Moral Implications of Media Violence and Its Affects On Society Research Paper

Moral Implications of Media Violence and Its Affects On Society - Research Paper Example The ability to produce and distribute independent content is among the most important rights in a democratic society† (Rand-Hendriksen: Long Version, 2011, par. 1). Despite support to freedom of expression, there is still a need to enforce gun control laws, for instance, where failure to restrict purchase and use have been proven to endanger the lives of children and those around them. As emphasized by President Clinton in response to the Littletons Columbine High School shootings, â€Å"access to weapons was greater in the United States than anywhere else in the world, and pledged to continue to work for legislation that would help keep guns out of the wrong hands† (CNN Politics, 1999). Media should also have the ethical responsibility to remind children of the danger of using guns and enforce strict restrictions to access and use through legislative policies that propose strict sanctions for violations. One therefore agrees that it is acceptable opinion based on moral reasoning to justify banning of violent content for programs that could be viewed and accessed by children and teen-agers on identified time slots, in addition to provision of classifying television programs to include strict parental guidance and restricted, as needed. According to a report published by the Federal Communications Commission (FCC), â€Å"the problem is not that the broadcast TV networks can no longer discern contemporary community standards. The problem is that they long ago stopped caring much about these standards† (p. 16). It finally confirmed that â€Å"among those very important tasks are maintaining a decent society, protecting the privacy of the home, and protecting children† (Federal Communications Commission, n.d., p. 35). CNN Politics. (1999, April 22). Clinton discusses school violence with high schoolers. Retrieved August 21, 2012, from articles.cnn.com:

International Market Entry and Development Essay - 1

International Market Entry and Development - Essay Example The paper explores a number of issues enveloping international market entry and growth. International Market Entry and Development A. Market Research in Appraising Foreign Market Potential The practice of market research pursues to expose the market potential of targeted foreign market. This encompasses investigating if the targeted export market enjoys the crucial means to procure imported products, in addition, to whether the needs and prospects of the target market are being sufficiently met. The evaluation of new market’s potential incorporates information centering on features such as competition, market volume and the economy expansion rate, and present trade restrictions. The examination of market prospective also engages competitive strength analysis by highlighting the competitors in the new market, additionally to comparative extent delivery of the objective market shares (Sakarya, Eckman & Hyllegard, 2007). Market size evaluation incorporates an appraisal of the all ocation of the overall market share within the new country that the organization can sensibly anticipate acquiring, as dictated by dynamics such as competition and pricing. Market growth evaluation entails an appraisal of the present demand and future claims, plus unexploited or unmet demand (Sakarya, Eckman & Hyllegard, 2007). There are a number of competitive tactics that may manipulate the choice of new foreign markets such as forestalling the entrance of related organizations or going into a market where huge competitors are deficient. B. The Considerations for Product Adaptation in Foreign Markets Product adaptation details a broad range of concerns varying from superiority and manifestation of products, to other features such as assembly, casing and modeling. Merchandise may have to be adjusted dynamically to match the physical, social, or obligatory prerequisites of a new market (Ajami, 2006). Likewise, the product might be redesigned or repackaged to suit varied consumer lik ings. In seeking product adaptation, organizations ought to be cautious of the downsides linked with adaptation. Inclusive adaptation of marketing solutions is not fundamentally constructive given that it hinders organizations’ capacity to employ benefits derived from features such as economies of scale (Ajami, 2006). Nevertheless, product adaptation assists organizations to appraise and efficiently exploit enriching differentiations, in addition, to distinguishing the company’s attributes and potential. Several factors that steer product adaptation encompass differential exploitation of conditions, political and regulatory pressures, changing client behavior models, competition, and coalition with the marketing concept (Goldman & Nieuwenhuizen, 2006). The edifying and psychological dynamics impacting on product adaptation comprise of facets such as consumption models (models of purchase and patterns of usage), and psychological attributes outlining outlooks towards th e brand. C. Approaches to Amending Promotional Tactic to Fit Foreign Markets Segmentation, Targeting, and Positioning Segmentation in marketing is typically commenced at the client level. Nevertheless, in international

Financial Inclusion for Inclusive Growth in India

Financial Inclusion for Inclusive Growth in India Amartya Sen (2000) convincingly argued that poverty is not merely insufficient income, but rather the absence of wide range of capabilities, including security and ability to participate in economic and political systems. Franklin Roosevelt, the popular president of United States of America in 1932, referred to the American poor as the forgotten man at the bottom of the economic pyramid. Today the term `bottom of the pyramid refers to the global poor most of whom live in the developing countries. These large numbers of poor are required to be provided with much needed financial assistance in order to sail them out of their conditions of poverty. Joseph.E.Stilglitz opines that, if economic growth is not shared throughout society then development has failed. Accordingly, there is felt a need for policy support in channeling the financial resources towards the economic upliftment of resource poor in any developing economy. This study is an attempt to comprehend and distinguish the significance of Financial Inclusion in the context of a developing country like India wherein a large population is deprived of the financial services which are very much essential for overall economic growth of a country. Our understandings and analysis on the topic are presented here below in the following sections. In Section-II, the importance of `Finance for economic growth has been established with adequate literature review. In section III, Inclusive Growth and its significance for achieving sustainable growth is discussed. Section-IV brings to fore the Financial Inclusion and its dimensions in detail. In Section-V, the importance of financial inclusion for achieving Inclusive Growth in India is detailed with a statistical analysis. Section-VI contains the Recommendations and the Conclusion is presented in Section-VII. II. FINANCE AND GROWTH The earlier theories of development concentrated on labor, capital, institutions etc as the factors for growth and development. The leading works hardly include finance as a factor for growth. Since then there has been numerous research analyzing how financial systems help in developing economies. A wide agreement exists among economists that financial development prompts economic growth. According to Rajan and Zingales (2003), development of the financial system contributes to economic growth. Empirical evidence time and again emphasizes the relationship between finance and growth. According to the works of King and Levine (1993a) and Levine and Zervos (1998), at the cross-country level, evidence indicates that various measures of financial development (including assets of the financial intermediaries, liquid liabilities of financial institutions, domestic credit to private sector, stock and bond market capitalisation) are robustly and positively related to economic growth. Other st udies also establish a positive relationship between financial development and growth at the industry level, like the one by Rajan and Zingales (1998). Since the groundbreaking contributions of King and Levine (1993a, b), economists have shown renewed interest in the finance-growth nexus. It is indeed irrefutable that considerable part of the differences in long run economic growth across countries can be elucidated by disparity in their financial development (King and Levine, 1993a; Levine and Zervos, 1998, Demirguc-Kunt and Maksimovic (1998) and Rajan and Zingales, 1998). Beck, Demirguc-Kunt, Laeven and Levine (2006) use Rajan and Zingales (1998) approach, which provides supplementary evidence that financial development increasingly props up the growth of smaller firms which constitute largely the priority sector lending in the case of Indian Financial sector. Recent survey evidence suggests that access to finance has a direct nexus with faster rates of innovation and firm dynamism consistent with the cross-country finding that finance promotes growth through increase in productivity (Ayyagari, M., Demirgà ¢Ã¢â€š ¬Ã‚ ¡-Kunt, A. a nd Maksimovic, V, 2007, Levine, 1998, 1999). Further, it has also been revealed that financial development plays a significant role in moderating the impact of external shocks on the domestic economy (Beck, T., Lundberg, M. and Majnoni, G, 2006 and Raddatz, C, 2006). Besides debate concerning the role of finance in economic development, economists have also debated the relative importance of bank-based and market-based financial systems for a long time (Golsdmith, 1969; Boot and Thakor, 1997; Allen and Gale, 2000; Demirguc-Kunt and Levine, 2001). Joseph Schumpeter argued in 1911 that banks play a pivotal role in economic development. According to this view, the banking sector alters the path of economic progress by affecting the allocation of savings and not necessarily by altering the saving rate. Largely, the Schumpeterian view of finance and development highlights the impact of banks on productivity growth (Schumpeter, Joseph A, 1934). Banking sector can wield a positive influence on the overall economy, and hence is of broad macroeconomic importance (Bonin and Wachtel, 1999, Jaffe and Levonian, 2001, Rajan and Zingales, 1998). It is established that better developed banks and markets are closely associated with faster growth (Levine, Loazya a nd Beck, 2000; Loayza and Ranciere (2002); Christopoulos and Tsionas, 2004). Improved functioning of banks can be able to boost resource allocation and hasten growth (Boyd and Prescott 1986; Greenwood and Jovanovic 1990; King and Levine 1993a; Levine, R. and S. Zervous 1998). Correspondingly, by aiding risk management, improving the liquidity of assets available to savers, and by lowering trading costs; banks can enliven investment in potential economic activities (Obstfeld 1994; Bencivenga and Smith 1991; Greenwood and Smith 1997). Banks do exercise significant and causal impact on productivity growth, which feeds through to overall GDP growth. The long-run association between prioritised banking and both capital growth and private savings are more tenuous (Levine, Ross; Loayza, Norman; and Beck, Thorsten, 1999). It is also ascertained by some researchers that the size of the banking sector can be safely considered a good predictor for future growth, especially when focusing on lon g term projects (Andrea Vaona, 2005). The research so far has not only looked at how finance facilitates economic activity but also social aspects like poverty, hunger etc. The consensus is that finance promotes economic growth but the magnitude of impact differs. Financial inclusion is intended to connect people to banks with consequential benefits. Ensuring that the financial system plays its due role in promoting inclusive growth is one of the biggest challenges facing the emerging economies. We therefore advocate that financial development creates enabling conditions for growth through either a `supply-leading (financial development spurs growth) or a `demand-following (growth generates demand for financial products) channel. Access to safe, easy and affordable credit and other financial services by the poor and vulnerable groups, disadvantaged areas and lagging sectors is recognised as a pre-condition for accelerating growth and reducing income disparities and poverty. Access to a well-functioning financial system, by creating equal opportunities, enables economically and socially excluded people to integrate better into the economy and actively contribute to development and protects themselves against economic shocks. III. INCLUSIVE GROWTH Development economists and states have often been for a long time interested in the relationship between financial development and economic growth especially in the period which is known as the era of the Washington Consensus. A growing GDP is an evidence of a society getting its collective act together for progress. As its economy grows, a society becomes more strongly organised, more compactly interwoven. Growth is good, Sustained high growth is better and Sustained high growth with inclusiveness is best of all. Inclusive growth in the economy can only be achieved when all the weaker sections of the society including agriculture and small scale industries are nurtured and brought on par with other sections of the society in terms of economic development. The major development challenge is to make the growth inclusive. Policies for inclusive growth are vital components of majority of government strategies for sustainable growth. Commission on Growth and Development notes that inclus iveness-a concept that encompasses equity, equality of opportunity, and protection in market and employment transitions is an essential ingredient of any successful growth strategy (Commission on Growth and Development, 2008). Three pillars of inclusive growth are; (i) Maximise economic opportunities (ii) Ensure economic well being and (iii) Ensure equal opportunities to economic opportunities (Ifzal Ali, 2007). An inclusive growth strategy encompasses the key elements of an effective poverty reduction strategy and, more importantly, expands the development agenda. Developing inclusive financial systems which are financially and socially sustainable, as a poverty reduction strategy, should be given priority (Amit K. Bhandari, 2009). Levine, (1998), (1999) and Beck, Demirguc-Kunt and Levine (2007) have noticed a positive effect of finance on poverty reduction. Economies with higher levels of financial development experience faster reduction of poverty. This has been explained by an extensive body of literature including Deininger and Squire (1998), Dollar and Kraay (2002), White and Anderson (2001), Ravallion (2001) and Bourguignon (2003). In an often cited cross-country study, Kraay (2004) proves that growth in average incomes explains 70 percent of the variation in poverty reduction (as measured by the headcount ratio) in the short run, and as much as 97 percent in the long run. Lopez and Servà ¢Ã¢â€š ¬Ã… ¡n (2004) suggest that for a given inequality intensity, the poorer the country is, the more vital is the growth component in explaining poverty reduction. Thus, equitable growth is indeed an imperative for inclusive growth. IV. FINANCIAL INCLUSION Importance of financial inclusion arises from the problem of financial exclusion of nearly 3 billion people from the formal financial services across the world. The review of literature suggests that the most operational definitions are context-specific, originating from country-specific problems of financial exclusion and socio-economic conditions. Thus, the context-specific dimensions of financial exclusion assume importance from the public policy perspective. The operational definition of financial inclusion, based on the access to financial products or services, also underscores the role of financial institutions or service providers involved in the process. Furthermore, the operational definitions have also evolved from the underlying public policy concerns that many people, particularly those living on low income, cannot access mainstream financial products such as bank accounts and low cost loans, which, in turn, imposes real costs on them -often the most vulnerable people (H. M. Treasury, 2007). Thus, over the years, several definitions of financial inclusion/exclusion have evolved. In the Indian context, Rangarajan Committee on Financial Inclusion in India (2008)) defines it as: Financial inclusion may be defined as the process of ensuring access to financial services and timely and adequate credit where needed by vulnerable groups such as weaker sections and low income groups at an affordable cost. The financial services include the entire gamut savings, loans, insurance, credit, payments etc. The financial system has to provide its function of transferring resources from surplus to deficit units but both deficit and surplus units are those with low incomes, poor background etc. By providing these services, the aim is to help them come out of poverty. Measurement of Financial Inclusion is not universally the same. Different countries adopt different indicators to measure financial inclusion. Definitional Aspects of Financial Inclusion / Exclusion and their indicators as recommended by United Nations, World Bank, Committee on Financial Inclusion in India (Chairman: C. Rangarajan), Asian Development Bank [ADB] and Treasury Committee, House of Commons, UK are presented in Table-1 in Annexure-1. Global Experiences In the developed countries, the formal financial sector serves most of the population, whereas in developing countries, a large segment of the society, mainly the low-income group, has modest access to financial services, either formally or informally. Consequently, many of them have to necessarily depend either on their own sources or informal sources of finance, which are generally at high cost. According to Peachy and Roe (2004) developed countries have experienced good levels of inclusion (99 per cent in Denmark, 96 per cent in France, 96 per cent in Germany and 91 per cent in the USA) have bank accounts. However, it is reported that (ADB, 2007), in the developing countries, formal financial sectors serve relatively a small segment, often not more than 20-30 per cent of the population, the vast majority of who are low income households in rural areas Recent data (Table-2 in Annexure-2) shows that countries with large proportion of population excluded from the formal financial system also show higher poverty ratios and higher inequality. Further, it is observed that, often countries with low levels of income inequality have a propensity to have lower levels of financial exclusion, whereas high levels of exclusion are associated with the least equal ones. According to Kempson (2006), for example, While in the case of Sweden, lower than two per cent of adults did not have an account in 2000 in Germany, it was around three per cent. In comparison, less than four per cent of adults in Canada and five per cent in Belgium, lacked a bank account (Buckland et al, 2005). Countries with high levels of inequality record higher levels of banking exclusion. To illustrate, in Portugal, about 17 per cent of the adult population had no account of any kind in 2000 (Kempson, 2006). Policy Response to Financial Exclusion Country Experiences The policy responses to such exclusion have been varied. Two major kinds of policy responses have been implemented by central banks in response to financial exclusion: codes of practice and specific legislation. Table-3 (Annexure-3) presents the financial inclusion initiatives in different countries. Table-4 (Annexure-4) illustrates the extent of financial inclusion in some select countries. Initiatives for financial inclusion in India The broad strategy for financial inclusion in India in recent years comprises the following elements: (i) encouraging penetration into unbanked and backward areas and encouraging agents and intermediaries such as NGOs, MFIs, CSOs and business correspondents (BCs); (ii) focussing on a decentralised strategy by using existing arrangements such as State Level Bankers Committee (SLBC) and district consultative committee (DCC) and strengthening local institutions such as co-operatives and RRBs; (iii) using technology for furthering financial inclusion; (iv) advising banks to open a basic banking `no frills account; (vi) emphasis on financial literacy and credit counselling; and (vii) creating synergies between the formal and informal segments (Thorat, 2008). V. FINANCIAL INCLUSION AND INCLUSIVE GROWTH IN INDIA The importance of this study lies in the fact that India being a socialist, democratic republic, it is imperative on the policies of the government to ensure equitable growth of all sections of the economy. With only 34% of population engaged in formal banking, India has, 135 million financially excluded households, the second highest number after China. Further, the real rate of financial inclusion in India is also very low and about 40% of the bank account holders use their accounts not even once a month. It is universally opined that the resource poor need financial assistance at reasonable costs and that too with uninterrupted pace. However, the economic liberalization policies have always tempted the financial institutions to look for more and more greener pastures of business ignoring the weaker sections of the society. Some of the features of financial exclusion in India are captured in Figure-1 (Annexure-12). It is essential for any economy to aim at inclusive growth involving each and every citizen in the economic development progression. It is in this context that a study has to be made to understand the importance of priority sector lending in ensuring the inclusive growth in the Indian context. Select macro-economic and financial indicators of Indian economy are presented here below in Table-5 (Annexure-5). Analysis Based on the well accepted approaches for evaluation of the coverage of financial inclusion and to assess its impact on inclusive growth the study endeavors to analyse the following: Spatial Distribution of banking Services Regional Distribution of Banking Services Impact of Financial Inclusion on Inclusive Growth 1. Spatial Distribution of banking Services In order to analyse the spatial distribution of banking services in the country, data for the periods 1991 and 2005 has been verified. Further, bank offices in the country have been classified into Rural and Urban areas. This has been considered in order to get a clear understanding about how the spread of formal banking services has been affected in different parts of the country. The total number of saving accounts, considered to be a better indicator of banking penetration than other deposit accounts, as per cent of number of households, was 137 in rural areas and 244 in the urban areas on the eve of reforms in 1991. By 2005, despite the reforms, the differential continues to be similar. In the case of credit accounts, the situation have deteriorated for rural households while showing significant improvement in the urban areas (Table-6 in Annexure-6), corroborating the very significant increase in retail credit. 2. Regional Distribution of Banking Services An effort has been made to analyse the extent of financial inclusion in different regions of the country such as Northern, North-Eastern, Eastern, Central, Western and Southern regions apart from All India level. A purposeful analysis is made by comparing the data for the period from 1991 to 2005. Further, this data has been further split into rural and urban areas in the country in order to get an exact view about the distribution services in these areas. Further, the analysis is made in terms of population coverage per bank office, Number of Savings accounts per population of one hundred and Number of Credit (loan) accounts per population of one hundred. Table-7 (in Annexure-7) captures the data related to Financial Inclusion, Poverty levels, Population density and Literacy. Table-8 (in Annexure-8) presents the data related to Bank Branches, Workers, Population of Scheduled Castes and Percentage of Households with bank accounts in India. This data is largely sourced from the websit e of Census India and Reserve Bank of India publications. In terms of financial broadening, the scope for improvement remains. Table-9 (in Annexure-9) illustrates the level of financial inclusion in India with region wise statistics. It is discernible that Southern and Northern regions have population coverage below the national averages. All the other regions in the country have coverage well above the national average calling for urgent improvement in the population coverage of the population. Again in terms of rural and urban areas there has been a distinct progress in the coverage of the population by the bank branch offices. Table-9 provides further clarity by providing a break-up of the deposit accounts. Both the deposit and credit accounts are lower in rural households than urban households. Hence despite the rural-push, the rural population has not come forward and avail even basic banking services Impact of Financial Inclusion on Inclusive Growth In order to involve a comprehensive measure of financial inclusion in the Indian context, we consider Priority Sector Lending as a measure of financial inclusion. We are of the opinion that, mere opening of bank account would not be a true indicator of financial inclusion, but availment of financial services, more importantly; the much needed credit for the excluded sections of the society would definitely depict the measure of financial inclusion. Further, this measure would meet the requirements of the definition for measurement of Financial Inclusion provided by United Nations, wherein it is said that the indicator should measure the Access to credit, insurance, savings and payment services. Priority Sector Lending as an indicator in our study addresses all the above aspects. In view of this an attempt has been made to establish the relationship of priority sector lending (as a measure of financial inclusion) with the indicators of inclusive growth such as rural poverty. Rural pov erty is considered to portray inclusive growth as more than 70 percent of India lives in rural areas. The required data for the analysis is obtained largely from the most reliable and official sources such as Reserve Bank of India website, NABARD website, India Development Report 2008 and other related sources. Economic Reforms in Indian economy were initiated in the year 1991-92. As such, to cover equal number of years of priority sector lending and inclusive growth during pre and post-Liberalisation period, data for the period from 1974-75 to 2007-08 has been analysed for understanding the trends. For the purpose of analysis the most popular statistical measure Multiple Regression (OLS) Analysis is used (Andrea Vaona, 2005, Andrea Vaona and Roberto Patuelli, 2008 have also used the same kind of analysis for similar studies). The objective of this section of the paper is to recognize the determinants of Inclusive Growth which can be captured in Rural Poverty (RU_POV) (measured in percentage against that of the total population in rural areas and these figures are provided by the Census of India data) in India and ascertain the impact of Priority Sector Lending (PSL) on rural poverty in India. Priority Sector Lending in the Indian context refers to the bank credit under the directed lending towards the private firms and individuals which is an important parameter that determines the measure of development that can significantly contribute to inclusive growth (Andrea Vaona, 2005). Domestic Savings (SAV) (measured in Rupees in Crores) is included as a determinant in order to account for the argument that savings propels economic activity in the system at large and helps in inclusive growth process (Beck, Levine and Loayza 2000). Rural Employment is one of the significant measures of economic development and consequently of inclusive growth. A greater level of rural employment can be taken as evidence of greater economic development (Cole Shawn, 2007). In recognition of this argument, Employment in Rural Primary sector (EMP_RP) (expressed in million numbers) is included as one of determinants to study their impact on inclusive growth. Agricultural Production is another important determinant that affects the inclusive growth process in rural India. As a large population of weaker sections of the society still depends to a large extent on agriculture, Agricultural Production (AGRI_PRO) (expressed in Kilograms/hectare) determines their upward movement in the income ladder (Andrea Vaona, 2005 also considered production as an important variable in a similar study). Accordingly, agricultural production is also considered as a determinant in the analysis. There is also an indisputable argument that overall credit has profound impact on inclusive growth process (Andrea Vaona, 2005). In view of this, Credit to Gross Domestic Product (CRED_GDP) (measured as a ratio in percentage to GDP) is included as a determinant. If there is an increase in Per Capita Income (PCI) (measured as per capita NNP at factor cost expressed in Crores in Rupees) there certainly will be an increase in inclusive growth process. As such, Per Capita Income (as used as a determinant in a similar analysis by Andrea Vaona and Roberto Patuelli, 2008, Srinivasan 1994, Streeten 1994, and Sugden 1993) is commonly accepted measure of standard of living of people and consequently is a major factor that enhances inclusive growth and hence it is included in the analysis. The regression model can be; Y = à   + à ¡1X1 + .. + à ¡nXn + à ¦ -> Accordingly, Rural Poverty can be better explained and estimated with the following version of equation; RU_POV = f (PSL, SAV, EMP_RP, AGRI_PRO, CRED_GDP, PCI) + à ¦ > In order to control for other factors associated with economic growth not linked to financial development, the regression results are presented by using a simple conditioning information set, including the constant, the logarithm of all explanatory variables. Due to potential nonlinearities, the natural logarithms of the regressors are considered (Levine, Loazya and Beck, 2000). Accordingly, when we log-transform this model (also called a log-log, double-log) we obtain: Log (RU_POV) = à   + log (PSL, SAV, EMP_RP, AGRI_PRO, CRED_GDP, PCI) + à ¦ > `à   represents the `Y intercept, à ¡1,?n represent the respective regression coefficients for explanatory variables X1 .. Xn and `à ¦ represents the error term. Where, `Y represents the `RU_POV , i.e, Rural Poverty and `X1, `X2 , ., `X14 represent the predictor variables and `à ¡1 , `à ¡2, .., `à ¡n represent the partial regression coefficients of `PSL i.e, `Priority Sector Lending, `SAV-Savings, `EMP_RP-Employment in Rural Primary sector, `AGRI_PRO-Agricultural production, `CRED_GDP-Credit to Gross Domestic Product and `PCI-Per Capita Income respectively. `à ¦ represents the `error term. The results of analysis are presented in Table-10 (Annexure-10) for the period from the year 1977 to 2007. Inferring from the results of this analysis, it can be concluded that Priority sector lending has significant impact on rural poverty. Graphical presentation of the trend of priority sector lending in the pre liberalisation period from 1974-75 to 1990-91 and post liberalisation period from 1991-92 to 2006-07 is illustrated in Figure-2 (Annexure-13). It is clearly evident from the figure that priority sector lending has taken a gradually upward moving curve indicating a steady rise in the post liberalisation era. Further, the Nature and strength of the impact of the various determinants on Inclusive growth are captured in Table-11 (Annexure-11). A graphical presentation of the trend of the inclusive growth in India is presented in Figure-3 (Annexure-14). It is orchestrated by the rhythmic forward movement trends of the above discussed determinants during the study period. Rural Poverty is on a declining trend more pronouncedly during the post liberalisation period. Findings of the Study The study found that Priority Sector Lending has a very high significant impact on inclusive growth, which is in line with the findings of Kraay (2004) and Beck, et all (2007). Domestic Savings (in line with the conclusions of Levine, Ross; Loayza, Norman; and Beck, Thorsten, 1999), Credit to Gross Domestic Product (as established by Ayyagari, M., Demirgà ¢Ã¢â€š ¬Ã‚ ¡-Kunt, A. and Maksimovic, V, 2007, Narasimham, 2002, Obstfeld 1994; Bencivenga and Smith 1991; Greenwood and Smith 1997) and Per Capita Income (as stated by Levine, 1998, 1999) are found to have significant impact on reducing rural poverty in India. The model developed in the study explains the trend of rural poverty (Lopez and Servà ¢Ã¢â€š ¬Ã… ¡n, 2004) to the extent of 93.5 percent involving the important determinants such as Priority Sector Lending (Rajan and Zingales 1998), Savings, Employment in Rural Primary sector, Agricultural Production (Andrea Vaona, 2005), Credit to Gross Domestic Product (Andrea Vaona, 2005 ) and Per Capita Income (Andrea Vaona and Roberto Patuelli, 2008, Srinivasan 1994, Streeten 1994 and Sugden 1993). Further, it is also demonstrated (Figure-2) that financial sector reforms have indeed had a positive impact on reduction of rural poverty. VI. RECOMMENDATIONS AND POLICY CHOICES Based on the outcome of the above analysis, we present here below our recommendations. Strategize the Provision of Bank Credit Need is felt to strategize the provision of bank credit to the rural farmer households. Majority of the marginal farmer households are not at all covered by the formal finance. As such public sector banks and the co-operative banks in the rural areas have to sensitize about the need for provision of timely and cheaper credit to these segments. Reserve Bank of India in consultation with NABARD should come out with a comprehensive strategy for revitalizing the quiescent rural credit mechanism. Cover the Poor It is imminent to encompass the tenant farmers, oral lessees and share croppers, marginal farmers with small un-economical land holdings, agricultural laborers, rural artisans and people involved in making handicrafts and also majority of weavers in handloom Sector. Extensive use of Co-operatives The large number of PACS and primary cooperatives under the parallel Acts located in rural areas are not functioning effectively. Many of these cooperatives are in districts where the DCCBs are defunct or moribund. Such PACS could provide valuable services to their members if they get access to a commercial bank. In view of these there is a need to revitalize these cooperatives as per the Vaidyanathan Committee recommendations and use them extensively for financial inclusion in the rural areas. Undoubtedly a Greater Role for NABARD NABARD ha to play a pro-active role by partnering with the rural credit institutions in the field and identify new initiatives that will contribute to effectively improving the extent of financial inclusion involving SHGs, MFIs, etc. Procedural / Documentation Changes It is inevitable on the part of the regulators to find out an easy way of procuring the documents for opening of bank accounts and availing loans. The present guidelines are more tedious and result in huge costs for the poor in accessing the banks for any kind of services. Exemption from Stamp Duty for Loans to Small and Marginal Farmers, Simplifying Mortgage Requirements, Saral Documentation for Agricultural Loans. Proactive Role of Government State Governments should asked by the Centre to play a pro-active role in facilitating Financial Inclusion. Issuing official identity documents for opening accounts , creating awareness and involving district and block level functionaries in the entire process, meeting cost of cards and other devices for pilots, undertaking financial literacy drives are some of the ways in which the State and district administration have involved themselves. A role for Rural Post Offices Post Offices in rural areas can be asked to provide their services in accelerating the financial inclusion activity. In view of the postmans intimate knowledge of the local population and the enormous trust reposed in him post offices can be good use in the process of financial inclusion Effective use of Information Technology Solutions Financial Inclusion initiatives. Adequate Publicity for the Project of Financial Inclusion In a huge country like India, there needs to be huge publicity for popularizing the concept and its benefits to the common man. In this direction, a comprehensive approach has to be developed involving all the concerned at all levels to impress upon the need for financial inclusion for accelerating th

The Dehumanization of Gregor in Kafkas Metamorphosis Essay -- Kafka M

The Dehumanization of Gregor in The Metamorphosis In the novella The Metamorphosis, by Franz Kafka, the main character Gregor undergoes a physical transformation from human to bug. Despite this change in appearance, he maintains his human brain as insect tendencies slowly take over his day to day behavior. He maintains his thoughtless state of mind, memories, and inner dialogue during his exterior transformation. Although he maintains his mental capacities, it is his change in appearance that causes his family to turn against him and eventually kill him. These events show how people can become dehumanized by society and the government only because of a difference in behavior or appearance. In Gregor's case, he is transformed in an extreme manner and only remains human in his thoughts and emotions. "He found himself transformed in his bed into a gigantic insect." This extreme form of physical transformation is used to show how even a person's own family can, under certain conditions, reject, mistreat, and eventually kill because of a change in outward appearance or behavior....

Career Counselling and Development

In the New Careering Model, Miller-Tiedeman uses case studies and discussion points throughout the text journey to help both professionals and students learn practical application. In the book by Miller – Tiedeman, historical events, models, and comparison charts are punctuated all throughout lending a global perspective to the New Careering model. The visual Pythagorean wheel blueprinting the spectrum of living harmonies activates different dimensions of awareness and possibilities for life. This model is ideal for use in the classrooms (Mahoney, 2007). The book includes end-of-chapter questions, in-class exercises, and potential homework projects. The book appropriate for beginning counsellor education courses, entrepreneurial classes in business administration, career classes in other disciplines, church groups, pastoral counselling classes, and support/study groups. While many career counselling models have focused almost entirely on practical methods aimed at occupation with little attention to the process nature of life, Miller – Tiedeman outlines a creative approach that advocates a theory of life, not job, as career. Focus is centred on a three-fold approach of thinking, feeling, and willing of the career theory of the individual, by addressing logical, emotional, and spiritual aspects as cited in the book. In a global and human perspective, Miller – Tiedeman illustrates, through detail of theory, a broader view of career places in which individuals can connect with their deeper spiritual selves. This book by Miller – Tiedeman unfolds into three major components such as Learning the New Careering: The â€Å"What† Question; Practicing the New Careering: The â€Å"How† Question; and the Living the New Careering: The â€Å"Why† Question. Through this journey of introspection and a myriad of careering principles, the reader is able to ask about his/her own life direction. Miller – Tiedeman helps guide the question, â€Å"Does one’s life compass mostly toward job and things, or is it toward the journey as a whole?† Every chapter ends with discussion questions that evoke powerful inquiries into one’s complete approach to life and career. The book by Miller – Tiedeman is highly detailed and theory focused. One theory, in particular, The Pythagorean model — a spectrum of living harmonies — illustrates different dimensions of awareness and possibilities for life, and demonstrates how the nine power streams of focused energy through different parts of ourselves: i.e., the body, emotions, mind, will, intuitive thoughts and feelings, make up our complete life and career backdrop. Nine primary energies suggest nine basic power streams that are universal and available in every person’s life. The nine power streams outlined include the power stream of close relationship, initiative, artistic creativity, freedom, achievement, sociability, life experience, inner wisdom, humanitarian service will to power. Miller – Tiedeman met every objective in outlining in detail many of the aspects of New Careering and how it relates to the human elements of life. I highly recommend this book for anyone and everyone connecting with people for career, life, and inner growth as well as for career direction from a holistic or whole-life approach. Bearing of the Quantum Theory on Career Counselling The New Careering method, based on the principle of flow, much like nature, uses as its foundation ideas from a broad range of theories including Quantum physics. It is said that change need not occur linearly, but rather can be discontinuous – a â€Å"quantum leap.† In counselling, clients should be prepared for â€Å"quantum† shifts at times from the impact of even minor influences–like those at time produced from values clarification exercises. The quantum theory was asserting that the character of nature was essentially mental. The quantum theory was merely a tool for making predictions about experiences. The same line of thinking has led a serious attempt by to bring human conscious experience into the quantum mechanical description of nature (Bozarth, 1985). Decision-making Process Decision-making process is usually approach as an outcome of a long, continuous cognitive processes that may result to the selection of a course(s) of action among several alternatives. This process leads to a final choice, action or an opinion, among the alternatives (Reason, 1990). The decision-making process is integrated in the interaction with the environment (Kahneman, 2000). It is a problem solving process that is halted upon arrival to a sound solution to the problem. It can be rational or irrational. It can be based on explicit or tacit assumptions. My own style of decision-making could greatly influence the way I counsel. This is because my style of arriving at a decision and my way of resolving issues will be carried on how a client and I will arrive at a course of action(s) for the client’s case at hand. I might help a client who comes to me for help with making career-related decisions by drawing out various alternatives then at the end of it, allowing the client to choose the best option that the client thinks best fit. Issues Explored on the Client in the Vignette and the Envisioned Counselling Process 1. Identify the need for counselling In this vignette, it is evident that there is a need for focused, two-way communication with the client. There are several issues explored from the vignette on the client named Bridget, a thirty (30) years old senior college student who is raised from dairy farm in a small town in the New York State. According to Bridget, none of her siblings attended college. That is, after high school Bridget was eager to become financially independent and worked for a few years as a cashier at K-Mart near her hometown. Bridget eventually decided to major in biology in a college in Kansas. In that school, she got a 3.0 average. It was at this period when Bridget felt anxious about graduating and leaving her comfortable niche in school. That time, Bridget was not sure about what to do with her life. She also thought that the job market in both Kansas and nearby towns is rather limited. That time, Bridget’s former supervisor at K-Mart would be willing to give her a job as manager. However, Bridget felt that despite the pay check, getting that managerial job would be like she had never gone to college at all. 2.Prepare for counselling To prepare for counselling, select a suitable place. Schedule counselling in an environment that minimizes interruptions. This environment has to be free from distracting sights and sounds. Schedule the time. When possible, counsel a subordinate during the duty day. Counselling after duty hours may be rushed or perceived as unfavourable. The length of time required for counselling depends on the complexity of the issue. Generally a counselling session should last less than an hour. If you need more time, schedule a second session. Additionally, select a time free from competition with other activities and consider what has been planned after the counselling session. Important events can distract a subordinate from concentrating on the counselling. Notify the client well about the scheduled counselling in advance. For a counselling session to be a subordinate-centred, two-person effort, the subordinate must have time to prepare for it. The subordinate should know why, where, and when the counselling will take place. Counselling following a specific event should happen as close to the event as possible. However, for performance or professional development counselling, subordinates may need a week or more to prepare or review specific products, such as support forms or counselling records Organize information. Solid preparation is essential to effective counselling. Review all pertinent information. This includes the purpose of the counselling, facts and observations about the subordinate, identification of possible problems, main points of discussion, and the development of a plan of action. Focus on specific and objective behaviors that the subordinate must maintain or improve as well as a plan of action with clear, obtainable goals. Outline the counselling session components. Using the information obtained, determine what to discuss during the counselling session. Note what prompted the counselling, what you aim to achieve, and what your role as a counsellor is. Identify possible comments or questions to help you keep the counselling session subordinate-centred and help the subordinate progress through its stages. Although you never know what a subordinate will say or do during counselling, a written outline helps organize the session and enhances the chance of positive results. Plan the counselling strategy. The right atmosphere promotes two-way communication between a leader and subordinate. To establish a relaxed atmosphere, you may offer the subordinate a seat or a cup of coffee. You may want to sit in a chair facing the subordinate since a desk can act as a barrier. Some situations make an informal atmosphere inappropriate. For example, during counselling to correct substandard performance, you may direct the subordinate to remain standing while you remain seated behind a desk. This formal atmosphere, normally used to give specific guidance, reinforces the leader’s rank, position in the chain of command, and authority. Establish the right atmosphere. The right atmosphere promotes two-way communication between a leader and subordinate. To establish a relaxed atmosphere, you may offer the subordinate a seat or a cup of coffee. You may want to sit in a chair facing the subordinate since a desk can act as a barrier. Some situations make an informal atmosphere inappropriate. For example, during counselling to correct substandard performance, you may direct the subordinate to remain standing while you remain seated behind a desk. This formal atmosphere, normally used to give specific guidance, reinforces the leader’s rank, position in the chain of command, and authority. 3. Conduct counselling During the conduct of counselling, opening the session should be in a manner that would make the client at ease with the activity. Her stories should be carefully listened to, giving particular attention to the details of her case. There is a need to observe Bridget’s behaviour and performance. The issues will be discussed one by one. Then Bridget’s case will be compared to the standard. Then develop the plan of action. After careful analysis, feedback(s) will be provided to Bridget in the form of counselling. Recording and closing the session should be done in order to deliver an efficient counselling work that entails exploration of Bridget’s case, understanding and resolving the issues. 4.  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Follow up After the implementation of the plan of action, the results have to be evaluated. During the evaluation, the plan of action has to be reviewed with the client to determine if the desired results were achieved. This evaluation session gives relevant data and information for future follow-up counselling activities. References Bozarth, J. D. (1985). Quantum theory and the person-centered approach. Journal of Counseling and Development. Special issue, 64(3),179-182. Kahneman, Daniel and Tversky, Amos. 2000. Choice, Values, Frames. The Cambridge University Press. Mahoney, Moira. 2007. Review: Learning, Practicing, and Living in the New Careering. Career Planning and Adult Development Network. Unite Media Group, Inc.   http://www.careertrainer.com/Request.jsp?nView=PrintArticle&Article=OID%3A52982. Miller – Tiedeman, Anna. Learning, Practicing, and Living the New Careering. Reason, James. 1990. Human Error. Ashgate..

Critical Review for a Research Article Based on Grammar Translation

INTRODUCTION For centuries, Strategies on teaching and learning second language has been formed and apply in the classroom. Based on that, many researches has been conducted to test these methods in teaching and learning process to examine whether it is efficient or just a waste of time. By reading through these researches, teacher has been given responsibility to choose which methods that can be adaptable to their own respective classroom and how it would help them with the lessons.Through this project, we have chosen a research articles that was conducted in China to find out how a specific teaching method will help in the teaching and learning process by examining the research articles written by Lingjie Jin, Michael Singh, and Liqun Li. Furthermore, we will identify the teaching methods that were used by them and it relevance to the teaching and learning process in China.The study sought to investigate whether the communicative approach could help students acquire their vocabular y while reading through communicative activities, and develop their ability of using language and arouse their interest in learning English. 1. 0 METHODS USED IN THE STUDY. 2. 1 The Grammar Translation Method This method is more focusing on memorization of verb paradigms, grammar rules and vocabulary. Application of this knowledge was directed on translation of literary texts which is focusing on developing students’ appreciation of the target language’s literature as well as teaching the language.Written and oral translation plays a prominent part in classroom work. This encourages the learners to think and translate into their first language. Classes were conducted in the  native language which is the first language. A chapter in a distinctive textbook of this method would begin with a massive bilingual vocabulary list. Grammar points would come directly from the texts and be presented contextually in the textbook, to be explained elaborately by the teacher. In thi s method, while teaching the textbook the teacher translates every word and phrase from English into the learners' first language.A number of methods and techniques have evolved for the teaching of English and also other foreign languages in the recent past, yet this method is still in use especially in Asian country such as China. It maintains the first language of the learner as the reference particularly in the process of learning the second/foreign languages. The main principles on which the grammar translation method is based are the following: 1. Translation interprets the words and phrases of the foreign languages in the best possible manner. 2.The  phraseology  and the  idioms  of the target language can best be assimilated in the process of interpretation. 3. The  structures  of the foreign languages are best learned when compared and contrast with those of first language. 2. 2 The Communicative Language Teaching Method Communicative has been developed by Britis h Applied linguists as a reaction away from grammar-based approaches. CLT also places great emphasis on helping students use the target language in a variety of contexts and places. It is a great emphasis on learning four language skills – listening, speaking, reading, writing.Its primary focus is on helping learners create meaning rather than helping them develop perfectly grammatical structures or acquire native-like pronunciation. This means that successfully learning the English language is assessed in terms of how well learners have developed their communicative competence, which can loosely be defined as their ability to apply knowledge of both formal and sociolinguistic aspects of a language with adequate proficiency to communicate. CLT is usually characterized as a broad approach to teaching, rather than as a teaching method with a clearly defined set of classroom practices.As such, it is most often defined as a list of general principles or features; 1) An emphasis o n learning to communicate through interaction in the target language. 2) The introduction of authentic texts into the learning situation. 3) The provision of opportunities for learners to focus, not only on language but also on the learning management process. 4) An enhancement of the learner’s own personal experiences as important contributing elements to classroom learning. 5) An attempt to link classroom language learning with language activities outside the classroom. 2. BACKGROUND OF CLT AND GRAMMAR-TRANSLATION METHODS IN CHINA The main purpose of CLT is to develop learners’ communicative competence. Communication is important in order to follow with the development of economy. When communicative language teaching (CLT) was introduced in China at first, it met with considerable resistance (Li, 2003; Zhu, 2003; Hu, 2002). Its pioneers changed the traditional grammar-translation method into a student-centred communicative approach. It is become unusual in learning f or the students because they need to communicate in class rather than hearing the teacher explanation.English language teaching in China was established by divergent stories and not a single narrative. According to Rao (2002), in learning the English language, the Chinese learners are more focusing on reading and writing; grammar and translation; memorization of vocabulary. However, the traditional grammar-translation method failed to make them improve in their communicative skill. In order to catch up with the development of economy and promote exchange, students’ communicative competence even their overall ability in language need to be improvedMost of the ELT teachers who had adopted CLT method grew less confident of it. This is because of their qualification and the National Testing System. At the end of 1990s’, a person named Zhu has summarized with an increasing series of CLT text books that were published. CLT started to be accepted and teachers were encouraged to teach communicatively and interactively in classes. Students were unable to communicate effectively in foreign language and they were dissatisfied with their communicative competence skills.Although CLT was introduced into the Chinese EFL classes in the early 1980s, the traditional grammar method is still employed in most classes. Before 2000, college English text books were used in most universities for more than 10 years designed for traditional methods such as grammar translation method. The students were being used to passive and obedient to teachers, waiting patiently and quietly what teachers give them. An experiment project was conducted about college English teaching with communicative approach and a new series of textbooks.The purpose was to find out the results of applying and assess of effectiveness of the communicative approach in English reading classes. 3. 0 PROCEDURES OF THE STUDY An experiment project was conducted about college English teaching in Automobile Coll ege of Jilin University. The study began on September 2002. 8 non-English major classes were chosen at random. 4 classes will use CLT method in the teaching and learning process (Group C) and another 4 classes will used grammar-translation method (Group T). It lasted for 2 semesters with 116 participants on Group C and 118 on Group T.Jin, Singh, and Li prepared a Pre-treatment questionnaire asked about the students’ perception of the discourse structures and reading strategies at the beginning of the semester. 116 students received the questionnaire and returned them. Then, they were told about learner-centred approach, learner autonomy, the roles of themselves and teachers in class. To conduct the study on communicative approach, three steps were taken, which is a warm-up activities, reading activities, and follow up activities. 3. 1 Warm up activitiesStudents were required to do a group discussion, pair work and individual presentation to familiarise the topic that they wer e going to read. The need of such thing is to make sure that everyone will take part in the activities. Teachers will sometimes have to join in as a partner. The students’ interest in English learning was encouraged in such a dynamic and active atmosphere. 3. 2 Reading activities In order to make sure that students understood the global structure and was aware of the main idea in the material they were reading, teacher and students analysed the characteristics of different discourse structures together in class.Predictive and jigsaw reading activity were organised to improve students’ clarity of the discussion. 3. 2. 1 Predictive Reading Activity The activities was suitable for narrative passages which were divided into parts for one group, then another to read one in limited time, then they also were asked to work in small group and had to offer their own prediction and share with the whole of the class. After that they went on to read and test their different expecta tions. Whoever share the same ideas with the author would be very excited, others with different prediction were amused, too. . 2. 2 Jigsaw Reading Activity Teacher divided the selected material into sections and divided students into group; with limited time given, they were asked to read only one paragraph for each group to find a main idea and prediction for the next and before the paragraph. When they come into problems, they will try to solve it discussing issues with their peers. There are two procedures for this activity: A- First, one student from each group made a report on their findings and other students will have to listen attentively to take note.After all the reports, students have collected all the main content from all groups then in their group, decide the order of the paragraph. At the end of the activities, the whole class will agreed on the logical sequences. B- Secondly, students were divided into different groups, with each member coming from a different group . Each student in the new group brought their materials and all of them organised the passage according to the most logical order. 3. 3 Follow up Activities By the end of the activity, teacher asked questions about the passage to acquire the feedback from the students.All the activities were arranged for all students in the class to participate actively in the interactions and eventually improved their overall English language ability. 4. 0 OUTCOMES The study done by Lingjie Jin, Michael Singh, and Liquin Li has achieved the following result which is the comparison on test result, time taken by the teacher in class, and feedback between Group C and Group T which practiced the Communicative Language Teaching and Grammar-Translation methods in class for two semesters respectively. 4. 1 Test ResultStudents were required to take a test paper to check their skills on reading (R40), listening (L15) and vocabulary and structures (L15). The numbers being allocated to it are the fullest mark s. Test papers were exactly the same in listening and reading. The part of vocabulary and structures were all from their respective textbooks. TEST/GROUP| GROUP C| GROUP T| R40| 30. 18| 29. 56| L15| 10. 58| 8. 54| V15| 9. 09| 8. 22| Table 1 : Test result for Group C and Group T Judging from the result of the test, students in Group C did better than those in T-group in all aspects.They were especially superior in listening, and slightly better in vocabulary. This does seems that a communicative approach can improve students’ performance in examination and does not undermine their capacity to succeed in tests. 4. 2 Tape Result The process of teaching and learning of the groups were recorded in audio and checked to see the differences between the two classroom management with grammar-translation and communicative approaches. In the GT classes, the teachers’ lectures took about 91% of the time in class.On the other hand, 64% of the time was spent in student-centred activi ties which ultimately give chances for all students in the classroom to speak English. 4. 3 Feedback Comments on the training program were obtained for a group of college students just graduated from high-school. 29 people out of 30 showed a favourable attitude and acknowledged their progress in all of listening, speaking, reading and writing skills during the three-month training. From the 116 students, 85% of them said they liked the CLT methods better.Students in Grammar-Translation group just sat there nodding mechanically with no chance to speak language. They commented that the teachers were training them to be like robot because they just accepted what the teachers gave them. At the end of the first semester, three university supervisors observed the class with CLT methods and confirmed the active, motivating atmosphere and the positive, effective functions of it. 5. 0 CHINESE STUDENTS’ PERCEPTIONS ON THE TEACHING METHODS. Another research study has been conducted by Z .Rao (2002) to investigate Chinese students’ perceptions of communicative and non-communicative activities and their difficulties in EFL classes that used CLT method. The instruments include a questionnaire and semi-structured interviews. 30 Chinese English-major college students were chosen at random from those who exposed to CLT for completing a survey. 15 of them were sophomores, 15 were juniors, with 21 females and 9 males, ranging in age from 18 to 23. The questionnaire consisted of three parts. Part A was about the students’ background, English proficiency and their opinions of communicative and non-communicative activities.Part B composed of 19 items asking about communicative and non-communicative activities. Part C invited students to explain their difficulties in communicative activities in class. 5. 1 Research results. The data was examined after it was collected and analysed inductively. The survey results showed that the students preferred non-communicativ e activities, compared with communicative ones although they liked a variety of class activities. Almost all students preferred teachers’ grammatical explanations in English mother-tongue-avoidance strategy in class.Sometimes the lack of authentic English context and confidence in themselves prevent them from participating in communicative activities. Some dynamic, creative activities were welcomed by good English learners. All students thought it helpful for teachers to direct class discussions, and they were they were interested in authentic English materials, e. g. newspaper or magazine articles. All students were interested in CLT methods in class, twenty-two of whom liked non-communicative activities better, and eight preferred communicative activities.All of them thought the combination of communicative and non-communicative activities was better. Because of most examinations were grammar-based, and many students’ motivations for learning of English was career-or ientated. They didn’t attach importance to communicative activities although they were interested in them. And 25 of 30 students thought they were used to the traditional grammar-translation method which was teacher-centred, textbook-driven and emphasized rote memory. They consider their teachers were authority and reluctant to challenge them. CONCLUSIONAfter a deep look into the research articles conducted by three capable and professional professor of English Education, we realise that most classes in China uses Grammar-translation method on their teaching and learning process instead of the more modern approach on language teaching such as CLT. It is by no means an expired approach because students in China still preferred to use the method and claim it sufficient in learning English language. The paper done by Li, Jin, and Singh has explored the CLT method to college English and compared them with traditional method of grammar-translation.Li (2003) summarises that judging from the feedback from the students and the results of examinations, communicative approach was advantageous and favourable, it aroused their interest in English language and developing their learner autonomy. Although the study shown that CLT method is much more efficient with a higher result on English language skills (listening, speaking, writing, and reading), Rao (2002) has conducted one research on students’ own perceptions instead of looking at the end result of students’ proficiency in English language which resulted in favour of the more traditional method of grammar-translation.According to Rao (2002), teacher may help their students understand the nature of the language, the features of CLT, the function of the class, the role of student and the teacher. They could create environment for students to practise the language which give them some insights into real-life situation. Adding to that, teachers could be facilitators that help students to access authen tic English language materials. It will offer students knowledge into other nations, peoples, ultures, and everything significant. Thus it has come to our understanding that even though both methods might be applicable to English language classes depending on the variable of the students’ conception and environment, teachers could be the initiators that encourage students to accept the other modern methods and be the one who clear away misconceptions that might be used to hinder the teaching and learning process in classroom.REFERENCES 1- Lingjie Jin, Michael Singh, Liqun Li; Communicative Language Teaching in China: Misconceptions, Applications and Perceptions. (2005) Australian Association for Research in Education. 2- Rao, Z. (2002), Chinese Students’ Perceptions of Communicative and Non-Communicative Activities in EFL Classroom. System 30, pp. 85-105. 3- Xiao Qing Liao; How Communicative Language Teaching Became Acceptable in Secondary Schools in China.The Internet TESL Journal, Vol. VI, No. 10, October 2000; http://iteslj. org/. 4- Rao Zhenhui; Foreign Languages College, Jiangxi Normal College, China. Modern vs. Traditional. Taken 10 October 2012 from http://eca. state. gov/forum/vols/vol37/no3/p27. htm. 5- Rhalmi Mohammed I’m Rhalmi Mohammed; articles on Grammar Translation Method (April 2009) and Communicative Language Teaching (Sep 2009) taken on October 2012 from http://myenglishpages. com.

Power of Ambition in Macbeth Essay Example

Power of Ambition in Macbeth Essay Example Power of Ambition in Macbeth Paper Power of Ambition in Macbeth Paper Essay Topic: We Real Cool The Power of Macbeth Ambitio Essay The Power of Macbeth Ambition is often the driving force in one’s life. It is supposed to be the motivating factor that drives one towards success. Society also deems ambition a necessary quality of their leader. It can be said that Macbeth exhibits this quality. He is the strong, valiant warrior who has won in battle and brought victory to Scotland. However, Macbeth’s quest to acquire more power his ambition ultimately leads to his downfall. How can one allow himself to be destroyed by such a thing? Before Duncan’s murder, Macbeth questions and second guesses his ambitious tendencies and actions. Despite his anxiety, he succumbs to these tendencies and finds himself in more trouble than he anticipated. His guilty conscience haunts him and his unforgiving deeds come back to trouble him. Macbeths’ actions are clearly motivated by his overpowering ambition and his unquenchable thirst for power; at the beginning of the play his ambition is channelled into positive deeds, but ultimately it results in his tragic demise. There is no doubt that Macbeth is a noble man. He risked everything he had to protect Scotland from Norway, and single-handedly took down the treacherous Thane of Cawdor: â€Å"Till that Bellona’s bridegroom, lapped in proof, / Confronted him with self-comparisons, / Point against point, rebellious arm ‘gainst arm, / Curbing his lavish spirit: and, to conclude, / The victory fell on us† (I, ii, ll 61-65). Macbeth is seen as a brave and noble man by all of his peers, and even King Duncan himself. At the beginning of the play, Macbeths’ ambition was for a greater good because he was fighting for his King and country, not his own well-fare. This is why Duncan proclaims, â€Å"What he hath lost, noble Macbeth hath won† (I, ii, l 67). By this, he is referring to the fact that he named Macbeth to be Thane of Cawdor because of his astonishing bravery in battle and unfailing loyalty. One would think that after such an accomplishment and position of high standing that Macbeth would be satisfied. This, however, is not the case. Macbeth’s ambition does not just drive him to do great things, it in fact controls him: â€Å"I have no spur / To prick the sides of my intent, but only / Vaulting ambition, which overleaps itself / And falls on the other† (I, vii, ll 25-28). It is obvious that Macbeth has ambition, as most people who are in power do. In fact, ambition is often a necessary quality of people in such high standing as Macbeth. However, he also clearly realizes that his ambition is too great and it is about to make him do something that he knows is wrong. It is against for which everything he has supposedly stood, yet he also knows there is nothing he can do to stop it. Macbeth does, however, try to refrain from murdering Duncan; he second guesses his intent to go through with the crime before committing it: â€Å"We will proceed no further in this business. He hath honoured me of late, and I have bought / Golden opinions from all sorts of people† (I, vii, ll 33-35). He realizes that maybe he is just better off in the position he is in right now. Maybe he should wait and acquire his higher standing in a noble way or he might not have to do anything and fate will grant him the throne without his interference. However, Lady Macbeth goads him into committing the murder anyway by questioning his manhood: â€Å"When you durst do it, then you were a man, / And, to be more than what you were, you would / Be so much more the man. Nor time nor place / Did then adhere, and yet you would make both. / They have made themselves, and that their fitness now / Does unmake you† (I, vii, ll 54-59). After the murder, one can see a clear shift in Macbeth. To drown his shameful acts of unforgivable treachery, Macbeth takes the path of dishonesty and fabricated deception. It is as if his killing of one man opened the flood gates for a litany of other murders he felt he needed to commit; his ordering the murders of Banquo and his son Fleance, who were once dear to him, and those of Lady Macduff and her son. It is as if his ambition is blinding him of his wrong-doings. One can look at Macbeth’s actions after his murder of Duncan and see that he is clearly headed on a path leading to tragedy, originated from one source: his ambition. Furthermore, it is fair to say that Macbeth’s actions in the latter parts of the play stem from a sort of madness that has consumed him. It is a madness that has grown from guilt over killing Duncan, to paranoia of getting caught, and most importantly, a constant need to protect what he has wrongfully acquired: the throne. Macbeth’s actions are a result of his ambition to gain power and then maintain it by doing whatever he deems necessary. His actions are unmistakably driven by the fact that he wants to keep his place on the throne at any cost and eliminate all threats to him: â€Å"To crown my thoughts with acts, be it thought and done! / The castle of Macduff I will surprise, / Seize upon Fife, give to the edge of the sword / His wife, his babes, and all unfortunate souls / That trace him in his line. No boasting like a fool! / This deed I’ll do before this purpose cool† (IV, i, ll 165-170). Instead of being remorseful over his actions, he is much more worried that he himself will be retaliated against because of his dishonest deeds. This is obviously not the thought process of a noble mind, which clearly indicates that due to his consuming ambition Macbeth has lost, to some extent, his sanity. Thus, through his actions alone, one can evidently see that Macbeth is headed on a path towards disaster; a path started, and forcefully driven, by his ambition. His ambition drives him to kill Duncan so that he can acquire the throne. His ambition then drives him to order the murders of Banquo and Fleance, and also those of the innocent Lady Macduff and her son, so that he may remove any threats towards him. Through that process alone, one could say that Macbeth’s ambition is his downfall because these are the events that lead to his alienation from the rest of humanity. However, even more disastrous than the external consequences of his ambition are his internal consequences. Macbeth’s ambition is constantly putting him in a struggle between right and wrong. He finally loses this battle, and succumbs to the evil side of his ambition. Being the successful, proud, and noble warrior that he is, maybe this loss of what is good inside of him is truly the root of Macbeth’s insanity. One will never know, but it can be said that Macbeth’s ambition, whether through his actions or through his own internal aberration, did ultimately lead to his demise.

Identify Types of Fir Trees in America

Identify Types of Fir Trees in America True firs are in the genus Abies and there are between 45-55 species of these evergreen conifers worldwide. The trees are found through much of North and Central America, Europe, Asia, and North Africa, occurring in higher elevations and mountains over most of the range. The Douglas or Doug fir is also a fir tree but in the genus Pseudotsuga and is only native to western North American forests. All firs are in the pine family called Pinaceae. Firs can be distinguished from other members of the pine family by their needle-like leaves. Identification of the North American Firs Fir needles are typically short and mostly soft with blunt tips. The cones are cylindrical and upright and the shape of a fir is very narrow with rigid, upright, or horizontal branching as opposed to drooping branches on some spruce trees. Unlike a spruce tree, fir needles are attached to twigs mostly in an arrangement that is in two rows. The needles grow outward and curving up from the twig and form a flattish spray. There is also a distinct lack of needles on the bottom side of its twig, unlike spruces that carry needles in a whirl all around the twig. In true firs, the base of each needle is attached to a twig by something that looks like a suction cup. That attachment is much different than spruce needles that are attached with a peg-like petiole. The cones of fir trees are very different when comparing Abies to Pseudotsuga.  The true fir cones are rarely seen up close as they grow toward the top of the tree. They are an elongated oval, disintegrate on the limb (almost never dropping to the ground intact), perch upright, and often ooze resin. Douglas fir cones stay intact and are generally abundant in and under the tree. This unique cone has a three-pointed bract (snake tongue) between each scale. The Common North American Firs Balsam firPacific silver firCalifornia red firNoble fir Christmas tree farm. CaseyHillPhoto / Getty Images Grand firWhite firFraser firDouglas fir More on the True Firs The balsam fir is North Americas northern-most fir, with an extensive range in Canada, and primarily grows in the northeastern United States. Western firs are the Pacific silver fir, California red fir, Noble fir, grand fir, and white fir. Fraser fir is rare in its natural Appalachian range but extensively planted and grown for Christmas trees. Firs have absolutely no insect or decay resistance when exposed to the outside environment. Therefore, the wood is generally recommended for indoor housing use for sheltered support framing and in furniture for cheaper structural construction. So, the wood of most firs is considered unsuitable for general timber and lumber use and is often used as pulp or for the manufacture of interior plywood support and rough timber. This wood left outside cannot be expected to last more than 12 to 18 months, depending on the type of climate it is exposed to. It is commonly referred to by several different names in the timber trade including North American timber, SPF (spruce, pine, fir), and whitewood. Noble fir, Fraser fir, and Balsam fir are very popular Christmas trees, generally considered to be the best trees for this purpose, with aromatic foliage that does not shed many needles on drying out. Many are also very decorative garden trees.

What Black Hollywood Says About the Oscars

What Black Hollywood Says About the Oscars The Academy Awards is one of the biggest nights of the year in Hollywood, but something is often lacking: diversity. The nominees are often dominated by white actors and directors and this did not go unnoticed in minority communities. In 2016, many African Americans chose to boycott the ceremony and, because of that, the Academy has made vowed to make changes. What spurred this movement and what did black actors have to say about it? More importantly, have there been any modifications to the voting process since then? The Oscars Boycott Actress Jada Pinkett Smith called for a boycott of the 2016 Oscars on January 16 because each of the 20 nominations in the acting categories went to white actors. It marked the second year in a row that no people of color received Oscar acting nods, and the hashtag #OscarsSoWhite trended on Twitter. Supporters of actors like Idris Elba and Michael B. Jordan felt particularly slighted that these men weren’t honored for their performances in â€Å"Beasts of No Nation† and â€Å"Creed,† respectively. Film fans also argued that directors of both films- men of color- deserved nods. The former film’s director, Cary Fukunaga, is half-Japanese, while the latter film’s director, Ryan Coogler, is African American. As she called for an Oscars boycott, Pinkett Smith said, â€Å"At the Oscars†¦people of color are always welcomed to give out awards†¦even entertain.  But we are rarely recognized for our artistic accomplishments. Should people of color refrain from participating altogether?† She wasn’t the only African American actor to feel this way. Other entertainers, including her husband, Will Smith, joined her in the boycott. Some also pointed out that the film industry generally needs a diversity overhaul. Here’s what black Hollywood had to say about the Oscars’ race problem. The Oscars Aren’t the Problem Viola Davis has never been one to hold back when discussing social issues such as race, class,  and gender. She spoke about the lack of opportunities for actors of color when she made history in 2015 by becoming the first African American to win an Emmy for best actress in a drama. Asked about the lack of diversity among the 2016 Oscar nominees, Davis said the issue went beyond the Academy Awards. â€Å"The problem is not with the Oscars, the problem is with the Hollywood movie-making system,† Davis said. â€Å"How many black films are being produced every year? How are they being distributed? The films that are being made- are the big-time producers thinking outside of the box in terms of how to cast the role? Can you cast a black woman in that role? Can you cast a black man in that role? †¦You can change the Academy, but if there are no black films being produced, what is there to vote for?† Boycott Films That Don’t Represent You Much like Davis, Whoopi Goldberg blamed the all-white 2016 Oscar nominees in acting on the film industry rather than the Academy. â€Å"The issue is not the Academy,† remarked Goldberg on ABC’s â€Å"The View,† which she co-hosts. â€Å"Even if you fill the Academy with black and Latino and Asian members, if there’s no one on the screen to vote for, you’re not going to get the outcome that you want.† Goldberg, who won an Oscar in 1991, said that for actors of color to land more prominent roles in films, directors and producers must be diversity-minded. They must recognize that films with no cast members of color miss the mark. â€Å"You wanna boycott something?† she asked viewers. â€Å"Don’t go see the movies that don’t have your representation. That’s the boycott you want.† Not About Me Will Smith acknowledged that the fact he didn’t earn a nomination for his role in â€Å"Concussion† might have contributed to his wife’s decision to boycott the Oscars. But the twice-nominated actor insisted that this was far from the only reason Pinkett Smith chose to boycott. â€Å"Had I been nominated and no other people of color were, she would have made the video anyway,† Smith told ABC News. â€Å"We’d still be here having this conversation. This is so deeply not about me. This is about children that are going to sit down and they’re going to watch this show and they’re not going to see themselves represented.† Smith said that it feels like the Oscars are heading in â€Å"the wrong direction,† as the Academy is overwhelmingly white and male and, thus, doesn’t reflect the country. â€Å"We make movies, it’s not that serious, except that it plants seeds for dreams,† Smith said. â€Å"There’s a disharmony that is brewing in our country and in our industry that I want no part to that. †¦Ã¢â‚¬â€¹Ã¢â‚¬â€¹ Listen, we need a seat in the room; we don’t have a seat in the room, and that’s what is most important.† Its also interesting to note that Smith has received two Oscar nominations in his career. One was for Ali (2001) and the other for The Pursuit of Happyness (2006). Will Smith has never won an Oscar. Academy Not the Real Battle Filmmaker and actor Spike Lee announced on Instagram that he would sit out the Oscars, despite winning an honorary Oscar in 2015. â€Å"How is it possible for the second consecutive year all 20 contenders under the actor category are white? And let’s not even get into the other branches. Forty white actors and no flava [sic] at all. We can’t act?! WTF!!† Lee then cited the words of the Rev. Martin Luther King Jr.: â€Å"There comes a time when one must take a position that is neither safe, nor politic, nor popular, but he must take it because conscience tells him it’s right.† But like Davis and Goldberg, Lee said that the Oscars weren’t the source of the real battle. That battle is â€Å"in the executive office of the Hollywood studios and TV and cable networks,† he said. â€Å"This is where the gatekeepers decide what gets made and what gets jettisoned to ‘turnaround’ or scrap heap. People, the truth is we ain’t in those rooms and until minorities are, the Oscar nominees will remain lily white.† A Simple Comparison Chris Rock, the host of the 2016 Oscars, gave a succinct but telling response about the diversity controversy. After the nominations were released, Rock took to Twitter to say, â€Å"The #Oscars. The White BET Awards.† The After Effects Following the backlash in 2016, the Academy did make changes and the 2017 Oscar nominees did include people of color. They have taken steps to add diversity to their Board of Governors and vowed to include more women and minorities among its voting members 2020. Moonlight, with its African American cast took home  the honor of best picture in 2017 and actor Mahershala Ali won best supporting actor. He was also the first Muslim actor to ever win an Oscar. Viola Davis took best supporting actress for her role in Fences and Troy Maxson was nominated in the lead role for the same movie. For the 2018 Oscars, the biggest news was that Jordan Peele received a best director nomination for Get Out. He is only the fifth African-American in Academy history to receive this honor. Overall, it seems that the Academy heard the passionate voices and has made steps toward progress. Whether or not we will see another #OscarsSoWhite trend, only time will tell. There is also a conversation about expanding the diversity beyond African Americans and hopes that more Latinos, Muslims, and actors of other minorities can be well-represented as well. As the stars have noted, Hollywood needs to change as well. The 2018 release of Black Panther and its predominantly African American cast, was quite the buzz. Many people have said that its more than a movie, its a movement.

Non Profit Reflection Essay Example | Topics and Well Written Essays - 750 words

Non Profit Reflection - Essay Example The larger organizations are required to present published financial reports showing their income and expenditure in details for the public. Bearing in mind that the non profit organization have workers like board members, committee members and others who ensure there operations, it raises eyebrows on their pay. Some may be volunteers but it has been noted that non profit organization are among well paying jobs. These organizations are funded by donations, grants, from public and other organizations hence drawing down a suitable financial plan is very important. Otherwise the non profit organization could free their activities in jeopardy. The non profit organizations have played a great role in the society in offering very important services. Some of the notable are the Mozilla firefox and American Heart Association among others. Mozilla firefox provides free internet services with close to 20% of internet users who access their services absolutely free, surfing and downloading information. The mozilla firefox management relies on donations to get money for maintaining their systems and protecting users from computer crimes that include harking. Firewall has established security features that help protect user as they are browsing. Another means of assisting the management of Mozilla firefox is that, users (meaning us) distribute the browser, update it and maintain it free of charge, having no experience in this field, is give my full support through donations. Being a frequent user of the internet, I find it necessary to fund the program that help me find important information about dignitaries and other issues I ma y be looking up. Another group of donors who made an impact on the American heart association are; Lockhead Martin Range Rover, and Northrup Grumman. Another style that has been used to help fund non profit organization is through some food retailers who place a certain fraction on the price that goes to organizations like American heart Association. These food retailers have a direct influence on our lives and the mange to obtain our money to assist others who are in need. The American heart Association offers free medical services to people with cardio vascular problems to reduce chances of death and possible disabilities like stroke. Alternatively we may offer support by doing some of the things that have been almost forgotten for example participating in marathon run to raise money for heart foundation or jumping a rope. Such activities usually turn out to be very useful for example the Multiple sclerosis bike ride I did some times back. Many family members, friends, and colleagues were very much corporative and raised a lot of funds. Why Fund Non Profit Organizations I have always wondered why it was expensive to visit a game park or National forest for instance. Giving it a second thought, one realizes that there is a lot of manpower involved in maintaining and landscaping the area, these services need to be paid for. I have leant a lot of things and feel that it's sensible to finance. This also applies to other areas like the zoo as the animals need medical attention, food and housing. Some of the non profit

Australian Indigenous Education in Modern Life Essay

Australian Indigenous Education in Modern Life - Essay Example There was also much concern over high unemployment rates in some ethnic communities, largely a result of economic recession and the decline of the manufacturing sector, which had previously provided a substantial portion of migrant jobs (Castles et al., 1986; O'Loughlin and Watson, 1997; VEAC, 1983, 1984). Since the late 1980s, discussions about the apparent success of professional and business migrants have supplanted the discourse of migrant disadvantage. As a result of the Federal government's increasing emphasis on credentials and skills in the migration programme, migrants' human capital endowments have increased, apparently resulting in higher labour force participation rates and better employment outcomes. The government argues that migration is more economically efficient than ever before, with migrants adding to government coffers rather than becoming a drain on the public purse (Ruddock, 2003). Contemporary academic research on migrant employment experiences neatly undersco res governmental discourses on migration policy. It is dominated by studies presenting a 'success story' narrative of recent, mostly highly skilled, migrants achieving increasingly positive outcomes in the Australian labour market. These are generally economic, quantitative studies based on the Longitudinal Survey of Immigrants to Australia (LSIA) (Cobb-Clark, 2000, 2001; Cobb-Clark and Chapman, 1999; Richardson et al., 2001, 2002; VandenHeuvel and Wooden, 1999, 2000). The LSIA, commissioned by the Department of Immigration and Multicultural and Indigenous Affairs (DIMIA), surveyed migrants about their settlement experiences during their first years in Australia. LSIA1 targeted migrants entering Australia between September 1993 and August 1995, surveying them three times: six months (wave 1), 18 months (wave 2) and three and a half years (wave 3) after arrival. LSIA2 targeted migrants entering Australia between September 1999 and August 2000, surveying them twice: six months (wave 1 ) and 18 months (wave 2) after arrival (see DIMIA, 2002, for more information about the LSIA). Weighted data were used in the analyses for this article to offset the attrition rate in the sample over the three waves. These studies continue a dominant tradition within social science research on migration, namely an approach derived from human capital theory. Essentially an 'application of neo-classical economics to labour markets' (Wooden, 1994: 220), human capital theory has become the prevailing wisdom within academic and business circles for explaining the economic success of individuals, firms and nations. Human capital theory emerged in the 1970s in the writings of economists such as Mincer (1974) and Becker (1975) to explain differences in individual earnings. Income was treated as a function of workers' investment in marketable skills, particularly in the form of training. Individuals were seen as making rational choices about investments in education and training that would i ncrease their productivity and thereby deliver suitable returns to them once evaluated on the market (see Blaug, 1976: 830). Applied to immigrants, as Wooden (1994: 220) notes, the theory proposes that 'differences in pay, occupational status, probability of employment, and so forth, between immigrants and natives reflect differences in the average

Visual Arts Experimental Drawing - Research Project Paper

Visual Arts Experimental Drawing - Project - Research Paper Example Hopper first attended New York School of Art and Design, where he was shocked at the prospect of drawing live nudes. His choice of subjects was mostly boats and women, still life and natural landscapes. He was influenced by Manet and Degas and particularly loved Rembrandt’s use of light and dark shadows in Nightwatch, and the work of French engraver Charles Meryon. He hated illustrations but was forced by economic circumstances to work at a copywriting agency during his early professional life. After his father died he moved to and lived in his Washington Square apartment in New York’s Greenwich Village for the rest of his life (Kuh, 53). Hopper got his subject matter from both seascapes and landscapes and scenes in contemporary American life. His Girl at a Sewing Machine (1921) shows a girl at work on this machine, deeply involved as the sunlight comes into her room and lights it up. His work often depicts the solitude he felt in life. Hopper’s most celebrated p ainting is Nighthawks (1942) which is famous for its attention to detail, cinematic perspective and use of electric light set against the contrast of the night outside. It shows a group of people at a diner. Hopper’s Girlie Show (1941) is one of his more audacious pieces, where a red headed striptease is seen moving confidently across a stage as musicians play in the background (Barbara, 158). Works Cited Haskell, Barbara. Modern Life: Edward Hopper and His Time. Hamburg: Bucerius Kunst Forum, 2009. Print. Kuh, Katharine. Interview with Edward Hopper in Katherine Kuh, The Artist's Voice: Talks with Seventeen Artists. New York: Di Capo Press, 2000. Print. Levin, Gail. Edward Hopper: An Intimate Biography. New York: Knopf, 1995. Print. Lisa Milroy Born in Vancouver Canada in 1959, Lisa Milroy moved to London in 1979 and has been living and working there since then. She first studied at the Universite de Paris-Sorbonne in 1977–78 for a short while before moving on to Lond on’s St Martin's School of Art in 1978–79. She completed her art studies at the University of London, UK from 1979 to 1982. Lisa’s first solo art exhibition took place in 1984. She was also given the 1989 John Moore Painting Prize. Lisa currently teaches at the Slade School of Fine Art in London. As an artist, Lisa Milroy is famous for painting everyday items like vases, clothes and shoes in the form of collections. Milroy also paints objects in formations like in the shape of grids, lines, groups, rows and columns which she likes to create on plain backgrounds. Quite often Lisa’s arrangements of objects are influenced by their functional identity. For instance, stamps transform into islands for the eyes to travel between or wheels move forward at a dizzying visual pace. Handles (1989) won for Lisa the John Moores Award. This is a depiction of various handles of different types all spaced evenly through the work and can be viewed as a combination of lines dots and circles, assembled or spaced as in a catalog. The lack of color is intriguing and one cannot help wanting to pull on the handles to see if they work (Walker Art Gallery). Handles, 1989. Her painting Shoes (1985) shows a collection of shoes evenly spaced but in different configurations as to positions. Not one is repeated, they all

Business organisations Essay Example | Topics and Well Written Essays - 2000 words - 1

Business organisations - Essay Example Imitation Furs Ltd. has applied for insolvency and as such, its assets are subject to liquidation in order to cover the debts secured earlier. Additionally, during the course of liquidation, it is necessary to determine the validity of each creditor and how much each stands to gain from the sale of the company’s assets. This means that a core part of the task aims at segregating creditors on the basis of the secured or unsecured nature of the debt provided to the receiver by them (Philip R. Wood, 2007). In the wake of existence of unsecured creditors, the primary role of the receiver is to be obliged to take utmost care in selling charged assets at a price not less than the market value and in the absence of a reasonable market price to ensure that the sale price is at least reasonable. In the current scenario, both creditors have provided loans to Imitation Furs on the basis of a floating charge. The problem with a floating charge is the constantly changing nature of the underlying asset (the company stock in this case). However, it is theoretically feasible to determine a fixed price that can be agreed over the value of the assets with changing values. Thus, it would be desirable to determine if Imitation Furs had reached any such understanding with either of the creditors in question. It must also be emphasized here to determine and enlist the real assets and properties held by Imitation furs and to arrive at a value of these identified assets. The liquidator needs to be aware of the fact that properties that pass out of the ownership of Imitation Furs are not subject to the floating charge. Conversely, if there is evidence that Imitation Furs had during the course of the loan period, acquired any additional assets, then such acquisitions can automatically be co nsidered within the floating charge (Stephen Judge, 2008). Imitation Furs, with a debt under a floating charge can continue

Uganda Essay Example | Topics and Well Written Essays - 2000 words

Uganda - Essay Example The Resident District Commissioner monitors and inspects Government services and may sensitize the populace on government policies and programs; advise the District Chairperson on matters of national nature that may affect the district; draw the attention of the Auditor General to the need for special investigation audits etc. The local government system is based on the district as a unit under which there are lower local governments and administrative units. Local government councils in a district are the District or City Council, the Municipal Council, the City Division Council, the Municipal Division Council, the Sub-County Council, the Town Council. The administrative unit councils in a district are the County Council, the Parish or Ward Council and the Village Council. Indigenous Communities are distinct tribal groups indigenous to a particular area. In Uganda there are Sixty-five indigenous communities in Uganda. These are the Acholi, Aliba, Alur, Aringa, Baamba, Babukusu, Babwisi, Bafumbira, Baganda, Bagisu, Bagungu, Bagwe, Bagwere, Bahehe, Bahororo, Bakenyi, Bakiga, Bakonzo, Banyabindi, Banyabutumbi, Banyankore, Banyara, Banyaruguru, Banyarwanda, Banyole, Banyoro, Baruli, Barundi, Basamia, Basoga, Basongora, Batagwenda, Batoro, Batuku, Batwa, Chope, Dodoth, Ethur, Gimara, Ik (Teuso), Iteso, Jie, Jonam, Jophadhola, Kakwa, Karimojong, Kebu (Okebu), Kuku, Kumam, Langi, Lendu, Lugbara, Madi, Mening, Mvuba, Napore, Ngikutio, Nubi, Nyangia, Pokot, Reli, Sabiny, Shana, So (Tepeth) and Vonoma. (The Constitution of Uganda – Schedule 3) There are diverse ethnic groups in Uganda who are mainly Bantus and Nilotes. The nilotes include the Lango and the Acholi, Iteso, and Karamojong who occupy the Eastern and the Northern part of the country. Lake Kyoga forms the northern boundary for the Bantu speaking peoples. The main Bantu speaking communities are the Baganda, Ankole, Toro, Banyoro, Basoga and the Gishu among