Evaluation Of The Analytical Writing - 1913 Words

How To Get a 4+ in AWA What is AWA? Analytical Writing Analysis is the first part of your GRE. As soon as you start your GRE exam, this is the first thing which you have attempt. So, this is essentially your section-1 of GRE exam which has a duration of 1 hour. What does AWA test you on? The Analytical Writing Analysis aims at judging your analytical skills which you present through your writing. It tests whether you’re thinking abilities are developed enough to critically analyze an argument, rationally support your point of view and coherently present your ideas. The Analytical Writing measure tests your critical thinking and analytical writing skills. It assesses your ability to articulate and support complex ideas, construct and†¦show more content†¦The two tasks are complementary in that one requires you to construct your own argument by taking a position and providing evidence supporting your views on an issue, and the other requires you to evaluate someone else s argument by assessing its claims and evaluating the evidence it provides. Individuals taking the computer-delivered test will use a basic word processor developed by ETS. The basic word processor contains the following functionalities: insert text, delete text, cut-and-paste and undo the previous action. Tools such as a spell checker and grammar checker are not available in the ETS software, largely to maintain fairness with those examinees who must handwrite their essays at paper-delivered administrations. How do you prepare for AWA: Everyone — even the most practiced and confident of writers — should spend some time preparing for the Analytical Writing measure before arriving at the test center. It is important to understand the skills measured and how the tasks are scored. It is also useful to review the scoring guides, sample topics, scored sample essay responses and reader commentary for each task. The tasks in the Analytical Writing measure relate to a broad range of subjects — from the fine arts and humanities to the social and physical sciences — but no task requires knowledge of specific content. In fact, each task has been tested by actual GRE ®

The Number One Article on Optional Practical Training Essay Samples

The Number One Article on Optional Practical Training Essay Samples The absolute latest you may apply for OPT is 60 days following your program end date. Even if you just use a couple of months and then return to school, you CANNOT recover the rest of the months of OPT and use them at a subsequent date. Part-time employment is 20 hours each week or less. All students on post-completion OPT are expected to report any of the subsequent changes within 10 days of the first shift. Another reason could possibly be that different aged samples were used, like a baby plant that might get a greater absorbance in comparison to an aging plant. Sadly, this line is practically always busy. So How About Optional Practical Training Essay Samples? There are a few special circumstances where you're able to be a part-time student. It's possible for you to work with several organizations, so long as each position is directly linked to your main area of study. You don't need to get a job offer prior to applying for optional practical training. A job offer isn't required to be qualified to make an application for optional practical training. The student's proposed employment is related to the student's major subject of study. Thus, for example, a student can do OPT for their undergraduate degree (if done in the USA) and then again for their graduate degree (if done in america). He has not used all of the practical training available at the current level of study. Students that are unsure whether their activities may be considered cheating are encouraged to talk to their instructor. A standard small business report follows the exact format. More research should be carried out. Part-time practical training is going to be deducted at one-half the full-time speed. You should also have a great understanding of a report structure. Top Optional Practical Training Essay Samples Secrets In this instance, it's possible to either attempt to enter without it, which can be risky and OIS doesn't advise you to achieve that. For instance, if you participated in 10 months of pre-completion OPT, you'd be eligible for only as m uch as two months of post-completion OPT. The requested start date can't change once the OPT application was mailed. You're going to be notified while the letter is prepared to be picked up. If you decide to travel, please note IPS can't help facilitate your re-entry if it's denied. The optional essay may also demonstrate that you're seriously interested in attending a specific law school. Doing this will permit you to be more acquainted with the typical content and basic formats which are usually seen in an academic essay. The same is applicable to top essay writers. If you would like to make an academic essay that's both outstanding and relevant, always place the items that we've discussed above in mind. It's a motorized version of the standard rickshaw or velotaxi, a tiny three-wheeled cart driven by somebody. Since academic essays are popular in the business of education and research, you should make sure your writing is both logical, interesting and informative. An academic essay always must be relevant. Your academic essay should evoke an emotion that is needed to spark different ideas, opinions and other sorts of responses. Always keep in mind that it should be playful it must not bore your audience. Optional Practical Training Essay Samples: No Longer a Mystery You can also take a look at financial report examples 10. Reports are thought to be one the best approaches to relay an info. You can also see sample activity reports It is a list of folks who sponsor or assist you in producing the report. Only provide the needed and relevant data in your report.

Flexibility and Work Life Balance

Question: Discuss about the Report for Flexibility and Work Life Balance. Answer: The Human Resource management is often viewed as a very simple part of the entire organizational structure, however if the same is studied in detail then there lies a lot of complexity in managing and discharging the activities of a human resource manager. How effective is the functions of the HRM department in an organization have always been a topic of argument amongst various scholars, executives and managers. Dealing with human resource does not limit them towards only selection, recruitment and training, but it extends far off towards understanding there needs and desires on a continuous basis. With the changing environmental conditions, the expectations of the employees have shifted from only monetary gains to an adequate work life balance and flexible work arrangements that are offered by the employers (Joshi et.al. 2002). Often the concept is misinterpreted by the organizations and they take it as a potential loss of time and energy. Thus it is very important to understand wh at does flexibility in work mean and how does it contribute in maintain a work life balance. Both the concepts are interrelated. Flexible working basically points out towards adoption of a working pattern which is best suited and caters to the needs of the employers and the employees. It cannot be one sided. It has to be beneficial for the employers as well. Flexible working hours can be either part time, opportunity to choose your own working time, job sharing as well as work from home. As long as the company is being able to retain good employees and are getting the required quality of outcome, flexibility in working hours should be preferred (Harris, 2007). Off lately the concept of work life balance has been able to catch the attention of the HRM team across organizations. Its importance can be perceived today with respect to the employees commitment towards their families, children and friends. Inadequacy of balance between the work and the life is a reason for emerging conflicts, low productivity, increase in costs , employee turnover ratio as well as stress. Manager often fail to understand that if they extend their hands towards helping their managers and the sub ordinates in maintaining a work life balance then the results would be far- fetched and highly applauded by all. The employees would be more committed, responsible and would be ready to take charge of their work with confidence (Hayman, 2009). Ensuring flexible working hours along with maintaining a work life balance has now become a part of the curriculum of the HRM module across all types of organizations- small, medium as well as large. Organizations have been offering flexibility in the working hours to their employees due to which they have been able to reap greater amounts of productivity and profitability. The word flexibility should not be construed in its literal sense only. It extends much beyond that . Sharing of the job, providing adequate maternity as well as paternity leaves, part time working as well as work from home facilities are also a part of the said thought process (www.acas.org, 2015). Even though the benefits are many as is enumerated above yet the contention made by Julia Bourke is correct that the use of flexibility has moved away from its original paradigm. The organizations have to strategize on the implementation of flexible working hours within their organization. They will have to understand that providing flexibility does not mean that their work will be hampered or the results will be not as per the desired grade. Her debate is mainly regarding the fact that there should be equality between men and women (Russell, McGinnity, 2011). She mentions the fact that gone are the days when men were only to look after their workplace. Todays scenario demands for balance between the two which led to the desire for flexible working hours for men too. She basically focuses on addressing the issues related to women workforce (Government of South Australia, 2011). Sooner or later it will be seen that the number of women workers are more on the streets than the men. Earlier there existed only what is known as maternity leave for the pregnant women. But slowly the term has found its friend in the form of what we know as Paternity leave i.e. men would also be allowed to take a break from their work when they have a new born in their family so that the mother can get help. The Australian Government has taken steps by introducing awards for recognition of the practices laid down for the balance between work and family, amending the Sex Discrimination Act 1984 which enables protection of the employees basis their responsibilities towards their families. However even though steps have been taken by the government yet proper cementing of the gap between the two is still at its discussion phase. It is due to non-redressal of these gaps that the statement made by Julia Bourke holds good (Bourke, Russel, 2011). Unfortunately the percentage of flexible work arrangements differs sector as well as gender wise. The 2005 research makes it clear that by flexibility the organization only understand two main concepts, paid leave and flexi working hours. Unfortunately workers and employees look at this opportunity of work life balance with flexibility as a poison. The negativity imbibed within them with regards the said concept of maintaining balance between the family and the work which will lead to non-discharging of their duties with utmost commitment and also the fact that they would be termed as incapable has made them take a conservative view towards the same. A quarter of the percentage of the employees believe that the kind of arrangement offered to them with regarding inducing flexibility within their work is not sufficient and they do not even prefer to discuss the same at length at the organizational level. For some money is all that matters and they view this opportunity in a negative ma nner as they prefer not to opt for such flexi arrangements due to monetary loss and a very small percentage f employees who wanted to exercise this option were refused by the organization due to minority. Thus the arguments stated above make it clear that only flexibility is not enough , it should be instead coupled with other benefits and initiatives so as to attract the employees for opting for the said option (Half, 2013). The next contention which makes the statement of Julia Bourke true to believe is that organizations still have the old image of a typical ideal worker, one who should be only concentrated towards his or her work and nothing else. The organizations are still at a very nascent stage to adopt the work and care approach. The working hours are still very long for the male counterpart of the work force and with regards the female side of it only 38 percent worked for lesser hours (Shagvaliyeva, Yazdanifard, 2014). Gender inequality is another cause of defeat of the concept of flexibility in working hours to enable work life balance. It is basically the women who are still expected to shift into part time post delivery and the simple reason being lack of awareness of the responsibility that even men have towards family apart from the role of a bread earner. The organizations though claim to have become flexible with all employees but still many do not have the concept of paternity leave , have restrictions on their pay, the quality is not good of the part time jobs which would do adequate justice to their abilities and lastly the top managers at the organizations also have a very negative approach towards this area. These are all because of lack of proper training that should be at the various levels of the entity. Further Bourkes contention is agreeable as it is very truly said that until and unless rights for a flexible work life balance is not legalized entities will view and portray a disma l picture only in front of the employees which would discourage them towards the adoption of it (Rose, 2008). There still exists a minor gap between the policy written and followed. As per the survey it is found that the main change has to occur from the managerial level. It is they who need to have an optimistic mindset towards such a theory. As per the 2008 status report on Diversity and Flexibility it is established that the mangers play a pivotal role in optimizing this strategy. They will have to keep an open mind towards this policy and try to formulate methodologies for its implementation keeping in mind the organizational goals. Further the use of flexibility has moved away from its actual prototype because of the lack of the mangers to understand that the work that is pre-defined is required to be designed again so as to achieve the goals of the firm as well as provide adequate adjustable working hours so as to be able to maintain a work life balance. Thus it is very clear from the stated arguments that the work life balance maintenance is important for relieving the employees from the stress, ensure more productivity with flexible working hours, but the various hurdles to it has shifted the main crux of such a thinking originally. The managers fail to understand the after effects of excessive working hours in the workplace. The productivity graph of the employees and the managers are bound to take a downturn. Working longer hours than desired has an effect on the productivity of not only junior level staff but also at the senior level. Longer hours of working are beneficial for both the organization and the employees (Seo, 2011). The former gains in the form of meeting excessive demands thus greater profits are recorded whereas the later is able to negotiate well with regards the payment that they would receive for working for longer hours. But unfortunately what is ignored is the fact that how long would such benefits be reaped? Ultimately ince the saturation point occurs it is bound to effect the performance and the deliverables on the part of both the employees as well as the managers (Huey, Wickens, 1993). Its implications are manifolds in nature. First and foremost it is a welcoming note for various health issues such as recording of high blood pressure, mental stress, Lower birth weight amongst women, increase in the number of suicides and increase in the consumption of tobacco n alcohol amongst both men and women. Studies held at the Cornell University that out of the total population of employees who work for more than 45 hours a week, 10 percent of them complain of family issues. The number increases to around 30 percent as soon as the working hours increase to 60 hours per week. This leads to divorces, mental pressures and also affects the life of the children. Depression is the ultimate result of such issues (Hausknecht et.al. 2008). Secondly the risk of unsafe atmosphere also increased. After working for abnormal hours per day the number of road accidents cases recorded has been above average, the work place may not desire the employees to work for more than the specific hours due to the kind of environment which are exposed to such as in a nuclear power plant or a coal mining plant (Shields, 1999). Thus the effect of longer worker hours leads to weariness and exhaustion. This is mainly seen in the medical profession where doctors work for longer hours attending patients and are more prone towards road accidents as per a study conducted in Germany (Kodz et.al. 2003). Thirdly is the myth that increase in the working hours will lead to more productivity. Companies and also employees fail to understand that longer working hours lead to an exhaustive as well as saturated stage which when achieved plots there graph of productivity towards the opposite direction (Proctor, 1996). In the white- collar jobs which demands longer hours of work faces a decline in the productivity by as much as 25 percent.Further doing the work in the same monotonous way can hamper the productivity. Certain laid down procedures will for sure lead to more production in longer working hours but will deteriorate the quality of performance which will be reflected in the high amount of dissatisfaction amongst the customers and the clients which will hit the bottom line of the firms (Circadian, 2016). Lastly what hits both the employees as well as the mangers is their personal lives. This takes a toll. The money then becomes secondary as the person returns home with so much of fatigue, stress and tension that he or she fails to devote time to the family, distance in relations increase and by the time the consequences are understood and felt it gets too late for them to react and correct the incorrect. These implications however can be reduced and adequate productivity can be achieved within the time allotted for work if the Human Resource Management team work towards developing an environment in the challenging scenarios so as to address twin problems of flexibility along with work life balance (Spurgeon, 2003). Another very critical and delicate issue that requires the attention of the managers is that how would they facilitate work life balance during the economic downturn. The real test lies in the way they react and build up the confidence of their employees during recessionary times. The organizations will require to device such policies so as to enable to address the issues related to work life balance and try to derive maximum productivity during difficult times (Chinchilla et.al. , 2009). Before analysing any way out for maintaining a balance between work and home during recessionary period the organizations are required to carefully study the impact of the recession on the lives of their employees. As per a survey conducted by Corporate Executive Board in 2009 it is clear that due economic downturn the employees scared to demand from their employers a policy regarding work life balance (Sherwin, 2000). Thus it is clear that it is the employers duty to facilitate adequate work life balance opportunities during times of distress. One of the most recognized ways is that organizations are cutting down on the hours of work instead of giving pink slips to its employees. In this way the element of insecurity every morning is nullified as well as more commitment is seen from the side of the employees. Salary reduction is acceptable in an environment of job insecurity (Shah et.al. 2011). This way they can also be with their families in times of distress. The most famous example is that of KPMG Europe wherein to save their jobs the partners decided to either work four days a week or take a sabbatical for 90 days, this way their jobs were secured at least. Another highly regarded method adopted by the employers is what is known as telecommuting wherein employees are asked to work from home which would in turn enable organization to cut down on their infrastructural costs rather than cutting d own on their work force. This in turn served two purposes, the employees could work at home giving time to their families and at the same time knew that their jobs were secured enough (Naithani, 2010). Therefore on a concluding note it is very clear from the argument stated above that though flexibility and work life balance is of utmost importance in todays changing work scenario and demands of the workforce, yet many organizations and also the employees who are offered with such facilities are not too keen in accepting and inculcating the same within their work environment. The actual benefits that can be derived and its proper utilization is what people fail to understand. Thus Julia Bourkes contention is correct that there is a noticeable shift from the original paradigm of flexibility and work life balance. Further to this employers as well as employees will also have to understand that working more than the body clock permits will lead to ultimate decline in the productivity ratio and hurt the bottom line badly. Working within decent hours will increase better performance and commitments. Moreover the global financial crisis 2008 has led to such an economic downturn that the countries are still reeling under its affects even after 8 long years. During such times also employers should continue facilitating the concept of work life balance by instead of cutting down there work force , they should look at finding ways and means of reducing other fixed costs. They should always be aware of the fact that human resource are the biggest assets an entity can possess and management of this force is one of the most vital functions of any organization. The entire business structure depends upon their productivity. References: Naithani, P., 2010, Recession and Work Life Balance Initiatives, The Romanian Economic Journal, vol. XIII , no.37, pp. 55-66 www.acas.org, 2015, Flexible working and work-life balance, viewed on 27th May 2016, https://www.acas.org.uk/media/pdf/j/m/Flexible-working-and-work-life-balance.pdf Government of South Australia, 2011, Work Life Balance in the Workplace, Flexible Work Arrangements, viewed on 27th May 2016, file:///C:/Users/E-ZONE/Downloads/Flexible_Work_Arrangement.pdf Shagvaliyeva, S., Yazdanifard, R., 2014, Impact of Flexible Working Hours on Work-Life Balance, American Journal of industrial and Business Management , vol. 4, pp. 20-23 Bourke, J., Russel, G., 2011, A new flexibility normal? The case for work redesign, viewed on 26th May 2016, https://www.dss.gov.au/our-responsibilities/women/publications-articles/general/a-new-flexibility-normal-the-case-for-work-redesign?HTML Circadian, 2016, 5 Negative Effects of High Overtime Levels, viewed on 26th May 2016, https://www.circadian.com/blog/item/22-5-negative-effects-of-high-overtime-levels.html#.V0fYf5F97IX Shah, S.S.H., Jaffari, A.R., Aziz, J., Ejaz, W., Ul-Haq, I., Raza, S.N., 2011, Workload and Performance of Employees, Interdisciplinary Journal of Contemporary Research in Business, vol. 3, no. 5 Sherwin,D.,2000, A review of overall models for maintenance management, Journal of Quality in Maintenance Engineering, Vol. 06, no 03. Huey, B.M., Wickens, C. D. ,1993, Workload transition. Implications for individual and team performance. National Academy Press: Washington DC Russell, H., McGinnity, F., 2011, Workplace Equality in the Recession? The Incidence and Impact of Equality Policies and Flexible Working, Brunswick Press Ltd: Dublin Hayman, J., 2009. Flexible work arrangements: exploring the linkages between perceived usability of flexible work schedules and work-life balance, Community, Work and Family, Vol. 12, No. 3, pp. 327338. Hausknecht, J.P., N.J. Hiller and R.J. Vance, 2008. Work unit absenteeism: effects of satisfaction, commitment, labour conditions and time, Academy of Management Journal, Vol. 51, No. 6, pp. 12231245. Chinchilla, N., Heras, M.L., Masuda, A.D., 2009, Balancing Work and Family: A Practical Guide to Help Organizations Meet the Global Workforce Challenge, HRD Press Inc, : Massachusetts Harris, M.M., 2007, Handbook of Research in International Human Resource Management , Oxford University Press: New York Joshi, S., Leichne, J., Melanson, K., Pruna, C., Sager, N., Story, C.J., Williams, K., 2002, Work Life Balance.... A Case of Social Responsibility or Competitive Advantage, Human Resource Dept. Dr. Parsons Georgia Institute of Technology Kodz, J., Davis, S., Lain, D., Strebler, M., Rick, J., Bates, P., Meager, N., 2003, Working Long Hours : a Review of the Evidence, Employment Relations Research Series ERRS16, Department of Trade and Industry Rose, S., 2008, The Economic Crisis and a New Pair of Flexibility Shoes, Viewed on 26th May 2016, https://workfamily.sas.upenn.edu/content/economic-crisis-and-new-pair-%E2%80%9Cflexibility%E2%80%9D-shoes Seo, J.W., 2011, Excessive Overtime , Workers and Productivity : Evidence and Implications for Better Work, Viewed on 26th May 2016, https://betterwork.org/global/wp-content/uploads/Discussion-Paper-Series-No-2-Excessive-Overtime-Workers-and-Productivity-Evidence-and-Implications-for-Better-Work.pdf Spurgeon, A. 2003. Working time: Its impact on safety and health, International Labour Office, Occupational Safety and Health Research Institute, Korea Occupational Safety and Health Agency. Shields, M. 1999. Long working hours and health, Health Reports., Vol. 11, No.2, pp. 33-48. Proctor, S. P.. 1996. Effect of overtime work on cognitive function in automotive workers, Scandinavian Journal of Work, Environment and Health, Vol. 22, pp. 124-132. Half, R., 2013, Work-Life Balance as part of an employee retention strategy, viewed on 26th May 2016, https://www.roberthalf.com/employers/hiring-advice/employee-retention/corporate-culture/work-life-balance

Persuasive Tap Water free essay sample

IV. I will be explaining first the problems of bottled water, next the possible solutions to drinking water, and finish with what you can do to drink the cleanest and most healthy water. Transition to point #1: First I will be speaking about the problems of bottled water. Body I. Luckily drinking water in our country is very clean, but there are still plenty of sources where it can become contaminated. A. Tap water is regulated by the EPA (Environmental Protection Agency) while bottled water is regulated by the FDA (Food and Drug Administration)— 1. This causes a huge issue because the same water we use for drinking has different regulations. 2. Unlike tap water regulations, bottled water companies are not required by the FDA to have certified lab tests on the water. Acording to EWG. com article Water by sara Sciammaco, retrieved may 2013 â€Å"The Environmental Working Group took a survey of 188 brands of bottled water . We will write a custom essay sample on Persuasive Tap Water or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page . . they found only two provided information about its product to consumers† a. So just because you see a water bottle with the name Dasani or Arrowhead on it you trust it? b. There’s plenty of facts out there stating that water in water bottles are barely regulated making it basically equivalent to tap water for a much larger price. B. Not only can some water bottles be unsanitary but also it negatively affects our environment. 1. According to Kimberly Amaral, a Marine Biologist, in an article called Plastics in our ocean, retrieved May 2013 â€Å"Plastic bottles produce up to 1. 5 million tons of plastic waste per year. Now someone could easily say we recycle all those water bottles. Well the EPA says over 80 percent of plastic bottles are simply thrown away. 2. But what is not known is how it can affect our health. Water bottles can liter our oceans and lakes, which affect animals within such as fish. a. Humans eat fish and might ingest a contaminated one that was affected by a water bottle. (Transition) There are plenty of problems with water bottles that directly effect our lives but we can take matters into our own hands which is what Iâ€⠄¢m going to talk about next II. As consumers of water we have a say in what we drink, so why not take action? A. Filtered Water 1. To avoid drinking bottled water its simple drink tap water! 2. If you think it’s unsanitary than invest in a water filter, which conveniently fit in your fridge. a. Not only do you save money but you also are drinking clean water. B. Personal Action 1. If you are really passionate about this subject then you can petition to make changes in your community. 2. FDA does not regulate water bottles too well so bring it up at a town hall meeting and try to raise awareness on how we can get more regulations on water bottles. 3. There is a simple alternative to bottled water: buy a stainless steel thermos. a. Thermos are kind of like coffee mugs but they can keep your water cold for a long period of time. . According to Crains Detroit business, in article titled about thermosphere, â€Å"thermo state plastic bottles will typically use 30% less material then regular packaging, reducing material cost and shipping weight. † c. Utilizing a thermo mug can eliminate the countless dollars you spend on water bottles, and greatly decreases the nega tive affect on our environment. (Transition) Finally with these possible solutions to this problem I am going to tell you exactly what you can do. III. The truth is tap water isn’t unsanitary at all. A. Water bottle industries try scaring us into believing that tap water is unsanitary. 1. Many people think there are harmful chemicals in tap water. 2. Some industries even use tap water in their bottled water. a. Do you really think public water fountains at parks use unsanitary water to quench our kids? B. By drinking tap water we can save so much money. What we do not realize is how staggering the amount of money really is that we spend 1. We spend two thousand times more for bottled water than tap 2. Fifty to one hundred billion dollars every year (Transition) With plenty of signs revealing that tap water is safer and more economically efficient it should be an easy choice to make a change. Conclusion To conclude my speech I would like to review my points one last time. I. First the problem of drinking water bottles can directly effect your health, second there are several solutions that can cure this problem, and finally I explained what exactly you have to do to avoid this problem. II. As a final note I would like to say that is very hard not to crack open a nice cold and refreshing water bottle of on a hot day. But I hope my information that I shared with you today allows you to give one more extra thought on what exactly is in that water bottle even though it has a trusted name brand.. Thank you. Works Cited 5 Reasons Not to Drink Bottled Water. MNN Mother Nature Network. N. p. , n. d. Web. 15 Apr. 2013. Audience Analysis, April 8, 2013, LAMC, Speech 101, Speech 0468. Marshlian, Tammy. La Mesa Reports Tainted Bottled Water on Campus. SCV Signal. N. p. , n. d. Web. 15 Apr. 2013. Amaral, Kimberly. Plastics in Our Oceans. Plastics in Our Oceans. N. p. , n. d. Web. 19 May 2013. Sciammaco, Sara. Water. Environmental Working Group. N. p. , n. d. Web. 18 May 2013. ABOUT THERMOSHAPE. Crains Detroit Business [serial online]. May 16, 2011;27(20):0017. Available from: MasterFILE Premier, Ipswich, MA. Accessed May 22, 2013.

Free Essays on Must You Judge Me By My Gender And Race

, the young African American male was looked at as someone he wasn’t just because of his style of dressing, his race, and his gender. In relation to Black Men and Public Space, many black males could relate through several public places. For example, an African American male is driving in his brand new, hard owned Jaguar through his predominately white ascendant neighborhood, and is pulled over by a disrespectful white policeman for no apparent reason. As the officer walks over to the car, he asks the black man to see his license and registration, walks back to his squad car and checks out all the paper work. As the policeman walks back to the Jaguar and hands the papers back, he okays the male to leave. However, just before the black man drives off, he asks, "Officer, why did you pull me over?" The officer states, "Just to check your tags and make sure the car wasn’t stolen." Do you think the policeman would have stopped the driver of the Jaguar if the driver was riding through the same neighborhood, but happened to be of White or Asian descent? Another similarity is how young African American males are primarily assumed to always be doing wrong or stealing from public places. Whenever a black male walks into a store or shopping center it always seems like ... Free Essays on Must You Judge Me By My Gender And Race Free Essays on Must You Judge Me By My Gender And Race Must You Judge Me by My Gender and Race In today’s society many African American males have been pre-judged just because of their ethnic background. Due to many rapes, robberies, and murders acclaimed by the majority of black males, many figure that all African American males partake in these activities. Looks can be deceiving and no one man should be pre-judged by his race nor his gender. In a short essay entitled Black Men and Public Space, there was a male character of black descent who was falsely incriminated of being a mugger, a rapist, and worse just because he was walking down a dark street accompanying a white female who was alone. In other words, the young African American male was looked at as someone he wasn’t just because of his style of dressing, his race, and his gender. In relation to Black Men and Public Space, many black males could relate through several public places. For example, an African American male is driving in his brand new, hard owned Jaguar through his predominately white ascendant neighborhood, and is pulled over by a disrespectful white policeman for no apparent reason. As the officer walks over to the car, he asks the black man to see his license and registration, walks back to his squad car and checks out all the paper work. As the policeman walks back to the Jaguar and hands the papers back, he okays the male to leave. However, just before the black man drives off, he asks, "Officer, why did you pull me over?" The officer states, "Just to check your tags and make sure the car wasn’t stolen." Do you think the policeman would have stopped the driver of the Jaguar if the driver was riding through the same neighborhood, but happened to be of White or Asian descent? Another similarity is how young African American males are primarily assumed to always be doing wrong or stealing from public places. Whenever a black male walks into a store or shopping center it always seems like ...

The Four Ps of proposal writing - Emphasis

The Four Ps of proposal writing The Four Ps of proposal writing People who have the gift of being able to write a persuasive proposal tend to go a long way, regardless of whether theyre in sales or the Civil Service. Yet far from being a dark art, the skill of effective proposal writing is something you can teach yourself.  In fact, theres one formula that can bring you success time and time again. We call it the Four Ps. Position This is where you should start. Establish where the client or reader is at this moment. Your proposal might well be read by several different decision-makers – at different levels – in the organisation, but this will be the one thing that has everyone in consensus from the outset. In sales, don’t begin with a long-winded introduction to your company: you’ll make a much better impression by showing you’ve taken the time and interest to get to know your prospective client. Problem Despite the name, this could be a negative or a positive. There may be a problem to address, or the opportunity of a lifetime could be in sight. All it means is making it clear that a change must be made. Salespeople: again, the focus is on them, not you – their needs, not your product. Make it clear you understand those needs, using facts and figures as appropriate. Possibilities Here you can cover all the potential routes, including taking no action, with pros and cons for each. Don’t try to gloss over any possible downsides: it could look like they haven’t occurred to you. Rise above trashing competitors by name, though you can argue the flaws of their ideas – if you know them. If there’s only one option, you won’t need this section. Proposal This is your recommended route, with your reasons for it. Be succinct and specific. Make it very clear how your proposal relates to what the client or reader has asked for. They should be left with no doubts about why they should go with you, why they should do it now and what they need to do next. Ok, so we can’t completely guarantee you a win every time. But this is always the best p-p-p-place to start. For more help perfecting your proposal writing, why not arrange an  in-house bid, tender and sales-proposal writing course for your team, or book a spot on one of our bid-writing courses for individuals?

A French Joint Venture Essay Example | Topics and Well Written Essays - 2750 words

A French Joint Venture - Essay Example well, French construction materials company restructured the loss-making state-owned Huaibei Mining Company (HMC) by entering into the joint venture in 1994 and turned the company as profit making company in 1999 by implementing various structural reforms in labor, production, technology, and marketing.(Goodall 103). Entering into joint venture will help to acquire innovative know-how and skills. When China opened its market in 1978, it has become most attractive land for foreign direct investment (FDI) in the whole globe. It is to be observed that three-fourths of FDI attracted by China took the shape of Joint ventures (JV’s). JV offers distinct advantages like reduction in costs. A foreign JV partner may offer capital by way of cash, technology, machinery, know-how whereas the Chinese partner may offer factory land, building, skilled workers, and machinery. Collaborating a joint venture with the state-owned enterprises (SOE’s) in China frequently has raised issues for foreign companies as SOE’s are the distinct form of business entity with a diverse cultural setting. There is less freedom for foreign investors in JV’s as foreign partners have to operate in co-operation with the local SOE’s. By opening the doors for foreign investors, China is transforming to market economy from the centrally planned economy or government controlled economy. Earlier in the joint venture, the HMC Management had failed to keep its promise of granting financial rewards for good performance by employees. As the result, employees lost their faith in the management. HMC HR function was found to be disassociated from business goals and acted only as policemen or administrative function. (Goodall 105). As such, in JV, Lafarge encountered higher extent of complexity due to socio-economic, cultural, political and institutional divergence involved.

Introduction to Marketing Essay Example | Topics and Well Written Essays - 500 words

Introduction to Marketing - Essay Example To support this idea, in a 2006 article entitled A Look at the New Marketing Landscape, a study conducted by GlobalSpec revealed that there is a potential increase in online marketing spending (n.p.). In U.S. industrial and manufacturing sectors alone, there were 56 percent of these communities who have already signalled their intention to do so, while 7 percent plan to reduce marketing spending (A Look at the New Marketing Landscape, n.p.). As such, in Lee Traupel's The New Marketing Landscape, he named some emerging marketing patterns used to advertise businesses online such as "opt-in email campaigns, webcasts, search engine optimization and marketing, as well as portal site media and newsletter sponsorships" (n.p.). The use of these patterns is necessary to maintain business success since there are tons of companies online, where a lot of them offer the same products and seek the same audience (Ezilon.com, 2006, n.p.). Not all companies use the same marketing strategies though. Depending on their needs, businesses choose only those that are more appropriate to them. In the case of opt-in email campaigns, Dr Dave Chaffey asserts that its use has become ordinary for businesses because of its worldwide usage.

Activities of the Ku Klux Klan Essay Example for Free

Activities of the Ku Klux Klan Essay With the Civil War over and tensions still high between the south and the north; the country saw a rise in violence against African Americans. Those in the south still didn’t believe blacks rated the same as them. In this paper I will discuss the rise of the Ku Klux Klan, the activities the Klan participated in, and the eventual fall of the Klan. After the Civil war ended many southerners still had the belief that the Blacks were not equal and should not be put in the same class or jobs as white men and women. With tensions rising violence began to break out and Blacks were the main target as well as anyone that was assisting the Black community. On December 24th, 1865 six confederate veterans got together and formed the first Klan. To historians the Klan was formed as a post Civil war insurgent rise that was fighting against the dramatically changing social situation our country was facing. The Klan used public violence against blacks as intimidation; attempting to keep them out of jobs and off the land that whites believed they did not and should not own. To the Klan Blacks were a inferior race and should stay that way; working for whites as a labor force. As the years went by the Klan attempted to create a hierarchy with the various chapters in the south, however the plan failed and the various chapters went on to terrorize their areas and settle feuds that were boiling. During the time of the Klan, the members acted in many differing activities. The Klan choose to ride at night and use the darkness as their ally as they terrorized the black community. When they would ride at night they often dawned white masks to mask their identity from the community, mainly for the simply reason that the members of the Klan were often high ranking officials of the military or of the community. When the Klan would ride they often targeted black political leaders as well as heads of the families, along with the leaders of the churches, and community groups because these men and women were a icon in the community. The Klan was also against blacks voting, in a matter of weeks that Klan had killed or wounded over two-thousand black voters in Louisiana before the Presidential election of 1868. By 1868, just 2 years after the creation of the Klan its activities began to fade and die down. In 1870 the government stated that the Klan was an organized terrorist group and began to indict members of the Klan. A reporter in Georgia wrote in January 1870, A true statement of the case is not that the Ku Klux are an organized band of licensed criminals, but that men who commit crimes call themselves Ku Klux.† (1) As the Klan decreased its unpopularity also shot down, in 1870 the Klan was destroyed in South Carolina and discriminated against in the rest of the south. In 1872 the Klan was completely disbanded and didn’t come back till 1915. In conclusion, the Klan was a group of men and some women that still held the beliefs that the black community was underneath the whites. They did not see them as equals and did not agree with what the north was trying to do after the Civil war. In the beginning the Klan was strong and had nearly 550,000 members that terrorized the south, but the lack of leadership and differing views ultimately led to their demise and eventual destruction of the Klan.

Beauty Essay -- essays research papers

â€Å"Beauty is in the eye of the beholder† I agree that beauty lies in the eye of the beholder because beauty comes from within your soul. People have different ideas and tastes, so ideas on what is beautiful vary from person to person. This is proven when you look around in the world which we all share. There are countless ways in which beauty is shown to us all. It could be in nature, like the waterfalls or the sunset or even a hurricane; some people may think that it’s exotic to see the skies fierce and dark. It all depends on who you are and what you believe in. For example, imagine a girl and a guy sitting on a dock by the sea, their hands entwined with each other but they are both looking in different directions. The girl is staring straight ahead watching the sunset. In her eyes it’s one of the most beautiful moments in the world. The guy, however, is looking at the girls’ face while she is in awe by the sight before her eyes. Her skin is as soft as silk, her lips full and tender and her vibrant red hair is dancing gently with the wind. In his eyes she is the most beautiful sight in the world. Beauty could also be found in everyday objects. It could be the car one owns, or the pool in ones backyard, or even the quilts in a bedroom. For example imagine a husband and wife cleaning their attic. They go through all their old stuff to decide what to keep and what should be thrown away. The wife stumbles upon an antique plate; it’s full of cracks and the colors have faded ...

Covering Letter for Acca Course

August 21, 9999 XYZ University International Admissions Office XYZ Street, London, UK Dear Sir/Madam: I am a senior consultant at Alpha Beta Pvt Ltd. , and would like to pursue ACCA course at XYZ University. I am very much interested to make a career in the field of Accounting and Finance which has always intrigued me on the magic of numbers and their impact on business and society at large. And I found that my interest lies in Accounting/Assurance, where I can best use my numeracy and analytical skills.I would like to pursue my further education in Accounting with a global qualification as ACCA which would provide me an excellent start in core accountancy skills there by helping me build a successful career in finance. Also the work experience, I gained in Human Resources in management level would put me in a superior position to better comprehend some of the management level papers of ACCA course. After all my research on where to study for ACCA, I found XYZ University to be the be st place to study and prepare for an ACCA global qualification.I am excited about XYZ’s world class teaching commitment towards accounting for which it has been known for many years and I am keenly looking forward to be a part of XYZ. At 10+2 level, my concentration was in Maths, Physics and Chemistry, which has strengthened my analytic skills. And my work experience all these years in Operations and Human Resources has broadened my understanding of the economics of business growth and development. And my work experience with Alpha Beta and Sigma Omega over the last four years gave me the experience and confidence to work in a dynamic, fast-paced organization where learning uickly and attention to details are instrumental to success. As a member of the recruitment operations, I had chance to interact with senior management from global firms like Invesco Ltd, Franklin Templeton, Cognizant Technology Solutions and Capgemini which has further aided my business understanding. And acquiring global financial qualification like ACCA would surely help in enhancing my finance and business understanding along with my analytical skills using which I can make a mark for myself with the support and guidance from XYZ.In order to gain hands on basics in Accounting before I start ACCA course with BPP, I have registered myself with The Institute of Chartered Accountants of India (ICAI) which is the awarding body for Chartered Accountants in India, with which I am studying Fundamentals of Accounting along with General Economics, Mercantile Law and Quantitative Aptitude. Thank you for your consideration. I very much look forward to the opportunity to get trained for my ACCA qualification by XYZ. Sincerely, ABC GYC

Concept Application Project Essay

Throughout the semester I have explored many topics in sociology. While exploring these topics, three main theoretical perspectives were used. I will briefly illustrate each of the main theoretical perspectives of functionalism, conflict theory, and symbolic Interactionism. During this semester I have watched two films, Food Incorporated and The Vernon Johns Story. I will describe how a theoretical perspective is used in each of these examples. Then I will provide my own two examples where concepts and theoretical perspectives can be illustrated. My First example is the Boston Marathon Bombings and the second is the Mass Media’s coverage of the Boston Bombings. The Functionalist Perspective is a sociological perspective that emphasizes each part of society contributing to the survival of that society. In Sociology in Modules, they define the functionalists perspective as, â€Å"A sociological approach that emphasizes the way in which the parts of a society are structured to maintain its stability (Schaefer 15). Read more:  Conflict Perspective on Social Media † The functionalist perspective can be compared to the human body model. Each part of the body performs specific tasks. For example, our legs allow us to walk or run and our lungs allow us to breathe. Without each and every body part, one simply cannot perform to the maximum potential. Now when a functionalist is looking at a society, they may see different social groups that contribute to a larger population. The Conflict Perspective is a sociological perspective that views the world as a constant struggle. In our textbook, Sociology in Modules, they define the conflict perspective as, â€Å"A sociological approach that assumes that social behavior is best understood in terms of tension between groups over power or the allocation of resources, including housing, money, access to services, and political representation (Schaefer 15). † There are many areas where conflict can arise in today’s society. Religious groups, political parties, and different social classes, may all have conflicting views with other or opposite groups. Examples of the conflict perspective include means of production versus labor and the concentration of wealth. In recent history, the conflict perspective is becoming more popular. With, â€Å"The widespread social unrest resulting from battles over civil rights, bitter divisions over the war in Vietnam, the rise of the feminist and gay liberation movements, the Watergate political scandal, urban riots, and confrontations at abortion clinics have offered support for the conflict approach (Schaefer 16). † Groups in society with different viewpoints often pose a great threat to conflicting parties. The Interactionist Perspective is the third main sociological perspective where the traditional way of thinking comes from typical human interaction between groups. Sociology in Modules defines the interactionist perspective as, â€Å"generalizations about everyday forms of social interaction in order to explain society as a whole (Schaefer 17). † The interactionist perspective is also know as symbolic interactionism. I believe it is much easier to look at it from a symbolic interactionism perspective because symbols are easier to understand. From a symbolic interactionist perspective, one may see the world we live in as full of objects. These objects can come on the form of people, places, things, thoughts, feelings, or symbols. Symbolic interactionism looks at these symbols to characterize groups by their symbol. Each symbol may be different. For example, a symbol could be the type of color of car you drive, what you wear to work or school everyday, or even tattoos. Groups in society are often characterized by their symbols. These symbols allow people with similar symbols to communicate with ease. Food Incorporated is a documentary film that portrays the corporate farming industry in the United States as unhealthy, harmful, abusive, and inhumane. Food Inc. the movie really gave me something to think about, it only reinforced my beliefs to eat healthy and support organic and free-range grass fed meats. The most meaningful thing to me was when one of the contributors said the corporate farming industry only wants to grow their products â€Å"bigger, fatter, cheaper, faster†. This agribusiness in only in it for the sake of business and they don’t see the other side. On the other side there are these products that are being mass-produced in factory farms. This seemingly only affects the lower class Americans who can only afford the cheapest of food products at the super market. From a financial standpoint, it only makes sense that people are forced to consume such low quality products at their demise. As the conflict theory would describe it, this is a constant struggle between the producer and the consumer. The producers are producing animal products in close quarter factory farms and feeding them corn, which is not a naturally occurring meal. Specifically cattle and chickens are given hormone shots to make them grown bigger, fatter, and faster. These farms do not treat the animals well at all. The animals live in horrible conditions, often times in their own manure. This causes disease to reach to food that eventually people eat. There are cases that come up all the time where products need to be pulled from the shelves in stores because of contaminated foods. The Vernon John’s story is a true story turned into a movie that portrays a Minister, Vernon John, who leads the African Americans in the fight for civil rights. This film demonstrated the development of social change in the south. First, the blacks do not measure up to the whites in social class. They often held position in social that were not important of looked down upon. For example, the position that Vernon John holds is viewed as a conflict by white law enforcement officials. During the early 1900s, Black Americans were being segregated from society. Secondly, During this time, African Americans were not recognized by society as having any value other than slavery. Race and ethnicity played a large role in society during this time. African American Racial groups formed and they were discriminated against. Vernon John is a leader of social change. He stepped up and faced the danger in speaking his views. The movie illustrates two great examples of hate crime in the 1920s. The first is when Vernon John was driving in his car late at night to bring a girl who had been raped to the hospital. The white policemen pulled Vernon John over and just antagonized him for no reason. Another example is when part of Vernon John’s church was set on fire. This was obviously planned by the white Americans out of hatred for Vernon Johns following and community. The blacks were heavily being discriminated against. Third, the government used force and power to exercise their will against Vernon John and the Black Americans. The movie demonstrates a great example of what goes on in society today. Although the United States may not be going through the exact same situation of discrimination as the 1900s, we are still facing sorts of discrimination and hate crimes today. Which leads me into my next example, the recent Boston Marathon bombings. The Boston Marathon bombings is an alleged terrorist attack that happened during the finish of the 2013 Boston Marathon. On April 15th, 2013, two Muslim brothers from Massachusetts detonated two explosives near the finish line of the Marathon, killing three people and injuring more than 200 people. The 2013 Boston Marathon Bombings display the conflict some people have with society. I am not in the head of the bombers or the investigators so I am only speaking from an outside perspective. With that being said, I cannot imagine what they were thinking when setting off these two explosions in front of thousands of people. From the suspects point of view, they must have seen the world from a conflict perspective. They must have believed that they didn’t fit into society. In a Wall Street Journal article, one suspect claims â€Å"he and his brother were angry about the U. S. wars in Afghanistan and Iraq and the killing of Muslims there† (Authorities Say Bomb Suspects Planned NYC Attack). My only guess is that their hatred for the United States is so fierce that they concluded in carrying out these horrible acts. It appears that other groups from over seas heavily influenced the suspects. This is just one example of how government, religion, and cultural differences can become conflicting in society. The mass media can influence the coverage of any story by the time it reaches the public. The mass media is defined by Sociology in Modules as, â€Å"print and electronic means of communication that carries messages to widespread audiences† (Schaefer 153). The leverage they have is huge in what information/sources they have and what they release. In the coverage of the Boston Bombings, the media helped the public understand of what precautions they should take around the threatened area. The media also helped people from across the country understand what was happening in Boston. In this case, I believe the media did a good job in providing accurate information to the public. However, this is not always the case. The conflict view states that gatekeeping can control what information reaches the public. For example the media can choose on which pieces of news to report on, leaving out specifics that could totally twist the story. They can also choose which sources they want to use which may also have an affect on the outcome of the story. Not all social classes have access to certain news sources. Many sources are behind a pay wall, which prohibits some potential viewers from accessing the information. The functionalist view would say that the mass media plays a role in society that keeps it moving forward. Sociology in Modules says, â€Å"the mass media is to occupy our leisure time—from newspaper comics and crossword puzzles to the latest music releases on the Internet. While that is true, the media have other important functions. They also socialize us, enforce social norms, confer status, and promote consumption† (Schaefer 154). This is all very true and it reinforces our viewpoints of the media. Overall, multiple theoretical perspectives can portray the mass media. Indeed, concepts and theoretical perspectives learned in class are used to illustrate events in society today. First, the example of the Vernon John’s story gives one the ability to see the upbringing of social change through the civil rights movement. The second example of the Food Inc. production is one that produces for profit without taking into consideration all the ethical and health needs of American citizens. Third, my example of the Boston Marathon Bombings illustrates conflict and hates crimes in our culture today. Lastly. The mass media acts as an agent between information and the public through print and electronic versions. The conflict and functionalists theoretical perspectives can be used to analyze the mass media. Therefore, social concepts and theoretical perspectives are used throughout the society we live in today. ? Works Cited â€Å"Authorities Say Bomb Suspects Planned NYC Attack. † WSJ. com. Associated Press, 26 Apr. 2013. Web. 26 Apr. 2013. Food, Inc. Dir. Robert Kenner. Movie One, 2008. DVD. Schaefer, Richard T. Sociology In Modules. New York: McGraw-Hill, 2011. McGrawHills Connect. Web. 4 Apr. 2013. The Vernon Johns Story. Dir. Kenneth Fink. 1994. DVD.

A List of Typical Special Ed. Accommodations

A List of Typical Special Ed. Accommodations Individualized accommodations are put in place to help learners at risk and students with special needs to have success in their IEP or academic program. Typically, accommodations are listed in the students IEP. Here is a list of suggestions for accommodations for a variety of disabilities: Try cross  ability grouping. Create a group of typical peers who can support the student with the special education.  Provide photocopied notes (or a study guide) to eliminate the students with IEPs frustration and difficulty with hand-eye coordination, requiring copying from the board.  Make use of Graphic Organizers.Provide organization tips and meet with parents to show them how to use the strategies to support their students at home.Simplify and declutter.  If your classroom is cluttered, it creates distractions that create barriers to students success.  They find disorienting.  So, declutter and help students keep their work areas or desks organized.  Provide time management tips and skills. Sometimes it helps to have sticky notes on the students desk to remind the student of how much time they have to complete tasks.Tracking sheets. Provide a tracking sheet of agenda where students will write expected assignments for the week/day.Keep lessons concrete. Use visual and concrete materials as much as possible. Use assistive technology when available.Find students buddies and model for them how to support the student with disabilities without over functioning for the student.  Keep instructions and directions chunked. Provide one step at a time, dont overload the student on too many pieces of information at once.Color code items. For instance, put some red tape on a math textbook along with red tape on the math notebook. Color code items that help the child with organization tips and that provide information about what is needed.Make sure there are visual clues around the room to prompt appropriate behavior and academic activities.  Provide extra time for the processing of information.Larger size font is sometimes helpful.Provide auditory supports to limit the amount of text the student is required to read.  Give repetition and clarification regularly.Provide close proximity to the teacher.Seat the child away from distractions whenever possible. Think critically about seating arrangem ents.Provide reminders on the desk - taped 100s charts, number lines, vocabulary lists, word bank lists taped alphabets for printing or writing etc. Provide a study carrel or alternate place to work for specific tasks.Provide scribing or a peer for scribing when necessary or utilize the speech to text software applications.Give ongoing feedback.Pay close attention to lighting, sometimes preferential lighting can make a world of difference.Provide a chillax area, a quiet location to enable the student to chill out or relax.Provide headphones to remove extraneous noises.Let the child provide oral responses instead of written where appropriate to demonstrate an understanding of the concept.Provide time extensions as necessary. Be selective when determining the accommodations that will best help the student. If the accommodations dont work after a specified period of time, try something else. Remember, the IEP is a working document and its success will depend on how closely the contents are implemented, monitored and revised to meet the students needs.

Best banking choices for students

Best banking choices for students Important facts for students to select a bank Nowadays it is so great that we have such diverse choice of banks. The banking system and variety of options offer students a lot of possibilities that provide financial freedom. But the questions of that sort should be treated very carefully, since only one wrong step can result in big debts or higher interests. While making choice, one should work out his/her own strategy and think over what bank and what exactly options required. Of course, there are a lot of bank institutions, but you should identify those, which have the most favorable offers for you as a student. They have different options for various targeted groups, filtrate carefully those, which can be of your concern. Short term overdrafts to pay for your custom essays or long term cooperation with setting up a deposit account: decide what you need. We provide for you some other factors you should take into account, before getting involved into financial cooperation. Consider suggestions and free options carefully Attracted by favorable free options of some banks? Of course, they know what they are doing. But do not get trapped! Free short lasting suggestions soon end and you can be faced with less profitable variants of financial service. Thus, having made certain sum of money, you can be looking for the suitable circumstances of saving account opening. Do not forget to monitor the interest rate you will earn within certain period at several banking houses and select that one, which will bring you the biggest profit. Do not fall for free MP3 downloads or few-days free Wi-Fi options if you lose in the interest rate. That is not worth it. Overdraft: amount, limit and interest. Most likely reason people partner with bank is for sure overdraft. Find out what is the maximally possible amount of overdraft, which you can receive as a student. Also ask about the necessity of exceeding limit and the interest it results in. Discover all details and consider all facts. Thus, there are a lot of banks, which offer interest-free overdrafts for students for couple of years and it is really great opportunity for you. One more thing you should bear in mind is that banks will not certainly provide you with the maximal announced sum of the overdraft. Most often it is available only for students of the final year, who have eligible credit rating. So if they say that the maximal possible overdraft is up to  £2,000, there is no guarantee that you will obtain this sum. The repayment procedure It is great if you manage to return the overdraft in time within the interest-free period. But the time spins away and one day you can discover that you are obliged to pay interest charges. That is why before taking overdraft consider all details of the repayment procedure. You should know the exact date when you should return the money and confirm if it should be during the university studies or is supposed to be after graduation. Find out all the details for all the possible scenarios of this financial situation, so that you can be sure that you will be in an advantageous position in any case. Gain the credit rating Starting with small overdrafts, step by step you develop and elaborate your relationships with bank. Such kinds of relationships and partnering result in credit rating. Credit rating is an estimate of your income, borrowed amount and spending history. It is a score, which you receive from bank from the point of view of risk and your financial eligibility. Having trustworthy credit rating you can receive the bigger overdraft amount or gain other favorable options. Think, learn and make your choice being very attentive or even pedantic. We know that this is not much likely for students to give much attention to such boring questions, but the financial concerns are those which definitely should not be neglected.

Dax's Case Research Paper Example | Topics and Well Written Essays - 1250 words

Dax's Case - Research Paper Example In the meantime, all efforts to keep him alive must be done, even if these methods were against Dax’s will and even if these methods caused him considerable pain and suffering (Burns, 2005). In understanding Ada’s position, the normative ethics is the most appropriate theory which can be used. Normative ethics â€Å"is devoted to identifying the conditions under which actions are morally right, or motives and intentions are morally good† (Shafer-Landau and Cuneo, 2007, p. 1). It is concerned with a person’s actions being morally right and good. In the case of Ada, she believed that it was morally right and proper to keep Dax alive for him to fulfill his duties to God. Normative ethics is focused on identifying the conditions where actions are deemed right, and motives are deemed wrong (Shafer-Landau and Cuneo, 2007). In this case, Ada’s actions are deemed right because they are focused on God’s will and on saving a person’s life; and Dax’s insistence on giving up his life is deemed wrong because they violate God’s will and are focused on robbing a person of his life. Ada’s actions are therefore – base d on her point of view – morally right and protected by God. Cowart’s friend and attorney, Rex Houston became his decision-maker when he became physically incapacitated. Houston wanted to keep Dax alive because of the lawsuit filed he filed against the oil company; and there was no financial benefits for Dax if he died (Burns, 2005). Houston was able to gain financial benefits from the oil company and these proceeds were used to pay for Dax’s medical and legal responsibilities. The teleological theory can be used in order to justify Houston’s actions. Teleological is derived from the Greek word â€Å"telos† which means â€Å"ends† (Wittjen, 2003). This theory considers, more than anything else, the end goals of certain actions, or in some instances, the consequences of one’s actions. For Houston,

Research Methods Profoilio Exercise Assignment Example | Topics and Well Written Essays - 5500 words

Research Methods Profoilio Exercise - Assignment Example intains and energizes employees to carry out their tasks effectively but it may not capitalize their full potential if they are not motivated through praise and recognition. The satisfaction level and commitment levels tend to get decreased if an individual is not encouraged, praised or given incentives at regular intervals. Research indicates that Employees are seen leaving the companies not because of less pay but because they feel unmotivated at work (Lutchman, 2008, p.46). This relationship between the two is still unexplored. Thus, it is essential to document and identify the underlying reasons for resignations and terminations taking part in organizations. The number of employees leaving the organization due to lack of motivation is growing tremendously, and this requires scrutiny. Though, there are many factors that have an impact on employee turnover, but motivation is a vital element for success. Its absence can have an adverse impact on the employee and its presence increases the quality of work and makes them more committed to performing their task. Hence, this problem was chosen because it would generate an understanding of individual’s needs that encourages them to carry good practices in the organizations (Lutchman, 2008). At BSc Level, this problem is suitable for study as it is related to a psychological perspective and is related to Human Resources, which is my existing field of subject. The relationship between motivation and turnover is seen ignored by Human Resource Professionals as most of the firms are work oriented and are inclined to maximize productivity by utilizing resources of an organization. As motivation is goal directed so it can be said that the professional standpoint would help me undermine my future value for any company, I plan to work. In other words, it can be said that this relationship between motivation and turnover is a critical element for success so it shall allow ascertain substantial levels of motivational

Discussion Essay Example | Topics and Well Written Essays - 250 words - 94

Discussion - Essay Example otivation theory however elaborates on the behavior of individuals who are exposed to health threat communication hence arousing fear in them (Orbell, Hagger, Brown & Tidy, 2006). The health belief model focuses on perceived barriers and benefits whereas the protection motivation model has its core values on response efficacy and perceived self-efficacy. The two theories share on vulnerability and severity (Ajzen, 2002). Self-efficacy theory is built on outcome expectancies which are perceived as either positive or negative depending on the performed behavior. On the other hand, the theory of planned behavior works under the assumption that most social relevant behaviors are volitionally controlled. Hence, an individual’s intent on performing a particular behavior is seen as the immediate determinant as well as the only and best predictor of the behavior (Hunter, Grunfield & Ramirez, 2003). The health belief model and the protection motivation theory share the same concepts on perceived vulnerability and severity. This level of overlapping is sometimes criticized since it causes defining of these models challenging (Orbell, Hagger, Brown & Tidy, 2006). Hunter, M. S., Grunfield, E. A., & Ramirez, A. J. (2003). Help-seeking intentions for breast cancer symptoms: A comparison of the selfregulation model and the theory of planned behavior. British Journal of Health Psychology, 8, 319–333. Orbell, S., Hagger, M., Brown, V., & Tidy, J. (2006). Comparing Two Theories of Health Behavior: A Prospective Study of Noncompletion of Treatment following Cervical Cancer Screening.Health Psychology, 25(5),

Analysis of Mittal’s Acquisition of Arcelor

Analysis of Mittal’s Acquisition of Arcelor 1.0 Executive Summary This examination of the merger of Arcelor and Mittal in the steel industry will examine the success and or shortcomings of this major deal that has created an industry leader that is considerably larger that its nearest competitor. In examination the merger, this study looks at the steel industry from the perspectives of historical underpinnings and ramifications, pricing, laws, monopolies, emerging markets, mature markets, new areas for exploration, as well as the resulting post merger effects of this union. To achieve the foregoing, this study has organised the foregoing into a comprehensive literature review that will delve into the indicated areas, following this with a findings and analysis section to equate the preceding. The organisational method has been selected to inform as well as guide one through the industry and the merger process to result in a clear understanding of the important and salient points that impacted the merger process, and its resultant effects on the industry. The conclusion brings forth the summary of all of the sections that preceded it to equate the results and potential areas for additional study owing to the newness of this union. The bold move by Mittal in acquiring a company if its same size and then moving forward as a unified new entity marks a new period in the steel industry worthy of examination as an history making event. 2.0 Introduction The purpose of this investigation is to delve into an understanding of the steel industry as the means to reach a determination as to the potential benefits and ramifications of the ArcelorMittal merger that is just about a year old. As such there is little in the way of case studies, and or historical data to equate the effect of the merger, this examination shall utilise historical as well as current information to understand the steel sector and thus draw deductions on the effectiveness of the merger in terms of competition, the industry and economic ramifications. The research question thus stems from the examination of the Mittal Steel and Arcelor merger, and how it developed, along with the advantages as well as disadvantages of the process in terms of the two companies. The Research Objective is to determine if the merger made ArcelorMittal a market leader in a highly competitive market, and the manner via which this was accomplished as well as if the foregoing brought about new opportunities, and or projects in terms of real ones, and or potentials for the future. The research hypothesis represents equating the impact of the Arcelor Mittal merger in terms of the industry dynamics in pricing, market positioning, competitive advantages, or other areas as uncovered by research to prove or disprove the basis for the merger as a sound proposition in the face of the preceding. To achieve the foregoing, this study shall look at the steel industry objectively through extensive research into its importance with regard to economics, trade, pricing within the industry, applicable laws, monopolies, the importance of emerging markets that might have weighed on the decision to seek a merger, the importance and or considerations of mature markets, and new locations of exploration and or supply. The approach to equating the foregoing was to conduct and extensive review of literature on the aforementioned points to provide a comprehensive view of the steel industry, where is has been, presently is, and is going. The preceding will provide a reference point to try to determine what the executives of Mittal saw in reaching the decision to attempt the Arcelor acquisition. That insight, their decision process to seek the acquisition of Arcelor, was based upon the company’s intimate knowledge and understanding of the steel sector, and a plan to capitalise on those developments based upon the projected future occurrences in the market. Donaldson and Lorsch (1983, p. 112) tell us that in strategic decision making executives must consider that: â€Å"Under certain circumstances, the firms real economic and financial constraints perpetuate stability in the financial goals system that is central to corporate strategy. The first such circumstance occurs when the composition and objectives of managements three primary constituencies remain constant over time. If the existing financial goals system truly represents a balanced response to each constituencys minimum acceptable requirements for continued participation in the enterprise, then external pressure for change is not likely to develop in the absence of some fundamental change in the constituencies themselves.† The decision to seek an acquisition as a means to growth represents a process that a company decided upon long before taking such an action. Wall and Wall (2000, p. 39) observe that â€Å"Companies that are using acquisitions as a strategic lever are rarely making only a single deal; acquisitions are ongoing and often overlapping, with several happening at once and more to come†. Mueller (2000, p. 57) states that most acquired companies were and are usually healthy strong firms in their own right that add some underlying competitive advantage in the face of market realities. He goes on to add that the rationales can be economies of scale, to obtain a more dominant market position, to gain access to markets, to stave off competition, to limit merger options of rival firms as well as a strategy for growth. Mueller (2003, p. 82) adds: â€Å"A company faced with a slow-growing or declining market has two choices for avoiding stagnation and decline: it can expand its share of this market, or diversify into new ones. Growth can be sustained indefinitely only through diversification. Thus, we expect the maturing company to resort to internal diversification by developing new products and/or external diversification through mergers. Even in a steady-state world, a company must (continually) diversify to sustain a growth rate above that of its company’s market.† Wall and Wall (20000, p. 39) add â€Å"†¦he most successful acquirers have developed a clear, logical, and replicable approach that they use to manage the entire process from initiation of the deal to the ongoing and longer-term development of the new organization post integration†. There is an integration process that accompanies every merger, where the rationales for preceding are thus put to the realities of the finalised merger process. This is where the decision to merge answers the questions, and or solves the issues that brought about the process in the first place. This study shall seek to equate the foregoing in the case of ArcelorMittal. 3.0 Literature Review This review of literature shall examine what has been written about the topical areas that are covered herein to gain a picture of the overall steel industry, the merger of ArcelorMittal, and the market factors inherent in the sector. The preceding shall seek to uncover the questions as posed the research objectives and find the answers to the research hypothesis 3.1 The Steel Industry Steel is the material that is the economic backbone of global economies, representing the prime material in building, infrastructure projects, refineries, vehicles, industrial as well as consumer goods. The recent emergence of new global players that have significantly increased their production and export capacities and thus has harkened a change in the international structuring of the industry whereby consolidation has become a critical component in competitiveness (D’Costa, 1999, pp. 11-12). China’s application and accession to the World Trade Organization has had major implications in terms of the global market as a result of the country’s modernisation programmes, cheap labour supply and interest in becoming a significant part of global production and export (ChinaDaily.com, 2007). The foregoing only adds to the rounds of consolidation in an industry where economies of scale in terms of raw materials as well as production are key foundational factors in a hi ghly competitive sector (Mangum et al, 1996, pp. 2-6). The above factors are important background aspects in the context of this study in that it is providing insight as to the status of the market. The aforementioned consolidation has been basically built upon the rounds of joint ventures that the industry seriously embarked upon during the mid 1980s in response to the need to tap emerging markets as well as areas of exploration for raw materials (Mangum et al, 1996, pp. 11-14). Steel, along with oil and uranium and a few other raw materials, represent concerted efforts and concerns by national governments and their important industry producers to ensure domestic strength in these sectors is maintained, owing to their importance in their economies (Visclosky, 1999). Restructuring within the steel industry is described by D’Costa (1999, p. 11) as â€Å"†¦an organizing concept to analyze capitalist development in general and reorganization of industrial capacity in particular†. He adds that (D’Costa, 1999, p. 11-12): â€Å"Restructuring also refers to the various ways by which a national industry adjusts to the capitalist imperatives of competition, profitability, market control, and national development (D’Costa 1989). More specifically, restructuring is viewed as a complex process by which the steel industry is evolving as a result of technological developments, corporate strategy, and government policies. With innovations and the diffusion of technology at the core of capitalist industrialization, restructuring of the steel industry globally can be conceptualised in terms of different national technological trajectories. By juxtaposing the factors that lead innovating countries like the US to fall behind technologically with the mechanisms by which late industrializing countries acquire technologies we can establish the uneven diffusion of technology and the process of restructuring.† The preceding represents an important understanding in this examination, as the traditional powers in the steel sector have been either challenged and or replaced by other companies / countries in the global sphere. Anwar (2006) presents an important summary overview of the steel industry that includes some of the foregoing factors, as well as providing additional insight areas: The increasing ramifications of industry volatility has been and is related to the levels of consolidation, the cyclical nature of the industry, along with the emergence of China as an important and critical player in the market. The importance of tapping into emerging growth markets has helped to fuel industry consolidation. China’s emergence as a consuming nation as well as producer  ¡, and its huge international market has caused a shifting in the strategic focus of the industry, and thus its companies. The heightened competition and cost variables of the industry help to explain the increased rounds of consolidation that in the interests of cost efficiencies utilises more supply chaining to set up production facilities in important developing countries, as well as close to natural steel resources. The consolidation as well as fragmentation of the global steel industry is amply illustrated in the following Chart: Chart 1 – Global Steel Industry (Anwar, 2006) The cyclical nature of the industry is caused by price significant drops due to the selling of steel at bargain prices as companies keep their production facilities running when industry sectors in certain countries are working off their own inventories (Matthews, 2007). It may sound illogical, but it is actually more cost effective to keep plants running as opposed to temporarily shutting them down and restarting again, even at the cost of dramatic price drops that occur in the process (Matthews, 2007). Consolidation has enabled important companies in the market to fend off competitors in their areas, and leverage their positions (Matthews, 2007). The rapid growth of China’s internal market, as well as upgrading of its steel production capabilities has significantly added to global tonnage output (Anwar, 2006). The heavy rounds of consolidation is in keeping with the regionalization of the international market as The North American Free Trade Agreement, that entails the United States, Canada and Mexico, competes with the European Union’s 25 countries, Mercosur that includes Brazil, Paraguay, Uruguay, and Argentina, and of course China, whose domestic market and size provides a market that is larger than almost all of these combined (UC Atlas, 2006). The significance of the foregoing is that these trade blocs represent associations that have been formed by the attending governments to aid in the management as well as trade promotion activities for their regions, and countries within these blocs (UC Atlas, 2006). The foregoing dynamics of globalisation thus helps to explain the consolidation that has been and is taking place in the industry. Figure 1 – Regional Trade Blocs / European Union (Europa, 2008) Figure 2 – Regional Trade Blocs / NAFTA (UC Atlas, 2006) Figure 3 – Regional Trade Blocs / MERCOSUR (UC Atlas, 2006) 3.2 ArcelorMittal In 2006 Arcelor one of the world’s biggest steel producers as represented by turnover and output, was acquired by Mittal for $31.9 billion USD in a deal that ended over five months of a hard fought takeover battle (White, 2006). Born out of a prior merger of Spain’s Aceralia, France’s Usinor, and Arbed of Luxembourg in 2002 (Reed, 2006), the acquisition by Mittal of Arcelor that was formed out of the preceding triumvirate is a further example of industry consolidation. The company, that consisted of in excess of 94,000 people in excess of 60 countries, was a major company in supplying the automotive, metal processing, construction, household appliance as well as general industry segments (wcbstv, 2006). Mittal Steel, which is based in Rotterdam, was the world’s largest steep producer in terms of volume prior to the merger, and still retains that title post merger, is a family controlled company by Chief Executive Officer Lakeshmi Mittal (ArcelorMittal, 2008a). The resulting company after the merger, ArcelorMittal, represents a concern that has â€Å"†¦ 310,000 employees in more than 60 countries† (ArcelorMittal, 2008b). The new company become the overall global leader in the automotive sector, construction industry, household appliance as well as packaging industries, along with becoming the leader player in technology as well as volume of steel produced (ArcelorMittal, 2008b). In terms of size, the new union creates a company that dwarfs the competition: Table 1 Largest Steel Companies (editgrid.com, 2007) Metal Bulletin’s top steelmakers of 2006 Millions of Tonnes Company Country 2006 2005 1Mittal Steel1 Netherlands 63.66 49.89 2Arcelor Luxembourg 54.32 46.65 3Nippon Steel Japan 33.7 32.91 4JFE Steel Japan 32.02 29.57 5Posco South Korea 31.2 31.42 6Shanghai BaosteelChina 22.53 22.73 7US Steel USA 21.25 19.26 8Nucor USA 20.31 18.45 9Tangshan China 19.06 16.08 10Corus UK 18.3 18.18 11Riva Italy 18.19 17.53 12Severstal Russia 17.6 15.16 13ThyssenKrupp Germany 16.8 16.55 14Evraz Russia 16.1 13.85 15Gerdau Group Brazil 15.57 13.7 16Anshan China 15 11.9 17Jiangsu ShagangChina 14.63 12.02 18Wuhan China 13.76 13.05 19Sumitomo Metal IndJapan 13.58 13.48 20Sail India 13.5 12.22 21Techint Argentina 12.83 11.42 22China Steel Corp Taiwan 12.48 11.65 23Magnitogorsk Russia 12.45 11.38 24Jinan China 11.24 10.43 25Maanshan China 10.91 9.65 26Laiwu China 10.79 10.34 27Shougang China 10.55 10.44 28Hunan Valin GroupChina 9.91 8.45 29Imidro Iran 9.79 9.41 30Ind Union/DonbassUkraine 9.52 8.55 The preceding Table has been utilised here to indicate that out of the top 30 steel companies globally, nine are located in China, with one in India and just three others coming from the European Union. The highlighted companies in colour have relevance in other sections of this study. The importance of the merger, as brought forth by the preceding discussion of the significance of regional trade blocs and national interests, is illustrated by the fact that at the time, then French President Jacques Chirac endorsed the union after the merger talks eased from being unfriendly to friendly in the face of certain guarantees concerning jobs as well as research operations (Noon, 2006). The new company represents 10% of the global market in steel and becomes a highly significant company for the European Union in the face of competition from and in China, as well as India, providing it with the resources and economies of scale to wrest deals from its rivals. 3.3 Pricing In terms of pricing, the steel industry is cyclical running through periods whereby supply exceeds demand, and then when demand exceeds supply. The recent trends has seen demand exceeding supply as steel prices have been inching upward since 2003 as China’s economy has begun to heat up, along with India taking steps to increase the demand in its economy for more products and production (domain-b.com, 2004). Table 2 – World Carbon Steel Transaction Prices (Steelonthenet.com, 2008) The preceding Table shows that upward movement that has and is making a new trend for the long embattled steel sector that had gone through heavy dumping in the 1990s as markets and the global recession dried up demand. But, that scenario seemingly looks like a thing of the long gone past, with China’s appetite just getting started, and India beginning its sit at the steel table. Prices are on the way up, as production capacity has remained relatively static with 1999 levels (DiCianni, 2007): Chart 2 – Steel Production Capacity (DiCianni, 2007) The upward trending in steel prices as a result of production capacity is reflected in the following Chart: Chart 3 – Steel Price Comparisons in Key Regions (DiCianni, 2007) The foregoing rise in steel prices is reflective of increased global demands as illustrated by the following: Table 3 – Global Steel Demand (DiCianni, 2007) The prognosis for increased prices is forecast by a broad consensus of industry analysts as caused by heightened production costs, and increased consumer demand as a result of growth markets (rediff news, 2007). Spot prices for ore are a prime contributor to the foregoing as prices have been on the increase since 2003: Chart 4 – Iron Ore Spot Prices (DiCianni, 2007) The preceding trend is highly different from the one facing the steel industry during the mid and late 1990s when too much capacity was the problem and steel prices dropped (Denoel et al, 2002). 3.4 Laws The rules governing trade laws is overseen by the World Trade Organization that also oversees the varied treaties its member nations make (WTO, 2008a). The principle tactic and the one that is subject to attention in terms of laws has been anti-dumping policies utilised by Japan as well as Russia and recently China in the early 1980s and 1990s to gain a footing in supplying steel when prices were depressed as a means to enter and secure contracts (WTO, 2008b). Dumping represents the selling of steel in foreign markets below what is charged in home markets in order to secure a foothold, and or longer term supply contracts to keep factories running (Scheurman, 1986). The anti-dumping provision has long been a measure whereby countries seek to prevent lower priced steel from competing with domestic producers and thus threatening their home markets (WTO, 2008b). An example of the foregoing is provided by Jones (2004, p. 23) in his book â€Å"Who’s Afraid of the WTO?†: â€Å"When steel imports from Japan and other countries surged in the United States in the wake of the crisis, however, it became a â€Å"trade problem, † and WTO rules prohibiting unilateral trade restraints as a stabilization tool by governments shifted blame over to the system of trade rules itself.† The laws on steel stem from this foundation, contained within World Trade Organization rules, thus it represents a confusing as well as under most circumstances self-servicing provision enacted frequently by the target country. The following provide illumination on the foregoing (Tarullo, 2002): â€Å"While not specifically proscribed by international agreements, dumping has been internationally identified as deserving of condemnation if it causes injury to an industry in the importing country. (2) U.S. law, since emulated by other countries, added to the definition sales below fully allocated cost of production, even where the price charged for the merchandise was the same as that in the importing country. Anti-dumping law generally provides for imposition of an additional import duty to equalize the price of the imported goods with the normal value, as calculated from foreign sales or from the cost of production. Most economists find the entire premise of anti-dumping law misguidedat least where there is no predatory intent or effectbecause it discourages some forms of price competition in some circumstances. Certain domestic interestsparticularly those in industries with high fixed costsare equally insistent that anti-dumping laws are necessary to protect them from forei gn producers suppressing prices by flooding domestic markets. The laws and regulations enacted by countries, which can be very complex, reinforce the suspicion of liberal traders that the laws are rigid, biased implementations of a misguided premise. Not surprisingly, disputes over imposition of dumping duties have been frequent. Exporting countries have often complained that, quite apart from the principle that dumping is bad, importing countries misuse their anti-dumping laws. The first code negotiated in the GATT to supplement the rules of the original GATT agreement was one that limited the use of anti-dumping measures. (3) New, more detailed agreements to limit national anti-dumping measures were included in both the Tokyo Round and Uruguay Round of trade negotiations. Meanwhile, use of anti-dumping measures had spread from the United States, European Union, and other industrialized countries to developing countries as well. (4) Thus, while international disagreements over dumping continue to pit some industrialized countries against Japan and many developing countries, the lines are not as clearly drawn as they were twenty years ago.† The fray over anti-dumping continues to dominate the steel sector, but the recent surge in demand is lessening such occurrences and companies scramble to ramp up production and meet increasing demand. This has been a significant tactic used in the market that could very well continue after the shakeout over which companies dominate in China as well as India settles in. 3.5 Monopolies Steel represents an important component in the health of national economies by virtue of the broad range of industries it supplies. Automotive, construction, appliances, equipment, industries machinery, pipes, plumbing and a host of other areas that underpin production are all industries that need steel. As such national interests step in, as indicated under regional trade blocks, whereby steel is akin to a national resource, in the securing of raw materials and finished output, thus the strengthening of company positions in the sector is a priority that regional and national governments seek and endorse, as evidenced by former French President Jacques Chirac’s positive comments on the Arcelor Mittal merger. From this stance, having too many producers, steel companies, weakens their position in the global market, and size enables them to introduce economies of scale in production and sales. Thus, monopolies simply are not a term that applies in this sector as a result of inten se global competition and national interests. In steel, bigger is better! Better for the steel company, national interests, domestic market supplies, and in terms of strength against their rivals. In the European Union, monopoly like status is not punishable as it is in the United States, as long as such does not harm the consumer or restrict competition (European Union, 2002). In the European Union a Monopoly is defined as (Europa, 2008): â€Å"Market situation with a single supplier (monopolist) who due to the absence of competition holds an extreme form of market power. It is tantamount to the existence of a dominant position. Under monopoly, output is normally lower and price higher than under competitive conditions. A monopolist may also be deemed to earn supra-normal profits (i.e. profits that exceed the normal remuneration of the capital). A similar situation on the demand side of the market, that is with a single buyer only, is called monopsony.† In other words, if the status of an extremely large company is not harming consumer markets and or increasing prices that are out of line with the normal costs of production, then, it is basically non actionable. The European Union’s actions against Microsoft were of a different nature in that Microsoft’s actions were restricting competition in the entire industry sector, and the company was convicted of unfair tactics (European Union, 2004). 3.6 Emerging Markets The merger of Arcelor and Mittal provided the new company with the size as well as clout to make a significant difference in emerging markets such as China due to its enhanced capabilities across all market and industry sectors (ArcelorMittal, 2008b). The foregoing increased size as well as capabilities also provides the new company with advantages in the high growth Indian market (ArcelorMittal, 2008b). The company announced immediately after its bid for Arcelor was accepted that the new plans call for boosting its presence in both the Chinese as well as Indian markets (EarthTimes, 2007). Lakshmi Mittal is of Indian decent, thus this new and larger company will provide him with increased presence in that market as a result of long standing contacts and the company’s enhanced capabilities (Forbes.com, 2007). As the world’s fifth richest person whose wealth is estimated as $32.0 billion that influence helps his aims in many areas (Forbes.com, 2007). Of particular interest is the discussion of the formation of a new regional trading block in Asia consisting of China, Japan, South Korea and India, a union that along with other countries would account for 20 percent of the world’s Gross Domestic Product, that would relegate the other major trading blocs and lesser players (Bergsten and Scollay (2001). The potential for such an arrangement has gained in strength since 2001, with increasing talks being held between China, South Korea and Japan (Asia Times, 2003). Increasing ties between China and India, as a result of the proposed cross border trade route would open up trading in the region and serve as the foundation for a new trading bloc (Hasan, 2006). The present trading Bloc, ASEAN, which was formed in 1967, consists of Indonesia, Malaysia, the Philippines, Singapore and Thailand, that represents a combined population of approximately 560 million (Association of Southeast Asian Nations, 2008). China, with its population of 1,321,851,888 (Rosenberg, 2007), along with India’s 1,027,015,247 people (indianchild.com, 2007), and Japan’s 127,288,419 (CIA World Factbook, 2007), would result in a combined trading bloc population of 2,476,155,554, or slightly more than one-third of the world’s total population of 6,602,224,175 (World Factbook, 2007a). That would dwar f the population counts of the European Union, 490,426,060 (World Factbook, 2007b), as well as NAFTA (446,078,489), with its U.S