Gore-Tex Patents Essay Example | Topics and Well Written Essays - 500 words

Gore-Tex Patents - Essay Example At the end of the patent protection phase, the best strategy is to increase R&D investment as well as repositioning the product whose patent is expiring at a lower price point in order to continue to generate sales. 2. The fabric technology of the firm has been utilized in a wide range of products. The company has applied for winter coats, backpacks, shoes, and trousers. The firm has been able to obtain prestigious contracts such as the 1969 contract that enabled the company manufactured cables to reach outer space US-led moon missions. The firm has diversified product portfolio with multiple application which includes: new standards for comfort and protection for work wear and active gear; advanced the science of regenerating tissues destroyed by disease or traumatic injuries; next-generation materials for printed circuit boards and fiber optics; and new methods to detect and control environmental pollution. 3. The emphasis on technology and innovation has helped Gore become a multinational firm whose market value exceeds one billion dollars. Despite the company’s success, the continuous emphasis on technology is a strategy that has drawbacks and increases overall business risk. Once the patent of technology expires any firm can imitate the company’s product without incurring in any of the original research and development investment the firm incurred in. Another major drawback about placing a high emphasis on technology is that these types of products at times become obsolete very fast as other more advanced technology begin to appear in the marketplace. When a company becomes a victim of obsolete technology all the inventory of the product that became obsolete becomes worthless.

Types Of Films And Films Narrative Essay Example for Free

Types Of Films And Films Narrative Essay Fiction something that does not exist in real life; Contrasted with Documentary films, Fiction does not purport to deal with factual information. However, there are also Documentary-Fiction combinations like in the JFK film. In JFK, the filmmaker incorporated found footage to give it a semblance of reality.   Ask your classmates for a show of hands, who has watched JFK? Documentary Please refer to the table above for the distinctions. Ask your classmates for documentaries that they have watched and point out the devices employed by these documentaries they volunteered.   Briefly discuss how The Blair Witch Project is of the subgenre, mockumentary, to supplement the discussion in the Film Art book. Ask questions about the accuracy and reliability of documentaries. Discuss the impact of Al Gore’s An Inconvenient Truth as a popularized documentary for the purpose of environmental advocacy. Ask your classmates if they find documentaries convincing or just bordering on propaganda? Why is Michael Moore a controversial figure? Animation Please refer to the table above for the distinctions. Ask your classmates for animated films that they have watched and point out the devices employed by these animated they volunteered.   To supplement the book discussion, mention the other concepts and subgenres under animation such as: rotoscoping technique (like in Richard Linklater’s films, Waking Life and A Scanner Darkly), Japanese anime films (Voltes V, Daimos, Princess Mononoke), Computer Graphics Interface (CGI like Finding Nemo, Happy Feet, iMAX 3D animated features) in contrast to old celluloid techniques (manually drawing and painting on celluloid sheets that are overlapped and shot frame by frame). See more: how to start a narrative essay Experimental and Avant-Garde Please refer to the table above for the distinctions. Ask your classmates for experimental films that they have watched and point out the devices employed by these experimental films they volunteered. Discuss the Japanese-American film, Eiga Zuke, or Pickled Film, through the technique employed by the filmmaker. Here, the abstract splotches were created by soaking the negative in â€Å"pickling agents† before processing it into film stock. Experimental films generally have no rules, emphasizing self-expression and exploratory techniques. Ask your classmates what kind of experimentation they would eventually like to try in their own films in the future? Defining Genres: (Mental Note: Picture S-T-E-M, Subject, Theme, Emotional Effect, Manner of Presentation) Subject: Give an example of a film with a specific subject, like a biography, the subject is the life of the protagonist.   Theme: Give an example, like a Western, where the theme is resolving conflict between law and order forces, versus outlaws, bandits or Indian communities. Distinct Emotional Effect like in Horror movies and thrillers, these are calculated to make the audience feel horrified. These films challenge the sensibilities of what the audience perceives as normal. Manner of presentation: Give an example of a film, like a Musical, where the characters clearly engage in singing and dancing to communicate aspects of the plot Always remember that Genre Mixing is common and that there are certain innovations in film that challenge the preconceived notions established in that genre. This is a reflection of the social process that includes a transforming social milieu. For example, the film Aliens, portrays Ripley as a strong feminist character who is also a caring mother. Chapter 4: NARRATIVE AS A FORMAL SYSTEM STATE: The Story-Plot distinction suggests that you want to give someone a synopsis of a narrative film, you can proceed in 2 ways: 1. Summarize the story, starting from the earliest incident which the plot cues you, then infer straight through to the end.2. Tell the plot, starting with the first incident you encountered in watching the film 3 Aspects of Narrative: (Mental Note: Picture Ca-T-S , Causality, Time, Space) Narration: the Flow of Story Information Openings, Closings and Patterns of Development Refer to the table to discuss the distinctions and cite examples from the book. In the classical Hollywood narrative, the chain of actions that result from predominantly psychological causes tends to motivate most or all other narrative events. if the characters did not desire something to be different from the way it is at the beginning of the narrative, change would not occur. Discuss a short excerpt from the Citizen Kane film and analyzes the aspects by showing them the plot segmentation in the book. Integrate all the concepts discussed so far in the Citizen Kane class discussion. Don’t forget to thank your audience after your presentation. Works Cited Bordwell, D. and Kristin Thompson. â€Å"Types of Films.† Film Art: An Introduction. Location: Publisher, Year. 42-61 Bordwell, D. and Kristin Thompson. â€Å"Narrative as a Formal System.† Film Art: An Introduction. Location: Publisher, Year. 89-113

Seamus Heaneys Background and Poetry Essay -- Seamus Heaney Poets Poe

Seamus Heaney's Background and Poetry Seamus Heaney had a Roman Catholic upbringing in a rural area of Northern Ireland. How does his poetry reflect his background? Heaney's poetry is able to reflect his background by his use of language and the technique he expresses his experiences. I will cover his background into three sections: his childhood, the community and his reflections. I will start by looking at his feelings and experiences in the poem 'Death of a Naturalist'. The poet remembers the time when he was a young child. He saw the reality of what frogs were really like in the outdoors compared to what was taught in school. In school, the frogs are described like a typical teacher talking to young pupils. It is very patronising and cosy hiding the fact that they are 'rank', off-putting and sickening in certain ways. For e.g. "the dam gross-bellied frogs were cocked" and " Poised like mud grenades, their blunt heads farting". They are described as being like grenades due to their size, shape, colour and the "scary" croaking noises that the creature makes. It was a new experience for him for he had not heard the noises before," to a coarse croaking that I had not heard before". He did not feel in the right situation and it was like he had never felt like that before. During his experience, he felt insecure, anxious and self-doubting. He puts himself down for he blames himself for the "obscene threats" the frogs were giving him. His use of language is able to quickly adjust the mood from a pleasant school setting to a horrid, smelly and repellent atmosphere. Heaney understood the straightforward and simplistic teachings at school but is bewildered and scared when he approaches the frogs. The po... ... fascinated by her he knows he shouldn't be because she has done wrong. Even though he feels so deeply of this girl he realises how foolish he was by letting them carry on with the punishment; "I who stood dumb". In some cases Heaney is able to use oxymoron in order to describe how society can be a catastrophe at times. He uses the descriptive words "civilized outrage" to show this. He puts two opposite words together to form a different meaning. Hence the word "civilize" and "outrage". Heaney has experienced many tragedies in his life from "Mid Term Break" to "Punishment". He clarifies this using his own expertise of writing to create descriptive poems like these. What must be said about him is how he is talented enough to deliver what is suppose to be delivered, very effectively in order for a reader like me to have such an impact on what is said.

Philippines Economy Essay

Philippines has displaced Indonesia as Asean economic leader — S&P I consider this as a good news for us Filipinos. We may not feel the economic growth for now but it’s actually a good thing that we have indicators of how well or poor our economy is doing. This article only means that we will now be able attract more investors to invest in the Philippines. More foreign investors means more job opportunities just like jobs for construction workers. And yes, it is not permanent but if this will continue, life will be a lot easier for the future generations. Our concern should not just be for ourselves but for the future of our country. We need to work the common good. We should all be positive in dealing with our problems and consider news like this as a blessing. More positive news like this is an indication that our economy is doing very well. It feels really good to know that this is actually happening. Despite all that we have encountered in the past years, during the past administration, we are still able to survive and are trying to improve even more. If we really want to contribute to the growth of our economy, we should learn to be productive. Don’t contribute to the growing rate of unemployment. Look for a stable job instead to help feed your family and in that simple way, you can greatly help the economy of our nation. Anything worth having is worth working hard for. Those things that we have quickly achieved will not last long. So we have to continue to work hard for ourselves and for other people. And little by little, we will be able to save our nation. Let us believe in what our leader can do and what we can do for our country. News like this is favorable to us. This only means that our President is really trying to fulfill his promises. Philippines is fastest growing Asian country for first quarter of 2013 I believe that this is more of a reminder for us to do the best that we can do to help our country. This article shows two sides of the story – the negative and the positive which I consider a good thing. Good thing because it depicts reality. â€Å"Philippines is fastest growing Asian country for first quarter of 2013,† only for the first quarter, not for the whole year. Yes, we are just halfway through the year. But what I mean is, nothing is permanent and everything doesn’t happen in a blink of an eye. With all the bad news that we can hear everyday, having this kind of article does not mean that we are able to get through it all. I am not trying to be negative. I just want to give emphasis to those negative things that we can turn into positive. The Philippines is still facing many challenges. One of which is still the growing rate of unemployment. I would like to give emphasis on issues of job mismatch. I believe that the only way to solve this is through education. For me, we should never stop learning. Even when we graduate from school and even when we are already working. We have to continue to enhance our skills to do better things. Before students graduate from High School, they should already have an idea of what they want to become in the future. That will bring out the best in themselves. And when they graduate, they have to look for a job that they love and they will never get tired of doing it. How is this possible? Let everyone be informed of the importance of education. Continue to inspire and Motivate. Share stories of hope. Pay it forward. Economic Expansion slows down in Japan This is kind of surprising to know but I believe they can get over this. They are very hardworking, very creative, unique and one of the countries we all look forward to. With how they are able to maintain a good economy, good people, that is something. But then again, let’s face the reality. Japan’s public debt surpassed the 1 quadrillion yen ( £6.7tn) mark last week and the country needs a strong recovery to boost tax revenues enough to begin reducing its debt burden. It will raise pressure on the leader. Japan has always been competitive and this is a challenge for them. Many of Japan’s corporations have enjoyed higher profits due to the yen’s fall against other currencies, boosting the value of their overseas earnings when counted in yen terms. The recovery in exports has been a boon for global corporations, such as Toyota.But corporate investment has remained flat, falling 0.1% in April to June. Residential investment also weakened, despite signs of a recovery in housing construction. Meanwhile, wages have risen only for some workers, accentuating concerns over whether household income will keep pace as prices rise under the government’s campaign to end deflation through extreme monetary easing.

The Godfather and the Meaning of Family

The Godfather A family is a basic social unit consisting of parents and their children, and is considered a group, whether they reside together or not; the traditional family, which usually consists of family values and beliefs. In American literature family serves as a base in our society which can be shaped and molded into many different forms. Mario Puzo’s The Godfather demonstrates family as a successful business, with strict and traditional Italian roots. The story is focuses on the Corleone family, a very close knit traditional Italian-American family, who all live on the same cul de sac and are neighbors to each other.Their business is based on the family’s mafia operations. They live their lives in the midst of crime. Some takes the law into their own hands, by avenging a crime to protect the weak while others use it to rise into a position of wealth and power. The executive or head of the Corleone family is the decision maker or â€Å"shot caller;† he is like the â€Å"Robin Hood† of the Sicilians people. To all those who have proven their loyalties to him are entitled to help from their â€Å"Godfather. † He is willing to help anyone who calls them his friend; because he believes that â€Å"Friendship is everything.Friendship is more than talent. It is more than the government. It is almost the equal of family† (Puzo 38). The executive or head of the Corleone family is Don Vito and after his death, Michael; his youngest son, who later takes the role. In a sense, both in the novel and film begin and ends with â€Å"the Godfather† and some may call him â€Å"the Don. † Through they both have very different experiences, they are believed to be â€Å"infinitely more intelligent and less obviously corrupt than any of the other characters† developed in the story (Williams 77).Both are willing to accommodate their competitors, take a step back, and not get involved unless necessary, for they beli eve to never hate your enemies because it affects your judgment and to keep their friends close and their enemies closer However, they are considered to be the most powerful organized crime family in the United States. â€Å"Great men are not born great, they grow great, and so it was with Vito Corleone. †¦ Vito Corleone made the final step from a quite ordinary, somewhat ruthless businessman to a great Don in the world of criminal enterprise.It did not happen in a day, it did not happen in a year, but by the end of the Prohibition period and the start of the Great Depression, Vito Corleone had become the Godfather, the Don, Don Corleone† (Puzo 213). A family of organized crime that is sometimes portrayed as so caring and helpful, that we don’t always think of them as bad guys per say. They have respect and are behaved in a way that is very elegant. But of course there are times when they must take action upon themselves even if it is against the law.It is a known that the main focus of a stereotypical Mafia family is centered around the use of violence. For instance, in both the novel and film, Connie Corleone; the daughter of the Don Vito gets married to an abusive and gets beaten down while pregnant, which later becomes one of the reasons for his death. Aside from that we also see many deaths cause by the vengeance and business. Another example is the opening of the movie, when Bonasera states â€Å"I believe in America. America has made my fortune. And I raised my daughter in the American fashion.I gave her freedom, but — I taught her never to dishonor her family† as he tells Don Vito, his grief about what had happen to his daughter (The Godfather). The family is cruel yet respectable, violent yet sophisticated and heartless, but not without rules. We as a viewer or a reader can overlook the evil and come to sympathize with the Corleone family. The Godfather permits an audience to support the mafia lifestyle and the sins th ey’ve commit. We overlook what is supposed to be right and sympathize with the lifestyle of these mobsters.We side with Corleone’s crime because of such quotes like â€Å"A man who doesn’t spend time with his family can never be a real man,† when Don Vito Corleone says this, we as the audience find ourselves liking a character they might not otherwise like. In America we tend to sympathize with people who are compassionate and are family oriented. Those who make their family priority number one, who shows and express true respect and defines a man by the amount of time he spends with those he loves. The Godfather narrative was able to supply the idea of a â€Å"strong and benevolent father to take care of both family and an unimpeded business life,† as stated in the MELUS Article, â€Å"The Godfather and American Culture: How the Corleones Became ‘Our Gang’† by Mary Ann Mannino. This simple image of a genuine family value allows for anyone to relate and understand the character even though at times the character may be immoral. Towards the end, Michael states â€Å"if I can die saying, â€Å"Life is so beautiful,† then nothing else is important.If I can believe in myself that much, nothing else matters. He would follow his father. He would care for his children, his family, his world. But his children would grow in a different world. They would be doctors, artists, scientists. Governors. Presidents. Anything at all. He would see to it that they joined the general family of humanity, but he, as a powerful and prudent parent would most certainly keep a wary eye on that general family† when family again is reconfirmed (Puzo 411). Works Cited Mannino, Mary Ann. The Godfather and American Culture: How the Corleones Became ‘Our Gang. ‘. † MELUS 28. 3 (2003): 218-232. Literature Resource Center. Web. 16 Nov. 2012. Puzo, Mario. â€Å"The Godfather. † Greenwich: Fawecett, 1969 . Print. Simon, William. â€Å"Analysis of the Structure of The Godfather, Part One. † Studies in the Literary Imagination 16. 1 (1983): 75-90. Rpt. in Contemporary Literary Criticism Select. Detroit: Gale, 2008. Literature Resource Center. Web. 14 Nov. 2012. The Godfather. Dir. Francis Ford Coppola. Perf. Marlon Brando and Al Pacino. Paramount Pictures. 1972. DVD.

Engel V. Vitale essays

Engel V. Vitale essays The year is 1962, and the Supreme Court is about to make a landmark ruling, concerning the constitutionality of faculty lead prayer in school. Democratic President John F. Kennedy is in his second year of his term. Many Americans saw the Kennedy administration as a liberal Presidency that was moderately pro-civil rights, and suspected that some changes would come during this term. The civil rights movement had been gaining more ground in ten years than it had in the past fifty. The landmark court decision Brown v. The Board of Education (1954) had outlawed public education segregation. Yet in 1957, the U.S. Armies 101st Division had to be brought in to desegregate Little Rock, Arkansas highschool to allow nine black teenagers to be educated in the predominantly white facility. So schools in the United States had been experiencing significant change before the Engel ruling. In 1962, the U.S. was still engaged in a bitter arms-race against the Soviet Union, with barely a year passing since the U.S.S.R. had successfully detonated a nuclear bomb. Tensions between the two countries had already been intensifying, particularly over the issue of Cuba. Cuba, just ninety miles south of the Florida coast was controlled by Communist dictator Fidel Castro. To the U.S., Cubas relations with the U.S.S.R. was perceived to be an escalating threat to U.S. security. In February of 62, the U.S. announced a trade embargo on all Cuban products and travel. Cuba was not happy with the U.S. either before or after. On April 17, 1961, a botched attempt to invade Cuba, later named the Bay of Pigs left Cuba immensely distrusting of its northern neighbor. While over in Europe, western relations with the Soviet Union greatly degraded because of the erection of the Berlin wall in August, 1961. With the possibility of a nuclear war against the last two superpowers, the majority of Americans felt it was their duty to line up behi...

Quotations About Fun by the Famous

Quotations About Fun by the Famous Fun is a state of mind. If you have a zest for life, you will wont miss out on making the most of the  good times. Do you go through life uptight and worried and need the  inspiration to chill out? These quotes will remind you of the fun moments in your life and that the key to a good life is to have fun. Quotes From Famous People About Having Fun Katharine Hepburn If you obey all the rules, you miss all the fun. Dr. Seuss Today was good. Today was fun. Tomorrow is another one. Albert Einstein Insanity: doing the same thing over and over again and expecting different results. Sid Caesar In between goals is a thing called life that has to be lived and enjoyed. Alfred Souza Dance as though no one is watching you; love as though you have never been hurt before, sing as though no one can hear you, live as though heaven is on earth. Bob Basso If its not fun, youre not doing it right. Walt Disney Its kind of fun to do the impossible. TS Eliot If you havent the strength to impose your own terms upon life, you must accept the terms it offers you. Randy Pausch I am going to keep having fun every day I have  left​ because there is no other way of life. You just have to decide whether you are a Tigger or an Eeyore. Albert Einstein Any man who can drive safely while kissing a pretty girl is simply not giving the kiss the attention it deserves. Thomas A. Edison I never did a days work in my life. It was all fun. Woody Allen Man consists of two parts, his mind and his body, only the body has more fun. Fred Couples Golf is supposed to be fun, but I dont think anything is fun if youre not doing it reasonably well. Jerry Seinfeld The Four Levels of Comedy: Make your friends laugh, Make strangers laugh, Get paid to make strangers laugh, and Make people talk like you because its so much fun. Adam Carolla If you want to have a good life, you should focus on your family, on your business, on your dog, on your fun, and youll have a good life. Rickey Henderson Once you can accept failure, you can have fun and success. Herodotus If a man insisted always on being serious, and never allowed himself a bit of fun and relaxation, he would go mad or become unstable without knowing it. Tom Wilson About the only time losing is more fun than winning is when youre fighting temptation. Jimmy Fallon Have fun is my message. Be silly. Youre allowed to be silly. Theres nothing wrong with it. Nancy Mitford I love children, especially when they cry, for then someone takes them away. Mark Twain Life would be infinitely happier if we could only be born at the age of eighty and gradually approach eighteen. James Hetfield Its all fun and games till someone loses an eye, then its just fun you cant see.

Tesla AutoPilot Review †Becoming a Car Supervisor

Tesla AutoPilot Review – Becoming a Car Supervisor Autopilot –assistance for driving If we say that the present day automobile industry is greatly developed, that can be even a huge understatement. This industry is one of the best developed nowadays and is evolving with ultra-rapid speed. Modern cars design and modeling can impress even an experienced automobile expert. But in any sphere, yet thoroughly investigated from many sides, there can be still found a lot of interesting facts and details. Among all the new features that the motor-car world provides for us, there can be distinguished the autopilot functions. First of all it is an assistant for any driver, but at the same time it is promised to make the driving process the most secure, eliminating the human factor. This feature is often argued, whether it is useful or not and whether it should be present. Apparently, Tesla Inc. has achieved great results in autopilot construction and the company devotes a lot of efforts to this aspect. Autopilot feature –life-saving or superfluous function? In regard to any situation there can be found different opinions and thoughts. And the situation with automation definite life areas, such as car driving, is not an exception. Attempts to automate the driving process have been takes a long time ago and for the present moment it is significantly developed. And anyway there are many doubts concerning autonomous driving, as when it comes to influencing the human’s participation in any process, it has much speculated and argued. If it will be adjusted for urban driving, it will be possible for almost all the drivers to use it all the time. On the one hand, autopilot-enabled cars will be really safer and will make the lives of drivers easier on the roads. Most of the drivers, who had a chance to try it, provided positive feedback and were rather happy to use it. Just imagine that you can safely talk by your cell-phone, repeat your notes before the lecture or review your essay, while you autopilot does the driving. But on the other hand, no computer system is perfect and flawless, no matter how complex and â€Å"clever† it is. And in urban conditions the system will not read road signs or obey stop signs. But anyway, this technology is worth attention of society and this contribution into technology development is significant. It has a great meaning for automobile technologies development and improvement. Autopilot is your safe assistant First of all, an autopilot function was designed and developed to make the driving process the most secure and safe. When some process is controlled by a computer, there can be no discredit that it is deprived of such human factors, as fatigue, bad health condition, blindness etc. Automation means that the process is going on constantly and no unexpected events can take place. And anyway, at the same time it means that the driver should be prepared to take control of the vehicle at any moment. In some way the driver is supposed to be â€Å"on alert† to interfere into the process of driving and to control it. But, for example, this system wonderfully suits for long-distance trips and can intensely help a driver to control the car in bad weather conditions. It has many sensors and the radar that can control a car, no matter what conditions are around. Autonomous driving is the future It is usual that new and unknown to some extent thing can appear as something strange and cause â€Å"fearful† feelings. The point feature is one of such things and it has many of those who adore it and also those, who think that it is superfluous. Anyway, Tesla autopilot proved that it makes the driving safe and there are known cases, when it greatly helped drivers in various situations. Tesla Autopilot is constantly developed and improved, so in future we will undoubtedly see new features and this function will be â€Å"must-have† for any driver some day.

Illegal immigration and its impact on the economy Essay

Illegal immigration and its impact on the economy - Essay Example It has become a matter of debate and study as it relates considerably to the nation’s politics as well as economy. At the centre of this debate is the question of whether illegal immigrants are good or bad to the economy of the United States (Dudley 18). Various studies have shown that a great number of the United States’ citizens hold the opinion that illegal immigrants are bad for the nation’s economy. However, there are those who believe that these illegal immigrants are good for the economy. Several surveys show that there is a consensus among many economists that both legal as well as illegal immigration is good for the economy seeing that it provides cheap labor; it gives net boost to the economy; it reduces the cost of goods and services; in addition to widening the market for goods and services (Kenney 23). This paper will discuss illegal immigration and its impact on the economy. There has been divided public opinion regarding the impact of illegal immig rants on the United States economy. There are those who believe that illegal immigrants are good for the economy and there are those who believe that they are bad for the economy. ... refore be deduced that the debate on the impact of illegal immigrants revolves around the way in which they expand the national economy and how they, on the other hand, cost the government and increase public expenditures (Dudley 20). In general, illegal immigrants are defined as all individuals who are foreign-born and are non-American citizens and who are not the legal residents of the nation. Illegal immigrants are those individuals who are either admitted temporarily into the country and stay beyond the required duration or those who enter without inspection (West 427). As earlier mentioned, illegal immigration has been a matter of debate and study for a long time across the world and especially in the United States, which records the highest number of illegal immigrants. This subject has attracted a lot of attention because of the great impacts it has on the economy, politics, as well as the social aspects of any given society (Dudley 25). Illegal immigration has had considerabl e impacts on the economy of the United States. Throughout the history of the United States, illegal workers have played a very crucial role in the economy. While economists agree that there are many economic benefits associated with illegal immigration, they also agree that illegal immigration has many burdens to the economy (Nadadur 1037). This has caused division among policy makers on whether illegal immigration laws should be enforced and illegal immigrants punished or whether illegal immigrants should be given amnesty. Numerous studies on the impact of illegal immigration on the economy have found out that there are evident benefits of illegal immigration on the economy. One of the reasons attributed to this proposition is that illegal immigration supplies labor to industries at a

Exploring the impact of e-commerce adoption on management strategy in Research Proposal

Exploring the impact of e-commerce adoption on management strategy in Gulf Cooporation Council Countries(GCC) Enterprises - Research Proposal Example This study traces the adoption of e-commerce in SMEs in Saudi Arabia and explores what impact this phenomenon is having on management strategy. A survey of 50 managers is conducted in order to identify what has changed in their strategic thinking over the last ten years, and this is analysed in the context of GCC development potential in the next ten years. Aim. The aim of this research is to explore the impact of e-commerce on management strategy in Saudi Arabia SMEs. In particular the project will attempt to find out how far managers are reacting to the changes in the business environment that e-commerce brings, and how far they are themselves trying to drive that change or even avoid that change. Objective of the Research. The research has three objectives : To trace how far e-commerce has developed in Saudi Arabia up to December 2011. To find out what Saudi SME managers think about e-commerce at the present time To identify what impact, if any, e-commerce is now having on Saudi S ME managers’ strategies for the future. Literature Review. ... Per capita income had been $17,000 in the mid 1980s but it had dropped to only $8,200 in 2003. (Looney 2004)The old rentier state dynamics are sorely tested when such a huge change occurs, and this one reason why considerable investment is now being made in the SME sector. The Gulf Cooperation Council (GCC) consists of 6 Arab countries: Bahrain, Kuwait, Oman, Saudi Arabia, Qatar and the United Arab Emirates and is well connected with other Arab countries in the Middle East and North Africa (MENA) region. It also enjoys good relations with the United States, and plays a pivotal role in international diplomacy. Saudi Arabia is one of the more conservative members of this group, and takes a leading role in religious and cultural affairs due to its stewardship of key religious sites including Mecca Studies on the economy of Saudi Arabia have noted that there is an imbalance in the workforce, with a tendency for private businesses to recruit staff from outside the Kingdom, especially in h igh technology or specialized fields, leaving the domestic workforce ill-equipped to adapt to the changing workplace requirements. Education facilities and worker expectations are not yet well matched to the needs of the private sector. An interesting dilemma that is beginning to affect the economy is the growing number of well educated women who are now able and willing to take part in the development of the Saudi economy. E-commerce has been a part of international business for around two decades, but it has still not penetrated into all geographical areas of the world, and into all layers of society. People tend to think of the term â€Å"e-commerce† as meaning just the process of buying and selling goods online, but in fact it covers a far wider range of systems and processes than

Modern Art in the 20th Century Essay Example | Topics and Well Written Essays - 2000 words

Modern Art in the 20th Century - Essay Example The essay "Modern Art in the 20th Century" analyzes the modern art and the art concepts of the 20th century. The artist of this time created new movements that had an influence on artistic expression moving into the 21st century. The concept of primitivism works on the concept that the closest expression of emotional experience is captured in the primitive drawings of children and those who haven't taken part in formal artistic study. When successfully coupled with these theories, â€Å"art does not reproduce the visible; rather, it makes visible,† according to artist Paul Klee. His painting Diana in the Autumn Wind does a good job of illustrating this concept. At first glance, the painting might seem to be a child’s drawing that has accidentally found itself hanging in a museum. It looks like a crayon drawing. Depending on how you look at it, the group of overlapping flat shapes in the center of the frame can create the image of a woman caught in strong winds. At the s ame time, they can also appear to be the 'leaves' of autumn flying around the canvas. The woman really starts to emerge when you notice the tiny stick-style legs near the bottom of the image and the small white face that peeks out from the top. According to Pioch, â€Å"leaves flying in a moist breeze are, at the same time, the Virgin goddess on the hunt, and yet also a fashionably dressed woman from Klee's social circle. Klee gives the impression that the painting is done with crayon by allowing some of the white surface of the canvas.

International service quality (the validity of a mystery shopper) Essay

International service quality (the validity of a mystery shopper) - Essay Example The benefits and drawback, strategic issues in hospitality organizations and recommendations which are later followed by possible improvements suggested with the help of the quality control tool. As the competitiveness kept on rising in the market economy the companies had to come-up with strategies that would always take it to higher position and retain it. The welfare of a company is based on the products it offers, the quality of the products and the main concentration rests upon customer satisfaction. As customers are treated to be the major factor for a company's expansion, there was a necessity to gather feedback and conduct surveys on its own services. The procedure of gathering information in feedback sheets and then appointing few analysts was a lengthier process and was also vulnerable to inappropriate results. This very issue was addressed by appointing a Mystery Shopper. A Mystery Shopper basically makes a purchase at one of the company outlet as a customer (Cybershoppers.co.uk, nd). The services that he was provided with are considered as a feedback to the quality of service at the company's outlet. These results play a vital role in evaluating the company's fun ctioning and helps in stimulating a progress. One of the golden strategies followed by the emperors ca... The services that he was provided with are considered as a feedback to the quality of service at the company's outlet. These results play a vital role in evaluating the company's functioning and helps in stimulating a progress. Validity of a Mystery Shopper One of the golden strategies followed by the emperors can be implemented to obtain the right feedback i.e. by disguising oneself and then checking out the functioning yourself. But these days it is almost impossible to perform this act on our own because of time constraints, so the best way is to appoint a person who can work for the client. But appointing an employee who does, the inspection periodically would always leave an opportunity for the particular outlet of the company to set things right overnight. In the instant generation an approximate of six hours is sufficient to change the complete look of the outlet with the help of instant tools. To avoid such situations and tampering of the reports by some corrupt employees a Mystery Shopper would be the best solution. An approximate of $1 billion is invested in the Mystery Shopping strategy per annum through out the world (Maret, 2005). There is another issue wherein the customers do not wish to spend time on the feedback forms or would try and avoid any sort of personal contacts to invest their time in some other activity than to speak up for the problem and elaborate on it. The easiest way out for a customer would be to pretend that the services are good and avoid further contacts (Mystery-shoppers.co.uk, nd). It basically concentrates the quality of customer services which is the best strategy to gain a grip over the competitors in the market economy though the quality and cost of the product are almost equivalent. Mystery

How Could Asving Effect GDP Essay Example | Topics and Well Written Essays - 1500 words

How Could Asving Effect GDP - Essay Example Savings even though considered generally as a good habit especially like the current periods like recession, many economic Gurus are of the view that too much savings can adversely affect the economic growth. Savings and GDP growth have direct relationships. This paper briefly explains the relationships between savings and GDP growth, production factor and savings ratios and the effect of too much savings on economic growth. GDP can be calculated using the formula Y = C + I + E + G where Y = GDP, C = Consumer Spending, I = Investment made by industry, E = Excess of Exports over Imports, G = Government Spending (Calculating GDP). From the above two equations, it is clear that when the savings increases, income will also increase and the increase in domestic income can result in increase in GDP. Income is utilized in two ways; consumption and savings. If the consumption is less, savings will be increased whereas if the savings are less, consumption will go high if the economy is stable. On the other hand, if the economy is weak people may not have enough resources and they will be forced to spend less and it is not necessary that savings may go up in this case because of less spending. In most of the cases, people forced to spent major part of their income to consume goods. It is impossible for the public to save much and spent less because of the increasing expenses and living standards. From the graph given above and below it is clear that GDP has come down a lot because of the less personal expenditure. The 2008 global financial crisis has occurred at an unexpected time and many people lost their jobs and forced to cut down their personal expenditure. In fact people cut down their expenditure to save money for the future. At the same time this cutting down of expenditure has resulted in fewer demands for the goods and the fewer demands forced the manufacturers to produce less. In short, the domestic production has come down a lot because of recession and

Information based decision making Assignment Example | Topics and Well Written Essays - 2500 words

Information based decision making - Assignment Example Again, to retain the competitive position in the market, companies have to analyse the strategy used by its competitors and thus respective changes should be made in ones business strategy. With growing inter-relation in all these factors, the decision making process is getting complex day by day. In the contemporary business environment, the management is hardly left with time to conduct an in-depth analysis while making a decision. Therefore, the management prefer to use an information based decision making model. These models make the process of decision making more systematic and transparent. One may argue that such information based methods of decision making requires a lot of managerial time and effort. However, in the era of information technology one can easily extract required data from the central database and using the computer, complex calculations can be done within fraction of minutes. On the contrary, management can also determine beforehand all the possible negative c onsequences if the decision taken proves at any point of time. In the below give section, information based decision making concept as well as some of the commonly used models will be discussed in-depth. Nature of data and information The success of an information based decision making process highly depends on the quality as well as on the authenticity of the data used. Therefore, while developing the decision based information model, attention should be devoted towards nature of data and information to be used. Generally, while deciding about the nature, one should understand the core reason for which the data will be used. It means the nature of data should be finalised after considering the final use of the result derived from it. For example, if a company is developing an information based decision making process for its new project, then it will prefer to collected financial information to check the cost incurred in the production process. Again, quantitative as well as qualit ative data regarding the operational activities will be collected and used to analyse progress of the project. There are certain other factors that need to be ascertained while finalising the nature of data. The team that developers the decision making model should be conscious about authenticity and reliability of the data. A small little alteration in the data can disturb whole of the decision making process. For example, if the data regarding number of units sold in a particular region gets distorted (either willingly or unwillingly), it will effect whole of the marketing decision making model. Considering the wrong data about the sales figure, the marketing manager will provide a misguiding sales forecast for the next month. On the basis of this wrong forecast, the production department will set its schedule and it will pass this information to the purchase department to supply the required material. As a result the schedule of the purchase department will also get disturbed. In general, whole of the monthly schedule of the organisation will get disturbed and

How Could Asving Effect GDP Essay Example | Topics and Well Written Essays - 1500 words

How Could Asving Effect GDP - Essay Example Savings even though considered generally as a good habit especially like the current periods like recession, many economic Gurus are of the view that too much savings can adversely affect the economic growth. Savings and GDP growth have direct relationships. This paper briefly explains the relationships between savings and GDP growth, production factor and savings ratios and the effect of too much savings on economic growth. GDP can be calculated using the formula Y = C + I + E + G where Y = GDP, C = Consumer Spending, I = Investment made by industry, E = Excess of Exports over Imports, G = Government Spending (Calculating GDP). From the above two equations, it is clear that when the savings increases, income will also increase and the increase in domestic income can result in increase in GDP. Income is utilized in two ways; consumption and savings. If the consumption is less, savings will be increased whereas if the savings are less, consumption will go high if the economy is stable. On the other hand, if the economy is weak people may not have enough resources and they will be forced to spend less and it is not necessary that savings may go up in this case because of less spending. In most of the cases, people forced to spent major part of their income to consume goods. It is impossible for the public to save much and spent less because of the increasing expenses and living standards. From the graph given above and below it is clear that GDP has come down a lot because of the less personal expenditure. The 2008 global financial crisis has occurred at an unexpected time and many people lost their jobs and forced to cut down their personal expenditure. In fact people cut down their expenditure to save money for the future. At the same time this cutting down of expenditure has resulted in fewer demands for the goods and the fewer demands forced the manufacturers to produce less. In short, the domestic production has come down a lot because of recession and

International Finance Market Essay Example | Topics and Well Written Essays - 1500 words

International Finance Market - Essay Example Also, the importance of the capital asset pricing model for firms which want to evaluate their cost of capital, is explored in the next part. The link between CAPM, the required return on equity and the weighted average cost of capital is explored, with the help of various resources. There are many ways for the companies to raise the capital, the most common way is from stock markets, in this way the investor will be part from this company and the benefits will be based on the company performance and the company success is important for the shareholder. Another option is from bonds markets, in this way the bond owner does not have the ownership in the company and the benefit not very important for the bondholders, also the bondholder does not care about company success (Young, A 2009). For example if a firm undertake debt to finance the business, it will help the owner to retain the ownership but it will result in regular payment of interest and the lenders are less interested in success of the company, so if the owner relay more on debt fund, it will enhance financial risk. On the other hand if capital is raised through equity, then large volume of fund can be raise for longer time period and the investors will be more interested in growth and success of the co mpany but there will be loss of ownership as the equity share holders have the voting right to participate in decision making process. Bonds investment tools provide flexible funding and appropriate for companies, and at this time business companies need many way for funding, because the business sector now is changeable (Fadak, T 2004). Buy and sell debt was one of the main reasons for the occurrence of the global financial crisis, because that we have to be careful (Almarshad, M 2009). In my opinion In this argument I agree with the first writer, because at this time the business sector has many challenges and we must provide appropriate solutions for problem especially the problem of funding. A. Raising capital from bond and equity markets 1. The initial public offering When a company is in need of capital, there are two options which will comprise the mix of its capital structure: one is debt, and the other is equity. If the company chooses to raise capital from equity financing, there are also various options. One of these options include raising capital from financial markets such as the stocks market either through seasoned offering or a new issue, most commonly known as the initial public offering (Lee, I et al. 1996). The initial public offering takes place when a company decides to issue stocks that is available for the public's investors (Strategies for raising equity capital, 2003). The company employs underwriters-investment banks that first buy the securities from the issuing corporation and re-selling it to the investors-at-large (Szewczyk, H. S. et al. 1991). Underwriters usually help the issuing company to prepare the prospectus, which is a document that describes the company as well as its prospects. A lot of practitioners as well as academicians regard IPOs as one of the most costly ways to raise equity capital. IPOs are required, by law to be registered in the Securities and Exchange Commissions (Gay, K 1999). The issuing company pays for administrative and legal fees, which are part of the IPO registration (Lee, H. W. et al. n.d). 2. Seasoned equity

What is Hajj Essay Example for Free

What is Hajj Essay Hajj is one of the five Islamic pillars. It is where all capable Muslims must go on a pilgrimage at least once in a lifetime to Makkah in the last month of the Islamic year. These months are Muharram, Safar, Rabi al-Awal, Rabi al-Thani, Jumad al- Ula, Jumad al-Thani, Rajab, Shabaan, Ramadaan (Month for Daily Obligatory Fasts), Shawwaal, Dhul- Qidah and Dhul- Hijjah (the month for Hajj). And Hajj (pilgrimmage to Makkah) to the House (Ka`abah) is a duty that mankind owes to Allah, those who can afford the expenes (for ones conveyance, provision, and residence) Al-Quran:Surah 3 (Al-Imran); Verse 97 Hajj is the name given to the journey made by Muslims to the Kabba at Makka in Arabia. It is a very large, spiritual gathering and they arrive in very large numbers, sometimes up to 340 a minute. Women wear a burka (a long cloth covering from the head to the feet) men wear a sort of tunic for hajj. When they arrive at Makka the first thing they do is bathe and put white sheets on to enter purity (Ihram). They then go to a sacred mosque to start prayers; they repeat the Talbiya over and over again (translated into English): Here I am O Allah, Here I am Here I am. There is no partner with you. Here I am. Verily, Thine is the praise, the blessings and the sovereignty of the Universe Thou has no partner They then run between two hills to represent what happened when Hajar did this to find water for her son Ishmal. They come to the spring (Zam Zam), which Allah found and people desperately try to drink and bathe in the water which comes from it. This is a Muslims search for spiritually. After this they walk 7 times around the Ka`aba (black stone), this symbolizes when 630 people rode into Makka and destroyed all Idols and Allah forgave the citizens. The first night of the Hajj is spent at Mina. The second day is spent at Arafat; this is where the prophet Muhammad gave his farewell speech, it is desert location approximately 9 miles from Makka. Muslims say this prayer upon entering Arafat so that Allah forgives their sins: O Allah! Forgive my sins, help me repent to you, and grant me all that I beseech of You. Whenever I turn, let me see goodness. Allah be praised! All Praise is due to Allah! There is no deity except Allah! And Allah is The Most Great. The Muslims collect small stones for the following day. Day three is spent at Mina; this is where the Muslims stone the devils (Jamrahs). 7 stones are thrown at each of the 3 pillars; they do this because the devils tempted Ibraham to disobey Allah three times, it shows that they are against anything devilish. Weak and sick people can appoint others to throw stones at the Jamrahs in Mina on behalf of them. Tawaf al-Wada is the farewell Tawaf that a pilgrim performs just before leaving Makka for other destinations. It is the same as before when they go around the black stone in 7 circuits, starting from the black stone line. After completing the Tawaf, it is good but not required to pray too Rakahs behind Maqam Ibrahim. This day is the sacrifice day where they sacrifice an animal (Eid-ul Adha); they are supposed to sacrifice goats, sheep, rams, camels or cows. This act is performed to commemorate Prophet Abrahams act of sacrificing his oldest son Prophet Ismaeel on the command of Allah. Allah substituted Prophet Ismaeel with a ram. Muslims are required to donate 1/3 rd of the meat to the poor, distribute 1/3 rd of the meat to friends and relatives, and keep 1/3 rd of the meat for themselves. Men shave their heads and women cut off locks of hair. After this they return to Makka again to do 7 more circuits of the Ka`aba. Muslims take part in the Hajj because they believe that it is their duty to go, so that Allah will respect them and they will live in paradise when they die. Even if they cannot go for any reason they believe that having the right attitude about going will be acceptable to Allah. It provides an opportunity for Muslims with diverse racial, ethnic and geographical heritage to exchange views, get acquainted and feel unified as one Ummah (community) on a global level. They also go because they enjoy the spiritual gathering, they are happy and they like being around other Muslims who share the same beliefs as they do. Not all Muslims go to Hajj however, as there are certain difficulties effecting whether or not they can go. Some people cannot afford to go but would do if they have the money, if they still have the intention to go (Niyyah) this would still be acceptable to Allah. They can send one person to represent a whole community, which is also accepted. As Hajj is so popular (over 2 million people go each year) they have to limit the numbers of people who go, this means that not everyone who wants to go can, so this is again another difficulty Muslims have. People also have difficulties attending Hajj because they have disabilities or they are unable to walk etc. For example and old person who is frail may not be able to cope with the heat and walking/travelling far. People who are ill and have ill health may also not be able to attend Hajj, as they may be bed-ridden etc. If people cannot attend Hajj for various reasons but have intention (Niyyah) to go, it is still acceptable to Allah. Participating in Hajj affects the life of a believer because they come alive spiritually. It is important for them to go and they feel love from Allah while they are there. They enjoy going, to be around other Muslims. When they return they feel closest to God as they stood on the site where the Prophet delivered his sermon during his first and last pilgrimage. They go back full of joy as they have for filled Allahs wish. They also return with a better understanding of Allah and a born a spirit of caring for others and an understanding of their own heritage that will last throughout their lives. A true pilgrimage is really a journey within. It is important to physically go to Makka but if it is not possible to go I believe that you can still participate spiritually. I believe that if it is in your heart to go this should be accepted as you can still enjoy Hajj without going. You can use technology to participate in Hajj, for example you could pray while watching the festival on television or look at a video of the gathering on the Internet. You could also have your own party at home with other Muslims who do not go to Makka and celebrate Hajj and the end of Hajj (Eid ulad ha) together. Just because you do not go to Makka does not mean you do not follow Allah, you can still participate in Hajj without physically being there. So people who cannot go for various reasons such as old age etc can still enjoy the celebrations and not be cast out of them for being different. If I were a Muslim I may have a different view on this subject because they believe that if it is physically possible to go, you should go no mater what, as Allah would want you to. They feel that it is a religious duty to go, as it is one of the five pillars. A Muslim would go because they want to please their God, Allah.

Chivalry??. . . . . . . . . Today?? :: essays research papers

Chivalry is usually known as a moral system or an honor code. It originated in the 12th century when kings ruled the country, as a code to make peace. Now there is no king or queen monarchy, now there’s that wonderful thing that we call the Government. If you were to ask me if chivalry existed today I’d have to say that there are some examples, but there sure aren’t as many as there used to be. Back in the time when King Arthur ruled a lot of the people were loyal to their king and their country. Now our wonderful crime, racism, and hate conquer all systems. Some ways that you might be able to say that chivalry still is around is perhaps clubs, such as, basketball teams or baseball teams. The teams as well as the fans have great loyalty to their team. The fans will wait outside for days to get tickets for the big game. People pay to see fights on Pay-Per-View. And if you ever go to a Hawks game I’ll guarantee you that their fans will â€Å"tell off† anyone that is saying anything bad about their beloved team!   Ã‚  Ã‚  Ã‚  Ã‚  Also another way that you would see chivalry today is in corporate businesses. For example, I work or 21st Century Telecom Inc. I do Technical Support. Anything that goes wrong with your Internet access or your e-mail devices, will be fixed by me. We are in a very corporate area, State and VanBuren, and when we have meetings about things that no one can tell the media, or other companies, such as mergers or special events. It seems that no one ever says anything negative. We are very dedicated to our job and sometimes you will catch one of our Administrators sleeping here over-night. Now if that isn’t dedication to your job, I don’t know what is!   Ã‚  Ã‚  Ã‚  Ã‚  Another way that you could find chivalry today would be all the Unions. Chicago Unions have plenty of hard working men and women in all sorts of trades. They are very loyal and proud (most of them!) of their work that they have done. Then you get the people that just want their paycheck. Those are the types that really don’t show much loyalty or contribute much to their job.   Ã‚  Ã‚  Ã‚  Ã‚  Some ways that you could say that there is not really chivalry in today’s society is the slowly disintegrating church.

The Misunderstood Message of Aime Cesaires A Tempest Essay examples --

The Misunderstood Message of Aime Cesaire's A Tempest      Ã‚  Ã‚  Ã‚  Ã‚   A Tempest, by Aime Cesaire, has been the center of controversy for over twenty years now.   The argument is not concerning whether the play has substance, or whether its themes are too racy; the criticism is about its parallel to another work.   The work in question is that of The Tempest by William Shakespeare.   Cesaire has been bluntly accused of mirroring, misrepresenting, and misinterpreting Shakespeare's last play.   I challenge these critics to research Cesaire and his works, rather than pick apart this most insightful play.   It is pertinent to understand a few key ideas when examining A Tempest because Cesaire was not attempting to mirror Shakespeare; he was merely using him as a reference.   Cesaire, who understood that Shakespeare is an icon of the Western world, himself is iconoclastic.   He knew by adapting The Tempest to his own voice, he would draw attention from the West and raise awareness of his intended audience, the oppressed bla cks of the world.   But valuing this idea requires the reader to be aware of who Aime Cesaire is, what ideas he embraces, and the message he wishes to convey to his readers.    Aime Cesaire was born in Martinique, that time an island under the rule of the French.   He was heavily involved in the politics of his colony, being mayor of Fort-de-France, a member of the French Communist Party, and later founder of his own party, the Parti Progressiste Martiniquais (Davis).   Cesaire grew up in the 1960's, a time when his country was fighting for independence, many African nations were doing the same, and blacks in America were pushing for the equality of races.   He was a strong advocate for independence, and understood the effe... ...uld take another look before rejecting one of the most profound works in Caribbean literature.    Works Cited: Achebe, Chinua. "The Novelist as Teacher." Commonwealth Literature: Unity and Diversity in a Common Culture. Ed. John Press. London: Heinemann, 1965. 201-05. Allison, William "A Legacy of Greed, Slavery, and Racism" Available at http://www.cas.ilstu.edu/English/Strickland/215/f96/allison.htm Cesaire, Aime. A Tempest. Trans. Richard Miller. New York: UBU, 1992 Davis, Gregson.   Aime Cesaire.   United Kingdom : Cambridge Univ. Press, 1997. Hirsch, E. D. "Objective Interpretation." PMLA 75 (1960): 463, 470-79. Rpt. in Contexts for Criticism. Ed. Donald Keesey. 3rd ed. Mountain View, CA: Mayfield, 1998. Sarnecki, Judith Holland, "Mastering the Master: Aimà © Cà ©saire's Creolization of Shakespeare's The Tempest" in The French Review The Misunderstood Message of Aime Cesaire's A Tempest Essay examples -- The Misunderstood Message of Aime Cesaire's A Tempest      Ã‚  Ã‚  Ã‚  Ã‚   A Tempest, by Aime Cesaire, has been the center of controversy for over twenty years now.   The argument is not concerning whether the play has substance, or whether its themes are too racy; the criticism is about its parallel to another work.   The work in question is that of The Tempest by William Shakespeare.   Cesaire has been bluntly accused of mirroring, misrepresenting, and misinterpreting Shakespeare's last play.   I challenge these critics to research Cesaire and his works, rather than pick apart this most insightful play.   It is pertinent to understand a few key ideas when examining A Tempest because Cesaire was not attempting to mirror Shakespeare; he was merely using him as a reference.   Cesaire, who understood that Shakespeare is an icon of the Western world, himself is iconoclastic.   He knew by adapting The Tempest to his own voice, he would draw attention from the West and raise awareness of his intended audience, the oppressed bla cks of the world.   But valuing this idea requires the reader to be aware of who Aime Cesaire is, what ideas he embraces, and the message he wishes to convey to his readers.    Aime Cesaire was born in Martinique, that time an island under the rule of the French.   He was heavily involved in the politics of his colony, being mayor of Fort-de-France, a member of the French Communist Party, and later founder of his own party, the Parti Progressiste Martiniquais (Davis).   Cesaire grew up in the 1960's, a time when his country was fighting for independence, many African nations were doing the same, and blacks in America were pushing for the equality of races.   He was a strong advocate for independence, and understood the effe... ...uld take another look before rejecting one of the most profound works in Caribbean literature.    Works Cited: Achebe, Chinua. "The Novelist as Teacher." Commonwealth Literature: Unity and Diversity in a Common Culture. Ed. John Press. London: Heinemann, 1965. 201-05. Allison, William "A Legacy of Greed, Slavery, and Racism" Available at http://www.cas.ilstu.edu/English/Strickland/215/f96/allison.htm Cesaire, Aime. A Tempest. Trans. Richard Miller. New York: UBU, 1992 Davis, Gregson.   Aime Cesaire.   United Kingdom : Cambridge Univ. Press, 1997. Hirsch, E. D. "Objective Interpretation." PMLA 75 (1960): 463, 470-79. Rpt. in Contexts for Criticism. Ed. Donald Keesey. 3rd ed. Mountain View, CA: Mayfield, 1998. Sarnecki, Judith Holland, "Mastering the Master: Aimà © Cà ©saire's Creolization of Shakespeare's The Tempest" in The French Review

Black Family Essay

Visual media†¦ â€Å"The Coconuts† series on Afrotainment†¦ (South Africa)†¦Giving Blacks a false sense of who they’re meant to be. H. Games†¦video†¦board games†¦Quiet blacks with games, video, board games and try to impose responsibilities and the idea of working hard after given them all the freedom. I. Memory replacement†¦ when whites lift Blacks’ memories and replace them with a white identity. II. A. Black African†¦ A term that was/is seen as offensive, and characterized by grim or grotesque satire B. Dictionary definitions†¦ something bad, dirty, soiled, sinister, evil, etc†¦ C. Evidence of negative identity†¦ if you don’t speak of your race you will be fully accepted in the white world. D. Definition of â€Å"beauty†Ã¢â‚¬ ¦ It’s all dependent on what the media/culture portrays as beauty. E. Silence towards Black identity†¦renders rewards†¦ rewarding by white community because you’re being submissive and the silence is shown as a symbol of equality. F. Current â€Å"New Face of Africa† series on Afrotainment†¦ Halle Berry, Tyra Banks Mr. Valerie, L. C Bolanga, Tofjne G. Self-mutilation†¦bleaching†¦ tattoos†¦ Blacks are the highest consumers who use these products in order to mold themselves into what the media portrays as beautiful. H. Kenneth Clark’s â€Å"doll test†Ã¢â‚¬ ¦ Black children were shown black and white dolls and asked a series of question pertaining to images. They picked the white dolls to describe pretty, smart, and the one they liked most. I. â€Å"Africans in Denial Syndrome†¦class discussion by Dr. King†¦ Africans denying their origins. J. African Symbols†¦ Kojo- Heavenly and all knowing. K. Corruption in and outside of Africa†¦ Foreign countries passing laws banning cultural habits in societies. L. African adornment†¦Kenyan Parliament†¦ No longer allowed to wear their attire. M. Devaluing â€Å"Culture†Ã¢â‚¬ ¦Not recognizing African culture because most blacks don’t even identify themselves as Africans. N. Assimilation versus Absorption†¦Assimilation involves the integration of people’s identity into a different culture whereas absorption refers to taking in the culture and doing as those in the different culture do while retaining your own identity/culture. O. Pan-Africanism†¦ is the highest form of resistance to slavery. P. The â€Å"best† of what it means to be an African†¦is being the descendants of kings and queen. III.

CPT Essay

The stories both show a Chaw racket returning to a Emily but their purpose of returns and their personalities are distinct. The two stories are different but not completely; they have one similar way of showing the theme which is to return to a family. In the story , the main character is returning to his family for Christmas. The quote â€Å"Father stares at me for a MO meet, then I am in his 06)shows that family is important to the main character r because he is immediately hugging his father. The quote also shows that one of the main re sons why people go home is due to family.The main character would go through obstacles to r ACH his family which reveals that family can provide a sense of unity and security that nothing g else can replicate because the main character could have done something to feel the same sense action. The father also stares at the main character because he cannot believe that his son is baa KC home. This shows that family members are always loving and even though his son has left home for quite a while, Cue 2 his father's love has not perished. The author used the idea of family to show going home in this story because the main character's home is his family and his people.The the me has been shown by the idea of family through the story A Son's Return. The son ran away from home and has not come back for many years. When he finally goes back home his mother is file d with joy. She says â€Å"My boy has come,†(Suburban,03) which not only shows that her son has come home but also her feelings. She is not completely overjoyed because the way she says t he sentence does not leave a powerful impression. The mother is joyful but also proud of her so n of coming home. Those emotions are what people should feel when they go home.They feel joy full because after a days work, a home is should give a relaxing feel which leads to happiness. In addition family will give happiness most of the time because it gives people a sense of unity. G oing home also makes people proud because of family. Family reminds people about their CUL true which everyone should be proud of. One of the reasons why Arnold's went back ho me was because of his family. He claims that he had not visited because he did not know that his family was there. However, he still went back because he wanted to see his family again.No ma otter where one's Emily moves, home is always where the family is. The most important part of a home is the family. The main character in returned home to a family alike the Arnold's from . However, both characters also have their own personal reasons for their return. One of the major differences of how the stories show the theme â€Å"Going Homo e† are the character's purpose of return. In , one of the main character's reason's to return is to find his identity. After studying in Wisconsin for a period of time, h e realizes that he started to adapt to a Western lifestyle even though he is an Indian.The purport SE of his journey Cue 3 home is to see if he has turned into a white man or if he is still and Indian. Du ring the trip, the main character compares the environment of his two homes. Firstly, he says Here where fall hides in the valleys and winter never comes down from the mountains,†(Whit cloud,01) which is saying that Fall and Winter do not exist in state. He is currently living in. Next h e says â€Å"In my Wisconsin, the leaves change before the snows ) and HTH s quote shows that Fall and Winter exists in his other home.

Interpersonal Roles

Lamond, D. (2003). Henry Mintzberg vs. Henri Fayol: Of Lighthouses, Cubists and the Emperor's New Clothes. Journal of Applied Management and Entrepreneurship, 8(4), 5-23. This article talks about Mintzberg’s and Fayol’s theories regarding managerial work. It is mentioned that Fayol’s managerial function and Mintzberg’s managerial roles can be connected with one another. (Tsoukas 1994, as cited by Lamond, 2003) â€Å"the logical links between Fayol’s functions and Mintzberg’s roles are demonstrated†. This article explains the interrelation between managerial functions and managerial roles in particular group so that the management in organisation can run effectively. This article is useful for the author’s research as it gives explanation about the importance of interpersonal roles in relations with managerial functions while Robbins et al. (2003) book only provides the basic theoretical managerial roles without further relate with any other managerial components. Mintzberg, H. (1975). The manager's job: folklore and fact, Harvard Business Review, 53(4) 49-61. Mintzberg’s (1975) article shows how interpersonal roles play important part for managers to make decisions and strategies; it also describes the importance of how interpersonal roles are integrated with other roles to achieve effectiveness of managerial work. Mintzberg (1975) suggested that â€Å"Three of manager’s roles arise directly from his formal authority and involve basic interpersonal relationship. † (p. 54). This article is useful for the author’s research as it gives an insight towards the importance of interpersonal roles for manager to avoid misunderstanding between the modern and traditional managerial works. This article is better compared to Pavett and Lau (1983) about managerial work’s article because it provides several examples that support the importance of international roles by providing evidence in reality such as the modern and traditional managerial works that have been misunderstood by society. Pavett, C. M. , & Lau, A. W. (1983). Managerial work: The Influence of hierarchical level and functional speciality. Academy of Management Journal , 26(1), 170 – 177. Through this article, Pavett and Lau (1983) show the influence of hierarchical level and functional speciality on managerial roles. (Mintzberg, 1975, as cited in Pavett & Lau, 1983) â€Å"differences in managerial work involve the relative’s importance of the roles across hierarchical level and functional speciality†. The research focuses on the integration between hierarchical level and functional speciality with managerial roles. This article is useful to the author’s research topics as Pavett and Lau (1983) give a relevant statistics about how hierarchical level, functional speciality and managerial roles are integrated, especially when the interpersonal roles are dominantly seen in hierarchical level and functional speciality as an essential part compared to the book written by Robbins et al. (2003) which only mentioned about the theory without justified examples to support it. Robbins, S. P. , Bergman, R. , Stagg, I. , & Coutler, M. 2012). Management 6 (6th edition). French Forest NSW, Australia: Pearson Australia. Robbins et al. (2012) contains a brief explanation about Mintzberg’s interpersonal roles with its duties and responsibilities. Robbins et al. (2012) suggested that â€Å"All managers are required to perform duties that involve people (subordinates and persons outside the organisation) and other duties that are ceremonial and symbolic in nature†. The study explains that inter personal roles are more likely involve outsiders. This book is beneficial for the author’s research topic, as Robbins et al. (2012) gives plenty explanations about the benefit of interpersonal roles and how each roles are linked well together. The main limitation of the article is that the authors do not put sufficient details and examples about each roles compared to the article of Mintzberg (1975) which mentioned the clear evidence regarding interpersonal roles in everyday life by providing explanation about the modern and traditional way in defining managerial works.

Find a issue and two reasons Essay Example | Topics and Well Written Essays - 1250 words

Find a issue and two reasons - Essay Example Nonetheless, poverty is a social phenomenon, which is experienced in all countries, including the developed and developing countries. The social phenomenon of poverty is not as simple as it might appear. This is a complex phenomenon, which is complicated. Therefore, it is has proved challenging to provide a universal definition of this phenomenon. In addition, it is also complicated and challenging to discover the real causes of poverty. Different scholars studying this phenomenon have identified differing causes, and most have disagreed on which ones to term as the main causes of this phenomenon (Lusted 12). Nonetheless, some of the main factors considered to cause poverty include unequal distribution of resources in the society, and environmental degradation. Unequal distribution of resources makes some people to be termed rich, and others poor. Therefore, the group of people with limited access to resources will experience poverty. On the other hand, environmental degradation will affect those people who solely rely on the environment for natural resources. Farmers, anglers, are affected negatively by environmental degradation, therefore, making them poor (Fight Poverty n.p.). Nonetheless, the phenomenon of poverty is important in the world today, as through tis, the distribution patterns of wealth and resources can be traced. This would therefore, help most sociologists understand other social issues in different countries, with regard to their poverty levels. Sociologists and Anthropologists argue that poverty is a phenomenon that has existed throughout history, even before the recorded history. This is because the element of social stratification is inherent in the human society. Therefore, status, wealth, and power are all unequally distributed in society, even in the prehistoric times. Poverty is real and has been existent in the world over the past centuries. According to the records of the United Nations, poverty exists in most continents. In addition , Anthropologists and sociologists have traced poverty to the ancient eras, including the early periods of civilization. In addition, poverty is evident during the colonial era, according to sociologists. Today, the phenomenon of poverty is more prevalent in the third-world countries. Most African countries are stricken with poverty as shown by the increased deaths due to hunger, as well as increased immortality rates. Most poor African countries have therefore, benefited from considerable amount of aid and relief from the West (WHO n.p.). On the other hand, in most developed countries, the government supports the few poor countries through financial assistance. Homelessness in both developed and developing countries is an evidence of poverty in those countries. Poverty is a problematic phenomenon, considering it is among the social phenomena that humankind has failed to address. Poverty is detrimental, but no strategy over the years, has been instrumental in eliminating it. Nonethe less, between environmental degradation and unequal distribution of resources, unequal distribution of resources in society is the most valid cause of poverty. If all people in society would access wealth in the same measure, then there would not exist the phenomenon of poverty (Fight Poverty n.p.). Environmental degradation has existed for the past few decades, and there has been awareness about this aspect, which generally bears negative consequences for human beings. It is argued that environmental deg

Non-strategic games Case Study Example | Topics and Well Written Essays - 3250 words

Non-strategic games - Case Study Example Games are normally based on certain strategic principles (Condon 498-410). In non-strategic games, little skills are involved. In fact, there are no predetermined solutions and results and hence none of the players can determine how the outcome of the game would be. Experience in non-strategic games is not of essence. The crucial factor that separates this type of game and business models from the rest is that there exists relatively little chance involved. All players, or business partners in a business scenario, have equal degree of knowledge of the elements of the game or business market constraints. Little or no physical skills are required in this game. Examples of strategic games include the Mastermind, English Draughts, Chess, Go, and the Nine Men's Morris. Non-strategic games are also different from the strategic ones which involve strategic decision making. Non-strategic games do not focus on important issues of the game, they do not consider long term horizons nor do they bother with the need to be accountable. There is very little or no accounts for uncertainty. Businesses and business managers heavily employ the concept of non-strategic games in their decision making processes. A strategy or tactics in general are usually contrasted with luck. ... Wishful behaviors are not associated to strategic games. Games exist on a continuum from pure skill to pure chance, with strategic games usually towards the skill end of the spectrum (462). There exist so many non-strategic games in Europe and in other parts of the world. Some of these games are chess and other chase related games, paper and pencil games such as dot and boxes and the sprouts game, the n-in-a-row games among others. A game of skills is not a strategic game. This is precisely because the the outcome is determined mainly by mental and sometimes by the physical skills and not purely ones chance. Non-strategic games, unlike other games of skill, are not a means of exploring one's own capabilities. They also do not encourage the players to understand, look into and even experience what is happening. Technological advancement has for quite a long time encouraged the use and development of non-strategic games. Even though most games involve a degree of chance, randomization devices are used mainly to ensure that the chances of an instance repeating itself are minimal. Some of the commonly used randomization devices and games include the coin flip, the dice, playing cards and the random number generator. There is always a legal importance in the distinction between chance and the use of skills in accomplishing a given task. Chance games and even chance business management strategies and decision making models are differentiated from the ones where skills are employed. However, the legal distinction between the two terms is often vague and it varies widely from one set up to anoth er. Unlike non-strategic games, abstract strategy games are only loosely tied to a real-world theme, if at all. A small category of non-perfect and abstract strategy

An introduction to accounting Essay Example | Topics and Well Written Essays - 750 words

An introduction to accounting - Essay Example Accounting may not be popular but it is a must for any organisation,be it in the manufacturing or service sector, whatever its size,whichever country it is based in and whether or not its aim is to maximise profits.Without accounting resources cannot be managed effectivelyIt is irrefutable that any business organization requires the use of accounting. In fact, the use of accounting dates back from the time a business organization is formed. A company cannot function efficiently without the use of a system which list down the financial transactions that it undertakes (Atrill and McClaney 2001). In the simplest sense, accounting can be defined as the system which provides information about the financial situation of an organization.Since accounting is all about recording financial transactions, it is then a necessity for any organization which deals with money (Atrill and McClaney 2001). And looking at the global business situation right now, no business entity is ever existent without financial resources. Accounting provides a systematic and comprehensive way of recording a company's financial transactions. For one, the accounting equation serves as the basis of the company's financial statements recognizing the principle of double-entry bookkeeping in accounting. The accounting equation is as follows: assets less liabilities = shareholders' equity. It can also be expanded as: assets less liabilities = shareholders' equity (revenue less expenses)(Keown et al 2005). ... Accounting aids a business organization to gather three types of information namely operating, financial, and managerial (Atrill and McClaney 2002). All companies are required to use accounting for operating purposes or for daily activities in order to record and determine the amount of salary owed to workers, track sales, and level of inventory. Secondly, financial information is also needed in order to attract shareholders and creditors. The company often needs to prove to these providers of financial aid that it is worthy of receiving resources. Thus, a company should record transactions and report them to these interested entities. Lastly, accounting is used for decision making. Companies are interested to know how much inventory should be produced in a given month, whether to manufacture in-house or source from a supplier, whether to acquire a new equipment or not. It should be noted that the purposes and information provided by accounting is used by any business organization whether from the goods or service sector. As long as there is money involved, transactions are irrefutably recorded. The financial resources are tracked through accounting. For one, the most common goal of a company which is to make money can only be evaluated if financial transactions are constantly monitored and recorded systematically. A business can only know whether it makes money or not when it employs a system which tracks its revenue and its expenses. However, it should also be stressed that accounting is also required even for not-for-profit business organizations. Non-government organizations like Red Cross and Youth for Christ employ accounting to record their expenses and budget

Management high performance ip5 Essay Example | Topics and Well Written Essays - 250 words

Management high performance ip5 - Essay Example This is the second point that will be discussed in the meeting, which will take the form of explaining to the employees the demoralizing and demeaning effects of workplace hostilities on the employees (Simlin, 2006). The supervisor will explain the impact of the employee hostilities as a contributing factor to poor departmental performance, since the employees are demoralized by the hostility and made to feel unappreciated. This in turn lowers their enthusiasm and energy, making them less productive (Harold & Kumar, 2012). This is the third point that will be discussed by the supervisor, aimed at helping the employee understand the desired organizational values of the factory in relation to workplace ethics and cultural diversity. Such values make the factory employ workers from different religious and cultural background without discriminating (Rodriguez, 2006). The supervisor will explain the value of diversity within a workplace in enhancing productivity and performance. The supervisor will also explain the duty and responsibility of the employees to embrace the organizational values, and as such cease the hostilities (Simlin, 2006). Federal Communications Commission (FCC). (2009). Understanding Workplace Harassment: Workplace Harassment is a Form of Discrimination. Retrieved March 15, 2014 from

Project financing and risk management Essay Example | Topics and Well Written Essays - 3500 words

Project financing and risk management - Essay Example The risk teams work extremely hard to help to maintain the reputation as well as financial performance of the NCB Jamaica Ltd ? and also ensure that the bank functions responsibly and assists the business to grow in a meaningful and sustainable way. As corporate responsibility has turned out to be the ‘buzzword’ in the banking business, banks are being forced to enthusiastically engage in providing to sustainable development? given their intermediate position in the financial system. The primary objective of this study is to recognize various risks? particularly the strategic risks faced by the banking industry and how to mitigate them. Strategic risk take place from the inability of an institution to execute suitable business plans and strategies, resource allocation after making apt decisions and its incapability to adjust to the changes occurring in its business environment. It is very important for banks to be serious in improving, measuring and reporting their risks as well as goals and objectives of their organization? as they will ultimately be bound to fight on benchmarking with competitors. 2. Introduction and Background. Jamaica is the third major island in Caribbean. National Commercial Bank Jamaica Ltd. (NCB Jamaica) is Jamaica's major provider of the financial services with 37.5% marketplace share by assets of the profitable banking sector. NCB offers a wealth of financial services in the course of its network of 42 locations and more than 170 ABMs island wide. These services consist of savings accounts and chequing, facilities of the credit card, commercial and personal loans, insurance, and wealth management. National Commercial Bank Jamaica Limited, jointly with its subsidiaries, offers different financial banking and products and services primarily in Jamaica. â€Å"National Commercial Bank Jamaica Limited reported consolidated earnings results for the fourth quarter and year ended September 30, 2012. For the quarter, the company reported net profit of JMD 2,685,498,000 or JMD 1.10 per basic and diluted share compared to net profit of JMD 4,616,324,000 or JMD 1.87 per basic and diluted share a year ago†. http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=20357150 The First Caribbean International Bank is a major Caribbean banking unit with assets in excess of US $9.5 billion and it is the second major institution among public traded financial organizations in the area with a market capitalization of above US $2 billion. The fundamental strategic principle of NCB Jamaica philosophy includes taking into account the interest of the stakeholders, customers, employees and their satisfaction. Strategic risk is a function of: †¢ A bank’s strategic aims †¢ Strategies of business developed in order to accomplish the goals †¢ Resources set up in search of these aims and the superiority of implementation †¢ Resources required accomplishing both tangible and intangible business strategies It consists of channels for communication, delivery networks, managerial capacities and capabilities and operating systems. The internal characteristics of an organization must be assessed against the impact of competitive, technological, economic, and regulatory and the other environmental changes. Strategic risk may occur due to several factors. â€Å"The primary risk to inflation in the 2011/12 financial year is the exchange rate and the pass through effect on prices if there is accelerated depreciation.

Subject of Course Project Essay Example for Free

Subject of Course Project Essay In today competitive economy, we need information system in every aspect of the organization because Information systems help in decision making process in a cost effective way. Using technologies to discover, analyze and act in real time on the large volumes of data in research laboratories will be beneficial to the organizations. Every organization produces large amount of data and we need a system to contain it and extract information effectively. Databases management systems are design to ease difficulties in maintain complex information systems. An organization such as Mayo Clinic not only has the clinical heath care system but also has the larger department focuses on research and innovations. These types of organizations contain many different research laboratories that use different database system and technologies, bio specimens and produce many different results. This indicates that they have large valuable data yet missing a system that can link them together so that we can compare and contrast all the pertaining data out there. Business Problem Statement The core problem to be solved is inefficient database systems of each disconnected database systems to a system that can communicate many different databases with easy to pull information out of. Due to difference in needs of each research labs, it would be very unproductive to use one type of database for all the labs. However, we need a system that can communicate different databases and queries all the information quickly. Name of the Organization The name of the organization is Mayo Clinic. I want to specifically focus the issue of database system of research department and more specifically about the database system of the lab that I am currently working with. At my lab, we are currently using a Microsoft Access Database to store both clinical and laboratory information by saving in it the share folder for other team members to access. However, there is no tracking system in place and with multi users involve, we have no way of know who or where the information could be wrong. Many other labs also have issues with current databases that they are using due to limited user abilities, missing tracking in place, and waiting time for programmer to give us reports. General Benefits By building a system that can give both clinical information and research information help save time and money of the organization and employees. It will encourage more collaboration within the institutes. If we have information on the samples that other labs already worked on, we no longer need to waste resources to produce the same data by sharing the results. There will be more time for innovations by removing the repetitive experiments. This system can also help at finding more resources such as which labs are working on the similar samples or experiments thus increase collaboration either by exchanging samples or working on the ideas together. It is also important to point out the sharing contents will be control by the users to avoid conflict. A system that can communicate with other database can pull up information of the same patients without needing to re-enter them in many different databases will save time and employee can focus on different tasks. High Level Approach Building a database system will take hours of mapping connections and writing a program that can be customized by users. The best way is to have web base database systems for the labs which don’t have a good relational database yet. Then, build a system that can link the entire relational databases to talk to each other and pull out data. There is two ways we can build the system either by outsourcing or in-house program development. Another step is to find out which way is more cost effective with the time we need to have them ready. Also, it would be important to have a research server and a team to maintain the systems. Audience The needs of an effective research laboratories database system are obvious yet it is costly and time consuming to build one. All the principle investors need to be participating and build the system together and budget into their lab cost. Senior managements and mangers of the labs of Mayo Clinic need to know the importance and benefit of having central research database system.

The Interaction Between The Tangible And Intangible Economics Essay

The Interaction Between The Tangible And Intangible Economics Essay Introduction: Assets is one of the most controversial concept in financial accounting. The historical accounting scientist are trying to give a satisfactory definition of the assets, but so far, an authoritative, academics and practitioners are accepted definition, has not yet appeared. The resources formed from past transactions or events by enterprises owned or controlled, and the resource be expected to bring economic interests to enterprises which is called assets. Classified according to different criteria, assets can be divided into different categories. In accordance with the length of the consumption period, can be divided into current assets and long-term assets; according to the specific form, Long-term assets can also be further classified, according to whether the physical form, can be divided into tangible and intangible assets. Tangible Assets: Tangible Resources Financial: Firms cash account and cash equivalents Firms capacity to raise equity Firms borrowing capacity Physical: Modern plan and facilities Favorable manufacturing locations State of the art machinery and equipment Technological: Trade secrets Innovative production processes Patents copyrights trademarks Organizational: Effective strategic planning process Excellent evaluation and control systems Source: (Strategic Brand Management 2003) Assets that are relatively easy to identify are called tangible resources. they include the physical and financial assets that an organization uses to create value for its customers. Among them are financial resources (e.g.: a firms cash and accounts receivables as well as its ability to borrow funds) physical resources (e.g.: the companys plant equipment and machinery as well as its proximity to customers and suppliers): many firms are finding that hightech .computerized training has dual Benefits; it develops more effective employees and reduces cost at the same time ( J.B. 1991) A tangible asset is the physical form of assets, including fixed assets and current assets, tangible assets consist primarily of: housing, machinery, equipment, and other forms of assets. Narrow sense of tangible assets usually refers to fixed assets and liquidity. Generalized tangible asset including: funds, resources, products, equipment, apparatus, plant, personnel information, including all the factors of production. Generally speaking, the tangible asset is the assets of a certain kind of form. (Jobber. 2012) Existing assets to the specific material and product form, including the production of tangible assets and non-produced tangible assets. Production of tangible assets is the production activities to create assets; tangible non-produced assets are natural assets without production achieved. Production of tangible assets, including tangible fixed assets, inventory (stock) and precious items . Tangible fixed assets, that is including residential, houses and buildings, machinery and equipment, raw materials and supplies, on the move, that is finished goods, and resell the goods; Non-production of tangible assets include land resource, uncultivated biological resources and water resources.(Wilson. 2005) Tangible assets can be further divided into physical and financial assets. Physical asset is the value in use of the property or material. Financial asset is the currency and securities. The value of the tangible assets created by its physical nature, that is, given the value of tangible assets by tangible, physical and visual factors. The value of the tangible assets from its material characteristics, their property rights are intangible, but it comes from their material characteristics. Intangible Assets: Intangible Resources Human: Experience and capabilities of employees Trust Managerial skills Firm specific practices and procedures Innovation: Technical and scientific skills Innovation capacities Reputation; Brand name Reputation with customers for quality and reliability Reputation with suppliers for fairness, non-zero-sum relationships Source: (Strategic Brand Management 2003) Much more difficult for competitors and for that matter . A firms own managers to account for or imitate are intangible resources .which are typically embedded in unique routines and practices that have evolved and accumulated over time .these include human resources (e.g.; experience and capability of employees, trust ,effectiveness of work teams, managerial skills ),innovation resources (e.g., Technical and scientific expertise ,ideas and reputation resources (e.g.: brand name ,reputation with suppliers for fairness and with customers for reliability ,and product quality . a firms culture may also be a resource that provides competitive advantage. (.Barney.1991) Intangible assets refer to enterprises for the production of goods or rendering of services, for rental to others, or for administrative purposes and holds a long-term, non-monetary asset without physical form. Generalized intangible assets including financial assets, long-term equity investments, patents, trademarks, etc., because they do not have a material entity, but the performance of some kind of legal rights or technology. Intangible assets including patents, technology, brands, copyrights and royalties, the use of the land . Intangible assets can be divided into identifiable and non-identifiable intangible assets. Identifiable intangible assets, that is including patents, proprietary technology, brands, land use rights and concessions,. Intangible assets following conditions are satisfied at the same time, in order to be recognized .The intangible assets related to the economic benefits are likely to flow to the enterprise; the cost of the intangible asset can be measured reliably.( Ghemawat.1991) Role of intangible Assets ¼Ã… ¡ Use of intangible assets as security for loans (such as trademarks, patents, copyrights, equity pledge registration as security for loans), commercial registration, increase investment, equity participation, shareholders funded immaterial property, license to use, transfer, lease contract, liquidation auction; Increase brand awareness, show the strength of enterprises, enhance cohesion, brand image ¼Ã¢â‚¬ º(Jorissen. 2007) The enterprises operating intangible assets with international standards, and then enter the international market Protection of intellectual property rights claims is based requires companies to crack down on counterfeit products, infringement and litigation .Through the evaluation of Intangible assets, the business of the inventory can be completed ¼Ã…’ to provide the management information to operators thus reasonable allocation of resources. Project financing, joint venture, merger, acquisition, attract investment, investment in intangible assets, investment, Intangible assets is the core attraction of foreign investment such as commercial brand, corporate profitability, sales, channels, personnel , etc. Intangible assets capital to invest in shares can bring many benefits for the enterprise. First of all, can ease the difficulties of registered capital and increase investment. Some people want to start a business, because of lack of funds to run the new company, can use intangible assets as part of the of registered capital to be registered, especially in some high-tech enterprise, especially; The number of enterprises registered capital is too low, giving the marketing difficulties, want to increase the registered capital, but the lack of funds, then can use the immaterial property investment shares to overcome this difficulty.( Gregory 2003) In the era of the industrial economy, the economic growth is mainly dependent on the plant, equipment, funds, and in the era of knowledge economy, patents, proprietary technology, trademarks, goodwill, information, computer software and other Intangible assets of innovation and sustainable development of economic growth play a decisive role. Intangible assets unlike land, buildings, machinery and equipment as a specific physical form in front of people, but in the era of knowledge economy, it does play a role can not be ignored for the sustainable development of enterprises. In the era of knowledge economy, the process of economic globalization in further exacerbated, it should be recognized that there is a process of continuous improvement of the status and role of intangible assets, when the increasingly competitive market, the more complex the business activities, intangible assets continues to increase, while its status and role of the more trend in the core, so that the number of high-tech enterprises are facing the danger instance to be suspended because of the loss of Intangible assets and can not sell their products.( Wilson, D. 2005) Role of intangible assets in Fast-paced Technology Market: In the day-to-day purchasing behavior, will you confused with a wide variety, all kinds of brand? And do not know how to make your decisions? What are the determinists to help you to choose goods finally? Of course, we want to buy the most cost-effective products, imagine that, we can not get them to try one by one, we will proceed from experience to choose reputable manufacturers and the well-known brands. In our selection process, in fact these Intangible assets play a role in the process. It has a strong appeal and influence, sometimes forcing us to make not entirely rational choice, wonderful role of the brand is to be able to win the goodwill of consumers to obtain the trust of consumers, which products sold, win opportunities to make goods in an invincible position in the competition for a long time.( Riezebos.2003) In the context of the era of knowledge economy, the value of Intangible assets can be much higher than the tangible assets, because the value of the tangible assets, after all is limited, while the value of Intangible assets can be unlimited200 brand value rankings released by the United States in November 2003, Coca-Cola topped the brand value of up to $ 70.45 billion, which strong value of intangible assets is evident. No wonder the boss of the Coca-Cola Company said: Even now, all the property of the Coca-Cola was burned, we still can dominate the world with this brand again. This is the brands equity and also is the power of intangible assets. This kind of self-confidence and competitive advantage also reflected in other international brands. For example, Intangible assets and tangible assets ratio of 70% versus 30% respectively in the world famous Microsoft, It can be predicted that the proportion of Intangible assets will continue to expand in the future of the companys new as sets. The United States has been able to occupy a dominant position for a long in the world, relying on its powerful economic force, In fact, that is expanding the tremendous power of intangible assets which included in enterprises and products. (Saudagaran. 2001) Intangible assets growth with the support of modern marketing tools and modern technology means, its speed can be much higher than the growth of the tangible assets of the enterprise, which means giving enterprises more excess profits. Let us look at the following data: In the high-tech is widely used in the United States, the research and development expenses of non-financial firms as a percentage of GDP, rose from an average of 2.2% in 1980-1989 to an average of 2.9% in 1990-1997, The proportion of investment in the world in tangible assets fell to 14.1%. At the same time, the S P500 index reflects the market value of the main American. The companies index from 135.76 points in 1980 raised to 1342.62 points on November 20, 2000, an increase of nearly 1O times. This shows that intangible assets play an increasingly important role in the creation of enterprise value. The interaction between the tangible and intangible assets: In addition, activate tangible assets with intangible assets, is the best way for low-cost expansion, the greatest advantage is to avoid repeated investment and redundant development. It is crucial for the adjustment of economic structure, promote the virtuous circle of the whole national economy. Haier as the number one of Chinese home appliance brand, one of the features of the expansion is to make an activation of tangible assets with intangible assets, which is written into textbook as classic case of Harvard Business School. (Itami..1987) Before Haier mergers Qingdao Red Star Electric Appliance Factory, total assets of 400 million Yuan, while total liabilities amounted over to 500 million, 133 million insolvent, and the debt ratio up to 140%. After taken over by Haier Group, it was reorganized as Haier Washing Machine Corporation, and directed to employees with a series of management concepts, these ideas like an invisible hand united the almost defeated team and elevated to an orderly, self-discipline, quick job status, burst out of powerful life and been enable enterprises to gain the extraordinary development: made up the deficits and get surpluses in three months, profit $ 1.5 million in the fifth month, passed certification of the IS09001 international quality system in the Second year, won Chinese washing machine Top 10 Brands, consumers shopping preferred brand, etc; market share has risen to 22% of 100 large shopping malls in the country at the end of 1996, It rose to 28.31% the first half of 1997, five percen tage higher than the second. The International market share is far ahead of other brand in China, the number of Automatic washing machines exported to Japan has been accounted 95% of total exports, accounting of 61% total imports of Japan; On this basis, Haier Washing machine merger the Guangdong Shunde washing machine factory again as an investment holding company brand in May 1997, after that set up Shunde Haier Electric Company and resume production within two months, created people are even saying so terrible Haier speed; September 1997 in cooperation with West Lake in Hangzhou, Haier take advantage of value of intangible assets, set up the Haier Holdings Electric Company Hangzhou without invest a penny and successfully developed a series of TV with Haier brand. (Field, A . 2005) In June 2001, the Haier Groups acquired global line of credit of 300 million U.S. dollars from the Bank of China, This is the bank of China the first and the only time to give China enterprise a global credit in China. With the global credit of Bank of China, Haier financing approval procedures will be greatly simplified, the domestic and foreign investment projects within 300 million US dollars will be more rapid and timely service; In addition, the Bank of China branches and agencies around the world will give Haier Group worldwide localization financing to facilitate. Haier brand value there are 74.9 billion Yuan in 2006, equivalent to nearly $ 10 billion. The value created by a brand is far beyond than several generation of peoples hard work. Haier could not successfully obtain such wholesale funding without such huge brand effect of Haier. Trends of Intangible assets: Intangible assets can bring huge profits for the enterprise, profit has a powerful allure and penetrating power, right here only cited one case to illustrate this. Lets look at the World Brand Lab recently announced 2008 World Brand 500: Harvard University ranked first; Coca-Cola second in the world; Citibank ranked third in the world; Google ranked fourth; Mercedes-Benz the worlds fifth; Wal-Mart the world rankings sixth; Microsoft the world ranked seventh; McDonald ranked eighth in the world; International business opportunities ranked ninth in the world; Apple Computer the worlds tenth. These world-class brands, its brand value is amazing, Coca-Cola reached $ 55 billion, the highest IBM brand value of $ 59 billion, Googles $ 25.5 billion in 2005 alone. (Selam Nuri 2012). With the extensive use of knowledge, technology and information in the social production and life, the human social economic form gradually changed from the agricultural and industrial to knowledge industries. (Gu. F. and Lev, B .2002).The 21st century is the era of the knowledge economy (Knowledge Economy), the knowledge economy is an economic form based on knowledge resources, its significant characteristics: Knowledge intensive technology as the foundation of the knowledge industry or new and high technology industries, has become the core of the entire industry, it is the major driving force for a country to obtain a long-term competitive advantage and sustainable socio-economic growth boosters. The arrival of the knowledge economy is a result of the development of high-tech industries, on preliminary information developed countries in the world, their computers, electronics, and aerospace and other high-tech industrial output and employment growth is the fastest. High-tech enter prise intangible assets accounted is bigger for the proportion of total assets in comparison with the traditional enterprise The high-tech enterprises are typical of knowledge and intellectual support enterprises, it has a high quality of intangible assets as a prerequisite, rich in scientific and technological content of its products are technically complex, a high degree of innovation, the short lifetime of the product guide the demand characteristics. Currently, many U.S. high technology enterprise intangible assets has more than 60% of total assets. In the Microsoft does not have raw materials, plant and equipment on a large scale, It has a main resource is the wisdom of the people, have the product is in the floppy disk and the floppy disk that contains knowledge. Although Microsoft does not have the characteristics of the traditional large enterprises on the surface, but its enterprise value is more than General Motors Corporation in the United States and other giant enterprises, become a truly high-tech industry giant, the only one reason is that Microsoft has a huge amount of intangible assets. The economic benefits of Knowledge which created by intangible assets has constituted the main body of the economic benefits of high-tech enterprises. In summary, there is no new and high technology enterprise without these invisible assets. (Gunnar Hedlund.2012.) Conclusion: The assets are the most important economic resources of an enterprise. Under conventional economic conditions, tangible assets relative to intangible assets in a more scarce position, the knowledge contained in the companys products and technology content is not high, the core position in the competition tangible assets rather than intangible assets; In the era of knowledge economy, the role and status of intangible assets is rising, intangible assets play an increasingly important role in the economic development, competition among enterprises has evolved into a competition intangible assets such as knowledge, technology, management ability and innovation ability. Intangible assets of the enterprise is becoming a key element in the survival and development of enterprises, it is an important value source of enterprise. Especially in the high-tech enterprises, the crystallization of the knowledge and wisdom of the patent, patented technology, goodwill, trademarks, research and develop ment, franchise and other intangible assets have gradually become the most important resource instead of tangible assets. For science and technology as the core of the high-tech enterprises, its asset structure is different from the general characteristics of enterprises that intangible assets in a larger proportion of total assets, in other words, value creation of high-tech enterprises will mainly depend on intangible assets, thereby intangible assets has a more important meaning in the high-tech enterprises.( Keller.2003) A large number of foreign findings show that: the intangible assets of the value of the enterprise to create an important role and can make a significant contribution; there is a strong correlation between the value of intangible assets and the companys market; intangible assets information disclosure status will affect the development of the capital market, the investors investment income and business growth. Be seen from the above: intangible assets so important for businesses; this trend has been vividly interpreted by Larry Wright whos the famous Brand strategy experts in American. Owns the market more important than having the factory, and the only way to have a market is to have the brand as intangible as the core which is dominant in the market.