Wednesday, October 30, 2019

Chinese-English code-switching in Fashion Magazines Essay

Chinese-English code-switching in Fashion Magazines - Essay Example The essay "Chinese-English code-switching in Fashion Magazines" concerns the Fashion Magazines and Chinese-English code-switching in them. Editors of fashion magazines pay close attention to the contexts of linguistics and how they relate to the reader. Catalogues of genre and cultural meaning play important roles in determining and feeding into target audiences so that the magazines make a profit. Both utilizations of code-switching describe how readers view text and absorb it from various geographical areas. The term code-switching derives from the linguistic term denoting the concurrent utilization of more than a single language in conversation. John Gibbons made the first major attempt to study it at Hong Kong University where the students spoke ‘university talk’. It is especially used in context of sociocultural linguistics, which is the study of how linguistic structure clarifies how a speaker’s selectivity of a specific language is influenced by social cont exts in which it is given. In the middle of the English sentence, the Chinese symbol for â€Å"a† and â€Å"whose† is inserted rather than the English word. The hypothesized reason to why this occurs is due to the fact that bilinguals are not completely efficient in the second language. The variety of contexts may be race, gender, ethnicity, age, and sexuality. These factors are acknowledged when implementing code-switching into media forms like magazines. Magazines are a main media source used because of how broad of an audience it reaches. The age group can vary from teens to the elderly and has the capability to reach its audience members via stores, mail, street stands, etc. Fashion in particular has dominated the market since the eighteenth century when the first Gentleman’s magazine came out in London (Ashish, 2009). This is why code-switching has been incorporated into this form of media outlet in an effort to get the target audience to respond in the des ired manner. In Japan, the implication of foreign language into magazines of fashion is not subsidiary to any subject restrictions (Haarmann, 2000). With such a limitless palette in which to work with, the editors as well as advertisers were able to target their audience better. The four context motivators to utilizing code-switching first came to light in the late 1970s when Cantonese-English code-switching arose in Hong Kong (David and Li, 2003). Euphemism was a sociolinguistic phenomenon that illustrated relation connections with the community with its focus being to relay the intended message of the speaker (Wenzhao, 2001). It is the act of replacing a potentially rude or offensive word with a lesser one, not only to appease the listener but to protect the speaker from trouble. Although, it can be amusing, it can be misleading. Bilingual punning derived from the intent to assign double meaning (David and Li, 2003). The way it is done is by taking two different words in two diffe rent languages and combining them into a sentence to form a joke or amusing sentence, hence the term pun. In this context, the meaning of specificity is not far from what it implies in that English is used in place of Chinese/Cantonese words for either the reason that the English word is more specific or general (David and Li, 2003). Therefore, the sentence is issued the way it was initially intended. Lastly, the

Monday, October 28, 2019

Introduction to Marketing Essay Example for Free

Introduction to Marketing Essay You have been employed as a marketing intern with one of the UK’s largest marketing agencies and have been set various assignments to complete during your one-year internship. You will be required to demonstrate your research skills on various projects related to marketing, research and planning, marketing mix and online marketing. Task 1 P1 Describe how marketing techniques are used to market products in two organisations Due date: Refer to front sheet for date  M1 Compare marketing techniques used in marketing products in two organisations You are helping the marketing manager organise a ‘Marketing in Business’ conference. Your manager wants you to find out how other organisations use marketing techniques and has asked you to prepare a 10 minute presentation that you will deliver at the conference. You have been  asked to produce a leaflet to support the presentation, comparing the organisation. You have also been asked to produce speaker notes, which will be handed out at the conference. What to include in your presentation: Introduce your two organisations, their business and marketing objectives Describe what marketing is and why organisations use various techniques Describe clearly the marketing techniques they use to market a particular product/service or product range What to include in the leaflet: Compare the similarities and differences between the use of marketing techniques in your two organisations Growth Strategies (Ansoff’s Matrix) Survival Strategies Branding and Brand positioning Relationship marketing Due date: Refer to front sheet for date Task 2 Following your presentation about marketing techniques, you discovered that marketing activity is regulated and monitored by various bodies, codes of practice and laws. Using the 2 scenarios below, investigate and respond by letter to both: P2 Describe the limitation and constraints of marketing on the business. Suggested letter content: Introduce yourself and the department you work for.  Describe why abiding by marketing rules and regulations is necessary Identify the legal rules that apply to the case  Identify the voluntary factors that would apply to the case.  Stress the consequences of failing to comply with the legal and voluntary constraints. Due date: Refer to front sheet for date Scenario 1 A business organisation named â€Å"Fantasy† has recently spent 10 million pounds launching a new perfume. Fantasy has advertised on television as well as on YouTube. The advertisement is proving to be an international success and has raised a lot of interest from the young audience it is hoping to attract. Most importantly sales of the perfume have doubled over the last few months.  However, there have been a number of complaints regarding the content of the advertisement. For instance there are concerns with regards to nudity, language and the suitability of the advertisement for a younger audience. Of particular concern are the number of complaints that Fantasy use extreme methods when testing their products on animals. A number of pressure groups have campaigned for the ban of this advertisement from TV screens. Your task You have been asked to write a formal letter to Fantasy Head Office, Customer Complaints Division, identifying the limitations and constraints of marketing activities especially those that are relevant to the above scenario. Scenario 2 You have recently purchased a new mobile phone on arriving home you realise that the phone is unable to carry out the functions that you were promised. The phone was considerably expensive and you saved up for months in order to be able to buy it. However, when visiting the store you were offered the opportunity to purchase the product on credit. The store has also advised you it would be more efficient if you went on to their website and brought the product online and they have offered you a further discount for doing so. Two weeks later you are still waiting for your mobile phone to arrive. To make matters worse once you signed up for this product you have been bombarded with cold calls from other mobile phone companies, you fear that your personal details have been given out to other organisations without your consent. Your task How are you protected as a consumer? You must write a formal letter to the Office of Fair Trading expressing your concerns. You must identify the relevant Acts and regulations that protect you as a consumer. Due date: Refer to front sheet for date Task 3 P3 Describe how a selected organisation uses marketing research to contribute to the development of its marketing plans P4 Use marketing research for marketing planning  You have been approached by a new company that is interested in finding out  whether they should invest heavily in market research. Your first task is to produce a poster presentation on marketing research and planning, that you will deliver to the Board of Directors. Your suggested presentation content: Choose an organisation and agree choice with your teacher (www.thetimes100.co.uk case studies is a useful resource to use) Describe marketing research and marketing planning.  Describe the marketing research that is used by your organisation Describe how the marketing research collected is used by the organisation in their marketing planning Now you need to carry out marketing planning using marketing research Select an existing product/service or potential product/service for your organisation. Conduct primary and secondary research into customer perceptions and market analysis for the product/service and make proposals on how the organisation’s marketing planning can be developed. This should include a PESTLE/SWOT analysis, which shows the research you have conducted into your product. Your marketing plan should include the following: 1. Set clear SMART objectives regarding what you want your product or service to achieve 2. Conduct primary and secondary research on your product or service. 3. Conduct a SWOT analysis highlighting the strengths, weaknesses, threats and opportunities of your product or service. 4. Conduct a PESTLE analysis, analysing the external environment and the impact this may have on your product or service. 5. Write a brief summary with regards to your findings. Due date: Refer to front sheet for date M2 Explain the limitations of marketing research used to contribute to the development of a selected organisation’s marketing plans D2 Make justified recommendations for improving the validity of the marketing research used to contribute to the development of a selected organisation’s marketing plans. Considering limitations of market research Your task is to identify and explain the limitations of the market research methods used by your organisation. You will need to submit a formal report  of the limitations that you have spoken about, for the directors. You have been asked to write a formal report to the Head of Market Research at Hammersmith and Fulham. You have to make recommendations on how they can improve the validity of marketing research used for marketing planning. Introduce yourself, your role and who you work for Explain why you are writing to the organisation. Make at least 3 recommendations for improving the validity of market research used by your organisation Provide a justification for each recommendation you make. End your report with an offer to help if they require more information. Due date: Refer to front sheet for date Task 4 P5 Explain how and why groups of customers are targeted for selected products You have been asked to develop a visual poster to explain how and why groups of customers are targeted for products. You should: Explain what is meant by market segmentation and DMU’s Explain the difference between customers, consumers and buyers Select 6 different target groups (this should include both B2C and B2B) and give examples of products that are aimed at them and why). Due date: Refer to front sheet for date Task 5 A dynamic new company have approached your marketing agency and want you to help come up with an exciting new marketing campaign. You will produce a 10 minute presentation on the marketing mix. Propose a marketing mix based on your research to a clearly defined group of potential customers. P6 Develop a coherent marketing mix for a new product or service M3 Develop a coherent marketing mix that is targeted at a defined group of potential customers. Using the research from your previous task you will now give a presentation of the new marketing mix you propose. Suggested presentation content: You will need to think about how you are going to present the marketing mix for the company (Product, Price, Promotion and Place). The product or service  that you choose does not have to be entirely new, it could be an established product or service introduced to a new market The marketing mix must be clearly targeted to a defined group of potential customers and needs to be detailed and clear so that all the 4P’s meet the exact needs and aspirations of the target group of customers. Due date: Refer to front sheet for date

Saturday, October 26, 2019

The Fifth Agreement: A Practical Guide to Self-Mastery, by Miguel Ruiz and Jose Ruiz :: Essays on The Fifth Agreement

My life experience might be simple, but I have learned a lot from my life. It is not necessary that someone’s experience has to be a good one to talk about; the point is he should have a passion to learn lessons from it. Every time you go through a bitter experience either in your travels, work, or somewhere else, I would have to say â€Å"Congrats! You have got a story to tell your grandsons someday.† I have learnt a lot of lessons from this life and taught myself beautiful lessons. I taught myself to stand firm, never give up, and do my best. I have taught myself to say â€Å"yes† whenever I feel that I need to refuse, and I have taught myself to say â€Å"no† whenever the temptations are floating around me. I have learned that if I want to live happily, I have to be able to say â€Å"no† as I can say â€Å"yes.† Just by these two simple words, I changed myself and took control over it. â€Å"Be impeccable with your words† (27) is the first agreement that Miguel Ruiz and Jose Ruiz want to make an agreement with their readers in their book, â€Å"The Fifth Agreement.† By words, you can communicate with other people and tell them your opinions. The power of the word should not be underestimated; in some cases, it might be so tender that you can gain people to be in our side, but it might blow like a storm and pull out people’s real feelings. Ruiz in his book says â€Å"you are going to use the word to express the truth in every thought, in every action, in every word you use to describe yourself, to describe your own life story† (39). One should be really careful in choosing the right words in the right times. I worked once in a team of freelancers for a courier company. I faced a problem while programing their website, and the supervisor of the team, who was from the company, asked me to take an immediate action. I replied to her quickly and said â€Å"I cannot do this until I discuss it with my team leader.† Her face turned red, and I just didn’t know what to do, so I looked into my laptop screen pretending I am working. Since then she saw me as a weak team player; whenever she wanted to ask about the project, she asked another teammate instead of me.

Thursday, October 24, 2019

Deception Point Page 14

â€Å"Delta-One,† he said, speaking into the transmitter. The two words were instantly identified by the voice recognition software inside the device. Each word was then assigned a reference number, which was encrypted and sent via satellite to the caller. On the caller's end, at a similar device, the numbers were decrypted, translated back into words using a predetermined, self-randomizing dictionary. Then the words were spoken aloud by a synthetic voice. Total delay, eighty milliseconds. â€Å"Controller, here,† said the person overseeing the operation. The robotic tone of the CrypTalk was eerie-inorganic and androgynous. â€Å"What is your op status?† â€Å"Everything proceeding as planned,† Delta-One replied. â€Å"Excellent. I have an update on the time frame. The information goes public tonight at eight P.M. Eastern.† Delta-One checked his chronograph. Only eight more hours. His job here would be finished soon. That was encouraging. â€Å"There is another development,† the controller said. â€Å"A new player has entered the arena.† â€Å"What new player?† Delta-One listened. An interesting gamble. Someone out there was playing for keeps. â€Å"Do you think she can be trusted?† â€Å"She needs to be watched very closely.† â€Å"And if there is trouble?† There was no hesitation on the line. â€Å"Your orders stand.† 16 Rachel Sexton had been flying due north for over an hour. Other than a fleeting glimpse of Newfoundland, she had seen nothing but water beneath the F-14 for the entire journey. Why did it have to be water? she thought, grimacing. Rachel had plunged through the ice on a frozen pond while ice-skating when she was seven. Trapped beneath the surface, she was certain she would die. It had been her mother's powerful grasp that finally yanked Rachel's waterlogged body to safety. Ever since that harrowing ordeal, Rachel had battled a persistent case of hydrophobia-a distinct wariness of open water, especially cold water. Today, with nothing but the North Atlantic as far as Rachel could see, her old fears had come creeping back. Not until the pilot checked his bearings with Thule airbase in northern Greenland did Rachel realize how far they had traveled. I'm above the Arctic Circle? The revelation intensified her uneasiness. Where are they taking me? What has NASA found? Soon the blue-gray expanse below her became speckled with thousands of stark white dots. Icebergs. Rachel had seen icebergs only once before in her life, six years ago when her mother persuaded Rachel to join her on an Alaskan mother-daughter cruise. Rachel had suggested a number of alternative land-based vacations, but her mother was insistent. â€Å"Rachel, honey,† her mother had said, â€Å"two thirds of this planet is covered with water, and sooner or later, you've got to learn to deal with it.† Mrs. Sexton was a resilient New Englander intent on raising a strong daughter. The cruise had been the last trip Rachel and her mother ever took. Katherine Wentworth Sexton. Rachel felt a distant pang of loneliness. Like the howling wind outside the plane, the memories came tearing back, pulling at her the way they always did. Their final conversation had been by phone. Thanksgiving morning. â€Å"I'm so sorry, Mom,† Rachel said, phoning home from a snowbound O'Hare airport. â€Å"I know our family has never spent Thanksgiving Day apart. It looks like today will be our first.† Rachel's mom sounded crushed. â€Å"I was so looking forward to seeing you.† â€Å"Me too, Mom. Think of me eating airport food while you and Dad feast on turkey.† There was a pause on the line. â€Å"Rachel, I wasn't going to tell you until you got here, but your father says he has too much work to make it home this year. He'll be staying at his D.C. suite for the long weekend.† â€Å"What!† Rachel's surprise gave way immediately to anger. â€Å"But, it's Thanksgiving. The Senate isn't in session! He's less than two hours away. He should be with you!† â€Å"I know. He says he's exhausted-far too tired to drive. He's decided he needs to spend this weekend curled up with his backlog of work.† Work? Rachel was skeptical. A more likely guess was that Senator Sexton would be curled up with another woman. His infidelities, though discreet, had been going on for years. Mrs. Sexton was no fool, but her husband's affairs were always accompanied by persuasive alibis and pained indignity at the mere suggestion he could be unfaithful. Finally, Mrs. Sexton saw no alternative but to bury her pain by turning a blind eye. Although Rachel had urged her mother to consider divorce, Katherine Wentworth Sexton was a woman of her word. Till death do us part, she told Rachel. Your father blessed me with you-a beautiful daughter-and for that I thank him. He will have to answer for his actions to a higher power someday. Now, standing in the airport, Rachel's anger was simmering. â€Å"But, this means you'll be alone for Thanksgiving!† She felt sick to her stomach. The senator deserting his family on Thanksgiving Day was a new low, even for him. â€Å"Well†¦,† Mrs. Sexton said, her voice disappointed but decisive. â€Å"I obviously can't let all this food go to waste. I'll drive it up to Aunt Ann's. She's always invited us up for Thanksgiving. I'll give her a call right now.† Rachel felt only marginally less guilty. â€Å"Okay. I'll be home as soon as I can. I love you, Mom.† â€Å"Safe flight, sweetheart.† It was 10:30 that night when Rachel's taxi finally pulled up the winding driveway of the Sextons' luxurious estate. Rachel immediately knew something was wrong. Three police cars sat in the driveway. Several news vans too. All the house lights were on. Rachel dashed in, her heart racing. A Virginia State policeman met her at the doorway. His face was grim. He didn't have to say a word. Rachel knew. There had been an accident. â€Å"Route Twenty-five was slick with freezing rain,† the officer said. â€Å"Your mother went off the road into a wooded ravine. I'm sorry. She died on impact.† Rachel's body went numb. Her father, having returned immediately when he got the news, was now in the living room holding a small press conference, stoically announcing to the world that his wife had passed away in a crash on her way back from Thanksgiving dinner with family. Rachel stood in the wings, sobbing through the entire event. â€Å"I only wish,† her father told the media, his eyes tearful, â€Å"that I had been home for her this weekend. This never would have happened.† You should have thought of that years ago, Rachel cried, her loathing for her father deepening with every passing instant. From that moment on, Rachel divorced herself from her father in the way Mrs. Sexton never had. The senator barely seemed to notice. He suddenly had gotten very busy using his late wife's fortunes to begin courting his party's nomination for president. The sympathy vote didn't hurt either. Cruelly now, three years later, even at a distance the senator was making Rachel's life lonely. Her father's run for the White House had put Rachel's dreams of meeting a man and starting a family on indefinite hold. For Rachel it had become far easier to take herself completely out of the social game than to deal with the endless stream of power-hungry Washingtonian suitors hoping to snag a grieving, potential â€Å"first daughter† while she was still in their league. Outside the F-14, the daylight had started to fade. It was late winter in the Arctic-a time of perpetual darkness. Rachel realized she was flying into a land of permanent night. As the minutes passed, the sun faded entirely, dropping below the horizon. They continued north, and a brilliant three-quarter moon appeared, hanging white in the crystalline glacial air. Far below, the ocean waves shimmered, the icebergs looking like diamonds sewn into a dark sequin mesh.

Wednesday, October 23, 2019

Heroes Robert Cormier Atmosphere and Mood Essay

Francis has entered LaSalle’s tenement with the intentions of killing LaSalle. Francis is very quick to declare the reason for his presence at Larry’s tenement. Ever since Francis came back from the war, killing Larry is all Francis has wanted to accomplish. ‘Say your prayers†¦ I rehearsed those words so many times through the years.’ Straight away we see this sense of determination within Francis. Francis has been ‘rehearsing’ this moment ever since Larry raped Nicole. He’s been waiting for LaSalle’s return to Frenchtown for ‘years’ so that he can seek revenge. Here Cormier creates a sense of violence and tension. ‘I’ve decided to aim for the heart’ Francis’ thoughts towards Larry are quite violent and he wishes to ‘shatter his heart the way he broke Nicole’s’. Francis wants nothing but revenge and intends to attain it. Cormier’s use of Similes is very clever . Francis wants to do physically what Larry did to them mentally. Despite Larry’s horrific character, he knows Francis very well. Larry knows that no matter how angry Francis is, he will never be able to physically murder someone. Larry ‘withdraws a pistol’ knowing that Francis won’t be able to fulfil his ‘mission’. The pistol was a ‘relic from the war’; it seems as if everything bad that happened in Francis’ life lies right there in that tenement. ‘Leave me here, leaver everything here†¦ leave it all behind with me’ We can see how quickly the mood changes, from Francis’ violent words to Larry’s words of comfort. Francis ‘suddenly wants go get out of there’ he wants no part in Larry anymore and the ‘aroma of the soup is sickening and the tenement is too warm.’ Cormier creates a rather nauseating atmosphere; Larry’s tenement is a place no one would want to be in. ‘The sound of a pistol cracks the air.’ The theme of innocence runs throughout the whole book, just like the world innocence was shattered by the war and Nicoles innocence was shattered by Larry, Frenchtown is now also shat tered by a ‘pistol shot’ cracking the air.

Tuesday, October 22, 2019

Technical Report Writing Course Lessons Learned

Technical Report Writing Course Lessons Learned "Risk being unliked. Tell the truth as you understand it. If you’re a writer you have a moral obligation to do this." ~ Anne Lamott After leading technical report writing courseswith large and small companies for nearly 20 years, I have seen a common challenge present repeatedly. Telling the truth can be hard. Conveyingfindings or recommendations that we know aren't welcome can be daunting because no one wants to disappoint people, especially a boss. But, truth in business reports is absolutely essential. There is no way around it. We must be 100% truthful in business reports. If we aren't, the results can be disastrous. A Technical Report Writing Course Story from the Trenches Aplastic-producing company clienttold me they lost their largest customerwhen the polymers the companyproduced broke down ata particular temperature. This shouldn't have happened because extensive testing had been conducted on the polymers, which reportedly had withstood temperatures far in excess of the breakdown point encountered. When we deconstructed the information path backwards from the customer proposal that specified the polymerperformance to production reports to testing reports, we noticed some ambiguity in testing reports. The testing reports didn't overtly state the temperature breakdown point. Instead, it simply stated "acceptable heat tolerance." That vagueness shouldn't have been allowed into production. It did move to production, though,because various readers of the testing reports had different understandingabout the meaning of "acceptable heat tolerance." That was mistake # 1, and was more about accuracy (also critical) than truth.We discovered a bigger truth mistake as we continued to excavate the information path to its source. The person who wrote the testing report confided in me that he felt a lot of pressure to "...approve the testing because we needed to move into production fast to meet order demand. My boss would have been very unhappy with me if I had been the one to identify that this major product really had limited heat application. Our bonuses were tied to our innovation and production." Ugh. A "small" sweep-it-under-the-rug-move-it-along choice eventually cost the company its largest customer and opportunity. The fallout in publicity and liability was far worse than any delay and resolution would have been. The testing engineer rightly lost his job. Nothing good happened by not reporting truthfully. I could tell you story after story I've heard in training sessions and client meetings about the harm of sidestepping difficult issues in reports. Nothing. Let me repeat, nothing, matters more in reports than truth and accuracy. Decisions are made based on reports. If the information is not accurate and truthful, the decisions are based on faulty data or information. hbspt.cta._relativeUrls=true;hbspt.cta.load(41482, '934718b3-251a-45d6-8853-a7f94e43b92c', {}); Don't be Afraid to ConveyBad Newsin Business Reports Never apologize for delivering "bad news" at work in any circumstance. If it's a good business decision, just state the truthful facts. Apologizing just undermines the good decision. Omitting information is more dangerous than truth. Remember, technical business reports and business reports are used for decision making. If the information in the report is not truthful, the report is dangerous to the company's profit and reputation. It can alsocause potentially dangerous implications when implemented. Another client contacted us afterfor technical report writing training whenmetal triggers they manufactured forlaw enforcement weapons failed to work. The cause was the same. A testing engineer was afraid of being blamed for a production delay and disappointing his boss. (He also reported "there was no place in the report template for the information," but that is a separate report writing issue to address in another article.) A police officer was injured when a weapon he needed defensively failed to work. Truth matters in report writing. "Risk being unliked. Tell the truth as you understand it. If you’re a writer you have a moral obligation to do this." ~ Anne Lamott

Monday, October 21, 2019

Pros and Cons of Outsourcing IT Management

Pros and Cons of Outsourcing IT Management Free Online Research Papers On week 5 of our Managerial Accounting class, we were asked to view several websites and choose an activity that is necessary to outsource for a company’s operations. Then we were asked to discuss the pros and cons of outsourcing that activity. This was a very intriguing subject that provoked a lot of thought and discussion amongst the class. Because of this great discussion, I have decided to make Outsourcing the topic of my Final Project. Outsourcing is quickly becoming a huge trend in the corporate world. â€Å"Whats new is a concentrated effort to outsource back-office support operationse.g., IT, finance accounting, human resources, and procurementto reduce costs and heighten performance, according to a report from Houston-based analyst firm EquaTerra : Outsourcing Trends in the Automotive, Manufacturing, and High-Tech Industries† (Fulcher, 2007). According to the above article, outsourcing is now being used in many industries. In order to better focus my p aper, I will pick the most debated and used outsourcing activity; Information Technology. Companies are increasingly outsourcing the management of information technology (IT) for reasons that include concern for cost and quality, lagging IT performance, supplier pressure, access to special technical and application skills, and other financial factors. The outsourcing solution is acceptable to large and small companies alike because corporate strategies are now more common and the IT environment is changing rapidly. Because of cost and quality advantages, I will prove that outsourcing is a very advantageous way to do business. Although the mix of factors raising the possibility of outsourcing varies widely from one company to another, there are a series of themes that explain most of the pressures to outsource. To get a better understanding of outsourcing, let walk through the process. When a customer calls a toll-free customer service telephone number, it is possible that the call will be routed to a foreign country such as India or Argentina. A technician in that country trained by the American company to answer questions will solve the customers problem, often within a few minutes, and the customer will typically not have any idea where the call center is located. Increasingly, American companies are taking advantage of highly educated labor outside the United States where wages can be one-tenth of what these companies would pay employees within the United States. This alone makes it financially viable to investigate outsourcing in Industry. As mentioned above, India seems to be the leader in foreign o utsourcing. â€Å"For years, Indian developers have had a reputation as the offshore programming outsourcers of choice for Western corporations because of their high-quality, low-cost coding help. Now the continued availability of skilled manpower at costs far lower than in the West, cultural factors, economic conditions, and an improving telecommunications infrastructure in India and worldwide is leading U.S. and European companies to tap the skills of Indian outsourcers in other areas. Indian companies are providing sophisticated, IT-enabled back-office services for customer interaction and data processing† (Ribeiro, 2001). It would be irresponsible of me to not mention some of the negatives that have circulated recently in outsourcing. Media coverage tends to focus on those American workers who are put out of work due to outsourcing. In many cases, jobs are transferred overseas with the result that American workers are put out of work. In other cases, jobs are simply created in the foreign country which limits job creation in the United States. The current presidential candidates on both sides talk about the need to keep jobs in America. Others also mention that by outsourcing jobs, it is putting a big strain on the American Economy. But, there are some economic analysts who maintain that relocating jobs overseas will result in more and better jobs domestically. Keeping the higher skill jobs in America can improve salaries and the economy. This concept could be considered highly debatable. So, are their concerns from the management aspect? First of all, general managers’ are concerned about cost and quality drive outsourcing. The same issues such as getting existing services for a reduced price at acceptable quality standard came up repeatedly. Secondly, failure to meet service standards can force management to find other ways of achieving reliability. It is not atypical to find a company in which cumulative IT management neglect eventually culminated in an out-of-control situation the current IT department could not recover from. Management can see outsourcing as a way to fix a broken department. If someone other than your employee can create a better consultation and knowledge about a product or process, it might be advantageous to outsource that specific process. Third, a firm under intense cost or competitive pressures, which does not see IT as its core competence, may find outsourcing a way to delegate time-consuming, messy problems so it can focus scarce management time and energy on other differentiators. â€Å"Evaluate your companys ability to provide in-house training. If your in-house tech support is unable to adapt to your growing supply chain needs and provide adequate training for new technologies, you should consider outsourcing your companys logistics data and integrating it with that of a service provider that specializes in customized supply chain solutions (Industry Week, pp 67-68). Other financial issues can make outsourcing appealing. One is the opportunity to liquidate the firm’s intangible IT asset, thus strengthening the balance sheet and avoiding a stream of sporadic capital investments in the future. Also, outsourcing can turn a largely fixed-cost business into one with variable costs. This is particularly important for firms whose activities vary widely in volume from one year to another or which face significant downsizing. Other financial benefits from outsourcing included rapid funding of new systems development and economies of scale and scope. As consolidate infrastructure through IT outsourcing, a firm can experience cost reductions in hardware and software licensing, facilities, and support headcount. Hardware and software function can be extremely expensive. Outsourcing, also, can capitalize on an outside vendor’s extensive IT problem solving knowledge. An outside vendor had the ability to get more of the technology that came o ut. They could spend money on investments that a company couldn’t afford internally. That opens up a lot more avenues to future technologies. An outside vendor would manage the IT function more efficiently. A vendor’s main competency is managing computer systems. Through their skills, leverage, and economies of scale, they could provide a level of efficiency that could not be achieved at the outsourcer. Finally, Perhaps most important, outsourcing allow internal IT folks to focus on the development of a new IT infrastructure. Underlying the outsourcing effort is a fundamental strategy to offload legacy applications and operations so a firm could focus on developing new strategic application to support the global business processes, which were being reengineered. There are many ways to manage outsourcing since every company has different culture, strategy, structure, people, and process. Also, many important issues such as structure, Information management operating processes, management processes, and human resources management should be clarified. Many outsourcing contracts are structured for very long periods in a world of fast-moving technical and business change. Eight to ten years is the normal length of a contract in an environment in which computer technology performance is shifting by 20 to 30 percent per year. What is the best and newest toy today is old news tomorrow. Consequently, a deal that made sense at the beginning may take less economic sense three years later and require adjustments to function effectively. The situation from the outsourcer’s perspective is just the reverse. The first year may require a heavy capital payment followed by the extraordinary costs for switching responsibility to them and executing the appropriate cost-reduction initiatives. All this is done in anticipation of a back-loaded profit flow. At precisely the time the outsourcer is finally moving into its earnings stream, the customer, perhaps feeling the need for new services, is chafing under monthly charges and anxious to move to new IT architectures. If the customer has not had experience in partnering activities before, the relationship can develop profound tensions. The evolution of technologies often changes the strategic relevance of IT service to a firm. From the customer’s viewpoint, assigning a commodity service to an outsider is very attractive if the price is right. Delegating a firm’s service differentiator is another matter. The customer that made the original decision on efficiency will judge it differently if using effectiveness criteria later. IT outsourcing has so many positive effects for a company even though it still contains various problem needed to be solved. In the Internet age, any company may want to focus its internal staff on moving it to the environment that will support them tomorrow and outsourcing could be one of the best solutions. Also, outsourcing is really more of an integration of two separate businesses to be successful. Both want to take the best parts of each culture and put them together. In addition, critical success factors including existence of a multi-years, corporate commitment to the IM strategy and outsourcing, and quality culture and attitude should be considered in outsourcing. â€Å"Outsourcing decisions is also called a make or buy decision. It entails a choice between producing a product in house or purchasing it from an outside supplier† (Hilton, p- 593). What it all comes down to is that if a part of your business can run smoother with the help of an outside side; and can potentially save money in the long run, and then the answer is simple and concise. Outsourcing is continues to be the wave of the future and many different industries will continue to tap into this source of business. As stated in my thesis, I hope I have proved that benefits and advantageous nature of outsourcing. Sources 1- Jim Fulcher (2007, August). Back-office IT and business process outsourcing seen as another means to cost containment. Manufacturing Business Technology, 25(8), 40. Retrieved September 4, 2008, from ABI/INFORM Complete database. (Document ID: 1319266941). 2- John Ribeiro (2001, August). The back office moves to India. InfoWorld, 23(34), 26-28. Retrieved September 4, 2008, from Research Library database. (Document ID: 78299045). 3- SO YOU THINK YOU WANT TO OUTSOURCE YOUR IT? (2008, August). Industry Week, 257(8), 67-68. Retrieved September 4, 2008, from Research Library database. (Document ID: 1519268681). 4. Hilton, R. W. (2008). Managerial accounting: Creating value in a dynamic business environment (7th ed.). New York: McGraw Hill. ISBN: 0073022857 Research Papers on Pros and Cons of Outsourcing IT ManagementPETSTEL analysis of IndiaThe Project Managment Office SystemNever Been Kicked Out of a Place This NiceMarketing of Lifeboy Soap A Unilever ProductOpen Architechture a white paperBionic Assembly System: A New Concept of SelfTwilight of the UAWDefinition of Export QuotasAnalysis of Ebay Expanding into AsiaThe Effects of Illegal Immigration

Sunday, October 20, 2019

Great Essays

Great Essays Great Essays Great Essays Great essays are not easy to write, but if you are interested in the topic and if you feel inspired, you have no barriers to creating great essays.   Read the following sample of great essay.   It is well-written and will definitely gain your attention. If you have an academic assignment to write the great essay, feel free to request our custom essay writing service at any time. Our writers are working 24/7 without weekends to lend you a hand of help with any essay writing. Great Essays Sample The most important of parental allies was the nurse. It was the almost unanimous opinion of churchmen, doctors, and moralists from Erasmus on that mothers ought to breastfeed their own infants. Some theologians even tried to suggest that a failure to do so should be regarded as a mortal sin. At the same time, these writers would reluctantly add some words of advice on how to choose a nurse, a last-minute concession indicating that the practice was far too strongly entrenched in the mores of the period to be dislodged by the exhortations of a few intellectuals. In this respect, Rousseau, who has always been regarded as the revolutionary champion of maternal breastfeeding, was no less sensitive to custom than his predecessors, and his passionate appeal to mothers was followed by some sober recommendations for selecting a nurse, and even a touch of lyricism on the joys of nursing in the fresh air of the countryside. In this section, I describe the deeply rooted practice of employing nur ses, and explore some of the possible reasons for their participation in family life. The first point to note about the nurse is her poverty. "All the women who hire themselves out as nurses are peasants or women of mean estate." By contrast, the family which employed her necessarily belonged to a relatively affluent class. FranÃÆ' §ois Mauriceau noted that poor people did not even have the means to hire a nurse for the first week of the baby's life, during which time he believed the mother's own milk was not good for the infant. These women would have to breastfeed their children themselves right from the beginning. There was no possibility of help even for a brief period. He went on to single out among the people who engaged nurses "all the women of quality and a majority of the bourgeoisie." The relationship of the nurse to her employers varied with circumstances. The woman might be a long-term domestic of the parents, perhaps the nurse of earlier children from the same family. In many cases, however, she was a stranger. In Paris, placement bureaus arranged connections between nurses and families interested in doing business. Many writers deplored the frequent failure of mothers to investigate the character of the women they were choosing to feed their offspring. In spite of the doctors' urgings, this choice was often not made in advance of the birth. Where details are given, the parents, even those who seem especially thoughtful and attentive to the welfare of their children, contracted with the nurse after the baby had been delivered. Sometimes the father of the infant gave the money directly to the nurse's husband. Great Essays Writing Service What is the first step of great essays writing?   Writing an essay, you should pay attention to the format and flow of ideas.   If you cannot afford spending hours of your time in libraries, order professional customized writing assistance at our site.   Our writers are able to impress you with custom written essays!   Our prices are impressively low while the quality of written essays is unquestionably high. is a trusted and reliable online service.

Saturday, October 19, 2019

Freges Puzzle of Identity Statements Essay Example | Topics and Well Written Essays - 1500 words

Freges Puzzle of Identity Statements - Essay Example Friedrich Ludwig Gottlob Frege, a German philosopher, was one of the founder fathers of establishing a systematic and analytical approach to the philosophy of language. He instituted the idea of logically proving the quantified statements. In Frege's philosophy of language he found two puzzles, of which one related to the identity of statements. Frege says Now if we were to regard equality as a relation between that which the names 'a' and 'b' designate, it would seem that a = b could not differ from a = a (i.e. provided a = b is true). A relation would thereby be expressed of a thing to itself, and indeed one in which each thing stands to itself but to no other thing (Bencivenga E, 1993). Here, he observed that mere representation of names and descriptions does not convey the information content of a statement or a sentence in terms of logic and meaning. He further probed and found that a minimum of two relations are required for significant understanding of the language. In the subsequent paragraphs we will discuss the Frege's Puzzle of identity statements in detail and reasonably justify the solution of the puzzle as suggested by Frege himself. Identity statements are the expressions that equate the objects on both sides of the identity sign (Geach, O. and Black, Max, 1960). For example, "(2+3) = 5", "Clint is Eastwood" and "John is Peter's father". All these statements essentially belong to the same clan of kind " a= b". The statement "a = b" can only hold true when "a" and "b" both represent the same object or an individual. Now, consider a statement of kind "a = a". This statement also requires the same truth condition as required for the statement of kind "a = b". For both the cases, object or the individual is same and also, the denotations represent the same individual or the object. However, the meaning conveyed in the two cases is different. This appears to be a paradoxical situation as the representations of a unique object or an individual have a difference while being true at the same time. The Frege's puzzle states that when the difference in the representations, that is, "a" or "b" is not established by the tw o cases under consideration, then how we can find the difference in meaning or cognitive significance between the two true identity statements (Fiengo, Robert and May, Robert, 2006). Cognitive Significance of the Difference of Identity Statements To resolve the issue of difference, we first understand cognitive significance of a name or a statement. Cognitive significance of a statement, as brought out by Frege, can only be described by two important aspects of the statement, namely, 'sense' and 'reference' (Zalta, Edward N, 2005). Here, the 'sense' of the statement conveys more information then its interpretation by mere visual inspection (Schirn, M, 1976). Moreover, 'sense' is the integral part of the name and different names are associated with different 'sense' (Zalta, Edward N, 2005). A group of two or more statements may indicate or refer to a singular object but each statement has a unique sense of its own. Next, we obtain the distinction between the

Friday, October 18, 2019

Today's malware is much more sinister Essay Example | Topics and Well Written Essays - 2000 words

Today's malware is much more sinister - Essay Example This paper shall discuss malware and their current impact on private and public affairs, including the fact that the current malware is considered more sinister. A description of malware shall first be established followed by their current impact on society. A more critical analysis of the extent of their impact in relation to their original usage will also be presented. This article is being carried out in order to clarify the purpose and impact of malware, most especially the current forms of malware which has infiltrated the computer world. Malware is generally considered a nuisance to the digital and electronic community. This software comes in the form of codes, scripts, as well as other software (Skoudis and Zeltzer, 2004). It also includes various forms of hostile or intrusive software (Skoudis and Zeltzer, 2004). It also includes computer viruses, worms, spywares, adwares, Trojan horses, as well as other dangerous and damaging programs (Skoudis and Zeltzer, 2004). Legally, they are considered as computer contaminants. They are however not within the same category as defective programs which are programs often utilized for valid purposes but which contain bugs or problems which were not resolved before the release of the software (Aquilina, et.al., 2008). This is not to say however that some forms of malware may not take on the appearance of legitimate software because it may happen that some malware may seem legitimate, however in actuality, they may actually contain tracking software which may be used to gain mar keting data (Yin and Song, 2003). Malware has also led to the increase in the use of protective software, including anti-virus, anti-malware, and firewalls (Yin and Song, 2003). These programs have mostly been applied by individual as well as corporate consumers in order to prevent the illegal access of their system

Literature Review on two topics (2000 words) Essay

Literature Review on two topics (2000 words) - Essay Example Therefore, this literature review discusses approaches pertaining to risks assessments in projects. Numerous scholars have examined various methods of assessing risks in projects. As such, the topic of methods of risk assessment is well presented. The authors selected by this study present imperative publication that can help one explain the subject of risk assessment comprehensively. Risk virtually refers to the possibility of loss, disadvantage, destruction or injury that may accompany a project. Risk assessment entails identifying a qualitative and quantitative cost of risks associated with the situation. The quantitative aspect examines the magnitude of the probable loss and the chances that the risk will occur. Risk assessment should be an evolving and learning practice, capable of adjusting to novel and dynamic demands of the project. According to McManus (2004), an ideal risk management plan should employ tactical procedures, methodologies and tools effective for predicting all probable risks accurately. Ideally, studies argue that the risk management refers to a concept of identifying risk, examining the risk and outline policies or approaches for lightening the risk. Ammar, Kayis and Amornsawadwatana (2012) state that risk assessments approach should involve analyzing the experiences of successful projects and engaging reliable professionals and analysts in the field. Methods of analyzing risks vary with the industries and the purpose of the assessment. An analysis may have a financial purpose, environmental or healthy impacts purpose. Studies have identified numerous methods of assessing risks. Risk assessment methods can be grouped into three broad categories: the qualitative, semi-quantitative, and quantitative (McManus 2004, p. 23). According to Wysocki (2012), qualitative assessments enable one to identify assents of priority and classify one that demands simple and rapid evaluation. The method is applicable often in situations

Thursday, October 17, 2019

Bob Dylan Essay Example | Topics and Well Written Essays - 2500 words

Bob Dylan - Essay Example Kennedy in 1963. It was the January of 1961 when 19-year-old Bob Dylan set off towards New York City to perform and to visit his music idol Woody Guthrie. The trip was to change the course of his life. Born Robert Allen Zimmerman (1941), Dylan spent much of his youth listening to the radio, first to the powerful blues and country music stations and, later, early rock and roll. By the time he was seventeen, he started getting more interested in the subtler, Gaelic-inflected American folk music. The traditional ballads of the common folk, which were mostly vocals accompanied by an acoustic guitar. "Folk song (was) usually seen as the authentic expression of a way of life now, past or about to disappear (or in some cases, to be preserved or somehow revived). " (Middleton 1990, p.127). Folksongs fascinated the young Bob Dylan. His early influences included Joe Hill, a Swedish-American labor activist who protested through his political songs, satirical poems and speeches. Joe, executed for murder after a controversial trial, became the subject of a folksong, and an inspiration to Dylan. His other hero was folksinger Woody Guthrie, of the 'This Land is Your Land', fame. Fired up by Guthrie's passion, Dylan was in total, awestruck emulation of him. John Steinbeck commented on Guthrie, writer, poet and philosopher, "there is nothing sweet about Woody, and there is nothing sweet about the songs he sings. But there is something more important for those who will listen. There is the will of the people to endure and fight against oppression. I think we call this the American spirit." (quoted in Klein 1981) Once in New York, Dylan was swept into the maelstrom of Greenwich Village's thriving folk scene. According to Dylan, "New York was a dream.... It was a dream of the cosmopolitan riches of the mind. It was a great place for me to learn and to meet others who were on similar journeys." (Westwood One Radio, 1985). Dylan started singing in the small 'basket' clubs, where performers were paid the proceeds of a passed around basket., and soon caught the attention of critics and the public. Not long after, he signed up for his first album, which consisted mainly of familiar folk, blues and gospel material, peppered with a few of his own songs. In the meantime, the political scenario all around him was changing. Youth rebellion mainly originated on college campuses, with many emerging directly from the American Civil Rights Movement. People were questioning America's materialistic attitude, and its cultural and political norms. They were protesting racial

Decisions in Paradise, Part III Essay Example | Topics and Well Written Essays - 750 words

Decisions in Paradise, Part III - Essay Example The creation of a strong brand is vital because it facilitates the market penetration. The coffee market in Kava Island is becoming congested with new entrants. For Starbucks, to be able to increase its market share, it must be able to develop a brand image and presence. Brand image improves brand loyalty and thus improve the penetration of the product and services. Loyalty in brands can be achieved by maintaining quality and improving communication and marketing strategy. The marketing strategy of the company must improve brand awareness through advertising and social media. Social media platforms offer added value to the marketing campaign by encouraging feedback collection and participation of the consumer in product development. The success of Starbucks in Kava Island will depend on the ability to handle issues of human resource, product and service quality. Service and product quality can be addressed by the production process as such and the production process must accept the c hanges in technology and continuously improvement. In response to competition, Starbucks must work on cost cutting measures in order to reduce product price to increase product competitiveness. In reducing production cost, the restaurant will increase the penetration of its product in the market. ... Currently, social media usage must be employed to meet the younger generation. Marketing of products using online tools has increased sales volume because the clients employ online purchase of items (Beverly & Thomson, 2011). Apart from employing the online tools, social media have a massive impact on the success of the country both in business and politics. The Arab revolution is a product of social media usage in the airing of the grievances of the citizens. Facebook is the leading social media platform with massive subscribers and increased success in terms of usage. Facebook as a social media tool enjoys massive support from the youths who have employed it in communication and information transfer. Companies use social media marketing strategy to improve brand image and resonance (Beverly & Thomson, 2011, p. 123). Marketing involves the employment of all the necessary platforms of promotion and advertising with the SNSs offering a better platform for communication. Social media p latforms offer the opportunity for collection of feedback. Traditionally, feedback collection of products released in the market was hard to obtain owing to the nature of information sharing systems. The company must develop a social communication network between consumers to market and develop new ideas and services. The success of the company in communication with consumers helps to develop loyalty. Ethical implication of the proposed models actions Stakeholder involvement in the actions to be undertaken by the company will be based on the financial implication of the approach. Stakeholders worry about wealth creation and losses which may be passed over to them. Ethical issues involving stakeholders may not be resolved easily because they are not involved in business operations.

Wednesday, October 16, 2019

Bob Dylan Essay Example | Topics and Well Written Essays - 2500 words

Bob Dylan - Essay Example Kennedy in 1963. It was the January of 1961 when 19-year-old Bob Dylan set off towards New York City to perform and to visit his music idol Woody Guthrie. The trip was to change the course of his life. Born Robert Allen Zimmerman (1941), Dylan spent much of his youth listening to the radio, first to the powerful blues and country music stations and, later, early rock and roll. By the time he was seventeen, he started getting more interested in the subtler, Gaelic-inflected American folk music. The traditional ballads of the common folk, which were mostly vocals accompanied by an acoustic guitar. "Folk song (was) usually seen as the authentic expression of a way of life now, past or about to disappear (or in some cases, to be preserved or somehow revived). " (Middleton 1990, p.127). Folksongs fascinated the young Bob Dylan. His early influences included Joe Hill, a Swedish-American labor activist who protested through his political songs, satirical poems and speeches. Joe, executed for murder after a controversial trial, became the subject of a folksong, and an inspiration to Dylan. His other hero was folksinger Woody Guthrie, of the 'This Land is Your Land', fame. Fired up by Guthrie's passion, Dylan was in total, awestruck emulation of him. John Steinbeck commented on Guthrie, writer, poet and philosopher, "there is nothing sweet about Woody, and there is nothing sweet about the songs he sings. But there is something more important for those who will listen. There is the will of the people to endure and fight against oppression. I think we call this the American spirit." (quoted in Klein 1981) Once in New York, Dylan was swept into the maelstrom of Greenwich Village's thriving folk scene. According to Dylan, "New York was a dream.... It was a dream of the cosmopolitan riches of the mind. It was a great place for me to learn and to meet others who were on similar journeys." (Westwood One Radio, 1985). Dylan started singing in the small 'basket' clubs, where performers were paid the proceeds of a passed around basket., and soon caught the attention of critics and the public. Not long after, he signed up for his first album, which consisted mainly of familiar folk, blues and gospel material, peppered with a few of his own songs. In the meantime, the political scenario all around him was changing. Youth rebellion mainly originated on college campuses, with many emerging directly from the American Civil Rights Movement. People were questioning America's materialistic attitude, and its cultural and political norms. They were protesting racial

Tuesday, October 15, 2019

Leadership in strategy formulation Assignment Example | Topics and Well Written Essays - 750 words

Leadership in strategy formulation - Assignment Example .As the headline itself suggest, the article is an effort to emphasise the crucial role of leadership in strategy formulation and implementation. It has been pointed out that ‘strategy’ as such has undergone a change over the years and in today’s context the market forces play a key role in influencing strategy formulation.It has also been stated that, â€Å"†¦.Strategy must be a dynamic tool for guiding the development of a company over time†. This implies that strategist must be constantly on the watch regarding the process of implementation. In addition, in order to come out with desired results, the strategists must also monitor the policies being adopted by companies in the competition. Michel Porter, suggested that a company could gain sustainable competitive advantage provide it follows any of the three generic strategies, namely; If the company is able to become the lowest cost producer of the product or service in the industry and is able to e ffectively pass it on to the customers, then it can very well acquire the cost leadership. To support the argument Montgomery has cited the example of Ryan air, a successful low cost airline. Ryan air started off as a full service airliner priced at less than half the fares of rival companies, but soon realised that in order to make inroads into the customer base of rival companies it has to do something innovative on prices front, and thus converted to no-frills, low cost airline. Product or Service Differentiation: The article too emphasises the importance of product differentiation in order to be able to do successful business, gain profitability and establish a brand identity. Montgomery points out that this has been possible with the infusion of economics into strategy formulation. In this strategy, companies try out efforts to offer some pleasant surprises to the customer. Some innovative features are added to the product or service so that the customer could perceive some uniqueness in the product or service. Montgomery cites the example of IBM, when its CEO solicited views from the employees of IBM on; If our company disappeared tonight, how different would the world be tomorrow Is there something about our company that makes a unique contribution to the world The article further emphasises that, "It (strategy) has become more about formulation than implementation and more about getting the idea right at the outset than living with strategy over time". This statement depicts the dynamic and evolutionary nature of strategy formulation. The rapid pace, with which changes are taking place, makes it pertinent on the part of the strategists that they should formulate the strategy in such a manner that it can deliver the optimum benefits to the company the very first time itself. Because, once the strategy is known to competitors, they are bound to come out with a counter-strategy. As has been elaborated in the article itself that while gaining depth, the strategy has lost breadth, which implies that the strategy has become more focused towards its objective/s. 2. How do these three current views of strategy - the RBV(resource-based view), strategy positioning and emergent theory - fit with Montgomery's idea that strategy must be a "dynamic tool "and needs to be "lived with over time". Three current views of strategy include, the Resource Based View (RBV), strategy positioning and emergent theory. RBV is a method for analyzing the strengths and weaknesses of the company. Such a view helps in explaining the competitive edge of the company based on the resources and capabilities of the company. For the purpose of RBV analysis, resources for a company can be classified in three broad categories, namely tangible assets, intangible assets and organisational capabilities. Positioning of the strategy is another crucial aspect which determines the success or failure of the strategy. It is

PBGC Company Profile Essay Example for Free

PBGC Company Profile Essay PBGC is an abbreviation of a Pension Benefit Guaranty Corporation. The purpose of this federal corporation is to protect American’s pension. Its mission is related to protection: Forty four million American workers retirement income is currently being protected in more than 30000 benefit pension plans of private single-employer and multiemployer. Its formation is the result of an act of 1974 by the name Employee Retirement Income Security Act. It has the following objectives: First It helps private-sector define benefit pension plans to be continued and remain well maintained. Second is to provide pension benefits payment time to time, without any interruption. Its third objective is to keep minimum pension insurance premiums. The defined benefit pension plan gives pension on a monthly basis to the retirees but the pension amount is depended upon the salary and the year of services the retirees have rendered. The corporation does not only give monthly payments to retirees up to the guaranteed maximum but also the multiemployer plans participants and one who have not retired yet get financial assistance from it. General Tax Revenues don’t give any kind of fund to this corporation. Insurance premiums financed the operations of this federal corporation which was being set by Congress. Insurance premium is being paid by the sponsors defined for each benefit plan that are basically employers. The recoveries are being made from the companies which would be responsible for the plans in the past. Earnings come from investments for this corporation. According to the plan ended in 2008, workers will get $4,312. 50 monthly when they will get retire at the age of 65. It serves the range of customer’s e. g. general public, media and so on. Board of directors including the Secretaries of Labor (Chair), Commerce and the Treasury guided the operations of PBGC. The two highest priorities of this administration is to reform the defined benefit pension system and bring improvement in retirement security. It contributed in the development of Pension Protection Act of 2006. Since PBGC has worked over the last 33 years for the protection plan of participant’s interests and also to support private pension system’s growth; millions of American workers can now think about secured retirement along with their families. Both the benefit plan and the guarantee by PBGC have made a difference in the lives of the diligent Americans. Annually about $4 million is being given by this corporation to 44 million Americans. The development of the 2006 act not only improved the status of funding of many defined benefit plans but also pension system is being strengthened. Competitive advantage: The corporation has been very effective throughout in managing change over the past few years,’ pension insurance programs have faced many unexpected challenges. The corporation also won an award of managing its work force superbly in this changing business environment. The executive director said: â€Å"We are pleased to be recognized for having the right people, processes and systems in place to manage a doubling of our customer base with no diminution in the quality of our customer service. † (www. pbgc. gov,2008). It was being a first federal agency which got the full certification for its executive evaluation system. It got plenty of awards presented in magazines. These are as under: General Excellence, Service, Competitive Advantage, Global Outlook, Innovation, Managing Change, Financial Impact, Partnership, Ethical Practice and Vision. Weaknesses of PBGC: Weaknesses of PBGC’s certification and accreditation (CA): This would impact the accuracy and completion of information which would affect the credibility of the corporation. It also affects the capability of the corporation to take and manage risks. It compromises agency’s personnel and assets too. There should be an effective CA system to assure security of assets, personnel and operations and that could assure that the corporation is capable enough to meet its functional requirements. The National Institute of Standards and Technology Special Publication 800-37, Accreditation of Federal Information Systems and Guide for the Security Certification provides the framework under 2002 act named as the Federal Information Security Management Act, Public Law 107-347, for how CA program of this corporation should be implemented. Inadequate security policy and plan: The security policy and plan of the current information of PBGC are not according to the guidance provided by National Institute of Standards and Technology Special (NIST) under Federal Information Security Management Act. NIST has developed guidance and standards. It also includes minimum requirement to provide sufficient security of information for all agency assets and operations Change in organizational structure: In 2006 the reorganization of the OIT i. e. ffice of information technology had badly affected the Information System Security Officer’s ability to ensure appropriate operational security for PBGC’s information system. It affected the clarity for officer in terms of his responsibilities and accountability. It made it hard for the officer to establish security standards and procedures. Internal control weaknesses: High risk is being involved in the PBGC’s single-employer pension insurance program. The program had an accumulated deficit of $5. 4 billion in 2003 which was the largest one in history of the corporation. Under funding also increased dramatically in private pension system. The deficit was due to the following reasons: bankrupt firm’s under funded pension plans were ceased, there was a drawback in funding rules, stock market and interest rates decline, companies went global and economy is turned into knowledge based economy. The company had taken steps to improve the internal control for premiums. This is being done for two reasons. First Safeguard of assets: controls must be establish to ensure that cost and obligation are according to the law applicable and assets are safeguarded against any loss or related factors. Second reason is Financial Reporting: it is to ensure that proper reporting is being done of all the revenues and expenditures so that documentation and reports can be made and are accurate. Data Quality Weaknesses: Incorrect data entry, adjustments, and system-generated balances generate errors. Because of the data quality issue, the corporation is unable to ensure the accuracy and completeness of premium data by utilizing Past Due Filing Notices and Statements of Account. The 1st one used to notify plans which had not yet submitted premium filings and 2nd one is used to ensure that underpaid/overpaid premiums from a plan sponsor could be sort out effectively. During auditing it was being noticed that these two tools are not being used timely as it requires significant resources before mailing. Due to this, premiums could not be collected and errors could not be detected. Additionally policies and procedures have not been documented, communicated, or implemented throughout PBGC which is related to the premium accounting cycle. www. pbgc. gov,2008). Business Strategy: The new investment strategy is being formulated to balance risk and return and to improve chances of reaching full funding over the long run. According to this strategy diversified set of fixed-income investments and diversified equity investments both will be given 45% of its assets each and 10% will be given to alternative investment. Financial Information: A deficit of $18. 1 billion was being posted by insurance program for single-employer pension plans in fiscal year 2006. Due to the airline relief provisions in the Pension Protection Act, the corporation managed to reduce its probable liabilities. This led to a $4. 7 billion net improvement. It announces maximum insurance benefit for 2009. The amount would be higher for those who retire later and vise versa. The corporation had a peak year in 2000 when they had a surplus of $10 billion almost which was followed by surplus of $8 billion in 2001. The corporation got the calls in order to stop charging premiums. It got around $9 billion claims in 2002. The claims were because of airline and steel industry. (www. soa. org, n. d. ).

Monday, October 14, 2019

Polygamy and monogamy practices

Polygamy and monogamy practices Since creation, according to bible, God created man and woman as well as animals which were both male and female. In such a situations where there exists animals of different sex, it allows the reproduction and stability of one generation after another generation. Human beings are known social beings, and in most cases need one another to survive, therefore its difficult to exclusively depend on themselves. To produce offspring, they usually marry and have children which in turn, becomes the standard of creation for the human population. Even though we all share the similarity of being human beings, there still exists differences in what we believe in and the values that we attach to various things. One of these things, is the topic of marriage, which by definition, is a reunion of a man and a woman to come together and live together as a husband and wife. Due to the diverse objectives that people have in marriage, some people consider that having one wife (monogamy) is the ideal met hod, whereas others believe in having a number of wives (polygamy) (Family,2009). This paper seeks to have an in-depth look at the two issues; polygamy and monogamy by looking at what the proponents of each thinks about it as well as look at countries that have practiced them. It will also look at pros and cons of each as well, and why people should respect one another despite which side they take. Last but not least, the paper will analyze the cultural beliefs of the two groups and dig deeper on why they hold on their beliefs and reasons they give to support their stand. Monogamy, is one of the most widely used form of marriage and its supporters believe in one man/woman to one wife/husband. Monogamy is derived from the Greek word mono, which means alone, and gamos, meaning re-union or marriage. It is believed that the majority of the human race practice monogamy as opposed to polygamy. One benefit considered of monogamy, is that it increases the chances of offspring survival because the parents collaborate together and raise the child ( Edward,1928). This perception does seem to be changing with time due to complexities of fast paced, modern life though. In the past, it was common for men to go to work while the woman was supposed to maintain the house hold duties, which also included raising the children. The modern world has changed this though, and now there is no distinct roles between men and women. Equally now, both must work hard to cope and deal with the challenges of modern life. Monogamy can be categorized and broken into four groups: soci al monogamy, sexual monogamy, marital monogamy and genetic monogamy. There exists small differences between these groups and that is why this paper all discussion will be centered on the man and woman perspective of monogamy. Many communities have in the past and are currently now practicing monogamy. Monogamy is as old as Adam and Eve, for during creation, God created one woman and one man. It is anticipated by some people that Christianity has a connection with the origin of monogamy ( Edward,1928). Europe just happens to be one of the countries where Christianity took its toll and spread rapidly. Before Christianity, Europe practiced polygamy. The roman culture believed in monogamy to such an extent that those who failed to observe the rules, faced dire consequences. Due to the severe penalties, some people even went to the extent of killing their wives so that they could have an opportunity of marrying another one. Cesar is an example of one who banished and killed his wife in o rder to get the opportunity of marrying another one (William,u.d.). This indicates how strong their culture laws were and how people desperately tried to abide by them. The great conqueror Napoleon, was also forced to divorce his first wife so that he could marry another one order to birth a son. This shows how deep rooted these cultures were by going to the extent of making a laws which were to be observed by all of the population. These cultures main goals were making sure the chances of immorality were reduced, as well as helping couples remain committed to each other. It is evident that no matter how strict a country was, monogamy is hard to uphold as it can be seen in Rome, where although marriage was monogamous, the sexual relationship did not follow the same, and mating was polygamous (Eshleman, 1994). People abided by the rules, and most cultural beliefs were upheld and embraced by the community. One downside to these beliefs, was lack in acceptance by all of its citizens an d some accepted it just because they lacked any alternatives. The communities that practiced monogamy stood a better chance of having families that worked together towards a common goal like raising children, giving them parental love and attention which are very crucial to the development child. As opposed to polygamous family, where most of the time the husband can not afford to be with all wives and his children at the same time. A polygamous father quite simply, cannot afford it. The children from these families are not likely in most cases to fully enjoy the parental love of both parents like those from monogamous family. In the Roman Empire, the consequences of bigamy were severe as death. This means that the citizens had no other option but to abide by them. The Empire saw it as a way to reduce the numbers of unwanted children, lower the levels of immorality, and lessen the amount of single mothers resulting from divorce, due to unfavorable conditions that arise with polygamy . Even though this culture was imitated, it still has its weakness because most its foremost people had children outside marriage as well as concubines on the side. It showed disregard for human rights, because some women were divorced or murdered so that the men could get the opportunity to marry another one. The culture also lacked proportion matching especially in comparison to modern days since the male to female ratio does not compute. This means that a great number of women would turn out to be single since their population is so high. In turn, the women who birth children out of marriage, will raise children that are not able to receive parental love from the father. Those children then do not have much choice but to lean on what they see their mother doing, and in some cases, the traits they acquire, might not be ideal ones. Polygamy is derived from the Greek word, which means the practice of having many women. This practice is very old and was practiced in many countries throughout the world. The practice is predominant in many African countries, where ones wealth is calculated in terms of how many children one has. They believe that when one person is in position to feed many mouths, that it translates to that one person having enough wealth since poor people could not afford to feed numerous children. Other countries have different reasons to why they allowed its citizens to practice polygamy. This discussion will focus on one of the African countries, Kenya, where currently, some of its communities still do practice polygamy (volume 10, 1967). Before colonization, people used to have their own standards of living as well as doctrines and laws that they had to abide by. Kenya happens to have more than 42 tribes where each tribe has its own beliefs and culture to follow. Most of these tribes, acknowledge polygamy and it is suggested by Ngugi (2006) that women once they perceive that they are reaching old age, could suggest that their husband marry another younger woman who to help him with house hold chores as well as marital needs. To many Kenyans, they believed polygamy to be essential in making it possible for the continuation of a generation. This was a time when children used to die in large numbers at extremely tender ages, due to diseases like measles, polio amongst others. It was then considered vital for a man to marry many women and reproduce many children so that even if a majority of them were dying, the hopes and chances that a few of them would survive was increased. The Kenyan culture accepted polygamy and eve n women themselves did not feel cheated nor did they object to it. A good example is the Luo community in Kenya in currently, polygamy is still practiced. Wife inheritance which is also a part of polygamy is being practiced as well (Ngugi, 2008)). According to their culture, this habit is encouraged to discourage the chances of the widowed woman from going out to look for other men, and instead be inherited by one of the brothers of her deceased husband. Another reason that is supported by those who practice polygamy, is to bring about a balance between men and women. Since the womens numbers are many, it is believed by the men practicing it, that more women in turn will be able to get husbands. The African culture means well in practicing polygamy, and has good intentions in doing so. These women and communities as a whole, believe it better to have a co-wife and abolish the need for their men to have hidden relations with other women outside the marriage. Therefore there was no more secret business, and men could inform their wives of their intention to marry another woman as they deemed right (Ngugi,2008). Lately though there has been a decline in the practice of polygamy, resulting from many people embracing Christianity i n Kenya. Many are now abiding by doctrines of the church and because of this immorality and promiscuity is on the rise. Research has shown that both married women and men are having other relationships outside their marriages, contributing to a high HIV infection rate in these groups. Polygamy is associated with such benefits as the impartiality in the distribution of wealth. This is because polygamy in most cases is practiced by men who are financially stable. By them marrying many women, there will be a steady flow of cash, either through gift or even just by merely supporting the women that he marries (William,2009). Immorality and promiscuity rates also decline along with sexually transmitted diseases, for the simple fact that a man will be content with women he has. There are also more morals imposed in such a society, and instead of women resulting to using devices such as sex toys to fulfill their needs, they stand a much better chance of getting men who will satisfy their ne eds sexually instead. Human beings are emotional and require a channel or means of satisfying those feelings. When that opportunity is not presented, they can result to other untraditional means to satisfy their emotions. Polygamy also has its shortcomings which can vary depending on how it is practiced. When it occurs with individuals who are not economically stable, children might suffer and lack basic needs due to the number of children the man will be providing for. It also neglects the children of paternal love since they can not have their father on daily basis. It can also make women feel not fully appreciated and wonder why their man would be looking at other women. In the current times, it can lead to mistrust, and increasing the risk of contracting sexually transmitted diseases (Mirriam, 2006). In looking at both polygamy and monogamy, each one of them seems to have its advantages and disadvantages. Keeping in mind that humans are social beings who like to interact with each other, people should learn to appreciate other peoples cultures since we can perceive things differently and what some may consider as right, may be considered as very wrong in another country. Even though this has always been a controversial topic as to what people recognize as its pertaining issues, but it is really time for people to appreciate the difference that exists between people and the only way to solve this is by learning about the positive things from the given cultural community and disregard what could be perceived to be of less importance (Jenks, 2006). Communities can not exist on their own and they require a collaboration with others to co-exist peacefully. It is important to not only realize but appreciate that there are disparities between these two types of marriages and the childre n brought out of each of them exhibit the differences in the values that they learned from their parents. Research done has indicated that children from polygamous family might have more negative attitudes towards their step siblings and are often lacking in genuine love towards each other. In extreme cases, they sometimes rise against one another and even cause bodily harm to one another. Often lacking in fatherly love, they generally seem to perceive their father in a negative light as well. All that having been said, people will continue behaving differently and that is why laws play a vital role ensuring that people abide by them and operate within those boundaries. Through social interaction, people get to discover other peoples different ways of living and their abilities to interact with each other. References Jencks E N (2009).The History and Philosophy of Marriage: Or, Polygamy and Monogamy Compared: Oxford publishers Ngugi, J. polygamy in Kenya.Nairobi. Oxford publishers. Miriam K. (2006).Polygamy: a cross-cultural analysis. New York: Up. A citizen of Massachusetts (1882).Marriage: monogamy and polygamy on the basis of divine law, of natural law University of Michigan James Campbell An international journal of social, political and legal , Volume 10: 1967: retrieved on 6/12/2009 from: n+monogamy+and+polygamylr=client=firefox-a Edward B. (1928). The Journal of general psychology, Volume 1 retrieved on 6/12/2009 from http://books.google.co.ke/books?id=Kv37YlSy7oICq=journals+on+monogamy+and+polygamydq=journals+on+monogamy+and+polygamylr=client=firefox-a Say NO to monogamy and YES to polygamy.2009. Retrieved on 6/12/2009 from http://www.hipforums.com/modules/Journal/viewentry.php?journalnoteid=13005 William M .The family, society, and the individual: retrieved on 6/12/2009 from: gamydq=journals+on+monogamy+and+polygamylr=client=firefox-a Eshleman, J. (1994). The Family. retrieved on 6/12/2009 from: ygamylr=client=firefox-a

Saturday, October 12, 2019

My Grandmother: A Powerful Woman Essay -- Personal Narrative

My Grandmother: A Powerful Woman Stella Stefanides was born fifty-four years ago in a small village by the Greek-Bulgarian border. Her life reads like a fictional story about deprivation, loss, love and hardships. This woman, whom I am referring to happens to be my grandmother. Her life is truly inspiring because she has overcome many difficulties and continues to be the glue that holds my family together. Stella was born in the time of the civil war in Greece. Her parents had many babies but they would all die after being removed from their mothers’ womb, which was very common at the time due to the lack of medical assistance. After dealing with the death of five babies, Theano, Stella's mom, was convinced that her dreams of having children were never to be realized. Even as a baby, Stella was a fighter. She fought for her little life and won. That's where she got her name "Stiliani," which means strong in Greek. That name truly captures the essence of her. Growing up was hard. Dealing with the war, the conflicts, the poverty, Stella, just like any other child, had to work. Because she is a female, school was not a priority. Although she wanted to help her family, she insisted on going to school. Craving to learn something new, to explore the world beyond her village borders; she told her parents that she would never leave school. She was willing and able to do both. They agree d, as long as it wouldn't interfere with her work. Deep down inside, her parents were happy that they had a headstrong, smart daughter. School and work weren't easy for Stella. Adding to the picture was a new brother, Savva. Taking care of him while her parents were at the fields became her responsibility. The responsibilities of school, work, takin... ...oss and makes all the decisions. Every customer and community member knows and loves "Mamma Stella." She listens, smiles and is always ready with a kind word and a hug. She yells when you don't finish your food and is generous with goods she bakes in her kitchen. Stella is an individual who fully embodies the "American Dream." She has had to fight to get where she is and she is passionate about staying there. Her family always comes first and their problems are hers. Stella is admired by many for her love, strength and fierce determination. These qualities were given to her so that she would make a difference in people's lives. She has taken those tools in hand and successfully crafted an amazing life for herself and her family. I am honored and lucky that Grandma Stella is a part of my life. She inspires me to achieve great things. I am who I am because of her.

Friday, October 11, 2019

Wise Blood Character Annalysis- Enoch Emery

Wise Blood Character Evaluation Essay: Enoch Emery In the book â€Å"Wise Blood† by Flannery O’Connor, Enoch Emery is first introduced into the story in the third chapter when the main character. Emoch runs into the main character Hazel motes on the street in a crowd of people surrounding a man selling potato peelers. Enoch is an eighteen years old and is described as a â€Å"damp haired pimpled boy† with â€Å"yellow hair and a fox-shaped face. †(pg. 5) We are quickly shown his lack of intelligence by his terrible grasp on the English language and him only laughing after being mocked by the peeler sales man.Enoch is an impulsive rude boy, who just does and says what he wants not thinking of the consequences of his actions. He makes new enemies everywhere. Mocking and snickering at waitresses, making inappropriate comments, getting himself called names like â€Å"son of a bitch. † More than anything he is just simple minded. He does these things bec ause he does not think of consequences. He says there are no friendly people in the city, but he probably is just not giving anyone a good reason to be friendly towards him. Enoch is instantly drawn towards Hazel Motes by something he calls â€Å"wise blood. He claims he inherited wise blood from his father and that it tells him what to do and where to go. Enoch believes that his wise blood will come in handy to Hazel in his mission to start â€Å"The Church Without Christ. † Hazel just sees Enoch as an insane obsessive teenage boy though and wants nothing to do with him. Enoch tries to tag along with Hazel but is rejected by him immediately. However, soon after Hazel got rid of Enoch, he found himself having to go to his work at the city zoo to fetch him. Thinking that Enoch knew where to find the blind preacher and his daughter, Hazel decided to follow him.Before Enoch brought Hazel to the preacher he had to show Hazel what he thought was a huge secret. One he could only t ell someone who he felt was the chosen one to share it with. This person had to be someone who he felt was pure and not from the city. He immediately knew it to be Hazel and felt he had to find a way to share what he knew with him. Enoch took Hazel to a museum that was through the woods from his work, telling Hazel that he would not tell him where the preacher lived unless Hazel saw what Enoch wanted to show him.When they got inside Enoch told Hazel to be quiet as to not wake the guard who did not like Enoch very much. When they finally arrived where Enoch wanted to bring Hazel it turned out that what he was showing Hazel was a three foot tall shrunken man in a glass case. â€Å"See theter notice,† Enoch said in a church whisper, pointing to a type written card at the man’s foot, â€Å"it says he was once as tall as you or me. Some A-rabs did it to him in six months. † He turned his head cautiously to see Hazel Motes. † (pg. 94) Enoch believed that this wa s the new Christ that Hazel was searching to find for his Church Without Christ.When Hazel saw this however he wanted nothing to do with the shrunken man and stormed out. Although Enoch had told Hazel that he knew where the two of them lived it was a lie. However he went ahead anyway with Hazel, trying to rely on his wise blood to guide him. In the end they ended up not finding the blind preaches house, only filling Hazel with more hatred towards Enoch. Enoch’s blood was telling him that Hazel needed the shrunken man for his church without Christ so he knew he had to steal it from the museum.Enoch went to the museum with shoe polish covering his face and hands so that if anyone were to see him they would suspect a colored man and not him. Enoch managed to steal the shrunken man without any witnesses. Enoch brought the man home and put him carefully away, afraid to even look at it. He suspected that he would soon be rewarded for his actions. So he sat and waited, but nothing h appened. Enoch waited longer, but still nothing happened. Finally he gave up, slamming the door to the cabinet the shrunken man was in, smashing it’s face.Since nobody saw him steal the shrunken man he could still possibly be a suspect so Enoch put on a hat and a fake beard and headed off to the address that Sabbath Hawks gave him to find Hazel Motes. When he got to the house Sabbath answered Hazel’s door saying that Hazel was ill and persuaded him to leave the package with her, not knowing that it was the shrunken man inside. â€Å"My man is sick today and sleeping,† she said, â€Å"because he didn’t sleep none last night. What you want? † â€Å"This is for him, it ain’t for you,† Enoch said, handing her the wet bundle. A friend of his gave it to me to give to him. I don’t know what’s in it. † â€Å"I’ll take care of it,† she said. â€Å"You needn’t to worry none† (pg. 183) Enoch left s lamming the door and despite Enoch’s request not to open it and to deliver it directly to Hazel she brought it to the bathroom and started to tear open the package, despite Enoch’s wishes of her. Later Enoch discovers a line of children waiting to shake hands with a gorilla named Gonga, which is really just a man in a gorilla suit. Enoch, being the simple minded fool that he is, gets in line with all the small children.The children who are there to see a movie staring Gonga not just to shake hands with a fake gorilla, but Enoch wanted nothing to do with the movie, only wanting to shake the man’s hand and trying each time to strike conversation but then being pushed aside. The man in the Gonga suit ends up telling Enoch to go to hell, this being the first time that anyone from the city reached out their hand to Enoch and then this being the reaction to potential conversation, Enoch was immediately crushed and storms off.Later Enoch is in a diner and reads that Go nga is going to be at another local theater so he tracks him down. Enoch climbs into the back of the van that Gonga arrived in, hid, and waited for them to leave. Once they finished they loaded up the van and left. Enoch stayed in the van until they came to a stop at a crossing where he jumped out holding the Gonga suit and ran off to the woods where he buries his human clothes and sets off into the night ready to meet people as his new identity of Gonga.Overjoyed Enoch feels that he is finally being rewarded as he should be. Enoch walks down to the edge of the road where he finds a man and woman sitting on a rock over looking the city. As he tries to greet them they scream and run off. Enoch’s hands drop to his sides and he is left alone in the dark looking out over the city. This is the last we ever hear from him for the rest of the story. One of Enoch’s main roles is â€Å"Wise Blood† is comic relief. He is pretty much the only character to bring humor to the story throughout the book.He is constantly making bad decisions and always trying to insult people everywhere he goes. He is also where the title of the story comes from. Enoch is the only character in the book that actually claims to have â€Å"wise blood,† which he claims he inherited from his father who also had it. Enoch is clueless in life and the only important decisions he ever makes are ones he feels like he has no choice but to make since he feels his blood is telling him what to do, and it is almost impossible for him to ignore what the wise blood wants.

Thursday, October 10, 2019

Law Revision

She care for her own self interest and has not bring a new product opportunity to FAA Case: Re Come 191 1 Fact: A father had been assisted in his business by his second son. After the father's death, the mother transferred the business assets to that second son. After her death, the elder son sought the transfer Of those assets back into her estate, saying that in the absence of her having taken independent advice, the younger son's position brought an implication of undue influence.Director's fiduciary duties are owed only to the company, not to the individual share holders. Case: Percival v Wright 1902 Facts: Percival wished to sell his shares in the company and wrote to the company secretary asking if he knew f anyone willing to buy. After negotiations, the chairman of the board of directors arranged the purchase of 253 shares, 85 for himself and 84 for each of his fellow directors at a price based on Percival valuation of the shares. The transfers were approved by the board and t he transactions completed.Soon afterwards, Percival discovered that prior to and during the negotiations for the sale of his shares, another person was negotiating with the board for the purchase of the whole company and was offering various prices for shares, all of which exceeded the price paid to Percival. Percival then brought n action against the directors asking for the sale of his shares to be set aside for non-disclosure. Held: The directors are not trustee for the individual shareholders and may purchase their shares without disclosing that they are negotiating for the sale of the entire company.Fruity has not informed to the board of FAA when she set up a company called Cure Life Ltd (CLC) and become majority shareholder. Case: The board of trustees of the Saba Foundation & Or's v Dates Seed chick bin Seed Mohamed & nor [1 999] ‘A fiduciary is someone who has undertake to act for or on behalf of another in a particular tater in circumstances which give rise to a rela tionship of trust and confidence. The distinguishing obligation of a fiduciary is the obligation of loyalty. The principal is entitled to the single minded loyalty of his fiduciary†¦ This core liability has several facts.A fiduciary must act in good faith; he must not make for his own benefit or the benefit of a third person without the informed consent Of his principal. This is not intended to be an exhaustive list, but it is sufficient to indicate the nature of fiduciary obligations.. They are the defining characteristics of the fiduciary†¦ E is not subject to fiduciary obligations because he is fiduciary; it is because he is subject to them that he is a fiduciary. ‘ The key fide carry obligations of the directors are To act Boniface in the interest of the company Directors are required to act Boniface for the benefit of the company as a whole.The Act also imposes similar duty on directors: SSL 32 (1) Case: Re Lee Barrens Ltd [1932] Facts: A dispute arose over the purchase by the company of pension policies for the benefit of employees and their spouses. It was claimed that the particular policy issued was a misuse of the directors' power. Held: The judge set out a three part test for determining whether the directors were using their powers properly: (1) Was the transaction entered into in good faith? (2) Was the transaction reasonably incidental to the carrying on of the company's business? (3) Was the transaction done for the benefit of the company and to promote its prosperity? 1) No (2) NO (3) Yes TO exercise their power under the company's constitution for proper purpose Because directors are fiduciaries they can only exercise powers given to them for the purpose for which those powers were given and for no other purpose or which those powers were given and for no other purpose, and the exercise of a power for an improper purpose can be challenged even if the directors' good faith is not in question To avoid conflict of interest and not to profit from their position In the situation, Fruity has proposed FAA enters into a contract with CLC to buy supplies of the organic fruit drink product for resale.The board agrees and as part of the contract Fruity negotiates with the board that she will be paid RUMOR,000 commission because she drew the board's attention to this new product opportunity. The board of FAA did not know that Fruity is the majority shareholder of CLC. There is a conflict of interest between the two position Managing Director of Freshness Always Sad Bad and as the majority shareholder of CLC. Fruity also has set up the price for commission of RUMOR,OOH to draw attention towards the new product opportunity.Case: Aberdeen Railway co v Blaine Brose [1843-60] Facts: The railway company agreed to buy chairs from a partnership, Blaine Brose. Blaine, a member of the partnership was also a director of the company. When the partners tried to enforce the contract the company successfully claimed that the contra ct was avoidable owing to the director's conflict of interest. Held: Lord Charwoman said: â€Å"His duty to the company imposed on him the obligation of obtaining these iron chairs at the lowest possible price.His personal interest would let him in an entirely opposite direction – would induce him to fix the price as high as possible. This is the very evil against which the rule is directed. † A director has a duty not to make a personal profit out of his connection with the company. This rule applies even if no loss is suffered by the company. However, if he does he must count for the profit to the company. Fruity has make a personal profit in connection with FAA and CLC. The FAA may suffer no loss due to FAA makes large profits selling the organic green product.Case: Industrial Development Consultants Ltd v Cooley [1 972] Facts: The managing director of IDS attempted to secure a contract on Id's behalf with the Eastern Gas Board. KGB indicated to him that they were n ot prepared to deal with IDS but might be prepared to contract with the director (Cooley) personally. Cooley then represented to IDS that he was ill and was allowed to terminate his contract t short notice. He then negotiated with KGB and obtained the consultancy for himself. Held: He must account to IDS for the profit he obtained for the contracts.He was in breach of duty and it was immaterial that IDS could not have obtained the contract itself. Case: Cook v Deeds [1 91 6] Facts: Three directors of the Toronto Construction Co Ltd were supposed to be negotiating a construction contract on behalf of the company. Instead they formed another company and took the Contract for themselves. They were holders of 75% of the share capital of Toronto Construction, and used this charity to pass a resolution at general meeting that the company had no interest in the contract.Held: A director can normally keep a personal profit the company consents, but this consent is invalid if the director co ncerned controls the voting at general meeting. This was fraud on the minority. Section 131 (1) requires a director who is directly or indirectly interested in a contract with his company to declare promptly the nature of that interest at meeting of directors. Section 132(1) imposes a broad duty on directors at all the times to act honestly and exercise reasonable diligence in the exercise of heir power and the discharge of the duties of their office.This is based on a question of fact: case Yen Hinge enterprise Sad Bad v Dates Dry Eng pooh Aka [1 988] Regarding the extend of the meaning of â€Å"honesty', the case of Multi Pack Singapore pet Ltd ( In Receivership ) v Interact Ltd & Or's [1994] explains that this does not mean that the directors had acted fraudulently, it means that he must act bona fide in the interests of the company and that in exercising his creation, the director should act only to promote and advance the interest of the company'. Misuse of confidential inform ation