Saturday, August 31, 2019

Critical Thinking and Ethics Essay

Critical thinking entails the ability to think clearly and rationally. The reason is that even though the conclusion may seem logical every individual has different ethics. For instance, if an individual needs a job in order to acquire money quickly, then it makes sense to do is needed to make the most money the quickest. Let us say the logical job would be to obtain and sell scrap copper because the one can make a large amount of money in a little amount of time. While another individual may say this is a logical way to make money quickly, ethically it is wrong. Critical thinking is one’s form of judgment that has a particular purpose and reflective judgment. When individuals use critical thinking, one reaches a decision or solves an issue. Reaching this conclusion and judging what to believe or what to do in a thoughtful way. Critical thinking is a tool that individuals can use to evaluate incoming information. Critical thinking is being able to learn new material with an open mind and having a heightened level of self-awareness of our biases and how our biases impact the analysis of information. Business ethics are very important when solving moral problems in a business is concerned. I do believe critical thinking can be at odds with moral decision making. One should be good simply because only what is good is to be done. Being good often brings a reward in a way or the other but it is not always the case. This is why sets of rules known as ethics have been created. Critical thinking entails the ability to think clearly and rationally.

Friday, August 30, 2019

Ethical Issues and Problems in Business and the Corporate World: Sexual Harassment Essay

Strike, Inc. is a well known company in the field of Information Technology (IT). It has been the main and primary producer of educational software and business operational progress like database filing, computerized payroll system, and hardware designed swipe machine and bar code system. Jeffrey Jacobs, the manager, has been working for the company for almost 25 years. His expertise in system application and development made him the best and the most competent in the managerial position. He is aggressive and hardworking but at times unpredictable and bossy. His personal attachment and close professional interaction with female employees of the company have been noticed by many. One day, Bernadette Ryan, the head of the system developers, went to Jeffrey’s office for product consultation. The meeting went on and Jeffrey’s comment about the new project is its marketability and user-friendly functionality. Bernadette, on the other hand, continued to explain the advantages of the system when Jeffrey stood up and approached the door. She just continued discussing the features of the new system being developed. Without her knowing it Jeffrey suddenly appeared at her back, sort of listening to her discussion. Jeffrey started to make sleek moves; he intentionally put his hands, touched and sort of massaged Bernadette’s shoulders. Bernadette was surprised about the actions of her boss. She stood up and said, â€Å"I’d rather go. † As she was walking her way out of the room, Jeffrey got hold of her arms and said, â€Å"I know you like what I’m doing. Come on, try me! † Bernadette felt that she was being harassed and exclaimed, â€Å"Stop or I’ll scream!  This is sexual harassment! † Jeffrey felt more aggressive and told Bernadette that being the manager, he has the right to be the boss and handle his subordinates his own way. Jeffrey further imposed that if she would not submit herself to his personal aggression, he would tell other employees about the incident. Moreover, he would definitely fire her and tell everyone that it was Bernadette who did the first move of flirting. Bernadette was shocked. She ran out of the door to get out of Jeffrey’s malicious and questionable disposition.

Thursday, August 29, 2019

Motion in inferno

The entrance into the second circle of hell marks a descent, a motion downwards, and this type of action is significant both in this fifth canto and throughout the whole of Dante’s Inferno. The theme of motion is dominant in this episode through the use of the winds and rains. It also comes out in other subtler motions that intertwine with the shades and the sins that brought them to this their eternal home.The motions involved here are very frictional. They tell of coming and going, as well as of the conflict between the two. These motions depict a large amount of antagonism, yet they also tell of passivity and subjugation. They underline the posture of the persons involved as well as accentuate their roles in the epic. The motions evident in the poem also give insight into the nature of the hell being depicted. Much can be understood about the degree of the souls’ torment by the types of motion to which they are subjected.The motions of Minos make him out to be a wiel der, and this gives him an air of being in charge. He wields his tail, and with that authority. He â€Å"girdles† and â€Å"entwines† himself, and this motion is symbolic of the extent to which those sent to him will be bound and tormented in hell (Alighieri, 15). It is interesting that the degree of hell itself is depicted itself by a girdling, as each degree entwines a more horrifying one. This shows a unity of action between the motions of Minos and the nature of hell itself.The spirits â€Å"come there before him† (15) and their movement toward him takes place in a manner of subjection. They are at his mercy, just as they will be at the mercy of the events of the hell to which his motion will whisk them. One almost gets from it the idea of the spirits’ genuflection before an elevated Minos. He sends, and that idea depicts a motion away from himself; but it also demonstrates mastery, as the souls who go away from him do so at his bidding. Then, the mot ion with which he sends them is akin to the manner in which they are taken. They are whirled away to the place of their doom.Motions of coming and going occur regularly in this place of gale forces. The motion of the winds is demonstrated by a coming and going. The motion from one circle of hell to the next dooms that spirit to spend eternity in a much more horrifying place. What is more is that each frictional motion to and fro, each coming or going, often happens in fast succession one upon the other, so that it almost seems that they occur at once.The spirits are forced into this frenzied motion by the winds: â€Å"hither, thither, down, up it carries them† (15). This motion echoes their plight. They are forced to come to this place, though in the same instant that they must come, their will is to go. This oscillating motion is indicative of the fact that decision is not granted those who have been condemned to hell. Hell is a place that commands, and all who go there must heed its every whim. There is also nothing inherently rational about that place, or at least its orders are not bound to be so. The vacillation of the winds shows that caprices of punishment are to be expected. Yet all will be punishment.Ideas of combat and battles are expressed by the motion in the passage. Warfare and all that is connected with such an event is present in the episode’s movements. Looting and plundering are involved in these events. The place is described as moving â€Å"as the sea does in a tempest, if it be combated by opposing winds† (15). The winds arise again in this image, but this time their motion creates an atmosphere of battle. This place is one of fighting, where the event smites and molests the â€Å"spirits in its rapine† (15).The whole atmosphere is described as a restless hurricane that pummels the souls that come within its domain. It rushes and blasts them, so that its very motion is of a type that harms and invites (impossibl e) retaliation. The only record of the souls’ giving back damage is in their lamentation, which smites the speaker as he comes near them. Though it is a battle, it is one that is already won for hell. Its pounding motions perpetrate upon its prisoners a torment that grants them no repose.Another motion that depicts the nature of hell is its ability to impose its will upon the damned souls. This ties in with the ideas that have gone before: the souls are often being carried and led. The shades are borne along by strife (15), and their motion in the air forms that of a long line, as the captives are being led in the train of death and damnation. This subjugation to the will of the forces of darkness mirror the subjection these souls once had to their own evil lusts.They are described as having been â€Å"called by desire† (16); called, not just in the sense of a foreign summoning but in the necessity they feel to move toward the source of the calling. These souls find th emselves in hell because of influences upon their actions that have caused their motions toward things. It depicts a resignation to forces that cause actions that in turn lead to the peril of the damned, on whose part passivity (the lack of autonomous motion) is implied.This idea is extended in the stories of those whose love was the precipitant of their doom; it, in effect, was the catalyst of their motion toward hell. This love led them, and they in their passivity allowed themselves to be led. In fact, when the speaker addresses one of the souls described as being in motion â€Å"through the lurid air† (16), the same soul is described as â€Å"benign,† and this gives an idea of stillness and passivity that hints that the energy for its motion is generated by an outside source.Love is a slave-driver to all of them, continually making them move toward things they otherwise might not have chosen. Some even killed themselves for love, and this signifies a motion toward death that ushered their entrance into hell. Strangely, Achilles was somehow able to deviate slightly from this trend. He, after being ruled by love for so long, makes a motion toward self-government and fights with love. There is no evidence of his triumph, however, as he remains one of the captives of hell.In order to allow the lover Francesca to tell her story, the motions of the winds hush and the seas become quiet. A level of calm is depicted in the cessation of the motion of elements even beyond the dominion of hell. The city of the speaker’s birth rests its weight upon the seashore, and this motion effects the stillness of the waves. The river Po is seen as descending in order to have peace, so it too moves from motion to stillness. Prior to this, a quasi-invocation to the â€Å"King of the universe† (16) was given by the speaker for Francesca’s peace.Its effect is this stillness that would allow her to speak of happier times, and grant her at least a res pite, if not complete relief. This seems to point toward a purgatorial notion of hell, where the living can pray to God for the succour of the damned. It implies that the motions of hell that grant agony to the spirits can be shielded by a divine Hand, further implying that hell itself is driven by an even greater power than itself.It is evident that the images of motion in the fifth canto of Dante’s Inferno create a dynamic theme that moves the reader along from the entrance to the portal through to the other dimensions of hell. The motions are indicative of the authority of hell over the souls that are quartered there. Ideas of abasement are dominant in the souls’ lack of autonomy, in their compulsion to do the will of the forces that surround them.Their spirits are flung upon winds, just as in life their wills were navigated by their desires. Other motions tell of a hell as a battlefield of lost causes, as the spirits are doomed, regardless of any desire they might have to fight. The nature of hell is to subdue and to punish, and its motions are ministrants of power that deals out anguish.

International Human Resource Management - cultural management and Essay

International Human Resource Management - cultural management and diversity - Essay Example Research Topic The research topic that has been proposed by the author is "the importance of culture in the practice of international human resources management in the hospitality industry." This research will be carried out in the following manner. The author will first gain an in-depth understanding of the culture and the role it plays in any organisation. Next the author will study the practice of international human resources management in the hospitality industry. Finally the author will then study the impact of culture in international human resources management in the hospitality industry. Resources In this section the author will give a detailed description of all the different resources that she believes she would need to carry out the stated research study. In order to carry out this research the author will need access to an online library or for the secondary data that would be necessary for the literature review. Access to many different organisations in the hospitality industry. Since the author would like to be very specific in this study, the author will study four different international hotel chains such as The Sheraton hotels, The Hilton hotels, The Westin hotels and The Royal York Hotels. Ability to interview and survey mid level managers in the local and international locations of the named hotel chains. Ability to interview and survey human resources personnel in the local and international locations of the named hotel chains. Access to sufficient numbers of employees at human resources and mid level management in the hotels to the extent that the sample group will be demographically representative of the wider population. Resources such as stationary, availability to long distance phone services, email. Adequate time to carry...Research objectives are important because they will help keep the research on track and the author can use the set objectives and their achievement as a yardstick to measure the success of the research study To understand the best possible methods that can be employed by the management and the human resources personnel in an organisation and to make recommendations, suggestions and a framework of best practices that can be used in the organisation. Access to many different organisations in the hospitality industry. Since the author would like to be very specific in this study, the author will study four different international hotel chains such as The Sheraton hotels, The Hilton hotels, The Westin hotels and The Royal York Hotels. According to Porter's cultural determinants model, international organisations will be well off if they understand the social structure, religion, language, political philosophy, economic philosophy and education levels of the employees that they manage. The type of social structure that is seen consistently in a county or a region is very important to a business organization. This is because some social structures give priority to individualism, while others give priority to groups.

Wednesday, August 28, 2019

Managing change at Bingham Business College Essay

Managing change at Bingham Business College - Essay Example The paper tells that in recent years, organizations have experienced increased need for change in order to remain relevant and be successful. The inevitability of change in organizations has been brought about by several factors key among them; competition, technological advancements, new innovations, and increased customers and public expectations. As a result, managers have been forced to initiate and implement change in the organizations to meet the new organizational challenges that are emerging. Forest argues that in as a much as managers understand the importance of introducing and implementing change, they are often unsuccessful in managing change. Most change processes do not achieve their intended purpose; sometimes change has more adverse effects to the company. Managing change in organizations often present managers with challenges that if not well addressed may lead to unintended consequences of change. Learning Organization framework is a critical tool that can be used t o identify and analyze problems and challenges that managers face in while implementing change within the organization, both in the short and long term. According to Senge, learning organization is defined as the organization where individuals continually expand and enhance their capacity in order to create their desired results, where expansive and new thinking patterns are nurtured, where aspirations are set free collectively, and where individuals are learning continually to see the whole together. Learning organizations are characterized by full involvement of employee in a collectively conducted process, and collectively accountable change that is directed towards shared principles or values (Smith and Tosey, 1999, p. 73). It is important to note that learning organization is ideal towards which organizations need to evolve so as to be in a suitable situation to respond to the various challenges and problems that the face at a given time (Finger and Brand, 1999, p. 136). Learni ng organization is a powerful tool for transforming employees and places where they work. It creates room where people can learn from experience, even though it does not usually do so when individuals are learning on behalf of the system (Ellinger, Yang, and Ellinger, 2000, p. 106). Senge (2006, p. 13) explains that Learning Organization framework is made up five major disciplines namely systems thinking, mental models, team learning, shared vision, and personal mastery. These disciplines provide framework in which change management problems can be identified and analysed. Senge (2006, p. 40) identifies systems thinking as one of the concept that underpins Learning Organization. According to him, systems thinking aim at bringing about change and promoting interdependency within the organization in order to achieve organizational goals. Under this concept, the focus is mostly on the whole rather than individual parts. Also, systems thinking concept evaluates the long- term goals vers us short- term benefits. It is based on the belief that better appreciation of systems will lead to more appropriate action (Smith and Tosey, 1999, p. 70). The second concept that underpins Leadership Organization is mental modes that entail generalizations and assumptions deeply ingrained within an organization. Senge (2006, p. 46) argues that there should be

Tuesday, August 27, 2019

Write an article with a right wing and left wing about exclusions and Assignment

Write an article with a right wing and left wing about exclusions and the summer riots - Assignment Example 42% of the students were identified as coming from low income earning families and were eligible for claim the free school meals (FSM), it was also identified that 16% of all the 11-15 students analysed were from high schools as at 2011 January. It was also identified that a proportional that was considerable in number of the 10-17 year that appeared before the courts were categorized under the SEN, the students with needs. The percentage identified was 2two third of the population sampled representing a 66% of students between 10-17 years old. Absence rates were also analysed among the 10-17 year old. The absenteeism rate was high than average as those whose attendance data was available were 9%. The rest lacked attendance data indicating a high level of absenteeism. Statistics on social exclusion were also identified and reported. Incidences were high of the social exclusions among students in the bracket of 10-17 year old. According to the statistics, 36% of the analysed students identified that they had one fixed period social exclusion during the study year of 2009. Another proportion of 6% also identified that it had at least one fixed period of exclusion during 2011. The statistics chosen for the analysis is on free school meals. It is evident that it may be the fault of these students. Another look on it is that students may also be right in rioting. From this point, the various students in these institutions are faced with challenges that the institutions are not able of effectively providing. According to Mrs. Martins a teacher at a local high school â€Å"some of the main issues of concern to the students are the issues to do with unfair treatment of the students, issues culminating from ineffective services by the teachers, poor teaching by the teachers, issues to do with poor services soffered at the various cafeterias†. An aspect like food, which is poorly

Monday, August 26, 2019

Analysis of the 260-day Value at Risk (VAR) of a portfolio of four Assignment

Analysis of the 260-day Value at Risk (VAR) of a portfolio of four shares - Assignment Example It is the level of return comprising of a given probability (usually, 5, 2.3, or 1 percent) of experiencing a return of less than that level. Value-at-Risk was first used in the late 1980’s by major financial firms to measure the risk of their trading portfolios. Since then, Value-at-Risk is widely used quantitative tool to measure market risk. According to Hull (2005), â€Å"VaR answers the question: how much can one lose with X% probability over a pre-set horizon†. More precisely VaR is an amount (say V dollars), where the probability of losing more than V dollars is over some future time interval, T days. Value-at-Risk has become widely used by corporate treasurers, fund managers, financial institutions, brokerage firms and investment funds to gauge their financial risk. In addition, bank regulators use Value-at-Risk in determining how much capital a bank should possess to reflect the market risks it is bearing (ibid). The aim of this project was to implement various VAR methods that consist of Analytic VAR, historical (Bootstrap) VAR and Monte Carlo (MC) VAR simulation as alternative approaches to calculating VAR, by using data from four portfolios namely; Johnson Matthey PLC, Kazakhmys PLC, Rolls-Royce Holdings PLC and Xstrata PLC. These portfolios are listed in the FTSE index, which are among the largest 100 UK companies by full market value. The FTSE index1 is the most widely used of the FTSE Group's indices and is frequently reported on UK news bulletins as a measure of business prosperity, because it represents about 80% companies of the market capitalization of the whole London Stock Exchange. The companies listed in the FTSE index are determined quarterly according to their market capitalization. These companies must meet a number of requirements set out by the FTSE Group, including having a full listing on the London Stock Exchange and meeting certain tests on nationality, free float, and liquidity. In the FTSE, share prices are weight ed by market capitalization, so that the larger companies make more of a difference to the index than smaller companies do. The first company is Johnson Matthey PLC. The company is world renown in refining and distribution of gold, silver, and platinum group metals in 30 countries on six continents. The company is organised in different divisions that includes Precious Metal Products division (the sole marketing arm for Anglo Platinum), Johnson Matthey's Environmental Technologies Catalysts division that produces emission control products, fuel cells, and process catalysts. The company also has Fine Chemicals and Catalysts division that make base and precious metals catalysts and chemicals. Johnson Matthey PLC has an average market capitalization of ? 43.90 billion. The second company under focus is Kazakhmys PLC. Kazakhmys PLC is a company that specializes in copper. It undertakes copper mining, processing, smelting, and refining as well as making of copper cathode and rod products . It is among the top ten copper producers in the world, with an annually production of about 350,000 tons of copper cathode that are used in computers, electric motors, automobiles, and other products. Additionally, Kazakhmys processes and sells by-products such as gold, silver, and zinc. Kazakhmys PLC has

Sunday, August 25, 2019

Anti keylogger techniques Literature review Example | Topics and Well Written Essays - 500 words

Anti keylogger techniques - Literature review Example The recent increase in internet usage means that that the disadvantages of key-loggers outweigh its productive uses. The source amplifies how key-loggers are a serious threat to privacy and security, especially because they are barely discernible against anti-virus and spyware applications. Transient kernel control flow attacks are an innovative group of stealthy kernel-level malware that apply dynamic soft timers to attain considerable work while evading any continual alterations to kernel code or data (Wei, Payne, Giffin, and Pu, 2008). To defend against attacks such as stealthy key logger and a CPU cycle stealer, it is essential to examine the static analysis of the entire kernel. The source affirms that through this, one can identify and catalog all genuine STIR in a database. At run-time, a reference monitor in a reliable virtual machine allows the implementation of recognized and good soft timer interrupt requests and averts implementation of all unidentified STIRs. Schiffman and Kaplan (2014) present new SMM-based malware that usurps USB host controllers to interrupt USB events. System Management Mode (SMM) in x86 can manage physical hardware that the host operating system cannot notice virtually. It is a new class of malware with unbelievable power that helps to transform kernel data structures and trapping on I/O registers to execute PS/2 key loggers. In essence, it helps SMM root kits to manage USB devices straightforwardly without while denying the OS kernel from receiving USB-related hardware interrupts. Schiffman and Kaplan also discuss a proof-of-concept USB key logger, which are harder to identify than previous SMM-based key loggers that are activated by OS actions like port I/O. The source further suggests extra extensions to this technique and processes to avoid and moderate such attacks. Gupta, Sengupta, Bhattacharyya, and Chattrejee (2009) present a user verification

Saturday, August 24, 2019

Entrepreneur interview & personal analysis Essay - 2

Entrepreneur interview & personal analysis - Essay Example There is nothing more wonderful than seeing all your plans taking shape and we are happy at where we are now. Jessica: Our marketing tools were very limited. At first, we thought that the channels were perfectly appropriate for the kind of market, but when we both decided that it was time to grow, we have to find other ways to market our products. Word of mouth is still our number one channel. A happy customer always advertises and makes referrals, so we just had to capitalize on that one. Jessica: Online stores always have wider reach. They can market in other countries; reach a wide array of audiences. It is a one stop shop. It is the best way to showcase our merchandise, especially with the fact that we always have to introduce new designs. And it is the current trend! Who else is not on Facebook and Twitter. This is our market. The age range that we cater to are all into social networking so being an online store is perfect for a small scale business like ours. It gives us the mileage without having to spend a fortune for physical stores in all the right places. Rachel: I agree. We take advantage of the fact that a lot of people are into social networking. But I guess the downside is that it is just not too personal. People talk to the computer for specifications of our products. It takes time for them to get their message across and us to respond. Although of course, we try as much to respond to online queries. It’s just that sometimes, time is an important element. Jessica: I think our personalities complement and blend. We both have individual tasks. One of us takes care of Marketing, and the other one Operations. We have a harmonious working relationship that rubs on to the rest of the stuff. And for me, it’s really fun fun fun to be doing things that you like to do, and with your favorite people in the world, and earning money as well. Jessica: Hermosa is our baby. In the beginning, we just

Friday, August 23, 2019

The Universal Law Formulation Of The Categorical Imperative Essay

The Universal Law Formulation Of The Categorical Imperative - Essay Example â€Å"Act in such a way that you treat humanity, whether in your own person or in the person of any other, never merely as a means to an end, but always at the same time as an end†.This formulation deals with the free will of all persons, which arises from rational action. Thus, if a person’s free will is not rational, then there is no freedom, as freedom is not entirely autonomous. A person’s actions affect others who are around him, and if a person’s free will interferes with the freedom of another person, then that action is not morally acceptable. A master may have a right to his slave. He has the right to own the services of his slave, but if the slave owner feels that he also owns the slave and that the slave is his own property, then he has devalued the slave to a means to an end and not an end in itself. This is morally wrong as it devalues humanity of the other person, in this case, the slave. A person has primarily the perfect duty to preserve hu manity by using it in a manner that is a not a means to an end to themselves or to others. Then, with the imperfect duty, one should always strive to improve their humanity or other’s humanity for the good of all and as long as it does not inhibit the perfect duty.Third, Kant suggests that all rational beings must act as legislative members through their maxim, in the universal kingdom of ends. This formulation when broken down means that a person should treat himself and others both as a means and an end, but mostly as an end in itself.

Thursday, August 22, 2019

The Great Gatsby by F. Scott Fitzgerald Essay Example for Free

The Great Gatsby by F. Scott Fitzgerald Essay Fitzgerald condemns his readers to the knowledge that the American dream is not the key to eudemonia but rather the stair way which once started upon leads inescapably to destruction. When we refuse to accept reality, we lose it completely. The notion of the American dream is a primary concern in the novel. Coincidentally Fitzgerald shows it to be just that. A dream. The frequent, yet subtle references to theatre, fantasy and ideals throughout the novel reinforce this. Like any ideal, it is flawed through human conception and action. It is Nick who describes Gatsbys transformation from young Gatz to Jay Gatsby, likening it to Platonic conception. It is in this sense that Gatsby has ultimately doomed himself. Platos beings were perfect, ideals of human aspirations, formed by the infallible sculptor, in contrast, the vague contour of Jay Gatsby had filled out with the help of a singularly appropriate education by a man who embodied the savage violence of the frontier brothel. Regardless of the fact that this ideal Gatsby is fundamentally flawed, Gatsbys inability to truly become the ideal also hinders him. He is neither one thing nor the other, instead he dances along the precipice, unable to bear being young Gatz but also unable to transform completely into Jay Gatsby, this is evident both through his conspicuous absence from his own elaborate parties, he was not there; and in the flaws of his props, eg. the absolutely real books which adorn the library but have never been read. Every thing about the created character of Jay Gatsby is extravagant, as though young Gatz feels the need to over compensate lest someone see through his charade. Like the books, the parties, the clothes and the elaborate formality of speech Daisy is yet another prop, similar to the medal from Montenegro, to add to the collection of the convincing artefacts which confirm Jay Gatsbys life. Nick describes how the fact that men had previously loved Daisy increased her value in the eyes of Gatz. This reinforces her position as an object but more importantly she was a convincing object, an appropriate object for glorious future of Jay Gatsby.  Daisy was an object to strive towards, as utterly unattainable as the American dream but something which never-the-less lingers on the peripheral of Gatsbys consciousness yet will remain insubstantial because of Gatsbys lack of substance. It is in the final stages of the novel where battle between idealist fantasy and reality is finally ended for Gatsby. His invisible cloak of illusion slips from his shoulders, the contour of Jay Gatsby is shattered, broken up like glass against Toms hard Malice but with it is also broken the remaining fragments of Gatz, for he was both and neither, living in constant illusion which was decimated by the harsh light of reality. Without the barrier of that last hope, the commitment to the following of a grail, Gatsby was gone. The fact that he was shot by Wilson is irrelevant for in truth he was already dead the moment that shimmering green light faded. Instead of attaining happiness in the pursuit of the dream Gatsby is destroyed by it. Like his elaborate library, with absence of one book, or one hope, the entire thing was liable to collapse.

Wednesday, August 21, 2019

Every Text Has Its Use By Date Essay Example for Free

Every Text Has Its Use By Date Essay I think the idea of every text having a use by date is incorrect and I will therefore argue against the topic. There are a few things which can help to keep texts from ever having their use by date and as a result proving my argument. For example, texts, such as Macbeth, can always be changed slightly and interpreted differently to make them interesting time and time again, for old and new audiences. Also, just because a text was written a long period of time ago doesnt mean that it still wont be interesting, as the events and themes in it can still be relevant to the current time and its happenings. One of the main reasons that proves that texts dont have a use by date is the fact that an older text can involve events or ideas that are relevant to modern audiences daily lives. Some of the ideas explored in Macbeth are ambition, guilt, greed, cruelty, hostilities between good and evil, the rule of leader, the purpose of human existence and supernatural happenings. These all tie in with peoples every day life. For example, ambition was a major factor in Macbeth and plays an important role in practically everyones daily life. In Macbeth it was ambition that drove Macbeth to commit the acts that he did and in modern times business is becoming more and more competitive in todays society so as a result ambition, and its destructive nature, becomes more of an issue. Also, the idea of hostilities between good and evil, order and disorder and the rule of a leader, which are major components of Macbeth, are relevant to the military action in the Iraq War which has affected a lot of the world. These and other ideas interest people from all time periods as some, if not all, of these ideas will affect them. Another main reason that shows a text doesnt have a use by date is the fact that they can always be appropriated. Appropriation is when something old is turned into something new. In this case it would be taking an old text and changing it to suit a modern audience, usually by making a film version. For example, in one instance the Shakespearean text Romeo and Juliet was turned into a movie that used only the plot of the original text and used the settings of modern life and a modern script which allowed the audience to relate to more to the film. This is a perfect example of the fact that a text which is hundreds of years old can still be entertaining. When a movie is appropriated it can appeal to a wider audience, as not everyone likes or understands the style of writing used to write the original text. If texts are appropriated in this way they will continue to entertain audiences and as a result, never end up having a use by date. A film version of an older text, especially a Shakespearean one, can be very effective in delivering the original to text to a wider audience. A film version makes the text easier for the audience to understand as it provides visual images to help them realize whats actually going on and what the characters are saying, as a lot of people wouldnt fully understand what was being said when the old English style of writing, that Shakespeare uses, is used. New interpretations also help to keep texts and their film versions interesting to new audiences and audiences that have seen it before. In Polanskis version of Macbeth Polanski decided to add a scene, which wasnt in the original text, into the movie. He also changed the way things happened in some of the scenes, for example, when Macbeth returns to the witches, instead of the apparitions appearing he sees completely different visions that give him warnings and predictions. Another reason to further show that texts dont have a use by date is the point that just because a text is old doesnt mean its not entertaining or interesting to modern readers. Texts such as Macbeth and many other of Shakespeares plays are still regarded as some of the best plays ever written even though they were written hundreds of years ago. In some cases, audiences may find these texts interesting and entertaining because theyre written in an old style of English which is no longer used. When this is the case it clearly shows that the idea of texts having a use by date as incorrect. In conclusion, I think that the points presented sufficiently prove that well written texts do not have a use by date. If a text is well written it will continue to be valued no matter how old it is. Especially due to the fact that, just because a text is old doesnt mean its no longer interesting to modern audiences.

The Green Concept In The Hotel Industry

The Green Concept In The Hotel Industry Tourism industry is one of the leading industries around the world. It has been proved that this industry generates billions of money and it also helps people around the world to travel and increase their knowledge about other cultures and languages. But unfortunately, after thousands of years we found out that the tourism industry have a negative impact on the environment. However, there has been awareness both for the research arena and people since decades in the protection of the environment, and the need to safeguard the natural resources for the future generation. This awareness has spread all over the world starting first in US and Europe. The green practices were put into action after the deal Mauritius made with France for the contract of Maurice Ile Durable. The population of Mauritius comprising both consumers and producers have recently shown an increase concern about the environmental impact of products Considerable attention has been directed toward green products such as organic foods, recyclable paper, phosphate-free detergents, energy-efficient lighting. Consumers make product choices based on which combination of product attributes that meet their needs based on dimensions of value, cost, and prior satisfaction (Kotler, 1997). Considering the tourism industry in Mauritius, we can say that it is the leading growth sector. Somehow the country depends a lot on this industry and same as foreign countries, Mauritius also has made a lot of evolution. Big hotels were built in every coastal area to accommodate tourists and the minister of tourism has also embellished our historical gardens and other visiting sites. It is also well known that tourists are attracted by the 3S of our country, that is, the sea, sun and the sand. Mauritius is a small Island and we must conserve and preserve the natural resources and also protect the environment surrounding us. As mentioned above, same as in Goa, Mauritius as well is facing serious problems concerning pollu tion and over use of resources. At present hotels, travelers and other tourism industries are aware of the measures that should be taken to preserve the nature together with the satisfaction of customers. This is why, nowadays it can be seen that there are hotels that are innovating into green hotels and more green hotels are built so as to be sustainable. 2.1 The Green Concept in the hotel industry The Green concept of the hotel industry is an increase in awareness since the late 1980s. The hotel sector is said to be one of the most energy and water intensive sectors in the tourism industry. (Bohdanowicz, 2005). When hotels are constructed there is a need to make use of the environments resources like the land. Hotels can operate in different parts of the environment. The facilities like comfortable services, supplies (heating, cooling, lighting, ventilation, etc) to customers are necessary for their operations. (Bohdanowicz, 2005; Han et al., 2009). All these are said to be contributions to negative impacts on the environment. However, the success of the tourism industry, as well as the hotel sector will depends on the availability of a clean environment. Hotels operation lead to pollution, waste, and other elements represent a threat for the environment. The Green concept in this context is to turn these elements into a recycling process that will cause less harm to the envir onment. It is believed that hotels have produced great harm to the environment by, for example, consuming vast quantities of non recyclable products that generate tremendous waste, consuming substantial amounts of water and energy and emitting carbon dioxide and air, water and soil pollutants (Bohdanowicz, 2005; Chan, 2005). According to Wolfe and Shanklin (2001), the term green, which can alternatively be called eco-friendly, environmentally responsible, environmentally friendly, sustainable and environmentally oriented (Han et al., 2009; Pizam, 2009), are referred to actions (for e.g. recycling) that diminish harmful impacts on the environment. Green hotels are therefore described as environmentally responsible hotels that actively follow environmentally friendly guidelines, practice environmental management, implement diverse eco-friendly practices, institute sound green programs and commit themselves to achieving environmental improvement by displaying eco-labels or a green globe logo (Department of Environmental Protection, 2001; Green Hotel Association, 2008; Han et al., 2009, 2010; International Hotels Environmental Initiative, 1993). There is a public concern over environmental damage and customers desire for environmentally oriented products have stimulated hotel operators to green their operations (Han et al., 2009; Manaktola Jauhari, 2007; Wolfe Shanklin, 2001). Researchers and practitioners agree that the greening of a hotel contributes to satisfying eco-friendly customers green needs, avoids criticism of existing tourism practices, fulfils the requirements of government regulations and substantially decreases costs through waste reduction, water or energy conservation and recycling (Chan, 2005; Han et al., 2009; Wolfe Shanklin,2001). 2.2 The Green Building Green building is a new term which refers to environmentally friendly practices from the building design to the landscaping choice. With the introduction of sustainable development, building also need to be sustainable because buildings generate large amount of wastes from its construction and during its lifetime. And these wastes impacts on the surroundings, the environment and the people. According to Scatterfield (2009) the less impact a building has on human health and the environment, the more green it is. A green building can cost a lot at the beginning, but is profitable in the long run. It brings more benefits such as less pollution, more comfort for the employees and guests, and increase in productivity. The U.S Green Building Council (USGBC) in 2010 organised a competition with the aim to identify the best and brightest vision in the designing of an environmentally friendly hotel suite. The title of the competition was the sustainable Suite Design Competition. The judges have to consider several elements such as the resources efficiency of the suite (water, energy and materials), the guest room overall attributes, innovation nad aesthetic and lastly the cost associated with the design of the suite. The winners name was Haptik. The techniques developed by Haptik concerns the saving of energy in the room by using the PIS which is the passive infrared sensors. Th e PIS switch off light automatically when nobody is in the room. Haptik utilized the Trombe wall in the bathroom which uses sunlight to heat the water. A model of the suite was shown to the public during the HD Expo 2010. 2.2.1 The Green Building Certificate There are several certifications given to hotel all over the world to encourage them to move towards eco friendly attitude. The certification includes specific norms from energy saving to waste water disposal. Having a certification is often considered as a marketing tool also. The certifications are often internationally known. 2.3 The Green Tourist Nowadays, tourists are showing preferences for destinations that protect and preserve the environment. In the literature there has been a tendency to use the terms green and sustainable interchangeably. However, there are very distinct differences between the two. Green is defined as a product or service that is both environmentally and socially responsible. It is accountable to and respectful of the places and people that provide and use them (Mc Laren, 2006). Sustainable is defined as the ability to meet the needs of the present without compromising the ability of future generations to meet their own needs. (Brundtland, 1987). Green Tourism is defined by the Green Association as travel and exploration within and around an area that offers visitors enjoyment and appreciation of the areas natural assets and cultural resources, while inspiring physically active, intellectually stimulating and socially interactive experiences (Blackstone Corporation, 1996). The United Nations designate d the year 2000 as the international year of Ecotourism. Eco tourists or green tourists attempt to travel in a manner not harmful to the environment. To travel green means to travel responsibly while conserving the environment and minimizing the social, cultural and ecological impacts, a green tourist enables other people to visit the same place later and still enjoy the same experience. Green tourism is informative because travelers learn their destination and local people learn what to appreciate what they have to offer. It supports the integrity of the place because conscientious travelers seek out things that are characteristic of the locality in terms of architecture, cuisine, heritage or environment. Quality not quantity should be the goal of Green Tourism, therefore permanence and richness of experience is what both parties are striving for. According to environmentalists, the Green Practice was put into action when the view of the Earth was broadcasted through satellites programs. From that moment itself an increase concern to protect the earths fragility, and there is a need to conserve and protect it. This is the result in an increase of awareness of the following terms like; the ozone layer, greenhouse effect and acid rain. (Walker, 2000). Despite the complexities surrounding green behavior the tourism industry is still keen to understand how the green concerns of consumers correlate to tourists and how the concerns convert to travel- or holiday-related behavior. Moreover, Peattie (2001) has claimed that although all consumers are green consumers at some point in their lives, most green purchases involve a trade-off. These compromises include paying a green premium or accepting a lower standard product or service for better eco performance. However, differences in concerns and behaviors among tourists highlight the l ack of homogeneity in this market. For example, concerns about the impact of transport and conservation of wildlife tend to be more mainstream issues, whereas erosion of recreational areas by walking or riding may only concern niche market segments, such as eco-tourists, environmentally responsible tourists or ethical tourists, which are the alternative terms given to green tourists ( Horner and Swarbrooke, 2006 ). These differences have been explained according to four factors awareness and knowledge of the issues; attitudes towards the environment in general; other priorities in life; information obtained from the media and pressure groups; and their health, family commitments and housing ( Horner and Swarbrooke, 2006, p. 181 ). Although many in the tourism industry question whether the environmental concerns of tourists influence decision making, there is evidence that some tourists may choose anairline based on their environmental management practices ( Horner and Swarbrooke, 2006 ). They may also boycott events involving animal cruelty (for example, bull-fights) or campaign against tourism development that destroys wildlife habitats. Furthermore, the extent of change varies from one type of tourist to another. The very dark green consumers may convert their beliefs into action by not taking holidays away from home so as to prevent harm to the environment and in doing so do not become tourists. On the other hand, the not all green tourist may show only a passing interest by reading about the environmental issues caused by tourism (Hornermand Swarbrooke, 2006). 2.4 Attitudes towards the Green Practice Over the last few decades, protecting the environment has been a major issue in our society (Easterling et al., 1996). Recognizing the seriousness of ecological problems, people have become increasingly environmentally conscious. This ecological awareness has led an increasing number of individuals to engage in environmentally friendly behaviors in their everyday lives. (Kalafatis et al., 1999; Laroche et al., 2001). In addition, Amyx et al. (1994) has focused on the perceived importance of the environment to the degree to which individuals express their consciousness of environmental issues. In conceptualizing the perceived importance of the environment as the primary indicator of attitudes toward environmentally compatible behaviors, Laroche et al. (2001) determined the levels of these attitudes by whether individuals considered eco-friendly behaviors to be essential to themselves or the entire society. This ATGB mainly involves the perceived importance or inconvenience of environm ental consciousness, the severity of environmental problems, and the level of responsibility of corporations (Laroche et al., 2001; McCarty and Shrum, 1994; Roberts, 1996). In other words, individuals ATGB can be established by the level of their awareness of these dimensions of ATGB for themselves and for society as a whole. Some researchers has also pointed out that only a small portion of environmentally conscious customers actually purchases eco-friendly products in the marketplace because of high monetary and non-monetary costs and inconvenience (Maibach, 1993; Roberts, 1996). However, numerous findings indicated that more environmental concern tends to result in more environmentally friendly buying behaviors (e.g., Kalafatis et al., 1999; Laroche et al., 2001; Manaktola and Jauhari, 2007). Consumers may be willing to purchase environmentally-friendly products but are faced with constraints or conflicts that create a resistance to adopting pro-environmental behavior. For example, consumers may want to be environmentally responsible but still want to maintain their existing life-style (Schwartz, 1990; McDaniel and Rylander, 1993). They may not be prepared to sacrifice convenience (Simon, 1992; Stern, 1999), accept lower performance levels, or pay a price premium (Peattie, 1999b). Based on Ajzens (1988) theory of planned behaviour consumers environmental purchasing intentions and behaviour may be influenced by a number of factors, such as the individuals knowledge and motivation, the ability to perform the behaviour and the opportunity to behave in an enviro nmentally-friendly way (Pieters, 1989; O  ¨ lander and Thà ¸gersen, 1995). 2.5 Tourists willingness to buy Green Products Products are defined as environmentally friendly if in some way they aim at reducing a products negative environmental impact. Some authors have suggested that the failure to reassure consumers on the products functional performance was partly attributable to the early failure of many environmentally-friendly products (e.g. Davis, 1993; Ottman, 1999). Although it has been found that some consumers may, for example, accept a lower functional performance in order to buy a product that delivers environmental benefits, the environmental benefit in itself is neither the primary benefit sought nor the primary motivation for purchase (Speer, 1997; Ottman, 2001). As Wong et al. (1996) observed: Green is seldom the over-riding determinant of product or brand choice but just another benefit or attribute that adds value, usually a feel good factor to the overall product. (Wong et al., 1996, p. 269). Some marketers appear to have overlooked this and assumed that an environmental positioning alone was sufficient to guarantee product success (Ottman, 1995). Product performance appears to play a key role in influencing consumer adoption and retention of environmental products. So, when there is consumer skepticism of the relative performance of environmental products or a performance gap exists (i.e.consumer expectations of the products performance have not matched up to the in-use experience), this may strongly influence the products acceptance (Wong et al., 1996).Within the hotel sector, increasing numbers of customers prefer to choose a green lodging facility that follows environmentally friendly practices, showing concern about the seriousness of ecological degradation (Han, Hsu, Sheu, 2010; Manaktola Jauhari, 2007). In recognition of this eco-friendly consumption need, nowadays many hotel firms seek to incorporate customers emerging concerns about the environment in their man agement or a marketing decision-making (Bohdanowicz, 2006; Lee, Hsu, Han, Kim, 2010; Mensah, 2006). Altering their hotel operations to be green (i.e. significantly reducing environmental impacts) is becoming a necessity to attain noticeable improvement in their competitiveness in the market (Han, Hsu, Lee, 2009; Manaktola Jauhari, 2007). One of the most credible pieces of evidence demonstrating the increase of environmentally friendly customer behaviors is the increased number of customers who have a strong intention to pay more for green products (Laroche, Bergeron, Barbaro-Forleo, 2001). In the hotel context, in reality, green hotel prices do not significantly differ from those of comparable conventional (or non-green) hotels (Han et al., 2009; Manaktola Jauhari, 2007). The green hotel operators interest is in whether travelers are willing to pay comparable regular-hotel prices for their hotel, perhaps sacrificing little conveniences while staying at their green hotel (reusin g towels, limited use of disposable products, use of recycled products/furniture, recycling bins, buffet-style foods without garnishes, meeting tables without tablecloths, minimized decor, non-smoking areas, dispensers for soap/shampoo, etc.). For consumers who are more receptive to environmental products and purchase them through choice, there may be a segment that are willing to pay more for the environmental benefit. But, whilst some authors suggest that consumers are willing-to-pay more for an environmentally-friendly products (Kassarjian, 1971; Freeman, 1989; Klein, 1990; McCloskey, 1990; Kapelianis et al., 1996; Laroche et al., 2001), others suggest otherwise (Wood, 1990; Simon, 1992; Sims, 1993). Marketplace examples also suggest that in reality consumers are not always prepared to pay the premium prices suggested by research (Fuller, 1999). Although our knowledge about consumers acceptance of paying a higher price for environmentally-friendly products appears to be inconsist ent and inconclusive, it has often been found that consumers will pay on average around 5 percent more (Schwartz, 1990; Kapelianis et al., 1996; Speer, 1997). 2.6 Cost of going green in the hotel industry With a broadly point of view, there are two approaches in the environmental cost analysis. One emphasizes the costs associated with environmental damage and its remediation, the other stresses on the price of control. In practice, this damage costing approach faces some essential problems in estimating the environmental impact as described by Bernow at al. (1991). Hotel developers still face specific barriers in developing and operating green properties, such as finding vendors, contractors, engineers, housekeepers, landscapers and managers that understand new systems, products and procedures. Complicating matters for hotels is to cover the typical hotel management and franchise agreements. The highly structures arrangements negotiated between hotels owners and hotel managers have not yet addressed a number of issues raised by green development, redevelopment or operation that affects the bottom line of both entities. Finally, there is the issue of meeting the expectations of paying guests. Although we believe guests expect hotels to operate in an environmentally conscious fashion, it may also be that those same guests may have unrealistic expectations of luxury and comfort in terms of green operation. To take simple example, do hotels still need to put out individual shampoo bottles and does the spa need to smell faintly like chlorine to satisfy guests expectations. The costs arising from the implementation of ISO 14001 include those associated with initial set up, maintenance and improvement (Chin et al., 1998). The price of initial set up refers to all costs associated with the provision of hardware and software facilities, plus tools for establishing the system in compliance with the ISO 14000 EMS standards.

Tuesday, August 20, 2019

Alzheimer’s Disease and the Symptoms Essay -- memory, behavior, health,

In 1906 Aloysius Alzheimer was a German psychiatrist and neuropathologist who was credited for identifying the very first diagnosed case of â€Å"pre senile dementia† later to be known as Alzheimer’s disease. One hundred and seven years later we are still not completely sure of the causes of this disease and why only certain people get it. There are nearly eight million people in the world with Alzheimer's disease and it’s an advancing and irreversible disease that destroys memory and other important mental functions along with behavior. It can result in loss of intellectual and social skills and it can get to the point where it interferes greatly with day to day activities making daily tasks extremely difficult or nearly impossible. Alzheimer’s is the sixth leading cause of death in the United States and people with this disease tend to live and average of about eight years after their symptoms become really noticeable to others around them, however, people can survive about four to twenty years with this disease depending on their age and health conditions. Symptoms of Alzheimer’s disease will gradually worsen of a period of months to years and the progression of the disease varies from person to person. Early detection of the disease plays a key role in the management and care of the patient with this horrible disease. In the beginning stages forgetfulness and mild disorientation may be the only things you notice. Over a period of time the disease progressively worsens and you will notice more and more memory loss with both short term and long term memory, confusion of dates and times (among other things), and the person having a difficult time organizing their thoughts. Memory†¦ It is normal to misplac... ...s: Regulatory perspectives and requirements. Retrieved December 5, Psychiatry, D. o. (n.d.). Result Filters. National Center for Biotechnology Information. Retrieved December 5, 2013, from http://www.ncbi.nlm.nih.gov/pubmed/221370452013, from http://www.sciencedirect.com/science/article Research and Markets: Global Alzheimer Disease Report 2013 (Updated): New Drugs, Markets and Companies. (n.d.). Research and Markets: Global Alzheimer Disease Report 2013 (Updated): New Drugs, Markets and Companies. Retrieved December 5, 2013, from http://www.businesswire.com/news/home/20131205005774/en/Research-Markets-Global-Alzheimer-Disease-Report-2013 Shiel Jr. MD, FACP, FACR, W. C. (n.d.). Alzheimer's Disease Causes, Symptoms, Stages, Signs, Treatment, Dementia, Medications - MedicineNet. MedicineNet. Retrieved December 4, 2013, from http://www.medicinenet.com/alzheimers_disease

Monday, August 19, 2019

The Perils of Regionalism:Genocide in Rwanda :: essays research papers

  Ã‚  Ã‚  Ã‚  Ã‚  In Priestley’s â€Å"Wrong Ism†, he claims that nationalism is not the strength that binds a country together, but rather all of the small local areas we are all accustomed to growing up in that gives us strength. Priestley considers nationalistic ideas and movements to be headed by people who have a love of power and who have left out their regional ties. They no longer have feelings for the areas they came from and any loyalty developed over their lifetime is watered down.   Ã‚  Ã‚  Ã‚  Ã‚  Priestley feels regionalism needs to be given more credit. He assumes it provides us with roots and a sense of attachment to our community which affect people’s lives in such a way that it creates a unique bond that can be very hard to break. So in a sense, regionalism shapes our identities and I agree with his assumption that people view themselves more as part of their region rather than a part of their nation. Loyalty to one’s region can be compromised when individuals allow national power and greed to destroy their roots.   Ã‚  Ã‚  Ã‚  Ã‚  There are many examples of how nationalism tries to take over a region to destroy its people. For instance genocide, in nearly all examples, has been started by a power-hungry national figure who has an agenda in mind that never takes into account what a local area's wish might be for their future. Hitler is an example of this type of authoritarian oppressor who had a very complex national strategy in place to exterminate the Jews. He certainly did not consider or recognize regional differences in Europe, but rather put forth his own agenda. Genocide is on a whole different level than all other crimes against humanity. The circumstance I will describe shows how Priestley’s concept of internationalism also comes into play showing how our global watchdog agencies, such as the UN, can be slow to respond to an atrocity. For the most part, the UN has avoided and has not responded to many genocidal conflicts. Every time subjects of genocide or other similar crime s against humanity have come up, debate was intense. This probably occurred because of the many different world perspectives and ideas concerning human suffering. In addition, the punishment of genocide deals with the crime after the annihilation of people occurs. The real problem to be dealt with is that of prevention of such crimes.   Ã‚  Ã‚  Ã‚  Ã‚  It seems that a large percentage of every population are ready to obey national authority and be controlled, especially when many of the people are suffering from oppression and

Sunday, August 18, 2019

How developed is Brazil? Essay -- Econimics

How developed is Brazil? BRAZIL Economic A Case Study of: - Developments in two contrasting regions of a country (South East / Amazonia / North). - Strategies used by a government to improve the economy (in a developing country). - Exploitation of new resources within a country. - Impact of economic / industrial development on the environment of a region or country. Setting the scene - How developed is Brazil ? Brazil, alongside Mexico is considered one of South America's newly industrialising countries. GRAPH Main exports Metallic ores, coffee, fruit, chemicals, machines, weapons In 1991 Brazil had a debt of $123 billion.This is owed to the USA, the EEC, Japan and the World Bank. It is claimed that Brazil is "the 10th largest economy in the world". However in some urban areas 50% of people live below the "Poverty Line". Recent changes (1970 - 1998): - More people employed in manufacturing industry. - Fewer people employed in farming but between 1982 - 1990 agircultural output increased by 38%. - Over 50% of population employed in Services. - Increase in land used for farming - large estate plantations and ranching. - Rapid growth in "informal sector" jobs - working without official records (partic. in cities) such as street sellers, repairers, decorators etc. - Rapid growth of cities - over 75% of population live in cities. Of these 30 - 50% live below "poverty line". In the 1970's five main pressures created the debts: 1. Oil prices rose(doubled then quadrupled by 1979) so Brazils import bill increased as it tried to fuel growing industry. 2. Oil rich countries had money to lend - Brazil borrowed from t... ...outh est region where all raw materials; iron, coal, limestone are found. Near market - car industry in Sao Paulo (Volkswagen, Fiat, General Motors and Ford all located there, 4 of 2,000 foreign companies in Sao Paulo). Aircraft / defence industry big steel use too. 9. New weapons industry in Sao Paulo / Rio de Janeiroarea (South East region) - major growth 1975 - 1995. Located near major steel works. Defence commitments are important to Brazil (military government in 1960's - 1970's) - drug trafficking & guerilla wars along its borders. Located on new motorway routes - near decision making and industrial centres. 80% of Brazil's weapons are produced here as well as nuclear research near Sao Paulo. Brazil now exports weapons. The RAF makes a Tuscano training aircraft in Belfast, made from parts manufactured in Brazil.

Saturday, August 17, 2019

Rbi’s Debt Management and Monetary Policy Essay

I have shown you in class, using the IS-LM model, how the above two roles of the RBI presents a conflict between the desired positions of the LM curve and therefore the equilibrium interest rate. Some of you have expressed interest in knowing more about this debate. Therefore here are the two opposing points of view. For the motion: On this side of the debate is the government which supports an independent Debt Management Office (DMO) that is separate from the RBI. The government has received support from the Report of the Internal Working Group on Debt Management which has pointed out three conflicts that arises from the present arrangement: â€Å"If the Central Bank tries to be an effective debt manager, it would lean towards selling bonds at high prices, i.e. keeping interest rates low. This leads to an inflationary bias in monetary policy.† Second â€Å"if the Central Bank tries to do a good job of discharging its responsibility of selling bonds, it has an incentive to mandate that banks hold a large amount of government paper.† Third, â€Å"if the Central Bank administers the operating systems for the government securities markets, as the RBI currently does, this creates another conflict, where the owner/ administrator of these systems is also a participant in the market.† The Percy Mistry Committee on Making Mumbai an International Financial Centre (IFC) recommended the setting up of an autonomous DMO by saying that â€Å"looking ahead, a sound public borrowing strategy for India would incorporate three elements. . . An independent Indian â€Å"debt management office† – operating either as an autonomous agency or under the Ministry of Finance – that regularly auctioned a large quantum of INR denominated bonds in an IFC in Mumbai. The size of these auctions would be substantial by world standards and would enhance Mumbai’s stature as an IFC.† The Raghuram Rajan committee on Financial Sector Reforms (A Hundred Small Steps) has argued against RBI providing the â€Å"investment banking† function to the government as â€Å"this involves a conflict of interest, since the government would benefit from lower interest rates, which the RBI has some control over. Investors in the bond market may also perceive the sale of bonds by RBI to be informed by a sense of how interest rates will evolve in the  future. Finally, the RBI is the regulator of banks. Banking supervision could be distorted by the desire to sell bonds at an attractive price.† Media commentators have also supported the motion. See for instance Ajay Shah writing in the Business Standard,Ila Patnaik writing in the Indian Express, Shruthi Jayaram writing in the Financial Express, S. Narayan writing in the Mint. Also see what the Stanford University’s Policy Brief and the Bank for International Settlements feel about this issue. Against the motion: Predictably the RBI is opposing the above views. See this Business Standard report which quotes RBI Governor Dr Subbarao as saying that â€Å"Only central banks have the requisite market pulse and instruments to aid in making contextual judgements which an independent debt agency, driven by narrow objectives, will not be able to do.† The Governor further said that in order to achieve monetary and financial stability, separation of debt management from central bank seems to be a â€Å"sub-optimal choice†. â€Å"The case for shifting debt management function out of the central bank is made on several arguments such as resolving conflict of interest, reducing the cost of debt, facilitating debt consolidation and increasing transparency. These advantages are overstated,† Dr Subbarao said. He said market borrowings are the major source of deficit financing at state level and such borrowings are exceeding the absorptive capacity of the market. â€Å"That makes it imperative to harmonise the market borrowing programmes of the Centre and the states. Separation of the Centre’s debt management from the central bank will make such harmonisation difficult,† Dr Subbarao added. He said even internationally, there is closer association between the central bank with sovereign debt management for proper monetary policy and financial stability. Also see this Business Line report which quotes Dr Subbrao as saying that â€Å"the learning from the recent global crisis is that those systems where central bank manages government debt are more effective. When fiscal deficit is as high as it is in India, it is not only about debt management in the conventional sense. It has larger implications for liquidity management and monetary policy transmission. The balance of advantage would lie in the RBI continuing to manage public debt until fiscal deficit comes down to very comfortable levels.† RBI’s internal research  supports the above view by demonstrating that interest rates have not been affected by the government’s borrowing programme (a point made by some of you in class). Some media commentators have also supported RBI’s view (see this article in the Economic Times). You will be amused to know that Dr Subbarao himself was an advocate of an independent DMO when he used to work for the government! The confusion over this issue was evidenced by the Rakesh Mohan Committee on India’s Financial Sector Assessment which opined in favour of an independent DMO with the chairman (an ex-deputy governor of the RBI) disagreeing with the committee’s view! Tailpiece: The RBI seems to have reconciled to the setting up of an independent DMO but is insisting that they be in charge of running the office (so much for independence)! See this report from the Financial Express. Finally you may enjoy reading this article from the Economic Times on â€Å"Chidambaram vs Subbarao: How conflicts between govt and RBI could lead to better policy-making†.

Friday, August 16, 2019

A Quick Look at Castiglione and Cellini Life Essay

Lawrence in his book Culture and Values A Survey of the Humanities, stated that Early sixteenth-century Renaissance culture was a study in contrasts. The period not only marked a time when some of the most refined artistic accomplishments were achieved, it was also a period of great social upheaval(332). In fact, there were many outstanding artists at that time, among them were Castiglione known for their philosophy of life and Cellini the first artist who really lived his own life. Castiglione was a well-rounded man with chivalry spirit as the author described He was a versatile man a person of profound leaning, equipped with physical and martial skills, and possessed of a noble and refined demeanor(332). The fact that he well-educated and aristocratic, he worked at the Urbino court from 1504 to 1506 and decided to write The Courtier that took him dozen years. According to the book he wrote, a true gentlemen should have brain and have adequate knowledge about history but the most important thing is do not rely in Christian. He also mentioned in his book about how to refined courtesy because when we redefined courtesy, we can clean the court. A cleaned court leads to a clean country. In addition, a well-rounded person according to Castiglione should do all thing sprezzatura means behavior in which every action is do not with effort and though about it. The influence of his book mainly impacted to the upper classes that taught what gentlemen should be. He imagined a courtiers world is a world very wealthy and aristocratic. Cellini was a talented Florentine goldsmith and sculptor whose life, frankly chronicled, was a seemingly never-ending panorama of violence, intrigue, quarrel, sexual excess, egotism, and political machination(333). He lived a period of religious, political, social and military. He was the first artist ever frankly tell about his personal life at this period. In contrast with Castiglione who wrote The Courtier, Cellinis life was very normal, he did whatever he want, he dared to love and do not care how public criticized him. In short, Cellini did not consider the most talented sculptors and nobody can deny his skill as a craftsman. An airy look of Castiglione and Cellini show us the contrast in humans way of life. In one hand, Castiglione was seemed to be perfect but in my point of view, his imaginary world was hard to be reach. In the other hand, I like Cellini who was a normal guy with his own talent. Life is short and maybe he knew it and he dated to do unusual thing despite of public opinion. Work cited:Lawrence Cunningham and John Reich, Culture and Values A Survey of the Humanities, Thomson Wadsworth, 2005.

Q. Marvell’s poem “To His Coy Mistress” Essay

â€Å"To His Coy Mistress† is primarily the author, Andrew Marvell, trying to convince and seduce â€Å"his coy mistress†, into having intimate relations with him. The poem has three stanzas; each with a different purpose: the first stanza gently and subtly flatters his mistress, using positive diction and images to show, how Marvell wishes he could love her for all of eternity; the second stanza, however, uses imagery to show how time is moving fast and also, strongly negative diction and images to show how life must be lived happily, for there is no chance to after death; the last stanza, the conclusion of the poem, uses quite sexual images to tell his mistress, that because time is limited, they should make the most of it, and enjoy life’s intimate pleasures together. Imagery and diction have been used effectively throughout the poem, to achieve the author’s purpose, of seducing this lady. The author also conveys a theme throughout the poem; life is sho rt, your time on earth is limited, and therefore we must make the most of life’s pleasures while we still can. In the first stanza, imagery and diction, flatters this lady, Andrew Marvell wishes to seduce, and depicts his great and ever-growing love for her. Marvell begins by describing how ideally he would have â€Å"world enough and time† to love this lady. They would â€Å"sit down, and think which way to walk and pass [their] long love’s day.† Imagery shows them taking their love very slowly. This image is created by diction with relaxed and slow connotations, such as â€Å"sit down†, and â€Å"walk.† The diction within that line, also creates alliteration, â€Å"which way to walk†, and also, â€Å"long love’s day;† this alliteration, and the long vowel sounds in â€Å"way†, â€Å"walk†, and â€Å"long†, creates a slow and steady rhythm, and a relaxed mood and tone to the stanza, which allows the author to convey to â€Å"his mistress† that he wishes they could take their love slowly and steadily. Later on in the stanza, he uses diction to create images, to flatter â€Å"his mistress.† â€Å"Thou by the Indian Ganges’ side shouldst rubies find; I by the tide of the Humber would complain.† The imagery shows how he sees his mistress as exotic, by comparing her to the Indian Ganges’, which at that time, was an faraway and exotic place; while, comparing himself with â€Å"the  Humber†, he views himself as ordinary, compared to her. The effect is that it fulfils the author’s purpose for it, which was to flatter this lady. The diction also helps him achieve this, â€Å"shouldst rubies find†; rubies are precious and beautiful, and by using this diction, he again flatters her, by describing how beautiful and precious she is to him. In the first stanza the author has used diction and imagery effectively to create a relaxed and easy mood and tone, to show how the author wishes he can just slowly and eternally love this woman; a â€Å"state† which she â€Å"deserves.† He also achieves his purpose of gracefully complementing this lady on her beauty, in more ways than physically. In the next stanza, Marvell uses diction and imagery to show how there is nothing to be enjoyed in the eternity of death, and how death is a lonely place, therefore another person’s love must be experienced during life. He tells us that â€Å"at [his] back [he] always hears Time’s wingà ¨d chariot hurrying near.† â€Å"Winged†: this diction gives us an impression that the â€Å"chariot† is quick, and therefore the imagery, created by the personification of â€Å"Time†, shows that time travels quickly; life is short. â€Å"Yonder before us lie deserts of vast eternity.† I believe the â€Å"deserts of vast eternity† metaphorically symbolises death. â€Å"Deserts† suggests lifeless, desolate; while â€Å"vast eternity† uses long vowels sounds in â€Å"vast†, combined with the ‘e’ sound being repeated and carried on at the end, in â€Å"eternity†. The combined effect of the diction: an image, showing the boring, lifelessness of death. This is summed up at the end of the stanza: â€Å"the grave’s a fine and private place, but none, I think, do there embrace:† love and its pleasures may only be experience during life. He also tries to convince â€Å"his mistress†, that keeping her virginity, is a silly thing to do. Marvell refers to â€Å"long preserved virginity† as a â€Å"quaint honour†; the choice of diction, by using quaint, shows the author’s negative tone towards keeping your â€Å"virginity†: it is too old-fashioned, odd, and somewhat of a joke. The diction and imagery in this paragraph show us that life must be enjoyed, for such pleasures do not exist after death. In the last paragraph, Marvell, uses sexual, passionate diction and imagery  to show that to enjoy life to the fullest, they must have intimate relations together. â€Å"Now therefore, while the youthful hue sit on the skin like morning dew, and while thy willing soul transpires at every pore with instant fires†; the simile creates an image, showing us that this lady is physically young, and the metaphor shows us that she is either blushing, or seems to be very excited, or both. Marvell uses this imagery to subtly tell this young woman, that it is obvious, she wants the same as him. â€Å"Now let us sport us while we may, and now like amorous birds of prey†; the diction, amorous, has very passionate connotations, even more so than love, and the simile, like birds of prey, suggests a physical side of love, and creates an image of a fearless bird, diving as soon as it sees a chance for kill; therefore the image shows us, that while we are able to, we must make the most of the physical and passionate pleasures of life, without too much concern, and also most importantly, as soon as we may. The tone and mood, created by the diction and images, in the paragraph is very positive, and passionate, and its purpose is to convince â€Å"his mistress† that what he is suggesting, is the right thing to do, and to do so without any worries, and as soon as possible. We must enjoy the pleasures of life, while we may, for that is impossible after death. Andrew Marvell effectively uses diction and imagery throughout this poem, to convince and seduce a young lady, into having physical relations with him. He uses diction and imagery in the first paragraph, showing how, greatly he loves her, and how willing he is to only love in a non-physical way, till the â€Å"last age† had they all of eternity. However, in the second paragraph, negative diction and images, show us that time is limited, and the pleasures of life, cannot be found in after death; therefore we must enjoy them while we live. The third and final paragraph, is the conclusion to Marvell’s argument; he uses passion filled images and diction, to show that they should therefore engage in a physical and intimate relationship, for this maybe the only opportunity they ever get. A theme conveyed is that we must enjoy all of life’s pleasures, for we only get one chance to live.

Thursday, August 15, 2019

Gillette – Product Innovation

Question 1 : Evaluate product innovation at Gillette throughout its history. Gillette has invented the first safety razor with disposable blades in year 1901 which is one of the new-to-the-world products. This safety razor serves as a basic product, for the market segment of men who shave regularly, providing them high quality shaving experience. The safety razor differentiates itself from the razor used at that period of time– the straight razor with an open blade, with its cover over the two edged blades, make it easier to handle and prevent cuts while shaving. This safety razor can be evaluated as a successful product, with its outstanding market performance of 50%-70% over the next 7 decades, and achieving $6. 80 profit per share. However, due to the lack of focus on product development, Gillette lost its market edge to Wilkinson Sword-Schick’s Stainless-steel blade, a new entry to the shaving market with a significant reduce in market share to 49% in 1962. However, Gillette didn’t realize the importance of product innovation and it took them 12 years to introduce the world with another product, the Trac II razor , a safety razor with two blades whereby the second blade cut the number of strokes required & reduced facial irritation. Trac II is an improvement and revision of Gillette’s disposable safety razor. However, although being capable to continue its dominance in the razor segment, Gillette is unable to regain its past glory of high profit per share performance, and remained at the range from $1. 3 to $2. 83 in 1974. Later in year 1976, Gillette continued to innovate and introduced other products with improved performance, such as the Atra razors with a pivoting head which enable men to shave their neck. Other new products which continue to lengthen Gillette’s product line are the Good News! disposable double-blade razor, which is more convenient for men to use and Daisy razor, which serves the segment of wome n who shave regularly. These new product lines strengthen Gillette’s position in the global market by gaining 75% of the global market share whereby Gillette achieves for the first time in the history—the $2 billion mark of sales volume by the end of 1980. In addition, the Good News! brand had been the best-selling disposable razor in the United States each year since 1976 and with its moderate increase in sales enabled it to maintain its position as the number-one seller in this product category worldwide. In the effort to further widen the product mix of Gillette to capture other segments of the market, Gillette continues to evelop new products. The Atra-Plus shaving system, which featured a refillable Atra cartridge with a lubricating strip, is an example of another incremental innovation. Along the same revolution is the Good News! line to include a disposable razor with a lubricating strip. Other new product-mixes which carries Gillette’s brand name are the Aapri facial care produ ct, Dry Idea deodorant, Bare Elegance body lotion, Mink Difference hair spray, White Rain hair care products, and Silkience shampoo and moisturizers. These products help Gillette to serve other segments other than men and women who shave regularly and also build Gillette’s brand awareness and brand equity in the long run. In 1990, Gillette continues to strive for the dominant sales position around the world with more incremental innovative products. Gillette launched the original Sensor razor, the first razor to have spring-loaded blades which claimed that the blades receded into the cartridge head, when they make contact with skin, helping to prevent cuts and allowing for a closer shave. In 1993, the Sensor Excel was introduced with the added feature of â€Å"Microfins,† a piece of rubber with slits at the bottom of the cartridge and Gillette claimed this helped to raise facial hairs, making for a closer shave. Along the same product category which serves the women segment is the Sensor for Women system, launched in 1992, which is the revision of the Sensor and Sensor Excel product line. This system established a major hold on the market for female razor products in the United States. With such effort, I think Gillette succeeded in increasing Gillette’s brand awareness thus increased its brand equity, although the continued success of the Sensor family of shaving systems led to the gradual decline of the Atra and Trac II twin-blade shaving systems. Six years after in year 1998, Gillette introduced the world with Mach 3, a razor with three thin blades designed to provide a closer shave in fewer strokes with less irritation. The Mach3 featured five improved microfins and spring blades, a pivoting head with greater flexibility and a blue lubrication strip that faded with usage to encourage users to change their blades more frequently. The feature of the fading lubrication strip served as a great influencer to impact the consumer to buy more of Gillette’s product—the cartridges. The Mach 3 became Gillette’s most successful new product ever as sales hit $ 1 billion in only 18 months. Besides, being the winner of the American Marketing Association’s Grand Edison Award as the est new product of 1998 also proofs the success of this innovative product. Further innovation efforts in this product line are the Mach3 Turbo and the Venus system for women. Besides, Gillette is able to widen its market share to teens who shaves with a line of Sensor razors in a variety of colours in an attempt to develop lifelong customers at a young age. Due to the high profit margin Mach3 created for the shaving market and the uncontested market space, Schick’s enter the market with Quattro—the world’s first foue-bladed razor. Besides, another product which carries Schick’s brand is the Intuition razor, also suite as the close substitutes to the Venus and Sensor shaving system. The occurrence of direct competitor, competing for the same market segment has affected Gillette’s market share to fall 4. 3 % from 67. 3% to about 63%. Therefore, Gillette started to react aggressively by continuing its progressive geometry technology innovation by introducing the Fusion razor in 2005. The Fusion uses a unique five-blade design with a single blade on the back of the cartridge for use in trimming moustaches and sideburns. Initial sales were very successful as over 4 billion razors were sold within the first two months, 20% more than when the Mach 3 was launched in 1998. Despite many sceptical issues were brought up involving the pricing strategy, product value and the frequency to have to replace the cartridges, Fusion still gain its success by approaching the $ 1 billion sales within 3 years. However, the consumers reflected in the Consumer Reports whereby Fusion was no better than other razors, particularly the Mach3. In the later stage, Gillette continued to innovate by offering power versions of its razors that contain tiny electronic motors in the handle. These motors create a vibration in the blades that cause hair to stand more erect, thus giving a closer and smoother shave. The powered razors also helped promote each company’s batteries. Other products which contribute towards Gillette’s sales are the supplementary products, for example the chemistry if shaving creams, gels, and aftershaves in order to compliment the shaving experiences.

Wednesday, August 14, 2019

Charles Darwin’s Hypothesis

This video is a narrative that clarifies different logical certainties that present major issues for the hypothesis of advancement. This video arrangement pursues a few researchers as they present logical proof that firmly supports the hypothesis of insightful outline. All through the narrative they clarify how the finches of the Galapagos Island, the cell flagellum, the DNA strand, and different subjects demonstrate that the odds of development making this unpredictable universe are about outlandish. To start with, these researchers examine the finches that enlivened Charles Darwin's hypothesis of development. They altogether clarify how the adjustments of the fowl's snouts were a consequence of characteristic choice, which could help the general populace's noses fundamentally change. In any case, characteristic determination has never been in charge of making the advancement from one animal varieties another. These adjustments were maybe realized to better the survival of this types of flying creatures on the island by permitting them better access to the sustenance sources. The way that the establishing father's own hypothesis that assembled development has been disproven by science should reveal insight into how defective this hypothesis, that is frequently displayed as a logical law, truly is. A second developmental issue exhibited by these researcher, and maybe the most intense, is that of the cell flagellum. Propositions researcher clarify how the flagellum functions much like a typical detachable engine, with the exception of on a minuscule level. Each part to this cell mobilizer is fundamental to the task of the engine. While a few sections that make up the flagellum are found in different territories of the cell and could be barrowed for the flagellar organization, the greater part are totally new to the cell. Per the generally excepted theoretical procedure of advancement, the parts for this fifty or more piece small scale engine would need to independently create over a lot of time. The main issue with this is, as per Darwin's hypothesis, survival of the fittest implies that these basically futile parts would be killed from the phone by normal determination while sitting tight for alternate pieces to build up that would make the flagellum a working engine. The multifaceted nature of this splendidly composed miniaturized scale engine is an extremely strong contention for the instance of savvy plan. Another issue that these researchers banter in this film is that of the DNA strand. They portray the intricacy of the DNA coding, which is basically its own dialect. The video clarifies the procedure of DNA translating and protein get together by means of consummately collapsed amino corrosive chains. The enormous issue is who outlined this dialect of DNA? The odds of such a mind boggling framework, which is so key the way toward creating and proceeding with life, advancing with no insightful outline is incredible. In the recordings these researchers talk about their very own voyages of abandoning the conviction of development to having confidence in a wise fashioner. They talk about how these issues introduced consolidate to make it somewhat difficult to hold to the conviction of advancement. Understanding the contentions that they clarified in this video has encouraged build up my conviction and thankfulness for the shrewd plan discovered all through our universe. This narrative completes a fantastic activity of showing certainties and the measurable numbers behind these realities, which incredibly helped me understand their importance. In the wake of watching this video, I for one trust that science has over and again supported the view purpose of wise plan. Notwithstanding, our instruction frameworks keep on showing the hypothesis of development as though it were a logical law. As was raised in the video, numerous people may never at any point think to address whether science and development can correspond, for the negligible actuality that it is the thing that they are instructed all through their whole instructive adventure. It is exceptionally uncommon that the logical certainties are reasonably displayed to understudies, and that the understudies are allowed build up their sincere beliefs from these realities. Also, this video made me contemplate and question why more people don't significantly think about taking a gander at these realities to discover reality for themselves. I inferred that there might be two key reasons this is the situation. The main, being that numerous people today don't endeavor to discover reality for themselves. Numerous aimlessly pursue what they are instructed by people, that are viewed as canny people, similar to reality. Be that as it may, I think others, for example, these societally esteemed clever sources, simply swing to advancement since it gives them a route around recognizing God as the wise creator for what we see surrounding us consistently. At long last, this video better outfitted me with contentions to shield my confidence utilizing science. There are times when people will provoke me about my confidence in God as the wise maker of the universe. Since I better comprehend the science exhibited all through this narrative, I can challenge these doubters with a contention that depends on logical certainties as opposed to clarifying it in a way that may accentuate my own convictions.

Tuesday, August 13, 2019

Introduction to Organisations and Management Assignment - 1

Introduction to Organisations and Management - Assignment Example Management involves coordinating and overseeing the work activities of others so that their activities are completed efficiently and effectively. The first and foremost responsibility of a good manager is creating an atmosphere in which people from different disciplines and departments in the organization can form teams for successful accomplishments of projects. Moreover the work of each individual and teams need to be observed closely so that they may be recognized for their efforts if their work is up to the standards or they may be helped in improving the quality of their work. The next job is to improve efficiency of individuals and teams through employ development programs, stress management drills and achieving the right combination of teams according to the nature of the project. There are certain steps involved in the management and organization and the success lies with the correct execution of these steps. These steps include planning, organizing, leading and controlling. An organization is a deliberate arrangement of people to accomplish some specific purpose. Organizations have a distinct purpose which is achieved by the correct composition of people who carry out the assigned tasks following a specified structure. In the present scenario, a good organization should have flexible work arrangements, employee work teams and open communication systems with a healthy organizational culture. Organizations are changing because the world around them has changed and is continuing to change. These economic, societal and technological changes have created an environment in which the organizations have to adopt new and innovative organizational techniques and objectives to achieve success. An analysis of two companies based on flexible work arrangements, employee work teams, communication systems and organizational culture is presented in the following pages. Organizational Design and Structure The organizational structure is critical for a company as well as for its employees. The success or failure of a company depends highly on the organizational structure of the company. Moreover a good organizational structure gives provides better opportunities to the employees to progress, hence the success of individuals as well as company depends on the organizational structure. Organizational structure essentially means the way in which a company makes use of its resources, human resources in particular. The organizational structure of the company determines the chain of command in a company by setting a framework in which individuals are generally divided into groups who report to certain individuals in the management. A successful organizational structure is the one which is flexible and can adapt to the changing trends and conditions. The classic rigid styles of organizational structure in which individuals are divided into certain departments and each department performs a specific function are diminishing now. The new organizational struc tures are based on the changing market trends, global competition and the arrival of technology. The objective behind a flexible organizational structure is to make it capable of aligning with the changing trends so that it may create new opportunities. In order to create new products or services and to target new consumer

Monday, August 12, 2019

Amrican literature Essay Example | Topics and Well Written Essays - 500 words

Amrican literature - Essay Example It is because American and America were empty reflections of each other. It seemed to be a tussle of who define whom between individual and nation (McWilliams 6). Henry David Thoreau was a disciple of Emerson and he followed Emerson like no one. His experiment Walden allowed him to manifest Adam. He represented deliberate living and rejected traditional ideas and historical Christianity. He separated himself from the corruption that is believed to be in the roots of 19th century New England. He rediscovered American Adam and the values that he holds important by challenging the old and strongly held beliefs. His masterpiece, Walden is a wakeup call to recover and maintain American Adam’s innocence by genuine self-reflection and exploring human nature and of wilderness. It starts with the restrictions imposed on personal freedom and ends with the new and promising future that is waiting for new American (Keenan 37-38). Ralph Waldo Emerson and Henry David Thoreau represented American as optimistic innocent who is an authentic man. The figure as Emerson referred, â€Å"the plain old Adam, the simple genuine self against the whole world† (Qtd. in Keenan 37).He is unconventional and free from past limitations. He values future and optimistic. An American is focused on future and believes in the promise of new America. Innocence is subjected to vulnerability and it changes with experiences as it is with American Adam. Emerson briefly touches this confrontation in terms of â€Å"party of Hope† and the â€Å"party of Memory,† and advocated the former quite enthusiastically. According to his belief, America is a new beginning for men that show a bright future because of an optimistic present. Americans, most notably, are free from past sins. The term ‘sin’ does not denote spiritual burden from past but it is a term that is subjective (Keenan 37). Benjamin Franklin was considered to the â€Å"Founding Father† and a model of national character for