Central bank Assignment Example | Topics and Well Written Essays - 1000 words

Central bank - Assignment Example Low education levels as well as underdevelopment are also a common feature in these countries and thus making them depend on foreign labour. In a strive to improve their economy, the GCC countries have tried to diversify their economic activities after realizing that the natural resources are in the process of getting depleted and therefore inculcated capital intensive projects (Cobham & Ghassan 2011). Although most investments are done nationally, it is evident that all these countries have a common goal and thus face a common problem of acquiring capital. In response to this the financial sector, which plays a critical role in economic diversification, the GCC countries have taken the initiative to develop it. The development of financial sector has been done individually with each country operating guided by its own principles. However in2009, the central bank of the GCC was proposed that would collectively operate across the whole GCC region. The GCC banking system is more of a w eb of different structures and situations rather than a homogeneous block. This is contrary to all other economic activities that tend to be common. It is to this reason that the central bank was formed (Cobham & Ghassan 2011). . ... However the location of the central bank of GCC is completely different from that of the European central bank. This creates a doubt on the overall efficiency of the proposed GCC central bank. it therefore deems necessary to understand the banks functions and objectives as well as its pros and cons, that is sources of failure as noted by other people. Discussion Structure The proposed GCC central bank will be a central bank for a common currency to be established in the GCC region. Its capital stock will be owned by the central banks of the major countries, dividing it according to their GDP ratios. Since the bank has not been established yet, its headquarters have not been stated clearly. As the GCC is located in the Arab region with almost every member country being Muslim dominated, then the bank has to take into consideration the Muslims way of living in addition to pursuing its usual activities. Relation with European Central Bank Being a multinational financial institution, the proposed GCC central bank portrays several similarities with the European central bank. Firstly, the formation of the bank aims at unifying the currency for the member states. However, there are debates that the GCC region might not be ready for a common currency. The main retardant to attaining the common currency, which also acts as the major difference between the location of the ECB and the GCC central bank is the lack of the political consensus in the latter. A common currency requires a set of common rules and regulation to prevent inflation and other economic disasters that result from inappropriate money supply trends (Cevik, Teksoz & International Monetary Fund 2012). Self-adjusting mechanism has been seen to fail after the 2008

Costing Methods Paper Essay Example for Free

Costing Methods Paper Essay Variable and absorption costing methods are two different costing methods. Almost all successful companies in the world use both methods. Variable costing and absorption costing cannot be substituted for one another because both the systems have their own benefits and limitations (Accounting for management). This paper will complete and discuss exercise 19-17 in Wiley Plus: it will discuss the following questions: In this case, would it be better to use the variable or absorption costing method, and why? In this example Polk Company should use the absorption method, because the absorption only uses overhead that allocates to the 80,000 units sold. Whereas the variable method counts the fixed overhead as a period expense, the fixed overhead during this period is calculated on 95,000 units produced, when the absorption method is used. The variable method just calculates fixed overhead on 80,000 units sold. What are the benefits of the two methods? Both systems have their own benefits and limitations. The absorption method gives management information of product cost this is the main benefit of the absorption method. The benefit of the variable method is it gives an output the mimics the cash flow of the company. Which method would lead to the best decision when a competitor is submitting a lower bid for your product? The absorption method would be best although both methods are used, with variable costing expenses remains the same, and with the absorption method fixed production cost are period cost. Variable costing method helps with demand based pricing. References Accounting for management. (n.d.). Variable costing versus absorption costing. Retrieved from http://www.accountingformanagement.org/variable-vs-absorption-costing/

UFO’s and Alien Life Essay -- Essays Papers

UFO’s and Alien Life For many incredibly interesting years, a certain question has troubled scientists, the government, and actually the rest of the world. Does alien life exist, along with the idea of unidentified flying objects, better known as UFO’s, and if they do, should the government keep spending money on the subject, when life on earth is in such financial trouble? Much research and money has been invested in this wondrous topic, although for the past fifty years scientists still remain clueless about the existence of extra-terrestrials. The history, the research, the encounters, and of course many other content areas, including financial interest puzzle myself and the rest of the world. This paper will involve an in-depth look at those subject areas, along with thier relation to the internet, and hopefully by the end, I will have the mystery of UFO’s and alien life figured out, and then I can share my knowledge with many others. The World Wide Web is full of different sites that relate to UFO’s and alien life. Most of the pages are factual and contain information to enhance people’s knowledge on this very obscure topic. These pages are not trying to sell you anything, not trying to get you to believe a certain thing, but rather just informing the public about UFO’s and aliens through the Internet. If you wanted information on UFO’s before the World Wide Web came about, how would you get it? You would have to go to the library and look up information that was outdated and time consuming. Now you can just type UFO’s into the Net Search box and up pop all different types of sites relating to UFO’s and alien life. There is information from years ago and current information of recent sightings and reportings. UFO... ... it to the best of my ability.(http://rogue.notrhwest.com/~gb1018/paranormal.html) The next time you think you just woke up from a bad nightmare, and thought you were just dreaming about aliens because of the episode of the X-Files you watched two nights ago, think again. Maybe you were abducted by aliens and UFO’s, and maybe you better get on the internet to find out!!!!!!! Works Cited Anonymous, http://rogue.northwest.com/~gb1018/paranormal.html, (14 April 1997). North Kitsap UFO Society Report a UFO In Kitsap Country, http://www.oz.net/~ smoke25/nkufo.htm, (14 April 1997). Lambright, Chris, UFO's: A closer look..., http://www.tcet.unt.edu/~chrisl/ufos. Htm, (14 April 1997). Vallee, Jacques, UFO's are a Hot topic, http://www.phoenixat.com/scott/ufo.html, (14 April 1997). UFO Links, http://members.tripod.com/~andreajp/links.htm, (14 April 1997).

Transgender and Stereotypical Feminine Traits

Emily Johanson First Year Seminar Response Paper #4 Final Version due Monday, Nov. 12 Gender Roles in Transamerica Transamerica is an example of how Hollywood portrays transgender people in film. The movie gets rolling when Huffman who portrays Bree a conservative pre-operative transsexual woman tells her therapist she discovered she had a son named Toby. She has to bail him out of jail in order for her therapist to allow her to have her procedure done in a week. The plot unfolds as they get to know each other driving back to California.However, Toby doesn’t know that Bree is his father. Transamerica reinforces a number of transgender stereotypes, and portrays both main characters with stereotypical feminine traits. Throughout the film, Bree reinforces stereotypical transgender behavior. We see this by her taking her hormone pills every day and just trying to blend into the world as a woman. Many people feel that being a transgender is a mental disorder. In the opening of the movie, Bree is in a meeting with her doctor to get her procedure signed off.He is evaluating her to see if she has a mental disorder. Also, Bree’s mom tried to commit her which led to her suicide attempt. When Joyce Murton came to talk to us, she said that many transgender people attempt suicide, so this was a stereotypical behavior. Also, Joyce told us that she didn’t have a good relationship with her family. We also see this in the film. Bree’s mom still sees her as her son Stanley. When they went out to dinner she even had Bree pull out her chair for her which is a stereotypical male behavior.She also made her switch seats so Toby would be next to her. She is using Toby as her replacement son. When Bree told her she never had a son, she broke down in the restaurant. She feels as though she lost a member of her family. I think this is stereotypical for families of transgender people. Bree and Toby display stereotypically feminine traits. Bree may have been bor n male, but she acts exceedingly female; even her tastes in clothing and home decor are very feminine and old-fashioned.On their drive back to California, Bree and Toby stop and camp out for the night. When Bree goes to the bathroom, she is worried about snakes. This is a typical female trait. Also, for being a guy most of her life, she is really good at talking to boys. For example, when she met Calvin she got him to buy her food and drive her to her parent’s house. He ended up developing feelings for her. On the other hand, Toby’s delicate prettiness underscores his vulnerability, as well as his femininity. Toby acts with his sexuality.For example, when he realizes that he has become attached to Bree, he tells her, â€Å"I’ll marry you if you want,† even though she’s given no indication of any romantic or sexual interest. After the car is stolen by the hitchhiker, he deals with it by finding a guy to do what he knows best. The way that Toby used his body to get money or to deal with his problems is a female characteristic. Most males would use their fists not their sexuality. The film Transamerica reinforces stereotypical transgender people, and portrays both Bree and Toby with stereotypical feminine traits.This film really makes you think about how people react to transgender people. Most people would turn away from them and not hire them for a job. However, Toby shows you a different outlook. Instead of being mad at Bree for being a transgender, he was mad at her for lying to him. The other part didn’t bother him. At the end of the film, he even went to Bree’s house and wants to get to know her better. This was inspiring because it allows people to see that a transgender person is just like everyone else, and they shouldn’t feel like they have to hide who they are.

Analysis of the Carlsberg Advertisements

Analysis of Carlsberg Advertisements Cultural differences and similarities between Denmark and Great Britain Consumer Behaviour RSM353 Chernenko Kirill The following examination of British and Danish versions of printed advertisements of Carlsberg beer is to determine role of culture in advertising and compare and contrast how the same brand is advertised in different cultures. I. Danish printed advertisement The poster shows 4 men in the forest having conversation and smiling, meanwhile everyone has a bottle in a hand.The background shows the connection to wild nature: large green trees together with five fallow dears, a magpie, a fox and a pheasant. The men have been hunting, possibly, and decided to take a break. The idea is to illustrate a moment of relaxation and enjoyment of Carlsberg beer in a good company. The slogan â€Å"Vores ol brygget pa det bedste vi har† (Our beer. Brewed from the best we have) at the bottom, involves different product characteristics. The first part â€Å"Vores ol† awakes the awareness of Danes, because their traditional beer connects people in Denmark.Per contra, the final part focuses on quality of a beverage, which worth to go hunting. The image and the content of a text box creates a unified whole. The advertisement illustrates the traditional myth of drinking beer since hunting is an old tradition and according to the text box â€Å"Only 11% of the Danish hunters are hunting to hunt† which implies social interaction with friends. And, therefore, the social belonging to that particular group is related to drinking beer.Furthermore, Carlsberg beer can be seen as a reward for hard-working process, going beyond the beverage and highlighting old traditional values which express the hunting myth. In addition, a humor takes special place in this print. Relaxed hunters are surrounded by animals, walking nearby very close. It seems that animals are not afraid of intruders. The beer is no longer just a beer. It b uilds community and harmony between the people, and also between the animals. This is a signal of weak uncertainty avoidance in Denmark.Carlsberg beer provides relaxing atmosphere and sense of peace as well as hygge (fun on Danish). Moreover, the poster represents the everyday culture, playing on the symbolic associations. Consequently, Carlsberg intends to tell a true story about the real product. Denmark is a very individualistic culture where independence is very important. Nevertheless, the Danish advertisement (the slogan â€Å"Vores ol†) contradicts individualism. Instead, the advertisement drives towards collectivism.It turns out that Danes are double-standard people: they keep distance from other people, sitting alone in public transit while they pursue the sense of belonging, seeking community involvement. Ultimately, Denmark is categorized as a low-context culture. That means that additional information and reasoning is required. Although this poster does not provid e explicit argumentation apart from slogan and little text box. In my opinion, information given is sufficient enough to deliver the message to Danish consumer. II. British printed advertisementUK version demonstrates 2 young men sitting on a terrace of a luxury house with a sea view and two beautiful young women in the background The woman standing next to swimming pool is showered by a cloud above. Next to her is another young woman, who is lying in the sun with a rainbow over her body. Aforesaid young men are both smiling and holding a bottle of beer. There is a snowing cloud between them, which keeps the beer on the table refrigerated. Perhaps, they talk to each other, sharing opinions and ideas about everything behind them, which is not realistic.It can be assumed that the man on the left is telling about his fantasy (which is the actual background of a print). This flight of imagination is correlated with a text box â€Å"Carlsberg don't do the weather, but if we did it would probably be the best weather in the world†. I will interpret it this way: Carlsberg is already producing the best beer in the world; if only Carlsberg made weather, it would also be the best in the world. The informal contradiction â€Å"don’t† is used to make the text ordinary, which links to the fact that Carlsberg beer is an everyday beer for any event, any time.According to this ad, the best weather is summertime, beautiful ladies either taking shower of rain or sunbathing and cold Carlsberg beer with a snowing cloud above. This idealistic lifestyle reflects the fantasies and desires of younger audience, which is the actual target population. This unrealistic weather is not only a castle in the sky, a dream, but also a myth of success which implies luxury, nice weather and exclusive alcoholic beverages. Young men stylish clothes and beautiful beach house proves that link.British small power distance is visible in this poster by the use of four independent yo ung people who are able to make ideals in countries, where individualism is highly valued. Beer-drinking culture in is also manifested in this advertisement. In Great Britain beer is a social drink, it is not consumed alone, it should be shared in a company. Just like in Denmark, British are double-standard people: individualistic community seekers. Overstatement in slogan â€Å"Probably the best beer in the world is a sign of masculine cultures, it is often used.The features of the product related to luxury and high status is another a signal of masculinity. On the other hand, slogan also has an understatement â€Å"probably† which represent feminine values. Weak uncertainty avoidance can be noticed in text box focused on what the product does rather than what it can. And again, if Carlsberg could modify the weather it would be just as good as their beer. Communication style is more high-context than low-context. This is caused by the indirect, implicit message the viewer h ave to understand (metaphor: snowing clouds performs the role of refrigerator). III.Cultural Differences and Similarities The above analysis of Carlsberg advertisements of Denmark and United Kingdom illustrates how dominant cultural values, believes and norms reflect the style and content of particular print. There are some characteristics in common while there are a few differences. In the first place, both advertisements involves myths. However, British one provides the myth of success, whereas Danish ad is linked to old Dane traditional values such as hunting and social interaction. Secondly, in both posters beer-drinking culture is related to social process and relaxing activity.The Denmark version possess harmony, peace and community while British focal point is high quality and exclusive luxury. Thirdly, both Denmark and Great Britain advertisements are high-context despite the fact that both countries are classified as low-context. Text boxes are not that informative such as the image scenario. Although Danish ad is more symbolic meanwhile British one has more high-context communication. Last but not least, in both prints all characters are smiling, expressing the joy and satisfaction. This is a distinctive feature of strong uncertainty avoidance cultures.On top of that, both countries are double-standard combining individualism with collectivism (as previously mentioned â€Å"individualistic community seekers†). Still, UK ad demonstrates more signs of highly individualistic values Appendix A Danish printed advertisement, 1999 Only 11% of the Danish hunters are hunting to hunt There is intelligence that can create intense peace as the taste of the original Carlsberg humble exclusively from flowers of the hemp plant Our beer. Brewed from the best we have Appendix B British printed advertisement, 2007

General Motors

General Motors Outsourcing is perhaps one of the most common terms in the HR organs of the companies of the twenty-first century. In its basic sense, outsourcing HR means employing the services of an external agency in the recruitment and selection of candidates on behalf of the internal HR department of an organization.Advertising We will write a custom research paper sample on General Motors Outsourcing HR specifically for you for only $16.05 $11/page Learn More Perhaps a global example is SEEK, an Australian based company that advertises, recruits and places staff on behalf of other companies. Even though General motors does not directly through its top management issue out human resource outsourcing contracts, its human resource department is keen to deploy this strategy to cut on the costs of the department. One would ask why large companies such as General Motors would contemplate outsourcing its human resource duties, yet it can afford to run such a department. Acc ording to Patriot HR (2004), this is why small organizations do the same: â€Å"cut on costs, increase productivity, and provide a higher level of service to employees† (Para. 1). Concurrently, IBM Global Process Services (2011) â€Å"Automate and streamline HR processes and put transactions employees fingertips† (Para. 3). Outsourcing may happen both to local companies and even in overseas. For instance, as Patriot HR sheds light, in 2004, â€Å"An HRO was handling benefits administration for 1.2 million General Motors employees, retirees, and dependents. General Motors Europe also outsourced human resources functions for personnel in 10 different countries† (2004, Para 1). By outsourcing staff recruitment responsibilities, HR department has many opportunities to focus more on other core strategic activities. People have voiced quite a lot of unscrupulous news across the world about outsourcing. Take for instance the scenario in which â€Å"Texas has put IBM o n notice where Indiana has sued IBM, which in turn has sued Indiana† (Global services 2011, Para.1). In the core of all these stalemates is the perception of outsourcing contracts going haywire. However, on the other hand, General Motors perhaps has a different story to tell about its human resource outsourcing all together. People Strong, a HR Company based in India, Seven Step, and ACS are perhaps some of the companies that offer recruitment services to General Motors.Advertising Looking for research paper on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Talent Management (2012) informs that â€Å"Seven Step, a provider of outsourced recruitment services, announced that General Motors (GM) has chosen it as GMs exclusive recruitment services partner to manage all salaried recruiting and hiring activities in its North American operations†(Para 1). On the other hand, according to HRO Today in 2009, ACS, â€Å"a premier provider of business process and information technology solutions, announced the commencement of services under a new human resources servicing contract with General Motors Corporation (GM) as the world’s largest vehicle manufacturer† (2009, Para 1). Under the terms of contract, ACS was to take up non-core HR chores, which was one of the strategies that GM adopted in an attempt to remain competitive by taking advantage of the ACS immense HR capabilities. Additionally, HRO Today reckons that the terms of contract permitted ACS to â€Å"provide comprehensive HR services for GM’s European entities in 10 countries, including Austria, Belgium, France, Germany, Poland, Portugal, Spain, Sweden, Switzerland, and the United Kingdom† (2009, Para 3). This move immensely satisfies Alexander Cheri, the GM European vice president. In support of the move, HRO Today records him commending that â€Å"We are extremely impressed by the level and range of services we will be receiving as part of this agreement with ACS† (2009, Para 8). In this end, it is somewhat evident that GM not only deploys HR outsourcing in the US, but also in every other place where it has established its global presence. With the HR outsourcing, General Motors leaps from the three-T: talent, technology and transformation, model (Stone 2003, p.14: Vosburgh 2003, p.19) of HR management in perhaps all its operational centers across the globe. Other corporations can also profile such excellence on the strategies already put in place by GM in the yet not so old global methodology of cost reduction: HR outsourcing. References Global Services., 2011. IT Outsourcing: market dynamics. Available at globalservicesmedia.com/IT-Outsourcing/Market-Dynamics/GM,-NC-Have-Sights-on-Outsourcing/22/28/9888/GS100730858617.Advertising We will write a custom research paper sample on General Motors Outsourcing HR specifically for you for only $16.05 $11/page Learn More HRO Today., 2009. ACS Announces New Human Resources Servicing Contract with General Motors for European Operations. Available at hrotoday.com/news/2619/acs-announces-new-human-resources-servicing-contract-general-motors-european-operations. IBM Global Process Services., 2011. Human Resource Outsourcing. Available at http://www-935.ibm.com/services/us/en/it-services/human-resources-outsourcing-services.html. Patriot HR. 2004. Who is outsourcing. Available at patriothr.com/Public/companies.aspx. Stone, A. 2003. The Intranet Boom. Philadelphia Business Journal, 3(2), pp.17-18. Talent Management., 2012. GM makes seven step excusive recruiting partner. Available at http://talentmgt.com/articles/view/gm-makes-seven-step-exclusive-recruiting-partner. Vosburgh, R., 2003. The state of the human resources profession in 2003: An interview with Dave Ulrich. Human resource planning, 26(1), pp.18-22.

Mary Shelleys Frankenstein Research Paper Example

Mary Shelleys Frankenstein Research Paper Example Mary Shelleys Frankenstein Paper Mary Shelleys Frankenstein Paper Essay Topic: Dr Faustus Frankenstein Invisible Monsters One to make the reader dread to look round, to curdle the blood, and quicken the beatings of the heart this was Mary Shelleys intention when she created Frankenstein the definitive gothic novel . Though this was unheard of for a woman writing in 1816 she did just that. Influenced by the events around her, the new scientific developments and social unrest conveyed through her depiction of Victor and through the monster she reveals an outraged awareness of social injustice and a passionate desire for reform. Throughout the novel we are given an image of monster and creator this is conveyed through the central characters. Shelley presents a tale of gothic horror in which we are given opportunities to feel sorry for both main characters; yet we are inclined to feel more sympathy for the monster who after all is a victim of a man essentially playing God. Throughout the novel Shelley plays with our psyche and sympathies as reader, but it is clear that the monster deserves our pity more than Victor. Victor was given a wonderful loving upbringing and was clearly a spoilt child I was their plaything and their idol whereas the monster had none of that; he was not loved by anyone, just Victors mistake. The monster was left alone to wonder where his companions were, But where were my friends and relations? No father had watched my infant days; no mother had blessed me Our sympathies lie in favour of the monster after all he was the one that was unjustly abandoned and left to feel isolated without a friend in the world. Shelley then leads us to believe that the monster will be accepted by his benefactors the De lacys as the creature is accepted and reassured by the blind mans words I am poor and an exile, but it will afford me true pleasure to be in any way serviceable to a human creature the desperate monster is then beaten out of the cottage by Felix and his only hope of happiness is ruined. Deep down the monster is a kind and worthy creature he found his store always replenished by an invisible hand It is only when he finds out that the family out of fear has permanently left the cottage that he starts to feel negative emotions such as hatred and revenge for the first time the feelings of revenge and hatred filled my bosom, I bent my mind towards injury and death. However these feelings are not directed towards the De Lacy family, but to Victor. But, as reader we should understand the monsters point of view, Victor, ultimately is the cause of all his problems; he made the monster ugly then abandoned him, it is his fault that the monster does not fit in, this makes us more inclined to feel bitterness and resentment towards Victor, He should not have meddled with life if he could not finish what he had started. Victor does feel some compassion when the monster relates his story I compassionated him and sometimes felt a wish to console him, and agrees to the monsters requests You must create a female for me Victor gets the monsters hopes up as he starts to believe that he may have a companion to console him then just as his second creation his finished Victor selfishly destroys it before the creatures very eyes do you dare break your promise? I have endured toil and misery Victor shows his selfish nature at other times during the novel, when he is exhausted on Waltons ship and the crew want to go home because it is too dangerous, he responds by accusing the men of cowardice and unmanly behaviour. If they were to abandon their expedition they would return home with a stigma of disgrace judging by his words he has not learnt anything from his ordeal with his monster. He apparently still feels that people should put their own desires above more important issues! Another example of this is the way that he deals with the monsters threats it is clear that the monster wants to hurt him and have his rightful revenge, but Victor assumes that it is only him that the creature wants to kill I will be with you on your wedding night, such was my sentence, and on that night would the daemon employ every art to destroy me from the glimpse of happiness. Yet it is clear that the best way to get to Victor is to harm the people that he loves as the monster has already witnessed Victors reactions towards their deaths, he does not realise this otherwise he would have been more protective of Elizabeth. Though very tragic for Victor and we should feel sorry for him when she is killed it is completely his fault, he was naive and utterly careless to leave somebody that he loves alone while a revengeful monster that is roaming around voicing threats. Victor had the chance to change everything before Elizabeth was murdered and was guaranteed that the monster would leave his family and himself alone for the remainder of their lives. He is just like Dr. Faustus who also had the chance to turn things around and repent the good angel states that it is never too late if Faustus will repent. The angel means if the Doctor repents of his evil decision to turn from God and make a deal with the devil for conjuring powers, he can still be saved. However, the bad angel on Dr. Faustus shoulder soon responds that it is too late. Similarly Victor does leave things too late yet he still had some relatives left worth saving like his father . Although it is clear that Victor has already lost everything and the people that he cherished the most. Our sympathies can now lie with either the monster or his creator as Victor is in a terrible predicament he cannot win either way incase the monster goes back on his word. Victor is torn between morals and his family it is a shame he did not consider that to begin with. Another reason that we should sympathize with the monster is that he did not want or enjoy killing anybody and that the killings did not make him feel better he says that he was the slave, not the master, of an impulse which I detested, yet could not disobey The monster, just like Victor, reaches a point where no feelings are left except hatred. The monster is essentially the one going through the most torment he has to live with what he has done, seeing his creator dead on Waltons ship he shows remorse and with an immense self hatred he tells Walton that he will consume to ashes this miserable frame. Nobody has won the novel ends and both die without satisfaction. The monster did not get a companion nor was he accepted, and Victor lost everything worth living for, they drove there selves to destruction, neither of them would give up as I stated earlier they created a vicious circle in which in the end consumed them both. The monster went through his life lonely and abhorred the only kind moment he had was with the blind De Lacy which was soon ruined by Felix, he did not enjoy his life and was only giving his creator a taste of what he was put through, this essentially is why as reader I believe the monster deserves our pity as nobody should go through life that miserable and despised, he had nobody to care for him at least Victor experienced happiness. Carla Wells Show preview only The above preview is unformatted text This student written piece of work is one of many that can be found in our GCSE Mary Shelley section. Download this essay Print Save Not the one?