Saturday, August 31, 2019

Geely Automobile

International Business Environment Analysis for Geely plc. 1 International Business Environment II Module title: International Business Environment (P13KL9) Module convener: Lei Li Title: Critical Analysis of International Business Environment in UK and Malaysia : A Project of Geely plc‘s Foreign Expansion Group Name List GROUP NO. ID NO. 6501184 6501425 6501559 6501825 6501972 6500420 6501843 NAME Chen Yiduo Wang Hao Yin Xiaoyun Wang Zheng Zhu Weixing Zhu Leizhen Wu Gaoying Number of Words: 4201 Submission Time/Date: 14th May, 2010 2 International Business Environment II Covering Note: Yiduo, Chen(6501184), Leader: ASEAN, Leverage the multinational institutions—ASEAN, UNNC Gaoying, Wu (6501843): WTO, UNNC Hao, Wang (6501425): EU, Leverage the multinational institutions—EU, UNNC Leizhen, Zhu (6500420): Income profile, Culture, Marketing analysis—Income profile, UNNC Introduction, Econography, Political risk, Assessment, Conclusion, UNNC Weixin, Zhu (6501972): Xiaoyun, Yin (6501559): Legal System, Exchange rate, Geely‘s Reacts, Recommendations, UNNC Zheng, Wang (6501825): Tax regime, Restrictions, Marketing analysis—legal system, UNNC 3 International Business Environment II Table of contents Pages 1. Introduction †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. 5 2. ECLIPTER facotrs analysis†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 5 2. 1Econography 2. 2 Culture 2. 3 Legal system 2. 4Income profile 2. 5 Political risk 2. 6 Tax Regime 2. 7 Exchange rate 2. 8 Restrictions Institutions†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. †¦.. 13 3. 1 WTO 3. 2 EU 3. 3 ASEAN 3. 4. Assessment of Geely’s overall international expansion strategy†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 15 5. Marketing analysis†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢ € ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 16 5. 1 Legal system 5. 2 Income profile 6. Geely’s reacts to the impact of the ECLIPTER†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. 8 7. Leverage the multilateral institutions†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. †¦Ã¢â‚¬ ¦.. 19 7. 1 ASEAN 7. 2 EU 8. Implications and Recommendations†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. 20 9. Conclusion†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. 21 10. References†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. 22 11. Appendix (Interview)†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦28 4 International Business Environment II 1. Introduction Geely, the China-based auto company and one of the newly-emerged multinationals in the world auto market, exerts tremendous influences on the auto industry. This essay will conduct a critical analysis of the international business environment that the company faces. In the first part, the ECLIPTER factors including econography, culture, legal system, income profile, political risk, tax regime, exchange rate and restrictions, together with the multilateral institutions such as WTO, EU and ASEAN will be examined by using UK and Malaysia as examples. Then based on this analysis, it will provide an assessment of the company‘s overall international expansion strategy and process. In the second part, legal system and income profile, the two most important ECLIPTER factors on Geely‘ overseas operations, will be evaluated. Furthermore, the scheme which Geely used to deal with the impact of these two factors and leverage the multilateral institutions will be shown. Finally, this report will analyze whether the company‘s international adaptation of the business function is effective, and then give some recommendations and lessons. 2. ECLIPTER Factors Analysis 2. 1 Econography Econography refers to physical and human assets including distance from major markets, and natural resources of nations that affect industry performance. In the first, the close distance between parent company and foreign subsidiary can help the company to reduce the transport costs and overhead expenses; it also can improve the connection between them. If the parent company is in China, it is better to build a subsidiary in Asia such as Malaysia. Secondly, the natural resources used for making cars mainly include steel, copper, and aluminum. If the country owns rich mineral resources, it can greatly provide benefit in the production of automobiles. One of the major purposes for many multinational corporations establishing overseas subsidiaries is to exploit the foreign natural resources. This is good for companies to 5 International Business Environment II reduce production costs and get competitive advantages. As World Steel Association reported in 2009 that the crude steel production of United Kingdom is 13. 5 in 2008, whereas the crude steel production of Malaysia is 6. 1 in 2008. 2. 2 Culture This paragraph will analyze the effects of culture on auto industry through power distance index and saving rate. Firstly, power distance index measures the degree of inequality exists in a society (Hofstede, 1997). The power distance index is 80 in Malaysia whereas it is only 35 in UK (Hofstede, 2008). The unequal distribution of wealth makes most Malaysian citizens prefer to hold a commercial auto. So the inexpensive Geely auto could be a good option for them. Secondly, saving rate could be a standard to show the attitude of citizens. The saving rate of Malaysia was 47 per cent in the year 1998 which ranks second in Asia (Azia, 2004). In contrast, the saving rate in UK was significantly low, which was less than 10 percent in the past ten years. For instance, the saving rate of UK household in 2008 was only 1. 7 percent (chart 1)(Presser, 2008). So UK citizens are apt to consume a relatively high price car. Chart 1 Resource from Posser (2008) 6 International Business Environment II 2. 3 Legal system The auto industry has been affected by laws and government regulations since the 1960's. The first safety act passed in 1966 by Congress and was called the National Traffic and Motor Vehicle Safety Act (Highfill, 2004). This act forced manufacturers to improve the safety for the passengers, the driver visibility, and the braking of the car. Not only safety, but also environment is being growingly concerned even before the oil crisis. The Vehicle Air Pollution and Control Act passed in 1965 was the first act to set standards for automobile pollution. Then in the 1970's, Congress passed the Clean Air Act that led to a 90% decrease in automobile emission within the next six years (ibid). In the 1970's the oil crisis led to the approval of The Energy Policy and Conservation Act of 1975 which stated that all automobiles must meet a certain mileage per gallon. The act required that all automobiles had to meet a standard of 20mpg by the 1980 model and then 27. 5 mpg for the 1985 model (ibid). EU 2020 growth strategy also emphasizes the importance of low carbon automobile (Society of Motor Manufacturers and Traders, 2010). There are also many special laws for auto industry in different countries, such as Malaysia, which has built a free trade area for production and assembly of products for export-oriented enterprises. Companies can enjoy the minimum tariffs, raw materials and simplified mechanical equipment import formalities. Nevertheless, the Malaysia government regulates that more than 80% products should export to other countries (Daily News, 2006). Furthermore, the UK Byers Acts Measures to cut the average price of a car by ? 1,100 and save private car buyers around ? 1 billion a year. Although it may lower the profitability of auto industry, the number of consumers will increase gradually (DTI, 2000). 2. 4 Income profile Since automobile is not inferior goods, the demand of automobile would rise when income increases. In the economic aspect, income could be an indicator of the purchasing power of individuals and nations. Data from UK national statistics office (2010) demonstrated that despite the contracted 4. 9 percent of GDP in the whole year, the GDP increased 0. 4 percent in 7 International Business Environment II the fourth quarter of 2009. Furthermore, Household expenditure also rose 0. percent in the fourth quarter of 2009 in UK (chart2). For Malaysia, the GDP growth in the fourth quarter of 2009 was 4. 5 though the figure was negative in the whole year (chart 3) (Malaysia statistics, 2010). It can be observed that the economy of both UK and Malaysia seem to recover from the global financial crisis. This positive signal predicts the growing demand and diste nsible market for Geely in both countries. Chart 2 Resource from UK statistics 2010 Chart3 Resource from Malaysia statistics 2010 8 International Business Environment II The core competitiveness of Geely automobile relies on its high performance-price ratio. Per capital GNI (Gross national income) in Malaysia was 25784 RM in 2008. By analyzing the 2004 United Nations Human Development (UNHDP) report, except the 20% population of richest and poorest class, Geely will be a better choice for the rest citizens in Malaysia(chart 4) (Lumpur, 2004). In comparison, the young people account for a great amount of population in UK. A source from HMRC shows the average income of under 20 years is ? 9,570 and 20-24 years is ? 13,200 which is below the average (chart 5). It implies that when young generation decide to buy a car, price is the first consideration factor. For medium quality car manufacture companies, young population in UK could be a potential group of customers. Chart 4 9 International Business Environment II Chart5 Median Age Band Under 20 years 20 – 24 ? 11,800 years 25 – 29 ? 17,000 years 30 -34 ? 19,500 years 35 – 39 ? 20,100 years 40-44 ? 20,200 years 45 – 49 ? 20,300 years Resource from Lumpur (2004) ? 28,600 ? 24,800 ? 35,400 ? 15,200 ? 20,100 ? 28,100 ? 24,600 ? 34,600 ? 14,900 ? 19,800 ? 26,800 ? 23,600 ? 31,700 ? 15,500 ? 20,100 ? 23,900 ? 21,600 ? 26,700 ? 16,400 ? 20,100 ? 19,300 ? 17,800 ? 20,600 ? 15,900 ? 17,800 ? 3,200 ? 12,400 ? 13,800 ? 11,200 ? 12,300 ? 8,130 ? 9,570 ? 8,490 ? 9,810 ? 7,990 ? 9,250 Median Income Mean Income Income (Men) (Men) (Women) (Women) Income Income Income Mean Median Mean 2. 5 Political risk According to Guinger (2001), political risk describes the stability of government institutions. It can be measured in a variety of ways such as likelihood of foreign aggressio n and civil insurrection. The Transparency International (2009) showed that UK and Malaysia both face some problems of political corruption, which adversely affects the efficiency of economic operation. World Bank estimates that corruption could cost Malaysia as much as RM10 10 International Business Environment II billion a year – an amount equivalent to 1 or 2 per cent of GDP. The corruption in the UK is lighter than Malaysia, which ranked 17, whereas Malaysia ranked 56 in world in 2009 based on Corruption Perceptions Index 2009. But the corruption in UK is not unheard. Surveys by Control Risks and Simmons & Simmons show that the awareness of UK laws against foreign bribery may be decreasing over time. In 2002, after the act came into force, 68 percent of respondents said they were familiar with its main points. But in 2006, 48 percent people said that they have totally ignored it (Global Corruption Report, 2009). 2. 6 Tax Regime Tax regime refers to the tax instruments that governments use to raise revenues from multinational firms, such as corporate taxes. The tax of Malaysia is transparent, the multinational corporate must be taxed 30% of the corporate income which is just the same as Malaysia companies Marketing directory, 2005) According to the tax incentive treaties, auto ( . ndustry may be eligible for pioneer status which is given by the way of an abatement of 70% of the profits for five years (ibid). The remaining 30% of the profits will be taxed at the prevailing corporate income tax rate. The profits abated are exempt from tax and will be available for distribution as tax-free dividends. In UK the resident corporate tax is the lowest in Europe, even the tax is zero for t he small companies in 2002(Lawandtax-news, 2010). According to the tax treaties, multinational corporate which set up, purchase or control the companies in UK can follow the resident tax (Navstar, 2009). In the ordinary course of events, foreign companies cannot follow the low corporate tax, but with regard to double taxation and the agreement between UK and China, Chinese multinational corporates in UK now pay the low tax (ibid). 2. 7 Exchange rate Stable trade policies are extremely important for both the economic welfare of the countries and the multilateral trading system. Unfortunately, the liberalization measures were adopted by many countries. As Dornbusch‘s 1976 analysis has pointed out that when the exchange rate is used to provide protection for domestic firms, it is through undervaluation. An undervalued 11 International Business Environment II exchange rate protects domestic firms from imports and gives domestic firms greater incentives to export. For example, the Balance of Payments Committee of the WTO has received 39 requests from member countries for derogations from their international obligations and for a temporary increase in temporary protection. Moreover, several developing countries, such as Malaysia, have recently increased tariffs in response to financial crises even though the higher rates remain below the rates these countries bounded in the WTO. Moreover the analysis said China has become a great auto exporter, as a result of the huge subsidies, an undervalued exchange rate and dirt-cheap credit (Swaminathan, 2009). 2. 8 Restrictions Restrictions refer to the taxes and limitations that host governments place on foreign products and services or on foreign firms themselves when they enter or leave the host economy. Because of the policy of protecting their national automobile industry, the import tax of automobile is relatively high in Malaysia. Since 2004, Malaysia began to reduce the automobile import tax: for the import components the tax is reduce from 25% to 10%, and for the whole automobile the import tax is drop from 130% to 30% for the companies outside of Southeast Asia (MEI, 2009). In 2010, according to the agreement of ASEAN, the automobile import tax will be zero to all the regions of ASEAN. UK is a member of EU, it followed the economic agreement of EU which sets no import or export tax between members of EU and they must charge the same tax when they have business with the third country (European competitiveness, 2009). 12 International Business Environment II Scoring Analysis of UK and Malaysia Country Score Econography Culture Legal System Income Profile Political Risk Tax Regime Exchange Rate Restrictions Total (10) (10) (20) (20) (10) (10) (10) (10) (100) 8 7 18 8 8 8 7 7 71 7 6 16 15 5 9 8 9 75 UK Malaysia 3. Institutions 3. 1 WTO The major objectives of WTO‘s roles are ? the creation of a common automobile market through the elimination of barriers to intra-Community trade; the maintenance and expansion of a competitive world automobile industry; the use of voluntary import restrictions to prevent cheap imports and to maintain competitiveness? European Commission, 2006). For example, in 2006, WTO announced the establishment of a panel to examine whether China's tariffs on imported auto parts violate WTO trade rules, following a joint complaint made by the United States, the European Union and Canada, who accused China for its discriminatory charges on imported auto parts. After examining Ch ina‘s related regulations, WTO panel declared that China's regulations are inconsistent with China's WTO obligations. China has agreed to make the necessary regulatory changes by September 2009 (Herd, 2006). 13 International Business Environment II WTO facilitates Geely‘s international expansion since the elimination of trade barriers has cleared its path to world market and made it integrated to the world economy. In 2002, after China joined into WTO, 100 automobiles of Geely exported to Syria (Luo, 2005). 3. 2 EU EU functions as a rule-imposer. It sets strict requirements and institute rules and regulations to improve vehicle safety. Besides the vehicle crash tests executed by Euro NCAP (European New Car Assessment Program backed by European Commission), there are also some regulations set to protect the environment. First, in order to respond to the gradual aggravation of greenhouse effect, the European commission developed a mandatory emission standard to limit the emission of one major kind of greenhouse gas, CO2. The regulation set a fleet-average CO2 emission target for passenger cars, which is 120 g/km to be reached by 2015 (European Commission, 2010). The vehicle manufacturers must reach the CO2 emission target of 130g/km, with an additional reduction of 10 g/km to be provided by supplementary measures, such as the use of hydrogen fuel. A long-term target of 95 g/km to be reached by 2020 is also stablished by the regulation (ibid). This regulation will take effect in 2012. From 2012 onwards, vehicle manufacturers who do not meet this target will have to pay penalty for their excess emissions. According to DieselNet (2010), from 2012 to 2018, the penalties are â‚ ¬5 per vehicle for the first g/km of CO2; â‚ ¬15 for the second gram; â‚ ¬25 for the third gram; â‚ ¬95 from the four th gram onwards. From 2019, manufacturers will pay â‚ ¬95 for each g/km exceeding the target. Another congressional mandate imposed by European Commission requires tire pressure monitoring systems on all new cars in 2012. According to Europe‘s Information Society (2010), many road accidents resulting in fatalities and physical injuries are linked to tire defects. Furthermore, under-inflated tires can result in severely inefficient use of fuel and cause an extra two million tons of CO2 emitted into the atmosphere per year. So this mandate enhances vehicle safety and protects the environment. 14 International Business Environment II These regulations have incurred a rise in car prices since vehicle manufacturers are forced to increase price to offset the cost of upgrading. These regulations put Geely in an unfavorable position. Since Geely is better known for making low-tech and cheap cars, making eco-friendly cars is not included in the competencies of the company and huge R&D spending is inevitable for nurturing this competence. They set a high bar for the competition and limit Geely‘s ability to expand market in Europe. 3. 3 ASEAN ASEAN – Association of South East Asia Nations is a geo-political and economic organization of 10 countries located in Southeast Asia. China and ASEAN are both newly-emerged, rapidly-developing auto markets. Cooperation in auto industry between China and ASEAN will bring a win-win situation for the two sides and make their cars more competitive in a global competition. For instance, according to Xinhua News Agency (2006), a report released by the Ministry of Commerce Indonesia has announced that compared to the expensive Japanese sedans, the China-made ones gradually gain popularity for more favourable price-performance ratio. ASEAN country also needs investment from Chinese carmakers to expand local employment and for more price-favourable cars, said a Germany auto expert at the China-ASEAN Expo, 2006. Consequently, in general, ASEAN opens its gate to Chinese car companies including Geely to achieve a win-win situation. 4. Assessment of Geely’s overall international expansion strategy Geely‘s current international strategy is to produce affordable automobile, so the market size and consume power of a foreign market are highly valued by Geely. Malaysia automobile market resembles China more than UK, in the aspects such as the people‘s income, the similar culture, and the similar geographical position, etc. As by now most cars have been exported to some developing countries like South-East Asia, Ukraine, Russia, and Mexico, Malaysia will be good choice. Meanwhile, although UK does not represent a neighboring or ? home‘ market, 15 International Business Environment II as markets in South-East Asia do, UK could be seen as an interesting market with a potential for higher margins, higher price levels and a more mature market for branding, technology, etc, as the UK‘s income per capita, and the automobile sales volume are higher than that of Malaysia. Considering the future international development, Geely should focus on UK. Therefore, at first, it is better for Geely to develop its ? producing automobile which most of people can buy‘ strategy in Malaysia, and when Geely is able to enter high-end automobile market, UK will be a better choice. In terms of multilateral institution, after evaluating the influence of international organizations, we suggest that Malaysia is a better choice for Chinese car companies to exploit new markets. Firstly, a win-win situation guarantees a favourably corporate relationship between Geely and ASEAN (Eichengreen, 2006). Secondly, there are various quality-related requirements and constraints in EU and probably NAFTA, which puts up a strong challenge for those Asian auto makers. Moreover, by far, there is no evidence to prove the acquisition of Manganese Bronze and Volvo have considerably increased Geely‘s sale in developed nations. Thus considering the opportunities and threats faced by Geely, it is recommended that the company emphasizes on developing nations‘ markets, rather than the developed markets. 5. Marketing analysis 5. 1 Legal system According to Alistair Darling‘s pre-budget report, UK will bring new opportunities for the low-carbon industries. Through the Innovation Investment Fund and the Carbon Trust's Venture Capital scheme, UK will invest at least ? 160m in low carbon projects (Guardian, 2009). They will also invest ? 90m in the European Investment Bank's new 2020 fund, which will put 6. 5 billion Euros of finance in green infrastructure projects. In this report, there are alterations to the climate change levy, company car tax, and fuel benefit charge (ibid). This is good news for Geely because now it dedicates itself to produce high-tech and eco-friendly automobile. In 16 International Business Environment II UK the amount of car tax depends on the price and the discharge amount for carbon, which is from 9% for electric motor car to 10%-35% for petrochemical car. UK also has a successful car scrappage scheme, which gives consumers a ? 2,000 discount off. If they scrap their old vehicle, it will help up to 125,000 families replace their inefficient boilers with new models (Julia, 2009). Through the government‘s support of low-carbon industry, Geely has more opportunities to innovate high-tech and eco-friendly automobile. Furthermore, because of the low tax and car scrappage scheme, customer is inclined to buy or change an electric motor car,. In 22nd March 2006, Malaysia published the new automobile policy (MEI, 2009). Since that day, the import taxes of CBU (Complete Built Unit) are reduced from 20% to 5% for the ASEAN members and 50% to 30% for other countries. The import taxes of CKD (Completely Knock Down) are 10%. In 28th October 2009, Mustafa Mohamed announced many new policies for auto industry which will give much more preferences and subsidies for the new energy automobile companies (ibid). . 2 Income profile It is known that the success of Geely relies mostly on keeping low cost and offering the affordable cars. For instance, Geely's best-selling four-door sedan, the King Kong, has been sold 6127 in April 2010 and the retail price is between 47,800RMB – 58,800RMB (Jiang, 2010). Geely sold 329,014 passenger cars in 2009, making it is the third largest domestic car producer (Zheng, 201 0). However, Geely's winning formula is under pressure in china because Chinese consumers are becoming wealthier; the higher-end models will gradually be affordable for them. Meanwhile, brands such as the Chery QQ, Ford Fiesta, and Honda Civic are threatening Geely‘s current market position. Geeky‘s winning formula is also challenged at the oversea markets like UK and Malaysia. Date from HMRC (HM Revenue & Customs) indicates that nearly 50% of the population in UK earns ? 16400 annually which is much higher than the middle class income of Malaysia. This group of population could be a dominant power in the automobile market in UK. It is not a wise choice to sell its inexpensive cars in UK considering that low price would not be 17 International Business Environment II attractive for these relatively rich citizens. The similar situation also happened in Malaysia which made Geely‘s low price cars less competitive. This is because that the predicted real GDP growth in 2010, 2011 and 2015 are 4. 7%, 5. 0% and 5. 0%, Malaysian people are becoming richer than before(IMF, 2010). Their increasing incomes will directly affect their car buying choice. People nowadays prefer the higher-end models and the market share of Geely‘s lower-end models are estimated to reduce gradually. 6. Geely’s reacts to the impact of the ECLIPTER First, since the middle of 2009, the sales of car exports decreased from 37940 in 2008 to 6297. Furthermore, although Geely exports to more than 50 countries, most of them are developing countries which are not so effective in the promotion of the brand image. In order to get rid of low-end image, Geely changed its strategy from ? produce automobile which most of people can buy‘ to ? do not produce cars which price is below 40000 Yuan‘ (Fang, 2009). Besides, Geely take over Volvo which also expressed its desire to promote the brand image. Geely‘s strategy changes starts in May 2007, which is focus on transforming its competitive advantage from price to technology. In 2007, Geely used three new motorcycle type—Yuan Jing, King Kong and Zi You Jian, which have relatively higher value added to substitute the Haoqing, Meiri and You Liou. For doing that, Geely scraped its old molds, jigs and production line which worth up to 8 billion Yuan. In 2008, the sales of these three new auto types grew 12% without discount marketing strategy (Geely annual report, 2009). Furthermore, in 2010, Geely will market 21 new auto types, and some of them were designed by Fabrizio Giugiaro, the Italy‘s famous auto manufacturer. Moreover, the new energy auto will also be produced in 2010, which will include Panda and DiHao (Wenqing, 2010). These new energy auto types have been showed in the Beijing car exhibition 2010 (Phoenix auto, 2010). In order to deal with these two factors, Geely also has a complementary strategy: cooperate or takeover other well-known international auto manufacturers. It will not only help Geely to promote its auto manufacture technology, but also improve its brand image. Geely has already cooperated with 18 International Business Environment II Britain‘s Manganese Bronze to produce luxurious brand-named taxi (China car Times, 2010) and assembled cars with Information Gateway Corp Sdn Bhd (IGC) in Malaysia, 2006 (Tan, 2006). 7. Leverage the multilateral institutions 7. 1 ASEAN One of the stunning news in 2005 was the political barriers Geely met in Malaysia, which was considered as the biggest challenge for its overseas expansion so far. Geely‘s President Li Shufu described Malaysia as ? an unexpected trap? because of Malaysia government‘s rejection on fulfilling the contract. After examining the ECLIPTER factors of Malaysia market, Li Shufu and his team regarded Malaysia as the first pillbox and cornerstone of its expansion to ASEAN countries. He believed the learning in Malaysia could be helpful. Therefore, in May 2005, Geely has made a joint contract with Malaysia IGC group for building CKD factory in Malaysia. However, Malaysia government denied the contract after a new document on automobile being published. According to the document, all cars made by foreign automobile manufacturers were prohibited to sell in Malaysia. Then the situation in Malaysia went against its expection of getting a huge sale. However, according to Geely officials, to some extent, ASEAN agreements have made Geely to reconsider the importance of Malaysia (Harwit). In South East Asia nations, there are some strict tariff-related regulations for automobile industry. Contrarily, tariff among ASEAN countries is in a minimum rate. According to an inner-ASEAN agreement, from 2003 to 2009, Indonesia, Thailand, Malaysia, Philippine, Singapore and Vietnam exempted auto import tariff for each other. From 2010, all ASEAN countries will implement zero auto import tariff for each other. At the same time, Indonesia, Thailand and some other ASEAN nations‘ demand of cars is increasing considerably (JAMA, 2008). Especially after an impressive increase in 2007, the car-sale in Indonesia becomes significantly dazzle. Therefore Geely 19 International Business Environment II planed to only manufacture cars in Malaysia and then export cars to other ASEAN countries, which seems like a forward-looking plan in a long-term development. Finally, Geely decided to move its Malaysia CKD manufacture center to Indonesia. However, its vision of leveraging ASEAN to pursue a sale performance in all ASEAN nations has not changed. 7. 2 EU In terms of EU regulations, since Geely has acquired 100% ownership of Volvo, the Sweden‘s company, Geely is no longer an outsider of European market. According to the EU Single market concept (European Commission, 2010), a free circulation of capital, labor, goods and services between EU members is granted. Geely now have got over tariff barriers and competes as an insider. . Implications and Recommendations One of the strategies of Geely is to promote new energy automobile, there are two advantages for this strategy: Firstly, Geely can get powerful support from government since the development of new energy is encouraged by the government. Secondly, since new energy automobile is environmental friendly goods, it not only reduces the carbon emissions, but also decreases the expenses o n routine maintenance (Bond newspaper, 2010). However, there are also drawbacks, such as the inadequate facilities. Acquiring other world famous bands is the other strategy of Geely, which facilitates the company‘s global expansion. For instance, Volvo is well-known by its safety, which could provide Geely with a competitive advantage on its brand trust. It also provides a valuable, more upscale user image. Therefore, through merger or acquisition of international well-known brands, Geely can get greater international fame and advanced technology, integrate into the world market and attract more consumers. However, certain risks should be considered when Geely acquires Volvo. The first risk is that the culture conflicts between two countries. It has been reported that one of the hindering factors is that the union of Volvo in Sweden disagrees the acquisition for their reduced 20 International Business Environment II welfare and unemployment (Gasgoo, 2009). The second risk is that the value of acquired equity. It has been said that Volvo‘s vaunted reputation for safety has been challenged by other manufacturers which can also provide automobiles with same safety standard. In this case Volvo‘s ? safe? advantage may not be as competitive as before. 9. Conclusion To sum up, this essay has analyzed the ECLIPTER factors of Geely‘s two overseas markets, Britain and Malaysia, and examined influence of the related multilateral institutions. According to this matrix analysis, legal system and income profile have the most important impact on the auto industry. For multilateral institutions, ASEAN and WTO generally promote the Geely‘s international expansion strategy, while EU regulations are less favored in its expansion. Considering both ECLIPTER factors and related multilateral institutions, it is suitable for Geely to enter developing nations to acquire market share at its initial development. But for long-term development, Geely need to pay attention to research and develop higher-end models. With the development of Geely Company and the overall auto industry, Geely‘s focus will shift from developing countries to developed countries. Currently, Geely‘s low price strategy is challenged by the legal system and income profile of developed countries. Therefore, Geely is increasing its efforts in releasing new model cars and tapping into developed countries through merger or acquisition. Geely intends to promote its brand image and enlarge its market share through these strategic moves, although it has to face the risk of culture conflicts and the uncertainty of acquisition value. 21 International Business Environment II 10. References: Azia, A. Z. (2004) Malaysia-Encouraging Saving in a Dynamic Economy [Online]. Available at:< http://www. bis. org/review/r040115c. pdf> [17 April 2010] Bond newspaper (2010) (There are many advantages of new energy automobile but it needs improve) [online]. Available at: [6 May 2010] China Car Times. 2010) London Taxi‘s should now be renamed Hangzhou Cabs. [Online] A vailable at: [11 April 2010] Daily News (2006) 10 ,80% (Geely will produce automobiles in Malaysia, 80% should not sell to other countries)[online]. Available at: [25 April 2010] DEPATMENT OF STATISTICS MALAYSIA Official Website (2009) Population [Online]. Available at: [12 April 2010] DieselNet (2010) Cars: Greenhouse Gas Emissions [online]. Available at: [15 Ap ril 2010] DTI (2000) Byers Acts to Reduce Car Price [online]. Available at: [27 April 2010] 22 International Business Environment II Eichengreen, B. 2006) China, Asia, and the World Economy: The Implications of an Emerging Asian Core and Periphery China & World Economy / 1 – 18, Vol. 14, No. 3, 2006 [Online]. Available at: [24 April 2010] European Commission (2010) A Single Market for goods [Online]. Available at:[ 20 April 2010] European Commission (2006) A Competitive Automotive Regulatory System for the 21st century [Online]. Available at:[ 20 April 2010] European competitiveness (2009) Tariff Barriers [online]. Available at: [21 April 2010] Europe‘s Information Society (2010) Tyre Pressure Monitoring System [online]. Available at : [21 April 2010] Fang, Wen (2009) Vs (The Difference Between BYD and Geely) [online]. Available at: [21 April 2010] Gasgoo. (2009) Volvo union meets Geely, no detail on financing. [Online] Available at: [11 April 2010] 23 International Business Environment II Geely (2009) Annual Report and Financial Statement [online]. Available at: [5 May 2010] Guardian (2009) Alistair Darling’s pre-budget report-full text [Online]. Available at: [20 April 2010] Harwit, E. (2006) Chinese Overseas Investment: Cases in the Automobile and Telecommunications Sectors [Online] Available at: [20 April 2010] Herd, J. (2006) Modern Global Automobile Industry [Online]. Available at: [21 April 2010] Highfill, D. , Baki,M. , Copus, S. , Green, M. , Smith,J. and Whineland. M (2004) Automotive Industry Analysis-GM, DaimlerChrysler, Toyota, Ford, Honda [online]. Available at: [28 April 2010] HMRC (2004) Rates and allowances – Income Tax [Online]. Available at: [17 April 2010] Hofstede (1997) Culture [Online]. Available at: [17 April 2010] Hofstede(2008) Wolrd map of Power Distance Index-Hofstede [Online]. Available at : [17 April 2010] Hofstede (2008), World Map of Uncertainty Avoidance – Hofstede [Online]. Available at : [17 April 2010] 24 International Business Environment II Ifeng (2010) (Analyzing Geely’s current position from the proportion change of ranking and sales) [Online] Available at: [12 April 2010] International Monetary Fund (2010) World Economic Outlook [Online] Available at: [11 April 2010] JAMA (2008) 1996-2007 ASEAN 5 Countries Sales Statistics [Online]. Available at: [24 April 2010] Julia, K. (2009) Scrappage Scheme Bosst Continues As New Car Sales Up 31% On Last Year [Online]. Available at: [20 April 2010] Lawandtax-news (2010) Corporate Taxation for Multinationals [online]. Available at: [21 April 2010] Lumpur, K. 2004) 2002 WORLD SUMMIT ON SUSTAINABLE DEVELOPMENT [Online]. Available at: [15 April 2010] Luo, J. (2005) The Growth of Independent Chinese Automotive Companies [online]. Available at: [15 April 2010] Malaysia statistics (2010) Gross Domestic Product [Online]. Available at: [15 April 2010] 25 International Business Environment II Marketing directory (2005) (the Summary of Investment Environment of Malaysia)[online]. Available at: [21 April 2010] MEI (2009) (the New Policy of Automobiles in Malaysia) [online]. Available at: [20th April 2010] Navstar (2009) the detail of the corporate tax in UK) [online]. Available at: [21 April 2010] Office for National Statistic (2009) National Projections UK population to exceed 65m by 2018 [Online]. Available at: [11 April 2010] Phoenix auto website (2010) ( the new energy car showed in Beijing car exhibition) [online]. Available at: [5 May 2010] Posser, D. (2008) UK saving rate sinks to 49-year low as growth falters[Online]. Available at : [17 April 2010] Society of Motor Manufacturers and Traders (2010) EU 2020 growth strategy emphasises significance of low carbon automotive [online]. Available at: < http://www. eemsonline. co. uk/press_releases/08-03-10_3> [1 May 2010] Swaminathan S Anklesaria Alyar. TNN(2009) How India beat China in auto exports [online]. Available at [3 May 2010] 26 International Business Environment II Swee-Hock, S. (2007) The population of Peninsular Malaysia. [Online] Available at: [13 April 2010] TRANSPARENCY INTERNATIONAL (2009) Corruption Perceptions Index 2009 [Online]. Available at: [11 April 2010] UK statistics (2010) GDP Growth [Online]. Available at: [15 Apr 2010] Wenqing F. (2010) 21 Geely will market 21 new types of automobile, new energy car also will produce)[online]. Available at: [24 April 2010] World Steel Association (2009) WORLD STEEL IN FIGURES 2009 [Online]. Available at: [11 April 2010] World Bank (2008) Gross National Income Per Capita 2008,Atlas Method and PPP [Online]. Available at: [15 April 2010] Xinhua News Agency (2006) China Eyes ASEAN for Car Assembly, Export [Online] Available at: [18 April 2010] 27 Internati onal Business Environment II 11. Appendix An interview with the Geely official Distinguished guest: Mr. Zhao Jie, Vice President of Geely Holding Group, In charge of Geely‘s international business. Time: 28 April 2010 Location: Mr. Zhao Jie‘s office Selected Q&A: Q: How does Geely react to the EU’s high standard of safety and emission? A: The high standard in Europe is indeed a big challenge for us late-movers. However, we have investigated a lot on the R&D and have made some success. As our new motto cited, we will ? devote ourselves to produce the safest, most energy-saving and environmental-friendly cars in affordable prices?. In spite of the European standard, we will also investigate on those aspects. Besides, we have acquired Volvo, a company with best reputation on its safety and reliability. Volvo will bring us the experience and advanced technology in pursuing safety. Moreover, developing new energy is not only the trend of all car companies, but also all those energy-based industries. Under the support of our government, we are confident in making a breakthrough in this area. Q: Have you got any type or design which could achieve the standard? A: Yes we have. Most of the automotive types in our series-EC were produced based on the EU standard. Q: We know Geely acquired Manganese Bronze. How can you successfully acquire Volvo from Sweden and DSI from Australia? 28 International Business Environment II A: Firstly, I am grateful to the lead of our Party and the flourishing Chinese economy. China now attracts the whole world‘s attentions. As one of the best Chinese companies, Volvo has its own advantage. As we have emphasized, you could not acquire Volvo only by money. That‘s like a free marriage, not an obligatory acquisition. They have already accepted us. As a fast developing China-based company, we could give Volvo continuous capital support. Also, our promotion will make Volvo more famous in China. In terms of DSI, there are several parades of their employees due to the downsizing. The company is on the edge of bankrupt. People clap their hands to welcome us, because they see the hope. Besides, we have developed the technology of gearbox for about 6, 7 years, we are able to understand and accept the technology of DSI. Q: Will there be any problems caused by culture collision after the acquisition of them? A: I don‘t think it is a problem for us. Firstly, Volvo is an international company who will make decisions with a global vision. Although everybody loves their country, the asset of an international company is complex, especially after becoming a listed company. It depends on the structure of the asset. For instance, who do you think Toyota belongs to? The asset structure is global, in which Japanese capital accounts for only a small part. However, the culture of Toyota is still Japanese. We think the situation is similar to Volvo, whose culture will not be changed by us. Our relationship is more likely a brotherhood, rather than hierarchical relationship. What we need to do is communication, respecting and taking care of each other. Q: Will Geely transfer the entire Volvo product line to China? A: Automobile needs indigenous producing, R&D and sale, and more importantly, the maximum indigenous complement. So the current factories in Sweden and Belgian will be remained permanently. Q: What’s your opinion on the Malaysia event, I mean the broken of your corporation? 29 International Business Environment II A: Based on the evaluation of all aspects, including the demand, competition, income and wage level, even the political aspect itself; we believed Malaysia was our best choice to enter ASEAN. Malaysia had already accepted our contract; we even signed the contract witnessed by both governments‘ staff. You know Wu Bangguo, chairman of National People's Congress and Malaysia‘s head of Parliament have attended the ceremony. I don‘t know why and how they allowed themselves to make such a decision. They denied the unilateral contract which goes against WTO regulation. I don‘t want to talk about it anymore. Q: The Geely Panda is transformed to â€Å"Tobe† and being sold in Taiwan, it is said that the real purpose is the ASEAN markets. Can you explain it a little bit? A: Sure. Firstly, Taiwan has an advanced system in sales and service. We could improve our service, especially after-sale service. Secondly, Yulon Motor has abundant experience in overseas sales. This ? Tobe? has already being sold in Vietnam, and will be sold in Malaysia, Indonesia and Philippine. Q: What’s your future plan? A: Except ASEAN, we have run our business well in many markets. For instance, AIS Company from Ukraine, our best agency, sold out 8000 units for us in Ukraine and made ? Exterior? the most famous autotype in Ukraine. Considering the geographic advantage that Ukraine possesses, we will build CKD factory there, in order to expand to Russia and Eastern Europe. We also have signed a contract with a Mexico partner to build a 130-million-dollar all-around industrial centre. Our plan is, by 2015, build 15 produce centers abroad, and sell 2 million cars, in which 1. 3 million will be sold in overseas markets. Contacts: Address: Suite 15E, West Tower, 668 East Beijing Rd, Shanghai, 200001China Tel: 86-21-53086111 53086126 Fax:86-21-53085062E-mail:[email  protected] com 30 International Business Environment II

Friday, August 30, 2019

Evolution of the Nation & the Civil War Essay

The end of the Civil War brought about political and economic reform to the United States. Reforms in the Reconstruction Period were passed to foster and maintain economic activity, creating industries and expanding businesses, contributing to the boom of Industrial Revolution in the country. Years of political clout and debate remarkably laundered constitutional amendments for the black man’s rights (Oberholtze, 1917). Inventions paved the way to the development of new industries such as telecommunication, transportation, electricity and construction. The discovery, access to and processing of raw materials -facilitated by technology- allowed products to be transported from manufacturing factories to populated areas for distribution. Such enterprise development measures were supported by the improvement of the transport and communication system via paved roads, bridges, canals, railroads and the telegraph. New jobs were created to cater to the needs of the fast growing economy and population. Enormous infrastructures were built to accommodate the growing city dwellers and workers. Increase in profits of manufacturing industries encouraged a steady influx of immigrants working in the production lines (Engerman, 2000). Competition and increasing market goals forced companies to expand trade and operations in other countries, imperialism’s objective. Altogether, technological advancement, cheap labor and availability of capital led to America’s heavy industrialization. This period of rise and fall largely contributed to America’s development into a superpower. However, as a young nation, America was set back with undesirable impacts of industrialization. As production staff volume increased, conflict between workers and management grew. Industrial achievements due to aggressive marketing of manufactured goods and increased foreign trade introduced more white collar jobs facilitating corporate operations. Management and administrative work were better rewarded than assembly-line work, providing better opportunities for educated and powerful who came to enjoy lucrative lifestyles; while creating inequalities of wealth, discontent and rousing uprisings from laborers who formed unions to pursue their rights. Marxist leaders helped reshape capitalist thought and corporate laws. Growing market demand meant increasing supply needs leading to resource exploitation in some areas leaving irreparable damage to the environment. Concern for increased production overshadowed the seemingly abundant resources. Even large corporations who came to have leverage in policy-making used their power to generate more profit. Developments in transportation made it easy for people to move about creating a melting pot of US residents and migrants, gave way to explosion of population in urban areas, forming cities. The attraction of immigrants made uprisings in social injustices -competition and aggression- between old American settlers versus the new immigrants. Urban legislators targeted services to win the votes of increasing foreign workers maligning the democratic electoral process. Too aggressive amassing and building of wealth and power triggered the economic crash of 1873 when the government’s major investment bank, financer of government reconstruction loans and the Northern Pacific Railroad, crashed (Bancroft, 1902). For many years, new business management styles were practiced by corporations, every time cleaning up failed ventures with hopefully better alternatives. Many times, the finance and investment sector failed but lessons were dealt with outmost concern for capital and development-oriented sources. As population grew in cities, people moved to occupy the western territories. Development gradually followed increasing the number of states joining the union. At the same time, America had growing concern for the rapid growth of the British Empire. Following British example, America colonized territories and expanded the home base and also the market for its produce. American industrialists pushed for westward progression, integrating the continent-wide unified market reducing production cost and increasing value per output of production enabling American working class to earn higher than counterparts across the globe. Higher wage was initially purported by higher bid of wage levels experienced in the pre-industrialization era using slave-labor and eventually sustained by capitalism during the reconstruction period despite the increase in laborers and economic conflict many years after. Nevertheless, the labor force and farmers suffered greatly being dependent on businesses that supported their sources of income (McElvaine, 1993). The years of depression was a roller coaster ride for most corporate giants who still reap the most benefit even during economic downfall. During World War I, America tapped the international market (McElvaine, 1993). They penetrated into countries that did not have resources for food production. US production increased to cater to the needs of incapacitated economies. With its strong capitalist foundation, the US took advantage of World War I devastation across Europe and Japan (Olson, 1988). Forced to reduce trade barriers, Europe, Japan and their colonies were opened to globalization, with efforts initiated by American powers. Development of farm machinery automated farming practices and increased US production. The US became the world’s foremost producer of agricultural products in power economies like Europe and Japan were destroyed. The downside, farmers became all the more dependent on new businesses offering loans, transportation, equipment manufacturers and middle men who facilitated crop entry into international markets. Though, when the war ended, competition became stiff forcing America to make internal changes to beef up industrial efforts. This led to the development of advertising and marketing strategies encouraging people to consume. People wanted to get away from the prolonged depression and rode with the bandwagon, buying what advertisers offered. A mass culture of consumerism proliferated. This was made possible even for people who would not afford through the credit system, promoting instant access to commodities and luxuries and deferring payment with terms (McElvaine, 1993). Many US bankers reached across the globe and lent European countries for post war reconstruction. Economic instability after war did not go along US banks’ objectives and increased the risk of non-payment of loans. This would eventually lead to the Great Depression affecting businesses and communities worldwide. The entire financial industry suffered leading to property and business closures (Olson, 1988). The imposition of higher taxes on imports caused local markets to patronize locally manufactured goods. However, other countries retaliated by imposing high taxes on US exports, resulting in less foreign trade profits and eventually less power in international market penetration (McElvaine, 1993). The growing rate in stocks investment of major industrial companies caught the attention of many. Stock buying became a trend, relying in the belief that this will make people rich. The Stock Market Crash of 1929 marked the domino economic disruption made vulnerable by unequal distribution of wealth and banking problems. Renewed global strategy in achieving international trade through humanitarian and democratic efforts became America’s initiative to promote global security. Priority was also given to secure citizens through provision of social welfare. State-governed economic planning organized nationwide industrial regulations to propel the rise from the Depression. Powerful American businesses have lobbied for rights in exploring resources in other countries despite conservative and anti-colonialism proponents in US government limited US economic expansion. However, open trading between economies leveled the playing field in production and markets. The Progressive Era marked a turning point of US imperial power into a more humanist and democratic torch bearer in an effort to resolve the problems and issues brought about by industrialization and urbanization. Leaders focused on long-term goals, core values and implementation of development programs. Reformists, including President Franklin Roosevelt in the New Deal, sought to end monopolies, destroy political corruption and lessen the gap between the affluent and poor. Through the New Deal, authorized nationwide assistance to socio-economic development of individuals. Agencies were set up to provide employment, regulate mortgage and housing conditions, administered social security, consumer rights and raised funding for education, food and drug safety. Concerns of the working and business class were brought together (Mintz, 2006). Progressive ideologies affected political, social and cultural movements in the local and eventually made impacts on international human rights revolution and the initiation of international governing bodies to secure international relations in politics and economics. Radical changes in international standards and relationships were fostered. The UN and the NATO was founded in 1945 and 1948, respectively. The US became stronger despite its diversity. Operation Breadbasket was launched to increase employment of cultural minorities. From its indistinguishable character, America’s economic, social and technological transformation continues to awe the world. Today, its mandate for democracy and freedom still thrive and inspire other nationalities. References Bancroft, H. (1902). The Financial Panic of 1837. The Great Republic By the Master Historians Vol. III. Retrieved 11-5-2008 from http://www. publicbookshelf. com/public_html/The_Great_Republic_By_the_Master_Historians_Vol_III/thepanic_ce. html Engerman, S. and K. Sokoloff. (2000). Technology and Industrialization, 1790-1914. In The Cambridge Economic History of the United States, Vol. II. Cambridge: Cambridge University Press. McElvaine, R. S. (1993). The Great Depression: America 1929-1941. Three Rivers Press. Mintz, S. (2006). Learn About the Progressive Era. Digital History. Retrieved 11-5-2008 from http://www. digitalhistory. uh. edu/modules/progressivism/index. cfm. Oberholtze, E. (1917). A History of the United States since the Civil War, Vol. 1. Macmillan. Olson, J. (1988). from World War I to the New Deal, 1919-1933. Historical dictionary of the 1920s. New York : Greenwood Press.

Thursday, August 29, 2019

Black Vision Essay Research Paper Ralph Ellison

Black Vision Essay, Research Paper Ralph Ellison was born in Okalahoma, March 1, 1914 he was the grandson of black slaves in the South. His life was full of achievement he attended Tuskegee University from 1933-1936. In 1936 he moved to New York where he met the novelist Richard Wright, and subsequently became associated with the Federal Writer? s undertaking. Ellison achieved international celebrity with his release of? Invisible Man? in 1952 in the undermentioned twelvemonth the novel won the national book award. Ralph Ellison passed off in 1994, but he left behind him a bequest of African American civilization that many had non seen earlier. In many of Ellison? s works he writes about the Black image in America, or the? black vision? . Ralph Ellison? s black vision humiliates the black race, makes them experience inferior, segregates them, but still Ellison has hope for America, and he believes that the black race should cover with the? black vision? independently. This is best proven by the short narrative? Flying Home? , a critical essay written on Ellison, and a powerful statement given by Ralph Ellison. The affecting short narrative? Flying Home? is the narrative of an injured black pilot who lies on the land in physical hurting, as he deals with the hurting of deriving credence in a white society. Todd expresses his feelings on siting the old black adult male? s ox into town in this extract: ? Yes, and humiliation was when you could neer be merely yourself, when you were ever portion of this black ignorant adult male? 1 Ellison expresses here through the pilot that white America will neer be accepting of inkinesss. Blacks are viewed as being on a lower platform, while the Whites hold some type of high quality over them. Todd does non desire to be associated with the old adult male because the old adult male represents to Tom all that is incorrect with Black America. He is non good educated, hapless, and speaks ill ; Tom sees this as the g round why inkinesss are non genuinely accepted into society. Therefore he refuses to be associated with him in anyhow giving the medical assistance he genuinely needs. Another ground Todd does non wish to sit into town is he does non wish to be recognized for his defect. Todd feels that when he makes a error a white individual will non keep it against merely him, but instead his full race. Therefore Todd and the remainder of black America can neer have true equality because of the nescient attitudes of the white people. Through? Flying place? Ellison shows the rough universe of the? black vision? of America. Todd is Ellis on? s tool for depicting the black vision of America. Furthermore? Flying Home? and a critical essay on Ellison prove that although the vision of inkinesss in America is unfair, it is something that Ellison thought African Americans must cover with. A critic of Ralph Ellison? s work Ernest Kaiser wrote an essay called? Negro Images in American Writing? . In this essay Kaiser writes? To Ellison Negro life in America is simply portion of the general human status of western adult male to be mastered separately by each Negro as a adult male. ? 2 In this review of Ellison? s? black vision. ? Kaiser clearly states Ellison? s position on the adversities of black life in America. Ellison best represents the ideals of the? black vision? in? Flying Home? . In one peculiar scene where the old black adult male describes his vision of Eden is really symbolic of the? black vision? . ? There I was sho? but they tole me I better come down cuz us colored folks had to have on a particular type of harness when we flew. That was how come they wasn? T wingi ng. Oh yes an you had to be excess strong to wing with one of them harnesses. ? 3 When the old black adult male goes to heaven he sprouts wings, but is supposed to utilize them with a harness. This is symbolic of Ellison? s? black vision? , and how a black individual must larn to cover with battle. To wing with a harness a black adult male must hold excess strength. Just as on Earth for a Blackman to digest the? black vision? in America a black adult male must be mentally strong, must hold great endurance, to set up with the battles of humbleness, stereotypes, and dual criterions placed upon their shoulders. Ernest Kaiser clearly states the fact that Ellison believes the? black vision? should be dealt with on an single degree. Ellison proves this in the short narrative? Flying Home? Although Ellison? s? black vision? is mostly seen in? Flying Home? , Ellison still remains optimistic about America in general. Ellison is ounce quoted stating? If the universe has potency to resuscitate and do us free, it besides has the power to blind, imprison, and destroy. ? 4 Ellison believes that the universe including America is capable of fantastic things. At the same clip it is besides capable of all the things the black vision has accomplished. The? black vision? embarrasses the black American society, it is degrading, and condescending towards inkinesss, but Ellison supports that the black race trade with the issue themselves, and maintains a positive attitude for hope of get rid ofing racism. 320

Wednesday, August 28, 2019

Questions And Answers Concerning Theory Assignment

Questions And Answers Concerning Theory - Assignment Example The meaning of the purpose of the study refers to the objective or expected outcome of the study and what the researcher hopes to achieve from conducting the research. A nurse leader can use descriptive statistics as a baseboard by which to form the justification for the proposed course of action. Properly interpreted, descriptive statistics can be very convincing in their portrayal of the efficacy of a proposed solution to a problem or implications of the use of a specific method. Through practice, I have used and experienced the use of descriptive statistics in support of specific evaluative procedures or changes in procedural methods used to treat patients. The interpretation of a well-researched article or series of articles detailing successful application of the procedural methods on patients with the same or similar afflictions can serve as a justification for trial procedures within the institution or demonstrative research to determine if this method would be effective in yo ur facility. Class 1: Question 2 Confidence intervals are used in research to assess the reliability of the results obtained (Confidence Intervals, 1999). The confidence interval is defined as the area within a measurement which determines the precision of the measurement (Confidence Intervals, 1999). However, this measurement performs a higher function than to simply tell the researcher the range of the variables around the estimate (Confidence Intervals, 1999). The confidence interval also tells the researcher how constant the assessment is (Confidence Intervals, 1999). A stable estimate shows stability within the research and the method conducted so that when the research is repeated, the same values would reappear or come relatively close to the values obtained within the model (Confidence Intervals, 1999). If the confidence interval is unstable, concurrent research will produce notable variances and the wider the confidence intervals are in relation to the estimate, the more un stable the research results are, meaning the determinations made within the research findings may be inaccurate as well (Confidence Intervals, 1999). A major controversy surrounding the question of the significance of statistical research versus clinical research is that, in statistical research, the sample selected may not be wholly representative of the population in question (Beyea & Nicoll, 1997). If the sample size does not accurately reflect the nature of the population being analyzed, the data collected can not be relied upon to make relevant inferences regarding the populace in question (Beyea & Nicoll, 1997). If the data collected for analysis within a statistical test, the results of the analysis will be equally flawed (Beyea & Nicoll, 1997). Clinical trials do not rely on statistical data, but on the actual raw data from examination of the elements within the circumstances under question. For this reason, clinical analysis is purported to be more accurate because there is less likelihood that the data will be flawed, although the chance remains that the sample group will not be wholly representative of the populace. I also think clinical trials are more accurate for this reason. Class 2: Question 1: The mid range theory selected was Advancing Technology, Caring, and Nursing, which was

Tuesday, August 27, 2019

PV92 practical Assignment Example | Topics and Well Written Essays - 1750 words

PV92 practical - Assignment Example This would, therefore, mean that the genomic DNA is not protected from degradation by the cellular enzymes released during the isolation protocol of the DNA. Response to Question 2. In order to carry out a PCR, one requires DNA. This means a cell is important since it is the source of the DNA. The cell can also serve as a source for base pairs, enzymes and primers. Response to Question 3. There are various structures that are often broken in order to release the DNA from a cell. These include the cells, the cheek tissues, the phosholids, the nucleus, and proteinase K. this is done so that proteins along with other organically-soluble compounds are removed from chromosomes and cells. PCR Amplication. Response to question 1. It is important to have a primer on either side of the segment of a DNA that is going to be amplified because these form the four basic bases. Uracil exists in RNA, despite being a special case. Primers are vital and essential components of the synthesis. They synt hesize an RNA short piece which is complementary to the strant of the template DNA forming the bonds of hydrogen with it. This provides a DNA polymer with a starting poing which that is required for the synthesis. After the completion of the DNA synthesis, the segment of RNA is removed and a DNA replaces it. Response to Question 2. Taq DNA polymerase is the thermostable DNA polymerase that derived its name from the thermophilic bacterium called Thermus aquaticus. The T.aquaticus is a specific bacterium found in hydrothermal and hot springs vents. Response to Question 3. It is because they are the only four basic bases with uracil being is present in the RNA, although it is a special case. Components of Master mix include water, oug template, the buffer, deoxynucleotides, aum primers, template DNA and ampliTaq polymerase. The buffer is used for keeping the master mix at a suitable PH in order to make sure the reaction of the PCR occurs. Deoxynu-cleotides, in this case help in providi ng the energy and the nucleosides used for synthesizing the DNA. As widely cited, it is vital adding equal amounts of each of the nucleotide (, dTTP, dCTP, dATP and dGTP) onto the master matrix for purposes of preventing the mismatch of bases. The ouM primers are short pieces of the DNA that often bind onto the DNA template to allow the Taq DNA polymerase enzyme to start the incorporation of deoxynucleotides. The AmpliTaq polymerase is used, in this case, to add the deoxynucleotides onto the DNA template. Last but not least, there is presence of oug template that is often amplified by a PCR reaction. Response to Question 4. The DNA PCR amplification takes place in repeated cycles of the three temperature-dependent steps. In the first step, a double-stranded DNA or (dsDNA) template becomes denatured. In the second stage, the oligonucleotide primers become annealed to a single-stranded DNA also called (ssDNA) template. In this case one primer become designed specifically to anneal ont o a certain specific region found on the left side of the strands of the DNA with the other primer being designed specifically to anneal onto a specific region of the complementary DNA strand right side. In the third stage, the DNA polymerase is meant to extend on each primer in 3' to 5' direction, while duplicating the fragment of the DNA between the primers. While

Monday, August 26, 2019

Interview & Research Paper Christianity Assignment

Interview & Research Paper Christianity - Assignment Example The church is the Body of Christ that consists of Baptized whereas the local church is the place where a group of believers assemble each week for, worship, praise, fellowship and Christian Education. In general, by choosing to worship something or someone, it means that one has given himself completely and wants to be mastered by the said person or thing. Some people tend to think that one worships only in songs and prayers, but the truth is; worship is meant to be a lifestyle. As the pastor mentioned; worship is practiced both publicly and privately (Gordon). Public worship occurs each week, on Sunday’s and private worship occurs daily in our homes or other designated places. Everything that a Christian does should be a form of worship to his Creator, worship is at the very core of Christianity and all are called to worship God in spirit and in truth (â€Å"The Purpose of our Worship of God†). The Bible, which is the Christians holy book, instructs people to worship G od. In psalms 100, it states â€Å"Shout joyfully to the Lord, all the earth. Serve the Lord with gladness; come before Him with joyful singing. Know that the Lord Himself is God; it is He who has made us, and not we ourselves; we are His people and the sheep of His pasture. Enter His gates with thanksgiving, and His courts with praise. Give thanks to Him; bless His name. For the Lord is good; His loving kindness is everlasting, and His faithfulness to all generations (Daniel). This verse in the Bible explains how one ought to praise God which is a fundamental part of worship; it shows submission and thanks giving to God. Through worship, a Christian acknowledges that God is the master and the Supreme Being and that he is willing to follow his commands and teachings. Christian worship came about as a result of Jewish worship, Jesus was a Jew and when He went to the synagogue together with His followers, they would sing and praise during the Jewish festivals. As a Christian, I belie ve that worship is important, the Bible has emphasized on this and therefore all Christians are obligated to be worshippers (White 2). The main message in Christianity is love; Christians are asked to love their neighbours as they love themselves. God is love and love is the greatest thing that you can offer another person, when a Christian worship’s God; he is professing his love to Him. Christians are taught that one cannot claim to love God yet he does not love the people around him. My interviewee pointed out that he believes God the Father, sent Jesus into the world to pay our sin-debt by dying on the cross and that man is saved because he believes and accepts him as his personal Saviour (Segler and Bradley 49. When one embraces the lifestyle of worship, it means that love is solidly embedded in all that he does, even to his enemies. The bible states that one has to be a worshipper, true worshipper to be precise. This means people who embrace worship in everything they d o not just when it is convenient or on Sundays. Failure to worship means that one does not acknowledge God in all he does and that he is not following the teachings of the holy book. Therefore one cannot claim to be a true Christian if he does not worship God and as a result he misses out on the blessings that are supposed to come his way and the gift of eternal life; which is life after death. A life free of pain, suffering and hardship as characterized by life in the world as we know it. But a person who worships as is required of him receives

Social Media Essay Example | Topics and Well Written Essays - 1250 words - 4

Social Media - Essay Example Social media differentiates from traditional/industrial media in many aspects such as usability, reach, frequency, quality, permanence, and immediacy. There are many effects, which stem from internet usage. The role of social media in marketing is to use it as a communication tool that makes the companies accessible to those interested in their product and makes them visible to those that do not know their result. It ought to lie used as a tool that creates a personality behind their brand and creates relationships that they otherwise may never gain. This not only creates repeat-buyers, but customer loyalty as well. Fact is social media is so diversified that it can be used in whatever way best suits the interest and the needs of the business (Tini, 2011). Social media depend on mobile and web-based technologies to create highly interactive platforms through which individuals and communities co-create, share, discuss, and modify user-generated content. It introduces pervasive and sub stantial changes to communication between relative communities, organizations, and individuals. Various statistics account for social media usage and effectiveness for individuals worldwide. Some of the most recent statistics have it that Facebook remains the most-visited social network in the U.S. and all over the world. It receives over 152.2 million visitors via P.C and is multiple times the size of the next largest social site across this platform. Similarly, statistics state that Consumers continue to spend more time on social networks than on any other category of sites. To be more precise, they spend roughly 20% of their total time online via, and 30% of total time online via mobile (Smith, 2011). Social media can have tremendous benefits but also can have serious security risks for organizations. Two of the greatest risks to organizations are malware and inadvertent disclosure of sensitive information. The security risks are often cited by companies as a reason they do not a llow social media use. Seventy-two percent of companies believe employees’ use of social media poses a threat to their organizations. Their concerns are justified. Companies in the west are investing increasingly in SMM to get in touch with their customers (Capriotti, 2009). They indulge in constant interaction with their prospects in order to understand their needs and hence make products better. It lies as the best way to learn from ones customers about their needs and your own shortcomings. Nonetheless, SMM is a very personalized way of advertising and promotions can lie targeted only to specific groups, which are interested in a particular domain, quite unlike conventional advertising. According to a report by researchers, the incidence of malware is increasing on the most popular social media sites including Facebook, MySpace, and Twitter (Smith, 2011). There are currently more than one thousand companies compiling comprehensive databases about individual consumers, a va st increase in just five years. Rather than engaging in mass marketing, they focus on gathering as much information as possible about specific people to engage in targeted or profile marketing. By compiling layer upon layer of information about specific individuals, they are able to produce a profile based on income, lifestyle, and an enormous variety of other factors. By making use of these databases, it is possible to identify people by what many would

Sunday, August 25, 2019

The Safety of Recovery Personnel and Rescue Workers Essay

The Safety of Recovery Personnel and Rescue Workers - Essay Example Such feedbacks must be forwarded and processed by the appropriate supervisors and personnel who are in charge of monitoring end results (SLAC 2009). A worksite analysis must be done and should be the preliminary step in determining what jobs and workstations are the impending sources of the problems. In the worksite analysis, exposures, problem tasks, and risks are evaluated and identified (Herman et al 1998). A valuable worksite analysis is comprised of all the jobs and work activities needed in the whole operation. As an industrial hygienist, I would personally recommend adequate inspection, research, and examination on how a certain physical or chemical hazard at the job site can affect the workers’ health before actually letting them enter the work zone; since this is part and parcel of the worksite analysis phase. The result of which will be given appropriate remedial or corrective action (Herman et al 1998). The recognition and control of hazards is relative to the utilization of environmental monitoring and methodical appraisal of hazards in order to detect the range of risks they pose that pertains to the employment of engineering and work practice controls along with other methods to contain any potential hazards, which workers may be exposed to (Herman et al 1998). The appraisal and identification of work hazards including traumas and tensions which are grounds for sickness, impaired health and creates a certain degree of discomfort to workers by way of having contact with chemicals, physical, ergonomic and biological factors is done essentially to recognize said potential conditions and eradicate or manage them through the application of any suitable corrective measures (Herman et al 1998). To decrease the adverse health hazards which employees or workers are exposed to, engineering controls must be modified and put into operation.

Saturday, August 24, 2019

Benetton Essay Example | Topics and Well Written Essays - 1000 words

Benetton - Essay Example Benetton started out on a shoestring budget. Although the first retail shop was a success, the lack of funds prevented the family from expanding. The problem was solved by appointing agents in territories to promote the Benetton products by approaching shop owners or individuals interested in opening up retail stores to buy and sell the company products. For their service, agents were paid "4 % of the value of goods shipped from the Benetton's warehouse complex in Italy." Initially, Benetton's chains of retailing clothing stores were restricted to only certain areas in Italy catering to the younger generation. As the family business grew, so did the expansion of its operations into new markets, which enabled the company to reach a wider clientele. Benetton was no longer only confined to merely "making and selling sweaters." The company began in the "manufacturing and distribution of clothing constructed from wool, cotton and other fabrics; undergarments; shoes; cosmetics; accessories ; eye wear; auto accessories; and sports equipment." The success of Benetton can be attributed to the family's strategic business plan, which they initiated from the very beginning and continued to follow for the next 3 decades. One of the strategy's used was to attract investors to partner with Benetton's "on a 50/50 ownership basis and maximum latitude given to (and minimum structured imposed) on partners. Interested parties had to have an investment of $70,000 "(to buy fixtures for a 600- to 1000- square foot shop) and the right attitude to become a Benetton shop owner." Through the years the business evolved into an entrepreneurial culture. When the Benetton family signed up new stores, they didn't have the time or patience for formal agreements, instead they started with handshake agreements. The Benetton's didn't have time to oversee every detail of the retail stores, and gave the stores the freedom to make its own choices. Even in business partnerships, the agreements were often handshake deals and structures to give the partner as much flexibility as possible.Employees continued to work with minimal supervision and were given the freedom to "do the right thing". Unlike a traditional franchise where the franchiser dictates every detail about the business, Benetton stores were refereed to a licensee, and were given many freedoms that normal franchisee are not given 2) Is Benetton a global operation Benetton became one of the dominant forces in the international apparel retailing industry through its global operations. The company's success in the international market can be attributed to the "stage-five process." The stage-five process was created with the sole purpose of testing " the market potential and the ability of partners, agents and licensees to adopt the company's model before investing large sums of management time or capital." The Benetton family relied heavily on the stage five-process, to determine how effective and successful their business would be in a new market prior to entering it. The stage-five process can be defined as: 1) Appointing a Benetton agent in a "foreign country"

Friday, August 23, 2019

Change Management Paper Essay Example | Topics and Well Written Essays - 750 words

Change Management Paper - Essay Example He came in as a tough and very aggressive manager, always demanding results from employees across all company outlets. This new approach to leadership faced initial resistance by some outlet managers who stuck to old style of business operations. His concerted efforts, together with his likeminded team, helped turn around company operations while at the same time maintaining its traditional appeal (Roush, 1999, p. 171)1. Images of Managing Change Capacity building and trainings are conducted across all management levels to keep its employees up to date with requisite skills. These are necessary in positioning the company as a leader in provision of consumer responsive business solutions. These forums changed employee attitude towards work by adopting performance based approach to management. The overall benefit associated with this culture change is increasing sales volumes. The company is introducing policy papers and action plans for instance; it implemented a Strategic, Operating and Resource Planning (SOAR) program that completely overhauled its internal environment. This improved its daily business practice and human resource management to become a store with efficient processes which improved accountability and transparency. Home Depot opened its doors for clients to engage productively in shaping organisation culture, and is now more responsive to consumer needs (Cummings & Worley, 2009, p. 14)2. Such programs give employees the much needed motivation, shifting their approach to target keeping in line with company vision, and ensuring set goals are actualised. The SOAR action plan determines resource allocation, and ensures expansion plans are done according to projected growth forecasts in individual outlets. The company appreciates sales as an important department, and this informs changes in human resource management planning to focus on capacity building and training. These initiatives improve employee performance to scale up sales in an increasingly competitive business environment. It holds an annual meeting which assesses human resource needs, and then relevant changes are made to come up with a cohesive workforce. Environmental Changes That Drove Culture Change at Home Depot Advances in technology provide management with tools that has significantly improved internal communications infrastructure. Nardelli introduced a two hour conference call every Monday where outlet managers update him on weekly activities and closing financial reports. This changed the hands off approach which restricted coordination of activities between the two managerial levels. In the meeting, they set weekly targets in their respective lines of duty, and make decisions that improve business environment in both short and long term. This Monday meeting is conducted via video conferencing and is a great contribution to improved synergy witnessed in the management (Marcus, Blank & Andelman, 1999, p.135)3. Employee empowerment strategy gave them power t o set their performance targets, and top management helped in giving the right environment to ensure the set goals are met. For instance, they channel funds for expansion strategies and product diversification to stores with realistic growth forecasts. Employee attitude towards work is completely overhauled, and this makes them be part of the change process. Signs and Reasons for Resistance to Change at the Depot Slightly

Thursday, August 22, 2019

Police officer Essay Example for Free

Police officer Essay Inspector Goole has an air of mystery around him from the start. Mr. Birling is on the bench and knows all the police officers but has never seen Inspector Goole. The Inspector tells him that he is new Only recently transferred. This makes us wonder, is it a coincidence that he has just started working in Brumley at the same time as this investigation is going on? Or maybe he knew Eva Smith personally and wanted to find out more about what drove her to suicide. We dont really know who he is and there is no evidence that he is a real Inspector so the audience are confused whether to believe him or not. We do not know enough about his character to trust him. He also has a very mysterious nature for example the way he talks to people. He chooses his words carefully and speaks weightily. He does this so that he makes sure that he is saying what he wants to say and means it. Everything he says has a rather matter of fact tome to it making the other characters think that he is always right and knows what he is talking about. Also he has a disconcerting habit of looking at the person that he is talking to. This makes them uneasy. It is like the Inspector is searching them internally and can see what they are thinking. The name of the Inspector Inspector Goole adds to the dramatic tension of the play. The name Goole is a homophone to the word ghoul which is often related to a ghost. A ghost is a disembodied spirit of a dead person i.e. it is not really there. Ghosts and ghouls are thought to be fictional to scare children. Therefore is the Inspector real or not? Is Goole his real name or is he just using the name to scare the Birlings? These questions remain unanswered throughout the play. Inspector Goole has a very awkward yet methodical way of questioning each member of the family. He concentrates on one person at a time and does not let them go until he is satisfied with the information that he has gained. When he is questioning one person he does not like to disturbed. He has a photograph in his pocket which he says is of Eva Smith and he says he found it in her lodgings. He only shows it to one person at a time and makes sure that no one else can see it. When he shows Mr. Birling the photograph Gerald and Eric are eager to see it as well but he blocks their view. When they ask him why they cant see the photograph he replies Its the way I like to go to work. One person and one line of enquiry at a time. Otherwise there is a muddle. This shows the methodical side to his questioning. Throughout his enquiries, the Inspector has remained in control. At times he has massively taken charge. In social status, the Inspector is lower than the Birlings although throughout most of the play the Birlings are inferior to the Inspector as they do not know all the information like he does. What we do not know is how much the inspector already knows before arriving at the house. Whenever he asks a question, he already seems to know the otherwise he would not be questioning them. The information he has gathered before coming to the house is by reading the diary that Eva Smith left. Maybe some pages of the diary were missing, hence the lack of information in the Inspector. There is not really any evidence that what the inspector says is true apart from everyone admitting to what they did to Eva Smith. He doesnt even show the Birlings so called diary. Therefore we arent sure if there even was a diary or if he made it all up. We are force to believe that he is telling the truth because how else would he have got that information? The audience answer to it Anyhow I already knew. He obviously has bits of the puzzle missing do not learn a great about Inspector Goole in the play. All they learn about is his character and personality; he is imposing and intimidating. We do not know any background information on him e.g. where he is from. All this does not matter because even though he is the main character the play is not about him it is about Eva Smith. The audience probably do feel a bit curious about the mysterious Inspector but their curiosity soon subsides as they try to keep up with the fast pace of the play. Before the Inspector goes he says One Eva Smith has gone but there are millions and millions of Eva Smiths left with us. From this, the family learn that they might have led someone to suicide but there are plenty more vulnerable people like Eva Smith left in the world that needs their help.  John Priestley was born on September 13th 1894. He grew up into a family who enjoyed debates. At a very young age he was caught up in debates with his friends. They all discussed politics from a socialist point of view. He expresses these ideas and beliefs in the play. In the play his socialist ideas are expressed through the characters and by exploiting some techniques and devices. Now I am going to write about the social and political climate of the day. Priestley wrote this play An Inspector Calls in 1944, but the play was set in 1912. Priestley took into account the political and social climate of not just 1944 but also when the play was set in 1912. Because of the time in between the two periods Priestley could use historical events and facts for his own use in the play. An example of this is when Birling says, Im talking as a hard headed, practical man of business. And I say there isnt a chance of war. And in the Inspectors final speech when he talks about everyone being responsible for each others actions and the world is a whole and people shouldnt be divided up into classes and social groups. I tell you that the time will come when, if men will not learn that lesson, then they will be taught in fire and blood and anguish. In both these quotes Priestley touches on the subject of war. This would have attracted the audience to what Birling was saying and they would have started to dislike him and his ideas, since the Second World War would have just finished the audience would have been upset about their lost ones and would have been interested in peoples opinions and views leading up to the start of World War One.

Wednesday, August 21, 2019

HIPAA (Health Insurance Portability & Accountability Act) Essay Example for Free

HIPAA (Health Insurance Portability Accountability Act) Essay The HIPAA is divided into two sections. Section one seeks to protect the right to continued health insurance cover for employees and their family members in the event of losing their job or shifting to another job (U. S. Department of Labor, 2010). This section also dictates limitations to group health plan benefits, which can be provided to preexisting condition to between 12 and 18 months after enrollment into the plan. However, the act does not impose such restrictions to long term plans provided separately from general health plan. This enables employees and their families to have insurance cover even after losing employment. The other crucial provision of the HIPAA is on patient information privacy (National Institute of Health, 2007). In a move to simplify and improve the efficiency of the use and transfer of health information, the act dictates for the development of rules setting standards for such operations within the health care system. The section also defines various programs for mitigating fraud activities or abuse of power in the system. On privacy, the act gives provisions for the use of disclosure of protected health care information of a patient (National Institute of Health, 2007). This is quite crucial in protecting the right to privacy and confidentiality by a patient. HIPAA also sets new transaction and code sets rule, which defines the standards for health care institutions to file their electronic claims for compensation. In addition, the act has established a security rule, which dictates new safeguard in dealing with electronic protected health information (U. S. Department of Health Human services, 2003). To ensure effectiveness as well as flexibility of the security rule, it defines both required and addressable specifications for implementing the rule; with the latter being more flexible. Therefore, the HIPAA protects employee health insurance cover after loss of change of job and safeguards protected health information use and disclosure.

Tuesday, August 20, 2019

Cognitive Human Memory

Cognitive Human Memory Evaluate the influence of modern technology on cognitive theories of human memory Cognitive Science is a branch in the field of psychology that studies the mental processes of the people. These mental processes include attention, perception, memory, recollection and learning. Cognitive psychology is seen as an interrelated field where it intersects with other disciplines such as philosophy, computer science, neuroscience and linguistic. Out of all those mental processes that were mentioned above memory has been of great interest and most researched, for it being a very complex topic. There have been several research conducted in order to find the nature of memory. Memory is the ability of a living organism to store, retain and retrieve information. In cognitive psychology memory is divided into three stores, namely the sensory, short term and long term. The information is processed in all these three stores. This is often referred to as the information processing model. George Miller (1956) had proposed an idea that is fundamental to the information processing model. The concept is ‘chunking and the capacity of the short term memory. Miller stated that short term memory could hold only up to 5-9 chunks of information, where a chunk is a meaningful unit and it could refer to words, digits, people faces etc.,. This concept was considered to be the basic element in the subsequent theories of memory. The other theory of human memory, the multi store model was proposed by Atkinson and Shiffrin (1968). Their theory was very influential within the information-processing model. They also suggested three types of memory stores, namely sensory, sh ort term and long term stores. Sensory store holds temporary information that is acquired from the environment in an unprocessed state. The information that is given attention is processed to the short term store, some of the information is rehearsed in the short term store and passed on to the long term memory. This information is retrieved on active searching. One of the major contributions of the cognitive science to the field of psychology is the information processing model where the metaphor of ‘brain as computer is taken in the literal sense. Cognitive scientists try to study the nature of intelligence from a scientific point of view by creating computer models of the human mind that helps us in explaining the processes that take place during problem solving, remembering, perceiving etc. It is believed that if we observe how does robotics and expert systems accomplish tasks assigned to them, then we are using the Artificial Intelligence to understand the working of the human mind. However the influence of modern technologies on the cognitive theories of human memory is note worthy. It has had positive as well as negative impact. Firstly, let us look at the positive side of using metaphors of mind that are borrowed from the technological advances. The usage of computer metaphor helped in the development of important scientific breakthroughs. It led to the invention of artificial intelligence that helps people in all the fields to make better utilization of the information in order to work smarter rather than working hard. Robotics and other expert systems have also helped humans in making their life much simpler and easier. This can be considered as a major contribution of the cognitive psychology to the modern technology. The other advantage of using computer metaphor to human mind has made the understanding of the mental process involved in memory very simpler. The nature of memory was a very complex and mysterious concept initially, however with the computer analogy better understanding of the human memory has been achieved. The working of the mind is very similar to that of a computer in several ways. Computers receive information, codes it in particular format, which it can understand and when necessary it is retrieved. This is the same activity that a human mind does. They receive information from the environment, process it and store it in mind in a form that they perceive and on later stages they are able to retrieve them effectively. Thus, we ourselves can see that a metaphor of mind borrowed from the advanced technology has made our understanding very efficient and easier. So far we have seen the advantages of using metaphors of mind. However as it was mentioned earlier this concept is not without its drawbacks. Firstly the concept is overly simplistic. By using computer model as an example we do not consider the complexity of the human behavior. Understanding human behavior is a very complicated phenomenon for it involves biological, chemical, or/and psychological reactions within the body/mind before it produces any outcome or behavior. Having many things to be considered, the computer model does not make our understanding in depth, and creates a very easy picture about the mental processes of the human mind. Secondly, we can say that this concept is very hypothetical. Computer model itself is a theory. A theory is drawn out of a hypothesis, which is only assumed to be the truth and necessarily need not be the reality. In this state, trying to explain human mind in terms of computer model may not be totally accurate. Psychology being a scientific stu dy needs to conduct lab research for us to believe in any idea that they propose though the comparison between the human mind and the computer is widely accepted. Finally, I would like to conclude the essay by saying that the usage of computer analogy in the field of cognitive study has made our understanding of the human mind more convenient. For a field that is full of complexities this concept has contributed enormously in a positive way. Every aspect has pros and cons, similarly this concept also has some disadvantages that were mentioned few lines above, and nevertheless, I would personally say that the advantages have overweighed the disadvantages. References: www-psych.stanford.edu/~bigopp/Encoding.PDF http://www.aaai.org/AITopics/pmwiki/pmwiki.php/AITopics/CognitiveScience http://www.nwlink.com/~donclark/hrd/learning/memory.html http://www.learningandteaching.info/learning/memory.htm http://tip.psychology.org/miller.html http://www.cranepsych.com/Psych/Cognitive.html http://en.wikipedia.org/wiki/Memory http://www.aaai.org/AITopics/pmwiki/pmwiki.php/AITopics/Applications

Monday, August 19, 2019

The Power of T.S. Eliots The Waste Land Essay -- T.S. Eliot Waste Lan

The Power of T.S. Eliot's The Waste Land       T. S. Eliot, perhaps one of the most controversial poets of modern times, wrote what many critics consider the most controversial poem of all, The Waste Land.   The Waste Land was written using a fragmented style.   This is a style that is evident in all of Eliot's writings.   There are several reasons for his using this approach, from a feeling of being isolated, to a problem articulating thoughts (Bergonzi 18, Cuddy 13, Mack 1745, Martin 102).      Ã‚  Ã‚  Ã‚  Ã‚   What influenced Eliot the most in writing poetry was a book he read written by the English critic, Arthur Symon, titled The Symbolist Movement in Literature.   This book is about French symbolist writers of the 19th century.   From this book, the author who had the greatest influence on Eliot is by far   Jules Laforgue.   Laforgue's influence is evident in many of Eliot's poems, sometimes to the point of plagiarism.   Like Laforgue, Eliot uses dialogue between men and women that doesn't seem to communicate a thing.   Other author's had an influence on Eliot as well, like Henry James and Joseph Conrad.   All of these poet's had the common themes of estrangement from people and the world, isolationism, and the feeling that they were failing to articulate their thoughts (Bergonzi 7, 50, Cuddy 30, Mack 1743, Martin 41, Unger 8).      Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Henry James influence on Eliot's poetry is evident in the Jamesian qualities he uses.   For example, the opening verse of   The Waste Land   ends with the Jamesian note, "I read, much of the night, and go south in the winter" (Mack, 1751).   Although Lafourge, Conrad, and James were used as sources... ... real influence on mankind's morals, but he certainly impacted modern literature (Unger 36).   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Works Cited    Bergenzi, Bernard. T. S. Eliot, Collier Books, New York New York, 1972    Cuddy, Lois A., and David H. Hirsch, eds. Critical Essays on T. S. Eliot, The Waste Land.   G. K. Hall & Co., 1991.    Kenner, Hugh, ed. T. S. Eliot: A Collection of Critical Essays.   Prentice Hall Inc., 1962.    Mack, Maynard. ed.   The Norton Anthology of World Masterpieces Sixth Edition. W. W. Norton and Company, 1992: 1743 - 1770.    Martin, Graham. ed. Eliot in perspective.   Humanities Press, 1970.    Ricks, Christopher.   T. S. Eliot and Prejudice.   University of California Press, 1988.    Unger, Leonard.   T. S. Eliot.   University of Minnesota Press, 1970.