Advanced financial accounting Essay Example | Topics and Well Written Essays - 4000 words

Advanced financial accounting - Essay Example The use of Fair value of in the UK’s Financial Reporting Standards appears to take the position of the US Academics which is conservative in character. This is supported by the statement of The Association of Chartered Certified Accountants (ACCA) which stated that the UKs Accounting Standards Board (ASB) has put itself in a potentially serious conflict with the International Accounting Standards Board over the use of fair value.1 ACCA reported the response the IASB’s discussion paper ‘Fair Value Measurements’, where the ASB made clear it rejection of much of the underlying rationale of the IASB’ paper’s proposals. The ASB seemed to have asserted that the use of the US approach to fair value was not appropriate in Europe. While the US standard SFAS 1572 could useful as a methodology to know market-based exit prices, as admitted by the ASB, the UK board is not fully convince that the assumption that fair value3 should necessarily be equated with exit value.4 ASB does not also accept to have a ‘one size fits all’ approach to fair valuation as it suggested instead ‘standard by standard’ basis. It also criticized the statement â€Å"that fair value should always be assessed from the perspective of a market participant, rather than the entity† as it asserted more prominence to be given that would address the importance of entity-specific measures.5 Given the position taken by the ASB in its statement or comment concerning the fair value accounting, it is doubtful if UK will recognize the importance of fair values, with reference to international accounting standards the same way that IASB is giving the same issue in accounting. 2.2 Describes the alternative methods by which assets and liabilities could be measured, and critically assesses the performance of each method against the Qualitative Characteristics of financial information described in the ASB’s Statement of Principles (the Conceptual Framework). The

Micro and Nanotechnology Adoption by the Pharmaceutical Industry Essay Example for Free

Micro and Nanotechnology Adoption by the Pharmaceutical Industry Essay Micro and nanotechnology is starting to show promise in the pharmaceutical industry. The two key questions in this field are ‘what is nanotech’ and ‘aren’t all drugs nanotech – after all, they are in the nano size range’. These can be answered fairly simply; Nanotechnology is where the nano-size of a substance affects its activity – the size placing the substance at the interface between quantum and material effects. The classic example to demonstrate these effects is that of gold nanoparticles. Bulk gold is insoluble and metallic-yellow in colour. However, once the gold is formulated as a nanoparticle it is soluble and the size of the particle determines its colour – from bright blue to vivid red. Two key areas where nanotechnology is showing promise in the pharmaceuticals industry are tools for drug discovery, and secondly in formulation and delivery systems. In the development of tools to support drug discovery, nanotechnology is developing a trend to move away from high throughput to high content screening, where greater information on fewer compounds is achieved. As our knowledge about drug-target interactions increases, it is becoming apparent that high-volume/low-content screening can miss extremely interesting interactions and effects. For example, SPR biosensors can detect a ligand binding step and measure the binding constants. But it cannot measure surface stresses caused by binding, which are an important factor for example in antibiotic efficacy against MRSA and VRE. Here nanomechanical cantilevers have been shown to be effective in providing extremely elegant information that can explain the difference between various drugs that appear to have the same binding kinetics.[i] The move to high content screening has been slow due to the large investments in high throughput screening laboratories and so new systems need to be compatible. However, where systems are compatible with these techniques – for example using 96 well plate platforms, adoption is possible. As a result, improvements and adoption is currently iterative, rather than revolutionary, but it is happening. With regards to nanotechnology in formulation and delivery science, there are a number of early adopters of nanotechnology in the pharmaceutical industry. Table 1 shows a number of types of nanoparticle formulations that are already approved for marketing. The full list of approved ‘nano-enabled’ products is very small and those that have made it to the market are generally reformulations of existing generic drugs. We are still awaiting the second-generation nanodrug, where the nano-effect is integral to the product activity. Nanotechnology appears to be following the classic technology adoption curve as shown in Figure 1. This shows the bell-shaped adoption curve for any technology, overlaid by the technology acceptance line. Nanotechnology appears to have passed through the hype and trough and is now starting to be slowly adopted. It appears that the problem for nanotechnology in formulation is one of risk. Companies need to get their products to market quickly to allow as much market exclusivity time as possible not to recoup their investment, as this is a sunk cost, but to recoup the cost of developing future drugs, the cost of which is becoming ever more expensive. The Tufts Center for Drug Development estimated that the cost of bringing a single drug to market was in the order of $1.2 billion in 2008, compared to $802 million in 2000.[ii],[iii] Given these issues, companies won’t adopt new technology unless they know that the technology has a clear and fast route to approval. This is particularly poignant in drug formulation and other rate-limiting activities that occur post-patent filing. Once a patent is filed, the clock is ticking on the product’s life. If a product is going to be a $1billion a year blockbuster, lost revenues will be at least $2.7 million for every day a product is held from the market. This produces a catch 22 scenario; no-one will take the risk to demonstrate a new technology, especially if it is competing with existing and proven methods, so no-one will see a clear adoption path and use it. This is reminiscent of the fledgling biotech industry 15-20 years ago. Pharma was focussed on small molecules and didn’t want to risk bringing into their portfolio relatively unstable products, with complex manufacturing methods and which were without a clear regulatory pathway. Now however, many traditional large-pharma refer to themselves as biopharma companies and Amgen and Genentech (prior to the Roche purchase) are in the top twenty pharma by revenue. Early adopters, such as Abraxis and Elan, have started to clear a pathway to approval, but as yet no company has developed a true nanodrug – ie one which was conceived as a nano-enabled product from first principles as opposed to using nano-formulation on existing products. Nanotech has a lot to offer the pharmaceuticals industry and if it follows previous technology examples such as biotech, the successful early adopters will reap the rewards. It still has a number of hurdles to leap, such as a clear regulatory pathway and a demonstration of value above and beyond current technologies, before it can become mainstream. However, there are significant efforts by industry and governments to help it to jump the technology adoption gap quickly and ensure it can assist in developing the next generation of products that are needed to solve some of the significant unmet medical needs faced by patients and healthcare professionals. [i] Ndieyira, J. W. et al. Nanomechanical detection of antibiotic–mucopeptide binding in a model for superbug drug resistance. Nature Nanotech. 3, 691-696 (2008). [ii] Outlook 2008, Tufts Center for Drug Discovery (Available at http://csdd.tufts.edu/InfoServices/ OutlookReportsRequest.asp) [iii] Outlook 2000, Tufts Center for Drug Discovery (Available at http://csdd.tufts.edu/InfoServices/ OutlookReportsRequest.asp)

do our judgement of others define by the symbolz they signify :: essays research papers

Do our judgment of others defined by the symbols they signify?   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Are judgment of others defined by the symbols they signify? Why do we judge people based on how they appear? From the min we see somebody wearing bagging jeans, big shirts, just the whole package. We take them to be no good. When that’s not always the case . Do we look at them for what they symbolize? By the way they walk, talk, act. Names and titles always symbolizes a person. It describes a persons outlook. When you hear psycho. We would think that the person is crazy. And would know to stay away.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Why do we judge people based on how they appear? When I was first saying bout the baggy jeans, big shirts. We look at them basally to be bad because most people who dress like that are. If I were to dress up as a police and walk down the street people will always come to me asking for help or something that a police individual would do. With Hester and scarlet letter. In the book people who wear the scarlet letter are known to have done something bad. And so they look down on her. With Mr. Dimsdale he is look upon as a someone who has no sin. Ideal. Just on what we appear to be.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚     Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Do we look at them for what they symbolize? of course we do. Its not right. But lets take for sample an old guy with baggy cut up clothes, long bread, just sitting down in a corner of a street. We take the old man don’t have a job, car, education, no life. And that just may be the case. But how a person symbolizes themselves to be that’s what we take them for. If a young lady comes in with her hair in a bun and very covered up, No make-up. Always keeps her head down .You take her to be shy , keep to herself or something like that. Just by her just doing all that. We take her to symbolizes a shy lady. As well as Mrs. Hibbins. She acts a witch. Everybody is going to take her to be one .   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Names and titles always symbolizes the person. With teenagers, society looks at teens to be wild, out of control people that just want to party. Just because of what their named â€Å"teens† .

What makes a business successful?

I have chosen to analyses three successful businesses to understand how each business has gained their success, these businesses Include Apple, Sad and McDonald's. Other than having success with a growing profit I will explain other factors that they have used. Apple Is an Innovative business that has dominated the technology sector. They have plenty of experience, since they have been In the technology industry for over 30 years.This means they have enough knowledge for their market and know how to meet consumer demands. Also they have an excellent racketing team that promotes their product worldwide most commonly through their simple yet effective TV adverts. They have a strong brand identity compared to its competitors since their apple logo is so recognized worldwide. Sad is a massive supermarket the 2nd largest retailer in the I-J following behind Tests. However I still believe that Sad is successful due to their main aim that Is based upon focusing on their customers.This Inclu des providing a friendly service and also by consistently putting the customer first by lowering prices to save money which automatically attracts more new consumers and also growing a larger market online. McDonald's Is the world's most popular fast food franchise with over 60 million customers per day. I believe It's such a successful company because of their sponsorship deals, they often team up with media partners for example film companies such as Dreadlocks when they release a new movie you are likely to see that theme in your local McDonald's.Also they have mastered international expansion which creates a huge global presence within over 100 countries. I have also chosen three businesses that are unsuccessful to carry out further research on which includes Blockbuster I-J, HEM and Comet. I will explain why I consider each business has failed in their market and how we can learn from their mistakes. Blockbuster UK is a film rental store that used to dominate the industry.It's faced troubles from the Increase of competitors that are online, they offer to stream films over the Internet which Is more suited to their current target market that are technology obsessed. The business which Is currently dominating Is Nettling that Is a popular website rather than a postal service meaning it's more ideal. It's a wealthy and powerful rival. What we can learn from this is that as a business you have to develop and match customers needs by focusing on what would be preferred by the customer and always adapting to new trends.HEM had an overall decline in sales for CDC and DVD'S undermined by competition from online retailers and online downloads. The common trend among music lovers was to buy their music in digital form rather than buying a CD. HEM has failed to keep their face and instead struggled with handling debt. What we can learn from this is exactly the same with Blockbusters that we need to develop the business in different ways to attach the target market a llowing them to survive and succeed such as WHO Smith.Comet reached a downfall due to new competitors and the movement of Internet competitors Is popular meaning other competitors have a larger target market and loyal customers. Also the market Is extremely competitive since new products are being made so princes half each year which means retailers have to sell double to online because it tends to be cheaper. What we can learn from this is that to become a successful business you need to understand the online world. Business must now offer different options such as a shop and a website.

Journal 1 – The Metamorphosis

The opening paragraph of this short story begins with the introduction of Gregor Samsa as a newly transformed insect. The narrator's intent in regards to this brusque stating of Gregor's new physical shape, is perhaps to convey Gregor's own surprised and confused feelings into the reader's mind. The narrator seems to anticipate what the reader is thinking, as he immediately states that Gregor is transformed, and what shape he now possesses. The narrator pushes his description to unfolding the exact contours of Gregor's body. He takes the perspective of Gregor, looking down on his own body, perhaps to heighten the vividness and brutal psychological shock of the first vision of his â€Å"numerous legs, which were pitifully thin compared to the rest of his bulk, waved helplessly before his eyes. † The reader is thus enabled, through this first-person point-of-view, to visualise that precise image, which inherently helps the reader better understand the effect of the transformation through Gregor's perspective. The paragraph detailing Gregor's metamorphosis is followed by a description of his room and of his non-bug life. The reader notices that where the first paragraph was leaning towards structure and a coherent and precise description of Gregor, this paragraph seems to consist of more random thoughts than anything else. It's as if Gregor's mind is wandering about his room, trying to rebuild his human character, whereas the previous paragraph had completely shattered his notion of humanity. We can see in the following quote just how determined Gregor is to re-ascertain his humanity, † What has happened to me? he thought. It was no dream. His room, a regular human bedroom, only rather too small, lay quiet between the four familiar walls. † Firstly, the fact that Gregor states very plainly that he lived in a good, human bedroom seems odd, as he feels the need to qualify the normalness of his place of residence through it's ‘human' appeal, instead of, say its ‘roomy' or ‘comfortable' appeal. Furthermore, the description of his room continues in its peculiarity, as Gregor feels compelled to further solidify the mundane-ness of his room through its ‘four familiar walls'. It seems that Gregor feels further compelled to make his room normal by depicting it as being of usual dimensions, hence the four walls, which are familiar – a contrast perhaps to his newly acquired uncomfortable feeling of not belonging, of being odd – hence the insect-like shape. The seemingly xenophobic attributes of his new character seriously conflict with the person he used to make himself be. As he states, â€Å"Above the table on which a collection of cloth samples was unpacked and spread out – Samsa was a commercial traveler – (†¦ † The position he held, and assumedly still has, of being a commercial traveler would lead one to believe that Gregor was not antisocial in any way, in fact the reader could assume that Gregor worked as a traveller because of his affinity with people. Yet the manner in which he now describes his room perhaps suggests that a deeper transformation had occurred, one that affected his self-confidence and his pers onality. Lead by hermit-like comments such as the â€Å"four familiar walls†, one can see that Gregor may now find sanctuary in the closeness of these walls, rather than seeking the public world of a traveller. This reaction is rather evident, as one could assume that any person would feel demoralized after being transformed into a huge bug. Yet where some people may be affected only physically, this transformation seems to have affected Gregor's psyche as well. Lastly, the end-description of the lady, â€Å"sitting upright and holding out to the spectator a huge fur muff into which the whole of her forearm had vanished! † seems odd, as Gregor's reaction to the huge fur muff somehow seems detached, like it was the first time he had seen it done. Ironically, Gregor tells the reader that he had recently framed the picture and had placed it above his desk, which would lead one to believe that he had looked at the picture before hanging it. Moreover, his reaction to the disappearing forearm may be related to the fact that he no longer has any, which would therefore explain his shocked reaction; the fact that a human is being portrayed in some light other than a normal one is both terrifying and appalling to Gregor, a notion that is explained again through his reaction to the picture, and perhaps thus to his physical state.

Tech Your Head essays

Tech Your Head essays Growth in technology is very similar to evolutionary growth. Our world has seen so much change since life first sprouted on our planet. Since the primordial soup of earths prehistoric waters created organisms life on earth has progressed quickly. Much like evolutionary processes found in life forms, technology builds on its own increasing order and thus speeds up. The technological developments of modern-day computer scientists will bring us computers faster than weve ever seen, a new intelligent life-form with mental powers equal or surpassing our own, and will raise moral and ethical questions currently unforeseen. Gordon Moore, the inventor of the integrated circuit, noted that the surface area of a transistor was being reduced by 50 percent every 12 months. When he made this observation he was chairman of Intel. Then, in 1975, he revised his observation to 24 months. With a biannual doubling of the number of transistors that you can fit onto an integrated circuit, the components on a chip as well as the speed of the computer are doubled. The idea of exponential growth in technological developments is known as Moores Law on Integrated Circuits. Almost all of the developments made in calculation technology from the abacus to the Apple II have laid appropriately on the timeline of technological evolution as prescribed by Thomas Moore, but now it seems there has been a recent acceleration in the acceleration of the evolution. Today, we use computers to design computers, and they meticulously calculate details in the newest design, then the designs are produced in factories that utilize full automation with very little intervention from humans. We can expect that computers will take their progression into their own hands, and at that point they will accelerate very rapidly. According to Ray Kurzweil, a highly educated and experienced man in the field of nanotechnology as well as the author of ...

Primark and Ethical Business.Doc Essay Example

Primark and Ethical Business.Doc Essay Example Primark and Ethical Business.Doc Paper Primark and Ethical Business.Doc Paper Primark and Ethical Business Introduction Primark the leading clothing retailer Rapid changes in media, transport and communications technology have made the world economy more interconnected now than in any previous period of history. Nowhere is this more evident than in the world of textile manufacture and clothing distribution. Consumers want fashionable clothes at affordable prices. Much of high street fashion is produced in various countries across the world. Businesses source clothes from countries like India, China, Bangladesh and Turkey because of lower material and labour costs in these countries. In order to meet consumer demand, Primark works with manufacturers around the world. Primark is part of Associated British Foods (ABF), a diversified international food, ingredients and retail group. Primark has almost 200 stores across Ireland, the UK, Spain, Netherlands, Germany, Belgium and Portugal. Primark’s annual turnover accounts for a significant proportion of ABF†s revenues and profit. Primark’s target customer is fashion-conscious and wants value for money. Primark can offer value for money by: Sourcing products efficiently Making clothes with simpler designs Using local fabrics and trims Focusing on the most popular sizes Buying in volume Not spending heavily on advertising. The largest Primark store is located on Market Street, Manchester, England. Some 100,000 sq ft (9,300 m2) of retail space is spread across its three floors. It took over from Liverpool in 2008 after TK Maxx moved from the basement floor to the Arndale Centre, allowing Primark to fu rther expand Corporate Social Responsibility Every business has the corporate social responsibility (CSR) to be Ethical in its business environment and CSR is about responsibility to all stakeholders and not just shareholders. What is Stakeholder? A person, group or organisation, has direct or indirect stake in an organisation because it can affect or be affected by the organisation’s actions, objectives and policies. Key stakeholders in a business organisation include its creditors, customers, directors, employees, government agencies, owners, suppliers, unions and the community from which the business draws its resources. What are Business Ethics? Ethics are moral guidelines which govern good behaviour so behaving ethically is doing what is morally right Behaving ethically in business is widely regarded as good business practice. Being good is good business† (D. Anita Roddick) â€Å"A business that makes nothing but money is a poor kind of business† (Henry Ford) Code of Practice A common approach is to implement a code of practice. Ethical codes are increasingly popular – particularly with larger businesses and cover areas such as: Corporate social responsibility Dealings with customers and supply chain Environmental policy actions Rules for personal and corporate integrity Primark from Ethical to Unethical Business Let’s take one of the above stakeholders the suppliers to analyse how the suppliers and supply chain can affect the business ethics and can make a business unethical business. A business cannot claim to be ethical firm if it ignores unethical practices by its suppliers. Use of child labour and forced labour, Production in sweatshops, Violation of the basic rights of workers, Ignoring health, safety and environmental standards. An ethical business has to be concerned with the behaviour of all businesses that operate in the supply chain i. e. Suppliers, Contractors, Distributors, Sales agents. So the Primark could not consider and concentrate on the supply chain of its suppliers who were hiring the child labour in the factories in various states of India and Bangladesh. Those suppliers were the main source of Primark retail clothing products in UK and. This issue was exposed by The Observer, The Independent News and the BBC panorama. Primark declared as least ethical business Primark, the discount clothing chain beloved of bargain hunters, has been rated the least ethical place to buy clothes in Britain. Primark scores just 2. 5 out of 20 on an ethical index that ranks the leading clothing chains on criteria such as workers rights and whether they do business with oppressive regimes. Mk One and Marks Spencer were ranked second and third worst for ethics by Ethical Consumer magazine (By Martin Hickman Consumer Affairs Correspondent Thursday, 8 December 2005, The Independent news) The Ethical Trading Initiative (ETI) The Ethical Trading Initiative (ETI), of which Primark is a member, has undertaken an investigation in to the reports. The ETI confirmed to Drapers this week that the investigation was ongoing and no conclusion had yet been reached. Primark refutes the claims stating it can offer good value and good quality because of low mark-ups and big volumes. We use simple designs, our overhead costs are extremely low and we dont run expensive advertising campaigns. Lapse in standards The information provided by the BBC enabled us to identify that illegal sub-contracting had been taking place and to take action accordingly, Primark explained. According to Primark, the garments affected accounted for 0. 4% of the retailers worldwide sourcing. It added that the sub-contracting involved home working and in some instances children were also found to be working at home We take this lapse in standards very seriously indeed, said Primark, which is owned by Associated British Foods Under no circumstances would Primark ever knowingly permit such activities, whether directly through its suppliers or through third party s ub-contractors. The Primark supplier in question, a major Indian exporter called Fab n Fabric, had employed a subcontractor who had discovered the ultimate disposable workforce: child refugees. Primark’s Code of conduct and Initiatives taken Under the terms of its code of practice for suppliers, Primark prohibits the use of child labour in its manufacturing chain. Primark says it will terminate relations with suppliers guilty of certain transgressions and those unwilling to make the necessary changes to their employment practices when breaches of its code are uncovered. Primark and Stakeholders Engagement Primark sacked the three suppliers before being hit by a wave of negative publicity inevitably coming its way from the documentary. The firm, owned by Associated British Foods, said it had made the statement to fulfil a responsibility to shareholders, not as cynics suggested to lessen the shock of an international expose. The retailer said that, as soon as it was alerted to the practices over a month ago by The Observer and the BBC it cancelled new orders with the factories concerned and withdrew thousands of garments from its stores. A statement from Primark Stores on Bangladesh 19/11/2010 A Primark spokesman said: â€Å"Primark shares and recognises many of the concerns raised by No Sweat. We acknowledge that conditions for workers in some factories do not always meet them high standards that we and other brands sourcing from these factories, expect. Primark believes ethical business practices are of the highest importance and that is why we work tirelessly with our supplies and other stakeholders, including those in Bangladesh, to raise standards and the welfare of the workers that depend on the orders placed at these factories. Primark is working in several ways to continually improve ethical standards and working conditions among suppliers. Primark’s Initiatives and Working with stakeholders Working closely with external partners featured strongly in much of what Primark achieved during 2010. Highlights include the following: Primark in Bangladesh In Bangladesh, 16 of the factories from which we buy have been working with Nari Uddug Kendra (NUK), an NGO that focuses on women’s rights. Together, Primark and NUK have provided training for factories on how to manage workers more fairly, and educate them about their rights. In 2009, 974 workers received training through this programme. Furthermore, Primark has created a new Ethical Trade Manager position in Bangladesh. One of the first initiatives to be launched by the Ethical Trade Manager will be tailored ethical training for suppliers in Bangladesh. Further plans are underway to recruit a female Ethical Trade Executive with a specific remit to focus on women’s issues in factories, which we know are particularly important I this context. Primark in China In China and Bangladesh, Primark began projects that aim to create long-term, sustainable improvements in labour standards and provide living wages for people. Several visits had been undertaken to both countries in 2009, to identify suppliers, factories and local implementation partners including NGOs, worker organisations, employer associations, and technical experts. Primark in India In southern India we are working at grassroots level with an NGO to understand and address the challenges faced by workers in communities where Primark’s products are made. The programme includes surveys to identify workers, families and children at risk, as well as providing a counselling service and helpline for people. A core part of this initiative is worker education and we have established groups that look at issues from hygiene and personal development to gender equality and workplace rights. Primark with International Organisations Through Primark’s membership of the ILO and International Finance Corporation (IFC) Better Work programme, we engage and collaborate with retailers and labour experts within countries to provide localised supplier training, remediation and worker engagement. Primark’s supplier factories in Vietnam are part of the initiative, and we support the efforts and plans of the ILO to implement the programme in other countries from which we source. Primark and BSR This year Primark joined Business for Social Responsibility (BSR), a CR organisation with over 250 corporate members. Primark is an active member of the BSR Mills and Sundries working group, a coalition of clothing retailers which looks at ethical and environmental performance within spinning mills, dye-houses and sundry manufacturers. BSR also worked with Primark on identifying key trends in labour migration in China, and how Primark suppliers could mitigate potential labour shortages through good human resource management. Finally, we are proud that Primark is BSR’s partner in Bangladesh for the health enabled returns programme, a groundbreaking initiative that provides healthcare and education for women in factories. Primark and ETI As a member of the Ethical Trading Initiative (ETI), Primark continued to be actively involved in a number of ETI groups in 2010 relating to the following: General Merchandise, Home working Principles of Implementation, Annual Report, Purchasing Practices, and China. Primark also increased its collaborative efforts with other brands, via membership of cross-brand forums in a number of countries as well as more informal joint efforts on supplier remediation. As 95% of the factories that supply Primark also supply other retailers, this joined-up approach is one of the best ways to achieve progress Primark altered internal system Primark has brought many changes in its internal system to meet the requirements of Ethical Trading Initiative and to over come the issue of least ethical business. Appointment of Ethical trade Director Team The Primark has employed Katharine Kirk, from Gap Inc, as Ethical Trade Director. No new supplier can be appointed without being audited, and then Cleared by her. Primark has been steadily expanding the size of its own ethical trade staff over the last 2 years. In-house there is currently an 8 person team (including the Director). Recent additions to the team include a new Ethical Trade Manager in Bangladesh and plans are underway to recruit a female Ethical Trade Executive for Bangladesh with a specific remit to focus on women’s issues in factories. Primark also has a new Ethical Trade Manager in Turkey, and a new Ethical Trade Executive to add to the strength of the existing team in India. The aim is to have in place a team of 15 by the end of 2010. Monitoring and Auditing In 2009 Primark had conducted over 1080 audits, which is almost double the number in 2008 (533 audits). The growing in-house ethical team, new third party auditor partners, and the online audit database are helping to support this growth. Audits are accompanied by a remediation programme for each supplier as required. This is the accepted way the industry seeks to raise standards. Primark uses a mix of our own in-house and third party auditors. Third party auditors performed around 70% of our audits last year. So the Primark is increasing the number of them. Most of their visits are unannounced or semi-announced. They are paid for by Primark, to reduce the burden on suppliers and factories. The focus of Primark’s auditing programme is the top 250 suppliers which represent 87. 6% of the selling value of the business. Primark had audited all suppliers ranked in the top 250 by the end of 2009. Primark audit according to: Level of turnover with a supplier, proportion of a supplier’s production that is dedicated to our business, country of manufacture, risk of production process, any other information about a particular supplier or factory that identifies risk. However, Primark recognised that audits are a necessary, but not sufficient, part of the solution to raising standards in the supply chain. Much is dependent on remediation and training. Remediation plan with Factories Primark has third party auditors and staff works out a remediation plan with each factory after an audit, and then a follow-up is conducted, mainly by our own team members. More than half the audits we do are follow-ups (55% of Audit in 2009) 18 months ago Primark began work on a new, cutting-edge, online audit management system. BSI Entropy’s management system helps us to keep track of non-compliances at the individual production site, as well as at country and buying department levels. The system helps us to follow up non compliances in a timely manner and identify root causes of problems and where additional training is required. Primark has established a dedicated living wages projects in China and Bangladesh. The lessons learned and models developed will be rolled out more widely within Primark’s supply base. The project entails using local experts in each country – NGOs, trade unions and productivity experts – to improve the systems within the factories. Primark buyers will also be involved in encouraging factories to make the necessary changes, sharing knowledge and experience with the factory management, as well as looking at how they can improve the way they buy – for example by paying close attention to the timing and volume of orders so as not to overstrain the factory. Training programmes All Primark buyers and key personnel have been trained in ethical trade. In total this has covered 209 staff equating to over 1,672 hours worth of dedicated ethical trade training. New staff members are also given training on ethical trade during their induction. Ethical trade training was provided to Primark’s China-based staff. The supplier training programme has been extended and dedicated events took place in China, the UK and India last year. In November Primark hosted 3 days of ET training for the top 50 Chinese suppliers and their factories in Shanghai. 192 individuals attended these sessions. In July 40 Irish and UK suppliers and factories attended one of the ethical trade workshops held in Reading and Birmingham Primark is about to launch a new Suppliers’ Extranet, an online information resource centre for suppliers which will include helpful training tools and guides for factories. Primark has also developed an online compliance training tool for suppliers with a specialist provider, so we can reach more factories, more quickly. Recommendations to improve Ethical Practices The ethical climate of a business organization can make the difference between a successful venture and an unsuccessful one, that there may be a co nnection between how a business is perceived and its internal ethical climate. Improving the ethical climate of your own business enhances and preserves its reputation, inspires loyalty and advertises that it has its ethics message right. It also fosters an ethical culture within the organization. Evaluating Ethical Behaviour I would like to recommend and suggest that companies should undergo internal ethics audits on a regular basis because that the regular internal audit of the business organizations ethics and compliance program adds great value to the organization. A business organization should take a top-down approach to ethics. By communicating and modelling behavioural standards from the highest levels of your business down to the entry-level positions. So we can ensure that there is no gap between ethical standards and the actual behaviour of employees. By regularly evaluating these standards and the behaviour of your companys leadership, you can effectively promote compliance to ethical behavioural norms for your organization. Educating Employees A business organisation should Increased focus in the business community regarding ethics-based issues has led to increased funding and research to increase ethical awareness. One strategy to improve the ethical climate of your business organization is to offer or even require classes in business ethics. Business ethics classes at the local community college or even classes offered directly through the human resources department can be a practical and cost-effective way to offer ongoing ethics training and motivation. Protecting Employees One problem that might arise in the promotion of ethical guidelines to your orkforce is the fear employees may have regarding their role in reporting unethical or questionable behaviour by another employee or even a supervisor. Employees must be assured that they will be safe from retaliation from other employees or supervisors who might be turned in for engaging in questionable activities. The best way to make this assurance is to offer employees a confidential channel through which they can report bad behaviour. A company ethics hot line is one way to increase employee willingness to speak out. Another might be a suggestion box kept in a secure location where other employees are not likely to see one of their fellow employees turning them in. Employees must be confidently assured that reporting bad behaviour is expected and safe. Supply chain sources Every business organisation should choose its supply chain sources with carefully and make sure that all your suppliers are taking care of human rights in their factories by visiting the factories of your business suppliers. Conclusion For companies with plans to establish a more formal code of conduct and ethics program or to improve existing ones, the tone must be set at the top. Effective standards for ethical conduct must be initiated, supported, encouraged, and practiced by top management. Furthermore, a code of conduct cannot be effective if it is not adequately communicated and explained. Todays technology provides various cost-effective methods for communicating an ethics code. These communication efforts should be provided in a steady stream even after the initial awareness campaign. The advantages that are to be gained from formally practicing in ways that adhere to ethical principles include, the development of company documentation that guides and informs staff members on their proper conduct both during normal business interactions and during ethically-challenging situations; A better understanding by staff members of their responsibilities, and an ability to align their values with those of the organisation; The assumption of an appropriate level of accountability by staff members in identifying and anaging business risks; The facilitation of fairness and moral management in business activities; Increased trust from, and between, internal and external stakeholders. Increased employee satisfaction; A more open-minded organisational culture in which the interests of the employer, employees, customers, suppliers, and other stakeholders are protected; An enhanced reputation within the community that helps attract new staff and customers, increases both public and community relations, and the potential for improved financial performance; and an enhanced reputation with competitors, governmental agencies and financial institutions by working with external agencies such as the International Labour Organization, the ETI and independent auditors, Primark helps to set and maintain standards. Its auditors work with suppliers over a period of time to help them meet the exacting standards set out by the Ethical Trading Initiative. This enables the supplier to become approved. So the PRIMARK has proved it wrong that its business operations are unethical, by taking the key measures and introducing many changes in its internal and external operations. Now Primark’s operations are based on Based on international Labour code and this is Translated into 26 Languages and published on Primark website. PRIMARK has sets off full policies and is part of terms and condition Training for suppliers and buyers to ensure adherence to ethical practice Tough selection process for new suppliers Reference: tutor2u. net/business/strategy/business-ethics-issues. html tutor2u. net/business/strategy/business-ethics-introduction. html tutor2u. net/blog/index. php/business-studies/comments/1175/ http://tutor2u. net/blog/index. php/economics/comments/my-primark-answer-and-more-questions/ abf. co. uk/stakeholder-engagement. spx ethicalperformance. com/news/article. php? articleID=6068 Source: tutor2u AS/A2 Economics Blog Source: tutor2u Business Studies Blog businessdictioneray. com : investopedia. com/terms/s/shareholder. asp#ixzz1Q7yKwTDG www. primark. co. uk/Ethical www. primark-ethicaltrading. co. uk/ /primark_announcement_on_eti_review . htm Read more: Strategies to Improve the Ethical Climate of a Business Organization | eHow. com ehow. com/way_5891381_strategies-ethical-climate-busines s-organization. tml#ixzz1QJ2wEgBZ Published in 2004, Curtis C. Verschoor NASDAQ letter to the SEC, April 11, 2002, nasdaqnews. com/ news/pr20 02/corporate%20governance. pdf Lei singer, KM, Corporate Ethics and International Business: Some Basic Issues foundation. novartis. com/business_corporate_ethics. htm, Novartis Foundation for Sustainable Development (June 2, 1994) Murphy, Diana E. , The Federal Sentencing for Organizations: A Decade of Promoting Compliance and Ethics, Iowa Law Review (January 31, 2002), pp. 703-704. Anonymous, (2001), The importance of business ethics, HR Focus, Vol 78, Iss 7, p 1, 13+, New York Brandl, P. and Maguire, M. , (2002), Codes of ethics: A primer on their purpose development and use, The Journal for Quality and Participation, Vol 25, Iss 4, PP 8-12, Association for Quality and Participation, Cincinnati, OH Hopen, D. , (2002), Guiding corporate behaviour: A leadership obligation not a choice, The Journal for Quality and Participation, Vol 25, Iss 4, pp 15-19, Association for Quality and Participation, Cincinnati, OH Lovitky, J. A. and Ahern, J. , (1999), Designing compliance programs that foster ethical behaviour, Healthcare Financial Management, Vol 53, Iss 3, pp 38-42, Healthcare Financial Management Association, Westchester, IL Malan, D. , (2002), Applying tick-box ethics, Accountancy SA, PP 3-9, Hinesburg, South African Institute of Chartered Accountants, Ken gray, Johannesburg. Master, M. , (2002), Ethics at work: The disconnect in ethics training, Across the Board, Vol 39, Iss 5, pp 51-52, New York Read more: hetimes100. co. uk/case-studyconclusion158-412-6. php#ixzz1QJJhwWDY Messmer, M. , (2003), Does your company have a code of ethics, Strategic Finance, Vol 84, Iss 10, pp 13-14, Institute of Management Accountants, Montvale, NJ Niedermeier, S. and Rhodes, L. , (2002), Creating a culture of credibility, The Journal for Quality and Participation, Vol 25, Iss 4, pp 13-14, Association for Quality and Participation, Cincinnati, OH The Work Foundation, (2002), Managing Best Practice No. 8: Corporate Soc ial Responsibility Case Study 1, pp 20-21, The Work Foundation, Birmingham Verschoor, C. C. , (2000), To talk about ethics, we must train on ethics, Strategic Finance, Vol 81, Iss 10, p 24, Institute of Management Accountants, Montvale Wells, S. J. , (1999), Turn employees into saints? , HRMagazine, Vol 44, Iss 13, pp 48-58, Society for Human Resource Management, Alexandria thetimes100. co. uk/case-studyconclusion158-412-6. php#ixzz1QJJhwWDY

Reflective Essay on American Literature

Reflective Essay on American Literature Reflective Essay on American Literature American literature is very rich in the past historical events that took place on this great continent. Many of the past generations witnessed the turnout of events from the time the continent was not yet independent to the time it became a sovereign entity. There were so many battles that were fought to build this country. For instance, the long and great Civil War in America took place from 1861-1865. Struggles took place off the battle field, as well. African Americans and the American Indians had to fight for their rights to be recognized. This is evident because there was no black national leader until recently when Obama was elected as the first African American president. American minority groups were deprived of their rights until in the 1960s when there was a federal registration enforcement of the Constitution that helped this group to have their rights protected. Many groups of Americans are responsible for writing American literature. The literature is valuable in letting generations know about their past and what their ancestors went through to build this great nation. American literature consists of many themes within a wide range of genres. The various groups that have dwelt in American contribute highly to the rich literature that is preserved in written and oral literature. Patriotic songs have been sung for generations and they, too, help to keep the literature of American alive and vibrant. Children sit by their grandparents’ side to listen to songs and stories about earlier America and how it evolved into make a world power. During the early of the 20th century, America became the world’s greatest power because of its entrepreneurship. In addition, there were numerous immigrants coming to the country who provided cheap labor. Being so rich in natural resources, the country was able to acquire an adequate amount of raw materials domestically for its industries producing many manufactured goods that were utilized domestically as well as exported. This contributed greatly to the thriving America economy. Certainly, America has com e far during the past 250 years and will continue to thrive. American literature is studied worldwide because America is a global power. As such, it has much influence on the political, social and economic factors of other countries. American literature is everywhere: in books, on stage, in the movies, in the lyrics set to music. Many of the world’s favorite authors come from America, and their written literature reflects much about the history and culture of America. Libraries are great places to find literature by all the great American writers. How to Write a Reflective Essay on American Literature: The purpose of a reflective essay is for the writer to examine his own growth in some way, such as being a student in a course. Because of the nature of the essay, it is not necessary to develop a thesis statement. Furthermore, writing in the first person â€Å"I† is acceptable. The writer examines his goals and his progress in achieving those goals. In addition, he identifies and discusses his strengths and weaknesses. If his reflection centers on his progress as a student, for example, he can discuss what he knew before entering the course, what he has gained from his experience in the course, and what interests might guide his future studies because of his participation in that course. In addition, he can discuss how he has grown as a student through participating in that course. For example, he might have discovered what works best for him in studying or retaining information or developing or comprehending a concept. Finally, the writer does not simply tell the reader how he has grown as a student. Instead, he shows it by providing examples of what he did or explanations of his thought process. In conclusion, the writer reminds the reader of how he has grown as a student. Feel free to contact writing company to get professional essay help from PhD and Masters degree writers. 100% original reflective essays with timely delivery.

Analysis of investment decisions in new product launch Essay

Analysis of investment decisions in new product launch - Essay Example The paper tells that launching of a new product is a major investment decision for any corporation and hence needs to be evaluated thoroughly in order to avoid huge financial setbacks. A good number of big and a host of slightly smaller business have, nowadays, become extremely cautious and refined in the manner in which they economically assess key investment decisions concerning substantial fixed assets. This fact has been authenticated by the abundant research studies which document the need felt by companies to appraise the economic viability of the new product and take into consideration various key investment decisions prior to plunging into the relatively new territory. However, there is still a dearth of comprehensive studies concerning the actual investment decisions taken by these large corporate houses, with respect to launching and/ or marketing of new products in the market. Researchers such as Barwise, Marsh and Wensley investigated the role of finance and investment de cisions with respect to strategic decision making process. Any type of strategic investment entails a detailed analysis of its long term prospects as well as its economic viability. With respect to organizations, it commences with a decision to develop a wide-ranging long term development agenda, which is followed by a detailed analysis of the various short term measures, for instance, premeditated obsolescence, which is done with a view to acquire an edge over their corporate rivals.

Assignment II Essay Example | Topics and Well Written Essays - 500 words

Assignment II - Essay Example This happens in the situation of securitization. The quality of the collateral can therefore be a credit for investors who can securitize them as many times as they can. Credit enhancement is a technique aimed at reducing default or risk of default. This is done through processes such as prioritizing tranches. Credit risk causes all non-agency securities to engage in credit enhancement. Credit enhancement of securities requires additional support against defaults. Specific security rating agency determines the amount of credit enhancement needed based on specific rating. There are two general types of credit enhancement mechanisms namely external and internal credit enhancement mechanisms. Overcollateralization refers to a state in which the collateral value is more than the par value of the issued securities. For instance, if securities of par value $10 million is issued and at collateral carries a market value of $12 million during the time of issuance of the security, there will be an overcollateralization of $2 million. This process can also be used to absorb losses; hence it may act as an internal credit enhancement. Senior-Subordinate Structure enhances credit tranching while the subordinate bond classes support the senior bond classes in terms of credit. For example, bonds are classified into three classes namely A (Senior), B (Subordinate) and C (Subordinate) with par values of $90million, $8 million and $2 million respectively. Bonds A and B are both credit enhanced by class C. No, the correlation of default among pooled assets doesn’t need to be highly positive. A highly positive correlation +1 indicates that assets in a pool face the same level of risk. Therefore, if there is a default in one class of assets then there will be a high chance of default among other assets in the same pool. Assume that there is a pool of loans that have been securitized.

Case Study Analysis Research Paper Example | Topics and Well Written Essays - 500 words

Case Study Analysis - Research Paper Example Even sites that were contaminated got their attention. They refused to give up. The Americans made few mistakes. The Mexicans made many mistakes. At times it seemed as though they were trying to obstruct justice. They contaminated scenes and slowed down the process. They refused to cooperate in the interests of getting to the bottom of the case. Indeed, they did little investigating on their own. Most of the time they followed the Americans around trying to prevent them from finding new evidence. There was a serious air of complicity in their actions. The Americans had a hard time because they werent in their own country and had to obey the Mexican law enforcement agents. That made their situation especially difficult. Under normal circumstances, the rule of law would have applied, and it would have been much easier to do their investigation in a timely and methodical fashion. In the United States those who obstruct the investigation of law enforcement agents face a criminal complaint. Unfortunately this case occurred before many modern methods of investigation were available. DNA profiling would have been useful. The best method of collecting a sample is through a â€Å"buccal swab.† Sometimes this requires a court order and police can’t get it. In these cases, other methods can be used including taking samples of blood, saliva, semen, or other fluid or tissue from personal items (for example, toothbrush, razor, etc) or stored samples. Sometimes, samples taken from blood relatives may be used to catch bad guys. So far these methods have proven to be very successful. These processes could have been done on the bodies and the residence and the

Discussion Essay Example | Topics and Well Written Essays - 500 words - 46

Discussion - Essay Example The law provides the direction to be used in paying workers that dedicate their extra hours in the business, better known as overtime (Beck, 2011). The wages and hours Act guides the business on employment of children below the required legal age. In this case, according to this act, children below 18 years should not be employed especially in risky jobs. In the agricultural sector, children below 16 years should not be employed to work during school days; instead, they should be given time to take their studies. One of the laws that has the biggest impact on business practices is the sexual harassment law. Initially, people thought that sexual harassment was only meant for women; however, a court decision happened to increase the scope of this law by including same-sex sexual harassment (Houghton Mifflin Harcourt, 2014). This came after some male employees in an oil company complained of sexual harassment from other male employees, including unwanted touching and a crude sex play. This decision is important in business practices because it aims at punishing those people fond of sexually harassing fellow employees. Sometimes, people may want to perform certain activities without knowing the boundaries they should go. This decision spells the extent to which people should make their interactions in the work place. It is important to note that some laws can be actually outdated and have to be amended. Changing lifestyles often mean news ways of life in human societies and the same should be for their laws governing their existence (Brooks & Weatherston, 2011). For instance, the sexual harassment law was initially meant to protect the welfare of women employees at the work place. However, male employees have also reported sexual harassment form other male employees and even female employees, something that has necessitated its reform and amendment. The age

Hitchcock film analysis Essay Example | Topics and Well Written Essays - 1000 words

Hitchcock film analysis - Essay Example In the case of this movie, such an effect is still powerful even in a modern age of high technological development and the special effects involved in film production. In fact, the way Hitchcock shocks people’s minds in his horror movies is rather psychological than visual. And so, in a given paper the ability of this director to create a horror using our ordinary fears is analyzed with the help of his movie â€Å"The Birds†. To start with, fact that the movie was created only 9 years after the story of Daphne du Maurier published demonstrates the high level of Hitchcock’s awareness of the trends of his time. In particular, he knew well about literature that shocks and cinematic means that can help to save this effect. In comparison to the novel, the movie showed the same level of horrific atmosphere and despair in the given circumstances. In this context, the storyline of adaptation is quite simple. The main heroine Melanie Daniels (played by Tippi Hedren) brings to her friend Mitch Brenner the cage with lovebirds as his younger sister Cathy has a birthday. But, the lovely story turns into the nightmare for everyone in an area. In particular, all the birds steadily start attacking all the people who are available for them. Even though separately these creatures are peaceful and inspiring, in huge numbers they bring death and fear. In the movie, they either consciously attack the human body or pro voke the car accidents and gas exposures. And so, the ordinary life of a small American city is turned into the struggle to keep all the member of family alive within only one day. In particular, it is striking that the situation created in the movie cannot be solved by human effort as the birds are uncontrolled and have no mind to be convinced by human arguments. Therefore, the very simplicity of the given plot is the best option to

Discussion Essay Example | Topics and Well Written Essays - 500 words - 46

Discussion - Essay Example The law provides the direction to be used in paying workers that dedicate their extra hours in the business, better known as overtime (Beck, 2011). The wages and hours Act guides the business on employment of children below the required legal age. In this case, according to this act, children below 18 years should not be employed especially in risky jobs. In the agricultural sector, children below 16 years should not be employed to work during school days; instead, they should be given time to take their studies. One of the laws that has the biggest impact on business practices is the sexual harassment law. Initially, people thought that sexual harassment was only meant for women; however, a court decision happened to increase the scope of this law by including same-sex sexual harassment (Houghton Mifflin Harcourt, 2014). This came after some male employees in an oil company complained of sexual harassment from other male employees, including unwanted touching and a crude sex play. This decision is important in business practices because it aims at punishing those people fond of sexually harassing fellow employees. Sometimes, people may want to perform certain activities without knowing the boundaries they should go. This decision spells the extent to which people should make their interactions in the work place. It is important to note that some laws can be actually outdated and have to be amended. Changing lifestyles often mean news ways of life in human societies and the same should be for their laws governing their existence (Brooks & Weatherston, 2011). For instance, the sexual harassment law was initially meant to protect the welfare of women employees at the work place. However, male employees have also reported sexual harassment form other male employees and even female employees, something that has necessitated its reform and amendment. The age

International market unit one DB Essay Example | Topics and Well Written Essays - 250 words

International market unit one DB - Essay Example Cultural Exchange: we are a global village and though we come from different cultures and background interaction through education waters down this difference, this is especially so when the same curriculum is used by people in with different background. Economic status: there is an up rise in the number of people in middle level social strata, this group would want to have the best and this has increased the demand for Edutot for their children as they seek to give them the best (Zou & Fu, 2011). Preparing children for pre-school has always been the mission, this is done through the creation of an environment that stimulates mental development where children are allowed to participate and develop an all-round intellectual persona. Every child is unique and should be free to learn through educational play activities to help them develop Mühlbacher, Dahringer & Leihs, 2006). The factors on globalization, cultural exchange and economic status are seen as universal, though legal factors are not. Some countries require that children at kindergarten have a curriculum which incorporates Edutot developmental issues but in other areas implementation of this would be difficult because of difference in curriculum and education development funding (Mühlbacher, Dahringer & Leihs, 2006). Target market and mission statement are similar because the main mission is the development of children before preschool by providing them with positive developmental but the ability to grow their unique abilities while still

Central Group and Jirathivat Family Essay Example for Free

Central Group and Jirathivat Family Essay Tiang Jirathiwat moved from China to Thailand with no asset. In 1947, he started a general store in in Samphanthawong district, Bangkoks Chinatown. In 1957, his son, Samrit Jirathiwat, opened the first Central Department Store in Wangburapha and developed later on. In 1968, Central Silom was run with loss because people thought the imported items might be too expensive ! After two years, the Jirathiwats changed the strategy and made profit. Some family members (2nd Generation) were sent to study abroad and came back to develop Central Chidlom with Siblings and relatives. So, Central Chidlom made profit since its first year. Management Styles : First Generation : Tao Kae (concerned on cost of goods, loss and profit) Second Generation : Committee (concerned more on investment and finance) Third Generation : Family Council (development by family members under the family’s rules and regulations) The business transition from the first to the second generation was not complex, but from the second to the third generation was more complex, since nowadays there were much more business factors. For Central Group, which has been operating with many family members, there must be the rules and regulations besides the business issues. To be more focused on the third generation, they must work together and compromise â€Å"conservative† and with the â€Å"aggressive† styles ! Rotation and Distribution When to business turns to be more complex and operated by the larger numbers of family members, to make decisions is not simple. All Jirathiwats must know all A, B, C and D steps. Moreover, since the family members are graduated and have experiences in various fields, the work rotation and distribution are very efficient. Different families of Jirathiwats will work together, which leads to the family relation and unity. Jirathiwats is in charge of knowledge and experience of all family members. They focus both on â€Å"Drive and Control† as well as â€Å"Transition† of the family business. â€Å"The elements of strong business are Strategy, Money and People money will bring strategies successful, but without good people, there won’t be an effective implementation†. (Tos Jirathiwat, CEO of CRC since 2002) Challenges In general family business, the CEO is wearing three hats; head of the family, business owner and the administrative CEO. This person must well balance all three actions, to be more specific, if he is focusing more on business issues, the family relationship can be weak. He should support the family members to be gradually evolved the business to make the members feel with this â€Å"family business† and are willing to involve of the business continuously. Hence, the conflict of interest will not be existing among the business performance and family harmony. This will make the transition to the next (4th) Generation the most possibly efficient. â€Å"The business competition is same as the war, which needs not only the individual ability but team work ! â€Å" Preventions â€Å"We must separate into two main issues; issues among family members and issues among stakeholders† (Tos Chirathivat, CEO of CRC since 2002) 1. Family Council From this reason, Family Council has been set in order to direct all Jirathiwats and give them rights and compensations. Here are some issues on Family Council : Descriptions of a good member of Jirathiwat The Rights that all Jirathiwats will receive, for instance, funds of birth giving, education, infrastructure expenses in family house, health care and hospitality. 2. Family Business Constitution Family constitution is strategies and solutions which should be implemented to deal with family-related matters that impact on business issues. It is necessary for family business to set regulations or rules in order to prevent conflicts that can happen. By the way, conflicts are the cause that creates regulation or rules. An effective Family Business Constitution might include: criteria for joining the family business a definition of roles responsibilities of active mechanisms to be adopted for the transfer of ownership and leadership. Jirathiwat Family also has a Family Constitution which will maintain harmony and co-operation, also solve conflicts. Agreements for family business are a clear, simple, understandable and enforceable set of guidelines for the effective operation and continuance of the enterprise. The 8 following issues are the Family Constitution of Jirathiwat, which seems to be very strict, but to link all family members together and to the family business: 1. All Jirathiwat families must stay in the same house, doing all activities together. 2. Everyone must respect in seniority, for example, parents will teach children, elder brother will teach his younger siblings. 3. Ranking is more important than age. 4. Democracy comes first and everyone has a right to express ideas. 5. All boys must be sent to Assumptions, girls to Mater Dei and everyone should be sent abroad. 6. The responsibities in business will be distributed to each, based on age, not seniority. 7. A bad action will be broadcasted to all family members as a bad example. 8. Instead of giving compliments, those persons who have good outcomes, will receive more business tasks and responsibilities. Lesson Learned Joel Arthur Barker said that â€Å"a set of rules and regulations (written or unwritten) that does two things† which are 1. It establishes or defines boundaries For Central: Everyone must have 6-year-experiences outside before coming back work with family 2. It tells you how to behave inside the boundaries in order to success For Central: Not doing business that competes with family business family business or relies on the mail family business. Prevention Before Solve by setting regulations Put the right man on the right job separate people up to their potential Last but not learst, as Jirathiwat has a policy in a form of â€Å"Executive Committee† operated by CEO group, business issues are apart from family issues. This is why they can have a strong family relationship, in the meanwhile, the business has been very well operated and continuously worldwide expanded only by family members.

Death Penalty For Drug Trafficking

Death Penalty For Drug Trafficking I have chosen to focus on the death penalty for drug trafficking for the following reasons: Some governments will sentence those who are convicted for just the possession of drugs to the death penalty, while other countries are more lenient and do not do so. From this study, I want to know if the enforcement of the death penalty may affect drug trafficking through its deterrence effect. I also want to find out more on the present situation of drug trafficking and thus predict what may happen in the future, with regard to the application and the law on drug offences. Death Penalty for Drug Trafficking: Is it really necessary? Introduction Drug abuse produces long term consequences and problems in societies. Drug trafficking is a serious offence and drug traffickers should be punished. However, should the death penalty be imposed on drug traffickers? Do they deserve the death penalty? Some countries believe implementing the death penalty for drug trafficking has a deterrent effect and would control the drug problem. However, is this really the case? Which countries enforce the death penalty for drug trafficking? There are currently twenty-one countries which state in their laws that those whom are caught trafficking drugs and committing other drug offenses will face the death penalty. From Annex I, it shows that mainly countries in Asia, 18 out of 21, enforce the death penalty for drug trafficking. How does Singapores and Mexicos laws view drug trafficking? Singapore and Mexico were chosen because I want to see the contrast between the laws of a very strict country and one that has a drug war going on and producing a large amount of drugs. Singapore has strict, even draconian laws regarding the misuse of drugs and drug trafficking. This is shown in Singapores laws, under the Misuse of Drugs Act, which state that the trafficking of a certain amount of drugs will result in the person receiving a mandatory death penalty such as 250 grams of amphetamines and 1,200 grams of opium containing 30 grams of morphine. In addition, any person possessing over a certain amount of drugs, such as 15 grams of heroin, 500 grams of cannabis and 30 grams of cocaine  [1]  will be presumed drug trafficking unless proven otherwise and convicted of the death sentence.  [2]   On the other hand, Mexico, a major drug-producing and transit country, has laws which are much more lax than Singapore. Recently, a new law was passed in Mexico that decriminalized the simple possession  [3]  of drugs. Under this law it is stated that if person is found to possess an amount of drugs under the allowable quantity, they will just be told what are the possible drug rehabilitation options in their area.  [4]  The allowable amounts are 5 grams of marijuana and 50 milligrams of heroin, which both contain multiple doses, and 0.5 grams of cocaine. Even if a person is found to be in possession of up to 1,000 times the allowable amounts, he would only be sentenced to 10 months 3 years in prison.  [5]   What are the main arguments for and against the usage of the death penalty? This leads us to the issue of whether using the death penalty is justified for drug trafficking. There are quite a number of factors for people to support the death penalty. First, by killing the criminal, there is one less criminal in society to do harm, thus offering safety and protection. Secondly, it is a deterrent, as people may not want to take the risk to commit a serious crime if the punishment is death. Supporters say that death penalty has been made as humane as possible and can be carried out professionally.  [6]  The death penalty also helps justify the victims death.  [7]   However, there are also many factors to oppose using the death penalty for drug trafficking. Some religious groups say that life is sacred and killing should not be allowed in any circumstances and death penalty is not pro-life. Also, the imposition of the death penalty is a cruel and unusual punishment  [8]  . Opponents also believe that studies of death penalty for deterrence are highly exaggerated and arguments in those studies are flawed. In addition, death penalty is always cruel and can never be humane.  [9]  In the context of Singapore, opponents of death penalty feel that the usage of the death penalty may result in a higher chance of an innocent person being executed  [10]  as Singapore employs a guilty until proven innocent law.  [11]   After considering the arguments from both sides, I am against imposing the death penalty. This is mainly due to the fact that there is no confirmed deterrent effect resulting from imposing the death penalty. Though some studies advocate that enforcement of death penalty can deter people from committing crimes  [12]  , other studies indicated that there is insufficient evidence to prove that death penalty actually has a deterrent effect  [13]  . There is really no proof that a person would not commit a crime due to fear of execution. In addition, death penalty is irreversible, so any miscarriages of justice may result in grave consequences as the dead cannot be brought back to life. Does the death penalty for drug trafficking have a deterrent effect on criminals? There is little information regarding whether the death penalty for drug trafficking has an actual deterrent effect on criminals in Singapore. However, I have created a line graph showing a comparison of the number of drug related executions and the total number of drug abusers arrested in Singapore. Fig. 1 Number of drug-related executions  [14]  in relation to the total number of drug abusers arrested in Singapore in hundreds  [15]   From Fig. 1 above, it is shown that there is no correlation between the number of drug-related executions and the total number of drug abusers arrested in Singapore. There have been some instances where there has been some correlation though, from the year 1994 to 1997 both the numbers of drug-related executions and drug abusers dropped, albeit at different rates. Also, from 2000 to 2001, both numbers rose. However, this does not prove that there is a deterrent effect for the death penalty as the number of drug abusers should increase when the number of drug related executions drop. There are probably other factors affecting the number of drug abusers and drug-related executions such as the effectiveness of the criminal justice system, demographic changes and economic conditions. With a more effective criminal justice system, there could be more executions regardless of whether there is an increase or decrease in the number of drug abusers. Changing demographics could lead to more drug abusers if the change involved an increase in younger population between the ages of 13 to below 30. This however, may not necessarily lead to more executions though one would think that more drug abusers could lead to an increase in drug trafficking. There is just no simple correlation among these factors. When economic conditions are bad, the number of drug abusers may increase as people abuse drugs to relieve their unhappiness.  [16]  However, there may be less executions, since costs required for executing a person is quite high, over USD$1 million as a doctor is needed to be employed to certify the criminals death  [17]  . Is the death penalty really necessary? What would happen if all countries currently practising the death penalty abolish it in the next 20 years? With increasing pressure from Amnesty International and an ever increasing opposition to the death penalty, governments of countries would be under increasing pressure to abolish death penalty due to drug trafficking. In my opinion, the abolishment of death penalty may not lead to a surge of drug trafficking as drug trafficking is affected more by the demand for drugs than the fear of the death penalty. Also, there are other alternatives such as life imprisonment without parole. Also, what would happen to the society if the death penalty was abolished? As mentioned above, the abolition of the death penalty can occur due to pressure from Amnesty International and other organisations. I believe that society in general would not be much affected as there has not been any proof that death penalty acts as a deterrent. Hence, drug trafficking would not be greatly increased. Pro-life members of the society would welcome the abolishment while the supporters of death penalty would put pressure on the government to step up law enforcement to prevent increased drug trade and use. From the previous two scenarios, I conclude that imposing the death penalty for drug trafficking is not necessary because drug trafficking will not increase when the death penalty is abolished as there is no deterrent effect and it may help with tightening law enforcement on drug trafficking and abuse. Word Count: 1475

The Self Defense/Excessive Force Wild Card Essay -- Legal Issues, New

â€Å"Get out of the car! Get down on the ground now! Get your hands out of your jacket! Stop moving!† The suspect is a Latino male and speaks no English. The officer puts a bullet into the chest of the suspect because he refused to obey. The police officer later finds out that the man was trying to give him his I.D. Was this a justified shooting? In Albuquerque New Mexico, situations like this happen all the time on a regular basis. In fact in the past 20 months, Albuquerque police have shot 20 people, 14 fatally (McKay C1). Are the police justified in self defense or is the police using excessive force and how does this ratio of shootings in Albuquerque compare to other cities in similar size and population? Methodology With my research, one can see how this controversy has two very distinct sides, however, what facts that aren’t as evident in my writing fall into a grey area. I conducted my research by mainly shifting through several online journals and newspapers using the database called News Bank. Since this issue is very local I decided that the Albuquerque Journal would be the best source. Most of the journal articles were either supporting the idea of police abusing their power or defending the police’s right to self-defense, however, there were several periodicals that suggest a neutral ground between the two extremes. These articles suggested that it was solely biased on the situation in which each officer was in and to never assume that all situations in which an officer faces the decision to use deadly force will be identical or justified. Results Many families of the suspects that were shot, as well as many activists, argue that police involved shootings are getting â€Å"out of hand† and are considered â€Å"e... ...could be a knife or a gun, also use a deadly weapon† (Galvan A1). The best way this policy can be amended is through crisis intervention training (Galvan A1). Conclusion Are the police justified in self-defense or is the police using excessive force and how does this ratio of shootings in Albuquerque compare to other cities in similar size and population? The results show the sides of two groups of people that believe they are in the right. The activists against police involved shootings believe that the officers of Albuquerque react to situations with deadly force too often. The supporters of the police force believe that the shootings are higher in Albuquerque because suspects in the area give police more reason to use deadly force. Albuquerque has the highest ratio of population to police involved shootings in six cities of similar size and population.

Anthropology Essays – Australopithecines and Homos

Australopithecines and HomosSection 1 4. ( a & A ; B ) At Olduvai Gorge, East Africa, severalaustralopithecinesandgay, such asAustralopithecus Boisei( sometimesParanthropus Boisei) andHomosexual Habilis( big ) may hold coexisted ( Leakey 1994, 24-27, 29 ) .Australopithecus Boiseiis distinguished by outstanding sagittal crests on the top and dorsum of the skull and a long, wide and rather level ‘dished’ face with big grinders ( Wood 1992, 236 ) .Homosexual Habilis( big ) besides has a big level face with a little forehead ridge, though without the broad, dished’ visual aspect and crests ofAustralopithecus Boisei( Stringer 1992, 242 & A ; 251 ) . It besides had a robust jaw and big narrow grinders. The robust jaws and big grinders of bothAustralopithecus BoiseiandHomosexual Habilissuggest that the diets of both were chiefly vegetable. It is possible that earlyHomosexual Habilis, a tool shaper, besides hunted or scavenged for meat. Cut Markss from tools found on carnal castanetss from Olduvai show that meat was being cut from the bone bygayaround 1.8 million old ages ago ( Potts 1992, 331 ) . However, the tools from the earlier Oldowan industry can non steadfastly be associated with either genus Australopithecus orgay, though Leakey favours the latter because of the ulterior association ( 1994, 41 ) . Stanford cautions that we remember that even one species may expose a assortment of behaviors ( 2001, 25 ) . 5. ( a, B & A ; degree Celsiuss ) The earliest illustrations of Acheulean engineering day of the month to 1.5/4 million old ages ago and are associated withHomo ErectusLeakey 1994, 93 ; Gowlett 1992b, 353 ) . The handaxe ( or biface ) is associated with the development of a long axis linked to a ‘walnut’ form and illustrations may be symmetrical through a different planes and subdivisions ( Gowlett 1992a, 343 ) . Apart from usage as the eponymic handaxe, Acheulean tools were used as choppers and choices – some twelve implements have been identified ( Gowlett 1992b, 354 ; Leakey 1994, 93 ) . In eastern and south Asia discoveries ofHomo Erectushold non yielded Acheulean tools, perchance due to the presence of splintered bamboo rendering rock engineering redundant ( Gowlett 1992b, 351 ) . Besides, we might anticipate variableness in behavior over a broad, or even rather narrow, geographic country ( Stanford 2001, 25 ) . 6. ( a, B & A ; degree Celsiuss ) The Clovis people could hold reached America, possibly via a land span, as portion of a series of three migrations or motions of population from northern Asia, suggested by a assortment of grounds from linguistics, tooth analysis and genetic sciences ( Renfrew & A ; Bahn 1996, 438 ) . Dates for the motions are debatable and vary from up to 42,000-21,000 old ages ago for the earliest, 20,000 old ages ago for the 2nd and 16,000-5000 old ages ago for the last pre-Columbian motion. Martin had suggested they were the first civilization to come in the Americas ( 1973 ) . Evidence from sites such as Murray Springs, Arizona, reveal Clovis civilization artifacts association with macrofauna that subsequently became nonextant ( Haynes 1984 ) . A assortment of tools characterise the Clovis civilization, in peculiar bifacially worked and fluted missile points ( Gowlett 1992b, 359 ) . Such tools are characteristically those of huntsmans. Section 2 7. ( a, B & A ; degree Celsiuss ) Table 1. Showing Relative day of the months, encephalon sizes and encephalon construction of assorted species of hominid and hominoid ( after Deacon 1992, 116-7 ; Stringer 1992, 251 ; Wood 1992, 236 ) .SpeciessDates ( approximative old ages ago )Brain size ( cm3 )Brain constructionProconsul23-15 millionN/AN/AAustralopithecus Afarensis4-2.5 million400-500Broca’s country non presentHomosexual Habilis ( big )2.4-1.6 million600-800Broca’s country nowadaysHomo Erectus1.8-0.3 million750-1250Broca’s country nowadaysHomosexual Sapiens Neanderthalensis150,000-30,0001200-1750Broca’s country nowadaysHomosexual Sapiens ( early modern )130,000-60,0001200-1700Broca’s country nowadaysChimpanzeePresent400Area homologous to Broca’s countryTable 1 shows that early hominoids such asAustralopithecus Afarensishad comparable and somewhat larger encephalons than modern Pan troglodytess ( 400-500cm3 ) , although Broca’s linguistic communication country seems non to hold been present. Broca’s country was present in the larger encephalons ( 600-800cm3 ) ofHomosexual Habilis( big ) and in subsequentlygayspecies up to and includingmodern Homo Sapiens Sapiens. The encephalon size ofgayspecies has increased over clip, top outing at thatof Homo Sapiens Neanderthalensisat 1200-1750cm3, similar to that ofHomosexual Sapiens Sapienswith a scope of 1200-1700cm3. From the informations tabled above, it is non possible to reason that encephalization was a cardinal event in human development although worlds are without uncertainty the most encephalized species on Earth with a encephalon three times bigger than that of a similar sized ape ( Deacon 1992, 116 ; Curtis et Al 2001, 167 ) . The relationship between intelligence and encephalon size is non simple and the presence of Broca’s country does non turn out linguistic communication usage. Chimpanzees are sociable, learn and Teach, usage tools and show complex behavior, even capable of being trained in sign-language yet their encephalons are relatively little. Worlds besides display great assortment in their behavior and it is non ever clear that they are better adapted to life than less encephalized species, which calls into inquiry the nature and cogency of such comparings. Besides really important are the recent finds on Flores, which suggest that a tool and fire utilizinggayspecies we ighing merely 55 lbs and with a encephalon three times smaller than modern worlds evolved fromHomo Erectus( Morwood et al. 2005 ) . Section 3 8. ( a, B, degree Celsius & A ; vitamin D ) Multiregionalists, such as Wolpoff and Thorne have observed continuity, despite spreads, fromHomo Erectusin Java to modern Aboriginal Australians ( Curtis et al. 2001, 198 ) . The SangiranHomo Erectuswas dated at 700,000 old ages old, the skulls from Ngandong to between 400,000-100,000 old ages old and the Australian Mungo people to 24,000 old ages old. Wolpoff and Thorne have observed anatomical continuity in the cranial characteristics, known as the ‘mark of ancient Java’ . The NgandongHomo Erectusbraincases have been redated from 400,000-100,000 to 50,000-30,000 old ages old by negatron spin resonance ( ESR ) dating and uranium series dating ( U-series dating ) ( Curtis et al. 2001, 221 ) . Dates achieved by gamma beam dating have non been published. The Mungo remains have been diversely dated, originally at 24,000 old ages old so to about 62,000 in 1999, and most late utilizing optically exciting luminescence, both the Mungo Lady and Man were redated once more to 40,000 old ages old ( Bowler et al. 2003 ) . The new day of the months for the Ngandong braincase and the Mungo people, if right, suggest thatHomosexual SapiensandHomo Erectuscoexisted in south east Asia. While ab initio an uncomfortable decision for many, the assorted dating techniques do look to confirm one another, and recent discoveries ofHomo Floresiensismay supply further cogent evidence of diverseness. The redating of the Mungo people has led to the proposal that modernHomosexual Sapiensdispersed eastward from Africa, before come ining Europe, therefore retaining the ‘Out of Africa’ place ( Gore 2000, 97 ) . Thorne, commented that the redating had no impact on multiregionalism, Wolpoff adding that from 2 million old ages ago there was merely one human species ( Curtis et al. 2001, 229 ) . Whatever theoretical attack one has to dispersal, it seems indispensable to recognize the diverseness and coexistence of communities ofHomosexual. Mentions Bowler, J.M. , Johnston, H. , Olley, J. Prescott, J. Roberts, R. Shawcross, W. and Spooner, N. 2003. New ages for human business and climatic alteration at Lake Mungo, Australia.Nature421 ( February ) 837-40.Curtis, G.H. , Swisher III, C.C. and Lewin, R. 2001.Java Man. London: Little, Brown & A ; Co.Deacon, T.W. 1992. The human encephalon. In Jones et Al. ( eds. ) . 1992.The Cambridge Encyclopedia of Human Evolution. Cambridge: Cambridge University Press, 115-123.Gore, R. 2000. Peoples Like Us.National GeographicVol.198/1 ( July ) , 90-117.Gowlett, J.A.J. 1992a. Early human mental abilities. In Jones et Al. ( eds. ) . 1992.The Cambridge Encyclopedia of Human Evolution. Cambridge: Cambridge University Press, 341-345.Gowlett, J.A.J. 1992b. Tools – the Palaeolithic record. In Jones et Al. ( eds. ) . 1992.The Cambridge Encyclopedia of Human Evolution. Cambridge: Cambridge University Press, 350-360.Haynes, C.V. 1984. Stratigraphy and Late Pleistocene Extinction in the United States . In Martin, P.S. and Klein, R.G. ( eds. ) . 1984.Quaternate Extinctions. Tucson: University of Arizona Press, 345-353.Jones, S. , Martin, R. and Pilbeam, D. ( explosive detection systems. ) 1992.The Cambridge Encyclopedia of Human Evolution. Cambridge: Cambridge University Press.Leakey, R. 1994.The Origin of Humankind. London: Weidenfeld & A ; Nicolson.Martin, P.S. 1973. The find of America.Science179, 969-74.Morwood, M. , Sutikna, T. and Roberts, R. 2005. World of the Small People.National GeographicVol.207/4 ( April ) , 2-15.Potts, R. 1992. The hominian manner of life. In Jones et Al. ( eds. ) . 1992.The Cambridge Encyclopedia of Human Evolution. Cambridge: Cambridge University Press, 325-334.Renfrew, C. and Bahn, P. 1996.Archaeology, Theories, Methods and Practice. London: Thames & A ; Hudson.Stanford, C.B. 2001.The Hunting Apes. Princeton: Princeton University Press.Stringer, C.B. 1992. Development of australopithecines. In Jones et Al. ( eds. ) . 1992.The Cambridge Encyclopedi a of Human Evolution. Cambridge: Cambridge University Press, 241-254.Wood, B.A. 1992. Development of early worlds. In Jones et Al. ( eds. ) . 1992.The Cambridge Encyclopedia of Human Evolution. Cambridge: Cambridge University Press, 231-240.

Andrew Jackson: Tyrant

â€Å"When the 1828 election rolled around, a lot of people were terrified when they heard Andrew â€Å"Old Hickory† Jackson was running. If you're wondering how a guy we're calling a bad ass got such a lame nickname, it's because he used to carry a hickory cane around and beat people senseless with it, and if you're wondering why he did that, it's because he was a f#$%*in g lunatic. † (Daniel O’Brien February 15, 2008) This quote from cracked.com illustrates the depth of the ruthlessness within Andrew Jackson, and it is this callousness that made him a tyrant of a President.His decisions were calculated. Andrew Jackson was known to be the type of person who would put his friends into government as a reward instead of the people who would actually be good for the job. This was called the Spoil System. The main purpose for the Spoil System was to ensure that when the party control changed, so did the administrators.Andrew Jackson was also known for taking advantag e of his power in the executive branch, while ignoring the Judicial and Legislative branches. He abused his power to veto to try to make himself more powerful than congress, and he ended up using the veto about sixteen times. Andrew Jackson was who started the act that moved thousands of Indian families to Oklahoma. This displacement was what became known as the â€Å"Trail of Tears. † The Natives were forced to walk across the country during the winter with nothing but clothes, where nearly 2000 Native Americans died.Jackson must have thought it was okay for him to evict them because of his thought to designate their own land to live on, even though the Native had so many advances in becoming civilized so they could be accepted by him and other citizens. Andrew Jackson was one of the biggest slave owners in the south and he was a big believer in Manifest Destiny, which he supported the right of whites to conquer North America. Jackson was also known for breaking campaign pol icies.He had stated that he supported state government, but ended up expanding federal government and that caused a lot of controversy. A good president would not jeopardize the lives of innocent people or try to steal power to make himself the center of the government. A good president wouldn’t put himself before his own people. For these reasons I believe that even though Jackson may have done some things to help our country, overall he was a horrible president.

linguistic feature in fairy tale

Once upon a time†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..these four little words reverberates in the souls of the children and flies their little mind into the imaginative world of magic, fairies, demons, witches, talking wolf who is always ready to capture small and pretty children in its enthralling and devilish jaws. These words squeeze the heart of the children while taking them into the world of fantasy. These words are the starting point of the fairy tales that children love to hear and enjoys every moment of it. They have a universal appeal and are timeless, though depicting the culture of the time in which they are written. The fairy tales are unique in themselves and their uniqueness lies in the distinctive and thematic appeal with which they carry themselves. Despite their typical approach there is an ample scope for creativity and inculcate within children the values that are landed from generation to generation in their innocent world. Several types of narrative styles and techniques form the part of fairy tails, yet all are distinct especially in the relationship which is developed between writer and audience. The genre lies in teaching the children and adults alike putting them into the textual journey before it starts. The basic characteristic of the fairy tale lies in the approach which the writers take in exploiting the narrative and linguistic features to the full capacity. The traditional folk tales which used to belong to oral traditions used to depend on their exceptional characteristics like prosodic phonology, intonation, the use of pauses, rhythm, the different qualities of voice, as well as on paralinguistic codes, among which gestures, mimicry, eye contact etc. Though written narratives cannot imply all these yet have developed their own independent style of narration. (Bruti, â€Å"Which narrative features†, 1999, para.17) The narrative form is encoded in a linguistic form by the use of the initial/final fixed phrases. (Bruti, â€Å"Which narrative features†, 1999, para.16). The linguistic forms further depend in the genre and on the readers for which they are written. The main role of the linguistic form is to provide information with evidences in form of tales. One of the fixed phrases lies in the tradition of the opening and closing formula, a typical example of which is â€Å"Once upon a time† and â€Å"lived happily ever after†. These expressions associate the closeness between writer and children. It creates enthusiasm among the readers and suspends their disbelief in world of fantasy in which the writer is taking them, for e.g. talking of animals, princess turning into frog unless Prince comes to kiss her and bring her to original human form etc. Besides these ritual formulas, the linguistic features include the maximum use of repetitions for making expressions and for the events to unfold. The repetition helps in the easy understanding of the texts, which reflects the mark of the oral tradition.   Other basic linguistic features are the redundant structures and they also found similarity to the oral narratives.   Ellipsis and co-ordination is the characteristic feature of redundant structure, which evolves due to the fact that writers write the stories from the children angle and organizes the information in such a manner that they brings out the actual knowledge that should be imbibed to the children. The other beauty of the fairly tale is the absence of detailed description. The physical description of characters is given more prominence then going deep into their nature and inner attributes. This is done to give semantic clarity and uniqueness. And in many fairy tales characters never change physically for e.g. If the y are young, they will ever remain young. The author can give in many cases some spatial or temporal information, for e.g. The case of hyperbolic distances like, he rode on a horse for thousands miles. Writers also have full scope for temporal deviations that means they can temporarily deviate from the original path to put the excitement and enthusiasm among the readers with the help of creating the impact of visualizations. Another feature that gives punch to the story is the impulse of the protagonists that is directly heard, and which derives him or her to comment and unfold the events taking place to create the influence on the readers. This feature is called as a Conative function, which according to dictionary means mental process or behavior directed towards action or change and including impulse, desire, volition, and striving. The tenses are used frequently in the narration. The Tenses may be either â€Å"commutative† or â€Å"narrative†: A commutative attitude comes with the involvement of the speaker, and his addressees. Narrative verb brings about detached attitude. Tenses are also classified into two categories, the retrospective, which depicts the past events, and the perspective, which takes the readers to the future. Then the verbs are also used to describe the background actions. In fairy tales, that exclusively needs to be notified is about the content or we call the theme which is ordinary i.e. it shows the reality of the life and reality of the world but its beauty lies in the context of fiction and fantasy where it is fitted which makes it more interesting and enthusiastic for the readers. It implies on the ordinary daily objects too like a mirror in which we look at ourselves. It shows the beauty of the princess but this mirror is used in a Snow White as a magic mirror having powers to show the witch her ugliness and update her about the Snow white. In many fairy tales like in the Danish fantastic tales for children, which as told in , Den fantastiske fortà ¦lling i dansk borne literatur 1967 – 2003 , there is an extensive use of figurative language, specially natural metaphors and playing with the popular phrases and clichà ©s. There is also distinguish between two traditions in fantastic tales, one is content oriented epic tradition and the other is language oriented experimental tradition.   The first trend is more communicative and the second trend included language that is easily grasped and makes an exclusive sense to the readers. There are also linguistic games and digressions, meta-linguistic elements, which more focus on the communicative style but not the content. (Centre for Children's Literature, Denmark). Fairy tales are part of the children's lives, and their world. They immerse in the children the sense of belongingness to the Supernatural elements and rejuvenate their souls and give them encouragement. Though the prince, snow white, little red ridding hood, tough princess are all fictions but are part of the children's life so the language of these fairy tales is the language of the children. References 1. Bruti Silvia, November 1999. Approaching Writing Skills through Fairy Tales, The Internet,   TESL Journal Vol. V, No. 11, (Online). Available:  Ã‚  (11 March 2007) 2. Centre for Children's Literature, Denmark. Center for bornelitteratur. (Online). Available: http://www.cfb.dk/site.aspx?p=766 (11 March 2007) 3. Godard Barbara, 1979. Crawford's Fairy Tales, SCL/ELC Volume 4.1 1979 (Online). Available:   http://www.lib.unb.ca/Texts/SCL/bin/get.cgi?directory=vol4_1/;filename=godard.htmhttp://ww (11 March 2007) 4. Hà ©bert Louis, 2006. The Functions of Language, in Louis Hà ©bert, (dir.), Signo [on-line]         Ã‚  Ã‚  Rimouski (Quebec), (Online). Available: http://www.signosemio.com. (11 March 2007) ;