Marriage Problems Essay

Few of us do like to be told what to do. Hitting each other between the eyes with issues you know you know your partner is insecure about will not help you resolve the issue. The silence or fights that usually follow just perpetuate the cycling of pursuing behavior followed by distancing behavior. Help lead an obstinate partner to make some choices for himherself. Friends, lovers, and business partners learn what your vulnerabilities and insecurities are just by spending time with you. You can avoid cycling into repetitive arguments by discussing your own fears and areas of vulnerability. Leslie could tell Jim that she worries about being a nag and knows that her request is not nagging just a request for cooperation. The conversation with Jim can continue now. Leslie could further ask what needs to happen first before they attend to chores. Leslie has given Jim room now to make a choice. He might say he wants to pay bills, work out, make love with her, before they clean the house. You want to move toward shared decision making to move away from power struggles. Good friendship, love, and business relationships are built on mutual trust, respect, cooperation and reciprocity. If you are not cooperating with each other, each person must look at themselves and come up with what each willfully says, does or does not say or do that is contributing to the problem. Next, you can discuss what each of you are willing to do to change yourself. All relationships need elasticity to grow over time. Remember that it does take two to tango. A relationship problem is always our problem. Together you create the peacock dances and together problems can be resolved. You show you care about having a healthy relationship when you are willing to rationally and calmly resolve conflicts. Know when to disengage as well as engage in a conversation. When a person is under the influence of substances or too angry to talk, wait for a clear headed time frame to talk. Some behaviors are always unacceptable. Don’t fight dirty. No one drives you to drink or strike another person. When behavior is extreme, you are out of touch with yourself and control with yourself. You always have the choice to be extremely aggravated and express that long before you feel like acting out your anger by drowning your feelings or striking out. Debt If you and your spouse jointly apply for a credit card or loan, both your credit scores will be checked to approve the application. If one or both of you have bad credit, there’s a chance your application won’t be approved. Or, if the application’s approved, the interest rate and fees might be higher than if the spouse with the higher credit score applied separately. With joint accounts and accounts on which one spouse is an authorized user, the history of the account is reported on both spouses’ credit reports, even if only one spouse actually uses the account. On joint accounts, both spouses are responsible for making credit card and loan payments. Furthermore, if the account becomes delinquent, the creditor or lender will attempt to collect from both spouses. With authorized user accounts, only the primary account holder is legally responsible for paying the credit card debt.

Business Entity Case Study Essay

Lou, Jose and Miriam can go into business in the form of a corporation, or partnership, or LLC where Miriam provides monetary capital, while Lou and Jose provide manpower. An operating agreement or purchase-option agreement should be established under which Lou and Jose could each buy a predetermined portion of the business at a predetermined cost. If they choose to establish a corporation, they can elect to be taxed as an S corporation where they will not pay tax at the corporate level. The taxes will be paid at the personal level to avoid double taxation. One thing that should be guarded against is entering into a future agreement where manpower or future personal effort will be exchanged for shares or capital contributions. This is because capital contributions must have present value. Furthermore, Miriam must be aware that any present transfer of her capital contributions to either Lou or Jose capital account or shares, could be considered as a gift, and could subject Miriam to g ift taxation. Also, it could be viewed as taxable income to Lou and Jose, which would reduce their net investment value (Hartman, 2006). Extermination Business Based on the fact that Frank wants to establish the extermination business in many different places, the first thing he needs to think of is that his business should be a corporation. His plan will not qualify for a limited partnership. The only option available to Frank is the corporate option because Frank plans on establishing the business nationwide. Projecting the expected growth rate of the business, it may be best to file for a standard C corporation which will allow his business to take in more than 30 investors which will likely occur based on franchises or other opportunities by which he can acquire investor money for the business. One of the primary reasons is to remove his own personal liability by making the company a legal entity of its own. Frank must pay careful attention to the fact that he will be using chemicals in homes and they must be properly tested and  approved for public use. He must make sure that all the chemicals meet the requirements of necessary to be used in people’s home. Because of this, it is important for Frank to have someone who can take the time to verify the validity of each product that he uses to ensure its safety. Furthermore, he must ensure that he has adequate liability insurance to cover lawsuits should someone be injured by a chemical or by an employee in the home of a customer. The liability insurance would be necessary to cover the cost associated with medical bills or a lawsuit associated with an action taken on someone’s property. This insurance should be in place from day one and Frank must make sure that all employees are covered by such an insurance policy. Frank will have some time before he needs to focus on additional employment laws. The early stage of the business will not require a lot of paper works and legal actions. As the company grows to more than 50, it will require additional investments of time and money to ensure the company is operating within its legal boundaries. At that point the company will need to have some sort of legal representation to ensure the actions taken by the company are done in an appropriate and legal manner (Mallor, 2003). Construction Scenario Under the Civil Rights Act of 1964, a person cannot be discriminated against in employment based upon race, color, nationality, religion, sex age or disability, except where an employer would suffer an undue hardship if it were required to employ under the discriminatory condition, and where no reasonable accommodation of the employee is possible. In the case of Michelle who is pregnant, it presents an identifiable undue hardship to the employer, because should she or her fetus be injured during the operation of the jackhammer, the employer would be subject to a workers’ compensation claim. In addition, because the job requires the operation of the jackhammer, there is no reasonable accommodation that the employer can possibly provide, which would not prevent the employee from working. Therefore, even though the employer would discriminate against Michelle, it is not liable under either the Americans with Disabilities Act or under the Civil Rights Act which will be discrimination based on disability and sex respectively. In the case of Eric, him not having a high school diploma  excludes him from consideration for employment. However, as a person 40 years or older is protected by the Age Discrimination, because it is difficult for older employees to obtain high school diploma if they do not possess it already. This implies that, Surebuild could be liable for age discrimination, if the company uses the lack of a diploma as the reason for denying Eric. In the case of Felipe who does not speak English, Surebuild could be held liable for discrimination if English is not a requirement for the performance of the position he is applying for. Surebuild could be charged with discrimination against race, and nationality. Considering Nick, he has a high school diploma, and is well qualified for the job based upon his education. The problem he has is that, he has no experience and he is also epileptic. However, the advertisement does not state experience with a jackhammer as a requirement. The only issue at hand is his epileptic condition. Surebuild can deny Nick for employment and will not be liable for discrimination against him for being disabled. This is because he can have a seizure in the middle of the operation of the jackhammer and that can cause injury not only to himself but to others as well. However, if Nick can show proof or medical records that suggest that his illness is controlled by a certain medication and that he will not have a seizure while operating the machinery, then he should be qualified for the position. If Surebuild refuses to employ him based on his illness, the company will be liable for discrimination against the disabled (Mallor, 2006). References: Hartman, L. P. (2005). Perspective in Business Ethics (3rd Ed.). Columbus, OH: The McGraw-Hills Companies. Mallor, J.P., Barnes, J.A., & Bowers, T.L. (2003). The Ethical, Global, and E-Commerce Environment (13th Ed.). Columbus, OH: The McGraw-Hills Companies. * * *

Will be given Essay Example | Topics and Well Written Essays - 250 words

Will be given - Essay Example Many questions remain unanswered in this mysterious collapse of the financial market and slump it the Kaisa shares overnight. Critical evaluation of this article offers an insight into the concepts that support sustainable economic growth and financial security of the market. China is noted as having ambiguous legal structures that fail to disclose the reality of existing market trend to foreign investors. Besides, cases of corruption and unclear source of the wealth of Guo Yingcheng explains the sudden collapse of this firm. There are several lessons that are learnt from this scenario. For a multinational like Kaisa which deals in such capital intensive investment, integrity and reliability of its founder is paramount. In the case of Kaisa and the financial curse that befell it, a combination of the government weak policies on corruption and the firm’s internal legal and ethical structures contributed to the tragedy. The concept of overcapitalization against diminishing demand can equally be attributed to the claims against Kaisa as explored in this article. It is therefore important to undertake m ultidimensional approach while establishing investment

Effective team performance Essay Example | Topics and Well Written Essays - 2250 words - 1

Effective team performance - Essay Example This assignment will help an individual apply accurate concepts learnt about teamwork and involve them in handling various issues that will arise in the field when teamwork will be required. The assignment involves a reflection analysis of experiences received during a team work activity (Christopher, 2001, pp.23-35). Our space ship just crash-landed on the moon and been destroyed leaving us with a few items for use. We are required to locate a mother ship 200 miles away. Among the items left, we are expected to select items that will be of critical importance to us and work together as a team to reach the mother ship. The purpose of this assignment is to give a reflective analysis of how through effective team performance and cooperation we were able to achieve our mission (Hackman, 1987, pp.45-46). Every member of a team needs to understand the prevailing situation and mission of the team. Defining and appreciating the situation will be necessary to determine key areas to be undertaken. Definition of tasks and expectations from every member needs to be analysed before actual allocation of existing tasks to members (World Neighbohs, 2001, pp.22-24). The process of team formation will be analysed using team development model and feelings of the process of team development will be examined. What was experienced when working with team members through allocation of tasks and general agreement will also be identified (Jerald & Robert, 1997, pp.2-16). Teamwork and performance management concepts will be applied to give a detailed understanding of problems experienced during activity process and how they could be avoided. Since it is teamwork then there are certain activities that were done well and they will also be looked into (Steiner, 1972, pp.8-12). Recommendations will be provided on how to act to such activities the other time members of the team finds itself in that

U07a1 Project Personal Case Study Essay Example | Topics and Well Written Essays - 1250 words

U07a1 Project Personal Case Study - Essay Example I allot the one hour to use the club and play else I use the gym for an hour each day. In most cases they alternate each day. My main issue however is that I have a little difficulty in the beginning to speak to people and I take time to open up to others. Although I am a very sociable person my first meetings is generally quite different. People tend to believe that I am a quite person who prefers to keep to self and not involve in any activities. However this is clearly different once they get to know me better. Basing my case with the various studies that have been presented in the past, this paper will deal with understanding me based on two main theories, i.e. Loevinger’s Theory of Ego Development and Erikson’s Theory of Psychological Development. Before moving into these theories, I will discuss my role in the orphanages and an attempt will be made to analyse the anticipated development at the organisation (Carver & Scheir, 2000). As mentioned earlier, I love to spend time at the orphanages and to participate to the best extent to assist the children here. I try to spend at least 2 – 3 days during the evenings (around three to four hours each day) to be with the children and to help them out with their studies, or any other problem that they might have. I have a very strong attachment with these children as they have to go through so much in life at such early stages and need to get through the most crucial ages of life without the love and support of their parents. Hence I try my best to assist them in ways like studies, or simply being there for them to talk too and to assist them get through the various changes that they face without feeling the lack of families. I try my best to assist as much as I can however not in terms of monetary manners but in simple other gestures like being there and being a good friend (McCrae & Costa, 1997). a) Pre Social and Symbiotic Stage: This stage is mostly during the stage of infancy and this kind of ego is

Mark Twain used his writings to condemn hypocrisy because he feels Essay

Mark Twain used his writings to condemn hypocrisy because he feels that people should be able to tell the truth at all times.How - Essay Example In The Adventures of Huckleberry Finn, Huck’s last statement that, â€Å"But I reckon I got to light out for the territory ahead of the rest, because Aunt Sally she’s going to adopt me and sivilize me, and I can’t stand it. I been there before.† (Twain 569). Twain was trying to show the experience of Huck with Aunt Sally. Huck tries to explain that he has been enlightened before people of his age and this could be due to the fact that Huck started learning to be ‘sivilized’ at a tender age. ‘Territory’ in this context could be said to mean ‘the Indian territory’, hence, Huck’s first sentence could be said to mean that he had wanted to be independent before people of his age. Huck’s next statement that ‘because Aunt Sally she’s going to adopt me and sivilize me, and I can’t stand it. I been there before’ was used by Huck to kick against his adoption by Aunt Sally as he knows tha t Sally is someone that would try to instill some societal values and norms in him and he has had this experience before and this is something that he did not enjoy in any way. Huck’s experience with the Widow Douglas and Miss Watson were actually the ‘sivilizing’ experience he had as she tried to reform Huck and make sure that he conformed to the societal rules and order.

Organisational Strategy & Decision Making Essay

Organisational Strategy & Decision Making - Essay Example Marketing efforts is a dynamic concept and demand company to regularly monitor and assess marketing capabilities. The assessment of the strategic and marketing position is done with the help of strategic tools and techniques like Ansoff’s matrix and Porter generic competitive strategies. The recommended strategic actions are also provided in accordance with the strategic analysis done with the help of above mentioned tools and techniques. 2 Table of Contents 3 Introduction 4 Introduction Starbucks Corporation, a global and reputed American coffee company engages in the selling of coffee, hot and cold drinks, other beverages and items such as cups, tumblers, and mugs. The coffee products of the company hold big image and reputation across the world with the market capitalisation of $40 billion and with the sales of 1.2 billion pounds (Starbucks Jumps as Profit Increases on U.S. Sales Gain 2012). Starbucks Corporation functions on the basis of mission statement-‘to inspire and nurture the human spirit, one cup and one neighbourhood at a time’ (Starbucks Corporation 2012). The company is dedicated towards sourcing finest quality coffee beans in order to deliver enriched quality coffee to its customers and known for their genuine service, pleasing atmosphere, and superior quality. The underlying essay aims at analysing and reviewing strategic position of the company in order to determine its strategic position. Internal and external audit has also been performed in order to gain idea about the internal and external environment of the company. Analysis of strategic position helps in outlining appropriate strategic action that should be adopted by the company in coming period. Internal and external audit Internal and external audit analysis of the business organisations are performed with the purpose of gaining idea about their existing capabilities and limitations. Business plans and strategies are formulated in light of assessed capabilities and limitations. In this regard, tool named SWOT analysis has been used in order to gain idea about their existing strategic capabilities. SWOT analysis represents strength, weakness, opportunities and threats. Strength and weakness analysis will represent internal audit for company while opportunities and threats will provide external audit of the company. Internal audit The most apparent strength for the company is strong brand image and identity of the company in the coffee business. Starbucks owns an impeccable and recognisable brand image in the coffee business. The strong brand image and identity facilitate the company to gain strong foothold and enters new markets across the globe. The company owns deep product portfolio with distinct features like Gourmet Coffee, regular drip coffee, Frappuccino blended coffee, and many more. The deep product portfolio enables the company to target wide customer base and delivering enriched purchase experience. The product quality and excellent customer service complements and support the existing brand image of the company (Starbucks raises 2013 forecast, defies industry trend 2012). The regular and active involvement of company in environmental and ethical practices acts as another strength for Starbucks. Eco-friendly practices related to energy conservation, climate controlling and maintenance are some of such eco-friendly practi

View of the world Essay Example | Topics and Well Written Essays - 1000 words

View of the world - Essay Example minates new transformed understanding of people’s overcoming of human nature and becoming â€Å"overmans†, people who have new visionary capacities and perspectives concerning the world. The first stage of the world view is Plato’s philosophy. Plato claims that the true world is attainable here and now, but only for virtuous men. There is only one world. Supersensuous world is the true one and true things emerge in the world of ideas as far as there is a division between pure essence and appearance. This true world is attainable for temperate soul only. Temperance is the virtue of soul, so it must deny the sensuous things and desire supersensuous. If you have a temperate soul and desire to acquire the truth, you will see the true being of subjects and notice a non-sensuous world. If you have a wanton soul and desire bodily pleasure only, you will only see the â€Å"here† world and will only be present in the apparent world. Nietzsche claims that philosophy begins with the discipline of temperate soul to look. According to the text â€Å"The implication is that virtue consists in repudiation of the sensuous, since denial of the world that is closest to us, the sensuous world, is proper to the Being of beings†. Here the â€Å"true world† is not yet anything â€Å"Platonic,† that is, not something unattainable, merely desirable, and merely â€Å"ideal.† Plato himself is who he is by virtue of the fact that he unquestioningly and straightforwardly functions on the basis of the world of Ideas as the essence of Being. The supersensuous is the idea.† The ideas do not exist in this world according to Plato; they exist without color and shape. Thus, Plato is not nihilist. Second view on the world is not Plato’s, it is Platonism. It is also a Christian view. The relationship between true world and apparent world are broken. Essence and existence are separated into two different worlds. The true world is not attainable in this world. According to the text â€Å"The

International management Essay Example | Topics and Well Written Essays - 2500 words

International management - Essay Example ................................... 13 1. Introduction It is often said that international companies which have become tools for globalization have made the world a marketplace where peoples and countries have no recourse but to buy what they do not want to buy. Globalization, despite its many setbacks, has also positive benefits. Due to globalization national borders are not very important now, and there is the interconnectedness of organizations and businesses, while countries focus more on deregulation, privatization and liberalization of industries, and the importance of world markets. Global firms have the whole world as its market field that they can offer a wide array of products and services - firms keep growing while others downsize or rightsize. One aspect of globalization is that firms can assign departmental functions, such as marketing, finance, operations, human resource management, and accounting to other firms – this is known as outsourcing. Global firms use ma ny different structural forms in dealing with globalization. They can use the horizontal structure which is made easier with the availability of the internet and Information Technology. It is still possible with the old structure, i.e., the vertical structure where the top echelon of the organization can dictate or take hold of the reins of business even if they are in the other side of the world. Whether we see this as positive or negative, globalization has change the world in terms of commerce and trade and how we see the world in different perspectives. After the world economic downturn, some of Europe’s giant firms have continued to keep watch the playing arena of businesses in terms of acquisitions and mergers. They have turned their eyes on the emerging markets of China, India and other countries of Asia. This is because these emerging markets survived and made remarkable steps during the financial crisis. And this is one of the reasons why Bernard Arnault, who is beli eved to be Europe’s wealthiest man, has shifted business focus to Asia, particularly the emerging markets of China and India. Combine these two countries in terms of population, you have approximately one third of the world’s peoples who have the urge and the motivation to buy consumer products. In China, particularly Shanghai, the motivation is on luxury products, which is why Bernard Arnault has his own ambassador there in the person of John Galliano. Arnault has made business trips using his private jet to wherever he wants to promote the latest of his treasured bags and perfumes. He has made instant visits to places as far as Morocco not only to promote but to measure how much profits the company has earned there. 2. Background of Bernard Arnault and LVMH Bernard Arnault is not only Europe’s wealthiest businessman with an estimated worth of $39 billion, he is a multi-talented and product-oriented artist. He has acquired brands from bags to perfume and has ma de corporate acquisitions one after another. He describes his quest for perfection as a ‘duality’ which should be reinforced immediately with â€Å"timelessness and utmost modernity†. His desire to acquire businesses is not only motivated by finances but by his dream to infuse art on commerce (or commerce on art). And he is doing this because he believes he is doing it for France and the people who patronize LVMH. His modernity and art includes a collection of modern and contemporary art which will soon be housed in a grand museum designed by Frank Gehry, which Arnault has

Turkey Essay Example | Topics and Well Written Essays - 500 words

Turkey - Essay Example For other groups within the EU, letting Turkey become a member would greatly affect the cultural status of Europe. Because Turkey seems to be much more Asian in terms of the traditions and religion, these groups hold that Turkey would be having a hard time fitting itself in the European way of thinking (Laà §iner 17). However, from a personal standpoint, while Turkey has considerably achieved great leaps in improving its economy, if the country strongly chooses to join, the leaders must be able to immediately bring forth the changes in some of the internal and external policies up to the standards set up by the EU, otherwise the leaders are just stalling and are simply reluctant to become part of the EU. One of the strongest factors that prevented Turkey from being assimilated early was the incompatibility of its economic structure with that of the EU (Arikan 64). Due to the political and not of the economic interests of its leaders, instead of creating more liberal economic policies as well as unable to comply with the reciprocal obligations of the EU, Turkey was unable to close its status as a candidate for early accession. The instability within the Mediterranean regions also affected the status of the country (Arikan 65). Had Turkey chose to create steps in changing trade and economic policies according to EU standards, the development of the country would have been easier, as well as the accession into the EU. Despite Turkey being unable to let a reciprocal relationship with EU take place, the country was eligible to become an associate country, with the hopes of immediately starting the transition process (Arikan 65). Mutual obligations between the EU and Turkey were created, such as quantitative restrictions for Turkish exports to the EU, and the EU granting financial aids to Turkey that would mitigate workers

Business Communication Essay Example for Free

Business Communication Essay Q 1. Describe any situation that you experienced where the communication went wrong because the listening was faulty. Analyze the situation by explaining the type of listening barrier. . How could this barrier be overcome? (10 marks). The following example illustrates an organizational barrier to communication. By the time the message is passed down from the Chief to the lower level Executives, it is distorted completely, so much so that the original message is interpreted differently by each level in the organization. Memo from CEO to Manager: Today at 11 o’clock there will be a total eclipse of the sun. This is when the sun disappears behind the moon for 2 minutes. As this is something that cannot be seen every day, time will be allowed for employees to view the eclipse in the parking lot. Staff should meet in the lot at ten to eleven, when I will deliver a short speech introducing the eclipse, and giving some background information. Safety goggles will be made available at a small cost. Memo from Manager to Department Head: Today at ten to eleven, all staff should meet in the car park. This will be followed by a total eclipse of the sun, which will appear for 2 minutes. For a moderate cost, they will be made safe with goggles. The CEO will deliver a short speech beforehand to give us all some information. This is not something that can be seen everyday. Memo from the Department Head to Floor Manager: The CEO will today deliver a speech to make the sun disappear for 2 minutes in the form of an eclipse. This is something that cannot be seen everyday so staff will meet in the car  park at ten or eleven. This will be safe, if you pay a moderate cost. Memo from Floor Manager to Supervisor: Ten or eleven staff are to go to the car park, where the CEO will eclipse the sun for 2 minutes. This does not happen everyday. It will be safe, and as usual it will cost you. Memo from Supervisor to Staff: Some staff will go to the car park today to see the CEO disappear. It is a pity this doesn’t happen everyday. Communication was filtered or misinterpreted because of the following barriers: Organizational Barriers – In organizations that are too hierarchical, that is, where there are multiple â€Å"layers†, messages may have to pass through many levels before they finally reach the receiver. Each level may add to, modify or completely change the message, so much so that it becomes distorted by the time it reaches the intended receiver. In other words, there is likely to be loss of meaning and the message may not reach the receiver in the same way as it was intended by the sender. Another type of organizational barrier is a departmental barrier. This means that each department in an organization functions in isolation and there is no co-ordination or communication between them. This barrier could be overcome by the following methods: 1. Encourage Feedback – Organizations should try to improve the communication system by getting feedback from the messages already sent. Feedback can tell the managers whether the message has reached the receiver in the intended way or not. 2. Create a Climate of Openness – A climate of trust and openness can go a long way in removing organizational barriers to communication. All subordinates or junior employees should be allowed to air their opinions and differences without fear of being penalized. 3. Use Multiple Channels of Communication – Organizations should encourage the use of multiple channels of communication, in order to make sure that messages reach the intended receivers without fail. This means using a combination of both oral and written channels, as well as formal (official) and informal (unofficial) channels of communication. The types of channels will be discussed in detail later, in a separate unit. Q 2. Select a business article from any business publication. Evaluate it in terms of : a) Appropriate level of readability b) Use of jargon, slang and metaphors c) Use of simple vs. complex words. Is it well or poorly written, in your opinion? Attach a copy of the article with your response. (10 marks) World Markets Rise As Double-Dip Fears Ease: World stock markets advanced modestly Monday as investors rode momentum from Friday, when an upbeat U.S. jobs report eased fears that the global economy could slip back into recession. With Wall Street closed for a holiday, however, trading was expected to remain light. Markets took heart after official data last week showed private employers in the U.S. added 67,000 jobs in August, more than analysts expected. The figure bolstered optimism that the U.S. will maintain a slow but steady recovery from last years recession and avoid another economic contraction later this year. By mid-afternoon in Europe, Britains FTSE 100 index was up 0.3 percent at 5,446.17, Germanys DAX was 0.3 percent higher at 6,153.31 and Frances CAC-40 was up 0.3 percent at 3,684.20. Asian indexes closed higher and trading on Wall Street was to remain shut for Labor Day weekend after closing higher on Friday. With most major governments reining in economic stimulus measures and many pushing through austerity spending cuts to reduce deficits, investors worry the global economy would be pushed into a double dip recession, particularly  as the U.S. slows down quickly. Because the U.S. economy is the worlds largest and consumer spending there accounts for a fifth of global economic activity, the stronger-than-expected jobs data on Friday helped calm investors frayed nerves after weeks of worrying indicators. The renewed flight to safety we have witnessed over the past month is overdone and risks an equally large reversal when the worries over a double dip subside, analysts from Rabobank said in a report. As the unexciting, steady and below-trend global recovery continues, its important not to confuse it with a double dip recession. Japans benchmark Nikkei 225 stock index climbed 2.1 percent, or 187.19, to 9,301.32 and South Koreas Kospi rose 0.7 percent to 1,792.42. Hong Kongs Hang Seng index added 1.8 percent to 21,355.77. Australias SP/ASX 200 gained 0.8 percent at 4,575.50. Markets in mainland China, Taiwan, India, Indonesia and Singapore were also higher. The Dow Jones industrial average jumped 1.2 percent to close at 10,447.93 on Friday. The broader Standard Poors 500 Index rose 1.3 percent to 1,104.51. Shares in the U.S. ended the week in the positive, the first time that has happened in a month. The early gains in September mark a stark turnaround from August trade, when shares fell on doubts about the global economic recovery. The dollar fell to 84.24 yen from 84.27 yen on Friday. The euro was slightly lower at $1.2880 from $1.2895. Benchmark oil for October delivery was down 40 cents at $74.20 a barrel in electronic trading on the New York Mercantile Exchange. The contract fell 42 cents to settle at $74.60 on Friday. Jargon refers to technical terms or specialized vocabulary. Some of the  technical terms mentioned above are â€Å"rode momentum, Kospi, FTSE, CAC, DAX, calm investors frayed nerves, etc.† More complex words and phrases are written in the above article and this reduces the level of readability when read by a common man. The above article is well written, however, the reader of the article should have a certain amount of knowledge in the field of stock trading and world financial markets. Q 3 List out and briefly explain five â€Å"do†s and â€Å"don’t’s† for each of participants and chairperson of a meeting. (10 marks). Before the Meeting As pointed out earlier, meetings need to be planned in advance, so that they are successful. Before any planning can be done however, a basic question to be asked is whether to hold a meeting at all. The answers to the following questions would help to decide whether a meeting is necessary in the first place – -Can the matter be decided or discussed over the telephone? -Can the matter be expressed in writing, in the form of a memo, or an email message? -Are key people available to attend the meeting and are they prepared? -Is the time allotted for the meeting sufficient? If the answers to the first two questions are yes and the answers to the other two questions are no, there is no purpose in calling a meeting. Once the need for a meeting has been determined, the next step is to start planning the meeting. First of all, the type and number of participants should be decided. A problem solving meeting should include representatives from all departments, since the decision would otherwise be incomplete. Shareholders, who are the owners of the company, should also be included. In terms of numbers, the size of the group could be anywhere between seven and eleven members. An exception to this is an information sharing meeting, where the numbers could be larger, so that a maximum number of people benefit from the information. The second and most important step in planning a meeting is to indicate the purpose or agenda of the meeting to the participants in advance. An agenda  is essentially a list of topics that will be discussed during a meeting. In the words of Adler and Elmhorst, â€Å"A meeting without an agenda is like a ship at sea without a destination or compass: no one aboard knows where it is or where it is headed.† An agenda is prepared by the Chairperson of the meeting, or the person who calls the meeting. During the Meeting: The task of conducting and moderating the meeting rests with the chairperson. He or she must be well versed with the procedures for opening the meeting, encouraging balanced participation, and solving problems creatively, concluding the meeting and managing time efficiently. We shall discuss each of these procedures in detail. 1. Opening the Meeting – The manner in which the meeting is opened is important, since a good opening will ensure that the rest of the meeting will proceed smoothly. There are different ways of opening a meeting. Generally, it is best to sum up what has been stated in the agenda – including the goals, background information and expectations of the participants. It is also a good idea to provide an outline of how the meeting will proceed, as well as a time budget. 2. Encouraging Balanced Participation – It is also the responsibility of the chairperson to encourage silent members to contribute to the meeting and to moderate the dominant members, so that they do not â€Å"hijack† the meeting. There are several techniques to encourage participation –  · Encourage Participation in the Reverse Order of Seniority – This means getting the junior members to speak or air their opinions first. If the senior people speak first, they may feel suppressed or be afraid to disagree with their superiors.  · Nominal Group Technique – In this method, the meeting participants are encouraged to work and contribute their ideas independently 3. Managing Time – There is no prescribed length for a meeting. The duration of a meeting will depend on the type and purpose of the meeting. Generally, problem-solving meetings will take longer than other routine meetings. In any case, the chairperson should set a time budget for the meeting, depending on the agenda and ensure adherence to the time limit. 4. Keeping the Meeting Focused – Often, a lot of time is wasted during meetings by going off track and by discussing topics that are irrelevant. In such situations, it is the responsibility of the chairperson, or the person moderating the discussion to make sure that the discussion remains focused on the topics mentioned in the agenda. 5. Ensuring â€Å"Convergence† – Convergence means hearing the points of view of all the members and then arriving at a decision. It is again the responsibility of the chairperson to bring the meeting to a point where an opinion emerges on each item of the agenda. 6. Summing Up – This means summing up the different points of view, the decisions and the actions to be taken. This should be done by the chairperson, identifying the role of each person on each item of the agenda, along with a specified deadline. Example – Chris will take the responsibility of contacting the media and sending material for advertisements and press releases by March 13th. 7. Concluding the Meeting – The way a meeting is concluded is as important as the opening, since it will influence the follow-up action taken on decisions made during the meeting. The chairperson should know when and how to conclude the meeting. The meeting should normally be concluded at the scheduled closing time, unless important issues still remain to be discussed and members are willing to extend the meeting. Sometimes meetings may be concluded before the closing time, when key decision makers are not present, or when important information such as cost figures are not available. 8. Keeping â€Å"Minutes† of the Meeting – Since meetings are called to take important decisions concerning the organization, it is important to maintain a permanent written record of the proceedings, which can be referred to at a later stage, or serve as a guide for action. Such a record is known as â€Å"minutes† of the meeting and may be done in an informal or formal manner, depending on the type of meeting.

A Christmas Carol Essay Example for Free

A Christmas Carol Essay Charles Dickens writing has had a colossal influence on millions of people by using what Victorian London and major cities of time were like. Through his novels he campaigned for the poor. Charles Dickens childhood was blighted by his fathers financial problems but by the end he was lecturing about his works to large and enthusiastic audiences. Driven by a need to separate himself from early poverty and by a desire to help those children who were as poor as he had been. Charles Dickens was born on Friday, February 7th 1812 at No. 1 Mile End Terrace, Landport; when the Industrial Revolution was gathering pace. As Charles Dickens grew up many large family groups living in villages were breaking up and moving to towns either singly or as nuclear families. Perhaps Dickens had a fear of the breaking up of the family group in the changing times. The bond of the family is shown for example when the Cratchits gather at Christmas; phrases like Bob hugged his daughter to his hearts content. are used. At age of 12 Dickens was removed from school and sent to work in a boot-blacking factory earning six shillings a week to help support the family. Charles considered the period to be the most terrible time in his life and would later write that he wondered how I could have been so easily cast away at such an age despair in his tone. This childhood poverty could have been an enormous influence on Dickens later views on social reform and the world he created through his novels. Dickens emphasised the big difference between family life and those who lived alone. He seems to try and show that happy people live in families for example this is shown when Mrs. Crachit greets Martha with obverse joy. Why bless your heart alive, my dear, how late you are. He suggests that sad people live alone. He starts the book A Christmas Carol with death Marley was dead. This is a grim start. He shows Scrooge as the sole executor, administrator, assign, legatee, friend and mourner. He also adds about the death of Hamlets father to increase the gloom. The book starts by pouring on the solitude and gloom of scrooges situation with the absence of a families love. Charles Dickens chose the Christmas time of year because it is a family time where many families split up by work join together to see and rejoice with one another. In the novel the Christmas season and children the families are linked to one another. The first cheerful words are from the Christmas greetings from Scrooges nephew cried a cheerful voice. This is followed by an argument of the value of Christmas between the Nephew and Scrooge. Scrooge talks of boiling people who like Christmas in their own pudding. Scrooges nephew then argues how much a good thing Christmas is I believe that it has done me good Scrooges nephew believes Christmas even though an expensive time for the rich is a good time for the poor families in the major cities of the time and gives Scrooges nephew a happy feeling of what goes on at Christmas. A few pages deeper into stave 2 Scrooge is taken back to his childhood by the Ghost of Christmas Past and sees all of his childhood friends and remembers the road they are on. The Ghost asks if Scrooge recollects where they are and Scrooges reply is a surprise I could walk it blindfold said Scrooge strange to have forgotten it for so many years! Replied the Spirit Scrooge had blocked out his childhood because it was a sad and poor time for him. Scrooge was seeing these boys were in great spirits. This implies that children represent joy and have appreciation for life making everything happy. Scrooge was thinking that he had watched these boys but had never been one himself. He was the solitary child, neglected by his friends. The importance and affection of families is shown when his sister takes him home. Also the joy of children is shown. As she is bending down to laugh she talks of, home being quote homes like heaven. An important figure in the story is his sister a child who Scrooge has affection for in his memory, this laughter pops up again. To hear Scrooge expending all the earnestness of his nature would have been a surprise to his business friends. Suddenly emotions are pouring out of Scrooge and he is excited because his inner child has had a slight play. Skipping to stave 3 and Tiny Tim who is a small boy with the power of delivering the message of Jesus. God bless us everyone. The picture of Tiny Tim greatly affects Scrooge who now sees the prejudice in his opinions. When the Crachit family celebrates Christmas they revel in each others company love and appreciate the things they have. They are unlike the stereotypical Victorian image of the working class commonly held at this period of time. Alas Tiny Tim he bore a little crutch his limbs supported by an Iron Frame Tiny Tim, their small crippled son will die with out the treatment needed. He is a small symbol of society failing to provide for the poor. The picture of Tiny Tim greatly affects Scrooge and he begins to realize how prejudice his opinions really are. The irony of his own words, spoken to him by the Ghost of Christmas Present if he is to die, he had better do it, and decrease the surplus population. Children are yet again used to show social problems in society. A boy and girl called Ignorance and Want are used to show the problems they were wretched, abject, frightful, hideous, miserable Scrooge is also shocked by the sight of Ignorance and Want, two children so named because of the treatment they received from society. Dickens is speaking to the reader at this point. Society is ignorant of the peoples needs. People are in want of basic supplies of food and drink, clothing and shelter. One example of this change in Scrooge is when he realises Tiny Tim has died. Tell me what man that was whom we saw lying dead? This then leads to a demonstration by the spirit of Christmas yet to come of Scrooges own death, this part of the text increases Scrooges realization of the significance of Tiny Tims death. Throughout the story, Scrooge has numerous warnings of his future from the people he meets, his nephew, Marley, the spirits, Belle etc. Although from the beginning of his acquaintance with the first Ghost, Scrooges gradual change is clearly perceptible, it is the spectacle of his own death, which makes him realize he must change his ways. On Christmas morning Scrooge wakes up and is cheerful. I am as happy as an angel Scrooge has Christmas fever and acts as if he was a child, he becomes generous sending Bob Crachit the prized turkey and promising the boy half a crown for buying the turkey. Does this show the sort of attitude Dickenss wants in society? The end of the novel contrasts well with the beginning. The story has a very typical fairy tale ending and a clear moral to the story. Scrooge has under gone a metamorphosis. Does Scrooges change symbolize the change in society that Dickens wanted?. Tiny Tim will live and so will everyone else, happily ever after. By Thomas Bailey 10CHB English Coursework 5/8/2007.

History Of Materials In The Aviation Industry Engineering Essay

History Of Materials In The Aviation Industry Engineering Essay Aircraft materials have faced an overwhelming phase of change since the takeoff of the first designed aircraft to the skies. This has seen aircraft designers changing the design materials from merely wood and fibre in the early days to composite materials and aluminium alloys in modern days aircrafts. Composite materials and aluminium alloys were introduced in the industry rapidly. Due to advancement in technology the use of wood in manufacturing aircraft structures is now history. This review covers the use of composite materials and aluminium alloys in the design of modern aircrafts, both civil and military. It also compares the usage of these two materials in aircraft structures. Table of Contents INTRODUCTION Aircraft materials have faced an overwhelming phase of change since the takeoff of the first designed aircraft to the skies. This has seen aircraft designers changing the materials of design from merely wood and fibre in the early days to composite materials and aluminium alloys in modern days aircrafts. Early aircrafts were constructed mainly of wood and fabric, the Wright flyer (1903) is an example. Manufacturers preferred relatively light and strong wood such as spruce and fabrics, which were normally linen or something similarly close-weaved. These materials were selected looking at different characteristics which include among other the weight, strength, cost and availability of the material. Due to advancement in technology the use of wood in manufacturing aircraft structures is now a thing of the past. The use of metals in aircraft structures had to await modern material development processes such as alloy development. This processes produced stronger and better materials which allowed high speed flight. Materials produced were better as they allowed heavy loads and they showed better resistance to stress corrosion cracking. The introduction of computers has been of massive input in the field of aerospace. These seen engineers perform deep analysis of strain; stress and fatigue on new materials before there are introduced in aircraft structures. And as a result, the number of aircraft accidents reduced drastically. This review aims to cover the use of composite materials and aluminium alloys in the design of both civil and military modern aircrafts, and compare the usage of the two materials in aircraft structures. COMPOSITE MATERIALS Composites have been the most important materials to have been introduced in the aviation sector since the use of aluminium in the early years. Wright et al (2003) defines composite materials as, a combination of linear elements of one material in a matrix of one another material. This implies that composites are engineered materials made from two or more ingredients with significantly differing properties, either physical or chemical. The application of composite date back in the 1940s to the F-15 (US Air Force) fighters, which used boron/epoxy empennages. Initially the percentage by weight of composite materials used was 2%.Since then, the use of composites has rapidly accelerated. In 1981, the British aerospace- McDonnell Douglas AV-8B Harrier flew with over 25% of its structures made of composite materials (Schmitt, 2008). This shows that composite materials were introduced at a very high rate in the aviation industry. Though composites have been introduced in aviation with such a fierce rate, it was proved they are expensive to produce. They are also hard to inspect for flaws and some easily absorb moisture. Despite the above mentioned disadvantages, composites still play a major role in modern day aircrafts. This is so because of their greater strength and lighter weights. Callus (2007) claims that regardless of the disadvantages of composites, they were introduced because they allowed a quantum leap in aircraft performance. Performance is in the form of light weight, ability, useful payload and super high speeds. USES OF COMPOSITES IN AIRCRAFT STRUCTURES Since each aircraft is unique, it is impossible to generalise where various materials are being used in current aircrafts, but reference to a specific example illustrates the trend. Figure 1 below shows composite materials used in Boeing 787. http://people.bath.ac.uk/ck258/new%20materials%20documents/Composite%20materials_files/image002.jpg Figure 1. Composite materials used in Boeing 787 structures. Adapted from: http://people.bath.ac.uk/ck258/new%20materials%20documents/Composite%20materials.htm The above figure clearly gives a clear indication of the introduction of composites in aircraft structures. It can be confidently stated that composites form about 50% of the weight of the materials used in modern day aircrafts. This can be seen from the pie chart in figure 1. The commonly used composites are fibreglass, carbon laminate composites and carbon sandwich composite. Some composites include the Titanium and polymer matrix composites. COMPOSITION OF COMPOSITES Composite materials are made of two materials, one acting as the matrix and the other as the reinforcement material. These constituent materials determine the mechanical properties of the composite. The matrix has a lower density, stiffness and strength than the reinforcement material, and as a result the reinforcement of the matrix, to provide the majority of the strength and stiffness of a composite is accomplished by the fibres. They can be metallic, organic, synthetic or mineral. American Composite Manufacturers Association (2004) considers epoxy resins as one of the well known matrix material to have been used in a wide range of composite parts and structures. It further states that a major advantage of using Epoxy resins over other matrix materials is their lower shrinkage. http://navyaviation.tpub.com/14018/img/14018_593_1.jpg Figure 2. Aircraft advanced composite application usage. Adapted from: http://navyaviation.tpub.com/14018/css/14018_593.htm The table shows that the in early aircrafts composites were introduced in smaller quantities. This is the case with the F-14 aircraft which was first introduced in September 1974 (Hickman, 2012). Comparing the percentage of composite materials of the F-14 with the F/A-18, which was introduced in January 1983, one can notice that the F/A-18 contained a higher percentage of composites which is 20% as compared to the 0.04% of the F-14. This 19.96% difference may have been due to the introduction of modern material development processes. The mostly used reinforcement fibres are: glass fibre, carbon pitch based, Boron chemical vapour deposition (CVD) fibres, Alumina, Aramid, Carbon Polyacrylonitrile (PAN) and Polyethylene. Baker, Dutton and Kelly (2004, pp. 57) claim glass fibres are used mostly in airframes of gliders and in secondary structures such as fairings. The trio further explain that this is the case because this is where their low specific stiffness is not a problem in the design process, and because of their low cost as compared to high performance fibres. Such high performance composites include carbon fibre reinforced carbon. This is a composite material made from carbon fibre reinforcement in a carbon matrix. Diagram of carbon-reinforced carbon Figure 3. Material properties of a carbon fibre reinforced carbon. Adapted from: http://www.materialsviews.com/understanding-carbon-reinforced-carbon According to Grolms (2011), carbon fibre reinforced carbon is used mainly in high performance and high cost applications in aerospace technology. He further explains that this composite material is used widely in nose cones, wing leading edges in space shuttles and in aircraft brake systems. ALUMINIUM ALLOYS Aluminium has been the main structural element since 1930. This was made possible by its lightness as compared to other metals which are referred to as heavy, steel for example. Also, aluminium has been selected because of its indomitable strength to weight ratio. Although aluminium is not the strongest of the pure materials, its alloys use other elements to bridge the gap and improve its strength. Starke and Staley (1995) claims that aluminium is still selected as a structural material for the fuselage, wings and supporting structure for commercial airliners because of its well known performance characteristics, known fabrication costs, design experience and established manufacturing methods and practices. The duo continue on saying low specific gravity of aluminium leads to high specific properties giving aluminium alloys an upper hand in weight critical applications. Weight and strength Figure 4. Weight and Strength- aluminium is approximately one third as dense as steel. Aluminium alloys have tensile strengths of between 70 and 700 MPa. Adapted from: http://www.powerofaluminium.com/page.asp?node=45sec=Properties . Aluminium alloys were mainly created to tackle the weight problems of aircraft structures, but due to modern research and studies they have been recently studied for use in liquid oxygen and hydrogen fuel tanks, application which Starke and Staley (1995,pp.167) referred to as cryogenic. The development of aluminium-lithium alloy replaced the conventional airframe alloys. Its lower density property was thought to reduce the weight and accelerate the performance of aircrafts. This development, lead to the introduction of commercial alloys 8090, 2090 and 2091 in the mid 1980s (Davis, 1993). Weldalite 049 and CP276 were introduced shortly thereafter. Davis (1993) further says that aluminium alloys have a superior fatigue crack propagation resistance as compared to other alloys. This is due to high levels of crack tip shielding, meandering crack path and the resultant roughness induced crack closure (Davis, 1993). ANALYSIS AND COMPARISON OF ALUMINIUM ALLOYS AND COMPOSITES USES IN AIRCRAFT STRUCTURES The future of aluminium alloys in the aerospace industry seems brighter than that of its competitors, the composite materials. Even though the use composite materials is continuously growing, it recently became clear that aluminium alloys will in the near future be the winners of the fierce competition between the two materials. The airbus A380 give a clear indication of this. It shows that 61% of its structure is composed of aluminium alloys, 22% being composites, 10% is titanium and steel, and 3% of the structure is made of fibre metal laminates (Key to Metal, 2012). http://ars.els-cdn.com/content/image/1-s2.0-S1359645403005020-gr10.jpg Figure 5: Material distribution for Airbus A380 by percentage, Adapted from: http://www.sciencedirect.com/science/article/pii/S1359645403005020 It appears the rivalry between composites materials and aluminium alloys in the manufacturing of aircraft structures will continue to exist even in the future. This report claims aluminium alloys have the upper hand due to the fact that aluminium is less expensive as compared to composites, and recycling aluminium is not that difficult as compared to recycling composites, meaning that aluminium alloys are more environmental friendly. To support this claim, Arval (2010) pointed out that Bombardier has chosen Airware, a new aluminium alloy, for its upcoming CSeries, and Airbus has also shown that new aluminium alloys may be feasible for its next aisle aircraft. CONCLUSION In this report, the use of composite materials in aircrafts has been thoroughly discussed, pointing out their advantages and their disadvantages. The report identifies the main disadvantage of using composites in aircrafts being its high cost. The other disadvantage of using composite mentioned is their repair problems. It has been proved that composite can give a headache when it comes to repairing from ground damages, which usually avail themselves during baggage loading and other ground accidents. Nevertheless, the report also states that composites are still playing a major role in the aviation industry. This is due to their remarkable strength and their lighter weight. Also outlined in the report is the use of aluminium alloys in modern day aircrafts. Indicated in the report is that, even though aluminium alloys are not currently the main material for aircraft structure, they are awaited by a bright future. New aluminium alloys have been opted over composites for new aircraft technologies because they are recyclable, less expensive, and their characteristics and damage tolerance are well known. The development of new aviation materials since the 1980s was a major achievement in the industry since the number of aviation accidents reduced significantly. Carrying out more research on new aviation materials can see aircraft accidents reducing to probably zero, and this is a call for researchers to concentrate more on new aviation materials.

Beowulf is an Epic Hero Essay example -- Epic of Beowulf Essays

In the epic poem Beowulf, the protagonist Beowulf is shown as a hero with extrodinary strength. This is not what makes him a hero. By definition, a hero is a man of exceptional quality. However this term does not do Beowulf justice. His self-imposed purpose in life is to help others, and eventually sacrifices his own life in doing so. Beowulf’s battle with the dragon serves as a critique of the notion that Beowulf is a hero. The Dragon section displays many of Beowulf’s heoric characteristics. Beowulf establishes himself as a hero by fighting the dragon, exemplifing strength and courage when fighting the dragon, and sacrificing himself so that others can live. Beowulf’s fight against the dragon shows Beowulf as a hero. Although Beowulf had previously defeated two other foes, he stands fast and fights his most formidable foe yet, the dragon. Dragons were notoriously difficult to kill, and the poem states that it was a great man, who could kill a dragon, even if it meant losing one's life. While others cower away Beowulf fights the dragon. Beowulf defeats the dragon but loses his life in the same instance. Like the classical hero Beowulf loses his special status in death. Beowulf sought no compensation for his services; the mere satisfaction of helping others was pay enough. Like his two previous battles Beowulf fights for those who could not fight for themselves. While fighting the Dragon Beowulf shows feats of strength and courage that define him as a hero. The classical...

dickinson and angelou Essay -- essays research papers

Emily Dickinson & Maya Angelou Essay Q. Analyse the presentation of human suffering in the poetry of Maya Angelou & Emily Dickinson. Many of Emily Dickinson’s poems touch on topics dealing with loss and human suffering. While loss and suffering is generally considered a sad or unfortunate thing, Dickinson uses this theme to explain and promote the positive aspects of absence. Throughout many of her poems, one can see clearly that see is an advocate of respecting and accepting the state of being without. Dickinson implies that through these types of losses, one can gain a richer and stronger appreciation for both success and belongings. Poems 2 and 1036 are two that capture the extent of Dickinson’s feelings on loss. By understanding and comparing these two works, it is easy to recognise that Dickinson believes that possessing neither material possessions nor the joy of success are the real keys to happiness. Poem 2 focuses on a battle that could be considered either literal in the sense of war, or more symbolic as it could act as the anthem for any type of loss or failure. Lines 1 and 2 of the poem explain that success or winning is most valued by those who never prevail. Dickinson is saying that loss creates the strongest appreciation for a win. The lines 3 and 4 state: To comprehend a nectar Requires sorest need. This implies that necessity is the only way in which to understand what you want. Next, in the second stanza, Dickinson uses words that...

Ghost Story of Admiral Fell Inn, Baltimore :: Urban Legends

Admiral Fell Inn, Baltimore I have lived in Baltimore for quite some time now, and it is impossible to live in the area and not know that there is a ghost story associated with the Admiral Fell Inn at Fell Point (a section of Baltimore located right on the harbor). The man who told me this story is a very well educated, 61 year old credit union CEO. He told me the story over dinner, with me trying to shush the rest of the guests because they all wanted to tell their own versions. I have included his version of the Ghost of Admiral Fell below, excluding only names and comments from others: It all started on a dark and stormy night†¦ Actually [my wife] and I had the opportunity of meeting the Admiral during one stay a number of years ago. It wasn't quite a dark and stormy night, but certainly an afternoon to remember. Just off to the side of the registration area of the Inn is a quaint resting area where tea and other "spirits" are served in the traditional afternoon tea. Since this was in the late fall time period, a nice warming fire had been set with guests coming and going. As we were enjoying a concoction of light fare and drink a gentlemen of period dress appeared without entrance. He greeted us and inquired if we had tasted the "tea"? When challenged as to his attire, he introduced himself as William Fell from Lancaster England and was a permanent resident of the Inn. He proceeded to tell the story of the area, how he had found, some 150 or so years ago, this as a suitable deep water port for shipping American goods back to England. In fact, he reminisced on the building of the first continental army's naval frigate, the Virginia and later the Constellation in these very waters. He also saw the need to bring a calming atmosphere to the high spirited seaman by creating a safe refuge in these quarters. As we proceeded to refill our glass of a very warming mixture, we turned and as quietly as the Admiral had entered the room, he had some how vanished. A ghost . . . I'm not sure, but was certainly a man of stature, knowledge and power. That evening, as we lowered the lights, we thought we heard a quiet, muted humming of an old sailor’s song as the hallway floor creaked under what sounded like light footsteps.

Fdi in Nigeria

THE IMPACT OF FOREIGN DIRECT INVESTMENTS ON THE NIGERIAN ECONOMY BY SHIRO ABASS A. Department of Finance University of Lagos BSTRACT Generally, policies and strategies of Nigerian government towards foreign direct investments are shaped by two principal objectives of desire for economic independence and the demand for economic development. Multi national corporations are expected to bring into Nigeria, foreign capital in the form of technical skills, entrepreneurship, technology and investment fund to boost economic activities thereby, rising the standard of living of Nigerian. The main issues in this paper relates to understanding the effects and impact of foreign direct investments on the Nigerian economy as well as our ability to attract adequate amounts, sufficient enough to accelerate the pace of our economic growth and development. From related research and studies, it was revealed that multinational corporations are highly adaptive social agents and therefore, the degree to which they can help in improving economic activities through foreign direct investment will be heavily influenced by the policy choice of the host country. Secondary data were collected for the period 1970 to 2005. In order to analyse the data, both econometric and statistical method were used. Tables were produced in order to create a visual impression of the dependence of Nigeria economy on that of donor countries such as Western Europe and North America. The economic regression model of ordinary least square was applied in evaluating the relationship between foreign direct investment and major economic indicators such as gross domestic product, gross fixed capital ormation and index of industrial production. The model revealed a positive relationship between foreign direct investment and each of these variables, but that foreign direct investment has not contributed much to the growth and development of Nigeria. This is evident in reality of enormous repatriation of profits, dividends, contract fees, and interest payments on foreign loans. The study thus suggest that in order to further improve the economic climate for foreign direct investments in Nigeria, the government must appreciate the fact that the basic element in any successful development strategy should be the encouragement of domestic investors first before going after foreign investors. 1. 0INTRODUCTION In order to seek the highest of return for capital, economists tend to favour the free flow of capital across national boarders. It is against this backdrop that multinational companies seek investment in foreign countries with reasonable risk. Nigeria is believed to be a high-risk market for investment because of factors such as bad governance, unstable macro economic policies, investment as a way out of Nigeria’s economic state of underdevelopment. Since the enthronement of democracy in 1999, the government of Nigeria has taken a number of measures necessary to woo foreign investors into Nigeria. These measures includes the repeal of laws that are inimical to foreign investment growth, promulgation of investment law, various overseas trips for image laundry by the president, among others. The need for foreign direct investment is born out of the underdeveloped nature of the Nigeria’s economy that essentially, hindered the pace of her economic development. Generally, policies and strategies of the Nigerian government towards foreign investments are shaped by two principal objective of the desire for economic independence and the demand for economic development. There are four basic requirements for economic development namely. i)Investment capital ii)Technical skills iii)Enterprise iv)Natural resources. Without these components, economic and social development of the country would be a process lasting for many years. The provisions of these first three necessary components present problems for developing countries like Nigeria. This is because of the fact that there is a low level of income that prevents savings, big enough to stimulate investment capital domestically or, to finance training in modern techniques and methods. The only way out of this problem is through acceleration of the economy by external sources of money (foreign investment) and technical expertise. Foreign direct investment is therefore suppose to serve as means of augmenting Nigeria’s domestic resources in order to carryout effectively, her development programmes and raise the standard of living of her people. According to Nwankwo, G. O. 2 factors responsible for the increase need for foreign direct investment by developing countries are: oThe world recession of the late 1970s and early 1980s and the resultant fall in the terms of trade of developing countries, which averaged about 11% between 1980 and 1982. High real interest rate in the international capital market, which adversely affected external indebtedness of these developing countries. oThe high external debt burden. oBad macro economic management, fall in per capital income and fall in domestic savings. Foreign direct investments consist of external resources, including technology, managerial and marketing expertise and capital. All these generate a considerable impact on host nation’s production capabi lities. At the current level of gross Domestic Product, the success of governments policies of stimulating the productive base of the economy depends largely on her ability to control adequate amount of foreign direct investments comprising of managerial, capital and technological resources to boost the existing production capabilities. The Nigerian government had in the past endeavored to provide foreign investors with a healthy climate as well as generous tax incentives, but the result had not been sufficiently encouraging (as we shall see in this research). Nigeria still requires foreign assistance in the form of managerial, entrepreneurial and technical skills that often accompany foreign direct investments. Total amount of income that will accrue to capital will be OR0BK0 while labour receives YBR0. Given that Q = F (K, L), the total output in this country is the area under the marginal efficiency of capital (MEC) curve and this output will be distributed between the two factors of production, that is labour and capital. For foreign direct investment to take place, the returns to capital in the United Kingdom must be less than returns to capital in Nigeria, given that United Kingdom is more endowed with capital utilization In response to this differential in returns to capital, there will be capital movement from the United Kingdom to Nigeria and this will continue until the returns are the same in the two countries. The amount of capital moved from United Kingdom to Nigeria is in the form of foreign direct investment and hence, Nigeria’s stock of capital or investment fund is increased. 2. LITERATURE REVIEW AND THEORETICAL REVIEW 2. 1FOREIGN DIRECT INVESTMENTS AND DEVELOPMENT: PROPONENTS AND ANTI-PROPONENTS. 2. 1. 1 PROPONENTS — Most analysts believe that national and foreign private sector enterprise, if permitted to operate in a competitive market condition will offer developing countries the best prospects for speedy national economic growth. These analysts however do not view multi national capital as panacea to developing countries. Amongst the proponents of foreign direct investments are Peter Drucker, Harry Johnson, Gerald Mier, Sanjaja Hall, Paul Strcter, Carlos, F, Ludiak, l. A, Manle, . F, Author Nwankwo and many more. Harry Johnson argued that foreign investments bring to the home country, â€Å"a package of cheap capital, advanced technology. Superior knowledge of foreign market for final products and capital goods, immediate inputs and raw materials†. Similarly, Drucker has argued that developing countries need to employ export oriented development strategies in order to meet their foreign exchange and employment requirements and that such orientation is much more likely to succeed if these countries can acquire â€Å"capital export markets†. Such markets he maintained are precisely what multinational companies with their worldwide sourcing and marketing can offer. Gerald Mier contends that from the stand profit of national economic benefit, the essence of the case of encouraging the inflow of capital is that the increase in real income resulting from the act of investment is greater than the resultant increase on the income of the investor. This is also the view held by Mactougal when he stated that a moderate inflow of investment in an economy is beneficial. The chief benefit of foreign direct investment, according to these writers, is the accompanying â€Å"package deal† of technical and managerial skill. This may be costly, difficult or impossible to obtain in other alternative investment means. The less developed a country is, the less able it is as a rule to utilize patents, technical advice and contract management assistance without taking the whole package. This view was supported by Penrose (1961) and Chenery (1966). 2. 1. ANTI-PROPONENTS — some analysts (known as the dependence school) are strongly opposed to pro foreign direct investment perspectives. Their arguments are based on series of studies and research carried out. Such analysts include Dos Santos, Ronald Multer, Cardose, Euzo Falleto, Dr. Fashola and many others. Theofonio Dos Santos argued that developing countries’ economic difficulties do not originate in their isolation from advanced countries, but that the most powerful obstacle to their develo pment came from the way they are oined to their international system. Multer, R maintained that multinational corporations transfer technologies to developing countries that result in mass unemployment; that they monopolize rather than inject new capital resources; that they displace rather than generate local business and that they worsen rather than ameliorate the country’s balance of payment. Overall, the dependent school rejects the pro foreign direct investment analysts’ depiction of the benefits derived from participation in the international economy. Dr Fashola, for example argued that most of the policies adopted by Nigeria since the SAP era are qualitative in nature and as such are yet to be effective in turning round for the better economic fortunes of the nation. More recently, a new body of literature emerged and challenged the pro-foreign direct investment optimist about the long-term negotiating and benefiting prospects of the world. What might be labeled the structuralized school has argued that developing countries may in fact experience a long-term decrease in their power over high technology manufacturing system. Their arguments were based on what scholars learnt empirically about the behaviour and effects of multinational companies in developing countries. Results of some of their studies are. i)Bornshier and Jean in a multiple regression analysis of variance in growth of GNP per capital in 76 developing countries (Nigeria inclusive) between 1960 to 1975, found out that their flow of foreign direct investment were associated negatively with growth in income per capital. Other studies by Michael Dolan and Brain Tomlin appeared basically to confirm Bormshier’s observations. Also, Robert Johnson in his regression analysis of growth per GNP in 72 countries between 1960 to 1978, found stocks of foreign direct investment to be positively associated with economic growth at statistically significant level for relatively advanced economies. He therefore concluded that once the size of a developing country is taken into account, the level of direct investment has no consistent effect on growth. i)Vincent Mahler (1976) carried out an analysis of 68 least developed countries and found a statistically significant association between income concentrated in the 6 percent to 20 percent of the population and foreign direct investment in manufacturing but not in mining and agriculture. iii)Several studies were also conducted to estimate the economic desirability of the technology brought to developing countries by multinational corporations. It was found that royalty payments, technical tees, tie-in-clause leading to the purchase of over priced immediate goods, export restrictions and other limitations had resulted in technology acquisition during most of the sixties to become major burden In conclusion, considering the wide range of conflicting empirical studies on how foreign direct investment in developing countries affect the rate of aggregate growth, distribution of income, employment and some non-economic indicators like culture and political structures, one cannot draw conclusions from them with any minimal acceptable level of confidence. Perhaps the warning of Arthur Nwankwo is appropriate in this context where he warned that no nation could provide for the welfare of its citizens as long as its economy is fettered. More so, many studies have shown that multinational corporations are highly adaptive social agents and therefore, the degree to which foreign direct investment helps or hurts a developing country will be heavily influenced by the policy choice of the host country. 3. 0 EMPIRICAL ANALYSIS 3. 1MODEL SPECIFICATION The under listed variables are used in building the model. FDIForeign Direct Investments GFCF Gross Fixed Capital Formation GDPGross Domestic Product llPIndex of Industrial Production The models will therefore be: GPD = b0 + b1FDI + u†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. (equation 1) GFCF b0 + b1FDI + u†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ (equation 2) lIP = bo + b1FDI +u†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. (equation 3) These models, which are used in gauging and assessing the performance of the economy, make the economic indicators functions of the level of cumulative foreign direct investment. If we assume a linear relationship (logarithm), then the model equations become. Log GPD= b0 + b1Iog FDI + u†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. (equation 1) Log GFCF= b0 + b1log FDI + u†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ (equation 2) Log lIP= b0 + b1log FDI + u†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ (equation 3) Fromthe model Log GOP=b0 + b1 FDI Log GOP=0. 159 + 1. 237 log FDI Standard Error (Se)=0. 158 Correlation coefficient (r)=0. 99 t1=1. 03 t2=0. 037 3. 2 Interpretation of Results The first noticeable thing about the above result is that Gross Domestic Product is positively related to foreign direct investments. The responsiveness of GDP to FDI to 1. 237 indicates that a one percent increase in foreign direct investment leads to a more than proportionate increase of 1. 24 percent in gross domestic product. A correlation coefficient of 0. 9 indicates a very strong relationship between economic growth (measured by GDP) and foreign direct investments, thus leading to the rejection of our alternative hypothesis and acceptance of our null hypothesis, which states that there is a relationship between foreign, direct investment and economic growth. Also, a test of the significance of the intercept and gradient of our model is found to be statistically significant through a test of standard error. Thus given that: H0 : a = 0 H1 : a + 0, for significance of intercept And H0 = 0 H1 : B + 0, for significance of gradient. For t1 since the computed value of 1. 02 is less than 2. 042 (value from t table), we reject H1 and accept H0 which states that there is a relationship between foreign direct investment and economic growth. For t2 since the computed value of 0. 037 is less than 2. 042 (value from t table), we reject H1 and accept H0 which states that there is a relationship between foreign direct investment and economic growth. From the model Log GFCF=b0 + b1 FDI Log GFCF=0781 + 0. 873 log FDI Standard Error (Se)=0. 199 Correlation coefficient (r)=0. 95 Tl=9. 41 t2=41. 57 3. 3 Interpretation of Results The results from this model shows that there exist a direct functional relationship between foreign direct investment and standard of living, such that the elasticity of gross fixed capital formation with respect to foreign direct investment is 0. 873. A correlation coefficient of 0. 95 indicates a very strong relationship between foreign direct investment and gross fixed capital formation (which could be used as a measure of standard of living). Also, a test of the significance of the intercept and gradient of our model is found to be statistically significant through a test of standard error. Thus given that H0 : a = 0 H1: a + 0, for significance of intercept And H0: B = 0 H1 : B + 0, for significance of gradient For t1 since the computed value of 9. 41 is greater than 2. 042 (value from 1 table), we reject H0 and accept H, which states that the inflow of foreign direct investment has not affected the standard of living of Nigerians. For 12 since the computed value of 41. 57 is greater than 2. 042 (value from t table), we reject H0 and accept H, which states that the inflow of foreign direct investment has not affected the standard of living of Nigerians. 3. 4 Interpretation of Results The above results show a positive relationship between foreign direct investment and industrial production. The elasticity of the index of industrial production with respect to foreign direct investments of 0. 14 indicates that one percent increase in foreign direct investment will lead to fourteen percent increase in the level of industrial output. The coefficient of explanatory variable of foreign direct investment is also significant, statistically at 8. 5 percent. The correlation coefficient of 0. 78 shows high positive relationship between foreign direct investment and index of industrial output. Also, a test of the significance of the intercept and gradient of our model is found to be statistically significant through a test of standard error. Thus given that: Ho:a = 0 H1 : a + 0, for significance of intercept And H0 : B= 0 H1 : B + 0, for significance of gradient. For t1 since the computed value of 936 is greater than 2. 042 (value from t table), we reject H0 and accept H, which states that the inflow of foreign direct investment is not associated with the rate of increase in index of industrial production. For t2 since the computed value of 7. 05 is greater than 2. 42 (value from t table), we reject H0 and accept H1 4. 0 CONCLUSIONS AND POLICY RECOMMENDATIONS 4. 1 CONCLUSION Given the above situation and the fact that Nigeria’s economic recovery efforts and growth requires major private sector investment in modern equipments that can industrialize the agricultural sector and the economy as a whole, then the Nigeria’s foreign investment policy should move towa rds attracting and encouraging more inflows of foreign capital by moving ahead with economic programmes that includes measures easier set-up and expansion of businesses. In the years ahead, Nigeria (and many other African and third world countries) in trying to pave way for more foreign direct investment faces greater problems, especially with poor external image problem and particularly the concept of European Economic Unity that includes Eastern Europe. This translate to the fact that investment flows that would ordinarily have come from countries of surplus capital like Western Europe to capital deficient countries like Nigeria would now be going to poor European Economic Communities which includes Eastern Europe. Except African countries are able to adopt new strategies, this development will further compound the crises of under-development confronting countries like Nigeria. A very important challenge of management in the coming years would therefore be the development of indigenous technology and entrepreneurial capabilities as the involvement of multinational companies in our economy may dwindle as a result of new bigger and attractive opportunities that are likely to emerge from Europe. With the up and down movement of foreign direct investment, Nigeria needs to juxtapose foreign investment with domestic investment in order to maintain high levels of income and employment. The problem therefore does not lie so much with the magnitude of investment flows to Nigeria as with the form in which it Is given. We could emphasize that foreign investment cannot contribute much to the economic development of Nigeria if it is directed primarily to capital supply than to investment projects. Foreign investment can be very effective if it is directed at improving and expanding managerial and labour skills. In other words, the task of helping a â€Å"poor beggar† can be made less generous and yet more fruitful if it is directed at teaching him a trade rather than giving him food to eat. The analysis presented in this work does not offer a simple version of multinational corporation investment in Nigeria because the picture in complex. Foreign direct investment can make a valuable contribution to third world countries’ development in general and Nigeria in particular, but not all foreign direct investment doe so. Greater flows of investment fund’s climate in the Nigeria economy are important but a good investment climate is not synonymous with what multinational corporation prizes most. In conclusion, in order to further improve the climate for foreign investment in Nigeria, the government must appreciate the fact that the basic element in any successful development strategy should be to encourage domestic investors first before going after foreign investors, considering the fact that they constitute the bulk of investment activities in the economy. Thus, the most effective strategy for attracting foreign investment is to make the Nigerian economy very attractive to Nigerian investors first. 4. 2 POLICY RECOMMENDATIONS The following policies are hereby recommended to policy makers and government, if it is desired that foreign investment contribute to the growth and development of Nigeria. ? The Nigerian government should encourage the inflows of foreign direct investment and contact policy institutions that can ensure the transparency of the operations of foreign companies within the economy. In evaluating foreign direct investment, the screening process should be simplified and improved upon. For example, export investment projects that consistently generate positive contribution to national income can be screened separately and swiftly, while projects in import competing industries should be screened separately. ? Efforts should be made to engage in joint ventures that are beneficial to the economy. Joint ventures provide for a set of complementary or reciprocating matching undertakings, which may include a variety of packages ranging from providing the capital to technical cooperation. The government should intensify the policy to acquire, adopt, generate and use the acquired technology to develop its industrial sectors. ? Efforts should continue, this time with more vigor at ensuring consistency in policy objectives and instruments through a good implementation strategy as well as good sense of discipline, understanding and cooperation among the policy makers. ? The Nigerian government needs to come up with more friendly economic policies and business environment, which will, attracts FDI into virtually all the sectors of the economy. The Nigerian government needs to embark on capital project, which will enhance the infrastructural facilities with which foreign investors can build on. ? The current indigenization policy should be pursued to the letter as a way of preventing absolute foreign ownership in the key sector of the economy. ? The Nigeria government should also carry out the liberalization of all the sector of the economy so as to attract foreign investor s, so that the current efficiency and growth noticed in the telecommunication sector can also be enjoyed there. For Nigeria to generate more foreign direct investments, efforts should be made at solving the problems of government involvement in business; relative closed economy; corruption; weak public institutions; and poor external image. It is therefore advised that the government continues with its privatization programme, external image laundry, seriousness and openness in the fight against corruption, and signing of more trade agreements. REFERENCE Ahmed A. (1993) Strategies for foreign investment in Nigeria. A central Bank perspective Economic and Financial Review volume 26. Ajayi S. I. (1992) An Economic Analysis of Capital flight from Nigeria: World Bank Working Paper series No 993. Aremu, J. A(1997) Foreign private investment: Issues, determinants and performance. Paper presented at a workshop on foreign investment policy and practice, organized by the Nigeria institute of Advance legal studies, Lagos, March Arthur, Nwankwo (1981) Can Nigeria survive 4th dimension publication. Enugu. Berham N. J. (1970) National Interests and Multinational Enterprise: Tensions among the North – Atlantic Counties. Engle Wood Clifts: Prentize Hall. Bhattachary A, Montie P. J and Shame (1997) How can sub-saharan African attract more private capital in flow. Buckley P & Casson M. (1976) The future of multination enterprises: Macmillan press Limited, London. Caves R. E. (1988) Exchange rate movement and foreign direct investment in the United State, New York University Press. Classens S. (1993) Portfolio Capital flows: Hot or Cold? The World Bank Economic Review Vol. 9, No1 page 153-174. Drucker P. F. (1974) Multinationals and developing countries: myths and Realities. Foreign affairs No. 53. Dunning J. H. (1994) Re-evaluating the benefits of foreign direct investment, Transnational Corporations, Vol. 3, February, No 1, 23-51. Federal Republic of Nigeria (1988) industrial policy of Nigeria: Policies, Incentives, Guidelines and Institutional frame work. Federal Ministry of Industries, Abuja. Fernandez – Arias, E. (1996) The new wave of capital inflows: push or poll? Journal of Development Economics Vol. 48, 389 – 418. Frost K. and Stein J. C (1991) Exchange rates and foreign direct investment: an imperfect capital market approach. Quarterly Journal of Economics, Vol. 4, No 4, 1191-1217. Hartman D. G. (1984) Tax Policy and foreign direct investment in the United States. National tax journal, Vol. 34, No 4, December, 175 – 488. International Monetary Fund (1985) Foreign private investment in developing countries. A study by the international monetary fund research Department. Occasional paper No 33. Meier G. M. (1984) leading issues in economic Development. Oxford University Press, 4th edition. Mahmoud M. I. (1986) The Determinants of foreign investment in African countries, Dakar, Senegal. Nigerian Economic Society (1988) Rekindling Investment for economic Development in Nigeria. Selected papers for the annual conference. Nwankwo G. O. (1988) foreign Private Capital flows to Nigeria 1970 – 1983, Economic and financial Review. Volume 28, March. OjO . M. O. (1988) Nigeria Economic Crisis: Causes, Solutions and Prospects. A paper delivered at the AHQ garrison annual officers training, April. Stephen J. K. (1997) Foreign Direct investment, Industrialisation and social change. Contemporary studies in Economic and financial Analysis. Vol. 9, JAI Press, Greenwich connecticut.

Ethics Awareness Inventory Analysis Essay

The Ethics sensory faculty stock (EAI) is a interrogatoryify created by the Williams shew of Ethics and Management to provide individuals with a general approach towards ethical issues. This test broadly categorizes your profile in quaternary categories namely, character (C), obligation (O), results (R), and equity (E). This radical will discuss my EAI profile, and how the results apply to my master key and personal development. In the end, Ill too explain how my educational experience has alter my ethical thinking. According to the Ethics Awargonness Inventory test, Im just about(predicate) well aligned with character, and least closely aligned with equity.This marrow that Im a person that means that having a comput up to(p) moral character is more beta than achieving the results or completing their obligation. I believe that honesty and integrity are the more or less classical characteristics of a ethical person. I seem beyond peoples actions, and look deep in to their character to adjudicate whether they are ethical or not. I also believe that there are some standards regarding recompense and wrong, and that everyone is fully sensitive of them. They just need the proper self-denial to act upon them.My EAI test also shows that I value obligation alternatively than results, which implies that I look into the best interests of the company, and dont really check the consequences of my action. I track everyone like human beings and give them respect, rather than looking at them as means to an end. It also implies that Im a team player. My EAI score also suggests that I believe that an ethically and morally chasten decision shouldnt necessarily be popular. In fact, most of the decisions I go are unpopular in the masses, and I think that is a measure of swell character to stand up against a crowd.Regarding my professional and personal development, I evermore ask my self three questions when confront with an ethical dilemma is it a a djust for me is it right for the company and is it right for the customer? I believe that a decision should be in favor of the customer and the government as well. I always look for a win-win situation when faced with a problem. Another way I elucidate my ethical dilemmas is by looking at the character of the person and the intention screw it. When I feel strongly about an ethical decision, then I overlook the rules and make the decision based on the persons character.Lastly, I consider that my educational experience has tremendously change my ethical thinking. When confronted with an ethical dilemma, Im able to analyze the situation calmly. Furthermore, done my learning experience, Im able to value the diversity and appreciate the opinions of others. By appreciating the point of others, Ive been able to successfully avoid and/or solve conflicts. Furthermore, my educational experience has helped me increase my awareness about the choices I have regarding making decisions. Ive l earnt that Im not right in every situation and that its better to be more fictile when dealing with other people.In conclusion, I believe that its extremely important for every individual to comprehend their ethical inclinations. Although there are no right or wrong answers in the test, I believe that by taking this test a person is better equipped to defend his personal and ethical decision. Furthermore, a person is better able to understand himself and his values. Reference University of Phoenix. (2010). Ethics Awareness Inventory. Retrieved November 30, 2008, from University of Phoenix, hebdomad Two, rEsource. GEN480Interdisciplinary Capstone Course entanglement site.

Functional requirement Essay

1. Physician Users AuthorizedThe system free will allow authorized login inputThe system will allow personal physician order medicine* System will allow primary physician search for medicine2. SearchThe system navigates to correct patient.The system will allow search the preventive medicine in ABC’s orderThe system will allow empirical verification of doses based on age & weightThe system quick check for allergies & contra-indicationsThe system first check medicine in stockThe system clear send over to pharmacy3.Only 1 first requirement can be ensured.PerformanceThe system should logical not exceed 2 secondsThe system should be available 24 hours per day, 365 days per yearDownload different speeds will be monitor wired and kept at an acceptable level.3. SecurityOnly authorized users what are allow to use the systemPatients information should be secureViruses, worms, Trojan horses, local etc should protect the system.The system should automatically exit when there is inacti vity4.Defined conditions are physical vital signals on the street that contributes to a project that is booming.

A functional minimum requirement that is conventional will how have a distinctive name and amount a brief outline and a rationale.Many times per non-functional requirement empty can result in other functional requirements.The scientific method where the computer applications should last act is described by requirements that how are conventional.Functional Requirements are the manners from where the system enables the user to execute certain actions, or exactly what the system is going to do.

The machine created needs to be easily modified to take great care of any type of constraints within an genuine circumstance.The political machine needs to be such simple to recall for the user.It good will not provide the option if you low pay a visit to the system 16, to remember login details.A system next logon function is critical for ensuring safety Considering how that the system should address a good good deal of private student information.

It make a solution for any big important issue and should be robust.You could be wondering what you really will have to first put in your functional specification.Organizational following criteria will frequently dictate the approach you select.Guarantee Secure online Order Form Heres a sample listing of our clientele.