Wednesday, January 29, 2020
Economic progress in Russia in the years 1981-1982 Essay Example for Free
Economic progress in Russia in the years 1981-1982 Essay Despite frequent changes in policy, Russian and Soviet governments were spectacularly unsuccessful in securing sustained economic progress in the years 1881-1982ââ¬â¢. Assess the validity of this statement. Between 1981 and 1982, Russia underwent huge changes, particularly the in economy. Russian history is well known for its frequent changes in policy as the country faced revolutions, changes in regime, changes in leadership and not to mention its involvement in various conflicts. As a result, Russiaââ¬â¢s economic policy was subject to major change apart from three key areas, industry, agriculture and the tertiary sector. These three areas of the economy remained a constant in its ever changing climate; however, many historians still argue that Russiaââ¬â¢s economy was unsuccessful and poorly managed despite its frequent change in policy. Thus begs the question, ââ¬ËTo what extent is this true?ââ¬â¢ The Tsarist regime, for many Russians, was a period of economic instability as agriculture was seen as a secondary concern. Growth rate was not structured and growth rate fell considerably between the late 1890ââ¬â¢s and 1905.[1] Meanwhile, other economies expanded leaving Russia struggling to catch up and some historians see agriculture as a reason for Russiaââ¬â¢s economic decline. For example, Carol. S. Leonard argued that Russiaââ¬â¢s grain production per capita GDP was lagged far behind that of America in 1913.[2] This argument shows how agriculture in Tsarist Russia wasnââ¬â¢t dealt with effectively and as a result, the economy suffered. On the other hand, some historians have pointed out that agriculture in Russia during the late Tsarist years were not so destructive. One argument maintains that actually, Russiaââ¬â¢s agriculture grew and developed quite substantially pre- revolution. For example; from 1890 to 1913, cereal production per capita increased by 35%[3]. Although this evidence is hard to ignore, it is also difficult to turn a blind eye to the contrasting evidence which suggests that agriculture suffered under the late Tsarist regime and consequently, affected the economy as a whole. For example: ââ¬Å"There was very little investment in agriculture in Imperial Russia and this lead to small yields and economic volatility when prices rose and fellâ⬠¦lack of investment in agriculture frequently caused grain prices to rise which caused faminesâ⬠[4] Overall, although agriculture grew slightly during the Tsarist regime, ultimately it suffered greatly as did the Russian people. Looking at agriculture alone, Russiaââ¬â¢s economy looked bleak however; industry had slightly more success during this time so perhaps the economy was not so bad after all. S J Lee puts forward a simple statement: ââ¬Å"The periods of most rapid growth were in the reign of Nicholas II (1894-1917) as a result of the economic reforms of Sergei Witte (1892-1903)â⬠[5]. This is easy to see, when one considers that in 1914, Russia produced 35 million tons of coal, ranking Russia fifth amongst the main producers.[6] Building on Leeââ¬â¢s argument, there seems to be a lot of evidence pointing to Sergei Witte as the main reason for Russiaââ¬â¢s industrial boom. Upon taking office, Witte raised massive amounts of capital by securing a loan from France and raising taxes and tariffs and interest rates.[7] However, it is the development of Russian railways which Witte is perhaps most remembered for. Under his guidance the railway network grew from around thirty one thousand km to around fifty three km worth of track.[8] With Witte at the helm, Russiaââ¬â¢s industry continued to develop with growth rates comparing well next to those of the United States and Germany. Witte has often been credited with modernizing Russia to such a great extent that its industrial boom continued long after he left his post as Finance Minister in 1903. For example, in 1913, Russiaââ¬â¢s steel production stood at 4.9 million metric tons next to Franceââ¬â¢s 4.7 million, with coal and iron not far behind.[9] On the other hand, Witteââ¬â¢s industrialization policies were not always so successful. For example, between 1890 and 1899, Russiaââ¬â¢s industrial growth stood at 8.0% whereas between 1900-06, it reduced to 1.4%[10]. His aims of modernizing came with a heavy cost and it was consumers who had to pay the price. Taxes were raised but only for the lower classes, indeed the wealthier classes were spared from taxation although their money was needed for private capital. Tariffs also caused problems as, although they protected Russian industry, they added to the cost of living.[11] Whatsmore, although some historians have credited Witteââ¬â¢s decision to seek loans from foreign investors, some remain critical. This is because the interest added to the loans had to be paid in a secure medium meaning, in order to pay off their debts, Russia was forced to export grain regularly, including during the famine of 1891.[12] Overall, although Witte made huge strides in modernizing the Russian economy, he was not entirely faultless. Industry picked up, but there were still issues and it was the common man who had to pay. The economy still suffered, although, arguably, not as much as it would have done without Witte. However, the tertiary sector also contributed to the economy. Although some historians critique Russiaââ¬â¢s dependence of Western investors, these ties had corresponding benefits in the shape of trade. [13] Business also boomed within Russia with eight large banks emerging in 1899 which owned more than half the total bank capital. This provided free access for foreign capital, controlling important branches of the Russian economy, including the fuel and metallurgical industries. [14] Moreover, according to Robert Service, domestic industrialists and banks were thriving too.[15] This argument can be supported by the growth in towns and cities between 1897 and 1914. For example; the population in St Petersburg grew from 1ââ¬â¢300 thousand (1987) to 2ââ¬â¢100 thousand (1914)[16]. This shows that the economic growth had a positive impact on society and the country was doing well under the Tsarist regime. However, although to the naked eye Russia seemed to be doing well, their growth wasnââ¬â¢t so great. Compared to the other Great powers of the period, Russia was lagging far behind. Between 1894 and 1913, Austria-Hungary had a 79% increase in national income whereas Russia was lagging far behind with only a 50% increase[17]. This clearly demonstrates that Russiaââ¬â¢s overall situation was not so great and actually, Russian people did suffer. When Lenin came to power in 1917, he brought with him a change in regime and economic policy including the introduction of war communism. War communism aimed to socialize the economy through state involvement. Rural areas were subjected to grain requisition which was forcibly removed by the military.[18] This inevitably was unpopular and caused much suffering and peasants who stored their crops were often wrongfully prosecuted. It was not just agriculture which suffered. Factories were nationalized by November 1920 and were geared towards war production.[19] Additionally, private trade was banned and rationing was introduced on consumer goods including food and clothing. War communism was, effectively a self destructive policy. Grain requisitioning meant more than three million people died of starvation by late 1922.[20] Moreover, money lost its value and people got by through a system of barter. Inflation shot up and multiplied 1917 costs by four million in 1922. Additionally, in comparison to the growth in city population during the Tsarist regime, people fled the cities. For example; in December 1920 the population in Petrograd fell by 57.5%[21] Lenin knew that it was time for a change. War communism caused more harm then good so Lenin came up with an alternative, the ââ¬ËNew Economic Policyââ¬â¢ (NEP). Peasants were allowed to sell grain for profit and they paid tax on what they produced rather than giving it up[22]. Things also changed industrially and in the tertiary sector. Businessmen could own small or medium sized businesses however large firms were still state owned.[23] The NEP basically gave the people of Russia freedom and Lenin hoped that it would boost economic growth as well. However, in 1924, Lenin died and Stalin came to power. Stalin also brought new ideas and his own ways of modernizing the economy. In November 1927, Stalin introduced his policies of industrialisation and collectivisation with the aim of modernising the economy. They were supported by a series of five year plans, the first (1928-32) aimed to improve living standards and the second (1933-37) and third (1938-41) aimed to highlight and thus, amend, Russiaââ¬â¢s weaknesses[24]. Industrialisation was relatively successful as by the late 1930ââ¬â¢s many workers conditions had improved and they had acquired better paid jobs and unemployment was almost non-existent. Accounts from the time support this view: ââ¬Å"Good progress was madeâ⬠¦4ââ¬â¢500 new factories, plants, mines and power stations were commissioned, three times as many as the first Five-Year periodââ¬â¢[25]. On the other hand, industrialisation was harsh and lateness for work often led to employees getting the sack. Many prisoners also paid the price by working on the grand engineering projects and working in appalling and dangerous conditions. For example; around 100ââ¬â¢000 workers died building the Belmor Canal[26]. Collectivisation was ultimately unsuccessful and peasants were in a worse position than ever before. The concept of sharing farms and thus, sharing salary meant there wasnââ¬â¢t enough money to go around and crop production fell too. For example: ââ¬Å"â⬠¦Grain shortages, combined with continued forced procurements, led to rural famineâ⬠¦Ã¢â¬ [27] However, some people benefitted from collectivisation such as Bertha Malnick: ââ¬Å"We have more than 600 hectaresâ⬠¦our farmers have built 70 new houses for themselves during the last few yearsâ⬠¦Ã¢â¬ [28]. However, it is reasonable to conclude overall that collectivisation was unsuccessful given the various sources which provide figures of those who died or badly suffered during Stalinââ¬â¢s reign. Stalin died in 1953 and Khrushchev took over. Khrushchev focused on DeStalinisation, distancing the USSR as far away from Stalin as possible. Khrushchev was keen to adopt a different economic policy with the aim of building on the countryââ¬â¢s previous economic growth and amending its weaknesses and one way he did this was by abandoning the five year plans and starting a new, seven year plan (1959-65) which aimed to take advantage of newly discovered mineral resources and fit in with industry[29]. Khrushchev pumped a lot of money into agriculture and overall 40% of investment was put into the neglected eastern regions of the USSR[30]. However, the seven year plan had similar flaws to the previous five year plans such as mistakes in resource distribution. Living standards got worse, the opposite to what Khrushchev had hoped to achieve. For example; only five in one thousand citizens owned a car and in 1963, the USSR was forced to import grain from the capitalist west to compensate shortages.[31] There were successes during this time such as the rise in foreign trade however this canââ¬â¢t compensate for the huge failures experienced during this time. Khrushchev made an honest attempt to improve the economy however his plans backfired and once again the country was left to clean up an economic mess. Eventually, Khrushchev was removed from power and in his place came Brezhnev who did little to change the economy. The era of Brezhnev has often been described as ââ¬Ëa period of economic stagnationââ¬â¢ but some historians believe that this is not fair. Like Khrushchev, Brezhnev wanted to focus on improving agriculture and living standards in Russia. Historians Gwyneth Hughes and Simon Welfare support this view saying: ââ¬Å"â⬠¦After the terror of Stalinââ¬â¢s reign and the chaos of Khrushchevââ¬â¢s, the Soviet Union was in for a period of stability, and that meant everyone kept their job and their perks for life.â⬠[32] Brezhnev allowed farmers to work on state own plots which motivated them to produce as much as possible in order to sell the surplus[33]. This, in theory, should have been beneficial and shows that Brezhnev was trying to improve the economy through new methods however, he was not so lucky. In 1975, the USSR suffered another poor harvest meaning Brezhnev had to increase foreign exports to keep everyone fed. This was just another disaster in Russia but Brezhnev did little to help. His aim to improve agriculture and living standards meant he neglected industry and production rates continued to rapidly fall[34]. However, arguably his biggest flaw was his inability to change the already ridged economy. Brezhnev had new ideas but couldnââ¬â¢t fight the system and by the end of his reign, Russia had made little improvement. Historian Dmitri Volkognov best sums up the Brezhnev period saying: ââ¬Å"If Lenin and Stalin, and to some extent even Khrushchev, were able to enliven the moribund ideology of Communism, it was quite beyond Brezhnevâ⬠¦Ã¢â¬ [35]. In conclusion, between 1881 and 1982, Russia experienced much hardship especially surrounding the economy. After analyzing this one hundred year period it is hard to deny that the statement ââ¬ËDespite frequent changes in policy, Russian and Soviet governments were spectacularly unsuccessful in securing sustained economic progress in the years 1881-1992ââ¬â¢. The economy under the Tsarist regime had its faults and during and after the 1917 revolution, it was widely believed that the countryââ¬â¢s economic situation would improve. However, from Lenin to Stalin and Khrushchev to Brezhnev, it seemed that no leader was able to sustain a long-lasting and successful economic policy. The economy grew as quickly as it declined and it has taken many years to make any significant progress since. Therefore, this statement is valid. ________________ [1] Heinemann Advanced History: The Modernisation of Russia 1856-1985 [2] Agricultural Productivity Growth in Russia 1861-1913. From Inertia to Ferment by Carol. S. Leonard [3] The Penguin History of Modern Russia by Robert Service [4] www.historymadefun.co.uk/Tsarism [5] Overview from Russia and the USSR: Autocracy and Dictatorship (questions and answers in History) by Stephen. J. Lee [6] Stephen J Lee [7] http://www.slideshare.net/russeltarr/tsar-nicholas-ii-and-industry [8] The Industrialisation of Russia by M. Falkus [9] http://www.portalus.ru/modules/english_russia [10] M. Falkus [11] A2 History OCR: A Russia and its Rulers 1855-1964 [12] A2 History OCR [13] S. J Lee [14] A History of the USSR [15] Penguin History of Modern Russia [16] M. Falkus [17] The Making of the Revolution, 1881-1905 [18] From Years of Russia and the USSR, 1851-1991 by Evans and Jenkins [19] Evans and Jenkins [20] The Russian Revolutions 1914-1924 [21] Evans and Jenkins [22] The USSR, Germany and the USA between the wars [23] Russia and the USSR 1905-1941 [24] The USSR, Germany and Russia between the wars [25] A Soviet view of the second five year plan from History of the USSR by Y. Kukushkin [26] Stalin and the Soviet Economy [27] European History 1848-1945 by T.A Morris [28] Everyday Life in Russia by Bertha Malnick [29] AQA A2 History Triumph and Collapse: Russia and the USSR 1941-1991 by John Laver Sally Waller [30] Russia 1855- 1964 Flagship History by D. Murray and T. Morris [31] The Soviet Economy 1917-80 by S J Lee [32] Red Empire. The Forbidden History of the USSR by G. Hughes and S. Welfare [33] www.ibguides.com/history/notes.ccom [34] Years of Russia and the USSR, 1851-1991 [35] The Rise and Fall of the Soviet Empire by D.Volkognov
Tuesday, January 21, 2020
Pocho by Jose Antonio Villarreal Essay -- Mexican Culture Catholicism
Pocho by Jose Antonio Villarreal The 1959 novel, Pocho, by Josà © Antonio Villarreal is an insightful cultural exposition told primarily from the vantage point of Richard Rubio, the coming-of-age son of immigrant Mexican parents who eventually settle in Santa Clara, California, after many seasons of migrant farm work. Although fiction, the story likely mirrors some of the experiences of the author who was born to migrant laborers in Los Angeles in 1924 and was himself a "pocho" - a child of the depression era Mexican-American transition. ("I am a Pocho," he said, "and we speak like this because here in California we make Castilian words out of English words." p 165) Such a journey was a difficult one ("...for the transition from the culture of the old world to that of the new world should never have been attempted in one generation." p 135), and Villarreal nicely employs a cross cultural bildungsroman to explore a diversity of related themes. Among the most prominent are strains of racism/classism, belonging and dislocation, death and meaning and self-identity, and sexual awakening. In a slim 187 pages the author competently weaves social commentary (via the seemingly innocent adolescent perspective) into a moving narrative that only occasionally veers toward the pedantic. Richard's father, Juan Rubio, is proud to be a Mexican and resents the Spanish people, whom he identifies as oppressors (although Juan is clearly of Spanish descent since he had "fair skin" and "blue-gray eyes" - p 1). He explains to his son, who exclaims in response to his father's prejudice, "But all your friends are Spanish!" (p 99): "That is all there is here," said Juan Rubio, "but these people are different - they are also from the lower class... ...s parents. Second, one should not, on penalty of going to Hell, discuss religion with the priests. And, last, one should not ask questions on history of the teachers, or one will be kept in after school," he said. "I do not find it in me to understand why it is this way." (p 85, 86) Author Josà © Antonio Villarreal has a dry sense of humor and, as mentioned above, does a marvelous job weaving bits of wry commentary throughout the novel. Another fun quote is when Richard's sister, Luz, demonstrates her own prejudice for the newly arrived, and darker skinned, Mexicans: "Well, they ain't got nuthin' and they don't even talk good English." (p 148) Now, 50 years after the novel was first written, the story is still relevant. It's an intriguing narrative and helpful in capturing the "double consciousness" that many Mexican-American's lived with as a matter of course.
Sunday, January 12, 2020
Morality in Copying CDââ¬â¢s Essay
Morality is an issue that will forever encompass debates from thousands of sectors around the world. There are no definite set of rules of what is moral and what is not; as such, it will infinitely be hard to define. Judging someoneââ¬â¢s morality is going to be difficult given this lack of definitive structure of the subject itself. This paper will be discussing piracy (which is what copying cdââ¬â¢s may lead to) in the context of morality. As difficult as the task may sound, this paper shall try to be as objective as it can be given the infinite boundary of the context. Piracy Piracy has been the thorn on the side of the music industry since the early 1990ââ¬â¢s. Piracy is not even hard to do, given that one must simply stick a CD to a computer then transfer its entire contents to another and from there, numerous other copies can be made. The cycle does not and will not stop because most people prefer things for free. College students who must be the most frequent computer users will not be averse to copying CDs and distributing it to others. They sure enjoy their music and they normally are under strict budget due to their educational financial needs. The music industry is not the only field that piracy has wrecked. Almost anything that is being distributed on a CD or uploaded online has been endangered by piracy. Software is easily pirated, the newest Microsoft products are easily found on bootleg shops, finding its way easily in the third world black market. Aside from software, there are videogames and movies that can easily be copied and sold for much less than the producer originally retailed it, all illegally, of course. With piracy, the artists, software developers, producers, actors, programmers suffer as they are not paid the royalties they deserve for working hard on their respective projects but the consumers win, as they get the media they want/need for free or at a considerably lower price. The Utilitarian Approach According to Velasquez, et al. (1989), ââ¬Å"utilitarianism is a moral principle that holds that the morally right course of action in any situation is the one that produces the greatest balance of benefits over harms for everyone affected.â⬠The utilitarian approach can certainly be used by those who copy the CDââ¬â¢s and distribute it to a wider span of users. When a person purchases a CD and uploads its entire content online on a file sharing site, his reasoning is that, such upload can share the music to a wider variety of people. These people can get it for free thanks to that one person who uploaded it for sharing out of the goodness of his heart. When a person buys a CD, he has paid for rights to use the content of that music. No matter how he abuses the content of that CD by repeated usage is something he is entitled to do. However, copying the entire contents of the CD and giving the copy to another person is another story as herein, he has breached some legal boundaries of his usage. Morality may be a subject that is infinite but legality has very strict confines and stepping beyond its boundaries is punishable by a hefty sum, long hours of community service or jail time. The utilitarian reasoning is not a defense against illegal acts and as such, one cannot escape punishment by reiterating that he committed piracy for the benefit of the world, out of the goodness of his heart. In addition, the utilitarian approach does not consider the minority who will be affected by such act. For instance, the loss of income to those people who have labored to bring the media out on the market is not something utilitarianism will consider. Deontological Ethics According to the Encyclopedia Britannica (n.d.), ââ¬Å"in deontological ethics an action is considered morally good because of some characteristic of the action itself, not because the product of the action is good.â⬠Given this definition, copying CDs onto another computer, given todayââ¬â¢s anti-piracy campaign, is not going to be considered moral even though the intentions maybe good and the act may be easy to do. Music, movie, software, videogame industries have lost billions of dollars because of piracy, they are trying to fight it as best they can and as such, there are piracy warnings/threats on almost every media distributed. Doing it anyway will certainly question oneââ¬â¢s morality over it. To circumvent this, one does not usually copy CDââ¬â¢s. He goes to websites where he can share files. However, in the UK, such file sharing can now be considered illegal (Solanki 2010). Such is the campaign against piracy that in the US, every digital media sold in the market is protected by DRM, a software that limits the number of devices the content can be played in to typically, 5 machines (Grossman 2007). Exceeding this limit can raise questions on oneââ¬â¢s morality via Deontological Ethics. Conclusion Copying the contents of a CD is piracy. Piracy nowadays is a criminal offense that is punishable by law. One can hardly find anything moral over something that is illegal. Even though piracy may be the most tolerated crime in the world, it will be best for the person to stay on the conservative side and not commit it, for his personal welfare. References: Encyclopedia Britannica. (n.d.) Deontological ethics. Retrieved 19 July 2010 from http://www.britannica.com/EBchecked/topic/158162/deontological-ethics Grossman, L. (2007). The Battle Over Music Piracy. Time.à Retrieved 19 July 2010 from http://www.time.com/time/magazine/article/0,9171,1625209,00.html Solanki, M. (2010). File sharing becomes illegal as Government pushes through Digital Economy Bill. SeekBroadband. Retrieved 19 July 2010 from http://seekbroadband.com/focus/2010/04/09/internet-technology-news/file-sharing-becomes-illegal-as-government-pushes-through-digital-economy-bill/ Velasquez, M. et al. (1989). Calculating Consequences: The Utilitarian Approach to Ethics. Issues in Ethics V2 N1. Retrieved 19 July 2010 from http://www.scu.edu/ethics/practicing/decision/calculating.html
Saturday, January 4, 2020
A Report On The Bond Of Trust That Has Developed Between...
5. If you were McMahon Group, how would you present the findings of your study to the NCRCC board? Explain the rationale for your chosen method. If I were McMahon Group presenting the findings of this research to the NCRCC group, I would present a written report as well as an oral presentation. The purpose of the findings report is to provide the data and research results rather than any conclusions or interpretations (Cooper Schindler, Business Research Methods, 2014). Any charts or graphs need to be included in the findings report with all quantitative data represented. As long as the written report includes criteria needed for the NCRCC to understand the data collected the written report will suffice. This includes all data that might be negative to the NCRCC as well as the positive data. It is essential for the NCRCC to understand all of the data, the positive and the negative. ââ¬Å"This reinforces the bond of trust that has developed between researcher and sponsorâ⬠(Cooper Schindler, Business Research Methods, 2014, p. 511). If the members of the golf course do not feel that the golf course is up to the standar d they would need to keep them as members the NCRCC needs to understand that feedback is an opportunity to improve their company. I would also conduct an oral presentation of the results. I feel that this will allow the NCRCC to better understand the results and ensure all questions will be answered. Essential elements for an oral presentation of findings areShow MoreRelatedThe Investors Behavior Towards Mutual Fund Essay9694 Words à |à 39 PagesMr. Atmiya J. 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Which problems might it not solve? 2 TABLE OF CONTENT PAGE NO EXECUTIVE SUMMARYâ⬠¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦...4 INTRODUCTIONâ⬠¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦.5 LITERATURE REVIEWâ⬠¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦12 ANALYSIS Read MoreMarketing Mix in the Technology Industry14998 Words à |à 60 Pages_Toc3239865262.5 Relational Bonds PAGEREF _Toc323986526 h 21 HYPERLINK l _Toc3239865272.6 Financial Bonds PAGEREF _Toc323986527 h 22 HYPERLINK l _Toc3239865282.7 Social Bonds PAGEREF _Toc323986528 h 23 HYPERLINK l _Toc3239865292.8 Structural Bonds PAGEREF _Toc323986529 h 24 HYPERLINK l _Toc3239865302.9 Retail Store Image PAGEREF _Toc323986530 h 25 HYPERLINK l _Toc3239865312.10 Salesperson Likeability PAGEREF _Toc323986531 h 26 HYPERLINK l _Toc3239865322.11 Trust in Salesperson PAGEREFRead MoreAwareness of Mutual Funds and Its Scope10303 Words à |à 42 PagesA PROJECT REPORT ON AWARNESS OF MUTUAL FUND AND ITS SCOPE AT KARVY STOCK BROAKING LTD. 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Friday, December 27, 2019
Glencore Case Study - 1524 Words
Glencore, Xstrata and the Restructuring of the Global Copper Mining Industry in 2012 Diana Alvarez Valencia (1310200) University Canada West Dr. Paul Rome MGMT 661 Strategic Management Tuesday, May 12, 2015 Introduction and Problem Identification In this case study we will identify the problems that can be issued in the process of the merger between two of the largest commodities traders in the world, Glencore and Xstrata. It will provide the background of both companies, the situation analysis, identification of alternatives Companies Background. Glencore had been a trading company since their early years with the name of Marc Rich Co. Glencore, was founded by March Rich; Rich was a consummate dealmaker, doing businessâ⬠¦show more contentâ⬠¦In a global environment commodity industry, Glencore and Xstrata tried to find the best strategy to become more competitive and create a big successful billion company. For that reason, the merge between these two big companies was created. However, there are different problems that can be faced at the moment of the mergers; in the case of Glencore and Xstrata merge, the problem that I this paper will focus is the integration difficulties between these two companies ââ¬â disparate corporate cultures including unethical practices-. Some of the integration challenges might include: Melding two disparate corporate cultures, Linking different financial and control systems, Building effective working relationships (different managers styles), Resolving problems regarding the status of the newly acquired firmââ¬â¢s executives, Loss of key personnel weakens the acquired firmââ¬â¢s capabilities and reduces its value. (Hitt, Ireland Hoskisson, 2013). Situation Analysis. The global mining industry becomes more consolidated increasingly and the major players in the industry were choosing as a growth strategy the mergers with different mining companies that can leverage their competitive advantages upon their competitors. The main competitors in the cooper production were : Codelco, BHP Billion, Freeport- McMoRan, Xstrata and Rio Tinto. (Hitt, Ireland Hoskisson, 2013).Show MoreRelatedGlencore, Xstrata and the Restructuring of the Global Copper Mining Industry1524 Words à |à 7 Pagesï » ¿ Glencore, Xstrata and the Restructuring of the Global Copper Mining Industry in 2012 Diana Alvarez Valencia (1310200) University Canada West Dr. Paul Rome MGMT 661 Strategic Management Tuesday, May 12, 2015 Introduction and Problem Identification In this case study we will identify the problems that can be issued in the process of the merger between two of the largest commodities traders in the world, Glencore and Xstrata. It will provide the background of both companies, the situationRead MoreInternational Trade Has Dramatically Increased Globalization Of The World Economy2649 Words à |à 11 Pagesthese affiliate considering their assets. In some instances like that of the Ghanaian affiliate, the loans were seven times the equity capital. In another report, ActionAid accused Glencore of dodging taxes of up to US$76 million in Zambia from its copper mining activities (ActionAid, 2012). The report accuses Glencore of selling copper mined from its Mopani mines in Zambia to its Swiss affiliate at prices below the market prices and thus reducing its taxable profits in Zambia. In Kenya, Jorgen LevinRead MoreRelationship Between Board Size And Firm Performance2172 Words à |à 9 PagesResults The results found in this study suggest that some of the relationships found during the literature review can be confirmed. For example, the literature states that smaller boards of directors reduce the coordination problems that lead to improved firm performance relative to larger boards of directors (Kini et al, 1995; Yermack, 1996; Eisenberg et al, 1998). This study found significant empirical evidence with the sample of FTSE 100 companies that this is the case which supports these findingsRead MoreMerger and Acquisition: Current Issues115629 Words à |à 463 Pagesprice too far? The acquisition of Howard Smith Ltd by Wesfarmers Ltd 3.4 Financial analysis 27 27 31 33 35 vii viii CONTENTS 3.5 3.6 Assessment of the transaction Conclusion 38 40 4 An Essay on the History of a Merger: The Case of the National Bank of Canada Raymond Thà ©oret and Franà §ois-Ãâ°ric Racicot 4.1 4.2 4.3 4.4 4.5 Introduction The structures of the two merged banks The new merged bank A low P/E ratio for the stock of national bank Conclusion 42 42 43 50 53 54
Thursday, December 19, 2019
Analysis Of `` The Chrysanthemums `` And Chopin s `` The...
Oppressiveness of Marriage Steinbeckââ¬â¢s ââ¬Å"The Chrysanthemumsâ⬠and Chopinââ¬â¢s ââ¬Å"The Story of an Hour,â⬠show their reader two women stifled in the lives they lead. Specifically, the institution of marriage has left them feeling oppressed in irrevocable ways. In each story, the woman is presented with a moment of release, only to have it dashed shortly thereafter. While ââ¬Å"The Chrysanthemumsâ⬠features a smaller moment, ââ¬Å"The Story of an Hourâ⬠allows the reader to examine how this oppression can affect a woman when taken to its extreme. Both stories offer a view of how the institution of marriage can lead to oppression in ways that are not always obvious. Both ââ¬Å"The Chrysanthemumsâ⬠and ââ¬Å"The Story of an Hourâ⬠begin with protagonists clearly suffering from the oppression they feel in their marriage. It is the boredom and lack of purpose that both feel which drive them to their unhappiness. To start, Steinbeckââ¬â¢s Elisa All en, is shown caring for flowers as her husband works. She has a talent with them and is given the chance to foster that talent, though she seems to no longer find it rewarding. The author wrote, ââ¬Å"The chrysanthemum stems seemed too small and easy for her energyâ⬠(Steinbeck). Elisa has drive and determination with no rewarding outlet, which leads to her frustration. Chopinââ¬â¢s Mrs. Mallard suffers from oppression too, though the reader is given less information about her. Her condition is more acute her health affected in ways Elisaââ¬â¢s is not. Mrs. Mallard is
Wednesday, December 11, 2019
How does Priestley convey his message, We are responsible for each other, in his play An Inspector Calls Essay Example For Students
How does Priestley convey his message, We are responsible for each other, in his play An Inspector Calls Essay An Inspector calls was written in 1945 but was set in 1912 a period still known as the Edwardian era. The Edwardian era was regarded nostalgically as the last period of security and stability before the horror of World War I. As the play was set after World War I and II, the audiences would know of the deprivation, hardships and bereavements of the two wars. However, at the start of the play Priestley manipulates his audience into being taken back into 1912 to a time of peace, stability and luxuries. Priestley does this by the naturalistic setting of the play which is established clearly in the stage directions. However, the Edwardian era contained, Cracks. Priestley exposes a complacency which ignored clues and hints to the future upheaval were overlooked and ignored. These cracks can be seen in the Birling family even though the family appears to be strong and secure, tensions soon become apparent. Priestley manipulates this false security to raise the dramatic force of his play. Just as he reveals the smug complacency of the Birlings to be false through dramatic irony, he also lures his audience into this complacency by means of his naturalistic set and sense of nostalgia. Around the world tensions were building as the German empire was being established, which established the fear of German domination lead France to ally herself with Russia, this led Germany to ally with the Austro-Hungarian Empire. During this time Britain was undecided whether to join in or not however, later on joined the Franco- Russian alliance to form the triple Entende. Britain joined the alliance as Germany began expanding her navy trying to compete with Britains navy. However, even though Britain joined the French and the Russian Britain ignored the obvious signs of conflict because of the conflicts in the Balkans the Start of the war came by the assassination of Arch Duke Ferdinand the heir to the Austro Hungarian Empire. Priestley uses the family as a microcosm of the global arena. Just as the obvious signs of disaster were ignored in Europe, so tensions in the Birling family are ignored. While the rest of the family are phased with themselves Birling is pompous in his oratory and celebrating the engagement of his daughter that could mean he becomes richer by the merging of rival companies, and Shelia is very pleased with life, Eric we are told, is not quite at ease. Mrs Birling is her husbands social superior. These signs are obvious to the audience, but ignored by the family on stage the implication that disaster will occur. In Greek tragedy, mortals exhibited hubris a great fall or tragedy would ensue. When man exhibits overwhelming pride, for example naming a ship after the God Titan, he is exhibiting hubris and that tragedy is inevitable. So when Birling, in his pride and arrogance repeatedly declares that the Titanic is unsinkable absolutely unsinkable. This suggestion tells us that unhappiness if not tragedy will strike the family. Priestley was a socialist, but had trouble settling down to the policies of any one particular political party. His socialism can be said to be based on compassion and caring for others. Coming from a working class background himself, he feels compassion for the factory workers who are exploited by industrialists such as Arthur Birling. The opening stage directions of the play indicate a naturalistic set so the audience is drawn into the seeming stability of the Edwardian era. An example is the dining room a fairly large suburban house with good solid furniture sustained and very comfortable. However there are subtle signs of cracks and tensions the room is not cosy and homelike. .u28c99402eed3f81b7a26ee94326b7a5f , .u28c99402eed3f81b7a26ee94326b7a5f .postImageUrl , .u28c99402eed3f81b7a26ee94326b7a5f .centered-text-area { min-height: 80px; position: relative; } .u28c99402eed3f81b7a26ee94326b7a5f , .u28c99402eed3f81b7a26ee94326b7a5f:hover , .u28c99402eed3f81b7a26ee94326b7a5f:visited , .u28c99402eed3f81b7a26ee94326b7a5f:active { border:0!important; } .u28c99402eed3f81b7a26ee94326b7a5f .clearfix:after { content: ""; display: table; clear: both; } .u28c99402eed3f81b7a26ee94326b7a5f { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .u28c99402eed3f81b7a26ee94326b7a5f:active , .u28c99402eed3f81b7a26ee94326b7a5f:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .u28c99402eed3f81b7a26ee94326b7a5f .centered-text-area { width: 100%; position: relative ; } .u28c99402eed3f81b7a26ee94326b7a5f .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .u28c99402eed3f81b7a26ee94326b7a5f .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .u28c99402eed3f81b7a26ee94326b7a5f .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .u28c99402eed3f81b7a26ee94326b7a5f:hover .ctaButton { background-color: #34495E!important; } .u28c99402eed3f81b7a26ee94326b7a5f .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .u28c99402eed3f81b7a26ee94326b7a5f .u28c99402eed3f81b7a26ee94326b7a5f-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .u28c99402eed3f81b7a26ee94326b7a5f:after { content: ""; display: block; clear: both; } READ: The Devils Carousel EssayThis sense of complacency is reinforced by the lighting, as the lighting should be pink and intimate until the inspector arrives and then the lighting should change to be harder and brighter. The pink lighting used to describe the intimacy could also suggest a blindness to reality, seeing the world through rose tinted spectacles. The brighter and harder lighting when the inspector arrives gives a sense of being in a police interrogation room. Both the characters and the audience will have their consciences interrogated. Priestley uses the effect of the opening line of the play said by Arthur Birling Giving us the port Edna? Thats right. to convey immediately the ghastliness of class consciousness This conveys Birlings condescending superior attitude to the working class. Priestley suggests that Ednas situation is that she is that dependant on her employment; if she lost her job she would probably end up in a work house. Her submissive, subservient attitude is articulated in her monosyllabic reply yes maam Priestley invites us into disliking Birling intensely Arthur Birling throughout the play is conveyed as a hard headed man of business who will exploit people to make a profit by his ruthlessness and greed. Birling is also very pleased that his daughter is marrying Gerald Croft because he has the opportunity to merge businesses with Gerald Crofts father, which means more profits. The ideology of Arthur Birling is one that is based on greed; as he and Gerald work for lower costs and higher prices. Birling stands for everything Priestley despises: lack of compassion, greed and selfishness. Priestley uses the contrast between Birling and the inspector to reinforce his message of compassion. The inspector speaks for Priestley expressing the ideology of compassion for others. The inspector speaks in first person plural we our includes everyone to emit a sense of togetherness. Mrs Birlings ideology is different to her husbands but still is as callous and heartless. Priestley conveys Mrs. Birling as a class conscious person who only cares for herself and her social status. Throughout the play she remains oblivious to any wrong doing she has done and only wants to say her side of the story without any interruptions and anyone elses opinions are put down with backhanded and snide remarks. Mrs Birling has a prejudice nature which comes from her despising the lower classes and the desire of upholding her respectability in the upper class community. Mrs Birling unlike her husband was born into an upper class family instead of having to work her way up through society and business like her husband did. However, contradictory to her husbands upbringing and early life her views on lower class people are that they are vermin who live in their own filth and squalor, who will never achieve anything of significance, but be stuck in a dead end job for the remainder of their life. Her views on the lower class highlight her contradictory nature and arrogance about the lower class. Priestley sets the play in the fictional industrial city of Brumley. Brumley is probably typical of many towns where the factory owners, who provided much-needed employment, were able to run their businesses exactly as they wanted to. The number of women who are poor and in need of help is indicated by the existence of the Brumley Womens Charity Organisation. Such organisations, which relied upon the financial support of rich people, were frequently found in large industrial towns and cities during the Victorian and Edwardian periods. It is interesting that whether someone received help depended on whether the women like Mrs Birling thought that they deserved help or whether they deserved to suffer. Throughout the play priestly aims to convey the message We are all responsible for each other. .u0fc276d136d3d7de352a275cd777ed61 , .u0fc276d136d3d7de352a275cd777ed61 .postImageUrl , .u0fc276d136d3d7de352a275cd777ed61 .centered-text-area { min-height: 80px; position: relative; } .u0fc276d136d3d7de352a275cd777ed61 , .u0fc276d136d3d7de352a275cd777ed61:hover , .u0fc276d136d3d7de352a275cd777ed61:visited , .u0fc276d136d3d7de352a275cd777ed61:active { border:0!important; } .u0fc276d136d3d7de352a275cd777ed61 .clearfix:after { content: ""; display: table; clear: both; } .u0fc276d136d3d7de352a275cd777ed61 { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .u0fc276d136d3d7de352a275cd777ed61:active , .u0fc276d136d3d7de352a275cd777ed61:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .u0fc276d136d3d7de352a275cd777ed61 .centered-text-area { width: 100%; position: relative ; } .u0fc276d136d3d7de352a275cd777ed61 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .u0fc276d136d3d7de352a275cd777ed61 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .u0fc276d136d3d7de352a275cd777ed61 .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .u0fc276d136d3d7de352a275cd777ed61:hover .ctaButton { background-color: #34495E!important; } .u0fc276d136d3d7de352a275cd777ed61 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .u0fc276d136d3d7de352a275cd777ed61 .u0fc276d136d3d7de352a275cd777ed61-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .u0fc276d136d3d7de352a275cd777ed61:after { content: ""; display: block; clear: both; } READ: The end of the play EssayPriestly tries to with this message warn of the dangers of complacency and self satisfaction and smugness that we all need to learn from our mistakes. The audience watching this play would understand how important it is not to be greedy but be as one by supporting each other, creating a sense of unity instead of exploiting people or treating other classes differently. During both wars there was no class division there was just togetherness and the aim of destroying an enemy who threatens peace and freedom. Without the wars families like the Birlings would have gone on exploiting and stereotyping working class people.
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