Annual Reports Essay Example | Topics and Well Written Essays - 750 words

Annual Reports - Essay Example Such difference may arise from content organization of the major elements of an annual report or may be due to order of arrangement of the report’s sections. In content organization, and with major focus on presentation of financial items, the financial statements may be presented in either account form or in a report form. The major difference between the two forms is in their orientation. While the report format is horizontally presented, the account format is vertically presented. The financial statements can also be communicated in exact figures or round off figures. Similarly, a report can document each item of the financial statements or group items and present their cumulative values (Nikolai, Bazley and Jones, 2009). Reports may also vary in the order of presentation of the major elements such as financial statements, â€Å"management discussion and analysis,† â€Å"report on adequacy and internal control,† among other sections (Warren and Reeve, 2006, p. 681). A review of annual reports of McDonalds and Yum Brands communicates a number of differences in the organizations’ approach to communicating their annual reports. The first major difference is in the order of presentation of the reports sections. McDonalds’ annual report begins with management’s discussion and analysis of the corporation’s performance, both financial and operational. Presentation of financial statements that is facilitated by explanatory notes follows this before reports on the organization’s internal control system and reporting (McDonalds, 2011). Yum’s report however begins by presenting the annual meeting before accounting for the organization’s activities in which it presents financial statements. The reports’ outlines therefore communicate McDonalds focus on reporting its financial performance while Yum prioritizes information regarding its planned decisions on management and human resource. Both

Contractual Agreements Vs Joint Ventures Assignment

Contractual Agreements Vs Joint Ventures - Assignment Example This paper refers to the R&D programs with inter-firm co-operation. The modes could be either contractual or through joint ventures. The basic objective behind these methods is to ensure cost-economization and strategic intent. R&D implies the standard activity of research oriented development wherein techno-scientific knowledge is applied to create newer procedures and products. The crux is that organizations benefit in the long run through R&D efforts and they need to plan for such activities to foster creation of better processes and products. R&D partnerships form a part of diverse relationships which two unrelated companies entertain through acquisitions or mergers. Different kinds of taxonomies got inter-twined in such understandings and they are now inseparable. The inter-dependency could be charted in any of the following ways of: †¢ Licensing & cross licensing: The service providers collect fee for the technological enhancement provided to their partner and sometimes swap knowledge instead of fee for cross-licensing. †¢ Second-sourcing ratifies reproduction of already existing products with specifications. †¢ Sub-contracting of one firm by the other establishes the customer-supplier relationship usually for long-term contracts. †¢ Joint funded R&D programs are usually contractual in nature wherein firms co-operate to perform such activities. †¢ Joint ventures combine the interests of two firms on a profit sharing basis. Sometimes firms with specific objectives related to different functions including R&D stipulate guidelines for performance of those functions smoothly. This paper refers to the R&D programs with inter-firm co-operation (IV & V points listed above). The modes could be either contractual or through joint ventures. The basic objective behind these methods is to ensure cost-economization and strategic intent. General trends in R&D dependency: The MERIT-CATI list which surveys the trend of R&D dependency establishes the following results: 1960s witnessed a relatively low number of such collaborations with a gradual increase towards the end from 10 a year to 30 a year. 1970’s continued the 30 a year trend and graduated to 50 a year partnerships till the middle only to increase three-folds to around 160 a year by the decade end. 1980s are earmarked for 200 and above inter-firm partnerships in the inception and galloping further to 500 a year till its end. The first two years of 1990s slowed down the pace to 350 to 400 alliances a year but later rose to 700 odd partnerships only to set off again to 500 per year till the end. Though, there is a slowdown in the late 90s, the number of partnerships, however, is far higher than the level of partnerships activated in the early 1960s. These alliances are also circular in nature that when they decrease, they tend to increase cyclically. The notable factor is the number of joint venture (JV) collaborations vis-a-vis contractual agreements in such R&D partnerships. In 1960’s when there were meager number of R&D partnerships, most of them were entered through JV’s. Till the mid of 1970’s around 70% of the total agreements were done through the JV route and 30% of them were through contracts. However, in the early 80’s this range slowed down to 40% giving bigger hand to contractual

Benefits Of Nuclear Energy Power On Malaysian Society Engineering Essay

Benefits Of Nuclear Energy Power On Malaysian Society Engineering Essay A comprehensive energy policy study has been undertaken and in June 2009 the government decided formally to consider nuclear power. A Nuclear Power Development Steering Committee was set up, to plan and coordinate the nuclear power development program through three working groups. Late in 2013 was set as target date for the steering committees Nuclear Power Infrastructure Development Plan (NPIDP), at which point the government will decide whether to proceed. In May 2010 the Energy Minister said that nuclear power was the only viable energy option long-term. Under the NP Steering Committee are three bodies: Nuclear Power Program Working Group under the Malaysian Nuclear Energy Agency (MNA), the Nuclear Power Project Working Group under the utility Tenaga Nasional Berhad (TNB), and a Legal and Regulatory Coordination Working Committee involving the Atomic Energy Licensing Board (AELB) and the Energy Commission.   Prior to all this, in August 2006 the Malaysian Nuclear Licensing Board said that plans for nuclear power after 2020 should be brought forward and two reactors built much sooner. In July 2008 the government directed TNB to set up a task force to look at the feasibility of nuclear power. In September the government announced that it had no option but to commission nuclear power due to costly fossil fuel, and set 2023 as target date. It then sent a draft energy policy blueprint back to the Energy Commission as it was not comprehensive enough. As of early 2010 the government had a $7 billion budget to build a nuclear power plant, and in May the Ministry of Energy, Green Technology and Water was told to find a suitable site so that the first unit could be in operation by 2021. The next step is the appointment of consultants to prepare feasibility study by late 2013, along with developing the regulatory framework, the soft infrastructure, and winning public support. Plus, In May 2010, the chairman of the Malaysian Nature Society recommended that the state of Sabah consider nuclear energy as an alternative to coal. Generally, most people do not prefer to use nuclear energy as the power source is due to the costly initial investment required to construct a nuclear plant. However, they do not think carefully on the benefit that we will achieve if we lessen the usage of fossil fuel as source of energy and move to nuclear energy. It is because nuclear energy is much cheaper. Even when oil and gas prices are lowered, electrical energy is competitive with fossil fuels. In fact, by using the nuclear energy, we can cover back the cost of building the nuclear plant in a just a short period as we should have save a lot of money from the usage of fossil fuels. Furthermore, we know that nuclear energy can supply larger source of energy from less amount of nuclear source which is mainly uranium. Not just that, nuclear energy prices are stable compare to oil and gas which is unstable and usually always increase due to circumstances such as political issues and world oil crisis. A country can purchase years o f uranium supply when the price is low as it does not required much space and can be easily stored until the time we need to use it.   From what have been discussed above, we should have realized that nuclear energy bring more benefits on economy compare to oil and gas and thus, it should be highly recommended to build a nuclear plant in Malaysia. Environment Apart from that, nuclear energy is also claims as a clean way to produce energy as it does not result in the emission of any of the poisonous gases like carbon dioxide or nitrogen dioxide. In todays world when pollution of the atmosphere is one of our main worries, an option such as this is definitely preferable compared to burning of fossil fuels which causes so much pollution. It can help to minify global warming by reducing the emission of Carbon Dioxide level in the surrounding far better than fossil fuels or also known as petroleum. According to international Energy Agency (IEA), that was examined to which energy sources can really help to lessen global warming by reduce Carbon Dioxide imitation, shows that from all the measures suggested, nuclear energy was found to have minimum effect on causing global warming. It is just about 10 percent! This result is even more remarkable to face the fact from International Energy Agency (IEA) that having no reservation to oppose nuclear en ergy. In comparison, coal and oil have Sulphur impurities that can cause smog and city pollution, but nuclear fuel is pure and free Sulphur. As nuclear energy produce electricity through the Uranium fission, not by burning of fuel, so that accordingly nuclear power does not pollute air. However, the use of nuclear energy application gives rise on many problematic because Carbon Dioxide emission must not be looked at solely of all risk. Hence, nuclear energy is not solution to all. This technology is still young and new. Lots of test and research should be done in order to find the greatest way in handling with its waste product, atomic fission, cooling method and etc. Until the scientists fine the correct method in controlling, handling and suitable materials to be used, it is recommended not to build up this energy sources as it very risky either in economic phase because it consumed quiet large investment of cash or especially bad effect to human being, other living organisms as w ell as our mother nature. Society There are many benefits of nuclear energy power on society in Malaysia and one of the benefits is that this power can produce vast amount of electricity that can be used on our country in a long term. The average amount of electricity that can be produced by a nuclear plan is 850 MW and about 439 nuclear energy plan around 30 countries that contribute on electricity production about 16 percent from the entire electricity around the world. Instead, there was a statement state by Mohammad Zamzam Jaafar, Head of Tenaga Nasional`s (TNB) nuclear unit said, Malaysia will hire Korea Electric Power Corporation (KEPC) in order to assist Malaysia prepare fundamental feasibility study for Malaysias first nuclear plant. An agreement already construct by TNB. Actually, using the fission energy of Uranium and not by burning fuel does not pollute air. However, the use of nuclear energy can give us highly problematic matter because carbon dioxide emission must not be looked at independently of all r isk and problems. This technology is still young and lots of test and research should be conducted in order to find the greatest way handling with it waste product, atomic fission, cooling method and many more. Moreover, nuclear energy can produced high amount of energy unlike wind and radiant light from the sun or solar energy and it is the only logical option now instead of fossil fuels. This is nuclear energys benefit which is undeniable. When compared to the fossil fuel waste, the nuclear waste which occurs due to the production of nuclear power is not only small in quantity but also remains confined so as not to affect anyone in its surroundings. It has been proved that if a typical family of four uses nuclear power for all its needs then the waste produced over a period of a lifetime would be as small as a golf ball. Other than that, the availability of nuclear power is competitive compared to other sources of power like oil and gas since the cost of the nuclear fuel is a smal l part of the total reaction and therefore even if there is a slight fluctuation in the market the entire reaction need not be affected and one of the main benefits of nuclear power is that it is an extremely reliable source of power because most nuclear reactors have a life cycle of 40 years which can be easily extended further for 20 more years. That means that this form of power is virtually inexhaustible. Furthermore, by using nuclear power, it can be our biggest political advantages by the reduction of dependence upon foreign oil, most of which lies in the Middle East and Russia. It can also decrease the western democracies of foreign oil free and it can be further facilitated with nuclear power. Most of all, nuclear power is safe although we heard a few accident cause by this power but these are only sporadic incidents compared to the rate of accidents which occur in fossil fuel industries, coal mines and gas pipelines which have a history of eruption. A report from nuclear po wer conference, Shangri- La, state that gas currently makes up 60 percent of Malaysias energy mix, but by 2027, the gas fields expected to be depleted, so that it is vital for Malaysia to search another source of alternative energy in order to ensure the electricity to this country always continue and supplies to the society.

Themes of The Village by the Sea by Anita Desai Essay -- Village Sea

Themes of The Village by the Sea by Anita Desai The novel, 'the village by the sea' by Anita Desai is about how Hari and Lila struggle for the survival of their family in the absence of their drunken father and ill mother. As portrayed in the beginning of the novel, the opening scene is described to be an unstable environment. This is reflected by the setting of the waves and how they are portrayed to be 'unstable' as the author uses phrases such as 'high tide' and 'low tide' to show the instabilities of life and its changes. In relation to this essential opening scene, this novel is briefly paraphrased to be a book describing the transformations and the hardships in life. As connected to these major morals described by the author, there are several minor themes in relation to the morals as mentioned earlier. These themes are responsibility, self-control and love. The main themes of this novel are change and survival. ?Change? in this book is the way each character is able to understand things in life have to be changed in order to progress. The theme of change is portrayed when the governors decide to turn Thul into an industrial area. Other situations are when Biju starts to introduce motor boats to Thul for fishing instead of manual one and this shows that the change of boats is for the development of fishing. Desai is able to communicate to us this theme when Hari?s father is able to turn from a useless drunken man to a responsible and caring person and also how Hari?s mother is able to get better from her ill state. With this, we can see that each situation in the book is linked together by the way Hari?s father changes when his mother falls ill and is taken to the hospital. This theme is stro... ... Coconut day. One main one is the way Hari?s father out of love for the family and his wife changes from drunkard to a responsible man. Another theme shown is self-control and this shown by the way Lila is able to keep the money she earns from the De Silvas to buy food for the family and not spent on useless things.Other examples are the way Hari makes a lot of money in Bombay, but although there so many nice things in there, he does not spend it but saves it. One character that is able to show this is Hari?s father by the way he is able to control himself from drinking toddy. From what we can see in the novel, the themes are related to each other like change and survival leads to responsibility, responsibility leads to love and self-control and also responsibility relates to love. This is created by the way the user creates the setting of the novel.

Has OPEC been a Successful Cartel? Essay

A cartel is an organisation of producers grouped together for their own benefit. The most well known cartel in existence today is OPEC, Organisation of Petroleum Exporting Countries. Its members are some (but not all) of the most important oil producing countries including Saudi Arabia and Mexico. Most cartels try to raise prices at the expense of consumers. The aim of this essay is to determine whether OPEC has been a successful cartel, this will mean I have to examine the strengths and weaknesses of OPEC which have been present throughout their existence of supplying oil. This should allow me to make an appropriate judgement on whether OPEC has been a successful Cartel. The brief history of oil prices show that oil was cheap in the 1950s and 60s. This was due to supply growing faster than demand. The early 1970’s saw a reversal of this trend, as demand increased faster than supply. This was mainly due to the world economy booming. Source: adapted from BP statistical review In November 1973, politics in the Middle East was to have a great effect on oil prices. With an existing tight market, the result was am explosion in the price of oil. The war was soon over but its economic downturn effect was not lost on OPEC. OPEC, whose members at the time supplied over 60% of world demand for oil, organised a system of quotas amongst themselves, fixing limits on how much each member could produce. By slightly cutting back on pre-1973 production levels, they were able to increase the average price of oil to around $13 (as shown in the table above). Price S2 As this demand and supply diagram S1 shows, as Supply decreases from S1 to S2, Price increases from P1 to P2. This P2 explains how OPEC managed to increase average prices of oil to $13 by cutting P1 back on supply. D Quantity QD2 QD1 However, this graph also shows that Quantity demanded for oil would also decrease. This would mean OPEC may well not be better of in terms of revenue as price increases and quantity demanded decreases (Price * Quantity =Revenue). However there was a fundamental reason why OPEC could successfully pioneer this massive price rise, this was mainly due to the fact that the demand for oil was inelastic in the short run. Price inelasticity assumes that demand is not heavily affected by a change in price. The reason behind oil being an inelastic product was due to the fact that oil consumers had invested heavily in capital equipment such as oil-fired heating systems and petrol driven cars. In the short term there were no cheap alternative substitutes. As a result OPEC would receive a higher revenue by increasing prices; hence higher profits. This could be considered a strength of OPEC as a cartel. However, in the longer term consumers are able to replace oil-powered equipment (substitutes). This would increase the elasticity of oil, hence an increase in price would have a more responsive effect on the amount demanded. As a consequence, when the demand for oil began to grow again in 1976,it was a slower rate than in the early 70s. In 1978, Iran and Iraq went to war. Iran was a major oil producer, and the  subsequent war severely disrupted supplies from these two countries. OPEC used this opportunity to tighten supply again. As a result rose again from $13 a barrel in 1978 to $36 a barrel in 1980. Total world demand fell once again. This gives an indication of OPEC being affected by external influences such as strains among their member countries. August 1990 saw another blow to OPEC’s strangle hold over the success of producing oil in a profitable manner. Political events in the Middle East saw Iraq invade Kuwait, as a result oil sanctions were applied to the output of both countries by oil consuming countries. Other oil producing countries feared of a major shortage in supply as prices rose from $18 to $40 a barrel; as a result other non-OPEC countries reacted by increasing production in oil. Prices fell back as overall supply returned to normal. Since the successful counter by the US to retake Kuwait, the price of oil has seen a steady drift downwards in price. This has also led to OPEC losing out due to more countries increasing production in oil; causing an increase in competition. Restricting competition is not necessarily easy. There are three potential problems that OPEC has to overcome due to it being a cartel. These are explained below: An agreement has to be reached The larger the number of firms, the greater the possibility that at least one key firm participant will refuse to collude. In the case of OPEC, this may well be difficult due to political disagreement that has regularly occurred during OPEC’s history. Cheating has to be prevented Once an agreement is made and profitability in the industry is raised, it would pay an individual firm to cheat so long as no other firms do the same. In the case of OPEC, with the increase in non-OPEC supply has led to strains among OPEC members. This has led to an increased incentive to  cheat(mentioned further on in the essay). Potential competition must be restricted Abnormal profits will encourage not only existing firms in the industry to expand output but also new firms to enter the industry. Firms already in the industries that don’t join the cartel may be happy to follow the policies of the cartel in order to earn abnormal profits themselves. However, in the case of OPEC, it would be hard for another competing country to do this as oil is a scarce resource and also OPEC already has the majority of the market within their own organisation. There are a number of reasons why OPEC has been one of the few international cartels that have survived over a long period of time, this is due to the following: No need for any buffer stocks or large amounts of financial capital If OPEC wishes to reduce supply. Member countries simply produce less and leave their oil in the ground. There are a relatively small number of members of OPEC Member countries are able to exert a high degree of control over the volume of oil lifted within their own countries. Oil production is not particularly affected by variations in weather Hence supply need not fluctuate widely and randomly from year to year as it does in many agricultural markets. OPEC countries supply a significant proportion of total world output. Because non-OPEC producers tend to produce at maximum capacity, countries such as USA and the UK are unable to exert downward pressure on oil prices  even if they wanted to. In real terms, oil prices today are little different from those at the start of the 70’s. OPEC countries increased their revenues substantially in the mid-1970s and again in 1979-80 but these were short-lived gains. OPEC suffers from three fundamental weaknesses: 1) Large increases in oil prices in the 1970s led to stagnant demand for until the mid 1980s. Consumers substituted other types of energy for oil, there was a shift towards much greater energy conservation. 2) Large increases in oil prices led to a large increase in supply from non-OPEC countries. The increase in supply has depressed world prices since the start of the 1980s. Hence, OPEC receiving a lower turnover as a result. 3) The increase in non-OPEC supply has led to strains amongst OPEC members. In any cartel there is an incentive to cheat. However, if countries cheat, then the price will fall rapidly. This occurred in the mid-1980s, when many OPEC countries exceeded their quotas, driving down the prices of oil. Which again would have an adverse effect upon profits made by OPEC countries. To conclude, I believe that OPEC has suffered many problems associated with being a cartel. As a result I believe OPEC will not continue to be a successful cartel due to individual countries ‘cheating’ in order to gain extra profits (as mentioned previously). There is also the effect of OPEC being able to maintain high levels of profit only on a short term basis, until free market forces take effect and these profits once again return to normal. It must also be mentioned that the increase in supply from non-OPEC members has also created a downward pressure effect upon prices, therefore decreasing OPEC’s control on prices. Hence, profit margins being damaged. The future for OPEC may well see more adverse effects occurring. As the problem of oil being a scarce resource becomes present, free market sources will look towards a substitute for oil. This may well see the demand for oil decreasing in the long term. Once again this will lead to OPEC losing its  competitiveness as a cartel.

Overfishing the World Big Fish Population

Over Fishing the World Big Fish Population Insert your Name Here SCI275 Axia College of University of Phoenix The overfishing of our world’s oceans is causing a depletion of some prize fish, such as tuna and swordfish, to the point that some scientists believe that 90% of these big fish populations have been fished out. Jeremy Jackson of the Scripps Institute of Oceanography published a study in 2001 in which he asserts that overfishing is more destructive than toxic pollution or degrading water quality (University of Phoenix,  2007). Dr. Daniel Pauly, Professor and Director of the University of British Columbia's Fisheries Centre, describes it as follow on The Overfishing. org   (2007) website: â€Å"The big fish, the bill fish, the groupers, the big things will be gone. It is happening now. If things go unchecked, we’ll have a sea full of little horrible things that nobody wants to eat. We might end up with a marine junkyard dominated by plankton† (Fishing down the food web,  para. 1). Among the scientific community there is little argument on how to resolve this issue. Research has found that the situation is reversible if addressed now, but states that it will require a change in attitude in how we are using the oceans (University of Phoenix,  2007). To address this issue now, so that we may sustain the world’s big fish population for future generations, we must create a plan of action that includes the following steps (Young Peoples Trust for the Environment,  n.. d. ). Begin with quotas on fish. We can base this quota on scientific estimates of which fish are the most severely depleted, and adjustments can be made to the quotas according to reassessments done every few years as we monitor the repletion of the fish populations. †¢ Larger nets must also be used. As the big fish population has declined, mesh size has gotten smaller. We must increase this back to the original mesh size used perhaps 40 years ago, to allow the smaller fish to escape a nd continue to grow and breed. International agreements to protect important habitats, such as spawning and nursing grounds of these endangered big fish. †¢ Create a system that monitors the catch being brought in by fisheries, and independent fishermen, worldwide. Perhaps assessing severe fines for those caught exceeding the quotas placed on the endangered fish, or fishing in controlled waters, so that the penalty would exceed the expected gain. Educate fishermen on the fact that by following this plan, they are not losing their income but, in fact, helping to preserve their livelihood Most commercial fishermen, such as Pete DuPruis, who owns and operates his own fishing vessel on the Pacific Ocean, will see this as a challenge to their ability to earn a living. DuPruis and his fellow fishermen must be educated to realize that by following the guidelines, we will ensure their livelihood for many years, and the industry for future generations of commercial fishermen. A presentation should be made mandatory, as part of renewing the commercial fishing license, showing the declining numbers in the big fish groups, and how by following these guidelines, we can sustain their industry and the fish population both. Once made to understand that only through these efforts can the world continue to rely on the ocean’s population as a source of food, and that all fishermen worldwide will be held to the same standards, the fishermen should go along with the management plan, even if not happy about it. On the other side of the issue, environmentalists should be happy to help implement and provide data for this initiative to restock the world’s big fish population. By putting this plan into practice, we will also resolve the other problems created by over fishing, as it effects not only the depleted fish population, but also the animals for which those fish are food of choice. Whales are turning to sea otters for food, rather than the sea lions and eals on which they normally feed, as those populations also decline. Over fishing has also caused the use, as stated earlier, of smaller mesh nets, increasing the amount of by catch that is caught in the nets. By catch is the seabirds, dolphins, sea turtles, and even whales that are also caught in the net as they drag it in, and are usually dumped back into the ocean, dead or dying. A drastic reduction in the amount of by catch will subsequently occur with the reinstating of the larger mesh nets. The management plan may cause fishermen to have to look into a second source of income for the first five to ten years, as the most severe restrictions are put into place, giving the fish populations can breed and repopulate, and a reassessment to be done by the scientific community charged with monitoring the big fish groups. Governments might be forced to subsidize the industry for this initial period, to help prevent illegal poaching by some fishermen who saw poaching as their only economic alternative. Consumers would have to reduce their use of fish, and would have to pay more for the fish they did purchase at the market during this period of regeneration, but the result should be the reduction of prices after the fish populations have been restored. The encouraging news is that, by employing this simple plan for the restoration and future sustainment of our ocean’s big fish populations, we will be able to enjoy them as a food source for the foreseeable future. Referecences Overfishing. org. (2007). Overfishing – a global disaster. Retrieved November 07,2009 from http://overfishing. org/pages/why_is_overfishing_a_problem. php University of Phoenix. (2007). Declining fish stock vlr. Retrieved November 07,2009 from University of Phoenix, SCI275 – Environmental Science website at https://ecampus. phoenix. edu/secure/aapd/axia/sci275/multimedia/video/declinining_fish_stock. htm Young Peoples Trust for the Environment. (n.. d. ). Over fishing. Retrieved November 08,2009 from http://www. ypte. org. uk/environmental/over-fishing/29

Hillary Clinton Essays - Rodham Family, Hillary Clinton, Rodham

Hillary Clinton Essays - Rodham Family, Hillary Clinton, Rodham Hillary Clinton Hillary Diane Rodham was her full name. She was born October 26, 1947 in Chicago, Illinois. She is the daughter of Dorothy and Hugh Rodham. She has two younger brothers, Hugh Jr. and Anthony. Hillary enjoyed participating in school activities such as softball, swimming and other sports. She also loved going to church. Hillary went to a high school with no name. She then redistricted into Maine South High for her senior year. After she graduated from Maine South High, she went to Wellesley College in Massachusetts where she majored in political science. When she graduated from there, she went to Yale Law School in Connecticut where she met her future husband, Bill Clinton. Later, she went to Washington D.C. as one of only three women out of 43 lawyers to work on the inquiry into the impeachment of President Richard Nixon. In 1975, Hillary then married Bill Clinton October 11, 1975 at age 27. She was the First Lady of Arkansas and Senator of New York. When her husband, Bill Clinton, decided to run for president and won, she became the First Lady of the United Sates. In 2000, she also served as the first woman Senator and an American Politician as the 67th United States Secretary of State under President Barak Obama. Now, Hillary is running for President of the United States in 2016. As President, Hillary Clinton wants to increase middle class incomes and by doing this or make this work, the first step she will do is boost economic growth which means she will give tax cut to the middle class and small businesses. The second step she would do is create fair growth and by doing this she would raise the minimum wage of $15 an hour and increase workers benefits. The third and last step is to support long-term growth and that actually mean she will raise short-term capital gain taxes for those who are earning thousands of dollars or more a year. Shell also provide tax relief to working families and small businesses. She would like a clean energy too. Her new college impact will invest in $350 billion so students do not have to borrow money to pay tuition at a public college in their state. She has also called for national infrastructure bank that would leverage public and private funds to invest in projects across the country. Hillary really wants to do something abou t taxes if she becomes president, so she would do anything to get the job done.

Free Essays on Sunday Morning

Sean Salazar Salazar Professor McHale English 101 13 July 2002 Sunday Morning The thick, burnt scent of roasted coffee tickled the tip of my nose just seconds before the old, faithful alarm blared a distorted top-forty through its tiny top speaker. Wiping away the grit of last night's sleep, the starch white sunlight blinded me momentarily as I slung my arm like an elephant trunk along the top of the alarm, searching for the snooze button. While stretching hands and feet to the four posts of my bed, my eyes opened after several watery blinks. I crawled out of the comforter, edging awkwardly like a butterfly from a cocoon, swinging my legs over the side of the bed. The dusty pebbles on the chilled, wood floor sent ripples spiraling from my ankles to the nape of my neck when my feet hit the floor. Grabbing the apricot, terry-cloth robe, recently bathed in fabric softener and October wind, I knotted it tightly at my waist like a prestigious coat of armor and headed downstairs to battle the morning.... Free Essays on Sunday Morning Free Essays on Sunday Morning Sean Salazar Salazar Professor McHale English 101 13 July 2002 Sunday Morning The thick, burnt scent of roasted coffee tickled the tip of my nose just seconds before the old, faithful alarm blared a distorted top-forty through its tiny top speaker. Wiping away the grit of last night's sleep, the starch white sunlight blinded me momentarily as I slung my arm like an elephant trunk along the top of the alarm, searching for the snooze button. While stretching hands and feet to the four posts of my bed, my eyes opened after several watery blinks. I crawled out of the comforter, edging awkwardly like a butterfly from a cocoon, swinging my legs over the side of the bed. The dusty pebbles on the chilled, wood floor sent ripples spiraling from my ankles to the nape of my neck when my feet hit the floor. Grabbing the apricot, terry-cloth robe, recently bathed in fabric softener and October wind, I knotted it tightly at my waist like a prestigious coat of armor and headed downstairs to battle the morning....

A Discussion on Moral Issues of Cosmetic Surgery

A Discussion on Moral Issues of Cosmetic Surgery Cosmetic Surgery Cosmetic surgery is a surgical procedure that is done on body parts that are healthy, and has the purpose of improving appearance. Cosmetic surgery has become more common over the years, especially in the United States. However, many are bringing to attention ethical problems related to the increasing percentage of people who have undergone this procedure. While some critics make a few good points about moral issues of cosmetic surgery, many who bring up the ethical issues of the procedure do not make strong enough arguments. Just like any other surgery, cosmetic surgery is a procedure that comes with many risks, but it is still an important one that should continue to be taught to and performed by physicians. Stephen Coleman writes a great defensive argument for cosmetic surgery in his â€Å"A Defense of Cosmetic Surgery†, which specifically excludes reconstructive surgery. Coleman makes an accurate point by stating that cosmetic surgery can be morally justifiable for actors and actresses because the want for these surgeries are based off of their desire to sustain their jobs. (176) People on television are often critiqued on their physical appearance, and this can skew the hiring process for actresses and actors to role in movies and television shows. This especially affects women in the Hollywood industry. Women are strongly pressured to have certain physical features, and to display those features while playing their roles for media. This leads many actresses, female singers, and female models to undergo breast augmentation, breast reduction, abdominoplasty, and many other cosmetic surgeries to look appealing for the general audience and for directors to hire them for media role s. Even though it is sexist and unfair to hire women solely based on their looks, it is the reality of the world we live in today and many women in the media industry are forced to look a certain way to keep their jobs. This suggestion that is reasonable for women in Hollywood to undergo cosmetic surgery can be further expanded to any person looking for a job, seeking a job, or looking to get a better job. Several studies have come to the conclusion that attractive people are more likely to be get call backs for job interviews, get promoted, and get paid more compared to unattractive people. While attractiveness can be seen as subjective, there are certain beauty standards that people are held to such as facial symmetry, a youthful appearance, and large sexual body parts. Since having certain physical features would make a person more successful in terms of careers, it would be ethical for a person to seek to attain those features. However, not every person who wants cosmetic surgery is doing so to have a successful career. As Coleman states in his argument, many of the first plastic surgeons performed plastic surgeries to alleviate problems that other people had on a person’s appearance. He gives a great example saying that many Jewish, Black, and Asian people underwent the surgery to avoid prejudice. These minorities had cosmetic surgery done in order to fight against stereotypes and to conform to the standards of beauty at that time. (Coleman 177). However, Coleman is not seeking to defend these types of surgeries. I disagree with Coleman when he states that surgeries of these circumstances do not fit his definition of cosmetic surgery. Coleman states that surgeries that are performed to relieve serve psychological stress, decrease functional disturbances, and increase physical appearance outside a normal variation should really be considered reconstructive surgery. (173) I argue that surgeries performed to have a more successful career and to decrease stereotypical features of a certain race are definitely cosmetic. They are not medically necessary and some are only performed to fit within Caucasian physical appearance norms, which should not be the standard of attractiveness. Despite my disagreement with Coleman on these issues, I agree with his main argument, which brings the topic of autonomy into the picture. Coleman argues that since autonomy is a basic human right, then people should be allowed to get surgery solely for the purpose of increasing their physical appearance. It would be unethical to shame people into not getting cosmetic surgery or to ban cosmetic surgery. This would be a violation of patient autonomy. Even though there may be risks associated with cosmetic surgeries, just like any other surgery, it does not cause any direct harm. Therefore it could also be argued that beneficence is also a factor that could come to play, because cosmetic surgery increases physical appearance and does not inflict intentional harm. (Coleman 178-180). While Coleman makes the argument that cosmetic surgery is ethical because it respects patient autonomy, Franklin Miller suggests patient sovereignty is a topic that should as be discussed in regards to cosmetic surgery. Miller argues that some physicians and medical companies promote cosmetic surgeries by planting subliminal messages in advertisements for men and women by suggesting that they would look better if they undergo cosmetic surgery. He argues that the field of cosmetic surgery is more business than it is medical. While Miller does raise good points, I believe that these advertisements do not increase the likelihood of people undergoing cosmetic surgeries. Miller suggests that physicians are planting the idea in people’s minds that their bodies should be modified. (Miller 355) However, people are fed these ideas everyday. From actresses to models, people are constantly shown what makes someone physically attractive. People always look up to those in the media, and wa nt to look like those actresses and models. Therefore it would not be accurate in suggesting that physicians are the ones planting these new ideas that our bodies are not perfect. Many physicians are capitalizing on Hollywood’s portrayal of perfect looking people, but it is not an idea that they made themselves. I also argue that not all cosmetic surgeons are doing their jobs simply for the money. Many physicians perform cosmetic surgeries because they actually care about the well being of people and want to help patients in whatever way they can. If a patient would feel better in undergoing cosmetic surgery, then it would be ethical for a doctor to perform the surgery. Also, if one were not thinking about getting cosmetic surgery, advertisements would not suddenly make them believe that they would need the surgery. Advertisements for cosmetic surgeries simply make it more accessible for those seeking to get the surgery. Overall cosmetic surgery should not be an ethical problem. The two main ethical theories that are upheld through cosmetic surgery are nonmaleficence and autonomy. Physicians are doing no harm to the patients that they perform the surgery on, and performing the surgery would be respecting patients’ autonomy for those who want to enhance their physical appearance. Cosmetic surgeries are also beneficial because they can increase one’s self-esteem, increase likelihood of a successful career, and can help people avoid discrimination due to physical features, thereby avoiding psychological harm. In conclusion, cosmetic surgery is a procedure that should be treated like any other surgery, as it causes no direct or intentional harm, and can increase the overall mental health of a patient.

Unit IV Essay Example | Topics and Well Written Essays - 750 words

Unit IV - Essay Example Three years’ statements are provided for the company. In addition, statements can also be viewed on quarterly basis. This is an interesting link and shows prices for IBM stocks since December 31, 1965 to date. The information that is provided include open and close prices for the day, highest and lowest prices and total volume of transactions for the day. One can search the range of dates for which the historical stock prices are to be viewed and the system provides these readily. This link shows the industry in which the company operates. For IBM, the industry is â€Å"Diversified Computer Systems† in the â€Å"Technology† sector. It also gives a brief comparison of the company with the industry changes in stock prices. This page provides comprehensive information about IBM. This includes the full business address of the company, its website, the stock exchanges where the company is listed, number of employees (366,486 for IBM) and a brief summary of IBM together with a description of key executives and their pay package. The research reports provide various analysis of the company by different research agencies like Standard and Poor’s, Plunkett, Reuters etc. The reports are provided for existing and potential shareholders to gain an insight into company’s strategies, operations and market standings. The P/E ratio for IBM is 16.92 (as on June 28, 2007). The stock price depends upon factors like last dividend paid, dividend growth ratio and the interest rate in the market. The actual figure, though, might differ from the calculated one because other non-financial factors like market conditions, speculation, and company’s image are also critical in the actual stock price. 2. Yes. Government needs to intervene into the operations of companies from the viewpoint of a regulator. This is because these listed companies use common people’s money to develop their systems and procedures and hence, have

Karl Marx and his Philosophy Coursework Example | Topics and Well Written Essays - 2500 words

Karl Marx and his Philosophy - Coursework Example The observations of Marx and Engels led to their work, which is a critique of capitalism. Karl Marx is the most erudite socialist thinker to emerge in the 19th century. Although he was greatly involved with social, economic and political ideology gained rapid recognition in the socialist movement after his death in 1883. While in Brussels Marx devoted him to an extensive research on the history and elaborated what came to be known as the materialist conception of history He developed in a manuscript (published posthumously as the German Ideology), of which the basic thesis was that "the nature of individuals depends on the material conditions determining their production. Marx pointed out the history of the various modes of production and predicted the abolition of industrial capitalism and its replacement by communism. He devoted himself to the study of political economy in order to determine the causes and conditions of this crisis. Marx discovered the law of development of human history. The simple fact is that mankind must first of all eat, drink, have shelter and clothing, before it can pursue politics, science, art, religion, etc. Therefore, the production of the immediate material means, and consequently, the degree of economic development attained by a given people or during a given epoch. By laying the foundation upon which the state institutions, the legal conceptions, art, and even the ideas on religion, of the people concerned, have been evolved. Karl Marx discovered the special law of motion administering the present-day capitalist mode of production, and the bourgeois society that this mode of production has created. The unearthing of surplus value abruptly threw light on the problem, in trying to solve which all previous investigations, of both bourgeois economists and socialist critics, had been groping in the dark. Marx authentic mission in life was to contribute to the overthrow of capitalist society and of the state institutions, which it had brought into being, to contribute to the liberation of the modern proletariat.

Business and Management for Engineers Essay Example | Topics and Well Written Essays - 750 words

Business and Management for Engineers - Essay Example Its management remains in control during the period of Chapter 11 but the important thing is that it gives the company â€Å"automatic stay† and â€Å"breathing room† to put its house in order by not allowing parties to take legal action or take away its assets (http://www.gmreinvention.com). General Motors was originally founded on September 16, 1908 as a holding company for Buick by two partners, William C. Durant and Charles S. Mott. Two years later or around 1910, Durant lost control of General Motors because of a default in its bank loan obligations. However, he was able to regain control through a proxy war he waged by using the Chevrolet Motor Car Company to acquire shares secretly but then he lost control again when the vehicle market collapsed during the Great Depression. General Motors Corporation was part of the so called three generals in American business – the other two being General Electric and General Mills. Years of mismanagement and a bureaucratic corporate culture led to its collapse in the last financial crisis and is now owned by the US government through its Treasury Department under the Troubled Asset Relief Program (TARP); it was overtaken by Toyota last year. After its restructuring under Chapter 11 rules, it is now a limited liability company. It means being an LLC, it provides limited liability to its owners which are the US government and to a lesser extent, also the Canadian government. Other present owners include the United Auto Workers Union Employee Association and various bondholders of Motors Liquidation Corporation (the new name of General Motors while it is undergoing rehabilitation at present) while the previous stockholders of the company are now holding worthless pieces of paper as company liabilities are much greater than its total assets (a negative net-worth of $86 billion). Before the restructuring, it was a

MEA2 Theory and Motivation Essay Example | Topics and Well Written Essays - 1000 words

MEA2 Theory and Motivation - Essay Example 65). As Shanks (n.d., p. 34) argues, managers do not comprehend the theory and the misconceptions regarding motivation which prevents them from implementing it effectively. Maslow opined that the physiological needs are the ones that need to be fulfilled first. Hence, man tries to feed himself first. For this, he looks for entry-level jobs. Hence, I, as a manager would encourage others to work to sustain themselves. Belonging needs are the next in line. After food, clothing and shelter, I would seek friendship, and crave for family. These needs bring with them their own set of demands. Thus, I would try to fulfill such belonging needs. After these three levels, I would satisfy my esteem needs. I look for self-confidence and seek respect from others. I would motivate others to perfect their work and the approach towards it to satisfy such needs. Self-actualization needs are the ultimate needs. One needs to pursue one’s inner talent and be creative to feel real worth. One should also encourage others to seek personally enriching activities like hobbies to unleash their full potential. Griffin and Moorhead (2014, p. 94) point out instances that people giving up well-paying jobs for more fulfilling ones. Any strategy adopted to motivate one or others should be seen in the context of its effectiveness. Strategy is a two-way street. While the strategy brings changes in one’s life, the organization for which the person works can also perceive the result of the strategy. Referring to Maslow, Stone and Patterson (2005, p.2) purport that productivity would occur only after all the five needs are satisfied. 1. If one is successful in satisfying one’s primary needs, then one has made the right choice of job. In case, individuals cannot live within their means, they should either curtail expenses on food or look for jobs that

Corporation Fraud Essay Example | Topics and Well Written Essays - 750 words

Corporation Fraud - Essay Example MF Global and its parent holding company (MFGH) were forced by federal regulators to file for Chapter 11 bankruptcy protections on October 31, 2011 (Bunge 3). Within the span of less than a week one of Wall Street’s pinnacle trading firms was reduced to heap of broken promises and over one billion dollars in missing investor and client assets. After the MF Global bankruptcy was filed, investigators from the Securities and Exchange Commission discovered that a subsidiary of MF Global, MFGI, had improperly â€Å"booked† commodity trading transactions that exceeded the margin capability of MF Global to repay (Arends 14). The nature of this and how it was orchestrated and hidden by MFGI and MF Global executives is the focus of this paper. MF Global was in the business of facilitating futures trading (USCHC on Financial Services 81). If a customer opened a position on a commodity, MF Global was required to post the margin required to hold that position on the contract exchan ge. For the most part, the amount of margin required was determined using a standardized algorithm called the Standard Portfolio Analysis of Risk (SPAN) (USCHC on Financial Services 102). ... In reality, the under currents that ripped the foundation from under MF Global were caused by a loop hole in accounting practices that allowed MF Global executives â€Å"to book† assets on both sides of the commodity and securities ledger (Orol 2). MF Global executives at some point in 2010 began co-mingling assets from the securities side into the commodity operation to cover massive short position losses on European bonds (Arends 9). The Chief Executive Officer at MF Global during the crisis was a former Governor and Senator from the state of New Jersey, John S. Corzine. John Corzine was first appointed as Chief Executive Officer (CEO) in 2010 by the MF Global Board of Directors (Bunge 9). Corzine envisioned turning MF Global into a dominant Investment Bank on Wall Street and embarked on an ‘aggressive†(Weidner 2) and risky management plan (Sandler 2). Less than eighteen months later the contrived plans of Jon Corzine to alter and reshape the much respected MF Gl obal began to unravel. Through the SIPA process and the unwinding of MF Global commodity positions, it has been revealed that the shortfall in customer assets had two basic causes. MF Global by using a loophole in their â€Å"audited and regulated† (Orol 4). Accounting regimen had been depositing and moving customer segregated funds and securities through MF Global general accounts that were operated by company commodity traders and executives. The funds which were being transferred between â€Å"off-shore and domestic banks in the United States† were in the process deposited through MF Global corporate account’s (Orol 3). Customer money was re-routed by MF Global to â€Å"artificially inflate the companies deposit

IT Organization Essay Example | Topics and Well Written Essays - 1000 words

IT Organization - Essay Example Additionally, it has also been viewed that countries like China, the United Kingdom and Australia are becoming a center of attraction for large IT industries to set up their business in these locations and explore the associated opportunities. Telecommunicating is a form of IT organization where employees working within the association do not commute to a central place of work. A person who communicates is generally known as the telecommuter or teleworker. A research conducted by Reuters poll demonstrations that about one in five employees round the globe, particularly working in the â€Å"Middle East, Latin America and Asia telecommunicate regularly† and nearly 10% work from home (Reaney, 2012). Discussion Telecommunicating industry is considered to be one of the most frequently growing industries in the IT sectors. It is an organization where task are performed outside of the normal organizational space and time with the help of computer and other communication technologies. Correspondingly, the growing number of industries around the world, it has been viewed that large multinational organization assign their task to some other organization in order to maintain a coordinated relation amid all its stakeholders and customers. Considering the aspect of telecommunication industry in Australia, recently it has been viewed that Australian telecom are concerned about the cost implications and selective impact of rigorous new national security proposal (Commsday, 2012). The aspect of telecommuting in the UK is considered to be one of the pioneers around the globe. Started in the year 1986 the country has 92,000 employees out of which 15,000 are considered to be home workers. It is worth mentioning that the vital reason behind providing the facility to work from home is that it saves an average of US $5,000 a year as employees are not required to spend on travelling and are considered to take few sick leaves as they are close with their family members (BBC, 20 11). Considering the aspect of telecommuting in China, it can be stated that the country has been the place of attraction for many large industries due to its rapidly increasing literacy rate and continuous availability of skilled human resource (KPMG, 2010). Considering the above stated facts of the three selected country the new IT organization would provide the facility of working both from home and office to individuals. The organizational chart of the new organization is being illustrated below: Figure: IT Organizational Chart (Georgia Institute of Technology, 2013) With reference to the above illustrated organization chart, it can be viewed that since the organization would be based on providing IT services to three major countries in the world. It is therefore vital that the organization is built on a cross functional basis as it provides much more convenient working system within an organization. Additionally, it can be ascertained that it provides a rigid and coordinated fo rm of working system which is specially needed in all IT industry. Considering the aspects of providing services and establishment in three of the largest country, the required budget has been estimated to be US $30 million. This would include steps like developing IT governance

Corporation Fraud Essay Example | Topics and Well Written Essays - 750 words

Corporation Fraud - Essay Example MF Global and its parent holding company (MFGH) were forced by federal regulators to file for Chapter 11 bankruptcy protections on October 31, 2011 (Bunge 3). Within the span of less than a week one of Wall Street’s pinnacle trading firms was reduced to heap of broken promises and over one billion dollars in missing investor and client assets. After the MF Global bankruptcy was filed, investigators from the Securities and Exchange Commission discovered that a subsidiary of MF Global, MFGI, had improperly â€Å"booked† commodity trading transactions that exceeded the margin capability of MF Global to repay (Arends 14). The nature of this and how it was orchestrated and hidden by MFGI and MF Global executives is the focus of this paper. MF Global was in the business of facilitating futures trading (USCHC on Financial Services 81). If a customer opened a position on a commodity, MF Global was required to post the margin required to hold that position on the contract exchan ge. For the most part, the amount of margin required was determined using a standardized algorithm called the Standard Portfolio Analysis of Risk (SPAN) (USCHC on Financial Services 102). ... In reality, the under currents that ripped the foundation from under MF Global were caused by a loop hole in accounting practices that allowed MF Global executives â€Å"to book† assets on both sides of the commodity and securities ledger (Orol 2). MF Global executives at some point in 2010 began co-mingling assets from the securities side into the commodity operation to cover massive short position losses on European bonds (Arends 9). The Chief Executive Officer at MF Global during the crisis was a former Governor and Senator from the state of New Jersey, John S. Corzine. John Corzine was first appointed as Chief Executive Officer (CEO) in 2010 by the MF Global Board of Directors (Bunge 9). Corzine envisioned turning MF Global into a dominant Investment Bank on Wall Street and embarked on an ‘aggressive†(Weidner 2) and risky management plan (Sandler 2). Less than eighteen months later the contrived plans of Jon Corzine to alter and reshape the much respected MF Gl obal began to unravel. Through the SIPA process and the unwinding of MF Global commodity positions, it has been revealed that the shortfall in customer assets had two basic causes. MF Global by using a loophole in their â€Å"audited and regulated† (Orol 4). Accounting regimen had been depositing and moving customer segregated funds and securities through MF Global general accounts that were operated by company commodity traders and executives. The funds which were being transferred between â€Å"off-shore and domestic banks in the United States† were in the process deposited through MF Global corporate account’s (Orol 3). Customer money was re-routed by MF Global to â€Å"artificially inflate the companies deposit

Adderalls Effects on the Body Essay Example for Free

Adderalls Effects on the Body Essay Adderall is an amphetamine based stimulant that targets your frontal lobe to increase productivity in cognitive thinking and learning. This drug was invented in 1986 and introduced into the market of prescription drugs four years later. There has been critical research and deep cross examination of the effects and effectiveness of this drug. This is an extremely sensitive topic for everyone all the way from the users to the top of the corporations that are marketing the drug to our youth including children as young as three years old. Studies show that such a thought enhancing drug should not be distributed to children because it may seriously alter a young developing nervous system in negative ways. Even though many concerns have been raised by pediatricians and nutritionists the big pharmaceutical companies accept the risk and encourage children to continue consuming this drug. This is a big problem because there is so much contradiction surrounding this drug and the caution flags are being ignored. A research analyst named Alex Chen performed in depth research into the effects of Adderall on frontal lobe activity and behavior alteration. See more: Strategic Management Process Essay Through his research, as shown in the article, he uses video games as an example. If someone very interested in any type of video game and is given Adderall, they would have little interest in playing the game that they normally would indulge themselves in and be much more attentive to abstract critical thought. On the other hand, if you give the same dose to a person who had little interest in video games they would show an abnormal amount of interest in the activity. This takes place when amphetamines are stimulating the brain. People that do not have ADD or ADHD tend to get the opposite effect of the drug because their brains are producing enough dopamine to maintain consistent attention and awareness without stimulation from the prescription. Amphetamines work by stimulating your inhibitory area in your hypothalamus. This region of the mid-brain has two areas. One side of the midbrain inhibits hunger and the other part stimulates it. Seeing that these two areas are stimulated would create the anticipated effect. The midbrain sends signals to the whole body that hunger is not a priority, this explains why there is never an urge to eat and food does not satisfy normally. Hunger, or the lack there of, is a huge issue when taking Adderall as a daily prescription. Doctors that prescribe this drug always lay heavy caution on the fact that this drug will virtually cut off your ability to be hungry. So when taking the drug for the first couple months you are required to take two day breaks every three days to allow your body to catch up. Exploring the long-term effects of Adderall it is difficult. Extensive long term research does not exist because there has not been a sufficient time period to make definite observations about long term effects. The drug has been out for less than 30 years so an entire generation cannot be examined. With all stimulants there are possible cardiac effects. Amphetamines act as a stimulant, increasing heart pressure and repetitions. Effects depend heavily on your potential for heart diseases, and whether the drug is being abused. It is very possible that people with ADD and ADHD are much more likely to acquire neurotoxicity because their receptors absorb significantly more than the receptors of those without Attention Deficit Disorder. This is the basis for long-term amphetamine neurotoxicity. Other serious long term side effects of Adderall include elevated blood pressure, stroke, heart attack, and sudden death. This drug has been recognized around the world by doctors and nutritionists as a very harmful and depleting drug. To this day, if you presented this information to your doctor they would most likely suggest that you keep taking the drug every day. Adderall is prescribed in 5 mg, up to 20 mg and amounts vary depending on the severity of the ADD or ADHD. Since Adderall stimulates your brain it is easy to become dependent upon this drug. â€Å"Adderall is basically a cocktail of various amphetamine stimulants and is often referred to as â€Å"prescription speed†. Because it is similar in makeup to illegal methamphetamines, it is highly addictive (Adams). †Over time like any other drug your body will build a resistance to it, making it necessary to either up your dosage or take it more often. This process is the stairway through which progression and can be horrifying to a erson who is prescribed Adderall and becomes dependent on the drug to be able to focus and retain information. On the other hand, Adderall is used by many people throughout the world and is a very useful and helpful drug to those who need it. ADD and ADHD are hyperactive disorders that make it nearly impossible to focus and pay attention in a school/university environment. In this case Adderall is a savior to most people and if used without abuse it can be controlled to a healthy, moderate amount. Adderall allows the user to become more focused, be calm, and suppresses activities that would otherwise hinder one’s ability to study. Necessities like drinking, eating, and sleeping are some of these activities that are overlooked once under the influence of Adderall. Depression is an area where Adderall is very effective as it increases activity in your frontal lobe, which increases brain activity and overall cognition. Working out on Adderall can be a fatal and very damaging thing to do to your body. It is a stimulant, which by definition induces temporary improvements in either mental or physical function. Stimulants slow your heart and increase brain function by a substantial amount. Since your heart has to increase its beats per minute when working out to get enough oxygen to your body, your heart can become strained and cause a heart attack, heart palpitations or sudden death if not preformed cautiously. The deeper I look into the side effects of this drug the more potentially fatal issues I discover. Overall this drug seems to be very dangerous but extremely beneficial to those who need it and can use it effectively without abusing it.

Advantages Of A Sole Proprietorship Business Essay

Advantages Of A Sole Proprietorship Business Essay According to Investor words .com, macro environment is the external elements that exist outside of a companys control that can significantly impact its performance and ability to compete in its marketplace. Examples of macro environment elements are the economy, government policy-making, technology, social conditions, and nature. For companies with a global foot-print, their exposure to macro environment elements is magnified. In other hand, according to Business Dictionary, macro environment is The major external and uncontrollable factors that influence an organizations decision making, and affect its performance and strategies. These factors include the economic factors; demographics; legal, political, and social conditions; technological changes; and forces. Specific examples of macro environment influences include competitors, changes in interest rates, changes in cultural tastes, disastrous weather, or government regulations. Body A business and its forces in its micro environment operate in larger macro environment of forces that shape opportunities and pose threats to the business. It refers the major external and uncontrollable factors that influence an organizations decision making, and affect its performance and strategies. These factors are Economic Factors The most important external economic influence on a business is the level of competitiveness in its market. This factor determines how much profit a company can make. Other factors, like consumer demand, tax rates and interest rates, affect businesses by determining how much people are willing to pay for their products and how much of the resultant revenue must be given to the government. Social Factors Social factors determine what a business can and cannot do. Businesses that engage in racist marketing campaigns or abuse their employees may be subjected to boycotts, divestment campaigns, and other devastating forms of social backlash. Thus, social mores determine the informal rules that businesses must play by. Legal Factors Laws determine the formal rules that businesses have to play by. Business laws deal with competition: for example, no monopolies; employment: minimum wage; and taxation; among other things. Businesses that form illegal monopolies, for example, may be subjected to lawsuits and broken up into smaller businesses. Because the penalties for corporate malfeasance are so severe, most businesses take the law very serious. Political Factors Political issues occasionally come to influence the activities of the business community. Corporations often spend many billions of dollars lobbying to influence political decision makers for this reason. Businesses may get involved in politics, for example, when their international operations come under fire from human rights groups, or when a high-profile politician recommends an increase in corporate taxes. Environmental Factors Environmental factors have profound effects on the way businesses operate. The availability of natural resources in a given area determines whether resource companies could profit from operating there. The presence of pollution determines whether it is safe for businesses to put employees in a certain area. Environmental laws regulate the extent to which businesses themselves are able to pollute. Conclusion Macro is large and environment is world. Marco environment is large number of force which operates. Macro environment is very important to the economy factors because the level strongly wanting to be more successful than other people.Sosial factors is what to make something develop in a particular way or be of a particular type in business. When we involve in macro environment, we should follow the law of .Dont try in legal factor as well. Politics issue is happening or done from time to time to make business more interesting. Last but no list, environmental factors is showing great knowledge or understanding the way make business operate. Introduction Sole Proprietorship A sole proprietorship is the simplest and most common structure chosen to start a business. It is an unincorporated business owned and run by one individual with no distinction between the business and you, the owner. You are entitled to all profits and are responsible for all your businesss debts, losses and liabilities. Partnership A partnership is a single business where two or more people share ownership. Each partner contributes to all aspects of the business, including money, property, labour or skill. In return, each partner shares in the profits and losses of the business. Because partnerships entail more than one person in the decision-making process, its important to discuss a wide variety of issues up front and develop a legal partnership agreement. This agreement should document how future business decisions will be made, including how the partners will divide profits, resolve disputes, change ownership (bring in new partners or buy out current partners) and how to dissolve the partnership. Although partnership agreements are not legally required, they are strongly recommended and it is considered extremely risky to operate without one. Body Sole Proprietorship Forming a Sole Proprietorship You do not have to take any formal action to form a sole proprietorship. As long as you are the only owner, this status automatically comes from your business activities. In fact, you may already own one without knowing it. If you are a freelance writer, for example, you are a sole proprietor. But like all businesses, you need to obtain the necessary licenses and permits. Regulations vary by industry, state and locality. Use the Licensing Permits tool to find a listing of federal, state and local permits, licenses and registrations youll need to run a business. If you choose to operate under a name different than your own, you will most likely have to file a  fictitious name  (also known as an assumed name, trade name, or DBA name, short for doing business as). You must choose an original name; it cannot already be claimed by another business. Advantages of a Sole Proprietorship Easy and inexpensive to form: A sole proprietorship is the simplest and least expensive business structure to establish. Costs are minimal, with legal costs limited to obtaining the necessary license or permits. Complete control. Because you are the sole owner of the business, you have complete control over all decisions. You arent required to consult with anyone else when you need to make decisions or want to make changes.   Easy tax preparation. Your business is not taxed separately, so its easy to fulfil the tax reporting requirements for a sole proprietorship. The tax rates are also the lowest of the business structures. Partnership Types of Partnerships  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   There are three general types of partnership arrangements: General Partnerships  assume that profits, liability and management duties are divided equally among partners. If you opt for an unequal distribution, the percentages assigned to each partner must be documented in the partnership agreement. Limited Partnerships  (also known as a partnership with limited liability) are more complex than general partnerships. Limited partnerships allow partners to have limited liability as well as limited input with management decisions. These limits depend on the extent of each partners investment percentage. Limited partnerships are attractive to investors of short-term projects. Joint Ventures  act as general partnership, but for only a limited period of time or for a single project. Partners in a joint venture can be recognized as an ongoing partnership if they continue the venture, but they must file as such. Advantages of a Partnership Easy and Inexpensive.  Partnerships are generally an inexpensive and easily formed business structure. The majority of time spent starting a partnership often focuses on developing the partnership agreement. Shared Financial Commitment.  In a partnership, each partner is equally invested in the success of the business. Partnerships have the advantage of pooling resources to obtain capital. This could be beneficial in terms of securing credit, or by simply doubling your seed money. Complementary Skills.  A good partnership should reap the benefits of being able to utilize the strengths, resources and expertise of each partner. Partnership Incentives for Employees.  Partnerships have an employment advantage over other entities if they offer employees the opportunity to become a partner. Partnership incentives often attract highly motivated and qualified employees. Conclusion Choosing a sole proprietorship to start your business is a relatively simple process. In fact, you elect this business set up by default if you prefer not to go through a more formal set up with an LLC or corporation. A sole proprietorship has no formal paperwork requirements unless you have to file for state or local business registration or professional licensing. The fact that a sole proprietorship is the simplest way to go into business has great appeal for many entrepreneurs. If you want to start a small one-man repair shop, writing business or lawn care service, the thought of going through tedious paperwork filing and keeping up with documentation requirements may not seem appealing. By opting for a sole proprietor setup, you simply start your company, promote it, do the work, and collect the money.

Business Description of Ben & Jerrys Essay -- essays research papers

Executive Summary   Ã‚  Ã‚  Ã‚  Ã‚  Ben and Jerrys is a successful ice cream company with many strengths and weaknesses. The company faces serious competition, financial struggles, economic and social influences, all of which are covered in my paper. I also discussed some recommendations I have for the companies success. Ben and Jerry’s is one of the top ice cream companies around. They have had many ups and downs throughout the history of the company, but overall, they have overcome most of their hardships. They have some serious competition facing them in the ice cream industry; they have faced financial struggles, internal issues, and some social and economic factors. In conclusion, I have come up with a few recommendations for the company to possibly improve things in the future. Haagen Dazs is currently the main competitor in the concentrated market place for super premium ice cream. Substitutes are however available. There are other ice creams not in the â€Å"super premium† category. To an extent, these are the real competition. However, for the market B&J caters for, their strategies should not have a great impact on B&J. The frozen yogurt lines which B&J now provides, also has a number of direct competitors to deal with. Dealing with other substitutes is not that simple. Expensive (or inexpensive) chocolate, cakes, croissants and other desserts are realistic options for consumers. Other companies are going to try to assure you that their product is the perfect accompaniment to any meal. B&J needs to be aware of this. How he/she makes the choice for ice cream (as opposed to chocolate, etc.), then super premium (as opposed to premium or ordinary) and finally B&J (as opposed to Haagen Dazs etc.) is imperative. The possibility of new competition in the market place is limited by two major problems, the brand and distribution. Remembering that these are higher market consumers, where by cheap alternatives are not necessarily desired, then the key element is the brand. This brand and the image that comes along with it, are something currently only Haagan Dazs and B&J have. This emotional tie related to B&J’s and everything it possesses beyond what it is in itself (a good tasting ice cream), is something that will be difficult to imitate. It is a question of â€Å"I wouldn’t be seen dead eating another ice cream† as o... ...r Ben & Jerry Strengths Ben & Jerry have an established and recognized brand name. They have a relaxed, loyal and casual workforce. Good public and social image due to their principles in social awareness. Wide variety of flavors in ice cream for customers. Weaknesses Ben & Jerry have a limited target market. The suppliers and distributors (such as Dreyers) have high bargaining power, which   Ã‚  Ã‚  Ã‚  Ã‚  allows them to raise their prices when they like. They have concentrated more on donating their money to charities therefore neglecting upcoming changes in trends. Declining market share. Slow development of new products. Opportunities Ben & Jerry should seek to globalize their product to compete effectively. Change their current suppliers and distributors, which might enable them to be more cost effective Threats Threat of substitutes Economical changes such as in inflation or consumer spending Social changes within the consumer market such as health conscience attitudes. Bibliography Ben and Jerrys Company Information, 2000. Woody Jackson. 1 May 2000 Haagen Dazs, 2000. 1 May 2000

William Goldings Animal Farm :: William Golding Animal Farm Essays

William Golding's Animal Farm On the first page of the book there is immediately a link to the adult world and the civilization that has been adapted there. There is a reference to the "Home Counties". This shows that already, the writer is telling the reader of the links that may be made throughout the book about the adult world and its comparisons to the life in the jungle. Societies operate in many different ways and there are many factors that influence this fact. In the book Golding tries to highlight what these factors are and how they cause disruption and peace within a society. By approaching this from different angles the reader is able to get a better outline of what Golding is trying to represent and can therefore fully appreciate the wonders of his writings. One of the angles that he approaches the way societies operate from is by using the leader as an example. Throughout the duration of the book there is a feeling of complete rivalry as the two main contenders 'fight' for the right to be the leader of all other boys on the island. Jack and Ralph are constantly attempting to better one anther but in ways that only they can fulfill. In the first chapter of the book the reader sees a very democratic system employed by the boys. This is to elect a leader and therefore a fair vote is counted. Despite this being the fairest possible way of concluding a leader Jack is not at all happy with the outcome. "and the freckles on Jack's face disappeared under a blush of mortification". This shows that Jack expected to be elected as the chief of the group. As Ralph could see that that Jack was upset by the outcome of this election he immediately offered Jack the control of the choir. In foresight this could be one of the worst things that was accidentally and un-intentionally done by Ralph. This is because there is an instantaneous division of the two groups, which later on destroy all form of civilization that has been built. From this initial decision to elect Ralph as the leader there is a bitter rivalry built up between him and Jack Merridew, leader of the choir/hunters. The main reason for this is Jack's jealousy overcoming him. He does not realize that his authority in the adult world does not necessarily transfer onto the island where normal rules do not apply and it is just a matter of survival. Because of this contention between Ralph and Jack matters start to become worse and the whole fiasco spirals out of

Macroeconomic Issue Paper Essay

Financial crisis has changed our vision of the future. We are scared by the growing unemployment rates and are not confident whether tomorrow economy will bring any positive changes. Non-economists use unemployment rates to determine, how well international and the U. S. economy performs; in simple terms, the growing unemployment rates suggest that we are at the edge of the deepening economic recession. Many of us keep to a misleading opinion that the growing unemployment is the direct result of the current financial collapse. In its recent article, the Economist (2008) sheds the light onto the major unemployment controversies that also impact real GDP, consumption, and speed up the development of the credit crisis spiral. Macroeconomics of the growing unemployment in the U. S. The Economist (2008) provides the detailed review of statistics and economic implications of the growing unemployment in the U. S. â€Å"On Friday November 7th he [Barack Obama] got the news that unemployment had shot up to a 14-year high of 6. 5% in October and non-farm employment had plunged by 240,000 from September† (The Economist, 2008). The figures are threatening, but despite the persistent opinion that the current financial crisis is the direct cause of unemployment, the Economist (2008) suggests that â€Å"whereas it had been thought that the financial crisis pushed a teetering economy over the edge, it now looks like the crisis kicked an economy that was already down†. In other words, unemployment rates had been gradually rising even before the notorious bankruptcy of Lehman Brothers. What makes current unemployment different from all previous crises is that those losing their jobs do not leave labor force as quickly as they used to; â€Å"that may be because losses on retirement savings and homes have deprived many of the option of sitting out of the workforce for a spell† (The Economist, 2008). In any case, the growing unemployment may threaten the stability of the U. S. economy in short- and long-run, and macroeconomic consequences of the growing employment instability may slow down the process of economic recovery in the United States. From the macroeconomic viewpoint, â€Å"a person who is able and willing to work yet is unable to find a paying job is considered unemployed. The unemployment rate is the number of unemployed workers divided by the total civilian labor force, which includes both employed and unemployed and those with jobs (all those willing and able to work for pay) – (Layard, 2005). Although the majority of the U. S. population tends to evaluate the quality of national economic performance through the prism of the changing unemployment rates, these rates are notoriously difficult to measure. As a result, we frequently lack objective view of the way unemployment impacts our economic achievements. Unemployment tends to produce irreversible macroeconomic effects and requires that state authorities and financial institutions develop sound macroeconomic policies, to minimize and prevent the long-term consequences of the deepening economic recession. In general terms, poverty, crime, and healthcare issues are the three direct consequences of the growing unemployment. In terms of economics, unemployment severely impacts purchasing activity and leads to long-term real GDP decrease. Under the growing unemployment pressures, we are unlikely to use all available financial and non-financial resources to the fullest. â€Å"Much unemployment – called deficient-demand or cyclical unemployment – thus represents a profound form of inefficiency, sometimes called Keynesian inefficiency† (Layard, 2005). The results of profound statistical analysis imply that we have not yet hit the bottom of the economic crisis (The Economist, 2008); simultaneously, it is very probable that statistical figures are at least distorted and do not form an objective and realistic vision of what processes are currently taking place in the national economy. The problem is not in that the United States is going to become the largest international source of potential job-seekers. The problem is in that the United States cannot produce relevant and reliable statistical figures that would help address the growing unemployment rates before they hit the record. Macroeconomics lacks one single universal method for measuring unemployment rates. The U. S. Bureau of Labor Statistics counts employment and unemployment on the basis of the weekly survey; â€Å"people are considered employed if they did any work at all for pay or profit during the survey week† (Layard, 2005). As a result, the BLS does not account full-time students and prisoners as employed. Furthermore, those who are jobless but are actively involved into job search are also considered as unemployed. Economic professionals seem to omit the whole population layer, including students, retired, and people with mental and physical disabilities – according to BLS these people are neither employed, nor unemployed. When we hear that unemployment rates have reached 6. 5%, what does that mean? Does that mean that 6. 5% of the American population is no longer willing to work? Does that mean that 6. 5% of population is actively looking for new jobs? Does that mean that 6. 5 percent of the U. S. population is likely to remain unemployed in the long-term period? Statistical research does not provide the answers to these questions. That is why it is very probable that the Economist (2008) operates unreliable measurements and risks distorting the real picture of the American labor market. Macroeconomics lacks agreement as for the causes and the consequences of unemployment. When the Economist (2008) implies that we are facing the challenges of cyclical unemployment, the real causes of unemployment may vary. According to Keynesian theory, â€Å"the main causes of unemployment result from insufficient effective demand for goods and economy† (Layard, 2005). Some economists are confident that the current economic crisis can hardly be the direct cause of the growing unemployment, and that structural unemployment does not threaten economic stability. From the viewpoint of classical macroeconomics, minimum wages and taxes may severely change the balance of forces in the U. S. labor markets. Regardless the exact cause of unemployment in the U. S. , non-economic population lacks relevant instruments that would help re-interpret statistics. We are used to the thought that statistical analysis is the source of reliable and unbiased information and that statistics may open the gateway to understanding the real causes and economic implications of the current financial difficulties; yet, the time has come when the methodology and analytical instruments behind statistics need to be reconsidered. I am confident that while statistical unemployment may cross all reasonable boundaries, the real picture of unemployment may be completely different. Certainly, thousands of people are being laid off and drown in the unemployment pool against their will, but the existing methods of economic and statistical analysis must also be refined; otherwise the coming years are unlikely to being economic relief to the American labor markets. Conclusion Statistical research suggests that the rates of unemployment in the U. S. have reached unbelievable 6. 5%. The Economist (2008) writes that the current financial crisis may not necessarily be the direct cause of the current unemployment shakes. Regardless the specific causes and consequences of unemployment in the U. S. , the national economy lacks relevant economic instruments that could be used to measure statistical variations in labor markets. Macroeconomic theorists lack unanimous agreement on the way unemployment should be defined and measured. The time has come when the major macroeconomic indicators and the means of measuring them should be refined. Non-economists are misled by inaccurate statistical data that causes panics in the labor markets. Unless we are able to evaluate the full labor market potential, and until we are confident that the results of the statistical analysis are at least close to reality, we will not be able to develop reasonable macroeconomic policies, and will fail to protect national economy from the deepening crisis. References Layard, R. (2005). Unemployment: macroeconomic performance and the labor market. Oxford University Press. The Economist. (2008). A painful job to do. November 7th. Retrieved November 18, 2008 from http://www. economist. com/research/articlesBySubject/displaystory. cfm? subjectid=348876&story_id=12583077

Analysis of “Why I Love My Strict Chineses Mom” Essay

The correct way of raising a child? Sophia Chua-Rubenfeld’s essay â€Å"Why I love my strict Chinese mom† is a response to the all the negative feedback her mother had gotten for her essay â€Å"Why Chinese Mothers are Superior†. The intention of this essay is to persuade and inform the reader of why Amy Chua raised her daughter Sophia the correct way. Chua-Rubenfeld’s first argument is that the critics (the outsider) have no clue of what the Chua-Rubenfeld family is like (p. 2, l. 21). The fact that Chua-Rubenfeld is stating that â€Å"you don’t know what you’re talking about, because you don’t know me and/or my family† makes this a classical argument, which in reality is no valid argument. However, her main claim throughout the essay is supported by a strong warrant and ground. Chua-Rubenfeld’s main claim is that Amy Chua’s strict parenting forced her to be more independent and act as an adult. The way her mother did this was by pushing her daughte r to become more successful. Chua-Rubenfeld’s mother taught her that creativity takes effort, which in this case is used as Chua-Rubenfeld’s warrant: One should always work hard and push one’s self to the limit. And according to Chua-Rubenfeld this applies to everyone independent of one’s goals in life. Only by forcing body and mind one can truly achieve anything. Chua-Rubenfeld’s ground is very much connected to her claim and warrant, because she can see how her mother’s upbringing of her has made her independent, and has made her pursue knowledge. This is why Chua-Rubenfeld calls her mother â€Å"Tiger-mom†. The tiger symbolizes a fierce and brave person and the animal itself has a very high status. These are qualities that Sophia Chua-Rubenfeld appreciates, and thanks her mother for having. The Chua-Rubenfeld way of upbringing a child appears to be completely different from what experts believe is the correct way. In Kate Lovey’s article â€Å"Let them eat pizza: Parenting guru’s recipe for bringing up children† the reader is introduced to a different opinion. A parenting guru Dr Bryan Caplan claims that children’s lives are â€Å"shaped mostly by their genes and their own choices.† (p. 5, l. 18). This article is characterized by its great use of argumentative features. Dr Bryan Caplan bases his arguments on biological research and scientifically proved facts. The appeal form used is ethos, since the reader trusts the doctor because he has a certain authority. However, the arguments that he uses do unfortunately not  appear convincing, because he only bases his ground on quantitative data. It is possible to convince someone with statistical material but it involves using an amount of qualitative data, as it explains why statistics tell us what they do. The two previous articles may seem each other’s opposites, concerning the ways of raising a child. In A. S. Neill’s article â€Å"Summerhill – a radical approach to child rearing† he introduces another way of upbringing a child where he focuses on education. He clearly states that the important part of educating is helping the child in becoming better at what the child is good at. He supports his claim by using a lot of topological features. In the beginning of the article he incorporates a story about Nijinsky to demonstrate his point: The world will not develop geniuses if it does not spot and utilize the child’s talent. By incorporating a famous ballet dancer he engages the reader because the reader can hardly disagree on what Neill is saying. The reader is also engaged because education is such an important thing. Through the education one is developed. Therefore it is essential that the educational system is properly functioning. It is important to remember the function of our educational system. The future of the world depends on the teachers and the pupils, and education should prepare the children for the world. But there is a fine line between preparing and dictating. The society does not only need lawyers, doctors, and other jobs associated with high status. It is dependent on and needs cleaning ladies, police officers, engineers as well as an y other jobs. Therefore, in order to provide the world with smart and skilled people the educational system should develop the child’s natural talent and interests. This is also applicable when talking about the upbringing of a child. For example some kids may naturally be better at sport and the parent should thus reward and encourage the child. However, there is something called general education which should be incorporated in the learning process, because the child will probably have some difficulties in the modern society if this is ignored. Furthermore, it is necessary to teach the child how to behave in certain situations and also in general. But a lot of the upbringing of a child depends on the cultural background. Different cultures have different ways of raising children. Depending on the culture the values in the upbringing of a child may vary extremely. However, the parent should acknowledge that we live in a globalized world where the child will meet  different cultures. Ther efore the parent should prepare the child for an open mind.

Personal life Essay

Dance; a body of expression, a medium of communication, happiness and love. Dance is my passion. I am a trained Bharata Natyam dancer. I am proud to be an Indian because of its rich culture and heritage. In Bharata Natyam Bha i. e Bhaava (expression), Ra i. e Ragha (rhythm) and Ta i. e Taal (beat) are the basic components of a dance. There are seven different classical dance forms in india – Bharata Natyam, Kuchipudi, Kathakali, Odissi, Mohiniattam, Manipuri and Kathak. I am blessed to be a part of this culture. It is my mother who developed this art in me. I have also learnt other dance forms such as Western and Folk. It is through dance that I find inner peace and true happiness. This art form gave me beautiful opportunities. I have represented my country in Dubai, France and Finland International festivals. Being a part of these festivals made me realize even if we have language barrier the language of dance bridged the gap between us. I’ve explored many cultures, their way of living, their way of life through this art. Dance needs no interpretation. Dance is also one of the strongest medium to pass a message. I believe one must use this art for a good cause. Famous dancers such as Hema Malini, Helen, Vayjantimala, Shri Gopal Krishna, Smt Rukhmani Devi, Shri Birju Maharaj are respected for their contribution. Dance taught me to correct myself. It has developed in me the ability of working towards excellence. I’ve acquired certain skills from this art which I believe are my competencies as a manger such as confidence, self-presentation, and an ability to cope with criticism and learn from it. As a performer I have an open mind and the ability to move beyond boundaries and experiment with different ideas. Every human being has a purpose for his existence. I believe my purpose is to spread love and happiness and do my bit for the society. I wish to make my parents proud. I wish to make this world a better place in my own little way. I wish to stay in your hearts forever!!

Using either Marxist or gender literary theory, write an Essay - 1

Using either Marxist or gender literary theory, write an interpretation of Hairstyles of the Damned - Essay Example This paper will assess how the Marxist theory can be applied to this theory and how it can be used to present the difficulties and events that happened with Brian; the main character. The story is a well written novel which talks about many aspects of Brian’s life. It shows the difficulties and tough decisions that Brian takes while growing up. He is an introspective boy who thinks a lot but isn’t able to express himself. The novel talks about his love, best friend, his history project, and all his other activities that have led him to face problems. The first part of the book greatly talks about the time when Brian enters the Catholic School and is surrounded by a number of people from different backgrounds. The major difference is that Brian is into metal while his best friend, who he also loves named Gretchen, is into punk (Meno 3). However throughout the book he is trying to make his identity and adjust in high school. In the first part of the book there are various characters introduced with their backgrounds and how Brian interacts with them. This can be interpreted with the relevance to Marxist’s theory as it describes the materialistic view of the societal development. He outlined that the societal relations are formed on the basis of materialism and economic activity in which every individual is involved (Meno 5). The first part of this novel reflects how Brian interacts with different children of different backgrounds but most of them belong to families where parents are divorced, on the verge of being divorced, or widowed. Even Brian’s parents are about to get divorced as many hints are given throughout the novel. Moreover, Brian belongs to a working class family because of which he has seen a lot of struggle and difficulties throughout his childhood. Hence, those problems greatly affect the way he interacts with his friends, his introspective nature, and his wrong decisions a s just a student of high school (McKendry 1). The