The United States, the USSR, and the Cold War essays

The United States, the USSR, and the Cold War essays Post-Second World War Canadian life was one of fear and suspense due to the threat of impending war. The close of World War Two left a sharp contrast between opposing communist and democratic governments, which escalated and became the Cold War. Emerging superpowers the US and the USSR's frigid relationship in the Cuban Missile Crisis, the Space Race, and the Korean War left the world on edge during the fifties and sixties. The Cuban Missile Crisis saw the superpowers on the brink of nuclear war; repercussions of which are still felt today. What became known as the "Space Race" brought forth technological competition between the Soviet Union and the United States. The Cold War encompasses not only nuclear and technological warfare but also hand-to-hand combat, as when the US and USSR fought in Korea. IN the previous World War, Canada established herself as a mediator in world affairs. In the Cold War, Canada upheld her reputation as a middle-power and acted accordingly in The Cuban M issile Crisis, the Space Race and the Korean War. Tensions between the US and the USSR had been on the rise since the dropping on the first atomic bomb on Hiroshima on August 6, 1945. This event initiated the 'arms race' between the superpowers, in which they competed in nuclear arms buildup. The Cuban Missile Crisis resulted in a suspenseful staredown between the Soviets and Americans until Premier Krushchev pulled arms out of Cuba on the 29th of October 1962. The threat of nuclear war had passed, but repercussions are still felt today as the U.S. refuses Cuba trade. The crisis was an expression if the soviets mass of nuclear weapons which were made to overpower the U.S. The Cuban Missile Crisis showed the world the severity of pre-existing frigid relations, and in doing this, greatly increased tensions between the superpowers. This crisis was the closest the world has ever come to nuclear war. Canada acted firm internationally as an Organization of A...

Nonce-words, For the Nonce, and Nonce

Nonce-words, For the Nonce, and Nonce Nonce-words, For the Nonce, and Nonce Nonce-words, For the Nonce, and Nonce By Maeve Maddox Cine Cynic posits a question about the word nonce in the expression nonce-word: Reading about Lewis Carroll, I stumbled upon the concept of nonce words. What surprised me the most is that nonce is also slang for paedophile in Brit. How did that come about? Is it related to the allegations about Lewis Carroll? The word nonce has been kicking around in English since the Middle Ages. There was a phrase for à ¾e naness (c.1200) which meant for a special occasion, for a particular purpose. This phrase was a misunderstanding of an earlier phrase, for à ¾an anes, which meant for the one. According to the Online Etymology Dictionary, the phrase for the nonce was used from the early 14th century as an empty filler in metrical composition. The phrase for the nonce as now used can mean for the occasion, for the time being, in the meantime. Nonce-word was coined in 1884 for the purpose of providing a descriptive label in the N.E.D. (New English Dictionary, original title of the Oxford English Dictionary) by the great editor James Murray. It was used to describe Words apparently employed only for the nonce. The phrase for the nonce, meaning for the occasion, is used by Claudius as he and Laertes plan to murder Hamlet: When in your motion you are hot and dry As make your bouts more violent to that end And that he calls for drink, Ill have prepared him A chalice for the nonce, whereon but sipping, If he by chance escape your venomd stuck, Our purpose may hold there. The expression for the nonce is still going strong on the web: Sticking with Firefox rather than Chrome for the nonce Tide of Creationism Stemmed for the Nonce Here’s a factoid to take into account, the wholly different cultural context (for the nonce) Moss donned a string bikini bottom for the nonce and skated on. You know how they sometimes ask you, â€Å"What’s your biggest fear?† It may not be that clichà ©d a question, but one still hears this phrase ‘biggest fear’ more than a few times in one’s life. I don’t want your answers, so you can hold your horses for the nonce. That many of these people appear to be completely bonkers has not prevented them from bringing the feds to a crashing halt for the nonce. (I have no idea how long a nonce is, so dont ask me.) The other kind of nonce, a person convicted of a sexual offense, esp. child abuse, is a more recent usage. Various fanciful acronyms have been offered to explain the origin of the slang word nonce. One of the more plausible etymologies connects it to a Lincolnshire dialect word nonse, meaning good-for-nothing. The earliest example in the OED (1971) is spelled nonse and is from a work about prison slang. In the second OED example (1975), the word occurs as the plural nonces. The third example (1984), extracted from Police Review, states that the word nonce was derived from nancy-boy. I rather doubt that the chaps who came up with the slang term knew anything about the allegations against the creator of Alice in Wonderland (Charles Lutwidge Dodgson [1832-1898], aka Lewis Carroll). The allegations that Dodgson was a pedophile began to surface in academia in the 1930s and 1940s. Dramatist Dennis Potter brought the idea into the mainstream with his 1965 play Alice, and the 1985 screenplay Dreamchild. Several recent biographies of Dodgson have continued to speculate. The only connection that can be drawn between the word nonce and Lewis Carroll is the fact that Carroll invented several nonce-words. Many nonce-words are portmanteau words in which two words are telescoped to create a new word. Most fade into oblivion, but a few, like brunch (breakfast+lunch), and electrocute (electro+the ending of execute) find a lasting place in the language. Two of Carrolls portmanteau words are: chortle (snort+chuckle), and snark (snake+shark). You can find an overview of the evolution of the allegations against Dodgson on the Tate Publishing site. Want to improve your English in five minutes a day? Get a subscription and start receiving our writing tips and exercises daily! Keep learning! Browse the Vocabulary category, check our popular posts, or choose a related post below:50 Slang Terms for MoneyDifference between "Pressing" and "Ironing"What the Heck are "Peeps"?

Applying Your Understanding of Fallacies Essay Example | Topics and Well Written Essays - 500 words

Applying Your Understanding of Fallacies - Essay Example What may seem as a simple marketing campaign became an issue for moral panic. For one, critics viewed the ad as racist since it promotes white skin as the foremost criteria in being beautiful. Sadly, Singapore is also a melting pot of various Asian races such as Filipinos, Thais, Vietnamese, Indonesian, Malaysian and Japanese. This ad imposed on the mind of Asian women that fair skin makes one beautiful and brown Asian skin is unacceptable. This is where Focault’s regime of truth sets in. As Hall ( 1997 , p.49) argues â€Å" not of the truth of knowledge in the absolute sense, a Truth which remained so, whatever the period, setting , context- but of a discursive formation sustaining a regime of truth†. The media disseminates a certain truth that public unknowingly digests and accepts as valid. Most ironic of all, the product does not really promise fair skin but better skin texture. stereotype that affects the behavior of the general population. Aside from this, the adv ertisement is misleading since the product delivers something different from what is promised. The second fallacy is about sports nutrition. Gatorade has been very aggressive in promoting its new line of products because it faces tough competition from Powerade.

Globalization and the Society Essay Example | Topics and Well Written Essays - 1250 words

Globalization and the Society - Essay Example (Pros and Cons of Globalization, 2012) Most of the time globalization is used to refer to a particular specific aspect- economic integration throughout the world. This essay will examine the term of globalization, how it has been achieved, what benefits and drawbacks it brings to peoples’ daily life. Based on these facts and arguments, this essay will finally consider from different points of view whether globalization is good for society or not. Globalization began along with the time of the industrial age. Industries produced goods in a mass quantity without any specific market orientation; therefore they started to sell products across the board. Export became more efficient for business, so they wanted to replace production to a place with more affordable labor and cheaper production cost. Thus, replacing production location allows businesses to produce more at a cheaper price in a market where demand is higher. Free Trade Agreement allows free moving to industries among d ifferent countries; therefore it brings welfare to all countries for several reasons. First of all, globalization provides an opportunity for finance. Before globalization, businesses were limited only to domestic sources of finance from investors. But today, countries become closer therefore limitations on finance sources fall. In a global economy, entrepreneurs have an opportunity to gain investment form any country. For example, a company based in Mexico, can easily get investments from the US, Canada, Europe or Asia. This practice is becoming more common globally. This opportunity is available not only for developed countries, but also for developing countries. For example, African countries can gain funds form countless international sources like Kiva International, an organization that provides funding to poorest, allowing them to turn ideas into businesses (Faiola, 2009). Economic integration with foreign countries makes economic growth more constant and faster than those cou ntries that try to dissociate itself from all. China is a great illustration of international integration. To become a globally active nation, China has broken traditional principles of being individual and ignoring other countries. As a result, it could not be unnoticed that China is the fastest growing nation in the world nowadays. According to statistics, an open economy has a rate of growth of 2.5% higher than in a closed economy due to the process of globalization (Dreher, 2006). An open economy in this case has been achievable due to the globalization process that has taken place around the world allowing for different countries to financially interact with one another for mutual benefit. Business across the borders has proven to be a sustainable practice that allows the countries that practice to access markets that would have previously been inaccessible due to their location (Vujakovic, 2010). The open market has served to increase the financial wealth of a country as it ha s provided more opportunities to conduct business besides the local industries that are available. Globalization has enhanced the relationships that exist between countries thanks to their interaction with one another that has allowed them to get along and in the process reducing the prospect of war between countries (Scholte, 2005). Globalization has enhanced the bonds that exist between countries as they work together to enhance their financial and political strength meaning that there is little opportunity for them to come up with reasons for disagreements as they are in the process of working together for the common good of both of their nations. Improved relationships

Planning And Decision Making Essay Example for Free

Planning And Decision Making Essay Many organizations lack a better planning and decision making systems that usually leads to the failure of there operations, in this case planning refers to the overall integrated planning system within an organization which incorporates both strategic and corporate planning. An organization is a consciously coordinated social unit composed of two or more people that functions on a relatively continuous basis to achieve a common goal or set of goals. Therefore corporate planning can only be achieved through management functions; planning, which encompasses defining organization goals establishing an overall strategy for achieving those goals and developing a comprehensive hierarchy of plans to integrate and coordinate activities, organizing, which is the determination of what tasks have to be done, who does them how the tasks are to be grouped? Who reports to whom and where decisions are to be made. Controlling, this involves monitoring the organizations performance, leading, which involves managers motivating subordinates, directing the activities to be done, selecting the most appropriate channels of communication and resolving any conflicts among the employees Taking a look at Toyota Industries Corporation that was started in the year 1937 by Kiichirro Toyoda. It started off by manufacturing and selling automatic looms. Later on it extended by manufacturing automobiles including vehicles, car air conditioning compressors and engines. Toyota Company is widely known all over the world as an automobile manufacturer. It proudly owns the title of the world’s largest automaker company. It is known to be the largest then followed by General Motors Company. This company made sales worth 4. 72 million in the first half of the year 2007. It actually made a profit of $ 15. 09 billion. This paper is dealing with an evaluation of the success that this Company is having. This company is known to have production bases in Asia, Europe, Japan, India, China and North America. Toyoda, 2005) Orientation This company is reported to have a better management system that is referred to as the Toyota Production System which is made up of practices that are meant to organize the company’s logistics and its production; it is also found to encouraging a better communication between the company and its clients. Evaluation of Toyota Company shows tremendous success in the year 2007. This has actually ended the reign of the world best selling trademark of General Motors. An evaluation of the success of Toyota Company shows that it has really expanded various markets worldwide. This has enabled it to reach a very wide scope of customers. Evaluation on the success of Toyota Company shows that it has really opened up so many outlets all over the world including Africa. This has helped customers to easily access Toyota products unlike before. That is why this Company is really enjoying the booming success. (Dr. Shoichiro 2006) Planning is very important in any organization. This is because it helps the organization to easily replace personnel who get promotions or those who get transfers. This is because organizations nowadays carry out management development on all the leaders and managers in an organization. This helps an organization to have a pool of qualified personnel. It also helps an organization to carry out technological advancement. This is because the organization’s personnel are qualified and quite updated in the current technology. (www. onesixsigma. com) Key Processes  The system was founded between the years 1948 and the year 1975 which at the moment referred to as â€Å"Just in Time production† it was regarded as a house like design through which most of its workers once they are recruited they first of all get trained first before they start working in the company this actually shows how committed Toyota is in implementing a good performance oriented workforce, in this case we find that after an employee is trained and found to be successful then he is promoted with an ambition of meeting the expected company standards that are set. From the Toyota Production we find that the Managers can use this to identify the training goals. A manager needs to review his employee’s skills and the areas that they need to improve. These needs in the managerial skills will help in making goals. To find out this, the manager needs to asses the workforce and through this he can know what they are able to do and what they can’t do. Therefore the manager cannot just do this by himself. He needs assistance from other people. They can assist in reviewing his performance. Such people include the supervisors. These people can give invaluable information on the areas that need to be improved and give insight on the behaviors exhibited at work. During the planning the manager needs to consider the training programs that are being offered. The manager needs to carry out plan implementation. After that the manager needs to evaluate himself if he achieved his goals. The TPS also ensures that there is a minimal wastage of resources in the company, since the company regards wastage of resources as a result of de-motivation to its employees. Any organization that carries out management development usually experiences an increase in its productivity. When the personnel in an organization get skills in management there will be an increase in production. (www. onesixsigma. com) The founders of the Toyota production system had an ambition of eliminating the burdens which was referred to as the â€Å"muri†, also to curb the inconsistency referred to as the â€Å"mura† and the other reason for establishing the system is avoid wastage which was referred to as â€Å"muda† therefore we find that the company using the system has therefore discovered on how to reduce factors leading to wastage in the production of the firm. (www. onesixsigma. com) This has led to a better decision making in the firm whereby the system defines that better results are always founded on the right process of production whereby the companies are always urged to come up with a continuous flow of communication in order to indicate the threats of the company, we also find that the company encourages the use of the pull system which is directed towards the avoidance of overproduction, the other way that will enable a company to achieve its goals is to have a levelised workload whereby the employees are allowed to work at a lower speed in order to have better production results rather than working with a high speed to give poor results. In figure one, we find that the diagram has indicated that the company operates in two ways the Jidoka and the Just on Time processes whose goal is to enable a high quality production at a lower cost and within the shortest time limit. Here we find the company actually deals with the reduction of the cost of its products and also on the improvement of the quality of its products. Research indicates that Toyota is in a position of producing one vehicle in every six seconds which results into a total of six million vehicles per year, we also find that the company does not employ people who are given the responsibility but the members themselves report to be disciplined in a manner that they always clean their own offices, this policy has been found to be successful in ensuring that the workers report to their working areas with aim of improving their productivity. Key Learnings Management development is very beneficial to organizations. Many organizations that have embraced this usually have efficient and effective personnel. This improves the productivity hence leading to financial gains. The managers are skilled and will deal with issues that can cause losses efficiently. Figure two below indicating the ways Toyota puts together it production process, the company is reported to be successful as a result of encouraging its employees to work together as a team Whereby in terms of staffing, we find that the Toyota company actually employs more than 4,000 workers each day who are always provided with a number of two working shifts, in this company we find that the employees work in terms of teams, under which each team is made of a minimum of four to six employees, research also indicates that eight teams in the company make a whole group which is therefore provided with a team leader. Under the management in the organization we find that the company improves the performance of their workers through a better paying system which research indicates that every member in the team is paid at least ? 7,000 including this is inclusive of shift and overtime premium, they are also provided with a private healthcare. (www. onesixsigma. com) Where also find that there exist the policies of continuous improvement which is the company terms it as Kaizen action meetings which are regarded as circles of quality whereby the member staffs are involved in the improvement of the performance of the employees. This is well encouraged where the company is found to be offering Kaizen prizes after every six months. in the meetings a manager managing a team of twenty five groups is given an opportunity of deciding which group manager is the best after which all the managers in the company decides which group manager is the best to win the presentation. Then the two of the managers are given a chance to travel to Japan for a kaizen conference and give the story about their performance. For all these reasons we find that this Kaizen is used a way of improving the employees performance in the Toyota company and therefore the other companies planning to be as successful as Toyota one needs to implement the same policy in his or her organization. (www. onesixsigma. com) When evaluating the success in this Company, one can’t fail to notice the improved marketing strategies that have been incorporated therein. The company carried out outsourcing of experts who carried out market research on the target customers of this nation. The Company was therefore in a position to strategize so that it could overthrow the previous automobile manufacturer-General Motors. Marketing strategies were put in place to target the affluent customers all over the world. This played a big role in the success of Toyota Company. These marketing strategies included participating in sports. Toyota Company vehicles were used in motor spots and this actually marketed the vehicles. The Super 2000 Corolla and Peugeot were won in motors spots that were carried out late in the year 2007. (Toyoda, 2005) Toyota Company has had various acquisitions which influenced its success. It acquired 8. 7% of Fuji Industries. This Company is the manufacturer of Subaru vehicles. Toyota Company also acquired 5. 9% of Isuzu Motors. These strategies highly influenced the success of Toyota Company in the year 2007. This made Toyota Company to overtake General Motors. Toyota Company really strategized and incorporated new technologies in its manufacturing system. These technologies include an advanced parking guidance system and automatic power buttons. This resulted in the manufacture of hybrid gas-electric vehicle. This was produced in very large numbers. This hybrid gas-electric vehicle is sold at one million all over the world. This played a big role in the entire success of Toyota Company. (Dr. Shoichiro 2006) Evaluation of the success of Toyota Company shows that one of the factors that influenced its overall success in the year 2007 is branding. This company manufactures a wide variety of brands. This gives customers a wide variety of vehicles to choose from this Company. These brands include Lexus GS, Toyota Camry, Toyota 4Runner, Toyota Tundra, Toyota Land Cruiser, Toyota Prius etc. This has also played a big role in the success of Toyota Company. Surveys carried out on Toyota Company products show a great improvement on the quality of its products. This influenced the general success of this Company until it overtook the previous world leader- General Motors Company. It brands are actually preferred by customers because of quality and durability. Toyota produced Lexus and Scion automobiles which ranked top in reliability and quality surveys. They also ranked best according to various consumer reports. According to the annual report of Toyota Company 2007, there was much incorporation of team work which greatly influenced the success of Toyota Company. This Company has a large market share in United States and Asia. (Wooly, 2006) Conclusion According to the annual report in Toyota Company, approximately 4. 72 million vehicles were sold by the first half of the year 2007. This ended seventy six year reign of General Motors Company. Evaluation of the success of Toyota Company’s success in the year 2007 shows that this company incorporated various strategies that played a big role in its success. These included outsourcing of experts, incorporation of new marketing strategies and opening up of very many outlets all over the world. Branding aspect in this Company was well used by the marketing experts and this is how Toyota Company managed to overthrow the previous world leading manufacturer – General Motors Company. The market share for Toyota Company in United States of America is enviable. This Company currently has the challenge of maintaining its leadership role in the automobile industry.

Changing Current Marketing Strategy for Cruise Line Essay -- business

STRATEGIES REJECTED Sea Goddess Cruises, Limited (SGC) is obviously not accomplishing what it needs to financially to obtain a fair share of the market. There are a number of current strategies that will be reconsidered and rejected. Segmentation The first of these strategies that will be rejected deals with segmentation. Sea Goddess Cruises has not adequately considered enough segments in the market, which has been a major contributor to the lack of market share. SGC should eliminate all plans for monosegmenting. As stated in earlier reports, the segment that SGC is trying to target (i.e. lawyers, doctors, CEOs, etc.) is not large enough to make consistent profit. SGC must look at some other segments to a greater variety of passengers, which may then lead to increased market share and revenue. We have found that the current segment is far too narrow and complex. SGC may want to try and market more to the upper-middle class or middle class portion of the population. In addition to this rejected strategy, it is important that SGC does not oversegment in their efforts to improve the company. Oversegmentation is extremely expensive and a majority of segments do not have the financial abilities it takes to enjoy a Sea Goddess cru ise. Also, the current facilities are very limited, considering SGC only employs to ships. Advertising A second strategy that has been rejected is one concerned with the consumer awareness of SGC. Currently, SGC is only advertising to travel agencies. Coupled with segmentation, SGC’s current advertising strategy has hurt SGC in the sense that consumer awareness is considerably low. Only a small portion of the population even knows that Sea Goddess exists. SGC is only targeting those who travel frequently. They may want to target the portion of the population that wants to travel, but is unsure of where to go or what to do. In order for SGC to reach the consumer, new efforts must be made in the advertising plan. Mere travel agency recommendations are not going to be enough to keep SGC alive in the marketplace. Other vehicles are going to be necessary to spread SGC’s message about the luxuries and benefits of this extraordinary cruise. At the present time, only a small number of all travel agencies have the sufficient knowledge that it takes to make an informative sell to the consumer. It may be profitable for SGC to employ some hi... ...lavishness of the cruise. The End of Autonomy Currently, Sea Goddess Cruises is alone in a business sense. They are not associated or affiliated with any larger cruise lines. It may be lucrative or profitable for Sea Goddess to lose this autonomy. SGC should attempt to merge with a larger company, such as Carnival. A larger company might want to â€Å"adopt† SGC as a smaller, â€Å"little sister† type of company. This could boost customer awareness greatly. For example, if a couple is looking to take an expensive, private cruise, they may look to Carnival. Carnival Cruise Lines or the travel agent may view Sea Goddess as more fitting for this couple. They could recommend to the couple they might be more suited for a Sea Goddess cruise. The relationship could be reciprocal, because Sea Goddess or a travel agent could, in return, refer a family of six to a Carnival cruise. They could also cooperate together in advertising schemes. As you can see, Sea Goddess needs to undergo some major changes. These changes could help lead to a more positive business image. The strategies that have been rejected in this report will help lead SGC to increased profits and customer awareness.

Criminal Liability Essay

In law there is a fundamental principle which is guaranteed by the constitution that every person is innocent until proven to be guilty by the courts of law, in criminal law there are two principles of criminal liability which have to be relied upon in order to determine the guilt or innocence of the accused person. Therefore the aim of this essay is to discuss the two principles of law for criminal liability with reference to the Penal Code Act, Chapter Eighty Seven (87) of the Laws of Zambia and Zambian decided cases. In order to effectively do this, the essay will begin by generally talking about the two principles of law for criminal liability which are the â€Å"Actus reus† and the â€Å"mens rea† and in order to critically discuss them, focus will be made on the Homicide offence of ‘murder’ with the use of relevant Zambian cases. The terms ‘Actus reus’ and ‘Mens rea’ are derived from the Latin Maxim; â€Å"Actus non facit re um mens sit rea† which mean that there cannot be such a thing as legal guilt where there is no moral guilt. The learned author Simon E Kulusika defines ‘Actus reus’ as â€Å"whatever act or omission or state of affairs as laid down in the definition of the particular crime charged in addition to any surrounding circumstances†¦and the ‘mens rea’ as the state of mind or fault which is required in the definition of the crime in question† In order for a person to be criminally liable it has to be proved by the prosecution beyond reasonable doubt that such a person had committed the required guilty act or ‘actus reus’ which is the physical element and had the necessary mental state or ‘mens rea’ although this is not always the case as some criminal offences do not require the ‘mens rea’ for liability to be established. Some of the cases which do not require establishment of the ‘mens rea’ are offences referred to as â€Å"offences of strict liability†. In Patel’s Bazaar limited v The People4 it was stated that proof of the ‘mens rea’ is not necessary to establish a strict liability offence, this was a case in which the accused was convicted for the strict liability offence of selling unwholesome bread. Generally speaking in criminal law in order to establish criminal liability certain elements of the crime alleged to have been committed must be identified, the first being the conduct prohibited or ‘actus reus’, secondly the state of mind or fault element which is required when defining the crime in question also referred to as ‘mens rea’ and thirdly proof of lack of a defence which might vitiate any of the two  principles of criminal liability. As earlier alluded to, for the purposes of this assignment focus will be put on the homi cide offence of Murder in trying to discuss these two principles of law of criminal liability. To establish the ‘actus reus’ of murder it has to be proved that there is unlawful killing of a person, the death following within a day and a year of the infliction of the fatal injury,  this is evident in Section 200 of our Penal Code Act 6 which provides; Any person who of malice aforethought causes the death of another person by an unlawful act or omission is guilty of murder. In this section the ‘actus reus’ is identified as causing death of another person by an unlawful act or omission and the ‘mens rea’ is the malice aforethought. In Chitenge v The People it was held that the actus reus of murder is that there is a dead body, in this case the appellant having had fought with his friend went to the friend’s house and set it on fire burning a person that was inside leading to the death of that person. The dead burnt body sufficed as ‘actus reus’ despite the defendant not actually having had checked as to whether there was a person in the house or not. Coming to the ‘mens rea’, the requirement is that the accused person must have malice aforethought. The term malice aforethought is used to describe the mens rea of murder and it simply means that the mens rea must not come as an afterthought. In the case of Mbomena Moola v the people, the appellant was convicted of murder of his father after he poisoned his maheu drink. In his confession the appellant stated that he poisoned his father so that he could die because he believed that he was the one who bewitched his children. In this case the courts held that it was quiet clear that the accused had the necessary mens rea for murder as he expressly intended on causing death of his victim. Taking into consideration the facts given in the question where the accused is charged with murder in which the mens rea is that the accused must be malice aforethought and the actus reus being the death which is satisfactory in this case, it is worth noting that where offences complained of happened during participation in a sport, the accused cannot be held to be criminally liable as in law it is believed that when participants to a sporting game give consent they do so to all the risks of injury that may take place as a result of accidents that may take place during the sport including death. Therefore applying the two principles of law of criminal liability to the given facts it can be stated that though  the actus reus was present, that is the death of Mr Mudenda, Mr Chisolo lacked the necessary mens rea to be convicted for murder and can also not be convicted of manslaughter due to the fact that the death or actus reus was as a result of an accident in a sport of which consent by the participants vitiates criminal liability. In conclusion it can be stated that this essay has identified two principles of law of criminal liability which are the ‘actus reus’ and the ‘mens rea’. It has being discussed that the ‘actus reus’ refers to whatever act or omission or state of affairs as laid down in the definition of the particular crime charged in addition to any surrounding circumstances and an example was given in the offence of murder. The ‘mens rea’ with reference to murder was also discussed as the state of mind or fault which is required in the definition of the crime in question and that criminal liability cannot be inferred if the offence complained of took place during the occurrence of a sport as consent vitiates it. BIBLIOGRAPHY BOOKS Kulusika S. E, Criminal law in Zambia; text, cases and materials: UNZA press. Lusaka. 2006 Sir Smith J and Hogan B, Criminal law; Cases and materials, sixth edition: Dublin & Edinburgh. Butterworth. 1996 CASES Chitenge v the people (1996) ZR 37 Mbomena Moola v the people (2000) ZR 148 SC STATUTES The Penal Code Act, Chapter 87 of the laws of Zambia.

Fin 4413

Finance 725Spring 2006 J. E. Hodder Corporation Finance Course Schedule Tuesday, January 17:Introduction Thursday, January 19:Clarkson Lumber Company Reading:Note on Financial Analysis a. How is the company's financial performance? (Examine  appropriate financial ratios. ) b. Why has Clarkson Lumber borrowed increasing amounts despite its consistent profitability? c. How has Mr. Clarkson met the financing needs of the company during the period 1993 through 1995? Has the financial strength of Clarkson Lumber improved or deteriorated? d. How attractive is it to take trade discounts?Tuesday, January 24:Clarkson Lumber Company (continued) Reading: a. Note on Financial Forecasting b. Note on Bank Loans a. How much of a loan will Mr. Clarkson need to finance the expected expansion in sales to $5. 5 million in 1996 and to take all the trade discounts? (Prepare a projected income statement for 1996 and a pro forma balance sheet as of December 31, 1996. ) b. As Mr. Clarkson’s financi al adviser, would you urge him to go ahead with, or to reconsider, his anticipated expansion and plans for additional debt financing? . As the banker, would you approve Mr. Clarkson’s loan request; and if so, what conditions would you put on the loan? Thursday, January 26:SureCut Shears, Inc. a. Evaluate SureCut’s financial performance using standard ratios. b. Why can’t SureCut repay it’s loan on time? In addressing this question, you may find it useful to construct a â€Å"sources and uses† statement for the period June 30, 1995 – March 31, 1996. Tuesday, January 31:SureCut Shears (continued) a. What actions would you recommend that SureCut take in order to address its financial problems? If Mr.Stewart agrees to a loan extension and your recommendations are implemented, when will SureCut be able to repay the loan in full? b. Would you, as Mr. Stewart, agree to a loan extension? What conditions or terms would you require? c. Compare the nat ure of the financial problems facing SureCut with those of Clarkson Lumber. Thursday, February 2:Advanced Technologies, Inc. Case Submission #1 Due a. In a volatile industry such as semiconductor equipment manufacturing, how useful is long-term financial planning? b. What are the key characteristics of ATI's markets and operating policies?How do these characteristics influence the company's financial structure? c. Has Mr. Michaels done a good job of financial planning? What set of possible conditions would place ATI under the greatest financing pressure, and how great would that pressure be? d. Should ATI sell equity in 1998, thereby bringing its financial structure more in line with those of its main competitors? Tuesday, February 7:Continental Carriers, Inc. a. How is the company's financial performance? (Examine  appropriate financial ratios. ) b. Given the nature of CCI’s business, how much debt can it support? . What are the respective costs of the different financing alternatives suggested? Thursday, February 9:Continental Carriers (continued) a. What information does the EBIT chart (Exhibit 3) provide? What inferences can we draw from it? b. What are the qualitative advantages and disadvantages of each of the forms of financing under consideration? c. How should the acquisition of Midland Freight be financed, taking into account the explicit costs of the different alternatives as well as other relevant considerations? Tuesday, February 14:Debt Policy at UST Inc . a.From the perspective of a bondholder, what are the primary attributes and business risks for UST? b. Why is UST considering a leveraged recapitalization after such a long history of conservative debt policy? c. Estimate the incremental effect on UST’s value if the entire $1 billion recapitalization is implemented immediately (January 1, 1999). Assume a 38% tax rate and perpetual debt. Also analyze, via a pro forma income statement, whether UST will be able to make interest pay ments. d. Would UST be better off with a different initial debt level? Should it adjust the debt level through time? e.Will the recapitalization hamper UST’s ability to maintain its long history of dividend payments? Thursday, February 16:No Class Meeting A â€Å"make-up† session is tentatively scheduled for 7:00 PM on Thursday February 2nd. The topic will be a brief review of Capital Structure Theory. Tuesday, February 21:Stone Container Corporation (A) a. Compare Roger Stone’s growth and financial strategies with those of his predecessors. b. Examine the sensitivity of Stone Container’s earnings and cash flow to the paper and linerboard pricing cycle. Assume sales volume of 7. 5 million tons per year and a 35% marginal tax rate.What would be the effect of a $50 per ton price increase? Is such an industry-wide price increase plausible? c. What should be Stone Container’s financial priorities in 1993? d. Of the financing alternatives described in t he case, which would be in the best interests of Stone’s shareholders? Which would be in the best interests of its high-yield debt holders? Which would be favored by its bank creditors? Thursday, February 23:Stone Container Corporation (continued) Case Submission #2 Due Tuesday, February 28:. Pioneer Petroleum Corporation a.Does Pioneer estimate its overall corporate weighted average cost of capital correctly? b. When evaluating projects and allocating investment funds among divisions, should Pioneer use a single corporate cost of capital or multiple divisional hurdle rates? If multiple rates are used, how should they be determined? c. Should all projects within a single division use the same hurdle rate? If not, how should different standards be determined? Thursday, March 2:Marriott Corporation: The Cost of Capital (Abridged) a. Are the four components of Marriott's financial strategy consistent with its growth objective? b.Why does Marriott use divisional hurdle rates inst ead of either a company-wide rate or project-specific rates? c. Estimate the WACC for Marriott as a whole. What risk-free rate and risk premium did you use in estimating the cost of equity? How did you measure the firm's cost of debt? Tuesday, March 7:Marriott Corporation (continued) a. Estimate the cost of equity, cost of debt, and WACC for Marriott's lodging and its restaurant divisions. b. What is the cost of capital for Marriott's contract services division? How can you estimate that division's equity costs without publicly traded comparable companies?Thursday, March 9:Pressco, Inc. (1985) a. What is the Net Present Value (NPV) of the mechanical drying equipment investment opportunity (as of December 1985) assuming a 12% cost of capital for Paperco? Assume the rumored new tax proposal is not enacted and the new equipment is installed in December 1986. b. What is the NPV of the investment project assuming that the new tax proposals are enacted, the new drying equipment is install ed in December 1986, and Paperco signs a binding purchase contract soon enough to be eligible for the 8% Investment Tax Credit and the use of ACRS depreciation? . Ms. Rogers knows that Paperco's management incorporated a 6% general inflation assumption into its overall cost of capital estimate. She also knows Paperco's management felt that fuel costs would remain unchanged through 1990 and then rise at 6% per year thereafter. How much, if at all, would the use of this information change the project's NPV estimate? Spring Break Tuesday, March 21:. E. I. du Pont de Nemours and Co. : Titanium Dioxide a. What are Du Pont's competitive advantages in the Titanium Dioxide market as of 1972? How permanent or defensible are they?What must Du Pont do to retain its competitive advantages in the future? b. Given the forecasts provided in the case, estimate the incremental cash flows associated with Du Pont's growth strategy and its maintain strategy for the Titanium Dioxide market. How much ris k and uncertainty surround these future cash flows? c. How might competitors respond to Du Pont's choice of either strategy? What other factors should Du Pont consider in making this decision? Which strategy do you recommend? Thursday, March 23:. Wilmington Tap and Die a. Are the inflation assumptions used in the cash flow projections onsistent with the implicit inflation assumption in a 20% hurdle rate? b. Critically evaluate the sales forecasts for Wilmington, its competitors, and the market as a whole. Why does exhibit 7 indicate a declining market share for Wilmington? Why are other competitors growing more rapidly than Wilmington? c. Is it reasonable to assume that the competition will not purchase new technology grinders (either Icahn or one of the apparent German alternatives)? If instead you assume that Wilmington's competitors purchase modern grinders, how should the sales forecast be modified? d.What are possible implications of the higher quality taps produced on the Icah n (or similar) machines for unit sales projections and possible pricing differentials? e. Are there other aspects of the cash flow estimates which should be questioned? Tuesday, March 28:Wilmington Tap and Die (Continued) Case Submission #3 Due Thursday, March 30:Interco a. Assess Interco's financial performance. Why is the company a takeover target? b. As a member of Interco's board are you persuaded by the premiums paid analysis (exhibit 10) and the comparable transactions analysis (exhibit 11)? c.How does Wasserstein Perella's estimated valuation range of $68 – $80 per common share for Interco result from the assumptions in exhibit 12? As a member of Interco's board, which of those assumptions would you have questioned? d. How would you advise the Interco board on the $70 per share offer? Tuesday, April 4:Bougainville Power Station Reading:Brealey & Myers, Chapter 19 OR Ross, Westerfield, & Jaffe, Chapter 17 a. What are the values of loan subsidies on the English and Japan ese bids? b. What are the Present Values for the Interest Tax Shields on each bid? . Is 100% debt optimal for the power station equipment purchase? If not, how should the bid evaluations be adjusted? d. What is the appropriate discount rate for evaluating the Base Case NPV? Thursday, April 6:Southport Minerals Inc. a. What are the pros and cons of the approaches suggested in the case for evaluating the Firstburg Project? What are the advantages of APV compared with the approaches in the case? b. How would you estimate an unlevered cost of equity for this project? c. How should anticipated inflation be incorporated in the project evaluation? . Are there any assumptions regarding projected cash flows or loan repayments that you feel are either overly optimistic or overly pessimistic? Tuesday, April 11:Southport Minerals (continued) Case Submission #4 Due Thursday, April 13:Option Pricing and Real Options I Reading:Brealey & Myers, Chapters 20-22 OR Ross, Westerfield, & Jaffe, Chapters 22 and 23 Tuesday, April 18:Option Pricing and Real Options II Thursday, April 20:Option Pricing and Real Options III Tuesday, April 25:Wire Tel a.Estimate the value of the first generation product using APV. How much of that value is due to financing with the secured bank loan? b. What is the effect of the being able to sell the manufacturing equipment for $4 million in year three if demand for the first generation phones is low? c. What must be the minimum value of the growth option represented by the second generation product in order to justify starting Wire Tel? Thursday, April 27:MW Petroleum Corporation (A) a. Is it reasonable to expect that the MW properties are more valuable to Apache than to Amoco?What sources of value most plausibly account for the difference between buyer and seller? b. Value all the MW reserves using APV. Is your estimate more likely to be biased high or low? What are the sources of bias? c. How would you structure an analysis of MW as a portfolio of a ssets-in-place and options? d. Focusing on proved undeveloped reserves, what is the strike price for the embedded option? What are the current asset value, volatility, and other input parameters needed for an option valuation? Tuesday, May 2:MW Petroleum Corporation (continued) Case Submission #5 Due Thursday, May 4:Course Review Fin 4413 Finance 725Spring 2006 J. E. Hodder Corporation Finance Course Schedule Tuesday, January 17:Introduction Thursday, January 19:Clarkson Lumber Company Reading:Note on Financial Analysis a. How is the company's financial performance? (Examine  appropriate financial ratios. ) b. Why has Clarkson Lumber borrowed increasing amounts despite its consistent profitability? c. How has Mr. Clarkson met the financing needs of the company during the period 1993 through 1995? Has the financial strength of Clarkson Lumber improved or deteriorated? d. How attractive is it to take trade discounts?Tuesday, January 24:Clarkson Lumber Company (continued) Reading: a. Note on Financial Forecasting b. Note on Bank Loans a. How much of a loan will Mr. Clarkson need to finance the expected expansion in sales to $5. 5 million in 1996 and to take all the trade discounts? (Prepare a projected income statement for 1996 and a pro forma balance sheet as of December 31, 1996. ) b. As Mr. Clarkson’s financi al adviser, would you urge him to go ahead with, or to reconsider, his anticipated expansion and plans for additional debt financing? . As the banker, would you approve Mr. Clarkson’s loan request; and if so, what conditions would you put on the loan? Thursday, January 26:SureCut Shears, Inc. a. Evaluate SureCut’s financial performance using standard ratios. b. Why can’t SureCut repay it’s loan on time? In addressing this question, you may find it useful to construct a â€Å"sources and uses† statement for the period June 30, 1995 – March 31, 1996. Tuesday, January 31:SureCut Shears (continued) a. What actions would you recommend that SureCut take in order to address its financial problems? If Mr.Stewart agrees to a loan extension and your recommendations are implemented, when will SureCut be able to repay the loan in full? b. Would you, as Mr. Stewart, agree to a loan extension? What conditions or terms would you require? c. Compare the nat ure of the financial problems facing SureCut with those of Clarkson Lumber. Thursday, February 2:Advanced Technologies, Inc. Case Submission #1 Due a. In a volatile industry such as semiconductor equipment manufacturing, how useful is long-term financial planning? b. What are the key characteristics of ATI's markets and operating policies?How do these characteristics influence the company's financial structure? c. Has Mr. Michaels done a good job of financial planning? What set of possible conditions would place ATI under the greatest financing pressure, and how great would that pressure be? d. Should ATI sell equity in 1998, thereby bringing its financial structure more in line with those of its main competitors? Tuesday, February 7:Continental Carriers, Inc. a. How is the company's financial performance? (Examine  appropriate financial ratios. ) b. Given the nature of CCI’s business, how much debt can it support? . What are the respective costs of the different financing alternatives suggested? Thursday, February 9:Continental Carriers (continued) a. What information does the EBIT chart (Exhibit 3) provide? What inferences can we draw from it? b. What are the qualitative advantages and disadvantages of each of the forms of financing under consideration? c. How should the acquisition of Midland Freight be financed, taking into account the explicit costs of the different alternatives as well as other relevant considerations? Tuesday, February 14:Debt Policy at UST Inc . a.From the perspective of a bondholder, what are the primary attributes and business risks for UST? b. Why is UST considering a leveraged recapitalization after such a long history of conservative debt policy? c. Estimate the incremental effect on UST’s value if the entire $1 billion recapitalization is implemented immediately (January 1, 1999). Assume a 38% tax rate and perpetual debt. Also analyze, via a pro forma income statement, whether UST will be able to make interest pay ments. d. Would UST be better off with a different initial debt level? Should it adjust the debt level through time? e.Will the recapitalization hamper UST’s ability to maintain its long history of dividend payments? Thursday, February 16:No Class Meeting A â€Å"make-up† session is tentatively scheduled for 7:00 PM on Thursday February 2nd. The topic will be a brief review of Capital Structure Theory. Tuesday, February 21:Stone Container Corporation (A) a. Compare Roger Stone’s growth and financial strategies with those of his predecessors. b. Examine the sensitivity of Stone Container’s earnings and cash flow to the paper and linerboard pricing cycle. Assume sales volume of 7. 5 million tons per year and a 35% marginal tax rate.What would be the effect of a $50 per ton price increase? Is such an industry-wide price increase plausible? c. What should be Stone Container’s financial priorities in 1993? d. Of the financing alternatives described in t he case, which would be in the best interests of Stone’s shareholders? Which would be in the best interests of its high-yield debt holders? Which would be favored by its bank creditors? Thursday, February 23:Stone Container Corporation (continued) Case Submission #2 Due Tuesday, February 28:. Pioneer Petroleum Corporation a.Does Pioneer estimate its overall corporate weighted average cost of capital correctly? b. When evaluating projects and allocating investment funds among divisions, should Pioneer use a single corporate cost of capital or multiple divisional hurdle rates? If multiple rates are used, how should they be determined? c. Should all projects within a single division use the same hurdle rate? If not, how should different standards be determined? Thursday, March 2:Marriott Corporation: The Cost of Capital (Abridged) a. Are the four components of Marriott's financial strategy consistent with its growth objective? b.Why does Marriott use divisional hurdle rates inst ead of either a company-wide rate or project-specific rates? c. Estimate the WACC for Marriott as a whole. What risk-free rate and risk premium did you use in estimating the cost of equity? How did you measure the firm's cost of debt? Tuesday, March 7:Marriott Corporation (continued) a. Estimate the cost of equity, cost of debt, and WACC for Marriott's lodging and its restaurant divisions. b. What is the cost of capital for Marriott's contract services division? How can you estimate that division's equity costs without publicly traded comparable companies?Thursday, March 9:Pressco, Inc. (1985) a. What is the Net Present Value (NPV) of the mechanical drying equipment investment opportunity (as of December 1985) assuming a 12% cost of capital for Paperco? Assume the rumored new tax proposal is not enacted and the new equipment is installed in December 1986. b. What is the NPV of the investment project assuming that the new tax proposals are enacted, the new drying equipment is install ed in December 1986, and Paperco signs a binding purchase contract soon enough to be eligible for the 8% Investment Tax Credit and the use of ACRS depreciation? . Ms. Rogers knows that Paperco's management incorporated a 6% general inflation assumption into its overall cost of capital estimate. She also knows Paperco's management felt that fuel costs would remain unchanged through 1990 and then rise at 6% per year thereafter. How much, if at all, would the use of this information change the project's NPV estimate? Spring Break Tuesday, March 21:. E. I. du Pont de Nemours and Co. : Titanium Dioxide a. What are Du Pont's competitive advantages in the Titanium Dioxide market as of 1972? How permanent or defensible are they?What must Du Pont do to retain its competitive advantages in the future? b. Given the forecasts provided in the case, estimate the incremental cash flows associated with Du Pont's growth strategy and its maintain strategy for the Titanium Dioxide market. How much ris k and uncertainty surround these future cash flows? c. How might competitors respond to Du Pont's choice of either strategy? What other factors should Du Pont consider in making this decision? Which strategy do you recommend? Thursday, March 23:. Wilmington Tap and Die a. Are the inflation assumptions used in the cash flow projections onsistent with the implicit inflation assumption in a 20% hurdle rate? b. Critically evaluate the sales forecasts for Wilmington, its competitors, and the market as a whole. Why does exhibit 7 indicate a declining market share for Wilmington? Why are other competitors growing more rapidly than Wilmington? c. Is it reasonable to assume that the competition will not purchase new technology grinders (either Icahn or one of the apparent German alternatives)? If instead you assume that Wilmington's competitors purchase modern grinders, how should the sales forecast be modified? d.What are possible implications of the higher quality taps produced on the Icah n (or similar) machines for unit sales projections and possible pricing differentials? e. Are there other aspects of the cash flow estimates which should be questioned? Tuesday, March 28:Wilmington Tap and Die (Continued) Case Submission #3 Due Thursday, March 30:Interco a. Assess Interco's financial performance. Why is the company a takeover target? b. As a member of Interco's board are you persuaded by the premiums paid analysis (exhibit 10) and the comparable transactions analysis (exhibit 11)? c.How does Wasserstein Perella's estimated valuation range of $68 – $80 per common share for Interco result from the assumptions in exhibit 12? As a member of Interco's board, which of those assumptions would you have questioned? d. How would you advise the Interco board on the $70 per share offer? Tuesday, April 4:Bougainville Power Station Reading:Brealey & Myers, Chapter 19 OR Ross, Westerfield, & Jaffe, Chapter 17 a. What are the values of loan subsidies on the English and Japan ese bids? b. What are the Present Values for the Interest Tax Shields on each bid? . Is 100% debt optimal for the power station equipment purchase? If not, how should the bid evaluations be adjusted? d. What is the appropriate discount rate for evaluating the Base Case NPV? Thursday, April 6:Southport Minerals Inc. a. What are the pros and cons of the approaches suggested in the case for evaluating the Firstburg Project? What are the advantages of APV compared with the approaches in the case? b. How would you estimate an unlevered cost of equity for this project? c. How should anticipated inflation be incorporated in the project evaluation? . Are there any assumptions regarding projected cash flows or loan repayments that you feel are either overly optimistic or overly pessimistic? Tuesday, April 11:Southport Minerals (continued) Case Submission #4 Due Thursday, April 13:Option Pricing and Real Options I Reading:Brealey & Myers, Chapters 20-22 OR Ross, Westerfield, & Jaffe, Chapters 22 and 23 Tuesday, April 18:Option Pricing and Real Options II Thursday, April 20:Option Pricing and Real Options III Tuesday, April 25:Wire Tel a.Estimate the value of the first generation product using APV. How much of that value is due to financing with the secured bank loan? b. What is the effect of the being able to sell the manufacturing equipment for $4 million in year three if demand for the first generation phones is low? c. What must be the minimum value of the growth option represented by the second generation product in order to justify starting Wire Tel? Thursday, April 27:MW Petroleum Corporation (A) a. Is it reasonable to expect that the MW properties are more valuable to Apache than to Amoco?What sources of value most plausibly account for the difference between buyer and seller? b. Value all the MW reserves using APV. Is your estimate more likely to be biased high or low? What are the sources of bias? c. How would you structure an analysis of MW as a portfolio of a ssets-in-place and options? d. Focusing on proved undeveloped reserves, what is the strike price for the embedded option? What are the current asset value, volatility, and other input parameters needed for an option valuation? Tuesday, May 2:MW Petroleum Corporation (continued) Case Submission #5 Due Thursday, May 4:Course Review

People are determined to find a way to categorize books as

People are determined to find a way to categorize books as great or not. It is impossible to come up with a set of guidelines and requirements that will enable us to dub a book as great. Everyones view point is different. We have brought up the considerations of the book serving its purpose, and how important that purpose is. For a book to be great it should accomplish what it set out to do. It would be a rare thing for an author to accidently come out with something great. The importance of the purpose is a subjective topic. What is pertinent to one may not be to another. The subject matter does not need to be dark and heavy for a book to be effective. A great piece of literature should have you walk away affected. There is no way you will be able to come to a general consensus on whether a book is great or not. Literature is based on a personal relationship between the reader and the novel. I found Lolita, by Vladimir Nabokov, to be a great book. Simply, it is a work of art. Nabokov uses such beautiful language. His poetry manages to make the reader strangely comfortable with a sinister situation. It is able to make you sympathize with someone you would not normally. This book also goes deeper, showing the complexities of The names of characters in the book show the duality in themselves. They have repetitious names such as Humbert Humbert and J.R.,Jr. These represent the competing natures within everyone. Throughout the book Humbert professes his unconditional love for Lolita. He assumes the role of a parent, even buying books on how to raise children. At the same time, though, he pays her for sexual favors. Every human being has desires which clash with what is accepted by society. What distinguishes Humbert from the majority is that he acts upon them. In Humbert we find a man with qualities we can all relate to. At ...

Do You Need an Appendix in Your College Paper - Proofed

Do You Need an Appendix in Your College Paper - Proofed Do You Need an Appendix in Your Paper? The debate over whether the human appendix does anything useful rages on. Much less controversial are the appendices you’ll find in a dissertation or thesis. These are definitely helpful! However, not every college paper needs an appendix. And if you do include one, you need to make sure you do it right. Here, then, is our guide to using appendices in academic documents. Do You Need an Appendix? You will only need appendices in your paper if you have a lot of extra material that doesn’t fit in the main body of the document. For instance, if you have conducted a survey, you might want to focus on certain data in the Results section of your paper. You can then pick and choose the key information, with the rest given in an appendix. This should be pointed to in the main text as follows: The full data shows that political engagement is increasing among those aged 18-24 years (see Appendix A). Your reader would then know to look in â€Å"Appendix A† for the survey results. If you do not mention an appendix in the main body of your paper, however, it probably doesn’t need to be there. What to Put in Appendices But what should go in appendices? The usual candidates include: Raw test data or results Graphs, charts, and tables Maps and illustrations Letters and emails Questionnaires and survey forms Interview transcripts The most important thing is that you only include non-essential information in appendices. If you rely upon something in your arguments, make sure to include it in the main body of your work. How to Format Appendices The correct format for appendices will depend on your school’s requirements, so make sure to check your style guide or ask your professor. As a general guideline, though, you should: Put appendices after the reference list at the end of your document Use a separate appendix for each type of information Clearly label each appendix with a letter or number, plus a title that tells the reader what it contains (e.g., Appendix A: Survey Results) Include all appendices in the table of contents at the start of your document If you do all of this, you should have a good set of appendices on your hands!

International Business in the Emerging Markets Essay

International Business in the Emerging Markets - Essay Example The magnitude of this flow of capital is momentous, and although there are well-defined reasons for this trend it has caught many by surprise.† The increase in FDI investment has mostly been in East Asia and the Pacific, Latin America and the Caribbean, regions of Europe, and Central Asia. This means Africa and other parts of the world did not receive much in terms of FDI. The effect this has on the poorer nation is that it keeps their currency low and the amount of available jobs are low as well as the economy being flat. The effect on the countries that receive investments are a higher foreign exchange reserve, more jobs, and a higher GDP. (2) China’s energy policy and its impact on developing countries in Africa and Asia. China is now the greatest energy consuming country in the world, surpassing the US based on the IEA (International Energy Agency) findings. Although Chinese officials dispute that the country is responsible for 2.25 billion tons of energy consumption , the country did admit to stockpiling oil when there is a lull in purchasing. China is also the leading gas emitter so it makes sense that China would be the largest consumer of energy. Also China spends the most amount of money on green technology. China has such a desire to dominate the oil market that is has gone against sanctions in order to invest in Iran. This means that not only are the Chinese going against what the world is trying to accomplish but also are strengthening the Iranian mindset of misinformation. Due to the fact that Chinese officials focus on controlling demand of gas by emphasizing price impacts the developing countries like Africa and Asia because the prices in these two countries are much higher than what would be in China. Why? Well first of all purchasing from Iran would lower prices but also being a major buyer in the market can allow for more pressure on the market. In Africa there is little pressure on the market for energy and Asia outside of China's consumption has a much lower energy demand. By cornering the market with the U.S, China is essentially decreasing the likelihood that Asia and Africa will ever be able to afford the energy costs. Even if these countries can afford it, are the citizens willing to pay for this consistently, or will they tire of high energy prices? The effect on Africa and some parts of Asia will be a lack of the supply of energy and therefore power outages, inability to drive cars, and issues of this nature. As a NY Times article states: â€Å"Power blackouts — â€Å"load shedding,† in utility jargon — are hardly novel in sub-Saharan Africa, where many electricity grids remain chewing-gum-and-baling-wire affairs. Even so, this year is different. Perhaps 25 of the 44 sub-Saharan nations face crippling electricity shortages, a power crisis that some experts call unprecedented. The causes are manifold: strong economic growth in some places, economic collapse in others, war, poor pl anning, population booms, high oil prices and drought have combined to leave both industry and residents short of power when many need it most.† These outages can be crippling for small businesses such as farms, and production companies. Factories would have to build another day and the company loses because they are unable to meet their obligations. (3) The drivers of globalization amid the current financial crisis. Before we can talk about globalization we must