Toyotas Work Model Financial Statements Free Essay Example, 2750 words

Critical analysis of financial statements indicated that Toyota has decreased its research and development expenditure as compared to the last financial year 2011 from 6.8% to 4.2% of net revenues (Toyota, 2012, p. 32). In order to provide customers with environment-friendly and desirable vehicles, Toyota performed recalling of over 200 thousand models in hybrid cars and Lexus. Despite the encouraging effect of overall cost reduction per unit i. e. Yen 102 748 million, which reflected in prices as well, it sustained an operating loss of 112,652 million as compared to last fiscal year. Therefore, despite substantial R D expenditure, the strategic goal of having a satisfied customer and increased revenue of Yen 1 trillion could not be achieved. Further analysis indicated that Toyota has invested in other non-automotive businesses that added to its operating income equal to 6.8 billion which is 19.8 percent as compared to last year s 7.9%. These non-automotive businesses include Inte lligent Transport Systems (ITS), information technology and telecommunications, e-TOYOTA, housing, marine, and biotechnology and afforestation businesses (Toyota, 2012, p. 26). Most of these ventures are live examples of its vision 2011 which included the development of smart communities through IT developments. We will write a custom essay sample on Toyotas Work Model: Financial Statements or any topic specifically for you Only $17.96 $11.86/pageorder now Commercializations of the Driving Safety Support System, an onboard navigation system for public highways are further examples of its commitment to the development of smart communities. Toyota has been known for its cost-effectiveness and high-quality consumer products since its very inception. Due to massive production and presence in various countries, Toyota has been able to utilize economies of scale and also act as a corporate citizen that develops communities wherever it is present. Toyota is one of the market leaders who have presented hybrid cars that are energy efficient and environment-friendly. Furthermore, its extensive research and developments plan also strengthen the quality of its existing product line and mitigate faults in new models. Toyota has been focusing on reducing gasoline consumption and making green cars that address concerns of environmentally conscious customers.

The Treaty Of Versailles Ended World War I - 1480 Words

In 1919, the Treaty of Versailles ended World War I. The Treaty proclaimed that Germany was to take full blame of the war and pay several reparations, ergo Germany fell into a state of decline. The detestation for both the loss of war and the Treaty of Versailles are simply a few of the factors that enabled Adolf Hitler to rise to power. Hitler and the Nazi Party underwent many policies to construct his ideal Germany. This investigation will focus more directly on Hitler’s domestic policies and how they reflected his pro-Aryan beliefs in order to fully answer the research question: Analyze how Hitler’s domestic policies after 1933 impacted women and minorities. Hitler’s domestic policies largely fostered the negative treatment of those of†¦show more content†¦Due to the state of his country, it is clear why Hitler would write so negatively about the world. A secondary source that was used for this investigation was the United States Holocaust Memorial Mu seum website. The museum’s Council includes many representatives, one of whom is Elie Wiesel, one of the world’s most famous Holocaust survivors. Obviously, the Museum’s information is valued since it has both historical information and valuable first-hand accounts. Furthermore, a value to this information is that it was initiated in 1976. Creating a museum decades after the incident allows the creators to correctly piece the Holocaust with its’ origins and its’ results. A limitation to this source, however, is that it is established in the United States, hence the museum is limited to the American perspective. As America fought against Germany in the war, information from America comprehensibly views Germany’s actions negatively. The Nazi’s attitude towards women can be broken down into two phases: before and during World War II. Hitler considered women as lesser than men. Women as mothers were all they should be, as â€Å"‘emancipation of women’ was invented by Jewish intellectuals and was clearly associated with Marxism† (Simkin). Hitler used the widespread fear of communism to persuade Germans against women emancipation. He then encouraged women to stay at home and reproduce, for they were to

Equality and Diversity in the Care Home Setting Free Essays

string(36) " every minute throughout the world\." Our work place policies, procedures, codes of practice and legislation requirements for:- Diversity is respecting and maintaining the dignity and privacy of clients recognizing issues associated with the identity needs of other service users as well as the clients own interpretation of dignity and respect and the right to express his/her own identity, culture and lifestyle. Equality is ensuring people are treat with fairness no what their age, race or gender; treating people according to their individual needs. To protect the rights and promote the interests of clients and employees respect for individuality proving and promoting equal opportunities recognizing individuals needs of care and preferences. We will write a custom essay sample on Equality and Diversity in the Care Home Setting or any similar topic only for you Order Now Supporting clients to take control of their own life choice and independence. For example I was facilitating a group regarding substance misuse and a client told me she didn’t need to be there as she never used drugs and wasn’t a â€Å"junky† but everyone else did. I explained to the client that alcohol was a drug and that the group was to inform everyone of the potential risk of any drug and that it would be beneficial for her to stay and also within the unit no matter what substance a client used everyone was here for the same reasons. Inclusive practice is about the attitudes, approaches and strategies taken to ensure that people are not excluded or isolated. It means supporting diversity by accepting and welcoming people’s differences, and promoting equality by ensuring equal opportunities for all. I use this daily in my job by including all clients in activities that I am undertaking for example a quiz or relaxation, everyone is welcome and to those who are too poorly I reassure that there will be other activities on during the week. Discrimination is upholding public trust and confidence in social care services and not abusing, neglecting or exploiting clients or colleagues. Not discriminating or condoning discrimination or placing yourself or others at necessary risk. Providing clients and employees, a work place with freedom from discrimination on the basis of race, sex, ability, sexuality or religion. Again I use this on a daily basis as we don’t discriminate against anyone. Everyone can use our service providing they meet the criteria (ie substance misuser). We have groups for everyone and ask for participation off everyone. If a client was needing any external services ie for religious matters we try to accommodate as best we can. The following legislation relates to all of the above and is used everyday where I work by myself, my colleagues and some by the clients that use our service. †¢The Human Rights Act 1998- This covers many different types of discrimination, including some that are not covered by other discrimination laws. Rights under the Act can be used only against a public authority, for example, the police or a local council, and not a private company. However, court decisions on discrimination usually have to take into account what the Human Rights Act says. The Equal Pay Act 1970 (amended 1984)- This says that women must be paid the same as men when they are doing the same (or broadly similar) work, work rated as equivalent under a job evaluation scheme, or work of equal value. †¢The Sex Discrimination Act 1975 (amended 1986)- This makes it unlawful to discriminate against men or women in employment, education, housing or in providing goods and services, and also in advertisements for these things. It’s also against the law, but only in work-related matters, to discriminate against someone because they are married or in a civil partnership. Race Relations Act 1976 (amended 2000)- This states that everyone must be treated fairly regardless of their race, nationality, or ethnic or national origins. †¢Disability Discrimination Act 1995. This states that a person with a disability must not be treated less fairly than someone who is able-bodied. †¢Employment Equality (Religion or Belief) Regulations 2003. This says it is unlawful to discriminate against people at work because of their religion or belief. The regulations also cover training that is to do with work. Employment Equality (Age) Regulations 2006- This says it is unlawful for an employer or potential employer to discriminate against y ou at work because of your age. The Residential Care and Nursing Homes Regulations 2002. This protects the rights of people living in care homes. †¢Health and Social Care Act 2008. – This Act established the Care Quality Commission (CQC), whose remit is to protect and promote the right of people using health and social care services in England to quality care and to regulate its provision. In October 2010 a new legislation began that was the Equality act 2010 this involves most of the above legislation and brings them all together into one act. This means that within my workplace each member of staff has to adhere to this legislation and ensure that everyone that comes into our building is treated with dignity and respect, they are not discriminated against in any way and everyone receives the correct level of treatment as and when needed. The most common forms of discrimination are racial remarks, slurs, being called insulting names and being the butt of hurtful jokes. Studies have found that discrimination, racism and harassment may have significant mental and physical health consequences such as frustration, stress, anxiety, depression, possible nervous breakdown, or high blood pressure that can cause heart attacks. Effects of discrimination physically and emotionally: Depression, Anger, Loss of self-esteem, Isolation, Feeling stressed or unable to cope. Stereotyping is another form of discrimination for example we stereotype a teenager, with a hood up, as being bad and up to no good. This is wrong they could just be cold. But if this teenager is told over and over again that they are bad there is always a possibility that they could think well if I am getting labelled I may as well do it. This is a damaging effect of discrimination and one that happens every minute throughout the world. You read "Equality and Diversity in the Care Home Setting" in category "Papers" Inclusive practice is best practice. Health and social care workers demonstrate inclusive practice by working in ways that recognise, respect, value and make the most of all aspects of diversity. Having a sound awareness of and responding sensitively to an individual’s diverse needs supports them in developing a sense of belonging, well-being and confidence in their identity and abilities. And it helps them to achieve their potential and take their rightful place in society. Inclusive practice involves having an understanding of the disastrous impact that discrimination, inequality and social exclusion can have on an individual’s physical and mental health. Having such an understanding ensures appropriate, personalised care and support, thereby enabling an individual to develop self-respect and maintain a valued role in society. Because people who fail to support diversity or promote equality are usually entirely unaware of their attitudes and the impact of their behaviour, inclusive practice involves reflecting on and challenging one’s own prejudices, behaviours and work practices. It also involves challenging those of colleagues and other service providers, with a view to adapting ways of thinking and working and to changing services to build on good practice and to better support diversity and promote equality. If I suspected a colleague was discriminating against a client within the nit I would report this immediately to the nurse in charge and then report it to the clinical lead and management. I would offer the client support and advice and also reassure them that inappropriate behaviour from staff is not tolerated within the unit and I would also offer them a complaints form and reinforce them to report any further incidents to staff on duty immediately. However if I feel I am the one that has been discriminated against I should then raise a grievance in accordance with the grievance procedure or through the bullying and harassment procedure. Information, advice and guidance about equality, diversity and discrimination can be sourced via the internet, companies policies and procedures, employee handbooks, line managers and managers, also from colleagues. I have found working on my NVQ I have had to research a lot. Therefore the internet has been invaluable. It is also amazing what resources I have found at work when asking colleagues advice and found there knowledge a big help when discussing iot with them. Duty of care means providing care and support for individuals with the law and also within the policies and procedures and agreed ways of working with your employer. It is about avoiding abuse and injury to individuals, their family, friends and property. I have a duty of care to safeguard individuals from harm, reporting concerns of abuse/ neglect this may include evidence or suspicion of bad practice by colleagues or managers or abuse by another individual- worker, family or friend. It means that when someone is a patient or even under care in a residential home or their own, the care giver has a duty to provide whatever care is best for them! They should see that they are treated with respect, provided with help when needed, given medication when required and generally looked after. We have a duty of care to everyone that walks in the building including colleagues and visitors, everyone has there own duty of care to themselves and the others around them. For example if the fire alarm was to sound we have a duty of care to ensure everyone gets out of the building including ourselves. A potential dilemma I have faced recently was that I overheard a conversation between two clients. One client telling the other that they had drunk over the weekend, but had not told a member of staff and when they returned to the unit on Sunday evening, had not registered on the breathalyzer, therefore had not been â€Å"found out†. The client did not realise that I had over heard the conversation and went back to his room. I felt it was my duty of care to inform his keyworker of this but felt it was his right as a person to tell her himself, as I had only overheard the conversation, it was not directed at me. I went to see my line manager with a hypothetical scenario and asked her advice. She advised me to speak with the client and let him know that I had overheard the conversation and I was leaving it up to him to decide what he would do. So I did this. I advised the client that I had overheard him and I felt he was putting himself and others at risk because he thought he could do this again and get away with it again and other clients would start to do the same. He agreed with me and asked if I could tell his keyworker he wanted to speak to her. He told her everything and was put on a no pass for 4 days. Another potential dilemma is if I suspect a client has been using drugs or drinking alcohol within the unit I am able to breathalyse or urine screen whenever I feel the need. This is providing a duty of care to all clients. Assessing the levels of risk are always done before a client enters the building, the referrer has to send a level 3 assessment before the client has an assessment in the unit or admitted a level 3 assessment provides all the information about the clients past that health professionals must be aware of. The risk assessment is studied carefully and if the client has a high risk record towards staff or other clients they will be refused an assessment or admission to the unit. Risk assessments are done by a nurse before the client even enters the building if they think they may be a threat to themselves or others they will not be permitted to use our service. If the nurse feels there is no threat and that client is allowed in the unit then a care plan is drafted on admission and the client is made aware of any circumstances that will be involved if any risk is felt throughout there stay. If the client is low to medium we would put in place to appropriate action and steps into place to avoid any staff or other clients in the unit of any risks for example staff members working in pairs and monitoring the client at all times reinforcing to the client any inappropriate behaviour towards clients or staff will not be tolerated and company policies and rules must be followed at all times while they are a res ident in the unit. If the client was to breech company rules or intimidate a client or member of staff they would be immediately discharged and they will be made aware of this on admission. Managing risk associated with conflict or dilemma is done by mainly doing risk assessments. On some occasions this may need to be done on the spot and action taken immediately for example if a trip was going ahead and two clients were arguing you have to think on your feet to calm the situation down firstly and then think of the next step for example saying that neither client is now coming on the trip and explain your rationale behind the decision whether it is that you do not feel the clients will be able to get along outside of the unit and may start arguing again therefore putting themselves and others at risk. Or that you decide both clients come on the trip but think of a care plan for while you are out so everyone is aware of what is happening and what is going to happen. We have had examples of risk on several occasions the main one being if a clients visitor is under the influence on arrival to the unit and not allowed to visit. They must be escorted off the premises as soon as possible and sometimes they become very angry or agitated because of this. If this was to happen I have to think on the spot and work out the best plan of action it could be talking rationally and explaining the nature of the building and that there is no way we could let a visitor in that was intoxicated even if they would cause no harm it is unfair on other clients having to smell the alcohol. I would explain that they could return the next day if this was convenient as long as they were not under the influence. If this did not work I would try to talk to them again and explain if they did not leave then I would have to phone the police. All clients are made aware on admission of the companies complaints policy, forms are available from any member of staff and will also be within the client handbook given on admission. If a client asks for a complaints form then I would ask them if there was anything that I could help with firstly or another member of staff if they wish. If they say no then I would get the complaints form and reiterate the policy that the complaints form should only be given to the person in charge of the building at that time and that if that person can deal with the complaint then this would be done if not another member of staff may need to be involved. How to cite Equality and Diversity in the Care Home Setting, Papers

How to make school better free essay sample

Honestly, I like school, I really do its just I get bored easily! I like being able to come and see my friends, learn new things, and not just sit at home doing nothing. We need more fun in this school. We need to like change it up, make it more lively not so much like a prison. A way we can make it not so boring would be, make the classes shorter. Instead of having about 45 minutes each class make them like 35 minutes, then we could have another break maybe after 6th hour. Having another break could also make us more awake because we would be able to talk with our friends instead of sitting in class listening to teachers or not doing something interesting which makes us sleepy. Also in a second break we could be doing fun activities or something hands-on to make us not so sleepy. In the classes I think we should be doing more fun things, instead of sitting in a desk for 45 minutes. We will write a custom essay sample on How to make school better or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Another way we can make it better would be, screw the detentions. All the staff in this school says they are trying to make us ready for college, but in college there aren’t no detections, no nothing. If we don’t show up thats our own problem on missing out of what was learned in class that day and punishing us doesn’t really make a difference. In college they don’t go around chasing you telling you, you have detention and why didn’t you go and things like that, so why do it here if people here are trying to get you ready for college. Just doesn’t make sense. I like doing things on the computer like assignments, notes, etc.  and I’m sure other students do to. So doing more computer/technology things would be better also. A lot of student are more into typing things than writing things now days. When it comes to taking notes, i think it’s more useful on the computer because youre able to change colors, highlight, insert charts/pictures, different size things. Wen on paper it takes more time, example if you want to highlight you got to write it all then highlight, when on the computer you can highlight as your writing. Incase youre sick one day your friend can share/email the notes to you. You can also share/email your assignments to your teachers or whatever. Now if only the school would actually listen to what us students have to say. It is where we go to school so we should enjoy going not feel like we are in a prison. Those are some things they could change to make it better, but not like they will change and even if they do it wouldn’t matter to us seniors because it’s our last year.

Naming Middle East Outline

Table of Contents Introduction Geographic Limitation Preservation of the Middle East Identity Relationship with the Rest of Asia Effect of Name Change on the Economy Conclusion References Introduction Geographically, Middle East is in West Asia. People have traditionally used the term ‘West Asia’ to differentiate the region with the Eastern part of Asia. However, ethnically, the Middle East is different from other parts of Asia because of its high Arab population.Advertising We will write a custom research paper sample on Naming Middle East: Outline specifically for you for only $16.05 $11/page Learn More From this notable difference, the Middle East has defined its identity from the rest of the Asian continent. Nonetheless, there are calls to rename Middle East as West Asia because of its significance in the Asian continent, and its geographic position in the same region (Telhami, 2002). This paper opposes this view by proposing three r easons for the preservation of the Middle East name. First, the extension of Middle East into Asia and Africa shows that Middle East is not exclusively part of the Asian peninsular. Secondly, this paper suggests that Middle East has its unique identity, which differentiates the region from other parts of Asia, like China or India. Therefore, if Middle East is renamed West Asia, the region may lose its identity. Lastly, this paper acknowledges that the social and economic relation between Middle East and the rest of Asia is strong, but this relationship is insufficient to warrant the renaming of Middle East as West Asia. Comprehensively, there are significant geographic, social, political, and economic differences between Middle East and the rest of Asia, which suggest the preservation of the Middle East name. Geographic Limitation Traditionally, the Middle East comprises of many countries that stretch across several parts of North Africa and West Asia. Therefore, besides the common Middle East countries such as Jordan, Kuwait, and Lebanon (located in West Asia), there are other traditional Middle East countries such as Egypt, Tunisia, and Libya, which are located in Northern Africa. Therefore, the distributions of Middle East countries stretch across two continents. It would therefore be incorrect to rename Middle East as West Asia because North Africa is also part of the Middle East. Moreover, Africa is an independent continent that has its geographic boundaries, which is independent of Asia. The conception of the ‘West Asia’ name is therefore narrow because it fails to capture the full scope of the Middle East region. Preservation of the Middle East Identity Middle East has a special identity that differentiates the region from other parts of the world. Its identity not only cuts across its social and political spheres, but also its geographic and economic makeup. For example, Middle Eastern people dress differently from other countries around t he world (not only in Asia).Advertising Looking for research paper on geography? Let's see if we can help you! Get your first paper with 15% OFF Learn More For example, women wear the Niqab as a respectable formal wear in the region (Omair, 2009, p. 412). Other parts of Asia (such as India) adopt a different style of clothing. Middle East architecture is also different from other parts of Asia. For example, Middle East architecture greatly differs from Chinese architecture. These differences show the varied identities of Middle Eastern people and the rest of the Asian continent. These differences are deeper while analyzing religion, lifestyle, and politics. Therefore, after considering the significant differences between these two regions, it is crucial to preserve the Middle East identity. It is also incorrect to change the name of Middle East to west Asia. Relationship with the Rest of Asia Molavi (2011) says that the trade between the Arab world (GCC countries) and the rest of Asia supersedes the level of trade in the Middle East region. Molavi (2011) estimates the trade between Asia and the rest of the Middle East to peak during 2017 (observers estimate that Asia will be Middle East’s biggest trading partner). To this extent, some people have voiced their suggestions to rename Middle East as West Asia. However, the strong trade relation between Middle East and the rest of Asia does not provide sufficient grounds to warrant a name change. Comparatively, many other regions around the world have strong trade relations, but they do not consider a name change because of their strong trade ties. For example, there is an increased volume of trade between China and America. In fact, billions of dollars in trade revolve between the two countries alone (Morris, 2001). The strong trade relation between China and America has however not warranted a name change from either of the two trading partners. Therefore, it is incorrect to claim a name chan ge for Middle East, just because it shares a cordial trade relationship with the rest of Asia. Effect of Name Change on the Economy From the growth of globalization, regional economic dynamics spread fast among different countries. Therefore, if Middle East changes its name to West Asia, it may suffer the same economic fortunes as the rest of the continent. For example, developed countries allocate aid to regions and continents around the globe. A name change would therefore mean that Middle East has to share the same aid as Asia. This would undermine its economic prospects. Conclusion The effect of a name change on the Middle East would be profound. Traditionally, the world has understood Middle East as a region with unique economic, social, and political dynamics. This paper identifies that these unique attributes of the region may disappear with a name change.Advertising We will write a custom research paper sample on Naming Middle East: Outline specifically for you for only $16.05 $11/page Learn More Moreover, Middle East is slowly making a name for itself as a global economic powerhouse. This trend has seen Middle East develop close ties with the rest of Asia. However, if the region loses its identity, it may lose its economic dominance in regional trade. Lastly, it makes no sense renaming Middle East as West Asia, while a large portion of the region is not even in Asia. Comprehensively, these dynamics show that Middle East should preserve its identity. References Molavi, A. (2011). ‘Middle East’ Is Pulled Towards Asia By Economics And Affinity. Retrieved from https://www.thenational.ae/middle-east-is-pulled-towards-asia-by-economics-and-affinity-1.404925 Morris, D. (2001). China: The Bitter Roots Of Foreign Trade Through The Eyes Of Asian Culture. Journal of Global Competitiveness, 11(2), 25 – 38. Omair, K. (2009). Arab women managers and identity formation through clothing.  Gender in Management: An In ternational Journal, 24(6), 412 – 431. Telhami, S. (2002). Identity and Foreign Policy in the Middle East. New York: Cornell University Press. This research paper on Naming Middle East: Outline was written and submitted by user Tarot to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.

Free Essays on Mr. Sub Case Study

EXECUTIVE SUMMARY We conducted market research for Mr. Sub at Humber College ¡Ã‚ ¦s Lakeshore Campus, which is a part of the fast food industry. Their emphasis is on fresh, healthy food and their products include subs, wraps, chips and drinks. The focus of this survey was on customer satisfaction, because it is the most important factor in the food industry and in addition, the owner wanted to know if the customers would like any changes in the way the subs are presented. He also wanted to learn what customers want from their store and whether the students had any complaints or suggestions. Through our survey of students and staff members at Humber College, we will provide the owner with results on the overall satisfaction of customers, and how Mr. Sub can improve or change any existing products or services. Our survey results showed that most students found Mr. Sub to be expensive considering that they had a limited variety of products. Although most respondents were satisfied with the level of customer service, they were not happy with the level of hygiene or the variety of ingredients available. One reason for this could be that this particular Mr. Sub is set up as a  ¡Ã‚ §food stall ¡Ã‚ ¨ and as a result, carries only a fraction of the products. Low sales volume could be the reason for the high prices charged. In response to our survey, most respondents replied that an increase in price will definitely affect the demand at Mr. Sub. Our recommendations include setting up in a bigger, more visible area, lowering prices, adding more variety and ingredients and introducing ethnic flavors to address the diverse student population. INTRODUCTION We conducted market research for Mr. Sub at Humber College ¡Ã‚ ¦s Lakeshore Campus, which is a part of the fast food industry. Their emphasis is on fresh, healthy food and their products include subs, wraps, chips and drinks. The focus of this survey was on customer satisfaction, beca... Free Essays on Mr. Sub Case Study Free Essays on Mr. Sub Case Study EXECUTIVE SUMMARY We conducted market research for Mr. Sub at Humber College ¡Ã‚ ¦s Lakeshore Campus, which is a part of the fast food industry. Their emphasis is on fresh, healthy food and their products include subs, wraps, chips and drinks. The focus of this survey was on customer satisfaction, because it is the most important factor in the food industry and in addition, the owner wanted to know if the customers would like any changes in the way the subs are presented. He also wanted to learn what customers want from their store and whether the students had any complaints or suggestions. Through our survey of students and staff members at Humber College, we will provide the owner with results on the overall satisfaction of customers, and how Mr. Sub can improve or change any existing products or services. Our survey results showed that most students found Mr. Sub to be expensive considering that they had a limited variety of products. Although most respondents were satisfied with the level of customer service, they were not happy with the level of hygiene or the variety of ingredients available. One reason for this could be that this particular Mr. Sub is set up as a  ¡Ã‚ §food stall ¡Ã‚ ¨ and as a result, carries only a fraction of the products. Low sales volume could be the reason for the high prices charged. In response to our survey, most respondents replied that an increase in price will definitely affect the demand at Mr. Sub. Our recommendations include setting up in a bigger, more visible area, lowering prices, adding more variety and ingredients and introducing ethnic flavors to address the diverse student population. INTRODUCTION We conducted market research for Mr. Sub at Humber College ¡Ã‚ ¦s Lakeshore Campus, which is a part of the fast food industry. Their emphasis is on fresh, healthy food and their products include subs, wraps, chips and drinks. The focus of this survey was on customer satisfaction, beca...

Journal Essay Example | Topics and Well Written Essays - 500 words - 13

Journal - Essay Example base is a valid excuse for safeguarding the crops, nonetheless the critique feels that this is no excuse for resorting to harsh and rigid punishments for these acts. Solomon’s main contention is that the rigidity of the laws that are in vogue does not leave any room for mitigating circumstances and hence there should be some sort of balance in the way the social structure in the village is maintained as well as enforced. In my opinion, condemning the practices in the village as backward or tribal misses the point of the book. The book is mostly about how the pastoral communities live and work together as a unit along with the necessary conditions for social cohesion that are needed for the village to exist as a unit. Solomon’s critique overlooks this aspect of the story as well as ignores the way in which the village needs to sustain itself. Of course, the critique is definitely strong on the point of the medieval spirit that pervades the village. However, it is to be understood as describing a place in another period rather than an anachronism. The critique should have explored how the lives of the peasants and the farmers were dependant on the vagaries of the weather and hence the appeasement of the same can be understood from this perspective. The book is mostly about how the codes of conduct that are necessary for the social mores to be enforced are laid down and the behavior of the people in the village made to conform to these traditions and customs. However, as the critique points out, some of these laws seem barbaric. My point in the preceding paragraph was about how the critique betrays ignorance about how life in the tribal societies was and the way in which the pastoral communities went about their work and life. To take this further, the communities described in the book exist as a set of interdependent units and are closely knit. Hence, there needs to be some sort of balance between the way they live and work. Division of duties needs to be

Point of Sale System Research Paper Example | Topics and Well Written Essays - 250 words

Point of Sale System - Research Paper Example The United States and other countries which have a lot of international activities thus receive many visitors from the world over have the highest number of sale transactions. As a result of the increased usage of point of sale system in almost every retail store, fraudsters have come up with technologies to skim customer cards, produce replica cards and defraud users of their money. This has forced major car producing and regulating companies Visa and MasterCard to move from magnetic strip cards to EM which is more secure as it requires the use of a pin code and has a chip. Compared to other countries such as the Netherlands, Canada, Australia, the UK and other parts of the world card fraud in USA has been significantly low. But as this other markets migrate to EMV their fraud rates have seen tremendous reduction while the United States’ have been going upwards due delays in migration from magnetic strip. The American card market heavily relies on the magnetic strip cards and this could behind the rising fraud rates; fraud has risen by 70% since the year 2004 with 2010 representing the first year in time when fraud rates on cards issued in the United States was higher compared to cards issued in the UK (King, 2012). In conclusion therefore the use of point of sale systems has become popular the America and the whole world. Fraud has evolved and targeted plastic money necessitating the change of technology to EMV. The United States has been slow in moving to EMV due to high presence of signature verification cards and mag strips. Migrating from magnetic strip cards will therefore be a huge milestone in curbing card counterfeiting in

Challenges Facing the Development of Social Enterprises in China Essay

Challenges Facing the Development of Social Enterprises in China - Essay Example This essay stresses that the development of the social enterprises is hindered by the challenges regarding attracting, retaining, and developing talents. With the social enterprise sector being young compared to other countries across the world, they can only achieve growth by ensuring that new ideas are refined in order to create growth opportunities to the enterprises. Many of the multinational organizations have been able to thrive in the markets because they have experienced workforce which is able to guide the rest of the subordinates. However, in China, the social enterprises are young. Therefore, the managers do not have the necessary skills to guide the young generation working in these enterprises on how to nurture their talents in order to make a difference in the organization. This report makes a conclusion that The complexity of registering a social enterprise has made it hard for them to expand to other areas, an aspect that would enable them to increase the number of beneficiaries. Many of these enterprises are located in urban areas. With lack of support from the government and many registration hurdles, the enterprises have been unable to open up various subsidiaries in the rural areas in order to help more people. In addition, constant internal wrangles regarding the best places to establish these branches have been affecting the progress of these institutions in China. The reason is that there are no effective internal mechanisms to solve these issues.

Impact of IMF Funding on Pakistans economy

Impact of IMF Funding on Pakistans economy Introduction The funding by International Monetary Fund (IMF) to developing countries has always raised a debate on its positive and negative impacts on the economy of the creditor country. Pakistan has an extended history of funding from IMF starting from 1958 to 2004 in various time spans and now the current agreement from 2008. This study analyzes the impact of IMF funding on Pakistan. Although there has been criticism regarding both issues of policies and the funding impact but the focus of this research is to study the impacts and not to discuss or criticize the policies of IMF. The IMF works to foster global growth and economic stability. It provides policy advice and financing to members in economic difficulties and also works with developing nations to help them achieve macroeconomic stability and reduce poverty. It is working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world. Although monetary fund provides financial assistance to the developing countries but its role in economic prosperity has been highly criticized from the last few years due to its strict policies and restrictions imposed on the borrower country. Under current agreement, IMF imposes 11 main conditions on Pakistan which includes: introduction of the Central Excise Duty on service and agricultural sector, reduction in the expenditures on Public Sector Development Program, devaluation of rupee, freezing of non-development expenditure under the defense budget, non-provision of supplementary grants to government departments, ending subsidy on gas and electricity, reduction in non-development expenditure of civil departments and federal ministries, increase in markup rate of banks and on inter-bank transactions, uniformity in the inter-bank and open market dollar exchange rate and stoppage of government financial intervention in stock markets. The main aim of IMF behind imposition of policies is to increase the revenues of the borrower country. But some studies reveal that it affects the economy both directly and indirectly. Directly it imposes impact in the sense of control of certain variables on which it put restrictions and indirectly with regard to the relationship of these variables with other macroeconomic driving variables that drives the economic growth. The matter here is not the IMF funding but the policy impositions that could impact the economic growth. IMF provides funds for the three major areas, to reduce deficit of fiscal account and current account and to increase the revenues. The question here arises that whether the increase in taxes, elimination of subsidies and development projects will help boost the economy or causes the real GDP to fall from the expected value through increased inflation. An extensive research has been done to address the issue of IMF policies and impact on economy of the borrower country but there are conflicting results derived by different researchers due to particular conditions related to that country, the researches that tried to study all countries under IMF program also reveals contradicting results. This study focuses specifically on Pakistan so that particular effects could be revealed that IMF funding is pouring on Pakistans economy. Problem statement The problem statement of research is Impact of IMF funding on Pakistans economy. Major variables that are used in this study include IMF funds and macro economic variables that are the indicators of an economy i.e. real GDP, employment rate, current account balance, balance of payments and FDI. Objectives The objectives of our study are: To study how IMF funding is putting its effect on economy of Pakistan. To reveal that whether there is any significant relationship between IMF funding and economic growth and if there is a relationship then whether it is positive or negative. To draw conclusion and make recommendations through analysis that whether Pakistan should borrow from IMF or seek other ways of borrowing Significance Although a number of studies have addresses the stated issue but these researches mostly carried out aggregate affect taking into account all the countries under IMF program. The Research that we are going to conduct will try to find out impact of IMF funding on economic growth in particular scenario of Pakistan. Delimitation Our scope of study will be limited to the impacts on Pakistan economy. More over the variable that we will use for analysis of economic growth will be only major macroeconomic variables which are majorly contributing towards the growth factor. In our study we are not considering the political instability and inconsistency in the prevailing policies and other social environmental issues that could impact economic growth side by side. Chapter 2 Review of Related Literature This chapter includes the work done in the same area by other researchers. It put a glance on studies of some of the researchers along with their proposed conclusions Literature review IMF funding has been one of the most debated issues from the last few years in terms of its policies, restrictions and its impact on the economy of countries under IMF programs. A number of studies have been done in this regard. However the results of these studies are contradicting making this issue still debatable. Recent studies have produced mixed and sometimes puzzling results regarding the impact of IMF programs on a nations balance of payments, current account balance, foreign direct investment, real GDP, per capita income and long-run economic growth. Martin Feldstein (1998) argues that the IMF required excessively large reductions in government deficits and restrictions on monetary policy. These restrictions resulted in substantial increases in tax rates, interest rates and increase in current account deficit. Feldstein argues that Asian economies have experienced a recession that worsened their economic problems as a result of these policy changes. Feldstein argues that many of the mandated reforms involve unjustified interference with national autonomy and have little or no relationship to the goal of resolving the payment problem. He notes that it would have been better to allow more time for negotiations between borrowers and lenders before providing IMF loans to a country experiencing payment problems. Ho: There is no significant Impact on the current account deficit by increasing Government Expenditure through IMF Funding. H5: There is significant Impact on the current account deficit by increasing Government Expenditure through IMF Funding. Doug Bandow (1999) argues that the existence of IMF bailouts creates a moral hazard problem that encourages countries to not solve their fundamental problems. He suggests that all nations would benefit if healthy economies quarantined sick economies instead of providing economic assistance. Bandow argues that IMF assistance programs increase risk for healthy economies and do not provide long-term benefits for troubled economies. He notes that most IMF borrowers have received aid for a decade or more. Jensen (2004) suggests that international capital markets perceive IMF intervention as a negative development. Regardless of factors driving their decisions, Jensens research provides strong evidence that developing countries pay a serious price when they take advantage of IMF assistance. His research strongly reveals a negative relationship between IMF funding and foreign direct investment in the country. According to him investors dont perceive this funding in a positive way that why reducing net investment level in the country and as a result hindering economic growth. For impact of IMF on FDI following hypothesis is developed: Ho: There is no significant Impact on the FDI by increasing Government Expenditure through IMF Funding. H1: There is significant Impact on the FDI by increasing Government Expenditure through IMF Funding. On the other hand there are a number of researchers like Dicks Mireaux (2000), who have found strongly positive economic growth effects of IMF funding. These researches found that there is appositive impact of IMF funding on the economy. While there are also studies which concluded that are no significant effects of IMF on the economy of a country under IMF agreement like, Hardoy(2003) and Hutchison (2004), who argue that IMF funding does not pour any significant impact on the economy of the borrower country. Mireaux argue that economy grows due to the increased tax revenues. Following hypothesis has been developed between tax revenue and IMF funding. Ho: There is no significant Impact on the Tax Revenue by increasing Government Expenditure through IMF Funding. H3: There is significant Impact on the Tax Revenue by increasing Government Expenditure through IMF Funding. Nunnenkamp(1999) in his article discussed that IMF is under serious attack as critics blame that IMF lending lead to financial crisis and suggests to stop IMF funding also the researcher discussed the consequences of ending the lending ODriscoll (1997) in his article has conducted the descriptive research about the IMF policies towards developing countries by keeping the focus on USA economy. The Policy making of IMF for the developing countries are without any backing of historical decisions taken by the developing countries in past. Thus the financial crises and current account deficit crises is mainly attributed to such policy making. The researcher has give example of Asia in which case the above discussion is particularly true which roots in 1995. The IMFs handling of the Mexico crisis firmly established moral hazard in international lending and sowed the seeds for the Asian crisis. Thus far, IMF policy in Asia largely repeats the policy mistakes in Mexico.   Gina (2007) indicates in his article that the reforms enacted by Congress in USA are an important first step toward reforming the IMF. Even more important than the reforms, however, was the congressional debate over IMF funding. That debate focused attention on the process and Substance of IMF policymaking and even questioned the need for that organization in the post-Bretton Woods world. Przeworski and Vreeland (2000) Using a bivariate, dynamic version of the Heckman selection model, we estimate the effect of participation in International Monetary Fund IMF programs on economic growth. We find evidence that governments enter into agreements with the IMF under the pressures of a foreign reserves crisis but they also bring in the Fund to shield themselves from the political costs of adjustment policies. Program participation lowers growth rates for as long as countries remain under a program. Once countries leave the program, they grow faster than if they had remained, but not faster than they would have without participation. So for the relation between IMF and GDP following hypothesis are developed: Ho: There is no significant Impact on the GDP by increasing Government Expenditure through IMF Funding. H1: There is significant Impact on the GDP by increasing Government Expenditure through IMF Funding. The estimates of Barroa Lee (2005) shows that a higher IMF loan-participation rate reduces economic growth. IMF lending does not have significant effects on investment, inflation, employment, government consumption, and international openness. However, IMF loan participation has small negative effects on democracy and the rule of law. Ho: There is no significant Impact on the Employment by increasing Government Expenditure through IMF Funding. H2: There is significant Impact on the Employment by increasing Government Expenditure through IMF Funding. Chapter 3 Research Methodology This chapter includes the theoretical model, data collection technique and methodology approach used for the analysis Theoretical model Economic Growth Real GDP IMF Funding Employment FDI RRevenue Current Account Balance Data collection Secondary source for the data collection has been used in this research. For this purpose most of the data will be collected from the Economic Survey of Pakistan, international monetary fund web site and state bank of Pakistan website. The dependant variables that have been used to analyze the economic growth include: balance of payment, current account balance, real GDP, rate of employment and foreign direct investment. These are the major variables that are the determinants of economic growth of a country. The independent variable is the amount of funding by IMF. Data analysis Regression analysis is used for analyzing the impact of IMF funding on Pakistans economy. Data is analyzed using SPSS. Data for the IMF funding in Pakistan is in detail below:   YEARS IMF FUNDING 1973-1974 527 1974-75 1990 1975-76 1987 1976-77 2497 1977-78 232 1978-79 3406 1979-80 644 1980-81 3789 1981-82 6079 1982-83 7266 1983-84 2812 2000-01 35400 2001-02 65460 Chapter 4 Data Presentation and Findings This chapter includes the data which has been used for the analysis, analyzed results and the findings that follow through the analysis Data presentation and findings Following is the detailed data used for the analysis and the findings of the regression analysis. The data is presented separately for each variable used as the measure of economic growth of the country. IMF funding and GDP Data Analysis for First Hypothesis Ho: There is no significant Impact on the GDP by increasing Government Expenditure through IMF Funding. H1: There is significant Impact on the GDP by increasing Government Expenditure through IMF Funding. IMF FUNDING GDP 1974 527 38439 1974-75 1990 39930 1975-76 1987 41229 1976-77 2497 42401 1977-78 232 45679 1978-79 3406 48204 1979-80 644 51736 1980-81 3789 55048 1981-82 6079 59012 1982-83 7266 62975 1983-84 2812 65968 2000-01 35400 180500 2001-02 65460 212200 Findings: To test the hypothesis, linear regression analysis used. The results of regression of One independent Variable (IMF Funding) against GDP (dependent variable) can be seen in the following output. Model Summary Model R R Square Adjusted R Square Std. Error of the Estimate 1 .971 .943 .937 14025.2195 a Predictors: (Constant), IMF FUNDING ANOVA Model Sum of Squares df Mean Square F Sig. 1 Regression 35481741865.974 1 35481741865.974 180.379 .000 Residual 2163774597.718 11 196706781.611 Total 37645516463.692 12 a Predictors: (Constant), IMF FUNDING b Dependent Variable: GDP Coefficients Unstandardized Coefficients Standardized Coefficients t Sig. Model B Std. Error Beta 1 (Constant) 43492.601 4451.563 9.770 .000 IMF 2.861 .213 .971 13.431 .000 a Dependent Variable: GDP Interpretation of analysis The ANOVA table shows that the F value of 180.379 is significant at the .000 levels. Degree of Freedom column in the table, the first number represent the number of Independent Variable (1) the second number (13) is the data collected for total number of years (N), minus the number of Independent Variable (K) minus 1 or 11=(N-K-1) or (13-1-1)= 12. The F statistics produce (F= 180.379) is significant at the .000 levels. Which shows that Model validity is significant at 0.000 level of significance. What the result mean is that 94.3 percent of variance (R square) in increase in GDP has been significantly explained by increasing Government Expenditure by way of IMF Funding (Independent variable) with standard error of estimate of 14025.2195. Standard error of estimate shows amount falls outside the regression line or shows standard deviation from mean. There is .000 percent or less chance of this is not holding true. There is correlation of 0.971 (denoted as r=0.971) between IMF Funding (Independent variable) and GDP (dependent variable) with level of significance 0.000. so there is positive relationship between the two variables and probability of this is not true is zero percent or less. That is 100 percent of time we would expect that this correlation to exist. There is a beta value of 0.971, which shows that 97.1 percent chance of making TYPE II error if null hypothesis is accepted when it is false. At the same time Un standardized coefficient B= 2.861 indicates that the valu e of GDP increase by 2.861 unit for a one unit increase in Government Expenditure by IMF Funding. What the result mean is that t value 13.431 significant at 0.000. Thus hypothesis 1 is substantiated. IMF funding and employment rate Data Analysis for Second Hypothesis Ho: There is no significant Impact on the Employment by increasing Government Expenditure through IMF Funding. H2: There is significant Impact on the Employment by increasing Government Expenditure through IMF Funding. YEARS IMF FUNDING EMPLOYMENT 1973-1974 527 19.76 1974-75 1990 20.3 1975-76 1987 21.08 1976-77 2497 21.89 1977-78 232 22.73 1978-79 3406 23.62 1979-80 644 24.15 1980-81 3789 24.7 1981-82 6079 25.27 1982-83 7266 25.85 1983-84 2812 26.4 2000-01 35400 37.51 2001-02 65460 38.29 Findings: To test the hypothesis, linear regression analysis used. The results of regression of One independent Variable (IMF Funding) against Employment (dependent variable) can be seen in the following output. Model Summary Model R R Square Adjusted R Square Std. Error of the Estimate 1 .912 .832 .817 2.5175 a Predictors: (Constant), IMF Funding ANOVA Model Sum of Squares df Mean Square F Sig. 1 Regression 345.318 1 345.318 54.485 .000 Residual 69.717 11 6.338 Total 415.035 12 a Predictors: (Constant), IMF Funding b Dependent Variable: EMPLOYMENT Coefficients Unstandardized Coefficients Standardized Coefficients t Sig. Model B Std. Error Beta 1 (Constant) 22.636 .799 28.328 .000 IMF 2.823E-04 .000 .912 7.381 .000 a Dependent Variable: EMPLOYMENT Interpretation of analysis The ANOVA table shows that the F value of 54.485 is significant at the .000 levels. Degree of Freedom column in the table, the first number represent the number of Independent Variable (1) the second number (13) is the data collected for total number of years (N), minus the number of Independent Variable (K) minus 1 or 11=(N-K-1) or (13-1-1)= 12. The F statistics produce (F= 54.485) is significant at the .000 levels. Which shows that Model validity is significant at 0.000 level of significance. What the result mean is that 83.2 percent of variance (R square) in increase in Employment has been significantly explained by increasing Government Expenditure by way of IMF Funding (Independent variable) with standard error of estimate of 2.5175. Standard error of estimate shows amount falls outside the regression line or shows standard deviation from mean. There is .000 percent or less chance of this is not holding true. There is correlation of 0.912 (denoted as r=0.912) between IMF Funding (Independent variable) and Employment (dependent variable) with level of significance 0.000. So there is positive relationship between the two variables and probability of this is not true is zero percent or less. That is 100 percent of time we would expect that this correlation to exist. There is a beta value of 0.912, which shows that 91.2 percent chance of making TYPE II error if null hypothesis is accepted when it is false. At the same time Un standardized coefficient B= 0.00283 indicates t hat the value of Employment increase by 0.00283 unit for a one unit increase in Government Expenditure by IMF Funding. What the result mean is that t value 7.381 significant at 0.000. Thus hypothesis 2 is substantiated. IMF funding and tax revenue Data Analysis for Third Hypothesis Ho: There is no significant Impact on the Tax Revenue by increasing Government Expenditure through IMF Funding. H3: There is significant Impact on the Tax Revenue by increasing Government Expenditure through IMF Funding. YEARS IMF FUNDING TAX REVENUE 1973-1974 527 9,444.00 1974-75 1990 11,428.70 1975-76 1987 13,914.80 1976-77 2497 16,112.50 1977-78 232 20,041.10 1978-79 3406 23,475.70 1979-80 644 30,720.40 1980-81 3789 36,509.30 1981-82 6079 40,367.60 1982-83 7266 46,475.00 1983-84 2812 55,360.00 2000-01 35400 444,800.00 2001-02 65460 486,000.00 Findings : To test the hypothesis, linear regression analysis used. The results of regression of One independent Variable (IMF Funding) against Tax Revenue (dependent variable) can be seen in the following output. Model Summary Model R R Square Adjusted R Square Std. Error of the Estimate 1 .958 .917 .910 49565.7061 a Predictors: (Constant), IMF FUNDING ANOVA Model Sum of Squares df Mean Square F Sig. 1 Regression 300517013184.665 1 300517013184.665 122.323 .000 Residual 27024351475.824 11 2456759225.075 Total 327541364660.489 12 a Predictors: (Constant), IMF b Dependent Variable: TAX REVENUE Coefficients Unstandardized Coefficients Standardized Coefficients t Sig. Model B Std. Error Beta 1 (Constant) 10370.086 15732.008 .659 .523 IMF 8.326 .753 .958 11.060 .000 a Dependent Variable: TAX REVENUE Interpretation of analysis The ANOVA table shows that the F value of 122.323 is significant at the .000 levels. Degree of Freedom column in the table, the first number represent the number of Independent Variable (1) the second number (13) is the data collected for total number of years (N), minus the number of Independent Variable (K) minus 1 or 11=(N-K-1) or (13-1-1)= 12. The F statistics produce (F= 122.323) is significant at the .000 levels. Which shows that Model validity is significant at 0.000 level of significance. What the result mean is that 91.7 percent of variance (R square) in increase in Tax Revenue has been significantly explained by increasing Government Expenditure by way of IMF Funding (Independent variable) with standard error of estimate of 49565.7061. Standard error of estimate shows amount falls outside the regression line or shows standard deviation from mean. There is .000 percent or less chance of this is not holding true. There is correlation of 0.958 (denoted as r=0.958) between IMF Funding (Independent variable) and Tax Revenue (dependent variable) with level of significance 0.000. So there is positive relationship between the two variables and probability of this is not true is zero percent or less. That is 100 percent of time we would expect that this correlation to exist. There is a beta value of .958, which shows that 95.8 percent chance of making TYPE II error if null hypothesis is accepted when it is false. At the same time Un standardized coefficient B= 8.362 indicate s that the value of Tax Revenue increase by 8.326 unit for a one unit increase in Government Expenditure by IMF Funding. What the result mean is that t value 11.060 significant at 0.000. Thus hypothesis 3 is substantiated. IMF funding and FDI Ho: There is no significant Impact on the FDI by increasing Government Expenditure through IMF Funding. H1: There is significant Impact on the FDI by increasing Government Expenditure through IMF Funding. YEARS IMF FUNDING FDI 1973-1974 527 -189 1974-75 1990 447 1975-76 1987 675 1976-77 2497 321 1977-78 232 1065 1978-79 3406 1080 1979-80 644 840 1980-81 3789 1225 1981-82 6079 3430 1982-83 7266 1473.5 1983-84 2812 1680 2000-01 35400 19995 2001-02 65460 30051.4 Findings : To test the hypothesis, linear regression analysis used. The results of regression of One independent Variable (IMF Funding) against FDI (dependent variable) can be seen in the following output. Model Summary Model R R Square Adjusted R Square Std. Error of the Estimate 1 .991 .982 .981 1290.1947 a Predictors: (Constant), IMF ANOVA Model Sum of Squares df Mean Square F Sig. 1 Regression 1010046942.200 1 1010046942.200 606.780 .000 Residual 18310625.532 11 1664602.321 Total 1028357567.732 12 a Predictors: (Constant), IMF b Dependent Variable: FDI Coefficients Unstandardized Coefficients Standardized Coefficients t Sig. Model B Std. Error Beta 1 (Constant) -128.350 409.504 -.313 .760 IMF .483 .020 .991 24.633 .000 a Dependent Variable: FDI Interpretation of analysis The ANOVA table shows that the F value of 606.780 is significant at the .000 levels. Degree of Freedom column in the table, the first number represent the number of Independent Variable (1) the second number (13) is the data collected for total number of years (N), minus the number of Independent Variable (K) minus 1 or 11=(N-K-1) or (13-1-1)= 12. The F statistics produce (F= 606.780) is significant at the .000 levels. Which shows that Model validity is significant at 0.000 level of significance. What the result mean is that 98.2 percent of variance (R square) in increase in FDI has been significantly explained by increasing Government Expenditure by way of IMF Funding (Independent variable) with standard error of estimate of 1290.1947. Standard error of estimate shows amount falls outside the regression line or shows standard deviation from mean. There is .000 percent or less chance of this is not holding true. There is correlation of 0.991 (denoted as r=0.991) between IMF Funding (Independent variable) and FDI (dependent variable) with level of significance 0.000. So there is positive relationship between the two variables and probability of this is not true is zero percent or less. That is 100 percent of time we would expect that this correlation to exist. There is a beta value of 0.991, which shows that 99.1 percent chance of making TYPE II error if null hypothesis is accepted when it is false. At the same time Un standardized coefficient B= .483 indicates that the value of FDI increase by .483 unit for a one unit increase in Government Expenditure by IMF Funding. What the result mean is that t value 24.633 significant at 0.000. Thus hypothesis 4 is substantiated. IMF funding and current account deficit Data Analysis for Fifth Hypothesis Ho: There is no significant Impact on the FDI by increasing Government Expenditure through IMF Funding. H5: There is significant Impact on the FDI by increasing Government Expenditure through IMF Funding. YEARS IMF FUNDING CURRENT ACCOUNT DEFICIT 1973-1974 527 3318 1974-75 1990 10639 1975-76 1987 9212 1976-77 2497 11718 1977-78 232 14835 1978-79

Essay on Adas Metamorphosis to Independent Woman in Cold Mountain

Ada's Metamorphosis to Independent Woman in Cold Mountain As Ada arrives at Black Cove, she and her father are completely unprepared for a life of independence. The ride there becomes the first of their problems. A new horse and cabriolet were purchased for the trip, but that was their first mistake. "The rain fell aslant, coming at their faces so that the top of the carriage did little good in sheltering them from it" (55). Monroe, Ada's father, had no idea on how to get to Cold Mountain, and "At each fork, Monroe simply guessed at the route they ought to take" (55). Ada's life in Charleston was one of aristocracy. She enjoyed balls, parties, and suitors, none of which helped her in any way at Black Cove. Ruby comments that she "could only marvel at the lives so useless that they required missing sleep and paddling about on a river for pleasure" (144). Ruby's arrival helps Ada immensely. Without Ruby's help the garden would never me more than "weeds that Ada could not name and had neither the energy nor the heart to fight" (28). Ruby was constantly planning...