Human 215 Unit 3 DB Early Periods

Researchers in early days found it difficult to date the events that happened in the past because by then man had not invented writing. They therefore studied the artifacts and fossils that were excavated by archeologists to estimate the period when an event occurred (Clisson et al., 2002).Advertising We will write a custom essay sample on Human 215 Unit 3 DB: Early Periods specifically for you for only $16.05 $11/page Learn More Archeological studies state that the ancient inhabitants of Amazon were hunters and gatherers. They were called Scythians and they were livestock farmers. There herds-men used to ride on a horse back. This has been proved by the artifacts that have been excavated in the recent which include spears and arrows. These societies shifted from one area to another in pursuit of water and pastures for their animals. Hathaway (2003) argues that these people did not grow crops thus they obtained food by trading their livestock products wi th crops produce from their neighbors. Due to their lifestyle they had the best archers who were renowned for their excellence in arching skills. These archers used to be hired by their neighbors to provide security. What we don’t know is how they were paid for their services because by then currency had not been invented. Archeological studies have established that the Scythians wore clothing purely made from animal hides and skins. Both men and women used to wear caps that were made in various shapes. Men and particularly warriors used to put on tunics that were decorated with metallic plates of gold. These tunics were fastened by a belt that was also used to hold the weapons of a warrior such as club and axe. The society was defended by both female and male warriors who made the defense system of these communities to stand out from the rest. Women cut their right breast because they believed it was abstracting them when they wanted to use bows and arrows (Hathaway, 2003). This act explains how the name Amazon came into being. Clisson (2002) argues that Europe managed to control the new world because it was the pioneer of industrialization. It relied on other regions such as Africa to produce raw materials for its industries. This was done by creating colonies in this states and assigning them to governors who served the interests of Europe. Africans were evicted from their lands which were then given out to European farmers. Africans were then forced to work in these plantations. Industrialization improved the livelihood of most Europeans and that’s what motivated Europe to expand her territory beyond the big water bodies.Advertising Looking for essay on history? Let's see if we can help you! Get your first paper with 15% OFF Learn More According to Ricaut et al (2004), Europe was the first region to be civilized because Greece had many scholars who moved out of Europe when the region was faced with many battles. In fact, the fi rst system of government was established in Europe. This government was very stable and that’s what enabled Britain to dominate the rest of the world. The ancient inhabitants of Amazon were eliminated gradually. This was caused by the decrease in food because they had exhausted the hunting fields and the little that was left could hardly sustain them. Industrialization and urbanization also contributed to their extinction because the habitats of world animals were destroyed to create room for human dwelling places. The few inhabitants of Amazon could have intermarried with early explorers of Amazon hence they were absorbed by other tribes. The frequent battles that are believed to have been staged in Amazon could have led to deaths of the original inhabitants of Amazon. Some of the original inhabitants of Amazon could have been sold to slave traders in order to provide labor force in European farms. Once they arrived there they could have mingled with other slaves from other regions thus became extinguished (Ricaut et al., 2004). References Clisson,I. et al. (2002).†Genetic analysis of human remains from a double inhumation in a frozen kurgan in Kazakhstan† (Berelsite, early 3rd century BC).International Journal of Legal Medicine.116:304-308 Hathaway, J. (2003).A Tale of Two Factions: Myth, Memory, and Identity in Ottoman Egypt and Yemen. Albany: Sunny Press. Ricaut, F.et al. (2004).†Genetic analysis and Ethnic Affinities From Two Scytho-siberian skeletons†, American Journal of Physical Anthropology.123:351-360Advertising We will write a custom essay sample on Human 215 Unit 3 DB: Early Periods specifically for you for only $16.05 $11/page Learn More This essay on Human 215 Unit 3 DB: Early Periods was written and submitted by user Farrah Huffman to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.

Free Essays on Tire Recall

The Firestone Tire Recall Even after 88 deaths and 250 injuries attributed to defective Firestone’s tires, Firestone and Ford continue to point their finger at each other and refuse to be held liable. The question now is who is going to be held accountable and whether or not either company knew of the problems with the faulty tires even before it started to create this many issues. This liability issue has created one of the largest tire recalls ever and Firestone and Ford are being accused of knowing about the faulty tires. In his article in September’s edition of Newsweek, Kevin Naughton writes about what has become one of the biggest tire recalls ever. He tells a story about Lori Laurus who, on Labor Day 1986, had her Firestone tire shred off her Ford Explorer causing her sports utility vehicle to flip. According to Naughton, Ms. Laurus is disgusted with both Firestone and Ford for not immediately looking into the defective tire issue. Along with many others, she believes that Firestone and Ford have known about these defective tires for years now. According to Naughton, Firestone and Ford have started some damage control procedures by recalling 6.5 million defective Firestone ATX and Wilderness tires found primarily on Ford Explorers. Federal regulators suspect that these defective tires have led to deaths of 88 individuals in the US. Naughton also mentions that criminal charges are being considered against both companies in Venezuela. Regulators there accuse Firestone and Ford of â€Å"a conspiracy against the users of Ford Explorers† resulting in at least 46 deaths in Venezuela. According to Naughton, Ford did replace faulty Firestone tires in Venezuela months before the recall was announced in the US. His article also goes into detail about how many believe the companies have known about the faulty tires for years. Documents have been found showing reimbursement by Firestone to some consumers for the faulty ATX tires dat... Free Essays on Tire Recall Free Essays on Tire Recall The Firestone Tire Recall Even after 88 deaths and 250 injuries attributed to defective Firestone’s tires, Firestone and Ford continue to point their finger at each other and refuse to be held liable. The question now is who is going to be held accountable and whether or not either company knew of the problems with the faulty tires even before it started to create this many issues. This liability issue has created one of the largest tire recalls ever and Firestone and Ford are being accused of knowing about the faulty tires. In his article in September’s edition of Newsweek, Kevin Naughton writes about what has become one of the biggest tire recalls ever. He tells a story about Lori Laurus who, on Labor Day 1986, had her Firestone tire shred off her Ford Explorer causing her sports utility vehicle to flip. According to Naughton, Ms. Laurus is disgusted with both Firestone and Ford for not immediately looking into the defective tire issue. Along with many others, she believes that Firestone and Ford have known about these defective tires for years now. According to Naughton, Firestone and Ford have started some damage control procedures by recalling 6.5 million defective Firestone ATX and Wilderness tires found primarily on Ford Explorers. Federal regulators suspect that these defective tires have led to deaths of 88 individuals in the US. Naughton also mentions that criminal charges are being considered against both companies in Venezuela. Regulators there accuse Firestone and Ford of â€Å"a conspiracy against the users of Ford Explorers† resulting in at least 46 deaths in Venezuela. According to Naughton, Ford did replace faulty Firestone tires in Venezuela months before the recall was announced in the US. His article also goes into detail about how many believe the companies have known about the faulty tires for years. Documents have been found showing reimbursement by Firestone to some consumers for the faulty ATX tires dat...

Literature Review Essay Example | Topics and Well Written Essays - 2500 words

Literature Review - Essay Example After a thorough review of primary and secondary sources, their investigation revealed a difference between the decisions of budget cutback and information technology. Cost effectiveness was found to be an important criterion for making the decisions of budget cutback. These decisions took lesser time to be made and were quite volatile in their nature i.e. may alter with time. Here, number of participants was not affected by the content of decision. Contrary to this, cost effectiveness was found unimportant in the decisions of information technology, time consumed in decision making was longer and once made, decisions were generally permanent. This tells that the content of decision can have a great impact on the significance of various criteria, time consumed in the decision making process and the stability of decision. This finding contradicts the conventional understanding that cultivates in the minds of people regarding the factors that affect the process of decision making. In t he conventional understanding, the process of decision making is only controlled by the contingencies originating in the environment and the organization. 2. In his research, Nutt (2005) compared the decision making in the public sector with that in the private sector with the help of an experiment. To achieve this, decision making in a business company was compared with that in a governmental agency that was supported with tax. Practices and preferences of mid level managers were captured with the simulation in the public and private sectors. Managers involved in the study were required by simulation to estimate the risks and opportunities of acquiring budgets for the two sectors. In order to design the budget that would be sufficient for an organization functioning in a public and private sector, a cognitive culture was used which placed emphasis on the estimation and bargaining. A controversial and otherwise amount of budget was used for both the cases. Results of their research suggested that managers in public sector make use of networking and bargaining while those in the private sector make use of estimation and assumption. These results were consistent with the hypothesis that public sector managers prefer group decision making whereas private sector managers believe in individualistic capabilities. The research concluded that managers go for budgets that suit their individualistic cognitive style. The difference in the support of budget decisions in the public and private sector managers essentially speaks of the work culture that dwells in the two types of settings. Most works in public sector are done through networking and bargaining, whereas in the private sector, one has to rely on one’s ability and assessment to make the rational decisions. 3. In his research, Al Yahya (2008) studied an integrative multiple links model among three traits, namely the sharing of power-influence in making the decisions, work-related outcomes (WRO) and cultur e of Saudi Arabian organizations belonging to the public sector. These conceptual associations have not been explored much in the public sector organizations conventionally. Traits of competence as knowledge, ability and skill are used effectively in the participative practices as shown by the model of structural equation. This influences individuals’ thoughts about WRO that include but are not limited to

Business Intelligence Essay Example | Topics and Well Written Essays - 1000 words

Business Intelligence - Essay Example Thus, business intelligence allows an enterprise to generate data related to the enterprise customers, competition and internal functions, to be able to predict and plan for the future performance of the business (Stackowiak, Rayman & Greenwald, 2007:27). Business Intelligence allows an enterprise to generate significant data that points at both the enterprise trend and the general business trend in the industry that an enterprise serves. Thus, through the use of the Business Intelligence techniques, it becomes possible for an enterprise to make more accurate decisions. For example, Business Intelligence helps in reaching managerial decisions regarding the appropriate tactical and strategic managerial decisions, customer satisfaction improvement, as well as determining the right supply and distribution channels or entry strategy into a specific market segment (Inmon, 1999:42). The most common types of Business Intelligence techniques that are applied by businesses include the data mi ning techniques, statistical analysis, online analytical processing (OLAP), forecasting techniques and the basic query and reporting technique (Stackowiak, Rayman & Greenwald, 2007:21). Apple Inc. is a USA based computer and electronic manufacturing multinational company that was established in 1976 (Linzmayer, 1999:14). This company has served as the model for numerous case studies into both innovation and management efficiency, for its role in transforming a potentially small home-based computer manufacturing garage into a leading giant multi-national corporation in the global computer and manufacturing industry. Thus, the company deals in the business of manufacture and sale of computers and related computer products, computer software, electronics and also offer of various online services such as music, software and apps retail services

UK Micro Environment Factors for a Tobacco Company Essay

UK Micro Environment Factors for a Tobacco Company - Essay Example [2] These variables affect the business and its operations to the core and a proper understanding of these is a necessary step to expand the product in a particular market. According to porter, there are 5 forces that act on a business in the Micro Environment. These five variables along with others variables proposed by different authors can be broken down as. [5] Cigarette is an additive product and that is a favorable point for the company as far its sales are concerned. Buyers are hooked to the brand of cigarette usually from the start so there is little bargaining that the customers can do. The buyers are also brand conscious and they don not change their brands rapidly and specially in UK. Even if the prices of the cigarette increases, the customers will continue to buy it because of its addictive nature. Retailers get a nominal amount on retailing the cigarette however they are in much demand so they keep it. Also the retailers usually get branded settings and are paid extra to keep shelf space for a brand. As substitutes for the products exist, retailers have a bit of power over the companies There are high barriers to entry. ... People trying to leave this habit usually revert to nicotine gum, counseling, or behavior modification. In extreme cases acupuncture needles are stuck in the bodies or the nicotine-averse images implanted in their minds however these are not that successful. Competitive Rivalry Among the four top brands of cigarettes in UK, Imperial Tobacco Group is the market leader. However, this has created intense rivalry amongst all the competitors. This is not a good sign for the company since this much competition can make it harder for the rest to come to the standard of these leading companies. Stakeholders The stakeholders such as the government, the media and the society play a major role in the business. Since smoking is considered a social evil, the society usually shuns the smokers. Laws, and deals such as the 'tobacco resolution' are the results of the anti-smoking society. The increase in taxes makes it harder for the company to sell their products. The UK tobacco sector is one of the most heavily taxed in the world, and UK cigarette prices are the highest in the EU, with taxes accounting for around 84.5 percent of the retail cost of a typical packet of cigarettes. [3] [4] Conclusion - Changes to the Company's Strategy and its Impact Micro environmental factors play as much a vital role in a business as other macro does. Maybe these are even more important since these factors are hard to investigate as they work on a hidden level. From the information gathered, it has been found out that a few dramatic changes to the company's strategy must be brought. First the company must be perceived as a "green company". Since awareness of the harms of cigarette smoking is increasing, the company must promote itself as a

Translation And Its Role In India English Language Essay

Translation And Its Role In India English Language Essay Questions such as, what is translationà ¢Ã¢â€š ¬Ã‚ ¦wherein lies its complexity? have been asked ever since literature stopped being restricted to one target readership and moved beyond the boundaries of language. The term translation technically connotes the art of recomposing a work in another language without losing its original flavour, or of finding an analogous substitute. Its complexity lies in it being like the transfer of perfume from one bottle to another. As careful as you are, some fragrance is lost but the challenge remains to capture the essence. All things in nature are subject to change and so is all cultural matter. Translation is always a shift, not between two languages but between the two types of cultural matter. India is a linguistic galaxy of unparalleled richness. Few contexts could be better suited than the Indian for a discussion of the processes of translation within a spectacular stellar setting. How does one common idea of India make itself available to a Bengali, Tamil or a Marathi in any way save that of translation? Translation provides a cognitive map of Indias linguistic world in all its interrelatedness as well as estrangement. All texts and all readers are both monolingual and multilingual. A text, obviously written literally in one language in a given manifestation faces a multi lingual reader and thus reaches out to a much larger base, unifying experiences and opinions as it expands. English has to be admitted as a vast reservoir of translation in contemporary India. It may no longer be a colonial language, but it is increasingly a conduit language. This filter language, as Khubchandani terms it, has today a certain inescapable presence. More English translating have been published in India in recent times than ever before, but our awareness of the need to ensure quality in translation has not heightened the same extent. Who should judge a translation somebody who can read the original or somebody who cannot? A person who was able to read the language, and enjoyed the original may find no translation satisfactory, whereas someone who cannot is likely to regard readability in English is the prime requisite. It seems unarguable that the only way in which the ideology of unity can be explored in a multilingual society like ours is by accepting both the need for, and the problems of, translation. The Sanskritised term we currently use for translation in many Indian languages is  anuvada   which literally means after speech so it seems wrong in the first place to discuss it in an Introduction. It also stands in contrast to  anukaran, which implies aping or slavish imitation, but there ought to be a more to the word than just the suggestion that it could involve creative license of a kind? Any discussion of translation leads automatically to the question: who is an ideal translator? The writer himself, or someone who has not been involved in the primary creative art? The task of the translator is to unfreeze the shapes that thought took in one language and refreeze them into another. A translator must take into account rules that are not strictly linguistic but cultural. Translators, even when trying to give us the flavor of the language, are in fact modernizing the source. As far as translators in India are concerned, most Indians who grow up in urban conditions and go to school and college tackle shifts from one language to another so often and so comfortably that translation seems second nature to them. TRANSLATION STUDIES The Pedagogy of Translation  by Vanamala Viswanatha Translation Studies is a young discipline still in the process of mapping its territory. Attempts have been made to define its boundaries and develop its terrain by scholars working in disciplines as varied as Anthropology, Comparative Literature, Culture Studies, Linguistics and Literary Theory. Viewing translation as a transaction between two languages, the dominant linguistic paradigm has treated it merely as a matter of transfer from the Source Language to the Target Language. There can be two ways of translating: Transliteration and Transcreation. Transliteration or literal translation is word-to-word, phrase-to-phrase or sentence-to-sentence carrying over from the Source Text into the Target Text. This means that the words and terminologies would either require exact equivalents in the Target Language or would have to be put as it is into the Target Text. It may be ideal for texts falling under technical registers. But they would prove extremely difficult when done on cultural texts. The aim of the translation is to reproduce meanings of the Source Text and the immediate effect it produces on the native audience for the readers and audience of another culture in whose language the text is to be translated. But, say, every Hindi word cannot have a counterpart in English because of its vast language and cultural differences in certain connotations and structures. Hence, the literal translation of cultural/literary works would be like forsaking the duty of a translator. On the other hand, transcreation or cultural translation means a partial or complete freedom to the translator in dealing with the Source Text. The translator has to render the Source Text in a recreated form in the Target Language. It involves reading every word and sentence carefully, but it is not only or simply a literal rendering. Another step in translation is termed as Transfer. It is the stage in which the analysed material is transferred in the mind of the translator from the Source Text to the Target Text. The final stage is restructuring the transferred material. The basic structural elements have to be transferred to the Target Language. It has to be ensured in the process of transformation that the same effect the Source Text had should be achieved for the Target Text for its readers. When the translation produces the same effect as on the original audience then the translation can be considered equivalent to the Source Text. PROBLEMS OF TRANSLATION The translator has to deal with the problem of finding equivalent words and expressions in the Target Language, which though cannot be substitutes for the expressions in the Source Language, but can come close to it, can raise similar feelings and attitudes in the readers and audiences of the Target Text. Literary and cultural texts suggest rather than describe meanings. Cultural meanings are very specific and their connotations vary with words in other languages. Therefore, it is really difficult to expect equivalence between the texts of two languages separated by two different cultures. The translator has to interpret and analyse the connotative and suggestive of the Source Text and on the basis of his knowledge of the culture of the Target Text; he has to recreate the meanings in the new language. Figures of speech, extended metaphors, idioms, proverbs and allegories pose a great challenge to the translator. Even translating dialogues, forms of dressing, different kinds of food can be difficult when it has strong cultural roots. For example, words like saree, churidar, pan, pallu  cannot have an English counterpart. In India, there is a specific word for every familial relationship. For instance,  chacha, mama, phupha, tauji  are all called uncle in English, similarly nana-nani  and  dada-dadi   are simply grandparents. Also, the suggested meanings of these relationships can never be translated into any other language. To show how the differences in cultural facts can cause difficulties in the translation of metaphors we may look at the symbolic meanings of certain words in different cultures. Owl in English is the symbol of wisdom whereas it symbolizes ill-fortune in Persian and is associated to superstitious beliefs in India. Also, pig, hog and swine are different words for the same animal but these small variations can create big differences in metaphorical meanings: Sam is a pig. Sam is a hog. Sam is a swine. The languages which do not have separate words for these different categories would fail to represent the difference between the discoursal value of the above metaphors. Thus, a literal translation may lead to Target Language metaphors with different and sometimes completely opposite discoursal values.   TRANSLATED WRITERS We are now going to talk about a few writers who have brought out very vividly the different cultures of India through their writing in vernacular languages. The languages we are going to focus upon are Hindi, Urdu, Marathi, Bengali, Assamese, Tamil and Kannada. It is the voice of this marginalized section writing in vernacular languages, especially of the women regional writers, which needs to be heard. This is possible only through translation, which gives them recognition all over the world. RABINDRANATH TAGORE Tagore was the first Indian Nobel Laureate. He won the Nobel Prize in 1930 for his translation of the  Gitanjali. His best known works are  Gora  and  Ghare Baire. His works verse, short stories and novels are acclaimed for their lyricism, colloquialism, naturalism and contemplation. Of Tagores prose, his short stories are perhaps most highly regarded indeed he is credited with originating the Bengali language version of the genre. His short stories mostly borrow from the deceptively simple subject matter: common people. The translation of his works into various languages has given people across cultures a glimpse of the world of the Bengali common man. Given below is Robi Duttas translation of his poem Urvashi: No mother thou, no daughter thou Thou art no bride, O maiden fair and free O inhabitant of Nandan Urvasi! GULZAR Sampooran Singh Kalra  better known as Gulzar is an  Indian  poet,  lyricist  and  director.  Gulzar  primarily works in  Hindi-Urdu  and also works in Punjabi, several dialects of Hindi like  braj bhasha,  khadi boli,  Haryanvi  and Marwari. Gulzar has received many awards including the Padma Bhushan and the  Academy Award  for his song Jai Ho. He has been widely translated into English and other languages. During the Jaipur Literary Festival, Pawan Varma, an eminent IFS officer who has translated Gulzars poetry, said that he faced a difficulty translating phrases like tip tip and tap tap and Gulzar replied abhi to humne kabutar ki gutar goon shuru bhi nahi ki hai. Sunjoy Shekhar, who has also translated Gulzar calls himself a smuggler trying to surreptitiously smuggle the feelings evoked by Gulzars lyrics across an impermissible, alien wordscape. To give a flavor of the translation of his poetry, given below is a song of his along with its translation: basa cand kraoD,aoM saalaaoM maoM saUrja kI Aaga bauJaogaI jaba AaOr rak, ]D,ogaI saUrja sao jaba kao[- caaMd na DUbaogaa AaOr kao[- ja,maIM na ]BarogaI tba zMDa bauJaa [k kaoyalaa saa TukD,a yao ja,maIM ka GaUmaogaa BaTka BaTka mawma Kiksa~I raoSanaI maoM maOM saaocata hUM ]sa [emailprotected] Aga,r kaga,ja, po ilaKI hu[- naj,ma khIM ]D,to ]D,to saUrja maoM igaro tao saUrja ifr saoo jalanao lagao In a billion years when The suns fire dwindles And ash blows across its surface Then the moon will no longer wane And the land not rise When like a cold, burnt out piece of coal This earth revolves Lost in its gyre Trailing a dying, sepia glow I think then If a poem written on a piece of paper was to waft along And perchance land on the sun The sun would ignite again. AMBAI C. S. Lakshmi was born in  Coimbatore,  Tamil Nadu  in 1944. Some of her works   A Purple Sea  and  In A Forest, A Deer  (2006) have been translated English by  Lakshmi Holmstrà ¶m. In 2006, she (along with Lakshmi Holmstrà ¶m) won the Vodafone-Crossword prize. For her contributions to Tamil literature, she received the 2008  Iyal Virudhu. Her work is characterized by her feminism, an eye for detail, and a sense of irony. Exploration of space, silence, coming to terms with ones body or sexuality, and the importance of communication are some of the recurring themes in her works. VIJAYDAN DETHA Vijaydan Detha  also known as  Bijji  is a noted writer from  Rajasthan  and a recipient of  Padma Shri  award(2007). He has also received several other awards such as  Sahitya Akademi Award  and  Sahitya Chudamani Award. He has more than 800 short stories to his credit, which are translated into English and other languages. He is co-founder of  Rupayan Sansthan  with late  Komal Kothari, an institute that documents Rajasthani folk-lore, arts and music. His literary works include Bataan ri Phulwari (garden of tales), a fourteen volume collection of stories that draws on folk-lore and spoken dialects of Rajasthan. His stories and novels have been adapted for many plays and movies including  Habib Tanvirs  Charandas Chor  and  Amol Palekars  Paheli. He once said If you do not want to be a mediocre writer, you should return to your village and write in Rajasthani. 5.  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  SALMA Born in 1968 in Tamil Nadu,  Salmas first poetry collection shocked conservative society where women are supposed to remain silent. In 2003, Salma along with three other Tamil women poets faced obscenity charges and violent threats. Salma is now head of the panchayat (local level government body) of Thuvarankurichi, near Trichi in Tamil Nadu. The government of Tamil Nadu has appointed her Chairperson of the Tamil Nadu Social Welfare Board.   Her novel, translated as Midnight Tales  focuses on the inner world of Muslim women in the conservative society of Tamil Nadu in south India. It gives us an insight into what actually goes on in the households of this section of the society and brings it out very effectively. The novel was also long-listed for the Man Asian Prize of 2007. Translating these texts into more widely spoken languages like Hindi and English has taken their voice to a much wider range of readers.

Christopher Columbus Biography :: Christopher Columbus Essays

Christopher Columbus was born in Genoa, Italy on August 25th 1451, and he died in Valladolid Spain on May 20th 1506. His life is filled with mystery and controversy. Even though there has been contevercy about his birth date and this birthplace, the historians have narrowed it down to this date and place. His childhood is another mystery. It is said that Columbus was the oldest of five children to poor â€Å"wool weavers†. His son has stated that Columbus had attended the University of Pavia, Columbus was a good observer and very well read. In 1476 Columbus traveled to Lisbon, Portugal were there he an established Genoese population, including Bartolome, he was a noted to be a mapmaker. After a couple of years Columbus sailed with the Portuguese through the Mediterranen and the Atlantic as far south as La Mina (Present day Elmaina , Ghana) and as far north as England. Columbus also made a voyage to Iceland in 1477. In 1479 Columbus married the Portuguese noblewomen Dona Felipa e Perestrello e Moriz and established land in Porto Santo were his son Diego was born in 1480. When his wife died somewhere between 1481 to 1485, Columbus returned to Lisbon. As early as 1484 Columbus got a plan to sail west from the Canary Islands to the Indies (now East Indies) and the island kingdom of Cipangu (modern day Japan). When King John II declined Columbus’s â€Å"Enterprises to the Indies† he decided to go to the Spanish monarch. Columbus traveled to Cordoba, in 1488 he and his mistress had another son. Columbus presented his plan to King Ferdinan and Queen Isabella two different times but both times a counsel of experts rejected his project. Columbus’s ideas were made fun of by many in the court. However he received support from other powerful people, for example â€Å"Luis de Santagel†, â€Å"chancellor of the royal household of Aragon and prior Juan Prez (the Queen’s con fessor). As a result of this Queen Isabella approved to Columbus’s project. Columbus’s first was to find a short voyage to the Indies by sailing west, and the second goal was to convert any foreign inhabitance to Christianity. There were three ships the first was the Santa Maria, which can hold up to forty sailors, The second ship is the Pinta, which held up to twenty-six sailors, and the Nina, which held twenty-four sailors. On October 12 1482 a seaman on the Pinta claimed â€Å"he spotted land†, his name was Rodrigo de Triana.

Was Dollarization a Success in Zimbabwe

CHAPTER ONE [pic] 1. Introduction At independence in 1980 the Zimbabwe dollar replaced the Rhodesian dollar at par at a rate which was higher than the American dollar. Although this quickly deteriorated, it was not until the late nineties that a series of events led to the demise of the Zimbabwean dollar. In 2008 in an 18-month ‘experiment’, foreign currency was accepted as legal tender for transactions with a set number of retailers. Honorable Members will be aware that in the hyper-inflationary environment characterizing the economy at present, our people are now using multiple currencies for day to day business transactions, alongside the Zimbabwe dollar. These currencies include the South African Rand (ZAR), United States Dollar (USD), Botswana Pula (BWP), Euro, and British Pound Sterling, among others. In line with the prevailing practices by the general public, Government is, therefore, allowing the use of multiple foreign currencies for business transactions, alon gside the Zimbabwe dollar. †[1]However, months later, in March of 2009, the newly instated Finance Minister, Tendai Biti, announced that the Zimbabwe dollar would be suspended indefinitely. [2] The main argument in this piece is that the Zimbabwean crisis in the 2000s and the subsequent stabilization of the economy were made possible by the dollarization of the Zimbabwean economy in 2009. This article investigates the recent monetary experience of Zimbabwe with dollarization. It shows how dollarization has allowed Zimbabwe to quash hyper-inflation[3], restore stability, increase budgetary discipline, and re-establish monetary credibility.This paper analyses the effects of the dollarization of the Zimbabwean economy in 2009, in the wake of devastating hyper-inflation and a political crisis that reached its zenith with the electoral crisis of 2008. Though there is a direct nexus between the two processes, the former cannot be exclusively ascribed to the latter; there are a host of other issues that have contributed to the economic and financial breakdown in Zimbabwe. 1. 11 The Background to the ProblemThe Reserve Bank of Zimbabwe (RBZ) was forced to revalue the Zimbabwean dollar, three times in a space of less than three years, because of rampant hyper-inflation in the country. In August 2006, in an operation called ‘Sunrise 1’, the RBZ removed 3 zeroes from Zimbabwe’s currency and promised to introduce a new currency in the near future. In August 2008, exactly two years after the first revaluation, the RBZ slashed a further 10 zeroes from Zimbabwe’s currency, calling this ‘Sunrise II’. Rampaging hyper-inflation forced the government to erase another 12 zeroes in early February 2009.This was ‘Sunrise III’. Thus, a staggering 25 zeroes had been slashed from the Zimbabwean currency within a space of only three years. The hyper-inflation was just unsustainable, and when the Zimbabwean dollar was officially shelved in March 2009, the highest single denomination was a 100 trillion dollar note. When the 100 trillion dollar note was introduced on 16 January 2009, it was worth the equivalent of US$ 30 on the parallel market. The establishment of the Government of National Unity (GNU) saw the dollarization of the Zimbabwean economy and the shelving of the Zimbabwean dollar in March 2009.Dollarization is a portfolio shift away from domestic currency to foreign currency, to fulfil the main functions of money – store of value, unit of account, and medium of exchange. It is typically a result of unstable macroeconomic conditions and is a rational response of people seeking to diversify their assets in the face of heightened domestic currency risk. Efforts to revive the battered Zimbabwean economy, largely through the dollarization of the Zimbabwean economy are assessed through the lens of the banking sector.The banking sector thrived during the peak of the Zimbabwean crisis, as most bank s became key players in highly speculative activities in areas such as Zimbabwe’s bullish stock exchange and real estate. The profits that were being realized in the banking sector trickled down to their workers who became the best remunerated workers amongst all the sectors in Zimbabwe. With dollarization of the economy in 2009, the once vibrant banking sector was suddenly facing the grim prospect of disintegration, which had plagued sectors such as teaching during the peak of the Zimbabwean crisis.The banking sector was adversely affected by the dollarization of the economy, as the speculative activities that were reaping huge rewards for the banks were wiped out overnight by the adoption of more stable currencies at the expense of the precarious Zimbabwean dollar. This spelt disaster for the banking fraternity, as most banks in the first few months of dollarization struggled to pay their workers in hard currency and instead were forced to downsize their operations and lay- off some of their employees.The paper argues that in complete contrast to most sectors in the economy, the banking sector boomed during the crisis, and the Zimbabwe Congress of Trade Unions (ZCTU) monthly remuneration lists in 2008 saw the banking workers consistently topping the lists. However, the dollarization of the Zimbabwean economy turned the tables on this once prosperous sector, as bank workers like the bank tellers and other clerical workers found themselves being laid-off, as most banks struggled to remunerate their workers in hard currency. 1. 12 Objectives ? To assess the performance of the banking sector before and after dollarization. To investigate the effects of dollarization of the Zimbabwean economy on the banking sector. ? To investigate the advantages and disadvantages of dollarization on the banking sector. 1. 13 The Research Problem The effects of dollarization on the banking sector after the dollarization of the Zimbabwean economy. 1. 14 The Research Question What effect does the dollarization of the Zimbabwean economy have on the banking sector? 1. 15 Sub Questions 1. What is dollarization? 2. What are the forms of dollarization? 3. What are the costs of dollarization? 4.What are the benefits of dollarization? 5. What impact does dollarization have on the banking sector? 6. Was dollarization a success in Zimbabwe? 1. 17 Significance of the study To the researcher The research is in partial fulfillment of the requirements of a Bachelor of Commerce Honours Degree in Accounting at the National University of Science and Technology. It will allow the researcher to have a deeper understanding and both theoretical and practical knowledge in the area of research and encourage a practical application of theoretical concepts on the area under study.To the banking sector The research is set to provide enlightment on the impact of dollarization of the Zimbabwean economy to the banking sector. To the university The research project will assist the university in coming up with a curriculum on the study of the dollarization of the Zimbabwean economy and the impact that it had on the banking sector. 1. 18 Assumptions ? All respondents have adequate knowledge of the developments in their particular organizations. ? Respondents will give truthful responses adequate to make reasonable inferences. The researcher assumes that respondents will respond within a reasonable time period to enable the timetable to be adhered to. ? The researcher assumes that he will have enough financial resources to meet all the expenses. ? There will not be institutional disturbances that could delay completion of the project. ? Secondary data will be available. 1. 19 Literature Review Data will be collected from the textbooks, libraries, newspapers, journals and the internet. 1. 20 Theoretical Framework Was the dollarization of the Zimbabwean economy a success to the banking sector?The research intends to use both primary and secondary sources of data. These sources of data will help to explore an analysis of what past researchers have brought to light in relation to the impact of the dollarization of the Zimbabwean economy on the banking sector. It is under this section that the researcher intends to explain various forms of dollarization. The benefits and costs of dollarization shall be explored through exclusive use of the internet and various text books and journals. 1. 21 Definitions of TermsFor the purpose of this study the following abbreviations and definitions will be used. Hyper-inflation – Ruinously  high  increase (50  percent  or more per month) in  prices  due  to the near total  collapse  of a  country's  monetary system, rendering its  currency  almost worthless as a  medium of exchange. Although hyperinflation is caused mainly by excessive  deficit spending  (financed by  printing  more  money) by a  government, some  economists  believe that social  breakdown  leads  to hyperinflation (not vice versa), and that its roots lie in political rather than economic  causes. 4] Dollarization – occurs when the inhabitants of a country use foreign  currency  in parallel to or instead of the domestic currency as a store of value, unit of account, and/or medium of exchange within the domestic economy. The term is not only applied to usage of the  United States dollar, but generally to the use of any foreign currency as the national currency. [5] BWP – Botswana Pula GNU – Government of National Unity USD – United States Dollar RBZ – Reserve Bank of Zimbabwe ZAR – South African Rand ZCTU- Zimbabwe Congress of Trade Unions 2. 00 Research DesignSample of people to send questionnaire is going to be based on knowledge, accessibility and convenience. 2. 11 Instruments for Data Collection The research will be based on both primary and secondary methods of collecting data which include surveys, interviews, questionnaires and published information and journals. The researcher will use a number of methods in the collection of primary and secondary information. The following methods will be used to gather primary information: ? Questionnaires- these will be designed and hand posted to the selected respondents.Sample of people to send questionnaire is going to be based on knowledge, accessibility and convenience. ? Interviews- interviews will be conducted to collect some of the information required in the research. The following sources will be used to tap all secondary data available about the subject: ? Use of textbooks ? The researcher in the course of the research will access newspapers, financial reports, business journals and the Internet. Information will also be attained through discussions with classmates and fellow researchers. 2. 2 Data Presentation and Analysis There will be use of tables, graphs and statistical tools/methods including pie charts in data presentation and anal ysis. These will be used first to present the data obtained through the questionnaires in the interviews, which will then make possible the analysis of the data in a more objective and quantitative manner as well as less subjective and qualitative way. A report shall then be compiled and presented on the final outcome of the findings and analysis. 2. 13 Research Timetable and Budget (Project Scheduling)Research Time Table SectionChapterMonth/Period Introduction1Two weeks Literature Review2Two weeks Research Method3Four Weeks Data Presentation ; Analysis4Four Weeks Conclusion and Recommendation5Two weeks Research Budget Cost CenterCost Amount (USD) Typing and Printing$20 Photocopying$20 Internet$30 Traveling costs$50 Food Costs$30 Total$150 2. 14 Research Limitations ? The research is going to be limited due to the studies that will be going on concurrently with the research project and the time committed to the research project will be reduced. Time, unforeseen institutional disturb ances at N. U. S. T. may delay timely completion of the research project. ? Lack of cooperation – there could be unexpected lack of cooperation from respondents, if any are to be involved in the project. ? Possible limited access to confidential information, which might be useful for the purposes of the research. ? Financial constraints – The research could be affected by the writer’s limited funds to fully meet all due costs to be incurred during the research 2. 15 Source ReferencingThe â€Å"According to â€Å"Kararach G, Kadenge P, and Guvheya G, (2010). CURRENCY REFORMS IN ZIMBABWE: AN ANALYSIS OF POSSIBLE CURRENCY REGIMES,† will be used. 2. 16 Bibliography (a) Books The Harvard way of referencing shall be employed (b) Journals The â€Å"According to â€Å"Kararach G, Kadenge P, and Guvheya G, (2010). CURRENCY REFORMS IN ZIMBABWE: AN ANALYSIS OF POSSIBLE CURRENCY REGIMES,† will be used. ——————— – [1] (Acting Minister of Finance, Cde Patrick Chinamasa on Budget Presentation to Parliament on 29 January 2009. ) [2] Ibid. ; Biti, T. ‘Statement on the 2009 Budget’, Presented to the Parliament of Zimbabwe by the Minister of Finance, 17 March 2009, http://www. zimtreasury. org [3] Hyper-inflation is defined by Hanke (2008) as a situation where the year- on- year rate of inflation breaches the 12,875 percent mark. Zimbabwe began to hyper-inflate in 2007 and hyper-inflation was officially reported by the Zimbabwe Central Statistical Office to have peaked at 231 million percent in July 2008. [4] http://www. businessdictionary. com/definition/hyperinflation. html [5] http://www. answers. com/topic/dollarization#ixzz2BXaOhuVJ ———————– 1

Sierra Leone and South Africa Essay Example

Sierra Leone and South Africa Essay Example Sierra Leone and South Africa Essay Sierra Leone and South Africa Essay There is no doubt on the potential of the diamond industry to provide benefits and elevate economic and social status of Sierra Leone and South Africa. However, just like in any other industries, problems arise. Perhaps the greatest problem the diamond industry faced was the issue on conflict diamonds. Conflict diamonds started in the war in Angola in 1992. Jonas Savimbi, the leader of UNITA or Uniao Nacional para a Independencia Total de Angola, focused his attention to the vast diamond fields of Angola to find new ways to finance his army and expand his smuggling business (The International Consortium of Investigative Journalists 4).By 1993, Savimbi had the largest diamond smuggling network in the world. And among his associates was South Africa’s De Decker Diamonds, a company that admitted selling diamonds to De Beers. This pattern of laundering diamonds was replicated in other countries especially Sierra Leone (Diamond Facts. Org, The Facts). In 1998, because of the brutal conflict in Sierra Leone, the United Nations started investigating about conflict diamonds and the UN Security Council began imposing sanctions on diamond transactions of countries in conflict.This brought the attention of the global diamond community to the issue of conflict diamonds (ICIJ 4). In 2000, Global Witness, a nongovernmental organization based in London, introduced the term blood diamond to further highlight the issue on conflict diamonds (ICIJ 4). Meanwhile, South Africa initiated the Kimberly Process, a certification scheme to stop the flow of conflict diamonds, in response to the highlighted attention on conflict diamonds and also to protect the country’s diamond industry (ICIJ 5).The issue took on greater implications when, in 2001, media reports provided evidences connecting conflict diamonds to the Al Qaeda attack on the United States (ICIJ 4). Because of the extent and magnitude covered by the issue on conflict diamonds, efforts to control and eliminate this problem through the Kimberly Process required the cooperation of not only South Africa but the entire global community. The United Nations, the international diamond industry and nongovernmental organizations including Partnership Africa Canada, Amnesty International and Global Witness were among the participants.For the first time, a global industry joined forces with governments, the United Nations, and social organizations to deal with a humanitarian issue (Diamond Facts. Org, The Facts). The Kimberly Process was initiated in May 2000. By December 2000, a unanimous vote by all the members of the United Nations General Assembly to support the Kimberly process was passed (ICIJ 4). By January 2003, the K imberly Process Certification Scheme was accepted and made into national law by 52 governments.As of August 2007, membership of the Kimberly Process totaled 74 countries, including Sierra Leone, thus guaranteeing a 99% conflict-free global rough diamond production (Diamond Facts. Org, The Facts). The Kimberly Process presented an international structure where diamonds’ origins are identified and recorded under the backing of the World Diamond Council (ICIJ 5). Rough diamonds crossing international border must come with a government-validated Kimberly Process Certificate and should be enclosed in tamper-resistant containers.Every certificate should be resistant to faking, uniquely numbered and must contain description of shipment contents. Only members of the Kimberly Process are allowed to import and export rough diamonds and should exclusively deal Kimberly-certified diamonds. Contents of the shipment should be checked with the Kimberly Certificate by the importing countryâ €™s customs. It is illegal to export or import uncertified rough diamonds. Confiscation or rejection of parcels and possibly criminal case will be imposed to violators of the procedures (Rapaport 4).The success of the Kimberly Process will be gauged not only on how many of the conflict diamonds are prevented from moving into the international market but also in its effectiveness in checking the proliferation of conflict diamonds from the source of the diamonds itself. In South Africa, though this country was never implicated in the production of conflict diamonds, there were rumors in 2002 that the country was a major laundering center for illicit diamonds especially in Kimberly. This was largely due to sudden resurgence of new diamond discoveries in areas already regarded for years as dry in terms of diamond production.Local diggers suddenly started turning up harvests comparable to a small mine’s production where it used to have only a few carats a month (International Consortium of Investigative Journalists 1). Another reason why the rumor came up was the relative ease by which diamonds were dealt with in the Kimberly Diamond Exchange. Simple invoices were considered adequate for dealers to sell diamonds. No consideration for the origin of the diamond was needed to deal the precious stone. As long as dealers supplying diamonds to the Kimberly Diamond Exchange provide invoices, it is considered legal.Added to this predicament is the difficulty in proving or disproving the origin of the diamond. Although investigations were conducted in Kimberly, there have been no charges filed against anyone dealing in conflict diamonds (ICIJ 2). Possibly the most efficient fuel for the rumor is the government regulatory board’s ineptness to do their duty resulting to laundering of illicit diamonds (ICIJ 3). Monitoring and regulating South Africa’s diamond mining and exportation is supposed to be the South African Diamond Board’s responsibili ty (ICIJ 3).The board neglected their duties when Chris Potgeiter, a shareholder and main contributor in the De Beers exchange Center, declared diamond sales worth $40 million from areas bought from De Beers in 1997. But the areas in question contained no such wealth as described from De Beers’ prospecting notes (ICIJ 3). In Addition, during the period from 1999 to 2001, there were reports that diamond buyers or bourses dealt $360 to $490 million worth of diamonds to the United States. But those diamonds were not examined by the South African Diamond Board which suggested that illicit diamonds were being laundered through the bourse (ICIJ 7).Where diamond authorities were concerned, more often than not, De Beers was most likely connected with the actions of the agencies concerned because of its status in the diamond industry. It is common knowledge that De Beers was the sole entity that started the diamond industry in South Africa. Its influence grew as the industry expanded through time. People in key positions in South African diamond institutions were most likely have direct or indirect link to De Beers. For this reason, doubts emerged whether De Beers was honest on its claim that the company was never touched by conflict diamonds (ICIJ 5).Among the arguments presented, the most intriguing was the cozy relationship between the South African Diamond Board and De Beers. The members of the board and head of various committees were close to the company (ICIJ 8). Allegedly, De Beers used their political influence for the benefit of the company. Benny Steinmetz, one of the most favored sightholders or the elite dealers of De Beers, was influential in South African politics. Steinmetz had connections with South African member of Congress Tokyo Sexwale who, in turn, was a business partner of De Beers (ICIJ 6).Other circumstances that questioned the integrity of De Beers were focused on the diamonds that De Beers purchased from Angola during this country†™s war until its end in 1998 (ICIJ 6). De Beers’ obscured operating procedures made it almost impossible to determine that source of diamond once these diamonds were mixed in its vault and thus made the allegation impossible to prove (ICIJ 6). When the Kimberly process was formed, it was headed by Abbey Chikane of the South African Diamond Board. Chikane had a close relationship with De Beers (ICIJ 8).Because of this situation, speculations on De Beers’ real motives in being active in the Kimberly process erupted. The general assumption was that De Beers was using the Kimberly process to secure hold on the diamond industry because of the growing competition (ICIJ 7). Moreover, the report of the General Accounting Office, the investigative arm of the US Congress, that the Kimberly process was essentially flawed, provided further doubt on the effectiveness of the Kimberly Process to address the problem of conflict diamonds (ICIJ 5).

The Problem of Social and Economic Inequality in Modern Society

The Problem of Social and Economic Inequality in Modern Society Introduction Nowadays, we have the opportunities to be the active participants of the social problems solving. In the past, people struggled for gaining these opportunities. However, it does not mean that the nature of social issues changed dramatically. Quite the opposite, the nature is, essentially, the same but the methods of their solving and the attitude of public towards them have undergone changes.Advertising We will write a custom essay sample on The Problem of Social and Economic Inequality in Modern Society specifically for you for only $16.05 $11/page Learn More The aim of this essay is to analyze the newspaper and magazine articles devoted to the problem of social inequality and economic welfare. The Articles Analysis The first article, which I am going to present, is The Future of Fair Labor by Jefferson Cowie. The author gives the overview of the historic process of the labor legislation reforming. Cowie emphasizes the importance of Franklin D. Roosevelt’s legislative act addressed to the employers and workers. The President’s initiative laid the foundation of the modern employment legislation. â€Å"It outlawed child labor, guaranteed a minimum wage, established the official length of the workweek at 40 hours, and required overtime pay for anything more† (Cowie n.pag.). However, the author of the article states that the current situation in the field of employment regulation and legislation is rather vulnerable. It seems that the current legislation is too flexible in the sense that it gives to the employers the opportunity to find the loopholes. As a result, the substantial part of employees works the abnormal hours and does not obtain the appropriate remuneration. The author claims that it is the role of the government to ensure the efficiency of the current employment legislation. The second article is The 1 Percent Are Only Half the Problem by Timothy Noah. The economic inequality is the major th eme of the article. The author touches upon the problem of social stratification based on the differences in the economic welfare of the American population. Although he indicates to the significant gap between the wealthy individuals, whose weight in the total population accounts for only 1%, and the other part of the population, the weight of which is 99%, he argues that the problem should not be considered only in the context of the average income.Advertising Looking for essay on social sciences? Let's see if we can help you! Get your first paper with 15% OFF Learn More Noah claims that the access to education is the crucial factor of the social and economic welfare. The rise of the educated class should be taken into consideration (Noah n.pag.). The problem is twofold: on the one hand, the gap caused by the income inequality narrows, and, on the other hand, the educational gap widens. The Cuts that Keeps Bleeding is the third source, which deserves the sp ecial attention. It presents the statistical information on the dynamics in government spending on education. According to the data presented in the article, the funding of the education has been reduced by 28% since 2008 (â€Å"The Cuts that Keeps† 11). It is clear that the decrease in financing affects the quality of education. The statistics shows that the number of course offerings has decreased by 15% since 2008. The data support the opinion regarding the educational gap increase. It is not surprising as the cuts in spending limit the access of people to the higher education and they contribute to the social and economic inequality. Conclusion In summary, the analyzed articles are devoted to the problem of social and economic inequality. The authors emphasize the role of government regulation. Although the situation improves in certain areas, there are still the urgent problems requiring the legislative changes and government initiatives. Cowie, Jefferson. â€Å"The Fu ture of Fair Labor.† The New York Times. 24 June 2013. Nytimes.com. Web. Noah, Timothy. â€Å"The 1 Percent Are Only Half the Problem†. The New York Times. 18 May 2013. Opinionator.blogs.nytimes.com. Web. The Cuts that Keep Bleeding. By the Numbers, 30 (2013): 3. PrintAdvertising We will write a custom essay sample on The Problem of Social and Economic Inequality in Modern Society specifically for you for only $16.05 $11/page Learn More

Project Planning Essay Example | Topics and Well Written Essays - 750 words

Project Planning - Essay Example It is very important that these items are able to conform to certain quality standards. The client i.e. IRTC cannot take it upon itself to ensure the quality of each and every item. The software, in particular, happens to be the backbone of a reliable computerized billing system. The accuracy, reliability and robustness of such items can be ensured by a reliable vendor only. Facilitator: Though a vendor in principle is supposed to supply the items to the company on a pre-agreed set of terms and conditions, yet for third party products being supplied to the company, the vendor can act a facilitator, if need arises. Such facilitations often come handy in getting company officials trained in operating those equipment or software, maintaining and repair of the system or for future upgrade. Independent Observer: While the system is being implemented, a vendor can act as an independent observer at each stage of system implementation and planning. Because the vendor has supplied such items to similar companies and for similar purposes, at times even minor suggestions from the vendor prove crucial during system validation, testing and implementation. The First Customer: Well, there's every possibility that we need to pay the bills of the vendor as soon as the system becomes functional. In fact this payment depends on the number of items supplied and the terms of payment. In this way, the vendor becomes one fo the first customer of the company, which helps in making the system compatible with our requirements. Trainer: At times, when the supplied items are not of very large value, implying that the company is not in a position to arrange independent training for its staff in operating the system, the vendor's experience comes in handy. The vendor helps in training the manpower, by arranging short duration training sessions of a day or two. Long term partner: Once the mutual expectations are met, the company and the vendor feel comfortable in dealing with each other, thus gives scope for better understanding. This helps in leveraging this partnership in future expansion plans. 2. What are the advantages and disadvantages of using the vendor in these roles for this project Advantages: Following advantages could accrue to the company if the vendor comes up to the expectations i. Company gets a reliable billing system ii. Company is able to offer higher standards of quality to its customers iii. The costs associated in the form of delays and errors gets eliminated iv. Company is able to get its personnel trained at reasonable costs and without much delays in making the new system operational v. Company's officials get to test the project workflow software with more confidence vi. Open lines of communication between the vendor and company can help in resolving minor glitches during the operations. A timely advise often proves very crucial. vii. Whenever in future the company feels the need for upgrade or replacement of the system the vendor can help with his experienced advice. Disadvantages: There are some disadvantages as well in seeking long term partnership with the vendor. Such disadvantages are experienced when the vendor becomes too profit oriented is all his dealings. Some such disadvantages are; i. The company might loose the advantage of the competitive rivalry of the market in soliciting

Effectiveness of Senior Team Member and In-Depth Knowledge of the Essay

Effectiveness of Senior Team Member and In-Depth Knowledge of the Subject - Essay Example As it has been aforementioned that my role as a senior team member is very notable and important for the success of an entire team, in the same manner, the role and functions of other team members also play a crucial role in this regard. As a senior team member, I should be able to understand the potential, proficiencies, and skills of my team members so that I can effectively place them in the right order and can assign them the right duty and task which fits them the most. Furthermore, I should respect other team members and should expect the same from them. As a team, it is our foremost responsibility to understand that every individual and his role are equally important and that no one is assigned with an easy job or has been favored. Furthermore, I also need to check that all members of the team are performing their duties well and are following all the ethical and legal guidelines of prescribing, selling, and administration. It should be noted that prescribing someone is a serious and important issue. Although only authorized professionals are allowed to prescribe medicines, it is important that as a senior team member I should keep a check and balance on the procedures. A daily, weekly and monthly evaluation of the prescribing practices should be incorporated in the routine tasks as well as auditing and monitoring these practices. This will allow fewer chances of error and will ensure an effective and steady process of prescribing and other tasks. The presence of a code of ethics and conduct is made by the Ethics committee of â€Å"The British Psychological Society† (Cowden & Pullen-Sansfacon, 2014). They provide an insight to the educational, professional roles of Psychologists but they are not merely specific rules for psychologists but they are associated with certain principles that provide guidance on when to fulfill the demand of the patients and when it would be feasible to say no to them.