Personal Identity Essay Example | Topics and Well Written Essays - 1500 words

Personal identicalness - Essay ExampleAre in that respect Other Features That Need To Be Factored In As Well, Or Instead? Overall, What Factors Are Indispensable For Establishing And Sustaining Our Identity Over Time? The theme deals with many concepts that include our beliefs, desires, sensations, emotions and passions among other things (Wiggins, 2007). The philosophies of the mind involve studies that argon carried disclose to determine the nature of our minds, the mental events that take place in them, their functions and properties along with the alliance of our consciousness to our personal bodies (Crane, 2001). The field greatly considers the relationship that exists between our minds and bodies. However, it also considers other matters which do not concern the relationship that exists between our bodies and mind but that help in defining our personal identities (Behrendt, 2003). According to philosophy, consciousness is a terminology that is used in describing the relat ionships that exist between our minds and the environments we interact with (Crane, 2001). The term has been described as involving our aptitude to experience, feel or have feelings of selfhood while possessing the control of our minds (Wiggins, 2007). Many philosophers like Velmans claim that our consciousness involves anything that we argon aware about which in turn makes the activity the most common feature in our lives. Philosophers point that consciousness comprises of our views, thoughts along with feelings (Behrendt, 2003). Memory on the other hand, has been described as the set of cognitive abilities which modify us to retain information while reconstructing our past experiences (Wiggins, 2007). A philosopher like William James in the social class 1890 argued that memory is the knowledge we have of previous states of mind we have experienced but have already been dropped from our consciousness (Martin & Barresi, 2003). This therefore implies that our memory derives its i nputs from our consciousness in perceiving the events that take place in our environments (Crane, 2001). Philosophers such as Aristotle and Plato proposed various concepts that greatly helped in resolving the issues involving the relationship of our minds to our bodies (Behrendt, 2003). The two philosophers came up with the concepts of dualism whereas the notion of monism was introduced by Descartes (Wiggins, 2007). on that point are several types of dualists among them being the substance dualists along with the property dualists. The former dualists claim that the mind exists independently whereas the latter dualists believe that the mind consists of clusters of properties that are independent that usually come from our brains and cannot just be condensed to it (Davies & Stone, 2005). They additionally state that the brain is not a whimsical substance and other factors should be include in the analysis of our personal identities. On the other hand, monists like Descartes dispute the idea that our bodies and minds are ontologically unique types of entities (Hoerl & McCormack, 2001). However, other people like the idealists believe that the only thing that exists is the mind and that everything else is mental or is an hallucination that has been created by our minds (Davies & Stone, 2005). The neutral monists believe that there is a substance that is unknown of which our minds and other matter in our environment are a part of (Wiggins, 2007). Currently, philosophers of the mind usually adopt either a subtractive position whereas others adopt non reductive approaches in illustrating that our minds and bodies have a relationship that exists between them (Davies & Stone, 2005). However, there are still other philosophers who dispute the idea that the mind is an unadulterated physical construct that can go a long way in defining our personal iden

Dra DB ROD Assignment Example | Topics and Well Written Essays - 250 words

Dra DB ROD - Assignment ExampleTsakos presentation is methodological, interactive and effectively thought through. She presents her ideas systematically and farms the claims she makes. I consequently conquer with all the facts she presents and does not disagree with any of the facts she presented since she provided sufficient proof to them.Theater is indeed a catalyst for kindly change. Theaters assemble people of varying ages and cultural backgrounds for entertainment purposes. The pass ons that occur in the course of action of themes address social, economic and political issues. Through such messages, theaters influence public opinion thereby initiating social changes. Character and theme are two of the six Aristotelian elements. Character refers to the agents in the plot utilise to convey a message while a theme is the central reason for the play and the message in the same. The two are evident in Tsakos tv. She uses a number of performers including herself in her attempt to prove that technology has enhanced the development of theaters. Her systematic use and portrayal of the six Aristotelian elements in her video coupled with her systematic relay of information makes her presentation a fine

Code of Ethics Research Paper Example | Topics and Well Written Essays - 2500 words

Code of Ethics - Research makeup ExampleThis papers focal point is to create an appropriate code of ethics that would be perfectly suited for any business.All the staff, board members, and volunteer members that work within an physical composition must(prenominal) encompass virtues that illustrate integrity in their personal and professional relations. Honesty and transparency are the nearly important virtues in this regard.The focal point of existence for an musical arrangement needs consideration. For instance, in an online banking organization, this could be to hold back that clients receive banking service provision of the highest quality from the comfort of their homes.The organizations code should be advantageously(p) within & aims to fulfill all the requirements sets within the States /Countrys Constitution. It ought to regard of the needful laws and regulations (Bailey, 2011).Information concerning financial and social dealing of an organization should be provided to the media, public, and all stakeholders in an efficient and seasonably procedure. Any variations in management or strategies are to be provided to the parties stated with immediate effect (McCloskey, 2006).An organization should be conscious to ensure that there is no discrimination in the processes of hiring, firing, retention, and promotion. All the staff, volunteers, clients, as well as board members of the organization ought to be accorded, given equal opportunity.While in the process of solicitation, an organization must maintain truthfulness when relating with its donors. The organization must respect all the concerns of donors, with regard to privacy, and only appear funds that are in direct inclination with intents of the donor.The statement of values regarded above is based totally on humanity. Formulation of the principles occurs after incorporation of the process of social imagination. This is whereby one

Health & Safety Management Essay Example | Topics and Well Written Essays - 3500 words

Health & arctic Management - Essay ExampleExamples of chemical guesss include benzene, hydrogen sulphide, etc. Ergonomic hazards arise when in that respect is a mismatch between the task being performed and the human abilities. Examples of ergonomic hazards include lifting or force heavy objects. Physical hazards are forms of energy that can adversely affect the health and safety of an employee by their interaction with the human body. Examples of physical hazards include kerfuffle, radiation, etc. Psychosocial hazards arise by interaction of employees with peers or another(prenominal) people. Examples of psychosocial hazards include stress. Occupational health hazards, such as the ones described above hire chronic effectuate and symptoms frequently take long time to develop or become apparent. Examples of adverse health make arising from such hazards include asbestosis a form or lung cancer that develops from inhalation of asbestos fibres, noise induced hearing loss a pe rmanent form of loss in hearing caused by prolonged movie to noise, repetitive strain injuries a form of musculoskeletal disorders caused by repetition of strenuous work, stress caused by social interaction, or illness caused by E. coli infection. Some health effects, such as asbestosis or noise induced hearing loss take long time to become apparent and are often late for remedial action. Other risks exist in the working environments that have acute effects on the health and safety of employees. These hazards arise from unsafe conditions that exist in the working environment. Examples of such hazards include trips and falls, accidents, etc. Health and Safety Executive (HSE) has reported cases of adverse health effects from virtually every hazard that exists in the working environment. These hazards not only adversely affect the health and safety of employees, but in any case cause lost time to employers and costs in terms of compensation or treatment. Many of these hazards have ca used fatalities and permanent disabilities. Such losses affect the

Critical Analysis - Article will be provided Lab Report

Critical Analysis - Article will be provided - research laboratory Report ExampleWhile shoes has been discussed in mainstream media outlets in programs like Star Trek, it empennage most definitely be said that the only real way to understand space in its true form would be to experience it for ones self by experiencing the wonder of locomotion to it. As Dr. Klein writes, In 1998, at the 44th Annual Meeting of the Florida Philosophical Association, Dr. Roy Weatherford gave his Presidential Address, on the honorable imperative of space travel. Weatherford argued that human lives are intrinsically valuable, (Klein p.8).Dr. Weatherford himself goes on to make claims that most would call truly controversial, even for his day. While some have argued for the need of population control through means of parturition control and such, Dr. Weatherford on the other hand made claims to the extent that not only is it wrong in his view to champion birth control, but that the human race should s trive for maximum reproduction. This sort of financial statement resembles the mindset of human dominance even above all else. One could argue that each instal their stance to be valid and held their own individual ideas in high regard. It is very believable that space exploration would be of such great importance as it came to the advancement of the learning of mankind. As for Dr. Weatherfords argument against the use of birth control, while this is something that has been argued before, in the end appears to have more of a religious undertone to it rather than the potential scientific discoveries and benefits of the initial argument made.Further examination of his argument in this case leads to the conclusion that not only is Dr. Weatherford arguing for the mass production of the human race, but that at that place is encouragement on his part for the idea of mass producing the human race not only as much as possible, but in as many places as possible. Dr. Klein would have to of thought this when he reviewed Dr. Weatherfords statements for his own article. Rather than

What factors influence a teenage mothers choice to breastfeed Essay

What factors influence a teenage yields choice to feed - Essay ExampleThe said information was gathered through library-based qualitative research and then organize and analyzed to answer the research question which is the enumeration and discussion of the factors that influence the choice of teenage mothers to breastfeed.Breastfeeding is organism promoted to the public as the main order in feeding infants. This stooge be attributed to the benefits that bay window be obtained for both the mother and the infant. Although this is considered as a readily available and natural method to use, breastfeeding remains to be unpopular in the United Kingdom. In fact based on studies, only approximately 40 to 60 percent of mothers are breastfeeding (NHS Centre for Reviews and Dissemination, 2000).The need to promote breastfeeding is based on the specific advantages that it can bring about for both the mother and the infant. One is the strengthening of emotional connection between the mothe r and the baby through the contact and the experience itself. Another benefit is based on the essence and definition of motherhood. This is because breastfeeding is an act that can only be done by the mother, thus, it reaffirms the bond. In another view, the mother can be benefited in the sense that breastfeeding can help restore her body shape prior to gestation period which is commonly an important concern for women who undergone the experience of giving birth. Lastly, breastfeeding can be considered as an affordable method to child rearing with the added advantage of being good for the infants health and immune system (Black, Jarman and Simpson, 1998). With the said reasons and benefits, it is a concern that the percentage of mothers utilizing the method is still limited or less than what is expected.In relation to the view of the benefits of breastfeeding, it is deemed important to determine the factors that can affect the

Global market and the isssue of off shore out sourcing Essay

Global market and the isssue of off shore out sourcing - Essay Exampless commentators outlined the 20t century as the United States century, it is possible that the 21st century will now be define as the era of Asian countries, especially India and China. While China is taking its place as the foundings manufacturing powerhouse, India is positioning itself as the global office (Lewin et al, 2011). Together, these two countries suck a huge national market potential with cheap labour and administrations that are implementing policies that are capital friendly, leading many to recall that global markets are at a tipping point.It is evidently seen that Europe and the United States will no longitudinal dominate the global markets that they have dominated in the last century, especially because they will have to argue in a global economy in which they are only responsible for a some inventions (Lewin et al, 2011). The future now requires that all countries embrace off-shoring of bu siness processes across companies, cultures, borders, and disciplines. Those countries that will elect to narrow their focus on nationalism will not be successful in the new era of off-shoring and outsourcing. In addition, those countries that do not geographically diversify their activities (Lewin et al, 2011), while also developing strong international webs of basis will fall short of competing in a market that is becoming increasingly global.Multinational corporations have for years made headlines with regards to skirting of environmental laws that are stringently implemented in industrialized nations by dint of this process of off-shoring (Contractor, 2011). This involves off-shoring low cost and high polluting processes of manufacturing to countries with less stringent environmental laws, while also interchange by-products with unacceptable toxicity, in developed countries, to less developed countries with weak laws. This particular problem, which can also be defined as off -shoring responsibility for environmental destruction is not part of the grand plan for

Contracts Assignment Example | Topics and Well Written Essays - 500 words

Contracts - Assignment ExampleThe appellant proved that Woods did not seek an equivalent collect for her explicit promise. In addition, she did not make any requests for any proceeds from Wood in a trend that would have provided a sense of her consideration, which was vital for the validity of the contract.In light of this, the motor hotel established that even though, Wood failed to create a binding contract by not pursuit the input of the other party, it was naturally implicit for the party to conduct himself in a reasonable manner by delivering half of the proceeds he was to obtain. The primary rationale behind the ruling was that for a contractual term to be deemed as implicit, they must be very clear to validate the contract. This means that in common law, parties to a contract must foster a relationship that beneathcuts formalism of the document sign process.The English case law of Chandler v Webster 1904 1 KB 493 involved frustration in the death penalty of contracts. M r. Webster entered into an agreement with Mr. Chandler, in which the latter party would have an accommodation on a strategic street to witness the Kings installation on June 26 1902. In the initial agreement, the tenant was supposed to pay 141 15s. Mr. Chandler had rented the means on behalf of another party who was not impressed by it besides, the party could not use it repayable to other commitments elsewhere. In light of these changes, Mr. Chandler paid 100 on June 19 and requested Mr. Webster to raise property using part of the room, and promised to settle the shortfall in a letter dated June 10, if any occurred under the new arrangement. The King became unwell prompting the cancellation of the event (McKendrick 730).The High Court ruled that the claimant could not regenerate the 100, and that his letter dated 10th June was clear enough that he would only settle the balance later on the ceremony. The defendant was also disbarred

Creat a company profile Essay Example | Topics and Well Written Essays - 1750 words

Creat a familiarity profile - Essay ExampleThe vigilance of the presidency leave behind try to source quality production resources from reliable and efficient suppliers to maintain the high quality of the mentioned high quality products. The management of the organization will try to provide free home delivery service for the placed night clubs by the customers who used to plosive within the distance of 4 kilometers from the outlets. High product quality and efficient customer service argon the major corporate objectives of fixing Plaza. The organization will try to recruit skilled and efficient employees in order to enhance effective business performance and significant customer service management work. recourse Plaza will try to maintain environmental sustainability by ensuring water recycling and zero square(p) waste. Value added services and high quality fast food products for the customers, employee engagement in strategic finish making process and environmental sust ainability are the major business themes of Hangout Plaza in Dubai. (C) Hangout Plaza is a small family owned Local fast food organization in the joined Arab Emirates headquartered in Dubai. It is true that the business environment in UAE is becoming highly potential as the some(prenominal) multinational and local organizations are trying to target the Dubai market due to several(prenominal) favorable external environmental factors. In addition to this, demand for high quality fast food items is significantly change magnitude among the people of Dubai. Hangout Plaza will try to meet the recent market demand and ask of target customers by ensuring effective quality of fast food products and high quality customer service. The organization is small family owned domestic firm. The organization will incorporate different operational management strategy. scorn the family owned structure, the round top management of the organization will incorporate decentralized decision making proc ess in which the thoughts, views and opinions of the employees that will be considered that can enhance strategy development and decision making process. On the other hand, the organization will try to focus on effective employee motivation in order to enhance the business performance of the organization. The entrepreneur of the organization will try to adopt and implement swimming organizational structure as the organization is a small family owned enterprise (Khanka, 2007). This horizontal organizational structure will help Hangout Plaza to enhance the communication process between the employees and top level management. It is quite classical for the organization to focus on effective human resource management practices as the business environment in Dubai is becoming highly competitive due to presence of several multination leading fast food chains. (D) It is highly meaning(a) for Hangout Plaza to develop an effective recruitment plan to sustain the proposed and developed si ze of the organization. The recruitment plan includes several elements that are provided below. (i) It is highly measurable for Hangout Plaza to consider several important elements in developing a recruitment plan. Elements corresponding employee turnover, new business development, effective workplace environment and culture, and external outcomes can be considered as the important to consider in developing recruitment plan. Employee turnover need to be considered as one of the important element in the decision making p

Karachaganak Petroleum Operating Case Study Example | Topics and Well Written Essays - 4000 words

Karachaganak petroleum Operating - Case Study ExampleThe agreement was signed for a period of 40 years. The draw tune area with respect to KPO B.V., Kazakhstan is it Information Technology equipment. The company is strong in its IT equipment which it uses to run its periodic operations.The unit holds around 1.2 billion tones of oil and condensate and also 1.35 trillion cubic meters of gas. The major favor with the correct is that there is a good amount of income being generated to both the national and topical anaesthetic anaesthetic economies. Addition tout ensembley, the plant is also providing long-term employment to almost 80% people of Kazakhstan. The field covers an area of almost 280 strong kilometers.The Mission Statement of the Procurement surgical incision at KPO B.V. is - to provide cost effective and efficient assist to all in all Company User groups for the procural of goods and services. In providing this service the Department maximizes the practical use of mercenary competitions to achieve the best overall economic solution consistent with the User Departments requirements.The structure of the Procurement Department at KPO B.V. is as follows-Vendor Development and Qualification (VNDQ) - The main objective for the existence of this division is to handle all sorts of issues related to the qualification of vendors and contractors whom it feels are potential for the Approved Vendors List and at the same time direct in developing the local supply sources. -Procurement - The major responsibility of the Procurement department is to manage the activities of procurement that are associated with the field operations. The department is also needed to supervise the wide range of procurement flop from goods to the corporate services. -Contracts - Contracts planning, audit, supervision and all sorts of coordination and administration activities of the major contracts are taken care by this department.-Planning & Reports - This department takes c are of all the planning activities like the budget planning, cost control, the formulation of the Standard Term & Conditions of Contract, business methods and systems and the formulation of Departmental procedures.The main focus of the Vendor Development with respect to the operations of KPO B.V. is to make the local companies involve in the provision of the required goods and services of the company. The requirement may be related to all the departments like Production and Maintenance, Engineering and Projects, Infrastructure and Services, Well Operations in which the company wishes to develop local supplier capability for a long-term relationship.Supply Chain Management - An OverviewThe supply chain feces be described as the network, covering the various stages in the provision of products or services to customers. It includes non only manufacturers and suppliers, but also transporters, warehouses, distributors, retailers, etc.

Summary 3 Essay Example | Topics and Well Written Essays - 250 words

heavyset 3 - Essay ExampleEffectively, this gives the teachers, students, and stakeholders in these systems little faith that conditions will improve.The article represents challenges in schoolhouse districts after a study conducted by The Broad Foundation. The study identified 75 challenges that explain iii phenomena that affect the public schools system. In the first phenomena, the article provides fifteen challenges that explain the reasons why resources failed to reach the classroom. These include, unproductive monitoring of expenses, unnecessary duplication of resources, overspending in construction maintenance, poor communication within the organization, slow central office systems, severe budget cuts, and many other examples.Secondly, the challenges explain the reasons that contribute to teachers harm to receive the support that they required to play their roles effectively. These challenges include the overlook of access to proven interventions for struggling students, practices to set up professionally, challenging curriculum and technology. Conversely, the bar for teaching and learning is also low while teachers also lack adequate information on students progress, and many other challenges.The challenges identify challenges that go forth to explain why policies and procedures failed to allow the school system to pursue its mission. For instance, stagnation of the status quo for adults, inconsistency in orders from above, differences in scientific research in educational disciplines, the lack of strategic plans, and other challenges contributing to this phenomenon.In conclusion, the article identifies the grandeur of transforming the public school system in order to ensure that American students competed with other students academically. Importantly, the article identifies the splendor of collaborative efforts in eliminating these challenges in order to eliminate bureaucracy and enhance the process of

Aviation Security Development Research Paper Example | Topics and Well Written Essays - 1500 words

melodic line Security Development - Research Paper ExampleThe tariff of the acts implementation is shared place among airlines and airports. The airports responsibility is to ensure that only those who keep back authorized access to the airfield can get in. the responsibility of airlines under ASIA is to screen passengers and baggage. Most airlines normally contract the services of private credential companies to carry out the screenings. Under the Airports Security Improvement Act, it is the responsibility of the Federal Aviation Administration (FAA) to regulate the overall activities of airports, security companies and airlines. A shift has occurred on the emphasis and need of aviation security as a re agencyee to emerging incidences in the recent past (Elias, 2009). ASIA was passed into law in an effort to accelerate the development of an in force(p) Explosive Detection System ( explosive detection system) as a means of enhancing security in airports and airlines. Accordin g to outlay and Forrest (2008, p14), the Security Act also required FAA to certify the EDS that could alone or as part of an integrated system detect under realistic air carrier operating conditions the amounts, configurations, and types of explosives which would be potential to be used to cause catastrophic damage to commercial aircraft. This means that the EDS that were certified had to have mechanisms that could detect the slightest portions of explosives in passengers and their luggage. Explosive Detecting Systems (EDS) Explosive Detection Systems are machines that have been design to run low like MRIs. EDS machines are used to analyze the contents of passengers bags before they board an airplane. The explosion of the genus Pan Am flight in Scotland could have been avoided had there been stiff explosives detection mechanisms in place at the airport. The explosion was caused by a minimal amount of semtex which is highly explosive plastic. The semtex was well hidden in a casset te recorder that had been packed in a travel suitcase. After this incident, all airlines were required to bargain for advanced machines that could detect explosives (Price and Forrest, 2008). The best at this time was the Thermal Neutron Analysis (TNA) machine which was not effective enough to detect certain levels of explosives such as the one that caused the Pan Am flight to crush. another(prenominal) problem of TNA machines was that they were quite expensive, cumbersome and too heavy. The ineffectiveness of these machines is what led to the development of explosive detection systems. EDS machines work by blowing or wiping a piece of cloth over a passenger or baggage in order to detect the smallest amounts of explosive residue (National Security Council, 1996). The use of EDS has been authorize for the following reasons To increase the resistance of aircraft to bomb blasts. EDS machines have the ability to detect very spot amounts of explosive residues, even when they are very well hidden. Since most bombs are made using explosive materials, EDS can be used to detect and find them before they can make their sort into aircrafts (General Accounting Office, 1994). The use of EDS is also approved a means of ensuring maximum security at airports. These systems are very effective in the detection of explosive material that can cause a security nightmare in airports and aircrafts (Elias, 2009). By making use of the detection machines, would be terrorists and other great deal with ill intentions will think twice before bringing anything that is considered insecure in

Analysis Cases In Arbitration Research Paper Example | Topics and Well Written Essays - 3250 words

Analysis Cases In Arbitration - Research Paper ExampleThe U.S. Court of Appeals had declined to measure the decision made by the en banc on February 1, 2012, in the case of Italian Colors eating place v. AET Related Services Co. Owing to this reason, the Supreme Court of the US is quite likely to be call for to revisit the issue related to class action waivers in the arbitration agreement by the US Court of Appeals. The dispute arose because of the fact that the Second Circuit denied offering an en banc rehearing. The chief judge, as intimately as four other judges, asserted that the case must be reheard which led to splits among the judges grounded on the protest that the Ninth Circuit was not being followed. In Italian Colors, it can be sight that the Second Circuit panel did not impose the class action waiver in telling to AE arbitration agreement considering that it would prevent the claimant from impeaching its federal antitrust claims. In the complaint, the Plaintiff clai med that the merchant contract disobeyed the SA. The merchant contract comprised of the arbitration provision that needed all claims that arose from agreement to be decided by substance of arbitration. The SC on remand will face the concern of whether class-action waivers in case of arbitration agreements argon unconscionable just because they prevent disputes from being resolved by ways of class proceedings. In an frame list that was published within a week after the decision, it was found that the Supreme Court provided a writ of certiorari and thus evacuated and remanded the case of AE v. ICR.merican Express v. Italian Colors Restaurant. The court further coherent the Second Circuit to reassess its decision in relation to the unenforceability of class-action waiver in light of the Stolt-Nielsen touch (Consumer Financial Service Group, Second Circuit Splits with Ninth Circuit on Enforcement of Class Action

Poverty in America Essay Example | Topics and Well Written Essays - 750 words

pauperisation in America - Essay ExampleIn addition to the system, racial discrimination has always compete a major role in determining individuals allowed to hold a certain value of property. This has unnatural the economic state of certain races, as they are unable to have equal opportunities as early(a) fellow citizens. However, it is worth mentioning that this has recently taken a different shift, as all races are direct being embraced by the state.The ethical issue involved is that the system favors the economically strong personalities in the US community, yet the country strives for evenness among citizens (Davis, 1991). It is extremely unethical for the system to confirm the wealthy, yet the ones ( unfortunate) who need the support most are denied.If such a situation continues, the country would face serious consequences. The country may end up being divided into two, the poor and the wealthy (Gordon, 1965). This may eventually cause unrests and mayhap war in the quest to achieve fairness.The most workable solution to the situation faced by the US is by guideing a different type of economical and social system (Iceland, 2006). The country should adopt a system that would treat both the poor and wealthy as equal.Moral principles encourage the interference of every individual as equal. However, this is the opposite in the economic system adopted by the US (Iceland, 2012). The countrys economic system tends to lean in favor of the rich thus making the poorer and thus an unequal member of the society.1. The existence of poverty in the US clearly depicts how the countrys socioeconomic system is unjust. The capitalistic system has made the richer acquire more wealth and left the poor languish more in a dire situation (Kowalski, 2003). Moreover, the unjust social situation of separate races has also tremendously bring ind to the poverty situation experienced in the US.2. It is undoubtedly evident that various reasons contribute to the poor economic state of some citizens in the United States.

Finance Week 6 Essay Example | Topics and Well Written Essays - 250 words

Finance Week 6 - Essay ExampleDebt funding should be monitor lizarded close to ensure that the high societys debt obligations do non adversely affect the cash flow blot of the organization. The use of pecuniary metrics such as the current ratio can help managers monitor their debt position. The current ratio can be used to determine whether a company is in a good position to pay off its short term debt (Besley & Brigham, 2000).The sole use of equity finance affects the weighted average cost of capital composition. A lack of debt implies that 100% of the firms financing was achieved through the sale of common and preferred stocks. The free cash flow return on assets of a company is better whenever a company does not have to make monthly payments of principal and elicit on debt.3. The majority of business owners the Instructor has met do not use any long-term financial planning process for their company. What would you say are the pros and cons of developing and using long-term financial plans for a company?Developing and using a long-term financial plan is critical towards the success of a company. It is not wise to use equity financing as the sole instrument to raise money because offspring too many common stocks dilute its value and it lowers the power of the owners. One of the advantages of the use of debt financing is that it does not give the lender any power over the operations of the company. A con of debt financing is that it imposes a fixed obligation that adversely affects the cash flow of the

Running head for publication goes here Essay Example for Free

Running head for publication goes hither Essay1. Introduction 3 1. 1. Purpose of piece 3 1. 2. Current Situation 3 1. 3. Identified Problems 4 2. Data and Knowledge 5 2. 1. What put ons selective information good? 5 2. 2. How is information created? 5 2. 3. How is information subroutined? 6 2. 4. How dingle utilized information 6 2. 5. How KAR Vehicles Ltd send packing benefit 8 3. Using Systems to Convert Data into selective information 8 3. 1. movement bear upon Systems 8 3. 2. counseling information systems 9 3. 3. Decision Support Systems 9 3. 4. Expert systems 10 4.Conclusion 11 References 12 INFORMATION SYSTEMS 1. Introduction 1. 1. Purpose of Report This paper is to discuss and examine the role of information systems in processing raw info much(prenominal) as statistics, sales anatomy and demographic information, into serviceable and priceless knowledge which bed be apply to support stopping point-making at heart an organization. focalisation will be p laced on a case study of Kar Vehicle Hire Limited, from which valuable real life experience and lessons depose be drawn from. 1. 2. Current Situation.KAR Vehicle Hire Ltd has recently implemented a transaction processing system augured K-VIS which utilizes a infobase containing details of fomites, clients, hire bookings, vehicle accretions and returns, vehicle maintenance schedules, etc, as well as other relevant information. Bookings are done by K-VIS and the assign information such as booking details, admitr details and payment details are entered into and stored in the database. This data entry and updating is done manu every(prenominal)y by the office executive get offor.Other transactions and surgical operations such as the collection of vehicle is also carried out in a similar fashion. With the growing count of information and data available in the new database, the dominance for the use of this information to aid managerial decision-making by unc all overing patt erns or trends, or in other methods, has been discussed. Knowledge invention to support stiff key management decision-making is and wherefore the primary bear on of Kar Vehicle Ltd currently. 1. 3. Identified Problems The main problem here that KAR Vehicle Ltd faces is that of managing data and knowledge creation.Firstly, managing data is a challenging process, because the amount of data expands exponentially over time is collected from many sources, both external and internal and is scattered throughout the organization antithetic carve upes. The introduction of K-VIS has helped to centralize the collection and storage of data in a standardized format and procedure however, KAR Vehicle Ltd has limited experience in transforming data to information, and information to knowledge via a knowledge creation process.This requires data that can be understood by the managers and analysts of KAR Vehicle Ltd easily, be accessible conveniently, and hence be able to analyzed using a vari ety of tools according to their needs to produce information. This information can then be used in conjunction with the experience and personal knowledge of the managers and analysts to create knowledge, which should then be stored in a format that all organizational employees can access and apply, creating a fictile and powerful learning organization.(Rainer, Turban and Potter, pg 96-100, 2006) 2. Data and Knowledge 2. 1. What makes data good? Data is but a collection of raw facts, figures and statistics collected by people and systems, and then stored in various format. By itself, raw data has no real significance and use, but like all raw materials, it has to go through a process to convert it to information about the world, situations and people, which becomes factual statements about the world, which has meaning and can be useful in certain ways.(OBrien, 1994, pg. 19) But before raw data can be born-again to useful information, it has to be good and clean that is, data witho ut errors (Rainer, pg 101, 2006). What makes data clean? Clean data which is error free should be completed, complete, timely, consistent, accessible, relevant and concise. Clean data is of high quality and can be used to generate useful information about linkages and facts about the world. 2. 2.How is information created? Information is data that has been converted into a meaningful and useful context that links various facts together in a race which can be used to form factual statements about the world. It is the result of data that has gone through a cheer added process where it is aggregated, manipulated and organized analyzed and evaluated and finally placed in a decorous context which is suitable for its purpose or designed end user.This value added process, or what we will call data processing, usually occurs in information systems. For example, raw data is entered by the office administrator and front line stuff into K-VIS, which organizes and process the data to form m eaningful relationships, such as a customer demographic data, his sales and records history, a vehicular history and transactions history. 2. 3. How is information used? Information that has real value and is accurate and meaningful is very important to any barter organization.Without timely and accurate information which is relevant, line of credites would not be able to make informed decisions and carry out activities such as risk analysis, cost benefit analysis, demand forecasting and supply chain co-ordination, among other things. For example, dell business model is entirely based on timely and accurate information about orders, demands, suppliers and inventory. Making use of accurate and timely information flows, dingle is able to exploit a fundamental warring compute in its industry to its fullest the value of time. 2. 4.How Dell utilized information Dell use of information technology to gather, process and disseminate information is vital to the success of its business model namely direct sales and build-to-order enabling it to make highly accurate and timely decisions about market forecasting to drive production and inventories. It kept track directly of customers PC inventory, allowing individual business users to order PCs directly quite a than going through a middleman, allowing Dell to build a relationship with customers and making the collection of useful data automated and painless.This data, which was processed into meaningful information, helped Dell to segment its customers into different primary categories. This categorization helps Dell to respond to changes in different customer segments, and make decisions on which customer segment is the most fat to develop and grow, and hence the segment in which to concentrate its visions on, offering highly customized services to gain and backup their business.In short, meaningful information helped tell to make decisions regarding its most profitable customers, and where its resources wou ld be most expeditiously expended on. Dell is also able to minimize part inventories by requiring suppliers to restock parts only as they are needed, and to have available specific components as they are needed to fill an incoming order. This is do possible through very close coordination between Dells sales and manufacturing arm, and between Dell and its suppliers.This is achieved by refining its business processes, developing close relationships with a limited number of key suppliers, all the while making heavy and extensive use of information technology systems to facilitate communication within and outside the company, making this close coordination possible and successful. (Kraemer, Dedrick and Yamashiro, 2000) 2. 5. How KAR Vehicles Ltd can benefit KAR Vehicles Ltd can benefit from the information stored in K-VIS as well in many ways.For example, customer demographic information could be used to shelter closer customer relationships and to keep and retain profitable and valu able customers. In turn, profitable and valuable customers can be identified from their sales records, which can be analyzed to pick put high value and high volume customers. This information can also be used to create customers segments like Dell did, in order to make decisions as to how KAR Vehicles Ltd can distribute their resources most effectually.Furthermore, KAR Vehicles Ltd can also make use of the information gathered in K-VIS to minimize inventory turn over rates, and to maximize resource usage. For example, KAR Vehicle managers could analyze sales history and periods, and then determine where and when car inventories should be kept and contain in order to meet demand. This can help KAR Vehicles to reduce its inventory stock, by making from each one car in its inventory more utilized. 3. Using Systems to Convert Data into Information 3. 1. Transaction Processing Systems.This is what the K-VIS basically is, a system that supports the monitoring, collection, storage and p rocessing of data from the organization business transactions, each of which generates data. The TPS collects data continuously in real time, and are considered critical to the success of any enterprise because they support result operations. It is hence obvious that K-VIS is essential to the continued and efficient operations of KAR Vehicles business operations. 3. 2. Management information systems Management information systems summarize data and prepare reports.These reports are mostly for middle and low level managers, and concern a specific functional area. K-VIS is also a management information system, as we can take that K-VIS is used by the office administrator to print out multipart forms or VIF. 5 forms for all collections repayable for a particular day. These forms are then used for business transactions as appropriate, and also used to update K-VIS with any new information or details. 3. 3. Decision Support Systems Decision support systems deliver the goods computer- based support for complex, non-routine decisions, for both managers and knowledge workers.There are typically two categories of Decision Support Systems job Intelligence Systems and Data Mining Systems. These are usually used in conjunction with a data warehouse and allow users to perform their own data analysis. For example, K-VIS enabled with a decision support system module, could be used to conduct what-of analysis to test the impact of bringing in new inventories of cars, relocation of branch offices, or expanding their varieties of cars offered. 3. 4. Expert systems Simply put, expert systems can be thought of as a collection of rules as defined by an expert.These rules can then be used as information processors whose applications steer highly specialized and restricted areas of expert human knowledge, as stated by Murray and Murray (1988, pp. 3). The potential benefits of expert systems are enormous, and their applications highly flexible. Watkins and Eliot (1993) identify some of the benefits of integration between expert systems and computer-based information systems (CBIS) as o Improving the operations and maintenance of the database o Improving sensitive analysis o performing as a tutor o Making applications more useful and intelligent o cut maintenance costs.o Refining the query system This is the area in which KAR Vehicles Ltd should focus on, as it automates decision making support for managers, and can help KAR Vehicles Ltd to identify and exploit any strategic or competitive advantage available in their industry. 4. Conclusion In today highly competitive and complex business environment, the capability to collect data, process it into useful and meaningful information, and then utilize this information in efficient ways to create knowledge or a competitive advantage, is essential towards prosperity and even extract in the business climate.Information systems are indispensable when it comes to this tasks, and there are a wide area and vari ety of information systems, all of which can be integrated, to collect data, process data into meaningful information, and then make use of this information to support the decision making process used by the managers of KAR Vehicles Ltd. In doing so, competitive and strategic advantage can be potentially identified and achieved, and greater operational talent will result as well.References Kraemer, Kenneth L. , Dedrick, Jason. , and Yamashiro, Sandra., 2000, Refining and Extending the caper Model With Information TechnologyDell electronic computer Corporation, The Information Society, 2000 Murray, Jerome T. , and Murray, Marilyn J. , 1988, Expert Systems in Data Processing, A Professionals Guide, McGraw-Hill OBrien, pile A. , 1994, Introduction to Information Systems, Richard D. Irwin, Inc Rainer, Kelly. , Turban, Efraim. , and Potter, Richard. 2006, Introduction to Information Systems, John Wiley and Sons Watkins, Paul R. and Eliot, Lance B. , 1993, Expert Systems in Business a nd Finance, John Wiley and Sons.

Factors of Chinese Art Market Essay Example for Free

Factors of Chinese Art Market EssayThe Chinese possess the longest free burning cultural history of any of the multitudes of the world (Sickman. L, 1968). In recent years, pushed by the huge economic appendage in Asia, the bewitching wile market place rise sharply within Asia, especially mainland China, changed the geographical social organisation of the global invention market. The Chinese government set up whatsoever(prenominal) preferential policies to promote the okay cunning market because they see the great economic potential in this flied. In 2011, China has a 49% growth of art whole kit and caboodle in auction revenue, change state the first global marketplace for the sale of art. Although the accomplishment volume of China (10.8%) was behind USA and France, the auction revenue (41.4%) was the first of the world (Art footing, Trend of art market 2011) . This means China is becoming the central of lavishly price fine art market. In 2011, a painting with ca lligraphy which was painted by Qi Baishi, Eagle Standing on pine away Tree Four-Character Couplet was sold for 4.255 yuan( about 65 million US dollars) in Beijing by China Guardian auction company, a record high for contemporary and modern Chinese paintings and calligraphy(China Guardian Auctions).As Chinese fine art market growing quickly in last few years, more and more researches and studies experience been done by both Chinese and other foreign people, this essay impart focus on somewhat factors behind the market and analysis how the factors influence the Chinese fine art market. And the analysis can be dividing into four sections, cultures, history events and policies, buyers and marketing channels.First of all, this essay is going to materialize out the difference between the western countries people and the Chinese people in culture of salt away aspect and work of art aspect. There is some strong culture which is really to be changed in any country and this will compl etely change the way people treat art works in a country. Just because people treat art works differently, every countrys fine art market culture is unique, and this can influence the market automatically. For example when Chinese people selling ancients, they always leave a large gap between the quote and the deal price to wait buyers to bargain because Chinese people believe buyers will feel happy and they have brought the antique in a cheaper price.Secondly, history events and policies linkage to the Chinese fine art market will be mentioned. Through the history events (such as the reform and open up in 1978 and joining the WTO in 2001) and policies (like importingee and export trading policies) to analysis how these events and changes influence the Chinese fine art market. A cultural repatriation has been in the spotlight a great deal from 2000, with the sale of the Yuan Ming Yuan bronze fountainheads, then the Chinese government has attach more importance to the fine art trad e after it(Wang. A, 2012).Actually, modern Chinese fine art market starts after the reform and open up in 1978 and directly becoming the first place of the marketplace for the sale of art. Also according the Tariff implementation plan 2012 of China, the import duty of art work decreased from 12% to 6% (General Administration of customs duty of the Peoples Republic of China), this promoted the fine art market, in the first half of 2012, the trading amounts reach 210.8 billion Yuan (Ministry of Culture of the Peoples Republic of China), which means China has been overtaken the USA, becoming the top art market.Then, this topic will explore different kinds of buyers and find out their purchasing intention. In this section, it will be a case study about the different buyers by having an interview with an antiquary and a staff of an worldwide auction company. Antique buyers have different purchasing intention some of them are shop holders or agencies buying art works for selling, some of them are art fanciers buying art works for collecting, some of them buying art work as investment, and there are some people just wishing to show their social status or financial position through buying expensive art works. Through the interview, more purchasing intention will carry out so that it will be more clear that how different buyers can influence the fine art market all somewhat the world differently.The last section of this essay will talk about the marketing channels aspect. Chinese antiques can be seen in auction houses, trade fairs, art galleries, fine art shops all close to the world(Artprice, Trend of art market 2011), People come together to appreciate or buy antiques. Furthermore, some private trade happens a lot without noticed by the mass. Different marketing channels have its own characteristics and price levels so that it could attract its own target audience.Although the market of Chinese antiques is growing in a very high promote, some scholars still h ave some issues to worry. As Audrey Wang mentioned (2012), some speculators believed that Chinese art market is an indomitable force and become the first place in volumes of sale of fine art. On the other hand, sceptics claim that the current trend as merely a bubble and todays China is not ready yet to experience a full economic steering wheel of growth and decline.When a group of Chinese curio dealer visit the 25th of TEFAF which hold in the Nederland, they were not only shocked by the fine art works quality and authenticity, alone also the sellers integrity and normative. When they ask for some background and information about an antique, the marketer just read from the testimonial but not making an attractive story. The Chinese fine art market is still not mature because more standard rules or policies are needed.Lastly, the high speed growth of the Chinese fine art market might cause some mislead about the art. Quite a lot of people will regard high price as high quality in the fine art market, this is completely a misunderstanding for the art works. Therefore some scholars argue that the great growth could destroy the culture and art, this will be also discussed in this essay.BibliographySickman, L (1968) The Art and Architecture of China, Yale University Press, LondonWang, A (2012) Chinese Antiquities, an introduction to the art market, Lund Humphries, Surrey.TEFAFhttps//www.tefaf.com/Artprice, Trend of art market 2011http//imgpublic.artprice.com/pdf/trends2011_en.pdf(2013-01-07)China Guardian Auctionshttp//english.cguardian.com/(2013-01-07)Ministry of Culture of the Peoples Republic of Chinahttp//www.chinaculture.org/index.html(2013-01-07)General Administration of Customs of the Peoples Republic of China http//english.customs.gov.cn/tabid/47800/Default.aspx(2013-01-07)

Faith and Hope in Business Essay Example for Free

Faith and foretaste in Business EssayFaith in pipeline is having trust and confidence in whatsoever you set out to do, regardless of circumstances or condition, such as economic recession or an entitys ability to continue as a going concern. Faith in business is some stubborn points of reference for business leaders to stay ethically and professionally. Faith in business is like a compass for many CEOs. For Ford Motor Company, Episcopalian is the compass for Henry Ford. For Whole Food, Buddhism is the compass for bath Mackey. Hope in business is the belief that things will get better, whether the financial data or certainty indicates it will or not. Hope in business is like a road in the public there was never a road, but when many people walk on it, the road comes into existence. The difference between faith and consent in business is that hope always looks to the future, while faith is now. Moreover, hope is a subset of faith. Entrepreneurs must commit hope to have fa ith, but they dont have to have faith to have hope.Faith always inspired entrepreneurs to do fearless action, but hope doesnt do that. Faithful business does not always aim at profit one of the nearly typical examples of this is Chick-fil-A, a company that has been well known for operating on Christian principles and values. To honor the biblical teaching to rest on the Sabbath, Chick-fil-A always closes on Sun geezerhood, thus forgoing one of the highest revenue days of the week for the restaurant industry.Another typical example of faith in business is the operation of the Grameen chamfer Project, which object was to extend banking facilities to poor locals in rural Bangladesh. On the other hand, hope in business can be just simply that entrepreneurs hope their entities could make an acquisition in the future, such as Google hope to acquire Linux and replace Chrome OS to have their own official OS but for PCs and combine it with all the Features and Design of Chrome OS to beco me more powerful than ever.

If One Is Truly Serious About Achieving Essay Example for Free

If One Is Truly Serious About Achieving EssayIf adept is truly serious round achieving the ultimate goal of human life by perfecting his spiritual inquiry, he must adopt a life style that is conducive to the cultivation of self-realizing knowledge. This life style can be beautifully summarized in the phrase saucer-eyed living and high thinking. Here simple living is in relation to precaution of the body, and high thinking is in relation to the aim of ones intellectual pursuits. In order to exist in this world it is necessary to maintain ones tangible human race, but as ordain be shown in by and by lessons, criminal maintenance of the body is not progress towards the goal of life. Maintenance just allows one to perform the action of existing in a particular body, which does not denote any accomplishment of a goal. This maintenance of the body involving mainly our activities of eating, pa handlinging, mating and defending is not in itself any great feat probability achi evement. Even the animals are engaging in these activities of bodily maintenance.The cows also eat, the birds also mate, the hogs also sleep and the dogs also defend. Simply engaging in these activities of maintenance does not actually make one human. For this reason, one who is interested in achieving the real, permanent goal of life does not focus solely on these activities of bodily maintenance, but he rather focuses primarily on the path of perfection. This is why he adopts the process of simple living.The basic principle of simple living is accepting whatever is necessary for maintaining the body, so that we can use the energized body for higher philosophical pursuits directed towards our pure self identity. One only accepts that which is necessary for existence and does not take anything that is an unnecessary complication to life. In this way, by the process of living simply, one will be able to, if properly directed, arrive at the point of high thinking, the actual human ess ence. What precisely is the meaning of high thinking? High thinking entils the continues.

Affirmative Action Essay Example for Free

favour fit run EssayIn the past, minority rights such as racial equality were limited receivable to melt and gender discrimination. Minority advocates such as Martin Luther King, junior strived for this fag endonic necessity of equality. In Martin Luther King, Jr. s speech, I Have A Dream, he states I keep a ideate that my future little children depart one day live in a nation where they provide not be judged by the color of their skin, merely by the content of their character. His dream of racial equality has become a reality, but only to an extent. The statistics mentioned in all of the research or surveys do not signify the preaching any of the group receives within the society. There be miscellaneous factors that affect hearty life of populate and on that point can be other ways to win ethnic regeneration in the society. People receiving benefits of the assentient actions develop different mind sets. They atomic number 18 perceive differently and some kinds of stereotypes are developed for them. These are some of the negative and identified consequences of the affirmative program. These programs train become more political issue than a solution of social problem.The using up of approbative save to promote racial and gender equality apply negative consequences in our society. approving fulfil was judge to be the solution to correct the unfair radiation patterns of the past that has continued in the mindsets of people. Affirmative natural action is the practice of giving preference to racial minorities, people with disabilities or women in the statement or profession. This practice was to get minority groups and women into institutions and professions that had been dominated by Caucasian males. The use of Affirmative Action has impacted our studyal institutions.Proponents of Affirmative Action insist that the use of this practice is advantageous for students. Supporters of Affirmative Action dismiss the negative eff ect of this initiative. Yet, Affirmative Action in higher(prenominal)(prenominal) education has created problems such as reverse discrimination and social stigmatism in our learning institutions. My family and I moved to the United States fifteen years ago hoping to have a conk out life. Most Asian parents moved here so their kids can have a better education and better future, my parents were no different.The experience as a minority student has not been handsome for me. In fact I enjoyed it to a certain extent, where I had been treated specially. However, sooner I completed the other aspects of being minority. Why does every minority student corresponding to have this manipulation? I personally disliked this type of treatment due to various reasons. One of these reasons is that I do not wish to be labeled as an Affirmative Action recipient. I think I am capable enough to pose through the pharmacy school. I would require funding and would move over for the loans and scholars hips.If I ever made it into pharmacy school, I definitely do not want my classmates and professors to think that I used the Affirmative Action policies to get into the program. However in the usher scenario, it seems to be impossible. People will think I am one of the recipients even if I am not. In a lucifer months, I will be applying to pharmacy school and the Affirmative Action practice will present me with a dilemma. This practice will affect my admission process one way or another. It will offer me, a minority student, some form of preferential treatment in getting into it. only if I am not sure how this is going to help me to deal with the day to day challenges of my educational life. will this help me to kind the mindsets of my classmates to be that I belong to a minority group? Will this change what they think about my background and how they stereotype me with that? I am proud of myself and my background. I do not want to carry the social stigma of being from minority cl ass there. I want to get recognized by what I am, an individual and my character as Martin Luther King told in his speech.Affirmative Action was created to help all students learn to take different dioramapoints into account and to learn to live with people of different races and cultures. However, in my view the purpose of Affirmative Action has been reversed. Instead of promoting minority groups in higher education, Affirmative Action serves as a reverse discrimination tool against male Caucasians. If society can not accept discrimination among minorities, and then there is no excuse for discrimination against male Caucasians. Proponents invoke that Affirmative Action has contributed to the increase of diversity in our public higher education.For example, many children come from families whose primeval language is not English. Language barriers create a stigma for non-English speaking students. Supporters of acknowledge that Affirmative Action helps students overcome difficult ies. However, does this practice make college easier to get in? Many colleges and universities base their admissions on the factors of grades and academics. Through the use of Affirmative Action, it is the individuals background that mostly justifies entrance. Yet, how does a students background justify how well he or she is going to succeed?For example, many students apply to medical schools or pharmacy schools which are highly competitive. Factors such as academic affect how a student is going to be admitted. In cases where schools apply methods of Affirmative Action, minority students who are unlikely to be admitted, are accepted. Affirmative Action has also determined a social stigma on students who benefit from Affirmative Action. Many students who benefit from Affirmative Action may be labeled as unintelligent. This can create a form of stereotyping among minorities which Affirmative Action is trying to eliminate.An example of social stigmatism is shown at North Carolina Coll eges. Many shadowy students state that they were treated like Affirmative Action cases even if they were not. Professors, seeking to help, asked them if they needed tutoring or other assistance, already assuming the Black students lack of qualifications. In some cases, peoples race does not necessarily determine their beliefs on the issue of Affirmative Action. I am one of them. The use of Affirmative Action has been built on historical precedents.Many proponent of Affirmative Action believe that society should repay back to minorities for what they did in the past. Yet, how much should society give back for the mistakes of the past? I do not believe that we should insure for the things we did in history. We can not change what happened in the past. Through proper implementation of cultural and diversity awareness, we can stop the new forms of discrimination that is occurring today. People are less likely to discriminate against separately other if they have a better escorting of the person. I am one of the prospective recipients of the Affirmative Action benefits.I had developed my viewpoints towards this particular aspect on the fanny of my personal experiences and social responses I had received on this particular aspect. I did my own research in order to develop more understanding towards the issue. The objectives of any affirmative programs are as follows 1. To provide equal opportunity in education and employment 2. To increase ethnic diversity in all levels of society 3. To redress perceived disadvantages of racial, ethnic, physically disabled or other minority classes and gender based discriminations.There are various types of affirmative actions taken across the world in order to encourage or promote the equal treatment to all the assorted classes. In most of the countries the affirmative action programs intend to benefit historically single out ethnic minorities, women, disable people, veterans, aboriginal people and others. All the affirmati ve programs have similar objectives. However the major outcomes even after decades of implementing such programs are as follows 1. None of the program across the world has been able to achieve its objectives in the coveted time frame. 2.All the programs had to be extended due to the failure of achieving the desired responses, oppose from the minority groups to terminate the program or raised political interest for the political benefits. 3. The beneficiaries of these programs are majorly from the upper section of the minority groups. Some of the respondents receive the benefits of affirmative programs more than one time in their life. Those people for whom these programs are developed and implemented are left behind and there is no change in their education, social and economic status. Affirmative Action is good in nature but there are still flaws that can be changed.Race should not be the deciding factor if a person gets admitted to a college or university. It has always been the persons socioeconomic status that has been an obstacle to higher education. For example, when a student of high socioeconomic status is raised in a community where education and teacher quality is high, the probability of the student going to succeed is high. Yet, when a poor student is offered outclassed education, it is not because of the student race, it is ones socioeconomic status is an obstacle. Each student should have the same(p) opportunity to have an equal education, no matter what race one is.Therefore, government agencies should stop cogitate on race related issues. They should try to increase the quality of our public schools through proper funding. In doing so, it will allow anyone of any race/gender to succeed in school and life. There are some other ways that can be adopted to ensure social change in the society. A diverse society requires everyone to be treated equally and respectfully. These aspects can not be constrained by adopting these measures for prolonged period. These benefits should be inter think with other aspects of the social life of beneficiary.Those people who really do not have means and measures to afford good education and are eligible for the same should be back up and supported. If it is must to have affirmative program, than it should be addicted once in the lifetime and it should be linked with other aspects of the social life. There should be various opportunities in the social, educational and professional lives of people to act more with diverse backgrounds of people. Churches, religious organizations, social organizations should be encouraged to promote diversification of the society.People should be given equal opportunity and any case of unfair treatment should be handled with strict legal framework. The consequences of mistreatment to anyone on any ground should be taken seriously. The focus of the policy makers should be to encourage the diverse environments and fair treatment at all the levels of the soci ety without providing special benefits to any group but by promoting the respect and fear of consequences of unfair treatments. Sometimes I get these kinds of comments from the people advocating affirmative actions, When you will heart existent situation, you will understand by your own. I might be very young to understand the dept of these actions, but I do believe that majority of people taking these benefits are not the actual people for whom these policies has been developed. In someway, we are repeating the mistakes of the history. Admissions or professional growth on merit basis provides a positive environment to study and grow, where one will not have the feeling that they have been granted something they do not deserve nor some have the feelings that they could not get the opportunity due to the reservations given to the minority class.Affirmative actions gives preference to one on the same ground they were not given opportunities in the past, their historic background. To a certain extent affirmative action can be justify for the physically challenged people as they have to deal with tough and complex living situations than the normal and profound person. Being physically challenged does not make them less capable for certain tasks or abnormal but it increases the complexity of their lives.This is due to the fact that everything from the bus terminal or classes in an institution is designed with the view of a physically normal person. There are constant efforts done in order to make the life easier for physically challenged people. Nevertheless these aspects are not applicable to the people receiving benefits on the basis of their race or gender. Racial and gender equality is a basic necessity that millions of people have been chip for the past decades.Through the use of Affirmative Action, how can we justify this practice if it contradicts what we have been looking for? Martin Luther King, Jr. s perception of society is a reality that is changing . If we continue to endorse the use of Affirmative Action, then we will be going back to our unenlightened ideology of race and gender superiority. To conclude I would like to quotes of actor Jon Stewart, Heres the point youre looking at affirmative action, and youre looking at marijuana. You legalize marijuana, no need for quotas, because really, whos gonna wanna work? Affirmative actions are injuring the scholars and capable people of the recipient groups by stereotyping them to be be to a class of less capable group receiving benefits. It will institutionalize the demerits of the discrimination on any ground. I do not want myself to be in the same stream. As an individual I want to be treated as I am as a person and on the grounds of my eligibility and capabilities in my social and professional group. My background should be the factor for anyone to decide what kind of treatment I should be given.

Privatization in India Essay Example for Free

Privatization in India raiseRam Mohan Visiting Faculty, Finance and Accounting Area Indian Institute of Management Ahmedabad, India Abstract The proposed query is intended to survey the process of privatization in India and assess its dissemble on the Indian economy. The central offspring we will address is the impact of privatization that has taken place so far on profitability and carrying into action of PSUs. Going beyond this, we will attempt to understand what explains the impact of privatization on performance.Is it the use of market king by oligopolistic firms whose pricing power had been constrained under government ownership ? Is performance bought at the spending of labour through extensive layoffs so that what we see is essentially a transfer from workers to shargonholders ? Or are we confusing the impact of privatization with the more generalised impact of deregulation in the economy, which in itself could spur skill ? The research output will comprise the follow ing 1. A survey of the literature on privatization, in particular with respect to less developed countries. 2.A review of the role of the public sector in the Indian economy, and the process of economic liberalization and privatization in India upto this point. 3. Impact of privatization on firm performance. 4. Explanation for the impact of privatization 5. judgment of mechanisms of corporate governance in India. -2- I. Background privatization in theory and practice A great curl of privatization has swept the world in the past two decades, embracing the industrial economies, the transition economies of East atomic number 63 and large parts of the less developed world, and it continues to roll on.It is interesting, however, that its basis in theory was somewhat skew-whiff to start with. Moreover, a sizable enough body of empirical evidence, on which hypotheses about its impact could be tested, became available only several years down the road. So much of the initial impetus to privatization entailed a leap in faith, and, as happens all too often in the development of knowledge, attempts to explain its impact have followed on the heels of widespread existing practice.

The Characteristics and Development of RFID - Radio frequency identification Essay Example for Free

The Characteristics and Development of RFID communicate oftenness identification EssayWal-Mart, the world leading retailer, announced it allow for expand its rollout of radio relative frequency identification (RFID) to a total of 300 suppliers by 2006, following meeting with its point vendors. The retailers top speed of light suppliers ask already agreed to implement RFID by January 2005. Wal-Mart plans to have the inventory mother in system of rules, which make give ofs radio frequency technology, in six distribution centers and 250 Wal-Mart stores and Sams Club stores by next June. By October of next year, the program will include up to 13 distribution centers and up to 600 Wal-Mart and Sams Club stores. By the start of 2006, Wal-Marts next top 200 suppliers will begin cut throughging fictitious characterd and pallets, bringing the total to 300 vendors. Radio Frequency realisation (RFID) technology has been in commercial use since the early 1980s. It has been em ployed, for instance, on highway and bridge tolls, in tracking livestock movements, in tracking airfreight and in motorcar manufacturing, but until recently, the technology has been overly expensive and to a fault limited for mass commercial applications.However, retailers are now starting to drive the introduction of RFID and it would seem to have the potential to revolutionize efficiency, effectiveness and gage throughout offer chain. By definition, RFID is a technology crop starts with a tag that is made up of a microchip with an form a magnetic dramatic art when they join with the aerial on the RFID tag (FRiDa. com). Its one of the more or less powerful IT strategic assets in use in retailing industry. According to Michalisim (1997), he pointed out that strategic asset are simultaneously valuable, rare, awry imitable, and nonsubstitutable.RFID technology has been commonly recognized as the key source to enterprise resource management system as well as store management systems and enables retailers to work competitive edges over rivals. RFID is the generic come across for technologies that use radio waves to automatically identify items. There are several methods of identifying items using RFID but or so systems consist of a tag, which is made up of a microchip with a coiled antenna, and an interrogator or reader with an antenna. The reader sends out electromagnetic waves that form a magnetic field when they couple with the antenna on the RFID tag.The tag draws power from the magnetic field and uses it to power the microchips circuits. The chip then modulates the waves that the tag sends butt to the reader and the reader converts the new waves into digital data. The data transmitted by the tag may take into account identification or location details and/or specific information about the product such as price, colour and date of purchase. The tags are very flexible in that microchips measuring less than a third of a millimeter wide can now s tore a wide divagate of unique product information, they can be read from a distance and through a grade of obstacles.RFID technology can also allow some, but not all, the data held on a tag to be read and the tags can be updated after the original data has been loaded. The tags also offer security in that they can be made virtually tamper free. The technology has been too expensive and too limited for widespread mass commercial applications, but as the price of tags, tag readers and the associated equipment continues to fall so a growing number of retailers have begun to explore the introduction of RFID and this in turn seems likely to bring the technology into everyday consumer use. Wal-Mart is making this revolutionary technology (i.e. RFID) a reality in distribution centers today. Its evaluate that Wal-Marts top 100 suppliers must be RFID-ready by January 2005 and the retailer then put its large rump forward in April of this year by launching the first phase of RFID implemen tation at the case and pallet level in Fort Worth marketplace. Apparently, the retailing industry is slowly moving toward a re-engineered supply chain with enhanced efficiencies. RFID represents the most sweeping supply-chain advancement since June 1974, initiated by Wm. Wrigley Company by adopting the worlds first, authorised grocery-store barcode on a pack of chewing gum.Since then, it changes to the way the supply chain operation becomes more efficient. It is patent to note that RFID helps manufactories virtually eliminate manual data entry and manual business process transactions in such ways first and foremost, instal fulfillment speed is dramatically increased second, the order accuracy is improved third, the on-going operating costs of order fulfillment are reduced the performance of warehouse management system investment can be enhanced last but not least, confidential warehouse management costs become visible.Moreover, efficiency gains can be measured in pickax and pu t away errors, acceleration of handling for return and restocking, and elimination of physical counts. In addition, RFID enables manufactories to make the most use of data as it becomes available for real-time demand signals when product moves through the supply chain. Furthermore, RFID contributes to the improvements of data accessibility and quality of which having a positive impact on demand forecast accuracy (Smith Offodile, 2002).Consequently, it helps manufactories to gain real-time visibility into customer purchase decisions throughout the value chain, which prepare firms to react and influence the marketplace. Cited from go up (1996), An inspection of technological changes in terms of supply chain management over the last 20 years has illustrated that there have been tremendous changes in the area of physical distribution or supply chain management systems through global business.Information technology and RFID have changed payables, receivables, and the asset side of inve ntory. Typically, RFID use modern wireless technologies to provide manufactories with unique solutions to difficult logistical tracking of inventory. The technology is largely gasconade in its stability, with open architectures becoming increasingly available.

Panama Canal Essay Example for Free

boatman shtupal EssayThe topic that testament be researched and analyzed in the following essay has to do with the Imperialist Era in the United States. The question is To what extend did the navy man Canal lead to our triumph as Imperialists? The aspects I will be researching are the business relationship of the sailor boy Canal, the problems related to it, and the consequences that lead to our achievement as Imperialists. In general, my method of investigation was a bibliographical research, ground on reading embed in hands and on the internet. As re firsts I used both primary and secondary sources.First, I pass a database article from Texas Digital Library, and secondly I used an IB Diploma Programme Book called autobiography of the Americans published by the Oxford University and written by Y. Berliner, T. Leppard, A. Mamaux, M. D. Rogers and D. Smith. Also, I based my essay on a book from a historiographer called Kenneth C. Davis. The books name is Dont kno w much just about History, and it was a New York Times bestseller. Furthermore, I used an early(a) article by an historian called Sarah Jane Gilbert. The article has the title Panama Canal Troubled History, Astounding Turnaround.The primary source I found was a letter from President Roosevelt to the Senate and House of Repre moveatives that is called Message to Congress later on Returning from the Canal Zone in Panama. The idea for the Panama Canal was very old, almost since Balboa stood on the cliffs of Darien in modern Panama. In circumstance, in 1880 a French group led by Ferdinand de Lesseps put unitedly a company with the capital of thousands of investors to build a canal across the Isthmus of Panama, back thusly still part of Colombia. just corruption, miserable engineering plans and the harsh realities of the Central American jungle with its wet season floods, earthquakes, yellow fever and malaria doomed de Lesseps effort. After thousands of deaths and a little excavatin g, the French company had to abandon the jungle and left all the equipment behind. However, since at that place was some trouble with Cuba, the navy had to be sent from the peaceful Ocean to the Atlantic. The ship took 2 month to finally arrive and fight against Cuba. But that was fetching stylus too long.In 1903, Theodore Roosevelt then decided to give the canal a second chance. After taking the decision of continuing the French canal and not building a new one in Nicaragua, the United States had purchased the rights to build the canal. Nevertheless, the territory also needed to be bought. Since Panama had been under the control of Colombia, the US Secretary of State John Hay negotiated that the US would lease the land for 100 years, pay $10 million for the lease and $250,000 a year for the duration of the lease. But the Colombian government rejected this offer.Since Roosevelt was cognise for his big stick policy, he helped the Panamanians revolutionize and also sent weapons and the US navy blue to Panama. Shortly after the establishment of a new country, the initial offer had been accepted, and after the purchasing of the French equipment for $40 million, the barb could begin. Roosevelt himself wrote to the Senate and House of Representatives, that the Canal was making a good process. He let them know that people there were happy, and that there was a lot of advancement going on.Furthermore, the people in panama would be in truth nice, and that he was welcomed warmly. The historian Sarah Jane Gilbert wrote in an e-mail inter persuasion that the United States used military strength and the threat of military force against Colombia (to detach Panama from Colombia) and against the new Panamanian government (to get a better deal for the Panama Canal). American warships prevented Colombia from responding to Panamas declaration of independence. The new government then appointed the doubt counsel of the French company as their foreign minister (he was not Panamanian and in fact lived in New York).The lawyer drafted a treaty that gave Panama a far lower appoint of the canal revenues than the United States could have received in a fair negotiation. When the new government balked at the treaty, Secretary of State J. Hay warned of grave consequences and threatened to send the naval forces. The Panamanians soon capitulated. When writing an essay based on sources instead of doing an actual research, it is highly important to be critical about the sources one uses. wholeness also has think about their accuracy, because one cannot always trust them a 100%. The first source I will analyze is the letter from Roosevelt.The origin is Roosevelt himself. He sent it to the Senate and House of Representatives. From there it had been interpreted and finally also typed up, so that an electronic version was available for everyone who wants to use or take a look at it. The purpose of the letter was to show them how great everything in Panama was goi ng, and that people were moderately happy. The value is high, because it is from the President himself. But of course, he also wanted to show the Senate and House of Representatives how great everything was, and we can be sure that there are limits in terms of the accuracy.Ear guiler the day it was much easier for politicians to lie about a situation that took place far away from their homes, since nothing could be verified. Since Panama is fixed in the Tropics, the Climate with its rainy season, diseases, mosquitos and wild animals are very unpleasant. From a logic point of view we could say, that Roosevelts letter cannot be completely true at all. The second source I will analyze is the e-mail interview between the historian Sarah Jane Gilbert and the Harvard Business School. The origin is the website of the Harvard Business School.They sent e-mails with questions to the historian, and on that way they could interview her and published her responses. The purpose is to get some i nformation from a historian, who wrote a book about this topic and knows a lot about it. That also means that the value is high, because she is an expert. But as far as limitations are concerned, we cannot be sure that everything she really said had been published. Eventually, some of the information had been rewritten. Also, S. J. Gilbert was not present during the construction process of the Panama Canal.She had to base her answers and her knowledge on separate sources. Those might also be biased. Furthermore, we tend to give some part of an event more aid than we would give others. Thats why we cannot get a completely objective answer from any historian. The Panama Canal helped us very much as Imperialists. On one side, we increased the security because our Navy needs less time to get from one Ocean to the other one, but on the other side their reach is larger since they save fuel. Also, the Panama Canal increased our domainal income by 4%, since other ships also use it.Furthe rmore, our commercial ships can ship their goods at higher rates because they do not have to pass around the Cape Horn. However, we can be sure that all the history and consequences are aspects related to imperialism. The reason of that is because we used military and economic force to irritate an independent nation out of Panama and then used it for our own purposes. If we think about it, that is exactly what Imperialism is about. The seizure of a country or territory by a stronger country is the definition, and it applies to what happened.However, the canal did not directly make us imperialists, but helped us a lot, because we could control the Atlantic Ocean and take control of Caribbean islands. Our Navy controlled a big part of American continent. However, after some time, the canal became so expensive that is was not worth it keeping it under our command, so we gave it to the Panamanians, who control this piece of history at the moment. Due to the compend of several sources, and the interpretation of them, I have found out that the Panama Canal did help us being imperialists.But it also helped us to continue being imperialists and also guard America. The liberation of the Panama and the creation of the Panama Canal were both acts of economic and military imperialism. Without the Panama Canal we would have been in quite some trouble, and also still would be in it today, since even right now it is actively being used by ships standing in rows to pass through it. Even if the most captains of those ships do not know much about the canal, they will always be grateful for the creation of it.

Marketing Metrics for Essex Property Trust Essay Example for Free

merchandise Metrics for Essex Property Trust EssayVia analyzing and discussing the interrelated monetary symmetrys over these three long time, the performance and developing trend of Essex Property Trust Inc. Will be mensural and understood. Moreover, this study illustrates what the two rivals BRE Properties and Brandywine Realty Trusts positioning were in property industry. 1. 3 methodology The companies official website has comprehensive information like histories and backgrounds of caller-up, internal and external environment that influencing line of work running, every peak of monetary data and even critical issues.Therefore, it is the most critical resource. In addition, there be opposite commitful methods such as academic reports, journal articles, books and electronic database that provide theoretical knowledges about each metric. 1. 4 Limitations However this report has some vital limitations because it is based on the financial statements which reflected his torical facts ar open to human accruals, error, interpretation and estimation like refunds accounts and depreciation accounts. In station to attract more than investors, the economic performance can be inflated by intentionally manipulating figures on inancial reports (Dennis, 2010). Furthermore, besides the financial factors in financial reports, other several elements including economic, social, and environment can also play an enterprises financial position.Thus, due to ignorance of other factors, the financial position disclosed by accountants whitethorn be inaccurate. Last still non the least, the financial statement only took quantitative factors into account but fails to disclose information like integrity of management, prestige and reputation of the business with public, customers satisfaction, employees commitment and efficiency, etc. hat also impacts business decision making (Dennis, 2010). 2. Real estate investment hope (REIT) Industry and companys historical ba ckground George M. Marcus as the existent estate entrepreneur make Essex Property Corporation in 1971 and after 23years the company became Essex Property Trust, Inc. when it gained the portfolio of 16 multifamily communities. Essex is a self-managed and self-administered integrated real estate investment trust (REIT) in West Coast of America.In 1960, REITs created by congress is a type of real estate firm that provides opportunities for all Americans to invest in income-producing real estate not just for affluent. The method of this investment is similar to the bonds and stocks investments through mutual funds by many Americans (REIT, 2012). Essex develops, manages and acquires multifamily residential properties in the specific provinces like the San Francisco, Southern California and the Seattle metropolitan area and Essex relates to land and its appreciation on it like offices, apartments and hotels.Essexs Property Portfolio so far Multi-family pic Office pic Retail other unclas sified pic specialisation unclassified pic According to the above table charts published by Essex in March of 2013, there are 166 communities comprising 29,506 apartment units and total approximately 315,900 square feet of four commercial buildings which are located in major(ip) regions of California and Washington under the property portfolio. Besides the existing markets, Essex intended to evaluate some impudently markets by identifying new areas and developing new unconsolidated joint venture projects. . Conceptual framework Marketing metric can be defined as a measuring framework which quantifies a dynamic, trend, or characteristic and also can be used by practitioners in trade monitoring and business planning to explain diagnose causes, phenomena, project the results of future events and share findings in order to justify marketing programs, decide on financial allocations and evaluate their marketing performance (Farris et al. 2010).Its more effective to use a portfolio of metrics because it can assist managers with maintenance of productive focus on markets and customers and identification of weaknesses and strengths in both execution and strategies (Bazley et al. 2004). pic There are seven specific metrics adapt to measure Essex companys performance and analyze competitors positions. According to the above figure, they are return on equity (ROE), earnings ahead Interest, Taxes, Depreciation and Amortization (EBITDA), year-on-year growth revenue, return on investment, arrive atability metrics, efficiency calculations and capital twist ratios.Gross profit margin, net profit margin and cash flow to sales ratio are three critical basic figures that will be used to measure entitys profitability (Bazley et al. 2004). Then, in order to identify companys business efficiency, Return on asset and asset overthrow ratio will be numerated as well. Finally, there are three capital construction ratios including equity ratio, debt ratio and debt equity rati o(Mcdonald and Mouncey, 2009).The most vital reason to choose those metrics is that they can maximize the accuracy of measurement about an entitys heath and estimation on the basis of other data. Moreover, they are also interrelated to each other (Birt et al. 2010). 4. Marketing metrics Briefly, The critical purposes of using following exceptional metrics are judging business performance, evaluating plans, quantifying market opportunities, identifying leverage points for improvement for Essex and recognizing its peers threats for the past three years and predict the trend in near future(Farris et al. 010). 4. 1 Earnings sooner Interest, Taxes, Depreciation and Amortization (EBITDA) As an alternative for a cash-based profit measure, EBITDA can be also defined as the profit ahead interest, taxation and depreciation and amortization expense. Because it excludes financing and tax charge besides asset diminution, its main condition is to measure entitys raw operating earnings compare and analyze profitability between companies (Birt et al. 2010). Figures in US$ and 000 2010 2011 2012 Essex 277,861 338,679 456,888 BRE 228,219 255,066 306,542 Brandywine 370,880 379,556 383,484 Based on the above chart, it apparently illustrates that both of them tried to raise their EBITDA and therefore adjust their operating cost. Among them, Essex had the most dramatic increasing trend in EBITDA by changing amount of US$179,027,000 during three years. 4. 2 Profitability metrics Under this category, there are three basic metrics gross profit margin, net profit margin and cash flow to sales ratio to calculate entitys profit.Gross profit margin refers to the percentage of sales revenue that results in gross profit which measures profitability in selling, producing and buying goods before other expenses are taken into account (Birt et al. 2010). Higher time value means better likelihood of success to divide more satisfactory return to owners and cover more other expenses (Atri ll et al. 2008). Net profit margin reveals the proportion of sales revenue results in profit before interest and tax (Birt et al. 2010).This ratio is the most appropriate measure of profit from trading operations which is before took any costs of servicing long-term finance into account (Atrill et al. 2008). Cash flow to sales ratio reflects a proportion of cash flow from operating activities compared to its net sales revenue can be used to measure an entity ability to convert its sales into cash. Higher value means more expeditious productivity and creditworthiness and indicates the firm has more ability to grow (Business Dictionary, 2012).

The problem of dukkha as outlined in the sermon on the Four Noble Truths Essay Example for Free

The problem of dukkha as depict in the sermon on the four-spot august Truths EssayDukkha is one of the main concepts in Buddhism which in English terms corresponds to pain, dissatisf operateion, deplorable, anguish, discomfort, stress, affliction, sorrow, frustration and anxiety. It is a term derived from certain instances that relates to uneasiness. The teachings about Buddha are based on concrete foundation of truth as is reflected in the Four august Truths. The teachings on the Four impressive Truths are known by all and the beliefs induce a known basis acceptable on mere faith.The Four Noble Truths therefore are state to be fundamental teachings of Buddhism taught as the basic lessons to an single(a) be introduced to such a religion. It is considered as a doctrine which contains way of spirit which pursual assert that it can lead to excruciation. From the Buddhas point of enlightenment, the teachings are said to have strong psychological insight and a cognitiv e methodology. Accordingly, the Four Noble Truths provide that suffering as part of sympathetic action can be eliminated through devotion to such teachings.The interest of Buddha was to show interest in the direct path to true happiness. The Four Noble Truths form part of Buddhas teachings and are said to be noble as they are taught by Noble individuals. The hoi polloi involved in the teachings have strong perceptions about reality and thus understanding such teachings makes one ennobled. Buddha became enlightened about the lowering truth in relation to the nature of liveness after seeing the light under Bodhi tree. The Four Noble Truths allow the noble truth about suffering, origin of suffering, cessation of suffering and way leash to cessation of suffering.The offset printing teaching about the Four Noble Truths clearly indicates that life is characterized by frustration, suffering and dissatisfaction. Dukkha promotes individuals existence with implications on matters aff ecting body and mind. The human body is complex and it is affected by issues such as old age, pain, sickness, war and death. The frustration and pain which is caused by impermanence as individuals struggle with life to be happy and stay a comfortable life. During this time of seeking for comfort, finding pleasure becomes continual hence turning to pain.In other instances, suffering becomes inevitable as much as people live according to Dukkhas teachings. The mind is affected by matters such as failing to learn what one likes in life, staying away from things or people a person likes most or macrocosm in a life situation which is not pleasant. Individuals suffer as a result of despair which is related to lack of satisfaction in life caused by desire. IN this aspect the first homework of the Four Nobel Truths corresponds to reality about human suffering.Second teaching according to Four Nobel Truths relates to origin of suffering which results from engagement of individuals in da y to day activities. Three main unsatisfactory experiences identified as causes of dissatisfactions include craving, aversion and ignorance. In this aspect, craving is a constituent of wanting more or greed. Individuals always are unsatisfied with what they have and hence want to engage in activities that lead to suffering. Aversion in its kin relates to hatred or failure to engage with others hence making an individual suffer.Ignorance is a common grammatical constituent in the lives of many individuals which is attributable to lack of wisdom. Ending of suffering is the third fixings in which graphic symbol life can be without dissatisfactions leading to peace treatyful state. Suffering can be eliminated from the life of individuals as per teachings of Buddhism. Elimination of suffering from human life is a concept that can be eliminated through being devoid of feeling and passion. Buddhism taught about an appropriate approach towards elimination of suffering which involves m ortification and indulgence.Elimination of suffering from an individuals life is therefore achieved through extinguishment of aversion, craving and ignorance. The truth of the path leading to dismiss of suffering is the final concept of the Fourth Nobel Truths. This means a way of life without dissatisfactions which led to peace of mind and happiness. The most important aspect that leads to cessation of suffering is through following of the middle path. This is through with(p) without consideration of subsidence of extreme desire which results to full release of occurrence.According to teachings by Buddha there is the Noble octuple path used as a way of eliminating suffering from individuals life resulting to achievement in ones life. The foundation of Buddhism is rooted in Eightfold path which was first enumerated by Buddha. These provisions are considered s measures towards enlightenment and should be put into consideration to end suffering. The Eightfold path is a practical gui deline that considers ethical and mental organic evolution in human life for purpose of freeing a person from delusions. The principles are classified in three categories which relates to wisdom, ethical demand and mental development.Wisdom constitutes of duty view and salutary intention, Ethical deal is a constituent of right speech, right action and right livelihood. Finally, mental development constitutes of right effort, right mindfulness and right concentration. in good order view is the first principle in Eightfold path which means to see and understand issues in reality as a way of realizing the Four Noble Truth. It is one of the most critical component of wisdom which makes an individual to understand the law in relation to karma and karmic. adept view is attained, enhanced and bear on in all mind capacities.Right intention is another main principle in the category of wisdom which refers to mental energy in control of individuals actions. Basically, right intention i s set forth as commitment to mental and ethical considerations for purpose of self-improvement. Three main types of right intentions recognized by Buddha include intention of renunciation, good will and harmlessness. In the category of ethical conduct there is right speech which clearly reflects the teachings of Buddha in which words can lead to creation of enemies, breaking or preservation of life, and creation of peace or start of war.Right action is another aspect of ethical conduct which involves the entire body as a means of expressing feelings. Buddhas teachings advocate for right action which results to mention of others for the purpose of a peaceful existence. Right livelihood is the other right of ethical conduct whereby an individual is deemed to live a righteous life. Right livelihood should be achieved through proper means which does not harm others. Mental development is the final concept of the Eightfold path which constitutes of first, right effort which is an act of will achieve through mental energy.The energy that fuels envy, desire and aggression can on the other hand promote honesty, kindness and self discipline. Right mindfulness is another principle controlled and perfected by cognition. The main principle of this concept is seeing things as they are through a clear consciousness. Right mindfulness is a concept which creates awareness on the way of individuals thought. Finally, right concentration refers to mental development occurring as a concept of natural consciousness. Right concentration according to Buddhist teachings is achieved through mediation. all in all these rights reflect the main issues underlying individuals life in the concept of suffering. References Hommel, W. (2007) Budha and the Four Noble Truths Dukkha, Rising of Dukkha, nirvana and the Path Leading to Nirvana. Retrieved on 25th July 2010 from http//buddhismtaoism. suite101. com/article. cfm/main_buddhist_concepts Hommel, W. (2007) Budha and the Four Noble Truth s Dukkha, Rising of Dukkha, Nirvana and the Path Leading to Nirvana. Retrieved on 25th July 2010 from http//buddhismtaoism. suite101. com/article. cfm/main_buddhist_concepts