The Essential Nature of Capitalism Essay - 552 Words

The Essential Nature of Capitalism The essential nature of capitalism is social harmony through the pursuit of self-interest. Under capitalism, the individuals pursuit of his own economic self-interest simultaneously benefits the economic self-interests of all others. In allowing each individual to act unhampered by government regulations, capitalism causes wealth to be created in the most efficient manner possible which ultimately raises the standard of living, increases the economic opportunities, and makes available an ever growing supply of products for everyone. The free-market operates in such a way so that as one man creates more wealth for himself, he simultaneously creates more wealth and opportunities for everyone else,†¦show more content†¦Exploitation is inherent to the nature of socialism because individuals cannot live for their own sake, rather, they exist merely as means to whatever ends the socialist rulers -- the self-proclaimed spokesman of society, may have in mind.1 What is capitalism? Laissez faire capitalism means the complete separation of economy and state, just like the separation of church and state. Capitalism is the social system based upon private ownership of the means of production which entails a completely uncontrolled and unregulated economy where all land is privately owned. But the separation of the state and the economy is not a primary, it is only an aspect of the premise that capitalism is based upon: individual rights. Capitalism is the only politico-economic system based on the doctrine of individual rights. This means that capitalism recognizes that each and every person is the owner of his own life, and has the right to live his life in any manner he chooses as long as he does not violate the rights of others. Capitalism, economic system in which private individuals and business firms carry on the production and exchange of goods and services through a complex network of prices and markets. Although rooted in antiquity, capitalism is primarilyShow MoreRelatedEssay about Marxs Manifesto1305 Words   |  6 Pagesunderstanding of the nature of human beings and how they have constructed their historical world. Marx is considered a modernist because his views and theories fit the meaning of Modernity, which are human freedom and the right to free choice. To Marx, Capitalism is a barrier to the notion of human freedom and choice. Five aspects of his political theory are: how he views human nature, effects of Capitalism on human natures with emphasis on significance of labor, class struggles within Capitalism, the demiseRead MoreThe Obligations Of An Eighteenth Century Merchant923 Words   |  4 Pagesinitial trade networks that capitalism relied upon. In taking a broad based Atlantic perspective to capitalism Haggerty demonstrated that in order to understand the phenomenon historians will have to take an ever larger view of capitalist endeavors, they will have to step beyond Atlantic perspectives into a global or even transnational look at the subject. This is exactly what Sven Beckert attempts in Empire of Cotton: A global History. Beckert take on the study of capitalism by closely examining theRead MoreCapitalism : A Dominant Marxist View On Capitalism1608 Words   |  7 PagesCapitalism is an unequivocal system that is characterised by market dependence and entails the preconditions of profit-maximisation and competition as a foundation. Where and when capitalism originated from would very much depend on the definition of capitalism used, as different definitions would bring about different histories. This essay will touch upon two, out of many, approaches to the historical origins or capitalism, the Agrarian origin as well as the mergence of capitalism in the MediterraneanRead MoreThe Socialism And Capitalism Of Society1686 Words   |  7 PagesIn this paper, we will look at both socialism and capitalism. These are both very broad topics so not every aspect of each will be covered. We will, though, try to achieve a basic unde rstanding of both of the systems. We will see how they differ and how they are similar. The term socialism was brought onto the world scene in the 1830s. It was first used to describe the doctrines of Charles Fourier, Henri De Saint-Simon, and Robert Owen (Dagger).These men believed that society should be organizedRead MoreThe Inequality Between The Rich And Poor, And Oppressed1610 Words   |  7 PagesAccording to socialist’s humans in a state of nature are communal and inherently social, preferring cooperation over competition. It is the society that surrounds it that disrupts this natural instinct in us, it is within the capitalist society where people are in a constant state of competition for our own survival. It is within the capitalist framework we can see the degradation of mankind, the inequality between the rich and poor, and inherent discrimination. 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Although , Capitalism is essential for us to continue progressing into a modern future; at some point in time, Capitalism lost its artlessness

Paracetamol and Rheumatic Pain Management Free Essays

Journal Article Critique HCA 220 Kayla Dye 3/3/2013 Wanda Carter This article explains what pains the elderly suffer from. Musculoskeletal pain in mentioned to be the most common. It mentions the causes being rheumatic pain, different types of arthritis, and non curable conditions such as tendonitis and bursitis. We will write a custom essay sample on Paracetamol and Rheumatic Pain Management or any similar topic only for you Order Now It states that pain management can either be treated with pharmaceuticals or non pharmaceuticals. Education of the patient of treatment is important in order to maintain good health with non pharmaceuticals. With pharmaceuticals are also offered but are mentioned to be â€Å"cost-effective† and since they contain â€Å"NSAIDs† there is less risk for harmful effects with effective relief of symptoms. Any of the pharmaceuticals that the elderly use should be used with caution because of sensitivity and drug interactions. This requires attention and adjustments of dosages to avoid risk and be beneficial at the same time. This article states there are four broad categories of treatment which include analgesics, NSAIDs, even stronger analgesics, and adjuvant drugs. With all these drugs they should be maintained efficiently throughout the period of treatment and physicians should be aware of the effects. The goals that are discussed with patients and physicians should be realistic for the pain management to be effective. They are ways to help side effects of rheumatic pain such as helping sleep disturbance, fatigue, and mood disorders. For any of this to be effective educational efforts must still be involved with the patient and healthcare professional perspectives. An accurate diagnosis for rheumatic pain management will help if the patients are realistic as this article states. These treatments should be multimodal, but pay attention to the health of the patient. The best outcome would be to have a great impact on the pain and improve their lives and with the wider range of options of treatment that can make it possible and help physicians with musculoskeletal aches and pains that occur in the elderly. Some implications that healthcare professionals could have are that pain characteristics, disability levels, and psychological factors such as depression and anxiety could affect the prognosis of musculoskeletal pain. Variables that are associated with poor outcomes for musculoskeletal pain could include the return of pain and complaints within a short time period, lack of education, use of pain medication, and even more bothersome pain occurring. There are important implications of expanded testing and treatment for musculoskeletal pain. Innovation has often outpaced clinical science, leaving uncertainty about the efficacy and safety of many common treatments. Complications and even deaths related to pain management are increasing. Despite uncertainties, manufacturers aggressively promote new drugs and devices. However, trust in the science supporting these products is eroded by revelations of misleading advertising, allegations of kickbacks to physicians,  and major investments by surgeons in the products they are investigating. Associate Level Material Medical Terminology Breakdown Break down 10 medical words from your chosen article. Place the component parts in the correct boxes. Copy and paste this template into your Week Eight paper. | Medical Word| Prefix| Combining form| Suffix| Definition| 1|   rheumatic| Rheumat/o| Rheumat/o-ic| ic| Watery flow. 2| osteoarthritis| Osteo/o | Osteo/o-arthr/o-itis| itis| A form of arthritis, occurring mainly in older persons, that is characterized by chronic degeneration of the cartilage of the joints. | 3| arthritis| Arthr/o| Anthr/o-itis| itis| Inflammation of a joint. | 4| tendinitis| Tendin/o| Tendin/o-itis| itis| Inflammation of a tendon. | 5| bursitis| Burs/o| Burs/o-itis| itis| Inflammation of a bursa. | 6| acetaminophen| A/o| a-ceto/o-min o/o-pheno/o-en| en| Analgesic drug used as an alternative to aspirin. 7| analgesic| Ana/o| Ana/o-ges-ic| ic| Pain killer| 8| musculo-skeletal| Musculo/o| Musculo/o- skelet/o-al | al| Pertaining to or comprising the skeleton and muscles. | 9| pharmacological| Pharmac/o| Pharmac/o-log/o-ic-al| al| The science of drugs, including their composition, uses, and effects. | 10| intra-articular| Intra | Intra/-articul/o-ar| ar| Within a joint. | References Fitzcharles, M. -A. , Lussier, D. , Shir, Y. (2010). Management of chronic arthritis pain in the elderly. Drugs Aging,  27(6), 471. How to cite Paracetamol and Rheumatic Pain Management, Essay examples

Higher Education Reforms in Australia

Question: Discuss about theHigher Education Reforms in Australia. Answer: Introduction The Australian governments is obliged to ensure that the level and quality of education is high in every economy. The government has mostly focused its development on the primary and secondary schools but fewer reforms have been implemented towards improving the tertiary education level. Higher education in Australia has not been obtained by many people as there are unavoidable challenges that pose discouragement (Education.gov.au, 2016). The quality of higher education is important as it determines the major skills held by those who enter the job market. The article analysis will identify a major challenge facing this education level and will identify the various policy actions the government have taken or should take to face it. Other than this paper being of importance to the policy makers. It will also be of importance to the private universities and colleges that are not regulated by the government. The government should initiate as many reforms as possible on higher education t o raise affordability and access. However, the government face challenges upon implementing these reforms as some people are not ready to accept them. For instance, students are not accepting the idea of government deregulating the higher education fees. This paper will improve the awareness to this group on why the government is taking such a policy implement. The article that will be analyzed is Fronting up to Tertiary Education Reform 2016 by Jennifer Hewett. Article Analysis The article is emphasizing on the need for reforms on the university education. According to Hewett (2016), some of the factors that may be leading to the dire need for regular improvements in education and training are; under-employment, low wage growth and globalization which is leading to automation of jobs (Zajda and Rust, 2016). Some students are taking courses which after completion they struggle a lot to get a job. Whereas the Australian government may brag of having a high quality of education, the delivery from much of the system is not as expected. She noted that university also face funding crisis because of their identity and claimed that this is where the government should focus reforms. The income level mostly determines whether a student is going to enroll to a public or a private university. Fees have been lower in the public than in private universities, however this does not guarantee a higher quality of education (Preston, 2014). In the article, it was noted that f uture jobs and countrys economic needs should be considered by institutions in the advancing of affordable and quality education and training. The tax raised by the government is not sufficient to efficiently fund the attainance of higher education. This raised the need of the government to deregulate the fees. This was by reducing the quantity of funds advanced to each student. High funding of higher education students has lowered the enrollment of students into public schools. The economic argument for this is that in comparison to the funds available for funding these students, the higher the amount per student, the lower the number of students funded. The aim of deregulation was to ensure that the number of students who receive the funding increase (Yaxley, 2016). If the funding per student is cut, more students will be able to access the funding. Hewett noted that the decision of the government committing to cut the universities funding by 20 % was not welcomed by many (Conifer, 2016). Aph.gov.au (2016) and Hare (2016) stated that cutting funding would result in student paying more than what they paid with higher fundi ng. Tanya Plibersek an opposition spokesman argued that most higher education graduates are loaded with unnecessary lifetime debts but however, costs of obtaining educations should not obstruct a bright student from accessing the best education (Hewett, 2016). It was noted however that getting improvements on education requires much more than increment or reduction in funding (Zajda and Rust, 2016). Besides the recognition of the essentiality of the collaboration between the industry and university research in improving new business opportunities growth and the commercialization of ideas, the government has put much effort towards it. The vocational education sector is also an important sector that has been given less attention whilst it the sector with the highest of those seeking higher education (Higheredstrategy.com, 2017). It adds much to the skilled workforce. In an attempt to boost enrollment in private and into registered training organizations, the government has raised the level of their funding to enable them offer various courses and make it affordable (Aph.gov.au, 2016). Recommendations Funding for higher education is a sharp reforms. Since the government is concerned on eliminating structural unemployment where job exist but those seeking to be employed dont possess the skills, it should focus not only on increasing the funding, but also to ensure the education quality is observed. The need to improve the vocational training institutions should be embraced as it has been observed to be occupied by many who are seeking to acquire various skills. The government should monitor and value all the courses offered to students to ensure that they will be marketable in future and in line with economical changes. This would help in addressing the underemployment problem. The government should increase its funding to private and vocational training institutions. It should also increase its effort on collaborating the industry with the university research as it has been considered to the growth of many new business opportunities through commercialization of ideas. Conclusion The government is concerned on the issue of availability of funds to support higher education. The amount of loan advance to the students has been very high and its still rising. With a lower funding per student the government could increase the number of students who access the loans. Vocational training institutions have been given less attention whereas this is the sector that natures the most skilled laborers. Some learning institutions offer some courses that are of less demand in the market and not in line with the economic changes. The funding by government has been mainly on public universities and lower in private universities and non to the vocational training institutions. Well this is argued to change in order to increase the attainance of higher education. References Aph.gov.au. (2016). Reform of the higher education demand driven system (revised) Parliament of Australia. [Online] Available at: https://www.aph.gov.au/about_parliament/parliamentary_departments/parliamentary_library/pubs/rp/budgetreview201415/higheredu [Accessed 25 Apr. 2017]. Conifer, D. (2016). Budget 2016: University fee deregulation scrapped but universities still facing big cuts. [Online] ABC News. Available at: https://www.abc.net.au/news/2016-05-03/morrison-abandons-uni-fee-deregulation/7380564 [Accessed 25 Apr. 2017]. Education.gov.au. (2016). Consultation on the future of higher education reform | Department of Education and Training. [Online] Available at: https://www.education.gov.au/news/consultation-future-higher-education-reform [Accessed 25 Apr. 2017]. Hare, J. (2016). Higher university fees loom for students. [Online] Theaustralian.com.au. Available at: https://www.theaustralian.com.au/national-affairs/education/higher-university-fees-loom-for-students/news-story/41074ea0907fca991b2f21306216d529 [Accessed 25 Apr. 2017]. Hewett, J. (2016). Trying again on education reform. [Online] Financial Review. Available at: https://www.afr.com/opinion/columnists/fronting-up-to-tertiary-education-reform-20161116-gsqshs [Accessed 25 Apr. 2017]. Higheredstrategy.com. (2017). The Monash-Warwick Alliance. [Online] Available at: https://higheredstrategy.com/category/international/page/6/ [Accessed 25 Apr. 2017]. Preston, B. (2014). State school kids do better at uni. [Online] The Conversation. Available at: https://theconversation.com/state-school-kids-do-better-at-uni-29155 [Accessed 24 Apr. 2017]. Yaxley, L. (2016). Government committed to university funding cuts. [Online] ABC News. Available at: https://www.abc.net.au/news/2016-04-05/government-committed-to-university-funding-cuts/7299508 [Accessed 25 Apr. 2017]. Zajda, J. and Rust, V. (2016). Globalisation and Higher Education Reforms. 1st ed. Switzerland: Springer.

The Desert Storm War Essay Research Paper free essay sample

The Desert Storm War Essay, Research Paper The Desert Storm War, like about all wars throughout history, did non go on overnight. There were many events which led to the war. It could easy be seen that a struggle would originate in the Middle East. The mark of war were apparent. On July 17, 1990, Saddam Hussein accused Kuwait of oil overrun and larceny of oil from the Rumailia Oil Field. This was the first mark of a future struggle. One hebdomad subsequently, April Glaspie, US Ambassador to Iraq, tells Hussein that the Iraq/Kuwait difference is an Arab affair and it does non impact the United States. This was a bad move. It was like stating Hussein that he could make anything he wanted. By August 2, 1990, Iraq invaded Kuwait, which was what forced the United States to come in into the personal businesss of the Middle East. President George Bush decides to stop dead Iraqi and Kuwaiti assets. Soon, the United Nations demands that Hussien should retreat. Although was has non yet been declared, it is obvious that military actions will hold to be taken. On August 7, 1990, Secretary of Defense Cheny goes to Saudi Arabia. The 82nd Airborne and several combatant squadrons are besides sent. This was the beginning of the long military physique up. The undermentioned twenty-four hours, Iraq decides to annex Kuwait. The UN declares the appropriation shut-in. The United States attempts to counter Iraq by denoting the interdiction plan of Iraqi transportation. In add-on to this, President Bush authorizes the call for modesty US troops to enter the Middle East. American military forces begins to swell in the country. On August 25, the UN authorizes military action. Iraq counteracts by ramping several diplomatic missions in Kuwait City. President Bush so orders extra military units to the Middle East to give an # 8220 ; violative option # 8221 ; to American forces. This was the physique up phase for the Desert Storm War. On November 20, 1990, 45 Democrats file a suit in Washington to hold President Bush seek Congressional blessing of military operations. This suit was finally thrown out. President Bush so seeks public blessing by sing the military personnels stationed in the Middle East. This was non planned to alteration any military personal businesss, but it helped to ease tensenesss in the United States. A hebdomad subsequently, the UN Security Council decides to authorise force if Iraq does non retreat from Kuwait by midnight, eastern criterion clip, January 15, 1991. Tensions in the Middle East are at an all clip high. The war may get down at any minute. On January 12, 1991, a ballot was taken in Congress to let US military personnels to be used in violative operations. Three yearss subsequently, a deadline is set by the UN Resolution 678 for Iraq to retreat. On January 16, the first United states authorities statement of Operation Desert-Storm is made. US military planes so onslaught Baghdad, Kuwait, and other military marks in the Iraq country. The war has begun. On January 17, 1991, Iraq launches it # 8217 ; s first SCUD missiles. US forces are still constructing while this is go oning. US forces in the Middle East exceed 500,000 by January 30. On February 6, Jordan King Hussein lashes out against the American barrages and supports Iraq. The American barrages, nevertheless, continue. On one mission, US bombers destruct a sand trap composite in Baghdad with several hundred citizens indoors. The decease toll is about 300. President Bush so issues an ultimatum to Iraq. If Iraqi forces do non retreat from Kuwait by February 23, American land forces will travel in. Iraq fails to follow, and the land war begins. Although high casualties were expected high during the land run, they are overly low. Many Iraqi forces resignation. The decease rate among American military personal is really lower during this run so it by and large is during peace clip. By February 26, 1991, Kuwaiti opposition leaders declare that they are in control of Kuwait City. Iraqi forces have been defeated. President Bush orders a cease fire effectual at midnight Kuwaiti clip, February 27. On March 3, Iraqi leaders officially accept the cease fire footings. The war is over. POW get down to be released. By March 8, the first US combat forces begin to return place. This was the Desert Storm War. Like most wars, its beginning was unobserved until the first military action was taken. Unlike most wars, nevertheless, the casualties among military forces were drastically light. Although the war did non last really long, it had a great impact on the Middle East. Kuwait was put into shambles during the war. With fiscal assistance, Kuwait would one time once more get down bring forthing oil. The immoralities which start wars were one time once more destroyed.

Free Essays on Disposable Diapers

Nature of Demand The end users of TenderCare are those parenting a child. More specifically, women 18 – 49 with children below the age of three are the primary target market for TenderCare and their competitors. Extent of Demand It is estimated that there are 9 million households with 11 million children that consume diapers. The average use per household is estimated to be 5 per day. Foreign markets are creating more of a demand for disposable diapers. Canada for example is expected to have a 20 percent growth rate until the year 1990; the UK has doubled its market and is continuing to do so. Within the United States market, growth rates are slowing and this will mean stronger competition. Nature of Competition Competition is intense, â€Å"Procter and Gamble, and Kimberley Clark accounted for about 80 percent of the market from 1984 to 1985.† Procter and Gamble is the strongest competition for TenderCare with their two brands, Pampers and Loves. There are also followers in the market accounting for about 24 percent of market share. Stage of Product Lifecycle TenderCare diapers are in the growth to maturity stage, dollar sales in 1985 are expected to be about $3 billion and growth rates are expected to be about 14 percent. Although 14 percent is good, it is not great considering growth rates were higher in previous years. Cost Structure of the Industry Competition of TenderCare is not afraid to spend money. Pampers spent $500 million in 1982 to produce a new product. Procter and Gamble spent $40 million to advertise their two products in 1984, in the same year Kimberley Clark spent $19 million. Although these two companies have been spending money on production and marketing, TenderCare diapers are priced slightly higher than these three leading brands. Skills of the Firm TenderCare diapers keep moisture further away form the surface (baby’s skin) than other diapers. Also, TenderCare diapers are no... Free Essays on Disposable Diapers Free Essays on Disposable Diapers Nature of Demand The end users of TenderCare are those parenting a child. More specifically, women 18 – 49 with children below the age of three are the primary target market for TenderCare and their competitors. Extent of Demand It is estimated that there are 9 million households with 11 million children that consume diapers. The average use per household is estimated to be 5 per day. Foreign markets are creating more of a demand for disposable diapers. Canada for example is expected to have a 20 percent growth rate until the year 1990; the UK has doubled its market and is continuing to do so. Within the United States market, growth rates are slowing and this will mean stronger competition. Nature of Competition Competition is intense, â€Å"Procter and Gamble, and Kimberley Clark accounted for about 80 percent of the market from 1984 to 1985.† Procter and Gamble is the strongest competition for TenderCare with their two brands, Pampers and Loves. There are also followers in the market accounting for about 24 percent of market share. Stage of Product Lifecycle TenderCare diapers are in the growth to maturity stage, dollar sales in 1985 are expected to be about $3 billion and growth rates are expected to be about 14 percent. Although 14 percent is good, it is not great considering growth rates were higher in previous years. Cost Structure of the Industry Competition of TenderCare is not afraid to spend money. Pampers spent $500 million in 1982 to produce a new product. Procter and Gamble spent $40 million to advertise their two products in 1984, in the same year Kimberley Clark spent $19 million. Although these two companies have been spending money on production and marketing, TenderCare diapers are priced slightly higher than these three leading brands. Skills of the Firm TenderCare diapers keep moisture further away form the surface (baby’s skin) than other diapers. Also, TenderCare diapers are no...

Applications of Artificial Intelligence and Associated Technologies

The AI or Artificial Intelligence is one of the significant and highly ambitious approaches in the field of science and technology since last six months ("Top 9 ethical issues in artificial intelligence", 2017). The risks associated with AI have been needed to be considered noticing its outstanding reach and capability. In this study the rise in queries about AI regarding the ethics are answered. They are put into the DET or â€Å"Doing Ethics Technique† format with proper analysis. 1. Various tools have been utilized by ICT, for human thinking. These have been capable to amplify the human brainpower. The power possesses a distant impact on human society. This is because it could manage different human operations. Thus smart machines and gadgets are given birth that is made â€Å"artificially intelligent† ("How Powerful AI Technology Can Lead to Unforeseen Disasters", 2017). The basic building phenomenon of these types of machines lies on uninterrupted interaction among various objects. Since AI has been intruding everyday life of human beings, arguments has been rising about the benefits and potential risks. There have been various non-ethical issues that has originated. The first problem is about the inequality. There has been a requirement to measure the way in which AI could distribute wealth. There has been a problem about the safeguarding process as AI does any blunder. This scenario is referred to as the â€Å"artificial stupidity†. The AI biases should also be eradicated. Hence methods should be found out regarding this. The AI exerts requirements to keep it protected from adversaries. The approach to secure AI from the outcomes that were not desired is another non-ethical area to think. 4. The suffering mitigation has created various obstacles regarding the ethics in AI. Other problems have risen about the risks of the negative consequences. All these impacts has imposed effects on everybody’d life in overall. The AI has indulging the privacy rights of individuals. It has got the freedom in accessing data. Many jobs at present are been getting overthrown by AI due to its rise. This has affected the â€Å"bread-and-butter† of many doctors, accountants and lawyers. Reallocation of jobs is found by the low-skilled workers that has no acceptance by computerization (Strong, 2016). The â€Å"data expertise† has become more significant in exponential manner. Various companies are imposing cyber securities in their defence sectors and areas that need the intelligence priorities. The AI has been expected to deliver opportunities throughout the world on technological parities. Further AI would also be seen to create contents as its primary concern (Nilss on, 2014). 5. Thus it was seen that the AI would be capturing the professions of people. For example let the self-driving trucks be considered. This has the capability to choose the methods to decrease the accident risks more efficiently. Conversation and relationship of human beings could be modelled better through the AI bots. The attention and kindness delivered by the human beings is been limited by the experience they have gathered throughout the life. Infinite resources could be channelled by the AI bots to build relationships virtually. The human beings are staying at the zenith of the food-chain because of its ingenuity and intelligence (Luxton, Anderson & Anderson, 2015). As the similar benefits are been provided by AI, the traditions of human civilization has been facing shattering. This instance is identified as the â€Å"singularity† when the human species would fall short of the entitlement that they are the most intelligent animal on this earth. The secrets underpinning to the conscious experience has been a serious area for research for the neuroscientists. The humans only make sense of the primary ground to get aversion and rewards (Eran Abramson, 2017). Thus an inferiority complex has been originating in the mind of humans as the AI is been seen to surpass them different fields. 6. To make sense of the world by AI, appropriate approaches of ethics are to be imposed as principles. There have been many school thoughts. These ideologies differ in answering and formulating the fundamental queries. The â€Å"Normative† determination of the ethics tries to resolve the expected behaviour of human beings (LaFollette, 2014). This has been depending on the â€Å"Descriptive† logistics to a wide extent. The descriptive arguments have been important like the normative principles. The researchers and the designers must impose AI in such a way that it could acquire the ability to describe different scenarios regarding ethics. Further it should perform the rendering of judgements. 7. In order to compromise with the problems 3 important orientations are been required to be endorse for AI. There have been the â€Å"Utilitarianism† or â€Å"Consequentialism†, â€Å"Virtue Ethics† and â€Å"Deontological Ethics† (Burton et al., 2017). The machines designed with AI perform various tasks in the real world. It can work as software agents and perform decision making very quickly. It maintains large provender of finance in everyday life. However, there has been rise in concern about its empathies and judging of ethical conflicts. The problems are sought by different online researches.   In the field of ICT or â€Å"Information and communication technology†, AI has been a subject of debate for the rising ethical dilemmas. The livelihood of humans under the management of this complex intelligent system is proved to an important ethical issue. The theory of utilitarianism could be further adopted for representing upgraded preferences in different levels of affairs. Burton, E., Goldsmith, J., Koenig, S., Kuipers, B., Mattei, N., & Walsh, T. (2017). Ethical Considerations in Artificial Intelligence Courses.  arXiv preprint arXiv:1701.07769 Cohen, P. R., & Feigenbaum, E. A. (Eds.). (2016).  The handbook of artificial intelligence  (Vol. 3). Butterworth-Heinemann. Eran Abramson, K. (2017). Ethical dilemmas in the age of AI. VentureBeat. Retrieved 3 May 2017, from https://venturebeat.com/2016/12/15/ethical-dilemmas-in-the-age-of-ai/ Ethical Issues In Advanced Artificial Intelligence. (2017). Nickbostrom.com. Retrieved 3 May 2017, from https://www.nickbostrom.com/ethics/ai.html How Powerful AI Technology Can Lead to Unforeseen Disasters. (2017). Fortune.com. Retrieved 17 March 2017, from https://fortune.com/2017/02/06/artificial-intelligence-ethics-disasters/ Luxton, D. D., Anderson, S. L., & Anderson, M. (2015). Ethical Issues and Artificial Intelligence Technologies in Behavioral and Mental Health Care.  Artificial Intelligence in Behavioral and Mental Health Care, 255. Nilsson, N. J. (2014).  Principles of artificial intelligence. Morgan Kaufmann. Pistono, F., & Yampolskiy, R. V. (2016). Unethical Research: How to Create a Malevolent Artificial Intelligence.  arXiv preprint arXiv:1605.02817. Strong, A. I. (2016). Applications of Artificial Intelligence & Associated Technologies.  Science [ETEBMS-2016],  5, 6. Top 9 ethical issues in artificial intelligence. (2017). World Economic Forum. Retrieved 17 March 2017, from https://www.weforum.org/agenda/2016/10/top-10-ethical-issues-in-artificial-intelligence/

Virtual Community Essay Example | Topics and Well Written Essays - 500 words

Virtual Community - Essay Example Phish fans wanted to be a part of Phish.net. They wished to share, listen, and receive information about the band. But, they also wanted to be connected to a larger "community" of people representing the ideas characterized by the band. Phish.net members established "norms to direct behavior in the larger Phish fan community" that carried beyond virtual boundaries into actual venues (Watson 112). Phish.net was able to "prove to record industry executives that as a group they were worth listening to because of the collectivity's large size and tight coherence" (Watson 127). c) Virtual communities have louder voices, are more capable of assigning principles, and are better equipped to influence change. But, there are also potential negative consequences associated with online communications. Online communities can become so large that they alienate the standards and ideas upon which they were originally founded. They require no commitment and little accountability. And, there is a general lack of the intimacy that binds off-line communities.

Morocco Recent News Reports Article Example | Topics and Well Written Essays - 1000 words

Morocco Recent News Reports - Article Example The people of Morocco walked the streets to protest and fight against the unjust actions and came up with the â€Å"Movement for Change.† Moreover, Morocco has in recent times required to deal with a number of issues regarding human rights (Arieff 5-8). The Kingdom of Morocco in the recent years has witnessed a huge political unrest due to several issues related to tourism, visits of the officials to and fro countries and the industry related issues (Thussu 30-125). The issues, situations and development of Morocco can be evaluated through describing few of the events that took place in the recent times. These events would state the reasons for the unrest, disturbance caused and its effect on the economy and cultural heritage. Besides, few events showed effect on the economy and on the finances of Morocco. The stand of the government and its positive attitude are also determined through the recent events. The first event evaluated is with regard to the tourism industry. In the year 2013, the government saw an increase in the number of tourists in Morocco but the revenue generated was less. In accordance with derived statistics 2013 saw 10.5 million tourists, which is nearly 7% increase in the number of tourists. It has been ascertained that the non-residents did not spend much funds in Morocco during their trip. The fund accumulated from the tourists contributed to 0.5 per cent in the economy. Such event affects the economy and lifestyle of the people of Morocco. Tourism is the second largest contributor to the economy and provides employment to approximately 500,000 people. The lack of funds generated from the tourists would create a negative impact on the growth of Morocco and lead to the increase in the unemployment rate. The government in order to earn high revenues from the tourism sector would levy tax on the flights which are out of the country. This event related to tourism i s affecting

Comparison of Cousin Kate and The Seduction Essay Example for Free

Comparison of Cousin Kate and The Seduction Essay After she has taken the decision about what to do about the lord, she hints that she regrets her relationship with the lord by asking questions. The girl in The Seduction also admits that she regrets her fling with the boy by asking questions, the tenth, eleventh and twelfth stanzas are all asking questions for example how did she feel betrayed? . Both of the poems make the reader feel sorry for the girls featured in them. The Seduction makes you feel sorry for the girl by using phrases such as and he muttered little slag and she sobbed in the cool locked, darkness of her room. From these phrases you learn that the girl is unaware of what the boy is really thinking about her. She also seems to be unaware that she could get pregnant. Cousin Kate makes you feel sorry for the maid by using phrases such as Not mindful I was fair and now I moan an unclean thing that might have been a dove. These phrases tell the reader that she was innocent and unaware of the consequences when she met the lord. I feel more sorry for the maid in Cousin Kate than the girl in The Seduction. This is because I feel that although the girl in The Seduction knew what she was doing was wrong, she did it anyway. She didnt have to have sex with him and although she liked him and it appeared that he liked her she should have known better. I feel more sorry for the maid because she says O cousin Kate my love was true, your love was writ in sand. She truly loved the lord, more than she believes Kate does. The maid also seems innocent. Another reason I feel sorry for the maid is even when she was with the lord, they didnt have a proper relationship, he didnt treat her very well. She felt like his plaything. She didnt mean anything to him. In The Seduction the atmosphere is conveyed well. In the beginning of the poem there is a sense that something will go wrong. Descriptive phrases such as the quiet bricks, far past the silver stream of traffic and far from the blind windows are a sign that things do not all go well. The adjectives are used to show that no one will be around to see whats going on. Another sign that something is going to go wrong is that the poem keeps reminding the reader that the girl is very drunk. We are twice reminded about the number of drinks shes had, these are he handed her the vodka and she knocked it back like water and as he bought her more drinks. The poem says she sat her head rolling forward. This shows that the girl is not in control of what she is doing. The imagery used in the poem is not very positive. The girl is said to be facing the frightening scum on the water. The use of frightening scum gives a very unpleasant image of the water. In the beginning of the poem the scum she faces is only on the top of that water, in the later stages of the poem, she feels the scum facing her is the rest of her life. The Mersey, green as a septic wound is also a negative simile. It gives a bad image of the setting, which gives an image of bad things to come. After the girl has discovered she is pregnant, the atmosphere is very powerful. Using strong verbs such as ripped and flung, cheated, creates this. At the end of the poem the girl is very depressed. She says: Better to starve yourself like a sick precocious child- Than to walk through town with a belly huge and ripe. We anticipate what will happen in the future. The atmosphere also changed in Cousin Kate. In the beginning of the poem the atmosphere is good. The maids says contented with my cottage mates which tells me that she is happy with her life before she met the lord. After this point she becomes angry and depressed. This is because the lord has left her for Kate. She becomes enraged and jealous. I believe that The Seduction is aimed at a younger audience than Cousin Kate. The Seduction uses much simpler language, although this could be because The Seduction was written much later. Both poems warn about pregnancy but The Seduction is easier to understand for people my age. I found The Seduction easier to understand and relate to because the language is more modern. In Cousin Kate the maid says the neighbours call you good and pure, call me an outcast thing. In The Seduction it says: And better now, to turn away, move away, fade away, Than to have the neighbours whisper that you always looked the type. In both examples the girls are worried about what other people (the neighbours) think of them. The mood of both poems is quite angry. In Cousin Kate, the mood changes from excitement to anger and jealousy. The maid is excited because about her future with the lord and their relationship. She is then angry about the lord leaving her to be with Kate. She is jealous of Kate because she took the lord away from her. However, the maid also feels quite proud because she has a son and Kate does not, she is smug. In The Seduction the mood also changes from excitement to anger. She too is excited about her relationship with the man. She is angry because the man left her, instead of feeling proud or smug at the end of the poem, she is depressed. The tones of the two poems are very different. In Cousin Kate, the writer (Rosetti) seems to be very sympathetic to the maid. She says that the maid has sex with the lord because she loves him and does not criticize her behaviour or suggest that she has done anything wrong by doing this. The tone of The Seduction however, does seem to criticize the girl. The writer (McAuley) seems to criticise the girls behaviour, she makes out that the girl deserves what happens. The phrase and he muttered little slag suggests this. I have found The Seduction easier to understand, mainly because the language is simpler and the images described are more modern. However I prefer the imagery used in Cousin Kate because I feel it is more original and interesting. I prefer phrases such as his plaything and his love and he wore me like a silken knot to his eyes as blue as iodine and green as a septic wound. On the other hand, I think the symbolism used in The Seduction is very effective, i. e. the confetti and the high white shoes. I feel that the main reason I prefer The Seduction is its easier to relate to for my age group. It is very hard to imagine what it would be like to be singled out by a great lord and then to be left for her cousin and having the lords baby on the way. I find it much easier to relate to The Seduction as I can understand how it must feel to have a one night stand and then become pregnant. 1 Show preview only The above preview is unformatted text This student written piece of work is one of many that can be found in our GCSE JRR Tolkien section.

Montgomery, Copley and Associates’ Leadership Model (Case 10.3) Essay

Betty Ford entered the role of First Lady in 1978 and quickly built a reputation based on openness and honesty. Her public persona was supported in large part by a transparent approach to her individual beliefs and personal circumstances. During her time in the White House, Mrs. Ford actively lobbied for the passage of the Equal Rights Amendment and worked to raise breast cancer awareness after being diagnosed with the disease within the first month of taking on her new role. A year after President Ford exited the White House, Mrs. Ford began a public battle against a 14 year addiction to painkillers which were used to ease the pain from arthritis as well as a pinched nerve and chronic neck spasms. While in a rehabilitation program at the Long Beach Naval Hospital, Mrs. Ford openly acknowledged and confronted a secondary addiction to alcohol. In 1982, Mrs. Ford opened the Betty Ford Center in an effort to assist addicts much like her self and their families in the recovery process. F urther activism related to addiction recovery earned Mrs. Ford the Presidential Medal of Freedom and the Congressional Medal of Honor. This paper will discuss Mrs. Ford’s leadership position in the public eye and will provide an analysis of her chosen leadership style in relation to Montgomery, Copley and Associates’ Leadership Model. The paper will then identify a personal leadership experience in which I utilized elements of the Leadership Model to reach a positive outcome in a major life decision. Leadership Model Montgomery, Copley and Associates’ Leadership Model (see appendix) represents a leadership style that is centered on leading with heart. In this regard, at the core of the decision making process are the ethical principles, moral philos... ... on internal and external inspirations such as those depicted in Montgomery, Copley and Associates’ Leadership Model, they are able to make a difference in staff and the organization alike. Moreover, much like Mrs. Ford, they are able to develop a leadership approach which resonates with followers and contributes to their success. Works Cited Bandsuch, M., Pate, L., & Thies, J. (2008). Building stakeholder trust in business: An examination of principle-centered leadership and organizational transparency in corporate governance. Business and Society Review, 113(1), 99-127. Higgs, M., & Rowland, D. (2010). Emperors with clothes on: The role of self-awareness in developing effective change leadership. Journal of Change Management, 10(4), 369-385. Northouse, P. G. (2010). Leadership theory and practice (5th ed.). Thousand Oaks, CA: SAGE Publications, Inc.

African Literature Essay

African literature is highly diversified, even though it shows some similarities. In fact, the common denominator of the cultures of the African continent is undoubtedly the oral tradition. Writing on black Africa started in the middle Ages with the introduction of the Arabic language and later, in the nineteenth century with introduction of the Latin alphabet. Since 1934, with the birth of the â€Å"Negritude,† African authors began to write in French or in English. Since the 1960’s quantitative and qualitative changes could be observed in the field of publication in  both Francophone and Anglophone states. The main objective of the present work is to give an overview of the origin and the role of griots in the African society, the different components of the oral tradition, and the major trends in the development of African literature. The study of the Negritude movement encompasses the historical context, the definition of the concept and its principal authors, ideological contradictions, the left wing of the Negritude, and the â€Å"Theory of the African Personality† in Anglophone countries. The monograph  provides as well current trends in the African literature after 1960 and the response of a panel of African authors. African literature, the body of traditional oral and written literatures in Afro-Asiatic and African languages together with works written by Africans in European languages. Traditional written literature, which is limited to a smaller geographic area than is oral literature, is most characteristic of those sub-Saharan cultures that have participated in the cultures of the Mediterranean. In particular, there are written literatures in both Hausa and Arabic, created  by the scholars of what is now northern Nigeria, and the Somali people have produced a traditional written LITERATURE. THERE ARE ALSO WORKS WRITTEN IN GE EZ? (Ethiopic) and Amharic, two of the languages of Ethiopia, which is the one part of Africa where Christianity has been practiced long enough to be considered traditional. Works written in European languages date primarily from the 20th century onward. The literature of South Africa in English and Afrikaans is also covered in a separate article, South African literature. African literature, literary works of the African  continent. African literature consists of a body of work in different languages and various genres, ranging from oral literature to literature written in colonial languages (French, Portuguese, and English). Love Song Flavien Ranaivo Don’t love me, my sweet, like your shadow for shadows fade at evening and I want to keep you right up to cockcrow; nor like pepper which makes the belly hot for then I couldn’t take you when I’m hungry; nor like a pillow for we’d be together in the hours of sleep but scarcely meet by day; nor like rice  for once swallowed you think no more of it; nor like soft speeches for they quickly vanish; nor like honey, sweet indeed but too common. Love me like a beautiful dream, your life in the night, my hope in the day; like a piece of money, ever with me on earth, and for the great journey a faithful comrade; like a calabash, intact, for drawing water; in pieces, bridges for my guitar. Flavien Ranaivo (1914-1999) was a lyric poet influenced by Malagasy ballad and song form. He published three volumes of verse. He is one of the poets included in Africa! My Africa!

John Smith’s Account of the Founding of Jamestown in 1607

The colony at Jamestown, the colonies at Plymouth, and the colony at Boston had different nature, goals, successes and failures. There was a cross of similarities and differences. One thing that remains obvious is each was looking for something that was lacking in their home land. There was a perception and a picture that each group had when they left their homelands. Arrival in the new would prove to be an alternate reality from that which was envisioned. The new reality still provided a challenge for each settlement. This was to be a new start.This was an opportunity to establish something new. That would be a chance to be a part of something great. The New World offered opportunities to have success on a different level. Jamestown was a joint venture. People joined their financed together to create a business organization called a stock company. Like any other business the ultimate goal was to produce a profit. The initial settlers basically worked for the benefit of the joint sto ck company. They would not be completely free to make their own rules and regulations.There were specific rules even on the voyage of the rationing of the food. The Settlement of Jamestown shows s the initial days of Jamestown from the point of view of Captain John Smith. The very first impression of the New World gave foreshadowing of some of the doom and gloom in store for the travelers. As soon as they arrived on the shore they were attacked by travelers. That night a box was opened to give orders of how they were to organize and govern themselves according to the joint stock company.John Smith goes on to give an account of internal jealousy, trust, and greed issues of the group. That was compounded with the external sickness, disease, and multiple attacks by the savages that often resulted in death. He personally was on the verge of being killed when he was saved. Even the settlement was on the verge of dying out when God intervened and changed the hearts of the savages. This re sulted in the savages helping them. Captain John Smith acknowledges God’s hand in the survival of Jamestown.The settlement at Plymouth goes a little farther in establishing that God is one of the main reasons for the colony. Pilgrims were looking for religious liberty and anew way of life for their families. They were not crusaders out to change the world or gather riches. They were â€Å"humble English farmers† (Brands et al, 2009, p 42). Their first sight of land proved to be a joyous occasion. It was important and natural for them to give God praise for a successful voyage. The Pilgrims governing structure came from the self created Mayflower Compact.It was democratic in nature. They were in agreement from the beginning of the voyage that there was to be no overseas ruler. They each had their freedom. The Pilgrims contact with the savages was less confrontational than that of Jamestown. The savages tended to run as opposed to attacking the settlers. The Pilgrims had similar results in dealing with the sickness and diseases of the New World. John Winthrop and the Puritans had very ambitious ideas when they established the Boston colony. They had visions to what amounts to a utopian society.The goals were to show what Christian society could and should be. In A Model of Christian Charity, John Winthrop writes about what he envisioned as he traveled on the Arbella on his way to the New Word. Their life was to be based on scripture. The answer to how to deal with all situations would come from the Bible. Two of their main principles would be justice and mercy. How to deal with the rich and poor, friend and enemies and forgiveness would be very important in their settlement. The law would be based on God’s laws.Success would be determined by how people lived. They did not have to deal with the same level of sickness and diseases as Jamestown and Plymouth. If you asked the Puritans they would probably tell you that it is a direct result of th eir lifestyle and God’s presence. Captain John smith’s article seemed to present a dark mood as he described what he had to go through. He did not seem to have a very favorable outlook toward his fellow man. He mentions the good, bad and very ugly side of what man is capable of.The Puritans contrastingly, focused on the potential greatness of mankind. The Pilgrims were somewhere in the middle. Each article gave praises to God. God and religion played an important role in each colony.Bibliography Bradford, William. (1650). History of Plymouth Plantation. Brands, HWA, Breen, THH, Williams, R. Hal and Gross, A. J. (2009) American Stories: A History of the United States. Upper Saddle River, New Jersey. Smith, John. (1604). The Settlement of Jamestown. Winthrop, John. (1630). A Model of Christian Charity.

7 Most Common Mistakes on ACT Math How to Avoid Them

7 Most Common Mistakes on ACT Math How to Avoid Them SAT / ACT Prep Online Guides and Tips I've tutored many students on the ACT Math section, and they often found it frustrating. Some struggled because they considered themselves better English students and felt overwhelmed by the content and pacing of ACT Math. Others found that even though they considered themselves strong math students, they had a hard time getting the score they wanted in the ACT Math section. But allthese students typically madethe same types of mistakes. In this article, I’ll go over the seven most common mistakes students make on the ACT Math section and how to avoid them. Mistake #1: Skipping Steps ACT Math questions can be very sneaky.Problems can appear at first glance deceptively easy because they only require you to know basic math topics. However, the ACT questions ask for you to apply this basic knowledge in unique ways and often require you to run through several steps to get to the correct answer.If you don’t write out these steps, you can easilyend up with the wrong answer. For example, check out this ACT Math question: I’m going to admit that the first time I attempted this I got it wrong because I did not write down my steps!Hopefully, you’ll learn from my mistake.Together, we will write out the steps and get to the correct answer. There are 4 questions with 3 possible answers, and only 1 of the 3 answer choices will be correct. Therefore, for each question, Elliott has a ${1}/{3}$ chance of answering correctly.Since there are 4 questions, Elliot’s chances of answering all 4 correctly at random are$({1}/{3})({1}/{3})({1}/{3})({1}/{3})$which equals ${1}/{81}$, so the correct answer is E. Initially, I tried to do this problem in my head without writing any steps down. Because I didn't write anythingdown, Imistakenly thought there were four possible answer choices for each question instead of three. Therefore, I got the wrong answer, ${1}/{256}$. Thankfully, my answer wasn't one of the answer choices, so I caught my mistake, but I would have missed the questionotherwise. Don’t miss problems because you didn’t write out all of the steps.This is arguably the easiest mistake to fix.All you need to do is write out all your steps, and you’ll never accidentally miss a problem because you skipped a step!Learn from my silly mistake! Mistake #2: Forgetting Formulas The ACT doesn’t give you any formulas.However, you’ll need to use a lot of formulas to answer questions in the ACT Math section.You need to know these math formulas to answer the questions correctly.We’ve compiled a complete list of all the formulas you need to know for ACT Math. You need to memorize these formulas.Create flashcards to help you memorize.I cannot stress enough how important memorizing formulas is.You’ll see at least 10 questions (out of 60) on the ACT Math section that you will not be able to answer without knowing formulas. Check out this ACT Math question that you couldn’t answer without knowing the formula: If you didn't have yourtrigonometry formulas memorized (SOHCAHTOA), you would have no idea how to answer this question. It's impossible to answer this question without knowing the formula for the tangent of an angle since that is the value you're trying to find. If you remember your trigonometry formulas, you know that the tangent of an angle is the opposite/adjacent.For this question, you need to find the tangent of angle B.The adjacent side for angle B is 2, which means it is our denominator.This means we can eliminate answer choices H, J, and K. However, you cannot find the final answer without also knowing the formula for thePythagorean Theorem.You need to know the Pythagorean Theorem in order to find the measureof the missing side of the triangle, the opposite side to angle B. Using the Pythagorean Theorem, you can find this missing side measure. $$a^2+b^2=c^2$$ $$a^2+2^2=5^2$$ $$a^2+4=25$$ $$a^2=21$$ $$a=√{21}$$ The opposite side will be $√{21}$, and we know that our adjacent side is 2. The final answer is F, ${√{21}}/{2}$. Mistake #3: Not UnderstandingFunctions Functions tend to be one of the hardest concepts, if not the hardest concept, for most students. Students are usually less familiar with algebraic and/or trigonometric functions than they are with other math concepts such as fractions and percentages. Some students have completely forgotten functions or never learned them in the first place. To master the ACT math section, you need to be a whiz at functions. See this ACT Math function question: To answer this question, you need to know the rules of trigonometric functions andtranslations. You will not be able to answer this question without knowing these rules. You first need to use your knowledge of trigonometric functions to read the graph, and then, you need to apply your knowledge of translations rules to find the final answer. First, you need to be able to identify which function is $sin(x)$ and which is$sin(x+a)+b$ on the graph since they're not identified for you.If you know your trigonometric functions, you know that the y-intercept of$sin(x)$ is 0, meaning the graph of$sin(x)$ crosses through the origin. Therefore, the other functionmust be$sin(x+a)+b$. Once you've correctly identified which function is which, you need to figure out how$y=sin(x)$ was changed to make$y=sin(x+a)+b$, which is where your translation knowledge comes in. Based on the given information in the question, you know the two have the same maximum values, meaning the amplitude was not changed.By looking at the graph you can tell$y=sin(x)$ was shiftedto the left or right to make$y=sin(x+a)+b$, but it was not moved up or down. Since there was no up or down movement, b must equal zero since any change in b would cause$y=sin(x)$ to move up or down. Therefore, the answer must be A, but let's check by figuring out what a should be. Because$y=sin(x)$ repeats itself infinitely, you can shift it either to the left or right to create the new function$y=sin(x+a)+0$.Therefore, $a$ could be positive or negative (for example, ${-3Ï€}/{2}$ or ${Ï€}/{2}$, but it could not equal zero, so A is the correct answer. If you've forgotten functions, then you need to review. You must review all math concepts that you’re rusty on in order to succeed on ACT Math.Lucky for you, we’ve written specific ACT Math content guides to help you study any individual ACT Math content area that you might be struggling with, fromtrigonometric functions totranslations,ratios to rotations, points to probabilities and much more. Mistake #4:Panicking at Unfamiliar Question Formats The ACT sometimes asks questions in strange ways, which can scare a lot of students. I had many students who, even though they'd reviewed all of the math content areas, wouldread the question and rather than trying to figure it out would just freak out and give up. The question below is one that presents an unfamiliar question format. You’ll likely recognize it as an algebra question, and if you were asked to find the solutions forx (had you been given numerical values of m and n), you’d likely know how to answer that question.However, instead, this question tells you the valueof x and asks you to figure out what m and n are. Let’s work through this problem together: If the only possible solution for x is -3, that means the given equation can also be represented as $(x-y)^2=0$.We need to figure out what y is in order to find out what m and n are. If $(x-y)^2=0$, then you can separate it into $(x-y)(x-y)=0$.For this to be true, x-y has to equal 0. $$x-y=0$$ The question told us that the only solution for x is -3, so we plug that in and solve: $$-3-y=0$$ $$-y=3$$ $$y=-3$$ Now that we know the value of y, we plug it back into $(x-y)^2=0$ and then multiply and simplify to figure out what m and n are: $$(x-(-3))^2=0$$ $$(x+3)^2=0$$ $$(x+3)(x+3)=0$$ $$x^2+3x+3x+9=0$$ $$x^2+6x+9=0$$ Therefore, $m=6$, so the answer is C. There is no easy solution to this type of mistake.The only way to learn from this mistake is with practice.ACT Math questions are unlike the math questions you usually see in math class. They are much trickier. I recommend taking as many practice ACT testsas you can in order to get used to the style of ACT math questions.You need to train yourself to be able to solve math questions in this new way. Mistake #5: Solving for the Wrong Value As I just said, ACT Math questions can be tricky.They are tricky not only because they ask you to apply basic skills in new ways but also because they sometimes phrase questions in weird, convoluted ways. Althoughthe ACT is often called the more straightforward test in comparison to the SAT (or at least in comparison to the old SAT),some ACT Math questions are far from straightforward.Take for example this question: The question is basically asking how the surface area will change if you double the length, width and height.However, if you misread the question, you could easilyjump to the incorrect conclusion that the surface area was doubled, and the answer is A. Given the formula for surface area, $A=2lw+2lh+2wh$, if we double $l$, $w$, $h$, the new surface area would be $$SA=2(2l)(2w)+2(2l)(2h)+2(2w)(2h)$$ $$SA=2(4lw)+2(4lh)+2(4h)$$ That can be written as $$SA=4(2lw+2lh+2wh)$$ When that is compared to the original $SA=2lw+2lh+2wh$, you can see it’s 4 times the original, so the answer is B. Take your time.I know you don’t have a lot of time on the ACT Math section, but you need to read each question completely and make sure that you know what you’re being asked.The ACT Math section will always throw you an answer choice that will seem correct if you misread the question.They are trying to tempt you to answer incorrectly.Don’t fall for it! Mistake #6: Incorrectly Using Your Calculator You need to be careful with your calculator.It’s a great tool, but to quote the Spiderman comics, â€Å"With great power comes great responsibility.†It’s very easy to feel rushed during the ACT Math questions, and, in your hurry to find the answer, you type the wrong number(s) into your calculator and, therefore, come to the wrong answer. Now, this is typically one of the better mistakes to make on this list because if you type in the wrong number(s) you’ll likely find no matching answer in the ACT answer choices, and you’ll realize you made a mistake. However, you don’t want to be making this mistake.Even if you catch your mistake because there is no matching answer choice, you’ve still cost yourself valuable time that you could have been using to answer another question.Take the time to check that you’ve copied the numbers into your calculator correctly. Type carefully! Mistake #7: Not Pacing Yourself With only 60 minutes to answer 60 questions, you need to learn to pace yourself. To determineyour pacing, you need to first figure out your target score. The questions progress from easy to hard, so no matter what score you're aiming for always attempt the questions chronologically. If you're aiming for a score higher than 30, then you're going to need to answer all or almost all of the 60 questions. That means you must spend under 1 minute per question on the first 30 questions to save time for the harder end questions. If you're aiming for a score below 30, then you can afford to skip some questions. Determine how many questions you need to answer to reach your score and then pace according to that amount of questions. For example, if you're aiming for 20, then you only need to get 32 math questions right. You can allow yourself a minute and a half per question, and you should attempt the first 40-45 questions and skip the hardest ones at the end. Simply choose a random letter and bubble that in for the ones you skip, since there is no penalty for guessing. I won’t go into detail because we have another great guide on how to stop running out of time on ACT Math and how to take advantage of the easy to hard question order. However, I will say to truly master the pacing you need to take many practice tests under realistic conditions.Don’t give yourself even one extra minute on your practice tests because this can artificially inflate your score. Stick to 60 minutes for the ACT Math section. What’s Next? Now that you know the most common mistakes on ACT Math, you might want to take a look at our specific ACT Math content guides to help you study any individual ACT Math content area that you might be struggling with, from ratios to rotations, points to probabilities. Stuck on an ACT Math problem? We'll show you how to figure out when you're really stuck and what to do about it. Want additional help with ACT Math? Don’t sweat it. We've compiled all ourbest free ACT Math guides into one ultimate ACT math study guide. Want to improve your ACT score by 4 points? Check out our best-in-class online ACT prep program. We guarantee your money back if you don't improve your ACT score by 4 points or more. Our program is entirely online, and it customizes what you study to your strengths and weaknesses. If you liked this Math lesson, you'll love our program.Along with more detailed lessons, you'll get thousands ofpractice problems organized by individual skills so you learn most effectively. 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Treatment of women in Christianity, Islam, and Judaism Essay

Treatment of women in Christianity, Islam, and Judaism - Essay Example In regards to veiling, they had to double their veil prior to leaving their houses. Reviewing the first Creation story (Genesis 1:27) the description of GOD is that of creating both man and women concurrently: "So God created man in his own image, in the image of God created he him; male and female created he them." The usual manner this was interpreted was the insinuation of equality between the two .Reviewing the second creation story , (Genesis 2:7)All men were formed only by God : "...the LORD God formed man of the dust of the ground, and breathed into his nostrils the breath of life; and man became a living soul. God realized there was the need of a collaborator (Genesis 2:18), thus then God marched all of the flora and fauna past Adam (Genesis 2:19-20) looking for an appropriate creature. One of those, God found appropriate, Eve was then created by God out of the ribs of Adam. . The term "collaborator" has traditionally been interpreted as implying a mediocre role for Eve, although some modern interpreters believe that the word can mean a companion of equal status. "...the Hebrew word translated "helper" is used twenty-one times in the Old Testament: twenty of these cases refer to help from a superior." (3) In Genesis 2:27, Adam later asserts his authority over Eve by naming her: "...she shall be called Woman, because she was taken out of Man. "these were the ancient times in which it was believed that one individual could exercise authority over the other by mere naming it.' (Robinson, 1) 'WOMEN IN THE NEW TESTAMENT'S EPISTLES There are four gospels in total in the New Testament of the Christian scriptures. - The other 45 or so were the Gospels that never became part of the official catalog - which dealt first and foremost with the life and living of Jesus. There were hundreds of letters remaining which were eventually in circulation at the time of the early Christian movement. These letters were basically meant to deal with the development of Christianity after the death sentence of the Christ. In particular some of the letters written by Paul were the ones that made it to the New Testament .The concluding epistles enclosed two commonly elite practices: First was the promotion of the message of Christ, which was revolutionary. These contained the vitality of the issues of treating men, women prostitutes and tax collectors equally. Second was the rejection of Christ's message. They further contained restrictions and limitations upon the roles of women. The women were restored to their previous inferior status, just as in the Old Testament (the Hebrew Scriptures). Biblical references promoting gender equality: John 1:12: All populace, men and women, have the chance to become the offspring of God - in all probability without consideration of their gender, race, sexual orientation,

EU law Essay Example | Topics and Well Written Essays - 1750 words

EU law - Essay Example Although the employer has allowed rest period 10 minutes as permitted in Estate Facilitators Act 1965 as against 15 minutes allowed by the EU Directive 2005/666, the employer has failed to give the facilitator the training on the equipment required both by the Act as well as the Directive. Thus, regardless of the non-transposition of the directive, the employer is bound to give training to the facilitator on equipment as per the Act if not the enhanced rest period under the Directive. Besides the rights available for the estate facilitator under the Health and Safety Regulations and the Employment Rights Act regardless of the EU directive as far as the failure to give training by the private employer, the employee (the facilitator) has the right to make complaints in his individual capacity to the European Commission for failure by the Member State to transpose the directive into the domestic law. European Commission will investigate the complaint and call for explanation from the Member State. If the explanation is not satisfactory, the Commission can order the Member State to comply with the Directive within one month failing which the matter can be referred to the European Court of Justice (ECJ) by the Commission. In the case adverse finding against the State, the ECJ can order the Member State to give compensation to the individual. ECJ’s decision is final and there will be no further appeal.2 Under the EU law, a â€Å"direct effect† action is available for union citizen. Direct effect is a principle under EU law by which Union Citizens can bring action within their own Member State instead of as above whether or not the Member State has transposed the directive into its national law. It can also apply to regulations, treaty provisions and decisions. The ECJ introduced the principle in NV Algemene Transporten Expeditie Onderneming van Gend en Loos v. Nederlan dse Administratie der Belastingen,3 The conditions laid down by the ECJ for warranting a Direct Effect of the â€Å"Primary EU Law† are that the provisions of the directive must be clear and precise, they must be a standalone conditions without being dependant on any other legal provision, and must bestow a specific right based on which the citizen can make a claim. If these are satisfied, it will have the same legal effect as Regulations under the Article of 288 of TFEU. Thus, as established in Flamino Costav ENEL4, EU Law on labour, enjoys supremacy over domestic law rules and claims can be made before national courts overriding the domestic law as also held in Defrenne v Sabena. 5 But this related to an Article 141 of EC now 157 of TFEU and not a directive which may or may not be applicable throughout the European Union. However, in the case of the directive in question, it is not discriminatory and hence applicable to all member states and hence the Estate Facilitator who is a European Citizen can move his national court for the infringement of his rights over the rest period for every three hours of work and training of the lifting equipment once in every six months as provided. This Direct effect can be applied as Horizontal Direct Effect and Vertical Direct Effect depending on whom the right is enforced against. If the entity is the State or its emanation, vertical direct effect will apply. In a vertical direct effect, there is an alignment between the EU law, National Law and the State’s obligation to ensure that its national legislation is in consonance with EU law. This was

Ethics Problem of Class Skipping Term Paper Example | Topics and Well Written Essays - 750 words

Ethics Problem of Class Skipping - Term Paper Example The most obvious violation of an ethical principle that his action violated is the principle of nonmaleficence which posits that one ought not to harm others. My friend is not only harming others (his parents and school administrators who were in good faith to provide him with a good education) but he is also harming himself although he may not realize it yet. He is harming himself in several ways. In the short term, he would be grounded and scolded if his parents will know about his cutting classes. Later, his performance in school will surely be affected and it will not be for long that school administrators will find it out that he had been cutting classes and that could put him in trouble. Ultimately, even if he would be able to get away with the short and not so immediate repercussion of skipping class, he will surely harm himself by denying himself the opportunity to prepare for his future. The second moral problem that my friend created is his lying to his parents and getting allowances using school as a front. I need not cite philosophical basis how being untruthful is incorrect because lying is fundamentally wrong by any moral standards. I told my friend that one way or another, his parents or school administrators will find out about his skipping classes. I also told him that it is not fair to his parents who were under the impression that he was going to school with the money they gave him when in fact, it was otherwise. I also told him that ultimately, he is just harming himself because he was skipping lessons that he was supposed to learn and that will begin a vicious cycle of having difficulty understanding complex lessons in the future. Initially, I was detached to whatever my friend was doing because I already did my part as a friend which is to give him sound advice and it is his life anyway.  

Corporate law Master Case Study Example | Topics and Well Written Essays - 2000 words

Corporate law Master - Case Study Example Thus, from all appearances the corporation is indeed a close one. If it was not stated that the spouses Paul and Mary had registered the company in 1980 with the name Scott Enterprises PTY. Ltd., the first thing that would come to the mind is that the spouses must have formed a partnership instead because the business originally involved only the two of them i.e. the spouses. Most partnerships involve only two business partners (Clifford 2006, p.7). But such is not the case here, although if I were the spouses' adviser at the time they contemplated to form a business entity, I would have suggested a partnership instead because a partnership is simpler and entails no further elaborate requirements to satisfy the requirements of the Corporation Act. Besides, it entails less expenses than incorporating and gives them more leeway and freedom of action than incorporation, which puts one to the reins of government control. If the spouses chose partnership instead, either Paul or Mary can bind the partnership by any legitimate contract in the ordinary course of business of their manufacturing concern. But probably, the spouses had in mind the future of the company. ... ey might be forced to retire from the business due to old age, debility, sickness, incapacity or even worse death to any or both of them (Humphreys 1998, p.6-1). Corporation provides more stability because it affords the right of succession, in which case if any of the above occurs, they can safely ensconce the corporation in the hands of the three children - Suzy, Peter and Sam (Dine 2000, p.101). A corporation ensures continuity and permits transfer of shares of their stocks to the three children if any of the above happens. Perhaps, the spouses want to see the company they laboured hard to put up go a long way and they desire to experience the fruits of their hard work when this company is already in the hands of their children. A corporation just cannot be dissolved voluntarily because it requires a vote of two thirds of the stock and its dissolution can only take place by some judicial or administrative act of the government ( Davis 2000, p.6). 3 The form of corporation can only be a close corporation because all of the corporation's issued stocks are held of record by only 5 persons, with the three children holding each 30% of the shares and the 10% share being retained by the spouses. Although the case is silent about any action to make a public offering of the shares of the corporation or to enlist the corporate shares in any stock exchange, yet the tenor of the case strongly suggest that the spouses never did any of these acts nor have any intention to make one in the future (Moye 2004, p.209). The resolve to keep the business within exclusive family control is so strong we can just surmise that the

Economic Value Added And Shareholder Value Added Accounting Essay

Economic Value Added And Shareholder Value Added Accounting Essay Agrawal (2007) defines shareholder value added (SVA) as the term used for the difference between the wealth held by the shareholders at the end of a given year and the wealth they held the previous year. In other words, SVA is the estimated future cash flows that are discounted to present value to calculate the value of the firm continuously. Measuring the current performance is based on comparing these cash flow estimates and periods real cash flow (Rappaport, 1986). Therefore, SVA represents the economic profits generated by a business above the minimum return required by all providers of capital. Value term is added when the overall net economic cash flow of the business exceeds the economic cost of all the capital employed to produce the operating profit. Hence, SVA integrates financial statements of the business (profit and loss, balance sheet and cash flow) into one meaningful measure. Economic Value Added (EVA) is best explained by Drucker (1998) as, EVA is based upon something we have known for a long time: What we call profits, the money left to service equity, is usually not profit at all. Until a business returns a profit that is greater than its cost of capital, it operates at a loss. In other words, EVA is a measure that tells what has happened to the wealth of shareholders. Accordingly, earning a return greater than the cost of capital increases value of a company, and earning less destroys the value. EVA is calculated as the excess of net operating profit over the cost of capital including cost of equity. EVA is the mostly encountered index of measuring economic profit. It is an index of measuring internal and external performance of companies being introduced by Stern Steward American consulting firm. EVA index is relevant in quantifying the capacity of a company of creating value for capital suppliers; capital cost represents the index of the average efficiency expected by investors under similar risk circumstances. Return on Capital Employed There are many definitions for the return on capital employed (ROCE), but the widely-used definition, as evidenced by the fact that it is the standard measure produced by DATASTREAM and Standard Poors Compustat Service is ROCE equals to EBIT over capital employed. It is measured by comparing the profits made by the firm with the capital used in making the profit and set as a percentage or fraction. Hence, ROCE measures the efficiency of management in the application or use of the organizations funds or resources in a given financial period Value Based Management According to Coca-Colas A Guide to Implementing Value-Based Management, 1997, VBM is defined as a set of principles that allows us to manage value at all levels of our business. Value creation becomes not just our companys mission, it becomes the philosophy we work with daily. It becomes the framework for everything we do. VBM measures are generally based on comparison between (a) corporate market value corporate accounting book value and/or (b) on the residual income measure. VBM provides an integrated management strategy and financial control system designed to mitigate agency conflicts and increase shareholder value. VBM systems attempt to accomplish this goal by providing managers with a set of decision-making tools (metrics) that can identify which alternatives create or destroy value, and often by linking compensation and promotions to shareholder value. VBM provide a mechanism for linking managers decisions to firm performance outcomes that create shareholder value and provide a means to further align shareholder and managerial interests. Blue Ocean Strategy Blue ocean strategy (BOS) is a set of ideas encompassing tools and methodologies to help companies gain a competitive edge by creating uncontested market space or Blue Oceans. It is based on the view that market boundaries and industry structure are not given and can be reconstructed by the actions and beliefs of industry players. W. Chan Kim and Rene Mauborgne, called this as the reconstructionist view. Blue ocean strategies reconstruct market boundaries, thereby freeing companies from head-to-head competition and instead opening new market space to achieve a leap in value for both buyers and for themselves. Identifying a potentially successful strategic move does not require any special capacities, vision or foresight about the future. All new insights come through looking at familiar data from a new perspective. Blue ocean strategy integrates the range of a firms functional and operational activities. In this sense, blue ocean strategy is more than innovation. It is about strategy that embraces the entire system of a companys activities. METHODOLOGIES Shareholder Value Added The SVA methodology is an approach to assist management in the decision making process. Its applications include performance monitoring, capital budgeting, output pricing and market valuation of the entity. SVA = (Present value of cash flow from operations during the forecast period + residual value + marketable securities) Debt. The net of the present value of cash flow and the opportunity cost associated with the firms capital is a measure of the surplus or additional value provided to the shareholders as a result of the firms activities. This formula is expressed in dollar terms for a period Economic Value Added The EVA methodology can be applied to create wealth for the owners of businesses from all levels or size of the firms. It is a performance measurement which directly links strategy to value and is therefore the key to wealth creation. EVA = Net Operating Profit after Taxes (NOPAT) (Capital*WACC) NOPAT is an operating performance measure after taking account of taxation, but before any financing costs. Interest is totally excluded from NOPAT as it appears implicitly in the capital charge. Capital costs include both the cost of debt finance and the cost of equity finance. The cost of these sources of finance is reflected by the return required by the funds provider. This capital cost is referred to as the Weighted Average Cost of Capital Economic Value Added will increase if: New capital is invested and it earns more than the cost of capital. Capital is divested from the business if it does not cover the cost of capital. NOPAT increases without increasing the capital employed. Return on Capital Employed The ROCE methodology indicates how well the management has used the investment made by owners and creditors into the business. It is commonly used as a basis for various managerial decisions. ROCE = EBIT/ (Total Assets Current Liabilities) The ROCE ratio can be found for a number of years so as to find a trend as to whether the profitability of the company is improving or otherwise. Value Based Management VBM methodology provides an integrated framework for making strategic and operating decisions. By aligning internal business processes, strategies, and corporate governance and investor communications, VBM provide a common discipline, a consistent culture, and a singular focus on value for all business activities. There are many ways to measure and implement VBM in the business. Four approaches have been widely used in practice. One is fundamental value analysis (FVA). Two is returns to shareholder (RTS). Three is economic profit. Four is the relationship between the market value of the firms financial instruments and the book value of the firms operating assets (MVA, the q- ratio, and the market-to-book ratio). Planning and control analyses of the structure of income, costs, and investments are also employed in implementing the four approaches. In implementation, each approach to value based management (VBM) starts with strategic planning processes, ties performance to incentive compensation, requires top management involvement, as well as information and training programs for employees. The four approaches to VBM also take into account other stakeholders such as employees, consumers and community. VBM must also evaluate changing economic, cultural, and political environments. The strategic planning process analyzes long term trends, cyclical economic changes, competitive forces, and effective development of managerial capabilities and other resources. Blue Ocean Strategy To create a blue ocean market, there are several frameworks and tools to be applied in the business. First approach is the strategy canvas which is both a diagnostic and an action framework for building a compelling blue ocean strategy. It serves two purposes. First, it captures the current state of play in the known market space. This allows managers to understand where the competition is currently investing; the factors the industry currently competes on in products, service, and delivery; and what customers receive from the existing competitive offerings on the market. Second approach is the Four Actions Framework which is the value innovation analysis. This approach asks four key questions to challenge an industrys strategic logic and business model. The first question forces a company to consider eliminating factors that company in an industry have long competed on. The second question forces a company to determine whether products or services have been over-designed in the race to match and beat the competition. The third question pushes a company to uncover and eliminate the compromises an industry forces customer to make. The fourth question helps a company to discover entirely new sources of value for buyers and to create new demand and shift the strategic pricing of the industry. All the four questions allow a company to systematically explore how it can reconstruct buyer value elements across alternative industries to offer buyers an entirely new experience, while simultaneously keeping its cost structure low. Third approach is the Eliminate-Reduce-Raise-Create Grid. The grid pushes companies not only to ask all four questions in the four actions framework but also to act on all four to create a new value curve. By driving companies to fill in the grid with the actions of eliminating and reducing as well as raising and creating, the grid gives companies four immediate benefits; it pushes them to simultaneously pursue differentiation and low costs to break the value/cost trade-off, immediately flags companies that are focused only on raising and creating and thereby lifting their cost structure and often over-engineering products and service, is easily understood by managers at any level, creating a high level of engagement in its application and because completing the grid is a challenging task, it drives companies to robustly scrutinize every factor the industry competes on, making them discover the range of implicit assumptions they make unconsciously in competing. APPLICATIONS AND PRACTICES BY CORPORATE ENTITIES Shareholder Value Added The use of SVA gives an insight into the investment performance of the business by clearly identifying the opportunity cost of the investment, being the cost of capital, and comparing this to the return generated from the business. SVA can be applied to all the segments within a firm. Accordingly, it is primarily used by managers to evaluate the performance of divisions or branches. Practices AFS Consulting (2004) did a research on SVA performance with the Malaysian Banking Industry. The result shows that Maybank Berhad (MBB) and Hong Leong Bank Berhad (HLBB) emerge as banking institutions that create the best shareholder wealth or value among the local banks. While MBB and HLBB have enormous potential to be the leading domestic bank competing with foreign banks, both banks are still lagging behind in shareholder value creation compared to the incumbent foreign banks, which operate in a highly restrictive and controlled environment. Economic Value Added EVA can be used for the purposes like setting the organizational goals, performance measurement, determining bonuses, communication with shareholders and investors, motivation of managers, capital budgeting, corporate valuation and analyzing equity securities. Practices The study done by Issham Ismail on the performance of GLCs (Government-Linked Companies) and non-GLCs in Malaysia using EVA found that the outcomes of the study indicate a negative relationship between the size of the companies and the EVA values. The larger companies tend to have lower EVA values. In Malaysia, the GLCs are generally larger in size as compared to non-GLCS. Therefore, companies with government as their stakeholders tend to exhibit lower EVA scores than the companies without government stakeholders. It is believed that the Malaysian government prefers investing in public amenities companies to protect public interest, evidenced by their active role in Telekom, POS and TNB. These types of companies do not have higher value than their competitors, where the competitors are usually profit-oriented organization. This outcome further emphasizes that companies that have both the characteristics, large sized and government-linked, tend to have lower EVA values. It also leads to findings that an expansion of size government holding companies tends to increase the cost of capital in greater proportion to the any returns it generates. Return on Capital Employed ROCE is used to prove the value the business gains from its assets and liabilities, a business which owns lots of land but has little profit will have a smaller ROCE to a business which owns little land but makes the same profit. It basically can be used to show how much a business is gaining for its assets, or how much it is losing for its liabilities. Practices Norman Kahl and Jawad Shaikh (2003) analyzed ROCE trends over time for twelve major telecommunication service providers. The sample size represents nearly two-thirds of the US and nearly three-quarters of the Western European telecom services market. The result shows a significant regional difference exist, with ROCE at around 9% in the US and -8% in Europe. The negative European ROCE can only partially be explained by the enormous write-offs made in 2001 and 2002. Other finding is that past and present initiatives of the industry have mainly focused on revenue generation and operational efficiency; but less focus on asset utilization. This shows that by consistently leveraging all three drivers of ROCE (revenue generation, operational efficiency, and asset management), companies are able to get back on track and may even gain a sustainable leap versus their competitors. Value Based Management VBM emphasizes long-term cash flows analysis and risk analysis in all aspects of managerial decision making, such as evaluating individual projects and determining the economic value of the overall strategy of the business. The VBM approach is ultimately aimed at the goal of structuring and managing a company in a way that will create more value for its owners. Bromwich (1998) observes the need for measuring tools, applicable to different organizational levels, such as corporate and business unit level, while Ottoson and Weissenrieder (1996) emphasize the need for measurement systems that can be used for internal and external communication. Practices Harley E. Ryan, Jr. and Emery A. Trahan (2007) examine the performance of 84 firms that adopt value-based management (VBM) systems during the period 1984-1997. The result shows that the typical firm significantly improves residual income after adopting VBM. This improvement persists for the five post adoption years studied. They also found a negative relation between tying compensation to VBM and post-adoption performance. Furthermore, firms reduce capital expenditures following VBM adoption, but that the reductions in spending do not differ based on the firms growth opportunities. Overall, the evidence suggests that VBM improves economic performance and the efficient use of capital. Blue Ocean Strategy The frameworks and tools introduced by Kim and Renee (2006) are essential analytics that can be applied to allow companies to break from the competition and open up blue oceans of uncontested market space. Practices According to The Star Online dated July 16, 2007 titled Blue Ocean Strategy for Corporate Malaysia, Harvard Business School Professor D. Quinn Mills, states that there were many companies worldwide that are adopting BOS either knowingly or unknowingly. In addition, companies that know how to apply BOS to access a bigger market would reap significant benefits in terms of earnings. On questions regarding the Malaysian companies adopting BOS, he said: We believe the strategy is still fairly new to local companies. However, it is likely that many CEOs are aware of BOS but have yet to fully understand and apply the strategy to their companies. He also cited Air Asia as an example of a successful company that had identified a Blue Ocean and created a business model to capture and untapped and un-served market in the travel industry. Mills also said BOS was especially important for a country like Malaysia with a small population and market.