Macbeth the Weird Sisters Drive Macbeth to His Destruction

In shakespears Macbeth, the weird sisters are only one of the contributions to Macbeth's destruction. Though they do play a role, the other characters such as Lady Macbeth and even Macbeth himself contributes towards his destruction, with immense ambition and greed to become king. The prophecies which the witches make are only temptations for Macbeth. The weird sisters never tell Macbeth what to do with these suggestions, he just becomes curious and disbelieving about what the witches say, though takes their forecasts literally. The witches only make predictions about the future kingship of Macbeth: â€Å"All hail, Macbeth! Hail to thee, Thane of Cawdor. † Macbeth, along with Lady Macbeth take the prophecies to in-depth and try to implement them as soon as they desire. The prophecies predicted by the weird sisters do occur in the end, but somewhat not how they wanted. After Lady Macbeth is told about the prophecies foretold by the witches, want for power seems to over ride her and take control. Lady Macbeth devises a plan for Macbeth, so that he must kill Duncan who is king at the time, she expects Macbeth to accept, as their ambition for power is greater than each others. She treats Macbeth as he isnt man enough to take this plan to action and confronts him and tells him he isnt born of man. Though Macbeth accepts the plan to Kill king Duncan, but Lady Macbeth starts to feel guilty for the actions that had been taken and her guilt leads to death of her as she falls out her bedroom window. As Macbeth takes Lady Macbeths plan, his want for power is high at this point, not taking into reality what he really is doing. After Duncan is dead, Macbeths ambition has come alive and now really all is done in his eyes. Though with Malcom in anger, he grasps some help from Macduff, whom meets with Macbeth in town to have a fight. Which Macbeth looses causing all destruction upon himself and dies, which leaves the throne to Macduff. Though in the start the witches provide Macbeth with prophecies of him becoming king, Macbeth takes his future into his own hands, telling Lady Macbeth of what had been predicted, so she herself helps drive him towards destruction and Macbeth, being a fool for power brings all destruction down in the end.

My Path Through Culinary School Essay

The basis of this essay is to explain my planned path through culinary school. I have always loved to cook and found my nitch in the kitchen. I plan to improve my culinary skills and techniques so that I may have a successful career. I have experienced different careers and a significant amount of job experience, but after years of contemplating, my heart has led me to Le Cordon Bleu to further my education and receive an Associate of Arts degree in Occupational Studies. Once I complete my studies at Le Cordon Bleu, I plan to work at a well-established restaurant or hotel and work my way up from a cook to a chef. At the same time, I also plan to cater as a side business. After ten years in a professional environment, I hope to have gained the knowledge and skills it will take to become an executive chef at a high-end restaurant or owning and managing my own restaurant. I have always had a passion for cooking. I would consider my grandmother and grandfather my mentors because I would enjoy watching and helping them prepare meals. Some of my best memories are times when we would have family gatherings and staying up all night to cook for the next day. One Christmas I got an Easy-Bake Oven and since then I could not stay out of the kitchen. While I was in high school, I would always cook for my family and classmates. I excelled in my home economics class. I honestly did not think the food I prepared was as good as they made it out to be, but the more they praised me, the more I start experimenting with different recipes. Now, over ten years later, I am much more confident and ready to pursue a career in culinary arts because of the satisfaction it brings me. When I graduate from Le Cordon Bleu with my Associates degree, my short term goal is to work at a well-established restaurant or hotel. With time and experience, I plan to move up to becoming an Executive Chef. I also plan to cater on the side for special events and for people requiring a personal chef. I am sure that the opportunity of being educated at Le Cordon Bleu will pay off and I will reap the benefits of being a disciplined student.

Marketing Essay Example | Topics and Well Written Essays - 3750 words

Marketing - Essay Example Marketing has been defined differently by various authors. As per Eztel, Walker and Stanton (2003), ‘Marketing is a total system of business activities designed to plan, price, promote, and distribute want-satisfying products to target markets in order to achieve organisational objectives’. On the other hand, Kotler (2003) defines marketing as ‘a societal process by which individuals and groups obtain what they need and want through creating, offering, and freely exchanging products and services of value with each others’. These two definitions provide significant insight into the main operations of marketing, vis-Ã  -vis planning, pricing, promotion and distribution. The American Marketing Association provides another definition of marketing as ‘the process of planning and executing the conception, pricing, promotion, and distribution of ideas, goods, and services to create exchanges that satisfy individual and organisational goals’ (Bennett, 1995). There are three main eras through which marketing has evolved as a revolutionary concept and has taken its current form. These include product orientation period (Eztel, Walker and Stanton, 2003) in which demand were greater than supply, manufacturing and production were limited and industries were not fully developed or capable to take care of the needs of the market. In this period, the main focus of the companies were on producing large quantities of products to satisfy the ever more increasing wants and needs of the target market. Little, if at all, efforts were used to be put in the marketing of products through searching the customers. This was followed by sale orientation stage (Eztel, Walker and Stanton, 2003). In this period, customers used to have relatively lower purchasing power, hence companies began hard selling through overly aggressive advertising and heavy reliance on promotional activities. In the post world war II era of 1950s and onwards, market orientation has emerged as

In what circumstances have NGOs come to perform governmental functions Essay

In what circumstances have NGOs come to perform governmental functions - Essay Example NGO’s are the voice of the civil society and fuel social development. But why do we need NGO’s. Do they represent failure of government in bringing the social justice and providing necessary human and social development? Is the role and impact of NGO’s has changed in any way in the wake of globalization? This paper aims at studying the circumstances which makes the NGO’s perform nongovernmental functions. It will also discuss history and changes in the type of work done by NGO’s. The paper aims at investigating the reasons of the recent growth of NGO’s. An example of how the policy and working of NGO’s have changed in the wake of globalization and changed circumstances will also be discussed to develop a sound understanding of the situation. History and Growth of NGO’s The concept of NGO is not new and can be traced back to the late eighteenth century but the terminology of NGO is relatively recent. The first NGO in its raw form was formed by Thomas Clarkson along with some other men in 1787; when they formed a society to dissuade British companies and ship owners to involve in salve trade. The struggle continued in different forms against different form of oppression and eventually Red Cross was formed in 1855. The NGO activity has grown considerably from those early days of Clarkson. According to the statistics of the Union of International Associations, the no of active NGO’s in 2001 was around 25,000 that is 10,000 more than the figure of 1980. Besides these active NGO’s a huge number of inactive NGO’s also exist, which are capable of becoming active upon arrival of need. The number of inactive NGO’s in 2001 was astounding 18,000. The same is true for the national and local activist groups. Recently what has been observed is the mushroom growth of such organizations all over the world. Indonesia had only one organization for environment protection but now the number has cros sed over 2000. In the Philippines the number of NGO’s has increased from 18,000 to astounding 58,000 only between the period of 1989 and 1996. According to a study of Worldwatch institute the number of grass root or low level NGO’s in United States is approximately two million. The study also revealed that approximately two third of them were established in the last thirty years. NGO’s are not only growing in number but they are also improving in quality in terms of skills, specialization and sophistication. Most highly educated people holding masters and doctoral level degrees are associated with NGO’s. Typically NGO’s very successfully align their strategies with the political, economic, social and environmental trends. Their ability to communicate with media is considered the best in the private sector. NGO does also have this ability to move quickly and form global networks (Blackburn, 2007). Influence of NGO’s NGO’s are changing the way business is being done all over the globe. They are powerful, innovative and organized. They provide social and humanitarian services in cross national contexts that are somewhat politicized as well. NGO’s these days have a strong influence over business.

Economics Management Assignment Example | Topics and Well Written Essays - 1500 words

Economics Management - Assignment Example Fishback defines government policies as the set of rules and laws that the government puts and have a direct or indirect impact on the way people conduct business within a country. The government puts laws in place to inhibit or to encourage certain business strategies within the business market. However, it is wise to note that government policies are a double edged sword and may have either negative or positive impact on the economic development in a country. While some regulations may benefit a country, others may work against its development strategy. For instance, in the US, the government launched a deregulation procedure in the early 1990s as a strategy to open up business development.This was after the government realized that strict regulation of the business market culminated to unprofitability in the business sector. Therefore, the government should be analytical while implementing laws to ensure that they create a healthy business environment. In a dynamic business market , it has become the challenge for the government to choose the best approach to regulate business.To promote economic development within a country, the government should design laws to regulate competition within the market.Laws should ensure that the every investor has a fair chance to start the business and compete with its rivals. This helps to prevent monopolistic competition that may impact negatively on the economy of a country. Monopolistic competition results to unfair competition, which benefits only a few investors.

Teva and Sandoz court case Study Example | Topics and Well Written Essays - 1000 words

Teva and Sandoz court - Case Study Example eral Rule of Civil Procedure 52 (a) (6), the Court of appeals ‘must not..set aside ‘a district court’s findings of fact unless that are clearly erroneous. In the case of Anderson v. Bessemer City, 470 U.S 564, 574, the case does not make any exceptions or exclude any category of facts from the appeals’ obligation. The rule is applicable to both ultimate and subsidiary facts and thus district court sitting without a jury should not decide factual issues de novo. In the case of Markman V. Westview Instruments Inc, 517 U.S 370, the court held that the ultimate question of claim construction is for the judge and not the jury and thus it did not set up an exception from the ordinary rule on appellate review of factual matters. The ‘clear error’ is thus important as the district court that has listened to the case has a better opportunity to gain ‘familiarity’ with the scientific principles or problems. Sandoz argued that separating ‘factual’ from ‘legal’ questions may be difficult and thus it was simpler for the appellate court to review the entire district court’s claim construction de novo that apply the two separate standards. However, the courts have been able to separate the factual from legal matters as evidenced in the case of Options of Chicago Inc v Kaplan, 514 U.S 938. The Supreme Court in a 7-2 majority held when reviewing District’s Court resolution of subsidiary factual matters made in the course of construction of the patent claim, the Federal Circuit must apply a ‘clear error’ and not the de novo standard of review. Justice Stephen Breyer outlined that Federal Rule of Civil Procedure 52 (a) (6) established the ‘clear erroneous’ standard without any exceptions and thus it was not necessary to create an exception to the standard in the case. The court pointed that construction of patent claim is a factual determination and thus must be guided by well-established standards. According to the judgment, an appellate court

Emergency Management Case summary Study Example | Topics and Well Written Essays - 1250 words

Emergency Management summary - Case Study Example There are many disaster management agencies all over the world. Examples include government based emergency management agencies such as the Federal Emergency Management Agency (FEMA) in the United States of America and non-governmental organizations include UN Agencies and the Red Cross. This paper focuses on the Great East Japan Earthquake and the emergency management process following its occurrence. This earthquake, also referred to as the Great Tohoku Earthquake, occurred in the Northeastern part of Japan off the coast of Honshu and led to a myriad of losses in property and life. Japan is one of the most calamity prone countries accounting for about 20.5% of global earthquakes measuring a magnitude of 6 and above. This arises from several contributing factors that make the country’s topographic, geographic and climatic conditions unfavorable. Japan sits on the intersection of three continental plates; the Eurasian, Pacific and the Philippine Sea plates. The stress resulting from the collision and subsequent grinding of these plates against each other leads to the buildup of significant seismic pressure that in turn contributes to seismic and volcanic activity. As a result of this, Japan contributes to about 7% of the world’s volcanic activity in addition to the numerous earthquakes that occur. In addition to this, the country often experiences adverse meteorological conditions in the form of typhoons that cause extreme storms, high tides and flooding (Nazarov, 2011). In the 1940s, Japan adopted various emergency management legislations that governed the preparation, mitigation, response and recovery phases of disaster management processes. The Flood Control Act of 1949 regulates river and flood management while the Disaster Relief Act of 1947 dictates the provision of essential disaster relief by emergency management stakeholders. The

Influence of Television on Young Children Assignment - 6

Influence of Television on Young Children - Assignment Example Almost every household in the U.K and many other countries in the world have a television set. The television serves to entertain, inform and educate the audience depending on the program that is being watched. It is quite evident that young children are never left behind when it comes to watching television. Experts note that children should be allowed to watch TV judiciously and moderately if they have to benefit from it and are quick to warn that young children can be negatively influenced by the content they watch on TV.  In as much as television may have positive influences on young children, it is greatly associated with several ills.   For one, studies have shown that when children watch violent programs on TV, they tend to emulate the violent â€Å"heroes† that they see and act violently toward their peers, animals, and even older people.   For example, when they watch Steven Seagal acting in The Glimmer Man, young children believe the actor is a hero and may act like they see him do against their peers.   Furthermore, children may adopt risky behaviors such as smoking and drinking as a consequence of what they see on television according to kidshealth.org. Other negative influences of TV on children include reinforcing racial and gender-role stereotypes.   In conclusion, Television may have good or bad influences on young children depending on how much and what they watch.      

Explore How Black People Are Differently Treated by the Criminal Justice System Essay Example for Free

Explore How Black People Are Differently Treated by the Criminal Justice System Essay Racial prejudice is not unique to modern day society, it has been with us for a long time, this has been coupled with the belief that certain racial groups are less intelligent, or backward compared to white European stock, nowhere is this more true than in the criminal justice system. In 1869 Francis Galton published a book called Hereditary Genius this contained a chapter called The Comparative Worth of Different Races which considered that black Americans were genetically inferior to white Americans. Galton stated that blacks scored on average 15 IQ points below whites. (Coleman 1987) We can see that within the field of criminal justice, and with Galtons work considered that black people were bound to be treated differently due to a belief born out of misunderstanding of the nature of culture and individual personality differences, the hereditary argument has never been scientifically proved or disproved. The 1991 census showed that 5. 5% of the population were from an ethnic origin, with 1. 6% of these being black from an Afro-Caribbean background. It was reported that a higher amount of the ethnic minorities was of younger people than in the general population, and it can be seen that this alone could be a reason for the proportionately higher level of blacks in the criminal justice system , going on the grounds that in the indigenous population it is the younger generation, those aged 14-25 years that commit the vast majority of crime. Crime by ethnic minorities, and in particular young black males can also be seen to be a social situation, and may be a product of sheer logistics. Many new immigrant families move into what is perceived as a high crime area, particularly inner city areas, where housing may be cheaper and unemployment is higher than at a national level. These areas may receive more police attention than richer areas and therefore the new immigrant families come to the attention of the police more than those in more rural areas. xenophobia may also cause the police to over react when dealing with black families. A study by Goreman Coleman (1982) looking at personality and attitudes within the British police force, showed that the average police constable was indeed racist. They asked in the study for police officers to write a short essay, some of the comments were vigorously racist, comments such as, Certain members of the coloured population that l have met are OK but the majority of youths of the West Indian community are savage ignorant vicious thieving bastards , . most of them are just dirty , over 50% of trouble is caused by niggers , smelly backward people who will never change (Coleman 1987). In the last 10 years most public agencies, including the police force, have formed equal opportunities policies, these apply not only to recruitment but also to the way people are treated, and is especially needed in the criminal justice system where there are disproportionately more blacks than whites in the prison system in comparison to the size of the black population in society as a whole. It was reported in 1982 that black people made up 18% of the prison population, but only accounted for 5% of the general population. The figures are worse for Afro-Caribbean males, 1% of the population, but 11% of the prison population. (Home Office 1982). During the 1980s it became apparent that blacks were more likely to be stopped by the police. The British Crime Survey in 1988 found that 14% of Asians, 15% of whites, but 20% of Afro-Caribbeans reported being stopped by the police in the preceding year (Skogan 1990) The British Crime Survey also reported that there was some evidence that crimes detected by the police and those reported by the public seemed to have a racial bias. Blacks and Asians also complained more than whites about the way they were treated once arrested by the police (Skogan 1990). On the subject of arrest it seems also that blacks are treated differently in this process. A survey by the PSI (Policy Studies Institute) in 1983 found that blacks were disproportionately arrested, they found that 5% of the population of London were black, but 17% of those arrested in London were black. Further studies by Walker (1988) (1989) support these findings. Landau Nathan (1983) reported that there is evidence to suggest that blacks will be cautioned less than whites, a white youngster is four times more likely to receive a caution than a black juvenile. Also black juveniles are more likely to be remanded in custody than whit or Asian teenagers. Walker (1988) also showed that black juveniles are twice as likely to appear at crown court than whites. A Home Office Statistical Bulletin (1986) showed that blacks in prison were more likely to have less previous convictions than white men in similar circumstances, the figure for whites was 62%, Afro-Caribbeans 48% and for Asians 20%. The main finding from these and many other statistics is that black people are dealt with, whether as suspects, offenders or defendants, in a highly disproportionate way, it can also be seen that they are treated more harshly than their white counterparts at virtually every stage of the criminal justice process. It is therefore not surprising that black people have less faith in the police and criminal justice system than white British people. David Smith (1994) argues that the main group in society has a degree of power, seen to be unique and special in relation to religious, social and cultural traditions of the particular society, thus creating an unequal legal system that is biased against ethnic minorities. This can be seen to be the stem from which racial disparities may emerge in the British legal system and criminal process, and may explain why black people are treated differently by the criminal justice system. He (Smith) further argues that the law is a national institution and part of a national identity that is born out of centuries of tradition, and therefore unless changed does not take account of relatively recent immigration of ethnic minorities to this country. It can be argued that there are two main reasons for blacks being disproportionately represented in our criminal justice system, firstly that they commit more crime, and secondly that they are treated in a different and possibly harsher way, so as to be over represented in the criminal justice system. Research in the USA has shown that crime is in fact higher amongst blacks (Wilbanks 1987). This view has been criticised, for example by Reiner (1993) stating that to exclude external variables that effect such findings is almost impossible. Reiner (1989 1993) concluded that it is the way in which black people are treated differently from white people in our criminal justice system that created the disproportionate levels of minorities in the process, although he concedes that this is far from conclusive. Smith (1994) criticises Reiner for this view, believing that Reiner is contradicting himself, with little evidence, suggesting that it is treatment that cause high black representation in the criminal justice system, but stating that this may not be believed by some, and is in fact inconclusive. It is true that blacks are over represented in the criminal justice process, what is not clear is, why. Whether we like to think it or not there is still a great deal of racial prejudice in this country, and this alone feeds societies morals and thus its policing and criminal law, this prejudice and discrimination therefore makes it difficult for minorities to gain employment, especially in times of high unemployment and recession. This can lead to feelings of rejection, lack of self-esteem, poverty, lack of self-respect and insecurity. Blacks, as mentioned above, often live in the poorest areas of the cities and therefore come to the attention of the police far more than white youths, parents may also find it difficult to exercise control over their children in areas where social control is at its lowest. Whatever the reason for higher black crime, whether a statistical wrong, or innate criminality, for which there is little support, it is clear we will never get at the real reason that blacks are treated differently by the criminal justice system, too many people would have too much to lose by finding an answer. 1,407 words. REFERENCES. Coleman, A. (1987) Facts, Fallacies and Frauds in Psychology. London: Unwin Hyman. Galton, F. (1869) Hereditary Genius, an enquiry into its laws and consequences (2 ed. 1978) London: Friedmann. Coleman, A. Goreman, L.. (1982) Conservatism, Dogmatism, and authoritarianism in British police officers. Sociology, 16, 1-11. Landau, s. Nathan, g. (1983) Selecting Delinquents for Cautioning in the London Metropolitan Area. British Journal of Criminology. 23, (2): 128-48. Reiner, R. (1989) Chief Constables. Oxford: Oxford University Press. Reiner, R. (1993) Race, Crime Justice, Models of Interpretation. IN L, Gelsthorpe, W, McWilliam (Eds) Minority Ethnic Groups and the Criminal Justice System. Cambridge: Cambridge Institute of Criminology. Skogan, W. (1990) The Police and Public in England and Wales, A British Crime Survey Report. Home Office Research Study no: 117. London: HMSO. Smith, D. (1994) Race, Crime and Criminal Justice. IN Oxford Handbook of Criminology. Maguire, M. ; Morgan, R. Reiner, R. (Eds) Oxford: Claenden Press. Walker, M. (1988) The Court Disposal of Young Males by Race in London 1983. British Journal of Criminology: 28, (4) 441-59. Walker, M. (1989) The Court Disposal and remands of White, Afro-Caribbean and Asian Men(London 1983). British Journal of Criminology. 29. (4), 353-67. Wilbanks, W. (1987) The Myth of a Racist Criminal Justice System. USA: Brooks/Cole.

Impact of US Dollar on Canadian Economy Essay Example for Free

Impact of US Dollar on Canadian Economy Essay The Canadian Economy is strong. According to the 2001 Canada Yearbook, factors contributing to the country’s economic health are: natural resources; manufacturing and construction industries; financial and service sectors; the ability to span distances using communications and transportation technologies; dynamic trade relationships with other nations; and the ability to compete in a global marketplace (2004). Being the 2nd largest country in the world, Canada’s natural resources accounts for 12. 6% of its GDP growth in 2003. The Energy Sector, Forestry, Mineral Sector as well as Geomatics Sciences are responsible for this growth. Exportation of natural gas, timber and wood products, potash, uranium and other minerals make up for the growth. Geomatics is the science and technology of gathering, analyzing, interpreting, distributing and using geographic information. Since 2002, when the Canadian Government initiated the focus on understanding and mapping its land resources, it became one of the leading suppliers of information, technology and equipment in Geomatics. Today, Geomatics is a $10 to $20 billion dollar industry growing at a 20% rate, and thus is a potential growth area for the Canadian natural resources sector. According to Industry Canada, the Manufacturing and Construction Industries contribute to about 40% of Canada’s GDP, with an actual gross approximately $25 billion in December 2005. The two industries combined showed growth near single digit levels, (manufacturing at 1% GDP and construction at 0. 7% in Dec. 2005) which propelled the 0. 4 over-all GDP, making up for the loss in the Agriculture section at -1. 6% GDP in December 2005 (2006). The services sector in general is boosting the economy. Canada Yearbook states that the sector employs three out of four Canadians in the 21st Century (2004). Though their output is not as tangible as manufactured or natural goods, the services sector is everywhere and serve as the backbone of every economic sector. From the driver of a courier van to the company financial analyst to the service providers in Civil Defense, all the roles belong to the services sector. Together with advances in information technology, the services sector is transforming Canadian Economy into a knowledge-based economy (2006), as claimed by the Canadian Yearbook, where-in its modern products are efficient back-end services, professional consultancy and breakthrough technologies and equipment. Despite the economic transformation, trade is still the main means of business for Canada. As such, relationships with trade partners play a vital role. Among the countries in the world, four markets are in constant and significant trade relations with Canada: United States, United Kingdom, Japan and more recently, China. Among the four, its close neighbor, the United States takes about 75 – 80% of Canada’s trading business. Thus, changes in the Unites States economy, particularly of the US dollar impacts Canadian economy. State of Canada-US Trade Geography and history have provided opportunities for the United States and Canada to be in close business relations. In the natural order of things, free trade between the two nations would be beneficial in toto. However, political and social ramifications have prevented the successful pact since the mid 1800s until such time when, despite the disagreement of Canada’s Conservative Party, the Free Trade Agreement (FTA) between US and Canada was effected in October of 1987. The over-all provision is to minimize tariffs of all goods traded between the two countries to a maximum of 1%. With the FTA in effect, trade between the two countries rose to 40% from a pre-FTA level of 25%. However, there is strong opposition from Canada about violations of the United States in the provisions of FTA, to the disadvantage of Canada’s agricultural business. However, seeing the benefits of a free trade zone, Prime Minister elect Jean Chretien improved the FTA and broadened the extend of the free trade to Mexico. Thus, in January of 1994, the North American Free Trade Agreement (NAFTA) between the United States, Canada and Mexico, took effect. Such Agreement involves an immediate and phased release of tariffs and trade barriers for agricultural products traded between the three countries. A macro benefit of NAFTA is a systematic conduct of business within North America because of the creation of an impartial, rules-based system to resolve dispute among the countries. Significant increases in trade activity were observed among the three countries in the first seven years of NAFTA implementation as compared to agricultural trade activities with other markets outside of North America. Canadian agricultural and agri-food exports to the United States and Mexico have increased by 95 percent, reaching $14. 8 billion in 2000. In comparison, Canadian exports of agricultural products to non-NAFTA countries grew by 45 percent during the same period, according to Agriculture and Agri-food Department of Canada (2006). Prior to NAFTA, agricultural import-export activities between Canada and the United States was only at $13. 7 billion. However, this increased $25. 1 billion in 2000, 82% higher, since 1993. Because 61% of Canada’s farming produce are exported to the United States, agricultural exports for the same period grew 92% to reach $14. 1 billion. As a result, Canadas agricultural trade surplus with the United States has more than tripled since 1993. As summarized by the Agricultural Department of Canada, Horticultural crops: volume exports of tomatoes increased twenty-fold while exports of peppers and lettuce increased seven-fold, and exports of cucumbers increased six-fold. Oilseeds products: soybean oil volume exports increased seven-fold, exports of sunflower oil quadrupled, and canola oil exports increased by 44 percent. Specialty crops: dried beans volume exports nearly tripled. Red meats: beef volume exports more than doubled while pork exports increased by 87 percent. Processed products: roasted coffee volume exports increased nearly seventeen-fold, malt exports increased nearly five-fold, exports of frozen French fries increased four-fold, and pasta exports more than tripled. Following the success of NAFTA and its predecessors from other continents of the world, Canada together with thirty-three other countries belonging to the American Continent are drafting a free trade agreement called Free Trade Agreement Among the Americas (FTAA). With its complex participation, the agreement is still under negotiations. Factors that Influence the Rise of the Canadian Dollar (against the US Dollar) With the rise of the United States as an Economic super power, it naturally assumed a role of having the US dollar as a worldwide currency. Significant markets such as Canada are always compared to the dollar. Moreover, being a majority trade partner of the US, the exchange rate of the Canadian dollar matters significantly over the US dollar. Since 2003, Statistics Canada has plotted the rise of the Canadian dollar against the US dollar and indicated its significant rise against the greenback. There are three factors that may have contributed to this growth: first, the weakening of the US economy brought about by increasing current account deficits; secondly, the worldwide increase in commodity prices; and thirdly, the improved performance of the Canadian economy resulting in trade surplus. Since 2001, there has been a common phenomenon in most major currencies in the world: they appreciated against the US dollar. The Euro and Canadian dollar were two of the strongest performers. When the Euro surpassed the greenback in 2003 analysts predicted that there was no turning back. While the loonie has seen significant appreciation at the rate of 25% since 2001 until 2005, surpassing historical performance by the US dollar. Such appreciation has been driven by the increasing trade deficits of the US. Since 2001, the US has been buying more goods and a service than the country is able to sell. More oil, gas, metals and services were bought with US dollars than were sold outside of the US. Some analysts believe that the on-going War on Terror has been the main source of the deficit. While the country is still figuring out how to address the deficits, major trade partners such as Canada are reaping the benefits of a weakening dollar. At the mercy (or because) of commodity supply, the Canadian economy remained resilient despite the volatility of oil, gas, metals and wood. Being a major supplier of such commodities, precarious world prices came at an advantage. Despite some internal losses as a crude oil refiner, the bottom line effect of this factor remained positive and contributed to GDP. Thus, the increase of the Canadian dollar. Last factor that weakened the dollar from Canada’s point of view is the initiative of its government to attract more businesses through higher interest rates (vs. that of the United States). The over-all effect therefore, of the three factors above is the weakening of the US dollar against the Canadian dollar. Today, the exchange rate of the Canadian dollar is rising and reaching its peak in 2001, at C$ 0. 846 vs. the US$. With such growth, the general assessment of Canadian economists, businesses and external analysts is that this is positive for the Canadian economy, now more than ever. The next sections will have full discussion of the different sectors in the Canadian economy as impacted by the weakening (or strength) of the US dollar. Impact of the US Dollar on Canadian Industries Exports Apart from agriculture and agri-products, steel is another commodity that Canada heavily trades with the United States. Canada’s steel production accounts for approximately two percent of the world’s total supply. This is very small as compared to the Asian producers (Japan, North Korea and Taiwan), which accounts for nearly 40%. Nevertheless, 89% of Canada’s steel export go to the United States while 58% of Canada’s imported steel come from the US. Trade barriers, transportation costs prevent small Canadian steel producers from competing outside of North America. North America’s open market is ideal for small and big steel manufacturers from Canada. Just by its size and high demand, the opportunity for supply is wide. In addition, proximity to such a large market allows for low transportation cost. Just-in-time supply is immediately served without much impact on delivery cost. Furthermore, inventory can be kept low unless preparing for construction peak. Steel pricing in North America is also higher than other export markets by as much as 40% when compared to Japan, where steel importation is minimal due to its own supply. In North America, particularly the United States, steel trade is predicted to continue growth. In this light, sustained and open access to the U. S. market is key to the Canadian steel industry. A slight fallback in the market, for example, experienced in 1995 posed a threat to the industry. Whenever such a slow-down happens, issues related to anti-dumping and government subsidies arise, without any proper venue for address under NAFTA. Unfair trade practice is an issue commonly raised by the US against Canada when market conditions appear to favor Canada’s steel industry. In the same manner, weakening of the US dollar may initiate such a condition when Canada’s steel industry continues to maintain a surplus against the US. Once again is likely to be subject to charges of unfair trading practices by U. S. steelmakers. In 1993, according to Industry Canada, the country had a global steel trade surplus of $580 million and a steel trade surplus with the U. S. of $909 million. While the trade surplus was maintained with the U. S. , the surge in steel demand in 1994 resulted in a dramatic rise in imports and produced an overall international trade deficit of $207 million. The total trade balance deficit increased in 1995 to $349 million as Canadian imports again exceeded exports. However, the steel trade surplus with the U. S. was $1. 0 billion in 1995. Over the period from 1989 to 1995, steel imports have increased from 18. 6 percent of apparent domestic consumption in Canada to 29. 9 percent in 1995. Meanwhile the import share held by the U. S. increased from 8. 6 percent to 17. 5 percent. In the U. S. market, imports increased from 17. 9 percent of apparent domestic consumption in 1989 to 21. 4 percent in 1995, with Canadas import share increasing from 3. 1 percent to 4. 0 percent. With such steel trade dynamics between the two countries, the weakening of the US dollar means the increase in Canada’s export price. Either more US dollars are needed to purchase the same Canadian product in the 21st century, than during the slump 1990s; or less Canadian dollars are earned for every sale of a Canadian export. At the other end, when Canada imports from the US, the commodities and services become cheaper. Either way, both impacts sales and profits. When sales and profits are volatile, vulnerable small businesses tend to closedown and contribute to unemployment. In order to maintain profit margins, Canadian export companies will need to improve efficiencies. Improvement may come in three ways: production streamlining, outsourcing and amortization gains. When the US dollar is low, it is the best time for companies to reevaluate tools and machinery throughput. Technology improvements will present more-efficient, more-automated processes, which can be useful in improving production efficiency. Since most equipment are bought from the US or are priced in US dollars, lower dollar exchange rates mean cheaper equipment. This is one way that exports companies to maintain profit margins by reducing production cost through efficient machines. In the same line of thinking importing services also come cheaper than when the US dollar is strong. Whether obtaining services from the US, or from East Asia, where intelligent and skilled labor is cheap, outsourcing back-end process in export production always contribute to efficiency. Though this may result to redundancies, macro effects of outsourcing prove to be positive to the bottom line. Lastly, for businesses that amortize US dollar-denominated loans, there will be gains in the amortization payment because of the weakened dollar. Furthermore, during a round-table public forum in 2004, businessmen have suggested that the Canadian government consider lowering interests rates to match that of the US. Doing so will minimize the impact of loans on Canadian dollar-based denominations despite its appreciation. Imports The stronger currency benefits importers. Consumers and businesses benefit from a better Canada-U. S. exchange rate through less expensive imports from the U. S. The depreciation of the dollar lowers import costs and, more specifically, offers cheaper capital goods, making investment in new machinery and equipment in Canada cheaper. Canadian businesses import 80% of equipment and machinery, and with these imports now more affordable, a boost to business investment can be expected. However, some argue that with the loss of revenue, investments in new machinery and equipment would not be substantial.

Overview of Bristol, Rhode Island

Overview of Bristol, Rhode Island Silva 1 Thousands upon thousands of cities and towns blanket this beautiful planet. Many different cities and towns are indeed interesting subjects for study and analysis. One particular town in general possesses many characteristics that help to build what this planet is. Bristol, Rhode Island definitely is a magnificent town to visit, live, or study. Why Bristol? Bristol, Rhode Island and its unique history, culture and other geographic characteristics make it a wonderful place to live. To understand the Bristol of today, one must critically analyze the history of the area. Bristol has a long, rich history—a history that dates back over 1000 years. Around the year 1000, Vikings from Iceland are believed to have landed on the shores of what is today Mount Hope Bay (Almy 8). This is the first recorded contact from the outside perimeter of the world to Bristol. Many believe that the name â€Å"Mount Hope† has been passed down from these Vikings to the indigenous Amerindians of the region. The Amerindians ultimately passed the name onto the first English settlers (Almy 8). The first European settler to make his home in the Mount Hope Lands was John Gorham. Gorham was granted 100 acres of land by the Plymouth colony, and has been given credit to be the official founder of Bristol. Much of the surrounding time saw little English settlement. However, much of the time was devoted to a series of conflicts between Amerindians and English settlers. The most notab le conflict was the King Phillips War (1675-1676). The Amerindians were subsequently crushed by the English settlers and Amerindian control over the lands was lost forever. The Mount Hope Lands were now under full control of the Plymouth Colony and not the Amerindians (Funk Wagnall’s 358). The colonial administrators took little time in making attempts to develop the area, and in 1680 the process of settlement took a momentous step. Four proprietors bought a tract of land (what is now Bristol). At this time the relative location of Bristol was as follows: The Mount Hope Lands lied between present day Taunton and the Mount Hope Bay on the East and the Narragansett Bay on the west; the land also extended from Bristol Ferry some 6 miles from the north (Almy 8). The Proprietors took their land and broke it up, selling portions to other English settlers. The following year, 1681, the first town meeting was held and a decision was reached about the future name of the Mount Hope La nds. The settlers saw the opportunities that were before them and they chose to name the Mount Hope Lands after the seaport city of Bristol, England in the hopes that one day, Bristol of the New World would emulate the success of Bristol, England (Funk Wagnall’s 358). Bristol finally had a name and a mass a settlers that would plant the seed and develop the area to what it is today. It is important to understand at this particular point in history the town of Bristol was under the auspice of the Plymouth Colony, which today is present day Massachusetts. The surrounding areas, most notably Taunton, made attempts to diminish the role of Bristol within the colony; therefore, Bristol attempted to remove itself from the Plymouth Colony and chose to be annexed by the colony of Rhode Island. At a town meeting in 1747, Bristol decided to officially break away from Plymouth Colony, and Rhode Island was there to take the potential seaport. Bristol was now part of Rhode Island (Almy 9). Bristol, as it is known today, came into existence. To better understand the Bristol of today, two important aspects of Bristol’s history must be understood. The history of industry and the history of immigration helped to shape Bristol immensely. From 1680 until about 1830 the town of Bristol was engaged in commerce and agriculture. Everything from onions to slaves was exported from this busy seaport all around the world (Almy 9). A new industry sprang up in 1832 as ships were sent out in search of whales on the Pacific Coast—whaling was successfully profitable for nearly 10 years. At about the same time the Industrial Revolution took hold in Bristol. Distilleries, gristmills, tanneries, and shipbuilding sprung up all over Bristol to support the commerce she engaged in (DiGati 15). The industrial age dominated Bristol for the remainder of the 19th century and most of the 20th century, but today Bristol is not engaged as heavily in manufacturing as it once was. A general shift, nationwide, has been to service industries. Another important historical aspect that has shaped Bristol is immigration. Several ethnic groups have come to Bristol throughout the years. The history of immigration in Bristol is necessary to understand the demographic composition of present day Bristol. In 1846 a massive potato famine struck Ireland, which led many Irish to flee their homeland and immigrate to the United States. Some of these immigrants ended up in Bristol, and by 1852 there were hundreds of Irish residing in Bristol. The Irish brought with them many new cultural traits; among those was their religion—Roman Catholicism. In response to the Irish presence in Bristol, the first Roman Catholic Church was built in Bristol in 1855. However, industry in Bristol was growing faster than the workforce, and a massive campaign was launched to recruit cheap foreign labor, or more specifically the Italians. The Italians were the second major wave of immigrants to reach Bristol; a high concentration immigrated around the 1880s (DiGati 16). The third major migration to reach Bristol is the most important, and the reason why today half the total population is from Portuguese ancestry and 20% of the homes still speak the Portuguese language (Census 1990). The Portuguese influx into Bristol has been steady and constant throughout most of the 20th century, and exploded immensely during the late 1970s as volcanic eruptions created havoc among the Azorean Islands (DiGati 16). The Portuguese, like other ethnic groups, brought a culture that is clearly evident today in Bristol. Unfortunately, there is a dark side to Bristol’s history that must be mentioned. Bristol actively, and openly engaged in the trading of slaves. Between the years of 1804 and 1807, 8,238 slaves were delivered to be sold by Rhode Island ships (DiGati 15). How could Bristol engage in this enterprise? The answer is money. Today Bristol is a prominent town in the State of Rhode Island and Providence Plantations, and serves as the seat of Bristol County in Rhode Island. Located on a peninsula between Narragansett and Mount Hope Bays, Bristol is about 12 miles southeast of Providence and 12 miles north of Newport. With a population of 22, 000, Bristol is easily accessible from Route 114 or Route 136 via Route 195, and from the Mount Hope Bridge via Route 24 (http://www.town.bristol.ri.us/about1.htm). To the west of Bristol’s border is the Narragansett Bay, which gives Bristol excellent access to the Atlantic Ocean. The demographics of Bristol help to create a diverse town. Census data reveals many changes and patterns of certain demographics within Bristol. Population demographics revealed by the 1960 census give keen insight into the town of Bristol during the 1960s. The total population of Bristol in 1960 was 14,570; of this total a mere 26 were nonwhite who inhabited Bristol (1960 Census). The African American population in Bristol at that time was virtually nonexistent. In terms of the minority presence in Bristol, nothing has changed over the years. From 1960 to 1990 the population of Bristol has grown to 21,624 persons; of this number a mere 60 are from African decent (1990 Census). A great disparity exists between the population of whites and blacks in Bristol. Statements made by minorities in Bristol gives insight into the reasons why this disparity exists. There is a feeling that opportunities are available, but, perhaps, the property is too expensive for minorities to afford to buy. D onald Isom, a concerned resident of Bristol, stated, â€Å"Property is expensive in Bristol, and minorities just can’t afford it.† Hopefully as wages for minorities increase, property will become more affordable for minorities in Bristol. Another interesting demographic characteristic that has remained intact over the years is the relative stability of the ethnic composition in the town of Bristol. In 1960 the total number of foreign born residing in Bristol was 2,367; of this total 1,476 were Portuguese; a distant second were the Italians, which had 474 foreign born residents in Bristol (1960 Census). At the present time, little has changed in the ethnic composition of Bristol. According to the 1960 Census, 9,146 declared Portuguese ancestry—nearly half of the total population of Bristol; again the Italians were a distant second with 4,768 declaring Italian ancestry. These statistics leave little doubt that the Portuguese are a dominant factor in the population of Bristol. The impact of the Portuguese on Bristol can also be seen by the language grouping in the area. A whopping 4,554 persons speak Portuguese at home, which constitutes 20% of the total population. The Portuguese have been able to preserve their culture in Bristol; the language data clearly explains this. Bristol is getting old these days. The population of Bristol has been growing gradually older throughout the years. In 1960, 10% of the total population was ages 65 or older. As of 1990 the proportion has doubled to nearly 20% (1960 1990 Census). The aging of Bristol can be attributed to improved medical treatments since 1960. The proportion of men to women in Bristol has remained the same since 1960, equally divided between men and women (1960 1990 Census). Income statistics in Bristol raise questions about equality in the town. A great disparity exists between men and women and their average yearly income. However, the gap in income has closed somewhat since 1960. In 1960, the average male, working full time, earned approximately $3,846 per year, while the average woman earned less than half that total—a mere $1,828 dollars (1960 Census). By 1990 the gap had closed significantly, but not enough to merit full equality. The median income of a female working full time was $18,402, while the median income of a male working full time was $27,422 (1990 Census). Although the situation has improved, there is a long way to go, not only for Bristol but also for the rest of the country. The disparity between wages is not a problem just for Bristol, but it’s a problem that faces the nation as a whole. Sandra Pereira, an employee of Coastal Medical in Bristol, stated her concerns on this matter, â€Å"Men are the ones who own most of the businesses [in Bristol] and they hire other males and pay them the big money. More women have to get better educated and take an active role in business, and hopefully [women] will make more money than men.† Housing statistics reveal interesting traits in Bristol. In 1960 there were 4,284 homes in Bristol, and 3832 of them were occupied. The owner occupied 3,326 homes or 86.8%, while the remaining 506 homes were rented (Census 1960). Obviously, as of 1960, a great number of Bristolians owned a home, compared to those who rented. Things have changed in the modern Bristol. By 1990 the homes in Bristol grew from 4,284 in 1960 to a staggering 7,959. The owner occupied 4,863 housing units, while 2,592 units were rented (1990 Census). Although the proportion of renters has changed since 1960, there is still a greater majority of those who own homes compared to those who rent. What is life like today in Bristol? The answer to the question depends upon the person who is answering the question. The question: â€Å"What do you like/dislike about Bristol and Why?† met different answers from different people. A young teen living in Bristol, answered the question with a resounding â€Å"No!† â€Å"There isn’t anything exciting to do in this town.† His answer is perhaps a little harsh, but it does have some validity. There is Colt State Park, but the beach there is not a major tourist attraction. It is a park where families can have cookouts, but nothing overly exciting. There are museums and historical houses that can be visited, but again nothing compares to an amusement park or a mall, which Bristol has neither. Most of the younger people yearned for something of that magnitude in Bristol. When the question was posed to older people different answers were acquired. Sandra Pereira a town resident in her mid forties proclaimed,  "I really love Bristol because it is a quiet, close community.† An African American in his early 20s answered, â€Å"Bristol would be a better place if more opportunities are made available to all races.† One major complaint that seemed to plague most residents was the horrible traffic that engulfs Bristol. Congestion is most common among routes 114 and 136. These are the two main roads that go through Bristol, and these are the two roads that are most congested with traffic. One possible solution to this problem would be converting route 136 into a four-lane road to ease traffic congestion. However, local government cannot solve this particular issue. Route 136 is a state road; therefore it must be augmented by the state. As of today the traffic problem is in a state of gridlock between Bristolians and the State of Rhode Island. Another issue that faces Bristol is the after effects of Bristol/Warren regionalization. For the past 6 years the Bristol and Warren school departments have been merged in the hopes of saving money. Students from Bristol are bussed to certain schools in Warren, while students from Warren are bussed to certain schools in Bristol. This new system has been in effect for over 6 years, and complaints are rising from Bristol. The Bristol/Warren School Committee was promised funds from the state, but the new governor reneged on that proposal. Now Bristol has swallowed much of the debt inherited from the Warren School Department. Property taxes have also increased when they were supposed to decrease. Anger and frustration are themes of school committee meetings. â€Å"Residents of Bristol and Warren must work together to do what is best for the education of our young people. We must cooperate or we will suffer,† stated Thomas Scuba, member of the Bristol/Warren School Committee. The i ssue is a hot one and definitely needs cooperation for it to succeed. Regionalization is too far along to reverse, so it must be dealt with. Bristol, indeed, is a great place to live, work, and recreate. Violent crime is virtually nonexistent in Bristol, and the community seems more like a family than anything else. This is best seen by the massive 4th of July Parade that engulfs Bristol each year. The oldest continuous independence parade in the country attracted 250,000 people to Bristol last year (http://www.town.bristol.ri.us/hmepge.htm). Colt State Park and many museums make Bristol a fun and cultural place to live in and visit. Jobs are widely available in Bristol. Manufacturing of machines, the fishing industry, and the service industry make Bristol an easy place to find a job. There is, undoubtedly, room for improvement in the town of Bristol. Opportunities must be available for minorities and women must earn a wage equal to that of men. In an interview with a longtime resident of Bristol, many emotions were uncovered. Maria Menezes, an immigrant into Bristol in 1944, has seen Bristol go through many changes. She has first hand knowledge of Bristol’s changing from a manufacturing powerhouse—dominated by mills, and factories—to the service economy of today. â€Å"It’s bad that plants closed, but I still love my home—Bristol.† Throughout her life she has loved Bristol, and it is understandable why. I have great faith in the future of Bristol. Bristol has a rich history, and dynamic ambiance. Certain problems within Bristol need to be addressed. More funds should be made available to decrease traffic and make roads more efficient. The state of animosity between Warren and Bristol over regionalization must also be dealt with. The two sides ought to come together, put aside their differences and do what is best for the both of them. If that means separation—so be it. There is no doubt that Bristol will work through these problems and continue to progress. All in all, I look forward to the future and success of the town of Bristol.

Finding Wisdom in Jonathan Swifts Gullivers Travels :: Essays Papers

Finding Wisdom in Jonathan Swift's Gulliver's Travels A wise man once said, "That which does not kill us only makes us stronger". Jonathan Swift obviously made good use of the moral of this quote when writing his book, Gulliver's Travels. In this book, Swift tells of Lemuel Gulliver's travels to fantastic nations that exist only in Swift's own imagination. However, as Gulliver journeys to these new places, his attitudes about the state of man and his morals gradually change. In every stage of his travels, Gulliver sees a new side of mankind that makes him pity the state of his kind, while allowing him to see the light and become a better individual himself. So as Gulliver progresses from Lilliput, to Brobdingnag, to Laputa, and finally to the Land of the Houyhnhnms, he learns different facets of the human character that depress him somewhat but cause him to emerge as a stronger person. On his first voyage, Gulliver learns the corruption and pettiness of humans and how these emotions can lead to distress. When he first lands on the island, he seen as a threat to the security of the people residing there and thus is treated accordingly as a prisoner. However, as the people of Lilliput become accustomed to the "man-mountain", he becomes somewhat accepted into their society and thus he sees all the disadvantages of their moral character. The people of Lilliput are corrupt and very materialistic. People earn places in the government by performing tricks on a rope not by using their merits and qualification for the job. Gulliver sees the petty differences between the Lilliputians emerge into full-scale wars that result in many deaths. However, Gulliver sees something else that causes the main sorrow in his heart. He sees the similarities between these characteristics of the Lilliputians and the people of his beloved England. Though he doesn't come out and say it he knows that the argument between the Big-Endians, and the Little-Endians, is no different than the differences between Whigs and Tories, and Catholics and Protestants. Though seeing his culture's petty differences illustrated in front of him made Gulliver see the error of his ways and this realization allowed him to be ready to benefit from the Utopia he would visit next. In Brobdingnag, Gulliver is in sorrow because he sees what people can become if only they try.

An Investigation into the P.e.d, Y.e.d and X.p.e.d of The Sony Playstat

An Investigation into the P.e.d, Y.e.d and X.p.e.d of The Sony Playstation1 I have chosen the Sony Playstation1 as my product. The Playstation1 went on sale in 1995 in Britain. It quickly sold all its stock completely due to very high demand, as it was a 'new thing' at the time. It cost  £200 in the shops and stayed at this price for a whole two years however demand started to decrease rapidly after this. This could be because of new arrivals to the console world i.e. Nintendo 64. So they dropped their price to  £130 and again huge demand for the product begun and they sold out. However after a year, demand for the Playstation1 dropped, so they dropped their price again down to  £100. There was still little demand, so they dropped their price even further to just  £70 and brought it out in a new smaller design. However things never picked up as the Playstation2 was released and so no one wanted the somewhat dated Playstation1. Prices remain at  £70 today in all major shopping stores. P.e.d (Price elasticity of demand) is divined as the responsiveness of the quantity demanded of a good to changes in its own price. It is calculated by the equation :- P.e.d = % change in quantity demanded % change in price As I have found information figures when the Plastation1 went on sale and more recent figures, I have worked out the P.e.d for the Sony Plastation1. P.e.d = 0.91 ============ The result shows the Sony Playstation1 is inelastic. This means the consumers are aware of changes in the price and reflect on them to whether or not they buy the product. Because of the quite neutral result of P.e.d it shows a balance ... ...le, an increase in the price of coffee will increase the demand for tea. This, I would not expect to be true for the consoles we are talking about. Goods in joint demand however will have negative cross elasticities. For instance, an increase in the price of record players will reduce the demand for records. This I would expect to be true for the Playstation1 and Nintendo 64. The coefficient will be high for goods that are very close substitutes or complements and low when they are neither substitutes nor complements. Uses of cross elasticity of demand  · Firms can estimate the effect on their demand of a competitors price cut.  · Firms can estimate impact on demand for their product if they cut the price of a complement e.g. if they cut the price of the computer, how much will demand for software increase?

Harvard Business School Essay

August 8, 1995 had taken an unexpected turn for Netscape Communications Corporation’s board of directors. Earlier that morning, the day before the company’s scheduled initial public offering (IPO), Netscape’s lead underwriters proposed to the board a 100% increase in the original offering price from $14 to $28 per share. This recommendation came in response to the remarkable oversubscription for Netscape’s shares, which had already prompted the underwriters to increase the number of shares to be offered from 3.5 million to 5 million. Under the current proposal, a company with a net book value of just over $16 million that had yet to turn a profit, was suddenly valued at over $1 billion. The Board faced a pricing dilemma within the context of an extremely unpredictable industry. While its members wanted to be responsive to Wall Street’s current zeal, they also wanted to make sure that the fundamentals of Netscape justified such a dramatic increase in valuation. Netscape Communications Founded in April 1994, Netscape Communications Corporation provided a comprehensive line of client, server, and integrated applications software  for communications and commerce on the Internet and private Internet Protocol (IP) networks. These products enabled the growing network of servers on the World Wide Web to communicate through multimedia, including graphics, video and sound. Designed with enhanced security code, these software products provided the confidentiality required to execute financial transactions and to sell advertisements on the Internet and private IP networks. The company’s most popular product, Netscape Navigator, was the leading client software program that allowed individual personal computer (PC) users to exchange information and conduct commerce on the Internet. Navigator featured a click-and-point graphical user interface that enabled users to navigate the Internet by manipulating icons and windows rather than by using text commands. With the user-friendly interface as a guide, Navigator offered a variety of Internet functions including Web browsing, file transfers, news group communications, and e-mail. Initially shipped in December 1994, Netscape Navigator generated 49% and 65% of total revenues for the quarters ended March 31, 1995, and June 30, 1995, respectively. Netscape’s server software provided enterprises with the basic capabilities necessary for creating and operating Web server â€Å"sites,† or places on the Web which browsers could visit. Research Associate Kendall H. Backstrand wrote this case under the supervision of Professor W. Carl Kester as the basis for class discussion rather than to illustrate either effective or ineffective handling of an administrative situation. Copyright  © 1996 by the President and Fellows of Harvard College. To order copies or request permission to reproduce materials, call 1-800-545-7685 or write Harvard Business School Publishing, Boston, MA 02163. No part of this publication may be reproduced, stored in a retrieval system, used in a spreadsheet, or transmitted in any form or by any means—electronic, mechanical, photocopying, recording, or otherwise—without the permission of Harvard Business School. Incorporating both browser and server functions, the company’s integrated applications software programs were designed to provide enterprises with the capability to manage large-scale commercial sites on the Internet. Such applications enabled these enterprises to conduct full-scale electronic commerce through a seamless system. Together, server and integrated applications software accounted for 36% of total revenues in the first quarter of 1995, and 28% of total revenues in the second. Of these revenues, the majority were generated by one of Netscape’s three server products, Netscape Commerce Server .1 Revenues from Netscape’s server and integrated applications products were expected to increase as a percentage of overall revenues in the future. In addition to product revenues, Netscape generated service revenues, which were attributable to fees from consulting, maintenance, and support services. These revenues amounted to approximately 5% and 7% of total revenues for the quarters ended March 31, 1995 and June 30, 1995, respectively. Financial Performance Netscape had incurred total losses of $4.3 million on total revenues of $16.6 million for its first two operating quarters ended June 30, 1995. The company expected to continue to operate at a loss for the foreseeable future. Exhibits 1 and 2 provide Netscape’s financial statements since its incorporation in April 1994. Operating activities for the six months ended June 30, 1995 had generated $7.3 million in cash. Cash flows from financing activities of $20.5 million were primarily attributable to the net proceeds of $17.3 million from the issuance of Series C Preferred Stock and borrowings of $2.2 million under a debt facility agreement. Cash used in investment activities of $22.1 million related to $16.6 in short-term investments and $5 million in capital expenditures. At the end of the second quarter of 1995, Netscape’s principal sources of liquidity were $8.9 million in cash and the $16.6 million in shortterm investments. The company expected total capital expenditures for 1995 of approximately $12 million. Industry Background The demand for Netscape’s products had evolved out of the development of the Internet in the late 1960s. The Internet was a global network designed to facilitate communication between some 35,000 computer networks using the enabling code termed Internet Protocol. According to International Data Corporation (IDC), in mid-1995 there were approximately 57 million Internet users. Of those 57 million users, IDC estimated that approximately 8 million were accessing information on the World Wide Web. Engineered in the early 1990s, the Web was a technology that linked one bit of information on the Internet with another so that users could share â€Å"webs† of ideas. The Web consisted of a network of Web servers that posted information in a common format described by the Hypertext Markup Language (â€Å"HTML†). Internet users were able to access information on the Web by implementing the appropriate Hypertext Transfer Protocol (â€Å"HTTP†). Because it necessitated complex coding, the Web had remained largely undiscovered by nontechnical users who simply wanted to browse, a popular pastime which came to be dubbed â€Å"surfing the Net.† 1Bundled packages of Netscape Navigator and Netscape Commerce Server accounted for about 10% of total revenues in the first quarter, while its contribution in the second quarter was immaterial. 2 Netscape’s Initial Public Offering Netscape’s Entrance Meanwhile at the University of Illinois at Urbana-Champaign, a group of computer science students working at the National Center for Supercomputing Applications (NCSA) developed the graphical software program that gave rise to the notion of â€Å"surfing.† Named NCSA Mosaic, the software program enabled nontechnical users to access and retrieve information on the Web. The Mosaic code organized Web information into neat collections of graphical electronic menus on which users could simply click-and-point to browse their contents. In April 1993, the founders of Mosaic, under the leadership of then senior Marc Andreessen, began distributing the software for free to anyone who had the technical means to fetch it electronically. The superb results of this strategy—two million Mosaic users within one year—made for more than cocktail conversation among high-tech gurus in California’s Silicon Valley. Jim Clark, the founder of Silicon Graphics, Inc. (known for its workstations that turned data into 3-D computer images), was among those who were impressed not only by Mosaic itself but by the broader vision of its creator, Andreessen. After hearing that Andreessen had moved to Silicon Valley in early 1994, Clark sent him an email asking if they might meet to discuss the future of  Mosaic. This exchange and subsequent discussions formed the launching pad for Mosaic Communications, which was shortly renamed Netscape Communications Corporation. In addition to dropping the Mosaic name, Netscape paid Spyglass (the company that had engaged in an exclusive licensing arrangement with the University of Illinois) a one-time $2.4 million fee for the rights to certain Mosaic code. With the original code, Clark’s management experience and $3 million in seed money, and Andreessen’s vision and technical expertise, Netscape made its entrance into the highly dynamic Internet market.

Persuasive Essay: Should public schools implement a school uniforms Essay

The issue of implementing a school uniforms is a controversial and lingering subject facing many of the school systems in the United States. Many people see that numerous problems exists within the public school system and they think that school uniform would be a good solution these problems. School uniform is a positive concept in public school because of many advantages such as, a cost savings by eliminating name brand clothing, student security, school spirit and simpler daily school preparation. First of all, uniforms can remove the distraction of symbols that reflect students social status, provide relief from competition for fashion and peer pressure and create equality between more and less wealthy students. In schools without uniforms students always worry about their appearance; those without expensive designer clothes may become outcasts. Many students feel that they are judges by other students, teachers and administrators according to what they wear. Additionally, parents usually support uniform because of its cost. The use of school uniforms is more affordable to families because there is not as much pressure to buy expensive, trendy clothing. Some people say a school uniform is expensive, especially the one in a good quality. But buying different clothes for everyday and season in a long run will be more expensive that buying a uniform which can last longer and, in some cases, can be worn throughout the year. For these reasons, school administrators and parents support this type of dressing code in schools. Moreover, studies have shown that in certain public schools 80% of girls and 62% of boys actually liked the uniforms. Furthermore, school uniforms can significantly reduce violence and discipline problems while motivating students to learn. In many cases, students clothes have been linked to the causes of violence. For example, in Detroit, an 18 year old was shot and killed for his parka and Nike sneakers worth $70 and in a six month period, four Chicago youths were killed for warm-up jackets valued between $900 and $200. In 1995, the school in Long Beach, CA made it mandatory for students to wear uniforms. In 1999, the statistics from these schools have shown that the crime rate dropped by 91%, school suspensions dropped by 90%, sex offenses were reduced by 96% and incidents of vandalism went down by 69%. Also, nine years after implementing school uniforms in one  of the schools in Maryland, the schools principal said that attendance and test scores have increased, suspensions and fights have decreased and students were more focused. Students who wear school uniforms behave more appropriately in the school environment more likely to follow school rules. As the research in school has shown, the mandatory use of standardized dress reduces violence within the school. Every morning, the teenager wakes up and starts thinking about which clothes to wear. School uniforms would save students as well as parents time. Kids in the morning would not have to make up their minds on what to wear. There is less distraction due to uniforms. They set a more serious tone in the classroom that is favorable for learning and can improve student performance. Also, by getting rid of the extra time choosing clothes, students are able to sleep and study more. As a result, students grades will rise. Some say that a child in a school uniform is more likely to take school seriously. Putting on the school uniform signals he or she is going to school just like dad dresses up to go to work. Schools report that when students dress in â€Å"work clothes† rather than â€Å"play clothes† they take a more serious approach to their studies. Even though some people might say that school uniforms interfere with the students right for self-expression, dont prevent violence and place additional economical burden on parents, the pros still outweigh cons. The studies and reports from various schools in the country proved that uniforms can improve discipline and promote the students interest in learning. Uniforms provide students with school uniqueness. Students will stand out in field trips and other school activities feeling a sense of belonging and team unity. The agreement between students will elevate their morale and self-esteem. Students that are together lead to a school that is united. â€Æ'Works Cited Manual on School Uniforms. US Department of Education 29 Feb. 1996. 16 Nov. 2008 . Pro School Uniforms Speech. Onpapers.com 04 Nov. 2008. 16 Nov. 2008 . Public School Uniform Debate. Education Bug 16 Nov. 2008 . Public School Uniform Statistics. Education Bug 16 Nov. 2008 . Reasons to Support School Uniforms. Onpapers.com 25 Jul. 2008. 16 Nov. 2008 . School Uniform. International Debate Education Association 01 Nov. 2000. 12 Nov. 2008 .

Breast Cancer Information Essay Essay

Breast cancer is the malignant form of tumor that develops from the breast cells and is the most common form of cancer invasive in women worldwide. This is considered second in malignancy after skin cancer in women. It starts from the inner lining of the milk ducts and spreads to the surrounding tissue. Breast is composed of microscopic cells, which multiply in an orderly manner with older cells being replaced by new cells. Uncontrolled multiplication of cells in a progressive manner is the phenomenon in cancer. Milk duct is the most common spot for the cancer to begin and this form is also known as â€Å"ductal carcinoma. While most breast cancer cases occur in women, male breast cancer is also rarely present. Breast cancer has two forms: invasive and non-invasive. Invasive form of breast cancer is where the cancer cells reach the nearby tissue from inside the lobules. In such cases, cancer cells reach the lymph nodes and reach other organs through metastasis. Liver, lungs and bones may get affected. The cancer cells may even reach other body parts by traveling through bloodstream or lymphatic system. Non-invasive form of breast cancer is where the cancer cells are limited to the origin i.e. inside the lobules. It is usually the pre-cancerous stage where cancer cells haven’t actually spread outside the place of origin and are â€Å"in situ†. This over a period of time develops into invasive breast cancer. The type of breast cancer determines the treatment to be carried out in each case. For breast cancer to be diagnosed it is important that its symptoms be known. The signs of breast cancer that are evident to the patient include headache or pain. Sometimes a rash or swelling may develop. Symptoms are what the doctor can detect like thickening of the tissue in the woman’s breast. Presence of lumps is not a sure sign of cancer as lumps need not be cancerous every time. It is important to get a health check up done by professional in case of lumps. Here are some known signs and symptoms which women report before the detection of breast cancer and need be diagnosed for analysis: 1. Redness of skin 2. Lump formation in the breast 3. Pain in armpits or breast not during menstrual cycle but otherwise 4. Swelling in the armpits(lumps) 5. Nipples of breast turning sunken or inverted 6. Change in size and shape of breast 7. Rash present around the nipples 8. Thickened tissue of breast 9. Discharge which may be that of blood from the nipples 10. Peeling, scaling or flaking of skin of nipples or breast It must be noted that these symptoms are not confirmatory indicators of breast cancer but are only a possible sign of malignancy. It may rather be a cyst or infection that causes such symptoms. In cases where diagnosis gives positive results, further treatment and course of action needs to be started by the medical professional. Determination of cancer type and its grade and also if genetic mutation is responsible for it or if it is hormone receptive is to be done. Positive breast cancer determination gives rise to the need for determining whether the cancerous cells have spread to other organs, tissues or bones. Effective treatments can cure the cancer or prevent it from spreading further. Local or systematic treatment based on the size, nature and extent of tumor is carried out post diagnosis. Surgery and radiation are means of local treatment where cancer cells are tried to be destroyed without affecting the other body parts or remaining body. Breast-sparing lumpectomy or mastectomy in aggressive form where the entire breast may have to be removed can be done as a part of the surgery. Systematic treatments involve targeting of bloodstream in the entire body and are given through mouth to reach target cancer cells. Toxic drugs such as cyclophoshamide or methotrexate may be used in such treatments. Biological treatment is the most recent form where therapy is used to strengthen the immune system to fight the cancer cells and curb the growth of cancer cells which have protein in higher levels. Which treatment regimen is adopted for a patient depends upon the age, type and stage of cancer. Since women over 50 years of age are most likely to develop cancer, early diagnosis can prevent cancer from happening altogether in many cases. Breast cancer screening tests are recommended in women over 40 years of age which are tests done without the  presence of any symptom. Detection is done by self exams, check up by medical experts or clinical mammography. Women who have family history of cancer must undergo the early screening tests as they are at higher risk of developing the malignancy through genes. Although causes of breast cancer are not ascertained, there are many factors that can be considered for its likelihood in females. As age progresses, the risk of developing breast cancer grows. Genetics also play a major role. Breast cancer is more common in such women whose close relative had ovarian cancer. If a woman had developed the non-invasive problem ever in her life, she is quite likely to develop breast cancer again in lifetime. Breast lumps at some stage can turn into cancer later on. For women with dense breast tissues, the chance of developing breast cancer is always higher. It is very crucial that a breast cancer gets diagnosed for the treatment to begin. The doctors have wider range of options to begin and judge the patient’s progress and prevent metastasis from occurring. Staging of cancer, i.e. the extent to which cancer has evolved in patient’s body can be determined only after its diagnosis. Further survival rates are highly dependent upon the type, stage and location of cancer. Women can keep away breast cancer by eating healthy diet, drinking less alcohol and breastfeeding their children besides being physically active in their routines. Breast cancer can be managed through surgery or chemotherapy or both in case needed. Risk of reoccurrence is a prominent factor during treatment and thus prevention is always better than cure.

Filipino Traits Essay

Negative, because it arrests or inhibits one’s action. This trait reduces one to smallness or to what Nietzsche calls the â€Å"morality of slaves†, thus congealing the soul of the Filipino and emasculating him, making him timid, meek and weak. Positive, because, it contributes to peace of mind and lack of stress by not even trying to achieve. Ningas-cogon (procrastination) Negative, by all standards, because it begins ardently and dies down as soon as it begins. This trait renders one inactive and unable to initiate things or to persevere. Positive, in a way, because it makes a person non-chalant, detached, indifferent, nonplussed should anything go wrong, and hence conducive to peace and tranquillity. Pakikisama (group loyalty) Negative, because one closes one’s eyes to evils like graft and corruption in order to conserve peace and harmony in a group at the expense of one’s comfort. Positive, because one lives for others; peace or lack of dissension is a constant goal. Patigasan (test of strength) Negative, because it is stubborn and resists all efforts at reconciliation. The trait makes us childish, vindictive, irresponsible, irrational. Actions resulting from this trait are leaving the phone off the hook to get even with one’s party line; stopping the engine of the car to prove that one has the right of way; standing one’s ground until the opposite party loses its patience. Positive, because it is assign that we know our rights and are not easily cowed into submission. It is occidental in spirit, hence in keeping with Nietzsche’s â€Å"will to power.† Bahala na (resignation) Negative, because one leaves everything to chance under the pretext of trusting in Divine providence. This trait is really laziness disguised in religious garb. Positive, because one relies on a superior power rather than on one’s own. It is conducive to humility, modesty, and lack of arrogance. Filipino Traits Kasi (because, i. e., scapegoat) Negative, because one disowns responsibility and makes a scapegoat out of someone or something. One is never to blame; one remains lily white and has a ready alibi for failure. Positive, because one can see both sides of the picture and know exactly where a project failed. One will never suffer from guilt or self-recrimination. Saving Face Negative, because, being closely related to hiya and kasi, it enables a person to shirk responsibility. One is never accountable for anything. Positive, because one’s psyche is saved from undue embarrassment, sleepless nights, remorse of conscience. It saves one from accountability or responsibility. This trait enables one to make a graceful exit from guilt instead of facing the music and owning responsibility for an offense. Sakop (inclusion) Negative, because one never learns to be on one’s own but relies on one’s family and relatives. This trait stunts growth and prevents a person from growing on one’s own. Generating a life of parasitism, this trait is very non-existential. Blaring music, loud tones are a result of this mentality. We wrongly think that all people like the music we play or the stories we tell. This mentality also makes us consider the world as one vast comfort room. Positive, because one cares for the family and clan; one stands or falls with them. This trait makes a person show concern for the family to which he belongs. Maà ±ana or â€Å"Bukas na† (procrastination) Negative, because one constantly postpones action and accomplishes nothing. This aggravates a situation, a problem grows beyond correction, a leak or a small break becomes a gaping hole. This arises from an indolent mentality that a problem will go away by itself. Positive, because one is without stress and tension; one learns to take what comes naturally. Like the Chinese wu-wei, this trait makes one live naturally and without undue artificiality. THE IMPORTANCE OF READING The importance of reading to children cannot be over emphasized. It is also a great way to focus on the family. With that in mind, â€Å"Little Ones Reading Resource† is dedicated to every child and every family out there and to educating us â€Å"big† people about the importance of reading to children and its role in child development. Every child deserves to have a good book read to her. Every child deserves to have good books he can call his very own, stored on his very own book shelf where he can pull them out and â€Å"read† them any time he wants. The importance of reading to children is significant in child development, and reading books to little ones at an early age is essential. In fact, reading childrens stories aloud is one of the most important activities we, as parents, grandparents, teachers, and care-givers, can do for our kids. The importance of reading to children plays out in a myraid of developmental, emotional, and learning issues from bonding and security . . . to learning to read . . . to future success. The best part about reading childrens stories to our little ones is that we can ALL do it! We don’t have to be experts, or rocket scientists, or teachers, or even millionaires to experience the joys of snuggling up with our little ones and enjoying a special story. There is SO MUCH more to reading books to a baby, toddler, preschooler, and school-age child than meets the eye. Isn’t it great to know that something so simple can make such a difference? All children should have good books of their very own, as it is truly a fantastic way to encourage reading. However, we don’t have to think of material things when we think of gifts. The greatest gift we can give our children is the gift of OURSELVES — our time, our talents, our prayers, our thoughts of kindness, and our acts of love and compassion. Any day is a good day to step forward and offer the gift of yourself by reading a book to your little ones! Please come on in and look around and learn about the i mportance of reading to children . . . and let’s start reading together today!

Body Temperature Maintenance

Body Temperature Maintenance Describe how normal body temperature is maintained and explain how the nurse can ensure accuracy when measuring this vital sign Every person creates heat in their bodies through the production of Adenosine triphosphate (also known as ATP or energy) which happens within the cells in the mitochondrion, this is also referred to as the metabolism and heat is the by product of the process in producing ATP which is called respiration (Waugh this is also constantly changing however it keeps it within a specified narrow range (Marieb 2009). Homeostasis is an important function within a person’s body. It works on an equilibrium balance effect which has a series of stages. These stages run in a chronological order whenever there’s an imbalance within the body’s system. As stated in Marieb’s (2009) work there is firstly the stimulus which is the actual imbalance within the body system such as an increase or decrease in body temperature; then there’s the rece ptor which will detect the increase or decrease in body temperature; once the receptor has detected the change it will send this message to the control centre which for temperature is the hypothalamus, depending on whether the temperature has increased or decreased, the hypothalamus will work accordingly which will send out a message to the body to either tell the blood vessels to vasoconstrict so that heat lost to the surface of the skin is decreased (if the body’s temperature is lower than usual) or it will send out a message to the blood vessels to vasodilate so that heat will be lost to the surface of the skin, it will also tell the body to produce sweat so that the heat can be evaporated away from the body. Once the body temperature has returned to ‘normal’, equilibrium has been reached and the hypothalamus will stop sending its message to the body (Marieb 2009).

Habits of Highly Effective People Essay Example | Topics and Well Written Essays - 500 words

Habits of Highly Effective People - Essay Example Covey’s ideas can be applied to this field because they are very simple and practical guidelines which can easily be applied when tuned to specific organisational work culture. Organisations have their staff which they manage to ensure their output is maximized; this is done by inculcating Covey’s concepts among the employees. This helps in their personal and professional development (Kerzner, 2001). The following are the three of his seven habits that can be applied to project management: Begin with the end in mind: this is the most important habit since it sets the overall goals that one wants to attain in any venture. When one sets out to start a project, the long term goal is set at the conceptualization stage. Setting a vision for any proposed project or business venture shows clarity of purpose and is always enshrined in company constitution. When a company sets out to introduce a product in the market, a thorough market analysis is conducted to check if it is indeed feasible. Customer feelings and needs form part of company vision as they are the ones that ensure its success by purchasing its products (Ross, 1995). Project management provides the timelines for executing tasks and ensure schedules are followed to the latter. A company notes the requirements it needs to start a project, it then notes the available resources at this concept and development stage. After this is done, then it will be easy to follow through the plan rather than skipping some vital yet ignored stages for instance, setting organizational goals. Put first things first: this entails breaking down the tasks and assigning each component execution time in the order of priority. The management has to sit down and decide which responsibilities require a quick implementation time frame; they then schedule their tasks based on this. This

Organisation Structure, Employee Motivation And Effectivness Dissertation

Organisation Structure, Employee Motivation And Effectivness - Dissertation Example It will then discuss the applicability of various motivational theories towards the improvement of employee motivation and effectiveness in the day to day running of organisations. Literature Review This paper seeks to give an analysis of the interrelationship among organisational structure on employee motivation and organisational effectiveness. The question that the research paper seeks to answer is whether organisational structure has a significant impact on employee motivation and organisational effectiveness. In an attempt to answer this question, an integrative review of literature will be conducted. Aswathappa, (2005) asserts that many researchers have concentrated in research work on areas of improving productivity based on separate aspects such as organisational structure, motivation of workers and organisational effectiveness disregarding the fact that the interrelationship between the three plays an integral part in production. It is for this reason that the study in quest ion studies the relationship between the three aspects. To begin with, the researcher will give general overviews of the four theories. The researcher will then describe the research methodology and give an overview of the reviewed literature. Historical overview Virgin Group is a collection of companies constituting one of the largest organizations in the globe. Since its establishment, Virgin Group has posed diversity in its business operations in the entire industry. The smart structure of the Virgin Group owes its origin to the core founder, Richard Branson, who created a decentralized organizational structure that allows its employees to act based on their own reasoning. This helps reduce bureaucracy where workers are subjected to adherence to bureaucratic procedures. In... This article stresses that Virgin Group is a collection of companies constituting one of the largest organizations in the globe. Since its establishment, Virgin Group has posed diversity in its business operations in the entire industry. The smart structure of the Virgin Group owes its origin to the core founder, Richard Branson, who created a decentralized organizational structure that allows its employees to act based on their own reasoning. This paper makes a conclusion that environmental changes can sometimes have adverse effect in large organisations as a result large organizations that have complex structures such as Virgin Group need to adapt swiftly to these changes. In this case such an organisation requires an organic structure that will allow flexibility in an ever dynamic environment. If each of these companies were to operate independently then, each providing a unique good or service, Virgin Group would been said to have product departmentalization where each division operates based on the product or service it offers. However, Virgin Group structure offers a unique scenario because a company affiliated to it does not have to necessarily specialize in one department. The executive is required to look at fairness in judgement of different situations since different situations require different interventions. In addition to this, the theory serves minor purposes in the public domain. Virgin Group understands th e importance of job security and stability in ensuring motivation of it employees.

Computer Security Essay Example | Topics and Well Written Essays - 750 words - 2

Computer Security - Essay Example In this element bidders can use the early stages to their advantage, since the prices then are low, to decide amongst themselves who should win which objects and then agree to stop pushing up prices. To overcome this weakness there is a need for a stronger auction design. Ozment addresses this issue of collusion, pointed out by Klemperer, by categorizing them into two major areas of concern in the vulnerability market. The first being employee-tester collusion, which comprises of the possibility that a competitor to pay an engineer to insert a backdoor into the program and hence increase its vulnerability. The second being tester-tester collusion, in which testers could agree not to submit reports until the price works in their favor. Having acknowledged these problems Ozment also proposes certain solutions to mould auction design to minimize the occurrence of collusion. By not making public the number of testers a limit can be imposed on their ability to collude and control the auct ion. It can further prevent colluding groups to form and then identify and punish a opposing member through retaliatory bidding. Also by having testers register in advance with a third party the auction provides incentives, in shape of reduced registration charges, for individuals who are actively planning to test the product and claim the reward. This reducing chances of employee-tester collusion. ... The issue of entry deterrence eventually leads to, the third main issue, predatory behavior as some bidder’s receive a modest advantage over the others. Ozment proposes the incorporation of an initial value of the reward in the auction to be of a high level to combat this issue. This creates an incentive to kick start the first few auctions in the series by bringing in a large number of testers. Furthermore it lowers the entry costs for participants in future actions in the sequence. Another solution proposed is by incorporating a reputation reward along with the monetary reward will increase participation of the bidders as well as effectively discourage predatory behavior. Some other factors such as reserve prices, political problems, loopholes, credibility of rules and market structure are also mentioned by Klemperer. However Ozment proposes structural suggestions to strengthen auction design by inserting stronger elements of cultural, legal and managerial tools during the s equence of the auction. Looking at all the above mentioned details it is effective to conclude that it is possible to design an auction as mentioned by Ozment while keeping in mind the factors mentioned by Klemperer. Despite undertaking a development of an auction design keeping in mind the strong enhancements suggested to strengthen it by Ozment, there are still a lot of perverse incentives that might be created. If we look at the fact that the key barriers to auction design are collusion, entry deterrence and a general buyer market power it can lead to the conclusion that design may not matter very much when the entry for a big number of potential bidders is made easy. This can be viewed by looking at the example of government security sales in which