Accounts Receivable and Joan Miller

Sub: Finance Topic: Journal Entries Question: Posting Journal entries into a worksheet ClassOf1 provides expert guidance to College, Graduate, and High school students on homework and assignment problems in Math, Sciences, Finance, Marketing, Statistics, Economics, Engineering, and many other subjects. The following are the balances in the accounts for Joan Miller Advertising Agency as of January 31, 2001: Cash Accounts Receivable Fees Receivable Art Supplies Office Supplies Prepaid Rent Prepaid Insurance Art Equipment Accumulated Depreciation, Art eq. Office Equipment Accumulated Depreciation –Office Eq. Accounts Payable Unearned Art Fees Wages Payable Joan Miller, Capital Totals Debit Credit $1,720 2,800 200 1,300 600 400 440 4,200 $70 3,000 50 3,170 600 180 10,590 ______ ______ $14,660 14,660 During the month of February, the agency engaged in the following transactions: Feb. 1 Received an additional investment of cash from Joan Miller, $6,000 www. classof1. com *The Homewo rk solutions from ClassOf1 are intended to help the student understand the approach to solving the problem and not for submitting the same in lieu of your academic submissions for grades. Sub: FinanceTopic: Journal Entries Feb. 2 Purchased additional office equipment with cash, $800. Feb. 5 Received art equipment transferred to the business from Joan Miller, $1,400. Feb. 6 Purchased additional office supplies with cash, $80 Feb. 7 Purchased additional art supplies on credit from Taylor Supply Company, $500. Feb. 8 Completed the series of advertisements for Marsh Tire Company that began on January 31, and billed Marsh Tire Company for the total services performed, including the accrued revenues that had been recognized in January of $200 (see fees receivable). The total bill is $800.Feb. 9 Paid the secretary for two weeks’ wages, $600. Feb. 12 Paid the amount due to Morgan Equipment for the office equipment purchased last month $1,500 Feb. 13 Accepted an advance fee in cash fo r artwork to be done for another agency, $1,800. Feb. 14 Purchased a copier from Morgan Equipment for $2,100 paying $250 in cash and agreeing to pay he rest in equal payments over the next five months. Feb. 15 Performed advertising services and accepted a cash fee, $1,050. Feb. 16 Received payment on account from Ward Department Stores for services performed last month, $2,800 Feb. 9 Paid amount due for the telephone bill that was received and recorded at the end of January , $70. 20. Feb. 20 Performed advertising services for Ward Department Stores and agreed to accept payment next month $3,200. Feb. 21 Performed art services for a cash fee, $580 Feb. 22 Received and paid the utility bill for February, $110. Paid the secretary for two weeks’ wages, $600. www. classof1. com *The Homework solutions from ClassOf1 are intended to help the student understand the approach to solving the problem and not for submitting the same in lieu of your academic submissions for grades.Sub: Fi nance Topic: Journal Entries Feb. 26 Paid the rent for March in advance, $400. Feb. 27 Received the telephone bill for February, which is to be paid next month, $80. Feb. 28 Paid out cash to Joan Miller as a withdrawal for personal living expenses, $1,400. At the end of February, adjustments are made for the following: a. b. c. d. e. f. g. h. i. One month’s prepaid rent has expired. One month’s prepaid insurance has expired, $40. An inventory of art supplies reveals $720 of supplies are still on hand on February 28 th.An inventory of office supplies reveals $300 in office supplies have been used in February. Depreciation on the Art equipment for February is calculated to be $90. Depreciation on the Office equipment for February is calculated to be $100. Art services performed for which payment has been received in advance total, $1,400 Advertising services performed that will not be billed until March total $340. Three days’ worth of secretarial wages had accrue d by the end of February. Required: Prepare the general journal entries or enter into a worksheet the transactions completed in February, 2001Solution: Joan Miller Advertising Agency Worksheet Trial Balance Transactions 1/31/2001 Name of the Account Debit Cash $1,720 Accounts Receivable Fees Receivable Art Supplies Credit 2800 200 1300 February Debit $12,23 0 3400 Trial Balance 2/28/2001 (Unadjusted) Credit Debit $5,810 $8,140 2800 200 Credit $3,400 $0 $1,300 www. classof1. com *The Homework solutions from ClassOf1 are intended to help the student understand the approach to solving the problem and not for submitting the same in lieu of your academic submissions for grades.Sub: Finance Topic: Journal Entries Office Supplies Prepaid Rent Prepaid Insurance Art Equipment Accumulated Depreciation, Art Eq. Office Equipment Accumulated Depreciation, Office Eq. Accounts Payable Unearned Art Fees Wages Payable 600 400 440 4200 580 400 $70 3000 $70 4300 $7,300 50 3170 600 180 Joan Miller, Cap ital $50 1570 600 180 10590 Joan Miller, Withdrawals Fees Earned Wages Expense Utilities Expense Telephone Expense Total $1,180 $800 $440 $4,200 2430 1800 $4,030 $1,800 $0 $17,99 0 7400 1400 $1,400 5430 $14,66 0 $14,66 1020 110 80 $25,87 0 $25,87 0 $5,430 $1,020 $110 $80 $29,37 0 $29,37 0 ** End of the Solution ** ClassOf1 provides expert guidance to College, Graduate, and High school students on homework and assignment problems in Math, Sciences, Finance, Marketing, Statistics, Economics, Engineering, and many other subjects. www. classof1. com *The Homework solutions from ClassOf1 are intended to help the student understand the approach to solving the problem and not for submitting the same in lieu of your academic submissions for grades.

Geo Sba Cxc

Candidate Name: Nathaniel J. Adiah Candidate Number: Subject: Geography School: Presentation College Chaguanas Year of Exam: Teacher’s Name: Aim: To identify, describe and account for the features of erosion and deposition along Las Cuevas Bay. Candidate Name: Candidate Number: Subject: Geography School: Year of Exam: Teacher’s Name: Aim: To identify, describe and account for the features of erosion and deposition along Las Cuevas Bay. Contents Aim:4 Methodology5Introduction:6 Description of the Bay7 Presentation of findings – Analysis and Discussion8 Caves9 Arches10 Stumps11 Cliffs12 Blowholes13 Geos14 Headlands15 Coves16 Notches17 The Beach18 Conclusion20 Limitations21 Bibliography22 Aim: To identify, describe and account for the features of erosion and deposition along Las Cuevas Bay. Methodology Where? : Las Cuevas Bay When? : Monday 11th June, 2012. From 9:00 am – 1:30 pm How? : The class was split into six groups and each group studied a specific sit e along the beach.Each group carried out a number of tests: wave height, using a metre stick; wave frequency, using a stopwatch; width of the beach, using a measuring tape. Introduction: Las Cuevas Bay is a 2. 2 kilometer raised beach named after the caves that lie on the southwestern end of the beach. Las Cuevas Bay is located approximately 7 kilometers east of Maracas Bay along the North Coast Road. This beach is extremely popular for both bathing and camping. The beach was chosen because of the fact that it has a lot of observable features. Description of the Bay Las Cuevas Bay is approximately 2. kilometers long and its width is 74 feet. It is a bay head beach with a horse shoe shape. At the time of the study rain was falling and there was a gentle breeze. It was during high tide. The beach gradient was gentle and uniform. The waves were constructive (8 waves per minute). Presentation of findings – Analysis and Discussion Bar graph 1: showing the number of each feature se en on the beach The bar graph above shows that the most prevalent feature on the beach was the cliffs. Most of the features observed were seen at the eastern end of the beach. CavesA cave is a natural underground hollow in the rock, usually large enough for a human being to enter. The solution of carbonate rocks such as limestone takes place mostly below the water table in the zone of saturation or the phreatic zone. The water table sinks as the rocks are dissolved and caves are formed. Arches Stumps Cliffs Sea cliffs are formed when waves strike vigorously against a steep coast. Blowholes Geos Headlands Coves Notches The Beach The beach is the only depositional feature. Line graph 1: wave frequency at different points along the beachErosional Features| Depositional Features| Caves| Beach| Cliffs| | Geos| | Headlands| | Coves| | Blowhole| | Notches| | Stumps| | Arches| | Conclusion A number of features were observed although the beach is now raised so present processes have no great effect on any features except the beach. Las Cuevas Beach is a stable beach system with several erosional features and only one depositional feature, which is the beach itself. Limitations Some limitations on this study are: 1) The weather 2) Timeframe 3) Tide Bibliography

IKEA marketing concept Essay Example | Topics and Well Written Essays - 2000 words

IKEA marketing concept - Essay Example Information on what encompasses a target group is crucial in coming up with ideal market segmentation. Characteristics such as lifestyles, language, climate education background, gender, family size, race, nationality, interest and religion of the target group helps in the segmentation process. The market segment in the target market of IKEA Company is accessible, measurable, profitable and market responsive. The target market is mainly located in urban centers. This has made the company to open most of its outlets in urban centers for easy access. The products are designed to meet the needs of both the middle and wealthy. The market segments of the target market are quantifiable in terms of the estimated population size and the estimated disposable income. Generally, the large size of the market segment and their average disposable incomes promises good returns. The target market has in the past shown some positive response to the products. Penetrating the market space will require communicating to the market segment in a way that corresponds to their relevant needs. Every market segment has distinct characteristics such as lifestyle, fashions, tastes and preferences. Communication based on these characteristics can help to reach out to a wider market base. IKEA Company utilizes catalogues and advertisement through the mass media to penetrate the market segments. The diversified commodities which are of different styles, tastes and fashions are the key to the penetration of the market space. Maintenance and protection of the market space requires the company to constantly review on the customers’ needs. To oversee this, the company has customer success...It also stands for the competitive prices offered by the price leader. IKEA Company cuts across the diverse cultures of different countries and so the brand represents the meeting point where global tribes that mind the cost and design converge. The shopping premises of the company are similar and share similar architectural designs and interior designs. They are easy to recognize to its distinct yellow and blue coloration. These combinations make the IKEA a strong global brand. The weakness of the company’s brand is that it is rarely seen and most unknown. The company’s activities are largely concentrated in some countries especially in Europe. The brand is therefore popular and frequently seen within these countries. For the citizens of these countries, it is rarely seen and to most, it is absolutely unknown. This implies that the company has not fully penetrated the target market. There is the potential unexploited market space. The competitiveness of the brand can be heightened by creating awareness of the brand existence in the unexploited areas. Awareness could effectively be done by use of mass media that reaches most people in a continental level. It can also be done through international trade exhibitions that bring international communities together. Sponsoring international activities such sport can also be opportunities of reaching out potential buyers.

Landscape Painting Description Essay Example | Topics and Well Written Essays - 1000 words

Landscape Painting Description - Essay Example The paper "Describe the landscape painting" aims to analyze the two drawings by two different artists, Chen Guan and Mi Wazhong. Seemingly, the artist was making an attempt to depict a connection between mountains and trees; this also indicates that the artist had proper environmental knowledge in the sense that: Mountainous regions are characterized by heavy rainfall; in these areas there tend to be excessive growth of trees especially at the foot of the mountain. Additionally, it is apparent that the artist is aware that the growth of trees cannot be supported by the steep slopes of any mountain. The artist did not draw tree on the steep slopes of the mountain; a scenario which may also indicate that the slopes are characterized by excessive soil erosion hence lack of tree. Consequently, the drawing depicts an attractive natural scenario that appeals to the viewers; sceneries of trees have usually been ascribed to a sense of relaxation to human mind. It also exposes the viewer to a situation of mental activity whereby; Apart from the trees and the mountains, there are also signs of fog that are evident on the mountain top as well as at the foot of the mountain around the tree tops. The fog might have been used by the artists to indicate that the region is characterized by very cold temperatures. Moreover, the fog may be an indication of high level of humidity experienced in the region. In order to provide his viewers with more detailed information, Mi Wazhong indicated shallow.

Strategic Marketing (SBU Competition) Research Paper

Strategic Marketing (SBU Competition) - Research Paper Example Among all the mentioned competitors of Star Hub SingNet is the largest internet service provider in Singapore with 372,000 broadband users and 71,000 dial up customers (about SingTel, 2013). As SingNet is the biggest internet provider company followed secondly by Star Hub and at third place stand M1 Net Ltd. The total broad band subscribers of Star Hub are 329,000. The broad band user of the third largest company M1 Broad band is over 10,000 . ... The stock price also increased compared to the price of last day Revenue for the companies (as according to available financial reports) 2012: 18,825 Million 2011: 18,071 Million 2010: 16, 871 Million 2012: 2,422 Million 2011: 2,312 Million 2010: 2, 238 Million 2012: 1,076,812 2011: 1,064,896 2010: 979.2 Million Customer base 557,000 are the total broad band internet users for the company 442,300 are the total subscribers of the broad band internet service provided by the company 173,900 are the total broad band internet subscribers for M1 Strengths Many of the strengths that are associated with the company includes: The first ever company to launch its broad band services in Singapore First broad band service provider to introduce supplementary surfing Being the pioneer and the largest company to hold the stake, trust of people in the service provided Star Hub being the second market leaders holds certain strengths as well including: Fastest growing broad band internet service provi der Provides the highest speed for surfing including the fastest speed internet for downloading and uploading in Singapore Provides unlimited surfing packages to make family time fun M1 as is the third largest leading broad band possess the following strengths: Introducer of the latest technology Pioneer in providing the fastest downloading speed where even needed with even in peak hours Connectivity choices are customized and available according to the need and requirement of the customers Faster and an easier way to access the international high bandwidth sites Competitive Advantage Pricing Bundles that are offered by SingNet is their competitive advantage and the factors which helps them gaining the highest market

Business case Essay Example | Topics and Well Written Essays - 1250 words - 1

Business case - Essay Example Meanwhile research has shown that 70% of Americans rely on the internet for information (people-press.org, 2008). Having said that, it follows that any business that wishes to succeed and grow must employ and use the internet. Again, market issues can also be noticed in the distribution and source of stock. There is neither provision for stocks to be transported and delivered to buyers; nor expert advice on plant placing, nurturing, watering and manure. Also while the interest of Alice is on environmental issues are commendable, but environmental issues are basically social responsibility, and if a company can’t be responsible to its staff, it can not afford responsibility to the greater environment. Having customers aged 55 and over is not a good thing. This simply means that when this group retires off, no younger generation is available to replace them (Manhaimer, 2010). Alice should develop a good relationship with youths by developing marketing promotions and adverts specially targeted at this market niche. Apart from replacing the aging population, youths also influence the buying decisions of their families. Also the low stock turnover indicates poor management and marketing functions (Chukwudire, 2010). Greater attention should be paid to improve the situation. The human resources issues are highly interconnected with one leading to the other, a chain effect. First workers are not properly selected; the interview process is completely ignored, posing several problems for the organization (Chua, 2010). Employees are hired without being sure they can do the job, want to do it, and can actually fit in. These lapses create motivational problems which would have been avoided if proper interviews were properly carried out. The leadership style is identified as Patriarchal, which comes with domination, authoritarianism, and absolute power (Kanyaro, 2006). In this kind of relationship, the final answer is vested in one person who is

The Story of Arthur Wergs Mitchell Essay Example | Topics and Well Written Essays - 1000 words

The Story of Arthur Wergs Mitchell - Essay Example Arthur Wergs Mitchell was born on December 22 1883, at Roanoke, Alabama and was the son of former slaves Taylor and Ammar Mitchell. His father has worked as a modest farmer to raise his family. Mitchell studied in public schools and has financed his college education at the Tuskegee Institute by working as a university assistant and farm laborer. After a year at the Tuskegee Institute, Mitchell transferred to Snow Hill Institute, where he was mentored by a Washington protà ©gà © in the person of Professor William J. Edwards. Mitchell’s beliefs toward his own teaching skills and capabilities have later on led him to putting up a vocational elementary school, the West Alabama Normal and Industrial Institute that was exclusive for African American children. These milestones have also brought difficulties to the life of Mitchell. He was accused of deceiving the poor blacks to working for cheap labor and was even charged of defrauding them to obtain their land titles. He was sued by the black farmers, but has managed to avoid prosecution. Nonetheless, the charges filed against Mitchell did not hinder him to moving toward his goal of becoming a lawyer. Eventually, Mitchell has left Alabama and moved to Washington. Then, he went to Chicago to pursue law. On 1919, he has moved to Washington D.C., where he has tried to familiarize himself with the law and has gone to real estate by establishing the Mutual Housing Company of Washington D.C (Asseln 1995). In spite of his lack of formal law education, Mitchell passed the bar in Chicago, Illinois in 1927 (Asseln 1995). He has later on ventured into the practice of law by opening a law office that has paved the way for him to creating a connection with the Republican Party (Asseln 1995). This then marked the beginning of his political career as the first African American democrat in the country. Mitchell has worked for the Republican Party and has managed the campaign of the Republican presidential bet Herbert Hoover (Nordin 2007). This responsibility has made him inspired to entering the arena of politics. Upon joining politics, Mitchell left the Republican Party and became a Democrat. As a democrat, he had the advantage of representing the black community, for he was seen by the party leader as one who will not intrude in the plans of the white political leaders that may be unfavorable for the black constituents (Nordin 2007). Arthur Mitchell replaced Harry Brooke as candidate of the Democratic Party for Congress Representative due to his sudden death (Arthur Wergs Mitchell 2013). Mitchell rivaled with fellow African American Oscar De Priest, but Mitchell managed to defeat Brooke, thereby, electing him as the very first African American Democrat to represent a state in the American Congress in November 7, 1934 (Arthur Wergs Mitchell 2013). Mitchell expressed his support to â€Å"President Roosevelt and the New Deal† during his tenure in Congress (Arthur Wergs Mitchell 2013). On the one hand, Mitchell got involved in a controversy that prompted him to file charges against the Illinois Central and Rock Island Railroads. The

Free topic Essay Example | Topics and Well Written Essays - 1000 words

Free topic - Essay Example Following the riotous exploits of Brain and Gretchen, Joe’s work of fiction on this book courageously pursues the truth in discovering what it means to develop each person’s own identity. Both are trying as much as they could to find their way through the numerous complex threats that characterize the high school experience for many kids. On this book, Joe Meno does make some interesting argument. He conveys his knowledge and love of punk-rock music. This is vital for any individual writing within the indie rock novel type which is widely revealed in the book. And between this and the narrator, Brian Oswald, a total freak who is a school dropout who cusses the way too much and litters every 3rd sentence with ‘I guess’ or ‘maybe’, you will discover the true nature of a misguided American adolescent. A misguided American adolescent is characterized with music, getting high, avoiding depressed parents and trying to get laid, who at age fifty find themselves just as desperately misguided about life as these adolescent? As quoted by Joe Meno. He explores Brian’s emotional ambiguity and his heartrending youthful search for meaning, both in his on-again and music, off-again situation with Gretchen; his gabby, genuine and completely realistic take on adolescence strikes a winning chord. In the book, the issue of teenage violence is dealt with- brain’s occasional bouts of anger and destruction seem very real as compared to Gretchen’s fights which are characterized by certain slapstick quality (Meno, 46). Brain’s character in the book is revealed as sympathetic narrator and a prime example of awkward adolescence, even if he does not have much of a plot built around him. This paper tries to analyze the concept of the book and try to explain how an educator can utilize the book in trying to help a needy (in terms of character) adolescent student. The book captures the meaning of adolescence and that all go es along with conceptions such as finding the identity, awkwardness, puberty, first crushes and the constant power struggle that ever exist between teens and parents. Music is a common theme throughout the novel that ties Brian’s identity all together. Brain’s choice for music is changed throughout the story. He starts by liking punk music, then proceeds to Rod’s Baker Albums and finally fall in love with Mike’s Pink Floyd tapes. Brian’s identity changes depending on the type of music he is listening to. His main worry if about fitting as opposed to having his own voice and accepting who he is. However, Brian grow and develop as the novel progress, his identity develop as well as his perception about life. By the end of the novel, he realizes that there is nothing good than being yourself. There are numerous lessons learned in high school that exceed the common knowledge about grammar, memorizing constitutional amendments, and how to standout withi n one’s clique. Meno reminds us of this honest brutal fact. The novel is fun, memorable, witty and at times delicately philosophical. It appeals to the younger crowd and especially high school teenagers. The book is a hodgepodge of so many different elements; it’s truly a hives and peripatetic as the mind of a teenager. Brian’s character in the book is a representation of a complacent aimlessness teenager (Meno, 89). The drastic change in

Trusts Law Coursework Example | Topics and Well Written Essays - 1500 words

Trusts Law - Coursework Example The rest of his property, which includes the North Tawton, would go the Parish Council of Devon. This is to happen if only the wife is not alive otherwise the property should go to the parish council, but the interests that the property gains go to the wife. In his statement, Endacott said that the reason he made that decision is on the bases of providing some memorial to him and his family, which was useful. The basic law indicates that all trusts whether charitable or non charitable should have people who have the benefit of the property and thus its application. According to the law, I totally agree and arguing in accordance to the ruling by the court of appeal made through Lord Evershed, that there is a failure in trying to create a trust that is beneficial to a person1. There are exceptions to the statement and to the law that purpose trusts have no validity. It is rather obvious that prohibition does not apply to powers for the purpose, but it applies only to purpose trusts. Fr om the actual law, it is clear that when there is some level of surety that the person to settle the trust has the intentions to do so, and it is certain in relation to the estate as well as the purpose for the trust, then the trust may fail. According to the current law, there is no trust in the exercise that the court of appeal can control. ... In this case, there is consideration of trustees’ duties and rights towards the property by the court. Thus, there is consideration as whether the trustees’ can utilize the property without interference from other parties. This is in line to the ruling made by the court of appeal in the case of Morice v. the bishop of Durham. Where the court indicates it does not control the property in the case. The court of appeal also may take control of the trust to ensure that there is respect to the intentions of the settler. Where the settler is the initial owner of the property as seen in the case of Roxburgh in Re Astor, I agree to the statement further due to the current law clause on express trust. According to the court of appeal definition for express trust, there must be certainty, formality and the making of the trust must be constitutional. For the trust to be biding, the settler must have the ability to create trust, that is. The settler must own property and hold the p roperty he should be able to speak as well as show the intention to create the trust. The settler can then name the beneficiary as it is the requirement of the court for non-charity trusts. Thus, the trust cannot be binding if there are no beneficiaries as this is against the law for the creation of direct trusts3. The statement may not apply where the trust is discretional following a ruling by the court of appeal in the case of McPhail v. Doulton. Where the trust may have many beneficiaries rather than a few who the settler provides in his list of beneficiaries during the making of the trust, Furthermore, the trustee must be able to say for certain who the beneficiary is when

Emile Durkheim's Theories on Education and Morality Essay

Emile Durkheim's Theories on Education and Morality - Essay Example But as America became more populated and as problems became more social, the focus on education had shifted to the human being in relation to society. The people realized that the human being was affected by its environment and the role of education is to transmit present societal traditions and customs to the students by using teachers as social agents. Because of Durkheim's influence, the American society began to value individual freedom and self-determination that depicted the product of Protestant ethic and the impact of psychology on educational theory. The present society now corresponds to Durkheim's theory of education. Focusing on his educational beliefs and view points, this essay aims to acquire the significance of his theoires on the past and present day society. According to Filloux, Durkheim emphasized the general needs of the individual in order to recognize the function of a social phenomenon (304). He asserted that every society has a system of education that is inflicted on individuals and has a concept of a "human ideal"-physically, intellectually and morally. He viewed it as a "methodical socialization" that ensures the "conditions of existence" of every individual in a society. For Durkheim, discipline is a factor of education and a means of averting culpable conduct (43). He viewed morality as a discipline that promotes regularity in people's actions and offers them "determinate goals" that also hinders their horizons (47). There are three elements of morality that determine the form and content of the purposes that educational sociology assigns to education at school: 1) teaching a sense of discipline, 2) group attachment, and 3) autonomy of will (308). In order to be called a moral person, Durkheim stated that the individual has to abide by a norm (23) and "act in terms of the collective interest" (xi). Thus, the function of morality is "to determine conduct, to fix it, and to eliminate the element of individual arbitrariness" (27). In the school institution, moral standards are imposed by the teacher to the pupils though they are given the freedom to learn in their own will. (Filloux 309). For Durkheim, the spirit of independence exists if there is intelligence or understanding and moral orders in certain incidents in life. Durkheim also discussed the school environment in his theory (310). He believed that the school environment promotes the habit of life in a school classroom form. He also stated that in ideal schools, it is not important to produce scientists among his pupils but fully rational beings. (311). Research Discussion Durkheim's structure-function analysis focuses on social facts (Filloux 303). He noted that in order to understand a fact, the causes and purposes must primarily be recognized. His analysis was original for he approached this from two similar viewpoints. One was that the society, made up of its organic components has a systematic entity responding to the societal needs. The other view was that "the social system lends itself to analysis in terms of

Stress Essay Introduction Essay Example for Free

Stress Essay Introduction Essay People experience stress in private life and at work place. People have to work effectively against time and within the parameter of various rules and regulations. It is not always possible to create an organizational climate conducive to work. Various departments, groups and external environment factors affect individual behaviour. Minimal level of stress is required for organizations to operate effectively. Excessive stress is harmful for the individual as it causes mental and physical disequilibrium and subsequently leads to physical and mental disturbance. People suffer from high blood pressure, heart attack when stress is beyond control of the human beings. It is therefore necessary to identify causes of stress and modify behaviour so that the individual energy is directed towards organizational productivity and healthy organization climate is created. Sports have been a part of my life for as long as I can remember, and I know from countless experiences how stress and anxiety can affect ones performance. Anyone involved in sports in anyway will understand the feelings that rush through you when you are in a high risk, and high pressure situations. Those final moments of a close game, or even the night before your big match or competition, are great examples of situations that would create the sudden rush of these feelings; and therefore, triggering a spike in anxiety. Whether you are in the stands, on the bench, playing or coaching, you get that â€Å"butterfly† feeling in your stomach. The difference between success and failure is how you deal with high pressure situations. If you let nervousness and anxiety overcome you, it could cost you and your team the match or that podium spot you worked so hard for. The question is, how do you control it, and how important is it that you control it?

An Analysis Of Water Pollution In China Environmental Sciences Essay

An Analysis Of Water Pollution In China Environmental Sciences Essay The challenge of escalating water pollution in China has posed a formidable threat to the existing water bodies that are immensely beneficial to the natives, industries and the government. This water pollution has been as a consequence of effluents from the heavily industrialized areas, which drain chemicals to rivers and other related streams. The escalating quandary of water pollution in China requires swift and practical measures geared towards safeguarding the few water bodies that have not been polluted, and halting further pollution of those already polluted. These efforts will aid in protecting the aquatic life, and improving on environmental conservation. To effectively limit the levels of water pollution, the Chinese Government ought to implement reasonable and valid systems that will guarantee the reduction in release of toxic effluents into the aquatic ecosystem. The appalling state of affairs resulting from the Chinese industrial effluents from the densely populated manufacturing states have reached to points where they threaten to literally extinguish the aquatic life, and thereby rendering once valuable rivers and streams useless. Indeed, these rivers, streams and other water bodies are affected to a point that they can be seen to be contaminated from visual observation. Additionally, strong and awful smells can be felt emanating from the flowing bodies of water; these polluted masses of moving water are usually black in color (Economy 2010). The Chinese authorities ideally want to intervene and implement effective measures to regulate the culpable industries on their commercial release into these rivers and streams. Many industrialists however argue against such a move, instead positing that by implementing a number of restrictive measures, the authorities will be deterring the growth and development of upcoming industries. Such arguments fall flat in face of logic and only help to champion the further degradation of the environment. The industrialists also posit that these measures will reduce production of some companies, which they argue, are particularly critical in global industrial production and the emergence of China as a superpower. Implementation of restrictive laws should not be compromised by vested interests from industrialists. Restrictive and regulatory environmental laws are designed help in guarding environment for the future generations in China. Environmental standards in China are deteriorating at a particularly unsettling pace when compared to other countries. Natives of Chinese towns are pessimistic about future environmental outlooks. They have witnessed once clean rivers turned into sewerage drainage channels because of extremely uncontrolled dumping of industrial refuse. In an environmental conservation article, Rivers Run Black in Shanxi Province in CHINA.ORG.CN website, a farmer called Li Yonggang recalls a few years back when a nearby riverShushui Riverwas remarkably uncontaminated and bustling with marine life. He notes with vivid contract of how the landscape of back then is so different to that of today. At thirty years, everything has changed and very different to what he used to see in th e 1980s. Li compares how he dug a mere 60 meters in the past to get clean drinking water, but nowà ¢Ã¢â€š ¬Ã‚ ¦well is 180 meters deep (Rivers Run Black in Shanxi Province). Water pollution is normally graded on a scale of I, II, III, IV and V-where I is the purest with least pollutants and V is the most polluted. Shushui River is currently on grade V. Shanxi province is categorized as leading in having worst river waters in the country because of the big industries in the region (China Knowledge Press Pte Ltd Xiahou, 2005). Environmentalists and natives are equally conscious of the heightening status of the quandary, and most wonder if the deteriorating status will be halted in time since all the ten most polluted cities are in Shanxi (Rivers Run Black in Shanxi Province). According to Jian Xies book Addressing Chinas water scarcity: recommendations for selected water resource management issues, which was written in collaboration with the World Bank, the Peoples Republic of China possesses no adequate and proper sewerage management system and as a result, both the public and domestic waste is channeled into nearby water bodies. Some rivers have turned red as a result, clearly depicting the extent of pollution. (See illustration below). Also about 500 million citizens do not have any kind of access to hygienically treated drinking water and majority resort to taking filthy water from rivers (Xie World Bank, 2009). Current studies depict excessive discharge of mans refuse and other pollutants from agricultural area. The discharging of waste in the sea is rampant because the majority of the rural populations do not have abundant water conditioning facilities. This puts them on the verge of getting infected with industrial and human waste related diseases. The Xie/ World Bank book highlights the concerns of many people lacking domestic water, and indicates that such predicaments have pushed people to use flowing water from streams and rivers. Here, they can wash clothes and get water for cooking and drinking. The most culpable industries in the list of agents of pollution are plants that manufacture drugs, chemicals and tannery mills. The picture below shows how factories located near water bodies in China easily dump heaps of wastes. Wastes can be seen spilling in the river depository. Yangtze effluence Evident as it is, water contamination is primarily caused by industrial processes. From the observation of the visual evidence above, not only is water being affected, but the air is equally polluted. These emissions of toxic substances into the environment cost the Chinese government almost $69 billion annually, a figure that is spent on dismal efforts closely related to environmental conservation but which barely have any effect. Marquita Hill reports in Understanding Environmental pollution that China disposes about 11.7 million pounds of organic waste annually. This is mindboggling when you consider that industrialized nations such as the United States emits about 5.5, Japan emits around 3.4, Germany 2.3, India 3.2 and South Africa a paltry 0.6 (Hill, 2009). When you do the mathematics, Chinas emission is almost equal to all these five countries. This is intense pollution according to the statistics the rate is increasing endangering the human existence. There has been evidence of algae blooms in rivers and lakes caused by surface run-off during rainy seasons where industrial and farming chemicals are deposited in the rivers. Hill elaborates on how these run-offs result in the depletion of oxygen in the water leading to death of aquatic life. Chinese residents did try to curb this by pumping oxygen mechanically in water but the ultimate responsibility rests on the government to regulate the use of toxic industrial chemicals in these sectors. China aimed at cutting down on water effluence by ten percent from 2008 to 2010. It also attempted to clean Huai basin in Anhui Province in the 80s and 90s but those efforts foundered; $8 million dollars was spent on the project. It is clear currently that China must invest in river protection. China says water pollution double official figure, (Reuters 2010). According to this report China had grossly underestimated the levels of corruption posted in 2007. Apparently, the government estimation did not factor in the waste from agricultural activities, A study by Chinas Environmental Protection Agency in February 2010 said that water pollution levels were double what the government predicted them to be mainly because agricultural waste was ignored (Reuters, 2010). This unmasked the truth of the matter in China; the extent of Chinas environmental predicaments could be much worse! This also questioned whether the Chinese government is cognizant of its predicament and what measures it must take to reduce negative effects. Earlier in 2007, government reported it had reduced COD by 30 percent to 13.3metric tons. The article reports of extremely alarming statistics of water pollution which need quick action before things get out of manageable brackets. Coupled with both industrial and domestic emissions, the COD rose by 5 percent around the original one in 2007 (Reuter, 2010). China faces dual predicament of water pollution and scarcity. Its vast population is faced with severe water problem which is extreme in heavily populated cities. There are also cases of inadequately treated municipal waters which is unhygienic for human drinking. China therefore is forced to harvest or extract impure water especially in Yantai, Qingdao and Behai. China must supplement its water resources; straighten out any sluggishness in municipal facilities, equip sewerage firms with resources to treat toxic waste and properly channel the drainage system and enact laws to combat irresponsible industrial behaviors. In the country, most of the rivers have grade IV and grade V of pollution; these rivers are toxic and extremely unhealthy for human and living things use. It is the governments responsibility to clean the rivers and avert possible ecological disasters.

Implications of Chinese Capital Account Liberalisation

Implications of Chinese Capital Account Liberalisation If China does liberalise, few other events over the next decade are likely to have more impact on the shape of the global financial system. This also sets out a conceptual framework, identifying three separate factors which help explain why the scale of the subsequent movements in capital flows — both into and out of China — could be very large relative to the size of the world economy: (i) ‘Closing the openness gap’- There is a large gap between China’s current level of openness and that of advanced economies. Liberalisation will lead this gap to close, generating large flows in the process. (ii) ‘Catch-up growth’- China’s economic growth is expected to be relatively high over the next decade. So even if China’s capital flows do not increase relative to its own economy, they will relative to the world economy. (iii)‘Declining home bias’- Prior to the recent crisis, the global financial system became increasingly integrated. A resumption of these trends over coming decades would lead capital flows to increase both in China and globally. Summary chart Potential impact of capital account liberalisation on China’s international investment position Based on these three factors and some simple but plausible assumptions, the summary chart shows a hypothetical scenario for China’s global financial integration in 2025. It shows that China’s gross international investment position could increase from around 5% to over 30% of world GDP. The global financial integration of China has the potential to be a force for economic growth and financial stability not just in China but also globally. Global implications of Chinese capital account liberalisation The potential changes in both the magnitude and composition of capital flows outlined in the previous section would dramatically alter the financial landscape both in China and globally. In principle, capital account liberalisation in China could be a powerful force that enables the Chinese and global Implications for China For China, there are several potential benefits of liberalisation which can all be viewed through the broader lens of contributing to economic rebalancing. The Chinese economy is now starting to transition to a new model of growth, away from reliance on exports and investment as the key sources of demand. The new model of growth will therefore place a greater emphasis on consumption as a source of demand and an increase in the production of services relative to exportable manufactures. This is a challenging task and will require an ambitious agenda of structural reforms. Among these reforms, capital account liberalisation will play a key role. A removal of restrictions on outflows, for example, will allow Chinese companies and households to diversify their large pools of savings by investing in overseas assets. This should help to spread risk, reducing the need for precautionary saving and hence free up income for current spending. And it may also boost household income if returns earned on overseas assets are higher than on domestic assets (which is likely given that real deposit rates in China are currently negative due to  regulatory caps). China has the biggest banking system in the world by total assets but it is very domestically focused. If China’s banks were to diversify their balance sheets by expanding abroad — either directly through cross-border bank lending, or indirectly through lending to foreign affiliates — they may become more resilient to an adverse shock in their home market and so be better able to maintain lending to domestic companies and households in China. Allowing more channels for inflows, on the other hand, will help to deepen and diversify China’s financial system, providing alternative sources of capital for Chinese borrowers. Should liberalisation also lead to lower reserve accumulation, it could lead to an improvement in China’s fiscal balance since the return on its FX reserves is lower than the cost of sterilising those purchases. And if it were accompanied by a more flexible exchange rate regime (as was suggested by the Third Plenum), it could allow China to operate a more effective monetary policy, increasing its ability to respond to domestic shocks. All of these factors should promote China’s rebalancing and its transition towards a new model of growth. But there are also risks. There are several notable examples where capital account liberalisation has resulted in instability. The most recent, perhaps, was the Eastern European countries where large capital inflows contributed to unsustainably rapid cr edit growth that ultimately culminated in economic and financial crisis in 2008 (Bakker and Gulde (2010)). Chinese policymakers will need to ensure they have sufficient scope to set policy to offset shocks that could pose risks to economic and financial stability. It will be particularly important to sequence carefully external liberalisation with appropriate domestic macroprudential and microprudential policies to mitigate risks from excessive credit growth and asset price volatility. One concern is that by opening the financial gates, some banks and, ultimately, borrowers in the Chinese real economy may find themselves faced with a shortage of liquidity. China’s banking system is heavily reliant on domestic deposits for its funding, which account for around two thirds of total liabilities. A reallocation overseas of even a small share of these deposits could therefore cause funding difficulties. By  enabling higher real returns for Chinese domestic savers, however, domest ic interest rate liberalisation could help to reduce these risks. Another set of risks are related to inflows. In the short run, there could be indigestion in China’s asset markets, which are still small relative to potentially large inflows of capital. And over a longer time period, inflows could lead to an unsustainable build-up of maturity and currency mismatches in national balance sheets (for example, long-term domestic investment funded by short-term overseas FX-denominated borrowing). Large mismatches are susceptible to unwind in a disorderly way, as was the case for some Asian economies in 1997–98. Finally, the risks arising from a more flexible — and potentially more volatile — exchange rate would need to be effectively managed. Which of these outcomes — more sustainable growth or a rise in instability — would dominate will depend on the accompanying policy framework. The empirical evidence on the costs and benefits of financial openness tends to suggest that countries benefit most when certain threshold conditions — such as a well-developed and supervised financial sector and sound institutions and macroeconomic policies — are in place before opening up to large-scale flows of capital (Kose et al (2006)). This underscores the importance in China of careful sequencing of capital account liberalisation alongside other domestic reforms such as domestic interest rate liberalisation, development of effective hedging instruments and enhancing the microprudential and macroprudential regimes. Implications for the rest of the world From the perspective of policymakers outside of China, it is important to understand how capital account liberalisation might ‘spill over’ to affect other economies. Four such channels are discussed below, although there are undoubtedly others. Greater exposure to the Chinese financial system If liberalisation has a large impact on the Chinese economy or financial system, it is also likely to have a significant impact in other countries as well. Although China’s economy is already considered able to generate material spillovers onto other economies (International Monetary Fund (2011b)), the process of capital account liberalisation will likely increase its systemic importance even further, by magnifying existing transmission channels, while also creating new ones. Foreign households, businesses and financial institutions will increase the amount and the number of their claims on China, while those in China will do the same with respect to the outside world, thereb y deepening the complex web of financial interconnectedness. If China does hard-wire itself into the global financial system, it will bring important benefits in terms of risk-sharing. Households that purchase Chinese assets whose returns are not perfectly correlated with their own income would be better able to smooth consumption. And foreign banks that  expand in China would diversify their earnings base and potentially enhance their resilience. The flipside of increased interconnectedness, however, is that the global financial system will be more sensitive to shocks originating in China. Increased holdings of Chinese assets, for example, would imply greater exposure to fluctuations in their price. Greater reliance of global banks on Chinese banks for  funding, in turn, would bring about the possibility of a liquidity shortage if those banks were to repatriate funds in response to balance sheet pressures back home.(1) Increase in global liquidity If China’s financial walls are lifted, some of its vast pool of domestic savings will migrate into global capital markets, providing a significant boost to liquidity. The illustrative scenario in Chart 5 suggests that these flows could amount to a substantial share of world GDP. A new source of global liquidity from China could lead to several beneficial effects, particularly during a period where the world’s financial system is becoming increasingly fragmented and retreating into national borders (Carney (2013b)). As well as providing a new source of finance for borrowers, it could lead to a more diversified and more stable global investor base. At the same time, however, a rapid increase in liquidity from China could lead to absorption pressures in some asset markets in the short run, which could lead to a mispricing of risk with adverse consequences for financial stability. Increased global role of the renminbi Greater international use of the renminbi would add another dimension to the global impact of capital account liberalisation. Potential benefits include lower transaction costs and a reduced risk of currency mismatches. But it may also amplify the international transmission of Chinese policy and domestic shocks, of which policymakers around the world will need to take into account. Take the following hypothetical case: a country purchases a large proportion of its imports from China and its currency depreciates against the renminbi. If the prices of those imports are set and invoiced in the domestic currency of that country, the depreciation would not automatically lead to an increase in their price and hence no response in domestic monetary and fiscal policy would be needed.(2) If, however, the imports were invoiced in RMB, then their price would increase in line with the exchange rate depreciation, leading to domestic inflation. Moreover, a country that had no trade with China but whose imports were set and invoiced in RMB — such that the RMB would be a ‘vehicle currency’ — would need to respond to macroeconomic or policy fluctuations in China that affect the exchange rate and feed through into domestic prices of that country. There is a body of literature which finds evidence of these invoicing effects for the US dollar, as the world’s most international currency. Goldberg (2010) finds that for non-US economies, large use of the US dollar in reserves and in international transactions is typically associated with greater sensitivity of trade, inflation and asset values to movements in the value of the dollar relative to the domestic currency. However, as discussed above, it would likely take much longer than a decade for the renminbi to take on a similar role to that of the US dollar today. Global imbalances The literature on the causes and consequences of global imbalances is as vast as it is inconclusive. According to one influential perspective, the large imbalances in current account positions that accumulated over the past decade partly originated in high net saving rates in developing Asian countries (Bernanke (2005). If true, capital account liberalisation in China could potentially help to alleviate these imbalances to the extent that it leads to a reduction in China’s net savings and correspondingly its current account surplus (although clearly the impact of this on overall imbalances would depend on the corresponding adjustment in other countries). This may occur either because liberalisation lowers the incentives for precautionary saving or because it leads to a more flexible and higher exchange rate. But even if Chinese capital account liberalisation were to lead to no reduction in global imbalances, it could still help to lessen some of the adverse consequences relating to these imbalances. There is evidence that reserve accumulation by foreign governments can materially depress the risk-free interest rate in the United States (Warnock and Warnock (2009)) which, in turn, may encourage excessive risk-taking behaviour globally. So to the extent that Chinese capital account liberalisation were to result in a switch in the composition of outflows, away from reserve accumulation by the central bank and towards overseas investment in riskier assets by other Chinese residents, this may reduce some of the downward pressure on government bond yields and related rates i n the United States and globally. Of course, this would bring other challenges. But in the longer term, it could be beneficial for the stability of the international monetary and financial system as a whole. Conclusion If China continues to liberalize its capital account over the next decade or so, it is likely to be a force for development and constancy not just in China but also for the international monetary and financial system. While this process will be companied by new and important risks, it falls to international bodies and national authorities to monitor and take appropriate policy actions to mitigate such risks. This will not be a petty task. As we already know Chinese capital account liberalisation could lead to striking changes in the global financial landscape, policymakers will be facing uncharted territory. In order to succeed, policy cooperation between national authorities is necessary, both to increase understanding of the risks and to develop common policy approaches. Currently the Bank of England is working intimately with the People’s Bank of China regarding the development of offshore renminbi activity in the United Kingdom and will continue to seek other ways to suppo rt a successful integration of China into the global financial system.

Perfect, but not too Perfect :: essays research papers fc

PERFECT, BUT NOT TOO PERFECT Once in a village long, long ago, there was a home with a family inside of it. And in that family was a father, a mother, a brother, a sister, and a grandmother. In this village it rained all the time. More than London, or the Amazon or all the rainforests in the world combined. In this village also were a church, a store, a mill, and a monument for the chief: Jades Samoa. This wasn’t a village like in Africa or Cambodia, but a very nice village. The people wore amazing clothing. Better than any fashion brand today. The buildings wore made perfectly with smooth glass, smooth brick, and the smoothest wood. These buildings could withstand anything from a simple hurricane to a giant monsoon. The villagers drank the purest water and the finest wine. They were elegant, graceful, civilized, and always stood straight up. There were fantastic parties thrown every night and the people gathered and talked and laughed bout there lives. There beautiful and perfect lives. All the children were given the finest educations by the most brilliant adults; whom were smarter than Leonardo DaVinci and Albert Einstein would ever fathom to be. The streets were made of pure diamond and the lampposts of ivory. The cars never used any energy and never depreciated. They had plush seating made of soft leather. Every home was built according to the family, but every home was very large and spacious. They contained the finest furniture and the finest robotic staff that never became tired and always completed every demand made by their masters.

Incidents In The Life Of A Slave Girl Essay -- Harriet Jacobs

Harriet Jacobs wanted to tell her story, but knew she lacked the skills to write the story herself. She had learned to read while young and enslaved, but, at the time of her escape to the North in 1842, she was not a proficient writer. She worked at it, though, in part by writing letters that were published by the New York Tribune, and with the help of her friend, Amy Post. Her writing skills improved, and by 1858, she had finished the manuscript of her book, Incidents in the Life of a Slave Girl. L. Maria Child, a prominent white abolitionist, agreed to edit Jacob's book, although she apparently did little to alter the text except to rearrange some sections, suggest the removal of one chapter, and add material to another. In a letter to a friend, Child wrote, "I abridged, and struck out superfluous words sometimes; but I don't think I altered fifty words in the whole volume." The subject matter of the book -- sexual abuse of slave women -- was taboo in the mid-19th century, and Harriet had struggled over whether or not to expose herself so publicly. But she realized the significance of her story and so decided to go ahead, although she wrote under the psydonym, Linda Brent, and assigned fictitious names to everyone mentioned in the book. Child, too, was aware of the story's significance, writing in the book's introduction: "I am well aware that many will accuse me of indecorum for presenting these pages to the public; for the experiences of this intelligent and much-injured woman belong to a class which some call delicate subjects, and others indelicate. This peculiar phase of Slavery has generally been kept veiled; but the public ought to be made acquainted with its monstrous features, and I willingly take the respon... ...e program in African-American Studies. She is the author of several acclaimed books and editor of the Penguin Classics edition of the Narrative of Sojourner Truth. Through the war years, Harriet Jacobs lived in Washington, D.C., assisting contrabands, nursing black troops and teaching. After the war, she and her daughter did relief work in Savannah and Edenton. In 1868, they traveled to London to raise funds for an orphanage and home for the aged in Savannah. The year before her death in 1897, she was actively involved in organizing meetings of the National Association of Colored Women in Washington, D.C. She is buried in Mount Auburn Cemetery, Cambridge. For nearly a century, the authorship of her book was questioned, but a new edition published in 1987 by Harvard University Press named Harriet Ann Jacobs as the true author of Incidents in the Life of a Slave Girl.

Divorce - Cause and Effect :: Cause and Effect

Divorce Cause and Effect In today’s society, divorce is more the norm than ever before. Forty percent of all marriages end in divorce. Divorce defined by Webster is the action or an instance of legally dissolving a marriage [1]. Divorce itself is both a cause and an effect. Some of the causes of divorce include the lack of money, sexual indiscretion and the ease of getting a divorce. These are some of the most common causes of divorce. Further, the effects of a divorce seem insurmountable when comparing the grief it causes on both parties. This paper will describe some of the causes and effects of a divorce. Many people cite money as a cause of divorce. In fact, the statistics of a survey conducted by Citibank on divorce in the United States suggested that more than fifty percent of divorced couples cited money problems as the cause of their divorce [2]. I believe that money has a role in society and in marriage. However, the lack of money does cause discord between a married couple. This can be referred to as financial incompatibility, which is based on the views that each partner has of the partnership of marriage from a financial viewpoint [2]. Further, he/she should also think about the effects of divorce on their financial situation. Also, they should know that divorce does not solve financial problems. Instead, the divorce must be paid for and the divorced couple must now set up two households instead of one. Further, This is a classic example of why divorce is not necessary and sex indiscretion is. Sexually indiscretion is the second leading cause of divorce. Sexually indiscretion should never happen if you truly love your mate. When you commit sexual indiscretion you’re sending out a signal that you mate is not enough for you. In doing this you break a bond between you and your mate. The effect of sexual discretion is diverse stating. This will lead to a lack of trust between both parties involved. This particular bond once broken can not be mended in most cases. However, when sexually indiscretion is committed a divorce is inevitable. Once a divorce is inevitable due to sexual indiscretion it is easierly attained. In the opinion of some, the no-fault divorce laws have led to the increased rate of divorce. The increase is contributed to the inexpensiveness of getting a divorce, because of the no-fault laws.

ISO 9000 and SEARS Quality Management System Essay

What issues do you think that a large company such as sears had to face in implementing ISO 9000 across its vast organization? Implementing ISO 9000 is not an easy task. The ISO 9000 standards originally were intended to be advisory in nature and to be used for two-party contractual situations and for internal auditing. Rather than a supplier being audited for compliance to the standards by each customer, the registrar certifies the company, and this certification is accepted by all of the supplier’s customers. Using ISO 9000 as a basis for a quality system can improve productivity, decrease costs, and increase customer satisfaction. It also have resulted in increased use of data as a business management tool, increased management commitment. As Sears is concerned after an eight year effort, the company registered its product repairs centers and in-home services quality management system to ISO 9001. The original ISO 9000:1994 only required that the organization have a documented, verifiable process in place to ensure that it consistently produces what it says it will. ISO 9000- focuses on Fundamental and vocabulary. This document provides fundamental background information and establishes definition of key terms used in the standards. How are the ISO 9000:2000 Quality management principles reflected in this example? How might these principles have helped sears address the issues you identified in the first question? Is a response to the widespread dissatisfaction that resulted from the old standards. The new standards have a completely new structure, based on eight principles – â€Å"comprehensive and fundamental rules or beliefs for leading and operating an organization† that reflect the basic principles of total quality. These eight principles were voted on, and overwhelmingly approved, at a conference in 1997 attended by 36 representatives of countries that have delegates in the TC 176 committee, charged with the responsibilities of revising the ISO 9000 standards. The eight principles consisted: customer focus, leadership, involvement of people, process approach, system approach to management, continual improvement, factual approach to decision making, mutually beneficial supplier relationships. This standard focuses on developing, documenting,  and implementing procedures to ensure consistency of operations and performance in production and service delivery processes, with the aim of continual improvement, and supported by fundamental principles of total quality.

Analysis and Application

1. Did Officer Smith have reasonable suspicion to make the initial stop of this vehicle? Reasonable suspicion is based on the understanding of circumstances of a person experienced in the field of criminal law. Another way of putting it is a criminal justice professional acting on more than a hunch but less than probable cause [ (quiz law) ]. Based on the definition of reasonable suspicion, Officer Smith did in fact have reasonable suspicion to make an initial stop of the vehicle because not only was a tail light broken which is a traffic law violation but the vehicle matched a general description of the vehicle that was suspected in the roadside killing of another Police Officer. 2. Was the â€Å"pat-down† of the driver legal?  A â€Å"Pat Down† is a quick search of a person’s being in order to determine if any weapons are present. A â€Å"Pat Down† is necessary to ensure the safety of the law enforcement agent and other civilians [ (Kiefer, 2009) ]. According to the case Arizona V. Johnson Officer Smith’s pat down of the driver was legal. Since the description of the car was the same as car used to kill other officer, Officer Smith had reason to fear for his life, therefore had the right to check or weapons. 3. Did exigent circumstances exist for Officer Smith to give chase to this vehicle? Exigent Circumstances means emergency conditions. Circumstances that would cause a reasonable person to believe that any relevant prompt action was necessary to prevent physical harm to the officers or civilians, the destruction of relevant evidence, the escape of a suspect, or some other consequence improperly frustrating legitimate law enforcement efforts (The lectric law library, 1995-2011). According to cased United States V. McConney (United States V. McConney, 1984), Exigent circumstances did exist for Officer Smith to Chase the vehicle in question because the driver obstructed justice by not providing the officer with her license and registration. Also the driver unusual action of speeding off before the stop came to an end also gave Officer Smith reason to give chase to the vehicle. 4. Was the gun in â€Å"plain view† and legally obtained?  Ã¢â‚¬Å"Plain View† authorizes seizure of illegal evidence visible to a police officer if the officer’s access to the object has a Fourth Amendment justification [ (Cliff Roberson, 2007) ]. According to the plain view doctrine the gun was in plain view because he could see if without physically moving anything or opening anything, but not legally obtained because she was not able to consent to the search of her car due to her being injured in an accident stemming from the chase. 5. Will the marijuana baggie be admissible evidence?  The marijuana will not be admissible in court unless the driver is found to be under the influence of the substance at time of accident because the previous exigent circumstances and reasonable suspicion would be deemed irrelevant due to the fact that the original reason for the stop which was the broken tail light was not in fact broken making the stop improper. Without the stop the officer would not have recognized that the vehicle fitted the description of suspect vehicle and Officer Smith would not have patted down the driver or asked for the driver’s license or registration, which in turn the driver would not have sped off inviting a chase from Officer Smith. Basically, with the reasonable suspicion and exigent circumstances the evidence found is irrelevant.

Maslow’s Hierarchy of Needs Essay

Abstract This paper will explain Maslow’s triangle and its application to interpersonal communications. An explanation will be given how the interpersonal communications, based off of Maslow’s triangle, can be used as an interview and interrogation tool. Examples will be provided of a personal experience that directly relates to the vertical progression through Maslow’s triangle. When Maslow’s hierarchy of needs (Maslow’s triangle) is understood, it is easier to understand another person and have better more effective interpersonal communication. Maslow’s triangle is a set of needs that must be met and people are self-motivated to fulfil the needs. Maslow’s triangle can be used during interrogation and interview as a means to build trust a rapport. Maslow’s hierarchy of needs can be divided into two parts, basic needs and growth needs (McLeod, 2014). To elevate to a higher need, the needs at the current level must be satisfied. The basic needs are believed to be self-motivating and the longer they go unmet the greater the desire for them becomes. For instance the longer one goes without sleep then the more tired they become and soon the body will breakdown. The bottom of the triangle is physiological needs. These are the most basic needs for survival such as food, water, breathing, sex, sleep, homeostasis, and excretion. The next level is safety needs which consists of protection from elements, security, order, law, stability, and freedom from fear. Love and belongingness needs is the third rung and is comprised of friendship, intimacy, affection and love, from work group, family, friends, and romantic relationships. The final basic need is esteem needs which includes achievement, mastery, independence, status, dominance, prestige, self-respect, and respect from  others. The top of the triangle, and the growth need, is self-actualization needs, made up of realizing personal potential, self-fulfillment, and seeking personal growth and peak experiences. Maslow believed that people have an inborn desire to be self-actualized (Cherry, n.d.). Self-actualization is when a person reaches their full potential. Understanding human needs can be a used persuade people as they are already self-motivated to fulfil their needs. This can be used by both preventing the obtainment of a current need or by providing a current need. In the later one can build rapport with the subject by providing the needs. This can further lead into security or love and belongingness where you as an interrogator or interviewer can be the stability or friendship need that is missing. By filling in the need you can passively be purvey to more information or even take a more aggressive quid pro quo stance. Furthermore you may even give an ultimatum that if the information you seek is not provided then the fulfilled need will be taken back leaving a deficiency. As this relates to my personal experiences and my progression through the hierarchy of needs, I am no different than anyone else and I must have fulfillment of one level before ascending to the next. I have been fortunate enough that air and water have always been present in my life. Sleep is sometimes lacking and can affect my health but on the whole a sufficient amount of sleep is met. Being that the lowest level needs have been generally fulfilled the next level is considered. Safety needs have generally been provided given that safety of employment was sufficient. While employed in the active duty military I had job security providing money that provided safety in resources. Safety in employment allowed the lower level item such as food to always be fulfilled as well as safety of property a need of the second tier. Employment allowed advancement into both the third and fourth levels as I was part of a family both in occupation and able to provide for one at home. I also had friendship within the employment and much respect both from self and others as well as a sense of achievement. This had much to do with the type of occupation being what it was (military). This all fed into a greater self-esteem and then into the top tier of the triangle, growth and self-actualization. The other side to  this is that when I was no longer in the active duty military and I lost the fulfilment of safety of employment I much of the fulfilment of other needs. I lost the steady monetary income and in direct correlation I lost safety of property as I was never sure if I would be able to make my house payment. Being able to provide for my family was always a question and this greatly reduced my self-respect and respect from family and relationship within the family dynamics. I was not sure if I would be able to always meet to need of food. My focus was fulfilling that unmet need, the need for safety of employment. At no time after I had a deficiency in level two of the triangle was I ever considering my self-actualization or full potential let alone even confidence or achievement from the level below that. When Maslow’s hierarchy of needs is understood, it is easier to understand another person and have better more effective interpersonal communication. The needs laid out in Maslow’s triangle can be used during interrogation and interview. They can be used as a means to build trust a rapport and or persuasion and coercion. References (n.d.). Retrieved from wikimedia,org: http://upload.wikimedia.org/wikipedia/commons/5/58/Maslow’s_hierarchy_of_needs.svg Cherry, K. (n.d.). Hierarchy of Needs. Retrieved from About Education: http://psychology.about.com/od/theoriesofpersonality/a/hierarchyneeds.htm McLeod, S. (2014). Maslow’s Hierarchy of Needs. Retrieved from Simply Psychology: http://www.simplypsychology.org/maslow.html Tay, L., & Diener, E. (2011). Maslow’s Hierarchy. Retrieved from Changing Minds: http://changingminds.org/explanations/needs/maslow.htm

Media Violence: Effects on Youth

Media Violence: Is It Corrupting Our Youth? Ever since the Columbine massacre, there has been many people who blame video games for violence among our youth. In the past few years, it has become normal for all branches of media to depict violence as an everyday thing. Because a vast majority of children watch television or play video games, it is no wonder that adults try to make the connection between the two. Although the media can have an affect on kids, there are also a great many socio-economic factors involved in a child’s behavior. This is the problem our society faces now that some people say the media can influence your psyche, perspective, and overall behavior, but so do your friends, so do your parents, so do your teachers, so do books. The real question is who is to blame? Movies, music, television shows, video games, none of these things actually make people commit crimes. Violence in the media and the real world rise in violence among children is not a cause but merely a coincidence. A person is an accumulation of their real life experiences. Children do not turn into a crazed maniac after playing a computer game or seeing a movie with violence. The easiest place to obtain a mind for violence is from a home setting. Adults want to find an outside source for the growth in violence among children instead of taking the blame first hand. It is the parents, those actually responsible for this corruption, who try to suggest otherwise and negligence on the part of those who seek to find a different cause. Adults seem to steer away from the increasingly true fact that our whole American society is doing this to its younger generation, and not just the media. To prove this, news reports after the Columbine massacre in which two troubled teens go on a murderous rampage, attribute the kids actions to a violent game called â€Å"DOOM†. The media is not the problem, because kids will act violent regardless. This tragedy was a result of a mixture of bad peers, bad home life, and the friendship of two people who had anger problems. The parents would have based their actions off of something else if they did not have games like â€Å"DOOM† to avoid scrutiny. Many times kids have outbursts of odd or dangerous behavior that they know will get them in trouble, but instead of taking the blame, they attribute it to some other source, although in this case, it is the parents and news media who do this. An example of this type of behavior is the circumstances surrounding the famous Salem witchcraft trials, where young girls resorted to blaming their unholy actions solely on another person or the devil. These days, the â€Å"devil made me do it† and â€Å"witchcraft† excuse has lost its credibility. Now people have to find something else to take the blame and what easier target than a violent videogame. It was not DOOM that made these kids do what they did, but a mental instability, a penchant for violent behavior, and other psychological factors that did. Sure, they can model their multiple homicides after their favorite video game or death metal lyric, but in the end, they still killed people because they were mentally unstable and antisocial. I firmly believe a greater fault in issues like these lay with the parents, as they are ones that are supposed to teach their kids right from wrong. Later in the investigation, the attention did finally turn to the parents and what they did wrong, but the bad light that had already been put on those types of media has never vanished. With each of these types of cases, rarely do we ever hear of investigations of how these children were raised or what their environments they grew up in were like. A cause for the rise in violence is the fall in interaction between kids and their parents, which can create mental separation where the child does not feel important. This could cause kids to act out, mainly through violence, to get attention from the adults. Parents need to step up their parenting skills and do what they need to do, instead of pointing fingers at everyone else. If these kids are troubled, anything can trigger violence and misbehavior. We have natural logics that develop to what is right and wrong and what is fact and what is fiction. One of the key factors in this development is the parents and other adults in the child’s life. Adults are more influencing to kids than TV shows and video games, so adults should take responsibility for how the child acts. If parents seriously believe that violent media is doing this to their kids, then they should control what the kids can and cannot be exposed to. There are plenty of examples of how not to behave out there. It is up to each person and/or their parents to decide what is and is not acceptable behavior to emulate and fill his or her head with. At the end of the day, regardless of the outcome, we are responsible for our actions. If a person were to compare violence in youth here in the United States and violence in youth in the rest of the world, the person would see that there is little if any correlation between media and violence. It is the people who raise the kids who corrupt them and not the media. Personal responsibility has been slowly eroded over the last twenty years to a point where people are no longer responsible for being morbidly obese or going on crime sprees and murdering people. Personal responsibility is not only a moral and ethical imperative for society; it is liberating and strengthening for an individual. This type of blame shifting is at the core of what is wrong with society today. People need to stand up, take responsibility, and finally make a change.

The ways of promotion 5 specific franchised hotels (Hilton, SolMelia, Literature review

The ways of promotion 5 specific franchised hotels (Hilton, SolMelia, Marriott, Mandarin Oriental, Jumeirah) through technology - Literature review Example To achieve this goal, the company espouses saving scarce water resources for future needs. The company also lessens current energy use to allowable levels. The company espouses the use of reusable energy. The company implements activities that will serve as guides for future environmental protection programs (Pride, 2012, p. 33). Further, Hilton Hotel’s Senior Vice President Mike Ashton emphasized the company’s social marketing strategies include offering its hotel guests perks. The perks include access to seamless internet, mini bars, movies, fax machines, and other communication amenities. The Hilton Hotel amenities will outshine the privileges of its competitors in the global hotel market place, including Marriot group of hotels, Sheraton hotel group, and Intercontinental hotel group. Hilton’s Ashton reiterates that the current marketing strategy builds unwavering customer confidence in the Hilton brand, generating the customer’s emotion –based p rerogative (Tungate, 2008, p. 148). Further, Marriott Hotels group’s Chairman Bill Marriott writes posts onto the company’s social networking blog sites. The posts are arranged according to blog publication date. In addition to the date arrangement, the blog posts are also arranged according to blog topics. Mr. Marriott’s posts pertain to several customer topics. The topics include food, travel, sports, politics, movies, and books. Mr. Marriott’s blog sites are classified by the blog site visitors as reliable and up to date. However, people classify the neutral social networking sites as more reliable compared to Mr. Marriott’s self-serving website blogs (Rosen, 2011). Another news item states that Hilton uses advertising to increase hotel reservations (Anonymous, Hilton Garden Inn "Speaks Success" With New Adverstising Campaign, 2011). The Hilton group of hotels uses the popularity of mobile phone texting and other social networking environments t o transform the current Hilton group of hotels marketing campaign a two notches higher. The Hilton group of hotels communicates with its current and future customers by using acronyms. The acronyms are used to explain the many benefits of having one’s sound sleep within one of the cozy rooms of the Hilton group of hotels. The hotel uses the social networking sites to reach out and move the undecided tourists to make a reservation in any of the Hilton group of hotels’ global locations. The company’s 2011 marketing strategy focuses on two things. First, the company will understand the current and future customers’ languages. Next, the company will includes speaking the current and future customers’ language in communicating the company’s many benefits to the attentive future customers. Hilton group of hotels’ Vice President Judy Christa Cathey, in charge of global marketing, reshapes the current company policy to speaking the customersà ¢â‚¬â„¢ language. This means that the company’s officers and employees will do their best to put themselves in the current and future customers’ shoes. The line and staff employees of Hilton group of hotels will think as the prospective customers think. This way, the company’s line and staff employees will be able to think ahead of the customers. The company’s officers will not have to wait until the customers’ will explain what is in their demanding mind. The company will offer amenities that will meet the customers’ current and future needs. The policy will increase hotel re

Surplus value on Karl Marx Essay Example | Topics and Well Written Essays - 1000 words

Surplus value on Karl Marx - Essay Example This paper seeks to discuss Karl max’s definition of surplus value and how he attempted to solve the puzzle of surplus value. The paper will further discuss why Marx believed that his solution to the puzzle gave him insight into some of the general dynamics of capitalism. The Surplus Value Karl Marx argued that capitalists manage to use laborers to produce the value of a commodity but the laborers get a portion of that value. The portion of the value that gets left with capitalists is the surplus value according to Marx (Foley 100). Marx sought to establish the secret used by capitalists to convince laborers to provide their labor at a relatively lower wage than the value they create with their labor. Max got puzzled by how these capitalists manage to do so more so in a political capitalist system. These political systems seemed to champion for equal legal and civil rights to workers and capitalists. In one of his analysis to establish the source of surplus value, Marx establi shes that the cost of goods sold is the money used by a capitalist to buy commodities to start production. He further establishes sales revenue as the larger sum of money that the capitalist ends up with while the gross profit is the surplus value (Foley 100). This was according to Marx, the source of surplus value. ... When buyers pay more for a commodity than the value of the labor used to produced it, that value can be passed to the buyer, but the seller’s gain becomes the buyer’s loss. Although some economists argue that surplus value is the reward awarded to capitalists for their contribution to production, Marx argues that the magnitude of this reward is too significant to be justified. This enabled Karl Marx to address the exploitation imposed on laborers by the capitalists. Marx’s solution to the puzzle of surplus value gave him an insight into other dynamics of capitalism. One such dynamic is the exploitation capitalism imposes on the laborers. Capitalism entails that the surplus value consistently increases with time (Foley 138). In order to increase surplus value, the capitalists would be required to engage laborers more in their work. Capitalists continue to live a lavish life due to the increasing surplus value. The living standards of the laborers, on the other han d, either stagnate or decline. This, according to Marx, would create a society with a wide range between the capitalists and the laborers. The laborers would be confronted with an ever rising power of production and their diminishing control on the fruits of this production (Foley 100). This could lead consequently to laborers protesting for an increase in their wage. When the capitalists get to increase the wages of the laborers, they increase the price of the goods they produce so as to ‘cover’ for the extra wages given to laborers. Marx saw this is a circular flow which in its very essence would still exploit the laborers. Marx, however, fails to address the vital role played by the surplus value in the growth and development of a society. Capitalists use this value to reinvest in their

The marketing of foods and non-alcoholic beverages to children Essay

The marketing of foods and non-alcoholic beverages to children. Setting the research agenda - Essay Example 182-84). In that context, four issues in marketing that need more research to help correct where the problem is and save the children from childhood conditions arise, which include: This paper analyses the article on the basis of the four issues, which includes supporting the available evidences. According to Hastings (2003), in the UK, children are exposed to widespread advertising, and the advertised diet does not meet health standards recommended by healthcare experts (p. 5). In the same perspective, a study by Kelly, Baur, Bauman, King, Chapman, and Smith (2011) noted that sport sponsorship by food firms is extensive and investment of the industry in this marketing is enhanced. Companies in this group include KFC, and McDonalds amongst others. According to Hastings, McDermott, Angus, Stead and Thomas (2006), corporate sponsorship of organizations and events represents a kind of food and beverage where children are highly exposed. According to IEG sponsorship report (2010), sponsorship represents the fastest expanding kinds of marketing with industry spending on the entire sponsorship promotions augmenting by 22% from 2007 to a worldwide value of US$46.3 bil lion. It further indicates that this growth in spending on sponsorship surpasses that of other sales and advertising promotions. Kelly and colleagues (2006) sought to explain why children are very exposed and found in the study by Story and French (2004) that children are Key stakeholders in their parents’ choices. Story and French (2004) found that children are seen by the food industry as a pivotal market sector, as they influence their own purchases and their parents. According to them, developing brand loyalty at that young stage of life also looks for guaranteeing lifelong product purchases. Therefore, it is necessary for the food and beverage companies to advertise to children as they are Key stakeholders. However,

Applied international macroeconomics projet between 1956 1986 Essay

Applied international macroeconomics projet between 1956 1986 - Essay Example Tunisia, officially known as the Tunisian Republic, is a country situated on the Mediterranean coast of North Africa, bordering with Algeria to the west and Libya to the southeast. Tunisia got its independence from the French colonialism in March 20, 1956 and Habib Bourguib became the president of new state. He established a strict one-party political system with a strong hold on economy and state resources and their allocation. One of Tunisia’s outstanding characteristics is its remarkable economic development, sustained over many decades and currently driven by a process of market liberalization and integration into world markets (Country Cooperation Strategy for WHO and Tunisia 2005–2009, 2006, p. 7).Historically, Tunisian economy has gone through fluctuating periods of growth and instability. Its has gone through a transition period of a centrally planned to a more privately managed economy and stabilization and later as a structural reform programs.The purpose of f ollowing paper is to briefly highlight the important aspects of Tunisian economy during1956 to 1986 period. The paper discusses important economical during this era by splitting it into two sub-periods; namely;- Transition period of a centrally planned to a more privately managed economy and the stabilization (1956- 1970), and - An era of structural reform programs (1971- 1986).Tunisia, officially known as the Tunisian Republic, is situated on the Mediterranean coast of North Africa, bordering with Algeria to the west and Libya to the southeast. ... crisis and instability. Its has gone through a transition periods of a centrally planned economy to a more privately managed economy and the stabilization (since 1956 to 1970) , and structural reform programs 1986-87. W can divide this entire period of economic developments into two sub- periods namely; - Transition period of a centrally planned to a more privately managed economy and the stabilization (1956- 1970), and - An era of structural reform programs (1971- 1986). Transition Period of a Centrally Planned to a more Privately Managed Economy and the Stabilization ;1956- 1970. At the time of independence in 1956, Tunisia was facing a crippling economic position mainly because of the huge transfer of money abroad by the wealthy Europeans, who had left the country. Yet the country and its leadership were quite optimistic and had strong determination in their potential and progress. They set their targets mainly focusing on education, modernization agriculture and infrastructure and industrialization and heavily invested in these sectors. Although these were fine priorities, yet unfortunately in sixties, they could not reap enough of the benefits to the masses because of their long term investment requirements and strict government policy control over theses sectors. During this period per capita income could not increase with an increase in investment. Government strict policy control over economy resulted a rapid increase of money supply and aggregate demands. These factors considerable increased the inflation rate and above all raised foreign payment imbalance. More than 70% of investment was public. More than half of total investment was based on

Language development& early literacy in multilingual context Essay

Language development& early literacy in multilingual context - Essay Example In multilingual contexts, the learning experience and process of the first language significantly affects the acquisition of the second and other additional languages (Robertson and Nunn 2006). Basing on this, this essay tries to highlight the role of an early childhood practitioner in the learning process. It highlights the appropriate planning and implementation of the learning process in such contexts. This essay explains the childhood language learning process, together with the factors affecting language development. It also discusses the current approaches in childhood language learning and gives ways that can be used to improve the process. Before writing this essay, a number of ethical issues and confidentiality have been taken into account. The first thing that has been taken into account is to provide information that has no bias. This essay tries to provide practices and theories that can be used all over the world to better the learning process in early childhood learning centers. In addition to this, this essay cites all the sources from which the information used has been obtained. This will help readers to read more about the topic in case they need more inf ormation (Wang 2011). Language development at an early age is an important process and needs keen concern and support. It forms the foundation on which future language learning and literacy acquisition is build. The degree and ease with which children learn a language can also be a great predictor of future academic success and has many long-term implications in the social and economic sectors. This affects the development and interactivity of individuals in a family and in the society. Many things in the society affect language learning at an early age. This is because, during the learning process, a child always interprets information from the environment and forms his or her own perceptions of what language is and of how to

Academic freedom in the classroom Essay Example | Topics and Well Written Essays - 750 words

Academic freedom in the classroom - Essay Example They believe that the instructor’s profession has nothing to do with the social or political issues happening around them and they must strictly adhere to the academic syllabuses. On the other hand, some others believe that the learning of a student would not be perfect if he fail to learn from the surroundings. Students are living in the society and the basic aim of the education is to make the students capable of living a healthy social life and to make them good citizens. For that purpose it is necessary for them to learn about the present things happening around them as well. This paper discusses these two different views briefly. KEVIN BARRETT, a lecturer at the University of Wisconsin at Madison, who has a one-semester contract to teach a course titled â€Å"Islam: Religion and Culture,† acknowledged on a radio talk show that he has shared with students his strong conviction that the destruction of the World Trade Center was an inside job perpetrated by the American government (Fish, 2006). It is evident that Mr. Barrett has expressed only his opinion about the trade centre destruction. It is a fact that sometimes such premature opinion by a professor would mislead the students. On the other hand, in order to analyze different dimensions of an issue and also to develop critical thinking, such opinions might be helpful. It should be remembered that the topic academic freedom has nothing to do with the content. ‘Critics charge that the professoriate is abusing the academic freedom in four ways: (1) â€Å"indoctrinate† rather than educate; (2) fail to present conflicting views on contentious subjects, thereby depriving students of educationally essential â€Å"diversity† or â€Å"balance†; (3) intolerant to students’ religious, political, or socioeconomic views, thereby creating a hostile atmosphere in the classroom; and (4) interject material, irrelevant to the subject of instruction’ (Report "Freedom in the classroom, 2007) It is a fact

Globalisation of Markets Essay Example | Topics and Well Written Essays - 2750 words

Globalisation of Markets - Essay Example Globalisation of Markets Levitt’s research relies on secondary data, observation and statistical evidence pertaining to the globalisation of markets via technological innovation and the emergence of global products. He does not define his research strategy, nor does he clearly specify his data sources. This, however, does not detract from the value of his study as what emerges is a highly valuable and well-articulated explanation of an emergent market phenomenon. Levitt concludes that the world has become flat and that corporate entities must tailor their marketing strategies for greater consistency with this new reality. As he contends, the flattening of the world/globalisation, has led to the evolution of the global consumer, with the implication being that consumer preferences are no longer determined by geography and culture. In addition, emergent technologies have transformed economic realities in such a way that national borders are increasingly porous, thereby facilitating the transnational flow of goods and services. It is contingent upon companies to address the new reality, as accurately described and defined by Levitt, if they are to remain competitive within the parameters of a globalised economy while, at the same time, exploit the economic potentials of this reality. Levitt’s article, as may have been deduced from the preceding, emerges as a definitive introduction to globalisation and its impact on international business operations. Levitt provides a precise and concise definition and discussion of this new reality, alongside a prescript for business and marketing strategies therein.