The Bribery Scandal at Siemens AG Case Study Example | Topics and Well Written Essays - 1500 words

The Bribery Scandal at Siemens AG - Case Study Example In relation to the issues, some people analyzed different things that they could use as ways of justification of the events of the scandals and assumed that it was not a serious issue. For instance, Siemens AG officials did not accept that they had involved themselves in a case of bribery by saying that the money went to the payment of an external consultant. Otherwise, the court determined the case that the money coincided with procurement of some equipment from various international markets during the period. One of the most notable cases in the contract scandals involved â‚ ¬6 million, which some Siemens AG management had paid to some foreign officials involved in a natural gas turbine contract, which Siemens AG wanted to win. Siemens AG had involved itself in several other scandals in Germany and in other countries between 2005 and 2006, and some other cases were under investigations and not yet clarified. In defense, the convicted employees argued that the action was not a vi olation of any law because it never was for a personal gain, and said that it was a plan to secure a productive deal the company needed, and the money was part of the bid. The defense the Siemens employees raised was a misinterpretation of the law because they based their arguments on the issue that, it is the custom of multinational companies, to establish their businesses on bribery and corruption, to win international contracts. This was a deviation from the ethical laws which requires companies to exercise what is right in coming up with business deals that are related to the work they are doing. According to business ethics for multinational companies, an action is moral if doing it does not contravene the culture or the wellbeing of the host country. Although there are differences in culture, in different places in the world, a wrong act remains so regardless of the place of origin of the doer and the people who do it and the perceived benefits to the trading company (Boatrigh t 335). In some cases, differences in culture have influenced the conduct of the people in the business relations because the individuals in the context depend on the perspective of the residents of country in which they trade. Many companies practice double standards which make them neglect some ethical standards they bear from their home countries and in conforming to the standards of the foreign countries, do illegal activities (Boatright 335). This could be the reason why Siemens AG involved itself in different scandals in various countries in order to secure some opportunities in the market, and ensure their competitiveness. Question 2 In failing to extend the term of service of Klaus Kleinfeld, who was the Chief Executive officer (CEO) of Siemens AG, the supervisory board did not do the right thing. The board generalized the issues of the scandals without a clear focus to the criminals in the management in an attempt to clean up the name of the company in the world market. Des pite the fact that the supervisory board of Siemens AG did not get anything to  implicate  directly on  Kleinfeld in any of the scandals; he was an active person in establishing the company as a profitable business (Krishna and Purkayastha 11). The way of thinking of the supervisory board members to clean up the top management without considering the personal contribution of those individuals was a bad generalization. This is because the integrity of the

Psychology of Personality Essay Example for Free

Psychology of Personality Essay Psychology of personality is a branch of psychology that focuses on the study of personality and the individual differences. The main areas of focus are usually looking at individual’s psychological processes, the individual differences and studying how human behavior is similar. Personality is usually defined as well organized and dynamic set of characteristics possessed by a person that distinctively influence the cognitions, behavior in various situations and motivations. Since personality is complex and dynamic, various psychologists have come up with different theories to explain the different personality types. For the purpose of this paper, Freud’s psychoanalytic theory and Jung’s theory of personality shall be used to analyze the personality of a lady friend by the name Ann. Since most people have various personality disorders, Ann’s personality disorder shall also be analyzed. Freud’s Theory of Personality The Freud’s theory of personality illustrates that personality of a human being is made up of three structures namely; the ego, superego and id. The id contains instincts and it is usually unconscious. The ego develops after the id and is considered to be the executive branch of personality since it uses reasoning to make decisions. Both the ego and id have no morality but the superego is the structure that contains morality as it takes into account whether something is right or wrong. The superego is also referred as the conscience since it has the ability to judge whether something is right or wrong. According to Freud’s theory of personality, personality is established at around five years of age. Studies suggest that the early childhood experience influence human behavior and continue to do so through out the whole life (Mitterer Coon 2008). Further studies illustrate that behavior of a person develops through a series of childhood stages and the driving force during the stages is usually the psychosexual energy. Incase all the stages are completed successfully, healthy personality develops and if not, fixation occurs which leads to a personality disorder. These stages of development include the anal, oral, phallic, latent, and genital stage. Some of these stages shall be discussed comprehensively while analyzing Ann’s personality. Jung’s Theory of Personality Jung is psychologist who accomplished much but his personality theory of introversion and extroversion gained a lot of recognition and overshadowed the rest of his work. His theory suggests that introversion and extroversion are opposing attitude types that make a person to behave in a particular way. According to this theory of personality, human behavior is controlled by the introversion and extroversion attitudes. He defines an introvert as someone who is quite aware of the inner world and does not give much thought to the external world. An introvert attitude is usually more concerned with the subjective appraisal and considers dreams and fantasies more. On the other hand, an extrovert is usually characterized by the outside movement of the psyche energy. An extrovert attitude places more importance on the objectivity and at the same time gains a lot of influence from the outer environment than the inner cognitive processes. Nonetheless, the theory suggests that it is still possible for one person to have both attitudes though more often than not one must be overshadowed by another. The four functions of the personality theory namely, thinking, feeling, sensation and intuition were combined so as to come up with the eight personality types. Discussion Ann is a twenty five year old lady who currently works as a research scientist. She is very competent and productive, and since she was employed two years ago, she has received a number of awards due to her competency. She happens to be the first born in the family of four and has been brought up by very strict parents. Though she loves people, she mostly prefers to be alone and in social functions she prefers to remain calm and only talks with people close to her. She spends most of her leisure time reading or watching television when she is not studying. She can make a very good friend but once angered she reacts aggressively and she can put up a fight very first. In addition, she is quite independent and barely shares her things with other people. However, many people usually complain of her reserved and cold nature but she is quite orderly and maintains high level of cleanliness. In application of the Jung’s theory of personality, Ann displays more of an introvert attitude than that of an extrovert. While making decisions, Ann takes her time analyzing the available options and is not easily influenced by the outside factors which display an introvert attitude as illustrated by Jung’s theory of personality. She often makes a decision which suits her best, without giving much consideration to what others may think of her. Moreover she works best while alone and does not prefer social functions unless when it is very necessary. A person with such behavior is classified as an introvert by the Jung’s theory of personality (Gelpi 1993). While applying the Freud’s theory of personality, some of the behavior that characterizes Ann’s personality can be attributed to the experiences she passed through during the early childhood stages. The fact that she holds a lot of mistrust toward people illustrates that the care takers did not feed her on demand during the oral stage. However, during the anal stage, she received the appropriate toilet training hence the reason why she is quite competent, productive and orderly (Dumont, Wedding Corsini 2007). Personality Disorder A personality disorder is often described as an enduring pattern of inner experiences and behavior that seems to deviates from individual’s culture and sets in during early adulthood or adolescence stage (Dobbert 2007). Since most of these behaviors are pervasive and also chronic they usually cause impairment in the daily life. A study of Ann’s life shows that she most probably suffers from a paranoid personality disorder. It is a disorder that is characterized by agoraphobia, depression and substance abuse as illustrated by the studies of (Dobbert, 2007). Ann displays most of the symptoms associate with paranoid disorder because she does not trust people, gets angry quickly especially if she thinks that she is being deceived, thinks that people are untrustworthy, she is always serious and secretive, and always analyzes every gesture and conversation to look for the hidden meaning. The above mentioned Ann’s personality traits illustrate that she suffers from paranoid personality disorder since the same symptoms characterize the disorder are part of the diagnostic criteria of the disorder. Conclusion and Recommendation Psychology of personality is very important since it helps in understanding different personalities as illustrated by the different behaviors. In psychology, there are many theories that have been established to explain different personalities. Despite the fact that all have the same goals some contain controversial ideas. However, they are still very helpful. In this study, the Freud’s theory of personality which illustrates that early childhood experiences shape the behavior of a person has helped in understanding the personality of Ann. It was possible to deduce that her mistrust originates from her oral stage as her caretakers did not feed her on demand. Such an experience makes an infant to lose trust on people. Jung’s theory of personality helps in understanding that the reserved nature of Ann is a result of an introverted attitude. In addition, the study has been of great help since it was possible to realize that Ann’s pervasive behavior of excessive mistrust is as a result of a paranoid personality disorder. References Dobbert, L. D. , (2007). Understanding personality disorders: an introduction. Westport, Greenwood Publishing Group. Dumont, F. , Wedding, D. Corsini, J. , (2007). Current Psychotherapies. Stamford, Cengage Learning. Gelpi, D. L. , (1993). Committed Worship: Adult Conversion and Initiation. Collegeville, Liturgical Press Mitterer, J. O. Coon, D. , (2008). Introduction to Psychology: Gateways to Mind and Behavior. Stamford, Cengage Learning.

Comparing the Moral Superiority of Grendel and Frankenstein :: Comparison Compare Contrast Essays

Comparing the Moral Superiority of Grendel and Frankenstein Seeking friends, they found enemies; seeking hope, they found hate. Social outcasts simply want to live as the rest of us live. Often, in our prejudice of their kind, we banish them from our elite society. Regardless of our personal perspective, society judges who is acceptable and who is not. Some of the greatest people of all time have been socially unacceptable. Van Gogh found comfort only in his art, and with a woman who consistently denied his passion. Edgar Allen Poe was considered "different" - to say the least. These great men, as well as Grendel and Frankenstein, do not â€Å"fit† into society. Also like these men, Grendel and Frankenstein are uniquely superior to the rest of mankind. Their superiority is seen through their guile to live in a society that ostracizes their kind, their true heroism in place of society's romantic view, and the ignorance on which society's opinion of them is formed. Grendel, though he needs to kill to do so, functions very well in his own sphere. Grendel survives in a hostile climate where he is hated and feared by all. He lives in a cave protected by firesnakes so as to physically, as well as spiritually, separate himself from the society that detests, yet admires, him. Grendel is "the brute existent by which [humankind] learns to define itself"(Gardner 73). Hrothgar's thanes continually try to extinguish Grendel's infernal rage, while he simply wishes to live in harmony with them. Like Grendel, Frankenstein also learns to live in a society that despises his kind. Frankenstein also must kill, but this is only in response to the people's abhorrence of him. Ironically, the very doctor who bore him now searches the globe seeking Frankenstein's destruction. Even the ever-loving paternal figure now turns away from this outcast from society. Frankenstein journeys to the far reaches of the world to escape from the societal ills that cause society to hate him. He ventures to the harshest, most desolate, most uninhabitable place known to man, the north pole. He lives in isolation, in the cold acceptance of the icy glaciers. Still, Dr. Frankenstein follows, pushing his creation to the edge of the world, hoping he would fall off, never to be seen or heard from again. Frankenstein flees from his father until the Doctor's death, where Frankenstein joins his father in the perpetual, silent acceptance of death.

Dog Attack

Antwan Williams Enc 1101 Mon. 6-9:50 Topic Essay Dog Attack My biggest fear is getting attack by a dog. Some dogs are mean and vicious for no reason and see humans as bait and ready to eat them alive. The first dog that comes to mind when I hear a human being was attacked is a pitbull. Pitbulls are known to turn on their owner and will attack anything in their path. Numerous of people have died from injuries due to dog biting. Dogs have very sharp teeth that go deep down in your flesh and cause so much bleeding.I think of dogs as vampires when they suck down into your skin. When walking down the street in my neighborhood and I see a stray dog with no leash, I instantly turn on the next block or walk the other direction. Dog attacks happen sometimes out of fear, most humans fear dogs and that’s what dogs scent. Dogs have the ability to smell fear on anybody and see them as fresh meat. So word of advice when face to face with an ferocious pitbull make sure you show no fear and c almly walk the other direction, if he charge at you make a run to the nearest car.Some dogs even attack because they are afraid and attack out of fear, so sometimes attacks can happen the other way around. Every dog is not vicious, but if you seem harmful to them dogs will attack. Dogs are also protective to their owner. Some dogs are trained to protect their family and yard. So any scent of harmful the dog will do anything to protect its territory. Dogs are not always at fault when hearing about someone getting attacked. Pitbulls are labeled as vicious dogs but that’s the way they are trained to be, â€Å"fighting Dogs†.But on the other hand pitbulls are actually good dogs smart, and friendly, but will turn into natural born killers if they feel they are being harmed. Dogs attack people because they are not properly socialized. Dogs need to be trained to be socialized and learn how to act around humans. That’s why most stray dogs on the streets be the first to attack a human walking down the street, because these dogs have little or no human contact. Anything that gets close to them they feel harmed. I feel that’s the reason why children get attacked, because they are unfamiliar with dogs.Dogs usually attack when their food is being challenged, that will trigger aggression behavior. Dog attacks happen for many reasons. However, there are reasons that can be avoided if you are familiar with a dog’s behavior. If you are unaware of the behaviors there is a chance of being attacked. Any dog can attack unexpectedly; given a certain situation. Most dogs will never hurt anyone, but it can happen and knowing some reasons why dogs typically attack and warning signs of it can save you from being injured, and prevent you from being attacked.

Review of the Article About Gopher It Essay

The business plan of Goffer It is all about the plans and strategies for the establishment of an errand service for professionals in the business district of Boston. The service includes standard service, which includes usual time-consuming errand works of professionals, and custom service, which includes services according to the needs of the people. This partnership firm is to be founded by three highly experienced professionals with adequate knowledge in management and administration. The new venture they plan out is apt as there are not many similar ventures around their targeted locality and it is highly felt to be of need for the people. The population and the potential people interaction is quiet high in that locality. The services offered are quiet many and no competitor is as good as Goffer It. They had a very good marketing strategy and the formost among it is to utilize the benefits of the locality. As many thousands of people travel through the area it gives a natural opportunity for them to expose the firm to many without much of expenditure. This untapped market can be also expanded by way of short advertising campaigns too. The core of it included: * Needs of the target market on the basis of geography, demography, life style and buyer intentions. * Product differentiation. * Effective and profitable marketing mix. They also had a clear plan for the future, ways and means for expansion and to make it a profitable business in short time span of more than a year. They were very clear about the service to be delivered and the pricing of it. Their idea is to give the best service and gain customers through word of mouth. As the founders of this venture the three of them are well experienced and that they have prior experience in managing other but somewhat similar ventures. The best part of the organizational structure is that the three at the top are professionally fit for this work and they are good and qualified in finance and marketing, which can be considered the key areas of a business. Their advantages can be summarized in the following points. Untapped errand market * Large customer base * Low cost of marketing * Geographical advantage * Lifestyle of the people and their need for errand services * Experience of the partners in management * Their professional qualification in finance and marketing * Possibility of future expantion All these make this business very attractive and a possible success in the near future. There are no areas as such that are not addressed by them. Thus in this business plan we see a clear vision of a great firm in the years to come.

General Electrics IT Implementation essays

General Electric's IT Implementation essays 1. How is GE using Internet technology in its internal and external business processes? InternetWeek,18.dec, 2000, Gary Reiner; "...There are three different areas the Internet has a large impact in GE: the buy side, make side and sell side. On the buy side, we're doing a ton of e-auctioning across the board. We're putting so much of what we do on the Web regarding interacting with our suppliers and regarding negotiations. And that is changing how we think about sourcing. (...)On the buy side, we separate the world into the negotiation process and the transaction process. There are three areas on the sell side, and we're trying to get more productivity out of all three. There's the actual taking of the order. There's providing through the Web all of the information surrounding the orderorder status, track and trace information, stock availability, the ability to configure complex orders. And then additional value-added customer services that were traditionally provided either through call centers or not provided at all are now provided on the Web through something we call Wizards. On the sell side, it's had a very big impact on GE Plastics. It's had a very big impact on some of the capital businesses, like fleet services. It's having a big impact on the parts side of our heavy equipment businesses. It's having a big impact at NBC, obviously, and CNBC.com and all the Internet investments that we've made there. (...) On the sell side, it's a combination of Web ordering, EDI and fax-to-EDI, depending on what our customers want to do. And on the make side, what we're really getting excited about is the shutting down of traditional processes. We're learning that the only way you really take advantage of all of the Web technology is by giving people only one choice in how you do it - the most productive and efficient way. The challenge is to coordinate e-business endeavors among GE's 20 far-flung units, including Appliances, Air...

How I Established My Romance Novels Subgenres

How I Established My Romance Novels Subgenres How I Established My Romance Novel's Subgenres Barbara James lives in New York, and is an avid romance reader and a former academic writer. In this article, she breaks down her latest romance novel's subgenres - sweet, contemporary, new adult - and explains the characteristics and importance of each one. How my novel is â€Å"new adult†New adult is for readers who have graduated from the young adult category, but who face different conflicts and questions than the rest of the 30+ adult group. They are still in the early stages of their lives, grappling with identity, relationships, and career.In Starting Over, Annelise is more conservative than most of her peers: she hopes to be married by the time she graduates university, and to become a stay-at-home mom by the time she’s in her mid-twenties. This is a more â€Å"old-fashioned† life plan than many people in their early-twenties have today, so Annelise struggles with how to fit in with her peers, and is constantly questioning her life plans and decisions.When my novel was finished and I was ready to start working with a professional editor, I knew I wanted someone who was a clear fan of the romance genre.Working with a development editor who also loves romance novelsA developmental editor can be instrumental in either helping you define your genre or tailoring your novel more to your chosen genre. And this was absolutely the case with my editor, Mary-Theresa Hussey. She worked for over 25 years as an executive editor at Harlequin, so she really knew her stuff. A developmental editor can be instrumental in helping you define your novel's genre. One way she challenged me fairly early on was with respect to age differences. Annelise could have been older, a graduate student, about 22–24 years old or Rick could have been younger, 24–25 years old. Ultimately, I made Rick ten years old, 28 to Annelise’s 18, because I wanted him to be ready to handle the responsibility of being the husband of a younger, stay-at-home-wife. But Mary-Theresa’s suggestion that I re-think their age difference helped me more firmly establish why the ten-year age gap was important to the story, strengthening each character in my mind.As her work history clearly suggests, Mary-Theresa is a fan of romance novels herself. Working with an editor who has a preference from romance novels was as important to me as their professional backgrounds, which is why I was so happy Reedsy permitted me to search for editors with specific keywords.Starting Over is available in paperback and on Amazon Kindle.Please share your thoughts, experien ces, or any questions for Barbara James in the comments below!

How to Use the French Preposition Dans

How to Use the French Preposition Dans The French preposition dans usually means in, but,  depending on the context, it also has other English equivalents, such as from, through, on, during and off. Dans cannot be followed directly by a noun but rather must be followed by an article or some other determiner. It can indicate a physical location, a figurative location and time. Dans is also required after certain French verbs  that  take  an  indirect object. Physical Location   Ã‚  Ã‚  dans la boà ®te   in the box  Ã‚  Ã‚  dans la rue   in the street  Ã‚  Ã‚  boire dans une tasse   to drink from a cup  Ã‚  Ã‚  prendre quelque chose dans une boà ®te  Ã‚  to take something from a box  Ã‚  Ã‚  copier quelque chose dans un livre   to copy something from a book  Ã‚  Ã‚  dans lavion   on the plane  Ã‚  Ã‚  mettre quelque chose dans le tiroir   to put something in the drawer  Ã‚  Ã‚  monter dans le train   to get on the train  Ã‚  Ã‚  voir quelquun dans lescalier   to see someone on the stairs Figurative Location   Ã‚  Ã‚  dans la situation actuelle   in the current situation  Ã‚  Ã‚  dans ces conditions in / under these conditions Period of  Time   Ã‚  Ã‚  dans la journà ©e during the day  Ã‚  Ã‚  dans la semaine during the week  Ã‚  Ã‚  dans une semaine in one week Verbs with Dans The French preposition  dans  is required after certain French verbs that take an  indirect object. boire qqchose dans  (une tasse) to drink something out of (a cup)chercher  dans  (la boà ®te)  Ã‚  to look in (the box)courir dans  (lherbe)  Ã‚  to run through (the grass)coà »ter dans  (les dix euros)  Ã‚  to cost about (10 euros)entrer dans  (une salle, un bà ¢timent)  Ã‚  to enter (a room, building)fouiller dans  (les poches)  Ã‚  to look through (the pockets)lire dans  (le journal)  Ã‚  to read in (the paper)manger dans la main qqun  Ã‚  to eat out of ones handmanger dans lassiette  Ã‚  to eat off a platemettre  son espoir dans  Ã‚  to pin ones hopes onpartir  dans  (10 minutes)  Ã‚  to leave in (10 minutes)partir dans  (les montagnes)  Ã‚  to leave for (the mountains)pleuvoir dans  (la France)  Ã‚  to rain in (France)prendre quelque chose dans  (une boà ®te, un tiroir)  Ã‚  to take something from (a box, drawer)regarder dans  (la boà ®te, le frigo)  Ã‚  to look in (the box, the fridge)vivre dans  (la misà ¨re, la peur)  Ã‚  to live in (poverty, fear)

Module 2 Child Abuse (CASE) BHE415 Community and Domestic violence Essay

Module 2 Child Abuse (CASE) BHE415 Community and Domestic violence - Essay Example ever, having been the first to listen to the case, I am obligated to instruct and assure Summer’s friend that regardless of whether she decides to persuade Summer into talking about her issues with an authoritative figure, her situation is serious and involves criminal act as the perpetrator is an adult of 19 years. As a recommendation, I would advise Summer’s friend to abstain from sharing the information with anyone else as this may get to the abusive cousin who may retaliate violently towards Summer and/or her friend. Additionally, he may also flee justice if word got to him about his abuse to Summer being exposed. As a stakeholder in the life of Summer for being her teacher, it is my obligation as it is any other person’s to report to authorities the chance of a minor being abused. Regardless if whether Summer has consent about this or not, her age is denies her to have options or to make decisions of he own and this projects the responsibilities of taking care of her to the stakeholders who have access to her. In this case, I am obligated to report the matter to the school manager in order to take note of the any developments that may present themselves in the future. Child protective services or agents should be notified of the developments in order to provide any necessary protection from the perpetrator. Talking to Summer about the abuse by her cousin can be a task to be handled in a rather much professional setting. After inquiring from her the full scale of the issue, Summer can be enrolled for social therapy in order to prevent any future psychological trauma that she may go through in the future. In case her family is aware of the developments and they have neglected her, I can accompany her to the social therapy sessions so that she gets the support that her family have failed to provide According to Prevent Child Abuse New York (2011), adults should provide advocacy to children as the children need people who can represent and speck on their

A Constant Increase of Nuclear Weapons Assignment

A Constant Increase of Nuclear Weapons - Assignment Example Nuclear power is known for its explosive ability that can cause massive destruction. Such effects are against human dignity of life, human rights, and respect. Therefore, keeping such weapons is directly risking the existence of the human race1. It is from this that I develop the research question; what is likely to be the future outcome of allowing nations to own nuclear weapons? This is a predictive study that tries to focus and bring out the likely unseen outcomes of the recent increase in possession of nuclear weapons. For many people, there are some obvious answers to this question. The most common ones are; deaths of many people in case of explosion land and property destruction. As much as there might be some scientific reasons for keeping nuclear weapons, the constant increase in the development of many of these weapons in most nations raises eyebrows. Many countries have been testing these weapons, and that brings even more fear. It is not common that someone will spend extraordinarily much to have something that will not be of use. Developing these weapons is costly, and it is not a process any nation would go through if the weapons are not to be used. Eventually, these weapons will be used, either by accident or intentionally, and the consequences are severely catastrophic. Therefore, this question can be of interest to the intelligence community as the answers will give the ultimate motive of these nations different from what they have been giving to the press conferences and international conferences. Thomson, a British researcher, and author say that nuclear weapons create a direct as well as a constant threat to the human race everywhere. They are far from keeping the peace as they breed fear and mistrust among all nations. They are the ultimate terror and mass destruction instruments that have neither legitimate military nor strategic utility.  

Globalisation and Sovereignty Essay Example | Topics and Well Written Essays - 1250 words

Globalisation and Sovereignty - Essay Example International Relations theories apply to the concept of sovereignty and the threat implied by the globalization. Realism is one theory, which had been adopted by Bismarck and had been gaining fresh grounds in International Relationship of recent years, and has taken a new look after globalization. Even though the theory is based on international anarchy and how to control it, and how the States become the main actors in world politics, how the States, through self-helping system avoid conflicts, the main instruments of success remains the army and military might. Globalization does not agree with armed conflicts and as the world economy has global connections, if armed conflict happens in one place, rest of the world economy will be hit and so armed conflict will definitely be discouraged during globalization. But the economic might of globalization will definitely be encouraged and the States will compete and negotiate with their own interest in hearts. Founded by Thucidydes, encouraged by Michiavelli, Realism is accepted as one of the pragmatic theories of international relations. Liberalism, another important theory states that States and other international institutions are very important players in the International Relations and have to co-operate, bargain with one another and States are considered to be one player in the world politics and not many players like in Realism. Here states are not independent, but interdependent, and other key actors are the most important international organizations who have a clout all over the world. ... International Relations theories apply to the concept of sovereignty and the threat implied by the globalisation. Realism is one theory, which had been adopted by Bismarck and had been gaining fresh grounds in International Relationship of recent years, and has taken a new look after globalisation. Even though the theory is based on international anarchy and how to control it, and how the States become the main actors in world politics, how the States, through self helping system avoid conflicts, the main instruments of success remains the army and military might. Globalisation does not agree with armed conflicts and as the world economy has global connections, if armed conflict happens in one place, rest of the world economy will be hit and so armed conflict will definitely be discouraged during globalisation. But the economic might of globalisation will definitely be encouraged and the States will compete and negotiate with their own interest in hearts. Founded by Thucidydes, encouraged by Michiavelli, Realism is accepted as one of the pragmatic theories of international relations. Liberalism, another important theory states that States and other international institutions are very important players in the International Relations and have to co-operate, bargain with one another and States are considered to be one player in the world politics and not many players like in Realism. Here states are not independent, but interdependent, and other key actors are the most important international organisations who have a clout all over the world. This theory agrees with glabalisation and a certain loss of sovereignty in place of absolute freedom. The interdependence of the

Art presentation Essay Example | Topics and Well Written Essays - 750 words

Art presentation - Essay Example the artist’s work is the uniquely create how the interaction between the individual and the way their presence alters the overall energy of their surroundings. I am from Hong Kong, but due to studies, I have lived in several places since high school. The places are Hong Kong, Newfoundland; Canada, Seattle, Los Angeles, Santa Monica, San Diego, and Pennsylvania. These have also become my influence because of their beauty, activities, and generally how different subjects in such an environment interact to bring out the social and cultural aspects of the place. I am inspired by the power of emotion in people. As such, I like to create works that display people’s the subjects’ emotions under different circumstance. I believe that individuals can communicate a lot with emotions more than they can communicate with words. Finally, on culture, I am from Hong Kong, and the Chinese culture that I grew up in stresses the value of harmony and simplicity. Additionally, the culture also has a preference for lively colors. Thus, I integrate these ideas into my artworks to portray the beauty of objects and the natural surroundings of

Discipline and Punish by Michel Foucault Essay Example | Topics and Well Written Essays - 1500 words

Discipline and Punish by Michel Foucault - Essay Example Thesis: Power was the fulcrum around which all else revolved during the Classical period and through Foucault’s examples and arguments we understand how the body was debased through coercion and control, but gradually there came about a shift in power relations which we are experiencing today. In Foucault’s words - â€Å"Perhaps we should abandon the belief that power makes mad and that, by the same token, the renunciation of power is one of the conditions of knowledge. We should admit, rather, that power produces knowledge†¦.† (Michael Foucault, 1977, pp. 27/28) According to Foucault, both power and knowledge compliment each other and go hand in hand together. He explains that power relations cannot exist without the field of knowledge and in the same way, it is knowledge that contributes towards power relations. In Part I, Foucault speaks about torture that was used as a tool to discipline the body during the 18th century, giving us examples of torturous p enalties that were meted out during those days such as public executions. E.g. Damien’s torture (pgs. 3-5) This period of torture resulted in the ushering in of a new penal system for Europe and the United States. New theories involving law and crime were introduced while the ancient laws and customs were discarded and the new reforms were based on the political justification of punishment. According to Foucault, â€Å"justice no longer takes public responsibility for the violence that is bound up with its practice†¦Ã¢â‚¬  (Michael Foucault, 1977, p.9) However, with the introduction of the new penal system in our society today, judges have to judge something more than the crime and part of their powers are distributed to other authorities. â€Å"Today, criminal justice functions and justifies itself only by this perpetual reference to something other than itself, by this unceasing reinscription in non-juridical systems.   It’s fate is to be redefined by knowl edge† (22). In Part II, Foucault sheds light on ‘Punishment’. During this period punitive practices were redefined through refinement. Cold blooded criminality morphed into a criminality of fraud. This complex mechanism laid more emphasis and value on more stringent methods of surveillance and effective techniques of getting information which critics called ‘a bad economy of power.’ (79) The eighteenth century saw many reforms in the legal system such as new techniques and tactics for refining and regularizing the art of punishment and reducing the economic and political costs by making it more effective. In Part III, Foucault discusses about ‘Docile bodies’ that was directed towards coercion and supervising the activity rather than the result. In Foucault’s opinion, discipline serves to create docile bodies by disassociating the power from the body. On one hand, it increases an individuals capacity and aptitude but on the other ha nd, it arrests the flow of energy and brings about subjection. According to Foucault, â€Å"disciplinary coercion establishes in the body, the constricting link between an increased aptitude and an increased domination† (138) Among Foucault’s Disciplinary techniques, the one I have chosen for discussion is – ‘Control of Activity.’ Foucault describes discipline as a constant controlling of the activities,

PC&D_Inc Case Study Example | Topics and Well Written Essays - 250 words

PC&D_Inc - Case Study Example Similarly, innovation formed part of the organization’s approaches to its successful ventures (Docenti, 1986: 1-7; Hill and Jones, 2012: 167, 168). Though the company later faced challenges into productivity, it previously had successful initiatives towards value creation. PC&D achieved value creation through innovation into quality products that were highly regarded by consumers. This for instance established the company as a national market leader. Similarly, marketing initiatives that were achieved through a strong marketing team and a determined sales team ‘added value’ to the company’s ability to generate revenues (Docenti, 1986: 1-9; Hill and Jones, 2012: 167, 168). The company’s major resource was its employees and management. While it shared same raw materials with its competitors, it was able to organize its management and employees towards successful competitive advantage. The essence of the company’s employees was demonstrated when it lost its sales team leading to declined revenues (Docenti, 1986: 1-9; Hill and Jones, 2012: 167, 168). The success that was realized by the company before its fall was therefore because of its expansion and competitive advantage strategies, its successful value creation and its resource in dedicated human

Discipline and Punish by Michel Foucault Essay Example | Topics and Well Written Essays - 1500 words

Discipline and Punish by Michel Foucault - Essay Example Thesis: Power was the fulcrum around which all else revolved during the Classical period and through Foucault’s examples and arguments we understand how the body was debased through coercion and control, but gradually there came about a shift in power relations which we are experiencing today. In Foucault’s words - â€Å"Perhaps we should abandon the belief that power makes mad and that, by the same token, the renunciation of power is one of the conditions of knowledge. We should admit, rather, that power produces knowledge†¦.† (Michael Foucault, 1977, pp. 27/28) According to Foucault, both power and knowledge compliment each other and go hand in hand together. He explains that power relations cannot exist without the field of knowledge and in the same way, it is knowledge that contributes towards power relations. In Part I, Foucault speaks about torture that was used as a tool to discipline the body during the 18th century, giving us examples of torturous p enalties that were meted out during those days such as public executions. E.g. Damien’s torture (pgs. 3-5) This period of torture resulted in the ushering in of a new penal system for Europe and the United States. New theories involving law and crime were introduced while the ancient laws and customs were discarded and the new reforms were based on the political justification of punishment. According to Foucault, â€Å"justice no longer takes public responsibility for the violence that is bound up with its practice†¦Ã¢â‚¬  (Michael Foucault, 1977, p.9) However, with the introduction of the new penal system in our society today, judges have to judge something more than the crime and part of their powers are distributed to other authorities. â€Å"Today, criminal justice functions and justifies itself only by this perpetual reference to something other than itself, by this unceasing reinscription in non-juridical systems.   It’s fate is to be redefined by knowl edge† (22). In Part II, Foucault sheds light on ‘Punishment’. During this period punitive practices were redefined through refinement. Cold blooded criminality morphed into a criminality of fraud. This complex mechanism laid more emphasis and value on more stringent methods of surveillance and effective techniques of getting information which critics called ‘a bad economy of power.’ (79) The eighteenth century saw many reforms in the legal system such as new techniques and tactics for refining and regularizing the art of punishment and reducing the economic and political costs by making it more effective. In Part III, Foucault discusses about ‘Docile bodies’ that was directed towards coercion and supervising the activity rather than the result. In Foucault’s opinion, discipline serves to create docile bodies by disassociating the power from the body. On one hand, it increases an individuals capacity and aptitude but on the other ha nd, it arrests the flow of energy and brings about subjection. According to Foucault, â€Å"disciplinary coercion establishes in the body, the constricting link between an increased aptitude and an increased domination† (138) Among Foucault’s Disciplinary techniques, the one I have chosen for discussion is – ‘Control of Activity.’ Foucault describes discipline as a constant controlling of the activities,

The dividend discount models Essay Example | Topics and Well Written Essays - 750 words

The dividend discount models - Essay Example This model calculates the value of common stock as follows. V0 = At 5%, 6% and 4% successive dividend growth rates from first year to third year, and D0 given, we can estimate D1, D2, and D3; and given g we can estimate the value of stock (V0) as per the equation. The Dividend Discount Models are not very accurate mainly because of the difficulty of estimating a rate of growth of dividends, and unpredictability of stock markets, which may overbid or underbid prices of stocks. 2.2 The FCFF Model This model calculates the present value of all future free cash flows minus the market value of outstanding debt and preferred stock.Value of Operations = Value of Equity = Value of Operations - Value of Debt Value per Share = Value of Equity / Total Common Stock Outstanding 2.3 Multiples Approach Analysts many times use price multiples to value stocks. These multiples may be Price/Earning, Price/ Cash Flow, Price/Revenue, Price/ Book, Price/ Sales, Price/ Earnings Growth (PEG). ( Using Ratios and Multiples, n.d.) The most popular P/E Ratio is shown below: P/E = (Stock Price/ EPS) EPS = Earnings per share Higher P/E ratio denotes better growth prospects and vice versa. The drawback of this method is that it becomes meaningful only with context. The context may be skewed. Reported earnings may sometimes be inflated or depressed. Firms that go through turbulent business cycles require more investigation. Other shortcomings of multiples method is that comparable firms are hard to find within an industry or industries. 2.4 Yield Based Valuation Models These models include the Cash Return method (Cash Return = Free Cash Flow + Net Interest... Common Stocks represent an ownership position in a firm. This position entitles the holder to several privileges. An important part of value investing is valuation of common stock. There are several methods of common stock valuation, some of which we discuss in this paper.The Dividend Discount Models mainly predict the dividends, and net present value of a common stock. According to this method, the value of a dividend is the sum of all future dividends. Three types of discount models predict future dividends or value of a stock as outlined below. There are several methods, of common stock valuation, available to investors or analysts. Some of the methods outlined above are more popular ones. These methods present a more or less accurate estimate of the value of a common stock. Gordon Growth Model: This model works best for firms which show stable growth rates (not higher than that of the economy in the long term); which pay out large dividends; and which have a stable leverage. For other firms it is not very reliable.Variable Growth model: This model is most reliable for firms with unstable but moderating growth rates, and which pay dividends that equal FCFE or where FCFE are difficult to estimate. Advantages: 1. The sales numbers are more or less exact and not subject to manipulation or assumption. 2. Sales are not volatile as earnings may be. 3. Sales is a much more stable benchmark.

The Show Essay Example for Free

The Show Essay I believe Owen may have meant this to reflect the same situation as that of the majority of the country, and that many people are not involved in the war and prefer to stay emotionally detached from it. Personally, I feel that this creates a certain amount of sadness for the reader because it effectively shows how divided the country may have been even in times of war. This narration style also seems to show sadness from Owen as well, but because the speaker is looking down on the scene, also continues to somewhat trivialise it, continuing the feeling of bitterness that the reader picks up from Owen from many aspects of his poetry. In The Show Owen also ensure that he has a strong ending to the poem, an important technique for him to manipulate our overall thoughts and feelings about the poem, as well as to create the shock that we feel in the final stanza of the poem. One technique he includes to achieve this is the use of repetition. The line Showed me its feet, the feet of many men is one example of this, because the repetition of feet creates a build up of suspense and also puts the thought in the readers mind that it could be emphasising how many pairs of feet (or how many dead bodies) there are lying on the battlefield. The following line And the fresh-severed head of it, my head again uses the repetition of head, but here it is used more to create a shocking ending to the poem, as repeating it together with a pronoun emphasises the shock the speaker feels at finding his head on the floor. The reader feels just as shocked as the speaker does, and as a result it means that we feel more disgusted by the poem. To add to this, in this last couple of lines the style of writing becomes more specific, as we are told that the speaker is seeing his fresh-severed head. This sudden change in writing style from the vague description in the rest of the poem as well as the graphic imagery ensures that we find the end especially disgusting, and the contrast is even more of a shock. I believe this is a clever technique that Owen uses because it means that the heightened disgust ensures that we pity the soldiers and further hate the very idea of war, which I believe is what comes across in many of his poems on the subject. The technique of a contrasting ending is also shown in the poem Dulce et Decorum Est, as in the last stanza the rhythm of the poem changes and becomes more of a rant directed at the reader. This is shown by the use of the word you frequently throughout the final stanza, making it much more personal and much more directly angry. Like The Show, the language also changes in terms of the imagery, with the final stanza of Dulce containing much more graphic imagery, such as white eyes writhing in his face. It has the same effect, in that the reader feels shock at the change in style and disgust at the more horrific language as it becomes easier to visualise. However, the final part of Dulce also emphasises the overall tone of the poem, in that because of the way it feels like a rant, Owens bitterness and resentment strongly shows. This is more of a contrast to The Show because there, the tone of the poem seems continuous all the way through, in that much of it comes across without an obvious tone and this does not change in its final stanza. Overall, I believe that Owen uses a variety of techniques to effectively show his opinions and feelings on war, from anger to resentment and from bitterness to sadness. I feel that many of his poems communicate his feelings to the reader effectively and leave us with many different things to think about. However, I feel that the general feeling Owen had about war was one of intense dislike due to the combination of the main emotions he shows and his obvious distress at the injuries and damage the soldier suffered, and the methods he used successfully portrayed that to the reader.

Chaos In The Currency Markets : Currency Crisis Of The EMS :: essays research papers

Chaos in The Currency Markets : Currency Crisis of The EMS 1. What does the crisis of September 1992 tell you about the relative abilities of currency markets and national governments to influence exchange rates?   Ã‚  Ã‚  Ã‚  Ã‚  The currency markets and national governments both have abilities to influence exchange rates. Like other financial markets, foreign exchange markets react to any news that may have a future effect. Speculators are the part of the currency markets that take currency positions based on anticipated interest rate movements in various countries. Day-to-day speculation on future exchange rate movements is commonly driven by signals of future interest rate movements. By using the signal, speculators usually take the position before the things actually occurred. Sometime, if high power enough, the speculators position can influence the exchange rate movement. The government controls is one of the factors affecting exchange rate. The government can influence the equilibrium exchange rate in many way, including direct intervening (buying and selling currencies) in the foreign exchange markets and indirect intervening by affecting macro variables such as interest rates. 2. What does the crisis of September 1992 tell you about the weakness of fixed exchange rate regimes?   Ã‚  Ã‚  Ã‚  Ã‚  From European currency crisis of September 1992, it shows us that there are weakness of the fixed exchange rate system. When exchange rate are tied, a high interest rate in one country has a strong influence on interest rates in the other countries. Funds will flow to the country with a more attractive interest rate, which reduces the supply of fund in the other countries and places upward pressure on their interest rates. The flow of fund would continue until the interest rate differential has been eliminated or reduced. This process would not necessarily apply to countries outside ERM that do not in the fixed exchange rate system, because the exchange rate risk may discourage the flow of funds to the countries with relatively high interest rate. However, since the ERM requires central banks to maintain the exchange rates between currencies within specified boundaries, investors moving funds among the participating European countries are less concerned about exchange rate risk. 3. Assess the impact of the events of September 1992 on the EU 's ability to establish a common currency by 1999.   Ã‚  Ã‚  Ã‚  Ã‚  A major concern of a common currency is based on the concept of a single European monetary policy. Each country's government may prefer to implement its own monetary policy. It would have to adapt to a system in which it had only partial input to the European monetary policy that would be implemented in all European countries, including its own. Chaos In The Currency Markets : Currency Crisis Of The EMS :: essays research papers Chaos in The Currency Markets : Currency Crisis of The EMS 1. What does the crisis of September 1992 tell you about the relative abilities of currency markets and national governments to influence exchange rates?   Ã‚  Ã‚  Ã‚  Ã‚  The currency markets and national governments both have abilities to influence exchange rates. Like other financial markets, foreign exchange markets react to any news that may have a future effect. Speculators are the part of the currency markets that take currency positions based on anticipated interest rate movements in various countries. Day-to-day speculation on future exchange rate movements is commonly driven by signals of future interest rate movements. By using the signal, speculators usually take the position before the things actually occurred. Sometime, if high power enough, the speculators position can influence the exchange rate movement. The government controls is one of the factors affecting exchange rate. The government can influence the equilibrium exchange rate in many way, including direct intervening (buying and selling currencies) in the foreign exchange markets and indirect intervening by affecting macro variables such as interest rates. 2. What does the crisis of September 1992 tell you about the weakness of fixed exchange rate regimes?   Ã‚  Ã‚  Ã‚  Ã‚  From European currency crisis of September 1992, it shows us that there are weakness of the fixed exchange rate system. When exchange rate are tied, a high interest rate in one country has a strong influence on interest rates in the other countries. Funds will flow to the country with a more attractive interest rate, which reduces the supply of fund in the other countries and places upward pressure on their interest rates. The flow of fund would continue until the interest rate differential has been eliminated or reduced. This process would not necessarily apply to countries outside ERM that do not in the fixed exchange rate system, because the exchange rate risk may discourage the flow of funds to the countries with relatively high interest rate. However, since the ERM requires central banks to maintain the exchange rates between currencies within specified boundaries, investors moving funds among the participating European countries are less concerned about exchange rate risk. 3. Assess the impact of the events of September 1992 on the EU 's ability to establish a common currency by 1999.   Ã‚  Ã‚  Ã‚  Ã‚  A major concern of a common currency is based on the concept of a single European monetary policy. Each country's government may prefer to implement its own monetary policy. It would have to adapt to a system in which it had only partial input to the European monetary policy that would be implemented in all European countries, including its own.

Qualitative and Quantitative Research Essay -- Research Methods

Qualitative and Quantitative study designs both can be beneficial in research design. They both provide valuable options for researchers in the field. These techniques can either be used separately in a research study or they can be combined to achieve maximum information. This paper will define the terms qualitative and quantitative; describe the similarities and differences between each; discuss how qualitative and/or quantitative research designs or techniques could be used in the evaluation of my proposed research; and discuss why linking analysis to study design is important. Quantitative studies are primarily numbers based. They deal with large cohort groups as well as analyze large amounts of data. â€Å"A quantitative researcher typically tries to measure variables in some way, perhaps by using commonly accepted measures of the physical world (e.g., rulers, thermometers, oscilloscopes) or carefully designed measures of psychological characteristics or behaviors (e.g., tests, questionnaires, rating scales)† (Leedy & Ormrod, 2010, p. 94). Qualitative studies are slightly different in that they do not use large cohorts and they are not analyzing large data sets. Qualitative studies also look to answer question â€Å"why†. They use smaller numbers but go more in-depth with the small group they have. â€Å"In contrast, qualitative research involves looking at characteristics, or qualities, that cannot easily be reduced to numerical values. A qualitative researcher typically aims to examine the many nuances and complexities of a particular phenomenon† (Leedy & Ormrod, 2010, p. 94). Qualitative and Quantitative studies can be used separately or together in a mixed methodology. â€Å"Mixed methods research is characterized as research... ... Hughes, C. (2006). Qualitative and quantitative approach to social research. Retrieved fromhttp://www2.warwick.ac.uk/fac/soc/sociology/staff/academicstaff/chughes/h ughesc_index/teachingresearchprocess/quantitativequalitative/quantitativequalitati ve/ Leedy, P. D., & Ormrod, J. E. (2010). Practical research: Planning and design (9th ed.). Upper Saddle River, NJ: Pearson Education Inc.-Merrill McKerghan, D. L. (1998). Quantitative versus qualitative research: An attempt to clarify the problem. Retrieved from http://home.comcast.net/~lady.socrates/qvq.html Rocco, T. S., Bliss, L. A., Gallagher, S., & Perez-Prado, A. (2003). Taking the next step: Mixed methods research in organizational systems. Information Technology, Learning, and Performance Journal. Vol. 21, No. 1. Retrieved from http://www.osra.org/itlpj/roccoblissgallagherperez-pradospring2003.pdf

The Background Of Metabolic Syndrome Health And Social Care Essay

Harmonizing to recent worldwide estimations, 1.7 billion people are classified as either corpulence or corpulent, more than 1 billion have high blood pressure, and more than 500 million have either diabetes or the pre-diabetes position, impaired glucose tolerance ( IGT ) [ Hossain et Al. 2007 ] . Metabolic syndrome ( MetS ) A is a complex and multivariate disease thought to be when a figure ofA coincident metabolicA abnormalcies occur in the same person with a frequence higher than it could be expected by opportunity, foremost coined â€Å" syndrome Ten † in 1988 by ( Reaven 1998 ) . The first formal definition of the MetS was put away in 1998 by the World Health Organization ( WHO ) . The International Diabetes Federation ( IDF ) described a syndrome as â€Å" a recognizable composite of symptoms and physical or biochemical findings for which a direct cause is non understoodaˆÂ ¦the constituents coexist more often than would be expected by opportunity entirely. When causal mechanisms are identified, the syndrome becomes a disease. † MetS is so a composite of complecting hazard factors for cardiovascular disease ( CVD ) , diabetes and shot. The bunch of hazard factors encompasses dysglycemia ( unnatural glucose degrees ) , raised blood force per unit area ( high blood pressure ) , hyperglycemia, elevated triglyceride degrees, low high-density lipoprotein cholesterin degrees, and cardinal adiposeness tissue degrees ( fleshiness ) . Metabolic syndrome has been assigned its ain ICD-9 diagnostic codification: 277.7, but there is ongoing contention about whether metabolic syndrome is a homogenous upset or disease, and whether it merits acknowledgment as a syndrome ( Huang 2009 ) . MetS has many factors involved ; most surveies agree that the underlying pathology of abnormalcies seems to be related to insulin opposition ( IR ) and fleshiness. The job and confusion comes from the differences in standards for the diagnosing of MetS by the ( WHO, 1998 ) , the European Group for survey on insulin Resistance ( EGIR ) in 1999, the National Cholesterol Education Program Adult Treatment Panel III ( NCEP-ATP III ) in 2001, the American Heart Association/National Heart, Lung and Blood Institute and the ( IDF ) 2005. Regardless of which standard is used for diagnosing, all major bureaus agree to an extent that the cardinal factors include fleshiness and waist perimeter ( WC ) , insulin opposition, dyslipidemia, and high blood pressure ( Alberti et al 2006 ) Multiple diagnostic standards from several beginnings have given rise to confusion and incompatibilities. Because of the different threshold degrees and how they they are combined to name, there may be fluctuations within in the same population at analysis of informations, taking to skewed hazard schemes and the prioritization of patients and their preventative intervention. One individual may be diagnosed and intervention on the footing of one set of standards, but so be ineligible utilizing another. The purpose of this instance survey is to place and foregrounding the most relevant and up to day of the month facets of the epidemiology, pathophysiology, experimental theoretical accounts, and related clinical and population informations in relation to MetS. The World Health Organization ( WHO ) estimates that more than 1 billion people are overweight globally, and if the current tendency continues, that figure will increase to 1.5 billion by 20154. It is estimated that over 1.7 billion individuals worldwide are fleshy, more than 300 million of whom are clinically corpulent. This addition is a multifactor with deficiency of exercising, aging, familial sensitivity and hormonal alterations being cited. This addition in fleshiness and fleshy people is associated with the addition in prevalence of Mets and diabetes ( Wild et al 2011 ) . Abdominal fleshiness is linked with the opposition effects of insulin on peripheral glucose and fatty acid metamorphosis, which can consequences in type 2 diabetes mellitus. With fleshiness comes Insulin opposition and that can take to hyperinsulinemia, hyperglycaemia, and increased adipocyte cytokines that contribute to endothelial disfunction, altered lipid profile, high blood pressure, and systemic redness. This procedure of harm can advance the development of atherosclerotic cardiovascular disease ( CVD ) . Therefore Mets has several possible aetiologic classs, upsets of adipose tissue ; insulin opposition ; and the grouping of independent factors of hepatic, vascular, and immunologic beginning involved in different constituents of the MetS. When the single constituents of Mets cluster together and this is associated with both the addition hazard of Diabetes and CVD ( Wild et al 2011 ) With many hazard factors for CVD included within the MetS assorted definition and standard ‘s, the purpose is provide utile early diagnosing of MetS that in bend identifies persons with cardinal fleshiness and cardio-metabolic hazard factors. ( Wild et Al 2011 ) . These persons are at increased hazard of type 2 diabetes, CVD, non-alcoholic fatso liver disease ( NAFLD ) and sleep apnoeas. These hazard factors like abdominal fat degrees can frequently be left untreated as separately they do non justify intercession. Not all fleshy people are at high hazard degrees of vascular disease, type 2 diabetes and NADFL. The Mets definition is aimed at placing the subgroups of these fleshy and corpulent persons that are at a high hazard of the effects of inordinate abdominal fat and Insulin Resistance ( IR ) . As mentioned above, several organisations have established their ain diagnostic standards for MetS, NCEP ATP III, AHA/ NHLBI, WHO, IDF, EGIR, and ACE. With In there diagnostic standards of the MetS, different combinations of predating pathological factors are required, including: Iridium, dysglycemia, low HDL-C, hypertriglyceridemia, fleshiness or increased waist perimeter, high blood pressure, impaired glucose tolerance ( IGT ) or DM, microalbuminuria and hyperinsulinemia. ( See Table 1 ) . The prevalence of the MetS is increasing throughout the universe ( who ) the many different estimations are nevertheless dependent on the definition used and the topic ( e.g. , sex, age, race, and ethnicity ) . The WHO and NCEP: ATPIII definitions are similar for fleshiness, high blood pressure, and dyslipidemia. The inclusion of requirements, IR, IGT, and type 2 diabetes of the WHO definition are more tapered. The estimations reached by the assorted definitions in a individual population are frequently really similar across surveies ; the rates are variable in subpopulations with MetS and besides between cultural groups. Therefore the planetary prevalence estimations of MetS vary and are unsure. Statistically, the incidence of metabolic syndrome is reported from assorted beginnings over the decennary is variable between the populations. It was estimated that 20-30 % European population is affected ( Vosatkova et al 2012 ) . The consequences of a wide-spread epidemiological survey carried out among the US population show metabolic syndrome prevalence of 23.9 % as defined by the standards of the National Cholesterol Education Program Adult Treatment Panel III and 25.1 % harmonizing to WHO standards ( Ford and Giles, 2003 ) . Most surveies used the NCEP-ATP III definition and showed an elevated prevalence of MS in different parts of the universe. Harmonizing to ( NHANES ) 2003-2006, about 34 % of people studied met the NCEP: ATPIII revised standards for MetS. ( Appendix Table 2 ) A reappraisal of current prevalence tendencies and statistics was carried out in by ( Marjani 2012 ) identified the following planetary incidence and epidemiological findings from assorted equal reviewed beginnings: The undermentioned information is taken from ( Marjani 2012 ) : The prevalence of MetS was found to increase with age with 20 % of males and 16 % of females under 40 old ages of age, 41 % of males and 37 % of females between 40-59 old ages, and 52 % of males and 54 % of females 60 old ages and over by and large. Incidence of metabolic syndrome additions as age progresses. In a survey in Turkey, the prevalence of the metabolic syndrome was 15.3 % , 23.1 % , 28.0 % , 26.0 % , and 20.5 % among people aged from 30 to 39, 40 to 49, 50 to 59, 60 to 69, 70 to 79 and a†°? 80 old ages old, severally. Study of Ford showed that the prevalence in the US was16.5 % and 46.4 % for males aged 20 to 60, and 19.1 % to 56.0 % , for females with additions in MetS prevalence with increased age [ 19 ] . World Health organisation predicts the prevalence of fleshiness to be 4.8 % in developed states, 17.1 % in developing and 20 % in less developed. Cardiovascular disease is one of the chief grounds of decease among adult females in the universe. .women aged more than 55 have a higher incidence of cardiovascular disease than younger adult females. In several surveies, the incidences of metabolic syndrome among postmenopausal adult females were found to be increased in the universe. The prevalence of metabolic syndrome ( utilizing the WHO definition ) in Ireland was 21 % . The prevalence was higher in males ( 24.6 % ) than in females ( 17.8 % ) . The Botnia survey † ( utilizing the WHO definition ) found the prevalence in Finland was 84 % and 78 % in male and female topics with type-2 diabetes, severally. In the United States, the prevalence of metabolic syndrome was 21.8 % utilizing the ATP III definition. Mexican Americans had the highest prevalence of metabolic syndrome ( 31.9 % ) . The prevalence was similar for male ( 24.0 % ) and female ( 23.4 % ) subjects. The prevalence in Isfahan ( Iran ) was 65.0 % with higher rate in females than males ( 71.7 % female and 55.8 % male ) . The prevalence in Karachi ( Pakistan ) was 79.7 % in type 2 diabetics, ( 45.5 % females and 34.3 % males ) . The overall prevalence of metabolic syndrome in type 2 diabetics in Japan was 168 ( 26.37 % ) out of 637 type 2 diabetic patients. The prevalence was higher in males ( 45.9 % ) than females ( 28.0 % ) . A survey done in Korean estimates the overall prevalence was 32.6 % . The prevalence was found to be 46.9 % and 65.1 % among males and females severally. The overall prevalence among Saudis with type 2 diabetes was 22.64 % ( 19.49 % male, 25.17 % female ) . The prevalence of metabolic syndrome in type 2 diabetic patients is higher in females ( 53.27 % ) than males ( 48.71 % ) , and that the prevalence of metabolic syndrome in Gorgan is appreciably higher compared with that in some other states. One of the latest and up to day of the month documents by ( Craig and Turner 2012 ) made a systematic reappraisal of 85 surveies. They found the average prevalence of MetS in whole populations was 3.3 % , in fleshy kids was 11.9 % , and in corpulent populations was 29.2 % . Although prevalence rates are varied throughout the universe it is clear that metabolic syndrome has developed into epidemic degrees and farther research is needed as the mechanisms of MetS are non to the full known ( Cornier et al 2008 ) . As described above, the general hypothesis to depict the pathophysiology of MetS is insulin opposition and abdominal fleshiness ( Cornier et al 2008 ) . Visceral fleshiness is the chief cause of the metabolic syndrome, and is associated with development of high blood pressure in the metabolic syndrome via a assortment of pathwaysA ( Figure1 ) . Metabolic Syndrome and its related upsets Insulin opposition Cardinal fleshiness Glucose intolerance Dyslipidemia with elevated triglycerides Low HDL-cholesterol Microalbuminuria Predominance of little heavy LDL-cholesterol atoms High blood pressure Endothelial disfunction Oxidative emphasis Inflammation Related upsets of polycystic ovarian syndrome, fatty liver disease ( NASH ) , and urarthritis A major subscriber is an surfeit of go arounding fatty acids, released from an expanded abdominal adipose tissue. Free Fatty Acids ( FFA ) cut down insulin sensitiveness in musculus by suppressing insulin-mediated glucose consumption. Increased degree of go arounding glucose additions pancreatic insulin secernment ensuing in hyperinsulinemia. In the liver, FFA increase the production of glucose, triglycerides and secernment of really low denseness lipoproteins ( VLDL ) . The effect is the decrease in glucose transmutation to glycogen and increased lipid accretion in triglyceride ( TG ) . Insulin is an of import antilipolytic endocrine. In the instance of insulin opposition, the increased sum of lipolysis of stored triacylglycerol molecules in adipose tissue produces more fatty acids, which could farther suppress the antilipolytic consequence of insulin, making extra lipolysis and more FFA. This build up of FFA from increased the volume of adipocytes lead to IR through the look of assorted proinflammatory cytokines. These cytokines, tumour mortification factor ( TNF ) -I ± , interleukin ( IL ) -1 and IL-6 are increased in adipose tissue but the production of anti-inflammatory adipokine adiponectin is reduced, this look is linked to systemic redness. The instability of pro- and anti-inflammatory adipokines, induces insulin opposition by impairing the insulin signalling procedure. ( acquire ref ) . This addition in cytokines promote lipolysis and increase Free fatty acids ( FFAs ) so causes endothelial disfunction and increased coronary artery disease hazard ( Wieser et al 2013 ) See ( Appendix Figure 2 ) Inflammatory cytokines have been reported in the development of high blood pressure. ( Grundy 2003 ) suggests a important association among redness, high blood pressure, and the metabolic syndrome. TNF-I ± stimulates the production of endothelin-1 and angiotensinogen. interleukin-6 ( IL-6 ) is a multifunctional cytokine which mediates inflammatory responses and stimulates the cardinal nervous system and sympathetic nervous system. This mediates an addition in plasma angiotensinogen and angiotonin II, and hence high blood pressure. ( Sarafidis and Bakris 2007 ) show that IR increases leptin and NEFA degrees thereby augmenting sympathetic nervous activation. The survey besides showed NEFA to raise blood force per unit area, bosom rate, and I ±1-adrenoceptor vasoreactivity, while cut downing baroreflex sensitiveness, endothelium-dependent vasodilatation, and vascular conformity. Insulin has anti-natriuretic and stimulates nephritic Na re-absorption. Insulin opposition and the ensuing hyperinsulinemia induce blood force per unit area lift by the activation of sympathetic nervous system and renin-angiotensin-aldosterone system ( RAAS ) causes sodium keeping and volume enlargement, endothelial disfunction and change in nephritic map. The subsequent hyperinsulinemia promotes the addition in sodium soaking up by the kidneys, which can impair force per unit area natriuresis, thereby doing high blood pressure in salt-sensitive persons. Hyperinsulinemia increases the sympathetic activity, taking to arterial high blood pressure. 1475-2891-7-10-1 ( 1 ) .jpg ( Figure 2 ) IR proposed tracts. YanaiA et al.A Nutrition JournalA 2008A 7:10 doi:10.1186/1475-2891-7-10 Insulin opposition is characterized by pathway-specific damage in phosphatidylinositol 3-kinase signalling. In the endothelium, this may do an instability between the production of azotic oxide and secernment of endothelin-1, taking to decreased blood flow. The accretion of splanchnic fat elevates the activity in the renin-angiotensin system, due to an increased production of angiotensinogen, which accordingly favours arterial high blood pressure. FFAs contribute to endothelial disfunction by a combination of lessened PI3K-Akt signalling, increased oxidative emphasis. And increased ET-1 production. Insulin opposition and splanchnic fleshiness are associated with atherogenic dyslipidemia ( Semenkovich, 2006 ) . Atherogenic dyslipidemia can develop from increased ( FFAs ) . They are known to assist the production of the lipoprotein ( apoB ) within ( VLDL ) atoms, ensuing in more VLDL production. Insulin usually breaks down apoB through PI3K-dependent tracts, therefore insulin opposition additions VLDL production. Hypertriglyceridemia in insulin opposition is the consequence of both an addition in VLDL production and a lessening in VLDL clearance. VLDL is metabolized to remnant lipoproteins and little dense LDL, both of which can advance atheroma formation. Insulin opposition besides causes endothelial disfunction by diminishing Akt kinase activity, ensuing in lessened eNOS phosphorylation and activity. Phosphorylation of eNOS is required for the hemodynamic actions of insulin, this consequences in lessened blood flow to skeletal musculus and endothelial disfunction that so worsens insulin opposition. The metabolic consequences of drawn-out insulin opposition produce Glucose intolerance. AS mentioned earlier, glucose consumption in adipocytes and skeletal musculus cells is decreased and can no longer be absorbed by the cells but remains in the blood, but hepatic glucose production is increased. Therefore an overrun insulin by beta cells to keep plasma glucose homeostasis. Once the pancreas is no longer able to bring forth adequate insulin to get the better of the insulin opposition, impaired glucose tolerance ( IGT ) develops. Harmonizing to the World Health Organization, IGT is a pre diabetic status in which serum glucose concentrations range between 140 and 200A mg/dL 2 H after a 75A g glucose burden ( WHO ) Persons with IGT have extended loss of first stage insulin secernment and a decreased 2nd stage, and persons with type 2 diabetes have small first stage insulin release at all. ( Mackie and Zafari 2006 ) Postprandial hyperglycaemia appears to bring forth oxidative emphasis, addition protein glycation, addition hypercoagulability, and damage endothelial cells, all of which promote coronary artery disease. Hyperglycemia is a well-known hazard factor for micro and macrovascular disease ( HutchesonA andA Rocic 2012 ) and is associated with increased morbidity and mortality via means an increased hazard of CVD and type 2 diabetes among others. Metabolic syndrome is associated with increased oxidative emphasis. Recent documents suggest that some of the implicit in pathologies contribute more entire oxidative emphasis than others ( HutchesonA andA Rocic 2012 ) ( huge grounds to see, more research needed ) Adipose tissue has been shown to lend to the production of reactive O species and proinflammatory cytokines, including TNF-I ± , IL-6, and IL-18. Previous surveies showing that fleshiness and MetS are independently associated with increased oxidative emphasis and inflammatory load. The presence of MetS exacerbates oxidative and inflammatory emphasis in corpulent grownups with higher systemic markers of oxidative emphasis and low-grade chronic redness in corpulent grownups with MetS compared with corpulent grownups free of MetS ( Guilder 2006 ) . Cross-sectional informations from 2,002 non-diabetic topics of the community-based Framingham Offspring Study has shown that systemic oxidative emphasis is associated with insulin opposition ( Meigs 2007 ) . There are besides negative effects of inordinate and deficient slumber on metabolic syndrome prevalence are described in ( Vosatkova et al 2012 ) . Despite a familial background of the upset, its outgrowth and development are strongly influenced by life manner. Therefore, intervention metabolic syndromeA by and large focuses onA diet and exercising. regularA physical activityA and a diet with aA restricted Calories intake, that is high inA whole grains, A monounsaturated fatsA and works nutrients ( such as theA Mediterranean diet ( Kastorini 2011 ) . The medical direction of metabolic syndrome includes CVD hazard, Blood force per unit area control WITH ( angiotension-converting enzyme ( ACE ) A inhibitors AND ORA angiotension receptor blockersA ( ARBs ) , drug therapy for Cholesterol withA lipid-lowering medicines ) , preventive Diabetes intervention and Exercise rehabilitation plans to help loss and mobility, In decision prevalence of metabolic syndrome is increasing steadily across assorted populations increasing hazards CVD and Diabetes related co-morbidities. Metabolic syndrome includes insulin opposition, splanchnic adiposeness, atherogenic dyslipidemia and endothelial disfunction and their ain related effects. The pathophysiological mechanisms of Mets are all interconnected. With changing planetary statistics and multiple universe definitions and standards a comprehensive cosmopolitan definition of the metabolic syndrome is needed for elucidation. The NCEP ATP III definition uses straightforward standards that are measured readily AND easiest to use clinically and epidemiologically. Metabolic syndrome and its different definitions do place the pathophysiological mechanisms that underline the procedure Insulin opposition and cardinal fleshiness are clearly cardinal constituents of the disease as they both cause glucose intolerance and dysplycemia. Metabolic syndrome is complex and there is new research on traveling. The best signifier of bar seem to be an easy hole for most MetS persons, lifestyle alterations and weightless.

Case Study of Bata Ltd Essay

Bata Ltd. is a privately owned global shoe manufacturer and retailer headquartered in Ontario, Canada. The company is led by a third generation of the Bata family. With operations in 68 countries, Bata is organized into four business units. Bata Canada, based in Toronto, serves the Canadian market with 250 stores. Based in Paris, Bata Europe serves the European market with 500 stores. With supervision located in Singapore, Bata International boasts 3,000 stores to serve markets in Africa, the Pacific, and Asia, Finally, Bata Latin America, operating out of Mexico City, sells footwear throughout Latin America. All told, Bata owns more than 4,700 retail stores and 46 production facilities. Total employment for the company exceeds 50,000. Company Founded in 1894 The Bata family’s ties to shoemaking span more than two dozen generations and purportedly date as far back as 1580 to the small Czech village of Zlin. However, it was not until 1894 that the family began to make the transition from cobblers to industrialists. In that year, Tomas G. Bata, Sr. along with his brother Antonin and sister Anna, took 800 florins, some $350, inherited from their mother and launched a shoemaking business. They rented a pair of rooms, acquired two sewing machines on an installment plan, and paid for their leather and other materials with promissory notes. They produced stitched, coarse-woolen footwear. Within a year, the business was successful enough to enable the Batas to employ ten people in their factory, such as it was, as well as another forty who worked out of their own homes. In the same year, 1895, Antonin was drafted into the military and Anna quit the business to get married, forcing Tomas to assume complete control of the venture. He was just 19 years old. In 1900, Bata moved the operation to a new building located close to Zlin’s railway station and took the first major step in industrialization, installing steam-driven machines. The company enjoyed success producing light, linen footwear that appealed to a large portion of the population, who could not afford better-made leather shoes. Nevertheless, Bata came close to bankruptcy on more than one occasion and concluded that in order for his business to survive he needed to find more efficient ways to manufacture and distribute shoes. In 1904, he and three employees took a trip to the United States to learn firsthand the ways of mass production. Bata spent six months working as a laborer on a shoe assembly line in New England. On his way back to Zlin, he also took time to visit English and German factories. Upon his return home, Bata began to transform the family shoe business, not only by applying the latest production techniques–which would one day earned him the moniker, â€Å"the Henry Ford of the shoe industry†Ã¢â‚¬â€œbut also by finding a way to preserve the role of workers, which all too often changed dramatically during the transition from an artisan to an industrial approach to commerce. The Bata shoe business began to experience steady growth, so that by 1912 it was employing 600 full-time workers plus another few hundred who worked out of their homes in neighboring villages. Tomas Bata now began to exhibit another side to his personality, the social idealist. Because there was a shortage of housing in Zlin for his new workers, he constructed new homes, which he rented at cost. He also offered inexpensive meals in factory cafeterias and free medical care. He even built a new hospital to care for his workers. However, as soon as they began to earn higher incomes, area merchants raised prices. In answer, Tomas Bata opened his own less-expensive company stores to ensure that his employees were able to enjoy the fruits of their success. He also took steps to identify management talent among the ranks of his workers and instituted a training program that was ahead of its time. World War I Boot Contract a Turning Point Bata received a major boost in 1914, following the outbreak of World War I, when the company received a contract to produce boots for the Austro-Hungarian army. From the waste of these items, the company produced the uppers to a wooden shoe that it sold to the lower classes. Tomas Bata then invested the profits in new machinery, as well as in the opening of new retail shops, so that the business was well positioned to take advantage of the economic boom of the 1920s. Before the company could enjoy this strong period of growth, however, Tomas Bata and his employees were forced to take a major gamble together. In the years immediately following the end of World War I in 1918, an economic slump prevailed across the globe, leading to significant unemployment. Czechoslovakia, formed as part of the peace settlement of World War I, attempted to fight inflation, which had already devastated Germany, by adopting tight monetary controls. As a result, the country’s currency lost three-quarters of its value, which in turn led to a drop in demand for products, a cutback in production, more unemployment, and even less consumer demand–developments that together threatened national economic devastation. In August 1922, a group of industrialists met to discuss their plight. Unlike the others, Tomas Bata did not simply throw up his hands and blame the government. Instead, he called on the industrialists to take decisive steps to stimulate market demand, and he shocked everyone by announcing that he was going to cut the price of Bata shoes in half. Once the surprise of the moment wore off, Bata’s audience simply laughed at him. Bata was able, however, to convince his workers that he had a plan, albeit a radical one, that would work. He believed that the company had to cut costs to the bone and work at peak efficiency in order to halve the price of Bata shoes. Workers, ignoring their union leadership, accepted a 40 percent reduction in wages across the board. Tomas Bata, in turn, provided food, clothing, and other necessities at half-price to mitigate the loss of wages. In addition, he introduced measures that were pioneering, including the creation of individual profit centers and incentive payments to both management and workers to spur productivity. With his operations lean and efficient, he then launched a national advertising campaign. The response from consumers was swift and dramatic, as Bata stores, which had been virtually empty for months, were now swamped with customers looking for inexpensive shoes. Bata was forced to increase production, and not only did the company maintain full employment, it began to hire. The decision to cut prices proved to be a turning point in the history of the company, which now grew at a tremendous pace. Tomas Bata continued to innovate, improving on productivity primarily through the introduction of an assembly line approach. After five years, productivity improved 15-fold; after ten, the retail price of Bata shoes dropped by 82 percent. The employees’ faith in Tomas Bata was also rewarded. After accepting a severe wage cut in 1922, by 1932 they had seen their salaries doubled. They were now working for the largest shoemaker in the world. According to company lore, in fact, in some developing countries â€Å"bata† gained currency where there was no word for â€Å"shoe. † Moreover, Bata became involved in a variety of other industries, including socks, leatherwork, chemicals used in leather making, shoemaking machinery, wooden packing crates, tires and other rubber goods. The company launched its own film studio to produced advertising materials, and it soon evolved into a full-fledged enterprise that produced some of the earliest animated films. Because of the company’s involvement in transportation, as Bata became the world’s largest exporter of shoes, Tomas Bata even became involved in the manufacture of airplanes through the Zlin Air Company, which produced both sporting and business planes. He also became famous for housing his headquarters in the tallest reinforced concrete office building in Europe, which featured an elevator that housed his â€Å"floating office. † With a push of a button, Bata was able to confer, and keep an eye on, his employees on every floor without leaving his desk. Bata established operations in new markets, such as Singapore in 1930. The company, which in 1931 adopted a joint stock company form of organization, also established subsidiaries and shoe factories in a number of European countries as a way to circumvent tariffs that had been imposed in response to a worldwide economic depression. In mid-1932, Tomas Bata called together his team of executives and announced that in order for the company to weather increasingly difficult economic conditions and drive further growth, they would have to look to more distant markets, in particular North America. Just two days later, however, Tomas Bata was killed when an airplane he was in took off in a thick fog and crashed into a chimney of one of his buildings. He was 56 years old. Bata left a 22-year-old son, Thomas J. Bata, whom he had groomed since childhood to one day head the business, but in the meantime Bata’s half-brother Jan took over and continued the mentoring process. It was Thomas Bata who was to be dispatched to North America, to which the company was already exporting shoes, to establish a manufacturing operation. While most executives in the organization lobbied for the United States as the location for a plant, the young Bata was fixated on locating the business in Canada, a place he had romanticized since childhood after reading the works of Jack London. With the rise of Nazi Germany in the 1930s, the importance of organizing a North American operation took on increasing importance, as the company now made plans to relocate its headquarters to the West. In March 1939, with Germany on the verge of invading his country, Thomas Bata fled to Canada along with 180 Czechoslovakians. After being granted permission from the Canadian government, he started up operations in Frankford, Ontario, taking over a former Canadian Paper Company mill while a new factory was built. To aid in the Allied war effort, the company focused its personnel and equipment on the production of anti-aircraft equipment and machines used to inspect ammunition. For his part, Jan Bata moved his headquarters to the United States, but when blacklisted by the Allies he was forced to relocate to Brazil. The Bata Shoe Organization, as it was called, was now split between uncle and nephew, resulting in an eventual contest for management control and ownership. Thomas Bata essentially prevailed in 1949, but the contest continued to be played out in the courts of numerous countries until the end of 1966. The return of Bata operations lost to the Nazis was short lived after World War II. In 1945, the communist government installed in Czechoslovakia by the Soviet Union had nationalized the country’s industry, usurping the original Bata shoe factory in Zlin and the company’s far-flung network of shops. Even Zlin’s name was changed, becoming known as Gottwaldov, a tribute to the country’s first communist president. ) Bata was further stripped of assets as other countries, including East Germany, Poland, and Yugoslavia, also nationalized their shoe industries. Now based in the West, Bata and its many Czechoslovakian expatriates began to rebuild the business, taking on an almost missionary zeal in the process. Rather than organizing in a centralized manner, the company established a structure based on autonomous operations, primarily in the new markets of developing countries. Also following the war, Thomas Bata married an aspiring architect named Sonja, a woman who would play an influential role in the success of the company, supplementing her husband’s manufacturing and sales expertise with a sense of design and style. By the mid-1950s, Bata was operating 56 factories in 46 countries. Thirty years later, Bata was in 115 countries, selling close to $2 billion worth of footwear each year through 6,000 company-owned stores and 120,000 independent retailers. Bata Shoes Returns to the Czech Republic in 1991 In the 1970s and 1980s, the manufacture of shoes began to shift increasingly to Pacific Rim countries, where lower labor costs provided a competitive edge that proved devastating to shoe companies around the world. With its widely cast operations and well-established distribution network, Bata was better able to compete, but it too suffered from a softening in its business. With the fall of communism in the late 1980s, Bata was able to return to the country where the family business was founded. The company was not able to resume ownership of its prior assets, which has been combined with other Czech shoe operations, nor did Bata wish to be encumbered with facilities that the communists had neglected for more than 40 years. Nevertheless, Thomas Bata was committed to establishing a business in his native country. After some study, the management team elected to focus on a retail distribution business and a modest manufacturing facility, one that was not part of the old Bata operation. A small factory established by the communist regime was found acceptable, and the company then selected a number of retail locations, which would total a 20 percent market share, and presented the government with a joint venture proposal that was accepted in late 1991. Thomas Bata, at the age of 80, elected to retire in 1994. His son, Thomas Bata, Jr. , had been serving as president since 1985. According to The Globe and Mail, Thomas, Jr. â€Å"took over at a time when the international shoe maker was experiencing heightened competition from strong global marketers. The movement toward free trade challenged its network of quasi-autonomous national companies. Mr. Bata tried to make changes, but insiders says he lost the support of key members of the board. † He was widely expected to succeed his father, but to the surprise of many, Stanley Heath, a Canadian with considerable executive experience with RJR Nabisco, took over as president and CEO to assume the day-to-day running of the business, while the younger Bata assumed the chairmanship, ostensibly charged with focusing on the â€Å"big picture. He soon left the family business and moved to Switzerland. His father, with a reputation as an autocrat, was slated to become honorary chairman, but the post proved to be far from ceremonial, as he continued to be involved in the company’s operations on a day-to-day basis and was not reticent about letting management know his opinions. Little more than a year after coming to Bata, Heath resigned for â€Å"personal and family reasons. â⠂¬  Taking over for Heath was a loyal company man, Rino Rizzo, who had been with the Bata organization since 1969. In 1999, Bata brought in Jim Pantelidis, an executive who had no experience in the shoe industry, to assume the CEO position. Pantelidis’s background was in retail gasoline sales, and during his career he had worked for one of Canada’s largest chains, Petro-Canada Corporation. Pantelidis instituted a plan to develop regional shoe lines, as opposed to lines created for individual countries. In addition, he wanted to create economies of scale by building regional infrastructures. The goal was to use the regional infrastructures to position the Bata brand on a global basis. The tenure of Pantelidis lasted just two years. In late 2001, Thomas Bata, Jr. returned, gained control of the business, and was named chairman and CEO, while Pantelidis left to â€Å"pursue other challenges. † Bata began to reorganize the company, essentially running the business out of Switzerland. It remained to be seen if he would be able to succeed where outsiders had failed in the effort to transform Bata from a federation of stand-alone local subsidiaries into a truly international company. Principal Subsidiaries: Bata Canada; Bata Europe; Bata International; Bata Latin America. Principal Competitors: Footstar, Inc. ; Jimlar Corporation; Payless ShoeSource, Inc. Product Profile: Legendary quality, trend-setting styles, and a tradition of innovation that goes back to 1894. For more than 100 years, the Bata brand has offered the best shoe at the best price. With contemporary and classic styles, the Bata collection has shoes and accessories for active men and women who appreciate great design and understand the meaning of value. Everyday shoes that look good and feel even better; nobody knows shoes better than Bata. Bata Ambassador Combining Italian design with handcrafted detail and the highest quality leather, Bata’s premium Ambassador brand sets the standard for European footwear. And its trend-setting style doesn’t sacrifice comfort. The Ambassador offers a flexible genuine leather upper, a leather lining to absorb moisture, and a polyurethane sole for a firm grip. A contemporary classic for the man who knows where he’s going. Combining great-looking style and design with the latest technology, Bata Benefit offers the ultimate in healthful comfort for men and women. Developed at Bata’s Shoe Innovation Centre in Europe, the Benefit collection breaks new ground in shoe design, exceeding the expectations of even the most discriminating customers. From sporty and casual to elegant and formal, From Bata Flexible, Bata Antistatic to Bata Air System, all Benefit shoes are made with high-quality leather and Bata’s trademark precision.

Seven Deadly Sins

Memoir/ Reflection Essay The seven deadly sins are always view in a negative way. Well since they are considered sins I guess they will ways be viewed that way. Like Pride is the desire to be better than everyone and love only oneself. Wrath is to have uncontrollable feeling of hatred and anger. Greed is to have a very excessive or plundering desire and pursuit of wealth, status, and power. Gluttony is excessive desire for food, or its withholding from the needy. Sloth is the failure to apply your talents and gifts by being lazy. Lust is excessive thoughts or desires of a sexual nature. Envy is to be jealous of what someone or something you lack. But I think there is something good about the sins also. People never think about how these sins could be contributed into something good. Pride or Vanity is a dangerous yet sometimes helpful thing to have. It can help you show why your the right person for a job or why you deserve something more than someone else. But it can also lead to a lot of negative things as well. It can make you sound too full of yourself or make you sound cocky leading to people starting to find you annoying or even making them so jealous of you they start to hate you. So its on you to decide what is more important, either having the people you know and love hate you for what you have or on the other side having them love you for your accomplishments. I feel like vanity is the sin that could make you or break you depending on how you spin it. Wrath or as it's more commonly known Anger is a sin that people experience more with other people or things than just by themselves. I feel wrath is the most violent of the sins as it is the act of people hating other people and with hate people tend to hurt others either physically or emotionally out of rage or revenge. We have seen wrath at its worst when the Twin Towers were crashed into. People led from being depressed to being so mad that our military had a dramatic increase just because people wanted to get back at the third world countries involved. But in turn that anger also led to our country being more patriotic than ever before. We have had more support from our civilians because of this Wrathful feeling, So I feel wrath is a important part in everyday lives whether good or bad. Avarice or Greed is what most people see as the root of evil. It goes back to the story of Eden where Adam and Eve were tempted into eating the apple from the tree. But these days People are greedy for a variety of reasons, the most commonly being money. The second most common reason would tie into people just wanting more than everyone else. But sometimes that's not always a bad thing. I have seen people use greed to a good advantage. A prime example would be how greed led the economy to be great before this war. We wanted more so we spent more which led to people having more jobs and more work time to make the things we wanted to buy. So yes I think greed can be a evil thing but also as a great thing. Gluttony is a tricky sin to say the least. Most commonly seen as the act of eating too much, it is actually just when you over indulge in anything. You could over indulge in time spent on something specific like how much time you spent trying to beat a certain game or time spent arguing over a certain point. But when related to food you can see Gluttony when people eat too much food or when people add things to their food just to have a more satisfying taste instead of just eating to sustain life. I personally see gluttony as a growing satisfaction in peoples lives all around me. People love to eat, and again it can't be all that bad because it does still help out economy if we keep buying more and more food even if we don't need it. Sloth or better known as laziness is a sin everyone goes through at some point in everyday we live. Whether its not wanting to get up and do what we have to do or wasting time not pursuing things that we have the skills to do just because we don't want to use them. Personally I see sloth as the window to a wasted life. We all have things we wish we could do but are to slothful to start. I used to play a lot of instruments as a kid and now a days I don't play but i wonder if I did what could of happened. But again sloth, like every other sin is not always bad. Maybe your slothful while trying to think of details for something like a wedding or even a paper your writing. You waste all this time just thinking instead of rushing through it that it may actually turn out to be a very good piece of writing. some things in life just take a little waste of time to make sure everything's right. Lust is a very satisfying yet depressing sin to think about. It is the act of wanting someone or something so bad you do anything you can to get it. I have seen lust used all over this world and it can sometimes be a very scary thing. It can lead to false love or rape and it can also lead to dictatorships. Lust is something people all feel but have to learn to control as well. The story of Alexander The Great is a perfect example. He lusted for control and territory and through this lust he became one of the greatest kings back in the old days. Now I feel lust could be a good thing as well but only if used right. Maybe your lust for someone can lead you to find out that you actually can fall in love with that person. You just have to learn to control your feelings and your cravings to allow yourself to do so. Envy is the sin that can trick your mind so well that you can't tell right from wrong. I have seen people being so envious of another it utterly destroys them emotionally and sometimes even physically. To be jealous of what other people have and look like is something that goes through every persons mind. You may ask yourself â€Å"Why are they so much better looking than me? † or even â€Å"Why can't I have that? â€Å". In my life I have felt this way just as much as everyone else but it lead me to learn that life isn't about what you do or don't have, but rather what you earn or what you do with what you have instead. The only way you can truly live happy is to realize your not like everyone else. Your you and there is nothing wrong with that fact. Now Envy can be a good thing to though. Maybe your not doing anything with your life. Maybe your not going to school or don't have a job yet you see everyone else doing it so you get so jealous you decide to do it yourself. That's not a bad thing at all. So I have learned don't be envious, but just learn and do what needs to be done to make your life the way you want it to be. The seven deadly sins could have two observations about them; good and bad. So I think people shouldn’t always go by the negative views about something. Instead of seeing the glass half empty, they should see it half full. But yet again it is the seven deadly sins so no matter what they are always going to be view in a bad way.