Married to the wrong sex Essay Example

Married to the wrong sex Essay Name Course Instructor Date We will write a custom essay sample on Married to the wrong sex specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Married to the wrong sex specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Married to the wrong sex specifically for you FOR ONLY $16.38 $13.9/page Hire Writer Married to the wrong sex Marriage is a significant social institution. Many people marry for different reasons, and the engagement of two individuals into a union of marriage takes place regularly. Marriage between two individuals also depends on a variety of factors. These factors bring the two people together into one common union. For many, marriage takes place when the two individuals realize they have known each other well and for a significant amount of time. However, couples who claim to discover the true character and personality of their spouse is not a rare case. Homosexuality has been an essential debate in marriage. The discrimination and controversy surrounding the issue has led many people to lead secret lives. Many men and women hide their sexuality and enter into heterosexual relationships. These relationships are designed to help the person live according to the conservative standards of a marriage. However, they maintain the homosexual relations with their partners. This issue has become p revalent in many households and has been a breaking point for the marriages. Homosexuality has been an issue of controversy since time immemorial. Society has always defined sex and sexual orientation in the most traditional and conservative manner. Religion has always viewed the act as sin and discredited homosexual marriages in religious places. Many people therefore grow with the established perceptions on homosexuality. Radicals and liberalists have attempted to change the status quo (Connors, 56). These radicals are also disregarded and their ideology overanalyzed. However, perceptions of gay and lesbian couples are slowly changing. Legalists and human rights have forged a war to safeguard the rights of homosexuals. This group of people is slowly being integrated and accepted in society. Marriage as defined by society should be heterosexual. Heterosexual marriages are considered the â€Å"normal† thing for couples. Some homosexuals dent their sexual preference to enter the conservative marriage structure. Therefore, they opt for having a wife or husband and raising a family with children. This option has proven difficult for many individuals. These people are locked into a dilemma whether they are actually happy with their choice or they should retreat to their former lifestyles. Such dilemmas ultimately affect their relations and commitment to their spouse. Research undertaken by the Family Pride Coalition reveals up to 20 percent of the gay men in America are engaged in heterosexual marriages. These statistics also includes women. Research on women however is not conclusive and their number could be more. This is because women numbers are difficult to attain and decipher because there is no clear understanding on women’s sexuality. Such statistics not only reveal the reality in America but also other countries across the globe. Many people might overlook the notion that gay people actually enter into homosexual marriages but these people are living secret gay lifestyles. However, their spouses are unaware of their sexual orientation (Cothran, 132). These marriages can therefore be defined to be a hiding place for many homosexuals. There are people who deny themselves their sexual desires and preserve the unity of the family. These people are therefore lost in a myriad of desires and disillusionment. Those enter into heterosexual marriages may never experience their true happiness. They might lead miserable lives feeling like they are lying to themselves. On the other hand, others claim that it is the right thing to do and follow the norms of society. There are homosexuals that have contained themselves in heterosexual marriages, desert their lifestyles for the sake of standards in society, and maintain the family unit. There are sections of homosexuals who marry the opposite sex but still engage in homosexual relations. Couples married to these people can therefore be defined to be â€Å"married to the wrong sex.† Their spouses are not always aware that the people they love or know so much might not be who they claim to be. Most of the people involved in such unions claim they are under pressure to do so. Religious leaders have voiced their opinion against gay and lesbian unions. They claim it is sinful. Religious leaders began addressing the issue of homosexuality in the early 1970s and the debate intensified in the years that followed to date. Mainline clergy have played important roles in establishing the terms and conditions for the debate (Olson, et. al.) Therefore, homosexuals evaluate their options and decide not to be on the wrong end of religion. With the choice to marry, normally they are welcomed in church and treated like the rest of the congregation. They are given the opportunity to lead â€Å"normal religious† lives without fear of condemnation. The consequences of revealing homosexuality among religious people has seen many people face discrimination or chased away from religious gatherings. Some clergy and religious leaders who have shown support to homosexuality have also been denied their positions in religious engagements (Olson, et. al.). Homosexuals also face extreme pressure from society. People have mixed perceptions towards homosexuality. Society also incorporates the notion of religion that homosexuality is evil. Therefore, many people view homosexuals as an â€Å"abnormal† group of people. Therefore, homosexuals submit to the pressure by society and enter into heterosexuals marriages. The high level of discrimination of gays and lesbians is a driving force towards â€Å"normal† marriages. Homosexual couples in states like Canada and America have cited increased discrimination by other normal couples. These couples are discriminated in their neighborhoods and other social engagements involving couples. Discrimination at the social level also extends to their families and friends. Some homosexual couples have been denied association from family and friends. The alienation from close people is a major fear for many homosexuals leading them to opt for heterosexual marriages. Parental knowledge of the child’s sexual orientation is important. However, parents whose children are gay or lesbian face many challenges in accepting their children as homosexuals (D’Augelli, et. al.). Some parents understand their children’s sexual orientation and accept them. However, there are parents who will carry out numerous procedures, tests and counseling sessions to correct their child’s orientation. Corrective measures are difficult on the child who ends up conforming to the standards of the parent. Sexual orientation disclosure among many youths is stressful and many are unsure of the implications their revelation will have on their families. Young people who disclose to their families their status face victimization and ill treatment. Young people who do not reveal to their families their orientation face less victimization and could secretly engage in homosexual relationships (D’Augelli, et.al.). Therefore, these people grow up leading secret homosexual lives and marry according to the desires of their family. However, they still have homosexual partners and lifelong relationships with them. The article by Jodi Shaw, â€Å"Married to the wrong sex† is a revelation for many married people or those considering marriage. The article shares the story of a gay man, Brady who is married and has a child. Brady shares his story on why he is in a marriage that is not of his orientation. Brady represents the increasing number of homosexuals that are in heterosexual relationships. Brady just like most gay men does not want to be treated the way conservatives treat homosexuals. He therefore escapes the stigma by marrying and having a child. He even says that he does not want to be treated like â€Å"one of them,† (Shaw). Homosexuality was decriminalized in the 1969 in Canada. Homosexuals have been on a steady upsurge to be treated as equal individuals by the state. Their demand on equal rights is to be allowed to get married under the formal state system and laws like heterosexuals. The controversy reached its peak in 2005. The House of Commons authorized gay marriages. Ultimately, same sex marriage was made legal in Canada. The law was to be enacted in all Canadian territories and provinces. Brady had been married two years before the legalization. He states that the law provides many closet gays and lesbians to have their legal right and freedom. Therefore, Brady has the opportunity to marry in his own right according to the law. However, according to Brady, this legal right is still impossible in the social arena. He is a Christian and goes to church regularly. His family and that of his wife has strong Christian beliefs. Despite religious perceptions towards homosexuals that they do not have a strong religious standing, Brady also has strong beliefs. These Christian beliefs also integrate the view of Christianity towards homosexuality. Christianity has always been against homosexuality and Brady feels that he will face the challenges of being a homosexual under such circumstances. Many antagonists of homosexuality believe that it is a threat to the traditional definition of marriage. This traditional marriage is a family comprising of a husband, wife and children. The homosexual family system therefore is â€Å"unnatural† according to conservatives. Brady’s hidden orientation also began when he was younger when he dated girls to conform to the system of society in terms of relationships. Just like many gay men, he felt under pressure to marry his wife Laura (Shaw). He believes that their marriage is a fraud. Marriage is purposed for procreation and many believe homosexuality is a hazard to social structures and future generations. However, other issues threaten marriage. Divorce, infertility and adultery are also dangerous to marriage. The number of marriage divorces has been on an upward trend. These statistics according to analysts is also set to increase over time. Infertility leads to the lack of children who are important in the family. Adultery on the other hand can lead to divorce, which is a limitation to marriage. In addition, homosexuals can have families through adoption, surrogates and other fertility methods. The perception of traditional marriage is questioned by the gay and lesbian community. In conclusion, equal rights are guaranteed for all people within a state in the constitution. Lesbians and gays should also have equal rights. Discrimination against these groups of people at the work place, in religious settings and other areas is denial of human rights. Such tendencies by society have driven homosexuals to accept the notion of heterosexual marriage at the expense of their happiness. It is therefore important for society to reach out to them and accept their sexual orientation. The fight for equal rights has progressed as discrimination against them has reduced and only a section of conservatives is against homosexuality. However, every person holds their right to happiness hiding in heterosexual marriages has many implications on those involved. The spouse might discover the truth and might question their role in the companionship. Feelings of betrayal and emotional disconnect for the spouse may cause psychological distress. The ultimate outcome will be divorce and resentment. It is therefore important for people to consider their options when engaging in heterosexual marriages and having secret homosexual relations. Work cited Connors, Paul G. Homosexuality. Detroit: Greenhaven Press, 2008. Print. Cothran, Helen. Homosexuality. San Diego: Greenhaven Press, 2003. Print. D’Augelli, Anthony, Arnold Grossman and Michael Starks. â€Å"Parents’ awareness of lesbian, gay and bisexual youths’ sexual orientation.† Journal of Marriage and Family. 67.2. (2005). Web. 22 November 2012. Olson, Laura and Wendy Cadge. â€Å"Talking about homosexuality: The views of mainline protestant clergy.† Journal of the scientific study of religion.41.1. (2002). Web. 22 November 2012. Shaw, Jodi. â€Å"Married to the wrong sex.† The Tyee. Feb 2006. Web. 22 October 2012.

Free Essays on The Gift Of Jews

The book I'm reading is called "The Gift of the Jews", written by Thomas. Basically, his writing style is such that both the believer and non-believer can be satisfied with his prose, without becoming unduly offended. He brings out points and events that most archeologists and/or biblical scholars agree on, but he does so in a way that tends not to offend. This includes the Reed Sea vs. the Red Sea, Hebrew as a written language was not developed until around 1000-800 BCE, Abraham and his descendants believed in other, less powerful Gods other than Jehovah, etc. He often puts himself in a given era and tries to portray what the people of that time probably thought and believed. For me, it was not an easy read, but a good way to better understand the Old Testament, the beginning of the Jewish, and how Jewish philosophy evolved over 2000 years, and became the basis for much of the Western World's philosophy about the human condition. When I say that, I'm not talking about Socrates or Ar istotle or the other Greek and Roman scholars. I think that they gave us the basis for rational, logical thinking. The Jewish culture, on the other hand, gave us the idea that life is a journey, not a cyclical repetition of past events, that we are all individuals, that we can all experience fullness of life, that justice is for all that humans have certain inalienable rights, and that we can all have a personal relationship with God. All of these concepts were completely foreign to the civilized world before the Jews came to be. When I think of the Tanach, the Jewish Bible, I think of it mostly as the source of guidance and identity for the Jewish people. The Bible is full of mitzvoth, commandments, both ethical and ritual, and also of the recounting of the events which created us as a Jewish people. The Bible is part of what holds us together as Jews of different nationalities and religious persuasions. It is the source of our common referents and our sens... Free Essays on The Gift Of Jews Free Essays on The Gift Of Jews The book I'm reading is called "The Gift of the Jews", written by Thomas. Basically, his writing style is such that both the believer and non-believer can be satisfied with his prose, without becoming unduly offended. He brings out points and events that most archeologists and/or biblical scholars agree on, but he does so in a way that tends not to offend. This includes the Reed Sea vs. the Red Sea, Hebrew as a written language was not developed until around 1000-800 BCE, Abraham and his descendants believed in other, less powerful Gods other than Jehovah, etc. He often puts himself in a given era and tries to portray what the people of that time probably thought and believed. For me, it was not an easy read, but a good way to better understand the Old Testament, the beginning of the Jewish, and how Jewish philosophy evolved over 2000 years, and became the basis for much of the Western World's philosophy about the human condition. When I say that, I'm not talking about Socrates or Ar istotle or the other Greek and Roman scholars. I think that they gave us the basis for rational, logical thinking. The Jewish culture, on the other hand, gave us the idea that life is a journey, not a cyclical repetition of past events, that we are all individuals, that we can all experience fullness of life, that justice is for all that humans have certain inalienable rights, and that we can all have a personal relationship with God. All of these concepts were completely foreign to the civilized world before the Jews came to be. When I think of the Tanach, the Jewish Bible, I think of it mostly as the source of guidance and identity for the Jewish people. The Bible is full of mitzvoth, commandments, both ethical and ritual, and also of the recounting of the events which created us as a Jewish people. The Bible is part of what holds us together as Jews of different nationalities and religious persuasions. It is the source of our common referents and our sens...

Undecided Research Paper Example | Topics and Well Written Essays - 2250 words

Undecided - Research Paper Example As international trade is complex and requires greater documentation and control, international commercial banks are actively involved in facilitating it by providing financial instruments that cater to exporters and importers. The role of commercial banks in international trade is of utmost important as they provide reliability and assurance to their clients, and provide an easy process to finance trade. This report will cover many aspects of international trade finance. It will focus on the financial instruments that are used to make payment in international trade, the parties involved in international trade finance, and trade finance methods. ... finances the trade cycle from the production till the goods are bought by the buyer and may require financing from the bank to support the production process. In most international trade transactions, the buyer and the supplier have separate banks that act as intermediaries to the transaction. Cash-in-advance The prepayment method involves cash in advance paid by the buyer to the seller. It is a risky and expensive method for the buyer but it may occur in cases where the seller is a long time business partner or a trustworthy party and the buyer is new in the market. In this scenario, the buyer will transfer the payment through his bank to the exporter’s bank account. This is the safest method of financing for exporters as they do not ship the goods till the payment is received from the importer. Letter of Credit A letter of credit is one of the most commonly used financial instruments in international trade. The letter of credit is a document that the importers bank issues pr omising to pay the exporter upon presentation of the relevant shipping documents such as bill of lading or bill of exchange in accordance with the terms agreed. This provides greater guarantee for the exporter as the bank is a more reliable creditor than any importer and it is easier for the importer as the bank will not release payment till the legal documents have been received. Although, this is riskier for the exporter as compared to the prepayment method, it is a secure was of transferring payment. The letter of credit stands even if the importer is unable to make the payment, thus the issuing bank is liable for the payment to the exporter and not the importer under the letter of credit. In cases where the exporter fears that the issuing bank’s guarantee is not sufficient, which could be

Economic analysis Essay Example | Topics and Well Written Essays - 1500 words

Economic analysis - Essay Example Structural constraints faced by the economy have also been highlighted in the economy. 2.0 Introduction The GDP growth in India has been below potential in the last financial year (2012). Real GDP in the country has grown at the rate of 6.5 percent (according to 2012 estimate) (CIA, 2013). In 2011, the rate has been 6.8 percent (CIA, 2013). Hence there has been a 0.2 percent fall in the real GDP growth. According to a report from a leading newspaper of the country, the manufacturing sector is the major factor that is pulling the country’s growth rate downwards. This sector accounts for almost 17 percent of the country’s GDP. In the third quarter of the last year, the manufacturing sector grew by a meagre 0.8 percent. While India is mainly an agrarian economy, agriculture has grown at the rate of 1.2 percent in this quarter. This is definitely a gloomy picture that suggests that the government has a role to play to push the country’s growth status. The government of India has taken expansionary monetary policy to spur economic activities in the country. 3.0 Analysis 3.1 Monetary policy In the last year (2012) the government of India had increased interest rates to control inflationary pressure since rates of consumer price inflation fluctuated around 7.5 percent in the first two quarters of 2012 (Trading Economics, 2012). However, this policy failed to reduce inflation rates to the desirable extent. The most undesirable side effect has been felt on the level of private investment activities; fresh investment (as measured by the Gross fixed capital formation (GFCF)) was found to be only 33 percent of the GDP (Choudhury, 2012). GDP forecast for FY2013-14 has been scaled down from 6.2 percent to 6 percent by international brokerage firm Barclays (Economic Times, 2013a). The government has therefore taken expansionary fiscal policy to boost up investment activities in the country. The reserve bank of India has cut interest rates by 0.25 percent in May 2013, thereby reducing the repo rate from 7.5 percent to 7.25 percent (BBC, 2013). India is the third largest country in Asia and the government has cut interest rates in order to â€Å"stimulate a fresh wave of economic growth† (BBC, 2013). This policy has been adopted in an endeavour to swell money supply in the economy. Thus banks would possess more money for lending out to borrowers (NASDAQ, 2011). Rate of interest â€Å"is the opportunity cost of holding money† (Boyes and Melvin, 2008, 339). Low interest rate can be interpreted in this way; there is little opportunity cost of holding money. Money demand has negative relationship with rate of interest (Walsh, 2003). Therefore the money demand curve has a downward slope. As interest rate shrinks quantity of money demand rises. It is illustrated by the following figure: Figure: Money demand is a negative function of rate of interest (Source: Author’s Creation) As interest rates are reduced, supply of lo anable funds increase. This increases investment and consumption activities in the country. Figure: Lowering of interest rate supply of loanable funds rise (Source: Author’s Creation) Higher availability of lendable funds reduces interest rates from i1 to 12 and quantity of money demanded rises from L1 to L2. Downward trend of inflation in mid 2013

Financial Analysis of Vodafone

Financial Analysis of Vodafone Vodafone group PLC is a British multinational mobile network operatorheadquarter in Newbury, England. It has formed in 1984 as a subsidiary of recal electronics PLC. It became an independent company in 1991 and changed its name to Vodafone group PLC on 2000.Vodafone is a world leading mobile telecommunications company. Vodafone provides a wide range of Communication services, including voice calls, SMS text messaging, MMS picture and video messaging, internet. Access and other data services Vodafone is the world largest telecommunication network company with 146 subsidiaries Vodafone directly own and manage about 2,200 stores around the world and they also have around 10,300 Vodafone-branded stores run through franchise and exclusive dealer arrangement, An industry with 5.6 billion customers with growth driven by increasing global demand for data services and rising mobile penetration in emerging markets. TYPES OF ORGANIZATIONS An Organization is a group of people that working together towards a common goal. There are 2 types of Organizations. Private Sector Public Sector Private Sector It is the part of national economy that is not directly controlled by the government. It provides more job opportunities for the people. So they will give a good support to the government. Private Sector includes sole traders, partnerships, joint ventures, limited companies, Co-operatives, clubs and societies. Sole Trader ship It has no complexities, with minimum interference of statutes, which is run by a single individual with his own capital, the decisions too being taken by himself. The most common business unit of the world is these. The main reason for this is that, ability of this business to be carried on without the necessity for adherence to rules. Partnerships It is a legal relationship between two or more individuals who are working together to achieve a specific goal. They should have an intention to earn profits, Collective responsibilities and a common destiny or goal. Joint ventures It is a short term association of a few persons in order to accomplish a specific task. Generally they do not use a business name. The joint venture is dissolved when the specific task is accomplished. This is a short term business type. Incorporate Companies In Sri Lanka institution registered under the companies ACT NO.7 OF 2007 is considered as an incorporated company. It includes Limited Companies, Companies limited by guarantees, unlimited companies, Offshore Companies, Foreign Companies. Public Sector It is the part of an economy that is directly controlled by the government. Public Sector is the largest sector of any economy in the country. It provides basic goods or services that cannot be provided by the private sector. It includes Gov. Departments, Gov. Corporations, and Gov. Companies. It is also known as State Sector or the Government Sector. Responsibilities of stakeholders Stakeholders are individuals, groups or organizations that have an interest in the activities and behavior of a business. They can be internal stakeholders, like employees and partners, or external, such as customers, suppliers, government or the media for example. All stakeholders can influence as well as be influenced by Vodafone. Every Stakeholder has responsibilities towards the Vodafone to achieve vodafones goals and objectives. Owners and share holders As the owner of a business, it is the responsibility to pay for employees and provide them with proper benefits, including sick time and health insurance. Aside from payment and benefits, responsibilities of an entrepreneur include listening to employee concerns keeping employees in good working conditions, and hiring and firing employees when needed. Managers The manager must be able to ensure that all requirements of his department are met on time and motivate employees to perform at their highest capabilities. He must also know exactly what each of his staff is capable of and give them work that they can complete effectively while also challenging them to achieve more. Staff and employees They have to perform their tasks carefully, keep business and professional secrets confidential. They have to follow the supervisors instructions and improve their abilities and skills. They have to be honest and polite to the company. Customers After using goods or services they have a responsibility to give feedback to the company. Customers have to provide clear and correct information about their needs and wants. And they have to give the correct information required. They have to be loyal and honest to the company. Suppliers They have to supply the good quality products to the company at right place at right time. They have to be honest to the company. Have an effective communication process with the company. Government They provide rules, regulations, lows, and policies for business. They have to find weather the business is legal or not and they can provide licenses for the sensitive products. Identify Vodafone profile Mission statement; To enrich customers lives through the unique power of mobile communication Vision statement; To be the worlds mobile communication leader Goals Goals are the clearly stated objectives of the company, Vodafone has stated six global strategic goals Delight our customers Built the best global Vodafone team Leverageglobal scale and scope Expand market boundaries Be a responsible business Provide superior shareholder returns Values Values are the beliefs of an individual or a group. Vodafone has four core values described internally as passions For customers For results For Vodafone people For the world around Vodafone Vodafone growth Vodafones Key revenue performance indicators Vodafone group PLC has shown their growth of revenue in this table. We also aim to lead the tablet segment, which is growing rapidly. We were the first operator to launch an Android Honeycomb tablet with the Samsung Galaxy Tab 10.1v and we have started to distribute the Apple iPod 2. During the year we introduced the Vodafone K4605 USB stick which provides theoretical peak data download speeds of 42.2 Mbps using 3G/HSDPA technology and a 4G/LTE USB stick which has the potential for faster download speeds. We also launched Vodafone WebBox and Vodafone TV services (Annual report-2011 page23). Vodafone market share We can clearly identify the market share of the Vodafone group has increased rapidly year by year. The good will of the vodafone has increased by providing perfect service for thie customers and could have create loyal customers. Different types of economic systems Capitalism (market economy) Capitalism is an economic system in which the means of production are privately owned and the firms mainly target profits, in competitive markets. it is known as market economy because it is seek to maximize satisfaction or profit through own decision regarding consumption or production. Characteristics all resources are owned by individuals The decisions about the allocation of those resources are made by individuals without government intervention No significant economic role for government is necessary. The concept of supply and demand plays a role in determining the pricing structure A market economy encourages competition. The U.S. is most commonly example for market economy which had many provisions that facilitated and protected the market economys characteristics.. Advantages: The market gives producers an incentive to produce goods that consumers want. The market provides an incentive to acquire useful skills. The price system encourages producers and consumers to conserve scarce resources. Disadvantages (1) A private market economy may be quite unstable (unemployment, inflation, growth) (2) Business may simply satisfy the wants they have created through advertising. (3) Prices may affect to the consumers (4) Markets just do not work in some areas such as public goods, and national defense Socialism (command economy) Characteristics The government creates a central economic plan for all sectors and regions of the country. The government allocates all resources according to the central plan. The goal is to use the nations capital, labor and natural resources in the most effective way possible The central plan sets the priorities for production of all goods and services. The goal is to supply enough food, housing and other basics to meet the needs of everyone in the country. Cuba, North Korea, China, Russia and Iran are the most commonly examples of command economies. Russias Go plan has been the most studied. It was also the longest running, lasting from the 1930s until the late 1980s. Advantages The govt. Will ensure a more equal distribution of income and wealth Essential goods/services will be provided to the community The govt. Can determine which goods are produced. 1. There is little consumer choice. 2. Little variety of goods and services 3. Loss of individual freedom 4. Leads to allocate and productive inefficiency 5. Subsidies on essential goods and services quickly lead to shortages. Mixed economy A mixed economy is an economic system that incorporates aspects of more than one economic system. This kind of economic system has both privately-owned and state-owned enterprises or that combines elements of capitalism and socialism, economic systems. Characteristics private sector business activity encouraged. taxes used to collect revenue to pay for state goods and services. The government also provides services such as education, health, military defense, legal and infrastructure to society. The government plays an important role in resolving economic problems faced by society advantages less inequality of income because intent of government is to have a balanced economic growth of an economy. allows individuals to run their business and make profits Goods and services are produced to benefit the society rather then to benefit the economy. Fiscal policy Fiscal policy is the use of taxes and government spending to control the economic activity of a country.the government uses this policy to continue, Economic growth Price stability Full employment Expansionary fiscal policy Before the government spending increase and before the tax rate reduction or both GDP is low because the price level of the economy is low. After increase G and reduction T, GDP is high because increase of the AD. Shifting the graph to the right. (AD to AD1 )This is accomplished by increasing aggregate expenditures and aggregate demand through an increase in government spending or a decrease in taxes. Expansionary fiscal policy leads to a larger government budget deficit or a smaller budget surplus. Crowding out effect C:Documents and SettingslankaDesktopquestion_24.gif Contractionary fiscal policy Before the tax increase and government spending decrease or both GDP is high because price level is high. After increase tax and decreased government expenditure increased AD is low, GDP is low and price level is low. Contractionary Fiscal Policy creates budget surplus shifting the graph to the left(AD1.to AD) . monetary Policy Monetary Policy consists of change in money supply to influence interest rates and thus the total level of spending in the economy. Monetary policy tools are, Open market operations This is the most important instrument to control the money supply and demand of the economy.FED buying bonds from banks and public to expand monetary policy by increasing bank reserves. FED selling the bonds to the bank and public to tight the monetary policy by reducing the bank reserves. Reserve ratio It is Designed to change the amount of required reserves. FED raises the ratios to cantrction the monetary policy. It means bank loose the reserves and reduce the ability of the creating money. FED lowers reserve ratios to expan the monetary policy, banks gain tha reserves and ability to create money. Discount rate Interest rate charge by FED on the loans they granted to commercial banks. Easy money policy (Contractionary monetary policy) It is the monetary policy that seeks to increase the size of the money supply by buying securities, lower the reserve rate and lower the discount rate. These all directly impact the interest rate.FED increase bank reserves by purchasing securities and at the lower rate bank can keep more money in the volute and create money. C:Documents and SettingslankaLocal SettingsTemporary Internet FilesContent.Wordfig115.gif It is the monetary policy that FED seeks to reduce money supply in the market by selling securities, increasing the reserve rate, and rising the discount rate. It is causes to reduce bank reserves and volute money at banks. It is decrease money supply in the economy. In the curve shifted to the left (Ms1 to Ms2) Fiscal policy impact to the Vodafone UK Because of the UK statutory tax rate reduced to 26%, effective from 1 April 2011 and the impact on the year end tax balances. EBITDA increased by 8.0% with the EBITDA margin increasing by 0.7 percentage points, reflecting higher service revenue. A shareholder in the Company who is an individual resident for UK tax purposes in the United Kingdom is entitled, in calculating their liability to UK income tax, to a tax credit on cash dividends we pay on our shares and the tax credit is equal to one-ninth of the cash dividend. The tax free allowance all income earners are allowed to earn an amount of income before they start to pay tax., the personal tax free allowance in the UK for 2011-2012 was  £7,475. Monetary policy impact to the Vodafone UK According to the Vodafone annual report, 45.9bn revenue performs in 2011 and it is 3.2% growth in compared with 2010. It is because the UK government expands the monetary policy by buying Bonds from people and it caused to money supply increased. People has more money to spend on Vodafone services and products there for the demand of the mobile customers are increased by 14.5% to 370.9 m. International trade The economic interaction among different nations involving the exchange of goods and services, that is, exports and imports. The guiding principle of international trade is comparative advantage, which indicates that every country, no matter their level of development, can find something that it can produce cheaper than another country. As a multi national company, Vodafone Global Enterprise manages the communication needs of over 560 of our largest multinational corporate customers. It provides a range of managed services which bring together every aspect of a customers telecommunications infrastructure, both fixed and mobile,(Annual report Vodafone group-2011) Advantages by international trade for Vodafone Quality of the product has been increased because of high competition with foreign businesses Having an open economy Growth of high technologically methods using by Vodafone group Increased company reputation world wide Market share has been increased Disadvantages smart phones and the tablet market begins to take off. markets remain competitive and the economic environment, particularly across southern Europe, is challenging. Foreign Industry regulators continue to impose lower mobile termination rates and lower roaming prices. The combination of competition and regulatory pressures. Increase prices of the Vodafone products because of tariffs. Emerging markets Definition The term emerging markets is commonly used to describe an economy with a GDP per capita substantially below the advanced world average and typically with a growth potential above the global average. According to the World Banks definition an emerging markets country has a Gross National Income (GNI) per capita less than approximately USD 9,000.(growing markets) The most exciting emerging markets are, BRICs( Brazil, Russia, India, China), Mexico, South Africa, Clombia, Hungary, Indonesia, Turkey, Poland, Malaysia,Chile,peru, Thailand. Barriers to entering emerging markets for UK businesses Differences in language and culture are important barriers to entering fast-growing markets like the BRICs. Global trade has always been vital to the UK UK firms looking to export for the first time continue to face too many barriers that put them at a competitive disadvantage to their overseas competitors. capital is drives many businesses to take on the risks of doing business in emerging markets. Considering about the success of Vodafones in emerging markets, The number of customers using mobile services in emerging markets such as India and Africa has grown rapidly over the last ten years, increasing by over 17 times, compared to nearly 130% in more mature markets such as Europe. increased revenue market share in India and Turkey. Approximately 75% of mobile customers are in emerging markets such as India and China. EU crisis This week BCC met with a delegation from APEX, the Brazilian trade and investment promotion agency. It is clear that there are vast opportunities in the country, as indeed there are in the other emerging markets, which UK firms are yet to take full advantage of. BCCs latest research confirms that the EU remains the most popular destination for UK exports. Just under half of Chamber exporters see the large and faster-growing BRIC economies of Brazil, Russia, India and China as the best prospective markets for increasing business over the next twelve months. Unfortunately, exporters to the fast-growing BRIC markets are the most likely to encounter barriers that hold back sales.

The Similarities and Differences Between Professional Football and Basketball

humanism A new concept of human individuality, originating in the citystates of fourteenth- and fifteenth-century Italy, that was based on desire for excellence in scholarship, creative work, and education. The humanist movement spread to northern Europe, France, England, and elsewhere, and continued to flourish until the mid-seventeenth century. Among its more familiar literary figures are, in Italy, Dante Alighieri, Francesco Petrarca (known as Petrarch), Giovanni Boccaccio, Baldassare Castiglione, and Niccolo Machiavelli; in England, Thomas More, Francis Bacon, and John Milton; in France, Francois Rabelais and Michel de Montaigne.Books setting forth an ideal of the well-formed individual, ruler, or commonwealth are a major aspect of the humanist movement, from Leonardo Bruni’s Dialogues ( –? ) to Roger Ascham’s Schoolmaster ( ), Machiavelli’s The Prince ( , publ. ), Castiglione’s The Courtier (ca. , publ. ), and More’s Utopia ( ). Durin g the Renaissance the term humanista meant nothing more than a teacher of Latin. But the Latin classics proved to be the key to the era’s renewed understanding of the individual’s goals and ideas.Latin authors addressed issues like the dignity of man, the role of fate, and the strength of human will: the factors in life that make for human happiness, or flourishing. HUMANISM 145 (Greek was somewhat less familiar, at least at first, among the humanists; Petrarch and Dante could not read it. ) The Renaissance’s new studia humanitatis contrasts with the earlier medieval version of education, which consisted of the trivium (grammar, rhetoric, and dialectic) and the quadrivium (arithmetic, music, geometry, and astronomy).In the medieval scheme, there was little room for the study of history or moral philosophy. Now, though, education could be based on the ethical ideas suggested by the ancients in their literary and philosophical speculations. The key terms of the It alian humanists are fame, fortune, glory, and virtue. They see creative achievement and knowledge as heroic tasks, analogous to the brave deeds of conquerors and emperors. In the Middle Ages, prior to the humanist revolution, the sense of history was providential, based on the sacred narrative of the Bible, and moving from creation to revelation and edemption. (Saint Augustine’s City of God [ – / ] was the major commentary on this narrative. ) In the Italian Renaissance, with political life controlled by rivalrous city-states, history became a matter of daring strategy, not scriptural validation. Providential history did not disappear, of course; it was a significant influence in the Reformation. But it had been challenged. Another aspect of the humanist movement was its sense of intimacy with the classical past. Petrarch wrote a series of familiar letters addressed to Homer, Virgil, Cicero, Livy, and others.Allied to this closeness with antiquity was a desire to corr ect the distortions of ancient texts, to recover them in their original fullness. The ambition to search for the source characterized the humanist attitude toward religious texts and ideas. The great Netherlandish humanist Desiderius Erasmus translated the New Testament into Latin ( ), saving the sacred text from the errors committed in the Vulgate (the medieval Latin Bible, in the universally read version produced by Saint Jerome). In an effort analogous to his philological study of the original text of the Bible, Erasmus in his Colloquies ( reacted against the medieval corruptions of church hierarchy. Through his description in the Colloquies of friendly, egalitarian conversation on both spiritual and worldly matters, he tried to regain the original ethical ideal of Christian community and decency: a humorous, liberal-minded fellowship. For humanists like Castiglione in The Courtier, the self became a work of art, with the individual’s â€Å"knowledge and skill informed by proportion and 146 HUMANISM grace† ( Joseph Mazzeo). The Swiss historian Jacob Burckhardt, in his great Civilization of the Renaissance in Italy ( , first described the ambition of figures like Leonardo da Vinci and the architect Leon Battista Alberti to become the uomo universale, or universal man. Here Burckhardt evokes the supremely well-rounded, eccentrically talented Alberti (who became worldfamous as the inventor of the laws of perspective): â€Å"In all by which praise is won, Leon Battista was from childhood the first: . . . with his feet together, he could spring over a man’s head; . . . in the cathedral, he threw a coin in the air till it was heard to ring against the distant roof. . . He acquired every sort of accomplishment and dexterity, cross-examining artists, scholars and artisans of all descriptions, down to the cobblers, about the secrets and peculiarities of their craft. . . . He also wrote an Italian treatise on domestic life in four books; and eve n a funeral oration on his dog. . . . And all that he had and knew he imparted, as rich natures always do, without the least reserve, giving away his chief discoveries for nothing. † Burckhardt concludes by remarking, of this godlike lusus naturae, that â€Å"an iron will pervaded and sustained his whole personality. Alberti proved that the individual can do anything, and with perfect style. The humanist was an intellectual hero and adventurer. His interest in magic and mystical lore, like Francis Bacon’s devotion to science, was a way to achieve power over the secret sources of nature. For Pico della Mirandola, author of the Oration on the Dignity of Man ( ), the human self was distinguished by flexibility and aspiration, and was capable of raising itself almost to divine level: wrestling successfully with the Protean, the endlessly various, character of God’s creation.The Renaissance is the real home of humanism. But Victorian sages like Matthew Arnold, Thomas Carlyle, and John Ruskin shared the humanist belief in individual aspiration and excellence, necessarily grounded in the strength of the surrounding culture. Their concerns lived on in the works of American critics a hundred years later: for example, Lionel Trilling and Irving Howe. In the early twentieth century, a â€Å"new humanism† was promoted by the literary critics Irving Babbitt and Paul Elmer More, who reacted against the overly specialized aspects of philology as it was then practiced.But Babbitt and More were felt to be too vaguely emotive, their moralizing too glib. When critics like Robert Penn Warren and Cleanth Brooks turned, in the s, toward a stricter consideration of the technical aspects of poetic lan- HUMANISM 147 guage, they were in fact promoting another version of the humanist ideal: man as the hero of articulation, expressing his precarious and uniquely complicated existence, and fighting with the weapons of skilled ambiguity, irony, and paradox (see NC ). Humanism can be a pejorative term in current literary and cultural criticism, especially in the disciplines of cultural studies and new historicism. This turn began with the philosopher Martin Heidegger, whose â€Å"Letter on Humanism† ( ) criticized Jean-Paul Sartre for his humanist existentialism. Heidegger asserted that man, Sartre’s focus, was a limited concept and should be superseded by the notion of Being (in German, Sein or Dasein, two distinct but related terms).Later philosophers like Michel Foucault and Jacques Derrida, both highly influential in literary studies, followed Heidegger’s lead in questioning the centrality of the human. But humanism always seems to return, if humanism is understood as the commitment to asking whether particular goals, practices, and ideas serve or damage the hope for human excellence and happiness. The definition of humanist ideals remains a constant concern of philosophy and cultural commentary, as seen recently i n the works of thinkers like Martha Nussbaum and Tzvetan Todorov.On Renaissance ideas of humanism, see Joseph Mazzeo, Renaissance and Revolution ( ); Paul Oskar Kristeller, Renaissance Thought ( ); Hans Baron, The Crisis of the Early Italian Renaissance ( ); Eugenio Garin, Italian Humanism ( ); and Thomas M. Greene, The Vulnerable Text ( ). Constance Jordan provides an interesting account of Renaissance humanism in its attitude toward women in Renaissance Feminism ( ). Rebecca Bushnell in A Culture of Teaching ( ) connects Renaissance ideals with contemporary American debates over education.

MIS in USA

â€Å"Perfection is not attainable, but if we chase perfection we can catch excellence!†-Vince LombardiThe five natural elements aside, the modern world today revolves around a sixth human developed energy i.e. Electricity. From telegraphy and telephony to electrical circuits for power, Electrical Engineering today focuses on a broad range of disciplines. The progress of this field has immensely influenced the advancement of technology. The vast application potential when combined with the notion of management intrigues me and I’m keen to continue my academic pursuit in this direction.A proclivity for Math’s and Science since childhood had resulted in 90+ aggregate in the respective subjects in high school and sparked the initial interest. A tryst with a Physics concept, ‘Electromagnetic Force’ at the Higher Secondary Level invoked the zeal to foray into this discipline. It was during this period that my teachers instilled in me a strong inclination towards the subject. This led me to opt for Electrical and Electronics Engineering in my undergraduate study as it not only requires analytical thinking but also involves hands-on practical application and is challenging.My credentials include Electrical and Electronics Engineering from Annamacharya Institute of Technology and science, Jawaharlal Nehru Technological University , Hyderabad, India which covered a broad spectrum of subjects which include Electromagnetic field, power electronics, electrical measurements, Pulse and Digital circuits, computers’ methods in power system controls, digital signal processing, Power Systems(1to3),  Electro Mechanics, Micro processors and Micro Controllers, High voltage Engineering and Utilization of electrical energy. I am also well versed in programming languages like C, C++ & JAVA. I was also introduced to management based subjects like Managerial Economics & Financial Analysis (MEFA), Management Sciences which fascinated me and imbi bed the urge to delve deeper and explore the management related aspect.In an attempt to probe further, during my final year of the undergraduate course I presented a project â€Å"SPEED CONTROL OF INDUCTION MOTOR USING PLC† at SANGHI SPINNERS INDIA LIMITED, HYDERABAD, INDIA. and also another project on â€Å"A NEW 84-PULSE VSC CONFIGURATION USING MULTI LEVEL DC VOLTAGE USING MATLAB†. These project involved coding a programme using MATLAB technology which solves a pattern recognition problem. They also include the practical application of management to engineering which has sustained and also further honed my interest to pursue this subject.I consider it an accomplishment to have finished meritorious in several technical events and I have also presented a number of technical papers which were highly acknowledged. I feel it a privilege to have been a part of Make a Difference (NGO). My tenure at MAD as a Teacher Volunteer has acuminated my organizational and interpersona l skills. It has also reinforced the ‘Never say never attitude’ which enables me to persevere, look beyond and extend my boundaries and also go the extra mile.Specialization becomes a necessity to understand new technologies and to improve upon the existing ones. Finesse in the subjects I pursue is what I envision. I now find it essential to equip myself in a specialized institute, one that will consider my knowledge as a stepping stone to higher education and help me transcend new horizons. In the near future, my aim is to attain an advanced education in MIS through a Masters Degree Program. To achieve this I would like to gain exposure to the latest practices adopted in the field of MIS. The multifaceted attributes of the course and the flexibility of the curriculum have played a pivotal role in my decision to apply for MIS at your university.The collaborative environment at your university and the confluence of ideologies would help me learn the global standards in t his field also become aware of the worldwide  competition. I aspire to bring back the acquired expertise to India and use it successfully in future endeavors. My long term goal is to put my footprints in the field of MIS through contribution of original ideas and translation of those ideas to develop high end applications and products.I bring along a strong grasp of fundamentals in Electronics and Computers, an aptitude for teamwork, a zest for challenges and an enthusiastic desire to learn all I can. With the above attributes I firmly believe that I would meet all the criteria and would also be an asset to your esteemed university. I can assure you that I will be able to contribute and learn from the academically challenging environment at the university. Hence I appeal to the Graduate Admissions Committee to consider me for admission and I look forward to becoming a part of your institute.