Thursday, October 31, 2019

System of Inquiry Case Study Example | Topics and Well Written Essays - 1750 words

System of Inquiry - Case Study Example (GMP History)1. GMPC boasts of an exemplary environment record and has increasingly fixed its focus on augmenting its renewable sources to ensure cleaner, greener and safer future. Only 2% of GMP's fuel mix for 2006 was from carbon dioxide emitting sources as compared to the national average of nearly 70% from emitting sources. GMP's sources comprise non-conventional energy sources like water, wood or wind, which supplies more than half of the company's requirement. (Green Mountain Power, Generating Sources Among Lowest In Emissions)2. Green Mountain Power understands the value and importance of its contribution to the community at large, and the only route in fulfilling its tremendous responsibilities is its ability to retain a good reputation in a changing social and business environment with its increasingly complex set of standards and laws. Green Mountain Power Corporation, thus, unequivocally resolves to conduct its business lawfully and with the highest degree of honesty and integrity. A corporation can act only through individuals. In order to meet this commitment, Green Mountain Power expects all its directors, officers, employees and agents to perform their duties with the highest degree of honesty and integrity. (Green Mountain Power Corporation's Code of Ethics and Conduct)3. The com... GMP's Ethical System The company has a robust ethical system in place that is broader than the standards set forth by law for an average business firm. This is in order to be in preparedness to meet any eventuality with a pro-active system to pinpoint and rectify ethical deficiencies wherever and whenever they arise. As evidence in proof to show the high level of importance the company places on proper conduct of business, all it needs is a few days spent within the confines of the company's premises and sites, and evaluate this experience with the codes of conduct stressed at different levels of authority. The company's code of conduct consists of three parts; the first one is primarily aimed at its directors, officers, employees and agents, and is geared towards a sustained public confidence in the company's good name. The second part specifies the legal requirements which every one of the company's personnel and agents must strictly adhere to. The third part describes the company's compliance program which ensures that every director, officer, employee and agent has understood and will abide by the code of conduct. (Green Mountain Power Corporation 's Code of Ethics and Conduct)4. Code of Ethics for Directors, Officers, Employees, and Agents GMP's code of ethics calls upon its personnel at every level to tell the truth, obey the law, treat others with respect, and avoid conflicts of interest. The interest and confidence of the customers and the community at large are held paramount so as to avoid even an appearance of illegal conduct. Discriminations and harassment at the workplace must be avoided as the company has expressed, in no uncertain terms, that it will not tolerate such acts. Conflicts of interest between

Tuesday, October 29, 2019

Knapp Case Study Example | Topics and Well Written Essays - 250 words

Knapp - Case Study Example Q2: Crawford auditors should take categorical measures not to permit the client to discover the materiality threshold that are to be applied in the audit. There exists unethical clients in the world. If the employees or management discover that the materiality threshold to be applied, they can use it to manipulate the system, accounts, or records because they will be aware of what the auditors are looking for in the documents and system. Arguably, it is no feasible for the auditors to hide the set threshold information, particularly when they are dealing with physical records. In the audit process, the auditors often engage the clients to assist them with various tasks, such as pulling records. If the auditors over rely on the client’s information and documents, it becomes very difficult for the auditors to detect material errors. Q3: The SFAS No. 48 â€Å"Revenue Recognition When Right of Return Exists,† and the Concept Statement No. 5 of the FASB â€Å"Recognition Measurement in Financial Statements of Business Enterprises† are the leading guidelines informing firms when they are entitled to record revenues (Knapp, 2012). Equally, revenue recognition should be based on accrual accounting in line with the GAAP. Revenue should be recognized when earned, irrespective of the cash receipt timing. Progressive payments, early payments, and deposits are not recognized as revenue until the revenue transpired. Q4: Auditors have the principle objective of attaining a meaningful assurance that the audited financial statements do not have material mismanagement (AU200-12) (.Knapp, 2012). When Deloitte altered the audit evidence, they implied that the conclusion that was presented by the original audit was no longer supported. Question 5: Incompetency with the management team increases the probability of inherent risks within the audit. Hence, auditors have to evaluate the possibility of the

Sunday, October 27, 2019

Development of Automatic Sunlight Tracking System

Development of Automatic Sunlight Tracking System Creations Automatic System of Tracking for Independent Concentrators of Sunlight J.Z.Akhadov1,*, A.A.Abdurahmanov1, M.S.Payzullaxanov1, A.A.Kuchkà Ã‚ °rov1, M.A.Mamatqosimov1, I.M.Saydumarov2, F.A.Giyasova2, T.S.Saidvaliev1 Abstract The new type of the solar gauge working by means of photo diodes SV-256 is developed. Thus accuracy of management of solar concentrators reception processes heated pair for development electricity and heat, and also hydrogen in a focal zone of concentrating systems completely provides. It was shown, that the system of tracking developed by us heliostat for trajectory the Sun has high accuracy. Linear changes of the center of a stain in dynamics makes only 2 mm that corresponds 30-80 angle to seconds. Such accuracy of tracking allows carrying out high-temperature researches in a focal zone of the concentrator. Keywords SolarPower Installation, Automatic System of Tracking, Solar Energy, the Solar Independent Combined Installation 1. Mirror Concentrating Systems One of problems of creation of concentrators of sunlight this maintenance of their orientation after visible movement of the Sun. Generally the problem of orientation of mirror concentrating systems (MCS) consists in maintenance of its such spatial position at which reflected from MCS beams constantly move on the receiver (see fig. 1). Figure 1. The Basic Scheme System of Tracking of Independent Solar Installations (The Sun- The Concentrator The Receiver) 1.1. Tracking Systems Till now are practically investigated accuracy of tracking MCS by means of optical gauges, including the size tolerance zones or a dead zone, together with accuracy the tracking’s provided with optical gauges, and also as a whole is investigated dynamics of change of corners of orientation MCS (including heliostat) within day and year, especially in the presence of overcast [1]. The problem consists that such solar gauges already grows old and not where in the world is not issued such gauges. Proceeding from it we developed new systems of tracking for solar installations with accuracy 1 angle/min. Such system of tracking copes very conveniently and easily. There are the following primary goals of orientation connected with two basic operating modes of system MCS the receiver. In the first scheme the receiver is established on MCS and moves together with it the mode of direct tracking and the second scheme the receiver is not connected with MCS and is usually motionless so-called heliostat operating mode MCS/1/. The literature analysis [2-3] shows, that generally for creation of control systems by orientation (tracking systems) both on the first and on the second following data are necessary for schemes: The equation of movement of object (in this case the equation of visible movement of the Sun); A range kinematic, dynamic, mechanical and accuracy characteristics of the rotary devices depending on their constructive scheme; Actually knowledge demanded accuracy and dynamic characteristics of control system MCS. Thus tracking systems can be divided on automatic and the programs the operated. The automated control system of tracking to classify to various signs: to destination, accuracy, a scope, an action principle etc. The basic problem consists that for individual using of independent solar installations is necessary simple system of tracking of the concentrator for the sun that not knowing what automatics and the computer any person operated system. For this purpose, the automated control systems of tracking of independent solar concentrators have developed the new scheme system of tracking by means of photo diodes SV-256 (fig. 2). Figure 2. Developed the Block of Management of Orientations MCS and Developed Solar the Gauge on the Basis of Photo Diodes SV-256 For maintenance specified above functions of management by orientation MCS should include following subsystems: the solar gauge, the executive mechanism providing turns MCS and including a reducer, a drive (electric motor); a control system including the block actually of management and the converter of signals, carrying out transformation and giving of signals on intensifying and executive mechanisms. 2. Solar Gauge The primary goal which the solar gauge as it has been specified above should carry out is binding MCS and its axes of rotation to local geographical to ordinates concerning which the law of movement of object of tracking (in our case of the Sun) can be usually certain. Developed by us the solar gauge consists of 4 photo diodes which is established one plate and divided into 4 blocks. 2.1. Solar Installations The developed automatic system of tracking of concentrators about accuracy 1 angle/min. also it is conducted tests in 1500 and 5000 W them solar installations. In further the developed system will be used in parabolic cylinder the concentrator the size 10ц¦10à Ã‚ ¼ (fig.3). Figure 3. A photo of the Developed Concentrator in diameter of 6 m The offered automated control system of tracking of independent solar concentrators with the new scheme of systems of tracking by means of photo diodes SV-256 has accuracy 30-80 angle. To seconds, tests are spent to 1,5 and 5 kW solar installations. 2.2. Models The solar power plant thermal capacity 1500 W consists from heliostatsand the sunlight concentrator. Heliostat directs solar beams on the concentrator in parallel in horizontal an axis. The parabolic concentrator reflects solar beams in focus. The tracking system is necessary for maintenance in focus of the concentrator of a stable power stream of a solar energy heliostat for the sun with high accuracy. Power light exposure of a focal zone of the concentrator it is possible allows to synthesize materials, and also to receive overheated steam for reception electric and thermal energy [4]. If the receiver has rather big thermal inertia its thermal mode will be close to stationary and development of energy or converter efficiency will be defined by an average for the period arrival of energy [5]. In a dynamic mode an average for the period Ï„ value of density of energy à Ã¢â‚¬ ¢efin a focal point A on an element of surface N, equally (1) where, à Ã¢â‚¬ ¢ÃŽ ² density of a direct solar stream. With certain degree of approach the average for the period in a dynamic mode can be considered a system condition as some static condition in aim position, but with the seeming, effective parameter of accuracy heft. In effect, almost in all cases of natural research of solar power plants their power parameters resulted frequently without references to accuracy of tracking and considered as objective (that is received at exact by adjust on a source), carry actually effective (dynamic) character. On fig. 4. a, b are shown experimental works a deviation of the center of a stain from a focal point Ain working conditions of system of tracking heliostat on a day trajectory of the Sun. As shows the analysis at such accuracy of tracking heliostat on the Sun trajectory, the deviation of the center of a stain from a focal point essentially does not change (fig. 5). a) b) Figure 4. Changes of a Stain in a Focal Zone 1,5 à Ã… ¡W the Solar Furnace. Figure 5. Dependence of an Angular Deviation of a Stain on a Corner of Disclosing of The Concentrator at Various Linear Deviations 3. Conclusions Experimental and settlement works have shown that the system of tracking developed by us heliostat for trajectory the Sun has high accuracy (figs 4 and 5). Linear changes of the center of a stain in dynamics makes only 2 mm that corresponds 30 80 angle to seconds. Such accuracy of tracking allows carrying out high-temperature researches in a focal zone of the concentrator.

Friday, October 25, 2019

A Better Understanding of Major Characters :: Essays Papers

A Better Understanding of Major Characters (1) In many plays, the minor characters['] only purpose is to establish a main aspect of a major character. A "foil" is a minor character in literary work who by the similarities and differences in what he or she does (as compared to a more important character). [Frag - 1] It is to help the audience and reader get a better understanding of the more important character. In the play Hamlet , [sic] foils are used to establish a major point that would be hidden if they were not used. There are many foils[,] but Hamlet/Laertes and Hamlet/King Hamlet will be the only ones explored in this essay. [Very weak thesis -- What point is this essay going to try to make about them?] (2) King Hamlet and Hamlet, father and son, not only share the same last name, but also have many other similar characteristics. Both men share the belief that King Hamlet was hurt so terribly by Cladius that it ruined and ended his life in the living world. [This suggests that he had a life in some other world. As I think about it, I guess he did -- in the world of ghosts. But then, do ghosts have a "life?" As I think about these things, my eyes have kept reading, and now I am lost. Had the writer gone on to explain, I couldn't complain, but the writer dropped the topic.] The cause of both of their deaths was due to poisoning, by this horrid man. These two loving men are very well liked by everyone around them. The similarities of the King and his heir to the throne puts [SV Agr - 1] into perspective the fact that Cladius is a horrible man who both of them were terribly wronged by. ["Perspective" needs more explanation -- what perspective? Or do you simply mean "emphasizes "?] (3) Not only do these two have very similar characteristics, but they are very different in many ways to. [H 50] King Hamlet was a very serious man who always went through with deeds that needed to be done. [Examples?] On the other hand[,] Hamlet is a very indecisive man. This is proved by the fact that he was very hesitant to fallow [sic; H 50] through with his father's request to avenge his death.

Thursday, October 24, 2019

Psychological Prospective

Human behavior has been studied by Psychologist throughout the years. Although they cannot agree upon what makes a person who they are, a few different theories have been developed. Among these theories are the evolutionary theory, the behavioral theory, the biological theory and the cognitive theory. The evolutionary theory focuses on our traits being passed down through the survival of genes. The behavioral theory is based upon our traits being learned by observation and our environment. The biological theory says that our traits are derived from heredity. Lastly, the cognitive theory states that our traits are a learned and come from our experiences. Of these theories, I feel that the cognitive theory and the behavioral theory are very similar because how we think about things can often be influenced by our environment. However, I lean more toward the cognitive theory. I believe that many of our traits are learned as a child from the adults around us. Many times the way we think and believe is taught to us by our parents, family members, a pastor, or a grade school teacher. Children are very influential and want to be like the people they love. As children we are taught that when we misbehave there will be consequences. By paying these consequences we learn not to repeat the bad behavior or we will pay the consequences again. An example from my childhood of cognitive learning would be when I went to the store with my mother and asked her to buy me some candy. She told me no, so when she was not looking, I put the candy bar in my pocket. When she realized what I had done, she took me back to the store and made me tell the store clerk what I had done. Not only did this embarrass me, but it also taught me a lesson. Although I knew stealing was wrong, it did not stop me from doing it because I did not know what the consequences would be. This life lesson from my mother stuck with me as a child and I still Psychological Prospective Essay 3 remember it as an adult. Since that day, I have not stolen anything else from anyone and I never will. Not only are positive behaviors learned, but negative behaviors can be learned as well. Hate can be a learned behavior and passed down from generation to generation. Racism is a form of hate. As a child, if we observe our parents treating people of different racial backgrounds in a negative way, we are taught to treat these people the same way. Until someone puts a stop to it and teaches there child to love everyone equally, the cycle will continue and go on to the next generation. An example of hate being a learned behavior from my childhood comes from my father’s side of the family. Prior to my birth, my father had a disagreement with his brothers and sisters. Because of this disagreement, my dad stopped speaking to his family. This lasted throughout my childhood and continued well into my adult life. Even though I had never met my aunts and uncles and they had done nothing to me personally, I did not like them and had negative feelings toward them. When I was in my twenties, my dad found out he had cancer and did not have much time left to live. He finally made peace with his family and I met my dad’s brother for the first time. He was a very nice man and I realized I had hated him my whole life for absolutely no reason other than that I was told to dislike him. Through studies, Psychologist have learned that even something as horrible as child abuse can be a cognitive behavior. Many child abusers report that as children they also suffered abused at the hands of their parents. Many people would think that a man or woman who grew up in a home where child abuse was present would remember the pain and suffering that it caused them. That it would make them want to break the cycle and not cause their own child this same pain. However, in reality, they continue the same pattern of behavior that they learned from there parents and the cycle continues. Psychological Prospective Essay In summary, my belief is that our identities are formed in many different ways, but the cognitive theory is the one that I believe in the most. Why do I do what I do? Why do I feel the way I feel? Why do I think the way I think? I believe that our personalities are built over time 4 through our memories and experiences that we have along the way. As we grow up and develop, we are both positively and negatively influenced by the people in our lives. No matter how we become who we are today, as we look back on our lives we can all pinpoint experiences and people who changed our lives forever. The story of how we became who we are is a reflection of the experiences we have had, the places we have been, the people we have met and people who have loved us along the way.

Wednesday, October 23, 2019

Behavior Traits of Successful Businesses

Businesses are resource limited and must determine where and in what way to allocate resources to achieve business mission objectives. This translates to why it is so important for business to be creative and actively plan for innovation correctly. Innovation is a change of direction and it alters investment policy so it is essential from the onset for the business planner to be clear about the current state of product â€Å"portfolio†. The planner must recognize how to balance the current products against possible policies for future development and their likely implications in terms of cash flow, market share, return on capital employed and other key components of company objectives. A successful behavior trait taking hold for successful companies is to develop business models to assess a strategy. These models provide change models expanding on issues such as â€Å"what†, that provide a picture of the company now of analysis; and â€Å"which†, that suggest alternative action paths for the company to take. Both of these models provide information to build a more complete picture of events within the business and options for future development. Managers should make use of these models and many don†t. Those that do are more likely to be successful and have the ability to minimize risk of failure. Business managers who do are far more likely to survive. For planners and non-planners there is not a single universal technique that can be applied in all situations. Use of strategic planning models can be a very important behavior trait for successful companies. Companies that do not use strategic planning models usually don†t because the model does not offer what the customer wants. It may be inadequate because of its analysis of the relationship between company resources and markets. These result in advice about overall investment decisions rather than about the specifics of how to manage the alternatives in the market/business relationship can be shortsighted, since there are always alternatives in order to gain the maximum competitive advantage. Since change is so an important aspect of business continuity, many models don†t necessarily provide assiduous suggestions for what type of change should be considered. An example of modeling one such model in use by Boston Consulting Group (BCG) subdivides their profit centers into four main subdivisions. This breakdown does help in planning for strategic investment matters but it does not assist the planner in identifying a single product development proposal to investigate further from a number of alternatives. The matrix system comprises the following: 1) Stars, which are products generally with negative cash flow 2) Question marks, which are products with generally negative cash flows but with low relative market share in growing markets 3) Dogs, which are products unlikely to be generating substantial positive cash flows due to the fact that they are in slowly growing markets with low relative market shares 4) Cash cows, that are products that generating cash which have high relative market shares and are established in slowly growing markets. BCG model like the previous statement in the above paragraph does not define the product enough and does not create opportunities to explore alternatives in which to improve profitability or market share. The growth concept is divided into five separate levels one being dominant, strong, favorable, tenable and weak and relates this to the stages of market development. The stages are embryonic, growing, mature, and aging, which produce a series of strategic guidelines for company development. The market growth concept provides valuable guidance about broad policies, replacing the concept of market attractiveness in the GE matrix with stages of market growth. A PLC (product life cycle) are frameworks for planning. It suggests that specific changes in product policy should be followed after the initial product introduction. A major problem is that few products follow â€Å"typical† PLC curves. This implies that the organization evaluates the likely progress of each facet of the product†s performance over the ensuing time scale to identify particular areas where investment should be concentrated without a clear indication as to whether that product will follow the predicated path of the PLC. There are several other types of commonly used models and analysis (Product viability, Market newness, technology position, opportunity cost risk, and the Ansoff matrix) that can be employed each having strengths and weaknesses and should be applied to achieve a specific outcome. By carefully defining the likely market attractiveness for innovation and the resource environment for innovation, management can identify the types of innovation that are appropriate for a particular business unit. The key components of the market and resource environments are: 1. Market attractiveness is degrees of synergy, market size, barriers to diffusion, the expected product life and the stage of technological development. 2. Resource components are likely to be market position and personnel resource, which combine to yield a definition of the company core competence. By establishing a weighting scheme the analyst can create a three-by-three grid of market attractiveness versus resource environment to provide a measure of the likely ability of the organization to carry out particular types of innovation and the expected profitability of the proposed innovation policy. Personnel are the hearts of a continuing effective innovation policy. But, it is just as important that management and leaders are made aware of their unique roles and how crucial their behavior is upon the organization – ultimately the success of the company. Managers must be able to stimulate conversation and innovation. Leaders must be clear on how paradigm shifts and leadership is interwoven. Managers must be able to demonstrate paradigm pliancy if they are going to expect others to practice it. The more active managers can be in the search for new paradigms, the more likely those managers will be to have people work with them. An example made in the paradigm text indicated that the piston engine was on its way out in the 1970†³s because of the mandates on for a cleaner environment. Once the engine engineers stepped outside the old boundaries, they found that electronics could help to resolve the issue. Managers must facilitate and encourage cross talk. More and more the answer to a particular problem will lie with someone else and if you don†t apply the cross communication, that idea won†t be brought to surface effectively. It†s especially important that managers listen. Even when some ideas sound off the wall, you want people to approach with their ideas in an on-going fashion. On the other hand, the merger of these ideas though on their own may seem a bit far-fetched; when combined they offer leverage for the manager to generate great and unique solutions. In the text, Paradigm, the author Joel Arthur Barker defines a leader, as a person one will follow to place one wouldn†t go by himself or herself. To be successful in the twenty-first century means that leaders will need to be competent on managing within a paradigm and leading between paradigms. One without the other will not work. Successful leaders tend to lead to new paradigms in a variety of ways. Leaders need to be aware of the pattern of choices that occur during paradigm shifts. Typically three opportunities emerge: 1. Keep the paradigm; change your customer 2. Change your paradigm; keep your customer 3. Change your paradigm; change your customer Warren Bennis set forth a list of characteristics of leaders in the May 1990 issue of training magazine. The manager administers; the leader innovates. The manager has a short-range view; the leader has a long-range perspective. The manager asks how and when; the leader asks what and why. The manager has his eye on the bottom line; the leader has his eye on the horizon. The manager accepts the status quo; the leader challenges it. Roger Milliken, CEO of Milliken and Company, a privately held textile company in South Carolina demonstrated true leadership when he began his company drive to world-class status in the early 1980†³s Though most industry experts predicted the demise of the U.S. textile industry, Milliken continued to pursue excellence. In 1990 Roger Milliken won the noted Malcolm Baldridge Award demonstrating excellence. Employees operate at different levels, some are visionaries (don†t have people following them), some are leaders, some are managers, some are leaders and even a smaller percentage have all four roles – remarkable is a company that has an individual having all four characteristics. The most important factor in sector creating innovation is the concentration on academic and theoretical concept development, which demands a specific organizational framework. They contrast with the rapid developmental demands of performance extension, technological reorganization and process innovations and with the need for close contact with the market required by other types of innovation. Therefore, three broad types of organizational patterns can be described as appropriate for components of the innovation matrix and it can be described as follows: 1. Common room – appropriate for the development of sector creating innovations 2. Rugby scrum – approaches are best for the management of performance extension, technological reorganization and process innovations and those innovations that require a close and continuing contact with the marketplace for effective control 3. Coffee shop – reformation, service, branding, design and packaging are most suited in this sector Once a company has formulated an innovation policy it must evaluate whether to acquire the expertise from outside the organization (acquisition), to borrow it (licensing), to develop it with a partner with some specific expertise in this area (joint venture), or to concentrate on developing the knowledge internally. By studying how knowledge has been acquired and the problems associated with each route, it is then possible to come to some general conclusions about the best overall method for developing competitive advantage in the 1990†³s and beyond.

Tuesday, October 22, 2019

Choosing nursing as a career Essay Example

Choosing nursing as a career Essay Example Choosing nursing as a career Paper Choosing nursing as a career Paper What are your reasons for selecting Nursing as a career? What are your aspirations for the future?   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   With the increasing number of population in the world who wants to live longer and thus needing specialist in the field of health care industry, nursing is one of the best choice in choosing a career. Nursing as a career does not only offer healthy salaries to those registered nurse but it offers a lot of rewarding opportunities because of its strong demand. According the Discover Nursing website, by the year 2020 there will be an estimated shortage of 800,000 nurses and this lead for many hospitals to offer signing bonuses of up to $14,000 for experienced nurses. Aside from this rewarding offers to nurses, it has other attractive reasons why choosing nursing as a career. One, being a nurse offers flexibility in my working schedules that I could work full-time or part-time, I can even choose if I want to work only for weekdays or weekends or a combination. Second, I can work anywhere I want, like if I want in urban hospitals or in quite re laxed suburbs. It also offers me a great opportunity of traveling to any state in United States, and even to different countries in Europe, Australia, or Africa. It gives me the chance of seeing the world using my profession. Moreover, being a nurse does not give me a hesitation if I could work abroad or not because demand for nurses in most countries is so high and I am assured that I could land a job quickly.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Moreover, if given a chance, after pursuing the Degree of Nursing, while working as a registered nurse I would choose to continue studying to Master Degree or Doctoral Degree perhaps. Once I already hold the Degree of Doctoral, I already have leadership’s roles in the field of Nursing that I could conduct research about nursing practice and health care or teach at colleges and universities. Thus, by choosing nursing as a career I could already picture out myself five or six years from now. Sources: Job Opportunities. Retrieved February 18, 2007, from DiscoverNursing.com Web site: discovernursing.com/job-opportunities

Monday, October 21, 2019

Passage to India essays

Passage to India essays In E.M. Forsters novel A Passage to India, characters often seem grouped into one of two opposing camps: Anglo-Indian or native Indian. All the traditional stereotypes apply, and the reader is hard pressed to separate the character from his or her racial and ethnic background. Without his Britishness, for instance, Ronny disappears. However, a few characters are developed to the point that they transcend these categories, and must be viewed as people in their own right. Perhaps the most interesting of these is Mrs. Moore. Not only do ethnic boundaries not usually apply to her, but these divisions often blur in her case. Mrs. Moore straddles the line between conventional East and West in a number of different ways, and in some cases leaves both behind completely. From her very first appearance in the book, Mrs. Moore is an atypical Westerner. The only impressions of Anglos that the reader has yet gathered are the complaints of Hamidullah and his friends at the dinner party, Major Callendars abrupt summons of Dr. Aziz and the rudeness of Mrs. Callendar and Mrs. Lesley. Mrs. Moore materializes from nothing in the dark mosque, an apparition in a place where no whites ever bother to visit. She has respected the native customs by removing her shoes, and startles both Dr. Aziz and the reader by calmly explaining God is here (20). Right from her introduction, she is clearly not the average Englishwoman, and goes on to have a meaningful conversation with Aziz. Her considerate behavior might at first appear to be mere ignorance of local standards or inexperience in India, but in her subsequent conversations, Mrs. Moore demonstrates that she holds an entirely different view on life than Ronny and the other Anglos, or even Adela. For her, God is lov e, and people have been put on this earth in order to be pleasant to each other (51). There is no nonsense about following ...

Sunday, October 20, 2019

Apj Abdul Kalam Quotes

I wonder why some people tend to see science as something which takes man away from God. As I look at it, the path of science can always wind through the heart. For me, science has always been the path to spiritual enrichment and self-realisation. The best way to win was to not need to win. The best performances are accomplished when you are relaxed and free of doubt. One of the important functions of prayer, I believe, is to act as a stimulus to creative ideas. Within the mind are all the resources required for successful living. Ideas are present in the consciousness, which when released and given scope to grow and take hape, can lead to successful events. God, our Creator, has stored within our minds and personalities, great potential strength and ability. Prayer helps to tap and develop these powers. I have always been a religious person in the sense that I maintain a working partnership with God. I was aware that the best work required more ability than I possessed and therefore I needed help that only God could give me. I made a true estimate of my own ability, then raised it by 50 per cent and put myself in Gods hands. In this partnership, I have always received all the power I needed, and in fact have actually felt it flowing through me. Today, I can affirm that the kingdom of God is within you in the form of this power, to help achieve your goals and realise your dreams. I have used the word flow at many places without really elaborating its meaning. What is this flow? And what are these Joys? I could call them moments of magic. I see an anology between these moments and the high that you experience when you play badminton or go Jogging. Flow is a sensation we experience when we act with total involvement. During flow, action follows action according to an internal logic that seems to need no conscious intervention on the part of the worker. There is no hurry, there are no distracting demands on ones attention. The past and the future disappear. So does the distinction between self and the activity. I have always considered the price of perfection prohibitive and allowed mistakes as a part of the learning process. I prefer a dash of daring and persistence to perfection. To succeed in your mission, you must have single-minded devotion to your goal. Individuals like myself are often called Workaholics. I question this term because that implies a pathological condition or an illness. If I do what I desire more than anything lse in the world and which makes me happy, such work can never be an aberration. Words from the twenty-sixth Psalm come to my mind while I work: Examine me, O Lord, and prove me. Total commitment is the common denominator among all successtul men and women. Happiness, satisfaction, and success in life depend on making the right choices, the winning choices. There are forces in life working for you and against you. One must distinguish the beneficial forces from the malevolent ones and choose correctly between them. God can do tremendous things through the person who doesnt care about who gets he credit. Ego involvement must go, writes [Robert] Schuller. Before God trusts you with success, you have to prove yourself humble enough to handle the big prize. It has been my personal experience that the true flavour, the real fun, the continuous excitement of work lie in the process of doing it rather than in having it over and done with. A person with belief never grovels before anyone, whining and whimpering that its all too much, that he lacks support, that he is being treated unfairly. Instead, such a person tackles problems head on and then affirms, As a child of God, I am greater han anything that can happen to me. Looking back on my days as a young scientist, I am aware that one of the most constant and powerful urges I experienced was my desire to be more than what I was at that moment. I desired to feel more, learn more, express more. I desired to grow, improve, purify, expand. I never used any outside influence to advance my career. All I had was the inner urge to seek more within myself. The key to my motivation has always been to look at how far I had still to go rather than how far I had come. After all, what is life but a mixture of unsolved problems, ambiguous victories, and morphous defeats? The trouble is that we often merely analyse life instead of dealing with it. People dissect their failures for causes and effects, but seldom deal with them and gain experience to master them and thereby avoid their recurrence. This is my belief: that through difficulties and problems God gives us the opportunity to grow. So when your hopes and dreams and goals are dashed, search among the wreckage, you may find a golden opportunity hidden in the ruins. Great dreams of great dreamers are always transcended. Are you aware of your inner signals? Do you trust them? Do you have the focus of ontrol over your life in your own hands? Take this from me, the more decisions you can make avoiding external pressures, which will constantly try to manipulate and immobilise you, the better your life will be, the better your society will become. The entire nation will beniflt from having strong, inner-directed people as their leaders. e sa difficult game. You can win it only by retaining your birthright to be a person. And to retain this right, you will have to be willing to take the social or external risks involved in ignoring pressures to do things the way others say they should be done. Gods providence is your inheritance.

Friday, October 18, 2019

Questions for Thought Assignment Example | Topics and Well Written Essays - 500 words - 2

Questions for Thought - Assignment Example On the other hand, the waterfall method is a sequential design process. Completion of one stage usually leads to the next stage that has different goals. Agile methods allow an individual to make frequent changes to the management process and test the various stages of the project (Nayab 1). Change management is a vital process for IT professionals in many organizations. Every organization undergoes different forms of change. As the world of technology and business is changing it is paramount for organizations particularly the IT departments to conform to these changes. Change management is whereby the organization applies structured processes and tools for leading people during the change to achieve a particular outcome. Organization change management offers a framework upon which organizations can manage the changes in organization structure, new business processes, and cultural changes facing the company. Change management is beneficial particularly when the change requires all employees or people in the organization to learn new behaviors and skills. Organizations should set expectations, use tools to improve communication and reduce misinformation among employees to ensure they adapt to the change. Managing change is paramount for organizations that seek in the cor porate world (Fernandez and Rainey 168). There is a growing contention on whether organizations should develop their software packages of not. Several advantages are cited to support the development of personal software packages. However, before developing build in software packages, the company should assess the benefits of the software in relation to canned software packages. The â€Å"build versus buy† discussion is an important issue facing companies today. If building seems cheaper, it may be the best option rather than buying. Other benefits of building software packages include the ability to

Organisations have different forms ranging from sole trader to large Essay

Organisations have different forms ranging from sole trader to large multinational corporations. Choose an organization of your choice and complete the followin - Essay Example The Coca-Cola is one of the most celebrated brands among all the world-class products and industries. The title, trademark and logo of this giant organisation are thought to be the symbol of reliance and confidence. Introduced in May 1886 in Atlanta, Georgia, Coca-Cola company has become very much popular among the people of various age groups and socioeconomic classes all over the globe. Right now, it is at the top in respect of sales among the soft drinks, mineral water and food products of the globe. During the last many decades, the organisation has been the sponsor of mega events and grand ceremonies including Olympic Games, World Cups, G-8 conferences and other domestic, national and international ceremonies. An international organisation makes its plans and devises its strategy for the people of the whole world without discrimination; so it always maintains a universal thoughtfulness and a global vision while manufacturing and selling its products. The products of a multinational organisation are welcomed and well-known at divergent parts of the world, which enhances its popularity and unconditionally supports the company in respect of its sales volume and sound reputation. A global product always paves the way towards innovative ideas in manufacturing and marketing, which is also beneficial for the local brands to improve their quality and present their products to the customers in a refined way. An international brand contains its offices, outlets and factories everywhere on the Earth, where it hires the services of the people as its employees in every country, which is highly supportive in respect of introducing new products and presenting novel ideas in a refined way.. The multinational brand has wide range of its consumers, which not only results in the manufacturing of new tastes, but the brilliant brains existing everywhere as the employees of the company do not let the rival brands beat their company. A

MEASURES OF THE ECONOMY- U.S. International Trade In Goods And Research Paper

MEASURES OF THE ECONOMY- U.S. International Trade In Goods And Services - Research Paper Example To calculate the gross domestic product, one adds the components of the economy which include the measure of all the goods and services produced in that nation. Most of the goods and services produced in a nation are purchased locally by consumers. This makes the largest component and most stable of the economy as it is the consumer spending (C) in the United States (Brezine 168). Obtaining of consumer spending is by adding together non-durable for instance foods and durable for instance automobiles goods. The services will include mechanic, barber and medical services. The next component is the investments made by industries and businesses (I). When calculating the GPD, investment refers to purchases made by the industries in new production facilities or also the processes of buying new capital and putting it into use e.g. building of new factories, buying of a new truck and purchasing new software (Mankiw 201). In essence, this means that the factories reproduce as they buy new goods and services that will lead to production of more goods and services. The next component for calculating the GDP is calculating the net export which is the difference between all values of exports and the values of all imports. Exports are the goods and services that are produced internally in a nation but are sold to the foreigners. Imports are services and goods that have been produced by foreigners but are sold domestically (Mankiw 203). If the exports of a certain year exceed the imports then the GPD will increase, and if this is the opposite, the GPD will decrease. The final component used is the government expenditure. The government buys goods and services using the tax money. The goods and services purchases are a measure of the goods and services produced. Examples of government expenditure will include hiring of the civil servants and construction of roads and public buildings (Sugimoto 225). Government expenditure does not incorporate any transfer payments such

Thursday, October 17, 2019

Analysing the industrial relations pressure in an industry or Research Paper

Analysing the industrial relations pressure in an industry or organisation in Australia - Research Paper Example The paper tells that the latter half of the twentieth century saw a progression of elite sports in Australia from the amateur and weekend pursuits towards the full time multi-million dollar enterprises. Along with the increasing professionalism in this industry the labour and industrial relations too has begun to resemble the traditional industries in various sectors. The sector has faced constant pressure to provide high wages to these elite players as they have taken up a more serious attitude towards negotiating and bargaining industrial relations issues. Sports are regarded as a lucrative business in which the players’ lifestyles can be determinant of the financial contracts that they can negotiate. Development of the enterprise bargaining (EB) in Australian sports bears relevance to bargaining in Australia. Negotiation occurring between the different parties occurs at the individual as well as the enterprise levels. However, the position of players’ associations as well as the sporting leagues in the bargaining process remains week and demands attention. The professional sporting players associations or unions have a chequered history. Out of thirty three attempts to form the players associations in the professional sports team in Australia only six remain in existence till date. Another important issue in the professional sports sector in Australia is that it is found to be very oppressive in terms of the employees’ labour rights. It is seen that players belonging to the major professional team sports remain strictly restricted by the league mandated labour regulations or industrial relations regulations.... Mobilising of members actually provides unions with the power to use their voice collectively to influence their employers and actions of institutions to benefit the cause of employees (Brooks, Callen, Singh, Felman & Thimann). The players associations particularly use such industrial actions in the same way and have successfully strengthened their positions in the industry which poses threat to this sector. Literature reveals that these associations capacity to engage in such industrial actions actually determines their success in the industry in terms of wages and salaries. These have yielded positive gains for these players in terms of their wages and other conditions of employments (Hanley & Rogers, 2004, p.4). There has been the generation of organizational conflicts in this industry. Common causes of conflicts identified are in terms of revenue sharing, refusal to compromise, welfare of players, and administrative incompetence. The failure to arrive at common objectives by the negotiating parties for the IR processes coupled with the reluctance of such parties to compromise on self interests are identified as two of the major reasons for organizational conflicts in this industry (Hanley & Rogers, 2004, p.5). Industry/ organisation The Australian sports industry has proceeded a long way since the last fifteen years. There are great entry of funds via such avenues as coaching, facility development, sports sciences, national sporting schemes, institute establishments, sport management and talent identification program. Being a relatively new industry in the market, this sector is quite unregulated and is yet to define its boundaries completely. Lack of minimum salary structures, dispute resolution procedures or

Trusts Law Essay Example | Topics and Well Written Essays - 2500 words

Trusts Law - Essay Example r to fully understand the trust and its principle application it is necessary to know what a trust is, the different types of trust and the specific requirements for the creation of a trust. A trust can be either express or implied.3 The express trust entails a purposeful creation while the implied trust occurs by operation of law in cases where an unconscionable outcome would occur.4 The implied trust can be either constructive or resulting.5 The resulting trust occurs where property transferred reverts to the settlor or his/her estate. A resulting trust can also be established to fill a â€Å"gap in ownership† or dispose of â€Å"surplus of trust funds† after the disposition of the trust property.6 Quite often a resulting trust follows from a trust which is settled by virtue of a condition precedent which fails.7 A resulting trust may also be implied by law where it is necessary to interpret and give effect to the settlor’s intention.8 In such a case, the settlor of the property is presumed to be the equitable owner of the property 9. When property is purchased in the name of a third party this may obviate such a presumption. For instance, an individual purchases stock and directs the vendor to transfer the stock to a third party. It is naturally presumed that the stock is held upon trust for the purchase of the stock.10 On occasions when a trustee abuses the confidence reposed in him by realizing an unauthorised profit derived from the trust property, or becomes unjustly enriched at another’s expense, the court may impose a constructive trust on the party who acted with impropriety.11 In Broadman v Phipps [1967] 2 AC 46 the court imposed a constructive trust in a situation where an attorney in the course of representing a trust happened to come across some confidential information which he used for the purpose of acquiring company shares that were partly owned by the trustees. The company did well and made significant profits as a result of the

Wednesday, October 16, 2019

Conflict in management,negotiation between management and union, case Assignment

Conflict in management,negotiation between management and union, case study - Assignment Example The management’s decisions to change the grading structures whereby demarcating the duties completely and then amalgamating them into a single and ‘all purpose grade’ system would not be effective after a certain point of time. Also providing the necessary training to the workers to adopt the new skills would become ineffective after a point of time. This is because adopting the new skills would necessarily be resisted by the workers as they would have gained competence in the skills they were working over the years. The availability of a generous fund for Mirenda Corporation can be regarded as a positive factor for the organization. This can be used as a tool for convincing employees about the plans of expanding operations, availing of new equipments and training employees on new skills. Also the change programs that the management was seeking to adopt would be affected by the fact whether their previously adopted changes were successful. Moreover, the higher pro ductivity from each individual worker against the salaries they were offering would be accepted only on the condition whether the previous promises were fulfilled. For example, if it is seen that the management had failed to keep their previously made promises then they would not have strong position to bargain with the union. In the Miranda Corporation, the management’s decision to not concede with the claim for compensation for past productivity was not appreciated by the union. In this regard it can be said that the management would hold a weak position if it failed to meet the unsettled claims. One of the strengths that the management had was the support of the supervisors. This could be used as a positive force while bargaining with the union. The supervisors were found to be an aged group and had little satisfaction with the workings of the unions. In fact they considered the union representatives as being opportunistic and worked in a way which was neither fair nor mea nt to bring about long term benefits to the workers or the company. Thus the management could utilize this opportunity and cater to the key interests of the members. According to the case of the Ford Company and the United Auto Workers (UAW), the negotiation between the management and the unions was primarily based on the thought of crystallizing the interests of the members. The management’s strength laid in the fact that it meant to protect the retiree benefits, ensure investments and jobs, and tried to secure greater voice of the workers in the business. So it can be said that trying to meet the interests of the workers by listening to their problems and needs would act as strength while negotiating with them. It is through serving their interests would the management be successful in earning their participation in driving through the company’s plans for the plant (Anonymous, n.d., p.3). One of the greatest threats which have been observed is the position of Spainâ €™s branch. It is believed that if the management did not incorporate radical changes in its work structures, practices, procedures and

Trusts Law Essay Example | Topics and Well Written Essays - 2500 words

Trusts Law - Essay Example r to fully understand the trust and its principle application it is necessary to know what a trust is, the different types of trust and the specific requirements for the creation of a trust. A trust can be either express or implied.3 The express trust entails a purposeful creation while the implied trust occurs by operation of law in cases where an unconscionable outcome would occur.4 The implied trust can be either constructive or resulting.5 The resulting trust occurs where property transferred reverts to the settlor or his/her estate. A resulting trust can also be established to fill a â€Å"gap in ownership† or dispose of â€Å"surplus of trust funds† after the disposition of the trust property.6 Quite often a resulting trust follows from a trust which is settled by virtue of a condition precedent which fails.7 A resulting trust may also be implied by law where it is necessary to interpret and give effect to the settlor’s intention.8 In such a case, the settlor of the property is presumed to be the equitable owner of the property 9. When property is purchased in the name of a third party this may obviate such a presumption. For instance, an individual purchases stock and directs the vendor to transfer the stock to a third party. It is naturally presumed that the stock is held upon trust for the purchase of the stock.10 On occasions when a trustee abuses the confidence reposed in him by realizing an unauthorised profit derived from the trust property, or becomes unjustly enriched at another’s expense, the court may impose a constructive trust on the party who acted with impropriety.11 In Broadman v Phipps [1967] 2 AC 46 the court imposed a constructive trust in a situation where an attorney in the course of representing a trust happened to come across some confidential information which he used for the purpose of acquiring company shares that were partly owned by the trustees. The company did well and made significant profits as a result of the

Tuesday, October 15, 2019

Work Family Conflict Essay Example for Free

Work Family Conflict Essay Consequences Associated With Work-to-Family Conflict: A Review and Agenda for Future Research Tammy D. Allen, David E. L. Herst, Carly S. Bruck, and Martha Sutton University of South Florida A comprehensive review of the outcomes associated with work-to-family conflict was conducted and effect sizes were estimated. A typology was presented that grouped outcomes into 3 categories: work related, nonwork related, and stress related. Issues concerning the measurement of workfamily conflict were also discussed. The results demonstrate the widespread and serious consequences associated with work-to-family conflict. On the basis of the results of the review, an agenda for future research was provided. Striking changes in the nature of families and the workforce, such as more dual-career couples and rising numbers of working mothers with young children, have increased the likelihood that employees of both genders have substantial household responsibilities in addition to their work responsibilities (Bond, Galinsky, Swanberg, 1998; Gilbert, Hallett, Eldridge, 1994). These radical changes have prompted considerable research related to work and family issues. The topic of work-family conflict has been of particular conflict interest. Recent research indicates that 40% of employed parents experience work-family at least some of the time 1993). Moreover, (Galinsky, Bond, Friedman,  Kahn, Wolfe, Quinn, Snoek, and Rosenthal (1964) suggested that work-family conflict is a type of interrole conflict in which role pressures from the work and family domains are mutually incompatible to some degree. That is, work-family conflict occurs when demands associated with one domain are Kopelman, incompatible with demands associated with the other domain (Greenhaus Buetell, 1985; Greenhaus, Connolly, 1983). Although early  research treated work-family conflict primarily as a unidimensional construct, recent research (Frone, Russell, Cooper, 1992) suggests that it is reciprocal in nature, in that work can interfere with family (work-to-family conflict; WFC) and family can interfere with work (family-to-work conflict; FWC). WFC and FWC are generally considered distinct but related constructs. Research to date has primarily investigated how work interferes or conflicts with family. Outcomes associated with excessive work interference with family include job dissatisfaction, job burnout, turnover, depression, life dissatisfaction, and marital dissatisfaction (e.g., Adams, King, King, 19%; R. J. Burke, 1988; Frone et al., 1992; Greenhaus Beutell, 1985; Netemeyer, Boles, McMurrain, 1996; Thomas Ganster, 1995). Despite the rapidly growing body of literature examining WFC, few efforts have been made to review empirical findings. Over a decade ago, Greenhaus and Beutell (1985) reviewed the studies that had investigated sources or antecedents of WFC. More recently, Kossek and Ozeki (1998) conducted a meta-analysis examining the relationship between WFC and two specific outcomes: job satisfaction and life satisfaction. Kossek and Ozekis work was much needed and an informative addition to the literature. However, there are many additional outcome variables that have been empirically related to WFC that were not included in Kossek and Ozekis study. The  Galinsky et al. reported that workers who started a new job within the past 2 years stated that the effect of the job on family life was second in importance to open communications when formulating their decision to accept the job. Likewise, Galinsky, Johnson, and Friedman (1993) cited a study conducted by the New York Times indicating that 83% of working mothers and 72% of working fathers reported experiencing conflict between their job demands and their desire to spend more time with their families. These findings underscore the importance of the topic of work-family conflict to both organizations and employees. Tammy D. Allen, David E. L. Herst, Carly S. Bruck, and Martha Sutton, Department of Psychology, University of South Florida. Aprevious version of this article was presented at the 14th Annual Meeting of the Society for Industrial and Organizational Psychology, Atlanta, Georgia. We thank Mark L. Poteet, Lillian T. Eby, and Paul E.  Specter for their helpful comments regarding various aspects of this article. Correspondence concerning this article should he addressed to Tammy D. Allen, University of South Florida, Department of Psychology, 4202 East Fowler Avenue, BEH 339, Tampa, Florida 33620-8200. Electronic mail may he sent to [emailprotected]  purpose of the present article is to fill this void in the literature. This review provides a comprehensive summary and evaluation of empirical research of the outcomes associated with WFC, including an organizing framework and suggestions for future research. An extensive review is needed for several reasons, One area of concern is the l imited amount of integration in the field. The work and family research arena is fractionated because of diverse types of individuals working in it. For example, individuals working in disciplines such as psychology, sociology, business, and social work have contributed to work and family research. This tends to lead to an emphasis on different issues (e.g., sociologists are more concerned with family-related outcomes, whereas organizational psychologists are more concerned with work-related outcomes) without an examination of similar work in other disciplines. As noted by Russell (1991), implications associated with fractionation and isolation are that progress in research and practice is not systematic or integrated. Separate, disjointed theories may develop across fields as a result. This limits the progress that could be made by taking a broader, more integrative perspective that builds on previous research. By providing a summary of existing research organized under one framework, we hope that researchers from various disciplines will become more familiar with one anothers work, facilitating the integration of findings from various subfields and subsequent theory building. Additionally, a comprehensive review of the area should help clarify and underscore the widespread negative effects of WFC. A better understanding of these effects might aid in efforts to manage the work and family interface. Moreover, highlighting the dysfunctional and socially costly effects  associated with WFC may help convince policymakers of the need to provide interventions that can help mitigate WFC. For clarity and parsimony, our article is restricted to a review of the outcomes associated with work-tofamily conflict (WFC). In some cases, results were reported in which researchers combined WFC with FWC or asked about work and family conflict in general. Those cases are noted in the review. This review is divided into four major sections. First, the criteria used to identify articles for the review and to conduct statistical analyses are briefly described. Second, we examine issues concerning the measurement of WFC. Third, we present the results of our review for the three categories of outcomes followed by a summary and suggestions for additional research for each. Finally, a general discussion of findings and future research are provided. Method Relevant articles were identified through manual and computer searches. Computerized searches were conducted through PsycLJT and OVID information bases using the key words work and family conflict.11 A manual search was conducted of all articles published from 1977 through 1998 in Journal of Applied Psychology, Journal of Organizational Behavior, Journal of Marriage and the Family, Journal of Vocational Behavior, Organizational Behavior and Human Decision-Making Processes, and Academy of Management Journal. Additionally, the reference list of each identified article was manually cross-checked for other potential articles. Attempts were also made to locate articles that used slightly different terms such as interrole conflict and multiple role stress1 to refer to WFC. Our criteria for inclusion in the review were twofold. One, WFC had to be a quantitatively measured variable in the study. Thus, we eliminated articles that were not empirical. Two, the study had to measure the relations hip between WFC and one or more variables that could theoretically be considered outcomes of WFC. This eliminated articles that focused solely on sources or antecedents of WFC. It should be noted at this point that the majority of studies in the work and family arena have been cross-sectional in nature, precluding firm causal inferences regarding the direction of the relationships studied. For the purposes of the present review, we included variables that seemed more reasonable or plausible as outcomes of WFC rather than as causes. It is not  our intention to infer that reverse causality is not feasible. A total of 67 articles were located that fit these criteria. Statements regarding significance are based on the zeroorder bivariate correlation between WFC and the outcome variable reported in each study. Except where noted otherwise, relationships cited in text are in the expected direction (e.g., greater WFC was associated with less job satisfaction). Figure 1 provides a framework of the variables included in the study. To provide an estimate of the effect size associated with each of the relationships reviewed, we followed meta-analytic procedures described in Rosenthal (1991). Both unweighted and weighted by sample size average correlations were computed. Only studies that included a zero-order bivariate correlation between WFC and another variable were included in these analyses. In circumstances in which a study involved a sample that was a subset of the same sample used in another study, the study with the largest sample was included in die analysis. An exception was made if sample selection criteria were clearly different. If a study assessed several specific indices of WFC (conflict between parent and worker and conflict between spouse and worker) these were combined to form a general assessment of WFC. A similar approach was used in analyzing several outcome variables. For example, if a .study examined overall mental health and psychological distress, the correlations were combined for the statistical analyses. In studies in which separate correlations were reported for different subgroups (e.g., male vs. female; single-earner vs. dual-earner), the correlation for each subgroup was weighted by sample size and combined. For consistency purposes, we reversed the sign of the correlation in cases such as when a high score on the WFC measure.

Monday, October 14, 2019

The Hospitality Industry Tamilnadu Tourism Essay

The Hospitality Industry Tamilnadu Tourism Essay This study has analysed the trends of the hospitality industry with special importance on Tamilnadu where the researcher has aimed at helping and growing the family business. This is done to get a better understanding of the Chennais market place, along with many other important cities in the state making it possible to go on board on selected strategies to effectively reach the local consumers. As Mohanty (2008) says, Hospitality is all about offering and comforting someone by all means to their needs. Good support from customers can be achieved by receiving and entertaining each and every single guest. In commercial context point of view, the word Hospitality refers to hotels, resorts, restaurants, clubs, catering etc. In todays world Economic Growth of a country depends on Hospitality industry along with Industrial and Agriculture. Tourism and Hotel sector is a widely expanding and booming segment in the market, and this industry offers huge job prospects to Indians. Due to globalisation there has been immense growth in Hospitality segment in India, especially in the metro and cosmopolitan cities. This has resulted in demand for well qualified and experienced candidates from this field in India and Overseas. India has become a ideal place of tourism and is the only country in the world with different cultures, languages and diverse topography along with political stability. India has become the place for Information technology companies and as Purushottaman (2005) says India has propelled to the top of the world in both Information Technology (IT) and Information Technologies enabled Services sector (ITES). Many MNCs from all around the world have opened their operations throughout India especially in South India. Initially Bangalore served as the Indian operations head office for many companies but then later on Chennai, capital of Tamilnadu state is becoming a business hub for major MNCs. This is due to involvement of many foreigners coming to India for business development. As a part of business development, business travels boomed to high and due to this the Hospitality sector developed along with more profitability. Nearly 50% of occupancy in all the hotels in major cities of Tamilnadu like Chennai, Madurai, Coimbatore, Trichy, Tuticorin, Tirunelveli have come from business travellers. In this particular research, the author has evaluated the devel opment of the hotel industry with a focus on above mentioned cities in Tamil nadu, India. The performance of Hotel Industry is back on its development and growth path as it had been in decline for the past two years (i.e.) 2008 2009 due to global economic recession, which affected the hospitality business in India. According to HVS 2009 report, the foreign arrivals have declined by 20% in 2008 2009, resulting in decline of occupancy and performance of hotel industry throughout India. All the major cities in India like Mumbai, Chennai, Delhi, Bangalore, and Kolkata had an average of 10% marginal decline in occupancy rate. According to FHRAI and HVS 2009 report, though the industry has faced decline in performance, the demand for the industry will immensely grow from 2010 and has reported that an average 5% growth will be recorded from 2010. In Tamilnadu though the industry faced decline in its capital, Coimbatore and Ootacamand has raised its status to become one of the 12 major cities in India after the metro cities. According to HVS 2009 report, the occupancy rate of H otels at Coimbatore, Madurai in Tamilnadu has increased by 5% respectively, though the industry on a whole has faced decline. So this clearly indicates the rise of demand for Hotel industry in Tamilnadu. In Industrial aspect all the cities in Tamilnadu has developed along different businesses. In last year several new projects have been announced in Chennai, Coimbatore, Madurai, Ootacamund which is due to higher growth market and more are required to ease the current situation. General occupancy rate and cost of rooms is high in major cities as the demand for rooms have increased but then the number of available rooms is less than the demand (HVS International survey, 2004 ). India economy has boomed in the last 5 to 6 years which is due to flourishment in IT sector, Finance, Banking, Telecom , Biotechnolgy, Real estate, Retailing etc. As Joshi (2005) denotes many major hubs in the country lacks quality hotels and rooms. Though the industry has developed a lot in the previous decade still there is demand for number of rooms required is under lack. He also denoted that India will become one of the worlds fastest growing tourism market and as suggested by him, the number of foreign tourists have increased in the year 2006 and 2007. SWOT ANALYSIS of Hotel Industry in Tamilnadu. STRENGTHS Natural and cultural diversity: India on a whole is very rich in cultural heritage and values. While considering the state of Tamilnadu, its heritage and history dates back to B.C., it has many historic places and monuments. The state pocess three main tourist spots in the country namely Oatacamund, Kodaikanal, Courtrallam and its the place where Rameswaram lies, one of two most spiritually important places in India for Hindus community. The state is along the southern coastal line of the country and has got many beautiful and sunny beaches along is shore. The state has become the region for business as it has got all the transportation means required and the state capital has one of the busiest ports in India. The state has got 8 national sanctuaries, and it has got many hills station including Ootacamund Kodaikanal. Demand Supply gap: There has always been a mismatch between demand and supply of rooms in Indian Hotel Industry. This has been the reason for higher room tariffs and the level of occupancy. The demand is raised a lot as India is hosting the 2010 Commonwealth games, and most importantly the demand for Chennai will increase due to 2011 Cricket World Cup in India. Many star categorized hotels have come in important cities of Tamilnadu in the last decade. Economical Growth: Indias economy is growing to new heights and been predicted to be second after China by 2050. India has now become a part of G20 nations which in turn denotes the growth of the Indian economy. Chennai city being one of the major business hubs of India is Bourne to immense growth in near future due to increase IT firms, growing Industry in numbers, government tourism development, and other business activities. Coimbatore, the other city in Tamilnadu which was initially a hub for textile industry has now turning out to be IT hub with many MNCs started to have their operations there. Due to industrial and automobile growth, the state of Tamilnadu has now become more occupied with the state having 6 different automobile company plants. Overall the International and domestic economic growth has brought in huge opportunity for Hotel Industry in Tamilnadu. Many huge player in the global market with global chain have started to walk in to Chennai market and along the state (tamilnadu). Weakness Slow Implementation- Growth in the tourism sector is considerably slow when compared to other departments. Though the market needs have increased, the adequate infrastructure facility for Hotel Industry is still lacking. Lack of proper manpower has always been an issue in the industry. Regional Imbalance: Regional Imbalance of hotels is prevailing a lot throughout India and that prevails in Tamilnadu also. Still some of the tourist spots in Tamilnadu, there isnt adequate number of rooms for to increase the demand and develop that region to be major tourist spot. Due to this, those tourist spot regions are still under developing schemes and they lack the actual demand which they are capable of producing. Capital Intensive: Initial cost involved in Hotel construction project (i.e.) cost of land is very high and contributes 50% of the total project cost, whereas in other countries it is around 15%. This operates as a major restriction to the Indian hotel Industry, with Tamilnadu being no exemption to this context. Long Gestation Period: Due to lack of proper government development scheme being actuated many rural tourist spots with cultural importance and heritage places lack hotels. This is due to long gestation period for the hotel to get back its breakeven point and also the future growth of the firm is under immense doubt. As mentioned earlier land cost being high in India, time period for Hotel development needs to be very fast in order flourish in the market. As of now this long growth period is making a full stop to Hotel Industry development in those areas. Oppurtunities Rising Income: The tendency of spending has increased among Indians due to rise in income levels. People of different age groups are bound to spend on different purchases and are more bound to spend on leisure tourism on a whole. Economy Rise: As stated in The Financial express (2008), Overall Indian Hotel Industry is going through a healthy growth phase due to rising economy which has made many foreign companies and investors to enter India, which in turn has raised the occupancy in Hotels. Thus due to economy rise government have implied many schemes to develop tourism. It has also stated that in Conde Nast Travaller ranking, India is been ranked 4th among 167 countries in most preferred travel destinations. This denoted that India has making its mark on global tourism sector. Threats Global Recession: In the last couple of years though the market for Hotel Industry has increased, the occupancy level has decreased due to global recession. Due to this situation, the percentage of business travellers dropped heavily as the companys restricted the travel expense for its employees. The dependency level on foreign tourists is always risky, as the economic depression has affected in all the developed companies and developing countries across the world. Hence there has been a huge fluctuation in International tourism. Rising Competition: Major International Hotel chains are entering Indian market as it is becoming the destination for economical growth. The existing market players are also bringing in lot of new facilities and offers to attract customers. Hence striving a place in customer mind will prove to be a hectic job. Thus there will be a rise in competition among the exciting Hotel market. . Aim: The main of this research is to explore the fundamental factors influencing the performance of the Hotel Industry in India, with special emphasis on Tamilnadu. Personal aims include: Preparation for myself in this hospitality line which will guide me to develop my family business to new heights in the market. To encourage Hoteliers make best use of the information resources gathered in this research. The need for the study emerges as more and more Hotel chains have started involving themselves in different type of complex business models and also they emphasize the need for cost-efficiency. Objectives: To assess the past and present performance of Hotels in Tamilnadu. To categorize the core factors of the identified trends. To understand the future growth opportunities for the hospitality sector in Tamilnadu. To provide proposals for the further development on this sector with regards to the state of Tamilnadu. Literature Review The term Hotel in British law is defined as the place where a bonafide traveller can receive food and shelter provided he is in a position to for it and is fit condition to receive (Yashroy.U, 2008). The origin of hotels came to India from British people. Until late 1920s all the hotels in India were maintained by British and Swiss people. The fact of Chennai being a metropolitan city dates back to 1639 when Chennai was used as main port for trading by East India Company which was maintained by British (Chennai Hotels, 2007). In current industrial world, one of the most successful industries is Hotel Industry. Demand has always been more than supply in all the cities. As FDI restrictions been eased off by government many MNCs have opened their operation in India especially in Tamilnadu. Indian economy rise in global market and rise of business activities in India has insisted for a need of quality hotel rooms for corporate and industrial people. This trend of hospitality development is significant all over India. Leisure travelling has increased in India, which also contributes to the factor of growth in Hotel Industry. Almost all the major hotel players in the world have their operations in India, which itself indicates the growth of Hotel Industry in India. While considering the state of Tamilnadu Chennai, Coimbatore, Madurai, Trichy, Tuticorin are the major cities and Ootacamund, Kodaikanal, Courtrallam, Yercaud, Kanyakumari are the main tourist spots in the state. Demand supply mismatch has increased along all the above mentioned places in terms of Hotel rooms. In the last few years the number of inbound tourists (foreign tourist) has increased and has been around 4.9 million in 2007, while outbound tourists (Indian going on foreign tour) have been around 8.3 million in 2006 (ITOPC, 2008). In the outbound tourists segment lot of travel has been business travel while others have been leisure travel segment. Since both the inbound and outbound tourism has increased, the need for quality hotels in India has been rising. India being a country of wide culture and composite of world class heritage is the main reason for its tourist attraction in the global arena. Considering the tourism in Tamilnadu, the domestic leisure travel is based on seasonality for the tourist spots and for cities is based on full swing business travel. Beside the rise in income level of the people has been a main reason for rise of leisure tourism in Tamilnadu. But still the majority of Star class hotels are used for business travels and Budget hotels are used for leisure travel. Inbound Tourism Statistics Foreign Tourists In India (Number) 2001 2002 2003 2004 2005 2006 2007 2008 January 283750 228150 274215 337345 385977 459489 532088 584765 February 262306 227529 262692 331697 369844 439090 498806 560658 March 248965 225558 218473 293185 352094 391009 444186 509926 April 185338 155378 160941 223884 248416 309208 333945 369677 May 151098 132998 141508 185502 225394 255008 267758 290785 June 176716 143100 176324 223122 246970 278370 310104 344526 July 224432 186432 225359 272456 307870 337332 377474 August 196517 161477 204940 253301 273856 304387 360089 September 162326 151721 191339 226773 257184 297891 325893 October 181605 212191 260569 307447 347757 391399 440715 November 209685 243566 290583 385238 423837 442413 510987 December 319271 417527 479411 541571 575148 Total 2282738 2073025 2726214 3457477 3918610 4447167 4977193 2660337 Source: Ministry of tourism, Govt.of India (ITOPC, 2008). Domestic Travel Statistics Tourists Statistics Tamil Nadu Year Domestic Tourists 2004 42279838 2005 43213228 2006 58340008 Source : Ministry of tourism, Govt. of India (ITOPC, 2008). Outbound Tourism Statistics Statistics of Indian National Going Abroad Year No of Outbound Indians Percentage Change over the previos year 2000 4415513 7.3 2001 4564477 3.4 2002 4940244 8.2 2003 5350896 8.3 2004 6212809 16.1 2005 7184501 15.6 2006 8339614 16.1 Source: Ministry of tourism, Govt. of India (ITOPC, 2008). The categories of hotels in India are of five segments. Those segments are Premium Luxury segments, Mid Market Segment, Heritage Hotels, Resorts, Budget Hotels, and Unclassified Hotels. Premium and Luxury Segment This segment is based on major players in the local and International market. The whole slot in this segment comprises of 5 -star and 5 -star deluxe hotels which mainly serves business travellers and upmarket foreign travellers. These hotels fall into luxury segment and they offer a high quality and higher range of services. They tariffs and other service cost in considered to be expensive and is situated only in metro cities and major tourist spots. This segment alone contributed 30% of total number of rooms back in 2004. When comparing with Tamilnadus context, it contributes 15 % of total number of rooms which is nearly half to the national segment ratio (Bhatia, 2004). Mid-Market Segment This segment is based on local players in the market and small chain of hotels within the domestic market. The 3star and 4star hotels falls under this segment, and they mainly cater to the average domestic and foreign leisure traveller, along with domestic business travellers as they nearly offer all the services as of premium hotels under low cost than the premium as the tax component for this sector is less than that of luxury and premium segments. This segment contributes 30% of the total number of rooms in Chennai, Coimbatore, and Madurai major cities in Tamilnadu (HVS International, 2009). Budget Segment This segment has emerged due to liberalisation in economy and is been mainly catered to middle class people with higher disposable income. This class comprises of 1 star and 2 star hotel. This type of hotels holds the major percentage of existence in the state of Tamilnadu. This segment caters for domestic travellers who prefer reasonably priced accommodation with limited luxury, and offers special seasonal discounts for domestic tourist packages. Low cost and good service is the main forefront of this hotel segment. Heritage Segment This segment is classified in the recent years to denote the hotels in palaces, castles, forts, and other buildings which were constructed before 1950. These traditional structures symbolise the ambience and luxury lifestyle of the past golden era (Ghosh, 2005). They have come to limelight with their lesser initial capital and for mirroring the traditional lifestyle of the past. These values have proved to be a major point of attraction and business for these hotels. While considering the context of Tamilnadu there are more than 10 hotels in existence (HHIMT, 2006). Unclassified or Other Segments This segment of hotels and motels are spread out throughout the country. If taken into account these contribute 50% of rooms occupancy in India. Their main point of sales income is low pricing policy. However some of them came into prominence on account due to increase in tourist congestion in major cities and tourist spots. These hotels officially now contribute 19% of the Industry. Performance measures in hotel management The performance of hotel property and chains can be measured in several ways. The simple method would be evaluating room rates and occupancy ratios. Another important measure with regards to occupancy rates is the Average Daily Room Rate (ARR). This is manipulated by dividing the revenue with the total number of rooms occupied. This occupancy ratio is also relatively important as that of ARR because it is an important indicator of profitability. The rate of occupancy is manipulated with number of rooms occupied by number of rooms available (Sola et.al, 1997, p.85). Market concept of Hotels As mentioned by many authors, Hotel is an commercial hospitality institution which offers services and loads of facilities to its customers on various cost factors aspects (Ghosh, 2005). Facilities Service Location Price Image (Source: Ghosh, 2005, p.131) All the five factors denoted in the factor are the terms related to hotel marketing concept. The term Location refers the geographic location of the hotel whether is the hotel is present in a city, rural area, or a tourist spot etc. It denotes to attractive features of the form, accessibility to the hotel, convenience factor, along with the surroundings. The term facilities refers to classy rooms, restaurants, leisure features, bars, banquet halls and recreation facilities (Weissinger, 2000).  . The term Service refers to the quality of the facilities offered and the extent to which it reaches to the consumers, availability of that service offered (Hoque, 2002).  Price factor implies the value given to its facilities and services offered to customers. The Image is a vital marketing factor as it portrays the hotel in the market and to the customers. This image is obtained from the above mentioned factors. For to maintain this factor all other factor have to be streamlined (Ghosh, 2005). Performance of Hotels in Tamilnadu The main focus the occupancy patterns of hotels two major metropolitan cities and two major tourist spots of Tamilnadu. The two major cities to be discussed are Chennai and Coimbatore and the two major tourist spots are Ootacamund and Kodaikanal. The percentage of occupancy rate in Chennai has risen by 12% in the current 2009 -2010 financial year after a decline in 2008 09 by 13% due to global recession. While in the case of Coimbatore, though the industry was also affected by recession in 2009, it dropped only by 5 % considering its growth ratio for the past decade with an average rise of 6% per year. The industry has also risen in current 2009 10 financial year by 10%. Both the cities are expected to have 16 new hotels, commercial serviced apartments for MNCs over the next 5 years. Both the cities have become an IT hub in the southern part o India. Chennai is amongst the seven major metropolitan cities, while Coimbatore and Ootacamund has become one amongst the twelve other major cities in the Hospitality and Industrial growth list (HVSFHRAI survey, 2009). The performance of Hotel Industry in Chennai city saw a decline in first half of 2009 as there was cost cutting activities taken by IT ITeS sectors and other business sectors along with decline in travel and entertainment. Though there was decline the city had the opening of two new star hotel property Taj Mount road Lemon Tree. The industry by the end of 2009 saw a rise in occupancies as the businesses boomed again and many new projects associated with travel and occupancy was announced. As mentioned earlier Chennai has always had a steady rise in Hotel Industry (HVSFHRAI survey, 2009). The performance of Hotel Industry in Coimbatore has been growing with steady Growth phase and Demand. Coimbatore is popularly known as Manchester of the south. The city itself is based on diversified economy consisting auto ancillary sector, textile sector, textile manufacturing and majorly in the past 6 years service sector has boomed in the city. The lower cost business operations have raised the city to prominence as a business destination in Tamilnadu and now across India. The occupancy rate has risen from 64 % in 2005 to 79% in 2009 though had a drop to 72% in the start of 2009 due to global recession. Coimbatore also has close proximity to Nligiris which implies that the demand for the Leisure segment will rise in the next few years. The current Star rated occupancy of 350 rooms is expected to rise to nearly 875 rooms which add pressure to the need of upgrade with the performance of hotels in a short term (Times, 2009). The existence of Ootacamund or in short term called Ooty, one of the major tourist destinations in India and has clearly marked as one amongst the other twelve major cities in India with its tourism Industrial growth. It is one of the primary hills station in South India. It is easily accessible via road and railways from Coimbatore, Chennai Bangalore. Ooty has retained its name as a Hills station tourist destination and hence many innovative and eco friendly hotels have come up nearby to the wildlife destinations. It is surrounded by natural sceneries, lakes, wildlife sanctuaries and many others. Domestic travel to this destination is being increasing at a higher pace (Kumar, 2010). The hotel occupancy has increased from 44% in 2005 to 59% in 2009 (HVSFHRAI survey, 2009). Kodaikanal is another major hill station in Tamilnadu. Tough Kodaikanal is categorised under developing urban areas, it still remains untouched by urban development and dense population as that of Ooty. It has got access from all the major cities in Tamilnadu and from Kerala as well. Though the number of Hotels in Kodaikanal is less than that of Ooty, they offer iunparelled experience in terms of comfort and services. It is surrounded by hills, huge lake, and number of parks, museums, and heritage places. There are two five star hotels, three four star hotels, more than 10 three star hotels in Kodaikanal. It is an intense developing tourist spot in India (Agarwal, 2007) Principle factors for growth of Hotels in India (Tamilnadu) The factors which influence the occupancy rate of Hotels , and their average room cost across the country are Domestic travel, International Arrivals, Health and Medical tourism, Business travel, MICE Meetings. Incentives. Conferences. Exhibitons. The Domestic travel is the vast growing market in India. Domestic Guests market is considered to be the most important segment for Indian hotel Industry, which accounted to 71.7 % of all guests in 2004- 05 (HVS, 2006). The effective guidance role for domestic travel is played by Budget airline, or low cost carriers. These have played a vital role in short business trips, short visits etc. Due to this a person from Chennai can go to Delhi in the morning, do his work over there and come back in the same day evening. This has made peoples work more convenient and easier than before, initially the cost factor played a vital role in choosing airlines. They were only used by higher business people as the ticket fare was costlier but then after the entry budget airlines in the market the frequency of air travel and the number of domestic travellers has been increasing from the initial entry period. The number of destinations has increased due to rising air trafiic. So connectivity to various destinations from one single destination is now very much possible. Now all the major private carriers, government carriers, and other small players in the market deal with budget airlines. They are Jetlite, Jetkonnec t, Spice Jet, Simplifly deccan, Air India Domestic formerly Indian Airlines, Go air, Paramount, Indigo and other new players which are in the queue for launch (Goyal, 2009). Tourists Statistics Tamil Nadu Year Domestic Tourists 2004 42279838 2005 43213228 2006 58340008 Source: Ministry of tourism, Govt. of India (ITOPC, 2008) International arrivals have been increasing steadily as the Business travels due to MNCs, leisure trips, and other trips have increased. Many Private and Government Indian carriers are now been operated to various destinations in the world which plays a vital role for the rise in International arrivals. Governments tourism scheme Incredible India is the most successful plan implemented by tourism ministry. This campaign has brought in many foreigners. This particular scheme has offered many advantages for tour packages. Hence the tour operators are doing aggressive marketing and attractive package offers to attract foreign tourists to India. The table below suggest that year 2008 has attracted around 5.4 million tourists from around the world, which is 5.6% more than previous year. The estimated foreign exchange earnings generated in the year 2008 was 50730 crores which are 14.4 % more than that of the previous year. The foreign exchange earning in terms of US dollars was 11747 US mi llion$ which is 9.3% rise than the previous year. Hence the rate of tourists arrival and the income has increased which in turn has resulted in growth of Indian hotel industry. In accordance to an official review the impressive inflow is one of the main reason for the rise in airline passengers, which in turn as the result of intensive advertising campaign done by the Ministry of tourism (Travel Tourism, 2005). Year Foreign Tourists Arrivals (in nos.) Percentage Change Over Previous Year Estimated Foreign Exchange Earnings (Rs. In Crore) Percentage of Change Over Previous Year Estimated Foreign Exchange (in Million US$) Percentage Over Previous Year 1999 2481928 12951 - 3009 2000 2649378 6.7 15626 20.6 3460 15.0 2001 2537282 -4.2 15083 -3.5 3198 -7.6 2002 2384364 -6.0 15064 -0.1 3103 -3.0 2003 2726214 14.3 20729 37.6 4463 43.8 2004 3457477 26.8 27944 34.8 6170 38.2 2005 3918610 13.3 33123 18.5 7493 21.4 2006 4447167 13.5 39025 17.8 8634 15.2 2007 5081504 14.3 44360 13.7 10729 24.3 2008 5366966 5.6 50730 14.4 11747 9.3 Source: Ministry Of Tourism India (2009). Medical tourism has now become one of the developing concepts whereby people from foreign countries come to India for medical treatment and relaxation. Major surgery treatments include Heart surgery, Plastic surgery, transplant surgery, Cosmetic surgery and Dental care. Patients from all

Sunday, October 13, 2019

FDR: The New Deal Essay -- America and the Great Depression

Outline Thesis: The various programs created by FDR’s New Deal helped bring the United States out of The Great Depression. Paper Outline Intro Who was FDR Why was he popular His views Thesis II.) The U.S. emerges from a depression About the depression Who was affected What the nation needed at the time FDR’s help during New Deal Who helped him Why they did it It’s effects on the nation Restoring Banks Why people lost faith in the banks What FDR did to increase faith the FDIC More Americans get jobs CWA FERA CCC Business relief How business was affected by depression NIRA NRA SEC Help for Farming Depression hurts agriculture AAA Improving Americans lives Poor conditions of depression TVA Conclusion Overview of programs overall effectiveness alphabet soup   Ã‚  Ã‚  Ã‚  Ã‚  The day finally came when the United States, emerging to become a world power, began to crumble. Called Black Thursday, October 24, 1929 would be the start of The Great Depression, and the first test of the Communist influences that were present around the world (Schraff 17). Then in 1933, Franklin Delano Roosevelt, FDR, was elected to the Presidency with hopes of uplifting Americans from the severe economic decline it was going through (Schlesinger 106). Roosevelt was prepared with a plan to battle depression with a set of new programs. His first â€Å"Hundred Days† helped pass new legislation to aid farmers, industrialists and workers (Watkins 123-160). â€Å"His technique was, as he said, ‘bold, persistent experimentation†¦Take a method and try it. If it fails, admit it frankly and try another. But above all, try something’† (Schlesinger 106). Roosevelt experimented with many new programs to help different groups, and Americans o n the whole. The various programs created by FDR’s New Deal helped bring the United States out of the Great Depression.   Ã‚  Ã‚  Ã‚  Ã‚  Numerous factors caused the Great Depression in the United States from 1929 to 1945. One of these was stock market speculation. People began to buy stocks with money loaned from banks, and used these stocks as collateral to buy more stock. The stock market began to increase rapidly on false hopefulness and borrowed money. Due to this, the stock market was uneasy and many began to lose confidence in it. Those with stocks tried to sell them, and no one was willing to buy. This ultimately led to the downfall of the ... ... and provided relief for those who can not support themselves. Overall, FDR’s New Deal helped create programs that ended the Great Depression. Although some argue that WWII ended the depression, FDR’s programs were the main support and foundation for the increase in production of war goods. Therefore, the various programs created by FDR’s New Deal helped bring the United States out of The Great Depression. Works Cited Boardman, Fon W. The Thirties: America and the Great Depression. New York, Henry Z. Walck, Inc., 1967. Church, George J. â€Å"Taking Care of Our Own.† Time. 9 Mar. 1998: 106-108. Gupta, Pranav and Jonathan Lee. The Great Depression and The New Deal. 7 Mar 1996. 20 May 2000 . Library Projects Under Public Works, Civil Works, and Relief Administrations. 1 Dec 1933. 23 May 2000 . Schlesinger, Arthur Jr. â€Å"Franklin Delano Roosevelt.† Time. 13 Apr. 1998: 98-100. Schraff, Anne E. The Great Depression and The New Deal. New York: Franklin Watts, 1990. Watkins, T.H. The Great Depression: America in the 1930’s. Boston: Blackside, Inc., 1993.