Introdution To Management Case Study Example | Topics and Well Written Essays - 2500 words

Introdution To Management - Case Study Example d with a business opting for operating from another location; more often these include low cost, higher quality, lower risk, lower employee turnover, higher profits, to bring about a change in the way business is done, etc. The parent company’s goals can be varied, and accordingly the goals and objectives of outsourced company are laid (Bangeman, 2005). Exactly for these reasons, Gail Lee, the managing director of Melbourne’s fashion retailer, Leethal Fashion Accessories, offshored some of its business to India; this included creation of ready-to-wear garments based on Australian designs that were sent by Leethal Fashion Accessories and also imported jewelry to be sold in local departmental stores. Besides the reasons for this business offshoring, LFA had to face some issues with respect to receiving the completed products on time due to delay in transport. Other issues were caused due to language and cultural barriers, which sometimes lead to misinterpretations and misunderstanding in the business dealing. These issues lower the confidence of Australian entrepreneurs in Indian business systems; yet, the huge difference in labour costs tends to outweigh losses caused by other issues (Hatch, 2006). Indian economy is diverse, and ranges from traditional village farming to modern manufacturing and services. The contribution of services sector is said to be the maximum to the growth of India’s economy, which indicates availability of surplus labour. Statistics indicate that major portion of the services is provided by the English-speaking educated people in the field of Information Technology in the form of software services export (Rushton & Walker, 2007). Another major contributor to the economy is the small-scale industry segment which plays a pivotal role in employment generation with low capital investment. Estimates indicate that over 18 million people are employed in this industrial segment (John, M.S, 2002). Cottage industries are mostly run by

The Marketing Strategy Of Apple Inc And Its Effectiveness

The Marketing Strategy Of Apple Inc And Its Effectiveness After reviewing the list of available topics for the 2012 Oxford Brookes Research and Analysis Project, I was most drawn to the topic A review of the Marketing Strategy of an organisation and its success because this relationship between the marketing strategy and organisational success is an area of high interest to me. I believe that undertaking this project will expose me to the real life interplay of the marketing models in the implementation of the business strategy of an organisation and help me to understand how a good marketing strategy can result in the success or otherwise of an organisations business strategy. Being much aware of how between 1995 and 1997 Apple Incorporated (then Apple Computers Incorporated) almost went bankrupt with $1 billion in backorders (California Digital Library, 1998); I believe that Apple Incorporated will be a fit candidate for this project analysis to show how an effective marketing strategy turned a failing company into the most valuable corporate body in share prices in under a decade (BBC UK, 2012). 1.2 Brief historic overview of Apple Inc. and its development: Apple Inc. wholly-owned subsidiary involved in the design, manufacture and marketing of mobile communication devices, computers and portable digital devices, including related software solutions and peripherals. Apple was established in 1976 by Steve Jobs and Steve Wozniak and Incorporated on January 3, 1977 in Cupertino, California (California Digital Library, 1998). Initially a success, infighting and a power struggle between founder Jobs and CEO John Sculley on which products to develop and market led to Jobs resigning from Apple in 1985 (California Digital Library, 1998). Misguided product development, poor research into consumer products and a failure to understand consumer needs led to a fall in market share, profits and faced near bankruptcy in 1996 after huge losses and unfulfilled backorders (California Digital Library, 1998). A restructuring of products and a strategic partnership with Microsoft to invest $150 Million in non-voting Apple shares and making available Office, Internet and development tools on Apples Macintosh computers, helped keep Apple afloat (CNET News, 1997). Apple currently is a market leader in the Mobile Computing industry with a much diversified range of products; including the iPod, iPhone, iPad, Macintosh Computers. 1.3 Project Objectives: The objectives I aim to achieve by undertaking this project work include: To understand how the ANSOFF and Marketing Mix models are applied to the market/product relationship and the overall development of a marketing strategy for an organisation. To review the marketing strategy of Apple using the ANSOFF and Marketing Mix models and access how the market/ products of Apple are developed effectively marketed to their consumer base. To access the contribution(s) that the application of these models by Apple Incorporated has made to their financial performance. This assessment will include: The contribution to net sales from their main market products. Access the effectiveness of their marketing costs to net sales. 1.4 Overall Research Approach The research is centred on the analysis and review of the marketing strategy of Apple Incorporated by evaluating their product development and marketing strategies from the ANSOFF and Marketing Mix models. The research approach which will enable me meet the outlined objectives will include a mix of theoretical models and making inductive conclusions from their practical application by Apple. Deductive assessment from qualitative and quantitative contributions to the success of Apple by their applications of the functions of these models will be made from the financial statements of Apple and from Industry and Media publications. Chapter 2 Information Gathering In this research and analysis project there were mainly two sources of information I considered; primary and secondary. 2.1 Sources of Information Primary Sources Primary sources are the first hand information gathered by the researcher directly in the research field from his subjects and are usually in their crude form (Yale University, 2008). Methods for obtaining primary data include: Questionnaires and Oral Interviews I will not make use of the primary data sources due to constraints including: Financial constraints, time limit, subject location and the non-response of the subject to my request for information. Secondary Sources Secondary sources of information are that which is available to a researcher as a result of other research work or publications in a relevant field; this necessarily will not mean similar or same research objectives; but does make the relevant fact and data available to a secondary researcher (University of Illinois, 2011). Sources of secondary data include Industry related and media publications, Textbooks, Financial reports, etc. I will make use of secondary data sources as they were more convenient to the constraints I faced. My sources of secondary data included: Industry and Media Publications: I will make use of publications and tools from experts in the computing industry including reports from C.Net, Web Archives Organisation and The Car Phone Warehouse. References will also be made to major events and activities of the Apple in media and news publications and some of which include the Financial Times, The Guardian, The New York Times, The BBC and CNN. This enabled me to access independent views on the success or otherwise of Apples marketing strategy. Library research: During the research I frequented my local library in Leyton, the library of the London School of Economics (LSE) and the Library of the London School of Business and Finance. This facilitated me on my understanding of the ANSOFF and Marketing Mix models and their theoretical development. Electronic Research: I also made use of the internet to gather the majority of information I needed to analyse the history, development and current strategic position of Apple Incorporated, to which the website of the SEC, www.sec.gov, provided me with financial publications and reports. I also found information on the prices of relevant competitive products including the Samsung, HTC and VIM (Black Berry) from industry participants like the Car Phone Warehouse, www.carphonewarehouse.com. 2.3 Ethical Considerations of the Project: As an ACCA student and having written the Ethics and corporate governance module I do understand clearly the ethical situations that can arise from analysing an organisations strategies. I have as such made no attempt to obtain or disclose any top level information or data that might jeopardise the long term strategic position of my subject of study: Apple Incorporated. All the information that I will use in my analysis are publicly available from Apples financial reports and from various other industry and media outlets. References will be made to these media outlets, news events and such relevant information in the financial statements of Apple and all such sources will be disclosed as due and correctly attributed to. To the best of my knowledge neither myself nor any close relative hold any form of financial instrument, shares or stock in Apple or any competitor in the mobile electronics industry and as such I do not seek to profit from this research for any effects it might have on such instruments. 2.4 Theoretical base and definition of Models The ANSOFF Model developed by H. Ansoff (Johnson et al 2005) is a product/market growth matrix that allows an organisation to generate alternative directions for its strategic development. Alternative strategic directions are options of products and market coverage that are available to an organisation taking into account their strategic capability and the expectations of stakeholders (Johnson et al, 2005). Protect / Build Product Development Consolidation With existing capabilities Market Penetration Beyond current expectations With new capabilities Market Development Diversification New segments With existing capabilities New territories With new capabilities New uses with new capabilities Beyond current expectations Beyond current expectations Source: H. Ansoff (1988) as cited by Johnson et al (2005). An organisation typically starts from the position of building or protecting their market presence with its existing products in their existing market (Box 1). The organisation then has the choice of pushing further the same product in that very market or moving to developing new products in that market (Box 2). The organisation can also bring their existing products into new markets (Box 3) and finally the last and most radical option of diversifying into a new market with a new product (Box 4). (Box 1) Protect / Build: According to Johnson et al (2005) this involves consolidating and strengthening their current market status with their current products. This may require just increasing the efficiency of their processes by downsizing some activities. This approach is much preferred stagnant markets and requires much competitive advantage or edge to win over customers from competitors. Box 2 Product Development: A business resides in an environment and changes in that environment will demand new products or services at the expense of an established product. An organisation then delivers these modified or new products to existing markets. Product development is most utilised by industries with short product life cycle software and consumer electronics (Johnson et al, 2005). Box 3 Market Development: This is the case where existing products are offered to new markets which may include exploiting into other market segments, developing new users for existing products and advancing on the geographical stage both nationally and internationally. In all cases, it is prudential that market development strategies are based on products or services that meet the critical success factors of the intended new market. As simply on offloading traditional products or services into new markets are likely to fail. Market development also requires a degree of product and capability development (Johnson et al, 2005). Box 4 Diversification: This is a strategy that removes an organisation away from their current markets and products; that is their established comfort zone of domination as one may put it (Johnson et al, 2005). Diversification increases the market power that the head office must oversee and may be in response to a market decline, an attempt to spread risk or as a corporate response to the expectations of powerful stakeholders. Diversification can be understood in two ways; Related and Unrelated. Related diversification is seen as a strategic development beyond current products and markets; but within the capabilities or value network of the organisation. Unrelated diversification has to do with developing beyond the current capabilities or current value system and this is often referred to as conglomerate strategy (Johnson et al, 2005). An organisation can make a choice as to which of the function(s) of the model to apply in its strategic options. When this option has been made an organisation then has to develop a marketing approach to gain the advantage over their competitors. Marketing Model (Marketing Mix): Marketing is the management process responsible for identifying, anticipating and satisfying customer requirements profitably; it is widely used as a concept or a process and to cover a series of techniques (CIM, 2012). Marketing strategy therefore reflects a companys best options as to how it can most profitably apply its skills and resources to the chosen product and segment market Consumers have needs and wants, and are placed into segments based on those needs, but understanding the nature of customers and their needs is only just but the first step in implementing a business strategy. An organisation needs to communicate to the consumer why their product fulfils these needs and the tools used in this communication form the basis of the marketing mix model; being the Product, Price, Place and Promotion, also known as the 4Ps. The 4 Ps model was developed by McCarthy (Kotler et al, 2008) but modern scholars have identified 3 more Ps, People, Processes and Physical evidence that are more at play in the service sector, Booms and Bitner in (1981), as cited by Brassington and Pettit (2006). Product: This is what the customer receives from the organisation or manufacturer; totality of goods and services that the company offers the target market. (Kotler et al, 2008:49). A product goes beyond just the item sold, and is not only what to make, but how, when and its life span of feasible production. In marketing terms a product is split between the actual product and the augmented product. The actual product in its simple terms must satisfy the basic needs of the customer; and thus can be termed as the threshold product. However if an organisation seeks to survive in a changing market, it must provide more than the basic product. Price: The price is the amount of money the customer parts with in order to acquire the product; and may involve more than just the basic and straightforward calculation of costs and expected profit margins of the organisation (Brassington and Pettit, 2006). A common trait with price; regardless of the basis of calculation; is that it must reflect the value the customer holds to the product. This is a customers individual behaviour trait as Brassington and Pettit (2006) noted; and is a judgemental perception of what they are getting for their money, what options their spending power held for them and how much the amount relatively means to them. External factors that affect price include competitors and the general economy. The influence of pricing on the success of the overall marketing mix approach can be established with Bowmans Strategic clock model which shows the link between the perceived value of product, the price and its chances of success. A product that fails to communicate the appreciable value / price ratio to consumers will fail. The Strategic Clock Model, (C. Bowman and D. Faulkner 1997) Brassington and Pettit (2006), notes that within a given economic situation price sends all sorts of messages to the customers; it indicate quality and desirability and in the eyes of competitors it is seen as a challenge as low pricing can indicate a price war and high pricing leaves room for a competitor to undercut. Internal factors that may affect pricing include required return or shareholder expectations, cost of manufacture. Pricing is the most flexible element of the marketing mix but it is also quite a dangerous element to play with (Brassington and Pettit 2006). Place: Once the product and the price have been determined, the customer must be able to purchase the product. This can be directly from the manufacturer or from an intermediary or distributor. There are various modes of distribution in order to transfer the product to the customer; from simple mail order to long and complex distribution chains. Place in the modern era of marketing has also taken the electronic edge and includes the internet and telephone orders. The Place function is not just about the movement and transfer of goods, it is about manipulation, competitive advantage and power of bargain between the consumer and the manufacturer (Brassington and Pettit 2006). Promotion: Product promotion is about communicating to the consumer or customer. An organisation has a product that may be competing with several others to satisfy a customers need. The act of convincing consumers on why an organisations products are the best in fulfilling their need is what promotion is all about. Often seen as the most active and glamorous part of marketing, it does demand a daunting amount of artistic endeavour and can be used to overcome setbacks an organisation may have in the other aspects of the marketing mix. Promotion in totality however contains two main acts: pull promotions that attempt to attract the consumer to purchase the product and push promotions that aim for retailers or intermediaries, encourage them to purchase the product and promote them to their own consumers. Promotion involves not just advertising but also discounts or sales promotions, personal selling, branding and public relations (Brassington and Pettit 2006). People, Processes and Physical Presence: Booms and Bitner (1981), as cited by Brassington and Pettit (2006), added 3 more Ps (People, Processes and Physical Presence) to the initial 4 Ps model to reflect the extra activities in the marketing of services. People reflect the human aspect of rendering a service to a consumer. A customer that feels comfortable with a particular service provider trusts them and has a rapport with them; forms a relationship with that provider that a competitor will find hard to break into. People add value to the service package that goes beyond what the service aims to offer (Brassington and Pettit 2006). Process concerns the live provision and consumption of a service; which is much different to the hidden processes of manufacturing sectors. A service provider has to maintain consistency with the consumer this involves specific quality controls, training, manuals of service, time of service and a professional level of quality (Brassington and Pettit, 2006). Physical Evidence has to do with how an organisation maintains an ambience of their principal locality of rendering services for the consumer. This is a premises from which their service is sold or delivered and includes how appealing it is in terms of maintenance, design and accessibility. This can include the airplane one boards when they book a flight, the room they sleep in when they book a hotel (Brassington and Pettit 2006). 2.5 Limitations of the report This report has limitation due to the constraints it was subject to and the intrinsic limitations of the theoretical models. The unavailability of primary data has restrained this reports view of scope to the secondary data and the financial statements of Apple Incorporated. Constraints that limit the scope and dept of the report also include the number of words which as underlined in the project outline is a maximum of 6,500 words. Time has also been a constraining factor limiting the extent to which the research could be carried out. The location of the study subject, Apple Incorporated has also made it impossible to study the cultural influences and other market factors, apart from marketing strategy, that could and can affect the success. The nature of the theoretical models ANSOFF and the Marketing Mix model restrains their exact application and thus analysing their real life application. These models like all theoretical models may not necessarily be reflected in their totality when applied and certain assumptions need to be made in order to analyse their effectiveness. Chapter 3 3.1 Application of Models and Analysis An assessment of the current marketing strategy of Apple Incorporated using the ANSOFF and 7 Ps Marketing Mix modules will set a point out on what exactly Apple does and how this has been effectively reflected in their success. Outline of ANSOFF Model as Applied By Apple: Market Penetration: Apple from its period of incorporation had been focused on gaining a market share in the computer and I.T industry and although they had a reflection of research into other I.T based products; their main focus was on a limited product spectrum which included the Apple II, Lisa and Later the Macintosh computers (California Digital Library, 1998). They based this market penetration strategy on their style and brand appeal, and sought to grow their market share the more. This clearly fitted into the ANSOFF model function of market penetration and market consolidation strategy. This approach however begun to recede in the 1990s as their strategic competitors Microsoft and IBM outgrew Apples market share with much cheaper and more innovative computers which in addition capitalised on the inability of Apples computers to integrate with other industry standard software and computers (Jim Carlton, 1998). Market Development Function: Apples market spans across the globe and is segmented on a regional and product basis including consumer, business, education, enterprise and government organisations that make use of the power and productivity of Apples products. This market has been developed with focus on product differentiation and enhanced knowledgeable sales persons, which allows the easy conveyance of value of products to consumers (Apple Inc, 2011). Apple is also active in the reseller and third-party locations market including Apple Premium Reseller Program which allow high level integration and support services to their products (Apple Inc, 2011). This high value market development is directly linked to their products which are developed on value, ease of use and integration. Product Development Function: Being involved in the mobile computing industry which is highly characterized by frequent product introductions and rapid technological advances requires strategic application of the product development function of the marketing mix model. iPod: This is a portable digital music player introduced in 2001as a niche product it clearly struck a nerve with a new generation of electronic users. With the traditional PC being regarded as my parents computer or the official business computer, Apple identified a market that desired the portability of an electronic music player and the storage prowess of a computer for that music data. It includes the iPod touch, iPod nano, iPod shuffle and iPod classic all of which work with iTunes and related accessories both Apples and third-party compatibles. Apple sold more than 15 million units in the last three months of 2005 and helping double the quarterly profits of Apple from $255 Million in 2004 to $565 Million in 2005 (BBC UK, 2006). The graph 3.1 shows how this product dominates the mobile music devices industry. Graph 3.1 Source: IDC, 2006 as cited CNN Money, 2006. Apple US Electronics Music Player Market Share iPhone: Developed in early 2007, the iPhone combines a smart mobile phone, an iPod and an internet communications device; as then CEO Steve Jobs put it a widescreen iPod with touch controls, a revolutionary phone and a break through internet communicator (Anthony Imbimbo, 2009). It also includes accessories that allow it to communicate with other Apple products and tools that elaborate on ease of use, value and user friendliness. Within three months Apple had sold 270,000 iPhone devices and generated $5 Million of net revenue for the 3rd quarter of 2007, (Apple Inc, 2007). Graph 3.2 Sources: Apple Incorporated Financial Statements, 2010 2011, Growth in Net iPhone Sales Between 2008 2011. Graph 3.3 Sources: Apple Incorporated Financial Statements, 2010 2011. Percentage Growth Net iPhone Sales to Net Sales 2008 2011. Graph 3.2 and 3.3 above indicate how the iPhone product grew rapidly and its net contributions to sales. Mac: This is the personal computing product which includes desktop and portable computers, related devices and third party hardware products. They are designed to target high end business and professional customers. iPad: In the first quarter of 2012 Apple introduced the iPad which like the iPod touch and iPhone is based on the multi-touch technology, showing how using their existing capabilities Apple develops products to fulfil market needs (Apple Press Info, 2010). Described as a multi-purpose mobile device for browsing the web, reading and various other functions, the market reception of the iPad was so successful that Apple sold 300,000 within the first twenty-four hours of its launch (Ars Technica, 2010). Graph 3.4 shows the accelerated growth of net sales contribution from the iPad product. Graph 3.4 Sources: Apple Incorporated Financial Statements, 2011. Percentage Growth in Net iPad Sales to Net Sales Between 2010 and 2011. This simultaneous implementation of the product and market development functions of the ANSOFF model clearly follows in line with Johnson et al (2005) observation that market development requires a degree of both products development and capability development. Chart 3.5 Sources: Apple Incorporated Financial Statements, 2011, Percentage of Products to Net Sales. Chart 3.5 above shows the net contribution to net sales from the most recent products from Apple Incorporated. iTunes and iCloud: The iTunes offers a tool for organising digital files on apples devices on both Windows and Mac platforms it is integrated into the iTunes Store which allows the rental and purchase of digital products from Apple accredited sellers, including the App Store and iBookstore with one account (Apple Inc, 2011). The iTunes interface provides an integration platform for all devices one may own allowing files to be wireless pushed to all devices (Apple Inc, 2011). Extending on the iTunes digital hub integration, Apple introduced the iCloud in October 2011, which allows consumers to store and share all their files across all Apple devices they own, perform backups and various other functions including managing mail and contacts. This digital hub ideology allows Apple to provide the augmented services that make their products value stand above those of their competitors. Software Products and Computer Technologies: Apple offers a range of computer softwares for education, enterprise and government customers including the Mac OS X, iLife 11, iWork 09, server software and professional application software including Final Cut Pro, Logic Studio etc (Apple Inc, 2011). Apple also builds software for their mobile devices supported by the iOS architecture and offers these augmenting products to enhance the customer use and value of their products. Display Peripheral Products: Apple has a range of peripherals and display devices including the Apple LED Cinema Display, AppleTV and Thunderbold Display, Apple also offers several third-party augmenting devices that add value to their products (Apple Inc, 2011). Diversification Functions: When Apple introduced the iTunes and iTunes Store product they created a completely different product line that strays from their electronics products lines and yet offers more augmented value to their mobile devices. This online music store can be seen as a concentric or related diversification that provided a platform where the music industry could sell its products easily to the rapidly growing market of iPod and iPhone users. This diversification has been so successful that Apples online music store the iTunes overtook the largest music retailers in number of songs sold in 2008, (Apple Press Info, 2008). Source: ArsTechnica 2008, Apple iTunes Store Music Sales by % Volume. A more detailed analysis shows how Apple changed the way consumers purchase music from buying a whole album to allowing selection of a particular track or set of tracks. This lies in related horizontal diversification as Johnson et al (2005) pointed out as activities that are complimentary to the parents core activity network. Apple clearly uses a combination of the ANSOFF product, market development and diversification functions to effectively contribute to its success as a mobile I.T manufacturer. Application of the 7P Marketing Mix Model by Apple Incorporated Apple applies the 7P marketing model by either identifying a specific markets needs or by creating a market by defining products that address the needs of their target segment consumers. Product: Apple defines their products with the final consumer in focus and does not seek to gain all the consumers in the market; rather they focus on the Value seeking consumers and thus all of Apples products are designed to satisfy the needs of these value consumers. Products are designed with each aspect specifically detailed to achieve an advantage over equivalent competitor products including; superior ease of use, seamless integration and innovative design (Apple Inc, 2010). As Kotler et al (2008) describes, Apple provides augmenting services and peripherals for almost all of their product lines including maintaining compatibility to older generations and other third-party devices and software. These services, which are additional to all Apple products as basic packages at no and extra packages at extra costs allows consumers to continuously add more value to their products to fulfil their evolving needs. Currently as I write this report, Apple has launched several series of product upgrades and differentiation within the iPhone, iPod and iPad for other value consumers identified in their market segment whose needs the current products do not meet; including the iPhone 5, iPod Touch, iPad Mini and the Mac Book Pro and iMac (Apple Online Store, 2012). Pricing: One other aspect of the Marketing mix model which Apple applies effectively is the pricing of their products. Apple markets itself as a high end product manufacturer with a high-quality buying experience for their target consumers, and this is reflected in their pricing. Apples products are higher in prices in a comparison to their market competitors but this it leverages with its unique ability to design and develop its own operating systems, hardware, application software and services and provide its customers with new products and solutions of superior ease of use, seamless integration and innovative design. Apple believes in high quality sales and after sales support experience and ensures that although their prices are higher than any competitor; the final end consumer knows that the quality of product, sales and after sales support is second to none (Apple Inc, 2011). From C. Bowman and D. Faulkners (1996) strategic clock model, Apple Incorporated can be seen to be solely concentrated on a high value high price relationship which they also described as focused product differentiation. A samples analysis of the current UK mobile phone market prices ranges between the major market competitors and Apples iPhone product belo

Student Protest movement Essay -- essays research papers

A Battle of Rights The Student Protest Movement of the 1960's was initiated by the newly empowered minds of Americas youth. The students who initiated the movement had just returned from the â€Å"Freedom Summer† as supporters of the Civil Rights Movement, registering Black voters, and they turned the principles and methods they had learned on the Freedom Rides to their own issues on campus. These students (mostly white, middle class) believed they were being held down by overbearing University rules. Student life was governed by the policy of in loco parentis, which allowed colleges to act "in place of the parents." Off campus,these young people were considered adults, but at school they were subjected to curfews, dorm visitation restrictions, close supervision, and rules against having a car or even renting an apartment. Not only were these students being treated as children in this respect, but there were also heavy restrictions put on what they could and could not discuss. Any issues, especially political, not directly related to the university were strictly prohibited. Only sandbox issues, those related to university issues were allowed on campus. This created an extremely controlled environment and severely impinged on the students rights to free speech. In reaction to such limitations, college students across the country decided to do something about it. The Student Protest Movement (SPM) began at the University of California at Berkeley in the Fall of 1964. In September of that year Berkley campus authorities declared the area directly outside of the main entrance to the school off limits for advocates of civil rights and other causes. For years the strip had been accepted as a place where students could hand out pamphlets, solicit names for petitions, and sign people up. This ban set the stage for the beginning of the SPM. On September 29, demonstrators defiantly set up tables on the Bancroft strip and refused to leave when told to do so. The next day university officials took the names of five protesters and ordered them to appear for disciplinary hearings that afternoon. Instead of five students, five hundred, led by Mario Savio, marched to Sproul Hall, the administrati... ... the spot light. Many had negative feelings towards the protests and sit-ins, arguing that they did nothing but impinge on classroom time and interfere with the students ability to carry out there education. Though the SPM may have created chaos around campus, it was well manored and non-violent. The protestors took hold of the methods used in the Civil Rights movement, knowing that violence only made situations less credible and more dificult to keep under control. They were trained to simply go limp when arrested, not to resist the officers, therefore avoiding any danger to themselves or others. The sit-ins were just that; a group of students calmly sitting around conversing and playing music, all the while getting the attention and recognition they strived for. Whether the effectiveness came for the bottom up, with student organizations gathering to approach the administration, or top down, with the administration addressing the students, the issues were recognized and discussed. Both parties had their gains and losses, and the Student Protest Movement came out on top with a memorable place in

The Symbolism in “A Rose for Emily”

The Symbolism in â€Å"A Rose for Emily† â€Å"I want the best you have†¦ I want arsenic. † Emily was purchasing rat poison. Did she really have rats? Or did she poison her husband Homer Barron? William Faulkner used a few ciphers in â€Å"A Rose for Emily† to get his readers to explore their imagination. It is an extremely suspenseful, on the edge of your seat, story with a shocking ending. It is a short story about an old women who loses her father and eventually her husband; she is the talk of the town and after she dies, everyone realizes exactly how insane she was.Faulkner uses many symbols that have meanings of their own and also for something else. â€Å"A Rose for Emily† has numerous symbols. Some more important the others, a minor symbol would include her father’s whip. It symbolizes his control and domance over her. It was as if he was fighting off all the men in Emily’s life with his whip. It may also suggest that he is incred ibly strict with her and didn’t want her to have much of a social life. When Emily’s dad died, Emily was devastated; she did not want to leave his body. Shortly after, Emily took comfort in a man named Homer Barron.The death of Emily’s father left her miserable, when Homer left town for a few days, she thought she might loose him like she did her father. When he returned home, everything went down hill. â€Å"And that was the last we saw of Homer Barron and of Miss. Emily for sometime. † A slightly more important symbol would be the old, creepy house where Miss. Emily lived. The house symbolized a mystery; the whole town thought Miss. Emily was bizarre and that house just added to their suspicion. The house had a distinct smell. It was a kind of rotting smell, as if something, or maybe someone, had died in there and was never disposed of properly.It got so bad the mayor, along with a couple other residents of the town, snuck onto the property and put deod orizer on her front lawn. After Emily’s death, the towns people were finally able to explore the house. What they found wasastonishing. Everything seemed somewhat normal up until they got to the locked door. The men broke it down and found a room that looked as if to be prepared for a wedding covered completely with an inch or two of dust. When they turned around, they found a decomposing body! The last symbol was definitely the most important.Next to the body was a long gray hair. To some it might not mean anything; but to other intellectual readers, it might have great importance. If you look deeper into it, Emily had long gray hair, she was tremendously insane, and bought rat poison that would â€Å"kill anything up to an elephant. † Could she have killed Homer? Could that long gray hair symbolize Emily going up to the room at night and cuddling up with Homer’s dead body? Faulkner leaves it up to us to decide. He uses the power of symbolism to test our mind a nd really make us think about what we are reading.The symbols in this story make it what it is, a fine piece of literature. Faulkner really puts the power of symbolism to work in â€Å"A Rose for Emily. † In this story, through the use of symbolism, Emily is exposed as the true crazy person that Faulkner met to portray her as. If you put your mind to work, Emily may have used arsenic to murder her husband, kept his body locked up in a barricaded room, and slept with his rotting corps night after night. Symbolism can make or break a story; in this case it made â€Å"A Rose for Emily† great. It constantly tests the mind and keeps the reader guessing what will happen next.

Subjection of Women towards Men

The eighteenth century novels, Fanny Hill a Woman of Pleasure by John Cleveland, The Castle of Otranto by Horace Walpole, and Mary the Wrongs of a Woman by Wollstonecraft are episodes of women being subject to men. Though women were treated as a subject, history has shown that in every great man – beside him is a woman. In the work written by Cleveland during the time he was imprisoned was critiqued that the book can be questioned by its substance since it is written by a man.However, it is a story wherein the main character admitted that her sexual faculty is both her â€Å"point of pleasure and pride (Cleveland, 1749). â€Å" Though the girl in the story finds herself unworthy for the man she loves she also questioned the worthiness of Mr. H especially when she witnessed how her maid was raped and how he bribed the girl with his money. Being a prostitute she was able to compare who is more rotten, if it was the one who sells sex or the one who buys it.Despite of the appare nt loss of virtue in chastity of the main character in the story, in her heart she would want to do the sex act with the person she loves despite of her complex understanding between love and desire. The story reveals about how innocence and struggle for survival can lead a young woman astray and be treated not more than a merchandize. The story also gave a lot of examples on how a woman’s submission are often abused and how her femininity are being obscured by wanton people, treating women as if they were not borne of a woman.The Gothic story of Otranto depicts how a statute in authority is clouded by ardent desire for women. The story gave a contrast between the desire for Isabella and the love for Matilda. Though the story treated those dainty ladies with outward refinement, it vividly portrays the subjectivism on the female gender towards chauvinism of some authoritarian men. The story classified that male children are more important than the girls and they are just reare d to become mothers of the next lineage.Women’s role was obscurely assigned to child bearing alone and the caring for their husbands. Beyond their dignified looks they are treated only as possession subjected to men. Manfred’s because of his power forget the fact that his dignity lies on how he takes care of his body or on how well he treated his wife. This 18th century novel though fictitiously written is able to accomplish how the arrogance of men in high stature can actually put man in digression if the women’s role is given a limited view as only a helper than a partner.Horace Walpole the 4th Earl of Orford significantly opened his reader’s awareness on the equal dignity of men and women and how the female gender in his time was subjected by its male counterpart. In Mary the Wrongs of a Woman is a book authored by a pregnant woman in an asylum a place in which in those days where marginalized women were kept by their society. The novel was considered by feminist as a biographical sketch rather than an unfinished fiction story. It was published by the author’s husband and regarded as a work to vindicate the rights of women.The Author stated the following â€Å"Addressing these memoirs to you, my child, uncertain whether I shall ever have the opportunity of instructing you, many observations will probably flow from my heart, which only a mother- a mother schooled in misery, could make (Matthews, 2001)† will deeply move a reader to sympathize with the author in her profound words who is very much in pain upon realizing that she may never have the chance to care for her child. The story about Maria tells about the experiences of a woman when they are wronged by their husbands.These women too are denied with their dignity on motherhood, a sad fact which since in the beginning was the reason why broken homes became in fashion. This means that citizens who are not raised by a motherly care and attention are possibly to be come persons who are withdrawn and lack compassion. This eventually leads to a society that is less humane and uncaring. Because of the subjectivism of women towards men, her self giving was abused in many ways and her assertiveness misconstrued as rebelliousness and feminism.Women are required to give her complete self because that is the dignity of her calling but that self giving is often not granted the love that is due to a woman. Rather, she is abused and is treated like a personal property and not as an equal partner. The British novels described the female gender both as strong women and weak women of which society of today still seeks her true meaning of femininity as a gift to the world. The fact that she is given her femininity her woman’s dignity is found in the order of love meaning she is the one to receive love in order give to love in return.Woman’s dignity is measured by her giving love to others but it can only be witnessed if she also receives it, fo r who can give something which she or he does not have? Men and children who are not capable knowing what genuine love is are those who lack the experience of being touched by the warmth of a mother’s love and if there is a cold woman out there it could be a reason that she was not given the love she deserved. Weak women are borne by societies who have disregarded their dignity and reduced their personhood as second citizens of this world.However, women are born strong because through motherhood a human being is entrusted to her care always and everywhere even in situations of social discrimination where she may find herself. She is also referred in (Proverbs 31:10) the perfect woman because her irreplaceable support for other people are owned much by their families and by the whole nations. . The three novels are characterized by different women during the 18th century, Fanny Hill a rural girl, Matilda and Isabella who belongs to noble blood, and Maria who is a woman of inte llect.They have all the qualities to be called perfect women but also have their weaknesses or soft spots which are an essence of their own femininity. Work Cited Cleveland, J. (1749). A Memoirs of a Woman of Pleasure. Retrieved 14 April 2008, from http://books. google. com/books? id=cj5Za3JXXxkC Matthews, S. L. (2001). Mary Wollstonecraft and Mary Shelley: Writing. Retrieved 14 April 2008, from http://books. google. com/books? id=zeiXNBvquncC&dq=Mary+the+wrongs+of+a+woman&source=gbs_summary_s&cad=0

Your Income Depends on How Well You Cope with Rejection

Your Income Depends on How Well You Cope with Rejection To make money as a freelance writer you cant just play offense (networking, learning how to pitch, improving your craft, finding new markets, negotiating). You also have to play defense. And that means developing something researchers have identified as crucial to financial success:   a  higher threshold for failure. The eminent psychologist Dean Simonton, in his masterpiece On the Origins of Genius, investigated personality traits of highly successful creative types. What exactly made them successful? With all had talent, discipline, creativity and intelligence, why did some succeed and others fail? It turns out that the most successful had a high threshold for failure. They owned a coping strategy for rejection.   The unsuccessful tended to give up sooner, approaching their work with more fear and trepidation and, hence, could not raise their creativity to the level it needed to be. Whats your coping strategy for rejections? I realized I had to change after a series of painful rejections threatened to derail my writing career. So I studied up on the latest research on resiliency and interviewed a host of grit experts. The centerpiece of my coping strategy, and the one I teach fellow writers, revolves around purpose. Why do you write? If its to see your name in lights, impress people youve never met, and have your calls answered But if you write to help solve other peoples problems, shed light in darkened areas, and maybe ease someone’s burden with a little laughter, you have a purpose-driven response to rejection. The kind that leaves you empowered instead of gutted. My friend, Lisa McLeod, a thought leader in performance, likes to ask her CEO clients this question:   Does your company have a purpose or does it just sell stuff? Lisas research shows that if, for example, a pharmaceutical company operates strictly out of revenue goals, it will generate x number of sales. If it emphasizes purpose (i.e. selling a drug that saves the life of a young mother so she can see her daughter grow up) then it will generate significantly more revenue than x. Lisas work found that selling to achieve a noble purpose produces more income than selling to meet revenue goals. Why? Because you become more resilient, more hopeful, more resourceful, more determined to succeed with that loftier purpose. I applied that to my writing and in a matter of months my income exploded, my hit rate increased, and I was in high cotton as they say in the south. The rejections didnt stop (they never do), but now they dont paralyze me. Of course, operating out of your purpose rather than your ego isnt the only thing needed to develop a coping strategy, but its a great place to start.   They say the proof is in the pudding, but in this case, look in your wallet. A coping strategy for constant rejection is almost guaranteed to fatten it.

An Unlikely Murderer Essays - American Folklore, Axe Murder

An Unlikely Murderer Essays - American Folklore, Axe Murder An Unlikely Murderer One would think that crimes with such a gruesome nature would be committed by a hatchet-wielding maniac as put by Russell Aiuto (1). But rather, the suspect was that of a church-going, Sunday-school-teaching, respectable, spinster-daughter(Aiuto 1). The young woman, Lizzie Borden, was charged with the killing of her father and stepmother, a crime worthy of Classical Greek tragedy (Aiuto 1). Therefore, the purpose of this paper is to research the life and trial of Lizzie Borden in order to determine if she was innocent or guilty of parricide, the murder of ones parents. It was on the 19th of July, 1860, that in Fall River, Massachusetts Lizzie Borden was born (Radin 268). She grew up there alongside her father, Andrew Borden. He was a very prosperous man, starting out as the towns undertaker and ending up investing his profits into the textile industry. When Lizzie made it in to her teens, Mr. Borden was worth $500,000 (Paton 432). Being as prosperous as he was, he only had to places to spend his money: his two daughters, Lizzie and her older sister Emma (Paton 432). Andrew Borden also had a wife, Abby Borden. She was the stepmother of Lizzie and Emma and a hated one at that. Whenever Lizzie and Abby were together in the house, which happened a lot, the atmosphere was electric (Paton 433). Abby was called Mrs. Borden, and Lizzie did not eat when Abby was around. Their relationship was so distant, that Lizzie only spoke to her when it was needed (Paton 433). Lizzie first despised Abby when Andrew decided to purchase Abbys sisters home and have it in his wifes name. This prevented his sister-in-law from getting evicted, but Lizzie saw it as a chance for Abby to take advantage of Andrews money (Paton 433). What most people do not know, is that Lizzie had somewhat of a criminal record before she was charged with the murder. The first was committed in her own home. She had reported to her father that some of Abbys stuff had been stolen by a thief. Andrew called the police but stopped them in the middle of their investigation because he noticed that the only person that could have committed the crime was Lizzier herself (Paton 433). Perhaps the only reason Lizzie may have had any hate for her father was when he laid her pigeons to rest. Intruders had broken into the garden of the Bordens, where Lizzies pigeons were held. Mr. Borden assumed that the intruders were after the birds and therefore, decapitated the birds with and ax (Paton 434). Could this be a sign? 1892 was a year of record breaking heat. It seemed to have been 12 months of total summer (Paton 434). That summer, Lizzie bought small doses in several visits of prussic acid, a lethal drug. The drugstore owners started to notice, which caused her to make her visits more discreet (Paton 434). The day of August 4th was a day that would make history. It started out normal. Emma was not in town, and there was a guest staying in the house, Uncle John Morse. Bridget Sullivan, the maid, was up with Uncle John as she did her daily chores. She stopped short, however, because of a sickness she had had recently (Paton 435). Then, with John gone into town and Bridget cleaning the windows, the murders happened. At 9:00 AM, Abby Borden was killed. With nothing more worse happening, Andrew Borden was then killed two and a half hours later, at 11:30 AM (Sams 1). There were 20 wounds from a sharp instrument on Abby and only 10 on Andrew (Paton 432). Lizzie supposedly saw only her father dead. She ran to the neighbours and cried that her father had been killed. She said her mother had gotten a note, asking her to go aid an ill person. So obviously, Lizzie did not know that Abby was in the house dead. The police got there, and they found Abbys corpse in a bedroom. Then for some odd reason, Lizzie remembered that she may have heard her come back in to the house earlier (Paton 436). Lizzies alibi was rather odd. She said she had went out in to the outbuilding

Essay on Morality and Ethics in Corporate World (Sample)

Essay on Morality and Ethics in Corporate World (Sample) Essay on Morality and Ethics in Corporate World In the corporate world, there is a large group of people who are hired to perform their skills and responsibilities as employees and investors. There are rules and policies that are indicated from the contract that has been drafted and applied by the corporate world in order to ensure that the quality of ethical responsibilities is followed. Discipline is important in the corporate world because it values the trust and the dignity of every employee to ensure that their services and product campaign are essential to value the cooperation of the target markets. In this case, it enhances the credibility of each employee to essential render their service efficiently and accurately to prevent any conflicting interests that might challenge the productivity of the corporate world. The principle of morality in the corporate world is valued by the influence of a firm leadership application; it is valued by managers and a head of a company. The reason behind is that leaders have the authority to apply their styles towards their employees to prevent any risks or hazards caused by ineffective skill management to a certain function or operation. During training, moral values are always insinuated by the training officers of the company because every employee should be responsible with their actions when rendering their service to the operating institution. As a result, the influence of an effective management procedure enhances the credibility of the institution to improve its values and trust with their target markets to establish an efficient way of promoting their professionalism. In the corporate world, the value of personal and professional ethics plays an important role to promote the essentials of morality towards other stakeholders. A productive corporate world is sustained by an effective and aggressive leader by leading change to the stakeholders to move in an upward trend, indicating an improvement with the assets and investments of the company. It is a strategic campaign to bolster the fundamentals of the company’s marketing values and interest. The result of having an effective leadership moves the company forward by means of generating an increased revenue status that improves credibility in the corporate world. This means that having an effective leadership generates a positive change within the corporate structure of the company. Respecting the house rules as well as the provisions provided by either national or international regulating agencies engages in a harmonious corporate structure to protect and safeguard that interest of the public. The ethical consideration of the corporate world is adapting to diversity applicable towards employees and consumers. In the corporate world, basic human rights are always waived to all stakeholders because it values the integrity of every human being while transacting and rendering the services of the institution. This involves respecting the race, the gender, sexual orientation, ethnicity, social class, educational attainment, and age. In this case, the corporate world values the integrity of every individual by means of preventing actions against racism, hate speech, and discrimination of any actions made by its employees or a company. Respecting the rights of anyone is a major goal of the corporate world to sustain and implement its morality and ethical values. At the end of the day, a company influences the interest as well as productivity by means of engaging in a humane way of operating the company to both local and international markets (Churchland, 2011). Reference Churchland, Patricia Smith (2011).  Braintrust: What Neuroscience Tells Us About Morality. Princeton University Press. pp.  7–9.  ISBN  978-0-691-13703-2.

Will Basic Economic Problem ever be solved Essay

Will Basic Economic Problem ever be solved - Essay Example tisfied with the quality and quantity of goods and services they have, and they always want more; but the nature has finite resources at any given point in time. The problem of scarcity can be solved, and is being solved, through the technological advances. Scarcity means that while a person enjoys one resource at a given time, he has to give up another to let others enjoy, or the society ends up with some people enjoying the resources and some not. Technology in the industrialized nations has made the resources available to almost everyone at the doorstep. For example, medical health services are being provided even to remote areas through telemedicine and e-health, which remotely residing people could never think of availing. Distance education is made possible through online education, and so, remotely residing people, or those who cannot afford high university fee, can also get the same standard of education as those who can afford it. However, the counter-argument is that scarcity can never be solved because it is never enough for everybody. Nature has finite number of resources that have to end at a certain time, but population will keep on growing and requiring. Human beings have finite choices, finite opportunities, finite time on earth, and finite energy to produce resources. Similarly, there is finite labor, capital and other economic resources in the market. Natural resources like air and solar energy are infinite, but labor and capital is required to turn these natural resources into usable energy. Technology can be used to convert solar energy into heat or electrical energy, but labor and capital is required, which is again finite. Hence, cobweb of economic finiteness makes scarcity a big problem. Nonetheless, considering the rate at which technological advances are being made, no one knows what technology holds for us in future with respect to solving the problem of scarcity. To conclude, scarcity is a major economic problem as human needs keep on

Walden by Henry Thoreau. What Ann Dillard and Henry Thoreau has in Essay

Walden by Henry Thoreau. What Ann Dillard and Henry Thoreau has in similarities - Essay Example The book is a work of the author’s self-discovery, the discovery of individuality and the discovery of the right path to lead a life of peace and satisfaction. The author harps on how human being wastes their labor on â€Å"excessive toil† (Thoreau) but fails to acquire the â€Å"true integrity† (Thoreau). Taking a cue from the work of Henry Thoreau and inspired by the author, the book, Pilgrim at Tinker Creek by Annie Dillard revolves around the Dillard’s life about how she spent her life in the Tinker Creek of Virginia. Dillard spends her days in the lap of nature by walking through the woods, watching the cows, ducks, frogs, and observing the praying mantis pod which is evident when she talks about her spending time by sitting â€Å"on a fallen trunk in the shade and watch the squirrels in the sun† (Dillard, 6). She spends her life amidst the nature, â€Å"A couple of summers ago I was walking along the edge of the island to see what I could see in the water, and mainly to scare frogs† (Dillard, 7). The writing reveals her alternate revelation of the natural beauty and the philosophical muse. Through the book the author makes an attempt to explore the true characteristics of nature that surrounds the living world. The author pens down her thoughts as she observes the harmony of nature at the eponymous Tinker Creek during her stay at the place. The book is a work of chronicle, science, anthropology, myths, and way of life, divinity, and environmentalism. The book reveals the existence of the mixture of sublime character and a horrific character in the Nature. (Dillard) However despite the similar themes in the works, there are some differences in their approaches. Walden is a work of Henry Thoreau that mainly revolves around his stay at the woods by the side of the Walden Pond, where he went for the quest of self discovery, as he feels that human beings spent their time in â€Å"mere ignorance and mistakes† (Th oreau). On the contrary Anna Dillard’s stay in the forest has been mainly to understand the true character of the Mother Nature and discern her natural world. It is a book that navigates between the paradox of celebrating and mourning, â€Å"I used to have a cat, an old fighting tom, who would jump through the open window by my bed in the middle of the night and land on my chest†¦Ã¢â‚¬ ¦Some nights he kneaded my bare chest with his front paws, powerfully, arching his back, †¦Ã¢â‚¬ ¦ And some mornings I’d wake in daylight to find my body covered with paw prints in blood; I looked as though I’d been painted with roses.† (Dillard, 3) Dillard’s writing explores between the true nature of the red stains- was it the bloodstain or the roses painted. She makes an effort to know the answer of whether nature is that harmonious and unified system that operates according to the principles of co-dependence and compassion or it is the force, which is h ardhearted and unthinking and has an eerie mystery and obscurity in it. (Dillard) Thoreau’s book is more about renouncing the worldly pleasures an idea of â€Å"get away from all† whereas, Dillard’s stay is more about finding the true aspect of Nature and to discover the mysticism in it. While Walden reveals that Thoreau was not living the life of a hermit, which is evident from the chapter â€Å"Visitors† when he says â€Å"I have had twenty five or thirty souls with their bodies, at once under my roof†, Dillard’s writing reveals that there was no connection with the community. Thoreau withdrew from the community to lead a life, which is prophetically outside the society, but the writing of Dillard reveals the escapist nature of the author when she says, â€Å"I shy away from the arts, from the emotional human stew†¦and I drive myself deeper and deeper into exile from my own kind.†

Walden by Henry Thoreau. What Ann Dillard and Henry Thoreau has in Essay

Walden by Henry Thoreau. What Ann Dillard and Henry Thoreau has in similarities - Essay Example The book is a work of the author’s self-discovery, the discovery of individuality and the discovery of the right path to lead a life of peace and satisfaction. The author harps on how human being wastes their labor on â€Å"excessive toil† (Thoreau) but fails to acquire the â€Å"true integrity† (Thoreau). Taking a cue from the work of Henry Thoreau and inspired by the author, the book, Pilgrim at Tinker Creek by Annie Dillard revolves around the Dillard’s life about how she spent her life in the Tinker Creek of Virginia. Dillard spends her days in the lap of nature by walking through the woods, watching the cows, ducks, frogs, and observing the praying mantis pod which is evident when she talks about her spending time by sitting â€Å"on a fallen trunk in the shade and watch the squirrels in the sun† (Dillard, 6). She spends her life amidst the nature, â€Å"A couple of summers ago I was walking along the edge of the island to see what I could see in the water, and mainly to scare frogs† (Dillard, 7). The writing reveals her alternate revelation of the natural beauty and the philosophical muse. Through the book the author makes an attempt to explore the true characteristics of nature that surrounds the living world. The author pens down her thoughts as she observes the harmony of nature at the eponymous Tinker Creek during her stay at the place. The book is a work of chronicle, science, anthropology, myths, and way of life, divinity, and environmentalism. The book reveals the existence of the mixture of sublime character and a horrific character in the Nature. (Dillard) However despite the similar themes in the works, there are some differences in their approaches. Walden is a work of Henry Thoreau that mainly revolves around his stay at the woods by the side of the Walden Pond, where he went for the quest of self discovery, as he feels that human beings spent their time in â€Å"mere ignorance and mistakes† (Th oreau). On the contrary Anna Dillard’s stay in the forest has been mainly to understand the true character of the Mother Nature and discern her natural world. It is a book that navigates between the paradox of celebrating and mourning, â€Å"I used to have a cat, an old fighting tom, who would jump through the open window by my bed in the middle of the night and land on my chest†¦Ã¢â‚¬ ¦Some nights he kneaded my bare chest with his front paws, powerfully, arching his back, †¦Ã¢â‚¬ ¦ And some mornings I’d wake in daylight to find my body covered with paw prints in blood; I looked as though I’d been painted with roses.† (Dillard, 3) Dillard’s writing explores between the true nature of the red stains- was it the bloodstain or the roses painted. She makes an effort to know the answer of whether nature is that harmonious and unified system that operates according to the principles of co-dependence and compassion or it is the force, which is h ardhearted and unthinking and has an eerie mystery and obscurity in it. (Dillard) Thoreau’s book is more about renouncing the worldly pleasures an idea of â€Å"get away from all† whereas, Dillard’s stay is more about finding the true aspect of Nature and to discover the mysticism in it. While Walden reveals that Thoreau was not living the life of a hermit, which is evident from the chapter â€Å"Visitors† when he says â€Å"I have had twenty five or thirty souls with their bodies, at once under my roof†, Dillard’s writing reveals that there was no connection with the community. Thoreau withdrew from the community to lead a life, which is prophetically outside the society, but the writing of Dillard reveals the escapist nature of the author when she says, â€Å"I shy away from the arts, from the emotional human stew†¦and I drive myself deeper and deeper into exile from my own kind.†

The Pro's and Con's of Obama Care Research Paper

The Pro's and Con's of Obama Care - Research Paper Example With this healthcare plan, individuals and small business owners can acquire health-related insurances based on subsidized premium. However, the health care plan has been opposed on the ground of racial prejudice. It is also criticized for adding extra taxes, which has increased government spending. Moreover, the other limitation of the healthcare plan is that citizens are required to have health insurance by the year 2014, if not a tax penalty might be imposed on them. In addition, employers are necessitated to contribute not less than the figure of 50% of the health plan premium in order to get advantage of the benefit of tax credit. The employers who do not have adequate tax liability are not eligible to obtain complete current benefit. In this regard, comparing the benefits and the limitations of Obama Care, it can be affirmed that the plan should be continued in the US with aim of providing better quality health insurance plan. In the United States, the people are provided with different healthcare plans along with policies with the aim of improving health coverage. The healthcare plans are implemented in order to ensure that the people are facilitated with effective care as well as treatment services. Obama Care has been implemented in the US with the aim of ensuring that people are provided with better health insurance coverage. The healthcare plan has been implemented as an affordable health care policy, which is identified as ‘Patient Protection and Affordable Care Act’ (PPACA). It has been also identified that the healthcare plan includes new taxes, which have adversely affected the effectiveness of the plan. Additionally, the healthcare plan is also identified to be criticized on different grounds that include legal along with political considerations. On the legal along with political ground, the healthcare plan has been criticized to be based on racial prejudice. In this regard, the health care plan has been ineffective in its approach due to improper management of the policies.

METHODOLOGY POLICY Essay Example | Topics and Well Written Essays - 250 words

METHODOLOGY POLICY - Essay Example Organizations operate with the aim of attaining economic efficiencies. Production is guided by the law of marginal utility and continues until marginal returns equal marginal cost of production. Beyond this point, production is inefficient and organizations stop production. The graph shows an increasing trend in production and therefore explains that marginal utility from production is still lower than unit production cost. Based on the theory, advantage in production cost or higher demand into higher utility could explain the trend. The theory however fails to recognize the role of social utility in production and resource distribution (The State of Working America, 1; Wolf and Reinsick 52- 55). Labor theory of value explains that labor cost is the main driver of commodities’ cost, and therefore indicators of productivity. The graph, based the theory, shows that labor costs have been increasing at a higher rate than median family income. It also demonstrates inequality in labor wages. The theory’s rationale is similar to that of neoclassical theory (The State of Working America 1; Wolf and Reinsick 169). Keynesian theory explains a relationship between productivity and aggregate demand. The graph, based on the theory shows an increase in demand despite lower increase rate in income and therefore suggests increase in number of households towards higher demand and productivity values. Rationale of Keynesian theory is similar to that of neoclassical theory (The State of Working America 1; Wolf and Reinsick 126). Institutionalist methodology focuses on social utility instead of economic efficiency. Based on the approach, the graph demonstrates increasing investments into social utilities while demand driven production could have similar changes to median income. The investments could be from the government and private entities. This is contrary to neoclassical perspective economic efficiency (The State of Working America

Globalisation and the International Business Environment Essay

Globalisation and the International Business Environment - Essay Example 64-65) as the opposite of localisation; it is the process of adapting products for use outside the home nation (think steering wheels in cars or Chinese versions of Windows). Firms must internationalise if they want to sell to markets outside their home country, because foreign markets have different cultures, needs and wants, demanding that firms make adjustments to products and services, organisational structures, leadership and people systems, and supply chains, amongst others. In a landmark paper on the topic, Whitley (1994) observed that the post-war internationalisation process of firms was primarily driven by increases in foreign direct investment by transnational (or multinational) enterprises. This led to increased interdependence of the industrialised economies and changes in the world economy with the following characteristics: (1) the establishment of a distinct global system of coordination and competition, (2) the denationalisation of leading firms, and (3) the international standardisation of managerial structures and practices. It can be said that the natural progression from internationalisation to interdependence and greater integration of the world economy resulted in the complex phenomenon that we now call "globalisation". Globalisation is a concept that is best described than defined because of its complexity. A simple definition, like "globalisation is the integration of the world economy, reshaping business, reordering lives, creating social classes, different jobs, unimaginable wealth, and wretched poverty" (Micklethwait and Wooldridge, 2000, p. xvi), would not do justice to the term because it focuses too much on the economic aspect. Globalisation is much more than just money, business, and wealth. As Stiglitz (2002, p. 9-10) described it, globalisation "integrates countries and peoples, their economies and politics, their cultures and fates. It breaks down artificial barriers to the flow of goods, services, capital, knowledge, ideas, and (to a lesser extent) peoples across borders. It creates new institutions that joined with existing ones to work across borders". There are then good and bad sides, so whilst many condemn environmental degradation, corruption of cultures, and the spread of squalor, poverty, misery, and greed, many also praise the improved access to cheaper medicines and food, better living conditions, gradual eradication of poverty, and increased opportunities for millions of people around the globe. Therefore, whilst many consider internationalisation and globalisation as synonymous terms, the former would refer to an outward process where firms adapt to and increase their presence in international markets, whilst the latter can be described simply as its natural integrating result. Globalisation is nothing new, but in its past incarnations, the inability of previous generations to manage its bad side has made it a factor that led to two of the bloodiest wars that mankind has ever experienced. Knowing this background reminds us of what the philosopher Santayana said about learning the lessons of history so that we would not be doomed to repeat it. Main Drivers of Globalisation Like success which has many fathers, globalisation (according to whoever is the author) has many drivers (Yip, 2003; Johnson et al., 2003; Stiglitz, 2002; Micklethwait et al., 2000; Porter, 1990) that we can summarily classify into five groups. These drivers are the key

Expectation Interest Coursework Example | Topics and Well Written Essays - 1000 words

Expectation Interest - Coursework Example Usually, the defendant would be awarded damages that equal to the cost of cure. For most defective goods, that equals to the diminution in their value. But for some defective goods, the diminution in value is not equal to the cost of cure (Ruxley Electronics v Forsyth (1996)). In those instances, the courts would ascertain damages that are just and fair pertaining to the merits of the case. These are called ‘loss of amenity’ damages (see Ruxley).   Where the breach is caused by non-delivery, the buyer may also sue for damages which would be calculated by the difference between the market value and the contracted value of the good (s. 51 SGA 1979). If, on the contrary, the buyer refuses to pay, the seller can claim for the loss of profits on the good (Charter v Sullivan [1957]).Reliance loss  This seeks to put the claimant into the position as if he never entered into contract (McRae v Commonwealth Disposals [1950]). Often, the reliance interest is already covered by the expectation interest.Restitution Interest   In this claim, the contract is set aside and the claimant seeks to obtain the price paid for goods that were not delivered (Whincup v Hughes [1871]). This claim may also be used to recover profits that the defendant made as a result of the breach (Attorney-General), though it is only allowed when other forms of remedies are exhausted and even then, the courts may order the defendant to award the claimant a share of the profit instead of the entire sum. The claimant is also under a duty to mitigate losses.... Thus, if both parties knew that the claimant was going to use the goods to make a profit, he is entitled to recover those lost profits (Victoria Laundry (Windsor) Ltd v. Newman Industries Ltd (1949)). Damages for pain and suffering may also be awarded where the claimant has expressly stated his concerns (such as presence of aircraft noise before buying a new property close to the airport) at the time of contract (Farley v Skinner [2001]) A claim for damages will fail if the damages are too remote. It will also fail if there is no causal link between breach and damage, and independent third party acts (London Joint Stock Bank v. Macmillan [1918]), natural events (see Monarch Steamship v Karlshamns [1949]) and claimant’s own unreasonable acts (Lambert v. Lewis [1982]) will keep the claim from succeeding. Word Count: 510 Q.2 Becka would be looking to pursue her remedies for breach of contract, as there is a possible breach of s. 14 of the SGA 1979. On the facts, she is a consumer , which brings in operation s. 15 conferring on her a right to reject the goods and be awarded damages at the same time at the discretion of the courts. The car was described in the ad as â€Å"regularly serviced, 2007 model†¦Ã¢â‚¬  along with other traits. S.14(2) of the SGA requires the car to be of satisfactory quality and s.14(3) requires it to be fit for purpose. Since Tower Hill is a business, these two are conditions. However, these conditions do not apply where the buyer has inspected the goods before purchasing or defects have been specifically brought to her attention before buying. Becka’s test drive may bar her from claiming on faults that she ought to have noticed. However, the facts are

Globalisation and the International Business Environment Essay

Globalisation and the International Business Environment - Essay Example 64-65) as the opposite of localisation; it is the process of adapting products for use outside the home nation (think steering wheels in cars or Chinese versions of Windows). Firms must internationalise if they want to sell to markets outside their home country, because foreign markets have different cultures, needs and wants, demanding that firms make adjustments to products and services, organisational structures, leadership and people systems, and supply chains, amongst others. In a landmark paper on the topic, Whitley (1994) observed that the post-war internationalisation process of firms was primarily driven by increases in foreign direct investment by transnational (or multinational) enterprises. This led to increased interdependence of the industrialised economies and changes in the world economy with the following characteristics: (1) the establishment of a distinct global system of coordination and competition, (2) the denationalisation of leading firms, and (3) the international standardisation of managerial structures and practices. It can be said that the natural progression from internationalisation to interdependence and greater integration of the world economy resulted in the complex phenomenon that we now call "globalisation". Globalisation is a concept that is best described than defined because of its complexity. A simple definition, like "globalisation is the integration of the world economy, reshaping business, reordering lives, creating social classes, different jobs, unimaginable wealth, and wretched poverty" (Micklethwait and Wooldridge, 2000, p. xvi), would not do justice to the term because it focuses too much on the economic aspect. Globalisation is much more than just money, business, and wealth. As Stiglitz (2002, p. 9-10) described it, globalisation "integrates countries and peoples, their economies and politics, their cultures and fates. It breaks down artificial barriers to the flow of goods, services, capital, knowledge, ideas, and (to a lesser extent) peoples across borders. It creates new institutions that joined with existing ones to work across borders". There are then good and bad sides, so whilst many condemn environmental degradation, corruption of cultures, and the spread of squalor, poverty, misery, and greed, many also praise the improved access to cheaper medicines and food, better living conditions, gradual eradication of poverty, and increased opportunities for millions of people around the globe. Therefore, whilst many consider internationalisation and globalisation as synonymous terms, the former would refer to an outward process where firms adapt to and increase their presence in international markets, whilst the latter can be described simply as its natural integrating result. Globalisation is nothing new, but in its past incarnations, the inability of previous generations to manage its bad side has made it a factor that led to two of the bloodiest wars that mankind has ever experienced. Knowing this background reminds us of what the philosopher Santayana said about learning the lessons of history so that we would not be doomed to repeat it. Main Drivers of Globalisation Like success which has many fathers, globalisation (according to whoever is the author) has many drivers (Yip, 2003; Johnson et al., 2003; Stiglitz, 2002; Micklethwait et al., 2000; Porter, 1990) that we can summarily classify into five groups. These drivers are the key

Financial Reporting Assignment Example | Topics and Well Written Essays - 2250 words

Financial Reporting - Assignment Example The involvement of the all stakeholders, the identification of the economic status, financial identification and effective transmission of the components of the financial reports outlines the main characteristics of effective and good quality financial reports (Helen and Gary 2001, P. 57). Although conventional financial statement systems are still effective in providing financial reports in an organisation, the adoption of contemporary financial reporting techniques and policies have proved to be more valuable and cost-effective. Organisations provide financial reports to facilitate the successful creation of practical regulatory policies and for procurement authorisation. To address the issues of finance reporting extensively, International Trade Organisations have developed various policies aimed at harmonising the global financial reporting process for the benefit of global economic development. One such initiative was the formation of International Accounting Standards (IAS 10) to harmonise accounting practices across the globe. The main aim of the IAS 10 policy framework was to prescribe the most effective timeframe for adjusting financial statements for an organisation and to enable the identification of necessary disclosure requirements regarding the date for financial statement authorisation and the events that followed the reporting period. The standard stipulates that, an organisation should not prepare financial reports based on going-concerns. The International Accounting Standards (IAS 10) offers an explanation of the events that occur after the finance reporting date. The standard is also exceptionally decisive in explaining various activities that occur instantaneously after reporting period. Definitions Events after the reporting period- This entails the inauspicious and constructive happenings that takes place after the end of the reporting date and before the date of authorisation of the financial statement. Adjusting Events These are events that offer comprehensive evidence to support the occurrences that take place at the end of the reporting date. Adjusting events also incorporates the events that relate to the inappropriateness of the going concerns assumption in the entire or part of the financial plan (Evans, 2000, p.535). Non-Adjusting Events These are events that reveal the conditions that occur after the termination of the reporting date and do not interfere with the organisation’s financial report. These events occur at the end of the reporting period. However, these events should not be allowed to inference with the absolute finance reporting. The Scope of the Provision This standard is only appropriate in the entire accounting process, at the disclosure and in the analysis of events that occurs after the reporting time. Objective of International Accounting Standard (IAS 10) This provision is aimed at prescribing the most appropriate time for adjusting financial statements for events that might take p lace after the reporting period. The provision also offers a description of the necessary disclosures regarding the financial statement authorisation and the impact of the events that take place after the reporting date to the organisation finance report. The provision is as well expected to ensure that no organisation prepares its financial reports on a going concern basis. This occurs in the scenario where,

Adolescent Truancy Essay Example for Free

Adolescent Truancy Essay I choose to do my paper on â€Å"Playing Hooky†: Examining Factors that Contribute to Adolescent Truancy, because of the position I am currently in at work places me in several different school s all year long. I have seen the effects and causes of adolescent truancy first hand. This article is a review of previous data that was obtained from Youth Advocate Programs, Inc. This article clearly states that it is a research article, and the research is from a study that compiled data from 20 students. The researchers looked at all variables that play a factor in adolescent truancy, to include family environment, living situations, community involvement, severity of substance use, duration of substance use, and peer victimization. Based on the research from the article on adolescent truancy I learned that truancy has become an ever growing problem and is caused from several different factors. Adolescent truancy is caused by multiple out-of-school and in-school factors. The majority of abscises are driven from outside factors, such as family problems, living conditions, substance use, and community involvement, and school factors, like bullying or hazing. Looking at the research by Dube and Orpinas(2009) it breaks it down into three main behavioral profile groups based on reinforcement be it negative and positive reinforcement, also no reinforcement. Positive reinforcement is things like skipping school to go to the mall or skate park things of that nature. Negative reinforcement is family conflict, living conditions, and substance problems. With substance abuse problems leads to more skipping school, and with skipping school leads to more substance abuse problems, so they both feed of each other. The research is supported by the data that was collected from a study that was done with 20 kids, ages 8-16 and grades 5th to 11th. This article fits in the overall field of sociology because it takes something that needs to be dissected and helps break down the trends and reasoning be hide what is going on, Furth more it opens our eyes to the key indicators to look for if we have a problem like this. Sociology breaks down thing so we can see the reasoning that something may be happing and I think this article does just that. I feel that the chapter that this article would best fit in would be chapter 9 Deviance, because the article cover truancy which is deviating from what you are supposed to be doing and shows why people would be doing this. This article is different because magazines and newspapers do not explain what is going on in this much in-depth information. Non-scholarly periodicals are usually just a brief summary of what is really going on and hitting the key points. This article is done from studies that have been done as well as surveys that have been completed. What this article and non-scholarly periodicals do have in common is that they both do lay out the key points to their research as well as credit the sources that they received there information from. Refrences Dimmick, J. Yanira, C. Aleka, L. and Holly, B. (2011). â€Å"Playing Hooky†: Examining Factors that Contribute to Adolescent Truancy. EBSCOhost. Retrieved from https://web-ebscohost-com.libdatab.strayer.edu/ehost/detail?vid=5hid=25sid=ea8658a5-82b9-4bf5-9730-404a1a35187f%40sessionmgr11bdata=JnNpdGU9ZWhvc3QtbGl2ZSZzY29wZT1zaXRl#db=a9hAN=6966092

Ernie Barnes: Research of the Football Artist Essay -- history

Ernie Barnes: Research of the Football Artist Ernie Barnes was and still is one of the most popular and well-respected black artists today. Born and raised in Durham, North Carolina, in 1938, during the time the south as segregated, Ernie Barnes was not expected to become a famous artist. However, as a young boy, Barnes would, â€Å"often [accompany] his mother to the home of the prominent attorney, Frank Fuller, Jr., where she worked as a [housekeeper]† (Artist Vitae, The Company of Art, 1999). Fuller was able to spark Barnes’ interest in art when he was only seven years old. Fuller told him about the various schools of art, his favorite painters, and the museums he visited (Barnes, 1995, p. 7). Fuller further introduced Barnes to the works of such artists as, Raphael, Michelangelo, and Correggio, which later influenced Barnes’ mannerist style of painting. As a young boy Barnes was â€Å"introverted and shy† (p. 8). He wasn’t able to fight like the other young boys his age, and quickly became a punching bag for bullies. The after school brawls became so severe that Barnes’ mother asked his principal to allow him to leave school fifteen minutes early everyday. After viewing the extent of Barnes’ bruises, the principal had no choice but to comply. On the other hand, once the other children learned that Barnes could draw they no longer laughed and made fun of him, â€Å"They just watched [him draw] in silent awe† (p. 8). When Barnes entered junior high school, he became interested in dating and knew that the only way he could get attention from the girls was to play junior varsity football. Therefore, he joined the team, and was dubbed too sensitive for the game, and later quit the team. However, when Barnes entered high school, he was put on a bodybuilding program, by the high schools weight lifting coach, Mr. Tucker, who showed a genuine interest in Barnes’ drawings. Through Mr. Tucker’s constant encouragement, Barnes was able to reinvent himself, graduating from high school with twenty-six football scholarships, as well as the respect of the community (Artist Vitae, 1999). Before Barnes went to college, at North Carolina College (now North Carolina Central University), he impregnated a young girl and was forced to marry her in order to save face, and his first child was born in 1957. Although Barnes’ marriage was not a successful one, he adored his newbor... ...ers football team. Completes â€Å"A Dream Unfolds†, commission for National Basketball Association commemorating their 50th anniversary. Private commissions (5). Receives Treasure of Los Angeles award, Central City Associatio  · 1998: â€Å"The Advocate† donated by Donna Arnold to North Carolina Central University School of Law. Begins paintings for traveling exhibition, Visual Poem of Human Experience. Private commissions (6).  · 1999: Private commissions (2). Continues to work on paintings for traveling exhibition, Visual Poems of Human Experience (The Company of Art, Chronology 1999). Bibliography Barnes, Ernie (1995). From Pads to Palette. Waco, Texas: WRS Publishing. Huyett, Pat. (2000). Mbembe: High Aspirations [Online]. Available: http://cctr.umkc.edu/~phuyett/mbembe.html [2001, March 19]. The Company of Art. (1999). Artist Vitae [Online]. Available: http://www.erniebarnes.com/bio.html [2001, March 19]. The Company of Art. (1999). Chronology [Online]. Available: http://www.erniebarnes.com/chronology.html [2001, March 19]. The October Gallery. (2000, May 19). About the Artist [Online]. Available: http://www.octobergallery.com/sbarnes.htm [2001, March 19].

Euthanasia Should Be Legal Essay -- Argument for Euthanasia

Euthanasia is a controversial issue. Many different opinions have been formed. From doctors and nurses to family members dealing with loved ones in the hospital, all of them have different ideas for the way they wish to die. However, there are many different issues affecting the legislation and beliefs of legalizing euthanasia. Taking the following aspects into mind, many may get a different understanding as to why legalization of euthanasia is necessary. Some of these include: misunderstanding of what euthanasia really is, doctors and nurses code of ethics, legal cases and laws, religious and personal beliefs, and economics in end-of-life care. Across Europe palliative care is an intensifying and acknowledged part of healthcare. Palliative care is mostly known as an approach that aims to prevent or reduce suffering and hopelessness at the end of life. Using this information one may understand better as to what euthanasia is associated with. Many people are unable to form solid opinions and stances on the legalization of euthanasia due to their lack of information on the subject. According to the study conducted by the European Association of Palliative Care’s Ethics Task Force, euthanasia is killing on request and can be defined as a doctor intentionally killing a person by the administration of drugs, at that person’s voluntary and competent request. There are two different types of euthanasia. Medicalized killing of a person without their consent, whether it is non-voluntary, where the person is unable to consent, or involuntary where it is against the will of the person, is not euthanasia, it is however, murder. This means that if euthanasia did occur it would have to be voluntary. The different types of euthanasia woul... ...sh. "Euthanasia: Right to life vs. right to die." Indian Journal of Medical Research Dec. 2012: 899+. Academic Search Premier. Web. 17 Sept. 2013. Piercy, Mathew. â€Å"Euthanasia Is a Rejection of God’s Gift of Life.† The Right to Die.Ed. Jennifer Dorman.Farmington Hills: Greenhaven Press, 2010. 11-14. Print. Quill, Timothy. â€Å"The Right to Die May Be an Important Part of End-of-Life Care.† The Right to Die.Ed. Jennifer Dorman.Farmington Hills: Greenhaven Press, 2010. 64-71. Print. "Code of Ethics for Nurses."Code of Ethics for Nurses. Christine Zhou, 15 Feb. 2013. Web.19 Sept. 2013. . ProCon.org. â€Å"Would Financial Motivations Encourage Insurance Companies, Health Care Providers, and Patients to Seek Euthanasia and Physician-Assisted Suicide if Those Options Were Legally Available?†ProCon.org. 17 Dec. 2012. Web. 23 Oct. 2013.

Economic Factors Essay

The GDP (Gross Domestic Product) or The Gross Domestic Income (GDI) is defined as the gross total market value of all the final . products (goods and services) produced by a country in a given period of time more specifically a calendar year. Gross Domestic Products can also be considered as the sum of all value added at every stage of production of all the final goods and services produced in a country and are always given a money value(kuznets,1932) Since the GDP is a measure of national income and output it is always equal to the total government spending, the total consumer spending and the total investments in a country. It can be calculated using the formula below; Gross Domestic Product= Total Consumption +Gross Investment + Government Spending+ (Exports – Imports) or it ca n be as GDP=C+I+G(X-M) Inflation can be described as the general rise in the level of prices of goods and services in a country over a specific period of time. It is the rise in prices of all goods and services and a rise in the price of one good or service cannot be referred to as inflation. Inflation mostly involves the decrease in value of a countries currency, and measured as a percentage rate of change of prices. This is mostly caused by high rates of money supply in a country without significant increase in the economy. (Kuzneta,1932) There are different factors in a country that are blamed for high rates of inflation in the product markets, these factors sometimes vary from markets to markets and from country to country. The factors are mostly determined and controlled by the level of a country’s performance in the international stock markets and money markets. The factors are as fluctuations in the real demand for goods and services or scarcity of goods and services and sometimes the change in the supply or the real demand for money. These two factors have brought a lot of controversies among the monetarists and Keynesians. The inflation in a country can be easily determined by measuring the different price indices and analyzing how these affects different people, these indices are the consumer price index which is used to measure individual consumer prices and the GDP deflator which measures the price associated with domestic production of goods and services. (kuznets,1932) History and records made shows that the United States has never seriously recorded high level of inflation, as it was in the 1970’s. This was recorded; inflation of the 1970’s was a marked deviation from America’s typical peacetime historical pattern as a hard-money country. We should expect America to continue to be a hard-money–low inflation–country in the future, at least in peacetime. (http://www. j-bradford-delong. net/Econ_Articles/woodstock/woodstock4. html ) The low rate of future inflation that we thus forecast changes the balance of macroeconomic risks and opportunities, the risk of debt-deflation-mediated recessions is somewhat higher because a low trend rate of goods-and-services price index inflation somewhat increases the chances of deflation. But it does not raise such risks as much as one might think. The failure of the Fisher effect to hold empirically means that a low inflation era will in all likelihood is a high real interest rate era. But such high real interest rates do not appear to significantly discourage investment or growth. The burst of inflation that struck the United States in the 1970s shapes much American thought about macroeconomic policy. The decade of the 1970s saw GDP-deflator inflation rates peak at nearly ten percent per year. It saw consumer price inflation rates peak at three or four percent higher. ( Because of the inflation experiences America has had a long war and strong policies to significantly inflation and to increase the GDP, this has been because hampered in the last five years, this has been because of the Iraq invasion five years ago, in economic terms, the wars in Iraq and Afghanistan now cost $275 million each and every day. Nearly half a trillion dollars has been spent so far. That’s $4,100 for every household in America. According to a recent Congressional Research Service (CRS) report, the average monthly cost reached $10. 3 billion in 2007, up from $4. 4 billion in 2004. By the end of 2009, the cost of the Iraq and Afghanistan wars could reach $1 trillion. ( http://www. marxist. com/usa/war-economy-elections. htm) The cost of the war even in a country as wealthy as the United States cannot endure this drain forever. Every dollar spent on the war is a dollar not spent here at home on health care, education, affordable housing, jobs, or repairing the country’s decaying infrastructure. The effects of the war are directly felt here at home. And this is during a so-called economic boom. The war has had a big effect on the US economy(http://www. marxist. com/usa/war-economy-elections. htm) The official declaration that the country has entered a recession usually doesn’t come until months after it actually begins, as the analysts from the National Bureau of Economic Research (NBER) look back over the facts and figures. But top economists from major Wall Street firms such as Merrill Lynch and Goldman Sachs think a tipping point into recession has already been reached. Even the number of unemployment rose sharply in December 2007 to 5. 0 percent, up from the cyclical low of 4. 4 percent in March. Also, the economy slowed dramatically in the fourth quarter of 2007, growing by just 0. 6 percent, with total growth for the year at just 2. 2 percent, the worst figure since 2002. Never in the last 60 years has such a sharp rise in unemployment, combined with such low growth, not led to a recession. (http://www. marxist. com/usa/war-economy-elections. htm) The housing and credit crisis has begun to spread to the broader economy. Defaults for adjustable rate loans issued in 2007 hit 11. 2 percent in November. This is twice the default rate for 2006. Most worrying is that none of these loans had yet â€Å"re-set† to the higher rate. This represents some 300,000 households, yet more people who will almost certainly lose their homes as a result of this crisis. Spending on new housing projects fell in 2007 by 16. 9 percent, the worst fall in 25 years. And as reported by Reuters, the services sector, which accounts for over two-thirds of U. S. economic activity, fell sharply in January, to levels not seen since the 2001 recession. The Reuters/University of Michigan index of consumer sentiment fell to 69. 6 in February from 78. 4 in January, the lowest reading since February 1992. The index has only been this low during the recessions of the mid 1970s, the early 1980s and the early 1990s. The Institute for Supply Management’s index for the non-manufacturing sector plummeted to 41. 9 from 54. 4 in December: a reading below 50 indicates contraction. The employment index fell to 43. 9 from 51. 8, corroborating the late January U. S. payrolls report, which showed the first net monthly contraction in the labor market in more than four years. While it is impossible to say exactly when or how deep or how long the slump will come, it already feels like it to millions of American workers (. http://www. marxist. com/usa/war-economy-elections. htm) This has already led to decreasing government revenues, and still Bush proposes a budget that tops $3 trillion for the first time in U. S. history. By Bush’s own estimates, it will lead to deficits of $410 billion in 2008 and $407 billion in 2009, bringing the overall Federal deficit to $5. 9 trillion, up from $3. 3 trillion when he took office. $2. 3 trillion of this debt is held by foreign banks and investors. ( http://www. marxist. com/usa/war-economy-elections. htm) The proposed American Budget would dramatically increase spending on the military and military aid to â€Å"key allies† around the world, in other words, countries that are actively repressing their own people to defend U. S. corporate interests. To pay for all of this, the government will have to further cut already depleted domestic programs such as Medicare and abolishing dozens of other social services programs. ( http://www. marxist. com/usa/war-economy-elections. htm ) Not surprisingly, the budget allocates $515 billion to the Defense Department, not including a separate request for billions more for the wars in Iraq and Afghanistan. Adjusted for inflation, this will be the largest military budget since World War II. This is a true â€Å"guns before butter† budget, an open declaration of increased militarism abroad and a further relentless attack on workers here at home. The American ruling class will expect more of the same ruthless cuts from the next Republican or Democrat to sit in the Oval Office. ( http://www. marxist. com/usa/war-economy-elections. htm) During such hard times for and at appoint in history that America is high in politics and this being an election year there are many people looking for an electoral solution to the serious and growing problems they face. While the Iraq War is still high on voters’ lists of concerns, the economy is now number one for voters of both main parties. Many youth in particular are looking to the Democrats, and especially to Barrack Obama. The Republicans’ almost-certain candidate John McCain has staked his entire political future on continuing the war in Iraq. But do the Democrats’ candidates offer anything even closely approximating the majority of Americans’ demand to bring the troops home now? (http://www. marxist. com/usa/war-economy-elections. htm) It is at this point in time that we live the whole life and the economic future of America in the sound political policies that will be fronted by the candidates. We believe we can change America. REFFERENCES Bradford DeLong and Etal (1999), America’s Historical Experience with Low Inflation http://www. j-bradford-delong. net/Econ_Articles/woodstock/woodstock4. html http://www. marxist. com/usa/war-economy-elections. htm retrieved on the 2nd June 2008 Kuznets Simon, (1934). â€Å"National Income, 1929-1932†. 73rd US Congress, 2d session, Senate document no. 124, page 7. http://library. bea. gov/u? /NI_reports,539