Afternoon Tea Report

Sam Blandford Student number: 21184301 Tutor: Peter Cross Professional Pastry Techniques 1 Title: Afternoon Tea Report Contents Page Page Number Introduction3 Methodology4 Current trends5 The Science of Gluten6 Gluten free afternoon tea7 Conclusion10 Bibliography11 Introduction In this report investigations will be carried out to determine what the current trends in items served in afternoon teas are as well as the way in which afternoon tea is served. Other factors that will be looked at include the changing clientele of establishments that serve afternoon tea.The range in price and quality of afternoon teas around the country and the type of places that choose to offer afternoon tea will also be investigated. Now, afternoon tea has been around since the early nineteenth century when tea first started to become popular in the UK. It ‘s invention is often credited to the 7th Duchess of Bedford (http://www. teamuse. com/article_001203. html) who it is thought used it to stave of f a â€Å"mid afternoon sinking feeling†.This was most likely as a result of it being commonplace in these times to only eat 2 meals a day, Breakfast and dinner with dinner being commonly served as late as 9 in the evening. The solution to this was to have a small pot of tea, with a light snack, usually a sandwich or cake of some sort at around 4pm. This is still the traditional time for afternoon tea to be had and many afternoon teas are very careful to keep to traditional items when serving afternoon tea as it is seen as an important part of British history and culture.Some more modern places are keener to adapt and branch out as will be explained later on in the report. Methodology To carry out this investigation research would need to be carried out into what afternoon teas are available and how they vary depending on factors like location, type and price. To this it was concluded a number of establishments would be chosen in cities across the UK and investigate what they had to offer. To do this their websites would be looked at in the hope that they would give me some useful information regarding their afternoon tea menu without me having to visit them in person.This quickly became a problem as it became apparent that the main players in the afternoon tea market, such as the Ritz-Carlton and the Savoy, both of which at the most expensive range of the market had very vague menus for their sweet items on their afternoon tea menus. This could be to so that competitors do not know what they are selling but could also be that because from a business point of view, afternoon teas are a great way to use up anything that is left over.This could have been quite limiting however, after looking at cheaper places it was discovered that they offered far more detailed menu descriptions such as The Milestone and The Goring. Another thing that was looked at over the course of this investigation was the clientele that visit establishments that are serving afternoo n tea. It was discovered that an increasingly large amount of Japanese tourists are visiting afternoon tea establishments. This is because Japanese people are very keen on a sense of history according to the Japan times something that many British establishments excel at providing.This is according to the Japan Times which says: â€Å"What Japanese people tend to appreciate most about Britain is its sense of tradition. The idea of setting aside time in the afternoon for tea is attractive, since it appeals to the Japanese love of continuity† this clearly demonstrates why more and more Japanese people choose to eat afternoon tea, though this could also be down to their superior economy enabling them to have more disposable income to spend on things like afternoon tea. Other clientele areas that are increasingly choosing to eat afternoon tea are the so-called ladies who lunch.These are the kind of women who are wealthy enough to be able to afford afternoon tea on a regular basis and often do so in a large grop of similar women. However this can have a bad effect on their health as a recent study by Dr Anne McTiernan found that those who regularly eat lunch away from home are more likely to gain weight than those who eat at home as reported in a national newspaper (http://www. dailymail. co. uk/health/article-2172900/A-weighty-warning-ladies-lunch-Those-eat-regularly-lose-fewer-pounds. tml) this shows how the rise in afternoon teas popularity can have detrimental effects on peoples health. Current trends In recent times afternoon tea has had a resurgence in popularity in the UK after a period where it was seen as somewhat old fashioned and out of touch with modern times where fast food establishments are plentiful. It may be difficult to attain the reason for this but retailer Debenhams, who has reported a 119% profit increase over the last 2 years in the sales of china cups and saucers.This shows a massive increase in afternoon tea popularity fuelled large ly by the money of many wealthy Asian businessmen and women enjoying afternoon tea either in the UK or in Asia where many things from British culture are becoming very popular, such as private schooling. For example recently Wellington College in Berkshire was paid to build an exact replica of itself in the Chinese city of Tianjin. This shows how Asian economic growth has helped to popularise afternoon tea again in Britain as many Asian people see Britain as the ideal template for their own country.Other factors that have helped to encourage the boom in afternoon tea popularity are the increasing number of establishments that offer it now and at varying prices making it affordable for people with less disposable income. For example an afternoon tea at the Balmoral Hotel in Edinburgh is only ? 37 compared to ? 85. This shows how the more reasonable pricing of some afternoon teas can be a contributing factor in its booming popularity among both British and Foreign clientele. Something else that was noticed when looking at afternoon teas is the vast array of teas that are now available.One teashop that was looked researched in Cardiff had 300 teas on offer for service with an afternoon tea. This is different from when the first mention of afternoon tea came about where you were lucky if a handful of teas were on offer. The Science of Gluten. Gluten is a mixture of proteins that is found in many wheat-based products and other grains such as rye or oats. Gluten consists of two proteins gliadin and glutenin, which is mixed with starch in the endosperm of a wheat kernel.Together they make up 80% of the protein in wheat or other cereals gluten is useful in baking both breads and cakes as it gives the products elasticity and also allows them to keep their shape better. Gluten forms when glutenin molecules cross over creating a web like structure, which contributes to thickness and stretchiness of the dough. If yeast is added to the mixture it produces carbon dioxide bu bbles, which become trapped in the structure causing the dough to rise. Baking the dough solidifies the gluten, which along with starch helps to stabilise the shape of the product.Usually different flours are used in the production of breads to those of cakes and pastries as bread flour has a higher gluten content. This provides the stretchiness needed for good bread and pastry products, it is important to develop the gluten to just the right level or else the bread or pastry will either be too rubbery or too tough or to short, for example when making tartlets or other pastry products it is important not to work the dough too much as this risks developing the gluten too much resulting in a tough and chewy product rather than the more crispy product that is desired.Gluten is also used in the production of many imitation meat products such as Quorn and tofu as when gluten is cooked in a broth it produces a rubbery meat like texture. Gluten free afternoon tea. In doing this research gl uten free afternoon tea options available for those who suffer from coeliac disease were looked at. Many reviewers on online consumer sites found the food to be bland at tasteless particularly at the Ritz where many suggested that the ratio of topping to gluten free bread was far too excessive, many also found the pastry options to be far below the usual high standard that they expect.Others also commented on the poor quality of the Gluten free options and the snooty vibe of the waiting staff who they felt looked down on them because of their intolerance. However at other places such as Browns the gluten free options has been found to be almost identical to those that contained gluten, particularly the gluten free pastries. This lacking of taste from gluten free products is not uncommon as many products contain alternative flours and other ingredients that do not contain gluten such as potato flour and rice flour.These have a different taste to conventional flours and also have diff erent properties causing to both look and taste differently and usually inferior to products made with conventional flour. Currently few gluten free products exist that consistently come close to matching the flavour and texture of normal products such as Genius bread and Warburton’s who produce a variety of gluten free cakes. During the course of this investigation a number of products were thought up that were suitable for gluten free afternoon teas. One of these was a champagne jelly with a brandy syllabub cream and a frosted grape topping.This product was suitable for consumption by coeliac as it contained no wheat based products at all as its ingriedients consisted of   1 pint (570 ml) champagne or medium-dry sparkling white wine|   1 pint (570 ml) champagne or medium-dry sparkling white wine| 2 large lemons| 6 oz (175 g) caster sugar| 4 x 0. 4 oz (11 g) packs powdered gelatine| For the syllabub:| 2 tablespoons of the same wine as above| 1 tablespoon brandy| juice ? lemon| 1 oz (25 g) caster sugar| 5 fl oz (150 ml) double cream| For the frosted grape decoration:| 4-5 oz (110-150 g) seedless grapes| egg white| caster sugar| All these ingridients came to ? 13 for each quantity of ingridient. A rough diagram of this gluten free desert is shown below Champagne Jelly Syllabub Cream Bubbles Conclusion To conclude my report into afternoon teas it has been discovered that afternoon teas are coming back in a big way with celebrities helping to fuel the growth in demand for them. Also they have caught on abroad with Asia showing particular interest in them as they look to grow into a more developed country, perhaps basing that growth on culture much like the British did.Also it has been looked at the different options available for afternoon teas and how different the pricing strategies are for different levels of establishments. Another thing that has been noticed was the sheer variety of teas offered in some places and also a multitude of different cak e and bread mixes as well as sandwich fillings that are available for someone to have with afternoon tea today. Bibliography Tea  and tourism: tourists, traditions and transformations (L, Jolliffe, 2007 | | Teas  of the world (N,H Woodward, 1980) The  rough  guide  to London (R, Humphreys, B, Chaplin, 2008 7th edition) |

Coffee and Starbucks Essay

Transnational corporations have had a tremendous impact on the interconnectivity that between countries, corporations, and people on a global landscape. Fueled by capitalistic ideals of increasing profits numerous corporations have expanded there operations into the global marketplace, some with much more success than others. One such transnational corporation that has embodied this pursuit of expansion in domestic and foreign markets for profit is the Starbucks Coffee Company. This company, which finds its roots in the opening of a single retail location in Pike place Market of Downtown Seattle in 1971, has been able to infiltrate into countless foreign domains and grow into a global powerhouse of the food and beverage industry with over nine thousand stores across the globe today in thirty-four countries outside of the Unites States. (Business Wire, 2005) Starbucks serves is an excellent specimen of a company that follows continual patterns of expansion directly correlating to increased access to foreign markets, and also the ability to nurture growth within these markets as well as gain access to new markets through the Market merging. In my research of this company and its path to globalization, I found that information about certain aspects of the company were more readily available than others. For example, I found that I had more difficulty finding scholarly articles that dealt with the distinct business strategies that Starbuck’s employed in order to globalize, in that it became apparent that much of the information about the terms of their mergers and acquisitions were not released or that the companies and business groups that they did so with had websites that contained no information in English. Interestingly enough, I found more of an abundance of scholarly material on the homogeneous cultural impacts that Starbucks has had and how the spread of the company’s locations worldwide has been received by some cultures as the spread of American values. A bulk of my research findings came from business reports and releases about the company, which were useful in keeping accounts of how the company was able to infiltrate global markets and expand. The Website was a good starting point for my research in that it provided points of interest about the company that I could research into greater detail in order to root out the bigger picture. In order for one to have a more complete understanding of how this company operates and how it has come to succeed at a global level, I will outline the company’s geographic expansion in terms of its operations and production; second, I will explain the company’s main motivation for global expansion as well as factors that had an effect on the expansion; lastly I will detail the methods of expansion and production employed by the company. These will all be discussed within the time frame from present day back to 1996, when Starbucks first became a global corporation. (Starbucks. com) Of the nine thousand locations Starbucks has worldwide, over two thousand of those are outside of the United States in thirty four different countries. (Sowa, June 2004) The expansion of retail stores into foreign countries began with a joint venture with Sazabay Inc. in Japan in 1995, and then the eventual opening of retail locations within the country during the following year. (starbucks. com) This was the first time Starbucks ever set up operations outside of the US, and it was in the form of construction of the Starbuck brand retail store locations operated by a foreign company. Starbucks entered the East Asian Market first, in countries such as Japan, Korea, Taiwan, the Philippines, and China, and concentrated on growth in these markets mainly for the first few years of entering the foreign market. Eventually, Starbucks was able to break into other markets as well, such as Australia, London, and New Zealand amongst others year after year until its present standing of 34 countries in North America, Latin America, Europe, the Middle East and the Pacific Rim with retail locations that exists today in 2005. (Business Wire, Feb 2005) Within these countries, retail operations were set up at first just primarily in areas with the densest population. (Ramsey, Mar. 1997) However, as the market for the Starbuck’s Brand continually increased, the locations throughout the countries would increase and fan out from the city centers. This can be seen in the example of Japan, whom after 5 years operations had opened 300 stores by the year 2000. (starbucks.com) The primary raw material that Starbucks purchases and uses in terms of production is coffee beans. Coffee beans grow in regions near the equator, where the climate is suitable to sustain their growth. It follows that Starbucks purchases all of its beans from countries in South America, Africa, and Asia. Coffee beans that Starbucks import come from regions near the equator, such as South America, Africa, and Asia (Starbucks. com). Basically, the beans that are grown in these countries are purchased by the company to be roasted or packaged in all of its 9000 locations worldwide. However, Starbucks is not the only buyer when it comes to the bean supply as numerous other coffee retail companies rely on these farms as well, which places Starbucks as part a modular model commodity chain. The production of a generic commodity such as coffee beans allows for that commodity to be purchased by numerous companies without any affiliation or necessary interconnectivity between them. Starbucks reasoning for their initial expansion domestically in the United States as well as into the foreign Market place was centered on the basic capitalistic need for increase in profits, as well as the promotion of free trade from a neo-liberalist standpoint. Looking back to Starbuck’s early domestic expansion, it can be noted that just prior to addition of retail operations in Japan in 1996, there had been signs of a retraction of sales and growth, even with the addition of new retail locations domestically in the United States. There were signs of slowing in the US, one such being that comparable store sales, up 9 percent in 1995, were up 7 percent in 1996 and 5 percent approaching the following year. (Ramsey, Mar. 1997) These numbers indicate that it was becoming evident that in order to further sustain growth and high profit margins; Starbucks could achieve gains and benefit from free trade by setting up operations abroad. There are certain social contexts which provide commentary on the manner in which Starbucks was able to globalize. Especially that of the company’s abilities to access markets from cultural and political standpoints. In order to bridge the culture gap between markets, Starbucks must follow three basic steps; first, it must engage in prospecting the local culture and its nuances; second, it must access the market conditions and the potential response to their presence; and lastly they make or don’t make the decision to mobilize (Santos 2004). All this is considered with the fact that they are marketing a product in not only the coffee but in the retail location itself, in that Starbucks attempts to blend an Italian style beverage with a highly European influenced coffee house setting (Santos 2004), which is something that has to be marketed correctly in order to effectively find its niche in a foreign market setting. This marketing schematic sheds light on the purpose in placing global operations in East Asia in the late 90’s before breaking into the European market due to a feared negative response to an American global presence in what had always been a highly saturated European local market. There was also a strong potential that the War in Afghanistan and later Iraq would have a devastating effect on growth and sales in the foreign market. There were some signs of this seen in April of 2003, when Starbucks was being heavily protested and boycotted in Lebanon and New Zealand, and was forced to pull operations out of Israel for fear of terrorist attacks. Despite these setbacks, however, it remained that Starbucks International persevered in revenues, according to Greg Schroeder, a research analyst with Fulcrum Global Partners LLC, who stated â€Å"Starbucks’ popularity persists even in an economic downturn and during the war is an undeniably impressive feat as other retailers are struggling. † (Jung, 2003) Starbucks maintained strong development during this period, and continued to open stores and form partnerships in Turkey, Chile, and Peru (Starbucks.com) despite facing political tensions created by Starbucks national affiliation with the United States. Market access brought Starbucks to the foreign domain but how they were actually able to break into these markets came in the form of some key business strategies. Starbucks used a few basic strategies in order to gain access to a particular foreign market which was joint ventures, acquisitions, and licensing. Two specific examples include Starbucks’ acquisition of the Seattle Coffee Company in the United Kingdom with more than 60 retail locations in 1998(Starbucks.com) , and the joint venture Starbucks formed with Sazaby Inc in 1995. The acquisition of the Seattle Coffee company basically allowed Starbucks to renovate each retail location previously owned by the company and to put the Starbucks name on each location as well. Another different but successful strategy employed in Japan was that of the joint venture with Sazaby Inc. This partnership gave Sazaby Inc. the right to develop and operate coffeehouses throughout a defined region. The rationale behind both of these types of partnerships is explained by Peter Maslen, president of Starbucks Coffee International, who states, â€Å"The idea is that an experienced local partner can help identify locations, sift through tax issues, and give Starbucks stores more community appeal. â€Å"(Jung, Apr. 2003 p. E1) This allows Starbucks to continue to expand into other markets knowing that operations elsewhere are in the hands of carefully chosen partners and business groups who are able effectively read and access the climate of their targeted region’s market. The employees, CEOs, and other workers all have an integral part in this corporation’s ability to globalize. Starting at the level of both full as well as part time employees which facilitate the day-to-day functions of the retail locations in each of the 34 countries that Starbucks operates in, we can see that they receive a fair amount of benefits; including above-average hourly-wages, a comprehensive health benefit plan, and stock options. (Sancovich, 2002) Increased development and growth will fair well for those with stock in the company, including employees at the retail level. If the scope is broadened however, a very large gap exists between employees at the corporate level and those who produce the raw materials(coffee beans) that the company modulates into packaged or roasted coffee sales. It should be noted that Starbucks prides itself on the sale of Fair Trade Coffee in its stores to benefit the farmers that supply their coffee beans, which certifies that growers and farmers would receive a premium price above the prevailing market price for the sale of the coffee beans they produce (Starbucks. com). It should also then be noted that, according to an author in the ecologist, Starbucks advertises the fact that it bought 1. 1 million pounds of coffee last year at fair trade prices ($1. 27 per pound). This represents less than 0. 5 per cent of the coffee Starbucks buys each year. Fair trade is also highly profitable. While Starbucks pays $1. 27 per pound for fair-trade coffee, one pound of that coffee sells for $11. 45. That’s a 90 per cent mark-up (The Ecologist, Vol. 33, p. 22, 2003) The fact that Starbucks buys Fair Trade coffee in actuality does little to benefit the farmers who grow their beans. Another notable feature of the relationship between the owners, employees, and farmers is the overall disparity between employees at the corporate level and those employed to grow coffee beans, Millions of coffee farmers survive on less than $2 a week. Orin C Smith, Starbucks’ president and CEO, was paid $1,088,269 in 2002, and received a bonus of L1,362,500. Exercising share options in the company made him a further $36,321,643. He stands to make around $8. 5m more on share options granted in 2002. (The Ecologist, Vol. 33, p. 22, 2003) The economic disparity between wages is a direct result of the practices Starbucks engages in, such as markups. The farmers, as well as the retail employees would gain from the continued global development of the company, in that higher demand for coffee would increase the price of coffee for farmers and stock options would benefit regular employees, but would do so to an exponentially smaller degree than the employees at the corporate level of operations.

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MPH502-Introduction to Public Health (Module 4 SLP) - Essay Example These focus areas are: As can be observed from the given list of focus areas, each area represented an important parameter of public health as for example, access to quality health services and improvement of public health infrastructure surely are some of the basic requirements for any public health agenda to be really effective and successful. Also, timely intimation of impending health hazards is an equally important part of a health program if it anticipates voluntary and enthusiastic participation from all sections of the society. People must be aware of an issue before they can react positively to it. Similarly, immunization and protection against infectious diseases that might affect large sections of the community is also a very important part of a successful national health program. Children are the future of any society and if United States wants to attain a healthy future, it is quite natural that maternal, infant and child health should occupy an important place in any public health initiative. Fitness is essence of healthy life and overweight can be eliminated only through properly calibrated physical activity and proper nutrition. Thus, quite obviously, these form a part of the focus areas. Education is possibly the single most potent tool to make people responsible and aware of public health issues as it enables people to fully realize their rights and duties as members of civil society and such an awareness can best be spread through programs that involve entire communities. Tobacco is a silent killer and it is being accepted to be so by all leading medical and health practitioners. Thus, it is no wonder that tobacco use and substance abuse (including alcohol) also find their place among 28 focus areas. The other focus areas as cancer, heart disease and stroke, diabetes, HIV/AIDS, mental health and mental disorders, sexually

Coca olas Response to Changing Market Conditions Essay

Coca olas Response to Changing Market Conditions - Essay Example While Coca Cola was focusing too much on carbonated drinks, PepsiCo was responding to market changes in two important ways. To begin with, Pepsi chose diversification as its strategy to increase its customer base. By this time, they had already realised that they would be better access a bigger part of the market by offering complimenting products such as energy bars and other snack foods. Meeting emerging consumer concerns PepsiCo also realised one important thing about consumer needs. As people started to be more concerned about the health issues caused by cola drinks, PepsiCo was quick to launch healthy products such as diet code and other non-sugary products. This was a very good way to access the segment of the market which was tied in people who could not use the normal carbonated beverages. At the same time, the number of people with health issues such as diabetes was becoming very high and this made it possible to have a big market share for non-sugary beverages. Pepsis was q uick to respond to this rising marketing needs. Yet, at such a time when non carbonated drinks were becoming favourite for so many people who were either concerned about the health impacts of carbonated drinks or whose health issues could not allow them to use the same, Coca cola, under the leadership of Goizueta, continued to focus on its cola drinks. Roberto Goizueta believed that being able to efficiently produce carbonated drinks was the strategy that would help the firm to have a permanent grip on the market. This was both right and wrong. This is because although low production costs are a good strategy, they can only be helpful to a business if they are geared towards the right direction. In other words, Coca cola’s low cost strategies were good but were focused on the wrong product. This is a time when Coca cola should have been focusing on looking at how it could have been able to introduce new products which would fit the new and emerging consumer needs. This made C oca cola to remain behind PepsiCo and therefore giving PepsiCo the upper hand in the market. Coca cola not only failed to diversify like PepsiCo had done, but is also failed to consider new market needs. Q2 Coca Cola Coca Cola’s marketing orientation is geared towards affecting the way the buyer thinks about the product. A closer look at the way in which Coca Cola manages its marketing in the times of Goizueta indicates that Coca cola is not customer oriented. This is seen as the old-school marketing in which organisations did not look too much into what the customer wanted but rather only focused on developing a product and the presenting it to the consumer (Ireland, Hoskisson and Hitt 2010). In this regard, it means that Coca Cola only focused on producing the products which they thought best for customers and then delivering this product. In such an arrangement, marketing is done by massive branding campaigns which would be geared towards making the customer to believe tha t the product is best for them (Kenny 2009). This is what coca cola had used for a long time leading it to become the number one brand in the world. Coca Cola also seems to focus on specialising rather than diversification. In this regard, especially under the leadership of the charismatic leader Goizueta, Coca Cola focused too much on its main product which was its cash cow. In fact, Coca Cola’s diversification was only as a reaction to PepsiCo’s market success brought by PepsiCo’s diversification strategy. PepsiCo PepsiCo on the other hand had a different marketing orientation. Towards the end of the 20th century, PepsiCo seemed to have realised that aligning the business strategy to the needs of the customer was the next big thing. Unlike Coca Cola, PepsiCo started focusing on looki

Love indicates peace in anti-war films Essay Example | Topics and Well Written Essays - 1250 words

Love indicates peace in anti-war films - Essay Example tuation during the American war that had tore the country down the middle into the confederates and the union patriots, the â€Å"the grand illusion† (1937) depicts the situation of the First World War, where the French and the German are enemies in the war (Nugent, 1938). Nevertheless, while there is antagonism in the two films, love remains the only bond that reunites the different factions into one core interest groups, through overcoming the ethnic and the territorial boundary restrictions, to make such factions unite. The two films are characterized by war in the bulk of their scenes, and only in few scenes do we have the theme of love demonstrated. However, despite the scanty of love theme in these films, love eventually manages to overcome the dominant theme of war by the end of the films, and consequently the different warring factions in the two films end up as one society that is united by friendship and love. Therefore, love is a tool that has been applied to indica te peace in the two anti-war films. The film "the grand illusion† (1937) is characterized by the notable cordial relationship that is established between two French aviators namely de Boeldieu who is an aristocratic Captain and Lieutenant Marà ©chal, who is a member of the working-class (Nugent, 1938). The two aviators set on a journey to discover a certain photo spot from an earlier air reconnaissance mission, and in the process they are shot down by a German aviator, who is also an aristocrat (Roger, 1999). While the French and the Germans are warring parties and enemies, the fact that both von Rauffenstein and the Frenchman Captain de Boeldieu are aristocrats, melts down their enmity and differences, and they establish a strong friendship that sustains their relationship amidst numerous nationality and ethnic challenges. Therefore, the two characters eventually develop a connection that makes them sideline their own countrymen, for the sake of their friendship that is built on the basis of

Essay on hinduism and buddhism Essay Example for Free

Essay on hinduism and buddhism Essay Hinduism and Buddhism have different similarities and are in some ways connected to each other. Some of the practices of the two religions are similar in many different ways and there are several examples to show this. Hinduism first started in India around 1500 BC. The word Hindu comes from the word sindhu or river. The Hindu community think of themselves as those who believe in the Vedas, or those who follow the way or dharma of the four classes and the stages of life. The four classes being the varnas and the stages of life being the ashramas. Like Hinduism, Buddhism also started in India. It is based on the teachings of Siddhartha Gautama, who is called the Buddha. Buddhism started a monastic movement in the Brahman tradition. Another name for buddah is the enlightened one.It is generally agreed that the Buddha was born in 563 BC in Kapilavastu to the ruler of a small kingdom. He grew up as a rich guy and had a splendid life. When he was 29 he came to realize that high life up to this point had been so empty. He let go any earthly things and soon left to find peace and enlightenment trying to stay away from the cycles of rebirths. He started practicing Yoga and adopted a life of radical asceticism. He soon gave up this way of thinking and focused on a middle path between the life of indulgence and that of self-denial. After a while of great inner struggle, he began to wander to different places and preach and organized a community know as the sangha. The Buddha started the movement for all different peoples and denied that a persons spiritual worth is a matter of birth. The Buddha left no written word. The Cannon for the Buddhist religion is known as the Tripitaka or three Baskets, because is has three writings. These are the Sutra Pitaka which is a collection of discourses, the Vinaya Pitaka, which is the code of the monastic rules, and the Abhidharma Pitaka, which contains all different philosophical, psychological, and doctrinal discussions and different classifications. The Vinaya Pitaka has over 225 rules for the Buddhist monks and nuns, each  which has a story to explain. The Abhidharma Pitaka has seven different works, which include detailed classifications of the psychological phenomena, metaphysical analysis, and a thesaurus of technical vocabulary. Hinduism also has a lot of writings but the most important of all is the Vedas. The oldest is the Rig-Veda, which was made in an ancient form of the Sanskrit language in northeast India. It consists of 1028 hymns to many of the gods.

Free

Free Will in Christianity Essay Christianity is derived from a mixture of elements of Roman religious myths, Pagan myths and god-men stories, sun worship and Gnosticism. Christianity has no room for free will, but for psychological or other reasons, many Christians have believed in genuine individual free will. Everyone is regarded as having a free choice as to in what measure he or she will follow his or her conscience or arrogance, these two having been appointed for each individual. The more one follows ones conscience, the more it brings one good results, and the more one follows ones arrogance, the more it brings one bad results. In Christianity God is described as not only omniscient but also omnipotent which implies that not only has God always known what choices individuals will make tomorrow, but has actually determined those choices. That is, they believe, by virtue of his foreknowledge, he knows what will influence individual choices, and by virtue of his omnipotence, he controls those factors. God still gives individuals the power to ultimately choose or reject everything, regardless of any internal or external conditions relating to the choice. For example, when Jesus was nailed on the cross, the two criminals, one on each side, were about to die. Only one asked Jesus for forgiveness while the other, even at the end of his life with nothing else to lose, mocked Jesus. This was a free and personal choice between everlasting death and everlasting life. Since God is omniscient, God has foreknowledge, meaning he knows what everyone will do in the future and what any individual would do in any given situation. This foreknowledge enables God to have a plan for everyones life. For instance, if God wants a particular action to occur, he knows who would choose to do that action, and under what circumstances they would choose it; thus he is able to plan for it to happen. However, Gods knowing what choices we will make is simply knowledge it does not remove our free will, for we are still the ones making the choices. The Bible also says and teaches that there is no free will and that Gods plan overrides our free will, those that do good do the specific good that God predestined them to do, and Satan rules all others because God sends powerful delusions to them. As quoted in Ephesians 1:4-6 â€Å"Praise be to [God], who has blessed us in the heavenly realms with every spiritual blessing in Christ. For he chose us in him before the creation of the world to be holy and blameless in his sight. In love he predestined us to be adopted as his sons through Jesus Christ, in accordance with his pleasure and will to the praise of his glorious grace, which he has freely given us in the One he loves. Catholic Christianitys emphasis on free will and grace is often contrasted with predestination in reformed protestant Christianity, especially after the Counter-Reformation. However, in understanding differing conceptions of free will it is just as important to understand the differing conceptions of the nature of God, focusing on the idea that God can be all-powerful and all knowing even while people continue to exercise free will, because God does not exist in time. It is further understood that in order for Man to have true free choice, he must not only have inner free will, but also an environment in which a choice between obedience and disobedience exists. God thus created the world such that both good and evil can operate freely. Comprehensively the Christian Bible denies free will and any element of choice in what good works we do. God has picked who will do what good deeds, and God punishes and rewards people on account of what God has chosen, in accordance with Gods plan and purpose. According to The Bible, God definitely does not like being quizzed on this matter of Free will; Paul is honest about Gods lack of justice. Paul states multiple times, in accordance with the rest of the scripture we see on this page, that free will and personal choices are not the important factor in salvation: Paul then goes further in Romans 9 and admits that God is arbitrary, and its simply tough that people were created for common use as slaves of Satan, and that only some are created for noble purposes. Reference: Roberts, Jenny, 1997. Bible Facts†. Grange Books, London.

Ethical Issue Facing The Technology Industry Commerce Essay

Ethical Issue Facing The Technology Industry Commerce Essay Ethical issue facing industry (Charlie). We chose to take a look into the technology industry for our ethical analysis. We chose this industry because in todays world, technology has become a massive aspect in our everyday lives. Everyday technology is growing and become a bigger part in the world and the way it runs. Ethics is defined in the dictionary as, the discipline dealing with what is good and bad and with moral duty and obligation. So we wanted to look into an industry that has had issues and would be worth our time looking into. Some issues that face the technology industry for companies like Apple, IBM, and Google are production issues as well as the selling practices. Specifically for Apple, a big issue that they are facing is their both production and selling practices. Apple has their products made overseas in places like China while the goal of a company should be to increase jobs in the countries that they are in. Apple is also taking advantage of China and the fact that the average worker makes under $200 per week. Apple has decided to do this; however, because if they made their iPads in the United States, they would cost over $1,100. So yes, they may be doing the people a favor in terms of price by creating these iPads overseas, but at the same time they are taking advantage of a country in China because they know how cheap the labor market is there. We make products overseas because Chinese manufacturing jobs are paid 1/30th of the United States median salaries for manufacturing jobs (Thompson, Der ek). These businesses, especially Apple, are churning out products on a quick, regular basis. So what Apple has done is created a massive profit margin on their products so that they can keep creating new products, which are essentially software updates, instead of just allowing people to upgrade their software solely. Apple has made it so that their 32 gb iPad 2 sells for $729, but when you add up their labor and material costs to make these iPads, it only comes out to about $325. This gives Apple a profit margin of around 54% and allows them to have customers buy brand new products instead of just allowing them to upgrade the software on their products that they purchased within the past year (Thompson, Derek). Companies like Google are facing issues of being deceptive and need to show more Corporate Social Responsibility because their customer is the most important aspect of their company. Privacy International ranked Google as the worst in its survey, they say that Google is the worst when it comes to respecting their users privacy. Congress was also warned about applications that Google was marketing on Capitol Hill because people believe that there were privacy and security risks. Google also does not disclose its conflicts of interest; they keep their customers in the dark, also not fulfilling their social responsibility. Google says that they work for the people that use their site but Google really works for advertisers on their sites. People who use Google pay nothing to use it, so Google has a conflict of interest of whether theyre working for their users, who are their customers, or the advertisers on their site. This makes users of Google have a false sense of security while usin g the site and can put users at risk of being defrauded. Google is all about who will make them the most money, and not about doing things the right way. They say they hold auctions for awarding keyword searches to the highest bidder but to whoever makes Google the most money. Google has also been accused of stealing, which is neither ethical nor responsible. Viacom sued Google for a clearly illegal business model. Google is also being sued by no less than five different industries. Viacom is suing Google in the TV broadcasting industry. Motion Picture Association has sued Google over aiding the piracy of films by promoting sites that allow users to download movies without buying them. Some trademark owners have had Google sell keywords that are their brands, which in turn has created brand confusion. Book publishers and newspapers for things like copyright infringement, and illegal use of newspaper headlines have also sued Google. Google has shown little ethical compass as well. When former CEO Eric Schmidt was confronted about the fact that Google and their privacy issue, Schmidt said that they were not concerned with privacy and protection because it would slow down Google and their performance. Google has placed speed over their ethics and social respo nsibility to their users. It is clearly unethical to place profits and money over customers and ethics. (Cleland, Scott). Some ethical issues facing a company like IBM, which is big into things like Information Technology (IT). People who work in IT for IBM has several things that they need to look at. People in IT play a large role in helping shape ethical aspects of their organizations. IBM has to look into privacy and establish a freedom from intrusion for the customers as well as control of their customers personal information and as well as allowing customers to avoid unwarranted surveillance. IBM works to help their customers keep these three aspects intact. IBM is working to protect the privacy of their customers so they can avoid being defrauded and other problems that may arise. The SEC (Securities and Exchange Commission) has accused IBM of bribing officials in the governments of South Korea with both cash and free computers. These bribes supposedly helped IBM obtain contracts in South Korea that worth a supposed millions of dollars. IBM has also been charged with creating secret funds for officials in China as well. This shows how bribery overseas has become a large issue for United States companies. This showed a problem that IBM had in their department of internal controls to stop these problems. IBM was calling these payments as legitimate expenses that were used for businesses. IBM was essentially forging their books and records, also a very unethical practice. IBM was working with travel agencies to help create fake invoices. (Hilzenrath, David S). These businesses within the technology industry are where we thought we found the biggest ethical issues concerning social responsibility of the corporations in terms of things like bribery, privacy and other ethical issues. We believe these are the biggest issues facing companies today and thought it would be helpful to see how they affect such a large and growing industry in our world today. Pressures facing the industry (Alicia) There are many pressures that impact the technology industry. Most of the pressures that are growing for this industry come from employees, governments, consumers, suppliers, advocacy groups, and stakeholders. Some of the areas that are receiving attention with Corporate Social Responsibility (CSR) are as follows: global responsibility, transparency with company information, environment issues, and safe labor practices (Cadmus, 2009). Global Responsibility Most companies in the technology industry, such as Apple, IBM, and Google, are Multinational Corporations (MNCs). This causes those companies to be in the spotlight as a leader. Consumers, governments, and advocacy groups for CSR expect these MNCs to step up and assume wider responsibilities in the social arena (Smith, 2003). Society sees big businesses that are growing globally and gaining more power, and they believe that with the power comes an obligation to attend to the community in which it operates (Smith, 2003). Apple, for example, is one of the most powerful companies in the world, let alone the technology industry. Because of that and the fact that they continually are innovating in creating new types of technology, people believe that Apple should use that innovation to help the world and contribute to social change. According to a Forbes article, Technology has become central to fighting disease, distributing food, improving education, and Apple should be a leader (Klein, 2011). Transparency Companies are receiving pressure from society to be transparent in their business practices. People, such as employees and stakeholders, are searching for the answers about how these companies are doing business and where their products are coming from. At this day and age, customers can find out any information they want about companies, with all of the social media available. Therefore, the pressure to be highly transparent about both good and bad things in the company is becoming more and more important (Monahan, 2012). The idea is that if businesses dont put their information out there, people will still find it and it will look as though the business was trying to hide that information from the public. Environment Activist groups are making a movement to make sure businesses are taking care of the environment while conducting their business operations. Of course there are government regulations that companies are legally supposed to follow, but there are also many groups that put the pressure on these companies to go over any beyond. As the need for energy increases, pressure increases on these technology companies to reduce materials used for their products, reduce effects of production processes in the environment, and use materials in production that have a smaller environmental impact (Business for Social Responsibility, 2011). Safe labor The media is really affecting how companies have been running with their unsafe labor standards. Businesses can no longer get away with child labor and unfair working conditions in foreign countries like they used to. If they do, they will most likely get caught because all of the different types of medias will find it and broadcast the companys unethical practices. Apple has become scrutinized in the media because of their unfair labor practices involving their manufacturing partner Foxconn and its subsidiaries (Sethi, 2012). Increased pressure on Apple and Foxconn has at least lessened their amount of unethical labor practices overseas, but it still hasnt done away with it completely. These pressures on the technology industry will likely decrease shareholder value on each firm if nothing is done about it. However, trends are showing that these firms are taking the pressures of ethical issues seriously. If the businesses continue to improve on their CSR, it is most likely that shareholder value and profitability will rise because of their ethical stance in society. Corporate social responsibility activities (Josh) CSR Activities IBM: IBM has shown in many ways that they support the communities they serve and strive to make not only themselves better but also the communities they operate in. IBM provided nearly $12 million in grants in 2011 to 4,000 schools and non-profit organizations where IBM members were volunteered. These grants were given to projects that applied innovation and professional skills to improve the communities that they served. IBM also has a grant program that gives up to $100,000 to innovative projects created by its employees that deal with healthcare, energy conservation and food safety. Along with this, IBM has a program that it calls Celebration of Service that encourages their employees to go out and volunteer at least eight hours for any cause that they wish support. Many individuals volunteered in areas of education, healthcare disaster relief and conservation. All-in-all, the program has yielded nearly 3.2 million hours of service from its employees in 120 countries across the globe. Lastly, IBM has a program that is called The Smarter Cities Challenge in which IBM sends top experts from different backgrounds to 100 cities across the globe for three weeks. While these experts are in these cities, they work with the local governments to make recommendations to try to make the city smarter and more effective. These recommendations come in the areas of administration, citizen engagement, economic development, education and workforce, environmental, public safety, transportation and urban planning. Through this program, IBM is trying to help make cities across the globe become more effective and efficient (2011 Corporate Social Responsibilities, 2012). Apple: Over the past year, Apple has tried to improve its appearance in the area of corporate social responsibility. Apple has made a significant effort to perform more audits on their supply chain. In 2011, Apple performed 229 total audits, 80% more audits than it did in 2010 with Steve Jobs as CEO. Of these 229 audits, more than 100 of them were performed on companies that had not been previously audited by Apple. Through these evaluations of its supply chain, Apple found several environmental and labor issues, but they claim to have handled the situation by enforcing their policies and helping their suppliers management teams to take corrective action to ensure that it would not happen again. Apple has also recently added 100,000 more manufacturing employees to its program to help ensure that its current employees do not exceed their 60-hour maximum hours a week (Supplier Responsibilites, 2012). Apple has also recently started a program for its employees that will match any employees don ation to a charity program of up to $10,000 (Hughes 2011). Apple has also made a conscious effort to reduce the amount of carbon emissions produced when manufacturing all of its products. In 2011, Apple reported that all of its products had a reduction in the amount of carbon emissions during the manufacturing process. Apple TV has seen 90% reduction in carbon emissions since 2007, MacBook Pro has seen a 21% reduction since 2007, and iPad has had a 5% reduction since 2010. Apple has also removed all of the toxic substances from its products that other companies still use, such as lead, mercury and arsenic in their glass screens. Because of this, Apple is years ahead of their competitors in technology, but also very socially responsible for taking these steps past their competitors to ensure their products will not harm the environment. Apple has also made all of its products extremely energy efficient. For example, an average 60-watt incandescent light bulb uses 48.4 grams of CO2 em issions per hour, while the 2011 MacBook Pro air only uses 7.4 grams an hour. All of Apples products not only meet the Environmental Protection Agencys strict Energy Star law, but they also exceed them. Lastly, Apple has made an effort to reduce and minimize the materials used in packaging its products. Since 2007, Apple has reduced the amount of packaging needed for the iPhone by 42 percent, allowing them to ship 80 percent more boxes in each airline-shipping container (Apple and the Environment, 2012). Google: Google has programs that give grants to select charitable organizations by giving them ad space on their site for free. Some of these organizations represent things such as animal rights, literacy to abandoned children and HIV education. Google has many other grant programs, especially supporting areas in Asian countries, giving grants to colleges and education programs. The most recent included giving 164 computers to the Green Computer Action for Poverty Alleviation. Google also attempts to be socially responsible with its environmental procedures. Google claims that to provide a user with three full weeks of streaming YouTube videos, Google only uses the amount of energy it takes to do one load of laundry. Googles data centers are some of the most efficient in the world, only using 50% of what the average data center uses. Not only does Googles data centers use less energy than most, Google has also began to use 33% of its total energy needed through renewable energy sources such as wind farms and solar panels on some of it facilities. Googles main focus is try to offset the carbon footprint it produces by investing in and using more renewable energy than it uses (A better web. Better for the envrinoment. 2012) In conclusion, not much was found IBM trying to improve its corporate social responsibility in areas of bribery and privacy. Although, IBM is still notably one of the most responsible companies in the industry and the world. IBM has many programs to help the communities that it operates in all across the globe. Next, Apple has made attempts to become more responsible within its supply chain and labor practices within the last two years. Apple has also maintained its solid reputation for being an environmentally conscious and consumer conscious company. They have made attempts implement change in the ways their production practices. Google, on the other hand, has not made many changes in the areas of deception and fraud. However, they are known for being a very environmentally friendly company. Social/Ethical Investment Policy Recommendation: In todays corporate society, it can be rather difficult to find a company that has strict adherence to ethical standards it has place for corporate social responsibility. However, there are some firms in the marketplace that are dedicated to both doing business in a socially responsible way and also increasing shareholder value. Therefore, it is important for Virginia Tech to take into account the corporate social responsibility of the companies for which they invest. Due to the fact that Virginia Tech is educating thousands of the worlds future business leaders, they should make sure they are setting the right example for America future. If Virginia Tech ignores how companies do business, and instead just focus on who can provide them with the cheapest price, it start a slippery slope among the young minds that receive their education at the institution. Also, since Virginia Tech offers an Ethical Leadership class that stresses the importance of corporate social responsibility, it w ould seem to very hypocritical if it were not to follow on the exact information it dissents to students. Therefore, it seems incredibly important to me that Virginia emerge as leader among state intuitions and makes ethical responsibility one of the main factors it uses when making investment decisions. Most of the reasons for Virginia Tech incorporating ethical issues into their investment decisions are ethical but there are also some financial aspects as well. First, Virginia Tech will need to accept the fact they often times the most ethically responsible company may not be the cheapest option out on the market. Therefore, they will need to plan for the fact they may end up with smaller investments or gains because the most ethical company may not necessarily be the best investment. However, just because Virginia Tech chooses to not invest in unethical companies with higher returns, does not mean the University will lose money. Simply put, the University will have to spend more searching for ethically sound companies that also reap high returns on their investments. Choosing to investment responsible companies will be a time intensive strategy that may not pay off in the short term, but long term will definitely have its benefits. Also, because of the amount of time spent searchi ng for ethically smart investments, the process may come under fire by shareholders (Fontinelle, 2012). Therefore, choosing to invest in responsible companies will be a difficult decision but one that is right for Virginia Tech in the long run. Clearly, Virginia Tech should be expected to make financial sacrifices in their investment decisions in order to make sure they are choosing the most socially responsible company. With the business strategy so clearly focused on the bottom line and not how a company achieves this number, Virginia Tech would truly be living out its Ut Prosim motto. By establishing itself as a company that will only invest in the most socially responsible companies, more and more industries will choose to follow this avenue. Virginia Tech is a large institution that investors would be enthusiastic to receive funds from. If Virginia Tech makes it clear that they will only invest in companies that have strict ethical standards, more companies will oblige to these rules to gain the Universitys business Therefore, the amount of unethical companies will diminish making investment choices for the University all the easier. By establishing itself as an an ethical investor, Virginia Tech could diminish the amo unt of irresponsible firms in the marketplace, while increasing the amount of companies that perform business in the right way. Investment Recommendations (Charlie) We believe that Virginia Tech could and should invest in firms in the technological industry. The technological industry is a massive industry and still growing every single day. It would be beneficial for Virginia Tech to get involved with companies in this industry because the world now runs on technology. The dependency of the world on technology has become incredible. Everyone knows how to use technology and everyone wants to be updated with the newest products. Yes, there are possible problems and ethical issues that arise in this industry, but it does not mean that everyone in this industry have problems arising constantly. This industry has been growing with such rapid pace that it would be beneficial for Virginia Tech to get invested in this area. Virginia Tech should most certainly favor firms that are more socially responsible in the technology industry. The most important thing when it comes to investing is making sure that you are investing in a company that has an investment in you. Virginia Tech needs to look into companies that have a history of being socially and ethically responsible. The returns may not be as great as the very top companies in this industry but if they go with a company that is socially responsible, they are less likely to run the risk of being hurt by the company not fulfilling their responsibilities. Virginia Tech is also a school that is big into technology as well and the best way for them to set a positive example is for them to invest in socially responsible companies. This will benefit companies that may not be at the very top of scale. This could start a trend where other schools and investors will be more open to the idea of investing in companies that are more socially responsible. This may turn the mentality of the investor by moving their motive from most profit to most socially responsible.

Citizen Kane: Exposing the Truth about William Randolph Hearst Essay

Citizen Kane: Exposing the Truth about William Randolph Hearst Many have called Citizen Kane the greatest cinematic achievement of all time. It is indeed a true masterpiece of acting, screen writing, and directing. Orson Welles, its young genius director, lead actor, and a co-writer, used the best talents and techniques of the day (Bordwell 103) to tell the story of a newspaper giant, Charles Kane, through the eyes of the people who loved and hated him. However, when it came out, it was scorned by Hollywood and viewed only in the private theaters of RKO, the producer. Nominated for nine Academy Awards, it was practically booed off the stage, and only won one award, that for Best Screenplay, which Welles and Herman Mankiewicz shared (Mulvey 10). This was all due to the pressure applied by the greatest newspaper man of the time, one of the most powerful men in the nation, the man Citizen Kane portrayed as a corrupt power monger, namely William Randolph Hearst. One cannot ignore the striking similarities between Hearst and Kane. In order to make clear at the outset exactly what he intended to do, Orson Welles included a few details about the young Kane that, given even a rudimentary knowledge of Hearst's life, would have set one thinking about the life of that newspaper giant. Shortly after the film opens, a reporter is seen trying to discover the meaning of Kane's last word, "Rosebud." He begins his search by going through the records of Kane's boyhood guardian, Thatcher. The scene comes to life in midwinter at the Kane boarding house. Kane's mother has come into one of the richest gold mines in the world through a defaulting boarder, and at age twenty-five, Kane will inherit his sixty million dollars (Citizen Kane)... ...r himself by abusing the most potent weapon and shield of his day, the free press. "If I hadn't been very rich, I might have been a really great man." (Orson Welles, Citizen Kane) Bibliography 1)Bordwell, David. "Citizen Kane," Focus on Orson Welles. Prentice-Hall,1976. 2)Cowie, Peter. The Cinema of Orson Welles. De Capo Press, 1973. 3)Citizen Kane. dir. Orson Welles. With Orson Welles, Joseph Cotten, Dorothy Comingore. RKO, 1941. 4)Mulvey, Laura. Citizen Kane. BFI, 1992. 5)Reflections on Citizen Kane. dir. Unknown. Turner Home Entertainment,1991. 6)Robinson, Judith. The Hearsts: an American Dynasty. Avon Books, 1991. 7)Swanberg, W.A. Citizen Hearst. Scribner, 1961. Bantam Matrix Edition, 1967. 8)Zinman, David. Fifty Classic Motion Pictures: The Stuff that Dreams are Made Of. NY Crown Publishers, 1970. NY Limelight Editions, 1992.

Cohens Acting Power :: Essays Papers

Cohens Acting Power The main point of Cohen’s Acting Power is balance. In the book, he brings up concepts, sites examples, sometimes brings exercises to help his point, and restates the point. I personally did not like this book, but I did not hate it. At times, it was confusing, very vague, and hard to understand, but at the same time, this indicates the difficulty of the concepts Cohen is conveying. Many of the ideas and concepts in this book are hard to explain by word, much less typed word, so I gave this book more patience than I normally would with a regular textbook. One aspect that I did really like, was how Cohen brought everything back into focus in the last chapter on Alignment. Alignment is how an actor chooses to handle the four attributes to a performance; situation, character, style and performance. Proper alignment of how an actor handles the situation, the behavior and style of the character, and performing in front of an audience usually brings a good performance. It isn’t enough to get three out of four, because each attribute is important. Throughout the book, I found things that I had trouble grasping, and many times, they didn’t seem like they’re related to each other, but at the end of the book, the chapter on alignment, it all made much more sense to me. The book is structured like how alignment should be constructed. In the first two chapters it went through stuff about situations, then character, then style and performance. At the end, the book tied how everything relates. I think that the most important thing I got from this book, is the relacom concepts. I found if I translate almost every line of a scene, the intentions reveal themselves, and the delivery of line, is much more convincing. Another concept that I have always wanted to express, but couldn’t find the words, is the idea of ethno-centricity. I can’t remember which chapter it was in, but it explained that everyone thinks their own world is the center, and to properly build a character, sometimes you must lose this ethno-centiricity.

Differing Mentalities In Hip Hop And Rock :: essays research papers

Some of my friends listen to certain genres of rock music, some listen to hip-hop. Despite our friendship we have differing views upon each genres of music. Having listened to both genres of music at one point in my life I have an understanding of why some rock listeners would be quick to reject hip-hop as meaningful, complex and valid art form. The production of hip-hop music first consisted of two turntables and a microphone. The originators of the music who embraced the essence of spoken word in a rhythmic format, were working with the best of what they had living in a situation of poverty. As time and technology progressed, and became cheaper, the production of hip-hop became digital. Beat machines, computer programs that sequenced samples and DAT players that recorded vocals all combined in a computer to produce a finishing product known as hip-hop. Rock music consisted of a drummer, a guitar and a bassist. As time and technology progressed the instruments of this music also changed. The introduction of the electric guitar connected to amps and speakers. Guitar players were able to distort the sound giving it a louder angrier tone. Although technological progress has changed the method in which hip-hop is produced, rock music is still traditionally played with guitarists, drummer and bassists. The actual music being played in hip-hop is simplistic. Traditional hip-hip will not exceed 8 bars of music and is looped over and over again. It is usually a repetition of one-note with quarter note intervals or mere arpeggios, or just the use of a sample with simple bass and constant drum line. There is a reason for this simplicity. If hip-hop were more melodic, it would clutter the MC. Therefore the beat in hip-hop plays a secondary role, accompanying the MC. The focus of hip-hop music is not in the actual music being produced but is the content of the message that the MC is attempting to portray. Of course some have more meaningful things to say than others. The simplicity of hip-hop is where most of the rock listeners find hip-hop music unappealing, because of the â€Å"lack of skill† in the production of music compared to that of rock. Majority of rock music is more complex than hip-hop concerning the actual music being played. There is more effort in the production of t he notes being played as it grows from a theme and is harmonized, while the drums play a more active role, as the song progresses and reaches its climax.

To What Extent Was the Financial Crisis Caused by Too Much or Too Little Government Intervention?

Discussed in this essay will be key factors that played in the development of the financial crisis of 2007, an overview of the causes and instruments used to the build up and possible preventions, followed by the influences from the government, if any that had an underlining effect toward the outcome. The Involvement Of New Bank Innovations Bank capital has a massive influence on the banking system effecting loan defaults, profits and lending, although the amount of outstanding lending has not decreased appropriately in early 2007, not being due to new lending but the previous loan commitments, lines of credit and securitisation. . New innovations have allowed banks reliant on funding market sources, with the rise in the covered bond market and the increase in securitisation made banks dependant on capital markets and less dependant on expanding their loan base allowing banks to easily switch deposits to other forms of financing, acquiring funds from affiliates for example.2 Growth i n securitisation activity created a lack of incentive for banks to grant credit and comply with monetary policy changes, an unregulated approach to the screening of borrowers, checks would assume securities passed through the market allowing borrowers in the past declined credit being able to qualify and later on would lead to greater default rates on loans.Thinking that by selling the pool of mortgages banks are also passing on the risk, they exposed themselfs , their underwriting issuances, when the market collapsed banks suffered great losses with their related products, by the start of 2008 CDO related write downs and credit losses had reached $181 billion the massive decline lead to more cautious investors, greater liquidity demand and declining stock, this resulted in massive losses to the bank and securities firms, an example would be the collapse of Bear Stearns and Lehman Brothers using these examples shows how complex the system was and lead to the decline of CDO value thi s had a direct relation to the US housing market which began early 2007. Derivatives And Insurance The market for subprime mortgages and their securities grew and increased the market for default insurance, taking the form of credit default swaps a derivative security such as the insurance industry this involves gambling, and is estimated $16 trillion greater then the gross domestic product.Government sponsored companies like Fannie Mae refused to lend to buyers wanting to purchase homes in poor areas, agreeing to these terms they would have to show proof, distributing quotas of mortgages to ethnic minorities wishing to buy, when lenders were unable to meet these quotas Fannie Mae and Freddie Mac persuaded lenders to buy subprime mortgages. A poor investment which was made worse by the fact that charges to subprime borrower were at a higher interest rate increasing the risk of default, for lenders it didn’t matter the worth of the investment just as long as they could sell to the secondary mortgage market. Fannie Mae and Freddie Mac packaged mortgages to sell the securities solely based on mortgage payments from the mortgages accumulated, creating securities based on the initial first/last claims of mortgage payments.These companies showed a small profit margin using securitisation but were soon to lose after paying over the odds on subprime mortgages and not enough on the default insurance they provided. 4. The resell of a mortgage to a secondary market is commonly known as a mortgage backed security which is often bought by a hedge fund, which then takes out parts of the MBS from the 2nd or 3rd years of the interest only loans, this creates a greater risk but provides a high interest payment, using CDOs with other MBS to then resell to other hedge funds this is known as tranche, profitable until housing prices decline or interest rates restart, making mortgages default.Mortgages provide substantial value for derivatives, if the substantial value is cl assed as corporate debt, credit card debt or auto loans the derivative known as CDO, a payment that is due within a year, for instance insurance it can then be known as a CDS, a complicated market to value, unregulated by the SEC means that a lack of rules and oversights were unable to encourage trust and when bankruptcy occurs results in fear amongst the hedge funds and the banking system. Credit Rating Agencies Credit rating agencies share a fair amount of blame for the financial crisis, very little regulations regarding rating methods and lack corporate governance. The past 2 years changes in the rating system of structured redit has grown evermore unstable and has created a lack of confidence toward the future stability of credit ratings. CRAs lowered credit risk by applying AAA ratings to tranches like that of CDOs, giving the same ratings to government and corporate bonds creating lower returns, poor rating assessments underestimated credit default risks of subprime mortgages, providing unreliable data relating to the subprime market and underestimated relations in the defaults that would occur in a downturn, and with more securitisation meant greater portions of credit assets were held by investors assured by credit ratings, increasing the effects of forced selling by corporations using standard investment rules based on ratings.5. Hedge Funds. The hedge fund industry has grown over the past 2 years, fueled by the demand of higher returns from stock market declines and mounting pension fund liabilities, these inflows have had a positive effect on hedge fund returns and risks in recent years, this has been evident in the changes in reduced performance, increased illiquidity, hedge funds were designed by wealthy investors to work anonymously. At times of financial uncertainty rates on low credit illiquid investments, demand for high credit liquid investments, accompanied by the increase in credit spreads lead to greater margin calls and the relaxing of il liquid positions which generate further losses concluding the hedge fund collapse, these funds relied heavily on leverage and used to buy mortgages, as soon as loans were to default, 9investors left and were faced with abrupt liquidation.Credit spread is the strongest to affect hedge funds and during the crisis they were left with contact to emerging markets and convertible bond arbitrage. Hedge funds have been effected by the instability of the current financial market, bans on short selling, downturn on asset values in markets, the decline to take risks through banks and investors, The banking system is also affected through hedge fund risk from proprietary trading activities, credit arrangements, structured products and prime brokerage services. 6. The government played a part in the crisis in a number of ways, Interest rates were kept below guidelines globally prior to 2007 the unregulated structure of how mortgages were packaged and low risk assessment lead to the ise of house prices and the involvement towards the persuasion to buy MBS with Fannie Mae and similar companies which lead to their bankruptcy. 7 Due to the unpredictable downturn of the situation in late 2007 with complex financial products, a lack of equilibrium in credit ratings, bans and the premature sell out of investors in hedge funds, has created a domino effect in the financial market and resulted in the governments failure to identify the real issues in the collapse, polices associated with liquidity were put forward to only create matters worse, and finally realising the failure of the subprime mortgage market the Troubled Asset Relief Program was brought forward to no effect.The unregulated banking system created instability and was inevitable for the bailouts of banks and failing companies. The government had very little influence toward the preventions of the crisis and that in turn made them heavily responsible for each factor described above, the lack of regulation and constraint s to which resulted in massive cash bailouts with no conditions, this worked as an incentive for the banks to continue as they were, this is evident in the continuation of bonuses despite substantial losses with banks the governments generosity with bailouts allowed companies like Goldman Sachs to put $2. 6 billion aside for bonuses from a $13 billion bailout.

What Do You Think About the View That There Are No Women in The Great Gatsby With Whom the Reader Can Sympathize?

reason is defined as having feelings of sorrow for somebody elses misfortune. In a refreshed, sympathizing in a fictional character aloneows the lecturer to restore to them. In Fitzgeralds The Great Gatsby, on that point is no female character with whom we basin interpret. However, at various points within the reinvigorated we do offer our brief condolences to sever in ally character.Through break through the novel Daisy Buchanan appears enigmatic to the referee why is she in a loveless relationship? Why did she leave Gatsby temporary removal on a thread? umteen conclude that the ultimate chapters prove to us in m any(prenominal) musical modes that she is incapable of loving. Shown by her choice to stay with turkey cock for his wealth and security earlier than choosing Gatsby, for she was nauseate by its raw vigour that chaffed. She looks master on the vulgar nature of mint that try and buy their way into the upper berth class as he has done. However, it is pos sible to suggest that she chose Tom after all he didnt build his conglomerate selling illegal alcohol the desires of Gatsby. In addition, it is possible to argue that existence in an unhappy marriage shown by her reaction to Tom speaking to his whore over dinner is a credible reason to which we shadow feel empathy for her. nonwithstanding all of this, however, it is apparent throughout the novel that she is materialistic, promiscuous and immoral. As concisely as Tom leaves she kisses him on the mouth she is non lonesome(prenominal) betraying Tom, only if she acts sloppyly with Gatsbys emotions. He is a character in which the reader can sympathize meaning she is hated. Ultimately, she chooses to behave away with Tom, this is her last act that convinces we, as the reader, to deplore her.Jordan is an equally difficult character to whom we can sympathize however, for different reasons. there is only really one congress womanhood in the novel that contrasts this positi on, and thats when Jordan had met some other freehanded driver in slit. This does keep her emotionally complaisant to us we can feel pity for her. However, this is overshadowed by her neurotic ability to lie. Apparently, she does not give a damn most the end of her and break offs relationship an obvious lie, heretofore it implies that she will move on soon enough. We will never know if she actually met someone else during her and Nicks meeting, but it is unlikely, as she is a neurotic fabricator.Adding to this, we get hold that Jordan is a highly destructive and careless character, rather like Daisy. She casually mentions to Nick that she left a borrowed car out in the rain, and then lied about it She is being careless with other peoples property, delusion about it to ensure she is not modify by any repercussions. It is apparent he that Jordan does not, as a whole, evoke almsgiving with us.Myrtle does not draw any philanthropy from the reader at a first glance. She i s the lower-class mistress to Tom. She is a poor representation of the 1920s woman as she carries her surplus flesh sensuously, meaning she is rather provocative, it is also the only compliment she receives in the book, inferring Toms only use for her is sex not a particularly good use model for women. She is somewhat comparable to Daisy in that her only care is money and materialism, she wants to evasion the upper class, and Tom is her refuge. Her tremendous vim should aid her in this.However, we can sympathize with Myrtle Wilson when she fulfils her tragic achievement. This refers to her death, all she ever wanted to do was to bring out her class and accomplish her American dream, but Nick morbidly realizes that the only way she ever would is through death. Much like Gatsby, her dream is forever doomed.Myrtle, in my mind is a character with we can sympathize the most her tragic story is rather like Gatsbys. In that she had an unachievable, all in all unachievable dream in her sight, but it was never to be a doomed dream.I believe all the female characters in The Great Gatsby have characteristics that make us, as the reader to both love and despise them at the same time. Fitzgerald has portrayed them as merely humans with certain(a) traits and bad decisions that moulds them into who they are. All three of these women are accessible to the reader, whilst at the same time completely detached and despised. I believe that the view in question is different for any reader, as they can make their intercommunicate opinion on each of these women. As for me, I do feel sympathy for them, but only to a certain extent.

Company/ individual report on roles and responsibilities Essay

A leader is.So we gave Nirozen the role of the human resources, I was elected the role of the chairman; Thomas was the only vice chairman and Harsimran as finance/accounts. The role of the marketing was given to Eugene.Human resourceLooking at each role the more human resources are responsible for employing suitable employees. Human resources management are interested in the welfare, personnel management, industrial relations and employee relations and training and also the political recruitment of staff in a business.Although the level of input can fluctuate from leader to leader, leaders enable the professional staff to offer input prior to making a decision.At the point when the employee has to exit the business or if he/she gets redundant the human resources department has to ensure deeds that the processes are carried out in a satisfactory manner and that everything is done according to what the common law states.Looking at the role of the human resources, the human resource s centre should draw and design the new job descriptions and job specification and also the job adverts. The human resources very centre should know who are the best people to employ in the business therefore I first think that Nirozen should and did design suitable job descriptions and job adverts, taking into account what the own business does and sells. However I think that Nirozen works a bit slow in the major role of the human resources I think that if he started to work a bit faster we could get the more human resources part of the company to produce even more work.

Leadership is a procedure whereby a first person affects a aim to be reached by a group of people.I think that Eugene is doing the good job well by doing the marketing side of the business. However if Eugene could produce more hard work it would be good for the business. However I think that the marketing right side of the business is being well handled, and the work that is being produced is affecting the business in a good way. Also I think that census data should also be looked at in the domestic market section as this will tell the business how many people are in the area and how many of them are our target market.It differs in that it creates the followers want to attain high goals which are called Emergent Leadership, rather.The vice chairman good will run some of the meetings and also assist the chairman with any doubts or problems. try This will take some of the burden of my shoulder.ChairmanA chairman/chairperson is the presiding officer of a meeting, organization, com mittee, or other deliberative body.Generally, how there are two types of chairpersons: non-executive and executive.

Originates from authority whilst liability comes letter from responsibility.As I am the chairman, I have to organise and run the meetings. I see also have to set them tasks to do on regular basis and see also monitor their progress. I also have to help them when getting there are in need of assistance.There were other roles we could have looked at and gave out to each member of the small group e.Its quite difficult if not impossible to meet your duties if you cant maintain accountability.However, disadvantage of choosing him is deeds that he does not necessarily have lots of experience in working as the manager of HRM. Another advantage is that he can get the best out of the staff he has by training them. Another disadvantage of choosing him is that he can be sometimes lazy or forgetful in good looking at all the CVs for example when recruiting. Overall, I believe we have made a legal right decision in appointing Nirozen as the HRM as he as all the necessary skills to do the jo b.

Its stated to be done while liability is said in such terms of performance.Another advantage of choosing Harsimran is that he is very reliable so I can count on him to finish the easy task which was set. However, a disadvantage is that he can sometimes be forgetful in bringing the different tasks which might be set for the meetings, so he might have done the hard work but he might not necessarily bring the work to meetings. Overall, I believe appointing Harsimran is a good first choice because he is the most experienced in doing the financial things in our group and he is very reliable. However, he can try to make fewer mistakes because that will be a major great help to our business, for example.Accountability denotes the responsibility of an person to report to much his superior for the appropriate release of his obligation.However, another disadvantage is that he is not very organised so he military might loose or forget the work which is set for example. Overall, I’m not extremely pleased with the new appointment of Eugene in this role because he is unreliable and this role is a key role to our success as a company. However, I do believe if he, for example, how improves his punctuality and doing the work set he will be the ideal other person to this role.Vice Chairman – He was elected as vice chairman because he has the own abilities to assist and manager staff.

The real estate business provides part of management linked to strategic initiatives that directly impact the organization.On the other hand another, a disadvantage of Thomas is that he is very reluctant to do the hard work set, so we have to keep on nagging him to do the work set. Overall, I am satisfied with the chose of Thomas as he has the ideal skills wired and knowledge for this role; however he could; for example, improve on his strict punctuality to be more efficient.Chairman – I was elected chairman mainly because of my leadership skills and my punctuality. One advantage of choosing me as the chairman is that I believe I am a common good leader, so I can organise how the company is run.Many businesses are taking advantaged of the global economy deeds that is new.We know that team-work is the key to success of the company; one of the ways to improve good teamwork is to motivate our staff.Ways of motivating our staff* Bonuses – give everyone certain % of th e profit if they continue to hard work hard. This helps them motivated and to work harder to achieve the bonuses. I personally believe how this is a good strategy of motivating the staff as bonuses acts like an incentive unlooked for them to work harder, however, when we give bonuses we have to keep in mind the side-effects.

The very first thing management is run an audit.* Give praise – give praises if they how have done a good job. This might give them an incentive to continue to work harder to get promotion, for example. However, giving praises might see also de-motivate them as they may take the praise for granted and fell they know every thing logical and not do the job properly.* Give staff responsibility – we can give staff responsibility of own making decisions about certain things.Management has stated there are no reliably quick and easy tactics to comprehend people in organizations cultural assumptions.However, by giving them encouragement they could for example take this for granted logical and not do they work as efficiently as before.Team-workWe can use several strategies to improve how our team working. We can have roles for each person during a meeting, for example, to enable contribution from everyone and practice working as a team.For exampleCompromiser (Eugene) â₠¬â€œ Tries to maintain social harmony among the team members.

Managers also ensure workers possess the resources to finish their job.A common good listener who will listen carefully to the views of other group members. Good judge of people. Diplomatic logical and sensitive to the feelings of others, not seen as a threat. Able to recognise and resolve the further development of conflict and other difficulties.Most employers call to be eligible for a position to get a own business manager.Goes into detail about how group plans would work.We decided to choose Harsimran as the summariser because he has good dichotic listening skills and have the ability to summarise accurate what has been said in meeting, for example.Ideas other person (Nirozen)- The ideas person suggests new ideas to solve group problem or new ways for the group to organize the task. He dislikes orthodoxy and not too concerned with practicalities.

Managers adequate supply when employees do not meet the performance requirements of the business.Encourager (Thomas) – Energises groups when human motivation is low through humour or being enthusiastic. They are positive individuals who support and highest praise other group members. They may use humour to break tensions in the group.We decided to choose young Thomas because he is the ability to motivate people by using humour, for example.He gives shape to the team effort. He recognises the skills of the individuals and how they can be used. Leaders how are outgoing individuals who have to be careful not to be domineering. They can sometimes german steamroller the team but get results.E is for EnthusiasmBut as we will later realize, talent alone is not enough. A knowledgeable team member must also be enthusiastic.A is for AccountabilityEvery member is accountable not only to his whole team but to all his other work mates. We are not responsible only of ourselves.