Wednesday, July 31, 2019

Reserach Methodology Essay

3.1 Research Design This study is a quantitative-descriptive in nature where the purpose is to describe the level of student’s satisfaction on services provided by the school towards the enrollment system through quantitative research method to quantify and reflect in numbers the observation made of the respondents being studied (Sampa, 2012). It attempts to explore and explain while providing additional information about the topic. This is where research is trying to describe what is happening in more detail, filling in the missing parts and expanding our understanding. This is also where as much information is collected as possible instead of making guesses or elaborate models to predict the future – the ‘what’ and ‘how,’ rather than the ‘why.’ The researchers used a modified questionnaire which answers the first two objectives of this study which is the extent to which students meets and/or exceeds their expectations and perceptions towards the enr ollment system provided by the University of Mindanao. 3.2 Research Respondents The respondents of this study were the students of University of Mindanao selected randomly according to their year level and their type (freshmen, old student, and transferee). 3.2.1 Population Population, statistically, refers to the entire aggregate of items, i.e., group of people or element, who shares common set of characteristics or interest, from which samples can be drawn, in which the researcher wishes to investigate. University of Mindanao has large population of students from both Bolton Campus and Matina Campus, hence, the population refers to the University of Mindanao students who are enrolled in Matina Campus. 3.2.2 Sampling Frame Sampling Frame refers to the target population. In this study, 60 respondents was selected from students currently enrolled in Matina Campus. 3.2.3 Types of Sampling Technique The researcher chose the simple random sampling whereby every element is selected independently and the sample is drawn by a random procedure from  the sampling frame. Sekaran(2003) as cited by Abdullah (2005) points out that through simple random sampling technique, all elements in the population are carefully weigh and each element has an equal chance of being chosen as the subject. If the main objective of this study is to generalize the ability of the findings to the whole population then, this sampling design is best suited. 3.2.4 Sampling Size It is concerned with how many people that should be surveyed. The sample size larger than 30 and less than 500 are appropriate for most research (Roscoe (1975) cited by Abdullah ( 2005)). It is believe that large sample generates inevitable results than smaller samples. However, it is not necessary to sample the entire target population or even a material portion to have reliable results. With this, the researcher only chose 60 sample units as the sampling size randomly due to the time constraints, cost and other human resources. Sixty questionnaires were being distributed to respondents who are currently enrolled in Matina Campus. 3.3 Research Instruments The researchers used a survey questionnaire in checklist form. This instrument was modified by the researchers to establish the level of student’s satisfaction on enrolment system provided by University of Mindanao. The instrument determined, among others, the gender, type of student (freshmen, old student and transferees), and year level of the respondents. The Itemized Rating Scale survey was the selected questionnaire type as this enabled the respondents to answer the survey easily. Though, it is somewhat similar to Likert Scale but it uses other than agreement /disagreement item statement. This rating scale requires the subject to indicate his or her level of satisfaction to a statement. In this type of questionnaire, the respondents were given five response choices.

Tuesday, July 30, 2019

Changes in Africa from 500 C.E to 1500C.E Essay

The role of religion has changed over time in West Africa from the migration of Islam bringing its new faith, rituals, and establishment of a greater connection with the outside world through trade and cultural diffusion. However the unique African religion that existed beforehand was still retained; the African culture still believing in animism and polytheism even after the spread of Islam. From 1000-1500 CE the role of religion has seen changes and continuities influenced by the spread of foreign territories, economics, and political/social systems in West Africa. Religion in any time and has several profound influences on its society affecting the moral codes, gender relationships, and politics on that area. Previously, Africa although not fully isolated from the centers of other civilizations, remained secluded from communication with them, slowing the indigenous religions to be the main belief system. West Africa’s first major change begun around 1000 CE when followers of the prophet Muhammad came across Africa bringing its religion, Islam, and social changes. Due to its connection with the Islamic world Africa started to connect with other foreign territories through its new trading and long distance commerce system, exchanging new ideas and products. Furthermore, this new connection with the outside world brought occupants to the area, resulting in a population about 30 to 60 million by 1500 CE. These new economic effects deteriorated the native’s beliefs role as the sole influence of its society, sharing that position with Islam. Also, the Islamic influence brought on by merchants and travelers spread the new faith across West Africa bringing mixed results from new converts and those who remained with the original religion. In the 12th century around the Sudanic states lived a very powerful ruler, called Sundiata, who though never forcing Islam on the citizens encouraged the spread of Islam, attracting many converts. Around the 13th century in the Kingdom of Mali became an example of Islamicized Sudanic Kingdoms from the building of mosques, attendance of Muslim prayers, and emphasized obedience to kings. In addition, ruling leaders often took Islamic titles enforcing their authority and displaying the cultural diffusion connected with Islam. Though the role of religion in West Africa has been altered due to the spread Islam many of its traditional ethic concepts have been retained and practiced. Despite the fact that Islam was introduced around 1000 CE, unlike in other countries, the new religion was not forced upon the people and some chose to convert, while others kept the traditional beliefs. One original concept of religion that has not changed in Africa is its monotheistic beliefs where there is one superior, all powerful deity who controls the course of the world and influences its population. Also, apart from the superior creator god there is animism, in which Africans recognize lesser deities often associated with natural forces, like water, wind, sun, etc, who are connected with the affairs of humans, good or bad. Many native rituals are focused on honoring these gods and other spirits for good fortune, including prayers, sacrifices, ceremonies marking important stages in life, like birth, marriage, and death. Furthermore, another religious practice that remained intact is the recognition of diviners, or individuals who were believed to be the bridge between mortality and the divine, who knew the causes of problems and their solutions spiritually. Also, though Islam was a major change brought on by 1000 CE, throughout 500 years it remained a steadfast religion, which had some beliefs similar to that of the traditional religion. In addition Islam did not change African gender systems and supplanted original religions, rather than replace them. Although many changes were incorporated into its spiritual life, religion still determined the ethical/moral code of the population determining the social and cultural manner of West Africa. The Islamization that took place within West Africa from 1000 to 1500 CE brought a variety of religious, political, and economic changes in its society, contrary to the diversity and individuality that remained. With the spread of Islam came a broader trading network which brought Africa new ways of communication with the outside world, bringing new ideas of faith and migrants to the area. Though the movement of new faiths traveled across the Sudanic states bringing new forms of worship, religion was still the main authority that determined the ethical/ social patterns of Africa. With this in mind much of African religion was retained, leading many people to live a life devoted to animism and several nature deities. Around the beginning of 1500 CE much of West Africa, especially Ghana, Mali, and the Sudanic kingdoms, became a fusion of African culture and Islamic influence, with greater connection to the outside world and Islam while great diversity remained.

Things we Carry essay

My thing carried is a cellophane. It's convenient, awesome, and Just great to have around. It represents everyone's social status. Keeping up with friends is also ten times easier. I carry it with me always to keep in contact with everyone I know. My phone also serves as a multi-purpose fun machine. I get to play silly games when I'm bored, watch movies I put on my phone. Fight Club, mostly. Every night I make sure to charge my phone. A day without my phone Is worse than It should be, but most people depend on their phone. So It doesn't bother me. A person's phone In a small way defines a person.I have seen a ton of different phones In my day. If you see someone with a 2005 cherry red flip phone, you're never going to assume they could be a CEO of a major company. He would have a Blackberry, and every girl in high school that wears jug boots Instantly has an Phone from the last 2 generations, minimum. It represents your class and how social you are. A perfect fit for high school. Kid s definitely judge you on your phone to a certain extent, if it's â€Å"cool† or â€Å"in†. No one will actually say something or bully someone based on a phone but the intense judging is still very present.I feel like it would really fun if no one had cell phones. People would actually have to talk to other people to accomplish things. Everyone would feel more social, alive, and joyful. Of course, this dream will never happen so as long as cellophanes are still in every single persons pocket. I will continue to keep my cell phone on me at all times if for no other reason than to keep in touch with everyone, because everyone else loves phones. Phones are definitely not all bad, they are really amazing to have on you. It Just doesn't seem worth it to miss out on the social parts of high school.This opinion doesn't seem to e too common among most high-choler's. Its only because they don't understand how fun it would be to actually go on adventures with friends and be foc used on what you're doing at all times. No side testing or checking Faceable. Friendships would be created faster. People would actually get to know each other. It's a tiny bit sad actually, so many people use so many phones every day, that not having a phone Is pretty much socially unacceptable, and to not have a phone In high school Is to be cut off from all news and gossip. People almost always Just get the phone their friends have. It's a class thing.We do this, we sit here, we dress this way, and we use this phone. Phones will never stop though, next Its Google Glass, then Its self-driving cars, before anyone knows It everyone Is the chairs from WALLET on a giant spaceship. Don't worry too badly though, that's a long way away. Also, It doesn't even seem Like that bad of a way to go. My thing carried is a cellophane, it's great to have. Comes with a few small drawbacks but as long as everyone else carries a cell phone every day, I don't really mind also using my cellophane to be able to contact anyone at any time. Cellophanes you when bored. Cellophanes are amazing, Just not perfect.

Monday, July 29, 2019

Philo Essay Example | Topics and Well Written Essays - 500 words

Philo - Essay Example Narrative experience could be built on actual life circumstances and situations that have taken place over a period of time or these could be mythical in nature, which would mean that the person has heard some legends from different people or read the same somewhere and then tried to relate them with his own life (Bottum 2008). At times, it is also possible that these mythical experiences are true, which goes to suggest that people have faith in the authenticity of fables and stories that have been on the rounds since a long time. This indeed is a very fulfilling experience for the people who want to seek the best of both worlds, i.e. the real world as well as the one which is indeed based on myth and lacks sound logic. Moving on, the narrative abilities of a person help him to comprehend the real meaning of human life and this facilitates him in his quest to learn quite a number of things all this while. These different experiences therefore are very satisfying for him as he tries to relate the real experiences with the mythic ones, where the latter are just the stories that he has heard over a period of time and have little or no bearing on his life in essence (Author Unknown 2004). What is even more interesting is the fact that narrative and mythic experiences are based on the state of mind of a person, i.e. the exact situation under which he has listened to the fable which indeed is a part of the mythic experience or the real life story that he has been a part of, known as an actual narrative. In essence, in the time and age of today, it is of paramount significance if an individual tries his best to experience life’s different shades so that he could extract happiness, joy and delight from what is on offer in front of him. It would be a pity to suggest that those people, who do not like to narrate what is happening in front of them or with them, usually do not experience life completely and this means that they are missing out on a number of things in

Sunday, July 28, 2019

Recruitment and Selection of personnel. How to evaluate the Essay

Recruitment and Selection of personnel. How to evaluate the effectiveness of recruitment processes - Essay Example In the next step, the research establishes a correlation between hiring methods and organizational performance across various parameters like financial, productivity, quality, customer satisfaction, employee satisfaction and quality staff retention. Research finds that some of the recruitment and selection practices have a higher correlation with organizational performance across all the above stated parameters. Finally the study suggests methods for evaluating the effectiveness of the recruitment and selection practices. Among various studies on human resource practices, there aren’t many that focus on measuring effectiveness of recruitment and selection methods. Recruitment and selection are those vital components of HR function that provide human capital to the organization, which forms the core of competitive advantages for the company. Attracting quality manpower through various strategies, screening, short listing and carrying them through the selection process and finally inducting the most suitable candidates in the organization are the various stages involved. Some of the researchers like Breaugh & Starke (2000) have tried to find a correlation between recruitment process and subsequently success of the selected candidate on the job. That provides one parameter for measuring the effectiveness of one of the components. Retention of the selected employees cant be ignored from the scope of effectiveness of recruitment and selection strategies. Though once the suitable candidate is hired, half the job is done, some of the issues related directly to employee turnover and retention, might be unrelated to recruitment and selection processes. However, staff turnout before becoming productive, can be a sign of ineffective process. In todays competitive world, Human Resource function isnt just a support function and the measures like Balanced Score Card have been developed to measure HR from financial perspective as

Saturday, July 27, 2019

SAM 400 UNIT 2 Essay Example | Topics and Well Written Essays - 250 words

SAM 400 UNIT 2 - Essay Example They have acquired a self regulatory type of focus to help develop their behavior and motivations as well. Motivation can also be achieved through a simple gesture of employee recognition. This is in line with awarding what an employee has achieved as it works to boost his or her self esteem. The American work force is made up of people from various walks of life. Its diversity is notable. With this in mind, it is necessary to consider the interpersonal relationships within the working environment. An organization can only do well if at all every employee, irrespective of their affiliations and backgrounds, is working towards achieving a similar objective. This is an aspect of cohesion such that a good leader will work on harmony, cohesion and unity in the workplace. Technological advancement is a force to reckon with in any given organization. Those who have embraced it have reaped its benefits with respect to levels of motivation that can be inspired within an organization. America has embraced technology and therefore incorporated the various related aspects to ensure efficiency in the operation of the organizations. In this case, technological events have played a key role to influence current attitudes of leadership (Mind-tools.com, 1). In America, people are aware of their rights. It is evident how the issue of equality has taken centre stage in many heated debates. Minority groups such as women, children and the gay, too have their rights that should be equally respected. These groups are known to play one part or another in various organizations. Currently, a leader has to be very sensitive to such issues in order to realize efficiency within the organization. In conclusion, leadership styles have transformed from one level to another. This is necessary to keep up with the dynamic nature of the world. Adaption ensures that a leader is on the leading edge rather than a trailing edge. Kark, Ronit and Dijk Van Dina. â€Å"Motivation to Lead,

Friday, July 26, 2019

Media representation of womens body. The change in advertising from Research Proposal

Media representation of womens body. The change in advertising from skinny models to everyday women - Research Proposal Example The Research proposal proves vital for the well being of all women. Just imagine Michael Angelo sculpting an Ally McBeal? Or Rembrandt painting Naomi Campbell? Or even Jane Austen portraying her female protagonist Elizabeth in beautiful gowns with nothing but bones and skin over her body? Besides saving Marble for the statue, paint and material for the painting, and word space to describe her heroine, there seems little achievement in choosing such models to depict the concept of beautiful women, in the field of art, literature or society, be it in the early 1500 century or the 21 century we are living in. But that was a time when there was nothing like the modern media. The society had scope to think for itself. Forms of expressions were for betterment of society and were devoid of manipulations. They were close to reality and in genuine proximity to nature unlike today. Women were a focus of every society although perspectives of representations of females have undergone catastrophic changes through the far reaching tentacles of the seductive, tantalizing and captivating media of modern consumerism and the capitalistic society. Buxom Belles represented beauty and prosperity. The Milkmaid by J Vermeer is admired as a masterpiece of art even today. Not only because of its excellence in painting skills and the superb realistic effects in the painting but also because of the daily life maid, the bulky but beautiful model he has chosen for his painting. Religions the world over revered the natural status of women for child bearing and rearing. Medical fields respected natural biology and the unique metabolism of humans. Sociologists acknowledge the well being of women to be a vital part of a healthy society in a nation. Anthropologists reported buxom bodied women as highly regarded females in native cultures of the world.

Thursday, July 25, 2019

Intelligence Research Methods Essay Example | Topics and Well Written Essays - 250 words - 1

Intelligence Research Methods - Essay Example The most in-depth paper that I had to write was a research paper on the class international relations of in the middle-east for the topic; Islam and politics. Although the terminology might not be the same, I am sure with my analytical skills; I can do great and well detailed papers as these are invaluable skill sets. Though the technology has pretty much reduced the need for analytics as there are now softwares that analyze data, these cannot be done away with as they are the ones checking the validity and fundamental worth of data. Although both scholarly and intelligent research methods might seek to determine whether data is reliable and authoritative, the scholarly researchers have not embraced the notion of going out and searching for data sources as the intelligence community does with security in mind. This is very true as in the world of a scholar; there are much analysis and data validation techniques that are applied as the skills are there but not geared towards solving security puzzles. There needs to be integration of the scholarly and intelligence community research methods and processes to shape up great data analysts. Catholic University of America, School of Library and Information Science â€Å"Library Science and Intelligence Analysis: Converging Educational Paths†. You Tube. Flash Video File. https://www.youtube.com/watch?v=wSbfUZ2bg_Y (Accessed April 9, 2014)

Wednesday, July 24, 2019

Based on recent event, discuss whether the stock markets are efficient Essay

Based on recent event, discuss whether the stock markets are efficient according to the Effficient Market Hypothesis - Essay Example This is based on the ideal of ‘a balancing act’, where markets are regarded as knowing the best means forward. However, skeptics of the above, view markets as being necessarily inefficient due to the various forms of risks involved. The reasoning behind the aforementioned theory is that a free and competitive market arena does place various pricing indices to their true basic values. Lo (2007), provides that the Efficient Markets Hypothesis (EMH) does showcase the fact that market pricing indices do fully reflect all available data. This however does not eliminate critique, especially from behavioral economists and psychologists, who view it as being founded on assumptions which are counter-factual, especially with regard to human behavior/ rationality. A distinction is made between technical and fundamental analysis of stock pricing indices. The former, entails the utility of volume charts and geometric patterns in pricing, towards forecasting a given security’s future price fluctuation. The latter on its part, is concerned with the utility of both economic and accounting data, towards determining a given share’s fair valuation. Pegged on this assumption is the fact that as the existing market enhances overall efficiency, so does the price sequencing become completely unpredictable and random (Lo, 2007:17). As Shiller (2013) provides, though humanity continues being influenced by past global occurrences in the market arenas, this does not in any way remove the presence of existing market anomalies. The fact that the South American state of Colombia continues experiencing a real-estate bubble, which is ongoing, is representative of the volatility of the current market sector. With its real-estate pricing index rising by 69%, in terms of inflation-adjusted calculations, it provides a crucial insiders’ view of how market inefficiency continuously evolves. Rationality in individuals’ participation in various economic bubble s is educated by amongst others, the price increases as a result of the prevailing psychological contagion. It is this fundamental human aspect, which promotes a given mindset of justifiable price increases, thereby spurring fervent market activities. Due to the inherent nature of

How important is it that education is immediately and obviously Essay - 1

How important is it that education is immediately and obviously relevant to the interests of the pupils and to life in society - Essay Example Another education act was passed in 1944; it administered the creation of the Ministry of education, which in turn established compulsory and free secondary school education. The essay discusses how education is important and its relevance to the pupils and the society in the United Kingdom. The types of schools clearly show how education is important in the United Kingdom. Most of the most famous schools in the United Kingdom are the private boarding schools, for instance, the Winchester School. The famous private schools were founded in the middle ages and parents need to pay a lot of fees for their children to study in such schools (Arthur 2010, p. 82). Although, the schools are considered for the influential and rich families; they also offer scholarships for the gifted but poor children. Private schools that take children between the age of 7 and 13 are referred to as kindergartens. On the other hand, those that take children between the age of 11 and 19 are referred to as public schools. Research shows that only 7 per cent of the United Kingdom attends the private schools (O’Hear&Sidwell 2009, p. 34). The General Certificate of Secondary Education (GCSE) is given at age 16. If the student qualifies, he or she proceeds to the Advanced level of education commonly referred to as the â€Å"A† levels. Some of the students can be advised to stay in school up to age 18 to prepare themselves for higher education. The United Kingdom has 90 universities which the students can enrol. They are divided into several categories. The common universities are the University of Cambridge and University of Oxford (Bubb 2009, p. 56). Apart from the universities, students can also enrol in advanced education. The advanced education mainly focuses on applied technology and sciences, and they are polytechnics (Wright 2010, p.78). The polytechnic focuses on people who may not have qualified to go to

Tuesday, July 23, 2019

Anti death penalty Essay Example | Topics and Well Written Essays - 750 words

Anti death penalty - Essay Example An example from the history tells us that in 1975, two African American men in Florida named Freddie Pitts and Wilber Lee were granted commutation after twelve long years awaiting death-penalty for the murder of two white men. Their conviction was as a result of constrained confessions, spurious testament and an adduced bystander. After a long time of nine-years of battle in the courts, a white confessed his guilt and Pitts and Wilber were granted absolution by the governor. Had their death-penalty not been delayed due to the court-battles, they would have naively executed (Bedau, November 10, 1999). The history of death penalty can be traced back to the eighteenth century (B.C) when the laws for it were established. As years passed these penalties were used all over the world to kill the guilty people. After the World War II the United States protected pregnant women, elders and children from these death penalties but did not abolish it completely. Over these years many countries ha ve abolished it but the United States still follows it to a certain extent (Death Penalty Information Center 2011). The proponents of the death-penalty justify it by biblical quotations to use death penalty as the ultimate punishment for murders and equivalent crimes. The bible says that the murders must be vindicated: life for life is what the bible says about murders. But the justifications presented cannot be applied in the modern world because of the ethics that apply these days. The bible’s quotation about life for life was for that time when the unjust and violent people were killing innocent and exemplary people. According to most of the people, the death-penalty should be abolished from the U.S and that the criminals must be given a chance to change themselves. Death row inmates can spend their time in the law library and interact with each other and somehow get the wind of the crime of what they have done and accept to change from the bottom of their hearts. The proc ess of death qualification was constitutionally challenged in Lockhart v. McCrea on the basis that it produces unrepresentative and doctrine procumbent juries. The United States Supreme Court rejected such challenges by questioning the truthiness of the relevant social science research. But according to me, the challenges made were completely just and the government should have had taken suitable steps in order to eradicate this barbaric act from the society (Guernsey 2010) The moral disengagement is also an aspect worth discussing in this regard. According to a study by Osofsky, Bandura and Zimbardo in 2005, they took direct words from the executioner. The executioner said that the ECG monitors are in front of him when he carries out the process. His duty is to push the syringe in the veins of the guilty and lower the heart beat of the guilty until it becomes flattened. The harder he pushes, the more flattened is the graph and once he empties the last injection, the pulse rate reac hes zero indicating that the guilty is now dead. He adds further that it is distraught to see someone die in front of him and leaves a great impact on him even after some days. This research helps to conclude that the executioner has vivid thoughts about the incident too as it is a harsh process to be carried out (Osofsky et al 2005). The opponents believe that death-penalty should be abolished because it is a barbaric act of murder which involves the death of an individual in a

Monday, July 22, 2019

Animal Extinction Essay Example for Free

Animal Extinction Essay Animal Extinction the greatest threat to mankind In the final stages of dehydration the body shrinks, robbing youth from the young as the skin puckers, eyes recede into orbits, and the tongue swells and cracks. Brain cells shrivel and muscles seize. The kidneys shut down. Blood volume drops, triggering hypovolemic shock, with its attendant respiratory and cardiac failures. These combined assaults disrupt the chemical and electrical pathways of the body until all systems cascade toward death. Such is also the path of a dying species. Beyond a critical point, the collective body of a unique kind of mammal or bird or amphibian or tree cannot be salvaged, no matter the first aid rendered. Too few individuals spread too far apart, or too genetically weakened, are susceptible to even small natural disasters: a passing thunderstorm; an unexpected freeze; drought. At fewer than 50 members, populations experience increasingly random fluctuations until a kind of fatal arrhythmia takes hold. Eventually, an entire genetic legacy, born in the beginnings of life on earth, is removed from the future. Scientists recognise that species continually disappear at a background extinction rate estimated at about one species per million per year, with new species replacing the lost in a sustainable fashion. Occasional mass extinctions convulse this orderly norm, followed by excruciatingly slow recoveries as new species emerge from the remaining gene-pool, until the world is once again repopulated by a different catalogue of flora and fauna. From what we understand so far, five great extinction events have reshaped earth in cataclysmic ways in the past 439 million years, each one wiping out between 50 and 95 per cent of the life of the day, including the dominant life forms; the most recent event killing off the non-avian dinosaurs. Speciations followed, but an analysis published in Nature showed that it takes 10 million years before biological diversity even begins to approach what existed before a die-off. Today were living through the sixth great extinction, sometimes known as the Holocene extinction event. We carried its seeds with us 50,000 years ago as we migrated beyond Africa with Stone Age blades, darts, and harpoons, entering pristine Ice Age ecosystems and changing them forever by wiping out at least some of the unique megafauna of the times, including, perhaps, the sabre-toothed cats and woolly mammoths. When the ice retreated, we terminated the long and biologically rich epoch sometimes called the Edenic period with assaults from our newest weapons: hoes, scythes, cattle, goats, and pigs. But, as harmful as our forebears may have been, nothing compares to whats under way today. Throughout the 20th century the causes of extinction habitat degradation, overexploitation, agricultural monocultures, human-borne invasive species, human-induced climate-change increased exponentially, until now in the 21st century the rate is nothing short of explosive. The World Conservation Unions Red List a database measuring the global status of Earths 1. million scientifically named species tells a haunting tale of unchecked, unaddressed, and accelerating biocide. When we hear of extinction, most of us think of the plight of the rhino, tiger, panda or blue whale. But these sad sagas are only small pieces of the extinction puzzle. The overall numbers are terrifying. Of the 40,168 species that the 10,000 scientists in the World Conservation Union have assessed, one in four mammals, one in eight birds, one in three amphibians, one in three conifers and other gymnosperms are at risk of e xtinction. The peril faced by other classes of organisms is less thoroughly analysed, but fully 40 per cent of the examined species of planet earth are in danger, including perhaps 51 per cent of reptiles, 52 per cent of insects, and 73 per cent of flowering plants. By the most conservative measure based on the last centurys recorded extinctions the current rate of extinction is 100 times the background rate. But the eminent Harvard biologist Edward O Wilson, and other scientists, estimate that the true rate is more like 1,000 to 10,000 times the background rate. The actual annual sum is only an educated guess, because no scientist believes that the tally of life ends at the 1. 5 million species already discovered; estimates range as high as 100 million species on earth, with 10 million as the median guess. Bracketed between best- and worst-case scenarios, then, somewhere between 2. 7 and 270 species are erased from existence every day. Including today. We now understand that the majority of life on Earth has never been and will never be known to us. In a staggering forecast, Wilson predicts that our present course will lead to the extinction of half of all plant and animal species by 2100. You probably had no idea. Few do. A poll by the American Museum of Natural History finds that seven in 10 biologists believe that mass extinction poses a colossal threat to human existence, a more serious environmental problem than even its contributor, global warming; and that the dangers of mass extinction are woefully underestimated by almost everyone outside science. In the 200 years since French naturalist Georges Cuvier first floated the concept of extinction, after examining fossil bones and concluding the existence of a world previous to ours, destroyed by some sort of catastrophe, we have only slowly recognised and attempted to correct our own catastrophic behaviour. Some nations move more slowly than others. In 1992, an international summit produced a treaty called the Convention on Biological Diversity that was subsequently ratified by 190 nations all except the unlikely coalition of the United States, Iraq, the Vatican, Somalia, Andorra and Brunei. The European Union later called on the world to arrest the decline of species and ecosystems by 2010. Last year, worried biodiversity experts called for the establishment of a scientific body akin to the Intergovernmental Panel on Climate Change to provide a united voice on the extinction crisis and urge governments to action. Yet, despite these efforts, the Red List, updated every two years, continues to show metastatic growth. There are a few heartening examples of so-called Lazarus species lost and then found: the wollemi pine and the mahogany lider in Australia, the Jerdons courser in India, the takahe in New Zealand, and, maybe, the ivory-billed woodpecker in the United States. But for virtually all others, the Red List is a dry country with little hope of rain, as species ratchet down the listings from secure to vulnerable, to endangered, to critically endangered, to extinct. All these disappearing species are part of a fragile membrane of organisms wrapped around the Earth so thinly, writes Wilson, that it cannot be seen edgewise from a space shuttle, yet so internally complex that most species composing it remain undiscovered. We owe everything to this membrane of life. Literally everything. The air we breathe. The food we eat. The materials of our homes, clothes, books, computers, medicines. Goods and services that we cant even imagine well someday need will come from species we have yet to identify. The proverbial cure for cancer. The genetic fountain of youth. Immortality. Mortality. The living membrane we so recklessly destroy is existence itself. Biodiversity is defined as the sum of an areas genes (the building blocks of inheritance), species (organisms that can interbreed), and ecosystems (amalgamations of species in their geological and chemical landscapes). The richer an areas biodiversity, the tougher its immune system, since biodiversity includes not only the number of species but also the number of individuals within that species, and all the inherent genetic variations lifes only army against the diseases of oblivion. Yet its a mistake to think that critical genetic pools exist only in the gaudy show of the coral reefs, or the cacophony of the rainforest. Although a hallmark of the desert is the sparseness of its garden, the orderly progression of plants and the understated camouflage of its animals, this is only an illusion. Turn the desert inside out and upside down and youll discover its true nature. Escaping drought and heat, life goes underground in a tangled overexuberance of roots and burrows reminiscent of a rainforest canopy, competing for moisture, not light. Animal trails criss-cross this subterranean realm in private burrows engineered, inhabited, stolen, shared and fought over by ants, beetles, wasps, cicadas, tarantulas, spiders, lizards, snakes, mice, squirrels, rats, foxes, tortoises, badgers and coyotes. To survive the heat and drought, desert life pioneers ingenious solutions. Coyotes dig and maintain wells in arroyos, probing deep for water. White-winged doves use their bodies as canteens, drinking enough when the opportunity arises to increase their bodyweight by more than 15 per cent. Black-tailed jack rabbits tolerate internal temperatures of 111F. Western box turtles store water in their oversized bladders and urinate on themselves to stay cool. Mesquite grows taproots more than 160ft deep in search of moisture. These life-forms and their life strategies compose what we might think of as the body of the desert, with some species the lungs and others the liver, the blood, the skin. The trend in scientific investigation in recent decades has been toward understanding the interconnectedness of the bodily components, i. e. the effect one species has on the others. The loss of even one species irrevocably changes the desert (or the tundra, rainforest, prairie, coastal estuary, coral reef, and so on) as we know it, just as the loss of each human being changes his or her family forever. Nowhere is this better proven than in a 12-year study conducted in the Chihuahuan desert by James H Brown and Edward Heske of the University of New Mexico. When a kangaroo-rat guild composed of three closely related species was removed, shrublands quickly converted to grasslands, which supported fewer annual plants, which in turn supported fewer birds. Even humble players mediate stability. So when you and I hear of this years extinction of the Yangtze river dolphin, and think, how sad, were not calculating the deepest cost: that extinctions lead to co-extinctions because most living things on Earth support a few symbionts, while keystone species influence and support myriad plants and animals. Army ants, for example, are known to support 100 known species, from beetles to birds. One of the most alarming developments is the rapid decline not just of species but of higher taxa, such as the class Amphibia, the 00-million-year-old group of frogs, salamanders, newts and toads hardy enough to have preceded and then outlived most dinosaurs. Biologists first noticed die-offs two decades ago, and, since then, have watched as seemingly robust amphibian species vanished in as little as six months. The causes cover the spectrum of human environmental assaults, including rising ultraviolet radiation from a thinning ozone layer, increases in po llutants and pesticides, habitat loss from agriculture and urbanisation, invasions of exotic species, the wildlife trade, light pollution, and fungal diseases. Sometimes stressors merge to form an unwholesome synergy; an African frog brought to the West in the 1950s for use in human pregnancy tests likely introduced a fungus deadly to native frogs. Meanwhile, a recent analysis in Nature estimated that, in the past 20 years, at least 70 species of South American frogs had gone extinct as a result of climate change. In a 2004 analysis published in Science, Lian Pin Koh and his colleagues predict that an initially modest co-extinction rate will climb alarmingly as host extinctions rise in the near future. Graphed out, the forecast mirrors the rising curve of an infectious disease, with the human species acting all the parts: the pathogen, the vector, the Typhoid Mary who refuses culpability, and, ultimately, one of up to 100 million victims. Rewilding is bigger, broader, and bolder than humans have thought before. Many conservation biologists believe its our best hope for arresting the sixth great extinction. Wilson calls it mainstream conservation writ large for future generations. This is because more of what weve done until now protecting pretty landscapes, attempts at sustainable development, community-based conservation and ecosystem management will not preserve biodiversity through the critical next century. By then, half of all species will be lost, by Wilsons calculation. To save Earths living membrane, we must put its shattered pieces back together. Only megapreserves modelled on a deep scientific understanding of continent-wide ecosystem needs hold that promise. What I have been preparing to say is this, wrote Thoreau more than 150 years ago. In wildness is the preservation of the world. This, science finally understands. The Wildlands Project, the conservation group spearheading the drive to rewild North America by reconnecting remaining wildernesses (parks, refuges, national forests, and local land trust holdings) through corridors calls for reconnecting wild North America in four broad megalinkages: along the Rocky Mountain spine of the contine nt from Alaska to Mexico; across the arctic/boreal from Alaska to Labrador; along the Atlantic via the Appalachians; and along the Pacific via the Sierra Nevada into the Baja peninsula. Within each megalinkage, core protected areas would be connected by mosaics of public and private lands providing safe passage for wildlife to travel freely. Broad, vegetated overpasses would link wilderness areas split by roads. Private landowners would be enticed to either donate land or adopt policies of good stewardship along critical pathways. Its a radical vision, one the Wildlands Project expects will take 100 years or more to complete, and one that has won the project a special enmity from those who view environmentalists with suspicion. Yet the core brainchild of the Wildlands Project that true conservation must happen on an ecosystem-wide scale is now widely accepted. Many conservation organisations are already collaborating on the project, including international players such as Naturalia in Mexico, US national heavyweights like Defenders of Wildlife, and regional experts from the Southern Rockies Ecosystem Project to the Grand Canyon Wildlands Council. Kim Vacariu, the South-west director of the USs Wildlands Project, reports that ranchers are coming round, one town meeting at a time, and that there is interest, if not yet support, from the insurance industry and others who face the reality of car-wildlife collisions daily. At its heart, rewilding is based on living with the monster under the bed, since the big, scary animals that frightened us in childhood, and still do, are the fierce guardians of biodiversity. Without wolves, wolverines, grizzlies, black bears, mountain lions and jaguars, wild populations shift toward the herbivores, who proceed to eat plants into extinction, taking birds, bees, reptiles, amphibians and rodents with them. A tenet of ecology states that the world is green because carnivores eat herbivores. Yet the big carnivores continue to die out because we fear and hunt them and because they need more room than we preserve and connect. Male wolverines, for instance, can possess home ranges of 600 sq m. Translated, Greater London would have room for only one. The first campaign out of the Wildlands Projects starting gate is the spine of the continent, along the mountains from Alaska to Mexico, today fractured by roads, logging, oil and gas development, grazing, ski resorts, motorised back-country recreation and sprawl. The spine already contains dozens of core wildlands, including wilderness areas, national parks, national monuments, wildlife refuges, and private holdings. On the map, these scattered fragments look like debris falls from meteorite strikes. Some are already partially buffered by surrounding protected areas such as national forests. But all need interconnecting linkages across public and private lands farms, ranches, suburbia to facilitate the travels of big carnivores and the net of biodiversity that they tow behind them. The Wildlands Project has also identified the five most critically endangered wildlife linkages along the spine, each associated with a keystone species. Grizzlies already pinched at Crowsnest Pass on Highway Three, between Alberta and British Columbia, will be entirely cut off from the bigger gene pool to the north if a larger road is built. Greater sage grouse, Canada lynx, black bears and jaguars face their own lethal obstacles further south. But by far the most endangered wildlife-linkage is the borderland between the US and Mexico. The Sky Islands straddle this boundary, and some of North Americas most threatened wildlife jaguars, bison, Sonoran pronghorn, Mexican wolves cross, or need to cross, here in the course of their lifes travels. Unfortunately for wildlife, Mexican workers cross here too. Men, women, and children, running at night, one-gallon water jugs in hand. The problem for wildlife is not so much the intrusions of illegal Mexican workers but the 700-mile border fence proposed to keep them out. From an ecological perspective, it will sever the spine at the lumbar, paralysing the lower continent. Here, in a nutshell, is all thats wrong with our treatment of nature. Amid all the moral, practical, and legal issues with the border fence, the biological catastrophe has barely been noted. Its as if extinction is not contagious and we wont catch it. If, as some indigenous people believe, the jaguar was sent to the world to test the will and integrity of human beings, then surely we need to reassess. Border fences have terrible consequences. One between India and Pakistan forces starving bears and leopards, which can no longer traverse their feeding territories, to attack villagers. The truth is that wilderness is more dangerous to us caged than free and has far more value to us wild than consumed. Wilson suggests the time has come to rename the environmentalist view the real-world view, and to replace the gross national product with the more comprehensive genuine progress indicator, which estimates the true environmental costs of farming, fishing, grazing, mining, smelting, driving, flying, building, paving, computing, medicating and so on. Until then, its like keeping a ledger recording income but not expenses. Like us, the Earth has a finite budget.

Sunday, July 21, 2019

Global Rise Of Oil Prices Economics Essay

Global Rise Of Oil Prices Economics Essay Energy and Oil is a strategic commodity and very valuable to everyday life. Millions around the world are affected if there is a significant change in the price of oil, especially if the prices increases. The price is affected by two factors, supply and demand. If the supply is steady, stable and adequate to meet up with world demand there wouldnt be an issue. But this isnt the case, to say the least World prices of energy sources began to rise as early as 2005 and showed no sign of stopping, By march 2005 OPEC had admitted to losing control on prices and immediately sought to pump additional barrels but wasnt sufficient. In 2007 the price of oil nearly doubled and continued to rise into early 2008, leading on to the economic crisis. Gas, coal, nuclear energy and in particular oil reached soaring prices as high as $160 a barrel like someone had lost a grip on it somewhere. This price spike in oil prices is due to a combination of factors, first the Kyoto protocol that finally came into effect in 2007, the rising demand from India and china, the neglect from oil companies and investors as they search and research on other alternative source of energy. Political struggles, corruption and attacks on oil pipe lines in one of OPECs member country Nigeria. Where unrest in the African oil region has resulted to a lost in 175,000 barrels per day.  [1]  The fall in value of the US currency played a major role and is partly responsible, since the price for these commodities is typically quoted in US dollars. The financial crisis and recessions in the global economy also appears to have contributed to a substantial increase in speculative interest in energy future markets, helping to boost prices. World oil demand is expected to increase substantially until 2020 according to the Energy Information Administration (EIA , 2006) while in the IEO (Independent Evaluation Office) 2009 projections total world consumption of energy is projected to increase by 44 percent until 2030 with most of its demand from non-OECD economies. . Although the price of a barrel has gone down in recent times and settled, the question is what happens in the event of another decline in supply or demand continues to persist, with failing and short term policies by the institutes involved, policies that fail to come together, correlate and aline with each other, ignoring the fact that the issue at hand if neglected again or not carefully managed can cause devastating effect to the world economies. Today oil has proved to be a powerful economic tool it has also proved to be a capable political weapon. In other words, oil contributes directly and indirectly to the production of all goods and services. For example, in 2003 oil as a source of energy accounted for about 37% of total energy sources. There is compelling body of evidence that oil production is determined by the interplay of institutional and economic forces. The issue is the policies that the key players implement from the U.S. to the EU and OPEC itself. Statement of the Issue/Problem: What policies energy institutes and oil producing countries including government bodies have to stabilize and control the market? There is pressure on the industry and oil market, with concerns about CO2 emissions and global warming since the time of Kyoto and increasing environmental awareness but no adequate policies to resolve the issue or at least one that works in the competitive and challenging industry. Background (of the problem): Oil, coal and gas currently provide more than two-thirds of the worlds energy and electricity, but also produce the greenhouse gases largely responsible for global warming. A number of models suggest that implementation of the Protocol will affect energy markets and oil revenues. At the same time, world energy demand is expected to rise sharply in the coming years, presenting all societies worldwide with a real challenge see appendix (1). Several factors as mentioned earlier has caused the previous drastic rise in price and decline supply. Presently as the prices continues to remain low the demand from Asia for oil is increasing by more than two million barrels per day  [2]  if demands from Asia grow significantly at such a rapid rate when prices are at a stable range then there are no doubts that prices would not and cannot stay low for too long ( Merlin Flower 2010) . Another issue is that of pegging, many oil producing countries like Saudi Arabia and Kuwait peg their currency to stronger currencies like the U.S. dollar. When we experienced the decline of the dollar during the recession their economies are relatively affected there after they let their currency float. A classic example is in 2006 when other countries with Kuwait leading the way unpegged their currency from the dollar following suit was the expected rise in energy prices. Speculations and uncertainty affect businesses and stock value not to say the least oil field services companies (Giuseppe Marconi 2008). Many oil-exporting economies argue that they peg to the dollar because oil is priced in dollars. Pegging their currency to the dollar eliminates the apparent mismatch between the governments dollar-denominated oil revenues and its local currency spending. The IMF after undertaken research indicates that a significant increase in price of oil on average leads to real appreciation of the currencies of oil exporting economies therefore might have been another reasons for their actions. This logic, however, fails to accurately diagnose the real fiscal problem of oil-exporting economies. Appendix (2) shows a list of major exporting economies and those that peg or float their currency. There is a growing view that, if nothing is done to cut the growing demand on world consumption of oil , there is likely to be an oil supply crunch within the next 10 years, Because oil consumption is responsible for some 25% of greenhouse gas emissions, efforts to reduce emissions would seem likely to affect the market for oil According to the economist in 2004 global consumption of oil increased by 3.4% , with nearly a third from growing nations like china where its demand is predicted to be about 16%. Supporting that is a chart from the European Commission in Appendix (3). Upon that there is insufficient investment by the international and oil companies many multinational oil companies are or have spent time buying their own shares rather than developing the society they present.  [3]  Although with the exception of a few whom participate in the development of their local economies but how adequate is this? If this is to happen, there is no doubt it might trigger another econo mic crisis and causing a global impact. Oil export revenues account for between 9% and 40% of GDP in OPEC economies, so reduced oil revenues means reduced economic growth. For most of its members which are developing nations a decline in economic growth has implications for their relative economies most especially unemployment for those with high population growth rate. So far all parties involved with significant influence in the market have policies of their own different interest. Policies tried have been short term policies and have proved no effect so far. A typical example of short term policy was in 2001 the U.S under introductions from the president, the U.S. announced it would release 30m of barrels from the Strategic petroleum Reserve (SPR) rather than selling the oil. Between August and November the department of Energy (DOE) requested offers for oil to be replaced back. These efforts proved to have back fired increasing the cost of crude oil having been handled in a clumsy and old fashion way. The U.S policy whether short-term or long term can have the long term negative effect of increasing the cost of crude oil. This showed the importance of set policies and reform in the energy market especially oil which the world depends on. If there isnt no change in policies the by 2015, then there is likely to be a future crash in the energy oil market affecting individuals across the globe either in little ways from transportation or domestic energy consumption. Critique of Pre-existing Policies: When it comes to policies either set by OPEC or the U.S. Energy policymaking in the past 35 years has been neither decisive nor strategic. The world can no longer afford to forward oil policies which we fail to implement. (Thomas D. May 2006). Previously OPEC adopted the quota system to limit its oil supplies to keep oil prices at certain levels. According to this system each OPEC country is allocated a specific level of oil production to limit total OPEC oil supply and thereby influence oil prices in the international market. In the late 19s around 1986, this system did not help OPEC to avoid the oil price collapse because most OPEC countries did not respect their quotas, Angola, Venezuela, Iran and Nigeria named the biggest cheaters. Bearing in mind These OPEC short term policies affect international affairs. It is thought that implementing the Kyoto Protocol will require a carbon tax (or equivalent) in Annex B countries, and this will raise the price of oil to consumers and therefore reduce demand there. Because these Annex B countries account for more than 60% of world oil consumption any significant reduction in demand there may well cause a decline in the producers price of oil on the global market. Further, if the principal mechanism by which Annex B countries reduce emissions is through a carbon tax, then this tax wedge may increase the rent that governments in energy importing countries have in the oil market, transferring wealth from oil producers to consumers (Mabey et al., 1997, p. 274). To put this in perspective, the G7 countries (US, Canada, Japan, Germany, Italy, Britain and France) already earn some 70% more income from oil taxes than OPEC members earn from petroleum exports (OPEC, 2001). So, through reduced demand, reduced price and reduced market rent it is thought that implementation of the Kyoto Protocol will reduce oil export revenues. Other concerns expressed by OPEC countries include the potential increase in renewable subsides, which they perceive to be given at the expense of other energy forms (e.g. oil) and discriminatory in nature (WTO, 2002. Problem is that everyone seems to have or develop their own policies from the Arab council to the European Union, all different policies different directions and interests. In the last few years OPEC agreed on a range of oil prices (ie between $22-28/B) and used its quota system to keep its oil prices within these limits. However, OPEC did not give any scientific rationale for this range or explain whether or not it was based on any scientific study. Nor did it say such a study took certain factors into consideration. In other words this price range seems to be arbitrary. On October 2007 in London the EU proposed new energy policies to come into place in other to tackle the challenging industry . The EU has clearly recognised that the internal energy market is the policy line that ensures fair prices to citizens and industries. At the same time, it guarantees that even smaller companies, for instance those that invest in renewable energy, have access to the energy market. Absent from this section of the initiative are measures to directly address the current peaking of internal Natural Gas production. Although put forward as so, market liberalization wont secure the increasing Natural Gas imports needed in the following years to meet internal demand. Lines of action to substitute Natural Gas or to secure other foreign sources simply do not exist. The main energy problem in Europe is not mentioned even less dealt with. These policies have a unique flexibility in that they can be used as a cure or as a weapon, but commonly their primary purpose is to promote or protect economic interests. Policy options and recommendations: As regards to reform of the oil or energy sector, in order to meet the requirements concerning the opening up of the market, an appropriate legislative and regulatory framework is necessary, in particular as regards regulation, and implementation of energy policy. Apart from the formulation and implementation of an energy policy, work should be concentrated on two aspects: opening up production, distribution, pricing and restructure of economic development plans by adopting efficient policies and procedures. There are several policy measures and recommendation that might minimise any possible losses to OPEC countries. One, assistance from developing countries to exporting economies to diversify sources of income, as models results show that economies with a diverse pattern of production and exports will be least affected by the Kyoto Protocol (Polidano et al., 2000). Two, OPECs share of oil market and cartel power would increase if there are measures to discourage the production of fossil fuels within developed countries Third, measures to abandon nuclear power generation would also favour oil exporters as more primary energy needs would presumably be met by oil. Fourth creating a situation where by countries wouldnt be able to peg theirs with another and jumping off once the market changes rather look to creating fiscal policy and finally the issue to sell essential and vulnerable commodity in a more stable currency like the euro, as the U.S. is unpredictable the least to say. However, this does not mean that all policies are going to be successful; they need to be well managed within a sustainable balance of power from global institutes. Appendices Appendix (1) Table 1. World Marketed Energy Consumption by Country Grouping, 2006-2030 (Quadrillion Btu) Region 2006 2010 2015 2020 2025 2030 Average Annual Percent Change, 2006-2030 OECD . . . . . . . . . . . . . . . . . . . . . 241.7 242.8 252.4 261.3 269.5 278.2 0.6 North America . . . . . . . . . . . . . . 121.3 121.1 125.9 130.3 135.6 141.7 0.6 Europe . . . . . . . . . . . . . . . . . . . . 81.6 82.2 84.8 87.9 90.0 91.8 0.5 Asia . . . . . . . . . . . . . . . . . . . . . . 38.7 39.5 41.8 43.1 43.9 44.6 0.6 Non-OECD . . . . . . . . . . . . . . . . . 230.8 265.4 299.1 334.4 367.8 400.1 2.3 Europe and Eurasia . . . . . . . . . . 50.7 54.0 57.6 60.3 62.0 63.3 0.9 Asia . . . . . . . . . . . . . . . . . . . . . . 117.6 139.2 163.2 190.3 215.4 239.6 3.0 Middle East . . . . . . . . . . . . . . . . 23.8 27.7 30.3 32.2 34.6 37.7 1.9 Africa . . . . . . . . . . . . . . . . . . . . . 14.5 16.2 17.7 19.1 20.6 21.8 1.7 Central and South America . . . . 24.2 28.3 30.3 32.5 35.2 37.7 1.9 Total World . . . . . . . . . . . . . . . . . 472.4 508.3 551.5 595.7 637.3 678.3 1.5 Note: Totals may not equal sum of components due to independent rounding. Sources: 2006: Energy Information Administration (EIA), International Energy Annual 2006 (June-December 2008). Summary data on major oil-exporting economies Appendix (2) Country Oil and gas export revenues, 2006 (billions of dollars) Average oil exports, 2006 (millions of barrels a day) Population (millions) Exchange rate regime Change in REER, end 2001 to end 2006 (percent) Saudi Arabia 195.6 8.8 21.4 Fixed (to dollar) -22.2 Russia 190.8 7.4 142.9 Managed float (euro-dollar basket) 39.6 Norway 75.7 2.3 4.6 Floating 6.2 United Arab Emirates 70.2 2.2 2.6 Fixed (to dollar) -18.9 Venezuela 60.3 2.4 25.7 Fixed -25.6 Iran 60.1 2.4 68.7 Managed float 22.3 Kuwait 55.9 2.3 2.4 Fixed (to basket) n.a. Algeria 53.3 1.7 32.9 Managed float (to dollar) -22.0 Nigeria 48.5 1.9 131.9 Managed float (plans to float 2009) 12.8 Libya 38.3 1.3 5.7 Fixed (to special drawing rights) n.a. Kazakhstan 24.6 1.5 15.2 Managed float n.a. Qatar 21.9 1.0 0.9 Fixed (to dollar) n.a. Oman 16.4 0.7 3.1 Fixed (to dollar) -18.4 Bahrain 9.4 0.0 0.7 Fixed (to dollar) -25.4 n.a. = not available Note: Oman and UAE real effective exchange rate (REER) estimates are based on International Monetary Fund annual data, which end with 2005. For Nigeria, it reflects revenues of net oil and gas exports. Irans exports reflect its fiscal year 2005-06. Sources: IMF, International Financial Statistics ; IMF Country Reports; BP Global (for energy data); national central banks; CIA, World Factbook (for population). Appendix (3)

Factors Effecting Erp Implementation In Smes Management Essay

Factors Effecting Erp Implementation In Smes Management Essay Information systems gained popularity as these automate all management related function that an organisation needed. Large organisations implement ERP information systems that integrate all data and processes together. With increase in popularity of SMEs (Small and Medium Enterprises) and their collaboration with large enterprises, SMEs needed an ERP system which at first can automate all of their business functions and secondly they can work with large enterprises. However their successful implementation in SMEs remains an issue. As SMEs are short of resources and financially weak so they need to install an ERP system successfully so that they can avoid chances of failure. For this reason this research has been conducted to critically analyse success factors of ERP adoption. Case studies will be selected and analysis has been made on them to find out the successful elements of their implementation. At last in conclusion a general frame work will be made to help SMEs to implement ERP system successfully. Background: Today the whole world has become a global village in which organisations are competing with each other to improve their productivity and generate profits. This is not generalised to only large organisations as it has been observed from last decade that small and medium size organisations are also taking part in this race (Chen, 2001). Organisations are moving fast to adopt a package that can help their management and functional needs. They require an Enterprise package that can fulfil their demands. ERP is the solution for the enterprises, in current case for small and medium size organisations. Enterprise Resource Planning (ERP) gained its popularity in 1990 as an integrated application. Its functionality is to integrate different functions together and provide a common database to users and departments, with many advantages more specific to reduced inventory and improved profits. ERP evolution starts in earlier 70s when manufacturing companies were using MPS (Master Production Schedule) technique. Function of this technique was to specify the end or finished product that is required in planning period. This type of technique only did the production and scheduling of final product. Whereas manufacturing organisations required not only final product planning but they also needed planning and scheduling of raw materials associated with that final product. Therefore firms obtained MRP (Material Requirement planning) that can differentiate between final product, its parts and raw material. This technique performed production planning and inventory control in the manufacturing p rocess. Basic functionality of this system was planning and scheduling of manufacturing process. This technique became popular and in 1980s MRP systems were expanded and MRP II was introduced, it was not only production planning technique but it also integrated primary functions like (production, finance and marketing etc) into planning process. Because of this technique popularity and effectiveness in planning and production process organisations tend to move to this technique. In 1990s MRP II was further expanded into ERP (Enterprise Resource Planning). The main difference between ERP and MRP II is that ERP plans and schedule supplier resources by keeping customer service in mind (Chen, 2001 and Gupta, 2000). The purpose of the research is to identify success factors of ERP adoption in SMEs. Researches done in this area were deficient of some of the key points. From last couple of years research has been conducted to critically identify success factors of implementing ERP in SMEs. (Kale et al, 2010) did study in identifying success factors of Indian SMEs and their research was based on both qualitative and quantitative. (Snider et al, 2009) studied on five Canadian SMEs but some of their critical success factors lack cultural issues. (El Sawah et al, 2008) and (Woo, 2007) both did research in SMEs, in which they covered only one country and further they intended to enhance their research by taking more SMEs of different countries. (Woo, 2007) explained in study that if cultural differences were given then considered success factors can be same to case studies in China and case studies of Western organisation. (Doom et al, 2010) used Belgian SMEs to research success factors. (Muscatello et al. 2003) did their research on four US manufacturing companies but the companies they choose were linked to large organisations and had annual revenues more then SMEs .(Loh and Koh, 2004) carried out their research in UK and their target was SMEs, they conducted interviews and distributed questionnaires. Their research is found to be more competent as compared to others but still they did not cover demographic issues.(Yusuf et al, 2004) conducted their research on Rolls Royce and found out answers of few success factors. From above studies it is obvious that most of the work has been done in large organisation and little researches were carried out on SMEs. Although, those studies considered SMEs for the research but covered only one region and were short of justification that how success factors of some specific part of world could be implemented in rest of the world. Key issues in successful implementation of ERP Key issues are the problems that arise during the implementation process. There are lot of problems that can affect ERP implementation process in SMEs which are detailed as below (Chen, 2001). Cost is one of the main issues that can fail ERP implementation. As ERP package requires huge finances and companies fail to successfully implement ERP package so they find it difficult to continue with their project. To choose right ERP package is another issue that SMEs have to take into account before implementation. Hershey Food Corp accounts SAP for their failure so choosing right ERP package is a big issue. ERP in SMEs requires some time complex customization because it focuses mostly on corporate giants. So customization is another big issue that can effect ERP implementation. Another main issue is analysis, which projects are failure and which are successful. Project failure and success all depends on judgment and analysis. Fox Meyer as mentioned below, states that their ERP systems did not fulfil their functionality and they marked that project as failure. It is explained in detail in literature review section. Likewise some enterprises termed their project failure because of cost. Project can be termed as success if they meet these criteria. It should be delivered on time It should meet project cost The project should deliver the functionality which that organisation wants. Research aim and objectives The main aim of this study is to propose a frame work for effective implementation of ERP in SMEs. This requires in depth study of literature review and case studies to critically evaluate success factors. The research will be based on the following research question: What are the key issues and problems being faced in the successful implementation of the ERP in small and medium enterprises (SMEs)? To what extent the ERP software contributes to the success factors in SMEà ¢Ãƒ ¢Ã¢â‚¬Å¡Ã‚ ¬Ãƒ ¢Ã¢â‚¬Å¾Ã‚ ¢s? In order to answer the above stated research questions the following stages will have to be achieved: To review and carry out in depth analysis of literature review while focal point will be ERP adoption. Critically analyse and identify success factors from different case studies. Match and analyse success factors of literature review with the case studies Develop a frame work of success factors which can help in implementing ERP successfully for Small and medium size organisations regardless of their region and cultural issues. SMEs case studies will be taken who have generally less level of employees. Case studies will be taken from different regions so that more in depth analysis will be done and cultural and demographic issues will be covered in that. This point is explained in much more detail in method of analysis section. Companies who have successfully implemented ERP application will be considered. Literature review According to (Snider et al, 2009) ERP uses common online database whose functionality is to share common database among users and enterprise functions. ERP is an integrated information system that is composed of information system and managerial thinking. One of its core purposes is to integrate all the dependent and independent information systems together and optimise systems performance. ERP system comprises of a database which is online and shared, an application with an integrated interface which means different interfaces are incorporated into one interface. (AL Mashari et al, 2003). ERP achieved its level of popularity in large manufacturing enterprises in 1990s. Large enterprises implemented it to automate their functions and to integrate all processes and data together. On the other hand as SMEs were getting popularity so after implementing ERP systems in large organisations ERP vendors now moved towards SMEs. There are many factors that can encourage SMEs to accept ERP systems. Poston and Grabski (2001) believed there are certain factors that motivate SMEs to adopt ERP systems: It can reduce cost as computer systems increases the efficiency process It can make decision making process accurate. (Oliver and Romm, 2000) suggested these reasons for ERP adoption in SMEs: Data and processes integration Avoid critical business risk Improvement of ongoing business operations. ERP adoption in SMEs is a challenging task especially when cultural issues arise. Cultural issues can occur at organisational values, means it can impact organisational structure and management or at individual value where it can impact how job works and how employees will conduct themselves if they belong to certain culture. (Straub et al., 2001). Developing countries face many problems when they use western technologies from developed countries. ERP encapsulates best business reusable practices in it. For this reason it became a demanding technology that it can use (Sawah et al, 2008) outlined cultural issue to be an important factor responsible for high demand of ERP in SMEs. With these motivational factors that attract SMEs to adopt ERP there is terrible side of this adoption as well where many ERP enterprises fail to adopt ERP systems. Below mentioned are cases of large enterprises but small and medium size enterprises can learn lesson from them by not to adopt that type of implementation. Fox Meyer Drug, a multi billion pharmaceutical company which files for bankruptcy and they blamed ERP system for their down fall. In its case, problems in ordering system leaded as system generated excessive orders more than demand which lead company to down fall. Renowned companies like Dell scrap their mega expensive project as they found system inflexible for their business. These are not only two examples of ERP failures but many other companies like Hershey, Boeing, Dow chemical etc faced same situation (Chen, 2001). In all these companies ERP systems leaded to failure and this was due to not having proper planning before installation. Above mentioned companies a re all large organisations whereas in case of small and medium size organisations, these can not bear the cost of ERP systems failure. This leads this research to critically analyse and find out the success factors in ERP adoption so that SMEs can avoid these failures. Difference Between SMES and Large enterprises: Significant amount of differences can be noticed between large and SME organisations. SMEs have informal structure and culture, their top management are found to be involved in day to day activities (Mintzberg et al., 2003,) while large organisations have structured departments and processes and their top management is not involved in daily activities (Buonanno et al, 2005). At the same time SMEs have limited resources in terms of research development, finance, human resource with limited clients and operates only in small scale (Kale et al, 2010). Due to these limited resources they find it difficult to implement projects that can be reengineered (Mc Adam, 2002). Besides these limited resources they are generating profit very well and for this reason many multinational companies in recent years collaborated with SMEs which have ERP systems installed in them. This collaboration made SMEs to adopt ERP package so that they can operate in parallel with these organisations (Rao, 2000). The major factor which can affect SMEs more as compared to large organisation is the cost as their limited resources donà ¢Ãƒ ¢Ã¢â‚¬Å¡Ã‚ ¬Ãƒ ¢Ã¢â‚¬Å¾Ã‚ ¢t allow them to bear high cost of implementation. This is one of the main reasons that SMEs do not want implementation to be unsuccessful. Large organisation can somehow bear the cost as large number of stakeholders bank credits etc but SMEs do not have enough resources. (Mabert et al, 2003). This research is conducted so that it can help SMEs to implement ERP successfully. Proposed research method Most of the researches conducted are in large organisations and only few of them were for SMEs. Out of these researches some used only one case study while some used different case studies and their research method remained different as well because they used questionnaires and interviews to find out success factors. After brain storming and critically analysing previous literature review I decided to use the case study approach. For this reason I decided to identify critical success factors in SME while using multiple case studies. (Stuart et al, 2002) suggested that using case study is the best approach when previous research does not find to be inline with new context while taking multiple case studies can provide even more in depth analysis and portray clear picture of critical analysis(Snider et al, 2009). In case of our research qualitative analysis will be used. First thorough literature review will be studied by means of online journals, electronic books etc. It will help to find previous critical success factors of ERP adoption in SMEs. To give practical edge to research eight different case studies will be searched and from them critically analysis will be done to find out success factors of successfully implementing ERP project. These case studies are selected with relevance to the project title and literature review. They will provide in depth analysis of ERP adoption success factors. With the help of literature review and case studies a framework will be formed of successfully implementing ERP project. Method of analysis For this research case study analysis will be used. Data will be collected from previous research that has been done in this sector and also from small and medium size enterprises that have implemented their ERP application successfully. Case studies will be collected from different parts of the world so that no demographic issues can affect our final framework of success full factors. Then final analysis will be done in between success factors of United Kingdom and rest of the world case studies to observe how much variation is there if different regions are selected. This will be the final analysis and framework of the critical success factors. Research Limitations: This study is limited to small and medium size organisations and in some cases some arguments can be taken from the large organization in order to clarify them. This research is self explanatory as it focuses in ERP adoption system of SMEs. In addition to this study concludes with the framework of ERP critical success factors which if SMEs follows can lead their implementation to success. A provisional Timetable Gantt Chart

Saturday, July 20, 2019

Womens Rights :: essays research papers

Worcester is an amazing city with much historical importance and recognition. Many residents often do not realize the significance of this great city. Most individuals familiar with Worcester have heard about the smiley face, the first valentines, and the birth control pill all coming from Worcester, but these items tend to go to the back of one’s mind after time. What many do not realize is that the First Woman’s National Rights Convention was held right here in Worcester as well.   Ã‚  Ã‚  Ã‚  Ã‚  This historical event took place at Brinley Hall on Main Street, In Worcester, Massachusetts, in October 1850, after being arranged by such prominent anti-slavery activists as Abby Kelley Foster and Lucy Stone. The convention drew a crowd of one thousand people, consisting of both whites and blacks, and most surprisingly to many, both men and women.   Ã‚  Ã‚  Ã‚  Ã‚   Speakers such as, Abby Price, Paulina Wright Davis, and Lucretia Mott spoke out at this event with extreme effectiveness towards advancements for the woman’s rights movements. â€Å"†¦ no one could listen to them without respect for the talent of the speakers, whatever they might think of the merits of the cause,† reported the Massachusetts Spy newspaper. Although there was a similar convention held two years earlier in Seneca Falls, New York, it had attracted little attention. It was not until the First National Woman’s Rights Convention was held in Worcester that advancements to proposed resolutions were starting to spring about, due to its national recognition.   Ã‚  Ã‚  Ã‚  Ã‚  In my opinion, one of the most relevant resolutions brought up during this convention was that of women suffrage. Not only were speakers calling for women suffrage, but also for the suffrage and rights for African Americans as well. You can see this hope for the future from the quote of one of the resolves stating, â€Å"Equality before the law, without distinction of sex or color.† While many people might not have agreed with that statement back during this time, this convention proved of the intelligence and the universal respect for everyone that a lot of people exhibited at Brinley Hall. It went to show that not everyone was racially prejudice. Because there were men there also supporting the memorable event, it also showed that they knew in their wisdom that women were equal with men and were plenty capable to make decisions for the United States, by voting in the wonderful system of democracy. These men were strong and courageous for supporting such a radical idea, at that time, as the equality of sexes.

Friday, July 19, 2019

Deviancy in Society Essay -- essays research papers fc

There are many different kinds of deviancy in today’s society. In this essay I will tell you the meaning of deviance, the different kinds of deviancy, the biological, social, and psychological factors on deviant behavior, and how they differ from each other. According to James M. Henslin, Editor of Down to Earth Sociology, â€Å"For society to exist, people must be able to know what to expect of others.† â€Å"People develop norms to provide regularity to social life.† â€Å"Deviancy is the violation of these rules and expectations.† So according to Mr. Henslin, we all have deviant tendencies in us at some point in our lives. We all violate rules and expectations others have created whether it is a minor or large-scale offense. In today’s society, the word deviant is used very commonly and its meaning becomes distorted. People might associate the word deviant with being twisted, nasty, or perverted. â€Å"Deviance is not a term for negative judgment.† It just means anyone to violate the expectations of others. The norms that we create cover three basic aspects of human behavior: our appearance, manner, and conduct. The rules of appearance and manner, if broken, are usually called civil disobedience and conduct is usually called criminal disobedience. The first major type of deviance that will be mentioned is against the appearance norm. The expectations of appearance concerns clothing, make-up, hairstyle, and other â€Å"social extensions of a person.† There are even certain expectations on things...

Thursday, July 18, 2019

Education Systems of Vietnam and England Essay

The secondary education system is very important for both Vietnam and England. It created for children’s future purpose. Compared to Vietnam, England’s current system of secondary education has a long tradition and higher quality, while the secondary education in Vietnam is borrowing from many different countries and poor quality. However, both countries have some similarities and differences in their education system. Their similarities include the free education, the national curriculum applied for all state schools, but they both have some differences in the education structure, the qualities, and the law for private schools. Firstly, there are both similarities and differences in their education system. The secondary education is free for all children, but it is not compulsory in Vietnam. Meanwhile, English children required by law to have a free education until they are 16 years old. Furthermore, the national curriculum created and applied for all state schools in both countries. (Encyclopaedia Britannica 2008 Ultimate – The ministry of education and training of Vietnam). Moreover, the national test applied for all children in both countries at the age of 11, 14, and 16. In England, the secondary education is a local responsibility, so that the education and teacher employed and provided by Local Education Authorities (LEAs). In Vietnam, the Local department of Education is also responsible for secondary education, but all state schools are employed the teacher individually. (Encyclopaedia Britannica 2008 Ultimate – The ministry of education and training of Vietnam). Beside some similarities, they also have some differences such as the education structure, the facilities, and the quality of education. In Vietnam, the secondary education are divided into two levels, which are the basic secondary education and the high school education, the student can leaving school or seeking higher education after completed year 12. In contrast, the secondary education system of England encompasses three key stages. Key stage 1 from year 7 to year 9 and key stage 2 from year 10 to year 11 are compulsory, after completed year 11 student can leaving school or complete two more levels to study in higher education. In addition, the facilities and the quality of education in England are much better than Vietnam. Finally, the other difference is the law system.

Understanding Your Fats and Fiber

When people discuss diet and health there atomic number 18 galore(postnominal) stigmas, one of them being that all expands ar bad. While fats can be pernicious if taken in excess, there ar many different references of fats that make up this category. The fats that make up category atomic number 18 unadulterated fats, unsaturated fats, trans- roly-poly pudding acids and hydrogenated fats. Each of these fats argon different and all play a power in your diet, some order much needed nutrients, while others be dupe low nutritional value.One of the subjective things that is given from fats in your food are the essential roly-poly pudding acids or EFA these are essential and important to take in from your food because the body is incapable of producing EFAs ( full-bodied Facts Good Fats Vs. uncollectible Fats, 2013). Fat alike carries other requirement vitamins to include vitamin A, vitamin D, vitamin E and vitamin K. According to Dr. Wahida Karmally, Fat is also necess ary for maintaining healthy skin, and it plays a central role in promoting proper eyesight and headspring development in babies and children. However, fats can lock pack on the bulge, at 9 calories per gram, of any type of fat, has more than in two ways the calories of carbohydrates and protein (Fat Facts Good Fats Vs. uncollectible Fats, 2013). Diets that are high in saturated and Trans fatty acids are known to raise beginning cholesterol and can produce artery clogging compounds. This blocks oxygen flow to the heart, as well as, to the brain. Both saturated and Trans fat are daily fats that you need to peg down in your diet. Saturated fats can be put together in sums, butter and water ice cream while Trans fats are found in things such as margarines and packaged foods.Trans fats are present in fatty meats and full-fat dairy foods (Fat Facts Good Fats Vs. Bad Fats, 2013), near Trans fats are an end carrefour of hydrogenation. Hydrogenation converts oil into a firmer, b etter gustation product and giving it a weeklong shelf life, in this process, some of the unsaturated fat in the oil becomes saturated (Fat Facts Good Fats Vs. Bad Fats, 2013). unsaturated or monounsaturated fats should be the dominate type of fat in a equilibrate diet (Fat Facts Good Fats Vs. Bad Fats, 2013). Some of the foods that are high in monounsaturated fats can be olive and canola oils, avocado, almonds and cashews. manifestly put you should try to stay out from Trans fatty acids and saturated fats whenever possible. Though fats micturate a bad reputation they are not all bad and have some essential vitamins and nutrients that can simply be retrieved from things such as meat and dairy. Unsaturated or monounsaturated fats are the most beneficial fats for you and are to be taken in place of the others when possible. By have lean meats, different assorted zesty and things like avocado you can compact the risk of clogged arteries and high subscriber line cholesterol.

Wednesday, July 17, 2019

Mcdonald’s franchisee

McDonalds tum is leading global foodservice retails with more than 30,000 local eating houses by serving 52 zillion people in more than blow countries per day. Besides more than 70% of McDonalds restaurants worldwide ar testifyed and operated by independent local men and women. The potentiometer founded by Ray Kroc and it is continued with McDonalds vision with global brand image.McDonalds potful is the worlds largest drawing string of fast food restaurants supply and exchange of like hamburgers, cheeseburgers, chicken products, French fries, eat items, soft drinks, milkshakes and desserts. It besides offers salads, fruit, snack wraps and cultivated carrot sticks. The gild suits American way of life. And it is glob aloney expanded and has many international markets. The decision of McDonalds dealerships restaurants depends of the selection of candidates and the management in that country where the restaurant is located makes it locally.McDonalds restaurant it is an best opportunity to own the restaurant. piece selecting the organization seeks the individuals who have work experience with capability of undertaking treble barter units. At present that company has more than 2400 proprietor/Operators outlets thereby increment the business and making funds.Two options forthcoming to have the certify with McDonalds Corporation. leveraging of EXISTING RESTAURANT from McDonalds Corporation or from a McDonalds Owner/operator OR purchase of new-fangled RESTAURANT. Initial down payment is demand to have franchise. 40% of the total toll is required for New Restaurant and 25% of total cost for existing restaurant required. The down payment can be accepted cash, securities, bonds, debentures, vested profit share etc.The total cost varies from restaurant to restaurant. besides $250,000 non-borrowed personal resources required. The remaining balance should be payable by the buyer with a term of not more than 7 years. During the term of franchis e, the buyer has to pay the remunerations to the McDonalds in the lineament of service fee i.e. 4% which is based on restaurants sales performance and accept which is also based on monthly sales.Training also provided to the buyers between 9 to 24 months. McDonalds give preparedness to the franchisees and some others at Hamburger University in oak Brook, Illinois. It is also expected that average tax revenue per store is $633,000. . Recently McDonalds issued greenback that the sign franchisee fee is $45,000. it is also estimated that the initial investment required for a conventional restaurant ranges from $730,750 to $1,549,000.UFOCIn the United States, all licensee agreements fall under the jurisdiction of a state and federal laws. Hence claimrs are required by the Federal cover Commission to have a uniform Franchise Offering Circular (UFOC). While going for franchise, ensure that it is complied with UFOC i.e. Uniform Franchise Offering Circular. It is a legal inven tory and necessarily to be used in the United States.The Franchisers must give a UFOC to franchisees at least 10 business days before any sign is signed and before any money transaction between each other. The documents contains every(prenominal) information some a franchiser and includes the interest1.The Franchiser, its Predecessors and Affiliates2.Identity and Business Experience of Key persons3. litigation history4. Bankruptcy5. Initial Franchise Fee6. Other Fees and Expenses7. Franchisees initial investment8. Restrictions on sources of products and run9. Obligations of the Franchiser10. grime11.Trademarks12.Patents and Copyrights13.Obligation to the Franchisee to participate in the actual mathematical operation of the financial business14. Restrictions on goods and services offered by the franchisee.15.Renewal, Termination, Repurchase, Modification and/transfer of the franchise agreement16. Public figures17. Earnings claims18.List of Franchise outlets19.Financial statem ents20. ContractsCONCLUSIONMcDonalds allows giving the franchises to the US applicants and well as non-U.S. applicants who are external of the U.S. The McDonalds franchise can be taken by any type of persons like individuals i.e. proprietorship, companies, partnership firms etc. The McDonalds Corporation business model is antithetical from other fast food chains. The other fast food corporations will need only Franchise fees, supplies, and percentage of sales. tho the McDonalds Corporation collects rent also besides others. The Franchise agreement with McDonalds indicates that the corporation owns the properties on which most McDonalds Franchises are located.REFERENCE1.http//www.mcdonalds.com/corp/about/mcd_faq/franchising.html2. http//www.mcfun.com/3. www.entrepreneur.com4.http//www.franchiseprospector.com/franchising-trends/mcdonalds-franchise-profile.php5. http//www.goldlawgroup.com/McDonalds-Franchises.html

Tuesday, July 16, 2019

Psychoanalytic Perspective on Personality Development

Psychoanalytic Perspective on Personality Development

Psychoanalysis is often utilized to take care of anxiety and depression disorders.2. )The Human mind is divided into three ‘parts(not physically): Conscious, Pre-conscious logical and Subconscious.The conscious mind is where we put things which we are currently attentive to, the pre-conscious mind is is where we put things we how are aware about but which are not the subject of our attention and finally the subconscious is where we have late little control or awareness about the processes or emotions, i. e.Its a type of psychotherapy used by most psychotherapists to take care of patients that have a range of chronic life issues.Ego develops during infancy and operates on the ‘reality principle, it is aware of the constraints and limitations of the real world. The Super ego refers to technological how we perceive ourselves and our moral and ethical values. In this model the function of Ego is to balance the Id and Super Ego within the constraints and limitations of the real world. 4.

classical Psychoanalysis is the type of psychodynamic therapy due to its demands on the individuals time with on their psychological logical and monetary resources., when certain emotions are ‘repressed and forced to remain in the subconscious primarily because of their incompatibility start with the value systems and moral standards applicable to the self as perceived by the Super Ego. This is done through ‘defence mechanisms. Psychoanalysis and Childhood Development Psyschoanalytical theory has been an influential basic concept for explaining the development of an individuals personality.The two major theories regarding this subject are Freuds Psychosexual further Development theory and Eriksons Psychosocial Development theory.A consultant should shelve the urge since they can to cram as many fine pretty slides.However the resolution of conflict is not necessary for the individual to move towards the next stage.The eight stages of Eriksons economic theory are outl ined below: a. )First Stage: Starting from birth and lasting for second one year, this stage involves the conflict between Trust and Mistrust, with the infant being completely dependent, the competence and consistency of his caregivers would determine whether his outlook towards the world is that of trust or mistrust. b.

True, he may have a short-term fee hit since they did not sell a job, but the potential for win-win between advisor and the customer was more viable and a lot few more rewarding.)Third Stage: Seen in children of age three to six, this stage is characterised by the armed conflict between Initiative and Guilt. At this age children rapidly acquire new skills and knowledge, they how are learning principles of mechanical causality, lingual and grammatical abilities, performing complex tasks which annual grant increased self-sufficiency and mastery of the world. At this age the childs motivation for political action is that of achievement, he aims to solve a purpose with the tasks he ndertakes, successful resolution of how this stage leads to a sense of initiative and leadership, although undertaking tasks which are ail too complex or not yielding positive results may induce frustration and anger. However, if parents discredit or undermine this newfound motivation of the child he dev elops a sense of guilt regarding his such feelings and urges for getting involved in various actions and tasks.Each individual has different experiences logical and components which compose his or her personality and no 2 people are the same.Successful spatial resolution of this stage leads to the inoculation of industrious qualities; however failure to achieve a sense of greater productiveness and mastery leads to feelings of inferiority. e. )Fifth Stage: Spanning from original thirteen to nineteen years of age, this stage is characterised by the conflict between Identity and major Role Confusion.During adolescence, children explore their independence and develop a sense of self.

Individuals become the person that how their culture and societal interactions dictate that they become.During this stage people begin exploring personal relationship logical and the successful resolution of this stage requires the individual form close, committed relationships and leads to a good sense of security. Successful resolution at this stage requires are strong senses of indentify developed in the previous one, people who fail at this stage develop a sense of isolation and loneliness. g. )Seventh Stage: Covering middle age from 25 to 64 years, this stage is characterised by the armed conflict between Generatively and Stagnation.In the realm of Freud, it.If the individual is able to look at the life he old has led and feel accomplished then he feels a sense of integrity, however failure to do so leads to a sense of despair.Freuds Theory of Psychosexual Development Unlike Eriksons theory, Psychosexual Development postulates older adult personality being determined only from heredity or past childhood experiences and memories. early Freud outlined the stages of personality development during childhood, being characterised by certain erogenous zones and their attendant internal conflicts the positive resolution of which leads to a healthy personality whereas â€Å"fixation† at a particular stage, i. e.

They dont delight in suffering.)Anal Stage: This stage stars from age to logical and lasts unto age three, at this age children learn control over elimination of bodily waste. Toilet training becomes an important factor as proper training from parents lead to children becoming confident and productive whereas too lenient or too harsh training leads to a disorganised and obsessive personality respectively. . )Phallic Stage: Lasting from three to six years of age, successful resolution of this stage leads to internalisation of morality whereas fixation leads to an aggressive, vain and dominating sexuality in the future.Consciousness is distinguished by a unique type of unity, on account of which it doesnt withstand gaps of any type.References: 1. ) Slater, Charles L. (2003), â€Å"Generativity versus stagnation: An elaboration of Eriksons adult first stage of human development†, Journal of Adult Development 2. ) Erikson, Erik (1956).

It would currently be useful to spell worn out precisely conceptions of the idea of the unconsciousness in conditions of consecutive degrees of independence.Social and cultural influences arent completely outside the persons reach.Freuds influence is still huge and pervasive.Take home message Freudian theory ought to be extended a postharvest fresh appearance.