Wednesday, October 30, 2019

Week9 dq Essay Example | Topics and Well Written Essays - 750 words

Week9 dq - Essay Example Sustainability is an important idea as it suggests a long lasting effect upon the structure which seeks it. Sustainability presents an on-going benefit for the organization and its processes. Using sustainable methods the organization is able to reach many of its goals. Business behaviour which is responsible is said to be beneficial to organizational members as well as stakeholders, some of whom could also hold shares, as well as those in wider society whose benefits could be rather indirect. But how and why does this sustainability actually result in benefits? Cortez (2011) considered social equity as a way to ensure profits together with benefits for society. These might not be directly financial. He looked at the possibility of a relationship between environmental improvements and good financial results for an organization. Cortez (2011) studied leading companies in Japan. This led lead to another question about the pressure from government and what actually goes on as a result. Cortez (2011) cited paper studies by Deloitte Touche Tohmatsu about the Japanese car industry. There seemed to be real concern for the environment, but also a relatively low measure of actual success. On the other hand the Cortez (2011) paper included references to Japanese industrial companies with more positive results, as well as high degrees of client satisfaction with regard to the environment and its protection or improvement because of innovations carried out. Consumers do care about the ways in companies perform in relationship with the environment, and look at the costs involved , that is how much is a company spending upon environmental responsibilities. There are however a number of other features associated with costs to society. These can be difficult to describe exactly. A new factory for instance may mean improvements

Monday, October 28, 2019

Dear People of the World Essay Example for Free

Dear People of the World Essay This letter should be read by someone thirty years from now, in the year 2014. It is currently 1984, I am a citizen of Oceania a place run by Big Brother and his people. We are treated like zoo animals, everything is controlled. I hope that you are reading this in a free world, a world where there is no Big Brother or Thought Police, a world where newspeak is considered old speak, a world where a tele screen is something that is used for entertainment and not surveillance, a world where you can say what you want and not what you must, a world where the only thoughtcrime is keeping your thoughts bottled up like we have to do. This world has been artificially created for us and we cant stand it anymore, something needs to be done; but we are constantly being watched from above and controlled we cant do anything about it. I often dream about a world where people can say what they want, where everything is green and nobody is prisoner of this lie anymore, I hope that your world is like that. Right now I am in danger, I could be being watched right now and it would be just a matter of time until the thought police come, kick the door down and take me. In this world you cant say anything without being questioned or accused of thought crime, I have lost many friends just because they said what they thought. They tell us that â€Å"WAR IS PEACE, FREEDOM IS SLAVERY, IGNORANCE IS STRENGTH† here we dont have peace, we have everything but peace. We are not free we are slaves of a system that does not work. Ignorance will never be strength, ignorant people are weak they believe everything that they are told. Thats why I say that â€Å"WAR IS WAR, FREEDOM IS FREEDOM, IGNORANCE IS IGNORANCE† There is just a small group of people that think like I do, there is just a small group of people that have knowledge of the truth. But this group is getting smaller and smaller and there is nothing we can do about it because we are all bering heard and we are all being watched. I believe that the future wont be like this anymore, it will be free, people will be able to go where they want when they want, they wont need to report every morning and every night, they will eat where they want to eat and love who they want to love. I know I am not the only one that is trying to change this world, letters like this will be found by many different people, because they need to know about their past. If the world where you live in is the same as mine it means that it still too early, leave this letter and carry on, because someday this will end.

Saturday, October 26, 2019

Scarface :: essays research papers

The topic of my presentation is why everyone should watch the movie scarface, and if you have already seen it to watch it again, This movie was directed by Brian De Palma,and written by Oliver Stone (produced-alexander, produced joy luck club) "Scareface"came out in 1983, and feature's Al Pacino as Tony Montana, Michelle Phifer as Elvira, and Steven Bauer as Manny Ray, The story is about a Cuban refugee who makes his way over to Miami,Florida Tony starts out as a dishwasher and hitman, who proceeds to enter into a life of cocaine dealing and organized crime. He then become one of the biggest drug dealers in Florida. The story has a rags to riches theme and is known for graphic violence. This is an action/drama with many indepth plot twists and an incredulous amount of profanity. The movie mostly portrays Scarface in thrid person view, which means the audience learns about the charactor Scarface through his actions and behaviors. The film is not only at great movie, but a cultural icon to some people. Scarface had a tremendous impact on the genre of rap music, and has inspired many rappers and producers to create songs. The premise of this film was actually adapted from the novel "scareface"by Armitage Trail. A Previse movie entitled, "Scareface, the Shame of the Nation" was made in 1932 ,directed by howard hawks and produced by Howard Hughes, which depicts gang-warfare, polictical coruption, and police un-involvment. The main charactor "Tony" was based loosely upon the real ganstar Al Capone, who actually loved the movie. I have seen both movie's and The 1983 "scarface" packs such a influencal punch of knowledge through the actions and life of Pacino as Tony Mantana. This film is known for having interesting quotes; Some notable quotes are= "Say hello to my little friend." "All I have in this world is my balls and my word and I don't break them for no one.

Thursday, October 24, 2019

Thomas Aquinas’ Account of the Various Dimensions of Prophecy

The Summa Theologica, one of the principal works of St. Thomas Aquinas, has created remarkable impacts not only in his time but also up to the present generation. A writing that is, according to him, a compilation of Christian doctrine as a manual for his students, the Summa Theologica is actually a complete, systematically arranged exposition regarding theology and Christian philosophy. It consists of questions, articles, and arguments discussing different concepts related to theology (Aquinas,154).One of the most famous and controversial topics included in the Summa Theologica is the various dimensions of prophecy of the philosopher and theologian: prophecy of foreknowledge, prophecy of denunciation, and prophecy of predestination. The first mentioned dimension of prophecy pertains to the revelations of God regarding the events in the future that depend primarily on man's freewill. The samples given by Aquinas have something in relation to life and death, wars and dynasty, and the likes.Therefore, in fulfilling the prophecy of foreknowledge, one's free choice is the major influential factor. In contrast to the first prophecy, the prophecy of predestination deals with what God has revealed that He alone can do, has believed is present for eternity, and what is in His absolute decree. Therefore, a man's free choice is not a contributing attribute in this dimension of prophecy. Lastly, the prophecy of denunciation talks about the event that may and will happen through God's revelation of the future which can be hindered by miraculous deeds.Thus, it is regarded as a â€Å"conditional promise† which is mainly dependent upon other factors that will or may prevent it from happening (Aquinas,154). Aquinas also believed that other than knowledge, revelation is a necessary requirement for salvation. Through this, man can know the supernatural end that actually affects his acts. More importantly, without revelation, only a few would know the truths concerning God after a longer time and with of course, a great possibility of error.Thus, he proved that â€Å"reason,† which is anchored to man's knowledge, is essential not in proving what the truths of faith are but in defending, explaining, and developing the revealed doctrines of Christianity (154). However, not all agree with Aquinas’ belief; some question one of his points of view, specifically regarding active intelligence. Henry Corbin’s statement disapproves of Aquinas’ perception that active intellect functions not in separate ways with spirituality (249).Corbin strongly disapproved this and emphasized that if these two will be linked and treated as one in terms of functions, spirituality may lose its true essence since intellect is classified with relevance to the social norm (249). Thus, when not separated with the socialized arena of active intelligence, beliefs regarding religious arena might as well be affected. A spiritual entity dominated by religious forces, which are influenced by a socialized field of intellect, might as well in return be socialized.This occurrence will result in modifications in one’s points of view and confusion about what truly exists and what does not. An example given in that statement describes the transformation of one’s belief in monotheism to monism (Corbin 249). The former explains that only one god exists but when not done separately from the aspect of intellectual side, it then results in monism wherein one believes that one god only exists but with manifestations in various religions. This scenario just illustrates what Corbin tried to explain if intellect comes in the way of spirituality.

Wednesday, October 23, 2019

Jetstar Airways Essay

Jetstar Airways is an Australia low-cost carrier airline based in Melbourne, Australia. It is a wholly owned subsidiary of the Qantas Group. Qantas established Jetstar in 2003 as a response to main competitor airline Virgin Australia (formerly known as Virgin Blue). Despite its low cost, Jetstar operates an extensive domestic network and is the world’s largest long-haul low cost carrier. Jetstar operates to destinations in Asia the Pacific Ocean, with future plans of expanding their services throughout Europe. Jetstar currently offers a limited number of connecting services without through baggage checking, and it became the first Australia airline to allow customers to select their seat upon booking. The airline, which participates in the Qantas Frequent Flyer Programme, operates a fleet of Airbus A320-family and A330 aircraft. Mission Statement Jetstar’s mission is to offer all day, every day low fares to enable more people to fly to more places, more often (Jetstar, 2012). Company Objectives  Jetstar is part of the Qantas Group’s two-brand growth strategy, where Qantas competes at the premium and business market and Jetstar focuses on leisure markets. The Jetstar Group is a value based, low fares network of airlines operating in the leisure and value based markets. Jetstar aims to have Australia’s lowest fares on all the routes it operates on. Jetstar has backed its airfares with a Price Beat Guarantee. If any customers find a lower fare elsewhere online, provided it is on the same day, the same route and at a within the same time frame, Jetstar will beat the quoted fare by 10 per cent. Slogan – Low fares, all day, everyday Market Overview Definition of the market Jetstar operates in the low-cost carrier market within Australia. Their target market is the general public, who seeks cheap and accessible airfares and flight availability to travel within Australia. Major competitors include Virgin Australia and Tiger Airways Australia. Market Size Jetstar is currently the third largest domestic Australian airline (by market share) and fifth largest international airline (by capacity share) serving international routes to-and-from Australia (Jetstar, 2011). Jetstar shares its parent’s strong competition with Australia’s biggest low-cost carrier Virgin Australia. Domestic travel accounts for 75% of the airline industry revenue in Australia (Taylor Woodings, 2011) Market Potential The market is currently in the decline stage. From 2007, Australian domestic air travel started with buoyant demand for air travel and high fuel prices boosted ticket prices. However, domestic airlines faced major hurdles when the global economic downturn hit. Higher unemployment and a decline in discretionary income slowed demand for air travel in Australia. In particular, business travellers abandon air travel in favour of teleconferences and e-mail. Demand also weakened as Australians have started to plan travelling internationally. Market Structure The domestic flights market can be considered as an oligopoly. The 3 main companies that have the most market share are Virgin Australia, Jetstar and Tiger Airways Australia. Trends Demographic: Australia is an underpopulated country and is also an ageing. However, over the years the numbers of migrants have been increasing. With the rising number of migrants, there will most likely be an increase in the number of domestic flights demanded since they may want to visit other cities Economic:  Australia currently has the strongest economy in the developed world and it is expected to outperform all comers for at least the next two years, according to the International Monetary Fund (2012). The IMF also forecasts Australia’s unemployment rate to remain low at 5. 2 per cent in both 2012 and 2013. With the Australia having an unemployment rate of only 5. 2%, it can be assumed that people are more likely to have surplus cash and may have plans of flying domestic, whether it be for a holiday or business. Natural: Australia’s changing natural environment has had an impact on the customers, nvestors and Jetstar. Jetstar is committed to minimising its impact on the environment and has introduced various initiatives to address this important issue. On 19 September 2007, Jetstar introduced a passenger Carbon Offset scheme facilitated through the Australian Government’s Greenhouse Friendlyâ„ ¢ initiative. Through the Carbon Offset scheme, Jetstar’s passengers can choose to make their journey carbon neutral by purchasing carbon offsets on all domestic and international services via a seamless single step process at the time of booking at Jetstar. com. Jetstar’s Carbon Offset program is now one of the most successful programs in the Australian airline industry and has raised almost $600,000. About 12 per cent of all passengers booking at Jetstar. com currently choose to offset their share of flight emissions. Jetstar’s Carbon Offset program has proven to be particularly successful on a number of domestic routes, including Sydney-Ballina Byron, which in 2008 has averaged 24 per cent of passengers booking via the web opting to carbon-offset their flight, Melbourne-Ballina Byron (20%), Adelaide-Melbourne Avalon (16%), Melbourne- Hobart (15%) and Sydney-Melbourne Avalon (14%). Our carbon offsets are purchased through Climate Friendly, who has been ranked as the number one carbon offset provider in Australia by the Carbon Offset Watch and is a founding member of the International Carbon Reduction and Offset Alliance (ICROA). Technological: Technology plays a vital role in both the airline industry. In order to have a competitive advantage, it is required that the technology used is up to date. Jetstar is equipping its fleet of A320 and A321 aircraft with the latest satellite-linked navigation system to improve safety and on-time performance. Aircraft fitted with the system known as Required Navigation Performance (RNP) can safely navigate around cloud-shrouded mountains, through valleys and over high terrain when low visibility would increase the chance of flight disruptions. Air Services Australia reported those 4,200 minutes of flying time and 17,300 nautical miles was saved during 1,612 RNP assisted approaches. As a result more than 200,000 kg of jet fuel was saved and carbon emissions were reduced by 650,000 kg. The new navigation aid reduces the time spent circling due to bad weather, which helps passengers arrive on time and cuts our fuel use. Political/Legal: Over the years the rising carbon tax in Australia has affected future plans of Jetstar. Maintaining and running an aircraft is bound to produce a lot of carbon dioxide. As a result Jetstar has started to reduce the amount their carbon footprint by introducing new technology.

Tuesday, October 22, 2019

A Critical Analysis Of The Code Of Conduct Social Work Essay Essay Example

A Critical Analysis Of The Code Of Conduct Social Work Essay Essay Example A Critical Analysis Of The Code Of Conduct Social Work Essay Essay A Critical Analysis Of The Code Of Conduct Social Work Essay Essay Planning is no longer aA fashionableA construct peculiarly after the prostration of socialism in the recent yesteryear and which has exerted the influence upon the environment ( Evans, 1995 ) . It is the portion of land usage planning system which used to equilibrate the developments in future in context of economic, societal and environment countries. Harmonizing[ 2 ]to Davies, A N, Planning is theA processA of settingA ends, developingA schemes, and outliningA tasksA andA schedulesA to carry through the ends and it is a tool for counsel and facilitation for assorted countries like regeneration and development . Harmonizing[ 3 ]to Lewis Keeble, Planning is the art and scientific discipline of telling the usage of land and the character and siting of edifices and communicating paths so as to procure the maximal operable grade of economic system, convenience and beauty . Since the postwar planning system was put into topographic point in Britain, Major alterations have taken topographic point during this clip in society, the economic system, and the political scene some of which have been touched upon in this rapid overview. In these altering frames, town and state planning has grown into a series of different policy countries which gave different waies for the profession. As the profession underwent a figure of alterations, the development of assorted Acts of the Apostless, policies, models and counsel notes came into being. Harmonizing to Evans, B. , The British planning has emerged out from peculiar fortunes like economic, political and cultural as a signifier of land usage control which is different to the emerged systems in other states. The essay analyzes the critical adequateness of Royal Town Planning Institute`s ( RTPI ) Code of Conduct in other visible radiation of ethical concerns which are besides an of import concerns in be aftering actions/decisions. It begins with debut about RTPI`s Code of Conduct, distinguish between moralss, ethical issues and every bit good as between Codes of Conducts and Codes of Ethics. It so describes the statements between different writers about ethical quandary in the context of be aftering theory, altering function of professional contrivers due to facing of ethical issues/dilemmas and unfavorable judgment of the RTPI Code of Conduct in different ethical concerns like personal, societal and environmental etc because the engagement of political/personal concerns, societal reforms and environmental protection/concerns were added to the planning actions/decisions over the clip. So it s truly of import to analyse the Code of Conduct in their context. It concludes by looking over dif ferent ethical concerns critically to happen out the importance of Code of Conduct for future in the context of different ethical concerns. In the British Planning pattern system, The Royal Town Planning Institute ( RTPI ) is a dynamic administration taking the manner in the creative activity of topographic points that work now and in the hereafter[ 4 ] . The RTPI has its ain professional Code of Conduct as last amended on January 2007. The Professional Code of Conduct sets out that how the members of RTPI should act among their all the professional activities and moralss. It has besides numbered clauses which are more elaborate, explains the Code of Conduct. Ethical motives are defined[ 5 ]as the moral quality of an action or the rightness . It is of import to separate the moralss and ethical issues. Ethical motives are helpful to steer the contrivers in their day-to-day professional work agenda while ethical issues majorly focused upon the moral correct behaviours and affect conflicts/dilemmas about the right/wrong terminals and rules. Within the planning profession there are codifications of behavior ( RTPI, adopted 1994 ) and codifications of moralss. It is of import to distinguish these: a codification of moralss is comprised of airy statements sing the normative and ethical facets of the profession While a codification of behavior has certain guidelines/regulations for professional behaviour including struggle of involvement and professional competency ( Hendler 1991 ) . The moralss of competency, unity and equality are the chief aims in the intents of RTPI`s Code of Conduct among their all the professional activities and Code of Conduct is besides giving accent to personal, professional and political ethical models. Planing theory is besides depicting the ethical quandary of different sectors which are like environment, societal and economic etc. Harmonizing[ 6 ]to Campbell S A ; S. Fainstein S. , Planing theory in itself, is a slippery topic and accounts are frequently frustratingly pleonastic or disappointingly prosaic Consequently it appears as convergence with theory in all subjects of societal scientific disciplines and it s difficult to restrict the range of planning. Harmonizing to William L. , contrivers are torn between public, functioning professionals and fellow members. So this quandary is farther complicated by the extension of be aftering actions and struggles between the different sectors like environment, societal and economic development and these struggles creates jobs non merely in be aftering actions every bit good as in professionals and in the whole planning procedure. The altering function of contrivers over the clip is besides a one of ground for the addition in facing of profession by ethical issues. These alterations can be measured from two positions as Change in the planning profession itself over clip and alterations in the manner in which public and clients perceive planning professionals and their profession. Planners have seen in different function theoretical accounts over the clip and late they are seen to be more synergistic, interchanging cognition and thoughts with clients and a broad scope of other interested parties ( Healey 1991 ) . Now contriver is recognized as expertness, is more to cover with interchanging ideas/knowledge alternatively of bordering policies and study Hagiographas. Harmonizing to Prior ( 2000 ) , the current function of contriver is seems to be as a go-between between different involvements in land development and Forester ( 1989 ) besides gave examined planner`s current function as a facilitator who is helpin g others instead than a proficient expert. Thomas and Healey ( 1991 ) besides describe[ 7 ]planning as a multi-disciplinary field pulling on diverse Fieldss of cognition. Planners must be able to pull together these diverse Fieldss and co-ordinate bureaus with different cognition and duties. Every state has its ain organic structures ( Government/NGO`s ) for guaranting the equality among different groups in the society. The RTPI Code of Professional behavior under No.2, It mentions the equality and riddance of favoritism in the context of sex, faith, disablement, age and sexual orientation in all the professional activities among members As ; others. In the 1970s, to turn to the new inquiries and ends, an effort was done to broaden them by knocking the professional codification of behaviors by Howe, Kaufman and Marcuse. Harmonizing to them, as they were knocking the professional planning codifications from the UK, Canada A ; USA, some of the codifications in UK have no mentions to the moralss, and they are merely adverting some general footings related with moralss and in some, more accent on personal moralss of single contrivers. The RTPI Code of Conduct besides mentions that the members have to maintain their personal, private, political and fiscal involvements separate from their professional responsibilities so that they should execute their responsibility without any break and take steps/precautions clip by clip to maintain them separate from professional duties but harmonizing to Marcuse ( 1976 ) ,[ 8 ] In most instances, even the regulations for stating right from wrong are non clear. Duties to clients conflict with duties to the populace ; following professionally recognized criterions of behavior green goodss consequences repugnant to most laypersons ; professional unity and democratic determination doing seem to conflict ; the bounds of professional concern are hazy. Marcuse besides mentioned that the bing ethical and professional criterions are frequently inherently inconsistent, conflicting and contradictory with the profession`s public oriented image. So finally they are a weak usher to ethical behavior for practising contrivers. The struggle between the positions of elective members and the professional contrivers is besides another quandary. As elective members have different positions[ 9 ]compared to contrivers because members are typically interested in acquiring ballots which can resultant in different positions A ; precedences for a member. So an elective member may hold different precedences for developments in territory as like social/economic alternatively of environmental and ultimately it conflicts with the positions of contrivers because contrivers are responsible for the development of all the sectors and the prioritized issues but in RTPI Code of Conduct, it doesn`t have no mentions or guidelines for such issues/conflicts between elected members and professional contrivers. It s true that contrivers should move professionally but it is besides of import non to take the colored steps/planning actions under any force per unit areas of elective members or other force per unit area groups. Even Harmonizing[ 10 ]to Brewster R. , there are opportunities of struggles between the positions between elected members/representatives and the contrivers working in the local Government and it s important to guarantee the successful completion of be aftering actions . Harmonizing[ 11 ]to Friedman, It may be a biggest job in apprehension and theorizing of planning , in his paper on be aftering research and he mentioned the attack of be aftering research by promoting contriver research workers to place the existent state of affairss of metropolis political relations with planning to turn to the inquiry of power. From point of position of be aftering research and issues related with it, a really small treatment of ethical issues related to be aftering research has done compared to ethical issues associating to be aftering merely ( Hendler,1995 ) [ 12 ]. While in the unfavorable judgment of professional Codes of Conduct done by Howe and Kaufman, ( 1979 ) ; Marcuse, ( 1976 ) shows that there is no direct reference/link to be aftering research in these codifications, as these codifications are for the ordinance of be aftering profession but which is a different activity from research. So planning research is a portion of planning actions/decisions wh ich besides deals with the same ethical issues/dilemmas every bit good as to place assorted specific issues like related with power, political relations etc. Social Justice There are important displacements over the clip in ethical judgements which were informed by impressions in the context of societal and ethical concerns ( Watson, V. , 2006 ) . Harmonizing[ 13 ]to David Harvey, The societal justness is ideally based upon the rules of equal worth of all, shelter and other basic comfortss, chances for all and extinguishing the inequalities from society . The equal distribution among persons is a simple significance of societal justness ( Ernesto M. , 2008 ) . The issues of societal justness are a premier concern in the context of development, socio-economic facets. There are figure of illustrations of unfairness in the signifier of suppression, unequal chances, unfairness etc. Harmonizing to ( Okin, 1989 ) , Feminists have complained that the rules of justness do non use to the household, and therefore, can non procure equal justness for adult females and kids and he besides suggests about the gender neutrality of the original place which will guard against gender favoritism While Rawls notes that the rules of justness apply straight merely to structuring the basic societal establishments ; they do non use to structuring voluntary associations, including the household. The societal issues like equality and riddance of favoritism can be eliminated as mentioned by RTPI Code of Conduct and It will besides assist to keep the equal distribution of societal benefits and loads of the society at all the degrees of Government but the influence of the category and professional background of contrivers in bring forthing the cultural bias in their attitudes and attempts in the planning profession and addition in the societal group s consciousness and engagement can besides impact the professional moralss and be aftering actions in footings of personal behaviours and clip deadlines for applications. The communities and force per unit area groups are going more cognizant, demanding so the contrivers are confronting ethical issues which become more of import and increased. As a consequence, contrivers encouraged to interact with communities/groups but at some phases these involvements/interactions with communities creates force per unit area on the planning actions and every bit good as on planning professionals. The increased engagement of community groups was identified[ 14 ]by peculiar Councils as an increasing challenge confronting territory Councils in the planning actions in footings of making more ethical quandary for contrivers. Harmonizing to Marcuse`s ( 1976 ) unfavorable judgment of the inexplicit preservation of the ethical treatments and codifications of patterns which ignores the societal values and moralss while the single actions which can assist, remains in the procedure because of single concerns as due to their nature and concentrate on persons behaviors and neglects the conditions and supports which can assist towards ethical concerns. Even Harmonizing to Wachs ( 1985 ) , work on be aftering moralss has focused on the codifications and the single contrivers behavior is more alternatively of societal ethical concerns in the planning codifications of moralss. Healy ( 1991 ) besides identified[ 15 ]the differentiation between professional related pattern and scholarly pattern and different relationships between be aftering research and planning pattern. So she besides recognized that scholarly researches every bit good as planning research are non much in pattern. Environmental Justice Environmental Justice is a subset of societal justness concerned with the environmental effects ( Ernesto M. , 2008 ) . As like Social justness, contrivers are confronting the most of import alteration in all over the alterations is the environment. The importance of environment has been increased as it is confronted for figure of jobs and issues in recent clip. So now the authorities/agencies are besides concerned about environmental justness as like societal justness. As economic growing was the chief purpose of local governments and the professional contrivers but late and even since the Earth Summit in Rio in 1992, the environment and sustainable development have become major issues. This introduces a whole new field of idea to contrivers, viz. Environmental Ethical motives. Environmental moralss can be defined as that country of idea and moral discourse covering with our ethical responsibilities to, and comparative to, the natural environment ( Beatley 1994 ) . There are figure of statements on this point of position by contrivers and environmental bureaus in the visible radiation of the increasing importance of the environment and it has lead to an addition in the issues that contrivers must see which accordingly creates farther ethical issues. So like other ethical issues, environmental justness issues are besides of import concerns in the planning actions and how we can turn to all these ethical issues and what weight can be provided to environmental issues in be aftering actions, what issues are more of import. Presents in the urban signifiers, the effects or issues related to environmental jeopardies need more concern as like other developments. So to place the solutions for these sorts of issues and their prioritization in be aftering actions, there is no mention given in the RTPI Code of Conduct. Decision The RTPI Code of Conduct sets out the professional patterns and processs for the planning members to execute their professional responsibilities for the better and safe hereafter waies for society. The RTPI Code of Conduct is peculiarly merely oriented to the members of the planning profession which are working in the planning and development sector to guarantee that the determinations should be appropriate and transparent. As the planning professionals are ensured by Code of Conduct towards their professional services, it can assist to accomplish the better environment for them and society in the visible radiation of those ethical concerns but Kaufman and Marcuse reviewed the Codes which explains the deficiency of proper citing to moralss, but it gives merely a mention to general footings, They besides identified the struggles between the statements like `Loyalty to public and to the one`s patron. From Planing theory point of position, it is besides concerned about the different ethical issues between different concerns like environment, societal and economic etc. Harmonizing to assorted writers, it s difficult to specify the exact range and bounds of be aftering theory and planning in it and the function of contrivers is besides under such fortunes that the contrivers are confronted by ethical issues every bit good as by the field. So this quandary is farther complicated by the extension of be aftering actions and struggles between the different sectors and these struggles confronted by be aftering actions every bit good as in professionals and in the whole planning procedure. The RTPI Code of Conduct will assist to the planning professionals to put out unfastened, just and crystalline planning determinations based upon sound judgements and justified grounds and the Code of Conduct besides sets out farther Auxiliary ordinances and Bye Laws about the continuity of professional development, be aftering assistance etc can be helpful to immature planning professionals to face the ethical issues. From point of position of other ethical concerns, Social justness and Environmental justness are besides premier concerns in future planning actions/decisions. As the essay analyses the importance of societal and environmental concerns and why they are more concerned in present and future scenario`s so it becomes an of import portion of such ordinances or Code of Conduct to give accent towards these concerns. Furthermore, the addition in communities and bureaus awareness demands more outlooks from professional contrivers to set about these concerns every bit good. From point of position of Planning research there are no links to the planning research, as these codifications guides the profession which is wholly different activity from research. So we can non use the Code of Conduct straight to the planning research. However, The RTPI Code of Conduct guides the professional contrivers for or encourages the higher degree contrivers to back up and promote other contrivers to keeping the professional criterions and following the guidelines of Code of Conduct and to cover with the and discourse the ethical issues/dilemma so that they can be farther researched by professional contrivers. For Instance, if we think about the planning determinations and services without the set of patterns and processs given by RTPI`s Code of Conduct or other ordinances in be aftering field, it can make an un-planned and hit-or-miss state of affairs for the planning professional every bit good as for society. So at the last, for the better planning hereafters and right determinations, we need appropriate changes/developments in the planning system in the signifier of rules/regulations, such Code of Conducts, policies which can assist the professionals to accomplish aims of be aftering profession. As The RTPI Code of Conduct is helpful up to an extent for the planning profession to prosecute the contrivers with the set of processs and guidelines but in future there is a still demand of farther additions/modifications in it. So that it can cover bing and future coming spreads in it and can direct the planning professional for better tomorrows and turn to the other major ethical concerns like societal and environmental concerns.

Monday, October 21, 2019

Free Essays on Computers And Entertainment

Computers and Entertainment In the past, you played board games with friends and family members, viewed fine art in an art gallery, listened to music on your stereo, watched a movie at a theater or on television, and inserted pictures into sleeves of photo albums. Today, you can have a much more fulfilling experience in each of these areas of entertainment. In addition to playing exciting, action-packed, 3-D multiplayer games, you can find hours of entertainment on the computer. For example, you can make a family tree, read a book or magazine online, listen to music on the computer, compose a video, edit pictures, or plan a vacation. These forms of entertainment are available on CD-ROM, DVD-ROM, and also on the Web. On the Web, you can view images of fine art in online museums, galleries, and centers.1 Some artists sell their works online. Others display them for your viewing pleasure. You have several options if you wish to listen to music while working on the computer. Insert your favorite music CD into the CD or DVD drive on your computer and listen while you work. Visit an online radio station to hear music, news, an dsporting events (Peyton 25). At some of these sites, you even can watch videos of artists as they sing or play their songs. Instead of driving to the music store of video store tot purchase music or movies, you can buy them on the Web. After paying for the music or movie online, you download it to your hard disk. Once on your hard disk, you listen to the music or watch the movie on the computer. Or, you can transfer it to a CD using a CD-RW and play the music on any audio CD player or the movie on a DVD player (Microsoft Word 2002 Project 2). Some people prefer to create their own music or movies. You can compose music and other sound effects using external devices such as an electric piano keyboard o synthesizer. You also can transfer or create movies by connecting a video camera to the computer. Once on ... Free Essays on Computers And Entertainment Free Essays on Computers And Entertainment Computers and Entertainment In the past, you played board games with friends and family members, viewed fine art in an art gallery, listened to music on your stereo, watched a movie at a theater or on television, and inserted pictures into sleeves of photo albums. Today, you can have a much more fulfilling experience in each of these areas of entertainment. In addition to playing exciting, action-packed, 3-D multiplayer games, you can find hours of entertainment on the computer. For example, you can make a family tree, read a book or magazine online, listen to music on the computer, compose a video, edit pictures, or plan a vacation. These forms of entertainment are available on CD-ROM, DVD-ROM, and also on the Web. On the Web, you can view images of fine art in online museums, galleries, and centers.1 Some artists sell their works online. Others display them for your viewing pleasure. You have several options if you wish to listen to music while working on the computer. Insert your favorite music CD into the CD or DVD drive on your computer and listen while you work. Visit an online radio station to hear music, news, an dsporting events (Peyton 25). At some of these sites, you even can watch videos of artists as they sing or play their songs. Instead of driving to the music store of video store tot purchase music or movies, you can buy them on the Web. After paying for the music or movie online, you download it to your hard disk. Once on your hard disk, you listen to the music or watch the movie on the computer. Or, you can transfer it to a CD using a CD-RW and play the music on any audio CD player or the movie on a DVD player (Microsoft Word 2002 Project 2). Some people prefer to create their own music or movies. You can compose music and other sound effects using external devices such as an electric piano keyboard o synthesizer. You also can transfer or create movies by connecting a video camera to the computer. Once on ...

Sunday, October 20, 2019

How to Grow Crystal Spikes in the Sun

How to Grow Crystal Spikes in the Sun Most crystals take days or weeks to form. Use this technique if you have a sunny day and want crystals FAST! Crystal Spike Materials black construction paperpie or cake panwarm waterEpsom saltscissors Grow the Crystals First, a sunny day isnt required, but it will help! You want rapid evaporation of the water to form the crystals, so select a warm, dry place to grow crystals (sunny porch or window is great).Use the scissors to cut black (or another dark color) construction paper so that it will fit in the bottom of the pan.Add 1 tablespoon of Epsom salt to 1/4 cup warm water. Stir until the salt is dissolved.Put the construction paper in the pan and pour the salt solution over the paper.Put the pan in the place you have selected for crystal-growing. As the water evaporates, youll see lots of spiky crystals.Have fun! Use a magnifying glass to see your creations up-close. Useful Tips This is one of the fastest, least toxic methods of growing crystals. You can substitute regular salt for Epsom, but the resulting crystals wont be as exciting.Wash your hands after handling Epsom salts. Dont drink the solution and avoid spilling it on yourself.Experiment with adding water colors or food color to the salt solution.

Saturday, October 19, 2019

Hate crimes Essay Example | Topics and Well Written Essays - 250 words

Hate crimes - Essay Example tions of their formation are mostly notorious in that, as the term hate implies, these groups expresses extreme aversion or hostility towards their defined focus; as they all possess characteristics of bigotry and being structurally organized. More identified with their activities are violent and exhibition of criminal acts, believed to be consistent with their philosophies and beliefs and with utter disregard for social responsibility. Personally, one believes that society must endeavor to create a check and balance mechanism that would pre-empt and anticipate aggressive behavior and violence planned to be perpetuated by these groups. By eliciting the assistance of authorized government security agencies (the FBI, anti-terrorist agencies, the police), the agenda of hate groups must be monitored and any untoward incident attributed to any of the groups’ members should be sanctioned according to proper legal proceedings. The questions that came to one’s mind while reading the chapter are: (1) how effective are current government agencies’ measures in pre-empting violence and crimes planned by these hate groups? (2) Were there any benefits that have been identified to hate groups’ ideologies to society, aside from seeking to achieve the groups’ interests and goals? (3) Could society ultimately provide a solution to prevent the formation of hate

Discussion Questions #1 and #2 Personal Statement

Discussion Questions #1 and #2 - Personal Statement Example Scientific methods are often lengthy, time consuming and very cumbersome. For the analysis to come to completion, therefore, a lot of time, efforts and costs must be expended. The constraints of time and costs are very fundamental and may significantly limit this method a great deal. Furthermore, they must be conducted by well informed individuals who have adequate scientific skills. Where these are lacking, the method’s applicability is hindered. The human population is constantly increasing. Calculating this increase in population is very difficult for a number of reasons. First and foremost, some births are not registered and, therefore, it becomes difficult to know exactly how many children are born especially in developing countries. In addition to this, growth in human population is never uniform world over (Linkov & Ramadan, 2004, p. 67). In some countries or regions, there is unprecedented growth in this population while, in others, it is a bit low. Therefore, most methods used to calculate the population is bound to experience a great degree of

Friday, October 18, 2019

Crark and Cocaine Essay Example | Topics and Well Written Essays - 2750 words

Crark and Cocaine - Essay Example The drug is commonly known as ; troop,cookies,candy,badrock,dice,hardball,devildrug,Frenchfries,tornado,sleet,rocks,paste,grit,raw,crumbs,hot cakes amongst other names in the streets. The major symptoms and signs that show that a person is actually consuming crack include intense feeling of craving for it, irritability, fatigue, agitation and strong feelings of anger (Abadinsky 19). There are two kinds of cocaine commonly referred to as hydrochloride salt and the freebase.The hydrochloride salt is a type of cocaine that is found in powder form that is dissolved in water and taken through methods such as the intravenously which passes the drug to the vein and the use of intranasal means that is passed through the nose of the users. The freebase is a type of compound that is not neutralized by any type of acid to make it a hydrochloride salt. The drug was first developed in 1970 during the cocaine boom and it continued to be experienced into the 1980s.The cultivation of cocoa leaves is believed to be the genesis of cocaine which was being grown in Peru, Columbia and Bolivia and as result it found its way into the American market. In the early 1908s, there was a lot of cocaine that was shipped and it later flooded into the United States Of America market. Much of these drugs went into Miami through Bahamas .Due to the large quantities of cocaine into the market, the drug traffickers and peddlers decided to convert the cocaine powder into crack so that it could be sold into smaller quantities. Thus, due to its cheapness, simplicity in production, readiness to use and the large economic profits that the peddlers got from crack, it became very popular in the market. The packaging of crack also attracted a very large number of users from the poor neighborhoods who could not afford to go out to the clubhouses or those who felt uncomfortable taking it in social places. People had the assumption that the drug was more pure as compared to other powders in the market thus attracting a very large number of users. For example, it is believed that on average, crack contains 55% purity on every $100 per gram of crack .As for the price, crack went for as low as $2.5 in the market for a single piece. People actually started freebasing the drug so that they could get a better feeling once they started smoking it.Freebasing involved smoking the rocks with either and a flame and this proved to be very fatal leading to the death of several users of cocaine. As a result of the many fatalities and the unsafe mode of sniffing the drug, the drug peddlers decided to come up with a more safe method of smoking cocaine known as crack (Brownstein 34). The crack business in the United States is mostly controlled by the Mexican criminal gangs whereby they have controlled the central, pacific, great lakes, southeast and the west central regions. The Dominican and Columbia groups tend to control the northeast and the Florida regions. How crack cocaine is made. Crack cocaine refers to a highly and addictive type of stimulant that is prepared using the cocaine powder. There are two forms of cocaine commonly are known as hydrochloride salt and freebase.The hydrochloride salt is a form of cocaine that is in powder form that is dissolved in water and later on taken through intravenously by the vein and intranasal through the nose.Freebase compound is not neutralized by

Cantonese Romanization System Research Paper Example | Topics and Well Written Essays - 1750 words

Cantonese Romanization System - Research Paper Example From the essay it is clear this is a form of Romanizing Cantonese proper nouns that is widely used by the Hong Kong government departments and non-governmental organizations in Hong Kong. This use of this method by the government has a long history dating back to the days of British rule and it has undergone a lot of metamorphosis through the two world wars. There are no strict guidelines laid on the method since it just established itself and since then it became a common practice. Due to the un-standardized nature of the method, this system got its critics to a point that other systems are recommended in teaching institutions for its place. As the research declares there are several drawbacks associated with Hong Kong government Romanization system. Firstly, Hong Kong government Romanization system not fully standardized as a system and thus posses a great challenge in spelling since many of the phonemes are similar to more than one letter combination or the other way round. Secondly, In Hong Kong government Romanization system, all tones and distinctions between unaspirated and aspirated stops are omitted and this leads to a great problem in spelling. Lastly, there is existence of inconsistencies throughout Hong Kong government Romanization system as a result of loss of distinctions historically. That is, a distinction between alveolar and palatal sounds making most consonants undistinguished in present-day speech, lacks tone marks, lacks diacritics and different spellings sometimes used for the similar phonemes.

Thursday, October 17, 2019

Does the possession of nuclear weapons have a positive or negative Essay

Does the possession of nuclear weapons have a positive or negative effect on a state security - Essay Example The effects of the nuclear weapons are negative to not only the states having them but to the rest of the world as well. The effects of possesion of nuclear weapons on the state security are negative because they cause massive mass desctruction, they increase disaster risks in case of accidents, they create fear than security to the people as well as increase poor relationship and diplomacy with the other nations especially the rival countries. The security of the state is even worse with the presence of a nuclear weapons at arms length because they can use them anytime to fight their enermies as they are already at their disposal similar with the way they fight using bombs and missiles as they have them at their disposal. With the war on terrorism increasing not only in these super power nations mentioned above but in their affiliate nations that support them such as in parts of Africa, the disamarment argeement made by these nations is bound to be ineffective. According to the resoulution made by majority of these nations starting with US and Russia, they will only refrain using the nuclear weapons if their territories or the territories of their allies are not invaded or attacked by a nuclear or a non-nuclear nation. In this case therefore, since their allies are being attacked, there is risk of them using their weapons to fight the enermies. The nuclear attack effcts are very much known to the world simply beucase of the negative effects they had in Hiroshima and Nagasaki in August of 1945 which lasted years after the bomb was thrown by the US. The radiation effects killed over 200,000 people in both cities with many others suffering ling term health problems. The problems include cancers, mutations in the DNA, 46% of the population suffered Leukemia majority of them being children. Almost seven decades later, the gene mutation led to children being born having deformities such as smaller head size, mental disability

Research Paper Proposal Essay Example | Topics and Well Written Essays - 750 words

Research Paper Proposal - Essay Example With regards to the proposed research study, the researcher aims to provide a clear introduction. As part of the main body, the researcher will discuss the following: (1) importance of dental development when it comes to determining the age of the victim; (2) ways in which archeologists could determine the sex of the victim through by studying either the human dental remains and skeletal remains of the victim; (3) the use of human dental remains when it comes to determining the past occupations of the victim; and (4) ways in which human dental remains could reflect the victim’s past medical condition and treatments prior to his/her death. Prior to the conclusion, the researcher will seek to discuss how human dental remains could reflect the victim’s lifestyle and/or habits. 1. To save the researcher’s time and effort, the researcher will first list down the schools that offer courses related to the study of bioarcheology, dentistry, forensic science, criminal justice, and crime scene investigation. (Guide to Online Schools, 2008) The researcher plans to complete the research study within a short span of one week. The researcher will list down the nearby schools that offer online courses related to bioarcheology, dentistry, forensic science, criminal justice, crime scene investigation followed by gathering related peer-reviewed journal within the first two to three days. Right after the gathering related peer-reviewed journals, the researcher will spend another two days going through the journals and highlight important parts of the study. As soon as the researcher is done highlighting important findings in each journal, the researcher will start conceptualizing followed by officially writing down the flow of the research study. (See Appendix I – Gannt Chart Showing the Proposed Research Schedule on page 4) The proposed research

Wednesday, October 16, 2019

Does the possession of nuclear weapons have a positive or negative Essay

Does the possession of nuclear weapons have a positive or negative effect on a state security - Essay Example The effects of the nuclear weapons are negative to not only the states having them but to the rest of the world as well. The effects of possesion of nuclear weapons on the state security are negative because they cause massive mass desctruction, they increase disaster risks in case of accidents, they create fear than security to the people as well as increase poor relationship and diplomacy with the other nations especially the rival countries. The security of the state is even worse with the presence of a nuclear weapons at arms length because they can use them anytime to fight their enermies as they are already at their disposal similar with the way they fight using bombs and missiles as they have them at their disposal. With the war on terrorism increasing not only in these super power nations mentioned above but in their affiliate nations that support them such as in parts of Africa, the disamarment argeement made by these nations is bound to be ineffective. According to the resoulution made by majority of these nations starting with US and Russia, they will only refrain using the nuclear weapons if their territories or the territories of their allies are not invaded or attacked by a nuclear or a non-nuclear nation. In this case therefore, since their allies are being attacked, there is risk of them using their weapons to fight the enermies. The nuclear attack effcts are very much known to the world simply beucase of the negative effects they had in Hiroshima and Nagasaki in August of 1945 which lasted years after the bomb was thrown by the US. The radiation effects killed over 200,000 people in both cities with many others suffering ling term health problems. The problems include cancers, mutations in the DNA, 46% of the population suffered Leukemia majority of them being children. Almost seven decades later, the gene mutation led to children being born having deformities such as smaller head size, mental disability

Tuesday, October 15, 2019

Collapse of the Societies Essay Example | Topics and Well Written Essays - 1000 words

Collapse of the Societies - Essay Example He has clearly mentioned out that more than climatic variations; a society’s attitude towards addressing the environmental problems plays a key role in the demise of the society. It depends on the people and the government that how they consider it and what measures they take it in response to those environmental problems. He has stressed upon one factor that it depends on the society to choose its fate; to fail or to succeed. He has clearly mentioned that there are some societies that have sustained themselves even in the hard times such as Japan and on the other hand, there are some societies that have totally collapsed such as Somalia or Zimbabwe or those societies which are closer to collapse such as Nepal. According to him, we can learn from their downfall that what were the key factors that played a significant role in their collapse and then we can make an analysis of our selves that where are we standing today; near to collapse or we are already collapsed. Further Diam ond has identified that environmental problems are due to the irresponsible attitude of the humans. Humans have been the basic cause of societal collapse such as in case of Vikings; who happened to cause a lot of damage to their environment such as they caused soil erosion, they wilding cut the trees as a result deforestation occurred and the gradually the environmental problems and climatic changes occurred which caused inevitable damage to the overall society and hence a point came when those societies were swept off from the world. In other words we can say that, human interaction with its environment play an important role in determining the fate of a society. Here Jared has quoted the example of Montana which was a prosperous state with sound environmental conditions in USA. But today, the societal pattern of Montana has completely collapsed. It is one of the poorest states with unstable environmental conditions. The climate of Montana is getting warmer with no proper action pl an or government plan. However, we can say that today Montana’s invulnerable condition is becoming a threat to the overall United States. On the other hand, Jared sees that some of the societies collapse when they reach their peak such as Soviet Union. According to him Soviet Union faced a sudden decline in the time when USSR was in its greatest power. According to him, the main causes in such sudden collapse may be the mismatch between the resources available and their consumption or it could be a mismatch between economic potential and economic plans. There are some environmental factors that make some societies fragile than other societies. According to him there are two basic factors that cause a society to collapse such as conflict between the short term decision making interest of the elites and long term interest of the society as a whole. Whatever that is good in the interest of the elites for short term could turn out to be worst for the society in the long run. The American society could suffer from the same consequences from their governed bodies and business elites. It is imperative for the societies to understand all the problems and to take effective measures in addressing these problems. Addressing one problem would not be sufficient enough to tackle and overcome the issue of collapsing societies but it is highly important that all the problems should be highlighted and addressed on time to avoid collapse. Analysis

Monday, October 14, 2019

Improving Organization Retention Paper Essay Example for Free

Improving Organization Retention Paper Essay Organizations often experiences staffing issues; therefore, one department will be asked to cover for another. However, these issues can be generated from several aspects within an organization such as staffing issues, financial issues, and organization retention. Subsequently, the organization administration must endeavor to sort out the best strategy to resolve these issues. In this particular paper the underlying issues involves staffing. â€Å"Strategies for improving the employee selection process include tracking recruitment sources; using realistic job previews (RJPs); using assessment tools and interviews to predict turnover; and hiring for fit and motivation (Barrick Zimmerman, p. 1 Para 6 2005). Moreover, an organization that implements a successful staffing approach will essentially establish a positive influence regarding employee retention. Nevertheless with this paper organization retention will be discussed in details, and work motivation theories will be applied to improve employee recruitment and retention at JC’s Casino. An examination of potential occupational stressors that are considered as a negative influence on recruitment and retention as well as a significant proposal will be demonstrated. Furthermore, the role of job satisfaction and its influence on retention at the casino, and recommendations for improving job satisfaction of the employees, and how that can play a part in successfully improving retention will be discussed. Ultimately, a discussing regarding counterproductive employee behavior occurring at the casino as well as what suggestions that would reduce the counterproductive behavior and increase productive employee behavior will be demonstrated as well. JC’s Casino This particular casino is in disarray as the result of unpredictable staffing issues, which essentially caused the casino dealers to leave. In fact, the dealers obtain employment with other casino that merely offered a lower wage rate in contrast to his or her former employment. Moreover, the casino housekeeping staff itself was experiencing issues because of the absenteeism and the high turnover of rooms. Consequently, this issue essentially impinged on other departments within the casino because of the required staff needed to manage the casino was lacking. Indeed, this concern did not impress the casino customers; in fact, it merely produced more chaos as the hotel had to adjust the check -in times, and hire additional staff to work in the luggage room. The customers who arrived earlier had to be accommodating as the organization policy entailed. However, the owner is unaware of the magnitude of the issues, which surrounds the casino itself. In essence, the owner merely knows of the specifics such as the dealers was dropping off like flies, and casino customers were becoming increasingly displeased regarding the untimely check-in transformation. Following, these issues and the whole story enlighten; one could understand why this particular organization desires urgent assistance as a means to improving the organization retention. Motivation Work theories One of motivation work theories that will be employed involves the Douglas McGregor’s X-Y Theory. Douglas McGregor (1906-1964) was the creator of one of the leading exceptional management theories without comparison. He hypothesized that a management position is considered as one of the most significant position within a corporation. In essence, he proposed that it was the manager responsibility to encourage and unveil the vast creative capability within people. McGregor introduced two significant forms of management approaches, which essentially started the development of his X and Y theories: the authoritarian and the participative. The Theory X authoritarian management style, employees are inherently lazy, and the individual would generally have to be forced to work. Nonetheless, under the Theory Y participative management style, employees would discover work as favorable. McGregor also emphasize that, under the proper management, all employees are naturally Theory Y employees (Kallio, 2006). The X Theory is primarily centered on a fashion of management and leadership that is authoritarian, whereas the Y Theory tends to employ more constructive aspects of leadership. Consequently, McGregor’s theory can relate to JC’s Casino situation as it expresses organization development. The Y Theory will allow the staff members to make progress and advance. This way of thinking, in view of this aspect it would be a plus to employ as a means to enhance recruitment and retention within The JC’s Casino. To embark on this journey first, the Y Theory will permit the manager to support employees’ incentives in place of reprimand and demerits. The Y Theory managers deem that each employee like work, and work for the good of the organization, which generates capitalization on competency between the employees. The Y Theory manager would give employees the chance of an independence of creativeness, which would form motivated and faithful employees who appreciate his or her job. The Y Theory managers also work toward building meaningful and productive relationships with their employees. These managers contend with McGregor understanding that the responsibility of management is to allow their employees to express their vast creative potential (Skidmore, 2006). One significant aspect, the Y manager would offer an open dialog with employees and other departments and through displaying leadership by leading with example. Domination and reprimand are not always the best, and the only method to create profitable workplace. In fact, the work itself should be asked and not commanded as a manager subscribing to the X Theory would be more likely to perform. However, the success of either of these theories would essentially depend on -the -job as well as the individual. Some people require unvarying direction and others will excel with little or no direction. In essence, it would fall back on what the individuals work best with regarding Theory X and Theory Y would come into play motivational wise. Another significant theory is called the Z theory founded by William Ouchi. This particular theory is identified as the â€Å"Japanese Challenge† within the management, which is employs the Y Theory and modern Japanese management principals. Although the employee within this theory must have the proper mind-set at all times for tasks with complete liability regarding the ultimate result of tasks. â€Å"Nevertheless, Theory Z essentially advocates a combination of all thats best about theory Y and modern Japanese management, which places a large amount of freedom and trusts with workers, and assumes that workers have a strong loyalty and interest in team-working and the organization. An individual behavior and environment can change unexpectedly; thus, this particular theory lacks the strength, and direction contrasting to the McGregor X-Y theory that involves great motivational suggestions and reasoning. Occupational Stressors JC’s Casino organization have a high stress level profession as well as a high stress level that often surfaces between employees. This type of environment entails customers who are commonly inebriated and often irritated; thus, workers must intervene if necessary. Consequently, recruitment and retention should be meticulous because a casino environment can be challenging and not for everyone. According to researcher’s casinos that implement Anger Management courses that include procedures for recognizing and managing stress, which displayed a higher results regarding employee contentment (Internet Reference, Anger Stress in Casinos-www.andersonservices.com). Role of Job Satisfaction To implement employee satisfaction the primary focus would be directed toward researching other successful casino such as Ki-Joon Back, a Korean casino. This casino successfully has applied an employee job satisfaction and organizational assertion. The Korean casino embarks on requiring the employees to engage in a survey questionnaire; consequence aided management by enhancing the condition of employee satisfaction. Moreover, this type of method can be employed within JC’s Casino with the same results. One must first follow- up on the results such as provide ongoing training, health care benefits, and maintain an open dialog with employees. Each aspect should be permanent to ensure employee satisfaction, recruitment as well as retention. Furthermore, the organization should also present employees with necessary supplies according to the resources. When employees are provided with the required supplies it will create a better atmosphere and enhance self-respect and retention. It is significant to bear in mind that integrity generally starts on the top of administration and can seep into the workers (Internet Reference, CQX.com-Cornell Hospitality Quarterly Management). Employee Behavior According to Global Gaming Business regarding employee’s behavior within type of environment by which it emphasizes that when counterproductive behavior occurs in a casino the management should tackle the issue immediately as well as the peoples involved instead evading the situation. Casino policy should be made unquestionably and sincerely to employees who in turn create an appreciation amid management and staff. Management must be the voice of logic when dealing with rumor or complex concerns. Management must take the led to sort out personally grievances and issues on the floor during his or her shift, and one should by no means leave issues unresolved. However, JC’s Casino has two key vital focal points here concerning behavior perceived as counterproductive, which starts with Joe, the tyrannical pit boss, and the above rate of absenteeism among the housekeepers. Management must correct the issue with Joe; in fact, he needs to be taught that his method of working and dealing with his coworkers is causing counterproductive. His behavior is essentially causing the employees to perform inadequately, and resulting in employees to leave the casino. Joe must be retrained and needs to from this point on apply a Y Theory approach in which he works with his employees instead of his former method. In case for some reason he refuses or cannot adjust management must consider reinstating him or shifting him to a position because his behavior is not complimentary to the organization. Another point counterproductive to the company is the above rates of housekeepers as absent from work. The casino pays a fair wage, but because of the shortage of staff the housekeepers undergoing overworked and underappreciated beliefs. The casino needs to employ a new management agenda in which the managers had a better mentality and could create an enhanced working environment for the employees. Conclusion Indeed, based on this finding manager knowledge, skills, and abilities are highly necessary. A management position is considered as one of the most significant position within a corporation. The JC Casino entails numerous significant facets and layers that could be perceived as challenging and are causes for concern. If management maintains this model, change decision-making methods and mindsets, aid employees with healthier working conditions and with respect. This will lead to longer retention and will eventually lead to a better more efficient recruitment process, which will aid the JC Casino as it continues to soar, and becomes profitable. Management must correct the issue with Joe; in fact, he needs to be taught that his method of working and dealing with his coworkers is causing counterproductive. Ultimately, the corporation expects the manager to be prepared to work harder, and to put forth more effort than the others leading by the example. The effectiveness of either of these theories would ultimately come to depend on- the- job and the workers. References Barrick, M. R. Zimmerman, R. D. (2005). Reducing voluntary, avoidable turnover through selection. Global Gaming Business Vol.9. No. 2, (Internet Reference, CQX.com-Cornell Hospitality Quarterly Management. (Internet Reference, Anger Stress in Casinos-www.andersonservices.com (Internet Reference, Motivational theories-www.businessballs.com. (Internet Reference, http://www.businessballs.com/mcgregor.htm. Journal of Applied Psychology, 90, 159-166. Retrieved April 4, 2011 Kallio, B. (2006). Mcgregor, Douglas. Encyclopedia of Educational Leadership and Administration. Retrieved on April 4, 2011, from http://www.sage-ereference.com/edleadership/Article_n368.html Skidmore, M. (2006). Theory X, Theory Y. Encyclopedia of Educational Leadership and Administration. Retrieved on April 4, 2011 from, http://www.sage-ereference.com/edleadership/Article_n566.html /

Sunday, October 13, 2019

Neo-Marxist analysis: Neo-liberal policies

Neo-Marxist analysis: Neo-liberal policies What is the neo-Marxist assessment of neo-liberal policies and to what extent do you agree with this assessment? Neo-Marxism is a school of economic thought which applies Marxist ideas to the present global economic conditions. It became prevalent during the 1960s and 1970s as neo-Marxist scholars demonstrated how capitalist policies hindered development and increased the inequality between the Global North and South. Henceforth, neo-Marxists produced the dependency and modern world system theories as clear illustrations as to how neo-liberal capitalism has brought increased inequality to the global economy. Therefore, in order to examine neo-Marxist assessments of neo-liberal policies, it is firstly important to consider different neo-Marxist perspectives in detail and analyse the elements which are contested and by whom. It is also important to evaluate the arguments for and against the doctrine, which would help to gauge to what extent the neo-Marxist assessments are credible. Thus it will be argued that neo-Marxist theories provide an accurate analysis of how neo-liberal capitalism has crea ted an increase in political and economic subordination of the South to the North and further, its critical examination of the New International Economic Order. The argument which supports the development problem analysis stems from neo-liberal economics. The theoretical basis is that, ‘rather than protecting national markets and production, neo-liberal theory promotes openness and allows more efficient use of resources, exchange of technology and greater opportunities for economic growth.’ This approach has been influential in modernisation theory, which asserts that, once states implement neo-liberal restructuring measures and entrepreneurs accumulate sufficient capital, the benefits of growth and efficiency would ‘trickle down’ to the poor. Neo-liberals argue that underdeveloped societies, ‘should learn from the development experiences of the already developed or pioneer countries,’ striving to become more like existing developed societies. In the early 1990s, the IMF and World Bank in conjunction with the US Treasury Department ‘arrived at a consensus that neo-liberal policies were needed in l ess developed and emerging market economies.’ These policies included the strengthening of the free market, supporting private enterprise and increasing deregulation allowing entrepreneurial initiative. The Washington Consensus had several key policies for the Global South to increase development and these were said to be market-led. These included the issuing of loans so long as ‘Southern’ governments followed strict policy conditions, state-led development was replaced with market-led development and to use foreign exchange from export-led growth to pay off debts and promote development. However, neo-Marxists criticise these policies and have lead them to introduce theories which address the level of underdevelopment caused by neo-liberalism and the Washington Consensus. The neo-Marxist theories of Dependency and World System Theories both share the idea that the Global North and South are in a structural relationship with one another. The former theory originated in the South, and its subject area is explicitly geared towards the problems and interests of the South and is seen as, ‘bottom up,’ approach to international political economy, which prioritises the conditions faced by the poor and the oppressed. Furthermore, having emerged from the development economics studies of the 1960s, dependency theory simultaneously links underdevelopment and capitalist exploitation to trade and monetary relations, and the role of corporate actors and economic institutions. The theory claims that the impoverishment of the South is a direct outcome of their exploitation by the advanced countries in the age of imperialism, which led to the superior development of the North. While the countries in the North accumulate sizeable capital, the countries in t he South are further plunged into underdevelopment. The dependency theory further claims that a new form of imperialism is now dominant, ‘in which an economic imperialism continues the exploitation of the South, without the direct political rule of colonialism.’ When analysing neo-Marxist assessments of neo-liberalism it is important to consider where neo-liberalism has been implemented in both developed and underdeveloped nations. When taking the example of how neo-liberalism was embedded in Latin America; there were several distinct policies that lead the transition into neo-liberal economics. A specific policy was the exchange-rate overvaluation which, ‘artificially reduces the local price of imports,’ however lead to a, ‘devastating impact on the balance of payments and employment.’ Other policies such as domestic financial liberalisation and liberalisation of capital account of the fiscal reforms lead to investment and savings rates declining and public debt levels increasing sharply due to high interest rate levels respectably. Neo-liberal economic policies were implemented by Thatcher’s government of 1979-1990. However, she left behind the highest inflation and interest rates among advanced economies, including large scale bankruptcies, high and rising unemployment and the largest current account deficit in history. The UK’s economic downturn highlights and emphasises the weakness within the doctrine of neo-liberalism. Critical analysts, including those associated with World Systems Theory, neo-Marxism and postcolonial theory; suggest that underdevelopment is actually a problem of dependency, arising within a world system operating as a whole. Underdeveloped societies are not in the position they are in due to internal inadequacies, but because of an ongoing history of dependency, economic exploitation, political subordination and military violence. Whereas the mainstream analysis suggests that any and all underdeveloped societies can in principle â€Å"catch up† with the West through the adoption of development-led, typically neo-liberal policies, critical theorists suggest that such a â€Å"catch-up† cannot happen in a world dominated by the developed societies. Any improvement in the status of underdeveloped societies would require a radical transformation of the entire world system, including the position within it of the developed societies. It could not take the form of a  "catch-up† but only of a general structural transformation. This is because the position of developed countries is itself a product of the world system and requires the continued existence of underdevelopment to sustain it. Despite significant differences, critical approaches share the view that, ‘there exists a world structure in which dominant interests located in the advanced industrial world dominate and exploit the rest of the world using economic, political and military means.’ Andre Gunder Frank argues that, ‘the global system is a whole chain of metropolis-satellite relations. Each metropolis dominates, exploits and draws wealth from its satellite or satellites.’ This chain, with northern societies at the top, keeps societies in Africa, Asia and Latin America at the bottom of a global system. Frank sees surplus exported upwards and outwards from the bottom of the chain to the top. For Frank, development is not possible without a complete break from the system. Once a state has become a satellite, it can only develop when its ties with the metropolis are broken or weakened, for example in times of war or recession. In this view development is always dependent development and a â€Å"catch-up† is ruled out. Any context in which development occurred would involve the construction of a new international economic order which, far from conforming underdeveloped societies to models set in the north, would alter economic relations in a manner which would transform developed as well as underdeveloped societies. However, Dependency theory is weak in its analysis of capitalist relations as being inherently negative and based purely on exploitation. Although underdevelopment and poverty are vital problems of a global scale, they are not sole features of the international economy. Development has occurred in peripheral areas, and not all relations between the North and South are about exploitation; indeed, not all international relations involve interrelation between underdeveloped and developed as Dependency focuses, but relationships between advanced states must too be studied. Therefore, the extent to which one believes the issue of underdevelopment is salient in the international political economy can dictate how much one believes dependency theory enables an understanding of these economic relations to a degree, however this approach is inherently limited because International Political Economy must also be studied by looking at a system of wealth production and not just monopolistic explo itation of wealth. Similarly, the even faster growth of development in less industrialised states over the industrialised in examples of Taiwan and Singapore indicate that Dependency theories do not encapsulate fully the potential nature of economic relations through ignoring any possibility of cooperation and mutual advantage through capitalism. Additionally, in the Dependency theory’s analysis of underdevelopment itself, flaws are also found. The fact that the ‘development of the underdevelopment.’ is still as crucial an issue today as it was when Gunder Frank wrote his piece in 1969 is proof that ‘dependency’ does not offer a real understanding of underdevelopment, despite highlighting it, because it cannot offer a solution to it. Its analysis in explaining the reasons why certain countries are underdeveloped is singular and base because it is using dependence alone as justification, and so is not able to offer structural adjustment programmes to actually change the economic position of the underdeveloped in the international economy. The fact that underdevelopment is always equated with capitalism also adds to a tendency for Dependency to criticise capitalism rather than explain the reasons why underdevelopment is not solved and analyse the causes of poverty. When placing primary emphasis on the level of economic development, with political or ideological differences, this approach yields the ‘North-South’ divide. Though there are some anomalies, such as South Africa and Australia, the world is seen as divided essentially between the wealthy and powerful countries of the Northern Hemisphere and the poor, less-developed countries of the Southern Hemisphere. However, the North-South dichotomy, though useful in debate, is inaccurate and misleading. A more precise economic model of the world system distinguishes among the superpowers, solely the United States at the end of the 20th century; other developed countries, such as Japan, Germany, and Britain; and the underdeveloped countries, such as China and Bolivia. We then have First, Second, and Third Worlds. A further refinement of the economic model looks past the level of three worlds of development to a single underlying and developing world system. Based on a historical perspective, this view, advanced especially by the American theorist Immanuel Wallerstein, argues that there is but a single world economy, the capitalist world economy, which has been expanding since the 17th century. Wallerstein’s World Systems Theory, developed in 1974, utilised many features found in the Dependency Model, such as viewing development in global conditions rather than focussing on economic development in individual countries. However, there are differences between the two theories and Wallerstein, ‘moves beyond the static dualism of the dependency models†¦rather than viewing the world in terms of ‘core’ and ‘periphery.’’ There are ‘core countries,’ such as the United States and Japan; ‘semi-peripheral countries,’ such as Bra zil, most eastern European states, and China; and ‘peripheral countries,’ such as Cuba and most of the poor countries of Africa and Asia. Depending on economic fortunes and fluctuations, as well as the logic of the developing system itself, countries can move in and out of these categories. This is in stark contrast to the Dependency Theory which advocates that periphery nations would permanently be in a state of exploitation, ‘some countries of the world were experiencing economics development in terms of industrialisation†¦including the ‘Asian Tigers’ of South Korea, Hong Kong, Singapore and Taiwan, as well as Latin American nations such as Brazil.’ In order to move a country’s status from the periphery to the core, Wallerstein proposes import substitution as a solution. Import substitution is a phenomenon that responds to external disruption of trade by domestically producing substitutes for those goods previously imported. This is a policy that the governments in less developed countries may use to undertake industrialisation and structural changes. Wallerstein supports the core and periphery to create globalization. Wallerstein’s theory helps globalization in the international context. He believes that the rich creates the poor. Unless the poor country eventually changes it economy and accumulates its own capital, it will continue to stay in the periphery. The plausibility and appeal of this model lie in its recognition of the growing internationalisation of the industrial economy. Nation-states, whether capitalist or communist, are becoming increasingly subordinate to world economic developments. Decisions about capital investment and growth are made in a world context and on a global scale. The giant multinational corporations are the most significant new actors on the world stage and have been establishing a new international division of labour. From their point of view, it makes more sense to manufacture goods in South Korea or Taiwan, where labour is still cheap and governments compliant, than in the United States or Britain, where labour is expensive and regulation stringent. Such high-level functions as central planning and research and development can be retained in their Western homelands, where there are the necessary reserves of highly trained professional and scientific personnel. Profits can be declared in those countries where taxes are lowest. In such a way do the multinationals illustrate, even embody, the interdependence of core and periphery nations. In order to move a country’s status from the periphery to the core, Wallerstein proposes import substitution as a solution. Import substitution is a phenomenon that responds to external disruption of trade by domestically producing substitutes for those goods previously imported. This is a policy that governments in less developed countries may use to undertake industrialisation and structural changes. However, there are criticisms of Wallerstein’s theory with regards to the semi-periphery. They describe it being an improvised, ‘invention to deal with those cases that do not fit neatly into the core-periphery framework.’ Critics deduce this because the majority of development economic theory in recent years has centred upon, ‘the elaboration of dependent development in the countries of the semi-periphery.’ Furthermore, other criticisms include the fact that the theory is, ‘too deterministic both economically and in terms of the constraining effects of the global capitalist system.’ Therefore, it is arguable that the neo-Marxist assessments of an increased inequality and subordination between the Global South and North which has been constructed through neo-liberal policies are valid and well-founded. The development of critical theories such as the Dependency and Modern World System have accurately criticised neo-liberal policies of market-led reforms and how underlying capitalism will lead to the core being concentrated in areas of the North. However, there are flaws in the Dependency Theory, as mentioned, including the need to address the solutions of development in peripheral countries. Furthermore, Wallerstein’s World Systems Theory has successfully been able to incorporate not only core and periphery states but that of the semi-periphery, which include emerging market economies such of India, Brazil and China. These states act as a buffer between the core and periphery countries. Despite these flaws both theories present an excellent assessment of n eo-liberal policies. BIBLIOGRAPHY Balaam, David and Veseth, Michael – Introduction to International Political Economy (London: Pearson Prentice Hall 2001) pp. 70-90 Brewer, Anthony – Marxist Theories of Imperialism: A Critical Survey (London: Routledge, 1990) pp. 60-73 Byres, Terence, ‘Neoliberalism and Primitive Accumulation in LDCs’ in Saad-Filho, Alfredo and Johnston, Deborah – Neoliberalism: A Critical Reader (London: Pluto Press, 2005) pp. 83-91 Chase-Dunn, Christopher and Grimes, Peter, ‘World-System Analysis,’ Annual Review of Sociology, Vol. 21. (1995), pp. 387-417 Chomsky, Noam – Profit Over People: Neo-Liberalism and Global Order (New York: Seven Stories Press, 1999) p. 7-34 Corbridge, Stuart Development Studies: A Reader (London: Edward Arnold, 1995) pp. 1-15 Frank, Andre Gunder – Capitalism and Underdevelopment in Latin America: Historical Studies of Chile and Brazil (New York: Monthly Review Press, 1969) pp.3-12 Helleiner, Eric, ‘Alternatives to Neo-Liberalism? Towards a More Heterogeneous Global Political Economy,’ in Stubbs, Richard and Underhill, Geoffrey Political economy and the changing global order (Oxford:  Oxford University Press,  2006) pp.77-88 Nicholson, Michael International Relations: A Concise Introduction (Basingstoke: Macmillan, 1998) p. 4-23 Olson, Richard Stuart – ‘Economic Coercion in World Politics: With a Focus on North-South Relations,’ World Politics, Vol. 31, No. 4. (Jul., 1979), pp. 471-494 Radice, Hugo, ‘Neoliberal Globalisation: Imperialism with Empires?’ in Saad-Filho, Alfredo and Johnston, Deborah – Neoliberalism: A Critical Reader (London: Pluto Press, 2005) pp. 91-99 Saad-Filho, Alfredo, ‘The Political Economy of Neoliberalism in Latin America’ in Saad-Filho, Alfredo and Johnston, Deborah – Neoliberalism: A Critical Reader (London: Pluto Press, 2005) pp. 222-230 Scharpf, Fritz and Schmidt, Vivien – Welfare and Work in the Open Economy Volume II (Oxford: Oxford University Press, 2000) pp.36-41 Sklair, Leslie – Globalization: Capitalism and its alternatives (Oxford: Oxford University Press, 2002) pp. 30-48 Smith, Tony, ‘The Underdevelopment of Development Literature: The Case of Dependency Theory,’ World Politics, Vol. 31, No. 2. (Jan., 1979), pp. 247-288 Thomas, Caroline, ‘Globalization and Development in the South,’ in Ravenhill, John – Global Political Economy (Oxford: Oxford University Press, 2005) pp. 317-344 Willis, Kate – Theories and Practices of Development (London: Routledge, 2006) pp.62-75, 173-179

Saturday, October 12, 2019

Don’t Shoot: A call for International Diplomacy Essay -- Essays Papers

Don’t Shoot: A call for International Diplomacy Worldwide terrorism became the central focus of the United States’ foreign policy following the September 11, 2001 attacks on the World Trade Center and the Pentagon. At that time, the world saw the obvious hatred that other countries hold toward the U.S. and the extreme danger that came with it. Our eyes were opened to foreign issues that many of us were not previously aware of. President Bush’s initial response to the new danger was to overtake and reform two regimes, Afghanistan and Iraq, as well as to eliminate Iraqi dictator Saddam Hussein. Instability still exists in these areas of the world, but there looms a much more immediate threat in the nuclear countries of Iran and North Korea. Said countries both possess histories of nuclear proliferation, which have recently become more threatening. Each country has violated treaties in regards to their nuclear pursuits and, presently, both countries are actively developing weapons of mass destruction. The United States has established a trend of forcefully instituting change in other countries where it sees fit, as in Afghanistan and Iraq. In the case of Iran and North Korea, such a policy is unnecessary at this time. There currently exists insufficient threat from either country to warrant an attack, so a preemptive strike would be disastrous and unnecessary. The only circumstances that necessitate physical force are those in which the United States and/or other nations are immediately and inevitably endangered. We do not possess the military or economic resources for another full-scale war front as most of our troops and funds have been exhausted in Afghanistan and Iraq (Schwenninger 17). The United States’ course of... ... 50-51. Coulter, Ann. Treason: Liberal Treachery from the Cold War to the War on Terrorism. New York: Three Rivers Press, 2003. Forbes, Steve. â€Å"Ticking Bomb.† Forbes 6 Sep. 2004: 33. Gannon, Jeff. â€Å"Iraqi Leader Challenges Western Media Bias.† Talon News 28 Sep. 2004: 25-26. Hanson, Victor Davis. â€Å"Kill the insurgents. Stop Talking.† The New Republic. 7 June 2004: 13-14. Hirsch, Michael and John Barry. â€Å"Madmen, Rogues & Nukes.† Newsweek 11 Oct. 2004: 34-35. â€Å"Japanese official says North Korea holds nuclear weapons: report.† 17 Oct. 2004: n.pag. On-line. Internet. 18 Oct. 2004. Available WWW: http://news.yahoo.com. Scoblic, J. Peter. â€Å"As I Say: Bush v. Bush on North Korea.† The New Republic 4 Oct 2004: 11-13. â€Å"Will the US now attack Tehran?† New Statesman 27 Sep. 2004: 6. Zakaria, Fareed. â€Å"A Vision, and Little Else.† Newsweek 13 Sep 2004: 37.

Friday, October 11, 2019

Harverd Case Roche

Advanced Corporate Finance Final Case: Roche 1 2 Reasons for Roche’s 100% ownership of Genentech Since Roche and Genentech both operate in the pharmaceutical industry, but still have their own specialty, they can benefit from a partnership. Roche owns a majority stake in Genentech since 1990 and since 2007, it owns 56% of Genentech. Genentech was founded in 1976, their focus lies on biotechnology in which they are the second largest firm of the world. Genentech had become an important part of Roche’s business representing 24% of Roche’s pharmaceutical product sales in 2008.In July 2008, Roche made public that they’d want to acquire the remaining 44% of Genentech. For Roche this acquisition beholds several benefits, but of course also several risks. These benefits and risk are stated below. Benefits First of all since Genentech, in terms of revenue, is the second largest firm in biotechnology in 2007, a full acquisition will strengthen the market positions of both companies. Genentech experiences an expanding growth in sales (see exhibit B), so both companies notice more and more direct competition of each other in several U.S. markets. A merger of Roche and Genentech would take away the direct competition and create new opportunities and strengths which would give them the opportunity to excessively work together on a world wide scale. Secondly, the acquisition beholds a great cost reduction. Roche managers believed there was increasing duplication of effort and facilities at the two companies and, thus, opportunities to create value by cutting costs and streamlining operations.They identified that annual savings realizable over five years would be between $750 million and $850 million, most of which would be in manufacturing, General &Administrative and commercial operations. Another benefit of Roche owning 100%, a merge of the two companies would give Roche access to all the intelligence of Genentech. The concerns about property ri ghts blocked the flow of information between researchers at the two companies. By the merge, they can share their intellectual property, which might facilitate product development and research.Thus the constraint between Roche’s and Genentech’s R&D efforts would disappear. Since the R&D pipeline of Genentech grew stronger by the day in the ten years before the announcement (see exhibit A, B and C), a merge would be a big advantage to Roche. Finally, since the beginning of 2007, the free cash flow of Genentech grew largely. Roche could not access Genentech’s cash directly under the present ownership structure. If a merge occurred, Roche would gain full access to the cash of Genentech.Because expectations are that Genentech’s cash flow will remain high, full access to this cash would have many advantages to Roche, like repaying the debt made by the acquisition. Risks Besides the benefits, there are also several risks involved with the takeover. First, the t akeover would cost $44 billion, which partially would have to be loaned. The management wasn’t sure that Roche would be able to raise the required debt funding given the state of the financial markets. In the middle of the financial crisis, banks weren’t very keen in arranging bridge loans to finance such acquisitions.As a result of this, even if they were able to manage in getting a bridge loan, this would be very expensive. Secondly, it is very hard to value the benefits to Roche in taking over Genentech. One of the causes of a misvaluation is that synergies tend to be mispriced. On top of that, Genentech was waiting on test results of their cancer drug Avastin, wich were to be expected in April 2009. If the acquisition would take place before this date, Roche bears the risk that the drug is rejected. Which would result in a drop in value of Genentech.The risk that Roche takes by waiting on the test results is that, if the test results tend to be positive, stock pric e of Genentech would increase, making a deal substantially more expensive and thus making it even harder to finance it. Finally, there is a big chance of losing a lot of the human capital of Genentech. Genentech has become famous for its strong working culture. This is partially because of the fact that most of the minority shareholders are Genentech employees. By taking over Genentech, Roche risks destroying the old culture and as a result, losing the employees to other firms.Acquisition of Genentech by Roche would bring synergies to both companies. The several risks that are involved, are mostly being compensated by the benefits to Roche. The high debt can be repaid by the large amount of cash of Genentech, the risk brought by the uncertainty of the test results can be reduced by letting independent firms estimate Genentech’s stand alone value, and the employees can be compensated for the loss of their share in Genentech in another way, e. g. by developing a strategy which maintains the important current working culture. Both companies would increase in strength