Thursday, October 31, 2019
Astronomy 123 Homework Assignment Example | Topics and Well Written Essays - 250 words - 1
Astronomy 123 Homework - Assignment Example The shell becomes more massive as it sweeps the surrounding, it, therefore, slows down. The remnants of these explosions can live up to100,000 years, which seems a long duration in terms of astronomical time scale. The most recent supernova experienced in our galaxy was discovered through tracking the remains of its massive explosions. NASA uses Chandra X-ray observation to estimate the frequency with which supernovas explode in the Milky Way Galaxy. NASA estimates that the last supernova occurred almost 140 years ago measured within the period of the earth. Initially, the last supernova had occurred in 1680. Supernovas are, therefore, rare occurrences with only six observed in the earthââ¬â¢s galaxy over a period of 1000 years (Yockey and Hubert 142). The estimate for their occurrence is one supernova for every 25 to 100 years; therefore, it is likely that one may occur soon. The first theory explaining the origin of water talks about volcanic activity. It suggests that when the earth cooled, certain elements that broke apart recombined forming new substances. Two of those elements are hydrogen that broke away from hydrocarbons (for example methane) and oxygen that broke away from iron oxide. Molten magma carried these elements to the surface; they then combined to form water. This however does not seem sufficient to account for 70% of the earthââ¬â¢s surface. Another theory suggests that water was delivered to earth by earth-grazing comets. While the nebulae has water within its remote corners, analysis of this water shows that it is not the same water like that found in the earthââ¬â¢s oceans. The snowball earth hypothesis states that the surfaces of the earth and the ocean were covered with ice across the poles of the equator during periods of extreme cooling about 2.4 billion years ago (Singh 109). Evidence for this hypothesis is found in the ancient rocks that preserve signs of past magnetic field. Additionally, there is a
Tuesday, October 29, 2019
Acute Pain in Children Essay Example | Topics and Well Written Essays - 2250 words
Acute Pain in Children - Essay Example The intervention made to health institution through the initiative international health bodies has led to the creation of the pediatric analgesic trails, which aim at providing evidence pain management in child across the ages. In practice, assessments methods for pain intensity are critical in treating children of different ages. Acute pain is one of the common ailments in childhood and one that requires emergency response. In this paper, we will discuss the RCN guidelines on response given to acute pain in children. Acute Pain Assessment Tools In the last decade, a number of assessment tools required for testing the pain for appropriate ages have enabled documentation and quantitative and qualitative assessment of pain. The assessment method for children across the ages have undergone various changes, where issues affecting the new born to those children that are talking can be addressed. Currently, assessment methods include behavioral measures of pain. In this measurement method, the pediatrician would use behavior checklists, which has a list of pain effects that a child would encounter. The list has scores, which the pediatrician would check before assigning a given pain. In the assessment checklist, issues such as time, response to pain among others influence the decision that the pediatrician would make against a given pain. ... The RCN guideline has nine key areas that health professionals should observe when assessing acute pain in children. The provision in the guideline indicates when pain should be accessed, indictors, what the health professionals should do, as well as the parents of the child. The RCN guideline sought to achieve three objectives; first, create awareness about symptoms, which helps in recognition of pain, second, recommend methods for pain assessment, lastly, promote use of method in pain assessment. While many nurses claim they know when children are in pain, the guideline for pain assessment intended to clarify how best the nurses should respond to children pain. In addition, it sets standards, which nurses should uphold while assessing pain. Since nurses did not have standards of assessment, it is arguable that cases of misinterpretation of pain existed. Prior to the creation of the RCN guideline on pain assessment, critics observed that nurses interpreted pain differently. It was a rgued that parent and nurse observation and interpretation of pain is different. Most of the available research on pain assessment indicates that observation was the most common method used in the assessment. Although the method proves to be worthy, the behavior observed might not be the degree of pain. Other consideration included emotional response to pain as observed by their parents. Thus, settling on an inclusive procedure acceptable by parents and nurses was critical at this stage. It is also notable that consideration of the preexisting literature and research on pain were adequately done before the recommendation of the guideline. Since the introduction of pain assessment scale, observation made on its application has
Sunday, October 27, 2019
The Spiral Life Cycle Model Information Technology Essay
The Spiral Life Cycle Model Information Technology Essay A spiral model is nothing but a system development life cycle model used in software development project management. Unlike the waterfall model which adopts a more linear approach, the spiral model combines elements of both design and prototyping in stages in an effort The concept and ideology of a spiral life cycle model came into existence in the mid 1980s and was introduced by an American software engineer, Barry Boehm. He penned down his thoughts on the model in his article A Spiral Model of Software Development and Enhancement. Though, this model was not the first model to discuss iterative development; the spiral model proved to be an evident influence on introducing two other software development methodologies, the Model Based Architecture and Software Engineering (MBASE) and Extreme Programming. http://www.docstoc.com/docs/23272870/A-Presentation-On-Using-the-WinWin-Spiral-Model-A Youtube: http://www.youtube.com/watch?v=vj_pqDpLJQ0 spiral iterative development Spiral model The spiral model is a software development process combining elements of both design and prototyping-in-stages, in an effort to combine advantages of top-down and bottom-up concepts. Also known as the spiral lifecycle model (or spiral development), it is a systems development method (SDM) used in information technology (IT). This model of development combines the features of the prototyping model and the waterfall model. The spiral model is intended for large, expensive and complicated projects. History The spiral model was defined by Barry Boehm in his 1986 article A Spiral Model of Software Development and Enhancement[1]. This model was not the first model to discuss iterative development. As originally envisioned, the iterations were typically 6 months to 2 years long. Each phase starts with a design goal and ends with the client (who may be internal) reviewing the progress thus far. Analysis and engineering efforts are applied at each phase of the project, with an eye toward the end goal of the project. Steps The steps in the spiral model iteration can be generalized as follows: The system requirements are defined in as much detail as possible. This usually involves interviewing a number of users representing all the external or internal users and other aspects of the existing system. A preliminary design is created for the new system. This phase is the most important part of Spiral Model. In this phase all possible (and available) alternatives, which can help in developing a cost effective project are analyzed and strategies to use them are decided. This phase has been added specially in order to identify and resolve all the possible risks in the project development. If risks indicate any kind of uncertainty in requirements, prototyping may be used to proceed with the available data and find out possible solution in order to deal with the potential changes in the requirements. A first prototype of the new system is constructed from the preliminary design. This is usually a scaled-down system, and represents an approximation of the characteristics of the final product. A second prototype is evolved by a fourfold procedure: evaluating the first prototype in terms of its strengths, weaknesses, and risks; defining the requirements of the second prototype; planning and designing the second prototype; Constructing and testing the second prototype. Applications The spiral model is mostly used in large projects. For smaller projects, the concept of agile software development is becoming a viable alternative. The US military had adopted the spiral model for its Future Combat Systems program. The FCS project was canceled after six years (2003-2009), it had a two year iteration (spiral). The FCS should have resulted in three consecutive prototypes (one prototype per spiral-every two years). It was canceled in May 2009. The spiral model thus may suit small (up to $3 million) software applications and not a complicated ($3 billion) distributed, interoperable, system of systems. Also it is reasonable to use the spiral model in projects where business goals are unstable but the architecture must be realized well enough to provide high loading and stress ability. For example, the Spiral Architecture Driven Development is the spiral based SDLC which shows the possible way how to reduce a risk of non-effective architecture with the help of spiral model in conjunction with the best practices from other models. Spiral Model History The spiral model was defined by Barry Boehm in his 1988 article A Spiral Model of Software Development and Enhancement. This model was not the first model to discuss iterative development, but it was the first model to explain why the iteration matters. As originally envisioned, the iterations were typically 6 months to 2 years long. Each phase starts with a design goal and ends with the client (who may be internal) reviewing the progress thus far. Analysis and engineering efforts are applied at each phase of the project, with an eye toward the end goal of the project. The Spiral Model The spiral model, also known as the spiral lifecycle model, is a systems development method (SDM) used in information technology (IT). This model of development combines the features of the prototyping model and the waterfall model. Thespiral model is intended for large, expensive, and complicated projects. The steps in the spiral model can be generalized as follows: The new system requirements are defined in as much detail as possible. This usually involves interviewing a number of users representing all the external or internal users and other aspects of the existing system. A preliminary design is created for the new system. A first prototype of the new system is constructed from the preliminary design. This is usually a scaled-down system, and represents an approximation of the characteristics of the final product. A second prototype is evolved by a fourfold procedure: (1) evaluating the first prototype in terms of its strengths, weaknesses, and risks; (2) defining the requirements of the second prototype; (3) planning and designing the second prototype; (4) constructing and testing the second prototype. At the customers option, the entire project can be aborted if the risk is deemed too great. Risk factors might involve development cost overruns, operating-cost miscalculation, or any other factor that could, in thecustomers judgment, result in a less-than-satisfactory final product. The existing prototype is evaluated in the same manner as was the previous prototype, and, if necessary, another prototype is developed from it according to the fourfold procedure outlined above. The preceding steps are iterated until the customer is satisfied that the refined prototype represents the final product desired. The final system is constructed, based on the refined prototype. The final system is thoroughly evaluated and tested. Routine maintenance is carried out on a continuing basis to prevent large-scale failures and to minimize downtime. Applications For a typical shrink-wrap application, the spiral model might mean that you have a rough-cut of user elements (without the polished / pretty graphics) as an operable application, add features in phases, and, at some point, add the final graphics. The spiral model is used most often in large projects. For smaller projects, the concept of agile software development is becoming a viable alternative. The US military has adopted the spiral model for its Future Combat Systems program. Advantages and Disadvantages Advantages Estimates (i.e. budget, schedule, etc.) become more realistic as work progresses, because important issues are discovered earlier. It is more able to cope with the (nearly inevitable) changes that software development generally entails. Software engineers (who can get restless with protracted design processes) can get their hands in and start working on a project earlier. Disadvantages Highly customized limiting re-usability Applied differently for each application Risk of not meeting budget or schedule Risk of not meeting budget or schedule Spiral Model The spiral model is the most generic of the models. Most life cycle models can be derived as special cases of the spiral model. The spiral uses a risk management approach to software development. Some advantages of the spiral model are: defers elaboration of low risk software elements incorporates prototyping as a risk reduction strategy gives an early focus to reusable software accommodates life-cycle evolution, growth, and requirement changes incorporates software quality objectives into the product focus on early error detection and design flaws sets completion criteria for each project activity to answer the question: How much is enough? uses identical approaches for development and maintenance can be used for hardware-software system development
Friday, October 25, 2019
Saras Secret Essay -- essays papers
Saras Secret Moving to the big city was a big step for Sara. Her parents always warned her about the dangers of city life, but she never let the warnings hinder her decision. Her dream of a fast paced life has been with her for as long as she could remember, and nothing could change her mind. Sara was brought up in a small town about 200 miles from the city. This was a town in which everyone was friends with everyone, and most of the doors where never locked. Looking at this town was like looking at a painting that would be hanging up in a museum somewhere. In fact, Sara's house looked like, it too, would have its own painting. Nothing was ever out of place, it even seemed as though each blade of grass knew that it had a particular position in which it need to stay, and the inside of their house was no different. Her parents where very protective over their only child. They always knew everything that went on in their daughterââ¬â¢s life; or so they thought. Sara kept something secret from her parents for as long as she could remember. Sara was born with something so different that she felt that if her parents ever found out, they wouldn't ever be able to accept it. After Sara graduated from high school she felt as though she needed to get out of the life she knew, and start over in a whole new environment. Convincing her parents that she should move to the city was the hardest part for her, but finally after months of constant debating, her parents finally gave in. But they never stopped telling her how they felt. Even as Sara was walking out to the moving truck with the last box, her parents told her that she was making a mistake and that only trouble is found in big cities. But Sara wasnââ¬â¢t listening, she knew that she was going to love her new life, trouble and all. Sara's apartment was on the small size but it didnââ¬â¢t seem to make a difference to her, she was finally on her own. She found a job at an accounting firm about a week after her arrival in the city. The tall building that her new job was in was a beautiful sight to her, and at that time she knew that she belonged there. Her new office was only about 6 blocks from her new home, so most of the time she walked to work. She would often stop to look up at the tall buildings, admiring how they seemed to look like those tall trees she once saw on a road trip with her parents.... ...purse back to the women, she took him by the wrists up to the street to the nearest police officer. She told the policeman what happened and then left wondering when she was going to get her reward. Sara then started to walk up the street, to catch her breath. When she reached the spot where she had heard the first women scream, the city froze, not by her doing, but by the spirit. Again, a faint light appeared from the manhole, and turned into a manââ¬â¢s face. Sara was excited that she was finally going to get what she had been working so hard for. And then the spirit started to speak, ââ¬Å"You have done well Sara, you have saved the two people you needed to, to be able to receive your prize. But the thing is, you have already received it.â⬠Sara didnââ¬â¢t quite understand, so the spirit went on, ââ¬Å"You saved not one life, but the life of many. And you have risked a lot, so a lot is returned to you. The best reward is not of material value, but the feeling of value in yourself.â⬠The spirit then vanished just like it had appeared. Sara then knew what the spirit had taught her. Sara decided to dedicate her life to saving others, and to only use her powers for the good of mankind.
Thursday, October 24, 2019
Situation Evaluation
Maria also states that n her department, she stand alone as the only individual of Latin descent as well as the only individual of color and the only female. And also adds that her mediocre job assessments were culturally bias because her immediate supervisor is a White male just as Alex. Maria also offers that her immediate boss told her that her accent is a cause for concern as it pertains to any potential client of the company. She explained that he was fearful that the clients would not understand her because of her accent.Maria was furious so she lodged an additional complaint against the company for displaying discriminatory practices. Maria's upper management reports that she possesses a fair quality of work, however she frequently exhibits a brash and hostile attitude when dealing with her co-workers and supervisors. She has been reprimanded on a few occasions by her immediate boss for lateness and absences. She astutely combated each reprimand with an excuse of family issues . Maria would always defend that when or if her family is in trouble, she would have to attend to their needs.When the topic of her accent was brought up, it was explained that the accent was a significant factory in obtaining the particular position therefore, no discriminatory raciest were conducted by the organization. Maria habitually spoke very fast, and when she spoke in such a manner, comprehending what she was saying due to her accent was almost impossible. The company declared that the ability to communicate clearly was an essential aspect of the job in question. The purpose of the paper is to discover if there are indications of organizational or personal discrimination or prejudicial attitudes involved in Maria's complaint.Also, if there is any suggestion that Maria was unjustly or unlawfully treated. And if the company has a legal basis to expect Its employees who converse specifically with customers to speak accent free English. This paper also will offer some approache s to take which can proven any such events from transpiring in the future. Prejudice and Discrimination As Maria is the only female of Latin decent in her department, the existence of prejudice and discrimination due to race and gender could be an issue. To substantiate any such claim, prejudice and discrimination has to be defined.Prejudice is an unjustified or incorrect attitude towards an individual based merely on the individual's race, gender, or creed (McLeod, 2008). It may be directed toward a group or an individual of that group. Discrimination is an unfavorable action, behavior, outcome, or treatment directed against and individual or group (McLeod, 2008). The difference between the two is that prejudice is a belief or mindset and discrimination is the manifestation of tall belief or mindset. Prejudice in the case would be very difficult to prove unless a discriminatory act has been committed.Hypothetically speaking, if Maria was called employee X and Alex employee Y and ea ch of their performances and evaluations were examined, employee Y would be considered for the promotion over employee X hands down. Therefore, an investigation would most likely determine that there is no conclusive evidence that shows organizational or personal prejudice or discrimination towards Maria. Moreover, a statement from a possibly disgruntled employee would not be enough to prove unjust or unlawful treatment toward the employee.Unaccented English To totally satisfy Maria's complaint, the question, ââ¬Å"Is the company violating any lawful regulations because it expect its employees who converse specifically with customers to speak accent free Englishâ⬠must be answered. According to Title VII of the Act of 1964, a company can put an individual's accent under scrutiny when the individual's accent directly hinders the individual from performing a specific job (EEOC, 2014). This consideration is contingent upon the explicit responsibilities for the duty to be performe d and the magnitude of the individual's accent influencing the capacity to conduct business.Although Maria has been with the company for 10 years and her accent was not a hindrance to her current position, her accent could cause confusion for the clients if she is in the position in question. Since the company acknowledged that a requirement for the position was to speak fluent English, and according to the National Origin & Employment Policies/ Practices under Title VII of the Civil Rights Act of 1964, the company is within legal rights. The company is under no legal law to promote Maria into the position in question.The company can however promote her into a position with the same prestige as the other and this position will not require her to interact directly with the clients. This will create a win-win situation for everybody. Consequences of Prejudice and Discrimination Although no wrong doing by the company was proven, the mere mention Of discriminatory practices could cause a company to falter. The productivity of the employee in question as well as other employees have the possibility to diminish.This reaction alone may trigger a downward spiral for revenue, which could chase away potential investors who may have been interested in the business. Not to mention, the U. S. Equal Employment Opportunity Commission (EEOC), U. S. Department of Labor, Office of Federal Contract Compliance Programs (OFFICE) and Wage and Hour Division (WAD) will have a scrutinizing eye on every business practice the company may implement (Mayhem, 2014). No organization want to go through anything like this.That is why it is imperative for every member within a company to be well abreast that diversity is very prevalent in almost every organization in today society. Furthermore, under Title VII of the Civil Rights Act of 1964, people who are discriminated against can initiate court proceedings towards a company. And if substantiated, the complainant can recoup money for any dam ages rendered by the company as it relates to discriminatory practices (Scott, 014). This can open the door for others who may have felt discriminated against to file complaints, which could lead to a very messy situation for a thriving organization.Solutions to Prevent Discrimination in the Workplace Education: everyone must be aware of cultural diversity in the workplace, which simply means understanding that people are different and should be treated as such. There is a well-known saying, ââ¬Å"team work makes the dream work,â⬠which means to work well with a person, one must know and trust a person. If equal and fair treatment is not practiced, discrimination will not be reverted it will be just getting started.Confrontation: anyone witnessing any signs of discrimination should openly acknowledge it and ââ¬Å"nip it in the bud,â⬠in essence, stopping it before it gets started. Research has shown that making people aware of a discrepancy between their discriminatory b ehavior and their egalitarian self-concept can lead to self-dissatisfaction and subsequent reductions in discriminatory responding (Divine, Mennonite, Suzerain, and Elliot (as cited in Good, Raisin, and Sanchez, 2012)). Music: as music can sooth the savage beast, it can also sooth the souls of people who possess rejoice and discriminatory attitudes.In fact, Mark Cliches, a psychotherapist in New York City and the author of Healing from Family Rifts offers, ââ¬Å"music can be a salvation and antidote to most psychological challenges: that's why people sing in the shower and while driving the car, or simply listen to music that's inspiring and distracting from emotional upsetâ⬠(Cliches, 2008). No matter if discrimination or any unfair treatment was found to substantiate Maria's claim, the company in question can and will prosper through the implementations of the aforementioned solution to prevent discrimination in the workplace.Top managers within an organization must play an active role in interacting with the employees as it relate to cultural differences. This will promote cultural harmony and bring an understanding to all that everybody has to Stay mindful Of the other guy. Conclusion In the cultural diverse environment, someone will feel discriminated against for one reason or another. Fifth truth is told, it may be next to impossible to please everybody all the time. This could lead to alienation, frustration, separation, and termination. Unfortunately, prejudice and discriminatory thoughts as well as actions of such do exist in the workplace.Organizations can and will go tumbling down which could cause a lot of innocent people some unnecessary hardship. It could be a horrible feeling to think a person cannot advance because someone may not like them just because they are different. Nothing good can come from a company that overlooks prejudice and discriminatory behavior exhibited by the members within that company. Let us stamp out this ugly form a degradation before it ever gets started. It is going to take education, confrontation, and annihilation through music to rid or prevent this unspeakable form of injustice which is known as workplace coordination.
Wednesday, October 23, 2019
Alliteracy Definition Essay
Alliteracy is defined by Merriam-Websterââ¬â¢s dictionary as the quality or state of being able to read but uninterested in doing so. I, myself, am an example of the definition Merriam-Webster gives. I am fully competent of picking up a book and reading it. When I have spare time available, I could easily walk over to the book shelf in my house, where my wife has many books ranging from romance to science fiction, pick one out and read it. However, it is not a something that draws my attention or seems of interest to do. I only read when it is required of me, such as work related text and school related text. On the contrary, Mortimer Adler was a man who loves books! In his 1940 essay, ââ¬Å"How to Mark a Book,â⬠Adler defines how reading is more than just reading. It is the act of active reading- a skill- that requires using certain strategies in order to remember and understand what you read by highlighting, underlining, and make annotations in the book to help you remembe r and understand what youââ¬â¢ve read. Adler states, ââ¬Å"Marking up a book is not an act of mutilation but of love.â⬠(Adler, 1940) Adlerââ¬â¢s form of reading requires putting forth effort that people who are alliterate may not see as relevant for reasons such as technological advances and an expensive hobby during a time of recession. One technological advance that has replaced books is through the invention of the television, which was a modern day marvel of its time and still continues to be. The invention of the television brought news and entertainment to the general population easier and faster than any book or newspaper ever could. People started relying on television more and more and reduced or eliminated reading from their daily activities. Between 1955 and 1975, when television were predominately introduced, a study showed that the average amount of time a person spent reading fell from 5 hours a day to 3.6 hours a day. However, as time went on and a larger variety of shows became available and tele vision hours extended those figures changed significantly. The same study shows that by 1995, the average person spent 9 percent of the spare time reading in comparison to 21 percent in 1955. Adler states, ââ¬Å"They forget that it is possible for a man to acquire the idea, to process beauty, which a great book contains.â⬠(Adler, 1940) However, does it truly mean that because people donââ¬â¢t read, they cannot acquire ideas or process the beauty behind ideas and creativity? I disagree. Television has been a wonderful source for information as we learn tons of information about places and people that we seldom learn about in written literature. We can easily learn about new cultures, different places, and how to do things without turning through page after page of words. Television, furthermore, helps improve memory as we are able to recall what we see easier than by what weââ¬â¢ve read. Another factor that has helped to cause alliteracy is money. People just donââ¬â¢t have the funds to purchase the high prices that are placed on books especially during these recessive times. Buying books is an expensive hobby and outside of the reach of the average person who is struggling just to pay their bills. According the National Endowment for the Arts, reading participation increases quite progressively for each increase in family income. Based on the survey, which was taken in 2002, approximately one-third of family with an income under $10,000 read literature during the survey year. This was in comparison to 61 percent of family with incomes of $75,000 or more. Based on these surveys, it is proven that lower family incomes are linked with alliteracy rates. In Adlerââ¬â¢s How to Mark a Book, Adler makes the statement, ââ¬Å"â⬠¦buy yourself a cheap edition and pay your respects to the author,â⬠(Adler, 1940) for the sole purpose to ââ¬Å"Markâ⬠the book up. Adler throws this idea out freely as if everyone is able to afford the cost of books. However, Adler was American professor, philosopher, and educational theorist who was more than likely in the 61 percentile that the National Endowment for the Arts surveyed. It is not feasible to assume that everyone can afford the price of books and may face allitaracy for that reason. Adlerââ¬â¢s form of reading requires putting forth effort that people who are alliterate may not see as relevant for reasons such as technological advances and an expensive hobby during a time of recession. If the purpose of Adlerââ¬â¢s reasoning in marking a book is to share an intimate relationship with the author, then maybe technological advances will one day bring that to the masses in a more affordable way.
Tuesday, October 22, 2019
Free Essays on Computer Monitoring
In todayââ¬â¢s U.S. firms, three quarters (77.7%) of employees are monitored by on site surveillances by their employers. It is a way of keeping the company informed of its employeesââ¬â¢ activities at work. New technologies make it possible for employers to monitor many aspects of their employeesââ¬â¢ jobs. Unless a company policy specifically states otherwise, employers may listen, watch and read most of their employeesââ¬â¢ workplace communications through telephones, computer terminals, electronic and voice mail systems, and Internet connections products. One way of monitoring employees is through the telephone. Employers may monitor calls with employees and customers for quality assurance purposes. In some states, employers are required by law to inform employees that their conversations are being recorded or monitored. This can be done by putting a beep tone on the line or playing a recorded message that would indicate that their conversations are being monitored. Under Federal Law, employers are not allowed to monitor employeesââ¬â¢ personal calls. Employers can also obtain a record of your phone calls through a device called a pen register which allows them to see a list of phone numbers dialed by your extension and the length of each call you make. Another way of monitoring employees is through computer terminals. Your terminal may be the employerââ¬â¢s window into your workplace. There are several types of computer monitoring. One common type of computer monitoring is through the use of computer software that enables them to see what is on the employeesââ¬â¢ screen. Employers can also see what is stored in the employeesââ¬â¢ terminal and hard disks. Another method involves word-processing and data entry jobs that can be monitored by their keystroke. This can indicate to managers if their employers are above or below the standard number of keystrokes expected. Another computer monitoring technique allows the employers to keep... Free Essays on Computer Monitoring Free Essays on Computer Monitoring In todayââ¬â¢s U.S. firms, three quarters (77.7%) of employees are monitored by on site surveillances by their employers. It is a way of keeping the company informed of its employeesââ¬â¢ activities at work. New technologies make it possible for employers to monitor many aspects of their employeesââ¬â¢ jobs. Unless a company policy specifically states otherwise, employers may listen, watch and read most of their employeesââ¬â¢ workplace communications through telephones, computer terminals, electronic and voice mail systems, and Internet connections products. One way of monitoring employees is through the telephone. Employers may monitor calls with employees and customers for quality assurance purposes. In some states, employers are required by law to inform employees that their conversations are being recorded or monitored. This can be done by putting a beep tone on the line or playing a recorded message that would indicate that their conversations are being monitored. Under Federal Law, employers are not allowed to monitor employeesââ¬â¢ personal calls. Employers can also obtain a record of your phone calls through a device called a pen register which allows them to see a list of phone numbers dialed by your extension and the length of each call you make. Another way of monitoring employees is through computer terminals. Your terminal may be the employerââ¬â¢s window into your workplace. There are several types of computer monitoring. One common type of computer monitoring is through the use of computer software that enables them to see what is on the employeesââ¬â¢ screen. Employers can also see what is stored in the employeesââ¬â¢ terminal and hard disks. Another method involves word-processing and data entry jobs that can be monitored by their keystroke. This can indicate to managers if their employers are above or below the standard number of keystrokes expected. Another computer monitoring technique allows the employers to keep...
Monday, October 21, 2019
Free sample - Air Transportation. translation missing
Air Transportation. Air TransportationModern science has made the life easy for people. With the help of innovation in technology, our lifestyle becomes updated. Now, we are in the edge of Modern scientific world. What was our dream yesterday becomes the reality today. Scientific triumph is seen everywhere around us and bring blessings to the mankind. In the field of transportation science make revolutionary change as many new forms of transportations invented. The face of earth has been changed and science has change the mode of lifestyle in the past hundred years than in last four thousand years before. We have observed the gifts of science of motor cars, steam engine, electric and magnetic trains. But we can be amazed to see the marvelous and greatest invention of flying like a bird in the sky. Previously we were satisfied traveling with the buses, trains, automobiles, even boats and ships. But the dream of moving through air becomes the reality when different forms of air transportation are innovated. In 1903, Wright brothers discovered aero-plane. ââ¬Å"Air transportation is the movement or transport of human and objects from one place to another by airâ⬠. Now in the busy world air transportation becomes the very easy and time saving ways for travel across the world. It is the fastest, shortest, quickest means of the carrier. This forms of travel is very much comfortable. It gives us the unique opportunity and brings excitement and thrilling while moving from one location to another. In this pleasant journey no traffic jam and other sorts of barriers are seen. Overall journey by air is much safe, sound and cool experience to the travelers. With the help of air transportation the world has become a mere global family. It successfully exceeds the distant and time constant in journey. This mode of transportation is still quite costly and since only affluent section of the society can afford it. So, for busy business people especially the top business managers and organization heads, the top officials of any country and other people who have the money used to take air transportation for traveling. There are various advantages and disadvantages of using air travel. But the advantages are innumerous and the usefulness of taking air transport removes the time and distance limitations. Now people fly to many parts of the worlds with the least time and with very comfortable ways. Not only for peak time but also for any time during the year, you can book your air ticket. The price of air travel depends on the types of the class of the set, the selection of the airline, destination etc. Bruckner (2002), Daniel and Pahwa, (2000) discussed about the demand management which is becoming a bigger challenge in the airline industry. The history and evolution of air transportation has come across a long way. Around 400 BC, in Ancient Chine, kites were used as the religious customs. Initially kites are made for fun but later more sophisticated kites are tested to know the motion of the wind and weather. From centuries, man have desired to fly and touch the sky like a bird. Hero of Alexandria who was a famous ancient Greek engineer worked with stream and air pressure to reveal the sources of power. He had tried some experiments in these fields with a water kettle and fire to get some concepts about power.à In 1492, Theories of flight was designed by Leonardo da Vinci. He has given over hundred of drawings to highlight his ideas about the concept of flight. Most of his drawings depict the ideas for man carrying machines with wings and trails of birds. His design of Ornithopter is quite similar to the helicopter in the modern time. Aviation pioneers and contributor to this field have examined the concept of Vinci in 19th century. In 1783, Joseph Michel and Jacques Etienne Montgolfier brothers developed the first hot air balloon. The earliest hot balloon climbed 6000 feet high and passed about one mile with a sheep, duck and roosters. Jean-Francois Pilatre de Rozier and Francois Laurent are the first human passengers who flown on November 21, 1783. Sir George Caysley who has distinguished between lift and drag experimented with wing design in order to find out how human can fly in the sky. His experiments took place between 1799 and 1850s. A young boy was the first passenger of Canleyââ¬â¢s gliders. He has dedicated fifty years in to make updating his theory. He changed the shape of the wing of gliders for smooth air blowing across the wings. In his work, ââ¬Å"On Ariel Navigationâ⬠he has given clue for human to fly in the sky. Otto Lilienthal was a German engineer studied aerodynamics and he was the first person of glider designer. Using his design subsequent engineers got various clues of flying techniques. He was so much enthralled and exited about flight design that he wrote a book and published in 1889. His work was taken by the Wright brothers as a base of flight design. In 1891, Samuel Langley built a place called aerodrome. On December 17, 1903, Orville Wright and Wilbur Wright took their first flight in the air. They had studied the earlier works, took good concept and implement in their experiment. They studied the motion of wind and other scientific factors and did the research. 1st the Wright brothers tested with the gliders and designed the wind tunnel to alter the wingââ¬â¢s shapes. Later they create a propulsion system use to make the lift for fly. Orville piloted the plane which was 605 pounds in weight. US govt bought the 1st plane form Wright brothers in 1909 with a value of $25000 and awarded a bonus of $5000 for exceed forty mph. There are different types of air travel that exists both commercially and private. Some of them have been developed many years ago and some are developed recently couple of years back. Todayââ¬â¢s hot air balloons are used with the same technology and feature of the previously invented balloons. In a wicker basket heat source and passengers are placed under the shed of the balloon. According to the direction of the wind, balloon moves with the increase of heat. Various colorful and attractive balloons are seen as a medium of air transportation. The most popular means of air transport is the fixed wing airplane. Flight tracking organization flight ware claims that over 49315 commercial flights operate globally on a daily basis. Nearly 1.2 billion people of the world use airplane as a means of transportation. So we can find the impact of Air transportation on the social life of people. For smooth takeoff and landing a long runway is required at the airport. Propeller is used to warm up the place for flight and wings work as wind stabilizer. The airplanes are designed in such a way that they can withstand any bad situation in the air like bad weather or other natural or manual problems. The pilots are so adept in handling the air plane; they are enabling to ride a plane even in most risky and dangerous situation. Helicopters are other medium of air transport. Mainly it is used to carry the soldiers into the remote areas where with the airplane can be accessible. The apache helicopter is the modern sand sophisticated form of transportation used in the defense. In the emergency situation of any country like flood or cyclones, the relief can be reached to the affected people though helicopter. Personal air transport is seen for the richest people of the world. The importance of air transportation is unimaginable. It takes days even months to travel via seas but it takes only couple of hours to reach any destination via air. Toady air travel become very much common. Most of the countries of the world use this medium of transport. Brueckner (2005) studied about the fact of managing the passengers need to travel via air. The air line authorities need to give more focus to fulfill the growing need of air transport of the people. Many companies currently producing large and most sophisticated air plane with the state of the art technology Research is being conducted to at NASA Langley Research Center to fly the Pacific Ocean in few hours of time or try to develop jumbo jet having giant wings that carries over 700 passengers. Airbus, the aircraft manufacturer has a plan named ââ¬Å"engineers dreamâ⬠. The company wants to make this dream in to reality by 2030 which they claimed will be the future of air transport. The plane will have all the latest and comfortable facilities of our imagination. The aircraft will have the design of cabins and engines, aerodynamics and aircraft materials. The seat of the plane will have self cleaning materials designed for a snug fit. Walls of the plane will give 360 views with transparent see through button. The use of green energy like solar panels, fuel cells and body heat used to generate power all the systems will be presented in the future aircraft. The safety measures will be the most focus of future air Transportation. The future planes will be designed in such a way to provide the passengers with utmost safety and security. The seating arrangements, trouble handling measures will be so updated that passengers will be highly delighted with the service. Another aspect of future airplane is to reach the destination with the fastest mode. The speed of future plane will be super fast. The air transportation in the future will become not only comfortable but also memorable. Various aspects of Airport services demand and supplyà have been discussedà in the work ofà Zografos and Madas (2003). They tried to show different approaches in this matter. The cargo transporters will become more flexible and less time consuming. Various Commercial airlines allow citizens to attend different business programs, holiday vacation, and tour to the globe. Many long distance cargos are moved quickly via air transport. Human and cargo carriers are shipped on charters or regular frequent basis. In an airport various flights are scheduled for variety of destination. People can take the service by booking the tickets online or manually. The future of airplane industry will be focused on the green energy especially solar energy. Some researches were conducted to highlight the future dimension and nature of air transport using the green and other alternative sources of energy. Ausubel and meyer (1998) , Bhadra, Gentry and Wells (2005) This new sources of alternative energy bring opportunities that can be applied to Air plane industry. Various researches are ongoing to develop viable and cost reducing energy for the airplane. We hope that in the very near future this imagination will become the reality and transportation via air becomes very much pleasant and comfortable. Air transportation unlike other modes of transportation has much impact in the economy of any country. Developed countries and provide the best facilities of Air transport by establishing various airports in the busy and important states across the country. When people are provided with much innovative and safe means of air transport facilities, the revenue of the air industry will increase. When destinations are very far away, commercial airplane travel become the most comfortable and quick means. Sometimes accidental issues and risk of life may occur in air travel. But the same can be happens to other mode of communication like water and road transportation. Most of the airplanes are equipped with many features and facilities that give the passengers the unique opportunity of traveling. The food and stuff are well served and the air hostess shows their warm hospitability that can delight anyone who travels by air for the first time. The air plane industry owner tries to provide the home environment during the travel by air. The state of the art technology and the digital equipment of entertainment take you in the world of imagination. Air travel is very convenience especially when you are in a hurry or rush situation. Schank (2005) discussed about several pricing strategy of the airline industry. The peak and off-peak pricing and its effect on the passengers to take air transport have been highlighted in their study.You can book the air ticket easily by making a phone call to any traveling agent. There are several organizations that may assist you in answering your quires about air travel. Air transportation system brings us the opportunity to move the cargo in very quickest and fastest time. Journey by air is very pleasant and interesting. It gives good feelings and excitement to the passengers on board. The outside scenery observed from the plane is very charming. Air Transport makes the far distance place very close. We can now travel anywhere in the world within no time. The transport of human and the cargo are two types of service the airline industry serves. With the expansion of global business and transaction with distant parts of the world, it requires a swift mode of transport system. People are previously in search of the need of such type of service. Now with the invention of modern science air transport meets the hidden desire of people to move from one place to another by air. The air transport system is a blessing of the modern science which unveils the opportunities of serving a distinct group of people who want to travel by air. à Apart from other transportation medium like transport by water or road transportation, air transportation is very much popular and useful mode of transportation. Now business head managers and top officials of the state can attend any foreign meeting and programs quickly with the help of air transport and come back within very short time. References Brueckner, J.K. (2002), ââ¬Å"Internalization of airport congestionâ⬠, Journal of Air Transport Management, 8, 141-147. Zografos, K.G. and Madas, M.A. (2003),ââ¬Å"Critical assessment of airport demand management Strategies in Europe and the United States ââ¬â comparative perspectivesâ⬠, Brueckner, J.K. (2005), ââ¬Å"Internalization of airport congestion: a network analysisâ⬠, International Journal of Industrial Organization,23, 599-614. Air Transportation Challenges: Airspace, Airports, and Access. Transportation Research record, 1850, 41-48 Daniel, J.I. and Pahwa, M. (2000), ââ¬Å"Comparisonof three empirical models of airport congestion pricingâ⬠, Journal of Urban Economics, 47, 1-38 Ausubel, J. H.; Marchetti, C.; Meyer (1998) P. S. To w a r d Green Mobility: The Evolution of Transport. E u r o p e a n Review, 6 (2), 137ââ¬â156 Bhadra, D., J. Gentry, B. Hogan, and M. Wells. (2005) ââ¬Å"Future Air Traffic Timetable Estimator,â⬠Journal of Aircraft, 42(2), 320-328. Schank, J.L. (2005), ââ¬Å"Solving airside airport congestion: why peak runway pricing is not Workingâ⬠,à Journal of Air Transport Management, 11,417-425.
Sunday, October 20, 2019
Practice in Correcting Errors in Parallel Structure
Practice in Correcting Errors in Parallel Structure When two or more parts of a sentence are parallel in meaning (such as items in a series or words linked by correlative conjunctions), you should coordinate those parts by making them parallel in form. Otherwise, your readers may be confused by the faulty parallelism. Editing Exercise Rewrite each of the following sentences, correcting any errors in parallelism. Answers will vary, but youll find sample responses below. We must either raise revenues or it will be necessary to reduce expenses.Stoics deny the importance of such things as wealth, good looks, and having a good reputation.In his farewell address to the army, the general praised his soldiers for their unsurpassed courage and gave thanks because of their devotion.The crowd that had gathered outside the court was loud and they were angry.The police have a duty to serve the community, safeguard lives and property, protect the innocent against deception, and they must respect the constitutional rights of all.Sir Humphry Davy, the celebrated English chemist, was an excellent literary critic as well as being a great scientist.The Johnsons were cheerful and knowledgeable traveling companions and behaved generously.The delegates spent the day arguing with one another rather than work together to find common solutions.My sisters promotion means that she will be moving to another state and take the children with her.A company is not only responsibl e to its shareholders but also customers and employees as well. Examples of aerobic exercises are distance running, swimming, cycling, and long walks.Consuming too much of a fat-soluble vitamin can be as harmful as not to consume enough.The gyrocompass not only points to true north at all times, it is unaffected by external magnetic fields.Everything that could make a sound either was removed or taped down.If you hire a contractor to make home improvements, follow these recommendations:Find out if the contractor belongs to a trade association.Obtain estimates in writing.The contractor should provide references.The contractor must be insured.Avoid contractors who ask for cash to dodge paying taxes.The new instructor was both enthusiastic and she was demanding.Annies dress was old, faded, and it had wrinkles.By the time she was two, the child was not only active but also she was well coordinated.It is a truism that to give is more rewarding than getting.A battery powered by aluminum is simple to design, clean to run, and it is inexpensive to produc e. Sample Responses We must either raise revenues or reduce expenses.Stoics deny the importance of such things as wealth, good looks, and a good reputation.In his farewell address to the army, the general praised his soldiers for their unsurpassed courage and thanked them for their devotion.The crowd that had gathered outside the court was loud and angry.The police have a duty to serve the community, safeguard lives and property, protect the innocent against deception, and respect the constitutional rights of all.Sir Humphry Davy, the celebrated English chemist, was an excellent literary critic as well as a great scientist.The Johnsons were cheerful, knowledgeable, and generous traveling companions.The delegates spent the day arguing with one another rather than working together to find common solutions.My sisters promotion means that she will be moving to another state and taking the children with her.A company is responsible not only to its shareholders but also to its customers and employees.Examples of aerobic exercises are distance running, swimming, cycling, and walking. Consuming too much of a fat-soluble vitamin can be as harmful as not consuming enough.The gyrocompass not only points to true north at all times but is unaffected by external magnetic fields.Everything that could make a sound was either removed or taped down.If you hire a contractor to make home improvements, follow these recommendations:Find out if the contractor belongs to a trade association.Obtain estimates in writing.Ask for references.Make sure that the contractor is insured.Avoid contractors who ask for cash to dodge paying taxes.The new instructor was both enthusiastic and demanding.Annies dress was old, faded, and wrinkled.By the time she was two, the child was not only active but also well coordinated.It is a truism that to give is more rewarding than to get.A battery powered by aluminum is simple to design, clean to run, and inexpensive to produce.
Saturday, October 19, 2019
Assignment 1 Example | Topics and Well Written Essays - 250 words - 24
1 - Assignment Example American economic growth is, hence, evident due to the rise in per capita income and increased pool for taxation. Obama applauded American troopââ¬â¢s mission in Iraq and Afghanistan for great success. The troops were returning home to serve and help boost Homeland security. The president remarked the growing economy, reducing debts and the nationââ¬â¢s success to a rise from the collapse. He challenged the citizens to commit and support the State in generating more income and creating more employment opportunities. The president explained following as the necessities of a middle-class economy. First, the economy needs to help working families to feel more secure in a transforming world in terms of healthcare provision and general welfare (The White House 1). Secondly, the economy should strive to ensure the citizens maintain earning higher wages through affordable and free education systems. Finally, the economy should generate high-wage jobs that solve the unemployment issues. The state of union, according president Obamaââ¬â¢s speech on January 20, is strong. The White House (Office of the Press Secretary). Remarks by the President in State of the Union Address January 20, 2015.web. January 27, 2015.
Friday, October 18, 2019
What adjective best describes and defines me Essay
What adjective best describes and defines me - Essay Example However, before delving into a personal analysis of why this word appropriately defines me, it should be considered that for purposes of this analysis, the term motivation and/or motivated will be defined as follows (per the Merriam Webster Dictionary): ââ¬Å"to be provided with a motive or incentive for actionâ⬠(Merriam Webster Dictionary 2005). It is of course understood that motivated in and of itself is not an effective solitary definition of who I am and how my personality is exhibited to others. However, as a result of analyzing myself, motivated was the singular term that I kept coming back to in seeking to find an appropriate adjective that most appropriately encapsulated who I am and how I approach life and all of the situations it offers. Though many alternative definitions necessarily exist, the term motivated, as it will be analyzed within this analysis is appropriate to defining my personality not due to the fact that it can be used in explaining behavior with regards to academic studies or relationships alone; rather, it serves as an all encompassing term that helps to define how I integrate with the world and define whether or not a given item is of worth and/or how/if I should pursue it. Whereas it is true that many people are profoundly impacted by the way in which their parents instilled values in them or the environment in which they were raised, it is my belief that the motivation that exists within me is as much a product of my own unique identity as the color of my hair or the shape of my own nose. This belief is due to the fact that I have exhibited signs of motivation from early childhood and continue to exhibit them well into adulthood. Whereas many children are briefly blinded by a particular idea and set out to pursue it for a period of time until losing interest, the same cannot be said for me with regards to reviewing my childhood. Taking my interest in music as an example, I
Patriarchy, the System Essay Example | Topics and Well Written Essays - 2000 words
Patriarchy, the System - Essay Example However, Johnson would want to show to us that these would not be able to present us the actual working social patterns in the society. In order for us to better grasp the vital thoughts of Johnson about patriarchy, being acquainted to the idea of a system, participation and resistance are important concepts that highlight the presence of male privilege and female gender oppression. We shall be able to discuss them in concrete and great detail for us to take hold of the ultimate concept that Johnson would want to share with us. The article entitled ââ¬Å"Patriarchy, the System: An It, Not a He, a Them, or an USâ⬠is the actual work of Johnson depicting rich information about patriarchy as a system and how systematic male gender privilege informs sexism. This work is the actual reference of all the concepts and thoughts integrated into the work at hand. This paper explains what Johnson means by Patriarchy, the System, elaborating how male gender privilege and female gender oppre ssion consist of more than simply the actions of individuals. The work at hand also involves examples for us to understand how systematic male gender privilege informs sexism. ... nge of this system, but Johnson believes that the individual choices of actions could make a difference, and even could possibly initiate total system change. Johnson started to define Patriarchy as a system by elaborating some examples of other systems like capitalism and the game ââ¬Ëmonopolyââ¬â¢. For Johnson, in a capitalistic society, every worker has less power to level up with the capitalists and would never have any chance to exercise what they would want to do even if they could (p. 30). The reason is that they are strongly confined within the system that everyone is doing, and so it is hard for an individual to deviate from the entire working system. In a capitalistic society, the rule is to gain, no matter how detailed personal convictions may internally protest or showcase disapproval. For as long as the ultimate goal is achieved in the end, the whole system can be said that it conspires to create a necessary output. In addition, Johnson also provides a detailed exa mple by explaining the working concept of a game called ââ¬Ëmonopoly.ââ¬â¢ According to Johnson, this game manifests actual working system, which aids the individual player to best the opponents. The purpose of the game is to win, but prior to winning, there is an actual system that everyone should participate and show no resistance particularly with the working rules (p. 34). The important points that surface in the above two examples are the actual concepts of ââ¬Ëparticipationââ¬â¢ and ââ¬Ëleast resistanceââ¬â¢ that could help us elaborate the complex system surrounding patriarchy. According to Johnson, socialization is a mechanism for training people to participate (p. 37). As we therefore participate in social systems, we are shaped as individuals leading us to participate in social life via
Four Seasons Research Paper Example | Topics and Well Written Essays - 1250 words
Four Seasons - Research Paper Example 3). Vivaldiââ¬â¢s Four Seasons is distinctly one of the most outstanding works done by Antonio Vivaldi. The song has been used in various movies like; A view to kill, Tin cup, White Chicks among others (Atrium Musicologicum Para. 1). Four seasons has four distinct musical pieces from an orchestra and solo violinist. It signifies the different activities, sounds, atmosphere and weather of the four seasons; Summer, Spring, Winter and Autumn. Despite them being different and each complete by itself, they are designed to perform together (Squido.com, Para. 5). Notes and Historical information Four Seasons by Vivaldi was published in 1725, in a concerto composed of twelve sets referred to as The Test of Harmony and Intervention. Each concerto is in a separate variety of fast-slow-fast movements. Four Seasons by Vivaldi appealed more to the French. That is why King Loius XV loved the ââ¬ËSpringââ¬â¢ and authorized it to be performed at the most unanticipated moments (Green Para. 2 ). The period when the Four Season was produced was known as the Baroque era. This era came after the renaissance and middle Ages where there was a large audience for European music that was accompanied with religious hymns. The Baroque era was attributed by the existence of secular vocal music, opera and orchestral music. Based on their texture, the four seasons were unique in the manner that; ââ¬Å"Springâ⬠being one of the seasons was characterized with a Tutti. This represented the arrival of the season, next was the first solo which depicted the greeting from the birds, it followed that the next episodes were related to breezes and a thunderstorm. The solo was also characterized by the existence of a second set of violins. This represented the sound that was produced by the leaves and branches and the viola in the set represented his ââ¬Å"faithful dogâ⬠as it was constantly repeated in the set. It should also be noted that the ââ¬Å"barkingâ⬠was not original ly part of the sonnet but part of the viola part instructions. The set also had an amazing dace part where it represented the inclusion of droning basses. ââ¬Å"Summerâ⬠season set was showcased by the opening bars and represented by the sun and a sweltering ââ¬Å"man and flockâ⬠(Laphil, ââ¬Å"Antonio Vivaldiâ⬠). The first solo consisted of a violin which was accompanied with ornamented and unique cuckoo notes. It was then followed by a turtledove and goldfinch, and rustling of the gentle zephyr breeze, which is joined by the violent north wind (Laphil, ââ¬Å"Antonio Vivaldiâ⬠), where the wind has a theme that characterizes the smooth entrance of a shepherd. The shepherd is describes by the music as being fearful that a storm is about to hit the earth and this fearful state was depicted in the form of diminished musical chords. Summer was also characterized by the onset of buzzing insects in the air and the shepherd was listening to them with the mentality a nd thought of the thunderstorm that were about to be experienced. The final set of this portion was that that was related to the actual storm. ââ¬Å"Autumnâ⬠was the next season among the four seasons by Vivaldi. It was initially depicted by a dance that was linked to harvest. The individuals enjoy the harvest and they win and dance. They also enjoy the fresh air and rest as they reap their hard
Thursday, October 17, 2019
How to Teach English as a Second Language (ESL) Students to Read and Research Paper
How to Teach English as a Second Language (ESL) Students to Read and Reading Comprehension - Research Paper Example Effective instruction needs to include the development of thinking skills as well as the teaching of learning strategies that will help them do so. The Role of the Ll in Instruction One way in which to encourage students to have confidence in their abilities is to promote the use of the L1 in the L2 reading program. This enables the learners to access and apply any existing L1 knowledge to the L2. From a socio-linguistic viewpoint, this meets the criteria for the Ll- L2 transfer continuum and constitutes positive rather than being what was referred to in the past as negative interference of the Ll (Chamot, 2004; Chamot, 2005; Shanahan & Beck, 2006). Direct Instruction of Basic Decoding Strategies In addition to incorporating the Ll in the reading tutoring program as a way to facilitate positive transfer and provide student participants with a means for accessing and sharing background knowledge and personal experience, teacher should also place an emphasis on the direct instruction o f basic decoding strategies. In discussing the relationship between bottom-up strategies and reading ability, Stanovich (1980) and Grabe (1988) argue that reading is more dependent on the speed with which a reader can recognize words and construct a representation using bottom-up skills than on the ability to use top-down skills to make predictions about the text. Grabe (1988) concurs with Stanovich's (1980) position when he states, "There is a need for a massive receptive vocabulary that is rapidly, accurately, and automatically accessed - a fact that may be the greatest single impediment to fluent reading by ESL students" (p. 63). According to Chall, Jacobs, and Baldwin (1990), there are a number of effective methods for teaching vocabulary, including those methods that emphasize direct instruction as well as those that rely on the acquisition of vocabulary through wide reading of increasingly difficult texts. An example of this latter methodology is the whole language approach, w hich proposes that basal readers and the teaching of skills be abandoned in favor of real literature and a combination of reading and writing (Chall, Jacobs, & Baldwin, 1990). While Chall, Jacobs and Baldwin (1990) found this strategy to be effective with certain groups of readers, they also noted that there is still a need to focus on basic skills and to make use of a combination of reading textbooks (basal readers), workbooks, and wider reading in order to achieve optimal results in teaching reading. Brisk and Harrington (2000) also address the debate over the merits of skill-based and meaning-based approaches, and they point out that neither approach should be embraced to the exclusion of the other. Rather, "literacy uses need to make sense in order for students to acquire and develop them. In turn, students need skills to make use of literacy" (Brisk & Harrington, 2000, p. viii). Snow et al. (1998) further emphasize that "literacy programs should be designed to provide optimal s upport for cognitive, language, and social development, within this broad focus; however, ample attention should be paid to skills that are known to predict future reading achievement" (p. 9). Specifically, there is a need for inexperienced readers to concentrate on the connection between letters and
Wednesday, October 16, 2019
Cultural issues in management Essay Example | Topics and Well Written Essays - 1500 words
Cultural issues in management - Essay Example Key issues in International HRM In the contemporary environment of competitive business, expanding business must understand the changing socio-cultural background of the country, where one needs to establish the business interests. Social scientists assert that national cultures are vital elements that determine the negotiatorââ¬â¢s assumptions and help evolve business strategy based on behavioral pattern (Cohen, 2004; Rubin & Sander, 1991). China has a culturally distinct economy. The socio-cultural value systems are vastly different and business practices are very sensitive to behavioural pattern and intrinsically linked to their socio-cultural value system. Dowling et al (1999) argue that Chinese socio-political and cultural environment is complex, especially as Chinese nationalism remains key obstacle for foreign firms and poses serious challenge to their IHRM. Many scholars strongly support use of local talent and resources as important part of joint ventures that promote loc al economy as people prefer to deal with local professionals rather than expatriate managers (Schuler, 2001; Poole, 1999). This is a highly pertinent issue for foreign firms as they tend to spend huge amount on training and cross-cultural adjustments. There is lot of conflict if the expatriate manager tries to impose his/her own values on the local people. Chinese culture promotes ââ¬Ëguanxiââ¬â¢, a shared language and a shared culture, where Chinese employees prefer to interact with people who are well versed in their language and culture (Dunning & Kim, 2007; Chen & Starosta, 1998). Thus, IHRM has huge responsibility vis-a-vis managing its human resources and optimizing performances when their business has to be conducted with Chinese, within or outside China. The need to understand the Chinese...Microsoftââ¬â¢s HR strategies were highly creative which were able to exploit human competencies. It promoted a facilitating organization culture that emphasized cross-cultural u nderstanding, trust-building and mutual respect. Preparing cross cultural teams Microsoft promoted multicultural team. Microsoftââ¬â¢s success in China was mainly due to their understanding of Chinese culture and people which was exploited by the HR leadership. Negotiation Business negotiations are intrinsic part of corporate strategy which is designed to reduce conflicts and promote mutually satisfying partnership contract vis-à -vis business goals, financial outcome, terms and conditions, scope etc. In international business across national borders, negotiations are sensitive issues due to different value system, socio-cultural perspective, currency, legal paradigms and market conditions. Culture is integral part of negotiation. Effective CI practices CI practices are intrinsic part of global business planning which rely on information gathering regarding various aspects of business in countries which are perceived to have huge potential for business expansion (Adidam et al, 2009). China, being a major developing economy with vast potential, is highly attractive for foreign businesses. IHRM practices must be dynamic for effective negotiation and running of businesses in countries like China which offers huge opportunities.
How to Teach English as a Second Language (ESL) Students to Read and Research Paper
How to Teach English as a Second Language (ESL) Students to Read and Reading Comprehension - Research Paper Example Effective instruction needs to include the development of thinking skills as well as the teaching of learning strategies that will help them do so. The Role of the Ll in Instruction One way in which to encourage students to have confidence in their abilities is to promote the use of the L1 in the L2 reading program. This enables the learners to access and apply any existing L1 knowledge to the L2. From a socio-linguistic viewpoint, this meets the criteria for the Ll- L2 transfer continuum and constitutes positive rather than being what was referred to in the past as negative interference of the Ll (Chamot, 2004; Chamot, 2005; Shanahan & Beck, 2006). Direct Instruction of Basic Decoding Strategies In addition to incorporating the Ll in the reading tutoring program as a way to facilitate positive transfer and provide student participants with a means for accessing and sharing background knowledge and personal experience, teacher should also place an emphasis on the direct instruction o f basic decoding strategies. In discussing the relationship between bottom-up strategies and reading ability, Stanovich (1980) and Grabe (1988) argue that reading is more dependent on the speed with which a reader can recognize words and construct a representation using bottom-up skills than on the ability to use top-down skills to make predictions about the text. Grabe (1988) concurs with Stanovich's (1980) position when he states, "There is a need for a massive receptive vocabulary that is rapidly, accurately, and automatically accessed - a fact that may be the greatest single impediment to fluent reading by ESL students" (p. 63). According to Chall, Jacobs, and Baldwin (1990), there are a number of effective methods for teaching vocabulary, including those methods that emphasize direct instruction as well as those that rely on the acquisition of vocabulary through wide reading of increasingly difficult texts. An example of this latter methodology is the whole language approach, w hich proposes that basal readers and the teaching of skills be abandoned in favor of real literature and a combination of reading and writing (Chall, Jacobs, & Baldwin, 1990). While Chall, Jacobs and Baldwin (1990) found this strategy to be effective with certain groups of readers, they also noted that there is still a need to focus on basic skills and to make use of a combination of reading textbooks (basal readers), workbooks, and wider reading in order to achieve optimal results in teaching reading. Brisk and Harrington (2000) also address the debate over the merits of skill-based and meaning-based approaches, and they point out that neither approach should be embraced to the exclusion of the other. Rather, "literacy uses need to make sense in order for students to acquire and develop them. In turn, students need skills to make use of literacy" (Brisk & Harrington, 2000, p. viii). Snow et al. (1998) further emphasize that "literacy programs should be designed to provide optimal s upport for cognitive, language, and social development, within this broad focus; however, ample attention should be paid to skills that are known to predict future reading achievement" (p. 9). Specifically, there is a need for inexperienced readers to concentrate on the connection between letters and
Tuesday, October 15, 2019
Outline Christian teaching on Wealth and Poverty Essay Example for Free
Outline Christian teaching on Wealth and Poverty Essay Christians believe that wealth is neither completely good nor bad. Wealth can be a big advantage to those in need an example of a good use of wealth would be building houses and shelter for the homeless, wealth can also promote corruption in our world, providing the incentive for some to abuse their wealth, an example of a bad use of wealth would be buying weapons to commit violent acts. Other sinful things that are cause by wealth are drugs, gambling and prostitution. When people have a lot of wealth they usually commit some of these sins or all of them. Christians also believe that wealth is a good thing, but greed is not. If a wealthy person becomes greedy they start hurting the people among them in order to earn more and more wealth. It is easier for a poor person to give up à £1000 if thatââ¬â¢s all they have than a greedy person to do so. Christian teach that wealthy people should be good stewards with their wealth. By this they mean that people have to use their wealth for everyone in need. Also they believe that a persons possessions have a rightful owner which is God. Jesus looked around and said to his disciples, How hard it is for the rich to enter the kingdom of God!. The disciples were amazed at his words. But Jesus said again, Children, how hard is itto enter the kingdom of God! It is easier for a camel to go through the eye of a needle than for a rich man to enter the kingdom of God.. Mark 10:23-25. In this quote Jesus is not directly saying that by being rich you wont get into heaven. He is telling them that by being rich it can lead to people not going to heaven. Also he is telling his disciples that the way people use their wealth defines if they are going to heaven or not. He compares the fact of a rich man going to heaven with a camel entering the eye of a needle. He uses this comparison to make believe that if someone becomes rich it is impossible for them to store riches anywhere else except here on earth. Lastly Christians believe and teach that all wealthy people should give to charity and other people who are in poverty. They also believe its their duty to give to the poor as God has given them all this wealth.
Monday, October 14, 2019
Impact of Privatization on Firms Performance
Impact of Privatization on Firms Performance 1.0 Introduction Privatization throughout the 1980s has been considered to be the solutions to the problems associated State Owned Enterprise (SOE)s both in the developed and developing economies and even in the socialist economies (Vickers and Yarrow 1995). In reality privatization is an economies policy and other times a political policy that is difficult to achieve mostly when is implemented in a corrupt setting like in most developing countries. However it is wise for a competitive and well regulated business environment structure to be established before privatization takes place. In recent times there has been a significant increase in the privatization of SOEs. Megginson et al (2004), suggest that political persuasion by government as a result of poor and unsatisfactory financial and operational results by SOEs has cause the transfer of ownership to private investor who will impact their business discipline in order to improve the level of performance for the newly privatized SOEs. While Aktan (1995) suggest that privatization goes beyond the sale of SOEs, assets or shares to individuals or private firms but in a broad meaning, it is to restrict government role and function in providing economic activities and put forward some methods or policies in order to strengthen free market economy. Privatization is often meant to be the transfer of control and ownership of government asset or firm to private investors. It could be partial or whole, through private placement or public offer of share via the capital market as well as through the distribution of vouchers. The major purpose of privatization is to grow and develop the economic by creating competition that can bring about efficiency ***. It will be right for the logical argument of this research study to compare or examine the different view of academics on what privatization means. Parker et al (2005) states that privatization is used to cover many arrays of different policies like liberalization, commercialization but in one of its studies, Privatization in Developing Countries: A Review of the Evidence and the Policies lessons, suggest that privatization means the transfers of productive asset from the state to the private sector, but also stressed that the most important factors to be considered is the introduction of effective competition and regulatory measures alongside with existing firms and for government to accept the political changes that occurs when privatization takes place. While, Beesley (1997) suggest that privatization is the formation of a companys act company and the subsequent sale of at least 50percent of the total shares of a company to private shareholders. However it is obvious now that privatization starts with the government transfer of its assets or a controlling share to private investors or shareholders in order to stimulate econom ic development. Privatization as an inherent part of government efforts to rationalize the SOEs. Its mostly done to reduce the burden on National Budget, improve efficiency of individual enterprise and ensure wider distribution of business ownership among its citizens and other foreign investors. However in most cases it brings about the introduction of market force (Demand and Supply forces) into the economy. Privatization can be set up to achieve different objectives depending on the Political, Economy and Social condition of each individual Country. This is due to the fact that what is applicable in the UK for instance will most likely not applicable in Russia due to the differences in techniques or method of privatization, general government objectives, SOEs condition, firms sectors activities and the countries characteristics. According to Bennett (2003) there are different methods used during privatization, either one used has its own advantage and disadvantage. The share option method is the mostly used method, it involves the sales of SOEs through the issue of shares to the public through stock market. For this method to be successfully implemented, the local country privatizing its SOEs must have an established Stock market where the trading of these shares should take place. Also there should enough public awareness to sell shares. While the private placement option which involves the sale of SOEs to the highest bidder helps government rise substantial revenue but the issues involved here, is the highest bidder will always want to get back their money back in time by exploiting the consumers. This option is mostly done in developing countries where there stock market is still very weak and there are trying to get foreign investor to invest. Lastly the voucher method which is common with Eastern Europe an countries like, Russia, Czech Republic etc, tends towards alleviating poverty. It involves the allocation of SOEs shares to virtually all local qualified citizens of a state in order for both the poor and rich to be co-owners of the SOE. But in most case the poor ones are more likely to sell their share to the rich one who will then have a controlling stake. 1.1 Background to the Study The telecoms industry is a sizable sector offering a wide range of products and services as well as employment opportunities across virtually all professional, skilled and unskilled discipline in the economy. However the industry has expanded and develop rapidly since late 1980s, in the 1990s and even more rapidly in most recent times due its consistency in constant need for Research and Development (RD), technological change on both the service providers and suppliers sides respectively in other to satisfy its market and be more efficient to maximize profitability. The telecommunication industry whether in a developed or developing economies has had its impact towards the growth and development of virtually all parts of an economy ranging from the political, social, financial, technological sectors over its 100 years of existence. However like every other service providing sector, it provides services to the local market and international market where business strategic is always aimed at gaining competitive advantage in the existence of competition and tight regulatory business environment in terms of providing service to users, expanding its economies of scale and scope and equity expansion. Many countries grant monopoly power to their local telecoms but establish an office that will regulate their activities and in other cases some merge their postal services and telecoms services together, example is the United Kingdom (UK). The UK Telecommunication has been in existence dating back to 1879, with its first telephone exchange established in Coleman Street, London. 1896 saw the Post Office take over the private sector trunk services while in 1912, all national telephone company exchange was controlled by the Post Office as a monopoly supplier of telephone service in the UK. The Post office had two departments the postal service and telecom. As a rule as stated by Ratto-Nielsen, telephone operations, the postal service where subsidized while labor union where paid high rents to organize labor. However in 1969, the Post office become a State Public Corporation and after the Carter Report of the Post Office Review Corporation was published, the 1981 the British Telecoms Act 1981 became law and the postal and telecoms of the Post Office became the responsibilities of two separate Corporation namely; The Post Office and British Telecoms (BT) Cable and Wireless, which was privatized. While BT was created as a Public Corporation charged with the responsibilities for Telecommunications, Supplies, Installations and Maintenance. The first competitive rivalry in the industry was the granting of license in 1982 to Mercury Communication Limited (MCL) to operate a fixed Link network in order to compete with BT. This only made a little impact as BT has a huge competitive advantage over MCL because it already had the market share, established and experienced Skilled employees and existing contracts with leading telecoms equipments manufacturers and service providers to operate and even if a year later both where give the advantage to operate without rival firms providing fixed link networks in the UK for seven years The Government White Paper published, proposed for the sale of 51percent of BT and the creation of a telecoms regulatory body, to be named Office of Telecommunication (Oftel) whose duties where to supervise all the activities going on in the telecoms industry and to also prosecute those who do not comply with the set rules and regulation of the industry as well as protect services users from exploitation. Two years later Oftel was signed into law and then administration of Margret Thatcher creating BT as a Limited Company wholly owned by the Government as BT Plc but was later privatized by selling off 50.2percent Shares to the Public. BT is one of the world oldest telecommunication Firm and dates back to be the first ever British telecom firm which also had the sole monopoly of providing telecom services in the UK with the backup of British Government. During the period, from 1878 the UK telephone service was been provided by the private sector companies, National Telephone Company (NTC) who were also faced with competition from the General Post Office (GPO) and in 1896 the GPO took over operation of the telephone service from and became a monopoly market for the in 1912 controlling the entire telecoms market in the UK. In 1965, some finding made by a working party was presented to the government which there found substantial enough. This lead them to split GPO into two divisions; the Post and Telecommunication which gave birth to BT and five units Post, Telecommunication, Savings, Giro and National Data Processing Services respectively. The Post Office act of 1969 made the Post Office to be controlled by the government and established as a public corporation. This gave them the sole right to run the telecoms system with listed power to authorize others to run such systems. However the Post Office retained its telecommunication monopoly. The Carter Committee of 1977 suggest for the restructuring of the Post Office into two separate units and further renaming of the Post Office to British Telecoms but it also remained a part of the Post Office. In 1981, the introduction of British Telecommunication act transfer the provision of telecommunication from the Post Office as a resulting establishing two different corporations a bold step to create competition in the utility industry (Telecoms). This empowered the trade and industry ministry and the British Telecoms the right to grant Licenses to other telecoms operators to run telecommunication systems therefore creating competition in the sector. However, in July 1982 the government officially announced her intention to privatize BT by selling up to 51 percent of BT shares to private investors. In 1984, more than 50 percent of BT was sold to the public through share option, then the largest ever most successful SOE privatization exercise in the history of privatization leaving the government with just forty 47.6 percent. This was about the most radical and the largest scale privatization exercise ever had in the history of Britain. However most investor where scared that it was going to fail. It was but in 1991 the government share of BT was reduced to 21.8 percent by rising up to à £5 billion and creating about 750,000 new shareholders of BT. In reality, the privatization of BT opened the telecoms market for other operates to come into the market, invest in the sector and breaking the monopoly advantage had by BT over the years by fighting for market shares through intense competitive business environment. This however forced BT into having fairer business policies, improved technology to optimize productivity as well as to raise its level of efficiency as government regulatory body would introduced a price cap system. On the other side this allowed other firms to spring up and compete with BT in the telecom sector bringing about maximum utilization of available resources, cost cutting and efficiency. Telecoms consumers where the most rewarded people as operator gave them the best deals ever in order to gain market shares. BT Plc is now run in over 170 countries all over the world and faced with about 150 other telecoms operator. This has forced them virtually to constantly to research and develop their existing technolog y as well as acquire new ones in order to keep pace with their consumers new and market share. 1.2 Rationale for this Study In this research study aims to examine the impact of privatization in the telecom sector in the UK post privatization era. Also it will examine if the method of privatization contributes to both the operational and financial performance*** 1.3 Objectives to the Study My objectives will be subdivided into two sections aimed at determining to what extends privatization affected BT performance in terms of one; financial performance By looking the determinants working capital management, Share price movement and it covariance relative to the telecoms sector and FTSE 100 and Financial annual report Secondly; operational performance Level of efficiency Market Share strategy Competition and Regulation 1.4 Limitation There are inevitable limitation to this research study caused by the different economy situation post privatization era of BT. This can be ranging from some systematic economy problems to specific economy problems that can either be a general issue associated with all other sectors of the economy or rather that has to do alone with the telecoms sector or BT performance over time. Also political issues that arise for political interference in BT or the telecom sector which can either be from change of government. Finally as a research study there will be minor statistical error but this research study still represent a substandard measurement of BT post privatization operational and financial performance within the very dynamic, rapid, competitive and volatile telecom sector indices and the FTSE 100 at large. 1.5 Research Questions Why would one witness a difference in performance in terms of operational and financial factors when a firm is managed by government compared to when been managed by the private individual or investors? 1.6 Structure of the Study In Chapter two, this study will focus on the methods of privatization while chapter three of this research is literature review which includes theoretical framework and a review of relevant literatures. The theoretical framework will look at the different theories of privatization, how those theories where applied during privatization and the impact it had in the telecoms sector. Also the literature will critically review the impact of privatization in the telecoms sector focus mainly on the operational and financial performance of SOEs before and after privatization. While Chapter four will discuss the methodology adopted to achieve this study. Chapter four will be analysis of datas and stating of findings. Finally Chapter five would be conclusion. Chapter two 2.0 Methods of Privatization 2.1 Introduction This chapter will focus on the different methods of privatizations ranging from share issue method to voucher or the mass method and finally the asset sales method. It will also discuss the justification why a particular method is chosen rather than the other toward the achievement of privatization exercise and finally the advantage and disadvantages of each method used. 2.2 Share Issue Method This method of privatization involves the sale of all or part of SOE to investor through a public share offer which are similar to initial public offer (IPO) in the private sector via the stock market. This is structured to raise money for the government, divest them also from ownership and for them to achieve political objectives. However in the words of Megginson (2005) this method is the largest and most successful method to transfer SOEs to private ownership. Yet it is the most dramatic because if it turns out successfully or fails respectively it becomes the most political and economy bad or good decision depending on what happens. However, the process of using this method involves the passing through three steps; How to transfer control: This involves whether to sell the whole SOEs strategically to the public once or step by step. If the last option is chosen then government will have to determine what percent should be sold initially and subsequently but the most important thing here is for the government to put up tight regulation to control corporate decisions after the privatization exercise. How to price the offer: The pricing decision requires whether government should do the pricing by tender offer, a booking-building exercise or a fixed price but whatever the decision government makes it must be in advance. However the government always issue out SOEs share below the true market value as an incentive to encourage investors to buy shares. Finally, how to allocate the shares: This depends on who the government intends to favor most, it could be the employees, labor unions or potential investors and even foreign investors. Also it could make use an investment banker as lead underwriter or favor national champion. Meanwhile this method of privatization needs the existence of a capital market and also has some comparative advantage over the other methods which is rationale behind why it can be used in some situation rather than the others. In most case SOEs share prices are underpriced relative to the market price, hence foregone government revenue that will make investor make a premium on top of there investment The needs to expand the stock market operational capacity to accommodate new issued equities Advantage Can raise huge amount of revenue for the government The strategy employed can be use to create wealth evenly for local investors by allocating a set percentage of share to every region within the country. This usually occurs in situation where there is less inequality of income The use of share option, most likely develops the capital market. It is also used when the SOE to be privatized is large and profitable. For example BT, It also transforms the size and efficiency of both the nations investment banking sector and its capital market. Disadvantage It is time consuming to organize It is extremely expensive to coordinate due to the fact that before the share are put to sale the government have to hire and pay consultants 3. Transaction cost is another issue. It include cost of sales, advertising, underwriting. 2.3 Asset Sales Method This method involve the sale of the whole or part of SOE clearly for cash to individual investors, group of investors or an existing corporation with or without experience in that sector (Meggison 2005). Vuylsteke et al (1995), suggest that transaction here can occur in different forms from direct acquisition by a similar corporate firm or private placement to targeting various institutional investors. However there are different procedures to follow in this method of privatization exercise. This includes; firstly the full competitive process which involves a privatization process of pre-qualification of bidders to win the final bid to take-over the said SOE. While the second procedure involves the use of direct negotiations between investors and government representatives to take-over the said SOE which usually involve the search for a larger number of investors. Both process would usually involve the investor who are either new or have an excellent record of both operational and financial performance in the past. This though is not a major concern for the government or standard to win the bid but can only be as confidence booster for both the government, SOE labor unions and management. However the governments have strict interest in the bidders that can meet their financial requirements as well as all other agreement without violating. Advantages It brings about a speedy and flexible negotiation towards the sales of SOE between the individual or group of investors and the government body that is interested in the transfer of the SOE to private hands. It can yield more revenue for the government as the highest bidder wins the ownership of SOE to be privatized It is the most reliable method of privatization in economies where the stock market is underdeveloped as well as encourage to a great extend property right theory. It attracts Foreign Direct Investment (FDI) cash flow income into the economies of the local country. It can also bring about innovation in technology, management skills and expertise especially when these SOE are bought over by foreigners. Disadvantages It is the least transparent method of privatization as the government might only target to sell to the group of investor that favors they own political objectives. It can bring about exploitation as the new investor might be under pressure to pay back loans and t the same time maximums profit within a short period of time. The group of investors or individual investor might not have the required technical expertise or skill and experience to run the new privatized SOE. These are mostly common with local investors favored by the government or are new in business. 2.4 Voucher Method This is also known as mass privatization, usually common in Eastern Europe. It is a method whereby eligible citizens of a nation can use vouchers that are distributed free or at nominal cost. This gives holders the right to bid for stake for SOEs or other assets been privatized. This method is mostly used in transition economies like in the Central and especially Eastern economies respectively to bring about fundamental change in the ownership of business asset in these economies, although not always change in effective control (Meggison 2005). However, low income distribution level prompted most nations in Eastern Europe to adopt this method of privatization as it became clear that the only viable way to privatize and maintain significant domestic ownership was the voucher method if not only individuals with the wealth to acquire shares which were communist, criminal and foreigners would buy up everything. (Parker and Saal 2003) This method of privatization as suggested by Boycko, Shleifer and Vishny (1994) shows that the reason to purse and specifically design the program is largely dictated by politics. This involves the divestment of SOE through the distribution of vouchers to a nations citizenry that people can use to bid for the SOEs on offer. This method has been used in mass privatization exercise programs mostly in transaction economies in the Czech Republic, Russia and other Eastern and Central Europe countries. However this method has been really successful in the past but most recently are failing because there do not attract new capital or management to the privatized SOEs. Experience has also shown that it do not provide effective ownership structure for the new privatized SOE instead insiders end up controlling most of the more valuable companies and ordinary investors receive claims of the weakest and least promising SOEs. Advantage It ensures a wide share of shares ownership, where as a lot of people would have been too poor to buy and own a share. Disadvantage It yielded no cash inflow to the government or firms and thus there were no transfers of technology, capital and expertise from foreign investors or multinational companies to the privatized companies. It also gave the new owners of the privatized who where existing managers and employee little incentives to effectively restructure the firms operation and reduce the amount of staff needed in order to cut cost. In most cases, government never gave up the full control of important privatized companies to private owners other than managers because government still heard a majority shareholding and thus felt that the firms will be too strategic to be left unsupervised. This was because government wanted to ensure that no serious staff cut which would have impact on operational restructuring as the exercise was politically rational but economically deliberate. Government allowed the politicization of credit extension also made the newly privatized firms continue to enjoy soft budget constraint for an infinite amount of time also contributed to one of the weakness of voucher privatization. 3.0 Theoretical Framework and Literature Review 3.1 Introduction The privatization of SOEs has over time been a big and important issue in the growth and development of the economy. This has lead to the development of many theories which explains the ideas behind what is expected in principle and practice in privatization exercise. This chapter will however discuss the relevant theoretical and empirical literatures of this research study objectives and rationale. This involves critically examining the theories that have been developed over time by different authors and how their impact privatization as regards the objectives of this study. This will also state why privatization is vital for the growth and development of some sectors and why, it will not in some other sectors within the economy. Finally, analysis on how privatization affects the performance of a firm will also be discussed. 3.2 Factors Determining Privatization SOE were highly inefficient and grow at a very slow pace, too much bureaucratic issue can cause no room for quick decision making, innovative changes. Also constant government political intervention as well as administration changes is an issue. It is also over dominated by the power of Labor Trade Union (Veljnovski 1987). However after the successful privatization of BT in 1984 by the Thatchers administration, it became an economic policy that can be used to reduce the financial pressure on government budget as well as the concern to prevent SOEs from failing in terms of its inefficient use of financial and operational resources. But could this be a means to wealth creation for investors, who through the spread and acquisition of shares ownership, restructuring and refocusing of SOEs economic objectives as well as cutting of trade labor unions influence and power will see SOE to maximize both there operational and financial performances. An argument that must be stressed here is that of the difficulty in interpreting the indictors of both operational and financial performance of SOEs post privatization within and outside the business environment economy. Take for example; poor financial performance may be consistent with high rate of internal efficiency if the formal is as a result of government policy of price control. However, since SOEs frequently respond to anticipated market failures, profit maximization and similar related measures might not necessary, be a reliable indicator for their poor performances over time (Ramanadham 1993). Rather this study will support that failure of SOEs, could be as a result of rapid demand for their goods and services faced by their steady but slow growth to reach maximum productivity movement rather than to totally shift production function to meet all demands and avoid poor operational and financial performance. Yarrow (1986), however argued against privatization stating that competition and more forceful accountability will even be better than privatization in promoting both financial and operational efficiency but his argument has a limitation, it only focused on a small number of company within UK. Ramanadham (1993) pointed out that the objective of privatization is realized more if it becomes successful within a short period of time either by stock market price rise or increase in the level of efficiency or productivity bringing about instance economic growth and development. But when reverse is the case (if it fails), which happens some time it even makes privatization more undesirable. So it is best re-engineer SOE by over hauling it, as well s to set up a transparent regulatory frame work to remedy what might be a failure when the objectives of privatization are not met as anticipated in order to level the firms operational and financial performance post privatization. In a further argument by Megginson et al (1994) whose strong support from recent theoretical and empirical perspective, that private firms will always outperform SOEs stating that privatization itself will always increase both the financial and operational efficiency of firms irrespective of the business environment. While another view by Moore (1992) who argued that the act of privatization promotes economic efficiency and public confidence (one of the major objectives of property right theory) in the system of industrial capitalism and thus SOEs should be sold off before efficiency gains can be realized. He also argued that the success of privatization transforms business attitude towards ownership, economic responsibility and towards the improvement of corporate performances. It also allows government play an important role of regulation the business environment leaving the ownership of firms in the hand of investors and individuals who will perform better as there are faced with scare resource and market forces. It is clear now that different factors can lead to privatization especially when SOEs has underperform operationally and financially causing political pressure, budget deficit and waste of scare resource for the government and even to the extent of administrative failure. 3.4 Evaluation of the theories of Privatization Principal Agent Theory Vickers and Yarrow (1995) points out that a problem exist in the principal agent theory as the principal interest greatly lies in profit maximization and high return for investment therefore this aim might conflict with that of the agent who might pursue other objectives apart from profitability. Further stating that since the formal do not have full information concerning what is happening within the SOE and cannot fully control the attitude of the agents who might be over ambitious and purse his own objectives, this will certainly create monitoring problems for the principal. This in fact creates both financial and operational problems directly or indirectly.** However when shareholders can influence the behaviors of agents (management) through vote as the only way to keep them in check, the agent might however work at a more efficient level and focus on a set objective towards profit maximization. On the other hand when the rate of efficiency increases, it leads to higher revenue which is mostly one of the objectives, to brings about higher income and dividend for its shareholders.** Property Right Theory This is a set of right to control assets. It is a consequently grants of authority made to an investor or a group of investors through right of issue of share or control either public or private and acknowledged by other persons or organizations (Lindblom, 1977) De Soto (2006) argues that lack of formal property right is what has kept developing economies from been developed stating that it limits the amount of goods and services that can be exchanged in the market in order to have a sustainable long term economy growth. While Easterly (2001) opinion is quite similar to the views of Soto, Easterly suggests that property right is a s
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