Tuesday, August 25, 2020

Third Culture Kids essays

Third Culture Kids papers The 21st century will be recognized as the time of globalization. American people are making a trip to and living in nations all through the world, as their organizations move them starting with one office then onto the next over the globe. As a rule, these specialists are hitched and are joined by their offspring of changing ages. As indicated by the book The Third Culture Kid Experience by David Pollock and Ruth Van Reken, the encounters of young people who spend a huge piece of their youth living abroad are both helpful and testing. The creators talked with various Third Culture Kid (TCK) guardians about the time spent in different nations. For other people, who plan on traveling to another country or have just left, the book brings new experiences and gives bolster realizing that one's family isn't the only one. It would likewise pay for organizations to give a duplicate to every one of its representatives taking off to far off lands. For the individuals who live in the United States, the book gives another perspective on effect of an undeniably worldwide world. The creators offer this meaning of the worldwide kid: A Third Culture Kid (TCK) is an individual who has spent a noteworthy piece of their formative years outside the guardians' way of life. The TCK manufactures connections to the entirety of the societies, while not having full proprietorship in any. In spite of the fact that components of each culture are absorbed into the TCK's life experience, the feeling of having a place is in relationship to other people The essential comparability between all TCKs is mobilityall Third Country Children experience huge change and unpredictability in their initial years. What sort of effect will this living game plan have on these young people in the since quite a while ago run' All kid behaviorists perceive that young men and young ladies need strength and structure in the primary decade of their lives. ... <!

Saturday, August 22, 2020

Historical Figurs of Nursing Free Essays

Authentic Figures of Nursing Whenever individuals notice or think about the historical backdrop of nursing or nursing training numerous right away consider Florence Nightingale or Clara Barton. In truth, Florence merits credit for the headways she made in nursing, yet nursing returns farther than Florence Nightingale. One medical caretaker, that little is thought about is James Derham. We will compose a custom article test on Verifiable Figurs of Nursing or on the other hand any comparable point just for you Request Now James was naturally introduced to bondage in around 1762, in Philadelphia, Pennsylvania. James was known to be claimed by three unique people, every one of whom were specialists, one in Philadelphia, a British armed force specialist, and a New Orleans doctor (Hansen, A. 002). In the eighteenth century it was normal for nursing training to be gotten through an apprenticeship, which is actually how Derham turned into a medical caretaker, helping every one of the three of his lords and gaining from them. One of his lords, Dr. Robert Dove of New Orleans, supported Derham’s enthusiasm for medication. James filled in as a medical caretaker and bought his opportunity in 1783 (Wikipedia). Subsequent to buying his opportunity, Dr. Derham opened a clinical practice in New Orleans, by age 26 his yearly hoops surpassed $3,000. 00 (Cobb, W. 1963). Dr. James Derham is the principal African-American to officially rehearse medication in the United States, despite the fact that he never got a clinical degree (Nursetini, 2009). Dr. Derham was known to communicate in English, French and Spanish. Dr. Derham came back to Philadelphia where he had some expertise in throat sicknesses and ailments identified with atmosphere (Wikipedia). Dr. Benjamin Rush, the dad of American medication, talked with Dr. Derham and had the accompanying to state â€Å"I have bantered with endless supply of the intense and scourge sicknesses of the nation where he lives. I expected to have recommended some new drugs to him, yet he proposed a lot more to me. He is unobtrusive and participating in his habits. He communicates in French easily, and has some information on Spanish† (Bennett, L. 1970). Derham vanished around 1802, destiny obscure (Nursetini). In 1960 New Orleans set up the James Derham Middle School (presently Junior High School) in his respect (Nursetini). Dr. James Derham exhibited through his commitment to his calling what people can accomplish with difficult work. He conquered a few boundaries during his vocation, for example, bondage and absence of proper training, to get perceived as an expert who added to social insurance and the treatment of patients. Another person who has contributed altogether to the progression of nursing is Margaret Sanger, contraception pioneer (Wardell, D). Margaret was conceived in 1879 in Corning, N. Y. , one of eleven offspring of Irish migrants. Margaret’s mother had 18 pregnancies, getting more fragile and more diseased with every one, biting the dust in her 40’s. Margaret’s objective was to turn into a specialist and to assist people with enjoying her mom. Lamentably there wasn’t any cash for Margaret to go to clinical school, however two of her sisters bolstered her instruction finically to turn into a medical attendant. Margaret was an OB Nurse working for the most part in the East-Side/Lower East Side of New York City where she regularly got calls to help and will in general lower pay ladies following self-initiated premature births. The terrible instance of Sadie Sachs is a notable second in the Sanger â€Å"saga. † As Sanger herself saw it, the Sachs case denoted the defining moment of her life and the start of the U. S. contraception development (Wardell, D. 1980). Sadie Sachs was a multi year elderly person, mother of three kids who got out for help following a self-prompted fetus removal and had blood harming. Margaret remained by Sadie’s bedside for three weeks, constant, until the emergency was finished and Margaret’s day in and day out consideration was not, at this point required. Margaret was available, when Sadie approached the doctor thinking about her, how to forestall another pregnancy. The doctor advised Sadie to have her significant other rest on the rooftop. A quarter of a year later, Margaret was called again to Sadie’s home, for a similar explanation. Ten minutes after Margaret’s appearance Sadie kicked the bucket. Margaret settled on her choice: â€Å"It was the beginning of another day in my life†¦I realized I was unable to return just to keeping individuals alive†¦Ã¢â‚¬  (Wardell, D. 980). Margaret Sanger committed her vocation to teaching ladies on conception prevention and contraception anticipation. Sanger had critical obstructions to survive, including legislative law, which refered to conception prevention data to be a wrongdoin g, and absence of doctor instruction on anti-conception medication and doctor readiness to find out about anti-conception medication and their reluctance to challenge the law. Margaret stayed committed to her dedication and set up the main U. S. anti-conception medication center in 1916 in Brooklyn, N. Y. , which was staffed by Sanger and her sister, the two medical attendants. The center was unlawful and was attacked by the NY city police. Margaret and her sister were captured, Margaret served her time in jail, and Margaret’s sister served her time in a workhouse. Sanger in the long run employed a doctor, Dr. Hannah Stone, to staff her facility and direct the new Clinical Research Bureau. Dr. Stone immediately got regarded by her friends for her â€Å"competent care and expressive statics† (Wardell, D. 1980). Again the facility was assaulted, during the attack the police reallocated tolerant diagrams and private patient data, and this activity at long last got the consideration, disappointment and backing of doctors. A key to Margaret’s proceeded with progress with the facility was her union with J. Noah Slee, who was the leader of Three-in-One Oil Company. Slee upheld Sanger finically, however delivered stomachs from Germany to his Canadian plant and afterward snuck the stomachs into the U. S, in Three-in-One Oil boxes. Margaret distributed flyers and gave addresses on anti-conception medication all through her vocation while attempting to build up her facility, all to instruct ladies and to help forestall undesirable pregnancies, permitting ladies to settle on shrewd wellbeing choices for them. Margaret Sanger’s centers stay in presence today, â€Å"Planned Parenthood. † Margaret took an individual encounter of what she found being taken care of by her patient and committed her life’s work to instructing patients, helping them to settle on safe wellbeing choices and safe wellbeing rehearses, not looking for back rear entryway care or help. Margaret was instrumental in building up the practices and accessibility of administrations that most of ladies in the U. S. underestimate as of now. Instructions to refer to Historical Figurs of Nursing, Papers

Sunday, August 9, 2020

How to Write a Critical Analysis

How to Write a Critical Analysis There are different types of essays that you might be asked by your teacher to write such as critical analysis essays, reflection papers, research papers, among many others. In this article, we focus on how to write a critical analysis. Have you ever written a critical analysis? Do you know what such a paper involves? Perhaps you have not written such a paper before and you are wondering where to start. The first step that you need to take to help you come up with a flawless critical analysis paper is to understand what writing such a paper involves. Definition of critical analysis Have you ever been asked by your instructor to write a critical analysis essay and you are left asking yourself what such a paper entails? A critical analysis essay refers to an essay that you write to examine or review a given piece of work such as an article or a book. In most of the cases, your instructor might require you to write a critical analysis of a given article, traditional works, paintings, book, or even a film. Ideally, a critical analysis paper emphasizes on how effective a given piece of art is with respect to a few aspects. In this article, we provide you with information on what a critical analysis essay is as well as how to write a critical analysis. Critical reading Just like any other essay, for you to write a high-quality critical analysis you need to gather the right information on the given subject. Unlike most other essays, critical analysis involves reviewing a given piece of art such as a film, an article, or a book. The implication is that you need to be familiar with the book, article, or film that you are reviewing. For this reason, carrying out a thorough research and reading the assigned material or any other external sources will help you writing a critical analysis that meets the expectations of your instructor. Use the school library and any other online database to find the appropriate material for your critical analysis. In case you are not aware where to get the right material, it is always important to seek clarification from either the school librarian or your instructor. Such an approach saves you from wasting a lot of time. What is the author’s thesis? In a case where your critical analysis is about an article or a book, you need to be familiar with the themes and ideas that the author is presenting to the readers. First, start by establishing the author’s thesis statement. This is a sentence or two that highlights the author’s argument and helps you to determine what the reading material involves. You need to understand that it is easier to identify the thesis statement in an academic essay than in the case of a painting, movie, or any other creative work. Here are a few questions to get you started: What is the author’s main reason behind the particular argument in the essay? Does the author provide any solution to various problems that they have raised? In a case where the author offers a solution, how realistic is it? Has the author included any relevant and sufficient supporting information? How valid are the arguments and conclusions presented by the author? Establish the author’s main arguments Any piece of writing has the primary ideas that form the base for argument. Take your time to note all the main ideas in any given work that you are about to review. In the case of a book or an article, scrutinize the topic sentences in each section or paragraph within the text for a chance to identify the main ideas. However, whenever reviewing works of fiction or even paintings, identifying the main ideas presented in the work requires some expertise, since you need to establish the evidence behind any assigned work as far as the author’s explanation regarding the identified thesis is concerned. Writing the Actual Critical Analysis Divide you critical analysis into a number of sections including the introduction, body and the conclusions. To ensure that you address all the important aspects of your paper, you need to develop a strong outline for critical analysis of your assigned piece of work. You should address each of the following sections separately and deeply. Introduction The introduction section of your essay should contain the hook of the essay as well as the thesis statement. What are you reviewing? Is it a book, an article, film, or a painting? Your target audience needs to know this right from the start. If it is a book, an article, film, or a painting ensure that your hook or the thesis statement contains the author of the article or the book, painter, or film writer in the case of a painting or a film respectively. Note that, your introduction should contain a summary section and an evaluation of the work that you are analyzing. When summarizing the piece of work, ensure that you tell your readers title of the book or article, date of publication and author and then state your main ideas from the work. You can either use the exact author’s thesis or paraphrase it. After you have summarized the piece of work, you need also to evaluate it based on the issues the author presents; the arguments and support your evaluation with ideas from the specific work and if possible, outside. In this section, you can come up with your own thesis to create a suitable approach to your critical analysis. Body Use the outline for your critical analysis that you created during the preparation phase. In this section, you need to answer all the possible critical analysis questions since your readers will seek various answers from your arguments. For this reason, you need to put yourself in the place of the readers and try to come up with questions that you would possibly ask while reading critical analysis paper. This approach will help you to address all the important elements and main ideas regarding the work that you are reviewing. Divide the body of your paper into a number of paragraphs preferably, three. While writing a critical analysis might follow a different approach other than the one for a normal research paper essay, the organization of your paragraph matters a lot. What is a critical analysis essay? This should be the guiding question; it is an essay whereby you review another author’s work and argue out his or her main ideas objectively. Thus, focus to analyze various components of the provided work by looking at the author’s major arguments and evidence to establish whether or not they are valid. Give your essay a nice flow by starting each paragraph with a topic sentence that inclines on the main point that you are analyzing. Next, use supporting ideas from the work or any other source to back up your evaluation, and ensure that all the information that you include is correctly cited and referenced. All the claims that you make in your paper should be analytical implying that you use information from the book or article that you are addressing to support any arguments that you have regarding particular components of the work. For this reason, you need to be objective as opposed to being subjective in your response. Arrange your paragraphs according to the weight of the arguments in each paragraph. Such an approach makes it easy for your reads to follow your analysis. In most of the cases, it is advisable to start with the most significant point as you move towards the conclusion of your analysis. However, make sure that you address all the important elements and sub-topics that you developed when creating the outline for your essay. Conclusion The conclusion section of your critical analysis is as important as the introduction and the body. In most of the cases, many writers tend to disregard the importance of having conclusions in their essays. It is important to note that the conclusions part of your analysis is highly important for it not only offers a summary of the main ideas but also gives the readers a course of action. Here are a few life hacks to ensure that your conclusion is as strong as possible and that it serves its purpose: Thesis restatement; Restate your thesis statement as well as that of the author of the work that you are reviewing. This will remind your readers of the scope and focus of your analysis. Summarize main ideas; Next, provide a comprehensive summary of the main claims that you have made in the body of the essay, and which align with the main arguments in the work. Avoid new ideas; Ensure that you do not present new ideas or claims in the conclusion; stick to what you have addressed in the body of your essay. Call to action; what next after reading the analysis? The conclusion section of your essay needs to answer this question by calling the readers to act. You can achieve this by highlighting the future implications of your analysis with respect to the given audience.

Tuesday, May 12, 2020

Research Critique Qualitative Review - 1681 Words

Research Critique: Qualitative Review On reading this article and identifying the study, there was a clear insight on how death and dying, and even improved health, impacted those nurses (Conte, 2014). Nurses, who worked closely with their patients, through the perils and suffering, culminating of death and losses, had grief not readily explored to enable that comfort zone (Conte, 2014). The article depicted the human side of nurses; it tells how nurses formulate that that bond with their patients and their families, nurturing them through life challenges to the end, while showing the emotional impact that is produced from that formed relationship. Through the entire article, it was very easy to see the†¦show more content†¦This statement is hereby identified as â€Å"Because of the intense and emotional relationship they form with pediatric oncology patients and their families, pediatric oncology nurses are exposed to multiple and compound work-related losses† (Cont e, 2014). This statement encompasses the entire nature of the article and intimately describes the title as set forth. This author chose a purposive sampling method that enabled the research to be focused on a specialized group. Participants had to have a common exposure to the population and was so specific and not random (Conte, 2014). Since the study was directly related to pediatric oncology nurses, so as to exclude extraneous variables, all participants were pediatric oncology nurses. Knowledge of the work these nurses does and knowledge of the impact of emotional and personal, though proficient, responses were equally important, to exclude input that would affect any of the researched data (Conte, 2014), In addition, the study involved a Nurse Practitioner who came with experience of 15 years as an oncology nurse and supervisor. Reflective Bracketing, a strategy to eliminate possible bias was utilized. Reflective Bracketing is that strategy used by researchers to identify any areas of bias and blocks them so that there is no influence to the study at hand. The type of questions that were answered is the exploration of reactivity to painful loss; (Conte, 2014). Questions that involved feelings andShow MoreRelatedQualitative Research Article On Pressure Ulcers980 Words   |  4 PagesQualitative Research Article Critique According to Stockhausen Conrick (2002), â€Å"Learning how to critique research articles is one of the fundamental skills of scholarship in any discipline† (p. 38). Burns Grove (2011) found â€Å"An intellectual critical appraisal of a study involves a careful, complete examination of that study to judge its strengths, weaknesses, meaning, credibility, and significance for practice† (p. 419). The extent, amount and nature of publications accessible today by differentRead MoreCritiquing Qualitative and Quantitative Research1465 Words   |  6 PagesUnit 6: Critiquing Qualitative and Quantitative Research Kaplan University July 16, 2013 Unit 6 Critiquing Qualitative and Quantitative Research The research conducted by Foster-Fitzpatrick, Ortiz, Sibilano, Marcantonio and Braun (1999) is a quantitative study of the significance of crossing the legs while blood pressure is being measured. The purpose of the research was to determine whether leg-crossing impacted the results of blood pressure measurements. 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It will be using the critical appraisal skills programme (CASP) framework to understand qualitative research to critique this research (CASP, 2013). This framework has been chosen to aid the critical thinking in a systematic manner. It will establish if the results of the articleRead MoreKaplan Studies1329 Words   |  6 PagesCritiquing A Qualitative And Quantitative Study Eunique Burgos Kaplan University Critiquing Qualitative and Quantitative Studies In this research paper, we are to critique two different articles where one is based upon a qualitative study and the other one is based upon a quantitative study. The articles that were chosen for us to critique are The Effects Of Crossed Leg On Blood Pressure Measurement, which is the quantitative study and The Experience Of Patients Undergoing Awake CraniotomyRead MoreEssay on Research Critique Part 1659 Words   |  3 Pages Research Critique Part 1 Grand Canyon University Introduction to Nursing Research NRS-433V Mary OConnell September 5, 2013 Research Critique Part 1 This paper will critique a qualitative research study published in the Journal of Medical Ethics in 2004, By Dr Helen Aveyard, about how nurses manage patients who refuse nursing care procedures. The article explains how nurses view informed consent as not being essential to nursing care procedures. Problem Statement The clinical problemRead MoreResearch Critique Part 1736 Words   |  3 PagesResearch Critique Part 1 Jenna Franz Grand Canyon University Introduction to Nursing Research NRS-433V Mary OConnell September 5, 2013 Research Critique Part 1 This paper will critique a qualitative research study published in the Journal of Medical Ethics in 2004, By Dr Helen Aveyard, about how nurses manage patients who refuse nursing care procedures. The article explains how nurses view informed consent as not being essential to nursing care procedures. Problem Statement The clinicalRead MoreClinical Log 2 : Clinical Assessment1655 Words   |  7 Pagesevidenced-based information, followed by the description and critique of the research article the writer tried to find the evidence. Then the essay is concluded with the reflection of learning through this assignment. Clinical Incident My preceptor is a full-time radiation therapist, conducting research to improve patients’ experience during their cancer treatment. Through the placement, I was able to participate in the actual research process by inputting data to an excel spreadsheet. The dataRead MoreAnalysis : Lived Experience 5 Years Beyond Bariatric Surgery 1601 Words   |  7 PagesIntroduction The purpose of this paper is to critique the qualitative research article, Totally Changed, Yet Still the Same: Patients’ Lived Experience 5 years Beyond Bariatric Surgery by written by Eli Natvik, Eva Gjengedal and Malfrid Raheim and published in 2013. A qualitative study seeks to unfold the meanings and insights of problems by focusing on gaining knowledge through the quality of data obtained. Clarity and Relevance of the Study The study was not directed towards nursing practiceRead MoreRestraints Review Of Qualitative And Quantitative Studies1517 Words   |  7 PagesRestraints Review of Qualitative and Quantitative studies The purpose of this paper is to critique the research article, Mohler Meyer’s â€Å"Attitude of nurses towards the use of restraints in geriatric care: A systemic review of qualitative and quantitative study 2014. The incident I am going to discuss in this paper is of Mr. P., an 85-year-old man, admitted to this facility about 4 months ago. His history includes coronary heart disease, cataract, dementia, hypertension, macular degeneration and

Wednesday, May 6, 2020

Having Positive Attitude Is Vital Education Essay Free Essays

string(124) " better the universe to be a better topographic point to populate starts from the attempt and thought given by instructors\." I would wish to lucubrate deeply about my positive attitude. Having positive attitude is critical. This leads to a motivated acquisition squad, a comfartable work environment and besides happy personal life. We will write a custom essay sample on Having Positive Attitude Is Vital Education Essay or any similar topic only for you Order Now It is difficult to happen a scenario which a individual with positive attitude and full of regards been scolded. No negative or bad attitudes make my personal life great. I socialized with my household with happy and respectful ideas which motivate themself to portion their felicity with me and others. With my attitude keeps people around me in a good temper. This characteristic makes me to pull off the tense state of affairss during my survey session particularly when I have task to finish my assignment before due day of the month. Being positive motivates and encourages others to be compliant and respectful. Besides, a positive attitude will be good in my acquisition squad because it will advance teamwork and friendly relationships. I think that a happy, friendly squad will be more productive than a squad that argues and disagrees. Biologically, my blood group is B positive ( B+ ) and this may reflect me to be positive. My 2nd strength is forbearance. It is so much nicer to cover with people that are patient. Patient people do non disrupt others, but alternatively they listen and are helpful. In my personal life, I have an autistic nephew who requires tonss of forbearance. Being autocratic, angry, and snappy will merely do my nephew reasoning backward and go really hard to manage. I must speak easy to him and reiterate myself several times so that he will understand me. In my survey environment, it is besides imperative that I am patient. I deal with difficult and hard assignment inquiry. Each inquiry has their ain grade of troubles. Therefore, I need to suppress each of the inquiries with my best reply and support it with sensible grounds. I patiently search for the articles sing several subject and supply my best reply to guarantee myself acquiring great consequence in my survey. In add-on, forbearance is a must when take parting in a squad environment. When many people get together in a squad, th ings frequently progress quickly and sometimes acquire sloppy or misunderstood. Using forbearance will keep consistence, accurateness, and organisation. After describe the strength of myself I must now convey that I have failings. I am non ace homo, nor a perfect individual. My failings frequently frustrate and challenge me, but my positive attitude forces me to rectify and suppress my failings. The failing which I can establish in myself is public speech production. I get really nervous. The mark is my custodies get dank and get down to sudate. Droplets of H2O appear on my face and I mumble my words when I start to talk in forepart of big group of people. This job does non give a immense impact in my personal life nor will it impact my online acquisition squad, but it does impact my day-to-day responsibilities at college. I speak with others particularly my friends sing general cognition and household members that are incarcerated. I am told that my jitteriness does non demo, but before and during every address I feel my custodies shake, my pess get dank, and my face perspiration. Over the old ages, I have fought this conflict of pu blic speech production by making many things. First, I completed a college degree English category. Second, I completed a college degree speech category. Recently, I am taking and English tuition category to heighten my communicating accomplishment and widen my English vocabulary. My 2nd blind topographic point that I must acknowledge is the deficit of organisation accomplishment. I organize my assignment documents by fliping them on my survey desk and shut the door so I will avoid myself to look at them. I largely fear of my computing machine room. It is difficult for me to happen my belonging particularly in my survey room because of my unorganised attitudes. When assignment season arrives, it will be a catastrophe. The laxation in organisation lengthens the clip to finish those assignments. I frequently lose my of import notes and my framework paper. This affair requires me to carry through my undertaking twice the existent clip needed. I lose my valuable clip which I can busy that cherished clip together with my household. Besides that, this will earnestly impact my larning squad. Before it acquiring much terrible, I have to better my demeanor to be a better organise individual. I will non scare up myself when I see documents incorporating college assignme nt. A desk together with registering cabinets and a twenty-four hours contriver calendar will be the suited tools to assist me to get the better of my job. The frights of my bad consequence in my sheepskin degree recognize me that organisation accomplishment is important to win in my survey and any range of my life. I have strengths and I have failings. I have taken a good expression at myself in the mirror and I know I am the lone 1 that can assist me suppress my failings and better my strengths. I am proud of my positive attitude and forbearance which are my strengths. In add-on, I am motivated to better my public speech production and organisation accomplishments so I can concentrate on other of import issues, such as finishing my instruction. My strengths give me happiness and motive to assist others and my failings are merely every bit weak as I let them be. I do take to go a instructor was non a determination made immediately. This declaration was a acme of a procedure of recoil about what I wanted to accomplish in my life. I make a determination to be in instruction line because I convinced this is the most important maps pattern in our civilization today. The ability to alter and better the universe to be a better topographic point to populate starts from the attempt and thought given by instructors. You read "Having Positive Attitude Is Vital Education Essay" in category "Essay examples" I hope to heighten both my personal and professional accomplishment during the procedure of learning. Bing a baronial profession is my primary way with the hope that I will be counted among successful hereafter instructors imbues others. Many dramatic instructors that teach me do go my function theoretical accounts and heroes. In secondary school and college, I began to recognize that amazing instructors have their typical accomplishments that I need to larn. Following their illustrations can do me to go person in the society. Good at elucidate content of a topic, house and patient towards pupils, ever be just among pupil, puting high and realistic outlooks, have the accomplishment to advice and motivate others are some of the index needed to go a great instructor. From the characteristic listed, I intend to catch them all in order to go a fantastic instructor. Somehow, I do recognize that my instruction accomplishment will boom as I work on my ain cognition, experiences, values and strengths. I want pupil to analyze in a comfy and safe environment. Therefore, it will increase their self-esteem. High degree of self-pride will assist the pupil strive to accomplish their ends. Helping them to makes their dreams come true will be the of import function that I need to transport. I will hold the chance of configure proactive hereafter parents and member of society. I do frequently inquire myself, what a better occupation it could be instead than being a instructor after naming all those grounds. The reply is none. It will be a immense part from me for the society. I can make an ambitious society and I am proud with the chance given to me. During my undergraduate plan late in University of Wales, United Kingdom, A I am taking Computer Science class. This will assist me to double maestro myself both in Information Technology and learning. Most of the minor categories that I enrol are communicating and psychological science, which would assist me in my calling as a instructor. Other than that, I do besides learn in a private tuitions centre as my portion clip occupation. During that clip I besides spent considerable sum of clip detecting schoolrooms. With strong instruction background and the broad scope of experience that I gain in schoolroom, I realize that learning will be the most suited calling for me. â€Å" Razin you ‘re an dreamer † this is been told to me. I want to give my best service for everyone. I set high aim as a instructor and set 1000s of attempt to carry through it. Therefore, it gives a good illustration to my pupils that if we put attempt we can make our ends. My pupil will larn, understand and construe into existent life all the cognition which I thought them in category. I want to do my pupils wonder what they are larning. Make them inquiry, think critically, write, read and maintain on reading. By this they will widen their cognition. A superb instructor is non merely merely explain and demonstrate instance survey to their pupil but person who inspires. This cherished characteristic create an first-class instructor and drive them extra mile farther than others. A great instructor will explicate inquiry been asked by their pupil and do them to the full understood and non allow their pupil walk off in uncertainty. Brainstorm will be the best tools used by extraordinary instructor to convey peculiar lesson program if the pupil did non understand and the lesson period terminals. He or she would believe, â€Å" How am I traveling to explicate this peculiar construct to my pupil and they need to understand clearly what am I learning? † This type of instructor I intend to be. Ability to animate others is non merely a gift or an chance but it ‘s a challenge. Presently, we can see that there are 1000s of pedagogues still with their old head set and do non like to accept this challenge. This serious affair demand to be alteration. Nowadays, pupils been forced to school. Most of the times, pupil will believe that larning is non their chief precedence but instruction is instructors occupation. Students ever learn but may non the same as lesson Teach by their instructor. An first-class instructor will non merely expert on their field but cognizant with current issues and fix themself to learn â€Å" something † else. The re are something prove to be more valuable than cognition itself which is ethical motives and character. I want to animate the kids who will stand for the hereafter of our great state. I believe that, the clip I set my end there will be the obstructions to halt me accomplishing it. The most common barrier to making my potency is my mentality. What and how I think about myself and what I wish to accomplish. I limit myself by the negative ideas I think and say to myself. If you think and believe that you can non carry through something, so that will come true and you will neglect. However, when you think that you can carry through a undertaking or get the better of a state of affairs, and you put in the attempt, you will win. Remember you ca n’t merely trust something will come true, or merely state to yourself I will win, I will win and things will go on – you have to take control and take action. I frequently hear people say they have failed in the yesteryear or things have non worked out for them so they are bound to neglect if they try once more. This is merely an alibi. Because you failed in the yesteryear does non intend you will neglect once more . You should believe of things that happened in the yesteryear in footings of what you can larn from them. See everything as feedback instead than failure. What will brooding on past events achieve for you? Will it do you better? Will it function to do you experience worse? Think about this. The yesteryear is merely good so we can larn from our errors – it serves really small other intent. The yesteryear is over and done with we ca n’t alter it, merely learn from it. Negativity can truly halt you from making your possible. Believe it or non negativeness is more prevailing than positiveness. Negative influences are all around – in the newspaper on the wireless and on Television. Not merely this sometimes we get negative messages from household, friends, and colleagues who are stuck in a negative mentality and believe they are assisting you by † being realistic † when in fact they are non assisting at all. Mixing excessively much with these people will merely function to convey you down, instead than raise you up. The best thing you should make when making your potency is to environ yourself with like-minded people who are besides endeavoring for success. Positive successful people like to assist other people achieve success excessively. Having positive support is really of import. One thing that stops many people from making their potency and being successful is that they lack a program. I am ever amazed at how people can be after their summer vacations for months, yet when they are asked what plans they have for life and what ends have they set they merely look at you with a clean face! Too many people go through life merely taking what is handed to them. They let others make their determinations for them. Never do they put out ends and program for the hebdomads or months in front. It is indispensable that you take the clip to put out ends, figure out how to make those ends, and do a timeline for success. This procedure is vita lly of import but is frequently ignored. Sample of Personal Development Plan Name Muhammad Razin Bin Amir Hamzah Course Title Cardinal Life Long School University of Wales, United Kingdom Degree Bachelor in Computer Science Where am I now? Study in University of Wales, United Kingdom. What do I desire to carry through? Complete my survey in Computer Science. How do I accomplish it? Study smart with proper survey methodological analysis. Create head map. What might halt me? Indolent to make alteration. Do non pay attending during lesson. Time Scales Start Date End Date Remarks Short Term ends 3 SEPTEMBER 2012 3 SEPTEMBER 2014 Achieve first category award in my degree degree. Long Term ends 4 SEPTEMBER 2014 4 SEPTEMBER 2024 Accomplish my aspiration to be a lector or high school instructor. How to cite Having Positive Attitude Is Vital Education Essay, Essay examples

Saturday, May 2, 2020

The Report of the UK Government’s Spending and Revenue Plans

Question: Write a report outlining the current state of the UK governments spending and revenue plans? Answer: Introduction The national income accounts give the insight of all economic activity within the union territory of UK. These activities include both domestic and external activities which has been influencing the countrys economy. These all accounts are being fully integrated which helps in transparency within its approach and also shows the entire spending of the funds which has been paid by the individuals and the company for which the government is accountable. Most of the well known economic statics are given in the national accounts such as GDP, GNP, Public sector borrowings ratio and Balance of trade etc (Geroski and Gregg, 1997). The study deals with various areas of the national accounts of the UK that also includes before and after recession country performance. Apart from that, the study will also highlight the issues and reason for investment high in various sectors. The national income is being made in the line of internationals standards which is ESA 29 (Hartwick, 2000). 1.The principles of National accounts of UK Institutional sectors: In order to bring the transparency on the accounts certain key analysis based on which various institutional sectors are grouped into number of manufacturing unit along with who own and controls them. Some of the major sectors and sub sector are given below: Financial corporations GDP Institutional sector accounts NON financial corporations Production approach Production accounts General government Expenditure approach Generations of income Household Income approach Allocations of primary income accounts NON profit institutions Distribution of income statements serving household Use of disposal income Rest of the world Balance sheet The annual trade of the country = (net exporting)+ importing at (current market prices) of 2002 to 2012 shows that fluctuations within the economy because of recessions in 2007-2008 which has severely hit the country trade (Higgins, 2013). Between 2002-2012 the UK has been consistency running a trade deficit. In 2013, the trade deficit in the current process was 33.9 billion. This shows that, country has been able to increase its net trade by 45.7% from 23.3 billion in 2011(www.ons.gov.uk, 2015). The rest of the world performance in 2008 is poor in compare to the UK trade deficit. In the recent interviews conducted by the BBC news, British Prime Minister Mr. David Cameron has addressed that, His government is paying the Britains debt. This allegation has come after the resolution of budget cut in the NGO sector and reduces in the Military budget. Apart from that other member of the members of his group Chancellor George Osborne has also claimed that deficit has been reduced by 1/3rd since the party came in to the power (www.bbc.com, 2014). 2. Relationship between the budget deficit and public debt Debt here refers to amount of money borrowed by the UK government for maintaining the national security. This debt has been result of many year of unwanted borrowings by the past government. In UK the debt is calculated total debt less government liquid asset (Humphries, 1996). As the chart below shows the debt has increased in the recent year which is to double has double the existing borrowings to 1trllion in past 6 years. This has been increased due to large financial crisis and resulting into recessions. In order to assess the debt percentage with the total output, debt to GDP ratio will give an actual debt and expenditure of the government. The debt to GDP ratio is been rise since 2007-2008 (Iley and Lewis, 2007). Since 1974, there has been eight years when the treasury of UK has ended the year in the black. The GDP of Britain is very much shows the deficit during the financial crisis which jumps from the 109pc in 2009 to 10.1 pc a year later (www.ons.gov.uk, 2015). 3. Current UK national debt numbers Year Gross national debt (, trillion) 2008 0.53 2009 0.62 2010 0.76 2011 0.91 2012 1.10 2013 1.19 2014 1.26 Graph 1: GNP debt of UK (Source: Jenkins, 2013, pp-125) Government spends lesser than it receives will given the government budget surplus. During the time of 1998-2001, UK has four straight year of surplus. As matter of fact, country had huge amount of surplus in the between the year 1947-1974. However, since 2000 to till date government is facing huge deficit, it is because of overspending. As per the latest figures newt borrowings was 15.4 billion in December 2012 (Jenkins, 2013). This shows 0.6 billion higher than December 2011 which was 14.8 billion only in public sector unit. Deficit in public sector unit was 13.0 billion in December 2012; this shows 0.5 billion increase in deficit from 2011 (Parker, 2011). This is because one of the overspending payments recorded as part of the Royal pension plans transfer. In 20213, economic activity as measured of GDP suggest that, it was 1.7% higher than 2012, compared with growth of 0.7% in the previous year. In 2008 the GDP was fell by 0.3% and fell again in 2009 by 4.3% because of the financi al recessions (www.theguardian.com, 2014). However, the recovery of GDP by 1.9% in 2010 was one of the positive sign for the UK economy. Financial year Current budget surplus/deficit (million, ) Net debt as a % of GDP 1998 10,427 40.3 1999 10,891 39.9 2000 12610 40.6 2001 12,476 29.7 2002 12,144 30.8 2003 -12,367 32.2 2004 -17,720 33.9 2005 -14,476 35.1 2006 -7236 35.8 2007 -7,491 43 2008 -37,553 150.4 2009 -86,756 153.6 2010 -76,219 149 2011 -64,217 141 2012 -74,064 140.3 Graph 2: Current deficit of UK (Source: Wanna et al. 2010, pp-259) From the above graph, it has been found that UK national accounts shows that, country overspending in defence and household has incurred company financial deficit. Since 2007-2008 was the bad phase of the world economy, sparing the 2008, country defence arises from 2003- till date (Simon and Proops, 2000). As the UK is known as the power economy in worldwide, country has been not been able perform as per its potential. Some of the major issues of for the increase in the deficit in UK are as given below: 3.1 Issues within the UK economy Consumer spending is lowered: When there is failing prices, this often encourages people to delay in the purchase of products and services because of the cheaper products and services. Apart from that, high deflations is another major issues in UK, sometimes it discourages the consumers to buy the luxury goods because most of the consumer feels by waiting for it would be decrease in price of the products (Pettinger, 2012). Therefore, period of deflations crates lower consumer spending which resultants in to reduce in the lower economic growth. Increase in real value of debt: Other major reason is increase in real value of money and the real value of debt. One of the major reason that government UK is not able to pay off its debt is because of the rise in the value of money which increasing the deficit and borrowings. Consumer s and forms are not been has to pay higher amount of disposable income on meeting the debt repayments (Rowley et al. 2002). This leaves the country for less money for spending and investment. This is also known as the balance sheet recession because half of the money is paid of in debt interested. There is huge problem in Europe as to exposure to debt is higher which making very much difficult to reduce its debt to GDP ratios (Felstead et al. 2012). Increased in real interest areas: Rise in the interest from the year 1999-2012 has been one of the major headaches for the Cameron government to control the deficit. If the deflation is of 2%, this earns the government has real interest rate of +2%. In other words saving money gives the country reasonable returns. Therefore, real interest rate has tightened the monetary policy of UK (Gregg and Wadsworth, 2010). This is particularly a problem majorly in Euro ozone nations which do not have any other monetary policy for examples like Quantities easing. However, UK has been lead to lower growth and higher unemployment during time if 2008 recessions period to 2014 (Ukpublicspending.co.uk, 2015). Wage rate unemployment: As the real wage rate in UK labour market show the sticky Wages. Particularly, worker resist nominal wages cuts especially when the people are use to annual pay increases ever year. Therefore during the time of recession, most of firms including government nations have decreased the real wages which has increases the unemployment in Europe which is major concern for the rise in the budget deficit (Hodson, 2011). Rise in the inflation rate since 2008 was rise by 4.05% which has now become 1.3% in October 2013 has made people to control in its spending which again tends the government to invest to increases the job opportunity to reduce the problems of the inflation within the nations (www.ons.gov.uk, 2015). 4. Impact of debt on GDP (Gross Domestic Products) of UK The GDP of the UK shows the slow growth of GDP but steady by 0.2% in 2012. The total expenditure has been very much invested in the right sector and components (Kaiser, 2011). There has been six equal component out of six were split into three negative and three positive contribution which enables the public to analyse the expenditure done by the government. Components Million Percentage points Household and NGOs 10201 70% General government expenditure 9357 60% Gross fixed capital 1056 10% Change in inventories -5204 -30% Net trade -9326 -60% Other -3523 -20% Total 2561 20% From the above, it has been found that, country has spent more in household expenditure and NGO with 10201 million. Country ahs net trade or export is in less than 3523 for -0.2%. There has been rise in the goods final expenditure which shows that, country consumption expenditure on final sue of goods and services produced and imported by the UK in 2012 (Kersting, 2008). Export of goods and service of the country shows that, 23.5% growth. 16.30% is being spent by the general government final consumptions (www.ons.gov.uk, 2015). Graph 3: Gross final expenditure of UK (Source: Mody and Sandri, 2012, pp-201) In 2002, there was similar kind of patterns household and nonprofit institution serving the households which was accounted for more than 51% of gross final expenditure which is followed by the exporting of products and services with 20.1% (Mody and Sandri, 2012). The gross final expenditure approaches various measures to extricate the over production of productions. From the national statics of the UK, it has been seen that, most of the companies are being using new and innovative products to sell the customers. Apart from that, in 2013, most of the corporation like British telecom and other major companies has done exceptionally well which gain brought the lots of advance tax to the country which was fruitful for the managing the deficient (www.ons.gov.uk, 2015). GDP at market prices from the year 1995 has changed the economic policy of the UK. Years Current market prices 1995 723080 1996 768905 1997 815881 1998 911945 2000 958931 2002 1055793 2003 1118245 2006 1299622 From the above, it has been found that, GDP at current prices are being approached as per the expenditure which shows that country is progressing before the time of recessions. Apart from that the output and volume measures of VAT shows around 80% of the total of the productions. the national accounts of the UK is much transparent and much clear which can be read and understand by the layman (Thompson, 2005). During the time of 2007-2008 worlds has hit by the strong financial crisis which also has affected the country as whole along with its WPI and CPI. The blue book of 2008 represents the financials history of UK and its spending and its surplus/deficit within the existing form of economy (Pettinger, 2012). 5 .Government spending and revenues from the taxations Spending 2013 (,Billion) Pension 31 Health care 140 Education 98 Defence 38 53Transport 23 Public sector safety 32.02 Debt interest 53 Industry , agriculture and employment 17 Social protection 222 Others 53 Total 707.02 Graph 4: UK government expenditure (Source: Kaiser, 2011, pp-342) Category %1 Compensation of employees 51.2 Corporations' gross operating surplus 21.7 Other income 2,3 14.8 Taxes less subsidies 12.3 As per the latest figures given above, UK has been one place down to be first highest spender in defence in world behind united states and US, China, Germany and Russia (Tomes, 2003). However, protection from the budget cuts in last tow budge has made the UK to reach at second positions however, France is shift to the sixth largest spender. Apart from that, as noted by Thompson (2005), when it come s to educations, the department of UK current government has risen the investment in the educations from 90 to 98 billion. A capital budget of 7.2 bn in 2010 -11 was less because of the affect of recession on economy. However, the overall spending with budget has been fall as the inflation has decreases the educations budget as per the UK National accounts (Mody and Sandri, 2012). Apart from that, economic has spend major cash in the transport projects for which gain huge amount loan has been passed to the private sector in order to boost the private sector economy. The home and office ministry of Justice has invested more than 30 billion in maintain public safety for which the rise the recruitment of police force has been one of the major step taken by the government in order to maintain the safety and security within the nations (Ukpublicspending.co.uk, 2015). Besides that, health care services have eaten more than 140 billion investment because of rise in the health issues. NHS get more than 114 billion for opening more of hospitals (Kersting, 2008). However, country is bee severally suffered from the high debt interest which because of huge borrowing of more than 1 trillion. The interest this is been low because of rise in the GDP rates in December 2013. Government earnings Government earnings 2013 (,Billion) VAT 111 Corporation tax 41 National insurance 110 Business rates 27 Income tax 167 Excise duty 47 Council tax 27 Others 118 Total 648 Total deficit= total earning total expenditure =648-707.02 Final deficit of 2013 =59.02 billion Graph 5: UK Government earnings of 2013 (Source: Hodson, 2011, 232) One of the major earnings is from the excise duty which has been rise from the by 1pc by the government of Excise. This rise in duty has increased the earnings of the government by 2%. Rise in the excise duty of beer by 1.08% and wines and spirits has also been risen up. Income tax is the biggest elements of government taxes receipts; income tax was expected to be the benefit from the rise of the employments (Kaiser, 2011). As the corporation tax has been risen by 9% of total tax receipts. Corporation tax income has come down by 28% r 21% from the year in 2014. This shows that, country is not being able to motivate the new promoters to open new business. One of the biggest incomes of British economy comes out of income tax which is 167 billion (www.theguardian.com, 2014). 6. UK Government spending and revenues after and before the financial crisis As per the report of IMF , it has been found that, Britain was running structural deficit with 5.2 pc in 2007. By using the various measurement amounts by which the public borrowings exceeds tax revenues by considering the external factors (Felstead et al. 2012). Britain entered into the global financial crisis in worsts positions than the other developed nations. Before the financial crisis country position was better than before the financial crisis because of the country growth rate was increased by 11.09% per year though there was deficit. However, country has been was overspending in the unnecessarily without keeping on the tabs of the performance (Wanna et al. 2010). This has increased the country debt and increase in deficit. The scale of bank losses due to housing bubble in US has made more difficult for the banks to borrow money on money markets. Some of the major banks were running out of money in several nations such as UK, Ireland and Cyprus (www.ons.gov.uk, 2015). After deficit country started prioritizing of the expenditures to sustain the future economic growth and poverty reduction of UK. One of the good news is that UK has stop taking everything for granted , country has going for safety nest , protecting social spending through loans and harnessing the crisis to achieve major reforms that will help to improve the efficiency and quality (Rowley et al. 2002). On the other hand, company started on core spending techniques by making growth plan by implementing Keynesian approach within the economy with modernizing the versions. Decline in spending ahs growth rates is due to crisis risk settings bank achievement of human development goals. As per the World Bank analysis that found that financing shortfalls to cover risk spending on health, educations, safety and infrastructure with amount of more than 247 in these areas as compare to other areas (Iley and Lewis, 2007). As per the CNN report, BOE (Bank of England) has announced that, growth rat es would slowly and steadily overcome the recession. Bank is keeping tab and eagle eye on the performance of domestic market of UK. In the three month ending in June, chances of rise in the GDP by 0.9%. UK is now looking for the strong fiscal policy and policy to control the inflations and the recessions rate. Apart from that, government has also asked the apex banks like BOE to reduce the CRR rates from 5% to 0.5% would make the borrowings for the new industries and aspires the promoters to open new business (Jackson, 2000). The recession has harmed spherically those nations who are much dependent upon the stamp duty and tax from the finance sector was US and UK. UK introduces a temporary cut in the VAT after the recession period (Higgins, 2013). 7. Comparing UK economy with rest of the EU All European nations members states that, their latest deficit and debt are reviewed twice a year. As per the latest financial report of IMF, it has been found that, USA structural deficit was by 3.35pc, France was 3 pc and Germany was 1.1pc in compare to structural deficits which was 5.2 pc. GDP growth rate during and faster the recession of UK and other Eu nations Countries GDP 2007 GDP 2008 GDP 2009 GDP 2010 GDP 2011 UK 0.6% -1.8% -0.91% 2.6% 3.7% France 1% -0.2% -1.8% 0.2% 1.2% Germany 0.4% -0.5% -0.3% 2.5% 2.85% Italy 0.3% -2.4% -0.45% 2.2% 1.98% Portugal 0.02% -2.2% -0.67% 1.03% 2.02% US 0.8% -2.7% -0.91% 1.10% 3.07% Graph 6: GDP rates of UK and other EU nations before and after recessions (Source: Jenkins, 2013, pp-558) The outputs lost during the recession will not be able to manage the loss of the nations in coming years. From the above, it ahs been found that, UK recession was longer than other nations like France and Germany excluding PIGS nations form the Europe (Martin, 2007). The latest news is that EU treasury is looking to forecast the growth between 1% and 1.5% in 2010 for UK. However, the latest average the forecast suggest that, GDP may return the pre recession level in the second d quarter of UK , France , Germany and the US in 2012 (Felstead et al. 2012). However, some of the powerful economic nations like Japan was 8.7% of GDP and Italy was 6.9% , Germany with 6.4% has suffered greater loss in GDP that UK. Both Italy and Portugal has been faced tough situation because of the negative growth. Euro zone nations economic are facing tough to survive in the competitive environment. With the help of spending by the various nations shows that how euro zone are faring in compare to the other nations. Years 2010 2011 2012 2013 Germany -0.1 0.5 0.3 0.2 France 0 0 -0.1 0.2 Italy -0.7 -0.8 -0.7 -0.2 Spain -0.5 -0.3 -0.4 -0.3 Netherland -0.6 0.2 0.1 -1.1 Portugal -1.4 -0.1 -1.1 -0.8 UK -0.4 -0.3 -0.4 1 Graph 7: Production and investment of government during the time of economic crisis (Source: Kersting, 2008, pp-172) From the above, it has been found that most of the Euro nation are not willing consumer are spending higher than UK in both households and Government projects. Germany GDP grew by 4.2% in 2011 and 3% in 2012. Among the 17 euro nations, Germany is one who escapes worst effects of the crisis that has been treated to untangle the bloc (Mody and Sandri, 2012). However, UK government last month has announced to economic growth of 213 will be 1.6% to 1% blaming the reduction on the Euro zone crisis and weaker economic growth in the Asian and Latin American nations. Apart from that, Netherlands is shrinking by 1.1% in its third quarter of production and investment areas (Tomes, 2003). As compare to other developed nations of EU and Asia pacific, UK is perfuming well but it is not performing as per its potential because of huge amount debt and interest is needed to paid to the IMF and the Nationalized banks. Conclusion From the above study, it has been found that, there has been ample evidence which shows that, UK Economy has been stronger in terms of its fiscal policy and economic policy. Apart from that, country was also hit strong by the economic crisis of 2008 because of its economic policy in compare to its rival nations like US and France. However, country is strongly suffering from the debt to GDP ratio which is negative. As the defect is because of the overspending in the defence and the Social protection areas which again cost the educations and the health care. Moreover, UK national accounts also has clear that, there has been deflation within the economy and other various issues which is the reason behind the failure of the country performance in compare to strongest competitive nations. Reference list Books Geroski, P. and Gregg, P. (1997). Coping with recession. Cambridge: Cambridge University Press. Hartwick, J. (2000). National accounting and capital. Cheltenham, UK: Edward Elgar. Higgins, K. (2013). Financial whirlpools. Kidlington, Oxford, UK: Academic Press. Humphries, S. (1996). United Kingdom national accounts. London: Stationery Office Books. Iley, R. and Lewis, M. (2007). Untangling the US deficit. Cheltenham, UK: Edward Elgar. Jackson, D. (2000). The new national accounts. Cheltenham, UK: Edward Elgar. Jenkins, S. (2013). The great recession and the distribution of household income. Oxford: Oxford University Press. Martin, B. (2007). Resurrecting the UK historic sector national accounts. Cambridge: University of Cambridge, Centre for Business Research. Parker, S. (2011). Entrepreneurship in recession. Cheltenham, UK: Edward Elgar Pub. Rowley, C., Shughart, W. and Tollison, R. (2002). The economics of budget deficits. Cheltenham, UK: Edward Elgar. Simon, S. and Proops, J. (2000). Greening the accounts. Cheltenham, UK: Edward Elgar. Wanna, J., Jensen, L. and Vries, J. (2010). The reality of budgetary reform in OECD nations. Cheltenham, UK: Edward Elgar. Journals Felstead, A., Green, F. and Jewson, N. (2012). An analysis of the impact of the 2008-9 recession on the provision of training in the UK. Work, Employment Society, 26(6), pp.968-986. Gregg, P. and Wadsworth, J. (2010). The UK labour market and the 2008-9 RECESSION. National Institute Economic Review, 212(1), pp.R61-R72. Hodson, d. (2011). The EU Economy: The Eurozone in 2010*. JCMS: Journal of Common Market Studies, 49, pp.231-249. Kaiser, H. (2011). The Eurozone: Challenges and Structural Problems. Global Policy, 2(3), pp.341-344. Kersting, E. (2008). The 1980s recession in the UK: A business cycle accounting perspective. Review of Economic Dynamics, 11(1), pp.179-191. Mody, A. and Sandri, D. (2012). The eurozone crisis: how banks and sovereigns came to be joined at the hip. Economic Policy, 27(70), pp.199-230. Thompson, H. (2005). Beyond Sandler: Risk tolerance and the UK investment deficit. J Financ Serv Mark, 9(4), pp.375-389. Tomes, A. (2003). UK government science policy: the enterprise deficit fallacy. Technovation, 23(10), pp.785-792. Websites BBC News, (2014). UK debt and deficit: All you need to know. [online] Available at: https://www.bbc.com/news/business-25944653 [Accessed 10 Jan. 2015]. Monaghan, A. (2014). Government borrowing 10% higher than last year. [online] the Guardian. Available at: https://www.theguardian.com/business/2014/oct/21/government-borrowing-10-percent-higher-budget-deficit [Accessed 7 Jan. 2015]. Pettinger, T. (2012). UK Budget Deficit | Economics Help. [online] Economicshelp.org. Available at: https://www.economicshelp.org/blog/5922/economics/uk-budget-deficit-2/ [Accessed 5 Jan. 2015]. Ukpublicspending.co.uk, (2015). UK National Debt - Current, Recent, Historical Charts Tables. [online] Available at: https://www.ukpublicspending.co.uk/uk_national_debt [Accessed 4 Jan. 2015]. www.ons.gov.uk/, (2015). Impact of the recession on household spending. [online] Available at: https://www.ons.gov.uk/ons/dcp171766_256980.pdf [Accessed 8 Jan. 2015]. www.ons.gov.uk/, (2015). Public Sector Finances, December 2012. [online] Available at: https://www.ons.gov.uk/ons/dcp171778_295776.pdf [Accessed 9 Jan. 2015].

Monday, March 23, 2020

Lyricist Lounge, Volume 2 free essay sample

Lyricist Lounge, Volume 2, though almost ayear old, is still one of the best-selling rap albums out there. Forget the name,this album has many hardcore rappers including Mos Def, Pharoahe Monch, Q-Tip,Talib Kweli, Notorious B.I.G., and Big L. These rappers arent recognized inmainstream mu-sic as they should be; people dont respect their music becauseits urban. This album sends a positive message to those from more urbanareas. These tracks dont brag about big-screen TVs or how badly men treat women.It doesnt talk about drugs or killing people, it simply stays on the subject ofwhat happens on the streets. This album is fantastic, and the rapperskeep it real. A favorite track is Oh No by Mos Def, Nate Dogg andPharoahe Monch. The artists bring it to the top, and hold it down. Ive liked itsince I first heard it. Of a possible five stars, I give LyricistLounge, Volume 2 all five. We will write a custom essay sample on Lyricist Lounge, Volume 2 or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page The album is a total package: great lyrics, thebest emcees and a positive message. The music makes you want to get up and dance,so I urge you to get it.

Friday, March 6, 2020

Research Paper on Tourism in Developing Countries

Research Paper on Tourism in Developing Countries 1. Compare and contrast the influence of economic, social and political characteristics that have developed tourism in developing countries. Tourism has traditionally acted as major source of income within many developing countries. The huge amounts of investment put into this sector points to the important role it plays in the growth of the economy ad the development of economic potential. At independence, Kenya identified tourism as a major driver of the economy and as over the years strived to develop this sector through numerous investments. As a result there has been development and opening up of many tourist markets, making Kenya one of the leading tourist destinations in the world. There has also been development in domestic tourism, a factor that a largely boosted tourism in the country. Other countries that can be considered as developing tourism markets include Tanzania, Rwanda and China. Despite the positive impacts of tourism, the sector also faces numerous challenges that these countries have had to grapple with. The governments of these countries have put in place strategies to overcome these challenge which threaten their economic potential. There are numerous factors tat have influenced the growth and development of tourism in developing markets. These factors are a political, social and economic. Economic factors that have influenced tourism in developing countries The economic stability of a country plays a great role in the development of other sectors within that country. A stable and highly performing economic climate encourages investment in various sectors and consequently there is more economic growth. Kenya and other developing countries that place great emphasis on tourism have experienced the influence of economic actors on tourism development in their countries. Foreign Investment in tourism Kenya has open economic policies which allow foreign direct investment in tourism and other support services. The hospitality industry in the country is dominated by foreign investors form countries such as Britain and Italy. The hotel industry is especially important as tourists who come into the country expect first class accommodation and treatment, a factor that ha a great influence on their perception of tourism. The open door economic policies are also replicated in other tourist markets such as India, which is another major tourist destination in the developing world. Last year, foreign investment in tourism in India ranged into billons of dollars with foreign investors building hotels and other facilitates that greatly contribute to tourism development. Although Kenya has relatively few infrastructure solely owned by the government, it is still regarded as the leading country in East Africa in as far as its investment in communication, transportation and financial with a posi tive GDP growth of 4.5 % mostly owed to tourism growth. Among the economic developments, which make tourist industry to prosper, are increase of computer literate skilled workers in the industry whose dealing with the tourist has become more effective. Kenya having a good percentage of its foreign income coming from other remittances from its citizens working overseas, it has also seen the need to encourage foreign investment by providing economic regulations that attract them. Kenyan infrastructural growth has been credited buys many economists even being ranked as the immediate alternatives to South Africa. However, the dominance of the hospitality industry by foreign players has to an extent hampered the development of domestic tourism as foreign investors are not familiar with local tastes. As a result, there is a perception that their hotel packages are tailored for the foreign markets and do not appeal to local tourists. This ahs hampered the growth of domestic tourism, although in recent years there has been a gradual effort at attracting local tourists to the tourism circuit in Kenya. It is also worth noting that Kenya has a high population of its country within the middle class and therefore there is more disposable income within the population. Statistics indicate that over 40% of Kenyan are middle class citizens meaning that they posses the potential to afford holidays and safaris in the country’s tourist attraction areas. This factor has greatly influenced the growth of domestic tourism. Supporting economic factors Kenya’s infrastructure Kenya has a well developed infrastructure that supports tourism activities. The county has a well developed road network within the main highways and other feeder roads leading into tourist attraction areas. This has encouraged investment in tourism transport with people being encouraged to invest in tourist vans. There is also good airline connection, wit Nairobi serving as a transport hub within the African region. There are many international flights that come into Nairobi, and most of these flights originate from traditional Kenya tourist markets. Among the major airlines that come to Nairobi are British Airways, the Royal Dutch Airline and Delta Airlines. It therefore means that foreigners interested in visiting Kenya have good transport connections into the country. Other counties with the African regions have been emulating Kenya in transforming their airports into hubs in order to attract more tourists into their countries. A good example is Rwanda which in recent years has p ut efforts to position itself as a tourist destination. Currently Rwanda is planning to build a new airport which will enable it accommodate larger plane and therefore encourage travel into the country. Kenya has a reliable source of electricity power from several of its hydroelectric power supplies. This has proved its ability to provide energy in tourist related areas and recreational facilities. This electricity includes maintaining the electric fence systems in the national parks, providing security measures for the tourists in the process of their visits. Financial Services Kenya has been raked as number four in east Africa in its financial service delivery as ranked by Nairobi Stock Exchange. It is also hailed for its international standards banking systems that have allowed efficient transfer of money therefore ensuring a smooth monitorial flow of the visitors while away from their countries. The country is proud to own two of the four international banks while there are other family owned, local and microfinance whose service delivery has reached that of international banks. Kenya has always enjoyed its progress international economic relations, this is mostly due to its flexibility and openness in the allowing other nations also to invest in its country. From this mutual relationship, Kenya has always accessed both supplies and markets across borders with no problem therefore in accessing both tourists and other supplies that can be useful in facilitating tourism management. Social Factors Kenya and most of the developing countries have a rich cultural heritage that is greatly attractive to tourists. The Kenyan coastal areas that tourists love as many cultural and historical artifacts which attract foreign visitor. Socially Kenya constitutes of 42 ethnical tribes of indigenous blacks, Arabs and a few Europeans and Asians.. Most of the Kenyan traditional activities and cultural values up to date have remained as a source of tourist attraction to many foreign citizens. There are also tourist related artifacts produced from the traditional activities, which normally portrays a high level of technicality, skills and creativity, which even today’s technological development has not yet outworn them. Among these skills, include pottery, carvings, paintings and other forms of decoration. Tourists can also be interested in observing other cultural activities like, traditional circumcisions, sacrifices dances, crowning of social leader, wedding ceremonies among others, which are characterized by a high degree of creativity and uniqueness and hence attractive. Most of the tourist attraction sites are based on real life alongside some of the cultural groups who have maintained their traditional activities and therefore still act as a supplementary source of entertainment in the tourism industry. Kenyan people are known to live in as a collective group of both nuclear and extended family this has helped in efficient transfer of cultural influences from one generation to the other and therefore conserving the culture. Early in the olden days, there used to be rivalry over property in this case livestock, grazing and watering fields among the people of different communities but with education and government administration intervention, such vices were replaced by cohesive strategies with no conflicts. Kenya belongs to three linguistic groups of which each has its sub tribes with unique tourist attraction sites. These groups include the Bantu, cushites and Nilotes, the Bantu are located mostly in the central, a few in the western side while the rest are found in the coast, they comprise of almost a third of the country’s population. Among them the most commonly known are the kikuyu Kamba and Luhya. The Kikuyu people are commonly found around the Mount Kenya region whose m ajor tourist attraction aspects are their historical involves the freedom fighters against the British colonial rule. However the kikuyu having suffered a lot in colonial era, they have still developed a negative attitude towards any white person therefore making tourism exploration in that area .The kikuyu are known to be the sole owners of the country’s largest coffee farms which were introduces by the colonialists and servers as a tourist attraction site. With the introduction of universal education in Kenya thee social livelihood among the citizens in Kenya include improvement in communication process. Through the introduction of education, there has been an improved communication network mostly between the tourist stakeholders and the local communities living within the tourist attraction sites. This has reduced the incidence if hostility among the tourist by this rural community since they have perceived the white as an enemy due to the colonization stigma. Effort from the government to explain to them the importance of such people to the community has become effective and instead they have been incorporated in tourism improvement strategies. These local communities after a series of training have become of great use in protecting the animals from poaching, forest from deforestation and also acting as tour guides and securities to the tourists. Tourism Outlook and attractions in Kenya Tourism in majority of the developing countries is the second ranked source of foreign income, first one being agriculture. In Africa, the major tourist attraction sites are the wild life followed by unique geographical features and some of the cultural dynamics amongst different communities. Many state leaders regard its vital importance in its role in economic development as a complete industry for exporting services. Tourism provides great macro economic impact mostly in, providing foreign income for purchases of imports and creation of mass employment from hospitality, recreation, forestry, wild life transport, security cultural among others. In as far as tourism is concerned Kenya has been regarded as one of the most exciting destinations for international tourists in the world. Initially when one could mention Kenya with respect to tourism, the first picture to come to one’s mind was the wild life but with the fast pace of development, leisure has been incorporated among the reasons to visit Kenya for holidays. Tourism in Kenya is by magnitude the highest by far in foreign income earner owing its achievement from not only its natural resources but also the stakeholder’s devotion in excellent plan and show case implantation. This has made Kenya despite having almost similar natural resources in east Africa to be the first and most favorite destination for tourist in the region. Kenya as the tourism stakeholders put it, it has been blessed with a well-integrated combination of natural mostly, geographical features whose uniqueness has always being a source of amazement to tourist and hence attracting them. The most amazing thing is despite the several visits, photos and videos taken on several sites, it has never reached a point of monotony but instead more curiosity ids developed making more visitors to frequent as many consecutives holidays as possible. Among the unique and amazing geographical attracting sites are, the lake Vitoria and Naivasha not forgetting the amazing look of the rift valley, which also has some of the traces of the early man evaluating historical evidences. The second tallest mountain in Africa, Mount. Kenya happens to attract many in its activities like climbing it, exploring its wild life and vegetative variations among the slopes. However irrespective of a variety of different attraction sites and scenery, tourism exploration in Kenya cannot be a 100% complete in terms of satisfaction in the absence of wildlife exploration,. The most famous and amazing tourist attraction issues are the big five mammals and the herds behavior of migrating beasts and birds among different habitats. Several boards operate independently with a common aim of maintaining and improving the tourism industries in Kenya. These boards are listed alongside their area of operation as follows: Kenya wild life service in the maintenance, management and conserving the wild life and its habitats, plantations developing board in ensuring local wildlife and other ecosystems in the area of their management are conserved. Hospitality companies ensure the locomotion, accommodation and the general welfare of the visitors. Kenyan government has also taken the initiative to incorporate the private sector in this business to aid in its efficiency of improving tourism service delivery. Among the privatized organization, include the cultural organization formerly known as the Bomas of Kenya and the Kenya utalii hotels. however there are other sectors that were specially introduced purposely for the tourism industry development include the Kenya airways for travelling logistics, tourists travelling agents, and other associations like , hotel owners, caters, beach operators and coats managers associations. Political factors The political stability of nay country plays an important role in attracting visitor’s t its borders. A major factor that has placed Kenya at the top of tourist destinations is its relative political stability compared to other developing and emerging tourist destinations. Since its independence, Kenya has provided security to its visitors a factor that has played a great part in its development. Contrasting this with an emerging destination such as Nigeria, Kenya ha made great strides in terms of political stability. Although Nigeria has in recent years tries to diversify its economy by investing in tourism, perceptions of insecurity have always drawn back these efforts. However, Kenya ha also had its fair share of insecurity that has sometimes posed a challenge. Political violence had an immediate impact on the tourist industry for it directly affected the major tourism attraction areas mostly in the coast region. According to the political analysts, the violence was termed to be immature implying that chances of its repetition were high. These therefore led top the international tour guides to raise a warning sign on the likely hood of Kenyans political unrest, which defiantly lowered the tourists, turn out. Kenya has also involved itself with fallouts with international fallouts with other nations indirectly or directly. Kenya being a major allies of America, which is a major enemy of Arabic countries leading to terrorist attacks. America having a strict security network has become hard to be hit by terrorists and therefore they result into hitting weaker countries. This has therefore made Kenya to be a subjected it this terrorist attacks therefore making it insecure for the tourists to explore freely. Most African countries have raised concerns on the rate at which undesirable behaviors from the western countries have been transferred to Africans. Among this vices include drug abuse, sexual immorality and human trafficking with more than 90 % of them owing their causes to tourist. Other ecological problems associated with tourism include soil degradation, overcrowding of human beings in the animal habitats interfering with their normal activities mostly reproduction and therefore compromising the population increase. Most of the jobs created by this industry do not benefit the local people who are mostly involved or associated with tourist attraction cites. Influx of tourists has made the price of goods and services to go up therefore making it hard for the locals to afford. There has been a major reported problem in bio diversity mostly in coast due to the development in the name of bulking of structures like hotels which will affect the natural habitats of the coast. 2. Compare and contrast current issues and problems associated with tourism development in one developing and one emerging destination. Given examples where the impacts are different. Tourism presents many challenges despite its economic and social potential. A comparison of Kenya and Rwanda in tourism development challenges reveals many similarities and difference. Kenya is a developing tourist destination while Rwanda is an emerging destination. Some of the challenges facing both countries in the growth of tourism is the global economic meltdown. The economic recession in the world has hit both countries had leading to a decrease in the numbers of tourists. The crisis has discouraged foreigners from visiting some countries as a result of lack of disposable income. One challenge that Kenya ha greatly suffered form in the development of its tourism is environmental degradation. As tourism grows, there is a drive towards clearing large areas of land for the construction o facilities such as hotels. This has lead to depreciation of forest cover. The destruction of the environment along the coastal areas as also posed a great challenge to tourism development in the country. In contrast, Rwanda has attempted to avoid these problems . In mot developing countries, governments do not invest back into the community the funds gained from tourism. This is one of the problems that communities in Kenya have always complained about. The government therefore faces the challenge of satisfying communities living along the tourist destination areas such as Maasai Mara. This has sometimes led to unrest in these areas as the communities demand a large share of the tourist revenues. This is also a challenge in Rwanda although there are no large populations living along these areas in Rwanda. The problem is therefore greater in Kenya where the population is large and with greater economic and scalar awareness by the people. 3. Evaluate with recommendations the future development of tourism in these areas. As various governments within the developing world pursue economic success they have put in place strategies to guide the future development of the industry. The future of the tourist industry is bright despite the grim outlook posed by the present challenges. The global economic crisis is especially a serious challenge at present. However, as economies in Europe and other traditional tourism markets recover, the tourist destinations will experience a boom. Some counties such as Kenya have at present put in place strategies to encourage domestic tourism which mitigates against global factors such as the financial crisis and travel advisories on security. In recent years, the growth of the domestic market in Kenya has witnessed tremendous growth and there are indications that this is a trend that is set to grow. As more Kenyans explore the tourist attractions in their own country, hotels and lodges will continue reaping returns even during the low season. The emerging markets are also creating a situation of competition, which has forced the traditional markets to evaluate their marketing strategies. Countries such as Nigeria and Rwanda are struggling to catch up with traditional markets and this has given rise to intense competition in the tourism market. The increased competition means that tourists are likely to experience better packages and treatment in the various competing destinations. Value for money is an important consideration for tourist and increased competition provides an opportunity for realizing this advantage. It is important that government in developing countries put in place effective policies to promote tourism. They should liaise with local communities to achieve this aim. The participation of local communities in the development of tourism strategies ensures that there is coordination of ideas, especially with regard to issues such as environmental protection and revenue distribution. The local communities understand their ecosystem better and their views should be incorporated in all issues affecting tourism in their communities. There is also a need for the development of regional tourism in developing countries so that the market does not only rely on European markets alone. On the overall, tourism development in the developing destinations faces mixed prospects. However, there is no denying that the industry provides great promise to the economic potential of the developing countries both in the short term and the long term. Policies by the various governments must be positively channeled and the various tourist organizations in these countries should work towards strengthening the industry for a better future. Conclusion Tourism evidently plays a great role in the developing countries. This is more so in countries that have put tourism at the top of investment priorities. Considering these important factors, there is a need to conserve and maintain this industry by having many improvements in ensuring the industry is attracting and retaining more tourists. The first thing to consider is the importance of natural biodiversity to tourists. Wild life is the major tourist attraction sites therefore there is a need to maintain all the factors that make wildlife to be sustainable. This conservation measures include avoiding poaching and illegal logging, which lead to deforestation. Through the wildlife service providers, they educate the community on the importance of the wild life and the need to conserve it. Tourist related institutions in Kenya and other developing countries should be started in order to train the Kenyan staff on the better techniques to attract and retain tourists in the nation. This t rain may range from transport and logistics, hospitality management and tour guiding .security measures should be improved in this case including elimination of terrorism threats in certain countries, ensuring a stable government to avoid violence because of civil war and other upraising which are likely to scare away tourists from coming. There is also need to establish presentable agents and scouts in the tourist’s countries who provide first hand information and guidance on which country to go for holiday and the attraction sites that one is expected to experience.

Tuesday, February 18, 2020

Should We Do More To Deal With The Problem Of Domestic Violence, Or Is Research Paper

Should We Do More To Deal With The Problem Of Domestic Violence, Or Is The Problem Exsggerated - Research Paper Example Before going into the discussion regarding whether problem of domestic violence exists or not, let us get a better understanding of what domestic violence actually is. Domestic violence is a type of violence that occurs in a family. Some close family relationships such as husband, wife, children, or people having blood relationships with each other are generally involved in the domestic violence. One of the biggest dilemmas regarding domestic violence is that women generally are not aware of their basic rights which are given to them by the governments and that is the reason why they do not speak a word in front of anyone as the result of which they are constantly tortured and violated by their husbands. Although a lot of research on the issue of domestic violence has been done in the past, but we hardly find any research typically based on the issue of domestic violence as a real or exaggerated problem. However, there is some helpful research, which is done on different topics related to domestic violence. I will also make use of previous research in order to get a suitable answer to my question. Berrios and Grady assert, â€Å"Domestic violence is a pervasive and frequently unrecognized cause of injury among women†. Domestic violence can also be defined as those violent behaviors that are shown by one person to the other person in order to gain or maintain a psychological or physical edge over the other person. Stets, in his research, found that repeated violent acts usually occur due to the desire of men to take control of the behavior of women living around them. Richarson and Feder found that a large number of women having relationships with their boyfriends and husbands undergo physical injuries, mental cruelty, and forced sexual relationships. In the past, the issue of domestic violence was not considered an important issue. That is the reason why it has come out as one of the major problems for the today’s world. People also did not use to think much

Monday, February 3, 2020

Plato Essay Example | Topics and Well Written Essays - 500 words - 2

Plato - Essay Example o that we gain the knowledge of Socrates, perhaps one of the ancient world’s most famous philosophers but what were the ideas of Socrates and which were the ideas of Plato remains a mystery today. Plato, who was a student of Socrates, pulled together the ideas of his mentor and Pythagoras to combine them with his own response to what he’d seen of the world to develop his Theory of Forms. In this theory, the ultimate goal was to progress through the levels of reality to the highest level, also known as the greatest good. According to Plato, reality is not the world of substance and things that we can see in everyday life, but is something more abstract that can only be obtained through intellectual thought (Strathern, 1996, p. 25). To help explain his Theory of Forms, Plato developed what is today referred to as the Allegory of the Cave. In the dialogue Plato presents, Socrates explains how people have been chained since childhood with their vision restricted to a giant screen in front of them. They can see the shadows of marionettes and other things dancing, but the actual colors and nature of these things cannot be perceived from such a perspective. These are the Forms of Plato’s theory. Not having known anything else, Socrates argues that the humans don’t know there’s something to miss: â€Å"To them, I said, the truth would be literally nothing but the shadows of the images† (Plato 388). Because of the pain of the bright light of truth, Socrates also explains that individuals will attempt to reject the truth, the colors and textures of the real Forms, for the more comforting and familiar shadows. Eventually, they come to accept the truth, though, and are sometimes able to help others still trapped in the cave to come out and see the truth. Plato also outlined an elaborate description of utopia in The Republic. Here, he sets forth an example of a just society in which there are no possessions, children removed from their parents soon after

Sunday, January 26, 2020

In Depth Analysis Of The Toyota Motor Corporation Marketing Essay

In Depth Analysis Of The Toyota Motor Corporation Marketing Essay The main products for the company are categorised into three segments they are automobile, finance and housing communication system. The core business was automobile segment engages in the design, manufactures and sales that includes a car smaller than a compact car to luxury and sport vehicles, as well as trucks, SUVs, buses and minivans. Additionally Toyota produces automotive parts and accessories for its own use and for sale to others. Popular models include Land cruiser, Lexus line, Camry (best selling passenger car in America, 2004) and Corolla as well as the Tundra (Motor trends truck of the year, 2000). Toyota annual sales approximately reaches 7.5 million models on all five continents (America, Europe, Asia, Africa and Australia) in which the main markets for both Toyota and Lexus brand vehicle is the United States, followed by Japan. The other highest markets areas are U.K, China, Australia, Canada, Germany, Thailand, Saudi Arabia and the South Africa. In all, Toyota markets vehicles are more than 170 countries/regions. The global main competitors for Toyota are VW group, General Motors, Renault Nissan, Hyundai Kia and Ford. As shown in the appendix1 during the year 2008 Toyota dominates the global light vehicle sales with the highest market share of 14% by overtaking the main rivals like GM and Hyundai Kia in the midst of recession, instead booms the profit. But the position among the competitors changed drastically in the year 2009. The financial summary of Toyota for the year 2009 is tabled as follows. (Billions of yen) The financial report clearly shows that during the year 2009 Toyota made a net loss of  ¥437 billion ($ 4.3 billion) that never happened from the past 1950. It happens due to the worst sales, when company could not sell up to that volume in which that company take out its costs which related to production and sales. Whilst Toyotas president, Fuji Cho openly avowed in the year 2002, that Toyota is aiming for 15% of the global market share by 2010 accommodating itself with the new global vision named as Innovation into the Future. The new theme (vision) consists of four elements they are recycling based society, development of motorization on a global sale, diverse society, and age of information technology. Hence with the severe competition Toyota continues an effortful attempt to attain a goal outlined in the Global Vision 2010 by increasing its competitiveness. ANALYSIS OF THE CURRENT BUSINESS ENVIRONMENT AFFECTING THE AUTOMOBILE INDUSTRY: According to Johnson scholes (1999), different steps to be followed in environmental analysis for finding the strategic position of the organisation they are 1) Assessing the nature of environment, 2) Auditing environmental influences, 3) identifying key competitive forces, 4) identifying competitive position and finally identifying the key opportunities threats. The external environment, as a determined element remain a topic of interest in management literature (Joshi and Campbell 2003; Nahm et al., 2003). Hence, a balance relationship between environment and manufacturing strategy is complex for organisation to achieve success (skinner, 1969; Hayes and Wheelwright, 1984). On the other hand Pagell and Krause (1999,2004) argued that manufacturing flexibility is a global event in high performance organisation regardless of the environment they operate in. However, it is difficult to handle environmental uncertainty (complex) by depending only on primary analysis which is derived from the output of diversity ensuring that different parts of firms responsible for different aspects of diversity are unattached, and given resources and authority to handle their own part of the environment (Johnson and Scholes 1999). Considering the above factors the analysis of Toyota Motor Corporation in the automobile industry is carried out with help of analytical tool kit such as PESTLE and FIVE FORCES. PESTEL ANALYSIS: As shown in the Appendix-II PESTEL analysis for Toyota Automobile Industry is done with respect to the geographical locations of U.S and Japan. The most vital factors from the analysis have been taken and described below to find the current opportunities and threats of the company. The automotive industry is subject to various government regulations including those related to vehicle safety and environmental issues such as emission levels, fuel economy, noise and pollution. Many governments also impose tariffs and other trade barriers, taxes and levies, and enact price or exchange controls. Toyota has incurred and expects to incur in future, significant costs in complying with these regulations. New legislation also subject Toyota to additional expenses in future. As an automotive manufacturer, Toyota may became subject to legal proceedings in respect of various issues, including liability and infringement of intellectual property and Toyota is in fact currently subject to a number of pending legal proceedings could adversely affect Toyotas future financial condition and results of operations. Toyota is subject to various risks associated with conducting business worldwide. These risks include political and economical instability, natural calamities, fuel shortages, interruption in transportation system, wars, terrorism, labour strikes and work stoppages. The occurrence of any of these events in major markets in which Toyota purchases materials, parts and components and suppliers for the manufacture of its products or in which its products are produced, distributed or sold, may results in disruptions and delays in Toyotas business operation may adversely affect Toyotas financial condition and result of operation. The worldwide financial services industry is highly competitive. Increased competition in automobile financing may lead to decreased margins. A decline in Toyotas vehicle unit sales and residual in value risk due to lower used vehicle price increase in the ratio of credit losses and increased funding costs are factors which may impact Toyotas financial operations. The likelihood of these factors materializing has increased as a result of the ongoing rapid worldwide economic deterioration and competition in automobile financing has intensified. If Toyota is unable to adequately respond to the changes and competition in automobile financing, Toyotas financial services operations may adversely affect its financial condition and result of operations. Increase in prices for raw materials that Toyota and Toyotas suppliers use in manufacturing their products or parts and components such as steel, precious metals, non-ferrous alloys including aluminium and plastic parts may lead to higher production costs for parts and components. This could in turn negatively impact Toyotas future profitability because Toyota may not be able to pass all those costs to customers or require its suppliers to obsorb such costs. PORTERS FIVE FORCES: Michael Porter identified five forces that affect an industry. These forces are degree of rivalry, threat of substitutes, barriers to entry, buyer power, and supplier power. For the more on this framework proposed by porter, see Appendix. Viewing the automotive industry through the framework of porters five forces can be helpful in understanding the forces at play. Degree of Rivalry: The automotive industry is highly competitive with Big 3 such as GM, Ford and Daimler Chrysler. In the 1980s the Toyota entered a fairly disciplined U.S market and have been very focused in growing their shares of the market. The great diversity of rivals in terms of cultures and philosophies has intensified rivalry in the Industry. Market growth is slow in the established markets of U.S and Europe, and companies must fight fiercely to eke out gains or prevent losses in market share. However, growth is potentially huge in the rapidly industrializing nations of China and India. In these booming markets Toyota could take advantage of the opportunities to reap handsome awards. The degree of rivalry in the automotive industry is further heightened by fixed costs associated with manufacturing cars and the low switching costs for consumers when buying different makes and models. Threat of Substitutes: The threat of substitutes to the automobile industry is fairly mild. Numerous other forms of transportation are available, but none offer the utility, convenience, independence, and value afforded by automobiles. However there are inherent underlying social and cultural attitudes that keep people from owning automobiles in some parts of the world. Barriers to Entry: The barriers to enter the automobile industry are substantial. For a new company, the start-up capital required to establish manufacturing capacity to achieve minimum efficient scale is prohibitive. An automotive industry is quite specialized and in the event of failure could not be easily re-tooled. Buyer Power: In the relationship between the Toyota and its ultimate consumers, purchasers of finished vehicles, the power axis is tipped in the consumers favour. Consumers wield the greatest power in this relationship due to the fairly standardised nature of the vehicle and the low switching costs associated with selecting from among competing brands. However, Toyota remains marginally powerful due to large customer to produce ratio. The automotive industry is a dynamic place. With the forces above at play, and with history as a guide, it is safe to stay that the Toyota must continue to change, evolve and adapt. OPPORTUNITIES: Increasing Demand for Hybrid Vehicles: Globally it is estimated that the demand for hybrid electric vehicles(HEVs) will be approximately 4 million units by 2015. Rising oil price and more emissions regulation are likely to increase the demand for HEVs, as hybrid vehicles are less polluting and less operating cost (more fuel efficient) when compared to conventional diesel and gasoline engine, Toyota industries has strong focus on devices for plug-in hybrid vehicles. The companys competency on hybrid technology is likely to drive growth in the medium term. Establishment of New Material Handling In North America: Toyota is formulating a program to expand its material handling equipment in North America. In this context, in March 2010, Toyota industries determined to create a newly owned sub-subsidiary, Toyota material handling North America (TMHNA). Previously, both Toyota and Raymond used to closely work together to boost business efficiencies in the areas of manufacturing, quality and procurement. Though, TMHNA has officially created to integrate management and operational activities in North America. Establishment of TMHNA would enhance the regional co-ordination and increase the performance of the material handling equipments products of Toyota industries. Growing Opportunities in Emerging Automotive Products: Toyota is now concentrating on the new markets such as India, China, Russia and Middle East region seeing that these markets are expected to view a strong growth in the future. In addition, Toyota also provides automotive logistic services. The company, with powerful automotive business operations, would be aided by the growing vehicle demand in these emerging markets. THREATS: Kyoto Protocol: The Kyoto protocol for the lessening of carbon emission went into effect in 2005, which results on industrialized countries to cut-down their green house gas emission from the 1990 level by 5.2% by an average level during 2008-2012. Consequently, Toyota appointed the prevention of global warming as one of its strategic management issue and concentrate on measures to reduce global warming, which lead to increase in the cost structure of the company drastically. Intense Competition: Toyota is involved in competition with many automobile companies at home and abroad. Any differences in the allocation of management resources and in competitiveness of cost or technology are likely to impact the companys status in the automobile industry and its business performance. Toyota industries compete with the competitors having large volumes of business and greater financial resources than those of the company. High level of competition in the market place could affect Toyota business operation and could erode in market share. Exchange rate Fluctuation: Toyota industries encompass the production and sales of products and the provision of services worldwide. Toyota is sensitive to the fluctuations in foreign currency exchange rates and is principally exposed to fluctuations in the value of the Japanese Yen, the U.S Dollar and the Euro. In the recent Japanese Yen appreciated significantly against the U.S Dollar. The strengthening of the Japanese Yen against the U.S Dollar can have a material adverse effect on Toyota Industries reported operating results, which may in turn affect the valuation of the company. ANALYSIS OF THE TOYOTA STRATEGIC CAPABILITIES: According to Haberberg and Riepel (2008) capabilities are things that customers and other stakeholders notice when they are dealing with an organisation. Hence it is vital to identify the capabilities of Toyota, which is carried out with the frame work of resource based analysis (appendix- ) and value chain analysis. Value Chain Analysis: One key program is called value stream mapping, an analysis tool the automaker has been using to improve assembly line productivity is supply chain. Toyota manages the supply chain so efficiently that its production process is near perfect and it simply known as TPS (Toyota Production System), which developed by Toyota to deliver more effectively the products which their customers require, in a timelier manner than traditional management approaches. The unique management system of Toyota made a different relation with the suppliers when compare to other competitors, they are Frequent and reliable deliveries from suppliers Quality parts Small lot size Supplier network Communication with suppliers Proximity to the customers Single sourcing Long-term contract Supplier training Reduced lead time. Toyota is not asking suppliers to reduce price and profit instead, to find a way to minimise cost without having any negative impact on customer value. The present situation is Toyotas ability in developing the TPS and in integrating the policies and practises of their own that is the extension of internal policy deployment through their supplier association into the supplier network and the active co-ordination and development of suppliers, directly and indirectly through the widespread application of the Toyota production system. Resource Audit: Resources of Rolls Royce can be grouped under then following four headings they are Physical resources, Human Resources, Financial resources and Intangibles. STRENGTH: Robust RD Capabilities: Toyota industries actively carry out its research and development activities. Its RD activities can be broadly divide into two areas product development and improvements performed independently within each business division and RD undertaken mainly by the RD centre separate from the activities of its business division and with a view toward company wide- management strategy. Strong RD capabilities helps the company to keep up with the latest technological developments in the market and also helps in developing new products and technologies, thus contributing to the rapid growth of the company. Strong Engineering Capabilities: The company has strong engineering capabilities, for instance the Toyota is extending its product portfolio to include hybrid engines and hybrid vehicles. The company also manufactures electric compressor for hybrid vehicles. The companys strong engineering capabilities allow expanding its product portfolio. WEAKNESS: Overdependence on Japan: A Toyota industry is highly dependent on the Japanese market for its revenues. This overdependence on Japan could have a dampening effect on the companys revenues if the companys sales in Japan do not grow as expected. Addition to this the concentration of operation in this area increases Toyota industries exposure to country specific factors such as changes in raw material prices, labour strikes, changes in economic conditions, and most important increasing competition price from low-priced products. Evaluation of Possible Future Strategies for the TOYOTA: After scanning the environment, performing the SWOT analysis, that showed a weakness in Toyota may at the same time huge opportunities. Now we need to know how to use this opportunities to overcome the threats, minimise the weakness and maximise the strength. Toyotas success is largely based on its forward-thinking, innovative management style and its rigorous standards of quality. The Toyota production system is much-studied strategy of design and manufacturing which emphasizes streamlining and elimination of waste giving rise to the Just in Time and Lean manufacturing movements and continuous error checking and improvement. In addition, Toyota has repeatedly been ahead of the trend in investing new technologies. Instead of focusing on reducing labour costs, Toyota has increasingly automated their production facilities. And with the release of the Prius in 1997, Toyota introduced the first mainstream hybrid vehicle, cashing in on the demand for fuel economy and reduced environmental impact. Like the Prius, the section line successfully addressed a new consumer sector, a plan that Toyota will continue to follow. These strategies combine to give Toyota a significant sustainable competitive advantage. In order to realize the image that Toyota is striving to achieve it is important to undertake a paradigm change from the following three perspectives they are are technology development, management and profit structures Acquisition of a Competitor: Acquisition of competitor is known as improvement strategy of expanding its core business. The acquisition will lead to rise in market share (barney and Hesterly, 2010) for Toyota through market penetration, market development and market expansion, if the acquire company is operating in more and different emerging markets. This form of acquisition is called horizontal integration and would lead to an increase in market share and decrease in competition. Toyota to exploit the merging market such as India and China it should acquire the existing competitor so that it is easily strengthen the market position and open new opportunities for competitive advantage New Strategic Capabilities: There are strong competitors for Toyota in the technology, marketing and manufacturing. Therefore to reduce the intensity of rival among the major players, Toyota can look into joint venture strategy to capture the emerging markets such as China, India and Russia. Implementation of Strategic Change: Surviving to highly competitive rapidly changing environment often requires firms to develop strategies that provide the right kind of flexibility to succeed their specific environments, thus achieving fit between the type of flexibility to succeed in their specific environments, thus achieving fit between the type of flexibility pursued and the demand placed by the environment. Negotiating: Negotiation should be there to understand the demand of both buyer and seller and these has a significant impact as the negotiations unfold and implementation begins. Implementation: Implementation is the critical part for the leadership and communication to execute the change management. The changes that should be made for merging should be planned in detail because there are many issues that are expected with acquisition such as integration challenges, culture, control system, financial operation and loss of key personal (Thompson, 2001). In order to overtake these problems Toyota has to do a proper planning and research before the implementation to get the positive outcome. Conclusion: The product developments are in increasing nature because of the emerging new markets and the technological factor is adding value to the company focusing for the next generation, hence I personally recommend on investor to invest with Toyota APPENDIX-II PESTEL ANALYSIS FACTORS IMPACT(opportunities threats) TIME SCALE POLITICAL: Political instabilities, fuel shortages, natural calamities, wars, terrorism and labour strikes Arab oil embargo turned fuel economy into an important automobile policy goal for the U.S government. The occurrences of any of these events will results in disruption and delays in operation. Prolonged disruption may adversely affect the financial conditions of Toyota Toyota Government relation are 1, Reliance on Business association 2, Personalized network and 3, emphasis on harmony. Changes in legislation Continuous process Every 5 years ECONOMICAL: Financial crisis that began in 2007 and accompanying sharp declaration of vehicle sales during 2008 serious challenges for all automakers. Energy crisis. Rise in price of gasoline. Exchange rate fluctuation with respect to Dollar Establishment of new material handling company in north America which will limit the cost of exporting the vehicle to US Alternative energy efficiency technology and more investment in RD Big cars got smaller, small cars got better Drove down demand for big, expensive cars, and pilled in capital from Japan and elsewhere, which helped drive up the dollar In March 2010 Continuous Continuous Continuous SOCIAL: Demand for fuel efficiency by consumers Intense Competition More demand for hybrid electric vehicles Resulted in more choices for buyers and searching opportunities in emerging market Estimated within 2015. Continuous TECHNOLOGY: Rising energy cost and increased emissions regulation are likely to increase the demand for hybrid vehicles. Toyota industries has strong focus on hybrid vehicles Demand to reach within next five years. ENVIRONMENTAL: Kyoto protocol The emergence of government regulation for vehicle safety and emissions. Reduction of green house by 14% from the 1990 level within 2012 4years LEGAL: Toyota may became subject to various legal proceedings in respect of various issues, including product liability and infringement of legal property, and Toyota in fact currently subject to a number of pending legal problems Adversely affect the Toyotas future financial condition and results of operation Continuous NOTE: Analysis mainly based on the Japan and US geographic location Appendix-III Porters Five Force Model New entrants Industry Competitors Intensity of Rivalry Buyers Suppliers Substitutes Appendix-IV Value Chain Analysis Reliance on Business association (internationalization)-well connected to each other and with politicians and bureaucrats. Personalized network- The use of personalized /informal network for political influence and mobilization in Japan is a more visible and frequent activity than in many other industrialized countries. Emphasis on harmony- strong emphasis on harmony among firms and policy makers.