Discuss how the four shipping markets are linked to each other Essay

Discuss how the four shipping markets are linked to each other. Demonstrate their interconnections using examples from the shipping industry - Essay Example This means that when before I can demolish 12 dirty ships in one year (at 1 month per ship), then if ships are easy to demolish and clean, they will take only 3 weeks to demolish. This means that I can demolish 1 ship every 3 weeks so in 12 weeks (3 months or 1 quarter) I can demolish 4 ships and in 1 year (12 months or 4 quarters) I can demolish 16 ships (4 ships/quarter x 4 quarters/year). That is 4 more ships per year. If I have the same number of workers, and I can demolish 4 more ships extra every year because it is easy to demolish 1 ship, then that means I can have more profits, right Again, this is an analysis of the effect of faster demolition of ships. Assume that today, we can demolish 12 ships a year. If there are 20 ships in the whole shipping industry that has to be demolished, then at the end of 1 year, we can demolish 12 and there will be only 8 ships left. The sales and purchase market will have 8 ships to sell or to buy. The freight market can also use these 8 ships.

Five Credible Websites Essay Example for Free

Five Credible Websites Essay CDC Seeks $40M to Modernize Infectious Disease Tracking Tools The Center for Disease Control and Prevention (CDC) is requesting$6.6 billion in 2014’s budget. Out of $6.6 billion, $434.4 million will be used to modernize infectious disease outbreaks investigation, reduce healthcare-associated infection, and food safety. The CDC is requesting $40 million for advanced molecular detection initiative. In addition to the advanced molecular detection of tracking disease tools, CDC is also working on expanding foodborne pathogen monitoring system. There are five specific websites that would support the CDC request for emerging and zoonotic infectious diseases. Article: http://www.ihealthbeat.org/articles/2013/4/19/cdc-seeks-40m-to-modernize-infectious-disease-tracking-tools.aspx 1. http://www.cdc.gov/ 2.1. The Center for Disease Control and Prevention (CDC) objective is to keep America safe from health, safety, and security threats, both foreign and domestic. The CDC is an operating division of The Department of Health and Human Services (HHS). The site is reputable, current, and good coverage. Great source, provides accurate and up-to-date information and easy to read format. 2. http://www.fda.gov/ 3.2. The U.S. Food and Drug Administration (FDA) is a scientific, regulatory, and public health agency. The FDA also alerts and recalls products that have a potential risk. The FDA is a division of the HHS. The site is reputable and free of advertisements. The coverage is freely viewed and printed. Provides accurate and up-to-date information. 3. http://www.nlm.nih.gov/medlineplus/ 4.3. MedlinePlus is a National Institutes of Health site that offers reliable information. MedlinePlus health topics are regularly reviewed, and links are up-to-date. MedlinePlus is a government site, and reputable. MedlinePlus is free of advertisements, opinions, and freely viewed and  printed. Easy access and easy formatting. 4. http://www.usda.gov/wps/portal/usda/usdahome 5.4. United States Department of Agriculture (USDA) is known as the â€Å"People’s Department†, and the leadership of food, agriculture and natural resources and nutritional food supplies. USDA is a government and a reputable site. The information is reliable and up-to-date. A great source of information on food safety and the contact information is accurate. 5. http://www.who.int/en/ 6.5. World Health Organization (WHO) is a global health organization providing technical support to countries. The WHO sounds the alarm for the United Nations. The WHO site is reliable and up-to-date. The information is accurate and easy to access. The site is freely viewed and printed. Word Count: 384

The Selfish Gene :: essays research papers fc

Creationism is a Bible–based view of human origin that states humans were created in their current form and have not changed, or evolved, throughout the years. However the belief that our species has changed over time to suit our environment is considered evolution. As both sides possess strong evidence for their conclusions, the debate that stemmed many years ago, even before the famous Scopes trial, has no end in sight. Recently state education boards in Kansas, Alabama and Kentucky have given school districts the opportunity to decide for themselves whether creationism will be taught, along with evolution, in their classrooms. Furthermore, the state of Colorado has dropped all questions on their standardized tests that pertain to evolution. Conversely, on October 8th, 1999 '…the New Mexico Board of Education voted overwhelmingly… to limit the statewide science curriculum to the teaching of evolution'; (Janofsky 1). Creationists refer to the Bible to explain that the creator developed the universe, including Adam and Eve. But, creationists also use science to disprove the theory of evolution. Through the second law of thermodynamics, which states that a system is always heading towards disorder, creationists explain that there was once a time when the universe was more orderly and that singularity existed approximately 15 billion years ago. If this is true, where did this singularity come from? Creationists believe that only a superior creator could have set forth this condition. Although evolution is only a theory, it is widely accepted and is based solely on scientific data. Through the second law of thermodynamics evolutionists believe that humans should continue in a pattern of disorder as are those things neglected in a system. However, humans have become more orderly and more suited for their environment, clearly a process that is carried out by gradual change over time. Through Charles Darwin's The Origin of Species, published in 1859, the world was introduced to natural selection and the theory of evolution. In his autobiography, Darwin states 'It was evident that such facts as these, as well as many others, could be explained on the supposition that species gradually become modified'; (118-119). This type of thinking in his times was extremely radical and unheard of, but throughout the years evolution has been explored further and accepted by most scientists. Further research into the origin of man proved that genes were the maps by which humans change. In The Selfish Gene, Richard Dawkins states ".

Fair Labor Standards Act

Today we are fortunate to have laws to protect us from being forced to work excessive hours without being fairly compensated. We have laws to protect our children from being forced to work at an early age and these laws protect us from working in unsafe and unhealthy conditions. In 1938 our 32nd president Franklin D. Roosevelt was able to have the â€Å"Fair Labor Standards Act† passed and signed into law. This piece of legislation was a land mark in our history.It banned most child labor; it set a minimum hourly wage and set the standard work week. This was the beginning that made employers develop records to keep track of the wages that they paid to their employees and records of the hours the employees were working. The Supreme Court had been one of the major obstacles to wage-hour and child-labor laws. In the 1936 Presidential race wage-hour legislation was a campaign issue and Roosevelt promised to seek some constitutional way of protecting workers.When President Franklin D. Roosevelt won the 1936 election by a landslide he was determined to overcome the obstacles of the Supreme Court’s opposition as soon as possible. Roosevelt and his Secretary of Labor, Frances Perkins tried to make a model for employers of government contractors in all fields, not just construction. But the Federal Government actually encouraged employers to exploit labor because the Government had to award every contract to the lowest bidder.President Roosevelt and Frances Perkins continued to try to get congress to pass acts to prohibit the labor of children and set minimum wages and hours. The â€Å"Fair Labor Standard Act† in a draft form was sent to the White House where two trusted legal advisers of the President, and with the Supreme Court in mind, added new provisions to the already lengthy bill. Roosevelt had told his Secretary of Labor, that the length and complexity of the bill caused some of its difficulties with Congress, and asked for it to be shortene d.Lawyers tried to simplify the bill but faced the problem that, although legal language makes legislation difficult to understand, bills written in simple English are often difficult for the courts to enforce. Because the wage-hour, child-labor bill had been drafted with the Supreme Court in mind, the bill could only be cut from 40 pages to 10 pages. The bill was voted upon May 24, 1938 and after the House had passed the bill, the Senate-House Conference Committee made more changes to reconcile differences.During the legislative battles over fair labor standards, members of Congress had proposed 72 amendments. Almost every change had exemptions, narrowed coverage, lowered standards, weakened administration, limited investigation, or in some other way worked to weaken the bill. What had survived was approved by the conference committee and passed the House on June 13, 1938 and then the Senate approved it. Congress then sent the bill to the President, and on June 25, 1938, the Presid ent signed the Fair Labor Standards Act into law. This affected industries that employed about one-fifth of the US workforce.About 700,000 workers were affected by the wage increase and 13 million more were affected by the hour’s provision. It mostly affected white males, and about 14 percent of women (http://www. u-s-history. com). Children under the age of fourteen were no longer legally allowed to work with some exceptions in the agricultural industries and family businesses. Children under the age of eighteen were banned from working â€Å"hazardous† jobs in mining and some factory jobs. This had greatly reduced the number of children injured by bad working conditions.Children between the ages of 14 and 16 have had additional restrictions on the number of hours they are allowed to work to encourage them to stay in school. During a school day they are only allowed to work three hours and no more than eighteen hours in a school week. Children are not allowed to work before 7a. m. and after 7 p. m. , and from June 1 through Labor Day they are not allowed to work after 9 p. m. The 14 and 15 year old also have addition al restrictions in addition to the â€Å"hazardous† jobs that they may not perform.These jobs include the food service industry such as baking, cooking, working in the freezers and meat coolers, operating food slicers, grinders, choppers and bakery mixers. Fourteen and fifteen year olds are also not to perform jobs that require loading or unloading goods on or off of trucks, railcars or conveyors and they are not to work in connection with maintenance or repair of buildings, equipment or machines. Employers may be assessed civil monetary penalties of up to $11,000 for each employee who is the subject of a violation of the Act’s child labor provisions.A civil monetary penalty of up to $50,000 may be assessed for each child labor violation that causes the death or serious injury of any minor employee, and these assessmen ts may be doubled, up to $100,000 when the violations are determined to be willful or repeated (LindenMeyer, 2004). In the â€Å"Fair Labor Standard Act† the federal minimum wage began at 25 cents per hour in 1938 and it has had over twenty amendments made over the years for increases. The latest rate of $7. 25 per hour was effective on July 24, 2009.In addition to a minimum wage employers must pay the employee’s wages in cash or something that can easily be converted to cash or legal forms of compensation, for example food and lodging. Employers cannot pay their employees with coupons or tokens that can only be used in a store owned by the employer. Discounts that are granted to employees by the employers cannot be used towards meeting the minimum wage requirement. There are a number of employment practices which ‘Fair Labor Standard Act† does not regulate.They are vacation, holiday, severance, or sick pay; meal or rest periods, holidays off, or vacations; premium pay for weekend or holiday work; pay raises or fringe benefits; or a discharge notice, reason for discharge, or immediate payment of final wages to terminated employees. The standard work week in 1938 was reduced to 44 hours per week, and if employees were to work over that they would be paid over time at a rate of their wages plus one-half wages for the additional time worked. By 1940 the standard work week was reduced to 40 hours per week (www. dol. gov/dol/oasam/programs/history/flsa1938. htm).Despite this law in 2006 a class action law suit was brought against Wal-Mart for not paying its employees for their overtime and forcing them to work through their breaks. Wal-Mart lost the law suit and the workers won $78. 4 million (Worth 2008 p 12). In 1961 an amendment was added to the â€Å"Fair Labor Standard Act† called â€Å"enterprise coverage†. It applies to employers whose annual sales total $500,000. 00 or more, or who are engaged in interstate commerce. The courts interpreted that the term interstate commerce to cover companies that regularly use the U. S. mail to send and receive letters to and from other states.The courts included that employees that use company telephones or computers to place or accept interstate business calls or take orders would make the employers subject to the â€Å"Fair Labor Standard Act† (Steingold, 2009). There are also exemptions to the â€Å"Fair Labor Standard Act† where some employees do not qualify for the provisions of overtime or the minimum wage requirements. These employees who are not entitled to it are called â€Å"exempt† employees. Employees that are always entitled to the overtime and the minimum wage pay provisions are â€Å"nonexempt† employees and they are blue-collar employees and first responders.Blue-collar employees include carpenters, electricians, mechanics, plumbers, iron workers, craftsman, operating engineers, construction works, and laborers. First responders are workers that are on the front lines of protecting safety and health. They include police officers, firefighters, medical technicians, ambulance personnel, and hazardous materials workers. Employees that are always exempt and are never entitled to overtime or a minimum wage are employees of seasonal amusement or recreational businesses, employees of newspapers with a circulation of less than 4,000 and newspaper deliver people, and workers of small farms.Some employees are exempt if they meet certain requirements; this is usually because the employees are being paid a salary that compensates them enough for the extra duties and responsibilities that they have. Executive, administrative and professional workers are exempt if they meet the specific guidelines. The requirements for an exempt executive worker are that they must manage other workers as a primary job duty and have at least two full time employees that they are in charge of. They must have the ability to hire , fire, discipline, promote, and demote others or make recommendations about these decisions.The executive worker must earn a salary of at least $455 per week. The requirements for an administrative employee to qualify as exempt are that they must primarily complete their work directly for the business’s management or administration. They must be independent workers and primarily use their own discretion and judgment on their work duties. The administrative employee also must earn a salary of at least $455 per week. The requirements for an exempt professional are that they complete work that requires invention, imagination, originality, or talents in the arts such as music, writing and acting.They may need to be a highly intellectual and have been trained in extensive studies such as law, medicine, theology, accounting, engineering, architecture, teaching, and pharmacy. The must also earn a salary of at least $455 per week. Outside sales people are exempt if they regularly wo rk away from the employers’ office and make sales or obtain orders or contracts for services or facilities. Exempt salespersons are generally paid through commissions and will require little to no supervision to complete their job.The exemption from the minimum wage and overtime pay provisions also applies to computer specialist that receives a salary of at least no less than $455 per week or not less than $27. 63 per hour. The law specifies that computer specialist’s primary duties involve applying systems analysis techniques and procedures. Designing, developing, documenting, analyzing, creating, testing, or modifying computer systems or programs, prototypes and/or machine operating systems. There are a number of employees that are exempt from only the overtime pay requirements.These include taxicab drivers, announcers, news editors, and chief engineers of radio and TV stations that have fewer than 100,000 people located in a town or city (Repa, 2007 and Steingold, 2 009). In 1963 an amendment called the â€Å"Equal Pay Act† had been added to equalize the pay scales for men and women who work at an equal skill, effort and responsibility. Congress felt that the differential in pay prevented the maximization of the available labor resources, they wanted to prevent labor disputes, and they did not want an unfair method of competition.They also felt that the wage differentials depressed the wages and the standard of living. Congress also wanted to eliminate stereotypes about the value of work performed by women. Congress exempted several forms of discrimination from the operation of the Equal Pay Act. These exceptions include shift differentials, restrictions on or differences based on the time of day worked, hours of work, and the lifting or moving of heavy objects. The Equal Pay Act also excluded differences based on experience, training or ability, as well as unusual or higher than normal wage rates which employers maintained for valid rea sons.The Equal Pay Act allows for unequal pay for equal work only when wages are set pursuant to a seniority system, a merit system, a system which measures earnings by quantity or quality of production, or other factors outside of sex (The Bureau of National Affairs, Inc, 1963 and Landsberg, 2004). In 2004 a class action suit was brought against Wal-Mart were 1. 6 million female associates that worked for Wal-Mart felt that they were discriminated against because they were women. These women tried to advance into higher paying positions but were passed over by men/boys who did not have the experience and knowledge that these women had.More than seventy percent of the Wal-Mart workforce is women, sixty-five percent of the cashier and greeter positions are held by women and only thirty-five percent of the assistant managers for Wal-Mart are women. The female employees of Wal-Mart are paid less than the male workforce for jobs that are of equal skill, effort and responsibility all for keeping prices lower for the consumer (Worth, 2008 p 8-12). The Fair Labor Standard Act requires employers to keep records of wages, hours, and other regulated items by the Department of Labor.Most of the information is generally obtained by employers in ordinary business practice and in compliance with other laws and regulations. Employees that are subject to the minimum wage provisions or both the minimum wage and overtime pay provisions must have employers keep the following records with personal information, including employee's name, home address, occupation, sex, and birth date if under 19 years of age, the hour and day when workweek begins and the total hours worked each workday and each workweek.These records also need to indicate the total daily or weekly straight-time earnings and the regular hourly pay rate for any week when overtime is worked and total overtime pay for the workweek. In addition to records for hours worked and paid the records also must include deduction s from or additions to wages, total wages paid each pay period and the date of payment and pay period covered. The Records required for exempt employees differ from those for nonexempt workers. Special information is required for employees that work from the home and for employees to where lodging is provided (http://www. ol. gov/dol/whd/regs/compliance/hrg. htm). The constitutionality of the â€Å"Fair Labor Standard Act† was unanimously supported by the Supreme Court it has been altered and amended on at least 43 occasions between 1938 and 2009. Those alterations and amendments have provided and clarified benefits to workers in various employment sections, and made increases to the minimum wage. As a hardworking American we have a right to be paid fairly for our work. It is unfortunate that many unscrupulous employers attempt to manipulate laws intended to protect workers in order to avoid paying just compensation.When this happens, employees can turn to the legal system to ensure that their rights are protected without being discriminated against or discharged for filing a complaint or participate in any proceeding under the Act. ? Repa, Barbara Kate. â€Å"Your Rights in the Workplace† Consolidated Printers Inc, July 2007 Steingold, Fred S. â€Å"The Employers Legal Handbook† â€Å"Manage you employees & workplace effectively†. Delta Printing Solutions, Inc, June 2009 The Bureau of National Affairs, Inc. â€Å"Equal Pay For Equal Work† BNAIncorporated, 1963 Worth, Richard â€Å"Open for Debate Workers’ Rights† Marshall Cavendish Corporation, 2008 â€Å"Fair Labor Standards Act of 1938. † Gale Encyclopedia of U. S. Economic History. 1999. Retrieved from Encyclopedia. com: http://www. encyclopedia. com/doc/1G2-3406400301. html Newman, Roger K. â€Å"Fair Labor Standards Act (1938). † Major Acts of Congress. 2004. Retrieved from Encyclopedia. com: http://www. encyclopedia. com/doc/1G2-3407400107. html LINDENMEYER, KRISTE. â€Å"National Child Labor Committee. † Encyclopedia of Children and Childhood in History and Society. 2004.Retrieved from Encyclopedia. com: http://www. encyclopedia. com/doc/1G2-3402800297. html Grossman, Jonathan. â€Å"Fair Labor Standards Act of 1938: Maximum Struggle for a Minimum Wage† www. dol. gov http://www. dol. gov/dol/topic/discrimination/agedisc. htm http://www. dol. gov/dol/oasam/programs/history/flsa1938. htm http://www. dol. gov/dol/whd/regs/compliance/hrg. htm http://www. u-s-history. com/pages/h1701. html â€Å"Equal Pay Act of 1963. † Major Acts of Congress. Ed. Brian K. Landsberg. Macmillan-Thomson Gale, 2004. eNotes. com. 2006. http://www. enotes. com/major-acts-congress/equal-pay-act

My Hobby- Kayaking Essay

Ladies and gentlemen, I have come here to talk to you about one of my hobbies, kayaking. A common misconception is that a kayak is the same as a canoe, but this is not the case. There are a number of differences between a kayak and a canoe, the main difference is that in a kayak, you are enclosed, unlike in a canoe, whose cockpit is much like a boat. Also, a kayak is normally for one person only and a canoe is for a number of people. Finally, in general, a canoe has only one paddle. While a kayak has two that are joined together with one shaft. The word kayak means â€Å"hunter’s boat†. The kayak was developed by cultures in the arctic of North America for hunting. To these people, the kayak meant survival. Without it they couldn’t get food. There wasn’t much time for recreation. To obtain food they used kayaks to hunt in extremely harsh conditions. Archaeologists have found evidence that indicates kayaks to be at least 4000 years old. Hunting in a kayak was very dangerous. Sometimes a wounded animal wound attack the kayak, and walrus and whales were especially dangerous when injured. Occasionally the harpoon line would tangle and damage the kayak. Because the escaping normally was so hazardous, these people became quite proficient in the â€Å"Eskimo Roll† (where if you get flipped upside down, this is called capsizing, you flip yourself up again instead of exiting the kayak). The reason for this is that in emergencies, exiting the kayak into the water was very perilous; the animal that they were trying to hunt could be even more dangerous if they were attacked while inside of the water. Rolls that are thought of as tricks now were based on actual survival techniques. The hunter may have been hurt by a wounded animal or have their hand tangled in the harpoon line, and therefore the Eskimo roll is essential to avoid drowning These paddlers used jackets made from waterproof skins and seal intestines. Today, these waterproofs are also used as well, they are called cagoules,  but they are fortunately made of fabric! I like kayaking because it gives you a sense of freedom. The fresh air and water can be very refreshing and relaxing. A great thing about kayaking is its great diversity. The number of things that you can do and the many ways that you can do it is overwhelming. You can go with as many or as little people as you want. You can go in almost any weather as long as you wrap up warm in colder circumstances. You can do tricks such as the Eskimo roll. You can race your friends and even play games such as bulldog. Finally you can go on long sightseeing tours. The scenery is frequently breathtaking, you can get close to wildlife such fish swimming and it is not uncommon to see the adorable sight of a duck and a line of chicks following its mother. There is a large sense of satisfaction when you get better or learn something new. Today, these hunters have replaced their kayaks with motorboats, but kayaking has become a very popular form of recreation in other parts of the world. Today’s kayaks are mainly made of plastic and wood. Their design runs from small white-water boats to 20 foot long touring kayaks that can carry several week’s provisions. The reasons we paddle may have changed, but the kayak remains a quiet, efficient and fun means of transportation whose design has stood the test of time. Thank you for listening

Views on plastic surgery essays

Views on plastic surgery essays A Sociological View on Cosmetic and Plastic Surgery The human desire to appear attractive is universal; its permeating throughout history and in all parts of the world. Both men and women have gone to great lengths to beautify themselves. Although the desire to be beautiful may well be universal, what is considered beautiful is not. Since beauty is in the eye of the beholder, it depends on ones culture and socialization. The progress in plastic surgery, like in most of the medical discoveries, moved glacially for hundreds of years. It was not until the nineteenth and twentieth centuries that the specialty forged ahead both scientifically and within the medical establishment in both Europe and the United States. Because of the awful injuries it often inflicted on its participants, war was the driving force behind most plastic surgery developments during the late 1800s and early 1900s. In fact it was the war that catapulted plastic surgery into a new and higher realm. Cosmetic plastic surgery is performed in order to change ones appearance. For some, it may mean redesigning the bodys contour and shape, the elimination of wrinkles, or eliminating balding areas. Others may choose varicose vein treatment or breast augmentation. There are a number of cosmetic surgery procedures that men and women can choose from in order to create an image that makes them feel more confident and comfortable with their appearance. Although health insurance rarely covers the cost of cosmetic procedures, the number of individuals deciding to undergo cosmetic plastic surgery continues to grow. The top three cosmetic surgeries for 1999 included liposuction, breast augmentation, and eyelid surgery. About 500,000 women had one or more of these surgeries in 1999. This is a 26 percent increase from 1998. Further, it is not just women who are opting to enhance their appearance through surgery. Statistics show t...

chapter 1 Essays

chapter 1 Essays chapter 1 Essay chapter 1 Essay CHAPTER I INTRODUCTION Siopao is one of the dish that the Filipinos adopted from the Chinese and it became very popular and a favourite among many Filipino. Siopao is also called Salapao in Thailand, Baozi in China, Pau in Hongkong, or simply known as Steamed buns in English. Siopao is one of the Filipinos favourite snacks or meals. It does not require utensils to eat and it can be consumed on the go. That is one of the reasons Siopao can easily found on the sidewalk at vendors or eatery. Siopao is a Filipino steamed bun with savory meat filling. It is a larger version of Chinese dumplings. Traditionally, the two kinds of siopao flavor are asado and bola-bola. Other kinds can be made, and the fillings for siopao are limitless. Asado siopao is made with pork or beef cooked in soy sauce and seasonings. Bola- bola siopao is made with pork and Chinese sausage, which are baked with egg and flour. The dough is made from rice flour. Asado is the most popular kind, and can be found in the Philippines at both street vendors and restaurants. The convenience of being able to eat this dish with one hand is part of its appeal. Asado siopao is made ith pork or beef cooked in soy sauce and seasonings. Want to get a price estimate for your Essay? Deadline Paper type Essay (Any Type) Admission Essay Annotated Bibliography Argumentative Essay Article Review Book/Movie Review Business Plan Case Study Coursework Creative Writing Critical Thinking Presentation or Speech Research Paper Research Proposal Term Paper Thesis Other Article (Any Type) Content (Any Type) Q&A Capstone Project Dissertation Lab Report Scholarship Essay Math Problem Statistic Project Research Summary Assignment Dissertation chapter Speech Dissertation chapter: Abstract Dissertation chapter: Introduction Dissertation chapter: Hypothesis Dissertation chapter: Literature Review Dissertation chapter: Methodology Dissertation chapter: Analysis/Results Dissertation chapter: Discussion Dissertation chapter: Conclusion Dissertation Proposal Thesis Statement Thesis Proposal Application Essay Pages 550 words(double spaced) 126 writers online Check Price A limited time offer! Get custom paper sample written according to your requirements urgent 3h delivery guaranteed Order now Chapter 1 Paper Storm and stress view G. Stanley Halls concept that adolescence is a turbulent time charged with conflict and mood swings. inventionist view The view that adolescence is a sociohistorical creation. Especially important in this view are the sociohistorical circumstances at the beginning of the twentieth century, a time when legislation was enacted that ensured the dependency of youth and made their move into the economic sphere more manageable. stereotype A generalization that reflects our impressions and beliefs about a broad group of people. All stereotypes refer to an image of what the typical member of a particular group is like. adolescent generalization gap Adelsons concept of generalizations about adolescents based on information about a limited, highly visible group of adolescents. contexts The settings in which development occurs. These settings are influenced by historical, economic, social and cultural factors. social policy A national governments course of action designed to influence the welfare of its citizens. generational inequality The unfair treatment of younger members of an aging society in which older adults pile up advantages by receiving inequitably large allocations of resources, such as Social Security and Medicare. development The pattern of change that begins at conception and continues through the life span. Most development involves growth,. although it also includes decay, (as in death and dying) biological processes Physical change in an individuals body. cognitive processes Changes in an individuals thinking and intelligence. socioemotional processes Changes in an individuals personality, emotions, relationships with other people and social contexts. prenatal period The time from conception to birth. infancy The developmental period that extends from birth to 18 or 24 months of age. early childhood The developmental period extending from the end of infancy to about 5 or 6 years of age; sometimes called the preschool years. middle and late childhood The developmental period extending from about 6 to about 10 or 11 years of age; sometimes called the elementary school years. adolescence The developmental period of transition from childhood to adulthood; it involves biological, cognitive, and socioemotional changes. early adolescence The developmental period that corresponds roughly to the middle school or junior high school years and includes most pubertal changes. late adolescence Approximately the latter half of the second decade of life. Career interests, dating and identity exploration are often more pronounced in late adolescence than in early adolescence. early adulthood The developmental period beginning in the late teens or early twenties and lasting through the thirties. middle adulthood The developmental period that is entered at about 35 or 45 years of age and exited at about 55 or 65 years of age. late adulthood The developmental period that lasts from about 60 to 70 years of age until death. emerging adulthood The developmental period occurring from approximately 18 to 25 years of age, this transitional period between adolescence and adulthood is characterized by experimentation and exploration. resilience Adapting positively and achieving successful outcomes in the face of significant risks and adverse circumstances. nature-nurture issue The issue involving the debate about whether development is primarily influenced by nature or nurture. Nature refers to an organisms biological inheritance, nurture to its environmental experiences. continuity-discontinuity issue The issue regarding whether development involves gradual, cumulative change (continuity) or distinct stages (discontinuity). early-later experience issue This issue focuses on the degree to which early experiences (especially early in childhood) or later experiences are the key determinants of development. theory An interrelated, coherent set of ideas that helps explain phenomena and make predictions. hypotheses Specific assertions and predictions that can be tested. psychoanalytical theories These are theories that describe development as primarily unconscious and heavily colored by emotion. Behavior is merely a surface characteristic and the symbolic workings of the mind have to be analyzed to understand behavior. Early experiences with parents are emphasized. Eriksons Theory Includes eight stages of human development. Each stage consists of a unique developmental task that confronts individuals with a crises that must be faced. Piagets Theory States that children actively construct their understanding of the world and go through four stages of cognitive development. Vygotskys Theory A sociocultural cognitive theory that emphasizes how culture and social interaction guide cognitive development. information processing theory Emphasizes that individuals manipulate information, monitor it, and strategize about it. Central to this approach are the processes of memory and thinking. social cognitive theory The view of psychologists who emphasize behavior, environment, and cognition as the key factors in development. Brofenbrenners Ecological Theory This theory focuses on the influence of five environmental systems: microsystem, mesosystem, exosystem, macrosystem, and chronosystem. eclectic theoretical orientation An orientation that does not follow any one theoretical approach but rather selects from each theory whatever is considered the best in it. laboratory A controlled setting in which many of the complex factors of the real world are removed. naturalistic observation Observing behavior in real world settings. standardized test A test with uniform procedures for administration and scoring. Many standardized tests allow a persons performance to be compared with the performance of other individuals. experience sampling method (ESM) Involves providing participants with electronic pagers and then beeping them at random times, at which point they are asked to report on various aspects of their lives. case study An in-depth look at a single individual. descriptive research Research the aims to observe and record behavior. correlational research Research whos goal is to describe the strength of the relationship between two or more events or characteristics. correlation coeffecient A number based on a statistical analysis that is used to describe the degree of association between two variables. experimental research Research that involves an experiment, a carefully regulated procedure in which one ore more of the factors believed to influence the behavior being studied are manipulated while all other factors are held constant. independent variable The factor that is manipulated in experimental research. dependent variable The factor that is measured in experimental research. cross-sectional research A research strategy in which individuals of different ages are compared at one time. longitudinal research A research strategy in which the same individuals are studied over a period of time, usually several years or more. gender bias A preconceived notion about the abilities of females and males that prevents individuals from pursuing their own interests and achieving their potential. ethnic gloss Using an ethnic label such as African American or Latino in a superficial way that portrays an ethnic group to be more homogeneous than it actually is.

Collection of Classic Christmas Poems

Collection of Classic Christmas Poems Classic Christmas poems are a joy to read during the holiday season. They offer a glimpse into how Christmas was celebrated in the decades and centuries of the past. It is likely true that some of these poems have shaped how we view and celebrate Christmas today. As you snuggle beneath the Christmas tree or before the fire, browse some of the poems gathered here for your holiday reading and reflection. They may inspire you to add new traditions to your celebration or even to take up your own pen or keyboard to compose your own verses. Christmas Poems from the 17th Century The traditions of the Christmas season in the 17th century combined the Christian celebration of the birth of Jesus with baptized versions of pagan solstice revelries. The Puritans tried to rein it in, even to the extent of banning Christmas. But the poems from these times tell of holly, ivy, the Yule log, mince pie, wassail, feasting, and merriment. William Shakespeare, Lines spoken after the ghost’s exit from Hamlet, Act 1, Scene 1 (1603)George Wither,â€Å"A Christmas Carol† (1622)Robert Herrick,â€Å"Ceremonies for Christmas† (1648)Henry Vaughan,â€Å"The True Christmas† (1678) Christmas Poems from the 18th Century This century saw political revolutions and the Industrial Revolution. From the bucolic list of gifts of fowl in The Twelve Days of Christmas, there is a transition to more somber issues of war and strife in Coleridges A Christmas Carol. Anonymous,â€Å"The Twelve Days of Christmas† (1780)Samuel Taylor Coleridge,â€Å"A Christmas Carol† (1799) Christmas Poems from the 19th Century St. Nicholas and Santa Claus became popular in the United States in the 19th Century and A Visit from St. Nicholas popularized the elements of nocturnal rounds of gift giving. The poem helped crystallize the image of a chubby Santa Claus with a sleigh and reindeer and arrival on the roof and down the chimney. But the century also has Longfellows lament about the Civil War and how the hope of peace can survive harsh reality. Meanwhile, Sir Walter Scott reflects on the holiday as celebrated by a baron in Scotland. Sir Walter Scott, â€Å"Christmas in the Olden Time† (from Marmion, 1808)Clement Clark Moore (attributed to him- but more probably written by Major Henry Livingston, Jr.),â€Å"A Visit from St. Nicholas† (first published in 1823, likely written in 1808)Emily Dickinson,â€Å"’Twas just this time last year I died† (#445)Henry Wadsworth Longfellow,â€Å"Christmas Bells† (1864)Christina Rossetti,â€Å"In the Bleak Midwinter† (1872)Robert Louis Stevenson,â€Å"Christmas at Sea† (1888) Christmas Poems of the Early 20th Century These poems are ones worth setting aside some time to muse over their meanings and lessons. Did the oxen kneel at the manger? Who gave the poet an unseen kiss under the mistletoe? What is the worth of a field of trees if not to be cut down for Christmas trees? What brought the Magi and other visitors to the manger? Christmas can be a time for contemplation. G.K. Chesterton,â€Å"A Christmas Carol† (1900)Sara Teasdale,â€Å"Christmas Carol† (1911)Walter de la Mare,â€Å"Mistletoe† (1913)Thomas Hardy,â€Å"The Oxen† (1915)William Butler Yeats,â€Å"The Magi† (1916)Robert Frost, â€Å"Christmas Trees† (1920)

Theories of the text- academic summary Essay Example | Topics and Well Written Essays - 1000 words

Theories of the text- academic summary - Essay Example The purpose of stilwell’s chapter on the importance of sound in cinematography and film is not to suggest that audio is more important than the visuals, but to explore why sound plays such an important part in the making of the film and to argue that more attention should be paid to the study of audio. Stilwell begins the analysis of sound by illustrating that sound is very different from light in many respects, although there is a temptation to separate sound (not just in film, but through life) into components like dialogue, effect and music. Stilwell argues that this may not be wise, as these are all intersecting aspects of the same audial landscape. Additionally, the dialogue may often overshadow interpretation of the music and effects, which can be taken on by specialists or often ignored altogether. Stilwell also argues that music and effects often play a more subliminal part for the audience than dialogue, but are integral to the experience of the film and thus should n ot be ignored academically. Stilwell then elaborates into the focus of the chapter: how subjectivity and gender are both part of the interpretation of the audio landscape. ... This idea is backed up by the nature of cinema, including the ‘ego-gratifying identification with the male hero and the libidinal spectacularisation of the female body’ (stilwell, 2005). Stilwell then goes on to argue about the types of sound that can be experienced in the cinematic landscape and how these have semi-formal relationships with gender. In freudian analyses, the male voice is dominant and the female voice is submissive. In this sense, the male voice can be equated to important dialogue (as expressed before, the most noticeable part of the soundscape) and the female voice can be equated to music or effects. The link can be moved further: sound is the ignored feminine and visuals are the dominant masculine part of the film (Stillwell 2005). This aspects makes subjectivity be viewed as a complex concept. The author points out that subjectivity has overlapping meanings. Subjectivity varies according to meanings and can be understood the associated cultural codin g. While female voice in films is associated subjectivity the females are expected to be submissive in many cultures including the western cultures. The author tries to point out that sound, especially hearing, is associated with irrational and emotional aspects. Sound is magnified by its subject, which is music. Music, emotions, and irrationality are highly associated with feminine inherent in culture. The alliance of music, irrationality, and emotion is woven into the psychoanalytic theory (Stillwell 2005). The same alliance has both positive and negative implications, specifically for the female subjectivity. These implications are further extended to

Poem Research Paper Example | Topics and Well Written Essays - 250 words

Poem - Research Paper Example And luckily comes to an end. Just like the rest of the poem, woman in this stanza also gains some relieve for her weeping (Bogan). This stanza is powerful because it salutes and congratulates the less fortunate ones. E.g., the older wife â€Å"who has been cured of feeling unwanted† and soon is at home and becomes jubilant for this (Bogan). In general, this stanza shows that human beings live in quiet desperation where there are wrenching emotions, mental patients, and bizarre behavior have come a happy ending. This is seen in the last line of this stanza where this woman is given possible chances to meet new person and home to live in. The woman discussed in this stanza can be summarized as a being and metaphorically petrified (Bogan). In conclusion, this whole poem is made of mutual bonds that are found in modernism. This bond is found in various different types of work that was produced alongside other modernism examples. I, therefore, conclude that this poem is an ironically moving

Impact of Fast Food Advertising on Childhood Obesity Research Proposal

Impact of Fast Food Advertising on Childhood Obesity - Research Proposal Example nd construction of modern transportation networks have boosted domestic and international trade, which not only created new business opportunities for entrepreneurs but also led to emergence of competition and disposable culture among general public. The life has, indeed, become a race and consumers today demand more disposable (Use, Throw and Forget notion) products so that they could adjust in this speedy external world. In a society where people do not find sufficient time to cook food for breakfast, lunch and dinner, there are greater opportunities for fast food businesses that bombard people with a large variety of junk food including burgers, pizzas, sandwiches etc. The inauguration of new franchised outlets by renowned fast food chains such as Burger King, KFC, McDonalds, Carl’s Jr., Pizza Hut and Dominos etc. coupled with entrance of new firms, is the open evidence that demand of fast food has increased considerably in last 2 decades. For instance, the international fa st food chains have also created demand through aggressive informative, persuasive and reminder advertising besides derived demand, for which credit goes to advertising agencies and media resources. Kaiser Family Foundation (2004) has mentioned the following, In short, it is justified to argue that almost 80-90% population including tweens (8 – 12 years), teenagers (12 – 16 years), young adults (16 – 24 years), adults (24 – 40 years), middle aged (40-55) has become addict to fast / junk food because they tend to visit such chains frequently. However, it should not be forgotten that doctors regard fast food quite detrimental and noxious for health of children because it causes obesity and overweight issues. This later affects psychological and mental well-being of children. The research will be conducted to study the increasing use of advertisements by fast food companies and its impact on a child’s purchase decision regarding junk food. The researcher will also identify the

Stats16 Essay Example | Topics and Well Written Essays - 1250 words

Stats16 - Essay Example Answer True False   Question 5    If other factors are held constant, then increasing the sample standard deviation will increase the likelihood of rejecting the null hypothesis. Answer True False   Question 6    If all other factors are held constant, increasing the sample size from n = 25 to n = 100 will increase the power of a statistical test. Answer True False   Question 7    By selecting a smaller alpha level, a researcher is ___. Answer a. attempting to make it easier to reject H 0 b. better able to detect a treatment effect c. reducing the risk of a Type I error d. All of the above.   Question 8    The critical boundaries for a hypothesis test are z = +1.96 and -1.96. If the z-score for the sample data is z = -1.90, then what is the correct statistical decision? Answer a. Fail to reject H 1. b. Fail to reject H 0. c. Reject H 1. d. Reject H 0.   Question 9    Increasing the alpha level (for example, from ? = .01 to ? = .05) ____. Answer a. increases the pr obability of a Type I error b. increases the size of the critical region c. increases the probability that the sample will fall into the critical region d. All of the above    Question 10    In a hypothesis test, an extreme z-score value, like z = +3 or z = +4, ____. Answer a. is probably in the critical region b. means that you should probably reject the null hypothesis c. ... concluded that a treatment has no effect when it really does d. concluded that a treatment has an effect when it really has no effect   Question 12    A Type I error means that a researcher has ____. Answer a. concluded that a treatment has an effect when it really does b. concluded that a treatment has no effect when it really has no effect c. concluded that a treatment has no effect when it really does d. concluded that a treatment has an effect when it really has no effect   Question 13    A researcher risks a Type I error ____. Answer a. anytime H 0 is rejected b. anytime H 1 is rejected c. anytime the decision is "fail to reject H 0" d. All of the other options are correct.    Question 14    A researcher conducts a hypothesis test to evaluate the effect of a treatment. The hypothesis test produces a z-score of z = ?2.60. Assuming that the researcher is using a two-tailed test, what is the correct statistical decision? Answer a. Reject the null hypothesis with ? = .05 but not with ? = .01. b. Reject the null hypothesis with either ? = .05 or ? = .01. c. Fail to reject the null hypothesis with either ? = .05 or ? = .01. d. cannot answer without additional information   Question 15    A researcher uses a hypothesis test to evaluate H 0 ? = 80. Which combination of factors is most likely to result in rejecting the null hypothesis? Answer a. M = 85 and ? = 10 b. M = 85 and ? = 20 c. M = 90 and ? = 10 d. M = 90 and ? = 20   Question 16    A researcher uses a hypothesis test to evaluate H 0 ? = 80. Which combination of factors is most likely to result in rejecting the null hypothesis? Answer a. M = 85 and n = 10 b. M = 85 and n = 20 c. M = 90 and n = 10 d. M = 90 and n = 20   Question 17    A researcher uses a hypothesis test to evaluate H 0 ?= 80. Which

Role of the Internet on literature Essay Example | Topics and Well Written Essays - 1000 words

Role of the Internet on literature - Essay Example n and the benefits that businesses derive from internet, this paper will argue on the positive role that internet plays in the lives of human beings in enhancing literacy. The UN convention on the Rights of the Child sets out that every child has a right to develop a full potential free from hunger and want, protection from harmful influences, abuse, and be allowed to have a full and harmonious development of his personality (UNHCR, 1997). These principles can become a reality only when the family and school together put in their best efforts in the guidance and protection of the child. Ignorance prompts children to commit cyber crimes and the best way to combat this is through the right education. According to Branigan (2000), technology and computer provide power equally to an adult or a child. If the children be taught the proper behavior of going online, the online crimes can be curbed. Children are taught not to go to someone else’s home and roam about but when it comes to the internet the perceptions are distorted. They have to be made conscious of the similarity. Children do not realize that hacking is a crime and they use the computer a s a weapon (Cybercitizenship, n.d.). The responsibility lies with the parents and the school authorities to insure that the children are taught not just to use technology but to use it productively and wisely. The same internet is used for education and also to download obscene material. The children should be made to understand that this is theft of intellectual property and need guidance at this stage. The only way that such crime rates can be lowered if not eliminated is to educate the children adequately on the consequences. In an organization managers report abuse of the internet by the employees, which leads to time wasted on non-work related email, online chat, online shopping, downloading of games, music, and software, and thereby making the system vulnerable to virus. The efforts of companies in implementing

Stats16 Essay Example | Topics and Well Written Essays - 1250 words

Stats16 - Essay Example Answer True False   Question 5    If other factors are held constant, then increasing the sample standard deviation will increase the likelihood of rejecting the null hypothesis. Answer True False   Question 6    If all other factors are held constant, increasing the sample size from n = 25 to n = 100 will increase the power of a statistical test. Answer True False   Question 7    By selecting a smaller alpha level, a researcher is ___. Answer a. attempting to make it easier to reject H 0 b. better able to detect a treatment effect c. reducing the risk of a Type I error d. All of the above.   Question 8    The critical boundaries for a hypothesis test are z = +1.96 and -1.96. If the z-score for the sample data is z = -1.90, then what is the correct statistical decision? Answer a. Fail to reject H 1. b. Fail to reject H 0. c. Reject H 1. d. Reject H 0.   Question 9    Increasing the alpha level (for example, from ? = .01 to ? = .05) ____. Answer a. increases the pr obability of a Type I error b. increases the size of the critical region c. increases the probability that the sample will fall into the critical region d. All of the above    Question 10    In a hypothesis test, an extreme z-score value, like z = +3 or z = +4, ____. Answer a. is probably in the critical region b. means that you should probably reject the null hypothesis c. ... concluded that a treatment has no effect when it really does d. concluded that a treatment has an effect when it really has no effect   Question 12    A Type I error means that a researcher has ____. Answer a. concluded that a treatment has an effect when it really does b. concluded that a treatment has no effect when it really has no effect c. concluded that a treatment has no effect when it really does d. concluded that a treatment has an effect when it really has no effect   Question 13    A researcher risks a Type I error ____. Answer a. anytime H 0 is rejected b. anytime H 1 is rejected c. anytime the decision is "fail to reject H 0" d. All of the other options are correct.    Question 14    A researcher conducts a hypothesis test to evaluate the effect of a treatment. The hypothesis test produces a z-score of z = ?2.60. Assuming that the researcher is using a two-tailed test, what is the correct statistical decision? Answer a. Reject the null hypothesis with ? = .05 but not with ? = .01. b. Reject the null hypothesis with either ? = .05 or ? = .01. c. Fail to reject the null hypothesis with either ? = .05 or ? = .01. d. cannot answer without additional information   Question 15    A researcher uses a hypothesis test to evaluate H 0 ? = 80. Which combination of factors is most likely to result in rejecting the null hypothesis? Answer a. M = 85 and ? = 10 b. M = 85 and ? = 20 c. M = 90 and ? = 10 d. M = 90 and ? = 20   Question 16    A researcher uses a hypothesis test to evaluate H 0 ? = 80. Which combination of factors is most likely to result in rejecting the null hypothesis? Answer a. M = 85 and n = 10 b. M = 85 and n = 20 c. M = 90 and n = 10 d. M = 90 and n = 20   Question 17    A researcher uses a hypothesis test to evaluate H 0 ?= 80. Which

Risk assessment Essay Example | Topics and Well Written Essays - 2750 words

Risk assessment - Essay Example A risk based approach has been adopted for the development of a system for managing health, safety, and environmental risks. The system has been developed by benchmarking the system against international standards such as the ISO 2001. The components of the system include general requirements, SHE policy, planning, implementation and operation, measurement analysis and improvement, and management review. This section includes resources, roles, responsibility and authority. Competence, training and awareness have been addressed. Documentation, control of documents, operational control, and emergency preparedness and response have also been included. Probabilistic Risk Assessment (PRA) is an analytical method used to protect health and safety. The goal of PRA is to develop a method to predict concerns before they manifest in terms of loss, injury, or fatality. The calculation of risk involves mathematical representation and building model. Risk is related to the concept of safety, danger, hazard, loss, injury, death, toxicity, or peril. Risk is defined as , where ci is the consequence, and pi is the probability. Risk is expressed in terms of , average loss of life expectancy, or fatalities per 100000 persons per year (Ragheb, 2009). HSE (2007) has outlined five steps for the assessment of risks in the workplace. These include the identification of hazards; decision on who might be harmed and how; evaluation of risks and decision on precautions; recording of findings and implementation; and review of assessment and update as necessary. Sustainability in manufacturing includes product sustainability assessment, product design for sustainability, lifecycle issues in product design and manufacture, and product manufacture for societal impact. Product design and manufacture for societal impact includes personnel health, operational safety, security of personnel and systems, and work ethics. Manufacturing process should include environmentally conscious

World Trade bombing Essay Example for Free

World Trade bombing Essay The battle against terrorism has been centered on the Middle East where top terrorist group Al Qaeda – perpetrators of the World Trade bombing – has been formed and operated under Osama Bin Laden’s leadership. Evidences such as videotapes of Al Qaeda members being trained in the camps as well as reading scriptures from the Quran have been seen by the public concluding a message that this a group acting in the name of religion, on behalf of Islam and of their God, Allah. Terrorist groups have risen out of different events in history where Muslims consistently suffered under the hands of their western conquerors. One of these events is the declaration of the Israeli state displacing a lot of Muslim Palestinians, thus, resulting into a full blown civil war which still occurs today. The alliance of the powerful United States with the Israeli Jews and the invasion of the said country to Afghanistan (Osama’s home country), and Iraq for oil purposes; urged a call for all Muslims to fight against the United States and its allies. Allah, the God of Islam, is seen as a god that does not tolerate injustice and seen as a leader who is the protector of the oppressed and punish non-believers. Seeing the damages that the war in Israel and in Afghanistan brought to the Muslim, Osama has taken the lead in calling for the Muslim people to uphold Allah’s laws and fight off the injustice deeds of the powerful conquerors. His message boxed the compass: kick out the foreign armies occupying Muslim lands, defend the pure poor from the corrupt rich, upend the high and mighty, inspire youth by one’s own selflessness†¦His effrontery against the odds acted as a powerful magnet. (Randal, 2005, p. 46) By carrying out the trait of Allah as the warrior of the oppressed people, the message of Osama and the success of the bombings in Lebanon strengthen the aim to form terrorist factions in order to spread Islam and abolish all kinds of religions. Martyrdom The goal of fighting off non-Islamic factions has instilled an image of a ruthless oppressor due to the Muslims’ experience under the hands of western groups that has a completely different belief from them. As terrorist groups have been established, members are always being reminded about their purpose through indoctrination. Leaders of the group would often read the scriptures from the Quran, retells the heroic acts of the Islamic wars; and most importantly if they are to prepare for a suicide mission, the leaders reminds them Allah’s will of self-sacrifice and the rewards that awaits them in paradise after death (Bongar, Brown, Beutler, Bongar, Zimbardo, 2007, p. 110). Martyrdom is not a duty to be followed, it is embraced by the members wholeheartedly and waiting for it with anticipation. The act of a suicide attack is a manifestation of the martyrdom. For the Muslim terrorists, achieving martyrdom by means of suicide is a way of cleansing the sins and a form of reward. Mortal life is a life encompassed with sin. From the Christian perspective, people are destined to either go to heaven or to hell depending on the sins that have been committed and repented during his or her mortal life. On the other hand, the Islam teaches that through martyrdom, a sinner can redeem himself or herself from the sins that have been done. Participating in a suicide mission is a method to reach self-purification and to be clean from all the sins which will make an individual worthy of the eternal paradise (Pedahzur, 2005, p. 37). Aside from the promise of self-redemption, martyrdom is also use to pose as a reward not just the after-life paradise with Allah but also for family members of the terrorist. One such reward can include a change in the family’s social status (Pedahzur, p.37) where a terrorist coming from the lowest class will be granted a heroic honor for his or her death thus, earning social acceptance and a higher lifestyle from the accumulated financial or material compensation. The family of a martyr terrorist is given a â€Å"certificate of martyrdom† which they can show to avail of privileges in buying food, clothing, and gaining access to social events (Reuter Ragg-Kirkby, 2004, p. 45). Martyrdom is encompassed by the Islamic belief system of ‘jihad’ where the very word has been defined as ‘struggle’ (Habeck, 2006, p. 4). This definition within the context of martyrdom can be said that by means of suicide, to momentarily struggle the pain of inflicting pain or death to the physical body is the path towards eternal happiness. It is a motivation to conclude someone’s life which serves a purpose for the greater good of the Muslim people and for bringing Islam to the top of political power. The Other Purpose of Suicide Terrorism Aside from the strong ideology provided by religion, terrorist groups opted to perform suicide attacks because of practical reasons. Suicide Terrorism has basically became a trend in the new millennium when it comes to attacking opponents. Bruce Hoffman (who specialized in terrorism research stated that suicide attacks are low cost, effective, and cause public attraction (cited in Purpura, 2007, p. 56). Since most of the terrorist factions came from the poverty-stricken countries, if an organization is not supported by an independent financer, suicide attack is a priority to use. Most of the bombs that are attached to the suicide bomber are custom made out of inexpensive materials and to perform a suicide attack, it takes little training since the bomber mixed anonymously with the ordinary citizens (Nikonov, 2007, p.30). Another important aspect of the reference in using suicide attacks, it is because due to the fact that it cost little money and training but it guarantee media coverage (Purpura, p. 56). To be publicized is an essential part so that the group can relay its message to the enemies and at the same time to gain recognition. Recognition in a sense that, when a group member committed a suicide attack it legitimizes the group. The death of a member contributes to the sense of legitimacy and dramatic community investment in a cause. The message is that there is no going back. Some groups engage in glorification of the act, deliberately hyping a â€Å"culture of martyrdom† lionizing the attacker. This celebrity can be powerfully attractive to potential recruits, and with the suicide often comes greater general attention as well to the motivation for the act. (Linden, 2003, p. 83) Lastly perhaps the most important practical usage of suicide attack is that upon the death of the bomber, it is already a clean break. Just like Hoffman stated that there is no need for an escape plan (Purpura, p. 56) and the information with regards to the terrorist organization is left as a mystery. Impact of Suicide Attack to Society Since most of the suicide attackers are left unknown, some researchers have estimated profile of suicide bomber. This includes recruits which have an age range from 16-23 years old comprised of mostly single male while female attackers only made up of a small number; and normally members come from different social classes, with the educated leading the faction (Bongar, et al. , p. 106). It is a pattern that those who have attained education are the ones who organized the group into trainings and launching terrorist activities. From the preceding discussion, the well-publicized feedback that the suicide terrorism receives entails to induce fear not just to its specific targets but to the whole sector of the community. Unlike the conventional wars of the past, the soldiers are the ones who are assured of being killed but for suicide terrorism, it encapsulates the whole society in danger. The unknown identity of the attackers and the massive casualties it caused make people revel into a never ending insecurity. The trust within the structure of the society disappears as anyone can be the victim and anyone can be the suspect. According to Christopher Reuter and Helena Ragg-Kirkby (2004): Suicide attacks affect us profoundly and powerfully. They remind us that there are people who consider their struggle – whatever the cause – to be more important than their own lives. They annihilate the entire logic of power, since no credible threat can be made against someone who has no desire to survive. (p. 2) This form of terrorism of leaves the society in paralyzed fear with no direction of counter measures to fight against it. It is likened to a battle where one is fully armed however; darkness blinded the vision to properly defeat it. Suicide terrorism does not choose its victims any longer. The main concern refers to how huge it inflicts damage and to convey its power by materializing fear in the form of bloodshed. Perhaps this is the biggest challenge that the modern generation may have encounter, the unknown face of terror is one hard to beat. References Battin, M. P. (2005). Ending Life. New York: Oxford University Press. Bongar, B. M. , Bongar, B. , Brown, L. M. , Beutler, L. E. , Zimbardo, P. G. (2007). Psychology of Terrorism. New York: Oxford University Press.

Successful Maybank Strategy In Market Marketing Essay

Successful Maybank Strategy In Market Marketing Essay Strategy is a high level plan of an organization to achieve their goals which means that it shows what the organization wants to achieve and how the organization achieve their goals. In other word, strategy is a comprehensive plan that sets long term direction and guides resources allocation to accomplish an organizations objectives. (LoPresti, 2009) Strategy involve the purpose of the organization, the goals and objectives of the organization and the plans and methods to achieve the organizations goals and objectives which we normally knows as vision, mission, objective, and tactics.(Anon) Vision and Mission Vision can be define as what the organization wants to be. Furthermore, it is a long term view which concentrates on the future. Mission explains why the business exists, and how it achieve its vision. In additional, mission supposed to be easily to understand by their staff, and customers. Defining organizations vision and mission can leading to its success. In additional, most of the successful and profitable companies are proudly to display and live theirs. (MCEACHRAN, 2011) Objective Objective is the heart of a business. It give a clear indication of where the business is heading and what it is striving to achieve. (Pierrepont, 2012) In other words, objectives monitor the progress and keep the company focus on goals. The objective of organization should be measurable, realistic and achievable based on the actual capabilities of the business. Besides that, objective should contain a specific time deadline and refer to a specific outcome to be effective. (E.Hamilton, 2001) Tactic Tactic is the planned and ad hoc activities meant to deal with the demands of the moment, and to move from one milestone to other in pursuit of the overall goal(s) (WebFinance, Inc., 2013) In other words, tactic is something the organization willing to change to meet the local conditions. This means that tactics is a short term method which set by line management and taken to accomplish strategy. (Riley, 2012) Strategy is seemed like a managements game plan which to running the business by strengthening the firms competitive position, satisfying the customers and achieving performance targets. Besides that, Strategy is also about to satisfying the needs of stakeholders, to blending of internal resources and the direction in which the organization is going. With the existence of strategy, the organization can determine the basic long term goals and the objective of the organization. Besides that, the organization also can determine the method or action to allocation of resources necessary to achieve the goals. Strategy is concerned with deciding what business an organization should be in, where it wants to be and how it is going to get there. (Riley, 2012) 4.0 The Successful of Maybank Strategy in Market The pressure on banks in this region is tremendous. To attract consumers requires more than just innovative products. Products can be copied, and pricing can be reduced by aggressive competitors. We must also look at the timing and the way we communicate with our customers. Building a valued relationship by identifying and understanding their needs is the best way to attract and retain customers. (Teradata, 2011) said by Mohd. Fadzil Bin Ismail, the head of Customer Relationship Management for Maybank. Maybank executives realize that the banking syatem nowadays had become a relationship-driven business in worldwide. Essentially, banking product are viewed as commodities, and the price can be reduced by aggressive competitors. However, the relationship between the bank and its customer can act as a key to success. Thus, Maybank had shifted its competitive strategy from concentrating on the product selling to focus on building the customer relationships. The goal of Maybank was to increase their understanding of customer and improve each customers experience during the interactions with Maybank, and thereby increasing the customers retention, loyalty and profitability. To achieve this goal, Maybank had launched a new Analytical Customer Relationship Management (aCRM) project in 2007. The goal of Analytical Customer Relationship Management was to help Maybank to better understanding their customers by communicating with them at the right time and using the right channel. Customer Relationships Management (CRM) is treated as a core function. We have invested in an Analytical Customer Relationship Management (aCRM) system which enables us to go beyond meeting customers current expectations, allowing us to anticipate their future needs in a proactive manner (Maybank, 2012) The Analytical Customer Relationship Management has driving their business growth and increasing the customer satisfaction. With this strategy, Maybank had increased the marketing campaign success rate by ten times. Lead generation times were slashed from weeks to hours, new campaign time to market was cut from weeks to days, and the average conversion rate jumped from a low of 0.3% to an average of 8% and a high of 30%. From the commencement of the project in August 2007 until late 2009, Maybank gained RM 3.0 billion (USD 961 million) in new sales (Maybank, 2010) In July 2010, Maybank has reframed its vision and mission to accelerate its transformation journey. The new vision of Maybank is to become a leading regional financial services provider by 2015 while and the new mission is to humanise the financial services from the heart of Asean. (Ang, 2010) To achieve this goal, the ability to offer a superior value proposition to customers is necessary and this is not a small challenge especially in the hyper competitive banking market. 6.0 Solutions In recent years, Maybank make strategic changes designed to enhance the consumer experience to improve their relationship with customers. Thus, Maybank had introduced a lot of product which designed to enhance the financial well-being of its customers. Electronic Bill Presentment and Payment (EBPP) programme A process that automate the generation of bills to third parties such as customers or business, and thhereby providing a comprehensive bill payment service to customers. (Maybank, 2011) Foreign Currency Mudharabah-i (FCM-i) account The first short-term Islamic foreign currency term deposit account in Malaysia which based on the principle of Mudharabah (the concept of profit sharing between bank and its customer).

Abortion - Unwanted Pregnancies = Abused Children Essay -- Argumentati

Unwanted Pregnancies = Abused Children   Ã‚  Ã‚   Who can resist the invitation to abort an unwanted pregnancy for the child's sake primarily, and not just the "health" of the mother? Let's examine this frequently voiced contention: that aborting unwanted pregnancies is beneficial because they would later lead to abused children. And everyone, of course, is opposed to the maltreatment of kids.    The landmark study on this was done at the University of Southern California. Professor Edward Lenoski studied 674 consecutive battered children who were brought to the in- and out-patient departments of that medical center. He was the first to go to the parents and study to what extent they wanted and planned the pregnancy. To his surprise, he found that 91% were planned and wanted, compared to 63% for the control groups nationally. Further, the mothers had began wearing, on the average, pregnancy clothes at 114 days compared to 171 days in the control, and the fathers named the boys after themselves 24% of the time compared to 4% for the control groups. (Lenoski) Both parents (or... Abortion - Unwanted Pregnancies = Abused Children Essay -- Argumentati Unwanted Pregnancies = Abused Children   Ã‚  Ã‚   Who can resist the invitation to abort an unwanted pregnancy for the child's sake primarily, and not just the "health" of the mother? Let's examine this frequently voiced contention: that aborting unwanted pregnancies is beneficial because they would later lead to abused children. And everyone, of course, is opposed to the maltreatment of kids.    The landmark study on this was done at the University of Southern California. Professor Edward Lenoski studied 674 consecutive battered children who were brought to the in- and out-patient departments of that medical center. He was the first to go to the parents and study to what extent they wanted and planned the pregnancy. To his surprise, he found that 91% were planned and wanted, compared to 63% for the control groups nationally. Further, the mothers had began wearing, on the average, pregnancy clothes at 114 days compared to 171 days in the control, and the fathers named the boys after themselves 24% of the time compared to 4% for the control groups. (Lenoski) Both parents (or...

New Business Plan for a Gas Station Start Up

The customer need that will be satisfied is that my gas station will have gasoline, diesel, and a service station to get the repairs or inspections they will need to have. There will be a free air pump, so they can have the option of filling up their tires. I will also have coffee, snacks and different beverages the customer can purchase as well, so they can also fuel up their bodies as well for the ride they are going to make.The product will be unique by my station having a self service, but also a full service section for customers at no extra cost, but if the customer is getting 5 gallons or less than there will be a slight increase on the price per gallon. I will have two self service gasoline pumps; two full service gasoline pumps that are double sided so that’s make 8 pumps for gasoline. I will have one diesel pump, which the one side will be self service and the other side will be full service.The full service section will have a line on the ground that when they ride over it a bell will ring and the employee will know there is someone waiting to get full service. Along with the full service I will have the employee offer them if they would like their windows to be cleaned, their oil to be checked, and if they would like a beverage or a snack while they are waiting for their fuel. I will also make sure that the pavement is cleaned every day. There will be a canopy to cover the fuel pumps and will make sure there is proper lighting and have some calming music playing while the customer waits.I will have a great color scheme to my gas station to make it stand out. There will be neon lights that will trim the canopy and pumps, so at night it will make it more appealing to the customer and hopefully will draw them in. I will also offer a card that can be scanned at the pump when they pull up that will have a record of their purchases and for every $100. 00 they have spent, not including the service station, I will offer them $. 10 off a gallon. This offer can be accumulated over a month, so depending on how much they spend they can accumulate up to getting $. 0 off a gallon. Though, this offer is only valid for the month pertaining to the purchases they made, so if they do not use the discount then the next month it will be erased and will start over again. The customers that will be coming to my gas station are ones with gasoline, diesel, or even hybrid cars and motorcycles that need to be taken care of. There will even be landscaping and other similar customers coming to filling up their small engines. I will also have customers that will be coming for the service station to get repairs or inspections done to their cars.I will not be able to service 18-wheelers though, but they can still get their diesel. I will also not be able to have a mechanic for motorcycles unless he/she has the proper training along with their automotive training. Their profiles are people who range from the lower upper-class to the middle upper-class. There will be both male and female’s who are coming to the station with their ages being from 18 and up. They’ll be high school and college students along with people who are working and even people who aren’t working that just are getting gas for whatever they are putting the fuel in. In the town my gas station resides, the population is %54. 4 African Americans, %29. 6 Caucasian, %8. 7 Asian American, %4. 3 Hispanic, %2. 4 with two or more races, %0. 2 native Hawaiian and other Pacific islanders, %0. 2 other race, and %0. 1 American Indian, which is a total of 2668 thousand residents† (Advameg, Inc, 2011) These people will be living in the area of my gas station or in the surrounding area of East Lansdowne, PA. They may work in the area at the local stores that surround my gas station. They may work in center city or in the west/south west Philadelphia region.The customer may also work out towards the Springfield mall up Baltimore avenue I may also get people who are going to the gym or going out for the day or night to have a day of fun on the weekend or a day off from their jobs. The customer wants a gas station that will allow them to be in and out as quick as possible so they can continue on with where they are going to go. The customers’ needs are that they feel that this is a place that will take care of them and will treat them with the most upstanding customer service so they will keep on coming back.With the amenities I will provide I will hopefully be going above and beyond their expectations of the service they would receive at another gas station. The customer may need to use the service station, and they’re vehicle will be treated with the proper care it deserves. The Exxon station, located at the corner of Baltimore Avenue and Church lane in East Lansdowne, PA. The Giant supermarket that has a gas station that’s located right by Baltimore avenue and Union avenue in east Lansdowne, PA. The Exxon s tation’s strengths are that they sell cigarettes and have the lottery.They also have a convenience store that you can go inside with an ATM machine in it. Their weaknesses are that there is only one employee that works there. They have an air pump and vacuum section that you have to pay for. They do not have a full service option, nor do they have a service station to work on vehicles or a diesel fuel pump. It also isn’t a very clean or well maintained place. The Giant supermarket’s strengths are that they have the same option of accumulating points from purchases made inside of their supermarket.They also have an entire supermarket that their customers can do their shopping and then head over to the gas pump after with a free air pump as well. Their weaknesses are that in order to get the discount on the gas you have to buy products from their supermarket, whereas at my station the gas is included in the point system. They also do not offer a full service optio n even though there is a gas attendant there to supervise the gas station section. Their other weakness is that the gas station is in the very back of the property so some customer’s may only think there is just the supermarket.They also do not have a service station for repairs, nor do they carry diesel fuel. They Exxon station might try to add a full service feature, but that would be hard with only one attendant there working inside the convenience store. They may to try and make their air pump free for customers. They may also try to add a diesel pump. The Giant supermarket has a little more trouble trying to do a lot of changes because it’s a big company so they’d have to get the OK from the higher ups, but they may also try to add a full service option along with adding the diesel option.I feel neither of them would be able to match the service station part because Exxon has limited room and the Giant probably doesn’t have any intentions of adding t hat because their main focus is the supermarket with the gas being a side thing. â€Å"Sunoco is committed to sustainable business practices. Sunoco adopts business strategies and activities that meet the needs of the business and its stakeholders today while protecting, sustaining and enhancing the human and natural resources that will be needed in the future. † (Sunoco, Inc. 2013) â€Å"A promoter of clean energy alternatives, BJ’s Wholesale Club strives to implement environmentally conscious business practices when possible. BJ’s Wholesale promotes energy efficient methods of harvesting electricity, and many BJ’s stores use solar panels to harvest energy. BJ’s stores also participate in local recycling and waste management programs†¦. Primarily operating from large warehouse-style retail locations, BJ’s Wholesale Club offers club members a wide range of products and services. BJ’s sells everything from food and clothing to ga soline and home office supplies. BJ’s also operates an online store. (BJ's Wholesale Club, Inc, 2013) I plan on being an independent gas station and plan on getting my gas and diesel from the Sunoco/Carlyle Group, which is located at 3144 W Passyunk Ave, Philadelphia, PA. I plan on buying my coffee and snacks from BJ’s, which is located at 1260 E. Woodland Ave. Springfield, PA 19064. I do not want to have a franchise with Sunoco, so it will be considered an â€Å"unbranded fuel†. (Sunoco, Inc. , 2013) I expect the relationship with Sunoco/Carlyle Group to be one that I can have a regular set date or dates that they will come and top off what fuels I need.With BJ’s I just expect to pay their â€Å"BJ’s Business yearly payment of $50 to get the items I need, and with the business card I am able to have my items be tax-exempt and have them available for resale. † (BJ's Wholesale Club, Inc. , 2013) The location cost for the property I plan to bu y is $600,000 as is and it’s because it is a closed down gas station. (County of Delaware, 2013) The legalities to having a gas station is that there have to be yearly inspections done by the state to make sure everything is ok.They check the soil for contamination and check to make sure the underground tanks are at the right depth. The state inspectors make sure that each pump is properly working and up to date with the correct parts. â€Å"The ‘U. S. Environmental Protection Agency’ that the pumps are only pumping 10 gallons per minute. † (U. S. ENVIRONMENTAL PROTECTION AGENCY, 1997) They also make sure that all my licenses are up to date and make sure that we are operating under the proper protocols provided by the state. I would want to own and refurbish a facility.There is one at 401 East Baltimore Avenue that has exactly what I am looking for. It was recently a Sunoco station, but all the Sunoco signs and words have been taken down so it looks like a blank slate. It has a three car garage with the lifts still in it and an air pump already in place. The only thing I would have to add is the diesel pump to the facility and to have the underground tank for the diesel to be placed in. I would have to have someone come out and make sure that the pumps work and have someone come in and check out the lifts in the garage to make sure they are up to par as well.I will purchase any necessary parts that the maintenance guys found wrong with the pumps and the lifts in the service station. I will have to purchase the line that runs on the ground for the full service section of the gas station to let the employee know the customer is there. I will also have to invest in the tools required for the service station so that the employees have the proper equipment needed to work on the vehicle. I need to have the signs and all the proper naming of my gas station placed on the property along with the neon lighting. I will purchase the speakers tha t will be playing the calming music for the customers.I will have to get the proper licensing from the state to be able to give inspections to vehicles. I will be open 7 days a week from 5am until 11pm, but the service station will only be open from 8am until 8 pm. I will need to have an employee who is in charge of the cash register and assigning the gas to the right pump. I will need to have a mechanic that will take care of the service station. I will need to hire an employee that can take care of the full service part of the gas station. I will have at least 2 to 3 cashiers that will be able to work part-time shifts.I will need to have at least 2 to 3 mechanics that will be able to work part-time or full-time shifts, but only will need one mechanic available during each shift. If there are days that the service station is overloaded with cars I may need to call in one of the other mechanics to come in and help out. I will need at least 2 to 3 part-time employees that will need t o be in charge of the full service section, but will only need one employee at a time during the shift. I will also be at the gas station from time to time to make sure things are the way they are supposed to be.The cashier person will need to be able to work the cashier and be able to set the right amount of gas to the right pump for the customer with the proper customer service skill to keep the customer happy. The cashier will also have to differentiate whether the person is at the self service or the full service station to make the right adjustments in prices and know about the 5 gallon or less rule. The mechanics will have to give me a proper resume or some sort of certification that they are real mechanics and are able to work on different brand vehicles.The mechanic should be responsible for removing, installing, diagnosing, repairing, disassembling and assembling parts, components and engines while performing all duties according to safety procedures. (Salary. com, 2013) Th e mechanics should know how to properly approach the customer and kindly ask them what it is they need. The employee in charge of the full service station is going to need to be properly dressed in a uniform; while wearing a new pair of gloves for every customer they service.The full service employee will also need to know how to clean the windows properly and be able to check to make sure the oil level is correct in the car if they are asked to check for that. The full service employee will also need to have the best customer service skills to keep the customer pleased and will need to be able to communicate with the cashier on what their total will be when they are asking if they can get the customer a beverage or a snack while the customer waits to be fueled up. The cost of the cashier position per hour will be $8. 00 an hour with the potential to gain a raise every 6 months. (Salary. om, 2013) The mechanics will be working for $18. 00 an hour and also have the potential to get a raise every 6 months and/or if they show they work at a fast rate with quality work being done. (Salary. com, 2013) The full service employee will receive $8. 00 an hour with the potential to gain a raise every 6 months and/or if they show fast, quality customer service. (Salary. com, 2013) At the end of the year, excluding leap years, I would potentially be paying my cashiers’ and full service employees’ $52,560 (gross pay). At the end of the year, excluding leap years, I would potentially be paying my mechanics’ $78,840 (gross pay).Works Cited Advameg, Inc. (2011). East Lansdowne, Pennsylvania. Retrieved from city-data. com: http://www. city-data. com/city/East-Lansdowne-Pennsylvania. html BJ's Wholesale Club, Inc. (2013). About Us. Retrieved from bjs. com: http://www. bjs. com/about-us. content. about. A BJ's Wholesale Club, Inc. (2013). Membership Options/Join. Retrieved from bjs. com: http://www. bjs. com/info. aboutmembership. options County of Delaware. (2013). Delaware County Real Estate Parcels & Tax Records System. Retrieved from w01. co. delaware. pa. us: http://w01. co. delaware. pa. us/publicaccess. asp? unicipality=00&realdistaddress=Submit&HNumber=&Street=a&Folio=&Map=&UAYN=Y Salary. com. (2013). Automotive Mechanic. Retrieved from Salary. com: http://swz. salary. com/salarywizard/Automotive-Mechanic-II-Hourly-Salary-Details. aspx Salary. com. (2013). Cashier. Retrieved from Salary. com: http://swz. salary. com/SalaryWizard/Retail-Cashier-Full-Time-Hourly-Salary-Details. aspx Salary. com. (2013). Job Details . Retrieved from Salary. com: http://swz. salary. com/salarywizard/Automotive-Mechanic-II-Job-Description. aspx Salary. com. (2013). Service Station Attendant.Retrieved from Salary. com: http://swz. salary. com/salarywizard/Service-Station-Attendant-Hourly-Salary-Details. aspx Sunoco, Inc. (2013). Corporate Responsibility. Retrieved from hesreport. sunocoinc. com: http://hesreport. sunocoinc. com/fw/main/Home-1192. html Sunoco, Inc. (2013). Wholesale Marketing. Retrieved from sunocoinc. com: https://www. sunocoinc. com/retail/wholesale-marketing/index U. S. ENVIRONMENTAL PROTECTION AGENCY. (1997, 09 24). the EPA 10 gallon per minuter fuel dispensing limit. Retrieved from epa. gov: http://www. epa. gov/oms/regs/ld-hwy/evap/spitback. txt

Executive Remuneration Analysis of Vodafone

Executive Remuneration Analysis of Vodafone 1. Introduction Executive remuneration is the compensation which company rewards for the executive directors. Since the early 1980s, executive payment increase rapidly. The unjustified increasing of executive remuneration pushes the reform of remuneration policy. The Cadbury code mentioned this problem in the Code of Practice in 1995. Cadbury gives some suggestions to companies about the executive remuneration policy.According to his suggestions, companies should dividend total payment into the basic salary and performance-based bonus, and the remuneration report should publish in the annual reporting every year [1]. In additional, UK government provides the vote right for shareholders to supervise the company’s executive remuneration, it also can force executive directors taking investors’ interest into account when they design the company strategy [2]. The analysis of big companies’ remuneration policy is more emphasi ze by investors and government, especially after the 2008 financial crisis.Investors are paying more attention to whether the executives deserve the high reward. Therefore, the analysis of executive remuneration is more necessary and valuable. Companies in FTSE 100 have the highest market capitalization in UK, and it means the analysis of FTSE 100 companies is most valuable. Vodafone Group, as one of the biggest company in the FTSE 100 companies, has business in almost 70 countries. And the market capitalization is nearly ? 90bn [3]. Last year, Vittorio Calao, the CEO? of Vodafone received around ? 0m for remuneration in fiscal year 2012, which is one of the highest remuneration in the FTSE 100 [4]. Although the executive rewards are higher than others in the FTSE 100, there still are 96. 12% shareholders voting in favour with the Vodafone’s remuneration policy [5]. This raises the question that why there are a huge amount of shareholders convincingly supports their highest r emuneration. This essay analyses the executive remuneration for Vodafone Group. Firstly, it will talk about the remuneration principle. Then the Remuneration Committee will be discussed.This part aims to measure whether the Remuneration Committee according to the UK Corporate Governance Code. The third part will explain the remuneration package of Vodafone Group, both base salary and various bonuses are included. At last, the essay will discuss the rationality of Vodafone’s executive remuneration from the perspectives of remuneration policy itself and the comparison with other companies. 2. Remuneration principle The aim of Vodafone’s executive remuneration is driving executives to achieve the company’s long-term strategic goals by offering an attractive and competitive reward [6].Vodafone wishes to make sure that their executive directors keeping in the highest level in work by providing an attractive payment. For example, a part of rewards are measured by the performance for this year. Therefore, executive directors were given an opportunity to achieve the truly exceptional performance. The remuneration package is determined by Remuneration Committee after Comprehensive consideration. The Remuneration Committee will choose some relevant group of comparators when setting total reward. It makes sure that the executive remuneration policies are considered on a total compensation basis.The comparators are choosing from some basic considerations, which are as follows: 1) top European companies, 2) top UK companies, 3) particularly for scarce skills, and 4) the relevant market in question [6]. These comparators mean that Europe is the major region for business for Vodafone, and the company is original from UK. According to above three principles, the external comparators are consisting by similar size companies, and the European top 25 companies and a few other select companies relevant to the sector.Additionally, the external comparator group do not including the financial companies, such as bank and insurance company. Another important Remuneration principle is that the rewards will related to the performance both long-term and short-term. According to the Annual Report of 2012, performance-based reward account for 70% in the whole remuneration package [6]. Vodafone build a link between executive directors and shareholders by this way, in order to force executive directors think about shareholders’ interest. 3. Remuneration CommitteeAccording to the UK Corporate Governance Code, the Remuneration Committee must include at least three independent non-executive directors [7]. The Remuneration Committee of Vodafone is consisting by independent non-executive directors and running independently in the company. The chairman of Remuneration Committee is Luc Vandevelde, and there are another five members in the Remuneration Committee. All of them are the non-executive directors in company. There also are two external adv isors: PricewaterhouseCoopers LLP (‘pwc’) and Towers Watson.Pwc is responsible for performance analysis and giving suggestions about company strategy and measuring the performance. It also supports the international business of Vodafone, such as tax, finance, compliance and operations. Another external advisor Towers Watson provides the market data of executive payment to Remuneration Committee. They also manage the pensions and benefit for Vodafone [6]. There are a lot of factors need to be considered by Remuneration Committee when deciding the payment package. Firstly, Remuneration Committee consults the CEO and HR directors’ opinion of the appropriate reward package for executives.Secondly, the external advisors give the Committee another perspective form the external information analysis. They can provide the benchmark of directors’ reward about other similar company on the market. Additionally, Committee also take the company’s strategy into ac count, both long-term and short-term are important. In fiscal year 2012, Remuneration Committee had five meetings to discuss the Short-Term Incentive bonus, Long-Term Incentive plan and basic salary in order to determine the total remuneration packages of the executive directors appropriately [6].Remuneration Committee particularly report four chief executive directors in the Directors’ Remuneration Report, including Chief Executive Vittotio Colao, Chief Financial Officer Andy Halford, Chief Technology Officer Stephen Pusey and Regional CEO Europe Michel Combes, and the reporting also include the reward of non-executive directors. 4. Remuneration package The Vodafone remuneration package is divided into five parts: base salary, Global Short-Term Incentive Plan (‘GSTIP’), Global Long-Term Incentive Plan (‘GLTI’) base awards, Global Long-Term Incentive Plan (‘GLTI’) co-investment matching awards and benefit [6].These parts reflect the remu neration policy of Vodafone which make the executives holing a lot of company shares to align the interest of executive directors and investors. It also obeys the UK Corporate Governance Code that keeping the reward in a level which is attractive and motivate to the directors, and designing the performance- related income based on long-term strategy. Base salary aims to attract and retain the best talents. It reflects the directors’ level of skill, experience and the responsibility in Vodafone. In fiscal year 2012, Committee decided the base salary stay at the same level with 2011[6].Global (‘GSTIP’) measure the performance in this financial year with the short- term financial and non- financial target, and the GSTIP is paid in cash in June 2013. The related performance is service revenue (25%), EBITDA (25%), adjusted free cash flow (20%) and competitive performance assessment (30%). This bonus can flow from 0-200% of base salary, and it reward 93. 4% of target f or financial year 2012[6]. Global Long-Term Incentive Plan (‘GLTI’) is consist of performance shares which award every year and vest three years later to force directors on the Vodafone’s long-term strategy.The vesting of performance shares is determined by the adjusted free cash flow and relative TSR performance. Both operational performance and external performance are included in the two measures in GLTI. The target GLTI face value of CEO is 137. 5% for basic salary, and 110% for other directors. In this year, executive directors was rewarded the vesting the shares of 2008 fiscal year at 30. 6% of maximum [6]. Global Long-Term Incentive Plan (‘GLTI’) co-investment matching awards means that executive directors can purchase Vodafone normal shares and turning them to performance shares after holding three years.Benefit is the pension scheme for the executive director and other benefit such as company car and private medical insurance. 5. Analysis of the director remuneration Figure 1 Total remuneration for 2012 (based on Vodafone 2012 Annual Report) The Figure 1 shows the detail of the total remuneration for fiscal year 2012 including a value for GLTI payment. Without the GLTI vesting during this year, Vodafone actually paid 30. 35m pounds to CEO Colao, 19. 27m pounds to CFO Halford, 21m pounds to Europe region CEO Combes, and 14. 08m pounds for CTO Pusey [6].The Figure 1 illustrates that all the four chief executive directors’ incomes are increasing except the CTO Pusey. Although the total rewards were general increased, GSTIP for fiscal year 2012 was decreasing. In the meanwhile, salary and cash in lieu of pension were keeping in the similar level with last year. Therefore, the increasing of total remuneration was due to the significant increasing of the item cash in lieu of GLTI dividends. During the fiscal year 2012, the Global Short-Term Incentive was deduct from last year. The total actual short term incentive pay ment was 93. %, while the target payment is 100% and the maximum payment is 200% for the basic salary [6]. According to the remuneration policy of Vodafone, GSTIP is influenced by the performance for this year. There are four indicates to measure the GSTIP: service revenue, EBITDA, adjusted free cash flow and competitive performance assessment. According to the 2012 annual report, the service revenue slightly increased to 46. 4bn pounds, which was just arrival the target performance [6]. However, the EBITAD and adjust free cash flow were cut down, especially the adjust free cash flow.Because of the loss of China Mobile Limited and the dividends of SFR, the actual pay-out percentage for adjust free cash flow is 8. 5, while the target performance is 20% in the whole GSTIP [6]. The policy of GSTIP is related to both the financial and non-financial performance in this year in order to measure the executive short-term performance in a rational way. The target performance is not only base d on the Vodafone’s strategy and past operation, but also taking the long-term strategy into account. Figure 2 Adjust free cash flow target and range for awards Based on Vodafone 2012 Annual Report) Figure 3 GLTI award for 2008 & 2009 (based on Vodafone 2012 Annual Report) Opposite the reducing of DSTIP, cash for Global Long-Term Incentive Plan is significant increase. The GLTI is determined by adjust free cash flow and the TSR outperformance of a peer group median. These two indicators consist a matrix in order to measure the internal operational performance and external performance. The long-term operation cycle is three years which means the target performance of financial year 2012 was settled in 2010.According to Figure 2, the target for 2012 is 18bn pounds, while the actual adjusted free cash flow for 2012 was 20. 9bn pounds [6]. Another important measure is the TSR performance. The figure 3 shows that Vodafone’s TSR was outperformance than the peer group which c onstitute by the similar size companies. The TSR performance increasing by 18. 5% in 2012, and exceed the target number. Therefore, the TSR performance for 2012 was paid by 100% of maximum to executive directors, while there is only 30% in 2011.Figure 4 Five year historical TSR performance (based on Vodafone 2012 Annual Report) Table 1 Comparison of Vodafone & BT Group (Base on [6] [8] [9] [10]) 201220112010 CEO Reward ?000Total Revenue ?bnCEO Reward ?000Total Revenue ?bnCEO Reward ?000Total Revenue ?bn Vodafone303546. 46282645. 88266844. 47 BT Group250518. 90235920. 1210520. 1 To compare with other similar size companies in UK, figure 4 reflects the Vodafone TSR performance compare with the average level of FSTE 100. From this figure, it indicates that Vodafone’s TSR performance is higher than the average level of FSTE 100.It means that the Vodafone Group is in a better operation situation among FSTE 100 companies. Therefore, it is reasonable that Vodafone’s executive remuneration is higher than the similar size companies. Additionally, the comparison in Table 1 is shown in similar result. BT Group is another strong competitor of Vodafone in UK telecommunication industry. The numbers in table 1 are published in the annual report for the two companies from 2010 to 2012. The total revenue of Vodafone is basically twice as much as BT Group, while the difference between the CEO remuneration is just around ? m in the three years. Through above analysis, Vodafone remuneration is in a rational level, and it is corresponding to its operation performance. 6. Conclusion All in all, Vodafone executive remuneration is acceptable and in a rational level. It not only reflects the operation performance but also obey the rules of UK Corporate Governance Code. The executive remuneration is setting by an independent remuneration committee which consist by five non-executive directors and two external advisors.The remuneration report is published by Remuneration C ommittee in Vodafone’s Annual Report. The remuneration package divide into base salary, Global Short-Term Incentive Plan (‘GSTIP’), Global Long-Term Incentive Plan (‘GLTI’) base awards, Global Long-Term Incentive Plan (‘GLTI’) co-investment matching awards and benefit. Through these five parts, executive reward is related to performance and the investor interest, and can help executives focusing on company’s strategy. Therefore, Vodafone executive remuneration can be seen as a good example in executive remuneration policy.