Mixed Schools Is the Optimum

Mixed Schools is the optimum Coeducation or mixed-gender education is the integrated education of male and female students in the same environment, while unisex education is the education where male and female students attend in separate classes or in separate buildings or schools. In the past, mixed schools were not acceptable, but by the time it became popular. Mixed schools are better for students socially, and it also develops their educational skills and psychological things.Parents recommend mixed schools because it develops many skills for the kids. Mixed schools make students get used to the social life. Supporters of the unisex schools believe that the school is not a place for developing your social life skills, but just for studying. Also, some parents do not want their children to be in mixed school because at certain ages, students of the opposite sex can be a distraction. However, the best place that helps children to get ready for the real social life is the school. St udents in single-sex classrooms will one day live and work side-by-side with members of the opposite sex. Educating students in single-sex schools limits their opportunity to work cooperatively and co-exist successfully with members of the opposite sex† (Stanberry, 2009). It's so important to have friends from both sides of the fence. â€Å"You would never find a workplace with only females, so this prepares you for the outside world much better† (Davidson, 2003).According to the Education International, statistics indicated that mixed schools students have recorded the highest success rate. People who believe that unisex schools are the best say that mixed schools distract students’ attention. On the other hand, the researchers conducted extensive interviews with individual students and found excellent students do not get distracted. In the 1960s and 70s, Dale reported (1969, 1971, 1974) that boys, girls and teachers were happier in co-educational secondary scho ols, and boys did better academically within them. Professor Analia Schlosser, an economist from the Eitan Berglas School of Economics at Tel Aviv, found that elementary school, co-ed classrooms with a majority of female students showed increased academic performance for both boys and girls† (Schlosser, 2006). In high school, the classrooms with the best academic achievement were consistently those that had a higher percentage of girls. Moreover, mixed schools will provide creative environment because both genders think differently so that they could share information and get more experience to come up with better results. We often hear of things like boys and girls learn differently, but the biology of learning is exactly the same† (Halpern, 2002) On the psychological side, students in the mixed schools feel as they were one family. Some parents who support the unisex schools think that their children get affected psychologically because they get shy from the opposite s ex. However, children must get used to deal with the opposite sex to get more social skills and feel comfortable when dealing with the opposite sex.Males and females who do not regularly interact with each other are likely to entertain stereotypical beliefs about the other sex. To sum up, boys studying in mixed schools become kind and not aggressive because they deal with the soft gender. Both genders also become in a good psychological conditions. Students also feel free in mixed schools because they feel as they were in their home. Mixed schools provide better environment and atmosphere for the students. Students studying in mixed schools get common with members of the opposite sex.Also, these schools provide the students with an environment that helps them to share ideas and become experienced. Dealing with the opposite sex makes you feel free because you deal with each other as relatives. Works Cited Davidson, M. (2003). Single-sex and mixed schools. Ms Davidson. Halpern, D. (20 02). Diane Halpern. Schlosser, A. (2006). Mixed schools. Analia Schlosser. Stanberry, K. (2009). Single-sex education. Kristin Stanberry. Dale, A. and Egerton, M. with Joshi, H. and Davies, H. (1997) Highly Educated Women: Evidence from the national child development study, DfEE (HMSO, London). Mixed Schools Is the Optimum Mixed Schools is the optimum Coeducation or mixed-gender education is the integrated education of male and female students in the same environment, while unisex education is the education where male and female students attend in separate classes or in separate buildings or schools. In the past, mixed schools were not acceptable, but by the time it became popular. Mixed schools are better for students socially, and it also develops their educational skills and psychological things.Parents recommend mixed schools because it develops many skills for the kids. Mixed schools make students get used to the social life. Supporters of the unisex schools believe that the school is not a place for developing your social life skills, but just for studying. Also, some parents do not want their children to be in mixed school because at certain ages, students of the opposite sex can be a distraction. However, the best place that helps children to get ready for the real social life is the school. St udents in single-sex classrooms will one day live and work side-by-side with members of the opposite sex. Educating students in single-sex schools limits their opportunity to work cooperatively and co-exist successfully with members of the opposite sex† (Stanberry, 2009). It's so important to have friends from both sides of the fence. â€Å"You would never find a workplace with only females, so this prepares you for the outside world much better† (Davidson, 2003).According to the Education International, statistics indicated that mixed schools students have recorded the highest success rate. People who believe that unisex schools are the best say that mixed schools distract students’ attention. On the other hand, the researchers conducted extensive interviews with individual students and found excellent students do not get distracted. In the 1960s and 70s, Dale reported (1969, 1971, 1974) that boys, girls and teachers were happier in co-educational secondary scho ols, and boys did better academically within them. Professor Analia Schlosser, an economist from the Eitan Berglas School of Economics at Tel Aviv, found that elementary school, co-ed classrooms with a majority of female students showed increased academic performance for both boys and girls† (Schlosser, 2006). In high school, the classrooms with the best academic achievement were consistently those that had a higher percentage of girls. Moreover, mixed schools will provide creative environment because both genders think differently so that they could share information and get more experience to come up with better results. We often hear of things like boys and girls learn differently, but the biology of learning is exactly the same† (Halpern, 2002) On the psychological side, students in the mixed schools feel as they were one family. Some parents who support the unisex schools think that their children get affected psychologically because they get shy from the opposite s ex. However, children must get used to deal with the opposite sex to get more social skills and feel comfortable when dealing with the opposite sex.Males and females who do not regularly interact with each other are likely to entertain stereotypical beliefs about the other sex. To sum up, boys studying in mixed schools become kind and not aggressive because they deal with the soft gender. Both genders also become in a good psychological conditions. Students also feel free in mixed schools because they feel as they were in their home. Mixed schools provide better environment and atmosphere for the students. Students studying in mixed schools get common with members of the opposite sex.Also, these schools provide the students with an environment that helps them to share ideas and become experienced. Dealing with the opposite sex makes you feel free because you deal with each other as relatives. Works Cited Davidson, M. (2003). Single-sex and mixed schools. Ms Davidson. Halpern, D. (20 02). Diane Halpern. Schlosser, A. (2006). Mixed schools. Analia Schlosser. Stanberry, K. (2009). Single-sex education. Kristin Stanberry. Dale, A. and Egerton, M. with Joshi, H. and Davies, H. (1997) Highly Educated Women: Evidence from the national child development study, DfEE (HMSO, London).

Modern Management – Unilever

1.  Ã‚  Ã‚  Ã‚  Ã‚   How effectively do you think Unilever’s mission statement establishes the Company’s direction and important values?   What changes, if any would you recommend and why? Unilever’s new mission statement was ‘Add vitality to life’.   They were considering making people feel that with their personal care products, they could look and feel good, and get more out of life.   The managers and employees which were working for Unilever could now do their work activities in wellbeing of the clients that belong to the communities the products are sold in. Through this mission statement Unilever tried to differentiate its products from its competitors in a global market.   Fitzgerald, the outgoing Chairman of Unilever, took into consideration several factors including the fast rate of urbanization, the constantly increasing age of the people and healthy living strategy adopted by people.   He decided to use this strategy for his nutrition, personal care and hygiene items.   The strategy adopted by Unilever was quite unique and was keeping in tune with the needs of the people.   The â€Å"Unilever 2010 Strategy† was appearing on the products and promotional of the company.   To some extent, the strategy adopted by Unilever was effective and good for its growth. As it was keeping in tune with the changing needs of the people, it was a step ahead of other companies such as Proctor and Gamble, Nestle and Reckitt Benckiser.   However, if this strategy could enable a high growth rate of the company was doubtful.   This was because the company had to take care of other strategies such as effective brand-building, marketing and product innovation.   Several assumptions over sales, growth, profit, cost debt, etc, were made.   The company was competing against 20 other companies and had to ensure that their new mission statement was supported by sound development in the other areas. 2.  Ã‚  Ã‚  Ã‚  Ã‚   Identify one or more Unilever strengths, weaknesses, opportunities, and threats.   How might Cescau use the strengths to counteract the threats? Unilever strengths 1.  Ã‚  Ã‚  Ã‚  Ã‚   The company was formed by a merger of two giants, namely the British Lever Bros and the Dutch Margarine Unie, and had a stronghold in both these nations. 2.  Ã‚  Ã‚  Ã‚  Ã‚   Unilever established itself as an MNC in about 150 different countries. 3.  Ã‚  Ã‚  Ã‚  Ã‚   It had a very good human resource team (about 234, 000 employees). 4.  Ã‚  Ã‚  Ã‚  Ã‚   In 2004, it had about 12 products which were in the $ billion-brand mark.   This was up against it 4 such brands in the year 1999, suggesting growth of the company. Unilever weaknesses 1.  Ã‚  Ã‚  Ã‚  Ã‚   In the year 2004, the revenue growth of the company, was far below the targeted 5 to 6 % mark. 2.  Ã‚  Ã‚  Ã‚  Ã‚   The company did not apply a strategy that would thrive in the market environment of its 2000-2005 strategy.   Hence, this strategy adopted by the company did not work on past experiences and could have been risky to adopt. Unilever Opportunities 1.  Ã‚  Ã‚  Ã‚  Ã‚   The company began to realize the changing needs of the people and the situation of the market whilst adopting its 2005 to 2010 strategy.   They realized that people were becoming more and more health consciousness and were getting older.   They also realized that the urbanized areas of the World were becoming larger and more populated. 2.  Ã‚  Ã‚  Ã‚  Ã‚   The company was now working for the well-being of the people and the communities, which could help differentiate the company from their rivals.   This was a unique feature of their strategy. Unilever Threats 1.  Ã‚  Ã‚  Ã‚  Ã‚   Unilever was making assumptions of the sales, growth rate, profits, debt and costs. 2.  Ã‚  Ã‚  Ã‚  Ã‚   They were competing against 20 other companies that had sound finances. 3.  Ã‚  Ã‚  Ã‚  Ã‚   The other companies were adopting strategies that were based on market research As the company adopted a unique strategy that helped it to be differentiated from other companies by the people and the society, the chances of the company growing were high and realistic.   Besides, Unilever were selling their products in tune with the changing needs and ideas of the population.   Hence, there were chances of it surviving and becoming successful in the Market. 3.  Ã‚  Ã‚  Ã‚  Ã‚   Where on the BCG matrix would you place Unilever’s 400 remaining brands?   Where would you place any newly developed products being introduced? Explain. The 400 remaining brands of Unilever were â€Å"Stars† as they had a high-growth rate and required huge amounts of investments in the long-term.   The new range of products from Unilever were â€Å"Question Marks† as they had a high-growth rate but doubts whether the management would invest in them in the future existed. References: Cresto, S. C. and Cresto, S. T. (2006). Chapter 3: Planning, Modern Management, (10th ed), New Jersey: Upper Saddle River, pp. 199-200.            

Mattels's Chines Sourcing Crisis of 2007 Assignment

Mattels's Chines Sourcing Crisis of 2007 - Assignment Example 3.Many international trade and development experts argue that China is just now discovering the difference between being a major economic player in global business and its previous peripheral role as a low-cost manufacturing site on the periphery of the world economy. What do you think? 14 1. Mattel’s global sourcing in China, like all other toy manufacturers, was based on both low-costs manufacturing, low-cost labor, and a growing critical mass of factories competitively vying for contract manufacturing business. Do you think the product recalls and product quality problems are separate from or part of pursuing a low-cost country strategy? Mattel was founded in the year 1945 by Ruth Handler, Elliot Handler and Harold Matson (Mattel, 2001). Mattel, a toy company from the United States, has been preserving a business relationship with China since 1959. Despite having a long-term trade relationship with China, Mattel had to face numerous ethical problems regarding its production process. Likewise any other multinational company, Mattel’s functions in the Chinese manufacturing sector was majorly focused on the low-cost production process with the virtues of low-cost labourers. Moreover, with the effect of modernisation and globalisation, the Chinese industry was also flourishing with growing numbers of small factories which were solely focused on operating as third-party manufacturers for global brands and thus earn a large amount of foreign currencies. This further motivated Mattel to shift its production process in the Chinese manufacturing sector with the intention of minimising its responsibilities towards quan tity production and thus attaining a larger market share along with increased sales (Dietz & Gillespie, 2012). With its production functions transferred to the low-cost market of China, Mattel was able to earn various advantages in terms of low-cost labourers as well as low-cost raw materials. However, the shift of Mattel’s production functions

Question Set of Organic Solar Cells Assignment Example | Topics and Well Written Essays - 250 words

Question Set of Organic Solar Cells - Assignment Example Moreover, electrons in the transition radiate photons with enough energy that mainly correspond to the difference between the existing energy levels. Thus, it means light corresponds to the frequency of the photons it emits. In case the light is within the visible section of the spectrum, the observable colors mainly correspond to the transitions making other colors miss. A phosphor is any material possessing the phenomenon of the luminescence. It encompasses phenomenon of the phosphorescence where transition occurs in the time interval of above 1ms and corresponding fluorescence, where transition occurs above tens of nanoseconds. Fluorescent bulbs are typically coated on the interior side with phosphors, which absorb UV radiation (Kragh, 2012). Moreover, phosphors are carefully selected in order enable emitted radiation to recompense for the missing colors within the spectrum of the gas found within the bulb. White light ( full spectrum) is emitted by the bulb. Moreover, dangerous UV radiation is absorbed by the underlying phosphors. The Bohr model predicted that the existence of electrons within the specific discrete energy levels, which does not contain energy amidst the existing energy levels but carry out transition from one energy level to the other (Kragh, 2012). The underlying atom absorbs a photon when transition occurs from a relatively lower level to the corresponding higher level. Conversely, the atom emits a photon when transition occurs from a relatively higher level to corresponding lower level. The Bohr Model offers an improper value for the prevailing ground rate orbital angular momentum. Moreover, it makes poor prediction concerning the spectra of relatively bigger atoms. Nevertheless, it was replaced by Sommerfeld’s

Law Essay Example | Topics and Well Written Essays - 4000 words - 2

Law - Essay Example 2001). Section 230(1) of the Employment Rights Act 1996 defines an employee as someone working under a contract of employment. However, the statute does not clearly define the essential elements of the contract of employment. This deficiency thus resulted into constructions of various tests for determining whether someone is an employee or not. Amongst the outlined essential elements to be satisfied before categorizing a worker as either an independent contractor or an employee is whether the particular worker has to sign a contract of employment with the employer prior to the commencement of the contract. In cases whereby the individual begins to execute the contract without legally recognized documentations (contract of employment), handling of cases such as breach of contract, becomes much difficult, especially when either party presents the case in a court of law (Lord, M. 2009). It is also worth noting that some employees or independent contractors like working on a personal level but this depends on the nature of the work involved. Additionally, it has to be determined whether there has to be a mutuality of obligation between the two parties. A mutuality of obligation refers to a well-set procedure of work or relationship between the employee and the employer or between the contractor and his or her client (Smith, J. D., 2003). An employer should avail work to the employee at all the times, as specified by their contract of employment. Consequently, the employee should complete any work assigned to him or her by the employer at the specified period of the contract. This thus, forms a mutual obligation between the employer and the employee. On the other hand, mutual obligation occurs between a contractor and his or her client when the client supplies exactly the amount of work specified by the contract of employment and the contractor finishes the work within the specified (Welker, R. F., 2002).

Impact of Corporate Social Responsibility on Brand Value Dissertation

Impact of Corporate Social Responsibility on Brand Value - Dissertation Example Dr. Brundtland had claimed that, besides factors relating to the medical world, health conditions of individuals significantly depend on issues relating to human development and environment. Based on this vision; in 1987, the Brundtland Commission was introduced and its first report had launched the concept of sustainable development in the public domain. Since then, public and private authorities of most countries have been trying to attain sustainable development. This process of development aims to satisfy and enhance utilities of present generations, without altering resources that would serve the future generations in a similar manner. Considering norms and practices of a sustainable developing world, nearly all private and public profit making organizations follow the norms of â€Å"Triple Bottom Line† (3BL) in business. By following the 3BL perspective, companies try to enhance â€Å"people, profit and planet† related factors through their commercial activities ( Smith, 2010). Moreover, degree of rivalry among modern corporate firms has increased over time. This is the era of â€Å"consumerism†, where commercial organizations try to augment their brand value in the market by enhancing utilities of consumers. Since individuals are increasingly becoming conscious about protecting and preserving the environment, firms have increased their corporate social activities in business now. . Presently, economic prosperity and brand value of a business organization substantially depends on its corporate social responsibility.

Target market and branding (Bayer Aspirin case) Essay

Target market and branding (Bayer Aspirin case) - Essay Example ne and hence it is always advisable to consult the doctor before beginning the regime Target Market A target market refers to a group which a certain organization has decided to fashion its marketing campaign to address (J & V. 2012). A well established target market is the initial strategy to a marketing strategy. Target markets are usually separated by noticeable and distinguishable aspects. These aspects include geographical segmentation, psychographic segmentation, product related segmentation, and behavioral segmentation. In addition to these segmentations, market researchers are searching for methods to identify defined target groups which are smaller and better. There are four main strategies outlined by marketers for the purpose of satisfying the target market. These include undifferentiated marketing, differentiated marketing, niche marketing and concentrated marketing (J & V. 2012). The target group for Bayer Aspirin is a set of all people suffering from pain related issues of from all ages. In addition, its target group includes patients suffering or with suspected heart attack. Selecting a target market is extremely beneficial to any business as it enables the business organization to direct its products or services to those consumers with high potentials for the growth of sales, product interest and brand loyalty (J & V. 2012). First, it helps in identifying growth potential. A small group of consumers usually afford the firm with a great opportunity to increase sales. Irrespective of size, a target market usually captures those customers that are most likely to increase their sales of the organizations, products over time. Secondly, selecting a target market helps in building interests in the product. Customers in a target market always share different... Marketing plays a particularly significant role in managing a developing organization. It involves communicating the values of products or services to potential customers. Generally, marketing is the overall strategies as well as functions of promoting the products and services to the customers. In addition, marketing helps to manage customer relationships in a way that benefits the organization as well as its shareholders (JFP, 2009). Marketing, as a science assists in choosing target markets through market segmentation and market analysis. Moreover, it does that through understanding the consumer behavior and through the provision of superior consumer value. There are five leading marketing concepts which a firm can choose to carry out their business. These include the product concept, the production concept, the holistic marketing concept, the selling concept and the marketing concept.In conclusion, it is clear that marketing plays a very vital role in promoting products or services of any business organization. Bayer Aspirin needs to be marketed in order for its sales, to increase. Through marketing and identifying the target market, Bayer Aspirin can attract many customers.Branding of Bayer Aspirin has also played a tremendously significant role in increasing the sales of the organization. Images on the packets of Bayer Aspirin give customers a good impression hence attracting customers as well as building customer loyalty. Through continuous marketing and branding, the Bayer Aspirin will attract more customers in the near future

Dreyfus Affair Case Study Example | Topics and Well Written Essays - 3000 words

Dreyfus Affair - Case Study Example The Dreyfus Affair was able to generate major impact on the French Jewry activities; the affair had deep impact on the Jewish people, and is responsible for the introduction of drastic changes in the approach, understanding, behavior, aptitude and lifestyle of the Jewish community. The ambition behind the achievement of the success was to make the French Jewry realize that it was a legitimate and non-offensive practice to portray as Jew in another to support the associates of other community. The researchers have proved that the modern French Jewish organizations have their association with the central group of people who were staunch supporters of Dreyfus. 'The Affair rapidly became a matter of opinion, a polemical debate, dominated by a class consciousness' (Forth, 2006). It proved that the injustice done to the individuals went reported, and was extremely blatant, offensive and immoral. The political implications of the Dreyfus Affairs has been that it was responsible for the change of government, and the newly formed government ceased their activities and restricted their involvement in 'military, clerical and extreme nationalist coalition in the Dreyfus Affair, a law separating Church and State'. The Affair was responsible for the development of Anti-Semi tism, such forces took over the stage and the individuals did not acknowledge the provisions for the equal status of Jews, and protested against their freedom and provisions for human rights in their favor, the group of individuals was driven by 'those driven by a vengeful patriotism' (George, 1899). 'Moreover, the anti-Semitism took on its contemporary form; the group highlighted the linkages and affiliation of the Jews with finance, and international power. The first signs of Vichy France could already be detected, both in the anti- Semitic press and such movements were responsible for the union of the people who shared supported and were believer of anti-Jewish stance. They simply required official status. In this sense, the Dreyfus Affair can be considered to be the precursor of a twentieth century which would be even darker for the Jews' (Forth, 2006). The emancipation of Jews was visible; therefore the event is regarded as the source for the revelation of Jew's precariousness. 'First and foremost, it proved that assimilation was simply an illusion which had lasted one century', the idea was concluded and supported by the Bernard Lazare , who is considered to be the greatest protagonists of assimilation. It was realized that anti-Semitism is a permanent phenomenon, 'and that the only salvation for the Jews lay in a national solution'. Herzl, another advocate of assimilation, forwarded that the affair was responsible for awakened 'an old dream of the Jewish people, sparking off what was to be the greatest revolution in modern Judaism: Zionism'. 'The Dreyfus Affair was therefore initiator of two events i.e. the Shoah and Zionism, both the events were responsible for the transformation of the Jewish society and believers in terms of their demographic, geographic, and cultural affiliations and linkages. The Dreyfus Affair influenced and changed the future of Jewish people. The issue received due focus and attention of the local population, and concerns were e xpressed by the International government. The Affair 'acquired a polemical nature dominated by a class consciousness' (Littman, 2005). The Dreyfus

Catastrophic Cyberattack Essay Example | Topics and Well Written Essays - 500 words

Catastrophic Cyberattack - Essay Example A cyber attack has been defined as a computer-to-computer attack that undermines the confidentiality, integrity, or availability of a computer or information resident in it (O’Shea, 2003). Cyber attacks involve virus and worm attacks delivered through vulnerable exploit engines, denial-of-service attacks (DoS), web defacements of informational sites, and unauthorized intrusions into systems (Colarik, 2006, p. 84). According to the CSI/FBI 2005 Computer Crime and Security Survey, rate of losses from attacks are: viruses (33%), unauthorized access (24%), theft of proprietary information (24%), DoS (6%), net abuse (5%), laptop theft (3%), and financial fraud (2%) (Colarik, 2006, p. 83). But for a cyber attack to be successful, phases of attack must also be successful. The five phases of cyber attacks are reconnaissance, penetration, identifying and expanding internal capabilities, intruder damages the system, and removal of evidence of penetration or theft (Colarik, 2006, p. 83). Cyber attack penetrates the Supervisory Control and Data Acquisition (SCADA) system of a water supply system and poses detrimental effect over the system. Cyber Attack on a Water Supply System During the late 1990s, medium to large water utilities integrated IT and SCADA system.

Mid-term Exam Essay Example | Topics and Well Written Essays - 1250 words

Mid-term Exam - Essay Example een organization and customers or stakeholders in the current business economy would mean creation of new jobs, new products and services for customers, shareholder profit and growth of the economy (Van der Weide 27). Hence, I agree with Johnson’s view. c. Milton Friedman’s approach towards fiduciary duties was more practical and believed that profit maximization is a correct method to be socially responsible as a high-revenue earning company would provides higher benefits to the society through utilitarian work, thereby enhancing social welfare. Edward Freeman, on the other hand, would disagree with Johnson’s approach towards stakeholders. According to Freeman, it is the duty of fiduciary or organization to fulfill all stakeholder benefits, while Johnson has argued that stakeholder theory will not be applicable in practical situation (Johnston 30-40). d. The morals of CSR and stakeholder theory argue that stakeholder’s benefits such as, those of customers, workers and employees, should not be compromised. However, major objective of an organization’s board of director is that of profit maximization, which might compromise stakeholder’s benefits or CSR of the organization; for instance, closing a non-profit company results in unemployed workers at the expense of shareholder’s profit (Freeman and Liedtka 95-98). a. Based on Kelman’s analysis and further critics by known analysts, I disagree with most of the analysis. Nonetheless, Kelman’s analysis of cost and benefit method is right to certain extent. While it is flawed in terms of its applicability, it can still be useful and beneficial in certain areas such as, health and safety (D’Entrà ¨ves 33). b. The sustainability of cost-benefit analysis depends on accurately estimating individual benefits and costs. Inaccurate usage of models, over-reliance on past project’s data and information and subjective impression generates flawed results. Sustainability of the cost benefit analysis can be

Proposal for relationship Essay Example for Free

Proposal for relationship Essay The idea was about to show gender inequality through different aspects of people. To do a notch thinking about the topic. The documentary shows different views of what they think of gender inequality or equality. There are interviews that were conducted from different people from different background, races, genders, and status. We have conducted interviews of teachers, politicians general public, a barber, a corporate person and so on. Although the world has become so advanced but there are gender inequalities on high levels. Gender inequality is not just a problem in it slef, it is a major problem for the economy aswell. People still thinks women if start going out for work will get dominant and powerfull over man and if she goes ot, she becomes commercial, people look them with different perspectives. Though they forget, that women are to be respected and treated as she is supposed to and given all her rights. GENDER INEQUALITY Gender inequality refers to unequal treatment or perceptions of individuals based on their gender. It arises from differences in socially constructed gender roles as well as biologically through chromosomes, brain structure, and hormonal differences. Gender systems are often dichotomous and hierarchical; gender binary systems may reflect the inequalities that  manifest in numerous dimensions of daily life. Gender inequality stems from distinctions, whether empirically grounded or socially constructed. On differences between the sexes. We will be looking into the following what causes inequality between women and men: how does it arise, why does it take different forms, why does it vary in degree across societies, what are the components that add up to gender inequality, how do various institutions and practices contribute to it, and how does it change? There is a coordination problem in social relations; namely, for interactions between individuals to proceed smoothly, they must be able to synchronize their behavior. In US society, there are many shared category systems used to create â€Å"common knowledge.† However, according to Ridgeway, these categories, â€Å"†¦must be so simplified that they can be quickly applied as framing devices to virtually anyone to start the process of defining self and other in the situation.† If you meet an unfamiliar person, you will, â€Å"automatically and instantly,† categorize them, and your interaction will proceed with this information in mind. In the US, the basic â€Å"primary† cultural categories include sex, race, and age. – In general, men are believed to be especially more competent than women in male-typed settings (e.g. engineering, sports) and positions of authority, while women are advantaged in female-typed settings (e.g. childcare, communicat ion). In mixed sex, gender neutral settings, men are believed to be modestly and diffusely more competent. Even though these beliefs are based are based on the â€Å"average† woman and the â€Å"average† man, they become the â€Å"default rules† for coordinating behavior. So if equally qualified applicants apply for a male-typed job, such as a computer engineer, male applicants will be advantaged relative to female applicants. But if two equally qualified applicants apply to a female-typed job, such as a nanny, the woman would be more likely to receive the job offer. TYPES OF INEQUALITIES Mortality inequality: In some regions in the world, inequality between women and men directly involves matters of life and death, and takes the brutal form of unusually high mortality rates of women and a consequent preponderance of men in the total population, as opposed to the preponderance of women found in societies with little or no gender bias in health care and nutrition. Mortality inequality has been observed  extensively in North Africa and in Asia, including China and South Asia. Natality inequality: Given a preference for boys over girls that many male-dominated societies have, gender inequality can manifest itself in the form of the parents wanting the newborn to be a boy rather than a girl. There was a time when this could be no more than a wish (a daydream or a nightmare, depending on ones perspective), but with the availability of modern techniques to determine the gender of the foetus, sex-selective abortion has become common in many countries. It is particularly pr evalent in East Asia, in China and South Korea in particular, but also in Singapore and Taiwan, and it is beginning to emerge as a statistically significant phenomenon in India and South Asia as well. This is high-tech sexism. Basic facility inequality: Even when demographic characteristics do not show much or any anti-female bias, there are other ways in which women can have less than a square deal. Afghanistan may be the only country in the world the government of which is keen on actively excluding girls from schooling (it combines this with other features of massive gender inequality), but there are many countries in Asia and Africa, and also in Latin America, where girls have far less opportunity of schooling than boys do. There are other deficiencies in basic facilities available to women, varying from encouragement to cultivate ones natural talents to fair participation in rewarding social functions of the community. Special opportunity inequality: Even when there is relatively little difference in basic facilities including schooling, the opportunities of higher education may be far fewer for young women than for young men. Indeed, gender bias in higher education and profe ssional training can be observed even in some of the richest countries in the world, in Europe and North America. Sometimes this type of division has been based on the superficially innocuous idea that the respective provinces of men and women are just different. This thesis has been championed in different forms over the centuries, and has had much implicit as well as explicit following. It was presented with particular directness more than a hundred years before Queen Victorias complaint about womans rights by the Revd James Fordyce in his Sermons to Young Women (1766), a book which, as Mary Wollstonecraft noted in her A Vindication of the Rights of Women (1792), had been long made a part of womans library. Fordyce warned the young women, to whom his sermons were addressed, against  those masculine women that would plead for your sharing any part of their province with us, identifying the province of men as including not only war, but also commerce, politics, exercises of streng th and dexterity, abstract philosophy and all the abstruser sciences. Even though such clear-cut beliefs about the provinces of men and women are now rather rare, nevertheless the presence of extensive gender asymmetry can be seen in many areas of education, training and professional work even in Europe and North America. Professional inequality: In terms of employment as well as promotion in work and occupation, women often face greater handicap than men. A country like Japan may be quite egalitarian in matters of demography or basic facilities, and even, to a great extent, in higher education, and yet progress to elevated levels of employment and occupation seems to be much more problematic for women than for men. In the English television series called Yes, Minister, there is an episode where the Minister, full of reforming zeal, is trying to find out from the immovable permanent secretary, Sir Humphrey, how many women are in really senior positions in the British civil service. Sir Humphrey says that it is very difficult to give an exact number; it would require a lot of investigation. The Minister is still insistent, and wants to know approximately how many women are there in these senior positions. To which Sir Humphrey finally replies, Approximately, none. Ownership inequality: In many societies the ownership of property can also be very unequal. Even basic assets such as homes and land may be very asymmetrically shared. The absence of claims to property can not only reduce the voice of women, but also make it harder for women to enter and flourish in commercial, economic and even some social activities.2 This type of inequality has existed in most parts of the world, though there are also local variations. For example, even though traditional property rights have favoured men in the bulk of India, in what is now the State of Kerala, there has been, for a long time, matrilineal inheritance for an influential part of the community, namely the Nairs. Household inequality: There are, often enough, basic inequalities in gender relations within the family or the household, which can take many different forms. Even in cases in which there are no overt signs of anti-female bias in, say, survival or son-preference or education, or even in promotion to higher executive positions, the family arrangements can be quite unequal in terms o f sharing  the burden of housework and child care. It is, for example, quite common in many societies to take it for granted that while men will naturally work outside the home, women could do it if and only if they could combine it with various inescapable and unequally shared household duties. This is sometimes called division of labour, though women could be forgiven for seeing it as accumulation of labour. The reach of this inequality includes not only unequal relations within the family, but also derivative inequalities in employment and recognition in the outside world. Also, the established fixity of this type of division or accumulation of labour can also have far-reaching effects on the knowledge and understanding of different types of work in professional circles. When I first started working on gender inequality, in the 1970s, I remember being struck by the fact that the Handbook of Human Nutrition Requirement of the World Health Organisation (WHO), in presenting calorie requirements for different categories of people, chose to classify household work as sedentary activity, requiring very little deployment of energy.3 I was, however, not able to determine precisely how this remarkable bit of information had been collected by the patrician leaders of society. FACTS ABOUT GENDER INEQUALITY The five countries with the best record of gender parity are Iceland, Finland, Norway, Sweden and the Philippines. Iceland holds the top spot for the fifth year in a row and continues to be the country with the narrowest gender gap in the world. The U.S. is at number 23, falling behind several countries that it has tried to bomb or colonize, such as Cuba and Nicaragua, or moralize at, such as Burundi. (Official U.S. government goals in Burundi are to help the people of Burundi realize a just and lasting peace based upon democratic principles and sustainable economic development.) The U.S. also is only at number 17 in gender parity out of the 49 high-income countries that have been measureda rather poor showing for a country that tops the chart when it comes to high incomes. According to one recent study, incomes among the top 1 percent in the U.S. rose by 31.4 percent between 2009 and 2012, while incomes for everyone else grew just 0.4 percent. This wealth is obviously not going toward ensuring gender equality. China, the emerging economic competitor to the U.S., is at number 69 with a steady  deterioration in its gender relations since 2010. China and the U.S. have the greatest number of millionaire households, and China has seen one of the biggest economic booms in recent years. It is thus alarming that in China, just like in the U.S., the sole beneficiaries of this boom has been the rich. The disparity is particularly clear in certain key areas: for instance, the report ranks China at 133, almost to the very bottom of all the countries surveyed, in the Health and Survival category. Indeed, some of the leading affluent nations perform very poorly on the Health and Survival Category. Israel, for example, is at 93 falling below the country it demonizes regularly: Iran! The five countries with the poorest record for gender parity are Mauritania, Syria, Chad, Pakistan and Yemen. Not to let the national ruling classes of the se countries off the hook, but its important to bear in mind that these countries have all been the victim of devastating imperialist policies and violence from the West. Along with colonialism, drone strikes and International Monetary Fund demands, we can also add the resultant gender disparity to the list of the Wests gifts to these countries. GENDER EQUALITY Gender equality is the measurable equal representation of women and men. Gender equality does not imply that women and men are the same, but that they have equal value and should be accorded equal treatment. The United Nations regards gender equality as a human right. It points out that empowering women is also an indispensable tool for advancing development and reducing poverty. Equal pay for equal work is one of the areas where gender equality is rarely seen. All too often women are paid less than men for doing the same work. This is one of the reasons that the majority of the world’s poor are women: around 70% of the people who live in extreme poverty, on less than US$1 a day, are girls and women. Suffrage (the right to vote) is another area of gender equality that still does not extend to all the women in the world. Saudi Arabia does not give women the right to vote; in the USA right wing commentators say that women should never have been given the right to vote. The impor tance of gender equality is highlighted by its inclusion as one of the 8 Millennium Development Goals that serve as a framework for halving poverty and improving lives. Despite  this, discrimination against women and girls (such as gender-based violence, economic discrimination, reproductive health inequities and harmful traditional practices) remains the most pervasive and persistent form of inequality. CONCLUSION Despite modernization and acknowledgment of right, we still see countries facing the problem of gender inequality and let most to suffer from this are developing countries. After the research we can conclude that inequality does not only brings in stress and problems along it but also economically affects. The relationship between economic and gender equality is very clear. there are people who still do not allow women to go ut and work. We still think women are not supposed to go out and work as they go out they will get dominant over men. Girls are removed early from schools. Early marriages. Those who work have a glass ceiling or are not allowed to go on higher posts then men. And so on so forth. If we remove this gender inequality, let the women work educate them, they will not only be contributing with the man to run the house expenses but also help in economy; less dependent people, more bread earning hence a good lifestyle. With such an inflationary economy where prices are go ing up, one person is not enough to earn and feed the family. A women who is educated, can raise her children in a very well-mannered and appropriate way with good moral and ethnic values. A healthy home comes with educated women. BIBILOGRAPHY Amartya Sen. Many faces of gender inequality. FRONTLINE. Volume 18 Issue 22, Oct. 27 Nov. 09, 2001 Sex differences in humans . http://en.wikipedia.org/wiki/Gender_inequality Tithi Bhattacharya. Measuring gender inequality. report on the gender gap internationally. from http://socialistworker.org/2013/11/04/measuring-gender-inequality

Hunting song Essay Example for Free

Hunting song Essay This story, â€Å"Hunting Song†, helps us envision the deer hunting tactics of the Navajo people. Although the true moral of this story is terrifying, the author of this poem wrote it in a way that it sounds almost peaceful. He uses beautiful, environmental imagery such as the mountains and dewy flowers to help us picture this scene better in our minds. This story teaches us about the Navajo song writing tradition, their appreciation towards the deer, and their hunting tactics. A major aspect of the Navajo culture is song writing. The people practically wrote songs for most of their activities, such as hunting. They have many, many songs that describe the many different facets of life. The song, Hunting Song is one of the more superior songs out of all the rest. That is because it was said by the Navajo bards, that the deer transformed itself into human. This explains why the hunter of this story was very content with killing this deer. It shows how the hunter may have felt proud to have caught an animal that is so incredible. The tribe’s appreciation for the deer is amazing. This song is basically a sacred verse for killing the deer. It’s incredible how the Navajo people are so thankful. For instance, people nowadays, in Korean society, kill cows and pigs. However, they do not particularly feel appreciative towards them. This song helps us understand how the Navajo are one with nature. It teaches the importance of the animals and helps us value what we receive in life. Although there is insufficient information in this story to figure out how they hunt, we can get a general consensus of it. In the last stanza, the author stated how he killed the deer by the â€Å"luck of (his) chase. † This last part helps me picture a man holding a spear, chasing the deer. However, we do not know if that is how the deer actually died. The fun part of this is that the author left the hunting techniques out so that his audience may imagine many other ways the hunter could have murdered the deer. From evaluating this hunting song, I was convinced that we all should appreciate and take value of our surroundings. I was surprisingly very inspired by the Navajo culture. It made me think of the time when I went hunting with my friend’s family back in the States. Although I didn’t recite a sacred verse to the elk we killed, I now know that I should the next time I go hunting. I feel as though I’ve learned so much about the people of Navajo and their traditions. Hunting Song teaches us about the Navajo song writing tradition, their appreciation toward the deer, and their awesome hunting tactics.

International Business From Islamic Perspective

International Business From Islamic Perspective International Business has always played a vital role in the economic and social of all people through the ages. Muslim as a part of contemporary world, and cannot be exception from this rule. Their religion (Islam) not only permits them, but also encourages them to do business. The prophet Muhammad (pbub) (the Messenger of Islam) himself was a full-time business man for a considerable period of time. However, contemporary Muslim find themselves confronted with serious dilemmas, because they didnt follow their constitution, which are Quran and Sunna .This Qurans emphasis on justice in general and maintenance of straight balance in practical is evident from forceful and oft-repeated injunctions. This study will try to collect some brightness efforts from implementing Islamic rules and standers in international business. 1.2 The purpose of the study: The aim of this study is to recognize Islamic banking as the main contribution in international business and how this contribution adds significant solution to world banking problems 1.3 Methodology: In this project the methodology depends on several references such as books, articles in journals, websites, and magazines. .Chapter Two Literature review: 2.0 The Fundamental of an Islamic Business System The basic frame work for an Islamic business system is a set of rules and laws. Collectively referred to as shariah, governing economic, social, political, and culture aspects of Islamic societies. Shariah originates from the rules dictated by the Quran and its practices, and explanations from Sunnah by the prophet Muhammad. Further elaboration of the rules is provided by scholars in Islamic jurisprudence within the framework of the Quran and Sunnah. (Saeed, M . Ahmed, Zr . Mukhtar, S 2001) This framework clarifies the prohibition of interest. Prohibition of riba, a term of literally meaning an excess and interpreted as any unjustifiable increase of capital whether in loan or sales is the central tenet of the system. More precisely, any positive, fixed predetermined rate tied to the maturity and the amount of principle is considered riba and is prohibited. The general consensus among Islam scholars is that riba cover not only usury but also the changing of interest as widely practiced. This prohibited is based on argument as social justice, equity, and property right. Islam encourages the earning of profit but forbids the charging of interest because profits, determined ex post, symbolize successful entrepreneurship and creation of additional wealth where as interest, determined ex ante, is a cost that is accrued irrespective of the outcome of business operations and may not create wealth if there are business losses. Social justice demands that borrowers and the lender share rewards as well as losses in an equitable fashion and that the process of wealth accumulation and distribution in the economy be fair and representative of true productivity. Risk sharing. Because interest is prohibited, suppliers of funds become investors instead of creditors. The provider of financial capital and the entrepreneur share business risks in return for shares of the profits. Money as potential capital is treated as actual capital only when it joins hand with other resources to un dertake a productive activity. Islam recognizes the time value of money, but only when it acts as capital, not when it is potential capital. Prohibition of speculative behavior. An Islamic financial system discourages hoarding prohibits transactions featuring extreme uncertainties, gambling and risks. Sanctity of contracts. Islam upholds contractual obligation and the disclosure of information as a sacred duty. This feature is intended to reduce the risk of asymmetric information and moral hazard. Shariah-approved activities. Only those business activities that do not violate the rules of shariah qualify for investment. (Saeed, M . Ahmed, Zr . Mukhtar, S 2001) Some of the more popular instruments in Islamic business markets are trade with markup or cost-plus sale (murabaha). One of the most widely used instruments for short-term financing is passed on the traditional nation of purchase finance. The investor undertakes to supply specific goods or commodities, incorporating a mutually agreed contact for resale to the client and a mutually negotiated margin. Profit-sharing agreement (mudaraba). This is identical to an investment fund in which managers handle a pool of funds. The agent-manager has relatively limited liability while having sufficient incentives to perform. The capital is invested in broadly defined activities, and the terms of profit and risk sharing are customized for each investment. The maturity structure ranges from short to medium term and is more suitable for trade activities. 2.1 The Principle of Islamic banking: The principle of Islamic banking is based essentially on the premise that interest, which is strictly forbidden in Islam, is neither a necessary nor a desirable basis for the conduct of banking operation, and that Islamic teachings provide a better foundation for organizing the working of banks. Muslim economists have pointed out that it is a historical accident that interest has become the kingpin of modern banking. The practice of interest has been condemned by foremost thinkers in human history and by all biblical religions. Aristotle dwelt on the barren nature of money and vehemently condemned the institution of interest which describe as birth money from money. ( Abeng, T 1997) Under Judaism, Israelites were forbidden to demand any increase on the principle amount of the sum lent in transactions among themselves, though interest could be charged in dealing between Israelites and gentiles. The reason for his distinction, according to many scholars of Judaism, was that there was no law at that time among the gentiles which prohibited the practice of interest and it was no regarded as unfair that Jews be allowed to recover interest from people who charged interest from them. Among the followers of Islam, the institution of interest has always been regarded as highly ignoble because the Holy of Quran strictly forbidden interest based transaction in all form. In the early history of Islam the injunction relating to prohibition of interest was strictly observed, but with the decline of the hold of religion and spread of western influence, financial practices based on interest began to permeate Muslim societies as well. In the period of colonial domination of Musl im countries by western power, the interest based system became solidly entrenched. Muslim scholars argue which has led to the resent -day dominance of interest in financial transactions all over the globe.( Abeng, T 1997) Muslim scholars recognize the important role banks play in the economy of the country in the modern time. Banking institutions act as financial intermediaries between savers and investors. They can be of significant help in assisting the process of capital formation and development. 2.2 Non Muslim countries interesting with Islamic banking serve The achievements of Islamic banking through world crises encourage many non Islamic countries demand to apply this vision by institutionalized use of Islamic modes of deposit mobilization and financing, if not full flagged Islamic banking; in quit a few non Islamic countries. Thus Islamic financial institutes exist in so far a part as Australia, Denmark, India, Liberia, Liechtenstein, Luxemburg, Philippine, South Africa, Thailand, United Kingdom and United State of America. Apart of these there are a number of nun -Islamic financial institution in non-Muslim countries which offer Islamic finances services for their Muslim clients. There is a good deal of controversy, however, about the financial services being offered by such institutions being in fully conformity with Shariah requirements. Chapter Three 3.0 The impact of Islamic Banking on economic system The culture of Islamic banking has magnificent affect in several dimensions of economic system, which are saving, investment, rate and percentage of growth. These elements have major rule for economic system stability. 3.0.0 Effects on saving and investment Islamic economy has pointed out that standard economic does not yield a definitive conclusion regarding the effect of increased uncertainty of rate of return on the quantum of saving. The actual out come would depend on a number of factors such as the form of utility function and its risk aversion, the degree to which future is discounted, whether or not increased risk is compensated by higher return, and the income and substitution effects of increased uncertainty. It has further been argued that the move to an Islamic interest free system, under cretin conditions, could lead to increase rates to return on saving. Consequently, the increased level of uncertainty that could result from adoption (Profit/loss sharing) (PLS) based system could be compensated unchanged or perhaps even leading to an increase in saving. Muslim economists expect PLS based banking to exercise favorable effect on the level of investment. Both the demand for investment PLS based banking. The demand for investment funds is likely to increase as a fixed coast of capital is no longer required to be met as a part of the firm profit calculations. The marginal product of capital can be taken up to the point where maximum profits are obtained without the constraint of meeting a fixed coast of capital. The supply of investment funds is likely to increase as PLS based banking is enable to undertake the financing of a large number of risky projects on account of an enhanced risky absorbing capacity. 3.0.1 The impact on Rate and Pattern of growth The expected favorable effect of PLS based banking on the level of investment world impart a pronounced growth orientation to the economy, the increased availability of risk capital under the Islamic system would promote technological innovation and experimentation which would be another favorable factor for growth. Islamic banks are also expected to influence the pattern of growth through appropriate selectivity in their financial operations to ensure that the process of growth is broad based and an optimal use for bank resources. 3.0.2 The impact on Allocative efficiency The financial system based on an Islamic frame work of profit sharing would be more efficient in allocating resources as compared to the conventional interest based system. This position is defended on the basic the general proposition that nay financial development that causes investment alternative to be compared to one another, strictly based on their productivity and rate of return, is bound to produce allocative environment, and such a proposition is the cornerstone of the Islamic financial system. Muslim economists do not deny that investment efficiency requires the use of discounting to take proper care of the time dimension of costs and benefits. They emphasize that non-existence of interest does not mean that discounting as a technique of computing the present value of future cash flows cannot be used in an interest free economy. It has father been pointed out that interest rate is not proper discount factor under conditions of uncertainty, the rate of return on equity is the proper discount rate. Science the real world is a world of uncertainty and since no real investment in any economy can be undertaken without facing risk, cash flow of such investment should be discount not by a riskless interest rate but by the true opportunity cost of venture capital. 3.0.3 Consequences for the Stability of the Banking System The literature of Islamic banking that switch over from interest based on PLS based banking would import greater stability to the banking system .there is no assurance on the assets side that all the loan and advances will be covered, shocks on the asset that all the loan and advances will be covered. Shocks on the assets side, therefore, load to a divergence between assets and liabilities, and the banking system can suffer a loss of confidence in the process, leading crises. In the PLS based system, the mineral value of investment deposited is not guaranteed and shocks to the assets position are promptly absorbed in the value of investment deposits. This minimizes the risk of bank failure and enhances the stability of the banking system. 3.0.4 Effects on the Stability of the Economic System The replacement of interest in the Islamic banking system is PLS, that eliminate the interest couple with other institutional feature of the Islamic economy , will tend to enhance stability , the interest in the financial bank depends on debt, which is the main reasons for instability in capital economy . Its easy to see, for example how the interest based system intensifies business reason. As soon as banks find that business concerns are beginning to incur losses, they reduce assistance and call back loans, as a result of which some firms have to close down. This increases unemployment resulting in further reduction in demand, and the infection spreads. Islamic bank on the other hand, are prepared to share in losses in which reduces the severity of business recession and enables the productivity enterprise to tide over difficult period without shutdown. Islamic banking has to be regarded as a promoter of stability rather than a conduit of instability. 3.1 The practice of Islamic banking The Islamic banking movement began on a modest scale in the early sixties. The earliest experiment in Islamic banking took place in the most cases on individual initiative with governments playing a more or less passive role. The later growth of the Islamic banking movement has been significantly helped by the encouragement provide by the government of a number of Muslim countries. The establishment of Islamic banks in banking legislation. It should be mentioned that changes in banking legislation effected in certain countries to facilitate the working of Islamic banks are not intended to confer any special advantages on these banks vis-Ã  -vis the conventional banks. The measures are in fact designed to remove some of the handicaps from which Islamic banks suffer in conducting their operations in an economy where interest based transaction dominate the scene. (Saidi,T.2008) Two different approaches are discernible in regard to the adoption of Islamic banking practices. In a number of countries Islamic banks have been started on private initiative. The governments of these countries have not committed themselves to the abolition of interest, and Islamic banks exist side by side with interest based banks. Pakistan and Iran are following a different approach aimed at economy wide elimination of interest. In Sudan, where Islamic banks co-existed with interest based banks for long time, the government has now opted for economy wide Islamization of banking. This section of the paper reviews the trends in the practice of Islamic banking in both the setting. It also takes note of activities of the Islamic Development bank, which is an international development financing institution working in shariah principles, the banking services by conventional banks in certain Muslim countries. 3.2 Individual entities for Islamic bank practices There are now fifty Islamic banking institution operating in different countries encompassing most of the Muslim world. Two major international holding companies, namely, the Dar al-Mal al-Islami Trust and AL-Baraka Group control a number of Islamic banks Most other have been established by associations of individual sponsors. In some banks there is also a certain amount of government participation in their capital Islamic banks conduct their banking operation under shariah principles. Almost all of them have Shariah Supervisory boards as part of their organizational structure. The function of Shariah Supervisory board is to ensure the compatibility of all the operations of Islamic banks with requirements of Shariah . (Saidi,T.2008) Islamic banks accept both demand deposits and saving and time deposits. Demand deposits are treated as Qard al Hasnah .The bank is given permission to use the deposit amount at its direction but with guarantee of returning the full principle amount on demand. Saving deposits are differentiated from demand deposits as they are subject to certain restriction with respect to the amount that can be withdrawn from such accounts at any one time and the periodicity of such withdrawals. Some Islamic banks accept saving deposit deposits on PLS basis while others do not pay any return on these deposits and guarantee the principle amount. Time deposits are accepted by Islamic banks PLS sharing biases and generally known as investment account. The investment deposits of Islamic banks can have different maturity periods. The return on investment deposit is specified as percentage of total profits in most case, but in most cases the percentage return varies with the length of the period for which the deposits are made. Apart from limited period deposits, some Islamic banks also accept unlimited period investment deposited. In this case, the period of deposit is not specified and the deposits are automatically renewed unless a notice of termination of deposits is given of a mutually agreed of a mutually agreed time interval. Some Islamic banks also have specific investment accounts in which deposits are made for investment in particular project. The return to depositors in these accounts depends on the outcome of these particular projects and the ratio of the profit sharing agreed between the bank and the depositors. Islamic banks operating in different countries are using a combination of the different financing techniques permissible in shariah . However , most of them lean heavily on Murabahah in their operations. This is for two main reasons. Their orientation mainly is towered short term financing of trade transaction for which Murabahah appear to be more convenient devices compared to the system of PLS. Secondly, they are in competition with interest based banks and are therefore anxious to earn at least as much on their environment as will enable them to given return roughly comparable to prevailing interest rate to their investment account holders. This is easier to achieve by engaging in Murabahah transaction as the mark-up can be fixed in a manner which less assure the required return. On the other hand, considerable uncertainty attaches to earnings under a system of PLS sharing as the outcome depends on the operating of various business units which are subject to the usual business haz ards. Excepting the three countries where Islamization of the banking system has taken place on an economy wide basis, Islamic banks in other countries are at a considerable disadvantage in facing the competition with conventional banks as they cannot avail of the facilities of the money market which operates on the basic interest. This forces them to work with much higher liquidity ratios which have implications for their profitability. Islamic banks also face a number of problems in investing their funds internationally as they cannot take advantage of the facilities of the Eurocurrency market and the Eurobond market which offer ready investment outlets for conventional banks. Islamic banks have generally a good track record of profitability. Like conventional banks, Islamic banks also have had problems in the recovery of their due during periods of business recession or suffered loses in some investment which did no pay off but these have not grown to any crises. The Dar Al-Mal Al-Islami, which is a holding company for a large number of Islamic banks, did suffer operating losses in 1983 and 1984, and Kuwait finance House had a bad year in 1984 when neither the shareholders nor the depositors received a return on their capital. However, both these institution recovered from the set back in 1985 and showed good profits. There are course substantial differences in the performance and the profitability of individual institution within the Islamic banking community but this is not surprising because operating conditions and business environment differ widely from country to country. Chapter Four 4.0 Example of Islamic banking in Islamic countries We will spotlight on some Islamic countries like Iran, Pakistan and Sudan. To know their experiences with Islamic Banking. 4.0.0 Iran and Islamic banking A new law was enacted in Iran in August 1983 to replace interest based banking by interest free banking. The new required the banks to convert their deposits to an interest free basis within one year, and their operations within three years, from the date of the passage of the law, and specified the types of transactions that must constitute the basis fro asset and liability acquisition by banks. The law also specified the responsibilities of the central bank under the new system and the mechanics of its control over the banking system. (Roy, D 2010) The law allowed the banks to accept to types of deposits, Quard al Hasanah deposits and term investment deposits. The Quard al Hasanah deposits comprise of current as well as saving account which differ in their operational rules. The holders of current and saving accounts are guaranteed the safety of their principle amount and are not entailed to any contractual return. However , banks are permitted to provide incentive to depositors through Grant of prizes in cash or kind Reduction in or exemption from service charges or agents fees payable to banks. According priority in the use of banking facilities. Holders of term investment deposits are entitled to receive return, depending on the profitability of the project in which these funds are invested. The law allows the banks to undertake and repayment of the principle amount of terms of investment. The law provides various modes of operation upon which the financing transactions of kinds must be based. Banks are obliged to earmark a portion of their resources for grant of Quard al Hasanah to help achieve the socioeconomic objectives set out in the constitution of the country. Beside Quard al Hasanah , banks are authorized to extend financial assistance for predictive venture on PLS basis in accordance with the principle of Mudarabah and Musharakah . Banks are allowed to provide part of the capital of a new joint stock company and also to purchase share of the existing joint stock companies. Banks are authorized to provide working capital financing to productive unites by purchasing new materials, spare parts and other items on their request for sale to them on the basis of deferred payment in installment. Purchasing of machinery and equipment for sale to their clients on deferred payment basis is also allowed. Another mode is called Salaf which is used for meeting working capit al requirements through advance purchase of output. Banks can engage in lease-purchase transaction. In the new set up, the central bank of the country has been given wide authority to control and supervise the operations of the countrys banks. While it continues to have many of the erstwhile credit control weapons which do not involve Riba, it has been endowed with new instrument of control to regulate the interest free operations of the banks. These include power to determine Minimum and maximum expected rates of return from various facilities to the banks. Minimum and maximum profit shares for banks in their Mudarabah and Musharakah activities. Maximum rates of commission the banks can charge for investment accounts for which they serve as trustees. Studies on Islamic banking experience of Iran have pointed out that no attempt has been made so far to Islamize the international banking and financial operations. Government continues to borrow from banks on the based of fixed rate of return. It has also been pointed out that some practices in Iran are not variance with the practice of Islamic banking in other countries. 4.0.1 Sudan and Islamic banking The aim of this economy wide Islamize of the banking system in Sudan has not been smooth and steady. The first attempt to Islamize the entire banking system was made 1984 when a presidential decree was issued directing all commercial banks to stop interest based dealing with immediate effect and to negotiate the conversion of their then existing interest bearing deposits and advances into Islamically acceptable form. Foreign transactions were allowed to be continued on the basis of interest for the time being. It is reported that this sudden change forced the banks to adopt the nearest Islamic alternative available that is Murabahah which soon constituted 90 percent of their financial operations. Its also reported Islamic system only formally in their ledger books and in the reports submitted to the central bank of the country. Policy makers in the central bank were also discontented with the procedure of transforming the banking system. They considered it as a mere political decisio n imposed by the government without being preceded is adequate detailed study. This experiment which economy wide Islamization of banking system came to end in 198 with the charge in government. The government which is presently in power had decided on the economy wide Islamization of the banking system once again, and newspaper reported indicate that the effort is much more earnest and much better organized this time. (Roy, D 2010) 4.0.2 Pakistan and Islamic banking The process of economy wide Islamization of the banking system in Pakistan was initiated soon after declaration by the president of Pakistan in 1979 that government planning to remove interest from the economy within period of three years and that a decision had been taken to make a beginning in this direction with the elimination of the interest from the operation from House Building Finance corporation, National Investment Trust and mutual funds of he investment corporation of Pakistan. Within a few months of this announcement, these specialized finical institutions took the necessary steps to reorientation their activities on a non interest basis was a much more complex task and took a longer time span. To begin with, step were taken in 1981 to set up separate counters for accepting deposits on PLS basis in all the domestic braches of the five nationalized commercial banks. The parallel system, in which savers had the option to keep their money in the bank either in the interestin g bearing deposits or PLS deposits, continued to operate till the end of 1985. As the first 1985, no banking company is allowed to accept any interest bearing deposits except foreign currency deposits which continue to earn interest. As loss of that banking company accepted deposits in current account on which no interest or profit is given and whose capital sum is guaranteed. The central bank of the country has issued instructions specifying twelve modes of financing in which funds mobilized by the banks can be employed. These are broadly classified into three groups: loan financing Trade related mode of financing Investment mode of financing. Loan financing takes the form either Qard Al-Hasan given on compassionate grounds free of any interest or service charge or of loan with a service charge not exceeding the proportionate cost of the operation. (Roy, D 2010) Trade related modes of financing include: Purchase of goods by banks and their sale to clients. Purchase of trade bills. Purchase of movable or immovable property. Leasing. Hire-purchase. Financing for development of property on the basis of a development charge. Investment modes of financing include: Equity participation and purchase of shares Purchase of participation term certification. Rent sharing The central bank of the county ahs been authorized to fix the minimum annual rate of profit which banks should keep in view while considering proposals for provision of financing, and maximum rate of profit they may earn, theses rate may be changed from time to time. It has also been laid down that should lose occur, they must be shared by all the financiers in proportion to the respective finances provided by them. To safeguard the banks against delays and defaults in repayment by parties obtaining finance from them, a new law called the Banking Tribunals ordinance was promulgated in 1984. The tribunals set up under the radiance are required to dispose of all cases within the ninety days of filing the complaint. Appeals can be filled in the high court within thirty days but the decrial amount has to be deposited with high court appeal. 4.0.3 Islamic Development Bank The Islamic Development Bank, established in 1975, is an international financial institution whose purpose is to foster the economic development and social progress of member countries and Muslim communities individually as well as jointly in accordance with principles of Shariah. It has 47 members and a subscribe capital of 2028.74 million Islamic dinar. The functions of the bank are to participate in the equity capital and grant loans for productive project in member countries and to provide financial assistance in other form for economic and social development. The bank is also required to establish and operate special funds for specific purpose including fund for Muslim communities in non-member countries. The bank authorized to accept deposit and to raise fund in any manner. It is also charged with the responsibility of assisting in the promotion of foreign trade, especially in capital goods, among member countries, providing technical assistance to member countries, extending training facilities for personal engaged in development activities and undertaking research for enabling the economic, financial and banking activities in Muslim counties to conform to the Shariah . (Roy, D 2010) The cumulative financing approved by the bank since its inception till the end of 1991-1992 amounted to 9389.13 million Islamic dinar. Foreign trade financing, based on Murabahah, has accounted for the bulk of the total resources providing by the bank to its members. It accounted for 72.5 present of total financing. Loans provided on the basis of a service charge accounted for 8.2 percent while leasing and installment sales accounted for 5.3 percent and 6.3 percent of total financing respectively. Equity participation accounted for 2.2 percent of total financing while the assistance provide through profit sharing accounted for2.0 percent of total financing. Equity participation and profit sharing are regarded as the chief distinguishing features of Islamic financing and banking. It is disappointed to note that, they have so far played very financing operations of Islamic development bank. The over-anxiety of the bank in it initial years to expand the network of equity financing to cover as many of its member countries as possible, lack of sufficient professional expertise in the bank to undertake an adequate appraisal of the project and to pursue the task of vigorous follow up of it equity investment, delay in the implementation of the projects financed by the bank, marketing difficulties and currency devaluation have been cited as the main factors responsible for this situation 4.1 Analysis the role of commercial banks in increase debts Commercial banks is the banks that depends on interest to increase there profits. To achieve his object, they do maximum to attract clients to register in these facilitates, that have different shapes. By the affect of advertising, many people try to achieve their goals by magic solution which is loan. Also there is another promotion from these banks to attract customers which a

The Two Faced Salieri :: essays research papers

â€Å"Now a madness began in me. The madness of a man splitting in half†. Even though this was uttered by Salieri, it’s our life! And yet we still don’t know what’s in it. You might not notice, but everyone in this world has two sides, one dark and the other light. The quote above also has two sides. On one hand he was a noble court composer, on the other hand he was really evil and was filled up with jealousy. Did Salieri control his two different sides or did he believe in one side and invaded the other? In the following few paragraphs, I am going to prove to you how Salieri was a two faced person. Salieri was a noble, decent and a mature person. After his father died, God gave him what he needed and made him a court composer for the Emperor. He was simply a model of virtue for other people. â€Å"I kept my hands off woman†. This was said by Salieri and this quote also proves that he was respectful and an honored person. â€Å"Teaching students, many of them for free, sitting on endless committees to help poor musicians†. This quote was also said by the court composer Salieri. This quote tells all of us that he was a really nice person and didn’t want anything in return because God gave him what he needed the most. â€Å"Let me celebrate your glory through music†. This shows us that he was very dedicated to his religion and to God. â€Å"I was the most successful musician in Vienna†. Salieri was really happy when he knew he was the greatest composer of Vienna but when ever there is a good time for a person, there is also a bad. Salieriâ⠂¬â„¢s evil side took over part of his good side and this all happened when he arrived. The most famous composer named Mozart. Salieri like everyone else also had a bad side. He was really jealous when Mozart took over his dreams. Mozart was also a composer and he became well known in Vienna through his music. When Salieri first saw Mozart he thought how can such a vulgar man create such great music. Salieri was really mad at God for making such a disgusting and a dirty minded person such a great composer.

Formation of the Triple Alliance :: History

Formation of the Triple Alliance In 1871 two new major states of Europe had been formed—the German Empire and the kingdom of Italy. The new German Empire, under the hand of Otto von Bismarck, was steered carefully, always with an eye upon France, for the Franco-Prussian War (1870–71) had left France thirsting for revenge and for recovery of the lost provinces of Alsace and Lorraine. 2 Germany had allied itself with Russia and Austria-Hungary in the Three Emperors’ League, but Austria-Hungary and Russia were not the best of friends, partly because they were at odds over the Balkans and partly because Russia represented the Pan-Slavic movement, whose program threatened the very existence of Austria-Hungary. The Treaty of San Stefano (1878), following the Russo-Turkish War, furthered the cause of Pan-Slavism through the creation of a large Bulgarian state and offended Austria-Hungary as well as Great Britain. A European conference (1878; see Berlin, Congress of), called to revise the treaty, caused a sharp decline in the friendship between Russia on the one hand and Austria-Hungary and Germany on the other; Bismarck formed (1879) a secret defensive alliance—the Dual Alliance—with Austria-Hungary. 3 In 1882 Italy, angry at France chiefly because France had forestalled an Italian advance by occupying Tunis, signed another secret treaty, which bound it with Germany and Austria-Hungary. Thus was the Triple Alliance formed. It was periodically renewed until 1913. In 1882 Serbia joined the alliance, in effect, through a treaty with Austria-Hungary. Romania joined the group in 1883, and a powerful Central European bloc was created. Italy was from the first not so solidly bound to either of its allies as Germany and Austria-Hungary were to each other. Italy was in fact a rival of Austria-Hungary in the Balkans and particularly for control of the Adriatic; moreover, there remained unsettled territorial problems (see irredentism). The Triple Alliance, however, turned diplomatic history into new channels. 4 Formation of the Triple Entente The Three Emperors’ League died a slow death, but in 1890 its day was over: Germany refused to renew its reinsurance treaty with Russia, and Russia in consequence sought a rapprochement with France. At the same time France, face to face with an increasingly powerful Germany and a hostile Central European combination, felt great need of an ally, and French diplomats began to make overtures to Russia for an agreement to counterbalance the Triple Alliance. French capital aided Russian projects, especially the Trans-Siberian Railroad, and friendly diplomatic visits were exchanged.

Climate Change and Air Pollution in Australia Essay -- Global Warming E

Climate Change and Air Pollution in Australia Air Pollution Fortunately for Alice Springs and much of the Northern Territory, its remote location and low population density mean that the city is not a large source of air pollution. In fact, in a report issued by the Northern Territory Minister of Infrastructure, Planning, and Environment, it is said that while doing testing for the National Environmental Protection Measure the government only tested for particulate matter in Alice Springs, instead of the whole slate of air pollutants, which would have included Carbon Monoxide, Ozone, Sulfur Dioxide, and Nitrogen Dioxide. These other pollutants were not a concern, because of the location and low population density of Alice Springs. While testing for particulate matter, the study found only two days over the entire year where particulate matter levels exceeded the National Environmental Protection Measure standards. This was attributed to bushfires and households burning wood for heat in the winter. Although this particula r study did not test for them, Alice Springs does produce significant amounts of greenhouse gases. In June 2006, the Alice Springs Town Council issued the Local Action Plan to Reduce Greenhouse Gas Emissions, in which they explain how much CO2 the town emitted in 1996, and exactly where the emissions came from. In 1996, the city was responsible for 325,370 tonnes of CO2 emissions. Electricity is responsible for the majority of the emissions, while fossil fuels and waste account for the rest. The Town Council’s plan to reduce these emissions hopes to cut them to 80% of 1996 levels by 2010. They plan to focus on reducing electricity consumption. Within buildings managed by the c... ...n Alice Springs. http://www.alicesprings.nt.gov.au/astc_site/your_council/council_publications/plans/local_action_plan_to_reduce_greenhouse_gas_in_alice_springs. June 2006. Australian Government Department of Climate Change. Australia’s Solar Cities. http://www.greenhouse.gov.au/solarcities/alicesprings/index.html Linacre, E. The last ice age in Australia, New Zealand, and Papua New Guinea. http://www-das.uwyo.edu/~geerts/cwx/notes/chap15/lgm_oz.html Peatling, Stephanie. Australia tops greenhouse pollution index Sydney Morning Herald. 19 June 2004. http://www.smh.com.au/articles/2004/06/18/1087245110190.html Vatskalis, Kon. Report to the NEPC on the implementation of the National Environment Protection (Ambient Air Quality) Measure for the Northern Territory. http://www.ephc.gov.au/pdf/annrep_01_02/179-181_Jur_Rep_AAQ_NT.pdf

Atlantic Slave Trade Essay

A slave can be defined as a person who is the property of and wholly subject to another, a bond servant or a person entirely under the domination of some influence or person. Slavery was well recognized in many early civilizations. Ancient Egypt, Ancient China, the Akkad Ian Empire, Assyria, Ancient India, Ancient Greece, the Roman Empire, the Islamic Caliphate, the Hebrews in Palestine, and the pre-Columbian civilizations of the Americas all had either a form of debt-slavery, punishment for crime, enslavement of prisoners of war, child abandonment or birth of slave children to slaves. However, as the sixteenth century approached, so did the change in the way slavery would be looked at, for years to come. The Atlantic slave trade became the name of the three part economic cycle that involved four continents for four centuries and millions of people. The Atlantic slave trade or the middle passage, triangular trade and slavery affected the economy of Europe, Africa and the Americas in both negative and positive aspects. Starting in the 1430’s Portuguese were the first to sail down the coast of Africa to search for gold and jewels. The Portuguese had to extend their power across the co+ast because Sub-Saharan Africa’s trade routes were controlled by the Islamic Empire. By 1445, The Portuguese conquered three African countries and created trading posts. This allowed them access to Europe across the Sahara. Initially, the Portuguese traded copperware, cloth, tools, wine and horses for pepper, ivory and most importantly gold. The first slave purchase is said to have taken place in 1441 when the Portuguese caught two African males while they were along the coast. The Africans in the nearby village paid them in gold for their return. Eventually, they developed the idea that they could get more gold by transporting slaves along Africa’s coast. The Muslims were enticed by the idea of slavery as they used them as porters and for profit. Portugal had a monopoly on the export of slaves in Africa for more than two hundred years. This encounter is the beginning of one of the most tragic events in history, the Atlantic triangular trade (Thomas 1997). A triangular trade evolves when a region has export commodities that aren’t required in the region which its major imports come and provides a method for trade imbalances. The triangular trade is named for the rough shape it makes on a map. It worked like a triangle between all the colonies that were involved. For centuries the world was took part in its most successful trading system. There where nearly fifteen million Africans were shipped to both North and South America for more than three-hundred. Slaves, cash crops and manufactured goods were the most traded between the Americas, Europe and Africa. The Europeans controlled the first stage of the trade by carrying supplies for sale and trade such as, cloth, spirit, tobacco, beads, shells, metal goods and guns. This was their method of which were used to help expand empires and capture more slaves. These goods were exchanged for purchased and kidnapped African slaves (www. nmm. ac. uk/freedom/viewTheme. cfm/theme/triangular). African kings and merchants would capture the slaves or organize campaigns ran by the Europeans. The motives of the Europeans were based on one thing; they lacked a major source, a work force. It was stated that the Indigenes people were unreliable and Europeans were unsuited to the climate. However, Africans had experience in agriculture, keeping cattle, content with the climate. Africa soon became reliant on the slavery of their people and the profits that came along with it. The next stage involved the slaves being transported by voyage to the Americas and Caribbean, the middle passage (PBS. â€Å"The African Slave Trade and the Middle Passage. † http://www. pbs. org/wgbh/aia/part1/1narr4. html). The middle passage was a perilous, horrendous journey slaves made across the Atlantic Ocean to the Americas. The final stage of the Atlantic slave trade was the return to Europe from the Americas with the produce from the slave-labor plantations. Most regions of North and South America were used to provide these raw materials to Europe for manufacturing. This wasn’t the first or only slave trade, but it was the cruelest. What began as a quest for gold ended as a quest for slaves, leaving a major stamp on African and American history (Thomas 1997). Before undergoing the middle passage, slaves faced human misery and suffering. Kidnapped slaves were forced to walk shackled in slave caravans to European coastal forts. Due to the lack of food and energy, half of the slaves became sick and were killed or left to die. Some had the strength to make it so they were left in underground dungeons. For years, Africans were stranded in these dungeons across the coast of Africa.. There, they wait on the embarked horrid encounter of the entire slave trade, the middle passage. None of the previous passengers returned to their homeland so none of the Africans knew what they were about to endure. The voyages were generally organized by companies and investors because they were a huge financial burden(â€Å"The African Slave Trade and the Middle Passage). Two theories show the packing of slaves in the European ships; loose and tight packing. Loose packing carried less slaves with the hopes of more room and more slaves making it to the Americas alive and in fair condition. This was exchanged for tight packing. Captains believed despite more casualties, this would yield a greater profit. On occasion, veterinarians inspected the slaves before the voyage to determine which slaves could make it across the Atlantic Ocean. The enslaved Africans were chained together by hand and foot, not even being able to lie on one’s side. They ate, slept, urinated, defecated, gave birth and died all in that one spot. There was overcrowding, inadequate ventilation and little to no sanitation. Twenty percent of every hundred died along the way from either suffocation, starvation, amoebic dysentery, scurvy or a disease such as small pox. The slaves that died were thrown overboard as well as the slaves that showed illness. Some threw their self-overboard risking their life rather than deal with these horrific measures. Approximately fifteen million captured Africans were sent to the Americas. The middle passage was the longest, most dangerous part of the Atlantic slave trade (â€Å"The Middle Passage Experience†). From the seventeenth century on, slaves became the focus of trade between Europe and Africa. Europe had already colonized North and South America as well as the Caribbean islands from the fifteenth century onward. This created an insatiable demand for African laborers, who were deemed â€Å"more fit† to work in the tropical conditions of the New World. The numbers of slaves imported across the Atlantic Ocean steadily increased, from approximately 5,000 slaves a year in the sixteenth century to over 100,000 slaves a year by the end of the eighteenth century (www. mariner. org/captivepassage). Upon their arrival to the Americas, the slaves were washed, greased and placed inside dungeons. The grease added a more appealing look making the slaves appear healthier so the profit would be much higher. European slave traders made sure all of their potential properties were in well condition before bidding. They were branded with a hot iron to keep their identity as a slave. There were two main types of slave auctions; highest bidder or grab and go auctions. Highest bidder was a bidding process which the buyer with the highest bid would get the slave. Grab and go auctions was the process in which the buyer would give the trader an agreed amount of money in exchange for a ticket. This process was where the slaves were released from their dungeon and the buyers would rush and grab the slave they wanted, Each slave would be sold to an owner who owned a great deal of land and worked on either a plantation or mine and there, the living conditions were still only barely better (Curtin 1969) A prominent African, author and a major influence on the enactment of the Slave Trade Act of 1807, Olaudah Equiano was well aware and very familiar with the Atlantic slave trade. At the age of eleven, Equiano and his sister were kidnapped from his village in Nigeria. He survived the middle passage, and taken to the West Indies. He tells how he was bought by Captain Pascal, a British naval Officer as a â€Å"present† for a cousin. He tells how was enslaved in North America for ten years, working as a seaman. In 1766, he bought his freedom and wrote an autobiography, â€Å"The Interesting Narrative of the Life of Olaudah Equiano,† Equiano gave a firsthand look of the conditions enslaved Africans were forced to live. This document was one of the first documents that explained, thoroughly, the terrible human cruelty of the Atlantic slave trade (Wright et al. 001). Although many lives were taken or at risk, The Atlantic slave trade fulfilled its major goal, profit and change the three continents. Europe, America and Africa’s economy were all affected by the slave trade. Europe’s economy was suffering before the slave trade. The Atlantic slave trade was during the time of recovery for Europe and completely recovered their economy. Because of the success of the trade, they needed more people to manufacture raw materials and export them to Africa. The great supply of jobs created many exports and the income to buy imports. By the end of the slave trade, Europe’s economy was in well standings as one of the wealthiest continents in the world. The America’s economies rose too. They were honored with a free workforce that provided many resources from sugar to cotton. The free labor allotted for them to received one hundred percent of the profit. They were importing more slaves and exporting the goods made by them to gaining wealth. America’s economy became agriculturally stable and soon industrialized. Europe and the Americas economies were affected in a positive way. However, Africa’s economy received a negative effect. Many, for years lived in fear due to slavery. African villages became small and poor. All of the kingdoms that were strong at one time, collapsed and were conquered. They received raw material goods from the slave trade but with nothing shown. The African kings prospered only because they were heavily involved in the slave trade. As the kings’ wealth grew, their economy was at a standstill and eventually failed. The Atlantic slave trade, human cruelty and evil at its finest, had a substantial effect on Europe, the Americas and Africa (www. understandingslavery. com).