Basic Elements in Behavior Essay Example | Topics and Well Written Essays - 500 words

Basic Elements in Behavior - Essay Example The main parts of human body include heart, the nervous system and the most important is the brain. The nervous system is the main route which helps to carry all the information to other parts of the body. It has always been a mystery that how a human brain works although many scientists have conducted many theories about it. Moreover it has now become evident that the first five years of a person’s life are the most important in the physical brain development. The human body contains a huge number of neurons. It is said that approximately one trillion neurons are required to control the human behavior. Neurons are considered as the basic elements of human behavior because they not only help in achieving our day to day physical activities but they help us to think, move, remember and feel all the emotions. They are just like chip in a computer which is used to transfer information from one part to the other. As it is believed that there is something inside our body which contr ols all the actions. This thing which controls our actions is called Neuron. (Feldman, 2009, p. 114). Neurons are just like other cells of the body. Their body consists of a nucleus which tells that how the cell will perform its functions. Moreover the neurons have the ability of transmitting information to other neurons having long distances.

A Look At Airasia Management Essay

A Look At Airasia Management Essay The transportation service company that we have selected is AirAsia. AirAsias principal activity is to provide air transportation services. Since 2001, AirAsia has broken the travel norms around the globe and become the worlds best airline. AirAsia has gained an award winning and most low-cost airline in Asia. With a fleet of 72 aircraft, AirAsia flies to over 61 domestic and international destinations with 108 routes, and operates over 400 flights daily from centers in Malaysia, Thailand and Indonesia. AirAsia is a very successful low cost carrier. In a very short time, it became a market leader in the Asia region. AirAsias main base is the Low- Cost Carrier Terminal (LCCT) at Kuala Lumpur International Airport (KLIA). Through the corporate philosophy of Now Everyone Can Fly, AirAsia has become more popular and many people choosing Air Asia as their preferred choice of transport. AirAsia believes in the no-frills, hassle-free, low fare business concept can bring the business to very successful and feels that keeping costs low requires high efficiency in every part of the business. Apart from the principal activity of providing airline transportation service, AirAsia also involved in the courier service which consists of Delivery-to-Door (directly to the specific destination) and Airport-to-Airport two parts. The rates of such services are cheaper than other couriers by up to 50 percent lower price. It guarantees your courier with more value and savings. Customers can easily access to the service by just a few clicks in the AirAsias website. It is very convenient, efficient and cost saving. Besides, customers can easily track their consignment using the Google Maps. AA16a History of AirAsia AirAsia was established in 1993. Before 2001, AirAsia fail to sufficiently stimulate the market and attract enough passengers from Malaysia Airlines in order to establish its own niche market. On 2 December 2001, because of the failure of establishment, the airline was up to sale and purchased by Tony Fernandess company Tune Air Sdn Bhd. Tony Fernandes then enrolled some of the lending low-cost airline experts to restructure AirAsias business model. He invited some experts to join the executive team. In late 2001, AirAsia was re-launched in Malaysia as a trendy, no-frills operation with three B737 aircraft as a low-fare, low-cost domestic airline. In 2003, AirAsia has already become more attractive in its market demand, subsequently opened a second hub at Senai International Airport in Johor Bahru and launched its first international flight to Bangkok. After that, AirAsia started a Thai subsidiary, added Singapore itself to the destination list, and commenced flights to Indonesia. Airasia start to commence airline service in many other countries in the subsequent years. In the year 2006, Low Cost Carrier Terminal (LCCT) was established in Kuala Lumpur International Airport which cost the establishment fee of RM108 million which can handle 10 million passengers a year. After that, AirAsia has hedged 100% of its fuel requirements for the next three years, achieves an aircraft turnaround time of 25 minutes, and has a crew productivity level that is triple more than Malaysia Airlines. It achieves an average aircraft utilization rate of 13 hours per day. AirAsia is currently the largest single customer of the Airbus A320. The company has placed an order of 175 units of the same plane to service its routes and at least 50 of these A320 will be operational by 2013. On 27 December 2006, Air Asias CEO Tony Fernandes unveiled a five-year plan to further enhance its presence in Asia. In the plan, AirAsia will strengthen and enhance its route network by connecting all the existing cities in the region and expanding further into Indonesia, Southern China and India. Hence, with increase frequency and addition of new routes, AirAsia expects passenger volume to hit 18 million by the end of 2007. On 27 September 2008, AirAsia has on its list 106 new routes to be added to its current list of 60 over the next few years. The number of old routes discontinued has not been publicly disclosed. On 12 November 2008, AirAsia abolished fuel surcharges. In doing so, it claimed to be the first airline in the world to abolish fuel surcharges. By May 2008, the airline had flown 55 million cumulative passengers. In 2010, it has the worlds lowest costs for an airline, at the rate of below 2 cents per seat per kilometer. AA01a AirAsia SWOT analysis SWOT analysis is the combined analysis which examines the Strengths, Weaknesses, Opportunities and Threats of one company. It is a very important analysis in a company because it can identify the internal (strength and weakness) and external (opportunities and threats) factor for a company in order to achieve their goals and objectives hence to be low cost carrier company in airline industry. To be successful in the company management, a company needs to consider the companys ability and how to integrate it with internal and external factor. Main purpose of the analysis is to identify the internal and external factor that AirAsia need to consider for low cost carrier in airplane industry. Strengths The primary strength of AirAsia is the low cost leader in Asia. The strength of AirAsia is to maintain low cost; whereby they dont have to provide benefits to their workers, but still can maintain the best quality of their fleet. AirAsia has successfully created a low-cost airline mentality among their workforce. The workforce is very flexible and high committed in making AirAsia the lowest cost airline in Asia. AirAsia reduce its cost by attaining efficiency in every part of the business and maintaining simplicity. Therefore every system process must incorporate the best industry practices. The first thing for the low cost apply is the time concept. Time is money. An airline makes money when the aircraft is flying, not when the aircraft is parked.  In order to maintain low cost, AirAsia must consider of high aircraft utilization (which keep the aircraft flying as much as possible) to minimize the time spending on the ground. Secondly, no frills is the factor to achieve low cost. AirAsia only provide those necessities for their customer and reduce the unnecessary cost to be incurred in the fare of airline. For instance, The Company do not provide free food beverages, free seating, ticketless airline are all the activities excluded in order to achieve a more competitive price by wasting money on insignificant services. On the other hand, streamline operations that allow the process making as simple as possible is the key of a successful low cost carrier. The second strength of AirAsia is the excellent utilization of Information Technology (IT). The Low Cost Carrier (LCC) is expected to expand rapidly by attracting more customers to join the market thus increasing the degree of rivalry within the industry. The excellent utilization of IT have directly contributed to their promotional activities, brand building exercise as well keep the cost low by enabling direct purchase of tickets by consumer thus saving on airline agent fees. AirAsia was recognized for being the first airline in the world to introduce SMS and IVR booking solutions to its guests to expand its booking system. AirAsia widely utilizes the internet as a booking and payment channel has kept them to be the leading airline company in Asia. Its comprehensive website at (www. airasia.com), allows guest to book and pay for seats, check flight schedules, and acquire information about the airline. The website is so popular, that approximately 45% of AirAsias business is done th rough internet sales. AirAsia became the first airline in the world to offer a multi-lingual website that comes in 6 languages English, Bahasa Malaysia, Mandarin, Tamil, Thai, and now Bahasa Indonesia. This is also one of the advantages of the company as the website is user friendly as well as enabling company to focus on different market segment especially countries in Asia. On the other hand, the management team of AirAsia is also very good in strategy formulation and execution. This is no doubt a crucial strength for Airasia as company strategy is the core element of a business. To be successful in their long terms objective and their business, AirAsia need to identify their strategic management. Company can easily achieve their vision and mission base on the good management. With good management, company is required to be considered of its ability. The ability of the company can be integrated by the SWOT analysis. Airline industry is a unique and complex industry, thus without a good and right management, its possible that AirAsia could not be able to compete with the complex business environment. AirAsia has a strong management team instead of just a general management. The simply general management involved in the major four functions of planning, organizing, leading and controlling may not be sufficient to support the whole organization. It is more concern in the management internally but rather creating competitiveness. The strategy that management team of AirAsia have formulated was a combined of several proven strategies by other low cost airlines. The strategies included Ryanairs Operational Strategy which emphasis on no frill and landing in secondary air port is a good starting point for the organisation. Other strategies like Southwests People Strategy focus mainly on employee while Easyjets Branding strategy is an excellent idea by linking the organization with other service providers like hotels, car rental and etc. Weaknesses The second part of the internal factor of SWOT analysis is the weaknesses. The main weakness of AirAsia is that they do not have their own maintenance, repair and overhaul (MRO) facility. Why AirAsia need maintenance, repair and overhaul facility? It is because since AirAsia is expanding to a huge company and they have huge number of planes need to be serviced in order to ensure the safety of the customer. The lack of own maintenance teams may lead some problems such as renewing contract, misunderstanding of the contact, lack communication, poor quality and delayed services amongst others. On the other hand, they also may not drive the same standards and mission that drives by AirAsia and there is a risk that the confidentiality may be compromised. Thus, without a proper MRO facility, it will affect the productivity and performance of the company causing a hindrance to the road of success of AirAsia. The second weakness of AirAsia is that AirAsia has received a lot of complaint from customers on their service. For examples, flight delays, being charged for more and not able to change flight or get a refund if customers could not make it. Customers are the main source of income for an enterprise especially when it involves services, it is crucial that Airasia set their priority on customers by having the concept of customer first. To maintain a good customer service is essential when competition is getting intense nowadays. When a customer feel unhappy with the services provided to them, it may distort company brand name besides presenting a negative and undesirable image to not only a single customer but a number of them when they are being acknowledge and influent by negative feedbacks through unsatisfied customer. Therefore it is significant for AirAsia to be serious on considering customer complaints and utilized them to improve their services. After reviewing the strengths and weaknesses of AirAsia, we must also consider the external factor of SWOT analysis which is opportunities and threats of Airasia in market place. Opportunities The opportunity of AirAsia is depend on the ever-increasing oil price. The increase of service cost or production cost is the most undesirable result which will decrease the overall return earning of their company. However, the increasing oil price has become another opportunity for AirAsia instead of bringing threat to the company. It is mainly because AirAsia has been emphasized in the low cost strategy and being a low cost leader, although the extra cost of the increase oil price will bring disadvantages to AirAsia, this effect will not be a huge impact to AirAsia, its cost will still be the lowest among all the regional airlines as other airline company also facing the same problem. Thus, AirAsia has a great opportunity to capture some of the existing customers of full service airline and other low cost airlines customers as well. Thus, this opportunity creates a winning position for Airasia when it is a threat for other airline company. Secondly, the ASEAN Open Skies agreement that has been reached is another opportunity for AirAsia. Open Skies is an international policy concept which calls for the liberalization of rules and regulations on international aviation industry especially commercial aviation. ASEAN Open Skies allow unlimited flights among ASEANs regional air carriers beginning December 2008; it allows AirAsia adding Singapore routes which has proven to be high yielding and is expected to deliver sustained profit. This will definitely increase the competition among the regional airlines. Moreover, AirAsia stands at the gate of profitable opportunities, their recent developments and intended expansions will give them a global exposition. As they venture into internet booking and ticketless services for their marketing processes, they would be opened to electronic commerce business solutions for their enterprise, such as SCM, ERP, and EDI etc. Furthermore, the use of internet services for their services would open more opportunities for AirAsia in the process of solving network, communication, and information related problems that could be inherent in the organization. The population of Asian middle class is reaching almost 700 million by 2010 can also creates a larger market and a huge opportunity for all low cost airlines in this region including AirAsia. You can imagine that more and more people would be willing to travel by air; it would bring advantages to AirAsia, however, as well as other company. Threats AirAsia take advantages of lower landing fees at low cost terminal, which is also without airport lounges charges. They also provide E-ticket rather than printed ticket to customer which is cheaper. However, due to the certain rates like airport departure, security charges and landing charges are beyond the control of airline operators, this is a threat to all airlines especially low cost airlines that tries to keep their cost as low as possible. For example, Changi airport in Singapore charges SGD21 for every person who departs from Singapore. This is an extra cost that is compulsory to pay. Different airport charges differently and this might lead to extra uncertain cost for AirAsia. Another threat would be security of their networks. As mentioned above, Airasia is highly depending on their information technology and information system used. For example online booking, customer information and details kept in system may be risky when the security of the networks is susceptible. This will put the company at risk to bear the enormous loss when the information system is being destroyed. The internet is a public domain and as such it is vulnerable to be attacked by hackers or viruses, AirAsia ought to be conscious of these threats and have proper plans and control to prevent any of these to happen. Owning to the facts that most organization are struggling for survival, major players may enter targeted market segment which is profitable. Alternatively, Market segments growth could attract major competition. This will create another threat for AirAsia. AirAsias profit margin is about 30% and this has also already attracted many competitors. Some of the full service airlines have or planning to create a low cost subsidiary to compete directly with AirAsia. For example, Singapore Airlines has created a low cost carrier such as Tiger Airways which is one of their business strategies to gain market value and compete with low cost airline. Therefore it is vital for Airasia to maintain competitive among the rival by upgrading their services consistently. Users perception that high budget airlines may compromise their safety, thus to keep costs low is another threat to AirAsia. AirAsia must have high-quality planning in order to provide customers first-class airline service by ensuring their safety and comforts with an affordable price. AirAsia needs to aware of the market demands and policies for local territories, because economic slowdown could reduce demand for AirAsia. Local Airlines would have easy access to certain information that could aid them; therefore, AirAsia needs to be on constant market audit, market researches and control to keep up with such competition. In conclusion, Swot analysis is a very effective way of identifying strengths and weaknesses, and of  examining the opportunities and threats one tends to face. Carrying out an analysis using  the SWOT framework helps AirAsia to focus activities into areas where one is strong and where  the greatest opportunities lie. SWOT analysis from AirAsia is one of the major components to strengthen the business and allow them to be able to compete with the competitor by possessing a firm position in low cost carrier airline industry. Porters Five Forces Model Power of suppliers In every business industry, suppliers always exist. Power of the suppliers is important as it will affect the industry. Suppliers supply inputs in order to produce goods or services to the customers. Inputs can be referred to raw materials, services such as expertise, components, and labor which are essential to run the firm or to power up the company. In the airline industry, the suppliers are quite influential since there are only two major suppliers which are Airbus and Boeing. Hence there are not many choices for airline industry. Nevertheless, the global economic crisis has limited the new entrant and also reducing the upgrade of planes in the immediate future.    However, both suppliers provide almost same standard aircrafts and hence the switching to AirAsia is low. Moreover, AirAsia placed a large amount of order from Airbus in order to accommodate the heavy demand from the public on its reasonable flights. AirAsia have no problem acquiring airplane from their supplier, AirBus because AirAsia is mainly an AirBuss airplanes user. Its rival, MAS whereas is mainly a Boeings airplanes user. Power of buyers. Besides the compulsory existence of suppliers, buyers are also necessary in the business industry. This is because they are the prerequisite for the company to keep running. Buyers who are also recognizes as the stakeholders are people who demand goods and services from the firm. This tells us that buyer tends to hold bargaining power and this pressurizes firms. Price changes can be sensitive in the competitive market and the consequence might cause firms to lose or gain in revenue. In our case, buyers demand reasonable and affordable flight price from AirAsia. Years after this airlines been incorporated, it successfully satisfy the buyers bargaining power for flights at a low fare by introducing campaign such as Mind Blowing Fair, New Year Sale, 500,000 Free Seats and the latest with Fabulous Fly-Day. AirAsia is first to introduce ticket-less traveling, are nearly accomplish. In this industry, buyers have no bargaining power on price of fare like those in a morning market. In fact, they are often offered cheap fare flight on limited period such Every Friday, 11am-4pm. AirAsia adopted an information technology (IT) similarly to other airlines which called Yield Management System (YMS). Even though this system has affected the price of fare, but it is able to achieve fairness in business to the customers and the firms. As an example, a reservation done at a later date will be charged more than the one done earlier for the same seat. This is to provide advantage in term of lower price for the customers who had put efforts in buying fares earlier. Moreover, high demanded routes or destination tends to be more expensive compare to destinations which are less active. By doing so, AirAsia would be able to cope with total seats demanded by the customers. If price of fares are the same overall, AirAsia would unable to earn from flights which are less popular. The intensity of competitive rivalry The word intensity means the pressure or amount of forces being applied. Thus, this Porters force talks about how competitive are the firms or companies in the business market. In this competitive market, many firms often fall due to their incapability to cope with competitive pressure from the rivals. Those firms will end up losing more than their cost of input or eventually strive into other markets. In order to survive in a competitive market, firm must not fall into dilemma when it comes to advertising, invest in research and development(RD), innovate new yet efficient product and up to date with latest technology. This is because those efforts by least can provide the firm competitive advantages in the market. In Malaysia, there are only two main airlines companies which are operating and dominating in the countrys market, apart from other foreign airlines company. They are AirAsia and Malaysia Airlines (MAS). Firefly is actually a wholly owned airline by MAS. Both of these airlines have been rivals for at least a decade. Thus, it can be concluded that AirAsia is receiving high intensity of competitive pressure from MAS. MAS have always strived to provide comfortable and reasonable fare flights to compete with AirAsia. However, AirAsia is still capable to resist their pressure by providing customers with cheap fare tickets without losing the quality of their services. The main competitive advantage of AirAsia is low cost in providing services. For example, meals during flight are not provided which can save up the cost to provide foods and in return, reducing the cost of fare. Spaces in AirAsias airplanes are fully utilized so that the airplane is able to load more passengers in a single f light. This enables the company to earn more and making them capable to provide cheaper fare flight. AirAsia through its designated system provide customers a comfortable service in booking the flights through internet and mobile. Customers can surf mobile.airasia.com to book flight using mobile or http://www.airasia.com using the internet. Their systematic online electronic ticket ordering process enables them to even cope with mass booking by the customers during day and night. The diagram explains how the system works and notify why the errors are kept to the minimum. It is a computer reservation system (CRM) powered by Navitaires Open Skies technology that includes Internet, call center, and airport departure control functionality. This system has greatly assist AirAsia in achieving success. Even Tony Fernandes, CEO, AirAsia agrees: Navitaires Open Skies technology has truly enabled AirAsias growth from 2 million passengers to 7.7 million passengers in less than two years. Open Skies scaled easily to accommodate our growth. However, I would strongly declare that even though AirAsia indeed is receiving competitive pressure from MAS but, the market or industry itself is not competitive as both of them have already dominate their respective market segments. Threat of New Entrants Barriers to entry are designed to block the way of potential and new entrants from entering a market profitably and to compete with the existing firms. Capital requirements, economy of scale, product differentiation, government and legal barriers are some of the examples of barriers for a new entrant. New entrants to a business will bring a brand new capacity and a desire to gain market share this will apply pressure on prices, costs, and the rate of investment. There is always an underlying pressure for response and alteration for the existing players in a business when there is a new entrance. The competition in a business will be high if it is easy for other companies to enter to this business. As we know the biggest barrier for a new player to enter any business especially airline industry is the cost of entry. Airline industry is a business that requires huge and large investment. Thus, AirAsia has a low threat of new entrants because the airline industry is so saturated that there is barely space for a newcomer even to squeeze its way in. Cost of buying and leasing aircrafts, safety and security measures, customer service, research and development, high manpower and technologies causes the airline industry to become one of the most expensive industries in the world. In this world of today, every primary activity is carried on by specific information technologies especially for business like airline industry. It is extremely costly for a business to implement these information technologies systems. So, this is another barrier for the new players to enter to certain business. For instance, Advanced Planning and Scheduling System (APS) are significant in aviation business. It is costly for a company to implement this system but without implementing and employing the system, no airline as well as AirAsia can run their business smoothly. Air Asia requires APS system to maintain their customers loyalty because APS system is competent in optimizing operational planning and scheduling which enable Air Asia to create new source of cost advantages. As a result, this shows that Air Asia has a high threat of new entrants since those systems are costly to implement. Brand name of existing airlines and frequent fliers point are other barriers to entry. It is really difficult to decoy consumers out of their existing favorite brands. Somehow, an airline with a strong recognition can maintains old customers and lures new customers even though its prices are higher. How does Air Asia do it? Information Technologies (IT) is one of the major that enables Air Asia to offer their customers in lowest possible prices. All airlines industry competes on costs. To maintain and to improve in the current market position as well as new market, AirAsia has implemented the Low Cost Carrier System (LCC) in order to continuously searching for cost advantages. AirAsia has successfully positioned their simple but strong slogan Now Everyone Can Fly in their customers mind by offering lowest possible prices. Lowest possible prices lead to increase in their profit. Its net profit for the second quarter ending 31 December 2004 was reported RM44.4 million, a 322% increase over the previous quarter (AirAsia, 2005). This again shows AirAsia has a high threat for new entrants to enter. Threat of New Substitute Threat of new substitute means the availability of a product that the customer can purchased rather than the industrys product. In other words, substitute product is an alternative of products that offers by other firms that have similar benefits or functions. Profitability of an industry will be affected by the availability of substitutes because customers have the choice to choose. A number of factors such as consumer switching costs, prices and quality of substitute products will determine the presence of threat in this aspect. For local airlines, the threat of substitutes face by AirAsia might be a bit higher than international carriers. Substitutes for air travel to the desired location in a local country include train, car or bus yet time, money, personal preferences and convenience will determining ones decision. Although airlines travel maybe a slightly expensive than by bus or car, the time taken is much faster. Since AirAsia has implemented Low Cost Carrier System which can offers customers in lowest possible price has lead to most of the customers switch to AirAsia as the switching costs is low. AirAsia faced a low threat substitutes for international carriers since there is a low threat of new entrants. Besides, most of the customers choose to travel by air since traveling through air save times. However, in the worldwide market, AirAsia still needs to compete with many existing players such as Cathay Pacific and Japan Airlines. Nevertheless, AirAsia builds and maintains its competitive advantage by offering services at a price that is basically lesser than competitors prices. Above and beyond AirAsia has become the first airline that executed ticketless travelling among its competitors by using computer reservations system. Computer reservation system is a programmed and computerized system that used to store and retrieves information and perform transaction associated to air travel. This assisted AirAsia to perform operation effectively and efficiently. ERP, SCM, CRM In todays globalize economy, information technology (IT) has driven fundamental changes in the nature and application of technology in business. Cross-functional system is the third era of information system, coming after calculation system and functional system. What exactly is the purpose of the system? What benefits will organizations obtain after implementing the system? These questions are so frequently asked that some companies even gave up on executing the cross-functional system as it involves coordinating activities across multiple departments and require workers to comprehensively change the way they used to work. However, cross-functional system will be extremely beneficial if it is applied in the correct manner. A successful application of cross-functional systems is dependent on two factors, people issues and technological issues. People issues include corporate culture, work units and individual decision makers. The important factor in corporate cultures and work units is no doubt cooperation, only by working together managers are able to share information through the system. For efficient decision making, useless or incorrect information in cross-functional systems must also be prevented. Technological issues on the other hand, include information system (IS) elements. Management must compare the advantages of using information system elements such as inputs, processors and outputs with the costs involved. There are plenty of examples regarding cross-functional system, but Supply Chain Management (SCM), Enterprise Resource Planning (ERP), and Customer Relationship Management (CRM) are the 3 types of enterprise system going to be discussed. Supply Chain Management (SCM) is the current trend in most of the organization, where SCM is define as a set of synchronized decisions and activities utilized to efficiently integrate suppliers, warehouses, transporters, retailers, and customers so that the right product or services is distributed at the right quantities, to the right location and at the right time in order to satisfy customers high demand and minimize any unnecessary cost occurred. SCM core objective is to improve customer service by eliminating waste from the system in all types of form including wasted time. Being able to eliminated wasted time allows the coordination of business processes to be speeded up. Commonly, supply chain contains three flows that organizations need to take into account. First is the material flow, where all physical products including the end-products, raw material and so forth flow along the chain. Information flow consist of all types of data including demand, supply shipment, orders and all sort of information that are required in the supply chain. Lastly is financial flow, involving all transfer of money, payment and credit related data which is vital in the supply chain. On the other hand, a companys supply chain is complicated because it might involve hundreds and even tho

A Walk towards Conservation: Waste will Never be the Answer :: Essays Papers

A Walk towards Conservation: Waste will Never be the Answer It was a hot summer Sunday morning, a little less than twelve years ago, when my family walked (though my sisters and I did this begrudgingly) home from church. When we finally reached our house, not but a mere five blocks away, we each had one thought on our minds, breakfast. While one of us emptied the dishwasher, and another began to set the table, the other would help my mom prepare the eggs. And as this almost habitual process unraveled, a large aluminum bowl, not far from the stove, would begin to fill with the remains and peels of uncooked fruits and vegetables, egg shells, and coffee grinds. And so this was the one last culminating and thoughtless chore. One lucky daughter had the fortunate honor of delivering the remnants of that aluminum bowl to the large, beautiful, and unidentifiable mound of composting materials in the backyard. And through the practicing of such behaviors as the recycling of such waste, being trained not to hold open the refrigerator door in such a sloth-like manner, and learning to turn off the lights, I suppose I have always cared for the environment. At a very young age I learned to recognize that even egg shells can be used for cultivating gardens and that waste is bad. I have my Birkenstocks, and listen to activism laden music, and debate global environmental issues with my wonderfully (and I don’t say this sarcastically) conservative roommate. But do I honestly actually do anything for the environment? Not really, which is what prompted me to intentionally use higher education as an opportunity to seek information, on the so called â€Å"environmental problems,† that ominously hover over our society. First semester, freshman year, I took EGEE 102, Energy Conservation for Environmental Protection. Under the sincere guidance of Professor Sarma Pisupati, I learned about methods of conserving energy through the use of energy efficient devices and appliances in the home (ranging anywhere from efficient lighting to my favorite, geothermal heat pumps, a wondrous source of clean and free energy). I learned that the production of energy through means of burning coal and oil release such greenhouse gasses as carbon dioxide.

Dr. Sarvepalli Radhakrishnan: The Great Teacher Essay

5 September is celebrated as TEACHER’S DAY in India. Different countries celebrate the ocassion on different dates like 11 September in Argentina, 15 October in Brazil as Teacher Appreciation Day etc. UNESCO recognises October 5 as World Teacher’s Day. Teacher’s day is a day to honour our teachers and thank them for all that they have done for us in our educational lives. Specially 5 September is the birth day of India’s 2nd President as well as great philosopher cum teacher Dr. Sarvepalli Radhakrishnan. One of India’s most influential scholars of comparative religion and philosophy, Radhakrishnan built a bridge between the East and the West by showing how the philosophical systems of each tradition are comprehensible within the terms of the other. He wrote authoritative exegeses of India’s religious and philosophical literature for the English-speaking world. His academic appointments included the King George V Chair of Mental and Moral Scie nce at the University of Calcutta (1921–1932) and Spalding Professor of Eastern Religion and Ethics at Oxford University (1936–1952). Radhakrishnan was awarded the Bharat Ratna, the highest civilian award in India, in 1954. Among the many other honors he received were the British Knight Bachelor in 1931 and the commonwealth Order of Merit (1963), but ceased to use the title â€Å"Sir† after India attained independence. His birthday is celebrated in India as Teachers’ Day on 5 September. He was also awarded the Templeton Prize in 1975 in recognition of the fact that â€Å"his accessible writings underscored his country’s religious heritage and sought to convey a universal reality of God that embraced love and wisdom for all people†. In April 1909, Sarvepalli Radhakrishnan was appointed to the Department of Philosophy at the Madras Presidency College. Thereafter, in 1918, he was selected as Professor of Philosophy by the University of Mysore, where he taught at its Maharaja’s College, Mysore. By that time he had written many articles for journals of repute like The Quest, Journal of Philosophy and the International Journal of Ethics. He also completed his first book, The Philosophy of Rabindranath Tagore. He believed Tagore’s philosophy to be the â€Å"genuine manifestation of the Indian spirit†. His second book, The Reign of Religion in Contemporary Philosophy was published in 1920. In 1921 he was appointed as a professor in philosophy to occupy the King George V Chair of Mental and Moral Science at the University of Calcutta. He represented the University of Calcutta at the Congress of the Universities of the British Empire in June 1926 and the  International Congress of Philosophy at Harvard University in September 1926. Another important academic event during this period was the invitation to deliver the Hibbert Lecture on the ideals of life which he delivered at Harris Manchester College, Oxford in 1929 and which was subsequently published in book form as An Idealist View of Life. In 1929 Radhakrishnan was invited to take the post vacated by Principal J. Estlin Carpenter at Harris Manchester College. This gave him the opportunity to lecture to the students of the University of Oxford on Comparative Religion. For his services to education he was knighted by George V in the June 1931 Birthday Honours, and formally invested with his honour by the Governor-General of India, the Earl of Willingdon, in April 1932. However, he ceased to use the title after Indian independence, preferring instead his academic title of ‘Doctor’. He was the Vice-Chancellor of Andhra University from 1931 to 1936. In 1936 Radhakrishnan was named Spalding Professor of Eastern Religions and Ethics at the University of Oxford, and was elected a Fellow of All Souls College. In 1939 Pt. Madan Mohan Malaviya invited him to succeed him as the Vice-Chancellor of Banaras Hindu University (BHU). He served as its Vice-Chancellor till January 1948. When India became independent in 1947, Radhakrishnan represented India at UNESCO (1946–52) and was later Ambassador of India to the Soviet Union, from 1949 to 1952. He was also elected to the Constituent Assembly of India. Radhakrishnan was elected as the first Vice President of India in 1952. He was elected as the second President of India (1962–1967). When he became President, some of his students and friends requested him to allow them to celebrate his birthday, 5 September. He replied, â€Å"Instead of celebrating my birthday, it would be my proud privilege if 5 September is observed as Teachers’ Day.† Since the time we have been civilised education has become part of our life and after the parents in home our teachers in school ,colleges take care of us. They are emotionally attached to us. It is our prime duty to obey them with great gratitude. Not only one day in a year; but also in each moment we should behave gently and respect our teachers. Teachers also should follow the ideals of great teacher Radhakrishnan. A good teacher is one who is always ready to share his knowledge to his disciple with love and like a frie nd.

Who Made the Mistake

NAME: ZEENAT AMEEN MOHAMMED ID NO: 7401 COURSE NAME: CROSS CULTURAL COMMUNICATION TOPIC: WHO MADE A SERIOUS MISTAKE? LECTURER: DR. SHARON CASE STUDY: WHO MADE A SERIOUS MISTAKE? 3. 1IDENTIFYING THE FACTS OF THE CASE: The facts of the case are: * Jean safari was investigating a serious error made by a Japanese worker at the Japanese subsidiary of a US multinational. * A component had been inserted upside down, and the entire batch has been pulled out of production to be reworked. * The cost of repairing is on the high side. * The director claimed not to know who was responsible for the damage. The group did not tell him the specific woman involved. * The whole group has accepted responsibility of the event. * The woman concerned tried to resign from work but her coworkers coax her back again, the groups is aware that she is new and they did not help her enough or look out for her or see that she was properly trained. * The entire group decided to take responsibility and apologize to j ean. 3. 2 STATING THE PROBLEM The problem in this case is that Jean needs to find the culprit who fixed the component upside down. 3. 3 SETTING THE OBJECTIVESThe objectives of this case are to find out the culprit and for the culprit to be punished in order to avoid future reputation of the same event. 3. 4 IDENTIFYING THE AREAS OF CONSIDERATION IN THIS CASE The problem in this case is that jean wants to know the culprit in order for her to punish the person involved to avoid any similar case in the future, but the plant manager regards this as not important if the culprit has realized her mistake, but on the other hand, Jean Safari thinks its important for her to find out the person, and take an action against her.Jean Safari is a UNIVERSALIST and believes in INDIVIDUALISM also meaning she is concerned about the rules of the firm and the person involved should be punished individually, but the plant manager and the remaining workers are PARTICULARIST and they believe in COMMUNATALI SM, they believe in the relationship they have with one another and they work as a group which makes them COMMUNTALIST in nature.UNIVERSALIST: In Universalist culture, the rules apply equally to the whole †universe† of members, regardless of relationships General rules, codes, values and standards †What is good and right can be defined and always applied† In a Universal society such as the U. S. , rules and contracts are developed which can apply in any situation. There is a belief that what is good or true can be discovered, defined, and applied to every situation.Because of their Universalist approach, in a business situation Americans will want to rely on a contract to communicate the terms of an agreement and to define the relationship between the parties. PARTICULARISM: Particularism is based on logic of the heart and human friendship. China is a particularistic culture where people look at relationships and circumstances in a specific situation to decid e what is right. For the Chinese, the legal contract communicates a starting point for an agreement. As circumstances change so too should the terms of the agreement.For the Chinese, the situation and the particular individuals involved are what define relationship. INDIVIDUALISM: Individualism is a theory maintaining the political and economic independence of the individual and stressing individual initiative, action, and interests also conduct or practice guided by such a theory. Individualism places great value on self-reliance, on privacy, and on mutual respect. Negatively, it embraces opposition to authority and to all manner of controls over the individual, especially when exercised by the state.As a theory of human nature, individualism holds that the interests of the normal adult are best served by allowing him maximum freedom and responsibility for choosing his objectives and the means for obtaining them. COMMUNATALISM: Communitarianism is an ideology that emphasizes the co nnection between the individual and the community. That community may be the family unit, but it can also be understood in a far wider sense of personal interaction, of geographical location, or of shared history. 3. 5 PROPOSING THREE ALTERNATIVE COURSE OF ACTIONS ST ALTERNATIVE: The first alternative would be to use PUNISHMENT (SUSPENSION) because if the culprit is being suspended from work he would not be paid for those days that he wont be around because it would be considered he is not working for the main time he would not be around this would help in disciplining of other workers in the organization and it would avoid further mistakes and lack of concentration and new employees would be watched thoroughly and all the existing workers would help the new ones and get them on track to do the new job. nd ALTERNATIVE: The second alternative could be CONSIDERATION, the culprit could be considered so as to allow the worker with the impression he would not repeat the same mistake agai n.The advantage of this is the worker would be happy to work in the firm knowing that the firm considered him and this also would motivate him/her and other coworkers but also consideration might also have a negative effect, if the workers know that they are always considered when they make a mistake every worker would make a mistake and would expect to be considered employees will develop a sense of rebellion in response to punishment rather than seeing it as a deterrent to a particular activity. rd ALTERNATIVE: The third alternative should be WARNING a culprit could be seriously warned not to attempt doing such offence again and if he repeats it a serious action would be taken against him/her I this way the culprits and the other co workers would be very careful in their dealings in the firm, the disadvantage of this might be, some workers would not adhere to the rules and regulations of the firm knowing that the highest thing that can happen would be a warning letter. 3. 6 CHOOSI NG AND RECOMMENDING THE BEST SOLUTIONThe best solution to this case is WARNING and SUSPENSION because if the culprit is warned she would not repeat such offence again in future since it would be clearly stated that if the offence is done again a serious action would be taken, if the culprit is punished this would make other workers scared and some might even leave the organization which would be at the risk of the organization in general, and also if the worker is suspended this would bring a huge difference in the attitude of workers in the organization since they know that a serious action would be taken against them therefore they would be more careful when they are doing the job.BIBLIOGRAPHY bukchin, m. (2012, october 25). http://www. via-web. de/universalism-versus-particularism/. Retrieved march 22, 2013, from http://www. via-web. de/universalism-versus-particularism/: http://www. via-web. de/universalism-versus-particularism/ media, d. (2012, september 5). http://www. meez. c om/community. dm? furl=http%3A//forums. meez. com/forums/serious-topics/6221608-individualism-vs-communalism. html. Retrieved march 22, 2013, from http://www. meez. com/community. dm? furl=http%3A//forums. meez. com/forums/serious-topics/6221608-individualism-vs-communalism. html: http://www. meez. com/community. dm? furl=http%3A//forums. meez. om/forums/serious-topics/6221608-individualism-vs-communalism. html mitchel, c. (2011, august 6). http://www. theaustralian. com. au/national-affairs/opinion/individualism-versus-communalism/story-e6frgd0x-1226109346928. Retrieved march 22, 2013, from http://www. theaustralian. com. au/national-affairs/opinion/individualism-versus-communalism/story-e6frgd0x-1226109346928: http://www. theaustralian. com. au/national-affairs/opinion/individualism-versus-communalism/story-e6frgd0x-1226109346928 webstar, m. (2013, february 3). http://www. merriam-webster. com/dictionary/particularism. Retrieved march 22, 2013, from http://www. merriam-webster. co m/dictionary/particularism:

A Study On Zero Tolerance Policy Social Policy Essays

A Study On Zero Tolerance Policy Social Policy Essays A Study On Zero Tolerance Policy Social Policy Essay A Study On Zero Tolerance Policy Social Policy Essay Essay Topic: 6th Grade 7th Grade There are 100s if non 1000s of pupils in any given school. The sheer size and magnitude of the pupil population encompassed in these schools leads to complications of school safety. Zero tolerance is a policy which was brought about implementing school safety more steadfastly, and aimed to better protect pupils. However, the manner in which these pupils are protected is extremely problematic, doing the zero tolerance political orientation really controversial. Precisely which attack is most effectual in protecting a pupil, allow entirely, 1000s? Is strictness more effectual than lenience? Excessively rigorous policies aim to protect the bulk, nevertheless, independently punish those who have to cover with the wrath of nothing tolerance, those who violate the regulations. Excessively indulgent policies can take to awful events, nevertheless, give pupils a sense of ground, in bend making an apprehension of what they have done incorrect. In the long tally which method is most effectual in protecting pupils? These type of inquiries, along with the extra sum of questionable instances, compose a extremely controversial subject. The well being of a pupil is the individual most of import factor for public schools. No parent would of all time direct their kid to school if there was a high chance of force. For this ground there are people who favor zero tolerance. Domoine D. Rutledge, general advocate for the East Baton Rouge Parish School System in Louisiana, reports that zero tolerance policies have aided in making a civilization interior schools that certain things will non be tolerated, period. However, whether or non that policy is effectual relies on how reasonably it s enforced and how systematically it s enforced. He continues stating that: Schools territories have had to truly equilibrate the involvement of the whole school, the pupil organic structure, instructors and module. . . every bit good as the rights of single bad histrions. The ability to strike that balance, and to make it reasonably, more than likely influences the effectivity of the zero-tolerance policies. Whether or non zero tolerance is effectual brings about more argumentative stuff. Statistical informations studies a important bead in school homicides following the 1999 school hiting at Columbine High School in Littleton, Colorado strongly proposing, as Rutledge advocators, nothing tolerance has in fact led to safer schools for pupils. ( nces.ed.gov ) Kay S. Hymowitz, a contributing editor for a magazine published by the conservative Manhattan Institute, stated that, The apprehension of a brace of New Jersey 8-year-olds for indicating paper guns at schoolmates was merely the sort of episode that leads people to oppugn zero-tolerance policies. ( Bill itteri ) Statements such as those insinuate a footing of anti-zero tolerance and farther complicate the contention. However it must be noted that, It s non so easy to separate the cut-up from the wild-eyed stripling with a [ lethal ] program when lives are at interest, Hymowitz says. ( Billitteri ) How is one supposed to cognize the purposes of a giving state of affairs? While the general consensus will no doubtingly hold that a brace of 8-year-olds pose small to no menace, on the little opportunity of an event occurring, the inquiries of why were nt they stopped or how could you presume will undeniably be asked, and in this sense, it is without a uncertainty better to presume the ugly and stop up being incorrect, than to presume no injury and stop up with fatal effects . Hymowitz continues, saying that, Zero tolerance may be more symptom than remedy for the uneasy disciplinary clime of our schools. Certainly it s no concluding reply to out-of-control 5-year-olds or revenge- crazed adolescents. But as the menaces continue and the bombs and guns appear, it s all we ve got. ( Billitteri ) Bringing back the subject of effectivity, those with the get-tough attitude informant no cogent evidence of zero tolerance policies making a safer environment in schools. In fact, a decennary of research on such policies by the American Psychological Association have concluded that zero tolerance can really increase bad behaviour and besides lead to higher dropout rates. Schools are non any safer or more effectual in training kids than before these zero-tolerance policies were implemented, the association said. ( APA ) There is much argument environing zero tolerance, nevertheless, the existent jobs arise when nothing tolerance is set in gesture. The inquiry at manus to those who oppose zero tolerance falls into the legitimacy and equity of penalty. In Newark, Delaware a 6 twelvemonth old male child took a encampment utensil which can be used as a knife, fork and spoon to school. Naturally anyone can safely presume there is no injury, nevertheless, Zachary Christie received 45 yearss in the territory s reform school. ( Urbina ) In this instance, the well being of the pupils environing Christie is thrown out of the window and it comes down to its consistence in being enforced. The male child clearly had no purpose in doing injury, nevertheless, was treated as if he was. The lone ground he was apprehended as a felon was to put an illustration. Those who think to convey anything similar to school, be it a fork, a knife, or gun, will believe back to Christie and decided non to. While this incident might look like one of a sort, unluckily, it is far from that. Zachary Christie is non entirely, there are smatterings of instances wh ich bring approximately much contention over zero tolerance. During October of 1999 in Atlanta, Georgia a 15 twelvemonth old South Cobb High School sophomore brought an unloaded gun to school. When school functionaries found the gun in his back pack he was instantly and for good expelled from the school territory. ( Skiba 3 ) A 6th grader at Whitman Middle School in Seattle, Washington brought a pip-squeak gun, painted black and brown to school during September of 1999. He was expelled after the gun fell out of his book bag during tiffin. ( Skiba 4 ) David Silverstein, a 7th grader in Glendale, Arizona, motivated by the movie October Sky, brought a homemade projectile to school made out of a murphy bit case shot. Considered a arm, school functionaries suspended him upon reaching. ( Skiba 4 ) During May of 1999 in Pensacola, Florida a sophomore received a 10 twenty-four hours suspension and was threatened with ejection after lending her nail limiters to a friend temporarily. Quoted f rom the principal, Life goes on. You learn from your errors. We are urging ejection. ( Skiba 4 ) On the forenoon of a late June twenty-four hours in 1998 two high school seniors in Pinellas County, Florida arrived to school and were instantly expelled. School functionaries were tipped off that the male childs had skipped school and smoked marihuanas with some friends. A federal entreaties tribunal ruled against the territory, saying that the school had non even a shred of grounds that the two male childs were under the influence at school. ( Skiba 5 ) In February of 1999 in Ewing, New Jersey a fresher was accused of taking drugs and was asked to see the school nurse to look into his pulsation and blood force per unit area. His leery behaviour which forced this drug screen upon him was because he dozed off in his societal surveies category. The chief instantly suspended him after he refused to subject to a drug trial. Finally the male child was forced into taking a drug trial as the rule declined to readmit him until he had done so. ( Skiba 5 ) A sophomore at Westlake High School in February of 1999 was suspended for two full school hebdomads after he announced his Gallic instructor was non fluid in the linguistic communication during the school s forenoon proclamations. School functionaries considered the remark as a verbal onslaught against the instructor in an effort to warrant their actions. ( Skiba 6 ) These instances do nil but illustrate the negative facets of zero tolerance. However, one can see the statement for nothing tolerance as any farther actions were eliminated before they could happen. Even though, at what point are schools directing the incorrect message, and finally, when will this incorrect message be more damaging to pupils? Another subject of treatment is the message nothing tolerance sends to the pupils. Should the penalty fit the offense? Those in favour of zero tolerance tend to believe the lone manner to clear up right from incorrect is to purely implement school policies, and systematically implement them. While this without a uncertainty protects the pupils from possible menaces, at the same clip one can oppugn whether or non this besides sends a negative message. Punishing a pupil for a junior-grade error with sedate effects instills fear among the pupil population and scares them into conformance. This is non a message pupils should be having. Treating those like Zachary Christie, to utilize as an illustration, can negatively impact their mental wellness. It s much more hard for Christie to state right from incorrect, and in his head, he has non done anything incorrect, yet still received penalty. To Christie he got punished for nil, which will impact his psychological well-being unconstructivel y. How will he larn from his error and how will he look at other things in life now that he has been independently punished for such a little and guiltless act? He is 6 old ages old, he does non necessitate to travel through this. Another negative facet of nothing tolerance is that it hinders instruction. Students unnecessarily miss school to function their penalty which besides leads to future jobs. Julia Steiny, a former member of the Providence School Board, reported that a child [ pupil ] who s been suspended is statistically at high hazard of dropping out of school. ( Steiny ) Supporting zero tolerance, Kay S. Hymowitz, a contributing editor for a magazine published by the conservative Manhattan Institute, wrote that It s non so easy to separate the cut-up from the wild-eyed stripling with a [ lethal ] program when lives are at interest. ( Billitteri ) To school functionaries, the premise of swearing a pupil who has made a error, or is jesting about, is a much greater hazar d. One can non truly cognize the purposes of a given state of affairs, merely can one presume what is traveling on. To those who are pro-zero tolerance, safety comes foremost, no affair how complete. Zero tolerance is a really challenging subject merely because of the complexness behind it. Those in favour brand improbably obliging and persuasive statements. However on the impudent side, those who are against it do merely as valid statements. I believe there is excessively much information out at that place to be able to claim being on one utmost terminal of the spectrum, whether it s for or against zero tolerance. While to some extent zero tolerance is effectual, after traveling through the plethora sum of research, I finally believe zero tolerance is a hinderance and a negative facet on school safety. Not ended, but rethought I believe zero tolerance demands to travel through. While the nucleus thought behind it, safety for every pupil, sounds great on paper, in pattern, it has evidently failed. While there are non many, there are still several instances where little Acts of the Apostless have led to obscene penalties, wholly blown out of proportion. Another negative facet of n othing tolerance is that it sends the incorrect message to pupils. For these grounds, zero tolerance demands to stop in public schools, and needs to be rethought. Plants Cited American Psychological Association. Zero Tolerance Policies Are Not Equally Effective As Thought In Reducing Violence and Promoting Learning In School. APA Press Release. 9 Aug. 2006. Web. 10 Dec. 2009. A ; lt ; www.apa.org/releases/zerotolerance.html gt ; . Billitteri, Thomas J. Discipline in Schools. CQ Press Electronic Library. 15 Feb. 2008. Web. 23 Nov. 2009. A ; lt ; hypertext transfer protocol: //library.cqpress.com/cqresearcher/document.php? id=cqresrre2008021500 gt ; . Hymowitz, Kay S. Zero Tolerance Is Schools First Line of Defense. Manhattan Institute. Newsday, 18 Apr. 2001. Web. 10 Dec. 2009. A ; lt ; www.manhattan-institute.org gt ; . Indexs of School Crime and Safety: 2007 Executive Summary. National Center for Education Statistics ( NCES ) Home Page, a portion of the U.S. Department of Education. Dec. 2007. Web. 11 Dec. 2009. A ; lt ; hypertext transfer protocol: //nces.ed.gov/programs/crimeindicators/crimeindicators2007/ gt ; . Steiny, Julia. Julia Steiny: Zero-tolerance policies in schools need to stop. Rhode Island, Providence, intelligence, athleticss, amusement, ads | The Providence Journal. 31 Mar. 2009. Web. 23 Nov. 2009. A ; lt ; hypertext transfer protocol: //www.projo.com/opinion/columnists/content/edwatch_0531_05-31-09_HOEGMRG_v7.29f5eaa.html gt ; . Trump, Ken. Zero Tolerance and School Safety. School Safety and School Security Experts: National School Safety and Security Services. Web. 23 Nov. 2009. A ; lt ; hypertext transfer protocol: //www.schoolsecurity.org/trends/zero_tolerance.html gt ; . Skiba, Russell J. Zero Tolerance, Zero Evidence. Rep. Indiana University: Indiana Education Policy Center, 2009. Urbina, Ian. It s a Fork, It s a Spoon, It s a Weapon? The New York Times Interrupting News, World News A ; Multimedia. 11 Oct. 2009. Web. 23 Nov. 2009. A ; lt ; hypertext transfer protocol: //www.nytimes.com/2009/10/12/education/12discipline.html gt ; .

Adolecent Behavior In The School Environment Essays - Free Essays

Adolecent Behavior In The School Environment Essays - Free Essays Adolecent Behavior In The School Environment George Fischer Middle School is a large school and has students attending from six Putnam County towns and two Dutchess County towns. On the average, the graduating class has close to 500 students and the typical class has 32 students attending. The school has two cafeterias in order to accommodate it's large student population, one cafeteria to provide for fifth and sixth graders, and another for seventh and eighth graders. Interesting enough, the different classes do not attend lunch together, in other words, seventh and eighth graders do not attend lunch together nor fifth and sixth graders. Again I assume this is strictly do to the large population of this school. I entered the school at the start of the day, I considered this to be to my advantage, therefor not standing out so much among the huddles of people gathered outside the school building. It can be said that the students appearances varied somewhat, but a whole it remained within a certain unspoken code. The girls wore their hair long-shoulder length or longer, and had it tied back in a pony-tail or very straight. Some were in skirts (slightly above knee level)-all were either corduroy or floral material. Most of the girls though were in jeans and hip length sweaters and wore tennis-sneakers or the clunky type shoes which are all the fashion now. All the girls I saw wore earrings, mostly the small dangling type and often they had two holes pierced. Most of the girls wore make-up, mostly lipstick and eye-shadow, although it was not excessive. The boys all seemed to be in clothes that were least five sizes too big. It consisted primarily of one of these two clothing options: extra-large sweater overlapping a thermal-type shirt, with jeans that were just short of slipping to the ground or extra-large flannel overlapping a thermal-type shirt, with jeans that were just short of slipping to the ground. A close second to this dressing trend for boys was the sweater and jeans/sweater and khakis style, although nowhere near as prominent. Nearly all of the boys wore their hair short, most frequently with the back cut close to the nape of the neck and the top gelled. Some had earrings (both hoop and stud types were observed) and many wore neclaces-either choker chain or hemp styles. All of the boys seemed to be wearing sneakers of endless varieties, and most in the one-hundred dollar range. Aside from these primary gender fashions, there were those who differed. A few of the girls had short hair, a few of the boys grew the top of their hair long. Some of the kids were in clothing that seemed out-dated in comparison to their piers, and even had the appearance of being passe d down from an older sibling. For example, not being in this seasons color or style. There were also those students, primarily boys, that were in football or basketball jerseys or jackets that sported the schools name or mascott. I did note a few girls wearing a football jacket, incidentally with boys names on the front. It was easy to note from these observations that generally, clothing was an outward indicator to distinguish among the various social groups. The clothing the students wore was an immediate indication to various social groups, being that it is a visual observation. It can be said that this is a common factor even in the adult world, but not once did I note a poorly dressed student socializing with a student that was in an athletic jacket or a student that was fashion-forward. It was during the lunch period that I figured I could make distinctions among social groups most accurately At first entering the cafeteria, it was much as I remembered, even much like college. The volume was high and immediately I noticed the groups forming, again this is something which does extend into the later teens, and even into adulthood, but here I was observing a much more rigid standard. There didn't appear to be any casual socializing among different groups (except in one situation which I will mention). The first group I noticed was the jock group, I most likely noted

Ethical Relativism Essay Sample

Ethical Relativism Essay Sample Ethical Relativism Essay Relativism acknowledges that different points of view are valid in equal measures as individuals differ in their approach to truth. In ethics, relativism stipulates that moral beliefs tend to be relative. Thus, dependent on the individual or society. This theory indicates that there is no universal right or wrong, therefore, morality is subjective rather than objective as illustrated by the ethical objectivism. In light of this, this essay analyzes the two forms of ethical relativism- personal relativism and cultural relativism. Further, it looks at the arguments for and shortcomings of relativism. Morality is relative as different people uphold diverse beliefs on the same. For instance, eating pork is permissible in some societies while others like Islam detest such an act. In essence, morals change with time as per the evolving social norms of particular communities. The subjective relativism or personal ethical relativism attribute morality to individuals’ perception. In this case, a person has sovereignty over own thoughts, actions, and behavior. He/she dictates what is right or wrong. Cultural or conventional ethical relativism is another form of relativism that view morality being dependent on what society dictates to be wrong or right. According to this version, a person acts based on the values and norms of his community. In cultural relativism, a person’s will is subordinate the cultural majority‘s will. Nonetheless, a society’s definition of morality may still differ from another. In both subjective and conventional view, there is no standar d and objective form of morality. Arguments for ethical relativism Tolerance of differences: this is a pluralist position to morality which promotes diversity of opinions. Different cultures or people exhibit diverse moral beliefs that require tolerance as we might not subscribe to them. One’s view should not be superior to another’s point. Relativism bears a diversity of moral views. The differences in views create a complex and unique world with constant change and borrowing of ideas. The commonality in opinions would generate redundant societies. From diversity, innovation and creativity exist. Therefore, subjective moral beliefs occur and not objective moral truths. David Hume (1711-76) postulates that moral beliefs arise from emotions or sentiments and not reason. Situational differences also place different people and communities at divergent levels. Hence, implausible to have common moral principles for all persons. Moreover, ethical values arise from real-life interactions as per the circumstances. Shortcomings Critics of ethical relativism state that moral practices across societies may differ but the fundamental moral principles that underlie such practices should not. For instance, dress codes and local customs differ but aspects such as killing, political repression or torture remain governed by the universal moral standards thus wrong. To some extent, ethical relativism promotes social conformity. For instance, if a society believes that child marriage is morally permissible, a member of such a group must accept such practices as right. It hinders social change and improvement within a society. Diverting from such acts would be termed immoral. Disagreements may constitute objectivity on a view thus not merely the presence of subjectivity. Ethical relativism poses a self-contradictory approach as two mutually exclusive opinions would be both right. In addition, ethical relativism tends to promote outrageous practices like killings, rape or child abuse if they are perceived ‘right’ by standards of the concerned society. Hence, depriving the society the ability to initiate moral objections to counter such social vices. In conclusion, ethical relativism is promoting diversity of moral concepts. However, its relative approach poses several disadvantages calling for the need to uphold objectivity to some moral principles.

Powerpoint on Universal Studios Hollywood Park (see other instructions Presentation

On Universal Studios Hollywood Park (see other instructions ) - PowerPoint Presentation Example The company went to receivership and Standard successfully obtained only to lose it two decades later to the MCA (Sehlinger, & Testa, 2011). The company has since diversified to the international platform. The entertainment company serves almost all ages in the global society through the production of the most appropriate films that each age may deserve. The movies sell globally across different cultures and political systems because of its approach to customization to ensure that ethics are not contravened whatsoever (Sandler, 2008). The Universal studios based in Orlando which own a water park establishes the best local example the company’s entertainment approaches. The company ensures that entertainment services are the key to drawing visitors to its services which include hospitality services (Sehlinger, & Testa, 2011). The company’s management ensures advertisement throughout different geographic and demographic segmentations with precise emphasis of the benefits accruable from visiting the studios or using its products (Wallace, & Adams Media Corporation, 2004). These approaches target both local and international clients (Plunkett, 2007). The American based and one of the oldest entertainment production companies has its headquarters at Hollywood. However, over the last half a century, the company diversified accordingly to different markets in the United States of America, central Europe, and south East Asia (Enz, 2010). These effects date from the initial owner ship of the Laemmle’s family, to the receivership by Standard to the current ownership. The US authorities implement stringent approaches to regulating ownership and decision making processes of the media industry. Therefore, Universal studios fall under the acts thus; only 20% of the shares may be sold to the foreign investors, although the authorities may withhold such measures if the increased foreign investments shall benefit the indigenous

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The role of the local planning authority - Essay Example This crucial piece of infrastructure in this beach shack suburb will be finished with modern European finishes. Bamboo floorboards will be used for the flooring and morato marble will be used for the paneling and joinery. There will be a basement car park, finished in sandstone to accommodate all residents. The stylish architectural design and the rare beachfront location enables us as developers to offer the ultimate in beachfront living with the motto of 4 levels of elegance, and only 4 metres to the beach.There will be a 10 metre by 3 metre pool on the beachside of the site to accommodate for a more personal environment for the residents of the building. The facility will come with a small BBQ area allowing for a full functioning facility. The pool will be lined with black pebbles to attract the sun so there will be no need for heating. The rural site will have a house that will be purely for residential. Quality expectations: Goals were set to ensure that the quality of the proje ct in terms of product and process was not compromised.   Project planning was done with the consideration of the external environment which included technological changes, customers and competitors, suppliers, geographical location and climate; economic political and social settings The project was planned to run for two years. The stages involved were planning, programming, budgeting, design, construction documentation, bidding, construction, evaluation, testing and delivery.... The facility will come with a small BBQ area allowing for a full functioning facility. The pool will be lined with black pebbles to attract the sun so there will be no need for heating. Beautifully landscaped gardens High end European finishes 12 underground car parks with storage for each unit owner The rural site will have a house that will be purely for residential. Quality expectations: Goals were set to ensure that the quality of the project in terms of product and process was not compromised. Project planning was done with the consideration of the external environment which included technological changes, customers and competitors, suppliers, geographical location and climate; economic political and social settings The project was planned to run for two years. The stages involved were planning, programming, budgeting, design, construction documentation, bidding, construction, evaluation, testing and delivery. The main objective of the project was to come up with state-of-the-ar t apartments that could meet the need for quality living of the tenants. Quality control in construction mostly requires ensuring that the basic standards of workmanship and material have been complied with so that performance of the facility is in keeping with the given design. Such basic standards are outlined in the specifications provided for in the plan. In order to ensure conformity to the plans, statistical methods and random samples are mostly used as a measure to accept or reject materials and completed work. Rejection of batches of materials is done on the basis of non compliance or violation of the given specifications of design. An understood assumption in such conventional quality control

Consulting for Entertainment Weekly Case Study Example | Topics and Well Written Essays - 500 words

Consulting for Entertainment Weekly - Case Study Example Disney has the rights to â€Å"any other technology yet to be invented,† this includes the distribution of videocassettes of the Lady and the Tramp film in 1987. The company has also made clear that it was their practice not to allow profit participation deals for voice performers, as manifested by the testimonies of Jodi Bension (the voice of Ariel in The Little Mermaid) and Cheech Marin (voice performer in Oliver and Co.). As for the case of Ms. Peggy Lee, she is pressing the advantage that despite the contract’s specification on residual payments she is also pressing the right that the company violated her right to privacy, especially on the use of her name and likeness without her consent. The distribution of the 1987 videocassettes, with her voice used, is in her case a violation to her right to privacy. However, it must also be pointed out that she misinterpreted her claim that she is entitled to $9 million as of March 1988 videocassette sales of Lady and the Tramp. Lee misinterpreted the Income Statement and multiplied the $77 million sales to 12.5% residual payments Based from the evidences presented, it is clear that Disney has an edge in winning the case against Ms. Lee. The unauthorized commercial use of name, voice, signature, photograph or likeness is defined as the unknowing use of a person’s name, voice, etc. without such person’s permission. In this case, Ms. Lee permitted Disney to use her voice and talent when she agreed on working with the film back in 1955. The later release of the film in 1987 is not a violation of her right to privacy since her contract specified that Disney has rights to â€Å"any other technology yet to be invented† and that phonographic recordings later sold entitles her to residual rights. If this is the case, then Ms. Lee is only entitled to 12.5% of the profit generated by the videocassette release, which was capped (under union rules) to $381,000. If the future value of money is calculated, Disney would calculate

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

Extra Cridets - Essay Example Extra Credits was first viewed on The Escapist from 2010 to 2011. It was developed in 2008. This was the time when Floyd came up with two video presentations (Harris 118). The presentations were meant for media theory and respective art history classes. The classes were held at Savannah College, a school of art and design. The series of videos in Extra Credit are presented in a loosely modeled style. The director of the video, Floyd, makes use of pitch-shifting technique to come up with a unique and high-pitched voice. Portnow wrote the episode scripts for Extra Credits. Floyd then redefined the scripts for recording. Floyd also edited the video series. The show in Extra Credit is presented in a lecture hall style. The tone of the series in the film is humorous and light-hearted. However, the tone is also didactic since it is aimed at raising discussions on the major subject being presented. The shows in Extra Credit target game designers (Harris

Great Leader assignment Essay Example | Topics and Well Written Essays - 1000 words

Great Leader assignment - Essay Example Lincoln was idealistic yet practical. Abraham Lincoln’s great skills in leadership showed in all his endeavors even as a member of the House of Representatives. As a great leader, Abraham Lincoln showed pure resolve when he decided that America should free all the slaves and save the Union. In the same way that America’s Founding Fathers did almost a hundred years before his time, Lincoln made a decision to free the people once more. In 1837, even before becoming president, Lincoln had already made it clear that he was against slavery. In 1856, he even expressed opposition towards former President Franklin Pierce when the latter allowed Nebraska and Kansas to choose for themselves whether or not to adopt slavery. His led the opposition to slavery even when he was still a member of the House of Representatives. Moreover, despite his strong involvement in the slavery issue, Lincoln helped to pass bills that modernized the economy in the Pre-Civil War era, with bills that promoted the constructions of canals, banks and railroads, and those that regulated tariffs (â€Å"Abraham Lincoln,† Biography.com, 2014). Although Lincoln was fighting against slavery when he was still a Congressman, he knew he would be more useful if he applied himself to practical aspects of the economy such as infrastructure. As a leader, Lincoln had the resolve and determination. When he became President, Lincoln’s skills in leadership were put to a great test and one which he passed with the victory of the Union during the Civil War. Even at the expense of around 24,000 American soldiers, Lincoln’s leadership showed in his great moral resolve to free the slaves at any cost. The election of Jefferson Davis to the newly founded Confederacy was the blatant response of the South to Lincoln’s election to the presidency. Thus, in order not only to free the slaves but to save the Union and the integrity of

Aaudiences have been Researched in Terms of Media 'Effects' Essay

Aaudiences have been Researched in Terms of Media 'Effects' - Essay Example This essay stresses that  the existence and the development of the phenomenon on a continuous basis can be explained by the fact that media can influence the public view on all issues represented through them (social, cultural, political, financial even interpersonal); in this context, media is considered to be a valuable tool for all politicians, managers and every other part of the population that is interested to gain the trust of the public and influence its view regarding specific social and political events. Because of the importance of the media in daily social activities a series of theories has been stated regarding the potential interaction of media with personal and social life. On the other hand, appropriate empirical research has been conducted aiming to highlight the importance of the media for the development of public’s views on specific social and political issues.According to the paper findings  media can influence the development of public opinion on a v ariety of social, political, financial and commercial issues; however in order for such a target to be achieved it is necessary that appropriate preparation of the relevant schemes is taken place in advance; careful planning is required because it is possible that the whole effort is led to a different outcome.  The methods used by media for the development of specific public opinion is therefore of crucial importance regarding the response of the public to specific social and political events.

Great Leader assignment Essay Example | Topics and Well Written Essays - 1000 words

Great Leader assignment - Essay Example Lincoln was idealistic yet practical. Abraham Lincoln’s great skills in leadership showed in all his endeavors even as a member of the House of Representatives. As a great leader, Abraham Lincoln showed pure resolve when he decided that America should free all the slaves and save the Union. In the same way that America’s Founding Fathers did almost a hundred years before his time, Lincoln made a decision to free the people once more. In 1837, even before becoming president, Lincoln had already made it clear that he was against slavery. In 1856, he even expressed opposition towards former President Franklin Pierce when the latter allowed Nebraska and Kansas to choose for themselves whether or not to adopt slavery. His led the opposition to slavery even when he was still a member of the House of Representatives. Moreover, despite his strong involvement in the slavery issue, Lincoln helped to pass bills that modernized the economy in the Pre-Civil War era, with bills that promoted the constructions of canals, banks and railroads, and those that regulated tariffs (â€Å"Abraham Lincoln,† Biography.com, 2014). Although Lincoln was fighting against slavery when he was still a Congressman, he knew he would be more useful if he applied himself to practical aspects of the economy such as infrastructure. As a leader, Lincoln had the resolve and determination. When he became President, Lincoln’s skills in leadership were put to a great test and one which he passed with the victory of the Union during the Civil War. Even at the expense of around 24,000 American soldiers, Lincoln’s leadership showed in his great moral resolve to free the slaves at any cost. The election of Jefferson Davis to the newly founded Confederacy was the blatant response of the South to Lincoln’s election to the presidency. Thus, in order not only to free the slaves but to save the Union and the integrity of

Assignment Example | Topics and Well Written Essays - 750 words - 70

Assignment Example It is not true that cabbage is cheaply made and is of low quality. Red wine and beef steak are complimentary goods. The goods complement each other. A complementary good is one whose cross elasticity of demand is negative. That is, the demand of a complementary good will increase if the price of another good decreases. Similarly, the demand of a complementary good falls when the price of another good is increased. As such, because red wine and beef steak are complimentary goods (are consumed together), an increase in the price of red wine will discourage people from buying beef steak and thus a fall in demand for beef steak. Red wine has a negative cross elasticity of demand with respect to beef steak. The sales of generic frozen orange juice soared during recession because it is an inferior good. Inferior goods are those that provide an alternative for consumers to reducing their expenditure during harsh economic times. The demand for inferior goods soars with a decrease in the level of disposable income. On the other hand, the sales of freshly squeezed orange juice declined because it is a normal good. The demand for normal goods falls with a fall in income level. As such, during 2007/2008 recession, people turned to generic frozen orange juice to cut their expenditure and thus high sales recorded. On the other hand, the number of people buying freshly squeezed orange juice declined as their disposable income fell. At point A, change in price produces equal change in quantity demanded and hence elastic. At point B, the demand is probably inelastic because a change in price yields less percentage change in quantity demanded. The firm’s products have elastic demand. For goods with elastic demand, a small change in price will cause a big change in quantity demanded. Therefore, every time the firm increased the price, it Assignment Example | Topics and Well Written Essays - 250 words - 185 Assignment Example Joycelyn’s objective of career development has been key to her high performance and provision of a worker friendly environment has enabled her to achieve a lot in her career (Mondy, Noe, & Gowan, 2005). Joycelyn has no longer taken human resource as a an administrative duty but as a responsibility to ensure that workers feel that their place of work as the right place to spend time due to the conditions that are provided by the employer. Worker motivation is a major driver to any institution that would want to get the maximum of the employees’ capability. A motivated worker has all his/her welfare well taken care of and it trickles down to the human resource to ensure that they motivate workers by providing them with essential services such as schools for their children, insurance covers etc and rewarding them fairly for the work they have done (Mondy, Noe, & Gowan, 2005). Madam Joycelyn success has come as a result of combination of various factors the work together and is geared towards the workers

Legal and Practical Impact of Insolvency

Legal and Practical Impact of Insolvency Introduction The dissertation is going to consider the topical area of insolvency and the impact that it has on contracts that are in place with the insolvent company. A company may enter insolvency proceedings either voluntarily or be forced into the position by creditors and/or members. Similar processes exist for partnerships[1]. However, when a company enters into a position of insolvency, this creates a potentially difficult position in relation to the contracts that have been entered into on behalf of the company, prior to the company entering into insolvency and ultimately being dissolved. This research paper will look at the effects that insolvency has on these contracts, both in terms of commercial contracts and employment contracts. It will consider not only the legal impact but also the reality of how these situations are dealt with regarding the practicalities[2]. Hypothesis It is suggested that when a company enters into insolvency proceedings, whether on a voluntary basis or on a compulsory basis, the legal structure of what should happen to the relevant contracts is not, in fact, in line with what actually occurs. In reality, those involved in company insolvency will ensure that the contracts simply do not collapse but rather that economic value which exists in the contracts is maintained as much as is possible in the circumstances[3]. Objectives The main objectives of this research are to consider the legal and real impact of insolvency proceedings on contracts that are in place with the newly insolvent company. As a company can enter into contracts as its own distinct legal entity, this can result in a position where one party of the contract ceases to exist[4]. The aim of the research is to consider what should happen from a purely legal point of view in relation to the contracts that a company has entered into when it becomes insolvent and how this relates to the reality of what actually occurs. Due to the nature of commercial and employment contracts and the different legal principles that apply to these types of contracts and the potentially different implications that may arise from the treatments of these contracts, they should be analysed independently. It is suggested that the strict legal position is rarely followed due to the complex nature of the situation and this research aims to ascertain whether or not this statement is accurate[5]. Methodology Several different methods will be followed during this research. Initially, research and analysis will be conducted into what the strict legal position should be. This will involve looking at the relevant legislation and the way in which this should be interpreted strictly in relation to both types of contracts[6]. After the strict legal position has been ascertained, the case law relating to how this legislation has been applied, practically, in the courts will be established. A range of contracts (both commercial and employment) will be considered and looked at in order to ascertain what the agreed clauses state should happen during insolvency and how these issues are dealt with during court cases. At this point, it would also be helpful to consider what happens in other jurisdictions, both across the European Union and in one other developed country, in particular, such as the USA. Research will also be conducted as to what is used as the main alternative to insolvency, i.e. distressed business sales or carving up of assets. Perceptions are important in this field. Therefore, part of the research will be conducted with first hand interviews and questionnaires of business people (ideally company directors) on how they believe the contracts would work in the event of insolvency. This perception will then be compared with what is written in the contracts to see if the real perceptions meet with the legal drafting[7]. The research will focus on gaining a strict legal view as well as an understanding of what happens, in reality, in relation to the basic principles of contract, i.e. is there any difference between executed and non-executed contracts? Are there any differences, in reality, to the way contracts that are now frustrated are dealt with, in comparison to ones that could be performed adequately by another party? Limitation Commercial and employment contracts are often sensitive in their nature and not readily available for analysis. More specifically, companies that are entering into an insolvency scenario will be extremely reluctant to give information readily that relates to their commercial contracts. Many deals that are done with a company which is entering insolvency will be negotiated rapidly and with commercial secrecy, making the research particularly difficult to undertake. Insolvency is often something that businesses are simply unprepared to consider or discuss, as discussion of such issues can be seen as a sign of weakness. On this basis, it may prove difficult to speak to a sufficient number of directors about insolvency provisions[8]. Resources Resources used in this research will be relatively variable. Firstly, and arguably the most important resource, will be the legislation that underlies the area of insolvency law[9]. This is the fundamental part of the legal area of insolvency and will be the background for the remaining part of the research. Case law and analysis of legislation will then form the secondary part of the research when looking at the way in which the legislation actually operates on a practical level. Once the legal position has been established, direct contact will have to be made with individual companies. These resources will include questionnaires, direct analyses of the relevant contracts and perceptions of the contractual terms that are in place, in the event of insolvency. Commercial and employment contracts will be looked at separately due to their considerable differences in content, legal position and scope[10]. Timetable This research is expected to span a period of at least 8 months. The initial part of the research considering the legal context and provisions of the relevant legislation will create the foundation of the research and will be undertaken in the first 2 months of the research timetable. Towards the end of the first 2-month period, the case law and journals analysing the relevant legislation will provide the supplemental part of this initial research. After a full understanding of the legislation has been obtained, the research will move on to considering the practical reality of what happens in insolvency situations. Questionnaires and interviews will be conducted over a period of 2 months, with the remaining 3 months of the research being used to consolidate and conclude, based on the information gathered. Suggested Chapters Suggested initial chapters will include methodology and research background. In the main body of the research, the findings will be broken down to contain legislative provisions (both employment and commercial), case law and legal analysis relating to the legislation, directors’ perceptions, contractual provisions and overall conclusions drawing all information together[11]. It is anticipated that the conclusion section will draw together all of the above information and findings to establish whether or not the legal provisions relating to insolvency are followed, in practice, when a company enters into a position of insolvency. Bibliography Brousseau, Eric, Glachant, Jean-Michel, The Economics of Contracts: Theories and Applications, Cambridge University Press, 2002 Dickerson, A. Mechele, Insolvency Principles and the Odious Debt Doctrine: The Missing Link in the Debate, Law and Contemporary Problems, 70, 2007 Fletcher, Ian F., Insolvency in Private International Law: National and International Approaches, Oxford University Press, 1999 Goode, Royston Miles, Principles of Corporate Insolvency Law, Sweet Maxwell, 2005 Marsh, S.B., Soulsby, J., Business Law, Nelson Thornes, 2002 McKendrick, Ewan, Commercial Aspects of Trusts and Fiduciary Obligations, Oxford University Press 1992 Schwartz, Alan, A Contract Theory Approach to Business Bankruptcy, Yale Law Journal, 107, 1998 Schwartz, Alan, Bankruptcy Contracting Reviewed, Yale Law Journal, 109, 1999 Thorpe, Chris P., Bailey, John C.L., Commercial Contracts: A Practical Guide to Deals, Contracts, Agreements and Promises, Institute of Directors, Kogan Page Publishers, 1999 Unt, Lore, International Relations and International Insolvency Cooperation: Liberalism, Institutionalism, and Transnational Legal Dialogue, Law and Policy in International Business, 28, 1997 Yemin, Edward, Bronstein, Arturo S., The Protection of Workers Claims in the Event of the Employers Insolvency, International Labour Office, International Labour Organization, 1991 Footnotes [1] Fletcher, Ian F., Insolvency in Private International Law: National and International Approaches, Oxford University Press, 1999 [2] Brousseau, Eric, Glachant, Jean-Michel, The Economics of Contracts: Theories and Applications, Cambridge University Press, 2002 [3] Yemin, Edward, Bronstein, Arturo S., The Protection of Workers Claims in the Event of the Employers Insolvency, International Labour Office, International Labour Organization, 1991 [4] Marsh, S.B., Soulsby, J., Business Law, Nelson Thornes, 2002 [5] Schwartz, Alan, A Contract Theory Approach to Business Bankruptcy, Yale Law Journal, 107, 1998 [6] Dickerson, A. Mechele, Insolvency Principles and the Odious Debt Doctrine: The Missing Link in the Debate, Law and Contemporary Problems, 70, 2007 [7] Goode, Royston Miles, Principles of Corporate Insolvency Law, Sweet Maxwell, 2005 [8] Schwartz, Alan, Bankruptcy Contracting Reviewed, Yale Law Journal, 109, 1999 [9] Thorpe, Chris P., Bailey, John C. L., Commercial Contracts: A Practical Guide to Deals, Contracts, Agreements and Promises, Institute of Directors, Kogan Page Publishers, 1999 [10] Unt, Lore, International Relations and International Insolvency Cooperation: Liberalism, Institutionalism, and Transnational Legal Dialogue, Law and Policy in International Business, 28, 1997 [11] McKendrick, Ewan; Commercial Aspects of Trusts and Fiduciary Obligations, Oxford University Press, 1992

Essay --

Another major principle of Islamic is fairness. In Islamic banking, fairness is highlighted through its operations which the dubious terms and condition transactions are not engaged with Islamic banks. Terms and conditions needed in a transaction are disclosed in the agreement. In addition, everyone in the transaction can make informed decision which are not misled or cheated. Besides, according to article for WIBC on Islamic Banking and Finance, there is a clear division between the allowed and forbidden of the activities. For example, transactions involving alcohol, gambling, armaments, pork related products, and other socially detrimental activities should be avoided in Islamic Finance. In Islamic banking, there are still five main concepts which are profit and sharing, Wadiah, Musharakah, Murabaha and Ijarah. Profit and loss principle is actually based on mudarabah principle. Under this principle, profits will be shared between owner of capital (financier) and the entrepreneur on the basis of contractual agreement. However, financier will lost it money invest if the business fail. This means that, income from the money invest by financier is not guarantee. For wadiah, refund of the principal is guarantee by the bank. Depositor under this principle might receive a share on profit of the bank’s business. Wadiah is safekeeping as their principal is guarantee in full of demand although the profit of investment by bank is not guarantee. Musharakah is a joint enterprise or partnership business which both parties will manage the business together. Under this principle, ratio of profit or loss pre-determined basic. After a certain periods, a party can terminate the joint venture gradually. Murabaha is another principle of Islamic ban... ...e in financial resources. The principle of Islamic is Syariah, it is developed through four main Islamic juristic schools which is Hanafi, Maliki, Shafi and Hanbali. However, Quran and Sunna is the two main sources which the Shariah derived from. In Islamic finance, there are three major principles. Firstly, the prohibition of usury or interest (riba). In the words of Maulana Maudoodi, page 139, Riba can be defined as the stationary increase on the capital which collected against a fixed period. This means that interest is consider as riba if the amount loaned is going doubled and re-doubled and it is given as consumption needs instead of productive needs. One of the examples of riba is rental income. According to Chapter 2, Verse 275 of the Qu’ran, involve in trade activities although is sound like soft of riba but actually is encouraged by Islam but not for riba.