Assignment Essay Example | Topics and Well Written Essays - 500 words - 37

Assignment - Essay Example The first one is receiving computer print outs and records. The next step is the collection of ship and money. This is achieved through two ways; one is by bidding auctioned ship. This is followed by buying and selling ship during the auctions. The other potion is placing orders for construction of new ships. After that, the company now uses the existing record to calculate the size of the fleet. The available ships are then allocated to the different fishing areas and placed on the game board. Finally, the decision sheet is submitted to the operator. In ensuring that a fishing company gets the best form each transaction, it has to make crucial decisions. This is the reason to whether it needs to keep its fleet at its current size or expand it. In cases of expanding the fleet, decision has to be made at to whether the new ship should be acquired through bidding in an auction or ordering new ships to be constructed. In this experiment, the focus as on selling the fish cash at $ 20 per fish. The main expenses incurred were form buying ship form auctions and ordering the construction of new ones. The company also operated ship fleet in different fishing area which required additional maintenance costs. The ship sent to the deep sea made considerable greater returns in terms of the size of the fish catch compared to the coastal bank. The company ensured that it made great profits by maintaining low initial bank balances. From the decision sheet provided, it can be observed that the number of ships that remained in the harbor were hig her than the number of ship sent into deep sea or the coastal harbor. This shows that the company was not able to utilize its resources fully in order to get the maximum assets. At one point, there was only one ship sent to the deep sea while the rest 18 were at the harbor. This ensured that it got a great fish catch by maximally utilizing the existing resources. The great catch was also as a result

Difference and Soccer Essay Example for Free

Difference and Soccer Essay Basketball and Soccer In modern life, most people enjoy amazing sports. Two of most exciting and common sports to participate and appreciate are basketball and soccer. People can not only watch both of them on television, but they can also play them for recreation and health. The purpose of this essay is to compare and contrast the differences and similarities between these two sports. There are three aspects of these two sports: athletes, popularity, and equipment. The most noticeable difference between these two kinds of sports is their requirement of players. In conclusion, soccer and basketball use different equipments for athletes to compete. These are the three basic similarities and differences between basketball and soccer. As we can see, through the comparison above, people love these two kinds of sports because they contain good competitiveness based on fair principles. These two sports motivate people to keep fit and to be stronger. Thereby, basketball and football better annotate the proverb Life lies in the movement.

The Plant Guilty of Countless Tribulations :: Essays Papers

The Plant Guilty of Countless Tribulations Once upon a time, there was a boy who was waiting at the bus stop. The boy was a cigarette user. The boy asked the man next to him for a cigarette, and the man replied, â€Å"I don’t smoke that crap, I smoke the 'doobie.' † The boy asked, â€Å"What’s the â€Å"doobie†?† The man then handed the boy a joint and told him to hit it. The boy hit the joint 5 straight times. He was feeling great! He then hopped on the bus and all of a sudden he realized he was not feeling right. He seemed to be moving in slow motion. He tried reading a book but he couldn’t concentrate on the words. He eventually arrived to school, walked into his first period class, and had to take a big history test. By the time the class ended, time was up for the test, and the boy had to turn in the test incomplete. He had only answered nine of twenty-five questions. The moral of the story is people need to become more educated about marijuana. Marijuana has many different effects on its users, most of which are negative. The majority of the negative effects are directed to the brain. In the book, Cannabis and Cognitive Functioning, Nadia Solowij said, â€Å"The subjective effects of cannabis (marijuana) might be expected to decrease performance in situations where both perceptual accuracy and attention are important† (31). This decreased performance is a result of poor decision making. Marijuana not only has bad effects on the brain, but it also affects the mouth and the lungs. According to Alison Mack and Janet Joy, several reports have suggested that marijuana smokers are at greater risk than nonsmokers of developing cancers in tissue that come into contact with smoke, such as the lungs, mouth, larynx, pharynx, and esophagus (42). It is obvious that the effects of marijuana are lethal, and are not to be ignored. Marijuana can be deadly, and it is essential for the public to know that it is deadly, in order to prevent people from using the drug. Marijuana has both short-term effects and long-term effects; however, there are many more short-term effects than long-term effects. The primary short term effect marijuana has on the brain is memory loss. The Plant Guilty of Countless Tribulations :: Essays Papers The Plant Guilty of Countless Tribulations Once upon a time, there was a boy who was waiting at the bus stop. The boy was a cigarette user. The boy asked the man next to him for a cigarette, and the man replied, â€Å"I don’t smoke that crap, I smoke the 'doobie.' † The boy asked, â€Å"What’s the â€Å"doobie†?† The man then handed the boy a joint and told him to hit it. The boy hit the joint 5 straight times. He was feeling great! He then hopped on the bus and all of a sudden he realized he was not feeling right. He seemed to be moving in slow motion. He tried reading a book but he couldn’t concentrate on the words. He eventually arrived to school, walked into his first period class, and had to take a big history test. By the time the class ended, time was up for the test, and the boy had to turn in the test incomplete. He had only answered nine of twenty-five questions. The moral of the story is people need to become more educated about marijuana. Marijuana has many different effects on its users, most of which are negative. The majority of the negative effects are directed to the brain. In the book, Cannabis and Cognitive Functioning, Nadia Solowij said, â€Å"The subjective effects of cannabis (marijuana) might be expected to decrease performance in situations where both perceptual accuracy and attention are important† (31). This decreased performance is a result of poor decision making. Marijuana not only has bad effects on the brain, but it also affects the mouth and the lungs. According to Alison Mack and Janet Joy, several reports have suggested that marijuana smokers are at greater risk than nonsmokers of developing cancers in tissue that come into contact with smoke, such as the lungs, mouth, larynx, pharynx, and esophagus (42). It is obvious that the effects of marijuana are lethal, and are not to be ignored. Marijuana can be deadly, and it is essential for the public to know that it is deadly, in order to prevent people from using the drug. Marijuana has both short-term effects and long-term effects; however, there are many more short-term effects than long-term effects. The primary short term effect marijuana has on the brain is memory loss.

Compare and contrast of package holiday and travel alone Essay

When people decide to plan a vocation, there are two kinds of travels, package holiday and travelling alone. Package holiday means that travel agency organizes everything, while travelling alone needs people to plan by themselves. Naturally, there are compares and contrasts that reflect the characteristics of two arrangements. No matter what kind of travel it is, the primary compares of travels are the purpose and cost. As to the purpose of travel, both people choosing package holiday or travelling alone have the similar aim. Generally speaking, people want to experience culture different, relieve their stress, or gain more motivation and energy to live via this approach. Therefore, even though people choose different methods, their purpose of travelling are alike. Meanwhile, the cost of two ways are same to some extent. Because whenever and wherever you go, it must take money, time, and energy. For example, there were many news that somebody tried the poor travel, however, their trips still took their time and energy at least. As a result, the cost of travel is unavoidable. In conclusion, the common aspects of two kinds of travel are the purpose and cost. Whilst, the contrasts of two choices are mainly about freedom and safety, interest and convenience of the travel. Most people who travel alone generally cite freedom as the great motivating factor: freedom to please themselves, go where and when they want, change their plans on a whim when they hear about something that is a ‘must’ to see, and to accept spontaneous invitations by locals.(Pemela Bradley 2009) However, when enjoying freedom, safety is less guaranteed naturally. Companies that offer tour packages are completely aware of situations in a particular place, the risks and the safe zones and hence you can enjoy a safe holiday.( Helen Troy 2013) That is the first difference. In addition, two types of travel have disparate entertainment. By choosing a holiday package, you actually get rid of all activities, starting from booking flight tickets, checking out accommodation availability at hotels and booking rooms.(Helen Troy 2013) Conversely, You don’t have to rely on an often ill-informed guide to lead you around on a  leash, and there’s the surprise and thrill when you find something you weren’t expecting, like the time I became lost and ended up in a small Bavarian village with a monastery that contained a library with tens of thousands of Medieval manuscripts.( Pemela Bradley 2009) As a conclusion, the contrasts of two kinds of travel are present in the different extent of limit and pleasure. Finally, both package holiday and travel alone have their pros and cons, they are similar or different in some way. Their purpose and cost are alike, meanwhile, the former is safer and more convenient, the latter is freer and more enjoyable. Therefore, the choice between package holiday and travel alone can be the reflection of people’s preference for travel.

Chevron Assignment Essay

Nowadays, recycling, ecology, environmental protection †¦ are a part of everyday citizens, businesses, politicians; an awareness that has allowed the development of an economic sector and the creation of new jobs. The global warming has increased our awareness towards the planet and its future. In more and more countries, new regulations have been introduced by the government to reduce the amount of pollution. The industrial revolution of our century has put in danger our living resources, nature, and thus potentially putting at risk our own future lifestyle. One of the most pollution producers are the oil or petroleum industries. In this essay we will examine the case of Chevron Corporation which is one of the biggest petrol producers in the world. The company operates approximately 24000 services stations in more than 180 and has over 62000 employees worldwide. (Hoovers inc 2012). We will first examine and discuss the negative impact of this industry on the environment, so therefore on the society, and then we will see how Chevron’s corporation is proceeding to achieve their goal: â€Å"we believe that is the right thing to do and that is critical to our success in a world in which energy sources should be compatible with an environment that’s clean, safe and healthy†. (Hoovers inc 2012) Negative impact on environment of Chevron Corporation. Extraction of petrol itself is not without consequences on local ecosystems, although, as in any industries, the risks can be reduced by vigilant practices. While these fossil fuels can be extracted in a way that environment can be preserved, government and oil companies choose generally, the speed and the efficacy, rather than respect for the environment or the interests of local people, most affected by production. One of the most extreme case of oil exploitation of the rainforest is the equator, where the U. S. oil giant, Chevron-Texaco (now known as the Chevron), seriously damaged the ecosystem of Ecuador for a generation. (Chevron Corporation 2012, 32) This petroleum operation affected more than 30000 Indigenes and settlers homes. However as we noted, this degradation has been punished by the government of equator who fined Chevron corporation 18 billion dollars of compensation (Environment News Service 2012) As shown above the risk of producing oil can be very big. The example, the pollution in equator shows a lack of professionalism and mastery of Chevron Corporation for 18 years. Another example of Chevron’s negligence is the case in Brazil where a leak in one of the drills has caused an oil spillage. In the past, at least 2,400 barrels of crude were spilled into the Atlantic, in the block Campo do Frade, 370 km north-east coast of Rio. ( Jeff Fick 2012) In March 4 2012, a new leak was detected 3 km from the first and nearly 1300 metres deep, of more than 3400 of crude barrels, triggering the suspension of activities of Chevron in Brazil. ( Brazil 2012) Such example provides evidence that this incident could affect the entire marine ecosystem of the region, which could lead to an extinction of some species and thus could have an impact on the  economic activities of the area. For instance, those fishing area may be closed for a long or a short period because of the risk of contamination by oil. The contaminated fishes could have a serious effect on human health if some were used for consumption. From this perspective, the fishery sector of the area affected could see their economy decrease if consumers stop buying their products (Global Marine Oil Pollution Information getaway 2002). As a consequence, the petroleum activities of Chevron Corporation in Brazil have been temporarily stopped. Another fine of 42 millions euro was given to them by Brazil government, but also 17 high level staffs of the industry are prosecuted and will have to pay a fine of 1 million reais, which represent 415000 Euros. (Brazil 2012) Positive impact of Chevron Corporation in environment and stakeholders health. While Chevron Corporation activities in Brazil or equator have been described as negative for the environment, this has not always been the case. Chevron Corporation deployed a program in 2007, the ESHIA (Environment, Social and Health impact assessment process) to anticipate and avoid any negative impacts on health and environment. Chevron has also made a biodiversity statement which expresses its commitment to incorporating biodiversity consideration, as part of their ESHIA program (Chevron 2011). For instance, the Salak project inside one of Indonesia’s biggest national park has for main purposes to preserve the biodiversity in this area. They work with the local farmers to protect species, such as, gibbons, hawk eagles and leopards. Chevron also received an award by Indonesia community for Best Environmental Management during their operations at Salak. Such example provides evidence of chevron commitments with regards to environmental issues while helping the world meet their need for energy. Stakeholders, such as employees are probably the ones who can be the most affected by Chevron toxic pollution during the extraction of oils. They work day by day surrounded by dark smoke, petroleum and without some good health measures their well being could be seriously in danger. We understand why, Chevron Corporation has invested a lot on employees’ health. From this perspective, cost related to employees’ health, or productivity can be considerately improved. The Argentina cases during 2009, where nearly 800000 people were seriously affected by the flu H1N1 in only 6 months, can show how well Chevron Argentina, has managed it within the industry. By multipronged strategy, only 20 employees, which represent 6. 8% of the business, were affected by the disease. Furthermore, in 2010 Chevron introduced a training program over the problem of tuberculosis. ( Chevron 2011) The high rating of tuberculosis in the world pushed them to invest in this cause. For instance, the provincial program which fights against tuberculosis, in Cabinda, Angola, has benefited from a donation of several drugs and diagnostic facilities, under the initiative of the Chevron Corporation in October 2011. ( Chevron 2011) The evidences above demonstrate that Chevron is really implicated into the well being of the society. By fighting those scourges, like H1N1 or Tuberculosis, Chevron enhance its image in its fight to maintain people’s health while at the same time doing all they can to better respect the environment. Apart from its implication in the health field, Chevron is also taking measures which aimed reduce its energy consumption as more as possible and therefore pollute less. One of the most effective ways is the use of Energy Efficiency, which is one of the most valuable sources of new energy. (Chevron on Track to Achieve 20 Percent Production-Growth Target by 2017 2012 ). As describe in Chevron website, the use of Energy Efficiency is highly beneficial because it reduces carbon emissions, lowers cost and it helps Chevron to conserves its supplier. For example, according to Chevron Corporation a reduction of 5% in global energy we use can reduce the extraction of petroleum by 10 millions barrels per day, which represent enough energy to supply Australia, United Kingdom and Mexico. ( Chevron 2011) We believe that in order to meet the world demand for energy, Chevron cannot forget about oil, which is one of the most polluted materials in the world to use, and focus their work only on renewable energy and efficiency energy as this will reduced their competitive level. However as the world is more and more concern in environmental issues, it is clear that renewable energy technologies that are scalable, sustainable and profitable will take gradually take over from the traditional sources of energy. Conclusion The petroleum conglomerates are easy targets for environmentalists. Their operations are very noticeable, and create a dramatic impact on the local economy and local social conditions. Chevron mistake among the management of its pollution, in Argentina, but especially in the Ecuadorian forest, reveals all the negative impact they had on the community and the environment of the area. However, as local communities are recovering from profits of oil development, while shouldering the majority of social and environmental costs, it is easy to see why the contribution of oil development in the destruction of the environment is often exaggerated. It is by critical episode like Argentina or Ecuador drama, that people ultimately judge those companies. In contrast, when examining Chevron commitment with regards to people’s health and respect on the environment, (with organization such as ESHIA) the evidence demonstrates that Chevron care a lot about all these issues. They are also working to reduce greenhouse gas emissions, by working on new technologies which could in a near future change our world. In light of this, we can conclude by saying that Chevron has consistently met the needs of their stakeholders in most operation, apart from those mistakes we know.

Impact of Globalization on Foreign Policy Requirements essays

Impact of Globalization on Foreign Policy Requirements essays Authors and writers of varying interests and specializations have expressed their thoughts about globalization that it is not a new thing but rather a continuous and evolving process happening at different eras and places. Thus, Dixon states in Globalization and American Foreign Policy (2005): Globalization is not a new development; it has been progressing for most of human history Globalization is the integration of human activity across geographic space. This covers many areas of human activity (economics, warfare, social and cultural contact, environment, etc.). American foreign policy as a result of globalization has stood the test of time considering todays only superpower has been instrumental in the rise of globalization throughout history. As a result of the current globalization atmosphere, U.S. foreign policy is constantly pulled in two directions: groups in the US that are poised to gain from globalization benefit from the process, and groups that are harmed by globalizat ion press for political protection (Dixon, 2005). In all certainties, American foreign policy should and must look at protecting the American populace without curtailing the growth and development of partner nations in the global arena. This is sometimes easier said than done but the point of American governance is looking after the welfare of its citizenry first before others. In The Foreign Policy the U.S. Needs, Hoffmann outlines some of the important facets needed in the present American foreign policy to meet todays globalization process, some of those Hoffmann listed are (Hoffmann, 2006): Improve America's own economic and moral condition, a change that would be well received abroad; a return to the rule of law and to the protection of civil liberties, and an end to efforts to escape from the obligations of international law in the fight against terrorism; The US should accept, despite its flaws, the K...

Franklin Delano Roosevelt A True Leader essays

Franklin Delano Roosevelt A True Leader essays Franklin Delano Roosevelt (FDR) entered the White House in 1933 in the midst of the nation's largest economic depression. Approximately 25 percent of the work force was unemployed, industrial production was bleak, and the bank system was collapsing. Overseas, the economic situation resulted in Faced with these challenges, Roosevelt fearlessly experimented with the power of the federal government. His greatest accomplishment was his ability to lead, inspire, and help Americans through bad spells as he "I want to talk for a few minutes with the people of the United States about banking," he said on March 12, 1933, the first of about thirty informal "fireside chats" that Roosevelt gave over the radio. His ability to communicate directly and personally through the media, addressing each listener as his friend, gave Franklin D. Roosevelt a powerful tool to shape public opinion. This paper describes the leadership approaches that FDR During the late nineteenth century and early twentieth century, people believed that leaders were born (ROTC, 2002). Basically, this meant that it was assumed that a man's heritage provided an innate ability to lead. A leader was born with special characteristics or traits that gave him the In an attempt to prove this philosophy, researchers undertook long studies of existing political, industrial, and religious leaders (ROTC, 2002). They expected to find that these leaders possessed certain characteristics that would distinguish them from their followers. However, the researchers were unsuccessful. Their study results identified a number of traits that were common to those in leadership positions, including intelligence, dependability, sociability, aggressiveness, originality, popularity, and humor. However, they also discovered that different situations required the use of different traits. Some studies found there was no evidence to support that just having...

What MBA Admissions Consulting Isnt

What MBA Admissions Consulting Isnt Do Business School Admissions Need an Overhaul? There have been a few articles published lately about MBA Admissions Consulting. One such article published in Bloomberg Businessweek, Business School Admissions Needs an Overhaul, proposed that the entire admissions process for graduate business school be changed. The author, Alex Fleming, goes so far to propose that essay length and number should be reduced to discourage applicants from hiring admissions consultants. No one, he suggests, would pay someone $1,000 to write 100 words. The author and I both have MBA degrees from Wharton, but we part company after that. What Business School Admissions Consulting ISNT As an MBA Admissions Consultant for 14 years, I believe that what needs the overhaul isnt business school admissions but rather the incorrect understanding that many have about what admissions consulting actually is. For a start, any ethical admissions consultant will make it clear that he or she will never write an essay for an applicant. Some of our clients will ask us to do so despite what our written agreements and policies may say, but we make it clear that thats not part of our service. And for the record, as of the current admissions season, most top business school applications require multiple essays, with limits of several hundred to about a thousand words each. An admissions consultant can help to ensure the topic and organization of those essays hits the mark with admissions committees. Admissions Consultants also wont ghost write recommendations for our clients, although a few may request that service. In fact, many of us, myself included, refuse to even review a draft recommendation. I take it even further than most, suggesting that my clients push back if the recommender wont write a recommendation without getting a draft from the applicant. If the recommender insists on receiving more than a bulleted list of suggested points, I tell my clients to find another recommender. Is there an alumni interviewer popularity contest? I disagree with another point in the article. Having been an alumni interviewer for Wharton MBA applicants, I dont understand what he means by the â€Å"alumni interviewer popularity contest.† Assuming that the school trains its volunteer alumni interviewers well, as most do, an interview with an experienced alumnus can give the interviewer and interviewee insights into the fit between the applicant and the school that an on campus interview may not, especially in terms of the long-term career view. I have no understanding of the popularity contest that the author mentions. You are no doubt wondering what MBA Admissions Consulting is if this is what it isnt? That will be the topic of my next blog entry. Need guidance in your MBA/EMBA Application process? Maximize your applications with help from The Essay Experts MBA Admissions Consulting Services. Or feel free to email me directly at larryessayexpert@gmail.com. Larry Sochrin Category:MBA Admissions ProcessBy Brenda BernsteinNovember 18, 2011

Analyze a School's Emergency and Crisis Response Plan Coursework - 1

Analyze a School's Emergency and Crisis Response Plan - Coursework Example This paper will outline the context of Murrell Taylor Elementary School, and evaluate it based on its breadth, specificity, clarity regarding roles, communications, and routine (including both exercises or drills and training requirements). It is important, before reviewing any emergency or crisis response plan, to ensure that one is properly aware of the context of the institution creating it. A school in a major urban area will have many different resources and challenges than a school in a rural area, for example. Murrell Taylor Elementary School is placed on the furthest west corner of Jacksonville, a distant suburb of Little Rock, Arkansas. The town of Jacksonville is quite small, with a population of only 22,000, but the school is none-the-less only a dozen and a half miles from the centre of Little Rock, which has a metro population nearing 700,000. Thus Murrell Taylor is strongly a suburban school, almost bordering on a rural school, with ready access to the resources (and sometimes problems) related to a major metropolitan area. In terms of micro-geography, the school is located on a mostly-empty lot, which abuts onto a small subdivision of houses on one side, and a shopping centre on the other. The school fea tures one central building and no outbuildings, with a large field to its front and several small recreational areas surrounding it. Murrell Taylor Elementary School’s crisis response plan has a fairly good deal of breadth. The plan opens with a description of generalized emergency procedures, including who can declare an emergency (the principal or designate) and who the next calls and decisions would need to be made by (in most cases district officers/ the office of the superintendent). This allows for a highly flexible, if somewhat broad and vague, framework for which any emergency can be used. The strength of this opening is that it can apply to

Global economic and lobal recession Essay Example | Topics and Well Written Essays - 1750 words

Global economic and lobal recession - Essay Example Since the 2008 global economic crisis the airline industry was severely affected by reduced business revenues as the market adjusted to difficult economic times. Commercial and private travel costs had to be reduced in order to keep in touch with the economic realities that global performance had dipped into. Many related industries such as the motor vehicle industry were also severely hit to liquidation, which illustrates the magnitude of the threat that the industry faced. As a result of the reduced fortunes and opportunities in the industry and many national economies in general, governments had to chip in their protectionist policies against adverse impacts on the economy. As a result, there was an increase in government debt particularly in European economies that have had adverse impact on the integrity of the industry as an aftermath of the recession. The banking sector which impacts directly on the performance of most industries was also hit during the recent economic crisis and until full stabilization occurs, operation certainty remains elusive in the airline industry. According to Niththyananthan (1), the domestic market in the whole of Europe is particularly affected by the proceeding in the banking sector to such an extent that business operations are conducted with extra caution. This explains the huge national bailout pleas that certain economies in Europe have been forwarding to the IMF and the European Union, since their economies were severely affected.

Strategic Management Research Paper Example | Topics and Well Written Essays - 1000 words

Strategic Management - Research Paper Example Lately the services it offers to its customers have also been widely differentiated from those of its competitor, Disney. Thus, conflict of interests has been avoided and also the cut throat competition that previously existed has been brought under control. From the internal environment, Ocean Park has undergone a lot of innovations and improvements which help it to keep up with the competitive environment. With the innovation of Dolphin shows and the Cable Car, the place is able to attract a large number of people from different corners of the world. The managing director of Ocean Park also stated that unlike Disney which was all about fantasy, Ocean Park was about reality of nature and real animals. In Singapore, the main attraction currently is the Universal Studios Singapore. The theme park has paved a way for Asia’s success in tourism since it has already attracted more than two million tourists since its opening. The success of the park has mainly been attributed to its unique attractions of blockbuster movies and television shows. Its spectacular hotels and shopping malls also contribute significantly to its quality and attractiveness. General Environment in Hong Kong and Singapore The environment in Hong Kong is generally characterized by businesses, industry and work. Most of the businesses are operated in a laissez faire world where there is very minimal control by the government. The place is also composed of industries such as manufacturing and electronic industries (Lee, 2001, P. 110). Although the city is known to be poor in the financial and commercial sector, it is known for its success in domestic tourism. Lately however, it has specialized in eco-tourism considering its magnificent nature (Singh, 2012, P. 10). The politics in the area are not so outstanding but are carried out in a peaceful manner. Such factors have promoted a favorable environment for the park to undertake its developments. Political stability in Hong Kong also create s a favorable environment for the tourism industry. This is supported by the fact that tourists would not be willing to visit a place where there are wars and political violence. Travel and accommodation industry in Hong Kong and Singapore Following the recent release of Global Financial Centers Index 2011, Hong Kong was ranked at a higher position than Singapore and third after London and New York. This has mainly been attributed to its wide hotel and tourism industry. The catering and hotel industry in Hong Kong provides highest level of visitor experience and satisfaction to the visitors thus ensuring that there is a flow of tourists all the time. The travel industry is also favored by the employment of staffs that are fluent in Mandarin so as to promote communication with the tourists. Most of the tourists to Hong Kong are from mainland China. Other, whose main aim is leisure, recreation and holidays come from other parts of the world, including America, Thailand and Singapore ( Zhang, Pine, and Lam, 2005, P. 83). Due to the continued political and economic stability in Hong Kong, the tourism industry continues to grow as more and more people find their way to the city. With growth in the tourism industry, it implies that the number of visitors on Ocean Park will also increase. Take for example in the year 2011 when china as a whole registered a large number of tourists, Ocean Park reported a total of 900,

Business Analysis Case Study Example | Topics and Well Written Essays - 1250 words

Business Analysis - Case Study Example The Company drew popularity in the 1940s as a cleaning company that offered its services to the defense forces of nations especially those involved in war. The Tennant brand is strong and so is its positioning within the market. They currently hold approximately fifteen percent of the global market share, with sales growing faster than many of their competitors. Tennant’s focus was rare as they chose to deliver a sustainable value to their customers without compromising on price or performance. This strength is not imitable with new companies as it something that is built over time although many existing companies have built the same brand strength with their products. This strength has proved to be a sustainable competitive advantage for Tennant. They have exploited this strength and achieved organization. Key Issues 1) Tennant needs a strategic plan that will assure them future growth in the wake of competition and uncertainty in the market. 2) The market diversification pla ns at Tennant are intense. Tennant should focus on making their current product lines stronger. 3) Tennant is constantly facing new competition, much of which is offering discounted products making it difficult for Tennant and other companies in the industry to compete. Criteria and Evaluation of Alternatives by Criteria SWOT Analysis Strengths Tennant has strength in their discovery and early adoption of new technologies. It has allowed them to build relationships with various suppliers and service providers and has helped further build their brand name and recognition within the industry. This strength will be critical if Tennant chooses to venture in to new market segments or further expand their product line as they will always be a step ahead of their competition. This strength has proved to be a key competitive advantage for Tennant. They have exploited this strength and achieved organization. Weaknesses This industry is mostly affected by the growing consumer demands that sur pass production capability of any company. Due to this identified demand, the industry has experienced substantial growth, emanating from the expansion of market by competitors. Opportunities also arise as a result of growth. This is reflected by the current state of intense competition in the industry. Political factors fuel this demand especially due to policies regulating health standards and application of such efforts to ensure cleanliness. Opportunities The primary identified opportunity of the industry is that of providing chemical-free cleaning product alternatives as supplements to their already established product lin

Read the case first, and then answer the question Assignment

Read the case first, and then answer the question - Assignment Example Various factors facilitate the formation of a merger between two organizations. While it gives the organizations the strength to compete against other firms in the industry, it also brings in more expertise into the firm, increasing their productivity and output. There is increased quality of services and innovation in a merger. When the two financial giants merged, there was an increase in synergy, which is the reduction of duplicate departments, lowering operational costs and subsequently increasing their revenues. In a merger, there is increased market share, resulting from the absorption of the competitor, thus reducing the level of competition between them the companies. A merger reduces the level of taxes remitted to the authorities, as the merger remits tax as a single business entity. However, as the giants seek to merge; several issues require ironing out to avoid a crash of issues. Through the process of creating a merger, â€Å"management of software/processes for process ing of information for effectiveness of organization† is an important factor to put into consideration. There is more to the creation of a merger between two financial giants than the listed advantages. Although the financial culture consideration is one of the most important factors for these giants, considering their IT cultures is equally as important. Among the factors to put into consideration is the type of the IT approaches the firms maintain. One could have a decentralized policy, while another could have a centralized policy. IT plays a big role in information integration, which strategically differentiates them from the competitors. In order to deliver their brands, banks heavily rely upon their It structures. After a merger, one of the firms has to consider adopting IT policies of the other firm. Alternatively, the two firms could decide on the creation of new IT policies. Through IT integration, financial firms try to select and implement the best application exist ing in the market. The search is not confined to the bank that already used the application. The biggest concern is the applicability and the suitability of the system in the resultant business. As the team searches for this particular application, they should show more concern for the customer retention. During the merger process, systems have to change, as some become inferior and others less effective. However, during this important process, it is necessary to ensure that members keep on receiving their services. The transition process should not negatively influence the quality of services provided to the customers. Although a system could appear to be superior to the other due to its capacity, it could provide lower quality services to the customers. How best the transition team handles this effect determines the success of the merger process. It is important to note that as the financial organizations seek to create a merger; these processes pose the biggest danger to the succ ess of such a merger. Not only does the process affect customers, employees too are negatively affected. For instance, it could affect employee productivity and service delivery. Adapting a new application essentially translates to fewer skills in its operation. Training could solve such an issue, though with little certainty. How well the employees respond to organization change is the biggest determinant. Poor response leads to poor application

Business Analysis Case Study Example | Topics and Well Written Essays - 1250 words

Business Analysis - Case Study Example The Company drew popularity in the 1940s as a cleaning company that offered its services to the defense forces of nations especially those involved in war. The Tennant brand is strong and so is its positioning within the market. They currently hold approximately fifteen percent of the global market share, with sales growing faster than many of their competitors. Tennant’s focus was rare as they chose to deliver a sustainable value to their customers without compromising on price or performance. This strength is not imitable with new companies as it something that is built over time although many existing companies have built the same brand strength with their products. This strength has proved to be a sustainable competitive advantage for Tennant. They have exploited this strength and achieved organization. Key Issues 1) Tennant needs a strategic plan that will assure them future growth in the wake of competition and uncertainty in the market. 2) The market diversification pla ns at Tennant are intense. Tennant should focus on making their current product lines stronger. 3) Tennant is constantly facing new competition, much of which is offering discounted products making it difficult for Tennant and other companies in the industry to compete. Criteria and Evaluation of Alternatives by Criteria SWOT Analysis Strengths Tennant has strength in their discovery and early adoption of new technologies. It has allowed them to build relationships with various suppliers and service providers and has helped further build their brand name and recognition within the industry. This strength will be critical if Tennant chooses to venture in to new market segments or further expand their product line as they will always be a step ahead of their competition. This strength has proved to be a key competitive advantage for Tennant. They have exploited this strength and achieved organization. Weaknesses This industry is mostly affected by the growing consumer demands that sur pass production capability of any company. Due to this identified demand, the industry has experienced substantial growth, emanating from the expansion of market by competitors. Opportunities also arise as a result of growth. This is reflected by the current state of intense competition in the industry. Political factors fuel this demand especially due to policies regulating health standards and application of such efforts to ensure cleanliness. Opportunities The primary identified opportunity of the industry is that of providing chemical-free cleaning product alternatives as supplements to their already established product lin

Business Strategy Assessment Essay Example | Topics and Well Written Essays - 1500 words

Business Strategy Assessment - Essay Example (Clark P. 2007) b) Ryan Air decided to buy aircrafts of the model Boeing 731 only. This reduced the company's inventory volume as less stock of spare parts was required to store. The pressure on crew training was also less and the maintenance staff could easily repair the aircrafts resulting into quick service. c) In order to reduce the landing costs, the company used airports like, Alghero (Sardinia) and Dinard (Brittany), which are not at all popular airports. These airports were looking forward to grow their business and thus offered competitive landing charges to Ryan Air. d) The company reduced the cost of outsourcing its services to third parties like travel agents for booking their flights. This helped the company to reduce cost by 10%-15%. So far the company facilitates only its official website and its own call center service for booking of the flights. e) Advertising is a vital part of growing business. Ryan Air reduced this cost as well by writing its low airfare captions on the aircraft body and relied more on the word-of-mouth advertising of the customers. 2. According to Michael Porter there are two basic kinds of competitive advantage- Cost advantage, where a firm delivers the same benefits as that of its competitors but at a lower cost, and differentiation advantage, where the competitive advantage of a firm lies in providing benefits that exceed those of the competitors. Among the positional advantages Ryan Air focused on cost advantage for reaping higher profits. Ryan Air's rival firms were British Airways and Ager Lingus and both airlines possessed higher financial position than Ryan Air. Moreover the company went into a rapid loss that called for its restructuring during 1991. Hence, focusing on differentiation advantage for increasing the firm's profit would have been a major mistake by Ryan Air. The company used its capability of rigorous cost minimization and introduced the surprisingly low airfares in the market. Thus the various measures of cost minimization by the company formed its distinctive competencies and helped the firm make a better place for itself in the industry. (Competitive Advantage, n.d.) Part 2 1. The decision tree above shows expected long-run profits of Lynne taking into account its decisions (square boxes) and the uncertainties (circles) in the economy. Lynee has two options before it: Staying in the present location Relocating to cheaper premises Hence both the decisions have a probability of .5. In both the situation it is faced with three different conditions of the economy and they have their respective probabilities of occurrence. In the aforementioned case, there are 6 distinct situations Lynne can face, Situation 1. Lynne stays in its present location and there is a downturn in the economy. Situation 2. Lynne stays in its present location and there is an upturn in the economy. Situation 3. Lynne stays in her present location and the economy remains the same. Situation 4. Lynne moves into a cheaper premise and there is

Ginsbergs friends Essay Example for Free

Ginsbergs friends Essay Howl is a dive into the other America, the city of night, the city of outcasts, beatniks and all those branded mad by regular society. The poem is for Carl Solomon, one of Ginsbergs friends, who was assigned to mental asylum Rockland where youre madder than I am, as Ginsberg states in the first line of the third stanza. But all the way through he is with him, declaring himself one with Solomon and as such with everyone who is considered an outcast, anyone who dares to go against the flow and herd-like mentality of his time. Howl is a comment on the stifling conformity of America of that time, being the Eisenhower era. The poem crosses many barriers. References to drugs abound, and Ginsberg himself has declared many times how he wrote the poem under the influence of peyote in an attempt to broaden the workings of the mind. The first stanza is a 78-line volcanic outburst of spontaneity in which Ginsberg presents through a stream of consciousness-technique image after image of the rejects of modern society, who ate fire in paint hotels or drank turpentine in Paradise Alley, death, or purgatoried their torsos night after night with dreams, with drugs, with waking nightmares, alcohol and cock and endless balls (Howl, line 10, 11). Grammatical rules are challenged in Howl. The only way to present the truth is to allow this long stream of thoughts to be poured out uninterrupted, spontaneous and dense, leaving the reader time to reflect upon what has been said, as the next image is already being presented, and after that another one and so on. The words follow the pattern of natural breathing and after the necessary pause for air, a new image follows before the reader can reflect upon the next image. The poem has to be read from beginning to end, as it is an indivisible unity. The city that had an overall positive portrayal in Leaves of Grass has become a bleak world where artificial light and colors dominate the landscape. Whitmans seas of bright juice have been exchanged for neon lights’. The excitement for the dawn of the age of democracy has waned, as each individual became a replica of another, mimicking the patterns and behavior of each other creating a monotonous existence with no room for all those who are different, who want to be different, and who aspire to do something different. In a world where being different is frowned upon, there is little hope for individuality and freedom, and Ginsberg created a world for all whose existence is being denied by society in his poetry. The way to achieve this is through an unrestricted outpouring of truth. To do this, the poet has to expand his boundaries, and Ginsberg did this literally. Ginsberg went on the road to further explore the world around him. Only then can he look for eternity: who drove cross-country seventy-two hours to find out if I had a vision or you had a vision or he had a vision to find out Eternity (Howl, line 60). We find the same quest for eternity in line 54, where it is linked to the wish to cross the boundaries of time: who threw their watches off the roof to cast their ballot for Eternity outside of Time, alarm clocks fell on their heads every day for the next decade. In the second stanza, Ginsberg evokes the Moloch line after line, like a chant or hymn. The Moloch is clearly a reference to modern society. Once more we discover how the city, still full of hope in Whitmans world, has left modern man destitute: What sphinx of cement and aluminum bashed open their skulls and ate up their brains and imagination? (79). In the modern world, there is no place for outcasts, run as it is by money: Moloch whose buildings are judgment! Moloch whose blood is running money! Whereas Whitman was positive about the city extending its boundaries upwards, in Ginsbergs world this has become a burden: They broke their backs lifting Moloch to Heaven!

Energy Consumption and Economic Activity

Energy Consumption and Economic Activity Abstract Nowadays, most analysts agree that energy is crucial for the global economic output, as it constitutes the backbone of international economy. Global trade, industry and ultimately our current lifestyle could not be maintained without it. As the world economy improves and new opportunities are created, it is expected that energy demand will increase significantly in the future. In recent decades, its significant role is understood by a lot of business sectors and academics, who investigate systematically the relationship between energy and economic development. The objective of this study is to examine the causal relationship between energy consumption and economic activity. More specifically, in the first part of the study the basic goal is the brief presentation of the indices that will be used to define and understand the term of economic growth and the contribution of energy in the process of economic development, and the second part presents the panel data econometric investigation of statistical package Stata with a view to investigate the existence or non existence of a causal relationship between the variable energy consumption and economic growth. The empirical analysis is performed along a check. Specifically, the set of test examines whether the consumption of electricity affects economic growth. The analysis focuses on a specific sample of countries comprising the 28 member states of the European Union. In addition it is significant to underline that for this econometric approach the economic development will be expressed through the human development index (HDI for consecutive years from 2010 to 2014), which is the most widely used measure o f development, while in terms of energy, the variable is the per capita electricity consumption (EPC for consecutive years from 2010 to 2014). While there is a long tradition in economics of development, in the last few years the term economic development has become part of our daily lives. Sustainable, green, urban, regional are just some of the characterizations weve seen, in various publications, articles, books and statements of personalities of the political, economic and academic space, to accompany the development. What do we mean by economic development and why the last few years it has gained so much importance? Its not easy to give a comprehensive and clear answer to the questions above. To get to the definition of the term development, it is good to begin from the examination of another term, that of growth. There are not few those who confuse the two terms. However, it is important to stress that the two terms are not identical. While so, when we look at the economic growth the focus of attention is directed at a very specific variable, the GDP(Gross Domestic Product), the study of economic growth it is difficult to focus on only one factor. The difficulty in this lies in the multidimensional nature of economic development as a concept. So according to all of the above, the concept of economic development is a changing, dynamic concept with a strong element of progression. This fact makes difficult the precise definition of. However, the diversification of the economic growth is evident. Indicators to measure the Development Of The measurement of development and in particular sustainable ÃŽ ±ÃŽ ½ÃƒÅ½Ã‚ ¬Ãâ‚¬Ãâ€žÃâ€¦ÃŽ ¾ÃŽ ·Ãâ€š3, as has been mentioned above is a challenge due to the multidimensional and dynamic nature of the.The investigation and measurement of development requires a series of indicators that touch the economic, social, environmental and institutional sphere in order to form an overall picture of the level of the country under consideration. Human Development Index Through the official page of the United Nations, and, more specifically, the first Report on Human Development introduced for the first time a new index for measuring development, the Human Development Index (Hyman Development Index). This indicator comprises three individual indices: life expectancy, educational attainment and income. Life expectancy is calculated with the average life expectancy at birth of an individual, the level of education sums the adult proportion of the population that knows the bible and the enrollment rates in primary, secondary and tertiary education and end the income represented by the real GDP per capita. The prices of the hdi range in a scale with the lowest point of the zero and superior to the unit and is essentially the non-weighted numeric average of the three above indicators. The gradient on the basis of which separate the countries according to the values of the following Countries of High Human Development The importance of the index and the contribution of a marker was decisive, since by the time that was put at the disposal of economists is perhaps the most popular indicator for measuring development. Europe and Economic Development The European Union acting as a single market consisting of 28 countries, has evolved into a global trading power. Covering only 7 % of the worlds population, the EUs trade with the rest of the world, nearly 20% of total world exports and imports. Important part of this commercial success is due to the free movement of goods within the European borders, after two-thirds of the total trade of EU countries is with other countries of the European Union . The economic displacement is indisputable if one takes into account that the GDP is now larger than that of the united states (Page, 2014). Despite the fact that the European Union is challenged in the last few years from a severe recession , the efforts for a closer cooperation between the member create hopes for new, innovative and environmentally friendly investment projects that will create the right conditions for lasting development and prosperity. The above data demonstrate a robust economy Ï€Ï ÃŽ ¿ÃŽ ´ÃŽ ¹ÃŽ ±ÃŽ ¸ÃƒÅ½Ã‚ ­Ãâ€žÃâ€°ÃŽ ½Ãâ€žÃŽ ±Ãâ€š equally good performance in terms of the level not only of quantitative but also of qualitative variables of economic development. Seeing a total of the scores of the table hdi, the countries of the European Union seems to indicate a high score. However, this observation is only one side of the coin. A careful reading of this index indicates variations in prices between states, and between the different regions within the same country. In accordance with the Table these differences are apparent by creating the following groups of countries: The Nordic countries (Norway, Iceland, Sweden, Finland, Denmark), the English-speaking (Uk, Ireland) and the countries of Western Europe (Netherlands, Belgium, Luxembourg, France, Germany, Austria, Switzerland) to create a set of countries with a head start in terms of GDP per capita. The countries of Southern Europe (Spain, Portugal, Ital y, Greece, Cyprus, Malta) are the second group of countries, introducing a lag in the per capita GDP in relation to the leading countries of Northwestern Europe. Finally, the countries of Eastern Europe (Hungary, Poland, the Czech Republic, Slovakia, Slovenia ), Baltic countries (Latvia, Lithuania, Estonia) as well as Romania and Bulgaria are significantly lower prices with regard to GDP per capita. As we have seen in this chapter the measurement of growth is carried out through a series of indicators. Eu and energy The concept of energy is inextricably linked with the European Union. Wouldnt it be excessive if it is supported it is one that the current european edifice owes its existence to the energy and the importance of the role of the wider region. Production, consumption and structure of energy in Europe  in accordance with the table below, the gross inland energy consumption in the European Union in 2012, appears to show a slight fall of 1% in relation to the measurements of   2011. The consumption of petroleum (crude oil and other products/petroleum derivatives) still has a leading role in the European economy, while natural gas has established itself as the second most important source of energy. The solid fossil fuels (e.x. coal, lignite) are losing more and more ground in the pie of energy resources, soil, winning the renewable energy sources which are currently in the last place in the table. The advantage over the RES still retains the nuclear energy which is the pre-last option of the Europeans in terms of energy sources. On the other hand, the primary energy production in the European territory remains unchanged over the last two years to 33 million TJ (Tera Joule). The predictions, however, regarding the future rates of energy production are not particularly favorable, as well as decreasing trends are observed in the production of oil, natural gas, solid fossil fuels and nuclear energy. A positive evolution is taking place in the part of the RES, where it is observed only an increase in the production of energy by 9%. The greatest reductions are detected in order to oil products and natural gas. Nuclear energy in spite of the reductions that were initiated in the last years, still represents the largest source of primary energy production in the European Union. Finally, the hesitant entrance of non-renewable waste in the table remains almost unnoticed, with a rate that does not exceed 2%. Observing ones tables understands easily the main points of concern of European leaders with regard to energy issues. The structure of final energy consumption in each country and the overall European rates in accordance with the table attest to the increased energy needs for oil and natural gas. The board, in turn, confirms the difficulty of Europe in responding to the coverage of energy needs. This gap arises in the energy balance is covered through the import of energy. The investigation happened in the first chapter, set some basic foundations for the understanding of the term economic development and for the importance of the factor energy in the context of the economy. Also in the previous chapter reference was made to the level of economic development in the European area (in terms of quantitative but also the qualitative side of development) and a brief review of the energy strategy of Europe in matters of energy production and consumption , composition of resources, but also the problem of energy dependence, mainly from Russia. The focus of interest in the European area that was in the first section followed by an empirical analysis in order to examine the possibility of a small the larger relationship between economic growth and energy consumption. More specifically, the second part consists of a brief econometric investigation which will be carried out through the statistical program STATA, in order to examine the possibility of a relationship of causality between economic growth and energy consumption. In other words, in this section, the main objective is to examine whether the energy consumption affects economic growth. More specifically, the second part consists of a brief econometric investigation which will be carried out through the statistical program STATA, in order to examine the possibility of a relationship of causality between economic growth and energy consumption. In other words, in this section, the main objective is to examine whether the energy consumption affects economic growth. Variables: In most studies of this kind of economic development are examined through a particular pointer that is none other than the GDP. In the first part, made specific reference to the different meaning of the term economic development and economic growth, where it was noted that the GDP as an indicator is suitable for measurement of growth but insufficient for measuring development. So in this analysis, the economic growth will be expressed through the human development index (HDI for years 19952010)11, which is the most popular indicator for measuring development. In terms of energy, the first variable is the per capita consumption of electricity (kilowatt hour/capita for the years 19952010) 12, and the second is the per capita natural gas consumption (cubic meter/capita for the years 1995 2010) As it   has been pointed out above, until today, the existing empirical findings on the causal relationship between energy consumption and economic growth is not characterized by uniformity. This is because the econometric approach, time periods and the sample of countries analyzed in each survey vary significantly. the results of The econometric study suggest that there is no causal relationship between energy consumption (per capita electricity consumption and per capita consumption of natural gas) and the index of human development for the countries of the European Territory(with the exception of Cyprus and Malta). At this point, we should mention the limitations that existed in the econometric investigation. The econometric analysis ideally would be in the data/observations of at least 30 consecutive years(19802010). Most countries, however, are characterized by incomplete statistics, during the period from 1980 to the early 90s, which limited the possibilities of analysis on data/ observations 16 consecutive years (19952010). Finally, the application of the above econometric analysis variables and the consumption of energy derived from renewable energy sources is an interesting option for future research, as well as the existing statistical data for the use of renewable energy sources is not enough. Also, the application of the analysis in most of the development indicators would offer a more integrated position.

Exploring the Theme of Love in Sonnets 57 and 58 Essay -- Shakespeare’

Shakespeare’s sonnets are numbered in a sequential order and adjacent sonnets often have similar content. Throughout Shakespeare’s sonnets, he covers many subjects, such as interest in the life of a young man, his love for a young man, and his love for a dark haired woman. In sonnets 57 and 58, Shakespeare discusses how love is like slavery in its different manifestations. The object of the narrator’s love has a dominating power over the narrator, which controls him and guides his actions. Shakespeare shows in sonnets 57 and 58 that love can be displayed by using many different routes such as viewing love as a controlling force, exploring the theme of time and waiting in regards to love, and the question of the physical state of being of love. Throughout both sonnets there is a sense that the narrator has resigned himself to the slavery of love. In sonnet 57, the narrator asserts in the first two lines that all he (we will assume the narrator is a "he") can do is wait until the lover needs something. This blind devotion to the lover seems to come without any reservations on behalf of the narrator and seems to be a natural inclination to give of one’s self whole-heartedly and unconditionally ("unconditional love"). In sonnet 58, line 13, "though waiting so be hell" shows the pain that the narrator is going through while he is waiting on the lover. In sonnet 58, line five, "let me suffer, being at your beck" again constitutes this devotion of the narrator to the recipient of the love without any reservations. The narrator is willingly accepting suffering, hell, and sadness, as seen in the phrase "sad slave" (sonnet 57, line 11), in order to be a slave to love. This devotion to loving servitude is admirable and the bon d formed... ... that love thinks no ill. Shakespeare uses many different methods of discourse to examine this theme of love. In both sonnets the lover is exerting his control over the narrator, but the narrator does not really mind being controlled in either sonnet. Both sonnets include many elements and references to time and waiting and all of these references relate to love by showing love’s long lifespan and varying strengths over time. The only major difference between the two sonnets lies in their addressing love. Sonnet 57 talks directly to it in a personifying manner, whereas sonnet 58 merely refers to it through other means. Through this variety of explorations of the theme of love, Shakespeare shows that love has many faces and ways of expressing itself. Â   Works Cited McCurry, Justin. Absence Makes the Heart Grow Fonder: Shakespeare’s Sonnets 57 and 58.

Economics Question Jaibb

PAPER 6 : ACCOUNTING FOR FINANCIAL SERVICES Full Marks : 100 Module A: Introduction and Environment †¢ Purpose, Nature, Uses and Users of Accounting Information, Functional and Operational Definition of Accounting, Accounting Principles, Standards and Regulations, Forms of Business Organizations and Accounting systems. Module B: Analysis of Financial Statement †¢Objectives of Financial Statement Analysis, Financial Statement Analysis, Horizontal and Vertical Analysis, Comparative Financial Statements, Communize Statements, Financial Ration Analysis, Trend Percentage, Specialized Analysis, Cash Forecasts, Analysis of Changes in Financial Position, Break-Even Analysis, Cash Flow Statement, Unadjusted Trial Balance and Adjustments. Module C: Processing and Recording of Accounting Information †¢Transaction, Analysis of Transaction, Accounting Cycle, Recording of Transaction, Double Entry System, Golden Rule of Debit and Credit, Posting of transactions to the Ledger, T Form and Multi Column Ledger, Preparation of Cash Book, Single Column, Double Column and Triple Column Cash Book, Preparation of Trial Balance, Suspense Accounts, Reflection of Errors Adjusting Entries and Closing Entries Accrued and Deferred Revenue and Expenses. Module D: Financial Statements for Different Entities †¢ †¢ †¢Service, Merchandise and Manufacturing Operation: Income Statement, Cost of Goods Sold, Cash Flow Statement, Balance Sheet, Limitation of Balance Sheet. Partnership and Joint Stock Companies: Specific Characteristics of Financial Statements of Partnership – Capital Account, Current Account, Profit and Loss Adjustments Account. Distinguishing Characteristics of Financial Statements of Companies. Banks and Other Financial Institutions: Provisions of Bank Company Act, 1991 (with Amendments), Preparation of Profit and Loss Account and Balance Sheet of Banks.Provisions of Financial Institutions Act, 1993 (with Amendments), Preparation of Profit and Loss Account and Balance Sheet of Financial Institutions. Module E: Accounting for Assets †¢ Current Assets: Inventory Valuation, Periodic and Perpetual Method for Ascertaining Closing Inventory, Average, Last In First Out (LIFO), First In First Out (FIFO), Account Receivables. †¢ Fixed Assets: Depreciation Methods, Recording of Depreciation, Valuation of Fixed Assets, Depreciation as a Cost Allocation. Module F: Journal Rules for Journalizing †¢Different Types of Journals, Sub-Division of Journals, Posting of Accounts, Ledger, Interpretation of Ledger Account, Writing of Different Types of Cash Book in Columnar Form, Imprest System of Petty Cash, Bank Reconciliation System, Journal Proper. References 1 2 3 4 5 Anthony, Reece – Accounting Principles (Richard D, Irwin, Inc. U. S. A. ). Anthony, Robert N. – Essentials of Accounting (IRWIN, U. S. A. ). Harmenson, Edwards, MAHER – Accounting Principles (IRWIN, U. S. A. ). Khan, Md. Mainuddin – Advanced Accounting (Ideal Library, Dhaka). Weygandt, Kieso Kell – Accounting Principles (John Wiley and Sons Inc. U. S. A. ).

Interpersonal Communication Essay

In the healthiest of environments, people advance from ‘relationship’ to ‘engaged’ status because two people have mutually acknowledged each other, have common understandings, and act with the other person’s concerns in mind. A relationship, be it for marriage, friends or business, requires a domain of actions and an assessment that your partner is worth trust because they act with the intention to take care and not betray shared concerns. One of those elements is the interpersonal communication between the people in the relationship. When communicating effectively, there is a behavioral coordination that results from the coupling between two people in such a way that the relationship can limit the drift of day-to-day life, and move with effective communication practices that will address fundamental concerns. The bedrock of effective interpersonal communication is to first know who ‘you’ are. Review and understanding of your self-concept, self-image, self-esteem, and personality will allow for greater spaces for possibility to understand the same elements of your partner. Interpersonal communication involves both verbal and nonverbal communication and both of these communication types can be expressed in a variety of different ways. One aspect to clearly understand is that communication is complex because it involves two or more people to be in a dance of coordinated action that will take care of concerns and/or fulfill the narrative of the future. Communication is also continuous; to be most effective in the domain of interpersonal communication there is a requirement of recurrence, recursion  and reciprocation. Communication is also dynamic in that the action requires the embodiment of practices that allow you to transform between public, private and behavioral queues with your significant other. Equally important to remember is the misconception that communication cannot transform interpretation. Languaging is a linguistic coordination of linguistic coordination’s, a domain of descriptions of descriptions that refer back to themselves for meaning. Our classroom text asserts that we cannot exactly repeat something we have said in the past. Even if our words are the same – the tome of voice and other characteristics such as posturing and tone will differ- and the listener will also have a different impression (sole, K. 2011). Communication is also irreversible in that we cannot take back our words once spoken. This is why it is very important to be conscious of what you are saying in moments of anger when you might say something that you may later regret. The harmonious combination of two different points of view can certainly be viewed as a barrier to effective interpersonal communication because balance between the two is not always achieved. Common communication problems in relationships are assessed as: 1) Silence or refusal to speak; 2) giving into the other person at a cost of self or the relationship (also known as placating); and 3) psychological requests or reports – which is essentially the announcement of a feeling, emotion, or state of being without any commitment to act from the assessment produced an/or speaking without regard for the truth to fulfill a concealed agenda. Let’s face it – the silent treatment is more often than not a way of inflicting pain on the other person, or to get them as angry or disappointed as you are. Either way, there are no good outcomes possible for effectiveness to be achieved. Giving in to your significant others demands can defuse a negative situation, however, over the long term you can loose who your ‘self’ is and the foundation of the relationship can begin to become eroded. Visions of virtues, what is a good life, beliefs, and what is important for being taken care of can be lost subconsciously without you even knowing it when you give into placating. The last of the three barriers mentioned is psychological warfare. This could be sabotage born out of feelings of resignation, despair, boredom, resentment, distrust, confusion, being overwhelmed, and skepticism. It is important to try and be a third party observer of your moods because they color your outlook about your relationship and the world over extended periods of time. Moments of perturbation should be discussed with your partner in the moment or soon after so that bottled up aggression does not have the opportunity to morph into something much worse in the future such as ‘playing games’. As reviewed in chapter three of our classroom text, what you perceive in the world depends on what you pay attention to (Sole, K. 2011). With acceptance of this assertion then it is easier to understand how you organize and interpret what you perceive, and the framework of your emotions take place. Always remember that emotions are specific ungrounded assessments that live in our bodies for only a short period of time as feelings and thoughts. The perception of your partner may differ from your own; in fact, it most likely does because you both have had two different journeys throughout life from birth to the present moment. It is important to remember that emotions are the result of perturbations of our nervous system and provide automatic and ungrounded assessments about the world because as reviewed earlier, our individual ‘worlds’ are made up of only what we are paying attention to. Some emotions are inherited genetically and some are learned. Emotions though, only tell us how we ‘feel’; not the ‘truth’. With this in mind we can begin to understand then to be careful to know the difference between stating a ‘truth’ to our partner and making an ‘assertion’. With interpersonal relationships it is important to be aware of our emotions and how they affect the people around us, including our significant others. Non-verbal communication is defined as communication of a message without words, which means that it encompasses a wide range of vocal and visual signs and behaviors (Sole, K. 2011). Throughout your relationship you will  express yourself not only with your voice or with a pen, but also with eyes, facial expressions and body posturing. When listening to your significant other it is recommended to be aware of your body posture; the technical term for this is called kinesics. For example, sometimes there is no greater expression of affection for someone than the embrace of a hug or putting your arm around them (Burgoon, Buller, Woodall, 1996). As time goes on most partners begin to pick up on what the other is thinking without even speaking through non-verbal communication habits. For example, my fiancà ©e figured out that whenever I rub my eye with my index finger by putting pressure in corner of eye, I am in a mood of frustration or anger; and I never realized I did that till she pointed it out to me! Emotional Intelligence, also known as EI, is a reference to the capacity that someone has to understand, communicate, and manage emotions; and further the ability to understand and respond to the feelings of others (Sole, K. 2011). This is an especially powerful element to successful relationships because it expands the different possibilities for thinking and actions that a couple can take throughout a lifetime together. EI is a reference that someone has a background of listening taking place where future possibilities are being listened to, even while declarations for thinking or acting have taken, or are taking place. Take the various moods of yourself and your significant other for example. The understanding of moods can help in managing conflicts with one another. Moods color a persons point of view about life for periods of time and have body postures associated with it. If you see your significant other standing with their arms crossed and eyebrows bent while eyes are starring at you like daggers, then you may not need them to say that they are frustrated because you can interpret that with your level of emotional intelligence. A submission from my own meandering experience on like is to recognize the difference between the things you can, and the things you cannot change in life. Do your best to let go of negative thoughts and change negative interpretations. If your significant other is not able to spend a lot of time with you because of the amount of time you work for example, then  instead of ‘getting down’ on it be thankful that you get to end the day with him or her, and that they are ambitious instead of lazy. Another broad suggestion that does not encompass a specific situation would be to stay away from â€Å"I† statements. Our text for the class uses a great example for this. Instead of â€Å"you make me so angry sometimes† TRY: â€Å"I am so angry with you sometimes†. It shows that you are taking ownership for your own emotions and are describing a behavior instead of simply acting on it without thinking the situation through. CLOSING: The bedrock of effective interpersonal communication is to first know who ‘you’ are. Review and understanding of your self-concept, self-image, self-esteem, and personality will allow for greater spaces for possibility to understand the same elements of your partner. References Bower, B. (2010, November). Shared talking styles herald new and lasting romance. U.S. News & World Report, 1. Retrieved from ABI/INFORM Global on July 22, 2011. Document ID:2223940991 NARA SCHOENBERG. (2011, February 6). Can we talk? Researcher talks about the role of communication in marriages. Houston Chronicle,p. 7. Retrieved July 28, 2011, from ProQuest Newsstand. (Document ID: 2260839481). Nathan Miczo, Chris Segrin, & Lisa E Allspach. (2001). Relationship between nonverbal sensitivity, encoding, and relational satisfaction. Communication Reports, 14(1), 39-48. Retrieved July 25, 2011, from Research Library. (Document ID: 72022836). Preston, P. (2005). Nonverbal communication: Do you reallynsay what you mean? Journal of Healthcare Management, 50(2), 83-6. Retrieved from ABI/INFORM Global. Document ID: 814698921 Sole, K. (2011). Making connections: Understanding interpersonal communication. San Diego, CA: Bridgepoint Education, Inc. (https://content.ashford.edu)

Mr Rana

SUPPLEMENTARY INFORMATION FORM SEPTEMBER 2013 ENTRY This is not an application for admission. To obtain admission application information, please visit http://futurestudents. yorku. ca. Current York students applying for Delayed Entry (Year 2) should complete a BBA Delayed Entry Application form and attach it to this Supplementary Information Form. Information packages for Delayed Entry are available at W262P, Seymour Schulich Building. All candidates must submit a completed Supplementary Information Form to the Schulich School of Business by the applicable deadline date indicated on this form. York Reference Number: Program Choice: 13127592 (9 digit code sent by York Admissions) ? Bachelor of Business Administration (BBA) ? International Bachelor of Business Administration (iBBA) Which category are you applying for? (Check only ONE): ? 1st-year Entry applicants. Submit this Supplementary Form by February 6, 2013. ? 2nd year (Delayed Entry) applicants. Submit this Supplementary Form by March 14, 2013. Personal Details Rana Zeeshan 01 09 95 Surname First Name Date of Birth (dd/mm/yy) Address / / ? Male ? Female 388 E2- Wapda Town Punjab 54810 Country Province/State Pakistan Postal Code/Zip Code Current or most recent Educational InstitutionLahore Grammar School City and Province/State of Institution Lahore, Punjab Protection of Privacy: Personal information in connection with this form is collected under the authority of The York University Act, 1965. The information will be used to process your application and upon registration and enrolment, will form part of your student record at the Schulich School of Business. If you have any questions about the collection of this information by York University, please contact: Manager Information Service, 99 Ian MacDonald Blvd. , York University, 4700 Keele Street, Toronto, Ontario – Canada, M3J 1P3, 416. 36. 5000 York Reference Number: 213127592 Initials: Z. Rana Schulich Supplementary Information Form for Septemb er 2013 ______________________________________________________________________ INFORMATION AND INSTRUCTIONS FOR COMPLETING THIS FORM The purpose of the Supplementary Information Form is to help us determine the candidate’s leadership potential, communication skills and well-rounded approach to education. †¢ Leadership Profile and answers to essay questions must be typed in the space provided. Include your York reference number and initials at the top of each page.Do not send originals of certificates, ribbons, projects, etc. The Schulich School of Business cannot return any submitted materials. Do not send photographs, videos or audiotapes. Waiver Please read carefully, sign and date. WAIVER – A clear sense of academic honesty and responsibility is fundamental to good scholarship. Conduct that violates the ethical or legal standards of the University community will result in automatic disqualification. I hereby certify that the information provided in this applica tion and in any material filed with this application is, to the best of my knowledge, true and correct.The Leadership Profile and Essay responses are completed by me. I understand that the misrepresentation of this information is grounds for the Schulich School of Business to cancel my admission to, or registration at the University. I have read all the text carefully and am making this my one and final submission. Signature Date Submission of your Supplementary Information Form Incomplete forms will not be processed. Please review the â€Å"Checklist for Submission† below. Once completed, print all pages of the Supplementary Information Form and submit it to the address below by the applicable deadline date indicated on page one.It is recommended that your Supplementary Information Form be submitted prior to the deadline date. Limited space is available in our programs. Please send your completed supplementary information form (in person or by mail) to: Undergraduate Program s Unit Division of Student Services and International Relations Schulich School of Business, Room W262 York University 4700 Keele Street Toronto, Ontario M3J 1P3 CANADA CHECKLIST for Submission ? Personal Information ? Leadership Profile ? Three Essay Questions ? Signed Waiver ? I have a copy (for my own record) of my completed Supplementary Information Form ?Explanation for why you have repeated a course(s) (if applicable) 2 York Reference Number: 213127592 Initials: Z. Rana Submission of your Academic Documentation All other information, including academic transcripts, language proficiency test scores, address changes, etc. , must be sent to the York University Admissions and not to the Schulich School of Business. The Schulich School of Business cannot be held responsible for forwarding your documents to York Admissions. Please mail any academic documentation directly to: York University Office of Admissions Bennett Centre for Student Services 99 Ian MacDonald Blvd Toronto, ON M3 J 1P3 CANADAConfirmation of Receipt Confirmation of receipt of your Supplementary Information Form can be checked on â€Å"MyFile† at http://www. yorku. ca/myfile. Due to high volume, it may take approximately 14 business days from receipt (by the Schulich School of Business) of a Supplementary Information Form, for â€Å"MyFile† to be updated. We appreciate your understanding that we are dealing with a sustained high volume of applications from December through February, and may not be able to provide receipt confirmation via telephone or e-mail. For tracking purposes, applicants may send their Supplementary Information Form via courier rather than general mail.Leadership Profile Instructions & Example Complete Leadership Profile using the space provided below on Page 4 and Page 5 (please type). List any extracurricular activities and/or community involvement that you participated in during the last two calendar years. (i. e. 2011 and 2012). Examples include student c lubs, events, organizations, band, sports, competitions, conferences, volunteer work, community service, paid employment, etc. Include activities where you made an impact. Include contact details for a referee, as we will contact them as deem necessary.Referees will be able to confirm the information that you have indicated on the form and holds a position that oversees or is responsible for the activity. EXAMPLE: Activity (include your role/position) Referee Contact Info (name, role, email, phone) Mr. John Doe Teacher [email  protected] com 123-456-7890 Description of activity (125 word limit) Chosen by my school to be a delegate at the Canadian High Schools Model United Nations. At the conference, I debated global issues. I represented Sweden and learned about the challenges in the European economy. I met and worked with students from across Canada and it helped me improve my communication skills.Participant, Model United Nations 3 York Reference Number: 213127592 Initials: Z. R ana Leadership Profile Activity (include your role/position) Referee Contact Info (name, role, email, phone) Description of responsibilities (125 word limit) NASA Space School : July 2011 Muhammad Ali Lecturer (Chemistry) +92 321 8859967 ali. mughal. [email  protected] ail. com I attended the NASA Space School in Houston, Texas during my summer holidays. I was elected by the school administration as the team leader of my school’s team. The program was based on engineering tasks focusing on NASA’s Mars exploration program.One of the most difficult tasks given to us was to build a rover. As team leader, I strategically spent our entire budget to buy all the available wheels but my strategy paid dividends as later on; we were able to sell them to other teams at a profit. This allowed us to buy more resources which led us to our victory. We were successful and were awarded medals of excellence. Activity (include your role/position) Referee Contact Info (name, role, email , phone) Description of responsibilities (125 word limit) Saved Life; Personal leadership Mrs Humera Saved person email: none +923227454321Hundreds of homes were destroyed in the floods that hit Pakistan in 2011. I still can't forget the traumatizing sights of my village where i saw a distressed woman with her new born child crying in her arms with two little children by her side. She had nowhere to go since the roof of her hut had collapsed. I took her to the camp that was created to provide aid and facilities to the affected. This time was very significant for me as I learnt how unpredictable life is. So many people wouldn’t have predicted becoming homeless and helpless with the entire course of their lives changed.I discovered the pleasure of contributing back to the society and those in need which made me realize the significance of volunteer work Activity (include your role/position) Referee Contact Info (name, role, email, phone) Description of responsibilities (125 wor d limit) Fund Raising; Head of Department of Social Events. & Editor-In-Chief of Eye on Lahore Zair Zahir Manger at Next Generation Pakistan [email  protected] com +923234950392 When Punjab suffered from flooding, I organised a convincing campaign under Next Generation Pakistan to facilitate the flood victims.I was heading the department of Social Events which was responsible for arranging various events in the form of fundraisers. This was a great responsibility. I allowed creativity within my team where everyone had the autonomy to brainstorm and reach their maximum potential. It was a success for we collected Rs. 6. 2 million. Soon Eye on lahore, the first ever Pakistani internet youth portal, was launched. Being its Editor-In-Chief, this successful entrepreneurial venture promptedme even more to pursue IBBA and examine the standard framework of how people capitalise on investments. 4York Reference Number: 213127592 Initials: Z. Rana Leadership Profile Activity (include your ro le/position) Referee Contact Info (name, role, email, phone) Description of responsibilities (125 word limit) Youth Advocacy Network (YAN): Volunteer from January 2010 to 2012 Sadia Sarfraz Head of Volunteer Deapartment [email  protected] com +923134904445 In my role as a volunteer for the Youth Advocacy Network (YAN), I was responsible for educating the youth of Lahore about sexually transmitted diseases (STDs) and organize an awareness campaign regarding the issue of drug addiction drug.Our awareness campaign over this issue has been our most successful work. We had made a documentary portraying the after effects of using drugs. My job was to carry out the necessary interviews in the documentary. To take our campaign to the next level, I decided to do something about the growing trend of underage smoking in our community. After discussing it with other club members, I lodged a police complaint against a local shop owner who sold cigarettes to underage smokers. Activity (include your role/position) Referee Contact Info (name, role, email, phone)Description of responsibilities (125 word limit) Lahore Grammar School Mathematics Society President. August 2012 to 2013 Mr Amjad Iqbal Maths Department Head at Lahore Grammar School [email  protected] mail. com +923334200945 This year I was nominated as the Math's Society President of my school. As the President of the Math's society I also had the privilege of organising a large-scale inter school mathemaics contest called â€Å"Parakration†, I was responsible for collecting sponsors, organizing the statistical data of over 700 participants and managing finances. The mammoth budget of Rs 1. 0 million required ample planning with resource allocation. This experience taught me how to handle money effectively and made me realize the importance of time management. Also, I was amongst the top pool of International Mathematics Kangroo Competition, ranking 29th nationwide. Activity (include your role/position) R eferee Contact Info (name, role, email, phone) Description of responsibilities (125 word limit) Play by LGS JT, Marketting Manager Tayyab Shafiq I was a part of a crew for a play. I was working back stage and I realized the importance of letting go of personal interests and give way to theProduction Manager greater solidarity of the group to achieve the set goals. I was responsible for marketing and publicity and it required enough effort to [email  protected] c maintain effective communication between all the group members for om the smooth execution of tasks. Effective communication was pivotal to crisis management and conflict resolving. I contributed in designing +923338440248 publicity tools and advertisements along with reaching out to various schools in Lahore to attend the play. 5 York Reference Number: 213127592 Initials: Z. Rana Essay Questions 250 word limit for each response) A) Tell us why you want to study at the Schulich School of Business. As it is my firm belief t hat businesses can truly flourish if their internal structuring is sound, my hope is to provide in-house, economic and efficient solutions to Pakistani businesses to streamline their day-to-day operations. Therefore, I need a very rigorous specialized, academic and professional undergraduate degree in business studies for the realization of my ambitions. Schulich School of Buisness provides just that perfect blend for honing my personality.It provides an excellent academic curriculum and also plays an extremely pivotal role in nurturing professional skills. The dense network of Schulich graduates in the business world will give me direct access to the top businessmen, entrepreneurs, venture capitalists and economists. Furthermore, the school's exchange program is another reason why i wish to study here. In this extensively interconnected world that we live in, an exchange term would open for me a global range of career opportunities where I will be able to experience the diverse cul ture and business environment of different societies.Moreover, the city of Toronto, as a radiant international social hub also appeals greatly to the passionate learner in me. I truly believe that polishing my skills from a university known for its mastery in buisness would propel me to enormous heights in my career and I am certain that if given the chance, I would give my very best to the program and prove myself a valuable asset to this prestigious institution. B) In an interview by a prestigious journalist, you’ve been asked to share your deepest thoughts on what motivates and shapes your leadership style and deep desire to succeed.How would you respond? I have come to believe that life is leadership. To see it any other way would be a fallacy. Think about it. We live, so we lead our lives. And if we are not doing this, we are drifting into oblivion. To lead ourselves and consequently others, we must also follow – these are two sides of the same coin. We can follow our own ego or what others say, blindly; or we can choose to act wisely by deeply reflecting on what we observe, hear and experience. We need to relate these findings with the immutable laws of nature that govern life, before drawing any firm conclusions.We grow in understanding and vision only when we become acutely conscious and aware of self, of others and of our environment. This ever-expanding awareness is the crucible where the sense of personal leadership begins to take root. You and I represent the zenith of a very long journey of humanity. In this context, I would define success as us being a vital part of this dramatically choreographed continuum in which we learn and share freely, with passion and with responsibility, all along, desiring the best for ourselves and for others, in terms of the abundance life offers.What has shaped my thinking on leadership is the thought that as we grow in awareness and see more clearly, our responsibility increases – responsibility to not only benefit from our rich global heritage, but also to inspire others through our everyday decisions and actions. If continuous learning, living and sharing is not the essence of leadership, I wonder what is! 6 York Reference Number: 213127592 Initials: Z. Rana Please answer either question (C) or (D) C) Select two leaders – one you admire greatly and one you do not. Briefly outline why you see them as leaders, and why you admire one and not the other.D) Recently, the role of corporations in society has evolved to take a more extended view of corporate citizenship, acknowledging and actively engaging in political roles. What do you think should be the role of multinational corporations in rehabilitating the areas stricken by Hurricane Sandy? Please critically discuss the process and social impacts of these multinational enterprises working as non-government organizations. Indicate essay choice: ?C or ?D Well I would go with more unconventional leader. One that I admi re would be my friend who is the president of a local chapter of an international society called AIESEC.I admire his leadership style because he leads by example. Setting standards for his subordinates and yet being humble at the same time. He provides a role model for his team members and guides them to get the specific goals and tasks that he assigns them. The channel of communication is smooth as he takes time out for every member and makes sure that he knows what’s going on in their personal lives hence establishing a very informal and personal connection. I have rarely focused my attention on those whom I do not admire. I believe that such an endeavor serves no purpose.We can and should keep our eyes open to learning from all those we come across. When we witness evil deeds, we realize the value of good. All human beings have potential for good and evil. Our job as leaders is not to harbor prejudice against any individual or group. Instead, we need to behave in ways that increases the likelihood in others of the good within them to surface and flourish. In my view, the root of all evil is our ignorance. Only the light of knowledge can illuminate our minds and hearts to the right path – a path that inspires all that is good in us.However the leader that I won't like to follow would be my football team captain. He has a more commanding leadership style where he doesn’t like criticism & works as a one man-army which affects the team equillibrium. Please provide an explanation for any repeated course(s) Thank you for your interest in the Schulich School of Business! Please check your MyFile account at http://www. yorku. ca/myfile for the status of your application. Schulich does not offer early admission. The first round of offers will be sent in March. GOOD LUCK! 7

The legalization of marijuana for medical purposes Essay

The legalization of marijuana for medical purposes - Essay Example Several studies have revealed that persistent intake of marijuana accelerates the occurrence of the diseases that the proponents of its legalization assert that it cures. Another controversy entails the method of treatment used with marijuana. Smoking is not a very good method for taking medication since it accelerates and causes other conditions. This paper will analyze and discuss in detail the reasons why legalization of marijuana for medicinal purposes should not occur. The paper will provide the premise that states should not legalize marijuana for medicinal purposes. It will first provide a history of the legalization of marijuana for medicinal purposes as well as the nature of the debate surrounding this issue. There has been a vigorous debate about legalization of marijuana for the last 40 years. Some of the policies supporters argue that marijuana is a safe drug hence individuals should possess small quantities. They also assert that criminal sanctions against personal use and ownership characterize at worst extremely harsh and unnecessary penalties. On the other hand, the opposers of the policies claim that alleviating of present laws contradict that marijuana is not a benevolent drug, particularly according to new psychopharmacologic information shows that marijuana shares many characteristics with other illegal drugs. (Joffe & Yancy, 2004). Although researchers acknowledge the medicinal value of marijuana since time in memorial, there are other traditional drugs that cure the same conditions that marijuana can treat since monitoring the dose of marijuana is hard (Koger, 2006). There is unreliable evidence that marijuana may be useful in treating a number of medical conditions hence a v ital force behind efforts to change the legal position of marijuana (Joffe & Yancy, 2004). However, doctors have used the plant for arthritic pain, treatment of pus-forming infections and fever (Koger, 2006). In addition, marijuana may have benefits on these conditions: wasting related to AIDS, nausea after chemotherapy, spastic disorders, and relief of interocular pressure related with glaucoma. However, despite the benefits the dose of marijuana used could risk a patient a prison sentence (Conboy, 2000). The debate on legalization of marijuana for medicinal purposes remains very controversial. While the health professionals are ethically required to offer the best possible treatment, they also have to follow the state and federal laws. Consequently, there has been extensive research to establish the mechanisms, potential uses, side effects, and alternative delivery methods of the contents of this drug (Yambura, 2008). Political buzzwords such as â€Å"War on Drugs† have del ayed the legalization of marijuana in the U.S. In addition, the role of states’ rights complicates the matter further since it is not directly involved in the ethics of the policy as much as the country’s federalist structure (Rabbani, n.d). History of the legalization of marijuana for medical purposes In the modern world, marijuana is one of the most well known and diversified of plants. It was native to central Asia but only recognized for its medicinal purposes five years ago during the reign of the Chinese Emperor Chen Nung. However, marijuana’s medicinal properties were evident much later in the West. In the United States, marijuana was widely used for