Child Labor During The Industrial Revolution Essays - Business

Child Labor During The Industrial Revolution Child Labor During the Industrial Revolution Many families were so poor during the Industrial Revolution time period that they had to send their children to work also. Women and children made very low wages compared to men. Child labor was at its peak during this time. The youngest children in the textile factories were usually employed as scavengers and piecers. Children at the age of five and six would work sometimes up to eighteen hours a day under dangerous conditions at factories. Scavengers Scavengers had to pick up the loose cotton from under the machinery. This was extremely dangerous as the children were expected to carry out the task while the machine was still working. They would also would have to take a brush and sweep under the wheels. The younger children were very terrified of the whirling motion of the machines and the loud noises. They were often very jerky and were injured frequently. The children would inhale dust and fumes from under the machine which half suffocated them. Their backs constantly ached from bending over all day, but if they ever tried to rest of sit down they were severely beaten and whipped. Peicers The peicers, either boys or girls, walk along the machine as it moves back and forth, catching up the broken threads and skillfully putting them back together. They also would have to clean oil and dust from under the machines. These children were constantly in motion. The quickness of the machines gave them no time to stop and rest even for a few seconds. Children who were late for work were severely punished. They would also have money deducted from their wages. Time-keeping was also a problem for families who could not afford to buy a clock. In most factories workers weren't allowed to wear watches. This is how they kept their workers for such long hours and giving them such little wages. Most workers arrived at 5:00 A.M. and didn't leave until 10:00 P.M. The masters would often put the clock forward in the morning and back at night. Though this was known, many were afraid to say anything for fear of punishment. History Essays

Comparison of Eisenhower, Johnson and Kennedy essays

Comparison of Eisenhower, Johnson and Kennedy essays Dwight Eisenhower demonstrated the least amount of leadership when it came to civil rights. He did appoint Earl Warren as Chief Justice and did not support the decision and believed that changing the law could not change the hearts of men. (Davidson 1146) He is probably remembered most for his support of Orval Faubus in the Little Rock Central High crisis. Eisenhower was forced to call in the National Guard to control the angry John Kennedy appointed several African Americans to federal courts but many of his hopes for civil rights were never achieved. After trying to settle an integration issue at the University of Mississippi by appealing to people, Kennedy had to send in federal troops to settle the rioting. However, by then two individuals had been killed. Things became more complicated with Martin Luther King defended civil disobedience. (1169) When King announced a march on Washington, Kennedy tried to dissuade him from it. When that proved impossible, Kennedy "made the march his own" (1170). His support did win him favor among African Americans but at the same time it distanced Kennedy from southern whites and other races in the north. Kennedy was in Dallas rallying support from southerners when he was Lyndon Johnson was the most successful when it came to legislation concerning civil rights. He was responsible for passing the Civil Right's Act of 1964, which prohibited discrimination in public places. This bill has been noted as one of the greatest moments in the history of American reform. (1171). In 1965, he sent the National Guard to protect a group of demonstrators who were gathered to walk from Selena to Montgomery, Alabama with Martin Luther King. In addition, the Voting Rights Act was passed in ...

Mining of Diamond in Sierra Leone Essay Example | Topics and Well Written Essays - 1000 words

Mining of Diamond in Sierra Leone - Essay Example The latter deposits are easily accessible as they are mostly found along the Coastal areas. Even mining them does not require a large input of resources i.e. a shovel and pan. However, the other type of ore requires a large input of technology such ass hydraulic trucks. The largest percentage of diamonds in the world comes from alluvial deposits while a small percentage comes from kimberlite deposits. (Oomsa, 2002) There are a number of parties that were involved in the diamond trade in Sierra Leone. The first one was De Beers Company which began in the early twentieth century. They were not the only group interested in diamond trade at that time. Some Lebanese traders used to smuggle diamonds from Sierra Leone to Liberia. The country's government has played a major role in perpetrating these conflicts surrounding diamonds. After the country gained its independence, a law was passed that allowed independent local miners to obtain licenses. This fueled illegal diamond trade. To make matters worse, the Sierra Leone kept getting inadequate leaders. One such leader was Prime Minister Steven. He gave himself mining rights and allowed a lot of illegal trade just to popularize his name. This occurred in the late 1960s. He was the one who perpetrated the end of De Beers Company and his ally Mohamed bought shares from De Beers (it had decided to stop involving itself in Sierra Leone). As the country approached the end of the century the government kept being more and more corrupt thus allowing plenty of foreigners to participate in this illegal trade. After the reign of Prime Minister Steve, another leader took over called Momoh. During the 90's, Sierra Leone started a civil war. This was as a result of unrest among citizens who felt that their needs were not being met by the current government. Profits from diamond trade were simply going to a few powerful individuals. A rebel movement called the Revolutionary United Front (RUF) began its activities in the year 1991. It claimed that it was fighting for the rights of the common man by asking for equitable distribution of profits earned from the diamond trade. This group of rebels obtained resources for acquiring firearms through diamond smuggling. This meant that illegal trade kept getting worse and worse. (Janine, 2006) There are a number of human rights that were violated by the ongoing civil war in Sierra Leone it lasted for nine years. The rebels took away the right to life because a numerous number of individuals were killed through the dreaded RUF rebel group. About seventy five thousand people were killed through this war. They wanted to instill fear among the locals so that they could yield to their commands. RUF also wanted to illustrate that the government of the day was powerless and couldn't even protect its people. The war surrounding diamond trade also caused immense suffering among the locals. Some of them were mutilated and their body parts were placed in bags. This was done by most of the rebel soldiers. Women and children were not spared as many were tortured, raped, and taken as captives to work as sex slaves. A number of these women contracted sexually transmitted infections or bore illegitimate children. (Lansana, 2006) The conflict disempowered most members of the community because they could not be able to fend for themselves after loss of their limbs. Most of

Financial Report for Balance Plc Essay Example | Topics and Well Written Essays - 1250 words

Financial Report for Balance Plc - Essay Example Guidelines are provided on how certain items of fixed assets should be accounted for, the components of cost are considered, a review of the useful life of a machine, the treatment of buildings bought for business use and buildings bought for investment purposes. Introduction The method of accounting for property plant and equipment sometimes poses a problem due to uncertainties about what should be included as part of cost and what should not be included. There are different methods of accounting for changes in the life of property, plant and equipment. However, the method chosen depends on the type of asset and whether it is specific to a particular entity. Accounting for investment property also has some technicalities in terms of when the fair value model should be considered and what constitutes an investment property. Cost of acquisition and treatment in the accounts The standard which applies to property, plant and equipment generally is IAS 16 – Property, Plant and Equ ipment. This standard was last revised in 2012 and considers among other things definitions, measurement, disclosures, valuation, and components of costs (Deloitte 2012). BPP (2009) provides a list of the items that should be included in the cost of property, plant and equipment are: i. Purchase price after deducting trade discounts and rebates; ii. Customs duties paid for importation of the item as well as other purchase taxes that are not refundable; iii. Direct costs that can be attributed to bringing the asset to working condition for its intended use including, costs of handling and delivery in the initial stages, installation, testing, site preparation, and professional fees; The standard also indicates costs that should not be included such as administration and general overheads; any losses incurred in the initial stages before the asset attains the level of planned performance; and start-up costs or any other cost incurred prior to the commencement of its use to produce goo ds and services (Melville 2011). It therefore means that the cost provided for Machine A should be revised as shown in Table 1 (See Appendix1). Table 1 shows the calculation of the cost of Machine A. The service contracts to June 2015 of ?57,000 represent prepaid expense for servicing the Machine A over the next three years and should be expensed over the period. Therefore, the relevant cost to be included in the accounts is ?943,000. The IFRS was amended based on discussions on matters that came to the attention of the standard setting body – the International Accounting Standards Board (IASB) between 2009 and 2011. If the spare parts conforms to the definition of property, plant and equipment given in IAS 16 then it should be included. IFRS (2012a) defines property, plant and equipment are tangible items that are held for use in the manufacture of goods and services, for rental or for own business purpose and are expected to be used in excess of a 12 month period. The calcu lation in Table 1 assumes that the spare parts meet that definition. However, if it does not then it should be expensed and the cost of Machine A would be reduced to ?937,300. Additionally, if the amount of ?5,700 is considered immaterial then it should be

Professional development plan for a teacher Assignment

Professional development plan for a teacher - Assignment Example This research will begin with the statement that teaching is a complex profession that needs teachers to incorporate both the technological innovation and the art of their art in order to impact studies. However, the people involved in the profession like teachers at times fail to see the complexity hence implemented; the arts have little or no effect. Therefore, technological innovation of teaching demands to know studying theory and how the brain functions. The art of teaching needs teachers to synthesize content, procedure, products, and environmental resources to create engaging studying actions that enhance the success of diverse students. Moreover, teachers must perfect the art and technological innovation of teaching in a world that is recognized by rapid change increased social variety and significant progression and application of information. Such a world needs educational institutions to enhance what is certified, how it is certified, the stage to which students know what is certified, and the components required to coming back up studying among employees and students. According to Sousa & Tomlinson, the Professional Growth and Performance Plan explain a procedure that awards differences among teachers, encourages beneficial change, and provides concrete support for enhancing studying and teaching. Teachers and administrators perform together to evaluation performance on requirements, talk about ways to enhance studying and teaching, and identify professional growth goals... Purpose five and the actions particular that support this goal has been designed for those educators who’s Expert Growth Activities/Plans involves helping other teachers develop professionally (Sousa & Tomlinson, 2011). Some of the places my goals will concentrate on include: 1. Mindset, learning environment and differentiation 2. Curriculum and differentiation 3. Assessment and differentiation 4. Student readiness and differentiation 5. Student interest and differentiation 6. Student learning profile and differentiation 7. Managing a differentiated classroom The general activities I will engage in to realize my goals and develop professionally include: 1. I will enhance my teaching abilities to be able to better support special needs students by staying current with new educational methods through professional development in-services, classes and alternatives. 2. I will support and help teacher entry season teachers to help them become effective unique information teachers by guidance and referring to my information, teaching methods and components used dealing with special needs students. 3. I will obtain the information required to gather information, create components and put into place personalized studying /behavior programs that are appropriate for personal autistic children by dealing with the school system autism specialist and by getting element autism classes. 4. I will enhance my abilities in teaching students so they can enhance higher student studying by getting my Experts Degree in Curriculum Development. 5. I will obtain several methods to enhance and indicate upon my group place teaching to be able to become a

The Tourism Planning Discussion Paper Tourism Essay

The Tourism Planning Discussion Paper Tourism Essay Tourism is one of many human activities in a community or region, and has the idea as a private and public sector activity and especially as an area of government intervention that requires planning and coordination. On the one hand, tourism is also one many activities in an area that must be considered as part of economic, physical, environmental, and social planning. Thereby, it is very important in ensuring that the tourism industry can thrive and develop by trying to maximize all these valuable aspects and to develop comprehensive tourism planning at a community or region. This discussion paper will be mainly discussing about the different approaches to tourism planning and the tourism planning framework for the development of tourism in the destination region of the Central Highlands of the Island. The overall framework in this paper consists of the appropriate steps to be taken in the planning process and in a way to achieve successful planning and development in the destinatio n region, the guiding principles in the planning, and several issues to be considered in the planning. 2.0 Critical review of approaches to tourism planning Based on Getz (1987) there are four different approaches of tourism planning at the destination level can be recognized according to the values that support the planning or policy activity include boosterism, economic, physical/spatial, and community-oriented that emphasizes the role the destination community plays in the tourism development and experience. Then to these four approaches, Hall (1998) added an additional approach of sustainable planning. Each of tourism planning approach differs in its underlying assumptions about planning, and their strengths and weakness that play in the tourism development. The following describes the strengths and weaknesses for each approach. 2.1 Boosterism Boosterism is one of the tourism planning approaches that have attitude towards tourism development which is inherently good and will provide benefit to the hosts destination. This approach also characterized as being part of an attitude to the development of growth is good and any negative impact of tourism development will be dominated by positive benefits. From this approach perspective the primary planning problem is one of how to attract as many people as possible to a given location or destination. Boosterism approach however, doesnt take into account or involves their host community in the decision making process, planning and policy process surrounding the tourism developments. Yet it is still being adopted by governments and politicians to promote tourism growth, regional economic diversification and employment creation. This attitude approach towards tourism development is seen as to give benefits to the host destination and community which can bring higher living standards to a destination and improves quality of life of the people especially in the developing countries. Tourism development could improves quality of life ,as it supports the creation of community facilities and services, through the provision of better or upgraded infrastructure, facilities, services, transport, health, better quality of commodities and food. The indirect benefit of tourism development will also increase job opportunities towards the whole community and at the same time boost up the countrys economy. However on the other hand, since this approach does not involved residents of the tourist destinations in the tourism development plan and policy, and decision making process, thus there will be lack of public or community participation in the local tourism development. The tourism development tend to benefit more on th e government instead of the local community because the community has no power to make their own decisions in the tourism planning and therefore it will not encourage them to participate and does not allow them to share tourism benefits with the wider community. 2.2 Economic The second approach of tourism planning is the economic (industry-oriented approach). It is an approach that aims to promote economic growth and development in a destination, as well apply the use of marketing and promotion to attract visitors. The economic approach emphasizes more on the economic impacts of tourism and the most efficient and effective use of tourism to create income and employment benefits for the regions, communities, and countries as a whole. The main strengths of this planning approach are as it is mainly focuses on the economic impacts of tourism, it believes that tourism development is becomes a key driver of economic growth or will boost the countrys economy through the creation of employment, generation of foreign exchange earnings, contribution of government revenues, stimulation or improvement of infrastructure investment, and the create contribution to the local economy. Yet there are some weaknesses from this approach which it doesnt take into account env ironmental concerns and social issues which means there is limited attention is given towards the environmental and social impacts brought about by tourism. Another weakness would be the high satisfaction of tourists result from tourism development and the positive attitudes towards tourists in host communities are unknown. 2.3 Physical/Spatial The physical/ spatial approach to tourism planning considers tourism as a form of land use to be managed using spatial strategies and regarded as having an ecological base with a resultant need for development to be based upon certain spatial patterns, capacities or thresholds that would minimize the negative impacts of tourism on the physical environment. The key planning approaches from this perspective include carrying capacity, hazard and risk assessment, resource and landscape evaluation, resource appraisal and allocation, decision making and evaluation and the development of appropriate institutional arrangements. While the main point of this approach is to control and maintain the capacities, land use and the number of physical infrastructure being built for tourism, so it wont exceeds the environmental and social carrying capacities of the destination. As a result, it will help to minimize the negative environmental impacts resulting from tourism development. Besides, a well planned physical destination with structured design and layout would also attract visitors to visit a destination as it can provide a good and open space for tourists. Other strengths would be the increase protection towards the environment due to the less land being use and it keep the sustainability of tourism. The weakness of this approach is if the number of infrastructure, buildings, and capacities are being controlled, thus economically the destination unable to maximize their profit from the result the inability to fulfill the high demand of tourism to build more attractions. Limited attention is also given to social and cultural attributes of the destination. 2.4 Community Community tourism planning approach is focuses on the social and political context within which tourism occurs and it advocates greater local community control over the development process. Under this approach, community is considered as the focal point or actor that encourages the development process of the tourism and seeks for public participation in a destination in order to enhance their economic livelihoods while protecting their cultural values, and preserving the natural environment. Community planning approach which implies a high degree of public participation in tourism planning process, highly involved the community in the decision making and planning process, as well as in the sharing of tourism benefits and in the sharing of tourism profits with the wider community. Therefore, the main strengths of this community based approach in terms of its benefits, will likely to create and increased employment opportunities available to the locals as more community being involved in the process while it also contributes positively in the improvement on household income and general quality of life through the extent of contribution vary from one aspect to another. Moreover, public participation is also to design tourism development in such a way that it is intended to benefit the local community and to encourage them to participate in their own development through mobilizing their own resources, defining their needs and making own decisions about how to meet them. Then if the government is being supportive and let the community to take a large part of the decision making for tourism, there will less conflict arises between the government and community, and if problem arises the community would be able to make decisions and solve it on their own. Bringing educational elements towards the whole community is also one of the strength of community approach. The locals likely to be educated and trained in order to improve their knowledge about tourism and as a results it will help them to recognize and conserve their local culture, natural resource values, and creating a good image about the destination. Tourists who come from different parts of the world will also encourage the locals to interact and provide cultural exchange between hosts and tourists, at the same time it also gives the opportunities for the locals to learn foreign language and lead to a better understanding of cultural differences and build tolerant attitude towards foreigners. On the other hand, there are weaknesses of this approach in terms of the barriers or the difficulties in implementing a community approach to tourism planning in tourist destination. The major difficulties or barriers to incorporating public participation in tourism planning can include the lack of financial and human resources in the tourism sector especially in the developing country. Resources at the local level may not enough to finance the present scale of tourism development and therefore it will lead to discourage community participation in the tourism planning. Then generally the public may have difficulty in understanding complex and technical planning issues, not always aware the decision making process, and the difficulty in maintaining representativeness in the decision making process due to the lack of knowledge, experiences and possible conflicts that may arise between cultures. In addition, there is also need for the government to be able to manage the involvement of t he community that aims to achieve the desired result however it does not give the impression to the community of being control by the government. Power should also be distributed evenly within a community so that some groups or individuals will not have the ability exert greater influence over the planning process than others. 2.5 Sustainable The sustainable approach towards tourism is an integrative form of tourism planning which brings together economic, environmental (physical/spatial), and socio-cultural (community) planning methods. This approach seeks to provide lasting and secure livelihoods which minimize depletion of resources, environmental degradation, cultural disturbance and social instability. It also concern about both inter and intra-generational equity which in sustainable development it means that we should not only concerned with the maintenance of environmental capital (Jacobs, 1991) but also the maintenance and enhancement of social capital (Healey, 1997). The main strengths of sustainable approach are include long term protection of environment resources since it focuses on tourism development which try to avoids damage on the environment, economy, and cultures of a tourist destination as well as provides positive experience for host community tourism industry and the tourist itself. As a result of t hese, it will also lead to the preservation of essential ecological processes, give beneficial and opportunities for future generation ability to use the resources and enjoy the same situation as now, protection of human heritage and biodiversity, improve economic benefits to support sustainable tourism, and it also benefit the communities by providing more employment opportunities and the improvement of standard of living. The weaknesses of this sustainable approach are include the overprotecting the resources will result that the tourists unable to enjoy or being satisfied with the overall tourism experiences, for instance tourists might have high expectation when they travel to the tourism site, yet they are not allowed to connect to the environment thus their perception will be lower because it doesnt meet their high expectation, and become very unsatisfied. Besides, by adopting sustainable tourism approach could also create conflict between public and private sectors in terms of having different views and perspective on sustainable planning. Public sector might want to save and maintain the environment while private sector wants to gain more economic benefit in having less concern on sustainable tourism benefits. Sustainable tourism approach could also be difficult to achieve and has been often criticized for its contradictory goals that never achieved, as it requires cooperation and coordination b etween industry and the manager of destinations, and the needs to build consumer and producer awareness. 3.0 A review of the main issues or challenges that tourism planners face As millions more people travel and to seek for personal rewards from their experiences, the massive development of tourism resources is the consequences (Gunn, 2002). The various activities that tourists engage in a tourism destination are important and expanding aspect of the tourist industry in which it creates huge development for tourism in a destination and provides tourism benefits in many ways. Thus, it is now recognized that planning is necessary for tourism to develop, to be managed in a controlled, integrated, and sustainable manner in such a ways that would lead to enhancing the benefits derived from tourism. By using this planned approach to design of all tourism development, it allows tourism to generate economic, social, and environmental benefits to the host community and any negative impacts results from tourism can be minimized. Moreover, planning for tourism can be a challenge regarding to the several main issues, complication or challenge that tourism planner may face in trying to plan tourism. Besides, due to the rapid growth and complication nature of tourism have made it difficult for planners to apply even the most fundamental of research findings and recommendations for improved tourism. Based on Claire A. Gunn (2004) described the prospects for tourism planning in term of the key issues and concerns in the field of tourism planning in which the issues include the poor understanding of the need for planning, the lack of systems planning, poor organizational integration, and lack of tourism literacy. The first issue of poor understanding of the need for planning refers to the unclear understanding or different assumptions on tourism planning that seen as the unncecessary interference in market driven development. Investors and developers might seen a opportunity to build various kinds of attractions or tourism related places in the destination to increase tourism development. Then tourism promoters usually belief that all development is positive by bringing better employment and economic benefits and continually to attract tourists. However, this merely a half truth even though tourism development can provide economic benefit but the undestanding on plannning doesnt take into account that tourism growth also create negative impacts in which it creates more demand for new investment to build more attractions as a result may lead to increased in pollution, and destroyed natural landscape. The high volume of visitor in the destination could also have reduce the local quality of life , and forcing long time residents to move. Hence, these issues requires new plannig techniques and planners must cope with the constantly changing environment results from tourism growth. The second issue is the lack of system planning. Most tourism planners have modeled the fuctioning tourism system which have two main drivers of tourism consist of a demand and a supply side. The five supply side major components include transportation, attractions, services, information, and promotion. They are all interdependent which subject to travel demand and require planning that relates to market trends as well as to physical characteristics of land and resources. The supply side is influenced greatly by many external factors such as the governmental policies, competition, community involvement, entrepreneurship, labor, finance, cultural and natural resources. This way of viewing tourism is oppose to the mindset of tourism as an industry and mostly on the business sector. Understanding of tourism as a system is relatively important and knowing how each part of tourism depends upon each other. Poor organizational intgration is another issue in the tourism planning in which there are lack of communication and integration between different and separate organizations (suh as in in the business tourism sector there are the hotel organizations, restaurant, attraction, and airline organizations) developed in tourism in tourism planning,. The lack of organizational mechanism is affect the tourism as entirerly. There is a need for better communication aamong many existing tourist organizations in order to gain mutual benefit and assist better understanding of change. Lastly, is the lack of tourism literacy means within parts of tourism all parties are very well knowledgable about their functions and operations. However, there is still remains a lack of understanding among developers and managers considering the full meaning and importance of tourism to them. Due to the tourism illiteracy, community is not well prepared to plan their localities in the best interest of tourism and t o protect local lifestyle. Other issue or complication of tourism planning developed by Gunn (2002) is regarding with the worldwide proliferation ofecotourism, acculturation, and the dramatic evoluationary changes in many aboriginal societies. Native populations (non-industrial foundation) could face the dilemma of introducing tourists to their cultural uniqueness and lead them to move into new industrial societies. Thus, it will be difficult for them to plan for tourism development that might generate economic advantages without facing the great internal stress for protection of their cultural heritage and acculturation. 4.0 The Central Highlands of the Island The Central Highlands of the Island is the chosen destination region to develop tourism planning to encourage tourism development in the destination. The Central Highlands of the Island is a developing country and known for its tourist destination. Despite having a number of potential tourist attractions, the area still have little development on tourism and facing quite number of problems, based on the facts that the country has experienced a number of environmental problems include water pollution and having limited of human and natural resources of fresh water resources and electricity. It also experienced a depressed economy with limited infrastructure and supply accommodation in the central region area. Besides, the destination has a unique ethnic groups living in the central highlands region and having the majority population of Islandese, yet several of these ethnic groups are being isolated who have typically been ignored in most government policy exercises. These people also have limited of education background and low levels of languages which can be one reason that discouraged the community participation in the tourism development or make them difficult to participate. However, by experiencing these various conditions the local government should have promote tourism planning to encourage tourism development in the destination by taking account all the tourism resources, organizations, then economic, environmental, and social aspects of tourism development. The government should also need to get involved the local community in the tourism planning process to help support and encourage the tourism development of the destination at the same time intended to benefit the community as a whole and giving them opportunities to participate in their own development. The next part of this paper will be discussing about overall framework on the Central Highlands of the Island which are emphasizes on the steps in the planning process, the set of guiding principles for planning participants and list of issues to be considered in the planning process.. 4.1 Steps in the Planning Process In the tourism planning process, it takes a proactive role in assisting and promoting the implementation of a good quality of development. A large number of groups or individuals including stakeholders, community, and operator are involves in the tourism planning. They conduct various kinds of planning which are include feasibility, marketing, product development, promotion, forecasting, and strategic planning. The following are main series of steps to be taken in the planning process in terms of the tourism development of the Central Highlands of the Region as a tourist destination. According to Stynes and OHalloran (1987), there are six steps in the planning process include define goals and objectives, indentify the tourism system (resources, organizations, markets), generate and evaluate alternatives, select and implement, lastly monitor and evaluate. The first step that the destination need to accomplish is to obtain clear statements of tourism development goals and objectives which should acquire more from general community on how they want to achieve specific tourism development, whether the community wants to serves the broader community goals in seeking for better quality of life and to improve living standard. These objectives could be achieved by working together with various groups and organizations in the community. The appropriate types of goals to be achieve and the degree in which tourism is addressed in planning depends on how long the community has been involved in tourism or the importance of tourism to them. Since the Central Highlands region i s still in the early stages of tourism development, goals that may want to achieve involve setting up organizational structures and collecting information to have better understanding on the tourism system in the community. Then later throughout the process, more precise objectives can be created. The second step involve in identifying tourism as a system by breaking it down into three subsystems; tourism resources, organizations, and market. This will refers to how the community in the destination region coordinates their activities toward common goals and striving to achieve certain objectives by matching available resources and programs with the needs and wants of tourists, and identify the availability to be able to serve the tourists and provide opportunities for tourism development. For instance, for tourism resources in the Central Highlands; natural resources which can be used and available for the tourists are climate, scenery, favorable geographic location for shipping trade and high supply of local food and wine, while for cultural resources could be the unique ethnics cultures, cultural heritage, archaeological sites, and the local cuisine. Human resources of having a productive labor force and capital resources include the availability of infrastructure (roads, ac commodation, utilities of water and electricity) are quite limited. Moreover, the community also needs to recognize and list all the diverse range of public and private sectors in the destination that manage or coordinate tourism activities, and to make all these groups to work together achieving the same goals. Lastly, is to identify the tourism market segments or types of tourists the destination wish to attract and serve. Furthermore, after the second step moving on to the generating and evaluating alternatives step in tourism planning process. The generating alternatives development and marketing option to meet the goals requires brainstorming. And there are two parts to evaluation of tourism development and marketing alternatives; feasibility analysis, and impact assessment whether it is possible to be done and understand the impacts both positive and negative associated with tourism development. The last critical steps in a tourism plan are the implementation, monitoring, and evaluation. As objectives have been set up for the plan, it needs to be implemented through a set of specific actions that should be adopted and developed by the community with clearly defined responsibilities and timetables. Then implementation is should be monitored and evaluated to find out the success of the plan in meeting its goals and objectives. Plans generally still need to be adjusted over time because of changing go als, changing market conditions, unexpected impacts. Thus the most important of all, successful tourism planning and development should able to serve both tourists and host communities. However, tourism should serve the community first since tourism development is closely coordinated and supported by the local population of the destination. 4.2 Guiding Principles for planning participants Tourism is very important and as the main key driver of economic growth or development tool for the Central Highlands Region, which its future development should therefore be maintained by tourism developers or planners engaging in the tourism planning process. There are set of guiding principles that can be used to support tourism planning which by providing specific policies that need to be developed to suit the particular area of the Central Highlands of the region. The tourism policies which are include in a plan can aim to maximize the benefits of tourism by ensuring that the development able to reach its potential contribution to tourism in the destination at the same time providing benefits for local community. Then it is also to integrate development with its surroundings in terms of design and layout in the way that the facility or service is able to function properly and in order to avoid unexpected impacts such as disturbance to activities. In preparing such policies it re quire planners to understand a number of important factors which are include market demand, environmental impact, transport and accessibility, functional link, regeneration benefits, and labor supply which all these can be vary for different tourism developments such as for labor supply, the quality and amount of labor will be different from one area to another. Tourism planning generally seeks to place new development where the need for employment exists and to benefit the local population from the various ranges of job opportunities. 4.3 Issues to be considered In terms of planning tourism development of the Central Highlands destination region, comprehensive planning is required for successful planning and development which involves systematic approach and series of steps that has been mentioned above. In addition, there are still several issues to be considered regarding to tourism planning for tourism development in the destination especially in terms of the complications and issues that tourism planner may encounters. Refer to the previous Claire A. Gunn descriptions of issues or challenges in the field of tourism planning; the major issues that probably face by the tourism planner in the destination are the lack of system of planning and the dramatic evolutionary changes for aboriginal societies and acculturation. The lack of system of planning can occur in which there is no enough balance between two main drivers of tourism elements both demand and supply. The limited supply in the destination which are include limited infrastructure, accommodation, natural and human resources, as well as tourist attractions would not enough to fulfill the high tourism demand as both elements are dependent on each other. Besides, due to the majority of the island population are ethnic groups and they seems to be distrustful of strangers it will be difficult for the community to develop tourism plan because it requires them adaptation with the industrial societies and they need to decide which areas of the community that will be shared with the tourists and how the community will capture the benefits. Since they need to have a contact with the tourists, it will also lead to modification of the culture as a result of contact of different culture. 5.0 Conclusion The Central Highlands of the Island which is the main discussion in this paper, as a tourist destination region, still have a very little development on tourism due to the lack or limited of supply and natural resources (fresh water) that are important to support for tourism activities and development. One way is that the local government needs to encourage tourism planning and get involve the community in the process and decision making, and use different approaches of tourism planning that play important role in the tourism development in the region. Thus, planning is necessary for tourism in the area to develop at the same time it will provide benefits for the communities in terms of economic, social, and environmental aspects of tourism. Besides, comprehensive planning should be also applied by involving series of steps to achieve specific objectives of tourism development and highly coordinated with the local community and regional planning efforts. However, there are also some issues or challenges in the tourism planning that planners might face include the lack system of planning and acculturation in the area since the community has to still maintain and protect their strong and unique cultures.

Leadership: An argument for advances in its development

Civilization and its achievements, like the wheel, hinge on the hub of leadership. The ebb and tide of world empires point to the reins handled or pulled by individuals who exert power and influence. In this country, and even in the rest of the world, the assertions and importance of leadership is re-emphasized in many ways because of the rapidly evolving paradigms that assume a more pervasive role in the society.   This is the era of organizational revolution.The time is marked with rapid shifts in the demography of our workforce, changing corporate culture, and changing organizations. Organizational forms have become more complex and new forms have been developed (Block, 1981). The management or leadership of people has never been as important and crucial than ever before. Today, it is considered a central figure and the key to productivity and quality especially in a very competitive society. In the light of the rapid shift in today’s organization, the skills required of human resource managers, beginners in the profession and even aspiring students in the discipline, rest on the foundation of knowledge on the whole gamut of human resources management, specifically management theories applied in the setting (Kline & Saunders, 1993).The need for a more efficient, economical and equitable management of the people in the industry or organization has never been as pronounced as it is today. This need has never been brought about by factors which inevitably affect not only the established structures and ways of doing things within the personnel area but also by the more meaningful and substantial task of managing the organization’s most important asset – the human capital. Among these factors are: stiffer competition in business; rapid changes in technological, competitive and economic environments; the explosion of technical and managerial knowledge; spiraling wage and benefits cost and so many others. These factors have no doubt been resp onsible for the emergence of the personnel function as a vital area in the implementation of corporate strategy (Bruffee, 1993).The arguments set forth in this paper spins around the theme of leadership: there have been continued major advancements in the developments of basic leadership theories in the past 200 years.   One of the evidences simply is the theory put forth by Dr. Elliot Jacques, the great Canadian psychologist. Theories abound regarding perspectives of leadership. When Elliot Jacques developed the concept of requisite organization; it served as a unified whole system model for what he deemed effective managerial leadership.Some of the core beliefs in Jacques system, for instance, imply that people are supposed to be compensated on the basis of their individual aptitude or skills and foresight and how long it was before their judgment could be verified. Jacques also thought that where leadership gurus or external consultant like the ODs are concerned, these are only evaluated and equated with alchemy: as such these do not involve real concepts or precise or thorough definitions but rather are considered as rubbish and inauthentic to say the least. Jacques persuasion centers on much of what he calls as â€Å"maximum amount of personal responsibility† and encourages on every part of the organization, or team for that matter, to be stakeholders and thus have a say in the problems at hand.In organizational behavior which is basic to the management of human resource, it points to the inquiry and application of learning about how people, individuals, and groups perform, operate, and work in organizations. It accomplishes this by means of adopting a system approach (Demick & Miller, 1993). Explicitly, it infers people-organization affairs in terms of the entire person, group totality, complete organization, and total social structure. Its intention is to put up enhance relations by attaining human goals, organizational purposes, and social goa ls (Kanter, 1999). In such a milieu, the goals to effect change are influenced by several significant factors which are crucial to the overall results. Hence, there are expected leadership behaviors that maintain momentum during the change process (Demick & Miller, 1993).This strategic system model put forth by Jacques is a methodical approach to managing the human capital.   Those who study and make use of that data in exclusive contexts are rightly described as professionals; in them lies the heart and soul of the profession. Industrial-age institutions look for routine and habit accomplished through standardized measures. Complex responsibilities are split into simple steps that are assigned to organizational positions to guarantee that employees are both interchangeable and effortlessly replaced. Bureaucratic hierarchies are likely to esteem proven evaluation of specific aspects of complex managerial tasks. In view of this, the picture of leadership is in reality changing as t he image of organizations changes. Analysis ascertains those who require training and what skills or performance improvements are designated. Aims and goals set the restriction for the instructional outline and help attain the appropriate learning outcomes (Kincheloe, 1991).Peter Northouse, author of Leadership: Theory and Practice observed the revival of an all-encompassing skills-based model of leadership distinguished by a map for how to reach efficient leadership in organizations (Northouse, 2004). He recommended that the classification of specific skills which can be improved by training has an intuitive appeal: â€Å"When leadership is framed as a set of skills, it becomes a process that people can study and practice to become better at their jobs† (Northouse, 2004).He also suggests that although the skills-based approach claims not to be a trait model, it includes individual attributes that look a great deal like traits. The act of leadership is also an exercise of mor al reasoning. In their book Unmasking Administrative Evil, Guy Adams and Danny Balfour caution against elevating the scientific-analytical mindset higher than all other forms of rationality. Even as the rise of â€Å"technical rationality led inevitably to specialized, expert knowledge, the very life blood of the professional,† it also â€Å"spawned unintended consequences in the areas of morals and ethics as the science-based technical rationality undermined normative judgments and relegated ethical considerations to afterthoughts† (Adams & Balfour, 2004).Distinguished scholar Ronald Heifetz on the other hand, developed a definition of leadership that takes values into account. He maintains that we should look at leadership as more than a means to organizational effectiveness. Efficiency means getting achievable decisions that execute the goals of the organization. â€Å"This definition has the benefit of being generally applicable, but it provides no real guide to d etermine the nature or formation of those goals.† (Heifetz, 1994).   Heifetz went on to say that values such as â€Å"liberty, equality, human welfare, justice, and community† are inculcated with first-rate leaders (Heifetz, 1994). It is a necessity then, the infusion of these principles into the leader and from the leader into the organization.Reference:1. Adams, Guy B. & Danny L. Balfour, 2004.   Unmasking Administrative Evil (Armonk, N.Y.: M. E. Sharpe, pp. 31-36.Beckhard, R. 1969. Organization Development: Strategies and Models, Addison-Wesley, Reading, MA. John Wiley & Sons, Inc. Permissions Department, 111 River Street, Hoboken, NJ07030 USA. Block, Peter, Flawless Consulting: A Guide to Getting Your Expertise Used, University   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Associates, San Diego, CA 1981. Bruffee, Kenneth A. Collaborative Learning: Higher Education, Interdependence, and   Ã‚   the Authority of Knowledge. Baltimore: Johns Hopkins Univ. Press, 1993. Demick, J. an d Miller, P., Development in the Workplace, Lawrence Erlbaum Associates,   Ã‚  Ã‚   Publishers, New Jersey, 1993. Heifetz, Ronald A., 1994. Leadership Without Easy Answers (Cambridge, Mass.: Harvard Univ. Press, pp. 21-22. Northouse, Peter G. 2004. Leadership Theory and Practice. Thousand Oaks, Calif.: Sage, pp. 35-52.

Understanding Leadership

Idyllically, our society has today become a society of institutions. Apparently, they need to be led in an organized way, lest everyone fails, now and the time to come. When our organization fails to be effective and responsible, there are terrible things that are likely to fill the void. In this case, performing, responsible management is the alternative to tyranny and our protection against bad leadership. Managing with courage enables the leader to be enthusiastic and focused in his dealings, hence leading people in the right direction. In most cases, when management fails, totalitarianism prevails. The Drucker article by Peter F. Drucker gathers series information about leadership and management. From the article and in juxtaposition of my personal experience, I feel it wise to share the various ways through which I can exercise leadership in our society today in order to lead people to the direct path. Nevertheless, in leadership, there are a lot that one may encounter that can either weaken or strengthen him as a leader. All in all, by the end of the day, ultimate measure must be attained that the society can appreciate.My Strength in Relation to LeadershipAs a leader, I must admit that I have good and admirable communication skills. This is awfully important when it comes to leadership because those in employment inherently need to understand the nature of task you are giving them. I set my goals appropriately and allow the people I lead to set theirs too. By the end of the day, they have to be met however difficult the situation may be. In so doing, I speak clearly when talking to someone, and in cases where I have to address them on media, I ensure that the electronic me ssages are not vague. Proper communication ensures that none of the information is left out and the recipients act on them accordingly. On the same plinth, I am a leader who possesses good social skills. A leader is someone who needs to regularly meet strangers in order to discuss business. In so doing, one must be able to socialize without any discrimination. Likewise, while talking to the employees, one should be outgoing and so that you can be liked by the workers. I am a leader who exercises social skills adequately in order to accommodate everyone. My skills come as a no surprise, but it is seen in every aspect of my communication. On the same pedigree, I posses high listening skills, I speak comfortably about the products sold and the business at large. This puts me in high possession in case of competition, because of the high standards of decorum that I posses. I love the fact that I am a leader who is confident, determined and work with others as a team. In my leadership, I am able to push through the drawbacks that may affect the business with a lot of confidence. I am much determined that in so doing, I must achieve positive result. While dealing with the setbacks affecting the business, there are a lot of huddles that comes on the way, however, I remain steadfast to ensure that I push through to win by the end of the day. In addition, I involve other stakeholders in decision making and solving of problems that affect the business. I am a leader who is flexible and ever ready to change with the changes, as long as they lead the business towards the right direction. I am a leader who goes with priority. Prioritization is hugely important, and often, when lacking, it holds people back. I look at what is most important to the business at the very particular time. When that that thing is not well done, it gives me space to explore on my creativity and efficiency. Through prioritization, the team is well led because every worker knows what to do at an appropriate time. In the same connection, I keep to my words. This comes in the sense that when I promise to do something to the employees, I have to accomplish it despite the huddles met on the way. Some of the promises that I ensure that are taken care of include, the end year party, additional training to the employees to help them gain much experience, granting more vocational time to them and I ensure that I follow through no matter what. I came to realize that this does not only build trust, but also increases the level of productivity, motivation and engagement.Values that Shape my Leadership SkillsI am a loyal and respectful leader. In the first case, I respect myself and my job too. On the other hand, I ensure that the workers are treated with demureness in every realm. High standards of ethical values are maintained at work place in every circumstance. Development of greater employee loyalty and respect lead to respect among the employees and the employer. Another aspect of my value that helps me move to greater heights is the aspect of fair dealing. I have the history of fair and just connections with the employees. I ensure that the employee who deserves promotion is promoted without fear or favor. On the same line, when it comes to motivating the workers, I do it diligently so that none of them feels left out. I come to learn that when an employee is motivated, he gets the intrinsic drive to do the work and the morale is boosted in order to give outstanding outcome. I am someone who bases his decisions on values, and not beliefs. For example, when situations arise at work place, I have to deal with it head on until I arrive at a decision on what to do. I do not use beliefs to formulate responses. I use substantial values to formulate my responses, and the method has always given me the best solutions. On the same pedigree, I stimulate visions and inspire others. My job creates vision and inspires others to make their visions a reality. They get passion and interest in whatever thing they do because of the zeal and zest they get from me. As a leader, I focus less on numbers, and more values of building a team that brings positive results.What I can Contribute as far as Leadership is ConcernedThis question stern leads to some useful questions that a leader should ask him. Contributions a leader makes should be geared towards the success of the organization. They can either be short, medium or long term contributions. Moving in that line helps the leader to stay focused in his plans. Remarkable leaders think about their contribution, and how their leadership is making a difference to people, products, processes, Customers, and the community at large. As per my case, I am a leader who is a connector. I focus to connect the employees, colleagues, superiors, and the clients. I foster the work done by these parties with a lot of collaborations. I also display genuine considerations for the respect and openness. In so doing, I fully understand the concern of others and in case there is any that requires my attention, I effusively react to it on time so that none can feel offended. As a leader, I am an implementer. In this case, I do planning on time, I discipline those who go contrary to the organization's expectations or those who do not follow the ethos, pathjos and the logos of the company. I also measure the work to be done by every individual and monitor how the work is being done. In so doing, no of the stone remain unturned. Most importantly, I ensure that the organization's resources are well kept and are used for the benefit of the organization and not any other purpose. Depending on the management level, I implement the set goals and ensure that they are in constant line with the strategy set. Interestingly, I give reward to the employees who adhere to the rules set and those who do their work diligently without getting into problems with others. Such acts makes the organization lively in most of the time, hence makes people to work in unison. My third profile is that I am a resolute leader. This is one of the most parts that fail many leaders. It sometimes becomes awfully difficult to make decision concerning the organization. Some might be affecting the welfare of the workers; others might be for the rank adjustments, among many others. Making such decision may affect people in series of ways, nonetheless, the have to be made for the progress of the organization. While making such decision, I become agile and independent and I display great aplomb concerning the very decision. I put into action what is necessary and priority to the organization at that particular time. Despite the interruptions and ambiguities that characterizes such decisions; I remain steadfast to ensure that they are implemented. It is important to remain focused on what is essential and to avoid unnecessary disruption when faced with challenges regarding such hard decisions. I ensure that the energy I spend to influence and convince people point out to the direction I want them to go. I am a visionary leader. I exercise my vision starting from the short, medium and long term objectives. I also look at the in-depth in which the objectives are to achieved and plan for the appropriate pedagogical approach to realize them. When I realize that an approach to be implemented might not work to bring success, I swiftly pull out and employ an appropriate pedagogy. In the same pedigree, I am accurately study the environment under which some things can best work out, and help my workers to anticipate on what is coming and develop sound strategy for copying what can bring success. As a visionary leader, I innovate and seize profitable business opportunities that are not identified by others and venture into them. In so doing, I have the ability to forgo networks and partnership and even influence from other people that can make me not realize what is beneficial to the organization. While taking business, my communications are imbued with my vision because I have the talent to inspire and motivate other with my ideas.Areas to work on in respect of LeadershipBeing a leader is not easy, and it frequently requires time and patience to master the role. At the core, all that most workers want is someone to guide them rather than boss them around. If your intentions and motives are in your company and team's best interests, you're unlikely to fail. There are so many things that as a leader you should put into consideration for the things to work out properly. As a leader, one should try and work on excessive connectivity. Constant connectivity allows the managers to provide feedback on the go. It also helps them to manage workers across all the working zones. The only problem associated with it is that it can always lead to an always –connected, omnipresent approach of leadership, which may disgust many employees, hence making them not to work meticulously. A leader should not be stagnant. It is always important to lead a team that grows. In this dictum, growth starts with the leader himself. This is realized in his ideas, action plans, and how he implements the plans. A stagnant leader is an egocentric leader. He is adamant to the progress of the company, hence unyielding any fruit. It is easy for the company to lose credibility if there is no continued innovation. A leader who does not remind the organization of its purpose does not motivate the team hence losing focus. On the same plinth, a leader should not need to be liked. Leaders are first people and it is natural that they want to be liked. Instead of a leader trying to be well liked among the employees, they should seek to be understood and respected. Similarly, respect is two way traffic, you first respect the workers is when they retaliate. Proper communication with everyone at work place keeps the members in the loop about the reasons behind the decision made. Most importantly, a leader should not be hypocritical in nature. He should do what he says and reverse the same. Hypocrites in most cases lead the business to failure.Short, Medium and Long Term Leadership Plans in LeadershipIn order to be successful in any ordeal, it is pivotal to plan appropriately. Taking charge of the future should be done strategically. One needs well kept records of measurable milestones and goals. In the same line, one needs to upgrade the skills and update the knowledge and information on frequent basis to en sure that they are attained as planned. As a leader, I have my short, medium and long term plans that help me in leading the team. As short term plan requires, I am inherently curtained that the company rules and regulations are followed because through them, the medium plans are achieved. On the same note, I ensure that promotions are done appropriately so that the company can be led into the right directions. The medium plans include developing a larger and more professional network with other related companies so as to expand business territory. The long term plans on the other hand is to ensure that the organization is autonomous and can support workers from and outside the nation. The plans are implemented one after the other to ensure that all are attained. Innately, I have to remain a leader of the people at all cost. I have to ensure that I maintain the highest standards to leadership skills and avoid anything that can paint my leadership blue. In order to construct my leadership skills and learning opportunities, I ensure that I am ready to learn from others. I also organize for conferences where we meet as managers to learn from one another. Most importantly, I give social support to the society in order to maintain good relationship with them in most cases. This is achieved by creating job opportunities to the society within the premise, and also relaxing the prices of the commodities so that everyone gets serviced by the end of the day.ConclusionFrom the analysis made, series of conclusion can be arrived at. It is important to note that The Drucker article by Peter F. Drucker gathers series information about leadership and management. It explains ways in which one can becomes a successful leader in the society. Borrowing my skills from the article, I have learned that a leader is nurtured and through the process, he should become a responsible person in the society. My leadership skills have taught me a lot in life and have taken me to high platforms to negotiate businesses for the betterment of the organization I lead. That which crowns all is that a leader should be humble. Humility is a very important aspect that all leaders should posses.?

Alex Fergusons managing style Essay Example

Alex Fergusons managing style Essay Example Alex Fergusons managing style Paper Alex Fergusons managing style Paper The main roles of Alex Ferguson are to educate players, teaching players to learn and maintain new skills and techniques, also needs to match the appropriate training methods with the ability and experience of the players, give opportunities to practice new skills, demonstrate effectively and to know when to use certain skills for certain situations.  Also he is to make sure players are physically able to play the sport, develop players components of fitness. Also he is meant to man manage his team by demonstrating good leadership skills and direct players effectively, be well organized and give clear instructions, ensure players are playing to the best of their ability and reaching their full potential, manage the development of players effectively.  He also needs to act as a role model for his players to earn and maintain trust and respect, be influential in a positive way, and be reliable and behaved. In his role as a manger he needs to act as a friend by being there for players when needed, make sure players keep their feet on the ground, and act as a friend to motivate players.  Alex Ferguson is very good at managing his players as he demonstrates good leadership skills and directs his players effectively. He is a very well organized manager and gives clear instructions to his player. Alex Ferguson is a good role model as he is respected through the whole world of football because of his achievements and is influential on his team in a positive way. He has a fierce competitive spirit and a temper to match. Players have described the Ferguson hairdryer when he blasts them in a head-to-head tongue-lashing. But he has the ability to measure the qualities of the players he has nurtured and as the club became wealthy expensive players he has brought in, and with these high profile players he has a taken a my way or the highway attitude with these players. The Skills and techniques Alex Ferguson uses to be successful generally involve communication skills, verbal communication characterized by the use of a spoken word. He would be able to change the tone, pace and volume of their speech to suit the situation. He would also use non Verbal communication skills which include sending messages via body language, facial expressions and gestures.  His organisational skills need to be good for his sessions to be successful, these also include analysing, problem solving, evaluation, time-management, sport specific skills. Sir Alex Fergusons coaching technique is autocratic and has an extrovert personality and tells his players exactly what he wants from them. He is very knowledgeable in his sport. Alex Ferguson is a disciplinarian and has showed this on a few occasions. Alex Ferguson tells the players what he wants out of them during a training session and stop and starts when need be. Alex Ferguson is a good communicator as he communicates very well with his players and he is also very well organized. He also knows how to bring out the best in young stars for example players like Ryan Giggs, David Beckham, Paul Scholes, and Wayne Rooney. Both Alex Ferguson and Arsene Wengers roles as a coach and manager are similar with regards to educating a player and training players, this is due to the fact that they have similar responsibilities when it comes to training their players and making them physically able to play in their respective sport. With regards to educating players, they both have had young players with star potential and have been able to nurture and mentor them in a similar way to ensure they reach their potential. They are both also good role models for their players despite the fact that they were both not extremely successful as a player. Both coaches are well organized and both analyse, time manage, evaluate performances and solve tactical problems very well. They also both have good knowledge of the sport. Sir Alex Ferguson has more experience and is a major disciplinarian unlike Arsene Wenger an example of this is Alex Ferguson will sell players despite their ability if they think they are bigger than the club e.g. David Beckham, Eric Cantona and Ruud Van Nistlerooy, but Arsene Wenger failed to do the same with Thierry Henry. Arsene Wenger and Sir Alex Ferguson have different coaching styles and technique with Arsene Wenger having the laid back laissez fair approach and Sir Alex Ferguson having the in your face autocratic approach, by the success of the two managers it seems that Alex Fergusons style of managing a team is better due to the more success he has had than Arsene Wenger in his managerial career. The strengths of Arsene Wengers managing style is players have got freedom to express themselves, his teams are well organized, his players trust his approach to training and his transfer policy, players learn technique and how to play by themselves due to the way he does his training session.  The weaknesses of Arsene Wengers managing style is some players will under perform because they think they are bigger than the club and feel their place in the team is safe, players may feel they can get away with anything. Changes Arsene Wenger could make to his managing style is  Be more disciplined to his players and take more of a autocratic style of coaching his team, also dont let them get away with things and make players feel like there fighting for there places in the team even if they are stars. Strengths of Alex Ferguson managing styles are everyone knows where they stand Every player in his squad will know where they stand and know that no one is bigger than the club, players dont get bigger than club, Most players dont get to arrogant and if they get bigger than the club he will let them go, everyone believes in his ability no one will question his authority as he has won everything and is highly respected throughout the world and his teams are well organized. Weaknesses of Alex Fergusons managing style are he loses some of his big players due to his management style and letting them know he is boss, some players may get slightly scared of his personality and his status.  Changes Alex Ferguson could make are not very many because he is so successful but he could be less strict and be slightly more democratic with his coaching style in order to keep his star players.

A Midsummer Nights Dream Essay †Shakespeare

A Midsummer Nights Dream Essay – Shakespeare Free Online Research Papers A Midsummer Nights Dream Essay Shakespeare The play â€Å"A Midsummer Nights Dream† written by Shakespeare is one of the most famous plays of Shakespeare. In the play Shakespeare could write a tragedy and comedy at the same time. In â€Å"A Midsummer Nights Dream† he shows another play to represent parallels to â€Å"Romeo and Julia†, but both plays have the same background, magic and fantasy. In this story Shakespeare shows many different kinds of love and marriage. In the story â€Å"A Midsummer Nights Dream† there are four plots, the royal wedding of Theseus (the duke of Athenia) and Hippolyta (the amazon queen) and the story of Athenias young lovers, Lysander, Hermia, Demetrius and Helena. The main conflict in this play is the conflict between Oberon and Titania (the fairy queens) because both are jealousy of each other. Oberon is very angry and plays a trick. He orders his servant Puck to bring his a special flower who causes on to love the first person a person sees. Oberon gives it her and she falls in love with Bottom, an ugly creature. Puck gives this charm juice the other lovers and causes a big confusing. Oberon sees that and orders puck to cancel it. He makes this and all was again good. Now I came to the question: Should â€Å"A Midsummer Nights Dream† be performed on stage nowadays? Pro arguments: ? Real and fantasy world. Both plays, the â€Å"real† play and the play within combine good to each other. This combination makes the play more interesting and mysterious. The play is very amousing and has a lot of fun. ? The play has a good contrast of a happy end and a sad end because the â€Å"real† play has a happy end and the play within has a sad end. This is good and brings change in the play. ? This play shows the energy and the force of the nature. The play shows that one cannot affect the destiny and nature. What belongs together find also together ? The play is a fairy-tale and this is good because the people that watch or read this play can feel these plots better. Contra: ? The real and the fantasy worlds are more into another that makes it more difficult to understand ? It cannot keep apart the real and the fantasy worlds ? The play is not corresponds no longer up to date. Now I came to my own opinion whether the play â€Å"A Midsummer Nights Dream† should be still played or not. I think that the play â€Å"A Midsummer Nights Dream† should be still played today, because it shows us humans, that we have to fight against the patriarchal, (the man dominates). It is completely important that the play A Midsummer Nights Dreamâ€Å"wants us to show that we cannot do nothing against the power of nature and the strength of the love is powerless and which we the destiny not to affect to be able. We cannot delay our destiny however to prevent. The play should be played, since it will remain an always topically topic, the love. The love is a topic that always exists. The love is concerned to everyone. The love is in the centre of this history. This makes the play more interesting. If one is the acting modernized then that the play which one also still in 20 years could. The play plays in the coming year. Research Papers on A Midsummer Nights Dream Essay - ShakespeareHonest Iagos Truth through DeceptionMind TravelEffects of Television Violence on ChildrenThe Effects of Illegal ImmigrationThe Spring and AutumnBook Review on The Autobiography of Malcolm XWhere Wild and West MeetTrailblazing by Eric AndersonHarry Potter and the Deathly Hallows EssayHip-Hop is Art

FINANCIAL MARKETS AND MONETARY POLICY Essay Example | Topics and Well Written Essays - 2000 words

FINANCIAL MARKETS AND MONETARY POLICY - Essay Example Other research has offered a concrete evidence favoring instability in the yield curve of the United States. The evidence is referenced with a rising theory on the side of macroeconomic where the inflation dynamic and real activity was characterized by significant period variation in various industrialized economies. The function of this paper double folds. First, the paper assesses the extent of period variation in the changes of some yield curve and macroeconomic variables. Secondly, the paper investigates if the term structure analysis can shed new dimensions of the performance of UK macroeconomic of the last five years. It is emphasized that various present studies have analyzed the UK macro economy dynamics and its term structure in situ. There is also a systematic investigation on the evolution of the connection between the yield curve and the economy over time. The paper specifies the relationship between finance and macro like in Nelson-Siegel model UK yield curve from 2008-2 012 Financial Instrument for the Yield Curves Gilt-edged securities Normal gilt is a sure way by the nation to make payments of the guilt. A fixed cash payment is made semi-annually until a maturity date is attained. At maturity, the holder receives the terminal coupon and the principal. The index-linked gilt is generated to protect the investment value (Mishkin, 2012). General Collateral sale and repurchase agreement The transactions of selling and repurchasing involve the temporal exchange of gilt and cash between partners; gilts are used as collaterals. The fund ‘slender will hold gilt as collateral, so is safeguarded when the borrower defaults. The repo of the General Collateral is the rated for repurchasing agreement where gilt may be utilized as collateral. Therefore, the General collateral was closer to the risk-free rates. The contracts of Repo are traded actively for maturities annually. The rates prevailing on the Repo contracts are equal to the yields of the convent ional gilts maturity (Ritter , Silber, Udell ", 2009). Interbank loans An interbank loan is a loan where the lender receives a certain agreed sum at call. The loan was not tradable. The offer rate was the interest rate the bank was willing to lend cash to financial institutions. The offer rate was calculated by mean of the medium offer rates that was collected at 11 am from 16 financial institutions. Short sterling future A short sterling contract was the future contract of sterling interest rate that settled on the LIBOR rate that prevailed on the delivery date of the contract. The contracts were traded and standardized between the Options Exchange and London International Financial Future members. Forward rate agreement This is the Over the Counter contract where the counter parties decide to exchange the difference in the LIBOR rate and agreed interest rate. We calculated the payment against the principal. The instrument allowed organizations to be held in future lending rate s and interbank borrowing. Unlike the future contracts, the instrument was a bilateral agreement having no secondary market (Madura ", 2008). Swaps This is where the two counterparts decide to exchange the payments of interest rates for payments of floating interest rates, based on the notional principal at the beginning of successive periods. The instrument was equal to a

The Wine Industry Analysis Essay Example | Topics and Well Written Essays - 1250 words

The Wine Industry Analysis - Essay Example Gradually the industry started modernizing all its processes and using fermentation and refrigeration for producing better quality products. As of now European market comprises of the majority of wine consumers, with other regions gradually joining in. Therefore the industry is indeed an attractive one, but the growing rivalry amongst the competitors has resulted in reduced margins for the industry. In addition threat of substitutes like other soft beverages has always kept the wine industry on the lookout for upgrading their own standards and quality. Some of the major wine producers are Constellation Brands, Inc. E. & J. Gallo Winery, Janton, Pernod Ricard etc. On account of increasing competition some consolidation is also taking place in the industry, with mergers and acquisitions. But the kind of competition amongst the large number of producers can be gauged from the fact that none of the major producers can boast of a market share of 2%. Observing the wine production figures s ince 1994 and projecting an estimate for the next five years till 2005, Morgan Stanley figured out that there could a marked decrease in the production levels in some countries, particularly after 2000, but this is more because of the increasing competition, which again is a pointer towards the attraction of the industry. Wine brings cheers to the consumers and has survived many adverse circumstances. But today the industry has made itself resilient enough towards such circumstances and facing them boldly. Q-2: What is the basis for competitive advantage Ans: Wine industry has in fact inherited some of the competitive strength in the form of its association with prestige and sharing happiness. In general the competitive advantage of wine industry is based upon the following facts; Quality of wine is decided as per the climatic conditions, the land and the ambience, which gives it a unique identity. Its shelf life is much more as compared to other drinks and beverages. Wine is mostly used as a pleasure drink, with friends and colleagues. Therefore the consumption of wine in a group tends to become more. Wine companies generally have a portfolio of products reflecting a wide variety of choices demanded by consumers in various style and price ranges. There are low-cost high volume varieties, premium varieties and ultra premium varieties. The market is ever growing with the drink becoming quite fashionable amongst the youth. Wine if taken in controlled quantity can have medicinal effects as well, therefore even doctors, other health professionals, NGOs too do not feel the need to be up in arms against the drink. It has been observed that citizens above the age of 50 years consume more wine than the younger ones. And with the a sharp rise in the average age of an individual, thanks to the advancements in health care