Saturday, December 28, 2019

The Importance Of Effective Communication And Cultural...

As Australia becomes more culturally diverse, so do the patient populations served by the hospitals; and the ability to effectively communicate as a health professional becomes a powerful tool. Queensland Health stated that, it recognises that in order to achieve its purpose of providing safe, sustainable, efficient, quality and responsive health services for all Queenslanders, it is important to ensure that the services it provides are culturally competent. Being able to effectively communicate is a vital component and element in all areas of the nursing profession as well as being culturally competent. It is vital in all its interventions such as treatment, therapy, rehabilitation, interventions, education and health promotion. This dynamic component of nursing is known to be recognised as a priority across most western if not all health care facilities as it directly affects quality of patient care, medical outcomes and patient safety as well as patient satisfaction. The purpose of this essay is to discuss and reflect upon the importance of effective communication and cultural competency in a hospital setting and its significance in quality patient care and safety. To do so, the essay will use an example of a communication gap experienced by the writer (Student Nurse) during a clinical practicum in a general ward and decisions made thereafter with the collaboration of other health professionals to close the founded gap and deliver safe quality patient care. The mainShow MoreRelatedA Culturally Competent Health Care System1586 Words   |  7 PagesCultural competency is a set of appropriate behaviours, attitudes and policies among professionals and enables them to work efficiently in cross-cultural situations (NCCC, 2006). A culturally competent health care system can eliminate cultural inequities, provide greater quality of care, and have less patient dissatisfaction and more positive health consequences. A conclusion reached in a study (Palafo x et al., 2002) states, culture influences the outcome of medical examination and; therefore, itRead MoreDiversity and Cultural Competence in Family Therapy Essay1050 Words   |  5 PagesDiversity and Cultural Competence in Family Therapy A therapist will face problems, issues and client troubles everyday. The professional must understand how their client relates to the world around them. These feelings and ideas affect how the client sees the problem and how they respond to their situation. Their actions, in turn, have bearing on individual thoughts, needs, and emotions. The therapist must be aware of the clients history, values, and culture in order to provide effective therapyRead MoreSkills and Competencies818 Words   |  4 PagesSkills and Competencies Patricia Rosemond Elms College Skills and Competencies Nurses for the future-Communication Many people refer to their strong communication skills, but communication is really a competency that relies on a combination of certain skills, behavior and knowledge. To communicate effectively a person may need to understand cultural diversity, have advanced language skills, and behave with patience. Interpersonal communication is essential in every area of life, but it especiallyRead MoreWhat Is Cultural Intelligence (Cq)?. The Cultural Intelligence1494 Words   |  6 PagesWhat is Cultural Intelligence (CQ)? The Cultural Intelligence Center defines CQ as a tool that â€Å"measures your capability to relate and work effectively in culturally diverse situations† (What is CQ Anyway?, 2017), noting that CQ is a form of intelligence that has been tested by academic researchers in over 98 countries for nearly two decades. Cultural Intelligence (CQ) is the ability to understand key cultural standards of a colleague’s culture, to listen, discern, and modify someone’s behaviorRead MoreCultural Competency in Nursing Care1697 Words   |  7 PagesCultural Competency in Nursing Care Dorcas Jacobs Grand Canyon University: NRS 429V Family Centered Health Promotion September 29, 2013 Cultural Competency in Nursing Care As the United States becomes more and more culturally diverse one cannot help but be exposed to various cultures and worldviews. America has long been called the melting pot, and that term has never been truer than it is today. According to Green and Reinckens (2013) the U.S. Census Bureau estimates that by the year 2041Read MoreCultural Competency And Social Work Practice1098 Words   |  5 PagesThe BusinessDictionary.com defines cultural competency as, â€Å"A set of behaviors, policies, and attitudes which form a system or agency which allows cross-cultural groups to effectively work professionally in situations. This includes human behaviors, languages, communications, actions, values, religious beliefs, social groups, and ethic perceptions. Individuals are competent to function on their own and within an organization where multi-cultural situations will be present† (2016). Our communitiesRead MoreCultural diversity is defined as the cultural variety and cultural differences that exist in the600 Words   |  3 PagesCultural diversity is defined as the cultural variety and cultural differences that exist in the world, a society, or an institution and or the inclusion of diverse people in a group or organization. (dictionary.com) This paper will discuss some of the general competencies required to be successful while working in a culturally diverse environment. Not only is diversity in the workplace inevitable it is necessary and makes perfect business sense. The concept of diversity within the workplace includesRead MoreCultural competency in Nursong Care1684 Words   |  7 Pagesï » ¿ Cultural Competency in Nursing Care Dorcas Jacobs Grand Canyon University: NRS 429V Family Centered Health Promotion September 29, 2013 Cultural Competency in Nursing Care As the United States becomes more and more culturally diverse one cannot help but be exposed to various cultures and worldviews. America has long been called the melting pot, and that term has never been truer than it is today. According to Green and Reinckens (2013) the U.S. Census Bureau estimates thatRead MoreThe Culturally Competent Health Care Workforce916 Words   |  4 Pagesto Patients’ Treatment Cultural competence is the knowledge, skills, and attitudes of the individual health care professionals when they treat individual patients who are from different race, ethnicity, and religion and diverse backgrounds. In the U.S, some patients receive equal treatment in the health care facilities, but others receive unequal treatment because they are from diverse backgrounds. In the article, â€Å"Cultural Clues† Melissa Hansen focuses on the importance of culturally competentRead MoreBusiness Management And Hospitality Industry1370 Words   |  6 Pagesknowledge and skill in their field, but they also are also looking for a member who can be an effective team player and possess a good communication skill. Although, these skills were the basis of business management and hospitality industry, they have been increasingly required in health care industry and have become and important aspect for job seekers in healthcare. Importance of Professionalism, Communication and Collabo ration in Workplace Professionalism often gets interpreted as the knowledge of

Friday, December 20, 2019

Marriage Is A Part Of Most People s Lives All Across The...

Marriage is a part of most people’s lives all across the world. No difference in religion, culture, or country matters; marriage is a universal concept. People brought together by love. Today more than half of all first marriages end in divorce and sixty percent of all second marriages end in divorce. These statistics bring the rise of questions concerned of the shocking numbers. What happens during that time that causes such destruction on the people and the relationship? This subject of marriage and the increasing statistics of failing marriages is worthy of study, effects me personally, and could be studies further. Marriage is worthy of study for many different reasons. Marriage is a part of many people’s everyday life all across the globe. Whether it be you are married yourself and are dealing with the struggles that come along with marriage, are just a kid and have happily married parents, or a child whose parents are dealing with a messy divorce, or possibly just a single man or woman with the hopes of marriage in the future; chances are you fall into one of these categories. With that being said, this means there is an immense amount of people struggling everyday through an unhealthy relationship. If the reason for these debacles is studied, there is a possibility for finding the reasoning behind it and eliminating it. This would lead to a decrease in the number of divorces and lead to more happily married, thriving couples. This is important to study because notShow MoreRelatedA Brief Note On The Movement And Exchange Of Goods, Services And Ideas1471 Words   |  6 PagesGlobalism is the movement and exchange of goods, services and ideas between different parts of the world. It is a term used to describe the process going on in the world in which people from all over the world are unified into a single society and function together. This term is often used to refer to economic globalization: the integration of national economies into the international economy through trade, foreign direct investment, capital flows, migration, and the spread of technology. GlobalismRead MoreSupreme Court Rules Gay Marriage939 Words   |  4 PagesThe article I choose was called Supreme Court Rules Gay Marriage Is a Nationwide Right. The Supreme Court on Friday ruled same-sex couples across the nation have a protected right to wed, a milestone choice that scrapes away state bans on gay unions and tops a fast American change on the importance of marriage (Bravin, 2015). The 5-4 choice composed by Justice Anthony Kennedy, his fourth real gay rights, administering more than two decades, struck down limitations in power in 13 states and meansRead MoreThe Fight For Equal Rights For Same Sex Marriages Across The United States1393 Words   |  6 PagesThe Fight for Equal Rights for Same-Sex Marriages across the United States Having one loving parent is good. Having two loving parents is great. Having a mother and a father is traditional. Having two mothers or two fathers is wrong. This is what we are told to believe but as we learn from our past and grow as a society, we start to look for positive change in which our values are challenged and the truth becomes clear. It is not right to take away the basic rights of a person because ofRead MoreThe Love Sick Society1531 Words   |  7 PagesSick Marriage When we talk about marriage in this time period, we always expect there to be a sense of love behind this status, for the most part. However, where did this concept of â€Å"love† come from? Marriage in the past was very rarely associated with love. Love was seen as detrimental to the concept of marriage. In fact, in Ancient China, love was seen as â€Å"disruptive† and an act of being â€Å"antisocial† (Coontz 378). So the question we ask ourselves is, where did this idea of love in marriage comeRead MoreComparing And Contrasting Cultures Essay1417 Words   |  6 PagesIt can also be easily made up of a composed arrangement of educated conduct and thought designs. Culture is a sorted out framework since it includes many parts. Throughout the world, there are many cultures that are both very different and also very similar. Culture encompasses religion, food, what we wear, how we wear it, our language, marriage, music, what we believe is right or wrong, how we s it at table, how we greet visitors, how we behave and one million other things. (Cristina De Rossi.)Read MoreWomen s Age Of Marriage Essay1238 Words   |  5 PagesAround the world, marriage is a very important aspect in world culture; however, in the America’s marriage seems to dominate young adults lives, especially women, to a different extreme. The gender ratio in national parliament has always been more men than women. There are many variables that one can use to measure this uneven ratio; however, the most important variable that contributes to this outcome is the average age of marriage of the country. If a country s average age of marriage is young,Read MoreThe Southern Baptist Convention778 Words   |  3 PagesSouthern Baptist Convention is the largest denomination in the world. Claiming about 16 million followers of Christ, the convention is known for its mission work and outreach programs designed to draw in more and more members each day. The conventions future , though, did not always look so bright. The convention was and still does play key parts in world controversy’s like war, homosexuality, race, and women’s rights. Many would even say the world looks up to the Southern Baptists. Which makes me ask myselfRead MoreWilliam Wilde s The Importance Of Being Earnest Essay820 Words   |  4 Pagesin Wilde s The Importance of Being Earnest. During the Victorian times, being proper, rich is very important. Having the right manners, reading the right things, marry the right person. Is big during this time period. They only talk about certain things in good company. They live on the right block, having the right clothing is very important. In Wilde Importance of being Earnest in the first scene there was humor in there. Algernon was stuffing his face. Wilde likes to make fun of all VictoriansRead MoreHow Groups Throughout The United States Essay926 Words   |  4 PagesThis essay will discuss how groups in the U.S. have worked to confront and transform oppression through three different social movements. The following social movements will be discussed: Marriage Equality (Gay Rights Movement), Occupy Wall Street, and Black Lives Matter. I have explored each movement’s history, origins, and key players. Also, how and why the movement emerged. In addition, I will talk about some of the strategies employed by each movement, what the movement achieved, and how technologyRead MoreSymbolic Interactionism : Homosexuality As A Society1526 Words   |  7 Pagesother for what a proper response to something may be. As children, we first look to see our mother’s reaction after falling down; if she is calm, I shoul d also be. We look to each other for what a definition of things should be, as well. In the 1950’s, it was generally obscene for a woman on television to show her belly button, whereas today we will show nude breasts on primetime programming. This follows the sociological theory of symbolic interactionism, where society and individual social interaction

Thursday, December 12, 2019

Extended Functional Fixation Hypothesis †MyAssignmenthelp.com

Question: Discuss about the Extended Functional Fixation Hypothesis. Answer: Introduction: The focus on superannuation contributions has witnessed an increasing trend in the present scenario. Furthermore, the superannuation fund manager (Unisuper Ltd) has offered two different types of plan to the tertiary sector employees so that they can decide whether to place their superannuation contributions in an Investment Choice Plan or Defined Benefit Plan. Unisuper provides services and manages the superannuation funds for the employees in the tertiary sector. In relation to both these plans, studies have stated that risk transfer costs are the key reason why tertiary employees have a minimal acceptance rate for the Investment Choice Plan. In addition, studies have depicted that both those who selected to stay in the Defined Benefit Plan and those who chose to transfer to the Investment Choice Plan were prepared to take into account tradeoffs in their choice[1]. The employees in the Defined Benefit Plan were prepared to forego an enhanced quantity of expected benefits for higher security of advantages expected in the plan, whereas the employees of Investment Choice Plan were prepared to forego such benefits or security and expected risk of larger investment in exchange for a greater control and greater expected quantity over their benefits[2]. Further, variations in financial proficiencies and variations across academic disciplines assure that risk transfer costs were the prime cause for the majority of employees rejecting the Investment Choice Plan. This makes it clear that employees who are not willing to undertake any risk are more likely to select the Defined Benefit Plan and employees who are ready to undertake high risks in expectation for a higher return are more likely to select the Investment Choice Plan[3]. Another factor that must be considered by such tertiary sector employees in order to decide whether to place their superannuation contributions in Defined Benefit Plan or Investment Choice Plan is that in a defined benefit plan, the sponsoring employers assure to offer a specific level of advantages during the retirement of employees[4]. This retirement benefit is generally ascertained as a multiple of the final salary of the employee and his years of service. Besides, employers fund this assurance through periodic contributions. However, if the fund is insufficient, for instance, returns on assets held in such superannuation funds are lesser than anticipated; it is the duty of the employer to make good such deficit by making further contributions towards the fund. On the contrary, in Investment Choice Plan, employees can select the type of portfolio to decide where their superannuation contributions must be invested. In such plan, employers are only liable to pay an agreed percentag e of superannuation contributions to the fund. Once such contributions are made to the fund, the obligation of the employer is completely discharged. Therefore, since the return of employees under this plan is generated based on the selection of their choices, they are liable to bear the risk related to the same. Moreover, employers sponsoring the Defined Benefit Plan bear the risk that advantages will cost more than the anticipated risk, and the risk that invested assets will provide inappropriate returns[5]. Therefore, they efficiently undertake the plan and bear the investment and administrative expenses related to the operation of the fund. On the contrary, because the duty of employers is discharged in Investment Choice Plan, employees become vulnerable to fluctuations in the investment returns and hence bear the investment and actuarial risks related with the fund. Nonetheless, when benefits are restructured because of an alteration from a defined benefit plan to investment ch oice plan, several risks, and related expenses efficiently is transferred from the employer to the tertiary employees[6]. This phenomenon is also called risk transfer costs. Hence, the obligation of employees to make good the shortfall also becomes a factor for tertiary employees to make a valid decision. Another reason as to enable the tertiary employees to decide whether to place their superannuation contributions in either of the plans is the expectation regarding the standard of living after their retirement[7]. In other words, the main goal of superannuation contributions made by an employer and employee is to ensure that the employee gets a sufficient amount of benefit after his retirement[8]. Therefore, the decision as to whether such benefits must be higher or not directly relates to the selection of either of the plans. In relation to the above, if an employee has more than one source of income apart from his or her superannuation fund, then an Investment Choice Plan would be more advantageous to them because having more than one source of income can allow them to undertake higher risks in lieu of a higher return. In other words, the employee can gain uniformity with the other sources of income through such higher risks, and he can anticipate a greater rate of return on the superannuation contributions. On the contrary, if such an employee does not procure additional sources of income except superannuation funding, then an Investment Choice Plan will not be favorable to them because it facilitates in a higher risk in anticipation for a higher return. Nevertheless, having no additional source of income can prove effective in Defined Benefit Plan as it can provide a uniformity of revenue after retirement with minimally involved risks in the plan. In addition, the characteristics of workers are contrib utory factors to variations in the anticipated value of benefits attained from both the plans. Such workers characteristics comprise of years of service, age, longevity after retirement, etc. The key risks that result in differences in the anticipated values of both the plans are those related to financial market risks and changing jobs as a whole[9]. According to studies, employees in the Defined Benefit Plan undertake the risk of market mobility of labor because their entire working life advantages are minimized because of the use of financial earnings formulas. In other words, frequent changes of the job will result in multiple Defined Benefit Plans and destruction of the aggregate benefits. As a result, it is expected that employees who alter their jobs on a frequent basis prefer Investment Choice Plan instead of a Defined Benefit Plan. In relation to the above, the issues of the concept of time value play a key role in the decision-making process regarding superannuation. This is because studies have depicted for main drivers of selection of an effective superannuation plan. These drivers are the length of time invested, costs, performance, and security. The concept of time value of money states that the value of money today is more relevant than the value of money in the future. The reason behind this can be attributed to the fact that there are in reality, no uncertainties with time and instead, it primarily depends upon the account of timing. Moreover, an investor is keen to know what part of his income will fetch him an effective return and in what time. Nevertheless, this variation in the present value of money and future value of money is the concept of time value of money. The issues that are prevalent in this concept form a significant part of the decision-making process in relation to superannuation contri butions. Employees make a significant contribution to their earnings towards superannuation funds in order to procure an effective return after retirement. Further, the income received by such employees are again reinvested by them in order to enhance their returns with the due passage of time. Since due passage of time refers to a huge consummation of time, it is very vital that such employees utilize the concept of time value of money in order to compute the future value of their investments. Besides, according to the concept, if an investment consumes a higher amount of time, it is more likely to fetch higher returns than an investment with a lower amount of time[10]. Therefore, the investment concept regarding the time value of money is very vital for the investors or employees in order to assure that their investment will fetch them an effective return in a proper time. Further, an employee who does not consider the investment issue of the time value of money is more likely to suffer loss. On a whole, by making an effective investment in an appropriate portfolio with the help of a superannuation fund can allow the employees to procure higher benefits in their time of retirement. The issues of the time value of money concept are also related to the risk appetite of the employees because superannuation funds can be procured after retirement and it takes years for such process to happen. Moreover, generally, a higher period of investment ensures higher returns because more risks have been undertaken in this case. However, losses may still happen in bad years where such risks were undertaken and patience maintained goes in vain. Therefore, proper planning of strategies must be made by the employees in order to determine the time period for which they are ready for investment and in what kinds of assets. On a whole, a balanced approach is a key towards procuring higher returns in an appropriate time. Over the past fifty years, Efficient Market Hypothesis (EMH) has been the subject of intense debate and rigorous academic research. According to this theory, it is not possible to beat the market because the prices already accommodate and depict all significant information. Moreover, supporters of such theory believe that it is irrelevant to look for undervalued stocks or attempt to forecast market patterns through technical or fundamental analysis. However, the efficient market hypothesis does not mean that the selection of portfolios by pension fund managers must be done with a pin. In relation to this, the pension fund managers have three relevant jobs to do. Firstly, the pension fund manager must make sure that the portfolios are well diversified in nature[11]. Moreover, in relation to this, it must be noted that a large number of stock is not sufficient to ensure diversification. On the contrary, diversification signifies that investments can be made in various stocks that are f rom the same kinds of industries. Hence, the pension fund manager must always make sure that throwing pins or darts at the stock page may allow them to generate a diversified portfolio but there is no method to control for the anticipated risk or return of the resulting portfolio. Secondly, the pension fund manager must ensure that the risk of such diversified portfolio is adequate for the managers clients. This is because pin risk occurs when a seller is incapable of speculating his position and therefore, it is the duty of the pension fund manager to consider the risk appetite, which they can bear before investing the resources of their managers clients. Nevertheless, in the case of pension funds, the manager must select investments that are safer and can offer stagnant returns, which depict of selecting such stocks or shares that have a lower risk. Thirdly, the pension fund manager might intend to tailor the portfolio in order to attain advantage of special tax laws that are applicable to the pension funds. In relation to such special tax laws, it must be noted that these play a key role in ensuring the likelihood of enhancing the expected return of a portfolio without enhancing the risks[12]. Moreover, the position of tax of an investor is the ultimate aspect of investment of funds in order to gain a higher return[13]. Therefore, it is the duty of the pension fund manager to select a portfolio that possesses the efficacies of such special tax laws so that higher quantum of benefits can be obtained. Besides, such benefits can only be obtained in the case of pension funds. Nevertheless, based on the efficient market hypothesis, since stocks often trade at their fair prices on their respective stock exchanges, it becomes problematic to sell stocks at an overstated price or procure undervalued stocks[14]. Hence, in lieu of the pre viously mentioned reasons, it can be stated that even though the efficient market hypothesis is true, it does not imply that the pension fund managers must select the portfolios with a pin. Bibliography Ball, Patrick, The Theory of Stock Market Efficiency: Accomplishments and Limitations (1995) 8 Journal of Corporate Finance 18 Brealey, Richard A, Myers, Stewart C Allen, Franklin, Principles of corporate finance (New York, 2011) Brigham, Eugene F Daves, Phillip R, Intermediate Financial Management (USA, Cengage Learning, 2012) Choi, Frederick D Meek, Gary K, International accounting (Pearson, 2011) Christensen, John, Good analytical research (2011) 20 European Accounting Review 51 Deegan, Craig, In Financial accounting theory (North Ryde, N.S.W, McGraw-Hill, 2011) Fama, Eugene. F, Market Efficiency, Long-term Returns, and Behavioral Finance (1998) 49 Journal of Financial Economics 306 Goyal, Amit Wahal , Sunil, The Selection and Termination of Investment Management Firms by Plan Sponsors (2008) 63 Journal of Finance 1827. Graham, John Smart, Scott, Introduction to corporate finance (Australia, South-Western Cengage Learning, 2012) Hand. J.R, A Test of the Extended Functional Fixation Hypothesis (1990) 65 Accounting Review 753 Kalpan , Steve Schoar, Antoinette, Private Equity Performance: Returns, Persistence, and Capital Flows (2005) 60 Journal of Finance 1823. Libby, Robert, Libby, Patricia Short,Daniel,Financial accounting (New York, McGraw-Hill/Irwin, 2011) Melville, Alan, International Financial Reporting A Practical Guide (Pearson, Education Limited, UK, 2013) Merchant, KA, Making Management Accounting Research More Useful (2012) 24 Pacific Accounting Review 34.

Wednesday, December 4, 2019

Contributions of Agriculture to Employment †MyAssignmenthelp.com

Question: Discuss about the Contributions of Agriculture to Employment. Answer: Introduction Globalization constructs a world market where price efficiency can be outstretched. Almost every country is someway influenced by globalization. Globalization however, has an positive impact on China because as its condition prevails it has the most lower cost labour facilities as well as the manufacturing costs are also much lower. Therefore, China gets attracted by the global investors and with their help China has lowered its poverty. China is ruled by communal government but then also they are following western outlook as their policy to expand their economic growth by enhancing a well planner of globalization. The role that is played by Globalization in the present world is huge. However, China who entered the wto few years back go immensely benefited by it but Globalization has both negative as well as a positive effect that no one can ignore. Therefore, Globalization is an essential component that is necessary for any nation to prosper as well as develop. This study is focusse d on identifying in detail the impact of globalisation on China. The impact will be related to the current changes as well as the future changes. The study also recommends two industries, which a UK client can utilise to enter into China. Those two industries are automobile manufacturing and beef agricultural industries. This further justifies the recommended industries. Moreover, the paper also recommends an appropriate entry mode in China with suitable justification too. Foreign Direct Investment and trade are the two important factors that have contributed largely in such a transition in the country. The rapid growth in terms of biggest exporting country and the largest secondary economy has become possible because of foreign direct investment. The process of reforms that has started in the late 1970s has helped China developing its economy and human resource. The strategy to represent it as an open economy to the global world has helped in attracting various international markets. Investments and international trades have been the biggest assets in the rising industrialisation in China. Consequently, the country has continually maintained a uniform growth rate in GDP. The export oriented strategy of the country was largely financed by direct foreign investments. The growth in GDP can be understood with the help of data submitted by the World Bank national accounts data and OECD National Accounts data files (Holz 2014). There has been a significant transition in the different industrial regions in China. The agricultural economy of the country did transform into an industrialised economy. The rural based society did transform into an urban based society. The country has actually carried on reaping the benefits of globalisation. The expansion is enlarged now due to a reduced barrier into foreign countries. However, there are still barriers from some international companies especially from the United States. America has been in continuous threat ever since 1972. They have tried to sharpen their policy against China. This is for a reason that trade policies of China have kept on frustrating the United States (Bader 2017). China strategically plays a significant role by following the Western model of approach to develop their economic growth. In the year 2001 in September, China joined the prestigious World Trade Organization (Shambigh 2013). Globalization has brought many changes and influences on China and they are:- Economic growth: As per the given statistics of the year 2016, China was successful in making nearly 1413 billion dollars, which stands in the sixth place. From 1965 to 1979, Chinas GDP grew 7% but after making a successful entry into the global market, China was successful in making its GDP nearly 10.5% in the year 1980 to the year 1990 (Wei 2013). In the year 2017, it is being stated that the production level in the Chinese Industry has increased by 15% while the demands of the consumer has been enhanced by 10%. In the year 2017, the GDP of China has come to 6.9% and it ranked 71st in the report of GDP per capita rank. In terms of PPP, China stands second in the world after United States of America (Wei 2013). Economic development: In terms of Economic development, according to the index,, China ranks 94th and as per the current scenario of China it is at 16.6% of the Chinese population who lives under poverty. However, the Chinese government is taking the initiative to lower it down for the last 23 years (Wang 2017). Increasing the mode of savings: In 1997, the US dollar of 560 billion was the saving deposit of the civilians in China. However, in 1978 the amount increased to 218 times more than it was a year before which means there was an increase of 32% within a year (Zafrahullah and Haque 2017). Along with currency savings there was also increase in stock and debentures as well as financial assets by 725 billion US dollar (Wang 2017). The negative impact that globalisation has brought in China is reflected through their utilization of the finite resources and the changes in their climatic conditions with every passing day. However, the graph below illustrates the consumption rate of coal in China which has increased since 2002. Improve in the arena of tourism, import and export: In the year 2003, China became the member of the World Trade Organization and this further improved the status of the country by making it a more attractive nation in the world. In the year 2017, the export has increased to around 34%, import to around 41%, and the revenue share of the tourism industry has increased to 9.8% (Jarreau and Poncet 2012). Many developed countries have been positively benefitted from globalisation. Globalisation has influenced human capital and technology positively in those few countries. However, on the other hand, developing countries rely hugely on the foreign direct investment to get benefitted from globalisation. China is one of those, which is highly benefitted from an incrementing foreign direct investment (Shambigh 2013). Globalisation of China in future As per IMF, it was believed that China would overtake the United States in terms of highest purchasing power parity (ppp) in the year 2016. Throughout the decades, it has made extensive investment in amplifying the capabilities to build economic links with many countries. It has been seen as an overseas partner as well as the investor (Martel 2016). The following diagram would show how China is being forecasted to overtake United States as the worlds dominant economic power by the year 2030 based on the share of international GDP exports and trade (Morrison 2014). One of the important developments is the One Belt One Road initiative along with its two pillars and the 21st century Maritime Silk Road and Silk Road Economic Belt (You 2016). This developmental project of OBOR incorporates a territory, which is equal to 56% of the international GDP, 71% of the population and 75% of the energy reserves. One building block one Belt one Road, which is also known by the name OBOR is known as Regional Comprehensive Economic Partnership (RCEP). The driven alliance of China would constitute New Zealand, Australia, China, Japan, South Korea as well as the region of ASEAN. The below diagram would make the concept clear about the growing silk route of China (You 2016). China has moved to Africa and has invested in many big projects (Summers 2016). One of the important projects is the Standard Railway Gauge in Kenya. There are also the developments like the deepwater ports in the cities of Kenya. They in future are likely to transform into industrial hubs, by following the eye-catching developmental model of China. Till the year 2017 in terms of the development of Industrial sector which comprise of outflow, inflow, tertiary and China has expanded by incorporating itself in the international economy if their international growth is considered. China is gradually reinforcing its global position among the other countries of the world. Today, China is not only regarded as the second largest economy but also as the emerging powerful international economy at the intercontinental level (Coase and Wang 2016). The membership of China in WTO has given China the valuable opportunity to liberalize their regime in order to integrate in the world economy and in the reign of globalization. It has offered China a pleasant environmental business situation for the foreign trade investments as it is confirmed by the regulations of WTO. This has made things possible to reduce the level of corruption in the system of politics, which magnifies its index and helps China to rise up in the ranks by becoming more attractive to the investors and traders. By keeping these important trends in mind, it is important to analyze the agricultural and manufacturing sectors of China and how they are being affected by globalization (Coase and Wang 2016). The current meeting, which took place in Xiamen, is regarded as a sign of growing rapprochement between the two important players, India and China. The meeting was preceded by an immediate diplomatic resolution to the current crisis at Doklam. From this BRICS summit the fact is lucid that China still gives importance to its values to the BRICS summit by being a diplomatic forum (Armijo and Roberts 2014). Indeed, in this era of globalisation, China has solidified its position as an important protagonist as both Brazil and Russia are dependent on the commodity boom of China. Therefore the real quandary is always being India. The staggering growth of GDP that China has achieved over many years is yet to register the results of the investments and if those investments generate few or no return, the write- downs of the consequent stages would weigh down on the GDP figures of China for the coming years. India, however, on the other hand, has registered a higher growth rate last year than C hina. The country is having a greater deal of catching up growth and unlike China; India is having a government that has the appetite to introduce beneficial reforms in structure, which would act as an important drive for the future growth rather than investment made out of debt fuelled exports and investments. Therefore, from here, it can be stated that India is gradually coming up in the global competitive business market. Impact of globalisation on Chinas automotive industry and agricultural industries The Government of China is working hard to foster its automotive and agricultural industry. In this respect, in order to enhance the profit of their market, the government is welcoming other industries to invest in their market. Initially, China attracted many international companies to do business in their country like Nike which is an American based company but has a powerful sale base in China and this has further resulted in the rapid increase of foreign investments in the market sectors (Li et al 2017; Zafrahullah and Haque 2017). The automotive industry of China has provided livelihood opportunities to the civilians of their country and on the other hand, the agricultural industry has benefited from the export of products to Canada, USA and Britain. Therefore, by keeping in mind the important trends, it is important to further justify the industries of United States, who are planning to enter China. However, the country has to face strict legal restrictions in the context of th eir industry. The legal instruction has become an effective part of the globalization and accordingly, by keeping the trend of globalization in mind, there are as well certain opportunities and challenges, in this respect, which the country has to face (Li et al 2017). China, however, as an international economic leader has miraculously modified its economy from a primarily agricultural one which was mainly closed to global trade to an industry oriented one with vital banking and private zones. Therefore, China at present is in the top of the charts of the countries for those who want to enlarge and invest globally. Moreover, for many the cultural differences might appear difficult to enter the industry in china and conduct business but it can easily be turned into a competitive advantage. China is the largest appearing market economy in terms of both population as well as overall economic productivity. China is arguably the most important manufacturer and industrial producer in the world, which alone can account for more than 40% of the gross domestic products as well as GDP of china (Fioramonti 2013). Moreover, china is also among the largest exporter and second largest importer in the world, including the consumer markets that are rapidly expand ing. Therefore, the important industries in china comprise manufacturing, agricultural and telecommunication services. Automobile manufacturing industries in the foreign countries has an increase in their prices, giving pressure to their labours to learn new skills and reduction in the different goods offered (Ruigrok and Van Tulder 2013). It has been seen that the labour cost in china is way cheaper than in any of the foreign countries and they are even more skilled and trained professionals. The foreign multinationals those who want to enter China are mainly because maximum labours in the foreign countries are not trained in the skills that are necessary to effectively produce ample quantities of products. China and Mexico has the maximum number of qualified labours that are way more trained and specialized for a manufacturing industry. However, in many countries the number of factories is limited and staffs are not that much specialized in the diverse techniques that are important to manufacture their goods (Egilmez, Kucukvar and Tatari 2013). Agricultural industry plays a major role in maximum places because it is a net food exporter. However, there is pursuing decrease of small family firms in the foreign countries because the people who are working in these industries are mainly cut in half as large companies are mainly dominating the agriculture of those countries. Commercial fishing has been seen to have reduced in many countries for the last 30years (Mallory and Panel 2012). However, China and India stands in a much better condition when it comes to manufacturing food in comparison to any other foreign country. China has a larger workforce which is an advantage for them to produce high agricultural products (Vergati and Sumner 2012). Introduction of the Two Industries chosen The biggest manufacturing industries in the foreign countries by revenue involves the petroleum, steel, automobiles, mining, lumber, food processing, consumer goods, electronics, chemicals, aerospace and telecommunications. In the recent years there has been an increase in the dispute about the industrial productions in many countries for which foreign multinationals can avail the opportunities that China is providing them. China has an edge with it in terms of skilled labours and the labour cost. It has the cheapest labour cost in the world (Ceglowski and Golub 2012). Additionally, the labours are skilled, which is very rare with the United States. On the other hand, China is a beneficial place for the manufacturing industries as well. It is because of various reasons such as the low labour cost in the country. This is really understandable that if a country is offering skilled labours and on a comparatively lower cost, this will simply attract foreign investors specially the automo bile manufacturing as well as agricultural industries to grab the opportunities that China is offering to them. This is exactly what is happening. This was a direct benefit of globalisation that China has witnessed. It has attracted so many foreign investments mainly from the automobile and beef manufacturing industries. However, foreign countries need to be cautious of the legal policies, which are somehow very resistive to foreign companies especially to an American company (Egilmez, Kucukvar and Tatari 2013). The above graph clearly shows the inflows of foreign direct investment in China has kept on increasing year after year. The graph indeed support the fact that foreign direct investors are getting attracted to the country for many reason such as low labour cost and skilled labours. Agricultural industry is very flourishing in the country as it is an ultimate food exporter to the different parts of world. However, there is pursuing decrease of small family firms in the foreign countries because the people who are working in these industries are decreasing as large companies are dominating the agriculture in some countries. Commercial fishing has been seen to have reduced in many countries for the last 30years. However, China and India stands in a much better condition when it comes to manufacturing food in comparison to any other foreign country. China has a larger workforce which is an advantage for them to produce high agricultural products (Vergati and Sumner 2012). As stated by the National Bureau of statistics they have stated that in China the working age population fell in around 2011 for which the people who are of age 15-64 years represent almost 74.5%. If the statistics are to be considered then that also includes few stories wondering about the end of cheap labour in China. PESTLE analysis of the Chinese industries The increase in international business has made China the most attractive location in the world thereby improving its legal system. However, the foreigner multinational companies who have never exported their products in China want to establish their business there because of three important factors which are the wider size of the market, low cost of labour and the growth potential in China. Therefore through PESTLE analysis the macro environment can be analyzed for the growing industrys success in China. Political factors- Chinas government has made it easily accessible for foreign multinational automobile manufacturers to directly avail the opportunities in the Chinese markets. Chinas automobile manufacturing industry has been leading the national economy since 2009 and therefore successfully attracting foreign multinationals to enter the Chinese markets (Lee, Abosag and Kwak 2012). Economic factor- China has expanded its market size along with enlarging its economic position. It has been dominating the global economic environment which as a result has been reflecting huge profit potentials which in return are attracting foreign multinational companies. Social factors- the multinational automobile manufacturers prefer a joint venture to enter the industries in China because it can make the process smooth for both administrative and political activities. Technological factors- China keeps on upgrading their technologies therefore, now they have computer systems that can easily diagnose any existing issues in their cars. Therefore, if problems are detected in the roots then there will be an increase in productivity which can be a huge benefit for multination companies. Environmental factors- The factors that will help in the prosperity of this industry in future are always considered by China. The green car is among the important developments for prosperity in China (van and van 2012). Legal factors- The government in China highly encourages the foreign multinationals to invest in china therefore to proceed with that they have set up a respective complete system of law. It further provides Tax incentives along with other facilities for the manufacturing companies so that China can promote themselves for investments. (Quer, Claver and Rienda 2012). However, the pollution laws have become stricter in recent years along with the laws of safety for the vehicles that have a major impact on the sales of the automobiles in China. PESTLE analysis of beef products agriculture industry in China Political factors- China has a favourable market for agricultural products of beef because in 2010 a free-trade agreement was signed with Canada and China. After this agreement China allowed the easy access for Canadian beef in their markets. Economic factors- China is the 3rd largest country for manufacturing beef agricultural products. Chinas economy has increased drastically in the last few years that actually made China worlds second largest economy. Moreover, it has also become the manufacturing hub in the world and its secondary sectors are observed to have been representing the maximum share in GDP. Social factors- Chinese people mainly prefer fresh meat rather than frozen products. Therefore, beef consumption will get increased in the upcoming years as there are no social obstacles for the foreign multinationals to enter the beef industry in China. Technological factors- The impact of technology in beef processing is seen as there is two major ways of slaughtering equipments. Another technology apart from the slaughtering equipments is the beef acid. Environmental factors- China has banned beef imports from cow because of their awareness about the mad cow disease. Therefore, increasing the rules and regulations due to the diseases it brings. Most of the farmers are seen getting associated with the beef farming because of its increasing demand in China. Thus, the environmental factors seem to have favouring the beef agricultural industry. Legal factors- Certification from the government of China is very important for exporting any agricultural product like meat or poultry. A valid license is needed for importing beef to China to make the entry for other countrys meat or poultry products. The products must have a WHO, OIE and FAO certification to prove that the beef products are BSE infection free (Zhao et al. 2013). Automobile manufacturing industry in China The opportunities that Chinas automobile industry has are its entry to the world trade organization, positive effect of globalization in China followed by exposure of international RD centres prevailing in China (Ash and Holbig 2013). However, China further has important market shares in many products along with its competitive workforce and also there is opportunities for the companies to get unite internationally. This automobile manufacturing industry in China has certain strengths which are also equally important for the foreign multinationals to get their business successful. However, the strengths are that China has huge number of highly skilled and trained workers along with diverse resources and market. China also has its share from the previous planned economy. It further has large number of SMEs (small-medium enterprises) along with entrepreneurships. China has been the largest automobile manufacturing country in the market since 2009. However, in 2016 the statistics says t hat the production of annual vehicle in China deemed for almost 30 percent of the production of vehicle worldwide that actually exceeded the European Union or the combined number of US and Japan. China has previously attracted many international companies like Volkswagen and Ford who are totally foreign based automobile companies to establish their brands in in their country. However, the foreign brands were only permitted to supply their vehicles in China by initiating a joint venture with the domestic manufacturers of automobiles in that country. Presently, due to technical advancements and cheaper cost of productions it has been seen that several native brands of China that are among the leading manufacturers of automobiles have acquired more success in the manufacturing industry (Gong, Wang and Wang 2013). However, China is also found to be promoting the new energy vehicle sales for which it has introduced different measures as tax exclusion, allowances for car purchases along with their need for government departments to purchase more energy cars so that they can save energy as well as decrease air pollution New energy vehicle manufacturers also get a financial support b y the government so that the RD and the cost of production can be decreased. Thus, due to the Chinas continuous growing economy it has been seen that China has opened its doors to the foreign multinationals to get rewarded keeping aside their challenges in doing business with China. Beef agricultural industry in China The agricultural industry in China have various cattle breeds that can be divided into three broad categories as per Chinas production orientation, geographical region and genetic characteristics where they are prevailing yellow cattle, yak and buffalo. Thus, this is among the advantages that beef agricultural industry has for the foreign multinationals. China has taken up the beef improvement work to enlarge the productivity of yellow cattle. China further took up an improvement plan since 2015 till 2025 where their existing foreign breed cattle are qualified, that is more than sufficient to attain the demands of the national-wide breed advancement in a national group possessing more than 113 million animals (Zhou, Liu and Cao 2014). China has been the rapidly growing beef importer in the world. Domestic beef consumption in China has vastly improved because of the development in the Chinas economy in the recent few years. (Yao 2016). The graph below is clearly showing the production as well as consumption of beef in china. The beef consumptions by the Chinese population grows every year and beef products are very much in demand among the Chinese people specially for the middle class people who are in a continuous process of expansion (Carter, Zhong and Zhu 2012). In between the years 2003 to 2016, Chinese beef importations have reflected this increased demand of beef agricultural products in China. It is expected that the total consumption will reach up to 5.34 billion kilograms in China in the upcoming years (Guenther 2014). According to the reports of the NGO wild Aid, China has already consumed half of the worlds beef by 2013 for which the importations from Brazil, Australia and Canada have seemed to be inadequate to meet the high demands of the Chinese markets (Carpenter and Song 2016). China had beef ban from the American markets due to the mad cow disease. However, recently US beef is making a comeback in Chinese markets that is consuming 28% of the meat supplies of the world. Apart from the supp ly problems the production that is of domestic beef meat in China is increasing slowly but it alone cannot meet the demand of its population and so it is opening opportunities for the foreign market entry (Leipnik, Su and Ye 2014). Recommendations In terms of the marketing strategy, there are rules and regulations, which are important for the company to follow, and they are as follows: Identify the market of China: The first realization that the foreign company needs to understand that China is not a homogenous or uniform market. However, China is being unified under the umbrella of geo politics, economically and socially which is quite fragmented (Maseiro et al 2017). By keeping this in mind, the foreign multinationals must think carefully about which geographical location they want to select for expanding their business in China. Select the location: The foreign companies need to select the industry wisely. The foreign companies always made a focus on the Tier 1 cities of China, which is quite highly populated, with high-income people. These tier 1 cities are the mature markets of China in terms of the behaviour of the consumer and typically the examined ground for the foreign company to establish (Maseiro et al 2017). Regulations and policies of Government: The foreign companies need to keep in mind, along with the increasing effect of globalization that the government of China has restricted many foreign companies from getting involved in the field of energy, telecommunication and petrochemical industries. The US Companies must maintain the foreign regulations and consult the foreign investment catalogue of China before investing in their markets (Liberman et al. 2017). Hire staff: The quality of the Human resources which are available are needed to be closely tied with the quality of people who are available in the Chinas one tier cities such as Beijing, Shanghai than two and three tiers. Conclusion To conclude, it can be stated that the recommended industries such as the Automobile and manufacturing industry and the beef agricultural industry can prove to be potential choices for clients from the United States. This can be for many reasons; however, the low labour cost and the relatively skilled labours seem to be the two dominating factors. On the other hand, foreign direct investors can face some challenges as well especially from the legal policies and the local governments perception on few foreign investors. The local government is stricter to the clients from the United States. Additionally, the local government of China prefers fostering the local companies, which has always remained a threat to the international companies operating in the country. It simply supports a fact that a foreign investor should analyse the entire challenging circumstances in China before they think to make relationships with the country. References Armijo, L.E. and Roberts, C., 2014. The emerging powers and global governance: why the BRICS matter.Handbook of emerging economies, pp.503-520. Ash, R. and Holbig, H. eds., 2013.China's accession to the World Trade Organization: national and international perspectives. Routledge. Asongu, S. 2014. Globalization (fighting), corruption and development: How are these phenomena linearly and nonlinearly related in wealth effects?.Journal of Economic Studies,41(3), 346-369. Bader, J. 2017.U.S.-China challenges: Time for China to step up. [online] Brookings. 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Available at: https://data.worldbank.org/indicator/NY.GDP.MKTP.KD.ZG?end=2016locations=CNstart=1978 [Accessed 8 Nov. 2017]. Egilmez, G., Kucukvar, M. and Tatari, O., 2013. Sustainability assessment of US manufacturing sectors: an economic input output-based frontier approach.Journal of Cleaner Production,53, pp.91-102. English.gov.cn 2017.The State Council of the People's Republic of China. [online] English.gov.cn. Available at: https://english.gov.cn/ [Accessed 3 Nov. 2017]. Fioramonti, D.L., 2013.Gross Domestic Problem: The politics behind the world's most powerful number. Zed Books Ltd.. Gong, H., Wang, M.Q. and Wang, H., 2013. New energy vehicles in China: policies, demonstration, and progress.Mitigation and Adaptation Strategies for Global Change,18(2), pp.207-228. Guenther, M., 2014.Impacts of changes in consumption, production and trade policies in China and India on trade and greenhouse gases emissions, particularly in New Zealand(Doctoral dissertation, Lincoln University). 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Routledge.Mallory, G.T. and Panel, V., 2012. China as a distant water fishing nation.US-China Economics and Security Review Commission, John Hopkins School of Advanced International Studies. Shambaugh, D. L. 2013.China goes global: The partial power(Vol. 111). Oxford: Oxford University Press. Stromquist, N.P. and Monkman, K., 2014. Defining globalization and assessing its implications for knowledge and education, revisited.Globalization and education: Integration and contestation across cultures,1. Summers, T., 2016. Chinas New Silk Roads: sub-national regions and networks of global political economy.Third World Quarterly,37(9), pp.1628-1643. Tan, H. 2017.China just revealed its growth rate for the third quarter. [online] CNBC. Available at: https://www.cnbc.com/2017/10/18/chinese-q3-gdp-china-reports-third-quarter-gross-domestic-product.html [Accessed 3 Nov. 2017]. van Someren, T.C. and van Someren-Wang, S., 2012.Green China: sustainable growth in East and West. 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Tracing the geographic origin of beef in China on the basis of the combination of stable isotopes and multielement analysis.Journal of agricultural and food chemistry,61(29), pp.7055-7060. Zhou, Z.Y., Liu, H. and Cao, L., 2014.Food consumption in China: The revolution continues. Edward Elgar Publishing.

Thursday, November 28, 2019

Live or Die Hard Tryin free essay sample

My summer was off to a great start, I was becoming an adult and starting my new life. I had just graduated high school and started my new job at Tim Hortons while living in Canada with my aunt and cousins. Although I was not close to my Uncle Auntime, whenever we were together, it was as if time never had passed. When I was younger, he used to take my siblings and me to church, bring us shopping, and occasionally take us to the park. It was always a fun time hanging out with Auntime, mostly because he would reward us with money at the end of our play dates. As we grew older, I would see him less and less, and I always wondered why. On the other hand, my Uncle’s wife, Yva, treated us like her own children, since she was unable to have children because of her fertility problems. We will write a custom essay sample on Live or Die Hard Tryin or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page My Uncle and Yva sadly were never successful in their attempts to have children together. Once we reached our pre-teen years, the visits and phone calls started to stop and she too became more distant. When I used to go and visit them on weekends, Yva and my uncle were always warm and loving towards each other. Whenever my uncle was hungry, she would cater to his needs and always made sure he was okay.She would go the extra mile and beyond for him. After a while, I began to realize a shift in their marriage. It had started with my Uncle and Aunt sleeping in different rooms. Then my Uncle began not coming home for days at a time. My Aunt had started to resent my Uncle and I had noticed her heart becoming bitter. It was as if she didn’t love anymore. Years later in 2012, the family had learned the truth about my Uncle’s constant days out the house and trips to Haiti. For years, he had kept his mistress and two kids a secret from his family and wife. After hearing the news, Yva had collapsed on the floor breaking everything in her way. She had crawled into the fetal position, yelling for her mother to come back from the grave and save her from her misery. Watching Yva go through all that pain was devastating. She believed she could not live without this man, meanwhile he was vacationing in Haiti, loving another woman and living a double life. In 2014, Auntime was diagnosed with Prostate cancer. At the time, I was still holding a grudge against him for the pain he had put my Yva through, so I did not bother checking up on him and his well being. He was dead to me. Although Yva wasn’t completely healed, Yva had decided to forgive him and gave up her job to be his caregiver 24/7. While taking care of him, she also became a step-mother to both of his children. Even though Auntime had put Yva through hell, she had made a vow to stick by his side through sickness and through health. Later on this past summer I had noticed my sister, who was also Auntime’s goddaughter, and mother began to visit numerous times every week. My mother had later on explained to me that Auntime was in his fourth stage of cancer. On June 20th, 2015 I had finally went to go see Auntime with my mother. As I walk in the crowded apartment, I had noticed a body lying on a pop-up bed. The body had looked like the malnurtured kids from the commercials on TV. His ribs were emerging from the sides of his body. He could barely communicate when spoken to. Like a baby, he had to make sounds to tell people what he wants. As I finally moved my eyes to his face, all the flashbacks began to pop-up in my head again. Tears started swelling up in my eyes and I began swimming in my tears. I was so concerned with how Auntime had ruined my life that I did not realize that his days were limited. Instead of spending his final days holding a grudge, I could have sat right near him reminding him of all t he times we spent together. Three days later, Auntime had finally taken his last breath. Watching Auntime’s life spiral out of control and watching him die had made decide to live my life with no regrets and to it’s full potential. It also persuaded me to have a career in neonatal nursing. Watching death had made me appreciate bringing life into the world and brand new beginnings.

Sunday, November 24, 2019

DDT Pesticides essays

DDT Pesticides essays DDT and The Environment: The Effects on the Ecosystem As earth's population grows so does the demand for food, and the use of pesticides has become essential in meeting this demand. The first important synthetic organic pesticide was a chlorinated hydrocarbon, dichlorodiphenyltrichloroethane or DDT. DDT was discovered in 1939 by Swiss chemist Paul Meller. In its early days, DDT was a popular pesticide because it was toxic to a wide range of insect pests, yet it appeared to have low toxicity to mammals. DDT was also persistent, which meant the pesticide didn't break down rapidly in the environment and therefore did not need to be reapplied often and since DDT was insoluble it did not wash off by rain or other weather conditions. Although gradually throughout time it was discovered that many insects had developed resistance to DDT, and it was discovered that DDT did in fact pose to be harmful to the ecosystem. This discovery created wide public interest and made people aware that chemicals were polluting the environment. As a result DDT was banned for use in North America and other countries in the early 1970s. Though pesticides, such as DDT, may decrease the number of insects, throughout history it has been proven that there is a detrimental effect upon the environment, animals and humans as a result. DDT is a colourless chemical pesticide, also known as dichlorodiphenyltrichloroethane, whose purpose is to eradicate disease-carrying and crop-eating insects. It was first isolated in Germany in 1874, but not until 1939 did the Swiss Nobel Prize-winning chemist Paul Meller recognize it as a potent nerve poison on insects. Thus, DDT was first used heavily in World War II for preinvasion spraying, DDT was disseminated in great quantities thereafter throughout the world to combat yellow fever, typhus, elephantiasis, and other insect-vectored diseases. In India, DDT reduced malaria from 75 million cases to fewe...

Thursday, November 21, 2019

The Purpose and Function of Business PowerPoint Presentation - 1

The Purpose and Function of Business - PowerPoint Presentation Example Categorically stakeholders can be classified into internal, external, primary and secondary. Internal stakeholders are members of the organisation like owners, management and employees contrary to that the outside organisations and individuals constitute external stakeholders. Primary stakeholders are highly critical as they have a direct impact on the business owing to their authority, power and resources. Secondary stakeholders are not involved in core business activities and indirectly affect the business outcomes. 1. Investors: Investors are highly crucial to kick starting a business. Being a clothing brand HnM’s investors offer the financial support needed to create quality products, promote them affectively as well as exhibit them in an efficient manner with easy access to the target market. 1. Suppliers: HnM’s suppliers follow the code of conduct as well as prevailing laws to provide high quality raw materials to HnM’s factories where the workers work diligently to produce high standard and fashionable garments for kids and adults alike. Stakeholder and organisation’s relationship is mutually beneficial. Stakeholders put their resources at a risk for the organisation’s success hence they have high stakes in the business activities. The type of stake depends upon the nature of business activity where the risk has been invested. The stake is not always financial in fact recognition of contribution or a share in the ownership also attribute stakeholder gains. Both primary and secondary stakeholders are important however the intensity of their impact varies. The existence of a business depends mainly on the activities and opinions of the former. Owing to the reciprocity of this relationship businesses today are paying high attention to maximising their positive impact on stakeholders and lowering the negative