Philippine Peso Essay Example

Philippine Peso Essay Philippine Peso is the currency of the Philippines. The Central Bank of the Philippines, the Bangko Sentral ny Pilipinas (BSP) administers foreign exchange controls and all other currency problems in the Philippines. The former Marcos government of Philippines, known for its corruption, always aimed at retaining the foreign exchange earnings from traditional exporters. From 1970 to 1984, the Philippines had an intermittent history of multiple rate structure with different rates to foreign exchange transactions for exports, imports and foreign debts, on the basis of a daily Guided Rate.From 1970 till 1973, traditional exporters were required to surrender 80% of the foreign exchange earning at a Official Rate fixed at 3. 9, which is more disadvantageous to exporters than other rates. This requirement was later replaced by a stabilization tax on traditional exports, which also worked to siphon off the gains of traditional exports. (Bautista, 1987) In mid 1980s, with the economic takeoff of the neighbouring Asia-Pacific area, the Philippines witnessed the importance of removing distortions in its economic regimes and opening up the highly protected economy.Read also The Philippine Peso Us Dollar Exchange RateAlso partly due to the 1983 financial crisis, in 1984 the multiple rate structure was abolished. Ever since then, the Philippines has maintained a floating exchange rate regime. An Inter-bank Rate, determined on the basis of supply and demand in the exchange market, has governed all transactions. The authorities intervene in the medium to maintain orderly market conditions and the political objectives. In addition, the Bankers Association maintains a Reference Rate as the Peso-U. S. Dollar convention rate for customs valuation purposes and for computation of import duties/taxies.Major sources of reference include: 1. World Currency Yearbook. (WCY) 2. Annual Report on Exchange Arrangement and Exchange Restriction. (IMF)Â   3. Romeo M. Bautista (1987): Productio n Incentives in Philippine Agriculture: Effects of Trade and Exchange Policies. | Â  | Â  | | Date| Changes to the exchange rate regime| Peso per U. S. Dollar| 8 November 1965| The fluctuating free rate was abolished. (WCY, 1984, p. 614)Â  | 3. 900Â  | 21 February 1970| A multiple rate structure with a Mixed Rate (not explained in WCY) was reinstated based on a controlled, floating Official Free Flucturating Guided Rate. WCY, 1984, p. 614) . The daily Guided Rate was establishedby the Bankers Association. (IMF 1976, p. 369). 80% of foreign exchange earnings from some traditional exports (including copra, sugar, logs, and copper concentrates) were to be surrendered to the Central Bank at the Official Rate of P3. 90 per U. S. Dollar, while the remaining 20% could be sold at the free market rate. (Bautista, 1987, p. 24)Â  | 5. 500Â  | May 1970| The requirement of surrender 80% of export earnings was replaced by a stabilization tax on traditional exports. (Bautista, 1987, p. 4)Â  | Â  | 22 September 1970| Â  | 6. 435Â  | 20 December 1970|The gold content of the Peso was cut 7. 89%, paralleling the U. S. Dollar devaluation. | Â  | 26 April 1972| Â  | 6. 780Â  | 13 February 1973| The gold content of the Peso was cut 10%, in the aftermath of the U. S. Dollar devaluation. (WCY 1984, p. 614)Â  | Â  | 31 December 1974| Â  | 7. 070Â  | 1975| In spot transactions between commercial banks and customers, the maximum and minimum spot buying rates are 0. 5% and 1% below the guiding rate, respectively. The minimum and maximum spot selling rates are 0. 75% and 1. 5 % above the guiding rate, respectively. (IMF 1976, p. 369)Â  | Â  | 31 December 1975| Â  | 7. 510Â  | 31 December 1976| Â  | 7. 440Â  | 1977| For spot transactions in excess of US$100,000 between banks and their customers, the margins are competitively determined. (IMF 1978, p. 331)Â  | Â  | 31 December 1977| Â  | 7. 380Â  | 31 December 1978| Â  | 7. 380Â  | 31 December 1979| Â  | 7. 420 Â  | 31 December 1980| Â  | 7. 600Â  | 31 December 1981| Â  | 8. 200Â  | 31 December 1982| Â  | 9. 170Â  | 23 June 1983| Â  | 11. 000Â  | 5 October 1983| Inter-bank trading in foreign exchange was suspended.The Guided Rate was phased out in favor of a controlled, floating Effective Rate. (WCY 1984, p. 614)Â  | 14. 000Â  | 31 December 1983| Â  | 14. 000Â  | 1984| All spot buying and selling margins were to be determined on a competitive basis. (IMF 1985, p. 400)Â  | Â  | 6 June 1984| The exchange rate system was revised into a de facto multiple rate structure as follows: The Effective Rate applied only to essential imports and interest on the foreign debt. Based on a 10% tax on the purchase of foreign exchange, an exchange for other transactions.An exchange rate for export proceeds. The Black Market Rate was officially recognized as the major source of foreign exchange. (The exchange rate for purchase of exchange in other transactions: 19. 80; Export proceeds were exch anged at P16. 20 per U. S. dollar; The Black Market Rate: P20. 00-P24. 00) (WCY 1985, p. 669)Â  | 18. 000Â  | 10 October 1984| The multiple rate structure was abolished. Inter-bank trading in foreign exchange was resumed. An Interbank Rate, determined on the basis of supply and demand in the exchange market, was to govern all transactions.Authorities intervene when necessary to maintain orderly conditions. (WCY 1990-1993, p. 510) Â  | Â  | 13 December 1984| The Peso-U. S. Dollar guiding rate was abolished. (IMF. 1986. p. 422) Â  | Â  | 31 December 1984| Â  | 19. 760Â  | 29 March 1985| The Central Bank announced that, the reference rate of the Bankers Association should be the Peso-U. S. Dollar conversion rate for customs valuation purposes and for computation of import duties/taxies. (IMF. 1986. p. 422)Â  | Â  | 31 December 1985| Â  | 19. 030Â  | 31 December 1986| Â  | 20. 530Â  | 31 December 1987| Â  | 20. 800Â  | 1 December 1988| Â  | 21. 340Â  | 31 December 1989 | Â  | 22. 440Â  | 13 September 1990| Guidelines were issued that the buying rate for spot transactions must not be less than 1% below the reference rate of the Bankers Association, while the spot selling rate must not be more than 2% above the reference rate.For transactions other than spot, the buying rate must not be less than 1% below the spot buying rate, while the selling rate must not be more than 1% above the spot selling rate. (IMF. 1991, p. 398)Â  | Â  | 31 October 1990| Â  | 28. 000Â  | 31 December 1990| Â  | 28. 000Â  | 8 January 1991| The margins for spot buying and selling rates for commercial reference transactions around the official reference rate were eliminated. (IMF. 1991, p. 400)Â  | Â  | 31 December 1991| Â  | 26. 650Â  | 30 July 1992| A system of eight-hour continuous interbank foreign exchange trading under the Philippine Dealing System (PDS) was introduced. (IMF. 1993, p. 405)Â  | Â  | 31 December 1994| Â  | 24. 418Â  | 31 December 1995| Â   | 26. 214Â  | 15 March 1998| The authorities allowed the Peso to float more freely against the dollar by lifting the volatility bank system.The band include a 6% limit around the exchange rate of the previous day, with trading being suspended for the remainder of the day if the limit was reached. (IMF 1999, p. 683)Â  | Â  | Notes:Throughout the course, the Philippine authority posted an Official Rate of P3. 90 per U. S. Dollar. This rate was originally used for exporters to surrender their exchange earnings to the Central Bank since 1965. However, this rate is now left inoperative since the exporters are not required to render their export earnings any more. (WCY 1986-1987, p. 511)|

Top 8 Most Underpaid Jobs That Deserve Much Higher Pay

Top 8 Most Underpaid Jobs That Deserve Much Higher Pay We all feel overworked and underpaid, as a rule. But  it’s no surprise that some of the  most valued and hard-working professionals you might know (or might be yourself!) don’t receive the pay that matches the sacrifices they make. Here are 8 of the most underpaid jobs in our society, all of which deserve to be paid much, much better. 1.  Public school teacherThis almost doesn’t require an explanation. Teachers make a median income of around $55k, but given the hours they put in and the importance of the work they do, this doesn’t seem nearly enough. If children are indeed our future, perhaps we should be investing more in the people who get them where they need to be?2. Registered nurseSure, nurses typically make around $60k per year, and that seems pretty high compared to a lot of jobs in our current economy. But then you have to factor in how many more hours and responsibilities that have been piled upon them. And they’re increasingly requi red to do more work formerly assigned to doctors because of their higher levels of education.3. Farm workerWe pay the people who are responsible for feeding us very very poorly. These are the worst of conditions, the hardest, most back-breaking physical labor, and less than $20k per year (if they’re lucky) for long hours and having to move all over the place to follow the harvest schedules. Some undocumented workers also face harassment and unfairly curtailed wages as well.4. Child care professionalChild care workers don’t make that much more than farm workers, but their work is also very intense. Imagine all those kids, all that energy, all that responsibility, plus their hyper-vigilant and often overbearing parents. The amount of impact these folks can have on kids in their most crucial stages of development is huge. Shouldn’t they at least make a living wage?5. ParamedicEmts deal with people in the worst of circumstances, and are usually responsible for wheth er or not they make it through. They’re constantly throwing themselves between us and danger (or death) and should really make more than their median salary of roughly $31k per year.6. Home health aideAgain, home health aides make only marginally more than farm workers. And they are the ones who make sure that our elderly loved ones get the care they need in the years they need it most- often at their frailest and most scared. If we value our loved ones, shouldn’t we value those who care for them so expertly?7. Social workerSocial workers are the people on the front lines who protect those in our society who need protecting most. Even if you’ve never had cause to run into one in your life and work, it’s clear that they perform a crucial function in making our world a safer place for all our citizens. They should make as much as CEOs, but they barely clear $45k per year.8. Food service workerIn this economy, the demand for inexpensive and convenient food i s extremely high and sometimes jobs in food service are the easiest to procure when times are hard. But the minimum wage, adjusted for inflation, hasn’t improved since 1968. Given the conditions food services workers suffer through each day to feed us, don’t you think they deserve to make enough to feed their own families?

Report on the recent performance of Bank of New York Mellon Essay

Report on the recent performance of Bank of New York Mellon - Essay Example The banking entity is also one of the largest asset managers in the world managing USD 1 trillion of assets in its business. The bank of New York Mellon has an employee base of around 50,000 working in more than 100 markets throughout the globe. The Bank provides global financial services for corporations, institutions as well as the high net worth clients. The main functions of the bank are servicing and managing the financial assets of the customers. The banking corporation provides excellent asset management, wealth management, treasury services, asset management and services and clearing services. The Bank of New York Mellon Corporation is the first bank in the United States of America which joined Society for Worldwide Interbank Financial Telecommunication (SWIFT) in 2007. The Bank is also a member of the Clearing House Interbank Payment system (CHIPS). The BNY Mellon Corporation has two subsidiaries operating under its business- The Mellon Capital Management and BNY Mellon Asse t Management which are used for providing the asset management and wealth management services to the institutional investors. The wealth management business of BNY Mellon Corporation is dedicated towards the high net worth investors and foundations. The paper aims to focus on the wealth management or the private banking services of BNY Mellon. The wealth management of BNY Mellon offers world class capabilities customised for all types of clients across the world. The services offered to the clients include investment management, servicing of assets and information management, planning of wealth and estate as well as private banking. The client base of the bank includes families and individuals, endowments and foundations, institutions as well as professionals. Discussion The main industrial characteristics of the market The global banking industry is characterized by most of the financial institutions struggling towards growth and implementation of change programs while managing the costs in the changing global scenario. The largest banks of the work banks are implementing evaluated restructuring programs to cut down on the costs while increasing the profitability of the business. The industry is dominated by rapid growing markets and unpredictable changes thus making flexibility and adaptability the key secrets to survive in the evolving global banking industry. The industry shows a number of conflicting challenges and demands for the banks and presents an uncertain and volatile industry landscape. Unfortunately, they had anticipated a much more benign economic environment in which to adapt to the paradigm shift in the banking landscape. Now banks face a near-perfect storm of challenges and conflicting demands in a volatile and uncertain environment, locally and globally. The economic slowdown throughout the world is varying across the different geographical sectors and the Governments continue to take strong steps towards stimulating economic growth. The glo bal banking industry has a sustained growth rate but at a decreased magnitude (Cap Gemini Consulting, 2012, p.3). The main issues impacting the private banking and wealth management industry are with respect to then external environment of the industry, the

Ethical dilemma Essay Example | Topics and Well Written Essays - 750 words - 1

Ethical dilemma - Essay Example This research will begin with the statement that ethics is at the core of every practice in the field of childcare. When childcare workers deal with an ethical dilemma, they must be guided by the essential values which underpin ethical framework, honesty, and trust. When dealing with a dilemma, it is important to follow the Ethical Response circle (ERC) to resolve the dilemma. If one educator or director handles the issue without supporting evidence, the dilemma won’t be resolved completely. When a dilemma arises it is important that the staff follow the ERC using supporting documents to support them. The researcher’s   group chose Ethical dilemma 3. The dilemma centered around a preschool boy who was wearing a female clothing when his dad arrived to pick him up. The father got really angry seeing his son in female clothing. The childcare educator tried to explain the situation, but the boy’s father was really frustrated. So the researchers started the Ethical Response Circle, where I had the role of the child. Each of the group members posted a reactionary response according to the stages provided by the tutor.   At the end, the researchers reached a resolution. The child’s best interests were the main focus of the discussion between the parents and the childcare center staff. The researchers agreed to provide the boy's parents with information about our program, their son's interests and choices of activities by using the daily communication book.  ... But sometimes there is usually a difference between the parents knowledge and the career professional's knowledge. These are noted as factors inhibiting parent-career partnerships. In this dilemma there is a big gap between the partnership of the centre and the parents. That is why we looked at NQS Element 1.1.6. Each child’s agency is promoted, enabling them to make choices and decisions and to influence events and their world. Early childhood professionals have an important role in advocating for children (Smith, A. B. (2007). But advocating for children is not about undermining the role of parents. That was why we moved to the next level of the ERC; Professional Consideration. At this level, we believed that it was important to support our practice and policies by addressing the Code of Ethics as the key factor of our professionalism. The Code of Ethics acknowledged that in relation to children we must â€Å"Acknowledge his uniqueness and potential to ensure he enjoys his childhood†. Besides this we incorporated The Early Years Learning Framework (EYLF) and the National Quality Standard (NQS) into daily life at our centre. Our professional staff plan daily activities based on their observations, extend them when children show interest in particular themes and we also use intentional teaching as part of our program. We encouraged the boy's parents to borrow the copies of EYLF and NQS to get a better idea about the principles that our professional team follows to enhance children’s learning and development. After that the boy's parents showed more interest in listening to us. This is when we moved to next circle in ERC. The next circle was ethical principles. According to

Discussion - of hypothesis testing results (dissertation) Essay

Discussion - of hypothesis testing results (dissertation) - Essay Example In this model, logistics regression was applied to test the probabilities that young people consider price, effect of brand image, design, trendiness of fast fashion cloths, and effect of advertising on their decision to make a purchase. Categorical variables were considered to show how various variables affect the predictability of the decision to purchase of not within the population. Based on gender, age, and education the logistic regression provides a platform of identifying fit within the model. The application of the Chi Square in this analysis is to identify the relationship or association of two cross-tabulated variables within a population (Kocherlakota, 2010). The null hypothesis in this case is considered to show that an association exists between the cross-tabulated variables of the population. The alternative hypothesis using the chi square analysis is used to refute the null and reinstate the hypothesis (Kocherlakota, 2010). In this case, the chi square method is applied to test the association between young people’s decisions of making a purchase with price, effect of brand image, effect of advertising, design, and/or trendiness of fast fashion cloths as influencing factors. The log likelihood statistics method was used in this analysis to show the fit between coefficient estimates and data (Kocherlakota, 2010). Since data is fixed, coefficients influence the likelihood that certain outcomes will take place. In the current case, the method was applied to show how different parameters influence the likelihood of young individuals to purchasing fast fashion or not. The parameters include price, design, brand image, trendiness, and advert effects on the decisions made. H1: As it mention in the literature by Jackson (2001), price is a major determinant of the decision to buy fast fashion. In addition, a conflicting factor is also identified. The cost of fast fashion cloths does not matter to young buyers

Impact of Population Growth on Environment

Impact of Population Growth on Environment Thesis Statement: The negative impact of increasing population pressure upon environment may be at least partially improved by relocating people. Introduction The intimate relationship of geography and environment helps us to comprehend many salient features of history and the changes that occurred from generation to generation. A greater appreciation for environment may stem from deeper understanding of humanity in their complex aspects constituting life, work and play. Political economy may be understood as a union of agriculture with the different social, economic and political aspects of our existence. (Castree et al, Making Sense of Environmental Geography) The sustainability of the earth’s resources is being put to the severest test at the present moment when 7 billion people crowd the planet with excessive concentrations in some areas like Kolkata. On the other hand, some locations like Canada and Australia have a very low population density. Several other countries like Iceland and Bhutan have fewer people. The frozen wastes of the Arctic and Antarctic regions have no inhabitants only because conditions are not conducive to a normal existence. (Eaton, On the Farm and in the Field) While we cannot survive in difficult conditions of the earth, science dreams of colonizing other planets like Mars as an alternative to the earthly existence. What could be the causes of such a mismatch? Is it only an oddity of history or are pressing economic, social, religious or political factors behind such a divide. Are there any solutions like bringing about a global balance not only in population density but resources, standard of living, food, health and economic resources? The Kolkata Scenario: THE LAST TABOO In 2009, the world consumed the resources that would have belonged to 1.35 earths. United Nations believes that stability to the earth’s population would arrive in 2050 with 9.1 billion people. Strangely enough, the earth population was 3.3 billion in 1965. Of the 157 added to the world population every minute, only 4 are in the developed countries with 153 in the backward regions. Eastern India is home to 300 million or the entire population of USA. Excessive population and consumption problems are most severe in India. Hard to believe but in India, 17 percent of the global human population occupy 2.5 percent of the land resources. If the case of Kolkata is contrasted with America, it is a strange story of statistics beyond belief. The per capita consumption and income levels are at different ends of the spectrum. If people in Kolkata can survive on a dollar a day, Americans earn several dollars in a single hour. The absolutely unequal distribution of opportunities, wealth, education, health and lifestyle has been the topic of much heated debate. Is there a philosophical basis behind it? Why do people say that the world is almost equally divided between the haves and have-nots? How does Population impact Environment? It would be appropriate to commence with agricultural practice that sustains us in the first place and also includes the highest number of workers, both human and animal though more of mechanized farming is nowadays visible. Agriculture impacts the environment by releasing greenhouse gases like carbon dioxide and nitrous oxide, methane too. Agriculture changes the land and leads to deforestation and a desert like condition. Climate change results from global warming and rising carbon dioxide levels and impacts agriculture positively and negatively. Irrigation reduces underground water levels. Over-irrigation may lead to water pollution. Agricultural chemicals soon turn into pollutants through misuse. The soil is degraded and plastics do further damage to the already fragile environment. Technology upon which the majority of urban lives depend has succeeded in creating an artificial order at the expense of a natural disorder. Metals and plastics are the chief pollutants besides industrial wastes dumped into river ways. The use of petroleum products only painfully reminds that oil reserves are finite and would exhaust sooner rather than later. The search for renewable sources of energy is never ending. Nuclear power has its dangers of radiation that enters living tissues and causes devastation. Fishing is depleting rivers and oceans besides the loss of ecological habitats due to greedy over ambitious entrepreneurs. Nanotechnology, paint and paper in spite of their tremendous benefits are harmful in diverse ways. Causes for Human Migration and Relocation Political and linguistic domination seems to be the heart of large scale movement of people. Stalin deported 1.5 million political enemies toSiberiaand theCentral Asianrepublics after the Second World War. Mussolini‘s establishment in Italy forced the minorities to adopt the national language and ethos. They wished to obliterate remnants of any race besides their own. All through recorded history we come across large scale movement of people based on religious, racial or political grounds. What can explain this large scale exodus? And what are the possible causes of banishment and exile? Like the ongoing Syrian war crisis, war affects the peaceful lives of people and thousands suddenly turn refugees when they are compelled to cross international borders to escape atrocities or to enter refugee camps to have their basic needs fulfilled. The partition and Independence of India in 1947 created two states along religious lines. The two religions Hinduism and Islam migrated across vast territories in the midst of violence, many having lost possessions and property. Political and religious enmity seems to make sense. Genocide or the destruction of an entire race that is considered inferior is what Hitler attempted during the Second World War. Migration and relocation for the sake of a better life with greater incomes, peace and prosperity attracts lakhs of people across dangerous illegal journeys each year. Many never make it in the process called human smuggling, a well run business across the globe. After the internal Bhutanese dispute with the Nepalis settled in the southern border of Bhutan, large scale evictions of Nepalis took place. The displaced people landed in refugee camps in Nepal and India. Many of them got to eventually live and work in USA. The most advanced country America isolated the native people in selected areas or reserves for unknown political reasons. CONCLUSION Having looked at the complex causes of history, environment, production and inequality, a possibility of leveling the human scenario to some semblance of justice may be achieved by relocating and transferring segments of populations. Something in the nature of adoption that is already practiced somewhat widely like Russian exchange students living in American homes; backward communities of Kolkata may be relocated to better off nations that suffer from population shortage. In spite of adjustment problems, people will work and earn in the new lease of existence. Many such countries like Australia and Canada want more people. If people have migrated on religious and political grounds, such a movement on humanitarian grounds could change the face of history. Who would organize it? United Nations, perhaps with the backing of the rich countries. REFERENCES: Castree, Noel et al. Introduction: Making sense of Environmental Geography  http://onlinelibrary.wiley.com/doi/10.1002/9781444305722.ch1/summary Eaton, Emily. On the Farm and in the Field http://www.tandfonline.com/doi/abs/10.1080/13563467.2011.542802#.UvoJ9_mSy7Ade Sherbinin, Alex et al. POPULATION AND ENVIRONMENT http://www.ncbi.nlm.nih.gov/pmc/articles/PMC2792934/ List of Environmental Problems  http://www.buzzle.com/articles/lists-of-environmental-problems.html Rand, Population and Environment (A Complex Relationship)  http://www.rand.org/pubs/research_briefs/RB5045/index1.html

Admissions Essay: The Plain Truth :: Medicine College Admissions Essays

Admissions Essay: The Plain Truth    All of my life I have been a city girl, but I moved to Santa Rosa when I was about 13. Up until I was about 16, I lived there permanently. I used to switch back and forth from parent to parent all of the time. When I first started high school, I went to Piner High and, in my junior year, I went to Montgomery and, from there, to a continuation school. I am currently now back at Piner. I had to basically kick and scream to get back into my regular high school--as you can see there is some drama behind the scene.    Applying to college was not an easy thing for me. First, I had to make the choice of whether I wanted to go or not. After I went to SMYSP, I knew I wanted to be there--my big problem was that I did not think I was good enough. No one in my family even has a high school diploma. At first I was going to just settle for a junior college, but with the pushing of my pals from Stanford, I decided not to sell myself short. I really had no confidence in myself. I did not feel so smart.    I kept telling myself that my chances for getting into college were slim because I went to a continuation school. So when I got back from my time at SMYSP, I put everything that I had into my education. For the rest of my summer I pretty much hit the books.    When I first started to apply to colleges I just told the truth about who I was. I did not try to put on a courageous act. I just wanted them to see that I may be just as qualified as anyone else, but the difference between us is that I want it so badly. I really did not care where I got accepted; I just wanted to go to college and be someone. Just being there would be a chance to prove that I am worth taking a second look at. See, I am not a rich girl who has always gotten what I wanted, and because I want this so badly, I don't want anyone to take it from me. I worked hard to be who I am, and the great part about it is that I have ambition and I am a goal reacher.

How is the theme of childhood presented Essay

The Romantic era ushered in a whole new way in which children were perceived. Romantics did not believe in the â€Å"Seen but not heard† attitude towards children. The Romantics often busied themselves trying to understand what made a man, what shaped a person’s personality to create the adult. Three poems in The Lyrical Ballads, all by Wordsworth, deal exclusively with the theme of childhood. They are We are Seven, Anecdote for Fathers and The Idiot Boy. A famous quote by philosopher Jean-Jacques Rosseau states that â€Å"Man is born free, but everywhere he is in chains†. By this he meant that we are all born without any laws or morality and that these are ideals we gain only as we age and get exposed to them by society. This sentiment is reflected in the aforementioned poems, as this belief is one of the reasons children were so celebrated by the Romantic movement, they were untainted by the societal rules forced upon them, and so were a part of nature in a way an adult could not be. In We are Seven, Wordsworth relates a conversation between the poem’s narrator and a young girl. The young girl claims to have sixth brothers and sisters, however she says that two of them are dead. Despite the narrator’s attempts to convince her that makes only four brothers and sisters, five overall, he eventually concedes that is â€Å"Throwing words away† as the girl is not able to truly comprehend the realities of death. In this poem Wordsworth juxtaposes the cynicism of the narrator’s view of death with the innocence of the young girl’s view. The narrator’s view is that although she did have six brothers and sisters, she now only has four. The girl’s brother and sister are no longer alive and thus cannot be considered human, and equally can no longer be the girl’s brother and sister in any real sense, so he only recognises her as having four siblings. The girl however does not see death in that manner. Although she is aware that they are dead, she is not able to properly understand what this means. As the author says â€Å"What should it know of death? † To her, even though they are dead, they are still her brother and sister, just as much as her others and so she sees herself as one of seven children. In the poem Wordsworth gives a vivid description of the girl, referring to her as â€Å"rustic† and having a â€Å"Woodland air†, which overtly links her to nature. The fact that the narrator says that her beauty â€Å"makes me glad† shows that Wordsworth is indirectly calling the girl, her innocence and nature, which the girl is close to, a wonderful thing which should be celebrated. Both The Idiot Boy and Anecdote for Fathers deal with the imagination. In Anecdote for Fathers the narrator asks his son whether he prefers their home at Kilve or Liswyn Farm. The child clearly has never contemplated this, however as his father originally praises Kilve more than Liswyn Farm, he says that he prefers Kilve, as he believes that is what his father wants to hear. His father however questions his answer, which the child is not prepared for. Looking around in panic he sees a weather vane and responds with â€Å"At Klive there was no weather-cock, and that’s the reason why†. The narrator is ecstatic with his son’s answer, as he sees his son’s ability to imagine an innocent answer so easily. The father wishes that he could â€Å"Teach the hundredth part of what from thee I learn† The tone of excitement in the father’s response seems to stem from Wordsworth lamenting the fact that although he is able to understand how children are able to use their imagination in such ways, he is unable to mimic them, as he has already succumbed to the social ideals. In The Idiot Boy Wordsworth the effect of society on an adult by comparing the imagination of a child and his mother. In this poem a woman, Betty, is caring for her sick friend, Susan. Although Susan requires urgent medical care, Betty cannot leave her alone in her state, so she sends Johnny, the â€Å"Idiot Boy†, her mentally handicapped son. She gives him very clear instructions that he is to go straight to the doctor and straight back and not stop. Hours later he has not returned and Betty begins to worry about â€Å"sad mischances, not a few†. In the end Betty decides to go and look for him. As she is out calling his name, she starts to imagine her son being dead or hurt based on what she sees. For example when she sees a pond she imagines that her son may have drowned in it. Eventually she discovers that Johnny is safe and well, and has merely been playing for hours, imagining himself picking stars out of the sky, being a hunter and being a warrior. The contrast between the imagination of a child, with an extra layer of innocence due to his mental handicap, and his mother is incredibly stark. While Johnny’s imagination has kept him content for hours, Betty’s has, in a shorter space of time, made her start to contemplate suicide due to the grief it instilled within her. We then find that Susan has recovered for exactly the same reason that Betty felt such despair, all she was able to think about were horrible ways in which Betty and Johnny could’ve been hurt and was able to draw strength from her sadness at being unable to help. In the end, when asked what he had been doing for hours, Johnny merely replies â€Å"The cocks did crow to-whoo, to-whoo, and the sun did shine so cold†. Wordsworth called this response Johnny’s â€Å"glory†, which very accurately sums up the Romantic ideal of childhood and innocence being a thing to cherish, which was one of the messages Wordsworth and Coleridge tried to present with the Lyrical Ballads.

Environmental Protection and Sustainability The WritePass Journal

Environmental Protection and Sustainability Introduction Environmental Protection and Sustainability ). Meridiana’s membership in the AEA shows that it is committed towards achieving sustainability in the aviation sector. Marketing Mix Despite its success in some areas of the domestic market, the company has experienced heavy losses in recent years. With its ageing fleet, subscale international network, and its dependence in the domestic market, the company is facing very stiff competition from some of Europe’s leading low cost carriers (CAPA, 2013). Taking these into consideration, Meridiana has to improve its current marketing mix in order to increase sales and remain competitive. Effective marketing strategies can have a significant influence on society; thus, it is important for the company to apply the appropriate marketing mix to achieve their objectives. Product Meridiana’s major strength is its competitively priced business class seats for long haul destinations, targeted at leisure travellers. As a medium service carrier, it offers elements of both full service and low cost carrier. For example, it provides food and drinks like full service carriers but its price range is comparable to low cost airlines. Meridiana should utilise this mix and use it as a competitive advantage. The airline needs to focus on its domestic flights and its short/medium haul destinations in Europe. The current marketing strategy fails to reach out to the business community. Their marketing strategy should emphasise services for both holiday/leisure and business purposes. The company should target SMEs and become the airline of choice for small and medium-sized companies. This can be done by offering discounts and incentives for companies who want to purchase multiple seats or flights. Price Meridiana needs to use a competitive pricing scheme to attract customers. Its price point should be not too high from low cost carriers, but lower than traditional networked airlines. Although low cost carriers have lower prices, Meridiana should differentiate its slightly higher price point by offering better customer service. The aim is to have a mid-range price point, which can attract middle class consumers and SMEs. Place Meridiana has been highly successful in Sardinia and Sicily. The company should replicate its success by building stronger presence in other parts of Italy and in key international airline hubs such as London, Dubai, Beijing, Singapore, Narita, Paris, and New York. This can be achieved by improving airport check-in services and making their internet reservations website more attractive and easy to use. Promotion As a hybrid airline, Meridiana operates both as a low cost carrier and a network airline (Sansonetti, 2010). It needs to be highly competitive by keeping it unit costs down. This can be achieved by enhancing its internet and social media channels. Meridiana should upgrade its website to make it more attractive and user-friendly. It should improve its tie-ups with hotels, resorts, car rentals, and other tourist services to attract more customers. People Meridiana should improve its services to customers in order to attract more consumers and gain more customer loyalty. Excellent customer service can be a competitive edge, especially when low cost carriers offer cheaper rates. Meridiana should also highlight their people and the value of customer service in their marketing strategies. Process Meridiana should ensure that its online reservations are always efficient and that customers can easily access the airline through phone or email. The airline’s systems should be designed for the benefit of customers. Physical Evidence Meridiana should also ensure that its flights are always on time; its planes are spotless; and its service crew are highly efficient. Its check-in and guest lounges in airports should be clean and the services of both ground crew and in-flight staff should be excellent. Promotional Mix Meridiana should focus on tapping customers from the mid-market socio-economic segment and business people, especially from SMEs. The elements of the promotional mix must integrate different strategies. It should use a combination of various promotional strategies, particularly, advertising, public relations, sales promotions, and internet/online promotions. The integration of different promotional tactics will aid in achieving a more successful result. Advertising should be enhanced in traditional channels such as television, print, and radio in order to target domestic consumers in areas where Meridiana is not the market leader (i.e. Milan, Turin, Naples, Marconi, Rome, and Verona). To increase presence in international markets, the airline should advertise in popular travel magazines and international cable channels (i.e. BBC, CNN, NHK, etc.). In terms of public relations, the airline should improve its relationship with Italian businesses and local government. It should also improve its public image by doing CSR activities and being more active in environmental protection. The company should emphasise their support for green aviation and sustainability in the airline industry. Meridiana should also launch sales promotions on its ticket prices. It should conduct seat sales in which the flight fare is a fraction of its original price but customers can avail of the ticket only for a limited period. For example, the seat sale gives an 80% discount on ticket prices for 50 seats in the plane and the sale will be ongoing for 3-5 days only. Meridiana should also prioritise internet/online promotions and strengthen its social media presence. The airline should improve its advertisement and tie-ups with online travel sites such as Expedia, Kayak, and Orbitz. It should also effectively make use of social media sites such as Facebook and Twitter. Meridiana should advertise in these sites and encourage customer feedback through social media. The company can also utilise viral advertising by putting very creative and highly memorable adverts in YouTube or other video sharing sites. References Agarwal, R. (2010). Sustainable (Green) Aviation: Challenges and Opportunities. SAE International Journal of Aerospace. 2(1), p.1-20. Anna Aero. (2013). Meridiana fly and Air Italy complete merger, as Meridiana turns 50 under new CEO; combined fleet shrinks for S13. Available: anna.aero/2013/06/19/meridiana-fly-and-air-italy-complete-merger-as-meridiana-turns-50-under-new-ceo/. Last accessed 12th January 2014. Association of European Airlines (AEA). 2013). AEA welcomes Meridiana as new airline member. Available: http://files.aea.be/News/PR/Pr13-036.pdf. Last accessed 15th January 2014. CAPA Centre for Aviation. (2013). Meridiana: how to escape the impact of loss-making Italian airlines? Available: http://centreforaviation.com/analysis/meridiana-how-to-escape-the-impact-of-loss-making-italian-airlines-120241. Last accessed 12th January 2014. Chartered Institute of Marketing (CIM). (2013). Marketing and the 7Ps: A brief summary of marketing and how it works. Available: cim.co.uk/files/7ps.pdf. Last accessed 12th January 2014. Cooper. C et al. (2013). Tourism: Principles Practice 5th edition. London: FT Prentiss Hall Denton, N Dennis, N. (2000). Airline franchising in Europe: benefits and disbenefits to airlines and consumers. Journal of Air Transport Management. 6(4), p.179-190. Green, JE. (2003). Civil aviation and the environmental challenge. The Aeronautical Journal. p.281-299 McCabe, S. (2009). Marketing Communications in Tourism and Hospitality: Concepts, Strategies and Cases. Amsterdam: Butterworth Heinemann Meridiana. (2009). Meridiana Group Ethical Code. Available: https://www.meridiana.it/cms/deploy/1/IGGJ_Documenti/IT/Codiceetico/MeridianaGroupEthicalCode.pdf. Last accessed 12th January 2014. Meridiana. (2014). About us. Available: https://www.meridiana.it/en/company_informations/Company_AirItaly_quality.aspx. Last accessed 12th January 2014. Middleton, V. (2009). Marketing in travel and tourism. Oxford: Butterworth Heinemann Sansonetti, A. (2010). The European Airlines Transformation: Hypercompetitive and Long Tail Effects. MCIS Proceedings. Paper 76. http://aisel.aisnet.org/mcis2010/76 Upham, P. (2003). Towards Sustainable Aviation. London: Earthscan Publications Ltd Walker, S Cook, M. (2009). The contested concept of sustainable aviation. Sustainable Development. 17(6), p.378-390

The most effective ways to say no at work without sounding rude

The most effective ways to say no at work without sounding rude Being the hard-working determined employee in the company it is so easy to take on way more work than you can handle. The word NO is just not  in your vocabulary because of the negativity it holds. But it is time you say no without feeling guilty especially if you are feeling overworked. Work burn, job dissatisfaction, and overall bad mood can be an effect of taking on way more you can handle so before it gets to that point it is time to take action. Here are the most effective ways to say no at work without feeling guilty or sounding rude.  Source [ Business Backer  ]

Clinical Biochemistry Essay Questions Example | Topics and Well Written Essays - 500 words

Clinical Biochemistry Questions - Essay Example s disease is an autoimmune disorder in which certain antibodies are developed in the body against the thyroid gland which includes thyroid stimulating immunoglobulin (TSI), thyroid growth stimulating immunoglobulin (TGI) and TSH binding inhibitor immunoglobulin (TBII). The TSI antibodies bind to the receptors on the thyroid gland where under normal conditions TSH binds and stimulate the secretion of the thyroid hormone. While bound to the receptor to block the effect of TSH they actually lead to the increased secretion of the thyroid hormone. Because of the increased thyroid hormone low levels of TSH hormone are found in the blood. This results in hyperthyroidism with an enlarged thyroid gland which leads to protrusion of the eyeball, dermopathy and high basal metabolic rates. Hashimotos disease is also an autoimmune disorder which leads to destruction of the thyroid epithelial cells. CD8+ cytotoxic T cells and CD4+ T cells act against the gland leading to destruction of cells. Other antibodies against the thyroid include anti-TSH receptor antibodies, antithyroglobulin and antithyroid peroxidase. These lead to inflammation of the gland followed by wear out of cells. Hypothyroidism is the result which leads to enlargement of the gland. The basal metabolic rate drops and bradycardia, weight gain and somnolence are observed. Levels of the thyroid hormones, TSH, antibodies and basal metabolic rate (BMR) are checked in both the conditions. In graves disease thyroid hormone levels are high, TSH levels are low, BMR is high and antibodies specific for this disease are seen. In hashimotos disease the levels of thyroid hormones are low, TSH levels are high, BMR is low and the antibodies specific for this disease are found in the blood. There are four types of diabetes mellitus. Type 1 is known as insulin dependent diabetes mellitus, type 2 is referred to as non insulin dependent diabetes mellitus, the third type is

Sony attacked by cyber criminals Research Paper

Sony attacked by cyber criminals - Research Paper Example Once such attack is the one that was experienced by Sony Corporation, a division of Sony that deals with electronics in the United States of America with headquarters in San Francisco. This paper will look into details that case of cyber attack into the company’s website, Sony corporation, the American division of the multinational Sony organization are one of the organizations that have been affected by the computer hackers into its system and compromising data that belong to its clients. The attack, which is credited to a hacking group called collective anonymous (Amoroso, 2007). It will also dwell on the process that the hackers used in order to gain access to the Sony website and how the attack was handled by Sony, in addition the various ways I which to avoid such incidents from happening again will be discussed. Threat actors Anonymous collective or ‘Anons’ as it is referred to which is the short form for its full name is a group that was formed in 2004 that is against any form of censorship of online interactions, any type of censorship by governments or organizations where they respond by hacking websites belonging to church organizations, government agencies or departments, or organizations. In the recent past attacks have been launched to websites that belong to US, Israel and Uganda governments and in organizations like MasterCard, Visa PayPal and Sony among others. Anonymous collective, which is the group, that is suspected to have been behind the hacking of the website of Sony, is a group that is largely decentralized in its command structure without any rules that govern it rather it is governed by ideas. What sort of people would go after this type of information and why? This group, was created for entertainment purposes and the information they get which is mainly user names and passwords of subscribers is used to threaten the company to stop the directives on tinkering of play station 3. The information that they stole woul d be important on online hackers since credit card information and passwords got from the website can be used to access bank accounts of the users, therefore, the likelihood of making money transfers to their accounts (Pankaj, 2005). Investigations into the attack by anonymous collective group on Sony are going on, and it is estimated to cost the firm a total of $170 million, in the investigation. The company discovered that the data of about 8500 users’ data had been accessed. The attack did not happen as a surprise to Sony as there were some warnings that had been sent to the company. The group, which was on a revenge mission, attacked MasterCard’s website in December and was after Sony corporation had arrested a young boy of 21 years for allegedly posting information on how to modify play station 3 gaming console on the internet. The group had also announced that it was on a revenge mission that it called ‘operation payback’ on its website anonnews.org, However, in May, the group, announced the group announced that it was not responsible for the attack, but its members, operating individually may have been behind the breach on the Sony site. How did they get it? The process, which the group may have used in the hacking of th