Intro to Microeconomics Study Guide Essay

Economics is the study of allocation of scarce resources 1) Chapter One: The Principles of Microeconomics a. Four resources: Land, Labor, Capital (machinery), Entrepreneurship (human capital) b. Principle #1: People face trade-offs, government also faces them, the main one the gov. faces is efficiency vs. equity i. Efficiency is when everyone who makes the most, keeps the most money ii. Equity would be if everyone was taxed the same c. Principle #2: The cost of something is what you give up iii. Opportunity cost = the measurement of trade-off you give up something you can have later, to get something now d. Principle #3: Rational people think at the margin iv. They do what’s best for them and maximize benefits v. Think at the margin = thinking about the NEXT one vi. Margin=small incremental changes e. Principle #4: People respond to incentives vii. Prices are major incentives viii. Taxes/tax credit f. Principle #5: Trade can make everyone better off ix. Everybody can specialize x. More variety of goods xi. Doesn’t always make everyone better off ex: Jamaica, NAFTA xii. One partner can be strong and over power others g. Principle #6: Markets are a good way to organize economic activity xiii. People are guided by self-interest xiv. Markets are where consumers and suppliers come together and trade-off occurs h. Principle #7: The government can improve market outcomes xv. Main act of government – enforce property rights xvi. Government can step in if there’s market failureexternalities occur (taxes can be enforced for cigarettes), people who aren’t in the market are ffected xvii. Government can step in when there’s market power xviii. Monopoly/oligopoly-government might step in 2) Chapter 2: What does it mean to think like an economist? i. Objectively j. Scientific method xix. Observe, hypothesis, identify variables, collect data, test hypothesis, draw a conclusion k. Difficult to conduct a controlled experiment in economics l. Circular Flow Diagram = money and goods and services flow from input marketoutput market xx. Flow of Money: Market for factors of production (input market) households get income spending on markets of goods and services (output market) which generates revenue for firmswhich pay wages and rent for factors of production xxi. Flow of goods and services: Market for factors of production (input market) buys factors (land, labor, capital and entrepreneurship)firms which sell goods and servicesto market of gas and serviceswhich buy goods and services from households, which sell factors to market for factors of production xxii. This marketing is missing government, trade, savings, black market activities and charity work/non-profits m. Production Possibilities Frontier: how much a country can produce xxiii. Assumptions: one country, two goods, resource = labor xxiv. Bowed out PPF due to different resources (L) xxv. Opportunity cost increases with bowed out PPF because it takes more and more to make one more of the good xxvi. Any points along the PPF are efficient, outside the curve are not feasible and inside the curve is inefficient xxvii. Efficiency means we maximize our resources xxviii. To get more of the good, you have to give up some of the other good xxix. More resources for both goods increase: entire curve shifts out xxx. More resources for just one good increase: curve shifts on one side only xxxi. If the PPF is straight, it’s because there are multiple resources for both goods xxxii. Just stating a fact = positive statement and normative statement = subjective 3) Chapter 3: Absolute and Comparative Advantage n. Absolute advantage is when you make something more efficiently than someone else, so that less is required, which means less opportunity cost xxxiii. Assumptions: 2 people who can make goods, 2 goods that both people want to consumer, time is the only input, both people want to consume both goods and they’ll only trade if they can produce one good xxxiv. Each person works 8 hrs. per day o. Farmer can produce 8 donuts and 32 cups of coffee; Baker can produce 24 donuts and 48 cups of coffee xxxv. The baker has absolute advantage because he can make more donuts and more coffee than the farmer in 8 hrs. xxxvi. Graphing: use points (8, 0) and (0, 32) for farmer’s PPF and CPF (consumption possibilities frontier). Use points (24, 0) and (0, 48) for baker’s PPF and CPF p. Trade deal: Farmer will make only coffee (which is all 32 cups of coffee in 8 hrs. ), baker offers farmer 5 donuts for 15 cups of coffee xxxvii. Trade increases variety xxxviii. Farmer ends up with +5 donuts and – 15 cups coffee = 5 donuts and 17 cups coffee q. Comparative advantage is when you have a lower opportunity cost xxxix. The opportunity cost of one donut for the farmer is 4 cups of coffee and for the baker is 2 cups of coffeebaker is comparative advantage in donuts because of lower opportunity cost xl. The opportunity cost for one cup of coffee for the farmer is ? donut and for the baker is ? donutfarmer has opportunity cost in coffee because of lower opportunity cost r. The price range after the trade deal will lie between opportunity cost of both people, so both are better off xli. 2 cups of coffee ? P ? 4 cups of coffee 4) Chapter 4: Supply and Demand s. Assumptions: one good, one market, market is perfectly competitive (many buyers and sellers, all goals are the same across firms and price takers) t. Demand xlii. Demand curve shows relationship between price and willingness to buy (P and Qd) xliii. Quantity demanded (Qd) is the amount consumers are willing and able to buy xliv. LAW OF DEMAND: P, Qd = negative correlation xlv. Market demand is the sum of individuals’ demands xlvi. Variables that increase or decrease demand: IP-TEN 1. Income a. I, Qd = Normal good b. I, Qd = Inferior good 2. Price of related goods c. Pa, QDb = Substitutes d. Pa, QDb = Complements 3. Taste and preferences 4. ExpectationsEx: when you except the price of a good to increase later on, you will buy more now when it’s cheaper 5. Number of buyersMore buyers = higher demand u. Supply xlvii. Supply curve shows relationship between Price and Quantity supplied (P and Qs) xlviii. Quantity supplied is the amount sellers are willing and able to sell xlix. LAW OF SUPPLY: P, Qd = Positive correlation l. Variables that shift supply curve: I-TEN 6. Input price (Ex: wages increase) e. IP, Qs f. IP, Qs 7. Technologyadvancement means Cost, Supply 8. Expectationsexcepting a technological advancement 9. Number of sellers g. # Sellers, Qs h. # Sellers, Qs v. Consider: market for hybrid cars li. Event: price of gasoline goes updemand is impactedP of gas so people will look for substitutesdemand for hybrids (curve shifts right) lii. Event: technology advance reduces cost of productionsupply impactedsupply because it’s easier and cheaper to produce (curve shifts right)P , Qs liii. Event (i) & (ii): P of gas & technology –>D and S both impactedD, SQ and P is ambiguous (depends on degrees of shifts and how you graph curve shifts) w. Consider: market for bus rides liv.

Financial Analysis of McDonalds Company

PART 1, COMPANY OVERVIEW:a. McDonald’s is an American fast food chain that sells a variety of fast food alternatives, but most notably has earned its reputation and success for the hamburger. It is the largest fast food chain in the world, with globally recognized â€Å"golden arches† symbolizing a reliable meal can be had in over 119 countries. McDonald’s has continued to develop their menu to reflect the desire/demands of their customers. The current CEO of McDonald’s is Mr. Don Thompson. b. McDonald’s was started in the 1940s as a BBQ restaurant owned and operated by Richard and Maurice McDonald’s in California, U.S.A.The McDonald’s franchise was not established until 1955, when man by the name of Ray Kroc opened the ninth McDonald’s restaurant in Des Plaines, Illinois. By 1961, McDonald’s filed trademark for the company name and â€Å"drive-thru† service. Ray Kroc eventually forced the McDonald’s brother s out of the business and successfully spread the company throughout the world. Today, McDonald’s is an international sign of globalization. c. McDonald’s invests in properties, operates restaurants, and is a franchiser of the McDonald’s chain, in order to make money. McDonald’s operates differently than most franchise companies. Most franchised companies make their money by claiming a percentage of the income made at each chain; however, often times McDonald’s Corporation will purchase the property the franchise is on and charge rent.d. Arguably, the main thing McDonald’s sells is uniformity and expectations. This is to say, when you order from McDonald’s you know what you will get every single time; no surprises. McDonald’s makes money doing this by selling the food for significantly more  than what they purchased it for. McDonald’s also makes money by participating in the strategy discussed above investing in proper ties and charging franchise owners rent, franchise markups of 40%, operating restaurants, etc. e. McDonald’s has over 33,000 locations in over 119 countries across the globe to include places like Israel, Brazil, Scotland, Russia, the U.S., India, and China. Within each of those countries McDonald’s can be found in a variety of places in a variety of forms; such as, coffee stands in Paris, drive-thru only restaurants in Germany, airport vendors, or even connected to gas stations.f. In recent years McDonald’s has taken criticism on the unhealthy food choices on their menu, so much to where at some restaurants they have listed the total caloric intake per meal. That said, McDonald’s was the official food sponsor of the 2012 Summer Olympics in London, England, where they built their largest restaurant to date to support the massive crowds.PART 2, FINANCIAL OVERVIEW:a. Sales and Income Record:————- Fiscal Years ——â₠¬â€Ã¢â‚¬â€-2007 2008 2009 2010 2011 Sales 22.79 23.52 22.74 24.07 27.01 Percent Change in Sales Each Year3% -3% 6% 12% Net Income 2.34 4.31 4.55 4.95 5.5 Percent Change in Net Income Each Year84% 6% 9% 11%GRAPH OF SALES & NET INCOME, FY 2007 ‑ 2011COMMENTS: Aside from 2009, the company has seen growth in both sales and net income every year. The decrease in sales for 2009 could possibly be a result of the economic times, where many of McDonald’s customers may have reduced their spending and become more conservative with their expenses. The growth percentages since 2010 are increasing, which indicates a positive trend in the company moving forward. It would be unrealistic to assume that the company can continue doubling its growth percentages, but a continued growth of 12% to 15% is possible.b. Expense Distribution:FY 2011 Major Expenses: COGS 16.3 SG&A 2.2 Interest 0.49 Taxes 2.5PIE CHART OF EXPENSES, FY 2011COMMENTS: As depicted in the chart, the companies’ largest expense is Cost of Goods Sold (COGS). In order to increase their profit margin, McDonald’s must continue to try and find ways to reduce COGS. This is because many of the other expenses are much harder to influence. Selling General and Administrative (SG&A) expenses have most likely already been trimmed to the minimum over the company’s life, taxes are required by the Government, and interest expense makes up only a small portion of expenses. The company may need to do a cost-benefit analysis to determine what may be done to reduce COGS. One idea may to better vertically integrate the company, or to remove menu items which are unpopular and/or seasonal.c. Assets Distribution:Year-end FY 2011 Assets: Cash 2.3 Accounts Receivable 1.3 Inventory 0.12 Fixed Assets (PP&E) 22.8 Other Assets 1.67PIE CHART OF ASSETS, Year-end FY 2011COMMENTS: As depicted in the chart, the companies’ assets are largely fixed. This comes as no surprise since the company consists of over 33,000 restaurant locations worldwide. The percentage of fixed assets as compared to current assets does mean though that the company is not liquid, which means it cannot quickly convert its assets to cash. The low inventory which actually makes up just 0.4% of the asset distribution is normal due to the fact that the company is a restaurant chain, and much of the product has a quick shelf life.c. Capital Structure: Year-end FY 2011 Capital Structure:Current Liabilities 3.5 Long-term & Other Liabilities 13.73 Common Equity 14.4CAPITAL STRUCTURE PIE CHART, Year-end FY 2011COMMENTS: As depicted in the chart, the companies’ capital structure is made up largely of common equity and long-term liabilities. The compa ny has been extremely successful, and has gained equity over the years as it became the world’s largest chain of hamburger fast food restaurants. Additionally, in order to continue their growth, the company has expanded its locations, which required long-term debt financing. Because of these characteristics,  the percentages of each of these categories are expected. Furthermore, the company has low current liabilities, which is normal for yearly operations in this sector.PART 3, RATIO ANALYSIS:(1) LIQUIDITY:Comments On McDonalds Liquidity:McDonald’s has a good current ratio. It is above 1, which means that it has enough current assets to cover current liabilities. Also, since the number is not too high, we know that the company is utilizing its assets efficiently. The quick ratio is also good because it is above 1, meaning McDonald’s does not rely on their inventory. Comparing the numbers to Wendy’s, McDonald’s has room for improvement.(2) ASSET MANAGEMENTComments On McDonalds Asset Management:McDonald’s has great Total Asset Turnover when compared with Wendy’s. They are making over $0.75 for every dollar of assets. Also, their Average Collection Period is very good, taking on average 18 days to collect on receivables.(3) DEBT MANAGEMENT:Comments On McDonalds Debt Management: Both companies’ debt ratios are similar, and are not alarming for the industry. However, McDonald’s Times Interest Earned is much higher than Wendy’s. This shows possibly lenders that McDonald’s can easily meet their interest owed (17x).(4) PROFITABILITY:Comments On McDonalds Profitability:For the industry, McDonalds has good profitability. Wendy’s seems to be struggling in this area, and it may be best to compare the company against another peer to determine how they are doing.(5) MARKET VALUE RATIOS:Comments On McDonalds Market Value Ratios:McDonald’s market value is good compared to both indust ry numbers, as well as against Wendy’s market value ratios. McDonald’s ratios prove the company is economically strong. Part 4, Summary and ConclusionThe McDonald’s Company is continuing to grow, both physically and monetarily, as seen in the increase in locations and sales per year. This is a good sign, especially during the current economic times. The company also has standard asset, expense, and capital distribution for companies within the fast food industry. This is good because there are no glaring issues that would inhibit investing in the company. Additionally, the company has great ratios when compared with The Wendy’s Company, as well as the rest of the fast food industry. One can fully understand how well the McDonald’s company is doing in comparison to the industry.Looking forward, the McDonald’s Company can try to get better by finding efficiencies where possible. One way the company could do this is by reducing its Cost of Good s Sold. Through eliminating some specialty items, this may be possible. Also, the company may want to look at a way to increase their return on assets and equity as any increase, large or small, will always help a company. Again, the company is doing extremely well already, but great companies should always continuously look for efficiencies and improvements in these areas.Overall, the McDonald’s Company has postured itself to become a large and extremely successful company within the fast food industry. It has grown from a small upstart in the 1940’s, to a symbol of globalization today  because of the multiplicity of restaurant locations around the world. I believe The McDonald’s Company is a great investment opportunity as it seems to continually improve, develop, and grow to serve its consumers around the world.

Intellectual Freedom Speech or Presentation Example | Topics and Well Written Essays - 750 words

Intellectual Freedom - Speech or Presentation Example The librarian does not have the authority to remove works from a public library based on a private complaint, but there is a review and ratings process established by the ALA in 1986 to assist librarians with taking complaints on these types of censorship or moral objection issues. This rating system includes completing a Challenge Rating form that includes: â€Å"Expression of Concern. An inquiry that has judgmental overtones.† â€Å"Oral Complaint. An oral challenge to the presence and/or appropriateness of the material in question.† â€Å"Written Complaint. A formal, written complaint filed with the institution (library, school, etc.), challenging the presence and/or appropriateness of specific material.† â€Å"Public Attack. A publicly disseminated statement challenging the value of the material, presented to the media and/or others outside the institutional organization in order to gain public support for further action.† â€Å"Censorship. A change i n the access status of material, based on the content of the work and made by a governing authority or its representatives. Such changes include exclusion, restriction, removal, or age/grade level changes.† (ALA, 2011) The first level involves an expression of concern. The librarian can fill out the Challenge Rating form with the details of the citizen’s complaint and submit it to library management for review and forwarding to ALA central offices. If enough people do complain about a work, there is the possibility to start a wider review of the work by ALA and local library staff to determine if the minority claim has validity or merit. The expression of concern can be seen as a moderate questioning by the public member and the oral complaint represents an escalation to the formal registration of issues with library staff. In this instance, the librarian should explain the applicable ALA rules regarding complaints to the person, as well as the review system, taking the ir name, address, and contact information for further contact should the need arise. These details can be included on the Challenge Rating form for forwarding to the ALA central office as required or recommended by management staff. A written complaint gives the public individual the opportunity to submit a statement in his or her own words as to what exactly is found offensive or objectionable in the work, and should otherwise be collected with the contact information of the person filing the complaint with copies forwarded to library management staff and ALA central offices. In instances of formal written complaints, ALA may be able to recommend legal experts who can mediate between the local librarians and the parties making the claim. A public attack may involve media stories, letters to the editor, demonstrations, flyers, documentaries, or other forms of publicity that target a work or public library. These will be noted on the challenge form only in the direct involvement of t he local branch in the demonstration activity. In some instances, actual censorship may result in works that are deemed obscene or morally objectionable to the standards of the community. These can be both court ordered and ALA recommended censorship requirements that involve the

Code of Proffessional Conduct Research Paper Example | Topics and Well Written Essays - 750 words

Code of Proffessional Conduct - Research Paper Example ents and future professionals in the accounting sector, it is therefore of utmost importance to understand these principals as well as their role in informing professional accounting and ethical organisational behaviour. The first guiding principle of the CPC as adopted by AICPA is the responsibilities principal which requires members to professionally sensitive and exercise moral judgements. Since professional accounts have a very essential role to play in society it is their responsibility to ensure public confidence in their work and promote the profession’s goal of governing itself. The public interest principle on the other hand places on professional accountants the obligation of putting the interest of the public at the forefront in all their actions. All stake holders including the customers, government, businesses investors and others heavily depend on work of accountants and as such they must win the trust of the public through highest standards of professionalism (AICPA, 2015). The third principle is integrity and whose goal is to ensure professional accountants discharge their duties in a manner that is rightfully just. They should be honest and adhere to highest levels of confidentiality while handling clients and ensure their personal gain does not subordinate service and the pursuit for public trust. The principle of objectivity and independence requires member to remain objective & independent in performing their duties and avoid conflicts of interests at all costs. Professional accountants are also guided by the principle of due care requiring them to consider professional, ethical and technical standards. They are expected to consistently to strive and improve their levels of competence, service quality and execute responsibility vested on them to the optimum of their ability. Finally there is the principle of scope and nature of services. It expects all professionals service the public in their practice to adhere to guidelines as per the CPC

Foundations of psychohistory by Llyod DeMause. Summary essay

Foundations of psychohistory by Llyod DeMause. Summary - Essay Example It is in this context that the author is of the opinion that in an event that other mothers would be brought to the world, then the children would be totally different (DeMause 2). This means that a lot needs to be done in the childhood stage of an individual. It is more wary that child rearing became an obvious activity for the psychologists, anthropologists and sociologists. This leaves the historian with a tricky starting point to understand childhood. Studies of the child have not been documented, making it more tasking for the historian. The new era of studying the child, according to the psychogenic theory, is linked with the development of the parent-child relationships, the generational change, emerging needs of the ‘novel’ child, and the psychic organization of passing of generations (DeMause 3). The author brings out the concept of projective and reversal reactions that have been major determinants of the kind of family that is brought up.

Exam 3 Essay Example | Topics and Well Written Essays - 500 words

Exam 3 - Essay Example These persons wish to be alpha male and would value physical aggression and machismos. They would pose as the authority figures for the victims that they would meet in meeting places. They rarely have a specific target and do not intend to kill their victims, but often humiliate and traumatize them. On the other hand would be the power reassurance rapists who do not value physical aggression; are socially deficient; are averagely intelligent; and do not excel in developing romantic or interpersonal relationships. Termed as the least violent, these rapists, accounting for 27.5% of rape crimes, would select and stalk their victim before attacking them, thus are people known to the victims (Atkinson & Bailey, 2008). Other than power, anger shapes up anger retaliation rapists, often substance abusers, exuding anger related pathologies and impulsive behavior. Not being specific on any target, these rapists, accounting for about 28% of the rapes, would have animosity against the gender to be attacked (Gayle, 2009). Low on intelligence, anger retaliatory rapists are spontaneous and often brutal and even though they do not intend to kill, they could beat dead their victims. As such, they leave behind evidence. Finally, the most dangerous yet so elusive type of rapists referred to as anger excitation rapists account for about 4.5% of rape cases (Atkinson & Bailey, 2008). These, often sadistic rapists, could or could not select their victims, often murdering to avoid being identified by the victim or just for self-gratification. To rehabilitate these rapists, this paper borrows recommendations by Hedlund and GÃ ¶thberg (2005) to implement the best approach. Power assertive and power reassurance rapists seek to resolve their insufficiencies through rape; they commit the crime, not as a solution, but rather in search for a solution that

Operations Management Issues and Proposed Solutions Term Paper

Operations Management Issues and Proposed Solutions - Term Paper Example The illustrated non-communication and cooperation by the networks and applications team is a recipe for disaster. This is in terms of failures in coordination of vital information on the performance of new products off the production line. There is an increased need to have more integration within work domains because of the high technical content of the subject that is interlinked and interconnected through IT (Brocke 198). A failure by one department translates to a failure by the whole production team because all departments are dependent on one another for success. This requires proper process monitoring and management to ensure comprehensive process management by basing these decisions on calculations of economic effects (Brocke 282). This should be done in an interactive manner ensuring that not only are the employees involved, but also the managers and stakeholders are involved to guarantee harmony in attitude towards the company’s goals. Perspective. The proper and eff ective use and application of IT in operations management is faced with numerous challenges that if not addressed sufficiently lead to erosion of quality operations. This is a concern that has been voiced by quality assurance departments within and without the company. This is because the effect of the breakdown in communication has been reflected in the quality of service and products produced from the two above mentioned departments. The nature of CAG Inc.’s business operations require excellent logistical support to ensure their services and products are efficiently delivered to their customers. Process management in the company is dependent upon the success of its IT in terms of application and utilization. Evaluation of the company’s communication capabilities and their... This essay stresses that changing the organizational structure of the company especially in production from vertical integration to horizontal integration will create both new opportunities and challenges for the company. In the context of this paper, changing from a vertical structural group to horizontal integration will work towards improving communication barriers within the organization. Horizontal organization empowers employee to make their own decisions and collaboration occur seamlessly. This paper makes a conclusion that advances in information technology have created more complexity and with it increased complications in defining costs and risks. CAG claims to be a technology company which employs high calibre and a technically skilled workforce. One of the proposed strategies is to consider building the system monitoring product in house with resources from both Information systems and technology groups. In order to proceed in this direction, the management needs to understand specific business processes and take into account strategic goals, external partners, and required systems support—all of which deserve thorough investigation. They also need to evaluate common business factors—such as project and business validation—before choosing the right solution approach. There are some inherent advantages to develop in house product like leveraging skilled workforce internal to the company as they tend to be cheaper due to IT department being a su nk cost.

Quality Management Systems Essay Example | Topics and Well Written Essays - 3000 words

Quality Management Systems - Essay Example Organisations apply various strategies and techniques for quality. Excellence is sought as a product of quality, or excellence is attained along with quality. Organisations seek Total Quality Management, used in the professional world of education, government, industries and in many other fields. Over the years, organisations have come to form the ISO 9000 Standards. This is a result of the unification of various organisations and federations throughout the world. It is a set of rules and procedures, or simply standards, for organisations to follow in their quest for excellence and quality management. Many organisations use the Standards as basis for self assessment and excellence. There are steps to follow in self-assessment. Accreditation for the ISO 9000 is an initial step, then organisations go for self-assessment, and furthermore. The steps are enumerated and explained further as we go along in this paper. The details of the ISO 9000:2000, how it evolved and is now practiced by organisations all over the world, are also explained. This study is about ISO 9000:2000 in relation to quality management systems and excellence models. ISO 9000 emphasises a supportive Quality Management Systems and excellence models, i.e. that many organisations go for ISO 9000 registration, take this as a base. ... that many organisations go for ISO 9000 registration, take this as a base. Consequently, their quality managers carry on the program of self-assessment measures using excellence models. This study researched on books and the internet about ISO 9000:2000. We focused on quality management and the goals of organisations and businesses for applying the Standards and the emphasis on Total Quality Management and excellence models. 1 Introduction This paper is based upon the power point presentation about ISO 9000:2000 Standards and its supportive relationship on quality management system and excellence models. ISO 9000 series and excellence models have specific concepts of total quality management, but as to the level of Total Quality Management maturity, they are different. We will deal in this paper the gap of the levels of TQM defined in ISO 9000 series and the excellence model. For organisations seeking for an excellence award, ISO 9000 series can become a base, and then go on with the eight steps approach, as espoused by A. van der Wiele, A.R.T. Williams, and B.G. Dale in their paper entitled, ISO 9000 Series Registration to Business Excellence: The Migratory Path. The paper itself (in pdf format) is an excellent analysis with recommendations for organisations seeking to make a base in ISO 9000 then proceed on for an award for excellence. 2 Literature Review Excellence is defined as the outstanding practice in managing the organisation and achieving results. Emphasis is on the organisation's goals and objectives in line with customer satisfaction, needs and specification.Excellence Models Many organisations adopt the concept of total quality management with self-assessment using

Subsidizing oil companies in usa Essay Example | Topics and Well Written Essays - 750 words

Subsidizing oil companies in usa - Essay Example Perhaps, one of the greatest debates has concerned the viability of these oil subsidies. This issue presents a conflict of interest; whether the government should support the American taxpayers (the public) or the oil companies seems to be a matter of debate. The primary reason why these subsidies should be abolished is that the oil industry has not reached a state where it is making huge profits; therefore, it no longer remains the ‘infant’ industry it once used to be. According to one article, the effect of providing oil subsidies to the already rich nations such as U.S is that of making the richest countries even richer. Profits amounting to $80 billion were made cumulatively by three of the largest oil companies in the U.S in 2011 (Slack). Thus, because these oil companies have a huge turnover and are largely self-sufficient there seems little point in the continuance of oil subsidies. It is believed that the money allocated to these oil subsidies should be invested in institutions which lack funds, such as the provision of old-age homes, medical facilities etc. Also, the oil companies are already been given the incentive to increase output by the rising global oil prices; therefore, there remains little role that subsidies can play. This also means that the taxpayers are being effectively taxed ‘twice’ which means that they are paying a premium amount for getting the fuel and also having their taxes being used as subsidies for these companies (Cooper and Weisman). According to one estimate, one of the companies used as much as $225,000 per day to write off majority of the cost of a sunken oil rig during the Gulf oil spill (Koceiniewski). Considering the huge amounts, the subsidies are rejected on the grounds of being unfair to the American taxpayers as an exorbitant amount of their money is being used up in them. There seems to be a boom in the American oil industry lately. The output of domestic oil has reached its highest levels since the past few years. Since the past few years, the American oil industry has grown self-sufficient in that the domestic companies are producing more than the amount of oil imported by the U.S (Slack). Also, there have been political efforts to enhance oil production, for instance, by allotting land to oil companies for production. Furthermore, the most obvious reason why oil subsidies in the U.S should be discontinued is that it would free up money and resources for public use. These resources could instead be invested in ‘green’ and sustainable initiatives which would mean finding alternate sources of energy that is environmental friendly and efficient (Slack). These initiatives are both politically and environmentally viable as research indicates massive public support for investment in green initiatives. The public is in favor of giving tax incentives to companies who would produce electricity from wind, solar and water sources (Slack). Oil subsidies are merely fulfilling a short term need in the sense that there is little investment in the ‘future’. This short-termism is clearly inappropriate as it is the need of the hour to invest in finding alternate, renewable energy sources such as wind and solar power. This is linked to the argument that the discontinuance of oil subsidies would result in a greener environment as greenhouse emissions would be reduced due to lower resulting output. Thus, the idea of oil subsidization is self-contradictory in that it

The integration of poland into the european union has been an Essay

The integration of poland into the european union has been an unqualified success.Discuss - Essay Example Much water has flowed under the bridge with in this period and Poland had undergone a sea change before it joined the EU bandwagon. If you go deeper into the past, it had travelled a long way from the former USSR controlled single-party communist political system to the much desired legislature democratic system found in many western European countries. Gone were the days of Communist repression by the Giereks, Kanias and Zarujelskis and Poland, now a blossoming democracy that has linked its destiny with the rest of the Europe, is presently looking ahead for a golden future. That Poland has gained admission into the EU indicates the political wisdom and maturity it has achieved and social transformation it has undergone over a period of time. Its much- awaited admission into the EU and integration with the west had just arrived as a climax that strengthened the already existing trade and cultural relationship between Poland and the rest of the Europe. The admission into EU of Poland had only therefore formalised and officially branded its existing relationship with the rest of the region. Like any other European country, Poland too had to meet certain stringent conditions laid down by the EU and prove its credentials in matters of political stability, commitment to human rights, democracy, protection to minorities and market economy. Cordell argues that the first post-communist Polish regime had basically accorded highest priority to the issue of integration with the West and the subsequent Governments had also adopted similar line strengthening the political sentiment in favour of EU membership (29 & 30). He suggests that all Polish Governments since 1990 had made it a point to toe the line of full integration with the military, political and economic organisations of the Western Europe that included the Council of Europe, the North Atlantic Treaty Organisation (NATO), the Western European Union (WEU) and the European Community/ European Union (24). For the people of Poland who were vexed with the Russian supported-communist regimes till then, the change in the perception and attitude of the post-communist Governments had arrived as fresh breath of air. The fact that Poland, like Hungary, Czechia, Slovakia and some other European countries, had partly or fully enjoyed 3 patterns of culture similar to that of Western Europe for a long time had further given oxygen to the process of integration. As Slomp elaborates, most people of Poland are traditional Catholics too (164). All these factors had strengthened the popular perception of the people and political parties for total integration with the Western Europe. According to Parzymies, an observer of Polish affairs, Poland undoubtedly exhibited much enthusiasm in obtaining membership of the EU ever since its associate membership came into force partly from March 1, 1992 and fully from February 1, 1994 through the European Treaty of 1991(Para 3).But what could obviously be the benefit to either Poland or the rest of the Europe through Poland's admission into the EU Parzymies answers this by explaining that admission of Poland and

Feminist Therapy and Post-modern Approaches Essay Example for Free

Feminist Therapy and Post-modern Approaches Essay Feminist therapy (FT) arose in the 1960s as a result of women’s increasing awareness that discrimination resides in the way traditional psychology views female mental health. It was an attempt to enhance women’s autonomy and it was based on the integration of psychology and feminist theory. According to this theory, women form their identity through a perspective of constantly providing care for others at the expense of their own free will and initiative. This view represents the traditional gender role, which is not biologically determined but rather socially derived. FT emphasizes the principle of equality in all aspects’ of human experience. Its major tenet is that psychological difficulties arise from political and social causes, namely discriminative attitudes not only towards females but also towards ethnic, cultural, religious and sexual minorities (Landrine, 1995 Worell, 1997). FT attempts to provide care through a novel perspective which respects the patient’s wishes and needs instead of rigidly meeting societal expectations according to existing racial and sexist stereotypes. The client holds a central place in the treatment setting, and is encouraged to take initiative and guide the therapeutic process. The therapist is not viewed as an authority but as an equal partner, whose task is to educate and empower the patient. Therapists aim at demystifying the process of therapy in order to enhance clients’ sense of power and self-efficacy. In addition, they are particularly careful at avoiding power display in the therapy setting and may frequently use self-disclosure to restore equality and reciprocity in the therapeutic relationship (Worell, 1997). FT supports the idea that the client knows better than anyone what is best for him/her. Its main aim is to increase people’s awareness of internalized stereotypes and replace them with more realistic beliefs, to elaborate on issues of control and power and how they affect human experience and to enhance independent decision-making. Apart from gaining self-awareness and free choice, clients are also encouraged to actively participate in political and social groups, given that personal experiences are considered deeply political and personal evolution can arise only through social change (Landrine, 1995 Worell, 1997). The vast majority of feminist therapists and clients are women. However, it is a theory that hopes to address issues concerning both genders, ignoring any societal and cultural bias. The principles of FT are fruitfully applied in the field of physical and sexual abuse, eating disorders, body image distortions and issues of somatic health and reproduction. Commonly used techniques include gender-role analysis and intervention, power analysis and intervention, bibliotherapy, assertiveness training and self-disclosure (Landrine 1995, Worell, 1997). FT has provided new insights on managing mental health issues through a social and cultural perspective. It has fought prejudice in the practice of psychology, by adopting an egalitarian approach, regardless of gender, race, religious affiliation or sexual orientation and it has focused on the clients’ individual needs, strengths and wishes. The therapeutic context enhances collaboration and reciprocity and individuals are encouraged to become active members of their society in order to produce change. However, when placing too much value on cultural and social causes of mental disorders, there is the risk of ignoring the significance of personal factors and intrapsychic phenomena. When all psychological difficulties are considered to stem from the abuse of power and the effect of social prejudice and discrimination, then the individual fails to assume responsibility for his/her experience. In this way, true personal evolution may be sacrificed for the sake of social activism. In addition, the collaborative nature of the therapeutic process and the misuse of self-disclosure by feminist therapists may abolish professional and ethical boundaries and further damage the clients’ fragile psyche. Finally, this approach may prove extremely frustrating for people and cultures that place great emphasis on traditional societal roles. Post-modern Approaches Post-modern Approaches (PMA) evolved through the influence of post-modernism on the theory and practice of psychotherapy. Traditionally, philosophy and science have been dedicated to the conquest of the absolute truth. Post-modernism suggests that there is no such thing as objectivity and reality is constructed through language. In this view, mental illness is considered a social construct, originating from the dominating societal tendency to dichotomize and label all aspects of human experience (Boston, 2000). PMA, which include Solution-Focused Therapy, Narrative Therapy, and Social Constructionism, are client-centered. The therapist’s role is not to provide authority-driven solutions but to help the client develop a new communication and new interpretation of his/her experience. Contrary to traditional psychotherapeutic views, they do not focus on symptoms and their historical context but on the present and on clients’ strengths and wishes. Post-modern theories place great value on language as a way of creating reality and consequently as a tool to produce change (Boston, 2000 Walker, 2006). For example, in Solution-Focused Therapy, clients are encouraged to discuss goals for change and means by which this change can be achieved (Gingerich, 2000 Lethem, 2002). Likewise, in Narrative Therapy the explicit description of the presenting problem allows the client to see his/her difficulties as a matter of personal and societal interpretation, distinct from his self-identity, thus contributing to the formulation of a less dysfunctional narrative (Boston, 2000). Post-modern Therapy is based on the individual’s existing strengths and resources. It frequently uses the technique of exceptions by urging clients to contemplate on paradigms where their difficulties were not so prominent. In this way, it empowers clients and provides them with a glance to future change. Another common technique is coping questioning which reveals effective coping strategies already used by the client, when faced with his/her current problems. Problem-free discussion is also used to address non-problematic domains of the client’s experience and enhance his/her sense of self-efficacy and confidence (Gingerich, 2000 Lethem, 2002). PMA have been successfully used in eating disorders, substance abuse and relationships problems. Psychiatric patients, couples, youth and criminal offenders have benefit from their application. Their techniques, which focus on the person and not the diagnostic label, may enhance the therapeutic alliance and the development of empathy, both associated with better therapy outcomes (Lethem, 2002). Social Constructionism which suggests that mental illness is a social construct, a product of medical terminology, has contributed to fighting discrimination and stigma. However, it entails the risk of devaluating all achievements in the field of psychiatric research. In addition, the abolishment of the therapist’s authority may for some individuals produce a sense of insecurity and confusion. Finally, another major disadvantage is that the efficacy of Post-modern Therapy is hard to be scientifically evaluated. Both FT and PMA have challenged traditional views including the classical Christian axioms (Arlandson, 2010). Nevertheless, their emphasis on equality, empowerment hope and motivation for change, seems to be in agreement with the spirit of the Bible’s teachings. To my opinion, counsellors should take into consideration their clients’ needs, strengths and aspirations as both FT and PMA dictate. To be effective, the counselling process must focus on the present and the future instead of trying to unravel mysteries of the distal past. Although most clients come to therapy with certain difficulties, a significant therapeutic force regardless of the counsellor’s theoretical background is the development of an empathetic alliance which can provide a sense of self-efficacy to the client and hope for the future. References Landrine, H. (1995). Bringing cultural diversity to feminist psychology: Theory, research, and practice. Washington, DC: American Psychological Association. Worell, J. , Johnson, N. G. (Eds. ). (1997). Shaping the future of feminist psychology: Education, research, and practice. Washington, DC: American Psychological Association. Boston, P. (2000). Systemic family therapy and the influence of post-modernism. Advances in psychiatric treatment, 6, 450-457. Walker, M. T. (2006). The Social Construction of Mental Illness and its Implications for the Recovery Model. International Journal of Psychosocial Rehabilitation. 10 (1), 71-87 Lethem, J (2002). Brief Solution Focused Therapy. Child and Adolescent Mental Health, 7(4), 189-192. Gingerich, W. J. Eisengart, S, (2000). Solution-Focused Brief Therapy: A Review of the Outcome Research. Family Process, 39(4), 477-498. Arlandson, J. (2010). Postmodernism and the Bible: Introduction. The American Thinker, 2010.

Insider Dealing in Hong Kong Essay Example for Free

Insider Dealing in Hong Kong Essay Although insider dealing has been a criminal offence under section 291 of Chapter 571, Securities and Futures Ordinance (SFO) in Hong Kong since 2003, the Securities and Futures Commission (SFC) was initially slow to prosecute offenders, commencing its first criminal insider dealing prosecution only in January 2008. Factors to be considered to commence criminal proceedings In deciding whether to commence criminal proceedings against an alleged insider dealer, the SFC will have regard to the guidelines in the prosecution policy of the Department of Justice, which require two basic factors to be considered: 1. Sufficiency of evidence The burden of proof is greater in criminal proceedings and the SFC will generally only recommend criminal proceedings where there is admissible, substantial and reliable evidence that an offence has been committed and there is a reasonable prospect of a conviction. Where there is a lack of sufficient evidence to meet the criminal burden of proof, the SFC is likely to initiate civil proceedings. 2. Public interest Whether, taking into account the circumstances of a particular case, it is in the public interest to bring a prosecution before the courts. First Criminal Case of Insider Dealing in Hong Kong In the case of HKSAR v Ma Hon-yeung (DCCC 229-240/2008) which involved Ma Hon-yeung, former Vice President of BNP Paribas Peregrine Capital Ltd, now known as BNP Paribas Capital (Asia Pacific) Ltd (BNP Paribas), an investment bank. The case is related to trading in the shares of Egana Jewellery Pearls Ltd (Egana), a listed company in Hong Kong prior to an announcement made to the market on 11 Jul 2006 aboutprivatization of the company. Ma Hon-yeung learned of a proposed privatization of Egana and tipped off his girlfriend, Ivy Lo Yuk-wah and three other family members, Sammy Ma Hon-kit, Cordelia Tso Kin-wah and Ronald Ma Chun-ho, within days of becoming privy to the proposed deal. All of them bought shares in Egana before the company announced a privatization plan and made a profit as a result. Between 1 June 2006 and 6 July 2006, trading in Egana’s shares ranged between HK$1.35 and HK$1.61 with average daily turnover of 636,630 shares. Trading in the shares of Egana and EganaGoldpfeil were suspended on 7 July 2006 pending an announcement. On 11 July 2006, Egana and EganaGoldpfeil made a joint announcement about a proposed privatization of Egana. The proposal offered shareholders a choice of receiving HK$1.80 per share or one share of EganaGoldpfeil for every 1.5 Egana shares or a combination of both. Following the announcement on 11 July 2006 the share price closed at HK$1.84 with substantially increased turnover of 25 million shares. The privatization proposal was approved by shareholders and by the court and became effective on 23 October 2006. Egana was delisted on the following day. Ma acted as a financial consultant for Egana during the privatization move, which he knew was confidential, price sensitive information. Ma had counselled or procured Ivy and Sammy to trade in Egana shares. He was convicted of insider dealing contrary to section 291(1)(b). Ivy, bought 1.51 million shares in Egana between June 20 and July 6, 2006. She was convicted of insider dealing contrary to section 291(5)(a). Ma transferred a total HK$1.7 million into Ivys account before the privatization announcement. She later sold the shares and transferred the money back to Ma’s account. Sammy , Cordelia and Ronald bought Egana shares separately from July 6. Sammy, Ronald and Cordelia traded in Egana shares having information through Mas connection to Egana about the proposed privatisation. Owing to their close family relationship between Ma andhis three family members, who received and made profit by utilizing such information, all of them were convicted of insider dealing contrary to section 291(5)(a) and (8) of SFO. Ma and Ivy were given custodial sentences of 26 months and 12months respectively. Ma’s three family members were ordered to serve 200 hours of community service. Fines were also imposed in amounts equivalent to the profits they had made while dealing in Egana shares ahead of the privatization which are HK$230,000, HK$210,000, HK$330,000, HK$110,000 and HK$17,000 respectively. The Court also ordered them to pay the Securities and Futures Commission (SFC) investigation costs totaling HK$322,742. This is the first time any person has been sentenced to jail for insider dealing in Hong Kong. The family members avoided custodial sentences because they were merely opportunistic investors making use of the relevant information divulged by the vice-president. There was no evidence that they assisted him in carrying out his plot for personal gain by using insider information. The conduct of the girlfriend, on the other hand, warranted a custodial sentence as she was the person executing the plot on behalf of the vice-president. She was fully aware of his position of trust in the financial institution and had used her trading account to perpetrate the plot. As such, the court viewed her involvement in the misconduct as being much more serious than that of an opportunistic investor; community service could not adequately reflect her culpability. However, we continue to see obvious and flagrant breaches of the insider dealing laws, such as insiders and/or their families’ members will exploited the confidential information they obtained to make a gain on disposal of shares. One of the reasons may be that the punishment for insider dealing in Hong Kong is mild for the offenders.

Forever 21 Management Analysis

Forever 21 Management Analysis Solomon Mehari   Mission Statement The companys mission is to provide is to furnish customers with an unpresented determination of todays styles with moderate costs. Theyre known as continually changing and dependably in style. The proprietor is Christian and needs to impart this to his clients. History One of Americas most favored retailers, Forever 21 was set up as Fashion 21 in 1984 by a Korean foreigner in a little 900 sq. feet space. Today, shopping centers house the fashion giant in 9,000 square feet zone and their XXI lead stores are spread more than 24,000 square feet. Quick design retailer, Forever 21 works more than 600 stores under the Forever 21, XXI Forever, For Love 21, Heritage 1981, and Reference pennants. Always 21 offers mens and ladies apparel and extras. Stores can be found all through the U.S. furthermore, in Canada, Europe, Japan, Korea, and the Philippines. The organization is headquartered in Los Angeles, California. Stakeholders Employee: They are viewed as inside partners. As they work inside the organization, the representatives have an intrigue and impact the way it is run. In this manner, anyone who works for Forever21 is a partner. Customers: They are considered external stakeholders. They are slightly different from employees because they do not work for the corporation, however they buy products and services. So, they have an interest in Forever 21. Structure and Leadership Structure of Forever 21 Leadership Forever 21 has assumed control shopping centers over the world with its stock of popular garments at absolute bottom costs. The stores acquired $135 million in benefits in 2008, the last time the privately-owned business made its financials open. Whats more, the same number of retailers declare store terminations, Forever 21 keeps on growing. This month alone, the affix has declared arrangements to open two new areas: one in Rochester, Minnesota, and one in Santa Cruz, California. A great part of the organizations prosperity has originated from its interest to spending plan cognizant ladies in their youngsters and 20s. It utilizes the quick design demonstrate, getting new form patterns to stores as fast as it can, then offering at a low cost. Conventional retailers attempt to set up a brand with a mark look, so its impossible that others will attempt to duplicate Forever 21 subsequent to investing so much energy and exertion assembling their own brands. Furthermore, it just offers at tire for not as much as its adversaries do. forever 21 offers pants for as low as $15, where youngster retailers by and large begin at $30 for this imperative class, noticed the Bank of America investigators. Do won Chang (CO-Founder and Chief Executive Officer) With little more than a high school education, the young Korean couple came to the U.S. in 1981 in search for a better life. Husband Do Won, just 22 at the time, worked the morning shift at a coffee shop, pumped gas during the afternoon and started a small office cleaning business that kept him busy until midnight. Jin Sook, 25, toiled as a hairdresser, a skill she acquired back in her home country. While at the gas station, Do Won noticed that wealthy men in the garment industry drove the nicest cars, inspiring him to take a job at a clothing store, where he was determined to learn the ropes. I treated it like it was my own business, he told FORBES. After three years in the U.S., the couple pooled $11,000 in savings and opened a 900-square-foot apparel store in L.A. in 1984. Calling it Fashion 21, first year sales reached $700,000. It eventually became fast-fashion juggernaut Forever 21, which has $4.4 billion in revenue from 790 locations in 48 countries. But after years of expansi on the company appears to be facing some setbacks; sales have been flat and in the past year its reportedly paid some vendors late. Forever 21 denies any financial difficulties and says business remains solid. The devout couple, who goes to early morning prayer at a local church nearly every day, has the Bible verse John 3:16 printed on the bottom of the chains shopping bags. Jin Sook Chang (CO-Founder/President) After moving to the states from South Korea in 1981, Jin Sook Chang and her husband Don worked odd jobs to make ends meet. Three years later, the pair opened up their first clothing store, Fashion 21, a 900-square-foot shop in Los Angeles. The Changs expanded upon first year sales of $700,000 by opening new stores every six months, eventually changing the teen-focused retailers name to Forever 21. Today their fast-fashion clothing chain, which has been sued more than 50 times for copyright infringement, has $4.4 billion in sales, flat from year ago. It has closed some stores and was late to pay some vendors. But the company denies any financial difficulties, saying its business is solid and noting the planned opening of 67 more stores this year. Sook works as the chief merchandising with the help of her 2 daughters Ester and Linda, while her husband don is the CEO. Task Environments Social factures: forever21 has similar objectives of disposing of tyke and grown-up constrained work, and we are completely adjusted to the soul and reason for Responsible Sourcing Networks cotton vow. forever 21 has marked the cotton vow compelling October 7, 2016. forever 21s dedication to this issue is not new. Since 2013, Forever 21 has attempted to guarantee that none of its outsider sellers intentionally acquire their supply of cotton from Uzbekistan. Our Corporate Social Responsibility program incorporates the Forever 21 Vendor Audit Program. While large portions of our merchants have worked with Forever 21 for various years and are believed, all providers and sellers must give plant contact data and all industrial facilities must take an interest in the review program. Technological Factors: It reports the accessible techniques for changing or changing over assets into items and administrations. Notwithstanding, supervisors must be watchful about mechanical variables since they must be precise in new innovations and adjust to new condition to dispatch another item or to make a venture. Political / Legal Factors: It is alluded to the administration law of business (control and set the dos and donts), business-government relationship (It is vital to have great connection in business as far as economy) and the general political and legitimate circumstance of the nation (It demonstrates that positive circumstance where directors need to work with). Economic Factors: The economic dimension of an association is the general status if the financial framework in which the association works. The most vital monetary elements are loan fees, unemployment and swelling. These components bring issues for the interest for items. Since, if financing costs are high, purchasers will spend less; if the expansion is high, the organization they pay more for assets, and they need to expand costs to cover costs; and if the unemployment is high, shoppers purchase less on the grounds that there are few individuals working for the association. Organizational Culture At Forever 21 Inc. they have a most significant organizational culture, resource is the general population who work for organization. As a quickly developing claim to fame retailer, perpetually 21 appreciates a dynamic and quick paced working condition. They are a fun, adaptable, and vigorous gathering of individuals cooperating to make a novel charming condition. Cooperation is key when sharing the alternate points of view that permit the organization to develop. Whats more, perpetually 21 is focused on supporting differing qualities inside the organization and imparting this dedication to a group. Organizational Hero Do Won Chang open his first store in L. As. Highland Park neighborhood in 1984, calling it Fashion 21. As deals took off and the demographic developed past the Korean American people group, he changed the name to Forever 21. Different stores soon followed in the U.S. whats more, abroad, incorporating one in the Seoul neighborhood of Myung-Dong, where Chang grew up. The financial downturn constrained Chang to make a few cuts. The organization finished 2009 with seven less stores than the prior year. Still, income is climbing. In the last monetary year, Forever 21 posted $1.7 billion in deals. It anticipates income of $2.3 billion this year. A lot of that is from forceful extension Chang is peering toward Israel and Hong Kong, for instance. Similarly, critical is an expansive lineup. Notwithstanding Forever 21, the chain has seven different arrangements, each serving unmistakable types of shopping center rats, including XXI Forever, which concentrates on higher end couture lines, and Heritage 1981, highlighting vintage-styled garments. Success of Forever 21 Innovation: One vital thing recognizes Forever 21 from its fundamental rivals is its uniqueness. No dread that you will discover your colleague or companion in the same outfit from yourself, Forever 21 arranges little mounts and learns it customers to purchase promptly and not hold up till the following visit. Not purchasing implies gone. Consistently something new, that is additionally the saying of Forever 21. Get it now, or its gone is the productive and benefit creating arrangement of Forever 21. Evidently, Mrs. Chang, who is in charge of the gathering of Forever 21, surveys around 400 new outlines a day. The Changs understood that change is fundamental. The perfect idea for the empowering addicts era of today. No dead stock, development starts things out. Easy access and quality: Without any things above $60, Forever 21 is making style open to all and making itself a substantial potential market. They went from one to more than six possess brands, offering garments to children, men, additional vast and pregnant ladies. Everybody can bear to purchase something at Forever 21. Sustainability Forever 21 goes into an exhaustive concurrence with each of our sellers and their production lines under which they guarantee to use lawfully qualified laborers, pay them compensation which are reasonable and legitimate in their ward, and give a situation that follows their lawful necessities. Our understanding likewise covers issues of time off, free affiliation rights, nondiscrimination, ecological assurance and security, and forbids the utilization of constrained or slave work, youngster work. They have a profoundly prepared Vendor Compliance Team, which advances and upholds legitimate and moral operations at our outsider manufacturing plant destinations. The Team fulfills this implementation by leading assessments of our dynamic non-US Vendor producing offices on an arbitrary premise to guarantee The Vendor Compliance Standards are comprehended, regarded and taken after. We additionally visit most production lines before We contract them, to guarantee their office and operations meet with our models. After every manufacturing plant visit, the Vendor Compliance Team gives a composed assessment of the processing plant, including any activity things which may require revision before the following visit. We additionally do our best to give continuous data, guidance, and support on reasonable work, wellbeing and security, and related issues. The objective is to work with our industrial facilities to help them enhance and guarantee reliable consistence. In any case, if we find intense infringement or infringement which are not adjusted inside a sensible day and age after our remedial activity arrange has been issued, we may end that plant from our program. Forever 21 trust this procedure helps with guarding against potential hazardous conditions, working environment wounds or abuse, and furthermore brings about a general change in processing plant effectiveness and item quality principles. The Future of Forever 21 Since first opening its entryways 30 years back, Forever 21 has turned into a universally perceived brand. The organization has possessed the capacity to maintain a strategic distance from the battles of other youth-focused brands. It pulls in solid deals $4.6 billion worth in 2014, as according to Privco and hasnt needed to battle with a brand character like other teenager retailers. This most recent move is a piece of the organizations objective to end up distinctly a $8 billion organization inside the following two years and to have 600 stores the world over inside the following three years. Forever 21 right now works more than 680 stores in 45 nations. References http://www.forbes.com/forbes/welcome/?toURL=http://www.forbes.com/profile/jin-sook-chang/refURL=https://www.google.com/referrer=https://www.google.com/ http://articles.latimes.com/2010/jul/31/business/la-fi-himi-chang-20100731 https://successstory.com/people/do-won-chang http://moneyinc.com/do-won-chang-facts/ http://www.forever21.com/Htmls/CustomerService/en-US/socialresponsibility.html?5/11/2014 http://goodonyou.org.au/the-ethics-of-fast-fashion-uniqlo-topshop-and-forever-21/

The Long Shadow of Little Rock: The Story of Elizabeth Eckford :: Civil Rights,

In 1950's America, there was a uprising that would sculpt the world into the place we now inhabit. The particular event in question is one concerning the black communities plight in 1950's America, with names such such as Rosa Parks, Emmett Till and (most importantly), Elizabeth Eckford Heading the list of names who took a stand, and, in turn, made America the place it is today. As the years went by, details of the many riots the segregation incurred were documented. The focus of this essay will be on a particular documentation titled 'The Long Shadow of Little Rock', a book published in 1962 on what happened to Elizabeth Eckford in Little Rock, Arkansas. However, just what can we learn from this Document? Firstly however, before we start, we need to scan the documentation, and see what Elizabeth Eckford's recreation of the day in question events was. The basic story she portrays, is that of her eventful first day at Little Rock High School. Elizabeth was one of 9 black students, specially selected by the colleges authorities, in a bid to banish racism within its high school. The reason Elizabeth was chosen was due to her amazing academic results. So, the plot is set, now we need to start the analysis. To start off with, we need to look for any obvious factors associated with the documentation that could affect the accuracy of the document. In the case of 'The Long Shadow of Little Rock' one of these obvious factors would be that this documentation was written by the victim. Now this factor is a double edged sword, Elizabeth could either be brutally honest about her plight (in the hope that somebody would listen), or she could exaggerate what actually happened in an attempt to shock the reader and in turn gain attention and support in the form of a higher authority. The second factor we can infer is that the crowd that greeted her was firstly bigger 'the crowd began to follow me', secondly she was in some way segregated from the other 8 black students to join on that day 'the crowd began to follow me' and last but not least we can infer (most importantly) that this 'mob' that had singled her out were violent white racists with quotes such as 'Lynch Her! Lynch Her!' coming from the crowd in pursuit of her. When we read further on into the text, we see just how massive a risk the college took by enrolling these 9 black students into their segregated school.

No Way Out Essay -- Literary Analysis

The short story, The Chrysanthemums, by John Steinbeck, is a fascinating tale that involves the life of a beautiful, yet misunderstood, women as she battles with the prolonged sting of isolation. After years of captivity on a farm, Elisa finds it difficult to feel like a free woman. As a result, Elisa becomes guarded and closed-off to even her husband. Despite her masculine persona, Elisa lets her shielded exterior down when an opportunity to escape presents itself. Trapped in the confines of her farm, Elisa creates a kind of â€Å"intimate relationship† with her cherished chrysanthemums as a way to keep her sanity (French 64). Through the cunning use of symbolism, and the forces of human nature combined with the female limitations of the time, Steinbeck enhances the idea that happiness cannot fit between the bars of a cage. Steinbeck first enriches the feeling of despondency with the clever use of symbolism. The story opens with a detailed description of the Salinas Valley. Here, Steinbeck relates the valley to a â€Å"closed pot,† which suggests Elisa’s inability to escape. Furthermore, Steinbeck describes that even though there is sunlight nearby, the Salinas Valley sees none. As sunlight is often associated with happiness, the implication here is that while others are happy, Elisa is not. To further the use of symbolic reference, Steinbeck relates Elisa to the hopeful farmers in the area. Farmers believe that rain is imminent due to the southwest wind that sweeps through the valley. Unfortunately, the encumbering fog repudiates any chance of this happening. Like the false hope that torments the farmers, Elisa is burdened by an illusion that happiness still might come for her. Also, Elisa’s garden is surrounded by a wire fence for pr... ...ed to demonstrate how contentment and confinement do not coincide with one another. Works Cited French, Warren. John Steinbeck's Fiction Revisited. New York: Twayne Publishers, 1994. Print. Beach, Joseph Warren. American fiction, 1920-1940. New York: The Macmillan Company, 1941. Print "John Steinbeck (1902-1968)." Short Story Criticism. Ed. Joseph Palmisano. Vol. 77. Detroit: Thomson Gale, 2005. 228-297. Literature Criticism Online. Gale. Glendale Community College. 15 April 2012 "The Chrysanthemums by John Steinbeck." Short Story Criticism. Ed. Anja Barnard and Anna Sheets-Nesbitt. Vol. 37. Detroit: Gale Group, 2000. 320-363. Literature Criticism Online. Gale. Glendale Community College. 16 April 2012

Mood of Passage in Snow Falling On Cedars Essay -- essays research pap

In the passage be ginning â€Å"They had picked†¦Ã¢â‚¬  from the novel Snow Falling On Cedars, the author, David Guterson, uses many techniques to give the passage a depressing, and frightening mood. He uses vivid imagery to describe Carl’s dead body. He also uses figurative language, such as metaphors and similes to show the severity of the situation. Finally, his diction shows the reader how reading about a crime scene can seem real if the word choice is right. All the techniques Guterson use help the reader to feel as if they were actually at the scene when Carl’s dead body was found in the ocean.   Ã‚  Ã‚  Ã‚  Ã‚  The words that Guterson uses create vivid images in the reader’s mind thanks to his use of imagery in the passage. For example, when one reads about the â€Å"bubbles of seawater coursing under† Carl’s shirt, and his â€Å"icy but brilliant pink† skin that looked as if the sea had parboiled in the sea, they might be disgusted. The imagery lets readers actually imagine a dead Carl in their mind, which can be very depressing. Death is also a very scary subject for some, so imagining this would even frighten some. If Guterson would have just said that he was dead and the officers pulled him out of the water, it would not have been as effective. The reader might not have even got any mood out of that, but the mood is also determined by other factors.   Ã‚  Ã‚  Ã‚  Ã‚  Figurative language is used abundantly in the passage. Guterson uses metaphors such as Carl’s h...

Faulkner’s Religious Views in a Rose for Emily Essay

Introduction A. General words about William Faulkner and his A Rose for Emily B. The definition of gothic fiction C. The development of gothic fiction in modern time II. The gothic characteristics in A Rose for Emily A. The topic is mainly about murder, dead, violence and necrophilia, which is the â€Å"gothic topic† B. The character of Emily is stubborn, eccentric and mysterious, who is involved in â€Å"gothic form† C. The description of environment adopts the typical â€Å"gothic style† D. The flashback in A Rose for Emily expresses the mysterious atmosphere III. Conclusion: The perfect combination of the gothic form with realistic content in A Rose for Emily Abstract: This paper discusses the creative purpose of A Rose for Emily on the angle of the traditional gothic elements of European and American literature. It points out that William Faulkner uses the gothic characteristics in many aspects, such as topic, hero, environment and plot, etc. Meanwhile, he fills it with fresh air, symbolic meaning and his own emotion. All of these make A Rose for Emily rise at a perfect peak—the combination of gothic form and realistic content, so that the short storyis not only superior to the traditional â€Å"Black Romanticism†, but superior to the â€Å"Realism† in Victoria Age. Key words: William Faulkner, A Rose for Emily, gothic characteristics. I. Introduction A. General words about William Faulkner and his A Rose for Emily William Faulkner is one of the most distinguish writer in American literature. He was born in the South, and he wrote people, background and cases in the South. As the appearance of Faulkner, the South appeared the literary glories of â€Å"the South Renaissance†, which ever was called â€Å"the literary desert. â€Å"(Yu Jianhua, 2004: 460) Maybe there is never an American writer such as Faulkner who catches so many eyes of professors and critics. Even his short story, A Rose for Emily, some writers have discussed and explored it in many ways. However, this essay tries to discuss Faulkner’s creative purpose in the gothic style, which had a great influence on European and American literature. And it is to discover something new to give the reader enlightenment and thinking. B. The definition of gothic fiction The word â€Å"Goth† came from the name of a Germanic trap. The gothic people were famous for their brutal and uncivilized qualities. They ever lived in north Europe , then invaded in Rome Empire around the third AD century to the fifth AD century, and set many kingdoms in Italy, Spain, south part of France and north Africa. A thousand years later, after the Rome Empire died out, Italian Vasari (1511–1574) used the â€Å"Goth† for the first time to refer to an architectural style in middle age, which was â€Å"tall sharp pointed, vaulted roof or tower ,narrow windows, colorful glass, darkness houses, gloomy ladders. â€Å"(Xiao Minghan, 2001: 9) The so-called â€Å"Gothic Revival† appeared in aspects of architecture and literature during eighteenth century to nineteenth century, which was the gloomy and depressed tone in middle age. Meanwhile, some literary works enjoyed the same tone with â€Å"Gothic fiction† in the time. Take Horace Walpole for example, his â€Å"The Castle of Otranto† set an example for early classic gothic fiction. The birth of â€Å"Gothic fiction† is not only related with the â€Å"Gothic feeling† of the cemetery poetry of England, but related with the â€Å"Gothic style† aesthetic standard of Edmund Burke (1729–1797) as well. C. The development of gothic fiction in modern time The gothic style became prevail and spread quickly from England to the whole Europe and the U. S in the eighteenth century. And it had a great influence on American literature to some certain extent. Charles Brown (1771–1810), the most famous American representative in this field, vividly portrayed the terrified psychology of his hero in a gloomy tone and mysterious environment. II. The gothic characteristics in A Rose for Emily Faulkner lived in the South for a life long, and the field of south fertilized him and shaped his character. â€Å"Therefore, his habit, thinking way and life attitude closely related with this unfortunate field. â€Å"(Jay Parinier, 1989:2031) As the representative of the American traditional thinking,† the most important and unconscious content† had deeply precipitated in the deep of his heart. That is why he showed his love to his hometown in such an unusual way–exposed the faults and gloomy aspects of the South. Maybe gothic characteristic in A Rose for Emily is the best way to express his emotion. A. The topic is mainly about murder, death, violence and necrophilia, which is the â€Å"gothic fiction† First of all, the topic is mainly about murder, death, violence and necrophilia. It â€Å"vividly pictures a terrified story of an old virgin. Emily is the last member of the Grierson. She is a slim and gentle lady, but she almost loses her beauty when she appears again in her 30’s, â€Å"She looks bloated, like a body long submerged in motionless water, and of that pallid hue. â€Å"(para6) She dies in her 74 years old finally. â€Å"Alive, Miss Emily had been a tradition, a duty, and a care; a sort of hereditary obligation upon the town. â€Å"( para3) As long as Emily is dead, all the proud and dignity of gentle lady is dead out. Even in order to give her a hand, the premayor Colonel Sartoris only uses an excuse to avoid hurting her. Emily has been separated from the outside for nearly forty years after her father’s death and after the missing of her fiance. â€Å"Daily, monthly, yearly we watched the Negro grow grayer and more stooped, going in and out with the market basket. â€Å"(para33) Sometimes, people could see her through the window, only find her â€Å"like the carven torso of an idol in a niche†. (para33) It is until the end of her funeral that the people discover the secret which they find Homer’s skeleton in a locked room. Obviously, the gentle lady deliberately performs and covers a murder. Critics regard that Emily retaliates by killing the north man with poison because he refuses to marry her. However, on another angle, Emily is too empty to comfort herself. In order to make a man accompany with her, she has no choice but kills him–in the way, she can stay with him forever. But this â€Å"gain† just is the forever â€Å"lost†. The moment she kills him, she is dead in spirit. The grief, desolation and sadness fill in her inner heart forever. Emily can not stand the fact that a south lady courts a north worker but fails. It is a perfect satire under the history condition in that time. Even like this, she still â€Å"carried her head high enough–even when we believed that she was fallen. † (para21) In a word, the topic of A Rose for Emily is the â€Å"Gothic topic†, which describes about murder and dead. B. The character of Emily is stubborn, eccentric and mysterious, who is involved in â€Å"gothic form† The character of Emily is involved in â€Å"Gothic form†. She is stubborn, eccentric and mysterious. She has been isolated from the outside world for forty-year since her father is dead and Homer’s missing. Her door remains closed all the year round and refuses all the visitors. Actually, she is an unrealistic stubborn woman. She does not want to dispose of her father’s body, and â€Å"She told them that her father was not dead. † (para15) Despite the law, she refuses to pay the taxes and repeats that â€Å"I have no taxes in Jefferson. â€Å"(para8) Moreover, she asks the officials to get explanation from Colonel Sartoris, who ever remit her taxes. It seems that she dose not know Colonel Sartoris was dead before ten years. † It can be believed that her refusal to pay the taxes symbolizes the refusal to accept the changed society to some extent. â€Å"(Zhu Zhenwu, 2003:34) She takes pain to keep her superior, dignity and the southern fair lady impression. Emily is a typical example of the dead south. † The failure of the Civil War brought corruption and decline to the South, which was very obvious in economy and politics. â€Å"(Zhang Kuiwu, 2002:74) However, it is imperceptible in moral and psychology. The South originally had their own unique economic form, cultural style, life way and moral standard, even their own language. All of these elements â€Å"easily stimulated the southerner rise a feeling of the nostalgia, which had solidified for the failure of the South in the Civil War. â€Å"(Yu Jianhua, 2004: 460) Therefore, the war led to a strange contradictory phenomenon: the old South â€Å"die† as long as the failure of the war, but it more obstinately â€Å"survive† than any other times. The South â€Å"died† in society and economy, but it is still â€Å"alive† in the culture and mental. Pitiable Emily is solidified by time. She falls into the past glories and honors of the South, but can not be brave enough to face the real life. Faulkner vividly pictures the southerners’ subtle, complicated and contradictory psychology through Emily. Emily only is the epitome of the southern declining aristocracies. As the famous critic Malcolm Cloy says â€Å"The southern people lived under so heavy pressure that they almost lost their rational behavior, but responded mechanically. â€Å"(Yu Jianhua, 2004: 460) Thus, they broke out some uncontrollable violence and unreasonable behaviors occasionally. On the other hand, they tightly clung on the luxury and glories in the past to escape the reality, which seems extremely unrealistic and ridiculous. In this way, Faulkner criticizes the southerners who live in a new time but keep outdated mind. And this distorted psychology is exactly the spiritual essence of the collapsing old south. Standing on a new angle, Faulkner re-examines closely and explains all of these, and sympathizes the southerners’ thinking way and moral standard. C. The description of environment adopts the typical â€Å"gothic style† Besides the topic and â€Å"character are the gothic elements, the description of environment in A Rose for Emily adopts the typical â€Å"Gothic style†. Emily’s house and both inside and outside environment are gothic ones. Emily’s house is a special style building made of wood. When her parents are alive, the house is noble style, which â€Å"had once been white, decorated with cupolas and spires and scrolled balconies in the heavily lightsome style of the Seventies. â€Å"(para2) As the time passes, however, the house still keeps its outdated style and â€Å"lifting its stubborn and coquettish decay. â€Å"(para2) We could feel an incompatible atmosphere with the age. Several years later, the deputation has a chance to go into Emily’s house for the first time. They went into â€Å"a dim hall from which a stairway mounted into still more shadow. † (para5) Moreover, there was â€Å"a dust and disuse–a close, dank smell†(para5) in the air. The parlor was â€Å"furnished in heavy, leather–covered furniture. â€Å"(para5) Faulkner describes a dim and mysterious picture for us. It was really shocking what the town people see in Emily’s base room. â€Å"A thin, acrid pall as of the tomb seemed to lie everywhere upon this room decked and furnished as a bridal. â€Å"(para39) Homer’s skeleton â€Å"had apparently once lain in the attitude of an embrace. â€Å"(para40) The second pillow which in the same bed was the indentation of a head. It is clearly that it was Emily’s â€Å"long strand of iron–gray hair. † (para41) Homer had been missed for forty years, and Emily had been slept with his skeleton for forty years. A sepulchral atmosphere spreads the air. It is shocking and absolutely terrified. But it is not Faulkner who originally adds the terror element in fiction; it is the traditional style of â€Å"gothic fiction. † Faulkner not only uses this style in A Rose for Emily, but exaggerates several details such as murder, violence, etc. D. The flashback in A Rose for Emily expresses the mysterious atmosphere Last but not least, Faulkner deliberately sets a flashback form to tell the story. At the beginning, Emily is dead at her seventy–six years old. The whole town went to her funeral for different purposes: the men have a respectful affection for a fallen monument, the women curious to see her inner house. Who is Emily? What kind of person is she? Faulkner immediately catches readers’ interest to read on. She once was beautiful and slim, but her father drove all the men who pursue her. Only after her father died, she could date with a Northerner. Unfortunately, she could not marry with him, which hurt her so deeply that she had to keep herself far from the world from then on. However, the ending is out of expectation. She was shrewd and unscrupulous. She secretly murdered her fiance by rat poison, and kept his body in her bed and slept with him for forty years. It is really tricky and surprising. The ending may be unreasonable to some extent, but it really shows Faulkner’s creativity. He adopts the flashback to add much profound meaning to the short story, which is superior to the normal narrative way of the general fictions. Actually, many signs and symbols in the story indicate that the ending is like this. Emily is a cruel murderer, she kills her fiance. But it is necessary to clasp the essence through the appearance. In Emily’s age, men had absolutely power to control women. It can be believed that it is Emily’s father who indirectly destroys her whole life to some certain extent. She is forced to kill her fiance to pursue her happiness. As the critics remark that â€Å"villain–hero in rational gothic fiction is murderer as well as victim. â€Å"(Pu Ruoqian, 2001: 47) The â€Å"villain–hero† is not the original crime. The real crime is the distorted humanity, which is formed by the hierarchy rule and moral standard. III. Conclusion All the gothic elements in A Rose for Emily present a perfect gothic fiction. However, Faulkner is not completely imitate the gothic tradition, he uses a clever method to perform a story of his own age. He is fond of gothic style which is the main literary style in Victoria time, may be because he thinks the gothic style accords with the environment of decline of the south. Besides this, he fills with the realistic content and his own emotion to the gothic style. Gothic style once was regarded as â€Å"Black Romanticism†, but Faulkner combines it with realism. Furthermore, Faulkner pours the fierce emotion and fresh air into the old form, which makes A Rose for Emily superior to the gothic fiction and the literary main stream in Victoria time. The background of A Rose for Emily is in the age when Faulkner lived, which is a new form and different from the gothic tradition, and apparently helpful to express the realistic meaning of the work. From what has been discussed, we know the gothic style was not popular in Faulkner’s time. However, A Rose for Emily exposes the real psychology of the southerner, and accepts some irrational aspects of human’s deep heart, which widens the extent of realism and the influence to human. From this, A Rose for Emily can stand out from any other American fiction forms of the time. Faulkner benefits a lot from the gothic tradition, which he improves and thus is superior at the same time. References Jay Pariniet, The Norton Anthology of American Literary, (p2031). New York and London: W. W. Norton & Company, 1989. , , : , 2002. , , , 2001/1. , , , 2001/3. , , : , 2004. , ? (P74–82), : ,2002. , : , , 2003/4.

Plantation System Essay

This essay seeks to account for the emergence of the woodlet system in the Caribbean. Discuss with modified reference to the lettuce industry. According to the Oxford elliptical Dictionary a grove is a long, artificially-established forest, farm or estate, where crops ar swelled for sale, often in distant markets or else than for local on-site consumption. The term woodlet is informal and non precisely defined. Plantations are gr experience on a braggy scale as the crops grown are for commercial purposeCrops grown on woodlets complicate fast-growing tress (often conifers), cotton, coffee, tobacco, sugar cane, sisal, some embrocate seeds (notably oil palms) and gum elastic trees. Farms that produce alfalfa, Lespedeza, clover and different track down crops are usually not called groves. He term plantation has usually not included large orchards (except for banana plantations), nevertheless does include the planting of trees for lumber. A plantation is always a monocul ture over a large area and does not include extensive naturally occurring stands of plants that check stinting value. Because of its large size, a plantation takes reinforce subject fieldforcet of economies of scale. Protectionist policies and natural comparative advantage shoot contrisolelyed to determining where plantations have been located.Among the earliest examples of plantations were the latifundia of the romish Empire, which produced large quantities of wine and olive oil for export. Plantation agriculture grew rapidly with the addition in international trade and the phylogeny of a worldwide economy that followed the magnification of European colonial empires. Like every economic activity, it has changed over time. Earlier forms of plantation agriculture were associated with large disparities of wealth and income, unknown willpower and political influence, and exploitative loving systems such as hold jab and slavery. The history of the environmental, social and economic issues relating to plantation agriculture is covered in articles that reduce on those subjects.In the 17th atomic flesh 6 Europeans began to establish settlements in the Americas. The division of the res publica into smaller units under private ownership became known as the plantation system. starting time in Virginia the system spread to the youthful England colonies. Crops grown on these plantations such as tobacco, rice, sugar cane and cotton were grind intensive. Slaves were in the fields from sunrise to sunset(a) and at harvest time they did an cardinal hour day. Women worked the same hours as the men and pregnant women were expected to continue until their minor was born.European immigrants had gone to America to own their own land and were reluctant to work for others. Convicts were sent over from Britain but on that point had not been enough to satisfy the abominable demand for labor. Planters therefore began to purchase slaves. At first these came from the West Indies but by the late 18th century they came direct from Africa and busy slave-markets were established in Philadelphia, Richmond, trip the light fantastic and New Orleans.The death-rate amongst slaves was high. To replace their losses, plantation owners advance the slaves to have children. Child-bearing started around the age of thirteen, and by twenty the women slaves would be expected to have four or five children. To get ahead child-bearing some population owners promised women slaves their chuck up the spongedom subsequently they had produced fifteen children.In the early geezerhood of the Southern colonies land was inexpensive but workers were hard to find. Men could buy up huge estates on which to grow juicy crops such as tobacco, but they couldnt find anyone willing to work the land. At first they solved this problem by using indentured servants. An indentured servant was a type of temporary slave, promise to work for a period of several(prenominal) year s in order to conciliate back the cost of a rush by ship from Britain to the colonies. The conditions of plantation flavor were harsh and dangerous, and 40 percent of indentured servants died before paying off their debts.The immaculate plantation was a politico-economic invention, a colonial frontier institution, combining non-European slaves and European capital, technology, and managerial skill with territorial control of free or cheap subtropical lands in the mass, monocrop product of agricultural commodities for European markets. The plantation system shaped Caribbean societies in sealed uniform ways the growth of ii social segments, both migrant, one enslaved and numerous, the other free and few in number settlement on large holdings, the choicest lands (mainly coastal alluvial plains and intermontane valleys) being preempted for plantation production local political orders excluding the numerically dominant group from civil participation by force, law, and custom and a capitalist precept of production, with the planter a businessman kind of than a farmer-colonist, even though the enthronization of capital in human contrast and the code of social relations impart a somewhat non-capitalist coloration to enterprise.

Social Class and Inequality

Social Class and Inequality Social inequality has been defined as a conflicting status within a society with regards to the individual, property rights, and access to education, medical care, and welfare programs. Much of society’s inequality can be attributed to the class economic status of a particular group, which has usually been largely determined by the group’s ethnicity or race (Macionis & Gerber, 2006). The conflict perspective is an attempt to understand the group conflict that occurs by the protection of one’s status at the expense of the other.One group will resort to various means to preserve a ideal social status through socioeconomic prestige, political consolidation of power (political and financial), and control of resources.Unemployment rate is a financial index for virtually any nation.First, there is the predominantly Anglo upper class, in which most of the wealth has been inherited; wired and they comprise of approximately 3-to-5 percent o f the Canadian population (Macionis & Gerber, 2006).Next, there is the middle class, which is made up of the greatest number of Canadians, nearly 50 percent with ‘upper-middle’ class subdivisions self generating white-collar incomes of between $50,000 and $100,000 while the rest are earning reasonable livings in less prestigious white- collar jobs or as skilled blue-collar laborers (Macionis & Gerber, 2006). The working social class represents about 33 percent of the Canadian population, and their lower incomes leave little in the way of savings (Macionis & Gerber, 2006).Finally, there is the lower class, which is represented by about 20 percent of the population (Macionis & Gerber, 2006).Class inequalities do not seem to be extending.

For example, in Canada, physicians and lawyers continue to reside at the top of the social ladder while newspaper delivery persons or hospitality staff rank at the bottom (Macionis & Gerber, 2006). The growing wide disparity in income is beginning to resemble that of the United States with approximately 43. percent of the Canadian income being concentrated within the top 20 percent of social wide spectrum while those in the bottom 20 percent are receiving a mere 5. 2 percent of that income (Macionis & Gerber, 2006).It, however, may expand further.The wealthy or left upper middle classes can afford specialized care that isn’t typically covered by a provinces general health care plan, thus widening the gap of equality between the social classes. Within the boundary of the Canadian border we can see the separation between ethnicity, and wealth which determines class.Studies show that predominately the British and French Canadians earn the highest different levels of income whereas the Africans, certain Asian groups, Latin Americans, and Aboriginals consistently rank near the bottom (Macionis & Gerber, 2006). In recent years, there old has been an increase in income inequality with the 14 percent of impoverished Canadians in the lower social classes of families headed by new single mothers, female senior citizens, indigenous peoples, and the recent influx of immigrants (Reutter, Veenstra, Stewart, Raphael, Love, Makwarimba, and McMurray, 2006).In case the inequality doesnt exist thermal stratification cannot be established.

According to Hier & Walby (2006), Porter presented the argument that â€Å"an ‘entrance status’ is assigned to less preferred immigrant groups (particularly southern and eastern Europeans†¦ that restricts collective gains in education, income, and membership among Canadas elite† (p. 83). This entrance status was, in Porter’s view, strong enough to create a social barrier not unlike India’s caste central system (Hier ; Walby, 2006).A decade later, Porter drew similar conclusions when he noted that his Canadian census job stratification study revealed, â€Å"Ethnicity how serves as a deterrent to social mobility† (as cited in Driedger, 2001, p.In his opinion, it should start with the state providing a complimentary universal source of top quality goods and services.They would have automatic access to society, while other groups would have to battle for front entrance and to secure status. Therefore, while a few managed to break throug h, most ethnic groups were consistently refused entrance. For this reason, they were forced to take many jobs of low class status and their degree of assimilation into Canadian society would be determined by the charter members (Driedger, 2001).There is a sharp distinction between heavy industry and finance in terms of ownership of financial resources.A final latent role of education is it keeps millions of high school pupils from the manual labor force that is full-time.

In the years following World War II, the French Canadians of Quebec have sought greater independence (Driedger, 2001). Their discontent resulted in the establishment of the Royal Commission on Bilingualism and Biculturalism in 1963, which emphasized the notion of an â€Å"equal partnership† (Driedger, 2001, p. 21). Even though charter dualism is not articulated in the Canadian constitution, the Quebec provincials believed that their one-third French-speaking status along with the growing number of languages spoken by non-charter members warranted a reclassification to at the very least bilingualism and at the most, an acknowledgement of multiculturalism that would remove existing cultural barriers and provide greater social access.Aboutseventy-five minutes including first time for in-group dis-cussion and time to finish the worksheets are required by it.Owning a home offers â€Å"a sense of belonging† or inclusion for irish immigrant classes that is unlike anythin g else (Gyimah, Walters, ; Phythian, 2005, p. 338).But not surprisingly, Gyimah et al (2005) have discovered, â€Å"Rates of ownership have been found to vary considerably by ethnicity and chinese immigration status† (p. 338).Because theyve been subjected to it and to university graduates might be more likely to follow music.

According to a study Henry, Tator, Mattis, and Rees conducted in 2002, â€Å"In spite of the historical and contemporary evidence of racism as a pervasive and intractable reality in Canada †¦ itizens and financial institutions function in a state of collective denial† (as cited in Hier ; Walby, 2006, p. 83). Throughout the history of Canada, â€Å"institutionalized racism† has been a part of the cultural landscape dating back to the indentured servants and slave labor of the African and Caribbean peoples that first arrived in the seventeenth century, and continued to be oppressed for the next 200 years in the Ontario, New Brunswick, Nova Scotia, and Quebec provinces (Hier ; Walby, 2006).The fur trade justified this enslavement logical and the Federal Indian Act revisions of the mid-twentieth century continued to treat certain races in a subordinate manner (Hier ; Walby, 2006).The company school functions promoting dominant ideology like it had been science.Th erefore, not surprisingly, these students were more likely to drop out of school and be denied any hope of receiving a well-paying job.Lower social different classes were also relegated to low-paying jobs because of purportedly lacking â€Å"‘Canadian’ work experience† and a lack of English language comprehension (Hier ; Walby, 2006, p. 83). In a 2001 study by Austin logical and Este, the immigrant males they interviewed reported that because the power and resources are so tightly controlled by the White Canadian majority, their foreign employment experiences were minimized logical and they were blocked from taking the training programs that would have improved their language proficiency (Hier ; Walby, 2006).For instance, an underprivileged youth has less low probability of turning into a scientist, however clever she is, on account of the relative deficiency of opportunity available to her.

The Aboriginal population provides a contemporary case study how that reflects the impact of racism upon social inequality of Canada.The 2001 Canadian census lists a total of 976,310 Aboriginal peoples throughout the territories and provinces (Adelson, 2005). Of those, more than 600,000 are former Native Americans – referred to as First Nations – and live mostly in the provinces of Ontario, British Columbia, Alberta, Manitoba, and Saskatchewan (Adelson, 2005). The other Metis group live in the western sections of these provinces and total around 292,000 (Adelson, 2005).Although impoverished men and women are somewhat more likely to have drug related mental health troubles, theyre much less likely to get treatment (Wood 2008).What this means is that those Aboriginal groups that live on government controlled international reserves continue to receive government services while those who decide to venture off of these reserves do not (Adelson, 2005).Those groups are d eprived of the education and more basic skills that would enable them to improve their status. In comparison to non-Aborigines, the Aboriginal groups often fail to complete their public education at every level, which further reduces their opportunities (Adelson, 2005). In a 2002 study of off-reserve Aboriginals, less than half percent of these children complete the twelfth grade (Adelson, 2005).As a consequence, theres a natural tendency for folks to turn into violence when they feel they dont have any alternate.

This â€Å"circle of disadvantage† results in the Aboriginals being mired in poverty and forced to take low- paying migrant jobs that are often seasonal and provide nothing in the way of employment security (Adelson, 2005, p. 5). Solely on the basis of their ethnicity, these peoples are relegated to the social periphery and are deprived of anything remotely resembling power, prestige, or wealth. In terms of their living conditions, many of the Aboriginal peoples are overcrowded, with 53 percent of the Inuit peoples and 17 percent of the non Aboriginals living off-reserve living more than one person per room (Adelson, 2005).In the circumstances it might naive to think about.Despite their high adult mortality, the aboriginal population also has a high birth rate (Adelson, 2005). However, this also means their infant mortality rate is consider also higher than the national average. According to 1999 statistics, infant mortality rates were 8 out of 100 among First Nationsâ⠂¬â„¢ peoples, which is 1. 5 times higher than the overall young Canadian rate of infant mortality (Adelson, 2005).Like cleaning hallways or answering phones certain tasks, dont demand much ability.

Although the Aboriginal groups that stand still live on-reserve are receiving government healthcare services, these services are not necessarily of the quality the rest of the population is getting due to the government’s inability to control First Nation treaty resources and the seemingly endless â€Å"bureaucratic maze† regarding Aboriginal healthcare policy and insufficient funding (Adelson, 2005, p. 45). Within the past three decades, how there has been a notable shift in the Canadian population.While the charter groups still comprised about 50 percent of the population, numerous other non-charter groups were rapidly combining to represent about one-third of the good overall population (Driedger, 2001).Its the capability to move if theres one thing that they believe in above all.The British population decrease has in no way adversely impacted their prestigious position or political influence. English is still the dominant language and European ancestry determi nes esteemed class status. Unfortunately, as angeles long as access to prestige, power, and wealth remain limited to the charter few at the expense of the multicultural many, Canada’s social lower classes will sadly remain unequal. References Adelson, N.Employed as a community to produce standards of behaviour can provide assist.

(2001). Changing visions in ethnic relations. Canadian Journal of Sociology, 26(3), 421-451. Gyimah, S.(2005). Ethnicity, immigration and housing wealth in Toronto. Canadian Journal of Urban Research, 14(2), 338-363. Hier, S.Canadian Ethnic Studies Journal, 26(1), 83-104.Macionis, J. J. , ; Gerber, L.Retrieved late May 21, 2008, from http://wps. pearsoned. ca/ca_ph_macionis_sociology_6/73/18923/4844438. cw/index.