The major differences between discount stores and off-price retailers Essay Example

The major differences between discount stores and off-price retailers Essay The retailing industry is one of the biggest in the United States. Retailing includes â€Å"all activities involved in selling products or services directly to final consumers for their personal, non-business use. Many institutions – manufacturers, whole-salers, and retailers – do retailing. But most retailing is done by retailers: businesses whose sales come primarily from retailing†. (Chapter 13, p.367) Companies such as Wal-Mart, which lead the retail industry have now become household names and has become an integral part of our culture. The retail industry comprises a significant share of the country’s commerce. Yet, there is wide variety in the types of retail stores. There are supermarkets, discount stores, convenience stores, hypermarkets, department stores, etc. New types of retail stores are constantly evolving to fit the needs and changing lifestyles of consumers. This essay will focus on the major differences between discount stores and off-pri ce retailers. The way a discount store works is by offering standard merchandise to consumers at low prices. Though margins tend to be quite low, high volume makes up for it and fetch profits. Previously, discount stores used to cut costs by limiting the range of services that they offered and by operating out of cheap storage facilities in heavily travelled districts. But these days, discount stores sport an improved ambience and have widened the range of services and products. But their success still depends on â€Å"keeping prices low through lean, efficient operations†. (Chapter 13, p. 370) Wal-Mart, which is a leader in this domain, follows this business philosophy. We will write a custom essay sample on The major differences between discount stores and off-price retailers specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on The major differences between discount stores and off-price retailers specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on The major differences between discount stores and off-price retailers specifically for you FOR ONLY $16.38 $13.9/page Hire Writer Off-price retailers, on the other hand, came in to replace markets left open by discount stores. As big discount store chains started catered to an up-scale customer base, a market for low-price stores once again cropped up. Off-price retailers mushroomed to fill this void. Once again, similar to discount stores, off-price retailers operate through â€Å"ultralow price, high volume†. (Chapter 13, p. 371) While regular discount stores buy merchandise at wholesale prices and yet price their items quite low, off-price retailers â€Å"buy at less-than-regular wholesale prices and charge consumers less than retail. Off-price retailers can be found in all areas, from food, clothing, and electronics to no-frills banking and discount brokerages.† (Chapter 13, p. 371) There are sub-types within off-price retailers. These include independents, factory outlets and warehouse clubs. Independent off-price retailers are those stores that are either owned or managed by entrepreneurs. Sometimes, these could be part of larger retail corporations. Usually most independents are run by giant retailers. Prominent examples of this type include TJ Maxx, Marshall’s etc. Overstock.com is a good example of an online independent off-price retailer. Factory outlets are another type of off-price retailers. These are â€Å"producer-operated† stores, prominent examples of which include Liz Claiborne, Carters, Levi Strauss, etc. Sometimes classified under â€Å"factory outlet malls and value-retail centers, where dozens of outlet stores offer prices as low as 50 percent below retail on a wide range of items†. (Chapter 13, p.372) Finally, warehouse clubs or membership warehouses â€Å"operate in huge, drafty, warehouselike facilities and offer few frills. Customers themselves must wrestle furniture, heavy appliances, and other large items to the checkout line. Such clubs make no home deliveries and often accept no credit cards. However, they do offer ultralow prices and surprise deals on selected branded merchandise.† (Chapter 13, p.372) Work Cited: Chapter 13, Retailing and Warehousing, Part 3, Designing a Customer-Driven Marketing Strategy and Integrated Marketing Mix, p.367-372 The retailing industry is one of the biggest in the United States. Retailing includes â€Å"all activities involved in selling products or services directly to final consumers for their personal, non-business use. Many institutions – manufacturers, whole-salers, and retailers – do retailing. But most retailing is done by retailers: businesses whose sales come primarily from retailing†. (Chapter 13, p.367) Companies such as Wal-Mart, which lead the retail industry have now become household names and has become an integral part of our culture. The retail industry comprises a significant share of the country’s commerce. Yet, there is wide variety in the types of retail stores. There are supermarkets, discount stores, convenience stores, hypermarkets, department stores, etc. New types of retail stores are constantly evolving to fit the needs and changing lifestyles of consumers. This essay will focus on the major differences between discount stores and off-pri ce .

America New England Colonies essays

America New England Colonies essays Curiosity and bravery led the English to discover the nations of America. These strong willed Europeans, determined to find to a new world, set out with high hopes and ambitions. Settling a variety of colonies along the coast of North America, the English were among the first true pioneers. After several expeditions and ships loads of emigrants, the English had a divergence of reasons for departing Europe for America. The settlers of the Chesapeake and New England colonies, were foreigners to the land, established two exceptional but contrary societies due to the diversity of English citizens. Chesapeake and New England colonies, although from the same English background, developed distinctions from the very start of the sixteenth century; their reasons for fleeing Europe, political standards, family life, religions and use of land. With King James I offering a charter for the Virginia Company of London, a joint stock company, to prompt a settlement in the New World, profit filled E nglish men couldnt refuse this gracious proposal. A promise of golden lands and a new passage route through America to the West Indies, the hearty men embarked on a journey which to their eyes seemed to be through the vast unknown. Arriving on the shores of Chesapeake Bay in 1606, soon they were attacked by Indians. Finally having to settle on the James River (named in honor of their King) the Virginia Company was forced to make their home within a mosquito infested and unhealthily region. Beginning their arduous search from the onset, the stubborn men searched for gold day and night through starvation, malnutrition, and disease. According to Captain John Smith these gold seekers were all men in hope of repayment for commencing on the journey. He described the scene as diligent men digging, washing, refining, and loading gold all in silence. Living from hand to mouth induced the gold miners to only be able to provided selves with supplies ...

Acquisition Reform Research Paper Example | Topics and Well Written Essays - 1250 words - 1

Acquisition Reform - Research Paper Example The military’s economic dependency is depicted in the budget allocation and on other aspects like military logistical acquisition. Based on these facts, the US government has seen the need to blend these two sectors together to harmonize their dependency on each other. This led to the formulation of the acquisition reform program (Hanks, 2005, p.234). Acquisition reform is an exercise meant to integrate the United States military with the civil business practices. The US department of defense acknowledged the need to integrate the civil industrial sector with the military. The economical production of the US had direct relations with the military in terms of logistics production and supply. From the late 1980’s through 1990’s to the present times, the US department of defense has undertaken numerous exercises meant to develop an optimal program to integrate these two sectors. The goals of the reform exercise are aimed at streamlining the performance of the US military by initiating close relationship between the civil logistics producers and the defense department. This exercise has presented numerous challenges to the main corridors of US power, especially the Pentagon, on how to carry out the optimal reform actions effectively. This led to the enactment of the Acquisition reform Act in 2009 by the US congress. The need to integrate the Defense department with the business sector arose after a consideration of how to respond effectively to the US military requirements. This underlying principle led to the initiation of objective research meant to formulate the projects deliverables. These deliverables were to provide an insight into the objective purpose of the acquisition reform process. The main objective of the reform exercise is for the civil economic sector to respond efficiently to the military needs. Based on this goal, the project designers saw the need of

Management Research Paper Example | Topics and Well Written Essays - 750 words - 1

Management - Research Paper Example Racists feel that their race is superior to the other and therefore they bear qualities that people from the other race do not have. The act of racism in workplaces is a form of discrimination that is persisting in the society and should be dealt with. The most reported cases of racism is between the whites and the blacks whereby the whites feel that they are more superior to the blacks and so they discriminate them at work places. Racism in the workplace breeds hatred, discrimination, friction, distrust and violence among employees. In this paper, I will discuss the forms of racism and how they can be prevented. Racism in workplaces takes many forms which are: Recruitment During the recruitment process, the recruitment staff may exclude ethnic minority candidates from the process. They even decline their applications because they are from the minority group or are people with color yet the organization is owned by whites. They even discriminate them because of their gender insisting that they only hire men. This should be stopped. Working environment Many employees are discriminated in their working place with allegations that they do not have certain skills to take some jobs. The employees from the ethnic minority are harassed and their work loads increased while they work under poor working conditions. Promotion When a chance for a promotion arises in an organization, some employees are exempted due to their race and the chance given to the whites who are from the ethnic majority who believe they are more superior to the blacks. Employees deserve equal opportunities despite their race, it is one’s knowledge, skills and competence that can earn them a promotion (Silva, 2007). Harassment Racism in the workplace may come in form of harassment whereby the ethnic minorities are harassed by those in higher positions. The people of color are harassed by their superiors and their work loads increased as they are threatened with dismissal. The employees from t he superior race make fun of employees from the minority group yet no action is taken. Redundancy During a redundancy exercise, only employees from the minority groups are selected for redundancy leaving behind those from the superior race Dismissal When there is misconduct in a working place, the people from the ethnic minority are singled out and dismissed. On the other hand, the superior races who are the white workers are retained and only given warning letter and that is racial discrimination. Furthermore, according to a research done by Osajima (2007), ethnic minorities are always dismissed for minor mistakes yet that can be solved and they continue working. The superior groups are always on the run to kick out the people of color from their workplaces. Preventing racism in workplaces The first step to take in order to prevent racism in workplaces is by advocating for the creation of anti-discrimination policies which addresses racism and the consequences of racism acts. The n ext step is to make sure that organizations hire employees from different ethnic groups and races so as to create a diverse working force. Next is promoting employees basing on their merits and achievements and not basing on their race and other discriminatory factors. When this is done, employees will feel valued and they will work harder for the benefit of the organization. Employees should be trained equally and at the same time so as to decrease discriminatory rates and racism. Employee trainings should be held so as to give them guidance on how to conduct themselves at their place of work and how to treat each other. Moreover, the organization should organize team buildings for

Analysis of Literary Criticism about Oranges of Gary Soto Research Paper

Analysis of Literary Criticism about Oranges of Gary Soto - Research Paper Example In his narrative, the poet actually steps in adolescence when he buys something for her girl by taking a chance. He offers an orange and a nickel to the saleslady for the bar of chocolate that the girl chooses. This is a critical point in the life of the boy and the climax in the poem because it creates uncertainty whether the saleslady will accept it or not. Once his offer is accepted, the boy comes out of the superstore triumphantly and enjoys his time with the girl. Although his courage is impressive, the risk was also a safe and intelligent bet: If the saleslady had refused to honor his orange for payment, he would still have the two oranges to share with the girl on their way home. Either way, he proves himself and impresses the girl which was the goal in the first place, and he is rewarded for his bravery by being allowed to hold her hand on the walk home. (White, 123) The poem is divided into two parts- before and after going in the superstore. The tone of the poem and the att itude of the boy have drastically changed. The tension or coldness between them is replaced by warmth and the scenery transforms dramatically. â€Å"Someone might have thought/ I was making a fire in my hands.† (55-56) the poet’s wish has been granted and suddenly the dullness of December as signified by fog and old coats is brightened up with the oranges. The color of orange stands out sharply in contrast to gray December; in fact it even looks like fire. Fire is the antithesis of frost, which was mentioned in the first part of the poem. Frost and crackling ice represent the absence of emotions or passions; but by the end of the poem, the boy earned warmth which is represented by the color of the oranges. In the first part of the poem, when the boy is entering the superstore, he notices a â€Å"used car lot† (18) which represents emptiness and stillness. The emotional state of the boy is empty and still. This condition is transformed in the second part of the p oem where â€Å"A few cars hissing past† (43) denote the movement or transition in the stage of life of the boy. He moves on in life without looking back at it with awkwardness, as he â€Å"finds a new sense of confidence and independence.†(White, 121) The poetic language used in the poem is simple and based on a trivial, everyday experience of a young boy. The language is also kept simple because it is stored in the memory of a person, when he was young- merely 12 years old. His memories are captured in a rather simple manner that makes it easy for the readers to compare or relate their experiences with his. Imagery and symbolism are used extensively by Soto to describe the entire scenery and situation. The boy recalls his vivid memories of walking for the first time with a girl. This shows how important it is for anyone at this age to feel love for the first time. The poet is aware of the external scenes and captures them in his memory- he is aware of all the sights and sounds of the gray December and slowly he starts noticing the various colors that light up his mood and his surroundings. The yellow light in the porch, the color of rouge on the cheeks of the girl, newly planted trees are some of the things that visually describe the scenery. Apart from this, sound imagery also brings to life the entire scene to the readers, as they read the phrases: Frost cracking; a dog barked; the tiny bell; and a few

Thomas Edison (1847-1931)

Thomas Edison (1847-1931) Genius is one per cent inspiration and ninety-nine per cent perspiration. Every phase of human life uses at least one of Edisons inventions. Edisons determination was important in his success as an inventor. His determination includes his work time, not giving up after so many failures, and setting goals, including keeping his word and having his mind set. There are seven main points about Edisons determination in which I wish to focus on. One of the most important points was his strong commitment and not giving up. Another important point was that he stuck to his plan, had his mind set on what he wanted to achieve and didnt let other things bother him. Edisons determination was so strong that he never let failures distract him or stop him. Unlike other people, his determination was so powerful that he focused solely on what he set out to do, which was to invent. Edison never let money get in his way. He invented whether he was penniless or had tons of money. Edisons determination also affected another reason of why he succeeded; reading. Edisons determination was the main reason of why he pulled through the days when he was a telegraph operator. He never let being fired so many times because of his experiments discourage him. Inventing was his true desire and he never let it go even if it meant not having a job. The most important and the base of all the other points is his time commitment. If he didnt push himself to commit all that time into his work, he never would have been able to be as successful. Now I will describe each point in more detail. Thomas Edison is known for coming up with lots of inventions that changed our lives. The light bulb and phonograph are among the most famous. But if he had given up after he couldnt find the solution from a few tries, he probably wouldnt have invented anything. For example, in December 1914 there was a huge fire at Edisons factory buildings in West Orange, New Jersey. Tanks of chemicals and almost everything else was burnt up. At the time, he was 67 and could have easily given up and retired. But he said I am sixty-seven, but Im not too old to make a fresh start. The next day, he was a bundle of energy. He directed more than one thousand men to clear away the debris. That showed something about the mans determination and his passion for inventing. He stayed positive throughout this event. He got everybody to come see the fire because they will not see a fire this big again in their lives. Another event also showed his determination and not giving up. When Edison worked on the Grand Trunk Railway, he sold papers and snacks to the passengers and eventually set up a chemical lab and his own printing press in a baggage car. But one day, a dangerous poison fell from a shelf and when exposed to air, it started a fire in the baggage car. The baggage-master rushed to the scene and became so angry with Tom that he picked up all his stuff and threw it out the door including young Tom. But Tom didnt give up. He soon became very close with the baggage master and was working again. Another example showed Edisons determination. Once, he was really into using magnetic separators to extract low-grade iron ores. He even founded a mining town named Edison but it soon had to be shut down because of debts. Edison lost over one million dollars in this project but he stayed positive and said that he had a good time spending it. The biggest example of Edison not giving up would be when he invented the light bulb. He began with studying gas lighting and filled out two hundred notebooks containing over forty-thousand pages. He then filled Menlo Park from floor to ceiling with battery cells, chemicals, and instruments. Along with that he had fifty men at work with no sleeping and food brought to them. He tried for months with thousands of different filaments until he found that thread burned for about forty five hours. He then was determined to make it one hundred hours. In the end, his carbon filament burned for one hundred seventy hours. Without doubt, Edisons determination of not giving up had definitely been important in his success. As one of his famous quotes say, Many of lifes failures are people who did not realize how close they were to success when they gave up. Edison was very focused and had his mind set to what he wanted to achieve. He always kept his word and stuck to his plan. He set goals for himself and achieved these goals. An event which showed Tom concentrating and not letting other things bother him would be his hearing loss. Many experiences in his early life worsened his hearing. These include Tom suffering from scarlet fever when he was a boy, the baggage master boxing his ears when he started that fire on the baggage car, and a conductor lifting him by his ears to try to help him get on the train one day because he was late. Tom became about eighty percent deaf in the end. But he stayed positive and said that this contributed to his success because he could concentrate better when not hearing any noises. An example of his goal setting would be when he bought an invention factory in Menlo Park, New Jersey. When he bought that land and built his invention factory on it, he set a goal to himself that he would bring out a minor invention every ten days and a big thing every six months or so. And he achieved that by improving the telephone, inventing the phonograph and inventing the light bulb there. One of the examples of how Edison set his mind to things was his schooling. He never did well in school. At that time, schools taught by having students memorize things. But Thomas mind was too imaginative to memorize things and liked to find out things for himself. One day, Tom happened to hear the school master call him addled. Tom knew the definition of that word and became furious. So he ran home and told his mother. At that time, he promised to himself that he would never step foot in a classroom again. His mother decided to home school Thomas and it was a good decision. Tom vowed that he would not let his mother down and he became a rapid reader. He read Charles Dickens, Shakespeare, and Victor Hugo. But his favorite was a science text book titled Natural Philosophy, which he read at the age of nine. He quickly tried all the experiments in the book and was fascinated by chemistry and physics. Making goals and setting his mind on things had surely aided Edison in his success. Edison never saw his failures as failures. He saw them as learning opportunities and discovering another way that something wont work. He had tried thousands of ways and used numerous materials to make workable filament. Edison was once asked why he kept trying if he failed so many times. His response was I have not failed but I have successfully discovered six thousand ways that wont work. Tom didnt give up when his first patented invention failed. When he invented the vote-recorder, it was his first patented invention. He hoped that the lawmakers would use his invention. But it never got further than the patent office because it put an end to old delaying tactics. He was crushed when he learned the news but he didnt give up. He learned an important lesson here: only invent products in which there was a demand for. After this incident, he went on to improve the stock ticker, which was successful. Edison believed that failures were very important. Failures were what led him to succes s. Normally, money was one of the most important parts of peoples lives but it wasnt really a big part of Edisons life. He had a money will take care of itself attitude. He focused only on inventing and not on wealth. When he found out he needed money to buy chemicals when he was young, he was determined to get a job on the train selling papers despite his mother telling him of the dangers. Thomas used it all on equipment for his experiments. He didnt spend any on leisure. He also found out that whenever he got the money, the next moment it would be all spent on equipment. He once got one hundred thousand dollars for a transmitter he improved but he knew that he would have this problem so he asked that he got six thousand a year for seventeen years. When he went to England to show his telegraphy system, England adapted his system but he got no money for it. He didnt complain. During the period when he was roaming the states looking for jobs as a telegrapher, he had a number of pretty go od pay jobs. But he always left to grow and get somewhere in the world. He wanted experience, not wealth. However, even though he didnt put much emphasis on money, his patents had a total value of $25,000,000,000 by death. By putting money aside and focusing on inventing probably saved Edison a lot of time and worries. Reading had definitely helped Edison succeed and was probably his favorite hobby. Edison was reading classics such as Dickens and Shakespeare by the age of nine. His determination came in when he worked on the railway. Because he worked on the morning train to Detroit and evening train back, he had six hours of time to spend in Detroit. He spent the time at none other than the Detroit Public Library. With the combined force of determination, curiosity and interest, he read the whole library. He started with the first book on the bottom shelf and one by one, he finished the top shelf. The knowledge in that library was a lot and Edison pretty much devoured it whole. Later in his life, reading became very important. He always had a book in his pocket. He read two or three lines at a time and read three books a day by habit. In total, he had read more than ten thousand books, that all started when he was determined not to let his mother down upon deciding to home school him. During the days when Edison was a telegraph operator looking for jobs around the states, one of the big reasons why he had to change jobs was because he got fired a lot. He got fired a lot mainly because of his experiments, either blowing things up or not staying on task. When he was the night telegrapher in Stratford, Ontario, there was a rule that every half hour operators had to send the signal six to the control room so as to not be sleeping. Tom, however, didnt give up because he didnt like this rule but he outsmarted it. He invented a mechanism that sent the appropriate signal at the appropriate time so he could nap or read as he wished. When his boss found out about this, Tom was fired. There were many other times Tom was fired because of reasons similar to this but he never gave up. He always went in search of a new job and grew from his experiences. Edison could have easily returned home but he never did except for brief visits. That was a big reason why he grew into such an unbelievable inventor. The most important part of Thomas Edisons determination was his time commitment. It was all those hard working hours that allowed him to create his inventions. He had been very committed and spent long hours ever since he decided to become a telegrapher. An example of his earliest time commitment would be when he first connected his friends house to his with wires. At that time, Edison became very interested with telegraphy and knew that he needed lots of practice at it. So when he got home from his train job at around ten in the evening, he had already spent fourteen hours outside. But he still practiced telegraphy with his friend until around midnight. This was when he was twelve. When he was training to become a top flight operator, he spent eighteen hour days to practice. He worked very hard at what he wanted to master and spent lots of time on it. This showed commitment and determination. His hardest working days would be when he ran those invention factories. This was what a typical day looks like for Edison when he was in his invention factory at Newark: After breakfast, he would read several newspapers, science magazines and the mail. He then was at his Newark workshop by the afternoon and started working by late-afternoon. Around midnight, he had a small meal. The midnight meal would usually just be a glass of milk and a piece of cake or pie. Then he would continue working for several more hours. Edison liked to tell people that he didnt sleep but he often lay down on a workbench, fully clothed and took long naps. He would go to sleep anywhere, anytime, and on anything. He was not an easy person to work for. He always wanted his employees to work as hard as he worked, which usually meant working weekends and long weekdays. But he also would never let his employees do something that he wouldnt do. When he was on to something big, like finding filament for the light bulb, he would not sleep for days and would have food brought to him. Such as when the thread filament burnt for forty-five hours, he just stared at it the whole time. When he was drafting his cement mine, he drew for twenty four hours straight. Later the mine became a success. Once, he had forty-five inventions going and two hundred fifty men working for him at the same time. In fact, he took his first real vacation at the age of thirty-one but even that was a trip to test his tasimeter. Edison wouldnt have been such a special inventor had he not committed so many hard working hours. Edison had never led any armies into battle and had not conquered any new lands yet he had contributed to mankind more than any warrior can. Edisons determination was made up of many parts. Edison does not give up, no matter how hard the task. Edison always set goals and set his mind to his goals. He never let other things distract him once he had his mind set. Edison never treated his failures as failures and never let his failures discourage him. Edison set his mind to one goal, which was to invent. He didnt let financial problems bother him and felt that money would resolve itself. Edisons determination made him read the complete Detroit Public Library, which greatly helped him invent. Tom was never let down when he was fired from a job and went looking for a new job which was a new opportunity to grow. Edison spent eighteen long hours every day inventing which showed his amazing determination and huge time commitment towards his inventions. It was all of these determination parts which put together the great, determined Thomas Edison. If everyone had even half the determination and work ethic of Edison, then there wouldnt be any homeless people or anyone who doesnt do their part in society, which would make the ninety percent of us not have to take care of the ten percent who slack off. This man had experimented for seventy-two years and was granted 1093 patents for his inventions. All of this was done through sheer determination, which was why he is known as the Benefactor of Mankind.

Essay --

Bonds and Equities Defining Bonds and Equities Bonds are certificates of obligation or indebtedness, issued by governments and companies to raise funds repayable at interest over relatively long periods. Equities are investments exercised by purchasing a share in the ownership of a corporation; and are more commonly called stocks or shares (as in the stock market or share market). Bonds have a very favorable relationship with equities. Historically, when equity markets fell, bonds had gone up in value, partially offsetting the fall. When equity markets rise, interestingly, high quality bonds also tend to rise, although to a lesser extent. Therefore for an investor with equity portfolio wanting to reduce portfolio volatility or make the portfolio less susceptible to a fall in equity markets bonds are the most appropriate. Bonds generally pay a much higher income than high quality government and corporate bonds to compensate for higher risk. Similar to equities, bonds tend to perform best when economic growth is strong with low stable interest rates. In such an environment the ability of these companies to pay interest and repay their bonds on the maturity date is greatly enhanced. [Z. Bodie, 2000] Investment in bonds and equities, usually via stock-markets and other exchanges for financial instruments. So-called "portfolio investment" is usually relatively easy to re-sell; hence this type of investment can flow relatively easily into and out of a country's stock-markets. This can lead to volatility in share-prices and levels of capital availability. What’s the difference? Equities are shares listed on the stock exchange. Their prices are influenced by the underlying performance of the companies, the sectors in which they operate ... ...easures pertaining to the micro stability of the intermediaries can be subdivided into two categories; general rules on the stability of all business enterprises and entrepreneurial activities, such as the legally required amount of capital, borrowing limits and integrity requirements; and more specific rules due to the special nature of financial intermediation, such as risk based capital ratios, limits to portfolio investments and the regulation of off-balance activities. [White 1996] References Z Bodie, A Kane and A J Marcus. "Investments". 5th Ed. Irwin 2000. E J Elton and M J Gruber. "Modern Portfolio Theory and Investment Analysis". John Wiley 5th Edition 1995. White L., 1996, "International Regulation of Securities Markets: Competition or Harmonization?† in Lo A. (ed), The Industrial organization and Regulation of the Securities Industry, NBER, Cambridge

Go Blank Yourself Essay

Why students flunk out of college can not be pin pointed to one thing. There are very many reasons why people drop out of college like for instance, a student may be too overwhelmed with his or her whole college schedule. Also, a student may also be overwhelmed with his or her work schedule on top of their busy college classes. Another reason students may drop out of school is because of personal problems, whether it may be family related or a relationship problems, they to can be very stressful on a student. Why students flunk out of college can not be pin pointed to one thing. There are very many reasons why people drop out of college like for instance, a student may be too overwhelmed with his or her whole college schedule. Also, a student may also be overwhelmed with his or her work schedule on top of their busy college classes. Another reason students may drop out of school is because of personal problems, whether it may be family related or a relationship problems, they to can be very stressful on a student. Why students flunk out of college can not be pin pointed to one thing. There are very many reasons why people drop out of college like for instance, a student may be too overwhelmed with his or her whole college schedule. Also, a student may also be overwhelmed with his or her work schedule on top of their busy college classes. Another reason students may drop out of school is because of personalWhy students flunk out of college can not be pin pointed to one thing. There are very many reasons why peWhy students flunk out of college can not be pin pointed to one thing. There are very many reasons why people drop out of college like for instance, a student may be too overwhelmed with his or her whole college schedule. Also, a student may also be overwhelmed with his or her work schedule on top of their busy college classes. AnothWhy students flunk out of college can not be pin pointed to one thing. There are very many reasons why people drop out of college like for instance, a student may be too verwhelmed with his or her whole college schedule. Also, a student may also be overwhelmed with his or her work schedule on top of their busy college classes. Another reason students may drop out of school is because of personal problems, whether it may be family related or a relationship problems, they to can be very stressful on a student. er reason students may drop out of school is because of personal problems, whether it may be family related or a re lationship problems, they to can be very stressful on a student. ple drop out of college like for instance, a student may be too overwhelmed with his or her whole college schedule. Also, a student may also be overwhelmed with his or her work schedule on top of their busy college classes. Another reason students may drop out of school is because of personal problems, whether it may be family related or a relationship problems, they to can be very stressful on a student. Why students flunk out of college can not be pin pointed to one thing. There are very many reasons why people drop out of college like for instance, a student may be too overwhelmed with his or her whole college schedule. Also, a student may also be overwhelmed with his or her work schedule on top of their busy college classes. Another reason students may drop out of school is because of personal problems, whether it may be family related or a relationship problems, they to can be very stressful on a student. problems, whether it may be family related or a relationship problems, they to can be very stressful on a student.

malaysian roads are very dangerous Essays

malaysian roads are very dangerous Essays malaysian roads are very dangerous Essay malaysian roads are very dangerous Essay Malaysian roads are very dangerous. Discuss. Introduction Nowadays, road is one of the popular mode of transportation in Malaysia. Do you believe that over than a million of Malaysians are the road users in a day? They have their own personal reasons and destinations. In fact, 3,674,484 of private and public vehicles were moving on the roads in a day in 1987. On the other hand, In 2003 there were 12,021 ,939 vehicles on the roads. This shows the number of vehicles keep increasing yearly. I am sure, you can imagine the scenario on Malaysian roads with such number of vehicles which are moving on the road everyday? All of us know that, there are more and more accidents occur on our roads everyday. In addition, many of these accidents lead to death. In fact, thousands of Malaysian die every year due to road accidents. (Refer Appendix 1) Based on the statistics prepared by Police Department, the number of road accident increase tremendously during festive season. For instance, on the first day of Hari Raya Puasa in 1999, it was reported 572 cases of road accident while 568 cases during Chinese New Year. Surprisingly, on the 1 5th day of Hari Raya Puasa the total of road accidents went up to 9416 cases. In contrast, the total of 8259 cases of road accidents was reported on the 1 5th day of Chinese New Year in 1999. (Refer Appendix II) Overall, the fatalities during Hari Raya Puasa in 1999 was 203 and 206 during Chinese New Year. (Refer Appendix Ill) Moreover, during festive season the roads are congested with Malaysian who are going back to their hometown to celebrate their festival with family. In short, more and more Malaysians die every year due to the road accidents. The question is, who should be blamed for the increasing number of the road accident? What are the causes that contribute to road accident on Malaysian roads. What can we do to prevent the road accident? After doing some research and reading, I can simplify that there are some causes that contribute to the road accident. They are road, weather and vehicle condition, surrounding, drivers attitude and weaknesses in implementation of law in Malaysia. Road condition Based on research finding and record of accident cases, the number of road accident keeps increasing yearly. Actually, road in Malaysia is not really safe to be used. This is because most of the roads are not straight. Moreover, there are narrow and sharp This kind to road conditions may lead to road accident. Recently, there was an accident at kilometre 39, Jalan Johor Bahru, Ayer Hitam. The collision was between a factory bus and lorry at the narrow and sharp bend. Consequently, 5 Indonesian workers died, 7 paralysed and 26 seriously injured. All of them were the passengers of the factory bus. Chief Inspector, Zainal Abidin announced that, the victims died after getting a serious injuries especially on their heads. It has become worse when the heavy vehicle is going through the narrow road. Not nly inviting danger, but the surface of the roads is also damage. Therefore, the hole and destruction on the surface of the road will cause the traffic congestion as the drives have to slow down their vehicles. Thus, accidents frequently occur in congested traffic. Weather condition In addition, weather condition contributes to the road accident. It is dangerous to drive in raining cats and dogs, hot day and haze. In fact, speeding during this kind of weather condition may cause the driver to lose control on steering, tyre and brake. Driving during haze will blur the visibility of the driver. Consequently, the driver who drives in this kind of weather condition is easily involved in an accident. Furthermore, high quantity and low quantity of light exposure leads to accident. This is because the drivers could not fully concentrate on their driving. Vehicle condition We can say that vehicle is related to the driver itself. This is because the vehicle that unable to function properly will cause mishap. The driver should inspect the condition of lamp, signal light and tyre regularly. So that, the vehicle will able to run smoothly on the road. In most cases, signal light that is not function or if the driver orget to show signal before make turn cause the accident take place. Surrounding Other than that, the slopes of roads traversing the mountainous regions and forests in our country. The road lamps are placed at specific places only. Moreover, at certain places, the road lamps are not enough or unable to function properly. Therefore, the road signs could not be seen clearly especially at night. The percentage of road accident is higher at night than daytime. Drivers attitude Not only the road, weather and vehicle condition and surrounding are the causes of oad accidents, the drivers attitude is also one of the cause of road accident. In 2003, traffic congestion with this number of vehicles on the road. The drivers have to move their vehicles inched forward, bit by bit on the long rows. The drivers might lose control or become impatient in this situation. The impatient drivers might press their horns or cursing at other road users. It has becomes worse if the impatient drivers might put themselves and other road users in danger. Actually, drivers are the major factor of road accident in Malaysia. If the drivers are andling their vehicles under control of their emotion like tired, stress, anger, worry or even sleepy, they tend to involve in accident. Thus, they are unable to give full attention and concentration on the road. They might lose control of their vehicles as danger comes anytime without warning. According to the statistic endorsed by Police Department, the main factor of road accident is careless of the driver. It was reported by DSP Samsudin Mat, Chief Officer of traffic team, PDRM Selangor. 85% of the total of road accident is caused by road accident is caused by driver while 15% is caused by the other factors like road ondition, surrounding and vehicles that are not road-worthy. Fokus Minda Ogos 2004, page 78. Furthermore, most of the drivers are selfish, ego, careless and are unable to control themselves in any unpredictable circumstances. In addition to that, Malaysians love speeding. They ten d to race in order to reach their destination first. In fact, speeding brings harmful. What else can disturb the feeling of the family members of the road accident victims if their beloved are seriously injured, disable or even die? As reported by mass media on 18th September 2004, En. Redza Abdul Razak, officer in Transportation Department was Jostled by a trailer that passed by while he was on duty. The accident occurred at kilometre 14, Jalan Rawang, Kuala Lumpur. This incident showed that the driver was very selfish and did not care about others safety. Moreover, overtaking others vehicle is very dangerous without good knowledge on how to overtake in a safe way. The driver should know the right moment and the correct technique to overtake. Otherwise, collision might happen. In addition to that, the driver especially the teenagers prefer to disobey law. They ften ignore the traffic light. They will not stop when the red light appear. They Just go ahead without thinking the consequences of their action. Sometimes we can feel that the teenagers are purposely wanted to show off when their motorbike roared past. This kind of attitude will lead to the road accident. Furthermore, lack of toleration among the road users lead to the road accident. If all safety, accident or collision might occur. In this case nobody will get benefit. If nobody die or injure in the collision, both parties have to spend their money to repair their vehicles. We should avoid this kind of attitude. Toleration is important in order to guarantee our own safety and other road users. Thus, we should be careful and practice toleration on the road. Dato Abd. Rashid Yusof, General Manager of Public Work Department, Selangor mentioned that, l am never oppose that road condition contributes to road accident. But Human factor outweigh the other factors. The driver should get ready to avoid any accident and be prepared for any possibility that might take place on the road. (Fokus Minda, edisi Ogos page 79) Weakness in implementation of the law Another factor that lead to the accident is weakness in implementation of the laws in Malaysia. Therefore, The Police Department and Transportation Department should stricter and seriously implement the law to prevent the road accident. For example the fines to the those who are caught speeding now is not really heavy. That means the road users do not really score with the fine or law that we have today. Suggestion Now the question is, can we prevent the road accident? There can be no doubt that it is possible. Yes, I believe that we can cut down the number of accidents by having a stricter laws. Firstly, the driving tests must be made more difficult. The tests we have now are easy to pass. That means many of our drivers are not really skilled at handling their vehicles. In addition to that, I suggest that drivers should be made compulsory to sit for additional test every two years. This is to make sure that they have not forgotten their driving skills. 1 It is my view that, many of the vehicles on the roads nowadays are not road-worthy. Some of them do not have signal lights, others do not have good brakes and tyres. Such vehicles are responsible for many of accidents. Now, I am sure that you will gree with me that we should have strict laws so that only vehicles in good condition are allowed on the roads. This means that the government should inspect all vehicles every year. Another important cause of accidents is speeding. As we know, Malaysians love driving fast, and with so many excellent highways, the problem has become worse. We have to stop speeding by imposing speed limits on all our roads. Some drivers might disagree, but strict laws, I feel, is the only way to cut down on the number of accidents. Those caught speeding should be made to pay heavy fines too. And if they their licences. Another important point is that the Public Work Department have to make sure the roads are always in good condition. They need to provide a safe and efficient road system. At the same time, the road users should report immediately if they find that the road surface is damage. So that, the damaged road can be repaired as soon as possible. Nevertheless, the gov ernment should expand the narrow road and identify the hazardous location to prevent the accident. In addition to that, the government should educate the driver or motorist through campaign. The driver must be careful and selflessness on the road. Even though, there are many sign boards and speed limit signs are placed on the road, if the road users disobey them what can the police say? Thus, the driver should play their part too in order to prevent the road accident. For a long distance driving, the driver to should plan in advance so that he can reach this destination on time in secure. I am happy to hear that our Minister of Transportation announced the formation of Road Safety Committee Oawatan Kuasa Keselamatan Jalan Raya). I personally think that, this is a wise decision and right time in order to provide a safe and efficient road ystem in Malaysia. Conclusion In a nutshell, all the causes of road accidents are interrelated. All the above mentioned causes are responsible to make Malaysian roads are very dangerous places. Thus, it is responsibility of Malaysians to make them safe place. We have to cooperate each other and play our own role to prevent and simultaneously decrease the number of road accident in Malaysia. I hope that one day our perception on Malaysian roads will change. It is possible to make our roads a safe place so that the driver could drive smoothly and peacefully on the road.

Anatomy Physiology Essay Example

Anatomy Physiology Essay Example Anatomy Physiology Paper Anatomy Physiology Paper 1. The maintenance of normal volume and composition of extracellular and intracellular fluids is vital to life. List and briefly describe the kinds of homeostasis involved. In males and females, intracellular fluid has a greater proportion of total body water than does extracellular fluid. Give-and-take between the ICF and the ECF happens across plasma membranes by osmosis, diffusion, and carrier-mediated transport. The kinds of homeostasis involved are fluid Balance, electrolyte Balance, and Acid–Base Balance. Fluid balance is when the quantity of water we gain each day is equivalent to the amount we lose to the environment. The upkeep of normal fluid balance includes regulating the content and sharing of body water in the ECF and the ICF. The digestive system is the main source of water gains; a small amount of extra water is generated by metabolic activity. With electrolyte balance, it involves balancing the amounts of absorption across the digestive tract with amounts of loss at the kidneys. Everyday our body fluids gain electrolytes from drinks or foods we take in, and in turn, loose them through urinating, sweating and defecating. â€Å"If the gains and losses for every electrolyte are in balance, you are said to be in electrolyte balance.† We are in acid–base balance when the making of hydrogen ions in our body is exactly offset by their loss. When acid–base balance occurs, the pH of body fluids stays within normal limits. Stopping a reduction in pH is the main problem, because our body produces a variety of acids during normal metabolic tasks. 2. Why does maintaining fluid balance in older people require a higher water intake than in a normal, healthy adult under age 40? Water encompasses 55% in elderly people and is vital for cellular homeostasis and life. With respect to heat stress, water lost through perspiring decreases water content of plasma, and the elderly are less capable to compensate for amplified blood viscosity. Not only do they require a physiological hypodipsia, but this can be exaggerated by central nervous system disease and by dementia. Together with less fluid intake, with advancing age there is a decrease in total body water. The elderly have impaired renal fluid conservation mechanisms and have impaired responses to heat and cold stress. All of these factors add to an increased risk of hypohydration and dehydration in the elderly. 3. Why does potassium concentration rise in patients with acidosis? What is this called? What effects does it have? Sweat is a hypotonic solution that has Na+ in lower concentration than the ECF. As a consequence, a person who is sweating copiously loses more water than salt, and this loss leads to a increase in the Na+ concentration of the ECF. The water content of the ECF declines as the water loss happens, so blood volume falls. Clinically, this condition is often called volume depletion. Because volume depletion happens simultaneously that blood is being shunted away from the kidneys, kidney function is damaged and waste products collect in the blood. 4. Saline solution is used to reverse hypotonic hydration. Are body cell membranes permeable to saline? Explain your response. Body cell membranes are permeable to saline. The permeability of membranes is controlled by the mass of the pores or holes. The size of the pores can be altered in reaction to pressure and hormones. Some membranes selectively permit channel of certain ions or molecules and dismiss all others. 5. Explain the renin-angiotensin mechanism. Constant abnormalities in the Na+ concentration in the ECF happen only when there are severe complications with fluid balance, such as dehydration or overhydration. When the body’s water content increases enough to lessen the Na+ concentration of the ECF below 136 mEq/L, a state of hyponatremia (natrium, sodium) occurs. When body water content drops, the Na+ concentration increases; when that concentration surpasses 145 mEq/L, hypernatremia exists. Renin is an enzyme secreted into the blood from specified cells that surround the arterioles at the entry to the glomeruli of the kidneys (the renal capillary networks that are the filtration units of the kidney). The renin-secreting cells, which comprise the juxtaglomerular apparatus, are delicate to changes in blood flow and blood pressure. The main stimulus for increased renin secretion is diminished blood flow to the kidneys, which may be triggered by loss of sodium and water (as a result of diarrhea, persistent vomiting, or extreme perspiration) or by thinning of a renal artery. 6. Explain how ADH compensates for blood that contains too many solutes. Osmoreceptors in the hypothalamus respond to alterations in blood composition, such as less water and too many solutes. The posterior pituitary is notified to release antidiuretic hormone (ADH) which journeys through the blood to its target organ, the kidney. In the kidney, the collecting ducts answer back to ADH by reabsorbing more water. When this happens, more water comes back to the blood, while lesser amounts of concentrated urine are made. ADH is released and additional water is reabsorbed from the filtrate until blood solute concentration comes back to normal.

How can we make globalization something that brings prosperity to Essay - 1

How can we make globalization something that brings prosperity to everyone - Essay Example Wal-Mart had a net income of 12,731,000,000 on total revenue of $378,799,000,000 in accordance with documents filed by SEC in 2008. By opening trade with other countries, the ability to dictate what is being produced and how, and giving consumers more power, globalization thus helps to flood the market. In a situation where consumers collectively buys only environmentally friendly products, then companies would be forced to a transition to meet our demands thus making a world a cleaner place. Thus, globalization contributes to a sustainable property for all. This helps the people get above the poverty line by increasing competition that in turn helps to bring down the prices of commodities or, services. The competition for goods and services is affected by globalization e.g. the price of goods and services is brought down by increasing their supply. Thus, globalization will help benefit the world. According to the video, De Soto thinks globalization is limited in its current form. Ma jority have been left out in terms of the legal structures that give rise to it. Globalization must actually include the majority of the people on earth to be truly worth its name. it links elites from the post-soviet world and the developing world to the world economy. The legal revolution that has been taking place especially in the west is because of the market economic system. De Soto argues that if these market institutions are brought down, it could take another few centuries to develop. Hernando De Soto is one person that believes in the power of trade. His hard work helped to get the US-Peru Free Trade Agreement passed. He also always speaks out in favor of giving the poor access to wider markets. Elites can only be globalizing with the current existing globalization. Elites can only gain access in developing countries, because the costs of entry are high. Increased trade and open markets are key to eliminating poverty. Once the poor enter the legal system and have access th ey need, they will definitely prosper as per the evidence gathered by the institute of liberty and democracy (ILD). There are many overall benefits of trade. According to law of comparative advantage, the less productive countries will benefit from trade with countries that are more productive. This is because producers who are stronger can trade in order to free up resources thus enabling them to specialize. The lower prices that an economy of scale and specialization engenders are some of the things that the customers will benefit from. The video clearly illustrates that globalization process had already taken place in the late 19th century. The foreign investment and trade were fairly globalised before world war1. Labor markets were more globalised at the beginning of the twentieth century than at its end simply because of low political obstacles to international migration. The great depression and two world wars halted the process of global market integration for almost half a c entury. The process later regains speed and force. Due to faster, reliable and inexpensive transport and communication, some service providers and producers of goods in low-wage countries have been able to challenge high-cost producers in rich countries on

Nursing Home Care Research Paper Example | Topics and Well Written Essays - 750 words

Nursing Home Care - Research Paper Example Background of study: The residents of nursing homes would in several occasions be sent to hospitals to undergo diagnostic tests or for acute healthcare services. In the year 2000, Carusone, Loeb and Lohfeld (2006) observed that there were about 46% of Americans older than 65 who would be in these nursing homes before death. This is quite a considerable number of the total population. Most of these long term care facility, LCTF residents would be transferred to hospitals to receive acute medical services and undergo diagnostic tests. It should be noted that these people usually would be supported in their daily activities including bathing, eating and toileting among others. Improved technology, fiscal pressures and associated services make it complicated for nursing home residents in hospitals. Similarly, the cost of these transfers has proven to be too high. There has thus been an increase concern if hospitalization services could be provided at these nursing homes. Respiratory trac t infections have been pointed out by Boise and White (2004) as the leading killer among nursing homes as documented in a Canadian study, the reason why pneumonia has been sampled in this study. The findings of this research would therefore enable nurses to advise accordingly when families of nursing home residents seek advice on where to have these persons treated. It would also enable provision of services to the satisfaction of the residents of nursing homes and their families. The purpose of this study was to determine whether in situ care among LTCF residents would give the value much sought by the residents and their families. This was achieved by identifying the experience that participants had with pneumonia and what locus of care would be preferred. The research also sought to find the differences that these participants perceived between hospital-based care and LTCF care and what would be the criteria for good care. Methods of study: In this study, qualitative descriptive study was employed. The participants involved members of families of LTFC residents and the residents themselves who had previously been treated for pneumonia. Members of staff in these nursing homes were asked to follow a pathway of treatment that would help in deciding the locus of care. 20 nursing homes were matched according to their sizes and a member randomly selected from each pair chosen to use the clinical pathway while the counterpart continued with the normal pneumonia diagnosis and treatment procedure. The family members and residents who could not make informed decisions on the locus of treatment were involved in the study’s in-depth interviews. Nurses were charged with the task of inviting participants that remembered their experiences. Participants signed consent before participating in these interviews. The data collected from 14 interviews were then analyzed by use of editing style borrowed from Miller and Crabtree. Results of study: Residents and family memb ers alike preferred that pneumonia be treated in the nursing homes as much as possible. Though the reasons for this were varied, most of them argued that nursing homes provide the much needed attention and care than in hospitals. Both parties agreed that some situations would call for hospitalization such as in cases of broken bones, fainting and operations, but not for any reason whatsoever in cases of pneumonia. The residents preferred