Thursday, September 3, 2020

Business Law for contract Between Bob and Mollie †Free Samples

Question: Talk about the Business Law for contract Between Bob and Mollie. Answer: Issue Regardless of whether an agreement was framed among Bob and Mollie Rule An agreement is characterized as a legal understanding between at least two people that is enforceable in the official courtroom. The centrality of agreement lies in the way that it contains trade of guarantees, which have lawful enforceability (McKendrick 2014). So as to render an agreement as substantial, an agreement must incorporate its fundamental components. Fundamental components of an agreement Offer-an offer is a guarantee made by one individual known as the offeror to someone else known as the offeree to accomplish something or shun accomplishing something in return of an arrival guarantee. An offer can be made to a distinctive individual to a gathering of individual as was held in Smith v Hughes [1871] LR 6 QB 597. An offer can be made to the world everywhere which adds up to an encouragement to offer as was governed in Carlill v Carbolic Smoke Ball Co [1893] 1 QB 256; [1892] EWCA Civ 1. Acknowledgment the offeree must acknowledge the offer made by the offeror and such acknowledgment must be conveyed to the offeror to frame the agreement as was seen in Crown v Clarke [1927] 40 CLR 227. The acknowledgment must be made in agreement to the terms and conditions specified in the offer. Lawful aim The gatherings to the agreement must have the legitimate aim to be limited by the details of the agreement after the agreement is shaped. The agreement will be rendered as substantial just if the contracting parties set up that a legitimate relationship exists between them as was managed in Air Great Lakes Pty Ltd v KS Easter (Holdings) Pty Ltd [1989] 2 NSWLR 309. Thought it alludes to the value that is solicited by the promissory in return from the guarantee and structures a fundamental imperative of a substantial agreement to make it lawfully official upon the contracting parties. Under the custom-based law, it is obligatory for the promisee to give a thought that is , installment in some structure in return for the guarantee got as was held in Coulls v Bagots Executor Trustee Co Ltd [1967] 119 CLR 460. Limit The contracting parties must have lawful an ability to go into an agreement as absence of ability to frame an agreement may result in non-enforceability of the agreements. People considered to have absence of limit incorporate gatherings with mental turmoil, inebriated, bankrupts, minors and so forth. The essential of lawful ability to render an agreement to be legitimate was maintained on account of Gibons v Right [1954] 91 CLR 423. End of offer In contract law, an offer is said to e ended in the accompanying number of ways: Disavowal an offer might be ended whenever before the acknowledgment of the offer regardless of whether the offeror has vowed to keep the offer open gave a thought is paid in return of such guarantee. Repudiation must be imparted either legitimately or in a roundabout way (Poole 2016). Dismissal When an offer is dismissed by the offeree, it can't be acknowledged any more and dismissal may add up to a counter-offer or a refusal as was seen in Hyde v Wrench [1840] Beav 334. Time-if the offer sets out a particular time inside which an offer ought to be acknowledged, the acknowledgment of such proposal after the expiry of such specified time will be considered as ineffectual. On the off chance that the offer doesn't specify a particular time, the acknowledgment must be made inside a sensible time in any case such offer will terminate (Stone and Devenney 2017). Disappointment of condition-if either the contracting parties neglect to fulfill a specific condition set out in the offer, the offer will pass. Notwithstanding, such condition must be set out in the proposal to be successful. The basic terms of an offer are otherwise called conditions are seen as essential terms. The vitality of such terms relies upon the reality whether such term is fundamental to the point that any infringement will add up to end of the agreement. This was maintained on account of Tramways Advertising Pty Ltd v Luna Park (NSW) Ltd [1938] 38SR NSW 632 at p.641-2. Passing the demise of an offer will add up to the expiry of an offer and the offeree must know about the demise of such offeror. An offer is supposed to be open, if the offer doesn't specify a specific time inside which the offer ought to be acknowledged, the offer should pass after a sensible time ((Stone and Devenney 2017). The sensible time relies upon the subject of the likely agreement and is frequently exposed to the prudence of the appointed authority as was held in Carr v JA Berriman [1953] HCA 31 [1953] 89 CLR 327. Notwithstanding, according to a general guideline of the agreement, regardless of whether the offeror expresses that the offer will stay open for a specified time, the law doesn't banish the offeror from disavowing such proposal before its acknowledgment. Application On the realities here, Bob acknowledged the offer that was publicized with respect to acquisition of Sony Bravia OLED Televisions and gave his card to the team lead, Mollie, of the Toshiba showroom as an acknowledgment to the offer. In any case, Mollie didn't acknowledge the card expressing they were sold out. Mollie offered Bob to buy the showing model TV, which would cost $2000 rather than the genuine offer $3500. As was seen in Smith v Hughes case, an offer was made by Mollie to Bob with respect to the acquisition of the TV, which was the showing model at the cost of $2000. This further means the offer was made alongside a thought, which was to be made by Bob. In any case, so as to render an agreement as a legitimate agreement and to be enforceable, it is basic that an offer ought to be made trailed by a substantial acknowledgment of such proposal as was held in Crown v Clarke case. In the given situation, a substantial offer was made by Mollie to Bob however Bob was befuddled and expected chance to consider the offer. Mollie guaranteed that she would keep the offer open until Friday gave Bob is prepared to make an installment of $10 as the booking cash. In any case, Bob declined this plan and expressed that he would illuminate inside Friday evening, which was following day. Here, it very well may be expressed that however Bob didn't acknowledge the offer made by Mollies quickly yet Mollie specified in her offer a fundamental condition that she will possibly keep the offer open if Bob gives as booking cash of $10, which would be balanced while the first exchange is made. The offer additionally incorporated the specified book inside which the acknowledgment must be imparted to her. By and by, Bob would not satisfy the condition set out in the offer, which expected him to pay a booking sum for the TV. This adds up to a non-satisfaction of a fundamental state of the offer made by Mollie. Further, Mollie offered the TV to Mark on Friday when he offered $2500 for the exhibition model TV at the store. For the most part, the offeror may deny the offer whenever before its acknowledgment regardless of whether the offeror has vowed to save the offer open for a specific time. Be that as it may, this doesn't add up to a penetrate of an agreement on the accompanying grounds. Right off the bat, Mollie offered $2000 to Bob for selling the showing TV model, which Bob didn't acknowledge. Besides, Mollie expressed that her proposal to sell the TV at the offered cost of $2000 will stay open until following day (Friday) just gave Bob pays $10 as booking cash quickly which will be balanced while he buys the TV on Friday. Presently, as was held in Crown v Clarke, a substantial acknowledgment must be made to a legitimate proposal to frame an agreement. Be that as it may, Bob didn't make any acknowledgment while the proposal of buying the exhibit TV for $2000 was made to him by Mollie. Further, Bob likewise would not satisfy the condition that Mollie referenced in her offer in regards to the installment of the booking sum. Generally speaking, an offer can be ended on the ground of disappointment of state of the offer (Stone and Devenney 2017). The state of an offer is considered as basic gave break of such condition will essentially bring about end of the agreement as was held in Tramways Advertising v Luna Park case. In the given situation, Bob didn't pay the booking sum, which shaped a fundamental condition as Mollie expressed just if the booking sum is paid, she would hold the proposal for till Friday. Hence, the inability to fulfill the fundamental state of the offer, which was imperative to the point that it would have decided the legitimate aim of both the gatherings to shape the agreement, brought about end of the offer that Mollie made to Bob. End There was no substantial agreement shaped among Mollie and Bob. References Air Great Lakes Pty Ltd v KS Easter (Holdings) Pty Ltd [1989] 2 NSWLR 309. Carlill v Carbolic Smoke Ball Co [1893] 1 QB 256; [1892] EWCA Civ 1. Carr v JA Berriman [1953] HCA 31 [1953] 89 CLR 327. Coulls v Bagots Executor Trustee Co Ltd [1967] 119 CLR 460. Crown v Clarke [1927] 40 CLR 227 Gibons v Right [1954] 91 CLR 423. Hyde v Wrench [1840] Beav 334. McKendrick, E., 2014.Contract law: text, cases, and materials. Oxford University Press (UK). Poole, J., 2016.Textbook on contract law. Oxford University Press. Smith v Hughes [1871] LR 6 QB 597 Stone, R. what's more, Devenney, J., 2017.The present day law of agreement. Routledge. Tramways Advertising Pty Ltd v Luna Park (NSW) Ltd [1938] 38SR NSW 632 at p.641-2.

Saturday, August 22, 2020

Sociology & Suicide

Prologue to Sociology Performance Assessment Task #1: Sociology and Suicide Amy M. Ehlert Northcentral Technical College Abstract In this paper, I present Emile Durkheim's thoughts of self destruction and the four sorts. I likewise examine the sociological viewpoints of the varieties in self destruction rates that Durkheim's hypothesis can clarify. At long, all in all, I offer my very own perspectives on the subject of self destruction and propose ways that society could forestall self destruction. Emile Durkheim was a French humanist who distributed one of numerous books, entitled, â€Å"Suicide†. In it, he indicated the distinctive self destruction rates among Protestant and Catholic individuals. This book was distributed in 1897, thus, it mirrors his discoveries by then. A portion of the speculations that Durkheim set up about self destruction being at a higher rate incorporate the accompanying: * Men than ladies * Single than wedded * Childless than with kids * Protestants than Catholics/Jews * Soldiers than regular citizens * Times of harmony than in the midst of war * Scandinavian nations * Higher instruction level The four subtypes of self destruction that Durkheim perceived were: prideful, philanthropic, anomic, and fatalistic. Proud self destruction came about because of a sentiment of not having a place or having no feeling of importance. Charitable was being overpowered by a general public's convictions and they feel less significant. Anomic was from an individual's fundamental absence of not knowing where they fit in. At last, fatalistic self destruction, which is the rarest, is the point at which an individual's future or what they are energetic about are mistreated by cruel control. The longitudinal variety in Durkheim's hypothesis is practically consistent in that during every decade, the rates remain about the equivalent. They run from a low of 10. 6/100,000 of every 1960 to a high of 12. 4/100,000 of every 1990. The normal rate stays around 11. 39/100,000. Regardless of the distinction in incorporation, social ties or opportunity, the self destruction rates stay about the equivalent. Self destruction rates are higher among undergrads since they will in general have more worry in their lives or more things to stress over. They have every single new thing to stress over and don't have the closeness of their folks to help them as they did previously. A few occupations can build self destruction rates and they incorporate dental specialists, craftsmen, educators, and so forth. The kind of work the individual does and in the event that they are relied upon by others for their work can push these individuals to self destruction. Single individuals will in general have higher self destruction rates than wedded. At the point when you are hitched, you are a piece of a working unit and ward upon one another. Including kids in with the general mish-mash does and can include pressure yet in addition makes one more joyful, as I would see it. Single individuals are progressively secluded and more averse to have such close bonds. Concerning those with propelling age, they simply appear to have surrendered. They think they have experienced their lives and what more would they be able to do? The late Dr. Kevorkian tended a great deal of helped suicides mentioned for the most part by older individuals. The middle period of Dr. Kevorkian's patients was 74. That truly shows how the older simply appear to need to surrender and pass on. Among the highly contrasting youth populace, Durkheim demonstrated it was almost certain for white adolescents, particularly the individuals who were rich, to end their own lives. This appeared to be expected to despite the fact that these white young people had progressively monetary bit of leeway, they were regularly socially detached. Be that as it may, dark youth self destruction is on the ascent in our nation. I read this is because of the breakdown of family and simpler access to liquor and medications. Be that as it may, the greatest factor is the expansion of the dark white collar class, which puts more weight on these children from their new social environmental factors. Taking everything into account, I accept a great deal of suicides by and large come from a weep for help. From before, I have had these kinds of considerations and am as of now on a stimulant. There ought to be more writing accessible, particularly for our childhood, so they can be altogether instructed on self destruction. From my very own understanding, most endeavored suicides are a weep for help. These individuals need assistance however not in a deigning way. They would prefer not to be ridiculed or caused to feel like poo for their sentiments. They simply need to be comprehended. In any event that is the manner by which I generally felt. I accept there ought to be more youth gatherings or spots adolescents can proceed to engage in a sound way. In any event, for the individuals who feel disconnected by the ordinary gatherings in schools like sports, ensemble, and so forth. There ought to be a public venue spend significant time in gatherings of various interests; that are not offered in a common instructive condition. In this way, generally, I propose more instruction on self destruction, a superior comprehension of the individuals who are self-destructive or discouraged, and a spot for the network to support them, our childhood as well as the entirety of our general public. REFERENCES Macionis, J. J. (2009). Human science (thirteenth Ed. ). Upper Saddle River, NJ: Pearson Education, Inc. , distributing as Prentice Hall. Self destruction (book). (n. d. ). In Wikipedia, The Free Encyclopedia. Recovered Sept. 11, 2011, from http://en. wikipedia. organization/wiki/Suicide_(book). Randall, Vernellia R. (1993, 2008). Self destruction Among Black Youth 1980-1995. Recovered Sept. 11, 2011, from http://scholarly. udayton. edu/wellbeing/01status/suicide01. htm. Massango, Rataemane and Motojesi (2008). Self destruction and self destruction chance factors: A writing survey. CPD Article, p. 25-28. Recovered Sept. 1, 2011, from http://www. safpj. co. za/list. php/safpj/article/viewFile/1302/1305. Maris, Berman, Silverman and Bongar, (2000). The Comprehensive Textbook of Suicidology: Part II: Sociodemographic and Epidemiological Issues, p. 194-203. Recovered Sept. 11, 2011, from http://books. google. com/books? id=Zi-xoFAPnPMC&pg=PA202&lpg=PA202&dq#v=onepa ge&q&f=false. Doctor Assisted Suicide Advocate Dr. Jack Kevorkian to be discharged from jail. (May 27, 2007). Recovered Sept. 11, 2011, from http://www. foxnews. com/story/0,2933,275712,00. html.

Friday, August 21, 2020

Childhood Obesity and Go4Fun Health Program †MyAssignmenthelp.com

Question: Talk about the Childhood Obesity and Go4Fun Health Program. Answer: Presentation In 21st century youth heftiness is the significant general wellbeing concern. It is the developing worry for urban settings in the low and center salary nations. As revealed by World Health association (WHO) in 2016, the youngsters over five years with corpulence involve 4.1 million (World Health Organization, 2018). Overweight and stout kids are almost certain to remain overweight in adulthood and build up the non-transmittable sicknesses as an outcome. In Australia an expected 20-25% of youngsters are overweight. A fourth of them are seen to be hefty. The quantity of kids with stoutness is much higher in the Aboriginal and Torres Strait Islander people group (Healthdirect.gov.au, 2018). In NSW one out of five offspring of school age are viewed as overweight or corpulent (Daniel Anagnostellis, 2018). Abundance weight and heftiness in adolescence are perceived to be the significant hazard factors for type 2 diabetes and cardiovascular sickness in adulthood. It is likewise the hazard factor for musculoskeletal conditions and malignant growth. The capacity to deal with the constant conditions in adulthood diminishes by the expanding weight in youth. Youth weight is additionally connected with mental medical problems (Sahoo et al., 2015). It suggests for the guardians to fix model for their kids during early life years. The task manages the solid way of life program for kids named Go4Fun produced for NSW kids. The task talks about the need of the program, usage and potential effect of the program and its viability. Youth corpulence and Go4Fun wellbeing program In NSW one out of one out of five kids are overweight and are helpless against cardiovascular malady and type 2 diabetes. Youth weight is additionally connected with mental medical problems, for example, low confidence and poor self personality. These youngsters are helpless to corpulence in adulthood upto 20-25% (Aihw.gov.au, 2016). Weight increase and heftiness happens with admission of fatty eating regimen and caffeinated drinks. This conduct surpasses the vitality use from the metabolic procedure and the physical movement. The reason for the heftiness among kids credits to for the most part three components. It incorporates diet, dynamic travel and physical action. Large youngsters are noted with truly dormant practices, for example, playing computer games, staring at the TV and poor information on sustenance (Sahoo et al., 2015). This issue calls for sure fire activity and the justification can be clarified by the social learning hypothesis proposed by Bandura. As per this hypot hesis youngsters and grown-ups; gain from each other through perception, and displaying. It incredibly impacts the practices and intellectual parts of individuals including memory, consideration and inspiration (Cherry, 2011). In the event that the youth heftiness isn't tended to, more youngsters in since quite a while ago run would watch and take in stationary exercises from the large kids. It will in the end increment the weight of incessant sicknesses and medicinal services cost. It implies that the weight has negative effect on kids wellbeing as well as on the whole country (Sahoo et al., 2015). It requests the guardians to take preventive activities to ensure the youngsters in early life years. It is on the grounds that stoutness includes the financial and social effect on families. Be that as it may, guardians are found to have poor familiarity with food and sustenance and its job in youngster improvement (Park, Falconer, Viner Kinra, 2012). This calls for creating compelling wellbeing advancement program for fat kids and for supporting their folks. To address this issue, the Go4Fun wellbeing program was propelled in 2011 for overweight kids in NSW (Nsw.gov.au, 2018). Potential effect of Go4Fun on wellbeing program The program is executed with present moment and long haul objectives. The transient advantages of the program incorporate improved dietary patterns, physical action and abatement in stationary practices and BMI. The drawn out advantages remember increment for confidence, improved focus, and practices, wearing abilities and wellness. The kids additionally are befitted by the improved collaboration and relational abilities (Go4Fun, 2018). It is obvious that the program is intended to such an extent that it has potential for generally speaking positive effect on the physical, social, passionate and mental prosperity. The program can possibly summon positive wellbeing results as it guarantees the major wellbeing assets and conditions required for good wellbeing as referenced by the Ottawa Charter of wellbeing advancement. Three of the conditions met by the program incorporate instruction, food and social equity and value (OttawaCharterforHealthPromotion, 2018). Wellbeing advancement technique recognized in the OttawaChartercontains five need territories. It incorporates building the wellbeing open strategy, making the supporting condition, reinforcing the network activities, create individual aptitudes, and reorient wellbeing administrations and moving into what's to come. The Go4Fun program for hefty kids can possibly address four of these need regions referenced previously. The program makes steady condition, fortify the network activities, create individual aptitudes and assist individuals with moving into what's to come. The wellbeing advancement program checks the weight towards destructive factors, for example, terrible sustenance, low confidence and physical latency. This program decreases the danger of interminable maladies like cardiovascular ailments, melancholy, and resulting mortality by eating well food. Along these lines the program lessens the imbalances in the wellbeing delivered by the acts of urban and privileged society. The program empowers the guardians to make strong condition for the youngsters and direct them towards sound way of life. The program additionally cultivates the self improvement and social emotionally supportive network along these lines fortifying the network activities. More noteworthy open investment prompts increment access of wellbeing data and learning open doors for youngsters. It prompts more noteworthy coordinated effort with the essential wellbeing communities (Hardy et al., 2015). Further, the program is likewise building up the individual abilities. The Go 4Fun program teaches and plans kids in school setting, home and network settings tocope upwithchronicillnessandinjuries. The guardians and kids may learn after school cooking aptitudes, particularly those from burdened networks (Burrows, Lucas, Morgan, Bray Collins 2015). The guardians taking an interest in the wellbeing program are equivalent accomplices in each period of wellbeing advancement together with youngsters. Thusly, they can keep themselves solid and their kids. They can move into future where they will have less wellbeing inconveniences. As guardians and youngsters are perceiving their wellbeing, it goes about as socialinvestment. It encourages them address in general biological issues of living ways (Innes-hughes, Khanal, Lukeis Rissel, 2016). Execution of the chose wellbeing advancement The program is free for overweight youngsters matured 7-13 years and guardians to take an interest. It is the multi week program on dietary patterns, wellness and certainty. The debut need of the program is to diminish the pace of overweight and heftiness by 5% in kids by 2025 (Nsw.gov.au, 2018). The program is started by the wellbeing experts, who are able to give wellbeing and wellness preparing. The program is begun after the school hours and runs corresponding with the school terms. The certified wellbeing experts train kids about wellbeing dietary patterns through fun exercises and games. On the off chance that the guardians don't exhibit the solid way of life the youngsters are less inclined to have information on sound food decisions and dynamic way of life. In this manner, the program underpins the relatives to embrace the solid way of life. The physical mentors help kids in taking part in different physical exercises for set measure of hours. All through this period the coaches support the confidence of the kids. Guardians are enlivened to join the wellbeing excursion of their youngsters. The program likewise thinks about the social variables to help the Aboriginal youngsters. This program was otherwise called Aboriginal Go4Fun (Nsw.gov.au, 2018). The program follows the guideline of the Ottawa contract as per which the wellbeing advancement should empower the individuals to build their power over wellbeing and improvement. As indicated by Ottawa contract the three fundamental procedures of the wellbeing advancement program are advocate, empower and intercede. It implies that the wellbeing advancement program should advocate the individuals for wellbeing as it is a significant component of personal satisfaction. Wellbeing is the significant asset for the financial, social, and self-awareness. As indicated by Ottawa Charter, wellbeing advancement program should empower all individuals to accomplish their wellbeing potential to their fullest. In such manner the two people ought to be given equivalent chances to diminish contrast in the present wellbeing status. Further, the wellbeing advancement program must include facilitated activity by the wellbeing, social, financial and government division just as media, willful associatio ns (OttawaCharterforHealthPromotion, 2018). Go4Fun follows the three procedures referenced in the Ottawa Charter and it is obvious from the wellbeing support to guardians of overweight kids to lead a solid way of life. With the assistance of these projects the youngsters are pushed to get dynamic every day for an hour. It might incorporate the enthusiastic exercises that will make youngsters spat and puff. Guardians and kids are pushed to drink water to extinguish thirst over the seasoned and improved beverages. They are additionally upheld to expend more leafy foods. The members of the program are prescribed to allow the 2 serves of products of the soil serves of vegies every day and abstain from eating the fat rich eating regimens and unhealthy food. They are bolstered and taught to pick more beneficial choices as opposed to eating snacks. Kids are pushed to pick alte

Friday, June 12, 2020

Strategic Management Case Study - 3025 Words

Strategic Management (Case Study Sample) Content: Strategy: The Case of HondaStudentà ¢Ã¢â€š ¬s NameInstitutional AffiliationTable of Contents TOC \o "1-3" \h \z \u Introduction PAGEREF _Toc416248258 \h 3Strategic Management PAGEREF _Toc416248259 \h 3Strategically Planned and Emergent Strategy PAGEREF _Toc416248260 \h 4Hondaà ¢Ã¢â€š ¬s Background PAGEREF _Toc416248261 \h 5Japanese Executives Talk about Hondaà ¢Ã¢â€š ¬s Success PAGEREF _Toc416248262 \h 6Hondaà ¢Ã¢â€š ¬s Success According to the BCG Report PAGEREF _Toc416248263 \h 9Advantages and Disadvantages of Approach Described by Honda Executives PAGEREF _Toc416248264 \h 11Advantages PAGEREF _Toc416248265 \h 11Disadvantages PAGEREF _Toc416248266 \h 13Conclusion PAGEREF _Toc416248267 \h 13Bibliography PAGEREF _Toc416248268 \h 15IntroductionA strategy was not an important factor in the business world up to around 1940s. In fact, it was mainly used in military planning, especially during war. Henderson, Cheney, Weaver, (2015) explain that the history of the mili tary is dominated by several cases of how a strategy was used to achieve goals and objectives. Jeffs (2008) shows how old it is by explaining that it was adopted in the English dictionary back in the year 1688. Some of the most common strategies that were known in the military field were offensive and non-offensive war strategies. The military defined strategy as anything done out of the imagination of the enemy. As the corporate world developed, and as competitiveness increased, the need for utilizing "strategy" in business was appreciated. Apple is one of the companies that adopted "strategy" as soon as they started operation. Although many other enterprises took a long time to take up this idea, it has now become an integral part of todayà ¢Ã¢â€š ¬s businesses. This paper seeks to interpret and put a mark between two forms of strategy, "planned strategy" and "emergent strategy." It will consider giving a comprehensive definition, of the term "strategy" as used today, before goin g forward to analyse both emergent and planned approaches. Honda being one of the companies that have shown tremendous success in the years of operation will be studied. In this case, the paper will analyse two accounts of how the company entered the US market, the Boston Consulting Groups (BCG) report, and the Pascaleà ¢Ã¢â€š ¬s report.Strategic ManagementStrategic management is simply an administrative method for effectively controlling all factors that affect the internal and external environment of a business. The primary aim of strategic management is to achieve organisational goals and objectives of the business. Siegel (2009) describes it as the process of meeting the obligations of a firm through effective planning and utilization of organizational resources. This means that activities like setting objectives, planning, strategy formulation and evaluation and control are at the core of strategic planning. Henderson, Cheney, Weaver (2015) expose that it as the blueprint for the businessà ¢Ã¢â€š ¬ path to success. While defining strategic management, it is important to remember that good resource utilization and achievement of sustainability also form the core of it. In this case, strategic management does not focus too much on the short-term goals but on the future state of the firm.Strategically Planned and Emergent StrategyTheorists have divided "strategy" into "strategically planned corporate strategy" and "emergent strategy." A strategically planned approach can also be referred to as deliberate strategy. According to Chia (2013) a deliberate policy is that which occurs in line with the goals and objectives of a firm. In most cases, it follows short term plans, but it ultimately seeks to accomplish the long-term goals of a firm. According to Aoki Lennerfors (2013) both strategically planned and emergent strategies can both be used to identify the direction that a company is taking, by merely observing its actions. While many businesses try to pl an for their future, it has been proved in the past that any business can easily fall in any of these two categories depending on the circumstances that surround it. While setting up deliberate strategies, stakeholders try to outline explicit directions of the path that the business will follow. As Jeffs (2008) explains, this type of plan attempts to eliminate entirely or reduce the influence of any external factors that could affect the operations of the business. Siegel (2009) reveals that companies that use deliberate strategies are likely to push their employees to think and behave in a particular way. Employees are all taken through the vision of the organization and are expected to work towards it. This approach is also dependent on long bureaucratic decisions making processes.Emergent strategy, on the other hand, is directly created out of unintended patterns that a business follows in an attempt to align itself with the prevailing market situation. Aoki Lennerfors (2013) sa y that this pattern develops randomly, without focusing on the set goals and objectives of the firm. Brian (1989) calls it realized strategy because it is after a company has achieved certain results that it discovers the force that was propelling its operations. In this case, although a business may have its set goals, the environment usually offers many challenging realities that force the managers to revise their policies continually. As the company keeps reviewing its objectives, a regular pattern slowly emerges and provides a clear sense of direction to a business. In this phase, the firm can pick a particular path that it will use to reach its goals, according to a pattern that it has been following in the past. This is a realized or an emergent strategy.Hondaà ¢Ã¢â€š ¬s BackgroundHonda is a Japanese multinational that was established in the year 1948. Soichiro Honda was supported by his business partner, Takeo Fujisawa in setting up the company and running it. They started t heir business by producing low-performance, small motorcycles in Japan. They later ventured into the production of marine engines, small family generators and garden equipment like lawn mowers. Mintzberg, Pascale, Gool, Rumett (1996) say that the companyà ¢Ã¢â€š ¬s initial stages were faced with very little resistance. This is attributed to the fact that Honda had very few competitors and that the motorcycle market was still developing. As demand for motorbikes increased in Japan, Honda was able to gain control of a huge market, which enabled it to become one of the leading companies in the Japan. The company decided to move to the US ten years later. This new market was very different from the one in Japan. It took them time to learn the behaviour of the American consumer and keep refining their strategy until they found a way to succeed. Later the company expanded to various parts of the world and has recently ventured into the production of low cost, but high-performance vehicl es. It is currently on record with leading automotive manufacturing companies in the world, with an average stock price of about $33 in the New York Stock Exchange (Eliza, 2014).Japanese Executives Talk about Hondaà ¢Ã¢â€š ¬s SuccessAccording to the Japanese officials, the success of Honda was not based on any strategy, but on the techniques that the company used to handle their daily challenges. Greimel (2015) explains that the Japanese do not believe in policy like the Westerners. Japanese executives confirmed this by saying that relying on a single strategy can be misleading since one can easily misapply it. Champniss, Wilson, Macdonald (2015), who are in support of the Japanese executives, say that many American firms have performed poorly in business, despite having come up with very clear and sharp strategies. Pascaleà ¢Ã¢â€š ¬s report shows that Japanese believe that the market will not always respond to your approach. While a business manager may have predicted that consu mer demand will be drawn towards a particular product, it may not happen at all. A manager who is deeply embedded in such a way of thinking may end up underperforming due to reduced sensitivity to the market. Instead, administrators should focus on setting short-term goals and responding to events fast and appropriately (HBR, 1996).While many business analysts believed that this company had good strategies in place, Japanese executives disagree. Honda, the founder of the Honda Company, said that their approach was purely on trial and error. He explained that when they entered the US market, they were not sure of what to expect, and how to react to new customer behaviours. As Eliza (2014) explains, Honda was very flexible as they entered the US market; they kept changing their business model within the first years of operation. Japanese executives say that Hondaà ¢Ã¢â€š ¬s main idea was to try out this new market and see if it could respond well to their products (Aoki Lennerfors, 2013).Pascaleà ¢Ã¢â€š ¬s report revealed that Honda experienced very few sales during his first year in the American market. As much as they tried to pull new consumers with low prices, it was still difficult to meet the target sales. On analysing the reasons for failure, it was established that the companyà ¢Ã¢â€š ¬s timing and business structure affected their marketability. Americans were fond of very fast and luxurious motorcycles, unlike Japanese consumers who were comfortable with smaller bikes. They liked to ride bikes over long distances. Harley-Davidson was already a market leader, and had won trust from the major customers, who included government bodies. Honda had to consider producing motorcycles for regular citizens who had never used them before. This was a new move considering that motorbikes were for the military and government bodies. Though their sales, increased, there was still a major prob... Strategic Management Case Study - 3025 Words Strategic Management (Case Study Sample) Content: Strategy: The Case of HondaStudentà ¢Ã¢â€š ¬s NameInstitutional AffiliationTable of Contents TOC \o "1-3" \h \z \u Introduction PAGEREF _Toc416248258 \h 3Strategic Management PAGEREF _Toc416248259 \h 3Strategically Planned and Emergent Strategy PAGEREF _Toc416248260 \h 4Hondaà ¢Ã¢â€š ¬s Background PAGEREF _Toc416248261 \h 5Japanese Executives Talk about Hondaà ¢Ã¢â€š ¬s Success PAGEREF _Toc416248262 \h 6Hondaà ¢Ã¢â€š ¬s Success According to the BCG Report PAGEREF _Toc416248263 \h 9Advantages and Disadvantages of Approach Described by Honda Executives PAGEREF _Toc416248264 \h 11Advantages PAGEREF _Toc416248265 \h 11Disadvantages PAGEREF _Toc416248266 \h 13Conclusion PAGEREF _Toc416248267 \h 13Bibliography PAGEREF _Toc416248268 \h 15IntroductionA strategy was not an important factor in the business world up to around 1940s. In fact, it was mainly used in military planning, especially during war. Henderson, Cheney, Weaver, (2015) explain that the history of the mili tary is dominated by several cases of how a strategy was used to achieve goals and objectives. Jeffs (2008) shows how old it is by explaining that it was adopted in the English dictionary back in the year 1688. Some of the most common strategies that were known in the military field were offensive and non-offensive war strategies. The military defined strategy as anything done out of the imagination of the enemy. As the corporate world developed, and as competitiveness increased, the need for utilizing "strategy" in business was appreciated. Apple is one of the companies that adopted "strategy" as soon as they started operation. Although many other enterprises took a long time to take up this idea, it has now become an integral part of todayà ¢Ã¢â€š ¬s businesses. This paper seeks to interpret and put a mark between two forms of strategy, "planned strategy" and "emergent strategy." It will consider giving a comprehensive definition, of the term "strategy" as used today, before goin g forward to analyse both emergent and planned approaches. Honda being one of the companies that have shown tremendous success in the years of operation will be studied. In this case, the paper will analyse two accounts of how the company entered the US market, the Boston Consulting Groups (BCG) report, and the Pascaleà ¢Ã¢â€š ¬s report.Strategic ManagementStrategic management is simply an administrative method for effectively controlling all factors that affect the internal and external environment of a business. The primary aim of strategic management is to achieve organisational goals and objectives of the business. Siegel (2009) describes it as the process of meeting the obligations of a firm through effective planning and utilization of organizational resources. This means that activities like setting objectives, planning, strategy formulation and evaluation and control are at the core of strategic planning. Henderson, Cheney, Weaver (2015) expose that it as the blueprint for the businessà ¢Ã¢â€š ¬ path to success. While defining strategic management, it is important to remember that good resource utilization and achievement of sustainability also form the core of it. In this case, strategic management does not focus too much on the short-term goals but on the future state of the firm.Strategically Planned and Emergent StrategyTheorists have divided "strategy" into "strategically planned corporate strategy" and "emergent strategy." A strategically planned approach can also be referred to as deliberate strategy. According to Chia (2013) a deliberate policy is that which occurs in line with the goals and objectives of a firm. In most cases, it follows short term plans, but it ultimately seeks to accomplish the long-term goals of a firm. According to Aoki Lennerfors (2013) both strategically planned and emergent strategies can both be used to identify the direction that a company is taking, by merely observing its actions. While many businesses try to pl an for their future, it has been proved in the past that any business can easily fall in any of these two categories depending on the circumstances that surround it. While setting up deliberate strategies, stakeholders try to outline explicit directions of the path that the business will follow. As Jeffs (2008) explains, this type of plan attempts to eliminate entirely or reduce the influence of any external factors that could affect the operations of the business. Siegel (2009) reveals that companies that use deliberate strategies are likely to push their employees to think and behave in a particular way. Employees are all taken through the vision of the organization and are expected to work towards it. This approach is also dependent on long bureaucratic decisions making processes.Emergent strategy, on the other hand, is directly created out of unintended patterns that a business follows in an attempt to align itself with the prevailing market situation. Aoki Lennerfors (2013) sa y that this pattern develops randomly, without focusing on the set goals and objectives of the firm. Brian (1989) calls it realized strategy because it is after a company has achieved certain results that it discovers the force that was propelling its operations. In this case, although a business may have its set goals, the environment usually offers many challenging realities that force the managers to revise their policies continually. As the company keeps reviewing its objectives, a regular pattern slowly emerges and provides a clear sense of direction to a business. In this phase, the firm can pick a particular path that it will use to reach its goals, according to a pattern that it has been following in the past. This is a realized or an emergent strategy.Hondaà ¢Ã¢â€š ¬s BackgroundHonda is a Japanese multinational that was established in the year 1948. Soichiro Honda was supported by his business partner, Takeo Fujisawa in setting up the company and running it. They started t heir business by producing low-performance, small motorcycles in Japan. They later ventured into the production of marine engines, small family generators and garden equipment like lawn mowers. Mintzberg, Pascale, Gool, Rumett (1996) say that the companyà ¢Ã¢â€š ¬s initial stages were faced with very little resistance. This is attributed to the fact that Honda had very few competitors and that the motorcycle market was still developing. As demand for motorbikes increased in Japan, Honda was able to gain control of a huge market, which enabled it to become one of the leading companies in the Japan. The company decided to move to the US ten years later. This new market was very different from the one in Japan. It took them time to learn the behaviour of the American consumer and keep refining their strategy until they found a way to succeed. Later the company expanded to various parts of the world and has recently ventured into the production of low cost, but high-performance vehicl es. It is currently on record with leading automotive manufacturing companies in the world, with an average stock price of about $33 in the New York Stock Exchange (Eliza, 2014).Japanese Executives Talk about Hondaà ¢Ã¢â€š ¬s SuccessAccording to the Japanese officials, the success of Honda was not based on any strategy, but on the techniques that the company used to handle their daily challenges. Greimel (2015) explains that the Japanese do not believe in policy like the Westerners. Japanese executives confirmed this by saying that relying on a single strategy can be misleading since one can easily misapply it. Champniss, Wilson, Macdonald (2015), who are in support of the Japanese executives, say that many American firms have performed poorly in business, despite having come up with very clear and sharp strategies. Pascaleà ¢Ã¢â€š ¬s report shows that Japanese believe that the market will not always respond to your approach. While a business manager may have predicted that consu mer demand will be drawn towards a particular product, it may not happen at all. A manager who is deeply embedded in such a way of thinking may end up underperforming due to reduced sensitivity to the market. Instead, administrators should focus on setting short-term goals and responding to events fast and appropriately (HBR, 1996).While many business analysts believed that this company had good strategies in place, Japanese executives disagree. Honda, the founder of the Honda Company, said that their approach was purely on trial and error. He explained that when they entered the US market, they were not sure of what to expect, and how to react to new customer behaviours. As Eliza (2014) explains, Honda was very flexible as they entered the US market; they kept changing their business model within the first years of operation. Japanese executives say that Hondaà ¢Ã¢â€š ¬s main idea was to try out this new market and see if it could respond well to their products (Aoki Lennerfors, 2013).Pascaleà ¢Ã¢â€š ¬s report revealed that Honda experienced very few sales during his first year in the American market. As much as they tried to pull new consumers with low prices, it was still difficult to meet the target sales. On analysing the reasons for failure, it was established that the companyà ¢Ã¢â€š ¬s timing and business structure affected their marketability. Americans were fond of very fast and luxurious motorcycles, unlike Japanese consumers who were comfortable with smaller bikes. They liked to ride bikes over long distances. Harley-Davidson was already a market leader, and had won trust from the major customers, who included government bodies. Honda had to consider producing motorcycles for regular citizens who had never used them before. This was a new move considering that motorbikes were for the military and government bodies. Though their sales, increased, there was still a major prob...

Sunday, May 17, 2020

The Influence of Instructional Facilities on Students’...

TABLE OF CONTENTS Title page†¦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‚¬ ¦i Certification†¦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‚¬ ¦.ii Dedication page†¦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‚¬ ¦.†¦.†¦iii Acknowledgement†¦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‚¬ ¦iv Table of contents†¦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‚¬ ¦...†¦vi List of tables†¦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‚¬ ¦.†¦.x Abstract †¦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‚¬ ¦.†¦xi CHAPTER ONE: INTRODUCTION Background to the study†¦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‚¬ ¦..1 Statement of the problem†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.5 Research Questions†¦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‚¬ ¦..†¦6 Research Hypotheses†¦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‚¬ ¦.†¦...7 Purpose of the study†¦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‚¬ ¦...8 Assumption †¦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‚¬ ¦.†¦...9 Significance of the study †¦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‚¬ ¦.†¦...9 Scope and delimitation†¦show more content†¦The study sample population was made up of 177 respondents who were all secondary school students in public secondary schools. Seven research questions were raised out of which four (4) were answered and the other three (3) questions were hypothesised. Consequently, three (3) hypotheses were raised and analysed. The following are the findings of the study based on the data analysed: majority of the respondents do not use audio, audio-visuals and other (including laboratories, laboratory manuals and models) instructional facilities in teaching and learning. However a large percentage uses print materials (such as textbooks, maps, pictures, etc); Majority of the respondents indicated thatShow MoreRelatedAn Impact Assessment of Science and Technology Policy on National Development of Nigeria61708 Words   |  247 Pagesdissertation has been approved for submission to the St. Clements University for the award of the Degree of Doctor of Philosophy (PhD) in Management. †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. Dr. Gabriel U. Moti Professor David Iornem â€Å"Supervisor Academic Adviser †¦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‚¬ ¦..†¦ St. Clements University v DEDICATION This research work is dedicated to my wife Hajiya Fatima Abdullahi and my children Mohammed Bashar, Zainab, Jamila, Aisha, Isa, Fatima and Abdullahi for their patience and

Wednesday, May 6, 2020

Financial Crisis Of 2008 Case Study - 1626 Words

James Polley, Latifer James, Michelle Current, Tione Nkhono Lisa Forbes FNCE 330 1 November 2016 Financial Crisis of 2008 It all began with the collapse of Lehman Brothers in September of 2008. What followed this collapse was a domino effect which saw a near crash of the world’s financial industry, shortly leading to the greatest recession since the Great Depression. This great economic disruption would subsequently require hundreds of billions of taxpayer dollars and government debt to straighten out. After years of relatively low inflation and stable growth, financial institutions had become too comfortable and began taking more risk and carrying out hazardous policies and practices. Mortgages were granted to a large pool of people, including those who ordinarily wouldn’t qualify for them. Banks got into the habit of lending these â€Å"subprime† loans with higher interest rates to individuals with low credit scores. These borrowers were among the first affected by the downturn. Some sources say that European banks borrowed heavily from U.S. banks to purch ase risky stocks, and there is speculation that this played a major role in the financial crisis (â€Å"Crash Course†). These subprime loans were pooled together in the form of collateralized debt obligations, or CDO’s. Banks and experts believed that loans from different cities were uncorrelated, and that different housing markets rose and fell independent of one another. The theory was that these loans, pooled together wouldShow MoreRelatedThe Economic Crisis Of The United States1680 Words   |  7 Pages Although the global economic crisis in 2008 occurred in many countries around the world, it was originally initiated by the United States of America. Being as though the United States is one of the world s most hegemonies countries after its economy suffered from an immense downturn many smaller countries were affected, most specifically the Caribbean. 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Athiesms Problem Essay Example For Students

Athiesms Problem Essay To any of you who doubt the presence and magnificence of our Lord, Jesus Christ; first, I must say that I understand exactly where you are coming from. I, too, at one point was a non-believer. Moreover, I was violently anti-Christian to the point of persecuting these children of God. The following is a letter of my conversion to Christianity. It reads through from my early years and the person that I was at that time through to my troubled childhood and teen years all the way to where I am right now. I will focus on and demonstrate the many ways in which I know that Jesus Christ is Lord and God. Hopefully, you will listen with an open heart and realize the wonderful truth that took me so long to see. At the end are a few easy Bible verses to read for further study. My childhood was much like any other. I was born on January 13, 1980 to loving parents and a solid home. Everything was as good as things could be. I very vibrantly remember when I was two years old writing my name on a piece of paper and running around to show my mother what I had done. It was very important to me even at that young ago to feel respected and loved. I remember playing with my sister and chasing her around the house. We loved each other and our situation. When I was very young, my mother and father divorced and my father left us completely. That was the deal; if he left, it was going to be a clean break. I still remember seeing him for the last time when I was four years old. In the coming years, I would end up seeing him again, but not before much damage had been inflicted in our home. My mother remarried a friend of my fathers and things again went quite smoothly indeed. I had a fairly strong bond with my stepfather. We did many exciting and interesting things toget her. I very much enjoyed our time and could not get enough of it. When I was seven, I gave the word that I desired to quit Cub Scouts. This was one of the stronger bonding opportunities between the two of us. I did mention that I had good reasons for my request, but I knew at that very moment that things would never be the same. Storms came and washed away the happiness of my youth. Pressing financial difficulties coupled along with my familys growing lusts for material possessions drove us out into the wilderness of lies. From about this time, I was fascinated by everything mechanical, electrical and involving biology. My spare time at home was spent going through encyclopedia books in a concerted attempt to appease my desire for knowledge and at the same time to draw my mind away from my home life. At home, I would make various gadgets and take them to school. My classmates would marvel at the things I was doing. This, eventually, would be one of the many undoings of my life witho ut God. As the years passed, my former friends became very weary of my trinkets and tricks. They began to call me names and taunt me all the day. This escalated into a full torment which lasted approximately until I was 16. During this time, I fell into a deeper and deeper depression that never faded not even for an instant. I would go to sleep at night hating my life and hating everything else around me. The searing hate and unyielding depression would permeate my mind up until the moment that I fell asleep. Even in my dreams, I would hate myself. In the morning, I would open my eyes and the first thing that would pop into my mind was how angry and let down I was that I woke up again. My typical day would consist of waking up with a burning rage at 5:00 in the morning and going to school, where people would follow me around telling me to kill myself. I was followed around everywhere. No one would ever leave me alone. I even had a few teachers taunt me teachers that I didnt even have class with. I literally had no friends and no family. No one to turn to at all to vent my feelings to. Something happened along the way and my ability to actually feel any form of joy suddenly and inexplicable disappeared. When I was about eight years of age, my sense of pleasure, accomplishment, amusement and happiness simply vanished. I distinctly remember on many occasions trying desperately to laugh at anything in this world. I would do things such as watch television shows like Friends and no matter what I did, I was physically an emotionally unable to laugh. Everyone around me was laughing and talking about how funny these things on television were. I would move the air in and out of my lungs to fake a laugh because I didnt want anyone to know what was going on inside my head. Days ran into each other and there was no way to tell one from another. I no longer had days; I simply had one long never-ending day. This strengthened the non-stop barrage of condescending hate that drove me quite literally insane. After years of taunts and torment, all of a sudden, out of nowhere, everyone who used to follow me around and tease me just ended their torture and I was left all alone in my own mind. When I was 12, I discovered music. Up until this point, I had never listened to music because the only bands that I had ever come into contact with were terribly unmusical ones. This is the time that I discovered my bad music. The music I was listening to did very much make me feel better at the time and made me realize that I was not the only one in the world feeling this way. It did, however, help to drag my spirit even further down without my knowledge. Through years of torment, coupled with a uniquely strong video recorder-like memory and an uncontrollable ability to continually run through my day over and over again, I eventually did go insane. Because of my memory, even when people were leaving me alone (which in itself may have even been worse to be completely ignored) I constantly played back what they did do to me. When I would re-experience the memories over and over again, all of the accompanying emotions would play back along with the images. The burning hate and rage an d depression was right there in the memories, too. In my mind, I quite literally was going through a constant torture even when I was perfectly alone. At some point during these years, the pressure built up in me and other than being extremely susceptible to illness, I began to develop a tightening in my chest. It began as what would feel like a tension that would come and go, but after a while, it never left. Slowly, this tight feeling in my chest began to grow and manifest itself in much more powerful ways. The tight feeling I was having grew more and more unbearable and its hold on me was too much to take. These pains felt as though a car was actually parked on top of my chest. As this phenomenon grew in intensity, it also expanded in duration. No longer was I getting pangs of chest pain, now I was having in all-out non-stop flood of physical pain that was so intense I had to fight in order to breathe sometimes. It was incapacitating. Eventually, it came to a point where it would never go away for even a second. From the very instant I woke up in the morning to the last thing I remember at night, these extreme chest pains were t orturing me. It got to the point that I would have done anything to get rid of them. Business Ethics EssayI can see now just how much God loved me all through my early years even when I screamed at Him and cursed His name and even when I didnt believe he was real. I now am at ease with life because of Him. Sure, life is not easy, but its different now. I have my mind set on a new focus and it has changed me. No longer am I ruled by what doctors or science may say or what evil may come my way. I have a great protector that is very real and fights my battles for me. It is true. If you believe that Jesus Christ is Lord and came to earth to die for your sins and on the third day was resurrected from the dead, then you are a child of God and you may follow in his steps. The wages of sin is death and Jesus is the only one who can take away your sins. As long as you believe in Him and try your best to follow Him, then he will do the rest for you. He truly is a marvelous God. But beware, because there is a very real battle being waged in the spiritual realm. One that I was stuck right in the middle of, but God won me over to the winning side and gave me life! Be on guard because after reading these words, if you decide to give your life to God, there will initially be an enormous opposition and you will be pulled in two different ways. As long as you are not of God, you are siding with the devilthere is no middle ground. If you are not for God, then you will be used for evil even unknowingly. I was on a path to be a very powerful instrument of evil in this world. If only I had known that I was helping out the very one who was destroying my life, I would have stopped and reconsidered where I was going. Please, just take a step back from yourself for a moment and consider all the things you have done today that may have helped the evil to spread just a little farther in this world. Every time you said an unkind word to someone or lied to someone or cheated them you have helped to bring a little more evil into this world. I was so blinded to all this before my conversion, but now it is all so very clear that at times I am amazed how I didnt see it before. In closing, I testify that all these words are true and I hope and pray that this has helped you in some way to understand God and why we Christians love and trust in Him. This is not some unseen force which may or may not exist. We can actually feel His love and care. When we pray, our prayers are answered. When we are attacked, we call His name and He gives us relief. On top of that, some of us have seen amazing and sometimes even frightening things which can only be explained by the fact that God is real. Some of us have even prophesied the future in the name of the Christ to watch it come true in front of our own eyes. So, if you realize how much you cant go through life alone or have something pressing down on you so hard you think you may die, call out His name and ask that He show you His love so that you may believe. God desires all to come to Him, no matter who they are or how bad they may be. If I can be forgiven, anyone can. I was the worst of all and the Lord called me ou t personally to fight for Him. Remember, many will come claiming to be God and claiming to know the way. Test everything and never believe a word unless it can be backed up by verse. God be with you all.