Gold Price Fluctuation Essay

The topic is selected for the project is the Gold price fluctuations and gold as a investment. I selected this topic because of the change in the price of gold and people’s interest in investing in gold as an investment. This topic is selected due to the fluctuating nature of gold and changing trend of gold price. Nowadays people tend to invest their money in gold so as they can increase their investment according to the price of gold at that particular period. Of all the precious metals gold is the metal where people invest more. gold is also at the mercy of stocks. When equities plummet, investors are often forced to sell gold for cash. But any significant dip can trigger a wave of buying an investors purchase gold at ‘discount’ prices resulting in a strong tug of war for prices. In this project I include the fundamental factors that contribute to gold’s strong price moves like price manipulations, supply and demand, safe haven and peer pressure buying, currency debasement, central bank buying. I also include the gold fluctuations and its impact on Indian economy. The importance of the project lies in the areas such as gold as one of the most valuable economic indicators, gold’s price elasticity is negative, rising gold price, gold as a safe investment, gold price determination move by landed costs and by the rupee-dollar exchange rate, factors affecting gold price fluctuation. It also deals with the fluctuation in the gold and its relation to oil markets. SCOPE OF THE STUDY The scope of the study is about the day by day changes in the price of gold and the reasons behind the change. It focuses more on the fluctuations and the interest of investors to invest in gold even though the price is getting higher. The study also focuses more on the fluctuation in the gold and its relation to oil markets. Oil and gold are the two main items in the economy now that tends to increase day by day. And a study related to those subjects seems important and reliable nowadays. The investment habit of people is changing day by day and my project deals with the people’s interest in investing in gold. And therefore the reasons for the fluctuations of gold price are necessary to be known. As we all know, of all the precious metals, gold is the most popular as an investment, investors generally buy gold as a hedge or harbor against economic, political, or social fiat currency crisis (including investment in market, declines burgeoning national debt, currency failure, inflation, war and social unrest. The gold market is subject to speculation as are other markets, especially through the use of future contracts and derivatives. The history of the gold standards, the role of gold reserves in central banking, gold’s low correlation with other commodity prices, and its pricing in relation to fiat currencies during the year 2007-2012 global financial crisis suggest that gold behave more like a currency than a commodity.

Coal Keeps the Lights on

He would go in at dark and leave at dark and often go without eating or taking a break because his Job was so demanding. Even though mining was dangerous and vigorous work he loved his Job. In 1966 his pay was $3. 25 an hour, for that day and time he was making good money. In 1980 when he had to quit due to health issues his top pay was $26. 00 an hour. 00nes) fit was hard, but I had a Job to do.Coal keeps the lights on. said Delbert. His Job came with many responsibilities. He had to take care of himself, make sure his workers were all safe and make sure they got the Job done. Cones) When he got his Job finished he was ready to go home to his wife and family. Delbert said there was nothing better than the boss saying may boys lets shut her down, its time to go home. That was something they looked forward to after a long days work. Upchurch 2 He knew when he was a little boy he was going to be a coal miner. His grandfather, father and many close relatives and friends were all coal mi ners.If you lived in Harlan, more than likely you were going to be working in the mines. The best thing he liked about his Job was the challenge of hard work. He said he loved anything that came as challenge to him, he loved when he achieved exactly what he set out to do. Cones) Jones said he misses working in the mines. If his health was better he would be right back. He also said that most of his family worked in the mines, but he wouldn*†° want any of his grandchildren going through what he did to provide for his family. He said It was a good Job, but he could live without the aches and pain he feels veryday.Cones) Although life in the mines were hard, it was even harder on his body. The twenty two years he gave the mines gave him back one destroyed body. He ended up having black lung disease from inhaling all of the coal dust which eventually turned in to COPD Cones) He also nad to go through six back surgeries trom all ot the bending over and crawling he had to do. He said if you work in the mines you will come out with an old tattered up and worn down body. He would love to be living in Harlan, working dusk til dawn living the coal miners life. It was and will always be apart of who he is.Two of his sons also worked in the mines along side of him. They didn*†° put nearly as many years as he did, but put enough in to both be disabled with back injuries. Jones said it was important to him that he see them get out of there before they got *lack lungand It take over the rest of their lives. He said he would have loved it if his body would have let him work long enough to retire from the mines. That was one of the goals he had set for himself that he didn*†° get to accomplish. Jones said he is somewhat thankful he got out when he did, if not the stress of the Job may have been too hard on

The Americans with Disabilities Act of 1990

The first impression that the average person might have when reading about the Americans with Disabilities Act of 1990 (ADA) is that it appears to be greatly beneficial to Americans with disabilities. Certainly, it was intended to be of assistance to these individuals; however, a question remains regarding the degree of assistance that it provided to the, or if it was beneficial at all. The intention of the ADA was to open access to all aspects of society, to people with all kinds of disabilities.It was intended to prevent discrimination against individuals with disabilities in the same way that previous civil rights laws protected people from discrimination based on race or biological sex. The ADA is divided into five sections, called â€Å"titles. † These titles each address certain topics including various regulations for businesses and organizations of almost any size or purpose, requirements for communications over the telephone, and other provisions in terms of providing physical access, as well as other forms of access to the disabled population.Overall, the ADA does provide the valuable protections to many Americans. It allows individuals with disabilities to have access to education, employment, housing who may not have previously had opportunities in these areas. However, the ADA is not without its issues. The language of the ADA at times goes beyond regulating easily defined and delimited impairments that have objectively determined bases to protecting individuals defined as â€Å"impaired† merely because they are affected by people’s perceptions of a condition or illness that they possess.The language of the ADA raises other issues as well, including the suggestions that the ADA is little more than an enforced quota system or that the measure â€Å"infantilizes† the individuals that it claims to protect. This paper will be used to summarize the ADA and describe its history, as well as some of its effects. Some of the indi viduals involved with ADA and its policymaking will be addressed. Finally, this paper will be used to discuss the assumptions and values inherent in the ADA and some recommendations for its change. The History of the Americans with Disabilities Act of 1990 The ADA is a civil rights bill.When it passed into law on July 26, 1990 the people who wrote it expected that it would protect individuals with disabilities in the same manner that the Civil Rights Act of 1964. The ADA is divided into five sections, known as â€Å"titles. † These titles define, suggest, or regulate a number of different issues, including: 1. Equal employment opportunities 2. Access to public services overseen by state and local governments 3. Access to both publicly- and privately-run businesses for people with disabilities whenever possible 4. The availability of telephone and other voice communication services to the hearing impaired 5.Definitions of the breadth, depth, and limits of ADA protections and o f limitations to state immunity, as well as describing technical assistance programs of importance to businesses (Eckert, 2003). Regardless of the size, all state and local governments fall under the provisions of the ADA. The provisions of the ADA also apply to all sizes of business, regardless of how many people are employed by those businesses. Certain exceptions are made, however, when compliance would cause undue hardship for the business that needs to make modifications. Before the 1960s, people with disabilities were often removed from the general population.Previous generations assumed that individuals with disabilities were â€Å"suffering† due sins either they or their ancestors had committed. Children with disabilities were sent to separate schools from other children, if they were educated at all. The first attempts to care for American citizens with disabilities did not come until the nineteenth century, when life was a little easier and people were able to turn to doing charitable acts. These acts sprung from the community having a â€Å"humanitarian religious background that stressed the responsibility of the successful to help the unfortunate† (Rubin & Roessler, 2001, p.6). The first efforts made benefited individuals who were deaf or blind; only later were attempts made to assist individuals who were mentally retarded or mentally ill (Rubin & Roessler, 2001, pp. 6-7). Regardless of these advances, new laws were passed in the second half of the nineteenth century that were based on the scientific theories of eugenics. These laws prohibited people with mental or emotional disabilities from marrying, among other things, to remove them from the gene pool (Rubin & Roessler, 2001, pp.15-18), eventually leading to individuals with disabilities being segregated, including segregation through special education and vocational education. Eventually, as expectations for social responsibility waned, the government took on the role of setting guidelines as to how people with disabilities were treated. Progress first came in terms of worker’s compensation laws and rehabilitation acts. The Depression slowed much of the progress being made in rehabilitation services, but eventually the improved economy resulted in the creation of a number of rehabilitation programs (Rubin & Roessler, 2001, pp.31-32). The period between 1954 and 1972 for that time to be called â€Å"The Golden Era of Rehabilitation† due to all of the legislation enacted during this time (Rubin & Roessler, 2001, p. 34). One of these pieces of legislation was the Vocational Rehabilitation Act of 1954, which authorized funding for vocational education and expanded services. In addition, amendments to the Social Security Act provided aid for individuals with disabilities (Rubin & Roessler, 2001, pp. 33-36).Despite these efforts, individuals with disabilities still faced discrimination. Even the Civil Rights Act, passed in 1964, did not protect peop le with disabilities from discrimination. However, the Civil Rights Act was the first among this kind of legislation to formulate actual penalties against those states that did no enforce the Act. These penalties included â€Å"termination of financial assistance if states and communities receiving federal funds refuse to comply with federal desegregation orders† (Rubin & Roessler, 2001, p. 42).The Civil Rights Act, however, did provide the foundation for other legislation, such as the Architectural Barriers Act, passed in 1968. In what was quite possibly the most important move for the disabled community, the Rehabilitation Act of 1973 removed many physical and intellectual barriers to individuals with disabilities. The Americans with Disabilities Act of 1990 was one of these acts of legislation. The ADA built upon previous acts by prohibiting discrimination against individuals with disabilities, as described in an earlier section.The sociopolitical model came into being at about the same time the ADA was passed. As the medical model fell out of favor, having a disability was no longer considered a stigma and the isolation of individuals with disabilities was slowly put aside. Instead of seeking to segregate the disabled or trying to â€Å"fix† them, the new model is attempting to integrate them and bring equality to the disabled population. Individuals with disabilities were brought into the educational system and into the workforce and were perceived as equals perhaps for the first time in history.Both the ADA and the legislation that reauthorized its provisions addressed many areas of discrimination against individuals with disabilities. As part of this focus on discriminatory practices, Title I of the ADA addressed pre-employment testing and screening. According to Power (2000) the ADA â€Å"mandated when employment testing should be done, and described how testing must relate to the essential functions of the job (p. xiii). Testing accommo dations under the ADA were divided into the categories of medium, time limits, and content (Power, 2000, p. xiii).These limits allowed more individuals with disabilities to have wider scope when taking pre-employment tests, permitting them to test in areas for which they may have previously been arbitrarily deemed unsuited. Positive and Negative Impacts of the ADA However, not all of the effects of this legislation were necessarily positive ones. The ADA undeniably fostered ill feelings in the American public, based on the public’s perception of the ADA being nothing more than legislation that enforced quotas or as legislation that encouraged abuse through its widely inclusive language.This last perception was reinforced by the popular culture in the media, such as its mocking treatment in segments of the popular cartoons The Simpsons and King of the Hill. These two programs featured episodes in which characters deliberately abused the ADA, forcing situations by which they fi t the apparently loose provisions of the act. In the mind of the public, Homer deliberately overeating to fit the definition of â€Å"morbid obesity† and the efforts of Hank Hill’s co-workers to force various personal issues into compliance with the ADA provisions showed how the ADA could reinforce or even reward malingering.The King of the Hill episode took a sly jab in this vein at the ADA by its conclusion, which showed the entire office being â€Å"protected† under the auspices of the ADA, with only the manager being held responsible for doing any work (Krieger, 2000, p. 20). The last scene of that particular King of the Hill episode may be of importance for several reasons. First, as already noted, it sends a subtle message to the American public, many of whom do not have informed opinions about the act, about the ADA.Second, as noted by Cary LaCheen, a parallel exists between the way that the media portrays the ADA and the manner upon which it is ruled in the courts (cited in Krieger, 2000, p. 25). Finally, this final scene might have played on fears that the American public had at the time of the â€Å"high levels of job instability and worker displacement† that characterized the then-current labor market and that potentially bred â€Å"insecurity, fear, and resentment toward employment protections extended to members of disadvantaged groups (Krieger, 2000, p.28). While these publicly-held sentiments are not caused by the ADA itself, they are a response to the frequently vague and over-broad language and interpretations of the language of the act itself. Schwochau and Blanck (2000) suggest that the ADA has actually had a negative effect on the employment of people with disabilities or, at the very least, that the ADA has not created improved working conditions for individuals with disabilities.The authors indicate that at the time that their article was written the figures produced in the surveys provided by the National Org anization on Disability actually reflected a decline in the number of such individuals who were employed (Schwochau & Blanck, 2000, p. 271). The same surveys indicated that educational barriers still remain, with individuals with disabilities still obtaining unequal education despite being largely integrated into the general education population.However, the surveys indicated that there had been some increase in employment for severely disabled individuals (Schwochau & Blanck, 2000, p. 271). Two interesting and potentially disturbing aspects exist in the ADA legislation. One such aspect is that it legislates people’s perceptions; that is, if the perceptions of others cause a person to be perceived as disabled, then that person is protected under the provisions of the ADA (Boyd, 2002, p. 2). Boyd (2002) lists HIV status, disfiguring facial scars, and morbid obesity as three such perceived disabilities (p. 2).Another difficult aspect is that the ADA, intended to prevent discrim ination, is discriminatory in and of itself. It does not recognize the rights of all individuals with disabilities; rather, it recognizes the rights of only those individuals whose disabilities meet the statutory definition of disability (Colker, date, p. 98). While the drafters of this act chose to use longstanding definitions of certain disabilities, adopting some definitions from Section 504 from the Rehabilitation Act, it is clear from the above paragraph that these definitions contain some gray areas.Because individuals who do not meet these defined limits are not covered by the ADA, people who lack disabilities are unable to bring reverse discrimination suits or otherwise â€Å"challenge favorable treatment of individuals with disabilities† (Colker, date, p. 98). This narrow concept of who is covered by the ADA also has the potential to create a type of affirmative action program for individuals with disabilities (Colker, date, p. 98). Previous incarnations of affirmati ve action programs have not been effective for those individuals they allegedly protected.Rather, there has been some argument that affirmative action programs that emphasize the â€Å"needs† rather than the â€Å"rights† of certain groups actually â€Å"infantilize† those individuals (Burke, 1997, p. 271). Who is Involved in the Debate? The debate on the ADA is widespread and covers many areas of society. On the one hand, the National Organization on Disability and other similar groups stand in advocacy of individuals with disabilities. Educators at all levels have also taken up the banner of accessibility and inclusion.Economists, on the other hand, appear to be arguing that the ADA is not as beneficial as it was once thought it could be. Regardless of these positions, however, the influence of the ADA continues to be debated. One source of current debate comes from the technology sector. Because the ADA grants equal access to individuals with disabilities, on e question that currently exists is whether or not this guarantee of access extends to commercial and private websites (National Council on Disability, 2003, par. 1). This debate extends from Title 3 of the ADA and the definition of the word â€Å"place† as used in that title.If individuals with disabilities are unable to access these site through electronic aids such as synthetic speech or Braille outputs, are the parties who run these sites liable to provide them access (National Council on Disability, 2003, par. 12). Although a great deal of the access issue can be resolved with a small amount of additional programming effort, how far is it necessary to go to be in compliance with the ADA–or does it extend at all to the Internet? Although the answer to this question has been ruled as â€Å"no† in the past, advocacy groups continue to argue that the provisions of the ADA cover more than just physical spaces.One perception of the ADA is that the law â€Å"forc es† equality by requiring employers to treat individuals with disabilities differently to permit them to function as other employees’ equals. However, as Schwochau and Blanck (2000) points out, companies are already in the position of purchasing equipment by which employees can perform their jobs in an equitable fashion. Purchasing a piece of equipment that enables an individual with a disability to do his or her job should be considered â€Å"no more than standard practice† (p. 312).However, the cost of the accommodations that required by the ADA may outweigh the benefits to the employer, â€Å"resulting in market inefficiencies and welfare losses† (Schwochau, Blanck, 2000, p. 308). The primary assumption of the ADA appears to be that a person with a disability is as capable as any other worker might be, given the chance. The National Organization on Disability (NOD) paints a rosy picture of this assumption, reminding employers that among other things: o Hiring individuals with disabilities eases concern over the labor supplyo Job performance ratings and retention rates for individuals with disabilities are equal to or higher than for other workers, while at the same time exhibiting lower absenteeism rates o Tax benefits are available to companies that hire individuals with disabilities (National Organization on Disability Website) However, these assumptions may not be as widespread in practice as they are in discussion. According to Maheady and Fleming (2005) it is common for nurse educators and facility administrators to â€Å"voice concerns and hold preconceived notions of success or failure before the student [with a disability] even steps on their floor† (p.52). These concerns and notions include the accommodations that will need to be made and the issue of patient safety (Maheady & Fleming, 2005, p. 52). Recommendations and Rationale for Change One potentially helpful change would be to change the language of the ADA, p articularly the language concerning the terms â€Å"reasonable accommodation† and â€Å"undue hardship,† as well as the language that defines disabilities. The language currently in use in these areas of the ADA is both vague and broad in its application.As shown by the exaggerated situations used to comedic effect by the television programs described above, the vague definitions of these terms are open to abuse. If it is reasonable for a person to provide assistance for a person with a hearing impairment to use the telephone, why would it be unreasonable to provide the addict depicted in the King of the Hill episode with lowered lights and a quiet environment? At what point does â€Å"undue hardship† begin if there is no financial cost to the business?When does the â€Å"reasonable accommodation† for one worker begin to impose on another if that imposition is not defined by physical space? In many cases, however, this episode demonstrates the opposite of how individuals with disabilities are treated. Rather than making an extra effort to comply with the reasonable accommodation aspect of the ADA, employers seek to avoid making changes in the workplace. However, individuals with disabilities would often stay in the workforce longer if they would get accommodation.Ultimately, changing the language of the ADA to reflect making these accommodations would save the government money in the long run, by removing people from the welfare rolls, which, ultimately, would serve the public good–and would serve business–by avoiding higher taxes. Another limitation of the ADA is its lack of precision in matters of Internet access. The ADA is legislation of the 1990s; new concerns now exist in terms of online communication that might be addressed by a modified ADA. Although computers were online to a certain extent when the ADA was compiled, the Internet has become far more pervasive since that time.Technology does exist that enables individuals with hearing or visual impairments to use the Internet; however, what is the obligation to the employer to provide this costly equipment to a single employee? Would a refusal to provide this equipment be covered by the â€Å"undue hardship† area of the ADA, or would it constitute discrimination. Without an update to the language of the ADA, situations created by current and future technology will remain unaddressed. Rather than rely on the input of a small selection of interest groups, it would seem wise to widen the scope of information gathering for these proposed modifications.Community seminars could be used to form local focus groups, which in turn could produce reports to be compiled into a block of regional or nationwide research. These seminars would have the beneficial side effects of informing the public and enabling them to feel empowered as they provide their input on something that has an effect on their working lives. At the same time, these focus gr oups could serve to change the opinion of the public about individuals with disabilities, as some people in the general public have the impression that members of the disabled population do not want to work.In addition to these focus groups, councils formed by those individuals who work with the disabled community and members of the business community might be established to discuss and define an alternative to the terms â€Å"undue hardship† and â€Å"reasonable accommodation. † These and other questions should be addressed to improve both public perception of the ADA and its application in the business world Finally, changes could also be made to the ADA in terms of defining disability. Public perception of a person with a disability is that of a person in a wheelchair.This stereotyped perception leads to wheelchair ramps being installed outside of public buildings, such as schools, or even outside of some privately owned business and retail stores. However, not all disabilities are visible. Some individuals have disabilities related to heart disease or immunodeficiency diseases. These individuals often have difficulty breathing or lack energy and lack the ability to climb stairs. Their only alternative in these situations is that of walking long distances through these ramps, which may actually aggravate the conditions that they possess.By creating a more inclusive list of disabilities and their definitions that is reflective of these hidden and unfamiliar conditions, more appropriate accommodations might become more available to a greater portion of the disabled community. Conclusion Throughout the history of the profession, social workers have been involved in seeking social equality and social justice for people caught in an unequal and often unfair system. Within this role, social workers have often actively participated in the political process.Therefore, social workers have an obligation to lobby local, state, and even federal legislatur es to pass laws that grant businesses money to make the specific accommodations required by people with disabilities. Some funding already exists; however, it does not meet the needs of either individuals with disabilities or of the businesses seeking to accommodate them. The ADA created a new realm of opportunity for individuals with disabilities. However, while well intentioned, some of the aspects of the ADA are problematic. Economic results do not reflect the predictions made by the supporters of the bill before it passed into law.In addition, some areas of the ADA are in need of modification to reflect today’s concerns. Although the ADA is a stride in the right direction for individuals with disabilities, the journey toward equal rights and access for these individuals remains a long one. In truth, the ADA should not be considered a finished product, neither now or in the future. As society changes and the use of technology grows, the ADA will need to be redesigned and r edefined to take these changes into consideration. The future of the United States is formed by the future of its people, no matter who they are or what their abilities might be.For that reason, the ADA as it exists now should be considered the starting point, not the ending point, for this piece of legislation. References Boyd, S. (2002). Americans with Disabilities Act: How this act affects you and your business. Heritage, 6(3). http://bus. cba. utulsa. edu/buslaw/Articles/Americans%20With%20Disabilities%20Act. pdf Burke, T. F. (1997). On the rights track: The Americans with disabilities act. Comparative Disadvantages? Social Regulations and the Global Economy, Pietro S. Nivlola, Ed. Washington, DC: Brookings Institution Press. 242-318. http://bus.cba. utulsa. edu/buslaw/Articles/Americans%20With%20Disabilities%20Act. pdf Colker, R. (2005). The disability pendulum: The first decade of the Americans with Disabilities Act. New York: New York University. Eckert, J. M. (2003). People with disabilities, employment, & the workplace: A ready-reference guide for Illinois Businesses. Chicago: Statewide Independent Living Council of Illinois. Krieger, L. (2000). Backlash against the Americans with Disabilities Act: Interdisciplinary perspectives and implications for social justice strategies. Boalt Working Papers in Public Law.Retrieved 13 May 2007 from http://repositories. cdlib. org/cgi/viewcontent. cgi? article=1089&context=boaltwp Maheady, D. C. , & Fleming, S. E. (2005, Summer). Nursing with the hand you are given. Minority Nurse. 50-54. National Council on Disability (2003). When the Americans with Disabilities Act goes online: Application of the ADA to the Internet and the Worldwide Web. http://www. ncd. gov/newsroom/publications/2003/adainternet. htm National Organization on Disability. (2001). The top 10 reasons to hire People with disabilities. http://www. nod. org/index. cfm?fuseaction=page. viewPage&pageID=1430&nodeID=1&FeatureID=253&redirected=1&CFID=1307 6268&CFTOKEN=7389169 Power, P. W. (2000). A guide to vocational assessment. Austin, TX: Pro-Ed. Rubin, S. E. , & Roessler, R. T. (2001). Foundations of the vocational rehabilitation process. Austin, TX: Pro-Ed. Schwochau, S. , & Blanck, P. D. (2000). The economics of the Americans with Disabilities Act, Part III: Does the ADA disable the disabled? Berkeley Journal of Employment and Labor Law, 21: 271-313. Retrieved 10 May 2007 from http://www. boalt. org/BJELL/21-1/21-1-271. pdf

The effectiveness of Cognitive Behaviour Therapy in the treatment of Literature review

The effectiveness of Cognitive Behaviour Therapy in the treatment of Bulimia Nervosa - Literature review Example This research aims to evaluate and present the effectiveness of cognitive behaviour therapy in the treatment of Bulimia Nervosa. Illnesses have been around since the world started. They plagued the lives of all organisms throughout history. Plants, animals and humans can acquire different illnesses at certain points of their lives in one way or another. As knowledge takes on its advancement, the solutions or cure to these illnesses diseases have been developed and are constantly being studied to create better cures. With the availability of those cures, the lives of organisms are prolonged allowing them to survive longer. Even though cures are being developed and improved, the existence of different illnesses is continuously considered as one of the main concerns in medical profession. Some older drugs and therapies may not be effective for illnesses today which mean consistent research must be done to ensure the survival of humans and other organisms. In that case, illnesses capture the attention of scientists and medical practitioners alike as those illnesses are big threats to the lives of many. Also there are diseases that are not yet curable as there are no stable solutions for those problems yet. In response to that topic, it would help to focus on the very meaning of disease and how it affects the lives of all living beings. The very existence being searched for by scientists is the disease which is defined together with health. The World Health Organization defined health in 1948 as â€Å"a state of complete physical, mental, and social well-being and not merely the absence of disease or infirmity,† (Bonita, Beaglehole, and Kjellstrom, 2006, p. 15). That definition of health is very much ideal as it would be difficult to measure the well-being or to create the exact criteria. Making standards for the well-being was close to impossible with that statement or definition that made it bombarded with criticisms. Others may say that health is the absence of disease, so in order to define disease and clearly separate it from health, the following can specifically

How our lifestyle can affect and is affecting our Environment Essay

How our lifestyle can affect and is affecting our Environment - Essay Example This paper analyses how our life styles are affecting our environment. Air pollution, water pollution, generation of hazardous waste, and noise pollution are some of the major environmental problems caused by industries (Industrial Pollution, p.87). Majority of the industries emit harmful gases into the atmosphere which is causing atmospheric pollution. When living things forced to breath these toxic gases, various types of diseases may develop among living things including humans. Increased use of fertilizers, chemicals, and pesticides in agricultural fields is causing huge water pollution. When rain water flows through such agricultural fields, unused, fertilizers and chemicals will dissolve in the water and pollute it. people who use such water for drinking purpose may develop severe health problems. Nuclear power plants are constructed on a large scale at present in order to solve the energy crisis. The nuclear wastes produced from such nuclear power plants are dumping into the sea and other places. These nuclear wastes have the ability to liberate harmful radiations for thousands of years and cancer like health problems can be increased because of that. Heavy machineries are normally operating inside the factories. These machineries can generate huge noises which can generate noise pollution. Automobiles also can generate noise pollution.... Hydrocarbon emissions result when fuel molecules in the engine do not burn or burn only partially. Hydrocarbons react in the presence of nitrogen oxides and sunlight to form ground-level ozone, a major component of smog. Ozone irritates the eyes, damages the lungs, and aggravates respiratory problems. It is our most widespread and intractable urban air pollution problem. A number of exhaust hydrocarbons are also toxic, with the potential to cause cancer (Automobile Emissions: An Overview, p.2) The emissions from automobiles are causing severe threats to the atmosphere. Majority of the gases emitted by the automobiles are causing atmospheric pollution and other problems. Deforestation is another major manmade environmental problem. Trees absorb the dangerous carbon dioxide from atmosphere and liberate more useful oxygen to the atmosphere. In other words, dense forests which provide us fresh air or oxygen for breathing have given way for industrial units which liberates toxic gases to the environment. In other words the protectors of environment given way for the destructors of the environment. It should be noted that deforestation can cause climatic changes also. Refrigerators and air conditioners are essential things for the modern generation. People keep a blind eye towards the fact that these modern equipment are liberating CFC into the atmosphere which is capable of destroying the ozone protection above the atmosphere. Ozone covering above the atmosphere is necessary to prevent harmful radiations reaching on earth from sun and other stars. Reports from the European press states that Soviet Union is secretly dumping nuclear reactors and radioactive waste into the bordering seas (Rao, p.1). Nuclear waste disposal is another major environmental

Digital weaving Research Paper Example | Topics and Well Written Essays - 750 words

Digital weaving - Research Paper Example cess to information and the speed in which information today spreads to the rest of the world t has further enhanced the growth and development use of digital weaving. The computerized jacquard looms as well as the thread controller no. 2 (TC2) have been in use by different designers in creating weave pieces. Lia Cook and Catherine Amidei happen to be among the few fiber designers to show case their extra-ordinary art pieces to the world and reveal the role the computers play in the world of art today. Lia Cook is amongst the greatest fiber artists of the world and widely known for her remarkable contributions to the fiber art of the world. Having been a Professor of Art in one of the United States colleges in California-California College of Arts since 1976, she has gained a lot experience and useful in the fiber art production. The beauty of her work and her true talent has touched the hearts of many. Cook uses the digital Jacquard loom to create complex; very detailed and large-scale pieces of work of photos she had previously taken or old photos from her childhood (Weiss 10). In this regard, Cook weaves an image by use of the digital jacquard loom and makes it a monumental work that distinct itself from painting, weaving, photography or even the computer technology (Weiss 10-13). When one views Cook’s work from a distance, the images that is in black and white colors is clear and one can possibly identify the image and give a face to it since it looks like a real photog raph but when one is close enough to the image; ‘nose-to-nose’, the clarity of the image disappears and one notices that it is just a weaving and not the real photograph. Recently, Cook did integrate the use of ‘fiber tracks’ in her current fiber work. This is integration of neuroscience in art. It has been branded the art-neuroscience collaboration. Over the past few years, Cook has worked closely with a number of scientists to develop a brain-scanning machine that would reveal the

Commnication and Decision Making Essay Example | Topics and Well Written Essays - 1000 words

Commnication and Decision Making - Essay Example The reason why we have to lay off some of our employees is because the company has been experiencing some slow times over the last three months. This has been caused by the high prices of raw materials as well as high salaries. As a result, there is a need to cut costs since the company is not generating enough revenue as well as cash flow. The affected departments will be in a position to create sharp cost cutbacks for a brief episode of time. It is expected that the affected departments will be faced with more workload and the inventory turnover may be slow for a while. However, the company will suffer a one-time cost to gain subsequent annual recurring savings. Additionally, the affected areas overall output will less than the usual or poor productivity and the departments will need to readjust their work schedules and routines (Gandolf, 2008). The remaining employees are expected to display symptoms anxiety, inadequate commitment to the work, as well as lack of creativity. Staffs in the three departments namely; order processing department, the human resources department and the production department will be expected to be apprehensive of their jobs. It is also expected that people will start to view their colleagues as rivals. This will mostly likely affect the output. To ensure that there is no break of confidentiality, the departments’ managers will need to pay equivalentdevotion to the personnel who will be losing their jobs as well as those who will be remaining. For the employees who are being laid off, the departments’ managers will be required to afford fair severance, providechances for re?training, as well as outplacement resources. Again, for the employees who will be remaining, the departments’ managers will provide numerous two?way communication networks (particularly face?to?face) among leadership and personnel to provide them numerous chances to communicate their worries, ask queriesas well as deepen their comprehension o f the realities of business. The departments’ managers will need to makesure that those employees who will be remaining are conscious of the resources and support afforded by the firm to employees who will be out of work. This willmake a noteworthy difference to upcoming workforce productivity and mitigate the upsurge in the voluntary turnover, which follows each forced lay off (Gandolf, 2008). To aid in the ‘moving of forward’ as well as transition after the layoffs, the managers from theinvolved departments will be required to communicate efficaciously and often with the staff. It is expected that people will begin to reveal signs of fretfulness, lack of dedication, as well as a reduction in creativity and productivity. In the days and weeks to follow the layoff, the departments’ managers will need to come up with strong leadership stratagems to aid employees focus upon the primacies at hand as well as to re-devote themselves to the company. The managers will be required to hold frequent meetings with employees plus generate an agenda;enquire on how individuals are holding up, listen as well as respond empathetically; ask about the ‘rumors’ and either dispel or validate them; set well-defined, realistic, achievable short-term goals. The managers will need to be focused upon the department’s work; institute an open-door policy; as well as let staff be aware that they approach the manager with concern, information and questions. All these stratagems will aid the

Producer Theory & Existence of equilibrium Assignment

Producer Theory & Existence of equilibrium - Assignment Example There are J producers in an economy. For a producer j, yj represents combination of the quantities of all inputs and outputs. Yj is the set of input and outputs that are technically feasible for the producer j. Without any production in the economy the feasibility condition would imply that the aggregate consumption (input-output) is not larger than the aggregate endowment. If there is production, then the total resources allocated for consumption increase depending on net outputs of corresponding goods. In Arrow-Debreu model the producer’s want ‘profit maximization’ meaning that the input-output combination selected by a firm on a given a price should be such that no other input-output combination gives more profit. We have assumed here that the prices are fixed and firms choose inputs-outputs so as to maximize profit limiting itself to technically feasible combination i.e. yj ? Yj. There are other assumptions that need to be considered for example the one that i s often called the ‘free disposal’ assumption which is- the firm can add any amount of input without reducing output or if we look at it from the cost minimizing concept then it means to add input which can be disposed of at zero cost. If we â€Å"let p be an original price called by the Walrasian Auctioneer and let yj(p) the associated profit maximizing response.

Management Essay Example | Topics and Well Written Essays - 500 words - 29

Management - Essay Example Therefore, it is important for Intel to have a proper understanding and interpretation of its external environment. The external environment comprises of the political, economic, socio-cultural, technological, legal and environment aspects (Penrose 60). The political aspects of the external environment relate to the fact that Intel is a multinational company that operates in different states. In effect, the political stability of the country determines the manner in which the company penetrates the market. Politics tend to have great influence on other aspects of the market such as policy and the economy. The ideology adopted by political players determines the direction in which the economy takes and the manner in which the company operates. Intel took over four years negotiating with the Vietnamese government to be allowed to operate in the country. The economic and technological aspects of the environment go to the financial capacity and competitiveness of the various states. The recent economic down turn greatly affected the company’s profitability and level of investment in innovation and new technology. The legal aspect of the environment affects the manner in which the company operates in the specific environment. Unf riendly policies limit the extent of the company’s operations. The porter’s five forces analysis framework interrogates the environment on five main areas. The competition, the substitutes, consumer bargaining power, supplier bargaining power and the intensity of the competition, are the fundamental aspects of the external environment. The technology market is increasingly expanding, and it allows companies to specialize in particular fields. Intel is one among the largest semiconductor chip makers. The chipset industry has a diverse structure that engages different inventors and producers. The competition is differentiated buy the customer loyalty and the legal boundaries that

Commuication at Diageo Case Study Example | Topics and Well Written Essays - 3000 words

Commuication at Diageo - Case Study Example The details of the internal communication strategies by Diageo, as discussed in the case study, show that the all the different strategies implemented were mostly focused on the change management issues after the merger. One of the reasons for Diageo's internal communication to be successful is because both the upward and downward communication within the company is made easily possible (Ramgopal, 2008). The company's communication activities are in direct contact with strategies and plans; therefore Diageo sees every communication that is done is to achieve its business objectives. This is because even if all the top level management makes Diageo's business goals and objectives, it is the internal communication process that enables these goals to circulate within the organization (Armstrong, 2006). According to the case study, all the leaders in the company are encouraged to think of communication as a tool, which can play a role in achieving the company's goals. Another initiative in the communication process by Diageo, according to the case study, is the amount of information delivered to the employees. Employees at Diageo are informed about their role at the wider sense of the business. This helps in motivating the employee and once again implementing the concept of unification under the brand name. Another initiative in the internal communication process is the introductio... It has quarterly meetings through teleconferences and short period conferences. 12 top executives of Diageo participate in these meetings. In these meetings leadership community is the object of discussion and reform (Duncan, 2007). There are over 800 managers who are part of the leadership community at Diageo. At the leadership community they have introduced many new innovative ideas that can enhance the internal communication process at Diageo. These ideas include use of a new and imaginative buddy system - where all the top level managers and executives are teamed up with communications team. Each of them are assigned a ''buddy''; a communication guy. This can help in improving the communications skills of all those managers and executives. Then there is also the fortnightly update that is sent to the whole community (Robbins, 2009). That update is about all business developments and achievements, and is sent to the whole group by email, according to the case study. This helps in keeping all the leaders in the loop and once again imposing the brand building of the Diageo. This fortnightly update can also play a great role in the motivation of all the leadership community. Another tool to support the leadership community is through the company's own intranet. This is perhaps the most cost effective and simple way to keep the leadership community with over 800 members together and effectively in touch. According to the case study the intra net is password protected. Each member of the community have access to the information according to his or hers respective designation at Diageo (Clark, 2008). There are also many different activities at the leadership community;

A comparison of the environmental effects of using nuclear energy and Essay

A comparison of the environmental effects of using nuclear energy and coal energy - Essay Example A comparison of the environmental effects of using nuclear energy and coal energy Since the year 1974, there has been no new ground breaking for setting up new nuclear power plants although a number of nuclear reactor units have been constructed at these plants. However, there has recently been a revival of interest in nuclear energy and this new interest has largely been fostered by the Nuclear Power 2010 Program, which was established in the year 2000. There has been an increase in the number of nuclear reactors being constructed since 2010 in existing power plants, such as the one at Watts Bar, Tennessee. In spite of the resurgence of interest in nuclear energy, most of the projects, which have been set up for the construction of nuclear reactors have been recently cancelled. This is mainly due to the economic challenges that are currently gripping the nation as well as the negative reaction that came in the wake of the recent nuclear accidents in Japan. Officials in the nuclear industry state that they only expect about five new nuclear reactors to be working in the next eight years because of the hindrances, which have made most of their projects to stall. Since the beginning of its usage, there has been a lot of debate about the use of nuclear power in the United States and this has recently intensified due to talk of a coming renaissance in the use of nuclear energy (Terzo 1). Some of the most hotly debated issues concerning the use of nuclear energy have been matters concerning the public safety.

The Causes of Prohibition Essay Example for Free

The Causes of Prohibition Essay When federal prohibition was introduced in America with the 18th Amendment to the constitution in 1919 and the Volstead Act in 1920, it was often termed ‘The Nobel Experiment’. It didn’t take long for most people to recognise that the experiment had gone terribly wrong and that it was fostering what it was supposed to eradicate, crime, excess and corruption. But the question is why it was introduced in America in 1920 and to understand this issue, one has to look at the groups that campaigned against the American drinking culture, such as the Anti-Saloon League, as well as the general situation and the public opinion in America, including the fear of immigration. One of the groups that campaigned against alcoholic drinks in America were business executives. Including names as important as Ford and Rockefeller, they believed that alcohol undermined workers’ discipline and productivity and they even invested in scientific research in order to prove the negative effects of alcohol on the body’s health. Thus, they feared that drinks impeded profits and prosperity, which even led some employers to form the American Anti-Saloon League, which actively supported prohibition. Moreover other groups, such as soda manufacturers and tea merchants, tended to support prohibition as they hoped for increased sales as a result of people not being able to obtain alcohol. Therefore the business executives contributed to the federal prohibition by campaigning against it and they were heard as they were significant in order to keep the American economy going. Furthermore there was a great deal of political opposition to alcohol in America. The majority of supporters of the Republican Party were from rural small town America and they were traditionally anti-drink, which meant that the Republicans supported prohibition in order to keep their voters happy. But both Parties had members that saw alcohol as an obstacle to improving society. Moreover the Senate was biased towards rural America, which supported prohibition and from 1917 onwards all Senators had to be publically elected, which made them more inclined to follow public opinion. This helped prohibition as public opinion tended to support it. Thus the political opposition was the most significant reason for prohibition, especially as the Republican Party, which was in power at the time tended to support prohibition. Furthermore Protestants campaigned for prohibition and against drunkenness and violence. Particularly with the revival of protestant fundamentalism and extreme groups, like the Ku Klux Klan, in many areas particularly the rural and small town ones alcohol was blamed for morally corrupting the nation. They saw the drinking culture as the main reason for problems, such as crime, poverty and prostitution. These groups were large and often very influential, e. g. the Indiana Klan, which was a branch of the KKK, controlled large parts of the local government in Indiana. This meant that the revival and ideologies of protestant fundamentalism were a major reason for the federal prohibition. Additionally many women and feminists in particular blamed drinks for domestic abuse, family poverty and deprivation. They formed groups like the Women’s temperance league and the Women’s Christian Temperance Union, which campaigned against it and they were taken more seriously than ever after the female suffrage had been introduced in 1919. They also contributed to the establishment of prohibition by actually supporting pro-prohibition candidates. This makes them an important group to consider when looking at the reasons for the introduction of prohibition in 1920, however not as influential as other groups seeing that many women still opposed prohibition. Another reason for the introduction of prohibition was the issue of immigration and race. Many Americans and WASPs in particular associated immigrants with the drinking culture, especially the Irish and immigrants from the South, like Italians. This made them support prohibition as they feared that immigration would have negative economic effects and that immigrants would import revolutionary ideas, such as communism. Also Southern landowners wanted to prevent black labourers from getting distracted by drinks. And in addition eugenics became popular in US in the 1920s and their idea was that alcoholic genes could be passed down to the next generation, thus weakening the American race. Finally the situation after World War I created the perfect environment for such a radical change introduced on a federal level. Government interventionism and limiting the people’s freedom seemed more acceptable as there had been many restrictions. This meant that prohibition on a federal level would have probably been seen as too interventionist a measure, if it had been proposed at a different time making the First World War a necessary condition for the introduction of prohibition. Therefore the reason for the introduction of federal prohibition in America in 1920 was the fact that on the one hand there was a wide range of groups campaigning for temperance and against alcohol, the most important being business executives and politicians. On the other hand it being introduced directly after the First World War was also essential as it created the environment and the mindset necessary to introduce Federal Prohibition.

The Telecommunication Sector Digi Economics Essay

The Telecommunication Sector Digi Economics Essay The market organization is in the way in which a market is planned, derived from mainly on the quantity of firms in the business. The four essential market organization forms are perfect competition, monopoly, monopolistic competition, and oligopoly. The most important dissimilarity among each one is the amount of firms on the provide area of a market. Equally perfect competition and monopolistic competition contain a great amount of comparatively little firms advertising production. Oligopoly has a small amount of comparatively great firm with whereas, monopoly has an only firm. (Economic Glossary) At one side of the scale we position perfectly competitive firms, is firms that have no control over the price of wares they produce as shown in figure 1.2(refer to appendix). A perfectly competitive firm has to take any price for its goods the market offers, it is a price takers. Another end of the scale of market structure is the monopolies. A monopoly is a single firm that produces the whole supply of a particular good and gives the authority to put market prices before merely respond to them. All firms with such control are price setters. In the meantime the boundaries of monopoly (no competition) and perfect competition lies in different form of imperfect competition, including duopoly, only two firms supply a particular product, oligopoly, a few huge firms supply the most or entire of a particular product and finally the monopolistic competition, numerous firms supply effectively the same product, but each one enjoys considerable brand loyalty. (Schiller, 2009) In the telecommunication sector DiGi is a top mobile communications company given that an inclusive choice of reasonable, suitable and simple to use wireless services to make things much easier and develop the lives of its consumers. They build value for their customers through selecting the most suitable critical edge technology so that they profit from goods and services that give them option, ease and manage. (Jobstreet.com) DiGis financial performance in 2009, even though a hard working environment, Group profits rise by 2% to RM4.9 billion and our subscriber base grew by 8% compared to the earlier year. The small turn down in EBITDA margin to 43.3% for the year was an outcome of improved transfer and network working costs as well as transportable internet expansion costs and advanced allowance for doubtful debts due to the economy. Their operational cash flow of RM1.4 billion achieved in 2009 was above the RM1.2 billion we guided for the year. All the way through 2009, they continuously invest in their network. Total capex for the year was RM718 million. Of this, RM300 million- RM400 million was invested in increasing their mobile internet footprint and the balance was focused on ability and value enhancements of their 2G network, as well as service improvement. In 2009, they were awarded the Gold Award for Best In-house Customer call centre by the Contact Centre Association of Malaysia (CCAM). (DiGi A nnual Report, 2009) In 2010, they ongoing on an expedition to update our communications to develop the value of service and drive rate effectiveness. They invested RM720 million in capital expenses, of where a significant part is allocated for increasing their mobile broadband and mobile internet footprint. They also improved the ability and value of their 2G network to provide our rising amount of consumers. DiGi is benchmarked next to top service business organization considered through the Forrester Index to make sure their constant development in consumer skill. They launch a quantity of inventive promotion that set them distant in the competitive voice market in 2010. In the Prepaid sector, they were pleased that our DiGi Easy Prepaid proposition gained strong traction. All in all, our prepaid consumer support rise 13.0% year on year to 7.3 million while total income greater than before by 5.5% in the similar stage. (DiGi Annual Report, 2010) There are few characteristics of oligopoly in the telecommunication sector. There are three barriers to entry are economies of scale, ownership of a key input, and government-imposed barriers. The most important barrier to entry is economies of scale. The greater the market of scale, the fewer the quantity of firms that will be in the industry. If production of a good requires a particular input, then control of that input can be a barrier to entry. Firms sometimes attempt to have the government impress barriers to entry. The government also impresses barriers to entering several businesses by commanding tax and quotas on overseas competition. (R. Glenn Hubbard, 2008) Non-Audited financial statement for the second quarter of 2011, whole net operating profits improved with 9.95%, since MYR 1,335,096 thousands to MYR 1,467,998 thousands. Working effect declined from MYR 385,717 thousands to MYR 348,092 thousands which revenue75% transform.  Results of the period decreased -15.12% getting MYR 236,318 thousands at the end of the period aligned with MYR 278,408 thousands last year. Return on equity (Net income/Total equity) went from 20.08% to 18.97%, the Return On Asset (Net income / Total Asset) went as of 5.71% to 4.79% and the Net Profit Margin (Net Income/Net Sales) went from 20.85% to 16.10% when evaluate to the same period of last year. The Debt to Equity Ratio (Total Liabilities/Equity) was 295.83% compared to 251.90% of last year. Finally, the Current Ratio (Current Assets/Current Liabilities) went from 0.57 to 0.50 when evaluate to the previous year. (EMIS) Due to surrounded reasonableness and various consumption, customers find it hard to make head-to head cost-benefits comparisons and thus build the products appear to be to some extent non-homogenous a not completely substitutable for one another. These firms are also opposing and differentiating all the way through demand stimulus (shifting the demand curve) by organizing SMS contests, sponsoring shows like Malaysian Idol which support SMS voting, etc. where the SMS charges are priced much advanced than usual SMS charges in order to drive higher non-voice revenue and productivity as illustrated in figure by Maxis, Celcom and DiGis 2010 announcements below. (http://www.slideshare.net/amiwaleed99/maxis-economonics-assignment) TASK TWO An economic cycle is also known as a trade cycle or a business cycle which refers to the usual fluctuations in a market as a total. As Keynes describe, an economic phase is collected of cycle of excellent deal with increasing prices and high employment percentages, followed by periods of terrible trade with diminishing prices and high unemployment proportion. (Vengedasalam, 2007) Business cycle is discontinuous rises and declines in stage of trade and industry. A downturn is a stage of decline in whole production, profits and employment. This recession, which lasts 6 months or further, is marked by the well-known reduction of production activity in numerous sectors of the economy. A recession is more often than not followed by a recovery and development, a period in which real GDP, income, and employment grow as shown in figure 1.1(refer to appendix). (Campbell R., 2010) When we talk about increasing or constricting, we envision changes in the objective measure of goods and services produced. But the objective quantity of production is almost impractical to measure. So we measure the volume of production by its market price, not by its corporeal volume. Because prices differ from one year to another, GDP yardsticks must be adjusted intended for inflation. Assume that from one year to the next all prices doubled. So unadjusted quantify of nominal GDP would give us a false analysis, we may think production was speeding forward when in actual fact it was positioned still. (Schiller, 2009) In outlook toward the Malaysian economy, these are the impact of the business cycle for the past three years 2009, 2010, 2011 and the consequences faced by the government. In the year 2009, Bank Negara Malaysia has maintained a preventative advance to monetary policy. Previously in 2008, price increases was ascending because of the quick and considerable raise in provisions and power prices. The OPR, though, was left unaffected. The measurement of the Bank was that the food and energy price increases were hugely supply determined. Increasing interest rates beneath these circumstances would have a partial collision in containing inflation. This was the major deliberation within the assessment to keep up interest rates even though assertions that the Bank should have strictest monetary policy. Whereas household demand circumstances be fairly sound, the rigorous subside in exports, and the dejected economic viewpoint for quite a few of Malaysias main trade associates destined that major strategy maintain would be required to avoid the economy from inflowing a deep and extended downturn. With inflation decelerating, Bank Negara Malaysia frontloaded the interest rate cuts to reduce the market from a fast declining international economy. Overnight Policy Rate (OPR) its concentrated by the Bank by a total of 150 basis points beginning from November 2008 to February 2009 to 2% as shown in chart 1.1(refer to appendix). During a dilemma position, interest rate deduct with themselves are not satisfactory. Some corresponding procedures were also brought in to achieve particular sectors of the financial system. Therefore, as well as reducing rates of interest, the Bank besides introduced a amount of under attack procedures toward make sure sustained contact to financing, provisional expansion of security net, protection the cost of prosperity and actual profits of depositors and lessening extremely defenseless borrowers commencing the complete collision of the calamity. The decline in rate of borrowing in addition to procedures undertaken to make sure undisrupted credit flows to the economy were doing well in supporting financing action. Even though financing development measured in the beginning element of the year, credit flows had sustained although existing downturn circumstances in the household with exterior part of the economy. (Annual Report, 2009) Chart 1.2(refer to appendix) By the start year 2010, monetary indicators are signaling to facilitate the international downturn was retreating. International development was being lead through a recover within industrialized also an expansion in the stock cycle. Symbols of development are apparent from trade sales, customer self-assurance, and the accommodation markets. Global trade was as well starting to rise up. The amend in point of view was mirrored by the considerable growing reconsideration toward 2010 international development estimate by the IMF during January 2010 keep posted of the World Economic Outlook (WEO) as shown in chart 1.3(refer to appendix). In the meantime, price rises was predicted to ascend progressively but stay low all the way through the year. Procedures of interior rise and demand indicators recommended the possible materialization of demand through inflation later in the year, aligned with the upturn in require circumstances. Demand linked pressures on inflation, though, be predicted toward stay moderately self-effacing as shown in chart 1.3 and 1.4(refer to appendix). The work of financial implements becomes more diversify in 2010. Even though uncollateralized borrowings remain the major implement used (for 62.7% of incomparable economic policy implements), there be a substantial raise to securities base fiscal procedure instruments (2010: 37.3%, 2009: 20.2%). Bank Negara Malaysia Monetary Notes (BNMN for usual and BNMN-i for Islamic money markets) be ever more use in 2010 when there have be tough appeal for these securities by shareholder, mostly non-resident shareholder. These new organization would demand to a huge base of shareholder set the tighter conformity through Shariah supplies of diverse jurisdictions. In order by the visualization of Malaysia being an Islamic Financial Centre, the Bank will maintain toward grow original and supple Islamic monetary implement that are broadly suitable between international investors.(Annual Report, 2010) In the year 2011, financial display recommended that the upturn of the international economy was ongoing, even though the development presentation varies obviously across area. GDP development was predicted to stay vigorous at 5-6% as shown in chart 1.5(refer to appendix) for 2011. Inflation was estimated to rise in 2011 compared to 2010. Supply factors would be the most important source of inflation throughout the year. In December 2010 the amendments to the manage value of fuel goods would certainly increase heading price rises. Increasing worldwide force and provisions prices were likely to use rising force on firms expenses of production. Figures released in February in chart 1.5(refer to appendix) showed GDP development was constant at 4.8% in the fourth sector of 2010. Highly developed indicator and dealings of customer response keen to a sustained optimistic outlook designed for personal use. Comment beginning the Banks industrial actions recommended continuous development of service and income, which would be more sustain by the firm service value in the opening partially of the year. All the way through the year, the household money market and liquidity in the stock scheme be affecting by growth in the worldwide economic markets and unpredictable collection course. In general circumstances in the household money market, on the other hand, remained flexible to the worldwide financial confusion. Interbank markets sustained to function below a excess liquidity situation, among the entire contributor left behind as net lenders all through the year. As at end-2010 total excess liquidity increase starting from RM299.2 billion to as high as RM397.5 billion at June 2011 as shown chart 1.6(refer to appendix), before past it in the second half of the year. Quite a few raise schemes were apply in 2011 to raise the prepared effectiveness of monetary procedure and improve the diversity of capital market implement. The Range Maturity Auction (RMA) was completely operational throughout the year and develop into part of normal monetary process. (Annual Report, 2011) TASK THREE The telecommunications industry in Malaysia and the district is predicted to confront test in 2011 as of a growing voice market, fibre roll-out, and original technologies together with LTE as well as greater than ever consumer outlook. These are the few strategies used by these two companies Maxis and DiGi. The macro-economic environment in 2010 improves over 2009, a year during which performance of global financial markets exaggerated Asian economies. In opposition to the negative 1.7% recorded formerly, the Malaysian economy grew powerfully in 2010, registering a growth rate of 7.2%. Growth was fuelled by high confidential expenditure and continuous public division spending. On the other hand, the Malaysian telecommunications industry concerned many new entrants in the year beneath assessment, together with in the broadband sector. This, coupled with powerful competition in the midst of accessible players, reflected the gradually more challenging working environment. Customers continued to demonstrate a tough desire for mobile phone internet services and substance in addition to Smartphone and tablets. The varying scene has proposition for their company form with improved demands on margins. Their strategy for 2011 is divided into three parts, to get the most out of their voice company, to protected statistics admission management and access, and to distribute goods and services ahead of telecommunication sector. In accomplish this plan; we stay aggravated to deliver investor cost throughout presentation improvement, savings to protect continuous outlook profits flow and cautious economic organization. (Maxis Annual Report, 2009) (Maxis Annual Report, 2010) DiGi and the telecommunications sector in Malaysia in 2011 will certainly be an exciting year. Their industry will have a main part to play in building a first-class ICT infrastructure that will not only stimulate this development story but also build a more connected Malaysia in the course of a mature mobile internet and mobile broadband ecosystem. DiGi will maintain to aggressively attend to the growing demand for excellence statistics services in Malaysia. They continue dedicated to advance scheduled growing their complex marks that will also supply for superior rate capability, consistency and value of service. The group target to keep their tough development energy this year. They are aiming to obtain a reasonable distribute of the development in the mobile phone internet and portable broadband sector and further market sector. Being operationally capable will stay behind a main priority. (DiGi Annual Report, 2010) There are few responsibilities that DiGi wanted to do; control and expand existing accounts, accomplish effective account treatment during preparation of sales calls, handling enquiries from customers, gather round competitors information from consumers and providing market feedback, in charge for uncovering opportunities, advertising benefits of the full services of DiGi business and advertising adjacent to the competition, to do outbound calls from the given list/record of existing and potential customers, produce demand for DiGi business and direct in the selling process, and organize, price, negotiate and reference sales solutions as well as control daily forecast and opportunities.

Property Law Rights of a Tenant

Property Law Rights of a Tenant Part 1 In this scenario, Raj has allowed his sister-in-law, Joyce, to live in his property. The question is whether Joyce enjoys the rights of a tenant, or if she is actually a mere licensee. There is, in English property law, a crucial distinction between the tenant and the licensee; the former enjoying significantly greater and more secure rights than the latter. It is often not, however, a clear cut distinction. In the present case, the terms of the occupation agreement that the parties drew up will need to be considered. Firstly, the document itself needs to be considered. The first term of it expressly states that Joyce is living in Rajs house as a licensee, and not as a tenant or lessee (that is, that no lease has been created). The document itself, however, might well represent a contract, which would put Joyce in the position of a contractual licensee (following such cases as R v Tao (1977) ). Even a contractual licensee, however, enjoys no proprietary interest in the property in question, as was evidenced in the case of Ashburn Anstaldt v Arnold (1989). A contractual licence can be contrasted to a bare licence, which is simply a personal permission, granted in this case by Raj to Joyce, without Joyce paying consideration, for her to enter his property. The purpose of the bare licence is to provide a defence against an allegation of trespass, so long as the licensee does not overstep the permission of the licence, as happened in the case of Tomlinson v Congleton Borough Council (2003). A contract ual licence, by contrast, must involve (as in any contract) valuable consideration moving from the licensee. This was established by Megaw LJ in Horrocks v Forray (1976). Joyce pays a monthly rent of  £600 to Raj, and this could well qualify as the consideration put the licence agreement on a contractual footing. The second term of the occupation agreement states that Raj can nominate a third party to share the premises with Joyce. This relates to the issue of exclusive possession, which is an essential element of any lease or tenancy. This was described as â€Å"the proper touchstone† of a lease by Windeyer J in Radaich v Smith (1959). Two seminal cases highlighted this distinction between leases and licenses. In Street v Mountford (1985), Lord Templeman stated that a tenant is entitled â€Å"to keep out strangers and keep out the landlord unless the landlord is exercising limited rights reserved to him by the tenancy agreement to enter and view and repair.† In AG Securities v Vaughan (1990), however, it was held that a licensee has â€Å"no legal title which will permit him to exclude other persons†. The agreement in the present case expressly allows for Raj to install a third party at his wish. This certainly argues strongly against anything other than a license govern ing the situation. Certain factors, however, suggest that it is not such a simple case of Joyce being merely a licensee. She pays a periodic monthly rent of  £600, and the occupation agreement states that she will live there for a fixed term of four years commencing 1 October 2005. To return to Street v Mountford (1985), the House of Lords, in that case, identified three inherent components of a lease or tenancy. The first was exclusive possession, which has been discussed already, and which is not apparently in evidence in this case. The second, however, is that the lease or tenancy must be granted for a fixed or periodic term certain. This means that the maximum duration of the lease or tenancy must be clearly ascertainable from the outset. Although the strict application of this rule was relaxed somewhat, the principle was reaffirmed in Prudential Assurance Co Ltd v London Residuary Board (1992). The 2005 agreement that granted Joyce the right to live in Rajs house clearly identified a term of fou r years after which the right would expire. In this respect, then, it would seem that the arrangement more closely resembles a lease. This is also a characteristic, however, of the contractual licence. The third element identified in Street v Mountford was the consideration that was discussed above. This too would suggest the arrangement is more akin to a lease, or at least a contractual licence, than a bare licence. It seems, then, that although the arrangement shares some of the characteristics of a lease, the rights enjoyed by Joyce are, in fact, only those of the licensee; that is, a person whose presence is only grounded upon the personal permission of the licensor. Joyces position is stronger than that of a bare licensee, however, by virtue of the contractual arrangement. A further blurring of the limits in this area exists between contractual licenses and equitable or estoppel-based license, which has increasingly become proprietorial in character. A contractual licence does not, however, confer any proprietorial interest on the licensee, as was illustrated in Cowell v Rosehill Racecourse Co Ltd (1937) by Latham CJ who stated that â€Å"fifty thousand people who pay to see a football match do not obtain fifty thousand interests in the football ground.† A longer contractual licence, however, such as the one enjoyed by Joyce, for a period of four years, begins to resemble a proprietar y interest in Rajs property, despite the absence of a right of exclusive possession. It is in relation to this last area that the decisive factor is most relevant. That factor is that when determining whether Joyces occupancy is a tenancy or a licence, the parties intentions (which were clearly that a mere licence should be granted to Joyce) are largely irrelevant. In Aslan v Murphy (1990), the court found that its task was to â€Å"ascertain the true bargain between the parties†. A crucial case of relevance to the present one was that of Addiscombe Garden Estates Limited v Crabbe (1958), in which an arrangement which purported to be a licence was in fact held to be a lease. Despite the fact that Raj and Joyce clearly intended the occupancy to be on the basis of a licence, and the contractual agreement was labelled as a licence, the court is at liberty to overturn this if the reality is that Joyce enjoys a lease. It seems unlikely, however, because of certain terms of the agreement, that Joyce enjoys a sufficient proprietorial interest in the property to becom e a lessee or tenant; but rather her position resembles that of a contractual (as opposed to a bare) licensee. Part 2 Section 11 of the Landlord and Tenant Act 1985 relates to the repairing obligations in short leases. Briefly, it obliges the lessor (that is, the party owning the greater estate, usually the freehold, out of which the lease has been carced) to undertake certain works and repairs to ensure that the property remains in good working order. An example is the obligation on the lessor to â€Å"keep in repair the structure and exterior of the dwelling house (including drains, gutters and external pipes)†. In recent years, this section has been considered in a number of cases. A crucial case in the development of property law was Bruton v London Quadrant Housing Trust (1999). The relevance of section 11 to this case was that the claimant (or plaintiff as he then was) claimed that he was a lessee of the property in question, which was owned by the Trust. Of course, if he was a mere licensee, he would not benefit from the statutory protection afforded by the Act. The county court found that he was a licensee and there was therefore not any breach of section 11. The House of Lords overturned this, however. Subsequently, in Sykes v Harry (2001), the section was considered again. In this context, the issue considered by the court at first instance (and subsequently re-considered by the Court of Appeal was whether the landlords (that is the lessors) statutory duty under section 11 relating to the repair of properties subject to a short lease was co-extensive with the landlords contractual duty to keep in repair (that is, the obligation created by the lease instrument). Potter LJ stated that there is â€Å"implied into the tenancy a covenant by the tenant that the landlord may, at reasonable times of day, and on 24 hours written notice, enter the premises for the purpose of viewing their condition and state of repair.† Although at first instance the judge had found that the landlords duty to take care had been coextensive with the contractual duty of repair, the Court of Appeal overturned this using section 4 of the Defective Premises Act 1972, and the duties imposed on the landlord under this as the principal factor. Later that year, in Southwark London Borough Council v McIntosh (2001), section 11 was once again before the court. Here the property in question, which was owned by the council, became defective due to the effects of severe damp. The question before the court was whether the landlord (the council) was in breach of its section 11 duty of repair. The landlord appealed against a first instance decision that it was in breach, and the High Court said that the tenant had failed to establish sufficient evidence to the effect that the damp had been caused by the landlords breach of its section 11 duties. As such, there was no liability and the appeal was allowed. In Shine v English Churches Housing Group (2004), the question of damages awarded under section 11 was considered. The first instance judge had awarded damages to the tenant due to the landlords breach of section 11, but the Court of Appeal found these damages to be â€Å"manifestly excessive†. Research strategy My research began, in both instances, with a textbook. I used the contents page and the index of such books and Gray and Grays Land Law, 3rd Edition; and their Elements of Land Law to identify key sections, such as â€Å"lease† and â€Å"license†. I conducted some background reading on these two legal interests in property, in order fully to understand the potential issues relating to each. It became apparent that there is often a blurred boundary between the type of legal interest a party enjoys in a property, despite what that interest might be labelled as. Having conducted this initial reading of key sections in various textbooks, I began to look for specific cases in which the issue of the lease/license distinction, and the application of section 11 had been considered. For this I used both textbooks, and electronic resources. I accessed LexisNexis Butterworths online, and was able to start by doing basic keyword searches in the case locator engine. From here I was able to read the judgments in the various cases, as well as (in some instances) abstracts of the key issues. In researching section 11, I began by finding the statute itself at the Office of Public Sector Information (again, available online) and was able to locate cases where it had been considered and applied. BIBLIOGRAPHY Statutes Defective Premises Act 1972Landlord and Tenant Act 1985Law of Property Act 1925 Cases Addiscombe Garden Estates Limited v Crabbe [1958] 1 QB 513, CAAG Securities v Vaughan [1990] 1 AC 417Alker v Collingwood Housing AssociationAshburn Anstaldt v Arnold [1989] Ch 1, CAAslan v Murphy [1990] 1 WLR 766, CABruton v London Quadrant Housing Trust [1999] 3 All ER 481Cowell v Rosehill Racecourse Co Ltd (1937) 56 CLR 605Horrocks v Forray [1976] 1 All ER 737, CAPrudential Assurance Co Ltd v London Residuary Board [1992] 2 AC 386, HLR v Tao [1977] QB 141, CARadaich v Smith (1959) 101 CLR 209Shine v English Churches Housing Group [2004] All ER (D) 125Southwark London Borough Council v McIntosh [2001] All ER (D) 133Street v Mountford [1985] AC 809, HLSykes v Harry [2001] EWCA Civ 167Tomlinson v Congleton Borough Council [2003] UKHL 47 Secondary sources Gray, K. and Gray, S.F. (2003) Land Law, 3rd Edition (London: LexisNexis)Gray, K. and Gray, S.F. (2005) Elements of Land Law (Oxford: OUP)

The History of Auditing :: GCSE Business Marketing Coursework

The History of Auditing Abstract The evolution of auditing is a complicated history that has always been changing through historical events. Auditing always changed to meet the needs of the business environment of that day. Auditing has been around since the beginning of human civilization, focusing mainly, at first, on finding efraud. As the United States grew, the business world grew, and auditing began to play more important roles. In the late 1800’s and early 1900’s, people began to invest money into large corporations. The Stock Market crash of 1929 and various scandals made auditors realize that their roles in society were very important. Scandals and stock market crashes made auditors aware of deficiencies in auditing, and the auditing community was always quick to fix those deficiencies. The auditors’ job became more difficult as the accounting principles changed, and became easier with the use of internal controls. These controls introduced the need for testing; not an in-depth detailed audit. Auditing jobs would have to change to meet the changing business world. The invention of computers impacted the auditors’ world by making their job at times easier and at times making their job more difficult. Finally, the auditors’ job of certifying and testing companies’ financial statements is the backbone of the business world. Introduction Auditing has been the backbone of the complicated business world and has always changed with the times. As the business world grew strong, auditors’ roles grew more important. The auditors’ job became more difficult as the accounting principles changed. It also became easier with the use of internal controls, which introduced the need for testing, not a complete audit. Scandals and stock market crashes made auditors aware of deficiencies in auditing, and the auditing community was always quick to fix those deficiencies. Computers played an important role of changing the way audits were performed and also brought along some difficulties. A Brief History of Early Auditing Auditing has existed since the beginning of human society. Auditing was used mostly for the detection of fraud and was done through extensive detailed examination from ancient times until the late nineteenth century (Lee, 1988). Fraud was a great concern during the early history of auditing, because internal controls were not used or not used effectively until the twentieth century. The late nineteenth century was a turning point in auditing history, when laws like the English Companies Act of 1862 were enacted.

The Importance of Focus in the Business World Essay -- Business Admini

Let’s say in today’s competitive surroundings, marketers are attracting more global dynamic, and consumer determined. Consumers are requesting more choice, with enhanced worth and service According to Treasy and Wiesema (1995) page 68, companies will do well to consider four market disciples. There are four fundamental service theory based upon levels of focus (market focused, service focused, market and service focused and lastly unfocused. This is where focussed service operation comes in. in this essay going to define and talk about focused service operations , and point up how the aim can be practical to get enhanced understanding and also on how to improve performance in service operations. I will also talk about customer Retention and Intermediaries. When we say focus what does it exactly means in the business world? Focus can be explained as providing a fastidious part to consumers with a constricted choice of service to meet their needs. We come in contact with what we say service operations every day. We all are consumers or users of a broad choice of business and public services. Indeed numerous of us are liable for delivery services not only because of our jobs, in establishment such as firms, shops etc, other than also as routine of a daily like for people. Focused service operations are apprehensive through delivering services to the consumers or users of the service. It involves understanding the needs of your consumers; controlling the processes to delivering the services, and ensures your objectives are met adequately. Service then can be defined when the mixture of outcomes as well as experiences delivered to and receive by consumer. Customer thus judges the value of the service on understanding of th... ...de Coca-Cola a leader in the soft drink market. REFERENCES Derek R. Allen , T. R. N. Rao (1959) Analysis of Customer Satisfaction Data Phillip Kotler, Gary Armstong , Veronica Wong, John Saunders. Principles of Marketing ( 5th edition). Principles of Marketing (PAGE 385) Philip Kotler (EDITED Jan 2008) Principles of Marketing (PAGE 385) Steve Brown, Kate Blackmon, Paul Cousins, Harry Maylor. (2001) . Operation Management: Policy, Practise and Performance Improvement. Stuart. Ed, Crainer, Des. Dearlove Handbook of Management (3rd Edition 1995). Financial Times Series (PAGE 354) Timothy Keiningham and Terry Vavra (Edited 1 Sep 2001). The Customer Delight Principles: Exceeding Customer’s Expectations for Bottom- line Success (PAGE 78) Zemke, Ron Woods, John A. (Edition 1999). Best Practices in Customer Service (PAGE 38) The Importance of Focus in the Business World Essay -- Business Admini Let’s say in today’s competitive surroundings, marketers are attracting more global dynamic, and consumer determined. Consumers are requesting more choice, with enhanced worth and service According to Treasy and Wiesema (1995) page 68, companies will do well to consider four market disciples. There are four fundamental service theory based upon levels of focus (market focused, service focused, market and service focused and lastly unfocused. This is where focussed service operation comes in. in this essay going to define and talk about focused service operations , and point up how the aim can be practical to get enhanced understanding and also on how to improve performance in service operations. I will also talk about customer Retention and Intermediaries. When we say focus what does it exactly means in the business world? Focus can be explained as providing a fastidious part to consumers with a constricted choice of service to meet their needs. We come in contact with what we say service operations every day. We all are consumers or users of a broad choice of business and public services. Indeed numerous of us are liable for delivery services not only because of our jobs, in establishment such as firms, shops etc, other than also as routine of a daily like for people. Focused service operations are apprehensive through delivering services to the consumers or users of the service. It involves understanding the needs of your consumers; controlling the processes to delivering the services, and ensures your objectives are met adequately. Service then can be defined when the mixture of outcomes as well as experiences delivered to and receive by consumer. Customer thus judges the value of the service on understanding of th... ...de Coca-Cola a leader in the soft drink market. REFERENCES Derek R. Allen , T. R. N. Rao (1959) Analysis of Customer Satisfaction Data Phillip Kotler, Gary Armstong , Veronica Wong, John Saunders. Principles of Marketing ( 5th edition). Principles of Marketing (PAGE 385) Philip Kotler (EDITED Jan 2008) Principles of Marketing (PAGE 385) Steve Brown, Kate Blackmon, Paul Cousins, Harry Maylor. (2001) . Operation Management: Policy, Practise and Performance Improvement. Stuart. Ed, Crainer, Des. Dearlove Handbook of Management (3rd Edition 1995). Financial Times Series (PAGE 354) Timothy Keiningham and Terry Vavra (Edited 1 Sep 2001). The Customer Delight Principles: Exceeding Customer’s Expectations for Bottom- line Success (PAGE 78) Zemke, Ron Woods, John A. (Edition 1999). Best Practices in Customer Service (PAGE 38)

Abortion - A Freedom Of Choice Essay -- Pro Choice Pro-Choice essays r

During the last twenty-five years, abortion has been one of the most heated topics being debated in the United States and Canada. The only topics that equal the abortion debate are race and war. Abortion is a discussion of human interaction where ethics, emotions, and law come together. There are people that have different views of abortion but no matter what their view is they fall under a thin line. There is the pro-choice and the pro-life. These are the only two categories that people’s views fall into. A pro-choice person would feel that the decision to abort a pregnancy is that of the mothers and the government has no right to interfere. A pro-lifer would hold that from the moment of conception, the embryo or fetus is alive. Since this embryo or fetus is alive and is a person you have no moral right to abort a life. If you aborted the life (person) you would be committing murder. The word â€Å"murder† is mainly used by pro-lifers to describe what happens when you abort an embryo/fetus. Murder means deliberate and unjustified killing of another person containing intent. How can anyone tell a woman that they can’t abort an embryo/fetus to interrupt a pregnancy if it is a result of rape or incest? A women cannot bear the thought of having a child that would be a constant reminder of what happened on such and such a day, such and such number of years ago. The mother doesn’t want to kill a baby; she wants to interrupt the growth of an embryo so that it will not become a baby. The mother interrupts potential life. If the mother aborts the embryo at a very early stage it’s not even recognizable as human and that’s why potential life is just that, potential. My personal belief is that each woman has the right to decide whether she wants to abort an unwanted pregnancy. Remember the termination of the pregnancy might have to do with the health of the mother herself, maybe the mother is unable to attend to the child’s needs after its born, resulting in child abuse and mental disease. In these situations abortion is a must in my opinion. Most abortions occur because contraception fails, because of a rape or because of a serious medical condition of the mother, which could lead to her death. In these situations abortion is often the only way that prevents the birth of an unwanted child or saves a mothers life. In the world today pregnancy often has catast... ...eering there are many pros and cons for each. What it mainly comes down to is how each individual perceives each situation of abortion and genetic engineering. If one person sees abortion as a women’s choice and can back up his views with proof that it would be better for the mother, then do not try to destroy their views. If a person sees abortion as killing a life and they want to abolish abortion, then let them have a chance to voice their opinions. Remember that it is good to have views from both sides because then people aren’t always seeing in tunnel vision. When looking at genetic engineering I hope people realize that this field of science could be very good to society and also very detrimental. So what ever our society decides to do with abortion and genetic engineering, remember the effects that could happen to the world as a whole. God gave us freedom of choice and if He, as a God, gives all of us this freedom, what right do we have to take it away from peoples opinions? Bibliography â€Å"Induced Abortion Worldwide.† Online. The Alan Guttmacher Institute. Available: http://www.agi-usa.org/pubs/ib_0399.html. May 1999. Abortion - A Freedom Of Choice Essay -- Pro Choice Pro-Choice essays r During the last twenty-five years, abortion has been one of the most heated topics being debated in the United States and Canada. The only topics that equal the abortion debate are race and war. Abortion is a discussion of human interaction where ethics, emotions, and law come together. There are people that have different views of abortion but no matter what their view is they fall under a thin line. There is the pro-choice and the pro-life. These are the only two categories that people’s views fall into. A pro-choice person would feel that the decision to abort a pregnancy is that of the mothers and the government has no right to interfere. A pro-lifer would hold that from the moment of conception, the embryo or fetus is alive. Since this embryo or fetus is alive and is a person you have no moral right to abort a life. If you aborted the life (person) you would be committing murder. The word â€Å"murder† is mainly used by pro-lifers to describe what happens when you abort an embryo/fetus. Murder means deliberate and unjustified killing of another person containing intent. How can anyone tell a woman that they can’t abort an embryo/fetus to interrupt a pregnancy if it is a result of rape or incest? A women cannot bear the thought of having a child that would be a constant reminder of what happened on such and such a day, such and such number of years ago. The mother doesn’t want to kill a baby; she wants to interrupt the growth of an embryo so that it will not become a baby. The mother interrupts potential life. If the mother aborts the embryo at a very early stage it’s not even recognizable as human and that’s why potential life is just that, potential. My personal belief is that each woman has the right to decide whether she wants to abort an unwanted pregnancy. Remember the termination of the pregnancy might have to do with the health of the mother herself, maybe the mother is unable to attend to the child’s needs after its born, resulting in child abuse and mental disease. In these situations abortion is a must in my opinion. Most abortions occur because contraception fails, because of a rape or because of a serious medical condition of the mother, which could lead to her death. In these situations abortion is often the only way that prevents the birth of an unwanted child or saves a mothers life. In the world today pregnancy often has catast... ...eering there are many pros and cons for each. What it mainly comes down to is how each individual perceives each situation of abortion and genetic engineering. If one person sees abortion as a women’s choice and can back up his views with proof that it would be better for the mother, then do not try to destroy their views. If a person sees abortion as killing a life and they want to abolish abortion, then let them have a chance to voice their opinions. Remember that it is good to have views from both sides because then people aren’t always seeing in tunnel vision. When looking at genetic engineering I hope people realize that this field of science could be very good to society and also very detrimental. So what ever our society decides to do with abortion and genetic engineering, remember the effects that could happen to the world as a whole. God gave us freedom of choice and if He, as a God, gives all of us this freedom, what right do we have to take it away from peoples opinions? Bibliography â€Å"Induced Abortion Worldwide.† Online. The Alan Guttmacher Institute. Available: http://www.agi-usa.org/pubs/ib_0399.html. May 1999.