Pacific Oil Company Failed Negotiation

Richard Paguirigan National University/Law 402 Professor Hamlin January 22, 2012 1. Identify the strengths and weaknesses of Fontaine's and Gaudin's negotiating strategy in their deliberations with Reliant Chemical Company. Fontaine and Gaudin started off with a competitive strategy, wherein the outcome of the negotiation was more important than the relationship. This is evidenced by the fact that the market for VCM would be oversupplied in a few years due to the building of new chemical plants and a drop in demand. Pacific only needed to secure an extension from Reliant to enable them to maintain operations for just a while longer or until they could come up with a new business strategy for the future. There is nothing to suggest that Pacific had any incentive to maintain a relationship with Reliant after that time. Although Pacific was considering becoming a producer of PVC products in order to minimize its dependence on external sales, no firm decision had yet been made so Pacific’s possible survival was still up in the air. Fontaine and Gaudin were aware that they had less than a three year window in which to extend the contract. They also knew that Reliant was probably aware that the market was going soft. Although Fontaine and Gaudin began their efforts with a sense of urgency to extend the contract with Reliant, they came into negotiation not having really developed their strategy and how they would attack it. They were unprepared for the issues that Reliant brought up and were essentially on the defensive throughout. The sense of urgency that exhibited coming into the negotiations was undermined by their failure to set time limits or deadlines. They were fair game for â€Å"entrapment† by the Reliant since they really had no information about Reliant’s situation and therefore could not counter or reverse the attack. Although Competitive Strategy was the intent, poor planning and unanticipated problems along the way caused their strategy to get flipped around and they succumbed to utilizing an Accommodating strategy (lose to win) in the end. Strengths: â€Å"The accommodating strategy may be used to encourage a more interdependent relationship, to increase support and assistance from the other, or even cool off hostile feelings if there is tension in the relationship. If the relationship is ongoing, then it may be particularly appropriate to â€Å"back down† now, to keep communication lines open and not pressure the opponent to give in on something that they do not want to discuss (Lewicki 18)†. Weaknesses: In most cases, this is a short-term strategy used with the expectation that accommodation now will create an opportunity to achieve outcome goals in the future. This strategy should only be used when the outcome is not very important or if the primary objective is to improve the relationship. Unfortunately, for Pacific the outcome was important though the relationship wasn’t. 2. Identify the strengths and weaknesses of Hauptman's and Zinnser's negotiating strategy. Hauptman and Zinnser utilized Competitive Strategy (win to lose). Unlike Pacific, Reliant had done its research and was fully aware of Pacific’s situation and the market dynamics going on at the time and, presumably well into the future. They had a plan, developed a strategy and used it to their advantage. Essentially, Reliant had been given no incentive by Pacific to extend the contract. They had done their research, and armed with the knowledge gleaned and now aware as to the reasons why Pacific was so eager to extend the contract, they took the opportunity to gain the upper hand. Since Pacific never imposed any deadlines, they stalled for as long as they could all the while arguing for, and getting a number of concessions along the way. They were never on the defensive at any time since Pacific had nothing on them. They were in a favorable position to â€Å"entrap† Pacific, causing them to change strategies which resulted in failed negotiations. Strengths: The Competitive strategy is effective in getting the other party to give in, and thus to satisfy the competitor’s needs now. Weaknesses:. The outcome of the negotiation is more important than the relationship. It strains and endangers the relationships between the parties. 3. What action should Fontaine take at the end of the case? Fontaine needs to reverse the damage done. Perhaps a collaborative strategy is in order. If Fontaine can convince Reliant that they will get into the PVC business after all and possibly become a PVC products manufacturer, hence a competitive threat, maybe Reliant will then get off their high horse and agree to cooperate for the mutual benefit of everyone. Pacific will need to make some concessions. Price, exclusive contracts or even a non-compete agreement may convince Reliant it would not be worth it to retaliate against Pacific.

William Stokoe Timeline

1919- William C. Stokoe Jr. was born on July 21 in New Hampshire. 2 1937- He attended Wells College with the in the intention to study physical chemistry, but he decided that it consumed too much time and money and decided to study English instead. 1946- William Stokoe receives his Ph. D. in English and teaches at Wells College for seven years. 2 1955- William Stokoe is hired as the head of the Department of English at Gallaudet College. It was a year later he was first exposed to deaf people signing.Stokoe decides to research signing because, unlike the opinions of many of his colleagues, he viewed signing as its own distinctive language. 2 1957- Stokoe receives a research grant from the American Council of Learned Societies to begin analyzing ASL as a language. Two years later, The National Science Foundation continued the funding for his study. 1-2 1960- Stokoe publishes his first book on the research he conducted on signing, titled Sign Language Structure: An Outline of the Visua l Communication Systems of the American Deaf. -2 1965- Stokoe, along with Carl Croneberge and Dorothy Casterline, published his second book A Dictionary of American Sign Language on Linguistic Principles. This book includes Stokoe’s development of a written notation for ASL. This book also helped Stokoe’s ideas gain wide acceptance and prove the legitimacy of sign language as an independent, fully developed language. 1-2 1971- Gallaudet University established a Linguistic Research Lab with Stokoe as the director until 1984.In the same year, he starts the publication of the newsletter, â€Å"Signs of Our Times†. 1-2 – The first presentation of information about ASL takes place at the conference held by James Woodward, at the Linguistics Society of America. Two years later, the Linguistic Society of America creates a section for sign languages to be included in their conference. 1 1975- The Communicative Skills program of NAD (National Association of the De af) established for the sign language teachers, called Sign Instructors Guidance Network (SIGN). Read also  Summary : Love Is Never SilentA year later, SIGN begins to certify sign language teachers at the NAD convention. 1 1979- Gallaudet’s faculty recognizes ASL as a means of communication to be used in classes. Gallaudet offers its faculty and staff the first course on the Structure of ASL. 1 1980- Stokoe is finally honored for his research 20 years after the publishing of his first book. 1 1984- Stokoe retires from Gallaudet University. Four years later, he receives an onorary doctorate from Gallaudet. 2 2000- William Stokoe dies of Myeloma on April 4 in Chevy Chase, Maryland. 2 References: 1. ASL Timeline. (2006, May 15). Linguistics and Dialects of American Sign Language. Retrieved September 29, 2012, from http://buaslbutterfly. tripod. com/id7. html 2. William C. Stokoe Jr. (n. d. ). Angelfire: Welcome to Angelfire. Retrieved September 29, 2012, from http://www. angelfire. come/ut/stelok/Stokoe. html

Culture of Lebanon Country Essay

Prescriptive were given to the patients. It consists of description, preparation and steps of the treatment that has to be provided. It also indicated here the responsibility of the patients in the given prescription to accomplish the desired effect. It provides a clinical care for the patient and for the outcome that it may bring. To make the baby born and grow into a loving and warm environment, some treatments and practices have to be completed. Some of these prescriptive were as follows. A mother has preferably given a hot food rather than cold ones during her pregnancy. This is believed to provide warmth for the fetus. During the time of menstrual cycle and post delivery period, they are given cold foods and preferred a cold environment. These are the beliefs that are being related to the hot and cold theory of disease prevention and maintaining good health that influence conception and pregnancy. To be a mother is the essence of being a woman. Many pregnant women practice some safety measures to protect their baby from harm. Some women practice to sleep on their backs to protect the infant; they keep having frequent intercourse and keep the vaginal canal well lubricated to facilitate an easier birth and keep on being active to prevent decrease of amitotic fluid and ensure a smaller baby. So they will not experience the pain of birth giving for a bigger offspring. For a very long period of time, taking care of infants is done by placing the baby in a crib or playpen. Small bedrooms are also designed for infants. However as time passed by, many mothers had been very busy in their work that they leave their responsibility, as the mother to their child, to kindergartens and even babysitters. The grandparents are also the one who commonly help in raising the child. In every part of the world, education is very important and so as in Lebanon. It had been also said that the first teacher of the child is his or her parents. This is true because it is the place where the child learns to do things on his or her own way. Taboo is a word used to describe an object and action that should be totally avoided due to social and cultural objections. One of the strict Lebanese Taboo practices is not to give birth when both parties are not yet married. In Lebanon, it is unusual to have an arranged marriage but it does not mean that it does not exist. Contracting marriage had been brought by present economic crisis of the country. Among Muslims, polygamy is accepted. However, very few people choose to live this kind of lifestyle. The issue of divorce is also very relative. It is easy to get divorced if you are a Muslim and harder for orthodox Christians. In Marinate communities, divorce is something that is very difficult. Moreover, if a mother is incapable of rearing the child or the money to get married or is protecting her honor and her family’s name, she hands the baby over the church and this is considered an irrational set of taboos. One thing that is sure to happen in the lives of everyone is death. Avery is expected to die at a certain point of time. It is something that every people should be prepared of, whether the death of the people around them or their own death. One of the most complicated things in such event is the funeral. This is the time wherein people often show and are encouraged to show their feelings of loosing a beloved. Most funerals in Lebanon are commonly followed by processions by which the people take the dead body in their final destination. Funeral Home Service in the place provides options on arranging funeral service. They can assist you with customary service, non-traditional service, cremation of the dead body with or with out the memorial service. They can also make the option and opportunity of transporting a family member into another city or state, and offer you with pre-burial planning. Death rituals have an emotional power – the funerals, the singing of laments, the distribution of food, the daily visits to the graves, and especially the rite of exhumation. These rituals help them face the universal paradox of mourning or grief: how they can accept the fact of bringing them to the end; how can living sustain relationships with the dead; and how they may continue their life on the earth and live meaningfully as part of the community. When a person dies, family and friends travel from long distance to get to the funeral. They are also having a festive watch over the body of the person before its burial. More grieving families, based on the tradition, engage in the protection of the dying and bereaved those who have difficulty dealing with the death. They expressed their feelings during the grieving process. In this case those health care providers assist the person by providing support and privacy during the bereavement. Lebanon has a highly developed medicine and health care. Lebanese people have a very little belief on the effectiveness of traditional medicines remains nowadays. The country has many doctors and health care provider than they actually need. There are also lots of hospitals continuously trying to be restructured and modernized. Lebanon has relatively good health care programs and free hospitals for the benefit of the public and all the people who care for their health but cannot afford to pay big amount of hospital bills. Advanced technology has provided modern medicines and complex indicative diagnostics. Some authorities advocate the increase in the use of paramedical workforce to care for the persons or patients with persistent and incurable infirmities. But modern practices in treating disease are not fully applicable in some areas such as urban places and the ethnic groups. Health care providers should consider lot of things and take careful assessment before they should practice their duties and execute their function. Lebanese ethnic groups are related and are engaged upon the use of folk medicine and folk medicine practices to treat their diseases. And they combine these with variety of prayers, use of herbal teas and medicines and other applications. As a health care provider, it is very much important that they are aware about the practices, its purpose and the way it should be carried out. References: Countries and Their Culture. 2007. Culture of Lebanon Retrieved September 19, 2007 from http://www. everyculture. com/Ja-Ma/Lebanon. html .F. A. Davis Company. 2003. Transcultural Health Care. Retrieved September 19, 2007 from http://www. fadavis. com/related_resources/1_1916_1. pdf George,J. Ethnic. no date. Cuisine: Lebanon. Retrieved September 19, 2007 from http://www. sallys-place. com/food/cuisines/lebanon. htm Federal Research Divition. no date. Lebanon A Country Study Retrieved September 19, 2007 from http://books. google. com. ph/books? id=nMwEs12tKJoC&dq=culture+of+lebanon+country+++&pg=PA77&ots=l6Hr7q-puC&sig=uqJRJNFJHf1THFZ9ILxWkJalpxo&prev=http://www. google. com. ph/search%3Fhl%3Dtl%26q%3Dculture%2Bof%2Blebanon%2Bcountry%2B%2B%2B%26meta%3D&sa=X&oi=print&ct=result&cd=1#PPA252,M1

Life, Liberty and the pursuit of happiness Essay

Life, Liberty and the pursuit of happiness - Essay Example He had a strong vision for the United States of America to this end and envisioned a country in which respect for the rights to life, liberty, and the pursuit of happiness was the order of the day. No wonder, his draft of the Declaration of Independence stated, We hold these truths to be sacred & undeniable; that all men are created equal & independant, that from that equal creation they derive rights inherent & inalienable, among which are the preservation of life, & liberty, & the pursuit of happiness. (Boyd 438) The independence of the United States has seen many changes to the way life, liberty, and the pursuit of happiness have been treated. While the citizens of the U.S. enjoy these three natural rights to a greater extent than they did before independence, the country is yet to fully realize Jefferson’s dream for the country. This paper will analyze the extent to which the rights to life, liberty, and the pursuit of happiness are respected in the U.S. today. Before engaging in a discourse on the subject of the rights to life, liberty, and the pursuit of happiness, it is important that the three subjects (life, liberty, and happiness) are defined. Life basically is the characteristic that living things have and that non living objects do not have as noted by Alberts (45). In other words, it is what distinguishes objects that have self-sustaining processes from those that lack them. Biologically, living objects or organisms have the capacity to grow, reproduce, respond to stimuli, maintain homeostasis and metabolize (Alberts 47). On the other hand, non-living objects have no capacity to perform these processes. When life is taken off an organism, the organism is considered to be dead or non-living. Liberty, on the other hand, is the quality that one enjoys when they can personally control their actions as noted by Westbrooks (134). In other words, liberty has a lot to do with

Critique of the Fresh Fruit and Vegetables Range available to Essay

Critique of the Fresh Fruit and Vegetables Range available to Customers at Tesco - Essay Example Executive Summary Tesco is the largest food retailer in UK, operating more than 2,318 stores worldwide and around 1,878 stores all over the UK. Tesco also runs stores in the rest of Europe and Asia (Dinkhoff, 2009, page 5). Tesco.com offers full online service to customers. The company also offers a series of online and offline personal finance services. Headquartered in Hertfordshire, UK the company operates groceries, bakeries, food and drinks stores, health and beauty services, home and entertainment as well as pets and household services. Tesco has stores in 14 countries spread across Europe, Asia and North America and employs 492,714 people (Theuvsen, 2007, page 69). SWOT Analysis of Fruit and Vegetables Available at Tesco Strengths The company provides a Wide product range including fresh fruits, vegetables, frozen food, juices, nectars, and processed food. It also has a Strong brand name, efficient supply chain management and efficient use of technology in processing and const ant innovation. Tesco offers their customers the convenient option of online shopping through their user-friendly website. This makes it easy for customers to find the appropriate items they are seeking. The customers can view products on website, place orders and make an appointment for delivery (Dogra, 2010, page 20). The business has secured a strong commercial standing within the global marketplace after being awarded Retailer of the Year 2008 at the "World Retail Awards†. TESCO groceries strengths also include posted sales gain of 13% for UK markets and 26% growth in global markets despite retail sales continuing to show a declining or level performance (Palmer, 2012, page 4). Weakness Fruits and vegetables are easily perishable products, which without a reliable marketing strategy cad lead to immense losses (Da Silva, 2009, page 63). The stores chains weaknesses include non-essential, high ticket price items that will bear the rising cost of living and lower incomes (Tis chner, 2009, page 189). Tesco's Finance profit levels were affected by credit card arrears, bad debt, and household insurance claims. The Grocer outlets are not grouped to work as specialist retailers in particular areas of product, which other tailored retailers can capitalize (Faruq, 2007, page43). The Company’s position as a price leader in UK markets may lead to lower profit margins to obtain the substantial  price points. Another weakness lies in reliance on UK market (Pride, 2012, page 33). Opportunities Using the latest technology, Tesco can easily save time and obtain targeted customers. The company could also advertise their range of fresh fruits and vegetables through various media to attract more customers (Blay-Palmer, 2010, page 98). They could also widen their reach throughout the UK market with exclusive, fresh fruits and vegetables outlets. The increasing demand for tropical fruit and valued vegetables annually from the global market is another opportunity f or Tesco (Burch, 2007, page 143). Threats Competition still remains the foremost threat Tesco’s fresh fruit and vegetables business faces. The company has famous competitions like ASDA, Marks&Spenser and Sainsbury. Economic instability and inflation experienced lately in the UK market also pose a considerable  threat to the company. Consequently, the customers save cost on expenditure due to the bad

To what extent can it be argued that a doctor, who explains the Essay

To what extent can it be argued that a doctor, who explains the procedures and all the risks and then obtains the patients consent, is free from the potential t - Essay Example derately undisruptive, however, others bring substantial damage not just to the patient and families but also to the entire medical profession and the health care industry. When medical mistakes arise, health care professionals are inclined not to report these incidents for fear of litigation which makes the identification and prevention of these errors tough to deal with and hard to correct (Joshi, Anderson & Marwaha, 2002, pp. 40-45; Localio, Lawthers, Brennan et al., 1991, pp. 245-251). In the United Kingdom, there have been no apparent clues regarding its prevalence although an investigation was conducted representing an initial attempt to quantify the extent and magnitude of the dilemma (Vincent, Neale & Woloshynowych, 2001, pp. 517-519). In the United States, field professionals assert that the tort system is not adequate in preventing medical mistakes because the average time to resolve cases purportedly takes 44 months (Palter, 2003). Based on a study, annual deaths caused by medical mistakes have reached 98,000 in United States hospitals (Kohn, Corrigan & Donaldson, 2000). While the statistics reaped so much attention, it was not the very first investigation conducted by the medical community of its errors. Since 1990, numerous studies have dissected and analysed medical mistakes. Interestingly, the publication of these researches denoted an enlightening departure from the conventional secrecy surrounding errors made by physicians (Brennan, Leape, Laird, et al, 1991, pp. 370-376; Wu, Folkman, McPhee & Lo, 1991, pp. 2089-2094). Apparently, practitioners in the field of medicine have moved towards a path that encourages the methodology of admitting mistakes, both to themselves and to others. Duty of Care/Patient-Doctor Relationship Admitting to a mistake is a physician’s moral duty to his/her patient. The American Medical Association Principles of Medical Ethics states that â€Å"A physician shall . . . be honest in all professional

Retailer - Kroger Research Paper Example | Topics and Well Written Essays - 2000 words

Retailer - Kroger - Research Paper Example The economic stress has affected the business dues to the current recession. However, it has maintained its position despite the economic downturn because of its marketing strategies and excellent customer services. Wal-Mart is the greatest competitor affecting the company. It is known for its reduced prices, and therefore it can to drop the grocery prices by approximately 20% because it can be profitable with small margins due to economies of scale (Plunkett 141). Kroger may suffer increased price competition. However, Kroger offers products that balances its mix and does not go into direct competition with Wal-Mart. It has focused on developing its domestic markets. The customers have a high power in grocery industries because of their regular visits. In addition, switching cost is very low, and they can find similar products from other firms within the industry. In other words, customers are very keen on changes in prices and new products. Moreover, Kroger is facing legal issues, which may ruin the company image it the case was ruled against the company. Increase in operation costs can result in more debt because a high percentage was used in restructuring stores. The current economic recession has restricted the industry to refinance debt. Kroger has continued to enhance new technology in order to meet the customers need. Currently, the company has two data centers that conduct research to ensure the customers have quality and safe products. Also, the digital platform ensures that the company communicates with its clients. Kroger has over 2500 stores located in 32 states under five retail format namely supermarkets, warehouse stores, convenience stores, and jewelry stores. However, supermarkets account for the largest percentage. These supermarkets further categorized in food and drug stores, multi-department stores, and warehouse stores. Due to its wide variety of stores, it caters a broad customer base. Kroger has also

John Locke and His Influence on the American Revolution Essay

John Locke and His Influence on the American Revolution - Essay Example At the core of his ideology is the principle that people are, by nature, equal. There is no one who is above others in terms of economic, political, and cultural power. Because of this, no one also has the right to harm other people. In Two Treatises on Government, he wrote that people a natural state â€Å"do not have to ask permission to act or depend on the will of others to arrange matters on their behalf† (Locke 70). Apparently, such theory introduces concept that challenges the validity or the relevance of the government and laws. In line with his concept of individual freedoms in relation to the laws and the government, Locke also has a critical view on taxes imposed on the people. For him, taxes are similar to stealing a portion of the fruits of one’s labor. However, despite his expositions that greatly diminished the relevance of the state’s existence, Locke never went to the extent of calling for its abolition. Nevertheless, his ideas inspired other thi nkers of his time and after to develop the concept of modern democracy. Among these is the concept that democracy’s core is the will of the people. ... These were reformist in essence. These aimed to appeal to the rulers’ conscience in the hope that they mend their ways of governing. Locke, however, was not a reformist in his views. He went to criticize the roots of oppression and tyranny, the doctrine of divine right of kings. For him, it is not the king or the ruler as a person that is the problem but the principles that upholds, defends, and promotes his existence in human society. What makes this political principle radical is that it strikes at the roots of the problem of oppression which is the concept that monarchs are chosen by God and that, therefore, their authority cannot be questioned. Locke, of course, did not directly confront the English throne himself. However, by presenting his radical views to the public through his written works, particularly Two Treatises on Government, he laid the foundation of the belief that the struggles against oppressive social structures are not only justified but also legitimate un der the laws of nature. Locke’s ideas were definitely revolutionary when these are appreciated in the historical context of his time. When he questioned the validity and the legitimacy of the rule of kings and other monarchs, a great majority of the world’s nations were ruled by royal families and absolutist regimes. These basically violate the essence of the individual freedom that Locke advocated. His concept that essentially calls for the downfall of such rulers is undoubtedly revolutionary. However, it must be pointed out that the â€Å"Lockean notion of revolution is certainly a form of mass political participation, but it is an activity that derives its moral authority from an irreducibly

Organ toxicity Essay Example | Topics and Well Written Essays - 750 words

Organ toxicity - Essay Example The thing about toxicants is that there are many different potential, forms, means of exposure, plus reactions due to a combination of exposures that can make determining the safest levels like fitting together a puzzle where the pieces keep changing. Some toxicants are inhaled, absorbed through skin, or ingested, generally, and once inside the body the effects these toxicants may behave entirely differently, in the nature of symptoms, reactions, and what part of the body they target, so to speak. A â€Å"target organ† or â€Å"target tissue† is a specific organ in body that will be more affected by the toxin, while the rest of the body may not be affected at all. For example benzene specifically affects blood-forming tissues and lead focuses on the central nervous system, hematopoietic system, and the kidneys (National Library of Medicine, 2009). Not all individuals or individual organs react exactly the same way. It is the job of toxicologists to determine exactly wha t toxins cause the greatest reactions and what the actual organ toxicity is. The liver is probably one of the hardest working organs in the body. It plays a huge role in digestion, the breaking down of substances, and stores important vitamins and minerals. One of the most important roles that the liver plays is during the process of detoxification. The detoxification process occurs in two phases and is responsible for removing harmful toxins from the body through a complex series of chemical reactions. There are various nutrients and enzymes that are required in order for the Phase I detoxification process to be carried out successfully. The byproduct of this process results in the formation of metabolites that can be more harmful, on occasion, than the original toxin. Phase II prevents there from being a buildup of these metabolites (Farr, 2002). The liver is, also, an organ that can easily suffer from hepatoxicity because of its active role in absorption, digestion, and detoxification. The liver also is subject to many conditions, influenced by toxicants, that can cause disease, damage, or organ death; conditions like hepatic necrosis, intrahepatic cholestasis, hepatic cancer, cirrhosis and these are just a few; there are many other examples (National Library of Medicine, 2009). Human beings and plants share this world but they are entirely different life forms and they differ in what toxicants they react strongly too and the symptoms that the exposure causes. Gasoline is a clear or light brown liquid with a very strong odor. Gasolines contains at least a hundred and fifty different chemicals, including benzene and, sometimes, lead. Gasoline is a necessity of the modern world, it is used as fuel for machinery, vehicles, of course, and sometimes as a solvent ("National library of," 2012). The target organs of Gasoline are dependent on the way it is absorbed; the skin, eyes, central nervous system, liver, kidneys, and respiratory system are typical. The exposed person would show signs of skin and eye irritation, weakness, headache, bl urry vision, confusion, and even convulsions. Under extreme exposure conditions it can prove to be carcinogenic (Centers for Disease Control and Prevention, 2011). Plant life responds differently. For plants it has now been proven that exposure to gasoline fumes can cause immediate toxic reactions in plants of differing and multiple species. Within a few hours, no longer than 6, the exposed plants have shown drooping and browning of the leaves. Asbestos is, in fact, a group of six different fibrous minerals that form in certain types of rock and soil. Asbestos has no taste or smell and its

Check List for Project Finance Essay Example for Free

Check List for Project Finance Essay 1. Brief description of every project sponsor: company history, establishment date, legal form, ownership, subsidiaries, core activities. Data on sponsor’s experience in the host country and in the project’s industry. Explanation of how the project relates to the sponsor’s strategic direction/goals. 2. Annual reports of the past three years for every project sponsor. Additional requirements in the case of project finance for activities in existing plants: detailed structured data for the past three years and budgets for the next five years on revenues (including a breakdown of export versus domestic foreign currency revenues if any, for countries with non-convertible currency; revenue mix by customer, country, and product) and expenses (in detail; in the case of non-convertible currencies, these need to be grouped separately). 3. Summary of the project concerned, including name, location, purpose, organisational form, ownership, equity, security structure, status of licenses/approvals, local partners, marketing and distribution, financing. 4. Brief characterisation of the role of the host country. For projects with currencies that are not completely freely convertible: description of the measures to avoid convertibility and transfer risk (including escrow accounts). 5. Schematic representation of the contract structure and the significant existing or intended contractual relationships and security. 6.List of references of the general contractor and/or most important suppliers as far as known; list of references of comparable projects to document the proven technological feasibility and the experience in the sector and host country. 7.Information on operator/management company: Company history, ownership, core activities, list of references, documentation of relevant experience in industry and host country. 8.Independent feasibility study reporting on the project’s economic and financial viability and political and environmental acceptability. Information on the level of expertise of the advisers/experts used in terms of subject area and geographic region, as it relates to the project (list of references). 9.The following information, if not already included in the feasibility study: a) Technical description, flow sheet, layout b) Detailed derivation of estimated operating costs (price and quantity details) c)Procurement situation for raw materials and supplies, including corresponding contract documents d) Description of the management, training of staff, staff costs and qualifications e) Environmental aspects, environmental impact assessment report, required environmental approvals and environmental measures, general description of location and emphasis on its specific relevant features, socio-economic and socio-cultural aspects. Also see our detailed requirements for the environmental review. f) Discussion of the amounts and appropriateness of the investment value and the risks regarding time and cost overruns. g) Timetable for construction and commissioning, milestones h) Market information on the project’s products/services, including the price and volume trends for the past 5 to 10 years; competitive situation, current and future supply and demand situation; forecast, identification and geographic location of main customers; marketing and logistics strategy; description of the planned marketing activities and off-take agreements (e.g. take-or-pay agreements) i) Detailed project costs, broken down by main categories of the key construction and commissioning cost items, interest over construction period, financing of working capital j) Projected procurement of funds, including source, amount, currency, time of input k) Cash flow projection over the repayment term of the requested export-credit-insured loan (including sensitivity analysis: a realistic base scenario, an optimistic and a pessimistic scenario), explanation of how any cash deficits will be covered l) Derivation and assumptions of the cash flow projection, including basis for sales quantity and prices, operating and administrative expenses, depreciation, amortization and impairment losses, taxes, inflation, exchange rate movements, export licenses, influence of local government.

The Reality Of Platonic Relationships Sociology Essay

The Reality Of Platonic Relationships Sociology Essay Romantic relationships are characterized by feelings of passion, emotional reactions and physical attraction; and platonic relationships are characterized by the absence of physical attraction, passion or sex (Sippola, 1999). These two characterizations are very important for the scope of this paper because both are crucial to answer the question, Can men and women really be just friends? In the magazine Psychology Today, Clifford Lazarus wrote an article with an explanation to this question. Lazarus contends, for the most part, purely platonic relationships for heterosexual men and women are a myth (Lazarus, 2010). To support his contention, he refers to the reflexive nature of men and the reflective nature of women. Lazarus refers to a sexual desirability reflex, which men demonstrate towards women in prime reproductive age. This reflex suggests the immediate thoughts of males when first encountering females are whether or not he would like to have sex with her (Lazarus, 2010). Although, it is argued that females may exhibit the same thoughts, although not as frequently as with males, they tend to quickly move past this reflex. On the other hand, women generally want to determine the suitability of a potential partner. This suitability is referred to as a desire to look for potential long term, socioeconomic stability with a partner (Canary Dindia, 1998). Women therefore, tend to be more sexually reflective and choosier than males, while males tend to be more sexually reflexive than women. These reflexive and reflective drives can be linked to evolutionary theories. Males have an indefinite amount of sperm while females only have a predetermined amount of eggs for her life span (Lazarus, 2010). This suggests an explanation of why males may exhibit the above mentioned reflex more than females, and why females exhibit a determinable reflective drive. This article therefore concludes that purely platonic relationships in cross-sex friendships do not exist. The purpose of this paper is to compare and contrast the conclusion of the Psychology Today article with scholarly research to determine if purely platonic cross-sex friendships can exist between heterosexual men and women. It is important to indicate that the articles conclusion assumes that a purely platonic relationship exists when both people in the relationship have never considered having a romantic relationship with each other. Through sexually charged flirtatious behavior and evolutionary theories, the first part of this paper will provide support for the articles conclusion that purely platonic cross-sex friendships are not possible. However, the second part of this paper will present evidence denouncing the preceding hypothesis by means of costs, romantic intentions and reasons to stay platonic. Flirtatious Behavior Both romantic and platonic relationships report flirtatious activity although frequencies in flirtatious behavior may differ (Egland, Spitzberg, Zormeier, 1996). Some examples of flirtatious behaviors include looking your friend or partner up and down, gazing in their eyes and smiling suggestively. When comparing results of the platonic cross-sex relationships to the romantic cross-sex relationships, platonic relationships engaged in flirtatious activity nearly as much as romantic relationships (Egland, et al., 1996). This finding bolsters the view that even in platonic relationships, flirtatious behavior is expressed. Furthermore, flirtatious behavior may be sexually charged. According to Henningsen, Braz, and Davies (2008), people engage in flirtatious behavior for six main reasons. First is sexual motivation, referring to ones desires to engage in sexual acts. Second, an individual may be relationally motivated, with the intention of moving from a platonic relationship to a romantic relationship. Third is fun motivation, referring to flirting to gain sexual excitement or thrill. Fourth is exploring motivation, referring to flirtatious behavior of platonic relationships to explore and see if positive feedback comes from the other person. Fifth is esteem motivation, which remarks on how gaining positive feedback from flirting may boost self esteem or arousal. And finally people flirt for instrumental motivation, which is flirting for possible access to rewards. Flirting is the primary apparatus to signal sexual and romantic accessibility (Guererro Chavez, 2005). All of the reasons people may flirt are charged with motives other than being platonic. Flirtation can be described as a subcategory of social-sexual communication (Henningsen, et al., 2008, p. 2). These social-sexual communications carry the connotation of being sexually charged, suggesting one person may have had sexual or romantic thoughts at one point in time in the relationship. This suggests that flirting is associated with sexual desire, or reasons other than what constitutes a platonic friendship (Henningsen, Braz, Davies, 2008). Flirtatious behavior is often intended to be interpreted in a way that carries sexual motive (Henningsen, et al., 2008). This implies that those in platonic relationships have an intended purpose or conscious motive to engage in it. For instance, platonic relationships that do not want to turn romantic voluntarily do not engage in flirtatious behavior (Guerrero Mongeau, 2008). This suggests that platonic relationships may be conscious of flirting, thus indicating that people engage in flirting through a particular motivation; in these instances a sexually charged motivation. Since platonic relationships do engage in flirtatious behavior with one another, there is reason to believe that the flirtatious behavior is sexually charged Furthermore, men may interpret expressed behavior from women differently than from what women intend. If women are not voluntarily trying to give flirtatious signals or signs of flirtatious behavior, men are much more readily apparent to interpret non-flirtatious signals as flirtatious (Canary Dindia, 1998). Therefore, even in an apparently platonic friendship, men may be misinterpreting these non-flirtatious signals as flirtatious, and therefore sexual as well, even if there is no intension to communicate flirtatious behavior. This implies even in some apparently platonic relationships, certain behaviors may signal signs of sexual desire unintentionally. CHECK THESE PRECEDING 3 PARAGRAPHS Evolutionary Views According to evolutionary theories, flirtatious behavior is contingent upon a desire to procreate (Canary Dindia, 1998). As mentioned in the article, men have a type of reflexive drive and women have a type of reflective drive (Lazarus, 2010). From an evolutionary stance, a look into interactions between men and women will reinforce these reflexive and reflective drives. Reflective and Reflexive Behavior Women are more likely to choose a partner or mate who exhibits status and resources, therefore being more reflective than males (Lazarus, 2010). Women are generally more interested in men with high resource potential (Canary Dindia, 1998). This indicates why women focus on a long term stable relationship; one which is able to support their offspring. On the other hand, men are much more likely to approach women who display more signs of flirtatious behavior (Canary Dindia, 1998). This indicates mens reflexive drive, indicating sexual thoughts or interest upon initial encounters (Lazarus, 2010). Interests of men and women vary depending on age group. Males prefer younger women, while women prefer older males as age ascends. Women tend to be more fertile when they are younger, while men tend to be more economically sufficient and successful as they grow older (Alterovitz Mendelsohn, 2009). This suggests men being more concerned with the fertility of women by preferring younger mates, while women reported being more concerned with male socioeconomic status, indicated by selecting older men (Alterovitz Mendelsohn, 2009). Parental Investment Theory Additionally, the female perception of older males having the resources to provide for their offspring and males having the impression to mate with a fertile female is consistent with the evolutionary theory of parental investments. Under parental investment theory, the investments of men and women differ. For example, a women needs to carry the offspring. On the other hand, men could technically end their investment of the offspring immediately after conception. As referenced by Tafoya (2006), womens potential for reproduction after conception is inhibited, while on the other hand men as quoted by Lazarus (2010), have their sperm constantly replenished. Furthermore, because of the paternity uncertainty hypothesis, a man can never know with absolute certainty that a child is his. On the contrary, even though the mother may not know who the father of her child is, this hypothesis holds that she will know for certain that she will pass her genes on to her offspring (Tafoya, 2006). Considering this hypothesis and the theory of parental investments, the reflexive nature of men and reflective nature of women are explained. A males reflexive drive can be explained since males never know if the child is theirs with absolute certainty and their investment need not go beyond conception (Tafoya, 2006). Therefore, males seem to exhibit lesser commitment, reinforcing their reflexive tendencies. Additionally, men are more likely to accept a short term mate of any overall quality than women. For instance, it is more probable that men rather than women select a short term mate whose overall qualities such as wealth, status and attractiveness are lacking. Men are also more likely than women to have a one night stand or participate in an affair (Li Kenrick, 2006). On the other hand, women know their genes will be passed on and are making more of a sacrifice from an evolutionary standpoint by the cessation of their potential reproduction. This indicates that females may be more selective about their mates as indicated in the article by reflective drives. Furthermore, women prefer resources and status when looking for a short term mate more than males. In fact, women prefer the same qualities in their short term mates as they do in their long term mates (Li Kenrick, 2006). This implies women exemplify this reflective drive in support of a potential parental investor, that being the potential mate. It is shown that mating as well as parenting is essential to success of offspring, which helps to explain the characteristics of these reflexive and reflective drives (Tafoya, 2006). However, evolutionary views not limited to parental investment theory. Friends with Benefits and Biosocial Theory Evolutionary theories are evident in friends with benefits relationships. Friends with benefits refer to non-romantic or platonic relationships who engage in sexual activities (McGinty, Knox, Zusman, 2007). Friends with benefits is not just a trend, but also is commonly engaged in. Nearly 60% of undergraduates reported having had an experience with a friends with benefits relationship (McGinty et al., 2007). This reinforces the instinctive sexual activity and sexual behavior with the opposite sex. Biosocial theory of evolution may inquire more deeply as to why friends with benefits occurs. Biosocial Theory predicts human behavior by looking to a persons genetic predisposition and their environment. Women show to be more emotionally involved in a friend with benefits relationship than men. Because women emphasize emotional attachment, it is argued that women do so in order to have a stable relationship (McGinty et al., 2007). In having a stable relationship, women need to rear their offspring, thus suggesting why women are more emotionally concerned with friends with benefits relationships than men. On the other hand, men are more sexually focused with the relationship. At times, men are shown to be involved in multiple friends with benefits relationships, thus strengthening the point that men exhibit a reflexive drive (McGinty et al., 2007). Furthermore, Schneider Kenny (2000) surveyed how rewarding and costly people see an opposite-sex platonic friendship. Sexual access was reported as a potential benefit of being in a cross-sex friendship, as well as a reported cost. For example, men may be friends with women as a means to gain sexual access, however, men report having less sexual access than women. This suggests men are more concerned with sexual access than women (Bleske Buss, 2000). This reinforces the idea of the reflexive nature of men. However, women are reported to be benefited when protected by an opposite sex friend. Though this is not shown to what extent this suggests a positive cue for women as mate potential, it has been suggested in a comparative study that males who protect their friends actually gain more sexual access. This was evident in a study of baboons, where the males protect the feeding grounds, and in return the female gives them periodic sexual access; therefore suggesting mens evolutionary drive for protecting women (Bleske Buss, 2000). Flirtatious behavior and evolutionary views support the reflexive and reflective tendencies of males and females, respectively. This suggests that men and women in platonic cross-sex friendships engage in sexually charged behavior. The preceding information also supports, as the article contends, that platonic relationships may not be feasible simply because of evolutionary drives (Lazarus, 2010). Although these findings reinforce the idea that purely platonic relationships do not exist, there is information to believe otherwise. The following research in categories of similar costs, romantic intent, and reasons to stay platonic indicate evidence against the preceding research, contending there may be reasons platonic relationships can exist without having intent for or a transition to romantic relationships. Similar Costs and Status Males and Females do not differ in how costly it is to be denied sex from the person in the friendship; the potential for rejection is perceived as low in cost for both sexes (Bleske Buss, 2000). This suggests that men and women may be able to be friends without worrying about sexual access. However, this information does support males and/or females think about sex. Since the potential cost for rejection was low, this implies the male and females evaluated each other before making the decision to become romantic (Bleske Buss, 2000). Therefore, this seems to be more closely related to the conclusion in the article, and more supportive of reflexive and reflective behavior than not. Even so, the status of the relationship may have an effect on the friendship. Although, ex-romantic partners report wanting a platonic relationship to turn romantic once again, a friend who has always been platonic would not want the relationship to turn romantic (Schneider Kenny, 2000). This indicates that how a relationship is initiated may have an actual impact on the relationship. Platonic friendships therefore, may exist depending on past experiences with the individual. This undermines the contention that platonic cross-sex friendships can never be platonic, since past experience can have an impact. Romantic Intent Romantic intent was not classified in the above article Why Men and Women Cant be Just Friends. Romantic intent can vary and impact relationships differently. In the strictly platonic relationships, cross-sex friends reported less contact, flirtation and activity compared to romantic relationships. Arguably, strictly platonic friendships do not flirt, touch and spend as much time with one another relative to mutually romantic relationships, possibly because doing so may jeopardize the friendship (Guererro Chavez, 2005). Furthermore, long term strictly platonic friendships can move past initial romantic intent. Friendships in the long term are shown to use maintenance behaviors such as less contact and flirtation as a means to not potentially ruin the platonic friendship (Guererro Chavez, 2005). These finding suggests strictly platonic and mutually romantic relationships do vary with romantic intent, and thus may not perceive one another as anything more than platonic friends. Reasons to Remain Platonic There are six motives as to why relationships should remain platonic. To safeguard the relationship, lack of or no attraction, network disapproval, third party, risk aversion and timeout. This order with safeguarding the relationship being most important implies that there is an intrinsic reason for relationships to remain purely platonic. The rewarding nature of the relationship may be seen as more rewarding than a relationship moving towards one that is romantic or sexual. For instance, a reward in a platonic relationship is the ability to share emotion and/ or gain support about external situations; the ability to disclose in the relationship. On the other hand, less rewarding factors may direct people to remain platonic as well. For example, one may feel that the friend in the relationship is not attractive, or one may not want to expose oneself to possible emotional instability (Messman, Canary, Hause, 2000). Thus, research suggests cross-sex platonic relationships may have str ong reasons for existing. Furthermore, all platonic friendships may not be sexually charged. The sexual challenge in cross-sex friendships, which refers to men and women being hardwired to be sexually attracted to one another, is said to only occur in a minority of cross-sex friendships. Furthermore, the sexual challenge may be linked to attraction of the spirit, rather than of the body. Thus, reinforcing that sexual challenges may not be accurately represented when referring to the sexual desire of men and women (Messman et al., 2000). Conclusion Flirtatious behavior and evolutionary theories strongly support the idea that there cannot be purely platonic relationships as indicated in the article. However, alternative research suggests platonic friendships may be possible; similar costs, subjective romantic intent, and reasons to remain reasons to remain platonic are evidence that friendships have some incentive to remain purely platonic. Although there is support for both sides, the underlying question is whether men and women together can have purely platonic friendships. Flirtatious behaviors as well as the evolutionary theories of biosocial and parental investment demonstrate that cross-sex platonic friendships are challenging. The majority of the information in the Why Men and Women Cant be Just Friends article does give credence to the majority of these findings. Although in light of these findings, the article seems to be narrow in its evaluation. The main point of the article contends that platonic relationships do not exist because of evolutionary reasoning based on reflexive and reflective drives (Lazarus, 2010). On the other hand, the article does not account for romantic intent, a significant part of relationships. The article assumes based on the first meeting of men and women that there are uncontrollable biological reactions which occur. Although these reactions tend to happen, the article should still account for the past and present status of the relationship, as well as each persons intent to whether or not they want a platonic or romantic friendship. Since the article fails to account for this romantic intent of a males and females, it therefore neglects the possibility of differences in perception; that is, how people view each other based on their past experience with that person (Messman et al., 2000). Moreover, long term platonic friendships vary in their romantic intent depending if maintenance behaviors are used. For instance, in a relationship that has always been platonic, both persons will use more maintenance behaviors to preserve their platonic friendship, in order to safeguard the friendship from moving towards romanticism. However, maintenance behaviors are also shown not to be useful. For instance, one of the people in the relationship may be denied a desired sexual progression (Guererro Chavez, 2005). Although there can be changes made to the article, the underlying argument is supported by the majority of research. Assuming a purely platonic relationship to be a cross-sex friendship where neither party has the thought of addressing a romantic relationship, or having desire for sexual activities; the existence of purely platonic relationships is slim. Platonic relationships engaging in flirtatious behavior carry a sexual connotation (Egland, et al., 1996). This implies that males and females even in platonic relationships may exhibit these reflexive and reflective drives. Furthermore, the differing parental investments for males and females bolster the sentiment regarding reflexive and reflective drives; this concerns why males invest less in their relationships while females invest more in their relationships (Li Kenrick, 2006; Tafoya, 2006). Additionally, the biosocial theory suggests evolutionary underpinnings consistent with reflexive and reflective behavior; these include se xual behavior in friends with benefits relationships and behaviors of rewards and costs. Therefore, the article and the preceding findings suggest that the existences of purely platonic cross-sex heterosexual relationships are unlikely.

Sociological Theories Of Crime And Youth Criminals Criminology Essay

Sociological Theories Of Crime And Youth Criminals Criminology Essay Sociology, along with certain other multidisciplinary focuses, provides a number of reasons for why young people commit crimes. Chief amongst these is a lack of employment, the breakdown of the family, urban decay, social disenchantment, social alienation, drug abuse, and a host of others. For example, it had been proposed that integration be viewed through patterns of role relationships  [1]  however on the other hand it had been argued that new legal powers essentially comprise an extension of punitiveness underpinned by stigmatising and pathologies constructions of working class families.  [2]  In both cases, separated by a number of years, a number of factors are to blame the state, parents, and so on but little if any answers are proposed. Sociology in its broadest forms offers a prescriptive view of the world and this can leave it lacking when tasked with answering questions that arise out of its interests but which its interests cannot qualify. As a 2006 study on you th crime in nova Scotia put it, youth crime is multifaceted. On the one hand, most youth commit crime, and most typically grow out of crime as they age. Longitudinal studies further suggest there are several risk factors that place certain youth at increased risk of offending. At the same time, there are youth with many risk factors who never participate in offending behaviour while there are youth with few risk factors who have established criminal careers.  [3]  It is here that sociology comes unstuck, unable to handle the sheer multi affectedness of youth crime with an academic outlook that seeks to place youth into easily identifiable boxes. It is here That criminology, psychology, psychiatry, and social policy step in to try and make sense of this multiplicity and advise on policies which can both decrease the number of youths committing crimes, whilst encouraging those already in such a position to leave it behind. According to most commentators, growing out of crime is on the increase. Furthermore, a lot of youth crime is to a certain extent, to be expected, quite aside for reasons of social delinquency. The establishment of the new youth justices system was a reaction to this fact. As sociologists noted that certain levels of delinquency were normal, a new policy entered in the UK that sought to treat all crimes as punishable by a formal criminal justice sanction. The effects of this have been to label a young offender as an offender from an early age. On youths, this has a number of effects. The first is to further entrench criminality into the culprit, whilst the other aims to encourage the youth of the pointlessness of crime , providing punishments that equal the crime, but that also aim to dissuade against further criminal acts. Questions also arise about how to differentiate between males and females. Goldson and Muncie  [4]  note that women tend to grow out of crime earlier than boys. Whilst a sociological approach to this seeks to question why this may be, the criminological approach must make do with knowing that after the age of 18, youth offending begins to fall, particularly self-reported offending. As youths mature, they tend to swap certain crimes for others. Thus shoplifting and burglary decrease whilst fraud and workplace theft increase as they enter the labour market. These are questions best answered by the statistician than the sociologist. Theories that rely on concepts of individual pathology are redundant in the light of sociological developments in criminology. In recent years, there has been a wholesale turning away from concepts of individual pathology in sociology, necessitated by advancements in criminology which place a greater social burden on the reasons for crime. Haines draws a contrast between individualised explanations of criminal behaviour and approaches which seek to place crime in its situational and social context.  [5]  However, the positivist view that Darwinian notions of physiognomy may in some way be responsible for defining characteristics of a criminal are by now very outdated. More modern theories of criminality, derived in part from sociological studies, but also from the dismantling of the Darwinian myth of universal positivism, have led researchers to take the view that criminals are made, rather than born. That means that they are socialized in a society that views criminal behaviour as entirely rational and in keeping with the social and cultural norms of that milieu. Whilst exceptions still abound, particul arly in the case of the clinically, ill, this view informs much policy thinking and policies aimed at reducing youth crime. There are of course exceptions to this, but they remain very much the exception. Individual pathology is so closely linked with the notion of pathology that it is too universal, cutting across all classes, as to be specific enough to the rigours of criminological profiling. Criminology in its current incarnation looks at why crime exists in society and in order to do that, it needs to look at the ills of society. Taking their cues from Marx and Engels, the modern idea of criminology seeks to give answers that look at social questions as much as pathological ones. Accordingly, the individual pathology model is a control oriented ideology which serves to locate the causes of problems in specific individuals and which supplies the relevant knowledge and understanding to develop the appropriate technologies and social policies for controlling deviant members. Crimi nological theorizing thereby becomes a means of providingà ¢Ã¢â€š ¬Ã‚ ¦a means of legitimating current policies which become justified as forms of treatment rather than punishment.  [6]  In this argument, the archaic individual pathology view becomes not only outdated, but also unfairly punitive, prescribing a series of judgments upon a larger, unclassifiable group. It strips the moral imperative from those enlisted to uphold it, and takes an awkwardly narrow view of society as a whole.

History of Paper -- essays research papers

The first historical mention of paper is 104 A.D. in China. The Empress of China at that time loved books and wanted to have a lot of them made. At the time everything was written on silk scrolls which were extremely expensive and time consuming to make. She wanted something cheaper and easier to use and so she asked one of her servants, a gentleman by the name of Tsi Lun to come up with an alternative. He worked for over nine years experimenting with different things and finally came up with hemp, mulberry tree bark, silk and old fishing nets all ground up into a mushy pulp. I wonder how he ever thought of it; the history books don't say. The Empress was very pleased and Tsi Lun was elevated to a high rank in the court. Unfortunately for him, the Empress then asked Tsi Lun to spread malicious gossip about some of her enemies at court. When the Empress fell out of power, those people were extremely angry with Tsi Lun and he was either put to death or forced to commit suicide. Strange, isn't it, how things go in the world? And, of course, all of this that I am sharing with you is just one version of history. Others will perhaps be able to give a different rendering. I have read many. I like the story of Tsi Lun. Most people agree on that one. But, as for the spread of papermaking as an art, well, there are different stories told. To gather such accounts and compare them falls within the discipline of "Historiography", the history of the writing of history. (If you ever want to scamble your brains and loose all concept of the solidity of reality, just study the hisotry writing of history.) The following, I believe, is most likely closest to the truth. Papemmaking remained a secret Chinese art until around the year 700 A.D. when, during a war with China the Arab nations captured an entire town of papermakers and took them back to the middle east as prisoners where they were forced into labor making paper. The craft was learned a couple hundred years later by Westem Europeans during the Crusades. Curiously, the Church in Westem Europe initially banned the use of paper calling it a 'pagan art' believing that animal parchment was the only thing 'holy' enough to carry the Sacred Word. That strange prejudice lasted for more than 100 years, but they got over it. In the 17th century Europeans were making paper from cotton and linen rags. When paper is made ... ...which does not add to the pollution in the environment. Natural fiber paper makers have told me that they neutralize their caustic solutions with vinegar and baking soda. After the cooking process, once it is neutralized and checked with a litmus strip, the fiber cooking water can be disposed of down the drain without any fear of adding to the toxic waste in the environment, so there is hope.) The sad tale of our time period for the health of the eco system is that just as cotton and linen rags as sources for paper making were becoming scarce in the 17th century, trees in the 21st are also dissappearing. As an example, one single edition of the Sunday New York Times requires 30,000 acres of trees. And that's just the New York Times. What about the London Times? L.A. Times? And the millions of other papers printed around the world? Experiments have begun to find alternative sources of fiber and I have recently heard the European mills are turning toward hemp. Hemp yields 4 times the amount of cellulose fiber per acre than trees and is renewable within a year or two compared to 100 years for trees. As a lover of trees, I hope the rest of the world soon follows the European example.

Free Essays - Analysis of the Maltese Falcon :: Movie Film Essays

I  don’t recall if Gutman said it in the movie about the Falcon being coated by lacquer to obfuscate that it’s really made of gold and jewels. I think it was implied that nothing is what they really seem to be. This is what I believe Dashiell Hammett was trying to communicate through his novel, ‘The Maltese Falcon.’ In this paper I will write about why I believe what is Hammett trying to convey through his cast of characters. These characters are unlike the image and stereotype cast upon their roles.   Sam Spade isn’t exactly the typical (stereotypical?) main character or rather a detective character (I think for any main character.) By his looks/appearance, â€Å"He [Spade] looked rather pleasantly like a blond satan† (p. 3). Suggesting he is not angelic looking like lets say Humphrey Bogard (an indication that the movie isn’t true to the novel). The film ruined the ironic un-charming hero concept the novel have and so do I as one of my first example of the â€Å"things-are-not-what-they-seemed-theory-for-Hammett’s message.† Spade is callous, avaricious, and shares a similarity with Mike from ‘The House of Games.’ Why I think Mike and Spade are similar? For one thing Brigid   O’Shaughnessy gave Spade a talk/speech about him using her pretty much the same thing Ford asked Mike in the airport.   Brigid’s comment (p. 211-212) â€Å"You’ve been playing with me? Only pretending you cared-to trap me like this? You didn’t-care at all? You didn’t-don’t-I-love-me?† Ford’s â€Å"You used me...† speech is strikingly similar to Brigid’s including the reaction from Mike/Spade. The two men both refused to show sympathy and they did both had sex with their respective victims ...er women except Mike ends up dead and Brigid ends up in jail. Ford and Mike and Spade and Brigid share many similarities from the two women being used and the men conning these women. We know what Mike did already and Spade used his devilish charm to get Brigid to solve the case. He conned her into giving him money, win his trust, and played with her feelings. The comparison between Mike and Spade is to show that Spade is more of a con men than a detective which I hope are (usually) depicted as law-abiding, straight-arrow, gentlemen. Spade is a proto-badass character. I think Hammett is trying to convey that heroes aren’t always good.   Brigid O’Shaughnessy (whom I will refer as Brigid because her last name is long) is a complex character in which that she appears to be a typical damsel-in-distress but suppose to be   â€Å"a beautiful and treacherous woman whose loyalties shift at the drop of a dime.

Product Launch Plan -Team-Mkt 571

Altadena Computer: Product Launch Plan Team X MKT 571 Altadena Computer: Product Launch Plan Product Description Product Positioning Targeting Market Needs In 2009 approximately 870,000 full-time students were attending Canadian universities. The highest percentage increase of enrollment for undergraduates was in British Columbia (6. 4%) and the highest percentage increase of enrollment for graduate students was in Prince Edward Island (38. 1%) (AUCC. ) With so many students, Altadena Computers has a large base to target and market their special brand of customized laptops. Because of to the economic downturn the prediction in Canada reflects more people returning to college to increase their job marketability. In 2009, an increase of 4. 1% in undergraduate programs and an increase of 7. 2% in graduate programs validate the predictions. Altadena aims to provide quality merchandise that lasts longer than a few years, replacing the laptop will not be a concern for the student. Altadena employees rely on the students to guide them in designing the perfect laptop. Channel Strategy Market Potential Below is data collected by World Bank of Internet user percentages for United Kingdom and Canada. The trend of Internet use has significantly increased, doubling in the past decade. In 1990, domestic and international Internet usage was merely nonexistent and has steadily progressed past the year 2000. In 2007, Canada’s Internet usage inclined to 72. 8% while the United Kingdom ascended at 71. 7% and is steadily increasing into 2008. {draw:frame} Case # 1 – Domestic Location – Canada In 2007 Canada’s population reached 33. 0 million. Using the population data, Altadena Computers can estimate potential buyers within Canada. Internet percentages will be valuable in determining the average annual consumption and a measureable selling price of $950 per laptop. This price may be considered an expensive pecuniary; however, Altadena Computers must realistically visualize price and profits of the investment. At a selling price of $950 per laptop, customer base of 3,300,000, and an annual consumption of 10 percent of Internet users, 7. 28%, Altadena Computer’s market potential is calculated at $228,228,000. Case #2 – International Location – (United Kingdom) SWOT Analysis (Canada & England) SWOT Analysis (Canada & England) Threats and opportunities are equally justifiable. Yes, Altadena Computers may be a new player in the game but that does not determine a disqualification for Altadena Computers. This only symbolizes a significant role on behalf of Altadena Computers to orchestrate diligence and effective market strategies to compete with existing and forthcoming competition. Currently, management anticipates threats because of increasing competition, transportation costs, pecuniary regulations enforced by the government, and demographic shifts in the market. However, as there are threats, opportunities also exist. Altadena Computers does more than provide college students with cost effective, premium service laptops, Altadena Computers is providing essential tools and contributing to society’s development. Consider Canadian Internet usage in 2008. According to the Publications section of the World Fact Book, â€Å"Internet usage in 2008 was 25. 086 million users from a population of 33. 487 million residents. † Most Internet users are â€Å"educated† meaning they have at least an undergraduate degree. Therefore, it is imperative that Altadena Computers provide this service to college students because laptops are in high demand for students. Competition In a market of such magnitude, competition is expected to be fierce and strong. Dell, Hewitt Packard, Wal-Mart, MicroCenter, and Fry’s are some of the few dominant competitors in the industry. With the exception of Dell Computers, conveniences these businesses present are their ability to showcase products and provide instant gratification. Customers can assess the product and leave with their merchandise. Although instant gratification is necessary for some consumers, not all customers require their product instantly. Some would prefer to build their laptop necessities and incur offering provided by Altadena Computers. The logic here is not to dismiss the competition; for the possibility of that occurring is relatively short lived. Altadena Computers is a new and emerging business in the industry. Many lessons can be learned that can be applied that were previously encountered by the competition. Marketing Objectives and Strategy Pricing Market Communication: Canada and England Communication in marketing channels can serve as the process by which influential information is conveyed, shared decision making is encouraged, programs are created, power is put into effect and commitment and loyalty are built. Communication is the bond that holds together channels of distribution. Marketing communication builds awareness of a business, its products and the business’s position through customer interaction materials such as brochures, press releases, web sites and other forms of direct, indirect and interactive marketing. Marketing communication represents the â€Å"voice† of the brand and is one way to establish a dialogue and build relationships with consumers (Kotler & Keller, 2007, p. 279). Altadena Computer Company must have an in-depth understanding of the company’s target audience and the process of buying, selling, and communicating to customers. Marketing communications are the means by which firms attempt to inform, persuade, and remind consumers—directly or indirectly—about the products and brands they sell (Kotler & Keller, 2007, p. 279). The marketing communication mix consists of six major modes of communication (Kotler & Keller, 2007, p. 279): Sales Promotion is short-term incentives to encourage trial or purchase of a product or service. Public relations and Publicity are programs promoting or protecting company or product image. Direct marketing is the use of mail, telephone, fax, e-mail, or solicit response or dialogue from specific customers and prospects. Personal selling is face-to-face interactions with prospective purchasers for the purpose of making presentations, answering questions and procuring orders. Publicity: Canada and England Distribution Strategy: Domestic and International A distribution strategy describes how a business will generate and persuade demand for a product or service. Distribution Strategy involves shifting products for point of formation to points of utilization by the end user, in a cost-effective method. Distribution strategy will identify how a business will manage the brand. Distribution strategies come is various forms: (1) manufacturer ? consumer, (2) manufacturer? retailer? consumer, or (3) manufacturer? wholesaler? etailer? consumers. The process can involve longer channels including agents and brokers Types of Distribution Channels Canada and England Distribution Strategy The primary distribution for Altadena Computer domestic and international customer will be manufacturer to customer. The customer will have access live assistance to make orders and ask questions, through the Altadena Computer website or with a customer service representative that has the knowledge and ability to service Altadena Computer customers. Altadena Computers Distribution Strategy Altadena Computers must take advantage of the distribution opportunities. For example, gaining permission from domestic and international educational institutions to place brochures in the building were students have access to the information. Another distribution opportunity is setting up a demonstration area at domestic and international universities and colleges to provide information and a glimpse at the product to the potential customer. Customers preferring to buy online will have to fulfill orders and allow Altadena Computers to sell directly to customers. Customers can also engage in another distribution strategy with Altadena Computers specialized customer service representatives to close deals. Altadena Computers distribution program will focus on the needs of the customer. Financial Information Market Research Conclusion References Association of Universities and Colleges of Canada (2009. ) Retrieved March 7, 2010 from http://www. aucc. ca/publications/media/2009/enrolment_10_22_e. html https://www. cia. gov/library/publications/the-world-factbook/geos/ca. html https://www. cia. gov/library/publications/the-world-factbook/geos/uk. html Common Wealth (2009) United kingdom. opulation. Retrieved 3-7-2010 http://www. thecommonwealth. org/YearbookHomeInternal/139560/ Kotler, P. & Keller, K. (2007). A Framework for Marketing Management (3rd ed. ) New Jersey: Pearson-Prentice Hall. Kotler, P. and Keller, K. L. (2006) Marketing management (12th Ed. ) New Jersey: Pearson- Prentiss Hall. Statistics Canada (2009) Population and demography. Re trieved 3-7-2010 http://www41. statcan. gc. ca/2008/3867/ceb3867_000-eng. htm World Bank, World Development Indicators (2010) Internet_ users as percentage of _ population. Retrieved 3-7-2010 http://www. google. com/publicdata

Brave New World †Freedom Essay

The concept of freedom is always changing and is often open to interpretation. What, exactly, is freedom? and why is it so important that we be free? In Brave New World, Aldous Huxley leaves the reader in continuous suspense over which character is truly free or has freedom. The citizens of the World State do not possess any notion of freedom, they are unable to control the way they think, feel and make decisions; however, John has the ability to do all of these things. The World State holds the citizens captive of their most fundamental rights to freedom through Soma, the media and hypnopedia; whereas, John, free from society’s captivities, has complete control over himself and his mind. The citizens of the World State are enslaved by their ruler, they are devoid of emotions, all emotions except for that of happiness. They lack the state of consciousness needed to make their own decisions and that, in turn, creates a society that is solely governed by one process of thought. The World State uses Soma to control the emotions of the citizens in order to create and maintain stability in the world. This control not only takes away the pleasures of experiencing real, genuine emotions but also corrupts one’s ability to react according to how they feel in a situation. The citizens have the â€Å"freedom† to react as they please but with the constant restraints on which emotions they are allowed to feel even that freedom has been taken from them. †Ã¢â‚¬ Now don’t lose your temper,† she said. â€Å"Remember one cubic centimetre cures ten gloomy sentiments. â€Å"â€Å" (Huxley p. ). Freedom is reacting based on emotions that one’s self has come up with, emotions that have been drawn from a wide spectrum, not carefully selected by one’s ruler. The second most powerful tactic the World State uses to control their citizens is through the media along with debilitating the desire to not want to be a part of the social body. They engineer a culture that shelters citizens from what is really happening and what truly lies beneath the surface at all times. â€Å"She was appalled by the rushing emptiness of the night†¦ â€Å"Let’s turn on the radio. Quick! â€Å"†¦ â€Å"but I want to look at the sea in peace,† he said. â€Å"It makes me feel as though†Ã¢â‚¬ ¦ †not so completely a part of something else. Not just a cell in the social body†Ã¢â‚¬ ¦ But Lenina was crying. â€Å"It’s horrible, it’s horrible,† she kept repeating. â€Å"And how can you talk like that about not wanting to be a part of the social body? â€Å"(Huxley p. ). They, the citizens, are never given the opportunity to think for themselves or by themselves; thus, taking away the possibility of critical or analytical thinking. During the decanting period (birth) and even prior to that, the citizens of the World State are unable to choose their destinies, their futures are laid out before them before they are even processed as people. Not only are they devoid of the most common emotions, they lack any individuality at all because they are created to have a certain level of intelligence, a certain status in society, they’re engineered to have certain likes and dislikes and are even under the control of society when choosing what colour to wear. â€Å"From the ranks of the crawling babies came little squeals of excitement, gurgles and twitterings of pleasure†¦ Small hands reached out uncertainly, touched, grasped, unpetaling the transfigured roses, crumpling the illuminated pages of the books. The Director waited until all were happily busy. Then, â€Å"Watch carefully,† he said. And, lifting his hand, he gave the signal†¦ There was a violent explosion. Shriller and ever shriller, a siren shrieked. Alarm bells maddeningly sounded. The children started, screamed; their faces were distorted with terror. â€Å"And now†¦ now we proceed to rub in the lesson with a mild electric shock. â€Å"†¦ There was something desperate, almost insane, about the sharp spasmodic yelps to which they now gave utterance. Their little bodies twitched and stiffened; their limbs moved jerkily as if to the tug of unseen wires†¦ Offer them the flowers and the books again. â€Å"†¦ but at the approach of the roses, at the mere sight of those gaily-coloured images of pussy and cock-a-doodle-doo and baa-baa black sheep, the infants shrank away in horror, the volume of their howling suddenly increased†¦. â€Å"They’ll grow up with what the psychologists used to call an ‘instinctive’ hatred of books and flowers. † (Huxley p. ). This kind of control leads to the complete destruction of individual and collective freedom. The World State holds the citizens captive of their most fundamental rights to freedom therefore, they are not free. Freedom is constantly questioned throughout the novel and John has the power of free will on his side because he has the capability to feel his own emotions, think critically, and act accordingly. That is something society simply will never have the opportunity or ability to experience. When he is inflicted in a situation he lacks no restrictions on his feelings, he feels love for Lenina and he feels pain for being an outcast, being different. John, who has the ability to feel everything. â€Å"†Is there any hope? † he asked. â€Å"You mean, of her not dying? † (He nodded. â€Å"No, of course there isn’t. When somebody’s sent here, there’s no †¦Ã¢â‚¬  Startled by the expression of distress on his pale face, she suddenly broke off. â€Å"Why, whatever is the matter? † she asked. She was not accustomed to this kind of thing in visitors. (Not that there were many visitors anyhow: or any reason why there should be many visitors. ) â €Å"You’re not feeling ill, are you? † †¦. Anger suddenly boiled up in him. Balked for the second time, the passion of his grief had found another outlet, was transformed into a passion of agonized rage. â€Å"(Huxley p. ). In contrast with the other citizens of the World State who cannot make out the most simple of genuine emotions and one’s ability to react according to how they feel in a situation, this really puts the concept of freedom into perspective. He is not only able to feel a wide selection of emotions but because of that freedom he can think critically and make logical and rational decisions about the State’s affairs and his own life. Due to his personal freedoms he is able to see things for what they really are instead of what they are made out to be by the World State. â€Å"†We don’t,† said the Controller. â€Å"We prefer to do things comfortably. â€Å"But I don’t want comfort. I want God, I want poetry, I want real danger, I want freedom, I want goodness. I want sin. † â€Å"In fact,† said Mustapha Mond, â€Å"you’re claiming the right to be unhappy. â€Å" â€Å"All right then,† said the Savage defiantly, â€Å"I’m claiming the right to be unhappy†¦ not to mention the right to grow old and ugly and impotent; the right to have syphilis and cancer; the right to have too little to eat; the right to be lousy; the right to live in constant apprehension of what may happen to-morrow; the right to catch typhoid; the right to be tortured by unspeakable pains of every kind. There was a long silence. â€Å"I claim them all,† said the Savage at last. † (Huxley p. ). John is and forever will be free from the World State for the simple fact that he can think critically and make logical and rational decisions. To want to expanding his individuality and intelligence is another attribute the citizens of the World State will never posses; however,John has the desire and wonder to read Shakespeare, absorb information about religion, beliefs and his surroundings. â€Å"â€Å"The Savage’s face lit up with a sudden pleasure. â€Å"Have you read it too? † he asked. I thought nobody knew about that book here, in England. † â€Å"Almost nobody. I’m one of the very few. It’s prohibited, you see†¦ â€Å"But why is it prohibited? † asked the Savage†¦ The Controller shrugged his shoulders. â€Å"Because it’s old; that’s the chief reason. We haven’t any use for old things here†¦ we don’t want people to be attracted by old things. We want them to like the new ones. â€Å"†¦. â€Å"But the new ones are so stupid and horrible. Those plays, where there’s nothing but helicopters flying about and you feel the people kissing. â€Å" He made a grimace. â€Å"Goats and monkeys! Only in Othello’s word could he find an adequate vehicle for his contempt and hatred. † (Huxley p. ). The natural demonstration of this attribute reflects how thoughtless his free will is, strongly contrasting the captivity those of the World State are under. Others that are led by the rules of the World State are merely human-looking machines that carry out meaningless lives to keep the rulers happy and society stable.. John has presented a state of being that the rulers of the World State have tried to exterminate- free will. He is who he wants to be and has pushed away the man society has created. And that, is freedom.

Benedict Arnold Essay

Benedict Arnold was a Revolutionary Hero that had a big affect on winning the war. He had boosted many of the soldiers moral during the war with his successful raids. Moral could be considered a reason for the Americans winning the war because it kept them going through there up and downs. To begin my essay, I’ll start it with a brief summary on Arnold, so the reader will understand who he really was. Benedict Arnold was born on January 14,1741 in Norwich, Connecticut. His ancestors William Arnold and his family who left England because of religious persecution were the first Arnold’s in New England. Arnold’s family background was well respected and was know to have some wealth. Arnold received his education at Canterbury. Benedict was a romantic, adventurous, excessively proud and sensitive, ruled by impulse rather then principal. Arnold was employed at a drug store in Norwich until 1762,where he moved to New Haven establishing himself in business. He owned a considerable amount of land, was involved in the West India Trade and sometimes even commanding his own ships. On February22nd, 1767 he married Margaret Mansfield. With Margaret he had three sons, Benedict, Richard, and Henry. Benedict’s wife died on June 19th 1775. George Washington greatly liked Benedict Arnold and trusted him a lot, so he let Arnold and Ethan Allen try to invade Canada. The conditions were harsh and those conditions set a big problem for Arnold. Some Arnold’s men left and took many of the supplies they had to survive but he still had kept his men strong. The main problem toward Arnold’s army was the rain, snow, mud and especially hunger. Benedict finally reached St. Lawrence with 600 of his men, and he was commended for his success. Arnold tried to capture Quebec, but heavy rainstorms prevented Arnold and his army to move for three days. He then led two-attack n these two forts Ticonderoga and Crown Point, which Arnold had captured. These two successful captures had boost moral and many men confidence to keep on fighting. Benedict Arnold even made the British retreat when they attempted to attack Connecticut. Later on Benedict volunteered to take control of Fort Schuyler. He tricked the British into thinking he was coming with an army force of hundreds of thousands American Soldiers, when in reality he only had about a thousand. He then entered the fort and it was empty. Arnold signed the Oath of Allegiance to his country on May 30th, 1778. Arnold signed it at Artillery Park in Valley Forge. After getting rid of the British in Philadelphia, Washington gave Benedict the command of the city. By May of 1779 Arnold began bargaining with the British. Arnold was offered over 10,000 pounds and a commission in the British Army. The bounty Arnold had put up was West Point. Arnold began conversing with Major John Andre from the British Army. John Andrea was the middleman between Arnold and Sir Henry Clinton regarding the closing of the deal. Andre was sent back to the British lines with some documents in his sock from Arnold. Andre was captured and placed in American custody. After the documents were found, Arnold heard and escaped. John Andre was killed for a spy. The British gave Arnold money, land in Canada, pensions for himself, his wife and kids, and a spot in the British military as a Brigadier General. Arnold then was never given an important military command. Benedict Arnold finally died in 1801. Arnold was a great man who was devoted to his country. He had given all his life, strength and respect for his country but never received any of that back. He was highly made fun of by many people, including Generals and people in congress. He also wasn’t getting paid as well either. All those factors had finally broke Arnold and he couldn’t take all the disrespect from his amazing accomplishments for the United States. The decision leading him to become know as a traitor shouldn’t let his great achievements for the United States of America go to waste. He should have been honored for what he did for his country then disgraced. Arnold was a brilliant leader in the continental army, leading to many victories for the United States. His uncommon bravery had really showed a great impression on all the soldiers, boosting their morals even more. †Arnold dedicated himself to the Revolutionary cause, sacrificing family life, health, and financial well-being for a conflict that left him physically crippled, sullied by false accusations, and profoundly alienated from the American cause of liberty.† Arnold can be considered one of the best American Generals during the fight for independence. He was very well known for that and respected. Though congress would never give him his deserved promotions. Now as we learn about Arnold, we are never taught of what he did but instead of his treasury. Arnold really didn’t turn on his country but the country had turned on him for not noticing his great achievements for the fight for independence. The only honor that was rewarded to Arnold was the â€Å"Boot monument† where he had fought the Battle of Saratoga. He wasn’t rewarded for his great accomplishment but just rewarded for a wounded leg. Congress though had never motivated Arnold and always picked on him. Arnold was simple; he was a man with great honor who fought for independence and to keep his family name respected. Arnolds father was arrested for over drinking according to Jim Murphy, and his family name had lost much respect. So Arnold a confident, and strong man devoted his life to gain much of his family respect back. He had joined the group called â€Å"The Freemasons† who had requirements to become a memberâ€Å"From the first to the last . . . the first condition to be fulfilled is to Have a reputation of unsullied honor and probity.† Arnold was hoping to gain much of his respect through his membership in this group but was highly disrespected. Arnold being the confident men he is, just ignored it and attended the meetings. His own people simply constantly neglected Arnold. Arnold was asked to capture Fort Ticonderoga, so he did what he was told. He had captured the Fort without a fight, but only making the British there to surrender. He was given little to no credit for this amazing accomplishment that he led. Allen, a General as well, wrote to congress that he captured the fort without Arnold mentioned much. Allen in his letter as well mentioned other soldiers that didn’t do anything over Arnold. After the capture, Allen and his men taking their chance during the situation by looting and partying. Arnold trying to tell congress the true story was denied. Now Arnold began getting mistreated by congress for all his achievements. As he was then assigned to attack Canada, he did but unsuccessfully. He was wounded but rewarded greatly for his attempt and courage. Arnolds respect began to change. Major General Horatio Gate gave him control of Crown Point. As commander of the new fort, he had to defend Lake Champlain. He defended it greatly with a small fleet and army but was unsuccessfully able to keep it. His brilliancy came into play when he retreated perfectly back to the fort saving a lot of men. This accomplishment ranked up Arnold. Washington became to notice and trust Arnold. They were becoming great friends and there trust grew with them. The jealous man by the name of Gates grew as Arnold accomplished many achievements. A letter by Arnolds enemy stating that Arnold being a coward retreated, even though his fleet was bigger then the British. This was all false but people he once trusted started to turn on Arnold. Many started to agree, just to get Arnold the disrespected he didn’t deserve. Washington liking Arnold had been trying to promote him for his great commanding on land and water but congress refused. False accusations of Arnold started to come upon him. His own people and country were turning on him. Arnold began to question his sacrifices, loyalty and honor. Arnold was offered land, wealth and a military position in the British army, for exchange to surrender West Point. Arnold agreed but only because his country turned on him. He would never gain the respect he wanted from his own people, no matter what he did. His own country always humiliated him, even after what he gave to his country. He did many unrecognized accomplishments for the Americans. He won the Battle at Saratoga, which was the biggest turning point in the American Revolution because it finally convinced the French to send troops to our cause, who were a great aid. Benedict Arnold was an outstanding man. He was one of the first to agree with the colonist to go against Britain and one of the first to become a General of the new continental army. He easily captured many forts that boost the American moral and strength. He then was the Commander of West Point but still was constantly humiliated by his own people. His plans to gain respect back to his family name, was always failing. The truths of his victories started to become lies. The lies began to play an affect on Arnold’s character. He was fed up, so he decided to take the British offer. The offer was, he would give up West Point for land, wealth and a military position. He took it up for the reason his country mistreated him. â€Å"A variety of enemies on the American side had insulted and abused him, while others had denied him the credit due to his military skills.

Bombay Stock Exchange

Bombay Stock Exchange – Wikipedia, th†¦ Coordinates: 18. 929681 °N 72. 833589 °E Bombay Stock Exchange From Wikipedia, the free encyclopedia The Bombay Stock Exchange (BSE) (Hindi or Marathi: Bombay Share Bazaar) (formerly, The Stock Exchange, Bombay) is the oldest stock exchange in Asia and largest number of listed companies in the world, with 4990 listed as of August 2010. [2][3] It is located at Dalal Street, Mumbai, India. On Aug, 2010, the equity market capitalization of the companies listed on the BSE was US$1. 39 trillion, making it the 4th largest stock exchange in Asia and the 11th largest in the world. 4] With over 4,990 Indian companies listed & over 7700 scrips on the stock exchange,[5] it has a significant trading volume.The BSE SENSEX (SENSitive indEX), also called the â€Å"BSE 30†, is a widely used market index in India and Asia. Though many other exchanges exist, BSE and the National Stock Exchange of India account for most of the trading i n shares in India. Bombay Stock Exchange Contents 1 Hours of operation 2 History 3 Timeline 4 BSE indices 5 Sensex correlation with emerging market indices 6 Awards 7 See also 8 References 9 External links Type Stock Exchange Location Mumbai, India Coordinates 18. 29681 °N 72. 833589 °E Founded 1875 Owner Bombay Stock Exchange Limited Key people Madhu Kannan (CEO & M D) Currency Indian rupee No. of listings 4,996 MarketCap US$1. 39 trillion (August 2010)[1] Volume US$980 billion (2006) Indexes BSE Sensex Website www. bseindia. com (http://www. bseindia. com/) Hours of operation Session Trading Session Timing 9:00 – 15:30 Beginning of the Day Session 8:00 – 9:00 †¦wikipedia. org/†¦/Bombay_Stock_Exch†¦ 1/6 9/27/2010Bombay Stock Exchange – Wikipedia, th†¦ Position Transfer Session Closing Session Option Exercise Session Margin Session Query Session End of Day Session 5:30 – 15:50 15:50 – 16:05 16:05 – 16:35 16:35  œ 16:50 16:50 – 17:35 17:30 The hours of operation for the BSE quoted above are stated in terms of the local time (i. e. GMT +5:30) in Mumbai (Bombay), India. BSE's normal trading sessions are on all days of the week except Saturdays, Sundays and holidays declared by the Exchange in advance. [6] History The Bombay Stock Exchange is the oldest exchange in Asia. It traces its history to the 1850s, when 4 Gujarati and 1 Parsi stockbroker would gather under banyan trees in front of Mumbai's Town Hall.The location of these meetings changed many times, as the number of brokers constantly increased. The group eventually moved to Dalal Street in 1874 and in 1875 became an official organization known as ‘The Native Share ; Stock Brokers Association'. In 1956, the BSE became the first stock exchange to be recognized by the Indian Government under the Securities Contracts Regulation Act. The Bombay Stock Exchange developed the BSE Sensex in 1986, giving the BSE a means to measure overall performance of the exchange. In 2000 the BSE used this index to open its derivatives market, trading Sensex futures contracts.The development of Sensex options along with equity derivatives followed in 2001 and 2002, expanding the BSE's trading platform. Historically an open outcry floor trading The Phiroze Jeejeebhoy exchange, the Bombay Stock Exchange switched to an electronic trading system Towers house the Bombay in 1995. It took the exchange only fifty days to make this transition. This Stock Exchange since 1980. automated, screen-based trading platform called BSE On-line trading (BOLT) currently has a capacity of 80 lakh orders per day. The BSE has also introduced the world's first centralized exchange-based internet trading system, BSEWEBx. o. in to enable investors anywhere in the world to trade on the BSE platform. [7]. The BSE is currently housed in Phiroze Jeejeebhoy Towers at Dalal Street, Fort area.Timeline Following is the timeline on the rise and rise of the S ensex through Indian stock market history. 1830's Business on corporate stocks and shares in Bank and Cotton presses started in Bombay. 1860-1865 Cotton price bubble as a result of the American Civil War 1870 – 90's Sharp increase in share prices of jute industries followed by a boom in tea stocks and coal 1978-79 Base year of Sensex, defined to be 100. †¦wikipedia. rg/†¦/Bombay_Stock_Exch†¦ 2/6 9/27/2010 Bombay Stock Exchange – Wikipedia, th†¦ 1986 Sensex first compiled[8] using a market Capitalization-Weighted methodology for 30 component stocks representing well-established companies across key sectors. 30 October 2006 The Sensex on October 30, 2006 crossed the magical figure of 13,000 and closed at 13,024. 26 points, up 117. 45 points or 0. 9%. It took 135 days for the Sensex to move from 12,000 to 13,000 and 123 days to move from 12,500 to 13,000. 5 December 2006 The Sensex on December 5, 2006 crossed the 14,000-mark to touch 14,028 points.It t ook 36 days for the Sensex to move from 13,000 to the 14,000 mark. 6 July 2007 The Sensex on July 6, 2007 crossed the magical figure of 15,000 to touch 15,005 points in afternoon trade. It took seven months for the Sensex to move from 14,000 to 15,000 points. 19 September 2007 The Sensex scaled yet another milestone during early morning trade on September 19, 2007. Within minutes after trading began, the Sensex crossed 16,000, rising by 450 points from the previous close. The 30-share Bombay Stock Exchange's sensitive index took 53 days to reach 16,000 from 15,000. Nifty also touched a new high at 4659, up 113 points.The Sensex finally ended with a gain of 654 points at 16,323. The NSE Nifty gained 186 points to close at 4,732. 26 September 2007 The Sensex scaled yet another height during early morning trade on September 26, 2007. Within minutes after trading began, the Sensex crossed the 17,000-mark . Some profit taking towards the end, saw the index slip into red to 16,887  œ down 187 points from the day's high. The Sensex ended with a gain of 22 points at 16,921. 9 October 2007 The BSE Sensex crossed the 18,000-mark on October 9, 2007. It took just 8 days to cross 18,000 points from the 17,000 mark.The index zoomed to a new all-time intra-day high of 18,327. It finally gained 789 points to close at an all-time high of 18,280. The market set several new records including the biggest single day gain of 789 points at close, as well as the largest intra-day gains of 993 points in absolute term backed by frenzied buying after the news of the UPA and Left meeting on October 22 put an end to the worries of an impending election. 15 October 2007 The Sensex crossed the 19,000-mark backed by revival of funds-based buying in blue chip stocks in metal, capital goods and refinery sectors.The index gained the last 1,000 points in just four trading days. The index touched a fresh all-time intra-day high of 19,096, and finally ended with a smart gain of 640 points at 19,059. The Nifty gained 242 points to close at 5,670. 29 October 2007 The Sensex crossed the 20,000 mark on the back of aggressive buying by funds ahead of the US Federal Reserve meeting. The index took only 10 trading days to gain 1,000 points after the index crossed the 19,000-mark on October 15. The major drivers of today's rally were index heavyweights Larsen and Toubro, Reliance Industries, ICICI Bank, HDFC Bank and SBI among others.The 30-share index spurted in the last five minutes of trade to fly-past the crucial level and scaled a new intra-day peak at 20,024. 87 points before ending at its fresh closing high of 19,977. 67, a gain of 734. 50 points. The NSE Nifty rose to a record high 5,922. 50 points before ending at 5,905. 90, showing a hefty gain of 203. 60 points. 8 January 2008 The sensex peaks. It crossed the 21,000 mark in intra-day trading after 49 trading sessions. This was backed by high market confidence of increased FII investment and strong corporate results for the third quarter.However, it later fell back due to profit booking. †¦wikipedia. org/†¦/Bombay_Stock_Exch†¦ 3/6 9/27/2010 Bombay Stock Exchange – Wikipedia, th†¦ 13 June 2008 The sensex closed below 15,200 mark, Indian market suffer with major downfall from January 21, 2008 25 June 2008 The sensex touched an intra day low of 13,731 during the early trades, then pulled back and ended up at 14,220 amidst a negative sentiment generated on the Reserve Bank of India hiking CRR by 50 bps. FII outflow continued in this week. 2 July 2008 The sensex hit an intra day low of 12,822. 0 on July 2, 2008. This is the lowest that it has ever been in the past year. Six months ago, on January 10, 2008, the market had hit an all time high of 21206. 70. This is a bad time for the Indian markets, although Reliance and Infosys continue to lead the way with mostly positive results. Bloomberg lists them as the top two gainers for the Sensex, closely followed by ICICI Bank an d ITC Ltd. 6 October 2008 The sensex closed at 11801. 70 hitting the lowest in the past 2 years. 10 October 2008 The Sensex today closed at 10527,800. 1 points down from the previous day having seen an intraday fall of as large as 1063 points. Thus, this week turned out to be the week with largest percentage fall in the SenseX 18 May 2009 After the result of 15th Indian general election Sensex gained 2100. 79 points from the previous close of 12173. 42, a record one-day gain. In the opening trade itself the Sensex evinced a 15% gain over the previous close which led to a two-hour suspension in trading. After trading resumed, the Sensex surged again, leading to a full day suspension of trading. BSE indicesFor the premier stock exchange that pioneered the securities transaction business in India, over a century of experience is a proud achievement. A lot has changed since 1875 when 318 persons by paying a then princely amount of Re. 1, became members of what today is called Bombay Sto ck Exchange Limited (BSE). Over the decades, the stock market in the country has passed through good and bad periods. The journey in the 20th century has not been an easy one. Till the decade of eighties, there was no measure or scale that could precisely measure the various ups and downs in the Indian stock market.BSE, in 1986, came out with a Stock Index-SENSEX- that subsequently became the barometer of the Indian stock market. The launch of SENSEX in 1986 was later followed up in January 1989 by introduction of BSE National Index (Base: 1983-84 = 100). It comprised 100 stocks listed at five major stock exchanges in India Mumbai, Calcutta, Delhi, Ahmedabad and Madras. The BSE National Bombay Stock Exchange Index was renamed BSE-100 Index from October 14, 1996 and since then, it is being calculated taking into consideration only the prices of stocks listed at BSE.BSE launched the dollar-linked version of BSE-100 index on May 22, 2006. With a view to provide a better representation of the increasing number of listed companies, larger market capitalization and the new industry sectors, BSE launched on 27th May, 1994 two new index series viz. , the ‘BSE200' and the ‘DOLLEX-200'. Since then, BSE has come a long way in attuning itself to the varied needs of †¦wikipedia. org/†¦/Bombay_Stock_Exch†¦ 4/6 9/27/2010 Bombay Stock Exchange – Wikipedia, th†¦ investors and market participants.In order to fulfill the need for still broader, segment-specific and sector-specific indices, BSE has continuously been increasing the range of its indices. BSE-500 Index and 5 sectoral indices were launched in 1999. In 2001, BSE launched BSE-PSU Index, DOLLEX-30 and the country's first free-float based index – the BSE TECk Index. Over the years, BSE shifted all its indices to the free-float methodology (except BSE-PSU index). BSE disseminates information on the Price-Earnings Ratio, the Price to Book Value Ratio and the Dividend Yield Perc entage on day-to-day basis of all its major indices.The values of all BSE indices are updated on real time basis during market hours and displayed through the BOLT system, BSE website and news wire agencies. All BSE Indices are reviewed periodically by the BSE Index Committee. This Committee which comprises eminent independent finance professionals frames the broad policy guidelines for the development and maintenance of all BSE indices. The BSE Index Cell carries out the day-to-day maintenance of all indices and conducts research on development of new indices. [9] Sensex correlation with emerging market indicesSensex is significantly correlated with the stock indices of other emerging markets[10][11] Awards The World Council of Corporate Governance has awarded the Golden Peacock Global CSR Award for BSE's initiatives in Corporate Social Responsibility (CSR). The Annual Reports and Accounts of BSE for the year ended March 31, 2006 and March 31 2007 have been awarded the ICAI awards for excellence in financial reporting. The Human Resource Management at BSE has won the Asia – Pacific HRM awards for its efforts in employer branding through talent management at work, health management at work and excellence in HR through technologySee also Phiroze Jeejeebhoy Towers Clause 49 National Stock Exchange of India Companies listed on the Bombay Stock Exchange List of South Asian stock exchanges References 1. ^ World-exchanges. org (http://www. world-exchanges. org) 2. ^ World-exchanges. org (http://www. world-exchanges. org) 3. ^ â€Å"BSE – Key statistics† (http://www. bseindia. com/about/st_key/list_cap_raised. asp) . Bseindia. com. http://www. bseindia. com/about/st_key/list_cap_raised. asp. Retrieved 2010-08-26. 4. ^ World Federation of Exchanges (2007) (http://www. world-exchanges. rg/publications/EQU1107. pdf) â€Å"World †¦wikipedia. org/†¦/Bombay_Stock_Exch†¦ 5/6 9/27/2010 Bombay Stock Exchange – Wikipedia, th†¦ 5 . 6. 7. 8. 9. 10. 11. Federation of Exchanges (2007)† ^ BSE website, (http://www. bseindia. com/about/st_key/list_cap_raised. asp) â€Å"Listing and Capital Raised† ^ Market Hours, Bombay Stock Exchange via Wikinvest ^ â€Å"BSEIndia† (http://www. bseindia. com/about/tech. asp) . BSEIndia. http://www. bseindia. com/about/tech. asp. Retrieved 2010-07-28. ^ â€Å"BSEIndia† (http://www. bseindia. com/about/abindices/bse30. asp) .BSEIndia. 2003-09-01. http://www. bseindia. com/about/abindices/bse30. asp. Retrieved 2010-07-28. ^ â€Å"BSEIndia† (http://www. bseindia. com/about/abindices/preface. asp) . BSEIndia. http://www. bseindia. com/about/abindices/preface. asp. Retrieved 2010-08-26. ^ â€Å"BSE SENSEX Index Chart – Yahoo! Finance† (http://finance. yahoo. com/echarts? s=%5EBSESN#chart1:symbol=^bsesn;range=my;compare=^gspc+eww+ewy;indicator=volume;charttype=line;cros shair=on;ohlcvalues=0;logscale=on;source=undefined) . Finance. yahoo. com. http://finance. yahoo. com/echarts? =%5EBSESN#chart1:symbol=^bsesn;range=my;compare=^gspc+eww+ewy;indicator=volume;charttype=line;cros shair=on;ohlcvalues=0;logscale=on;source=undefined. Retrieved 2010-07-28. ^ http://www. reutersindia. net/ Asia Technical Analysis with Phil Smith External links Official website (http://www. bseindia. com/) BSE to launch Sensex Futures in US (http://birlaa. com/2008/04/04/bse-to-launch-sensex-futures-trading-inus/) The Evolution Of Indian Stock Market (http://shareskool. com/articles/ViewArticle. inf? article=The+Evolution+Of+Indian+Stock+Market;article_Id=1) Retrieved from â€Å"http://en. ikipedia. org/wiki/Bombay_Stock_Exchange† Categories: Bombay Stock Exchange | Companies established in 1875 | Stock exchanges in India | Stock exchanges in Asia | Companies based in Mumbai This page was last modified on 25 September 2010 at 00:14. Text is available under the Creative Commons Attribution-ShareAlike License; additional terms may apply. See Terms of Use for details. Wikipedia ® is a registered trademark of the Wikimedia Foundation, Inc. , a non-profit organization. †¦wikipedia. org/†¦/Bombay_Stock_Exch†¦ 6/6