Hppiness and Mental Well-being of Society Essay

Hppiness and Mental Well-being of Society - Essay Example A society is crippled if happiness does not prevail in it. Similarly happiness is directly linked to the mental well being of an individual and together both of these components found an important part of the society. A society which does not have happiness may be known as partial or without an important component. In order to maintain a society one has to ensure that happiness is prevailing amongst individuals. This article would further describe happiness in relation to a society. It would tell how a society can be judged by the happiness or unhappiness which is prevailing in the society (Nettle 2005). Happiness is being governed by different components of life and all these together amalgamate to form a perfect circle of happiness. The feeling of happiness which one individual has depends on his own personal nature and varies according to his needs. Some people get happy when they are having immense power while some get happy when they are living in a society which supports equality. The factors of happiness can vary according to the experience one individual has to go through or it can be hereditary too (Layard). With the increasing time the factors of happiness have changed through out the world. Even if a person is wealthy it is not necessary that he would be happy and would have a good life. If he is wealthy he may have to go through other problems which would destroy the happiness in his society. In the previous years it is seen the living standard in the western countries has increased and so has the level of wealth. Gradually the level of wealth and living standards has be en compared to the level of happiness and research has clearly shown that the level of wealth and living standards does not count to a greater amount of happiness in the world. The amount of wealth does not illustrate an image of the society, however the amount of happiness does. It shows how well a person is leading his life and how the government is working towards the betterment of the society (Gilbertson 1987). In this regard a study conducted by Easterlin gave surprising results. According to his study though wealth did have an impact on a person's happiness but after a certain increase in a person's income it no longer left an impact and hence he suggested through his study that though increasing income did have an effect on happiness but only up to a certain extent. Different researches done by different psychologists and economists tell us about the impact of the factors of happiness affecting society. Different surveys conducted by the organization of World Value Surveys sh ow how different factors affect the societies and the happiness levels in them. The method of the research adopted by the organization is to measure the effects of happiness in accordance to their effect. Every factor is compared to the factor of income and the results are derived respectively. Following is a table which shows how the factors affect happiness in the societies respectively Fall in happiness(index) Income Family income down 33% relative to average 1 Work Unemployed (rather than employed) Job insecure (rather than secure) Unemployment rate up 10 percentage points Inflation rate up 10 percentage points 3 1.5 1.5 0.5 Family Divorced (rather than married) Separated (rather than ma

Computer Games Essay Example for Free

Computer Games Essay 1)Computer games do more harm than good to children. † Nowadays, more and more children play computer games because there is a computer at almost every home. Moreover, the number of Internet cafes is increased and playing games becomes easier. Personally, I believe that computer games are not beneficial for children but they have an negative impact on them. To start with, the majority of computer games have violent scenes. They imitate wars and the child takes the role of a soldier who has to kill a lot of people in order to win the battle and consequently the game. That is why many children have violent behavior at school. When they are young, they cannot distinguish the game from reality and sometimes they attack against their classmates. This violent behavior comes definetely from this kind of games. Another reason that I think is worth mentioning is that a lot of children prefer to play computer games rather than to meet they friends. This situation leads to unsociable, unfriendly and shy personalities. When they enter another stage of their life, for instance when they become teenagers or even adults, they find it difficult to communicate with other people. Moreover, being alone leads to depression. This is an important problem that many teenagers experience. Computer games have a strong power over children making them play many hours per day. Thats why they do not have time to do their homework and their grades at school become weaker over time. For example, my cousin who is 15 years old used to play computer games approximately 4-5 hours per day. When his parents got his grades they realized that his performance was not satisfied. My cousins teacher told they parents that he could not concentrate during the lectures and he rarely did his homework. His parents discussed with their son and they agreed that he would play less and do his homework regularly. In final consideration, a child can become addicted to computer games playing many hours per day non stop. This is very serious because it may lead to situations where the child may become unsociable and experience depression. Moreover, children adopt an violent behavior toward their classmates or family members. Finally, they are unable to concentate on their homework and concequently they performance at school becomes poorer over time.

Cry, the Beloved Country, by Alan Paton :: Cry, The Beloved Country Essays

Cry the Beloved Country Seeing on Another Level From the day of birth and throughout adulthood, we as humans go through many changes. Kohlberg identifies these changes as stages of moral development that all humans go through. Each person's moral reasoning develops through Kohlberg's mapped out stages. In the novel Cry, the Beloved Country, Alan Paton discuses the life of several defined characters who undergo significant moral changes, all of which are for the better. A man named James Jarvis is a wealthy land owner and a crucial character in Paton's novel. The turning point in the novel comes about by the death of Jarvis's son. Although Jarvis lost his son, this tragedy opens his eyes to a deeper awareness, and Jarvis attains a higher level of moral reasoning. According to Kohlberg's stages he progresses from stage four of (law and order orientation) to the sixth stage of (ethical principles). Before the death of his son, James Jarvis had been a person who found contentment in tending his estate and maintaining a distinct separation from the world around him. He was basically a good man who never bothered to face the controversial issues of the time. At this point in the novel, Jarvis was at Kohlberg's stage four of law and order orientation. When someone is at the fourth stage of moral development they often have a lot of rules. They generally feel orientated towards authority and maintenance of the social order. They often feel we need to maintain the given social order for its own sake. James Jarvis, as introduced in "Book II,"would ponder many questions to himself, a lot about the social order and how it has been maintained. A good example from Paton's novel was a segment of Jarvis thinking of a controversial issue. "Some said there was too little land anyway . . . and that the natives could not support themselves on it, even with the most progressive methods of agri culture. . . Jarvis thought about all the possible outcomes to this debated statement while he finished climbing to the top of a mountain, where he sits on a stone to admire the view." From this we can see that Jarvis has separated himself from the world and only observes from an outside perspective. Even though he does think about many controversial issues, he never bothers to state his opinion and try to make a difference. Cry, the Beloved Country, by Alan Paton :: Cry, The Beloved Country Essays Cry the Beloved Country Seeing on Another Level From the day of birth and throughout adulthood, we as humans go through many changes. Kohlberg identifies these changes as stages of moral development that all humans go through. Each person's moral reasoning develops through Kohlberg's mapped out stages. In the novel Cry, the Beloved Country, Alan Paton discuses the life of several defined characters who undergo significant moral changes, all of which are for the better. A man named James Jarvis is a wealthy land owner and a crucial character in Paton's novel. The turning point in the novel comes about by the death of Jarvis's son. Although Jarvis lost his son, this tragedy opens his eyes to a deeper awareness, and Jarvis attains a higher level of moral reasoning. According to Kohlberg's stages he progresses from stage four of (law and order orientation) to the sixth stage of (ethical principles). Before the death of his son, James Jarvis had been a person who found contentment in tending his estate and maintaining a distinct separation from the world around him. He was basically a good man who never bothered to face the controversial issues of the time. At this point in the novel, Jarvis was at Kohlberg's stage four of law and order orientation. When someone is at the fourth stage of moral development they often have a lot of rules. They generally feel orientated towards authority and maintenance of the social order. They often feel we need to maintain the given social order for its own sake. James Jarvis, as introduced in "Book II,"would ponder many questions to himself, a lot about the social order and how it has been maintained. A good example from Paton's novel was a segment of Jarvis thinking of a controversial issue. "Some said there was too little land anyway . . . and that the natives could not support themselves on it, even with the most progressive methods of agri culture. . . Jarvis thought about all the possible outcomes to this debated statement while he finished climbing to the top of a mountain, where he sits on a stone to admire the view." From this we can see that Jarvis has separated himself from the world and only observes from an outside perspective. Even though he does think about many controversial issues, he never bothers to state his opinion and try to make a difference.

Wealth and Power in the United States

Wealth and Power in the United States Hugo Lindgren Chief Editor New York Time Magazine [email  protected] com This letter is to inform the public of how social class division is related to the concentration of wealth in the United States and support the need to redistribute wealth in America. Today our communities are divided by social class poor citizens live in poor areas of the community while citizens who make more money live in better areas of the community. Social class determines a great deal about citizens circumstances.Circumstances like education, health care, shelter, food and clothing. Generally the wealthiest or privileged citizens only associate themselves with other citizens who are in the same social class. The same concept comes into play with the middle, working and poor class. Today the top 1 percent is increasing in wealth while the middle and working class are decreasing. This inequality of wealth in America is becoming more and more of a problem for the middl e and working class. Wealth is the positive value of what a citizen owns. For example if a citizen owns a house the bank ay own half of the house until the loan is paid off but whatever the value is of the other half is how much wealth the citizen has from the house. Redistribution of wealth is raising taxes on citizens that have already made it to provide relief for the ones who haven’t. The Class theories best describes the distribution of wealth because it breaks down how the wealth is broken up amongst citizens of the United States. The rich have done much better than the middle or working class. The Top 1 percent had 22. 9 percent of national income in 2006 a number that hasn’t been matched since 1929 said CBS News Jeff Green inAmerica’s Class Warfare. While a citizen from the top 1 percent has already achieved success, wealth and power. The middle and working class has not and with a constant increase in cash flow for the wealthy and a constant decrease in cash flow for the less fortunate come a concern for those in public office. President Obama proposes lowering taxes for the less fortunate and a small increase for the citizens who have achieved success with wealth and power. However, other Officials have opposed President Obama’s approach to redistributing wealth.Mitt Romney stated â€Å"I think it’s about envy, I think it’s about class warfare When you have a president encouraging the idea of dividing America based on 99 percent vs. 1 percent those people who have been most successful will be in the 1 percent you’ve opened up a whole new wave of approach to this country which is entirely inconsistent with concept of one nation under god†. President Obama insists that by helping others will spread the wealth by having the rich pay a little more taxes so the middle class receive a tax credit because the middle class needs it most (Obama, 08).President Obama stated â€Å"I believe in redistributio n at least at a certain level to make sure that everybody’s got a shot† Everyone has the chance to maintain a roof over their heads and send their kids to college. Everybody that works hard can make it. Social class segregation is visible in all 52 states of America. Upper, middle and working classes have their own geographical residential areas within communities. Ethnic segregation begins within the social class groups because the majority of working and poor classes of Americans are minorities. The high class and elites are mostly white Americans.Therefore, geographically America is in fact more divided by this social class system. In 2006 10 percent of whites have been recorded as being below the poverty line while 24 percent of blacks remain below the poverty line (Harrison & Dye, 2010). In 2010 the top 1 percent had a 35. 4 percentage over the bottom 80 percent with 11. 1 percent of total net worth (Domhoff, 2005). However, it is this system that provides Amer ica with the unique opportunity that people from all over the world are drawn to. The fact that in America if you work hard and play by the rules you can reap he rewards by becoming successful and climbing up the social class ladder. Power in America is achieving higher education, owning property, financial freedom, maintaining a good credit. Power is measured by materialistic items such as expensive cars, jewelry, clothing, electronics, Vacations. It was William Thompson who said â€Å"Our position in the social hierarchy affects our health, happiness, and even how long we will live† (Thompson, 2005) Reference Harrison, B, C &Dye, T. R. (2011) Power and society: An introduction to the social sciences (12th Edition) Boston, Ma G.William Domhoff, September, 2005 retrieved October 15 2012 from http://www2. ucsc. Edu /who rules america/power/wealth. html Jeff Green (2006) America’s Class Warfare retrieved October 15 2012 form http:// www. youtube. Com /watch? v=bGS2G7 9IxTc&feature=fvst Mitt Romney Quote retrieved October 15, 2012 from http://www. youtube. com/watch? v=5wtLKcAU4wQ Barrack Obama Retrieved October 15, 2012 from http://www. youtube. com/watch? v=BRPbCSSXyp0 Obama Loyola University, C-SPAN October 19, 1998. http://www. youtube. com/watch? v=z0PUUpa5X4E William Thompson, Joseph Hickey, Society in Focus, 2005

Jim Poss Case Study Analysis

The main growth strategy that Jim counted on really was based over the potential upcoming increase in demands for clean and cost cutting energy solutions. The newspaper reminded him that as energy prices will soar. Logistics for cost saving could be the origin of birth of a new and ever growing sector, and and that if he got on it early on (as he did), This could prove to be a lucrative idea. BigBelly wasn't only a device for saving Money. t could've been marketed for the green-image portrayed by its presence in public spaces and how this could help improve the eco-friendly image of the companies that uses them. in the early 2000's large corporation were already massively funding various Corporate social Responsibility[CSR] projects, mainly for their public image and thus profit, this would've been an ideal marketing niche as Devices such as Jim's serves those exact needs, Yes I would have taken the order.Jim's decision to accept the order from the Ski resort was a smart one, risky b ut smart, this was a truly exceptional and perhaps irreplaceable opportunity,lets put it that way: the fact that a business(in trouble) was willing to invest in a device (electric or not) without even being able to test it beforehand is an accomplishment on its own, but the fact that its developer wasn't even sure how to actually build it, was an even greater one, sure Jim had constructed and sold a prototype before, but as long as Vail is concerned the devices they're Purchasing (3 at first) didn't even exist yet.Finally I believe that if it wasn't for the deadline and by being under time constrain, Jim and his team would have taken much longer to figure out the ins-&-outs of the manufacturing process of BigBelly, and thus perhaps lose future opportunities

How to Wake Up Feeling Motivated

How to Wake Up Feeling Motivated Weve all been there. The alarm goes off in the morning and we groggily feel around the nightstand in search of the alarms snooze button to snag a few more minutes of those precious Zzs. However, repeatedly hitting that snooze button isnt always the best way to start the day. In fact, research has shown that some of the most successful people in the world have found a secret that has helped them achieve greatness. What is it? A great morning routine. Thats right, what you do in the morning can set the tone for the rest of your day. Check out these tips for building an effective morning routine - one that you may actually stick with! 1. Prepare the Night Before Believe it or not, when it comes to tips on how to wake up, the best morning routine will actually depend on what you do the night before. Before you crawl under the covers and get cozy, take the time to review your day and plan out your morning. Write down any details of ongoing projects or problems that may be troubling you that could affect your ability to get a good nights sleep. Writing down your worries can help you relax, knowing that you can tackle them another time. You can also take the time to write down a list of things you know you have to do the next day, which can drive your productivity both in the morning and throughout the rest of the day, too. Figure out what you need to take with you to school or work, or wherever youre going the next day, and pack up your bag or prepare your lunch so you can grab and go. Lay out your clothes so you know what to put on to leave the house. All these steps will ease your mind at night and make your morning smooth and simple. 2.  Get a Good Nights Sleep How to wake up feeling refreshed and developing an effective morning routine is reliant on you being well rested and ready to go. Research has shown that for many adults, getting 7-8 hours of sleep is ideal, though everyone differs. Find out what your sweet spot is and aim to log that many hours of shut eye each and every night. Make sure your room is quiet; use a noise canceling machine, white noise app on your phone, or even just a fan to block out the noises around your home. Make sure there arent any bright lights that could affect your ability to sleep, either. Our bodies are biologically programmed to sleep when its dark out; if your room isnt dark enough, you might consider getting room darkening drapes or wearing an eye mask so your body can rest better. 3. Dont Hit the Snooze Button Many of us hit that snooze button until the last possible second and then race through getting ready as fast as possible. However, waking up when the alarm goes off the first time can actually be a great way to get your body up and running. There are alarms that fly or roll away when they go off, requiring you to get up out of bed to turn them off. Once youre up, stay up! Your body wont really benefit from capturing a few more minutes of rest. 4. How to Wake up Early Set your alarm for earlier in the morning than you might normally set it. This way, you give yourself time to get ready for the day, and you can fit in the activity that you plan on doing. Not giving yourself enough time to accomplish your morning goals, make and eat breakfast, and complete your entire routine is a recipe for disaster. Not to mention that rushing to get out the door is only going to give you a stressful start to your day. So, be sure to get up early enough to fit in everything you want to do, with time to spare. You might even be able to sneak in an extra cup of coffee (after youve had some water to hydrate)! 5. Set an Agenda with an Activity for the Morning Have a plan for what you want to do in the morning, and stick to it. Whether your goal is to get up and read an article or book for educational or inspirational purposes, check your email to see what youre facing for the day, do some chores, exercise, or even play a game, having an objective to complete is a great way to get your body and mind motivated. Tackle that crossword in the newspaper, cook up a healthy and gourmet breakfast, or engage in a creative or physical activity to rev your internal engines and get ready for the day. Get out and run a mile, bike to get your morning smoothie, or take your dog for an extra long walk. No matter what physical activity you choose, this can be a great way to get your blood flowing and heart pumping, energizing you for the day. Plus, exercise is a healthy part of your daily routine in general, improving your quality of life in many ways, from strength and agility to mental clarity. 6. Hydrate When You Wake Youve just gone approximately eight hours without eating or drinking, so your body could use a pick me up. Dont rush for that cup of coffee just yet, though. Many experts suggest that you might try drinking some water to jump start your metabolism first. Starting with water in the morning will even help you make progress in getting your daily servings of H20, so you stay hydrated all day long. 7. Take Time to Meditate and Reflect Many people find that taking 10-15 minutes in the morning to meditate and reflect helps them start the day peacefully. Relaxing, letting the worries of the day go, and focusing on the positives in your life can help you feel uplifted and inspired to take on even the most challenging day. 8. Call a Loved One Starting your morning by connecting with a beloved family member or best friend can be a great way to energize yourself and set a positive tone for the day. It can help you connect with friends and family who live far away (check your time zones, though!) and remind you of what youre thankful for in life.

Professional Ethics Essay Example

Professional Ethics Essay Example Professional Ethics Essay Professional Ethics Essay It is a well-known fact that audit raises number of questions involving the question of ethics as it plays an important role in each organization. . Ethics evaluates actual merits, social concerns and risks associated with auditing and enterprise. Simply saying ethics can be considered acceptable behavior and can refer to morality. Actually ethics represents individual conscience, individual judgments and principles called ethical values. It is a matter of fact that ethics issues nowadays are moral standards which are enforced in society by social pressure, law and police. It seems that ethics, especially professional ethics, is misunderstood by society and people pay less attention to its role. Nevertheless if a person looks deeper, it is apparent that ethics plays a crucial role in society, because it is the basis of understanding and the source of wisdom. The paper â€Å"Developing a Code of Ethics† addresses the core ethical principles within each organization. It is suggested that professional ethics define methods to be used by auditors with decision-making process. The paper provides recommendations how to build credible and ethical culture, defines the code of ethics and its main constituents, examines the standards of professional behavior and, finally, discusses ethics in financial reporting and recordkeeping. The authors argue that because of recent scandals professional ethics should be paid more attention. Also revised sentencing guidelines provide new opportunities for all companies to develop and maintain effective ethics program. Actually, the question how to develop a code of ethics is matter of interest of managers, attorney, auditors and boards. It goes without saying that there is no single definition of code of ethics. Nevertheless, the authors define the code of ethics as â€Å"a statement of the values adopted by the company, its employees and its directors. It sets the official ‘tone at the top’ regarding expected behavior†. However, it is outlined that code of ethics shouldn’t be confused with a detailed statement of how auditors and other employees should handle dilemmas. Therefore, it is necessary to develop a handbook which will address the issues of gender discrimination at the workplace and employee discipline. Actually, the issues raised in the paper relate to the course topic â€Å"Professional Ethics†. The article touches not only theoretical aspects how to build ethical culture, the paper discusses the role of professional ethics and provides relevant recommendations how to improve personnel behavior and to increase the role of ethics within organization. The paper is a detailed guidance how to develop code of ethics paying special attention to confidentiality of information, employee empowerment and environmental stewardship. The paper is a coherent, well-organized and coercive study of a subject. Actually, all aspects of code of ethics are highlighted by the authors. Their recommendations and conclusions assist organizations in building ethical culture, because professional ethics is a core of success. It is necessary to agree with author that code of ethics shouldn’t be exhaustive; instead, it should guide both directors and employees in required direction. Apparently, the code of ethics can’t cover all possible conflict situations, managers and auditors are expected to use good judgments and to ask questions of interest. The next positive moment is that paper underlines the importance of integrity, accountability, fairness, safety and corporate citizenship. It is suggested that when working with clients, professional auditor seeks fair and open procedures and communication. The authors discuss also the upholding the values of the corporation stating that employees are expected to â€Å"deal honestly and fairly with consumers, suppliers and others having dealings with the cooperative†. However, the paper pays less attention to conflicts of interest. Conflict of interest may prevent and affect any fulfilling of duties and responsibilities in research, administration, management and instruction processes. Apparently, conflicts of interest negatively affect the working process. Emerging of a conflict is a potentially dangerous event as it provides distortion of goals, processes and outcomes.

The Donation of Constantine

The Donation of Constantine The Donation of Constantine  (Donatio Constantini, or sometimes just Donatio) is one of the best-known forgeries in European history. It is a medieval document which pretends to have been written in the early fourth century, giving large areas of land and related political power, as well as religious authority, to Pope Sylvester I (in power from 314 – 335 CE) and his successors. It had a little immediate impact after being written but grew to be heavily influential as time went on.​​ Origins of the Donation We’re not certain who faked the Donation, but it seems to have been written circa 750-800 CE in Latin. It might be connected to the coronation of Pippin the Short in 754 CE, or the grand imperial coronation of Charlemagne in 800 CE, but could easily have been to aid Papal attempts to challenge Byzantium’s spiritual and secular interests in Italy. One of the more popular views has the Donation being created in the mid-eighth century at the behest of Pope Stephen II, in order to aid his negotiations with Pepin. The idea was that the Pope approved the transfer of the great central European crown from the Merovingian dynasty to the Carolingians, and in return, Pepin would not just give the Papacy the rights to Italian lands, but would actually ‘restore’ what had been given long before by Constantine. It appears that the rumor of a Donation or something similar had been traveling around the relevant parts of Europe since the sixth century and that whoever create d it was producing something people expected to exist. Contents of the Donation The Donation begins with a narrative: Sylvester I was supposed to have cured Roman Emperor Constantine of leprosy before the latter gave his support to Rome and the Pope as the heart of the church. It then moves into the granting of rights, a ‘donation’ to the church: the Pope is made the supreme religious ruler of many great capitals- including the newly expanded Constantinople- and given control of all the lands given to the church throughout Constantine’s empire. The Pope is also given the Imperial Palace in Rome and the western empire, and the ability to appoint all kings and emperors ruling there. What this meant, if it had been true, was that the Papacy had the legal right to rule a large area of Italy in a secular fashion, which it did during the medieval period. History of the Donation Despite containing such a massive benefit to the papacy, the document appears to have been forgotten in the ninth and tenth centuries, when struggles between Rome and Constantinople raged over who was superior, and when the Donation would have been useful. It wasn’t until Leo IX in the mid-eleventh century that the Donation was quoted as evidence, and from then on it became a common weapon in the struggle between the church and secular rulers to carve up power. Its legitimacy was rarely questioned, although there were dissenting voices. The Renaissance Destroys the Donation In 1440 a Renaissance Humanist called Valla published a work which broke the Donation down and examined it: the ‘Discourse on the Forgery of the Alleged Donation of Constantine. Valla applied the textual criticism and interest in history and classics which grew so prominent in the Renaissance to show, among many criticisms and in an attacking style we might not consider academic these days, that the Donation was not written in the fourth century. Once Valla had published his proof, the Donation was increasingly seen as a forgery, and the church couldn’t rely on it. Valla’s attack on the Donation helped promote humanist study and in a small way helped lead to the Reformation.

Questions Essay Example | Topics and Well Written Essays - 250 words - 25

Questions - Essay Example Nevertheless, it has lately been used in the making of E-Liquid for the electronic cigarettes, or the personal vaporizers.   Propylene glycol provides an exceptional combination of properties, such as not being readily reactive with some other substances. For a period of more than five decades, we find that it has been used in an extensive range of industrial and consumer applications, whereby it might be used as an agent of emulsification, humectant for the retaining of moisture or even solvent (LBERTY & SILBEY, 2009). Sodium acetate is the acetic acid’s sodium salt. There are several applications that sodium acetate are used. This is because it is a cost-effective chemical that can be used extensively. Some of its uses are application as picking agent and food addictive or even a laboratory reagent (PRESCOTT, 2006). In addition, it is a major ingredient in the portable, reusable heating packs that are

Strategic Management Assignment Example | Topics and Well Written Essays - 2500 words - 5

Strategic Management - Assignment Example In this case, the SWOT analysis is advantageous to help me develop a strong Hikma business strategy by making sure that I have considered all business strength and weakness besides opportunities and threats it faces in the marketplace. SWOT analysis will help Hikma Pharmaceutical to assess a changing environment and respond proactively by using the noted strengths to maximize the opportunities (strength-opportunities strategies), and using the strengths to minimize the threats (strength-threats strategies) and using the opportunities identified to design strategies that will minimize weaknesses (weakness-opportunity strategies) as well as avoid threats (weakness-threats strategies). The Company has a powerful combination of quality products and extensive sales and marketing capabilities that gives the firm a competitive advantage in the Middle East and North Africa (MENA). In addition, the Company possesses a successful research and development team and has attractive licensing partners. The Company identifies and develops new generic pharmaceutical products. The Company has a number of opportunities that can make it strategically develop. The company partners with multinational pharmaceutical companies seeking access to the fast growing MENA markets (Hitt, Hoskisson & Ireland, 2013). In addition, the company has a strong product pipeline that is focused on FDA approved and high-quality products in critical therapeutic areas such as diabetes, cardiovascular disorders as well as oncology (Darwazah 2010, p. 34). The firm’s facilities in Jordan and Saudi Arabia have been successfully inspected by the FDA that provides the capability to produce products for the United Sates Markets as well as in the MENA region at lower costs. The company faces such threats of stringent drug developments guideline. In addition, there is a fierce competition for

New mythologies for Modern Americans through Movie Theaters Term Paper

New mythologies for Modern Americans through Movie Theaters - Term Paper Example It is also not exact by facts that can be a total lie, partial truth or just an image and not true in its form. It drives the power of beliefs of individual and even groups of people. It is believed but not accurate like the history. Words play the part as approximation tool for the truthfulness behind the myth (Dowden, 1992, p. 2). Myth or mythology is the history or legend of certain phenomena that are not explainable by science and is attributed to the divine intervention. It comes from the Greek words mythos, logos and fable which all pertain to discourse or description. Being familiar with Mythology, people in the modern times would have the ability to learn from the lessons of the past and understand the hidden messages within (Irving, 1822, p. 5). Mythology is a traditional way of addressing and explaining occurrences based upon the tales of gods and goddesses and heroic adventures. Mythologem is the Greek term for the unchangeable famous tales. Mythology is different from myt hologem as it is solid but dynamic and continuously changes without losing its identity (Jung and Kerenyi, 1941, p. 3). Mythology has been linked with literature as it was once presented in verse. Prose was later on adapted to suit the oral culture. Logos is a noun that means speak as its counterpart verb is legein (Dowden, 1992, p. 3). Mythology can be linked to idolatry because of images projected as part of worship. Idolatry comes from two Greek words: eidolon and latreia which both pertain to worship of image or beliefs in beings with superior powers (Hort, 1825, p. 1). Movie theater is popular as proven by history but it experienced its glory and downfall. Films being shown must have a certain degree of mystery that can captivate the attention of people and turn them into audience. In making progress in movies, mistakes are inevitable for it will bring brighter future for the movie theater industry. When the movie created is just for earning purpose, it could not captivate the audience well and target audience would not appreciate. While the point of a great film is now one-of-a-kind achievement, the commercial cinema has settled for a policy-filled, derivative film-making, a combination and repetition of past techniques to assume success like in the past. Cinema was once of the great art produced in the 20th century but the cinephilia or the love and attraction being inflicted to the audience diminish at present. Each art gives progress and development to its fanatics, but the love that cinema inspired was special. It started from the premise that cinema was a unique art: modern, accessible, poetic and mysterious and erotic and moral at the same time. Cinema had followers like religion. Cinema can even be compared to a crusade. For cinephiles, the movies are their life. Cinema was considered as both the book of art and the book of life. About the year 1895, two divisions of films were created: cinema as the reflection of real unstaged life and cinema as invention or creation of the human mind. But this is not a true opposition. The whole point is that, for those first audiences, the very transcription of the most banal reality -- the Lumiere brothers filming "The Arrival of a Train at La Ciotat Station" -- was a fantastic experience. Cinema began in wonder, the wonder that reality can be transcribed with such immediacy. All of cinema is an attempt to perpetuate and to reinvent that sense of wonder (Sontag, 1996). Cinema is like a modern church stand and it is

Patrick Lee and Robert P. George The Wrong of Abortion critically Essay

Patrick Lee and Robert P. George The Wrong of Abortion critically analyzing their argument. Clearly spell out how and why the premises lead to the conclusion - Essay Example That is true to a certain extent. When it comes to the fact that an unborn child is growing inside the mother, that does not mean she has the right to abort the pregnancy. It may be a fact that involuntary childbirth has caused deaths (Lee and George 2005). However, some people do not look at the fetus as a person. People forget, when it comes to abortion, that the unborn child and the mother are two separate entities. Thus, in all actuality, the child is only hitching a ride with mother for only a few months until it is ready to make its way into this world (Kidd 1999). The mother may have rights to be happy. But even our own government, which is full of hypocrites, wrote into our Declaration of Independence that all men are created equal and are endowed rights by their Creator with certain unalienable Rights, that among these are Life, Liberty, and the Pursuit of Happiness (Kidd 1999). This proves that even the fetus that is being carried by the mother has the right to live since it was created by God. Furthermore, if a woman pregnant with child is killed by someone, that person is going to be charged with two murders, not one. The law even takes in account the unborn child and prosecutes for the untimely death of the child inside the mother’s womb as well as the mother herself (ChristiaNet). Some people would lead us to believe that the fetus is not a person until it has the ability to be sentient and think for itself. The problem I see in that statement refers to young newborn children. If you say yes that a fetus is not a person since it cannot think for itself, then you must think that a newborn is not a person either. Newborns do not have the ability to think for themselves either. However, we still consider them people. Biologically, how can a fetus not be considered a person? At six weeks of gestation the fetus begins to develop a heartbeat. Thus, to me this essentially shows us that the fetus is a person. Also, it has been proven that a

Trangenic Animals Essay Example | Topics and Well Written Essays - 1500 words

Trangenic Animals - Essay Example By transferring foreign DNA into animal cells, new genes can be inserted or functioning genes can be switched off. In some cases, new genes can be transmitted to the next generation. The precondition for the elimination or insertion of genes is that is possible to transfer into the cell recombinant DNA that integrates itself firmly into the DNA of the mammal. (EIBE, 1998) 2.2 Techniques for Transgenesis The most direct way of integrating a new gene into a cell is to inject a piece of DNA into the nucleus in the hope that it will become integrated into the genome> This technique is called microinjection. Microinjection is the most frequently used method of inserting a foreign gene into the genome of the mouse in order to develop a model for investigations into hereditary diseases. With each microinjection, 50-500 copies of the modified DNA fragments are inserted into the pre-nucleus. Until recently, pronuclear microinjection of deoxyribonucleic acid (DNA) was the standard method for producing transgenic animals. This technique is now being replaced by more efficient protocols based on somatic nuclear transfer that also permit targeted genetic modifications. Lentiviral vectors and small interfering ribonucleic acid technology are also becoming important tools for transgenesis.(Prosperi, 2000) 3. Transgenic Mice and Cancer 3.1 Underlying Principle What triggers cell to abandon their normal behavior and to divide out of control to produce a tumor Why do cancer cells move to other parts of the body to produce tumor there as well Is the change from a normal cell a consequence of genetic change, external factors, disturbance of the immune system or is cancer only a result of growing old The following questions may be answered by testing known... This report stresses that transgenesis is a radically new technology for altering the characteristics of the animals by directly changing the genetic material. Since DNA contains a universal genetic code for living organisms, it can in principle, be transferred between completely unrelated organisms to produce organisms with useful characteristics that would not be available. Many different genes have now been characterized. This knowledge opens up the possibility of looking for methods of changing genes in ways that are useful. By transferring foreign DNA into animal cells, new genes can be inserted or functioning genes can be switched off. In some cases, new genes can be transmitted to the next generation. The precondition for the elimination or insertion of genes is that is possible to transfer into the cell recombinant DNA that integrates itself firmly into the DNA of the mammal. This essay makes a conclusion that the use of transgenic mice in cancer research is very prevalent. Its use enables us humans to understand cancer better and come up with solutions. The problem, however, is that many scientists are contesting the appropriateness of relating results from transgenic mice to humans. Many animals are far more genotypically closer to humans. There have been developments lately that humans can be used for clinical tests without wasting lives. Although this remains to be seen, the use of transgenic mouse model can serve as a good source of insights for us humans to understand the malignance that is happening to our body.

Patrick Lee and Robert P. George The Wrong of Abortion critically Essay

Patrick Lee and Robert P. George The Wrong of Abortion critically analyzing their argument. Clearly spell out how and why the premises lead to the conclusion - Essay Example That is true to a certain extent. When it comes to the fact that an unborn child is growing inside the mother, that does not mean she has the right to abort the pregnancy. It may be a fact that involuntary childbirth has caused deaths (Lee and George 2005). However, some people do not look at the fetus as a person. People forget, when it comes to abortion, that the unborn child and the mother are two separate entities. Thus, in all actuality, the child is only hitching a ride with mother for only a few months until it is ready to make its way into this world (Kidd 1999). The mother may have rights to be happy. But even our own government, which is full of hypocrites, wrote into our Declaration of Independence that all men are created equal and are endowed rights by their Creator with certain unalienable Rights, that among these are Life, Liberty, and the Pursuit of Happiness (Kidd 1999). This proves that even the fetus that is being carried by the mother has the right to live since it was created by God. Furthermore, if a woman pregnant with child is killed by someone, that person is going to be charged with two murders, not one. The law even takes in account the unborn child and prosecutes for the untimely death of the child inside the mother’s womb as well as the mother herself (ChristiaNet). Some people would lead us to believe that the fetus is not a person until it has the ability to be sentient and think for itself. The problem I see in that statement refers to young newborn children. If you say yes that a fetus is not a person since it cannot think for itself, then you must think that a newborn is not a person either. Newborns do not have the ability to think for themselves either. However, we still consider them people. Biologically, how can a fetus not be considered a person? At six weeks of gestation the fetus begins to develop a heartbeat. Thus, to me this essentially shows us that the fetus is a person. Also, it has been proven that a

Microeconomics Assignment Example | Topics and Well Written Essays - 2000 words

Microeconomics - Assignment Example 1b) Marginal rate of substitution of food for water is the quantity of water a consumer is willing to give up to have one additional quantity of food, keeping the level of utility unchanged. MRSw,f = MUw/MUf where MUw is marginal utility of water and MUf is marginal utility of food. The value of MUw when W=1 is 4 and value of MUf is 1 as derived from the utility function. Therefore MRSw,f = 4 which is a constant. Therefore the consumer is willing to give up 4 quantity of water to have one additional quantity of food. 1d) At the given budget constraint, the consumer optimum is that the consumer ends up buying 4 units of water and 1 unit of food. The slope of indifference curve > the slope of budget constraint. We get the corner solution. The graph is given below: The consumer optimum is given by MRS= Pw/Pf. The MRS is 4 and the ratio of prices is 1. Therefore the marginal rate of substitution is not same as that ratio of prices. This is because the goods water and food in question are perfect substitutes. Here the consumer buys in extremes. He either buys 4units of water or 1 unit of food. With the given income of 4, he buys 4unit of water and 0 unit of food. To get the Marshallian demands for x2 and y2 where x2 is the quantity of X good purchased by consumer 1 and y2 is the quantity of Y good purchased by consumer2, we set up a Lagrangian function: Z= u(x,y) – l(Px.X+Py.Y-M2) where l is the lambda i.e lagrangian multiplier. 2c) Suppose there are two consumers in the market. For consumer 1 the demand curve is P= a-b Q1 and for consumer 2 the demand curve is P= c-dQ2 where a,b,c,d are constant. To get the market demand curve we have to solve the individual demand curve first. For Consumer 1 the demand is Q1= (a-P)/b and for consumer 2 the demand is Q2= (c-P)/d. The market demand is Q= Q1+Q2. Therefore Q= (a-P)/b +

Dead Poets Society essay Essay Example for Free

Dead Poets Society essay Essay What ideas about discovery are conveyed by Peter Weir’s ‘Dead Poets Society’ and one other text? The process of discovery has the ability to greatly impact an individual resulting in them having new ideas and perceptions on themselves and others. These ideas differ for all individuals as each has their own experiences and develops from them in unique and personal ways. This is clearly evident in the film ‘Dead Poets Society’ by Peter Weir as it is a text which significantly focuses on the concept of contrast. Throughout this concept viewers are allowed an in-depth demonstration of the protagonists Neil Perry and Todd Anderson’s negative and positive experiences which have been caused by their strive to achieve individualism after a new English teacher John Keating introduces his pupils to poetry and free thinking attitude. ‘Firework’ a song co-written and performed by Katy Perry is also a text which conveys that discovery is a process that can lead to enlightenment and enable one to be more acceptant of who they once they disregard the socially constructed expectations that mass media communicates. Throughout Perter Weir’s ‘Dead Poets Society’ viewers are able to understand that discovery itself is a process of transformation that can lead to new ideas which in turn have positive effects on an individual. This can be seen in the scene where Professor Keating educates his students the act of conformity. When Keating states its definition as â€Å"the difficulty of maintaining your own beliefs in the face of others† the audience are able to identify the contrast between the professor Keating and principal Nolan’s attitudes and values towards educations throughout the mise-en-scene displaying Nolan in a small, dark and mysterious room caged by the large steel poles representing the strict and prestigious nature of the institution. This allows the audience to realise that the students are able to better develop their skills when allowed to be free from the forces of conformity the institution brings. When the students are told to find their â€Å" own walk† it clear that they do so to achieve becoming their own unique individual. Furthermore, during the ending of the film a full shot is utilised to capture the majority of students standing on their tables portraying the extent to which professor Keating has made an impact on his pupils. Earlier in the film Keating too stood on his table to â€Å"remind himself to look at things in a different way† hence it can be said that his student are following in his footsteps allowing the professor to depart from  the academy without any regret. Even though discovery may lead to new understandings and perceptions these may not result in positive ways but will also have the ability to result in negative outcomes for both individual and those closes by .As a result of Keating’s newly introduced philosophies, protagonist Neil Perry further endeavours to fulfil his passion and desire to become an actor however does so by forging his father’s signature on a consent form that would allow him to perform his act. When Neil’s father objects to him p ursuing his dreams, he is told that he will â€Å"go to Harvard and become a doctor†. Through the use of the low camera angle looking up towards his father, strong facial expression displaying authority and superiority are apparent. As a result viewers are able to comprehend that Neil is in no position to change or even slightly alter his father’s decision. However, when Neil’s mother advises that he â€Å"get some sleep† a close up of the individuals face presents a mysterious and worrisome smile resulting in the creation of suspense and confusion in the audience. The mise-en-scene displaying a weak and still hand behind a table centimetres away from a gun, viewers are able to reach the tragic conclusion of Neil Perry’s death in a confronting and unexpected way. ‘Firework’ a song co-written and performed by Katy Perry is a text which significantly exemplifies the experience of discovering something that has been concealed by of society and in particular the expectations that are constantly forced upon individuals through mass media that must be disregarded to proceed to the new finding. The music video features a number of characters overcoming numerous social issues such as body image, homosexuality, bullying, the effect of conflict between parents on their children and the acceptance of having a medical illness. Throughout the chorus the term â€Å"firework† is used to symbolise the spark inside all individuals that must first be â€Å"ignited† or in other words believed in to enable them to achieve their goals and accomplish their dreams. Additionally, fireworks are used as visual metaphors to represent the time when one becomes enlightened and acceptant of who they truly are regardless of what society expects of them. In conclusion, both texts ‘Dead Poets Society’ by Peter Weir and ‘Firework’ by Katy Perry complement each other in the sense that they both successfully provide the audience with diverse concepts and ideas of discovery. Whether they may be negative or positive,  each educates viewers in having varying ideas about the consequences that may be caused by ones decision after they access new, original understandings and perceptions of themselves.

Analysis of Dubais Economy

Analysis of Dubais Economy Dubais Financial Crisis: Dubai is usually characterized by sky piercing towers, rotating buildings, spectacular architectural designs, flow of petro-dollars which refers to the income coming from exporting oil and its products to other countries, broad and clean road networks, etc. It represents a face of modernization and advancement and has earned a place amongst one of the most technically advanced countries in the world. This rapid development of the country was a result of the focus of the government on tourism thus promoting the real estate sector with the help of revenues coming from export of oil and natural gas. With the largest real estate company of Dubai Emaar properties becoming bankrupt in the United States and vaDubai proposal to delay the repayment of all its debts for a period of 6 months on November 26, 2009 the financial crisis in Dubai was exposed in front of the world which had bad effects on countries around the world. The debts were as large as $59 billion causing a stop to the investm ent cycle of Dubai for 6 months. The Dubais real estate industry was based on huge loans which they expected to pay through the revenues they earn from them but with recession hitting the industry badly their plans failed. Thus the Dubais financial crisis to a large extent can be said to be a consequence of real estate bubble burst in Dubai. Dubais Economy: Before getting to the financial crisis it is important to know the structure of the Dubais economy which is one of the most unique and unusual in the world. It is divided into free zones setup by the government of Dubai. The zones are industry specific with Jebel Ali free zone being the fastest growing in the world. The Jebel Ali free zone offers a set of products and services such as: ready to use offices, Business centers, factories, Warehouses, infrastructure ready plots etc. Jebel Ali free zone commonly referred to as Jafza is a part of Dubai based; a state owned Economic Zones World. It is one of the worlds biggest developers of Economic Zones, Logistics and Research and development driven Industrial Parks. The main free zones of Dubai are Jebel Ali free zone, Dubai Internet City, Dubai Media City, and Dubai Maritime City which are based on the industries they are related with. People have false misconception about Dubais economy they believe that its mainly driven by oil and gas although the oil sector comprises of less than 6% economy of Dubai that was primarily dependent on oil as a main source of revenue in the past. Dubai being a part of the United Arab Emirates is expected to be great producer of oil, petroleum and natural gas although it is a good producer but compared to other countries of the United Arab Emirates it produces relatively lesser quantities of oil. Dubai produces 240,000 barrels of oil per day and its revenues from natural gas constitute only 2% of the total revenue that United Arab Emirates gets from natural gas. Although it is true that Dubais economy was initially build on the revenues generated by its reserves of oil and natural gas but with time its oil reserves have reduced significantly as a result of a large increase in the demand for oil and oil products around the world and over the years and Dubai exporting a great amount of oil to other countries it is expected that Dubais reserves of oil will get exhausted in the next 20 years and so it has concentrated on the tourism industry to generate good revenues at that time. (Dubai hit hard) Another large contributing sector of Dubais economy is the real estate which forms 22.6% of the economy of Dubai. The great success of this industry is owed to the focus on tourism. Over the years the government of Dubai has concentrated largely on tourism they have invested large capitals in order to promote their tourism in the process they have built sky scrapers, clean and well knit network of roads. The government has focused on providing world class facilities in Dubai in the process creating architectural designs and buildings which attracts tourists from all around the world. As the real estate industry is closely related to the tourism industry it has developed as a major industry in Dubai and contributes greatly to its economy. According to a survey in 2007 the largest contributing sectors for the Dubais economy other than oil were real estate and construction, trade and financial services which contribute 22.6%, 16% and 11% respectively to the Dubais economy. From the facts mentioned above it can be ascertained that there has been a shift in Dubais economy from being solely dependent on oil to development of other sectors by using the large amounts of money coming from the oil to development of other sectors like tourism but it has been stuck badly due to fall in prices of buildings and as most of them were based on loans vaDubai formally announced that the biggest of its real estate companies would not be able to repay their debts for a period of at least six months leading to the financial crisis. The Policy of diversifying to Real Estate: The funds had always been flowing into Dubai due to its large reserves of oil that it posses and initially the whole economy of Dubai was dependent mainly on income coming from oil and natural gas but there has been a shift as the Dubai government now aims at making the tourism industry the biggest industry of Dubai and has invested a huge capital in developing this industry. In the year 2000 the establishment of Dubai Financial Market (DFM) as a secondary market for trading of trading securities and bonds both locally and globally was major step in diversifying Dubais economy. The establishment of Dubai Financial market was a part of the governments plan to diversify Dubais economy from a trade based economy to the one which is tourism and service oriented made real estate more valuable in Dubai. The inclination of the government towards tourism did turn out to be a promoter for the real estate and construction industry and the real estate industry grew at a rapid pace in Dubai becoming one of the largest industries in Dubai. As a result of the governments promotion to tourism Dubai witnessed a real estate boom which resulted in appreciation of property prices in Dubai from 2004-2006. These policies transformed Dubai into a center for large scale real estate development projects and made it a home for many large projects and tallest skyscrapers of the world which are now amongst famous buildings of the world. The results of these policies are visible through buildings like the Burj Dubai, the Palm Islands, the Emirates Towers, and the worlds most expensive hotel, the Burj Al Arab which reflect the rapid development and the great advancement of the real estate and construction industry in Dubai making it a world class tourist destination. All the results of these policies led to a great change in Dubais landscape which also led to a great amount of foreign investments in Dubai as Dubai became a great destination for investors around the world. For many years Dubai has given great returns to investors around the world with an aggregate of approximately more than 40% per annum which has attracted clients from around the world trying to get the investment ladder ready but during the last few months being hit badly by recession these profits have turned into losses with a depreciation in property prices creating a situation of financial crisis in Dubai. Although Dubai has given great returns in the past but the ugly face of the Dubai model that it was based on speculation and debt that was somewhere in the breakneck boom in Dubai and with the prices of buildings falling in the recent past this face was exposed as the largest real estate companies were not able to repay their debts that were due till December 2009 and the government asked the investment companies delay the collection of all their funds for at least a period of 6 months which hit badly the finance industry of Dubai which is one of the major industries of Dubai. The Dubai World: The Dubai world which is an investment company acts as a regulatory company in Dubai. It manages a portfolio of businesses projects for the Dubai government. It functions across a wide range of industries and projects which promote Dubai as a hub for trading and commerce. Sultan Ahmed bin Sulayem is the chairman of the company. Sheikh Mohammed bin Rashid Al Maktoum, Prime Minister and Vice President of the United Arab Emirates is the major stake holder of the company. The company was established by Sheikh Mohammed bin Rashid Al Maktoum under a decree ratified on March 2nd 2006 with an aim to regulate and promote trade in Dubai. The stature of Dubai world is quite large in the global market and it has large investments not only within Dubai but also in countries around the world. Some of its major investments range from MGM Mirage Las Vegas Casino Company to Standard Chartered Plc a London-traded bank and luxury retailer Barneys New York through asset management firm named Istithmar PJSC. The Initial success of Dubai in the Period of global financial Crisis In the early period of global financial system Dubais financial structure, dynamic construction and tourism industries and relished tax free incentives seemed to be a great advantage for it and many people even expected it to remain free from any sort of recession. A major factor that created this illusion in the minds of people was the continuance of investment activities and construction at a feverish pace even when there was a lack of capital in all other parts of the world and no other country was even thinking of such investments Dubai announced to construct a new tallest building of the world just after Lehman Brothers collapsed in the United States. All these steps along with the booming infrastructure of Dubai attracted many investors from around the world who thought of Dubai as a good prospect for investment and expected good returns from it. Dubai has built one of the finest infrastructures of the world and it is quite natural for investors to be attracted towards such a p lace which lead to the initial success of Dubai in a period when the world was facing recession and lacking investments but its overdependence on debts caused the financial crisis. Seeds of trouble The global financial crisis during 2008-09 resulted in major downfall of Dubais real estate market. It led to slow down of the economy of Dubai. The economic revenue generated was not coming as efficient as before which greatly hindered Dubais growth and as most of its plans were based on money borrowed by investment companies and there were no plans to face any downturns in the economy it became difficult for them to repay that loan. As the main aim of Dubais economy was the tourism industry a slump in the global markets was always bound to affect the economy of Dubai. At the international press council conducted by Mohammed al Abbar, senior enough to abide Dubais Ruler and UAEs Vice President or Prime Minister. He was placed at the designation of the Director General of Dubais Department for Economic Development and also as a chairman for Emaar properties the largest real estate company in December 2008 declared the credits that Emaar enterprise had which had an adverse effect on the economy as a whole. Emaar Enterprise had credits for over 70 billion US Dollars. In addition to it they also had additional 10 billion US Dollars in Dubai with holdings estimated above 350 billion as a real estate asset. Earlier in 2009, situation was worse due to the global economic crisis, heavy tolls on employment, property values, constructions, etc. also added into it and resulted in the decrease in costs of these prices due to slow down in the world markets also hit the real estate sector of Dubai which was expecting a rapid development in order to repay all its debts in stipulated time. This not only hit the real estate industry of Dubai but also the finance industries which financed most of the projects of construction. In Feb 2009, the estimated foreign debt for Dubai was approximated at 100 billion US Dollars. It leads 250,000 United Arab Emirates national to be responsible for more than 400,000 US Dollars of foreign debts which is a very large amount although Dubai had been hit by a financial crisis in the past also. In the year 1999 Dubai was hit by a similar crisis but at that time the debts were much less than the amounts this time and at that time Abu Dhabi supported it but the amounts are very high this time as the main focus of Dubai government in the recent past has been tourism industry and the real estate is closely related to it. The assessment of Dubai market of property has shown a lot of depreciation or decrement. The property loss was more than 65% of their values since 2001 till November 2008 which has been one of the main causes of the financial crisis as the property market was expecting an increase in prices but the decrease proved to be fatal for it. The construction companies were expecting a rapid increase in the property prices and were expecting to repay their debts using the incomes created from it but that did not happen and lead to the financial crisis In addition to all these failures in key businesses, consumer satisfaction, wealth etc. is estimated to be in trillions of US Dollars. The financial commitments incurred by governments proved a fatal loss in economic activity. The Burst of Bubble Dubai which is governed by Sheikh Mohammed Bin Rashid Al Maktoum borrowed approx 80 billion US Dollars in a period of 4 years of construction for booming the construction market of economy of regional tourism as their main focus was on tourism as they expect that it would lead to a concrete source of income for them even when their oil reserves get exhausted. Emirates suffered a huge loss in the worlds steepest property slump as a result of global recession. The home prices dropped by 50 percent from their value in 2008 leaving Dubai in a situation where they were not able to generate adequate money in order to repay the debts that they had taken in order to promote the real estate industry. Dubai had 59 billion US Dollars of liabilities in agreement to the standstill of creditors. The debt included more than 3.5 billion dollars of bonds dated December 14. This property unit is from Nakheel PJSC a firm from Dubai. Analyst said that the prime reason for the financial crisis in Dubai was the mismanagement or the wrong decision of Sheikh Mohammed. He invested all his as well as the Dubai government wealth in the real estate market in United State and had no plans to deal with any kinds of shocks faced in their road to success such as recession. He thought that Dubai would never be stuck with any sort of recession which was a result of lack of adequate planning for bad phases during their journey. The foreign investment of Emaar claimed to be the second largest builders in United States. They ultimately went bankrupt because of the recession and/or filed for chapter 11, which allows reorganization of a company under the laws of bankruptcy for United States. United States bankruptcy code permits the reorganization of any of the company under the bankruptcy laws of United States of America. Dubai shifted to their crisis mode with their large and dangerous building boom. Their lending bonanza soon vanished due to the crisis. Government and banks took huge steps to provide some backup to the organization and to rescue the falling organization. The bankruptcy of Emaar properties was a big shock for people around the world and even bigger for the people in Dubai as it acted as a hint of the financial crisis that had begun in Dubai which was considered to be one of the flourishing economies of the world. Announcement and the impact of official moratorium: Dated: 25 November, 2009, the final announcement came in by the government of Dubai. They announced that the company intends to ask all its providers for financing to Dubai World, its subsidiary Nakheel to remain standstill and extend the maturities until at least the date 30 May 2010. This announcement meant a great decrease in the inflow of money for all the financial companies who had invested in various projects in Dubai and also sent a bad message to the world which had come to know that Dubai was in a financial crisis. Several months before the announcement Dubai world accounted for $59-billion debt which accounted for nearly three fourth of the emirates total debt of US$80-billion. These debts also included a $3.5-billion debt which the company was unable to pay by its December deadline. This announcement not only led to a degradation of Dubais goodwill among investment companies but also had a bad impact on the global markets which were recovering from the impacts of recessio n, the announcement in a way pushed the recovering markets back when they had started growing. The impact was very severe as it degraded the investment status of Dubai amongst various investment companies. The governments announcement led both Standard Poors Investors Services and Moodys who were the key investors of Dubai heavily downgraded the debt of various Dubai government-related entities with interests in commercial operations, utilities, property, and commodities trading which meant that it became harder for companies to get money for their projects. For Moody, the downgrade meant that the affected agencies would lose their investment grade status which would help Moody to make it very difficult for them to get the money required for their businesses. The effect was not only internal its impact was felt by all major markets of the world who experienced a drop in their stock indices. The main European markets shattered on November 26 followed by huge drops in Asian stocks on November 27 creating a bad impact on these markets that were recovering from the shocks of recession. Possibilities of Recovery: Although Dubai is presently suffering with a financial crisis there are still possibilities that it will recover from this crisis. Abu Dhabi the capital of the United Arab Emirates which is also the richest country of the United Arab Emirates is the brightest ray of hope for Dubai. Dubai has already asked Abu Dhabi to bail it out of the crisis. The hope even increases as Abu Dhabi has helped Dubai in the past when Dubai was in Crisis although the demand is much higher than the past. Abu Dhabi has helped Dubai with an amount of $10 billion in order to bail out the Dubai world. A recent report by HSBC which says that Abu Dhabi has the cash liquidity to support its own companies and banks is even more positive response as Dubais point of view. Thus Abu Dhabi may use some of this liquidity to bail out Dubai from this phase of crisis. With the U.A.E central bank showing positive signs by confirming that its board has discussed plans for supporting real estate business by lending Dubai as well as remaining United Arab Emirates has increased the probabilities of recovery for Dubai to a great extent. Impact on Indian Economy: Indian banks have communicated to the Reserve Bank of India that their sheets show insignificant investments in Dubai as compared to their revenues generated. The main investments are those of State Bank of India, Bank of Baroda and ICICI combined together denote investments of around Rs 7000 crores with SBI having Rs 1500 crore in the combined charts. However Bank of Barodas spreadsheet has Rs 4000 crore invested in UAE with only Rs 600 crores in real estate markets and has no negative impact on the health of the bank. However the professional front may face losses as Indians constitute 40% of the population of Dubai and are all in the business or service sector and so it may affect the remittances to India could decline provided the company is able to work out a bailout from this scenario. UAE has not been a significant source of investment in the Indian portfolio however the crises as already stated will affect the remittances or permanent transference of money to the relatives of Indians settled in Dubai was an important component of Indian Economy as in the first quarter of fiscal year 2010 as it formed 45% of the invisibles. But the crises have created intense pressure on employment thereby reducing the invisibles coming to the country. Dubai Worlds subsidiary DP World has investments in the Indian sea ports and planned investments of $ 500 million can hamper Indias water strength. Dubai crises and Indian exports are closely linked and reached a massive 13% in the fiscal of 2010 as is shown in the graph below. These figures give an estimate of how the exports could falter the critical situation and hamper the export market. Indian real estate developers who had ventured into Dubai like Nagarjuna Constructions, BSEL Infra, Larsen and Toubro etc References Dubai Crisis 2009. (n.d.), Retrieved on March 15, 2010 from http://www.gktoday.in/2009/11/what-is-dubai-crisis-2009.html Dubai Economic Crisis. (n.d.), Retrieved on March 15, 2010 from http://www.docstoc.com/docs/23974903/Dubai-Economic-Crisis-And-Its-Impacts-On-India Dubai hit hard. (n.d.), Retrieved on March 15, 2010 from http://www.globalcrisisnews.com/real-estate/dubai-hit-hard-by-financial-crisis/id=625/

Malaysia Country Report Essay -- essays research papers fc

As the world prepares to move into the twenty-first century, many nations are rapidly developing their agricultural and manufacturing sectors. As these burgeoning industries become a larger part of the nation’s economy, the nation finds its population restructuring and streaming to the areas of growth. Just as the people are trying to compete for their survival, the nation is fighting its way to center stage in the world economy. The development of these countries is tied to the world’s economy, as is evidenced by the uneven development within each of the nations. Malaysia’s growing role in the world economy is likewise intertwined with the development of its industrial regions. Malaysia’s economy is centered on the production of rubber, timber, tin, and petroleum. Almost all of the country’s production of rubber and palm oil is raised solely for export. Historically, rubber was the dominant export, but now it is palm oil in terms of square miles used to cultivate it. Rubber, like â€Å"no other major commodity in the world,† was subject to â€Å"dramatic and rapid shifts in sources and derivation of demand† (McHale, 9). Thus, Malaysia has been moving away from its complete dependency on rubber for its income, and begun to diversify its economy. The peninsula’s forests produce approximately 1,100,000 tons of timber each year, and about two thirds of that is exported. Up to 1965, Malaysia was producing 40% of the world’s tin supply. However, with its quickly diversifying economy, Malaysia no longer depends on tin as a substantial part of its income. Small amounts of other useful minerals can be found all over Malaysia , as it is a naturally abundant land. Its major exports are electronic equipment, machinery, petroleum, palm oil, rubber, timber, and tin. The biggest trading partners are Japan, the United States, and Singapore. Other trading partners include the United Kingdom and Russia. About two thirds of the land on the peninsula is devoted to the cultivation of rubber, and Malaysia produces more than a third of the world’s rubber. Tin is the second largest export, and has been mined on the peninsula since the 17th century. Since Malaysia’s exports are mostly raw materials, and raw materials are susceptible to wildly fluctuating market prices, Malaysia’s economy is easily affected by market swings. For example, just a one cent fall in the price of rubber would decre... ...Cal Clark, eds. The Evolving Pacific Basin in the Global Political Economy. United States: Lynne Rienner Publishers, Inc., 1992. Cheok, Cheong Kee and Lin Lean Lim. Demographic Impact on Socio-Economic Development The Malaysia Experience. Canberra, Australia: The Australian National University, 1982. Drabble, J.H. Rubber in Malaya 1876-1922. Malaysia: Oxford University Press, 1973. Jomo, K.S. Growth and structural Change in the Malaysian Economy. London: The MacMillan Press Ltd., 1990. Lim, David, ed. Further Readings on Malaysian Economic Development. Malaysia: Oxford University Press, 1983. Lim, Lin Lean. Population and Development: Theory and Empirical Evidence. Malaysia: International Book Service, 1983. â€Å"Malaysia.† Encyclopedia Britannica: Macropaedia. 1973. McHale, T.R. Rubber and the Malaysian Economy. Singapore: M.P.H. Publications, 1966. Peng, Khor Kok. Recession and the Malaysian Economy. Malaysia: Institut Masyarakat, 1983. Schatzl, Ludwig H., ed. Growth and Spatial Equity in West Malaysia. Singapore: Institute of Southeast Asian Studies, 1988. Yee, Lo Sum. The Development Performance of West Malaysia 1955-1967. Malaysia: Heinemann Educational Books, 1972.

Scm 3301

SCM 3301 Spring 2013 Exam 1 Study Review The exam will cover chapters 1-4 from the textbook. Format: 34 multiple choice questions of approximately equal weightage from each of the four chapters. Resources to study: * Lecture Notes ( If you have missed a class, please obtain the notes from a classmate) * The textbook * Closely read the sections covered in the lectures * Closely read the material related to the main ideas listed below Main Ideas: Chapter One: Describe a supply chain and define supply chain management. * Describe the objectives and elements of supply chain management. * Describe a brief history and some of the trends of supply chain management. * Understand the range of supply chain management activities common to both services and manufacturing * BUY – Supply * MAKE – Operations * SHIP – Logistics * Coordination – Integration * Understand the current trends in Supply Chain Management Chapter Two: Understand the role of supply management and its strategic impact on an organization’s competitive advantage * Understand the profit leverage of effective purchasing * Have a basic knowledge of the manual purchasing process, e-procurement, small value procurement * Understand strategic nature of the â€Å"make or buy† decision * Understand sourcing decisions and the factors impacting supplier selection * Describe the various considerations in assessing the Total Cost of Ownership * Understand how a supplier portfolio is managed Describe the opportunities and challenges of global sourcing Chapter Three: * Explain the importance of supplier partnerships * Understand the key factors for developing successful partnerships * Understand the principles behind the Weighted Criteria Evaluation System * Understand the purpose and creation of a supplier certification program * Explain the importance of a supplier recognition program * Understand the capabilities of Supplier Relationship Management Chapter Four: Define and a ppreciate the trends in ethical and sustainable sourcing * Define and describe the terms: fair trade products green purchasing social sustainability * Describe how ethical and sustainable sourcing strategies are developed and implemented * Understand how Supply Base Rationalization can help improve a company’s ethical and sustainable sourcing * Understand ways that supplier partnerships can help a company’s ethical and sustainable goals * Understand the use of environmental supplier certification and recognition programs

Definition of Mobility Essay

1.1 – Give a Definition of Mobility The definition of mobility is the ability to move body parts, and the ability to move from place to place as well as sitting down and getting up. 1.2 – Identify and Explain Health Conditions That Can Affect Mobility Some health conditions that can affect mobility are age, arthritis, strokes, heart attacks, infections, fracture of bones and possibly mental issues. Arthritis can affect mobility due to the joints hurting or going stiff making mobility harder for the individual. Heart attacks and strokes can affect mobility due to an individual’s balance possibly being impaired but also due to possible paralysis of one side of the body. Mental issues could affect mobility due to someone’s confidence possibly going due to a fall etc. 1.3 – Outline the Effects That Reduced Mobility May Have on Individual Well – being. Reduced mobility and movement may have different impacts on different people; some people may be able to cope better with it than others. Some people may lose their confidence and sense of self, some people may develop depression due not being able to do as much as they used to. Reduced mobility and movement may affect people’s personal relationships, moods. It can also affect a person’s social life due to possibly not being able to leave the house etc. It can also affect a person’s day to day life for example personal care, food preparation to being able to make meals and cups of tea. 1.4 – Describe the Benefits of Maintaining and Improving Mobility for the Individual The benefits of maintaining and improving mobility for individuals are great; it can help with the physical and emotional well – being of the individual. The physical benefits include keeping good circulation and muscle strength; it can help to maintain a steady weight of the individual. Simply put if you don’t encourage an individual to keep their mobility and movement then the muscles waste away, for example if you were to keep a mobile individual bed ridden their muscles in turn will waste away impairing their movement and mobility. Also in some cases physiotherapy can also help to build up the muscle strength etc. enabling reduced movement to possibly increase. The emotional well – being of maintaining and improving mobility for an individual is very important as when someone has reduced movement and ability it can affect their social life, social skills, self-esteem a nd confidence and can also lead to depression, which in a nutshell if you can  improve the mobility and movement of an individual can reduce the risk of depression, can enhance self-esteem and confidence and also can enable them to have a social life. Who Would You Report Progress and / or Problems to? If I noticed progress or problems relating to an individual’s mobility and movement I would always note this down in the Care Log and I would also inform my co-ordinator of any issues, my co-ordinator would then report it to possibly doctors, nurses and also to the occupational health team which could either sort out the use of equipment or could implement anything that could help the individual for example extra care or even reduced care and reduced equipment. How Would You Report the Following Problems and / or Progress Relating to Mobility? – Choice of Activities, equipment, appliances and support provided. I would always be vigilant in my work and the care I provide to see if I could notice any changes to an individual in regards to all aspects of their care including mobility. I would also read care notes that have been written by other carers involved in their care and also possibly family members and healthcare professionals etc. If I noticed any changes at all in regards to what activities they chose for example if they stopped wanting to go out etc. I would always ask them the reasons for this and listen to the reasons (these reasons could be something along the lines of don’t feel confident enough and feel off balance) I would write these concerns down in the Care Log and also report to my co-ordinator, senior carer or manager to possibly look at implementing additional support for their choice of activities. If there was an issue with the equipment for example needed different equipment as it wasn’t suitable or even that they didn’t need the equipment again I would write it down and log it in the Care Log as well as reporting to co-ordinator, senior carer or manager, they would then report this to the occupational health team who would then organise for an assessment of the equipment in place and if necessary change or alter the equipment to suit the individual’s needs at that time. If there was an issue with appliances for example couldn’t work the cooker anymore etc. again I would record my findings in the Care Log along with to my co-ordinator,  senior carer and manager, I would also see if I could speak to the family to see what they suggested and also to see if I could suggest anything for example a microwave instead of a cooker and maybe bigger handled cutlery instead or normal cutlery etc. If I had a problem with the support provided I would again rec ord in the Care Log along with my co-ordinator, senior carer and manager. These concerns would possibly be told to the family and also could be reported to healthcare professionals along with the individuals social worker.

Abraham Lincoln and the Struggle for Union and Emancipation

DBQ: Abraham Lincoln and the Struggle for Union and Emancipation, 1861-1865 Lincoln began the civil war claiming to want only to preserve the union, and I think that saving the union was his main goal, but I think even from the beginning, slavery played a part in the start of the war too and another one of his goals was to gradually get rid of slavery. I think as time went on, it started to have a bigger and bigger role in the war, but I don’t think the goal of ending slavery every surpassed his goal of saving the union. He did whatever he thought it would take to save the union, and he also managed to end slavery while doing it.Lincoln knew that slavery was an issue from the beginning, and he wanted to stop it, but wasn’t making an incredibly big deal out of it at first. in March of 1862, Lincoln addressed congress (Doc A), and was encouraging congress to offer compensation to any state that was gradually abolishing slavery, which showed that he didn’t want slav ery anymore, but wasn’t pushing too hard for it and was making it so that there wasn’t any punishment for not abolishing slavery, but that there was a reward for those that were trying to abolish slavery.In a letter to Horace Greeley in August of 1862, he said, â€Å"if I could save the union without freeing any slave I would do it; and if I could save it by freeing all of the slaves, I would do it; and if I could save it by freeing some and leaving others I would also do that. † this again proves that he knew that slavery was a problem and was an inevitable part of the war, but that his primary focus was to save the union, and then worry about the slavery issue later on. He was also trying to keep the Border States happy, not obviously just focusing on freeing the slaves.He did want to gradually abolish slavery but it wasn’t his main goal at the time. Lincoln came to believe that the emancipation proclamation would actually help save the union. There are several different things that the abolishment of slavery could do that would be good for the union and would help keep the union together. In a speech from Lincoln to a Committee of Religious Denominations of Chicago on September 13, 1862, (Doc B) Lincoln talked about how the abolition of slavery would help keep Europe from supporting the south.He also said it would be good for helping the union win the war because without the blacks laboring for the southerners, the south would have an even harder time growing food and getting the things that they need to survive, it’s hard enough with a labor force helping out the south, but if all that labor was taken away from them, then the south would be ruined. He also believed that emancipation would help in saving the union because it would bring in more men that were willing to fight.In a speech from Lincoln to members of the Democratic Party on August 26, 1863 (Doc G), Lincoln said â€Å"You say you will not fight to free Negroes . Some of them seem willing to fight for you, but, no matter. Fight you, then, exclusively to save the union. I issued the proclamation on purpose to aid you in saving the union. † So he was saying that since white men weren’t willing to â€Å"fight to free Negroes† he had to issue the proclamation of emancipation freeing the blacks, therefore making it so that there were more men available to fight and to fight willingly for their freedom, and for the union to stay together.The emancipation proclamation helped in pretty significant ways to save the union. Everyone kept thinking that Lincoln started to put his desire for slavery to end, over his desire to save the union. They all thought that his goal had changed and all he cared about was freeing the blacks when, in fact, his goal of saving the union was always there and was always greater than the slavery issue. Granted, he did want to end slavery and he did what he could to end slavery, but that wasn’t his primary goal. He wanted more than anything to keep the union together.In a speech by Frederick Douglas delivered at the unveiling of the Freedmen’s monument in memory of Abraham Lincoln (Doc K) Douglas said, â€Å"he was preeminently the white man’s president, entirely devoted to the welfare of white men. He was ready and willing at any time during the first years of his administration to deny, postpone, and sacrifice the rights of humanity in the colored people to promote the welfare of the white people of this country. † He is saying that no matter what, Lincoln was doing everything for the whites. He would do to the blacks whatever it took to do what is good for the white men.The white men were his top priority. Even though Lincoln’s goals slightly shifted from being almost entirely only wanting the security of the union to wanting slavery to end, he never lost sight of his main goal. The entire time he wanted, more than anything, to save the union . He did whatever he needed to do to save it, even if some people disagreed on if he made the best choices or not. The war was not about his desire for the abolition of slavery. It was about saving the union, and he ended up being able to abolish slavery along with saving the union.

Britain Unwritten Constitution Essay Example | Topics and Well Written Essays - 2000 words

Britain Unwritten Constitution - Essay Example Kingdom is consequently a nation under Parliamentary sovereignty because the entire sovereignty belongs to the Parliament. There is no entrenchment in the British constitution – meaning that there is no need of a supermajority or a referendum to pass some amendments – which can cause some minorities to suffer from majoritarianism. This absence of a central written constitution may lead to believe that the United Kingdom has no formal constitution. It is true the British Constitution is often referred to as unwritten but it relies and incorporates many written sources such as the Magna Carta, the Habeas Corpus Act in 1679, the Bill of Rights in 1689, the Act of Settlement in 1701, the Act of Union in 1707, joining England and Scotland to form Great Britain, the Act of Union in 1800, joining Great Britain and Ireland to form United Kingdom, the Statute of Westminster in 1931, the Peerage Act in 1963, the European communities Act in 1972, being the key documents and conven tions among many others. Therefore, the United Kingdom constitution is seen as a collection of Acts of Parliament, decrees, conventions, traditions and royal prerogatives. However even if some accept it as an unwritten constitution, some go as far as saying that in the absence of a written constitution, Britain has no constitution.... Throughout the world we can see two types of constitutions: the codified and the uncodified ones. In a codified constitution, the articles describe a higher form of law, that is to say laws to which all other laws must conform and in consequence elected assemblies can not pass all the laws they wish. The codified constitutions are usually entrenched which means that they can only be changed or amended according to special procedures. In the political systems of codified constitutions, judges have the key role to interpret and apply the constitution, they have the power, for example, to decide that some rules which were passed by elected assemblies are unconstitutional - not in following the principles set of rules of the constitution. The codified constitution is also a tool to understand the powers of the different institutions that characterize a government and the relationship between them. Finally, they represent timeless principles. A Bill of Rights for instance, defines the lib erty to practice one religion, the right to a fair trial or the freedom of speech. 5 However, United Kingdom does not have such a codified document, its unwritten constitution and therefore the fundamental rules are embodied in major statutes, precedents and legal decisions. It is consequently said that codified constitutions are more rigid than uncodified ones. Flexible constitutions are more reactive and adapt more rapidly to changing conditions. It is the usual characteristic of an uncodified constitution. However, United Kingdom's example is not as clear as this principle. The adaptation to the changing conditions is not easily seen in the United Kingdom. Even though

What are the elements of a binding contract Essay

What are the elements of a binding contract - Essay Example For the purpose of this analysis, it will be assumed that all parties are not minors, do otherwise have contractual capacity, and that none of the acts being negotiated are contrary to the law. It is worth noting that in all three cases, the parties involved failed to commit their agreements to written form. Though verbal contracts are technically enforceable, the proof is hard to come by unless two disputing parties manage to agree to the facts. The elements in each case will be evaluated against the standard of contract validity.Question 1. In Chong vs. Lee, the first and foremost finding is that a contract never existed. Their agreement fails in every way to meet the legal definition of a contract because of fundamental defects, so there was no contractual agreement to breach or sue to enforce.Way Lee offered to sell five reconditioned motorbikes to Chong for a set price, but Chong didn't accept Lee's offer; he deferred his answer indefinitely, saying he would "think about it." No contractual agreement was created at that time because there was an offer but no acceptance, and both elements must be present to create a valid contract.When Chong wrote to Lee a week later, he included additional sale conditions, specifically regarding painting the bikes. No contractual agreement was achieved in this instance, either. By changing the terms of Lee's original offer, Chong was effectively making a counteroffer, and implicit in a counteroffer is a declination of the original offer, which then ceases to exist (Graw, 2002). The Postal Rule states that an acceptance is considered conveyed and takes effect at the time it is deposited in a valid postal receptacle or given to a legitimate postal worker properly prepared for posting. A contract would have been formed even if the letter had never been received by the other party. See Adams v. Lindsell (1818). But that rule would not apply here, the main reason being that the letter Chong posted was not a simple acceptance of the original offer, but a counteroffer, and Lee could not have been presumed to have agreed to it without any knowledge of it. Even if Chong's letter had been a simple acceptance of the original offer, a question would have arisen as to whether Lee had intended his original offer to Chong to remain good for a week or whether such a length of time would be deemed reasonable by a judge. It appears from the fact that Lee sold the bikes to other parties that he considered a week too long. Chong clearly believed that he had an agreement with Lee after he posted the letter, and he relied on that belief when creating contracts of his own with other parties to whom he planned to on-sell the bikes. If a contract had existed at that point with Lee, the fact that Chong relied on it would have prevented its revocation or modification. See Drennan v. Star Paving (1958). As it is, Chong is still obligated to perform under his agreement with the other parties, with whom binding contracts appear to have been created, even if he has to find another source for reconditioned bikes of the same type in the appropriate colors and/or pay a different price for them. If he fails to do so, these parties could successfully bring a breach of contract suit against Chong. The conclusion regarding an action by Chong against Lee for breach of contract is that it would fail because Lee was not a party to any valid contractual agreement with Chong at any time. Question 2. In Jones vs. Jimmy and Lee, the most important aspect of the case in the beginning is that Jimmy was not present when Fred Lee offered Jimmy's services to Norah Jones, so at that

Setting Up a New Social Networking Site Assignment - 7

Setting Up a New Social Networking Site - Assignment Example The target of our social networking site should be the teenagers and early adults who have a severe interest within these community websites and programs. What this suggests is the way forward for the selected target audience because they exactly know how to make the social networking site a bigger one as their role is magnified nonetheless. The target of this social networking site must be based on the potential use of the teenagers and the young generation because they know how to have the best usage of the same. What is important to see is how these potential users come within the social networking site and display their enthusiasm and zeal by suggesting to their immediate family members and friends who are of their own age brackets (Daugherty, 2009). This will allow them to connect with one another as well as find new friends as and when they wish so. The target audience of the social networking site would comprise of the people who want to make it big within the social networkin g premise and for that, they are ready to go out of their way even. This is because they believe that it is their natural obligation towards their own self if they become a part of the social networking sites which are on offer in this day and age. However, for the sake of the social networking site that is talked about here, the focus must be set on how these young ones would be given the incentives that they so richly require within their folds (Topper, 2007). When they are given an incentive, then is the time that the young ones believe that it is for their own good and that they should believe in the dictum of the social networking sites bringing them close to their loved ones while making sure that they remain cool, hip and trendy all this while with their usage patterns of the social networking sites. These are our primary target users while the secondary ones might include the elders who would like to know what their younger generation is indulging into or how they are gettin g along with the people of their own age (Wennburg, 2006). This is in accordance with the parents and guardians being on the watch guard on a proactive basis. It allows them to grow exponentially and find out where their children are going wrong and what needs to be done to correct them all this while. However, the target group for this new and developing social networking site would be the teenagers and young generation alone because they are the best possible users of such social networking sites that have come about of age in the recent times. It is important that the focus should be tightened as much as possible on this age segment because this will make sure that there are no predicaments that might arise in the future as far as the social networking sites are concerned. The selection measures of these social networking sites must be pinpointed and on the dot. 2) As far as the requirements of the young ones and teenagers have from these social networking sites is concerned, the se must offer them a user-friendly platform from where they can grow and develop their social networking measures, and thus ask of the people around them to interact with them all this while (Berge, 2010). It gives them the incentive to go out there and make the vital difference within their lives because they require the same.