Recent International Contribution on Climate change Essay

Ongoing International Contribution on Climate change - Essay Example An Earth-wide temperature boost has lead to huge environmental change far and wide because of the unchecked human exercises and the results of the a dangerous atmospheric devation can be seen from numerous points of view; there is chilly liquefying on the planet most noteworthy known mountains. The cold dissolving is brought about by the ascent in the worldwide temperature to the degree that the bonds holding the water particles in a strong state are debilitated permitting the ice to stream down the incline. Irregular climate and climatic have additionally described the worldwide climatic change driving o shifted horticultural yields just as termination of indigenous widely varied vegetation. An unnatural weather change therefore is seen by the natural specialists to compound later on if the vital relief measures are not taken in the most ideal time conceivable. The impact of the a worldwide temperature alteration in environmental change has pulled in the consideration of the universal bodies and a few shows have been held to locate an enduring arrangement in consummation human exercises that quickens a dangerous atmospheric devation. In the shows, a portion of the variables that have been singled as the significant patrons of the a dangerous atmospheric devation incorporate, mechanical outflows in the industrialized nations combined with wanton freeing from the regular timberlands in the creating nations. Every one of these exercises add to the aggregation of the ozone depleting substances in the environment, a formula for a worldwide temperature alteration.

Leadership Motivation and Friedman free essay sample

?Question #1: Which University of Iowa, Michigan, and Ohio State initiative style does Art Friedman use? Is there mutiple? Workmanship utilizes the vote based, high representative focused, and low structure high thought initiative styles. Friedman meets the models for each of the three of the authority practices recorded above by permitting workers to settle on choices that will affect the organization, meeting their own needs, and speaking with them to create trust, backing, and regard, while remembering their best government assistance. He permits his employee’s the capacity to make their own timetables, see the organization as their own, decide their compensation, and shows his trust, by permitting them to acquire cash from the negligible money framework when required. Question #2: Which explicit inspiration level, factor, and need (from the substance inspiration hypotheses) apply to Friedman Microwave Ovens? Franchisee are on the self-realization Hierarchy of necessities level, Art utilizes inspirations (two-factor hypothesis) , and Art gives franchisees capacity to make elevated levels of progress (procured need hypothesis). We will compose a custom exposition test on Initiative: Motivation and Friedman or then again any comparative point explicitly for you Don't WasteYour Time Recruit WRITER Just 13.90/page He accepted that his workers were not persuaded, so he actualized changes. He has given a domain that persuades his representatives by permitting them to decide their own wages, incidental advantages (when they go on vacation), and making their own work routines. He additionally enables them to give their own employer stability and working conditions, in light of their capacity to deal with their own work, hours, and downtime. Friedman’s methods for propelling his workers made an expansion in their profitability to procure the raises the representatives esteemed fit for themselves. He didn't encounter an issue with under or overstaffing, and has demonstrated â€Å"It accomplished work, it despite everything works, and it will consistently work! † Question #3: Do value and hope hypothesis apply to this case? Clarify. Truly, franchisees are dealt with fairly as they work for themselves and income depend on their exhibition. Franchisees can likewise set their own objective, which they accept they can meet (hope), acknowledging they will get the incomes (instrumentality), and the objectives can be of valance to them. I accept that both value and hope speculations apply to this case. The content expresses, that Equity Theory proposes â€Å"people are roused when their apparent information sources equivalent outputs†. Friedman utilizes this hypothesis to rouse his workers by permitting them to decide their own compensation and calendar. The content expresses that Expectancy Theory proposes â€Å"people are inspired when they accept they can achieve the assignment, they will get the prize, and the compensations for carrying out the responsibility merit the effort†. Friedman places duty on his representatives by imparting that he needs them to feel the organization is â€Å"ours† not â€Å"his†. The persuasive procedure of permitting everybody to be a manager enables them to control their occupations. The prizes merit the exertion, since he permits them the adaptability to decide their own compensation and hours. Q#4. Which sort of support does Art use? Craftsmanship utilizes uplifting feedback as he lets franchisees do whatever them might want to do. Friedman utilizes encouraging feedback in his organization. Friedman gives the uplifting feedback by permitting the workers to decide their own wages and hours, as they see their own value. They are permitted to give themselves pay increments and alter or make their timetables as they see fit. He additionally permits them to get cash from the insignificant money framework, at whatever point they have to. He demonstrated that none of the strategies he has executed have been manhandled by any of his representatives. He has seen efficiency increment and contributes it to his business strategies. Q5: Do you are aware of any associations that utilization any of Friedman’s or other uncommon methods? On the off chance that truly, what is the organization’s name? What does it do? I don't know about whatever other associations that utilization Friedman’s method. The nearest thing I could consider would be a self employed entity charging a business for administrations. They pick their rates and make their own timetables Q6: Could Friedman’s procedures work in all associations? Clarify your answer. I certainly don't think Friedman’s strategies could work in all associations, or even most associations so far as that is concerned. I think most organizations are too huge to have the option to give such a high level of trust to their workers without anybody mishandling it. I likewise believe that individuals would feel more insulted and it would make workplace issues with respect to the compensation. Q7: In a place of power, OK use Friedman’s strategies? Which ones? I for one would not utilize Friedman’s methods. I do think it sounds a little â€Å"too great to be true†. I likewise would not have any desire to set myself in a place to have the option to be exploited. I figure an excessive number of things could turn out badly and you could be blamed for things like preference. http://www. termpaperwarehouse. com/article on/Leadership-Ethics/180653

An Open Letter to People Who Dont Think They Need to Read Diversely

An Open Letter to People Who Don’t Think They Need to Read Diversely I love old, dead white men. There. I said it. F. Scott Fitzgerald is my boy. Tolstoy, Dickens, Steinbeck, Orwell, and Nabokovâ€"Give me all the books. I even have a Vonnegut quote tattooed on my wrist. But because of that love, for the longest time, I experienced a very narrow sliver of what literature has to offer. The worst thing about that was that I didn’t know it. Sure, I read some diverse fiction when I was in high school. I read Things Fall Apart by Chinua Achebe, The Sound of Waves by Yukio Mishima, Anowa by Ama Ata Aidoo, Narrative of the Life of Frederick Douglass by Frederick Douglass, and The Lion and the Jewel by Wole Soyinka. These aren’t the only diverse books that my classes read, because I know my teachers explicitly made an effort to introduce us suburban kids to diverse authors. But the thing that didn’t sink in then was why reading diversely is important. That wasn’t a lesson I learned until college when I took a class on literary theory. That class, especially the words of my peers who all came from different backgrounds, taught me to see a literary work through another’s eyes. So when I graduated and started a job at my old high school, my old English teacher was tickled to hear me say, “I have a problem with this curriculum. Just too many old, dead white guys.” That doesn’t mean I was putting my money where my mouth was though. Scrolling back through my “read” shelf on Goodreads, I see my reading looking a lot like this: dead white dude, dead white dude, dead white dude, living white dude, living white woman, dead white dude, hispanic woman whose book was assigned…. Seriously, yikes. You might be thinking, well, who cares? Read what you want to read. But there are so many problems with the idea that what I wanted to read could only be written by dead white guys. That statement itself hides the toxic assumption that authors of color couldn’t possibly write something that is relatable to a white reader. Like, what? A good story written well is relatable. Period. If you can’t relate to it, it might not be a good story. I don’t know about you, but I have read plenty of stories I just couldn’t connect with. Many of those stories were written byâ€"you guessed itâ€"old dead white guys. Relating to and empathizing with a character is the entire point of fiction! This has everything to do with how skilled the writing is and nothing to do with the race, gender, sexuality, or class of the writer. A good story is a good story. The end. Still, many people see reading diversely as just an excuse to pat yourself on the back. That is so false. In Book Riot’s “Reading Diversely FAQ” series, Amanda Nelson really brings home that point in part four of the series: “As far as “just” filling a quota: that assumes that people of color don’t write books you would’ve been interested in naturally, and that reading books by authors who aren’t white is “just” to be done to satisfy some external goal. By diversifying your reading, you’re actively doing something to combat structural racism (especially if you’re in the U.S.), and you’re setting yourself up for a richer, more interesting reading life.” One of the most important reasons why I try to read diversely is because I wholly believe in the power of story. Story is transformative. It allows you to, for at least a little while, become someone else. When a story is written well, you can experience another time and place so profoundly that it changes you. We should want to know what it is like to experience the lives of people different from us. And when we do, what might strike us the most is seeing that on the inside, we’re not all that different. Like Amanda said, that makes for “a richer, more interesting reading life.” That’s true. But it also makes for a kinder life, because people who can step outside their safe readerly bubbles will find there a capacity to care for their fellow human beings like they never thought they could before. Now, I can’t say that I’m perfect or that 50% of all the books I read are by authors of color, but I am more conscious of what I read now. One of the biggest things that helped me with that was Litsy. For a while, every month, I would post my reading stats. The first time I did it, I was shocked. I read 15 books that month, but only three of them were written by authors of color. That didn’t seem like enough, because I truly wanted to experience the lives of people who aren’t exactly like me. (I mean, I’m already living that life. I know what happens in it.) So I upped my game, and Book Riot’s diverse reading recs honestly helped a lot. Diverse Recs So if you too want to empathize with your fellow humans on this wild globe of ours, here are some book recommendations to get you there: 8 Great Diverse Book Club Picks for Summer Reading Genre-defying Translated Fiction That Deserves More Attention 4 Personal Essay Collections by Women of Color to Put on Your TBR Your 25 Favorite Authors of Color 100 Must-Read Sci-fi Fantasy Novels by Female Authors 100 Must-read Classics by People of Color What are some of your favorite diverse reads? One of my favorite books is The Lone Ranger and Tonto Fistfight in Heaven by Sherman Alexie. Leave your own in a comment!

The Ways in which Act 3 scene 5 Prepares the Audience for...

The Ways in which Act 3 scene 5 Prepares the Audience for the Tragic Ending of William Shakespeares Romeo and Juliet In the time of Shakespeare the word tragedy is used to describe a hero or heroine, usually from a noble family, involving a sad ending with the hero or heroin dying. Nowadays the word tragedy is used to describe everyday things, anything that is sad in the television and newspapers is called a tragedy. It is very often used as a story leading to a sad ending. Tragedy is most used in our world today when something really bad happens that doesnt occur too often. A good example would be the world trade centers that were destroyed by terrorists on a hijacked plane. My definition of tragedy†¦show more content†¦In the beginning of the play Capulet wants the best for Juliet, but seems to have changed his mind and talks like he is selling property not his own flesh and blood. The way he talks indicates he doesnt want Paris to change his mind about marrying Juliet because of all the trouble happening involving their family. He talks quickly, asks questions and answers them himsel f as if hes afraid of the answers: à ¢Ã¢â€š ¬Ã‚ ¦I think she will be ruld. In all respects by me; nay more, I doubt it not. Wife, go you to her ere you go to bed, Acquaint her here of my son Paris loveà ¢Ã¢â€š ¬Ã‚ ¦ Monday, ha,ha! Well, Wednesday is too soon, AThursday let it be - AThursday, tell her, She shall be married to this noble earl. Will you be ready? Do you like this haste? Well keep on great ado - a friend or twoà ¢Ã¢â€š ¬Ã‚ ¦ From Capulets behavior, it is known that he is a man with too much power, he shows it in the way he controls his wife and daughter. Capulet is a man who has values that can easily be forgotten when faced with the possibility of more money and power, which is what hell get if Paris marries Juliet. Veronas society is made up of power and money, without it you are no one. Shakespeare makes it very clear the way act 3 scene 4 is written that everything is being arranged in haste. He shows thatShow MoreRelatedEssay about Dramatic Irony in Shakespeares Romeo and Juliet877 Words   |  4 PagesWilliam Shakespeare’s Romeo and Juliet is a tragic story about two lovers who are from two disputing families, and their eventual suicides. Shakespeare uses dramatic irony throughout the play to create tension for the audience and foreshadow the ending. Dramatic irony is when the words or actions of characters in a story have a different meaning to the reader than to the characters. This is because the reader knows something that the characters do not. Romeo and Juliet’s death could have been prevented

The Role Of Rti Special Education For Children s At Risk...

The role of RTI in special education is the early identification of student’s at-risk with learning difficulties. RTI data can be essential for prevention and interventions with the SLD identification process. The Data gathered through RTI can be used in SLD intervention determinations. When the model is properly used, all students identified for SLD needs more services than the interventions provided in Tier 1 and 2. RTI should be used in conjunction with other measures (e.g. CHC theory, multi-data source assessments, curriculum based measures) when determining a SLD classification. According to IDEA, a student with a SLD has a â€Å"neurologically based disorder or specific cognitive disorder.† In regards to special education, there must also be an evaluation/assessment of an individual’s performance in cognitive abilities and psychological/neuropsychological processes related to the academics, where as there is an adverse impact on their educational performanc e. As previously learned in the 2006 Federal Regulations, it states â€Å"states must adopt a criterion for determining if a student has a disability†. RTI can be used to early identification for at risk students with academic or behavioral problems. RTI should be used in conjunction with other measures when determining a SLD classification. The data gather from RTI can be useful to SLD determinations. RTI has standard protocol and a problem solving approach. The standard protocol approach is for all students, has evidenceShow MoreRelatedThe Importance Of Teaching Strategies1160 Words   |  5 Pagesleaders in both, vacillating between the roles of supporter, intervener and facilitator (Ockerman, et.al). In terms of RTI effectiveness, Olmez and Argun (2017) suggest that RTI is more effective if implemented at a younger age level, preferable prior to 5th grade. Waiting this long may decrease the likelihood of greater successes. Different teaching approaches were encountered during this study and the findings displayed how different teaching methods, involving RTI, lead to low academic achievementRead MoreEffects of Response to Students Reading Intervention Essay1117 Words   |  5 PagesIndividuals with Disabilities Education Act of 2004 (IDEA) in combination with the No Child Left Behind (NCLB) law are significantly changing the way classroom teachers, reading teachers, and special education teachers are identifying students’ needs and delivering instruction. Response to Intervention (RTI) is becoming the prevailing model for schools in Wisconsin and across the nation to address the learning needs of all students. According to Fuchs and Fuchs (2006), RTI is a multi-tiered approachRead MoreResponse Intervention ( Rti )3288 Words   |  14 PagesResponse to Intervention (RtI) In schools across the United States, education leaders are actively seeking ways to increase the academic achievement of all students, both with and without disabilities. Increased accountability for student achievement in accordance with the No Child Left Behind Act of 2001 (NCLB) has led to the greater need for the differentiation of instruction, collection of student data, and close monitoring of the data that is then used to drive instructional decisions. OneRead MoreStudent Learning Is The Family Of The Child Essay1610 Words   |  7 Pages3.1 Student learning is influential in many ways. The first of many is health. Often the health of the child can be overlooked as a factor, because scenarios in training may not account a child’s health to be poor. However, an unhealthy child can lead to absences and lose many educational opportunities, thus putting the child further in an achievement gap. In addition, health problems can affect various ways a child can play and interact in the school community. If a child has a medical conditionRead MoreLearning Disabilities And How It Affects People And The Way They Learn Essay1888 Words   |  8 PagesIn today’s world, we recognize many kinds of learning disabilities that affect people and the way they learn. Particularly, many studies like to focus on these learning disabilities and how they affect students in our education systems. A learning disability is defined as a condition that causes difficulties in acquiring skills and knowledge to the same level as othe rs of the same age and many students today suffer from learning disabilities, both severe and mild. 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In 2003, a commission established by the National Assessment Governing Board (Governing Board) to review and make suggestions about indicators of academic preparedness for postsecondary education and training recommended the use of the grade 12 National Assessment of Educational Progress (NAEP, 2014). A combinationRead MoreEffective Assessment For Exceptional Ebd Students4570 Words   |  19 PagesResponse to Intervention Team (RTI) to determine what school based supports and or interventions could be put into place to help the student. If the interventions are not successful, then the student can be referred for EC evaluations to determine if they are in need of special education services. The referral for the special education process should occur within 90 days. If a student is determined to be eligible for special education services, then an Individualized Education Plan (IEP) is developed.Read MoreThe Civil Rights Movement Of The United States3431 Words   |  14 PagesBoard of Education in 1954, the US supreme court ruled that it was unlawful under the fourteenth amendment to discriminate subjectively against any group of people. The court applied this to the education of children. Soon people with disabilities were acknowledged as another group whose rights had often been dishonored because of discrimination. Pennsylvania Assoc for Retarded Children v. Commonwealth (1972) This case resolved that schools cannot refuse to educate students, free public education mustRead MoreEssay On Behavioral And Emotional Disorders4355 Words   |  18 Pagesand early high school years. Now they are being seeing much earlier, which is leading educators, administrators, and politicians to seek information and assistance in many different ways. Not being the easiest to work with or have in a general education classroom setting or environment, these students; often lead to a knee jerk reaction by teachers wanting to remove these students from the room. When a student is struggling with reading, math or writing, they are not removed from those subjects

Strategic business management and planning Free Essays

string(57) " given priority according to their place in the company\." Introduction 1. Milton Friedman and profit maximisation: â€Å"The Business of Business is Business† Employees are very use full tool in any organisation, they are the one who have the direct contact with the consumers / customers and through their skills (which are provided by the organisations) they communicate with customers by providing them the end product or services, who bring the cash flow and profit in the organisation. So then the organisation can accomplish its goals and objectives in order to flourish. We will write a custom essay sample on Strategic business management and planning or any similar topic only for you Order Now Organisations facilitate people with job opportunities then these people become the employee of that particular organisation, and then again organisations provide their employees the other relevant facilities like wages and job security, and in return these employees work hard and full fill the organisational responsibilities and help organisations to grow. This all process helps the society to retain its social balance. We can say organisations and businesses are helping the society by providing the job opportunities for the people so they can participate in their social responsibilities. But the main reason for any organisation to exist is to make profit and then more profit, by providing tangible or intangible products to their customers according to their needs, if the customers are satisfy with the products or with the services, the organisations or businesses will make profit. But if the customers are not satisfied with it they will go somewhere else in order to satisfy their needs and to get the better value for their money. Same thing apply to the employees of any organisation, if employees are very satisfy with the organisational facilities, they will become the loyal employees, work hard and feel like motivated and they help to achieve the organisational goals and objectives. But if the employees are not satisfied with facilities provided by any organisation or business, they will leave it and work somewhere else in order to be satisfy. 2. Charles Hendy’s Stakeholder view: Organisations use the shareholder’s (investors) money to start it or to do any business then it involves the suppliers who provide the raw materials, employees who work within the organisation and then the customers who buy the end product and bring the cash flow in the business. We can say it a cycle of investing, selling and bringing profit. So the shareholders can receive their money back with dividend. Shareholders always want the big chunk of the profits in dividends but the board of directors want to keep the most of the profit and pay less in dividends, so they enhance the organisation and reinvest in the business and try to become the leader or try to do better in future. Anybody who has any kind of interest with any organisation is called a stakeholder. It could be the individuals, groups or the different organisations as well if they are affected by it or affect the actions and decisions of the organisation. In very simple way we can say that, shareholders, employees, suppliers, customers, financial institutes, Government and society, all are stakeholders. Shareholders are always very interested in any kind of decision which effect that dividends that they receive from the profits, but any other decision which reduce the dividend even by a fiction, will not be popular with the shareholders. Employees are the best tool in any organisation in order to generate the profit, so the organisational views, goals and objects should be very clear to them. Suppliers always want to get the regular orders with punctual payment and it can easily effected by the decisions made by the organisations. Customers always want the better value for their money, they always be concerned by the organisational decisions which affect the quality and price of the end products. Financial institutes will try to influence the organisations to get big loans for long periods of time. Government will make new laws and passes the legislations which effects the business and also play a role in decision making. Societies and communities can be effected in many ways by the decision making for an organisation. 3. The new capitalists: There are many organisations and businesses around the world which are funded by the pensioner’s money. Government invest tax payer’s money in many different organisations, businesses and companies all over the world in order to support the pensioners in the society. In this way many times government play a part as a shareholder, when these companies make profits government take its dividend as a shareholder and pay to the pensioners. Conclusion: In first view, the employees are use full tool for generating and maximising the profit for organisations. Stakeholders are very important for any organisation in order to invest or run an organisation and to keep a balance within the society. But in my views an organisation should really serve the stakeholders, they are the one who invest in it, run it and then bring back the cash flow in the form of profit. Q. What are the implications of these differing views for Manager’s development of organisational strategy? A: managers are the agents of stake holders. They represent the stake holder’s needs, expectations, and values. Managers are the basic aspect of an organisation. The basic conflict raises the organisation when the agents, managers put their own views and values ahead of the stakeholder’s values and views and they try to demolish or violate their basic rights. If we keep in mind any of the view mentioned above , in any of the view the stakeholders might be different but they play and have an important role in an organisation, so their needs and expectations needs to be accomplished for the success and progress of the organisation. But some time these rights are violated when the managers put themselves ahead of the stakeholders. Organisations goals and objectives must be coordinated with the stakeholder’s needs and expectations, so that no conflict must rise and every one must be given priority according to their place in the company. You read "Strategic business management and planning" in category "Essay examples" Managers are the middle people, they stand in between the goals and objectives of the organization and the needs and expectations of the stakeholders. So the responsibility is on the shoulders of the managers to keep the balance in any of the view mentioned above. Q. â€Å"Stakeholders represent more challenges than opportunities†. Appraise the conflicting needs, power and influence of stakeholders. A: Stakeholder groups are not usually homogeneous, but contain a variety of subgroups with some-what different expectations and power. Most stakeholder group consist of large numbers of individuals (such as customers and stakeholders) and hence can be thought of largely independently of the expectations of individuals within the group. In some cases it consist of a small number of individuals or even single individual (the chairman of the company or minister of the government department). {Exploring corporate strategy; Text and Cases} Any individual or a group of individuals have any kind of interest in any organisation or business is called Stakeholder. These all stakeholders can have a very deep impact on the organisations through their different needs, demands, power and interest, organisations exists to make profits by satisfying the stakeholders. i.Shareholders ii. Employeeiii. Suppliers iv. Customersv. Financial Institutes vi. Government vii. Society Conflict and Influence: These all different groups of stakeholders have different kinds of interest in the organisations sometimes it could be common and sometimes it could be different. For example in common interest employees and shareholders both have the common interest, which is the success of the organisation and profits which leads to the high dividend for the shareholders and job security for the employees, in the same way suppliers have the interest in expansion and success of the organisation. And in conflicting interest, if an organisation is making profits, wages will rise and it is an expense of dividend but shareholder will not like it. Sometimes organisational growth could be expense of the local community or the environment in general. Organisations have to do the strategic planning for their better future so they can void most elements that can affect it in the future. For example External Pressures (competitors, customers, suppliers, pressure groups and government) and Internal Pressure (managers, managerial commitments, employees and unions). Government can influence the organisations by bringing the new laws, high taxation or by changing the existing laws. Power: Internal stakeholders has a great influence on the organisations because of the authorities and power they have. If the internal stakeholders are satisfy with the facilities and organisational environment/atmosphere , where they work the conditions are good, they will enjoy being working in this kind of environment, but if it is not they can disrupt the organisational plans. Sometimes they can bring uncertainty in the plans and all the organisations needs and depends on the stakeholders. Internal stakeholders have power to delay the performance of strategy and they can threaten the organisational actions or they might refuse to work somewhere else. Shareholders rights to vote and selling their share can make an organisation very vulnerable to make progress. Financial institutes can refuse credit because of organisation’s bad credit history, they can charge high interests or even can take some legal actions for non-payment and in very extreme conditions initiate moves to liquid ate the organisation. Suppliers can demand for high prices in future or even can refuse credit. Customers, who brings the cash flow in the organisations and keep it alive, can go somewhere else where they can get better value for their money, which is not a good sign for any organisation. Government has the power to change any law or to bring the new laws which can affect the progress of an organisation, increasing the taxation, government spending and more legal action can disrupt the future strategies of any organisation. Environmental pressure groups has power to motivate the external stakeholders refusing to buy products/goods or services or by publicising organisational activities as unacceptable. Q. How can organisations manage shareholder conflicts and handle issue of ethics, corporate governance and regulation? A. Corporate Governance: â€Å"Corporate Governance refers to the influence and power of stakeholders to control the strategic direction of the organisation in general and more specifically, the chief executive and other senior officers of the organisation†; {Corporate Strategy. Richard Lynch} â€Å"Corporate Governance is a key element in enhancing investor confidence, promoting competitiveness, and ultimately improving economic growth†. (James Wolfensohn, president of World Bank) Corporate governance have a very close relationship with strategy arises from the opportunities given the senior level management to influence the future goals, objects and purpose of the organisation. This senior level management or managers are generally the directors of the organisations. Sometimes public bodies can also have structures of corporate governance and it helps to cover the major issues of any non-profitable sector including the monitoring of the public services, quality and the value for the money achieve by tax payer and charity givers. Corporate governance’s main priority is to protect the shareholders of any organisation, it also helps to protect the overall status of an organisation and its objects against deceitful activities by its directors and officers. In the best interest of an organisation, its business and its shareholders, the directors must always make decisions without bias. Because they are the one who are responsible of the success of an organisation and bring the maximum profit for its shareholders. It should be done ethically and according to the laws and regulations of the framework of the organisation. Corporate governance gives strong confidence to the shareholders that organisation is being well monitored and directors are performing in the way they should. â€Å"Corporate governance is a broad term that has to do with the manner in which the rights and responsibilities are shared among owners, managers and shareholders of a given company. In essence, the exact structure of the corporate governance will determine what rights, responsibilities, and privileges are extended to each of the corporate participants, and to what degree each participant may enjoy those rights. Generally, the foundation for any system of corporate governance will be determined by several factors, all of which help to form the final form of governing the company†. { http://www.wisegeek.com/what-is-corporate-governance.htm} Corporate governance plans different strategies to achieve the shareholders satisfaction. It helps to build the commitment between the managers and shareholders regarding the organisational goals and objectives. It provides a flow of positive information and disaggregation of financial information. Finally the target of maximizing shareholder’s wealth helps planned a strategy and sets valuable objectives for managerial decisions. â€Å"The value of the organisation need to be reflected in its purpose and possibly its mission statement, even the absence of value in the mission itself about the organisation and its view about its role in society, such matters may well reflect the role that the organisation sees itself playing in society, if any, and the responsibilities that flow from this† {Corporate Strategy, Richard Lynch} Ethical contemplation may influence corporate strategy at a numbers of levels. For some particular organisations it can be diverse, it doesn’t apply only that how an organisation dealt with its competitors or world at large but it also apply on the many other individuals, who are related with this particular organisation. It can be a customer or a worker. Ethical issues play a key part in the success of any organisation. Any organisation can achieve a good or bad reputation simply the way it behaves with its customers or individuals. Some organisations believe what they are only for making the profits, and ignore their ethical and social responsibilities. They think that the society is quite capable of looking after itself and just concentrate on looking after their shareholders. but on the other hands some believe that they have a responsibilities and role beyond this. This kinds of views in long term are beneficial for the organisation and for the shareholders. These views and mission statement helps for the good provisions for workers, strong ethical beliefs and standards and sponsorship of outside initiatives. In every society such considerations are sometimes unavoidable. These considerations may be very important to perform in that society such as environmental issues that goes beyond legal limits. Maximising of profits or money making is not wrong but it is the way in which some organisation act, and that brings the problem of ethical responsibility/behaviour. The concern of ethics is part of the professionalization of organisations, like welfare of the staff, job security and good environment for staff and customers. Ethical issues are very sensitive and should be dealt with in a highly professional manner. By dealing with ethical issues that an organisation is facing, managers are better able to understand and classify their own moral beliefs. Q: Critically analyse the content and relevance of the mission statements for each of the three different organisations (Pg165), with regards to their goals values and objectives. Tata steel: The history to Tata Steel is more than one hundred year old and was the vision and hardship of a single man, â€Å"Jamsetji Nusserwanji Tata†. It is also known as TISCO (Tata Iron and Steel Company Limited). It largest steel company in India and it world’s fifth largest steel company. It took a very long and difficult time to Tata steel to reach at this stage as it is now. Over the daces this company has manage to build up different avenues of effective steel exploitation and predictable intelligence in more than one way. In the days of industrial revolution Tata steel was struggling but the modern scientific methods from the west, helps Tata steel a lot to survive and it is now recognised as a leader in steel industry in India. Vision and mission: â€Å"We aspire to be the global steel industry benchmark for Value Creation and Corporate Citizenship.† Vision Our people, by fostering team work, nurturing talent, enhancing leadership capability and action with pace, pride and passion. Our offer, by becoming the supplier of choice, delivering premium products and services, and creating value for our customers. Our innovative approach, by developing leading edge solutions in technology, processes and products. Our conduct, by providing a safe working place, respecting the environment, caring for our communities and demonstrating high ethical standards. MISSION: Consistent with the vision and values of founder Jamsetji Tata, Tata Steel strives to strengthen India’s industrial base through the effective utilization of staff and materials. The means envisaged to achieve this are high technology and productivity, consistent with modern management practices. Tata steel recognizes that while honesty and integrity are the essential ingredients of a strong and stable enterprise, profitability provides the main spark for economic activity. Overall, the Company seeks to scale the heights of excellence in all that it does in an atmosphere free from fear, and thereby reaffirms its faith in democratic values. {www.tatasteel.com} Conclusion: In Tata Steel’s vision and mission statement it is very clear that this organisation is not only concentrating on profit maximisation to keep the shareholders happy but it seems to be very promising about the ethical standard, working conditions and facilities for their workers. This is the key point for any organisation to survive and flourish for a long time. Tata steel manage to survive over a hundred years by their great commitment to becoming the first choice as a supplier by providing the best products, services and creating the value for their customers, by using the modern technology to process their products. In all these processes they are concern about the environment and communities too. By keeping a good reputation in industrial territory, they are building a good image of India in all over the world. Tata steel’s main object is to become a leader in steel industry by suing all its available resources in an excellent manor and keep happy to all its existing customers and make new customers to bring the maximum profit by keeping its workers satisfy. It is a very challenging object but not impossible. THE METROPOLITAN POLICE: Every country and society have their own police officers, they are there to protect the people and their properties. Police works under the government in order to keep a peace and stability in the society. Government make laws for the betterment of the society and police enforce it, so the communities and societies can benefit. It is very challenging job, they have to be ready all the time for anything might happen. They have authority to catch any body if they are breaking the law or making threats for the society. In all police are there to keep a balance in the community so that people can relax. But in my country satiation is completely upside down. There police can arrest anybody criminal or innocent, in order to take bribe. Mission: Working together for a safer London Increasing public confidence and satisfaction Preventing and reducing crime, disorder and vulnerability Increasing safety and security Improving quality of service Being efficient and effective Values: Working together with all our citizens, all our partners, all our colleagues: We will have pride in delivering quality policing, there is no greater priority We will build trust by listening and responding We will respect and support each other and work as a team We will learn from experience and find ways to be even better {www.met.police.uk} Metropolitan Police is a non-profitable organisation and its purpose is to meet the needs of people in the community through their services. Like all other organisations, Met police have its own motivations, goals and objects to achieve, which are stated in their mission statement. A non-profitable organisation means, an organisation which is not concern about distributing the dividends to its owners but doing good work and providing the relevant services within the communities. In this case Met Police is helping to provide the safer living standard to the communities. By providing these services Met police does not ask for anything in return from communities, almost everybody who is working within this organisation get paid by the government, apart from the volunteer workers, who work with this organisation just for their inner satisfaction only. Villeroy Boch Villeroy Boch is a very old company and its history goes back to 1748. It started in a village of Audun-le-Tiche in Duchy of Lorraine by Francois Boch. In the beginning it stared manufacturing ceramic tableware, plates, cups, pots and tureens, in simple shapes but excellent quality. This company has achieve the international reputation through its commitment and focusing the quality of its products and still focusing on the better quality life style products. This company have its own reputation regarding to its high quality and brand name and generate the annual sale of Euro 715 million in 2009. VISION: Villeroy Boch’s vision is to â€Å"be the leading European lifestyle brand with high competence and trend-setting style for high-end design and living.† It is very clear that Villeroy Boch want to be a European leader by providing their customer good quality products. Its focus is to satisfy its customers need and demand. UNIQUENESS: Its all-inclusive approach and high degree of diversification which are focused on the two concept areas â€Å"the single-source bathroom† and â€Å"the completely laid table â€Å"Error! Hyperlink reference not valid. Product Innovations Design competence Focus on customer’s demands and choice Leader in lifestyle brand Conclusion: As it is a European leader it has to be very innovative and creative in order to survive and maintain its position in the market, it has high quality, high purchase products so it has to satisfy its customers. It is a customer valued organisation, the products and the services that are provided to customers or consumers, their needs and expatiations, values and choices are kept in mind. It has very unique resource of research to keep its reputation as a leader in the market and giving priority and keeping focus to its customer’s choices which is kept changing according to the time. REFERANCES: 1. Exploring corporate strategy; Text and Cases 2. Corporate Strategy. Richard Lynch 3. James Wolfensohn, president of World Bank 4. www.wisegeek.com/what-is-corporate-governance.htm 5. www.tatasteel.com 6. www.met.police.uk 7.www.villeroy-boch.com How to cite Strategic business management and planning, Essay examples

Understanding the Hummingbird Update

What Google’s Latest Algorithm Change Means to Businesses Consumers As always, the latest Google update has everybody talking. And little wonder. According to Forbes, â€Å"The update, code-named Hummingbird, is the biggest change to the underpinnings of the world’s leading search engine since early 2010, when Google upgraded its algorithm to one it called Caffeine.† Designed to coincide with Google’s 15th anniversary, the Hummingbird update consists of an entirely revamped algorithm that makes Google capable of responding more effectively to long, complex â€Å"conversational† search queries, making many question the future value of keywords and traditional SEO methods. Creating still greater worries for search marketers, Hummingbird follows closely on the heels of Google’s recent decision to switch to secure search for all users — with the two changes combining to create a one-two punch that’s causing a few equilibrium issues for webmasters. A New Google Search Algorithm Silently Slipped In While already in effect, having been gradually — and surreptitiously — introduced over the last month or so, the latest revamp of Google’s search formula, despite affecting about 90 percent of global searches, has apparently been noticed by few. Yet, those who pay closer attention to their search results may have already begun seeing more relevant links appearing in their SERPs in response to their most complex search queries. As for businesses, some may potentially have seen their search traffic rise or fall since the implementation of the new algorithm, depending on their current SEO practices. Yet, no matter which side of the search equation you happen to be on, this development represents good news for those who aren’t trying to game the system. As a consumer, you’ll be more likely to get the answers you actually want rather than those that relate to the various literal meanings of the terms used in your query, many of which, prior to the update, would have had absolutely nothing to do with your actual search goal. As a business, you should see more organic traffic reaching your website that may never have ended up there through literal keyword â€Å"relevance† alone. Analysis Advice for Businesses in Light of Hummingbird What is the upshot of the new Hummingbird algorithm, and how will it affect search marketers and the webmasters who oversee their websites? Perhaps even more importantly, what can businesses do to come out on the winning end of the deal in the aftermath of Hummingbird? The following information and suggestions should help reassure those website owners who are not resorting to Gray Hat or Black Hat SEO tactics to draw undeserved traffic to their sites: 1. As alluded to above, the new wider implementation of the conversational search that Google originally began using in its Chrome browser when it introduced Knowledge Graph last year and is now applying across the entire Web should offer brand new opportunities to businesses as searchers take advantage of Google’s ability to respond to the overall meaning of their queries and are thereby directed to relevant websites they may never have otherwise found. As always, websites that contain a wealth of related terminology sprinkled throughout their content to support their main keywords will give Google much more to work with in parsing these conversational queries in such a way that the right users find their sites. 2. SEO is not dead. Keywords may no longer be used in quite the same way they were previously — a good thing overall since they were so often misused or ineffective — yet they will still feature prominently in search queries in the sense that they will remain a vital part of the language used to express the searcher’s intent. As one analyst has stated, â€Å"As long as search engines require us to enter some type of term in order to find information, nobody can convince me that keywords aren’t and won’t continue to be important.† 3. Despite the comprehensive changes brought about by Hummingbird, one thing still hasn’t changed where Google is concerned (and never will): Publishing relevant, helpful, value-added unique content that’s aimed at people and not search engines is the best way to rank well in Google search results. As long as businesses publish original, high-quality content that meets peoples’ needs and attracts credible inbound links, they have little to worry about. As the analysis of one CBS Moneywatch writer concluded, â€Å"The upshot for many companies is that they’ll need to become less reliant on keywords in collecting customer data and focus more on providing content that is of value to the people they want to reach.† For businesses, this may be the crux of the Hummingbird matter.

Definition and Examples of Colligative Properties

Definition and Examples of Colligative Properties Colligative Properties Definition Colligative properties are properties of solutions that depend on the number of particles in a volume of solvent  (the concentration) and not on the mass  or identity of the solute particles. Colligative properties are also affected by temperature. Calculation of the properties only works perfectly for ideal solutions. In practice, this means the equations for colligative properties should only be applied to dilute real solutions when a nonvolatile solute is dissolved in a volatile liquid solvent. For any given solute to solvent mass ratio, any colligative property is inversely proportional to the molar mass of the solute. The word colligative comes from the Latin word colligatus, which means bound together, referring to how the properties of a solvent are bound to the concentration of solute in a solution. How Colligative Properties Work When a solute is added to a solvent to make a solution, the dissolved particles displace some of the solvent in the liquid phase. This reduces the concentration of the solvent per unit of volume. In a dilute solution, it doesnt matter what the particles are, just how many of them are present. So, for example, dissolving CaCl2 completely would yield three particles (one calcium ion and two chloride ions), while dissolving NaCl would only produce two particles (a sodium ion and a chloride ion). The calcium chloride would have a greater effect on colligative properties than the table salt. This is why calcium chloride is a more effective de-icing agent at lower temperatures than ordinary salt. What Are the Colligative Properties? Examples of colligative properties include  vapor pressure  lowering, freezing point depression, osmotic pressure, and boiling point elevation. For example, adding a pinch of salt to a cup of water makes the water freeze at a lower temperature than it normally would, boil at a higher temperature, have a lower vapor pressure, and changes its osmotic pressure. While colligative properties are generally considered for nonvolatile solutes, the effect also applies to volatile solutes (although it may be harder to calculate). For example, adding alcohol (a volatile liquid) to water lowers the freezing point below that ordinarily seen for either pure alcohol or pure water. This is why alcoholic beverages tend not to freeze in a home freezer. Freezing Point Depression and Boiling Point Elevation Equations Freezing point depression may be calculated from the equation: ΔT iKfmwhereΔT Change in temperature in  °Ci van t Hoff factorKf   molal freezing point depression  constant or cryoscopic constant in  °C kg/molm molality of the solute in mol solute/kg solvent Boiling point elevation may be calculated from the equation: ΔT Kbm whereKb   ebullioscopic constant (0.52 °C kg/mol for water)m molality of the solute in mol solute/kg solvent Ostwalds Three Categories of Solute Properties Wilhelm Ostwald introduced the concept of colligative properties in 1891. He actually proposed three categories of solute properties: Colligative properties depend only on solute concentration and temperature, not on the nature of the solute particles.Constitutional properties depend on the molecular structure of the solute particles in a solution.Additive properties are the sum of all the properties of the particles. Additive properties are dependent on the molecular formula of the solute. An example of an additive property is mass.

Definition and Examples of Colligative Properties

Definition and Examples of Colligative Properties Colligative Properties Definition Colligative properties are properties of solutions that depend on the number of particles in a volume of solvent  (the concentration) and not on the mass  or identity of the solute particles. Colligative properties are also affected by temperature. Calculation of the properties only works perfectly for ideal solutions. In practice, this means the equations for colligative properties should only be applied to dilute real solutions when a nonvolatile solute is dissolved in a volatile liquid solvent. For any given solute to solvent mass ratio, any colligative property is inversely proportional to the molar mass of the solute. The word colligative comes from the Latin word colligatus, which means bound together, referring to how the properties of a solvent are bound to the concentration of solute in a solution. How Colligative Properties Work When a solute is added to a solvent to make a solution, the dissolved particles displace some of the solvent in the liquid phase. This reduces the concentration of the solvent per unit of volume. In a dilute solution, it doesnt matter what the particles are, just how many of them are present. So, for example, dissolving CaCl2 completely would yield three particles (one calcium ion and two chloride ions), while dissolving NaCl would only produce two particles (a sodium ion and a chloride ion). The calcium chloride would have a greater effect on colligative properties than the table salt. This is why calcium chloride is a more effective de-icing agent at lower temperatures than ordinary salt. What Are the Colligative Properties? Examples of colligative properties include  vapor pressure  lowering, freezing point depression, osmotic pressure, and boiling point elevation. For example, adding a pinch of salt to a cup of water makes the water freeze at a lower temperature than it normally would, boil at a higher temperature, have a lower vapor pressure, and changes its osmotic pressure. While colligative properties are generally considered for nonvolatile solutes, the effect also applies to volatile solutes (although it may be harder to calculate). For example, adding alcohol (a volatile liquid) to water lowers the freezing point below that ordinarily seen for either pure alcohol or pure water. This is why alcoholic beverages tend not to freeze in a home freezer. Freezing Point Depression and Boiling Point Elevation Equations Freezing point depression may be calculated from the equation: ΔT iKfmwhereΔT Change in temperature in  °Ci van t Hoff factorKf   molal freezing point depression  constant or cryoscopic constant in  °C kg/molm molality of the solute in mol solute/kg solvent Boiling point elevation may be calculated from the equation: ΔT Kbm whereKb   ebullioscopic constant (0.52 °C kg/mol for water)m molality of the solute in mol solute/kg solvent Ostwalds Three Categories of Solute Properties Wilhelm Ostwald introduced the concept of colligative properties in 1891. He actually proposed three categories of solute properties: Colligative properties depend only on solute concentration and temperature, not on the nature of the solute particles.Constitutional properties depend on the molecular structure of the solute particles in a solution.Additive properties are the sum of all the properties of the particles. Additive properties are dependent on the molecular formula of the solute. An example of an additive property is mass.

Definition and Examples of Colligative Properties

Definition and Examples of Colligative Properties Colligative Properties Definition Colligative properties are properties of solutions that depend on the number of particles in a volume of solvent  (the concentration) and not on the mass  or identity of the solute particles. Colligative properties are also affected by temperature. Calculation of the properties only works perfectly for ideal solutions. In practice, this means the equations for colligative properties should only be applied to dilute real solutions when a nonvolatile solute is dissolved in a volatile liquid solvent. For any given solute to solvent mass ratio, any colligative property is inversely proportional to the molar mass of the solute. The word colligative comes from the Latin word colligatus, which means bound together, referring to how the properties of a solvent are bound to the concentration of solute in a solution. How Colligative Properties Work When a solute is added to a solvent to make a solution, the dissolved particles displace some of the solvent in the liquid phase. This reduces the concentration of the solvent per unit of volume. In a dilute solution, it doesnt matter what the particles are, just how many of them are present. So, for example, dissolving CaCl2 completely would yield three particles (one calcium ion and two chloride ions), while dissolving NaCl would only produce two particles (a sodium ion and a chloride ion). The calcium chloride would have a greater effect on colligative properties than the table salt. This is why calcium chloride is a more effective de-icing agent at lower temperatures than ordinary salt. What Are the Colligative Properties? Examples of colligative properties include  vapor pressure  lowering, freezing point depression, osmotic pressure, and boiling point elevation. For example, adding a pinch of salt to a cup of water makes the water freeze at a lower temperature than it normally would, boil at a higher temperature, have a lower vapor pressure, and changes its osmotic pressure. While colligative properties are generally considered for nonvolatile solutes, the effect also applies to volatile solutes (although it may be harder to calculate). For example, adding alcohol (a volatile liquid) to water lowers the freezing point below that ordinarily seen for either pure alcohol or pure water. This is why alcoholic beverages tend not to freeze in a home freezer. Freezing Point Depression and Boiling Point Elevation Equations Freezing point depression may be calculated from the equation: ΔT iKfmwhereΔT Change in temperature in  °Ci van t Hoff factorKf   molal freezing point depression  constant or cryoscopic constant in  °C kg/molm molality of the solute in mol solute/kg solvent Boiling point elevation may be calculated from the equation: ΔT Kbm whereKb   ebullioscopic constant (0.52 °C kg/mol for water)m molality of the solute in mol solute/kg solvent Ostwalds Three Categories of Solute Properties Wilhelm Ostwald introduced the concept of colligative properties in 1891. He actually proposed three categories of solute properties: Colligative properties depend only on solute concentration and temperature, not on the nature of the solute particles.Constitutional properties depend on the molecular structure of the solute particles in a solution.Additive properties are the sum of all the properties of the particles. Additive properties are dependent on the molecular formula of the solute. An example of an additive property is mass.

Overview of 1916 During World War 1

Overview of 1916 During World War 1 Previous: 1915 - A Stalemate Ensues | World War I: 101 | Next: A Global Struggle Planning for 1916 On December 5, 1915, representatives of the Allied powers gathered at the French headquarters in Chantilly to discuss plans for the coming year. Under the nominal leadership of General Joseph Joffre, the meeting came to the conclusion that the minor fronts that had been opened in places such as Salonika and the Middle East would not be reinforced and that the focus would be on mounting coordinating offensives in Europe. The goal of these was to prevent the Central Powers from shifting troops to defeat each offensive in turn. While the Italians sought to renew their efforts along the Isonzo, the Russians, having made good their losses from the previous year, intended to advance into Poland. On the Western Front, Joffre and the new commander of the British Expeditionary Force (BEF), General Sir Douglas Haig, debated strategy. While Joffre initially favored several smaller assaults, Haig desired to launch a major offensive in Flanders. After much discussion, the two decided on a combined offensive along the Somme River, with the British on the north bank and the French on the south. Though both armies had been bled in 1915, they had succeeded in raising large numbers of new troops which allowed the offensive to move forward. Most notable of these were the twenty-four New Army divisions formed under the guidance of Lord Kitchener. Comprised of volunteers, the New Army units were raised under the promise of those who joined together would serve together. As a result, many of the units were comprised of soldiers from the same towns or localities, leading to them being referred to as Chums or Pals battalions. German Plans for 1916 While Austrian Chief of Staff Count Conrad von HÃ ¶tzendorf made plans for attacking Italy through the Trentino, his German counterpart, Erich von Falkenhayn, was looking to the Western Front. Incorrectly believing that the Russians had been effectively defeated the year before at Gorlice-Tarnow, Falkenhayn decided to concentrate Germanys offensive power on knocking France out of the war with the knowledge that with the loss of their main ally, Britain would be forced to sue for peace. To do so, he sought attack the French at a vital point along line and one that they would not be able to retreat from due to issues of strategy and national pride. As a result, he intended to compel the French to commit to a battle that would bleed France white. In assessing his options, Falkenhayn selected Verdun as the target of his operation. Relatively isolated in a salient in the German lines, the French could only reach the city over one road while it was located near several German railheads. Dubbing the plan Operation Gericht (Judgment), Falkenhayn secured Kaiser Wilhelm IIs approval and began massing his troops. The Battle of Verdun A fortress town on the Meuse River, Verdun protected the plains of Champagne and the approaches to Paris. Surrounded by rings of forts and batteries, Verduns defenses had been weakened in 1915, as artillery was shifted to other sections of the line. Falkenhayn intended to launch his offensive on February 12, but it was postponed nine days due to poor weather. Alerted to the attack, the delay allowed the French to reinforce the citys defenses. Surging forward on February 21, the Germans succeeded in driving the French back. Feeding reinforcements into the battle, including General Philippe Petains Second Army, the French began to inflict heavy losses on the Germans as the attackers lost the protection of their own artillery. In March, the Germans changed tactics and assaulted the flanks of Verdun at Le Mort Homme and Cote (Hill) 304. Fighting continued to rage through April and May with Germans slowly advancing, but at a massive cost (Map). The Battle of Jutland As fighting raged at Verdun, the Kaiserliche Marine began planning efforts to break the British blockade of the North Sea. Outnumbered in battleships and battlecruisers, the commander of the High Seas Fleet, Vice Admiral Reinhard Scheer, hoped to lure part of the British fleet to its doom with the goal of evening the numbers for a larger engagement at a later date. To accomplish this, Scheer intended to have Vice Admiral Franz Hippers scouting force of battlecruisers raid the English coast to draw out Vice Admiral Sir David Beattys Battlecruiser Fleet. Hipper would then retire, luring Beatty towards the High Seas Fleet which would destroy the British ships. Putting this plan into action, Scheer was unaware that British codebreakers had notified his opposite number, Admiral Sir John Jellicoe, that a major operation was in the offing. As a result, Jellicoe sortied with his Grand Fleet to support Beatty. Clashing on May 31, around 2:30 PM on May 31, Beatty was roughly handled by Hipper and lost two battlecruisers. Alerted to the approach of Scheers battleships, Beatty reversed course towards Jellicoe. The resulting fight proved the only major clash between the two nations battleship fleets. Twice crossing Scheers T, Jellicoe compelled the Germans to retire. The battle concluded with confused night actions as the smaller warships met each other in the dark and the British attempted to pursue Scheer (Map). While the Germans succeeded in sinking more tonnage and inflicting higher casualties, the battle itself resulted in a strategic victory for the British. Though the public had sought a triumph similar to Trafalgar, the German efforts at Jutland failed to break the blockade or significantly reduce the Royal Navys numerical advantage in capital ships. Also, the result led to the High Seas Fleet effectively remaining in port for the remainder of the war as the Kaiserliche Marine turned its focus to submarine warfare. Previous: 1915 - A Stalemate Ensues | World War I: 101 | Next: A Global Struggle Previous: 1915 - A Stalemate Ensues | World War I: 101 | Next: A Global Struggle The Battle of the Somme As a result of the fighting at Verdun, the Allied plans for an offensive along the Somme were modified to make it a largely British operation. Moving forward with the goal of easing pressure on Verdun, the main push was to come from General Sir Henry Rawlinsons Fourth Army which was largely comprised of Territorial and New Army troops. Preceded by a seven-day bombardment and the detonation of several mines under German strong points, the offensive began at 7:30 AM on July 1. Advancing behind a creeping barrage, British troops encountered heavy German resistance as the preliminary bombardment had been largely ineffective. In all areas the British attack achieved little success or was repulsed outright. On July 1, the BEF suffered over 57,470 casualties (19,240 killed) making it the bloodiest day in the history of the British Army (Map). While the British attempted to restart their offensive, the French component had success south of the Somme. By July 11, Rawlinsons men captured the first line of German trenches. This compelled the Germans to halt their offensive at Verdun in order to reinforce the front along the Somme. For six weeks, fighting became a grinding battle of attrition. On September 15, Haig made a final attempt at a breakthrough at Flers-Courcelette. Achieving limited success, the battle saw the debut of the tank as a weapon. Haig continued to push until the battles conclusion on November 18. In over four months of fighting, the British took 420,000 casualties while the French sustained 200,000. The offensive gained around seven miles of front for the Allies and the Germans lost around 500,000 men. Victory at Verdun With the opening of fighting at the Somme, the pressure on Verdun began to wane as German troops were shifted west. The high water mark of the German advance was reached on July 12, when troops reached Fort Souville. Having held, the French commander in Verdun, General Robert Nivelle, began planning a counter-offensive to push the Germans back from the city. With the failure of his plan to take Verdun and setbacks in the East, Falkenhayn was replaced as chief of staff in August by General Paul von Hindenburg. Making heavy use of artillery barrages, Nivelle began attacking the Germans on October 24. Recapturing key forts on the citys outskirts, the French had success on most fronts. By the end of fighting on December 18, the Germans had effectively been driven back to their original lines. The fighting at Verdun cost the French 161,000 dead, 101,000 missing, and 216,000 wounded, while the Germans lost 142,000 killed and 187,000 wounded. While the Allies were able to replace these losses, the Germans increasingly were not. The Battle of Verdun and the Somme became symbols of sacrifice and determination for the French and British Armies. The Italian Front in 1916 With the war raging on the Western Front, HÃ ¶tzendorf moved forward with his offensive against the Italians. Irate at Italys perceived betrayal of its Triple Alliance responsibilities, HÃ ¶tzendorf opened a punishment offensive by attacking through the mountains of the Trentino on May 15. Striking between Lake Garda and the headwaters of the River Brenta, the Austrians initially overwhelmed the defenders. Recovering, the Italians mounted a heroic defense which halted the offensive at a cost of 147,000 casualties. Despite the losses sustained in the Trentino, the overall Italian commander, Field Marshal Luigi Cadorna, pressed forward with plans for renewing attacks in the Isonzo River valley. Opening the Sixth Battle of the Isonzo in August, the Italians captured the town of Gorizia. The Seventh, Eight, and Ninth battles followed in September, October, and November but gained little ground (Map). Russian Offensives on the Eastern Front Committed to offensives in 1916 by the Chantilly conference, the Russian Stavka began preparations for attacking the Germans along the northern part of the front. Due to additional mobilization and the re-tooling of industry for war, the Russians enjoyed an advantage in both manpower and artillery. The first attacks began on March 18 in response to French appeals to relieve pressure on Verdun. Striking the Germans on either side of Lake Naroch, the Russians sought to retake the town of Vilna in Eastern Poland. Advancing on a narrow front, they made some progress before the Germans began counterattacking. After thirteen days of fighting, the Russians admitted defeat and sustaining 100,000 casualties. In the wake of the failure, the Russian Chief of Staff, General Mikhail Alekseyev convened a meeting to discuss offensive options. During the conference, the new commander of the southern front, General Aleksei Brusilov, proposed an attack against the Austrians. Approved, Brusilov carefully planned his operation and moved forward on June 4. Using new tactics, Brusilovs men attacked on a wide front overwhelmed the Austrian defenders. Seeking to take advantage of Brusilovs success, Alekseyev ordered General Alexei Evert to attack the Germans north of the Pripet Marshes. Hastily prepared, Everts offensive was easily defeated by the Germans. Pressing on, Brusilovs men enjoyed success through early September and inflicted 600,000 casualties on the Austrians and 350,000 on the Germans. Advancing sixty miles, the offensive ended due to a lack of reserves and the need to aid Romania (Map). Romanias Blunder Previously neutral, Romania was enticed to join the Allied cause by a desire to add Transylvania to its borders. Though it had had some success during the Second Balkan War, its military was small and country faced enemies on three sides. Declaring war on August 27, Romanian troops advanced into Transylvania. This was met by a counter-offensive by German and Austrian forces, as well as attacks by the Bulgarians to the south. Quickly overwhelmed, the Romanians retreated, losing Bucharest on December 5, and were forced back to Moldavia where they dug in with Russian assistance (Map). Previous: 1915 - A Stalemate Ensues | World War I: 101 | Next: A Global Struggle

Islam Religion Field Research Paper Example | Topics and Well Written Essays - 1750 words

Islam Religion Field - Research Paper Example It is partially due to the very reality that faith in the Supreme Being is in the basic human instinct, which could not be denied or ignored altogether. â€Å"The critical difference between a religious and non-religious person is the acceptance of the transcendent, or otherworldliness, as the first reality. The transcendent provides a vehicle for meaning outside life itself and because, to the religious person, it has ontological primacy over the material world it provides a solid grounding.† (Prevos, 2005:3) Hence, religion gives meaning to human life, by making people oriented with the morality, ethics, values and systematic patterns of acting, reacting and behaving while entering into interaction with the social and natural environment. Thousands of religious belief systems exist on the face of the mother-earth, which maintain several similarities and differences from one another in nature, scope and teachings. In the long list of countless beliefs, Abrahamic faiths, inclu ding Judaism, Christianity and Islam, are quite distinguishing ones from the rest, and seek inspiration from one and the same light. Not only this that the Holy Scriptures of these three faiths narrate the same tales, but also all the three share one and the same mythology including the Oneness of God, existence of the holy prophets, angels, heaven and hell, Day of Resurrection and life after death., and reward and punishment on the concrete foundations of the deeds and misdeeds performed and committed respectively during their stay on earth as mortals. Although the Abrahamic religions are similar to one another in different ways, the followers of these faiths abhor each other and observe serious reservations on the basis of the misconceptions they have developed for one another without conducting any in-depth research on the philosophy and doctrine of purported rival faiths. It is therefore all the three Abrahamic faiths appear to be at daggers drawn against one another, where slig htest space of displaying tolerance towards one another has turned out to be a dream particularly during the contemporary times. The same was the situation with me, as being the true follower of the Christian faith, I viewed Islam as the religion consisted of extremists and fundamentalists, which condemned and censured people’s mixing up with the Jews and Christians as well as developing cordial social and corporate relationships with them at any cost. I also view the Muslims as hard-hearted nation, which looks down upon the others by declaring them pagans, atheists and infidels. Keeping in mind all these reservations, I decided to attend a religious gathering arranged and organized by the Muslims for some spiritual and moral purpose, so that I could have personal experience of the teachings and behavior adopted and observed by the Muslims. Though I had developed the very idea that interviewing some religious person at an Islamic center might bring some alteration in my estab lished onion about the Muslims, yet attending of the gathering brought revolutionary changes in my views about the community I had maintained serious reservations in past, and I returned from there carrying new image about Islam and Muslims at large. Last week I visited a mosque, situated in my city during the month of Ramadan, the ninth month according to the Islamic calendar. The month is reserved for fasting, and the Muslims keep fast the entire month from dawn to the sunset. However, the Shiite Muslims break their fast after ten minutes of sunset, as they argue that the sunset completes after seven to ten minutes of the apparent disappearance of the sun. Somehow,

Review of Technology Opportunities for GLM's Information Systems Research Paper

Review of Technology Opportunities for GLM's Information Systems Management 2012-2017 - Research Paper Example This new technology has been seen to have a lot of potential. With the advent of information technology, there is a lot to be desired with the adoption of mobile applications. The mobile phone technology is proving to be a simple and effective method of managing applications and businesses. There is also the technology of customer relationship management software that has been used and employed extensively. With the use of this enterprise software, it is simple to manage the relationship that the organization has with the clients. It is good to know what the clients require. This paper will look at the role that the three technologies have on GLM Company. It will assess the role that these three technologies have. Introduction There have been some trends which have boosted the growth of enterprise software in the market. The first factor that was considered is the achievement of integrated information architectures which is used to improve the performance of business systems. When on e company adopts the use of enterprise software, the competition will also be compelled to adopt enterprise software so that they are at par in competition. The second fact that has boosted the adoption of packaged software is the Y2K bug which was feared as the world turned to the millennium. Since the bug was solved, another factor is the striving of the European Union to have one currency. This encouraged the companies to have packaged software to replace tailor-made software solutions. This is seen as a way of solving a universal bug instead of having independent software developers. This is hard because there will be difficulty if bugs like Y2K is realized in the market. Another factor is that there is the paradigm shift of businesses from the offline systems to e-commerce. There are the greater advances in technology where the companies are shifting to the use of the Internet for solutions to the problems and challenges found in the business world. A brief review of the organi zation’s IS/IM to date after the implementation of the findings from BCCD The organization’s information system has been greatly improved since the implementation of the finding from BCCD. The operations and activities in different departments have been running on smoothly. The major challenges the organization faces and need to be addressed is the fact the different systems that are running in each department are independent. These make the flow of information from one department to another and hence slow down the speed of doing business. Another issue that still exists is the fact that these systems are managed separately. This gives room to risk like fraud. As such there is need for improvement in the system so that these entire shortcomings are addressed. We must enhance marketing capability to respond to new markets 2. We must improve customer communication 3. We must build integrated IT systems which are easy to manage and responsive to customer needs 4. We must improve working environment and practices for staff. 5. We must provide customer support training for key customer interface staff. 6. We must enhance sales to increase existing markets. Description of the technologies Mobile technologies One challenge that the company has been facing is ensuring that they are efficient in offering the services and also being able to outdo its competing firms. Often, the staff is faced with the difficulty of both attending to clients and attending the training workshops that were demanded. The

Case Study Analysis Cost Of Capital At Ameritrade Finance Essay

Case Study Analysis Cost Of Capital At Ameritrade Finance Essay Capital Asset Pricing Model is a model that describes the relationship between risk and expected return  and  that is used in the pricing of risky securities. Description: Capital Asset Pricing Model (CAPM) The general idea behind CAPM is that investors need to be compensated in two ways: time value of money  and risk. The time value of money is represented by the risk-free(rf) rate  in the formula and compensates the investors for placing money in any investment over a period of time. The other half of the formula represents risk and calculates the amount of compensation the investor needs for taking on  additional risk. This is calculated by taking a risk measure (beta)  that compares the returns of the asset to the market over a period of time and to the market premium (Rm-rf). The CAPM says that the expected return of a security or a portfolio equals the rate on a risk-free security plus a risk premium. If this expected return does not meet or beat the required return, then the investment should not be undertaken. The security market line plots the results of the CAPM for all different risks (betas). Using the CAPM model  and the following assumptions, we can compute the expected return of a stock in this CAPM example: if the risk-free rate is  3%, the beta (risk measure) of the stock is 2 and the expected market return over the period is 10%, the stock is expected to return 17% (3%+2(10%-3%)). CAPM has a lot of important consequences. For one thing it turns finding the efficient frontier into a doable task, because you only have to calculate the co-variances of every pair of classes, instead of every pair of everything. Another consequence is that CAPM implies that investing in individual stocks is pointless, because you can duplicate the reward and risk characteristics of any security just by using the right mix of cash with the appropriate asset class. This is why followers of MPT avoid stocks, and instead build portfolios out of low cost index funds. Cap-M looks at risk and rates of return and compares them to the overall stock market. If you use CAPM you have to assume that most investors want to avoid risk, (risk averse), and those who do take risks, expect to be rewarded. It also assumes that investors are price takers who cant influence the price of assets or markets. With CAPM you assume that there are no transactional costs or taxation and assets and securities are divisible into small little packets. CAPM assumes that investors are not limited in their borrowing and lending under the risk free rate of interest. How to Calculate the Cost of Equity CAPM The cost of equity is the amount of compensation an investor requires to invest in an equity investment. The cost of equity is estimable is several ways, including the capital asset pricing model (CAPM). The formula for calculating the cost of equity using CAPM is the risk-free rate plus beta times the market risk premium. Beta compares the risk of the asset to the market, so it is a risk that, even with diversification, will not go away. As an example, a company has a beta of 0.9, the risk-free rate is 1 percent and the expected return on the equity investment is 4 percent. Instructions Determine the market risk premium. The market risk premium equals the expected return minus the risk-free rate. The risk-free rate of return is usually the United States three-month Treasury bill rate. In our example, 4 percent minus 1 percent equals 3 percent. Multiply the market risk premium by beta. In our example, 3 percent times 0.9 equals 0.027. Add the risk-free rate to the number calculated in Step 2 to determine the cost of equity. In our example, 0.027 plus 0.01 equals a cost of equity of 0.037 or 3.7 percent. . Combining the risk-free asset and the market portfolio gives the portfolio frontier. The risk of an individual asset is characterized by its co-variability with the market portfolio. The part of the risk that is correlated with the market portfolio, the systematic risk, cannot be diversified away. Bearing systematic risk needs to be rewarded. The part of an assets risk that is not correlated with the market portfolio, the non-systematic risk, can be diversified away by holding a frontier portfolio. Bearing non-systematic risk need not be rewarded. For any asset i: where We thus have an asset pricing model the CAPM. Example. Suppose that CAPM holds. The expected market return is 14% and T-bill rate is 5%. What should be the expected return on a stock with ÃŽÂ ² = 0? Answer: Same as the risk-free rate, 5%. à ¢Ã¢â€š ¬Ã‚ ¢ The stock may have significant uncertainty in its return. à ¢Ã¢â€š ¬Ã‚ ¢ This uncertainty is uncorrelated with the market return. What should be the expected return on a stock with ÃŽÂ ² = 1? Answer: The same as the market return, 14%. What should be the expected return on a portfolio made up of 50% T-bills and 50% market portfolio? Answer: the expected return should be  ¯r = (0.5)(0.05)+(0.5)(0.14) = 9.5%. Multifactor CAPM In CAPM, investors care about returns on their investments over the next short horizon they follow myopic investment strategies. In practice, however: à ¢Ã¢â€š ¬Ã‚ ¢ Investors do invest over long horizons à ¢Ã¢â€š ¬Ã‚ ¢ Investment opportunities do change over time. In equilibrium, an assets premium is given by a multi-factor CAPM : Limitations of CAPM Based on highly restrictive assumptions i.e. no tax, transaction costs etc Serious doubts about its testability. Market factor is not the sole factor influencing stock returns. Summary of CAPM CAPM is attractive: 1. It is simple and sensible: is built on modern portfolio theory distinguishes systematic risk and non-systematic risk provides a simple pricing model. 2. It is relatively easy to implement. CAPM is controversial: 1. It is difficult to test: difficult to identify the market portfolio difficult to estimate returns and betas. 2. Empirical evidence is mixed. 3. Alternative pricing models might do better. Multi-factor CAPM. Consumption CAPM (C-CAPM). APT. Other Methods for calculating cost of equity There are 3 methods which are mainly used for calculating Cost of equity other than CAPM Arbitrage Pricing theory 3 factor method Dividend Growth Method Arbitrage Pricing Theory APT assumes that returns on securities are generated by number of industry-wide and market-wide factors. Correlation between a pair of securities occurs when these securities are affected by the SAME factor or factors. Return on any stock traded in a financial market consists of two parts. R = Re + U Where, R = return on any stock Re = Expected or Normal return (depends on all of information shareholders have on the stock for next month.) U = Uncertain or Risky return (this comes from information revealed in the month) U = m +  Ã‚ ¥Ã¢â€š ¬Ã‚   Where, m = Systematic risk or market risk (it influences all assets of market)  Ã‚ ¥Ã¢â€š ¬Ã‚  Ã¢â€š ¬Ã‚  Ã¢â€š ¬Ã‚ ½ Unsystematic risk (it affects single asset or small group interrelated of assets, it is specific to company) The capital asset pricing theory begins with an analysis of how investors construct efficient portfolios. But in real life scenarios, it isnt necessary that every time portfolios will be efficient. It is developed by Stephen Ross. Moreover, the return is assumed to obey the following simple relationship: Where b1, b2 and b3 are sensitivities associated with factor 1, factor 2 and factor 3 which can be interest rate or other price factors. Noise =  Ã‚ ¥ is event unique to the company. APT states that the expected risk premium on a stock should depend on the expected risk premium associated with each factor and the stocks sensitivity to each of the factors. Thus, formula modifies to: Where, rf = risk free rate is subtracted from each return to give risk premium associated from each factor. Analysis of the formula: If we put value for b = 0, the expected risk premium will be zero. It will create a diversified portfolio which has zero sensitivity to macroeconomic factor which offers risk free rate of interest. Portfolio offered a higher return, investors could make a risk-free (or arbitrage) profit by borrowing to buy the portfolio. If it offered a lower return, you could make an arbitrage profit by running the strategy in reverse; in other words, you would sell the portfolio and invest the proceeds in U.S. Treasury bills. Consider portfolio A and B are sensitive to factor 1, A is twice sensitive to factor1 as then portfolio Therefore, if you divided your money equally between U.S. Treasury bills and portfolio A, combined portfolio would have exactly the same sensitivity to factor 1 as portfolio B and would offer the same risk premium. Steps of Arbitrage Pricing Theory The various steps during Arbitrage Pricing Theory can be stated as: Identify the macroeconomic factors: APT doesnt indicate which factors are to be considered. But there are 6 principle factors which are: Yield spread interest rate, exchange rate, GNP inflation portion of the market return Estimate the risk premium of each factor Estimate the factor sensitivity Net Return = risk free interest rate + expected risk premium 3 factor model It is a special case of APT It considers 3 major factors called as market factor size factor book to market factor. There is also evidence that these factors are related to company profitability and therefore may be picking up risk factors that are left out of the simple CAPM. The practical application of this model is to estimate the betas for the three factors and then use them to predict where returns should fall, much like the CAPM. It was researched by Fama and French. Dividend Growth Method Dividend Discount Model. It is useful when the growth rate of dividend is forecasted constantly. The present value of stocks is given as Where, r = discount rate, g = rate of growth, DIV = annual cash payment, This formula can be used when growth rate g When growth rate = rate of return, the present value becomes infinite. For perpetual growth, r > g. Growing perpetuity formula, Where,P0 in terms of next years expected dividend DIV g = the projected growth trend r = expected rate of return on other securities of comparable risk. We can estimate cost of equity from this formula by re-arranging. Lets understand by an example: Suppose that your company is expected to pay a dividend of $1.50 per share next year. There has been a steady growth in dividends of 5.1% per year and the market expects that to continue. The current price is $25. Then cost of equity r is given as: When the growth rate isnt constant but varies from year to year, then average can be calculated. Growth rate for current year is calculated using the formula: For example, Year Dividend (in Rs. Million) Percent change (g) 2000 1.23 2001 1.30 (1.30 1.23) / 1.23 = 5.7% 2002 1.36 (1.36 1.30) / 1.30 = 4.6% 2003 1.43 (1.43 1.36) / 1.36 = 5.1% 2004 1.50 (1.50 1.43) / 1.43 = 4.9% Growth rate is average of all percent changes and equals This model serves the major advantage of being easy to understand and use but has a major drawback total dependence on dividend and it cannot be used where company isnt paying any dividend. Also, it doesnot consider any risk and is highly sensitive to the change in growth rate. Estimating Beta Beta is an important term in Capital Asset Pricing Method. Beta is the non-diversified risk of holding a single stock. But it turns out that companies in similar markets have similar risks. Interpretation of beta Beta = 1,it matches market portfolio Beta > 1, higher risk. Beta Methods for calculation of beta It is calculated as: beta_{i} = frac {mathrm{Cov}(R_i,R_m)}{mathrm{Var}(R_m)} Where, Ri = rate of return of asset and Rm is rate of return of market. Thus, beta is dependent on regression analysis. Beta is found by statistical analysis of individual, daily share price returns, in comparison with the markets daily returns over precisely the same period. We need to gather a lengthy time-series of observations for the market return and the individual asset return. Then required co-variances and variances can be calculated. If coefficient of correlation P is known then The alternative method of calculating beta is (by rearranging terms from CAPM equation): In practice, an additional constant alpha is also added in the above equation which tells how much better (or worse) the funds did than what the CAPM predicted. Alpha is a risk-adjusted measure of the so-called active return on an investment. Here, E(Ri) Rf is estimated return on asset portfolios and E(Rm) Rf is estimated return on market index. In order to check that there are no serious violations of the linear regression model assumptions. The slope of the fitted line from the linear least-squares calculation is the estimated Beta. The vertical intercept of this curve is called as the alpha. For a portfolio of assets, we have the relation: Given that beta is a linear risk measure, the beta of a portfolio of assets as simply the weighted average of all the individual betas that comprise the portfolio. HANU Estimate of Risk Premium We dont have reliable estimate where stock market will move in future. So we are using long term historical spreadsheets for estimate large stock than small stocks because they are more closer to proper estimate of market We are considering all values after Second World War because after that laws became stable in U.S. Risk premium = Rm Rf U.S. government securities rate = 6.69% (20 years bond, Exhibit 3) Average annual return for Large company stocks = 14 % (Exhibit 3) So Risk premium for Ameritrade = 14 % 6.69 % =7.31 %

Large Schools vs. Small Schools: Which perform better?

Small schools perform better than large schools in more than one aspect. A study finds that small rural communities with a school have significantly higher housing values, more new housing, smaller income variability, fewer households receiving public assistance, lower poverty and child poverty rates, more workers in professional and managerial jobs, and more workers employed within the community. (1) The existence of schools even in small rural areas proves many benefits, but there is a larger question posed, would it be more beneficial to have a small school or a large one? This paper aims to find which category offers more to the quality of students. It may be true that large schools may have grander facilities like television and radio stations but there is more than behind the curtain of facilities. An extensive body of research demonstrates numerous positive benefits of small schools and small learning communities, especially for those students who are at greatest risk of educational failure. Indeed, in a synthesis of research on small schools, Raywid (1997/1998, p. 35) concludes, â€Å"there is enough evidence now of such positive effects—and of the devastating effects of large size on substantial numbers of youngsters—that it seems morally questionable not to act on it.† (2) This is more or less the same stand that this paper takes. In a small school there would be more benefits. As you will see throughout the paper, there have been studies that point out the benefits of a small school over that of a large one.   There is almost 40 years of existing research and literature on small schools which indicates that students in small schools have higher attendance and graduation rates (1), fewer drop-outs, equal or better levels of academic achievement (2), higher levels of extra-curricular participation (3) and parent involvement, and fewer incidences of discipline and violence (4). (3) Wasley, et al (2000, pg 4) says small schools increase student attendance across all types of small schools: schools-within-schools (SWS), freestanding small schools, and multi-school small schools. Lakhman (1999), on the other hand found that between 1988 and 1998, DeWitt Clinton high school developed 10 small schools. During that time, they reduced their dropout rate by 8.5% and increased their on-time graduation rate by almost 50%. Thus, proving that small schools have the ability to improve attendance and graduation rate. Moreover, researchers observe that the effects of smallness on achievement are indirect, being mediated through other small-school features as quality of the social environment and students' sense of attachment to the school. Mitchell (2000) reminds us that in the studies conducted by Howley and others, school size had such a powerful positive effect on the achievement of poor students that it even trumped the beneficial effects of class size (Cotton, 2001). This can also be credited to the fact that in a small school, they can focus more on the need of each student. Sometimes, students does not need a large school with lots of reference books but a school that encourages a lot of help, from peers and teachers. There are several studies whose findings reveal that students at all grade levels learn more in small schools than in large schools. Several researchers have also examined middle-grades schools with interdisciplinary teams and found that students in this type of small learning community outperform similar students in schools without such organizational arrangements (Mertens and Flowers, 2003; Mertens, Flowers, and Mulhall, 2001; George and Lounsbury, 2000; Lee and Smith, 2000; Felner et al., 1997; Lee and Smith, 1993). (2) In addition from improved attendance, higher graduation rates and improved academic achievement in small schools, another factor that is considered is the students’ level of participation.   Take for example Mitchell’s (2000) observation where in a school of 2,000 students, only the most talented will be recruited for the basketball team or the drama club. The result is that a small number of gifted students dominate the sports and activity rosters, while the vast majority are relegated to spectator status. In small schools, sports teams, musical groups and clubs depend on broader participation. The number of extracurricular opportunities does increase with school size. But a twentyfold increase in population produces only a fivefold increase in opportunities. That is, as the school expands, an increasingly smaller percentage of students are needed to fill the available slots. In short, more students produce less participation. Most students will not be required to participate because there will be others who would. In a small school every student will have the opportunity to hone and improve their talents and interests. Researchers point out that, in small schools, everyone is needed to populate teams, offices, and clubs; thus, even shy and less able students are encouraged to participate and made to feel they belong. In addition to the factors mentioned, another advantage of a small school over a large one involves more personalized approach where levels of parent involvement and parent satisfaction are greater in small school environments than in large ones. Communication between parents and teachers tends to be more substantive given the fact that the teachers often know the students better in the smaller learning environment (Cotton, 2001). This is a positive reinforcement of discipline for the students.   In a smaller learning environment, the students’ activities can be monitored and can be reported to parents, whether a violation or a perceived improvement. Among the advantages mentioned, the fewer incidence of violence is perhaps the most important. â€Å"There is less violence in small schools, less vandalism, a heightened sense of belonging, and better attendance,† the KnowledgeWorks report states. (4)   Another research also showed that â€Å"In urban schools with less than 300 students, 3.9% of the schools reported serious violent incidents compared with 32.9% of schools over 1,000 students (Gregory, 2000).† Small schools are better positioned to detect and help hurting students, and to address disruptive behavior before it escalates into tragic violence and abuse. When teachers know virtually all students in a school community by name, it fosters a culture of belonging, accountability, and support. The Association for Supervision and Curriculum Development (2000) studies show that small learning environments are characterized by fewer incidents of violence and disruptive behavior, less school graffiti, lower crime levels, and less serious student misconduct. The association attribute this to what they term as â€Å"human-scale schooling† which reduces isolation and increasing the sense of belongingness. Indeed, a closer community will bring more familiarity and less hostility. Hence, with all the aspects considered in the paper, it can be deduced that in a school of smaller quantity, we can focus more on the students’ quality. From this standpoint, the performance of a small school is better. Even policy makers have noted these benefits leading to   the development of some new rules. These includes: Florida Small School Law which recognizes the benefits of small schools and prohibits, as of July 2003, the construction of large schools. As of that date, new elementary schools will be limited to 500 students, middle schools to 700, and high schools to 900. Another is the Vermont Funding for Small Schools which in 1997, Vermont adopted a new system of funding education under Vermont Act 60 – The Equal Educational Opportunity Act (EEOA). Unlike most states, Vermont choose to provide additional funding to cover the higher costs of the state's smallest school districts. An extra $1 million per year was allocated to districts with fewer than 100 students. (5) This paper believes as far as, the future can depend on small school more than large ones, and to borrow Daniel Kinnaman’s title, the future will be filled up by small schools (with) big benefits.