Tuesday, November 26, 2019

Human Resources Knowledge of Relevant Legislation

Human Resources Knowledge of Relevant Legislation Introduction Different countries have different legislations, which define rights and relationship between employees and employers. They are contained in human rights as well as terms and conditions set by different companies regarding their employments contracts. Knowledge of these rights and legislation is important to employee, employer and third parties who have an interest in an employment contract.Advertising We will write a custom report sample on Human Resources: Knowledge of Relevant Legislation specifically for you for only $16.05 $11/page Learn More External and internal laws should be in harmony at any one time; this is the only way that the company can develop an efficient team. Internal legislations and guiding principles are shaped by legal legislations; they must follow a legally accepted approach. Procter Gamble is a multinational company with headquarters in Downtown Cincinnati, Ohio, it manufactures a range of products which generally in three sectors; beauty, household care goods and some medicaments. This paper will be guided by headings to discuss various legislation issues. It will focus on processes that take place in Proter $Gamble. The role of probation period in recruitment process After initial recruitment procedure, a successful candidate in Proter $Gamble is deployed under probationary terms. The terms of the period are well defined in a probationary contract agreement. Proter $Gamble human resource department head should witness the signing of the agreement. It is a transition period where an employee is oriented to process and organizational culture of Proter $Gamble. For employees who have been recruited from other companies, they get a chance to translate from functions, belief and culture of their former employer into those of Proter $Gamble. It is in this period that intensive training on the area of future specialization takes place. When working alongside other employees, the employee is given mor e attention by the supervisor to ensure that his practical capabilities and weakness are understood for better blending in the company. In some circumstances, an employer may feel that the capabilities of the new employee does not fit the requirement of the company and thus recommend for dismissal. The employee on the other hand gets a chance to gauge his potential and make decision whether to terminate the contract or not. Recommendation Proter $Gamble, should have a recruitment process organized in such a way that the new entrant gets a chance to learn all the process of the company not his area of future engagement only, However more emphasis should be in the prospective area that he will work in (Anthony, Kalmar Perrewà ©, 2002).Advertising Looking for report on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Outsourcing concept in Human resources In modern days of globalization human resources outsourcing has increased. This involves contracting a company which offers some outsourcing services in certain areas, required by the company to offer the service instead of human employees managed internally. Proter $Gamble has outsourced catering, cleaning and security among others. Jones Lang LaSalle is one of the companies contracted by the company for managing office affairs like water and security. It offers a chance to Proter $Gamble, to concentrate on its core business and at the same time get quality services from specialists managed from outside the firm. Operational costs involved in managing human resources internally are reduced. Recommendations When choosing a company to outsource for certain services, Proter $Gamble should vet it to ensure that it has proficiency in the area of contracting. Choosing the areas to outsource and areas to manage internally is of essence. Management of Proter $Gamble should work closely with the outsourced company to enhance control and efficiency. Diversity, equal employment, anti-discrimination legislation Proter $Gamble, respects the right of employees. Human rights demand that there should be no discrimination on bases or race, color, nationality, disability or gender. Everyone should be given equal opportunity in the recruitment procedure. This is the way that human rights will be respected and the company gets a diversified team. A team made of people from different gender, tribes, color and races are more likely to respect each other and have an increased production. In Ohio, Title XLI Labor Industry of Ohio employment and Labor rights laws (chapters 1401-1473) defines the right of employees. They recognize the right that there should be equal treatment and access to employment to any capable person. Recommendation A company should ensure that it operates according to the law. It should not discriminate unless justified by condition and accepted by the law. Employees contracts In Ohio employment labor law, mandates an employer to give terms of service before the employment contract is signed. The contract should give the terms and conditions of work and explain issue concerning the welfare of the staff like wages, working hours, dismissal, medical schemes and leave among others.Advertising We will write a custom report sample on Human Resources: Knowledge of Relevant Legislation specifically for you for only $16.05 $11/page Learn More The employee should read and understand the terms set since they determine the relationship that he has will the employer. Other than written contracts terms there are psychological contracts that employer should engage with his employees. Recommendation Terms and conditions of an employment contract should be clear and should not contradict the laws of a country. They should explain point by point to an employee so as he can understand implications of each. Industrial relations Industrial relations define the relationship that exists be tween an employer, his employees, and third parties like trade unions and the government. Proter $Gamble engages its employees in activities that encourage better terms with its employees. For example it has a policy called â€Å"take the R for next step or action item†. It is an employees developed initiative that creates a close link between Proter $Gamble and its employee. It aims at aligning them to the same goal (P$Q Official Website, 2010). The terms of service and conditions of work that an employee works within should be well defined. In case of disputes, a framework of solving the dispute should be put in place. Psychological contracts that an employer has with his employee determine the level of motivation that the employee will have. A well defined career path, appraisal and training system improves the performance of an employee. Ohio Labor Code Chapter 4121, Establishes a right to employees to fight for their rights as far as compensation is concerned. Chapter 63 01.06 empowers employees to have an internal workforce board (MeganLaw.com, 2010). Recommendations Industrial relations goes far than just the internal relationship to those of outsiders. Proter $Gamble, should aim at having well defined industrial relations; he should ensure that he has aligned his company to fit in the prevailing condition and employers act recommendations. It should give a clear guideline to its employees on the kind unions that it has ratified for them to be members (Lester Kickul, 2001). Recruitment and selection method Proter $Gamble, plans its recruitment process from reports that they get from departments, and depending on factors that lead to a reduced workforce like death, retirements, voluntary and compulsory resignation. After planning an employment process the first step is to advertise for posts.Advertising Looking for report on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Advertising may be internal or to the external market. When advertising the role that a successful candidate will play if deployed should be well given; minimum qualifications are given in the advert and duration for application. After the application has been received, they are sorted and short listed. Successful candidates are contacted. Proter $Gamble has a written interview as well as an oral interview. Recommendation Proter $Gamble, should start undertaking a psychometric tests before interviews in all posts. The process should be transparent and aim at meeting the current requirements of the company. Conversing should be avoided at all expense and only those candidates who attain minimum qualification should be contracted. Relevant terms and conditions of employment Alongside national terms of employment, Proter $Gamble has terms of employments. They are explained in the employment contract. They define the relationship between the Proter $Gamble and the employee and give righ ts of either party. The terms defined are; wages and enumerations, contract terms and conditions like expected outcome, benefits accruing to the employee, retirement, individual target, suspension from service and dismissal. Recommendations Proter $Gamble, employment contract should be discussed with the employee. Both should ensure that they understand the implications of every clause. It should not be left to the employee to read the terms alone (Swamson, 2009). Psychometric and skill testing In the recruitment process, testing the capabilities of a potential employee is important; this is done by psychometric and skill testing. They test the inner self of an individual like attitude, personality and intelligence among others. When Proter $Gamble human resource department understands the kind of a person they are recruiting, they are able to blend their teams to attain harmony and creativity in the teams. These tests include aptitude tests, personality test and problem solving tes ts. Recommendations When developing the tests to be undertaken by an employee, the employer should make them according to the position that the employee will fill. They should be of good standard, reliable and responsive to the position advertised. In Proter $Gamble has a number of departments, to ensure that it has tapped appropriate staffs, it should ensure that each departmental head participates in this process and advises recruiting team on the attributes that they want (Renckly Renckly, 2003). Conclusion Different countries have different legislations aimed at protecting the rights of employee and his employer. They define the relationship between them. on the other hand there are administrative legislations maintained by individual employer but be in line with the national legislations. Proter $Gamble has a recruitment process that aims at developing a rich team in expertise. After initial interviewing, an employee is employed on probationary term. In the recruitment process , human resources department should put measures to ensure that they get the right employee for the right job. Some services can be outsourced and others internally managed. Getting the right employee for the right job increases motivation and efficiency in the organization. Bibliography Ahlan, W. S. Employees Handbook. Web. Anon. (2010). Saudi Arabia: Basic Law of Government. Web. Anthony, W. P., Kalmar, K. M., Perrewà ©, P. L. (2002). Human Resource Management, A Strategic Approach, (4th ed). South-Western, Thomson Learning. U.S.A. Lester, W. and Kickul, J.(2001). Psychological contracts in the 21st century: What employees’ value most and how well organizations are responding to these expectations. Human Resource Planning, 24(1): 10. MeganLaw.com.(2010). OHIO EMPLOYMENT LABOR LAW. Web. P$Q Official Website.(2010). Web. Renckly, B. R Renckly, G. R. (2003). Human Resources. New York: Barrons Educational Series. Swamson, R. (2009). Foundations of Human Resource Development: Easy read Large Edition. San Francisco: ReadHowYouWant.com.

Friday, November 22, 2019

Science Explains Why You Lose Water Weight

Science Explains Why You Lose Water Weight New dieters, especially if theyre eating a low carb diet, see a dramatic initial weight loss ranging from four to 12 pounds in the first week. The initial loss is exciting, but it quickly slows to one or two pounds per week. Youve probably heard this early weight loss is water weight, rather than  fat. Where does water weight come from and why does it drop before fat? Heres the scientific explanation. Key Takeaways: Water Weight Loss On a low carbohydrate diet, the body turns to glycogen as an energy source after it expends glucose. Quick water weight loss occurs when metabolizing glycogen because the process requires water.Eating or drinking excess electrolytes can lead to water retention because the body keeps the water to maintain a set electrolyte balance as part of homeostasis.Dehydration can also lead to water retention. In this situation, the body acts to conserve water when its not being replenished. The Source of Water Weight The early weight loss from a diet can be partly fat, especially if youre exercising and reducing calories, but if youre using more energy than youre replacing as food and drink, the first weight youll lose will be water. Why? Its because the energy source your body turns to once it runs out of its relatively small store ​of ​carbohydrates (sugars) is glycogen. Glycogen is a large molecule made up of a protein core surrounded by glucose subunits. Its  stored in the liver and muscles for use during energy-intensive activities, like running away from danger and supporting the brain when food is scarce. Glycogen can be quickly metabolized to meet the bodys need for glucose, but each gram of glycogen is bound to three to four grams of water. So, if you use up your bodys glycogen stores (as when dieting or with prolonged exercising), a lot of water is released over a short amount of time. It only takes a few days of dieting for glycogen to be expended, so the initial weight loss is dramatic. Loss of water can lead to loss of inches. However, as soon as you eat enough carbohydrates (sugars or starches), your body readily replaces its glycogen stores. This is one reason people often see an initial weight gain immediately after going off a diet, particularly if it was one that restricted carbohydrates. Its not the fat coming back, but you can expect all the water you lost the first couple of days of a diet to return. Other Causes of Water Weight Changes There are many biochemical reactions in the body that affect how much water is stored or released. Natural hormonal fluctuations can have a big impact on water storage. Since the body maintains stable electrolyte levels, losing too much of an electrolyte can leave you dehydrated, while too high of intake can cause you to retain water. Diuretics are chemicals that prompt the release of water. Natural diuretics include any stimulant, such as coffee or tea. These chemicals temporarily alter the natural set point for water retention, causing slight dehydration. Alcohol also acts as a diuretic, potentially causing much greater dehydration because additional water is used to metabolize ethanol. Eating too much sodium (as from salt)  leads to water retention because water is needed to dilute the high level of the electrolyte. Low potassium, another electrolyte, can also cause fluid retention because potassium is used in the mechanism that releases water. Many medications also affect water homeostasis, potentially leading to water weight gain or loss. So do some supplements. For example, dandelion and stinging nettle are natural diuretic herbs. Because water is used for thermoregulation, heavy perspiration, whether it be from exertion or sweating in a sauna, can produce temporary weight loss from dehydration. This weight is immediately replaced after drinking water or other beverages or eating foods that contain water. A surprising cause of water retention is mild dehydration. Because water is critical to so many processes, when its not being replenished at a fast enough rate, conservation mechanisms kick in. Water weight wont be lost until adequate water is being consumed and normal hydration is achieved. After that point, research indicates drinking more water doesnt aid weight loss. Nutrition expert Beth Kitchen (the University of Alabama at Birmingham) conducted research that concluding drinking more water does burn a few more calories, but it wasnt a significant number. Her research also indicated drinking ice-cold water as opposed to room temperature water resulting in an insignificant difference in calories burned and weight lost.

Thursday, November 21, 2019

Business Organisation & Policy Topshop Essay Example | Topics and Well Written Essays - 1750 words

Business Organisation & Policy Topshop - Essay Example High street retail business like Topshop has been affected by a number of factors like price and cost pressure, concentration in the industry etc. Topshop specializes in women’s fashion products such as clothing and apparels. This retail sector is expanding both horizontally and vertically with retailers taking broader strategies to adapt to it (Burt and Sparks, 2003, p. 15). Polarisation increases in the sector with the growth of the bigger companies. Hence, innovation is the critical element which the retailers need to do for their development. With economies opening them to outer world, the competition is increasing and the retailers are developing strategy to survive. But while developing strategy they need to take into consideration the external factors which will impact them. Political Structure and Trends Topshop and other high street outlets i.e. its competitors are affected by the political structure in a number of ways. One of the main way that politician in UK can affect the high street retail outlet businesses is through their exercise of power in the land-use planning system. Though land-use planning is the function of local authority, the national government can intervene in for the development and growth of high street retail outlet business like Topshop. Recently there have been restrictions on green field development project and hence it is becoming harder for retailers to open in the new shopping centres (Bluff, 2012, p.15). Therefore, as a high street outlet, Topshop needs to take a close look at current business policies and re-strategise their decisions for future expansion. The environment of shopping has changed over the years, because the shoppers can now choose between the leisure and experience component. They now face a more functional price driven appeal from the shoppers (APCO Worldwide, 2012, p. 4). With technological advancement the price has become a major component as the consumers can easily compare the price. Hence, the company needs to offer products of varied price ranges and develop and implement effective branding and promotional strategies so that they can position themselves differentially in the market. The competition commission in UK has found out that consumer have accepted many of the changes in the high street retail sector like the online shopping. As discussed the land-use planning affects the location of the outlets, there are other instruments which governments can use to affect the operations like retail trading legislations and the public policies which regulate such working conditions of the industry, like employment practices etc. Economic Structures and Trends The UK high street retail sector is affected by the macro-level position of the country. If the general economic condition is good this sector will experien ce a high volume of retails sales. If the economic condition of the country improves then there is a possibility of significant investment by other players. Like in India with the Opening up of FDI in the retail sector, many foreign retailers like Walmart, Ikea is going to open themselves up in the country. Like in UK

Tuesday, November 19, 2019

The US Presidential Election Campaign Article Example | Topics and Well Written Essays - 1750 words

The US Presidential Election Campaign - Article Example Clinton claims her experience in such a leadership platform stemmed from her position as the head of the health-care reform initiative under her husband’s presidential term. She consulted with top experts on health issues, designing a highly detailed health care plan. In assembling such a plan, constituents came up with a variety of opposing views. This resulted in much dissatisfaction among those involved in planning, as they expect their ideas to have been considered, ending most issues in gridlock and a worsened health care crisis. O’Toole compares the two leaders calling Clinton’s leadership style â€Å"managerial† and Obama’s leadership style â€Å"transformational†. He leans towards Obama’s approach to leadership because when he believed that successful transformations have occurred due to leaders who â€Å"offer inspiring visions and values, identify clear goals, and then provide the context and opportunity for those below them to participate in the design and implementation of the actual business of change†. O’Toole tried to analyze Clinton’s and Obama’s leadership styles according to corporate leadership. He claims that leaders of large corporations have adopted a values-based, decentralized approach to organizational transformation. This makes the leader’s subordinates empowered to be entrusted much in terms of responsibility of change implementation and the leader to focus more on the vision and fulfillment of goals.

Thursday, November 14, 2019

Love as a Theme in Jane Eyre Essay -- essays research papers

Love is an important theme in the famous novel Jane Eyre by Charlotte Bronte. Jane's love for Rochester is clearly noticible throughout the novel. But Jane's true love for Rochster becomes appearent in only a few of her actions and emotions. Although it may seem Rochester manipulated her heart's desire, this can be disproven in her actions towards him. Jane followed her heart in the end, by returning to Rochester. Jane's true love for Roshester becomes appearant during her walks with him at Thornfield. Jane is affected by him so much that "[her] blanks of existance were filled up; [her] bodily health improved; [she] gathered flesh and strenght" (160). She felt like his "presence in a room was more cheering than the brightest fire" (166). When Blanche - a new woman in Rochester's life - came along, Jane began to grow jelous, which reveals how much she actually really loves Rochester. She begins to hate herself saying "he is not of your order: keep to your caste, and be too self-respecting to lavish the love of the whole heart, soul, and strength, where such a gift is not wanted and would be despised (184). With the presence of Blanche, Jane begins pointing out her insuficiencies and the things she hates about herself. This clearly expresses jelousy, and how much she is actually in love with Rochester. In the end, she clearly expressed her love for Rochester when...

Tuesday, November 12, 2019

Raising Resilient Children

Another point he article makes is that by raising resilient children, they tend to be more self- efficient, resulting In future success as a teenager and an adult(Wade). Relation to Textbook There is a section in the textbook titled â€Å"The Wellsprings of Resilience†. It states children who have been beaten, neglected, or constantly subjected to verbal or physical abuse by their parents are more likely than other children to have emotional problems, become delinquent and violent, commit crimes, drop out of school, develop mental disorders such as depression, and develop chronic stress-related illnesses.It goes on to conclude that most children are surprisingly resilient, eventually overcoming drastic effects of having an abusive parent or even being sexually molested. These situations are extremely devastating, but don't happen In everyone life, but if a child was molested, even they can heal from that wound by being rescued by love. The book emphasizes the most significant reason for the resilience of children, is that we are all constantly interpreting our experiences. Whether we want to remain prisoners of childhood, or be enlightened by the possibilities of adulthood, IS a choice that ;s Vital.Child development research RAISING RESILIENT CHILDREN 3 does suggest certain overall guidelines to help parents teach children to be confident, considerate, and helpful: set high expectations that are appropriate to the child's age and temperament, and teach the child how to meet them, explain why the parent has applied a rule, encourage empathy, and notice, approve of, and reward good behavior(Camps). Relates to My World I chose this article because I can definitely relate to It. My mother raised me alone cause my dad left when I was a little girl.I remember In my childhood she always made sure that I was growing up to be an emotionally strong person. When I wanted to get myself dressed with no help, my mom would let me because she wanted me to learn the res ponsibility of dressing myself. She also let me be Ms. Bossy basically. The practices she taught me and wanted me to really grasp during my childhood has positively affected me as a teenager and a young adult. I do not plan to have children anytime soon, but I do completely agree that children need to be resilient. It really evolves their stronghold on life.Having a strong head on your shoulders is essential for getting through the tough tribulations and trials life throws at you. This article hits the head on the hammer. I truly appreciate the Information I have gotten from It. Ask Questions 1 OFF I Nils article sat arts out Walt a parent slang â€Å"How can we Keep two Solos inanely Ana merry, I thought, in a world that can seem as precarious as the one we live in now? † As I continued to read the article, I began asking myself how creditable these experts are and what are they really trying to accomplish.This article does not mention the hardships of raising children, and does not address how difficult it can be to do so. It Just states that if a parent uses these specific strategies when raising their children, the child will be emotionally stable, which is not always the case. Sometimes other things can interfere. Avoid Emotional Reasoning This article begins to go in detail about the parent wanting to solve the child's problems, sometimes blocking the logical thing to do, which is to let the child learn from their mistakes, and develop self-responsibility.Don't Oversimplify The article gives off an either/or thinking, with it being either you practice these guidelines or your children will grow up unemotionally stable. RAISING RESILIENT 5 Consider Other Interpretations This article does not give the opposite side of being resilient, so who is to say that these experts are correct, and know what they are talking about. Tolerate Uncertainty This article does not involve certainty of a sure situation. It Just simply states some things a parent can do to raise their child to be emotionally intact.

Saturday, November 9, 2019

A Market Economy And In A Command Economy Economics Essay

Construction Economics is a nucleus topic to Quantity Surveyors which will use the cognition of it for future profession judgements. Quantity Surveying is besides known as Building Economist. Therefore, application of Economics is compulsory in building sector specially to be a qualified Surveyor. base replies larning will assist to cover important sum of capable country which I believe more effectual. The format of this assignment will follow the same inquiry order as given in the appraisal standard and some subheadings were added to presentation intents to better the quality of the reply.1. Question ONEQ1.i – Briefly explicate how scarce resources are allocated in a Market Economy and in a Command Economy. A market economic system is an economic status in which the production and distribution of goods and services takes topographic point through the mechanism of free markets led by a free monetary value system. It is reciprocally good and exchange between consumers and Producers. Market economic system is besides known as free market economic system and free endeavor economic system Typically a bid system is connected with a socialist or communist economic system. Largely, scarce resources are owned by authorities or province of the society. The authorities allocates sets resources, rate of growing and marks of production inA to people ‘s wants.A The authorities will make up one's mind the distribution of concluding income and wealth. The market monetary values are minimum alteration and queuing rations for scarce goods can be expected from such a system. Scarcity is kind of tenseness between our limitless wants & A ; demands and the limited resources in the planet. Insufficient production from limited resources to carry through the human wants and demands are take a firm standing for this planetary issue. Production of goods, ingestion of goods and services in return for money is the basic construct of an economic system. Scarcity of resources shall non depend with the type of the economic system. In a bid economic system if a commercial value of such resources can be pre determined, it would be low-cost to everyone. However, the monetary value of such resource would be really high in a market economic system. Q1.ii – See the undermentioned demand and supply informations of Product X. Price ( Rs. ) Demand Quantity ( Units ) Supply Quantity ( Units ) 10 900 80 20 800 180 30 700 280 40 600 380 50 500 480 60 400 580 70 300 680 80 200 780 Table 1 Use a graph paper to pull the demand and supply curves for Product X and find the followers Market equilibrium monetary value – Rs.51.00 Market equilibrium measure – 490 units Graph 1 Q1.iii – Explain the consequence of subsidies and revenue enhancements utilizing the demand and supply curves Effectss of subsidies: – Price $ /unit Supply Curves Consumption Demand Curves S Sub P s ‘PhosphorusP s Q s ‘QSecondGraph 2 Supply curve will switch to the right in Subsidies on production until the perpendicular distance between the 2 curves is equal to the per unit subsidy. This will diminish monetary value paid by the consumers and increase the monetary value received by the manufacturers, when other things remain equal. Otherwise, demand curve will switch to the right a subsidy on ingestion. This will diminish the monetary value paid by consumers. Besides it will increase the monetary value received by manufacturers by the same sum as if the subsidy had been imposed on the manufacturers, when other things remain equal, Although in this instance, the new market monetary value will be the monetary value received by manufacturers. The terminal consequence, once more, is that no affair who is subsidized, the monetary values manufacturers and consumers face will be the same. The analysis of the consequence of a subsidy is basically similar to enforcing a revenue enhancement. A subsidy is simply a negative revenue enhancement. Subsidy consequence will switch the supply curve downward by the sum of the subsidy. Efficaciously this causes an addition in supply. Effectss of revenue enhancements: – Impact of a 50 cents Tax Levied on Buyers Supply – S1 Monetary value of Ice Cream Cone Measure of Ice Cream Cone Equilibrium without revenue enhancement Equilibrium with revenue enhancement $ 3.30 $ 3.00 $ 2.80 Monetary value purchasers pay Monetary value without revenue enhancement Monetary value Sellerss receive 0 90 100 D1 D2 Graph 3 Taxs are used to raise money for the authorities Taxs are discourage market activity When a good is taxed, the measure sold is smaller Buyer and Sellerss portion the revenue enhancement load Who bears the load of revenue enhancement the most Q1.iv.a – Briefly explain the undertaking appraisal method of Net Present Value ( NPV ) method The Net Present Value of a undertaking is the amount of present values of discounted benefits and costs ( A negative value can anticipate as the cost here ) In general it is the difference among hard currency flows in present and future. Once the all future hard currency in subtraction, present hard currency out of the undertaking, the terminal consequence would give the NPV. NPV is a cardinal tool in discounted hard currency flow analysis to measure long-run undertakings and besides it is a standard method for utilizing the clip value of money. 56bdc7353b83add5f8b9bf9ab910465e.png When, t = the clip of hard currency flow, one = price reduction rate, Rt = net hard currency flow Q1.iv.b – A building company wishes to put aside adequate money today in an involvement bearing history to hold $ 100,000 five old ages from now for the purchase of a replacing piece of equipment. If the company can have 12 % involvement on the investing, how much should be set aside now to accrue the $ 100,000 five old ages from now? F = P ( 1 + I ) N P = F / ( 1+i ) N P = 100,000 / ( 1+0.12 ) 5 = $ 56,742.69 Q1.iv.c – What is the one-year sedimentation that has to be made at the terminal of twelvemonth if Rs. 500,000 is to be accumulated after 15 old ages at a bank where involvement rate is 7 % per annum? A = F { i/ [ ( 1 + I ) n-1 ] } A = 500,000 { 0.07/ [ ( 1 + 0.07 ) 15-1 ] } A = Rs. 19,897.312. QUESTION TWOQ2.i – Briefly explain the four market constructions you have studied. There are four classs of market construction exist in an economic sciences. Perfect Structures Monopolistic Competition Oligopoly MonopolyPerfect StructureThis is a conjectural economic system in which no consumer or manufacturer has any market power to take a firm stand the monetary values described perfect construction. This sort of market based on six premises. Atomicity. Homogeneity. Perfect and complete information. Equal entree. Free entry. Individual purchasers and Sellerss act independentlyMonopolistic CompetitionMonopolistically Competition house acts like a monopolizer. The house will be able to act upon the market monetary value of its merchandise by altering the production rate of the merchandise. There are four sub features of a Monopolistic Competition market. Many consumers and manufacturers in a given market Non-price differences among the rival ‘s merchandises can be preserved by consumers. Barriers to entry and issue to the market. Degree of control over monetary value to manufacturers The features of monopolistically competitory market are about the same as in perfect competition, with the freedom of heterogenous merchandises, and that monopolistic competition involves a great trade of non-price competition.OligopolyMarket or industry is dominated by a little figure of Sellerss in an Oligopoly market. The determination of one house influence, and are influenced by the determination of other houses. This involves higher hazard of collusion in markets and industries.MonopolyMonopoly exists in an economic system when a specific person or endeavor has sufficient control over a peculiar service or merchandise. That will do to find the footings on which other persons shall hold entree to it significantly. Largely, in monopoly economic system, the authorities statute laws restrict to come in in to the monopoly market. In Sri Lanka, there was a period, where Shell gas had a monopoly control over domestic gas monetary values which the demand side suffers lot due to monetary value hiking. Q2.ii – Do you believe a monopoly is good for the society? In what peculiar state of affairs a monopoly would be appropriate? Discuss Monopoly economic system will non give a competitory monetary value for clients for a good or service. This happen specially the control over the monopoly Markss retain with private sector. Therefore, clients largely suffer if the monopoly is under private sector control. However, an economic system over public sector control would do different status towards clients. Such organisation will stand as none net income organisations. The purpose is established towards public satisfaction. Railway section, postal service, toll roads are illustrations for monopoly services provides by the authorities for the low-cost value. Q2.iii – The undermentioned tabular array gives the labor input per twenty-four hours and the end product per twenty-four hours of a certain undertaking carried out by a Contractor. Complete the following table demoing the contractor ‘s economic costs. Assume the day-to-day pay rate per worker is ?50 Labour per twenty-four hours Output per twenty-four hours Fringy Merchandise Variable Cost Average Cost Fringy Cost 0 0 1 5 5 50 10.00 50 2 12 7 100 8.33 50 3 20 8 150 7.50 50 4 31 11 200 6.45 50 5 40 9 250 6.25 50 6 46 6 300 6.52 50 7 50 4 350 7.00 50 8 52 2 400 7.69 50 Table 2 Pull the graph of variable cost curve Graph 4 Pull the graph of fringy and mean cost curves ( on one graph ) Graph 53. QUESTION THREEQ3.i – In what manner does the building industry differ from the fabrication industry? Explain your reply with appropriate illustrations. Manufacturing tends to do the same merchandise over and over called as line production. But building makes a alone merchandise, one at a clip. Soap Manufacture would bring forth 100s of soaps per twenty-four hours and it would go on. But building a edifice is alone and a one end of 100s yearss attempt. Once the building work is completed, it moves to following location in a certain clip period. But Manufacturing is go oning in a lasting topographic point like mills, workshops or paces which will non alter the location clip to clip under normal fortunes. Builder will travel to new site after passing over the old undertaking to its proprietor. A undertaking for today could be in Galle whilst the following undertaking in following twelvemonth in Kandy to the same contractor. The building merchandise would devour a long clip before it reaches to concluding result. But fabricating is required short clip. To finish the southern freeway it took 12 old ages from Galle to Colombo. But to fabricate vehicle suites to go in main road may merely take few hours in a large Fabrication pace in Japan The building industry is more consequence oriented. The client concern and ever insist to keep the consequence in to his demand. In fabrication industry, the client or end-user engagement is really rare. The fabrication industry is more with procedure oriented. The workers purpose is to keep the procedure, efficiency and efficaciously towards what they produce. Construction of a land grade edifice, client will name his squad to do certain the undertaking is being delivered in to his demand. But in fabricating a computing machine, no 1 knows who is the terminal user or who is traveling to have it. So the quality is fixed and end-user must follow with available quality. Potential change can be happened during building. But in fabrication is pre defined. So no alterations would go on unless otherwise, bring forthing a new merchandise with different marks. Typical house contraction, the proprietor may wants to alter the original design clip to clip. But in fabricating paracetamal tablet will ne'er alter its ingredients. Manufacturing points are off the shelf but building is non. An point which has been manufactured can be purchased from a store. But building undertaking would non be available due to mainly the cost of making so. Q3.ii – Explain the importance of authorities intercession in the building industry with appropriate illustrations. Government intercession to the building industry is more of import due to Nemours grounds. In Sri Lanka, Institute for Construction Training And Development ( ICTAD ) has been established as the regulative organic structure for Construction Industry. So it will do a clear image how Sri Lankan authorities has intervened to the industry. To do certain the building would non harm the environment and pubic: – As a consequence of improper building behaviours and Acts of the Apostless, it would potentially foul the environment and injury to the public public assistance. To supervise or to modulate such from building activities, it is compulsory engagement of authorities for building industry. To do certain the building is suite with town program: – As a consequence of hapless planning, the metropolis country would be supplying best service choices to public convenience. Therefore, it is of import the building site to follow with town program. To avoid corruptness and to do certain the terminal user or client gets the best value for his money Construction is the most reasonable factor behind a development of a state. In the manner for development, the positive influence to promote the building by a authorities will do a important part towards a developed state. To do certain the authorities is gaining due revenue enhancements: – The chief income for a authorities is revenue enhancements. Every different industry, merchandise, or services, authorities will hold its ain part of income as revenue enhancements. To do certain the authorities is acquiring due revenue enhancements for the contraction, the intercession is of import. Particular grants: – In Sri Lanka, as an action to promote the building industry, authorities has non charged revenue enhancements against the contraction vehicles. Government ever to do certain the cement monetary value of the state to remain in a low-cost zone for the populace. Education degree and Construction Professionals: – By bettering the instruction system and increasing the Construction Profession in university plan is besides a good intercession by authorities to do the industry live in the state. Duties of Regulatory Body: – Contractors are registered in the ICTAD to make the trust on building clients. Price bulletin publish by authorities besides help to cipher the sum of existent monetary value escalation within a concern period.4. DecisionThis appraisal was significantly enhanced my cognition towards the Construction Economics topic. Some countries are really of import like for Net Present Value non merely merely for a Quantity Surveyor or Economist, but for any sensible adult male who make investing or do any minutess with a bank to set up or be after the investings efficaciously. I strongly believe that I will be able to use the cognition on the topic to confront future challenges on the profession. The all inquiries were answered and provided all sufficient information as required..5. RecommendationThe inquiry base reply format will be given a more specific testing of pupil ‘s cognition. The inquiries were asked in this appraisal have been covered more of import country of jurisprudence and contract. Knowledge and minimizing on some of import theories are of import to any profession. Therefore, I suggest adding the Economicss topics to other suited professional instruction systems.

Thursday, November 7, 2019

Karl Marx essays

Karl Marx essays The work of Marx, like that of other philosophers and thinkers in the 19th century, owed a great deal to the social context into which he was born and thus the issues he tackled were often similar to those of concern to his contemporaries. It was Marx who decided to go beyond the academia and theoretical study and produce an active theory or a practical philosophy which could provide a basis for political action. Whilst at University in Berlin, Marx adopted and later modified the philosophy and principles of Hegel, centrally his dialectal mode of logic. Marx, rather than focusing on a dialectic of ideas as did Hegel, was looking to apply this method to the material world. This was a step to import the dialectic from the realm of philosophy into the realm of social science and thus an important step in the history of sociology. Marx's theories were also influenced by other sources such as French socialist thought, particularly the work of Saint-Simon, concerned with social progress as a result of workers leading the country. The political economy of Britain was another as was his friendship with Engels, both of which had an effect on Marx's transformation from a radical democrat to a communist revolutionary. Marx's theory of society originates from the simple observation that humans must produce food and material goods in order to survive. As a result of this they must enter into social relationships with others, and production becomes a social enterprise. Alongside this exists the 'forces of production', a technical component to manufacturing including the technology, scientific knowledge and raw materials used in the process of production. According to Marx, each stage of development in these forces will necessarily correspond with a certain form of social relationships of production, and the two of these components combine to form the 'infrastructure' or economic base of a society. ...

Tuesday, November 5, 2019

Biography of Frank Sinatra, Legendary Singer

Biography of Frank Sinatra, Legendary Singer Frank Sinatra (December 12, 1915–May 14, 1998), known for his smooth, heartfelt voice during the â€Å"crooner-swooner† era, started performing in 1935 as the singer of a four-piece band in Hoboken, New Jersey. Between 1940 and 1943 he recorded 23 top-10 singles and reached the top position of the male-singer polls in Billboard and Downbeat  magazines. Sinatra went on to become a successful movie star, winning the Oscar for Best Supporting Actor for  From Here to Eternity  (1953). He was popular as a man’s man- he dressed in elegant suits but was known for his legendary temper and stubbornness- while singing romantic songs that made women swoon. Fast Facts: Frank Sinatra Known For: A smooth-voiced crooner who sold millions of records, won nearly a dozen Grammys, and appeared in numerous filmsAlso Known As: Francis Albert Sinatra, The Voice, Ol’ Blue Eyes, Chairman of the Board, Ol Blue EyesBorn: December 12, 1915 in Hoboken, New JerseyParents: Antonino Martino Sinatra, Natalina GaraventaDied: May 14, 1998 in Los Angeles, CaliforniaAlbums: The Voice of Frank Sinatra  (1946), Thats Life  (1966), Strangers in the Night (1966), My Way (1969)Films: From Here to Eternity, Pal Joey, Guys and Dolls, On the Town, Oceans Eleven, The Manchurian Candidate, Rosemarys BabyAwards and Honors: Presidential Medal of Freedom  (1985), Grammy Legend Award, the  Grammy Lifetime Achievement Award, Academy Award, Best Supporting Actor (1953)Spouse(s): Nancy Barbato (m.  1939–1951), Ava Gardner (m.  1951–1957), Mia Farrow (m.  1966–1968), Barbara Marx (m.  1976–1998)Children: Nancy, Frank Jr., Tina SinatraNotable Quote: The biggest lesson in life, baby, is never be scared of anyone or anything. Early Years Born in Hoboken, New Jersey on December 12, 1915, Francis Albert Sinatra was of Italian-Sicilian descent. Being a 13.5-pound baby, the doctor forcefully brought him into the world by forceps, causing major damage to one of his eardrums- which would later make him exempt from entering the army during World War II. Thinking the baby was dead, the doctor set him aside. Sinatra’s grandmother scooped him up and held him under cold running tap water at the sink. The baby gasped, cried, and lived. Frank Sinatra’s father Anthony Martin Sinatra was a Hoboken fireman, while his mother Natalie Della â€Å"Dolly† Sinatra (neà © Gavarante) was a midwife/abortionist and political activist for women’s rights. While Sinatra’s father was quiet, Dolly overwhelmed her son with love as well as her quick temper. She sang in the Italian bel canto style at family gatherings while her son sang along. Sinatra also sang tunes he heard on the radio; his idol was crooner Bing Crosby. During high school, Sinatra took his first girlfriend, Nancy Barbato, to see Bing Crosby perform live in New Jersey, an event that greatly inspired him. Nancy believed in her boyfriend’s dream to sing. While Sinatras parents wanted their only child to graduate from high school and go to college to become an engineer, their son dropped out of high school and tried his luck as a singer. To his parents’ dismay, Sinatra worked various jobs (including plastering walls for Nancy’s father) during the day and sang at Democratic Party meetings of the Hoboken Sicilian-Cultural League, local nightclubs, and roadhouses at night. Radio Contest Winner In 1935, the 19-year-old Sinatra joined with three other local musicians, known as The Three Flashes, and auditioned to appear on Major Edward Bowes’ popular radio program, The Amateur Hour. The four musicians, now called The Hoboken Four, were accepted and appeared on the show on September 8, 1935, singing Mills Brothers’ song â€Å"Shine.† Their performance was so popular that 40,000 people called in their approval. With such a high approval rating, Major Bowes added the Hoboken Four to one of his amateur groups that toured the nation giving live shows. Performing at local theaters and for national radio audiences in late 1935, Sinatra upset the other band members by receiving the most attention. Homesick and rejected by the other band members, Sinatra left the band by spring 1936, returning home to live with his parents. Back home in New Jersey, Sinatra sang at Irish political rallies, Elks Club meetings, and Italian weddings in Hoboken. Desperate to break out of small-time gigs, Sinatra took the ferry into Manhattan and persuaded WNEW radio management to give him a try. They worked him into 18 spots per week. Sinatra hired a New York voice coach named John Quinlan for diction and voice lessons to help him lose his Jersey accent. In 1938, Sinatra became a singing waiter and master of ceremonies at the Rustic Cabin, a roadhouse near Alpine, New Jersey, for $15 per week. Every night the show was broadcast on the WNEW Dance Parade radio show. Women were becoming attracted to Sinatra for his way of communicating vulnerability on stage, not to mention his blue eyes that would focus on one girl then another. After Sinatra was arrested on a morals charge (a woman accused him of breach of promise) and the case was dismissed in court, Dolly told her son to marry Nancy, whom she thought would be good for him. Sinatra married Nancy on February 4, 1939. While Nancy worked as a secretary, Sinatra continued to sing at the Rustic Cabin and also on WNEWs five-day-weekly radio show Blue Moon. Cuts a Record In June 1939, Harry James of the Harry James Orchestra heard Sinatra singing on the radio and went to listen to him at the Rustic Cabin. Sinatra signed a two-year contract with James at $75 per week. The band played at the Roseland Ballroom in Manhattan and toured the East. In July 1939, Sinatra recorded â€Å"From the Bottom of My Heart,† which didn’t hit the charts, but the following month he recorded â€Å"All or Nothing at All,† which became a major hit. The Tommy Dorsey Orchestra was soon upstaging the Harry James Orchestra and Sinatra learned that Tommy Dorsey wanted to sign him. At the beginning of 1940, per Sinatra’s request to leave, Harry James graciously tore up Sinatra’s contract. At the age of 24, Sinatra was singing with the top big band in the nation. In June 1940, Sinatra was singing in Hollywood when his first child, Nancy Sinatra, was born in New Jersey. By the end of the year he had recorded 40 more singles, was touring the nation, singing on radio shows, and had appeared in Las Vegas Nights (1941), a feature-length movie featuring the Tommy Dorsey Orchestra in which Sinatra sang, â€Å"I’ll Never Smile Again† (another major hit). In May 1941, Billboard named Sinatra top male vocalist of the year. Goes Solo In 1942, Sinatra requested to leave the Tommy Dorsey Orchestra to pursue a solo career; however, Dorsey was not as forgiving as Harry James had been. The contract stipulated that Dorsey would be given one-third of Sinatra’s earnings as long as Sinatra was in the entertainment industry. Sinatra hired lawyers who represented the American Federation of Radio Artists to get him out of the contract. The lawyers threatened Dorsey with the cancellation of his NBC broadcasts. Dorsey was persuaded to take $75,000 to let Sinatra go. Embarking on his solo career, Sinatra was welcomed by the screams of 5,000 swooning â€Å"bobby-soxers† (the term for teenage girls of that era) at New York City’s Paramount Theater on December 30, 1942 (shattering Bing Crosby’s attendance record).  Billed as â€Å"The Voice That Has Thrilled Millions,† his original two-week engagement was extended for eight additional weeks. Nicknamed â€Å"The Voice† by his new PR agent George B. Evans, Sinatra signed with Columbia Records in 1943. Signs Contract for Film Career In 1944, Sinatra started his film career with RKO studios. Wife Nancy gave birth to son Frank Jr. and the family moved to the West Coast. Sinatra appeared in Higher and Higher (1943) and Step Lively (1944). Louis B. Mayer bought his contract and Sinatra moved to MGM. The following year, Sinatra co-starred in Anchors Aweigh (1945) with Gene Kelly. He also starred in a short film on racial and religious tolerance titled, The House I Live In (1945), which won him an Honorary Academy Award in 1946. Also in 1946, Sinatra released his first studio album, The Voice of Frank Sinatra, and embarked on a cross-country tour. But in 1948, Sinatra’s popularity slumped due to rumors of an affair with Marilyn Maxwell, womanizing, a violent temper, and an association with the mob (which would always haunt him despite his denials). That same year, Sinatra’s daughter Christina was born. Career Slump and Rebound On February 14, 1950, Nancy Sinatra announced they were splitting due to her husband’s affair with actress Ava Gardner, resulting in more bad publicity. On April 26, 1950, Sinatra hemorrhaged his vocal cords on stage at the Copacabana. After his voice healed, Sinatra sang at the London Palladium accompanied by Gardner, whom he married in 1951. Things continued to go downhill for Sinatra when he was let go from MGM (due to adverse publicity), received some bad reviews on his latest records, and had his TV show canceled. It seemed to many that Sinatra’s popularity had waned and that he was a â€Å"has-been.† Down and out, Sinatra kept busy by hosting a couple of weekly radio shows and becoming a performer at the Desert Inn in the small desert town of Las Vegas. Sinatra’s marriage to Gardner was a passionate but stormy one and didn’t last long. With Sinatra’s career in a tailspin and Gardner’s career on the rise, the Sinatra-Gardner marriage ended when they separated in 1953 (the final divorce occurred in 1957). However, the two remained lifelong friends. Luckily for Sinatra, Gardner was able to help get him an audition for a major role in From Here to Eternity (1953), for which Sinatra not only got the part but also received the Oscar for Best Supporting Actor. The Oscar was a major career comeback for Sinatra. After a five-year career slump, Sinatra suddenly found himself in demand again. He signed a contract with Capitol Records and recorded â€Å"Fly Me to the Moon,† a major hit. He accepted a multi-million-dollar TV contract from NBC. In 1957, Sinatra signed with Paramount Studios and starred in Joker Is Wild (1957) to critical acclaim. A year later, Sinatra’s Come Fly With Me album reached No. 1 on the Billboard album chart and remained there for five weeks. The Rat Pack Once again popular, Sinatra didn’t turn his back on Las Vegas, which had welcomed him with open arms when everyone else had dejected him. By continuing to perform in Las Vegas, Sinatra brought in legions of tourists who came to see him and his movie-star friends (especially the Rat Pack) who would often come visit him on stage. The main members of the Rat Pack of the 1960s consisted of Frank Sinatra, Dean Martin, Sammy Davis Jr., Joey Bishop, and Peter Lawford. The Rat Pack appeared (sometimes randomly together) on stage at the Sands Hotel in Las Vegas; their sole purpose was to sing, dance, and roast each other on stage, creating excitement for tourists. Sinatra was nicknamed â€Å"Chairman of the Board† by his buddies. The Rat Pack starred in Ocean’s Eleven (1960), which was popular with the public. Sinatra starred in The Manchurian Candidate (1962), perhaps his best movie. It was withheld from complete distribution due to President John F. Kennedys assassination. In 1966, Sinatra recorded Strangers in the Night. The album was No. 1 for 73 weeks, with the title song receiving four Grammys. That same year, Sinatra married a 21-year-old soap-opera actress named Mia Farrow; however, the marriage ended after 16 months. Sinatra had apparently asked his wife to co-star with him in a movie called The Detective, but when filming overlapped for another movie she was starring in (and remained committed to), Rosemary’s Baby, Sinatra had her served with divorce papers. In 1969, Sinatra recorded â€Å"My Way,† which became his signature song. Retirement In 1971, Sinatra announced his (short-lived) retirement. By 1973 he was back in the studio recording his Ol’ Blue Eyes Is Back album. The following year, he returned to Las Vegas and performed at Caesar’s Palace. In 1976 he married Barbara Marx, his neighbor in Palm Springs who had been a Las Vegas showgirl married to Zeppo Marx; they remained married for the rest of Sinatra’s life. She toured with him worldwide and together they raised hundreds of millions of dollars for charities. Death In 1994, Sinatra performed his final public concert and was awarded the Legend Award at the 1994 Grammys. He made no further public appearances after suffering a heart attack in January 1997. On May 14, 1998, Sinatra died at the age of 82 in Los Angeles. Legacy Sinatra sold over 250 million records worldwide, received 11 Grammy Awards, and starred in 60 motion pictures during his career of seven decades. His influence on the music business remains undiminished, as his records continue to sell. Many of the films in which he appeared are considered classics, and a number have been remade. The Rat Pack and his songs such as My Way are still fused into the cultural fabric of the U.S. He lived a full life, about which countless books have been written. Mention his name today and he is still remembered as Ol Blue Eyes, a soulful crooner who certainly lived his life his way. Sources Britannica, The Editors of Encyclopaedia. â€Å"Frank Sinatra.†Ã‚  Encyclopedia Britannica, 18 Jan. 2019.Moore, Jeffrey I. â€Å"Frank Sinatra Quotes About Life, Love and New York.†Ã‚  Everyday Power Blog, Everyday Power Blog, 31 Jan. 2019.Staff, Legacy. â€Å"Frank Sinatra Did It His Way.†Ã‚  Legacy.com, Legacy.com, 7 June 2018.

Sunday, November 3, 2019

Comparing Emerson and Thoreau Essay Example | Topics and Well Written Essays - 750 words - 1

Comparing Emerson and Thoreau - Essay Example consistency [which] is the hobgoblin of little minds, adored by little statesmen and philosophers and divines† (Emerson) and independence which is free from any unwarranted neediness that enables one to appreciate existence better as articulated by Thoreau. Emerson begun the transcendentalist thought by urging people to seek solitude to be attuned with their own self. Emerson urges to be your own genius, that is, â€Å"to believe your own thought, to believe that what is true for you in your private heart is true for all men† and not to fall prey to the coercion of society to conform, which according to Emerson is the â€Å"hobgoblin of little minds† that conspires against the manhood of every one of its members (Emerson, ___). This can be accomplished by freeing oneself from living a â€Å"simple lifestyle† that is devoid from the trappings which the society impose. For Thoreau in his Economy book Walden, he clearly defined simplicity as by reducing his desire. Thus, in his Walden Pond experiment, he embarked on his social experiment that would give him a clearer insight about life and appreciate the experience of existence better through a grounded living. To paraphrase Thoreau in his intent to live in the woods of Concored; "I went to the woods because I wished to live deliberately, to front only the essential facts of life, and see if I could not learn what it had to teach, and not, when I came to die, discover that I had not lived. I did not wish to live what was not life, living is so dear; nor did I wish to practise resignation, unless it was quite necessary. I wanted to live deep and suck out all the marrow of life, to live so sturdily and Spartan-like as to put to rout all that was not life, to cut a broad swath and shave close, to drive life into a corner, and reduce it to its lowest terms". In essence, Thoreau argued that by living simply, he was able to â€Å"suck out all the marrow of life† because he is able to appreciate it more in the