3BM070 Strategic Corporate Finance ASSIGNMENT 2 Essay

3BM070 Strategic Corporate Finance ASSIGNMENT 2 - Essay Example The proportion apparently is as high as 30% (Damodaran, 2012). a) Whether making interests in the portions of BP is gainful or not, has been broke down based on the above estimations in regard to p/e proportion and the offer value esteem determined utilizing the profit development model. The p/e proportion helps financial specialists to comprehend the market possibilities of a given stock. A higher p/e proportion is commonly viewed as better as it results out of higher profit and market esteem existing for an offer. It is additionally viewed as that organizations having a higher p/e proportion is probably going to give more profits (Bakshi and Chen, 2005). The proportion causes financial specialists to settle on the cost at which offers must be bought dependent on the assessment of its income. The proportion thusly helps in building up a connection among profit and the market esteem per share. It is amazingly basic that the proportion is concentrated by speculators dependent on industry normal and past year’s values. The proportion can be deciphered wrongly if not appropriately contrasted and the p/e proportions of earlier years and the general proportion existing in the business (Sharpe, 2002). From the computations did it has been seen that the p/e proportion of BP in the 2013 has been settle for what is most convenient option. The business gauges were at 12.8 while the proportion for BP was as low as 6.49%. This shows the market estimation of offers and the EPS esteems for the year 2013 of BP were settle for what is most convenient option. Then again, it was seen that the p/e proportion for the year 20014 had ascended to 30%. This was distinguished because of a fall in the acquiring per share (EPS) values, in spite of the fact that the cost of offers had encountered lower level of decay. Albeit a higher p/e proportion is viewed as better, it might be judged wrongly if not contrasted and the figures of the earlier year. If there should arise an occurrence of BP, in spite of the fact that the p/e proportion had risen, the reason behind it was a fall

Arab nationalism in the years 1900-2001 Essay

How huge was the nearness of outside forces as an impact on the nature and development of Arab patriotism in the years 1900-2001 During the time it is obvious that the nearness of outside forces has affected the nature and development of Arab patriotism which has endured numerous pinnacles and troughs throughout the years. The variances of Arab patriotism have come as a result of what is a blend of outside country’s power hungry personal circumstance and interest for more prominent regular assets, for example, oil and more noteworthy land. What was at one time a solid enemy of hassock feeling in the mid 1900’s started to form to a great extent into hostile to west notions which were to a great extent outfitted towards against colonialism once the order framework was set up during the 1920’s. In addition, after clash among outskirts and a proceeding with against Zionist warmth appeared during the Arab Israeli clash, Arab patriotism started to ascend through the 1950’s and topped after the Suez emergency, and a to a great extent hostile to colonialist activity of nationalizing the Can al in 1956. Throughout the century the Arab Israeli clash has been a greater amount of an essential impact on Arab patriotism than some other. The 1917 Balfour Declaration perceived the foundation of a Jewish country in Palestine seriously sabotaging the Sykes-Picot agreement[1] that had planned to hand over control of Syria, Lebanon and Turkish Cilicia to the French and Palestine, Jordan, and Baghdad to the British. Walter Zander contends that this announcement was basically out of British ‘‘strategic interest’’[2] Increased Jewish movement in to Palestine added more prominent strain to pressures among them and the Arab states. Issues proceeded in 1936 when Arabs propelled an unconstrained resistance to British principle and the expanding Zionist nearness in Palestine[3]. Bedouin patriotism had formed into an enemy of imperialistic belief system following the command framework made and kept up and expanded its enemy of Zionist emotions to an ever increasing extent. During the post World War Two period in 1945 League of Arab States was established and Egypt, Syria, and Iraq and Lebanon joined to work for Arab freedom and to restrict Zionist yearnings in Palestine[4].With savagery among Arabs and Jews arriving at wild levels and Britain pulling back its military faculty from Palestine in 1948. Moshe Gat expressed that Egypt, and in fact the whole Arab world, respected the foundation of the province of Israel ‘‘as one of the most terrible wrongdoings in history,’’[5] underscoring how much antagonistic vibe the Arabs really met Israel with. Israeli soldiers took the Sinai Peninsula from Egypt in 1954 and with Nasser as of late holding onto power, a solid enemy of Zionist inclination was further creating. Following the Suez Canal Crisis in 1956 when Nasser acted against the British and their government indicating the Arab world they had a voice, essentially more Arab masses started to tail him, and his enemy of Zionist phil osophy permitting Arab patriotism to top during these years. Martin Kramer bolsters this by featuring how youthful colonels, for example, Nasser currently needed to ‘‘propel the Arab world to solidarity, power and prosperity.’’[6] The making of the PLO in 1964 backings this by showing the counter imperialistic perspectives Nasser needed to execute, and thusly, making his enemy of Zionist sentiments heard naming them the ‘‘forces of evil’’[7] The Arab Israeli clash arrived at breaking point in 1967 bringing about the episode of the Six-Day War after outskirt conflicts among Israeli and Syrian forces.[8] The impact of Britain and France was considerable as they obviously identified with Israel. Arrangements, for example, the Sykes Picot understanding and the Balfour Declaration of 1917 featured their imperialistic expectations and compassion towards Israel. This unmistakably advanced more prominent enemy of Zionist inclination among the Arab world and would in the end form into a solid enemy of west inclination that gave a stage to Arab patriotism to take off from. In spite of there being a solid enemy of Ottoman inclination during the mid 1900s, World War One was an impetus for change and in 1920 an unmistakable defining moment unfolded. In 1915 the McMahon Correspondence came about where under McMahon’s requests, Hussein would urge the Arabs to rebel against the Ottoman Empire and enter World War I on the partners as a byproduct of the freedom of Arab states. A gathering was held so as to choose the destiny of domains officially under Ottoman control. The League of Nations granted a command over Syria to France, and an order over Israel and Palestine to Britain. The League of Nations thought about no regional honesty while doing this, and, run by the aligns, personal responsibility accepting need as each competed for power inside the Middle East. Dr Nigel Ashton underpins this by expressing that the orders ‘‘sowed the dragon’s teeth’’ which in the end developed into a ‘‘complex of pressures and despotisms that comprise the contemporary Middle East’’[9] The production of the new current states was conveyed with no social, recorded or political information over where the perfect spot to set up fringes would be, and consequently, regardless of normal or human limits, they were made by particular regional substances. The production of these states implied that every one needed to follow personal circumstance and this made outskirt debates among Arab states for oil and vital resources. Basically, the order framework can be viewed as ‘‘the first appearance of a definitive objective to revoke the provincial system’’[10] which numerous European states were all the while seeking after. Lebanon picked up autonomy from France in 1943, as did Syria[11] a nd this was where many post-provincial countries in the locale were first inclination their patriot muscle, a prime model being Egypt and Nasser during Suez Canal Crisis in 1956. Thus, strains rose and Arab patriotism got hostile to radical and against west because of the weight they had set on the Arab countries. The formation of autonomous states was anyway a ‘‘important issue in the decolonization process,’’ [12] which would have influence in the drawn out expulsion of European force in the Middle East. Be that as it may, the outskirt questions additionally occurred among the Arabs themselves and extraordinary doubt started to develop, as was clear when Iraq attacked Kuwait after a fringe disagreement regarding oil in 1980. The Kuwaiti Government had planned to constrain Mr. Hussein to the dealing table, and arrange a fringe ceasefire and a non-hostility settlement. Rather, Iraqi soldiers attacked Kuwait driving its decision family into oust. Henry M. Schuler, states that from the Iraqi perspective, the Kuwait Government was †acting forcefully †it was financial warfare.†[13] Moreover it tends to be contended that notwithstanding pioneers, for example, that of Kuwait and Hussein himself, these debates may never have happened. Further effect on Arab patriotism has been the ‘Superpower’ statuses of USSR and the U.S.A. In light of the U.S.A’s refusal to support Nasser’s plan to construct the Aswan High Dam, he nationalized the Suez Canal in 1956[14]. Martin Kramer depicts Nasser’s next keen move as ‘‘positive neutralism,’’ [15]as he played outside forces against one another and in a split second got financing from the USSR. Middle Easterner patriotism along these lines appeared to be lining up with the USSR through Nasser and it appeared that despite the fact that the Arab states followed an enemy of imperialistic belief system towards Britain, they repudiated themselves by permitting the Soviet Union to have a range of authority inside the Middle East. Western forces developed to see Arab patriotism as a danger instead of a political plan to emphatically draw in with, a progression of forceful and badly considered arrangements drove Arab states to go to the Soviet Union for help. In 1955 the Bagdad Pact that was marked anyway was a praiseworthy Cold War understanding mirroring the need the Eisenhower organization provided for control of the Soviet Union through aggregate security agreements.[16] This settlement drove Iraq into arrangement with the U.S.A and after beforehand being uncommitted, clear divisions got apparent all through Arab patriotism. The agreement shows the change of the detached negative guideline of nonalignment into a functioning and positive approach of lack of bias. Fayez Sayegh features the significance of the Bagdad Pact expressing that it basically brought the ‘‘cold war from the edges and into the Arab world.’’ [17] Moreover, it became clear that the arrangement of impartiality followed by Arab patriot currently implied freedom. This took into consideration the quest for personal responsibility without ideological requirement meaning they didn’t have an ideological trademark and could seek after things straightforward in light of the fact that it was to their greatest advantage and that's it. Bedouin relations with the U.S.A weakened after their ties with Israel didn't concur with Arab patriotism and the solid enemy of Zionist inclination which was advanced by pioneers, for example, Nasser. This was as opposed to the relations with the Soviet Union who had reinforced their ties with the Arab states by providing them with arms since 1955.[18] Moreover, we can not neglect the social turns of events and this generally originated from the repercussions of the Ottoman Empire. Turkification in itself as Martin Kramer states, ‘‘threatened the social status quo.’’[19] Kramer wisely represents how this plainly raised the requirement for a different a different Arab personality. The Arabs opposed the Ottomans and yearned for a different social character corresponding to their compositions and language. Middle Easterner character was because of their own religion and lang

In The Current Federal Election Campaign, Identify Some Examples Of

In The Current Federal Election Campaign, Identify Some Examples Of In The Current Federal Election Campaign, Identify Some Examples Of Agenda-setting In An Australian â€" Essay Example > Agenda setting is the formation of public alertness and concern of the major issues (as perceived by the people) by the news media. This however may not always reflect the reality of the happening. This is because the media sometimes filters and shapes the reality to focus on the core interest of the public. The media concentrates on a few issues that they emphasize so much instead on discussing all the issues in general. This creates confusion to the majority of the people as they tend to assume this issues are more significant than the others less discussed. One of the major aspects of agenda setting is time factor. The importance of varies issues is determined by the time factor. For instance political issues are more pronounced during election period and the role of the media is very important in the creation of the agenda setting. This is of great importance because it influences the how the public will respond towards the prevailing issues. This should not necessary be true according to Bernard Cohen (1963“Most of the time, the press may not be successful in telling people what to think but it is stunningly successful in telling its readers what to think about. ”The prime minister of the ruling Australian government John Howard has an ideology “choice of work”. This ideology have worked for the ruling government as it have tried to eradicate the unemployment that was increased from 4% to 10% by the labor government during its 11 years reign. However the creation of the employment opportunities was accompanied by low living standards that were caused due to the poor payment and high rates of taxation. This is in contrary to the people’s expectations as they had hoped to benefit from their employment opportunities and raise their living standards. The labor party is very critical of the John Howard ideology of ‘choice of work’ he has promised the Australian people better terms of work when the labor party comes to power after the 2007 gen eral elections. They refer to John Harward ideology, as walking liberal, low wages, low skill roads. This is because the ruling government has not constructed good infrastructure as reported by Sydney Morning Herald 2007.The few constructed roads are of poor quality and often needs to be repaired. The labor party has promised to construct a fiber optic broad band to facilitate communication for the Australian person that is, estimated to cost about 4.7 billion dollars. According to www. theaustralian. news. com, the ruling government has failed to provide enough security to the Australians as they had promised when they were coming to power. This is because lately there has been several reported insecurity cases in Australia ranging from theft to terrorism. The labor party has promised to establish better security strategies that will ensure national security to the Australians. A security system that will guarantee a peaceful nation free of terrorism. The party has also promised tax reforms that will be fair to the majority of the Australians who are of low and middle class.

Cultural Healthcare Practices of Hispanic Women During...

The United States is comprised of many cultures within a culture. America is composed of a variety of people who all have different beliefs and traditions, as well as their own unique set of beliefs regarding their healthcare practices. One such group is the Hispanic Americans who have their own very diverse cultural group. As individuals, they are just like anybody else in any other culture. However, it is worthwhile for a nurse caring for someone from this culture to know what their distinct cultural beliefs are. People belonging to a Hispanic cultural group are highly attached to the beliefs and values of their culture and follow them in every aspect of their life (Gallo, 2003). Interestingly, their cultural beliefs even influence the†¦show more content†¦For example, the eldest male of the family is the one who makes healthcare related decisions for the family members and the entire family needs to be included in all aspects of the patients care (Giger Davidhizar, 1999 ). Nurses should conscience of this and try to include family whenever possible. Time Hispanics concept of time is very different from that of Americans. According to Giger and Davidhizar (1999), Hispanics are present-time oriented, which means that they place more importance on the present time than on the future. Therefore, planning care for these patients can pose great difficulty for the nurse (Giger Davidhizar, 1999). Nurses need to take the time to educate patients on why it is importance to follow medical treatment plans, for instance why it’s important to take a particular medication on time. Environmental Control Hispanics believe in external locus of control, which means that they are fatalist and believe that they are under the control of fate (Giger Davidhizar, 1999). Due to this believe, they may be more reluctant to comply with healthcare treatment plans and may rely more on folk medicine, which involves diet, rest, herbs, prayer, and supernatural rituals (Giger Davidhizar, 1999). Again, patient education is very important in these situations, although, the nurse does need to allow the patient to incorporate folk medicine practices when possible. Biological VariationShow MoreRelatedtaking a Look at Infant Mortality888 Words   |  4 Pagesnumber of deaths in infants per number of live births. Infants are usually up to that age of one year. The health outcomes of a pregnancy is mainly influenced by a womans health. Other risk factors include race, ethnicity, age, and income. Socioeconomic status and geographic location are major influences for infant mortality of a child. 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Machismo And Hispanic Culture - 794 Words

America used to have the same gender roles as Hispanic culture but now it’s been fading away quickly and are getting close to gender equality while Hispanic culture are still behind compared to other developing countries culture. In Hispanic culture there are two types of roles, Machismo which applied to the male and Marianismo to the female. Machismo is associated with dominant and Marianismo is associated with dependent and submissive. To understand the word Machismo, one must understand that in Mexico, being born a male is of high prestige and valued more than if one was born female. Women are raised that one day they will marry a man and he will oversee the family, the family must obey him, and get his approval before doing anything.†¦show more content†¦Ã¢â‚¬Å"When I got with my wife I thought [of her] like the animals that I have owned: she had to obey me. From there I saw how my uncle would treat his wife, and I thought that his wife was [doing] something wrong, that she wasn’t supposed to [do], and that she was to obey him. So, when I got married, I said to myself that I wouldn’t let my wife be like my uncle’s wife.† –Male respondent As illustrated in this example, men are working in the fields most of their lives, and as this man puts it, working with animals was just like working with his wife. As noted by one researcher’s subject, â€Å"Over there [in Mexico] one has command over them, and scolds them and all that. But not here; if she feels that things don’t suit her, she gets out and leaves.† (Pena, 1991). These two examples of men’s views about women are not shared by them only, but shared by many Mexican males. How much alcohol is being consume might determine the level of machismo. a scholar once said â€Å"The negative aspects of machismo can result in heavy drinking and the pursuit of high-risk activities, leading to domestic violence and HIV/AIDS† (Galanti, 2003). During a survey a bunch of Hispanic male were ask to define machismo and one of them said â€Å"Machismo means that you can drink, that you can party all night and maintain. The one that is up theShow Mor eRelatedPaternal Involvement Is Impacted By Culture And Gender Norms937 Words   |  4 PagesIntroduction Paternal involvement is impacted by culture and gender norms. The gender and cultural norms in male parents is portrayed through the behaviors they show. Gender stereotypes are different depending on the culture. The Hispanic cultures carry many gender stereotypes and bias, especially with parenting. The Hispanic parenting styles are based on power and sexism, mostly for male parents. 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Proble Solution Essay Free Essays

Problem/Solution Essay Procrastination The biggest problem that has always given me trouble is procrastination. Though I’m not the only student that suffers from this problem, it is one of the most common occurrences among teenagers. How procrastination is detected is shown by people doing their work at the last second and rushing to get it done. We will write a custom essay sample on Proble Solution Essay or any similar topic only for you Order Now Ways I procrastinate it by getting side tracked by something usually more entertaining; for instance TV, radio, or even video games. When I start to do my work I always get bored with a silent room, so I happen to turn on the TV and listen to it. Instead of listening to the TV I turn around and start to watch it. Before I realize what I am doing I turn to the clock and thirty minutes have already passed. Another problem that I have is being too lazy to make the effort to get the work done, or just even start it. I am lazy because I work and go to school so when I get home from work I don’t want to even do anything beside just sit there and watch TV or something. Being forgetful is a big problem I also have, when I go to school and a teacher gives me home work I don’t write it down or anything, then by the time I get home I don’t remember to do it. This is bad because not doing my home work gets me in trouble with school and my parents. As I have gotten older I procrastinate less but it is still bad, but not as bad as when I was younger. When I was younger I would almost never turn in my work either because I forgot to do it or I wanted to go hang out with friends instead of taking the time to sit down and do it. When I procrastinate work does not get done. I also forget when important date’s things are due. Forgetting important date’s is bad because when a big project is due and you don’t have any work done it makes my grades suffer a lot. For example last year I forgot a 100 point project was due. My grade was a 78% and when I didn’t turn that project in it really hurt my grade. It dropped me down to a 60%. Thanks to that happening I almost didn’t pass that class. Thankfully I did well on the finals and it put my grade to a higher D. hat is when I realized I had a big problem, through out my senior year I have been trying to fix this terrible. I have been doing really well on making sure all my work is getting done and saying no to friends that want to hang out. I just simply tell them that I have home work to do and it’s important because it is my last year in school and I want to pass with good grades. Ways I can approach this issue is start payin g close attention to when dates are due and when assignments need to get done. This will better me in school and also life. Some other ways I can get pass this issue is just focus on the main goal no matter how boring it might be, and how much more something else might be more exciting. In life one mistake on a assignment might cost me my job so I have to really pay attention to detail and just kick the lazy habit and put my best foot forward and try my hardest to make sure I succeed in life and in school. Another way I can also approach this problem is by making a schedule and write down when the assignments are due and when and where I need to turn them in at, doing this will help me a great deal in college and also in the work force. Making sure I use time management will be very effective with me handling my work. If a teenage like me has this issue the best way to confront it is to sit down and think of ways they can get past it. I know that with me sitting down and thinking of ways of beating this problem it has helped me a lot in the long run. I have been getting better grades and all my work has been getting turned in. I know that if I can do it then so can anybody else that has this same problem. How to cite Proble Solution Essay, Essay examples

Primary Dyslexia and Secondary Dyslexia Essay Example

Primary Dyslexia and Secondary Dyslexia Paper Dyslexia is currently one of the most well known learning disabilities found in school age children in the United States, and is the most common one faced in school districts. It affects approximately five percent of all elementary aged children (Mayo, 2007). This disorder can cause delays in the areas of reading, writing, spelling and in some cases even speech(MedicineNet, 2006). It occurs in varying levels from a mild problem creating an annoyance to severe impairment which can cause school failure and serious depression (MedicineNet, 2006). Dyslexia is often suspected when children of average to above average intelligence fail to obtain age appropriate levels of reading, writing and spelling. It is characterized by frequently misspelled words with upside down or transposed letters. In order to receive a diagnosis of dyslexia a vision problem and is ruled out. An additional factor to be considered is the educational opportunities available to the child. A child who had no opportunities to read would inevitably be delayed in the academic areas. A diagnosis of dyslexia can be devastating to both the child suffering from the disorder and the child’s family. We will write a custom essay sample on Primary Dyslexia and Secondary Dyslexia specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Primary Dyslexia and Secondary Dyslexia specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Primary Dyslexia and Secondary Dyslexia specifically for you FOR ONLY $16.38 $13.9/page Hire Writer Once it is diagnosed, the school district the child is in takes interest in the child’s well-being, but the thoughts and concerns faced by the parent additionally need to be addressed following a diagnosis. There are three identified types of dyslexia known as Traumatic Dyslexia, Primary Dyslexia, and Secondary Dyslexia (MedicineNet, 2006). The types of dyslexia are categorized by the suspected cause of the disorder, but the symptoms are the same. Trauma Dyslexia is caused by some kind of brain injury to the area of the brain that controls language skills. This type of dyslexia is rare (MedicineNet, 2006). It is not the typical form that is seen in schools. Primary Dyslexia is a hereditary disorder involving a dysfunction of the cerebral cortex in the brain (MedicineNet, 2006). This malfunction does not get better with age and there is no cure. People suffering from this type of dyslexia usually struggle with reading and writing throughout life and often do not read above a fourth grade level (MedicineNet, 2006). There are treatments that can be used to help the person with the diagnosis cope with the disorder however. The third type of dyslexia, secondary dyslexia, is thought to be caused by impaired prenatal hormonal development. This is not as common as primary dyslexia. It is more common in boys and does get somewhat better as the child reaches maturity (MedicineNet, 2006). Symptoms of Dyslexia are often not recognized until a child is school age, and even then the signs are often misinterpreted for other conditions. It is very easily misdiagnosed as Attention Deficit Disorder, as the observable symptoms, distractibility and acting out, are very similar to symptoms of ADHD. Besides the acting out, some of the most noticeable signs are the child’s apparent inability to read, write or spell at age level even though the child may be very intelligent in other areas. Children with dyslexia typically write letters backwards, upside down or in the wrong order. They may read the words without comprehending what they are reading. In addition to the reading and writing problems, some behavior concerns sometimes are also present such as an easily distracted child, a disorganized child, or one who seems to cause trouble in class (WebMD, 2006). These behaviors manifest due to frustration over not being able to understand what is expected. Self esteem issues often come about due to the frustration and the embarrassment of having to admit having reading problems. Due to the embarrassment of not being able to read at age level, many children will find ways to hide the disability, which leads to a large number of cases either not being diagnosed at all or being diagnosed late. Once the problem is discovered it can be treated somewhat successfully in most cases. Treatment for this disorder is quite different than that of most disorders, because it does not involve medication. There is no cure to get rid of dyslexia, once someone is diagnosed with it he will always have it. However, training is available to help most children diagnosed with dyslexia retrain their brains to function at the highest possible level. These learning strategies work best the earlier a diagnosis is made, however older children and adults can still be helped by the learning strategies. Some of the strategies involve a way of learning that differs from traditional learning styles. Although there is no cure for the disability and people with it struggle throughout life, it is treatable. People can develop skills to cope with the disability and the vast majority can be very productive. People with dyslexia often excel in areas of complex thinking and creativity. Many of them become designers, engineers and even doctors. Once people with the disorder can learn to cope with the frustration and find ways to compensate for the brain confusion, many can read and function successfully. Dyslexia greatly impacts not only the child diagnosed with it but also the child’s family on a larger scale society. The child deals with the daily frustration of trying to keep up with other students, when he sees every word differently than the other children. When the words do not look right and are difficult to figure out, the child soon looses interest in reading, and simply begins trying to find ways to hide the fact he does not understand how. He might begin to act out as a way to distract others from realizing that he is having difficulty reading. If the disability is not discovered and diagnosed soon, the child continues to fall behind his peers in his reading development and the embarrassment becomes worse. This can lead to additional frustration, acting out and failing grades. When the child’s peers discover the problem or learn about the failing grades, they begin to tease the child increasing the distress and frustration. When the child’s parents become aware that the child is having problems, the child has often been covering it for some time, but can no longer maintain good enough grades to hide the problem. Parents become impacted by the child’s struggle to maintain good grades and to keep up with peers in reading and writing. They often feel helpless because they do not know how to help the child. Parents want their children to be happy and do well, for this reason it is very difficult for them to see their child struggle. In order to avoid having to admit there is a problem or to answer questions, the child learns to avoid all situations that might place him in a negative situation. Sometimes the child becomes withdrawn from the parents and other people around. This withdrawal due to embarrassment and frustration can cause problems with not only family relationships, but with other social relationships as well. The child may stop associating with friends and spending more time alone. They might cut off contact with friends or romantic interests due to a fear of admitting they have difficulty reading. Society is affected not as much by one child with dyslexia, but with the large numbers of children affected by the disorder. School districts are required to educate the children in the district, and if a significant percentage of the population is not performing to age level, this goal is not being reached. Continual pressure is being placed on society to graduate smarter and better educated young people, therefore the pressure is increased when the there are large numbers of people who do not process information the same way average people do. This requires society to take a new look at the way it educates children and what needs to be done to help all children perform to the best of their ability. The good news is that people who have dyslexia can be helped and those who care about them can learn how to help them. Parents can help their children by offering support. One of the first things they need to do is get to know their children and work with professionals to find the best way to teach them (Shaywitz, 2003). For children who do not want special treatment, there are a number of books and workbooks that parents can get to work through with their children. Some of these encourage young people to talk to parents and doctors about the problems they experience (Shaywitz, 2008). It is very difficult for a child to admit problems, but when he has the courage to tell someone, the first step is to get the child tested. This can be very stressful for the child, but is needed in order to get a proper diagnosis. Once the diagnosis is made, a team of parents, teachers and other professionals can develop a plan to help the child reach his maximum potential and regain confidence. In order for this plan to be completely successful, the child needs to be included in order to allow him to provide input on what procedures are most helpful. Once the child has learned coping skills to help him become more confident and independent, hw will become less withdrawn and more academically capable. Sometimes the testing procedure and the treatment can be more detrimental to a child’s self-esteem. If a child is older when the problems are discovered, being placed in a special program and labeled as disabled causes an impressionable child more stress and trauma than he was already feeling. The treatment needs to focus on the best ways to meet the needs of the child instead of how to make the school districts success numbers look better. If the child is subjected to further embarrassment through the program, he might withdraw even more or be teased more. This could lead to lower development and in some cases dropping out of school or suicide. With laws being passed in the last several years, to make sure that all children are adequately educated, schools have been subjected to increased pressure to graduate children. For this reason there are greatly increased opportunities for children to have additional training and classes. Special and individualized programs have been designed to help children with disabilities be successful. These programs are very good and helpful for the children if the focus is kept on the children. There can sometimes be problems when the school rather than helping the child become more successful, the school lowers the standards simply to graduate children. Although, the children need some extra assistance and sometimes a series of smaller goals to reach the larger ones, they need to be able to reach some basic expectations in order to be considered a graduate. The drawback of graduating ill-educated students from high school, means that people are being into the adult world without the proper skills to function successfully in the world. Most people have heard of dyslexia, but many of them think of it as an inability to read without having a full grasp of what the disorder involves. They know it has something to do with turning letters around, but are not aware of the depression or behavior problems that can be caused by the frustration of wanting to succeed and not being able to. Children with dyslexia are not lazy or less intelligent. They are children who can be very successful and intelligent if the need for a different learning method is determined early enough to develop a plan of success that works for that specific child. The vast majority of people with dyslexia can meet the requirements for graduation and become successful adults, if they are able to learn the strategies to enable them to compensate for the ways their brains process information differently than the average person. Having a diagnosis of dyslexia does not make them any less valuable to society or less likely to contribute. They simply view words and letters differently than the average person and need to compensate for this by learning to use their brain processes to understand the words that other people can view easily. It can be done, and many people prove every day that it can be done successfully. The important thing is that the children diagnosed with the disability have much needed support in order to refrain from using the disability as an excuse to fail rather than a reason to succeed. Resources: Dyslexia. (2007) Mayo Clinic. Retrieved November 20, 2008 from: Dyslexia MayoClinic. com Dyslexia. (2006). MedicineNet. Retrieved November 20, 2008 from: Dyslexia Symptoms, Signs, Causes, Types, Diagnosis and Treatment on MedicineNet. com Dyslexia Symptoms. (2006) WebMD Retrieved November 20, 2008 from: Dyslexia-Symptoms Hultquist, Alan M. (2008) What is Dyslexia? : A Book Explaining Dyslexia for Kids and Adults to Use Together Jessica Kingsley Publishers/Philadelphia. Shaywitz, Sally Md. (2003) Overcoming Dyslexia: A New and Complete Science-Based Program for Reading Problems at Any Level Random House/New York.

Correcting an Incorrect Business Email

Correcting an Incorrect Business Email What is the best way to correct an error in an email sent to multiple recipients, if you are listed in the cc: line of that email, along with other recipients? It can be a little confusing, because if you are listed on the cc: line you can assume you are being informed, with no expectation of a response from you. However, the one exception to this rule is when you know the message to be incorrect, requiring you to correct the misunderstanding. If time is not critical, do not reply to all and correct the sender. Instead, email the sender, explaining your correction, and ask him or her to resend the corrected information to the same recipient group. Only if the sender does not correct the message should you alert the group with your correction. If time does not allow you to alert the sender to correct the message, only then should you reply to all with your correct information. And, be kind and phrase your correction clearly but tactfully. This applies in both business email and personal email. I received a message from a friend this morning alerting me and a large group of recipients how to detect a two-way mirror in case we were being spied upon in clothing dressing rooms. Ok, it was silly. Still, my friend who sent this message is well-intentioned and a nice lady. Another recipient replied to everyone, providing a terse message that the sender was incorrect and included a Snopes link (a site which identifies urban legends) refuting her two-way mirror test. This correction was unkind. The corrector should have sent the Snopes link to the original sender and given her an opportunity to make her own correction. Give a colleague or a friend a chance to wipe the egg off their own face, before you throw some more. Master business email in your career in this Email Course.

How To Create Your Best Counter-Argument

How To Create Your Best Counter-Argument Counter Argument Writing Tips One of the best assignments in your students’ time is writing a counter-argument. Why you may ask? Such a task will make any student not only improve his writing skills but also his thinking. This skill will remain with you all during your life and will be very helpful for your future career. This type of assignment will help make your own arguments even stronger. You will be able to participate in any argument and prove your point of view. When you address the counter-argument in your argumentative essay, you exponentially sublimate your essay. Your writing will be more mature, academic, and developed. You show your high-level thinking when you develop the counter-argument to the toughest point of view. It’s really essential to build a strong case and provide the relevant evidence; and to reach this, you have to be aware of the counter argument within your essay. If your essay is written with no regard to the really obvious counter-argument, it is poor. Instead, when you’re able to create a sound counter-argument, it will influence positively your personal life. Master this skill – and you will be able to see other people’s perspective even if someone’s opinion is different from yours. Thanks to that skill, you will become an emotionally intelligent and compassionate person. What Is a Counter Argument? Almost every essay contains an argumentative aspect. As a rule, students provide a thesis and search for arguing in favor of their thesis. Your task is to provide the details, facts, and some research supporting the thesis to show why it is correct. According to Harvey, when you provide a counter-argument in your essay, you show your confidence. When someone has a skeptical attitude, placing a counter argument helps you predict all the objections your reader might have and be ready for them. You present yourself as a person who considers all the alternatives before arguing for one point of view. It means that you don’t avoid difficulties, but confront them, and all this makes you interesting to a reader. The counter-argument has to disagree with your thesis and is the most obvious point of your essay. For that reason, it has to be worth addressing. So including it to your writing would be a good choice while your teacher would appreciate it if you are able to recognize the points of view which disagree with yours. A solid counterargument is built via three steps: A student raises an objection against his argument. A student expands on the position of the objection and then rejects it. A student reaffirms why his position was correct originally. The aim of the counter-argument is to convince other people successfully. However, there is no sense to address an argument no one agrees with. When providing your counter-argument, the reader has to reflect that this is really true and become interested in how you are going to refute it. Imagine how this works in court – â€Å"objection, your honor† – and the judge gives you few seconds to provide a reason for your objection, and it’s very important, while someone’s fate depends on it. So the counter-argument in your essay has to be as strong as in court. Steps for Writing a Counter-Argument Think of the three most obvious objections to your point of view and write them down. Think which of them is the weakest and which the strongest one. Then you have to select the most convincing objection and use it in your essay as the counter-argument. Choose a transitional word/phrase and offer an issue with your argument. For example, someone draws a different conclusion. You can propose a better, alternative solution, for instance. Develop your counter-argument. Now write some more sentences and explain why people have to believe your objection, give some daily-life examples. Now use a transitional word/phrase to get back to your thesis and show that this counter-argument is not valid. Give explanations, it is very important. Reaffirm your thesis more precisely. It’s crucial to do the thesis in a way that makes it more precise and stronger. You have to keep in mind an average reader, persuade him deeply. Let’s Start a Counter Argument From the very beginning, your counter argument should slip into your essay. So it’s crucial to use proper transitional words and phrases. This way, you will show your reader that you are able to deviate from the main path in your essay and get back to it in a while. In order to make your counter argument look properly, you shouldn’t sound upset, but your reader has to be redirected from the main argument’s idea. In this case, transition words are crucial for starting your counter-argument. Transition Words The success of your counter argument and your essay in total depends on the transition words you use. A transitional phrase has to be strong to help your reader understand your line of thinking and understand it well. And, of course, your mark will be much higher. Examples of transition words â€Å"Admittedly†¦ (state objection)† â€Å"On the one hand, some experts argue that†¦Ã¢â‚¬  â€Å"Conversely, some argue that†¦Ã¢â‚¬  â€Å"Some might object, claiming†¦Ã¢â‚¬  You can also use some questions, as: â€Å"Nonetheless, why†¦?† â€Å"However, does that†¦?† Try different combinations until you feel comfortable with them. Counter Argument Rebuttal One of the most pleasant parts of the essay is a counter-argument rebuttal. In this part, you discuss why you are right and why your counter argument is wrong, also, you show why your thesis is surpassing. This rebuttal should convince your reader that your thesis is correct and that overall counter argument is absolutely wrong. The best examples of the counter argument essays will show you how to refute properly. The more solid the rebuttal is, the more integral is your argument. Some very confident students can address how some parts of the counter argument provided are valid, however, that this validity doesn’t matter at all, for example, if they are irrelevant, or if they don’t address certain groundwork of the topic. The aim of the rebuttal is to show how the counter-argument isn’t consequent to the entire correctness of your thesis. It’s not necessary to follow a structure in your rebuttal paragraph; however, it might be very helpful. A more concrete structure is more comfortable for many students: Create an opening sentence that is strong and sums up the core of the argument you object. Admit the claims’ validity. Choose the transition to link it to a strong topic sentence, which clearly asserts why the counter-argument is completely wrong. Support the topic sentence with the experts’ research in the form of quotation or even paraphrase. Explain or expand the evidence of the expert, as well as its importance and significance. Provide some example from current events or even history to support your position and make your rebuttal stronger. A concluding sentence has to illustrate how exactly counter-argument fails and shows that the main argument was superior. Examples of Counter Argument Homeschooling On the one hand, some experts in child development claim that homeschooling has multiple benefits. It is one of the best options for too sensitive or creative children, for those who can’t succeed in traditional school. Besides, children who are trying to reach professional goals, such as athletes or musicians very often can’t attend school and homeschooling is the only alternative for them. Homeschooling allows adjusting the curriculum to the needs of the kid so the kid is able to succeed. Rebuttal Example Conversely, some argue that homeschooling might have some advantages, such as more attention on the student or more personalized lessons. However, those obvious â€Å"benefits† are liabilities to the development of a child. A unique environment offered by the traditional school forces a child to cope with the challenges, such as mean teachers, bullying, embarrassment, teasing, etc. The traditional school provides various unpleasant experiences. On the other hand, these experiences make the child develop and become stronger. Every successful person becomes successful only through competing against worthy opponents.   School environment stimulates students to overcome obstacles and improve themselves. According to Dalien, the traditional school prepares children for the real world by making them interact with different people. During lessons, children learn to work in groups and negotiate the world without parents supervising or intervening them. Homeschooling isn’t abl e to provide children with social skills which are so important for them to enter the world of adults. Drinking Age Nonetheless, why a young person can drive at 15 and go to the army at 18? Does it make sense that a person can drive all over the country, lose his or her life for the country, and still can’t order a glass of beer in a bar? America’s European neighbors raise their children with a less serious approach to alcohol. This makes the United States look too puritanical and old-fashioned. It makes the impression that America is raising young people who have an unhealthy attitude toward alcohol. Rebuttal Example Admittedly, the drinking age in America is higher than in other countries of the world, and there are certain reasons for that. The American nation has always been individual and not concerned about what other nations were doing. According to statistics, children usually manage to access alcohol drinks at an inappropriate age. Parents believe that a lowered drinking age would cause alcohol abuse among teenagers, and this concern is very essential. In the case the legal age to buy a drink is lowered, teenagers all across the country will drink and even over-drink. This is about human psychology. Moreover, it is necessary to know that 21 is not the random age chosen by Congress. The reason was that the number of young people killed annually in car accidents was twice higher before the 21 law was enacted in 1984. By the end of 2005, the selected drinking age saved about 25,000 lives in America, according to Dean-Mooney, 2008. Nothing can be more important than saving young lives. Thus, other laws related to age or what other nations think of us do not matter. Only keeping young people safe from those substances they can’t cope with because they are not wise enough to use them is important. Conclusion Creating a counter argument and refuting it gives you a chance to show your teacher your critical thinking abilities, and how you actually worked on your essay from different points of view. You show yourself as a refined student when admitting the validity of people who have a viewpoint different from your own. You can prove that you understand how your opponents think. And it is the quality of an experienced writer. Ability to add a counter argument and refute it makes you a better person, while you can consider things from others’ viewpoint. As a student, you should give counterargument and rebuttal examples until you are able to write your own ones. It will help you develop your critical thinking skills as well as emotional intelligence.

Hiring Process Essay Example | Topics and Well Written Essays - 250 words

Hiring Process - Essay Example This can be simplified by use of mobile phones or via email so that finally they will have gotten the right information and have a good list of potential candidates from which to chose from. The major advantage is that interviewees are able to know in a better way the job they wait for and the salary that awaits them .To the manager, it an easier way to evaluate the candidate’s communication skills by listening to how well they establish rapport (Erling, 2010).This is later effected by physical face to face so as to make a better assessment based on grooming , character and evaluation of documents to see if there is additional thing they can do other than just the work they qualify for .For instance are they talented in other fields like sports .This may act as an additional benefit to the employing firm in terms of social services (Erling, 2010). It is therefore important to make an all-round assessment to ensure that no element of bias is left and that the firm gets the best employee from among many so that it can leap the benefits of a good hiring

Population Essay Example | Topics and Well Written Essays - 250 words - 1

Population - Essay Example e recommended the change of the language since the consideration used in MDI was too broad for them to comprehend what the term â€Å"considered† actually  meant. According to Sharon Nelson, the only way to help patients and physicians is to eradicate or reverse the confusing language that make many users to thing that they are doing the right thing, yet they are not following the rules (Hall, 2003). C: Compared to MDI, patients and physicians find the use of nebulizers friendly as it can be easily manipulated. However, according to Letson, the MDI is affordable. The use nebulizers contain (R)- isomers has the only active drug making it more suitable for patients after it was discovered that most patients have developed resistance to albuterol. O: Some physician and inhaler providers say that MDI will only be effective if levalbuterol is added to it. The implementation of these developments will also increase the efficiency  thereby  reducing side effects of MDI that include the effects to the lung (â€Å"Aerosol technology†¦Ã¢â‚¬  2004). Aerosol technology from TTP set for wider use in inhaled liquid and dense suspension medication delivery. (2004, Nov 22).Business Wire. Retrieved from

History And Pestel Analysis Of Russia Economics Essay

History And Pestel Analysis Of Russia Economics Essay This document is an overview of political, social, economical, legal and technological of Russia. The federation of Russian or Russia is the country which located in the north of Europe and Asia. It is considered as the bridge between those two continents. The country was found in the 12th century, in the history of this state, the country had been through different regime of politic, from Russia imperial era to the Soviet Union, post Soviet democratic till the federation of Russian today. The country shares borders with fourteen different states such as Norway, Finland, China, North Korea and so on. Russia also shares the marine border with America and Japan. It is the biggest country in the world with 17,075,400 square kilometres. Russia is one of the countries which are really rich in natural resources. Russia is the land of winter but it does not mean that they have snow all over the year. Russia has variety weather, depends on the region. It can be death cold in the far north to dramatically hot in the desert of the south part. In the country, there is only two distinguish weather which are winter and summer, the other two does not last for long and is not really well defined. The capital of Russia was named after the Moskva River which starts from East Europe and flows into the Russias central. The name Moscow was found by Goerge I, Yuri I Dolgorukiy in 1147. Even Russia is a big country; the population is just in the rank of 9th in the whole world with 141,927,297 people. In each region they have their own language but Russian is the official language of the winter land. People here follow dissimilar religion, even though there are four main religions which are Orthodox, Islam, Buddhism and Judaism. The currency of Russia is Rouble. Comparing to other currency such as US dollar or Europe, this currency is currently not a strong one. The natural resources, agriculture and technology play an important part in the economy of this country with the estimation of GDP in 2010 is $15,807. The main partners in export are CIS, China, The US and Japan. According to the development of the economy, Russia is considered as the strongest growth amongst the developing countries. The living standard of Russian decreased after the collapse of the Soviet Union, but it started to improve from 2007 and now it rank at 65. It is the result of the development in economy and politic strategy. The life expectancy for men is 59 years old and 73 years old for women. Furthermore, the culture side of this country is very comparable to others developed countries. Russia becomes a destination which attracts tourist and other social and culture activities with international scale such as the winter Olympic 2014 in Sochi which will contribute an important part in building up the image of the Russia. From all points of view, Russia is one of the strongest developing countries. With the policies which focus on attracting investors, on the near future, Russia will be on the list of new developed country. This is the main background of the country with some interesting fact of it, further on in this document; each sector will be discussed in detail. Reasons for Selection Russia is a developing country with rich in history and tradition. This country in this new century has lots of opportunities and challenges. It plays an important role in the social and political of the world. Russia is the member of different important organization in the world such as World health Organization (WHO), United Nation (UN), G8 and G20. This gives Russia a possibility to contribute as well as give out its opinions for the development of the world in term of social, health care, political and economic. In this report, I and my group mates chose Russia as our country for the international trade project is because of three main reasons. First of all, it is a big country with more than fourteen millions of population, this country have the policies in economic which are supportive for the national as well as the international investors. They update the policies bases on the development of their economic in order to facile and make Russias economy more attractive to investo rs. Further, looking to the growth of the business as well as their competitive currency, it is really a promises land for people who want to create wealth and business. Not to mention the fact that they have a big improvement in the economy despite all the natural disaster that happened during summer 2010 and the economy crisis that affects the economy and trade of countries all over the world. Below is the graph which shows the growth of GDP in Russia over years. Russia-GDP-Growth-Rate-Chart-000001.png From the graph we can see that even 2010 is not a successful year for Russias agriculture because of the weather and climate issue; the extension of GDP in the 3rd quarter of the year is at 2.7, which differentiate the country from others which play main roles in the economy. This figure is a strong proves for all the investors about Russias economy. Last but not least, Russia has an advantage of their geographical location. As being mentioned in the first part of this document. Russia is the connection between Europe and Asia. This is the advantage that not all the country can have. It enables Russia to trade easily with countries in Asia such as Japan, China and North Korea as well as other countries in the north of Europe and countries in the European Union. It brings good opportunities for Russia to exchange and gain experiences from the developed countries in Europe. It is an opportunity and also a challenge for this country. PESTLE Analysis: Political In 1993, after the crisis in the constitution of Russia and with the support from most part of the population, the 12th Dec 1993, Russia was officially became the federation of Russia with semi presidential republic. They keep going with the same regime until today. It is very important to have a constant regime and policy to attract more investors. It is also important to have the policies which provide more benefit and advantages for people who want to contribute or get into the business. The current president is Mr Dmitriy Medvedev and the prime Minister is Mr Vladimir Putin. According to Mr Putin, they do not want to have the copy of the USs political system. Russias government has it own system which closes to its convention and situation. The advantage of Russia is that it is consider as the country which will take charge of all the roles of the Soviet Union in different international organization. Russia continues the commitment of the USSR with United Nation Security Council and the seats of USSR in other international organization. Even though Russia is a federation but there is still the involvement between the main government and the region or local government. According to the Human Rights Watch, Russian citizens do not have freedom. Despite the fact that they have a very strong judicial system, the rate of prisoners in Russia is still high at 628 out of 100,000. It leads to the fact that the prison is not in the good condition and sometime over loaded. Russia has an open foreign relationship strategy. Until the year 2009, they have official relationship with 191 countries and 144 embassies. It is a good opportunity for the trade and economic of the country, not mention to the fact that Russia is playing a very important role in preserving peace and safety of the world. Another advantage of Russia is that they implemented the technology and the militaries force from the USSR. This country has the biggest store of nuclear weapon with the military which includes navy, ground force and air force. Russia is one of the countries with well developed and home-grown arms industry. They also have the plan of growing their military and put more invest on that until 2015. Russia is in the world first rank of producing and exporting weapons. They are not only producing enough for their own need but also for selling to 80 different countries around the world. It contributes a considerable part in the revenue of this country. The development of t echnology in military is also support to the position of Russia in the World. Under this regime and maintain the same foreign relationship policy play the major role in the stability and growth of the countrys economic. With the strong and peaceful relationship with others countries, it is push factor for Russia to expanse the economic as well as attract more and more investors from inside and outside of the country. The political side takes the main role in order to run the business of the whole country. It is the main feature to keep the stability of the social as well as the economic. The investor need to have the impression of safety and security as well as the space to growth inside the country in order to persuade them to invest in the country. Economic: The economics of Russia depends mainly on the natural resources. There are two major resources are oil and gas. This country has the GDP in the rank of 10th.biggest in the world. Russia is the country with the advantage of natual resources, the big area with the area for agricuture 4th largest in the world and a perfect location between Europe and Asia. Despite all the advantage that the country has, its economic is not comparable to other countries in Europe. It is because the growth of the economy of Russia is depending the price of the oil in the market. Russia-GDP-per-capitaConstant-Prices-Since-2000Chart-000001.png It is shown from the chart that the economy is growing instantly. The problem of Russias economic is that it is too dependent on the price of crude oil. In order to cope with this situation, the government need to have a conventional budget to deal with the productivity of the lalor. Along with that, they should have a reasonable tax system and a suitable monetary policy that make the ruble become the competive currency but also make sure the price is not to low. In order to have a strong economy situation, they also need to pay more attention on the education of the new generation. The change of the political regime and the economic system lead to the fact that they need more people with open minded, flexible and willing to learn and be active in the econmic. It is another weakness that make Russia position is lower than others european countries. Another challenges for Russias economy is that the process of tranforming from communism to free market was later than the other countries in the West. Russia got into the post industrial economic after other so that there is the gap between Russias economic growth compare to other developed countries . Russia is the country with resources, high technology and lobor. In order to fulfil the space between Russia and other contries, Russia need to have a policy that get them out of the Soviet Unions shadow. They need to chose the right market for their product. Social: From 1990, with the changes in the regime of politic, the society stepped forward. They convert from a society with autocratic structure to a society with democratic character. This change enlarges the gap between the poor and the rich people in the society. Even there is no obvious classification structure in society, the stratification is judged by wealth. The most obvious evident of capitalism in the society is that people started to spend in a wasted scale with expensive cars, clothes and outfit that a normal Russian can not afford. The revolution in society structure leads to the changes in mentality and mindset. For example, People have different perception toward the family plan. From 1990, the rate of birth is decreasing remarkably, along with that is the increasing of death rate. The death rate is raising cause of the health care system. In Europe continent, Russia is one of the countries that being affected strongly by HIV and alcohol poisoning. 300px-Natural_Population_Growth_of_Russia.PNG   Ã‚  Birth rate   Ã‚  Death rate   Ã‚  Natural growth rate A part from that, we can not mention to the development of the social activities. The development of entertainment and social activities contribute a main part in the improvement of Russians living standard. Russia is well known with literature, music, ballet dance with all the famous artist, composers, and philosopher such as Leo Tolstoy, Tchaikovsky, Pushkin and Lenin. Russia is also known for all the sport even with international scale such as summer Olympic in 1980 and winter Olympic which will be hold in 2014. The life in some of the big city such as Moscow, St Petersburg is as lively as the life in New York. Moscow and St Petersburg are the most popular venue for MICE industry (Meeting, incentives, conferences and exhibition) with professional service, high technique support, good facilities as well as social activities. Russia is a folklore country which is always a mystery for everyone to discover. Technology: Russia is a country which is rich in science tradition. The technology sector of Russia started to be recognized from the early of 18th century and continue to develop until today. Russia has a good reputation on science and technology with the contribution of Mikhail Lomonosov, Pafnuti Chebychev and so on. They many impressive work of art in different filed such as Mathematic, Chemistry, Structural engineer, earth science and aerospace engineer which contribute a significant part in the development of the countrys technology. Because of the advance in this field, it contributes to the position of Russia in many different international organizations. The well developed in military materials and weapons add a stronger voice to the role of maintaining peace and security of Russia and all the countries around the world. In the 20th century, the whole world was surprised because of their advance in aerospace engineer. Russia was the 1st country who sent people in the space. Not to mention the fact that Russias air craft is on the list of the most produced air craft. The 20th century is not only the notice moment for the development of technology for Russia itself but also for the whole world with a new generation of knowledge. Even they have a good base and remarkable success in technology but somehow it does not contribute much to the revenue of the country. In contrast with the development of the technology is the economic. They have the economic which mainly depends on exporting oil and other natural resources. The development and success of the economic is totally depending on the price of the product in the market. Russia can not take the initiative on the growth of economic and which direction will it go. In order to be more active in the economic, it is the must for this country to focus a pro duct where they are really in advanced compare to other countries. Noticing the important role of technology and its effect to the development of economic, the president, Mr Medvedev has paid more attention on the modernization and advance technology such as Rosnano and Nano technology. The government started to put more fund on this field and they are ready to support any of Russian who want to develop their career in this field. The aim of this is to get the best out of the Russia. Looking back to the Soviet Union era, compare to now, and the technology industry of Russia is far behind other countries. Technology has to be things that made in Russia and by the innovation of Russian. The most important thing at the moment is that they need to motivate people, they need more innovation which can be leapfrog their own success in years behind and also to conquer with the well developed science and knowledge of other Western countries. The president wants to develop the technology side which already has the strong base, thanks to the Soviet Unions knowledge and development in this field. With all the work of science from years ago, it is very positive that Russia will take back its place of leading in the technology industry. He believes that with the technology of Russia can take advantage over the western with the advance technology. The success of this will push the expansion of trade and industry. It opens a new opportunities to grow in economic, which make the trade of this country becomes more and more initiative and be more active with the changes of market. With the success in this plan, there will be the big improvement in living standard, help the country out of inflation and the increase of unemployed rate. Legal: On the way of developing and transforming itself from a communism to a capitalist country, Russia also changed it law in order to be match with the new regime. The new law is more Western approach, very systematic and market oriented. It is totally different from the law of the Nordic countries. The new law of Russia is mainly base on the legislation, so that why there are still some gaps on the law system. The corruption rate is still high in the last few years: According to the transparency international organization, in 2010 the corruption rate of Russia is staying at the rate of 2.1 which consider as one of the country which have very high corruption rate. This takes into consideration for people who think about investing in this country. Above is the chart to calculate the degree of freedom in the trade and industry of Russia. In order to attract more investment, the government pass the law which make no different between foreigner investors and national investor. Even thought there are some areas that foreigner must have the improvement of the government in order to get into the business. It is the strategies that focus the investment of foreigner in some of the sector which are in need of it. There also some other restriction in term of ownership as well as payment. However, there is the need of changes to reduce the corruption as well as to be more open to investors. Balance of payments Russias Balance of payments history from 1995 ~ 2010 From year 1995 to year 1997, the current account of Russia decreased from 6963 million US$ to negative 80 million US$ because of the Economic crisis in 1997 which reflected less import and investment from foreign country. During Vladimir Putin Presidency, he had led Russians current account to a downward pressure on exchange rate and the opposite of upward pressure on Russians ruble. Therefore in year 1998, Russia exports and imports were growing because of the devaluation of ruble. Coming towards year 2003, Russias has grown from 35410 million US$ to 94367 million US$ in 2006. However, in 2007 the current account of Russia had shrunk by 18% to 78390 million US$. With the decreased of current account surplus, it reflected an increased in foreign reserves funds to 148.9 billion US$. In year 2008, the current account had a positive growth of 102400 million US$. The reason is because of the volume of exports and imports increased. Throughout the year from 1998 to 2008, Russia depends on their main export of oil and gas which gave them a positive surplus on current account and trade balance. Therefore in mid 2008, both economic and exchange rate policy had backed up by the balance of payments with the measures of government in order to overcome the crisis. However in 2009, Russian balance of payments was affected by the external economic situations as well as the loss of confidence by the investors towards the market of Russia. This had made Russias economy decrease in financial account operation. The current account dropped 50% to 47514 million US$ because of the economic crisis. In year 2010, the balance of payments increased by 47% to 77569 million US$. The total exports revenue has a number of 398 billion US$. Within this amount, 300 billion US$ came from oil and 98 billion US$ from the gas. Trade Balance Russias Trade Balance history from 1995 ~ 2010 Trade balance (in bln US$) From year 1995 until year 2000, the number of goods that exported from of Russia started to grow, where as goods the imports to Russia decreased. However starting from year 2000, Russias export rate maintain on a constant growth which reached 411 Billion US$ in year 2008. With this stable growth; it had led Russia to a stronger economy. In addition, with the substantial growth within year 2000 until year 2008, each of the years Russia had gained a lot of surplus, mainly because the exported goods was more than imported. In year 2000 until year 2008, the surplus had increased from 67 billion US$ to 131 billion US$. With the sufficient trade surplus, Russia invested a lot on their countrys resources such as gas and oil rather than invest on other economy sector. The investment had made Russia become the dominance player on energy resources. Besides that, Russias main revenue came from exported products. Goods that Russia exports such as petroleum products, wood products, metals, natural gas, grain, chemicals, and a wide variety of civilian and military manufactures. Main imported were vehicles, plastics, machinery and equipment, medicines, iron, steel, consumer goods and metal products. The main export countries are Netherlands, Italy, Germany, China, Turkey and Ukraine. Russia chooses these neighbor countries because Russia has the fundamental pipelines and storage facilities to supply them with energy sources in the most cost effective ways. Therefore, Russia became dependent on European markets as well as the power to control over the domestic markets. In 2004, Exports earning started to have multiplier effects which generated above 50 billion US$ each year until year 2007. The main reason is because of the European Union, 29% of natural gas and 26% of oil are imported to European countries. In 2008, the energy sources demand had increased almost twice as in year 2004, 40% of gas and 33% of oil were exported to those countries. Moreover in year 2008, Gross Domestic Product of Russia reached to the highest point at 1.677 trillion US$, which had made Russia the worlds 8th richest country. Besides that, as the worlds 8th richest country, Russia made 471.6 billion US$ of export in 2008. Unfortunately the result turned out bad in year 2009. It decreased 37% and amounted 295.6 billion US$ export rate. Imports slightly decreased as well, from 291.9 billion US$ to 196.8 billion US$. The trade surplus decreased from 119.1 billion US$ to 91.8 billion US$. The main reason is because of the economic crisis on late 2008. The crisis effect the exchange rate badly, the value of Ruble it decreased from 24.853 Ruble per 1 US$ to 32 per 1 US$. One of the main reasons is because of oil prices, the price fall from $150 to $39 a barrel as Russia depend on energy sources market. The world crisis led Russians companies access to cheap foreign credit. Business, companies and employees started to reduced working day or even fired staff as well as the bank, they increased the interest rate caused less investment and scaled down mortgage program. Money value depreciated caused them to spend more on exporting their resources. Therefore, Russias capital flows reversed tremendously in 2009. Besides that, GDP (real growth rate) decreases from 5.2% from 2008 to -7.9% in 2009. A GDP decrease is because of negative result from exports, import, personal consumption expenditures and investment. On September 2008, Russians president Dmitry Medvedev ordered ministers to put in 500 billion Rubles of state budget funds into the market in order to rebuild the financial system of Russia. In 2010, Russias economic got back to the normal status because of the rising price of oil and improved capital inflows. Exports earning has a number of 350 billion US$ and 237 billion US$ on Imports. In year 2025, we predict that Russia will become the top 10 best economy country. The economy of Russia will be strong mainly because of the sufficient natural resources. Apart from that, it is the fact that the worlds oil resources is getting lesser and lesser, this benefits had given Russia to increase in their oil prices and generates more revenue in exports. In 2025, Russians oil and gas exports enabled Russia to become the energy dominance market in Europe once again. With location, currently Russia is in the middle of China and Europe which is the fitness location to trade. Despite of the location, we believe that Russias government will remove some of the import restrictions to improved relations mainly with China. With the investment flows from China, we believe that it will strongly boost Russia economic as China will be the most developed country in the future. The surplus will keep on track with strong exports and weaker imports. Therefore, we believe that in the next 10 years Russia will have a deficit free budget because of the exports of oil and gas as well as GDP maintained at 3.5%. In 2010, foreign investment in Russia accounted on 301 billion US$ while in the next 15 years we accumulated investment will grow twice as year 2010 to 600 billion US$. It is estimated that oil extraction in Russia could fall by 20% in year 2025. Besides that, Russias oil and gas pipeline and refineries almost reach the end of their vitality as well as the aging oil field had made the companies in Russia think that it is too expensive to discover new oil fields. As a result, we predict that in the future, Russia government will create better conditions for investor to invest in oil and gas system and bring in better technologies which can provide better return in gas and oil production. Although in year 2025, the global economic had regained its momentum as well as the global energy resources price had leveled off. Countries such as Iran maybe reentered the global gas and oil market. Therefore, there is an increase in supply of oil and gas which will result a decrease in energy prices. As a result, we predict that before year 2025, economic downturn once again occur which will badly affect the economics of Russia. In addition, we also agree with BRICS, they had forecast that in 2050 India and China will become the dominant ma rket of goods and services manufacturer. On the other hand, Russia and Brazil will become the dominant market of raw materials. Exchange Rates In 1998 Russia was undergoing a major financial crisis which in fact started in the Asian market. Russia mainly depended on their natural resources to keep the flow of currency stable.. Inflation during that period rose to roughly 84%, creating no value for the Ruble. Due to this the price structure for basic commodities also increase by over 100% as the currency value kept depreciating. Russia then regained stability as the demand for oil increased which enabled their exports to reduce inflation. During 2000 and 2002, the value of the Ruble became stronger leading to the exchange rates for other currencies. The Graph above illustrates how the exchange rate average was compared to the United States dollar and the Euro. The government mainly focused on reducing the inflation rate and believed that by doing this, it would have a positive impact on the exchange rate. Within the period from 2002 to early 2007 the USD dollar prices increased steadily. In late 2007 when the global financial crises hit, the value of the ruble decline and people began to exchange the ruble to the US dollar and euro. A plunge in the value of the USD was due to the financial crises but as towards the end of 2008, the values on the exchange rate increased The current position of the ruble is valued at 0.033 USD and 0.024 Euros. As Russia is considered to be a fast growing economy, the value of the ruble would gradually become one of the most dominant currencies to trade with. As majority of the European countries get their oil and gas supplies from Russia, they would as a result increase the GDP within the economy. Depending on how the US markets would be developing, if they become stronger and the value of the USD becomes much stronger then it would slightly depreciate the value of the ruble. Another factor would be the foreign investment which could contribute in determining how strong the value would get. The major benefit is the oil exports as that brings majority of the revenues towards the economy and future prospect of trade with major countries would be an assurance to the money supply stream. After the global economic crisis, Russia had to set its path to recovery, stabilizing all sectors which are their co-components holding their economy in place. Below shows a graph of the inflation trend throughout 14 years; In 1998 and 1999 we notice that the inflation had boost up tremendously due the Asian financial crisis. Moving from a centralized to a free market system, it was difficult for them to implement fiscal reforms which mainly emphasized in raising government revenues and relying on short term borrowing in order for them to finance their budget deficits. The major export earners having lower prices together with a lack of confidence levels from their investors made the situation even worse off. A sharp steep decline in the value of the ruble created hyper inflation within the economy. After recovering from the major financial crisis, the economy enjoyed a reasonable growth average for a strong 9 years. The inflation rate kept decreasing year by year as strategies were put in place to monitor key economic reforms such as labor, tax brackets, banking, and favorable prices implied to commodities. When the global financial crisis hit the economy, their stock market collapsed as top businesses began to sell their shares in order for them to pay off some of their debts to international lenders. The global demand, the prices of goods as well as the tightening of credit prevented the economy from growing. The major factor during 2001 and 2006 was of the government growing surpluses by saving some of the revenues from oil exports. The revenues were then generated into the economy in order not to face most of the impacts of the crisis. The inflation rate last recorded in 2010 was 5.5% and has now a very strong stable economy. They noticed that they had passed the crisis phase and as a result began to develop new strategies in order to overcome other pressures. As the government is monitoring the inflation rate carefully and with statistical data shows that the inflation rate has been kept at a minimum level and the government does control it even in crucial times. This would not be one major factor for them to consider as their GDP is increasing constantly though the financia l crisis which had a small impact on it. Looking at the GDP rates shows a marginal difference within the last decade. Again the recession played a part in lowering the standard of living in 1998 and 1999. A steep increase in investment enabled the GDP to increase severely and maintained the standard growth. By 2008 the GDP almost increase by 5.6% but the decline forced the value of the Ruble to decline marginal and as a result their dominating industry of oil and gas exports also crashed to a certain extent. Currently the GDP of real growth rate is approximately 3.8% and is said to increase it to 4.2% by the end of this year. The current GDP per growth rate Analysts believe that if continues growth of the GDP would be constant, Russia would be considered one of top 5 countries with the largest economy. They predict that the GDP will almost double within the future decade having a rate of 14 to 16%. The table below shows you statistics taken by the IMF and the World Economic Outlook. I strongly believe that the GDP would increase to that level as their exports are increasing for oil and gas. This is one major benefit which would help them in times of recession and also to maintain their GDP.

Sustainability – Case Study: Zimbabwe

Sustainable development is development that meets the needs of the present generation without compromising the ability of future generations to meet their own needs. Locate and identify with a sketch map the geography of Zimbabwe. Zimbabwe is a landlocked country located in southern eastern Africa. The terrain is mostly high plateau with a higher central plateau (high veld – any of the open grazing areas of southern Africa) and mountains in the east. Zimbabwe covers an area of 39000 sq. kms and has a population of 12.8 million of which 35% are urbanised. Half of these are in the capital city which is Harare (located by the red dot on the map). What are the challenges that face Zimbabwe today? You can read also Costco Case Study There is racial divide as only 2% of the population is white; of the majority black population 71% are Shona and 16% Ndebele. The country is now effectively bankrupt. Social service provision is in decline and unemployment is running at 60%. From being self sufficient in basic food stuffs it is estimated that in 2003/2004 only one third of its main staple food maize will be available. Half the population are said by an O.E.C.D. Report (2003) to be facing starvation without outside aid. There are spatial inequalities such as at the periphery. The World Bank (1999) estimated the 6 million population in the communal lands live on less than an average of 1US$ a head per day and that 58% live under the poverty line compared with 8% in the core. The periphery lacks urbanisation, rail and road networks, power grids, mining estates, manufacturing and various forms of social infrastructure. From 1990 – to date the government moved away from a direct attempt to address the issue of regional inequalities towards economic policies which benefited the core region but which it was hoped would also bring spread effects to the periphery. The core is still dominated by a capitalist based and export orientated economy. There is extreme social dualism, 20% of the population command 60% of the country's GDP and are mainly urban based. Since 2000 an ill thought out Fast Track land reform programme, together with illegal land occupation of white commercial farms, has failed to significantly relieve pressure on communal lands and crippled the commercial agriculture sector which was a main source of food supply and the major source of exports. Outline the urgent priorities that Zimbabwe faces today. Reduction of regional inequalities is a central policy under the government's declared principle of ‘Equity with Growth'. They are a result of a combination of interrelated factors: Natural resource disparities and natural events such as periodic drought, Economic forces, core periphery contrasts, a failure of government policies, external factors operating from 1890. From 1998, and particularly following the controversial 2000 general election, Zimbabwe has been plunged into crisis as a result of a number of factors – periodic droughts, the Aids epidemic, rampant inflation adversely affecting both internal finances and the country's competitiveness in overseas markets and a collapse in all major sectors of the economy. The crippled commercial agriculture sector which was a main source of food supply and the major source of exports, brought about by the land reform programme. This contributes to widespread food shortages and economic downturn from exports.