Correlation between Oil and Gold Prices and the US Dollar

Connection between's Oil and Gold costs and US dollar The History The forex trade advertise is one of the biggest and most fluid protections trades on the planet with over $3. 2 trillion in normal day by day turnover. This compares to multiple times the normal day by day turnover of worldwide value markets and multiple times the normal day by day turnover of the New York Stock Exchange. The forex advertise is open 24 hours per day, 6 days per week, with the EUR/USD representing 27% of all out turnover. There is a lot of chance to make and lose cash in money trade. The best quality level time in the U. S. authoritatively started with the death of the Gold Standard Act in 1900. Be that as it may, it was not until World War II that achieved the requirement for an overall standard for cash esteems and trade rates. The Bretton Woods Agreement in 1944 built up two significant universal foundations: the International Monetary Fund (IMF) and the International Bank for Reconstruction and Development (presently the World Bank). What originated from this understanding was that all the world’s monetary forms would be pegged against the estimation of gold, and with the U. S. dollar on the highest quality level, the U. S. dollar viably turned into the world’s save cash. The estimation of gold was fixed at $35 per ounce until the highest quality level was adequately pulled back in 1971 as President Nixon requested a conclusion to the out-dated framework and the cost of gold was permitted to â€Å"float†. Presently, every significant money is no longer on the highest quality level yet rather is alluded to as â€Å"fiat† cash. This essentially implies a country’s own cash is naturally useless on the grounds that it isn't supported by a save, for example, gold. The worth every cash is in this manner based citizen’s impression of their economy, gracefully and interest for cash by and large, and how their money is contrasted with different country’s money. Something to consider however is 40 years prior, the world’s monetary forms used to be pegged against the cost of gold and eventually the Dollar. Presently it would not be a stretch to state that worldwide cash is on an Oil Standard. From 1944 until 1971, US dollars were convertible into gold by national banks so as to alter for any exchange irregular characteristics between nations. Up to that point, the cost of gold was fixed at US$35 per ounce, and the cost of oil was generally steady at about US$3. 00 for every barrel. When the US stopped gold convertibility in 1971, OPEC makers had to change over their abundance US dollars by buying gold in the commercial center. This brought about cost increments for both oil and gold, until in the long run oil came to US$40 per barrel and gold came to US$850 per ounce. In 1975 when the U. S. Government made an arrangement with Saudi Arabia and OPEC to just exchange oil U. S. Dollars, their â€Å"partnership† successfully gave the USD a restraining infrastructure over every single other money with regards to oil exchanging. The US has delighted in modest oil-based vitality for about a century, and this is one of the prime factors behind the extraordinary thriving of its economy in the twentieth century. While the US represents just 5 percent of the total populace, it expends 25 percent of the world's petroleum derivative based vitality. It imports around 75 percent of its oil, however claims just 2 percent of world stores. In view of this reliance on both oil and remote providers, any increments in cost or flexibly interruptions will adversely affect the US economy to a more prominent degree than some other country. Most of oil holds are situated in politically insecure areas, with strains in the Middle East, Venezuela and Nigeria prone to escalate instead of to subside. As a result of continuous fear based oppressor assaults, Iraqi oil creation is dependent upon interruption, while the danger of political issues in Saudi Arabia develops. The planning for these dangers is dubious and difficult to measure, however the ramifications of Peak Oil are unsurprising and quantifiable, and the impacts will be more sweeping than just a rising oil cost. In the mid 1950s, M. Ruler Hubbert, one of the main geophysicists of the time, built up a prescient model demonstrating that all oil holds follow an example called Hubbert's Curve, which runs from disclosure through to consumption. In some random oil field, as more wells are bored and as more up to date and better innovation is introduced, creation at first increments. In the long run, in any case, paying little mind to new wells and new innovation, a pinnacle yield is reached. After this pinnacle is reached, oil creation starts to decrease, yet in addition turns out to be less financially savvy. Truth be told, sooner or later in this decay, the vitality it takes to concentrate, ship and refine barrel of oil surpasses the vitality contained in that barrel of oil. At the point when that point is reached, extraction of oil is not, at this point plausible and the save is deserted. In the early long stretches of the twentieth century, in the biggest oil fields, it was conceivable to recuperate 50 barrels of oil for each barrel utilized in the extraction, transportation and refining process. Today that 50-to-1 proportion has declined to 5-to-1 or less. Also, it keeps on declining. The Correlation between Oil and Gold Is there a solid connection between's the costs of gold and oil? It relies upon which information areâ used to quantify. Many value development considers recommend that the connection between's the two item costs after some time is very solid. Commonly, these examinations depend on information covering broad timeframes and show that when oil increments in value, gold will definitely follow. Then again, there are connections determined from information that show a feeble connection between the two costs. The information in these cases typically spread periods as short as years or months. â€Å"From 1965 to 1994, the month to month relationship among's gold and oil tipped the scales at aâ veryâ impressive +0. 879. From 1995 to 2000, be that as it may, this relationship apparently evaporated with a negative 0. 133 reading,† as indicated by a May 2004 article by Zeal LLC. â€Å"Since 2000 however, the recorded oil and gold connection has been reestablished, presently again running positive at +0. 715. †Ã‚ It would appear that gold might be all around connected with oil in the long haul, however it isn't really so for the time being. While oil costs have detonated and gold costs have demonstrated stamped thankfulness, heroes of a tight long haul relationship between's the two inspire past recorded value developments, for example, those in last 50% of the 1970s. From the mid-1970s to 1980, oil costs rose from around $20 USD per barrel toâ more thanâ $100 USD per barrel in 2008 dollars. Gold tracked and generally quadrupled in cost during that equivalent timespan. [pic] The drawn out diagram above is additionally truly significant to help imagine exactly how intently gold and oil costs will in general associate over key time spans. On the off chance that one glances at significant common patterns estimated in years, gold and oil basically move in lockstep. Indeed, they go amiss strategically over shorter timeframes as their particular flexibly and-request impacts direct, yet as time goes on they venture to every part of a similar way. Their costs will in general sway around one another and intermittently cross on this outline. Over the whole four-decade length of time outlined on this diagram, these month to month gold and oil costs have a relationship coefficient of 0. 835 and a R-Square estimation of 69. 7%. These are extremely noteworthy numbers over such an extensive stretch of time and truly commute home exactly how intently gold and oil are interwoven. In the event that one concentrates on the extreme right half of this diagram, be that as it may, a glaring abnormality turns out to be immediately evident. Since oil bottomed close $11 in December 1998 ($13 in 2004 dollars) it has flooded up significantly in a few ensuing uplegs accomplishing a mammoth 312% bull-to-date gain. Be that as it may, over a similar timeframe gold has slacked significantly, just revitalizing by 39% or so in ostensible terms. So far the gold cost has not had the option to try and endeavor to hold equality with oil lately. Presently the main other comparable time in history when oil was solid and gold slacked was in the late 1970s. As this outline uncovers, for a considerable length of time gold slacked oil however when it at last decided to get up to speed it controlled higher intensely. Gold, Oil and Dollar Relationship The response to this inquiry starts with the recorded want of Arab makers to get gold in return for their oil. This goes back to 1933 when King Ibn Saud requested installment in gold for the first oil concession in Saudi Arabia. Furthermore, Islamic law denies the utilization of a guarantee of installment, for example, the US dollar, as a mechanism of trade. There is developing dissention among strict fundamentalists in Saudi Arabia in regards to the trading of oil for US dollars. Oil, gold and items have all been evaluated in US dollars since 1975 when OPEC formally consented to sell its oil solely for US dollars. Today, aside from geopolitical dangers in oil-creating locales, flexibly/request awkward nature from Peak Oil and expanding request from creating nations, the cost of both gold and oil can be relied upon to increment as the US dollar decays. With an ever-expanding US cash gracefully, developing triple deficiencies and mounting obligation at all levels, the US dollar is probably going to proceed with the decrease that started in 2001. Long haul pattern examination shows negative connection between's gold costs and the estimation of dollar yet gold cost doesn't build proportionately to the decreasing dollar. Market isn't easy to such an extent that each down-day for the dollar relates to an up-day for gold and each up-day for dollar compare to down day for gold. The impact may not be quick and the slacking can at some point be credited to the data hole and delay which an individual squanders in doldrums not being capable how to respond to the changes. Every day and week by week variances are not significant at all as they don’t give investigator any thought of obvious pattern and interrelationship between them. Inf

Transformational Leaders and Transactional Leaders †Free Sample

Questions: 1. Clarify your comprehension of transformational pioneers and value-based pioneers. Next, do you consider the pioneer of your task association ( COSTCO WHOLESALE) to be a transformational or value-based pioneer? Why? Give explicit guides to help your position. 2. Discover an examination article on QWL (nature of work life). Give a concise rundown about the article. Portray the significant segments of QWL programs. As you would see it, are QWL programs essential to associations? Why or why not? Answers: Presentation A pioneer can basically be characterized as an individual who can control others while the others will in general tail them. The procedure by which a pioneer by and large aides the individuals is called administration. At the end of the day, it tends to be said that, initiative is a technique by which colleagues are propelled to accomplish the comparative targets. There are different sorts of administration styles, as Autocratic, Democratic, Paternalistic, Bureaucratic, Laissez Faire, Charismatic and Missionary authority styles. Various pioneers utilize various styles of initiative, as indicated by their character. So also, there are different kinds of pioneers moreover. Be that as it may, basically, Leaders can be characterized into two kinds - Transformational pioneers and Transactional pioneers. 1. Transformational pioneers are those pioneers who are for the most part change arranged. They impact, direct and urge their adherents to realize an inside and out change. They trust in propelling and drawing in supporters with a dream of future. They are for the most part persuasive in nature and alluring in character which causes them changing their supporters. Consequently they are equipped for making a solid long haul connections which prompts a high level of trust between the pioneers and devotees which goes about as a persuasive factor. Transformational pioneers put forth attempt to accomplish positive outcomes from the laborers by inspiring them and keeping them associated with their individual employments, prompting a high prize framework. They are known as proactive pioneers. Value-based pioneers are the individuals who doesn't trust in achieving an inside and out change, they work between set built up objectives and hierarchical limits. Value-based pioneers are errand and result arranged; they lay accentuation on association, execution assessment prizes, oversight and gathering execution. Value-based pioneers are for the most part effective when they build up a fortifying situation, for which the individual and the hierarchical objectives are as per one another. Value-based pioneers request the personal responsibility of representatives who search out remunerations for themselves. Their fulfilling and discipline procedures are for the most part in customary manners as indicated by authoritative measures. They are known as dynamic pioneers. It tends to be viewed as that the pioneer of the task association, COSTCO WHOLESALE, is a transformational pioneer as the administration hypothesis followed by COSTCO WHOLESALE is Flexible Leadership Theory and one of the attributes of Transformational Leadership Theory is that the guidelines and guidelines are adaptable in nature, guided by bunch standards. In addition, in the given association, the administrators impact association level procedures that decide an organizations money related execution; they have a future situated methodology. Human capital or ability, proficiency and procedure unwavering quality, creative adjustment and adaptability are the key center zones of the given association (Blanchard, Carlos Randolph, 2010). This has lead to the achievement and continued development of the association. For instance, the given association trusts in offering some benefit to its clients and subsequently lays accentuation on imaginative adaption and puts forth attempt to give n ew and inventive items to the clients and thus it tends to be inferred that the association is change arranged, and has an away from of things to come, and consequently the pioneer is a transformational pioneer ( Weibe, 2014). The other case of the nearness of Transformational Leader, in the undertaking association, that is, Costco Wholesale, is that, the organization thinks about its workers as the most essential property or resource of the association. In this way, the organization gives remunerating difficulties, that is, serious wages, gigantic advantages, solid and safe workplace, open doors for profession, fun and testing work, badgering free work climate. All these show that the organization goes past the everyday schedule of tasks to enhance the collaboration to next more significant level, for better execution and achievement. 2. Nature Of Work Life Nature of work life is around ones employment related understanding, the general impression of a person about his activity. Nature of work life can likewise be characterized as the favourableness or unfavourableness of an occupation situation for the individuals working in an association. During the period 1969 to 1974, Quality of work life (QWL) was viewed as a joint representative boss agreeable activities, transcendently those expected to improve the results of both the individual and the association. The late 1970s and mid 1980s acquired reestablished intrigue the QWL. QWL is an overall idea and is oftentimes seen as a general solution for adapting to abroad rivalry, complaint issues, quality related issues, low profitability rates, and so on : (Yourarticlelibrary.com, 2015) During the period 1969 to 1974, scientists, researchers and association pioneers got keen on impacting a people on thejob experience. Nature of work life is likewise one of a significant mediations of Organizational Development which is a piece of Human Resource Development (HRD). Occupation fulfillment is one of the key components of estimating nature of work life as it is about how an individual feels about his activity or about his work life. Occupation fulfillment incorporates fulfillment with pay and relationship with associates. (Indianmba.com, 2015) Another significant factor to be considered is that of stress the board. The capacity of a person to oversee pressure additionally affects ones impression of his nature of work-life, it likewise is a central point in keeping up work-life balance. The more adequately and productively an individual is fit for overseeing pressure, the more effectively will he have the option to struck an appropriate work-life balance (Srivastava Kanpur, 2014). The significant parts of Quality of Work Life incorporates Correspondence Open and free correspondence is significant in work-life. One must share ones perspectives, feelings, musings and wants with his partners. This aides in decreasing worry as well as aides in building solid connections among partners. Employer stability Job security is extremely basic for every single individual, as everybody needs to feel made sure about in his activity, it additionally encourages propelling representatives to work more earnestly. Laborers support in dynamic of the association Employee interest in dynamic helps increment the trust factor of a worker towards theorganization Profession development and Reward framework QWL programs are significant for associations as it helps propelling the representatives and accordingly the efficiency increments and thus expansion of benefit happens. The article which is picked for the task is Sainsburys to cut out several UK store employments. New administration approach: For the most part, new administration approach implies change of the board, where from the view purpose of the association and an individual, the precise methodology changes. Here the above cited article is another administration approach, as eliminating the positions of higher assignment, and utilizing more ground staffs is another view to both the business and the people. Improvement of current administration systems: An inquiry may emerge in regards to the article which has been decided for the task, that, eliminating off positions are for development of the organization or not. It is extremely normal that conventional individuals will feel that the organization isn't running easily, the organization may go under liquidation, in this manner they are removing their workers. Be that as it may, there is a significant inward importance to this action. To rival the contenders of the organization, Sainsbury has chosen to cut off 800 workers of higher assignment, rather, they will fuse more ground staffs at lower cost, to work well for the clients and in this way rebuilding the organization, and set aside cash for that is fundamental for Sainsbury. The executives practice: Occupations slice off appear to be a terrible practice by the administration. In any case, in genuine it isn't. For the improvement of the organization, yet without raising the cost, that is, inside the current spending plan, the organization needs to rebuild it and rival the contenders to acquire clients. Along these lines, the administration practice isn't terrible. Outline: On the fourth seven day stretch of April 2015, Sainsbury, chose to eliminate off 800 positions from their retail location (Retail-week.com, 2015).To follow the interest of the clients they have chosen to rebuild their stores and furthermore cost sparing. Roger Burnley, the retail and tasks chief of Sainsbury has said that it was an intense choice from their part. They are striving to convey their representatives in different stores, divisions or movements remembering the government assistance of the workers (tugby, 2015) The executives issue: At the point when an organization faces monetary issues where they need to take choices to modify their structure as per the client requests, it tends to be named as the executives issue ('Journal of Management: Upcoming Issues', 2010). Sainsbury needs to take this intense choice to eliminate off 800 positions to rebuild their assets and divisions according to the client needs consequently bringing issue both for themselves and the representatives ('Journal Of Management: Upcoming Issues'). Here, the organization didn't experience the ill effects of financial issues still it is an administration issue. Since, the plan to keep up the current expense of the organization on one hand, and inside that financial breaking point, to rebuild the entire organization and to set it up for compe

A New Level of Readers Guilt

A New Level of Readers Guilt This always happens. I let writing projects pile up until I finally end up with readers block, which is kind of like a reading slump that stems from pure guilt. Because: I need to write a Book Riot Post. I need to submit three (3) personal essays to potential homes, but they need polishing, of course, which I dont want to do. I need to finish the second round of novel editsa novel, I must add, that I never planned to write until I was writing it. I need to put the outline in my head for another one down on paper. Reading is not a good way to procrastinate when it comes to word-based projects of my own. It makes me feel worse instead of better because I should be working on things Ive committed to (ahem, Book Riot). Or, I sit there and obsess about how the essays arent in such bad shape that they, as a group, need more than couple hours work to square away. Reading just reminds me that the person whose words Im not even reading, just staring at, had the fortitude to get those words published (and edited before that), unlike me, a weak-willed Putter-Offer of Big Things. A  rationalizer: this novel/project/lump of letters  veered so far off the original outline that making it was kind of pointless anyhow. So against my better judgment, I try to finish  The Killing Moon, but its so imaginative that I feel inadequate. I pick up and abandon  The Word Exchange, worrying that the internet has made me dumber. Half-ass some edits on my tablet instead of delving into  Land of Love and Drowning, which will inevitably handle Big Issues better than I can, so I might as well not bother. Devour  The Lucy Variations  but mostly to make sure that the teacher-student elements arent too close to the teacher-student elements in my own pile of words. (They arent; theyre actually much, much better. Obviously.) Then, I just make myself do it. I grab a pen, which is kind of leaky and smears ink all over my hand, and write this post down in a legal pad full of abandoned to-do lists, one with question marks at the end of every item.  This is so sad, I think.  Where is my teenage self, who wrote circles around me? Who couldve cranked out a novel that (she thought) was finished in a week? Oh thats right. She was made of time, time and angst and even some actual suffering. I just dick around too much. But I write the Book Riot post and try to make it about books, even though I havent really read enough books lately to feel like writing about them. Or not ones I felt I  had to write about. Soon, though. Its a whole new world of reader guilt for me.

The Uk Mental Health Charity Mind Essay - 1642 Words

Unfortunately, the UK mental health charity Mind says that debt is leaving thousands of people with bipolar disorder struggling to find money to eat, stay warm and pay the rent. They wrote a report stating, â€Å"People who have been diagnosed with bipolar disorder may have particular problems managing their finances. During a manic, or ‘high’ phase, people can feel euphoric, brimming with ambitious schemes or ideas, their confidence excessively high. People may spend extravagantly and build up considerable debts. Additionally, comedian and writer Stephen Fry decided to speak openly about his experiences on behalf of the charity Mind. He said, â€Å"My own bipolar condition has caused me to go on plenty of giddy spending sprees. Because so much stigma still surrounds mental health, many people can’t get a job, are on the poverty line, and can’t get credit from anyone but doorstep lenders charging up to 400 percent interest.† Moreover, Mind’s chief executive, Paul Farmer, adds that people with bipolar disorder can become trapped in a spiral of debt that further compounds their mental health problems. He believes that procedures need to be put in place that allow people to protect their finances while still retaining autonomy. It will be a good idea if customers with mental health problems should be able to ask their bank to monitor their account for unusual spending patterns, and should be treated appropriately if they miss repayments Another import thing is that there are supportShow MoreRelatedThe Importance Of Restraint And Seclusion Of The Mental Health Act ( 1983 )1524 Words   |  7 Pagesaccording to the Mental Health Act (1983), for treating individual suffering from mental health disorder (Mind, 2013). This law can be applied with or without the approval of the person involved as its ultimate goal is to prevent the person from harming himself or others (Royal College of Nursing, 2015). Ho wever, with recent incidence of injuries and even death that has occurred as a result of this kind of treatment has raised doubt in the minds of on an enormous number of people (Mind, 2013). The debateRead MoreK2172276 Words   |  10 PagesIntroduction†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ Pg. 1 2) Demographic and Statistical Information†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ Pg. 2 3) The National Picture†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Pg. 5 4) The Local Picture†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ Pg. 6 5) Relevant Local and National Organisations†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. Pg. 6 6) Health amp; social care related theories†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Pg. 7 7) Conclusion†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Pg. 7 Appendix Relevant information†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ Pg. 7 References †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Pg. 9 TMA: O5 A Report on Current amp; PossibleRead MoreAbnormal Psychology And Mental Health Essay1551 Words   |  7 Pagesset out by the Health Care Professions Council (HCPC, 2014). 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Essay about Causes of the French Revolution - 640 Words

The French Revolution was caused by many factors; some were significant and played a large role while others were of minor consequence. France was one of the richest and most powerful nations even though they were facing some economic difficulties. The French Revolution was a pivotal period in the history of French, European and Western civilization. During this period of time there was the formation of republicanism which replaced the absolute monarchy in France. Before the French Revolution Louis XVI was in power, but in due time his old regime of absolute monarchy was brought down. Some people were in favor of this revolution wanting equality and some were not. One person who was in favor of this desire for equality and change was†¦show more content†¦When prices got so high that peasants and other third estate citizens couldnt afford food there was an inevitable uprising. The peasantry became a class with the ambition to counteract social inequity and put a stop to escal ating food prices. This unrest caused a riot, known as the bread riot, which became a central cause to the French Revolution. Economics also played an important role in the French Revolution. In France there was an abundance of debt and taxation. The French monarchy managed their fiscal affairs by using an unequal system of taxation, borrowing money, or selling noble titles and other privileges. This led to a long running fiscal debt. France could not solely rely on tariffs to generate income. Although other countries had higher taxation rates, the burden on the common people was greater in France. Peasants and other third estates were taxed harshly which in good times was burdensome and in bad times it was devastating. Nobility and clergy were exempted from paying taxes. This left the peasants, wage earners, and the professional and business classes with the burden of taxes. This burden caused the unrest, which eventually led to the French Revolution. Many things caused the French Revolution. I believe that absolutism and privilege, famine, and economics were three of the most significant factors causing the French Revolution. These three elements led people to be unhappy with the current government and want to overthrow it.Show MoreRelatedCauses Of The French Revolution1119 Words   |  5 PagesThe French Revolution The French Revolution of 1789 was one of the biggest upheavals in history. You may be wondering what exactly led this to happen, but there were multiple long range causes. Political, social, and economic conditions ultimately led to the discontent of many French people especially those of the third estate. The ideals of the Enlightenment brought new views to government and society. Before the revolution, the majority of France were living in poverty. Peasants were entirelyRead MoreCauses Of The French Revolution906 Words   |  4 PagesThe French Revolution began with a corrupt monarch, and ended with the death of thousands. In 1789 the bourgeoisie (middle class) and peasants revolted against King Louis XVI and nobility, citing various reasons as cause: including corruption and a poor economy. These people, making up 97% of the population, were known as the third estate. The original purpose of the revolution was to create a constitutional monarchy, but this idea quickly became lost in the radical ideas of the revolution. HoweverRead MoreCauses of the French Revolution991 Words   |  4 PagesFor six of the eight causes of revolution, describe two events, actions or beliefs (evidence) during the years before the French Revolution that led to a developing revolutionary situation. Explain how each contributed to the revolutionary situation. Frances failed attempts at economic reform contributed heavily to the developing revolutionary situation. In August 1787, when the parlements refused to implement the Kings proposed changes to the financial system, it became clear that the Kings authorityRead MoreCauses Of The French Revolution911 Words   |  4 PagesThe French Revolution was a major turning point in all of European history. The old regime was destroyed and a new order came to be. We will talk about the causes of the revolution, when it ended, and if it was violent, Napoleon, what happened after his defeat, and some other leaders, and movies I have seen about the Revolution and how they were correct, plus other things I want to learn. The immediate cause of the French Revolution in 1789 was the near collapse of the French budget. On theRead MoreCauses Of The French Revolution750 Words   |  3 PagesA revolution is a drastic change in the way something is done, such as a government or an economy. One such revolution took place in France where the government was changed several times, many different people obtained power, and traditional ideas were questioned. The French Revolution had many social, political, and economic factors that caused it, and it was very impactful on the people of France, and on the areas outside of it. There were many causes of the French Revolution; some were politicalRead MoreThe Causes Of The French Revolution902 Words   |  4 Pagesthe French Revolution was not caused by one single phenomenon, however it can be said that the events occurring in accordance with the French Revolution were not only terrifying but when looking through our eyes just clearly wrong. The most significant reasons for the French Revolution are the imbalance of equality, power, and rights these reasons are supported by the ideas of liberty and fraternity which developed from the enlightenment era philosophers. In conclusion to the French Revolution theRead MoreFrench Revolution Causes1139 Words   |  5 Pages The French Revolution was not an event that happened overnight but rather a series of events that occurred over several years leading up to the overthrow of the monarchy and the implementation of a new government. The Primary cause for the fall of the Ancien regime was its financial instability and inability to improve upon the lives of the French people. The 4 key flaws or events leading to the fall of the regime was; the structure of royal government, the taxation system, the structure of frenchRead MoreThe Causes Of The French Revolution1522 Words   |  7 PagesThe French Revolution The French Revolution was arguably one of the most significant and controversial events in European history. It occurred during the years 1789-1799 when many French citizens became enraged with society and demanded political, financial and social change. The French people’s primary goal was to put an end to monarchy and bring reform to many aspects of French life. Inspired and motivated by the famous American Revolution, French citizens were urged to take action in orderRead MoreCauses of the French Revolution3450 Words   |  14 PagesTHE FRENCH REVOLUTION (1789-1799) The French Revolution was a watershed event that changed Europe irrevocably and ended a century of slowly increasing opposition to absolutism and the supremacy of a decadent aristocracy. The causes of the French Revolution are difficult to pin down. Therefore, we will divide them into long-term and immediate causes. Within long-term causes, we will also define intellectual, political and economic causes. Long-Term Intellectual Causes Before a movement can reachRead MoreThe Cause Of The French Revolution2375 Words   |  10 PagesThe Cause of the French Revolution Throughout history, what remains true is that the people are the ones who start a revolution. And when around 98% of a population is suffering to make a living, there is little hope for those in power. Taxes levied only on the common folk, crippling wars that left France with huge debts, and the careless spending of the upper classes ultimately lead to the start of the revolution. The main political cause was that the King had too much power but weak foreign policy

Mexican Art Free Essays

The land called Mexico has many moods and faces. Without a doubt Mexico is steeped in ancient Indian lore, seasoned with Spanish colonial customs. The array of folk art and crafts in Mexico is simply mind-boggling. We will write a custom essay sample on Mexican Art or any similar topic only for you Order Now Each region of Mexico has its own specialty, with villagers maintaining the traditions handed down from countless generations. Mexican culture is a fascinating blend of Native American traditions and Spanish colonial influences. Long before the Spaniards arrived in the 16th century, the indigenous civilizations of Mexico had developed arts such as ceramics, music, poetry, sculpture, and weaving. After the conquest, the intricate designs and bright colors of many Native American arts were often mixed with European techniques and religious themes to create a hybrid and uniquely Mexican artistic style. Numerous churches constructed during the colonial era reflect the blending of Spanish architectural designs with the handiwork of Native American workers who built and decorated the buildings. Many of Mexico’s most popular modern crafts—such as textiles, pottery, and furniture making—borrow designs and techniques from Native American culture. Mexican painting and music have also been shaped by this heritage. Indigenous influences were given a tremendous boost by the Mexican Revolution (1910-1920). During and immediately after the revolution, many Mexican artists celebrated the nation’s unique mixture of races and cultures in their work. Political and social themes from the revolution—such as efforts at land reform and the right of common Mexicans to participate in the nation’s government—were also reflected in the arts. Immediate post revolutionary governments supported the arts and contributed to efforts to make them more accessible to average Mexicans, especially in the 1920s and 1930s. The  individual most responsible for this support was Josà © Vasconcelos, a leading intellectual who served as secretary of education in the first post revolutionary government. The government was especially influential in promoting mural painting, commissioning artists to paint murals depicting Mexican history on public buildings (Hutchison, 2003). During the 1930s, painters came to Mexico from the United States to study the mural movement. Many people from Europe, the United States, and Latin America also visited Mexico as tourists in the 1930s and 1940s, increasing the popularity of native arts such as the making of silver jewelry. Paintings Mexican arts, with the exception of folk arts, generally followed European patterns during the colonial period and the 19th century. The Mexican Revolution was instrumental in fostering a new sense of nationalism and experimentation at the School of Fine Arts in Mexico City. Artists such as David Alfaro Siqueiros belonged to a group of painters who decided that content and form was as important as aesthetics. A number of these artists, including Siqueiros, were political activists as well as artists who aimed to inspire the lower classes in Mexico by creating paintings that dealt with revolutionary themes. They encouraged the development of public murals, so that ordinary Mexicans could view the work of leading artists (Martin Jacobus, 2004). Painting with a permanent medium on large walls, these muralists—including Diego Rivera, Josà © Clemente Orozco, and Juan O’Gorman—dominated the Mexican art world in the 1920s and 1930s. Other artists pursued a different tack. Frida Kahlo painted numerous small self-portraits, which captured her own vision in strange, often surrealistic presentations. Kahlo fractured her  spine and pelvis in a traffic accident as a teenager and began to paint while recovering from her accident. The constant pain Kahlo suffered due to her injuries, as well as her sadness over being unable to bear a child, are reflected in much of her work. In the 1930s Rufino Tamayo combined native folk themes with European art forms such as cubism. His work reached a much larger foreign audience than that of other Mexican artists, particularly in Europe and New York City. Tamayo was an outspoken opponent of the painting style of the revolutionary muralists, arguing that their focus on political and social themes came at the expense of artistic quality. The intense colors of many of Tamayo’s paintings and his use of flattened two-dimensional figures—a style that is common in Mexican folk or pre-Columbian art—gave his work a distinctly Mexican flavor. Manuel Alvarez Bravo, who associated with some of the leading creative photographers in the United States, such as Edward Weston and Tina Modetti, became the first Mexican photographer to reach a large international audience. He was influential in promoting photography as an art form in Mexico. See also Latin American Painting; Latin American Sculpture. Architecture From the 16th through the 18th centuries, architecture overshadowed other forms of art in Mexico. The early buildings of the Spaniards tended to be simple and practical. In the 17th and 18th centuries, however, architecture in Mexico became highly decorative and elaborate. It was during this period that many of the country’s famous churches were built, including the    Cathedral of Mexico in Mexico City. Examples of Spanish colonial architecture are found throughout Mexico. In the late 19th and early 20th centuries, the French splendors of the Second Empire style were introduced in Mexico City. This trend began under Emperor Maximilian, who ruled Mexico briefly during the 1860s, and later under President Porfirio Dà ­az. Dà ­az commissioned the ornate Palace of Fine Arts, which was completed in the 1930s. Since the Mexican Revolution (1910-1920), many outstanding examples of modern architecture have been built in Mexico. The National Autonomous University of Mexico contains many spectacular modern buildings that feature murals in fresco and mosaic. It includes a multistory library almost completely covered by mosaics designed by Juan O’Gorman. Another Mexican architect, Fà ©lix Candela, created highly original concrete shell designs for several churches and for the sports palace at the 1968 Olympic Games (Billington, 2003). One of Mexico’s most internationally admired architects, Pedro Ramà ­rez Và ¡zquez, designed the renowned Museum of Anthropology and History in downtown Mexico City. Ceramics (Clay Art) Since the appearance of the Olmec culture, considered to be the â€Å"mother of the Mesoamerican cultures†, ceramics took a prevailing place in the lives of the Mexican people. The earthenware vessels, anthropomorphic figures, and various types of utensils found in the archaeological ruins of the ancient Olmec cities of Tajin, San Lorenzo, La Venta and Tres Zapotes, suggest the techniques used in their ceramics: the use of clay, the knowledge of some primitive firing techniques, their means of coloring and painting designs. The Olmecs transcended their era (1500 B.C. –800 A.D) and bequeathed their knowledge to the cultures that flourished after them. The Teotihuacans (100 B.C. – 800 A.D.) prepared the majority of their vessels with clay and decorated them with a variety of techniques: mainly stucco, painting, and smoothing. The pottery of the Aztecs (1325 A.D. – 1521 A.D.) was extremely varied.   They made all types of earthenware, plates, jugs, cups, and pots, mostly with red and orange clay. The Mixtecs stood out for their polychrome lacquer ceramics, in which after polishing a piece, they would cover it with white stucco and then paint it. To the north, the Casas Grandes culture (100 A.D. – 1360 A.D.) produced beautiful polychrome ceramic, basically with geometric motives and influences from the Mimbres culture. Each region had its own unique characteristics in pottery.   However, in all these cultures, the potter himself was given a great deal of importance.   The Aztecs summed it up in the following way: â€Å"A good potter: he puts great care into his work, he teaches the clay to lie, he speaks with his own heart, he brings life to things, he creates them, he knows everything as if he were a Toltec he makes his hands skillful.† The ancient techniques employed to make ceramics are still used today – mostly in the rural parts of Mexico. It’s curious how these groups were able to preserve their artistic techniques – coil building, open firing, natural pigments – and yet they lost their original language and their religion. When the Spaniards arrived, the blending of societies allowed the indigenous people to learn new techniques, and the combination of styles gave life to some of the more famous ceramic styles of Mexican earthenware, such as the â€Å"majolica† or Talavera. Puebla’s Talavera is a direct descendant of the Arabic-Andalusian tradition, which began in Spain in the ninth century, when the influence of the Arabic culture passed on its techniques to peninsular potters.   In Talavera de la Reina, Spain, it became very popular and took a characteristic stylistic form toward the 16th century.   It was then that it was brought to the Americas, especially to the Nueva Espaà ±a, the New Spain, as Mexico was called in colonial times. Although Talavera is only produced in Puebla, other majolica type earthenware is also produced in places like Dolores Hidalgo, Guanajuato and San Miguel de Allende. To the west, in Tonala, Jalisco, is another Mexican state with a long tradition of ceramic production.   Here, there is more of a Persian influence, including pieces such as stew urns, using gold and silver. In Metepec, State of Mexico, the ceramic tradition has been influenced by Christian beliefs. Here they create the well-known arboles de la vida, trees of life, which are made to look much like tree. Wire is used to attach the clay leafs and figurines to the â€Å"tree†. It is called de la vida because it explains the origins of life. Usually there are figures of God, angles and Adam and Eve, as well as the serpent and some fruit are represented by special figures. Day of the Dead trees is also made using skeletons, and images related to the festivity. Some are made in terracotta, without glaze; others are painted in every imaginable color. Red ware, which is used to make everything from large cooking pots to rice dishes to table dishes, is typical of Michoacan.   The characteristic decoration of these dishes are small flowers made with the thick part of the paintbrush, with white or green paint around a small black circle, as if it were a margarita (the flower). In Oaxaca, the town of San Bartolo is famous for its barro negro, black clay.   The artwork made with this clay acquires its color through the pigments in the polishing process, which brings out the red color from inside the clay.   There are some more recent techniques that bring out a mixture of the natural dark and light tones of the clay, which artists protectively keep to them (Wasserspring, 2000). The small town of Mata Ortiz, Chihuahua stands out for its beautiful pottery as well.   It was here that they reinvented pre-Hispanic ceramics techniques after shards of ancient pottery were found in the ruins of Paquimà ©.   This renaissance was mostly due to Juan Quezada, outstanding Master Potter of Mata Ortiz. Some Mexican creators have implemented new forms and new designs for typical Mexican artwork, such as ceramic eggs from which little frogs are born, lizards and other little animals; glass and ceramic twisters; key chains with eclipses; masks with a pre-Hispanic or oriental motif; dish sets with images of Tamayo or Rivera; tiles with geometrical figures, etc. In the 1950s, High Temperature ceramics or stoneware appeared in Mexico.   The origin of this type of ceramics is from China, Korea and Japan. This technique was introduced to Mexico by a small group of Mexican ceramic artists who studied abroad, mainly in Japan and the United States.   Little by little, it caught on, and these days there are several regional centers in which artists work with Stoneware, such as Michoacan, Veracruz and Jalisco. As we can see, Mexican ceramics bring together the influences of pre-Hispanic, European, Arabic and Oriental cultures.   Whatever technique is used, Mexican ceramics have individuality and â€Å"flavor† that is appreciated for its art and quality worldwide. References Hutchison, P., (2003). Footprint Central America and Mexico 2004 (p. 93). USA : Footprint Handbooks Martin, F. D., Jacobus, L. A. (2004). Humanities through The Arts (p. 399). New York, NY: McGraw-Hill Billington, D. P., (2003). The Art of Structural Design: A Swiss Legacy (p. 136, 162). USA : Other Distribution Wasserspring, L., Ragan V., (2000). Oaxacan Ceramics: Traditional Folk Art by Oaxacan Women (pp. 1, 22). San Francisco, California: Chronicle Books How to cite Mexican Art, Essay examples

The Woman in Black Essay Example

The Woman in Black Essay Susan Hill creates a sense of isolation since the beginning of the novel, when Arthur is at Monk’s Piece. The name of Arthur’s new house (Monk’s Piece), suggest that it is a calm place, but it also could suggest that it is isolated, because in the Middle Ages monks used to meditate alone in isolated places. Isolation is also presented in the other house in the book, which is Eel Marsh House. The only way to access to Eel Marsh House was by crossing a place called ‘Nine Lives Causeway’, which is the only path next to the house. Arthur describes Eel Marsh House as ‘submerged’ and ‘untraceable’, this implies that it is almost impossible to escape from Eel Marsh House. It is submerged because the causeway is under the water and it is untraceable because the marshes last forever. The name of the causeway also creates a sense of isolation, it is called Nine Lives Causeway, and this suggests that you must have nine lives to cross it (or to be very lucky and brave). Isolation is also there when Keckwick leaves Arthur alone in Eel Marsh House. He says that he feels â€Å"alone, outside that gaunt, empty house†. This tells us that Arthur is alone in the house, without protection and he ‘predicts’ that he will see the Woman in Black soon. Another time where we feel isolation is when Arthur is alone at the house and he is so scared that he starts to pray. I think that he prays because he is looking for protection and somebody to talk in God. Mrs Drablow also creates a sense of isolation, especially when Arthur asks for information to Mr Bentley. We will write a custom essay sample on The Woman in Black specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on The Woman in Black specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on The Woman in Black specifically for you FOR ONLY $16.38 $13.9/page Hire Writer He says that she lived for a long time in the house with nobody. She didn’t have any friends and she is also described as a â€Å"rum’un†, which means that a person is misbehaving (maybe, this is why Mrs Drablow didn’t have friends. In my opinion, isolation is mostly presented when Arthur is alone at Eel Marsh house, and it is also important, because it makes the story ‘more gothic’ and some characters, like Spider (the dog) or Keckwick wouldn’t appear in the story and they make the story more interesting.

How the industrial and economic differences of the north and south helped cause the Civil War

How the industrial and economic differences of the north and south helped cause the Civil War Many historians debate the causes of the Civil war. Yet the overwhelming economic differences between the northern and southern states on the eve of the civil war contributed significantly to the growing tensions. The industrial-reliable north had a high support for the implementation of tariffs and objected the use of slave labor, while the agricultural-reliable south strongly opposed tariffs and promoted slavery.The North was very reliable on manufacturing and technological innovation. Environmental conditions in the north did not open opportunity for large plantations, and therefore much of the economy was based on textiles, lumber and fur trade. This reliability on industry put a high demand on tariffs , which would protect the manufactured goods from cheap foreign policies. Although labor was greatly needed, encouragement of immigration caused the northern labor force to be well numbered, since most Europeans worked in the factories and on the railroads in the north, rather than the South.English: Union Regimental Drum Corps from the Amer...The North was also greatly reliable on exporting goods, and therefore supported governmental involvement in making internal improvements, such as roads and railroads.The South, on the other hand, relied heavy on agriculture, more specifically on cotton. In fact, due to England's heavy reliance on American cotton, the South often referred to this economical resource as King Cotton. Not every southern resident owned a farm, and very few owned large farms, but because of the environmental conditions in the south, economy was very reliable on farming, rather than industry or manufacturing. And because of this lack of industry and manufacturing, the South also relied on imports to receive manufactured goods, and therefore objected tariffs, since they only increased the prices of imported goods. Yet these tariffs were the basis of governmental revenue, normally used on financing internal improvements, which explained why the South did not support...

Political Terms Dominate New Dictionary Entries

Political Terms Dominate New Dictionary Entries Political Terms Dominate New Dictionary Entries Political Terms Dominate New Dictionary Entries By Mark Nichol Dictionary.com’s newest set of entries to its lexicon, and some revised definitions for existing terms, reflect the politically themed discourse that has dominated the media over the past year. This post shares and defines some of those terms. Alt-right, discussed in this DailyWritingTips.com post, is not new to Dictionary.com, but its definition has been extended to clarify that the central tenets of those who espouse extreme right wing ideology are white nationalism and anti-Semitism. Similarly, though far is of course not a new listing, its definition now alludes to the sense of extreme political views when it appears in combination with left and right. Meanwhile, the existing entry for alt refers to the abbreviation’s usage in alt-right, and the one for â€Å"white nationalism† makes a distinction, based on geopolitical focus, between that phrase and â€Å"white supremacy.† The phrase â€Å"fake news† has its own new entry, describing the term as pertaining to sensationalized false journalistic content that serves to boost ad revenue and/or discredit an entity that is the subject of the content. An entry surprising for its late appearance is â€Å"false flag,† which has long referred to the use by marine vessels of a flag of a country the ship doesn’t represent in order to deceive personnel on an enemy vessel. By extension, the term now alludes to events in which a country attacks its own territory or assets and blames the attack on a belligerent nation (or an entity such as a terrorist organization), or to similar operations carried out in civilian contexts, as when a group or individual frames another for a violent act the first group or individual secretly committed in order to discredit the other party. Want to improve your English in five minutes a day? Get a subscription and start receiving our writing tips and exercises daily! Keep learning! Browse the Vocabulary category, check our popular posts, or choose a related post below:Bare or Bear With Me?Ten Yiddish Expressions You Should Know10 Tips for Clean, Clear Writing

Policy paper Research Example | Topics and Well Written Essays - 3000 words

Policy - Research Paper Example Both of these policies, working in consort, and in spite of a polarizing political climate, did manage to turn the American economy around. However, it was because of the desperate political climate that the ARRA was made to suffer less than a full effect on the American economy. It could have done much more, but the damaging political climate refused to allow deeper systemic problems to be addressed. Introduction The UN International Labor Organization estimated that the recent global regression resulted in worldwide job losses at 50 million by the end of 2009 (Taylor and Weepapana, 2009). With demand of goods falling worldwide, global economic growth was expected to shrink by 2 percent, effecting emerging economics as far as in Eastern Europe and in mainland China. Taiwan saw its exports fall 42.9 percent. Unemployment in the United Kingdom which was 4.7 in 2000 and grew to 5.0 in 2008, reached 7.9 by December 2010. In the United States, the Bureau of Labor Statistics charted unemp loyment rates that varied between 4.1 and 5.0 percent 2000 through November 2005. These rates begin to worsen by September 2008, reaching 6.5 by October 2008 and the highest level of 10.0, 15.4 million people out of work, by November 2009. A total of 750,000 jobs was being lost per month in an economy that was contracting 6 percent annually (CEA). Clearly, economic policy had faltered worldwide and particularly in the United States. By December 2008, the National Bureau of Economic Research had finally declared the U.S. had been in a recession since December 2007. Growth in the fourth quarter of 2008 had shrunk to a negative 6.2%, the lowest since 1982. The American Recovery and Reinvestment Act Immediately after his election, President Barak Obama led the 111th United States Congress through a series of emergency measures. These measures capitalized to his signing into law, on February 17 2009, The American Recovery and Reinvestment Act of 2009 (ARRA, Pub.L. 111-5), referred to as the Stimulus or the Recovery Act. This $787 billion spending program consisted of $286 billion in tax cuts to stimulate the economy and expenditures for spending on infrastructure, State, revenue sharing, unemployment benefits, food stamps, and business and middle class tax cuts. Specifically the ARRA directed $88 billion for direct purchase of goods; $44 billion for infrastructure transfers to state and local governments; $215 billion for non-infrastructure transfers to state and local governments, accounting for such as public safety and education spending; $100 billion for direction transfers to persons in form of unemployment insurance benefits, and student loans; $18 billion to retirees; and tax cuts totaling $266 billion that covered business tax provisions and such as the first-time homebuyer tax credit (Berger and Gaffney, 2009). The ARRA funded many specific programs that sought to influence change in greenhouse technology, rapid transit, electronic medical health records a mong a large number of broad base initiatives. For education, the ARRA allocated $5 billion to the Department of Education to fund programs under the Race to the Top program that closed the achievement gap and improved student achievement. The DoE allowed successful programs to compete for grants from a $650 million fund that would enable them to

The Significance of Womens Organizations Group Activities in Essay

The Significance of Womens Organizations Group Activities in Relationship to Their Opposition to the War in Vietnam - Essay Example As well women worked in the war as journalists, flight attendants, and in various church and humanitarian organizations, and the significance of these activities in relationship to the women's opposition and reaction to the war in Vietnam is an issue which is of incredible importance. The aim of this paper is to not only discuss the different organizations and group activities that women were involved in during the Vietnam War but as well the significance of their participation with them overall considering how against the war most women actually were. By doing this, we will be able to come to a much more informed and knowledgeable understanding on the subject matter at hand overall. This is what will be dissertated in the following. The history of women and war is one which has basically been forgotten in comparison to that of man's, however it is important to realize that women have actually always played a part, and in fact, "Between 1962 and 1973, according to Department of Defense statistics, approximately 7,500 women served on active military duty in Vietnam. The Veteran's Administration puts the numbers even higher, at around 11,000. Independent surveys estimate that the number of women, both civilian and non-civilian, working in Vietnam during the war is between 33,000 and 55,000" (Carlson, 2007). However, despite these incredibly large and notable numbers of women in the military, they have had a long and hard road in regards to gaining even remote equality. One of the most notorious organizations that women worked for during the Vietnam War was the Red Cross Organization, and the Red Cross basically maintained three particular and different programs during the Vietnam conflict which were: Service to Military Hospitals (SMH), Service to Military Institutions (SMI), and Supplemental Recreation Activities Overseas (SRAO). "SMH provided recreational and casework services to service personnel who were hospitalized and casework services for service personnel who were employed in military hospitals. Women employed in SMI provided primarily clerical services with some individual assistance for obtaining loans if personnel had to return home for a family emergency. SMH and SMI functioned both in the United States and in foreign countries and both in peace and in war. The Red Cross program which was eventually entitled Supplemental Recreation Activities Overseas (SRAO) originated in World War II specifically to employ civilian women who wished t o make a contribution to the country during periods of war" (Firestone & Robinson, 1996). When it comes to the issue of the reaction that was felt by women towards the Vietnam War, there are many issues that need to be taken into consideration here as well. In comparison to the percentage of men against the Vietnam War, there were almost double the amount of women who felt negatively towards it, however at the same time the war presented many opportunities for women, and so while they still felt disapprovingly towards the war, there were still then obviously reasons that they also were rather positive towards it, as they were benefitting in different

Corporate Social Responsibilities For Pepsi Cola Commerce Essay

Corporate Social Responsibilities For Pepsi Cola Commerce Essay The PepsiCo headquarters are located in Purchase, New York. The company is in the food and beverage industry and is a public corporation. Pepsis biggest competitors are Coca Cola, Dr. Pepper Snapple Group, and Kellogg U.S. Snack. Pepsi has official sponsorship deals with three of the four major North American professional sports leagues: the National Football League, National Hockey League, and Major League Baseball. Pepsi also sponsors Major League Soccer. In addition, the corporation has sponsorship deals in international cricket teams. The Pakistan cricket team is one of the teams that the brand sponsors. The team wears the Pepsi logo on the front of their test and One International Day (ODI) test match clothing (Wikipedia, n.d.). Mission and Values According to the PepsiCo website, the companys mission is to be the worlds premier consumer products company focused on convenient foods and beverages. Pepsi seeks to produce financial rewards to investors as it provides numerous opportunities for growth and enrichment to their employees, their business partners, and the communities in which PepsiCo operates. Pepsi strives for honesty, fairness, and integrity. Pepsi is committed to delivering sustained growth through empowered people acting responsibly and building trust. History Caleb Bradham was a pharmacist who first created Pepsi in New Bern, North Carolina in 1898. It was originally called Brads Drink and was claimed to cure indigestion. The trademark was registered on June 16, 1903. Pepsi introduced the worlds first radio jingle in 1939. In 1941, Loft Candy merged with its Pepsi subsidiary and became the Pepsi-Cola Company. PepsiCo began a major restructuring of its PepsiCo Beverages Foods division in 2003. The restructuring resulted in four company divisions: PepsiCo International, PepsiCo Beverages North America, Frito-Lay North America, and Quaker Foods North America. In 2003, PepsiCo found opportunities for growth overseas. It surfaced that year that Pepsi products bottled in India that contained traces of DDT, Malathion, and other pesticides that exceeded government limits. Bowing to the publics growing concern about childhood obesity, in 2006 Pepsi, along with Coca-Cola, Cadbury Schweppes, and the American Beverage Association, agreed to sell water, unsweetened juice, and low-fat milk only to public elementary and middle schools in the US. As for high schools, the agreement called for no sugary sodas to be sold and one-half of the obtainable drinks to be water, diet sodas, lemonade, or iced tea (Hoovers). Social Responsibility Corporate Social Responsibility PepsiCo is one of the top companies to top the 2010 Corporate Social Responsibility Index. The rankings are based on public perceptions of U.S. companies corporate social responsibility efforts. In order to predict and then maximize the potential of market opportunities as they arise, it is important that the company reflects the market in which it seeks to operate. In 2004, Pepsi was ranked as number 7 in Fortunes Magazine 50 Best Companies for Minorities. Five of Pepsi Companys 13 top officials are minorities-the highest percentage on our list (Werther, 2008). PepsiCo has demonstrated a consistent commitment to corporate social responsibility. The companys vision for sustainability, Performance with Purpose, aims to deliver sustainable growth by investing in a healthier future for people and the planet. In April, PepsiCo launched the Dream Machine recycling initiative, which will introduce thousands of new recycling kiosks in popular public venues such as gas stations, stadiums, and public parks to make it more convenient and rewarding for consumers to recycle when they are on the go. The initiative includes computerized recycling receptacles that allow users to scan the bar code on bottles and cans recycled in a Dream Machine to collect points that can be redeemed online for prizes (CSR Wire, 2010). Pepsi received an Environmental Excellence Award from the U.S. Environmental Protection Agency SmartWay (SM) Transport Partnership for its leadership in conserving energy and lowering greenhouse gas emissions from its transportation and freight activities. PepsiCo has set a standard for the industry by having 100% of its transportation needs executed by SmartWay carriers and affiliates. PepsiCo and SmartWays combined efficiency and fuel conservation projects have driven reductions in fuel use of nearly 15 million gallons of diesel, eliminating 340 million pounds of CO2 emissions and lowering PepsiCos fuel costs. (CSR Wire, 2009). Project Refresh Pepsi created a project called Project Refresh. According to Mehra (2010), the project harnesses social media tools to empower communities to support projects that benefit social and environmental causes by supporting organizations with cash donations. Pepsi looks for businesses, people, and non-profit organizations with ideas that will have a positive impact. The project has given more than 7 million in the first five months of the year and expects to invest $20 million in worthy causes. It has been a public relations coup for Pepsi and has drawn a huge volume of suggested projects and online buzz (Silverstein, 2010, paragraph 8). The purpose of the project is to donate money to worthy charities and causes. Candidates apply with their ideas for a grant on the website-it is a contest. Online voters decide what the company should contribute to, and if a candidate wins, they are awarded a certain amount of money for their cause or charity. Some causes that the project has funded include ending modern-day slavery in the United States, providing pet care to ill or disabled pet owners, funding less toxic therapies for children with cancer, and supporting nonpartisan civic engagement in the United States. When the BP oil spill occurred, Pepsi immediately set up a campaign to donate money to the cause. Pepsi decided to donate 1.3 million through its Pepsi Refresh Project towards the cause. That sum is in addition to $20 million that Pepsi has vowed to give away in 2010 in the cause marketing effort, the term for collaborating with nonprofit organizations to bolster both charities and the reputations of companies (Newman, 2010). Candidates can apply on the Pepsi Refresh website and submit their ideas for ways to help the oil spill. The company awarded 32 Do Good for the Gulf grants-two for $250,000 and 10 each for $50,000, $25,000, and $5,000 (Newman, 2010). The ideas for the Do Good for the Gulf contest have been voted on. Grants were given to causes such as giving injured Gulf coast sea turtles a place to get well, shelter for animals whose humans have lost their homes due to the spill, to provide mental health services, to create jobs for oil spill victims, and to build a second cottage on childrens home campus to serve families in crisis. PepsiCo Dream Machine The PepsiCo Dream Machine recycling initiative is a sustainable business model that reinforces PepsiCos commitment to utilizing innovation and technology to engage consumers and make a positive impact on our environment, We look forward to joining ThinkSocial and the other innovative companies and leaders to discuss how we can work together to achieve our #Promises said Jeremy Cage, PepsiCo and Head of the Dream Machine recycling initiative. (CSR Wire, 2010, paragraph 5). The recycling initiative was designed around PepsiCos goal of increasing the U.S. beverage container-recycling rate from 34 percent to 50 percent by 2018 (American Recycler, 2010). The company is concerned that consumers are throwing away the Pepsi bottles instead of recycling them, so they came up with the solution of putting recycling kiosks at concert venues, in grocery stores and along city sidewalks. PepsiCo has also entered into a partnership with Keep America Beautiful to boost community involvement in the initiative. The program will deliver funding to the Entrepreneurship Boot Camp for Veterans with Disabilities, which helps veterans start businesses (Fredrix, 2010). Here is how the program works: People bring any recyclable aluminum cans or PET plastic bottles-not just those containing PepsiCo products-to a kiosk and scan them as if they are at a grocery store self-check out. When the containers are accepted, that adds points to an account at Greenopolis.com. Alternatively, consumers can get a receipt with codes to enter later on another website, which run by an offshoot of Houston-based Waste Management (Fredrix, 2010). Crisis Management In todays business world, events like natural disasters, terrorists attacks, product recalls, and corporate scandals are more common and potentially devastating to organizations if they are ill prepared. Uncertainty and risks can be detrimental to companies that are not prepared to deal with events that required a plan of action. This means having systems and procedures, as well as, company personnel in place to deal with unplanned and unexpected events that could cause harm to stakeholders and the company. Therefore, crisis management is essential for all organizations. Crisis management, the process of handling a high-impact event characterized by ambiguity and the need for swift action (Thorne, et al, 2011, p. 66). This discussion will explore how Pepsi-Cola Corporation managed a product-tampering crisis. First, the focus will look at the crisis itselfhow and what happened. Secondly, this report will discuss and explain how Pepsi-Cola handled the crisis evaluated based on the crisis management process, which looks at the four stages of a crisis. Finally, look at how Pepsi-Cola fared in each phase of the crisis. The Crisis Product Tampering Case at Pepsi-Cola A hypodermic syringe was purportedly found in a can of Diet Pepsi in the Seattle area on June 10, 1993. This was the first report to Pepsi-Cola about alleged product tampering and within a week, 50 more reports came in from 23 states. The alleged product tampering reports stated that consumers found not only hypodermic syringes, but also a broken sewing needle, a crack vial, and a bullet among other things. Within a few days, the Pepsi syringe product tampering case was a major news story on television, radio station, as well as, major newspapers. Furthermore, viewers saw a hypodermic needle next to a can of Pepsi in leading news reports. This was a nightmare with no ending in sight for Pepsi. This could potentially take many years to reverse the damage done to the Pepsi brand and gain consumer confidence in Pepsi products again. Pepsi-Colas response to this crisis was crucial to consumer safety and the companys image. The Pepsi organization took control of the crisis and its final resolution using already in place procedures for product tampering and crisis management plan. Prodromal Stage of the Pepsi Syringe Crisis To better understand how crises develop and move toward resolution, some researchers use a medical analogy (Thorne, et al, 2011, p. 66). The crisis management process consists of four different stages and is as follows: Prodromal Stage, Acute Stage, Chronic Stage, and Prodromal Stage. The first stage is a precrisis period during which warning signs may exist (Thorne, et al, 2011, p. 67). This phase for Pepsi-Cola and other companies like it in the beverage food industries are well aware of the potent of product tampering. The Food and Drug Administration (FDA) regulate these companies; thus, need to have procedures and standards in place to avoid contamination of their products either through their production processes or through sabotage. Product tampering took on new meaning in the aftermath of the Tylenol Scare in the 1980s, and many companies made improvements to tamper-proof their products. At the time of the crisis, according to then Pepsi-Cola North America President, CEO, Craig Weatherup explained cans are probably the most tamper-proof containers in the food industry (Greenberg, 1993, p. 2). Pepsi-Cola has a consumer hotline for its consumers to call with questions or concerns with its products. In addition, the company has a cross-functional crisis team in place in order to deal with product tampering or other crisis. Pepsi-Cola has done very well to prepare itself for a potential crisis. Specifically, in this case of product tampering Pepsi knew it was highly unlikely that the tampering took place in the bottling process because of their production line process. They were further convince that it did not happen in production because the product tampering case reports were from 23 states with a total of 50 different reports. Acute Stage of the Pepsi Syringe Crisis Once Pepsi-Cola started receiving the product tampering reports it went into action by assembling its cross-functional crisis team to investigate the reports. Pepsis crisis response team lived for nearly 96 hours during the summer of 93 while the nationwide Diet Pepsi syringe tampering scare raged (Elsasser, 1994, par. 2). Their first objective was to ensure consumer safety, and called in FDA officials for help. Once they were certain that the tampering did not come from the production lines, Pepsi wanted to use the media to ensure product safety for consumers while still protecting their brand. The product tampering event actually entered the acute stage that is became a national crisis is when the media began running news report about the hypodermic syringe in the Diet Pepsi can. This shows that some crises happen so quickly and without warning that the organization may move from the prodromal to acute stage within minutes (Thorne, et al, 2011, p. 67). In this specific case, Pepsi-Cola moved from the prodromal to acute stage within days once the media broadcast the syringe in the Diet Pepsi can story, the company was in a crisis mode. It is important to understand that once a crisis strikes, the firms stakeholders need a quick response in the midst of the duress and confusion (Thorne, et al, 2011, p. 67). Pepsi-Cola decided to use the media to obtain the facts out to consumers by demonstrating how their bottling and production lines work, and how unlikely it is to tamper with their products. According to president CEO, Craig Weatherup, he explained that the cans were produced at different plants-some six months ago, some six weeks ago, and some six days ago (Greenberg, 1993, p. 2). The crisis team determined that there was no correlation between the complaints and when the cans were produced. Chronic Stage of the Pepsi Syringe Crisis The chronic stage represents that the crisis is ongoing and requires explanation and decision-making (Thorne, et al, 2011, p. 67). Pepsi-Cola and FDA officials determine that a product recall would not be necessary because the crisis team already determined the product tampering was not a production or packaging problem. Therefore, having a product recall would probably make the crisis worse. According to CEO, Craig Weatherup, he explained that their point of view was a recall would give credence to a problem that did not exist (Greenberg, 1993, p.2). Pepsi-Cola decided to use the media to inform consumers and tell its side of the storyà ¢Ã¢â€š ¬Ã‚ ¦that product tampering inside Pepsi was considered a hoax. CEO, Craig Weatherup, went on many television programs like Nightline and Larry King Live to inform viewers that there was no danger to the public and get the accurate story told. The more you saw that visual of the can and the syringe, the greater the concern became. The challenge, therefore, was to convince the public that the image wasnt possible unless somebody opened the can first (Greenberg, 1993, p.3). Consumers and other stakeholders want and need to know how that the crisis will be handled in a safe and effective manner. Pepsi-Cola did an excellent job in its crisis communication strategy by using the media along with the FDA to get the accurate story out. In addition, Pepsi produced and distributed video news releases to give facts and show that the Pepsi scare was a hoax. Prodromal Stage of the Pepsi Syringe Crisis The final phase of the crisis management process is crisis resolution. The prodromal stage is the success and failure outcomes for the firm and stakeholder (Thorne, et al, 2011, p. 67). Pepsi-Cola was able to take immediate action when the crisis happen because it already had systems and procedures in place. The company was able to investigate and determine a product recall was not necessary. Once this was done, Pepsi-Cola determine how it would communicate the findings of their investigation and go onto protecting the Pepsi brand. Transparency is essential. All efforts undertaken to contain the situation, as well as the regulations and safety procedures that will prevent similar accidents have to be communicated (Johar, 2010, p. 59). Recovery from a crisis handled correctly can lead to improving the company and the brand image. Pepsi-Cola was able to accomplish this using their crisis management and communication strategies. Immediately after the after the crisis was over, Pepsi-Cola went on to run nationwide advertisements that read, Pepsi is pleased to announceà ¢Ã¢â€š ¬Ã‚ ¦nothing and advertisements that said Thanks, America with coupons for Pepsi products. Pepsi-Cola did an excellent job of rebounding from this crisis with no lingering negative effects. Pepsi-Colas reaction and response to this product tampering scare crisis could be used as a model for other organizations on how to prepare and handle an organizational crisis. Sustainability Issues Global Environmental Issues In 1989, PepsiCo established its business operations in India. The company is now one of the largest consumer products company in India. PepsiCo currently employs 150,000 people in India. The company has more than 36 bottling plants, including 13 companies and 23 franchises owned ones. Water Issues There were problems in India with PepsiCo and the groundwater in 2003. Pepsi uses the ground water in India in order to make the soda. The major ingredient in a soft drink is water. It constitutes close to 90% of the soft drink content. The Centre of Science and Environment discovered through a report that Pepsi drinks in general had much higher levels of toxin than Europes limits. CSE found that the India produced Pepsis soft drink products had 36 times the level of pesticide residues permitted under European Union regulations. CSE tested the same products in the United States and found no such residues (Fernando, 2009). Groundwater, the major source of water for 90 percent of rural and 50 percent of urban customers in India may be contaminated throughout the country. The test results prompted the government to adopt the European Unions standard for bottled water (Waldman, 2003). The village government of Pudussery, a rural community in the Palghat district of Kerala state, said last week that it had revoked the water-use license of the Pepsi bottling plant there because the plant had depleted the communitys groundwater to the point of causing a shortage. The license was not due to expire until 2005 (Rai, 2003). As a result of the recent drought, water is already scarce in the area. The local people are agitating that Pepsi is over utilizing water resources, making the shortage very acute (Rai, 2003). Contamination and depletion of water used by locals for farming and drinking occurred (Chamberlain, 2008). The state of Kerala in India banned the production and sale of Pepsi because of continued worries over scarcity and possible health effects of pesticides believed to be contained in the soft drinks (Pellow, 2007). Pepsi has continued to sell soft drinks in India with dangerously high levels of pesticides-even three years after the government of India confirmed that these products were dangerous. An August 2006 study by the CSE, a leading public interest research and advocacy group in India proved this. CSE tested 57 samples of Pepsi from 25 different bottling plants across 12 states and found pesticide residues in all samples. On an average, the pesticide residues were 24 times higher than EU standards (Fernando). The director of CSE stated that such residues can cause cancer and birth defects as well as harm nervous and immune systems if the products were consumed over long periods of time (Carroll, 2008, page 855). Majumder (n.d.) states that in the Indian state of Kerala, sale and production of Pepsi-Cola, along with other soft drinks, was banned by the state government in 2006. Five other Indian states have announced partial bans on the drinks in schools, colleges, and hospitals (paragraph 2). On the Pepsi website, it says that in 2009, Pepsi conserved, recharged, and replenished more water to nature instead of wasting more water than what was given back. As a user of tens of billions of gallons of water in its food and beverage operations globally, including in many nations facing water shortages, PepsiCo has recently adopted a water policy dedicated to fulfilling the human right to water as defined by the United Nations. This water policy is exactly the outcome that stakeholders should be heralding and seeking to encourage (Mehra, 2010). Alternative Energy Pepsi is a national supporter for Keep America Beautiful. Keep America Beautiful includes cleaning up parks, playgrounds, and recreation centers to conducting educational workshops and hosting community beautification events. Participants removed liter from waterways, beaches, and nature trails; planted trees and flowers, and removed graffiti to enhance urban areas and collected clothing, paper, batteries, and electronics for reuse and recycling (DeAngelis, 2010). Solar Power According to the Pepsi website, in 2007, Pepsi announced major renewable energy projects including plans for the plant in Casa Grande, Arizona. With plans to run almost entirely on renewable fuels and recycled water, this plant is scheduled to begin production by 2010. Our bottlers are also sourcing power from the sun. In 2007, The Pepsi-Cola Bottling Company of Eugene installed a 250-kilowatt solar electric system in their Oregon facility, which is now the second-largest photovoltaic system in the Pacific Northwest. The renewable energy generated from this system is the equivalent to the average annual energy consumption of approximately 21 Eugene homes and has a regional carbon dioxide offset of about 140 tons per year. Projects in other regions went live last year as well. PepsiCo India launched their first remote wind turbine, harnessing one of the most efficient, clean and renewable sources of energy. This turbine is connected to the public electricity grid with sufficient power to meet more than 75% of the electricity needs of the companys local Mamandur plant, and it directly offsets up to 7% of our company-owned bottling operations power requirements for 2008. The initiative is estimated to help reduce carbon emissions by more than 3,500 tons annually, with the potential to offset 70,000 tons of carbon emissions over its entire 20-year life cycle (Pepsi Website). Business Response to Sustainability Issues Performance with Purpose Mission The mission is focused on generating healthy financial returns while giving back to communities the company serves. This includes meeting consumer needs for an array of convenient foods and beverages, reducing the companys impact on the environment through water, energy, and packaging initiatives, and supporting its employees through a diverse and inclusive culture that recruits and retains world-class talent. This mission is Pepsis promise to its community and investors. The goals of the Performance with Purpose mission is human sustainability, environmental sustainability and talent sustainability. Have we met before? campaign It is designed to communicate the benefits of aluminum can recycling and encourage the consumers of Pepsi to practice recycling. Recycling facts and messages will be featured on around 500 million Pepsi cans and 250 million Diet Pepsi cans nationwide each month. The initiative is worth it because research has shown that people are more inclined to recycle when they learn about the benefits of recycling, particularly the energy savings (American Recycler, May 2008). Recycling Issues in India Greenpeace activists and Indian SMO leaders discovered through an investigation that plastic was being dumped on the site of a plastic recycling operation outside Madras. A mountain of plastic waste stood on the site. According to environmentalist Satish Vangal, there were piles and piles of used soda bottles stacked behind a wall. Every bottle that was seen had the label California Redemption Value on it. All of the bottles were from Californias recycling program and they were sitting in a pile in India (Pellow, 2007). In order to minimize its environmental impact, Pepsi has improved water, fuels, and electricity efficiency saving about five billion liters of water and nearly 500 million kilowatt hours of energy from 2006 to 2007. By the end of 2008, the company started using a recently installed natural gas heat and power system to bottle beverages at its plant in Queens, NY saving a potential $408,000 a year (www.pepsico.com). The Global Marketplace Pepsi is known as a global corporation because it has been expanding and reaching to numerous foreign markets, which seem appealing to them, for many years. It is important to understand that the expanding global marketplace requires that executives and managers develop the ability to conduct business effectively and socially responsibly in different regions of the world (Thorne et al, 2011, p. 444). This shows how Pepsi developed to be an international corporation because Pepsi has been reaching many countries as much as they can and be part of their culture. Because of this, it has been told that the corporation comes in the success ranking of the world leading multinational companies at number 10 in the review of 2007 among top 50 companies in fortune ranking (2007 all-stars 2007, p. 39). Consumers all around the world seem to enjoy drinking Pepsi that comes in different kinds of product packing, such as cans, glass bottles, plastic bottles, etc. The corporation has been very succ essful in developing a marketing plan in order to reach a specific target market in each country. This demonstrates that Pepsi has the ability to interpret and adapt successfully to different national, organizational, and professional cultures, which is known as cultural intelligence (Thorne et al, 2011, p. 444). In addition, Pepsi has been very successful in promoting some of its brands in a certain culture that completely satisfy their consumers needs and wants. The corporation found several good ways to advertise and promote their new and current products of Pepsi in order to attract its consumers in a certain country. It can be on television, billboards, print ad (magazine), newspaper, or the Internet. The corporations social responsibility in a global environment will be discussed more in this paper. Popularity of Pepsi in Pakistan Old-fashioned glass bottles of Pepsi can be seen and found on the food streets or markets in major cities in Pakistan, such as Islamabad, Lahore, and Karachi. People do really enjoy drinking a glass bottle of cold Pepsi with a straw. That is what their Pepsi cola looks like. It is not similar to a can of Pepsi in the United States. It can be difficult to locate a regular can of Pepsi in Pakistan, not the glass bottle ones. It is because people are accustomed to living an old-fashioned life. Major cities and even small towns of Pakistan tend to be very traditional and old-fashioned. Seeing so many Pepsi bottles in almost every store indicates that the most popular soft drink certainly has dominated the market by the corporation. Coca cola is Pepsis major competitor that does exist and sell its products in the country. However, regarding the popularity of Pepsi, Ghazi Akhtar Khan who is currently a managing director of Pepsis local bottle in Lahore, Pakistan and he explained his reason why Pepsi is number one soft drink in the nation. He said that Pepsis share of the market for carbonated soft drinks is currently sixty-five percent while Coca cola only has thirty percent, which makes Pepsi the leading soft drink in the country (Wright 2010). According to Khan, the statistics proved that the corporation has sold 240 million of 24 Pepsi bottles each in the country in the past year while the competitor only sold around 140 million (Wright 2010). This fact and statistics demonstrate why Pepsi remains very popular and people prefer to purchase and consumer Pepsi than other well-known brands or competitors, such as Coke, Mountain Dew, Fanta, etc. Culture and Language Pakistans culture is completely different compared to the culture here in the United States. People in the United States normally wear t-shirts, blue jeans, and sneakers. However, the way people live and work in Pakistan can be quite different as well. The way people dress is called shalwaz kameez, which is an Urdu word for traditional clothing. This demonstrates that certain kinds of cloths in a specific culture create some meanings from cultural artifacts (Martin Nakayama, 2004). The Pepsi Corporation should be familiar with their culture because when they would like to advertise a new product from Pepsi, they need to feature a Pakistani woman wearing shalwar kameez in their Pepsi ad. That way, when people see the new ad of the Pakistani woman drinking a glass bottle of Pepsi in her shalwar kameez, they really can feel related to this ad because wearing shalwar kameez is part of their cultural and traditional clothing. This is a good way for the Pepsi Corporation to understand their culture and get involved with their culture. Language can be described as the mirror of the culture which contains the spoken words and non-spoken communication as the gestures, body language, and the eye contact (Czinkota Ronkainen 1998, p.67). People in one whole country or one specific location usually speak the exact same language and that is the only way that they can understand each other. Sometimes, they do use hand or body gestures when communicating with each other. In addition, it can be defined as the language in terms of high and low context cultures where people use the direct and clear langue in low context and in some other society people use the expressions or most of the information spread as unsaid (Morrison, 2002). Urdu is an official language of Pakistan where almost everyone knows, understands, reads, and speaks Urdu only. However, English is considered as the second language in the country-they do have signs, billboards, or any kind of advertisement that are read and written in English but it is more like British English. For example, they frequently see or read words such as favourite or colour, instead of favorite or color. Therefore, it is very important for the corporation to know the main language as well as English so they can advertise Pepsi in their language and English language. Religion It is extremely important to acknowledge the importance of religion because it impacts peoples habits, their outlook on life, the products they buy, the way they buy them, even the newspaper they read (Cateora Ghauri 2000, p. 111). Islam is the main religion that everyone in Pakistan follows and practices. Muhammad was the last prophet that created the religion of Islam.

Digital Fortress Chapter 18

Standing before the huge plate-glass window in his Tokyo skyrise, Numataka took a long pull on his cigar and smiled to himself. He could scarcely believe his good fortune. He had spoken to the American again, and if all was going according to the timetable, Ensei Tankado had been eliminated by now, and his copy of the pass-key had been confiscated. It was ironic, Numataka thought, that he himself would end up with Ensei Tankado's pass-key. Tokugen Numataka had met Tankado once many years ago. The young programmer had come to Numatech Corp. fresh out of college, searching for a job. Numataka had denied him. There was no question that Tankado was brilliant, but at the time there were other considerations. Although Japan was changing, Numataka had been trained in the old school; he lived by the code of menboko-honor and face. Imperfection was not to be tolerated. If he hired a cripple, he would bring shame on his company. He had disposed of Tankado's resume without a glance. Numataka checked his watch again. The American, North Dakota, should have called by now. Numataka felt a tinge of nervousness. He hoped nothing was wrong. If the pass-keys were as good as promised, they would unlock the most sought-after product of the computer age-a totally invulnerable digital encryption algorithm. Numataka could embed the algorithm in tamper-proof, spray-sealed VSLI chips and mass market them to world computer manufacturers, governments, industries, and perhaps, even the darker markets†¦ the black market of world terrorists. Numataka smiled. It appeared, as usual, that he had found favor with the shichigosan-the seven deities of good luck. Numatech Corp. was about to control the only copy of Digital Fortress that would ever exist. Twenty million dollars was a lot of money-but considering the product, it was the steal of the century.