Wednesday, December 25, 2019
Benefits Of Competition Among Firms Delivers Benefits And...
Introduction Competition is considered one of the main driving factors of innovation and performance within business. But before we can fully assess the benefits to society of competition between firms, we must first ask, what is competition? Competition has been described as the rivalry between firms selling similar products and services with the goal of achieving revenue, profit, and market-share growth. This essay will answer the question, ââ¬Å"Assess the extent to which competition among firms delivers benefits to societyâ⬠. Through assessment and analyse of competition this essay will make a judgment on the impact of various types of competition, including perfect, imperfect, monopoly and oligopoly, for both the business along with the consumer. To illustrate and support theoretical ideas, concepts and policies, real life examples have been utilised, which will bringing to light key areas where society as a whole may benefit. Competition is apparent on virtually every street, isle and shelf we look at these days, a simple example being that competition can even generate an entire aisle of breakfast cereal, washing powders and toothpaste etc. This is evident as The Global Competitiveness index has described the U.K in the following statement, ââ¬Å"The country continues to have sophisticated (9th in world) and innovative (12th in world) businesses that are highly adept at harnessing the latest technologies for productivity improvements and operating in a very large market (it isShow MoreRelatedBlackmores1291 Words à |à 6 PagesAustralian School of Business ACCT5910 Business Analysis and Valuation Lesson Plan â⬠¢ â⬠¢ â⬠¢ â⬠¢ â⬠¢ â⬠¢ Dot Com case study Why do we need to undertake strategy analysis? Industry I d t analysis l i Competitive strategy analysis Corporate strategy analysis SWOT analysis Australian School of Business B i Class 2: Strategy Analysis gy y Dot Com ââ¬â NASDQ index from 1 Jan 1996-30 Dec 2002 School of Business B i Australian A. Why Strategy Analysis â⬠¢ â⬠¢ Strategy drives the actions of an organisationRead MoreAnalyzing The Industry Forces That Affect Competition And Drive Profits Down1083 Words à |à 5 PagesINDUSTRY FORCES One way to determine the profitability of a firm is to analyze the industry forces that affect competition and drive profits down. Michael porter proposes a framework to analyze the level of competition within an industry; according to porter these forces directly influence the system profitability. The stronger the forces are the less profitable the firm becomes. The forces are defined to be strength of competition, barriers of entry, the power of buyers, power of suppliers, andRead MoreValue Chain as Competitive Advantage1295 Words à |à 6 Pagesas a competitive advantage can contribute significantly to the prosperity of a firm in the competitive arena, but it can cause dire situations if not operated properly (Guy, 2011). However, there are conflicts among companies as to how stakeholders think they gain competitive advantage. Porter (1996) suggests: A company can outperform rivals only if it can establish a difference that it can preserve. It must deliver greater value to c ustomers or create comparable value at lower cost or do bothRead MoreHow Should Reverse Auction Fit Into An Overall Procurement Strategy?1739 Words à |à 7 PagesReverse Auction fit into an Overall Procurement Strategy? It is quite challenging to discuss about procurement management without stating the importance of its strategies. There are four main basic procurement strategies that serve different functions within a procurement management. To begin with, a ââ¬Å"Partnershipâ⬠strategy focuses mainly on constructing mutual commitment in long term relationship with suppliers. While a ââ¬Å"Secure Supplyâ⬠strategy aims to secure short and long term supply while reducingRead MoreTarget Is A Retail Store That Some People Would Happen1574 Words à |à 7 PagesTarget is a retail store that some people would happen to say aligns with Walmart we will not be discussing them within comparison but yet how does target build in business strategy within the corporation and department level. A business strategy consists of internal business process, customers, learning growth, and finances. Now letââ¬â¢s get to know target. Target is seen as an upscale discount store, because of its major designers that design a line of products just for Target. Their chic, fashionableRead MoreHow Training and Development Helps in Competitive Advantage1594 Words à |à 7 Pageshigh-performing employees in the extremely competitive business environment. Companies have recognized the need to enhance the employeeââ¬â¢s opportunity to develop skills and abilities for full performance within the position and for career advancement and growth which would lead to retention of talented workforce in return increase firms performance in terms of profitability and productivity. Companies have realized that in todays competitive business milieu, the quality of people one employs will makeRead MoreBenefits of Strategic Management1255 Words à |à 6 PagesCompetitive Advantage in Strategic Management A business without strategy is a business without direction. A strategy without a competitive advantage is a business without a precondition of success. Managing strategically is to make decisions and implement strategies that allow an organization to develop and maintain competitive advantage. Competitive advantage is a concept that motivates strategists to replicate the strategies that make most successful companies successful. AccordingRead MorePorter Argues That If a Firm Is to Attain Competitive Advantage; It Must Choose Between the Types of Competitive Advantage It Seeks, Discuss Using an Industrial Example?1468 Words à |à 6 Pagesargues that if a firm is to attain competitive advantage; it must choose between the types of competitive advantage it seeks, discuss using an industrial example? An industry can be defined as a group of companies offering products that are closely substituting for each other in order to satisfy customers. Competitive advantage can be defined as when a firm sustains profit which exceeds the companyââ¬â¢s average; it automatically possesses competitive advantage over rivals. The business strategy forRead MoreNetwork Theory of Internalization and Social Capital in Internalization1000 Words à |à 4 Pagesin terms of processes products and innovation. Michael Porter established a theoretical framework for enterprise application in industries which analyzed the processes and activities that create value in the organization and dynamics with your competition and market. However, the formulation of the Porter value chain was limited to vertical view of organizations, making rigid implementation in non-industrial or horizontal integration features flexible sectors. Porter looked for human value as a resourceRead MoreValue Prposition2396 Words à |à 10 Pagespropositionà is part of businessà strategy. Kaplan and Norton[1]à say Strategy is based on a differentiated customer value proposition. Satisfying customers is the source of sustainable value creation. Developing aà value propositionà is based on aà reviewà andà analysisà of theà benefits,à costsà andà valueà that anà organizationà can deliver to itscustomers, prospective customers, and otherà constituentà groups within and outside the organization. It is also a positioning of value, whereValueà =à Benefitsà -à Costà (cost
Tuesday, December 17, 2019
Death Penalty Analyzing The Capital Punishment s...
Joshua Baltzley AP Lang, B2 Ms.Wallace 10 January 2015 Death Penalty: Analyzing the Capital Punishmentââ¬â¢s Statistical Effects and Harms Imagine what it feels like for people who are on death row. Regrets are racing through their minds. Nerves are shooting up their spine. They start to feel this overwhelming guilt come upon them. This guilt makes them feel as if they deserve this punishment. The truth is they do not deserve it. No human being in this world deserves that punishment. They deserve a second chance. They deserve a glimmer of hope in their life that makes them strive to do better. The death penalty kills their hope. It takes their hope and annihilates it, leaving no traces behind. The death penalty is a punishment that should never be used because no person deserves to be killed for their actions, and it has way too many harmful statistics that affect the government and the people of America. The death penalty has also been suggested as a threat in plea-bargaining. In the article Leveraging Death, Sherod Thaxton addresses the use of the death penalty as leverage in plea negotiations as virtually nonexistent (475). Thaxton states ways that describe why researching this is important, ââ¬Å"Examining the impact of capital punishment on plea bargaining is important for several reasons. First, it helps inform our understanding of how sentencing law influences plea bargainingâ⬠¦.Second, the use of the death penalty as leverage in plea negotiations raises important legal andShow MoreRelatedSpeech on Capital Punishment Should Not Be Abolished2506 Words à |à 11 PagesThe Death Penalty Should Not Be Abolished Criminal Justice , 2009 David B. Muhlhausen, The Death Penalty Deters Crime and Saves Lives, Heritage Foundation, August 28, 2007. www.heritage.org. Reproduced by permission of the author. Capital punishment produces a strong deterrent effect that saves lives. In the following viewpoint, David B. Muhlhausen argues that capital punishment should not be abandoned because it deters crimes, saves lives, and the majority of American citizens support its useRead MoreOverview of Hrm93778 Words à |à 376 PagesImportance of HRM The success of organizations increasingly depends on people-embodied know-how- the knowledge, skill, Copyright à © Virtual University of Pakistan 2 Human Resource Management (MGT501) VU and abilities imbedded in an organization s members. This knowledge base is the foundation of an organization core competencies (integrated knowledge sets within an organization that distinguish it from its competitors and deliver value to customers). HRM plays important role in creating organizationsRead MoreLogical Reasoning189930 Words à |à 760 Pages........................................................................................... 418 Stratified Samples .......................................................................................................................... 420 Statistical Significance ................................................................................................................... 422 Designing a Paired Comparison Test ...........................................................................Read MoreManagement Course: MbaâËâ10 General Management215330 Words à |à 862 PagesCalifornia College for Health Sciences MBA Program McGraw-Hill/Irwin abc McGrawâËâHill Primis ISBN: 0âËâ390âËâ58539âËâ4 Text: Effective Behavior in Organizations, Seventh Edition Cohen Harvard Business Review Finance Articles The Power of Management Capital FeigenbaumâËâFeigenbaum International Management, Sixth Edition HodgettsâËâLuthansâËâDoh Contemporary Management, Fourth Edition JonesâËâGeorge Driving Shareholder Value MorinâËâJarrell Leadership, Fifth Edition HughesâËâGinnettâËâCurphy The Art of M A:Read MoreStrategy Safari by Mintzberg71628 Words à |à 287 Pagesmanagement needs to be opened up, not closed down; it needs reconciliation among its many different tendencies, not the isolation of each. 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In the musical chairs world of publishing these x EMBARKATION days, to beRead MoreFundamentals of Hrm263904 Words à |à 1056 Pagesmoney From multiple study paths, to self-assessment, to a wealth of interactive visual and audio resources, WileyPLUS gives you everything you need to personalize the teaching and learning experience. à » F i n d o u t h ow t o M A K E I T YO U R S à » www.wileyplus.com ALL THE HELP, RESOURCES, AND PERSONAL SUPPORT YOU AND YOUR STUDENTS NEED! 2-Minute Tutorials and all of the resources you your students need to get started www.wileyplus.com/firstday Student support from an experiencedRead MoreChange Management49917 Words à |à 200 Pageschange as it relates to structure, culture, systems of power and control, which gives them further clues about whether it is worth trying to introduce change. But what causes change? What factors need to be considered when we look for the causal effects which run from A to B in an organization? The change may occur in response to the : â⬠¢ â⬠¢ â⬠¢ â⬠¢ â⬠¢ Changes in technology used Changes in customer expectations or tastes Changes as a result of competition Changes as a result of government legislation ChangesRead MoreDeveloping Management Skills404131 Words à |à 1617 Pagesbuilt-in pretests and posttests, focus on what you need to learn and to review in order to succeed. Visit www.mymanagementlab.com to learn more. DEVELOPING MANAGEMENT SKILLS EIGHTH EDITION David A. Whetten BRIGHAM YOUNG UNIVERSITY Kim S. Cameron UNIVERSITY OF MICHIGAN Prentice Hall Boston Columbus Indianapolis New York San Francisco Upper Saddle River Amsterdam Cape Town Dubai London Madrid Milan Munich Paris Montreal Toronto Delhi Mexico City Sao Paulo Sydney Hong Kong Seoul SingaporeRead MoreHuman Resources Management150900 Words à |à 604 PagesBureau of Labor Statistics, http://stats.bls.gov/ecopro.table6.htm GLOBAL COMPETITION One major factor affecting these shifts is the globalization of economic forces. As seen the past few years, the collapse of Asian economies had significant effects on U.S.-based organizations. One estimate by U.S. government statisticians is that over 25% of all U.S. manufacturing workers hold jobs dependent on exporting goods to other countries. This is particularly true with more highly skilled, technicalRead MoreInternational Management67196 Words à |à 269 Pagesbusiness and the increasing importance of corporate social responsibility and sustainability in global management. We have incorporated the latest research on the increasing pressure for MNCs to adopt more ââ¬Å"greenâ⬠management practices, including Chapter 3ââ¬â¢s opening World of International Management which includes discussion of GEââ¬â¢s ââ¬Å"ecomaginationâ⬠initiative and a boxed feature in that chapter on the BP oil spill in the Gulf of Mexico. We have updated discussion of and provided additional emphasis on the
Monday, December 9, 2019
Open Disclosure of Software Vulnerabilities
Question: Discuss about the Open Disclosure of Software Vulnerabilities. Answer: Introduction Software vulnerability is any error that can be exploited by a hacker for compromising system or stealing data. Attacks can of different nature and can cause different levels of severity. Vulnerability once known is responded by the software developer by fixing it through release of a patch(Altinkemer, et al., 2004). Security vulnerabilities have caused a huge number of worms and viruses coming into the world and attackers exploiting these vulnerabilities are able to take some significant benefits by stealing money or confidential information about users and entities. These vulnerabilities are explored and reporting by security professionals so that remedies to counter these attacks can be found in advance to stop hackers from exploiting systems. These disclosures are made public in the marketplace which is open for all to reach. However, disclosure of security vulnerabilities on one side warn the users and software programmers to resolve them, on the other side, they also make the attackers attentive enough to act fast against vulnerabilities before they are taken care of(Cencini, et al., 2005). This paper explores different types of vulnerabilities that systems have different types of disclosures made, and different types of hackers to understand what positions they take in order to exploit the vulnerabilities as soon as they discover problems with software before their next versions could be launched. Research methods and approach Choice of research method depends on the objectives, philosophical assumptions of the researcher, availability of research data, availability of resources, availability of time, and the context of research(ML, 2004). As there is a lot of information already available on the subject of interest, thus, a secondary research would be used. Past research papers, journal articles, news articles, and academic papers would be studied and a critical analysis would be done using content analysis(Johnston, 2014). The research explored the types of vulnerabilities, the disclosure of vulnerabilities, types of hackers and the positions they take Vulnerabilities in software can be of two types including software defects that include design and coding flaws and configuration errors that include dangerous services and administrative errors. As per the Gartner study, 25% of the security attacks that become successful exploit software defects. These defects can be introduced when the design of software is unsafe. There could be instances when the software is not designed to face the exposure to the internet but when it actually happens, the software becomes vulnerable to the security threats. Such flaws should usually get discovered while performing requirement analysis, developing architecture, or while designing. If there are flaws in the software coding, it can cause issues like buffer overflow, non-random coding, and race conditions(K Telang, 2004). Configuration errors can occur when multiple software products are made to work together in such a manner that they cause vulnerabilities. As per the Gartner study, 65% of the security attacks that become successful exploit such configuration errors. At times, a software is configured in such a way that it allows those services to connect that do not meet the operational requirements of the system. This can cause malfunctioning of software(Arora, et al., 2003). Such flaws can be identified during quality assurance testing. However, subsequent changes made in software can still cause configuration errors at later stages. Configuration errors also include misconfigured access controls which can be the most dangerous threat to security in software as it let unauthorized users perform malicious activities by abusing privileges of legitimate users. Such flaws can be detected at the Quality Assurance stage but they usually appear only after the system becomes operational. Thus, it is essen tial that access policy compliance scans are regularly done(Pescatore, 2003). Vulnerabilities can also be classified on the basis of the stage of disclosure. A vulnerability can be called as secret when is never disclosed or patched. A published vulnerability is disclosed but not patched, and patched vulnerability would both be published and patched. A typical path of any kind of vulnerability goes from secret to published to patched. A research involving 2952 observations made over 9 weeks involving 328 different software vulnerabilities had found that 160 of the vulnerabilities were made public on the same day of discovery, 77 vulnerabilities had no patches made and 76 were patched later. The vulnerabilities that were published attracted 5.45 attacks every day per host while patched vulnerabilities attracted 2.5 attacks per host per day(Arora Telang, 2013). Microsoft defines a life cycle of software vulnerabilities beginning with its birth, followed by discovery, disclosure, correction, publicity, scripting, and death. Birth refers to the stage of development when the vulnerability is actually created. Vulnerabilities that are detected and then corrected before the deployment are not considered in the case. At discovery stage, a researcher or developer comes to know that the vulnerability exists in the software(Schryen, 2011). Once discovered, the vulnerability is disclosed to vendor, authority, developer or public. Vendor then analyzes the bug, fixes it, and releases the patch to the public. Once patch is released, the vulnerability is spread to public along with the patch. A tool is developed for exploitation of vulnerability in the scripting stage. After patching most systems, old systems may get retired or the exploit does not remain a subject of interest for hackers leading to the death of vulnerability(Arora, et al., 2006). Vulnerability disclosures can be classified into a few categories including non-disclosure, limited disclosure full disclosure, and responsible disclosures. When a security researcher finds out about vulnerability in software and instead of letting the information out keeps it a secret, it is an act of non-disclosure(Algarni Malaiya, 2014). The reason for non-disclosure could simply be laziness or a malicious intent to freely break into the system without having a need to implement patches. Such a hacker can share the information about vulnerability to other hacker which can compromise user security. If this happens, it can later lead to full-disclosures initiated by underground communities(Zhao, et al., 2015). When the software vulnerability is disclosed only to a limited audience and not a wider community or public, it is a limited disclosure. A small group is provided with the complete details of the vulnerability. The challenge in this type of disclosure is that it is difficult to determine who could be trusted as it is very difficult to enforce the ethical behaviour on the people it is disclosed to. The information disclosed in this type of disclosure is actually not much detailed and thus, there may not be a complete understanding of the structure of the flaw in the audience which can lead to repetition of same mistake by a developer in future. Thus, limited disclosure is often criticized y researchers(Hoskins, 2015). Full disclosure involves spreading of information to whole community with details like how it was found, what software it can affect, how it can be exploited, and how it can be protected from security attacks. This act is considered as ethical because one user is informed about the vulnerabilities through a community; they can disable the affected software in their machines to protect themselves. Such a move would also push software vendors to immediately notice the flaw and work on remedial actions. With full disclosure, the researcher also receives the credit immediately and this can be motivator security professionals(Wattal Telang, 2004). Over the years, there have been several policies proposed concerning disclosure such as full disclosure policy and vulnerability disclosure in 2000 by RFP and CERT respectively. A vulnerability disclosure framework was formed by NIAC in the year 2004. Full Disclosure policy by RFP focuses on researchers and advocates full disclosure of vulnerabilities to community. CET vulnerability disclosure suggests disclosure of vulnerability of any software to public but is against the full disclosure including details and exploit codes. The NIAC had advised building of a framework for defining the guidelines for disclosure. A disclosure policy is affected by how the participants in a disclosure respond including software vendors, hackers, and users as each of them would be affected in some way by the policy. If the disclosure is fast then the patches for filling vulnerability also comes faster from the vendor. An optimal disclosure policy can give more time to software developers to come up with patches. If patching is to be done in the real time, the vulnerability must never be disclosed except to the developers so that before a hacker identifies vulnerability, a patch can be released by the developer. If a disclosure is made instantly after discovery not followed by the launch of the patch, it can leads to a loss for the software vendor. CERT gives 45 days to developers to come up with patches before the disclosure is made public. In a typical disclosure process, a limited disclosure is done which begins with the discovery of vulnerability by a security researcher which s first communicated to the software vendor or an independent regulatory body like CERT which can later make the vulnerability public. In some cases, if full disclosure policy is used, the vulnerability can be directly disclosed to the public. This usually happens when researchers use public forums like Bugtraq for making disclosures(Telang Wattal, 2004). Three types hackers operate in the digital space each with some distinguishing characteristics and these include grey-hat hackers who are actually researchers, black hat hackers who violate the last of security to get personal gains and is often involved in selling zero-day vulnerability exploits, and white hat hackers who are ethical and use their skills for legal purposes. Grey-hat hackers when finds software vulnerability would simply disclose it without the concern of its consequences but a white hat hacker would do this disclosure to the developer so that the developer can fix the vulnerability to prevent attacks(A, 2004). The White hat and grey-hat hackers are involved in making disclosures of vulnerabilities. While grey-hat hackers use forums as platforms for disclosures, White-hat hackers are those ethical hackers that can involved by security organizations themselves to identify vulnerabilities and make limited disclosures. Vulnerability disclosure appears to be an important activity in the security space as it would make the users or developers aware of the issues and take precautions or launch fixes to remediate the security problem. Four types of disclosure approaches were found including no disclosure, limited disclosure, full disclosure, and responsible disclosure. Depending on the types of vulnerabilities and the capacity of the vendor to launch the patches would be useful in determine which approach to take. A real time patching system may require a company to not make any disclosure and directly release patches. A disclosure policy may be formulated by an organization such that the process of disclosure can be formalized and organized(SANS, 2017). There could be three possible regimes that are followed for making disclosures of vulnerabilities by software firms. A firm may choose to not disclose any of the vulnerabilities or issue any updates. Another firm may choose to disclose all vulnerabilities and release update as soon as possible after that. A firm can also adapt to an existing disclosure policy. Whatever is the policy of disclosure, it has to be communicated to the consumer at the time of the purchase of the software from the vendor(Choi, et al., 2007). Conclusions The paper explored the idea of disclosure of software vulnerabilities. The paper discussed different types of vulnerabilities, hackers, and disclosures. It was found that most companies define a policy for disclosure which can either be self-developed or adopted from security bodies like CERT. The type of disclosure to be made depends on the capacity of vendor to launch patches and the level of threat caused by vulnerability. References A, A., 2004. Whose Bug Is It Anyway? The Battle over Handling Software Flaws, s.l.: IEEE Software. Algarni, A. Malaiya, Y., 2014. Software vulnerability markets: Discoverers and buyers. International Journal of Computer, Information Science and Engineering, 8(3), pp. 71-81. Altinkemer, K., Rees, J. Sridhar, S., 2004. Vulnerabilities and Patches of Open Source Software: An Empirical Study, s.l.: Purdue University . Arora, A., Caulkins, J. Telang, R., 2003. Provision of Software Quality in the Presence of Patching Technology, s.l.: Carnegie Mellon University. Arora, A., Krishnan, R., Telang, R. Yang, Y., 2006. An Empirical Analysis of Software Vendors Patching Behavior: Impact of Vulnerability Disclosure, s.l.: Carnegie Mellon University. Arora, A. Telang, R., 2013. Economics of Software Vulnerability Disclosure , s.l.: Carnegie Mellon University. Cencini, A., Yu, K. Chan, T., 2005. Software Vulnerabilities: Full-, Responsible-, and Non-Disclosure , s.l.: University of Washington. Choi, J. P., Fershtman, C. Gandal, N., 2007. Network Security: Vulnerabilities and Disclosure Policy, s.l.: Michigan State University. Hoskins, B. N., 2015. The Rhetoric of Commoditized Vulnerabilities: Ethical Discourses in Cybersecurity , s.l.: Virginia Polytechnic Institute and State University . Johnston, M. P., 2014. Secondary Data Analysis:A Method of which the Time Has Come. Qualitative and Quantitative Methods in Libraries (QQML), Volume 3, pp. 619-626. K, K. Telang, R., 2004. Market for Software Vulnerabilities? Think Again, s.l.: Carnegie Mellon University. ML, J., 2004. Application of systematic review methods to qualitative research: practical issues., s.l.: Pub Med. Pescatore, J., 2003. Taxonomy of Software Vulnerabilities, s.l.: Gartner, Inc. SANS, 2017. How do we define Responsible Disclosure?, s.l.: SANS Institute. Schryen, G., 2011. Is open source security a myth?. Communications of the ACM, 54(5), pp. 130-140. Telang, R. Wattal, S., 2004. Impact of Software Vulnerability Announcements on the Market Value of Software Vendors an Empirical Investigation, s.l.: Heinz School of Public Policy. Wattal, S. Telang, R., 2004. Effect of Vulnerability Disclosures on Market Value of Software Vendors An Event Study Analysis , s.l.: Carnegie Mellon University . Zhao, M., Grossklags, J. Liu, P., 2015. An Empirical Study of Web Vulnerability Discovery Ecosystems, s.l.: Pennsylvania State University.
Sunday, December 1, 2019
International Trade Theories Essays - International Trade Theory
International Trade Theories Mercantilism Mercantilism was a sixteenth-century economic philosophy that maintained that a country's wealth was measured by its holdings of gold and silver (Mahoney, Trigg, Griffin, s global influence. Politically, mercantilism was popular with many manufactures and their workers. Export-oriented manufacturers favoured mercantilist trade policies, such as those giving subsidies or tax rebates, which stimulated their sales to foreigners. Domestic manufacturers threatened by foreign imports endorsed mercantilist trade policies, such as those imposing tariffs or quotas, which protected them from foreign competition (Mahoney, Trigg, Griffin, & Pustay, 1998). Most members of society are hurt by such policies. Government subsidies of exports for selected industries are paid for by taxpayers. Mercantilist terminology is still used today, an example when television commentators and newspaper headlines report that a country suffered an unfavourable balance of trade-that is, its exports were less than its imports. Mercantilist policies are still politically attractive to some firms and their workers, as mercantilism benefits certain members of society. Modern supporters of these policies are known as neo-mercantilists, or protectionists (Mahoney, Trigg, Griffin, & Pustay, 1998). The mercantilists were a group of economists who preceded Adam Smith. They judged the success of trade by the size of the trade balance (Lipsey, & Chrystal, 1996). Absolute Advantage The theory of absolute advantage, suggests that a country should export those goods and services for which it is more productive than other countries, and import those goods and services for which other countries are more productive than it is (Mahoney, Trigg, Griffin, & Pustay, 1998). Adam Smith was the first to come up with the theory of absolute advantage. According to Adam Smith, mercantilisms basic problem is that it confuses the acquisition of treasure with the acquisition of wealth. In An Inquiry into the Nature and Causes of the Wealth of Nations (1776), Smith attacked the intellectual basis of mercantilism and demonstrated that mercantilism actually weakens a country. Smith maintained that a countrys true wealth is measured by the wealth of all its citizens, not just that of its monarch (Mahoney, Trigg, Griffin, & Pustay, 1998). A country is said to be more productive than another country, if it can produce more output (goods) for a given quantity of input, such as labour or energy inputs. An example is that there are only two countries, Australia and Japan. They both produce computers and wine, and only one factor of production, labour. Japan produces 6 computers for every 1 bottle of wine, where as Australia produces only 4 computers for every 3 bottles of wine. This suggests that Australia should export some of its wine to Japan, and Japan should export some of its computers to Australia. Australia has an absolute advantage over Japan, when producing wine, and Japan has an absolute advantage over Australia, when producing computers (Gandolfo, 1998). Economists use the term absolute advantage when comparing the productivity of one person, firm or nation with that of another. The producer that requires a smaller quantity of inputs to produce a good is said to have an absolute advantage in producing that good (Gans, King, & Mankiw, 1999). Comparative Advantage The theory of comparative advantage, states that a country should produce and export those goods and services for which it is relatively more productive than are other countries and import those goods and services for which other countries are relatively more productive than it is (Mahoney, Trigg, Griffin, & Pustay, 1998). David Ricardo, the early nineteenth-century British economist solved the problem of the theory of absolute advantage, by developing the theory of comparative advantage. Absolute advantage suggests that no trade would occur if one country has an absolute advantage over both products. The differences between absolute and comparative advantage theories are subtle. Absolute advantage looks at absolute productivity differences, comparative advantage looks at relative productivity differences
Tuesday, November 26, 2019
12 Cause and Effect Essay Topics on Chinese Studentsââ¬â¢ Discrimination in the US
12 Cause and Effect Essay Topics on Chinese Studentsââ¬â¢ Discrimination in the US If you are writing a cause and effect essay on Chinese students discrimination in the United States, there are many facts that you might want to consider integrating into your work. Below is a short list of some recent developments, based on many scientific journals and studies. These might be of use to anyone who needs to include useful information into their existing content, or who is searching for another argument to include in an existing paper: Colleges and universities are being forced to increase the number of international students who attend universities, as a result of the economic crisis and many state and federal level budget cuts. Such a move has resulted in many tax dollars being spent educating students who come from out of state as well as from out of the country. $21.8 billion was spent by international students on their education in the United States in 2011. 70% of international students who enroll in American universities receive their funding from sources which are beyond the boundaries of the United States. Many foreign students, especially from China, are encouraged and recruited by universities to attend so that they generate income for the school and so that they can improve diversity on campus as well as increase cultural exposure enjoyed by other local students. Higher rates of international students have results in higher racial incidents targeted primarily at international students. The rate of incidents increase when issues arise in the news relating to the country where a particular student may originate. In some cases, domestic students may inaccurately place blame or target students incorrectly, such as pointing racial slurs about Koreans to a Chinese student, or vice versa. Recent studies have determined that discrimination faced by Chinese students goes beyond the racial comments from other students and extends into the interactions that students have with their classmates, but with their professors, staff members of the university, and the community at large. Some professors will have little regard for the various cultures, ways of thinking, or academic trainings a Chinese student may have had back home. Professors have been found to ignore Chinese students when they cannot understand them or when the accent is thick, rather than being patient and listening to them. Students will mock the names of foreign students openly, as well as the foods they eat and the smells generated by the said foods. Some university campuses have addressed the issues by encouraging the development of cross cultural activities on campus whereby one-on-one interactions are promoted between domestic students and foreign students. Some universities have gone so far as to offer a credited course which doubles as an orientation to local customs and cultures but runs for one semester instead of just one week. These courses have successfully targeted problems with academic plagiarism, transportation and housing, as well as the resources which are available on the campus. Research indicates that relationships formed by Chinese students with domestic students and other international students alike is paramount to mitigating the risk of depression, improving performance in the classroom, and encouraging overall higher rates of satisfaction with the educational experience. There are racist ideologies as well as stereotypes which are perpetuated in China and America which can interfere with successful cross cultural engagement. In China, for example, those people with darker skin like that of Latinos, Blacks, and Southeastern Asian students are considered culturally to be inferior. This perception can interfere with international students and Chinese students becoming friends. Many Chinese students will revert to associating with other Chinese students and with some U.S. white students, while avoiding the other minorities, and even shunning them. Some campuses fail to require Chinese students to take diversity courses or to complete American history classes. This impacts the perception that Chinese students have about race, interactions with others, and as a result has a negative impact on their school experience. This can seep into all aspects of the campus. As a result of this problem, it is important that students are able to partner with other campus offices or organizations whereby they can fain better education on race relations in America and higher education about other international students. These methods have been applied by a handful of universities with some success. The course content covers things such as gender issues, race, multi-racial identity, and ethnicity. Some academic institutions have encouraged Chinese students to enroll in ethnic studies courses where issues of class, race, gender, and sexuality are presented. By offering students a better understanding of cultural differences and ideologies in America and abroad, they can critically analyze themselves. Many Chinese students who come to America for their education face the challenge of language and behavior first. While they may pass English proficiency exams on paper for entrance into the university, it can be much more challenging to face fast-paced conversations with classmates full of colloquial phrases and odd cultural references, or even fast lectures given by professors. Understanding things such as finances, university programs, health, transportation, and housing are all equally challenging when the forms all require a higher knowledge of legalese. This challenge is one which causes and results in a great deal of uncertainty for the Chinese students. Some students in such situations try to communicate with strangers or those they know, but this results in uncertainty and feelings of insecurity. The uncertainty results from not knowing how to behave and the feelings of insecurity results from language issues. Some Chinese students are much more aware and sensitive to these d ifferences which only encourages anxiety. Chinese students who study abroad have to adapt to a socio-cultural system that is far different than theirs at home, which makes the academic experience about much more than completing course work. This increase the pressure and makes many students hesitant to engage in social events knowing that such differences exist but not knowing how to resolve them. Chinese students really suffer from discrimination and itââ¬â¢s an important issue to write about. Thatââ¬â¢s why there is also a list of ready-made topics on Chinese studentsââ¬â¢ discrimination that will help you write a good paper. In addition, you should check out the tips on cause and effect essay writing that will assist you in producing a high quality text. References: Benner, Aprile D., and Su Yeong Kim. Experiences of discrimination among Chinese American adolescents and the consequences for socio-emotional and academic development.à Developmental psychologyà 45.6 (2009): 1682. Boswell, Terry E. A split labor market analysis of discrimination against Chinese immigrants, 1850-1882.à American Sociological Reviewà (1986): 352-371. Jung, Eura, Michael L. Hecht, and Brooke Chapman Wadsworth. The role of identity in international studentsââ¬â¢ psychological well-being in the United States: A model of depression level, identity gaps, discrimination, and acculturation.à International Journal of Intercultural Relationsà 31.5 (2007): 605-624. Lee, Jenny J., and Charles Rice. Welcome to America? International student perceptions of discrimination.à Higher Educationà 53.3 (2007): 381-409. Lin, Canchu. Culture shock and social support: An investigation of a Chinese student organization on a US campus.à Journal of Intercultural Communication Researchà 35.2 (2006): 117-137. Tian, Mei, and John Lowe. Existentialist internationalisation and the Chinese student experience in English universities.à Compareà 39.5 (2009): 659-676. Ying, Yu-Wen, Peter A. Lee, and Jeanne L. Tsai. Cultural orientation and racial discrimination: Predictors of coherence in Chinese American young adults.à Journal of Community Psychologyà 28.4 (2000): 427-441.
Saturday, November 23, 2019
Tips for Writing an Art History Paper
Tips for Writing an Art History Paper You have been assigned an art history paper to write. You would like to finish your assignment on time with a minimum of stress, and your instructor fervently hopes to read an engaging, well-written paper. Here are some dos and donts to guide you, written by an art history professor who has graded thousands of these papers ranging from the superlative to the good, the bad and the phenomenally ugly. Choose a Topic You Love Look through an art history book, slowly and leisurely.Look through our list of art history topics for ideas. Good starting points are our lists of movements, artists bios, and image galleries.Pick a topic based on eye appeal and compelling personal interest. Fill Your Brain with Information Remember: a car works on gas, a brain works on info. Empty brain, empty writing.Research your topic using websites, books, and articles.Read the footnotes in the books and articles - they can lead to creative thinking. Be an Active Reader Ask yourself questions while you read and look up what you cant find or dont understand on the page.Take notes.Search the internet with the words, names, titles you learn.Write down interesting facts and thoughts that come to mind while you read. Writing Your Introduction Compose a thesis statement. Declare that you have noticed something about the art, building, artist, architect, critic, patron, or whatever your focus is for your analysis.Then, frame your thesis. Tell your reader about discovering information that can help us understand the work of art/building better. (For example, the French artist Paul Gauguin moved to Tahiti late in life. Your thesis analyzes his late paintings in terms of his Tahiti lifestyle. Youve read his biography, Noa, Noa and other sources for ideas to support your thesis.)If you are focusing on artworks, remember to put the artists name/artists names, the title(s) of the work(s) and the date (s) in the first paragraph. You can refer to the title(s) alone thereafter. Describe and Point Out What You Want the Reader to Notice If you are going to include the artists/architects biography, begin with a short summary. Unless your paper is a biography of the person, most of your paper should be about art, not life.Make sure your arguments are constructed in a parallel fashion: Establish a sequence of information.Consider the paragraph a unit of information. Each paragraph should discuss one topic within the quantity of information you plan to cover.Ideas for units of information or topics: appearance, medium and technique, narrative, iconography, history, artists biography, patronage, etc. - whatever will help you support your thesis.Iconography might require more than one paragraph, especially if your whole paper is about analyzing the iconography of a work of art.Write about the connections between what you described in these analyses and what you declared in the thesis statementFollow the same sequence of ideas for the second artwork, building, artist, architect, critic, patron, etc.Follow the same sequence for the third artwork, building, artist, architect, etc. When you have analyzed all the examples, synthesize: compare and contrast.Comparison: Dedicate one paragraph to discussing what is the same about the artworks, the building, the architects, the artists, the critics, the patrons, etc.Contrast: Dedicate one paragraph to discussing what is different about the artworks, the building, the architects, the artists, the critics, the patrons, etc. What Do You Want Your Reader to Learn from Your Essay? Reiterate the thesis.Remind your reader about your findings in a summary sentence or two.Persuade the reader that you have demonstrated that your thesis is soundly based on your findings.Optional: state that your analysis is important in terms of understanding a larger picture (but not too large). For examples, the artists other work from that period, the artists work all together, the artworks relationship to the movement or the artworks relationship to that moment in history. The connection should not open a new topic, but simply offer the reader food for thought and then declare this investigation is beyond the scope of your paper. (It demonstrates that you thought of it, but youre not going to go there.)DO NOT write that art history is wonderful and youve learned a lot. You are writing to your teacher, and s/he is tired of reading that sentence for the umpteenth time. Leave a good impression and avoid being trite. Editing Be sure to footnote/cite your sources in the body of the paper when you use information or an opinion from a book, article, website, etc.Make a list of your sources at the end of the paper. Follow your teachers instructions and/or visit a website on citation style or bibliography style. Ask the teacher which citation style s/he prefers.Check for the following:Titles for works of art should be in italics: The Birth of VenusFirst and last names begin with a capital letter. Exceptions include place and familial indicators including da, del, de, den and van, among others, unless the last name begins the sentence. (Van Gogh lived in Paris.)Months and days of the week begin with a capital letter.Language, nationalities and country names begin with a capital letter.Leonardo is not called da Vinci. Above All Do not wait until the last minute to begin your essay.Start your research after midterms.Start to write at least one week before the paper is due.Take the time to EDIT, EDIT, EDIT - be concise and clear.Ask your professor for help and advice as you write your paper - s/he will enjoy discussing the topic with you.
Thursday, November 21, 2019
How free is the free market Essay Example | Topics and Well Written Essays - 1250 words
How free is the free market - Essay Example The first example which comes to mind is the labour market and western democracies such as the UK and the US pride themselves on being welfare states which regulate how the labour is governed (Chomsky, 1996). However, this governance and control may have political objectives as described by Adams (2002). Unemployment becomes an important question for governments therefore they may try to maintain low unemployment figures with the regulation of the labour market (Sloman, 2004). In essence, what should have been a free market in an economic system is turned into a controlled market. It could be asked why a system which promotes the idea of a free market as described by Adam Smith and many others who came after him actually seeks to regulate labour at all? The notions concerning the acceptance of a free market and competition between individuals seem to run counter to labour regulations and minimum wage laws (Chomsky, 1999). The answer given to solve this apparent disjoint is that regulations are supposed to protect people from those who may exploit them. For instance, without proper regulations created by the government bodies the labour market could become imperfect as factory owners could be unfair to the labour they have employed (Botero et. al., 2004). Richardson (1999) says that, ââ¬Å"regulation of the labour market has been a feature of Western economies since it was proposed as an amelioration of some of the worst abuses of workers experienced during the Industrial Revolution (Richardson, 1999, Pg. 1)â⬠. Undoubtedly, the situation during the Industrial Revolution meant that mill owners could treat their labour as they wished no regulatory controls existed on wages or work hours. The situation might be not have changed much today had there been no control on the market even though writers such as Chomsky (1999) suggest that the neoliberal agenda allows the exploitation of
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