Reading summaries Assignment Example | Topics and Well Written Essays - 500 words - 1

Reading summaries - Assignment Example 3. What Is The Difference Between The Udhr And The ICESCR? UDHR is popularly known as Universal Declaration of Human Rights. After World War II in 1948 the UDHR came into force. The purpose of developing such universal organization was to bring back peace to every countries of world. The main aim of establishing the UDHR is to remove the slave system, creating equality among the people and providing birth right to the people (United Nations, â€Å"Universal Declaration of Human Rights†). Conversely, ICESCR is generally popular as International Covenant on Economic, Social and Cultural Rights to the world. ICESCR is the part of UDHR. As the name suggests it describes the key responsibilities of work. ICESCR’s main commitment is to work for socioeconomic and traditional rights, health and educational rights and the labor rights. The work of ICESCR is similar to UDHR. The Economic and the Social is leading the ICESCR for developing the society (United Nations Human Rights, â€Å"Optional Protocol to the International Covenant on Economic, Social and Cultural Rights†). 4. What Are Some Of The Ways In Which Human Rights Doctrine Differs From Mainstream Economic Approaches In Both Goals And Methodology? Human Rights mainly contain two aspects, one is legal and another is ethical. The legal aspects shows the human rights with a justified attributes and the ethical aspects maintain the obligations or duties and humanity towards the people involved (Vasilevich and Jaaskelainen 387-405). Another way economics mainly differs in its goal and methodology from human right doctrine with an aim of protecting interests regarding welfarism, compensation and utilization of resources (Vasilevich and Jaaskelainen 387-405). 1. What is the right to an adequate standard of living? What does it include? Are there any exclusion? The right of adequate standard of living refers that one person should have sufficient amount of food, clothes and

Magnifying and Obscuring Essay Example for Free

Magnifying and Obscuring Essay The stories of John Updike’s â€Å"AP† and William Faulkner’s â€Å"A Rose for Emily† both make use of the first person point of view in narration but with very different and quite powerful effects that also affect other elements of the story. The ways in which these two stories play with the individual elements of a piece of fiction show just how important it is to make sure that these individual elements are all taken cared of and built-up with equal care and attention, because a problem with one element can result into a problem with the entire story; the elements must all be able to work together to support each other and to weave a tight story. â€Å"AP† uses the first person, non-omniscient, singular point of view (POV) narration to build rapport with the main character, Sammy [for example: â€Å"Im in the third check-out slot, with my back to the door, so I dont see them until theyre over by the bread; I could see Lengel in my place in the slot, checking the sheep through. † (Updike 560)]. This connection with Sammy is a very important one because it is pretty much the driving force of the story; learning of what’s going on in a teenage boy’s head while there are half-naked girls walking about can make an interesting read. This point of view is really what helps push the reader on along as she or he plods through the â€Å"AP† plot. With â€Å"A Rose for Emily†, on the other hand, we are given the first person, non-omniscient, plural point of view. Obviously, because it is plural it cannot be the view of the main character, Miss Emily Grierson. Instead we seem to have the entire story narrated to us by the entire town [â€Å"When Miss Emily Grierson died, our whole town went to her funeral; for a long while we just stood there, looking down at the profound and fleshless grin† (Faulkner)]. This works to increase the mystery that surrounds Miss Emily and her house because we never really knew what she is thinking or feeling. This point of view, giving an air of mystery, again, helps push the reader on to discover what happens throughout the story. Relating with the use of the POV are the different story plots. Here, we can see a great difference between â€Å"AP† and â€Å"A Rose for Emily† because we find that one is mainly character-driven while the other has a strong plot that keeps the readers going through the story. It is â€Å"AP† that is, obviously, character-driven because of its simple plot of a boy wanting to elicit the attention of some pretty girls, which is quite common. Even the events in the story and the simple chronological way that it folds are quite ordinary; it is really Sammy – his thoughts and his feelings – that make a reader interested in the story. And, even up to the ending, readers are all interested only in Sammy’s fate and no one else’s [â€Å"I felt how hard the world was going to be to me hereafter† (Updike 564)]. In â€Å"A Rose for Emily†, on the other hand, we have a story with a strong plot, aided by the effective point of view narration, which moves the story along. The story hooks readers into the plot by making them curious about who Miss Emily Grierson is from the very beginning – readers are wondering why she is a â€Å"fallen monument† and what is so interesting about the â€Å"inside of her house† (Faulkner). The non-linear timeline that the story follows also strengthens the mystery of Miss Emily because the building block to her life must be pieced together slowly and with a certain amount of intuition, at first. Now, the characters of the two stories are also very different – one is as open to us as a book laid flat-open, while the other is mystery to the very end. With Sammy of â€Å"AP†, we never seem to see a concrete glimpse of in terms of physical appearance but the readers would all know him if they met him. The first person narration lets us in on all the things that makes Sammy think and tick with that little grocery stop. In his observation of the girls, we find a young man with a keen eye and, also, an eye for beauty. He also shows us the ability of a good imagination when he imagines how the girls behave and how their relationships with each other must be like as when he describes the tall girl as: â€Å"a tall one, with black hair that hadnt quite frizzed right, and one of these sunburns right across under the eyes, and a chin that was too long you know, the kind of girl other girls think is very striking and attractive but never quite makes it, as they very well know, which is why they like her so much. † (Updike 561) Sammy, as we can surmise, is a boy that is very much in-touch with his surroundings and his imagination. The characterization of Miss Emily, in contrast, is one that is left murky and shadowy. Because we only see her through the townspeople’s eyes, we never really see her clearly; we can only watch her through the stories, the memories, and the patchwork guesses that these observers give us. But even from this blurry view of Miss Emily through a window, we can see how guarded and closed-off she is from her environment [as when she acted ignorant of Colonel Sartoris’ death (Faulkner)] – the total opposite of Sammy. In â€Å"AP†, we are set-up in a small grocery store that effectively concentrates our attention on no one and nothing else but Sammy and his current preoccupation. The AP grocery store acts as the perfect magnifying glass to help us focus on our main character and how he deals with the current situation. â€Å"A Rose for Emily† is set-up up throughout decades of a life and in different places of the town; this manner of a setting makes for even more mystery as the reader tries to fill in all the gaps between the years that the narrators had no contact nor any knowledge of what went on in Miss Emily’s life. The vast setting diffuses the readers’ minds and it wanders across time and space, searching for a complete picture of Miss Emily Grierson. These two stories, perhaps more different than alike, prove that good stories don’t need to follow a certain pattern to mold in order to be good; it is in the writer and the dedication to his work that makes a story count. Works Cited Faulkner, William. A Rose For Emily. 16 February 2008. Fu Jen University: Department of English Language and Literature. 26 June 2009 http://www. eng. fju. edu. tw/English_ Literature/Rose/el-text-E-Rose. htm Updike, John. â€Å"AP†. The Compact Bedford Introduction to Literature Eighth Edition. Ed.

Performance Management and the Law

Performance Management and the Law Carlos M Garcia   Introduction: Within an organization there are many different ways to follow and obeyed employees regulations laws. These laws are governed by federal, state and judicial legislation, made to avoid lawsuits, discrimination, and to equalize bargaining power between employers and employees. According to (Smither, J. W., London, M., 2009), information would be required based on employees performance management to take further action either against or in favor of the individual. It is legally allowed to support supervisors/ managers and the organization in case of legal action from an employee. To approach these situations, the organization should follow certain steps to be fair to its employees and meet the U.S. federal regulations laws for employee personnel actions. To minimize the risk of employee-initiated litigation, employers must develop a checklist with the points necessary to ensure compliance with fair, consistent and legally sound performance evaluation systems. Such as, Inform employees in advance of performance evaluation standards. When hiring a new employee or adopting new standards, supervisors must update job descriptions and performance assessment forms, and copies should be given to all affected employees. Document all performance problems on a regular basis and on appropriate evaluation or gradual disciplinary action forms it should be very important for the records. An accurate format for conducting the evaluations allows the most complete and accurate recording of the information. Informality, on the other hand, can lead to discrimination claims. Federal and state laws prohibit discrimination in the workplace under Title VII of the Civil Rights Act (Miller, F., n.d.). Also, give employees meaningful feedback because a vague, generalized or subjective assessments can lead to litigation. For example, when bosses tolerate an employee with performance problems for months and then suddenly give him a negative assessment and dismiss him, the employee can claim that the action was arbitrary or discriminatory and may be able to show that he was not given an opportunity to improve. Therefore, it should be essential to train supervisors in evaluating employee performance and how to manage the companys assessment system. Every organizations policies and procedures must comply based on federal and state laws related to employees, which allows equal employment opportunity, sexual harassment, safety, and much more. It is the organizations responsibility to provide every employee the policies and procedures related to federal laws such as the standards of conduct, nondiscrimination, benefits, etc. At Comcast, every employee must have a policy pocket book with them at all the time, and every year they need to review the handbook and acknowledge it. The organization must maintain new and old employees informed about U.S. federal regulation equally to all employees. A performance evaluation based on invalid outcomes can lead to adverse impacts, such as, discrimination, involve personal issues, and other situations that can lead to legal actions. For the same reason, legally defensible performance evaluation system must be implemented. Therefore, evaluators must personally know employees performance. The system adverse impact it will always exist some way or another, but it could minimize by continuous system reviews to keep a positive performance appraisal and fairly to all employees equally. Based on (Smither, J. W., London, M., 2009), by including contextual performance as part of the job performance criteria will actually reduce adverse impact in selection since the predictors of contextual performance have little adverse impact (Smither, J. W., London, M., 2009), There are different methods to evaluate performance management within an organization. Since it is not an easy task to assess the performance management to all individuals using criteria of fairness and justice, and at the same time stimulating them (Gilliland, S. Langdon, J., 1998). Therefore, to ensure fairness in the performance process: The organization should develop a system where all employees meets the needs as customers, this way the evaluation will reflect how customers would rate them, if employees do not accept the performance appraisal outcomes the system will not meet the needs and it will result in a conflict (Gilliland, S. Langdon, J., 1998). The opportunity to evaluate managers and supervisors will give employee a sense of fairness. It will help to impove the organization on various different aspect, it will help to identify any issues within the workplace related to sexual harassment, discrimination, favoritism, etc. Value employees opinions and let them participate in situations where the individual can be valued for his/ her performance. Conclusion Therefore, in order to achieve the objectives proposed by the organizations, they must have a suitable staff to compete in the demanding business environment. Therefore, it is important to express that the performance evaluation plays a fundamental role in the companies since through it is possible to determine which is more competent personnel to carry out the activities inherent to the positions. It can be concluded that when considering the human resource as a decisive factor and an important asset, well-defined performance evaluation policies must be implemented to detect failures within organizations, in order to achieve favorable changes in their structure and performance, and maintain a relationship of justice and fairness with all workers. References Gilliland, S.S., Langdon, J.C. (1998). Creating performance management systems that  promote systems of fairness. Josey Bass, 209-243 Miller, F. (n.d.). Ethical discrimination in the workplace. Retrieved on March 22, 2017,  from http://smallbusiness.chron.com/ethical-discrimination-workplace-1408.html (Links to an external site.) Smither, J. W., London, M. (Eds.). (2009). Performance management: Putting research into  action (Vol. 21). John Wiley Sons.

Different Worlds of Black Girl Lost and Baby of the Family :: Black Girl Lost Essays

Different Worlds of Black Girl Lost and Baby of the Family  Ã‚     Ã‚   Although, African Americans are considered minorities in the United States, not all of them live in poverty. Many African Americans live in a middle class society along with the dominant culture. However, many African Americans do not live in a middle class society, but rather live in poverty and have to suffer along with this poverty. For instance, Donald Goines’s Black Girl Lost and Tina McElroy Ansa’s Baby of the Family, two narrative novels, that illustrate the difference in two young African American girls lives and the society in which they inhabit. Not only do these young African American girls represent the two sides of poverty, they also represent how children can also qualify in the minority category. For example, Sandra lives in a run down apartment with a drunk mother who could care less about her daughter. In addition, Sandra remains all on her own and has to find ways in which to survive each day. But on the other hand, Lena lives in a nice size h ome with her two parents, her two brothers, and her grandmother, all who love her very much. Moreover, Lena has many family members who look after her and take extra special care for her because she is the baby of the family. Although, both Sandra and Lena lead very different lives, both are faced with challenges as a minority and as a child which questions their view on life. The home in which a child lives in is suppose to be a place of warmth, love, and protection. A home also offers other important aspects into a child’s life, for instance, self-confidence, pride, and security. If a child does not reside in a home that offers warmth, love, and protection, that child will not feel good about herself or the home in which she lives in. A child wants a home that he or she can be proud of enough to bring home a friend or two. In addition, if a child does not feel safe and secure in his or her home, then she will not posses these qualities in the outside world. Moreover, their lack of security can cause major disruptions and distractions within their everyday routine, like with Sandra. For example, the homes that Lena and Sandra live in illustrate the exact opposite of each other.

Mip for Saint Maybe Essay

â€Å"Ian had stopped rasping and ran a hand along the slat’s edge, trying to gauge the curve. All his years here, he had worked with straight lines. He had deliberately stayed away from the bow-back chairs and benches that required eye judgment, personal opinion. Now he was surprised at how these two shallow U shapes satisfied his palm. (347-348) 1. Context: This passages is found towards the end of the book in chapter 10,†Recovering from the Heart-of-Palm Flu† While making a crib for his soon to be child, Ian comes across this thought. This was around the time Ian and Rita had gotten married. It show how after Ian let and tried new things in his life that made him happier. Also this made him more open-minded as a person by seeing that there are more ways than just one to do things, and not being afraid of things that are different than what he is used to. Another interpretation is that Ian has been freed from his guilt and is now allowed to experience things, get on where his life left off so long ago. This is really the resolution of the internal conflict that Ian has been going through since the climax of the book at the start. He is now guilt free and able to enjoy life. This also really effects the kids, Thomas, Agatha, and Daphne, because they felt like they had ruined his life by having to raise him, and so they still felt like they owned him. Now they can feel content know that his life is moving forward. The Bedloe’s don’t have to carry their burdens and are all able to carry on now. 2. Significance: This connects to the essential questions and themes of Saint Maybe. Theme #2,† Redemption can only be achieved through forgiveness of oneself and others,† This shows that Ian forgave himself because he changed his life for the better. Had he not forgave himself he would still be using â€Å"straight lines†, or still be the same Ian who felt guilty about causing his brother’s death being cautious not using his â€Å"personal opinion†, and not being able to have â€Å"U shapes† or happiness with his life. So, in a sense, by being able to create what he did show that he has feels redeem, by being able to move on and try new things. This Passage also answers Essential Question #2, â€Å" Does forgiveness need to be earned or should it be given? † because it show how Ian had to work so hard to achieve the â€Å"satisfaction† of being set free from his guilt, or forgiven, for what he thought he did. Had he not tried he would have never been forgiven he would still lead a life of despair and depression and die not ever getting to enjoy his life. Another that can be answered is Essential Question #4,† Under certain circumstances do individuals deserve a second chance? †Cleary Ian need a second for what had happened. Ian blamed himself at first but since he tried so hard and changed what he is used to doing just for forgiveness he is entitled to a â€Å"second chance† a chance to live again and have a good outlook on life, to grow up. 3. Literary Devices: One literary device used in this passage is tone. The tone use here is happy and uplifting. This voice the author chose, by using worse like, â€Å"satisfied† and â€Å"surprised†, tells us he is now not the same depressed person that he once was and that he is content with where his life is now. He has stop dwelling on the past and changed for the better. Another literary device is used here is foreshadowing. It foreshadows that the rest of Ian life, and all the Bedloe’s lives, will not be plague with what had happened and will live normal lives. By being able to try new things such as the â€Å"U shapes† it shows that he has moved on and is able to try new things without the fear of making a mistake. In other words he is no longer a â€Å"saint maybe† and is a new man. This passage is really is symbolism for Ian’s forgiveness and him being able to move on. The â€Å"straight lines† symbolize Ian’s life before he forgave himself not able to put his own â€Å"†¦ judgment and personal opinion† in things because he felt guilty for what he did to his brother and was afraid to do anything like it again because he was so traumatized. After he forgave himself he was able to do the â€Å"bow-back chairs and benches† because he is able to use his opinions. He is able to do so because he is now a different person, a free (forgiven) man, able to do as he pleases, not able to doubt himself anymore. So the change in his style of wood working really displays the change in his life.

At a Crossroads

At a Crossroads At a Crossroads At a Crossroads By Maeve Maddox A reader is confused about this expression: Kindly explain the usage and difference, if any, of at a crossroad, at crossroads and similar phrases. Literally, a crossroad is a road that crosses another. â€Å"A crossroad† is the place where two or more roads intersect. â€Å"A crossroads† is also the place where roads intersect. In remote areas where roads lack signage, travelers at an unfamiliar intersection are faced with a directional decision that could have unpleasant consequences if they choose incorrectly. Figuratively, to be â€Å"at a crossroad† or â€Å"at a crossroads† is to be at a stage in one’s life–or the development of a country or an industry–when it is necessary to choose a course of action that will affect one’s future in significant and irrevocable ways. Both the singular and plural forms are seen, but the Google Ngram Viewer indicates that the plural form is more common. The expression is popular with writers who compose headlines and book titles: Trucking Industry at a Crossroads Cuba: Island at a Crossroad The Caspian Region at a Crossroad: Challenges of a New Frontier of Energy Global Health Governance at a Crossroads Cancer research at a crossroads in Germany Writers of novels and memoirs are also fond of it: I think you will agree that lifes plans are not always tied up in neat little packages. Occasionally we find ourselves at unexpected crossroads with more than one opportunity from which to choose. –Linda Lee Chaikin I see myself at crossroads in my life, mapless, lacking bits of knowledge then, the Moon breaks through, lights up the path before me  Ã¢â‚¬â€œJohn Geddes And having once chosen, never to seek to return to the crossroads of that decision-for even if one chooses wrongly, the choice cannot be unmade.  Ã¢â‚¬â€œJacqueline Carey To be at a crossroads is to be on the verge of making a decision: We stand at an absolutely pivotal crossroads in our nations history  that may well determine our future and way of life for decades to come. Three idioms that refer to the moment after the decision has been made are: 1. to cross the Rubicon This expression means to make an irrevocable decision. Its figurative meaning comes from Julius Caesar’s literal crossing of a small Italian river in 49 BCE. By leading an army across the Rubicon–the boundary between Gaul and Italy–Caesar disobeyed Roman law and began a civil war. Crossing the Rubicon is final. That’s the whole point of the expression. The following quotation suggests that the speaker doesn’t quite understand that once the Rubicon is crossed, there’s no turning back: I think the Port Authority, from a transparency/media point of view, has crossed the Rubicon as the result of recent controversies and its not going to be possible to re-cross it. 2. casting the die According to Suetonius, once he had crossed the Rubicon, Caesar said â€Å"Alea iacta est!† The Latin is usually translated as â€Å"The die is cast.† Die is the singular of dice. In those days, dice were used for gambling, but also for determining the will of the gods. Either way, once the dice have been thrown, the outcome has been determined. Example: â€Å"The Die is Cast: Russia’s Intentions in Ukraine† 3. no turning back The phrasal verb â€Å"turn back† means â€Å"to reverse the course of† or â€Å"to cause to go in the opposite direction.† Example: â€Å"For open government, there is absolutely no turning back.† In addition to representing a place where a crucial decision is made, a crossroad has sinister associations in history and in folklore. A place where two roads crossed was often chosen as the site of pre-Christian sacrifice. Recipes for black magic often include directions to bury something at a crossroads at midnight. Gallows were placed at a crossroads. The bodies of the executed–especially those of highwaymen–were left hanging as a warning. Suicides and others for whom Christian burial in consecrated ground was forbidden were buried at a crossroads. Related post: One Die, Two Dice Want to improve your English in five minutes a day? Get a subscription and start receiving our writing tips and exercises daily! Keep learning! Browse the Expressions category, check our popular posts, or choose a related post below:Punctuating â€Å"So† at the Beginning of a Sentence30 Baseball IdiomsNominalized Verbs

Employee Benefits Example

Employee Benefits Example Employee Benefits – Coursework Example Employee Benefits Addressing the inflexibility of the scheduling of the nurses and physicians Nurses and physicians are human beings too and they work this hard to take care of their families as well as pay their bills. In today’s healthcare environment, it is practically impossible to juggle the family obligations and work at the same time (Niles, 2012). The dangers of job loss or missing chances of promotion as a result of family commitments; taking care of the loved ones, family tours and trips and even taking care of pregnancies has left very many dads and moms with no other option than to choose between work and family. In this case, the specific plan in addressing the issue of high turnover rate in the organization will basically involve implementing a Workforce Planning Model (WPM) that will be evaluated and adjusted annually. Before even the WPM model is implemented, the organization will have to first conduct an assessment to understand and evaluate its employees†™ needs. Apart from establishing the needs of the employees, through employees’ need assessment, the organization will be in a better chance to plan and implement other strategies that support talent development as well as employee partnership what will help the organization work towards its organizational goals and objectives. Further, the assessment will help the organization determine if the WPM model will work well in the organization or will it have to be modified. An effective WPM is able to analyze the current work force of an organization and establish the future needs of every employee, device ways of filling in the workforce needs of the future as well as monitor the effectiveness of the workforce plans implemented in an organization. Through the use of a WPM model it will be possible to track the demands of every single nurse and physician, track their availability, track their most preferred time of working and automatically come up with work schedules that will be in the best interest for everyone.ReferenceNiles, Nancy, J. (2012). Basic concepts of health care human resource management. Jones & Bartlett Learning, LLC, ISBN 13: 9781449653293.

Free Essays on Music And The Mind

Even before film, music has been used to enhance dances, rituals, ceremonies and plays because of music's ability to characterize certain settings and determine the audience's reaction. Filmmakers also use music to accompany their works for several practical and aesthetic reasons. The job of creating the musical accompaniment for film has taken various forms, but as film production and technology has evolved, the process of scoring music for films has been refined into a standard process. This process creates a set of parameters a composer must work within in order to create new music for a film or in some cases adjust existing music. Composers invent innovative forms of musical expression unique to the specific intention of the film’s visuals. The film composer, through years of experience has acquired specific compositional techniques, that allows work within these production guidelines while still composing new, artistically revealing music that enhances the film’s s torylin! e. Through the scoring of any film, the music can easily manipulate an audience into any emotion by simply existing through the seemingly appropriate and sometimes contradicting use of space and time. The job of scoring film took on various forms, shapes and sizes through the years, as the task was entrusted to a pianist, followed by live orchestras, and briefly, according to London, gramophone records (85). Eventually, technology allowed sound to be recorded to the same film that showed the picture, which effectively re-standardized the presentation of film. Filmmakers then delivered the whole package. Up to then, the original composition of music for film existed, but was severely limited because of the "amateurism" of the local cinema orchestra (London 84). But in 1929 with the new standard of the sound-movie, the original composition of music for a specific film became standard procedure. About a decade later, composer Aaron Copland observed new ways t... Free Essays on Music And The Mind Free Essays on Music And The Mind Even before film, music has been used to enhance dances, rituals, ceremonies and plays because of music's ability to characterize certain settings and determine the audience's reaction. Filmmakers also use music to accompany their works for several practical and aesthetic reasons. The job of creating the musical accompaniment for film has taken various forms, but as film production and technology has evolved, the process of scoring music for films has been refined into a standard process. This process creates a set of parameters a composer must work within in order to create new music for a film or in some cases adjust existing music. Composers invent innovative forms of musical expression unique to the specific intention of the film’s visuals. The film composer, through years of experience has acquired specific compositional techniques, that allows work within these production guidelines while still composing new, artistically revealing music that enhances the film’s s torylin! e. Through the scoring of any film, the music can easily manipulate an audience into any emotion by simply existing through the seemingly appropriate and sometimes contradicting use of space and time. The job of scoring film took on various forms, shapes and sizes through the years, as the task was entrusted to a pianist, followed by live orchestras, and briefly, according to London, gramophone records (85). Eventually, technology allowed sound to be recorded to the same film that showed the picture, which effectively re-standardized the presentation of film. Filmmakers then delivered the whole package. Up to then, the original composition of music for film existed, but was severely limited because of the "amateurism" of the local cinema orchestra (London 84). But in 1929 with the new standard of the sound-movie, the original composition of music for a specific film became standard procedure. About a decade later, composer Aaron Copland observed new ways t...

Microsoft report as an organization for Managent Course Essay

Microsoft report as an organization for Managent Course - Essay Example Moreover, Microsoft offers assistance in managing the progress of the organization/company in the following ways: Microsoft is a multinational computer technology corporation that develops, manufactures, certifies and maintains a broad range of software products and services for computing devices. Bill Gates is the founder of the Microsoft Company. The name of the company ‘Microsoft’ is derived from the terms ‘software’ and ‘microcomputer.’ The first international office of Microsoft was established in Japan in 1978, titled ‘ASCII Microsoft.’ In 1981, the firm established an integrated business in Washington (USA). The company is headquarters in Redmond, USA. Today, its most profitable products are the Microsoft Windows operating system and the Microsoft Office suite of productivity software. The primary working system of the Microsoft was founded in 1980. Very soon, the firm started to create numerous new programs and there was no looking back! In 1983, Microsoft developed a residence computer arrangement named MSX. Since then, Microsoft beca me the largest competitor in the business for producing top-of-the-line facilities i.e., the Windows. In 2001 Microsoft launched a personal computer system. Microsoft offers various products and services which are simple, easy-to-use, and accessible for every one. â€Å"HP, the world’s largest technology company, provides printing and personal computing products and IT services, software and solutions that simplify the technology experience for consumers and businesses. HP completed its acquisition of EDS on Aug. 26, 2008.† (New HP products and services enhance Microsoft Virtualization from desktop to data centre, 2010, para.14). In order to satisfy the ever-growing needs of customers, a proper balance must be struck between the knowledge of the customer and what he anticipates from the product

An Economic Concern In A South American Country Assignment

An Economic Concern In A South American Country - Assignment Example Over the past eight years, it experienced its single drop in GDP in the year 2009 when GDP fell by 0.6 percent. This was caused by the global recession that year. But it was one of the fastest to recover. In 2010, GDP grew by 7.5 percent and for 2011; it is expected to grow 5.6 percent. Moreover, for the next five years, barring any severe external shocks like another global recession, Brazil’s economy is expected to grow by 5.5 – 6 percent (EconomyWatch Content, 2010). Much of this growth comes from the services sector. It accounts for the biggest slice of total GDP with 67.5 percent. About 66 percent of the country’s labor force is employed in this sector (EconomyWatch Content, 2010). Major industries comprising this sector include telecommunications, energy, banking, commerce and computing services. In the field of energy, Brazil is one of the largest producers of hydroelectric power. It is also the ninth largest oil producer in the world. In the field of bank ing, large foreign banks have made huge investments in the country (EconomyWatch Content, 2010). The manufacturing industry is another large contributor to GDP with 26.4 percent of the total GDP pie and employs 14 percent of total labor force. Industries found in the country are automobile and parts, machinery and equipment, petrochemicals, computers, aircraft, textiles, steel, cement and consumer durables (EconomyWatch Content, 2010). Making up ten percent of total GDP is the export sector valued at USD 201.9 billion in 2010 (Gorn, n.d.). The bulk, or 60 percent, of its exports are manufactured and semi-manufactured goods. Commodities like oil, soy, coffee, iron ore and steel has also helped increase total exports. Lastly, Brazil is touted as the world’s largest producer of coffee, sugarcane, tropical fruits and orange juice, and has the largest cattle herd in the world (EconomyWatch Content, 2010). Other agricultural products are soybeans, tobacco, cocoa, corn, cotton and f orest products. Agriculture contributes 6.1 percent of GDP and employs 20 percent of the labor force (EconomyWatch Content, 2010). 4) What are 2–3 relationships between the economic concern you selected and that specific country's economy? Brazil’s growing economy has created a total of 14 million jobs since 2003 (EconomyWatch Content, 2010). Increases in GDP means that goods and services produced by businesses were being bought either by the local market or by the export market. And businesses have responded by increasing supply through the formation of new businesses or expansion of existing businesses. This therefore leads to higher employment rates. Thus, the unemployment rate has significantly gone down over the years. While unemployment increased from 7.9 percent in 2008 to 8.1 percent in 2009, this was mainly due to the slowdown in the global economy. However, in 2010 unemployment again dropped to 6.7 percent (EconomyWatch Content, 2010). The main benefit of hig her employment is higher incomes for the people in general. With higher incomes comes better quality of life. Comparing the per capita figures for 2009 and 2010, per capita income rose by 7.5 percent for the period (EconomyWatch Content, 2010). This has translated to higher demand for goods and services. With more money in people’s hands, generally, people’s tendency is to spend, which again redounds to the benefit of

Asian business and finance Essay Example | Topics and Well Written Essays - 1250 words

Asian business and finance - Essay Example Australia, as this was a big opportunity to expand the gambling and entertainment industry in Asia5. By last year, 2006, there are 23 established casinos alongside other illegal gambling dens in Macau and the number of casinos is expected to rise. Along the development of the gambling entertainment industry mimicking Las Vegas are also the opening up of theme parks. In comparison, Hong Kong in terms of size is larger than Macau and in terms of historic significance has benefited quite well under the administration of the British government who levied a low flat income tax rate over Hong Kong before the handover in 1997. Although Hong Kong is slightly struggling politically under the leadership of the People's Republic of China (PRC), nonetheless its economic background is still going strong6. Considering that there is a small population in Macau and in Hong Kong an influx of expatriates and migrants from the Chinese mainland there is a steady, albeit more of a 'second choice' among Hong Kongers to move to Macau in search of work. Recently, Hong Kong's economic boom has been moving steadily although its tourism industry hasn't yet been able to fully recover from the Asian crisis and despite increasing numbers of tourists in 1999 to the year 20007, there is an actual decline in the tourism and hospitality industry. This is attributed to the spread of the SARS virus in Hong Kong and its open reputation for bad service. In fact, with the PRC's diversification of economy Hong Kong is no longer seen as the main financial base for the country and with this in mind if Macau's tourism industry will continue to grow it will finally overcome being under the shadow of Hong Kong's prominence. As I have mentioned above,... Macau’s increased attention by the Chinese government has resulted in China trying to diversify the economy. The PRC’s extensive means as to allow Macau to be the ‘gambling’ and entertainment hub of Asia will result in the creation of many and new jobs for the Chinese population, however Hong Kong’s slump in the tourism industry will greatly reflect on the Special Administrative Region as it is one of the major income earners for Hong Kong. The SAR however has taken steps to revive the Hong Kong tourism and hospitality industry including the Disneyland project that completed in September 2005, and last year, 2006, there were a series of tourist attractions and countless advertisements to give Hong Kong another go as a tourist destination. Although this move has yet to be seen in terms of Macau’s development as an ‘adult entertainment’ hub but it could be projected that with different aims on the two SARs could well benefit Chinaâ €™s transition towards mobilization of the modern economic global market. But Macau is selling itself short to say the least, it has not exploited its cultural traits, evident from the several Portuguese monuments that line the peninsula, it hasn’t fully understood its potential as Cheng has aptly put, its cultural ‘janus’, its fusion heritage that is nearly half a millennium old. It could have used these monuments to build Macau up not only as an ‘adult entertainment’ hub but a cultural heritage hub that needs China’s protection and maintenance.

Big Bang Theory Research Paper Example | Topics and Well Written Essays - 3250 words

Big Bang Theory - Research Paper Example This study analyzes the reality of the Big Bang Theory, all the while exploring the thoughts and ideas of members of society. Like religion, believing in the scientific definition of our origin requires an element of faith. While many may be willing to put their faith in the existence of God, other are unwilling to place their trust in science that cannot be proven beyond a shadow of a doubt. The reality is that we do not exactly what happened to turn the nothingness that existed before our universe into the vast expanse of galaxies that we know today. This paper, however, seeks to make sense of the big questions and move people towards a deeper understanding of the reality and complexities of the universe. Keywords: Big Bang, Stephen Hawking, NASA, Leonard Mlodinow, Hubble Telescope, Age of the Universe, Particle Expansion, Albert Einstein, Mass Acceleration, God Particle, Large Hadron Collider (LHC) The Big Bang Theory, Science’s God Particle Introduction/Literature Review D o you ever look into the sky, whether it is day or night, and wonder where it all started? Maybe you wonder where we came from, or how everything that we know today came about. People from all walks of life ask these questions; although how one is raised play a big part in what one is willing to accept as reality. This paper aims to explain the Big Bang Theory and how it scientifically ties into the birth of the universe. The Big Bang Theory is just one of many ideas formed in an effort to explain the process by which the universe was created. The theory is more than just conjecture, however, as it is based on scientific reasoning that has evolved through the years. Recent discoveries in the areas of astronomy and physics point to the reality that our universe did has some type of beginning, and the Big Bang Theory is an educated effort to explain the beginning and offer new insight as to our origins. Humans have long been fascinated with the universe, but few answers really existed as to how it all started. To be certain, there have been many conjectures made over the years, some based on science and others on religion, but the lingering question still existed. If there was nothing prior to the creation of the universe, there must have been a precipitating event that set off a chain reaction that formed the universe, as we know it today. While it can be argued that nobody can know for certain how the universe was created, the Big Bang Theory does seem to indicate, beyond a reasonable doubt, that there was a certain process by which this occurred. To begin a review of the Big Bang Theory, one should start at the beginning. The most commonly held belief amongst physicists is that the universe came into being about 13.7 billion years ago (Kargh, 1996). This figure takes into account the creation of the universe beginning as â€Å"singularity†. While scientists admit that they truly do not understand how this happens, singularity is attached to the term to describe an event that defies our current ability to understand certain aspects of physics. Interestingly enough, it is this fact that gives credence to the other popular theory of creation, which forms the basis for this study to follow. Singularities can be likened to black holes. Such holes are areas in the university that

E-business Project Essay Example | Topics and Well Written Essays - 3000 words

E-business Project - Essay Example Viability - To date, no site offers online musical instrument lessons. This means that this will be a "one-of-a-kind" musical site. It will address many problems besetting people who want to take lessons on playing musical instruments but either they don't have the time to physically go to places where these lessons are held or they don't have in their possession the necessary instruments. Likewise, this online experience can answer the needs of physically handicapped people who are musically-inclined and who would like to learn to play an instrument but could not due to commuting problems posed by the individual's physical disability. E-Business Model - The business model for Music Teachers Online is produced to offer a premium site with products and services with minimum overhead. This model offers a simplified site that eliminates avoidable costs and focuses on the basics of an e-business. Designing the website could cost quite a bit, depending on the experience of the business owner. If the owner were able to design the site it would decrease costs significantly, because the design will be the main cost incurred. In this case, the business owner will need the assistance of a professional web designer. A professional designer can implement the necessary formats for adding a shopping cart, setting up bulletin boards and other complicated design issues. Depending on the experience of the designer, this could cost upwards of a $1,000. The site owner needs to have or maintain a credit card (of good standing) or any of the legitimate online pay schemes available where customers can channel their purchase payments. However, once the site is up and running, there are few maintenance fees. Revenue Model - Revenue from this site will come from various sources: online lessons as well sales of musical instruments and sheet music, plus ticket sales. Other Details - This is an efficient musical e-commerce site with exponential business expansion possibilities. It is a site that will be informative and easy to use for both the customers and musical groups. It is also an aesthetically pleasing site that considers the fact that many of its prospective customers/viewers are on dial-up and quick load

A Rose for Emily Critical Analisis Research Paper

A Rose for Emily Critical Analisis - Research Paper Example Even though Emily commits the gruesome murder of Homer Baron, her lover, she must be excused on account of her powerlessness to rid herself of the imposed personality. In sum, Emily’s character and actions are born out of external influences over which she has no control. Outline I Nature of Emily’s relationship with her father II Character traits of Mr. Grierson Class consciousness Patriarchal nature III Grierson’s influence on Emily’s personality IV Murder of Homer Baron V Conclusion Analysis Emily spends most of her adult life by her father’s side. Her father objects to all endeavors by eligible suitors to marry Emily partly due to the pride of class. The Griersons had considered themselves as occupying a privileged position in the society (Ruthmann 56). They did not wish to make any kind of acquaintances with the townspeople because of the divide on matters of class. As a result of this, Emily had learnt to accept her father as the only relevant companion in her life. After her father’s death, and later after the disappearance of Homer, she remained in solitude, â€Å"After her father’s death she went out very little; after her sweetheart went away, people hardly saw her at all† (Faulkner 12). It might be necessary to examine Mr. Grierson’s character in light of its possible influences on Emily. Grierson is portrayed as a domineering father with a strong character and irreconcilable aversion to common people. He is a man who could not compromise his social status and perspectives for ordinary things. As the only man in Emily’s world, he imparted these lopsided views on the young woman thus converting her into an antisocial individual. Mr. Grierson created a private mental universe in which he could live out his fantasies of class supremacy and patriarchal prejudices. He forced his daughter to share in this world and the two adopted a bird’s eye view on the society, which they regar ding in particularly demeaning terms. Mr. Grierson desired to convert her daughter into a super-human individual that could exist beyond the touch of all that was ordinary. It was precisely because of these delusions of grandeur that he disallowed Emily to marry the many suitors that came her way, â€Å"None of the young men were quite good enough for Miss Emily and such† (Faulkner 34). This would be the beginning of the unnatural feelings of necrophilia that would later demolish the citadel of grandeur in which she had been forced into by a patronizing Grierson. Emily shares a single mind with her father and appears ready to continue this union to the physical level. Her refusal to admit the reality of her father’s death and the three days reluctance to release the corpse for burial offers strong hints at the kind of physical bond, which she had nurtured towards her father. Her father was the singular point of reference in her life of social exclusion and represented the only essence of affection and company, which she could truly relate to. With his demise, Emily’s life lost all meaning. Naturally, Emily might have fought off her genuine feelings of love and compassion in an effort to stay the course on which her father had placed her. She sacrificed her individuality and sense of self with the intention of walking the straight and narrow established by her overbearing father. The force of patriarchy, which her father so brazenly embodied, would later fend off all forms

Big Bang Theory Research Paper Example | Topics and Well Written Essays - 3250 words

Big Bang Theory - Research Paper Example This study analyzes the reality of the Big Bang Theory, all the while exploring the thoughts and ideas of members of society. Like religion, believing in the scientific definition of our origin requires an element of faith. While many may be willing to put their faith in the existence of God, other are unwilling to place their trust in science that cannot be proven beyond a shadow of a doubt. The reality is that we do not exactly what happened to turn the nothingness that existed before our universe into the vast expanse of galaxies that we know today. This paper, however, seeks to make sense of the big questions and move people towards a deeper understanding of the reality and complexities of the universe. Keywords: Big Bang, Stephen Hawking, NASA, Leonard Mlodinow, Hubble Telescope, Age of the Universe, Particle Expansion, Albert Einstein, Mass Acceleration, God Particle, Large Hadron Collider (LHC) The Big Bang Theory, Science’s God Particle Introduction/Literature Review D o you ever look into the sky, whether it is day or night, and wonder where it all started? Maybe you wonder where we came from, or how everything that we know today came about. People from all walks of life ask these questions; although how one is raised play a big part in what one is willing to accept as reality. This paper aims to explain the Big Bang Theory and how it scientifically ties into the birth of the universe. The Big Bang Theory is just one of many ideas formed in an effort to explain the process by which the universe was created. The theory is more than just conjecture, however, as it is based on scientific reasoning that has evolved through the years. Recent discoveries in the areas of astronomy and physics point to the reality that our universe did has some type of beginning, and the Big Bang Theory is an educated effort to explain the beginning and offer new insight as to our origins. Humans have long been fascinated with the universe, but few answers really existed as to how it all started. To be certain, there have been many conjectures made over the years, some based on science and others on religion, but the lingering question still existed. If there was nothing prior to the creation of the universe, there must have been a precipitating event that set off a chain reaction that formed the universe, as we know it today. While it can be argued that nobody can know for certain how the universe was created, the Big Bang Theory does seem to indicate, beyond a reasonable doubt, that there was a certain process by which this occurred. To begin a review of the Big Bang Theory, one should start at the beginning. The most commonly held belief amongst physicists is that the universe came into being about 13.7 billion years ago (Kargh, 1996). This figure takes into account the creation of the universe beginning as â€Å"singularity†. While scientists admit that they truly do not understand how this happens, singularity is attached to the term to describe an event that defies our current ability to understand certain aspects of physics. Interestingly enough, it is this fact that gives credence to the other popular theory of creation, which forms the basis for this study to follow. Singularities can be likened to black holes. Such holes are areas in the university that

A Rose for Emily Critical Analisis Research Paper

A Rose for Emily Critical Analisis - Research Paper Example Even though Emily commits the gruesome murder of Homer Baron, her lover, she must be excused on account of her powerlessness to rid herself of the imposed personality. In sum, Emily’s character and actions are born out of external influences over which she has no control. Outline I Nature of Emily’s relationship with her father II Character traits of Mr. Grierson Class consciousness Patriarchal nature III Grierson’s influence on Emily’s personality IV Murder of Homer Baron V Conclusion Analysis Emily spends most of her adult life by her father’s side. Her father objects to all endeavors by eligible suitors to marry Emily partly due to the pride of class. The Griersons had considered themselves as occupying a privileged position in the society (Ruthmann 56). They did not wish to make any kind of acquaintances with the townspeople because of the divide on matters of class. As a result of this, Emily had learnt to accept her father as the only relevant companion in her life. After her father’s death, and later after the disappearance of Homer, she remained in solitude, â€Å"After her father’s death she went out very little; after her sweetheart went away, people hardly saw her at all† (Faulkner 12). It might be necessary to examine Mr. Grierson’s character in light of its possible influences on Emily. Grierson is portrayed as a domineering father with a strong character and irreconcilable aversion to common people. He is a man who could not compromise his social status and perspectives for ordinary things. As the only man in Emily’s world, he imparted these lopsided views on the young woman thus converting her into an antisocial individual. Mr. Grierson created a private mental universe in which he could live out his fantasies of class supremacy and patriarchal prejudices. He forced his daughter to share in this world and the two adopted a bird’s eye view on the society, which they regar ding in particularly demeaning terms. Mr. Grierson desired to convert her daughter into a super-human individual that could exist beyond the touch of all that was ordinary. It was precisely because of these delusions of grandeur that he disallowed Emily to marry the many suitors that came her way, â€Å"None of the young men were quite good enough for Miss Emily and such† (Faulkner 34). This would be the beginning of the unnatural feelings of necrophilia that would later demolish the citadel of grandeur in which she had been forced into by a patronizing Grierson. Emily shares a single mind with her father and appears ready to continue this union to the physical level. Her refusal to admit the reality of her father’s death and the three days reluctance to release the corpse for burial offers strong hints at the kind of physical bond, which she had nurtured towards her father. Her father was the singular point of reference in her life of social exclusion and represented the only essence of affection and company, which she could truly relate to. With his demise, Emily’s life lost all meaning. Naturally, Emily might have fought off her genuine feelings of love and compassion in an effort to stay the course on which her father had placed her. She sacrificed her individuality and sense of self with the intention of walking the straight and narrow established by her overbearing father. The force of patriarchy, which her father so brazenly embodied, would later fend off all forms

Financial Analysts Questions Essay Example for Free

Financial Analysts Questions Essay Technical Questions 1. Can you explain quarterly forecasting, updating revenue and expense models? 2. What projects have you implemented these skills? 3. In conjunction with these projects how do you execute input of detailed plans and forecast into the financial systems? 4. Describe how you coordinate plan transfers. 5. Are you familiar with creating daily sales reports? 6. What processes do you use to create reports? 7. Have you created month-end sales reports? 8. Have these reports involved your knowledge of analysis concerning actual and planned revenues, balance sheets and expenses? 9. Can you describe the practices you use for analysis of financial and management reporting? 10. Do you have experience in annual planning processes? 11. What profitability models have you used for forecasting a project? 12. Are you familiar with developing business casing and ad hoc analysis? 13. How would you maintain these items during a project? 14. Have you ever worked on a budget for an expansion program? 15. What financial practices did you target for this project? Responsibility 1. How do you relate with program administrators and financial personnel? 2. Do you compile and share monthly data involving income, investment, sales forecasting, shipments and cash flow reports? 3. What long range plans have you implemented for the business area? 4. Are you accounting and knowledge of financial systems abilities used to corporate profit/loss reports? 5. Have you been responsible for maintaining a financial system database? 6. Have you ever prepared work force reviews? Technical Tasks Questions 1. What computer systems would you use to prepare illustrated technical reports using graphs, spreadsheets and draw charts? 2. What various securities in this industry are you familiar with and how would you compare and evaluate? 3. How do you Interpret data concerning investment programs? 4. Can you define price yields, stability economic influences, future trends and investment risks? 5. How do you achieve knowledge of developments in the fields of industrial technologies? 6. Can you relate some basic business, finance and economic theories? 7. What monitoring skills do possess involving economic, corporate and industrial developments? 8. What steps do you take when preparing plans of action for financial analysis? 9. Have you presented oral or written reports on entire industries, individual corporations or economic trends? 10. Can you describe some recommendations you have to companies or individuals concerning investment procedures? 11. How do you attract new corporate clients? * How has your degree prepared you for a career in Financial Analysis? * Tell me about a financial analysis you completed on a case in one of your classes? * Describe a previous situation where you have demonstrated your analytical skills. * What interests you most about a financial analyst position? * What quantitative courses have you completed? What were your grades in each of them? * How will you be able to handle working long hours and studying for the CPA exams at the same time? * How can India improve its competitiveness? * What stocks do you follow? Why? * What is a cash flow? * What is a present value analysis? * Describe at least three methods of valuing a company. * If you had a $1,000 investment that went down 40 percent and then up 20 percent, what would your investment be worth? * What is your opinion of derivative statements? * Describe EVA and how it can be used to determine the attractiveness of potential projects. * Describe the advantages and disadvantages of using EVA, NPV, discounted cash flows, and payback period as methods of determining the attractiveness of potential projects. * Explain activity-based costing. What are its pros and cons? * Explain marginal costing and standard costing. * Explain ratio analysis. * How does A/R and inventory fluctuations affect the income statement? * Walk me through a DCF analysis. * How do you get to EBITDA from revenues? * When you are given a large financial analysis project to do, what are the first things you do? * Describe a decision you had to make on your own regarding the credit risk of a new client. What was the outcome? * Tell me about a financial analysis decision you got wrong. What was the outcome? What did you learn from the experience? * Describe your level of experience with the software used in your position as a financial analyst. * What steps have you taken to improve your technical writing ability?

Tesco Plc

Tesco Plc Strategic analysis: a case study of Tesco Plc with reference to Chinese market  · Introduction: This assignment is relating to strategic analysis of Tesco Plc. Main focus is given on global expansion of Tesco in Europe, Asia and U.S. it is difficult to sum up all strategies that has been adopted by Tesco PLC in different parts of the world therefore to be more effective emphasis will be given on strategic analysis of Tesco in China. Furthermore this assignment is focused on the reasons why Tesco has opted to go international. I will analyse certain aspects such as location advantage, to analyse that what was the reason that Tesco has chosen Asian market for it business operation and will include pull factors such as cheap labour, low production cost and increased population, ownership advantage i.e. Toscos reputation, name recognition and goodwill etc and Internalization that how Tesco handles it markets secrets (not to be copied by its competitors) by securing ownership control, as in Chinese market Tesco successfully entered with 51%-49% joint venture with a local company but to secure absolute ownership Tesco increased its shares to 91%. The assignment will also concentrate upon push factors that what were the reason in the UK market that compelled or instigated Tesco to expand its operation to overseas markets. These reasons include UK market saturation, overseas market size, increased economic growth in the home market that enables the company to invest in foreign market and less opportunities of financial growth in the local market because of high competition, exploiting resources etc I will also link different theories with Tesco global strategy i.e. (1) Strategic international expansion (2) Porters five forces (3) Porter diamond model (will be exhibited in appendix) (4) Swot analysis (will be exhibited in appendix) (5) Dunnings electric theory etc It will also analyse the role of Tesco club card loyalty scheme in gathering information from its customers in order to know customers behaviour and need. Furthermore the study also concentrates upon Toscos strategic initiatives i.e. customers focus, act local, maintain focus, use multi formats, developing capacity and build brand etc which is used by the company in its domestic market and overseas. The assignment also contains a COMPARISON OF Tesco with its market rivals i.e. Wal-Mart and Carrefour and their strategic approaches in overseas markets. Similarly the study will also look at Tescos strategy of sourcing to low cost producers and Tescos own brand i.e. Tescos value products etc.  · Company background: Tesco was founded by Jack Cohen in 1919. Since its inception the company has gone through different development stages and Tesco is now one of the UKs largest retailers and is one of the top three retailers in the world. Tesco is operating business activities in three main regions in the world i.e. Europe ( Republic of Ireland, Hungary, Czech Republic, Slovakia, Turkey and Poland) Asia ( China, Japan, Malaysia, South Korea, Thailand and India) and U.S . The company has 3,799 stores located in Europe, Asia and U.S and has employed over 440,000 people around the world.[1] Tesco has adopted different strategies for gaining entry into foreign markets i.e. Acquisition of The Three Guys chain in Ireland in 1979, Acquisition of Catteau in France in 1992, Acquisition of 51 per cent of Global in Hungary in 1994, Acquisition of K-Mart business in Czech Republic/Slovakia in 1994, acquisition of Savia in Poland in 1995, acquisition of ABFs Irish food retailing business in 1997 Acquisition of 75 per cent share of Lotus in Thailand in 1998, Partnership with Samsung (81 per cent) and the acquisition of Homeplus in South Korea in 1999, Acquisition of one Makro store in Taiwan in 2000, Joint venture with Sime Darby Bhd (Tesco share 70 per cent) in Malaysia in 2001, Acquisition of HIT hypermarket from Dohle Gruppe in Poland in 2002, Acquisition of the C Two (C2) in Japan in 2003,[2] Joint Venture in China and wholly owned subsidiary in India. Strategic analysis of Tesco: The main driver of Tescos successful business is because of overseas expansion, moving to higher margin non-food merchandise and maintaining a strong UK core business. Its UK success has been built on low prices, cultivating customer loyalty, offering a range of different store concepts and expanding into retailing services, such as banking and insurance. Tescos focus on non-food items has led some to wonder whether it is fair to compare Tesco with the other grocery retailers at all as it seems to have become a consumer goods company.[3]  · Tesco long-term strategy: Tesco is growing with enormous speed. The company is following its long-term strategy based on five main initiatives, i.e. core UK business, international growth, Non-food, retailing services and community plan are the main objectives of achieving its long term success. Tesco has adopted an effective and constant growth strategy which has enabled the company to strengthen its core UK business and expand into new developed and developing markets around the world. The rationale for the strategy is to develop the scope of the business to enable the company to deliver strong, sustainable long-term growth and competitiveness by following the customer into large expanding markets at home and overseas by serving their needs through selling a wide range of products and services such as food products, financial services, non-food products and telecoms etc.[4] The strategy of diversification and global expansion of Tescos business operation was laid down in 1997 and has been the foundation of Tescos success in recent years. The new businesses which have been established and developed over the last decade are competitive and profitable and have enabled the company to lead largest market outside the UK.  § Core UK business: UK is the biggest market for Tesco and the company aims to provide all its customers with excellent value and choice. The company has developed a range of formats such as Tesco Express convenience stores, Tesco Metro stores, Tesco Super stores and Tesco Extra Hypermarkets.[5] The UK grocery retail market remains the largest source of revenue for Tesco, representing some 50% of last years (2008)  £59.4 billion of sales.[6]  § International growth: Tesco is expanding its presence across the world with main focus on customers need. For the purpose of better understanding of local customers and providing excellent services Tesco employees local staff which helped the company to achieve market leading position in Asia and across Europe. The company is giving more emphasis upon developing a range of local formats i.e. Express stores and Value stores in order to serve the needs of smaller communities. The companys overall performance of overseas businesses was very strong in 2009, particularly against the background of increasingly challenging trading conditions in international markets as the effects of the economic downturn on consumers have grown and spread around the world. [7]  § Non-food: In the beginning Tesco was popular as a food retailer but with the passage of time non-food remains an important part of Tescos strategy and the company continue to grow both sales and market share. Tesco has adopted the policy of differentiation and has now extended its policy to selling non-food items such as clothing, electrical goods, books etc.[8] Similarly Tescos online non-food business, Tesco Direct, continues to grow rapidly, increasing sales by more than 50% in 2009. The company is also planning to introduce an online clothing offer making fashionable, affordable clothes easier to buy for many more customers.[9]  § Retailing Services: Developing Retailing Services has been part of Tescos strategy for over a decade with the aim of bringing value and simplicity to customers through services such as telecoms and financial products. After ten years of success, we have given it a renewed focus and in July we announced that Andrew Higginson would relinquish his role as Group Finance Director to take on the role of Chief Executive of Retailing Services. He has assembled an experienced team to really drive forward this part of the strategy, which we believe has the potential to deliver  £1 billion of annual profit in the next few years.[10] With the rapid changing life style for satisfying customers needs Tesco provides new products and services like online shopping, personal finance and telecoms etc.  § Community plan: Tesco is also playing an active role to be a good neighbour in the communities where the company operates its business activities. We understand the importance of behaving responsibly in all our operations. Over the past year, we have worked even harder to be a good neighbour and have strengthened our contribution to the wider communities we serve.[11] All communities have their own individual concerns and priorities and so each of our countries has its own Community Plan. Whilst the goals and targets are tailored specifically to each country, each plan is underpinned by five core promises: actively supporting local communities; buying and selling our products responsibly; caring for the environment; giving customers healthy choices; and creating good jobs and careers.[12] Tesco believes that its success depends on listening to the customers, and responding to their feedback by giving them what they want. Often the most significant contributions the company can make to communities are at the truly local level and so over the past year the company have appointed over 250 Community Champions in stores and depots across six countries. These members of staff are dedicated to working with local schools, charities and services to support the causes that matter most of its customers.[13]  · Tesco in Europe:  · Tesco in Asia:  · Tesco in U.S:  · Tesco FDI: Foreign Direct Investment plays an important role in global economic growth and development. Due to global economic system competition increased and different governments are making strategies to reduce or remove trade barriers and encourage foreign companies for investment. Multinational companies are trying to enter new emerging economies to gain competitive advantage over their competitors.  · Tesco JV:  · sourcing: To ensure that we offer the best possible prices for customers we buy many products globally so that we benefit from our scale. We have an international sourcing office based in Hong Kong which is responsible for buying 100,000 non-food products for the Group. The international sourcing operation has seen rapid growth in the last few years and now sources 60% of our clothing in the UK and 40% of hardlines, including electricals, homewares, entertainment, toys and books. In Europe it provides over 25% of our hardlines and 85% of our clothing and we have recently started to source products for Asia. In the last year our international sourcing team shipped 72,000 containers from 54 ports.[14] We also have sourcing centres in China, India, Sri Lanka, Bangladesh and Turkey, with smaller offices in Thailand, Czech Republic and Italy. [15] We have invested in buying hubs where we have a critical mass of suppliers and shipment volumes. It helps to be close to our suppliers so that we can ensure great quality products, delivered from ethical sources, on time and at the best price.[16] Where possible we try to source products direct from factories rather than through agents or middlemen. This way we can ensure the lowest possible cost price as well as making sure that our products are sourced safely and fairly. We also manage to strip out more costs by consolidating freight volumes. This gives us the best shipping and transportation rates, which can be passed on to the customer in the form of lower prices.[17] Strategic analysis of Tescos expansion to china: to look at Tescos expansion strategy into Chinese market there are many factors involved. Reasons of Tesco global expansion: Tescos expansion was spatially characterised as being largely regional in nature and less global oriented. Cautiously, Tesco had decided to dominate the smaller central European markets that were unlikely to attract much attention from the large retail multinational peers such as Carrefour and Wal-Mart who preferred to focus on the larger markets. The company incrementally entered markets rather than entering several markets at the same time.[18] Tescos huge growth in this country is a hard act to follow. With the domestic market increasingly saturated, some UK supermarket chains, namely Tesco, Sainsbury (who have now sold their interests in the USA) and MS have looked to overseas markets to maintain their positions. This is a whole new ball game, bringing into play competition with large firms from other countries, such as US retailing giant Wal-Mart and French multinational Carrefour.[19] Main reasons for an organization to expand their business operation to overseas markets include saturated markets, growing economies and improving transportation systems and in some countries business environment seems more attractive than others. Most recently, Tesco has moved into China and the USA, and its rivals i.e. Carrefour has started pulling out of some eastern European countries while focusing on its Chinese strategy and Wal-Mart is also expanding business operation aggressively worldwide.[20] Determinants of foreign market entry modes: The choice of entry mode into a foreign market has a great impact on the success of a firms international operations, so consequently, related theories and critical determinants will be represented in the following section as to understand the relationships between MNEs and different factors. Mode of entry into foreign market: Tesco used a combination of multinational entry mode strategies within one country. As previously discussed, Tesco entered the central and eastern Europe by acquiring a relatively small chain of convenience stores in Hungary, a supermarket business in Poland and a department store chain in the Czech Republic and Slovakia (see Table II). It was certainly unusual for such a large public company to become involved in these operations, and even competitors at the time questioned the logic of their approach. However, the use of â€Å"seed acquisitions† with a view to develop knowledge of the market before expanding organically through store-by-store development allowed Tesco to minimise their own human and financial capital in the face of potential economic and political uncertainty.[21] There are a number of strategies that can be adopted by an organization as a mode of entering into foreign market i.e. foreign direct investment, wholly owned subsidiary, joint venture, franchising, licensing and contract manufacturing. Some of these strategies are associated with high risk such and needs high investment and management skills i.e. wholly owned subsidiary and direct acquisition and some of them are exposed to minimal risks from overseas markets i.e. licensing, franchising, contract manufacturing and joint venture. Joint venture is a lowest risk strategy that accompanies greater benefits for the organization such as gaining overseas market knowledge and knowing consumers behaviour from overseas partner, risk sharing and gaining quality management capability.[22] Tesco has opted joint venture in order to gain entry into Chinese market. The company has gained a substantial presence in China in 2004 by signing an agreement of 51%-49% joint venture with a host company Shanghai Hymall Commercial Retail Group which was subsequently increased to 90%-10% in 2007.[23] Market attractiveness: Reasons of global expansion: There are a number of push factors and pull factors that plays an important role in an organizations decision of expanding business operation to foreign markets. The following are the main factors that motivated Tesco to invest in China. Push Factors: Home market saturation: When a business organization decides to enter into a foreign market there are a number of push factors that instigates such organization to invest in foreign market. In the case of Tesco the main factor of its global expansion is home market saturation as there is no room for further expansion because of large number of retailers and high competition. Increased capital gain from home market: Another reason of business expansion to Chinese market could be increased capital and better performance of Tescos business in the UK market which has enabled the company to expand its business to more profitable regions i.e. china. Pull factors: Foreign market attraction: The existence of potentials and financial gains in overseas markets are important pull factors that attract foreign companies to invest in such markets. Chinese market is expanding with enormous speed and it has been predicted that the market will worth $596bn by 2010 which gives an insight to foreign companies i.e. Tesco and its rivals, to exploit the existing potentials in Chinese market.[24] High quality production at low cost: Similarly high quality production at lower cost and the availability of cheap labour is another pull factor that attracts foreign investment. To look at China labour is very cheap and the country is capable of producing high quality products at competitive cost, there for it is very advantageous for Tesco to invest in Chinese market. China is the prime location of sourcing for Tesco products within china and for its business in the rest of the world. Tesco club card loyalty scheme: Tesco is using club card loyalty scheme as a marketing tactics in order to know customers behaviour in purchasing products from Tesco[25] and in return this scheme leads to customers commitment to do business with the organisation, to purchase their goods and services repeatedly, and recommend the services and products to others.[26] Dunnings: To make an effective strategic analysis of Tesco in Chinese market it would be better to take into consideration the Dunnings Electric theory. This theory includes location advantage, ownership advantage and internalization. Motives of International Expansion Many companies expand their business internationally, and compete within the globe market. They know their domestic market better than abroad, and they may face the customs, language, tariff regulations, transport systems and volatile foreign currencies for international operation. This means they will have to face many new challenges, if they decide to enter into a new foreign market, but why do they do so? There are several motives for international expansion (Jobber, 2001). Saturated domestic markets: There are few opportunities for the company to expand in the domestic market with sales and profit pressure. This is one of the major drivers of international expansion. Many of the European supermarket chains were fuelled by the desire to take a proven retailing formula out of their saturated domestic market into overseas market. Small domestic markets: For some industries, survival means broadening scope beyond small national markets to the international arena. Companies cannot compete against with other strong global competitors. Therefore, internationalisation is the fundamental condition for them to survival. Low-growth domestic markets: when economy is in recession at home, companies want to seek new marketing opportunities in more buoyant overseas economies. Customer drivers: Customer expectation is also one of the factors, which affect the companys decision to go international. This is increasingly common in advertising, with clients requiring their agencies to coordinate international campaigns. Competitive forces: when the several companies in the same industry go abroad, this cause others to follow in order to keep the market share and growth rates. This is particular in oligopolistic industries. The attack of the foreign competitor entering into the domestic market is also another factor affecting a companys decision to go abroad. Cost factors: High national labour costs, shortages of skilled workers, and rising energy charges can raise domestic operation costs to uneconomic levels. These factors may stimulate the company to choose foreign direct investment in low costs areas, such as Asia, Central and Eastern Europe. Foreign market expansion can also reduce costs by gaining economies of scale through an enlarged customer base. Portfolio balance: Marketing in different regions provides the opportunity of achieving a portfolio balance, and each region may have different growth rates. By marketing in a selection of countries, the problems of recession in some countries can be balanced by the opportunities in more buoyant economies in other countries. First Buy successful companies abroad, not ones that need turning around:There followed a strong expansion overseas in the 1990s, with ever more significant movement into growing markets such as Hungary and the Czech Republic, Thailand and South Korea. Here Tesco was buying into successful companies, but also ensuring neighboring markets were targeted and that its expansion strategy included eventual market domination. Hence the second lesson for internationalization success: Second It is all about market synergies and market share: Internal strategic processes. One of the chief concerns for retail strategists is market selection. Tesco decided to enter into markets where local competition was soft, hence the initial forays into Eastern Europe and South East Asia, away from the harsh gaze of other expanding giants such as Wal-Mart. Tesco also adapted to opportunistic events, and decided on different entry modes in order to develop knowledge. Hence the next lesson: Third You will never learn anything until you open some kind of store somewhere: External strategic processes. Tesco were comparatively weak internationally compared to bigger, more experienced rivals, despite their increasing dominance in the UK, but it nevertheless decided on an aggressive, organic expansion strategy in its target markets that left some analysts wondering about its long-term prospects. However after sticking with the strategy, it has been paying off, with its vulnerable period seen as a necessity for long-term growth internationally. It also had problems over planning procedures in foreign countries, particularly Ireland, but negotiated with central government for mutual benefit. Also key were Tescos dealing with shareholders, who were initially wary of risking their investment abroad, and there were reports that the City held back expansion within European in the 1990s. However as initial forays such as Catteau became successful, however gradually, soon the debate surrounded the pace of expansion. Tesco initiated a ‘‘ What is apparent from the completed study is that despite concerns from analysts and shareholders about its internalization strategy, and despite negative local press and resources issues, Tesco got it right. public relations exercise to get shareholders more on board with their internationalization strategy, although this was seen through by many, and exerted debatable influence. Internal operation functions. Many international ventures founder on the failure to commit enough human capital to a project, and this constituted Tescos next lesson. Fourth Use strength and size at home to secure the best human resources overseas In order to compete with the likes of Carrefour in their own jardin, Tesco had to make sure it had the very best people on hand to drive its expansion. Experience with financial capital and marketing were also imperative, ensuring that the correct strategies and knowledge was on hand in foreign markets. This is particularly the case in the latter category, where expansion can be seen as an invasion by the home press. While Tesco almost inevitably suffered some bad press initially, the adoption of an intensive PR campaign once business success started to develop overseas highlighted the need for an evolutionary marketing strategy. [27] Factors underlying Tescos success An analysis of the UK online grocery market highlights five factors that have been critical to Tescos success profit model focus; smart mover entry; leveraging â€Å"reach†, â€Å"richness† and â€Å"affiliation† (Evans and Wurster, 1997); strategic positioning (Mintzberg and Waters, 1985; Hamel, 1997); and brand power. [28] The first ‘Fresh Easy Neighborhood Market opened in Hemet, 75 miles east of Los Angeles on 1st November 2007. As the Financial Times commented: ‘Tesco†¦has staked its fortunes on an innovative new store that is about a quarter of the size of a traditional US supermarket, building on the success in the UK and Europe of its Tesco Express local stores. Some elements of the Hemet store will be familiar to UK shoppers. But the store also includes a â€Å"kitchen table† where a staff member heats up samples of prepared foods such as pizza and chicken curry. In a further innovation, all the check-out registers require customers to scan their own goods with staff on hand to assist (Financial Times, 4 November 2007).  · Conclusion: [1] Tesco Introduction: cited at http://www.cn.tesco.com/en/aboutus/aboutus_history.htm [2] P. Mark (2005), Retail multinational learning: a case study of Tesco, Aston Business School, Aston University, Birmingham, UK, International Journal of Retail Distribution Management Vol. 33 No.1, 2005 pp. 23-48 Emerald Group Publishing Limited [3] Corporate Watch UK, Tesco: a Corporate Profile: Cited http://www.corporatewatch.org.uk/?lid=252 [4] Tesco p Annual Report and Financial Statements 2009 [5] Tesco Introduction: Cited http://www.cn.tesco.com/en/aboutus/aboutus_enterprise.htm [6] Tesco p Annual Report and Financial Statements 2009 [7] Tesco p Annual Report and Financial Statements 2009 [8] Tesco p Annual Report and Financial Statements 2009 [9] Tesco p Annual Report and Financial Statements 2009 [10] Tesco p Annual Report and Financial Statements 2009 [11] Tesco p Annual Report and Financial Statements 2009 [12] Tesco p Annual Report and Financial Statements 2009 [13] Tesco p Annual Report and Financial Statements 2009 [14] Tesco p Annual Report and Financial Statements 2009 [15] Tesco p Annual Report and Financial Statements 2009 [16] Tesco p Annual Report and Financial Statements 2009 [17] Tesco p Annual Report and Financial Statements 2009 [18]International Journal of Retail Distribution Management Vol. 33 No. 1, 2005 pp. 23-48 Emerald Group Publishing Limited 0959-0552, p 30 [19] Corporate Watch UK, Tesco: a Corporate Profile: Cited http://www.corporatewatch.org.uk/?lid=252#world [20] Wal-Mart, Tesco and Carrefour do battle in the East, VOL. 24 NO. 2 2008, pp. 5-7, Emerald Group Publishing Limited, ISSN 0258-0543 [21] International Journal of Retail Distribution Management Vol. 33 No. 1, 2005 pp. 23-48 Emerald Group Publishing Limited 0959-0552, p 31 [22] Wal-Mart, Tesco and Carrefour do battle in the East, VOL. 24 NO. 2 2008, pp. 5-7, Emerald Group Publishing Limited, ISSN 0258-0543 [23] Wal-Mart, Tesco and Carrefour do battle in the East, VOL. 24 NO. 2 2008, pp. 5-7, Emerald Group Publishing Limited, ISSN 0258-0543 [24] Wal-Mart, Tesco and Carrefour do battle in the East, VOL. 24 NO. 2 2008, pp. 5-7, Emerald Group Publishing Limited, ISSN 0258-0543 [25] Tesco American Dream, Doing it differently, Emerald insight, VOL. 24 NO. 2 2008, pp. 11-15, Emerald Group Publishing Limited, ISSN 0258-0543, p 13 [26]T. J. Jason. W. Karen (2006), University of Abertay, Dundee, UK, British Food Journal Vol. 108 No. 11, 2006 pp. 958-964 Emerald Group Publishing Limited 0007-070X (originally cited in (McIlroy and Barnett, 2000, p. 348). [27] The secrets of Tescos expansion success, How the UKs largest supermarket is creeping up on Carrefour and Wal-Mart: DOI 10.1108/02580540510630650 VOL. 21 NO. 11 2005, pp. 5-7, Emerald Group Publishing Limited, ISSN 0258-0543 [28] The UK grocery business: towards a sustainable model for virtual markets Ray Hackney Manchester Metropolitan University, Manchester, UK, and Kevin Grant and Grete Birtwistle Glasgow Caledonian University, Glasgow, UK, International Journal of Retail Distribution Management Vol. 34 No. 4/5, 2006 pp. 354-368, Emerald Group Publishing Limited

George Wilhelm Friedrich Hegel Essay -- essays research papers fc

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The Power Struggle between the President and Congress Essay -- Papers

The Power Struggle between the President and Congress From the inception of the Constitution, there has always been a power struggle between the President and Congress. In the beginning, Madison and the Jeffersonians were placed in a gridlock with Hamilton and his school of political philosophy. Andrew Jackson fought to extend the powers of the President, then Congress spent 50 years fighting to repeal the powers of the Executive. Abraham Lincoln refined Jacksonian presidential politics, then Congress impeached his successor, Andrew Johnson, for fear of another quasi -- tyrannical President. Even today, a Congress, whose majority is of the same party as the President, fights 24 hours a day to check the power of President George W. Bush. But why, and how? Inherent Power Struggles Within the Constitution: Article I, Section I -- "All legislative powers herein granted shall be vested in a Congress of the United States, which shall consist of a Senate and a House of Representatives" VS. Article II, Section I -- "The executive power shall be vested in a President of the United States of America" Article II, Section II -- "The President shall be the Commander in Chief of the Army and Navy of the United States, and of the Militia of the several states, when called into the actual service of the United States" - The Founders' ambiguous and contradicting language sets the stage for a power struggle between the Executive and the Legislative branches - Being that the Founders were political masterminds, they realized that unique circumstances would demand some deviations from the restraints that the Constitution places on both the Executive and the Legislature - Founders anticipated that during times of crisis', the nation would need ... ... in office and how the congress will act toward the President; whether he be a President that demands respect or one who forfeits it and whether the Congress gives in to the demands of the Executive or if the Congress comes down on t he Executive like a hammer on a nail. This can be accomplished by viewing the circumstances in which a President takes office, the manner in which he carries himself during his term, and the way in which the President leaves as Commander in Chief. Conclusion: The President has neither gained nor lost power. There exists the same balance between Executive and Congress as there was when Washington was sworn in as America's first President. The only difference between then and now, is the fact that today we must wade through the layers of insignificance and precedents that history has forged against us, the political thinker and historian.

Ellb3 King Lear Theme of Power

Explore the ways in which Shakespeare presents attitudes to power in this passage. In your answer you must consider how the playwright uses literary, linguistic and rhetorical devices and conventions to create specific dramatic effects. The theme of power is explored extensively in the play and in this first scene the theme is already established. This scene takes place after Kent and Gloucester's conversation about Gloucester's illegitimate son Edmund, the dark subplot within the play draws out the theme of power in the main plot, for example the power Gloucester asserts as a father is parallel to the power King Lear has.Power is an important theme within the play because many of the characters abuse their power and use power as a tool for manipulation and control, other characters on the other hand, desire power and authority but ultimately power corrupts all. This scene is set in the king’s court and this extract is an example of family talk which at times is intimate but i t is also an example of public talk, the language in this passage is purely for regulatory and performative purposes.This highly formal public context creates tension and the speech itself opens with an important topic, the audience know that king Lear intends to divide his power and kingdom among his three daughters but demands they publicly profess their love for him. â€Å"Conferring them on younger strengths, while we unburdened crawl toward death†, the imagery in the opening of the scene here is of a feeble old man indicating King Lear's retirement and the loss of his power suggesting he is weak and vulnerable like an infant.Due to the public context the register throughout this passage is formal and the king’s speech appears to be rehearsed. In this passage the king is the primary speaker because he establishes the topic of conversation and sets the agenda, â€Å"meanwhile we should express our darkest purpose, give me the map there†. As we would expect hi s is the character with the most status and authority and his role as King allows him to open his speech with this imperative sentence. Furthermore, the modes of address used by the characters on stage also reveal more about the theme of power.Lear’s daughters address him as â€Å"Sir†, â€Å"your majesty† and â€Å"your dear highness† suggesting he is not only asserting his power as a king but as a father. We have character revelation here as Shakespeare reveals Lear's hamartia, by having his daughter quantify their love for him indicates that he is arrogant and hubristic. Lear takes the most turns and his utterances are generally longer than the other characters as he speaks for the longest amount of time. His short response to Cordelia â€Å"nothing, nothing will come of nothing† indicates that the he is trying to maintain control over the conversation.The adjacency pairs here are broken because â€Å"nothing† is a non-expected response, this suggests that this is an unsuccessful conversation and reveals more about their relationship. In this conversation the adjacency pair is subverted by Cordelia creating tension on stage: Lear and Cordelia are both flouting Grice's maxim of quantity as Lear says too much and Cordelia says too little which is further evidence of their conversation being unsuccessful. Goneril and Regan clearly abuse their father’s power as they try to deceive him.The declarations of love made by the two daughters have been crafted to flatter Lear, they are exaggerated and the insincerity of this is shown through Shakespeare's use of poetry. A good example of this is, â€Å"sir I love you more than word can wield, the matter dearer than eyesight, space and liberty. † In other words, the substance of Goneril’s love is too great or weighty to be expressed. Similarly, the phrase, â€Å"a love that makes breath poor and speech unable† is hyperbolical as Goneril again tries to make her love seem priceless.Regan’s declarations are even more exaggerated than her sisters', â€Å"I am made to that self mettle as my sister and price me at her worth†. She tells her father that her own pleasure lies solely in the enjoyment of his love but her sister’s love is only a means to an end. The synthetic language used here to manipulate Lear's vulnerability reveals that Regan desires to gain more power and control. It is clear that both their speeches are insincere and this creates tension because the audience can see that when the daughters declare their love for their father, they are in fact declaring their greed.This is then juxtaposed by Cordelia’s simple and minimal responses; â€Å"I love your majesty according to my bond, no more nor less† showing that she speaks of her love more honestly. Cordelia's asides allow her to build a relationship with the audience. These asides may appear spontaneous but Shakespeare has carefully cr afted them for her speech to appear sincere and honest. When Cordelia is asked to express her love towards her father, she answers with â€Å"nothing†. Lear’s interrogative reply â€Å"nothing? suggests her simple answer has comes as a shock to him and the court, this response instantly changes both the mood and the tone within the scene. The short exchanges between Cordelia and Lear and the caesura in this line disrupts the iambic pentameter and the regularity of the blank verse creating dramatic tension on the stage. Lear orders Cordelia to â€Å"speak again†, this imperative reveals frustration and anger at which point his volume would increase. Cordelia delays her speech as she refuses to take part in Lear’s ceremonial ‘love test' suggesting that she has some degree of power.Her long pause creates an awkward silence on the stage and adding further to the tension between the characters and creating suspense. Lear's attitude to power is clearly o ne of pride and arrogance which prevents him from seeing the true nature of Goneril and Regan’s appearances and their hypocrisy. He foolishly believes their excessively sweet and sentimental declarations and this is what makes this passage so dramatic. The power he asserts in this passage blinds him as he rejects the truthful Cordelia who he has banished from the kingdom.