Enron Scandal - 9449 Words

The Enron scandal, revealed in October 2001, eventually led to the bankruptcy of the Enron Corporation, an American energy company based in Houston, Texas, and the de facto dissolution of Arthur Andersen, which was one of the five largest audit and accountancy partnerships in the world. In addition to being the largest bankruptcy reorganization in American history at that time, Enron was attributed as the biggest audit failure.[1] Enron was formed in 1985 by Kenneth Lay after merging Houston Natural Gas and InterNorth. Several years later, when Jeffrey Skilling was hired, he developed a staff of executives that, by the use of accounting loopholes, special purpose entities, and poor financial reporting, were able to hide billions of†¦show more content†¦By December 31, 2000, Enron’s stock was priced at $83.13 and its market capitalization exceeded $60 billion, 70 times earnings and six times book value, an indication of the stock market’s high expectations about its future prospects. In addition, Enron was rated the most innovative large company in America in Fortune s Most Admired Companies survey.[11] Causes of downfall[edit] Enron s complex financial statements were confusing to shareholders and analysts.[12][13] In addition, its complex business model and unethical practices required that the company use accounting limitations to misrepresent earnings and modify the balance sheet to indicate favorable performance.[14] The combination of these issues later resulted in the bankruptcy of the company, and the majority of them were perpetuated by the indirect knowledge or direct actions of Lay, Jeffrey Skilling, Andrew Fastow, and other executives. Lay served as the chairman of the company in its last few years, and approved of the actions of Skilling and Fastow although he did not always inquire about the details. Skilling constantly focused on meeting Wall Street expectations, advocated the use ofShow MoreRelatedThe Enron Scandal854 Words   |  4 PagesThe Enron Scandal Background Enron Corporation was an American energy, commodities, and services company based in Houston, Texas. Before its bankruptcy on December 2, 2001, Enron employed approximately 20,000 staff and was one of the world s leading electricity, natural gas, communications, and pulp and paper companies, with claimed revenues of nearly $101 billion in 2000.[1] Fortune named Enron America s Most Innovative Company for six consecutive years. At the end of 2001, it was revealedRead MoreEnron Scandal2929 Words   |  12 PagesLaw and Management Book Review Enron, Titanic and The Perfect Storm - Nancy B. Rapoport Student No: 0834172 Word Count: 1500 1 CILM Book Review 0834172 Two years after Enron filed for bankruptcy in 2001, Nancy b. Rapoport wrote this essay expressing her unique perspective on the real cause of Enron’s demise. This essay catches the reader’s attention instantly, because unlike abundant other articles written on the biggest corporate scandal in American history, the author here rejectsRead MoreEnron And The Enron Scandal847 Words   |  4 PagesThe Enron scandal, discovered in October 2001, eventually led to the bankruptcy of the Enron Corporation, an American energy company based mostly in Houston, Texas, and also the dissolution of Arthur Andersen, that was one amongst the 5 largest audit and accounting partnerships within the world. Additionally, to being the most important bankruptcy reorganization in American history at that point, Enron without doubt is the biggest audit failure. it s ever the foremost notable company within theRead MoreThe Enron Scandal Of A Company1193 Words   |  5 Pageswell. What if this com pany falsifies their records and in a couple of days the company and its stock value go from $90 per share to just a penny per share. You lose your money just because a company cheated and stole your money. This is what the Enron scandal did to thousands of people. It could have been stopped if more forensic accountants in the world are checking on the companies. This way they don’t lie about their stock value. Forensic accountants are in charge of checking business financial recordsRead MoreEnron Scandal1844 Words   |  8 Pagesï » ¿THE ENRON SCANDAL FACTS OF THE CASE Enron Corporation was an American energy, commodities, and services company based in Houston, Texas. Enron s predecessor was the Northern Natural Gas Company, which was formed during 1932, in Omaha, Nebraska. It was reorganized during 1979 as the main subsidiary of a holding company, Inter-North which was a diversified energy and energy related products company. During 1985, it bought the smaller and less diversified Houston Natural Gas company. EmployedRead MoreEnron And The Enron Scandal1387 Words   |  6 PagesEnron, The Shadiest Guys In the Room When you ask young people about the Enron scandal today, most of them have not even heard of it. The fact of the matter is, it is very relevant to young professionals today. Enron is the most recent story of classic Wall Street greed and fraud. However it is still argued today by different stakeholders who are is responsible. This essay will take the viewpoint from multiple stakeholders to use the Enron Scandal as an example to further explain American corporateRead MoreEnron Scandal1477 Words   |  6 Pagesï » ¿Current issue: Scandals in auditing Enron Scandal 1. Introduction Accounting scandals are political or business scandals which arise with the disclosure of financial misdeeds by trusted executives of corporations or governments. These days, not too often, these scandals are splashed as headlines across media. Why? Because there are complex groups of stakeholders who might be seriously affected by the scandals. Enron scam was the most remarkable scandal in 20 centuries by their institutionalizedRead MoreThe Enron Corporation Scandal 1791 Words   |  7 PagesIDENTIFY THE ACCOUNTING PRACTICES THAT WERE ASSOCIATED WITH THE ACCOUNTING SCANDAL. The Enron Corporation failures made world headlines for many reasons ranging from greed from its executives, the alleged malpractice and criminal behaviours, and its quick and disastrous collapse. The most critical factor in Enron’s melt down was the use of creative and manipulative accounting practices to distort reported proï ¬ tability and indebtedness that befell the corporation (A. Holt and T. Eccles, 2002) TheRead MoreEnron Scandal Of Enron Corporation Essay1145 Words   |  5 PagesIntroduction Enron scandal which aroused in 2001 was one of the most famous events in the area of fraud audit. As the auditor company of Enron, Arthur Andersen failed to prepare true and fair auditing reports. They both suffered lethal loss at that time. The following paragraphs will discuss this fraud event, including the organization history, the organization’s event, the fraud issue in the event, the consequence of the main stakeholders, auditors in the event and their roles, and the current situationRead MoreThe Enron Scandal Essay619 Words   |  3 PagesThe Enron Scandal In a front-page article with no less than four by-lines (7/03, Enron Triggers a Slew of Proposed Fixes But What Will Stick? by Steve Liesman et al.), The Wall Street Journal reports, As more than 10 congressional committees pursue inquiries, 32 Enron-related bills have been introduced to address ills ranging from auditor conflicts of interest to the scams of an unregulated derivatives market. The Securities and Exchange Commission pledges to reform accounting rules, get

Functions, Roles, And Activities Of Managers - 881 Words

Explain the functions, roles, and activities of managers. Research two companies within the last 3-years, not described in the book, and discuss what managerial characteristics were essential to lead change. Controlling, coordinating, staffing, and planning are the key functions that managers play in an organization (Lussier, 2012). Managers control and coordinate resources to achieve set goals and objectives. They are involved in both the formulation and implementation of strategies in the organization. Managers handle staffing the company. The manager is tasked with the responsibility to recruit the best talents for the business. They create job descriptions, advertise vacancies, and organize interviews. In small organizations, the manager is also in charge of payroll. The manager communicates with other workers to keep the workplace running. The manager ensures the workplace is functioning efficiently by communication responsibilities and tasks. The manager also conducts training and business research. Unilever is among the most successful multinational corporations. The corporation has experienced immense change because of management practices that are geared towards the development of a talented workforce, effective communication, coordination, and collaboration. The management advocates for practices that help motivate employees to give their best for the organization. The other company that has been transformed because of a change in management practices isShow MoreRelatedThe Characteristics And Actions Of Management Essay866 Words   |  4 Pagesthey tick. I am curious to how management functions, what roles they play, and what skills they possess. In my last job, I witnessed a manager that struggled to do the basic management functions, no designated managerial role, and ineffective managerial skills. Basically, I learned that my previous manager how not to operate in management. Management Functions Robbins Judge (2012) says, â€Å"Managers get things done through other people.† (p. 5). Managers are tasked to delegate work to so that goalsRead MoreWhy Managers Are Important For Organization1300 Words   |  6 PagesIntroduction Manager, the person who makes decision and design the organisation’s goals, based on their manager’s level, according to Robbins, Bergman, Stagg, and Coulter (2012). The main purpose of this essay is to identify the reason why we need to have managers in organisations. Based on the research below, we can clearly see that there is a need to have managers in operating and managing an organisation. For example, first- line, middle, and top managers perform different functions of managementRead MoreManagerial Functions Of A Manager1259 Words   |  6 PagesIn an organization, manager is â€Å"someone who coordinates and oversees the work of other people so that organizational goals can be accomplished.†(Robbins, Bergman, Stagg Coulter, 2012, p.10) Managers play an important role as the organization requires their skills to overcome the challenges in chaotic times. Besides, manager is vital to make sure all the work activities operate smoothly and thus achieve the goals efficiency and effectively. There is said to be three specific categorization schemesRead MoreHenri Fayol vs. Henry Mintzberg962 Words   |  4 PagesMintzberg. Functions vs. roles Henri Fayol and Henry Mintzberg are â€Å"two sides of the one coin†. Each man has his own opinion on what the manager does. Fayol has his â€Å"five functions† and Mintzberg has his â€Å"roles of management†. In this essay I will discuss both men’s opinions and try to come to a conclusion on which I think is better. Henri Fayol, a French management theorist and managing director of a French mining company, came up with the five functions of management. TheseRead MoreAre the Classical Functions Put Forward by Henri Fayol in 1949 Still Valid and True Today?1263 Words   |  6 Pagesof classical approaches to newer conceptualizations within management functions. Are the classical functions put forward by Henri Fayol in 1949 still valid and true today?, or are the theories put forward by other academics such as Mintzberg more valid?, or would the scientific type management concepts be more fitting?. To answer such questions this report examines two Journal journals, â€Å"Are the classical management functions useful in describing managerial work?† (Journal 1) and â€Å"Some effects ofRead MoreFayol s Theory Of Management Essay1570 Words   |  7 PagesHenri Fayol s managerial activities are recognized as being essential and are specially emphasized as being universal for achieving a n organization s goals (Pugh and Hickson, 1964). The undeniable contribution to management has provided a system of concepts which has become a leading guide for managers in most organizations. Though there were few authors who weren t affected by Fayol s work, there were some who criticized his work as being idealist and ignoring the reality of management. MintzbergRead MoreMgmt 4081554 Words   |  7 PagesRoles of a Manager MGMT 408 Week 1 Farbod Zarkeshian IT Managers now have many responsibilities (data centers, staff management, telecommunications, servers, applications, workstations, websites, mobile access and devices, user support, regulatory compliance, vendor management, disaster recovery, etc.) and work with all the departments (accounting, human resources, marketing, sales, distribution, facilities, legal, etc.) within a company or organization. This is both the good and the badRead MoreBasic Challenges of Organizational Design1434 Words   |  6 Pagesachieve its goals. Organizational Roles An organizational role is a set of task-related behavior required of a person by his or her position in an organization. Organizational structure is based on a system of interlocking roles, and the relationship of one role to another is defined by task-related behaviors. Authority:- is the power to hold people accountable for their actions and to make decisions about how to invest and use organizational resources. Subunits: Functions and divisions In organizationsRead MoreOperational Functions Of The Operations Manager997 Words   |  4 Pages The operations manager is among the most important managerial position in an organization. The paper is a reflection of the information shared by the operations manager of Donald Stores. Managerial functions Every manager completes the following function in the execution of his or her duties. The four functions are planning organizing, leading and controlling (Carpenter, Bauer, Erdogan, 2009). The functions of organizing and planning are important for effectively carrying out of the subsequentRead MoreManagement - Efficiency and Effectiveness Essay1629 Words   |  7 PagesA manager, as defined by Bergman, Coulter, Robbins and Stagg (2009), is someone who coordinates and oversees the work of others so that organisational goals can be accomplished. Further to this definition management, which is essentially what mangers do, involves ensuring that work activities are completed efficiently and effectively. There are three specific categorisation models to explain what exactly it is that managers do: †¢ Management Functions (Henry Fayol) †¢ Management Roles (Henry Mintzberg)

English Literature Essay Example For Students

English Literature Essay The insight of placing LOVE and SUFFERING as the soul of world literature approached with the renaissance of whole English literature. One of the most magnificent and astonishing LATIN AMERICAN LITERATURE world has ever witnessed, Laura Esquirels Like Water For Chocolate and Allendes THE House Of The Spirits giving a breathtaking sensation to the readers. The contrast of the all the characters in both the works by female authors has been appreciably done. Minor themes emerging from the backgrounds have played a vital role in developing the plot of the story. Both the works portray Love as the most basic and essential ingredient in the saga of destined protagonists. Going all the way through the works, there is a special connection between the characters which is either destined or a bonding which can be called Love or Suffering. Both the works have exceptional opening right away building relations between different characters. Floating over the sea of romance, heartbreak, sacrifice a nd suffering both the works intensifies as the plot develops. There is a profound link between love and suffering as between the sea and water. In the novel Like Water For Chocolate the immortal love of a destined protagonist Tita changes into suffering because of assorted efforts of Mama Elena, her mother and Pedro Muzquiz, her soul-mate. A tradition followed by De la Garza family which forced the last daughter of the family to be unmarried. But the destiny had something else for her. An unforgettable love was enough to devastate all the bliss in her life. Pedros decision of marrying Titas elder sister Rosaura worsened it all. Though the intentions were not the way its consequences were. Pedro wanted to secure his position beside Tita and this was the only way he would have made it possible. But it ended being worsened and Tita who was already broken was shattered by his choice. It was impossible for her seeing her love being someone elses right in front of her eyes. A glimpse of selfish love in Pedros heart could be seen. 1Pedro lied to her on her wedding day.. As time went on he really had grown to love Rosaura. The above narration undoubtedly illustrates that the selfish love of Pedro, which unfortunately led to an unwanted relation between Rosaura and Pedro. An everlasting love between Tita and Pedro laid the foundation for Rosaura and Pedros lives to cross which results in suffering for all three of them. A parallel relationship can be seen in the novel The House Of The Spirits. Isabel Allende has marvelously used minor characters to develop the plot for a surprising narrative. A chronicle of passionate men and women in which again an ill-fated protagonist Estaban Trueba lost his unadulterated love for Rosa, who is a minor character. Rosa, the beautiful had very distinctive persona which made her out of this world. As seen in Like Water For Chocolate this time also destiny plays a crucial part in filching the love from his living. The tragic demise of his woman leads his love to suffering. Eventually this love connected life of Clara and Estaban, the two protagonists later. Clara was the youngest sister of the Rosa and was strange like her sister. An unusual affection for Clara was seen in Estaban as she was the sister of Rosa, the woman he loved the most. Estabans grand-daughter narration 2he courted Clara the old-fashioned way, just as he had done with her sister Rosa portrayed a picture which shows the love for Rosa was still inside him switched towards Clara. This connection between Clara and Estaban was the relation parallel to Pedro-Rosaura relation which was enforced on them by themselves. It was the relation with Rosa which made it possible for Estaban to marry Clara. This was the most significant point where the two protagonists met, one believing her destiny and other his fate and love. .uaf91aefaf81f971dd1814bd856966270 , .uaf91aefaf81f971dd1814bd856966270 .postImageUrl , .uaf91aefaf81f971dd1814bd856966270 .centered-text-area { min-height: 80px; position: relative; } .uaf91aefaf81f971dd1814bd856966270 , .uaf91aefaf81f971dd1814bd856966270:hover , .uaf91aefaf81f971dd1814bd856966270:visited , .uaf91aefaf81f971dd1814bd856966270:active { border:0!important; } .uaf91aefaf81f971dd1814bd856966270 .clearfix:after { content: ""; display: table; clear: both; } .uaf91aefaf81f971dd1814bd856966270 { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .uaf91aefaf81f971dd1814bd856966270:active , .uaf91aefaf81f971dd1814bd856966270:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .uaf91aefaf81f971dd1814bd856966270 .centered-text-area { width: 100%; position: relative ; } .uaf91aefaf81f971dd1814bd856966270 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .uaf91aefaf81f971dd1814bd856966270 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .uaf91aefaf81f971dd1814bd856966270 .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .uaf91aefaf81f971dd1814bd856966270:hover .ctaButton { background-color: #34495E!important; } .uaf91aefaf81f971dd1814bd856966270 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .uaf91aefaf81f971dd1814bd856966270 .uaf91aefaf81f971dd1814bd856966270-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .uaf91aefaf81f971dd1814bd856966270:after { content: ""; display: block; clear: both; } READ: Anne Frank EssayAs the narrative progresses, more evidences can be seen for love and suffering connecting lives of the characters. In Lauras Like Water For Chocolate the development of the story is mainly done by food and the recipes. The emotions hovering affects the food to a great extend. The same happens when Tita makes a dish from the roses gifted to her by Pedro. This time it was the emotion of love and lust which takes over the food. Unfortunately or fortunately for Gertrudis, the destiny chooses her to be the medium for the conveyance of love which Tita felt for Pedro making her suffer from heat. 3But something strange was happening to Gertrudis. On her the food seemed to act as an aphrodisiac From the above reference it can be evidently said that the love and heat she was carrying was too much for her to handle. This love of Tita for Pedro and enlightening of the sexual desires and heat in Gertrudis was responsible for the lives of Juan, his lover and her to cross and overlap each others path that wiped out her sufferings caused by the heat. Allendes The House Of The Spirits equally encloses the crossing over of the paths of different characters because of Love and suffering. A love triangle can be seen between Jaime, Amanda and Jaimes brother Nicholas. This frustrated love between them resulted nowhere but torment for all of them. This love makes a weird connection between their lives. Hidden love in Jaime, for Amanda develops a pure relation between their souls which they think is weaker than their love for Nicholas. It can be felt that their thought was right because if their love was eternal then this weakness could have been the strongest element and their paths which diverted could have been overlapping making their dreadful past a pleasant future. 4But to have recognized Amanda, he (Jaime) must have loved her a great deal. The narration above depicts that the love of Jaime was pure and true. But some times just love is not enough to cure every suffering. Despite of all the distances and a break of their connection somehow Jaime kept alive that love which helped him to maintain a very subtle connection between them. A generation to generation love also moves on in both the works. Like Water For Chocolate includes an unseen bonding or connection between the life of Tita and Esperenza, her niece could be developed because they were destined to experience the same suffering. The words uttered by Rosaura 5he couldnt (marry Esperenza) because the girl was destined to take care of her (Rosaura) until her death. writes the suffering of Esperenza which she will face in future. This connects the past sufferings of Tita with the future sufferings of Esperenza. This helps them to connect as close as Tita was to Roberto, his nephew. The love for Pedro shifts towards Roberto and Tita felt that he was his own baby. Identical generation love in The House Of The Spirits is felt between Clara and Blanca, her daughter. Blanca and Pedros growing love which was defended by Clara helped in strengthening the mother-daughter relationship. Not only Blanca and Pedros love but suffering and cordial relation between Estaban and Blanca made Blanca to be more close to Clara. These narrative words by Estaban himself 6I also gave up the idea of establishing a good relationship with Blanca. Ever since..I think Pedros love was to blame. are evident of the relation which Blanca and his father shared. On the contrary Clara and Blanca were connected due to the same suffering caused by Estaban beating and torturing them emotionally and mentally. .uf2a5f9e8356c9fbda1913abf8c624efd , .uf2a5f9e8356c9fbda1913abf8c624efd .postImageUrl , .uf2a5f9e8356c9fbda1913abf8c624efd .centered-text-area { min-height: 80px; position: relative; } .uf2a5f9e8356c9fbda1913abf8c624efd , .uf2a5f9e8356c9fbda1913abf8c624efd:hover , .uf2a5f9e8356c9fbda1913abf8c624efd:visited , .uf2a5f9e8356c9fbda1913abf8c624efd:active { border:0!important; } .uf2a5f9e8356c9fbda1913abf8c624efd .clearfix:after { content: ""; display: table; clear: both; } .uf2a5f9e8356c9fbda1913abf8c624efd { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .uf2a5f9e8356c9fbda1913abf8c624efd:active , .uf2a5f9e8356c9fbda1913abf8c624efd:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .uf2a5f9e8356c9fbda1913abf8c624efd .centered-text-area { width: 100%; position: relative ; } .uf2a5f9e8356c9fbda1913abf8c624efd .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .uf2a5f9e8356c9fbda1913abf8c624efd .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .uf2a5f9e8356c9fbda1913abf8c624efd .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .uf2a5f9e8356c9fbda1913abf8c624efd:hover .ctaButton { background-color: #34495E!important; } .uf2a5f9e8356c9fbda1913abf8c624efd .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .uf2a5f9e8356c9fbda1913abf8c624efd .uf2a5f9e8356c9fbda1913abf8c624efd-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .uf2a5f9e8356c9fbda1913abf8c624efd:after { content: ""; display: block; clear: both; } READ: Li Like Water For Chocolate was the pain and suffering taken by Tita from her mama Elena. Every little joy in Titas life was snatched away from her for one or the other reason. After Pedro and Rosaura having a baby named Roberto did just the opposite for Tita. She was as happy as she has found her lost love for Pedro in Roberto. But this love also soon turned out to be the biggest suffering ever when Mama Elena sent him away from her along with Pedro. The worst was about to come with the news of Roberto dead. Already broken Tita because of the pain of separation was now shattered. Fainting by the blow from Mama Elena, Tita flourished under the care of Dr. Brown who already had hidden love for Tita. Going against the order of Mama Elena, Dr. Brown rescued her from the prison of Mama Elena and giving her a new life to live. This suffering of Tita and Love of Dr. Brown resulted in the most wonderful connection changing the plot of whole novel which the narrative below verifies. 7Those hands (Dr. Brown) have rescued her (Tita) from the horror and she would never forget it. Same suffering making Tita silent for some time had played the most important role to find one more character, The Real Tita. The narration 8But now she preferred silence. There were many things she needed to work out in her mind. shows that Tita wanted her mind to work for herself and wanted time to overcome that disaster and learn how to trip but not fall. This made Tita to re-connect with herself. Same silence is observed in Clara in The House Of The Spirits. The love for her sister which turns out be to be disastrous with her demise, Clara also turn into a deep silence. A silence which allows her to develop her psychic powers and to re-form herself. The narration below 9She decided that speaking was pointless and locked herself in silence. justifies that Clara was not only attached to her thoughts but was combined with her thoughts and herself and this made her to connect with many peoples life by just using her psychic powers and with herself too. In conclusion, it can be said that the concept of love, mostly unrequited and suffering used in connecting characters has been used effectively making a silver platter for readers with love and suffering used like siblings. Each and every character is connected to each other irrespective of its part in the novel. Laura and Allendes thoughts has beautifully worked out the theme of love and suffering for the two unconventional works.

The Rocking Horse Winner, David Herbert Lawrences Essay Example

The Rocking Horse Winner, David Herbert Lawrences Paper In David Herbert Lawrences The Rocking-Horse Winner, Paul was a young child from a money-oriented family whose personality evolved from an introverted and inquisitive little boy seeking his mothers attention to an obsession with trying to please her. Pauls mother was merely attracted to material possessions and uninterested in her offspring. She was in debt and continued to live beyond their funds. Paul was starving for love and attention from his mother and struggled to please her. He became captivated with laying a bet on horse racing and making money to satisfy his mother. Pauls obsessions with trying to gain his mothers warmth eventually lead to his downfall. D. H. Lawrence shows of the traumatic ruin of an upper middle class family stressed to maintain appearances in the face of customary overspending. The most terrible offender is the status-conscious mother because unfortunately, no matter how much capital Paul earns, her over-elaborate tastes only grows rapidly. In literature, theoretical analysis behaves as a crucial function in the understanding and critical meaning of a text. Some writers supply hidden meaning that is suitable to these theories to produce a greater density in the plot of the story. The Rocking Horse Winner is a leading example of an author skillfully utilizing this theoretical approach to the development of a story. In this story the psychoanalytic theory is applied. In literature, there are two types of psychoanalytic theory. One is built on the work of Sigmund Freud and the other is the modification of Freuds work by Jacques Lacan, a French psychoanalyst. We will write a custom essay sample on The Rocking Horse Winner, David Herbert Lawrences specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on The Rocking Horse Winner, David Herbert Lawrences specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on The Rocking Horse Winner, David Herbert Lawrences specifically for you FOR ONLY $16.38 $13.9/page Hire Writer From these two perspectives of this specific theory, Jacques Lacans theory appears to be the inspiration that Lawrence wrote his story from. In Lacans vision, he points toward the development of children and society. He sees the evolution of the child from the early years to maturity as a progression of stages in life. This development stresses the affiliation of the child to language and the relationships it has with others. This accentuation directly influences the childs sense of self. In application to the Psychoanalytic Theory, the story extensively reflects Lacans mirror stage. The similarity may possibly cause an individual to trust that Lawrence was an intense advocate in this theory. Not only from Pauls obsession and ultimate downfall, but the relationship of child and mother expressed in the course of the story makes it apparent that Lacan did have a substantial inspiration on the tale. The psychological aspect of the story also manifests Freuds Oedipus complex. Freud sugge sted that all boys go through a stage where they want to take their fathers place. Pauls desire to earn money for the family can be said to be an unconscious desire to take his fathers place. Pauls desire to take care of the familys needs is Oedipal. In the story, it is the lack of the fathers luck that originally causes Paul to be fixated with the desire to be lucky, generously for his mother. Psychological Criticism is a technique that concentrates on the unconscious thoughts of the human intellect. Psychological criticism makes an effort to reveal those profound and unexplained concepts in the literary field. In numerous ways D. H. Lawrences story, The Rocking-Horse Winner deals with the contradictory feelings and perspective of the two main characters, mother and son. Through the story, it is obvious that the mother concentrates primarily on her misery in life, predominantly that she lacks all the wealth she desires. This is noticeable where she mentions to her son I used to think I was, before I married. Now I think I am very unlucky indeed. (Kennedy 595) When Paul makes an attempt to get her to see that despite her bitterness towards her life, his outlook on luck is distinct from hers. Despite her resentment, he states at one point to her Im a lucky person. The mothers great denial of any opportunity of happiness though transforms the Pauls plan. In addition, the action alone unmistakably manifests the sons desire to please his egocentric mother. The son seems determined to give his mother some good luck. It was not until she was married that she claimed her bad luck began. This is apparent when her son asks her if she received anything pleasant for her birthday, which to she responds coldly Quite moderately nice. Paul was never fully satisfied with his earnings for the reason that he felt it wasnt sufficient for his mother. Every time the house chanted, There must be more money! There must be more money! there was a consistent drain of Pauls strength and determination for life, leading him to a painful stage. His life is taken because of his obsession to be lucky. To be lucky, in the words of his mother, was to be wealthy. This misunderstanding drives Paul to go insane where it ultimately results in his young death. The depictions of trauma in the story are illustrated through Paul and his obsession. His mother conditions him in a way that he feels the only way to prove to her his adoration is to be as prosperous as he can be. Yet, being a young child, he forces all of his power into pleasing her desires and ends up taking his own life. At the end of the story, Paul lies dead due to a sickness apparently brought on by exhaustion. He has ridden his rocking-horse for the last time, and received a considerable amount of money for his mother, thus proving to her that he is, in fact, lucky. Paul was an inquisitive little boy. He was concerned as to why his mother was so miserable. His mother told him that they were the poor ones in the family because they were unlucky. Paul, in an attempt to please his mother told her that he was lucky. His mother belittled this idea causing Paul to feel rejected. Paul went in search of luck to gain his mothers approval. As with most children Paul had a longing to be loved and accepted by his mother and felt that he could accomplish this by providing her with the material things she longed for. This was shown by the development of his character from curious to pleasing to obsessed. His successful efforts in providing his mother with monetary wealth proved to be pointless in obtaining the love that he desired from her. Pauls mother in The Rocking Horse Winner is a cold, unloving parent who is extravagant and materialistic. The mother has a cold heart and an inability to love when it comes to her children. The cold and unloving quality of the mother is demonstrated clearly by Lawrence. She married for love, and the love turned to dust. She had bonny children, yet she felt they had been thrust upon her, and she could not love them (Kennedy 594). The quote creates an image of how cold the mother is towards her children. Hester stopped respecting and loving her husband, once he was unable to provide her with all her extravagant taste. Hester blames their financial failure to her unlucky husband. The situation made her grow bitter. Hesters priorities; obviously not the children but her greed, has made her unable to display any affection toward the children. This story critically judges those who associate love with money and luck with happiness. The mother with her insatiable desire for material possessions believes that money will make her happy despite the obvious fact that so far it has not. Paul, who learns from his mother to associate money with love, represents the desperate search for values in a cash culture. Mothers mold their sons into men who are the opposites of their undesirable husbands. Since mothers cannot change their husbands they create desirable sons. Making her feelings known the mother coldly characterizes her husband as very unlucky. By telling Paul this she sets in motion the boys useless mission to please her to be the man his father could not.

Women and Poverty essays

Women and Poverty essays World poverty is a social welfare issue that has plagued nearly every society, more specifically women in poverty. The issue of women and poverty and the Feminization of Poverty is a very disturbing issue indeed. The way our society is built and a history of oppression has lead to the inequalities in the genders. This inequality and social status is among the reasons for this trend of Feminization of Poverty. The trend of the Feminization of Poverty is not new throughout the world. It is however a new trend in America. Feminization of Poverty simply means that a larger number of people in poverty are women. The gap between women and men in poverty has continued to grow in the past decade. Reasons for this increasing gap come from many different levels of our society. The majority of the 1.5 billion people living on $1 dollar a day or less are women. Through out the world women earn just above fifty cents on every mans dollar. This proves that even in a working society that women are oppressed and rewarded less for their efforts. This impact of this difference becomes stronger as income decreases. As women approach poverty they are denied critical items such as land, housing, and credit. This denial comes sooner for women than men because on average they are earning less. This creates a poverty cycle nearly impossible to escape. Governments throughout the world have recognized the gender dimension of poverty. This has lead to implementation of politics to help eradicate this problem. Unfortunately it is difficult if not impossible to change the views and actions of an entire society. Even at the level of the family, a smaller amount of reward is given to women than to men. This seems to radiate out into society and creates gender inequality. Factors that have lead to the increasing gender dimension in poverty stem from the changes to the institution of the family. In America the current divorce rate ...

Definition and Examples of Linking Verbs

Definition and Examples of Linking Verbs A linking verb is a traditional term for a type of  verb  (such as a form of be or seem) that joins the subject of a sentence to a word or phrase that  tells something about the subject. For example, is  functions as a linking verb in the sentence The boss is  unhappy. The word or phrase that follows the linking verb (in our example, unhappy)  is called a subject  complement.  The subject complement that follows a linking verb is usually an adjective (or  adjective phrase), a noun (or  noun phrase) or a pronoun. Linking verbs (in contrast to action verbs) relate either to a state of being (be, become, seem, remain, appear) or to the senses (look, hear, feel, taste, smell).   In contemporary linguistics, linking verbs are usually called copulas,  or copular verbs. Examples and Observations of Linking Verbs The Grinch is grumpy.In the movie How the Grinch Stole Christmas, the mayor of Whoville is  Augustus Maywho.In the book Horton Hears a Who!, Ned McDodd is the mayor of Whoville.This lemonade tastes sour, but the cookies smell delicious.Beth felt bad and wanted to go home.Tom felt Beths forehead and then he became upset.Though she appeared calm, Naomi was  extremely happy about her promotion.How often have I said to you that when you have eliminated the impossible, whatever remains, however improbable, must be the truth? (Sir Arthur Conan Doyle, The Sign of Four, 1890)If your daily life seems poor, do not blame it; blame yourself. Tell yourself that you are not poet enough to call forth its riches. (Rainer Maria Rilke)If any word is improper at the end of a sentence, a linking verb is. (William Safire,  How Not to Write: The Essential Misrules of Grammar. W.W. Norton, 2005)I became a feminist as an alternative to becoming a masochist. (Sally Kempton) Two Tests for Linking Verbs A good trick to determine if a verb is  a linking verb is  to substitute the word seems for the verb. If the sentence still makes sense, the verb is a linking verb. The food looked spoiled.The food seemed spoiled. Seemed works, so looked is a linking verb in the sentence above. I looked at the dark clouds.I seemed at the dark clouds. Seemed doesnt work, so looked is not a linking verb in the sentence above. Verbs dealing with the senses (such as looks, smells, feels, tastes  and sounds) can also be linking verbs. A good way to tell if one of these verbs is used as a linking verb is to substitute a form of be for the verb: If the sentence retains the same meaning, the verb is a linking verb. For example, look at the way feels, looks  and tastes are used in the following sentences. Jane feels (is) sick.That color looks (is) awful on you.The casserole tastes (is) terrible. (Barbara Goldstein, Jack Waugh and Karen Linsky,  Grammar to Go: How It Works and How To Use It, 3rd ed. Wadsworth, Cengage, 2010) Two Types of Linking Verbs These copular verbs (also linking verbs) can be divided semantically into two types: (1) those like be that refer to a current state: appear, feel, remain, seem, sound; and  (2) those that indicate a result of some kind: become, get (wet); go (bad); grow (old); turn (nasty). Be is the copula that most often takes adverbial complements that characterize or identify the subject: I felt cold; I felt a fool. (Sylvia Chalker, Copula, in The Oxford Companion to the English Language, edited by Tom McArthur. Oxford University Press, 1992) Using Linking Verbs With Complements for Emphasis Like the be  pattern, linking verbs may take nouns as complements. Some of the linking verbs have a little more acute verbal action than the be  equations: Everything became a mist.(C.S. Lewis, That Hideous Strength, 380) He became a castaway in broad daylight.(William Golding, Pincher Martin, 56) A simple syntactic structurea linking verb with a noun and two adjectiveshere makes an urgent point: War remains the decisive human failure.(John Kenneth Galbraith, The Economics of Innocent Fraud, 62) As predicate complements, adjectives that follow linking verbs often carry the new information and draw the stress. Argument remains inescapable.(Julie Thompson Klein, Crossing Boundaries, 211) She looked new and fresh.(Carolyn See, The Handyman, 173) In these linking examples, the major emphasis tends to fall on the predicate complement or, sometimes, whatever word or structure is at the end of the sentence. (Virginia Tufte, Artful Sentences: Syntax as Style. Graphics Press, 2006)

Monoclonal antibodies Essay Example | Topics and Well Written Essays - 2000 words

Monoclonal antibodies - Essay Example The fusion of myeloma cells together with mammalian spleen cells results to a hybrid cells that produces a high amount of the monoclonal antibodies. Out of this experiment, two types of cells are produced. One has the potential to grow continuously while the other has the ability to produce large amounts of monoclonal antibodies. Monoclonal antibodies are works better than convectional drugs since the antibody specifically targets the antigen and does not have negative health effects like the conventional drugs, which causes side effects after being used (Hsu, 1990, 34). If the amount of monoclonal antibodies becomes excess in the blood, it means that there is the presence of abnormal protein in the blood.   Screening of blood helps to identify these proteins through a process called protein electrophoresis. The plasma cells in the bone marrow are the main source of the production of monoclonal antibody abnormally.Monoclonal antibodies production  Hybridoma produces the monoclona l antibodies. Hybridoma cells can be made through fusing two cells so that the characteristics of two cells can be combined into one cell. One of the two cells should be myeloma, which is the tumor cell while the other should be the antibody-producing cell. The hybridoma produced in the laboratory has the ability to replicate faster than the normal cells that produces antibodies (Newcombe, 2007, 23). One common way in which the immune system of the humans fights diseases or presence.... pecifically targets the antigen and does not have negative health effects like the conventional drugs, which causes side effects after being used (Hsu, 1990, 34). If the amount of monoclonal antibodies becomes excess in the blood, it means that there is the presence of abnormal protein in the blood. Screening of blood helps to identify these proteins through a process called protein electrophoresis. The plasma cells in the bone marrow are the main source of the production of monoclonal antibody abnormally. Monoclonal antibodies production Hybridoma produces the monoclonal antibodies. Hybridoma cells can be made through fusing two cells so that the characteristics of two cells can be combined into one cell. One of the two cells should be myeloma, which is the tumor cell while the other should be the antibody-producing cell. The hybridoma produced in the laboratory has the ability to replicate faster than the normal cells that produces antibodies (Newcombe, 2007, 23). On the other hand , the tumor cells have potential to grow endlessly and at a higher rate than the normal cells. A specific monoclonal antibody that is originally produced by the B-lymphocyte is manufactured by the hybridoma cells. One common way in which the immune system of the humans fights diseases or presence of an antigen is through the production of large amounts of antibodies (Birch, Lennox, 2000, 30). These antibodies keep circulating throughout the body until they come across an antigen, which they will attach themselves on. As soon as they attach themselves, they alert the rest of the immune system to produce many of the antibodies to fight the specific antigen found. Monoclonal antibody can be produced in the laboratory and its effectiveness carries a higher percentage since it is designed for a

Realism And Its Role In The Novel Farewell To Arms Annotated Bibliography

Realism And Its Role In The Novel Farewell To Arms - Annotated Bibliography Example This novel applies a prose form that explains events as they occur, describing the characters with a simple and clear language that does not call for further analysis (Corkin, 86). The novel uses language in a form that is easier to understand, making its language use, a reality. While reading the novel, the story flows as if it was being narrated orally (Lewis, 55). This fully depicts the realistic application of language diction. Considering that simple and common language is the major aspect of realism, this novel qualifies the style by applying common language that is easily comprehensible (Furst, 105). The essence of realism is to eliminate all situations where the reader will be forced to think deeply, to come up with the meaning of a literary work (Lehan, 33). The novel is based on the actual happenings during the war, making it a realistic narration of events and occurrences (Monteiro,

Good and Evil Essay Example for Free

Good and Evil Essay There are many different viewpoints on what is right and wrong and ethically and morally correct. Immanuel Kant (1724-1804) and Jon Stuart Mill (1806-1873), both considered to be two of the best philosophers of all time, had different views on how one should live the Good Life. John Stuart Mill’s theory was called Utilitarianism and Kant’s theory, the Categorical Imperative. Immanuel Kant believed that it was more important for a person to have moral values than to be intelligent, funny, or to have any other talents or traits of the human mind or body. He believed of course that it was good to have these talents but that â€Å"moral worth† was invaluable. Kant expressed, â€Å"to act morally is to act from no other motive than the motive of doing what is right† (Sommers Sommers, 2010, p. 230). Kant believed that morality was not just about the results or effect of an action but the will behind the action. He believed that our actions must come from a sense of Duty, not because we care for or love one another but because it is our Duty to â€Å"respect the Moral Law† (p. 246). Judging the importance of a decision based on whether or not it was following a rule or set of rules is called deontological ethics. He believed that it was not the consequences of the action which were important but the person’s motive carrying out the said action. Many disagree with Kant saying that we must have a foundation to start from, a reason such as love or concern to do what is morally correct. John Stuart Mill believed that our actions must promote happiness to all involved, not just the person doing the action for it to be morally correct. Mill endorsed the â€Å"principle of utility† thus that actions are correct if they produce happiness and wrong if resulting in the opposite of happiness. Mill’s version of the Golden Rule is â€Å"To do as you would be done by, and to love your neighbor as yourself† (p. 211). Mill defended Utilitarianism saying that the result and consequences of the action, to produce happiness that is, would make the said action correct. This is called the Greatest Happiness Principle. Utilitarianism is not based on the happiness or satisfaction of one individual but of the whole mass or group of people involved, â€Å"the welfare of all citizens† (Rachels Rachels, 2012, p. 101). Casablanca In the movie Casablanca, the main character, Rick Blaine believed in living the Good Life just like John Stuart Mill. He also was concerned with the consequences of action. Rick also seemed to be like Kant in that he had a strong sense of duty professionally. Rick had a duty to himself, which he made clear on many occasions, but also had a duty to his acquaintances and patrons of his cabaret’. Rick made decisions to promote happiness, like Mill, but his decisions were based on selfish reasons. If others were happy he would make more money. Rick could have been considered a Utilitarian because he made decisions many times to put the happiness of the group ahead of the happiness of one individual, hence the second proposition of Classical Utilitarianism; â€Å"An action’s consequences matter only insofar as they involve the greater or lesser happiness of individual’s† (Rachels Rachels, p. 110, para. 1). In the beginning, Rick made the decision to let the police take Ugarte into custody so as not to disrupt the rest of the patrons. He also did it to make himself happy so that he would not have any problems with the authorities, so his establishment would run smoother, and also so he would be able to have the exit visas that Ugarte had given him to hold onto. In the beginning Rick was only concerned with his own happiness and he states this early on when he said, â€Å"I stick my neck out for nobody. † But, as the story progresses it seems that Rick started to make decisions to benefit others, not just him. When a young woman approached him and told him her story of wanting to get to America he rigged the game to benefit her and her husband so that they would have the money to buy their passes. This would benefit both the man and woman, make him appear good, benefit his acquaintance who sold the visas, and in-turn would probably come back to benefit him again. As stated earlier, Kant believed that one should have a moral obligation to do what is right and that it comes from a person’s pure sense of duty not from any emotion. Kant strictly â€Å"denied that emotions could have any foundation for morality† at all and that we should actually â€Å"discipline our feelings by reason† (Betzler, 2008, p. 308). Kant actually believed that it is an obligation and it is required to do what is morally right. This is how Rick appeared to be throughout until he came into contact with his old love, Ilsa. Ilsa seemed to bring out the best in him. When he realized how much he really cared for Ilsa and loved her, he only wanted to see her happy even if it was not with him. In the end he made a decision for the greater good of all involved instead of just himself. He helped Ilsa and her husband leave Casablanca even though he knew he would get into trouble. Rick showed his real sense of moral value when he did this. Another character that also showed his morality was Captain Renault. He helped Rick many times and recognized his good intentions towards others at the end of the movie. It appeared as if Captain Renault was impressed by Rick putting Ilsa and Victor Laszlo first even though it meant he would not have her anymore. Captain Renault covered for Rick in the end so that Rick would not be arrested. Captain Renault also showed that he was looking out for the benefit of the group not just one person when he did this. So, who is to say what makes an action right or wrong? Does the action have to be backed by a sense of duty or should it be driven by love and compassion for others? Is it not only the consequence of the action that matters? If good comes from the action and the action comes from the heart, thus is it not good? Kant believed that â€Å"love and compassion should not be allowed to cooperate in the performance of Duty† (p. 247). Cannot Duty, love, compassion, and friendship work together to make a decision right and justified with the end result being happiness? References Betzler, M. (2008). Kant’s ethics of virtue. Walter de Gruyter. ISBN: 9783110177282 Rachels, J. Rachels, S. (2012). The elements of moral philosophy (7th ed. ). New York, New York: McGraw Hill Sommers, C. H. Sommers, F. (2010). Vice and virtue in everyday life: Introductory reading in ethics (8th ed. ). Belmont, CA: Wadsworth

Essay --

Ketamine is used for: Inducing anesthesia (lack of sensation or feeling) before surgery or certain procedures that do not require skeletal muscle relaxation. It may also be used for other conditions as determined by your doctor. Ketamine is an anesthetic. It works in the brain to inhibit painful sensations. DO NOT USE KETAMINE IF: you are allergic to any ingredient in ketamine you have a condition in which a large increase in blood pressure would be harmful you are taking droxidopa Contact your doctor or health care provider right away if any of these apply to you. BEFORE USING KETAMINE: Some medical conditions may interact with ketamine. Tell your doctor or pharmacist if you have any medical conditions, especially if any of the following apply to you: if you are pregnant, planning to become pregnant, or are breast-feeding if you are taking any prescription or nonprescription medicine, herbal preparation, or dietary supplement if you have allergies to medicines, foods, or other substances if you have a history of head trauma or injury, bleeding in the brain, a stroke, increased spinal fluid pressure, increased pressure in the eye, bladder or urinary problems, heart problems (eg, congestive heart failure), high blood pressure, mental or mood problems, or thyroid problems if you have a history of alcoholism or you are intoxicated by alcohol Some MEDICINES MAY INTERACT with ketamine. Tell your health care provider if you are taking any other medicines, especially any of the following: Amiodarone or droxidopa because serious side effects, such as abnormal heart rhythms, may occur This may not be a complete list of all interactions that may occur. Ask your health care provider if ketamine may interact with other medici... ...sks to your baby. POSSIBLE SIDE EFFECTS OF KETAMINE: All medicines may cause side effects, but many people have no, or minor, side effects.Check with your doctor if any of these most COMMON side effects persist or become bothersome: Loss of appetite; nausea; vomiting. Seek medical attention right away if any of these SEVERE side effects occur: Severe allergic reactions (rash; hives; itching; difficulty breathing; tightness in the chest; swelling of the mouth, face, lips, or tongue); behavior changes; confusion; difficult, frequent, or painful urination; double vision; fainting; fast, slow, or irregular heartbeat; hallucinations; involuntary muscle movements; mental or mood changes (eg, anxiety); pain, redness, or swelling at the injection site; severe or persistent dizziness, light-headedness, or headache; slowed or shallow breathing; uncontrolled eye movements.

Impact of Product Price and Brand Name on Quality Perception Essay

In ordinary usage, price is the quantity of payment or compensation given by one party to another in return for goods or services. In modern economies, prices are generally expressed in units of some form of currency (For commodities, they are expressed as currency per unit weight of the commodity, e.g. Tshs per kilogram.) Although prices could be quoted as quantities of other goods or services this sort of barter exchange is rarely seen. Prices are sometimes quoted in terms of vouchers such as trading stamps and air miles. Brand is the â€Å"name, term, design, symbol, or any other feature that identifies one seller’s good or service as distinct from those of other sellers.†Initially, Branding was adopted to differentiate one person’s cattle from another’s by means of a distinctive symbol burned into the animal’s skin with a hot iron stamp, and was subsequently used in business, marketing and advertising. A modern example of a brand is Coca Cola which belongs to the Coca-Cola Company. A brand is the most valuable fixed asset of a Corporation. In general, the product is defined as a â€Å"thing produced by labor or effort In marketing, a product is anything that can be offered to a market that might satisfy a want or need. 2.0 PROBLEM ANALYSIS 3.0 OBJECTIVES 3.1 general objectives name on customer’s quality perception of product To assess the effect of price and brand 3.2 specific objectives * To assess the effect of price on quality perception * To assess the effect of brand name on quality perception HYPOTHESES Null hypotheses * There is negative relationship between price and quality perception * There is negative relationship between brand name and quality perception Alternative hypotheses * There is positive relationship between price and quality perception * There is positive relationship between brand name and quality perception LITERATURE REVIEW The consumer quality perception has been a debatable topic for the past so many years around the world; previously many researchers have studied this topic and found exploratory findings in different contexts. The central purpose of the study is to investigate the impact of product price and brand name on consumer’s quality perception of the product. The marketer must inspect the consumer buying behavior by consumer psychological behavior and social concerns (Shabbir et.al 2012). According to Kurtulus et al. (2005) the influence of consumer psychographics on their tendency to purchase retailer brands, that must be valid and reliable so the consumers are more price conscious and prefer and purchase retailer brands. Most of the consumers need convenience and quality products that strongly motivate them to buy the same product more frequently in the future (Ahuja, Gupta, & Raman, 2003). Ahmad, & Vays, (2011) found that the pre-decision time of consumer purchasing behavior recognized solid link with the desire purchasing Behavior of the consumers. Product price The product price factor is always been an important factor in customer/consumer buying process in every context. They always examine price and brand name information differently when they are making judgments on the dimensions of quality: ease of use, usefulness, performance, durability, and status (Brucks, Zeithaml & Naylor, 2000). The marketing managers have to think broader to have a common on two factors such as capability control and strategic dynamic pricing policies (Moe & Fader, 2009). The customer must be facilitated with some packages in products. Bie & Chiao (2001) found that the marketing managers should highlight the service quality as well as but also price fairness in total consumer satisfaction program. According to Chang & Wildt (1998) the price has its significant influence on perceived quality when it is the only information indicated available. According the study of consumer prefers to have a price and quality rather than technical aspects in durable goods (Chui et al. 2006). Brand name Another benefit of branding , from the customer view point,is its ability to increase purchase confidence and enhance customer loyality (Aaker,1991 ; chaudhuri & holbrook ,2001).Brands work by facilitating the the customers buying decesions process.(Doyle,1990).In a competitive market customer face hundred of products and messages competing for attention.the buying decisions are reliant on their past experience and perception about a product and his habitual buying process is associated with brand loyalty

Buddhism: Religion or Philosophy?

Whether or not Buddhism is a religion revolves around the contestation of whether or not it is a philosophy instead. This presents myriad problems of logic, as even the definitions of religion and philosophy are themselves a point of contestation. There is the school of thought that defines religion as a belief system, a firm ascription to a set of rules and utmost truths that therefore make religion of whatever kind dogmatic. To use this definition is to make Buddhism anything but a religion, as Buddhism essentially discourages any sense of rigidity in any belief system.It even does not advocate the supremacy of its own doctrines – the 4 noble truths, the 5 Skandhas, the eight-fold path. There are no parameters. The other thought line on religion defines it as a search for transcendence; a quest for an existence, purpose and authority higher than oneself, as advocated by the likes of Karen Armstrong. In this sense, Buddhism is a religion because it seeks to bring those who pr actice it to a new, profound realization of themselves and the world around them; to ‘see the world as it is’, which is the Buddhist idea of ‘realization’.This probably explains why there are quite a number of brands of Buddhism. Still, others wonder why anyone should be distinguishing between religion and philosophy. According to some, this distinction is a fairly new phenomenon, as recent as the 18th century. Throughout history, it is argued, philosophy and religion have been intertwined; take Plato’s Euthyphro for example. In it, the virtue of piety is inextricably argued from a standpoint of what ‘the gods’ believe is right or wrong, even though the whole discourse follows logic.Similar observations can be made in the Epistles of Apostle Paul in the New Testament. Distinguishing the two, it is said, betrays our own biases rather than clarifies things. Dogmatism v. Reason In following up on the more popular definition of religion bein g a set of beliefs, and therefore inherently dogmatic, religion has been criticized as being irrational – that one is required to have faith in absolute truths that not only make little sense to him, but provide no means through which they can be proven factual or otherwise.I this sense, religion is superstitious and irrational, throwing a spanner into attempts at objective human reasoning. Religions after all, have been the source of the greatest conflicts in world history, more fierce than quests for imperialism or economic dominance. In contrast to religion by popular definition, Buddhism encourages objective discourse through reason in a quest for truth, i. e. it is philosophy, just like Plato and Aristotle practiced it.This is however complicated by the fact that while some brands of Buddhism, such as Zen, do not ascribe to a deity, others actually do have absolute truths. But then again this might only fuel the argument that it is not a religion, seeing as there is no u nifying commonality as is common in other religions – Christ in Christianity, Mohammad in Islam, etc. Mysticism Allowing someone to find their own truth wherever they will is to tell them that whatever direction will take you to your destination, and most Buddhist practices have inevitably ended up in mysticism.Hence, when one asks what Buddhism is, in many cases they are told that they have to experience it, as words cannot sufficiently explain it. This trait is inherently religious rather than philosophical. In the latter, one must be unambiguous, while in the former, things like faith, revelation and prophecy are cornerstones. Being mystical, therefore gives Buddhism the appearance of religion rather than philosophy. All in all, I guess Buddhism is what one makes it.

Free Essays on Rise Of The Supperpowers

It is often wondered how the superpowers achieved their position of dominance. It seems that the maturing of the two superpowers, Russia and the United States, can be traced to World War II. To be a superpower, a nation needs to have a strong economy, an overpowering military, immense international political power and, related to this, a strong national ideology. It was this war, and its results, that caused each of these superpowers to experience such a preponderance of power. Before the war, both nations were fit to be described as great powers, but it would be erroneous to say that they were superpowers at that point. To understand how the second World War impacted these nations so greatly, we must examine the causes of the war. The United States gained its strength in world affairs from its status as an economic power. In the years before the war, America was the world’s largest producer. In the USSR at the same time, Stalin was implementing his ‘five year plans’ to modernise the Soviet economy. From these situations, similar foreign policies resulted from widely divergent origins. Roosevelt’s isolationism emerged from the wide and prevalent domestic desire to remain neutral in any international conflicts. It commonly widely believed that Americans entered the first World War simply in order to save industry’s capitalist investments in Europe. Whether this is the case or not, Roosevelt was forced to work with an inherently isolationist Congress, only expanding its horizons after the bombing of Pearl Harbour. He signed the Neutrality Act of 1935, making it illegal for the United States to ship arms to the belligerents of any conflict. The act also stated that belligerents could buy only non-armaments from the US, and even these were only to be bought with cash. In contrast, Stalin was by necessity interested in European affairs, but only to th... Free Essays on Rise Of The Supperpowers Free Essays on Rise Of The Supperpowers It is often wondered how the superpowers achieved their position of dominance. It seems that the maturing of the two superpowers, Russia and the United States, can be traced to World War II. To be a superpower, a nation needs to have a strong economy, an overpowering military, immense international political power and, related to this, a strong national ideology. It was this war, and its results, that caused each of these superpowers to experience such a preponderance of power. Before the war, both nations were fit to be described as great powers, but it would be erroneous to say that they were superpowers at that point. To understand how the second World War impacted these nations so greatly, we must examine the causes of the war. The United States gained its strength in world affairs from its status as an economic power. In the years before the war, America was the world’s largest producer. In the USSR at the same time, Stalin was implementing his ‘five year plans’ to modernise the Soviet economy. From these situations, similar foreign policies resulted from widely divergent origins. Roosevelt’s isolationism emerged from the wide and prevalent domestic desire to remain neutral in any international conflicts. It commonly widely believed that Americans entered the first World War simply in order to save industry’s capitalist investments in Europe. Whether this is the case or not, Roosevelt was forced to work with an inherently isolationist Congress, only expanding its horizons after the bombing of Pearl Harbour. He signed the Neutrality Act of 1935, making it illegal for the United States to ship arms to the belligerents of any conflict. The act also stated that belligerents could buy only non-armaments from the US, and even these were only to be bought with cash. In contrast, Stalin was by necessity interested in European affairs, but only to th...

An In-Depth Look at the Lightning Thief

An In-Depth Look at 'the Lightning Thief' The first book in Rick Riordan’s Percy Jackson and the Olympians series, The Lightning Thief, was published in 2005. This book is an entertaining introduction to a world of half-bloods, heroes, and Greek mythology. From the hilarious chapter titles (â€Å"We Take a Zebra to Vegas†) to the action-packed and thrilling text, to the strong narrative voice and compelling characters, readers of all ages (especially those ages 10 to 13) will find themselves immersed in Percy’s world. Many readers are unable to put the book down. Story Synopsis The books protagonist is 12-year-old Percy Jackson, who has dyslexia. He cant seem to keep himself out of trouble. He has been kicked out of a lot of boarding schools, but the last thing he wants to do is get kicked out of Yancy Academy. Things go horribly wrong on a field trip to the Metropolitan Museum of Art when he and his best friend Grover are attacked by their math teacher, who has turned into a monster. Percy narrowly escapes this monster, then learns the truth about why his teacher attacked him. It turns out that Percy is a half-blood, the son of a Greek god, and there are monsters trying to kill him. The safest place is at Camp Half-Blood, a summer camp on Long Island for the children of the gods. Here, Percy is introduced to a new world of gods, magic, quests, and heroes. After a series of page-turning events where Percys mother is kidnapped and Zeuss master lightning bolt is stolen, a crime for which Percy is being blamed,  he sets out on a quest with his friends Grover and Annabeth. They want to find the lightning bolt and return it to Mount Olympus on the 600th floor of the Empire State building. Percy and his friends mission takes them in all sorts of odd directions and on adventures around the country. By the end of the book, Percy and his pals have helped restore order among the gods, and his mom is set free. Why Its Worth Reading While the plot sounds needlessly complicated, it works as a whole to keep the reader engaged. There’s an overarching story that holds all the smaller pieces together. The smaller side plots introduce various Greek gods and myths that make the story so much fun to read. Riordan knows his Greek mythology and understands how to make these stories interesting for kids. The Lightning Thief is appealing to both boys and girls, as the book is peppered with strong male and female heroes and heroines. The Lightning Thief provides a fantastic start to a fun series. Its highly recommended reading for children aged 10 to 13. About Author Rick Riordan A former sixth grade English and social studies teacher, Rick Riordan is the author of the Percy Jackson and the Olympians series, the  Heroes of Olympus  series, and The Kane Chronicles  series. He has also been a part of The 39 Clues series. Riordan is an outspoken advocate of books that are accessible and interesting to read for kids with dyslexia and other learning disabilities. He is also the author of an award-winning mystery series for adults. Sources: Riordan, R. (2005).  The . New York: Hyperian Books.Lightening Thief Rick Riordan. (2005). Retrieved from http://rickriordan.com/

Factors affecting inflation rate Oman Assignment

Factors affecting inflation rate Oman - Assignment Example 21.54964 6.704981 2.19058 4.2857 8.11088 11.538462 2.801932367 14.6666667 Â   Â   Formula: Current year - Previous Year/Previous year*100 Â   Â   Â   From the above table it could be understood that the perspective of Oman inflation rate in the consecutive years has taken a leap from 2000 onwards. Starting from 2002 it can be seen that consumer price index has varied with some consistent rates of inflation. Starting from 2002 till 2008, there was constant price growth in certain sectors, which has made Oman’s inflationary conditions more severe than any other Middle East countries. Here we can see that there is a persistent inflation in food beverages and tobacco sector from 2002 to 2008 e.g. 0.10 to 21.54 inflation rate. This may be owing to supply bottlenecks and increase in demand. In case of education, recreation and entertainment deflation has taken place from 2003-2005 i.e. -0.79 to -0.10 but again from 2006 onwards growth in price level has been observed, this cert ain fluctuation has occurred due to change in educational demand of the country. In the initial years of 2000 Oman faced minimum growth in medical care due to non availability of proper medical facility and high expense. This is reflected in the change in rate of price change from negative to positive. But it has shown growth later on with response to the factors demanding for health and care of the country and this is again reflected in the slowdown of inflation rate after 2003. Then comes the most important consumer goods clothing and footwear sector where again a fluctuation in the CPI growth rate can be traced in the years 2002-2003 and again in 2006 but in later part it has increased. The manufacturing sector overall showed marked improvement and this might have generated more demand which in turn brought in inflation. In case of housing furniture and rent electricity water and fuel a huge deflation has been observed in the years 2002-2004 consecutively. In both the sectors the re was a downfall because at that time there was no change in the market condition for these years and in 2005 there was ‘0’ growth rate in price. But after that gradually it started taking up its position by severe improvement in the economy of the country. Sometimes growth in a sector can momentarily bring about inflation. The transport and communication sector is though highly developed in Oman with proper facility of road, airport, ports and railway has more or less consistent inflation in the following years except on 2003 when it came down to -0.50. The Government of Oman have made a total investments for major infrastructure projects estimated to be R.O. 15 billion between

Casino gambling in Kentucky Term Paper Example | Topics and Well Written Essays - 2000 words

Casino gambling in Kentucky - Term Paper Example In this context, the legislation matter has been the campaign proposal of Governor Steve Basher in his bid for election. Associated Press (2007) stated that the proposal of the Governor to legalize casinos in Kentucky is based on the assumption that it will bring growth to the economy in terms of revenues and taxes. The proposal has been submitted for a legislative process of approval and will also be presented to the Kentucky General Assembly for consent. The proposed bill if passed, allows 9 to 12 casinos in Kentucky, and is expected to bring estimated revenue of $600 million a year in tax revenue. In this critical issue, the Kentucky General Assembly composed of the people of Kentucky have been given the chance to have their voices heard in a direct poll whether they agree with this move or not. The recent events shown in the news carried by WBKO (2010) reported that the legalization of casinos in Kentucky did not pass the legislative session. There are possible reasons for the rejection of the proposal as there are studies that show disadvantages for having Casinos in Kentucky. The probe studies of Anderson and Nevada Council on Problem Gambling show that the proliferation of problem gamblers has negative impact on their lives. Andersen viewed it as a bad social policy because of the large social costs it entails; it makes it harder for problem gamblers to reform, and makes it contributory to social corruption. But Andersen and those concerned in his study are missing the points of the benefits of gambling, and making it appear that it is one of the deadliest sins in the world. For example, Andersen said that the government is â€Å"supposed to be the minister of God, Romans 13†, but its moral stance is compromised when it enters into legalized gambling. However, it could not be discounted that there are also benefits coming from the

Company Law shareholders Case Study Example | Topics and Well Written Essays - 1000 words

Company Law shareholders - Case Study Example Remedies available to Samantha are bringing action section 994 (old459) of the Companies Act meant for Minority Shareholders' petitions against the directors' misrule etc. and also a derivative action. From time immemorial, minority shareholder has been discouraged to take action against the directors on the grounds of company being run on majority concept and on the basis of action if any should be taken only by the Company on the directors and not the shareholder in individual capacity. In Foss v Harbottle1, it was observed by the court that minority should rather take necessary action through the internal forum of company meetings. Wigram VC stated that in view of the majority rule, any unlawful conduct of the directors was capable of being ratified by the majority and that it was not possible for the court to intervene. The only exception to the rule as observed by Jenkins LJ in Edwards v Halliwell(1950)2, could be that the minority shareholder should show that the directors accused of fraud were actually in control of the company rather than merely maintaining that majority could not lawfully ratify the wrong acts of the directors.3 In Ebrahimi v Westbourne Galleries Ltd4, th e minority shareholder Ebrahimi sued on the basis oppression of minority and winding up on just and equitable grounds. The second one was accepted by the court holding that individual's rights should be respected and the rights were not necessarily submerged by the artificial corporate entity context. The minority shareholder Samantha is of the opinion that the purchase of the property of Pastry Products for 450,000 by Filo Ltd is prejudicial to its interests and now she has learnt that both the directors are together holding 44%(each 22%) of shares of that company and the proceeds of the sale of the property have been used for payment of that company's dividends. Regulation 81(a) of Table A of Articles Filo Ltd has adopted, governs removal of directors along with other regulations from 81(b) to (e). Regulation 81(a) says "the office of a director shall be vacated if-(a) he ceases to be a director by virtue of any provision of the Act or he becomes prohibited by law from being a director"5 Besides, a director enjoys immunity as per regulation 118 which indemnifies every director against liability incurred by way of defence to any civil or criminal proceedings in case of judgment or reliefs in his favour. On the other hand a person conducting shareholder litigation has to meet costs from his own sources in case of the derivative claim being rejected by the court. As per the new Act's section 172 which came into force from October 1, 2007, directors must "promote the success of the company for the benefit of the members as a whole"6 as against the earlier parallel provision that they should act "in the best interests" of the company. Government has clarified that "to promote the success" means "long-term increase in value" though this is subject to being confronted by a competing definition from potential litigants. Under Section 175 of the new Act, director has duty to avoid conflict of interests. There should not be a situation involving exploitation of any property, information, or opportunity whether or not they are advantageous to the company. The acquisitioning of the property by Filo Limited from Pastry Products in which both of the directors hold 44% of shares falls under this section. Further it has been stated that

The Innovative Strategies For Samsung Marketing Essay

The Innovative Strategies For Samsung Marketing Essay Samsung has launched a new generation of tablets. This document will explain whether the industry presents the company with an attractive opportunity and what strategic issues and problems merit front burner managerial attention. Concluding with recommendations. Declaration: I hereby declare that this assignment is my own work and has not been submitted for any subject previously. DUE DATE: 19 March 2013 Executive Summary: You have heard about Samsung, one thing that has made you hear a lot about them is their innovation. Samsung Innovation has kept competitors at bay and made them one of the leading manufacturers of electronics and mobile devices. If you have tried or used a Samsung product, you will agree that it is utilizing the strong Samsung Innovation that has been laid emphasis by the company. Samsung has launched a generation of tablets. The question posed is: Does the outlook for the industry present the company with an attractive opportunity? What strategic issues and problems merit front burner managerial attention? In the existing business environment, internal and external, all the businesses irrespective of its size have to face and overcome challenges posed by dynamic external changes, namely technological changes and accelerated globalization. This means it is not innovations per se that matters but innovations which embed within themselves game changing strategies would have to be followed by organizations, creating value could be a necessary condition for the company to survive but not a sufficient condition if they have to compete and win for which they need to change the rules of the game of strategy altogether in a manner that would replace the current ways and methods the businesses have been applying them in creating and appropriating value. In other words, the game changing innovations should not just stop with products and services but summarize within themselves the business processes, business models, and the way a company positions itself in comparison to its competitors. Throug h the principals we have learnt and acquired in strategic management, this paper will analyse the outlook for the industry and whether it presents the company with an attractive opportunity. In addition it will find out what strategic issues and problems merit front burner managerial attention? It is important to analyse the outlook for the industry and whether it presents the company with an attractive opportunity because Information technology is both an enormous industry in itself and the source of dramatic changes in business practices in all other sectors. The sequence of this paper begins by firstly recognising the outlook for the technology industry and IT industry and the description of Samsung. A brief explanation of the strategic issues, internal and external issues faced by Samsung will also be reviewed. Following this is Samsungs innovation which will covers key points such as strategies for Samsung, strategies for Samsung innovation and development of technology platform. Finally, this paper concludes by underlining recommendations for Samsung. Executive Summary 1. The Outlook for the Technology and Information Technology Industry. 1.1. Global perception 1.2. Continental perception 1.3. How South African citizens relate with technology, IT, and Samsung 2. Samsung. 2.1 Description of the company 2.2 Samsung Tablet 2.3 Future Plans 3. Strategic Issues. 3.1. INTERNAL ENVIROMENT 3.1.1. SWOT (environmental) analysis: Strengths and Weaknesses 3.2. EXTERNAL ENVIROMENT 3.2.1. SWOT (environmental) analysis: Opportunities and Threats 3.2.2. Changes in the external environment 3.2.3. Marketing Mix 4. A description of Samsung Innovation and Innovative Strategies for Samsung. 4.1. Two Samsung innovation uncharted innovative strategies 4.2. Future Samsung innovations 4.3. Development of technology platform 4.4. Conclusion on Samsung innovation 5. Recommendations 6. References The Outlook for the Technology and Information Technology Industry: Global perception: Market Analysis: According to the IT market analysis firm Gartner, Gartner, Inc. (NYSE: IT) is the worlds leading information technology research and advisory company. worldwide IT spending grew by more than anticipated in 2010, reaching 5.3%, as opposed to the predicted growth of 3.2%. Given the fragile state of the economic recovery, together with very low growth in most of the advanced markets, the mentioned number gives some grounds for hopefulness that corporate are preparing for higher rates of growth than is currently showing up in GDP figures around the world. In June 2011.The global IT spending will grow by 7.1% over 2010. Gartner sees some slowdown in spending on desktop PCs as big corporate delay refreshing their desktop PC infrastructure, but this is being more than made up for by increased spending on servers, storage, and networks. Even the spend on PCs shows strong growth if one adds in new spending on tablet PCs, a format that is proving extremely popular both with consumers and executives. The growth in global hardware spending in 2011 is predicted to be 11.7%. This is slightly behind the 12.1% growth achieved in 2010, in comparison with what was spent in 2009, but it represents a significant upward revision on Gartners earlier prediction of growth of 9.5% for the hardware segment in 2011. Continental perception: Market Analysis in Africa: Africa is a continent comprised of diverse countries, and each of these countries are developing at a different rate, many of these countries are dynamic emerging economies, some of which are essential states to American national strategic interests, one of which (South Africa) has been identified by the U.S. (Edward S. Marek) More than ever, the web is part of our daily lives. We live in a connected world that allows us to laugh, share, and live on the web. One of the major components of technology is internet. Africa has the lowest internet penetration rate globally. In Sub-Saharan African countries, for internet users the penetration rate is below 7% and for broadband it is under 1%. In Latin America and Caribbean, and East Asia and Pacific countries, the number is about 20% for internet users. North African countries are having a rate of 40.4%. However, even in North Africa the penetration rate for broadband subscribers is merely 2%. In Africa most internets is by low speed dial-up connections which are concentrated in Egypt, Kenya, and South Africa. More rapidly speed broadband connections through Asymmetric Digital Subscriber Lines (ADSL) are mainly found in South Africa, Egypt, Morocco, and Algeria. Africa had the worlds greatest growth in new mobile phones in 2008. Some Sub-Saharan countries had some growth of 40% yet overall penetration rates remain low. There are also important differences between Sub-Saharan countries, with penetration rates in resource rich and resource scarce coastal countries at about 50%, compared 15% in resource scarce closed in countries. How South African citizens relate with technology, IT, and Samsung: Amongst other mobile companies, Samsung continued to govern mobile phones in 2011. Samsung is considered trustworthy by many South Africans. The company has managed to establish itself as the ultimate in style and design. Samsungs target is to dominate the whole South African consumer electronics industry. Based on its trendy designs and innovative products, it has a competitive edge which is difficult to beat. The overall IT spending in South Africa has increased by 7.1% year-on-year during 2011 reaching a total of more than R111.6 billion, according to the latest figures from market analytics company IDC (International Data Corporation). The growth in IT services spending was determined by a recovering economy, increased business confidence, expanding bandwidth availability, and different infrastructure investments made in the country in 2010. In a recent research report, IDC cited that IT outsourcing constituted around 40% of the South African IT services market, which represents the largest market share of all IT services foundation markets. The 2012-2016 South Africa IT market compound annual growth rate is projected to be in the region of 13%, as a number of Major IT infrastructure projects generate spending at provincial levels. A projected improvement in South Africas broadband infrastructure and international bandwidth will also be an important market growth driver and will help drive demand for cloud computing solutions. Samsung: 2.1 Description of the company: Samsung Electronics Co., Ltd is an international leader in digital media and digital convergence technologies; Samsung is the globes largest company having the highest brand value. Samsung is functioning in more than 50 countries in the world. Their global strategy involves eight main regions Southeast Asia, Central Asia, Africa, and Middle East, China, North America, Europe and Latin America. Samsungs headquarters are in Seoul, South Korea. Strategy is long term planning to get the goals. It is a roadmap of future actions. After market researching the global market, Samsung gets plenty of feedback from its customer and employees. Samsung needs to advance its products promotional activities, customer service and online business since it is very important to satisfy its customers. Samsung strategic growth plan aims to fulfil the needs and wants of customers, expectations of employees and all other stakeholders. It requires focusing all its resources on increasing technological innovation and market share growth but the industrys infrastructure and labour skills at that moment were too unfavourable for Samsung to accomplish these and become competitive in the world market. In order to attain this, Samsung reinvented itself by primarily keeping on tract with its customers needs and wants. 2.2 Samsung Tablet: Samsung Mobile is one of the five units within the Korean Samsung Electronics. It is the second largest phone manufacturer and one of the largest technology companies by sales in the world, producing different devices including phones, TVs, cameras, computers, stereo systems, etc. The below information has been extracted from an article that was written based on Samsung Africa Forum 2013. Samsung Electronics announced the launch of the worlds first 8 inch tablet, the GALAXY Note 8.0. The whole of section 2.2 has been quoted due to technical terms. 2.2.1. A smart diary for life on the go Slim and compact enough to become the perfect on-the-go work and play companion, the GALAXY Note 8.0 brings powerful performance and functionality to support even the most demanding of lifestyles. Designed to store and manage your personal and professional data efficiently, this new era device gives users the perfect pocket-sized hands-on organisational tool and as a result, is ideal as a Bring Your Own Device (BYOD) tool to use in the workplace. Practical S Note templates and S Planner feature help to manage everyday tasks, including meeting notes, to-do lists, and even personal diary entries. All content can be entered and updated with the finest of detail. (Staff writer: Wed, Mar 13th, 2013) 2.2.2. New content and services GALAXY Note 8.0 is packed with pre-loaded content and apps specifically for the mass multimedia, value-maximising, consumer. Upgraded Chat-On provides easy instant messaging and group chatting in multiple formats images, video, voice, contacts for simple, enjoyable communication. Awesome Note, an integrated application that is introduced in android tablet for the first time with NOTE 8.0, is capable of near-unlimited note-taking uses including Memo, Diary, and Must-remember lists. With Flip board, youre RSS, social network and other feeds come together in one stylish, flip-able format so you can enjoy all your news and lifes great moments in one place. Flip board developed a customised version of its application exclusively for Samsungs Note 8.0 that allows users to take the S Pens hover feature and preview article headers beneath Flip boards main screen tiles. Finally, Smart Remote gives you a universal remote control and electronic programming guide allowing you to manage TV and video watching seamlessly. (Staff writer: Wed, Mar 13th, 2013) A new age of S Pen intelligence Optimised to aid personalised creativity, the Samsung S Pen has evolved to increase everyday usability and enhance creation expression. Embedded within the tablet, the S Pen is an extension of the GALAXY Note 8.0. Removing the S Pen from the device will automatically launch innovative features such as Pen Detection that will suggest adapted menus that it thinks youll need and Page Buddy, a feature that will intuitively activate your most recently adapted S Note home screen. (Staff writer: Wed, Mar 13th, 2013) S Pen technology is now so advanced that it doesnt even have to touch the screen. With Air View, the S Pen needs only to hover over the screen to see previews of videos, emails, photos, and appointments on S Planner without opening the file or application in full. S Pen Gesture allows images and content to be easily edited and cropped, whilst Paper Artist and Photo Note allow photos to be artistically personalised. (Staff writer: Wed, Mar 13th, 2013) Maximising mass multimedia consumption Creative multi-tasking with the GALAXY Note 8.0 is effortless due to innovative Dual View feature, two multi- window options that seamlessly allow you to facilitate multi-screen usage. Dual Views split screen accommodates optimal operation of different apps, such as launching the S Note on the web browser screen and allowing content to be resized, dragged and dropped as required. Multi-tasking is extended to phone calls*. Pop Up Note allows you to access S Note at any time to keep track of key actions and Pop Up Video ensures you can keep surfing the web whilst chatting content windows can be easily resized by pinching to enlarge or reduce. (Staff writer: Wed, Mar 13th, 2013) Perfect info-attainment partner Packed with features to engage, entertain, and excite, the GALAXY Note 8.0 supports your everyday needs in a practical way. Reading Mode transforms the GALAXY Note 8.0 into an e-Book reader, provides the optimal reading conditions to ensure you can curl up and enjoy a good book. You can even turn it into a universal remote control with Smart Remote, to seamlessly manage TVs, set-top boxes, DVD Blu-ray players. (Staff writer: Wed, Mar 13th, 2013) 2.3 Future Plans: Samsung Electronics Co., Ltd., the world leader in advanced memory technology, announced on the 05 April that it is now mass producing Ultra High Speed-1 (UHS-1) interface micro SD cards that support the highest performance levels required on advanced LTE (Long Term Evolution) smart phones and tablets. (Seoul, Korea on Apr. 5. 2012) In the future, Samsung plans to expand its micro SD card offerings with higher density solutions that reinforce its position as the leading market innovator for NAND flash. Strategic Issues: 3.1. INTERNAL ENVIROMENT: 3.1.1. SWOT (environmental) analysis: Strengths and Weaknesses Swot analysis is the most important and first stage of planning. It is a feedback mechanism to make new strategies for any company. Strengths, Weaknesses, Opportunities and Threats are the four components of a swot analysis. Weaknesses and Strengths are correlated and examine the internal part of the business analysis whereas Opportunities and Threats deal with the external environment of business operation. Samsungs electronic strengths are: A strong global brand. It is the leading consumers electronics brand in the world. The Quality is good .They assure the same quality and range worldwide. Its vision is leading the digital convergence resolutions. It means they want to be the leader of the electronic items worldwide in order to get the goodwill as well. They have a strong concept. They are offering good design , good quality as well medium prices They have diversified products. Samsungs products has based on variety. It means they manufacture same items in diverse ways for the diverse kind of people for diverse countries. Technology. Voice call is clear and reckoned by customers as having a good value for their money; and the design of Samsungs electronics technology is very high. We can order right quality at the right price. Good reputation among customers. Samsung claims that it has well-established brand equity, and has performed extremely well since the past decade particularly from 2000 onwards. A range of innovative products with value-added features and functionalities have been launched by Samsung which have been very successful. The company strongly believes in playing to its strengths. (Samsung Group Timeline and History 2007). The senior management (2007) claims that the company has a diversified and talented human and intellectual capital. The executives pride themselves in having such capable employees and are confident that the workforce as well as the strategic partners including distributors, dealers, marketing and advertising agencies round the world would help Samsung Group, particularly the Samsung Mobile business segment, reach the rank of a global leader in electronics and telecommunication goods and devices. (Samsung Group Timeline and History 2007). Weaknesses for Samsung are: The global scale of Samsungs operation indicates that it has severe implication on its management system. To control a business in just one location is easy but for a worldwide operation is complicated and could be challenging. Base on the double digit decrease of its operating profit against the previous year, it indicates that its operating cost had also increased by more than 20%. Its operation had not been efficient enough to produce good profits. Samsung as a South Korean company is reckoned by most customer as only next to any Japanese firm since Japan is always considered as a high tech country in the world. Although companies strive to penetrate new markets, its concentration remains more on a few countries in Europe and North America. Samsung mobile focuses more Kingdom and United States compared to other countries. Although the diversified workforce is an asset to the company, many cultural and linguistic differences arise which lead to group conflicts and interpersonal grudges. Communication between individuals belonging to different nations may not be as efficient as between those who share the same culture and social background. The business is heavily investing into development of newer markets and segments. It wants to capture as many markets as possible in a smaller span of time. However, instead of taking thoughtful and careful steps in order to reach the global position it desires, Samsung is seems to be in a hurry to launch new products, segments and marketing campaigns. 3.2. EXTERNAL ENVIROMENT: 3.2.1. SWOT (environmental) analysis: Opportunities and Threats Opportunities A business uses its strengths to take advantage of the opportunities that arise, opportunities for Samsung are: Increases mobile and computer market Global growth. Entrance of new technologies A strong customer demand and good design. There is an increasing need of faster, dependable, and easy communication. Samsung sees a great opportunity in this. The technologies are advancing at a fast pace. The business, by gaining a deep insight into consumer preferences and needs, can develop products according to what the market needs and desires. Samsung Mobile has plenty opportunities to cease particularly with the rise in global population and the need for rapid communication. (EFFIE/ The Best Brand 2006). Threats If any company is aware of possible external threats, it can be addressed by generating new ideas to counter it or can use a particular strength to defend against threats in the market. The threats on Samsung are as follows: Changing social trends: It is trying to build on line help to guide customer to a more comfortable life. The online business and website promotion entails cost and any change introduces needs getting better staff competencies by training. Strong competition: Samsung faces strong competition from the other Korean company such as LG, KTF, SK aside from its foreign competitors like Sony Panasonic. Smart phones are easier to make now more than ever. New entrance in the market, more companies may enter the market, and competitors or even Samsung contractors can scheme around patents to create similar devices. Samsung has linked product lines; this means that if one product line fails due to its own reasons other product lines will also experience the same failure. Unlike Samsung, their competitors like Nokia has only paid attention in one segment and put much effort on it. Besides, the products made from China was very economic so Samsung could have a high competitive with their products. Retail chains like Big bazaar sell consumer electronics and home appliance in low cost strategy which produced in bulks foreign market. Therefore Samsung is also facing threats from many other low cost companies. New regulations and increased trade barrier. 3.2.2. Changes in the external environment External Environment: The external environment of an organization is those factors outside the company that affect the companys ability to function. Some external factors can be manipulated by company marketing, while other factors require the organization to make adjustments. Court Battles all Across the World One of the components of Samsungs external environment is their competitors. Competitors have a significant effect on how they do business and how they strategically address their target market. Apple has decided to take on the competition, Samsung directly in the same target market. The UK isnt the only place where Apple and Samsung lawyers are fighting. Apple and Samsung are fighting this fight across the world in nearly every country where Apple products are sold. Apple is tired of Samsung creating products that are very similar to what Apple puts out. Apple has won some of these battles while Samsung continues to pick up speed. Samsung has no control over this, as this is the market environment, what the company can really do is to adapt to the situation and fight the best way the knowhow. Any kind of company scandal can be damaging to the companys image. The public perception of Samsung can hurt sales its negative, or it can boost sales with positive company news. Samsung can influence public opinion by using public relations professionals to release strategic information, but it is also important for Samsung to monitor public opinion to try and defuse potential issues before they start to spread. The ultimate question is: did Samsung copy Apple or did Samsung simply come up with its own products that just so happen to look like Apples? Its tough to say which company came out with the concept of an iPad-like tablet first. Marketing mix of Samsung The marketing mix is one of the tools available to businesses to gain the reaction to its target market in relation to its marketing objectives .Marketing mix is the combination of 7ps. This includes price, place, promotion, product, people, process, and physical evidence. Its manufactures a range of designs which is directly concern to customer satisfaction. Samsung has high quality, capitalizes on packing branding, and having adequate warranties. Samsung technology is high and of good value. Samsung product electronic goods such as TVS, Computer, notebook, washing machine, microwave etc and the latest product is the tablet. Samsungs pricing strategy is neither high nor low; this means that the prices are affordable. Samsung offers schemes for all new products, during festive seasons, new years, when a new product is launched and on its anniversary, which helps to stimulated psychologically to customer. Samsung elucidates its vision as well as mission of marketing strategy by the following clarifications of 4 ps. Product: Samsungs product range worldwide included CTVs, audio and video products. IT products, mobile phones, and home appliances are Samsungs chief products. Samsungs product range covers all the categories in the consumer electronics and home appliances. Place: Samsung brands have 25 production base worldwide and more than fifty sales subsidiaries in about 50 countries, and their global strategy involves eight main regions. Samsung also sells its product through independent retailers. Customers can see and handle products they are taking into consideration of buying. Price: Pricing also seemed to have played an important role in Samsungs success. Samsung offers different pricing structures to reach out to different customers groups. The price plans are available on a monthly basis and a prepaid option. Promotion: Samsung advertises on TV, in magazines and in other media outlets; through this type of advertising they reach large audiences and spreads the brand image and the message very effectively. This is also known as above the line promotion. There is also the below the line promotion; every store has special offers, promotions, and posters showing sales offers to attract customers inside the store to buy. A description of Samsung Innovation and Innovative Strategies for Samsung: A description of Samsung Innovation and two innovative strategies for Samsung The innovations recommended here are ones that are diverse in the sense they are not preoccupied with short-term oriented competitive victories but they are focused on the long term oriented competitive advantage. It chalks out a new future for the company based on integrating intelligence instead of separating it out through diverse learning where in the ultimate, the output would be innovations. This paper assumes that Samsungs focal point would be more and more into the Information Technology and Communications (ICT) oriented business and consequently accords the highest priority to technology driven innovations. By the same token, it is also presumed the company would focus on deriving the most advantage from the emerging Internet opportunities. Two Samsung innovation uncharted innovative strategies The first innovative strategy this paper suggests focuses towards the expansion of software that would integrate the Smartphone with mobile payment system (e-wallet) which has implications far beyond from the way the current mobile payment system is functioning. In other words, the scope and opportunities in this area has not been exploited even by the stakeholders involved in the industry. The second relates to the development of a technology platform that would include the current and potential requirements of smart phones. Future Samsung innovations Central to the growth of any economy is a monetized system that makes business transactions and personal transactions competent, quick, and timely. With the technology advancing such a rapid phase, electronic payments in the next few years have the potential to replace in a considerable manner the legacy payments. But for that to happen, the stakeholders in the industry would have to understand the driving forces in the market for electronic payments. Even though at this time there are many solutions which are available that supports connecting bank credit/debit card accounts to on-time practical transactions, yet they suffer from the limitation of not changing the underlying value proposition which is the convenience to customers. Such a value proposition can not only be created but also appropriated only if the current limitations of smart phones as a tool for mobile payment are removed through development of software that could facilitate the contactless payment system. Currently the technology is limited to business-consumer segments, but, it offers scope for development of an assortment of payment system. If Samsung focuses into such an area as its innovative strategy by using the fame of its smart phones and user friendly software, it would ease its capturing and appropriating value proposition in the form of a different competitive strategy. Development of technology platform Before the introduction of smart phones, the mobile telephone and Internet were operating as two un-related entities, with its introduction what the customers today have is the mobile internet which has been made possible with the merging of smart phones and the Internet. For many of those organizations of which Samsung is one who are involved in the manufacture of computers systems, mobile telephony and personal digital assistant devices (PDAs), utilizing the potential offered by the smart phone industry and capturing the value they have created is considered to be a key to future expansion and profits. The value proposition that I am discussing is not just on the use of existing operating system as Android or what Samsung has developed in its own stable, the headlines that Samsung has imitated Apple by taking over its sales in the smartphone segment in July-September, 2011 quarter has not highlighted yet another aspect that can go against the company in the long term. It has to do with the operating system (OS). This may have created value for Samsung in the short term but it fails to address a critical issue for the future. Samsung does not have a strategy so far to capture the lock-in value of the customers and if it has to confine the value created by it, it should address this issue as its another innovative strategy. In this context to capture the value by locking-in the customers, Samsung has to focus on creation a technology platform for the present and future mobile devices. The winners in the technological competition are the ones who have not only the best platform strategy but also the best ecosystems to back it up. This makes it clear that if Samsung has to win over in the smart phone industry with a completive edge by capturing value and appropriate it in the form of revenues, innovating a technology platform should constitute its second strategy. 4.4. Conclusion on Samsung innovation This section of the paper has not only through its logical analysis has not only proved it but also identified two new innovative strategies which the company would have to take up to secure its place as a future driven company. This section has allowed you to agree that Samsung Innovation is real and they have brought up very innovative products and concepts to the market. The Samsung Innovation has made them compete with companies like Apple and larger companies . In electronics, they have also done well. Recommendations Samsung is one of the famous global companies (www.samsung.com) it has manufactured electronics goods and other concrete goods. Samsung is a well known brand because of its service, excellent employees, and Innovative reliable product. They have responsible approach to business and global citizenship and globalisation with partners and customers. Samsung t