Macroeconomics Essay Example | Topics and Well Written Essays - 250 words - 4

Macro economics - bear witness Exampleference to the studies conducted by (Krugman and Wells 254) the differences noted above in terms of ontogeny of the livings standards can be attributed to differences in the level of separately countrys physical ceiling which is mainly determined by a countrys level of savings and investment. Secondly, the differences can be attributed to differences in education levels of each country, the technological progress, government policies and the level of political stability that is experienced in each country.Physical capital such as office space and machineries influence long-run economic growth of aggregate fruit per capita by increasing the productivity of a worker. Human capital also influence long-run economic growth of aggregate output per capita since a well educated and highly trained employee will stretch more competitive advantage and increase the value of labor. Thirdly technology influence long-run economic growth of aggregate outp ut per capita by increasing efficiency and effectiveness of production whilst reducing the direct cost. Lastly, according to (Krugman and Wells 251) inseparable resources do not necessarily influence the long-run economic growth of aggregate output per capita in todays World as it did in the past centuries. However, it is of amount to note that natural resources have the potential of increasing a countrys foreign supplant income thus influence the long run economic growth of a country that is endowed with natural resources such as mineral deposit and abundant

Political Science questions Essay Example | Topics and Well Written Essays - 1750 words

Political Science questions - Essay ExampleThese reflected into two that is extreme naive realism and moderate realism that all provide a different opinion on realism. Extreme realists William of Champeaux connect realism as a position in which the universals exist through and through an independence of the humans and other particular things adjoind in the field. On the contrary, other philosophers viewed this realism as so extreme and considered realism in the eyeball of God as the relation through which particular things are created. This moderate theory as proposed by St. Thomas Aquinas and John of Salisbury. In relation to political realism, transnational relations come to consideration. These relate to general theories of political realities of the valet de chambre. The aspect of political realism on this international perspective reflects aspects of competiveness within international communities and conflicting aspects that relate to the ultimate security aspects. I gripi sm and liberalism are part of this realism parameters. Idealism and liberalism deal more with the emphasizing of cooperations on an international level. It is therefore fair to conclude the position of the world based on realist as a connection of different states with regard to competition that has raised conflicts through which security has soured.

Critical thinking Essay Example | Topics and Well Written Essays - 1250 words - 1

Critical cerebration - Essay ExampleThough, theories and methods ar proven or disputed, still due to the critical mentation these conclusions be not final and they are always exposed to comments and criticism. Thanks to critical thinking companionship is added to all fields allowing for the perpetual organic evolution of disciplines. Critical thinking and critical approach contribute for the desir qualified skills that all students aim to - to be able to assess decisively situations. Universities insist on critical thinking because it develops and evolves intelligence and associative thinking.Critical thinking has been interpreted and measured in numberless ways. According to Pascarella and Terenzini (1991) critical thinking typically involves the individuals ability to do some or all of the following identify central issues, make correct inferences from data, deduce conclusions from the culture or data provided, interpret whether conclusions are warranted on the basis of the data given, and evaluate evidence or authority (p. 118). They note that the impact of the activated critical thinking is evidenced in postsecondary education. The imperative that students check to concentrate and develop their critical thinking in their postsecondary education identifies the need for scholars to accent on other(a) aspects of thinking while at university.Very often students receive feedbacks on... zing, synthesizing and/or evaluating information gathered from, or generalized by, observation, experience, reflection, reasoning or communication, as a guide to belief and action (1). For them critical thinking is a process and not an end. Paul and Elder (2002) emphasize that there are 9 qualities that alter the language into an optimal use clarity, precision, depth, accuracy, relevance, significance, logic, breadth and fairness. Usually students who master the critical thinking technique entrust be able toSearch patterns and underlying rulesConnect ideas to previous k nowledge and examine and compare theories and substantial life experienceVerify and substantiate evidence and relate it to the conclusionsExplore the arguments for and against and ask critical questions and do assumptionsRecognize alternative viewpoints and being able to built counterargumentsGeneralizing main concepts and seeking clarifications to build sustainable knowledgeAt university level critical thinking is essential for combining discussion with peer-editing activities and to stimulate the collaboration surrounded by pupils. An example of encouraging critical thinking at university is establishing buzz groups within the class and each groups pull up stakes discuss a certain aspect of the topic and the other will try to build counter-arguments and evaluate the conclusions. A research conducted by Johnson et al (1991) shows that buzz group discussions following the guidelines of covering main concepts and thus critically evaluating if a counter-argument can be built he lps students to develop problem-solving skills and to enhance their independent thinking. In buzz group discussions learners are able to formulate problems and to be involved in the process of exploratory learning. This is so,

Finance and accounts Essay Example | Topics and Well Written Essays - 5250 words

Finance and accounts - Essay ExampleStock markets are very evaporable and investors sine qua non to learn through various important concepts before proceeding to invest their money to ensure acceptable returns.Many at times there may be possibilities that investors suffer on the back drop of fall prices after they invest. These websites should at least be reduced if they bearnot be reduced as a whole. The surgery of loss reduction involves a complex understanding about the following terminologies1.CAPM and Arbitrage Pricing scheme 2.Efficient markets hypothesis and Pecking order theory 3.Modigilani and Miller approach and Residual theory 4.Symbolic interactionism, ethnography and phenomenology 5.Conceptual framework of report and 6.Conceptual framework of management accounting.These abovementioned theories explain the basics of share trading and knowledge of them is a must to repress find in the stock market. 1.CAPM and Arbitrage Pricing TheoryCapital Asset Pricing Model (C APM) It was developed to herald the future set of shares based on the previous trends in market equilibrium. It establishes the underlying relationship amongst the returns expected in the light of unavoidable risk. Any investment undersurface be classified into risk free or portfolio categories. It analyzes the return which a portfolio is expected to deliver in the form of a feature line which comprises of three primary measures the alpha (), Beta () and unavoidable risk. is the simple intercept of the line and is leap out to be zero and any value below that would avert the investor to participate in that finical stock. necessary risk is the risk relating to a particular stock or industry which can be avoided or reduced comprehensively in a portfolio. Hence, the main determinant of the stock price is the ? which defines the sensitivity of a stock in relation to market changes. If it is much than 1, the stock is supposed to be more volatile than the market and vice versa. The formula for evaluating ? is Rj = Rf + (Rm-Rf)?j where Rj refers to the return expected of the security, Rm is the market return and Rf is the risk free return (treasury bond interest rate). ? is the unavoidable risk. The values of ? for many active stocks can be obtained through data published by various financial concerns. Thus, the expected return can be calculated. The same ? can also be interpreted as the discounted rate of the dividends to ascertain the value of the stock and thus by equating both the values, one can conclude whether a particular stock is over or undervalued. The underlying assumptions are 1. Existence of efficient capital markets 2. Zero be for transactions 3. No restrictions 4. Investors cannot influence the markets 5. Non-incurrence of taxes Specific situation Let us evaluate a situation comprising of 7% Treasury bill rate and portfolio market returns of 12% to estimate the share value of pro-fli fraternity which contains a ? of 1.3. According to the f ormula, the share value would be .07+(.12-.07) *1.3 which gives a result of 13.5%. This shows that when ? is more, the returns tend to be more rewarding. In the same case, if ? is estimated to

Back to The Future 1 Essay Example | Topics and Well Written Essays - 1500 words

Back to The Future 1 - Essay ExampleMarty and George in 80s represented a contrary type of relations in the unhappy family. Relations of Marty and George after his trip to 50s became friendlier and their family turned into a undefeated one. This research paper is focused on relations between a yield and a son. The some interesting thing is that a son changes a life of his father and not a father changes a life of his son, as it usually happens. It is appropriate for Robert Zemeckis to project his relations with his father on his moving-picture shows (Thomson 2002, p. 958). A great director was oppressed by his father, because the latter did not believe in his creative potential. Therefore, a model of relations between Marty and George reflects commonly the relations of Zemeckis and his father. Zemeckis grew up in the suburbs of Chicago and was lacking of art. Robert cute to take his p arents 8 mm home movie camera and delve in the fascinating mankind of cinema. His desire to g o to a film school was intensified after Robert watched the Bonnie and Clyde film. Cinema was an winning world for a young boy, who wanted to change his daily routine into a fairy tale. Characters of the film From the very beginning of the film the audience is intrigued by a character of medico dark-brown, who is introduced through the way out of newspaper articles about his bankruptcy, which are aired on the radio and discussed in TV news. There are as well many other trifles, which introduce Doc Browns character. This man is supposedly a scientist or an amateur inventor. It is evident that inventions of the scientists were not appreciated by the society. Plutonium was stolen by Doc Brown in order to power his time machine. So, there is so much about this scientist, but who is he and which role does he play in the film? Actually, a young boy entering the theater of Doc Brown is Marty and his fathers name is George. Doc Brown is a prototype of Martys father, a kind of an ideal person, to which this boy feels a great affection and is attracted by his interesting life. It is come-at-able to suppose that Robert Zemeckis expressed his desire for art in his childhood and a character of Doc in this film embodies desirable features of his father. Moreover, Doc is inspired with technology and Robert in his childhood was enchanted by television. Marty came to Doc to have a rest from his blue-collar environment, and Robert Zemeckis looked for such place of aesthetic pleasure while ceremonial occasion films. Marty is lacking of attention of his father and wants to find an opportunity to penetrate into the depths of Georges ideas. Doc gives him a rule to get acquainted with the past of his father and mother. When a magnificent time machine starts working, Marty has an opportunity to go back to 1955 to help his father to live a better life and not the one he has. It should be noted that Robert Zemeckis develops not only an interesting plot of relations between Mar ty and George, but also paints a pathetic picture of psychological development of Marty. In his juvenile age in 50s he became his fathers rival and wanted to fight for his mothers heart. There is no steady a hint of Oedipus complex, relations between Marty and George happen at different level. Relations between a father and a son are developed as compensating ones Marty gave an opportunity for his father to overcome his fears in the past and

Pregnant Women Whose Age is Over Forty Assignment - 1

large(predicate) Women Whose Age is Over Forty - Assignment ExampleIn general, this assemblage of women is in the most tough phase in its womanhood menopause period. There argon several changes that occur in their bodies that ar mainly biological undoubtedly, the physiological modification has the direct and visible effect on the psychological case of the person bear withing such body changes. Pregnancy in this particular period is very risk of infectionous for women who undergo such childbearing. Based on certain statistics, women of such age bracket be twice more(prenominal) at risk of having a fetal demise in contrast to the younger women (Klossner, 2006). This implies that in better-looking birth to a newborn baby, the lives of the women whose age is over 40 are in greater danger than those of the women below such age bracket. This sort of tragedy (i.e., death) from childbearing is largely attributed to the physiological characteristic characterized in the at-risk group of women. Due to dramatic changes in their bodies (e.g., ovaries), pregnancy for this group of women is complicated, which leads, at certain times, to their ultimate demise. Moreover, women who are pregnant in their 40s and above are more likely to have a type of caesarean delivery (Klossner, 2006). In contrast to young women, women of considerable age are prone to cesarean effect probably due to the biological complexity inherent in menopausal stage. It is noteworthy that there are two human beings that are at risk in this type of scenario the mother and the baby. In the process, the at-risk group of women inevitably needs vital support from the family in particular and the community in general. In the absence of the family, the community through its resources is essential in facilitating the pregnant woman whose age is over 40.

Administration Issues Essay Example | Topics and Well Written Essays - 500 words

Administration Issues - taste ExampleThe companys background problems revolved around the product of the company known as wall tiles. The tiles were plain white ceramics. Being plain white was a major characteristic that gave the tiles their influence qualifier. In the supply chain maintaining this product in its original state posed problems for the company (Oliver, Webber, 1982 pp. 65). With increase competition the company could no greater retain its h obsolescent on the merchandise as long as its order qualifier was un-altered. The survival of the company could be secured through diversification and finding newfangled order qualifiers. The new concept products made the company to come up with a corporate constitution for designing, manufacturing and selling ranges of well designed, high quality, coordinated fashion home ware. This was aimed at reversing the image that was held of the companys products. It would too give it the power to compete in a totally different growin g market sector (Oliver, Webber, 1982 pp. 65). With the new product concept the company realized success but administrative problems were salvage there. The introduction of new products continued to irritate the companys administration. The stock of finished goods was huge and transaction with it presented a problem. Distribution costs had also grown so that the profits being obtained on the old concept products had gone down considerably. The problem of planning was cropping in because new cognitive content was needed for the fabricate of new ranges. The distribution system was also non suitable for the newly introduced operations. The molding department was also having labor unrest because of the payment object being used at the time. The problem here was that jobs had not been redesigned as well as the system of payment which could take account of the manufacturing methods that had changed. In conclusion, the focus of the report was on administrative problem in HG Ceramics Company with the inclusion of the order qualifiers and order winners. HG Ceramics Company in its new concept products was presented with a number of administrative products among them the problems in the distribution system, surliness from new product introductions, increased distribution costs, need for planning in order to create the capacity for the manufacture of the new ranges, unsuitability of the distribution system for the new operations and the labor unrests because of the unsuitable scheme of payment within the molding department.

Gender, Power, Authority & Violence in Shakespearean Drama Essay

Gender, Power, potential & Violence in Shakespearean Drama - Essay ExampleIt is evidently clear from the discussion that in Shakespeares plays, clashes and conflicts arise between the members of the hierarchy when those below contradict their superiors or aspire to their positions. But the distinguished conflicts are those which are between reality and appearance enjoy and friendship, male and female values and love and war. Shakespeares Othello, along with Hamlet, King Lear and Macbeth is one of the four great tragedies, and thus a pillar of what or so critics consider to be the apex of Shakespeares dramatic art. More than anything else that distinguishes Othello from the other tragedies is that its a rumor of love and betrayal, secrets passion and intrigue. Iago, the villain uses Desdemonas weakness and naivet and succeeds in convincing Othello about the infidelity of his immature and beautiful wife with his favorite lieutenant, Michael Cassio. Desdemona is almost overly virt uous, which causes her to feel that she must defend Cassio and speak in a public sphere where necessary. She is stronger than Othello believes her to be and is not the private, withdrawn and a meek woman he would ideally like her to be. Desdemona, a young Venetian woman of high birth and good instruction marries Othello out of love. She is an ideal wife appreciated by everyone except the villain. Desdemonas wifely loyalty and the physical abuse she withstands at the hands of her jealous and distrusting save are issues that would have made headlines in straight offs society. Her concern for Casio shows her generosity, for she will intercede for him with Othello. We believe her when she says that she does not know what it means to be punic and defends herself by saying that the word whore is not in her vocabulary. Though Othello loves his beautiful bride but does not know her that well. He is a strong leader, a great warrior, self-assured in his abilities to handle phalanx matte rs but he is insecure about his personal qualities. He is unsure why Desdemona chose him for a husband and could only fathom one explanation, She loves me for the dangers I have passed.

Concept Comparison and Analysis Across Theories Term Paper

Concept Comparison and Analysis crosswise Theories - Term Paper ExampleNursing theories contribute an important part of the profession and according to bloody shame and Patricia (2008), nursing knowledge includes theories, philosophies, research and practice wisdom of the discipline. In the nursing profession, acquisition of this knowledge is substantial for guiding practice (CN, 2011). Nursing surmise is a group of concepts, relationships, definitions and assumptions or propositions resulting from nursing models or separate disciplines. The guess illustrates an intended and systematic view of phenomena through formulating particular interrelationships among the concepts, with objectives of describing, explaining, predicting and prescribing (Cowling, 2007). In this respect, knowledge structure in the nursing profession is studied in different headings, including nursing philosophies, conceptual models and grand theories, metaparadigm, nursing theories in addition to middle range theories and nursing theories.According to Fawcett (2000), conceptual model is a representation of the elan of judgment about a particular problem or a method of representing the complexity of functionality of a particular aspect. One main defining characteristic of conceptual models is that they are not usually found on a particular nursing theory. In this regard, the models are usually based on variant theories, which enhance comprehension of a particular nursing problem in a different displace or context.... Florence nightingales environmental theory emphasizes on the role of environment in promoting recruit and health to a person. According to environmental theory, the role of nursing is to provide fresh air, cleanliness or hygiene, warmth, book diet and a silent environment to facilitate curative process of patient (Barrit, 1973). In reference point to the theory, Nightingale considers a person in the nursing context as a patient served by a nurse and affected by enviro nment and as an individual possessing reparative abilities (Fawcett, 2000). To promote health, the environmental theory recommends provision of necessary physical, psychological and social support to the patients. In this respect, environment forms the basic component of the theory. The theory consists of all environmental aspects including social, psychological, physical and all other external conditions that influence a persons health. To ensure the maintenance of health, the environmental theory holds that the healing powers within a person should be utilize to their maximum (Mary and Patricia 2008). This is achieved by deliberately controlling the physical, psychological, and social needs to prevent the occurrence of disease. In this respect, Florence Nightingale attributed the emergence of disease to nature, argued that ill health is reparative, preventable, and managed by controlling the relevant external and internal factors ring the patient (Florence Nightingale Museum). T herefore, according to the environmental theory, the focus of nursing professionals is management of the patients health and disease, whereby they should help the affected individuals regain health by providing a favorable environment. Faye Abdellas topology of blackjack oak

English Legal System - Court Observation Visit Essay

English Legal administration - Court Observation Visit - Essay ExampleCourts play a vital utilization in ensuring that justice prevails at all levels of the nation. There be various types of hooks that a state installs, each of which is charged with specific duties and responsibilities in line with its jurisdiction. The haughty Court of nicety in England is a specific righteousness enforcing unit in the country. Dispute resolution in relation to high end cases is the sole role of the court. Cases dealt with by the court are referred to it as the court of last resort. Among all appeal courts in the unite Kingdom, the Supreme Court of Justice is the highest. Middlesex Guildhall, Westminster is the location where the Supreme Court in England is situated. The building that houses the court is on the opposite side of the Houses of Parliament. The location was agreed upon after intensive deliberations that finally concluded that the courts current location was informed by linked Kingdoms constitutional change. Court Visited and discover The court observation visit took place in England, with the court visited being the Supreme Court of Justice in England. The visit took place on the 18th of June, 2012. Specifically the observation took place in court 1, from 1030 am. Proceedings in the Court At the time of the visit, the case that was being handled was KM (Zimbabwe) (FC) (Appellant) v depositary of State for the kinsperson Department (Respondent) (Elliot, 2009, p.36). The case had been previously determined but KM went ahead to appeal following his dissatisfaction with the previously passed judgement. KM was seeking asylum in the United Kingdom1. He is a Zimbabwean citizen, aged 54 years. His primary reason to seek for asylum followed the belief that he would be persecuted upon going back to his home country since he had failed to be loyal to Mugabes regime. His deal had been previously refused, thereby being unavoidable to return to his country. Altho ugh he appealed to the decision that required him to leave the United Kingdom, the tribunal that was hearing the case dismissed the appeal. This was in the year 2009 six years after KM entered the United Kingdom. The court proceedings on the 18th of June, 2012 accounted for the above, with the Supreme Court of Justice hearing KMs appeal following the asylum denial. The Secretary of State representing the United Kingdoms Home Department was accounting for KMs stay in the United Kingdom. He had been previously required to leave the United Kingdom for up to six months, with an allowance to re-enter as a visitant (Zander, 2007, p.89). KMs claims were regarded vague and without critical evidence. The appellate court, however, did not rule out the possibility of underlying risks to KM given the fact that his son had successfully been granted asylum in the United Kingdom. The Supreme Court made considerations to have the case remitted to the tribunal for critical evaluation and assessment of KMs case with regard how credible his argument was in the filed appeal. Parties Involved A number of parties were involved in the case. The first party was the appellant. The appellant in this case is KM. On the other hand there is the respondent. The Secretary of State for the Home Department of the United Kingdom (Bailey, Ching and Taylor, 2007, p.47) was the respondent, and the second party. The third party was the jury and the ratified system in the United Kingdom. The case was based on some operational immigration laws that are enforced by the United

Morning after pills Essay Example | Topics and Well Written Essays - 2250 words

Morning after pills - Essay Examplee Morning - after pills beneficial like a regular birth control pill although it is much stronger and it functions by preventing ovulation thus avoiding contraceptive method or implantation if ovulation occurs (Ferri, 2012, pp. 285-287). Morning-after pills are common and they play a significant role in preventing an unintentional pregnancy in various situations but the drug is highly abused apart from having some unseemly view-effects on its users.Morning-after pills contain hormones similar to the content of regular birth control pills and they prevent pregnancy mainly by preventing ovaries from releasing bullock blocks. Moreover, the pills usually make cervical mucus thick hence prohibiting sperms from mixing with egg and causing fertilization. The functionally of the pills largely depend on the stage of the menstrual cycle in women. Watkins (2012) believes that depending on the stage of the menstrual cycle, the contraception may delay or st op the release of the egg, change the lining of the uterus, and finally alter the movement of the egg and sperm by limiting their speed (1463-1470). However, the morning-after pills are never effective for pregnancies implanted in the uterus. It should be noted that morning-after pills are not worth relied on and should unaccompanied be considered as last chance contraception (Ferri, 2012, pp. 285-287). Effectiveness of the morning-after pills is within a certain terminus including immediately after unprotected intercourse up to 5 days or 120 hours. However, they evermore work best when taken immediately after unprotected sex instead of waiting for the fifth part day because the longer an individual waits for the pills, the lesser their chance of working.Ferri (2012) illustrates that there are two hormonal types of morning-after pills whose effectiveness, prices and side effects differ slightly (2855-287). The first type of morning-after pills is known as plan B that contains progestin hormone and is taken as 2 pills. Plan B pills can either be taken immediately

Service Quality of Hotel Park Inn Assignment Example | Topics and Well Written Essays - 3000 words

Service Quality of Hotel Park society - Assignment ExampleThe growth of these topical anesthetic companies is giving very tough competition to international chain hotels like Pearl Continental, Holiday hostel not only in terms of price but quality of product and serves as well.Quality service is a major challenge facing the hospitality sector in this millennium. hawkish advantage and competitive success relies heavily on the service quality in this indus endeavour. The delivery of service depends upon various factors and the most important factor is the people or human re informants. Every interaction is a service encounter in the hospitality sector and interactions take place at various levels. Assessing the node expectation and efficiency in delivery of service is a big challenge in this passing competitive and fast moving industry. This paper will attempt to study whether the high or base volume of service encounter affects the overall service quality at Hotel Park Inn, Pe shawar. It will try to determine how the contribution of employees, of the managers, technology, innovative ideas, and the consumers themselves help meet the challenge in the new millennium.Hotel Park Inn, Peshawar (PIP) is a 3 onet hotel and experiencing rapid growth. Its products and services give the customers a feel of a 4 star hotel. The hospitality sector in Pakistan can be divided into the corporate and the consumer sector, the corporate being a very large and dominating sector. This is especially in view of Afghanistan as the neighboring country which uses Pakistan as the entry and exit point for all its travels. The hotel has 70 rooms on offer apart from concourse and wedding facilities. Conferences contribute towards revenue generation but its main revenue comes from rooms sold. The hotel is very strategically located which provides easy access to both the discerning corporate clients as well as the blank traveler. It also offers wedding facilities for the local people. The PIPs association with recognized tour operators adds to its service quality as it is in a position to offer sightseeing packages to its foreign clientele. During the lean season this also becomes a source of revenue. Hotel Park Inn can boast of a large number of loyal customers.Hotel Park Inn is basically a type of room night segment of the hospitality industry although it provide untenanted and conference facilities as well. It is situated in the heart of diachronic Khyber bazaar Peshawar, in the North western hemisphere Frontier Province of Pakistan. Its location is very much suitable for targeted segment of market i.e. business visitors/customers. maven can get access from the hotel to all the important places of the city like airport, national train, motor highway, historical places and all the business centers. The hotel building consists of six stories, newly constructed which contains 70 double rooms, 2 dining halls, 3 conference rooms and a immense basement car park where 70 cars can slow be parked . This building has been designed and constructed by a ren possess architect Mr.Zaheer. The firm is owned by Hajji Group which was founded in 1996.

International Economics - Mexico Essay Example | Topics and Well Written Essays - 3000 words

multinational Economics - Mexico - Essay ExampleThis means that the production continues to fall by close to 25% crosswise the previous ten years (Sverdrup 123). Mexico recently built its infrastructure for purposes of enhancing trade. In 2012, the trade cartels in the Mexican telecommunications industry were among the individuals in the world. However, their undertakings are nearly monopolies as they control close to 70% mobile phones, 70% wideband and 80% home phone lines. thither are recent concerns that the lack of competition which continues to hinder process. The levels of mobile-phone penetration across Mexico are only 85% which are similar to Iraq while the fast broadband connection costs are double those in Chile. Mexicos culture and economy are continually changing. For some(prenominal) years the economy of Mexico under-performed that of Brazil, but it has grown faster in the past year. Most Americans keep lamentable about the illegal immigration even though Mexico nee ds to actually gain immigrants by itself. By facts, the birth rate of the country is trending downwards and could soon be way below that of the U.S. on this case, the force out linked to drug cartels is stock-still upheld while Mexico is regarded to as a critical underground trade lane for U.S. addicts (Leoce 29). In the last decade, Mexicos priorities included upholding legal institutions, protecting the environment, providing better healthcare and improving the scotch competitiveness of the country. This is also evidenced by the insuring of public security like military sweeps in breeze down the levels of organized crime as well as the corrupt local police. Part of these, the break away for the drug cartels became most controversial. It also amounted to all-out war where there were increased levels of violence such as retaliation of the civilians by such cartels. Most Mexicans blamed the government for increasing violence and upsetting the cartels. There were a number of cha llenges facing Mexicos economy in the long run. The economy faced challenges such as the engraved need to modernize the labor and tax system laws, upgrade schools, health care run and roads as well as privatize the oil industry. These were expected to happen prior the abroad investors help in the extraction of to a greater extent oil. However, it deprived the Mexican government more revenue (Sverdrup 73). Researchers oblige realized that Mexican research and development expenditure, skilled labor availability and the patents issued were radical indicators of various expert leadership ends that enabled the country to continue producing a comprehensive stretch of such technological innovations while still having found that such technology leaders focused on exporting hi-tech products and receiving imports of products of more standard. The Mexican peso crisis and international effects In the 1988 1994 term of the Salinas presidency in Mexico, the overall GDP growth was at an avera ge of 3.3% annually which was a number exceeding the population growth rate (at 2%). However, it fell approximately immediately for the other poor and developing countries. Even though the growth moody to be lagging behind at the pace of subsequent emerging markets, the Mexican politicians became even more willing to detail rapid economic expansion in terms of stability (Villareal 11). The new and almost stable element in this case had the Mexican economy entering 1994 with diverse

Solar & Wind Energy Resource Assessment Essay Example | Topics and Well Written Essays - 3000 words

solar & Wind Energy Resource Assessment - Essay ExampleThe buildings at Merchiston are a study part of Napiers estate offering teaching accommodation for up to 2,000 students. An elan vital audit for the supra buildings has been conducted using utilities bills. Utility bills from August 2007 to July 2009 (24 months) have been used for the assessment. Alternative systems have been considered to reduce talent use.The electricity consumed (kWh) for each month has been illustrated in figure 1. The units of electrical energy consumed have steadily declined over the years. miscellaneous initiatives have resulted in the development and use of energy expeditious equipment, in addition to energy efficient practices.The energy cost for each month for electricity has been illustrated in figure 2. Despite the decline in energy usage, there has been a rise in energy cost. This is because of increase in the cost of turnout of electricity.The average electric energy unit cost during the peri od has been illustrated in figure 3. The increase in costs of electricity production has been passed on to the consumer. There has been an increase of over 3 per kWh over the years.The units of energy consumed (kWh) for gas each month has been illustrated in figure 4. Seasonal influences play a significant quality in the use of gas, which is primarily used for heating. Naturally gas consumption declines during summer months and peak during the wintry winter months.The facilities consume 4198.55 MWh of electrical energy and 6005.35 MWh of gas annually. The electrical energy consumed results in average energy cost of 393.3347K annually and gas consumed results in energy costs of 172.1616K annually. Electricity and gas consumption at the facilities results in the release of 3.5KtCO2 each year.Scottish Building Standards Agency (SBSA) requires buildings to comply with legislation and principles of Green judicature policy. The Scottish Government has set a target for 80% reduction of greenhouse gas emissions by 2050.

The Process of Change in Relationships and the Balance in Power Essay

The Process of Change in Relationships and the Balance in Power - Essay ExampleThe period between 1890 to 1991 represents landmark events responsible for a change in relationship across different countries. Certainly, these changes affected the balance in power from different perspectives as discussed in the paper which follows. Pearl Harbour, the worst naval disaster in the Statesn history1, was a mention turning point in American and world history, which produced a profound shift from isolationism to internationalism2 in US foreign policy. Pearl Harbour was attacked by the Japanese navy in celestial latitude 1941. It was important because it caused the American public to make a major shift and to change their minds intimately U.S. treatment in World War II, and this shift in public opinion accounted for much in determine the course of America foreign relations. Opinion polls in 1939 showed a staggering 99% of American people opposed American involvement in a foreign war.3 In 194 0 the polls showed that 80% of them continued to oppose any involvement in military conflicts.4 After Pearl Habour this opposition changed. Senator Nye5 showed the antagonism of the nation in his speech As Senator Vandenberg7, noted in his memories That day ended isolationism for any realist. Arguably, America had been willingly entangled in world economic affairs, but had stayed clear of military interventions.. The United States were snarled in economic expansion, German reparations, naval and land disarmaments, the creation of a new treaty governing body for the Far East. Many historians argue that Roosevelt was an internationalist because of his early Good Neigbour Policy and he had doubts about intervention even before Pearl Harbor, but his policies and actions were limited by oppposing public opinion. The evidence of that is that he kept some of his actions hidden from scrutiny for example, the secret talks between British and American planners.

Time is money Essay Example for Free

Time is bills EssayIndeed, however the concepts of sentence and gold argon closely related, they are non equal. Some tribe complain about the lack of money, but do non dwell how to kill their time, while new(prenominal)s name decent amount of money, but toilettenot find a minute of free time. In the formula, time is money there is great wisdom, which, however, is formulated too generally. As well as money, time is a resource. However, this is a unique resource. Time, unlike money, you cannot borrow, save, or pile it up for future use. Therefore, the problem is not how much time we have, but how we use it.People, who do not know how to manage their time, are in constant tension. not surprisingly, the time it is never enough. Experienced businessmen say, If you cannot manage your time, you will not be able to avow anything else. The rational organization of time can put in front of us a carve up of problems, but at the same time open up tremendous prospects. People, who do not know how to manage their time, can to reflect on his past for hours and months, regretting missed opportunities. If you look objectively, it is quite pointless, because the past cannot be changed.All that we can do is to build our future. One who has wasted his time, and not studied, will not be able to pass in spite of being clever. So our success or failure depends on the right use of time. People have become famous and rich by making invigoration-threatening use of time. Research workers and scientists use their time to improve the lot of human beings. By making decorous use of their time, they become famous. So also merchants and professionals, who work hard, produce a lot of money. They know how to make estimable use of their time.Knowing how precious time is we should never waste time, but make good use of it. Home Is Where the Heart Is I personally think that office staff is a small earthly concern where one lives according to his/her hold rules. Its a pl ace where you feel comfort, warmth and reliability. And I believe that its not the size of the place where you live that matters, but the vogue you feel about it. And if your house is not full a building for you but a place that you can call sign, it means that you want to pacify there as long as possible and its a place where you al musical modes want to recidivate to.The importance of home is depicted in languages of all the nations we say East or West, home is exceed , the English say My home is my castle. Home is a place that awakens the most pleasant feelings and high emotions in soul of every person. Always after a hard day I return home and think At last I came home. For me there is no place like home. Im sure that home of a person is as much a reflection of his personality, as the clothes he wears, the feed he eats, the books he reads and the friends he spends his time with. Homes reflect the way of life and habits of their owners. regular after the outgrowth few mi nutes in our flat you can understand all hospitality and friendliness of this place and the family which lives there. Our flat is very warm and cosy, so it makes any person feel at home. Its the place where I wake up every morning to the refreshing smell of coffee from the kitchen and where every day of my life starts, thats why it is so important for me. My home, my sweet home Sometimes after a long pilgrimage I return home with such pleasure and happiness, that I feel myself like a fuck up that returns to its m some other. I love every corner and every thing in my flat.My home is my fortress, it is my territory, my place where I feel good and comfortable. And nobody can disturb me here. If you are in Rome, do like Romans When in Rome, do as the Romans do is the famous axiom of St Ambrose, the very famous bishop of Milan in the 4th century. He advises that batch should follow the traditional customs and decency of country where they choose to live. The knowledge about culture a nd customs of another country bring many benefits for immigrants. They can know the positive things they should do and the negative things they must avoid.This knowledge also makes them feel more freedom in a strange country. Nowadays, many slew have been using this axiom as a motto to achieve the success in their life, particularly immigrants and overseas students. However, some people do not agree with this axiom. This essay considers the statement and argues that it is correct. Some people from the opposition force are temporary visitors as overseas students or businessmen and they say it is not necessary for them to follow the customs and behaviour of their hosts.One of their reasons is since they are always busy with their works, they do not have enough time to learn all the customs and how to behave in the right way in other countries. Moreover, their time spends to study or work overseas is just about dickens or three years, so it is not matter whether they follow the cus toms and behaviour of the foreign countries where they live. However, both(prenominal) businessmen and overseas students cannot work or study without communication with local people. Overseas student much must contact with teacher and classmates, while businessmen often do business with local companies or local customers.Therefore, trying to get used to customs will help them to accommodate to new environment. Even if overseas students and businessmen just study and work for a short time in other countries, they still have to understand the local community. It is very helpful for their study and business. Moreover, following the custom shows the evaluate for local people, and it helps visitors receive the admiration from host. I agree to this statement but to some extent I disagree to this proverb. Every culture has their own ways of celebrating their happiness and sad moments.For example, in Indian culture, weddings are considered to be one of the biggest events in the family an d it goes on for 3 days. If an american or British attends such events in traditional Indian wear and appreciates the culture, the local people will be more than happy to assent them and involve them in every rituals. Similarly if an Indian attends an american or British wedding merrily like other american and British people, the locals will be delighted and they will accept Indian culture openly. Every culture has its positive and Negative aspects. We should accept the positive aspects , however, the negative aspect can not be ignored.Some cultures are very strict and sensitive about their religion and their way of life. For example, Muslims follow their religion strictly and their religion prohibits consumption of pork in their food. Their sentiments should be respected and they should not be offered pork in their meals. However, accepting and following other culture is a threat to our own culture as well. we tend to lose our own traditions and beliefs in an attempt to follow an d embrace other cultures. Future generation will not learn their real tradition and culture and in this process, there is a chance that we will lost our own values.

My Philosophy change is a challenge Essay Example for Free

My Philosophy switch over is a dispute EssayI. IntroductionMan necessarily philosophy in order to be able to think, minute and live accordingly. It is a basic blueprint of a mans actions from thinking, to interacting with others. The only thing that is unvarying is change.This saying is indeed true especi anyy in the Philippine Education System. For e rattling change enforced lies challengers on the part of the classroom t each(prenominal)ers who portrays varied roles. The rapid changes in the world have made platform design even more than difficult. to be globally competitiveII. Aims of my Philosophy chosenThere is a need to revise the syllabus from time to time for us to suit the needs of time. We should go on with the flow of life and we should revise it now because curriculum in the past is non anymore very centerive or suited for todays generationAs pro active separate I consider Change as a challenge and non a threat. Meeting late challenges require the oppor tunity to take risks and try new ideas. As a learning individual change is inevitable to ensure the needs of society. In a fast changing society education is nonp aril way to connect oneself to the past and to project into the future and therefore aims in Philosophy should be considered.III. lineament of Philosophy chosen to EducationEducation and philosophy are closely tied together twain are associated with computer programme line, learning, and discovering. Philosophy is more of an all-encompassing part of life, though education is a more detail form of it. Due to the contributions of philosophers over the centuries, education has developed into the powerful tool that it is today. Without philosophy, education would essentially not exist. That said importance of philosophy in education is in fact the foundation in which all academic teaching and intellectual learning is built off.IV. Role of Philosophy to the content development1. It guides everyone to formulate collabora tively for school change to meet the learners diverse needs 2. It serves as a fomite to open new ideas for positive outcomes 3 It streng thens the goals on meeting challenges for a fully functional learner.words is dynamic as well as the curriculum. We have different curriculum in the past and in the present. We are now in a globally competitive world. A world that also needs competitive teachers and students. So, how exit you become competitive if your curriculum is traditional? And is not aware of the new trends of teaching today?Students now are fond of using electronic computers. They pass on probably choose going to the computer shop than going to school. As a teacher, what will you do? Dont be a boring teacher An effective way of solving this kind of phenomena is that the teachers must use technology in teaching. commit it as your partner in delivering a lesson so that the students will not get bored. Make a teaching-learning change lively and meaningful.Teaching and lear ning give life and meaning to the curriculum because this is the process wherein the teacher and the students interact with each other interchangeably or vice versa. If there is an effective teaching-learning process, its really a big help to the curriculum. Its a big honor because each complements and supplements each other. The value placed in teaching will reap the same value in learning. Thus, a good curriculum can be judged by the kind if teaching and the quality of learning derived from it.The near important thing to keep in mind about strategic content development is that its truly an improvisational process. The reason why you want to identify as many viable options for potentially singular content is simple Youll al close to certainly need to make adjustments on the process, and its easier to do that when youve already identified alternatives. So, the final aspect of strategic content development is to constantly evaluate what happened along the way, and why. The most val uable lessons are often found in the things that didnt work, so treat it all as a learning experience that keeps your content constantly fresh and worth talking about.V. Significant effect of this curriculum development to the current trends in attaining universal truth in Educational ProcessIn 2012 Depeds K 12 Program goes full blast. Brother Armin Luistro has described the implementation of the universal primitive or pre-school education in the Philippines as the defining moment in the administration of President Aquino as it seeks to implement reforms with deep impact on the welfare of Filipino children and the youth. DepEds enhanced curriculum aims to meet the overall objective of preparing children for productive work, either as employees or entrepreneurs, while maintaining its current academic campaignIt seems that the President is rushing this program before his term ends. If this program is not implemented well, we might not achieve our real objectives. And all we have don e is to disrupt the whole system. Changing programs and implementing new ones is not cheap. Will the next President change the system again?In a survey conducted by SWS from Aug. 24 to 27 last year showed growing acceptability of the key features of the K-12 program compared to survey results in March 2012. About 72 percent of Filipino adults gestate that K-12 will give students more satisfactory cognition and preparation for work and college compared to those who cobblers lasted 10 years of basic education, garnering a net military rank of +48, up from +35 last March.The percentage of Filipinos who believe that more students will be encouraged to finish the two-year SHS because it is equivalent to two years of college hit 69 percent, or a 10- point adjoin from 59 percent in March.The results showed that 68 percent of Filipinos with a net rating of +39 believe that more students will finish SHS even with the additional cost and number of years because K-12 graduate will be bett er prepared for work, higher education, and business. The results of the survey didnt even reach 75% which means about are not amenable to the new program. Although the selling point of K to 12 is the assurance that graduates of higher-ranking High School will be able to work immediately, even before or without pursuance a college degreeUnder certain circumstances, it is possible to revise only the high school curriculum. stock-still in this case, we have to wait until those already in First Year have finished stern Year (under the present system).After drawing up a curriculum on paper (including such(prenominal) things as expected competencies, prerequisites, qualifications, learning areas, scope, coverage, and outcomes), curriculum designers have to think about the textbooks and other instructional materials that will have to be created for the new or revised subjects. Although teacher training is a separate process, curriculum designers also have to give pointers on how teac hers should be trained to handle the subjects. There also has to be some way to determine if and when the curriculum needs to be revised this is called program assessment or evaluation.Because of abrupt implementation teachers are really having a hard time coping with the changes not to allude the lack of classrooms, instructional materials and the real physical situation of the learners. If the government can financially sustain the program without adding too much burden on parents, its worth giving it a try.However, nowadays, most of the students are the happy-go-lucky types who do not regard education as their priority. Theyd rather bum more or less in malls or stay glued to computers. As a result, most graduates are half-baked, who cant even write or speak good English, unlike the students of yesteryears. Before, a Grade 6 pupils then could already teach. An additional two years to the basic education curriculum could spell two more years of burden to poor parents who could ha rdly send their children to school.Before full implementation, there usually is a year-long pilot to debug the curriculum, as well as a longer transition period deep down which some students will be following the old curriculum and some following the new.Curriculum should not only focus on the tools necessary to develop reasoned and logical construction of new knowledge in our various fields of study, but also should aggressively cultivate a culture that nurtures creativeness in all of our learners. This point seems particularly important.

Dividend Policy at Fpl Essay Example for Free

Dividend Policy at Fpl strainIn 1994, Merrill Lynch published a report that disclosed the change in their investment military rating for the FPL Group, Inc. . They had d causegraded this rating as they expected the directors would choose not to raise the annual dividend. This also happened to be the world-class time in 47 years that the FPL Group had not raised dividends. This tweaked the interest of a plastered electric utilities analyst at the First Equity Securities Corporation, Kate Stark. She now was faced with the decision whether or not to amend her own recommendation of hold on FPL Group, Inc.s stock (her recommendation of hold was ground on the assumption that FPL will keep its dividend at $2.48 per sh atomic number 18, or increase this slightly).James Broadheld, chairman of the FPL Group, unsounded the issues of an ever changing marketplace, and knew that the industry was on the verge of being deregulated, and thus implemented a dodge that focused primarily on a st rong commitment to quality as well as customer service, while focusing on the utilities industry and expanding susceptibility in order to improve its own cost position. He believed that this approach to business would result in a future of full and pass competition amongst all competitors.As a result, as of May 1994, the FPL Group was faced with a life-sustaining question to decrease their dividend payout ratio or not? Prior to Broadhelds entry to FPL, chairman marshall McDonald expanded the types of industries FPL were involved in during the 70s and 80s, leading to extensive diversification. Examples of such industries involve real estate and insurance, just to name a few. As Broadheld stepped in, FPLs diversification decreased and as a result the firm saw an improved efficiency. Exhibit 7 revealed that FPLs capacity perimeter is 8.6%, which is alarmingly low in comparison to the other provided companies. The overall average is approximately 11.39%. This lower capacity margi n shows that not much growth is to be expected of the firm, and this is of course relative to other firms.The homogeneous exhibit illustrates cost-management problems. More specifically, FPLs transmission cost of $0.0019/kWh is signifi dealtly greater than the other firms provided with an average of $0.0010. Also, considering the position that the company purchases 30% of the power used from foreign firms, FPLs respective power costs can be high as they are exposed to the risk of changing (and increasing) power prices. The case presented a wide variety of changes in the industrys regulatory standards.For example, 1992s Wholesale Wheeling allowed companies to bargain power from another with the help of a third party. In addition, the Retail Wheeling of 1994 allowed actual customers to not only buy from the monopoly, but from other utility firms (again through third parties). Also, many firms have at sea of a substantial amount in market value, including the SP Electric Utilities Index with a decline of 20%. Turning to an evaluation of the firm, many concerns have been raised over FPLs ever-increasing interest expense since 1993. abridgmentTotal earnings are the sum of dividends paid and retained earnings. Dividend-paying firms attract investors. Generally speaking, shareholders either scene for growth and/or income when purchasing shares. The former tends to pay less attention to dividend payments and more on the superior gain, whereas the latter prefers a regular income for the investment made. If Kate Stark wishes to revise her current suggestion, she needs to consider the pros and cons in doing so. Focusing first on the negative effects of cutting back on dividends, signalling is undoubtedly angiotensin converting enzyme of the biggest issues at hand. Since lower dividend payments may be perceived as a red flag in the companys finances, this information will likely cause a negative reaction in the market. Therefore, concerns in a decreasing stock pri ce are justified.As for the benefits of lowering the companys dividend policy, the company can now use a larger amount of funds that would have unremarkably been kept aside for dividend payments. This definitely makes changes to the firms financing sources. The money can thus be used for value-increasing projects. From the point of view of an investor, it may not be such a bad idea, considering that dividends are taxed more than capital gains. This results in a potentially large amount of savings for the investors. Also, one of the of import benefits of reducing the dividend policy is to lower the risk of market volatility and deregulation.

History of Japanese Painting Odano Naotake Essay Example for Free

History of Japanese Painting Odano Naotake EssayOdano Naotake (1759 1780) was a cougar from the Akita Ranga art school. This art school was a by-product of the rangaku, the Dutch learning. Rangaku was an important movement in eighteenth-century Japan. It is the study of Holland and the Dutch during the time that the Dutch trade post on Desjima the only connection was with the international world and the west. Through this contact, Japan stayed informed about Western developments, such as health criminal maintenance and other technologies.This made Japan capable of fast modernization after the opening of the country in 1854. The Rangaku painters painted traditional Japanese themes with the use of Western techniques. The difference from the traditional paintings was the use of shadows, perspective and reflections. The painters in addition started using the color blue for the sky and sea. Naotake was also influenced by this new intellectual movement by Hiraga Gennai, a natura l scientist and student of the Rangaky.He inspired Naotake to study these new Western painting methods as well. He moved to Edo (Tokyo) to continue his studies there. Through contacts with other painters, Naotake mastered the painting of bird and height, which is a traditional Jananese style painting with the use of Western perspective and depth. These methods brought these paintings to a higher level, to a greater extent than just decorations. Naotake also illustrated Japans first anatomy book, the Kaitai shinsho.This book was a Japanese interpreting of the Dutch book Ontleedkundige Tafelen, which was imported from Holland. Together with Gennai and Lord Satake Shozan (1748-85), Naotake started the Akita Ranga school of Art. When Gennai was arrested for killing a student and died concisely afterwards, Naotake was send away from his post in Edo. These developments made the school fall apart. ? Works Cited Johnson, H. Western figure out of Japanese Art The Akita Ranga Art School. Amsterdam Hotei Publishing, 2005.

Gender Stereotypes Essay Example for Free

Gender Stereotypes EssayGender stereotypes argon type of generalized or oversimplified perceptions, impressions, images, or opinions roughly men and women (Santrock, 2007, p. 177) It is also the presumption that a authorized behavior or trait belongs to certain grammatical gender and cannot be applied to the other. In short, gender stereotyping can also involve assigning a certain label to a particular gender. One of the most common gender stereotypes are the ones associated with feminine and manful behaviors. For example, it is common for most people to perceive that young-begetting(prenominal)s should always be aggressive and tough. In addition, generally, in activated situations, men are expected to hold their own and not breakdown or cry. It is also a general perception that young males should always strive to be athletic and active in sports and revivify toys such as guns, cars, and weapons. On the other hand, there are also several female stereotypes. For example, fem ales are generally perceived to be emotional and are the first ones affected during a dramatic situation. In other words, females are expected to be more sensitive than males. Moreover, females are also generally perceived to be always demure and reserved.Furthermore, sexism is the attitude or idea that one gender is less worthy or weaker than the other or that one gender is better and superior than the other (Santrock, 2007, p. 178). It generally has cardinal forms old-fashioned and modern sexism. Old fashioned sexism is the belief that there should be differential treatment betwixt women and men because women are significantly inferior to men while modern sexism is the rejection of the belief that there is unruffled antagonism and discrimination towards women and their rights (Santrock, 2007, p.178). One example of old fashioned sexism is when a male employee has a task of having a female supervisor or boss. On the other hand, an example of modern sexism is when a male lawyer denies that there is discrimination against women even after his law firm rejected a potential lawyer partner simply because she is a woman.References Santrock, J. W. (2007). Adolescence 12th edition. McGr

Future Indian Sports Manager Essay Example for Free

Future Indian Sports Manager EssayIndia is in the forefront in very fair activities despite having such a huge rough pool of talent which if groomed correctly can catapult the demesne in the inter case argonna as one of the top romp nations. Sports has been my first and foremost passion from as far as I can remember. An active participant of every single sporting activity in school and my local clubs my entire life revolved around sports from my childhood. he adrenaline rush that comes with playingsportsis both(prenominal)thing that I hypocrisy put into words overdue to financial pressure I could not initially take up sports as a c beer resource but after 6 years of nominateing in the corporate world I crap now realised that my life still revolves around sports and allow the opportunity I would want to live my life in the sports world. Observing the growing importance of managing sports teams and activities professionally, and beholding the exit of specialised co urses, I would like to work towards changing and growing sports from the bewray roots take in my country, India.The prevalence of politics, red tapism and lack of promotion of talented athletes has more or less use up and killed the demand of such athletes in our country. Having been a part of the entire arranging myself and despite having being selected in the training camp for the state basketball game team and having being told by my coach that I had marvellous potential but there was no motivation to pursue this as a career option as it offered absolutely no stability.Every year I see extremely talented athletes divergence their passions behind and moving onto make their career in separate palm. Throughout the country a entire variety of sports are play. India is home to several traditional sports which originated in the country and continue to remain more or less popular. These include kabbadi, kho kho, wrestling and archery. The British rule brought many popular sports in India including football, rugby union, cricket, golf, tennis, squash, hockey, boxing, nooker and billiards. The country which has produced the likes of Sachin Tendulkar, Saina Nehwal, Sania Mirza, P. T. Usha among thousands of other great athletes has not even scratched the sur side. The talent is there for all to see but to a nonadaptive and corrupted system it fails to promote the same to excel in the transnational arena. To put in military position these problems are not only faced in India but in many more countries. close to of the major issues which are considered to be the biggest problems facing a country can be discussed under the hobby points Management The problems in watchfulness are the single most destructive force which chequers that the facilities being provided for promoting raw talents never reach. In most developing countries especially in India the key posts in management are coveted posts and are held by politicians or their close associated.The result of this is that the leaders of the sports management in these countries are mostly people who are a) without any learn whatsoever in sports, b) are required to work only till such time that their elected political party is in power so they build no plans which can be executed over a five year plan, c) are mostly politicians who are more interested in gaining political mileage out of the entire pile and most authorisedly d) Are mostly the biggest perpetrators when it comes to corruption ensuring funds actually meant for the athletes are diverted to their declare pockets by using different channels.For instance the Commonwealth Games 2010 which was hosted by Delhi, India came under a lot of scrutiny for the corrupt means used by the organizerswho pocketed funds that had been generated for the athletes. It was a disgrace for the entire nation that an effect of such magnitude was no more than a mere money making scheme for a few individuals. In fact, the Head of the Commonwe alth bet ons in India Suresh Kalmadi has also been arrested for the same.The prevalence of such a system ensure there is no long term plan for developing the system from a grass root level and ensuring the plan is constantly evolving and growing in a positive direction quite a than being changed at the whims and fancies of a politician. Involvement of trained sports managers can change the entire ball game and ensure a much more planned and structural growth for athletes from the grass root level. near other problems derive their origin from that of management but are long standing problems with ramifications of their own.Some of the more significant problems which give way sacrosanct ramifications of their own are Grass RootsThe biggest drawback for a lot of sporting activities is a lack of a planned and sustainable plan to develop athletes at the grassroots level. on that point is an urgent read to involve professional sports managers who understand the need for the same and are put in charge of the systems which govern the same. Promoting and training promising athletes will lead to emergence of new stars that would be in possession of previously gone undiscovered.Developmental With sports emerging as a frontrunner in drawing spectators across the world the need today in every country is to promote a variety of sports by professional methods, by packaging and presenting the USP of each sport to draw in a larger fan metrical unit. Although hockey is the national sport of the country, despite the country having such a vast raw pool of talent in different sporting genres, mainly cricket holds the limelight across the world. The IPL (Indian Premiere League) overshadows most of the other sporting events due to its glamour quotient as well as the huge sum of money involved.The lack of help given to other sports in India besides cricket is very disheartening for young sportsmen . Packaged and managed to ensure maximum response will ensure many more v arieties of sports draw in the same amount of attention and revive athletes interests in following the same as a career option. Disciplinary Due to a weak management system coaches and managers use banned substances to train their wards. Young athletes not administrate correctly are most vulnerable to the same.Discipline during growth is an extremely important aspect of a super athlete and spirts the backbone during his growing microscope stages and becomes even more important once the athlete achieves milestones. economic science of scale has become a focal point of discussion in sports today. Inequality in monetary resource due to sponsorships and also government preferences has proved detrimental to non cash rich sports in all countries. step training and excellent facilities in some sports has led them to create a huge imbalance in most countries.Not only restricted to a single country but due to the emergence of imbalance among different leagues across various countries has led to a decline in the fan base where finances are not adequate and may eventually lead to a demise of the sport in that particular In conclusion it may be said that a strong management system ensures strong development of policies which enable a positive and sustainable growth system. Sports are an important segment of our country and also it is a prestige issue.In todays world cricket assumes primary importance in the minds of the audience and the government has also by no means played a small part in ensuring the same. As a result other sports have suffered enormously in the country My experience of sports in the state and national arena was restricted to Basketball wherein I had played for the university team and was selected for the state selection camp. Observing the rampant politics and prevalence of corruption I was highly demotivated. Moving on to a high paying job seemed to be the only motivation for me to leave sports and I followed that for 6 years, but my passion for sports never died.I have been strongly associated with basketball as a coach for my higher secondary school, as a player for my club and have also promoted basketball in my company wherein I have formed a team of my peers and have participated and won a number of tournaments. My main motivation for applying for the sports management course is a) to develop a strong understanding of managing sports organisations and athletes b) Understand and work with professional international organisations c) To learn modern technology and its applications in sports today ) To apply all my acquired knowledge in sports today in India e) Develop by working about with the athletes a system of generating a higher number of quality athletes in a variety of fields Initially I would wish to work with national Womens sporting teams wherein there would be a requirement for me while at the same time help my state Womans basketball association with whom I have been closely associated for the last 15 yea rs develop a program to develop young athletes and initially work towards promoting the sport in the national stage and eventually the international stage.My eventual goal would be to bring womens sports as close to par to mens sports to guarantee young athletes a promising career in sports and ensure no raw talent gets dissuaded from following sports as a career as I did along with my entire team members. In terms of finance I would have sufficient amount to support myself in terms of try-on and other backing costs but would require financial support from the college by means of a scholarship or assistantship for the education fees.As in India the salaries are not very high in terms of international standards what I have saved would cover as said before the living costs but for the program fees I would need some sort of help in the form of a scholarship. I have spent all my life involved in sports in some way or the other and despite having a natural talent and passion for the sa me have not been able to follow it as a career option in my life.Today the face of sports especially in India is changing and I am right now in a stage in my career where with all the experience gained in the corporate world coupled with my passion for sports I can contribute in this field. For this I need to be further exposed to the knowledge and experience which your institute offers. I dream to make a change in the industry in my country and this is the main motive behind me applying for the degree which has already enabled many individuals to achieve their goals.

Energy Crisis Essay Example for Free

Energy Crisis EssayEvery country in the world subprograms force. For example to cook. It is graceful one of the basic needs in life. But where does the expertness come from? In the year 2008, 85% of the tycoon that we atomic number 18 development was nonrenewable energy, which means that any(prenominal)day, these energies will be gone. However, right now, there be quite a little who drive home started development renewable energy such as solar energy. There be more than 7 billion people in the world right now and it will keep open rising while the energy resources ar depleting. Even though there ar many a(prenominal) energies that are renewable, the renewable energies are harder to make use of, which is one of the reasons why not many people use them. Also, they strike some advanced technology. If we dont find something else to replace oil, coal and natural gas, we wont have the energy to use in the future.One of the forms of the renewable energy is solar energ y. solar energy uses energy from cheerfulness to create energy for our home. Sunlight is a clean, renewable resource. There are many ways to get energy from sunlight, such as the photovoltaic (PV) panels, converting sunlight into electricity and solar electricity, using the suns hot up to conjure up electricity. solar cells, or the photovoltaic panels, convert sunlight directly into electricity. We asshole often find solar cells in calculators and watches. Since solar cells are made up of conductive materials, materials whose conductivity will increase with temperature, sunlight will lose their electrons, eachowing the electrons to flow through semiconducting materials to produce electricity when sunlight is absorbed. Solar electricity is separated into three kinds parabolic-trough, dish/engine, and power tower.Parabolic-trough concentrates the sunlight through mirrors. The mirror will be tilted towards the sun, heating the oil that is flowing in the tube inside the panel. Heated oil will then be used to boil water to produce electricity. The dish/engine is a dish-shaped mirror that will collect heat from sunlight and lurch it to the fluid within the engine. The heat would cause the fluid to expand and produce mechanical power. A power tower system uses a large field of mirrors to concentrate sunlight onto the top of a tower. This heat will melt salt that flows through the receiver and the salts heat will be used to vex electricity through a conventional steam generator. With different kinds of solar panel, the price varies in the hold from $5,000 to $30,000, depending on the effectiveness and the amount of energy you use. Even though the solar panels are expensive, many people still use them since they think that solar energy is energy-efficient and green.One of the advantages solar energy has is being renewable. As long as there are living things on this planet, there will always be solar energy since we get solar energy from sunlight. Even thoug h sunlight is not premise at night, the solar energy could still be stored by charging the batteries during the day and be used at night. We could then get more sunlight on the next day. Moreover, solar energy creates absolutely no pollution or noise, unlike other machines. It doesnt damage the environment by emitting greenhouse gases or polluting water, dividing line or land. By using this source of energy, the air will be cleaner and it helps hinderance the global warming. Other than this, in the long term, the solar energy is much cheaper than the energy resources we are using now. Even though it is expensive, initially the maintenance necessitatement is very small and the service life is close to 30 years.The main disadvantage of solar energy is that it is extremely expensive. This is mostly why nowadays, not many people use solar energy. The price is unaffordable. Furthermore, since our world is polluted, the rain or the clouds could block sunlight from acquiring to the pa nels, making it ineffective. With a cloudy climate, the panels will be able to produce sunlight at a slower rate and may require more panels to generate enough electricity for your house, which will require more money. Even though using solar energy in houses might not require huge amount of area, big buildings do. To use the solar panels to their maximum ability, they need to be in the sun. With larger buildings, you will need many more panels and to get them to work to their maximum ability, you will need a huge amount of area for the panels to be in the sunlight.Even though solar energy has some disadvantages, the advantages still overweight the disadvantages since energies are running out and this solar energy is everywhere. If we can get all of the energy that was sent to this planet, we could light the entire planet for one year within an hour. But the riddle with this is we cant. If we can find a way to harvest this energy, we can have as much electricity as we want until t he end of the human generation. Right now, there are many renewable energies that scientists have found but they are not yet the best way to solve the energy crisis. Therefore, scientists are still searching for new forms of energy. Dark energy is another form of energy that is very expedient to mankind. In the universe, it is composed of up to 74% dark energy. What is dark energy? Dark energy is the unexplained force that causes the acceleration of the expansion of the universe.Even though there is no evidence that the dark energy does exist, people agree that it does since they believe that the universe had a beginning, and is expanding. Other than dark energy, the underwater pressure can be another useful energy resource. Beneath the water surface, there is a potential perpetual source of unused hydroelectric power in the form of deep water pressure. According to writhe Dickson, he had invented a way to harvest this deep water pressure by transferring its pressure to air and t hen to a piston. The name of this process is called Ocean Pressure Electric Conversion. Therefore, as we know, the dark energy and the hydroelectric power are very powerful if we could get dark energy by using a similar way to the way we get solar energy and harvest the water pressure, Im positive(p) that we would never run out of energy again.Works Cited World Energy Crisis . World Energy Crisis . N.p., n.d. Web. 11 Nov. 2012. http//planetforlife.com/. Disadvantages Of Solar Energy. Natural Renewable Energy Sources Clean Energy Ideas. N.p., n.d. Web. 11 Nov. 2012. http//www.clean-energy-ideas.com/articles/disadvantages_of_solar_energy.html. Disadvantages of Solar Power Solar Energy Disadvantages Disadvantages of Solar Energy. Go Green with Solar Energy. N.p., n.d. Web.

Sneakers War Essay Example for Free

Sneakers War EssayMarketing Management SNEAKER WARS two hundred7 Nike neer lacks for boldness. The Beaverton sneaker goliath young personfully offered the German National Soccer Federation $778 jillion to sponsor its bailiwick soccer team for 10 social classs in an audacious flow to rattle its German oppose adidas and long-time sponsor of the German team. Nikes forward-looking-sprung(prenominal) chief executive, Mark Parker, upped the boldness quotient again on Feb. 6, when he outlined an ambitious plan to grow revenues by $8 jillion in hoops team years.In his commencement major initiative since inheriting the top spot ( knob Executive) in January, 2006, Parker explained to localizeors at Nikes annual analyst phoner how the caller-up aims to grow to $23 one million million in global revenue by 2011. The comprehensive long strategy calls for reshaping the management structure redefining Nikes relationship with its fast-changing, digitally impelled consumer a nd adding 100 naked as a jaybirdborn company stores intercontinental in three years. Were primordially changing the way we organize the company, Parker said. Nike is as hungry and as driven as weve ever been before and becoming more focused and more competitive. composition analysts and investors applauded very much of Nikes new strategy, some questioned whether the company could actually do it. After all, revenues would need to rise 53% over 5 years, or average some 9% a year, to reach the come in of $23 billion. Its vent to be challenging to achieve $8 billion in new gross revenue without turning around slumping sales events in Europe, Japan, and the U. S. basketball grocery a crucial $3 billion to $3. billion market share. I think its going to be tough for them, said John Shanley, financial analyst for Susquehanna Financial. Basketball, for example, is shrinking in terms of sales. They pee 96% of the market share in the $100 or more damage point. How do you get high single-digit ontogeny when you already pose more than 96% of the market? Nike executives wing short in offering specific details to some of these questions and focused more on photograph a broader picture of the new strategy.They stressed a multi-pronged approach that includes reorganizing the Nike check into six main gymnastic theatrical roles running, basketball, soccer, womens fitness, mens training, and sport culture that are expected to generate 75% of the notices growth. The company had previously divided the mug into three segments footgear, garb, and equipment. Growth is also expected to come from emerging markets and potential acquisitions. But Nike Brand professorship Charlie Denson said the company can reach the $23 billion target without new acquisitions. As for new markets, china is expected to become Nikes second biggest market prat the U.S. , potentially chalking up $1 billion in sales. Nike is building a strategy for growth across chinaware that im subtract foster new connections with Chinese youth, a market share plan designed to reap benefits far beyond the capital of Red China Olympics adjacent year, top executives said last week. By tapping into swelling consumerism, label consciousness and new hearty freedoms among Chinas youth, Nike hopes to cement and expand its current position as the leading athletic footwear and apparel note in the worlds most populous country, currently the companys quaternth-largest market.With more or less $600 million in current annual sales, Nike believes China has the potential to be the companys second-largest market behind the United States with revenue of $1 billion within five years. The company estimates some 50 million Chinese youth play basketball. We think our opportunity there is to connect more deeply with local culture, Parker said, explaining Nikes general China strategy. Parker said Nike pass on create products and sell and digital experiences designed to resonate wi th wired, hip and bequeathing-to-sp suppress Chinese youth living in different cities and regions. Ultimately, thats going to be our best foundation for growth going forward, Parker said. China is a prime component in the global Nike puzzle that entrust help push total sales for the Beaverton, Oregon-based company toward a target of $23 billion by 2011. Nike also views India, whose population growth rate is rising faster than Chinas and Russia as potential $1 billion markets. Although the budget for Nikes 2008 Beijing Olympics strategy has not barely been planned, Nike Brand President Charlie Denson said that commitment would be major. But, Denson said, We are looking beyond Beijing. A recent Just Do It campaign that aired on Chinese television featured a adolescent woman basketball player and a young male skateboarder who spoke of their lives and dreams through sports. A pop Internet-based advertising campaign that followed the television advertisements encouraged teenagers to send in their own stories. While soccer and basketball are the most popular sports among Chinese youth, Nike also sees a huge market for its sports culture footwear and apparel lines that capture the allure of sports without the performance aspects.Trevor Edwards, Nikes vice president of global brand and category management, explained that Nike is move to encourage Chinese youth to find their individual voice. The Just Do It campaign and some others, Edwards said, communicated that we were a brand closely opportunity we were a brand about hope. Nike sponsors 22 out of 28 Chinese sports federations. While the best-known Chinese athlete in the United States, basketball centre Yao Ming, is signed with Reebok, a division of Adidas AG , popular Chinese hurdler and Olympic gold medallist Liu Xiang is a Nike athlete.Even though much of Nikes trade campaign in China is based on youth identity operator, Nike wants to make sure their footwear fits the millions. To that end, Nikes e ngineers and physiologists back at their headquarters conform out been collecting data about Chinese feet. But the company will not say whether specific footwear lines will be launched for China. Nikes India business has grown 40% since last year thanks in part to its efforts in cricket. Nike executives also said they plan to invest aggressively in other potential billion-dollar markets such as Russia and Brazil.Back in the USA, Nikes efforts to add new retail stores and elevate its partnership with existing retailers is a big part of its new strategy. This effort comes at a time of sluggish sales from some of its biggest retailers mall-based chains Foot Locker (FL) and Finish derivation (FINL). Nike executives said the company plans to grow its direct-to-retail business to 15% of total sales, or $3. 5 billion, from 12% today. The segment includes its own stores, factory outlets, and an e-commerce division, which executives expect to see a significant increase in revenues over the next five years.For the planned retail investment, Nike will increase capital spending to $475 million annually, up from adept under $400 million, Nike said. Gary DeStefano, president of Nikes global operations, stressed its retail goal is to make Nike a break in retail partner This is not about Nike vs. the retailers, he said. This is a partnership. We believe this could be a growth strategy. But probably Nikes boldest bet is on the consumer. In the eyes of Parker, this new and evolving digitally driven consumer is reshaping the sell landscape. The power is now in the onsumers hands, and Parker believes Nike and other consumer brand companies need to adjust to the new market dynamics. Consumers have never held as much power as they do today, Parker said. And clearly the power has shifted to consumers. Nikes Denson said this fundamental shift can be captured in the way the company studies its consumer profiles. In the past, managers used to consider 18- and 22-year-olds as part of the aforesaid(prenominal) demographic target. no. he says they are treated as separate and different markets when it comes to age, inte relievos, and tastes. We spent the last 30 years trying to bundle things, and now its almost the reverse and we have to un-bundle things, Denson said, explaining Nikes new efforts to tailor products to individual consumers. Despite these fundamental changes in how Nike approaches its customers and its reshaped management structure, some things never change. Nike the Great Compromiser its audacious self and competitive juices still run strong. It still has goals to dominate markets where it is not already No. 1, and its redoubling efforts to unseat rival Adidas as the worlds top supplier of soccer shoes and apparel.Its recent tenderise to sponsor the German national team is part of its 2010 goal to dominant the football brand, said Nike marketing vice-president Trevor Edwards. We believe its time to create separation. This is not a game of chicken. Some things never change. Adidas expects growth overseas, curiously in Asia, to push sales at its Reebok division to US$5 billion ($7. 42 billion) over the next three to five years, up from US$3 billion, adidas chief Herbert Hainer said yesterday.The worlds second-largest sporting goods overlord by and by Nike also said it expected to cut costs including at Reebok, which it acquired last year by about 87 million euros ($1. 6 billion) this year. That will more than offset integration costs, resulting in an overall cost savings of about 10 to 20 million euros, Hainer said. For the Reebok brand, the main growth driver will be Asia and to a certain extent Europe as well. Key markets like Germany and France are underdeveloped, as is Russia. Emerging markets have a huge potential and we will grow in the US, but by far not at the pace of Asia. Much of that growth will come toward the latter part of that fulfilment with the brand expecting only modest revenue growth, sa id Paul Harrington, president and CEO of the Reebok brand. Adidas, the German based sporting goods giant, bought Reebok in a US$3. 8 billion deal, looking to complement its force play in Europe with a major US brand that had greater strength in the counterfeit segment. But the Reebok brand has been a drag on Adidass performance thus far. In November 2006, the German company lowered its 2007 profit growth forecast to 15 per cent from 20 per cent, citing trouble at Reebok.Adidas shares have slid almost 14 per cent since the Reebok takeover closed on January 31, 2006. Rival Nikes shares have risen about 24 per cent over that time. Reeboks sales have been lagging in the United States and the United Kingdom, though adidas plans a big elaborateness for the brand in Asia, including about 3200 stores in China, India and Russia by 2010. It is to open 200 stores in China and 90 in Russia this year. The brand is also eyeing an expansion in Japan, South Korea, Turkey, Poland and other parts of Eastern Europe.In Brazil, Argentina, Switzerland and Spain, where the brand is still sold by third-party distributors, the company is working to barter for out those contracts, but some may have to run their course through to 2012. At present, about 40 per cent of the Reebok brands sales come from North America and 40 per cent from Europe. Part of what makes the expansion outside the United States so appealing is that profit margins tend to be high in the rest of the world, Hainer said. You have much higher quantity on the US market, but much more value, higher profit margins on the European or Asian market. Adidas plans to reposition its Reebok brand to target sport apparel consumers who value individuality, with a goal of broadening beyond an urban youth target audience and re- show Reeboks grow as an athletics performance brand. The strategy comes as Germany-based adidas ramps up its investment in Reebok a year after acquiring the brand and then seeing Reebok sales fall into a slump. The revised brand strategy builds off the edgy I am what I am campaign Reebok adopted four years ago by embracing hip-hop culture and youth-oriented entertainment alongside its traditional athletics performance market.The new strategy will maintain the I am what I am subject field in many of Reeboks advertisements. But it also will position Reebok as an American-inspired global brand that celebrates individuality in sport and life, according to Adidas. Reebok President and Chief Executive Paul Harrington said the brand will gently shift emphasis toward suburban consumers of all ages without abandoning the urban youth targeted by I am what I am. Reebok also will try to reconnect with consumers who value athletic performance over fashion.While I am what I am wont go by the wayside, It may not be as loud as it was when we first launched it, Harrington said in an interview at Reeboks Canton headquarters, where he was conjugated by Adidas CEO and Chairman Herbert Hainer. The street-influenced I am what I am campaign helped Reebok connect with youth by featuring endorsers such as rappers 50 Cent and Jay-Z. But some industry analysts said the campaign risked alienating customers who prize performance over fashion and marked too sharp a red ink for a brand that gained traction pitching aerobics shoes to women in the 1980s. Were not going to move totally away from music, but were going to reach for a broader audience, Harrington said. Adidas hopes Reebok will double its U. S. business and designate Beaverton, Oregon-based Nike Inc. s market leadership. But adidas said in November last year (2006) that sales of Reebok-branded shoes and other apparel fell 7 per centum in the first nine months of last year, compared with the same period in 2005. Adidas also conceded that Reeboks profit growth this year would fall short of initial expectations, and it said it mean to increase Reebok investment this year.Among other things, Reebok has been hurt by a rec ent decline in the once-hot market for retro-styled sneakers that mimic styles from the 80s a trend that Reebok helped drive, said John Horan, publisher of Sport Goods Intelligence, a Glen Mills, Pennsylvania-based industry newsletter. Since Adidas end the Reebok deal in January 2006, analysts have speculated as to how the one-time athletics sneaker and apparel rivals would position the two each managed brands to avoid competing against one another in the same market boxs.The strategy announced Thursday will be launched with two Reebok campaigns this year. The first is a Run Easy campaign beginning this spring emphasizing the fun and joy of running, rather than its blood, sweat and tears aspect and winning. Reebok plans to launch a broader campaign in August targeting a variety of athletes as well as lifestyle apparel consumers around the idea Best On/Best Off suggesting that Reebok products offer the best in apparel both on and off the playing field.New products Reebok plans to introduce this year include a running shoe created curiously for women, a new Allen Iverson model basketball shoe, and an apparel collection endorsed by actress Scarlett Johansson. Andrew Rohm, a former Reebok marketing employee and now an assistant professor of marketing at North-eastern University, said the revised strategy reflects an attempt by Reebok to create a new niche to complement the Adidas brand, whose traditional strength has been in athletic performance, specially soccer. I think it may be a reflection of looking less at unadulterated sales volume, and more in terms of owning a unique space, and becoming more of a niche player than they have tried to be in the past, Rohm said. Reeboks Harrington said the revised marketing strategy will help position the brand for a comeback. It really positions us for growth in the back end of 2007, he said. Puma, the maker of athletic shoes, shirts and other sporting goods, said its fourth-quarter profit fell 26 pct as it tries to broaden its product base and expand into new regions.But the company, the worlds third-biggest maker of sports apparel behind Nike Inc. and adidas AG, said it expected sales and earnings in 2007 to increase in the higher single-digit figure range, largely on demand for its licensed products. Overall, we are very pleased with 2006 and our start to (the latest restructuring phase), as we set some ambitious targets and are on track or ahead on all accounts, Chief Executive Jochen Zeitz said in a statement. But more important than the past is the future and weve found ourselves in a solid early position to deliver on our objectives. Puma earned euro32. 8 million (US$43 million) in the last three months of 2006, down from euro44. 1 million in the same quarter of 2005. Analysts polled by Dow Jones Newswires had expected a profit of euro34 million (US$44. 6 million). Sales rose 38 portion to euro480 million (US$629. 7 million) from euro349. 2 million a year ago, still less than the e uro492 million (US$645. 4 million) analysts had predicted. For the year, Puma earned euro263. 2 million (US$345. 3 million), down nearly 8 percentage from euro285. 8 million in 2005, just below analysts estimates of euro264 million (US$346. million). Sales rose 33 percent to euro2. 37 billion (US$3. 11 billion) from euro1. 78 billion in 2005, just under estimates of euro2. 38 billion (US$3. 12 billion). The sales increase was led, in part, by better-than-expected demand for its shirts and helped by the afterglow of the 2006 soccer World Cup, in which Puma sponsored the champion Italy. It is also a key supplier to many African teams. Since Zeitz was named CEO and chairperson of the company in 1993, Puma has returned to profitability and increased sales and expanded its research and development, marketing and mark programs.Its latest restructuring effort is aimed at expanding the companys reputation as a maker of lifestyle brands clothes, shoes and accessories, such as eyeglasses and expand in more regions and categories. For the year, Puma posted strong sales in North and South America, with sales reaching euro724. 1 million (US$949. 95 million), up 51. 8 percent from 2005. In Asia and the Pacific, sales more than tripled to euro486. 5 million (US$638. 24 million). In Europe, the Middle East and Africa sale increased 5. 1 percent to euro1. 15 billion (US$1. 51 billion).The companys backlog of orders a key index number for future sales performance was at euro1. 12 billion (US$1. 47 billion) at the end of 2006, up 4. 7 percent from euro1. 07 billion in 2005. Shares of Herzogenaurach-based Puma were up nearly 2 percent after the results were released but fell back more than half a percent to euro288. 01 (US$377. 84) in Frankfurt trading. References affair Week Online Can Nike Do It? By Stanley Holmes 7 February 2007 Reuters News Nike striving to be brand about hope in China By Alexandria Sage 12 February 2007 New Zealand HeraldReebok to race in Europe and Asia 3 February 2007 Associated pack together Newswires Adidas shifting Reeboks brand identity By MARK JEWELL 2 February 2007 Associated Press Newswires Athletic apparel maker Puma says 4th-quarter profit drops 26 percent By MATT MOORE 19 February 2007 Questions 1. Conduct a SWOT analysis of the key players in the sneaker industry and critically go bad their influence within the industry and the market. (25 marks) 2. Evaluate all significant trends in the environment and assess what impaction each is likely to have on the sneaker industry. (25 marks) (Total = 50 marks)