Essay on Media Effects - 975 Words

Media Effects The Effects of Media on the Publics Opinion Mass media - have you ever taken the time to consider two articles about the same thing? Some may be more bias against a group or idea, while others keep a strict, non bias view. The way the media portrays events may change or even corrupt peoples thoughts on certain public matters. This paper will dissect four articles on the Woodstock riots and show the relationships and differences between them. On a Sunday night, near the closing song of the Red Hot Chili Peppers, there were a few bonfires were reported. The firefighters, feeling they were under control, let these bonfires burn. Then Limp Bizkit came on, another hard-core band. In their song Breakstuff, the audience climbed†¦show more content†¦(PG 2 para. 3) his statement helped direct the blame at high prices. In the article They Must Have Run Out of Drugs, the author used a quote by Chris Melnyczenko to help place blame on the disgruntled youth. Melnyczenko said, Theyre dest roying everything. (Pg. 1 para. 7) Another similar quote by an unknown person, Oh man they must of run out of drugs, (page 1 2) struck the author so much that he made it the title. Facts may be different or changed up to help exaggerate the authors or companies view points in the articles, Is Rock n Rage Replacing Rock n Roll? and Woodstock Gets Ugly. In the article, Is Rock n Rage Replacing Rock n Roll? the author spends the majority of his writing comparing the past two Woodstocks to the current one, barely touching on the subject of the riot. The article only stated what happened and the fact that the blame should be placed on the band, Limp Bizkit. The band was said to have urged the audience to break stuff. In the other article, Woodstock Gets Ugly, it is said that placing one hard-core band after another could be a mistake and may be the cause of the riots, or other happening, to be placed on the organizers of the event, the bands or the audience. This shows how the companies or authors views can be bias against certain groups or ideas by placing the blame on a single band, but a non bias paper places the blame all around. The motivation inShow MoreRelatedEssay on Media Effects on Body Image617 Words   |  3 PagesWith the tremendous effect the media has on men womens body image/self-esteem, there are things the media and those being effected can do to limit the impact. The media can change the portrayal of models in magazines, television, billboards, etc. By portraying unrealistic models, studies can conclude that it causes a negative effect on men and women leading to eating disorders, self-esteem problems, and possibly even sometimes more dramatic actions such as suicide (Groesz, Levine, and MurnenRead MoreMedia Effects On The Media Essay1273 Words   |  6 Pagesby the media whether we think we are or not. 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David Hume s Theory Of Free Will - 1559 Words

Are you choosing to read this essay? Or are you just constrained by the laws of nature? David Hume describes The Problem of Free Will as ‘the most contentious question of metaphysics’. Initial exploration into this school of thought gave rise to several philosophical viewpoints supported by modern thinkers. Hard determinism bases its viewpoint on the strict theory of causality, rejecting the idea of free will. On the contrary, Libertarianism opposes this, supporting the concept of free will and denying that a deterministic universe exists. Both of these arguments adhere to incompatibilism as they refute the coexistence of both notions. Subsequently, 18th century Scottish philosopher David Hume (1748) procured his influential proposal of compatibilism, attempting to resolve the debate as he argues that free will necessitates determinism. In this essay, with reference to Eddington and Pink’s work I will evaluate the validity of these viewpoints conveying that free w ill is conceptually illogical and demonstrate that Hume’s compatibility cannot overcome these flaws due to his unsatisfactory definition of free will as pointed out by Robert Taylor. Consequently, the existence of free will for humans is impossible. Free will in this essay will be treated with respect to Nomological Determinism, (referred to as causal determinism/determinism); the past and the present dictate the future entirely and necessarily by rigid, all-encompassing natural laws’. The ‘Origination Argument’ forShow MoreRelatedMovie Review : The Edge Of Tomorrow 1116 Words   |  5 Pagesblood being burnt onto Cage s face. From then on, Cage can reset the day if he was murdered or had committed suicide from a specific point in the movie and be able to remember what happened previously. This scene can be related to the idea of free will as it shows that Cage has the ability to keep resetting the day without the need of anyone else’s consent and that if he was to make a mistake or do something he might regret, then he can reset the day for that reason too. Free will is the idea that humansRead MoreFree Will And It s Compatibility Towards Determinism956 Words   |  4 PagesIn order to weigh that the idea of free will is compatible with Determinism, it is first required to evaluate the other possibilities and beliefs of free will and examine whether we in fact, posses free will. Free will has been a topic discussed for over two millennia philosophers by the names of Rene Descartes, David Hume and many others. Throughout this essay I will argue the act of free will and it s compatibility towards Determinism, and briefly reviewing the counter arguments from a libertarianRead MoreImmanuel Kant And Kant On Morality1097 Words   |  5 Pagessocieties. 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For instance, one could not know when it is reasonableRead MoreFree Will Compatible With Determinism Essay1634 Words   |  7 PagesElizabeth Donis Professor Ryan Hay Phil. 190 11 December, 2015 Free Will Compatible With Determinism Free will – a concept that always brings forth the question, â€Å"Does free will exist?† There are various arguments that come from both sides of the discussion, those in favor of free will based on religious text, and those that can argue that free will is a concept and ideal created to give humans the illusion that they have the ability to choose what they can do in life.The questionRead MoreMorality Is An Important Component Of A Human Being Because1382 Words   |  6 PagesThus, it is evident that morality is a crucial component of a human being. However, what ultimately drives moral action? This question is debated and investigated against many philosophers, a few of them being Thomas Hobbes, Frans de Waal, and David Hume. Hobbes believes that in the state of nature, humans have no laws, morals, police force, property, government, culture, knowledge, or durable infrastructure. Within this state of nature, people have no morals and do as they please without any consequenceRead MoreThe Views And Components Of Classical Liberalism1227 Words   |  5 Pagesassociated with liberalism thought. As European countries, as well as the American Colonies, began the transitional process from agrarian to industrialized societies, they became dependent on one another for goods, thus introducing capitalistic and free market economies. Those classified as proletarians, or working class citizens, noticed that they were slowly being interchanged with machinery, while the upper classes profited by substantial additions to their total wealth. With this prosperity, theyRead MoreAdam Smith And His Influence On American Society Essay1348 Words   |  6 Pagesearly nineteenth century, other streams of economic theory emerged from various individuals who were also influenced by the ideas of Smith. Some of these individuals included David Ricardo, Karl Marx and later John Maynard Keynes and Milton Friedman—each of whom contributed their own ideas on economic activity. However, it was Smith’s ideas on capitalism and his laissez-faire approach to free markets that have transcende d other economic theories and continue to impact American economic thought toRead MoreThe Ethics Of Human Action1629 Words   |  7 PagesSandra Heitman John Loving Philosophy 101 May 8, 2017 Philosophers have long considered the question of whether or not we are in control of our fate or if it is determined by factors outside ourselves. Are we free? Determinism, compatibilism, and libertarianism are three different philosophical approaches to answering this question. Determinism is the view that outside forces are responsible for human actions (Chaffee, 2016, p. 159). Extreme determinists, or â€Å"hard† determinists argue that every

Definition free essay sample

This old saying holds true for ever and ever. Lies may get you out of trouble initially but in the end you will be in more trouble when the truth is found out. Therefore it is best to tell the truth at all times to save you from problems later. In addition, honesty helps a person to conquer problems and excel in life. It is essential for a person to be honest with himself. Only when a person plucks up the courage to face his inner values and emotion, can he get rid of the negative feelings which hold him back and as a result, find the confidence within. The confidence is what he needs in order to handle problems and perform well. Moreover, trust is produced by honesty. Without trust, a person has no credibility which is at the core of being able to influence others and provide strong leadership. These are very important qualities for a sisterhood and if my sister is someone I know I can trust and are loyal then they will always have a place in my life. However, you have to give to get. Therefore, if your sister is being good to you then you should also be good to them as well. Sisters are also there for your protection and emotional support as well. Being there when theres no one else to turn to and when theres no one there to save them. If your going through it and you feel like the world is out to get you then your sisters are the ones to turn to. If you feel threatened or scared they are the ones you go to. Sisterhood is a powerful thing that you grow from. It also improves your attitude as well. It betters you as a person and teaches you how to become a uccessful young independent woman. I can relate to sisterhood because Im the oldest of my two youngest sisters at home, Kamiyah and Mikaya. They look up to me not Just as a big sister but as a role model. Im there for them through everything as they grow up, for advice and to Just have someone to sleep with at night when they dont want to be alone. My sisters know that they can always come to me even if its to play and have a good time together. I teach them whats right and whats wrong and how to be a respectable young lady. I will always cherish the bond I have with my younger sisters and some day I hope they will choose to be apart of the Bennett sisterhood as well. Sisters are forever and a bond that can never be broken. With all the qualities that I have mentioned you would always want your sister by your side. Whether you are sisters by blood or Just from a close friendship, once a sister always a sister. Theres nothing like having that close relationship with someone so I hope that every female gets the chance of being in a sisterhood one day.

Monday Essays - Stress, Coping, Stress Management, Eustress

Monday Stressor. My Java class assignment due by midnight tonight and I have not started it yet. Stress Response. Psychological Cognitive: Questioned my programming ability Emotional: Worry I would fail out Physical: Bite fingernails Behavioral: Work slower than normal Tuesday Stressor. Chemistry Lab for Wednesday class is still not done. Stress Response. Psychological Cognitive: Questioned my reason for being here (Kettering) Emotional: Worry I would fail out Physical: Bite fingernails, and pace room Behavioral: Work slower than normal, and repeatedly stop to eat. Wednesday Stressor. Calculus Exam taken in morning without any studying. Stress Response. Psychological Cognitive: Questioned my reason for being here (Kettering), and thinking of taking Calc 1 at GRCC Emotional: Worry I would fail out and parents be disappointed Physical: Bite fingernails Behavioral: Work slower than normal, tap finger on desk, sit and stare Thursday Stressor. Calculus Exam back have to see grade. Stress Response. Psychological Cognitive: Might as well start sleeping in. Emotional: MAJOR stress, feeling stupid Physical: Bite fingernails Behavioral: Sleep Friday Stressor. School this whole week Stress Response. Psychological Cognitive: I too stupid to go here drop and go somewhere else Emotional: Sad and feeling inadequate Physical: Pace awaiting nighttime Behavioral: To be frankly honest: alcohol, sex and loud music. PARTY. Most Common Stress Response: Biting finger nails, and doubting my self. All of my stress is dependent on this school and my lack of motivation and will-power to force myself to study and do homework. Main Coping Method: My main coping method is parties on the weekends to relax. This involves smoking and drinking. I do not smoke a lot nor do I drink to get drunk just enough to almost relax. These are probably not the most productive coping methods but I feel they work the best for me out of the ones I do use. New Techniques: Recreational Center is something I have been trying. Working out, running, playing sports and hitting the speed bag (boxing). I want the school to get a body bag to help relieve stress even more. Nothing better than aggressive stress relief. Knowing that at the end of the day I can hit something as hard and as much as I want may delay my stressor reaction long enough to have some fun with it. Or maybe calm down. Bibliography None

The Fall of the House of Usher by Edgar Allan Poe The Role of the Narrator

Investigating Magnetic Pendulum Essays

Investigating Magnetic Pendulum Essays Investigating Magnetic Pendulum Paper Investigating Magnetic Pendulum Paper Every magnet has two poles, North and South. When it is hung freely, it always settles in the direction North and South of the Earth. The following experiment is about the properties of magnetic pendulum. In all experiments find the time period of oscillation, and find relation in the direction of vibration and the time period of pendulum. Hypothesis: The effect of changing the vibration direction of magnetic pendulum on time period of the 20 constant oscillations. Apparatus: 1. Color indicated lab magnets 2. Strings and threads 3. Solution Tape (Transparent) 4. Measuring Scale (1 feet) 5. Set of compasses 6. Lab stand 7. Stopwatch 8. Scissors Methodology: A For Single magnetic pendulum investigation: 1. Hang a bar magnet horizontally using the thread string, tied in balance with the lab stand. The thread should be strongly tied with the magnet stand. 2. Make sure the magnet is not rotating from its point of centre. This is done in order to allow precise timed readings, as the oscillation progresses smoothly. 3. Use two or more compasses to check the North. Keep the compasses at a 1 meter distance from the magnets to avoid unnecessary deflection 4. Vibrate it in the direction as shown in the diagrams below. 5. Repeat steps 1-2 for varying directions Note: The side view of all direction combinations is in the horizontal plane. The top view uses vertical and horizontal terms in its own respective sense i. e. the as viewed from the birds eye projection. Part 1: Constant: 20 oscillations Distance of the string i. e. from the tied knot of the stand to the magnet = 6 Variables: Time (seconds) and Direction (arrow) of magnet pendulum swings In part 1 of the investigation, the magnet will be swung across constant amplitude with the constant no. of 20 oscillations. With each changing direction, the time period for the 20 oscillations will be noted down on paper. Then, the readings will allow us to deduce if the changing direction of magnet has an effect on the time period or not. Below are the four directions, named A, B, C and D along their time period readings. As per the results of the investigation, the change in the direction of vibration of the magnet for 20 oscillations does not affect the time period of the oscillation. As we can see he comparison chart above, the values for directions A, B, C and D are almost same, with very minuscule micro second differences. The possible uncertainty here can be human error in timing the experiment and secondly, the quality of magnets i. e. minor change in size and weight. Moreover, the balance of the string attached was not at most in perfect form, hence the unnecessary rotating of the magnets from the point of tied knot must have affected the time period readings. Hence, the part 1 of the investigation comes to suggests that the change in direction of the vibration of the magnet does not affect the time period of the oscillations. Part 2: Pole Combination A Methodology: B For Dual magnetic pendulum investigation: 1. Hang a bar magnet horizontally with the help of two strings. 2. Now put another magnet just below the hanging magnet, in the same direction as the hanging magnet, with similar poles facing each others. 3. Using the thread string, tied in balance with the lab stand. The thread should be strongly tied with the magnet stand. 4. Make sure the magnet is not rotating from its point of centre. This is done in order to allow precise timed readings, as the oscillation progresses smoothly. 5. Change the distance between the two magnets, keeping the oscillations constant at 20 and then note the change in the time period. 6. Now, vibrate the magnet (for different directions) with small amplitude, first along the length then along with width. Measure the time period of vibration. Also find the rate of decrease in the amplitude of vibration. 7. Repeat 1-6 for varying direction combinations. As per the results for part 2 of the investigation, we put hanged a magnet of the same size as used in part 1 of the investigation by a tied string, making it a dynamic object. Then, we placed a stationery magnet of the same size below it. As we vibrated the dynamic magnet along its width, we slightly altered the distance between the stationery magnet and the dynamic magnet to see if had affect on the oscillations time period. Now, the interesting part of the investigation arises. As you can see from the comparison chart of the same pole combination of N-N to S-S, a slight change in distance between the two magnets, that is a (1.6 minus 1. 0 = 0. 6 cm) 0. 6 cm change brings a 2. 0+ second change. The increase in the distance between the two magnets increases the time period for the 20 oscillations. The theory behind this is simple. As the two magnets move closer to each other, they face a higher amount of N to N and S to S repulsion, so they are pushed with a greater force than they would be when they would be apart (as the case is for d=1. 6 cm). This in result decreases the time period, as the 20 oscillations are completed in a lesser time period.

BUSINESS MODELS, CUSTOMER & CROSS-CULTURAL EXPERIENCES Assignment - 2

BUSINESS MODELS, CUSTOMER & CROSS-CULTURAL EXPERIENCES - Assignment Example This shows that the fee is reasonable and that is the reason as to why many people were able to afford this treatment. The cost compete with that of laser treatment, and therefore, the company has made it possible to secure more patients using the LED instead of them going for laser treatment at almost the same cost. The annual quantity of the LED cannot be estimated unless the service providers give information on the quantity that they use on each treatment. In ensuring the marketing of the product, the company may be in a position to make donations to the charity organizations, which in turn may promote the product, making it possible for people to seek more treatment from the company. Another way in which the product can be promoted is by ensuring that the company creates a clear relationship with the clients, and this can be done through social networks and websites. The clients may in turn promote the product and bring in more people to seek the same treatment (Michalowicz, 2009). The Company’s approach to the manufacture of the product should be through the government and the research institutions which have proved that the product is safe and can be used for treatment. The company should also ensure that it designs the system which is required in the production of LED. As the CEO of the company, I would work together with the service providers to ensure that the product is well used in order to satisfy the customers, and also make sure that the costs are favorable and competitive with other companies such as those which offer laser treatment. The main business idea is that of coming up with a computer which can only be established through a team of people, and which can be sold at a relatively high cost for the benefit of the company. In order to come up with the evolution of the computer, it means that Andy wants to be a

Critically examine and assess the importance in the development of Essay

Critically examine and assess the importance in the development of judicial review of the case- Roy v kensington & chelsea & westminster family practitioner com - Essay Example Different views can be held of the role of the courts in this area, but they all have one thing in common; they see the prime function of judicial control as essentially negative, namely to ensure that government bodies do not overstep the proper blends of their powers and to protect individuals and the interests of groups and of the public against undue encroachment by government agencies. The two judicial reviews which make it less than ideally adapted to the function of ensuring administrative efficiency are; first is unsystematic nature of judicial review; Courts will review the activities of government only when asked to do so, within a time, by an applicant with the required interest in the outcome of the review. Judicial review cannot be used to conduct wide-ranging and coordinated investigations into the conduct of government business and secondly judicial review is essentially retrospective; its primary concern is with past conduct, and its effect 1on the future conduct of t he administration is incidental (Cooper, 1988). In United Kingdom constitution, the major weapon of judicial control over the exercise of governmental power is provided by the action for judicial review. This action serves to keep public bodies within the scope of the power conferred on them by the law. Prior to the present law commission inquiry into procedural aspects of judicial review, there have been significant changes in the ways in which governmental power is exercised and controlled. This focuses on the law commission’s report number 226 the ‘Judicial Review and Statutory Appeals’ which examines specific proposals contained therein arguing that, underlying the reforms there exists no coherent vision of the future role of public law. But instead, what is revealed is a confused cocktail of measures in which the tension between the legitimate needs of public administration and the opposing requirement that

Tools of Monetary Policy Essay Example | Topics and Well Written Essays - 1000 words - 1

Tools of Monetary Policy - Essay Example We consider these one by one in what follows. i) The required reserve ratio To understand the operational mechanism of this particular monetary policy tool, it is imperative to understand what the monetary base of an economy is. Essentially, the monetary base of an economy is defined as being the sum total of all cash holdings and reserves in the economy, i.e., the monetary base MB = C+R where C = currency/checkable deposits and R = total reserves. Further, R = RR+ER where RR is the required reserves and ER is the excess reserves. Required reserves are determined through the required reserve ratio (r) which is set by the central bank. The central bank sets the ratio of total deposits that commercial banks and other financial lending institutions have to hold as reserves. The excess reserves are the reserve holdings maintained by these banks for liquidity concerns or prudence over and above the stipulated required reserve holdings. The required reserve ratio is the policy tool by regu lating which the central bank can control the amount of excess reserves and thus loanable funds of the banks. Thus by controlling these reserves the money supply in the economy can be regulated. If the central bank intends to undertake expansionary monetary policy it can do so by relaxing the reserve requirement and consequentially increasing the amount of loans that can be made in the economy. If on the other hand it needs to conduct contractionary monetary policy, it can do so by making the reserve requirement more stringent. ii) The discount policy The discount rate is one of the monetary policy tools of the central bank of an economy. It is the rate of interest that the central bank charges for short term loans that it forwards to other banks that require such loans to cover shortages in their liquidity requirements. Discount policy affects the money supply of an economy through two channels: first, by affecting the discount rate on loans and thus in turn affecting the amount of loans indirectly and secondly, by altering the amounts of the short term loans directly. In case of the first channel, that is changing the discount rate, this may or may not have an impact on money supply depending on the position of the demand for reserves (RD). The effect of increasing the discount rate on the money supply is shown below in diagram 1. In part (a), the demand for reserves is not high enough and as a result there are no changes in the equilibrium reserve holdings. In part (b) there is a high demand for reserves and as a consequence, there is a decline in the equilibrium reserve holdings. Figure 1: Impact of increases in the discount rate In the diagram above, there is an increase in the discount rate from to . Consequentially the supply of reserves schedule rises from to . However, observe that in part (a) the demand for reserves are lower than in part (b). In particular the demand for reserves schedule is not high enough in part (a) to substantiate any efficacy o f increasing the discount rate. In fact in such a scenario, a decline in the discount rate could have an impact by increasing the equilibrium reserve holdings if the rate is lowered below the bank rate. However, this will make sense if the resulting effect of increased money supply is the desired result. As a result, albeit the increase in the discount rate leads to a rise in the supply of reserves, there is no change in the equilibri

Evaluation Of Strengths And Weaknesses Education Essay

Evaluation Of Strengths And Weaknesses Education Essay Everyone has special qualities about themselves that give them their individuality. These qualities can be dissected into specific qualities called strengths and weaknesses. To grow as a person, we have to identify our own strengths to help us overcome our weaknesses. Understanding the learning types and behaviors of each makes me more aware of how I should pattern myself to learn more effectively, and not punish myself for thinking one way of learning would be better than another. I will discuss my personal strengths and weaknesses and explain how I plan to overcome my weaknesses in my personal and professional life. My strengths have always allowed me to be successful in everything I have attempted in my life. EVALUATION OF STRENGTHS AND WEAKNESSES Life is a never ending learning experience. One of the most important lessons we can ever learn from comes from within. As we go through life, it is important that we learn who we are, and have the ability to identify and grow from our own personal strength and weaknesses. Knowing what we are good at and what we are weak in is the only way we can truly grow as individuals. This knowledge helps us to achieve the goals we set for ourselves in life. Through taking this personal inventory of my strength and weaknesses, I have determined what I need to do not only to better understand who I am, but how to improve my life. In order to assess my strength, Skill audits assessment has shown me where I can play to my strengths, and bring in others to fill my weaknesses. (docshare.com) Marcus Buckingham (ezinearticles.com), a bestselling author and business consultant, defines strengths and weaknesses by the emotions that they evoke. Paraphrasing, he states: Strength is something that makes you feel stronger after you complete the task. It energizes you.  A weakness, on the other hand, is something that physically drains you- in other words, you may very well be good at a particular task or skill, yet when you complete it, it leaves you more tired than when you started. (ezinearticles.com) I would like to show evaluation of my strengths and weaknesses below on the basis of the skills audit which is finished and submitted: Communication:- Any act by which one person gives to or receives from another person information about that persons needs, desires, perceptions, knowledge, or affective states. Communication may be intentional or unintentional, may involve conventional or unconventional signals, may take linguistic or non-linguistic forms, and may occur through spoken or other modes. (unm.edu) I consider as strength my communication because I communicate effectively with the guest, colleagues and my managers. I understand the guest need either speaking or in writing. And I deliver the service according their need. As I work in Room Service so most of the time I communicate to the guest via phone. My colleagues and managers understand clearly what I am trying to say to them and there is more verbal communication than writing in my job profile and have never misunderstandings in communication with my colleagues and guests. Sometimes I write emails and reports effectively to my manager so it shows that I communicate effectively. Working with Others:- A tight knit team is a group of competent individuals who care deeply about each other. They are fiercely committed to their mission, and are highly motivated to combing their energy and expertise to achieve a common objective. (ezinearticles.com) Usually I worked in Room Service. But I helped in the restaurants and bar as team member. I have always enjoyed working within a team of individuals that have come together to be more productive. Since joining the hotel, the experience of working within a team has enhanced my ability to work with others in a wide variety of situations. I often provide assistance to fellow employees when they are in bind. I am appreciated by my peers for always lending a helping hand when needed. If someone criticised me I have accepted because it helped me to learn from criticism because you wont do same mistake again next time. I always kept me looking for the opportunity to be involved in a productive team. Improving Own Learning and Performance:- I have handled my studies, part time job and social life because my college attendance 95% and I never got late to my job and social life is fine as well. As I worked in R/S alone without any supervisor but I worked in restaurant and bar as well at the same time. It shows us that I performer several task and I have ability to work alone. I always plan my own work and completed my work within deadlines. Sometimes, I achieved my goals but most of time I didnt achieve goal due to no time management and other reasons. But unfortunately I never got any delegate task. I always am willing to learn from my studies, managers, colleague and work. Therefore, I am able do multitasking job in F B depts. Problem Solving:- Problem solving is a set of activities designed to analyze a situation Systematically and generate, implement and evaluate solutions.(training.fema.gov) some time I have to dealt with awkward guests so, first it is necessary to understand the guest that what the guest is wanting and accordingly I deliver the service/solution to, while keep in mind my hotel policies and values. It is important to keep you calm in under pressure because it gives you strength to handle the situation effectively. It is important to identify the problem carefully and to think about best solution with alternative solution as well before you take any action or decision because it gives you more choices of solution to help you making good decision. I made good decision most of time but when I took wrong decisions then I tried to learn from them and converted into right decision. I consider problem solving is my strength. Application of Numbers:- it is necessary to make the appropriate calculations or interpret data when serving customers because it helps you to understand how many customer are coming to your restaurant and you make yourself ready accordingly in terms of Mise n place. Sometimes I do breakfast shift and I calculate early in the morning from the room occupancy/ guest list that how many guest will do breakfast today then I tell to chefs and they cook the breakfast according to the no. of guest which saves the energy and food wastage. I believe that its one of my strength. Information Technology Proficiency:- Information Technology (IT) has not left untouched most aspects of our business and life. Therefore it is necessary to have knowledge of IT for everyone in competitive world. I consider IT as strength of mine because I am very proficient while using Microsoft office and PMS. I know how to create chart and tables on MS Office. I use IT for making report, presentation, writing Email to guest, order taking, billing etc. Motivation:- Internal and external  factors  that stimulate desire and  energy  in people to be continually interested in and committed to a  job,  role, or  subject, and to exert persistent effort in attaining a  goal. (businessdictionary.com) I am very motivated personally as well as professionally. It helps me to achieve the goals. I always try to learn new things from my manager and colleagues. I work every shift according to the Rota. I always show positive attitude to my managers. I believe in honesty and hard work which make me stronger at work. Flexibility and Adaptability:- A role with flexible boundaries can be enacted in various settings and at various times (Ashforth, Kreiner,   Fugate, 2000, p. 474) another one of my strengths is my ability to adapt to nearly any type of environment, which allows me the flexibility to be comfortable talking to many different levels of people. I always shows can do attitude to my manager and keep positive attitude to work at any time and any place. I work according to Rota whether its morning or evening or night shifts. I learn new things being flexible and adaptable at workplace. Leadership:- Warren Bennis definition of leadership is focused much more on the individual capability of the leader : Leadership is a function of knowing yourself, having a vision that is well communicated, building trust among colleagues, and taking effective action to realize your own leadership potential. (www.teal.org.uk) I do leadership sometimes but not often. Actually I do supervising in breakfast shift. I take responsibility my own work, whether its correct or not. Whenever, new entrants join the restaurant or R/S. I always approach and try to help effectively to new colleagues when they needed. I believe that leadership is my strength as well. Creativity Initiative Creativity is marked by the ability or power to create, to bring into existence, to invest with a new form, to produce through imaginative skill, to make or bring into existence something new.  (uwsp.edu) I am creative and take initiative at work place. I like to give new ideas to my supervisor and managers. I have taken initiative to change my Room Service menu. I got an opportunity to rectify the breakfast setup. And I took initiative to set right setup of breakfast, lunch and dinner in R/S which was appreciated by my managers. Self Confidence:- Giacomo Casanova states that   It is only necessary to have courage, for strength without self-confidence is useless. (brainyquote.com) I am highly confident personally as well as professionally to talk and handle the customers. I got appreciation on comment card by guest so many times. I am confident enough to talk diplomatic way with my colleagues and managers when needed. On the other hand, I consider judgement and sensitive issues as a weakness due to lack of experience because sometimes I could not able to take right judgement. I couldnt able deal with sensitive issue. My time management skill is my greatest weaknesses because I know that this causes me great stress in my professional life. I often tend to stay up all night late. This leads to some fairly exhausted day. The home environment is just full of distraction, which cause me to procrastinate. There is always a reason to watch television, spend time with my friends, clean the house etc. My other negative trait would be that I likely to be a perfectionist. When I do things I do them in such a methodical way that I am not satisfied until they are just right in my eyes. When working on group project, I sometimes get frustrated when other does not put forth the same level of effort that I do. Often I find myself losing patience with those who dont share my same ideas. Conclusion Research has shown that life is a learning experience. The strengths and weaknesses I have discussed are part of what makes me an individual. By identifying them, I am able devise a plan to improve my areas of weakness, while using my strength to my advantage. My objective is that through reinforcing my strengths and overcoming my weaknesses, I will be more successful in both my personal and professional life. Recommendation I would like to recommend myself that I should have to check my strength and weaknesses time to time in order to check my strength and weaknesses in order to achieve my goals. I should set a personal goal aimed toward correcting my weaknesses. I should decide to work on my time management skills. I should plan to start this process by pushing myself to dedicate more of my free time to college work. This is the area that is most negatively affected by my delay needlessly. I will also try to be more effective in the way I manage my schedule at work. I should plan to work on my patience and understanding of others different styles and perspectives. Last, I should work on my judgement as well.

Pie 123

1. External  economies  of  scale  arise  when  the  cost  per  unit A. rises  as  the  industry  grows  larger. B. falls  as  the  industry  grows  larger  rises  as  the  average  firm  grows  larger. C. falls  as  the  average  firm  grows  larger. D. remains  constant. E. None  of  the  above. Answer:  B 2. Internal  economies  of  scale  arise  when  the  cost  per  unit A. rises  as  the  industry  grows  larger. B. falls  as  the  industry  grows  larger. C. rises  as  the  average  firm  grows  larger. D. falls  as  the  average  firm  grows  larger. E. None  of  the  above. Answer:  D 3. External  economies  of  scale A. ay  be  associated  with  a  perfectly  competitive  industry. B. cannot  be  associated  with  a  perfectly  competitive  industry. C. tends  to  result  in  one  huge   monopoly. D. tends  to  result  in  large  profits  for  each  firm. E. None  of  the  above. Answer:  A 4. Internal  economies  of  scale A. may  be  associated  with  a  perfectly  competitive  industry. B. cannot  be  associated  with  a  perfectly  competitive  industry. C. are  associated  only  with  sophisticated  products  such  as  aircraft. D. cannot  form  the  basis  for  international  trade  . E. None  of  the  above. Answer:  B 5. A  monopolistic  firm A. an  sell  as  much  as  it  wants  for  any  price  it  determines  in  the  market. B. cannot  determine  the  price,  which  is  determined  by  consumer  demand. C. will  never  sell  a  product  whose  demand  is  inelastic  at  the  quantity  sold. D. cannot  sell  additional  quantity  unless  it  raises  the  price  on  eac h  unit. E. None  of  the  above. Answer:  C 7 6. Monopolistic  competition  is  associated  with A. cut-throat  price  competition. B. product  differentiation. C. explicit  consideration  at  firm  level  of  the  feedback  effects  of  other  firms' pricing  decisions. D. high  profit  margins. E. None  of  the  above. Answer:  B 29.Two  countries  engaged  in  trade  in  products  with  no  scale  economies,  produced under  conditions  of  perfect  competition,  are  likely  to  be  engaged  in A. monopolistic  competition. B. inter-industry  trade. C. intra-industry  trade. D. Heckscher-Ohlin  trade. E. None  of  the  above. Answer:  B 19. A  monopoly  firm  engaged  in  international  trade  will A. equate  average  to  local  costs. B. equate  marginal  costs  with  foreign  marginal  revenues. C. equate  marginal  costsà ‚  with  the  highest  price  the  market  will  bear. D. equate  marginal  costs  with  marginal  revenues  in  both  domestic  and  in foreign  markets. E. None  of  the  above.Answer:  D 9. Where  there  are  economies  of  scale,  the  scale  of  production  possible  in  a  country is  constrained  by A. the  size  of  the  country. B. the  size  of  the  trading  partner's  country. C. the  size  of  the  domestic  market. D. the  size  of  the  domestic  plus  the  foreign  market. E. None  of  the  above. Answer:  D Brown field : , Green field : 21. A  firm  in  monopolistic  competition A. earns  positive  monopoly  profits  because  each  sells  a  differentiated product. B. earns  positive  oligopoly  profits  because  each  firm  sells  a  differentiated product.C. earns  zero  econ omic  profits  because  it  is  in  perfectly  or  pure  competition. D. earns  zero  economic  profits  because  of  free  entry. E. None  of  the  above. Answer:  D 16. International  trade  based  on  scale  economies  is  likely  to  be  associated  with A. Ricardian  comparative  advantage. B. comparative  advantage  associated  with  Heckscher-Ohlin  factor- proportions. C. comparative  advantage  based  on  quality  and  service. D. comparative  advantage  based  on  diminishing  returns. E. None  of  the  above. Answer:  E ———————————————Ch7———————————————- . The  effective  rate  of  protection  measures A. the  Ã¢â‚¬Å"true†Ã‚  ad  valorum  v alue  of  a  tariff. B. the  quota  equivalent  value  of  a  tariff. C. the  efficiency  with  which  the  tariff  is  collected  at  the  customhouse. D. the  protection  given  by  the  tariff  to  domestic  value  added. E. None  of  the  above. Answer:  D 1. Specific  tariffs  are A. import  taxes  stated  in  specific  legal  statutes. B. import  taxes  calculated  as  a  fixed  charge  for  each  unit  of  imported  goods. C. import  taxes  calculated  as  a  fraction  of  the  value  of  the  imported  goods. D. the  same  as  import  quotas. E. None  of  the  above. Answer:  B . Ad  valorem  tariffs  are A. import  taxes  stated  in  ads  in  industry  publications. B. import  taxes  calculated  as  a  fixed  charge  for  each  unit  of  imported  goods. A. import  taxes  calculated  as  a  fraction  of  the  value  of  the  imported  goods. B. the  same  as  import  quotas C. None  of  the  above. Answer:  C The  main  redistribution  effect  of  a  tariff  is  the  transfer  of  income  from A. domestic  producers  to  domestic  buyers. B. domestic  buyers  to  domestic  producers. C. domestic  producers  to  domestic  government. D. domestic  government  to  domestic  consumers. E. None  of  the  above. Answer:  B 21.Which  of  the  following  policies  permits  a  specified  quantity  of  goods  to  be imported  at  one  tariff  rate  and  a  higher  tariff  rate  to  imports  above  this  quantity? A. Import  tariff B. Voluntary  exports  restraint C. Tariff  quota D. Ad  valorum  tariff E. None  of  the  above. Answer:  C 22. Should  the  home  country  be  Ã¢â‚¬Å"large†Ã‚  relative  to  its  trade  partners,  its  imposition  of a  tariff  on  imports  would  lead  to  an  increase  in  domestic  welfare  if  the  terms  of the  trade  rectangle  exceed  the  sum  of  the A. revenue  effect  plus  redistribution  effect. B. protective  effect  plus  revenue  effect. C. consumption  effect  plus  redistribution  effect.D. protective  distortion  effect  plus  consumption  distortion  effect. E. None  of  the  above. Answer:  D An import quota: Is always more costly to a country than an import tariff. Has the same effects on welfare as an import tariff. Generates rents that might go to foreigners. Is always less costly to a country than an import tariff. -> -> ? ? ——————————-Ch9————————————à ¢â‚¬â€Ã¢â‚¬â€- 27. The  imperfect  capital  market  justification  for  infant  industry  promotion A. Assumes  that  new  industries  will  tend  to  have  low  profits. B.Assumes  that  infant  industries  will  soon  mature. C. Assumes  that  infant  industries  will  be  in  products  of  comparative advantage. D. Assumes  that  banks  can  allocate  resources  efficiently. E. None  of  the  above. Answer:  A 2. Sophisticated  theoretical  arguments  supporting  import-substitution  policies include A. Terms  of  trade  effects. B. Scale  economy  arguments. C. Learning  curve  considerations. D. The  problem  of  appropriability. E. None  of  the  above. Answer:  D 14. Which  industrialization  policy  used  by  developing  countries  places  emphasis  on the  comparative  advantage  principle  as  a  guide  to  resource  allocation? A. Export  promotion.B. Import  substitution. C. International  commodity  agreements. D. Infant  Industry  promotion. E. None  of  the  above. Answer:  A 1. The  infant  industry  argument  was  an  important  theoretical  basis  for A. Neo-colonialist  theory  of  international  exploitation. B. Import  Ã¢â‚¬â€œÃ‚  substituting  industrialization. C. Historiography  of  the  industrial  revolution  in  Western  Europe. D. East-Asian  miracle. E. None  of  the  above. Answer:  B 6. The  wage  differential  theory  which  argued  that  shifting  resources  from  agriculture to  manufacturing  entailed  positive  social  benefits  implied  that A. Free  trade  policies  would  promote  competitiveness. B.Free  trade  policies  would  promote  economic  growth  for  both  static  and dynamic  reasons. C. Protectionism  was  likel y  to  lead  to  economic  stagnation. D. Protectionism  and  import  substitution  was  likely  to  promote  economic growth. Answer:  D 12. Which  trade  strategy  have  developing  countries  used  to  restrict  imports  of manufactured  goods  so  that  the  domestic  market  is  preserved  for  home  producers, who  thus  can  take  over  markets  already  established  in  the  country? A. International  commodity  agreement. B. Export  promotion. C. Multilateral  contract. D. Import  substitution. E. None  of  the  above. Answer:  D 18. Import  substitution  policies  make  use  ofA. Tariffs  that  discourage  goods  from  entering  a  country. B. Quotas  applied  to  goods  that  are  shipped  abroad. C. Production  subsidies  granted  to  industries  with  comparative  advantage. D. Tax  breaks  granted  to  i ndustries  with  comparative  advantage. E. None  of  the  above. Answer:  A 25. The  infant  industry  argument  is  that A. Comparative  advantage  is  irrelevant  to  economic  growth B. Developing  countries  have  a  comparative  advantage  in  agricultural  goods. C. Developing  countries  have  a  comparative  advantage  in  manufacturing. D. Developing  countries  have  a  potential  comparative  advantage  in manufacturing. E. None  of  the  above.Answer:  D 26. The  infant  industry  argument  calls  for  active  government  involvement A. Only  if  the  government  forecasts  are  accurate. B. Only  if  some  market  failure  can  be  identified. C. Only  if  the  industry  is  not  one  already  dominated  by  industrial  countries. D. Only  if  the  industry  has  a  high  value  added. E. None  of  t he  above. Answer:  B 30. Import  substitution  policies  have  over  time  tended  to  involve  all  but  the  following A. Overlapping  import  quotas. B. Exchange  controls. C. Domestic  content  rules. D. Simple  tariffs. E. Multiple  exchange  rate  schemes. Answer:  D 35. The  HPAE  (High  Performance  Asian  Economies)  countriesA. Have  all  consistently  supported  free  trade  policies. B. Have  all  consistently  maintained  import-substitution  policies. C. Have  all  consistently  maintained  non-biased  efficient  free  capital  markets . D. Have  all  maintained  openness  to  international  trade. E. None  of  the  above. Answer:  D ================================ch11========================== 1. The  world’s  economies  can  be  divided  into  four  main  categories  according  to their  annual  per-capita  incomeà ‚  levels:  low-income,  lower  middle-income,  upper middle-  income  and  high-income  economies. What  category  would  Pakistan  and India  fall  under? A.Low-income B. Upper  middle-  income C. High-income D. Lower  middle-income E. Pakistan  and  India  fall  between  lower-middle  and  upper-middle Answer:  A 2. While  many  developing  countries  have  reformed  their  economies  in  order  to imitate  the  success  of  the  successful  industrial  economies,  the  process  remains incomplete  and  most  developing  countries  tend  to  be  characterized  by  all  of  the following  except: A. Seigniorage B. Control  of  capital  movements  by  limiting  foreign  exchange  transactions connected  with  trade  in  assets. C. Use  of  natural  resources  or  agricultural  commodities  as  an  important  share of  expo rts.D. A  worse  job  of  directing  savings  toward  their  most  efficient  investment uses. E. Reduced  corruption  and  poverty  due  to  limited  underground  markets. Answer:  E 4. Compared  with  industrialized  economies,  most  developing  countries  are  poor  in the  factors  of  production  essential  to  modern  industry:  These  factors  are A. capital  and  skilled  labor B. capital  and  unskilled  labor C. fertile  land  and  unskilled  labor D. fertile  land  and  skilled  labor E. water  and  capital Answer:  A 5. The  main  factors  that  discourage  investment  in  capital  and  skills  in  developing countries  are: A. olitical  instability,  insecure  property  rights B. political  instability,  insecure  property  rights,  misguided  economic  policies C. political  instability,  misguided  economicà ‚  policies D. political  instability E. insecure  property  rights,  misguided  economic  policies Answer:  B 6. The  world’s  economies  can  be  divided  into  four  main  categories  according  to their  annual  per-capita  income  levels:  low-income,  lower  middle-income,  upper middle-  income  and  high-income  economies. What  category  would  sub-Saharan Africa  fall  under? A. Low-income B. Upper  middle-  income C. High-income D. Lower  middle-income E.Sub-Saharan  Africa  falls  between  lower-middle  and  upper-middle Answer:  A 7. The  world’s  economies  can  be  divided  into  four  main  categories  according  to their  annual  per-capita  income  levels:  low-income,  lower  middle-income,  upper middle-  income  and  high-income  economies. What  category  would  mainland China  fall  under? A. Low-income B. Upper  middle-  income C. High-income D. Lower  middle-income Answer:  B 8. The  world’s  economies  can  be  divided  into  four  main  categories  according  to their  annual  per-capita  income  levels:  low-income,  lower  middle-income,  upper middle-  income  and  high-income  economies.What  category  would  the  smaller Latin  American  and  Caribbean  countries  fall  under? A. Low-income B. Upper  middle-  income C. High-income D. Lower  middle-income E. Smaller  Latin  American  and  Caribbean  countries  fall  between  low  income and  lower  middle  income Answer:  D 9. The  world’s  economies  can  be  divided  into  four  main  categories  according  to their  annual  per-capita  income  levels:  low-income,  lower  middle-income,  upper middle-  income  and  high-income  economies. What  category  would  the  Saudi Arabia  falls  under? A. Low-income B.Upper  middle-  income C. High-income D. Lower  middle-income E. Saudi  Arabia  falls  between  low  income  and  lower  middle  income economies Answer:  B 10. The  world’s  economies  can  be  divided  into  four  main  categories  according  to their  annual  per-capita  income  levels:  low-income,  lower  middle-income,  upper middle-  income  and  high-income  economies. What  category  would  the  Turkey falls  under? A. Low-income B. Upper  middle-  income C. High-income D. Lower  middle-income E. Turkey  falls  between  low  income  and  lower  middle  income  economiesAnswer:  B 11. The  world’s  economies  can  be  divided  into  four  main  categories  according  to their  annual  per-capita  income  levels:  low-income,  lower  middle-income,  uppe r middle-  income  and  high-income  economies. What  category  would  the  Poland, Hungary,  and  the  Czech  and  Slovak  Republics  fall  under? A. Low-income B. Upper  middle-  income C. High-income D. Lower  middle-income E. Poland,  Hungary,  and  the  Czech  and  Slovak  Republics  fall  between  low income  and  lower  middle  income  economies Answer:  B Pie 123 1. External  economies  of  scale  arise  when  the  cost  per  unit A. rises  as  the  industry  grows  larger. B. falls  as  the  industry  grows  larger  rises  as  the  average  firm  grows  larger. C. falls  as  the  average  firm  grows  larger. D. remains  constant. E. None  of  the  above. Answer:  B 2. Internal  economies  of  scale  arise  when  the  cost  per  unit A. rises  as  the  industry  grows  larger. B. falls  as  the  industry  grows  larger. C. rises  as  the  average  firm  grows  larger. D. falls  as  the  average  firm  grows  larger. E. None  of  the  above. Answer:  D 3. External  economies  of  scale A. ay  be  associated  with  a  perfectly  competitive  industry. B. cannot  be  associated  with  a  perfectly  competitive  industry. C. tends  to  result  in  one  huge   monopoly. D. tends  to  result  in  large  profits  for  each  firm. E. None  of  the  above. Answer:  A 4. Internal  economies  of  scale A. may  be  associated  with  a  perfectly  competitive  industry. B. cannot  be  associated  with  a  perfectly  competitive  industry. C. are  associated  only  with  sophisticated  products  such  as  aircraft. D. cannot  form  the  basis  for  international  trade  . E. None  of  the  above. Answer:  B 5. A  monopolistic  firm A. an  sell  as  much  as  it  wants  for  any  price  it  determines  in  the  market. B. cannot  determine  the  price,  which  is  determined  by  consumer  demand. C. will  never  sell  a  product  whose  demand  is  inelastic  at  the  quantity  sold. D. cannot  sell  additional  quantity  unless  it  raises  the  price  on  eac h  unit. E. None  of  the  above. Answer:  C 7 6. Monopolistic  competition  is  associated  with A. cut-throat  price  competition. B. product  differentiation. C. explicit  consideration  at  firm  level  of  the  feedback  effects  of  other  firms' pricing  decisions. D. high  profit  margins. E. None  of  the  above. Answer:  B 29.Two  countries  engaged  in  trade  in  products  with  no  scale  economies,  produced under  conditions  of  perfect  competition,  are  likely  to  be  engaged  in A. monopolistic  competition. B. inter-industry  trade. C. intra-industry  trade. D. Heckscher-Ohlin  trade. E. None  of  the  above. Answer:  B 19. A  monopoly  firm  engaged  in  international  trade  will A. equate  average  to  local  costs. B. equate  marginal  costs  with  foreign  marginal  revenues. C. equate  marginal  costsà ‚  with  the  highest  price  the  market  will  bear. D. equate  marginal  costs  with  marginal  revenues  in  both  domestic  and  in foreign  markets. E. None  of  the  above.Answer:  D 9. Where  there  are  economies  of  scale,  the  scale  of  production  possible  in  a  country is  constrained  by A. the  size  of  the  country. B. the  size  of  the  trading  partner's  country. C. the  size  of  the  domestic  market. D. the  size  of  the  domestic  plus  the  foreign  market. E. None  of  the  above. Answer:  D Brown field : , Green field : 21. A  firm  in  monopolistic  competition A. earns  positive  monopoly  profits  because  each  sells  a  differentiated product. B. earns  positive  oligopoly  profits  because  each  firm  sells  a  differentiated product.C. earns  zero  econ omic  profits  because  it  is  in  perfectly  or  pure  competition. D. earns  zero  economic  profits  because  of  free  entry. E. None  of  the  above. Answer:  D 16. International  trade  based  on  scale  economies  is  likely  to  be  associated  with A. Ricardian  comparative  advantage. B. comparative  advantage  associated  with  Heckscher-Ohlin  factor- proportions. C. comparative  advantage  based  on  quality  and  service. D. comparative  advantage  based  on  diminishing  returns. E. None  of  the  above. Answer:  E ———————————————Ch7———————————————- . The  effective  rate  of  protection  measures A. the  Ã¢â‚¬Å"true†Ã‚  ad  valorum  v alue  of  a  tariff. B. the  quota  equivalent  value  of  a  tariff. C. the  efficiency  with  which  the  tariff  is  collected  at  the  customhouse. D. the  protection  given  by  the  tariff  to  domestic  value  added. E. None  of  the  above. Answer:  D 1. Specific  tariffs  are A. import  taxes  stated  in  specific  legal  statutes. B. import  taxes  calculated  as  a  fixed  charge  for  each  unit  of  imported  goods. C. import  taxes  calculated  as  a  fraction  of  the  value  of  the  imported  goods. D. the  same  as  import  quotas. E. None  of  the  above. Answer:  B . Ad  valorem  tariffs  are A. import  taxes  stated  in  ads  in  industry  publications. B. import  taxes  calculated  as  a  fixed  charge  for  each  unit  of  imported  goods. A. import  taxes  calculated  as  a  fraction  of  the  value  of  the  imported  goods. B. the  same  as  import  quotas C. None  of  the  above. Answer:  C The  main  redistribution  effect  of  a  tariff  is  the  transfer  of  income  from A. domestic  producers  to  domestic  buyers. B. domestic  buyers  to  domestic  producers. C. domestic  producers  to  domestic  government. D. domestic  government  to  domestic  consumers. E. None  of  the  above. Answer:  B 21.Which  of  the  following  policies  permits  a  specified  quantity  of  goods  to  be imported  at  one  tariff  rate  and  a  higher  tariff  rate  to  imports  above  this  quantity? A. Import  tariff B. Voluntary  exports  restraint C. Tariff  quota D. Ad  valorum  tariff E. None  of  the  above. Answer:  C 22. Should  the  home  country  be  Ã¢â‚¬Å"large†Ã‚  relative  to  its  trade  partners,  its  imposition  of a  tariff  on  imports  would  lead  to  an  increase  in  domestic  welfare  if  the  terms  of the  trade  rectangle  exceed  the  sum  of  the A. revenue  effect  plus  redistribution  effect. B. protective  effect  plus  revenue  effect. C. consumption  effect  plus  redistribution  effect.D. protective  distortion  effect  plus  consumption  distortion  effect. E. None  of  the  above. Answer:  D An import quota: Is always more costly to a country than an import tariff. Has the same effects on welfare as an import tariff. Generates rents that might go to foreigners. Is always less costly to a country than an import tariff. -> -> ? ? ——————————-Ch9————————————à ¢â‚¬â€Ã¢â‚¬â€- 27. The  imperfect  capital  market  justification  for  infant  industry  promotion A. Assumes  that  new  industries  will  tend  to  have  low  profits. B.Assumes  that  infant  industries  will  soon  mature. C. Assumes  that  infant  industries  will  be  in  products  of  comparative advantage. D. Assumes  that  banks  can  allocate  resources  efficiently. E. None  of  the  above. Answer:  A 2. Sophisticated  theoretical  arguments  supporting  import-substitution  policies include A. Terms  of  trade  effects. B. Scale  economy  arguments. C. Learning  curve  considerations. D. The  problem  of  appropriability. E. None  of  the  above. Answer:  D 14. Which  industrialization  policy  used  by  developing  countries  places  emphasis  on the  comparative  advantage  principle  as  a  guide  to  resource  allocation? A. Export  promotion.B. Import  substitution. C. International  commodity  agreements. D. Infant  Industry  promotion. E. None  of  the  above. Answer:  A 1. The  infant  industry  argument  was  an  important  theoretical  basis  for A. Neo-colonialist  theory  of  international  exploitation. B. Import  Ã¢â‚¬â€œÃ‚  substituting  industrialization. C. Historiography  of  the  industrial  revolution  in  Western  Europe. D. East-Asian  miracle. E. None  of  the  above. Answer:  B 6. The  wage  differential  theory  which  argued  that  shifting  resources  from  agriculture to  manufacturing  entailed  positive  social  benefits  implied  that A. Free  trade  policies  would  promote  competitiveness. B.Free  trade  policies  would  promote  economic  growth  for  both  static  and dynamic  reasons. C. Protectionism  was  likel y  to  lead  to  economic  stagnation. D. Protectionism  and  import  substitution  was  likely  to  promote  economic growth. Answer:  D 12. Which  trade  strategy  have  developing  countries  used  to  restrict  imports  of manufactured  goods  so  that  the  domestic  market  is  preserved  for  home  producers, who  thus  can  take  over  markets  already  established  in  the  country? A. International  commodity  agreement. B. Export  promotion. C. Multilateral  contract. D. Import  substitution. E. None  of  the  above. Answer:  D 18. Import  substitution  policies  make  use  ofA. Tariffs  that  discourage  goods  from  entering  a  country. B. Quotas  applied  to  goods  that  are  shipped  abroad. C. Production  subsidies  granted  to  industries  with  comparative  advantage. D. Tax  breaks  granted  to  i ndustries  with  comparative  advantage. E. None  of  the  above. Answer:  A 25. The  infant  industry  argument  is  that A. Comparative  advantage  is  irrelevant  to  economic  growth B. Developing  countries  have  a  comparative  advantage  in  agricultural  goods. C. Developing  countries  have  a  comparative  advantage  in  manufacturing. D. Developing  countries  have  a  potential  comparative  advantage  in manufacturing. E. None  of  the  above.Answer:  D 26. The  infant  industry  argument  calls  for  active  government  involvement A. Only  if  the  government  forecasts  are  accurate. B. Only  if  some  market  failure  can  be  identified. C. Only  if  the  industry  is  not  one  already  dominated  by  industrial  countries. D. Only  if  the  industry  has  a  high  value  added. E. None  of  t he  above. Answer:  B 30. Import  substitution  policies  have  over  time  tended  to  involve  all  but  the  following A. Overlapping  import  quotas. B. Exchange  controls. C. Domestic  content  rules. D. Simple  tariffs. E. Multiple  exchange  rate  schemes. Answer:  D 35. The  HPAE  (High  Performance  Asian  Economies)  countriesA. Have  all  consistently  supported  free  trade  policies. B. Have  all  consistently  maintained  import-substitution  policies. C. Have  all  consistently  maintained  non-biased  efficient  free  capital  markets . D. Have  all  maintained  openness  to  international  trade. E. None  of  the  above. Answer:  D ================================ch11========================== 1. The  world’s  economies  can  be  divided  into  four  main  categories  according  to their  annual  per-capita  incomeà ‚  levels:  low-income,  lower  middle-income,  upper middle-  income  and  high-income  economies. What  category  would  Pakistan  and India  fall  under? A.Low-income B. Upper  middle-  income C. High-income D. Lower  middle-income E. Pakistan  and  India  fall  between  lower-middle  and  upper-middle Answer:  A 2. While  many  developing  countries  have  reformed  their  economies  in  order  to imitate  the  success  of  the  successful  industrial  economies,  the  process  remains incomplete  and  most  developing  countries  tend  to  be  characterized  by  all  of  the following  except: A. Seigniorage B. Control  of  capital  movements  by  limiting  foreign  exchange  transactions connected  with  trade  in  assets. C. Use  of  natural  resources  or  agricultural  commodities  as  an  important  share of  expo rts.D. A  worse  job  of  directing  savings  toward  their  most  efficient  investment uses. E. Reduced  corruption  and  poverty  due  to  limited  underground  markets. Answer:  E 4. Compared  with  industrialized  economies,  most  developing  countries  are  poor  in the  factors  of  production  essential  to  modern  industry:  These  factors  are A. capital  and  skilled  labor B. capital  and  unskilled  labor C. fertile  land  and  unskilled  labor D. fertile  land  and  skilled  labor E. water  and  capital Answer:  A 5. The  main  factors  that  discourage  investment  in  capital  and  skills  in  developing countries  are: A. olitical  instability,  insecure  property  rights B. political  instability,  insecure  property  rights,  misguided  economic  policies C. political  instability,  misguided  economicà ‚  policies D. political  instability E. insecure  property  rights,  misguided  economic  policies Answer:  B 6. The  world’s  economies  can  be  divided  into  four  main  categories  according  to their  annual  per-capita  income  levels:  low-income,  lower  middle-income,  upper middle-  income  and  high-income  economies. What  category  would  sub-Saharan Africa  fall  under? A. Low-income B. Upper  middle-  income C. High-income D. Lower  middle-income E.Sub-Saharan  Africa  falls  between  lower-middle  and  upper-middle Answer:  A 7. The  world’s  economies  can  be  divided  into  four  main  categories  according  to their  annual  per-capita  income  levels:  low-income,  lower  middle-income,  upper middle-  income  and  high-income  economies. What  category  would  mainland China  fall  under? A. Low-income B. Upper  middle-  income C. High-income D. Lower  middle-income Answer:  B 8. The  world’s  economies  can  be  divided  into  four  main  categories  according  to their  annual  per-capita  income  levels:  low-income,  lower  middle-income,  upper middle-  income  and  high-income  economies.What  category  would  the  smaller Latin  American  and  Caribbean  countries  fall  under? A. Low-income B. Upper  middle-  income C. High-income D. Lower  middle-income E. Smaller  Latin  American  and  Caribbean  countries  fall  between  low  income and  lower  middle  income Answer:  D 9. The  world’s  economies  can  be  divided  into  four  main  categories  according  to their  annual  per-capita  income  levels:  low-income,  lower  middle-income,  upper middle-  income  and  high-income  economies. What  category  would  the  Saudi Arabia  falls  under? A. Low-income B.Upper  middle-  income C. High-income D. Lower  middle-income E. Saudi  Arabia  falls  between  low  income  and  lower  middle  income economies Answer:  B 10. The  world’s  economies  can  be  divided  into  four  main  categories  according  to their  annual  per-capita  income  levels:  low-income,  lower  middle-income,  upper middle-  income  and  high-income  economies. What  category  would  the  Turkey falls  under? A. Low-income B. Upper  middle-  income C. High-income D. Lower  middle-income E. Turkey  falls  between  low  income  and  lower  middle  income  economiesAnswer:  B 11. The  world’s  economies  can  be  divided  into  four  main  categories  according  to their  annual  per-capita  income  levels:  low-income,  lower  middle-income,  uppe r middle-  income  and  high-income  economies. What  category  would  the  Poland, Hungary,  and  the  Czech  and  Slovak  Republics  fall  under? A. Low-income B. Upper  middle-  income C. High-income D. Lower  middle-income E. Poland,  Hungary,  and  the  Czech  and  Slovak  Republics  fall  between  low income  and  lower  middle  income  economies Answer:  B

Research methodologies – Analysis of the definition

Man has always been curious to know about himself and his surroundings. Every individual is keen to be able to distinguish between reality and falsehood but more than often his or her thirst for the truth is left unquenched. The reason for this is that the methods or ways he or she is using to dig out the truth are not trustworthy. This happens because unfortunately our societies and cultures do not encourage social research. Rather people prefer to sit back at home and rely on alternative sources which are not based on any scientific methods or researches. There are different ways and means through which we acquire knowledge. This knowledge may be highly scientific or know how about routine things. The best of all the sources of knowledge is social research. Social research is defined as a collection of methods people use systematically to produce knowledge. It is more structured organized and systematic process than the knowledge based on alternative sources. It rarely happens that we use social research in order to find the answer to our every day questions rather we use alternative sources of knowledge. These sources could be: 1) the word of the authority, 2) traditions, 3) common sense, 4) media myth, 5) personal experiences. All these sources are weaker as compared to social research. We use these sources only because we lack motivation to find out the reality. Just out of our laziness we decide to rely on these sources of knowledge. To speak of the word of authority as a source of knowledge it is not at all a reliable one. By authority we mean parents, or government, chief executive of any firm or any body who is authoritative. The authority who ever it may be (parents, government, etc.) would mould the truth in a way which is better for itself. The authority is always biased in one of the other manner. We can find many different examples to satisfy the above argument, for instance state owned TV channels keep on giving biased statements about the government policies. They always side with the government and appose the opposition. In Pakistan PTV Khabarnama is the final word for a layman but those who are exposed to other sources of knowledge would agree that PTV Khabarnama is full of prejudices and exaggerations. A secondary example could be that of teachers, young children are so much influenced by their teachers that even if the teacher has committed a spelling mistake they would insist in front of any other person teaching them that their teacher is right. Another weak source of knowledge is traditions. Especially in those areas of the world where literacy rate is low and education is less people blindly follow traditions. Whenever they are facing a problem they would want to look up to the traditional solution. For instance when some one looses hair he or she never goes to a doctor rather sits at home and apply all kinds of hair oils recommended by grandmothers. In extreme cases people blindly follow superstitions which have no scientific arguments. Traditions vary from culture to culture. Something which is considered to be right in the eastern culture might be considered wrong in the western culture therefore traditions cannot be taken as an authenticated source of knowledge. Common sense is another way by which people tend to find answers to their questions or solutions to their problems. This is the most commonly used source of knowledge. Over time human beings learn many things which later become a part of their common sense, more than any other thing they would rely on their common sense. For example if some has launched a new product in the market and has met over whelming success, he or she would increase the production out of common sense. However it might be the case that the initial success was only a result of ‘fancy sales'. Research would have helped him to reach to a conclusion that should he or she have increased the sales or not. Some times common sense proves to be right but at others it does not therefore it can not be relied upon. Media is a great source of information and henceforth knowledge. It has to be taken into consideration that media does not only inform or entertain people it also moulds public opinion about a certain thing. Formation of ideas is one of the major jobs of media. Media might be books, newspapers, TV or anything which comes under the caption of mass communication. Media is very powerful as it leaves an impact on the minds of the people. This way media has created many myths. A layman does not even questions that whether what media shows is truth or falsehood. There are many things we claim to know about, but have never come across them face to face. The knowledge we have about them is through media. It could be a place, a human being, a product, or even any concept. For instance, no one has ever met a Ginny but even a child has a concept that a ginny is huge, horrible looking, with big teeth and big ears. This concept has been learnt from the media in this case story books and cartoons for the children. Another example is that CNN never shows Israel as an aggressor state as a result an average American does not even know that Israel is an aggressor state. On the other hand research and historical facts show that Israel has been unfair with Palestinians. The weakest source of knowledge is personal experience but we as human beings believe it to be the strongest. No individual is ready to say that what he has seen with his naked eyes could be wrong or a misunderstanding. He or she would base his future decisions in that perspective. For example if one goes to a restaurant and has the chance to have a dish which he or she finds delicious, that individual would subconsciously keep believing that this particular restaurant sells tasty food. On the other hand if some individual goes to the same restaurant but does not get the chance to have a tasty dish would believe that the restaurant sells rotten food. However both the individuals might not have experienced the truth. Truth could only be experienced through research, which is going to the restaurant again and again and taking the viewpoint of the people coming there over and over again. The above arguments prove that truth or reality can be revealed only through research. All the alternative sources of knowledge that we use are weak. They can be used but they cannot be relied upon. In order to make worthwhile and professional decisions we can just not depend upon these alternative sources. We have to carry out a social research in order to find out the truth about a certain thing. the reason is that research is always based on facts and figures, it is organized and systematic so it cannot fail. Research does not condemn the alternative sources of knowledge rather it uses them in an organized manner with research process, facts and figures to dig out the truth.

Columbus and the Discovery of America essays

Columbus and the Discovery of America essays Columbus discovery of America and that of his travel to the East Indies by the Cape of Good Hope, are the two most unpleasant and significant events that have impacted modern civilization as we know it. By Columbus discovering America, he conquered, enslaved other cultures, destroyed lands, introduced disease and caused extinction, alteration of species and the destruction of the environment. Columbus is above all a villain of the modern age. Columbus alone was responsible for the enslavement and genocide of the people he had encountered in the new world that he had discovered. Upon his arrival in the Cape of Hope, he kidnapped twelve of the Arawaks and brought them back to Spain to learn Spanish. Exactly one year later, Columbus returned with the captives to the Cape of Hope and enslaved its first nations people in order to acquire its silver and gold. As Columbus demanded a quotient of gold for every day, those who refused or committed criminal offenses had their ears and noses severed off. As this continued to happen, the Arawaks became enraged and resisted. Columbus fought back by releasing his attack dogs that viciously tore apart and slaughtered the Arawak tribe. He then captured 1,500 natives and took them to Spain. Five hundred died on the voyage. While in Spain, it was demanded of the remaining captured tribe members to pay respects to the Queen Isabella and those who refused had their hands hacked off. The Ki ng later stated that the Arawaks had chosen their own fate and many women committed suicide and murdered their own children. Columbus and his crew brought disease over to the new land. Within the next fifty years, over 3,000,000 Arawaks died because they did not have the same immunities to these diseases as the Spaniards (ex. the common cold, small pox). Before the disease that the Spaniards exposed to the natives, the Arawaks had particularly good health. Specific diseases that were s...

Practicing Job Interviews for ESL

Practicing Job Interviews for ESL Teaching ESL or English for Specific Purposes classes almost always includes preparing students for job interviews. There are a number of resources on the site focusing on the type of language used during job interviews. This lesson focuses on helping students practice job interviews with each other while using prepared notes helping students recognize appropriate language to be used during the job interview. There are three essential parts to dealing with job interviews for students: Raising consciousness as to what expect in job interviewsHaving students carefully reflect on their own skills, strengths and weaknessesProviding pragmatic language skill guidance on appropriate language including tenses, vocational vocabulary, and standard application documents such as the resume and cover letters This practicing job interviews lesson plan helps with providing pragmatic language skills for the job interview through extensive note taking combined with appropriate tense and vocabulary review. Aim Improve job interviewing skills Activity Practicing job interviews Level intermediate to advanced Outline If you havent already done so, discuss the job interviewing process in detail with your students. Make sure to mention and / or help students understand that the job interviewing process in the United States (or another country) is probably very different than in their own native country. Discuss the differences in detail, suggest that students think of the process as a game in which rules must be followed to help them get over possible frustrations with the job interviewing process.Take a look at some standard job interviewing questions and replies. Here are some examples:How long have you been in current position? - Ive worked here for two years.When did you join XYZ Inc.? - I began work at XYZ Inc. in 2003.Why would you like to work at ABC Ltd.? - Id like to work at ABC Ltd. because Id like to use my experience in a customer service setting. etc.Ask students / work with students to review the various tenses used to answer these questions. Review the concepts of:Present perfect (co ntinuous) to speak about work experience up to the present moment Present simple to discuss current job responsibilitiesPast simple to discuss past responsibilitiesUse of conditional forms to imagine situations at work Introduce the concept using specific vocabulary to more specifically define responsibilities and capabilities (heres a great list of useful vocabulary for the resume and interview)Pass out the job interview worksheets (copy and paste into a document and print out for use in class).Ask students to complete both sections 1) as interviewer 2) as interviewee. Encourage students to focus specifically on tense usage and specific job vocabulary while completing this task.Circulate around the room helping students with the task, providing specific vocabulary, etc. Encourage students to write questions and responses beyond the cues provided on the worksheet.Give each student a number. Ask even number students to find an odd number student.Have even number students interview odd number students, asking them to refer to their worksheets when they get stuck.Have even number students team up with a different odd number student.Ask odd number students to interview even number students. This time, students should attempt to use their worksheets as seldom as possible. Discuss the practice sessions in detail.As a variation / extension, ask student interviewers to spend five minutes after each interview taking notes on strengths and weaknesses of the interview and share the notes withe the student interviewees. Job Interview Practice - Worksheet Use the following cues to write out full questions for a job interview. How long / work / present?How many / languages / speak?Strengths?Weaknesses?Past job?Current responsibilities?Education?Specific examples of responsibility at past job?Which position / want - like to have / new job?Future goals? Use the following cues to write out full responses for a job interview. Current job / schoolLast job / schoolLanguages / skillsHow long / work / current jobThree specific examples from past jobCurrent responsibilitiesStrengths / weaknesses (two for each)Why are you interested in this job?What are your future goals?Education

Why was there widespread innovation in Britain in the 18th century Essay

Why was there widespread innovation in Britain in the 18th century - Essay Example First, there were natural reasons like richness in the natural resources. Secondly, changes in the kingdom, power and autonomy also made the environment more favorable for innovation and creativity in the Britain. The two aspects are discussed below: Natural and political reasons favoring innovation in 18th century Britain: Britain saw such a large industrial revolution because she was rich in three commodities in particular which were iron, coal and water. Britain was able to use the water in her mountainous districts in order to drive the mills that were very important in the initial period of industrialization. â€Å"..the rivers, amplified from 1761 by a developing network of canals, facilitate inland transport in an age where roads are only rough tracks† (History World 1). Also, Britain was equipped with such a wonderful access to sea that goods could be transported through sea between the coastal areas without any inconvenience. Britain was able to make full use of its i ron ores because of the technological advancements made particularly by the Darby family in the 18th century. In the later half of the 18th century, Britain was equipped with the steam power with the hard work of Boulton and Watt. â€Å"The first Boulton and Watt engine was completed in 1776† (Weissenbache 202). Because of the discovery of steam power, the wide spread resources of coal gained extreme importance in Britain. The 1688 revolution resulted in immense changes that paved way for the contributions of Matthew Boulton and Abraham Darby on the political side of the story. There was a considerable decline in the royal power in Britain after 1688. As a result of this, middle class gained strength and surfaced in Britain very rapidly and forcefully. The middle class was eager to gain more money and power, and therefore, resolved to achieve the strength through inventions, innovation and enhancement in the mechanical side. One evidence of rise in the strength of middle clas s is Richard Arkwright, who came from a very poor background and gained a lot of wealth through his contributions in the innovation in Britain. In addition to the innovation supportive circumstances happening within Britain, Britain also facilitated the process by involving other countries in it and supporting them in any way she could. Britain offered the budding businessmen and entrepreneurs a very big and rich market to dwell in. Fortunately, England removed differences with Scotland and united with Scotland in 1707. Their internal tariff barriers were removed and the trade was promoted. American colonies were provided by Britain with frequent opportunities of trade. Later, Britain opened trade with India on a large scale. Industrial revolution in Britain was facilitated largely by increased control of Britain over the seas in the same century. â€Å"Much of the profitable carrying trade in the world's commerce can be secured for British merchant vessels† (History World 1) . Although there were large resources of iron in Britain, it could not use it to the full capacity because iron required charcoal in huge quantities in order to be smelted. Charcoal was very costly for Britain and she had to look out for other means of smelting iron so as to make the process more profitable and cost effective. It continued to be like this until 1709, when Abraham Darby discovered that charcoal can be replaced by coke in order to smelt the pig iron (Dickinson 131). Since then, coke has been used to smelt iron. It was cost-effective and fulfilled the purpose. This way, Britain’

JetBlue Airway Case Study Example | Topics and Well Written Essays - 4750 words

JetBlue Airway - Case Study Example The service provided can be obtained by reservation via the internet at www.jetblue.com, an airline representative or a toll free number. JetBlue has established itself as a strong brand in providing excellence in service for its customers. The company is based out of John F. Kennedy airport and employs about 8, 390 people. JetBlue provides its airfare services for 50 destinations in 21 states across the United States, Puerto Rico, Mexico and the Caribbean. Domestic operations account for approximately 97.1% of its capacity during the year ending December 31, 2006. The focus of JetBlue is in serving areas that have a high demand with high priced travel and are may not be serviced properly by the airline industry. JetBlue flies to these destinations 502 times a day and fosters an environment of excellence by ensuring that all employees have an opportunity at promotions and can go for higher education, are well trained and happy coming into work every day. This practice has been a cont ributor to Jet Blue's financial success during the hard economic strenuous times in the United States following the events of September 11, 2001. JetBlue Airways Corporation has maintained much success in a market economy that has been troubled. Through their strategic success in marketing on radio, television, internet and press releases JetBlue has become a household option for the market of flyers that want a low cost option with the highest excellence in service. Their frequent low airfare service has increased to new heights as new destinations are added based on consumer demands and more flights enable the customer to feel satisfied and happy with excellence provided by the company. JetBlue is a company that has excelled due to their ability to react quickly to the changes demanded by their consumer markets separating themselves from the losses in an airline industry sector that is in trouble and attempting a bounce back for several years. (Annual Report 2006) 3 Mission Statement JetBlue's mission statement is to provide all clients with a superior level of service in every aspect during the travel experience. JetBlue's mission is to bring the humanity back to air travel. 4 Vision Statement The air travel industry has gone through its ups and downs since the September 11 attacks in 2001 and several of these organizations have done very little to improve the customers experience. Unlike the rest JetBlue has been the first airline to establish a bill of rights for the customers. The strategy to have a bill of rights was developed by management