The Hardships Of The Great Depression - 1345 Words

Great Depression ‘The hardships of the Great Depression in Australia were not shared equally.’ (Anderson et. al.,2012) The 1920s was considered a time of new technologies and the beginning of women’s rights, however as the decade came to an end it was followed by an immense economic crash. On Tuesday, 29th of October 1929, the Wall Street Stock market (New York, USA) collapsed. The prices of shares dropped dramatically causing panic selling. There were large sums of sellers, but not enough buyers leading to the lowering of prices. This marked the start of the Great Depression (ended 1939) effecting the whole western industrialised world, including Australia. In Australia companies closed overnight, unemployment rates increased, goods and services prices dropped (wool and wheat), it was a year of â€Å"shantytowns (and) endless dole queues†¦Ã¢â‚¬  (Anderson et.al, 2007). The Australian Government did little to help due to the foreign debts accumulated from the infrastructure projects in the 1920s. However, evidence showed that experiences of the Great Depression were not the same for eve ryone. Men suffered from the lost of jobs however, they were prioritised over women having higher chances of obtaining a job. People who lived in rural areas were more disadvantaged than urban workers. Furthermore, even when â€Å"Millions of men were thrown out of work† (Smart, 1975), those employed by the government were able to keep their job, and even improve their lives, whereas factory and otherShow MoreRelatedSea Glass: Hardships during the Great Depression1347 Words   |  6 Pagesentered the Great Depression, the time period where the economy was at its lowest. Although signs were present, this era came as a shockwave to most citizens because the 1920s were times of extreme economic prosper. People’s lives were completely torn from their roots. They were left without any method to make a living, but used drastic measures to survive. The people became desperate and did whatever they could to buy food on the table. Anita Shreve depicts the hardships of the Grea t Depression throughRead MoreThe Major Causes And Contributions Of The Great Depression1536 Words   |  7 PagesThe Great Depression was a worldwide economic crisis that began in the early 1930s. Many people believe that the Great Depression was caused by the stock market crash. However, this Depression was long anticipated before the â€Å"Roaring Twenties† era, when the United States transitioned from an agricultural society to an industrial one. There were many contributions to this severe economic crisis such as the overproduction of crops and technologies, installment plans, stock speculation through buyingRead MoreThe Legacy Of The Roaring Twenties1475 Words   |  6 PagesThe â€Å"roaring twenties† was a time of prosperity and happiness across the country of America. The economy boomed and there was a general air of excitement throughout society. However, the stock market crash in 1929 brought about the Great Depression, which ended this era. Franklin Delano Roosevelt felt compelled to do something to bring America back to its former prosperous self. Roosevelt created the New Deal, a series of government programs and laws intended to fix the economic issues plaguing AmericaRead MoreThe Great Depression ´s Impact on Gender Roles1482 Words   |  6 PagesLisa Cianciulli November 12th, 2013 The Great Depression’s Impact on Gender Roles Change and hardship go hand in hand, because when hard times emerge society is forced to change. During the Great Depression the idea of gender roles stirred up a great deal of controversy but it also opened the door for change. It gave society a push into a new direction. In order to survive, a number of people had to move away from their traditional way of living in order to take care of their household (GoutourRead MoreHandicaps, Hardships, and Friendships in â€Å"Of Mice and Men†1300 Words   |  6 PagesHandicaps, Hardships, and Friendships in â€Å"Of Mice and Men† The American Dream is a dream that everyone imagines to be picture perfect. The American Dream means having freedom, equality and opportunity’s to achieve the dream that you conceptualize to be right by you. In the novel, Of Mice and Men, Steinbeck did not want to just illustrate the American dream as being easy, but he wanted to point out the American Dream as being difficult too. Steinbeck made a work of art by composing a great novel toRead MoreCinderella Man And The Great Depression991 Words   |  4 Pagesyet laborious, time for The United States as the country faced the Roaring Twenties, Great Depression and New Deal. Before the Great Depression, the United States have been a time of prosperity and originality. Products were affordable and Americans were living comfortably. Once Nineteen Twenty Nine arrived, the stock market had crashed, unemployment was at a new high, and millions of citizens were losing great deals of money. Fortunately, the New Deal, created by Frank lin D. Roosevelt, was a solutionRead MoreMegan Grogan. Mrs. Arnold. English 1301.78. 17 April 2017.1564 Words   |  7 Pagescontext. According to Unemployment During the Great Depression by John A. Garraty: â€Å"The Great Depression of the 1930s swept across most of the world like a blight or plague, swiftly and without warning. It produced much misery and suffering everywhere,† (133). This comparison offers an insight into the hardship produced by this time period and gives a representation of the powerful emotions and feelings regarding the Depression. This portrayal of hardship also offers an idea of how little people actuallyRead More The Great Depression of the 1930s in Canada1305 Words   |  6 PagesThe Great Depression of the 1930s in Canada The Great Depression of the 1930s is a benchmark for all depressions and recessions in the past and in the future. In the booklet The Great Depression of the 1930s in Canada , Michiel Horn gives an intellectual dissection of the events that occurred during the Great Depression. Michiel Horns approach leaves the reader with a foul taste for the Dirty Thirties. This essay will summarize Michiel Horns key points as well as discuss the ability ofRead MoreA comparison between The Great Depression and Of Mice and Men by Steinbeck622 Words   |  3 PagesThe Great Depression is comparable to Lennie and George s life. I would like to give a comparison of George Milton and Lennie Small to the Great Depression. The time that this story took place was during the Great Depression. John Steinbeck captured the reality of this most difficult time. During the Great Depression people needed to travel together to share chores and duties to make a living until something better came along. That is the way George and Lennie traveled. They traveled togetherRead MoreA Comparison of Of Mice and Men and The Great Depression an Eyewitn697 Words   |  3 PagesA Comparison of Of Mice and Men and The Great Depression An Eyewitness History The Great Depression is comparable to Lennie and Georges life. I would like to give a comparison of George Milton and Lennie Small to the Great Depression. The time that this story took place was during the Great Depression. John Steinbeck captured the reality of this most difficult time. During the Great Depression people needed to travel together to share chores and duties to make a living until something

Satire, Stain Glass And The Hagia Sophia - 1303 Words

Throughout the course of the class, we have examined multiple forms of art across the span of multiple centuries. Three pieces I believe have influence the way western culture has evolved today is satire, stain glass and the Hagia Sophia. These pieces have changed the way society has and is changing. Though I did not find the Forum of Trajan, the Magnus Liber Organi, and the Sistine Chapel as important as the aforementioned, they have expanded my appreciation and understanding of western art. The first piece of art I consider important is not a piece within itself. I would say the art of satire is very important to western culture. The goal of satire was to criticize society in a humorous way that encourages the improvement of said society. The satirists had hopes that this would correct social evils by laughing at them. For example in Johnathan Swift’s, Gulliver’s Travels, uses different encounters to emphasize political corruption and mock the vices of the humans in his novel. This piece has one example of the most common vices found in humans; bickering, gluttony and avarice. Swift wanted to show that humans were at fault for their cruelty and failures because they were given reason. This style is unique because many of the pieces were absurd in the suggestions. The pieces would suggest things such as eating children (A Modest Proposal), mock social climbers and degenerate nobles (Marriage a la Mode). Satire is significant to our cultural history becau se it was a

Operating Model Definition Free Essays

l assist in the integration of processes throughout franchises 200 locations. The main location will have the ability to make changes to expectations or processes and make them available to all of the 200 locations from the main location without having to go to each location individually. This operating model will improve the structure and processes of the 200 franchise locations by making it possible to reach out to all of them at once whenever necessary changes are needed to be made. We will write a custom essay sample on Operating Model Definition or any similar topic only for you Order Now Each location will also have the ability of reporting to the central location any changes as well as request to make changes and send in any data that would prove the necessity of the proposed changes without needing to go to that individual location to address whatever issues at hand. Ralph’s Ribs is unlike any of the other sample organizations because it lacks an actual formal IT setup since all data is sent in from the 200 franchises as individual batch files. The chosen model would help in any of the four scenarios; however it would prove to be a vital asset for Ralph’s Ribs as it would help standardize all processes throughout the 200 franchises making it easier to manage the data coming in from the franchise locations. The chosen operating model would assist in saving time thus allowing the organization and its franchises to make additional advancements which would allow them to implement their sales and marketing strategies. When saved time is utilized it opens the door to unlimited opportunities, in this case Ralph’s Ribs main location would save an enormous amount of time if the individual reports from its 200 franchise locations were sent into a database that was setup to receive and sort the data from the franchise locations. How to cite Operating Model Definition, Papers

Analysis of ExxonMobil and British Petroleum

Question: Describe about the Financial Statement Analysis of ExxonMobil and British Petroleum? Answer: Introduction British petroleum is an oil and gas providing company which is mainly supplies of fuel their clients and customers for transportation activities, light producing energy supplies and lubricant products which is required for the vehicles engine and different products which is used by the consumers petrochemical products which is mainly used in the preparation of paints and clothes facilities for other products. Exxon Mobil Corporation is exploring their business activities in the country U.S for the production and distribution activities of the oil and natural gases. The company is mainly deal in the products like petrochemical, aromatics and the other products which is directly related to the petrochemical products and industry. The project is all about the understanding the financial status of the company in the market during the financial period of 2013 and 2014 (Horngren and Rajan, 2012). The critical analysis of the companies Exxon Mobil and British Petroleum which are mainly described the financial situation of the company in the market and the non financial analysis which is mainly described the investment decision and the other strategies of the companies with the support several organizational sources within given period of time. The situation of the different analysis which is related to the several activities of the company is mainly depends upon the companies are having certain rules and policies according to which is the income statements of the organization which is support in measuring the performance of the company within a given period of time (Horngren and Oliver, 2012). The study is all about the investments activities in the energy proving company. The companies are providing products and services in the petrochemical and energy sector which will provide better financial position of the organization in the different scenarios of the company during perf orming in the market. Critical Analysis The critical analysis of the company will be analyzed by the company within a given period of time by the reviewing the financial statement analysis of the companies Exxon Mobil and British petroleum. The ratio analysis will be better analyzing the financial and performance status of this organization (Gibson, 2012). Profitability Ratio Profitability ratios of any organization which is support to analysis of the measuring the capabilities of the organizations in the revenue generation activities of the companies within a particular given period of time. Here the overall profitability analysis of the companies Exxon Mobil and British Petroleum within financial period of 2013 and 2014 (Garrison and Brewer, 2012). Particulars ExxonMobil British Petroleum 2013 2014 2013 2014 Total Revenue $ 438,255.00 $ 411,939.00 $ 379,136.00 $ 353,568.00 Gross Profit $ 57,711.00 $ 51,630.00 $ 30,221.00 $ 4,950.00 Gross Profit Margin 0.131683609 0.125334091 0.079710183 0.014000136 According to the overall analysis of the companys financial statements which is helping in measuring the earning capabilities of the company within given period of time. The mentioned companies are having 0.131 and 0.125 in the financial year 2013 and 2014 for Exxon Mobil and for British Petroleum the gross profit earning margin is 0.079 and 0.014 respectively. The overall situations showing that these companies are reducing their gross earning capability of the company. Particulars ExxonMobil British Petroleum 2013 2014 2013 2014 Total Revenue $ 438,255.00 $ 411,939.00 $ 379,136.00 $ 353,568.00 Net Profit $ 32,580.00 $ 32,520.00 $ 23,758.00 $ 4,003.00 Net Profit Margin 0.074340281 0.078943727 0.06266353 0.011321726 According to the overall analysis of the companys financial statements which is helping in measuring the earning capabilities of the company within given period of time. The mentioned companies are having 0.074 and 0.078 in the financial year 2013 and 2014 for Exxon Mobil and for British Petroleum the net profit earning margin is 0.0626 and 0.011 respectively. The overall situations showing that these companies are reducing their net earning capability of the company. The indirect expenses of the companies are huge which is reducing the net margin of the company within a given financial period of time. Particulars ExxonMobil British Petroleum 2013 2014 2013 2014 Net Profit $ 32,580.00 $ 32,520.00 $ 23,758.00 $ 4,003.00 Total Asset 346,808 349,493 305,690 284,305 Return On Assets 0.093580219 0.099269975 0.080536276 0.028159899 According to the overall analysis of the companys financial statements which is helping in measuring the earning of the company by the assets which is acquired by the company within given period of time. The mentioned companies are having 0.093 and 0.099 in the financial year 2013 and 2014 for Exxon Mobil and for British Petroleum the returns earned from the assets acquiring activities are 0.080 and 0.028 respectively. The overall situations showing that these companies are showing that company Exxon Mobil is performing better than British petroleum in the financial year 2013 and 2014. Liquidity Ratio Liquidity ratios of the company are mainly support in calculating the financial liquidity analysis of the company within a provided period of time. Liquidity ratios define the short term financial status of the company for settle down their financial obligations within a certain period of time. The liquidity ratio of the companies Exxon Mobil and British Petroleum will be identified by the calculation of current and liquidity ratios of these companies (Follett, 2012). Particulars ExxonMobil British Petroleum 2013 2014 2013 2014 current assets 59,308 52,910 96,840 87,262 current liabilities 71,724 64,633 72,812 63,615 current ratio 0.826891975 0.818622066 1.330000549 1.371720506 The current ratio of the companies Exxon Mobil and British petroleum are in the financial year 2013 and 2014 is mainly analyzed as 0.826 and 0.818 which is related to the certain activities of the company and the current ratio of the company 1.330 and 1.371 within a given financial period of time which is showing that British Petroleum is more efficient in paying their short-term obligations of the company within a given period of time rather than compare to Exxon Mobil corporation. Particulars ExxonMobil British Petroleum 2013 2014 2013 2014 current assets 59,308 52,910 96,840 87,262 current liabilities 71,724 64,633 72,812 63,615 Inventory $ 12,117.00 $ 12,384.00 $ 29,231.00 $ 18,373.00 quick ratio 0.657952708 0.627017158 0.928541999 1.082904975 The quick ratio of the companies Exxon Mobil and British petroleum are in the financial year 2013 and 2014 is mainly analyzed as 0.657 and 0.627 which is related to the certain activities of the company and the current ratio of the company 0.928 and 1.082 within a given financial period of time which is showing that British Petroleum is more efficient in paying their short-term obligations of the company within a given period of time rather than compare to Exxon Mobil corporation. Solvency Ratio The solvency ratios are mainly help in the making payment for the organization within long term period of time to their creditors and financial institutions. The debt and equity ratios of the companies will easily define the financial status of the company in terms of the paying their long terms obligations (Edwards and Boyns, 2012). Particulars ExxonMobil British Petroleum 2013 2014 2013 2014 Total Debt $ 6,891.00 $ 11,653.00 $ 40,811.00 $ 45,977.00 Total Equity $ 10,077.00 $ 10,792.00 $ 130,407.00 $ 112,642.00 Debt-Equity Ratio 0.683834475 1.079781319 0.312950992 0.408169244 According to the calculation of the debt equity ratios of the these mentioned companies are mainly related to the different companies which is defining the debt equity ratios of the organization in ideal proportion in the financial year 2013 an 2014 is 0.683 and 1.079 for the company Exxon Mobil and for the British Petroleum the company is mainly having debt equity percentage of 0.312 and 0.408 for British petroleum in the financial year 2013 and 2014. The overall scenarios shows that the Exxon Mobil corporation is having huge debt in compare to the equity provided by the company (Drury, 2012). Particulars ExxonMobil British Petroleum 2013 2014 2013 2014 Total Liabilities $ 166,313.00 $ 168,429.00 $ 175,283.00 $ 171,663.00 Total Asset 346,808 349,493 305,690 284,305 Debt Ratio 0.479553528 0.481923815 0.573401158 0.603798737 Debt ratio of the companies is mainly showing the financial capabilities of the company through their investors and the different financial institutions in the given financial period of time. The debt ratio of both the organization is 0.479 and 0.481 in the financial year 2013 and 0.573 and 0.603 within financial year 2014. The debt acquiring status of the company British Petroleum is higher in compare to the Exxon Mobil. Particulars ExxonMobil British Petroleum 2013 2014 2013 2014 Total Equity $ 10,077.00 $ 10,792.00 $ 130,407.00 $ 112,642.00 Total Asset 346,808 349,493 305,690 284,305 Equity Ratio 0.029056423 0.030879016 0.426598842 0.396201263 Equity ratio of the company mainly described the financial status of the company that how much amount of the money is invested by the company in their business activities within given period of financial year 2013 and 2014 are 0.0290 and 0.030 in 2013 and 0.426 and 0.396 in the financial year 2014 which is showing that company British Petroleum is maintaining the more equity proportion than debt amount in the given period of time (Bhimani, 2012). Non Financial Analysis Balance scorecard According to the non financial scenario analysis of the petrochemical company Exxon Mobil is mainly considering as a global based petrochemical company which is mainly giving impact on the global market price changes of the oil and gases which is depends upon the different factors of the getting impact demand and the supply of the companys products which is manufactured by the representative company. Financial perspective Customers perspective Internal process perspective Learning and growth perspective During the economic activities like recession and the inflation periods of time the growth of the companies will be negatively sloping and the overall direct impact of the company operational activities (Moeschler, 2012). The demand and supply of the products of the different companies are positively sloping as per the expectations of market investors. The prices of the goods which is supplied by the company is mainly based on the several factors which are several factors like changes in population growth, exchange rate of the currency and fluctuations (Petersen and Plenborg, 2012). There are various factors which is mainly depends upon the risk factors of the different kind of assets which is acquired by the company and capabilities of the Exxon Mobil for giving financial satisfaction to their stakeholders. The several factors which is depends upon legal obligations of the company Exxon Mobil and the barriers which providing several activities of the company within a given period of time period for the company. Exxon Mobil are also facing huge problem in the legalization of the government for the petrochemical industry in U.S. The company British petroleum is mainly related to the several activities which is depends upon the certain activity which directly and indirectly indicated by the organization for the controlling the different hazards in the material supplied by the company within a given period of time. As per the overall performance of the company the business activities of the British Petroleum is losing the figures of the different containment figures of the company (Ratnatunga and Balachandran, 2012). The key performance indicators of the company which is depends upon the strategies and the other scenarios of the organization which is totally depends upon the Non financial activities of both the companies. The companies are mainly supporting the overall activities of the company which is mainly based on the financial performance of the companies. The business strategies of the both the companies Exxon Mobil and British petroleum are growing as per their non financial activities of the company which is highly growing in the market all around the world. Conclusion The overall project is describing the financial and strategic performance of the company within given period 2013 and 2014. The companies Exxon Mobil Corporation and British Petroleum are performing well in the market with the products of petrochemical products which is showing as per the critical analysis that company is declining in maintaining the financial status of the organization in 2014 which is lower than the financial year 2013. The overall performances of both the companies are mainly better as per the analysis of the overall analysis of the company profile and financial scenarios. Reference Bhimani, A. (2012).Management and cost accounting. Harlow, England: Financial Times/Prentice Hall. Drury, C. (2012).Management and cost accounting. Andover: Cengage Learning. Drury, C. (2012).Management and cost accounting. Andover: Cengage Learning. Edwards, R. and Boyns, T. (2012).A History of Cost and Management Accounting. Hoboken: Taylor and Francis. Follett, R. (2012).How to keep score in business. Upper Saddle River, N.J.: FT Press. Garrison, R., Noreen, E. and Brewer, P. (2012).Managerial accounting. New York: McGraw-Hill/Irwin. Gibson, C. (2012).Financial statement analysis. Mason, Ohio: South-Western. Horngren, C., Datar, S. and Rajan, M. (2012).Cost accounting. Upper Saddle River, N.J.: Pearson/Prentice Hall. Horngren, C., Harrison, W. and Oliver, M. (2012).Accounting. Upper Saddle River, N.J.: Pearson Prentice Hall. Hsu, S. and Qu, S. (2012). Strategic Cost Management and Institutional Changes in Hospitals.European Accounting Review, pp.1-33. Kieso, D., Weygandt, J. and Warfield, T. (2012).Intermediate accounting. Hoboken, NJ: Wiley. Mayes, T. and Shank, T. (2012).Financial analysis with Microsoft Excel. Australia: South-Western. Moeschler, M. (2012).Cost Accounting in Germany and Japan. Frankfurt: Lang, Peter, Internationaler Verlag der Wissenschaften. Petersen, C. and Plenborg, T. (2012).Financial statement analysis. Harlow, England: Financial Times/Prentice Hall. Peterson Drake, P. and Fabozzi, F. (2012).Analysis of financial statements. Hoboken, N.J.: Wiley. Ratnatunga, J., Tse, M. and Balachandran, K. (2012). Cost Management in Sri Lanka: A Case Study on Volume, Activity and Time as Cost Drivers.The International Journal of Accounting, 47(3), pp.281-301. Robinson, T. (2012).International financial statement analysis. Hoboken, N.J.: John Wiley Sons. Robinson, T., Henry, E., Pirie, W. and Broihahn, M. (2012).International financial statement analysis workbook. Hoboken: John Wiley Sons. Schmuck, M. (2013).Financial distress and corporate turnaround. Wiesbaden: Springer Gabler. Subramanyam, K. and Wild, J. (2012).Financial statement analysis. Boston, Mass. [u.a.]: McGraw-Hill Higher Education. Weaver, S. (2012).The essentials of financial analysis. New York: McGraw-Hill.

The Golden Marmoset Essays - Callitrichidae, Marmoset, Lion Tamarin

The Golden Marmoset Golden marmosets, or Leontopithecus chrysomelas, have a mane derived from long hairs on the top of the head, cheeks and throat. The golden marmoset is predominantly black with golden to reddish-orange on the front of the mane, the lower half of the front paws and part of the tail. It weighs about 0.7 kg (1.5 lb). They eat mostly insects and fruit and small vertebrates such as lizards and birds. The female usually gives birth to twins. The golden marmoset occurs in the Brazilian Atlantic Forests.The golden marmoset has only been known from the southern portion of the coastal state of Bahia, Brazil. It was originally found between the south bank of the Rio das Contas and the north bank of the Rio Belmonte along the Atlantic Coast. As of 1981, small scattered populations were known only near Buerarema, Itabuna, Una and possibly Ilheus, in the state of Bahia in Brazil. More than 90% of the original Atlantic coastal forest, which contains the golden marmoset's habitat, has been destroyed or reduced to obtain lumber and charcoal and to clear out areas for plantations, cattle pasture, and industry. In addition, capture for use in laboratories and the pet trade has contributed to its decline. As of 1990, international trade had been reduced, although internal trade was still widespread. Animal Science

Five Ages of Man in Greek Mythology According to Hesiod

Five Ages of Man in Greek Mythology According to Hesiod The classic Greek Five Ages of Man came from an 8th century BCE poem written by a shepherd named Hesiod, who along with Homer became one of the earliest of Greek epic poets. He likely based his work on an unidentified older legend, possibly from Mesopotamia or Egypt. An Epic Inspiration Hesiod was a farmer from the Boeotian region of Greece who was out tending his sheep one day when he met the Nine Muses. The Nine Muses were the daughters of Zeus and Mnemosyne (Memory), divine beings who inspired creators of all kinds, including poets, speakers, and artists. By convention, the Muses were always invoked at the beginning of an epic poem. On this day, the Muses inspired Hesiod to write the 800-line epic poem called Works and Days. In it, Hesiod tells a Greek creation story that traces the lineage of mankind through five successive ages or races including the Golden Age, the Silver Age, the Bronze Age, the Heroic Age, and the present (to Hesiod) Iron Age. The Golden Age The Golden Age was the mythical first period of man. The people of the Golden Age were formed by or for the Titan Cronus, whom the Romans called Saturn. Mortals lived like gods, never knowing sorrow or toil; when they died, it as if they were falling asleep. No one worked or grew unhappy. Spring never ended. It is even described as a period in which people aged backward. When they died, they became daimones  (a Greek word only later converted to demons) who roamed the earth. When Zeus overcame the Titans, the Golden Age ended. According to the poet Pindar (517–438 BCE), to the Greek mind gold has an allegorical significance, meaning the radiance of light, good fortune, blessedness, and all the fairest and the best. In Babylonia, gold was the metal of the sun. Silver and Bronze Ages During Hesiods Silver Age, the Olympian god Zeus was in charge. Zeus caused this generation of man to be created as vastly inferior to the gods in appearance and wisdom. He divided the year into four seasons. Man had to work- plant grain and seek shelter- but a child could play for 100 years before growing up. The people wouldnt honor the gods, so Zeus caused them to be destroyed. When they died, they became blessed spirits of the underworld. In Mesopotamia, silver was the metal of the moon. Silver is softer with a dimmer luster than gold. Hesiods Third Age was of bronze. Zeus created men from ash trees- a hard wood used in spears. The men of the Bronze Age were terrible and strong and warlike. Their armor and houses were made of bronze; and they did not eat bread, living mainly on meat. In Greek and older myths, bronze was connected to weapons, war, and warfare, and their armor and houses were made of bronze. It was this generation of men that was destroyed by the flood in the days of Prometheus son Deucalion and Pyrrha. When the bronze men died, they went to the Underworld.  Copper (chalkos) and a component of bronze is the metal of Ishtar in Babylon. The Age of Heroes and the Iron Age For the fourth age, Hesiod dropped the metallurgical metaphor and instead called it the Age of Heroes. The Age of Heroes was a historical period to Hesiod, referring to the Mycenaean age and the stories told by Hesiods fellow poet Homer. The Age of Heroes was a better and more just time when the men called Henitheoi were demigods, strong, brave, and heroic. many were destroyed by the great wars of Greek legend. After death, some went to the Underworld; others to the Islands of the Blessed ones. The fifth age was the Iron Age, Hesiods name for his own time, and in it, all modern men were created by Zeus as evil and selfish, burdened with weariness and sorrow. All manner of evils came into being during this age. Piety and other virtues disappeared and most of the gods who were left on Earth abandoned it. Hesiod predicted that Zeus would destroy this race some day. Iron is the hardest metal and the most troublesome to work. Hesiods Message The Five Ages of Man is a long passage of continuous degeneration, tracing the lives of men as descending from a state of primitive innocence to evil, with a single exception for the Age of Heroes. Some scholars have noted that Hesiod wove the mythic and the realistic together, creating a blended story based on an ancient tale that could be referenced and learned from. Sources: Ganz T. 1996. Early Greek Myth. Johns Hopkins University Press: Baltimore.Griffiths JG. 1956. Archaeology and Hesiods Five Ages. Journal of the History of Ideas 17(1):109–119.

4.2. American Revolution Essay Example | Topics and Well Written Essays - 250 words

4.2. American Revolution - Essay Example George Washington who is counted in the list of the founding fathers of the country did not have a very comfortable childhood and he became a land surveyor during his teenage. His assessment of land helped him when he became a part of the military. He was made the Commander in Chief of the Continental Army in the year 1775. Following this, he performed his duties in an extraordinary way leading his soldiers to victory eventually. He did not give up hope and kept on pushing for the fight to continue which then became the reason for the surrendering of the British troops in the year 1781. His important decisions during the period of war were the unexpected attacks on the military bases at Trenton in 1776 and at Princeton in the year 1777 2. The success of Washington and his popularity during the American Revolution led him to become the first President of the United States of America in 1789. His services in the war are still remembered and he was an important figure of the Revolution3 (Learning 2008). Blythe, Bob. 2008. â€Å"George Washington.† The American Revolution.National Park Service. U.S. Department of the Interior. 2008. Accessed March 28, 2013.

The Airline Industry Essay Example | Topics and Well Written Essays - 1500 words

The Airline Industry - Essay Example It is very important for any organization to consider the PESTEL analysis before it can engage in marketing its products. This is more important in that it allows companies to plan their future. PESTEL analysis describes a series of macro-environmental factors, which are used in environmental planning. This paper looks at the impacts of government intervention in the airline industry in using PESTEL. It is very important of external analysis when doing a market research since it gives an overview of the different macroeconomic factors, which the industry has to take into consideration. Some of the Political factors considered are the taxation policy in the industry, the laws related to employment, trade restrictions, and regulations on the environment, tariffs, and political stability in the industry. Economic factors considered in this case are economic growth of the industry, changes in interest rates, changes in exchange rates of the industry, and the rate of inflation that affects the industry (Zhou, & Stuart 2008). Social factors considered in their case includes, cultural concepts of the entire industry, health consciousness of the industry, the rate of growth of the population, the distribution of age, careers attitudes in the industry and emphasis laid on safety in the airline industry. Technological factors are also considered in this case and includes environmental and ecological aspects, which determines the barrier to entry in the industry, the minimum level of efficiency and production in the industry which effect outsourcing decisions. Moreover, technology factors cover research and development activities the level of technology and automation incentives used in the industry rate at which technology changes in the industry (Sajeev 2012). PESTEL is a way of analyzing the different environments that affect the industry. Pestel deals with

Castle Television Show Essay Example | Topics and Well Written Essays - 750 words - 4

Castle Television Show - Essay Example As is the relationship of the other characters on the show like Lanie Parish, the resident coroner, and her on-off boyfriend Det. Esposito and in turn, his relationship with his partner Det. Kevin Ryan. The show excels in this aspect because the writers stop to actually develop the back stories of these supporting characters. By giving them their own highlight cases and storylines every so often, the character development becomes a fluid part of the show. It is a move that helps to not only keep the stories fresh but also allow the viewers to take a liking to characters that they would otherwise not care so much about in relation to the main storyline which is the Castle - Beckett romance. â€Å"Castle† is also a show that knows not to take itself too seriously regardless of the gravity of the case. The show-runner, Andrew Marlowe, somehow manages to constantly balance the thrill of the crime with the method by which it is investigated. Richard Castle serves up hefty doses of comic relief at just the right moment every single time. This is also what makes the show uniquely special. Every time comic relief comes out of his mouth, he does so with a bit of trivia or history for the viewers to learn from. Be it a reference to Lady Gaga or a classic film noir, there is always something new for the viewers to pick up on and Google after the show. The characters are more than mere caricatures of people as presented in other crime shows. These characters actually have lives that go beyond the precinct. They are people who make mistakes as real people do. Each person portrayed can be either admired or hated depending upon the story that they are given. Take for example the character of Kate Beckett. She is the resident glamor girl on the show. She looks flawless and elegant on the outside.

Tourism and globalisation

Tourism and globalisation INTRODUCTION The overall world making (tourism and globalisation) highlights the trade which is going on in existing tourism industry. It also explains the effects of globalizing forces of post industrial movement of tourism. Moreover, it also emphasises the function of tourism which helps to produce the new global orders. During the whole session Prof Keith Holinshed have expressed different views towards worldmaking in tourism and globalisation of different authors. Some of the authors have highlighted about Disjuncture and Differences in the global economy, Globalization, Travel Migration and images of social life, Orientalisam, Worldmaking and ethnocentrism in tourism and also about sightseeing and sight exerperiencing from the article ‘intelligent tourist by Horne. Prof Keith Holinshed has also explained about the writing of Meethan who focuses on issues relating to problems of culture commodification in terms of social production of place, culture and consumption. He also shows the re lationship between tourism, globalisation, people and place. Discussion by Prof. Keith Hollinshead in the sessions Prof Keith Holinshed have explained during the Worldmaking session about different writing of authors out of which Colin Michael Hall focuses on tourism which is worlds largest industry and has many major economic environmental and social effects which are politically significant. He also addresses in the book about politics of tourism and gives us knowledge about the problems which are faced in tourism like terrorism and political instability, development and dependency, urban tourism development and its political problems etc. The author Appadurai highlights the relationship of the global cultural economy and globalisation in the worldmaking. He tells that globalization is a way to de-territorialisation but some boundaries are still existing that is he tells that there should be no deteritorialisation. He has divided the world into five dimensions that is ethnoscapes, finanscapes, mediascapes, ideoscapes, and technoscapes. The author Axford says that globalization is a single place . It involves interconnection between some boundaries and dissolving of other boundaries. It is the interaction between economic, political and cultural forces to making the single world. Sardar has explained about Orientalism which is the knowledge of Asian culture, people and languages. He also provides highly original Asian view point and highlights how orientalism has modified and reinvested during the middle ages. (Sardar 1999, 78-4) Keith has also discussed about the importance of World Disney in America. He tells that Fjellmans writings offer a review of the theoretical insights which shows the representation and signification in culture. The representation and significant in making of culture is enclosed in Fjellmans work for commodification.He has also explained about the attention which turned to Fjemllman sees the creative techno-corporate ways in which the Disney companies catch the narratives in heritage/culture and reduce them via his preferred forms of destroy and it purely match to his own national and transnational interest. (Keith 1998. Current Issues in tourism. Vol. 1, pp 58). Meethan Text Kevin Meethan have mentioned about the analysis of tourism as a global phenomenon.It examine the links between the political economy and culture. It also produces a critical analysis of concepts like authenticity, the modern and primitive , and the problem of cultural commodification.It also provides the traditional ways in which the tourism have been formulated and calls for a new approach which concentrates on the role of tourism in dynamics of change and alteration to place and cultures in a globalised world. Globalisation is not entirely the part of international and transnational connections between places but rather include a different order of relationships structured across space and time. (Meethan, 2001, pp 34, ch-2).He has also explained that the production of tourist space which involves the material environment and the socio economic circumstance which give rise to its form as well as shortening symbolic orders of meaning for both hosts and guests. He also mentioned that tourism is best conceptualised as global process of commodificaiton and consumption involving sequences of people, image and culture.Meethan have covered the issues of identity in relation to culture and place and the themes of the place, identity and authenticity which will be investigate the complexities involved in the give and take between the tourist and host population.(Meethan, 2001: 7) .Some chapters have also examine the global political economy of tourist space which deal with a symbolic and cultural economy. He said it is also important to focus on the ways in which tourism used as form of economic and social development and how this in relations to the development of a global economic order. Conclusion: From the whole unit according to me Prof. Keith make us understanding about the issue of globalisation in todays world. He tries to give us the review of how to be a part of Worldmaking and knowledge about inter connection between tourism and globalisation. He also makes us understands the Muslim view western culture through the concept of Orientalism which was written by Sardar.Meetan tries to explain the old traditional view of tourism and he argues transformation of tourism which playes dynamic role in change and reformation of place and cultures in the globalised world. While Hall highlights the negative impact of modern tourism through giving the brief overview regarding terrorism, urban tourism development and political and economic instability. Moreover Meethan tells that after seeing the complexities of modern tourism the tourist and the host population will finally get involved in culture of tourist who comes from diffent countries and different religion. On the otherside Pr of Keith explains us the writing of Sardar as the impact of western culture on Muslim people through orientlaism. He tells that Orientalism has been used as a tool of representation of western culture and impacts on host population through exploring different tools like films, television, fictions and CD -Rooms. Conclusively I would like to tell that Prof Keith has given us a deep understanding about worldmaking tourism and globalisation and how the modern tourism has shown the impact of western culture where they consider the globalisation as a single place in the whole world.

Year-Round Schooling: The Way to Go Essay -- essays papers

Year-Round Schooling: The Way to Go Many people feel that no school should have a year-round schedule because it is not right for children be in school year round. Despite this feeling, many schools have changed their schedule to a year-round one to benefit their students as well as their teachers. Year-round schooling (YRS), also know as year-round education (YRE), is a good way to better students’ education. It betters students’ education by provided more frequent breaks, and giving student opportunites to participate in inter-sessions. The first year-round school in the United States was in Bluffton, Indiana in the year 1904. The purpose of changing their schedule to a year-round one was to increase the school building capacity, student achievement, minimize summer learning loss, and provide remediation during inter-sessions. From then till 1998 and 1999, there have been over two thousand year-round schools throughout the United States, Canada, and the Pacific Region. Year-round schedules can be made up of two types of systems, a single track, and a multi-track with attendance programs or a combination the two. The single track is for the whole student body to follow the same schedule, as well as the staff. The multi-track separates the students and teachers into groups. Each group gets assigned a different track. The benefits of having multi-track programs are less overcrowding, class size reduction, and giving teachers the opportunity to work year-round (Palmer & Bemis, 1999). In addition to single track and multi-track systems there are other various types of year-round schedules. The 60-20 and 60-15, 45-15 and 45-10, and Concept 6 are the most common type. The 60-20 schedule is divided into three 60 day se... ... school calendars offer sports after school, this gives students less time to study and do homework in order to improve, or if the student studies all he or she can, they loss sleep. Having sports offered during inter-sessions gives students more time during the school sessions to study and do homework, plus giving them more time to sleep in order to help them perform better in the classroom. During the frequent breaks, or inter-sessions if teachers opt not to teach, gives them additional time to prepare better lesson plans and have more energy to teach. During the school sessions, because of the frequent breaks in year round schooling, students and teachers get less of a work load in a period of time compared to students and teachers who are in a school with a traditional calendar. This reduces the stress of those teachers and students making everybody a bit happier.

New York Life – Marketing Management Case Analysis

BAB25 – Case analysis 2: New York Life and Immediate Annuities Unlike the old days where a retiree could rest assured that they could live out the rest of their life on their pension and social security checks, the retirees of today receive their pensions paid out in a lump sum that takes the place of the pension check, but encompasses the total amount a retiree has to live on until they pass away. This creates uncertainty in the amount a retiree can spend per month, and if the total amount is sufficient to last them until they pass away. Immediate annuities help to create certainty in the financial situation of retirees. While retirees can be certain that they will receive a social security check each month, the amount of income they are able to receive from their pensions can vary depending on their contribution plan. Immediate annuities are a one-time purchase that guarantees a monthly payment for the remainder of the purchaser’s life. They solve the problem well as they take away the uncertainty of where a retiree can receive their income from, they are the â€Å"ideal vehicle to guarantee retirees a lifetime income† (Rotemberg & Gourville, 2010, p. ). Generally speaking, neither the buyers (the retirees) nor the sellers (agents/advisors) of immediate annuities are very enthusiastic about them. Consumers have several interrelated reasons for not buying immediate annuities. Firstly people are often not familiar with immediate annuities, which evidently causes fewer buyers. Then, buying immediate annui ties means spending a large sum of money as usually immediate annuities cost at least $100. 000 or more. This large sum of money has to be paid at once, while the purchase is irrevocable which causes doubts, most importantly because the retiree does not know if they will live long enough to make the purchase profitable. If not, more money will be put in the purchase than they will get out of it, meaning it is quite a gamble to buy immediate annuities (Rotemberg & Gourville, 2010). The agents and advisors that are supposed to sell immediate annuities, on the other hand, also have their doubts. Investment advisors actively manage their clients’ money. Immediate annuities do not allow for this as it is a one-time investment. This also means that the advisor/agent gets a one-time commission, which is less profitable compared to collecting multiple fees from one client over time for revocable investments (Rotemberg & Gourville, 2010). Additionally, advisors/agents often also do not have enough knowledge of the product, making it very hard to sell. Agents/advisors that do have knowledge of the product often state that immediate annuities are a bad retirement product. Only 9% of financial advisors (strongly) prefer the product, against 64% having a (very) weak preference for it (Morgan Stanley Research, 2007, as used in Rotemberg & Gourville, 2010). New York Life (NYL) has set its mind on growing the Guaranteed Lifetime Income (GLI) business in the future, but faces several possible paths in order to reach this goal. To be as cost-efficient as possible, we think that the company should select its pool of end-customers wisely. The focus on retirees should be maintained and even enforced, as many still do not know the products proposed by NYL. Furthermore, the focus should be broadened to a larger target group, to include the â€Å"typical† customers of the companies, families with children. As noted by Rotemberg and Gourville (2010), NYL tends to build long term relations with its clients, as agents follow them over time and sell multiple contracts to them. We can think that an ageing family would present a â€Å"risk management mindset†, as their children's future is not secured yet. We can hence position the product by presenting it as a safe solution adapted to one's own needs. Differentiating the product from those of NYL's competitors is important; potential clients of GLI annuities should understand the superior benefits of the product. Building on the company's reputation, GLI annuities should be promoted as a long term investment from a responsible company, concerned with its customers and providing long term relations between agents and customers. In order to reach a greater public and change customers' mindsets, we need to strengthen the core components of the company. For this, we believe that the focus should be put on NYL's agents rather than collaboration with investors that would force NYL to compromise on its values and products. While the pool of agents is already significant, only 4000 of them sold GLI annuities, as only 40% of the 11,500 agents had received the training specific to the product (Rotemberg & Gourville, 2010, p. 12). Therefore we believe that the GLI business would grow if all agents are trained to improve their knowledge of the products and hence their services to customers. We believe that the pool of agents should be increased gradually as number of customers grows in order to sustain the aforementioned values of NYL while the price of GLI annuities should not be changed, considering the customized services NYL provides. Instead, they need to focus on convincing customers that they're worth their price as their product is unique. i. e. NYL needs to emphasize the novel aspects of its product to differentiate from competitors', while promotion should be built on NYL's values.

Hi there networking contact... What do you think of my resume ( other things you wish you had never said) - by Mary Elizabeth Bradford

Hi there networking contact... What do you think of my resume ( other things you wish you had never said) - by Mary Elizabeth Bradford I am fortunate this week to share a guest blog from Mary Elizabeth Bradford, award-winning creator of the Job Search Success System. She warns, This article contains some tough talk and will probably offend some readers. Since her article did not offend me and in fact rather inspired me, Im posting it here with Mary Elizabeths blessing! Remember as you read this article, as I pointed out in my article What Do Recruiters Want in a Resume? Answers Within, you only need to impress one person with your resumeand thats the person who hires you! Hi There Networking Contact What Do You Think of My Resume? ( Other Things You Wish You Never Said) How to Network Without Losing Your Confidence or Your Mind By Mary Elizabeth Bradford *Warning: this article contains some tough talk and will probably offend some readers. Sometimes I will have a client call me and share that while networking, they showed their new professionally designed resume to: Their friend or business mentor whose opinion they trust A powerful networking connection A human resources person A recruiter And my client posed the question, what do you think of my resume? Well, a large amount of the time, if you have had your resume professionally written by an experienced and certified writer, the response will be positive. But sometimes they will interpret your question as an opportunity to attack your resume using all their powers of critical analysis – in the name of helping you (gee, thanks). If you have ever been in this situation, you know the result your confidence is shaken; you begin to doubt yourself; the focus becomes that there is something wrong with your resume. You call your writer demanding to know why they used that particular color or font because Suzie who just got a job in the HR department at Target last week knows well that this font color will keep you from realizing your dreams – or at least ever landing a job at Target. Okay, I am being a little sarcastic, but isnt that the weight that we end up putting on all these opinions we open ourselves up to? Some people are very caustic; they will tell you with authority they absolutely know what they are talking about (I have seen this to be true especially with College Career Counselors and recruiters. No offense – just stating fact). So who, or what are you to believe? In a job search, common sense tells us we must preserve our energy, our positive attitude and our confidence. Rather than asking everyone who will give you 5 minutes what they think of your resume, the wisest thing to do is ASK A CERTIFIED, EXPERIENCED RESUME WRITER. This does not mean asking THE LADDERS or JOB FOX, who will give you a free resume critique, and no matter how wonderful your resume is and how much you invested to have it properly done, they will most likely tell you it stinks and you need to pay them $700 to rewrite it. No, I mean going to Career Directors International and looking up the award winning writers, the Certified Writers, the Writers who have their work in reputable Resume and Career books and/or the writers who may specialize in your field. And although this does not completely shield you from conflicting advice, it does dramatically improve your chances of getting a professional and discerning critique of what your resume truly needs (or might already hav e) in order for you to achieve your career goals. Please, refrain from asking everyone what they think of your resume. This opens you up to criticism from people who are may only be partially (at best), qualified to critique how your resume lines you up for your next career move. Instead, get a clear focus of direction on what you want including industry, position title and your driving motivators like ideal companies and positions, your compensation range, where you want to live, and how much you will travel, to name a few things. Couple that with a little research on growing and stable industries. Dont say you are wide open to explore a wide range of opportunities, because in todays job market, you have to demonstrate your value very specifically (this is part of the whole branding thing you hear everyone talking about). You need to demonstrate that you know what you want. This builds your networks confidence IN YOU. You dont have the luxury of being wide open, so please start taking control of your situation and embrace a self-directed and entrepreneurial approach to your job search. This is what is working in todays job market. Once you have your game plan down regarding your focus of direction and where you want to steer your career, ask your friends how they can help you with that. Dont ask them to help you find a job and dont ask them who is hiring and dont ask them what they think of your resume! This is a waste of your time! Learn how to network so that you stay in control of the conversation. I think the reason people hate job searching the most is because they feel they have to take such a passive, submissive role in it. THIS IS SIMPLY NOT TRUE! You dont have to feel hat-in-hand, begging for a job. I teach my clients in my Job Search Success System how to network in a confident and dignified way and they love it. It preserves their sanity, confidence and gets them great results! There is absolutely no reason why you have to roll over in complete submission just because you are in a job search. Do not discount the power of critical feedback! You may LOVE your resume and so do 50 other people, but I have seen it time and time again that a single negative critique will leave you doubting everything you ever thought was true! You cannot afford to go there in your job search! Its not the most exacting comparison, but will 50 people look at a piece of famous art from an abstract expressionist and have the same exact option about it? I think you know the answer. If you have not had your resume professionally written and you want someone to critique it, your best and safest bet is to go to Career Directors International and look for help and support there. Generally speaking, resume writers are a heart-centered group (especially women) and they find genuinely helping others get what they want in their careers deeply satisfying. You have a great shot at talking to a person who really cares and can really help you at CDI. Writers who take the time to obtain difficult certifications and pay money to keep them current every year generally take their career as seriously as you probably do. And in an unregulated industry such as Career Services, you need that insurance to help protect your interests and investment. If you HAVE had your resume professionally done, then I will share with you what I share with all my clients, which is this you need 3 main things in your job search to be successful: A clear focus of direction. A great resume and value proposition (cover) letter that supports your focus The right job search strategies As a general rule, after you have paid a certified writer to analyze your career situation and craft you a resume to get you where you want to go, your entire focus should be on the right job search strategies. I am primarily focused on showing my clients how to go direct to companies by tapping the hidden job market because it works so well, but every job search is different and some job search strategies will work better than others. You may take a multi-pronged approach to your job search strategies, which could include recruiter, venture capital and/or private equity firm distributions, direct mail, targeted networking, working through associations, and learning how to use social networking like LinkedIn to land interviews, to name a few. [These strategies are all taught in the Job Search Success System, an easy, affordable way to get the advice you need). In closing, I have not seen it beneficial for you as a job seeker to hold up your resume and state WHAT DO YOU THINK? Not because I as a writer am trying to avoid criticism, nor because I am trying to protect other professional resume writers. And I am not stating that there might indeed be things in your resume that need improving. But if you want the right advice, your safest bet is to go to the experts. Doing otherwise may derail you and detract from your ultimate goal.

Business Visits London Oxford U Warsaw Essay

Business Visits London Oxford U Warsaw Essay Business Visits London Oxford U Warsaw Essay London/Warsaw/Oxford University, July 2014 Please answer the following exam questions and submit your write-up through SafeAssign at Blackboard by July 20th. Question One (1): â€Å"Explaining the Decline of the British Economy,† McGraw’s three contrasting views Answer: Document 2 most closely aligns with the views of Yergin and Stanislaw in The Commanding Heights? First step for me was to break down the key tenets of all four documents briefly described in Table 1, which support my analysis written after the table. Table 1: Compares the key point made is each of the four documents cited: â€Å"Explaining the Decline of the British Economy† â€Å"Commanding Heights†, Yergin, Stanislaw Doc 1: Neoclassical, Sandberg, key points: Doc 2: Institutional Perspective, Elbaum, Lazonick, key points: Doc 3: Why has Britain â€Å"Failed†?, Dahrendorf Chapter 4, â€Å"The Mad Monk: Britain’s Market Revolution† Incompetence Decline in industrial competitiveness Homogeneity of Japan, Singapore Inflation from 7% to 24% Poor leadership Laggard Social ethics Tax rates exceedingly high irredentism Decline per capita income Political values Decentralized management Slow tech â€Å"British disease† â€Å"relegation zone† No national industry strategy Labor costs Neg. entrepreneurship GNP 16 competitor nations Labor unions: conflict, strikes, high wages Labor unions Complex global changes Empire’s sun setting â€Å"Maggie’s back in town†; confidence End of colonialism Too conservative Industry revolution moved on to GE, US Laggard initiative, enterprise, and entrepreneurship Comparative advantage (-) Atomistic – many reasons Still has niche qualifications Slowed demand, slow growth Foreign competition Nepotism, 3d gen aristocracy No EU marriage Torpid socialism, lethargy Resource paucity Poor accounting Talent emigrates Societal complacency Globalization begins No systems approach Brain drain Destructive downward spiral Wealth distribution Organization insufficient Aristocracy v. serfs Crises: war, fiscal, industrial World is changing Regional, vertical specialization Entitlement Controlled inflation with supply v. demand Inefficiency Products narrowly distributed Some mobility OK Oil crisis Mgt errors, mistakes Small staff, untrained family management Solidarity v. individualism Coal miner strikes Buyouts Inevitable global change; momentary confidence post-Falklands Not failure, but relative decline Statism, too conservative Scale, scope (-) Entrenched institutions No â€Å"rat race† Wealth sought for the nation, not individuals Emergent markets Robust invest. Banks in London Emulation v. origination Falklands temporarily restored confidence; incentivized for a few years Loss of entrepreneurship Firms used family  £ or SE Balance of payments skewed; overspent, overtaxed High corporate taxes Hierarchical oligopoly Keynesian full employment All facets centrally controlled â€Å"Nanny state† repudiation Corporate capitalism Free market v. monetarism Unions, labor, strikes Should have assaulted consensus thinking Euro-colonial ends, aging Insufficient long-term planning Complacency v. transformation Techs became second class Poor quality end products Irreversible historical forces Question One (1) (cont.): Britain’s decline can be explained objectively. However, in the aggregate, â€Å"British disease† was inevitable, and an irreversible sign of changing times in international commerce. Many global and domestic factors beyond Britain’s control included decrease in demand at home, unsophisticated capitalization and foreign investments, and inept management. From 1870 forward there was a burgeoning transition of wealth and power facing Britain leading up to both World Wars, when the US emerged as the global power. The decline in Britain can be compared in many ways to the demise of the Phoenicians, Greeks, Tripoli, the Dutch, and Ottomans to cite a few other historically temporal entrepot-trade and seafaring nations and city states. Each in time were eclipsed by

Manufacturing Materials and Technologies Essay Example | Topics and Well Written Essays - 1500 words

Manufacturing Materials and Technologies - Essay Example In most industries carbon fibre reinforced polymers is replacing aluminium and steel. Some of the vehicle manufacturers are making use of Carbon fibre reinforced polymers in their some modals. However, some other vehicle manufacturers like Ferrari, have tested carbon fibre reinforced polymers and other composites and evaluated that aluminium is better due some properties. Carbon fibre reinforced polymers are several advantages over conventional materials. It is strongest composite material and the material formation can be altered to suit various types of applications. Several layers of carbon fibres are applied to make the carbon fibre reinforced polymers strong enough to support ant type of application. Carbon fibres can be used in combination with aluminium, Kevlar, glass fibres and other metals to make the materials durable and attain more density to mass ratio. Unlike metals Carbon fibre reinforced polymers show low thermal expansion behaviour. It has less impact of hot or cold weather. Moreover, carbon fibre reinforced polymers has better thermal insulation properties as compared to metals (Sauder et al. 2002: 503). Aluminium, copper and steel are known bets for thermal conductivity. It is has very less density. When it comes to tension bearing capability, carbon fibres can bear an immense tension. None of the materials has the capability to bear such tension as that of carbon fibres according to the density of the fibres. Carbon fibre reinforced polymers are non corrosive materials. Theses materials can sustain the harshest corrosive atmosphere. In this way, the materials are good for the chemical industries. These materials can replace metals which are highly corrosive and weakens the strength of the material. Theses polymers are good conductor of electricity (Selzer and Friedrich 1997: 595). Carbon fibre reinforced polymer is very light material yet strong enough for any purpose. It is 10 times stronger than

Strategic Human Resources Planning Research Paper - 1

Strategic Human Resources Planning - Research Paper Example Corporate expansion is an issue that aims as wining a larger market share with the aim of increasing sales and hence more profit. Though to many business organizations corporate expansion is aimed at making more profit, it is not always the case. It is an act of risk taking with speculations that objectives will be achieved. When the expected outcome is not realized, the organization gets a big loss. This is the reason why Ericson (2007) depicts that despite the fact that corporate expansion is a fundamental form of strategic variation for business entities, it is the least understood outcome in the business sector, in which incentives, and constraints abound. For Hilton Hotel to achieve organizational expansion successfully, several financial actions must be taken. Obviously, in expanding into new markets, one of the main reasons is to beat growing competition. This means that proper planning must be factored in. Since the main objective of corporate expansion is to typically bettering existing corporate performance through increased profitability, enhancing business growth, and increasing the chances of survival in the market, several financial actions must be taken. To begin with, the organization must have evaluated the potential clients thus must establish land where the infrastructures will be build. The amount expected to set up a hotel is notably high. For high-class hotels like Hilton, the amount of money required is relatively high. This is because the organization is aimed at accommodating high-class people meaning that expensive materials are required. When the Hotel is already established, it must be equipped and the necessities put in place. These include food and accommodation facilities. In such a case, money will be crucial to ensure that the standards of Hilton Hotel are maintained. This aspect comes in as a form of production where by more finances are set aside to provide more and

Art and Architecture in 5th Century Athens Essay

Art and Architecture in 5th Century Athens - Essay Example Athens generated some of the most significant and lasting cultural artifacts within Western tradition at a time when it was able to subdue its enemies, and enhance its political fortunes under the guidance of statesmen and orator Pericles. Historians perceive the Athenian 5th and 6th centuries BCE to be the Golden Age of architecture and sculpture. During the period, the ornamental elements and the technique utilized did not differ significantly from the previous period (Kinzl 84). Majority of the works were religious in nature and featured temples and sanctuaries. The Parthenon represented a symbol of the Golden Mean; a time in which architecture, arts, vase painting, and sculpture thrived and every of the art forms benefited from interactions with other art forms. The patron goddess of Athens joins architecture with, and sculpture to shape a whole that mirrors the Golden Mean, the Greek pursuit of harmony, order, and balance. The entire of urban Athens features a system of huge wal ls, which guaranteed that Athens was always open to the sea, and only enemies (naval force) with superior to her unparalleled fleet could succeed in cutting the city off from vital supplies (Pedley 37). Phidias created colossal gold-plated marble statues that remain highly commemorated and admired. #2 How extensive reformation and reconstruction of the city demonstrate a return to the sanctuary and civic center designs of the 750-450 BCE? The autonomous city-state ruled by diverse aristocracy in which contacts were rich from diverse points of view social, cultural, and commercial. The restored sanctuaries feature refined sculptures, paved roads, and agora as highlighted by the temple of Poseidon and Temple of Hera. The extensive reformations and reconstruction of the city of Athens highlights a tendency to return to or a deviation from the sanctuary and civic centre designs ranging from 750-450 BCE. Examples of prominent works at this period entail reconstruction of the Temple of Pl ympian Zeus, reconstruction of the Temple of Apollo located in Delphi, and the reconstruction the Acropolis of Athens. This is most apparent at the Elymian site of Segesta, a location where the Elymians started to construct a Doric temple within the 5th century BC, whereby the reconstructions mirror the religious and civic centre designs in the period ranging 750-450 BCE in terms of (1) foot style; (2) exterior decoration; (3) underside treatment. The Corinthian foot style comprises of a flaring ring that might also be molded, whereas the Attic style comprises of a â€Å"tire-shaped† torus ring foot (Whitley 11). The decorative elements are notable owing to their conformity to the sanctuary and civic centered designs ranging from 750-450 BCE. #3 How the Athenian Acropolis and Agora reflect and Athens that considers itself part of the Greek unified world The Athenian Acropolis can be regarded as the most lavish, technically superior, and programmatically cohesive temple within Greek mainland and represents a fitting commemoration of the Athenian’s remarkable and unexpected victories during the Persian wars. Persian wars had thematic significance to the art of Classical Athens, as well as the building program on the Acropolis. The buildings and monuments also avail a broad range of testimony to the sacred character of the Late Archaic Acropolis. The Acropolis of Athens represents an ancient citadel situated on an elevated rocky outcrop within the city of Athens, and detailing the remains of a number of

Biblical World View Essay Essay Example for Free

Biblical World View Essay Essay In The Essence of the New Testament: A Survey, Towns and Gutierrez, the authors concur with other Biblical scholars understanding that â€Å"the teaching of Romans is not only crucial for Christian theology, but the greatest revivals and reformations throughout the history of Christianity have resulted from an increased understanding and application of the teaching of this epistle† This essay will attempt to summarize how the first 8 chapters of this amazingly written Book of Romans shapes my own personal Biblical worldview. I will first look at 4 areas in which Paul specifically presents clear evidence to his readers of the truth of the Gospel Message. The first area He presents is in regard to the natural world that surrounds all mankind. In Romans 1: 19,20 Paul writes â€Å"For what can be known about God is plain to them, because God has shown it to them. Ever since the creation of the world his eternal power and divine nature, invisible though they are, have been understood and seen through the things he has made. † I remember as a child in Sunday school that I was often taught about God by looking at natural world that surrounded me. The sunrise, the rainbow, the oceans and many more wonders that pointed me to a God who was not only very powerful but very loving, too. He gives us rain so the soil can produce food and sunlight to give warmth and water to provide life to every living thing He created. Paul presented this basic truth about God because all mankind can easily relate to the amazing natural world that affects his of her everyday life. God has created an amazing order to His World so man must know that the world they live in is a divine creation. Seeing God in nature is not only evidence for me that He is real, but also I see this natural world as another of the beautiful gifts that He gives us to enjoy. And for me, it is a strong reminder each day that God loves me. The second area Paul focuses on is our own human identity. Mans identity is built on what he has clearly seen in nature. So, Paul quickly moves to point out that once humans have experienced Gods creation and they choose not to  honor Him â€Å"They are without excuse; for though they knew God, they did not honor Him as God of give thanks to Him, but they became futile in their thinking, and their senseless minds were darkened. † Romans1 :20-21. Paul goes on to list the many sinful ways of the darkened minds that chose not to honor God. The inspired list of sins that Paul declares leaves no room for any man to truly believe that he is without sin. It is in that list of sins that Paul shows the separation of all mankind from God. It is only in that place of acknowledgment of sin that man can begin to understand his or her human identity. My own human identity is shaped more and more each day as I choose to stand before God acknowledging that I am a sinner. I have a world view that is changing to become more understanding of the need to spread the Gospel message because of my increased awareness of my own sin nature. The third and forth areas of Pauls writing in Romans builds on the first two. Now that mankind has had the obvious evidence of the existence of God in Nature, and now that mankind has seen that he fits somewhere on the list of behaviors that do not honor God, Paul moves on to point out the affects of ungodly living. Mankind began to worship idols, and humans turned against each other as the result of turning their hearts and minds against God. Because of mans choice to turn from God, the sinful nature of man was as plain to see in the culture of the day as was the nature of God was plain to see in the natural world He had created. Any man whose heart was not completely heartened could begin to see that Paul†s message about God was full of truth. When I look back at the times in my life when I have lived without God. Or when I live knowing Him without really realizing that He is in control, not me; I begin to feel the emptiness that living without Him brings to me and those around me. Not only emptiness, but sometimes total chaos due to lack of purpose. As I realize my own personal struggles with faith, I can see how this world needs a savior, too! Paul presents evidence of a people and of a culture that has turned from God. As the Jews put themselves above Greeks and dissension grew among so many different cultures, the will of God had become lost. Pauls writing in Romans made clear what Gods will is for mankind. To summarize, Paul presented a biblical world view in Romans that no man could truthfully reject. God can be seen in nature. Just as God can be seen in nature so can the sinful nature of man be seen in culture we live in. All mankind knows this truth in their heart yet all men refuse to totally honor God. â€Å"Since all have sinned and fall short of the glory of God;† Romans 3:23 Paul sets the stage for mankind to accept the Gospel message of forgiveness of sins through Jesus Christ. Thank God for the inspired writing that is the Book of Romans. It can inspire all its reader to take a trip on the Roman Road to Salvation.

Propeller Aircraft Past Present And Future Technologies Engineering Essay

Propeller Aircraft Past Present And Future Technologies Engineering Essay This is a preliminary report for a project on Propeller aircraft, it aims to show the past, present and future technologies used on propeller driven aircraft. The introduction gives a brief history of propeller engine development. After which objectives section explains what this report hopes to achieve by the end of this project. Few of the main objectives include, highlighting the advancements in propeller blade designs and propeller engines, and detailing the future technologies currently in development regarding propeller aircraft. Also it is intends to explain the argument why propeller aircraft are better suited for intercity travel when compared to jet aircraft due to overall lower environmental pollution. This report then describes the tasks that need to be carried out in order to bring this project to a timely conclusion, the progress that has been made to date and finally limitations regarding this project are outlined and mitigating strategies discussed. Table of Contents Word Count = 2133 1 Introduction Propeller aircraft have come a long way since the early days of fixed pitch wooden propellers that were used by the Wright brothers on the Wright Flyer. These propellers were not very efficient as they were fixed pitch, which meant that they were only optimum in at one engine speed. I.e. either they were good for takeoff but the angle was not right for cruise or they were optimum at cruise but not efficient during takeoff due to high slippage. Figure 1 shows some examples of fixed pitch propellers o different designs. Figure 1, Examples of fixed pitch propellers. Available [Online] at http://www.airfieldmodels.com/information_source/model_aircraft_engines/propellers.htm [Accessed: 23rd November 2010] 1.2 Historical Developments In the late 1920s we saw the development of ground adjusted metal propeller this allowed for better efficiency as blade angles could be changed due to the local weather conditions and the different type of aircraft they were being used on. Figure 2 shows a ground adjustable metal propeller. Figure 2, Ground adjustable propeller. Available [Online] at http://www.legend.aero/options3.asp [Accessed 27th November 2010] These also became outdated by the development of constant speed propeller system, which allowed you to change the pitch of the propeller blades during ground or in flight and this system continues to be used even today. Other improvements of propeller designs from 1930s through World War II included the feathering of the propeller for multi engine aircraft in case one engine became inoperative during flight; and reversing propeller systems that allowed for shorter landing distances and greater ground manoeuvrability. (Delp, 1979) In recent times we have seen the development of composite blades, which are lighter, stronger and more durable then metal blades and are controlled by constant variable pitch changing mechanism which offer optimum efficiency. As the design of the propeller blades have been changing constantly so has the way these propellers have been powered, from the early piston engines to the turboprop engines of current times; each change ensuring better performance and more efficient propeller aircraft. Though the development of the Jet engine in the 1930s by Sir Frank Whittle, an RAF serviceman was suppose to change the game plan for propeller aircraft as turbofan engines were perceived to be the only future, turboprop engines have defied those expectations and are still continued to be used till today. The reason for this is that they provide maximum efficiency in low altitude, short range flights such as city hopper jets. These are usually operated from smaller airports hence the short takeoff and landing (STOL) characteristic of these aircraft gives them the edge over the turbojets. They are also more fuel economical when compared to their turbofan counterparts as the latter burn high quantity of fuel during takeoff and climb out phases and are usually optimum for long range, high altitude flights, due to this they are also ideal as fright carrier aircraft. So for these reasons turboprops continued to be used by many airlines for short haul flights, and hence therefore continue to defy the prediction of those sceptic people who said that propeller aircraft would die out as turbofans were the clear cut future of civil aviation. Figure 3 shows a modern day constant speed, composite bladed turboprop aircraft, from this we can how the design of the blades and pitch changing mechanism s have evolved from the early wooden and metal props. http://images.asme.org/MEMagazine/Articles/2009/December/21224.jpg Figure 3, Constant Speed Propeller, Available [Online] at http://images.asme.org/MEMagazine/Articles/2009/December/21224.jpg> [Accessed] 1st Dec 2010]) 2 Aims The aim of this project is to provide an in depth report of the development of propeller aircraft and their associated benefits over jet aircraft. To highlight why turboprops are best for inter city travel and their relative environmental impact when compared to turbojets, this will be done by analysing the statistical figures for their fuel efficiency, the average fuel emissions per person and the noise emissions of the two types of aircraft; from this one will be able to come to the conclusion that which of these type of aircraft are best to reduce the environmental impact of air travel. Also the past, present and future technologies for propeller aircraft will be discussed and presented to the reader clearly explaining their benefits. 2.2 Objectives The objectives of this report are listed below and explain the issues that this report is going to investigate and the findings it will show. To explore the development of the propeller engines from the early piston engines through to the modern day turboprops. To examine how propeller blades have developed over the years from the early wooden to the composite blades of today, including studying the development of variable pitch changing mechanism that has significantly increased propeller efficiency in each different flight phase. To highlight the benefits of propeller engines over jet engines for inter city travel aircraft and freight carriers. To investigate the fuel efficiency and noise emissions of different types of propeller aircraft, in particular turboprop. To investigate the future technology being developed using propeller aircraft, such as the open rotor concept that was first studied in the 1980s by General Electrics and NASA due to the last round of high fuel prices. To highlight the benefits and drawbacks of distinctive propeller A/C designs, such as the tilt-rotor technology that is employed on the Boeing-Bell V22 Osprey. To analyse future methods and procedures that could be used to reduce the environmental impact of propeller aircraft such as external noise suppression, synchrophasing of propeller blades and active noise control. To investigate the different fluid dynamic studies that have been carried out on various different propeller designs to show which design is the most efficient and why. 3 Analysis of tasks To achieve the objectives of this report extensive research on propeller aircraft will be carried out, especially regarding turboprops. A performance database listing all the appraisals for major turboprop aircraft that are being used in commercial and military environments will be constructed. This will make it easy to compare the performances of different turboprop aircraft against one another of different category and weight i.e. their fuel consumption, ceiling height, max speed etc. In order to highlight the benefits of turboprops for intercity travel, turbojets used for the same routes will also be looked at, in order to give a direct comparison. To investigate the development of propeller engines, propeller blades and the pitch changing mechanism the following textbooks will be used amongst others: Aircraft Propellers and Controls, Delp, Frank, 1979 Powerplant Textbook, Jeppesen, 2002 Jet and Turbine Aero engines, Gunston, Bill, 1997 As well as these books other sources such as the internet and aircraft magazines are to be used. The internet will be the main source of information for this report as it contains vast amount of data and archives related to propeller aircraft and their development, information that otherwise would be hard to find. After the research is completed into each part it will be collated into one report. The main findings from this report are expected to show whether propeller aircraft or jet aircraft have lower environmental impact during short haul flights. Future technologies involving turboprop engines will also be included; in particular the development of the General Electrics GE36 open rotor engine of the 1980s which gave us increased fuel efficiency. Figure 4 shows a GE36 on a NASA test rig. The major drawbacks for this design such as noise, vibration issues will also be discussed in the view of reducing environmental pollution. (Open rotor engine, 2008) Photo Figure 4, Open Rotor Engine [Online] Available at: http://www.greencarcongress.com/2008/07/cfm-introduces.html [Accessed] 3rd December 2010) The fluid dynamic studies involving different propeller designs will be looked at to see which blade design is the most efficient and to explain the reason behind this. If time permits Solidworks will be used to simulate fluid dynamics on at least two different blade designs to confirm these findings. 4 Gantt Chart 5 Current status of the project Research has been carried out using various internet sites and information has been gathered on the development of propeller engines, the blades construction and the pitch change mechanism used on propeller aircraft. Also a database appraisal of different props that are currently in use around the world is being constructed, detailing information such as range, max payload, max ceiling etc; this will be used to validate why propeller aircraft are more economical for short haul flight when compared to jet aircraft. Research on the ultra high bypass (prop fan) open rotor concept has shown that the new designs by using titanium, lightweight stainless steel and composite materials offer 15 percent better fuel economy then some leading turbofan engines. The designers for this engine have achieved 30:1 bypass ratio, by employing single or dual propellers with composite blades that have 12 to 15 feet diameter. As composite blades are lighter, they allow for safer operation at higher speeds. But the disadvantages of noise, vibration and maintenance issues cannot be simply overlooked. This information has helped to clarify why this design has the potential for success but also why it is still a long way to becoming a reality. (Jeppesen, 2002) The Bombardier Q400 (Q standing for Quiet) was looked at and shows that this new generation turboprop aircraft produces 30 percent less fuel emissions and is said to be more efficient then an average car, when calculated on per passenger basis. It also employs a revolutionary Active Noise and Vibration Suppression system; that prevents noise and vibration from entering the cabin. (Bombardiers Greener Turboprop, 2008) 6 Discussion Conclusion The research that has been conducted up to now is generic to say the least, but it does cover most of the objectives that are listed for this report. Nonetheless, more specific research is needed regarding points such as the future development of propeller engines especially the open rotor concept; and the potential noise suppression techniques being studied for turboprop aircraft. Research regarding the last two points will have to be conducted over the Christmas holidays as much more information is needed, whilst it is to be ensured that enough time is also taken out for revision for end of semester exams straight after the holidays. In view of the time constraints the study on fluid dynamics of propeller blades using computer software Solidworks will be carried out towards the end of the project, this is to ensure that main objectives of this project are covered as it is assumed that it will take time to get used to operating this software. The purpose of this part is to show which propeller blade shape is most efficient and why. Due to the secrecy of manufacturers regarding their new and exclusive products, especially in the aircraft industry; it is presumed that it will be difficult to get up to date information such as figures and stats for developing technologies such as the open rotor engine being developed by GE and NASA. Along with the already developed tilt-rotor military AC from Boeing-Bell, so therefore general information that is available in the public domain such as on the internet will be used, but the drawback to this is that this information might not be 100% accurate and sometimes cannot be verified. Finally if this report is to be completed on schedule to meet its set objectives then the above mentioned points in this section should be sufficiently addressed on the earliest opportunity to allow time for the fluid dynamic research.

Use of Computer Technology by Law Enforcement Officers :: Exploratory Essays Research Papers

Use of Computer Technology by Law Enforcement Officers When it comes to fighting crimes, computers are the most helpful source law enforcement and security officers have. They help track where a suspect could be, where they used to live, past jobs, past criminals record, etc, and they keep track of all criminals. Computers keep records of everything; for example: fingerprints, pictures, information about a suspect, etc. Security personnel use computer technology to help catch thieves, cheaters, embezzlers, and so on. Computer technology is very important in today’s society. Many businesses use computer surveillance to keep people from stealing from their businesses. Video camera’s almost always can catch people who are trying to shoplift, if a store did not use a video camera, the person trying to steal would more than likely get away with it ninety nine percent of the time. Computer’s also help in a way so that pictures can be printed off of a suspect and posted in many areas so that people will be aware of who they are to be looking for. If we did not have the printer today, no pictures of suspects would ever be posted, and many criminals would get off scot-free! Law enforcement use computer technology to keep track of convicts everyday. They keep on record the day someone was sent to prison, and they have on file the day they are supposed to be released. Also, computer technology helps the public be able to know if they have an ex-con living in their neighbor, all they have to do is look it up online for their area! If computer technology was not available, you could have a child molester living right next door, and not even know it! And to too me, that would be very scary! Law enforcement use computer technology to help match up fingerprints they have recovered from a recent crime scene. If there were no computer, the person who left the prints would never be found because law enforcement would not be able to link the prints to any one person. Today, police officers have little computers inside their vehicles so that if they so choose too, they can scan your license plate while driving behind you to see if you have a warrant out for your arrest, see if your

Explain the Relationship Between, Entrepreneurship, Innovation and Economic Development Essay

Joseph Schumpeter formally regarded the understanding that entrepreneurs are often innovators, bringing new, improved goods and technologies to markets, creating new niche upcoming solutions and delivering them into new markets. Entrepreneurship focuses on the creativity, moment of inspiration, the why when and how of certain opportunity recognition. According to Schumpeter â€Å"the role of entrepreneurship is implicit as an underlying cause of innovation. However, innovation is not solely the domain of entrepreneurs† – The idea of Entrepreneurship somewhat relies on the effective means of innovation. The concept of innovation allows the development of new ideas, inventions and their making come to pass. Economic development undertakes the adoption of new market technologies and industry based economies to see and improvement in economic standards as well as an increase in the net gain of money flow. In regards to the three ideas of entrepreneurship, innovation and eco nomic development I will discuss why I believe they co-exist. Where sustainability fits in is that increasingly our society is becoming more aware of its day-to-day actions with respect to the environment around it. It is becoming increasingly important topic on businesses agendas as without a scope for future revenue streams, the very nature of what they do will not be feasible. Increasingly these days if a business is to be economically viable then sustainability has to be engrained in its model. Schumpeter progressively demonstrates the fundamental view of behaviour from an entrepreneurial point of view and how it must coincide with that of the innovative. In the book ‘The Entrepreneurial Mind’, Jeffry Timmons defined entrepreneurship as â€Å"the ability to create and build something from practically nothing.† This shows that without innovation and ideas entrepreneurship cannot come to pass. Innovation is taking an idea and bringing it to market, however market attractiveness, size and dynamics are all important components and thus theory of entrepreneurial understanding plays a vital role in success The view that (radical) innovation is helpful in the promotion of growth through economic development links to the Schumpeterian understanding of ‘creative destruction’ – presupposed that it is the forceful differential that imposes a separate angle of economical structure, commonly replacing the old and imposing the new. The theory of radical innovation ties in consistently with this theory, however to fully understand the ideology behind innovation we must look at the various types. The two main types of innovation are incremental and as mentioned radical. Incremental innovation consists whereby the improvement of products, ideas, and strategies are put in place –often seen through the use of extension strategies. Positively speaking, incremental innovation helps to increase efficiency of products or services, by maximising the lifetime within their life cycle (short term innovation) and focusing on exploitation competencies. However in terms of long run economic value for development it may struggle to coincide with increases or dramatic changes in population and improvements of technology as two examples; especially in less economically development countries, thus limiting the innovative nature of an idea or action. On the other hand and more understandably tied in with entrepreneurship, we must look at radical innovation. â€Å"Radical innovation creates such a dramatic change in products, processes or services, that they transform existing market or industries, or create new ones.† Radical innovation looks to provide something new, accompanied by a disruptive or discontinuous quality that uproots markets and creates significant change within industries. This ties in coherently with entrepreneurship due to the fact that it is often these creations and innovative ideas that entrepreneurs use to bring good and services to the market place. Innovation encourages the go-forward, propelling economic development. New creative industries, as well as new firms originate from the entrepreneur causing old companies providing goods and services to react and adapt to market change, in turn leading to a development economically in both the short and long term. The drive to compete and push costs down is what compels market breakthroughs, changing market tastes, fashions and demands which play a role in the success of entrepreneurs. This change is what helps to bring about economic development and through demand and supply problems/wants being solved. It is not only innovation that an entrepreneur provides, yet everyday management and corporate social responsibility that eventually drives success and helps to maintain the sustainable goal. Peter f. Drucker define entrepreneurship as a ‘systematic, professional discipline available to anyone in an organisation’ – Drucker believed that entrepreneurship wasn’t just from an individual, yet it could be introduced systematically by firms and businesses i.e. Corporate Entrepreneurship. Drucker understood that entrepreneurship did not just have to be from initial start-up business but could occur within established organisations as well through management styles and development strategies. In relation to Schumpeter, he regarded development economically as the carrying out of different or new combinations. He developed this concept creating five cases saying that ‘ The introduction of a new good; The introduction of a new method of production; The opening of a new market; The conquest of a new source of supply or raw materials; The carrying out of the new organisation of any industry.’ All of these cases regard the process of economic development and through the structure that Schumpeter has developed we are able to denote the cyclical relationship between entrepreneurship, innovation, and economical development throughout each stage with the ultimate goal of progression in the market place to eventually maintain a sustainable position. I will now explain the importance of innovation with respect to its significance and enhancement of economic development. For the ongoing push to encourage and create economic development, innovation plays a key role as the appearance of new ideas to smaller less mature companies, especially in less economically developed countries. This is due to the fact it helps to promote the gap between a less economic developed countries and more economic developed countries. In their book ‘Entrepreneurship, Innovation, and Economic Development’, Adam Szirmai and Wim Nadue view innovation as ‘intimately tied in with changes in structure of the economy, technological increases in production and eventually more added value for global gain’ Common components such as product and process advancements through technology, as well as lowering cost barriers, innovations have become an important asset to firm success and competitiveness. Innovation through technological change proves to be embodied within machinery, equipment, and more specialised work forces. Other advances in research and development, and improved efficiency working environments have also helped to improve total economical productivity, ultimately leading to increases in development. Increases and development in the above not only improves the quantity of output within an economy, it also helps to advance the quality, delivery, and nature of a good or service. The continued increase of economic development creates higher output abilities for business that is ultimately fed back into the economy starting from the bottom and working its way to the top. An example of how entrepreneurship, innovation and economic development are linked can be shown from the internet site/service, Amazon created by the American Entrepreneur Jeff Bezos – offering an internet based approach, allowing customers to purchase books online. The radically innovative idea led to many traditional bookshops being put out of business, and its ability to hold a larger amount of books to a high street store, decreasing book store sales by 40%. Jeff Bezos saw the growing use and development of the internet, and decided to use this as a platform to launch his risky yet transformational idea of Amazon. The fact that Bezos saw this gap in the market and took the risk to launch his innovation makes him and the business entrepreneurial. The core competencies of Amazon allowed it to contribute it to economic development. One reason is due to the fact that it allows business and consumers to save time by being able to look and purchase for products on Amazon quickly and efficiently without having to go to stores or spend time search for them. It also contributes to economic efficiency due to the fact it allows companies to find goods at the most competitive prices and hence drives out firms that are uncompetitive. Going back to my emphasis on the increasing importance of sustainability, the ‘World Commission on Environment and Development’ say that ‘Sustainable Development meets the needs of present without compromising the ability of future generations to meet their own needs’ – A vital consideration in this link is the goal or guide at which business as well as whole industry produce a good or service to a sustainable degree. Sustainability in this sense ties in with two concepts; meeting the needs of the poorer countries economically, and secondly the thought of limitation created by new technology and social footprint within the environment and its ability in the future. The obvious link between the former subject topics of this essay relate significantly to the topic of sustainability in the sense that each rely on future generation for further development, and also must maintain sustainability one way or another. Within his book ‘Beyond growth: Economics of Sustainable Development’ – Herman E. Daly saw sustainable development as ‘development without growth, that is without throughput growth beyond the regeneration and absorption capacities of the environment’ (pg13, 1997) – this view of sustainability sees economic development in a different category to that of growth. Therefore, the initial entrepreneurial idea that may have been developed through either increm ental or radical innovation will need to maintain being sustainable in order to create development economically in both the short, but more-so the long run. In conclusion it seems evident that without the inherent relationship that exists between the three main ideas of entrepreneurship, innovation and economic development none of them would completely flourish. The involvement of sustainability also plays a key role in this tightly knit relationship – the direct influence that sustainability has it extremely important as business in today’s world have a focus point on developing economically whilst being sustainable for themselves, and investors. I feel that in the future especially in the near future firms that do not involve themselves sustainably will find it difficult to compete within the market not having prejudged future needs and wants from consumers. This will evidentially create a firm to be less competitive in the long-run. Schumpeter stated ‘A firm can never be perfect in any sense, yet it in time approaches a relative perfection having regard to the surrounding world and social conditions’  œ The ability of entrepreneurs and business’ to understand that sustainability is vital at an early stage will enable them to source information and models to follow. I feel that even though the symbiotic relationship between entrepreneurship, innovation, and economic development must tie in subsequently with sustainability it is a process that can be adapted throughout the innovation stage, and well as during economic development, and that entrepreneurs must not take away wholly from the prospect of growth and profit in such a way that may eventually negatively impact an idea, or a firm in the long-run. This fundamental relationship demonstrates the need of positive conductivity between each other, and I think that unless this is not achieved then economic development and market retention will not be held. Thus evidently I feel the focal communication between each stage must remain if an ultimate goal is to be reached economically and in terms of sustainability. References: Adam Szirmai and Wim Nadue (2011). Entrepreneurship, Innovation, and Economic Development. USA: Oxford University Press. p8. Advameg, Inc. (N/A). ENTREPRENEURSHIP. Available: http://www.referenceforbusiness.com/small/Di-Eq/Entrepreneurship.html#b. Last accessed 18/11/2012. Gina Colarello O’Connor (2000). Radical Innovation: How Mature Companies Can Outsmart Upstarts. Boston, Mass: Harvard Business School Press. p5. Herman E. Daly (1997). Beyond growth: Economics of Sustainable Development. N/A: Beacon Press; New edition. p13. Jeffry Timmons (1989). The Entrepreneurial Mind. Andover, Mass: Brick House Pub. Co., p1. Joseph Schumpeter (1989). The Theory Of Economic Development. Harvard University: New Brunswick and London. p67. Joseph Schumpeter (1989). The Theory Of Economic Development. Harvard University: New Brunswick and London. p79. Poh Kam Wong, Yuen Ping Ho, Erkko Autio. (2005). Entrepreneurship, Innovation and Economic Growth. Evidence from GEM data. 24 (3), p339. UN. (1987). World Commission on Environment and Development. Report of the World Commission on Environment and Development. 96th (42/187), 43.