Nominal versus Real Gross Domestic Product

Nominal versus Real Gross Domestic Product The Gross Domestic Product (GDP) can be defined as the value of all goods and services that a country can produce in a period of one year. Nominal gross domestic product is basically the use of current prices to value the goods and services of country in a specific year. Real gross domestic product just like nominal GDP, is the valuation of a country’s output in terms of the goods and services produced by the citizens in a particular year (Griffiths Wall, 2011).Advertising We will write a custom essay sample on Nominal versus Real Gross Domestic Product specifically for you for only $16.05 $11/page Learn More The only difference is that, this measure utilises the prices of a particular past year normally referred to as the base year. It should be noted that the main difference between real gross domestic product and nominal domestic product is that when calculating real GDP, the prices of goods and services are adjusted for inflation while in the cal culation of nominal GDP, this is not done. According to Griffiths Wall (2011) â€Å"Real gross domestic product is basically the use of current prices to measure the value of the goods and services that a specific country produces in a particular year while the nominal gross domestic product uses current market prices to measure the value of the same goods and services†. It is important to note that economists consider real GDP as the better measure between the two. Another definition that has been used to differentiate between the two is the definition of nominal GDP as a country’s national output. A country’s national output has been defined by various economists as the product of the price and quantity of the goods and services that its citizens produce in a particular year. In order to arrive at the Real GDP, the nominal GDP is normally divided by the rate of inflation in the country. Inflation has been defined as â€Å"the general increase in the prices o f goods and services† (O Sullivan Steven). It is important to note that the reason why the value is adjusted for inflation is due to the fact that in case of a price increase in a subsequent year, nominal GDP would not give the true value if the adjustment is not made as it would be larger than it should actually be. It is important to note that when the nominal gross domestic product is manipulated by the price index, real gross domestic product is arrived at. Another important issue to note is that it is not possible to make a comparison between the nominal gross domestic product and the gross domestic product rates recorded in previous years or decades. It should be noted that any increase in the rate of inflation leads to a corresponding increase in nominal gross domestic product. Real gross domestic product is therefore used to assess the overall production of goods and services in a particular country. Nominal gross domestic product on the other hand is used to present the raw data regarding the production of goods and services in a particular year and disregards the relative value of the currency in terms of what exactly the currency can buy.Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More References Griffiths, A Wall, S. (2011).Economic for Business and Management, Third edition, Harlow Pearson Education Limited O Sullivan, A. Steven M. S. (2003). Economics: Principles in action. Upper Saddle River, New Jersey 07458: Pearson Prentice Hall

Buy It or Review It (Or Preferably Both)

Buy It or Review It (Or Preferably Both) I believe Ill touch a nerve here, which is sometimes fun. But most of the time, it means a controversial topic that wakes people up.and makes people make excuses for what they thought was righteous behavior. Well see. Not long ago, I wrote a piece about paying writers properly. I posted this abbreviated version on Facebook: If you are a writer, ask to be paid for your work. If you are asking a writer to appear, pay them. If you read a book, pay for it. If you accept a free book, post a review. Anything else is eroding the careers of writers everywhere. A lot of people got on board with rants about not getting reviews after giving away so many books. We all get that. I give away 100 books the first few weeks of a new release, and barely half of the recipients initially keep their promise to review. Its difficult to add a book to your busy schedule. But its wrong to agree to review then not do so. It amazed me the ones who DID review, and pained me seeing the ones who DID NOT. However, few got my point, that as writers, we tend to cannibalize our own. When we act as readers, do we review every book we read? As badly as we crave reviews, are we loyal to other writers in Doing Unto Them as Wed Like to Be Done To? It really boils down to this: When you obtain a book, you have two choices: You pay for it or you review it. If you can find the time to spend hours reading the thing, you can take three to five minutes to review it. What about all those souls giving away free books? Personally, I only take a free book if I intend to read it as a reviewer. And frankly, I prefer to pay for my books. Why? Because I prefer people pay for mine. I refuse to download a free one, much preferring to at least pay $1.99 or more. Its a principle of mine. Yes, I give away a few books with the clear message that they are review copies. And against the advice of others, I even follow up with those readers. The system goes like this: 1) I ask for reviewers for a book on social media or in my newsletters 2) I make a list and determine how many books to send out 3) I send the books 4) I wait a month then email/mail postcard asking if they received the book no mention of a review 3) I wait another month then email/mail a postcard asking if they enjoyed the book no mention of a review Thats it. No harassment. You have a list of names who reviewed your work. You love these people. You dont mind asking them to review again in the future. You know they will follow through. And you also know those who have not reviewedand to not ask again.

Modern Design Assignment Example | Topics and Well Written Essays - 1250 words

Modern Design - Assignment Example The proclamation also described the utopian craft guild that combined architecture, painting and sculpture into a single but creative expression. The craft-based curriculum used at the Bauhaus was designed to turn out designers and artisans into beautiful and useful objects that are appropriate for the new system of living. The Bauhaus was designed to combine the elements of design and fine arts education. The curriculum started with a preliminary course that provided a brief background to the students who were admitted from a wide range of social and educational framework. The preliminary course was taught by veteran visual artists such as Vasily Kandinsky, Paul Klee, and Josef Albers among others. The immersion of the students in the Bauhaus educational framework allowed them to participate in specialized workshops. The workshops often included cabinetmaking, metalworking, pottery, weaving, wall painting and typography (Raizman 188). Even though the initial aim of the Bauhaus was to unify the arts through craft, the aspects of the approach proved financially impractical. Gropius found it important to maintain the aim of the Bauhaus and decided to reposition its goals in 1923. He stressed on the benefits of designing for mass production and encouraged the school to adopt the â€Å"Art into Industry† slogan. The Bauhaus later moved from Weimar to Dessau in 1925, where Gropius set up a new building to accommodate the school. The building contained several features that later formed the hallmarks of modern architecture. The modern architecture included a glass curtain wall, steel-frame construction, and pinwheel plans among others. Today, the Bauhaus is still an experiment al design and research and teaching which are dedicated to the development and communication of the Bauhaus legacy. It also seeks to work on contemporary issues affecting the urban sector. The Russian constructivism was the last but most

Oral Language Essay Example | Topics and Well Written Essays - 1000 words

Oral Language - Essay Example Spoken language is essential for the onset of thoughtfulness. Once familiarity is developed with the listening and speaking skills it enables the development of writing and reading skills. Playing games with the kids, talking with them, spinning a tale, involving them through the mysteries of stuffed animals, narrating stories with props, spiritual chants, songs, puppets, playing interactive computer games, drawing and colouring facilitate them to construct an approachable and communicative language. Such activities stimulate the brain and aids in building vocabulary on one hand, while on the other these actions train the children to become accustomed with the oral language (Oral Language Activities that Develop Reading Readiness). Further, enables the child to develop fine as well as gross motor skills. With the advent of science and technology, various audio visual aids are available encompassing songs and rhymes that are directed to develop the understanding towards the surroundin gs, about self and body parts, about weather, clothes, shelters, pets, time, good habits, actions and keep the children involved in a complete manner. These activities play vital role in the cognitive development of the child right from the birth (Songs for Teaching). A constructive interaction always encourages the child, at the same time it is essential to put off falter and pauses for the growing personality. Early speech development allows the child to articulate and build communication with everyone around. This gives support in mastering other skills like writing, reading and understanding at much faster pace (Small, 2011). Understanding the requirement of the child as per age enhances the speech development. For instance- From Birth to Age of two- The care giver should talk a lot with the baby belonging to this particular age group. Babies at this age start recognizing the sounds, gesture and they start with the mono-syllable words, they try to identify the jargons, songs and rhymes encompassing actions and movements, gesture empowers their grasping. On the other hand, at the age of two to four grasping improves and therefore words should be spoken with care so that the appropriate vocabulary is framed. Use of abusive language in front of the child puts a wrong perception in the development. Age four to six, the school age, requires constant motivation and admiration for the good deeds performed or for the small achievements. Initiating expansion of vocabulary enables greater command over the language at the early stage of development, while at seven to eight years, the child understands the world around and should always be encouraged to ask and express what they perceive, enhancing the development of understanding the world in a better way and safeguarding self from any kind of mishaps or abuses (Small, 2011). Oral language is the most imperative part of the child's cognitive development, as it is the only means that aid in conveying wishes and knowle dge. Oral language is the vital characteristic of language as it paves the way for literacy proficiency. Significance Oral language becomes a contributing factor in the academic success. According to Rhode Island Department of Education, "At middle school, student who had poor oral language skills in kindergarten lag five years behind their peers who had strong oral language skills in kindergarten." Oral language plays an important role in generating phonological responsiveness of words, followed by

Global Sourcing Challenge Case Questions Essay Example for Free

Global Sourcing Challenge Case Questions Essay 1. Marianna Barner should decline the invitation for IKEA to have a representative appear on the upcoming forecast of the German video program. The producers of the documentary invited them to take part in a live discussion during the airing, and while this offer does sound beneficial for IKEA to educate the public and the producers of the current efforts taken to fight child labor, it would not be in their best interest. This is attributed to the fact that the producers refuse to let IKEA preview the video beforehand and that they are aware that the producers â€Å"planned to take a confrontational and aggressive approach† directly aimed at them. As a result, there is a very high possibility that the representative would then be blindsided with questions and then IKEA’s message of their efforts would not be portrayed accurately. Instead, IKEA should respond to the allegations by releasing their own statement allowing them to explain their efforts once they have had the opportunity to review all evidence and verify the credibility. 2. In regards to the supply contract that IKEA has with Rangan Exports, it would be best if Barner terminates the contract, should sufficient evidence prove that they do indeed use child labor. They stress the importance of taking responsibility for their suppliers, and in the IWAY (IKEA Code of Conduct), it clearly states that they do not accept Child Labourm, otherwise their contract will be terminated. The well-regarded company (Rangan) had signed an addendum that explicitly forbids the use of child labor, so it is important that IKEA upholds their standards and codes in order to maintain a fair position with their other suppliers. It would also be wise for her to then issue a statement or press release about the severed ties with the company, stating the reasons for the decision and maintaining integrity by upholding their own policies regarding child labor, so that the public and other suppliers see that they won’t tolerate unethical behavior or violations to their contra ct. 3. It is suggested that IKEA stays in India and continue operations. The long-term strategy that Barner should take regarding continued operations includes maintaining their code of conduct to uphold their image of being responsible for their suppliers and the environment, while also contributing to an improved quality of life for those in India.

That Old House! :: Descriptive Essay Examples, narrative, observation

That Old House! Â   Just last summer my parents bought a house. It is a nice place with hard wood floors and nice woodwork, but then there is my room in then basement. Â   The first time I saw my room I almost cried. I hated it. I wasn't given a choice whether I liked it or not. My parents didn't seem to see how I felt and there was nothing I felt I could do about it. The floor was covered with leaves and other debris. The left wall was not yet finished. The studs and yellow insulation were still exposed. The front wall was half rotten with water damage and the rest of the adjoining walls were littered with holes. The windows were coated with a layer of dust, cobwebs, and bugs, some dead, some alive. The door was yet to be hung on its hinges and two large holes are in the ceiling that have yet to be fixed. Â   As any one can see I had complete provocation to feel the way I did. I ether had to except it as my room or move out, which I was not financially stable to do at the time. I felt stuck and pissed off that I was put into that kind of position. I had wondered why my parents would want to do this to me, did they know how I felt,sure didn't seem like it. Â   At the time this all happened I did my best to ignore it all. I went running to the comfort of my girlfriend. Anything could have gone wrong but as long as she was there felt that I was happy. I slept at her apartment so I was able to avoid my room completely but a few weeks later things became rough between us and we broke up. She was the only thing that kept my worries at bay. She was my one source of comfort and she was gone for good. I was now left with a life that resembled my room, torn apart and crappy. Â   My life had seemed like it couldn't get any worse. I had spent the next few days sulking and feeling sorry for my self, not caring about anything at all. Soon I started to realize that sitting around sulking was only going to make things worse.

Importance of a Budget to a School

A budget can be defined as an itemized listing of the amount of all estimated revenue or income which the school anticipates receiving, along with a listing of the amount of all estimated costs and expenses that will be incurred during a given period of time (Wango Geoffrey, 2009:211). A school budget can be defined as a document or statement outlining a school’s revenue (income) projections against expenditure. A school budget can also be defined as a financial plan of funds that a school expects to receive and the expenditure it will take to achieve its educational objectives.The head teacher is charged with the prime duty of preparing a school budget. The budget is drawn based on the Board of Governors (BOG), School Management Committee (SMC) and Parents Teachers Association (PTA) resolutions on the school development and operations. A well-prepared budget should consist of three key components namely: revenue plan, expenditure framework and educational strategy which is a long term plan. A budget is important to an educational institution in the following ways: First, Budgeting ensures that actions are carried out according to a budget plan.Through the use a budget as a standard, the school ensures that programmes are implemented according to set plans and objectives. The actual performance is measured against budgeted performance. Secondly, a budget facilitates proper administration of financial revenues and other school resources. A budget is the basis for accounting for funds spent to achieve educational objectives. The budget also inspires confidence in the parents, education officials and the school community about the school’s leadership and general management.Fourthly, budgeting facilitates a systematic plan for evaluating the quality and quantity of services needed in a school. Next, a budget helps in the attainment of purposes. The budget states clearly the purposes for which the school was founded. Sixth, a budget confers authority t o head teachers to source for funds and expend it on approved expenditures. Finally, it enables teachers to obtain fairly accurate estimates of receipts and expenditures. These estimates help in balancing the budget and thus prevent budgetary deficits. Importance of a Budget to a School A budget can be defined as an itemized listing of the amount of all estimated revenue or income which the school anticipates receiving, along with a listing of the amount of all estimated costs and expenses that will be incurred during a given period of time (Wango Geoffrey, 2009:211). A school budget can be defined as a document or statement outlining a school’s revenue (income) projections against expenditure. A school budget can also be defined as a financial plan of funds that a school expects to receive and the expenditure it will take to achieve its educational objectives.The head teacher is charged with the prime duty of preparing a school budget. The budget is drawn based on the Board of Governors (BOG), School Management Committee (SMC) and Parents Teachers Association (PTA) resolutions on the school development and operations. A well-prepared budget should consist of three key components namely: revenue plan, expenditure framework and educational strategy which is a long term plan. A budget is important to an educational institution in the following ways: First, Budgeting ensures that actions are carried out according to a budget plan.Through the use a budget as a standard, the school ensures that programmes are implemented according to set plans and objectives. The actual performance is measured against budgeted performance. Secondly, a budget facilitates proper administration of financial revenues and other school resources. A budget is the basis for accounting for funds spent to achieve educational objectives. The budget also inspires confidence in the parents, education officials and the school community about the school’s leadership and general management.Fourthly, budgeting facilitates a systematic plan for evaluating the quality and quantity of services needed in a school. Next, a budget helps in the attainment of purposes. The budget states clearly the purposes for which the school was founded. Sixth, a budget confers authority t o head teachers to source for funds and expend it on approved expenditures. Finally, it enables teachers to obtain fairly accurate estimates of receipts and expenditures. These estimates help in balancing the budget and thus prevent budgetary deficits.

Chinese Discrimination in the United States Essay

The Chinese immigrated to the United States in during the 1800s; Official records show that before 1857, 46 Chinese immigrants were in the United States. Over the next 30 years more that 200,000 Chinese had immigrated to the United States. This immigration wave was largely because of the push of the awful conditions in China and the pull of the discovery of gold, and, job opportunities in the west (Immigration and the United States, Schafer, 2006). During the 1860s railroad work was abundant. The two lines, Central Union and Pacific Union, were the largest employer of the Chinese and the Irish. Working the Central Union was dangerous work through rough terrain. The work was dominated by the Chinese. Despite being 90% of the laborers the Chinese were paid less that the Irish who were 10% of the laborers. This dual labor market continues until the completion of the railroads. Regardless of being the majority of the laborers, the Chinese were excluded from the Golden Spike ceremony in Promontory, Utah. After the completion of the completion of the railroad, the Chinese immigrants continued to accept work that others would not do. This caused an industrial dependence on cheap labor to fuel the American economy. The Chinese were welcome as the economy needed them. When the labor was finished, they were no longer welcome. The Chinese welcome was short lived because of stereotypes that were prevalent before immigration. American traders and Protestant missionaries spoke to the American people of the Chinese exotic and sinister manners. These stereotypes caused sinophobia. This sinophobia directly resulted in the â€Å"Yellow Peril†, a threatened expansion of Asian populations as magnified in western immigration (answers. com). Takai, in 1989, noted that the fear of the Yellow Peril shattered any appetite to learn more about the customs of the Chinese, or, themselves as a people. Sinophobia was compounded when the government passed the Chinese Exclusion Act of 1882. This government action not only outlawed Chinese immigration and naturalization for 10 years, but it led the American people to further discrimination; any thought that the discrimination was unjust and unfounded was alleviated through the governmental act. At the end of the act’s 10 year run, it was continued another 10 years, and, the practice continued into the 20th century. On December 17, 1943, the Magnuson Act repealed the Exclusion Act. Repealing the act allowed growth and assimilation of the Chinese people. â€Å"The Chinese exhibit high affluence combined with a relatively high degree of segregation from Whites in a few metropolitan areas (Lee, C. N. , 2004). Redlining leads to the belief that the manisfestation of suburban ethnic districts may alleviate the need to bodily intergrate with Whites to obtain greater socioeconomic success. Despite the menial jobs the Chinese continued to grow financially, and, the affluent Chinese continued to live next door to their poorer neighborhood, an act of self-segregation; with the self-segregation encouraged forming their own chamber of commerce, public library, and hospitals. â€Å"The true destructive nature of residential segregation reared the discrimination perpetuated by the Federal Housing Administration (FHA), Homeowners Loan Act, Department of Housing and Urban Development (HUD), the real estate industry, banks, and other financial institutions (Massey & Denon, 1993). Chinatown, San Francisco, is not just the largest Chinese Town outside of Asia, but is the largest example of redlining. The 1870 anti-Chinese ordinances passed in San Francisco to curtail housing and employment options. The ordinances passed successfully pushed the Chinese into an unwanted area. Having them in one area made it easier for San Francisco law enforcement of curfews. In the San Francisco bay area the garment industry is made up of 53% Asian workers, mostly women. â€Å"These ‘sweat shops’ are overcrowded, not well ventilated and poorly lit† (urbanhabitat. org). The garment workers are exposed to particles and toxic chemicals. Many women bring their children to work with them, and the particles and chemicals are known to be especially are harmful to children. Many Asian-American associates support reverse discrimination against Asian-Americans as demonstrated by being denied college entrance (asianam. com). Many Chinese are making donations to the very organizations that are anti-Chinese, in exchange for denial of Asian-American’s denial to colleges and universities. Thomas Espenthade and Alexandria Walton Radford examined data on students applying to college in 1997 and discovered what looks to be different standards for different racial groups. They found that Asian-Americans needed to have nearly perfect SAT scores of 1550 to have the same chances as other races which were requiring scores of 1100 to 1410. They also noted that other races were three to 15 times more likely to be accepted to university. Stephen Hsu noted that it appeared that the university’s magically end up with 20% Asian students. One Princeton lecturer asked if that number represents the â€Å"Asian Ceiling†. Is affirmation action working? â€Å"Advocates of affirmation action argue that it is needed because of historical discrimination. Maybe that was true in 1970, but it is no longer true affirmative action is now a part of the minority machine, an indispensable component which is perpetual victimhood† (jonstosselfoxnews. com). Yet another straddle that the Chinese have endured is the Glass Ceiling. Although experienced by both men and women, a double jeopardy has been attached to Chinese women. A Chinese man has a better opportunity to move up the ladder than a Chinese woman. In general, at Lawrence Livermore National Laboratory in 2000 one in 10 is on the professional staff while one in 25 was a manager (Varma, 2004). As a whole, the Chinese are underrepresented as CEOs. Board members, and high level managers. While researching this essay I have discovered that the Chinese-Americans have endured. Upon arrival in the 1800s. I have become more culturally aware of their movement to quash stereotypes and discrimination, and there attempt to mainstream there culture in the United States. 1) asianam. com 2) jonstosselfoxnews. com 3) Lee, C. N. , 2004 4) Massey & Denon, 1993 5) Immigration and the United States, Schaefer, R. D. , 2006 6) urbanhabitat. org 7) Varma, 2004.

What Was the Open Door Policy in China

What Was the Open Door Policy in China SAT / ACT Prep Online Guides and Tips Looking to learn more about the Open Door Policy? The Open Door Policy was an important policy that affected Asian, European, and US trade for decades and even contributed to the Japanese/American conflict in WWII. What was the Open Door Policy definition? Why and when was the Open Door Policy created? What are the impacts of it? We answer all those questions and more in these open door notes. What Was the Open Door Policy? A brief Open Door Policy definition: The Open Door Policy was a trade agreement between the United States, China, Japan, and several European countries. US Secretary of State John Hay created the Open Door Policy in 1899/1900 in order to allow the US, Japan, and select European countries equal trade access to China, a country that previously had no trade agreements. The Open Door Policy lasted nearly 50 years, until the communist party’s 1949 victory in China’s civil war. In the rest of the guide, we’ll dive deeper into the specifics of the Open Door Policy. We’ll discuss why the Open Door Policy was created, how it was established and maintained, and what its impacts were. Why Was the Open Door Policy Created? Simply put, the United States was worried it was going to lose trading access with China, and it wanted a policy in place to protect its ability to continue trading with the Chinese.In this section, we’ll look more closely as to why the US cared so much about trading with China, and why there were worried their access would be cut off. The Open Door Policy was created during the Age of Imperialism, a period during the late 19th century and early 20th century when European powers, as well as countries like the US and Japan, were attempting to expand their global power through colonialism and territory expansion. China was particularly seen as a lucrative prize, so multiple countries built a large presence there, and they began setting up trading stations and deploying troops to different regions of the country in order to have the best access to China’s trade. The United States got into this game a little late. It wasn’t until after the Spanish American War ended in 1898 that the US began to take a deep interest in China. At the end of the war, the US ended up with a large amount of land in Asia, primarily the Philippine Islands. This newly-acquired land caused the US to look more closely at China, and they saw that trading with China could earn them a lot of money. However, multiple other countries had already realized this and had established large spheres of influence in China. European powers such as Great Britain, the Netherlands, France, and Belgium had well established colonies and influence in Asia and Africa. Japan was also exerting significant power in China. During the first Sino-Japanese War (1894-1895), Japan and China fought for control of Korea. After Japan won the war, it sharply increased its power in both Korea and China. The US’s sphere of influence in China was not nearly as well-established as those of the other foreign powers there, and US President McKinley worried that the other foreign powers would limit the US’s ability to trade with China and potentially block the US from trading with China at all. How Was the Open Door Policy Implemented? In 1898, US President William McKinley announced his desire for a policy that would allow countries equal access to trade with China. In effect, there’d be an â€Å"open door† to Chinese trade, and one country couldn’t close the door to another country.President McKinley was concerned the US would be forced out of the Chinese trade by Japan and other European countries, and he wanted a policy that explicitly protected the US’s right to continue trading with China. As a result, in 1899, US Secretary of State John Hay began circulating diplomatic notes among the major world powers (Great Britain, Germany, France, Italy, Japan, and Russia) at the time to get the Open Door Policy formally approved. Because of his work doing this, Hay is often seen as the author of the Open Door Policy. Hay’s diplomatic notes proposed that all countries should have equal trading access to the entirety of China and those foreign countries must allow Chinese officials to regulate the trade and collect taxes from it.The purpose of Hay’s notes was to grant all the major powers equal access to Chinese trade and reduce the influence of countries that already had an especially large hold in China (such as Japan and Russia) so they couldn’t force other countries (particularly the United States) out of the Chinese market. None of the countries Hay spoke with formally agreed to the Open Door Policy. However, none explicitly opposed it, and the European countries unofficially supported the plan, so Hay announced that an agreement had been reached, and the Open Door Policy became the de facto trade policy in China. In 1921/1922, after challenges to the Open Door Policy by Chinese nationalists as well as Japan (discussed more in the next section), the US attempted to make the Open Door Policy official at the Washington Naval Conference. During the war between China and Japan that began in 1937, the US continued to strenuously support the Open Door Policy and increased embargoes on many commodities to Japan as a result of Japan not following the policy. The Open Door Policy remained in effect until Japan’s defeat in WWII in 1945 and the end of the Chinese civil war in 1949. After these events China began to be recognized as a sovereign state with control over its own trade agreements. What Were the Effects of the Open Door Policy? What did the Open Door Policy do? The Open Door Policy was an important agreement that reflected the imperialist attitude of many global powers at the time and those countries’ intense desire to expand their global reach. The Open Door Policy had three main impacts. Increased Chinese Backlash Against Foreigners The creation of the Open Door Policy increased foreign influence in China, which led to a rise in anti-foreign and anti-colonial sentiment in the country.The backlash against foreigners led to widespread killings of missionaries working in China and an increase in nationalist feelings among the Chinese.The Boxer Rebellion was one of the most important events caused by this anti-foreign movement. The Boxer Rebellion started in 1899, when a Chinese group known as the Society of Righteous and Harmonious Fists (known as â€Å"Boxers† to the English) initiated an uprising against foreign influence.The US, Japan, and several European countries fought back and eventually defeated the Boxers in 1901. Even after the rebellion ended, foreign soldiers continued killing and looting in many villages. The Boxer Rebellion weakened the power of the Chinese ruling dynasty and contributed to the end of Europeans’ attempts to colonize China. Chinese and American Conflict With Japan Even though Japan did not reject the Open Door Policy when it was created, the country challenged and openly violated the policy multiple times, which led to conflict with China and the US.Japan first violated the Open Door Policy when it presented its Twenty-One Demands to China in 1915. During WWI, Japan sent the list to China demanding an expansion of Japanese control in the Chinese region of Manchuria, as well as significantly increased control of the Chinese economy. Japan gained little from the Twenty-One Demands, but sending them caused a deterioration in Japan’s relationship with the US and Great Britain, who resented the challenge to the Open Door Policy.In response to the Twenty-One Demands, China, the United States, Belgium, France, the UK, Italy, Japan, the Netherlands, and Portugal attended the Washington Naval Conference in 1922 and signed the Nine-Power Treaty which officially affirmed the Open Door Policy and the sovereignty of China. However, in 1931, Japan violated both the Nine-Power Treaty and the Open Door Policy when they invaded Manchuria, an event known as the Mukden Incident.The Mukden Incident led to Japan establishing a puppet government in Manchuria, becoming diplomatically isolated as other countries condemned its actions, and withdrawing from the League of Nations.The Mukden Incident also led to the second Sino-Japanese War between Japan and China, which lasted from 1937 to 1945. It was the largest Asian war of the 20th century. The US allied with China in the war and strenuously supported the Open Door Policy by increasing embargoes on exports of key commodities to Japan. These embargoes led to heightened tensions between Japan and the US and were one of the causes of Japan bombing Pearl Harbor in 1941 and going to war with the US in WWII. Increased US Interest in East Asia The Open Door Policy was one of the first major steps the US took to expand their influence in East Asia, and it was one of their most important footholds in the area.Once the US realized how lucrative trading with China could be, they pushed hard for the Open Door Policy, which would give them secure access to Chinese trade and expand their influence in the area. This increased influence in East Asia was lucrative for the US, but it also caused them to be drawn into conflicts in the region, such as the Boxer Rebellion and conflicts between Japan and China. The increased American influence in the area and its involvement in the area’s conflicts also led to rising tensions with Japan, which culminated with the bombing of Pearl Harbor. Summary: Open Door Notes What was the Open Door Policy definition? The Open Door Policy was a policy between China, the US, Japan, and several European powers that stated each of those countries should have equal access to Chinese trade.It was created in 1899 by US Secretary of State John Hay and lasted until 1949, when the Chinese civil war ended. Why was the Open Door Policy created? The US had recently gained a foothold in East Asia, and they were afraid they’d be forced out of the Chinese market by countries who had been there longer than them, so they created the policy to ensure they wouldn’t lose their ability to trade with China. Why was the Open Door Policy created? The US had recently gained a foothold in East Asia, and they were afraid they’d be forced out of the Chinese market by countries who had been there longer than them, so they created the policy to ensure they wouldn’t lose their ability to trade with China. What were the impacts of the Open Door Policy? The Open Door Policy’s impacts lasted for decades, and it had three major impacts: Increased Chinese backlash against foreigners Chinese and American conflict with Japan Increased US interest in East Asia What's Next? Writing a research paper for school but not sure what to write about?Our guide to research paper topicshas over 100 topics in ten categories so you can be sure to find the perfect topic for you. Learning about natural logs?We've compiled all the main natural log rules to make it easy for you to learn and understand them. Have trouble understanding what dynamic equilibrium is?We break this sometimes tricky concept down so it's easy to understand in our complete guide to dynamic equilibrium.

50 Synonyms for Villain

50 Synonyms for Villain 50 Synonyms for â€Å"Villain† 50 Synonyms for â€Å"Villain† By Mark Nichol The store of synonyms for villain is so well stocked that it seems, well, villainous to employ that relatively colorless word in favor of many worthy substitutes especially in humorous contexts. Here’s a roster of appropriate alternatives. 1. Baddie: a bad person, especially a villain or a villain’s underling in a novel, a film, or a television program (usually lighthearted) 2. Beast: a reprehensible person, especially one with coarse, violent habits 3. Black sheep: an amoral, dishonorable person 3. Blackguard: a reprehensible person 4. Brute: a violent person 5. Bully: a violent person, especially one who intimidates or hurts weaker people 6. Cad: a thoughtless, uncaring man 7. Caitiff: a coward or a reprehensible person 8. Cutthroat: a vicious person 9. Dastard: a coward, or a deceitful or treacherous person 10. Desperado: a criminal, especially in the Old West 11. Devil: an evil person 12. Evildoer: a person who commits evil acts 13. Fiend: a malicious or wicked person; alternatively, an addict, a fanatic, or a person extraordinary talented at something 14. Fink: a reprehensible person (lighthearted) 15. Goon: a man who intimidates, injures, or kills in the service of another 16. Heavy: see baddie (more serious in connotation than its close synonym) 17. Heel: a reprehensible person 18. Henchman: a subordinate to a villain; alternatively, a right-hand man 19. Hoodlum: see bully 20. Hooligan: see bully 21. Hound: a reprehensible person; alternatively, an avid collector or searcher 22. Knave: a deceitful person 23. Malefactor: one who treats another person poorly or commits a crime 24. Meanie: an unkind person (lighthearted) 25. Miscreant: a criminal or a violent person; alternatively, a heretic 26. Monster: an extremely wicked person; alternatively, a cruel or deformed person 27. Ne’er-do-well: a worthless person 28. Outlaw: a fugitive from justice 29. Rapscallion: a dishonest or mean-spirited person; also, a mischievous person (often lighthearted, as are most of its close synonyms) 30. Rascal: see rapscallion 31. Reprobate: a depraved person 32. Rogue: a dishonest or reprehensible person; also, a mischievous person, or a vagrant 33. Rough: a violent person 34. Rowdy: see rough 35. Ruffian: see bully 36. Savage: see brute 37. Scalawag: see rapscallion 38. Scamp: see rapscallion 39. Scapegrace: see rapscallion 40. Scofflaw: a person who flouts laws 41. Scoundrel: see rapscallion 42. Serpent: a treacherous person 43. Shark: a devious person 44. Snake: see serpent 45. Thug: a violent person, often in the employ of another 46. Tough: see rough 47. Varlet: see knave 48. Villainness: a female villain 49. Viper: see serpent 50. Wretch: a reprehensible person; alternatively, a miserable person Want to improve your English in five minutes a day? Get a subscription and start receiving our writing tips and exercises daily! Keep learning! Browse the Vocabulary category, check our popular posts, or choose a related post below:25 Subordinating Conjunctions26 Feel-Good WordsHow to Write a Proposal

Advance Management accounting and performance management Essay

Advance Management accounting and performance management - Essay Example Moreover, the demand will extensively rise next year due to the Olympic Games that will be hosted in the region (Heather, 2000). Therefore, a fitness club is the best business venture that can transform the Olympic Village post the Olympic Games that commence in 2012. Besides, initiating a fitness club is a fun and financially paying business that assists people get and remain strong, healthy and fit. Owning such a business enables an individual own an artistic and resourceful business in a recession-resistant field. This business entails providing fitness services, which include individual training services, and BFIT rehab, which refers to a physical rehabilitation service. The club will also sell a range of nutritional, fitness and health products. These include the company’s own BFIT nutritionals at its stores that will be exclusive in the center (Curtis, 2003). The facilities that must be present at Rollin Fitness Center include cardio training equipments like 50Kg Barbell Dumbbell set, magnum fitness flat and auto incline treadmill; strength equipments like BNRG Proto Whey 5Lbs, power rack and smith machine and bench package. Most gyms in Europe especially in UK charge ?500 to ?700 a month but to increase competitiveness, Rollin Fitness Center should charge ?450 to ?500 a month. ... Per Unit Cost Statement It is very difficult to come up with per unit cost for a fitness club since the center offers more of service than goods (Jeff, 2004). The best way to go about it is through coming up with an hourly cost statement for any person who visits the center for fitness services. Now that monthly cost is like ?500, weekly cost will be; Monthly cost/ four (number of weeks in a month) ?500/4 Weekly cost = ?125 Daily cost = ?125/7 Daily cost = 17.86 which is approximately ?18 per person Now, to determine the hourly cost for attending the gym, the daily cost should be divided by the number of hours the center operates in a day (Curtis, 2003). Rollin Fitness Center should be opened at 8 in the morning and closed at 6 in the evening which amounts to 10 hours per day. Therefore; ?18/10 Hourly cost = ?1.8 per person This is the best way to put the charges since most people like spending few hours in the gym. Besides, since the Olympic Games are around the corner, most of the participants in the Olympic Games will only afford to spend few hours in the gym and that is the best cost for them (Kirk, 2000). Seven-year Budget Income Statement Year Number of people/day Daily income Monthly income Annual income Revenue (per year) Spent on operations Total relevant income/profit 2012 50 ?90 ?2700 ?32400 ?1000 ?5000 ?26400 2013 80 ?144 ?4320 ?51840 ?1100 ?6000 ?44740 2014 100 ?180 ?5400 ?64800 ?1200 ?7000 ?56600 2015 120 ?216 ?6480 ?77760 ?1200 ?8000 ?68560 2016 140 ?252 ?7560 ?90720 ?1300 ?8000 ?81420 2017 160 ?288 ?8640 ?103680 ?1500 ?9000 ?93180 2018 180 ?324 ?9720 ?116640 ?1500 ?9000 ?106140 N/B the amount spent on operations and revenue charged

Assignment 2 Time Constrained Test-x Example | Topics and Well Written Essays - 1500 words

2 Time Constrained Test-x - Assignment Example This should be geared towards addressing most of the challenges and needs that the society may be n need of. Therefore, through incorporating the triple bottom line theory, this paper will explore on how brands should create shared value (Junge 2011). Triple bottom line principles Social structure of the society One of the main characteristics of triple bottom line is the social structure that a brand is exposed too. For any social structure, the individuals expect that, a business that is being carried out should be beneficial to all the individuals involved and contributing to its success. This involves the laborers in the fields, the region and community in which a business is being conducted by a corporation. Therefore, for a good social structure, a corporate must consider the stakeholder and the labor interest to be interdependent (Cunningham&Cunningham 2004). Part of the social structure consideration is that a corporation should make profits that are based on the raw product and labor considerations. The raw material producer should not be given what they deserve. Some companies ensure that the raw material producer always has very little to benefit from. For example, the cement processing companies should consider the raw material value and give enough returns for the extraction of the raw material. The final product matters but if it was not for the raw material then, there would be no cement being produced. It is thus important that all the social aspects are put into consideration (Cunningham&Cunningham 2004). The labor department should also ensure that, there is no child labor in the company. The use of child labor is a form of exploitation and child abuse. More so, there should be fair wages given to the laborers of a company. The wages should match the type of work they do. Some companies undermine fair wages to their employees. This includes extra working hours under extremely tough conditions with very minimal wages provided to the employees. Some laborers even go the whole day without any allowance for food and water (Rauch 2012). It is thus vital that, considering the social structure, a company considers fair wages and also fair working hours. Providing facilities for health care of the community which is part of a business is vital and offering of education in relation to the products and their impacts is also important. For example, if the use of a certain brand of soap has side effects to the animals, then, there should be precautions on how to handle this type of soap and keep it away from pets kept at home. If all these practices are put into place, it is likely that a business will flourish with the customers and employees put into consideration hence, positive outcomes (Rauch 2012). Environmentally friendly Creation of value also entails considering practices that are sustainable in relation to the environment. The products that are produced by a company should ensure that there are minimal negative environment al impacts. Environmentally friendly and sustainable practices involve incorporating of minimal consumptions of energy resources. This should be carried out with the intention of conserving environmental resources. Better options of energy use like the use of renewable forms of energy should be encouraged (Ganesan 2012). Through this, a company involved in a business should be able to incorporate the reduction of waste