John Kasich Bio - 2016 Presidential Candidate

John Kasich is a career politician who served as a state legislator, member of the U.S. House of Representatives and governor of Ohio. He is seeking the Republican presidential nomination in the 2016 election and, though considered an underdog to both Ted Cruz and Donald Trump, is one of the three remaining candidates in the primary race.   Related Story: What is Election Day? Kasich sought the presidency once before, in the 2000 election, and referred to himself as the Jolt Cola — a highly caffeinated soft drink  Ã¢â‚¬â€Ã‚  of that years field of Republican candidates because of his high-energy style and penchant for wearing sneakers to work. But he later withdrew from the primary race. Political Career   Kasichs political career includes positions in both state and federal government. Heres a timeline: 1975 to 1977: Served as administrative assistant in the Ohio state Senate. 1979 to 1983: Elected to the Ohio state legislature at age 26 and served one four-year term in the state Senate. 1983 to 2001: Election to the U.S. House of Representatives in 1982 and served nine two-year terms. During his tenure in the House and served as chairman of the Committee on the Budget. Kasich retired from the House to reinvent himself. You got to know when to hold em, you got to know when to fold em, and you got to know when to renew yourself, he said at the time. 1999: Briefly sought the Republican nomination for president before dropping out and endorsing eventual nominee and 2000 election winner George W. Bush. The problem was last time that I had this jet airplane ready to take off but I didnt have any gas for it. It never got into the air, Kasich later told CNN. 2011 to present: Governor of Ohio, serving his second four-year term. July 2015 to present: Seeking the Republican nomination for president in 2016. Professional Career Kasich worked in private finance after leaving Congress in January 2001. He worked as a  managing director in the Investment Banking Division of Lehman Brothers. He was appeared as a political commentator on FOX News. Kasich is the author of three books: Courage is Contagious; Stand for Something: The Battle for America’s Soul; and Every Other Monday. Related Story: 5 Presidents Who Wrote Books Before Being Elected Campaign for President in 2016 Kasich, though a career politician, sought to appeal to voters who prefer outsiders. He has repeatedly claimed Washington knows little about solving the countrys problems. I think we ought to run the country from the bottom up rather than the top down, he says. He began his campaign for president as an extreme long shot in a field of 16 candidates, including former Florida Gov. Jeb Bush, who at one time was considered the front-runner for the nomination. But most of the candidates ran out of money, enthusiasm or patience with voters who propelled Trump toward the nomination amid an anti-establishment fervor in the primaries. By March 2016, it was a three-man race, and Kasich was portraying himself as the common-sense, or more moderate, conservative to Cruz, who suggested impeaching Democratic President Barack Obama would be legitimate, and Trump, whose political philosophies perplexed many in both major parties. Kasich was also seen as having the most experience of any of the candidates, given his work in the statehouse and in Congress. Democrats, however, point out that Kasich is solidly opposed to abortion rights. States his campaign: During his 18 years in Congress, John Kasich consistently opposed federal funding of abortion and voted to ban partial-birth abortions. As Governor of Ohio, he has enacted more measures to protect unborn children than any other governor in the history of the state, including bans on late-term abortions and bans on elective abortions in public hospitals. Related Story: The 2016 Field of Republicans Was the Largest in 100 Years Many in the Republican establishment became upset with Kasich, however, over his refusal to drop out of the Republican primaries even after it became clear he could not win enough delegates to secure the presidential nomination. Critics believed Kasich was undermining Republican U.S. Sen. Ted Cruzs ability to stop presumptive nominee Donald Trumps march to victory in the primaries by splitting the anti-Trump vote two ways.    One of the most notable efforts to persuade Kasich to abandon his bid for the nomination, or to persuade voters to abandon him, came from the conservative anti-tax group Club for Growth. The group spent $1 million on a television ad attacking Kasich. The ad, titled Math, points out Kasich couldnt win the nomination and went on to claim his candidacy was fueling Trumps success. If you dont want Donald Trump to win, your choice comes down to this: math. Only Ted Cruz can beat Donald Trump. John Kasich cant do it. The math wont work. A vote for Kasich actually helps Trump by dividing the opposition. Its time to put differences aside. To stop Trump, vote for Cruz. Kasich, however, maintained that he could win the nomination by blocking Trump from securing the necessary delegates before the Republican National Convention in Cleveland, Ohio, and by appealing to mainstream members of the party at a contested, or brokered, convention. As crazy as this year is — theres no one here who would say this isn’t nuts — can you think about anything cooler than a [contested] convention?† Kasich argued at the  Conservative Political Action Conference in March of 2016. Nonetheless, the strategy was considered the longest of long shots and angered members of the Republican establishment who were trying to stop Trump. Key Issues Kasich made  job creation, health care and student debt key components of his campaign and attempted to set himself apart from the other Republican candidates by portraying America as still being great. The sun is rising, and the sun is going to rise to the zenith in America again, I promise you, Kasich said in announcing his candidacy in July 2015. His campaign has focused more on economic issues, rather than social issues such as gay marriage, where he appears to be far more moderate than most Republican presidential candidates. While stressing he believes in traditional marriage between a man and woman, Kasich has also said: Because somebody doesn’t think the way I do doesn’t mean that I can’t care about them or I can’t love them ... Issues like that are planted to divide us ... We need to give everybody a chance, treat everybody with respect, and let them share in this great American dream that we have. Political Accomplishments As governor of Ohio, Kasich takes credit for eliminating projected state budget shortfalls  Ã¢â‚¬â€ including an $8 billion projected deficit  Ã¢â‚¬â€ while reducing taxes since taking office in 2011. He promotes his efforts to cut wasteful spending and eliminate government red tape. He also takes credit for  Ohios â€Å"stable† credit outlook among the major ratings agencies. I took the state of Ohio from an $8 billion hole †¦ to a $2 billion surplus, Kasich was fond of saying on the 2016 campaign trail. He claims his administration was also responsible for the creation of  350,000 jobs and issuing the largest statewide tax cuts in history, totaling $5 billion. Education Kasich attended public schools in Ohio and earned a bachelor of arts degree in political science from  Ohio State University in 1974.   Personal Life John Richard Kasich was born in  McKees Rocks, a small borough near Pittsburgh in Allegheny County, Pennsylvania, on  May 13, 1952. He is the oldest of three children. He considered becoming a Catholic priest before entering politics. Kasich lives in  Westerville, Ohio, a suburb of Columbus. He is married to Karen Waldbillig Kasich. The couple have twin daughters, Emma and Reese. How You Pronounce Kasich Kasichs last name is often mispronounced. The ch is hard at the end of his last name, meaning Kasich rhymes with basic.

Persuasive Essay On Superpredators - 1769 Words

In the past, I have heard of the term superpredator in news stories but never fully knew the meaning until I did some research. There were articles upon articles of superpredators or teenage criminals, that caught my interest. My main focus became the problems the corrupt youth causes for the public and how such harmful acts can be prevented. Because I come from a low-income area, many of the kids in my community have been arrested or in and out of detention centers. This furthered my interest to find out if superpredators are a real issue the public has to face. I first wanted to know what a superpredator really meant and who they were. So, my research began. To start, I looked at Hopeless or Happening: Preventing Youth Violence, I†¦show more content†¦Broken families are the largest cause of this. Reading through the articles, I was able to make personal connections with the following aspects in relation to those I know who do not come from best home life, then act out on legal terms. Most often the case is that a juvenile had a negative experience which caused them to act out with violence, theft, or drug involvement. Many researches have shown a strong correlation between exposure to negative events and juvenile delinquency, according to the article, Superpredators. Once I got a full understanding of what made one a superpredator, I turned my attention towards the public s view of the criminals. The article, Moral Panics, discusses moral panics in regards to teenage violence. Beginning with the discussion of moral panic in colonial times, mainly based on religion, to evolutionizing to the Civil War, the Cold War and so on to modern times. The second half of the twentieth century focuses mainly on the problems of drug use and then mentions from there the incline of other types of crime: child abduction, school shootings, and mass murders. Further emphasizing on the problems that occur, Youth, Guns, and Violent Crime, suggests that yes, superpredators were the main cause of the violent outbreaks in the 1980s and 90s, however there were multiple factors that caused juveniles to create such an epidemic. Factors such as: more accessibility to handguns created teen fights into

Managerial Ethics Augment productivity

Question: Discuss about the Managerial Ethics Augment productivity. Answer: Introduction Management theories are mostly put into practice in order to augment productivity of an organization as well as quality of service. However, most of the managers do not make the use of a single theory or notion while implementing strategies in the place of work. Depending on several theories, managers make the use of a combination of several theories. The management theories that are commonly used mostly include contingency theory, chaos theory and systems theory (Tsai Pai, 2014). Contingency theory is defined as an organizational theory that asserts that there is no best way to organize a corporation. Chaos theory is mostly focused on the behavior of dynamical systems that are largely sensitive to initial circumstance. Systems theory on the other hand, is the trans-disciplinary study of the theoretical organization of phenomena. On the other hand, managerial ethics illustrates the moral guidance that a supervisor provides his workers. Managerial ethics mostly addresses two diverse areas that deal with principles and policies (Bums, 2016). The conflict of ethics mostly gives rise to the need to reference managerial ethics. It also helps to guide decision-making as well as regulate external and internal behavior. The essay provides an overview about ethical dilemma that is faced by Apple. Ethical dilemma mostly refers to a complicated circumstance that mostly involves an apparent mental divergence between moral imperatives. Ethical dilemmas are sometimes referred to as ethical paradoxes in the context of moral philosophy. The essay also provides an overview related to two hypothetical concepts from managerial ethics that scrutinize this dilemma decisively.The relationship between ethics, leadership and decision-making is also evaluated critically. The essay provides a brief introduction about the multinational conglomerate Apple and the ethical dilemmas that are faced by the Company. It shows the ethical dilemmas that are mostly faced by the workers of Apple in China. It also gives a brief overview about the lawsuit and the ethical dilemmas that are recognized between Apple and its competitors. The essay also illustrates about the relationship between ethics, leadership and decision-making. It also critically reflects on how leaders may ensure organizational decisions are made ethically. Analysis The organization that has in the news during the past two years is Apple. This American multinational conglomerate is headquartered in Cupertino, California. The hardware products of Apple include the iPad tablet computer, iPhone Smartphone, iPod portable media player as well as Apple smart watch. Steve Jobs, Steve Woznaik and Ronald Wayne founded the company in the year 1976. It was incorporated as Apple Computer Inc. in the year 1977 and was renamed as Apple Inc. in the year 2007 in order to reflect its modified focus towards consumer electronics. It is considered as the principal information technology in the world by proceeds (Balles, et al., 2015) However, the company started facing ethical dilemma during the period when the headship of Apple was picked up from Steve Jobs. Initially Steve Jobs was working with Atari, however in the year 1976 they formed the Company jointly. They together produced several innovative products jointly that in turn led to augment in sale that surpas sed the proceeds by $1 million. With every passing year, the Company had to contract out services and assigning some of its produce from overseas countries. Ethical issues are mostly comprehensive as they engross the ethics of the Company that is extremely different. The ethical breach is likely to affect the reputation of the company that in turn affects the company economically and also has massive impact on the workforce. The ethical dilemma that is related with the Company mostly deals with the poor treatment of employees in Chinese factories. Initially the Company promised to protect the employees who were habitually broken. The employees were mostly treated inhumanly like machines. According to (Clarke Boersma, 2015), a research that was carried out by a NGO exposed the distributing accusation of excessive working hours as well as draconian workplace rules at two key plants in Southern plants. Exhausted employees were filmed falling asleep during their 12 hours shifts at Pegatron factories on the outer edge of Sanghai. According to (Slade Prinsloo, 2013), despite several request for a day off, the employees were made to work for 18 days in the factory, in a row. One of the employees stated that they were allowed to eat even if they were hungry and they were also not able to sleep due to stress. On the other hand, Apple stated that it was very common practice for the workers to fall asleep during breaks. The ethical problem also deals with the infringement of its ethics by suppliers and subcontractors in order to exchange for less costly and cost-efficient production. This in turn puts the conglomerates in an extraordinarily sensitive position to make sure that these divergences in expectation do not affect productivity. Ethics are sometimes avoided when the culture of an organization is not strong enough from the top down. According to (Chan, Pun, Selden, 2013), 150 Chinese employees at Foxconn endangered to commit suicide by jumping from their factory. They mostly threatened to do this in the form of protest regarding their working condition. It was also found that little children dig out tin ore by hand in tremendously dangerous circumstance. The ethical breaches mostly took place due to the difference between economic development, legal system and culture. The Company also found itself in trouble because the human resource department got involved in discrepancy declaration, breach of the company guidelines as well as centralized laws. The Chinese employees were treated miserably and they were a minimum amount of only $5 whereas; they had to work for more than 15 hours. There are disagreement related to acceptable ethical objectives towards human rights, ecological pollution as well as dishonesty. The heavy pressure to find low-cost provider, induced Apple to globally find for the solution. The business ethics of Apple are ensured by having a set of objectives against suppliers. The ethical issues were also found in the quality of the product. In other words, the brand of Apple mostly hinges on quality and the mistakes in the quality in the year 2013 led to serious ethical dilemma (Pun, Shen, Guo, Lu, Chan, Selden, 2016). In the fast-paced electronics market, where more than a few new commodities are introduced each year, errors can become hard to detect before the introduction of the commodity. The introduction of iPhone 4 also led to ethical dilemma as the customers started complaining about reception issues. These issues were mostly caused by antenna intrusion that took place when customers held the phone a definite way. Public relation speciali sts complained about for appearing to reduce the issue rather than reacting rapidly to remedy it (Lyons, Lewis, Mayrsohn, Rowland, 2014). The Consumer Reports protested against the Company that stopped the sale of its products and as a result, Apple started offering free bumpers in order to solve the problems. In the year 2015, there was problem of ethical dilemma related to privacy. Both Google and Apple confessed that certain features on the mobile phones that they sell gather data on the location of the phone disclosed it. Most of the individuals and government viewed this as an contravention on user privacy. However, the Company proclaimed that the individuals have the option to hinder these characteristics on their phones but this was not completely true. In other words, some phones sustained to gather information related to location even after the users hindered the features. Although, both Apple and Google defend their mechanism related to data collection, most of the government officials disagree (Crane Matten, 2016). As a result, the government decided to pass legislation on the privacy of mobile. Apple on the other hand, had taken several steps to become a greener company by diminishing its environmental impact at its bbb nbamenities. However, it acknowledges that the majority o f its emission comes from its goods. According to (Arndt Ewe, 2017), it was stated that Apple contributed more than 9.5 million metric tons of metric gases that was released during the production of iPhone. Out of 9.5 million metric tons, 3 percent came from its facilities whereas; 97 percent came from the lifecycle of its commodities. Apple was also criticized for planned obsolescence that induced many customers to reinstate or advance their technology whenever Apple comes out with a modernized version. Since Apple mostly releases improved products, this is likely to result in older technology being tossed sideways. Another major ethical dilemma that is associated with Apple is theft related to intellectual property that is pursued by the company assertively. Apple is serious about keeping its proprietary data a secret in order to thwart other companies from stealing its proposal. This in turn had to lead to several grievances between Apple and other technology companies. According to reports, Apple filed a lawsuit against Microsoft after it had licensed technology to Microsoft. Another ethical name dilemma that was found against Apple was that the Company made the use of the domain name iTunes.co.uk. However, Ben Cohen who made the use of the name already registered this domain (Chopik, 2015). The Company had also filed a lawsuit against Samsung, claiming that the Company copied the design and ideas of its iPhone and iPad for its own goods. This case was reopened on 13th January 2017 by the Federal Circuit in which Samsung was indicted of copying the design of iPhone for its Galaxy Series. The court will seek to conclude accurately how much Samsung have a loan from Apple for infringing upon the blueprint of the original iPhone. It also filed a lawsuit against a Taiwanese Smartphone company, HTC that manufactures phone from Android product of Google. HTC was accused by Apple to replicate a range of mobile phone characteristics that were initially protected under the patents of Apple. Although the lawsuit was filed against HTC, it also had an impact on Google in an indirect way. The ethical issue is whether the claims made by Apple were lawful. Most ethical dilemmas engross a divergence between the requirements of the part and the whole: the individual versus the organization or the organization versus the whole society. The organization that faces with such difficult ethical choices, often benefit from a normative approach to conduct their decision-making. There are four relevant policies that are vital to the organization such as the utilitarian policies, the individualism policies, moral rights policies and justice policies. Under the utilitarian policies, a decision maker is anticipated to consider the impact of each decision unconventional on all parties and choose the one that optimizes the satisfaction for the maximum number of individuals (Rachels Rachels, 2015). As actual computation can be multifaceted, simplifying them is considered suitable. The utilitarian ethic is cited as the origin for the current trend among companies to regulate worker personal habits such as the consumption of alcohol and tobacco. With t he help of this policies, Apple will be able conclude all of the predictable benefits and troubles that would consequence from each course of action for everybody influenced by the action. On the other hand, the individualism policy asserts that acts are moral while promoting the long-term interest of the individuals. The self-direction of an individual is supreme and exterior forces that limit self-direction should be severely restricted. Individualism is thought to lead to honesty and integrity as in the long-run it works best. This policies will help Apple to promote innovation however; it will also hinder cooperation (Shapiro Stefkovich, 2016). Due to these policies, ethical dilemma can take place that will in turn lead to loss of productivity and conflicts. The moral rights policies emphasizes that individuals have fundamental rights as well as independence that cannot be taken away by the decision of an individual. There are mostly six moral rights that require to be carried out while making a decision. The first moral right deals with the right to free approval where the individuals are to be treated as they freely consent to be treated. The second moral right deals with the right to confidentiality where individuals can select to do as they please away from work. The third moral right deals with the right of free speech where individuals have the right to criticize the ethics truthfully. The fourth moral right deals with the right to life and safety under which individuals have the right to live without endangerment. The fifth moral right deals with the right to due procedure where individuals have the right to an unbiased hearing (Weiss, 2014). The sixth moral right deals with the right of freedom of sense of right and wrong where individuals may abstain themselves from carrying out any order. The leader requires to consider these six objectives while making a decision. Lastly, the justice policies deal with the fact that all moral decision are based on standards of fairness as well as impartiality. The employees of Apple will be facilitated by ethics to feel a connection between their individual values as well as the values of the trade. Ethical principle is mostly required in the work place in order to place an increased importance on commitment and belief that is specified by all managerial leaders. Ethics is measured as the heart of leadership as they go together. Leaders mostly require a systematic analysis strategy as part of their plan in order to determine how to make good decision related to unethical behavior. The scope of responsibility of a leader is mostly illustrated by a good decision. The theory of management comprises two ethical assumptions that Rae related to leadership and decision-making. The first ethical assumption is that setting up precedence with an attention on key areas will produce exceptional results (Ford Richardson, 2013). The second ethical assumption is that creating effectual decisions will optimistically affect the place of work. A set of six pillars are related to a setting of the business and it is always required to create a connection between a good system of value and the potential of the leaders. Among the set of six pillars, the first pillar deals with reliability that comprises sincerity, loyalty, integrity as well as dependability. The second pillar deals with paying attention to others and accepting individual dissimilarities. The third pillar deals with accountability that comprises responsibility, self-control and the chase of superiority. The fourth pillar is justice that deals with not taking benefit of others. Caring is also the part of the pillar that deals with sympathy, understanding, and self-sacrifice. Lastly, the sixth pillar is citizenship that deals with defense of the environment and operating within the law (Schwartz, 2013). It is imperative for leaders to stick on to the above-mentioned six pillars to take a good decision on a daily basis that requires to be based on ethical point of view. This will in turn lead to the creation of an ethical environment that will be followed by each employee. A decision-maker or a leader requires to take alternative decision between those important values that mostly diverges and leads to ethical dilemmas (Ramanan Taback, 2016). It is imperative to preserve a cautious equilibrium to a probable extent to make the most of the values and also to keep them away from immoral decision-making. At present, most businesses make use of deceitful business practices to achieve financial constancy. Apple, for instance made a business deal of $90 billion in cash reserves in order to introduce a global technology juggernaut. On the other hand, regardless of the business deal the workers of Apple attempted suicide that in turn again led to ethical dilemma (Ferrell Fraedrich, 2015). These dilemmas involve several stakeholders and the outcome is marked by ambiguity. However, providing training related to ethics can reduce such ethical conflicts. Conclusion It can be concluded that value system is mostly reflected by ethical behavior that in turn rises out of a logical worldview on the basis of equity and justice. The leaders require facing the complexity that is involved in the making of ethical choices. The leaders are required to discuss the ethical gray areas and recognize the complexities related to work life. In order to ensure organizational decisions are made ethically, a leader should not separate ethics from daily business. They should make it clear to their workers that ethics is the way an individual operates and not a training program or a reference manual. They should not exempt the workers from meeting ethical probabilities. They should make sure that no one is exempted from meetings where ethical standards are adopted. A leader should discuss about ethics as a continuing learning journey. Ethical leadership helps to bring credibility as well as respect that will help to establish the workers. It also helps to create a go od climate within Apple. The leaders should make sure that the code of ethics necessitates to be based on managerial values as well as beliefs of ethics. Codes necessitate the responsibility of the leader of the company as well as other highly developed levels of management. The demand of several electorates and stakeholders also requires to address to make sure that organizational decisions are made ethically. References Arndt, H. K., Ewe, C. (2017). Analysis of Product Lifecycle Data to Determine the Environmental Impact of the Apple iPhone. In Advances and New Trends in Environmental Informatics (pp. 3-13). Springer International Publishing. Balles, S., Butcher, G., Chaudhri, I., Ive, J. P., Rowe, E., Sabatelli, A. F., et al. (2015). U.S. Patent No. D738,889. Washington, DC: U.S. Patent and Trademark Office. Bums, J. S. (2016). Chaos theory and leadership studies: Exploring uncharted seas. . Journal of leadership organizational studies. Chan, J. (2013). A suicide survivor: The life of a Chinese worker. New Technology, Work and Employment, . Chan, J., Pun, N., Selden, M. (2013). The politics of global production: Apple, Foxconn and China's new working class. . New Technology, Work and Employment, . Chopik, W. J. (2015). Relational attachment and ethical workplace decisions: The mediating role of emotional burnout. Personality and Individual Differences. Clarke, T., Boersma, M. (2015). The Governance of Global Value Chains: Unresolved Human Rights, Environmental and Ethical Dilemmas in the Apple Supply Chain. Journal of Business Ethics, , 1-21. Crane, A., Matten, D. (2016). Business ethics: Managing corporate citizenship and sustainability in the age of globalization. Oxford University Press. Ferrell, O. C., Fraedrich, J. (2015). Business ethics: Ethical decision making cases. . Nelson Education. Ford, R. C., Richardson, W. D. (2013). Ethical decision making: A review of the empirical literature. In Citation classics from the Journal of Business Ethics . . Springer Netherlands. , (pp. 19-44). Lyons, E. J., Lewis, Z. H., Mayrsohn, B. G., Rowland, J. L. (2014). Behavior change techniques implemented in electronic lifestyle activity monitors: a systematic content analysis. . Journal of medical Internet research, , 16(8), e192. Pun, N., Shen, Y., Guo, Y., Lu, H., Chan, J., Selden, M. (2016). Apple, Foxconn, and Chinese workers struggles from a global labor perspective. . Inter-Asia Cultural Studies, . Rachels, J., Rachels, S. (2015). The Utilitarian Policies. The elements of moral philosophy. 8th ed. McGraw-Hill Education. Ramanan, R. R., Taback, H. H. (2016). Ethics and Corporate Social Responsibility for Spirituality and Sustainability. In Spirituality and Sustainability . Springer International Publishing. Schwartz, M. S. (2013). Developing and sustaining an ethical corporate culture: The core elements. Business Horizons,. Shapiro, J. P., Stefkovich, J. A. (2016). Ethical leadership and decision making in education: Applying theoretical perspectives to complex dilemmas. Routledge. Slade, S., Prinsloo, P. (2013). Learning analytics: Ethical issues and dilemmas. American Behavioral Scientist,. 57(10), 1510-1529. Tsai, H. T., Pai, P. (2014). Why do newcomers participate in virtual communities? An integration of self-determination and relationship management theories. Decision Support Systems,. 57, .178-187. Weiss, J. W. (2014). Business ethics: A stakeholder and issues management approach. . Berrett-Koehler Publishers. Apple 'failing to protect Chinese factory workers' - BBC News. (2017).BBC News. Retrieved 21 January 2017, from https://www.bbc.com/news/business-30532463 Chokkattu, J. (2017).U.S. Court of Appeals officially reopens the Apple vs. Samsung patent case.Digital Trends. Retrieved 21 January 2017, from https://www.digitaltrends.com/mobile/apple-vs-samsung-supreme-court/

The Main Drivers Stimulating Globalisation free essay sample

The following essay looks at the main drivers stimulating globalisation and how they impact on global strategies. Globalisation is about the increased interaction and linking of world societies and there economies. The world economy is now more closely linked than ever through global markets and the global organisation of the production of goods and services. â€Å"Globalisation is a process in which the world appears to be converging economically, politically and culturally. Globalisation is seen by many as a fundamental change where national borders become irrelevant, a process accelerated by development in information and communications technology. † (Needle, 2004) The first and probably the most important driver stimulating globalisation is the triumph of economic neo-liberalism with regards to changes in government policies. Neo liberalism is a set of economic policies that have become widespread over the past 25 years or so. These economic policies have on the whole been looking at reducing barriers to the movement of goods, services and capital across national borders. We will write a custom essay sample on The Main Drivers Stimulating Globalisation or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Many people believe the most important being the reduction of government created barriers to trade such as tariffs and quotas(GATT/WTO) which in the past would have minimised and stifled international trade. These changes in government policy interventions saw an increase in the moving from government controlled systems/business’s to privately run business’s that are run for profit which really kick started competition within the market. Due to these reductions in barriers to trade and tariffs business’s can look at the world as one big global market, they can export and import goods for a minimum cost, they can base production at a location to optimise production and therefore lowering costs(greater economies of scale) and they also have a greater access to cheaper raw materials in order to become more cost efficient. Another driver is the vast and growing spread of international governance and regulations, this being vaster regulations across many countries . This move from shallow to deep integration has seen regulations become more standardised across a variety of countries, has lowered barriers and resulted in more cross border activity. A linked world economy has been made much easier by the agreement on global standards , there are many global and regional organisations such as the UN,WTO and the EU that have contributed to this process of standardisation. If we take the EU this is a political economic community of 27 member states located in Europe. The EU has created a single market through the standardisation of systems and laws which apply in all member states, this guarantees the freedom of movement of people, goods services and capital. These type of policies and regulations have really drove globalisation as it is now easier to trade in different countries, source materials, get funding and recruit people from these countries as workers. This can lead to companies maximising production as they have a greater amount of skilled labour to choose from. They can also cut costs as they can recruit and pay foreign workers at minimum levels. The regulation of laws on things such as product quality has also had a great effect. Organisations can now buy materials from certain countries cheaply knowing they have to be of a certain quality dictated by EU law, this makes the market more accessible and global. The emergence of worldwide financial markets and better access to external financing has had an impact on globalisation. The additional trade and investment generated by globalisation required a greater financial mobility which was helped by the removal of restrictions on the movement of capital through banking, stock markets and the WTO. This made it easier for companies to source financial backing anywhere in the world making the idea of trading internationally far more appealing to many organisations. In addition to consumer goods financial goods such as foreign exchange, shares and insurance are now also traded globally. New stock exchanges have been created and emerged around the world in order to meet this expansion of global trade in the financial sector. It has been thought that much of the cross border activity that occurs now is flows of financial capital. Although this is good for investors and means companies can get funding and investment from throughout the world so much easier now it also has its drawbacks and can lead to a crisis within economies. This was highlighted in the financial crisis that hit Asia in 1997, Asia as an economy was growing which attracted many investors to invest money within various area of the Asian economy at that time. When the economy slowed and there was rumour of a crisis many investors withdrew leaving the economy and many business’s in financial ruin. Technological advancements and innovations have effected globalisation as the world now has become a smaller place, things are now readily available and accessible throughout the world wherever you are. The world economy is now networked electronically through innovations in transport particularly in air travel and communications. People and businesses can now contact each other quickly and efficiently throughout the world through the internet, e-mail, telephones etc so wherever the company is situated they can contact each other at minimum costs. Advancements in transportation have had a major influence on companies going global. They can now transport goods and bring in raw material from all over the world quickly, efficiently and at a minimum cost. This is down to transportation speed and the ability to get access to quicker methods of transport now than in the past. Aeroplanes can now transport goods anywhere in the world quickly and cost effectively. In the past companies could only source and get goods locally as these methods of transport weren’t available or feasible. We can see that such developments in transport and communications have made the movement of people, goods, money and services much easier and have really been a major influence in globalisation and its attractiveness. The final driver of globalisation is social and cultural convergence there is now an increased circulation of people of all nations around the world due to there being fewer restrictions on travel etc. People want and will search for global products as everything is now more accessible. There has been a change in individual tastes and preferences which are in the direction of favouring greater choice in the range and origin of goods and services. This is attractive for firms as they no there are potentially profitable international markets that want there products. There has also been a change in cultures there has been a growth in cross-cultures. People have the desire to enjoy foreign products and ideas, adopt new technology and have a real desire to participate in a world culture. This has lead to a change in peoples values, collectivism is being replaced by individualism in many countries, they are changing more from traditional societies to more modern ones which increases demand for international products from other countries. There are various types of strategies that an organisation can implement that are also influenced by the main drivers stimulating globalisation. The first and most simple would be a home replication strategy this is when a firm takes the strengths of the business and looks to replicate that in the international markets that they want to move into. This strategy is usually more popular with smaller business that target a niche market, they look to expand into other markets and target niche markets within that market. The multi domestic strategy which is the strategy most firms take assumes that consumers needs and wants differ from country to country. To become competitive in these markets they tailor there product and operations to suit that country. The power within the organisation is de-centralized to strategic business units in each country and power is given within these business units to managers to make decisions in that particular country. The main driver behind this strategy is the varying cultures between countries in the world. It would not make sense to sell certain products in countries that have strong feelings against the product and will not purchase it. The best way to become competitive in these markets is to differentiate your product within that country. E. g. McDonalds not selling beef in India as they do not eat beef and selling chicken instead is a prime example of a multi-domestic strategy. The Global strategy is based upon the idea that consumers want the same things wherever they are in the world. Within this strategy the organisations products and services are the same across all markets throughout the world. This design is based upon the worldwide centralisation of decision making and control at the headquarters of the organisation. It is the head office of these companies that make all the key decisions regarding production, marketing etc and tell the head of the strategic business unit in each country what to do, the only decisions they make are with regards to the legal side of the country the company are doing business in to make sure they are working within the law. If done well this strategy can allow the organisation to achieve economies of scale. The main drawback within the strategy is it is not flexible to local markets and is very difficult to respond to changes within the local market because of how centralised it is. The transnational strategy is when the organisation tries to achieve both a global efficiency and an ability to respond to local market needs . This can be difficult to achieve because there is a real emphasis on the strong central control of the organisation as well as coordinating the activities to achieve efficiency and being responsive to the local market. An example of this local responsiveness with global efficiencies would be a car manufacturer manufacturing cars for the left hand side and right hand side drivers. They create a uniform product e. g. body of car created then tailored to specific market depending on what side of the road you drive on. As we can see there are many drivers that stimulate globalisation and also many strategies that can be taken but when going global there are also many things that need to be taken into consideration when deciding on a strategy. Trade blocs need to be considered as they influence the ease of access to particular markets and influence costs of trading in different regions of the world e. g. EU, NAFTA. This may be a hindrance due to added cost of setting up and blocs on trading but if you were to locate within a trading bloc this could help reduce long term trading costs and be a beneficial strategy e. g. Japanese companies building plants in the UK to help overcome exposure to the common external tariffs. Economic factors need to be considered such as tax systems, financial markets- can capital be raised and easily moved within that area. Prices of things such as oil and petrol will influence decisions as transportation costs will be effected by this. Interest rates and exchange rates might also play a factor in influencing strategy as they effect costs making it less or more feasible to move into that market. Social factors may also be relevant such as religious considerations and the appropriateness of selling your product in there country e. g. selling alcohol in a Muslim country may not be a good strategy. Also ethical and cultural issues should be taken into account when thinking of setting up in various countries as many cultures will not except certain products. Other factors such as capability of the workforce in certain countries will need to be considered as if the appropriate skilled labour isn’t available in that country it may not be a worthwhile option. The access to technology can have a major influence on global business strategy such as access to the internet, pc ownership, sales technology, processing payments and sales is this technology available and easy to use, compatibility of technologies used e. . accounting systems and language differences may also have an impact on strategy. From this essay we can see there are many drivers that have stimulated globalisation over past decades. These drivers have had a major impact on strategies that are taken by organisations. It is important for an organisation when going global to look at all the factors involved and imp lement the correct strategy in order for them to be successful.

Free Essays on Double Binds Present In Childrens Books

There are many double binds, dualisms, and constructs that try to limit what and what not women should do in today’s culture. The Binds That Tie by Kathleen Jamieson and Male Is to Female as ____ is to ____ by Katheryn Cirksena and Lisa Cuklanz both talk about these binds and dualisms . Binds are present in almost all forms of present media. In this paper, I will take the children’s book Elephant Eats the Profits by Jacquelyn Reinach and analyze three specific binds that the main character, Enormous Elephant, is subjected to. These binds are mind and body, public and private, and femininity and competency. Katheryne Cirksena and Lisa Cuklanz identify mind and body as a dualism of western thought. Enormous Elephant is subjected to this dualism. The mind and body dualism, according to Katherine Cirksena and Lisa Cuklanz is the belief that women are less evolved. They are also â€Å"both less intellectually capable and more closely tied to the animal and natural world† (Cirkensena, Cuklanz 33). Another point of the mind and body dualism is that women’s role should consist of childbearing and care taking. It is the male’s who are supposed to encompass â€Å"all activities thought to constitute culture including art, architecture, music, finance, skilled and unskilled trade, industry, and politics† (Cirkensena, Cuklanz 34). Basically, women are portrayed as uncreative, un-intellectual, and incapable of success outside of the home. It is supposed to be the men who take care of everything else. Women are also expected to achieve ideal body weight and appea rance. This is so they can find a man who will provide for them so they can stay at home. Enormous Elephant is a perfect example of all of these points. She is a single women who lives on her own. She owns a market, but it is close to going out of business. Ironically it is about to go out of business because her obsession is cooking and eating. She spends all of her... Free Essays on Double Binds Present In Childrens Books Free Essays on Double Binds Present In Childrens Books There are many double binds, dualisms, and constructs that try to limit what and what not women should do in today’s culture. The Binds That Tie by Kathleen Jamieson and Male Is to Female as ____ is to ____ by Katheryn Cirksena and Lisa Cuklanz both talk about these binds and dualisms . Binds are present in almost all forms of present media. In this paper, I will take the children’s book Elephant Eats the Profits by Jacquelyn Reinach and analyze three specific binds that the main character, Enormous Elephant, is subjected to. These binds are mind and body, public and private, and femininity and competency. Katheryne Cirksena and Lisa Cuklanz identify mind and body as a dualism of western thought. Enormous Elephant is subjected to this dualism. The mind and body dualism, according to Katherine Cirksena and Lisa Cuklanz is the belief that women are less evolved. They are also â€Å"both less intellectually capable and more closely tied to the animal and natural world† (Cirkensena, Cuklanz 33). Another point of the mind and body dualism is that women’s role should consist of childbearing and care taking. It is the male’s who are supposed to encompass â€Å"all activities thought to constitute culture including art, architecture, music, finance, skilled and unskilled trade, industry, and politics† (Cirkensena, Cuklanz 34). Basically, women are portrayed as uncreative, un-intellectual, and incapable of success outside of the home. It is supposed to be the men who take care of everything else. Women are also expected to achieve ideal body weight and appea rance. This is so they can find a man who will provide for them so they can stay at home. Enormous Elephant is a perfect example of all of these points. She is a single women who lives on her own. She owns a market, but it is close to going out of business. Ironically it is about to go out of business because her obsession is cooking and eating. She spends all of her...

Using the Spanish Verb Poner

Using the Spanish Verb Poner The Spanish verb poner is one of those verbs that can be difficult to translate. It has a wide variety of meanings - just as does the English verb put, which is perhaps the verbs most common translation into English. Originally, poner conveyed the idea of placing something somewhere. However, its meaning has expanded over the centuries to include abstract concepts such as the placement of ideas or concepts or bringing about various kinds of changes. It is often used in the reflexive form (ponerse). Keep in mind that poner is conjugated highly irregularly. Irregularities occur in both the stem and the endings. Key Takeaways: Poner Poner  is an irregular verb that most commonly means to put. Poner has multiple definitions. It generally conveys the idea of changing a location or status of something or someone, either literally or figuratively.Poner  can be used reflexively, such as when it means to get dressed. Meanings of Poner Following are some of the meanings of poner, along with sample sentences, that can be ascribed to poner. This list is not complete. Note that many of the English translations could have been made using put; in practice, you often can do the same. Alternative verbs have been used to convey the idea that poner has many meanings. Placing Objects or Arranging Siempre pone las llaves en el escritorio. (He always puts the keys on the desk.)Todos los dà ­as sale de su casa a las 8:30 de la maà ±ana y pone el telà ©fono celular en la consola de su auto. (Every day she leaves her house at 8:30 a.m. and places her cell phone on the console of her car.)Puso la mesa para la maà ±ana siguiente. (He set the table for the next morning.) Putting on Clothing Se pondr la camisa que ms le guste en ese momento. (He will put on the shirt he likes most at the time.)Al llegar a la piscina me puse las gafas. (When I arrived at the swimming pool I put on my goggles.) Investing or Contributing Money Si ponemos 1000 pesos, en un aà ±o recibimos 1030. (If we invest 1,000 pesos, in a year we will receive 1,030.)Puso tres dà ³lares en el juego de La Rueda de la Fortuna en el casino. She gambled $3 on the Wheel of Fortune game at the casino. Effecting Change Puso el coche en revà ©s. (He put the car in reverse.)Las elecciones pusieron fin a la revolucià ³n. (The elections put an end to the revolution.)La lesià ³n del hombro me ponà ­a en un aprieto. (My shoulder injury put me in a bind.)Si hay algo que la ponà ­a de mal humor era el verano, el calor. (If there is something that put her in a bad mood, it was the summer, the heat.)Pusieron la casa en venta cuando se mudaron a Los ngeles. (They put the house up for sale when they moved to Los Angeles.) Becoming Se puso muy triste. (He became very sad.)Akira se puso azul por momentos y casi devuelve lo que habà ­a comido en una semana. (Akira turned blue for a short time and almost threw up what she had eaten during the week.) Designating Sà ­, es verdad que le pusieron Pablo Pingà ¼ino. (Yes, its true they called him Pablo Pingà ¼ino.)El Departamento de Justicia puso dos millones de dà ³lares como precio por la cabeza de Benjamà ­n. (The Justice Department set $2 million as the price for Benjamins capture.) Showing or Displaying  ¿Quà © ponen esta noche en la tele? (What is on TV tonight? Literally, what are they showing on TV tonight?) ¿Tienes una gran foto?  ¡Ponla en tu sitio web! (Do you have a great photo? Show it on your website!) Phrases Using Poner In addition to having a wide variety of meanings on its own,  poner  is part of various phrases and idioms whose meanings arent always obvious. Here are some of the common ones: Poner bien a alguien  (to have a high opinion of someone)  -   Como era el ms inteligente de los tres, me ponà ­an bien.  (Because I was the smartest of the three, they thought highly of me.)Poner en claro  (to make clear)  -   Con su permiso, pondrà © en claro el concepto de inflacià ³n.  (With your permission Ill make the concept of inflation clear.)Poner en marcha  (to start)  - Luego, puse el coche en marcha.  (Later, I started the car.)Poner en juego  (to put in danger)  -   La guerra pone en juego el futuro de la ONU.  (The war puts the future of the U.N. in danger.)Poner en riesgo  (to put at risk)  -   El mal tiempo puso en riesgo el helicà ³ptero en el que viajaba el presidente.  (The bad weather put the helicopter that the president traveled in at risk.)Poner huevo  (to lay an egg)  -   Tengo dos canarias hembra que no ponen huevos.  (I have two female canaries that dont lay eggs.)Poner pegas  (to object)  -   Nunca p onà ­a pegas a nada. Todo lo parecà ­a bien.  (I never objected to anything. Everything seemed fine.) Poner por encima  (to prefer)  -   Ponà ­an el negocio por encima de todo.  (They made business their highest priority.)Ponerse colorado  or  ponerse rojo  (to be embarrassed or ashamed, to blush, to turn red)  -   Era muy tà ­mido. Si alguien me decà ­a algo me ponà ­a rojo y sudaba.  I was very shy. (If someone told me something I would blush and sweat.)Ponerse de pie  (to stand up)  -   Se puso de pie y golpeà ³ el escritorio con el puà ±o.  (He stood up and pounded the desk with his fist.)Ponerse de rodillas  (to kneel, to fall to ones knees)  -   El jardinero se puso de rodillas, implorando el perdà ³n de su imprudencia.  (The gardener fell to his knees, begging forgiveness for his carelessness.)

Material and Inventory Findings Essay Example | Topics and Well Written Essays - 1000 words

Material and Inventory Findings - Essay Example In this case, the troubles experienced with materials and parts on a regular basis signal that the underlying problem is hidden and should be detected and explored further. Although number of the solutions to the symptom problems is available, ranging from the radical moving the S close to T and P to, for example, more frequent deliveries from S, the problem is not the physical flow of the parts but the informational flow between the divisions. There are "gaps" or "gray areas", as Steven Spear and H. Kent Bower name them, in the information flows and the relationship between the supplier (facility S and its three manufacturing divisions) and customer (facilities T and P) with regard to the product supplied (parts and assembly materials). The above mentioned two authors in their article Decoding the DNA of the Toyota Production System (1999) formulate an important rule with regard to customer-supplier relationship within the company's supply chain and internal production system. They emphasize that every connection must be standardized and direct, unambiguously specifying the people involved, the form and quantity of the goods and services to be provided, the way requests are made by each customer, and the expected time in which the requests will be met (p. 100). The rule creates a supplier-customer relationship between each person and the individual who is responsible for providing that person with each specific good or service. As a result, there are no "gray zones" in deciding who provides what to whom and when. In Oregano plants manufacturing system embracing facilities S, T, and P does have the "gray zones". It is the result of ambiguous and not streamlined flow of physical parts and information between the facilities. It should be also noted that all the three facilities have different process design and their needs are slightly different. Nevertheless, the facilities T and P, having the single high-volume customer and limited product line range, face the certain demand situation. It is true for the S facility as well, with regard to the demand for the parts from two other divisions, which is derived in nature. Quality control is another issue to be addressed. Possibility of having up to seven subsequent shifts of producing the defective parts in the molding department due to the machine malfunctioning and raw materials defects, indicates that the currently established raw materials, process and finished goods quality control system does not work out. Recommendations: The adequate documentation flow system should be developed, implemented and monitored for possible improvements on a regular basis. The produced, shipped, received, and consumed components should be entered into the system in a correct way and

Workshop report- the policy process Essay Example | Topics and Well Written Essays - 1000 words

Workshop report- the policy process - Essay Example During the workshop, all participants would bring their own experiences and would learn wider experiences and lessons from others. The workshop objectives were outlined: Dr. Werner presented an article about systematic competitiveness done by the scientists of a German Development Institute explaining that industrial competitiveness does not result from a stable macro-economic framework or of entrepreneurship in the micro-level. It is rather the dynamic interaction between state, enterprises and intermediate institutions and the capacity of the society to organise itself. Our nation if it wants to develop competitiveness in this way has to adopt new policies that will reduce costs and increase revenues. It was clearly shown that the macro level has to secure stable conditions which guarantee the functioning of the market. This is to be done through prioritising the budget and fiscal policy in maintaining a stable monetary value and a governable budget deficit in the country. However, it was shown that the developing countries have been unable to hit this measure. The trade policy under this macro level was said to have promoted active integration either by general or selective liberalization of imports. The ability of our markets to avoid exchange rates with an anti-export bias was viewed as the tool that facilitated the creation of macro-level conditions thereby increasing industrial exports. Under the micro-level it was founded that the enterprises must manage their technology and organisational structures and innovations. Continuous products and process innovation was said to be as a result of efficient management technology. However, we were taken through a study of the Japan industry which had been done by one of the researchers present had proved the opposite. A new concept was therefore developed which provided that industrial production shall be streamlined in a three-propositional

How Tax Cuts can revive the Economy Essay Example for Free

How Tax Cuts can revive the Economy Essay Tax cuts have been employed in the government’s fiscal policy especially during times of economic slowdown to revive the economy. When the economy is slumping, the people’s consumption power also slumps. The aggregate demand for goods and services in the market also falls. This creates a shock wave which hits industries like manufacturing, the housing sector and the service industry hard, leading to rising levels of unemployment (Toomey Soloveichik 2009). At such a time, a cut in taxes becomes one of the mechanisms available for pumping some life into the economy. Tax cuts for economic revival target especially people in the lower and middle classes. When implemented, tax cuts increase the amount of disposable income, that is, income after taxation, in the pockets of these people. Disposable income is perhaps the most critical factor in consumption. The availability of more money to spend in the pockets of the masses raises the aggregate demand for goods and services, creating jobs in the various sector of the economy therefore increasing the Gross Domestic Product (GDP) (Toomey Soloveichik 2009), a key indicator of the state of the economy. A cut in taxes works like a raise in salary. Tax cuts take effect through the multiplier effect which can be defined as the ratio of change between aggregate economic output (represented by the GDP) and a change in taxes since not all disposable income after a reduction in taxation rates actually translates to direct consumption. The multiplier, obtained by multiplying the marginal propensity to consume with the expenditure multiplier, is used as an indicator to the change in fiscal policy induced government taxes required to result to a desired level of aggregate output. If coupled with increased government expenditure on services like health and education (which could actually be termed as an integral part of the cuts or economic stimulus package), tax cuts can revive the economy (Toomey Soloveichik 2009).

Why Write Reports? Essay -- Writing

Have you ever felt irritated or discouraged when asked to write a report? Do we do report writing because of some bureaucratic regulation? We would rather do the ‘real’ work by recruiting workers and training them besides organizing meetings instead of the boring writing. Function of the introduction is to state clearly the reasons for discussing the particular subject. Just why was the report written? This is to indicate the importance of the subject to the reader, relate the report to previous and similar work, and to make the objectives clear. The extent to which background is given depends largely on the type of paper being written. Often a few, references are available to tie the new work to what preceded it and to the few studies that it touches immediately and directly. Summary papers that establish stepping stones in the advance of a field help relate increments to the background. Function of introduction is to lay out the organization that will be followed in the report. Just how is your subject going to be discussed? We should give the readers a peek to what to do; furnish them an itinerary. Meanwhile for the style of the Introduction is to construct the first, or theme, sentence so that we can capture the attention and immediately focused on the precise subject to be treated besides, on the method of approach. Again, keep your readers' viewpoint uppermost in mind. The ease of writing this sentence is in direct proportion to the clarity of the subject being presented. Where you have a clean-cut, definite accomplishment to report, the theme can be stated easily. But if the work has wobbled and wandered the theme can be stated only with great difficulty. Keep in mind about the remarks about the ease or di... ...e told in the report: what it is about, why it is being told, and how it will be told. Write continuously without breaking the flow of ideas and clear understanding. Then criticize and revise the finished report. Some writers may need to rewrite the Introduction and the theme sentence several times. This is essential to make a good report because it is undeniable that to rate a good report, it shall start from the introduction itself. Just like a thick novel, a reader will read the synopsis or introduction first and buy whichever book that succeeds in catching their attention. Works Cited ï‚â€" Eunson, B 1994, Writing and presenting reports, The Communication Skills Series, John Wiley & Sons, Milton, Queensland. ï‚â€" Guidelines for essay and report writing, 1995, Elton Mayo School of Management, UniSA, Adelaide. ï‚â€" www.canberra.edu.au ï‚â€" www.itmatchonline.com

Managing Financial Resources Essay

SUMMARY RESULTS AND RECOMMENDATIONS The proposed refrigerator manufacturing and sales project for Tesca Works, Inc. is a financially complicated project which on the surface, given the increase in energy costs and customer demand may seem like a winning proposition. However, when we delve further into the details of the financial projections along with projections of the future of the refrigerator market we are able to make a confident recommendation to Mr. Burton and the executive staff at Tesca Works, Inc. Using the information provided by the Tesca team we were able to create a comprehensive capital budget and cash flow analysis for the proposed refrigerator project. Through our analysis we found that the cost of capital of the project to be 13.487% and a Weighted Average Cost of Capital (WACC) to be at a value of 9.70%. Factoring in the WACC into our projections we found that if the demand maintains at an average rate the project will be at a positive Net  Present Value of $5,997,505.31 with an IRR of 13.21%, a profitability index of 8.84, and an approximate payback period of 6.84 years. Please see Exhibits below for a snapshot of the capital budget and NPV values. This information seemed to be very promising for the project in general. However, our continued analysis showed the project to be very sensitive to the sales price per unit of the refrigerator. We used the average demand scenario to produce a sensitivity analysis and found that with just a 5% decrease in the sales price of the refrigerator the NPV quickly dipped into a negative value thus showing the project to be extremely sensitive to the sales price of the refrigerator. Our scenario analysis also exposed a strong probability of the project giving a negative Net Present Value and giving a probable low Internal Rate of Return of only 4.01%. This is mainly due to the projects sensitivity to the sales price of the refrigerator and the potentially lower sales in the event of weak demand for the product. Because of the high probability for a very low IRR and negative NPV we are recommending that the project be rejected. The information we have uncovered through detailed financial analysis showed that the project is far too sensitive to lower demand and lower sales prices per unit. This is especially true for a lower sales price for the refrigerator. We found that even a small decrease in the sales price of just over 1% would cause the project’s NPV to become negative, even with an average unit sales demand. There may be potential for an average or strong demand in the marketplace, however there is too much risk to recommend project acceptance. A decision to move forward with the project would be mainly based on a ‘gut-feeling’ rather than on sound financial reasoning. Thus it is our official recommendation that Tesca Works, Inc. reject the project. 1) IMPORTANCE OF ENERGY COST SITUATION The question of energy cost being a factor of the decision to move forward with this project is of critical importance. This is because whether or not consumers are inspired to purchase a new appliance may be spurred by  increases in energy costs as well as possible tax benefits or rebates from power generating companies. Some consumers may be aware of the benefits of energy efficient appliances which may cause an increase in the normal demand for refrigerators. Tesca is in a unique position to be able to offer high efficiency refrigerators to the United States public at a time when the public is looking to reduce their use of electricity and other utility costs. When we look at the graph above it can be seen that the cost of electricity has steadily increased over the last 10 years. The price per kilowatt hour has increased almost 50% in 10 years (EIA, 2014). Thus to the consumer the price of energy is a big concern and the costs will most likely continue into the future. There is potential for an increased demand to replace aging inefficient appliances that are causing increased electrical bills for consumers. The energy cost and potential benefits to the consumer are of importance when determining the future of this project. The project is forecast to be of a positive value if the demand for refrigerators is at an average or strong demand from consumers. However, the realization of a high or average demand is mainly based on ‘gut-feeling’ rather than on sound financial information. There are too many variables in the marketplace that could cause demand to be weaker than projected. Such variables as a weak economy or recession could cause sales to drop which in turn would cause the project to lose its value quickly. 2) What is the project’s cost of equity? What is the appropriate discount factor to use for evaluating the refrigerator project? As seen in Exhibit I below, the project’s cost of equity (COE) is calculated to be 13.487%. We found this value by using the Capital Asset Pricing Model (CAPM) formula by adding the treasury note yield with the beta value, then taking the market return rate and subtracting the treasury note yield. We then multiply those values together to attain the cost of equity value of 13.487%. This means there is a rate of return on investment of 13.487%. The Beta for Tesca Works, Inc. is fairly consistent with their competition. Tesca’s beta value is at 1.3 which means that Tesca’s value has been more volatile than the market. While this means there is more risk when investing in Tesca there is also a greater possibility for higher rates of  return. Exhibit I also shows the table used to calculate the Weighted Average Cost of Capital (WACC) or discount factor which we used to evaluate this particular project. We used the following formula to calculate the WACC for this project. We know that the higher the weighted average cost of capital the less likely it is that Tesca will be creating value for its investors. The WACC helps us to determine if a company is creating value and presents the minimum return to satisfy investors and creditors. 3) Which of the two compressors should be used in the refrigerator if you decide to go ahead with the project and why? As seen in Exhibit II we determined that the CM-004 compressor should be used for this particular project. We came to this conclusion by finding the present value of the five year compressor warranty and adding that to the cost of the compressor. We used the weighted average cost of capital as the rate in our present value calculations. While the TS-L12 has a less expensive purchase price it has a more expensive warranty cost for the five year warranty period thus making it a more expensive overall compressor. When we use the present value calculations on both compressors, factoring in the warranty, we found that the present value of the CM-004 is $18.21 less expensive than the TS-L12 compressor. This makes the CM-004 compressor 4% less expensive to purchase for the warranty life of the compressor. It was important to take calculate the present values of both compressors to get an accurate comparison of the costs of the two compressors for the five year warranty costs of each compressor. While on the surface the TS-L12 may have seemed less expensive the overall cost in present dollars was higher when we factored in the value of the five year warranty on both compressors. 4) Forecast the project’s cash flows for the next twenty years. What assumptions did you use? Once we selected the appropriate compressor to use we were able to plug in  certain input values into our equations to create a cash flow projection for the entire project lifetime. We used the weighted average cost of capital value found in our earlier calculations as one of our input values. We also found the present value of the refrigerator, see Exhibit IV, by using the input values given in the financial information from Tesca such as the labor, parts, and compressor costs. We found the cost of the refrigerator to be $1,269.36, see Exhibit III. ASSUMPTIONS MADE: Certain assumptions were made when calculating the projected cash flows for the refrigerator project. We assumed inflation would remain at 2.5% and used that value to increase the sales price, variable cost, and administrative fixed costs each year. Please see Exhibit IV for a breakdown of the inputs used for the cash flow projections. This allowed us to gain a more a more realistic forecast of the project’s potential cash flows for the entire project. We also used the average demand as our base projections for the project. This is because the average demand scenario has the highest probability of 45%. We used straight-line depreciation with regard to depreciating the investment in the project over time. We detailed the first three years of the project, years zero through two with the appropriate investment amounts during each of those years. Since production and sales did not begin until year three we were able to make an assumption of potential tax returns on the invested dollars for years one and two. We used the tax rate of 25% to calculate the tax returns along with the taxable amounts for all years. See the attached spreadsheet for the detailed cash flow projections. We also assumed that since the refrigerators could be produced for a total of 20 years the entire life of the project would span from year zero through year 22. This is because the production of the refrigerators could not begin until year three, thus making the projects timeline from year zero through year 22. With this information and assumptions we found that when the units are in production and being sold the project will yield a positive annual cash flow. The working capital was found by taking the 11% and carrying it over  for each year. We used the initial Net Operating Working Capital (NOWC) found in year two then calculated the difference using 11% of the difference of the sales each year and calculated that for the entire life of the production. 5) Use the appropriate capital budgeting techniques to evaluate the project. As seen in Exhibit V we used the appropriate capital budgeting and performance measures to evaluate the life of the project. Exhibit VI displays the results of the capital budgeting analysis. We found the NPV for the average demand scenario to be $5,997,505.31 which is a positive value for the project given the average demand inputs. The Internal Rate of Return was calculated as 13.21% which, again, is a positive value and could provide for a nice rate of return on the project since it is higher than the weighted average cost of capital and the market return rate. The profitability index was found to be at a value of 8.84. Because the profitability index is higher than 1.0 that shows that the project present value is greater than the initial investments in the project. We then calculated the number of years for a payback on the initial investments in the project. We found that the simple payback of the initial investments would take 6.48 years for the average demand scenario. In simple terms, and if we only used the average demand assumptions, this project would seem to provide positive net results for Tesca. Using the average demand inputs the NPV, IRR, Profitability Index, and Payback Years are at an acceptable level. However, as we will cover in later sections, when we include probability analysis of the other demand scenarios we find that the project is less than desirable. 6) Use the average demand scenario to evaluate the sensitivity of the project’s NPV with respect to sale price of the refrigerator and the cost of the compressor.  We used the average demand scenario to produce a comprehensive sensitivity analysis of the project. We utilized three variables when conducting our sensitivity analysis, the sale price of the refrigerator, the cost of the compressor, and the project’s weighted average cost of capital. We included the weighted average cost of capital as an extra variable to get further details on the sensitivity of the project. We used a scale of 5% increments from -25% to 25% which allowed us to produce a sensitivity analysis with adequate details. Please see Exhibits VIII and IX for the numerical details and sensitivity graph for the project. The sensitivity analysis uncovered the following critical information with respect to how sensitive the NPV of the project was to the given variables. Sales Price Sensitivity We found that even a small decrease in the sales price of the refrigerator of just over 1% caused the project’s NPV to become negative. The graph in Exhibit IX shows the steep sensitivity line with respect to the change in the sales price per unit. Even with an average sales demand, if the price dropped to 15% which is approximately the same sale price of our weak demand scenario the NPV was substantially below zero at a negative value of $-57,667,920. With each 5% increment the NPV values sometimes increased or decreased at a rate that doubled or more because of the projects extreme sensitivity to the sales price of the refrigerator. The profit margin on the refrigerator of 19.41% and markup of only 24% does not leave much room for a price reduction in the sales price of the refrigerator. The data also points to a wide range in NPV with respect to the sales price of the units. There was a total range of over $212 million for the sensitivity of the sales price per unit. This d ata leads to the discovery that the project is extremely sensitive to the sales price of the refrigerator. Compressor Cost Sensitivity The project was not as sensitive to the cost of the compressor, however, it did not take a large percentage increase in the cost of the compressor to throw the NPV of the project into a negative value, just over 5%. Exhibit IX’s graph shows the sensitivity lines for the project. The compressor sensitivity is not nearly as steep as the price sensitivity per unit. Because the cost of the compressor affects the profit margin on each refrigerator the lower the cost of the compressor the better the NPV because  of the increased profit margin per unit. 7) Based on the scenario and sensitivity analysis you performed above, comment on the overall riskiness of the project. Based on the scenario and sensitivity analysis we were able to determine that the project is of a high risk nature. There are several factors that make this project such a high risk which include the narrow profit margin per unit, the uncertainty of the future market, the high cost per unit, and the high administrative costs. Through a scenario analysis we analyzed the three potential demand scenarios for this project. We used the weak, strong, and average demand scenario variables to formulate the probabilities for the project. We found that the probability of the NPV is a significant negative value of $-6,300,213, see Exhibit VII for details of the scenario analysis. We also found that the probable IRR of the project was very low at 4.01%. Given the low IRR probability of 4.01% that means it is significantly lower than the S&P 500 market return of 11% and barely a point higher than the 10-year treasury note yield of 2.71%. The low probable internal rate of return is another red flag for the riskiness and viability of the refrigerator project for Tesca Works, Inc. The weak demand scenario produced significant negative values for the NPV and the internal rate of return (IRR). The weak scenario also produced a non-existent payback period within the 20 year production lifecycle of the project. With each scenario the selling price and unit sales were changed, however, the high cost of each unit and administrative costs remained the same, thus adding to the risk of the project since it is highly reliant on an average or strong demand and higher sales prices per unit. While the project has the potential of a very high NPV, IRR, and payback period with a strong demand, the projects sensitivity to price and market demand make this a very risky project to undertake at this time. If there were ways to increase the profit margin or decrease the fixed costs of the project that may help decrease the risky nature of this particular project. 8) Would you recommend that Tesca Works accept or reject the project? What is the basis for your recommendation? We would not recommend this project for Tesca Works, Inc. Our recommendation is for Tesca management to reject the project. Our analysis has shown this project to be too sensitive to market shift and too risky to undertake at this time. While there is excitement across the country for more energy efficient appliances, we feel that the project poses some significant risks for Tesca. The successful outcome of the project truly relies on the demand from consumers. Their demand will determine the selling price and sales volume of the refrigerator units. If this demand is barely below the average demand we will see a negative NPV for the project and thus a negative result for Tesca Works, Inc. Recent economic history in the United States has shown the economy to be unstable and may not provide an average or strong demand for the product. While we feel the energy costs across the country could be of significant importance for a project of this nature we do not feel that there is enough lee way in the profit margin of the project to be economically feasible should demand be lower than anticipated. Our analysis showed the project to be very sensitive to the sales price per unit value of the refrigerator. We used the average demand scenario to produce a sensitivity analysis and found that with just a 5% decrease in the sales price of the refrigerator the NPV quickly dipped into a negative value thus showing the project to be extremely sensitive to the sales price of the refrigerator. Our scenario analysis also exposed a strong probability of the project giving a negative Net Present Value and giving a probable low Internal Rate of Return of only 4.01%. This is mainly due to the projects sensitivity to the sales price of the refrigerator and the potentially lower sales in the event of weak demand for the product. The project’s profit margin is too close to allow for market demand fluctuations which would cause the project to have a negative net present  value. If Tesca were to offer the refrigerator at a higher sales price this would yield a stronger profit margin and may alter the recommended rejection of this project. As we discussed the project is far too sensitive to changes in the sales price of the refrigerators. Even with an average demand of sales volume, if we reduce the sales price we begin to see a negative NPV for the project. Thus, the project is too sensitive to minor changes in the profit margin of the refrigerators. Which is why we are recommending a rejection of this project for Tesca Works, Inc.

The Hole in the Wall

Today I finally found an apartment to live in, it's not much but what can you expect? I'm still in college so this is all can afford. The apartment is pretty run down, i was cleaning it up the best i could when i discovered a hole in the wall, it had paper stuffed inside it. I pulled all the paper out to find out that the hole travels all the way to the apartment room next door to mine. You have a clear view of the whole apartment, i could easily spy on my neighbour if i really wanted to. At least it's not a big hole i thought to myself, it's about the size of a golf ball. I reached for my phone to check the time. It's 8:20am. I grabbed the paper and forced it back into the little hole and rushed out the door, i was going to be late for class. When classes ended for the day i decided to go straight home, exhausted, i dragged myself into the elevator. The door was starting to close when this young woman was heading quickly for the elevator. I pushed the button to hold the door open for her, she thanked then we stood in silence. I took a glance her way to realize how attractive this woman was, she had long brown hair and gorgeous green eyes, she looked really smart and put together, i couldn't take my eyes off her. When the elevator stopped on my floor i was surprised to see her get off behind me. I walked for my apartment door to find out that this very attractive woman is my neighbour! I walked into my apartment with a huge grin on my face, thrilled that she was living next door. Later on that night my curiosity got the best of me, I had to take a little peek into the hole in the wall to see what my neighbour was up to. Lucky for me i caught her in the middle of changing. I watched her for a few minutes then decided to cover the hole back up, i don't want to push my luck. After i covered the hole up I did my homework and went to bed. I woke up to someone heavy breathing, it was really strange. At first i thought it was in my dreams but then I realized this was real life. It sounded like someone was struggling, gasping for air. And I'm pretty sure it's coming from my neighbours apartment. Completely terrified, i slowly pulled the paper out of the little hole in the wall. I pressed my face up against the wall and let my eyes adjust to the dark. I was completely horrified from what i saw, someone was stabbing my neighbour to death. I must of watch this person stab her a dozen times. Who ever they were really wanted to make sure she was dead that's for sure. I kept as quiet as i could, waiting for the murderer to leave the apartment, hoping to get a look at their face. When the murderer turned to leave i caught a glimpse of their face, it was a man, very tall with a very narrow face with an abnormally large nose. He would be fairly easy to identify if i were ever to see him again. I backed away from the hole and raced for my phone. I was just about to call the police when i realized I couldn't. If i called them I would have to explain that i was spying on my neighbour through a hole in my wall which sounds creepy and also suspicious. So i put my phone down and sat in my bed, trembling and scarred from what i have just seen. I didn't sleep for the rest of the night and decided to leave for school at the crack of dawn so that i wouldn't be around when someone realizes that my neighbour has been killed. I came home late that night to find two policeman outside my apartment. They started to ask me questions about my neighbour and where i was last night. They came inside my house and took a look around and they found the hole in the wall. I explained that i have only been living here a few days and it's clear that there are still some renovations that need to take place. After hours of questions the police left, tired of getting repetitive answers but I'm not going to reveal my secret so i kept with my story. I decided to put it all behind me and try to move on, the first couple nights i had a hard time sleeping but after a week everything was going good. Then again, i woke up to the same noise in the middle of the night, heavy breathing. It was coming from the apartment next door again. This time i completely panicked because there is no one living in that apartment now. It's still all taped off from the crime scene investigation, no one was been in that room other than the police. I found the courage to rise to my feet, my legs quivered as i walked over to the hole in the wall, not knowing what to expect when i remove the paper from it. I took a deep breath a pulled the paper out. I looked through the hole and saw nothing, there was no one there. I backed away from the wall and forcefully ran my fingers through my hair, i think I’m starting to lose my mind. Then i heard the noise again so i turned towards the hole again. There was a wide-open bloodshot eye starring back at me. The hideous unblinking eye starred at me as i crouched to the floor frozen with fear. Then the silence was broken by a woman’s raspy voice saying â€Å"i know you saw.†

The Life of George Washington essays

The Life of George Washington essays Flexner, James Thomas. George Washington. Little. 1967 George Washington was one of the founding fathers of the United States of America. He served as commander-in-chief of the Continental army during the Revolutionary War, and later served as the first president of the United States. His thoughts and ideas helped mold the United States into the great country that it is today. George Washington was born on February 22, 1732 in Westmoreland County, Virginia. He was the eldest son of Augustine Washington and Mary Ball Washington. He received no formal education, but he read geography, military history, agriculture, deportment, and composition. Washington later developed a powerful and convincing style of speech and writing. He enjoyed sports and social occasions, and he later became a surveyor for landowners on the George Washington was elected president of the United States in 1789, and in New York City on April 30, 1789, he took the oath of office as President of the United States at age 57. He was extremely influential in the initial operation of the new government. After the ballot he wrote, "My movements to the chair of government will be accompanied by feeling not unlike those of a culprit, who is going to the place of his execution." Washington's task was to organize a government but also create a role for the highest officer of the new nation. Both tasks earned him One of Washington's first duties of office was establishing a cabinet. He appointed Alexander Hamilton secretary of treasury and Thomas Jefferson secretary of state. Washington allowed Jefferson to pursue a policy of seeking trade with European nations. Hamilton proposed important ideas such as a funded national debt and the creation of the Bank of the United States. The first United States census was take ...

A Brief History of the Invention of Plastics

A Brief History of the Invention of Plastics The first man-made plastic was created by Alexander Parkes who publicly demonstrated it at the 1862 Great International Exhibition in London. The material, called Parkesine, was an organic material derived from cellulose that once heated could be molded and retained its shape when cooled. Celluloid Celluloid is derived from cellulose and alcoholized camphor. John Wesley Hyatt invented celluloid as a substitute for the ivory in billiard balls in 1868. He first tried using  a natural substance called collodion  after spilling a bottle of it and discovering that the material dried into a tough and flexible film. However, the material was not strong enough to be used as a billiard ball, not until the addition of camphor, a derivative of the laurel tree. The new celluloid could now be molded with heat and pressure into a durable shape. Besides billiard balls, celluloid became famous as the first flexible photographic film used for still photography and motion pictures. Hyatt created celluloid in a strip format for movie film. By 1900, movie film was an exploding market for celluloid. Formaldehyde Resins - Bakelite After cellulose nitrate, formaldehyde was the next product to advance the technology of plastic. Around 1897, efforts to manufacture white chalkboards led to casein plastics (milk protein mixed with formaldehyde) Galalith and Erinoid are two early tradename examples. In 1899, Arthur Smith received British Patent 16,275, for phenol-formaldehyde resins for use as an ebonite substitute in electrical insulation, the first patent for processing a formaldehyde resin. However, in 1907, Leo Hendrik Baekeland improved phenol-formaldehyde reaction techniques and invented the first fully synthetic resin to become commercially successful with the trade name Bakelite. Here is a brief timeline of the evolution of plastics. Timeline - Precursors 1839 - Natural Rubber - Method of processing invented by Charles Goodyear1843 - Vulcanite - Invented by Thomas Hancock1843 - Gutta-Percha - Invented by William Montgomerie1856 - Shellac - Invented by Alfred Critchlow and Samuel Peck1856 - Bois Durci - Invented by Francois Charles Lepage Timeline - Beginning of the Plastic Era With Semi-Synthetics 1839 - Polystyrene or PS - Discovered by  Eduard Simon1862 - Parkesine - Invented by Alexander Parkes1863 - Cellulose Nitrate or Celluloid - Invented by John Wesley Hyatt1872 - Polyvinyl Chloride or PVC - First created by Eugen Baumann1894 - Viscose Rayon - Invented by Charles Frederick Cross and Edward John Bevan Timeline - Thermosetting Plastics and Thermoplastics 1908 - Cellophane  - Invented by Jacques E. Brandenberger1909 - First true plastic Phenol-Formaldehyde (trade name Bakelite) - Invented by Leo Hendrik Baekeland1926 - Vinyl or PVC - Walter Semon invented a plasticized PVC1933 - Polyvinylidene chloride or Saran also called PVDC - Accidentally discovered by Ralph Wiley, a Dow Chemical lab worker1935 - Low-density polyethylene or LDPE - Invented by Reginald Gibson and Eric Fawcett1936 - Acrylic or Polymethyl Methacrylate1937 - Polyurethanes (trade-named Igamid for plastics materials and Perlon for fibers) - Otto Bayer and co-workers discovered and patented the chemistry of polyurethanes1938 - Polystyrene made practical1938 - Polytetrafluoroethylene or PTFE (trade-named Teflon) - Invented by Roy Plunkett1939 - Nylon and Neoprene - Considered a replacement for silk and a synthetic rubber respectively by Wallace Hume Carothers1941 - Polyethylene Terephthalate or Pet - Invented by Whinfield and Dickson1942 - Low-Density Polyethylene1942 - Unsaturated Polyester also called PET - Patented by John Rex Whinfield and James Tennant Dickson 1951 - High-density polyethylene or HDPE (trade-named Marlex) - Invented by Paul Hogan and Robert Banks1951 - Polypropylene or PP - Invented by Paul Hogan and Robert Banks1953 - Saran Wrap introduced by Dow Chemicals1954 - Styrofoam (a type of foamed polystyrene foam) - Invented by Ray McIntire for Dow Chemicals1964 - Polyimide1970 - Thermoplastic Polyester this includes trademarked Dacron, Mylar, Melinex, Teijin, and Tetoron1978 - Linear Low-Density Polyethylene1985 - Liquid Crystal Polymers

Global Environmental Impact Essay Example | Topics and Well Written Essays - 1750 words

Global Environmental Impact - Essay Example As the paper discusses an extensive review of the literature found out that series of climatic change agreements and institutions have taken place to reduce Global environmental impact by climate change. Man-made climate change was known to be a problem in the 20th century even though Green House Gases emissions effects on the global climate have been there since 19th century. Intergovernmental Panel on Climate Change was established in 1988 to assess the scientific evidence. According to the research findings COP 15 in Copenhagen was established in 2009 to implement new climate agreement that would commit both developing and developed countries, an agreement that was post-Kyoto period. This conference resulted in a failure since it ended with a non-binding document mentioning 2oC target, a gaol was agreed to provide climate finance, and came up with Green Climate Fund in which countries made pledges up to 2020 that were not sufficient to meet the 2oC target In 2011, COP 17 conference was held in Durban. It establishes a mechanism of technology to expedite technology development and relocation. The conference also concluded that a new agreement to be adopted by 2015 and enter into force in 2020. The agreements was to be legally binding and applicable to all countries of the world and the Ad Hoc working group on Durban platform was to prepare it for an Enhanced Action. The US-China announcement on their intention to reduce climate change was made on December 2014 a head of the Lima conference.

Post-Assessment Coursework Example | Topics and Well Written Essays - 1000 words

Post-Assessment - Coursework Example Particularly, I will discuss the quantitative mechanisms that have enhanced establishment of my strengths and weaknesses. My week 12 project is therefore an evaluation research that is reexamining the initial thoughts and impressions I had as compared to the current knowledge and literacy that I hold. Social change as indicated in my older research is the gradual alteration in the social order, or the mechanisms within a social structure. It entails marked changes in the cultural signs, behavioral trends, and the value mechanisms of any given society (O’Leary, 2005). These changes have social consequences in the long run. Some marked long-term effects in the social changes are the industrial revolution, abolition slavery, and the feminist movement. According to my research, social change involves making constant changes in the systemic level and inevitable fight with those who hold positions of power. Democracy is the key factor in the undertaking of social changes. Democracy at its best eliminates racial and ethnic bounds and orientates on persons irrespective of gender, age, or ethnic backgrounds. In such a situation, creative solutions emerge to solve the social problems hence a social change. The advice I can and I have previously set for the researchers is that they s hould never hung up trying to understand all concepts in any outset. Projects are often monumental hence seemingly overwhelming. Therefore, the researchers should cope with it challenges by only mastering the essential skills. The researchers should not block any action and progress waiting to get the complete knowledge as this is a failure. Exposure to research gives the researcher the skills to tackle tasks that are even more challenging. Research skill development is extremely essential to any individual in the field (Catherine, 2004). Progress reports are vital

Media Portrayal Essay Example | Topics and Well Written Essays - 1750 words

Media Portrayal - Essay Example This essay discusse the connections between modern information, communication and the individuals with disabilities issue. Today, people can get information from various sources, that is mostly may be accessed with the help of mass media. Mass media is a term used to denote, as a class, that section of the media specifically conceived and designed to reach a very large audience. It was coined in the 1920s with the advent of nationwide radio networks and of mass-circulation newspapers and magazines. Unfortunately individuals with disabilities to a great extend are limited by not being able to make use of such opportunities. Access to communications and information can be available through many sources such as: newspapers, magazines, television programs, and movies, Internet etc. Depending on the type of disability i.e. deafness, blindness, and so on the individuals with disabilities are limited having no access to appropriate source of the information. This essay raises the question o f vital importance for the international community today, that is to create and promote approaches and technologies that will allow everyone including individuals with disabilities to get, to utilize, to exchange and to create information and knowledge. The researcher focuses on introducing the topic and analyzes in details many examples of mass-media articles, movies and tv-shows related to the individuals with disabilities issue. Some examples that were mentioned in the essay: Touch the Sound, Zatoichi, Be with me movies, etc.