Saturday, August 24, 2019
Charachter Critique Essay Example | Topics and Well Written Essays - 1500 words
Charachter Critique - Essay Example She cared for the people on earth and helps those who infected with AIDS. She started over a thousand foundation, however, the first one she started, was without any funds, which shows how compassionate and she was ambitious to do something for the well being of people. The objective of her life was to care for people and she spent 60 years of life in the slums of Calcutta. She helped the poor by giving them food, clothing, shelter and she was particularly devoted to helping the sick like lepers. She even cared about those people, who were dying or those who were abandoned by their loved ones. However, it wasnââ¬â¢t easy; she faced a lot of difficulties, extremely challenging situations and she had to put herself through a lot of hardships. This personality trait of her teaches people to take care of others, even if means sacrificing your own needs and desires. There is a quote of hers, which states, ââ¬Å"I for one do like the worldly comforts and I am sure you do too. And you know what, thatââ¬â¢s perfectly fine. Donââ¬â¢t let anyone tell you otherwise. Just donââ¬â¢t be wastefulâ⬠. (Marques). The second personality trait of Mother Teresa was her strong faith. She faced many challenges in her life, because providing for the poor and taking care of them wasnââ¬â¢t an easy task. Faith was perhaps her solid foundation, which didnââ¬â¢t tremble when she faced difficulties; her faith taught her the core values of life, which was to take care of the poor and love them. She stated that, ââ¬Å"In this life, we cannot do great things. We can only do small things with great love.â⬠The presence of her strong faith was the reason why Mother Teresa did so many things for the human kind. As she was inspired by Jesus, she involved herself in charity life and lived simply like him. She even believed that the God called her Himself and instructed her to work for the benefit of mankind. She left her convent in 1948 and opened her first charity organization, a home
Friday, August 23, 2019
How the Hubbell telescope is an innovation in science Essay
How the Hubbell telescope is an innovation in science - Essay Example The Hubble Space Telescope (HST) is 43.5 feet (13m) long and weighs a massive twenty-four thousand five hundred pounds (11,110 kilograms). The (HST) is quite complex as even the main reflective mirror on the inside is seven feet ten inches (2.5m). It still today holds the title of the most impressive telescope ever built. During its cycle of rotation, this 2.2 billion dollar unit can orbit planet Earth more than fifteen times the hours in one twenty-four hour day. It is capable of transmitting heavy amounts of information data equivalent to filling ten thousand floppy disks completely full. On April twenty-fifth nineteen ninety, a theoretical astrophysicist Lyman Spitzerââ¬â¢s research proposals of a working space telescope became a reality as the space shuttle Discovery deployed the Hubble Telescope into space. Being named after the great Edwin Hubble himself, it began on its course of data collecting that would forever change the way that the scientific community analyzed astron omic data and measurements. Capturing some of the most incredible photos, the Hubble has made many successful discoveries including helping scientist to determine the age of the universe. Thus far the massive Hubble Telescope has accomplished many feats. From the discovery of black holes to the probing of several different galaxy centers, the (HST) continues to prove to be an innovation to science providing answers to profound and complex astronomic equations. A major difference that distinctly separates the Hubble Telescope to be in a league of its own is the fact that when using earth bound telescopes, scientist could not clearly see the objects that were deep in space because light from the atmosphere causes fuzzy images and distorts the light waves within the visible spectrum of the telescopes view. The Hubble however, was created with the power to
Thursday, August 22, 2019
Business Ethics Coursework Example | Topics and Well Written Essays - 12500 words
Business Ethics - Coursework Example 1.2.4 Importance of business ethics and morality in the working environment 12 1.3 Problem of Statement 14 1.4 Purpose of the study 14 1.5 Significance of the study 15 1.6 Scope and limitations 15 1.7 Definition of terms 15 1.8 Summary 17 Chapter two 18 Literature review 18 2.1 introduction 18 2.2 history of the research 18 2.3 Review of business Ethics 19 2.4 Business ethics and profitability 24 2.5 Summary 26 Chapter three 27 Research methodology 27 3.1 Introduction 27 3.2 Research methods applied 27 3.2.1 Quantitative research methodology 27 3.2.2 Qualitative research methodology 28 3.2.3 Justification for using the quantitative and qualitative research methodology 28 3.3 Techniques of data collection 28 3.3.1 Primary data collection protocols 29 3.3.3 Selected data collection protocols 30 3.4 Theoretical Framework 30 3.4.1 Variables used in the study 30 3.4.2 Rationale for selecting and using the variables selected 32 3.5 Research subjects 32 3.5.1 Research data parameters 32 3.6 Designing the questionnaire 34 3.6.1 Description of the questionnaire used 34 3.6.2 Categories of the question used 35 3.6.3 Sources of information 36 3.7 Conducting interviews 36 The Research Questionnaire 36 The interview questions 40 Questions to the employees 40 Question to the management 41 3.8.1 Collecting information from previous works 42 3.8.2 Company reports 42 3.8.3 Study of governmental guideline and policies 42 3.9 Summary 42 Chapter four 43 Results and Discussions 43 4.1 Results from the questionnaire 43 4.1.1 Size of the firm 43 4.1.2 Management levels/organizational structure 44 Figure 4.1: hierarchical organization structure 44 Figure 4.2: hierarchical organization structure 45 4.1.3 Code of ethics 46 4.1.4 Updating of...Previous study shows that morality and business ethics is not only an important and compulsory part of business success, but also a methods of fostering cooperation and honesty among its workforce as well as encouraging candor towards the societal and philosophical issues about the business responsibility in contributing to the community welfare and Environmental preservation. The researcher in this paper studies the morality of business ethics in a profitable organization. The researcher investigative edge is to determine the effects of morality to the triumph of any organization, determine any incentives given to augment morality in the business environ as well as examine whether ethical issues are mandatory and obligatory for the success and operation of any corporation. Qualitative and quantitative research methods are applied to carefully study the business milieu with the view of drawing a conclusive result on the issue. The researcher also formulated questionnaires and relied on first hand information to investigate the complex aspect of morality in business from a multidimensional view. The term business ethics can be defined as accepted or prescribed code of conduct in the business atmosphere. Ethical principles govern the operations of the business environment and incorporate all aspects of the industry conduct, conduct of individuals and organizations as a whole.
Technical Writting Essay Example for Free
Technical Writting Essay Company Introduction Texans r Us is in search of a Microsoft trainer to train the staff in Microsoft Office Programs. This Request for Proposal (RFP) will layout the company background and scope of work and will describe the project. If your agency would like to be considered for this project submits a written proposal that concentrates on the points of this RFP no later than Feb 18, 2013. The goal of this project is to fully train the staff of Texans r Us in Microsoft Office Programs. Upon completion of the training each staff member will be proficient in Word, Excel, PowerPoint and Outlook. Project Introduction The goal of the project is to have the entire staff of Texans r Us trained in Microsoft Office programs. Texans r Us consist of four to five employees per location with five locations. The timeframe for this project is as follows: * October 18: Distribute RFP to various agencies * October 22: Deadline for agencies to submit proposals. * October 25: Texans r Us will be available for agency inquiry. * November 8: Contact agencies that will be considered as well as agencies that will not be considered * November 15 ââ¬â 19: Agencies will be presented to team members * November 22: Contact agency chosen and draw up contract. *November 29: Start date for new agency and meeting with team members. The budget for 2013 training will be prearranged by Texans r Us when agency is elected. The range for the budget is $20,000 $30,000. Administrative information The desired qualifications for the selected agency: * Microsoft Certified Professionals. * Client references. * Excellent writing and verbal skills. The required format for submitting proposals are to include a title page, letter of transmittal, executive summary table of contents and list of visuals. There should also be an introduction and a clear and concise plan for executing the project All proposals submitted will become the sole property of Texans r Us and will not be shared with second or third party clients. If there are any further questions please contact Eli Mata at 555-555-5555.
Wednesday, August 21, 2019
Use of Gender in Advertising
Use of Gender in Advertising Gender and Media Advertising. Introduction: The final dissertation will research, analyze and summarize the findings pertaining to the use of gender in advertising and the possible effects on the target market and society. The media advertising covered to include both print and electronic media and will, at minimum, encompass examples from magazines, television and Internet advertising, as they are the most pervasive within western society. A brief history of advertising and common techniques used in advertising, such as branding, to be included as background information. Methodology.à Content analysis to be done on selected major advertising campaigns in the three specified media of magazines, television and Internet. Additional quantitative analysis tools will be used, where required. Bodyà The research question to be addressed is: Identify and analyze the use of gender in media advertising, and its probable effects on society and summarize the findings. Provide background information on the historical and ethical use of advertising, including marketing techniques and refer to key proponents of the subject. For the purpose of the dissertation the following definitions will be applied throughout Genderà (http://en.wikipedia.org/wiki/Gender): ââ¬Å"the characteristics, whether biological or socially influenced, by which people define male and female.â⬠(Myers, 2002)Advertising (http://en.wikipedia.org/wiki/Advertising) Generally speaking, advertising is the promotion of goods, services, companies and ideas, usually by an identified sponsor. To achieve the required results, information and advertisements will be gathered from multiple sources; including magazines with different target audiences, television advertising and related articles, as well as Internet sites that promote specific products. Internet sites to include both product sites which are selected by the consumer and pop up advertising which is unsolicited. The content analysis of the data will take into consideration the techniques used, how appropriate the gender usage is related to the nature of the product being marketed and the target audience. The results to be summarized, categorized and reported based on the different media being evaluated as they use differing marketing techniques. This could result in gender content in advertising being less appropriate in certain mediums, based on the target audience and whether the target had the choice to select the specific advertisement. Printed media provides standard content for all consumers who view or purchase the magazine Television advertising is timed, niche type marketing to gain the attention of the most likely target market e.g. car related products advertised during NASCAR racingà Internet advertising is often one-on-one marketing based on the specific consumers past usage of Internet sites and information gathered by marketers on consumers from their web sites. e.g. Amazon analyze purchases made and then advertise selected products based on this history data to that individual consumer Certain products advertise using all of the above channels and are likely to prove to be good examples for inclusion in the dissertation. They will provide a total view of a productââ¬â¢s advertising strategy, as well as have a broad effect on society. Such products advertising could include additional channels, such as billboards and cinema advertising and this should be noted and included, where applicable. Where possible, marketing research carried out by the products marketing company will be included to validate the target markets and identify their marketing strategies. à The analysis must include the use of both men and women in advertising and the results need to identify and specify the differences and similarities in the use of both in the specific advertisements. à For this to provide a balanced comparison, the products for both sexes should be comparable, e.g. apparel. In addition to specifically looking at the effects of gender in advertising, any product that displays misleading facts, either by inclusion or omission of relevant facts, in any aspect, is to be investigated and included in the results. I believe that the dissertation will show that there are many examples of gender being included inappropriately by the media. If the introduction of a specific gender in an advertisement has no bearing on the product or the usage thereof, and is included only to engage the interest of the potential consumer, the inclusion is likely to be unnecessary and probably inappropriate. Such misuse could result in a number of negative effects on the consumer, for example Raises false expectations of the effect of the product being marketed Creates stereotypes in the minds of the general public which are erroneous Literature review As part of the analysis, identify and read up articles from key authors on the subject matter and include their findings relating to gender issues in advertising and any other appropriate sources outputs in the dissertation. Assumptions The dissertation is limited to advertising for an adult market and will not include marketing specifically aimed at children or teens. The study will only include media in English that is primarily used in the western world If specific print magazines, periodicals, companies or advertising campaigns are to be included in the study, this will be stated by the client The dissertation relates to advertising directed at the general public and therefore excludes business-to-business marketing and advertising strategies. Possible Limitations The topic will be limited to media advertising in English speaking, western society only, although I believe the use of gender in advertising could have a far greater negative impact in the Middle and Far East. The culture of consumers differs across Europe and the Americas and certain cultural groups will view advertisements differently. If the advertising has been customized by country or region to accommodate differing cultures, this could fragment some of the results. Conclusion: The choice of suitable products and the media advertising utilized is vital to the quality of the final dissertation. Tables and graphs to be included to illustrate the findings, where applicable. The dissertation will summarize the findings of the analysis carried out and document both the negative and positive aspects of gender usage as studied in media advertising. Any unethical practices identified which result in misleading the target market to be included, regardless of whether they specifically relate to the inclusion of gender bias.
Tuesday, August 20, 2019
Does the Market System Best Allocate Resources?
Does the Market System Best Allocate Resources? In order to accurately examine the belief that the market system best allocates resources and encourages positive investment climate we must look at the functioning of the market system, resource allocation and the criterion within a positive investment climate. A Market System is a system where buyers and sellers interact without the intervention of government regulations. Inherent in this system is the concept that sellers want to gain maximum price for the goods, services and resources offered and buyers want to receive value for the lowest price. The balance of this relationship leads ultimately to the market equilibrium price. However, important to note in this system is that all factors external to the Market have no effect on this relationship that is government regulations or policies. Resources are therefore strictly allocated to the production of those goods which give the sellers maximum return and correspondingly give the consumers the maximum satisfaction of their wants at a market price. Within the Market system resource allocation is heavily dependent on the variations of the price of the resources themselves. Price acts as an indicator to both the consumers and the sellers within the market (Price Signals as Guides for Resource Allocation, Anon, n.d.) To be explicit given accurate price information the sellers will use high priced scarce raw materials, (e.g copper market) or resources to produce goods of high value. Likewise only those consumers who see benefit in consuming those higher valued goods will demand them therefore achieving balance within the system. Similarly where the price of a readily available resource is low it will be allocated by the resource users for use to produced goods in a lower valued tier and consumer behavior will also react accordingly. To summarize, the shifts in the price of privately owned resources within a free market results from the shifts in the demand and supply of the resource i.e. capital, labor, raw material. This is believed to lead in turn to efficient resource allocation by the resource owners through: (Expanding the supply) Reallocating resources to the production of high priced goods. (Contracting supply) Reallocating resources away from the production of low priced goods. Reallocating resources to production of goods in high demand by consumers in order absorb excess demand. Reallocating resources away from the production of goods in low demand in order to absorb excess supply. Therefore efficient allocation of scarce resources is based on private consumption, production decisions or a combination of both at the market equilibrium price. The investment climate itself is determined by several factors which affect the investment choices, opportunities and the resultant benefits gained by a firm or investor. A good investment climate encourages efficiency and productivity in order to increase profits and therefore increase capital available for investment (Investment Climate, Anon, n.d.). We must recall that the market system itself encourages producers to allocate resources such that they are put to use where there will be no wastage at the market price i.e. Pareto optimal allocation (Griffiths and Wall 2008 p. 212). Therefore we can say that the market system fosters efficiency within the business environment through full utilization of investment capital, machinery and labor. Essentially this indicates that the market system encourages a positive investment climate. It can be said that the creation of employment and market expansion is an indicator of a positive investment climate. As established, the market system is such that, where opportunities exists for both expansion into new markets or producer output to be increased, the private owner of the resources will act in response . For example, all things being equal, increased consumer demand for natural gas converted cars in Trinidad and Tobago would lead to increased production of scarce natural gas and new suppliers followed by increased job opportunities. From our examination of the market system and scarce resource allocation within it we have seen why it is believed by some that the market system is the best mechanism for allocating scarce resource. This is justified through accurate market price signals and the resultant efficiencies created and the positive effects these have on the investment climate. Bibliography http://livingeconomics.org/article.asp?docId=232 http://www.amosweb.com/cgi-bin/awb_nav.pl?s=wpdc=dspk=pure+market+economy References http://www.investopedia.com/terms/i/investmentclimate.asp PURE MARKET ECONOMY, AmosWEB Encyclonomic WEB*pedia, http://www.AmosWEB.com, AmosWEB LLC, 2000-2010. [Accessed: November 10, 2010]. 746 Q.2 Why do some people believe that not everything can be left to the free market, but that governments also have a role to play in encouraging a positive investment climate? Explain your reasoning. In order to explore why some may believe that everything cannot be left up to the free market but government has a role to play in fostering a positive investment climate we must first look at what constitutes a good investment climate. The World Bank Report (2005) declared that a good investment climate is not one only centered on profit generation but one which cultivates benefits to society as a whole. Taking into consideration the free market system and its characteristics it is established that in this system exists: Private ownership of the scarce resources. The private needs and wants and or production decisions influence the allocation of scarce resources. Profit maximization as aim of producers. That is to say the free market system does not factor in the needs of society in pricing or distribution of scarce resources. The market system is such that scarce resources are allocated to the production of those goods whose market price yields maximum gain. However, in the production of these goods in the pure market system will to certain effects. These effects are known as Externalities. It is known that externalities occur when economic decisions create costs (negatives) and benefits for people other than the decision taker (Griffiths Wall, 2008). Externalities often lead misallocation of the scarce resources (Griffiths Wall, 2008, p. 35). These misallocations of scarce resources in the free market may occur where: The social benefit of production is not maximized as opposed to the private benefit of the production (profit maximizing firm). The social cost of production is less than the private cost. Where these situations are left unchecked, as will occur in a free market system, they will lead to over production and under production respectively (Griffiths Wall, 2008, p.283 p.284). There are other ways in which the free market will lead to misallocations such as in the provision of public goods, These would not be produced by the market system since no private benefit would be gained. Additionally where imperfect information exists within a market it can lead to misallocations (Griffiths Wall, 2008). This is especially important since the consumer and producers within a free market depend on information in order to allocate their resources i.e. capital. For example where a firm will make false claims about the high quality product which have not been verified by a government agency, this will lead to consumers using this product based on these claims. This will in turn signal to producers to elevate to higher production levels. The market system also has inherent failures for example natural monopolies and externalities. Where monopolies We must now consider what role the government plays in offsetting these inefficiencies and encouraging a good investment climate. As discussed previously a positive investment climate is one which considers the needs of the society. Therefore one important role the government plays in fostering this climate is in the provision of public goods, for example the police force for maintaining order in society. This also leads to trickle down benefits to the firm in terms of a stable society and deterrent to crime which is a cost to the firm (World Bank Report, 2005). The government can also seek to create opportunities for employment which is hallmark of a good investment climate. This may be done by providing incentives, financial or otherwise, to firms who introduce youth apprenticeship programs. The World Bank Report (2005) says that government has to control the markets through macro and micro economic policy. This may occur specifically in the form of regulations and also taxation. Consider where an environmental tax is introduced for firms producing a product with a dangerous chemical byproduct. This passes on the true costs of production to the firm. These capital gains by government can then be reinvested into society. Whilst the free market may allocate resources it is important to remember this allocation is based on profits and price signals. The government must therefore control the direct factor markets to some extent to bring fairness and stability. This may be achieved through minimum wage legislation or controls on the trade union powers. As we have seen the free market system on its own will lead to inefficiencies and misallocation. If a positive investment climate is to be fostered the government must interject in the form of macro and micro economic policies. Ideally this intervention results in a duality of benefits to both the firm and the society in the form of expanded growth and opportunity for all (The World Bank, 2005). Suggest some actual government policies that might be used in your country (name the country) to improve the investment climate. Explain your reasoning. The World Bank (2005) suggests that a good investment climate benefits society as a whole, not just firms. And it embraces all firms, not just large or politically connected firms. The government plays a central role in furnishing the improvement of the investment climate through use of policies and regulations. Let us examine some government policies that might be used in Trinidad and Tobago to facilitate the improvement of the investment climate. In Trinidad and Tobago there exists a problem within the land market of unregistered residential properties, with most residential properties being unregistered. As a result transactions within the property market have become an extremely complex and expensive process. This has resulted in a small supply of registered lands being available for purchase, as a consequence, property ownership and even rental in some cases, is only within the reach of the rich. I suggest that the Trinidad government adopt a housing policy that promotes property ownership for all. Through rapid programs of registration of title the supply lands readily available would increase sending market prices down. In so doing, in the medium to long run this would Raise living standards by potentially placing wealth in the hands of all. Secure future property rights of citizens. Reinvigorate the stagnant financial market for loans. Potentially create thousands of jobs within the construction and trades sectors. We must remember that the business environment must also benefit if an improved investment climate is to be realized. Therefore another policy that could be adopted is one of zero percent corporation tax for a fixed period for newly incorporated firms within the manufacturing sector. This would result in creation of new firms, jobs and creation of new business opportunities within the capital market. Additionally, these incentives would lead to expansion of the manufacturing sector, and improvements in the trade deficit position. For the benefit of existing firms the government could also drastically reduce the tax on profits gained from exports as was done in India during the 80s (World Bank, 2005). This would lead to stimulation of the manufacturing sector, increase of the countrys GDP and investments in new technology to improve production efficiency. Trinidad and Tobago suffers from the plagued of crime and a painfully slow justice system. The social policy areas of crime and justice must be looked at urgently by the government in conjunction with the above stated policies. Through reform of the crime and justice policies, improvements in the Investment Climate will be seen and would be advantageous to both society and firms. It is known that crime places additional costs on firms through hiring of security and losses from robberies (World Bank, 2005). Also the risk to investment associated with corruption poses a constant threat to investors, both foreign and local. Likewise crime affects the society as a whole corroding the investment climate. Therefore the policy should seek to: Focus on shortening the process time for serious violent crimes. Significantly increase the severity of punishment for violent crimes and public dissemination of information of such. Strengthen the anti corruption laws to reduce investment risks. There are numerous policy tools available to the government to intervene and improve the investment climate. The policies explored will improve the investment climate since both the firms and society will be benefactors. Q2. It is said that the main aims of macroeconomic policy are to achieve sustainable economic growth, a low rate of inflation, low unemployment and a balance of payments equilibrium For ONE country of your choice (name the country) a) Consider to what extent these aims have been achieved over the last 10 years b) Choose ONE of the aims and discuss the policies which the Government might use to achieve this aim over the next 10 years c) Recently it has been suggested that increasing the happiness of the population of the country should replace these 4 aims as the key objective of government policy. Discuss the difficulties the Government might encounter in trying to achieve this objective. a) The Trinidad and Tobago government, like most countries, intervenes into the working of its economy through the use of its macroeconomic policy. In order to assess their success over the past 10 years in doing so, we must first look at what macroeconomic policy entails. Macroeconomic policy can be described broadly as the range of strategies used by a government to influence the workings of the economy or economic business cycle. Traditionally a government can influence the macro environment of an economy through the use of fiscal and monetary policies. Fiscal policies are aimed at controlling government revenues and monetary policies are geared towards controlling the supply and demand for money (Griffiths Wall, 2008). Low inflation may be considered to occur where prices rise steadily as oppose to periods of high inflation where consumer prices rise sharply. During the last ten year period the Trinidad government to a degree failed to achieve low inflation rates. Over the period 1999-2009 Trinidad and Tobago had varying rates of inflation as shown in Table 1.Trinidad and Tobago is often considered to have relatively low inflation however during the period 2004 to 2005 it experienced a relatively sharp increase in consumer inflation. Thereafter a sharp increase in the price of consumer goods resulted. During this period the government adjusted its fiscal policy decreasing the tax base and increasing their expenditure on large infrastructure projects. The periods that followed also showed increases in inflation in line with the increases in aggregate demand within the Trinidad and Tobago economy. During the last ten year period the government achieved relatively low unemployment figures primarily through the government driven infrastructure program, community employment programs and investment in downstream energy projects. The government also sought to achieve balance of payments equilibrium through investments large manufacturing projects, increasing the availability of acreage for oil exploration and contraction of car imports market. Additionally they increased their savings base by offering bonds and financial instrument on the open market during the period. Trinidad and Tobago experienced marked economic growth over the last ten years, seen by the consistent yearly increase in the GDP. This can be attributed to the increase in foreign currency reserves from Oil and Gas exports. Also, from the supply side, the government sought to expand the supply of labor through the tertiary level financial assistance programs. However sustainable growth is concerned not only with expansion of the economy but also with low inflationary growth and resource issues (Pettinger, 2008). In this regard, Trinidad have not been successful since there have been upward inflationary pressure in the economy coupled with lax environmental regulations during the period. In Addition to these facts the oil and gas reserves are being exhausted at a rapid rate though the One Horse economy. Trinidad and Tobago has done comparatively well in achieving the aims of macroeconomic policy. However, its success can be misleading since the government benefitted from windfalls from the oil and gas industry. Also the corresponding issues of growing inflation, resource exhaustion and environmental degradation still prevail. b) Sustainable economic growth can be thought to be manifest by the expansion of the Gross Domestic Product of a nation. However it is also thought to include low inflationary growth and productive sustainability (Pettinger, 2008). In order for Trinidad and Tobago to achieve sustainable growth in the next ten years the government must look at the following policy initiatives: 1. Diversification of the economy by investing in the agricultural sector. 2. Pursue the establishment of local Economic Zones or Free trade to encourage investment in manufacturing; to include removal of import duties on purchases of new capital equipment. Trinidad and Tobago has the climate, acreage and resources available for the expansion of its agricultural sector. The enhancement of this sector would lead to increases in exports, inflows of foreign currency and increases in the employment base. The improvement of this industry would also result in lower food prices resulting in lower consumer inflation (Sankar, 2010). The establishment of an economic zone would lead to increases in foreign direct investments and economies of scale for local producers who stand to benefit from foreign know how (World Bank Report, 2005, p.167). The government must also include tax breaks for exporters in the economic Zone which should encourage further investment. These initiatives when grouped would ensure sustainable economic growth in Trinidad in the next ten years since they would lead to increased exports, productive output and curb price inflation. Additionally the problem of resource exhaustion would be aided through diversification of the economy. From these facts it is conclusive to say that through a policy liberalization and expansion of the agriculture sector Trinidad can achieve sustainable economic growth in the next ten years c) Increasing the happiness of a people is purported to be able to replace the four aims of macroeconomic policy. It is often argued that by increasing happiness that output and national income will be increased whilst high unemployment and inflation will not occur. Veenhoven (2005) describes happiness as the personal enjoyment one gains from his life as a whole. However, there exists no standard measure for the happiness of a nation. A government would first face a dilemma in choosing measures of happiness since it is a subjective topic. Additionally happiness has been seen to be relative such that measures of happiness may have to differ based on class or even race (Layard, 2005 cited by Griffiths and Wall, 2008, pp. 78, 79). It is important to remember that man has unlimited wants. Therefore it follows that another dilemma which would face governments with an objective of happiness is the utilization of scarce resources. Are they to allocate resources to produce more luxury items? Happiness as a replacement for the aims of macroeconomic policy is a utopian ideology of modern economists. The implementation of such an objective would call for massive shifts in thinking, policy and regulatory structure of the Trinidad government. These shifts call for long term planning which is always a problem for small emerging economies like Trinidad and Tobago. However the idea of happiness of the population is one that warrants further research.
Monday, August 19, 2019
Comparing the Character of Life in As You Like It and King Lear :: comparison compare contrast essays
The Character of Life in As You Like It and King Lear à à à à à Through comedy and tragedy Shakespeare reveals the vast expanses and profound depths of the character of life. For him they are not separate worlds of drama and romance, but poles of a continuum. The distinction between tragedy and comedy is called in question when we turn to Shakespeare. Though the characters differ in stature and power, and the events vary in weight and significance, the movements of life in all Shakespeare's plays are governed by the same universal principles which move events in our own lives. Through myriad images Shakespeare portrays not only the character of man and society but the character of life itself. à à à à à à à à à à à The difference between comedy and tragedy, success and failure, good fortune and catastrophe often seems to turn on a seemingly chance event. In All's Well that Ends Well, Helene's pilgrimage to win back Bertram succeeds on the basis of her chance meeting with the mother of a virgin whom Bertram is courting. Time is another crucial determinant. Often a split second or brief interval is the difference between life and death. In this small but all important gap of time, the character of life is revealed most clearly. In As You Like It, Orlando came in time to save Oliver from the serpent that was winding around his neck. Out of context, these events would appear as a very thin and frail fabric upon which to build great comedy and tragedy were it not for the fact that they are true to a deeper level of causality in life. Suzanne Langer has called comedy 'an image of life triumphing over chance.' It may be otherwise stated that in comedy the s eemingly chance events of life move in favor of a positive resolution, whereas in tragedy they seem to conspire toward disaster. Helene Gardner observes that 'comedy is full of purposes mistook, not "falling on the inventor's head" but luckily misfiring altogether. In comedy, as often happens in life, people are mercifully saved from being as wicked as they meant to be.' 5 à à à à à à à à à à à Time as well as chance events are expressive of another set of determinants, another level of causality in the wider plane of life. The critical gap between human action and its results depends on the response of the environing life and expresses the character of life in the given circumstances.
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