What Does a Number the Stars Essay Topic Cover?

What Does a Number the Stars Essay Topic Cover?Are you considering writing a number the stars essay topic? You will need to think about what the purpose of the essay is before starting. Is it going to be a personal or an academic essay? You need to find out what this needs to be before you start your process.Number the Stars Essay Topics is about finding different viewpoints on a particular topic. You may want to get a little bit of information from a number of different places. An example of a number the stars essay topic would be, 'Can we really live without morals? . This is a very important topic to consider because everyone else seems to be thinking that we all can live without them.'Just because the essay topic is about morals does not mean that the essay should just go into that, but you may be thinking you have to deal with issues regarding moral concerns in a paper. The essay topic can also be about ethics and so forth. Whatever your topic is, remember that the goal is to wr ite about topics that are meaningful to you.You may find it useful to write down some ethical decisions that you make and how you came to make those decisions. This can then be used in an essay as a basis for the essay and to show your thought process.So you have decided to write a number the stars essay topic. Before you start, ask yourself, 'What do I want to accomplish from this essay?'If you are writing for an exam, you need to focus on what is needed to get through your paper. Make sure you know that you need to gain something for your essay. It may also be a good idea to plan how long you plan to work on it.Number the Stars Essay Topics can be beneficial for many things. The better you know your topic the better you will be able to do in this kind of essay.

The Bear Came Over The Mountain By Alice Munro Essay

Love exists in the short story â€Å"The Bear Came Over the Mountain† by Alice Munro and in the short story â€Å"What We Talk About When We Talk About Love† by Raymond Carver. in Munro’s short story the plot is that of a mentally ill wife, Fiona, who falls in love with another patient while her husband still tries to hang on to their old love. Her husband eventually wants to have an affair with the wife of the man his wife is having an affair with. Their love changed because of their circumstances due to ill health. Carver’s story discusses the different definitions of love due to the type and quality of relationships; everyone has a different definition. Love also exists all over the world within different environments and cultures. The concept of love depends upon the environment in which it inhabits. Love is dependent on the life of the people in love and it also depends on their current environment. Nature and nurture are also huge factors into the d evelopment and process of love. What nature and nurture mean is whether it is due to how the person lives and acts along with their personality compared to whether it’s all in their genetics beforehand. Love is more on the nurture side instead of the nature side of human experience. In both short stories there is considerable discussion about love but in different ways. In Munro’s short story the love is discussed as it relates to the day to day actions and events. This is unlike Carver’s short story where the characters discussShow MoreRelatedEssay on Last Of The Mohicans1769 Words   |  8 PagesGeneral Webb has just gotten word from an Indian that Moncalm and the French are going to attack Fort William Henry and that Colonel Munro will not be ale to keep the fort because he only has one thousand men and that he (Webb) needs to send reinforcements immediately. Upon hearing this, he ordered fifteen hundred men to be ready to march at dawn and has Cora and Al ice Munro sent to their father at Fort William Henry accompanied by Major Duncan Heyward on horseback. They went along an Indian path whichRead MoreAway from Her- Evaluative Essay1123 Words   |  5 Pageshow the disease can greatly impact your life, and how quickly it can form. The film was based off of a short story â€Å"The Bear Came over the Mountain† by Alice Munro (Munro, 2013). In both works, the author and the director portray a significant struggle between a husband and wife dealing with Alzheimer’s. Summary of Story In the short story â€Å"The Bear Came over the Mountain† (Munro, 2013) and the film Away From Her (Egoyan, et al., 2006), both authors portray almost the same points. The main charactersRead MoreThe Past Is Our Definition1519 Words   |  7 Pagespast can shape one into an entirely different person. â€Å"Bear Came Over The Mountain† by Alice Munro is the tale of a couple’s distress as the wife, Fiona is diagnosed with Alzheimer’s disease. The story deals with Grant’s endeavours to cope with the predicament and bring elements of joy back into their 1 troubled lives. Even though the story seems to be preoccupied with the present situation of Grant and Fiona, â€Å"Bear Came Over the Mountain† is really concerned with the influence of the past. Read MoreAway From Her - A Film Review2047 Words   |  9 PagesThe film Away From Her, is a screenplay adaptation from the short story Bear came over the Mountain by Alice Munro. The story focuses around the relationship of Fiona and Grant, an Ontario couple married over 40 years. The couple is forced to face that fact that Fionas forgetfulness is actually Alzheimers disease. After Fiona wanders away and is found after being lost, she realizes that she can no longer live at home. Fiona has too much self-pride for herself, and too much pity for Grant, to subjectRead MoreStylistic Potential of the English Noun16714 Words   |  67 Pagessecond one by means of about 200 cases that have been taken from the works that belong to the belles-lettres style (tales, poetry, short stories) written by such famous English and American writers of 18-20 centuries as Blake W., ColeridgeS.T., Munro H., Poe A.A., Hemingway E., Salinger J.D, etc. The aim of this chapter is to put the considered theory into practice showing the way the phenomena have been dealt with work out. The examples are organized also according the four nounal categories

Analysis Of A Rose For Emily By William Faulkner

Bakari Copeland Bonni Miller Intro to Fiction – ENGL 204 December 15, 2015 1. Choose one story in which the setting is significant and discuss how the setting contributes to the central meaning of the story. In William Faulkner’s short story, A Rose for Emily, the southern town’s setting is a stark contrast to today’s society, where many elderly people live in poverty, receive little respect, and lose their family homes due to the inability to pay taxes. After the death of her father forty years earlier, Emily Grierson’s social and financial status plunged to the point where she was totally dependent on the good will of others to survive. In an act of mercy, or what the narrator refers to as â€Å"a tradition, a duty, and a care† (Faulkner 219), Miss Emily was exempt from property taxes from the time of her father’s death until her own death almost forty years later. Despite, the new regime’s multiple demands for tax payment, Emily never complied, due to her sense of entitlement and obvious lack of resources. The town’s view of Emily as a â€Å"fallen monument† (219) of the Confederate south, enabled her to avoid any legal action. Ironically, the sense of duty for Emily’s care also extended primarily to her black servant Tobe. The author refers to black workers as Negro and niggers several times in the text to ensure the reader is fully aware of the mindset of the townspeople during that time period. However, it is the Negro â€Å"servant† Tobe that brings Emily food and suppliesShow MoreRelatedAnalysis Of A Rose For Emily By William Faulkner And A Rose For Emily1023 Words   |  5 Pagesshort stories are told are essential literary elements to â€Å"likes† by Sarah Shun-lien Bynum and â€Å"A Rose for Emily† by William Faulkner. The settings in both story provide the reader with context in order to understand the conflict within both stories. Also the point of view the narrator in each story narrates from gives the reader an understanding between both conflicting sides of the story. A further analysis of the global temporal setting, the global geographic setting and the point of v iew will explainRead MoreA Rose For Emily- Rhetorical Analysis. William Faulkner802 Words   |  4 PagesA Rose for Emily- Rhetorical Analysis William Faulkner was an American writer from Oxford, Mississippi. He wrote short stories, plays, essays, and screenplays. He is mainly known for his creative imaginary stories that were based on Lafayette County, Mississippi where he spent most of his life. Faulkner is one of the most celebrated writers in American literature and especially Southern literature. He spent majority of his childhood years sitting around listening to his elders and family membersRead MoreAnalysis Of A Rose For Emily, And A Rose For Emily By William Faulkner1004 Words   |  5 PagesWilliam Faulkner once said, â€Å" We must be free not because we claim freedom, but because we practice it.† American history has come a long way, comparing present day to the past many can see a drastic difference. In a historicist perspective, a short story that captures this country’s past is William Faulkner’s A Rose for Emily written and published in 1930 and was William Faulkners first short story t o be published in a national magazine. The critics and the public view the reading somewhat wellRead MoreAnalysis Of A Rose For Emily By William Faulkner953 Words   |  4 Pages ¨A Rose for Emily, ¨ written by William Faulkner, is a short story that follows the protagonist, Emily Grierson, through a variety of time-lapses within her life. Oddly enough, the beginning describes the death of this character and the funeral held in her home that the whole town attends. As described in the story, Emily’s house was one of the last that existed from an era of elegance and class. However, as time passed, the house became run-down and a shamble of what it used to be. It was said thatRead MoreCharacter Analysis of Emily Grierson in A Rose for Emily by William Faulkner757 Words   |  3 Pagesthis was a salute ... to a woman you would hand a rose† (Outà ³n 63), this is how William Faulkner is quoted when explaining the meaning for the title of his short story, â€Å"A Rose for Emily.† In his short story, Faulkner summarizes the life of a forsaken woman, whom, while heavily respected by her town, is also quite pitied. Faulkner works to give the reader a sense of empathy towards his character while he describes the tragedy that is her life. Emily Grierson, is eventually found to not be the onlyRead MoreAnalysis Of A Rose For Emily By William Faulkner949 Words   |  4 Pageswe think it’s awful. But back then; men didn’t see it as a problem. It was normal to them. The reason why I enjoyed both of these stories was because it opened my eyes on how cruel man can be to his woman counterpart. â€Å"A Rose for Emily† was quite interesting. In the story, Emily was a traditionalist. Before her death, she fought not to have metal numbers on the side of her house when the postal service was introduced in the town. With a growing town, it was as if Emily’s house was the last vestigeRead MoreEssay on Prose Analysis â€Å"a Rose for Emily† William Faulkner1085 Words   |  5 PagesProse Analysis â€Å"A Rose for Emily† William Faulkner The two female cousins came at once. They held the funeral on the second day, with the town coming to look at Miss Emily beneath a mass of bought flowers, with the crayon face of her father musing profoundly above the bier and the ladies sibilant and macabre; and the very old men --some in their brushed Confederate uniforms--on the porch and the lawn, talking of Miss Emily as if she had been a contemporary of theirs, believing that they hadRead MoreAnalysis Of William Faulkner s A Rose For Emily 1099 Words   |  5 PagesNora Del Bosque†¨ Comp II†¨ O’Connell†¨Paper #2 â€Å"Deceiving Looks† In â€Å"A Rose for Emily†, William Faulkner tells the story of an sad and lonely lady, stuck in her time. Because her father died, she never fully recovered from it and was not able to find herself. Emily’s house was in the past was considered elegant and was built on the best street in town in the 1870’s. Now the house is old and an unattractive building to the neighborhood. People in her town begin to bad mouth her because of her lostRead MoreAnalysis Of William Faulkner s A Rose For Emily1526 Words   |  7 PagesWilliam Faulkner uses theme, imagery and symbolism to highlight the decline of the South in his short story â€Å"A Rose for Emily.† William Faulkner is the author of â€Å"A Rose for Emily.† In â€Å"A Rose for Emily† the story starts off at Emily’s funeral, and the whole town is there too. The men went out of respect for losing a person who had been a citizen of Jefferson for a long time, and the women went because th ey wanted to see what her house looked like because only a select few have seen it in the lastRead MoreCharacter Analysis in A Rose for Emily by William Faulkner1255 Words   |  6 PagesA Rose for Emily by William Faulkner is located in Jefferson, a small Southern town during the post- Civil War era. The story revolves around the eccentric and catastrophic events of Miss Emily Grierson’s life. At a first look, Miss Emily seems like a lonely woman with little self-confidence and low self-esteem, which is due from her father’s upbringing. There had to be some kind of neglect by her father because he made her lived such a sheltered life. He made her think that nobody was good enough

Responsibility Accounting and Transfer Pricing - 1021 Words

Managerial Accounting and Controls Reporting Responsibility Accounting and Transfer Pricing in Decentralized Operations 1. When are decentralized operations appropriate? 2. How does responsibility accounting relate to decentralization? 3. What are the differences among the four types of responsibility centers? 4. What is suboptimization and what are its effects? 5. How and why are transfer prices for products used in organizations? 6. What are the differences among the various definitions of product cost? 7. How and why are transfer prices for services used in organizations? Centralization Decentralization Authority in Organizational Structure Factor Pure Centralization Pure Decentralization†¦show more content†¦Examples are: †¢ Quality †¢ Customer service †¢ Efficiency †¢ Cost control †¢ Responsiveness to change Suboptimization Suboptimization exists when individual managers pursue goals and objectives that are in their own and/or their segments’ particular interests rather than in the company’s best interests. †¢ Top management must be aware that suboptimization can occur and develop ways to avoid it †¢ Primary way to limit suboptimization is by communicating corporate goals Transfer Price A transfer price is an internal charge established for the exchange of goods or services between organizationalShow MoreRelatedResponsibility Accounting Transfer Pricing - Shuman Automobiles, Inc1577 Words   |  7 PagesResponsibility Accounting Transfer Pricing - Shuman Automobiles, Inc Facts of the Case: 1. Clark Shuman, owner and general manager, plans to retire and relinquished his control over the company 2. Business has been doing good with an emphasis of selling new cars as the principal business of the dealership 3. He created three independent departments, namely new car sales, used car sales, and service department. 4. Salary is dependent on each departments gross profit 5. Upon the take overRead MoreCritically Evaluate Roi and Eva Encourages Short Term Decision Making in Managers2746 Words   |  11 Pagesperformance of profit centres, for investment centres many firms employ measures that are based on profit and invested capital(McGraw-Hill Higher Education). C. Drury (2008) argues that performance measurement is one of the key functions of management accounting. Neely, Adams amp; Kennerly (2002) has defined performance measurement as the following: â€Å"The process of quantifying the efficiency and effectiveness of past actions.† Within this definition is a reference to non-financial measures, defined byRead MoreExcello Commuminations1426 Words   |  6 Pagespractice by the AICPA and GAAP. The CFO approaches his accounting department with the expectation that they come up with a solution to this problem. The accounting department is well aware of the rules and guidelines in place when it comes to revenue recognition, but as a team come up with three possible scenarios. One, to transfer this order to an offsite warehouse to hold until 2011, creating the perception that the product was sold. Two, transfer the product to Data Equipment Systems on DecemberRead MoreGlobal Interdependence And The Existence Of Large Multinational Enterprises Create A Need For Global Accounting1176 Words   |  5 PagesGlobal interdependence and the existence of large multinational enterprises create a need for global accounting. Multinational corporations are companies that carry out business in more than one country other tha n their home. Companies go global for many reasons: to increase sales, improve profits and innovation. Decentralization is essential for the creation of large firms, because CEOs are otherwise constrained in the number of decisions they can make directly -- it is therefore critical for enablingRead MoreManagement Control System Essay1009 Words   |  5 Pagesthere are conflicts over transfer prices of parts sold by the product divisions to the AM divisions. The problem arises when the part being transferred is an AM division part. Usually the transfer prices are based on the outside OEM market prices but here it is not possible because the part has never been sold by Abrams on the OEM market. So, there is not any historical cost. This part is exclusively sold by the AM division.   The internal policy concerning the transfer pricing based on the outside OEMRead MoreMANAGEMENT CONTROL SYSTEMS, TRANSFER PRICING, AND MULTINATIONAL CONSIDERATIONS4428 Words   |  18 Pages CHAPTER 22 MANAGEMENT CONTROL SYSTEMS, TRANSFER PRICING, AND MULTINATIONAL CONSIDERATIONS LEARNING OBJECTIVES 1. Describe a management control system and its three key properties 2. Describe the benefits and costs of decentralization 3. Explain transfer prices and four criteria used to evaluate them 4. Calculate transfer prices using three different methods 5. Illustrate how market-based transfer prices promote goal congruence in perfectly competitive markets 6. Avoid makingRead MoreManagerial Accounting Review Ch 8 121760 Words   |  8 PagesAgenda – Submit term projects to TURNITIN ASAP – Assignment #2 due April 1st 1159pm †¢ List the coauthor’s name in the subject line. †¢ Teaching Evaluation †¢ Transfer pricing (cont.) – Stanco Inc. †¢ Review chapters 11 and 12 the practice final – Practice Q1 and Q2 †¢ Review chapters 8 and 9 and the practice final – Practice Q3 and Q4 ACTG 2020 Week 11 1 †¢ Online Course Evaluations (ONCE)/ Seymour Schulich Teaching Excellence Awards (Schulich TEA) – TEA: http://schulich.yorku.ca/tea. – ONCE:Read MoreBank Cost Accounting4758 Words   |  20 Pageselevance of Managerial Concepts in the Banking Industry by Zabihollah Rezaee Ph.D., CPA, CMA, INTRODUCTION In the past, bank accountants paid little or no attention to the use of managerial accounting concepts in the banking industry. Viewing managerial accounting from the perspective of the banking industry provides a unique opportunity to explore the development of the internal reporting structure. While the use of internal cost and profitabiHty reports is widespread in merchandising, manufacturingRead MoreManagement Advisory Services Review2269 Words   |  10 Pagesmanagement accounting; financial management–related services; capital budgeting concepts and techniques; and project feasibility studies. Each examination will contain a minimum of 50 and a maximum of 70 multiple choice questions, allocated to the different subject areas, as indicated below. 1.0 Management Accounting-Related Services 1.1 Role, historical perspective, and direction of management accounting a. Objectives, scope, relationship with financial accounting and cost accounting; role and activitiesRead MoreThe Impact of Contingencies on Management Accounting System Development.1725 Words   |  7 PagesManagement Accounting SYSTEM 1 3.0 THE IMPACT OF CONTINGENCIES ON MANAGEMENT ACCOUNTING SYSTEM DEVELOPMENT 2 ( i ) Environment 2 ( ii ) Strategies and mission 3 ( iii ) Technology 4 ( iv ) Firm interdependence 4 ( v ) Business unit, firm, and industry variables 5 ( vi ) Knowledge and observables factors 5 ( vii ) Culture 6 4.0 Summary and Conclusions 6 5.0 REFERENCE BOOKs 7 1.0 INTRODUCTION The management of a company needs to develop cost and management accounting systems

Accounting Case Essay - 1930 Words

Seligram, Inc.: Electronic Testing Operations 1. What caused the existing system at ETO to fail? 2. Calculate the reported cost of the five components listed in Exhibit 6 using: a. The existing system. b. The system proposed by the accounting manager. c. The system proposed by the consultant. 3. Which system is preferable? Why? 4. Would you recommend any changes to the system you prefer? Why? 5. Would you treat the new machine as a separate cost center or as a part of the main test room? Bridgeton Industries: Automotive Component Fabrication Plant 1. The official overhead allocation rate used in the 1987 model year strategy study at the Automotive Component and Fabrication Plant (ACF) was 435% of direct†¦show more content†¦(2) if the manifold product line is dropped. Explain any additional assumptions you make in preparing your estimated model year budgets. b. What will be the overhead allocation rate under the two scenarios? 6. Would you outsource manifolds from the ACF in 1991? Why, or why not? What more information would you want before reaching a final decision? Destin Brass Products Co. 1. Use the Overhead Cost Activity Analysis in Exhibit 5 and other data on manufacturing costs to estimate product costs for valves, pumps, and flow controllers. 2. Compare the estimated costs you calculate to existing standard unit costs (Exhibit 3) and the revised unit costs (Exhibit 4). What causes the different product costing methods to produce such different results? 3. What are the strategic implications of your analysis? Could the production process for flow controllers be changed in such a way to allow Destin Brass Products to reduce the unit cost of flow controllers? How would the change in the lot size for flow controller production affect unit costs? Has Destin Brass Products adopted the most profitable distribution system in the flow controller market? What actions would you recommend to managers at Destin Brass Products Company? 4. Assume that the interest in a new basis for cost accounting at Destin Brass Products remains high. In the following month, quantities produced and sold, activities, and costs wereShow MoreRelatedA Case Of Accounting Fraud1555 Words   |  7 Pagesmajor case of accounting fraud driven by the desire to build and protect one’s personal financial condition is the WorldCom debacle. Bernie Ebbers had to show continually growing net worth in order to avoid margin calls on his own WorldCom stock that he had pledged to secure loans. When WorldCom, the telecommunications giant, failed and was put into bankruptcy, the U.S. witnessed the largest accounting frauds in history. Former CEO, Bernie Ebbers, was convicted of orchestrating this accounting fraudRead MoreManagement Accounting Case Study2102 Words   |  9 PagesManagement accounting systems Case Analysis: HSBC Bank Student Name: Course: Academic Year: Module: Date of Submission: Executive Summary Management accounting over the years has really emerged very significantly in the field of banking and finance. There are numerous objectives and significance that has been reflected in numerous literatures mentioning the primary strategic and management significance management accounting has brought to the table in the field of international finance. AsRead MoreAccounting Case1317 Words   |  6 Pages2011 $ 5,500 -4,000 -8,500 -1,000 $ -8,000 $0 $ 30,000 $ 22,000 7,400 $ 29,400 eBook Links (3) Learning Objective: 02-04 Explain how the statement of financial position, often referred to as the balance sheet, is an expansion of the basic accounting equation. Learning Objective: 02-05 Explain how the income statement reports an enterprises financial performance for a period of time in terms of the relationship of revenues and expenses. Learning Objective: 02-06 Explain how the statement ofRead MoreCase Study for Management Accounting36912 Words   |  148 PagesCASES FROM MANAGEMENT ACCOUNTING PRACTICES Table of Contents Case 1: Case 2: Bal Seal Engineering Robin Cooper Bill’s Custom Planters William Stammerjohan Deborah Seifert Dublin Shirt Company Peter Clarke in assoc. with in assoc. with Paul Juras Wayne Bremser ECN.W William Lawler Endesa Gary M. Cunningham Scott Ericksen Francisco J. Lopez Lubian Antonio Pareja Kincaid Manufacturing Jon Yarusso Ram Ramanan Osram.NA John Shank Lawrence Carr William Lawler Pleasant Run Children’s Home Brooke E. SmithRead MoreCase for Accounting Class1401 Words   |  6 Pagesresultant comment letter process. Furthermore, revenue recognition is often prey to financial fraud. Coverage of revenue recognition in intermediate accounting courses is typically limited to learning and applying the criteria for revenue recognition outlined in the Financial Accounting Standards Board’s (FASB) Statement of Financial Accounting Concepts No. 5, Recognition and Measurement in Financial Statements of Business Enterprises, to routine transactions and topics, such as long-term constructionRead MoreCase Study Questions On Management Accounting1670 Words   |  7 PagesAssessment 2 – Management accounting written assignment NEXT Plc Case Student ID Number: 1423839 May 2016 Contents 1. Introduction 3 2. Background 3 3. Review of management accounting 4 4. The key management accounting techniques and methods for NEXT Plc 5 4.1 Planning and Budgeting: 5 4.2 Balance scorecard 5 4.3 Cost-volume-analysis 5 5 The analysis’s strengths and weaknesses 6 5.1 Strengths 6 5.2 Weaknesses 6 6 Conclusion 7 References 8 â€Æ' 1. Introduction Management accounting in the recent daysRead MoreThe Case About Accounting Fraud At Worldcom1964 Words   |  8 Pagesthe analysis of the case about Accounting Fraud at WorldCom Group member: Weichuan Xu Miao zhou 1. What are the pressures that lead executives and managers to cook the books? Firstly, one of the pressure is the company’s goal that was made by the top executive Ebbers. There is an economic recession and the bubble collapse which make the conditions deteriorate in 2012. He thinks that the company should focus on being the NO.1 stock on Wall street rather than the company’s really good operationRead MoreAccounting Case : Tijuana Bronze Machine2779 Words   |  12 Pages Accounting Case: Tijuana Bronze Machine Name: Course: Professor: Date Due: Introduction Tijuana Bronze Machining was founded in San Diego, California in 1984 by its current president Herb Alpert. It specializes in the cutting of precious stones and the manufacture of pump parts, valves and flow controllers. 1. Exhibit 1a Product Cost Per Unit Valves Pumps Flow Cont Total Material ($) 16 20 22 58 Run Labor hrs 0.25 0.5 0.4 1.15 Machine hrs 0.5 0.5 0.2 1.2 Receiving O/H 0.1 0.3Read MoreAccounting (Managerial) 530 Portfolio Case Study978 Words   |  4 PagesAccounting (Managerial) 530 Portfolio Case Study Imagine you are applying to become a trainee in a management consulting company, Solutions Inc., which claims to deliver innovative solutions. They are looking for innovative employees who engage with their work. The selection process will be rigorous. You know you will be asked to submit reports based on questions regarding your knowledge of management accounting practice and strategic management accounting. To provide a context for the reportsRead MoreAccounting Microline Case1418 Words   |  6 PagesMemorandum To: Sharon Sonneborn From: Date: 9/9/2012 Re: Potential Acquisition of Garmin Ltd. And Subsidiaries Garmin Ltd is under consideration for acquisition by Mega Industries. As a result, an assessment of Microline’s financial condition and assessment is necessary to evaluate the company as a suitable candidate. Our team has prepared a memo stating Microline’s earning power potential , solvency position, and to which extent the companies financial statements reflect the true

American Revolution Causes and Importance - 1099 Words

Question: Discuss the causes of the American Revolution. Which cause was most important? Why? Mariah Gutierrez History 1301 Professor Harris September 29, 2013 The American Revolution was a major war within America that got the United States their independence and showed others that they were not a weak nation. There were many causes that lead up to this war and had a great effect on it. The first war we see is the French and Indian War (1754-1763), also called the Seven Years War; this war was fought between the French and the British over territory.1 The British were defeated by the French and therefore became an ally with the Indians, bringing them into the war.2†¦show more content†¦The colonists desired to have their own nation, but the British government continued to place laws and rules over them so they would not lose rule over them. First they were taxed for printed papers they used, but they did not submit to that law. Next they were being taxed on imported good, which they also denounced and began to not take the imported goods from the British (boycott). The colonists were tired of having the British government ruling over them and not allowing them create their own laws and systems. They finally took a stand and had created a war that won them their independence. The end of the war was a time for rejoicing for the Americans proved that they could stand up for themselves and are a nation of their own. They no longer needed any one to rule over them, they were able to rule over themselves. From this war the Americans created many laws and documents pertaining to their independence and laws to help them better their nation. America is what it is today due to this war! Notes 1. U.S Department of State Office of the Historian, â€Å" French and Indian War/Seven Years’ War, 1754-63†, http://www.history.state.gov/milestones/1750-1775/FrenchIndianwar, (accessed September 22, 2013) 2. Ibid. 3. History, â€Å"Stamp Act†, http://www.history.com/topics/stamp-act, (accessed September 22, 2013). 4. History, â€Å"Townshend Act†, http://www.history.com/topics/townshend-acts, (accessed September 22,Show MoreRelatedAnalysis Of Forced Founders By Woody Holton1261 Words   |  6 PagesSlaves, and the Making of the American Revolution in Virginia, Woody Holton argues that the causes of the Revolutionary War are different than what most people once concluded. Although many Americans believe that George Washington and Thomas Jefferson are the men who led this revolution, Holton brings up a new theory on how the war began. As Holtons title states, he believes that Indians, debtors, and slaves had a bigger role in the making of the American Revolution. Throughout the entire novelRead MoreHow Revolutionary Was the American Revolution?1701 Words   |  7 PagesThe American Revolution would lead one of the greatest countries in the world. A superpower, at the forefront of innovation. It would become an example, a beacon, for freedom, and liberty everywhere. But how much of this was really due to the American Revolution? The American Revolution was truly revolutionary in many ways, including the new ideas of Political Equality of the Classes, Inalienable Rights, and Consent of the Governed. The American Revolution caused the movement of Political EqualityRead MorePaving the Way for the American Revolution Essay633 Words   |  3 PagesThe American Revolution paved the way for democratic rule in nations and ignited the spreading of the idea throughout the whole world. However, the events that led up the spark of the revolution have been varied in their importance by historians. Some historians believed that the revolution was an external event whose primary cause was the political differences between the colonists and their British rulers. While others, were more concerned with the economic and social aspects of the American RevolutionRead MoreEssay on Causes of the American Revolution612 Words   |  3 Pages From 1763, Americans had only to be convinced that an arbitrary ruler- whether Parliament or King-was violating their inherent rights, to feel that rebellion was justified. This conviction was bred in them by the series of events that occurred between 1763 and 1776. The language used to protest the British Acts was legal, and political. But the primary cause of the Revolution was economics. In theory the colonists accepted the principle that natural laws rather than royal decreesRead MoreEnlightenment And The Great Awakening814 Words   |  4 Pageseconomic and political freedom. American and British tensions grew in this time period due to Britain wanting America to be under the king’s control. Enlightenment, the Great Awakening, the Founding Fathers, and different social groups changed the ideas of freedom and equality. During the American Revolution, the idea of freedom changed from Enlightenment and the Founding Father’s ideas of economic freedom, to equality in social groups such as slaves, Native Americans, and woman. Enlightenment andRead MoreThe French Revolution And The American Revolution1184 Words   |  5 PagesA revolution is not an event that comes around every few years. In fact, for an event to be considered a revolution that event must bring about significant political, social, ideological, religious or even technological change. Throughout history there have been some very noteworthy revolutions such as the Agricultural Revolution, the American Revolution, and the French Revolution. Of all the revolutions in history, it is perhaps the French Revolution that remains the most romanticized in the mindsRead MoreThe Industrial Revolution And The War Of 18121461 Words   |  6 PagesIndustrial Revolution resulted in a shift from agriculture to industrial factories. In the United States, there were two phases of the Industrial Revolution. The first revolution, which happened between 1776 and 1789, was somewhat similar to Britain s Industrial Revolution and more political. The second phase of the American Industrial Revolution, which happened from 1860 to 1900, was not only political but also led to great improvements of the economy and society. The Industrial Revolution first beganRead MoreOut Break of the American Revolution1076 Words   |  5 PagesOutbreak of the American Revolution 2 The connection between Britain and the English colonies was that of the ruling of the colonies by the king of Britain, King George III and his parliament. The king’s ruling was very unfavorable for the colonists because of his tyrannic dictatorship and unjustly taxations. The mere thought of an island ruling an entire continent thousands of miles away with poor communication and lack of supervision of the colonies by the king, did not work in favor of theRead MoreIntroduction Of The American Industrial Revolution1467 Words   |  6 PagesIntroduction of the American Industrial Revolution: The Industrial Revolution resulted in a shift from agriculture to industrial factories. In the United States, there were two phases of the Industrial Revolution. The first revolution, which happened between 1776 and 1789, was somewhat similar to Britain s Industrial Revolution and more political. The second phase of the American Industrial Revolution, which happened from 1860 to 1900, was not only political but also led to great improvements ofRead MoreThe Identity Of The American Revolution1527 Words   |  7 PagesThe identity of the American colonists prior to the American Revolution was still work in progress because there were certain events that helped shape their identity and led to the American Revolution. The American colonies were trying to break away from the British control because they wanted to become independent and be their own nation. Once the British began to realize the intentions of the colonists, they began to create laws, acts, and other forms things to keep t he colonists under their control

The Vision And Purpose Of A Starting Entrepreneur

The Vision and Purpose The vision of a starting entrepreneur is to purchase an ecommerce system to help market her virtual thrift store targeting women between the ages of 15 through 60. The store will offer fashionable and affordable clothing, costume jewelry, shoes, purses, scarves and purses. The entrepreneur read the â€Å"11 Common Ecommerce Mistakes -- and How to Fix Them† by Jennifer Lonoff Schiff and wants to take her advice. Following the majority of the instructions provided by Lonoff’s article the thrift store owner would like to act upon 9 out of 11 key check marks. She wants to focus on the following: a secure ecommerce site protected by HTTPS, seamless site navigation, good quality product images, add product descriptions, a very easy and fast check out process, multiple carrier options, a mobile optimized version of the site, to make the content sharable on social media and having visible contact us information. The purpose of this paper is to explore a world of ecommerce platf orms and to choose one that satisfies all of the owner’s needs. The Challenge One of the major tasks this aspiring entrepreneur has to focus on before launching her new business is to find the absolute best information system technology available. Business owners should know exactly what they want their IS platform to do for them before they unveil their business to customers. Clarity and trust on their vision will help select the appropriate tools. However, when an entrepreneur creates aShow MoreRelatedThe Practice Of Entrepreneurship Through Time And The Global Enterprise1642 Words   |  7 Pagestime and resources, and vision with the overarching goal of holistic success and autonomy (Arthur Hisrich, 2011). The entrepreneur exudes behaviors which foster initiative, orchestrate options, and accept responsibility for the success or failure (Arthur Hisrich, 2011). Entrepreneurship has transformed the global marketplace and imprinted all disciplines. Therefore, a balanced discussion on identifying features, characteristics, and venues of consequence for an e ntrepreneur will drive the directionRead MoreMarketing Plan For A Global Business Essay1585 Words   |  7 Pages The following are some of those advantages: managers and entrepreneurs have access to a larger talent pool for possible employment; natural resources are abundant both labor and supply; the possibility for growth is enhanced; and with that comes the possibility for increased profit. In order for entrepreneurs and managers to reap the benefits of a global business, they must first structure a business plan based on their strategic vision to incorporate a more globally focused business process. Read MoreAnalysis Of The Book Art Of The Start 2.0 1535 Words   |  7 PagesEven the thought of starting a business one day and investing your time and money to see all the efforts burn to the ground paralyzes many from pursuing their dreams. Everyone has at least one brilliant idea in them that if they were equipped and felt confident in pursuing it, it could certainly change their lives and the world. So why don’t people do it? Maybe it’s just that. Many people don’t know where to begin when it comes to starting a business. Guy Kawasaki, author of â€Å"Art of the Start 2.0†Read MoreMy Interest in Studying Entrepreneurship835 Words   |  4 Pagesearly age with entrepreneurship with the express purpose of ensuring that innovation and entrepreneurship will thrive in the future (Mark). I want to become a successful entrepreneur because it has always been a dream of mine to become self-employed. I believe I have the leadership, passion, courage, vision, and persistence to start my own business and be successful. The corporate landscape is ever-changing, presenting new challenges for entrepreneurs (Hanna, 2012). According to Lisa Mitchell, ViceRead MorePersonal Statement : Personal Business Plan1532 Words   |  7 PagesMission Statement: As a graduate student in Electrical Engineering and having a business background in my family, becoming an entrepreneur and starting a new venture has always been my ultimate dream. Becoming an entrepreneur requires resilience, self-reliance, focus and vision, ability to handle pressure during the lows, positive approach towards every idea. As an entrepreneur, I have the ability to withstand every stone thrown at me and I can convert them into milestones. I am planning a startup ventureRead MorePrinciples Of Business Management Assignment Unit One1231 Words   |  5 Pagessuggests that mobilizing others to need to moved toward a typical goal. According to Pedraz, J. (2014), â€Å"An economical leader can be a one who creates an exalting vision of the future, Motivates and urges up people to act thereupon vision, Manages delivery of the vision, and Coaches and builds a team, so as that it s easier at achieving the vision. Leadership brings conjointly on the abilities needed to do to try to these items†. Nice leaders facilitate build organization’s human capital than inspiringRead MoreLeadership Theories And Philosophies Of Case, Kouzes, And Drucker1689 Words   |  7 PagesDrucker including how their principles/strategies relate to the new definition of entrepreneurial leadership. I will discuss my leadership style and how it compares to the leadership theories discussed. In addition, I will discuss how as a new entrepreneur I would use the resources available through the U.S. Small Business Administration and SCORE. Finally, I will explain what personal principles of leadership I would create and the reasoning behind those principles. Common Elements, TheoriesRead MoreInnovation, Entrepreneurship, And Innovation1559 Words   |  7 PagesInnovation, Entrepreneurship, and Intrapreneurship 2 INTRODUCTION Innovation, entrepreneurship and intrapreneurship is bringing your vision, creativity to life while building something of value that customers are willing to pay for. Bill Aulet, managing director in the Martin Trust Center for MIT Entrepreneurship at MIT, lectures on IDEs â€Å"innovation-driven enterprises†, high growth potential and competitive advantage thatRead MoreInnocent Drinks : A Company1294 Words   |  6 Pagesmillion, but still had control over the company. However, in April 2010 Coca-Cola increased their stake in the company from 18% to 58% for around  £65 million. Then again in February 2013 Coca-Cola increased the stake to over 90% leaving the three entrepreneurs with little minority holding. Success: After a successful turn out at a festival in London, Innocent drinks are the number one smoothie drink in the Uk with a turnover of more than  £60 million, this is due to the entrepreneur’s ambition and goodRead MoreHow to Start and Manage a Successful Business1627 Words   |  7 Pagesan aspiring entrepreneur that wants to start a new business, they have to make sure that they have a well thought out business plan. Planning is the most critical part of the process because it sets the stage for success. The first step involves a personal evaluation of readiness, motivation, and commitment. In consideration of the high failure rates of new businesses, there are no guarantees. Therefore, thorough evaluation of oneself is necessary to determine if being an entrepreneur is the right

Serial Murder free essay sample

The Federal Bureau of Investigation (FBI) defines serial murder as â€Å"three or more separate events in three or more separate locations with a cooling off between homicides† (Douglas, Burgess, Burgess Ressler, 1992). The FBI definition however, makes no allowance for killers such as Jeffery Dahmer, who murdered all of his victims in the same place. The National Institute of Justice (NIJ) published a broader definition in 1988, describing serial murder as â€Å"a series of two or more murders, committed as separate events, usually, but not always by one offender acting alone.The crimes may occur over a period of time ranging from hours to years† (Newton, 2006). High profile investigations such as serial murder present multiple challenges for law enforcement. Identification of a homicide as a series presents the largest challenge. In the past, the first indication that a serial murder was at work was when more than one homicide could be linked through forensics or behavioral evidence. We will write a custom essay sample on Serial Murder or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Due to extensive media coverage of high profile cases involving low risk victims, a homicide as a series has become easier to identify.In contrast, identifying a series involving high risk victims in multiple jurisdictions is much more difficult. This is primarily due to the victims high risk lifestyle and their transient nature. Lack of communication between the different law enforcement agencies and their different types of record management can also play a huge par in linking cases to a common offender. UNIT 4 3 While offenders in the United States account for 85 percent of all serial killers who have been indentified, such crimes have never been restricted to the United States (Newton, 2006).Police in Rostov, Russia faced a serious problem in the 1980s. The city was home to a killer who kidnapped girls and boys alike from local railroad depots. Detectives had no clue as to his identity. He became known as â€Å"The Rostov Ripper†. Further hampering the detectives were the tenets of Soviet Communism with Russia’s conversion to a socialist state in 1917. This had created a â€Å"workers paradise,† in which no major crimes occurred. Because of the existence of a â€Å"Western-type† killer embarrassed communist leaders, police had to search for him secretly, without alerting the public (Newton, 2006).The police could not even admit there was a serial killer. It took 10 years and 53 lives before they caught him. Arrested on November 20, 1990, Andrei Chikatilo confessed to 53 separate murders. Profiling is a matter of research and educated guesswork. In the beginning of the 1980s, the FBIs Behavior Science Unit – Now called Investigative Support Services – interviewed dozens of serial killers in prison. They collected background information, motives, their selection of victims and methods used to kill. The end result was a classification of killers into two categories or groups, organized and disorganized. The FBI soon realized that their system of classification did not cover all serial murders so, they added a third category for mixed offenders. Ted Bundy is a prime example of a mixed offender. Former FBI agent, John Douglas is America’s best known profiler. Douglas profiled hundreds of unsubs during his 18 years at Quantico. In his various books, he presented profiling as a great success.However, in fact, when all the details of the case are analyzed, profiles are remarkably accurate but, they rarely, if UNIT 4 4 ever produce an arrest. Unlike CSI, Criminal Minds and, all the hard work by Douglas and his successors, it remains up to the local police to collect evidence and link it to a suspect. In May 1985, the FBI introduced its computerized Violent Criminal Apprehension Program (VICAP). The system was designed to link unsolved crimes by collecting signature details from thousands of cases nationwide.To make the system work however, homicide detectives must fill out a questionnaire describing every detail of a crime and then submit it to the FBI for analysis. While VICAP has been useful in linking certain unsolved crimes, no killers have been caught by the system. Canada launched a new program in 1993, the Violent Crime Analysis Linkage System (ViCLAS). Since its inception, it has warned Canadian law enforcement to 20 active serial killers. Homicide investigators in Australia, Austria, China, and Sweden, as well as several U. S. states use ViCLAS.Serial killings are rare, probably less than one percent of all murders (NCAVC, 2005). They do however receive a lot of attention. We see it in the news, read it in the papers and, pay to see it on the big screen. Unfortunately, a lot of the information we the public see is wrong. Yet, the public, the media, and yes, even law enforcement who have limited experience with serial murder believe what they see and hear. This information can hinder an investigation. According to experts, there is no common thread tying several killers together. No single cause, no single motive, no single profile

Cultural Differences between China and Europe

Question: Describe about cultural differences between China and Europe? Answer: Introduction: Globalization has become a major trend of the business environment, with companies looking for opportunities to enter global markets. Globalization is a worldwide faction towards , financial, trade and economic infrastructure integration. International Business is a name given to the business conducted by the companies or corporations in the universal market. International business needs more business insight than directing a home company. Economic Globalisation is the incorporation of national economy with the international economy with the help of trade, capital flows, migration foreign direct investment, and extend of technology. International Human Resource Management: Globalization has become essential to the companies around the globe; they also understand that one of the most important elements of globalization is the ground of Human Resource Management. Taking the very concept of globalization in mind, one may wonder how Human Resource management can be internationalized. The role of international HR professionals is to apply the basic concepts of human resource management globally. The last decade saw the initiation of internet and e-commerce, which has alleviated the flow of goods and services. This has initiated the rate at which internalization has impacted the role of Human Resource Management. It has already unlocked new opportunities for the liberation of international Human Resource services. The human resource practices and policies determine important aspects of organizations functions and activities. It can determine the degree to which Multi National Enterprises can become geocentric, polycentric or ethnocentric. In ethnocentric Mul ti National Corporations, the HR policies and practices are intended and developed at their head quarters and then practiced all around the world. The HR managers and Expatriates belong to the parent country but strategic decisions, as well as that pertaining to Human Resources in geocentric or Multinational companies are actually taken regardless of geographic boundaries. These HR policies and practices are intended and developed from inputs all around the globe. Since many years, much of the literature of International Human resource management has focused on the issues related to expatriation. The expatriates are sent like corporate missionaries, by the headquarter around the world to their various branches in different countries for various other functions. They provide managerial or technical expertise and assist to control operations. They also develop the regional offices as well as their branches. The ever-changing issues of expatriates are a matter of huge concern for the B usiness corporations and thus the role of IHRM is important in solving such issues. The Human Resource managers also focus on solving the problems that involves the repatriates i.e. the returning expatriates The difference in the cultures of both the nations i.e. China and France varies like the sky and the earth. The cultures of east and the west have differed from centuries. So working in such a unfamiliar culture is very difficult for both the countries. When the culture differs, everything differs. It is a union of two nations and without the support of China, it is impossible for France to settle its business there. The expatriate officials have to know all the nook and corner of the Chinese culture, their attitudes and behavior. In order to acquire the Chinese market the company will have to train its employees in such a way that they acclimatize themselves in the host offices (Westermark, 2013). Cultural Differences between China and Europe: China is one of the worlds largest and most appealing markets, and as it prolongs to become a more alluring target for foreign investment, businessperson and investors are gathering in the country to take advantage of earning money in such high potential market. The cultural differences between China and Europe are huge and it can affect the business largely (Werner, Schuler and Jackson, 2012). Customs: The customs of china and the custom of Europe differ largely. The international human resource management team of the company should consider all the cultural barriers before employing people. The knowledge of the custom is also a very important fact for consideration for the strategic management team. The strategic management team will create strategies that would best fit into the organization (Werner, Schuler and Jackson, 2012) . The language barrier: The barrier of the communication is the biggest barrier that can appear in the functions of a business. The company will have to take into consideration this barrier. This barrier has impact over the working of the company in the host country especially when the company has taken into consideration for a polycentric approach. The polycentric approach has a motto to revolve around the host country. A polycentric orientation keeps in mind the functioning of the host country, their cultural attributes, traditions, laws etc (Torrington, 2011). The cultural barrier: The difference in the cultures of both the nations i.e. China and France varies like the sky and the earth. The cultures of east and the west have differed from centuries. So working in such a unfamiliar culture is very difficult for both the countries. When the culture differs, everything differs. It is a union of two nations and without the support of China, it is impossible for France to settle its business there. The expatriate officials have to know all the nook and corner of the Chinese culture, their attitudes and behaviour (Stone, 2011). In order to acquire the Chinese market the company will have to train its employees in such a way that they acclimatize themselves in the host offices (Sistare, Shiplett and Buss, 2009). The significance on Human resource management: The human resource management team will have to work towards achieving a global platform. Costabucks will have to hire employees from China. A team of human resource management will have to work on the people to be employed in China and the employees who will be expatriate. The global arena where the company will have to play is huge. The contribution of human resource management will have to be very relevant to the business strategies of the company. The human resource management strategies will have to comply with the company policies. The laws and political situation in China will affect a lot in maintaining a strategic human resource management. The main strategies that the human resource management team will play will be in the area of selection and training of the expatriates (Sehoole and Knight, 2013). The expatriates would act as a bridge between the home company and the host company-. However, the officials of the headquarters w ill do the selection, management and training of the employees for Chinese market. The responsibilities of the human resource management team will increase to a great deal. It will have create a team of highly professional international human resource management experts. These experts will strategically apply all the human resource policies complying to the laws and regulation of the country. The officials will have to see to it that the human resource policies best suit the company and the employees. The whole performance of the international human resource management will have to be very fine (Ryan, n.d.). The approach of the company: The Company should have an orientation that is Polycentric. Polycentric orientation approach has an attitude that oriented by the host country. Polycentric orientation reflects host country`s aim and objectives keeping in mind various managerial strategies and planning and international goals. In a polycentric perspective, a companys management team believes that in Global business practices the preference of local people are found appropriate to function in the local market. In the tremendous outlook of polycentrism, an approach believes that culture of all the countries is different and hence the foreigners find it difficult to understand and it should be left on them until they earn the same level of profit. However, there is huge benefit in captivating into consideration local preferences and tastes in the host country when it comes to international business practices, a polycentric approach have its difficulties when implemented which meet the host countries criteria. The market ing of the products are organized on a nation wise basis, and marketing research is conducted separately in all the countries. Management is not able to control the corporation in the host country because local citizens have a better apprehension and consciousness of national market conditions much more than home office employees. This is precise in several characteristic of the products delivery including pricing, market research, customer relationship and services and well-being, and channels of distribution. Hence, the control in the host countries practices is lost, and the corporation is obliged to manage its functions from the outside. Local citizens occupy almost all of the key posts in their individual local subsidiaries, and they employ and develop their own people. The benefits of employing Polycentrism are: Exploitation of the international market: The international market has many opportunities. If Costabucks expands its market in China with a polycentric orientation, then it is likely that the people of China embrace the product with positive attitude. Sales maximization: The company is likely to achieve a good share of sales because the company would have information and awareness of the local market. The trends in the local market are an important area of consideration (Price and Price, 2011). Products as per the local needs: China is the largest populated country of the world. They are very traditional and they have their own choices and preferences. China is the mother of Tea production in the world. People of China prefer tea to coffee. So the survival of coffee in such a market is difficult until the products are Chinese. The products have to be very precise in nature. Support of the local government: Since the company has complied with all the needs of the local nationals the government of China will also help the company grow in the market. The company can enjoy lots of benefits from the local government (Parnell, 2014). Enthusiastic local employees: Chinese people like to work in a homely environment. If the company takes into consideration a local approach, then the company would see more happier faces. The employees will not have to comply with the international norms of functioning as done in the home country of the product. The expatriate employees: The concept of International Human Resource Management does not ignores the international projects. In fact, there are huge numbers of studies that analyzes the function that International human resource management plays in the multinational enterprises and how the organizations selects, develops, compensate, and invent the professional careers of the employees who expatriate. There are situations like political risk. It happens when there is high risk that a political function could change the chances of profitability of a given investment. There also exists a cultural risk ,when there is a huge cultural gap between the hub and the subsidiary. Costabucks can select and send expatriates. These expatriates will assist the central organization to comprehend local atmosphere and to control the subsidiary functions. The job of these employees would be to represent the concern of the home company and to supplement channels of communication, and to work as intermediates among the hub and t he subsidiary (Mondy and Mondy, 2012). The issues that the expatriates face in the host countries: 1. Communication: When working in China being a foreign resident, the most common issue that an expatriate faces is that of language. The Chinese mostly speak mandarin and which is one of the toughest language any European person would find. The Chinese are very traditional in their approach and do not tend to speak in any other language other than Mandarin. They find it difficult to speak in English and also they are not much welcoming towards English language too. Recently Mark Zuckerberg spoke in Mandarin at the University of Zheng Zou and promoted the need of internet connectivity and his company Facebook. It left a huge impact on the people of China when they saw the youngest billionaire of the world speaking mandarin (Lamb et al., 2004).2. Socializing with the employeesThe importance of socializing with the co-employees is very important job for an expatriate. The expatriates will have to become very friendly with the local employees. The expatriate will have to behave very for mally and try to mingle with the employees. This is the only way to find the internal stories within the company. The attitudes of the employees have to be very familiar and he shall not behave like an alien to them. Its tough to understand the work and social ethics of the people of China. They are traditional in nature and the expatriate should keep in mind that he does not hurts the sentiments of the local people.3. The Law:The expatriate officer must understand the legal affairs of the country. Without knowing the laws a company cannot operate in the host country. Understanding the laws and abiding by them is quint-essential job for an expatriate. The expatriates of the company have to understand that the laws of food and beverage industry vary in every country. The local marketers of China are tea growers and they will never let their market get ruin by foreign companies. The abidance of law is the foremost way to retain in such a market and occupy it. 4. The huge difference in Cultures: The difference in the cultures of both the nations i.e. China and France varies like the sky and the earth. The cultures of east and the west have differed from centuries. So working in such a unfamiliar culture is very difficult for both the countries. When the culture differs, everything differs. It is a union of two nations and without the support of China, it is impossible for France to settle its business there. The expatriate officials have to know all the nook and corner of the Chinese culture, their attitudes and behavior. In order to acquire the Chinese market the company will have to train its employees in such a way that they acclimatize themselves in the host offices. The selection and training of the expatriates: The selection of the expatriates has to be very careful because China is not like India that would welcome its foreign delegates and behave with them as possible as possible. The employees in China are rigid and very traditional and they do not tolerate the foreign behavior much. The selection of these employees would require to follow certain policies. This policies are: 1. Openness to other cultures: The selected employee will have to have an openness to learn and intermingle with the people of other cultures. The collectiveness attitude is a must. In fact the company should try to select people who already familiarity with the Chinese culture. A person with a degree in the mandarin language should be preferred.2. Problem solving attitude: the selected expatriated employee should have an attitude to solve the problems taking very less time. These problems may arise due to political or cultural differences. The expatriate should have the ability to understand them and solve them as soon as possible.3. Awareness of the laws of the host country: The expatriate must be aware of all the laws and norms of the host country. The laws of the country are very necessary and to carry them away appropriately is very important. Non-abidance of the law can root out Costabucks from the Chinese market.4. Awareness the culture: The awareness of the culture in a host country that too China is very important. Since the company has decided to behave like a polycentric company, it is very essential to know the cultural climate of the Nation. China is country that is very traditional in its approach the cultural awareness is very important for the home country. The expatriate behaves like a connection between the home office and the host office. Trainings can be provided to employees who are selected for being the expatriate.5. Selection of a host country but home country national to become an expatriate: It would be best if a Chinese person who lives in France is selected to become an expatriate. The employee can act as an agent in the host country and tackle the situation in the best possible manner. A Chinese employee would understand the law, the culture, the people and the consumer behavior too. Such an employee would best suit the situation. Conclusion: Conducting business in a country like china is a difficult task for any European country. The market of China is emerging like a booming market. Almost all the companies that manufactures has an operating unit in China. The Chinese people have a huge closeness towards their tradition and culture and there lies a huge difference between the cultures of China and other European Nations. The concept of international human resource management tries to employ the best employees from the host country. The Scope of international human resource management is very deep and is different from the traditional traditional human resource management. The international human resource management not just looks after all the basic functions of Human resource management but is also involved in the expatriation and repatriation of the employees. The sub-department of training and development has a lot of functions to perform. The expatriated employees have to be trained in many ways so that they best fi t into the host office. The issues of cultural differences are also huge and in such conditions the survival of the company totally depends on the best business strategies, best employees and their allocation at the right place. Bibliography: References Brewster, C. (2011). International human resource management. London: Chartered Institute of Personnel and Development.Briscoe, D., Schuler, R. and Claus, L. (2009). International human resource management. London: Routledge.Budhwar, P., Schuler, R. and Sparrow, P. (2009). International human resource management. London: SAGE.Byars, L. and Rue, L. (2011). Human resource management. New York: McGraw-Hill/Irwin.Dessler, G. (2013). Human resource management. Boston, Mass.: Pearson Education.Dessler, G. (2013). Human resource management. Boston: Prentice Hall.Dessler, G. (2013). Human resource management. Boston: Prentice Hall.Dessler, G. (n.d.). Human resource management.Entrekin, L. and Scott-Ladd, B. (2013). Human Resource Management. Hoboken: Taylor and Francis.Evans, P., Pucik, V. and BjoÃÅ'ˆrkman, I. (2011). The global challenge. New York: McGraw-Hill Irwin.Harzing, A. and Pinnington, A. (2011). International human resource management. London: SAGE.Imbriani, C. and Morone, P. (2013). Knowledge, innovation and internationalisation. London: Routledge, Taylor Francis Group.Ivancevich, J. and Konopaske, R. (2013). Human resource management. New York, NY: McGraw-Hill Irwin.Lamb, R., Shrivastava, P., Huff, A., Dutton, J., Baum, J., Sorenson, O., MacGahan, A., Dobrev, S., Witteloostuijn, A., Reuer, J., Tong, T., Rowley, T., Nickerson, J. and Silverman, B. (2004).Advances in strategic management.Mondy, R. and Mondy, J. (2012). Human resource management. Boston: Prentice Hall.Mondy, R. and Mondy, J. (2012). Human resource management. Boston: Prentice Hall.Parnell, J. (2014). Strategic management. Los Angeles: SAGE.Price, A. and Price, A. (2011). Human resource management. Andover: Cengage Learning.Ryan, J. (n.d.). Cross cultural teaching and learning for home and international students.Sehoole, M. and Knight, J. (2013). Internationalisation of African higher education. Rotterdam: Sense.Sistare, H., Shiplett, M. and Buss, T. (2009). Innovations in human resource management. Armonk, N.Y.: M.E. Sharpe.Stone, R. (2011). Human resource management. Milton, Qld.: John Wiley.Torrington, D. (2011). Human resource management. Harlow, England: Financial Times/Prentice Hall.Werner, S., Schuler, R. and Jackson, S. (2012). Human resource management. Australia: South-Western Cengage Learning.Werner, S., Schuler, R. and Jackson, S. (2012). Human resource management. Australia: South-Western Cengage Learning.Westermark, K. (2013). Proximity and learning in internationalisation. Stockholm: Stockholm University.

Impact of Financial Crisis in Economies †Myassignmenthelp.Com

Questions: The Global Financial Crisis (GFC) is the most significant worldwide economic catastrophe since the Great Depression of 1929, sub-prime mortgage crisis is an example of financial crisis that affected global financial market worldwide. Give some other examples of financial crisis in your discussion below. Discuss the possible causes of the financial crisis. Do you think GFC could be repeated again? Discuss. Explain the scale and impact of financial crisis in economies of different countries including your own country, identify some of proposed reforms. Answers: Introduction In the project Global financial crisis will be reviewed. The causes of global financial crisis will be identified. Impact of financial crisis on different countries will be examined to comprehend the severity of the Global financial crisis. Chances of occurrence of global financial crisis will be discussed. Lastly, proposed reforms for the global financial crisis will be explained. Global Financial Crisis The financial crisis has become the topic of interest for the general public, academics and policymakers. The huge interest was created in the crisis due to specific features (CiHak, 2009). The features of the global financial crisis were: Firstly, the crisis was not ordinary considering its geographical reach and scale. The shocks of the financial crisis were great since the crisis of 1929. It has virtually affected the economies of the world (Canstar, 2014). Secondly, the impact of crisis was witnessed in the advanced economies unlike the earlier financial crises which have impacted the emerging and developed countries. The empirical literature has focused on the crisis of emerging and developing countries. The literature related to the impact on developed and advanced countries is scarce. Lastly, the crisis was remarkable in terms of multiplicity and complexity of the contagion channel. The shock waves of financial crisis transmitted instantly from one country to another country, from one institution to another institution, and from one market to another market via channels that have been prominent a few years ago or did not exist. Earlier financial crisis were confined to the single economies only (CiHak, 2009). The financial crisis began in the year 2007 in the United States. It involved financial institutions of OECD countries. The Global Financial Crisis affected the financial system of the developed countries and the entire economy throughout the world. The impact on the other countries was evidenced when the financial crisis turned into the recession. The indirect effects on the developing countries were reported to be as severe as the direct effects were on the developed countries. After the Second World War, first recession was evidenced. The recession led to the reduction of world gross domestic product in the year 2009. In the year 2009, the GDP growth was reported to be lower by 5.8 percent in comparison to previous year 2007. The downturn was found to be same in the developing as well as in emerging countries. There was drastic fall in the GDP of countries constituting the Central and Eastern Europe (CEE) and Commonwealth of Independent States (CIS). The GDP growth rate in CIS and CEE countries fall by 15.2 percent during the two year i.e. from 2007 to 2009. The figures in sub Sharan Africa and Lain America were 4.8 percent and 7.6 percent respectively. The countries having large current account surpluses or deficit and those having large fiscal deficit before the crisis were suffering chronic output losses in comparison to other countries. It was due to their condition becoming worse after the GFC. Growth rates in Asia plummeted by 4 percentage points during the year 2007 and 2009 (Dullien et al., 2010). Causes of Financial Crisis The global financial crisis is supposed to be impacting the low income countries (LIC) specifically in the Sub Sharan Africa. Urgent actions were required to be taken by the international community and LIC policymakers. The crisis was projected to augment the financial needs of the LICs in the year 2009 by at least US $25 billion. 26 LICs were found to be vulnerable due to the unfolding of crisis (CiHak, 2009). The major cause of global financial crisis that took place in September 2008 was because of the collapse of Lehman Brother. The banks stopped lending to each other virtually. The risk premium on the banks is witnessed to rise sharply to approx. 5 percent. Steps were taken by the authorities to infuse the liquidity in the market, but the damage was already done. The risk premium on the corporate bonds was even more to over 6 percent. Borrowing in the corporate sectors came to an end and large projects were discontinued, demand was falling specifically for the investment goods and for manufacturing products (McKibbin Stoeckel, 2009). Major causes of the financial crisis are as follows: Banks creating money from loans Whenever bank makes loan, the new money is created. Banks have created the massive sum of money by making loans in the markets. This way, banks ended up making more money in the market by loans. The money has increased the levels of debts on the people taking loan within the period of 7 years (ILO, 2011). Figure 1: Figure showing increasing debt in economy Source (Positive Money, 2016) It is evidenced from the figure 1 that money created by the banks has reached to 2213 billion Euros. There is increase in the debt with the increase in money made from loans. The total cash in 2014 was 67 billion euros which is less in comparison to the money created by banks (Positive Money, 2016). Use of money for pushing up house prices and speculating of financial markets Very small chunk of the trillion pounds went to business which was created during 2000 to 2007. The part of money used outside the financial sector was: House prices increased as 31 percent of money went to the residential property making house prices dearer than the wages. Office buildings and other business properties coming under commercial real estate have taken 20 percent Almost 32 percent was infused in the financial sector. These were the same financial market in which implosion took place during the crisis 8 percent of all the money was infused to businesses outside the financial factor Another 8 percent was utilized into personal loans and credit cards (Dullien et al., 2010) Figure 2: showing use of banks money (Positive Money, 2016) Debts became unpayable Practice of lending large sums of money into the property market spurs the prices of house. In addition to that, the increase is evidenced in the level of personal debt. Interest is charged on the amount of loan by the banks. Debts were more than the income of the people and they became unable to pay the debts. At this point, the banks stand at the verge of going to bankruptcy and people stop repaying their loans (IMF, 2009). These were some of the causes of the global financial crisis. Post the crisis banks became hesitate in lending their money to the households and businesses. The slowdown in the lending caused decrease in the prices of market. It indicated that those who have borrowed much in a bid to speculate on the higher prices will have to sell their assets for repaying the loans. Prices of houses plummeted and bubbles burst. Banks panicked with the scenario and slashed down the lending even further. Banks repay only when they are confident that the amount will be repaid. Since, banks were not sure that the amount will be repaid and so they confined their lending (Alcorta Nixson, 2011). Chances of Repetition of GFC Again The global financial crisis shook the world in 2007. The volatility of the market has been overcome and markets have become relatively stable (The Hindu, 2014). Major economies of the world are reporting positive growth rates in country. The probability of not encountering such a financial global crisis is just 13 percent as per the reports (Rimkus, 2015). The financial crisis can happen again but the structural reforms taken at that time can mitigate the damage. If financial crisis will take place in future again, central banks and government have to take remedial measures (Belvedere, 2015). Scale and Impact of Financial Crisis The crisis has been able to produce various impacts which are different in nature around the world. There are negative effects which are being reported across developing countries and these countries are victimized by financial crisis. Some of the problems which are noted by the dignitaries of United Nations are as follows: The rate of unemployment is increasing as the statistics in 2009 said that 50 million jobs were lost due to the international labor organization. There is more poverty and hunger in these developing countries. Retardation of the economic growth has been noted in these countries which have resulted into economic contraction. Negative impact on the balance of payments and trade balances has been seen. Fluctuating level of foreign investments have been noticed due to the crisis. Movements in exchange rates are volatile and large (Abreu et al., 2009). Budget deficits are increasing, tax revenues are depleting, the fiscal space has been reduced. A contraction has been experienced in the world trade rates. The volatility in the market has been increased and the prices of primary commodities have been decreased. Remittances have declined in terms for developing countries. The tourism revenues have been decreased to a depressing extent. The flow of private capital has been reversed (Mshana, 2009). The access to trade financing and credit system has decreased in the market. The public have lost confidence on the institutions of finance. Moreover, these conditions have raised a situation where basic needs of the public like health and education cannot be properly satisfied. Thus, there has been an increase in the mortality rate for infants and pregnant women. The housing sector has been collapsed and the debt levels of the man living in these countries are more than 150% of the GDP of the country. The situation has been calculated by the United Nations and an estimate of 2.6 percent fall in gross product is about to happen and it will be the first decline of gross product after the Second World War. Further, the crisis would have a great impact on the human development and other developments as well (UN, 2016). The debts have risen and millions of people across the globe are losing their livelihood such as their jobs, homes and income. There has been estimation from the world that nearly 50 million of the world population has lost their job and their livelihood and have been put into extreme poverty. Children and wom en are the major victims of this condition. The United Nations have figured out that this condition will cause a rise of an unnourished generation which will reach the historic count of nearly a billion. There would be more impact on the developing countries due to the crisis when compared to developed countries. The sad fact is that the countries who are suffering the most of the effect have not contributed to this condition. According to Martin Khor, 6 percent of the national income of a developing nation would be lost and there would be significant fall in the economy of those countries during financial crisis (Europe Commission, 2014). Proposed Reforms There are different alternate solutions which are being proposed by the wealthy nations such as the G20, United Nations, and civil society. The conference at the United Nations on June 2009 stated many proposals in which the G20 nations came up with a stimulus package and a proposal. The significance of the initiative taken by the United Nations is that it forced the participation of all the countries of the world in regards to the crisis in economy. The proposals are based upon the economic crisis and the way it is being used for. For example, the transformative proposals denote or address the aspects of structure related to crisis. The short term fixes in the crisis will be called as reformative proposals. The role of proposals is to have a substantial effect on the causes of crisis and it will concentrate on the requirement of a radical transformation in the financial architecture of the world with the help of other countries (EC, 2009). Conclusion The aim of the project will be to discuss about the chronicity of global financial crisis. Massive waves have been created by the recent financial crisis in the papers, books and articles. Many documents have been published by the central banks and other financial institutions demonstrating the policy response and turmoil in the world. The main causes identified are lending money by the bank and not getting the repayments. References Abreu, M.d.P. et al., 2009. The Effect of the World Financial Crisis on Developing Countries: An Initial Assessment. CIGI. Alcorta, L. Nixson, F., 2011. 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