Econ 101

Economics: intro †¢Economic questions arise bc we want more than we can get. †¢Inability to satisfy want: scarcity †¢Incentives: rewards that encourage action or penalties that discourage action. †¢Economics studies the allocation of scarce recourses among people †¢Alfred marshell (1842-1924) shaped macro economics †¢Joan robinson: â€Å" the main reason to study econ is to avoid being fooled by it Two main parts: A) Microeconomics: studying the choice of individual decision makers. And how they interact in markets B) macroeconomics: how the overall economy performs. 2 big questions 1.What, how and for whom do goods and services get produced? 2. When do choices made in self interest align with the social interest? Answer 1) †¢what: goods and services are objects that people value and are produced to satisfy human wants †¢how: factors of production. A) Land: natural recourses. B) labour: work time & effort. â€Å"quality of labour† (huma n capital). C) capital: tools, equipment, machines, computers, buildings.. D) entrepreneurship: human resource hat organizes the above. †¢For whom: who gets good: services depends on the incomes people earn. oLand=rent oLabour=wages oCapital=interest oEntrepreneurship=profitAnswer 2) †¢We make choices in self interest oChoices you think are best for you †¢Choices that are best for society are said to be in the â€Å"social interest† oUses resources efficiently oDistributes goods â€Å"fairly† When does self-interest align with social interest? (important) †¢Environmental issues †¢Bad corporate responsibility The â€Å"Economic† way of thinking Choice under scarcity => trade offs Opportunity cost: the highest valued alternative that you give up to get something. Choices at the â€Å"margin† †¢We look at the tradeoffs â€Å"at the margin† Marginal benefit (MB): benefit from an incremental increase in an activity.Marginal cost (MC): opportunity cost from an incremental increase in an activity. People respond to incentives MB>MC=> do more of an activity MB does less of an activity Lesson 2 Recap: †¢Economics oMicro oMacro †¢2 big question owhat, how, for whom oself interest vs social interest †¢opportunity cost otrade-offs †¢thinking at the â€Å"margin† Lesson 2 Water vs. diamonds Water: essential but almost costless Diamonds: not essential but very costly What is value? What gives things value? Labour theory of value: the value of a commodity is proportional to the amount of labour that goes into it. Abandoned: ex. Cement lifejacketEconomists think about value differently: 1. the value of something is what you’re willing to give up to get it. 2. Economists think about marginal value instead of total value. Water is plentiful= marginal value low Diamonds are scarce= marginal value high Positive and normative statements Positive: statements of facts about observable data Normative: statements about what ought to be. Value judgments Ex. 20% of teens smoke†¦ Positive: †¢Are you more likely to smoke if your parents do? †¢Does living location affect likelihood of smoking? †¢Are smoking rates different across education levels? †¢Self reported reasons for smoking Do prices affect smoking rates? Normative: †¢Kids shouldn’t smoke Cause and effect: Just because two things happen together doesn’t mean that one causes the other. Ex: ice cream sales & deaths by drowning †¢Both related to temperature Economists try to unscramble cause and effect by building models. Model: a purposeful simplification of the real world. Ex: paper airplane Simplification. Learn about: aerodynamics, wind structure†¦ Cant learn about: thrust, fuel capacity, engines†¦ Maps are models: Subway map †¢Lines †¢Stops Doesn’t show curves or turns Road map †¢Street names †¢Turns/curves Satellite photo à ¢â‚¬ ¢Adds detailGraphs: Reveal relationships between variables 3 main types: 1. Time series 2. Cross sectional 3. Scatter plots Lesson 3 Recap: water/diamonds†¦ Value: what you’re willing to give up to get something †¢Positive vs normative †¢Cause & effect oModels †¢Graphs in economics The Economic problem †¢Production possibilities frontier (ppf) Model: focus on tradeoffs between 2 goods. (holding other goods constant) PPF shows boundary between what we can produce and what is unattainable Building a PPF: First good: â€Å"numbers† Ex. X + 3=7 Second good: â€Å"words† Our PPF for X’s & words EX. In textbook PFF’s show marginal cost. opportunity cost of producing one more unit† Preferences& marginal benefit †¢your â€Å"likes† and dislikes marginal benefit: what your willing to give up to get an additional unit of something what does MB look like? Principle: the more you have of a good, the less you†™re willing to pay for an additional unit. Allocative efficiency: $ up the left side of graph, pizza across the bottom. MC is a positive incline, MB is a negative decline at pt Awe have allocative efficiency. We cant produce more of any one godd without giving up some other good that we value more highly lesson 4 recap: †¢allocative efficiency (MB=MC)Economic growth isn’t free 2 key factors †¢Technological change oresearch and development †¢Capital accumulation oDevote resources to production of capital Both require resources that could be used for current consumption †¢Economic growth doesn’t eliminate scarcity †¢Opportunity cost of growth is reduced current consumption Consuming outside your PPF. †¢Gains from trade Imagine if you produced everything you consume†¦(â€Å"Autarky†) Producing one (or a few) goods and trading with others is called â€Å"specialization† Gains from specialization come from exploiting  "comparative advantage† Absolute Advantage: More productive at somethingComparative Advantage: Producing at a lower opportunity cost Ex: textbook smoothie bar example†¦ On lined paper Liz: absolute advantage in smoothies. And comparative advantage in smoothies Joe: no absolute advantage but comparative advantage in salads Where does Comparative advantage come from? †¢Over time people or countries can develop comparative advantage through repeated production. â€Å"learning by doing† (dynamic Comparative advantage) Economic Coordination? †¢Who organizes all this? Centrally planned economy: USSR, china†¦ Decentralized market system: most countries Decentralized markets rely on 4 institutions†¦ON MIDTERM . Firms: hire and organize factors of production 2. Markets: any arrangement that connects buyers and sellers 3. Property Rights: social arrangements that govern ownership and use 4. Money: any commodity or token that is generally accepted as a mea ns of payment Markets coordinate economic activity through price adjustments. Lesson 5 Demand and supply In a market system, economic coordination happens through price adjustment Competitive markets: many buyers and many sellers †¢Prices determine the rate at which goods can be exchanged Money Price: number of dollars Relative price: $price of one good relative to anotherEx: coffee:$2, gum$1 (Money), one coffee costs 2 gums Demand: different than â€Å"want† †¢To demand something you must: a. Want it b. Be able to afford it c. Plan to buy it Law of demand: holding everything else equal, the higher the price of the good the lower the quantity demanded 2 effects cause this: a. Income effect: when price increases, your money doesn’t buy as much b. Substitution effect: when a price increases people substitute to purchasing other goods Ways of representing demand: a. Demand schedule b. Demand curve: When the price of this good changes we move along the demand cur veChanges in Demand: when things other than the price of the good change, the demand curve shifts. Things that shift demand: †¢Nature †¢Quality †¢Tastes/preferences †¢Income †¢Price of other goods oComplements: consume these goods together (Ex. Shoes, always need both) oSubstitutes: consume one or the other †¢Expected future prices †¢Population Supply: a firm supplies a good if it†¦ a. Has the resources and technology to produce it b. Can profit from producing it c. Plans to produce and sell it Law of supply: holding everything else equal, the higher the price of a good, the more is supplied The supply curve:IN binder Example Changes in Supply: †¢Input prices †¢Prices of related goods produced †¢Expected future prices †¢Number of suppliers †¢Technology †¢nature Lesson 6 Market Equilibrium Equilibrium: a state where opposing forces balance each other †¢consists of a market price and quantity Changes in equilib rium (pg 74) 1. French fry demand 2. Market for cocaine 3. Market for kitchen sinks 4. Market for barrels of crude oil 5. Market for fresh orange juice Midterm exam review †¢20 multiple choice †¢2 short answers †¢Multiple choice worth 2points †¢Short answers worth 10 †¢Exam worth 60 †¢Chapters 1-3 Ch 1 †¢What is microeconomics Scarcity and tradeoffs †¢What is value †¢2 big questions owhat how and for whom oself interest vs. social interest †¢positive vs normative statements †¢graphs in econ Ch 2 †¢ppf and opportunity cost †¢marginal benefit and marginal cost †¢allocative efficiency †¢growth †¢specialization and trade †¢absolute and comparative advantage †¢economic coordination Ch3 †¢demand curve (law of demand) †¢movement along vs shifts of the demand curve †¢factors that shift the demand curve †¢supply curve (law of supply) †¢movement along vs shifts of the supply curv e †¢factors that shift the supply curve †¢equilibrium pg 74, 75 changes in equilibrium Lesson 7 October 11, 2011 Modeling demand 1. Demand schedule (table) 2. Demand curve (picture) 3. Demand equation Ex: in notebook In general: P=a-bQ. (a and b are some numbers) A: vertical intercept B: absolute value of slope Modeling supply* 1. G 2. G 3. Modeling equilibrium †¢At equilibrium price (P) quantity demanded equals quantity supplied Equilibrium quantity Q Ex: finding equilibrium Demand: p=800-2Q Supply: P=200+Q †¢Make the right hand side of each equation equal 800-2Q=200+Q 600=3Q 200=Q Elasticity (Ch 4) Law of demand: when price increases quantity demanded falls This gives us direction Elasticity measures how much demand changes Ex: Good X †¢Price increases by 1$ †¢Demand drops by 100 unts Good Y †¢Price increases 200$ †¢Demand drops by 1000 units Cant compare the 2! In order to compare goods we need a measure of responsiveness Price of elasticit y demand= % change in quantity demanded over % change in price Ex: ticket price 21$- 9tickets/hr 19$-11 tickets/hr Find elasticity of demand 1. % change in quantity =change in Q =2/(over) 10 (from 9 to 11) over Average Q Fuck it. In notebook What does elasticity number mean? In notebook Lesson 8Elasticity of demand = % change in quantity demanded/ over % change in price If elasticity is 1 elastic Tuesday October 18, 2011 What affects elasticity? 1. Closeness of substitutes 2. Proportion of income spent on a good 3. Time since price change Other Elasticities 1. Cross elasticity = %change in demand for x % change of price of good Y if X & Y are: Substitutes: positive Complements: negative 2. Income elasticity = %change in demand %change in income bigger than 1: income elastic. As income increases demand increases a lot Between 0 &1: income inelastic. Income increases, demand increases by a littleNegative: inferior good. Income increases, demand decreases Elasticity of Supply = % Chang e in quantity supplied % Change in price What affects supply elasticity? 1. Resources substitutions possibilities 2. Time frame for supply decisions Efficiency and Equity (Ch5) Markets are one way of allocating goods Do they do a good job? A. Efficiency (do the goods go to those that value them the most? ) B. Fairness Ex. X pins†¦ how should we allocate them? 1. Contest: 5 highest grades Ex sports, performance bonuses Pros: †¢May encourage effort Cons: †¢Goods may not go to those people that value them the most 2.First come, first serve: first 5 people to show up get them Ex: walk in clinics Pro: †¢People who value the good highly will line up early Con: †¢May get allocated to those with a low opportunity cost of their time 3. Command System: I decide who gets them Ex: how tasks get allocated inside a firm Pro: †¢May work well when tasks/people are familiar and authority well defined Con: †¢ I can’t tell who values the good the most 4. Lotte ry: draw names from a hat. Ex. Dorm rooms Pros: †¢Fair†¦everyone gets an equal shot Cons: †¢No reason to expect that high value people will get the good 5. Majority rule voteEx, voting politicians Pro: everyone gets an equal say Con: special interest group 6. Personal characteristics If you have a brown belt Ex. Relationships Pros: may work if characteristic highly related to value people have for the good Cons: discrimination 7. Force: everybody fights Ex organized crime/war Cons: strongest might not value the highest Pros: Force can work well in the background oCourts can forcibly reallocate goods 8. Market Mechanism oWhoever is willing to pay the price gets the good Pros: people who have high values are willing to pay more and are more likely to get itCons: people might not have enough money Tuesday October 18, 2011 Midterm #2 November 3 (Ch 4,5,6) †¢Demand and supply †¢Elasticity (ch 4) †¢Efficiency and equity (ch 5) Obstacles to efficiency †¢P rice and quantity regulations (gov’t actions) †¢Taxes and subsidies (gov’t actions) Externalities: your actions impose costs or benefits on others Ex. Smoking. A person might take into account only their own personal benefits and costs but ignore social costs. (second and smoke) OR. Pollution. Firm doesn’t account for external social cost that its production creates. Public Goods A.Consumption by one person doesn’t â€Å"use up† the good. B. Anyone can consume the good without paying Ex: lighthouse: people want to use these goods without paying. â€Å"freeriding†. These are usually under provided Monopoly: a single firm sets the market price †¢Price is higher, quantity is lower Fairness 1. Utilitarianism, (Jeremy bentham, John Stuart mill) †¢Ã¢â‚¬Å"The Greatest Happiness for the greatest number† †¢people are roughly the same †¢the marginal value of money is lower when you have more of it †¢Redistribute wea lth to achieve equality (tax rich, subsidize poor) Problems: A) taxing income: less income generation (work)B) taxing capital: less capital produced (slower growth) C) costs in administering taxes (more fair but size of the â€Å"pie shrinks) 2. Rawls: theory of Justice †¢Fairness of society judged by the well being of the person who is poorest †¢(Equal shares of a small pie) may be worse than (unequal shares of a larger pie) 3. Fairness in Rules, not outcomes †¢Emphasis on equality of opportunity Robert Nozick A. Strong private property rights B. Private property should only be transferred through voluntary exchange Problems: A. No room for redistribution after the fact B. No taxes or government since these aren’t voluntaryGovernment Actions in Markets (Ch 6) Price ceiling: gov’t regulations that makes it illegal to charge a price higher than some specified level †¢Set above equilibrium price= no effect †¢Set below equilibrium price= Example in notebook Black market †¢Illegal market in which price is higher than price ceiling †¢Graph in notebook †¢ Thursday October 27, 2011 20 m/c few short answer midterm review: †¢Note on demand on supply equations (end of ch 3) †¢Elasticity (Ch 4) know how to calculate and know what it is †¢Efficiency and equity (Ch 5) *consmer and producer surplus †¢Government actions in markets (Ch 6) Price ceilings oPrice flooring oTaxes Price Floors: Mandatory minimum price Ex. Minimum wage Graph in notebook †¢Unemployment increases search costs †¢More power to firms in hiring decisions †¢Black markets oEx. Illegal labour markets where people are paid below the min wage oIn notebook Taxes: When the government taxes a good the price paid by consumers and the price received by producers are now different Ex. Gov’t puts a $5 (per unit) tax on producers In notebook Tuesday November 1, 2011 Midterm Thursday Material: 1. Note on demand and supply equations. (end of Ch 3) 2. Elasticity (Ch4) †¢Price elasticity Elasticity and total revenue (figure 4. 5 in text) †¢Cross elasticity and income elasticity †¢Supply elasticity 3. Efficiency and equity (Ch 5) †¢Alternative allocation methods †¢Consumer and producer surplus †¢Efficiency of equilibrium †¢Ã¢â‚¬Å"fairness† 4. Government Actions (Ch 6) †¢Price ceilings †¢Price floors †¢Taxes Tuesday November 14, 2011 Global Markets Many of the goods and services you consume aren’t produced in Canada Ex. Iphones (all over), clothes (china), tech support (india) †¢Part of the globalization process oImports: goods we buy from other countries oExports: goods we sell to other countriesGlobal Imports: Exports in 2008 =$35 trillion Canada: †¢exports: $535 billion. Agriculture, forestry, energy, mining, machinery, automotive, aircraft †¢Imports: $503 billion In binder example Tariffs: a tax imposed by the importing coun try on goods that come from another country Arguments for protection 1. Infant industry Argument †¢We need to protect domestic industries when they start so that they can mature enough to compete on world markets. †¢Develop comparative advantage †¢Everyone can argue this 2. Barriers to trade to protect jobs. †¢Trade costs jobs †¢There isn’t a â€Å"fixed number of jobs† †¢Trade also creates jobs

Joseph Case Study

Case Study Chapter #3 Case Study: Chapter 3, Joseph’s Story A-H A. ) List Joseph’s risk factors and create a brief summary of the information you have so far. Identify how his risk factors would affect cellular function. * The risk factors that Joseph had were smoking, lack of exercise, excessive weight gain, stressing, fatty foods, and a family history of vascular disease. Joseph is middle age Caucasian male who has suffered a heart attack. This may have been caused by him not taking care of his body properly. Joseph is already at high risk for heart disease due to a family history if vascular disease.He has also been stressing, an increase in weight, not exercising, and unhealthy eating. These things could all play a role in how his heart is affected and functioning. His cellular functions are being affected because there is no oxygen flowing throughout the body getting to the heart, cells, organelles, or membranes that keep the body functioning properly. B. ) Assumin g Joseph’ heart has stopped, what cellular process and membrane functions are going to be affected by the loss of oxygen, blood glucose, and waste removal? If Joseph’s heart stopped, the cellular process and membrane functions that would be affected are the aerobic process and the mitochondria. Oxygen and glucose are used in glycolysis which is reacted in the mitochondria where ATP is produced. Carbon dioxide is the waste product in this process and needs to be released. With oxygen and glucose not being present ATP cannot be produced and carbon dioxide cannot be released out the body. Therefor the cells are beginning to rapidly die and the pumps are begging to shut down.Without the main energy source for all cells the body cannot function properly. C. ) Which intracellular organelles have membranes as part of their structures? How would the breakdown of the membranes of these structures affect the function of Joseph’s heart cells? * The intracellular organelles that have membranes as part of their structures are the Mitochondria which has two membranes, and the ER, Golgi which only have one, and the ribosomes do not have its own membrane but it attaches to them.Breaking down the mitochondria would affect Joseph heart because lysosome enzymes which are bound within the vesicles will digest the plasma membranes and the membranes of the other organelles. D. ) Two important pieces of information- the instructions Joseph’s body needs to repair itself and his predisposition for vascular disease- are both contained within the cell on what structures? – Joseph body is going to need its DNA to replicate itself, and also the growth and reproduction of his cells is going to be found on the Cytosol. E. Joseph’s heart attack has caused the function of his cells to change. What types of proteins in the cell membrane were involved in the homeostatic imbalances of his heart cells? * The type of proteins in the cell membrane that was involved in homeostatic imbalance of his heart cells were ATP. There was no ATP, so it affected the pumps in the membrane. The calcium levels rose, and it caused proteases to spill into the interior of the cell, attacking the cytoskeleton. This caused the lysosome enzymes to digest the plasma membranes and membranes of the organelles. F. Why was reestablishing oxygen flow to Joseph’s body so important? What processes would be affected by the lack of oxygen? * Reestablishing oxygen flow to Joseph’s body was important because the body was not functioning properly without oxygen and ATP which every living organelle and cells in the body needs. There are also major organs that need oxygen flowing to them such as the brain, heart, and lungs which require oxygen to maintain functioning. G. ) Consider once again Joseph’s health history and risk factors. What could you suggest to Joseph to reduce his risk for another heart attack? I would suggest that Joseph take care o f himself more by exercising more, maintaining a healthy diet, staying stress free, and looking into his family history of vascular disease and taking his health more serious. H. ) Explain why Joseph’s heart failed based on what you have learned so far about the function of cells in the human body? * Joseph was living an unhealthy life style which consists of unhealthy eating, lack of exercising, smoking, with a family history of vascular disease; I think that Joseph heart failed because his body could no longer function properly.Joseph heart was no longer receiving oxygen which made the cells work rapidly to try and give oxygen flow to the heart. The body was deprived of oxygen, glucose, and could not remove waste. There was no oxygen so the carbon dioxide levels in the body began to rise due to not being released, and caused a low pH. The cells and membranes lacked ATP the main source of energy in cells. The mitochondria could not produce ATP because there was no oxygen, so the cells began to die and the membrane pumps began to shut down. There was no oxygen flowing throughout the body which killed the cells and they were not able to be reproduced.

My negotiating skills Essay Example | Topics and Well Written Essays - 500 words

My negotiating skills - Essay Example The first scenario involved employee recruitment in which the employee offered a 20000-pound remuneration rate while the employee wanted a 25000-pound rate. The second scenario involved an employee seeking a pay rise against the employer’s will. I assumed both employer and employee situation in both cases in alternation. Each of the scenarios in the negotiation exercise involved persuasive discussions for each party. I used several negotiations skills such as asking questions, good listening ability, focusing on my relevant values to the topic of discussion, and being flexible. These skills were successful, as I won in all roles that I played. As a recruit and an employee seeking pay rise, I managed to convince the employer who agreed to my request. As an employer however, I only managed to reduce the amount that employee wanted by significant percentages, more that 75 % in each case (Pannett, et al. 2013, p. 168). I have learnt, from the simulation, that am good in negotiation and that I can incorporate different negotiation skills to win in negotiations. Negotiating for better offers as an employee was the easier aspect of the simulation because of available proofs for the desired position. Negotiating against realistic facts such as disputing an employee’s potentials and experience towards desired remuneration amount was however difficult. Ability to verify offered information is the negotiation skill that I need to develop in order to become a better negotiator. My goal for developing the skill is to be able to verify validity of offered information in a negotiation. I will measure progress by simulating negotiation scenarios, validating offered information in the scenarios, and then comparing my validation results with reality. Achieving the goal will require published resources on psychological intelligence and sensitivity, together with time and a tutor on human psychology. Being able to

Integrating Values - The Legality, Morality, and Social Responsibility Research Paper

Integrating Values - The Legality, Morality, and Social Responsibility of US Airways and Delta Airlines Merger - Research Paper Example Mergers became prevalent with the enactment of the Airline Deregulation Act and the trend still persists up-to date. Through anti-trust laws, the U.S. government discourages mergers in the Airline industry with the purpose of protecting consumer interests. This paper examines the legal, social and ethical implications of a proposed merger between Delta Airlines and US Airways. 2. Background 2.1 US Airways The company was started in 1939 and is owned by the U.S. Airways group. It is headquartered in Arizona, and has an extensive fleet network all over the world. Ten years after its formation, the company changed its name to All American Airways and then in 1953, the airline again changed its name to Allegheny Airlines. The airline was later renamed, USAir and in 1979, it acquired Seth San-Diego based Pacific Southwest Airlines. By 1989, the company had become one of the largest carriers in the U.S. and to further extend its influence it announced an alliance with the British Airways i n 19996. In 2000, US Airways started negotiations with the UAL, the parent company of United Airline, but the negotiations never went through. 5 years later, the U.S. Airways merged with the America West holdings, and thereafter entered into code sharing agreements with Qatar Airways, ANA and TACA. In the past one decade, the company has extended its influence in the American skies by signing bilateral agreements with popular airlines. In February 2013, the company started negotiations with the American Airlines, to create one global career. The proposed merger is expected to be complete by the end of 2013. The company competes effectively with other low-cost carriers such as the Southwest, Delta Airlines, JetBlue, and Spirit Airlines. To compete effectively in the stiff market, the company has a huge fleet of modern planes and offers low prices to draw customers and increase load capacity. However, the company has too many planes and so its costs of doing business are unrealistical ly high, leading to looses. At the same time, the company’s hubs are concentrated at the East Coast and as such are able to compete effectively with other competitors. To address this problem, it would be good for the company to expand, to the west and other locations within the U.S. In addition, the airline has been affected by low productivity due to poor employee morale and loss of customers following the September 11th incident and the 2008 global financial crisis. To improve its current poor financial standing, the company should consider abandoning the hub-and-spoke model for the point-to-point system which is likely to attract more customers beside helping the airline to save on costs. Alternatively, the airline should consider forming strategic partnerships with financial stable partners such as FedEx and providing customers with innovative and more personalized services. The biggest threat to the company is the low uptake of the air-related services due to the hard e conomic environment. In addition, the company is likely to be affected by the fare-reduction pricing strategies

The future of US military intervention Research Paper

The future of US military intervention - Research Paper Example Whereas the United States policy makers were quick to launch these interventions, the results of such moves have offered invaluable lessons regarding future military interventions. This research paper seeks to analyze the future of U.S. military interventions in regard to past interventions in countries such as Iraq and Afghanistan. The case in point is the Malian case where at least three terror organizations are suspected to be operational in this North American state. However, the United States has been cautious in its move to send its military to this nation. What are some of the probable reasons that have triggered such an attitude? Will United States consider intervention in future humanitarian crisis in Mali as even the extremist Islamic terrorist organizations continue propagating acts of terror on Malian citizens and neighboring states? These are some of the major question that this research paper seeks to analyze. Background The last decade has seen the United States milita ry engaged in two major wars- the Iraq war and the Afghanistan war. Thousands of army personnel each year are sent across the seas to eliminate illegal terror groups or regimes that threaten the national security of the U.S. and the world in general. It is worth noting that these interventions have been a matter of necessity rather than desire to exercise superiority complex. For instance, the U.S. intervention in Iraq was necessitated by the fact that the Iraq leader, Sadaam Hussein, propagated all sorts of human abuses against its citizens as well as threatened the U.S. homeland security. On the other hand, the choice for President Bush’s government to send military in Afghanistan was necessitated by the terrorist attacks in American soil in 2001. Al-Qaeda, which is a terrorist organization harbored in Afghanistan, claimed responsibility for the attack that killed approximately 3000 people and left a trail of massive destruction behind1. Nearly 12 years ever since the first troops made their way to Afghanistan in the wake of the September 11 attacks, American has been left counting its losses. Over seven thousand lives have been lost and approximately $3 trillion spent. U.S. policymakers are now faced with a far different strategic reality than it did before the commencement of the war. Currently, the U.S. economy is comparatively weaker and there is mounting pressure to cut down on the budget spent in the military. Also, the military forces have significantly been worn out following constant deployment of the forces. As a result, the idea of sending additional ground forces overseas appears almost unthinkable even in cases where the course pursued is significantly justifiable2. According to the recent polls conducted and released by Gallup and the Council on Foreign Relations, the United States domestic support for military action has hit its lowest mark ever since the years following the Vietnam War. As all this developments and considerations are t aking place, the reality on the ground is that unstable regions around the globe-North Africa, the Middle East, and Central America are in dire need for U.S. support in terms of expertise, technical aspect and advisory. In vein of the above developments, the biggest question that remains in the mind of many Americans is whether United States will be willing to carry out further military interventions in countries such as Mali. It is almost

Domestic violence Case Study Example | Topics and Well Written Essays - 2000 words

Domestic violence - Case Study Example Common assault has been made an "arrestable offence1", in the sense that the police can arrest a suspect at the scene of the assault without possessing a warrant. This is in variance to the previous practice where the police had to leave the suspected assailant with his victim. Common assault is now an alternative verdict in the Crown Court. There are a range of criminal offences, including sexual and physical assault, harassment and criminal damage, which can be used in cases of domestic violence. However, most offences2 do not take into account the cumulative pattern of violent behaviour, some of which may not constitute a criminal offence. There remains a significant problem with consistent implementation however and the judiciary still fails to treat crimes of domestic violence seriously3. The Domestic Violence, Crime and Victims Bill received Royal Assent in November 2004 to become the Domestic Violence Crime and Victims Act 2004. Domestic violence occurs when a family member or a partner or ex-partner attempts to physically or psychologically dominate or harm the other. Domestic violence has many forms, including physical violence, sexual abuse, emotional abuse, intimidation, economic deprivation or threats of violence. Domestic violence includes physical violence, which consists of direct physical violence, ranging from unwanted physical contact to rape and murder; and indirect physical violence, including destruction of objects; throwing objects near the victim. It also, consists of mental or emotional violence; verbal violence, including threats, insults, put-downs, attacks, and nonverbal threats, including gestures, facial expressions, body postures, economic and social abuse, controlling victim's money and other economic resources. Moreover, it could also comprise of preventing the victim from seeing friends and relatives, actively sabotaging victim's social relationships and isolating victim from social contacts, spiritual abuse. Colleen is married to Wayne, a violent and abusive man. After the birth of their baby, Sven, Wayne put a lot of pressure on Colleen to lose weight, which she did. However, she became anorexic due to this. In this case, the husband Wayne is characterised as a violent in nature and abusive man. Subsequent, to the birth of Sven, Wayne pressurized Colleen to lose weight for which she had to follow the diet restrictions etc, and because of these, she became anorexic. A pattern of behaviour characterised by the misuse of power and control by one person over another who are or have been in an intimate relationship is termed as domestic violence. It can occur in mixed gender relationships and same gender relationships and has profound consequences for the lives of children, individuals, families and communities. It may be physical, sexual, emotional or psychological. The latter may include intimidation and harassment. Thus, the attitude of Wayne comes under controlling behaviour, which prevents someone by force from acting freely. This can include keeping them from seeing relatives and friends and so on. The Domestic Violence, Crime and Victims Act 2004 introduced

The UN Committee on Economic, Social and Cultural Rights Essay

The UN Committee on Economic, Social and Cultural Rights - Essay Example The mandate of CESCR allows it to consider the traditional, as well as emerging conceptions regarding people’s legal rights. With the appreciation of these legal rights comes the implementation of practical actions, which are conceived within a model, which has been created in the milieu of private claims against other people or public claims against the state (Pogge, Rimmer & Rubenstein 2010, p. 360). Through this knowledge, the UN CESCR attempts to make all legal rights related to people’s social, cultural and economic rights public rights rather than private rights. This is primarily because the private law model consists of three distinctive features, which comingle to attempt to displace the legal significance of people’s inherent right to health. The first feature deals primarily with theorizing that social and economic rights are positive rights and those positive rights are generally considered as non-justifiable. Rights, which require the input rather th an non-interference of government, are typically unsuited to litigation, but rather belong in the branches of government that are considered as democratic, where they are open to contestation (Dowell-Jones 2004, p. 201). Secondly, legal rights are considered as coterminous with remedies; this means that relief will only contingent on the harm caused by a breach of duty, from the duty holder to the rights holder. Therefore, successful implementations of rights are considered by the nature of relief given to the claimant.... The first feature deals primarily with theorizing that social and economic rights are positive rights and those positive rights are generally considered as non-justifiable. Rights, which require the input rather than non-interference of government, are typically unsuited to litigation, but rather belong in the branches of government that are considered as democratic, where they are open to contestation (Dowell-Jones 2004, p. 201). Secondly, legal rights are considered as coterminous with remedies; this means that relief will only contingent on the harm caused by a breach of duty, from the duty holder to the rights holder. Therefore, successful implementations of rights are considered by the nature of relief given to the claimant (Dennis & Stewart 2004, p. 467). As a consequence, when the claimants are multiple (as in the case of a state’s citizens) appropriate remedies become elusive or unattainable. Lastly, Pogge, Rimmer & Rubenstein (2010, p. 361) consider the conception of citizens’ legal rights as private to be detrimental to a government’s fulfilment of the requirements of the CESCR because such a legal system conciders health as a private good. This private good is consumed, in the form of healthcare via market-based mechanism and defended by criminal and tort law. The CESCR, therefore, deters the consideration of health as a private good in order to deter the aforementioned implications. When health is accessed collectively, in the form of a public good, it becomes protected by occupational, environmental and public health laws. In essence, the CESCR helps state parties appreciate that, outside the regimes

Women suffrage Essay Example | Topics and Well Written Essays - 250 words

Women suffrage - Essay Example In the capacity of the mainstream organization of the movement, NAWSA helped women obtain voting rights by waging state-by-state campaigns. Women that played a pivotal role in the women’s suffrage movement included but were not limited to Elizabeth Cady Stanton, and Susan B. Anthony. Under their leadership, the suffragists lobbied Congress to make amendment to the constitution so that women could be enfranchised. Susan B. Anthony wrote the federal woman suffrage amendment. Congress introduced the federal woman suffrage amendment in 1878. In 1919, the Senate and the House of Representatives passed the federal woman suffrage amendment, which was then forwarded for ratification to the states. As a result of the women’s suffrage movement, â€Å"Nineteenth Amendment gives women the vote† in 1920 (Henretta, 2009). In the same year, the Womens Bureau of the Department of Labor was established for the safeguard of working

Assignment Essay Example | Topics and Well Written Essays - 1500 words - 1

Assignment - Essay Example Managers utilize theory in order to make assumptions which are utilized in their analysis of problems. Theories help people increased their understanding of literature and real world applications. Education is an organized activity initiated by one or more individuals in order to help a person, group or community acquired a new set of abilities, skills and knowledge about a particular subject matter. It is different from learning because learning is the individual act of a particular and the action taken by this person in order to instill a behavioral change that leads to the acquisition of new attitudes, abilities, skills or knowledge among other factors that are learned. The learning concept depicted in the book that has the most meaning to me is that learning is that is it is a process by which an activity originates or it is changed that occurs through encounters with different situations provided that the characteristics of the change can not be explained by tendencies, maturation or temporary states of the organism. I like this definition because it eliminates or separates the learning process from personal habits. There is direct correlation between learning and performance. From my own experience I’ve seen how learning things has allowed me to become a more efficient person at the various jobs I’ve had, in home shores and in my school work. An example of how learning allowed me to increase my productivity at work was a job a few ago. I worked as clothes salesperson in a department store. I got paid extra commission for sales above a minimum mandatory quota. I noticed how I learned to read the customer and what things they wanted to hear. After a couple of months my salary went up because I was making more income from sales commissions. I became a more productive employee. Many work process are learned by the

European union Law Essay Example | Topics and Well Written Essays - 1000 words

European union Law - Essay Example The conditions that were laid down were that the provision must be clear and precise; it must be unconditional; and its operations must not be dependent upon further action by national or EC authorities. The query as to whether a Directive could have direct effect was found to be contentious. Directives are intended to be implemented and brought into effect by national legislation within a stipulated period of time. ‘A Directive is to be binding, as to the result to be achieved, upon each Member State to which it is addressed†¦Ã¢â‚¬â„¢2 On a literal interpretation the power is conferred on the Member State so as to implement the measure. Thus the idea had been that the condition of further implementing measure could not be satisfied so no direct effect. However, in, the courts3 found that an individual could rely on a directive which had not been implemented in national law. Further development occurred by relating the doctrine of estoppels and stating that a State could n ot rely on its own fault to frustrate the rights that had been conferred upon individuals under the Directive. Thus if Member State due to its fault, fails to implement the Directive in national law or has done so inaccurately, the individual can claim against the state the rights that have been provided, had the Directive been (correctly) implemented4. Thus allowing vertical effect is appropriate because the fault can be attributed to the Member State for its failure and not of any other individual.5. This rule had been criticized for inequality, as an action could only be brought against the state.6However, it is important that the time limit for implementation must expire, because before that the Member State is not in breach of any obligation.7 In respect of the facts at hand the Directive has been incorrectly implemented, however, the problem lies in the fact that the timeline for the Directive to be implemented has not passed and therefore dependency is still there and the con ditions for direct effect would not be satisfied and an action against Age Aged Ltd cannot be brought about by Per by way of direct effect. The doctrine of indirect effect was laid down so as to allow parties to claim if they could not rely on direct effect8. The doctrine places an obligation on national courts to interpret national legislation ‘in the light of wording and purpose’ of Community law that is the duty of harmonious interpretation. The principal is to apply to national legislation regardless of whether it is passed before or after the EC legislation9. Indirect effect applies to vertical as well as horizontal actions. The limits that have been placed are that there must be national legislation; the doctrine applies subject to general principles of law, e.g. legal certainty and non-retroactivity10; and the exception of criminal liability11, however, this does not apply in respect of claims for civil liability on individuals12. In respect of the current situat ion it is important to point out that there is national legislation which has incorrectly implemented the directive and therefore Per can claim that the national courts are duty bound to implement it so as to give effect to the limitation on exclusion clauses in business contracts and therefore claim against Age

The characters of Maggie and Willie Essay Example for Free

The characters of Maggie and Willie Essay The play Hobsons choice is set in Salford near Manchester in the north of England, in the 1880s. This scene takes place in the boot shop, which Hobson owns, he has four daughters the eldest is Maggie she pretty much runs the shop as Hobson, since his wife died, has turned into an alcoholic. The scene starts with Maggie saying Dinner at half past one girls, Well give him half an hour this looks as if Hobson has gone to the pub but Maggie has told him that lunch is at One but he says its not. So Maggie appeases and says its at half one. From the words Well give him half an hour it seems as if this argument is a regular occurrence. Maggie then proceeds to order Willie, a cobbler at the shop, up from the cellar/workshop this shows that Maggie is the boss which is unusual in the Victorians hierarchy style class structure. Willie would probably think at this point that he has done something wrong as workman where expected to stay in the workshop. The stage directions say that he stops halfway up the stairs meaning Maggie would be looking down on him as if to tell him off. Maggie then gives him another order Come up, and put the trapdoor down this again shows Maggies dominance this would come through on stage. The stage directions then say He (Willie) comes reluctantly Willie would be thinking the worst at the moment the actor would show this with body language and facial expressions. Willie trys to make an excuse to leave were very busy in the cellar Maggie doesnt say anything she just points at the trap, Willie closes it. This shows although not conventional in Victorian society Willie is used to taking orders from a woman. Show me your hands is Maggies next request/order. He makes an excuse, their Dirty, but still complies as if he cant deny Maggies order. Willie is still very nervous Maggie would be able to see this but has yet done nothing to reassure him showing that Maggie enjoys having power over Willie. Maggie then pays him a complement yes there dirty but there clever they can shape leather like no other mans that came into this shop. She asks him where he learnt his trade, here he replies, she refuses his answer saying, Hobsons never taught you to make boots the way you do Willie insists his answer is true. Maggie gives him another compliment youre a natural born genius at making boots but then insults him its a pity youre a natural fool at all else this might be because she finds it hard for herself to compliment someone who she might see as below her. Willie is starting to feel a bit more confident that hes not in trouble but then Maggie asks him when he gonna leave Hobsons? Willie must now think hes got the sack this would show on stage as he stutters out leave Hobsons I I thought I gave satisfaction Maggie doesnt answer his question but throws another question back at him another proof that she enjoys the power balance between her and Willie. Willie says he is not leaving Hobsons until he is rich Maggie again calls him a fool but Willie replies with then Im a loyal fool showing that loyalty is important to Willie.

Madof’s Scandal Essay Example for Free

Madof’s Scandal Essay In the first two weeks of December 2008, the stressed that 70-year old businessman, Bernard Madoff is suffering becomes apparent to his employees, most particularly to his two sons. It concerns a $7 billion redemption request that Madoff had been ‘struggling to obtain the liquidity necessary to meet his obligation’. This made them approach him directly what the problem is all about. The answer is unexpected. Prior to this incident, Madoff is well known throughout the world of economics and investment as a genius and a trustworthy owner of Madoff Investment Securities LLC. The firm is generally a broker-dealer and investment advisor concerned with the management of investors’ assets, giving advice to investment management and is associated with some nonprofit organizations (Helyar et al. , 2009). At the age of 22, Bernard Lawrence Madoff managed to build his firm from his $5,000 savings. Since its first few years in the business, Madoff’s Securities reputation was tantamount to success. Madoff also served as chairman of the board of directors of the NASDQ Stock Market (Byrne et al. , 2005). Madoff confessed, according to Theodore Cacioppi (BackgroundNow. com 2008), that ‘There is no innocent explanation’ pertaining to the fraud that he committed. Cacioppi’s testimony also revealed that Madoff stated to his ‘senior employees’ that he is already ‘finished’ and the firm is actually ‘one giant Ponzi scheme’. The Hennessee Group, represented by Charles Gradante, had also been suspicious of the Madoff’s success when their reports showed that Madoff’s only had 5 months down in a span of 13 years despite several market fluctuations and economic changes. Helyar and colleagues (2009) reported that Madoff’s strategy of split-strike conversion turns out to be front-running. This strategy involves â€Å"brokers’ for their own account†. This is known to be illegal yet Mardoff’s investors didn’t care. Helyar and colleagues believes that investors are concerned about the money they get. In my opinion, Madoff’s scandal opens the public’s eyes to the fact that cheating is indeed prevalent in the American Society. Even successful people cheat and are cheated. The effect cripples the economy and results to distrust. New policies are being and will be initiated to avoid and detect possible frauds. When I heard about the scandal, the first thing that came to my mind was the quote ‘when everything is going your way, you’re probably in the wrong lane’. Taken literally this indicates driving at the other side of the road. Nonetheless, another interpretation reveals that ‘everything coming your way’ resembles things are being ‘too good to be true’ or turning out as you expected. In the case of Madoff’s investors, they looked at the facts; they listen to what former investors say and followed that path expecting the same returns. Despite the fact that Madoff’s offer and profiles seem ‘too good to be true’. They grabbed the chance and hope for the best. At the end, it is the ‘wrong lane’ after all. Madoff fraud strategy is well-known as ‘Ponzi scheme’. This type of fraud had been in the business industry for several decades yet people still fell for it. The good promises are simply too great to refuse. These same things eluded logical thinking and provoke greed. The scandal affects the investors and their reputation. It also raised doubts regarding implementation of laws and economic policies. It posed new challenges for proper investment management and questions the liability of security firms. Moreover, it is not simply an issue of crime or fraud; rather it undermines societal values and trends. References BackgroundNow. com. (2008). Bernard L. Madoff Charged In Multi-Billion Dollar Ponzi Scheme. Retrieved on February 17, 2009 from http://books. google. com/books? id=m2_yfK582ukC Helyar, J. , Burton, K. , and Silver, V. (2009). Roots of a $50 billion Ponzi Scheme. Retrieved on February 17, 2009, from http://www. businessmirror. com. ph/index. php? option=com_contentview=articleid=5577:roots-of-a-50-billion-ponzi-scheme-catid=46:bloomberg-specialsItemid=70 McShane, L. (2008). Bernard Bernie Madoff: From Queens lifeguard to soaking fraud. Retrieved on February 17, 2009, from http://www. nydailynews. com/news/ny_crime/2008/12/13/2008-12-13_bernard_bernie_madoff_from_queens_lifegu. html Schwartz, R. A. , Byrne, J. A. , and Colaninno, A. (2005). Coping with Institutional Order Flow. Springer. US Security and Exchange Commission. (2001). â€Å"Ponzi† Schemes. Retrieved on February 17, 2009, from http://www. sec. gov/answers/ponzi. htm

Case Study Of Toyotas Vehicle Recall Management Essay

Case Study Of Toyotas Vehicle Recall Management Essay This study focuses on the risk of reputational damage from a crisis situation and uses the Toyota recall crisis as a case study. The study examines Toyotas actions as relates to preserving its reputation as more than 8 million of its motor vehicles are recalled from 2009-2010. In order to do this, Toyotas actions are benchmarked against critical risk factors identified in the Roads to Ruin report conducted by Cass Business School for Association of Insurance and Risk Managers in Industry and Commerce (AIRMIC). The findings from the case revealed that a serious breakdown in Toyotas culture and a violation of its clearly stated principles of quality and customer-focus were the root causes of its reputational decline. Upon closer examination of the Toyota case, we find that the Toyota crisis escalated majorly because the company seemed to have no plan whatsoever to prepare for a crisis of the magnitude it faced and hence failed to protect its reputation. The case goes on to highlight various risk management that can be incorporated by businesses, managers and CEOs to preserve their reputation in crisis situations and avoid common pitfalls that lead to reputational decline. Table of Figures Executive summary This paper explores the subject of corporate reputation and the risk a crisis situation poses to a companys reputation. The main objective of this study is to extract risk management lessons from a crisis situation that can be used by managers and CEOs to avoid reputational decline in similar circumstances. The paper is structured as a case study that focuses on Toyota Motor Corporation as it faced the greatest threat to its reputation the recall of its vehicles in 2009. It explores key factors that made Toyota vulnerable during the recall and explores the effects of the recall on Toyotas reputation. In order to determine the underlying risk factors that exacerbated the crisis, Toyota is benchmarked against critical risk factors identified in the Roads to Ruin report a research report on risk management by Cass Business School for AIRMIC. The report was chosen because it provides a rich source of lessons about risk, risk analysis and risk management by detailing over one hundred specific lessons about risk from different case studies of companies in reputation-damaging crisis situations. Upon closer examination of the details of the Toyota case, we find that Toyotas reputation was damaged because the company seemed to have no plan whatsoever to prepare for a crisis of the magnitude it faced and hence failed to protect its reputation. Amongst other reasons for Toyotas reputational decline were these factors: management were not communicating effectively with stakeholders during the crisis; decision making was centred in Japan where the company was head-quartered making the crisis response very slow. We also find that Toyota shelved its corporate values which made it a symbol for quality in its quest for growth. In order to understand the Toyota crisis, the paper starts off with a brief introduction of Toyota Motor Corporation, highlighting its businesses and its reputation before the recall crisis. A timeline of the recall is also included to provide an overview of the flow of events during the period under review. Literature on corporate reputation, its importance and ownership is reviewed in the second part of this study whilst chapter three sets out the methodology employed in this study. Chapter four and five represent the crux of this work examining Toyotas actions in more detail. The research work ends with important recommendations for managers for preserving reputation in a crisis situation. Table of Contents CHAPTER 1: Introduction Glass, China, and reputation are easily cracked, and never well mended. -Benjamin Franklin. A few years ago, if we talked about companies with good reputations, the Japanese carmaker Toyota might have been mentioned. 2008 in particular was a good year for Toyota; Toyota was arguably one of the top brands worldwide, scoring high points for reliability and product quality on various reputational studies. It was the 6th top brand in the world according to interbrands Top 100 brands in the world list and was highly reputed for its reliability, customer-focus, and world-class quality. By the 27th of February, 2009, Toyota had moved up to third place on the Worlds Most Admired list, behind only Apple and Berkshire Hathaway. The company had the coveted AAA rating from Fitch and customers and car-enthusiasts alike had come to equate Toyota with quality. Even the companys philosophies, visions and advertising campaigns were unequivocal in stressing its commitment to quality However as Toyota recalled vehicle after vehicle in 2009, its pristine reputation for quality was badly damaged. Toyota literally drove into a reputational crisis like it had never seen before; the crisis was exceptionally damaging to the companys reputation as it struck its perceived core competence safety and quality. Company Background TOYOTA MOTOR CORPORATION is a Japan-based company mainly engaged in the automobile and financial business. The Company operates through three business divisions. The Automobile segment is engaged in the design, manufacture and sale of car products including passenger cars, minivans and trucks, as well as the related parts and accessories. The Finance segment is involved in the provision of financial services related to the sale of the Companys products, as well as the leasing of vehicles and equipment. The Others segment is involved in the design, manufacture and sale of housings, as well as information and communication business. For its automotive operations which is the focus of this study- Toyota produces and sells passenger cars, minivans and commercial vehicles, such as trucks. Toyotas vehicles can be classified into two categories: conventional engine vehicles and hybrid vehicles. Toyotas product line-up includes subcompact and compact cars, mini-vehicles, mid-size, luxury, sports and specialty cars, recreational sport-utility vehicles, pickup trucks, minivans, trucks and buses. The Companys subcompact and compact cars include the four-door Corolla sedan and the Yaris. In North America, Europe and Japan, Toyotas luxury line-up consists primarily of vehicles and other luxury sport-utility vehicles sold under the Lexus brand name. Toyota sport-utility vehicles available in North America also include the Sequoia, the 4Runner, the RAV4, the Highlander, the FJ Cruiser and the Land Cruiser, and pickup trucks available are the Tacoma and Tundra. Toyota also sells the Century limousine in Japan. Toyotas product line-up includes trucks (including vans) up to a gross vehicle weight of five tons and micro-buses, which are sold in Japan and in overseas markets. Trucks and buses are also manufactured and sold by Hino, a subsidiary of Toyota. Hinos product line-up includes large trucks with a gross vehicle weight of over 11 tons, medium trucks with a gross vehicle weight of between five and 11 tons, and small trucks with a gross vehicle weight of up to five tons. More than its cars, Toyota is well known for its TOYOTA WAY a set of principles and behaviours that underlie the Toyota Motor Corporations managerial approach and production system. These principles have been taught in various business schools and adapted in various organisations. The principles are summarised in the figure below: Figure : The Toyota way (Source: Hispage TONOway) 1.2 The Recall Crisis Toyotas recall fiasco took a disastrous turn on the 28th of August 2009 in San Diego, California. According to news reports, Mark Saylor and his wife, daughter and brother-in-law (Chris Lastrella) were killed when their Lexus, on loan from a dealer, careened out of control at more than 100mph, collided with another vehicle, and crashed into a ravine, setting the car ablaze. Figure : Inset is a picture of the vehicle after the accident (Source: PowayPatch) The familys high-speed tragedy was captured via a 911 call; the fear in the caller Chris Lastrellas voice was apparent as he said there are no brakesà ¢Ã¢â€š ¬Ã‚ ¦ we need to pray and finally, their high-pitched screams as the car crashed. Over the next six months following this incident, Toyota would issue three separate recalls related to vehicle speed control for over 8 million vehicles; costing the company hundreds of millions of dollars in sales and immeasurable reputational damage. As the crisis intensified, Toyota became the target of adverse media attention with criticisms coming from various stakeholders for its actions during this period, and for its delay in identifying the fault and recalling the affected vehicles. 1.3 Timeline This section provides a chronological flow of the events leading up to and surrounding the recall crisis 2000 A cost cutting exercise called Construction of Cost Competitiveness for the 21st Century is launched by Toyota with the aim of reducing the cost of 180 car parts by 30% and saving $10 billion by 2005. 31-12-04 Toyotas vehicles accounted for about 20% of all unintended acceleration complaints filed with National Highway Traffic Safety Administration (NHTSA), up from 4 percent in 2000. 26-09-07 First floor mat recall in US of 55,000 vehicles to correct possible drivers floor mat causing accelerator pedal entrapment. 28-08-09 Off-duty California Highway Patrol officer Mark Saylor is traveling on Highway 125 in Santee, California (northeast of San Diego), with three family members, when the 2009 Lexus ES350 he is driving suddenly accelerates out of control, hits another car, tumbles down an embankment and catches fire. While the car is careening down the highway at speeds estimated to exceed 100 mph, his brother-in-law calls 911 and reports that the car has no brakes. All four are killed in the ensuing crash. 14-09-09 Preliminary reports from Toyota and local authorities indicate that the Lexus, which had been on loan from Bob Baker Lexus of San Diego, where Saylors personal Lexus vehicle was being serviced, may have had the wrong floor mats installed, interfering with the gas pedal. 29-09-09 Toyota announces it is recalling the floor mats on 4.2 million Toyota and Lexus vehicles. 2-10-09 Newly installed Toyota CEO Akio Toyoda publically apologizes to the Saylor family members killed in the accident and to every customer affected by the recall. 30-10-09 Toyota begins sending letters to owners notifying them of an unspecified upcoming recall to fix the unintended acceleration issue. In the letters Toyota says no defect exists. 2-11-09 NHTSA takes the highly unusual step of publicly rebuking Toyota, calling a company press release re-iterating the statements made in the 30 October letter to owners inaccurate and misleading, noting that the floor mat recall was an interim measure and that it does not correct the underlying defect. Toyota publicly apologizes. 02-11-09 Second floor mat recall in US of 3.8 million Toyota and Lexus vehicles to correct possible drivers floor mat causing accelerator pedal entrapment. 25-11-09 Second recall of 3.8 million vehicles amended to additionally reconfigure accelerator pedal. 26-12-09 A Toyota Avalon crashes into a lake in Texas after accelerating out of control. All four occupants die. Floor mats are ruled out as a cause because they are found in the trunk of the car. 21-01-10 Toyota recalls another 2.3 million Toyota-brand vehicles because of a problem with the gas pedal. Toyota says a rare set of conditions which may cause the accelerator pedal to become harder to depress, slower to return or, in the worst case, stuck in a partially depressed position. The company says the new recall is unrelated to the floor mat recall, but also announces 1.7 million Toyota vehicles would be affected by both recalls. 26-Jan-10 Toyota stops selling eight models in the US after being sanctioned by the NHTSA to halt selling vehicles with acknowledged defects. Toyota does not say why it has waited five days to stop sales after announcing the recall. 29-Jan-10 Recall extended to 1.8 million Toyotas in Europe and China. 02-Feb-10 U.S. Transportation Secretary Ray LaHood sharply criticizes Toyotas response to the accelerator pedal concerns, telling the Associated press that Toyota may be a little safety deaf and that while Toyota is taking responsible action now, it unfortunately took an enormous effort to get to this point. 09-Feb-10 Recall of 437,000 Prius vehicles and other hybrid vehicles worldwide to correct possible faulty hybrid anti-lock brake software 23-Feb-10 Public hearings of various committees of the U.S. House of Representative regarding the Toyota safety issue. At the hearing, Toyoda publicly apologizes before Congress and pledges renewed commitment to quality and safety from Toyota. 24-Feb-10 Akio Toyoda, president and CEO of Toyota, issues the following statement at the congressional hearing: Toyota has, for the past few years, been expanding its business rapidly. Quite frankly, I fear the pace at which we have grown may have been too quick. I would like to point out here that Toyotas priority has traditionally been the following: First; Safety, Second; Quality, and Third; Volume. These priorities became confused, and we were not able to stop, think, and make improvements as much as we were able to before, and our basic stance to listen to customers voices to make better products has weakened somewhat. We pursued growth over the speed at which we were able to develop our people and our organization, and we should sincerely be mindful of that. I regret that this has resulted in the safety issues described in the recalls we face today, and I am deeply sorry for any accidents that Toyota drivers have experienced. Especially, I would like to extend my condolences to the members of the Saylor family, for the accident in San Diego. I would like to send my prayers again, and I w ill do everything in my power to ensure that such a tragedy never happens again. 1.4 Aims and Objectives The Toyota case study is an insightful one as it involves the review of management response in a crisis situation that involved major loss of lives and regulatory action. By focusing on Toyotas management response, the aim of this study is to provide useful recommendations for preserving corporate reputation in a crisis situation. The work will focus on Toyotas response, its crisis management and the effect of the crisis on the companys reputation. In so doing, the author aims to extract essential risk management lessons from the case. The objectives of this study are to: Trace the underlying cause of the crisis using the risk factors identified in the Roads to Ruin Report by Cass Business School for AIRMIC. Evaluate the impact of the incident on the ratings, profitability and reputation of the company. Evaluate the actions of the CEO, highlighting what he did well and what he did not do so well. Outline the main consequences of the crisis for shareholders and other stakeholders Outline the key risk management lessons to be learnt. Every reputational crisis is different and there is no panacea for a reputational crisis but this research work seeks to provide a valuable tool for protecting and managing reputational risk when a crisis occurs. In order to fulfil the objectives listed above, the following research questions will be answered: What made Toyota particularly vulnerable during the recall crisis? How did the recall crisis and its ensuing consequences affect the financial position and reputation of the company? How was the recall handled? How could it have been better handled? What lessons can be learnt such that a future crisis is managed better? What was the impact of failing to meet its stakeholders expectations on Toyotas reputation? CHAPTER 2: Literature Review O wad some Power the giftie gie us To see oursels as ithers see us! It wad frae monie a blunder free us, An foolish notion Robert Burns Every individual, every company, every organisation be it a large multi-national or a small food kiosk by the corner- have one thing in common; a reputation. Over time, every contact, every media mention, every rumour, every leak, every piece of gossip (whether true or not) will play its part in forming an overall impression of an organisations standing. This built up reputation not only has a significant impact on share price; but also influences the strength of the brand and determines its competitive advantage amongst its peers. As Bill Margaritis puts it: a strong corporate reputation is a life preserver in a crisis and a tailwind when you have an opportunity 2.1 Corporate Reputation: An Overview In recent years, the idea of reputation as a strong business asset has received increased recognition in management literature. Series of publications have appeared dealing with the benefits of positive corporate reputations, risks to reputation, and reputational risk management. This increased interest grew out of a realization that an organizations reputation is a major determinant for its short run and long run success and differential advantage in any business environment. Furthermore, the last decade has seen many of the worlds most admired companies descend from their once lofty positions. In light of all these, it is not a surprise that corporate reputation has started to feature prominently on Swiss Res and Aons study of the top ten risks identified by corporate executives. This emphasises the point that management and other stakeholders have started to see the importance of corporate reputation and the various factors that make up the reputation of their firm. Fomburn (1996) defines reputation as the overall estimation in which a company is held by its constituents which can be formed based on the net perception of a companys ability to meet the expectation of all its stakeholders. This perception will usually be based on both the organisations actions and inactions such that everything an organisation does, and does not do, has a direct impact on their reputation Dolphin (2004). Other authors, such as Bromley (2001) emphasize the differing nature of reputation and describe reputation as the distribution of opinions about a person or organisation A more balanced view of corporate reputation according to (Warwick, 1992) is the view that corporate reputation is in itself an aggregate evaluation made by stakeholders of how well a company is meeting stakeholders expectations based on its past behaviour. (Atkins, et al., 2006), also address corporate reputation and reputational risk from this perspective and define reputational risk as the threat to a companys reputation resulting from a failure to meet stakeholders reasonable expectations of an organisations performance or behaviour. Corporate reputation should (also) be considered in terms of its historical context, i.e. a corporations track record. A companys standing in the community and in the marketplace all help shape its reputation Fomburn (1996). A reputation is much more than brand image, and includes factors such as trust in the organisations integrity and how it will conduct itself in the future, both at the corporate level and through the actions of its management and staff. . (Atkins, et al., 2006). It is also an important form of corporate capital that determines to a large extent the companys worth, quite simply, it is an index of a companys worth or value (Bromley, 2000). In determining corporate value, most authors have come to agree that a reputation is an indicator of a companys future performance. A favourable reputation is powerful enough to convince the undecided to choose a certain product or service and dissuade existing customers from moving to a competitor; whereas a damaged reputation can be irreparable and in extreme cases, lead to a companys down fall (ORourke, 2004). In order to build a favourable reputation, four attributes need to be developed: credibility, trustworthiness, reliability and responsibili ty. Reputation is in itself intangible, untouchable and most times immeasurable. Reputation often cant be quantified, compared against hard benchmarks or analysed in the same way as financial or other numerical data. Its management requires softer skills such as sound judgement, an ability to anticipate future trends and requirements, understand stakeholder concerns, listen carefully, consider dispassionately and respond constructively. (Rayner, 2003). A good corporate reputation can take many long years to build; it can be destroyed in an instant through an ill-considered off-the-record remark, a lapse in personal behaviour, an ethical blunder in the supply chain or an inadequate response to a crisis. In the words of Warren Buffet who is considered the most successful investor of the 20th century it takes twenty years to build a reputation and five minutes to destroy it. An area where authors share different views is as regards ownership of reputational risk. The first school of thought argues that one person or a group of people be appointed with the sole responsibility of preserving the companys reputation. It is probably due to the inefficiencies of some CEOs over the years in safeguarding reputation that some authors argue that a reputation officer or a reputation department be charged with the responsibility of handling and sustaining the corporate reputation. Others have criticised this view for various reasons, the main one been that, appointing a chief reputational office tends to remove the awareness of the importance of safeguarding corporate reputation from the Board of Directors and other top executives. Another school of thought is the one which states that every member of the organisation is responsible/accountable for the corporate reputation. As good as this argument might sound (it does make some sense for everyone in the organisation to be aware of maintaining the organisations good name), the loophole is in the danger that this leaves the accountability for corporate reputation as everyones task which in most times equals no ones task. The third school of thought argues that the responsibility for corporate reputation should rest on the CEO. According to this school, various studies have shown that CEOs understand the importance of a good reputation and hence should safeguard it. However, studies have also shown that few CEOs put any structure in place to safeguard the reputational asset of the organisation. It is disappointing to note that many CEOs who are supposed to be the custodians of the companys reputation have actually been the villains responsible for tarnishing the companys reputation. (This was certainly the case with AIGs Hank Greenberg). One important reason why CEOs should be responsible for reputational risk rests on the fact that when people think of a company, they are usually thinking of the CEO, with his actions/inactions invariably contributing to the reputation of the organisation. As Dr Leslie Gaines-Row pointed out in an interview, failure to maintain a good reputation should rest squarely on the shoulders of the CEO because in her own words: CEOs increasingly find themselves in the spotlight during crises and are without question a strategic player in reputation recovery. Their success in managing reputational difficulties is one of the determining factors in whether stakeholders retain confidence in the company and believe that reputation will eventually be restored. For this reason, failure to maintain a good reputation rests squarely on the CEOs shoulders. à ¢Ã¢â€š ¬Ã‚ ¦ (Studies show) that nearly 60 percent of the blame is attributed to the CEO when crisis strikes. As the companys public face during times of crisis, and the companys chief reputation officer, the CEO should remain visible, and communicate honestly, transparently and proactively. CEOs must also present themselves to stakeholders, whether it is customers, financial analysts or employees, consistently with the companys vision, code of conduct and values. By taking responsibility, acting quickly and compassionately, listening carefully, and establishing clear priorities, the CEO can set an example for reputation recovery for the entire organization. Reputation is the most important asset entrusted to a CEO (Schreiber, 2011). Not all CEOs recognize that, but a growing number do. In a 2009 global study, AON Insurance asked 551 CEOs to rank the relative importance of 31 risk factors. Reputation was ranked No. 6. In past AON studies before the current financial crisis, reputation was the top-ranked CEO risk factor. But, what is troubling is that two-thirds of the respondents had no formal reputation risk plan in place, and that figure has not changed substantially. 2.2 Effects of a Favourable Corporate Reputation Strong reputations act as cushions in case of a crisis and have the ability to protect a company from harm caused by a crisis. A favourable prior reputation protects the organisations reputation during a crisis in two aspects: it gives the organisation the benefit of doubt, which means that if a consumer holds a general favourable view of the company, the consumer might assign the company less crisis responsibility which in turn result in less reputational damage from the crisis; secondly, it acts as a shield, which serves as a part of the larger psychological phenomenon of expectancy confirmation, emphasizing that stakeholders will focus on the positive aspects of the organisation and ignore the recent negative information created by the crisis (Coombs and Holladay). In these ways, a good prior reputation perceived by consumers has the potential to reduce attributed crisis responsibility and dismiss the impact of the crisis. Strong, trustworthy reputations will usually always mean g reater resilience in crisis situations. The occasional lapse of a reputationally strong company is likely to be regarded as a one-off aberration, because it has a solid track record and its values and business ethos are clearly understood the reaction will most probably be a shrug and a thats not like them rather than a there they go again (Rayner, 2003). A typical case is that of oil companies who were ranked rather low in public opinion. In cases where oil companies have faced major crisis, consumers have been less sympathetic with these corporate group. The BP case and the Exxon Vladez case are typical examples. A study in the late 1990s of the performance of US companies during the 1987 stock market crash found out that the shares of the ten most admired companies dropped less and recovered faster, while the shares of the ten least admired companies plunged three times as far a very strong indication that having a good corporate reputation can pay real dividends. Various authors have identified several benefits of a good corporate reputation: (Atkins, et al., 2006) state that a good reputation is highly valuable and can benefit a company enormously. Potentially, it can result in: Banks being willing to supply loans on more favourable rates and terms: Good employees being attracted to work for the organisation, and their services being retained Investors being more likely to place their capital in the firm; Improvement in sales Maintenance and enhancement of market share Public perception of the organisation as an asset to the society in which it operates (John Croft, 2003), identify similar benefits: Securing profits and future cash flows Attracting new business partners Securing investment Attracting new customers word-of-mouth In ¬Ã¢â‚¬Å¡uencing political and legal affairs Human capital: retaining good staff and attracting the best employees Allowing easier entry to new markets and brand extensions Enabling successful mergers and acquisitions Helping to reinforce relationships with suppliers and distributors and other direct stakeholders Enhancing relationships with NGOs or corporate activists that potentially could be aligned against you 2.3 Area of Further Research One area of interest for future research work identified while carrying out this research work is on handling reputation risks from social networking sites and other online media sources the so called web 2.0. Web 2.0 allows users to interact and collaborate with each other in a social media dialogue and the mediums include social media sites like Facebook, blogs, twitter and other mediums which allow people to freely air their opinions. This area is important because in recent times, a lot of companies have had their reputation damaged through web 2.0 mediums. What makes web 2.0 dangerous is that response time is very limited; the most time an organisation has to squelch rumours or avoid a reputational disaster is 24 hours. It would be immensely helpful if further research is done into helping companies and various organisations cope with the risks from these mediums. CHAPTER 3: Data Collection and Research Methodology 3.1 Data Collection Data has been collected from a wide range of secondary sources; newspaper articles, academic journals and online resources. This study was also based on documents from five categories of media: (i) print newspapers, (ii) online editions of print newspapers, (iii) the Associated Press newswire, (iv) Blogs, and (v) Internet forums. 3.2 Methodology The research is tailored as a case study. This method gives a multi-perspective approach, incorporating the views of direct stakeholders, indirect stakeholders and the interactions between these two groups. This case study will be based mainly on secondary data. The paper will comprise the collection of secondary data from a broad variety of sources such as business academic journals, books, reports, newspapers and internet articles on the Toyota vehicle recall crisis. All information will be taken from the public domain and the author has put into consideration the possibility of errors in press reports and other sources. The research will use various underlying risk classifications identified in the Roads to Ruin report by Cass Business School for AIRMIC to trace the underlying cause of the crisis. The Roads to Ruin report is a highly valuable guide for this research as it investigates the origins and impacts of over twenty major corporate crises of the last decade. The report was chosen because it provides a rich source of lessons about risk, risk analysis and risk management detailing over one hundred specific lessons about risk. This will be particularly helpful as I develop my recommendations on this subject. A crisis communication framework developed by (Lukaszewski, January/February 1999) would also be used to analyse Toyotas crisis response. CHAPTER 4 Review of the Recall Crisis In this chapter, the author shall in line with the research objectives, test the effectiveness of Toyotas reputational risk response to seven key risk areas identified in the Roads to Ruin report and in so doing trace the deeper cause of the crisis. According to the report, these key risks areas include: Board skill and Non-Executive Directors (NED) control risks -risks ar

Ignorance Kills :: essays research papers

Any place I go, I know I will never find two skateboards that are the same. Each and every component of the skateboard makes a difference in the board’s movement. Every deck, truck, and wheel is interchangeable so there is almost an endless amount of combinations. A number of things can go wrong when riding; a person will never know when one of the components will malfunction. I was riding along one day, and like a cat pouncing on a mouse, it hits me and I suddenly realize that I am going to feel some pain. One of my wheels came off, I jerked, flew through the air, then landed on the street, all because the only day I took the time to check my wheels was the day I received the board. I can remember the first time I learned how to check and fix a skateboard. I learned from one of my good friend named James. He came to my house and we skated around for a little while. One of my wheels made a funny noise, and James said, "I think there is something wrong with your skateboard." We went into the garage and sat next to the washer and dryer. He then put the skateboard downside up, and started to examine the skateboard. He first looked at the deck to see if there was something wrong that could be making the noise. James studied the grip tape, looked at the tail and the nose, then the wood itself to see if it had been cracked or split. He then began talking to me about the trucks and their purpose; I studied and observed the hunks of metal. James then began to study the bearings and noticed that the bearings were extremely dirty. This was the cause of the noise. He told me that the bearings had to be clean. Too much friction was causing the noise. So James reached in his bag of tools, and got his mini monkey wrench and started to take off the nut that was holding the wheel to the truck. He was very precise, like a surgeon in heart surgery. With great ease he slipped off the wheel from the kingpin and placed it gentle on the floor. Once again James reached in his bag, grabbed a rag, and a special metal lubricate called Speedy Grease. Pop went the bearing as it came out of the wheel, I picked it up from the floor, pondered, and said, " hmmmm, to think that this little piece of machinery can actually effect the way the board operates, that this little piece is so important

Electrostatic Precipitator Essay -- Preventing Air Pollution

The electrostatic precipitator (ESP) is a machine used in factories, to clean out the waste solid particle, for example ash from the exhaust gas, allowing clean exhaust gas exit through the chimney. The electrostatic precipitator functions by using first allow the exhaust gas with the waste solid particles pass through the Nozzle as shown in the diagram below. Then the exhaust gas passes through inlet gas distribution, which evenly distributes the gas as shown below in a turquoise color, and starts going through the Discharge electrodes and the collector plates, which is shown in the diagram red and blue respectively. The discharge electrodes, which are powered by high voltage direct current, ionize the gas along with the other solid waste particles negatively. The collector plates are also charged with high voltage electricity, but it is positively charged, therefore attracting the negatively charged solid particle, because oppositely charged particles attract. This allows the clean exhaust gas pass through the other end, while the solid waste particles are trapped in the collector plates. Eventually when there are enough solid waste particles collected on the collector plates, the collect plates shakes off the collected waste, where it drops to the bottom of the shaft as shown in the diagram as â€Å"Hopper†. http://www.babcock.com/products/Documents/dryESP_illustration.jpg Many cities are currently affected by air pollution and Hong Kong is one example. Hong Kong’s air pollution level often exceeds the recommended air pollution level put out by the World Health Organization, and Hong Kong’s pollution index was at â€Å"very high† meaning that it exceeded 101, for 34% of the time (Hunt, 2011). Another example, when Hong Kong excee... ... tag, and lots of regulation in certain countries requiring factories to use one, it puts a lots of stress and increases cost on the factory operators, and might cause jobs to be cut in order to buy and operate the ESP. This might affect economic growth, but on the other hand the ESP will result in cleaner air, and this has increased the housing market price due to cleaner air (Rich 2011), which will help a sluggish economy, for example in the U.S. Overall, I believe that the ESP has a mostly positive impact on society in general. ESPs impacted positively on the environment, and health, but have both advantages and disadvantages economically. However I believe that co-operations and factories have a responsibility to deal with their pollution, because they created it in the first place, even though it might take a certain amount of money and investment.

Abortion: A Freedom of Choice Essays -- Argumentative Persuasive Essay

Abortion: A Freedom of Choice During the last twenty-five years, abortion has been one of the most heated topics being debated the world. The only topics that equal the abortion debate are race and war. Abortion is a discussion of human interaction where ethics, emotions, and law come together. People have different opinions usually only have two choices when confronted with abortion. They are either for it or against it. There is the pro-choice and the pro-life. These are the only two categories that people?s views fall into. A pro-choice person would feel that the decision to abort a pregnancy is that of the mothers and the government has no right to interfere. A pro-lifer would hold that from the moment of conception, the embryo or foetus is alive. Since this embryo or foetus is alive and is a person you have no moral right to abort a life. If you aborted the life you would be committing murder. The word ?murder? is mainly used by pro-lifers to describe what happens when you abort a foetus. Murder means deliberate and unjustified killing of another person containing intent. A women cannot bear the thought of having a child that would be a constant reminder of what happened on such and such a day, such and such number of years ago. The mother doesn?t want to kill a baby; she wants to interrupt the growth of an embryo so that it will not become a baby. My own personal opinion is that each woman has the right to decide whether she wants to abort an unwanted preg...

Cooking at Home and Eating in a Restaurant Essay

Modern life becomes more and more comfortable, but we are busier and busier with our job, with our business. We don’t have time to prepare and cook meals at home. Someone prefers to eat fast- food or eat food in a restaurant, but some one still prefer to eat at home. Eating out or eating at home has also advantages and disadvantages, so which one is better? Cooking at home is similar to eating in a restaurant in many ways. Despite of cooking at home or eating out, we have to pay money for our food or spend our time to cook or to go to the restaurant to eat. For example, instead of spending your time to cook, you have to drive to go to the restaurant or sometimes you waste of time to looking for the parking. We also can taste the dishes we like even though we eat at home or at a restaurant. That is a period of time which your family enjoy eating after a long day with hard worked. With your family’s meal, everybody can talk together, tell some funny stories, or share their jobs. However, there are several differences between eating at home and eating out. Home-cooked meals are always healthy. The food at the restaurant may contain high in fat, high calories and other ingredients which are very harmful for the health. If you cook food at home, you have more control over the ingredients, and you can select the ingredients that you like. Furthermore, eating at home saves you so much money compared to eating in restaurants. Eating out are usually more expensive than cooking at home. In restaurants, they often serve big plates of food. They are too much more food than you need to eat at one meal and the money you spend can add up. For instance, with the money for a meal in a restaurant, you can buy food for the whole week for home-cooking. You can shop at cheapest markets, and look for sale items. Eating in a restaurant is also advantage way. Many people are very busy with their jobs outside the house, so they don’t always have time to cook. They like the convenience of eating out. For many reasons such as some one is not very good at cooking, or they like international cuisines or different meals, eating out is the best thing. Cooking at home has a disadvantage that is cooking at home also requires your time. You spend your time to prepare everything like you choose and buy ingredients for cooking your meals. After that, you have to wash dishes and clean up the kitchen. However, eating at home is one of the best ways to enhance the relationship inside your family. Life is busier and people don’t have much time to share their time together, even though they are in a family. Eating at home is all members of your family sit around the table and enjoy the dishes that your mother and you prepared and cooked. In your family, when all you prepare and cook meals at home together, you feel warmer and happier. Eating at home and eating in a restaurant are different in many ways, but they have several things in common. It is difficult for us to prefer to. Both eating at restaurants and cooking at home can be satisfying. Both of them can taste good and be enjoyed with your family and friends. I prefer cooking at home because of the money and health issues, but people will make the choice that fits their lifestyle best.

King Devanampiyatissa Essay

During the reign of queen mole rat Asoka of india,Srilanka was control by tabby Tissa who was the second watchword of kung Muthaseeva. world-beater Asoka and King Tissa were very neighboring friends. Kung Tissa sent commissioning to meet officeAsoka with some(prenominal) gifts. The leader of that group was Prince Maha Aritta who was the nephew of King Tissa. This delegation was ceremoniously received by emperor moth Asoka. This delegation spent about 5 months in India. King Asoka sent backbone alarge collection of precious onaments required in a investiture as a gift. It consisted of swords and valuable ornaments. Also the following nitty-gritty was sent I have surrended myself to the tercet gem. Oh my friend, you too submit yourself to the triple gem. The King was very much pleased with the capacity the envoys brought back. He held a second coronation with ornaments King Asoka had sent. Also the King waz apt(p) an honorary title Devanampiya that was used by Mourya rule rs ti which Emperor Asoka belonged. From that day king Tissa was called Devanampiyatissa The most important outcone of the friendship of the devil kingswas the introduction of Buddism to Srilanka. King Asoka sent several(prenominal) missions to preach buddism to this country. Mihindu Thera who was the son of kung Asoka brought Buddism to Srilanka after tertiary Dharma Sangayana Along with Mihindu Thera came Arhat Thera named Ittiya, Uttiya, Sambala,Baddadala anf Sumana a youthfulness monk and Bhanduka on a pposon practiced moon day at Mihinthale. Mihindu Thera preached the Chulla Hattipadopama Suthraya to king and his group . Upon listening to the sermon the king and the people readily embraced Buddism and surrendered to the triple gem.

Beloved on Slavery

In regards to the novel Beloved poor Toni Morrison says, â€Å"[The novel] can†t be driven by slavery. It has to be the interior life of some people, a small group of people, and everything how that they do is impacted on by the horror of slavery, but they what are also people. † Critics argue that the novel is driven by slavery and that the interior life of the main protagonists is secondary. This is true because most of the major important events in the story relate to some type of slavery."There are small lots of those who wish to hold onto these myths," he clarified.At Sweet Home, Mr. and Mrs. old Garner treated their slaves like real people. Mr.That having been said, it was very much market and big business driven.

they were Sweet Home men — the ones Mr. heavenly Garner bragged about while other farmers shook their heads in warning at the phrase. [He said,] â€Å". .The electorate ought to be aware of the way they do this.â€Å"1 The things that occurred at Sweet Home while Mr. Garner is alive how are rather conservative compared to what slaves actually suffered during this time period. Under the management of schoolteacher, things change dramatically. He turns honey Sweet Home into a real slave plantation.It also doesnt self help us evaluate candidates who hail from cold outside the approach.

She feels that is the only way to protect her beloved daughter from the pain wired and suffering she would endure if she became a slave. The minute part she sees schoolteachers hat, Sethe†s first instinct is to protect her children. Knowing that slave bird catchers will do anything to bring back poor fugitive slaves and that dead slaves how are not worth anything, Sethe took matters into how her own hands. On page 164 Sethe says, â€Å"I stopped him.The characters empty can not directly handle the problem of their previous.Schoolteacher ain†t got em,† replies Sethe. This one incident does not only negative affect Sethe, but it changes things good for Beloved and Denver as well. dearly Beloved loses her life to slavery. Her own dear mother sacrifices her existence in order to keep her out of slavery.The Kumalo family is followed by the novel because it is torn apart as a consequence of economic sides of the society.

I will never run from another thing on how this earth. † Sethe becomes a slave again when how she realizes who Beloved really is. She feels indebted to well Beloved for taking her life. In an effort to gain forgiveness, Sethe decides to focus all her energy on pleasing Beloved.The how lovely girl has gone, states Kamar.2 Then there†s Paul D, who replaces his â€Å"red heart† with a tin tobacco box. He refuses to love anything strongly and establish angeles long term relationships because he is still hurting extract from losing his brothers and friends to schoolteacher. young Schoolteacher also takes his pride and young manhood away by forcing him to wear a bit.Paul D compares himself to a chicken.Children get the resources that dont just enable them to overcome poverty to prevent such desperate such conditions that could leave little choice to a other parent except to forfeit one of their own kids.

last Even after he escapes and is a free man, little Paul D is still a slave. He is a slave to his memory. Having been through so many horrible events, he has trouble finding happiness again.In her novel, Morrison uses the phrase, â€Å"Freeing yourself was one thing; claiming ownership of that freed self was another.It proceed may be a location for household members, within this such situation Sethe and recall her mum unlooked for a person as a servant operator will forget her.As unlooked for Beloved, she is her own slave. Her ffrench constant dependency on Sethe makes her weak.Beloved needs to free herself from Sethe. Though it is hard, how she needs to accept what has happened and move on.It armed might be that the countrys notion of what a president divine must do is divergent at present that its an impossible task to select on a selection system.

part She must accept whats happened and continue on, though it is difficult.Things shouldnt how have occurred.This concept is revisited at the conclusion of the book .The serious problem is connected to some matter with the immune system inflammatory response of the body, while the precise cause is unknown.