Elli Essay

The book â€Å"Elli† is an account of the Jewish race being devastated in the death camps during the Second World War. They suffered inhuman brutality and starvation. It was Elli’s courage and determination which helped her to stay alive. The Jews suffered inhuman brutality. An example of this is Felicia’s story. Felicia is the Blockalteste at Plaszow. She told of how she had to either shoot her family quickly or the German guards would kill all her family very slowly. Her eighteen month old baby boy was ripped in two just as an example of what was going to happen to her family if she did not kill her husband, father and mother. Elli listens in stunned silence to the most horrific event never heard until now. The Jews survived starvation in World War two by consuming raw food from the ground. These delicacies such as potatoes were smuggled into a factory in Dreherei and washed in the toilet. These were only eaten at night when the German guards were not around. One night the Jews in the factory burned a candle for Hanukkah using thread from their blankets as wicks, oil and potato halves carve hollow. It was courage which helped her to stay alive. Elli attacked an SS supervisor which is the gravest form of sabotage but she is still alive. Her mothers arm and leg was paralysed due to a bunk bed collapsing on her. Elli was so happy for saving her mothers arm from being broken, but which it led to two days of separation from each other. The book â€Å"Elli† is an account of her life being devastated in the death camps during World War Two. Her determination to stay alive saved her during innocent slaughter in the day prior to liberation. Her impulses told her to put from around her waist her metal soup bowl on her head as her surroundings were hammered with machine gun fire. She shouted to her mother to put her metal soup bowl on her head because she was looking after her brother Bubi, who had been shot in the head.

The Story Cinderella Through a Marxist’s Eye

In a Marxist view, a capitalistic society equates economic status to social status. The story of Cinderella by Charles Perrault highlights a number of these views. Cinderella’s stepfamily longingly desired to keep their social standing. They are willing to but Cinderella into poverty by making her their slave. By doing so, they ensure their social and economic standing. The prince has a similar need to keep his high-class standing but requires a bride to maintain these necessities. The prince reaches his goal by marrying Cinderella to create a possible heir to his throne. Cinderella’s stepfamily and the prince sustain their economic power by upholding their social status. In a capitalistic society, there is a dependency on having a lower class in order to maintain the higher class. Since Cinderella’s stepfamily has a lot of money and she has nothing, they maintain their economic status by demoting her to slavery. In the beginning of the fairy tale after her mother dies, her father remarries to maintain his economic status. Cinderella is unfortunate when soon after his death she is plunged into poverty. Throughout the story, her stepfamily continues to live in luxury while keeping Cinderella in squalor. While her stepsisters slept in expensive beds and were dressed in lavish fashions, Cinderella had to sleep in a bed made of straw and wear old dirty rags. The stepmother requires Cinderella to be kept in poverty in order to maintain their economic and social status. Cinderella will never have the chance to rise to the higher class since she does not earn any money. Unless someone existing in the higher class takes her out of her poverty, she will continue to exist within the lower class. In this time period, people were defined within society by how much money they acquired. The prince’s social standing of being in the ruling class is also dependent on economic wealth. In order for his family to stay in power he needs to have an heir to the throne. He hosts an extravagant ball at his castle to find a suitable bride and all the ladies in the town were invited to attend. Cinderella wanted eagerly to go the ball, but knew she was not wealthy enough to look the part. Cinderella is fortunate enough to have help from a supernatural force, called her fairy godmother, to transform her into appearing like she was from the high-class society. Her beauty was so intriguing that the prince fell in love the moment he looked at her. Once he finds Cinderella from the help of his servants, she is pulled out of slavery and into the ruling class. The prince enables his family to maintain their economic and social status by marrying Cinderella. He now will have an heir to the throne and his family will be preserved in the royal society. The struggle between the higher and lower classes of society is prominent within Marxism. Charles Perrault highlights this ideology in the fairytale of Cinderella. Cinderella’s stepfamily wants to keep their maintain their economic and social standing. They make Cinderella their slave and instantly plunge her into poverty. Their economic standing is ensured as soon as she is put the lower class. The prince similarly keeps his social standing when he finds a bride. The prince and Cinderella get married therefore maintain his economic and social status and ultimately creating a possible heir to his throne. In the story Cinderella economic status is ensured through differences in social statuses. Marxist views uphold this society and therefore capitalism is sustained.

A.T. Kearney Case Study Example | Topics and Well Written Essays - 1750 words

A.T. Kearney - Case Study Example Kearney’s market reach to expand and overwhelming competition with the scale of services and expertise that the merger resulted to? If so, how? II. Summary of the facts A.T. Kearney was acquired by EDS (Electronic Data Systems). It is expected that with the merger of A.T. Kearney and EDS, clients could take advantage of a much broader range of services. In essence, it is expected that both companies could become a a â€Å"one-stop shop,† capable of servicing every client requirement. Both companies are expected to complement each other’s weaknesses and achieve a synergy that could be used as a leverage in the market. The combined capability of the two companies will enable them to offer end to end services in addition to the benefit of a larger market reach. Before the merger, A.T. Kearney was well known The firm was well known for its ability to deliver value and results throughout the management process, from strategy development to business and market analysis to operations, process, and technology transformation. This mix of strategy and operations, combined with a focus on implementation, had differentiated A. T Kearney from its competitors and driven the firm’s outstanding results for over a decade. A.T. ... Incidentally, the core business of A.T. Kearney is EDS waterloo. For years, EDS had been struggling to establish its MCS (Management Consultancy Service). EDS â€Å" Despite the ability to combine expertise and intellectual capital with the delivery capability of EDS, MCS was having difficulties getting off the ground† (pg. 5). Despite its size and capitalization, it registered a loss of $23 milllion in 1994. EDS just lacked the expertise to pursue MCS capability as an IT firm and lacked a clear positioning in the marketplace as a formidable â€Å"consulting† practitioner. This weakness in MCS prompted EDS to acquire A.T. Kearney for $600 million. III. Analysis Management consulting industry is a profitable industry. In 1994. It registered $40 worth of services of which $18 billion of these revenue were services related information technology (i.e., IT planning, IT strategy, strategic procurement of hardware and software solutions). Management consultancy industry was e xpected to grow faster than its other segment at an annual rate of up to 15 percent. Fred Steingraber suggested that total fees for the management consulting industry would double by the year 2000. The main reason for the tremendous growth in this sector can be attributed to the following reasons; Technology has been integrated into business strategy. Technology investments will increase. Corporations are embracing the philosophy of restructuring and reengineering. Senior management is becoming technology-literate as, across all industries, major corporations increasingly view themselves as â€Å"technology-oriented companies.† Senior management expresses satisfaction with return on technology investment, even in the absence of precise measurements. Given this data about this trend management

Transformation in the US Military Essay Example | Topics and Well Written Essays - 1250 words

Transformation in the US Military - Essay Example Transformation of US military Introduction Since the 9/11 attacks, the US military has taken an active part in the political and global military activities for the US and for the international community. Inasmuch as it is considered one of the most powerful and advanced military units in the world, its vulnerabilities have been manifest in recent years. With the trends in globalization taking the spotlight, the need to introduce changes and to transform the military has been a growing concern. Efforts to transform the military have been seen in the past years and these efforts have had various effects in the way that the US military has implemented these changes. This paper shall now consider two of these efforts to transform the US military. One of these efforts is the effort to improve diversity and multiculturalism in the military. Another effort is on improvements in the coordination and cooperation with other countries in terms of military operations and issues of unrest. This a nalysis will compare and contrast these efforts and will identify two or three key factors that led to the perceived or actual need to transform, two of three key policies enacted to effect desired transformation, and the leading forces that shaped policies pursued in order to achieve the transformation. Discussion Efforts to increase diversity and multiculturalism in the US military have been implemented by the government.... This segregation created different issues, including racial confrontations within the military between 1942 and 1945 (Canaday, 2001). Despite passage of policies against segregation after WWII, this practice was still seen during the Korean War; however gradual integration was seen towards the end of the Korean War. Through this practice, the US army saw that combat effectiveness became more effective when racial integration was applied. The Secretary of War in 1963 set forth command responsibility for civil rights issues and in order to address racial tension, the military conceptualized the Defense Race Relations Institute (Canaday, 2001). This institute performed educational, training, and research functions. This institute was renamed Defense Equal Opportunity Management Institute and it broadened the readiness of military readiness in terms of gender, race, ethnicity, and religion (Canaday, 2001). Colin Powell’s rise as the premier first African-American Secretary of Stat e and his rise to his current status is a testament to effective solid efforts towards diversity within the military. A major factor affecting transformation of the US military in terms of diversity is the fact that the US military has made an effort towards integrating racial, ethnic, religious, and national groups into the military practice (Canaday, 2001). Many leaders recognized the fact that with more contact between whites and blacks, the better it was for racial integration. Moreover, the military has â€Å"a bureaucratic ethos and formality†¦that mitigated tensions arising from individual or personal feelings† (Canaday, 2001). The military was also able to hold the commanders responsible for equal

Gamal Abdel Nasser Essay Example | Topics and Well Written Essays - 3500 words

Gamal Abdel Nasser - Essay Example The nationalist revival during the period of British occupation revealed a public awareness among a segment of Cairo's population, but this seldom was transacted into positive achievements. Instead, the Egypt of 1952 was a stagnant country. Beset by political strife, successive national governments did little to foster the country's development. An archaic structure of land ownership, abysmal living conditions among the great majority of the population, an economy geared to benefit a privileged few, and political instability--this was the legacy after thirty years of independence (Frederick, 268). The existing political parties abdicated their right to govern. In their struggle with the King and their quest for power and office, they treaded ruthlessly on the welfare of their country. Egypt's political structure blocked progress, rooted as it was in the status quo. No parliament controlled by wealthy landowners and Cairo's privileged social elite would support sweeping reform programs to the detriment of the vested interests. Few groups were untainted by the corruption which permeated Cairo. Many ranking civil servants owed their positions to partisan politics; landowners gained protection from the Wafd; businessmen were dependent upon the government for favors; and high ranking military officers often owed their posts to the King's personal support. Only the middle-class military--the captains, majors, and colonels, and, perhaps, a few generals--had the moral credentials for a bona fide movement of reform. And, after the sordid manipulation of the Alexandria cotton market and the collapse of national government in 1952, only the military was prepared to take action in the name of the people. Humiliated in the 1948 Palestine War, the Egyptian army generally had done little to distinguish itself. In its ranks, however, was a cadre of sincere and talented, though inexperienced, officers, and it was they who toppled the government in 1952. Initially, a junta sought to establish a nonpartisan civilian government, but this body proved unwilling to initiate the reforms desired by the young officers. Thus, the job of governing fell to the Free Officers by default. Governing had not been their initial purpose, and they were ill prepared for the task; but they alone were in a position to raze the "old order." And the destruction of the "old order" was a prerequisite for the implementation of profound reforms (Frederick 269). Role in Modernizing Egypt Rapid development in Egypt required an authoritarian government, and it became increasingly obvious that the Revolutionary Command Council could not measure up to the task. Instead, a single leader, a man with dictatorial powers, was needed. Gamal Abdel Nasser became dictator of Egypt in April, 1954. His was a difficult task. The country had not rallied to the military movement. Moreover, there was no panacea for Egypt's problems, and his every move drew the sniping attacks of those without the responsibilities for government. To his credit, he approached his mission boldly. Easy as it was to be irresolute, he determined what was best for

Nike Essay Example | Topics and Well Written Essays - 250 words - 3

Nike - Essay Example According to Timothy Ryan, a director for the American Center for International Labor Solidarity, the collapsing of the factory was due to lack of regulations by the governments while Nike is constructing its factories. Prior to the collapsing, Nike workers noticed cracks in the building but they were informed to report to work the following day. This was an indication of negligence on the part of the management. The management team in Bangladesh and at the parent company in US experienced bitter regret due to the death and injuries that occurred within Nike premises. Nike, a company that was established in 1964 as Blue Ribbon Sports and later rebranded as Nike Inc in 1971, undertook various strategies to deal with negative public image that arose out of the collapsing of the building. The accident resulted into a bad relationship between the company and the families who were affected. The employees on their part lost motivation and feared working for the company. Nike undertook ultimate action of checking all its factories globally and maintenance was initiated in most factories. The company also started extensive corporate social responsibilities such as joining Michelle Obama’s ‘Lets Move campaign’ that aims at reducing child obesity. In this way, it regained a certain amount of value. Currently, Nike has strong value for ethics and continues to provide proper working conditions. The situation could have made better if the company employed more workers from the affected families and freely provide them with needed skills as well as giving them higher

Criminal Law and Criminology Essay Example | Topics and Well Written Essays - 1000 words

Criminal Law and Criminology - Essay Example As may be inferred from the above stated, the subjectivism/objectivism debate effectively mirrors the existent tension between the principles of deed and equal culpability. The objectivist camp believes that criminal liability should be limited to what the person actually did, while the subjectivist camp upholds the expansion of criminal liability towards the embrace of the person's state of mind. Accordingly, the objectivist camp upholds the principle of deeds and the subjectivist camp that of equal culpability.3 The complex nature of prevailing criminal law lies it that it is neither one nor the other but seeks the embrace of both positions. This lends to several questions, all of which combine to underscore the controversies inherent in the law of criminal liability. The first of these questions pertains to the concept of mens rea. ... As per the objectivist and the subjectivist divide, there are two answers to this. The first define intention as implying that "the agent would necessarily commit an offence in carrying it out."6 The second response states that "intention should only be required for the conduct and the result elements, but not for the circumstance elements, of criminal attempts."7 (Husak, 1997). Divergent responses, reflective of the objectivism/subjectivism divide, only compound the complexities inherent in the determination of criminal liability within the context of the law of attempts. Divergent interpretations of the concept of attempt, as illustrated in the preceding paragraph, are problematic when considering the import of attempt within the context of English criminal law. As Lord Goddard maintained in Whybrow [1951]8 "intent [is] the principle ingredient of the crime." Indeed, the Criminal Attempts Act of 1981 has embodied this principle.9 As stated in the Criminal Attempts Act of 1981, "If, with intent to commit an offence to which this section applies, a person does an act which is more than merely preparatory to the commission of the offence, he is guilty of attempting to commit the offence.'10 The implication here is clear. If a person intends to rob a house but fails, he/she will be held liable for intended robbery and if he/she planned to enter a house and kill its occupants, but fails, he/she will be held guilty of attempted murder. If, on the other hand, a person enters a nursing home with the intention to rob, while knowing full well that if seen by a ny of the residents, the resultant alarm and shock could incite a heart attack culminating in death, he/she will only be held guilty of attempted robbery despite his/her knowledge of

TECHNOLOGY IN THE NEWS Essay Example | Topics and Well Written Essays - 250 words

TECHNOLOGY IN THE NEWS - Essay Example There are rumors that some executives of HP may have tried to halt the appointment of the CEO by hiding Autonomy’s negative information. The reports are suggestive of lack of transparency at HP, if things are not more serious. The impact of the latest revelations on HP cannot be predicted with utmost surety at this time, but if HP is found guilty in the future, thus would lead to a big black eye with respect to the public relations. HP might have to face litigation accordingly. Contrary to the perception that there is no more place of new mobile phones in the world, a range of next-generation models will be introduced at the Mobile World Congress (MWS) 2014 (Cutlack). Samsung and Sony have made exceptions by demonstrating their new mobile models at separate events in 2013. This year’s MWC will display new tech such as bendable screens. Companies like Samsung have advertised their new models that will be displayed in MWS

Critical thinking ( Applying Key Criteria ) Assignment

Critical thinking ( Applying Key Criteria ) - Assignment Example The fact is that the supporters of the accused person had found that a pre- planned action is needed to prevent the opposition made by the members of AFA. The reputation of Fran Lee as the unquestioned leader of the AFA must have haunted the opposition and one can find vested interests in her serious head injury during the violence. One of the supporters of R33 group threw a hard material to Fran Lee and she was seriously injured. The conspirators have foreseen the inevitable presence of the police force in the area and their expertise is evident in the way they converted the demonstrations into violence. The police displayed neutrality towards both the groups; they kept maximum patience and they have tried to avoid violence. Critically analyzing various incidents that culminated in violence and causalities, one can see that the group Rebirth -1933 had their own vested interests behind the anti-demonstration; they wanted to praise the accused person and for this purpose they planned a secret plot against the Anti Fascist Alliance (AFA). According to the lawyer Fran Lee was injured by the police because the police have used their batons to suppress the violence. It is clear that the lawyer is biased; he could be an ardent supporter of the accused person and he tries to divert the issue through complaining against the police. The event is a pre-planned action committed by the members of R33 for hiding their leader’s fault. Analyzing the given article one can find that the paper demonstrates the events of a serious political crisis that culminated in violence and immediate conflicts. The incident also highlights that the ability of people to observe such things as this varies; the comments and descri ptions of the people who witnessed the violence contrast each other. It is clear that each of them have their own view points and predictions about the incidents and this underlines that people tend to be more of biased than neutral in their

Process vs Product Drama in Education Essay Example | Topics and Well Written Essays - 3750 words

Process vs Product Drama in Education - Essay Example This research will begin with the statement that the concepts of Process vs. Product Drama in education are eloquently and meaningfully described in detail by numerous theorists and educational drama practitioners. From Way to Heathcote to O’Toole, process and product drama are explored in order to explain intrinsic freedoms of expression of the process and meaningful designs/constructs of product and/or performance. Authors and educational drama practitioners Gustave J. Weltsek-Medina, Ph.D., Adam Blatner, MD, and Daniel Weiner, Ph.D. have written a stimulating account of the debatable, dialectic, dramatic concepts in â€Å"Interactive and Improvisational Drama; Varieties of Applied Theatre and Performance. An excerpt from the book defines Process Drama in the thought-provoking Chapter 9: Process Drama in Education: Explaining its Methods. â€Å"When one engages in Process Drama, the potential exists for a heightened sense of self-reflexivity. Process Drama is foremost a si tuation immersed in experiential knowledge and an experience of Living Through. Individual freedom is allowed to, not only explore ideas but to also provide the space to explore ideologies. A participant must reflect upon fictional situations and tap into her or his own set of social signifiers as a means to interpret the moment. The creation of the moment rests upon the immediate experiences of those involved as they reflect, act, and interact with one another as they live with and through the fictional moment†¦Ã¢â‚¬ 

Give Me a Free

Give Me a Free Essay Essay When composing the Constitution in 1789, the Founding Fathers were anxious to stress that the executive branch of the new republic was to be subordinate to the peoples’ representation, the Congress. They achieved this through the Separation of Powers, a theory of government thought up by the French philosopher Montesquieu to prevent over-mighty or tyrannical government. The elaborate system of ‘checks and balances’ introduced greatly reduced the traditional authority of the executive, leaving some to argue that U.  S. presidents have been left with very little power, if only the power of persuasion. However to what extent is this true? Theodore Roosevelt famously stated that he was both â€Å"king and prime minister†, even though other presidents, such as Johnson and Truman have stressed the weakness of the presidency. The argument that presidents have only the power to persuade can be seen in many of the formal powers of the president laid out in Article II of the Constitution. This can perhaps best be seen in his powers of nomination, both for federal judges and executive branch officials. The president has only the power to suggest appointments to these positions; the final confirmation of the president’s choice lies with Congress. This will sometimes mean lengthy negotiations between the branches of government, with the president using his ‘pork barrel’ in an attempt to win over Senators. In 1987, Reagan’s nomination of Robert Bork was rejected by a Senate vote of 42 to 58, resulting in embarrassment for both the president and his nominee. Reagan was unable to do anything about this, other than to suggest a new nominee in the hope that they would be accepted instead. The president’s power of persuasion is also illustrated by his role as chief diplomat for the United States. In this position, he negotiates major treaties with foreign countries, such Carter’s Panama Canal Treaty or Bush Snr. ’s Chemical Weapons Ban. Even so, it is the job of the Congress to ratify the treaty; it has no legal authority until it has been accepted by the Senate with a two-thirds majority. As such, the president can only persuade the Senate to accept it, arguing for its merits or using his limited access to patronage. For instance, the Treaty of Versailles drawn up President Wilson in the aftermath of the First World War was rejected by the Senate, resulting in America being unable to join the League of Nations, a ‘pet-project’ of the President. Later in the C20th, the Senate refused to ratify a further six treaties, which presidents such as Eisenhower (1960) and Clinton (1999) had worked hard on the international stage to achieve. Similarly, the president’s powers to submit the annual budget and propose legislation both require Congressional action if they are to have any authority. The president’s State of the Union address comprises key pieces of legislation which the president would like to be introduced (such as more green jobs and banking regulations seen in Obama’s 2010 address). However, this is meaningless unless they are introduced to and accepted by Congress, a process that requires the president to act tactfully using bipartisanship to persuade Congressmen and Senators to follow his proposals.

Indo-US civilian nuclear deal

Indo-US civilian nuclear deal INDIAS ENERGY SECURITY WITH SPECIALREFERENCE TO INDO-US NUCLEAR DEAL â€Å"Consider the past 400 years of history. The world developed a new source of power, steam, and the industrial age came in. India with all her many virtues did not develop that source of power and it became a backward and a slave country. Now, we are on the verge of the atomic age. If we are to remain abreast in the world as a nation which keeps ahead of things, we must develop this atomic energy quite apart from war†¦of course, if we are compelled as a nation to use it for other purposes, no pious sentiments of any one of us can stop the nation from using it that way.† Jawaharlal Nehru, 06 April 1948 CHAPTER I INTRODUCTION AND METHODOLOGY The energy security encompasses the oil natural gas, fuel and electricity. However in the backdrop of Indo-US civilian nuclear deal we are referring to the electrical energy security generated from nuclear sources. The Indias nuclear reactors are fueled by uranium. Indias uranium is low grade and quantity and is about seven times costlier than whats available in the world market. The Indo US civilian nuclear deal encompasses the transfer of sensitive technology for reprocessing, enrichment of fuel and importing uranium for generation of electricity from nuclear energy. In recent years, if there is one issue that has been on the headlines at regular intervals besides terrorist attacks in different parts of our country, is the Indo-US civilian nuclear deal. So much so that it was on the verge of bringing down the worlds largest democracy. Never before in the history of independent India where any subject thought about, deliberated, argued and counter argued by the political, bureaucr atic and the scientific elites. The main advantage of this deal is that the India not only got the assurance from the world to increase its electricity generating capacity but India can continue its nuclear weapon programme unhindered. The deal also gave strategic advantages to US. METHODOLOGY Statement of Problem 2. This paper aims to analyse â€Å"Will India be able to fulfill its power demand by 2030 by generating electricity from nuclear power plants in light of Indo-US civilian nuclear deal.† Hypothesis 3. The extent of Indias strategic interest has expanded and span from the Gulf of Hormuze up to the Malacca Strait. It implies that India is on the threshold of becoming a regional super power, having a large say in the geopolitical affairs in South Asia. This situation has come about as a result of the economic liberalisation in last decade of the twentieth century, causing the economy to grow at appreciable rates of 7-8 % per year. Economic opportunities in India have made the world sit up and take notice, causing a huge influx of investments in all business and industrial sectors. 4. Given the above situation, Indias electrical energy needs are growing by leaps and bounds, and at a very rapid pace. The sources for generation of electricity to support this unprecedented growth are not adequate. Therefore, it is imperative that India must look for alternative sources to generate sufficient electricity not only to cater for future growth but also to bridge the gap between the demand and supply. This will also help India for realisation of her role as a regional power to satisfy her strategic aspirations. Justification of the Study 5. India is concern for energy security in general and electrical energy in particular for its economic development and uplifting the standard of living of its citizen. Indo-us civilian nuclear deal is a step towards to solve Indias energy problem which encompasses the generation of electricity from nuclear energy and transfer of sensitive technology including supply of raw material. But the deal has more strategic and international connotation. If we adopt the perspective of twenty years hence, will India be able to achieve its energy security? Scope 6. The scope of this study would be to look into Indias electric energy requirement by 2030, highlighting the electricity generating capacity and gap between demand and supply. Also to analyze the nuclear power plants generating capacity in a backdrop of Indo-US civilian nuclear deal with its strategic implications for India. The study would also suggest a way ahead for India to achieve total energy security. Other related issues such as electrification, transmission, distribution, billing, electrical energy conservation and regulatory commissions are not considered in this study. Operational Definitions 7. Energy Security.[1] A countrys ability to optimize its energy resource portfolio and supply of energy services for the desired level of services that will sustain economic growth and poverty reduction. It is a broad umbrella covers all type of energy and economic growth. 8. Nuclear Energy and Energy Security.[2] Nuclear Energy is the kinetic energy of the fragments that result from the fissioning or splitting of uranium and plutonium nuclei when they absorb neutrons. The kinetic energy is converted to heat as the fragments are slowed, and this heat is use to convert water into steam which in turn used for rotation of turbine thus producing electricity. This nuclear energy supplements the total energy requirement of our country with an aim to achieve energy security from all the sources including renewable, hydro and coal. Methods of Data Collection 9. The major source of data collection has been through library books, journals, articles from magazine newspaper as well as internet. Organisation of the Dissertation (Chapterisation) 10. The dissertation is organised as under : (a) Chapter I Introduction and Methodology. This chapter introduces the subject ‘Indias energy security with special reference to Indo-us nuclear deal. It also lays down the ‘Statement of Problem providing a justification for the study and defines the scope of dissertation. The chapter also defines security in general and energy security in particular. Energy security encompasses oil, gas and electricity. The focus will be on nuclear power element of electricity/power security. (b) Chapter II Indias Electrical Energy Need and Present Status. This chapter brings out statistical data about the present power status in India from all sources including the contribution of nuclear power plants and predicting economic growth vis-a-vis Indias electrical energy needs by 2030. (c) Chapter III Nuclear Energy Its Myth and Reality. This chapter analysis the nuclear power generating capacity by 2030, technology and raw material requirement and its contribution towards achieving energy security. It also covers advantages and disadvantages of nuclear power over conventional sources of power generation. (d) Chapter IV Indo-US Civilian Nuclear Deal. This chapter covers Indias nuclear history in brief and Indo-US civilian nuclear deal in detail. It also brings out the stance of International atomic Energy Agency (IAEA) and Nuclear Suppliers Group (NSG). This chapter also highlights the pros and cons and views of political parties in India. (e) Chapter V Implications of the Deal. This chapter highlights the strategic implications in terms of economic, geopolitical and military of Indo-US civilian nuclear deal. (f) Chapter VI The Way Ahead for Energy Security. Initially India neglected its power requirement and now going for nuclear power. On one hand developed country like Germany is against nuclear power and on other side France in going for it. This chapter covers the analysis of this dichotomy and Indias necessity to go for it. In the end, recommendations for way ahead for India to achieve total energy security. CHAPTER II INDIAS ELECTRICAL ENERGY NEED AND PRESENT STATUS Indias Energy Security Challenge[3] 1. Electricity is one of the most important inputs to support the growing economy. Today, there is the requisite buying power to support the rapid growth of the power sector. At the same time, there are severe resources constrains looming large. The non-availability of power in required amounts could, in fact, severely restrict our developmental aspirations. 2. There is a need to look at nuclear energy associated with processes involving the nucleus of an atom in several million folds higher than the energy associated with processes that involve electron that orbit around the nucleus. The later forms the basis of energy through burning of fossil fuels. Nuclear energy released through fission or fusion of atomic nuclei and solar energy that we receive from the sun are the only two viable basic energy sources capable of meeting our long term energy needs. 3. Electricity Present Status in India?[4] India is a power deficit country with a high base and peak load deficit of around 9.8% and 16.6%, respectively. Currently, though coal-based plants contribute around 58 % of the installed capacity, that alone would not be sufficient to secure and fulfill Indias long-term Energy requirements. A broad estimate suggests that if the countrys coal consumption continues to grow at 5% pa, going ahead we might run out of coal reserves over the next 40-50 years, and even if new coal reserves are discovered and extracted, we might still run out of coal in the next 70-80 years. Installed Capacity > 120 GW. Gross Generation is 620 billion kWh. The current per capita power consumption in India is about 612 KWH per year. While the world average is 2596 KWH. Out of total power available in India, thermal power constitutes 64.6%, hydro power 24.7% and nuclear power 2.9%. The present power status of India is shown in fig 1. The details of nuclear power is s hown in fig 2 Indian Energy Scenarios: 2030 4. Nuclear Power[5] will play a significant role in the long-term energy mix of the country with the government planning to raise its contribution from the current level of 2.9% (4,120 MW) to around 10% (64,000-65,000 MW) of the countrys installed capacity by 2030.[6] 5. Details of Nuclear Power Plants in India.[7] Currently, seventeen nuclear power reactors produce 4,120 MW (2.9% of total installed base). Power station Operator State Type Units Total capacity (MW) Kaiga NPCIL Karnataka PHWR 220 x 3 660 Kakrapar NPCIL Gujarat PHWR 220 x 2 440 Kalpakkam NPCIL Tamil Nadu PHWR 220 x 2 440 Narora NPCIL Uttar Pradesh PHWR 220 x 2 440 Rawatbhata NPCIL Rajasthan PHWR 100 x 1, 200 x 1, 220 x 2 740 Tarapur NPCIL Maharashtra BWR(PHWR) 160 x 2, 540 x 2 1400 Total 17 4120 6. The projects under construction are: Power station Operator State Type Units Total capacity (MW) Kaiga NPCIL Karnataka PHWR 220 x 1 220 Rawatbhata NPCIL Rajasthan PHWR 220 x 2 440 Kudankulam NPCIL Tamil Nadu VVER-1000 1000 x 2 2000 Kalpakkam NPCIL Tamil Nadu PFBR 500 x 1 500 Total 6 3160 7. The planned projects are: Power station Operator State Type Units Total capacity (MW) Kakrapar NPCIL Gujarat PHWR 640 x 2 1280 Rawatbhata NPCIL Rajasthan PHWR 640 x 2 1280 Kudankulam NPCIL Tamil Nadu VVER-1200 1200 x 2 2400 Jaitapur NPCIL Maharastra EPR 1600 x 4 6400 Kaiga NPCIL Karnataka PWR 1000 x 1, 1500 x 1 2500 Bhavini PFBR 470 x 4 1880 NPCIL AHWR 300 300 NTPC PWR 1000 x 2 2000 NPCIL PHWR 640 x 4 2560 Total 10 20600 8. The following projects are firmly proposed. Power station Operator State Type Units Total capacity (MW) Kudankulam NPCIL Tamil Nadu VVER-1200 1200 x 2 2400 Jaitapur NPCIL Maharashtra EPR 1600 x 2 3200 Pati Sonapur Orissa PWR 6000 Kumaharia Haryana PWR 2800 Saurashtra Gujarat PWR Pulivendula NPCIL 51%, AP Genco 49% Andhra Pradesh PWR 2000 x 1 2000 Kovvada Andhra Pradesh PWR Haripur West Bengal PWR Total 15 16400 9. The following projects are proposed and to be confirmed soon. Power station Operator State Type Units Total capacity (MW) Kudankulam NPCIL Tamil Nadu VVER-1200 1200 x 2 2400 Total 2 2400 10. Summary of total nuclear power generation capacity by 2030. Sl No. Project Units Total capacity (MW) 1 Present nuclear power reactors 17 4120 2 Projects under construction 06 3160 3 Planned projects 10 20600 4 Projects firmly proposed 15 16400 5 Proposed and to be confirmed 02 2400 Total 50 46680 11. Department of Atomic Energy. This independent department has all matter related to atomic energy under its purview, and is responsible for designing, commissioning, constructing and operating nuclear power plants. 12. National Electricity Policy.[8] The GOI decided and notified the National Electricity Policy in Feb 2005 (Min of Power, 2005). The policy aims at accelerated development of power sector, providing supply of electricity to all areas and protecting interests of consumers. The policy prescribes development of rural electrification distribution backbone to be completed in next five years, Some of the points on which the policy emphasizes on are:- (a) Nuclear power is an established source of energy to meet the base load demand. Share of nuclear power in the overall capacity profile will need to be increased significantly. (b) Creation of adequate generation capacity with a spinning reserve of a least 5% by 2012 with availability of installed capacity at 85%. (c) Full development of hydro potential. (d) Development of National Grid. (e) Exploitation of non-conventional energy such as small hydro, solar, biomass and wind for additional power generation capacity. 13. Outcome of the Deal. The Indian nuclear power industry is expected to undergo a significant expansion in the coming years thanks in part to the passing of the Indo-US nuclear deal. This agreement will allow India to carry out trade of nuclear fuel and technologies with other countries and significantly enhance its power generation capacity. India is expected to generate an additional 25,000 MW of nuclear power by 2020, bringing total estimated nuclear power generation to 45,000 MW. Following a waiver from the Nuclear Suppliers Group in September 2008 which allowed it to commence international nuclear trade, India has signed nuclear deals with several other countries including France, United States, Namibia, Mongolia and Kazakhstan while the framework for similar deals with Canada and United Kingdom are also being prepared. In February 2009, India also signed a $700 million deal with Russia for the supply of 2000 tons nuclear fuel. India now envisages to increase the contribution of nuclear power to overall electricity generation capacity from 4.2% to 9% within 25 years. In 2010, Indias installed nuclear power generation capacity will increase to 6,000 MW. As of 2009, India stands 9th in the world in terms of number of operational nuclear power reactors and is constructing 9 more, including two EPRs being constructed by Frances Areva. Indigenous atomic reactors include TAPS-3, and -4, both of which are 540 MW reactors. Indias $717 million fast breeder reactor project is expected to be operational by 2010. 14. Nuclear Power Growth. India, being a non-signatory of the Nuclear Non-Proliferation Treaty, has been subjected to a defacto nuclear embargo from members of the Nuclear Suppliers Group (NSG) cartel. This has prevented India from obtaining commercial nuclear fuel, nuclear power plant components and services from the international market, thereby forcing India to develop its own fuel, components and services for nuclear power generation. The NSG embargo has had both negative and positive consequences for Indias Nuclear Industry. On one hand, the NSG regime has constrained India from freely importing nuclear fuel at the volume and cost levels it would like to support the countrys goals of expanding its nuclear power generation capacity to at least 20,000 MW by 2020. Also, by precluding India from taking advantage of the economies of scale and safety innovations of the global nuclear industry, the NSG regime has driven up the capital and operating costs and damaged the achievable safe ty potential of Indian nuclear power plants. On the other hand, the NSG embargo has forced the Indian government and bureaucracy to support and actively fund the development of Indian nuclear technologies and industrial capacities in all key areas required to create and maintain a domestic nuclear industry. This has resulted in the creation of a large pool of nuclear scientists, engineers and technicians that have developed new and unique innovations in the areas of Fast Breeder Reactors, Thermal Breeder Reactors, the Thorium fuel cycle, nuclear fuel reprocessing and Tritium extraction production. Ironically, had the NSG sanctions not been in place, it would have been far more cost effective for India to import foreign nuclear power plants and nuclear fuels than to fund the development of Indian nuclear power generation technology, building of Indias own nuclear reactors, and the development of domestic uranium mining, milling and refining capacity. 15. India has already been using imported enriched uranium and are currently under International Atomic Energy Agency (IAEA) safeguards, but it has developed various aspects of the nuclear fuel cycle to support its reactors. Development of select technologies has been strongly affected by limited imports. Use of heavy water reactors has been particularly attractive for the nation because it allows Uranium to be burnt with little to no enrichment capabilities. India has also done a great amount of work in the development of a Thorium centered fuel cycle. While Uranium deposits in the nation are limited, there are much greater reserves of Thorium and it could provide hundreds of times the energy with the same mass of fuel. The fact that Thorium can theoretically be utilized in heavy water reactors has tied the development of the two. A prototype reactor that would burn Uranium-Plutonium fuel while irradiating a Thorium blanket is under construction at the Madras/Kalpakkam Atomic Power Station. CHAPTER III NUCLEAR ENERGY ITS MYTH AND REALITY Nuclear Energy in India[9] 1. Nuclear energy is the fourth-largest source of electricity in India after thermal, hydro and renewable sources of electricity. As of 2008, India has 17 nuclear power plants in operation generating 4,120 MW while 6 other are under construction and are expected to generate an additional 3,160 MW. Since early 1990s, Russia has been a major source of nuclear fuel to India. Due to dwindling domestic uranium reserves, electricity generation from nuclear power in India declined by 12.83% from 2006 to 2008. To appreciate the Indo US nuclear deal better, let us understand the basics of generation of nuclear energy. 2. Nuclear Reactor. The basis of nuclear power is the fission process. This is the process of splitting of a fissionable atoms nucleus, releasing energy in the form of heat, which can be converted through steam turbine and a generator into electricity. The only naturally occurring fissionable material is Uranium and said to be fissile because its nucleus has an affinity to a colliding neutron which it absorbs, splits into two smaller particles and emits two or more neutrons and produces vast amounts of energy. This process is called fission chain reaction. The neutrons produced as result of fission reaction in the reactor have excessive energy levels and they move at a great speed. In a nuclear reactor a chain reaction cannot be sustained with fast moving neutrons. So the fast paced neutrons are slowed down by an element called a moderator. The two substances that are used as a moderator in a Uranium reactor are heavy water and graphite. A majority of the nuclear reactors in the worl d use natural uranium as fuel and light water as moderator and hence they are called the Light Water Reactor. These are essentially boiling water reactor (BWR) or Pressurized water reactor (PWR). In a BWR, the cooling water is allowed to boil inside the reactor at a temp of 290 deg and pressure of 70 atmospheres. The steam is then fed directly to the turbines and re-circulated to the reactor. In a PWR the pressure inside the reactor vessel is kept at 150 atmospheres so as to prevent the cooling water from boiling at temperatures up to 350 deg. This water is fed out of the reactor vessel to a steam generator where it passes through thousands of tubes immersed in water at a much lower pressure. The secondary cooling water boils and drives the turbines. The other type of reactors those use heavy water as moderator is called Pressurised Heavy Water Reactor (PHWR). 3. Nuclear Fuel Cycle. Nuclear fuel needs to be processed optimally for use and thereafter disposed off safely. All these activities form part of the nuclear fuel cycle. Indias share of Natural Uranium reserve of the entire globe is 0.8 %. At the same time that of Thorium is over 32% of the worlds reserve. A Uranium Mill is a chemical plant designed to extract uranium from ore. The final product that goes out of from the mill, commonly referred to as yellow cake, contains more than 60% of uranium. 4. Nuclear Waste Reprocessing. The fuel which went into the reactor is removed after anywhere between 18 months to about 3 years. This spent fuel highly radioactive waste. The Uranium which comprises about 96% of the spent fuel can be recycled as fresh fuel elements. It could be used to fuel breeder reactors or can be used to make a nuclear bomb. 5. Uranium Enrichment. Purification and chemical conversion of uranium concentrate to uranium hexafluoride is needed since yellowcake is not directly usable as nuclear reactor fuel. The uranium hexafluoride is used in a natural uranium fuel reactor. The enriched uranium is now sent to a fuel fabrication plant where it is changed into uranium dioxide powder. The powder is pressed into small pellets, which are then put into metal tubes, forming fuel rods. These fuel rods are put together to form a fuel assembly. Advantages and Disadvantages 6. The advantages of electricity produced from nuclear source are as follows :- (a) Cost- Effective Option. A kilogram of uranium can produces a million times more energy as compared to a kilogram of coal or a kilogram of hydrocarbon. One kg uranium can produce as much electricity as 1500 tons of coal. It will not only diversify Indias power generation portfolio but also reduces pressure on railway transportation of coal for the thermal power plants. (b) Environmentally Sustainable. Non-emission of greenhouse gases that have threatened the global climate. The reduction in annual coal consumption ~ 100 Million Tons. Reduction in annual CO2 Emissions > 170 Million Tons. This will help ease global demand for crude oil and natural gas. 7. The disadvantages of nuclear power plants are as follows :- (a) Initial Cost. Conventional nuclear plants are expensive, being perhaps two to three times the cost of comparable coal or gasification plants, with much of this expenditure required to insure the safety of the public. The production process is relatively simple and involves using nuclear heat to create steam that subsequently drives a turbine generator. However, the high cost of the plants (billions of dollars) can introduce potentially high financial risks to owners and investors alike, as history has demonstrated. While the plants are relatively inefficient (~33%), the price of nuclear fuel, as with coal, is a fraction of the cost of natural gas. Nuclear plants operate at full power for technical reasons and avoid the daily routine large load swings of the electrical grid. Fossil plants are normally used for such purposes. Indias Nuclear Energy Programme 8. Indias nuclear resource endowments are modest in terms of uranium, which is the only naturally available material that contains a fissionable component. On other hand thorium endowments are vast. But unlike uranium it is non fissionable. 9. Three-StageProgramme Indias strategies for large scale development of nuclear energy focused towards utilization of thorium and three stages nuclear power program is as given under : (a) The first stage of Indian Nuclear Power employs the PHWRs fuelled by uranium, to produce plutonium. (b) The second stage, Plutonium put in Fast breeder reactor with uranium, with a blanket of thorium, to convert some of the thorium into uranium. (c) In the third stage, Advanced Heavy Water Reactors (AHWRs) would burn Thorium and U 233 as fuel. This is what we finally want to achieve in the years to come. The AHWR test reactor is in final phase of design. 10. Nuclear Energy for Indias Energy Security.[10][11] The CHAPTER IV Indo US Civilian Nuclear Deal Indo-US Relations 1. Historical Perspective. The nuclear energy history started way back in 1950 when US helped India to develop nuclear energy under the atoms for peace program. In 1968 India refused to sign the Non-Proliferation Treaty (NPT) claiming it was biased. India, Pakistan and Israel never signed NPT and North Korea signed but withdrew later. In 1974 came a turning point when India tested its first nuclear bomb made by the materials from the Canadian reactor. Canada and US stopped selling nuclear fuel to India and US placed severe restrictions on transfer of dual use technologies to India. India was a target of American ideological and geopolitical antagonism. Bilateral relations between the two countries were victims of incompatible obsessions of Indias with Pakistan and Americas with the erstwhile USSR. 2. Post Pokharan II. Indias nuclear blasts of 1998 not only shook the Thar desert, but also rocked the very foundations of the Global Nuclear Order. US administration promptly imposed sanctions and also mobilized other nations in doing so. Indias nuclear policy thus became the single most contentious issue in bilateral relations. The country was treated like pariah, especially by the US and 45 member Nuclear Suppliers Group (NSG) countries and isolated India for more than three decades, refusing nuclear co-operation. Sanctions were heaped on India. Indian nuclear scientists were unwelcome at international seminars in their field. 3. Post 9/11. In 2000, the US has moved to build a strategic partnership with India. The terrorists strike of 11 Sep 01 resulted in convergence of strategic interests of both the sides. India supported American actions whole heartedly and defence cooperation was at new heights. An agreement on Next Steps in Strategic Partnership (NSSP) was signed in Jan 2004 which included areas such as missile defence, cooperation in civilian nuclear, space programme and high technology trade. The foundation and indeed the underpinning of the nuclear agreement was the signing of a ten year New Framework for Defence Relationship (NFDR) in June 2005 as a prelude to the historic agreement of 18 Jul 05, when India and the US agreed to cooperate in the field of civilian nuclear agreement. Landmark Deal 4. On 18 Jul 2005, India and the US sign the landmark Civilian Nuclear Deal in Washington DC and surprise the world. The deal was signed by US President Mr George Bush and Indian Prime Minister Dr Manmohan Singh. The US dismantle the complex architecture that it had set up to isolate India after 1974 nuclear test and deny it access to civilian nuclear technology. 5. Hyde Act. On 18 Dec 2006, the US congress passed the Henry J Hyde United States-India peaceful atomic energy co-operation act 2006 (PAEC Act 2006) popularly called as ‘Hyde Act, amending the atomic energy act that had prohibited American entities from trading with countries that didnt sign the NPT or had done a nuclear test. India fitted into both categories. The US Senate voted emphatically in favor of 86 to 13. In reality, the Hyde Act is an enabling legi

Agency Theory And Stakeholder Theory Commerce Essay

Agency Theory And Stakeholder Theory Commerce Essay The development of corporate governance is a global issue, the issue of corporate governance has come to prominence in various fields contains refers knowledge of finance, economics, accounting, law, management, organizational behaviour and so on. The term corporate governance and its daily usage in financial fields have attracted more and more public attention in the last thirty years. There are sorts of theories adopt in the corporate governance, while I will concentrate on two main streams of them: one is agency theory which is based on the interests of shareholders; the other is stakeholder theory which is based on the profits of all the stakeholders. The main aims of this paper are introduce and explore the agency theory and the stakeholder theory, compare and contrast these two theories. Apart from the introduction, the structure of this paper is as follows: the theoretical review of both agency theory and stakeholder theory is included in the next part; then, I will describe the contribution of the agency theory as well as how wrong is the agency theory; similarly, the fourth parts consist of two aspect of the stakeholder theory: the contributions and some criticisms; the final section is the conclusion. Theoretical review Agency theory In the early literature, classical economics considered that majority of corporations were not only owned but also controlled by the shareholders who have funding proprietors. With respect to standpoint of separation of ownership and control, it was firstly pointed out by Smith in 1838. In the later work of Berle and Means (1932), they hold the view that with countries industrialization and markets development, the ownership and control of corporations has been separated. The purpose of this action is to give an important explanation for corporate behaviour and the problems confronting owners (fragmented and dispersed shareholders) who attempt to exert their rights over the managers who have gained control in the modern cooperation. According to Arrow (1971), the origins of agency theory can be traced back to the 1960s and early 1970s, more and more economists detected and pay attention to the risk among individuals or groups. He mentioned that in the case of different argument toward risk insisted by the cooperating parties, the risk sharing problem occurred. 6 years later, Jensen together with Meckling pointed out Agency theory in their article; in addition, they defined an agency relationship as a contract under which one or more persons (the principals) engage another person (the agent) to perform some service on their behalf which involves delegating some decision making authority to the agent. For example, it is widely accepted that the agency relationship is between the owners (as the principal) and the managers (as agents). The aim of agency theory is to provide necessary monitoring to reduce the so called agency problems arise in agency relationship between the principal and the agent. One problem is that whether the behalf of agent is applicable or not can not be testified by the principals. The expect or goals of the principal and agent conflict brings to the first agency problem; more over, when it is difficult or expensive for the principal to know what the agent is doing in details and exactly, agency problem rises either. The other problem is the risk sharing between the principal and the agent. Due to the different risk preferences, there is distance between the action of the principal and the agent. An overview of agency theory is given in Table 1 (Eisenhardt, K. M 1989). Table 1 Agency Theory Overview Key idea Principal agent relationships should reflect efficient organization of information and risk bearing costs Unit of analysis Contract between principal and agent Human assumption Human assumption Bounded rationality Risk aversion Organizational assumption Partial goal conflict among participants assumptions Efficiency as the effectiveness criterion Information asymmetry between principal and agent Information assumption Information as a purchasable commodity Agency (moral hazard and adverse selection) Contracting problem Risk sharing Problem domain Relationships in which the principal and domain agent have partly differing goals and risk preferences (e.g., compensation, regulation, leadership, impression management, whistle blowing, vertical integration, transfer pricing) Stakeholder theory of the firms Donna Card Charron (2007) reported that the stakeholder theory has gone through three stages until now. The first stage of stakeholder theory is from the 1960s through early 1980s, the stakeholder theory agenda was proposed by the corporate revisionists. During this period, a new idea social institution was advocated to replace the stockholder ownership in the firm. In the early 1970s, stakeholder theory was accepted by the business ethics professors. Between the late 1980s and 2000, the stakeholder theory is ongoing the second stage. Corporate managers turn to interest in the stakeholder theory until they know that stockholders are just one aspect of stakeholders among many. It is significant for them to defend themselves against stockholder rights activities. In the middle of 1990s until 2000, corporate revisionists look forward to build the claims of stakeholders. All the participants and assistants who share the risk and create profits for the firms are stakeholders. They should obtain a balance share of the riches created by the joint efforts (Clarkson 2002: 1)). According to Donna Card Charron (2007), it is imperative for managers observe the following principles: (1).Monitor and respond to concerns and interests of all legitimate stakeholders. (2)Communicate with stakeholders about their concerns, contributions, and risks. (3).Act with sensitivity to each stakeholder group. (4)Attempt to achieve a fair distribution of benefits and burdens. (5)Insure that risks are minimized and harms are compensated. (6)Never jeopardize inalienable human rights or deceive concerning risks. (7). Deal with the conflicts of its self interest and the interest of stakeholders through public institutions, public reports, incentive systems, and third party review. The stakeholder theory was widely acceptable by the end of this stage. In the third stage of stakeholder theory currently, Value Based Management pointed out the effects of stakeholders toward to the firms can not be ignore and even important, there is a positive relationship between the wealth of stakeholders and that of stockholders. Different from agency theory which focuses exclusively on interests of shareholders, the Stakeholder theory concentrates on the interests of all the parties in the corporation. Stakeholder theory is considered as a theory of organizational management and ethics. Under this theory, what the managers should do is not only to maximize shareholder value, but also benefit the profits of the stakeholder group. Groups or individuals in the corporation, whose interests and benefits have a close relationship (gains or loss) with the corporation action, are called stakeholders. Sometimes, the concept of stakeholders is a generalization of notion of stockholders who can propose some special claim on the firm (R.Edward). Stockholders are given the right to demand certain actions by management; similarly, stakeholders can also make claims. The assumption of stakeholder theory is the values are imperative and tangible a part of doing business. R.Edwatd et al. (2004) propose that stakeholder theory is managerial, and it reflects and directs how managers operate rather than primarily addressing management theories and economists. Two key questions of the stakeholder theory are mentioned in Freemans article (1994). The first question is the purpose of the organization. This is very helpful and useful for managers to express the share awareness of the value they create and what brings its major stakeholder together. In addition, this push forward the firms itself expect it to create sound performance by considering both its aims and marketplace financial metrics. The second question asked in the stakeholder theory is what responsibility management has to stakeholders. These encourage managers to know how they want to do business. Particularly, they are looking for an appropriate kind of relationship with stakeholders to ach ieve their own interests. The core of stakeholder theory, economic value is that large numbers of people come and work together to advance their situation, is accordance with the fundamental modern economic realities. In order to impulse more and more workers to do their best for the firms, it is necessary and crucial for managers to develop relationships and create communication with stakeholders. (See R.Edward Freeman, Andrew C. Wicks, Bidhan Parmar 2004) It is widely accepted that shareholder is significant party in the firm and interests are a critical characteristic. In terms of profits, it is not the driver in the process of value creation while the results. Contribution of the Agency theory Perrow (1986) noted that the key point of the agency theory is focused on the significance of motivation and self interest. Under the agency theory, any ideas and activities of the organizations are based on self interests; furthermore, a common problem structure across the research topics is important either. There are two contributions to organizational thinking created by the agency theory in Eisenhardt, K. Ms work paper (1989). First of all, information is considered as a good, in another word, information can be sold by people if it is necessary. It can be divided into formal information system and informal information system. The former includes budgeting, MBO, and boards of directors; while the later one consists of managerial supervision that just in organizational research. If the principals want to know what the agents are doing and whether their action is appreciate or not, invest the information system is a good approach. An explanation of this is executive compensation (Kathleeen M. Elsenhardt 1989). A great many authors showed that they are surprised at the insufficient of performance found on executive compensations. On the contrary, since the compensation is affected by different kind of elements such as information system in the agency theory, the above argument is easy to accept. In addition, the risk implication of agency theory is another contribution. There are various uncertain future such as prosperity, bankruptcy and some secondary consequence that corporation may meet. Whether the future of firms is bad or sound depends on the performance of organizational participates. The outcome of firms, to large extent, is affected by the environmental factors that cover government regulation, new similar competitors, science and technology innovation and so on. Agency theory encourages the ramifications of outcome uncertainly to indication for producing risk. For instance, some behaviour of principals in the companies such as make or buy decision is not influenced by the uncertainty technology and demand (Walker and Weber 1984). Although they do not know that the reason is transaction cost framework; their conclusion covers the idea of agency if the managers of the firms are risk neutral. Walker and Weber concluded such a conclusion that outcome uncertainty is no t associated with risk neutral principal. On the other hand, the outcome uncertainty is extremely sensitive to risk principals in new venture. If the firm is new and not big enough, the limitation of capital and resources for predicting the uncertainty will lead to the frequency of the failure. The managers on such firms are risk averse principals. From the agency theory perspective, the relationship between managers and outcome uncertainty is extremely close. For example, in order to maintain and develop the firm, managers are more likely to adopt buy decision to transfer risk. On balance, agency theory predicts that risk neutral managers are likely to choose make option (behaviour based contract), whereas risk averse executives are likely to choose buy (outcome based contract). How wrong is the agency theory? The adoption of the agency theory for corporate governance become widely accepts all over the world, especially in the UK and the US. The agency theory indeed brings some merits for the corporations. However, more and more faults are showed by the recent literature research and firm practice like Enron, Xerox, and WorldCom. This paper will focus on the Enron to explain how wrong the agency theory is. Thousands of employees losing their life savings tied up in the energy companys stock due to the collapse of Enron which is considered as the largest bankruptcy in US history (Thomas Clarke 2004). The following introduction about the Enron is based on the lecture notes of Bob Wearing (2008). Generally speaking, Enron is an intelligent gambling that covers many aspects: firstly, allow high risk accounting; secondly, allowing 50% of assets to be shifted into off balance sheet entities; thirdly, waiving the ethics code to allow self dealing transactions; fourthly, ignoring directors conflicts of interests; Finally, failing to monitor executive compensation. The foundation of the Enron business is risk management. It expects to get ahead to traditional, vertically integrate kind of institution by using risk management. Enron adopt its own methods to protect the Enron stock, its funds will be inflated when Enrons share price fell. Bankruptcy is the destination of Enron once credit agencie s decreased Enrons rating. Most non executive directors are paid as consultant from the directors fees; consequently, they can not be characterized independently. At the same time, directors received various types of gifts from Enron. The award for Andrew Fastow (CEO) remains a secret, and another CEO (Kenneth Lay) get much secrete money from the company. In the case of decreasing of the companys stock in 2001, board members and senior employees obtain profit by cashing in share options, meanwhile, the rest of employees do not loss anything as they let their pension plans out of Enron stock. All in all, the shortcomings of the agency theory become obvious. In the first place, due to the asymmetric information system, the deficiency of agency theory that covers several aspects is become obvious. The first one is called moral hazard agency conflicts that are the root reason for the Enron failure. Moral hazard agency conflicts were mentioned by Jensen and Meckling in 1976. Moral hazard arises when the agents action, or the outcome of that action, is only imperfectly observable to the principal. A manager, for example, may exercise a low level of effort, waste corporate resources, or take inappropriate risks (Joseph Heath et al. 2004). Jenson (1986) hold the view that fresh cash flow will face much more difficulties from moral hazard problem in big and developed companies. In addition, moral hazard problem is relevant with the inefficiency of managerial effort. The motivation and enthusiasm of managers will be dropped off for small equity stakes they own. Thereby, company va lue will be affected or even harmed. The second one is named adverse selection. Adverse selection can arise when the agent has some private information, prior to entering into relations with the principal. Individuals with poor skills or aptitude will present themselves as having superior ones, people with low motivation will apply for the positions that involve the least supervision, and so forth (Joseph Heath et al. 2004). In the second place, shareholders, the owner of the company, are able to enjoy the companys residual claims. They shoulder the operating and capital risk rather than whole risk. Other stakeholders such as creditors, managers, employees who shares risks should be given the similar rights. Contribution of stakeholder theory According to the stakeholder theory, the objective of corporate existence is nor the shareholders only. The close nexus in the corporate social responsibility (CSR) that is the main stream of the corporate tendency is a apparent contribution of the stakeholder theory. A large number of literature and research find out that companies concentrate on CSR which is considered as origin of competition advantages is more likely to accept and get benefits. It is, to some extent, benefits the corporation as a whole, in the long runs at least. Changing the objectives of corporate governance from the maximize the interests of shareholders to maximize the value of the company. Stakeholder theory breaks through the traditional framework. The stake of firms owned by a large number of dispersed shareholders in modern enterprise. The maximization of the interests of shareholders does not mean the maximization of corporate value, or even damage the interests of other stakeholders, such as the hostile takeover. Stakeholder theory suggests that the other individuals and parties should also be considered stakeholders, such as creditors, employees, suppliers, customers, government and community, corporate governance should be the stakeholders of the coordination mechanisms of conflict of interest, balance and co ordinate conflict of interest to all stakeholders to maximize the benefits (Liu Dan 2003). The power of corporate is redistributed in the process of game among stakeholders. Modern companies are characterized by separation between ownership and control; thereby a principal agent relationship is formed between the principal and the agent. Unfortunately, the interests of these two parties are not always consistent. The managers tend to abuse their special power and damage the interests of shareholders by the reason of their insider status. The agency cost problem occurs when an efficient monitoring system is needed. The main purpose of corporate governance is not only monitoring managers effectively but also minimizing agency costs. The traditional way to adjust the dimension of the structure of the board of directors are enhancing the independence of the board of directors; improving the control of shareholders in order to strengthen their position; developing institutional investors to effective the rights of shareholders (Liu Dan 2003). But these ideas only deal with prob lems partly. It is difficult to change the level of corporate governance fundamentally. Stakeholder theory suggests that the key point of corporate governance is as follows: it is unavailable to deliver much more rights and control to shareholders. On the contrary, managers should be separated from shareholders who usually give pressure and leave enough rights and interests to other stakeholders such as employees, creditors and so on. For instance, one important programme is allowing the key stakeholders become the companys board of directors and supervisors by increasing the ownership and control of the company (Liu Dan 2003). The highlight of human capital is advocated in stakeholder theory. Traditional theory holds that the owner of firms is the investors who provide capital for firm; accordingly, the ultimate goal of company is to safeguard the interests of investors. Here the word capital is limited to physical capital, but not human capital. This argument is acceptable and suitable in the early era of large scale industrial machinery, while not appropriate and outdate in current era of knowledge economy. The existence and development of the organization is increasingly affected not only by the management degree of managers but also the advanced technology of workers. Technology and other human capital contribution to the enterprise are far more than physical capital (Liu Dan2003). Criticism of the stakeholder theory On the whole, stakeholder theory is incompatible with good corporate governance for it is with business (see Elaine Sternberg 1997). Accountability is one of the most important concepts in corporate governance. It consists of directors to shareholders, firm workers and other corporate agents to the incorporation as well. The notion that the owner of firms is responsible for their corporation is disapproved in stakeholder theory. On the other hand, what the stakeholder theory calls for is all the stakeholders are responsible for corporations. Such key principle is not realistic checked and work out wholly. Everyone take charge of company means no one will take charge of company. Various accountability make sense if all the stakeholders have a clear similar goal, otherwise it does not make sense at all. However, the stakeholder theory prefer to the later. More over, there is not an effective standard to judge and evaluate corporate agents given by stakeholder theory (Elaine Sternberg 1997). Duo to the unclear balancing stakeholder profits, it is not a good way evaluate objective performance of firms. It is discretional for managers to seek their own interests which are always selfish by using this method. Consequently, stakeholder theory has comprehensive control of haughty and selfish managers as well as lavishness wages, perquisite and premises. At the same time, the phenomenal of empire building acquisitions that make little business sense exists widespread in the stakeholder theory. Even though the original purpose and expectation of the stakeholder theory is hopeful, it is difficult to carry on and enhance corporate performance as well as corporate governance. Unlike the traditional theory which described that objective of firms is maximizing economic profits; objective in the stakeholder theory covers social, political as well as economic field. The efficiency of the business operation will be weakening in such situation. This leads to a dilemma for the company: firstly, pursuit of profit maximizing hence enhance the social costs and increase the loss of social welfare. Secondly, negative externalities of business activities will be reduced by using various types of control means, but they worse the inefficiency of economy. Conclusion To sum up, two popular theories used by corporate governance, agency theory and stakeholder theory are introduced and compared in this paper. The original purpose and expectation of these theories is to develop and enhance the level to corporate governance. The key diversity towards corporate interests between these two theories is: for agency theory, the interests of shareholders mean the corporate profits; with respect to the stakeholder theory, corporate interests should cover the profits of all the stakeholders. Different from traditional theories, agency theory pays unprecedented attention on information system, outcomes uncertainty and risk. These performance are beneficial for corporate alleviate or even avoid some conflicts and problems between principals and agents. However, after the case of Enron which is a characteristic failure, people become aware of shortcomings of agency theory. Due to the asymmetric information, moral hazard and adverse selection bring difficulties to governance. Even though, stakeholder theory does not have a clear notion about the quantity and quality of stakeholders, and it is, to some extent, unrealistic to carry on; the contribution of stakeholder theory can not be ignored. Changing the objectives of corporate governance from the maximize the interests of shareholders to maximize the value of the company. The power of corporate is redistributed in the process of game among stakeholders. The highlight of human capital is advocated in stakeholder theory. To c onclude, I pose that the stakeholder theory is much more appropriate for the modern companies for the long run.

How Genuine is the Paradox of Irrationality? :: Davidson Paradoxes Irrational Essays

How Genuine is the Paradox of Irrationality? ABSTRACT: In light of interpreting a paradox of irrationality, vaguely expressed by Donald Davidson in the context of explaining weakness of will, I attempt to show that it contains a significant thesis regarding the cognitive as well as motivational basis of our normative practice. First, an irrational act must involve both a rational element and a non-rational element at its core. Second, irrationality entails free and intentional violation of fundamental norms which the agent deems right or necessary. Third, "normative interpretation" is only possible for objects that are both natural events and capable of mental operations which presuppose some freedom of will as well as constructive representation of the surrounding reality. Fourth, there is always a question of whether we strike the best balance between fitting individual mental items consistently with the overall behavior pattern and keeping our critical ability in following certain normative principles which constitute our ra tional background. Fifth, the paradox of irrationality reflects and polarizes a deep-seated tension in the normative human practice under the ultimate constraints of nature. Finally, the ultimate issue is how we can find the best lines on which our normative rational standards are based-"best" in the sense that they are close enough to limits of human practical potentialities and are not too high as to render our normative standards idle or even disastrous. In "Paradoxes of Irrationality," Davidson has the following remark, which arises from, but is not limited to, the explanation of weakness of will: The underlying paradox of irrationality, from which no theory can entirely escape, is this: if we explain it too well, we turn it into a concealed form of rationality; while if we assign incoherence too glibly, we merely compromise our ability to diagnose irrationality by withdrawing the background of rationality needed to justify any diagnosis at all. (1) Many theorists who try to provide an adequate explanation of weakness of will and its bearing on the issue of rationality fail to fully appreciate the implication of the above remark, which I believe is an important thesis for any attempt to understand the source of many apparent puzzles around akrasia. Perhaps this failure is partly due to the fact that Davidson himself does not make it clear how central this thesis will be for exploring the cognitive as well as motivational basis of our normative practice. In this paper, I shall discuss in section I the conceptual ingredients of being irrational, viz.

Social Constructionism and the Message of Feminism Essay -- Sociology

In this essay I will define social constructionism and how the theories of social construction altered feminism’s message during its second wave. The second wave of the feminist movement started during the 1950’s and is thought to have ended with the failure of the equal rights amendment. The amendment was only three votes shy of being ratified. Prior to this era the first wave of feminism seem to focus mainly on suffrage, a women right to vote and own property. During the second wave era, feminist incorporated the theories of social construction in their message. Social construction is the theory based on the idea that things that are present in our society were created by said society. As it relates to the message of second wave feminism, the biological factors of gender, physical traits, genitalia, hormones and the like, do not determine behaviors, gender roles, social status, and male superiority. Our society forms these conventions. Women during the years before the second wave were being coaxed back into the home. To quote Betty Friedan, â€Å"They were taught to pity the...

Foundation :: essays research papers

Foundation I believe that all children should have a strong foundation in Ethnicity because ethnicity plays a role in everyone’s life. You can’t avoid ethnicity, no matter where you go. Ethnicity is not just race, but religious beliefs and other ways of life too. That is why I believe that you can’t avoid it. Children should be introduced to this foundation early in life because the earlier they learn, the more accepting of it they’ll be. Also, by learning about ethnicity at an early age, children can create their own perspective on life as they grow older. Also, children can learn what is important to other people. If they know about the way this person lives and feels, they will be closer to that person. Ethnicity is something we take for granted too often. If you ask people what ethnicity is in their minds, they’ll say Italians, Hispanics, Germans and so forth. Yes, this is true, this is part of ethnicity, but people in the same groups(i.e. Italians) donâ⠂¬â„¢t all view a subject in similar way. Often, they have different views. To educate a child in this foundation is very important. Without it, children will view everything as the same, and if that happens, people get angry with you and have ill feelings toward you. Therefore, we must educate children thoroughly in ethnicity so that they will understand life better. The Wizard of Oz- Dorothy leaves Kansas and is taken to a mysterious land. She has to adapt to the lifestyle to survive. The Emperor’s New Clothes- the emperor views the tailors as smart. When he realizes that he’s wearing nothing, he must deal with the people of his kingdom. A Christmas Carol- Scrooge sees how the families of his employees live. He realizes that he is wealthy and should share his money with others. Reading- You can read books about other countries or people. Math- You can play a game using numbers from other languages Science- You can match scientists to the country they come from

For Using Irregular Verbs Understand the Problem

R U L E S For Using Irregular Verbs Understand the problem. All verbs, whether regular or irregular, have five forms [often called principal parts]. These forms are the infinitive, simple present, simple past, past participle, and present participle. The difference between a regular and an irregular verb is the formation of the simple past and past participle. Regular verbs are dependably consistent—the simple past ends in ed as does the past participle. Check out this chart. Infinitive to laugh to start to wash to wink Simple Present laugh(s) start(s) wash(es) wink(s) Simple Past laughed started washed winked Past Participle laughed started washed winked Present Participle laughing starting washing winking Irregular verbs, on the other hand, can end in a variety of ways, with absolutely no consistent pattern. Here are some examples: Infinitive to drive to feel to put to swim Simple Present drive(s) feel(s) put(s) swim(s) Simple Past drove felt put swam Past Participle driven felt put swum Present Participle driving feeling putting swimming Writers make two frequent errors with irregular verbs: either adding an incorrect ed to the end of an irregular verb or accidentally interchanging the simple past and past participle. Read this sentence: Olivia feeled like exercising yesterday, so she putted on her bathing suit and drived to the YMCA, where she swum so far that only an extra large pepperoni pizza would satisfy her hunger. What are the problems with this sentence? First, feeled should be felt. Next, putted needs to be put. The correct past tense form of drive is drove. And we must change swum to swam. Know the solution. To avoid making mistakes with irregular verbs, learn the very long chart below. Infinitive to arise to awake to be to bear to beat to become to begin to bend to bet to bid (to offer) to bid (to command) to bind to bite to blow to break to bring to build to burst to buy to cast to catch to choose to cling o come to cost to creep to cut to deal to dig to dive to do to draw to drink to drive to eat to fall to feed to feel to fight to find to flee Simple Present arise(s) awake(s) am, is, are bear(s) beat(s) become(s) begin(s) bend(s) bet(s) bid(s) bid(s) bind(s) bite(s) blow(s) break(s) bring(s) build(s) burst(s) buy(s) cast(s) catch(es) choose(s) cling(s) come(s) cost(s) creep(s) cut(s) deal(s) dig(s) dive(s) do(es) draw(s) drink(s) drive(s) eat(s) fall(s) feed(s) feel(s) fight(s) find(s) flee(s) Simple Past arose Past Participle arisen awaked or awoke or awaked awoken was, were been bore borne or born beat beaten became become began begun bent bent bet bet bid bid bade bound bit blew broke brought built burst bought cast caught chose clung came cost crept cut dealt dug dived or dove did drew drank drove ate fell fed felt fought found fled bidden bound bitten or bit blown broken brought built burst bought cast caught chosen clung come cost crept cut dealt dug dived done drawn drunk driven eaten fallen fed felt fought found fled Present Participle arising awaking being bearing beating becoming beginning bending betting bidding bidding binding biting blowing breaking bringing building bursting buying casting catching choosing clinging coming costing creeping cutting dealing digging diving doing drawing drinking driving eating falling feeding feeling fighting finding fleeing Infinitive to fling to fly to forbid to forget to forgive to forsake to freeze to get to give to go to grow to hang (to suspend) to have to hear to hide to hit to hurt to keep to know to lay to lead to leap to leave to lend to let to lie (to rest or recline) to light to lose to make to mean to pay to prove to quit to read to rid to ride to ring to rise to run Simple Present fling(s) flies, fly forbid(s) forget(s) forgive(s) forsake(s) freeze(s) get(s) give(s) go(es) grow(s) hang(s) has, have hear(s) hide(s) hit(s) hurt(s) keep(s) know(s) lay(s) lead(s) leap(s) leave(s) lend(s) let(s) lie(s) light(s) lose(s) make(s) mean(s) pay(s) prove(s) quit(s) read(s) rid(s) ride(s) ring(s) rise(s) run(s) Simple Past Past Participle lung flung flew flown forbade or forbad forbidden forgotten or forgot forgot forgave forgiven forsook forsaken froze frozen got got or gotten gave given went gone grew grown hung had heard hid hit hurt kept knew laid led leaped or leapt left lent let lay lighted or lit lost made meant paid proved quit read rid rode rang rose ran hung had heard hidden hit hurt kept known laid led leaped or leapt left lent let lain lighted or lit lost made meant paid proved or proven quit read rid ridden rung risen run Present Participle flinging flying forbidding forgetting forgiving forsaking freezing getting giving going growing hanging having hearing hiding hitting hurting keeping knowing laying leading leaping leaving lending letting lying lighting losing making meaning paying proving quitting reading ridding riding ringing rising running Infinitive to say to see to seek to send to set to shake to shine (to glow) to shoot to show to shrink to sing to sink to sit to slay to sleep to sling to sneak to speak to spend to spin to spring to stand to steal to sting to stink to stride to strike to strive to swear to sweep to swim to swing to take to teach to tear to tell to think to throw to understand to wake Simple Present say(s) see(s) seek(s) send(s) set(s) shake(s) shine(s) shoot(s) show(s) shrink(s) sing(s) sink(s) sit(s) slay(s) sleep(s) sling(s) sneak(s) speak(s) spend(s) spin(s) spring(s) stand(s) steal(s) sting(s) stink(s) stride(s) strike(s) strive(s) swear(s) sweep(s) swim(s) swing(s) take(s) teach(es) tear(s) tell(s) think(s) throw(s) understand(s) wake(s) Simple Past said saw sought sent set shook shone shot showed shrank sang sank or sunk sat slew slept slung sneaked or snuck spoke spent spun sprang or sprung stood stole stung stank or stunk strode struck strove swore swept swam swung took taught tore told thought threw understood woke or waked Past Participle said seen sought sent set shaken shone Present Participle saying seeing seeking sending setting shaking shining hot shooting shown or showed showing shrunk shrinking sung singing sunk sinking sat sitting slain slaying slept sleeping slung slinging sneaked or sneaking snuck spoken speaking spent spending spun spinning sprung springing stood standing stolen stealing stung stinging stunk stinking stridden striding struck striking striven striving sworn swearing swept sweeping swum swimming swung swinging taken taking taught teaching torn tearing told telling thought thinking thrown throwing understood understanding waked or woken waking Infinitive to wear to wring to write Simple Present wear(s) wring(s) write(s) Simple Past wore wrung wrote Past Participle worn wrung written Present Participle wearing wringing writing In addition to learning the chart above, you must also understand the difference between the simple past and past participle. A simple past tense verb always has just one part. You need no auxiliary verb to form this tense. Look at these examples: Because dinner time was near, my dog Oreo bit the spine of Moby Dick and pulled the novel off of my lap. Because Denise had ignored bills for so long, she wrote out checks for an hour straight. Despite the noise, jolts, and jerks, Alex slept so soundly on the city bus that he missed his stop. Many multipart verbs, however, require the past participle after one or more auxiliary verbs. Read these sentences: Raymond had bitten into the muffin before Charise mentioned that it was her infamous chocolate-broccoli variety. had = auxiliary verb; bitten = past participle Once Woody has written his essay for Mr. Stover, he plans to reward himself with a packet of Twinkies. has = auxiliary verb; written = past participle Cynthia might have slept better if she hadn't watched The Nightmare on Elm Street marathon on HBO. ight, have = auxiliary verbs; slept = past participle For regular verbs, knowing the distinction between the simple past and past participle is unnecessary because both are identical. Check out these two sentences: Diane giggled as her beagle Reliable pushed his cold wet nose into her stomach, searching for cookie crumbs. giggled = simple past Until the disapproving Mrs . Wittman elbowed Latoya in the ribs, the young girl had giggled without stop at the toilet paper streamer attached to Principal Clemens’s shoe. ad = auxiliary verb; giggled = past participle When you choose an irregular verb for a sentence, however, the simple past and past participle are often different, so you must know the distinction. Here are two examples: Essie drove so cautiously that traffic piled up behind her, causing angry drivers to honk their horns and shout obscenities. drove = simple past Essie might have driven faster if she hadn't forgotten her glasses and saw more than big colored blurs through the windshield. might, have = auxiliary verbs; driven = past participle In addition, past participles can function as adjectives in sentences, describing other words. When you use a past participle in this manner, you must choose the correct form. Read these sentences: The calculus exams given by Dr. Ribley are so difficult that his students believe their brains will burst. Delores discovered the stolen bologna under the sofa, guarded fiercely by Max, her Chihuahua. The written reprimand so shamed poor Pablo that he promised his boss never to throw another scoop of ice cream at a customer again. Remember that you can always consult a dictionary when you have a question about the correct form of an irregular verb. Â ©1997 – 2010 by Robin L. Simmons All Rights Reserved.

Explain Why It Is Difficult to Talk Meaningfully About God Essay

Religious lyric poem is defined as the communication of ideas close to God, faith, belief and practice. This explanation pull backs it difficult to let the cat out of the bag purposefully virtually it as each of these words cede concepts behind them and each and every respective(prenominal) interprets these distinguishablely, so spectral diction is different to everyday language, as it only denotes to an somebodys belief and faiths traditions.There argon also many troubles with religious language as a whole as it anthropomorphises God, by using terminology such(prenominal) as Him King and Shepherd this is check and subjects God to get under ones skin kindkind qualities, which is against what The word of honor wants to portray God as. in any case some other problem is that some think that religious language is cognitive, thus something must be known nearly God to talk nitty-grittyfully around it. besides this creates the problem that religious asseverations a tomic number 18 not about objective facts that can be turn up professedly or chimerical entirely atomic number 18 answers to questions that are unable to be validated, as they are based on objective facts that are open to cognition. These issues halt led to religious believers to find shipway in which they can talk about God in a pregnant way and the opposite as non-believers are searching for ways to render religious language meaningless.A group of philosophers called the consistent confident(p)s who as a group did not seek to understand how we gain knowledge of the external world, but how we use language to convey it. They believed that everything that can be verify is important. Thus the chit principle was developed which tell that if it could be experiential tried and true by the five senses then it was meaningful, for example, a house is made of gingerbread, is meaningless as it can be proved false by taking stone samples from the house. Yet this causes a prob lem when talking about philosophical and religious aspects.The logical positivists estimation it was tearless to talk about art, music, moral principle and God as it could never be verified, so couldnt be rendered true or false. Therefore it is meaningless as it is utilize to consider things beyond the human experience and this creates the impossibility to understand to meaning of anything being said. A. J. Ayer a logical positivist introduces two types of tick, strong and weak, to deal with the bankers acquiesceance of scientific and historical propositions which are seek to regard as meaningful ornot. Strong verification is when there is overbearing no doubt that a statement is true, as it is verified through and through sense, for example, It is delightful today. Yet weak verification occurs when some of the observations are not once and for all true or false, for example, humans are made of atoms as this may be accepted by people who were at the beat of the discovery , also future scientific statements are verified by the weak, as they go out only be substantiate in the future not at present.The falsification principle created by Flew, declared that religious statements are meaningless as there nothing which can itemize against a religious believer, as they will not count or accept any of the evidence against their faith. Criticism dies the ending of a thousand qualifications. For example Flew used the story of a draw of a terminally ill child, prayed for God to make their child better, but the child died, the father qualifies this by saying it was Gods decision and maybe Gods love is not merely human love.Tillich believed that religious language was meaningful as it was conveyed through metaphors and symbols, however philosophers such as Paul Edwards thought that disclosure could not be portrayed through the verification principle using empirical evidence thereof symbols dont elude any factual knowledge, and are meaningless. Another crit ique of Tillich is that he stated that metaphors and symbols can be mistranslated and over time the original meaning may have been lost or forgotten therefore considering symbols meaningless as the meaning may have been changed from what was originally intended to represent.Also with the criticism that symbols can be see in any way the various(prenominal) wants to, this is demising the ultimate truth of reality it is act to convey as it may point in a different watchfulness as to which was also originally intended. Overall, the verification and the falsification principles argue that it is not assertable to talk about God meaningful way as it is not potential to prove the existence of God of go verify any of the statements related to God.

Functional requirement Essay

Prerequisites are categorized in many of ways.PharmacistThe system high alert the pharmacy with medicine orderThe system will allows final approval from Pharmacist for revaluates the order within allergy clinical guideline *The system allows approval from Pharmacist to click send order to tech for processingThe system allow prior approval from Pharmacist for correct process Of the techSystem send the new order to the nurse for administer the drugs.4. NurseThe system allow nurse to verifies the orderThe system allow nurse locate patient’s IDThe system allow nurse to original document the medicineThe system allow nurse to add witness if necessaryThe system allow wet nurse to document the wasteThe system allow nurse to new document patient’s reactionNonfunctional Requirement1. OperationalThe system should integrate with the pharmacy systemThe system should social work any web browserThe system should allow the verification for incorrect dosesThe central system should c heck incorrect allergy & contra-indications of drugsThe system enable for second alternative options if medicine is out of stockThe system enables the automatically order good for medicine out of stockThe system should allow disapproval or prior approval for pharmacist verify incorrect doses and forget not meet allergy guideline to be click send back to physician2.Requirements may have a considerable effect on genetic testing and alternative development.Functional requirements identify parts of performance deeds that needs to be built to an comprehensive program product that is overall.

Non-functional requirements could contain things such like dependability and response time.Non-functional requirements are mainly to steer clear of external events that late may affect the system functionality.Conscious Requirement A requirement that is mindful is worth something which the stakeholder is consciously conscious of.A functional demand has number a own name summary and a rationale.

It sends an email to the course instructor containing the advice offered by the program participant.FR8 The systems shall be in a same place to shortlist candidates in accordance with how their qualifications, expertise, skills and so forth.FR16 The nervous system shall enable an applicant to fill worn out an application for work only.Of course, to be aware that it complies with all NFRs, it has to be analyzed.

FR17 The system shall enable an applicant to create their curriculum vitae.Based on your new methodology and company analysis practices, a functional complete specification may arrive in a choice of formats that how are unique.Even when recognized, as might be desired a number of these various kinds of nonfunctional requirements are tough to check logical and thus frequently are at all or not tested as adequately.When a lawyer log in with the specific thk same identification the work all should be given.