Outline and assess the usefulness of official statistics in measuring crime Essay

Sociology: Outline and assess the usefulness of official statistics in measuring crime. Crime is basically any sort of behaviour or an act which breaks laws of a society and is punished by the legal system. What is considered criminal or deviant is culturally determined. This means that what is considered criminal or deviant changes with time and place, as the values, norms and expectations change. What may not be acceptable in one society at a particular time may be acceptable in another country or acceptable at another time, for example drug cafes in Amsterdam. Police Crime Figures have been recorded and published annually by the Home Office since the year 1857. Crime statistics are compiled in the basis of â€Å"offences notified to the police†. In this respect, they provide evidence of crimes that are known to the police and officially recorded by the police. Official statistics are useful in measuring crime because they allow us to spot trends and patterns in the crime rates and the social background of criminals/victims (quantative data). Also, these statistics help inform government policy. Theories like functionalism have used official statistics to develop theories to explain patterns in the official statistics. Durkheim used statistics to measure suicide rates, a form of deviance between societies and groups and developed theories about suicide. Others, like Merton assumed that the statistics were valid and reliable and went on to develop explanations about working-class criminality. Many people now turn to victim Surveys such as the British Crime Survey (BCS) as more reliable sources of information. Victim Surveys are so called because they ask a sample of the population what crimes they have been a victim in the previous 12 months. This increases validity as they include all crimes that people have been a victim of, regardless of whether or not they reported the crime to the police. A number of crimes are not covered by the survey. These include crimes against business, crimes where there is no direct victim, such as possession of drugs, crimes against victims under 16 and crimes that have involved death. Another source of survey data on crime and deviance is self-report studies,  where people are asked if they have committed any crime. Self-report studies are similar to victim surveys except that they ask respondents to admit to crimes they have committed. This type of survey data are less widely used than BCS, but are also anonymous and representative of the population. Steven Box, a Marxist, analysed 40 self-report studies and concluded that juvenile crime was not a working-class problem but rather that the middle-class were less likely to get caught. I believe respondents may not tell the truth because they may feel embarrassed, may exaggerate or they may have forgotten the offence. To conclude, I believe the official statistics are very useful to us as they help to inform us about the rates of crime as well as government policy. They are annually published and anyone with internet access can view/download the data. These statistics cover a large part of the population and as they are collected by the state they are seen to have a great deal of validity. They can easily be compared to the previous statistics and their quantative nature allows trends and patterns to be established. The ability to go back and check the findings means that the data are reliable. However, there are some disadvantages of official statistics. It is reported Official Crime Statistics only show 30% of crimes committed. The other 70% is described as the â€Å"Hidden Figure of Crime†. Official crime statistics only show crime known to the police. In other words, not all crime is reported to the police. This may be because people may be reluctant to report a criminal incident if they do not have faith in the police to investigate and solve the crime. Another reason may be because they are scared, they could have been threatened by the criminal. Interactionism have a negative view on official statistics, they believe it as being of little worth. Cicourel stated that police are more likely to suspect and arrest some people than other due to labelling.

Morality and Competitor Essay

No doubt, Money is an essential, almost indispensable article in the present day world. It is the’ money’ through which we can purchase all the necessary comforts and amenities of life. If you have money, you can obtain what seems impossible to others. It is the money which gives man, confidence, creditworthiness, credentials, capacity, capabilities and courage. In present day materialistic world, money has become very powerful. In the present day corruption, cut throat competition, callous degradation of moral and ethical values, are for the sake of grabbing and accumulating more and more money. The prestige, respect, social status, commanded by a person is calculated per his monetary status. Time has gone, when we valued a person in evaluated of his moral and ethical values. People were earlier known for keeping their words, for donating every thing to a donee. Now people are know in terms of their ranking in the list of rich of the world. Money has become the centre of all activities. Money and muscle power have become essential ingredients of a successful political leader. Money is regarded as omnipotent by a few people, particularly by the poor. As whatever one does not possess, one aspires it badly, and it becomes mono aim of achievement. For the rich, that owe lots of money, still craving to earn more and more, by hook or by crook, with fair or foul means, without caring even for their own health, own family. They are the servants of money, earning money not for the sake of themselves but for the sake of money and a time comes they find themselves unable to use the money for their happiness. They are unable to eat, unable to taste the most delicious dish, unable to move, walk or enjoy because they suffer from many diseases which are the result of their undue craving for wealth at the cost of health. Can one purchase anything with the power of money? No, one cannot. You cannot purchase inner satisfaction with money, you cannot purchase the lost youthfulness with money, you cannot purchase time from the death at any cost. Those who earn money simply to a have more money, more balance in their accounts are no better than the proverbial miser king ‘Midas’. Excessive love for money, make a man slave of money. Money is important for our life, but it is not the most important thing for a human being. Those who use money for fulfilling their necessities, acquiring reasonable comforts and for the welfare of a common good, are the masters of money. But those who earn money just for the sake of increasing its volume and number are slaves of the money. They are the most unfortunate creatures of God who know well that whatever money they are earning, can’t be taken an iota of that when they die even they are minting more and more money. What a paradox Money has become their master and they are just slaves, having no peace of mind, no moral and ethical values, no inner satisfaction. So it is rightly said that money is a good servant but a bad master. Let us use the money for our comfort, not for the sake of money, minting more and more money.

Analysis and study of lady macbeth

Analysis and study of lady macbeth Was Lady Macbeth a fiend like queen or flawed woman? I do believe that Shakespeare intended for her to be both. Initially in the tragedy that is Macbeth, Lady Macbeth is portrayed as ambitious and willing to commit one of the greatest sins of all – Murder – for Macbeth to become King and for her to gain more power. Act out: Act 1, scene 5, lines 36-52 Out of Role: In this scene it is clear that Lady Macbeth is willing to do whatever it takes to get to the throne. The overwhelming need for a purpose is contrasted with Macbeth’s affinity to waver with decisions. This is a prime example of how Lady Macbeth is the backbone of Macbeth and her ambition -not evil- is strong enough to pressure her husband into murdering Duncan. Simultaneously the language of his words grasp the thought of masculinity which is a reoccurring theme- â€Å"unsex me here†¦..come to my woman’s breasts, take my milk for gall,† is what Lady Macbeth says to prepare herself for the crime she about to commit. The language implies that her breasts and milk – symbolic reference of nurturing ways – impedes her from acting on her wishes to perform violent and cruel acts, because she associates it with manliness (the violence etc). Again the relationship between masculinity and violence is deepened when Macbeth refuses to commit murder and his wife tells him effectively to ‘be a man’ and get on with it. A most notable quotation from this scene is;’à ¢Ã¢â€š ¬Ã‚ ¦ I have given suck and know .How tender ’tis to love the babe that milks me’ [reference] Her words endow the reader with the thought that she would give up everything for Macbeth, but also hints that they had perhaps lost a child? If true the loss of a child for anyone would cause trauma and stress along with a great deal of grievance. In the eyes of Lady Macbeth killing Duncan may be a way of seeking revenge on the world, and by becoming King and Queen th e Macbeth’s would once again share something filling the void of a lost child. This implicit point may be fuelling her ambition. Act Out: Act One, Scene Seven Out of Role: It is during this seen that it can become easier to merely classify Lady Macbeth as evil. Macbeth is being mocked, and taunted into killing Duncan. By telling him not to â€Å"live like a coward† this teases and questions his masculinity. I believe her main ambition is for her husband. Initially she shows her strength and determination by saying ‘Glamis though art and Cawdor, and shalt be what art though promised†¦Ã¢â‚¬â„¢ and realises the only way to drive him forward is in â€Å"bullying† him and wearing him down. Lady Macbeth rallies for the occasion and displays a rather meticulous attention to detail in regards to the murder of Duncan. However, morals were seeping through her comment about how she would have killed Duncan via her own hand had he not resembled her father as he s lept. I can’t be sure whether it was her impression that suppressing her conscience for the deed was enough, and it would later just dissipate. This didn’t eventuate, and Macbeth and Lady Macbeth suffered through lack of sleep, due to fears of experiencing terrifying visions. But still, Lady Macbeth is able to maintain her sanity and composure during the day, even more than her husband. She urges him to be light hearted and merry. Once she practically rescues Macbeth from the frailty of his own conscience. When Macbeth sees Banquo’s ghost she creates an excuse to explain his odd behaviour. She attempts to chasten Macbeth by again questioning his manhood. When the situation grows worse though, she takes charge once more and promptly dismisses the lords from the feast.

Madeline leininger Article Example | Topics and Well Written Essays - 250 words

Madeline leininger - Article Example In this case, she explains how the disciplines of nursing and anthropology should be merged to allow nurses live and work comfortably in areas with unique cultural practices. The second important stage was to institute educational programs and courses to prepare nurses in the new restraint. In this, the author argues that nurses must gain knowledge and skills essential for the new principles, concepts, and features in order to guide their actions and thinking. The article emphasizes on educating nurses and preparing leaders in this discipline. In this case, the author comments that the nursing discipline has been insignificantly explored for a long time and hence nurses require adequate training in the new concept. Additionally, the article has suggested that the field of knowledge be basing and grounding on documented research. Other steps suggested in the article include extensive research, establishing generalists and specialist, and formulating strategies to support the

Practical Risk Management with in Information Technology Project Research Paper

Practical Risk Management with in Information Technology Project Management - Research Paper Example In order to control and manage risk, method and techniques are defined briefly in this article. The definition of Project Management as per the Project Management Body of Knowledge (PMBOK) Guide is â€Å"a temporary endeavour undertaken to create a unique product, service, or result and the application of knowledge, skills, tools, and techniques to project activities to meet the project requirements.†(Monoharan & Mansor, 2012). There are nine sub categories in project management out of which four are considered as the most important areas. The remaining four is assisting area and one is a general area. These areas are divided as: Scope management: management of work in order to complete the project. Time management: management of time needed to accomplish task on time. Cost management: management of budget regarding cost effective project. Quality management: All the requirements are satisfied and implied. Human resource management: management of employers for their effectiven ess. Communications management: gathering information regarding project. Risk management: recognizing and answering to risks. Procurement management: outsourcing goods and services. Integration management: interlinks all project knowledge areas instantaneously. In order to lead a fruitful project, the Project managers need to shine in each of these nine areas. 2 The Project Management Process Project managers manages the project in a systematic way or method, however, various project management techniques are available that can be used. Likewise, activities that are included in the PMBOK for the definition of the project are â€Å"components of work performed during the course of a project† (Vida, 2012). The primary activities of the project management process are mentioned in the book called as Whitten & Bentley’s Systems Analysis and Design Methods. The book demonstrated negotiation of the scope, identification of tasks, estimation of durations of the tasks, specific ation of dependencies, managing the efforts of the team, resource assignment, controlling the project progress, monitoring the project progress and lastly, assessment of the project results and experience. Scope negotiation is a critical part of any project that needs management. Likewise, the scope of the project is associated with the working that is required to deliver the product or end result with the requirements of the customer. Project failure occurs due to creeping of the scope that transpires in case of some addition of features and functions regardless of the factor that impacts the end result of the project. Moreover, failure of the projects also occurs due to ambiguous or confusing requirements of the customer. If the scope of the project is not clearly defined, there is a high percentage that the outcome of the project will not satisfy project stakeholders as well as the customers. 3 The Importance of Project Risk Management Information Technology Project Management is a methodology or set of technique that is implemented for identification, analysis and countering risks throughout the project lifecycle and supporting every aspect of meeting the requirements and objectives of the project (Schwalbe, 2010). Moreover, Oracle White Paper pressures over the significance of project risk management and states that, â€Å"Projects are becoming increasingly more complex and costly,

Summary of a biology article Essay Example | Topics and Well Written Essays - 500 words

Summary of a biology article - Essay Example ver specimens of the species have been preserved and a recent analysis carried out, in four places namely London, Liverpool, Philadelphia and New Zealand, on the mitochondrial genome have given new insights regarding the origins of this mammal. Through this researchers have discovered that the closest living relative to the Falkland wolf is the South-American maned wolf. While Darwin had observed certain striking differences between these two animals, genetic analysis however show that species divergence might have taken place about 6.7 million years ago resulting in the migration of the species. Scientists believe that the Falkland wolves might have used large icebergs along with sufficient as means of transportation to the island. Darwin had made a special mention about the differences between the mainland and island wolves in his notes and also mentioned that if answers be found for these differences it would really help to ascertain the stability of species. Darwin’s theory of evolution asserts that variation within the same species is a random phenomenon and survival or extinction of an organism is based on its ability to adapt to its environment in which it exists. If an organism adapts well to its environment by imbibing favorable variations it would thus be able to survive and reproduce at a higher rate. Such a state would determine the stability of the species within that particular environment. His study includes both plants and animals and the specimens analyzed by Darwin include plants, birds and animals and in addition he also collected different types of fossils during his expedition in the Beagle to South America. According to his evolution theory changes in the environment might result in divergence of species based on which environment they best adapt. A similar phenomenon has also occurred in the case of the Falkland wolves. According to the genetic analysis report divergence of the two species from a common ancestor has taken place even

Competitive Advantage Assessment in google+ Assignment

Competitive Advantage Assessment in google+ - Assignment Example Quality is another competitive advantage that the company capitalizes in (Laudon, 270). The company provides its market with the best quality search engine compared to the others, ensuring that the market always prefer the search engine. Technology investment has been the other factor that the company has applied to gain a competitive edge over the other companies providing search engine services. Google+ is the search engine company that has invested a lot of money in technology, to keep their services at the best of other search engine providers (Laudon, 286). The company keeps updating its technology after short duration to incorporate new features that makes their services more appealing and satisfying to their customers. Monetizing the company’s services is yet another factor that has enabled the company gain a competitive advantage over its competitors (Laudon, 301). The company has been able to create money value out of the various products and services it offers throug h integrating advertisements in all of its provisions. This has enhanced its ability to become the most profitable search engine company, and enabled it to invest in more sophisticated technology than all the other competitors in that market segment. Google+ search engine, based on the porter’s value chain, holds competitive advantage with activities such as supplier power, through differentiation (Laudon, 306). Suppliers deliver material to the company, which are differentiated and specialized, and of interest to the company’s customer base. Another values chain factor is supplier’s volume, which allows the company to create pages that rank their materials based on the volume inputs by the suppliers. Barriers to entry are the other value chain activity that allows it to obtain a competitive edge over the others in the same market segment. These value chain activities have

Issues in global political economy Essay Example | Topics and Well Written Essays - 2000 words

Issues in global political economy - Essay Example The relationship between the natural environment and free trade focuses on the trade policies impacts on the ecological environment, the impacts on the trade flows and use of trade measures in order to attain environmental policy objectives (Irwin, 2009). Free trade impacts on the environment drew international attention in 1991 when Mexican government challenges United States laws on ban of exports of tuna to the US from Mexico. The United States Marine Mammal Protection Act prohibited the import of tuna and dolphin from countries that used fishing methods that killed the dolphins (Mitchell, 2009). In its case, Mexican government argued that General Agreement on Tariffs and Trade (GATT) allowed free trade between the two countries. Accordingly, the World Trade Organization (WTO) outlined that countries could restrict free trade in instances when the measures are necessary to protect the safety and health of the citizens. In the ruling, GATT panel clearly outlined that the US governm ent had violated GATT agreements since it could not utilise its domestic legislation to control and protect dolphins that were outside its territory (Geradin, 1997). This case opened new controversial issues on the impact of free trade on the environment since Mexico did not press for the implementation of the panel ruling. Thesis statement: International free trade and environmental protection can never be compatible. Free trade increases the global economic activities and leads to higher national incomes. The total global trade volumes have increased significantly due to trade liberlisation and free flow of labour among the trading partners (Irwin, 2009). The growth in free trade has been supported by advancements in transportation networks, increase in outsourcing, industrialisation and emergency of global trade organisations. Proponents of free trade assert that it leads to efficient resource allocation due to the comparative advantage of nations in producing certain commodities . Garber (1993) asserts that free trade increases global economic output due to expanded market for excess output and elimination of market access tariffs and regulations of the domestic economies. Accordingly, free trade encourages competition among various firms thus leading to high quality products and low prices to the consumers. It is acknowledged that free trade will foster technology transfer that contributes to human advancements and better quality of life in the society. Accordingly, free trade enables multinational companies to reduce the costs of production through attracting high qualified skill force at a lower cost and moving their manufacturing plants closer to sources of raw materials (Michalos, 2008). In addition, free trade will contribute to growth in domestic gross product by ensuring higher employment levels and consumer incomes thus ultimately contribute to increase in consumption levels in the economy. However, environmentalists assert that free trade leads to market externalities like pollution and thus stringent domestic environmental regulations are necessary in order to check the standards of goods imported in the economy (Esty, 1994). The WTO established a committee to deal with trade and environment in 1995 in order to deal with issues concerning domestically prohibited goods and eco-labelling. A major concern for the committee is the relationship between multinational environmental agreements

Nursing Informatics Coursework Example | Topics and Well Written Essays - 500 words

Nursing Informatics - Coursework Example ther, health informatics deals with resources methods and devices aimed at acquisition storage and retrieval of the vital information of the patient as they pertain to patient care. Nursing informatics, therefore, forms a basis for clinical care for the nurses. They form a critical avenue for information for making clinical and care judgments by the nurses and a basis for evaluation of the care the patient receives (Paans et al., 2010). Through the health informatics, the nurse can access the comprehensive information about the previous care the patient has received in other care institutions. This will facilitate fast and more detailed care. This widens the nursing knowledge and makes the existing knowledge better. The nurses get to add what they never had before in the practice and get adequate information in the ever-changing field of care (Hovenga, Garde, & Heard, 2005). Finally, as to promote the continuity of nursing care the information system forms a crucial link to inform others about the care given to a patient. On the other hand, medical informatics helps in the uptake of new informatics helping them to care better for the patients (Hovenga et al., 2 005). Informatics is also a method that new care methods move from one care center to another in a way that they promote evidence-based practice. For a person using electronic health records, they accrue some benefits associated with this type of information system. First, EHR reduces the time the patient waits to receive care because the health information of one person may is integrated with many care centers (McGonigle & Mastrian, 2015). Therefore, the health care provider can access this information saving the patients time and maximum care. Besides, this type of health records prevents omissions and other documentation errors. The system has a design that prevents progression to the next level of information without completely filling the previous sections. This ensures that the patient receives

Consuming Architecture Essay Example | Topics and Well Written Essays - 2500 words

Consuming Architecture - Essay Example Such property developers are less concerned about the beauty aspects of the building. Property developers need to ask themselves questions such as whether or not the building will improve its surroundings. After the building has been developed it should look great one to two decades later. A good building should also attract many people and be viewed as a landmark. Everyone should also yearn to purchase a good building or reside in it. City councils and property creators should understand that it is their sole responsibility to make sure that the city space is well utilized and managed (Gieryn, 2000). This does not only apply to residential buildings but public properties such as offices and restaurants as well. City councils and property developers should be perceived as organizations that appreciate and comprehend design. The aesthetic value of a building ought to be prioritized. It is pointless to build interiors that are extremely beautiful while the exterior looks ugly. The enti re building should reflect a unanimous tale. Most developers fail to think about the beautiful aspects of buildings such as garages or stores. There is no pain in adding graphics or color on buildings. Enhancing building does not cost as much as neglecting them. The uniqueness and beauty of a building will definitely attract customers. Many building have been created with minimum commitment of design and aesthetics. There are others that try to make a few things right but not all of them. A lot needs to be done and minimum has never been enough. Most consumers are extremely conscious about design especially in the modern times. Technological advancements have opened people’s eyes and revealed that there are a lot of possibilities out there. Individuals are browsing throughout the globe and they are taking part in the concept of design. Design is not limited to specific individuals or groups any more. It is not surprising to find out that even young children understand what de sign is all about. Children also value design in everything they purchase for instance clothes, cars and even where they live. Getting it right the very first time will surely save city councils and consumers a great deal. According to Brand, buildings have forever been wholly studied in space rather than time (1995). Architects are majorly concerned about the original goals of a building. These individuals are later surprised with the outcome at the end of the day. A building somehow adapts its own existence and responds to it. Brand examines that which makes a building attractive. This author analyzes the period between the dazzling experience of a freshly built property and it final collapse. Brand’s study revealed that all buildings are somehow forced to adapt though only a few become accustomed elegantly. Buildings are known to adapt well when they are frequently renovated by those who live or use them (Ballantyne, 2002). Architects also have the capability of transformi ng their perspective of space to time in building. Buildings have the ability of looking better with time but only if they are given the opportunity. Building should be conducted in support of time but not against it (Brand, 1995). There is a big gap that has been identified by analysts regarding the expected performance of a building and its real ability. Reports have indicated for instance that buildings consume between two to three times more energy when they are occupied yet these estimates are different from the ones that were made by the designers at their initial development phase. It is undeniable that buildings that are not well developed can really turn out costly in terms of bills and extreme gas production. Occupants in turn

To Find Common Identifying Factors in different financial scandals Essay Example for Free

To Find Common Identifying Factors in different financial scandals Essay Financial scandals are known for their adverse effects on businesses. They can cripple a business entity or lead to total collapse. Thus, the value of looking into the issue of scandals constitutes a study area of great value both to the academic discourse and the general knowledge. This paper looks into financial scandals with a view to finding common factors underlying them. Through a case study approach, the Amaranth Advisors, Allfirst Group, and Soceite Generale are examined. Through the use of relevant literature review, it is established that though scandals are different in the nature of their emergence, there are a host of common factors that occasion them. The study finds that poor regulating posed by both internal and external mechanisms are to blame for this phenomenon. It is also established that issues such as rogue trading, office politics, laxity in rule application and sluggish responding constitute the other common factors underlying the scandals. The paper concludes by calling upon the tightening of measures, updating technologies, de-politicizing organizational business, and the adoption of stringent regulation to tame the vice. Introduction Financial scandals involve business and political misdeeds by executives entrusted with large public and private institutions. These schemes entail complex methodical application of schemes with a view to misdirecting and/or misusing funds. Other forms of scandals may pertain to understating expenses, underreporting business liabilities, overstating of revenues, overstating of assets, etc. This is normally done by officials and subordinates of businesses. In public enterprises, this kind of action constitutes fraud. In cases where scandals have been detected or reported, the norm is always to launch investigations with a view to unearthing the issues underlying the engagement of such criminal activity. The oversight agencies like Securities and Exchange Commission in the United States are responsible for investigating the emergence of this kind of crime. Scandals typically present a seriously dangerous scenario as most investigations point that such scams are nothing but a ‘tip of an iceberg’. As this paper finds out scandals are often led by officials within organizations. The officials are given support by either laxity or complacency by relevant organs. Literature review In any research, the use of literature review is of undisputed value. Literature review enables a researcher to find the status of an issue area. This is possible as literature review offers what other researchers have done on the study issue. On this basis, this study is no exception as it heavily relies on the works of other scholars towards raising important findings. The case of Societe Generale The scandal involving Societe Generale went on for a long period of time. It was first reported via an email on November 7th of 2007. A surveillance office stationed at Eurex raised the mater before a compliance officer of the bank. It was revealed that a trader; Jerome Kerviel, had engaged in a number of transactions which were suspicious in nature (Martin, Allen, Allen and Samuel, 1). The bank bid its time and launched its own response in 20th of November. In this response, a risk control expert at the bank purported that there was nothing irregular in the transactions executed between the bank and the client; Jerome Kerviel. In his response, the bank official claimed that the then ongoing volatility in the financial markets especially in the United States of America and Europe stocks, was the reason behind the bank’s requirement of after-hours trading (Martin, Allen, Allen and Samuel, 1). The office at Eurex did not stop there. On November 26, it sent a second email to the bank explaining its displeasure at the way the matter was handled by the bank. This explains what led the bourse to demand further information regarding this issue. The bank, Societe Generale provided further information on 10th of December. On this basis, the two parties; Societe Generale and the Eurex office let the issue disappear (Martin, Allen, Allen and Samuel, 1). When Kerviel raised another alarm, coming five weeks later, it proved too little too late. He made a lot of profit based on the surreptitious trading amounting to around two billion US dollars. However, this gain was soon to evaporate as a loss in the region of seven billion US dollars. The bank basically unwound the financial standing of Kerviel on 21st and 22nd of January (Clark and Jolly, 1). A spokesperson of Societe Generale declined to comment on the warning issued earlier by Eurex claiming an internal inquiry led by a special committee composed of independent directors was underway. It is hypothesized at this stage that ignoring the red flag raised by Eurex was a serious misstep in aiding this scandal. The loss suffered by the bank is almost wholly attributable to the actions of ignorance on the side of the bank (Sage, 1). The bank, despite being in business for over one hundred and forty four years, it failed by allowing a culture of risk taking to flourish within its ranks. Simply put, this seriously exposed the bank as it allowed for major flaws to characterize its operations. It is hypothesized that it is this allowance that paved way for the rogue businessman to rock the bank and make away with a good amount of money while leaving the bank with gaping holes in its financial status. The manner in which Kerviel was let to undertake his mischief undetected by a bank of Societe Generale stature serves to underscore this realization (Gregory and Anne-Sylvaine, 1). Instead of discouraging the making of big bets by clients, the Societe Generale group rewarded traders who made such risky investments. It is further revealed that it was never uncommon for traders to exceed the limits put on trading momentarily before holding back. This was however against controls limiting this (Martin, Allen, Allen and Samuel, 1). During January 2008, Societe Generale lost over 4. 9 billion euros as it closed positions in three days. At this time, the market was experiencing a big drop in equity indices. It is claimed by the bank that these positions were fraudulent creations of one, Jerome Kerviel, a rogue trader. However, more surprises were sprung up as the police claimed they did not have the evidence to charge the culprit with fraud instead preferring abuse of confidence charges against Jerome Kerviel. Jerome Kerviel claimed that his actions were well known to the superiors at the bank and the major reason behind the collapse of the bank was based on panic selling (Sage, 1). It is claimed by bank officials that throughout the year 2007, Jerome Kerviel was trading profitably anticipating a fall in market prices. This was however done beyond authorized levels. The culprit is accused of engaging in trade totaling almost 50 billion, a figure way above the bank’s sum market capitalization. It is further revealed that Jerome Kerviel attempted to hide this engagement by intentionally creating losing trades in a bid to offset the early gains he had made. In addition to the above allegation, Jerome Kerviel is thought to have made over 1. 5 billion US dollars in hidden profits (Martin, Allen, Allen and Samuel, 14). The case of Allfirst John Rusnak, a former currency businessman at Allfirst bank, at the time an affiliate of AIB Company was given a 71/2 years jail term in connection to his role in the disappearance of six hundred and one US million dollars. This sum of money was lost due to the banking system’s encouragement of bad bets. The bad debts were later to snowball leading to a monstrous scam ever witnessed in the banking industry. The culprit, Rusnak John was transferred from prison to his house in June of 2008 to be under house detention until September the same year and later let free in 5th January 2009. This meant that in total, Rusnak served less than six years in incarceration (Robert, 45). If the original sentence could have been adhered to the later, Rusnak could have been held in prison for a period of over 30 years. However, the original sentence was a presentation of a plea bargain hammered in collaboration with the US prosecutors. While being released, it was alleged that Rusnak had earned good behavior and completed a drug treatment module. On his release, Rusnak was expected to begin paying one thousand US dollars a month to cater for his time in probation (Robert, 45). Though Rusnak was held responsible for the loss of six hundred and ninety one million US dollars, the case prosecutors claimed whatever amount to be paid was to depend on what the culprit was able to make after being freed. The fraudulent activities engineered by Rusnak were very harmful to the entire stakeholder ship as over one thousand and one hundred Allfirst employees lost their jobs during the sale of the company (Robert, 45). Early on at the discovery of the fraud, the executives at Alllfirst and AIB believed that there was no any form of conspiracy between Rusnak and any other member or official of the bank (Brian, 54). This finding may absolve the bank of any blame in the eyes of the public. However, this is a devastating finding since it paints a grisly picture on the part of the bank. That is to say if one bank official would carry out a fraud of this magnitude, then things were quite wrong. Simply put, the bank’s monitoring and self regulating mechanism was in tatters to say the least. The Ludwig report confirmed that the bank’s back office did not make attempts towards confirming the bogus options alongside their Asian counterparts. The negligence fronted by the company’s middle and back offices from confirming the foreign exchange rate from an independent source also puts the bank on the spot. It is also alleged that the internal audit done in 1999 did not bring out the real picture. Later in 2000, an audit carried only examined a single transaction to determine whether indeed there was impropriety. These failures of the bank only present actions that appear in support of graft (Brian (a), 34). The back office at the treasury had issued a warning regarding the events at the bank. The fact that the bank chose to let the opportunity points to gross misconduct by leadership. The treasury, backroom office had raised a host of issues regarding Rusnak’s personality concerns and confirming trades conducted by Rusnak. The culprit seemed excellent in playing organizational politics to his advantage. This is reflected by the fact that the back office desisted from reporting the actions of the trader as the management was behind Rusnak’s activities. If the back office had received support from the top management, then the rogue activities could have been curtailed (Brian, 54). Foreign exchange rules require that suspicious activities should be discouraged (Brian (a), 34). The two prime brokerage provision banks failed to uncover what Rusnak was undertaking. This was a notable omission on the part of the two banks. The Historical Rate Rollovers should never have been used to uncover fraud deals as it happened. The trading system at Allfirst was literary flawed as one employee was trying to run a hedge fund. Rusnak had no knowledge, diversification, skills, and other requisite attributes necessary to run the trading system (Brian (a), 35). The case of Amaranth Advisors The year 2006 was one of the most devastating in reference to the history of the Amaranth group. It is during this year that Amaranth Advisors lost in excess of two billion US dollars over a span of few weeks (Robert, 37). Amaranth Advisors engaged in a very risky venture in regards to trading. This left the business entity hugely exposed to the frugalities that characterise the business world. Liquidity is an aspect that should be closely monitored if businesses ae to be safe. But taking risks as this business did implies a readiness in the business to test the waters of uncertainty. Launched as a hedge fund business, Amaranth operated a very risky venture as its portfolio could change up to 80 percenty in reflection of the energy trade. As this soared, the group, Amaranth changed tack and put onside the concept of diversification with a view to mitigating the risks that were emerging. the group traded on Credit Arbitrage, Convertible Bond Arbitrage, Merger Arbitrage, Energy Arbitrage, etc. Initially, the the amount in Convertible Arbitrage reflected sixty percenty of te worth of the company. however, by september 2006, this had shifted to almost two percent. Such is the volatility that characterised the company activities (Robert, 37). One factor emerges at this point; there were no limits concerning the regulation of concentration. Leverage was also unrestricted. when leverage is unrestricted, it means that a company can engage in trading beyond the set limit or outside the confines of its budget. this portends ill for a business as in the case of a loss, the company can easily go under (Robert, 37). Brian Hunter who was hired in 2004 takes blame for the financial fiasco experienced by this group. Brian Hunter had already cut a niche for himself in the corridors of wall street. While trading in energy futures, Hunter had achieved great success and it is perhaps on this basis that Amaranth hired him. The trader was so renowned such that When he threatened to quit in 2004, his perks were adjusted upwards to tie him there. Hunter was also given the oportunity to trade separately from the group boss and awarded adittional compenation. Equally of note rests on the fact that the individual was given the privilege of relocating o his hometown and trade from there (Robert, 38). On the basisof the United States Senate Permanent Subcommitte on Finance, Amaranth lost money in the region of two bilion US dollars beginning the first week of August. This loss was attributed to the trading in natural gas which led to high liquidity in the entire company portfolio. The John Marthinsen estimates put the losses at around 6. 5 billion. The Amaranth group was deeply engaged in various types of contracts that captured futures, options, and swaps. The company position remained hugely independent on the future prices of natural gas (Robert, 38). Historically, natural gas prices rose during the winter times. This was held as natural gas is commonly used as a heating source at tis tme. so it was commonsense that gas prices would rise during te time. Amaranth was banking on this norm to enable the company reap profits. However, this is an instinctive way of runing business which cannot be relied upon though it wored previously. this ponts to a lack of well oiled strategies in running the business (Robert, 38). Allfirst hired John Rusnak as a currency trader with a view to help in the proprietary exchange of foreign currency. This was a costly acquistion as the fellow cost the bank around 691 million dollars. Through the use of various methods, Rusnak overstepped his mandate and traded beyond limits putting the bank’s fortunes at stake in the process (Robert, 38). The wild derivatives were the first error towards the financial meltdown. It appears like Brooksley Born, the then chairperson of Commodity Futures Trading Commission had foreseen the danger posed by deregulation of derivatives. The idea to extend the regulation mandate as proposed by Brooksley was rebuffed by the officials of the Securities and Exchange Commission, the Federal Reserve, and the Treasury Department. While it remains debatable whether the regulation could prevent or alter the financial trend, few dispute the idea that such control would have slowed the emergence of the problem. Financial analysts believe if this was introduced 10 years or earlier, the control would have mitigated the rise of the problem (Blinder, 1). Wild derivatives have adverse effects on any business, the deregulation of derivatives at Amaranth, Allfirst, and Societe Generale point to the fact that such a precedent is dangerous as it portends ill for a business. Blinder has observed that the alarm bells signaling the financial credit crunch went long ago and individuals in positions of influence refused to act rather preferring to protect huge business interests. The innermost government sanctums were basically to blame as they chose to protect few businesses at the expense of the common good (Blinder, 1). Brooksley, while serving at CFTC made it clear to congress that controlling the financial markets was necessary. The financial instruments commonly known as derivatives were the focus point. It is little surprise that ultimately the collapse of the derivatives market served as a trigger towards the 2008 financial crisis. Brooksley was overly concerned about the ‘swaps’ unregulated trading (Blinder, 1). This unregulated trading led to the near collapse of the economy. Similarly the unregulated nature of activities of the three companies presented the necessary conditions for the scandals to take place. For an efficient market operation, there are no illusions, regulation by an independent body is necessary. On the basis of Blinder’s observation ‘sky high leverage’ an issue that arose in 2004 leads to serious effects on businesses (1). During this period, the S. E. C allowed securities firms to up their leverage to levels unmatched before. Prior to this instance, leverage stood at 12 to 1. After this event, the leverage sky rocketed to 31 to 1 (Blinder, 1). This is a pointer to madness on the side of the S. E. C and firms’ heads. It is known that at 33 to 1 leverage, a small decline, for example a three percent decline in assets valuation can lead to a wiping out of a business company. If the authorities had ensured that the leverage was kept at 12 to 1, then the firms would have remained stable as they would not have grown that big or exposed to vulnerability. The firms being examined in this study equally let their officials exceed their normal leverage explaining why the effects were lethal. Findings When Eurex issued a warning, the Societe Generale officials did not respond adequately, instead they took to time wasting with a view to getting the issued buried. Warnings are expected to serve an entity to refocus or correct something going wrong. The Societe Generale group did not heed this, nor did Amaranth do. The officials of Societe Generale affirmed that there was nothing wrong with the transactions executed by Kerviel. This is an indication that Kerviel must have been operating under the protection of big officials at the institution or that the institution checking mechanisms were amiss. The internal self regulating and checking mechanism were in a total mess. This explains why Kerviel was able to wage such criminal activities without being noticed. However, this may point to another issue concerning politics of organization. Accomplices must have been used from the highest levels of management. For Kerviel to engage in this act, he must have been damn aware that there was some form of protection that would come his way. Risk ventures hold huge potential both in reference to loss and profit making. Societe Generale encouraged traders to continue engaging in such ventures. Jerome Kerviel claimed that superiors were aware of his actions. The losses incurred by Societe Generale were reflected in a very short time; three days. This does not however imply that prior to this; the business was in a sound position. This is because before such a position is reached, there must have been factors at play. The senior management based in Dublin and Baltimore failed to focus on the happenings at Allfirst. The role of any management team in all organizations is and remains one of overseeing the transactions executed. Simply put, the management should sanction all activities. Activities which carry the importance as the one carried out by Jerome Kerviel should have been closely monitored. However, this was not done. The betting business is a risky business venture which Allfirst bank encouraged. It is a fact that profits can be made in this business. However, it is also possible to make huge losses which may lead to collapse of a business entity. On this basis, there are regulative measures always put in place to guide in the setting the right amount to be gambled. Laxity in rules comes into the fore as Rusnak was given a relatively big sentence at the beginning but this was watered down to a mere 7 years though the culprit ended up serving even less. The amount payable back; 1 000 US dollars presented a slap in the face of justice considering the amount of losses the person had led Allfirst into incurring. The foreign exchange rules requiring the disapproval of suspicious ventures was also discarded as Rusnak continued with his business unhindered. Internal mechanisms at Allfirst and AIB at first claimed there was nothing sinister about Rusnak’s engagements. All other bank officials were cleared of any wrong doing claiming that there was no form of collusion between Rusnak and any member at the bank. The middle and the back office must have slept on the job. They did little to seek valid information from independent sources regarding exchange rates. In addition to this, the audit carried out by the bank examined only a single transaction involving the activities of Rusnak. How fair was this? The back office at the treasury issued a warning of impropriety at the bank concerning Rusnak’s activities, but this was either unheeded or ignored. The senior management monitoring and control system like auditing were overrated as they miserably failed on the very aspect they were there for. Just like Allfirst and the Societe Generale group, Amaranth Advisors engaged in a very risky trading system. Thus the uncertainty in the bank was bound to reflect on its financial and business health. Unregulated leverage was the crucial issue that brought down the bank. Brian Hunter the fellow behind the scam at Amaranth Advisors was given special treatment. Rusnak overstepped his mandate and traded beyond Amaranth Advisors’ limits. While Rusnak was doing this, the Amaranth Advisors just like the other two companies had internal mechanisms of regulating and monitoring activities within the organization. Outside regulators were also in place. The fact that both internal and outside sources of regulation failed to act puts such bodies or departments on the spot. Comparison of findings Poor rules and regulations regarding business operations are found to be reflected by the three business entities. Rules and regulations play a very pivotal role in the running of a business. Such rules and regulations stem from either within or from outside a business. The regulations relating to trading limits were flouted. Internal and external mechanisms equally failed to unearth these events. Where they were unearthed by external offices, the establishments at the three companies poured cold scorn on the advice. It appears like engineering episodes that were bound to happen. In the three cases, there are single individuals masterminding huge scandals. What baffles scholars and the public alike is the manner in which the events proceeded undetected for a long period of time. With the current levels of technology, it also leaves a lot to be desired why institutions like these could not use such technological assistance. Office politics, a regular phenomenon in most public offices also rears its ugly head again. The revelation by the former chief economist, Yves-Marie Laulan that what happened at Soceite Generale was inevitable offers strong support to this position. Yves-Marie Laulan further claimed that some things are hard enough and thus difficult to control, an implication that the economist could have well been aware the scam was in the making. The fact that when red flags were raised in these scandals nothing of note was taken by the companies serves as a pointer that senor and powerful individuals were behind the scams. Only that, they were achieving their goals through proxies. The proxies in the cases include the three individuals mentioned as the perpetrators of the scam. Rules regarding business operations were flouted. If rules and regulations are not obeyed things are bound to go awry at some point. The trading limit rules were ignored by these companies. Risk ventures which were suspect in nature were let tom thrive. As if that wasn’t bad enough, warnings issued were ignored. Where they were heeded, the approach was truly sluggish in nature. The companies; Amaranth, Allfirst, and Societe Generale presented cases of flouting expected levels of leverage. It is crucial that leverage levels be kept at the right level if businesses are to remain afloat. In the cases of the three businesses, this was never observed. The failure to observe set rules and regulations serves to point to impropriety in handling the businesses. Discussion On the basis of findings, it is discernable that there was laxity in rule implementation. Every trade has its regulations which aid operations in day to day transactions. The three entities examined in this survey exhibit an unwillingness or sluggish nature in implementing the regulations of business. In the three cases, the three culprits wee found to have operated way beyond the limits set by their businesses. System weakness and other failures are equally found to have served as impediments in the success of business. The scandals raised or rather examined in this paper are of big magnitude. However, despite calls for investigations and the raising of alarm bells in reference to the scandals at their initial stages, nothing worthy was engineered to curtail the explosion of the scandal. Every system is supposed to regulate itself fully. A system that fails this test is out of sorts and lacks the legitimacy of being in operation. Assuming that there was no abetting of these criminal activities in the respective scandals, then the systems regulation and control mechanisms were a total mess. Such systems should e replaced and completely done away with. Technology plays a critical role in present day business activities. For example, it aids the flow of transactions in a very expedient and efficient manner. Thus each company is encouraged to employ latest and up to date technologies in order to move a business forward in tandem with present trends. However, the scenario at Alfirst points to a different direction. The use of the Crossmar Matching System to monitor trade should have been used, working as a group would have equally helped. Instead of applying this latest technological support, Allfirst was employing the use of telephone and fax. The use of spreadsheets to feed information regarding exchange rates to the business is also another shortcoming attributable to the inability of the business from taking important and necessary steps in addressing business requirements. Simply put, it is a shame that a company of Alllfirst’s stature could be using the methods mentioned above. Whichever explanation is given in support of this position is unacceptable and unwelcome to level headed individuals. One of the greatest mistakes of the companies though not expressly captured in the paper relates to office politics. Office politics is almost commonplace in every business as human beings often tend to align themselves to different cocoons at the work place. However, it is the duty of the top management to focus on this aspect and ensure that office politics does not work to the detriment of an entity. If a business leadership fails on this, then there is no good in the office leadership being in office. A closer look at events in the three scandals implies an absence of good leadership characterized by political intrigues. When warnings were issued at initial stages of the scandal, the top leadership in the organizations seemed to brush aside the allegations. They equally failed to investigate and either authenticate or dispel the rumors in total. This, in my considered view, was an act outlining a possibility of role playing in which case the top leadership was an accomplice in the scandals. In the case of Allfirst, the preferential treatment of one employee illustrated by receiving extra perks and being allowed to work from home also underscores the point. The key to success in any business rests on good management practices (Barrett, 51). This points to the ability of the management to set achievable goals and embarking on a mission towards realizing them. For success to be attained, the management must outline the necessary tasks in setting up and managing the business. The goals set for the business must be measurable in performance terms. Towards that end, major goals should be broken into smaller goals. These sub goals should have timelines which must be observed. This is an area in which the businesses failed leading to the witnessed scandals. After setting goals and the sub goals, the individual owner or manager must move into action and make the necessary steps towards attaining them. The efforts required in achieving the different goals and sub goals are different, then the deviations should be reflected in the actions or the steps taken towards the achievement. The required effort must remain reasonable so as not to discourage the manager. Caution should be taken to avoid chasing too many goals as such pursuit may scuttle the success of a business (Wright, 75). In this regard, priorities must be set. The businesses studied in this research should prioritize vigilance and caution while trading. The planning and setting of goals must be done well in advance. This enables the manager to understand what to expect in most circumstances. As the business grows the set goals should gradually be achieved as such achievement is expected to motivate the manager. Normally, obstacles will be on the way of any business venture, this should be anticipated and provided for in terms of arrangements to counter or mitigate the effects (Wright, 75). The businesses mentioned in this study should have done this to avoid such scandals.

The effect of temperature in catalyse activity Essay Example for Free

The effect of temperature in catalyse activity Essay Enzymes are proteins that act as catalysts. They are made in cells. A catalyst is something that speeds up a reaction, but does not get used up in the reaction. One can usually be used many times. An example of this is shown in the following diagram: Prediction and Scientific Knowledge I predict, that if I have a higher enzyme concentration, then this will cause a higher rate of catalyse activity, because there will be more active places for a reaction to take place, which will cause more chemical reactions because of successful collisions because of the active site of the enzyme and substrate. The collision theory states that molecules must collide with sufficient energy (activation energy) if a reaction is to take place. As temperature increases more molecules gain this activation energy, hence more collisions occur per second, so the rate increases. This is what will happen in my experiment. The product will be the carbon dioxide produced. I believe the rate of reaction will be at its peak when used in conjunction with water at a temperature of 40? C, because if the temperature exceeds this then the enzyme is also not efficient due to the lock and key hypothesis, which states, when an enzyme gets to a certain temperature, it denatures and cannot function properly. Apparatus The apparatus I will be required to use in this experiment are a: Conical Flask (plus cork) Measuring cylinder (Cylindrical) Borer Delivery tube Water Water bath (room temperature, 30? C, 40? C, 50? C and 60? C) Knife White tile Ruler Variables Stop watch Bung The variables used in this experiment will be: The varying temperature of the water The volume of H2O2 The amount of Potato (for this experiment we used #cm as if we used a certain weight rather than length, the surface area would be different for each piece, so therefore making the test unfair. The shape of the potato (again to do with the surface area) The time of the reaction so as to gain the correct readings from each test. Apparatus and Diagram Method Firstly we gathered together the above apparatus and set up the experiment as shown in the diagram. We would use 2, 3cm size pieces of potato for each test tube and carry out each individual test 3 times and gain an average reading. The tests would involve testing the reactivity with 5 different water temperatures, these temperatures: Room temperature, 30? C, 40? C, 50? C, 60? C We decided with the experiment that we would time the reaction for 1 minute and then note down the reading of oxygen (O2) produced. To insure that the temperatures were at their exact point and to make sire the we stable, we used water baths, which heat the water to the exact temperature and keep the temperature constant, as to make the test a fair one. As with all experiments, we had to be aware of safety, for a number of reasons: We were using a knife to cut up the potatoes, which, when being used wrongly could lead to injury. H2O2 is a corrosive substance, so we had to be careful that we did not come in direct physical contact with it (i. e. spill it on our skin) and finally, We were using a water of high temperature (50 and 60) so had to be careful not to burn ourselves. Table of Results Temperature (? C) Test 1 (O2 produced in cmi ) Test 2 (O2 produced in cmi ) Test 3 (O2 produced in cmi ) Average (cmi ) 20. 0 (room temp) 1. 20 0. 80 0. 90 0. 96 30. 0 1. 40 1. 80 2. 00 1. 73 40. 0 2. 40 2. 60 3. 10 2. 70 50. 0 1. 80 2. 00 1. 50 1. 76 60. 0 0. 07 0. 09 0. 10 0. 086 Summary of Results You can see from the results, the reaction rate slowly increases as it goes from 20 to 40 and at 50 it has begun to denature, but by 60 the enzymes have completely denatured and the reaction is very small. Conclusion The scientific knowledge we gathered during our theoretical side of the experiment proved to create results that we easily distinguishable when plotted against what we had predicted to find. For example, the lock and key hypothesis states that once an enzyme has reached a certain temperature beyond its optimum, it becomes denatured and cannot function properly as a catalyst and therefore not speed up the reaction. The collision theory also comes into the experiment, as with a greater volume of H2O2 the experiment rate of reaction would increase. This is due to the fact that with a greater volume, there will be more successful collisions between both reactants. To conclude the practical experiment, we found that due to the enzymes being biological, they denature once they reach a certain high degrees, and we found the reaction decreased severely between 40 and 60. This suggests that the enzymes began to denature somewhere before 50. We also found that the results reflected the theoretical calculations we had made earlier (i. e. the collision theory: Rate = Change in Volume/Time) This also suggests that if we used a greater volume of H2O2 then the rate of reaction would speed up (e. g. in this experiment the rate of reaction was directly proportional to the rate of reaction. ) Evaluation The aim of our experiment was to see whether temperature has an effect on catalyse activity, from my results we can see that it does. The procedure of this experiment was fairly straight forward and was carried out correctly though there were certain things that complicated the practical side of it. The quality of the data we obtained was if not perfect, close to correct as it approximately fitted with our theoretical predictions that after 40 the enzymes would begin to denature and by 60 they would be completely ineffective in the reaction. With most experiments like this one, there are always going to be certain factors that either arent carried out properly or are not going to work quite as they should in a classroom atmosphere, as it is far different from a scientific lab, but I feel that the experiment was suitable and we received good, accurate results. There are a few improvements that could be made to improve the fairness and accuracy of the experiment. For example: Use either a more accurate water bath, or other device that can heat to a certain temperature and keep that temperature at a constant level. And Use a more accurate instrument (rather than a knife and ruler) to cut out the potatoes to insure they are all of exactly the same length and surface area, to keep the test fair. Another thing I would have done is use a pureed potato instead of using a potato cylinder like I did. This is because it would give more active sites for a reaction to take place.

Observations of babies and young children

Observations of babies and young children There are many different types of knowledge that can be found out about a child when carrying out observations on babies and children. Observations can help a practitioner gain an understanding of a child and whether they may need help or support within any of the areas of their education, personal life, home life and problems that the child may be trying to deal with. We as early years practitioners carry out observations on babies and young children to record and observe their physical, intellectual, language, emotional and social development. It is important to observe these areas of development to make sure that children are meeting their developmental norms in all of these areas. We also observe to be able to find out different techniques of how to promote these areas of development. Communicating with children appropriately within observations is extremely important; the child within this observation could be shy and find it hard to talk to adults, so therefore it is important that the practitioners get down on their level, have a genuine care for them, use open body language, an example of this could be uncrossing your arms and using an appropriate amount of eye contact, for example, not staring at the child, so that the child may feel uneasy and insecure but looking at the child in an ensuring way and trying to connect with them. According to, www.bestpracticenet.co.uk, EYPS Standards, It is important to, Have high expectations of all children and commitment to ensuring that they can achieve their full potential. This can be done by showing a child hat you have faith and confidence within them and their abilitys to grow and develop. This could be done by something as simple as using positive facial expressions, these are important; by doing this it could refle ct your happiness onto the child and by a practitioner being positive and smiling at the child, a young child may look up to you and think of you as a role model. Children will respond to this positive attitude and this may affect their self esteem, confidence and therefore they may want to form a relationship with you. If a child that you are carrying out an observation on is shy or withdrawn, there could be many reasons for this, so it is important to be aware and also to be sensitive to the child and their feelings, as by not doing this, it could affect a childs self esteem. Good skills of language should be used within observations, for example, a practitioner should vary their voice tone and not be too loud or quiet when communicating with a child. By carrying out observations, early years practitioners find out all of the individual needs of the children. This could vary from many different things, for example, if a child needs more support, such as whether they have any special needs or one to one requirements or whether a baby or young child may have problems with their recognition or sight ect. Many problems or abnormalities will be common within babies and young children and could go unnoticed, if observations arent carried out successfully. Observing the development of children can be fascinating. It is important to remember that each child is a unique individual. Children develop as they grow and learn new complex skills. The sequence of development is not the same for all children. An individuals ability progresses at different rates depending on inherited characteristics and the nurturing that child receives. Growth and development will progress well when a childs basic needs for food, warmth, sleep, exercise, encouragement and love are met by reliable adult carers. Development is holistic including physical, intellectual, emotional and social aspects. These areas of development are integrated into a whole special individual. From carrying out observations we can find a general indication of how a baby/child behaves and who they interact with also we can get a general overview of their interests, and what they dont appear to like; which is why it is important to observe so that we can encourage the youngsters to try new things. For example, if a child doesnt seem to be interested in reading books. Then a EYP could find out one of their interests, for example, Thomas the tank engine and then adapt this theme to the book corner. Observing a childs unique development is a rewarding skill to learn. As with all skills within life observation requires practice and it is important to perfect this skill whilst working with children. It is also important to carry out observations so that parents can be aware of their child/ babys progress and this will help the childs parents gain a knowledge and an understanding of their childs ability. It is also important to inform parents and carers about a childs development, as they will also be able to be a part of their childs education, for example, setting up an activity that promotes their childs overall skills and development. It is important to be objective when observing children, this is done by not judging a child and taking everything into consideration and having a positive outlook. EYPs should not have fixed views or a subjective manner before observing a child. For example, if someone tells you that a child that your going to observe is very naughty and very behind in their development stages. An early years practitioner should observe the child with no fixed views and not judge the child on what others may have said. When children are born, mid-wives or nurses come to the mothers house to be able to monitor and observe the child and make sure that they are developing properly, for example, putting on weight. When children go to nursery and school EYPs have many different observations that they carry out on the children for all of the different types of development. And they also plan activities on the basis of these observations. Before an observation is carried out it is important that many Ethical considerations are taken in to account. This includes many different factors that may affect the observation, for example, EYPs have to make sure that get permission from the supervisor of my placement, this is done by simply asking if it was acceptable if they carried an out an observation. It is important to consider getting the document signed after it had been completed. EYPs should know that they need a teacher or supervisor to advise them on their observation or whether it needed their advise and at what level they needed them to consult at. They also had to know what information should be shared with the teacher and the parents about the observation I have done. They also have to take into account the health and well-being of a child. According to, www.bestpracticenet.co.uk, EYPs Standards, Early years practitioners should, Plan and provide safe and appropriate child-led and adult initiated experiences, activities and play opportunities in indoor, outdoor and in out-of-setting contexts, which enable children to develop and learn. This is done by making sure that when the observation or activity is going to take place a child should be safe at all times and there should be no potential risks to the child. Also they have to think about how they would report the information, how they would set out the observation, whether the children could have been ill or could have suffered from a virus recently and wasnt their self, the child might suffer from a disease or a behaviour disorder. The time of day is important because if the child is hungry it might not be its normal self and might not be up to showing its skills, so therefore the observation might not be as successful. It is important to choose a random child and make sure that differentiation is included. Early Years Practitioners should also consider their own health, hygiene and well being before carrying out an observation. When carrying out an observation it is important to use the correct method for the certain type of development that is being observed or monitored. For example, if a child has special needs, etc. Then an EYP may observe them to see if they need any additional help, such as, one to ones, being seen by a nurse for its overall well-being or other issues. A child with special needs may need a translator for sign language or they may need their work or activitys put into Braille. Children with special needs may enjoy or learn more when doing sensory activitys. Additional needs children may require many specialists opinions or help, for example, speech therapists. Also it is extremely important that all children are treated equally and with dignity and respect. It is important that we inform parents of their childs progress regularly and that they are aware of any under development seen from observations; we must inform parents who can then take further action in involving a doctor, psycho logist, pedetrition, school worker. Children that are non-English, for example, they dont understand the English language and they cant speak or communicate the English language. This is can be quite a difficult situation; I have observed in one of my placements a similar situation. A girl came over from India and she could speak a little English but did not understand fully, to be able to succeed in many activitys within the classroom. This child was helped by the teacher using, phonics and the child was also provided with one to one help. However in extreme cases where children may not understand or speak any English at all, translators are useful. For a child that may struggle with the English language there are many ways or helping them understand and learn, for example, picture card activitys as this will stimulate their recognition of different objects. Also a child may benefit from, ICT and audio facilities, interacting and playing with other children. And it is crucial that a child that doesnt speak any English has lots of contact and communication with English speakers. From the ages of 0-3 children have strong social needs. At a very young age children form strong attachments. The Psychologist John Bowlby was the first attachment theorist, describing attachment as a lasting psychological connectedness between human beings (Bowlby, 1969, p. 194). He believed that the earliest bonds formed by children with their caregivers have a tremendous impact that continues throughout life. According to Bowlby, attachment also serves to keep the infant close to the mother, thus improving the childs chances of survival. The main theme of attachment theory is that mothers who are available and responsive to their infants needs to establish a sense of security. The infant knows that the caregiver is dependable, which creates a secure base for the child to then explore the world. So from a very early age children require eye contact and smiles. Also children need to hear language as this may comfort them or stop them from crying, this can be known as a distraction technique. When dealing with children its important to use your initiative, for example, if a child is crying, they may be tired or need feeding. Children enjoy listening to music and enjoy taking part in activitys that have an audio input, for example, According to, www.earlychildhoodeducation.co.uk, under how singing and music classes can benefit children, As a baby, hears the voices of its parents singing. Hearing songs, rhymes and simple rhythms can be very comforting for young children, especially when theyre feeling upset, irritated or tired out. It can help them relax and go to sleep, or music can be invigorating and exciting. By providing children with musical activities it will help them to thrive socially and increase their social development. As activitys like this encourage team work, for example, sharing. Children need to feel safe and secure around the people within their environment and their environment should be positive. This creates a foundation of which children can build on for social development. Children of this age have strong physical needs, Children need to be in an appropriate environment in which they will be allowed to grow and develop properly. For example, by experimenting and playing with different things both inside and outside of a setting. Children should be exposed to gross motor skills such as, running. And fine motor skills such as drawing and painting. Children that consume an unbalanced diet will be at risk of developing many problems. A balanced diet is important to maintain health and a sensible body weight. No single food will provide all the essential nutrients that the body needs to be healthy and function efficiently and properly. The nutritional value of a persons diet depends on the overall mixture, or balance, of food that is eaten over a period of time, as well as on the needs of the individual. A diet which includes a variety of different foods is most likely to provide all the essential nutrients. Children need energy for our bodies to function properly but the balance between carbohydrate, protein and fat must be right for us to remain healthy. Too much fat can lead to overweight, obesity and other serious health problems such as heart disease and cancer. Too little protein can lead to problems with growth and repair in the body. Eating sugary foods or drinks too often without appropriate dental hygiene can lead to po or dental health. We need enough vitamins, minerals and dietary fibre for health. A variety of different foods and particularly plenty of fruits and vegetables will help to ensure that we get the right mix. Research has shown that there are other naturally occurring substances in foods, particularly plant foods such as fruits and vegetables which are also beneficial to health. (School age children and youths, Nutrition notes) EYPs should know that children need a routine to be able to feel safe and secure; they need to know and feel that they know what is going on and that they are in control. Each child within my setting has a different routine, however I am familiar with all of them. For example, when a child cries they may need a bottle or they may just want or need a cuddle, (physical attention). When feeding a child it is important to make eating a fun thing to do, so it is good practice to smile and communicate with the children throughout. Children should be provided with sleep and rest as this will restore their energy within their bodies. Activities such as lullabys and storys should be provided to a child. As this will be a fun activity to be part of. When dealing with children, it is important to take into consideration all the areas of hygiene, for example, when changing a nappy, an apron and gloves should be worn and children should be cleaned with either cotton wool or wipes, or in some cases by bathing. When children get mucky during a day at my placement, for example, after an activity, dinner or tea. Children may need their clothes changing even though most children do wear bibs. Also within my setting we have alcohol gel that we use to make our hands clean and I make sure that I wash my hands throughout the day. As this will get rid of germs and therefore you will be more hygienic. Childrens emotional needs are to be cared for and to be loved and to be shown affection. Early years practitioners must, establish fair, respectful, trusting, supportive and constructive relationships with children. It is also important to communicate sensitively and effectively with children from birth to the end of the foundation stage. Children should be listened to, and EYPs should pay attention to what they say and value and respect their views. Early years practitioners must also demonstrate the positive values, attitudes and behaviour they expect from children. As this will help them grow and develop and help them achieve their goals. There are a whole range of recording methods that can be used when observing children it is important the correct method is used for the type of observation, for instance: a mapping observation can help record and monitor the childs attention span. But this observation must be recorded accurately and using the proper format. It is vital that when observing a child you do not make anything up, exaggerate a situation, be imprecise and that all information and recordings are accurate and true; this is why is is important that a supervisor signs the finished copy. Many settings use tick charts and check lists, this is good for monitoring the childs fine and gross motor skills and then linking them to the norms to then evaluate their needs or to find out activitys that may promote their skills. Tick charts work better if comments and evaluations are also used to bring them to life or when you link them to other observations that you have done. Observing children over a long period of time is a lovely way of both observing children and providing a structure for planning for individual children. This method works well with all age ranges and is popular with parents. The idea is that you carry out a short written observation, take a photograph if possible and then draw some conclusions about what you have seen. You also include some suggestions of what the childs next steps might be and ways in which they might be supported. A narrative observation includes noting down all of the childs language; this is good for recording and monitoring their language and social development. Event sample is good for attention span, behaviour or for looking at all of the different activitys that a child may take part in. A childs intellectual development can be monitored it includes noting down everything a child says and who they communicate with. It is important to have many methods of observation to be able to observe all of the childs skills and different areas of development. Children have a right to be observed and monitored to make sure that their development is at the right level. From observing we are able to see if there are any delays in development. Which in some cases, a doctor or other specialists would need to be informed and a child maybe taken in for tests or other procedures. After each observation, EYPs link the childs development to the norms of development; by doing this you could find out whether the child is behind, on the right level or in front of their years. We will also be able to see whether a child has hearing difficulties, which they would probably be told to go see a doctor and a doctor would recommend a place to go to or a treatment which a child may need. It is important that as an EYP we try and communicate with children and this is done by singing to a child, talking, asking them questions an d taking part in audio activitys, such as, nursery rhymes or singing activities. According to, ecrp.uiuc.edu, 2007, Children are unique and complex and thus often difficult to comprehend. And they do not readily engage us in dialogue in order to explain the reasons for their caprice as they explore the world that surrounds them. Yet, as practitioners it is important for us to know our children deeply, to flow with their currents, and to extend their nascent theories about how the world work. This can be done by observing and evaluation a childs needs.

Ginseng: Alternative Treatment for Menopausal Symptoms :: Medicine Medical Drugs Essays

Ginseng: Alternative Treatment for Menopausal Symptoms By the time women reach their late forties or early fifties, their ovaries begin producing less and less of the reproductive hormones estrogen and progesterone, resulting in the uncomfortable symptoms commonly known as menopause. During menopause, a woman will usually experience many symptoms which will greatly interfere with her quality of life - hot flashes, night sweats, vaginal dryness, mood swings, lack of concentration or irritability, and interrupted sleep. Once her menstrual cycle has completely ended, other bodily changes occur, such as thinning of the bones, often resulting in osteoporosis, and less pliant blood vessels, placing her at risk of heart disease. Many women turn to estrogen replacement therapy as a means of finding relief from the burden of menopausal symptoms because of its high efficacy and other beneficial properties. Estrogen replacement has been shown to significantly reduce the frequency of hot flashes, and patients receiving this treatment reported improved sleep quality and sense of well being. It has also been found to decrease sleep latency and increase REM sleep, thereby reducing insomnia and subsequent fatigue (Ginsburg, 1994). Although estrogen replacement has produced drastic improvement in women's menopausal hindrances, some women are ineligible or uncomfortable with the idea of taking hormones and opt for a natural solution - ginseng. Ginseng - the Natural Alternative Ginseng, the root of the Araliaceous plant, has been used for several thousand years in the Orient as a tonic and restorative. Pharmacological investigations by Western pharmaceutical firms, encouraged by the growing interest in herbal remedies in the West, show that ginseng acts as an adaptogen, meaning it can bring abnormal physiology into balance by helping the body increase resistance against noxious or stressful physical, chemical, or biological influences (Chong & Oberholzer, 1988). Ginseng's potential capacity to increase nonspecific resistance to various stressors is the reason it has been used as an alternative treatment for menopausal symptoms. It is important to remember that the effects of ginseng will vary different individuals depending on diet, lifestyle, exercise and other drugs. In other words, an individual's health and hormonal regulation will essentially determine the effects of ginseng (Bahrke & Morgan, 1994). It is possible for some individuals to respond to ginseng, while others will show no response at all. Ginseng and Hot Flashes Hot flashes are experienced by 60 - 85% of menopausal women and they may occur infrequently, or as frequently as 20 times a day (Ginsburg 1994).

Pat Buchanan :: History

Pat Buchanan Pat Buchanan is currently campaigning to become the Republican representative in the next U.S. Presidential election. He is credited with striking a chord amongst the main stream, blue collar sector of the country. This is because he has based his economic platform on common myths about free trade and how it is the cause of the economic problems in the U.S. His theme is that layoffs and the closing of American plants are the result of foreign companies and countries taking advantage of easy access into U.S. markets which, in his opinion, is not being reciprocated abroad. This is how he accounts for the current trade deficit that the U.S. is running with countries like Japan. Pat's economic platform regarding trade policy can be summarized as follows: * Impose a 10% tariff on Japanese imports and a 20% tariff on Chinese imports. This would generate, in his opinion, $20 billion in government revenue and reduce the trade deficit which could be reinvested into the American economy and help create tax cuts for small businesses. * Impose a social tariff on Third World manufactured goods to protect U.S. workers' wage rates from the foreign laborers who are paid a fraction of what their U.S. counterparts earn. He also resents that foreign companies do not have to adhere to the strict environmental, safety, and health standards that American firms do yet get free access to the U.S. market via GATT and NAFTA. It is evident that Pat Buchanan believes that trade deficits and trade with Third World countries are at the heart of what he perceives to be America's economic problems. He feels that through tariffs the burden of income taxes paid by U.S. workers and small businesses can be shifted onto consumers who purchase foreign goods. His underlying sentiment about his trade restrictive policies is, "This is our land; America is our country; the U.S. our market. We decide who enters here and who does not." The basis of international trade is that their are gains to be had from partaking in it. This was proven by David Ricardo, an economist in the early 19th century, who introduced the concept of comparative advantage. His theory stated that a country's "absolute advantage (overall productivity differences between countries) should be reflected in differences in income, whereas comparative advantage (variations in productivity differences by sector) will determine the pattern of international trade.

Dreams and Aspirations :: essays research papers

I have a dream†¦ you have a dream†¦ our nation has a dream†¦ our world has a dream. We all have a dream. We all have a dream, but the difference is how we realise our dream, how we obtain our dream, and how our dream changes us. This is evident in our learning of dreams and aspirations through the texts Flowers for Algernon by Daniel Keys, What’s Eating Gilbert Grape? by Lasse Hallstrà ¶m, and through my own studies of Million Dollar Baby by Clint Eastwood. These three highly acclaimed texts represent the same ideas on dreams and aspirations, which can be defined as hope, desire or the longing for a condition or achievement, but these texts express the same ideas differently, shaping our understanding of dreams and aspirations. â€Å"If you can imagine it you can create. If you can dream it, you can become it.† William Arthur Ward These three texts contain the search for dreams, whether they be absurd, simple, or take you on a journey. Throughout the texts, the protagonists realise their dreams, each represented in a different way. In Flowers for Algernon by Daniel Keys, Charlie’s dream is to be intelligent, not so that he can be normal, but so people will like him. Charlie knows that his retardation has cut him off from most of society, and has limited his ability to connect with people, but he does not mind. Charlie does not long to join society to increase his social standing; rather, he longs to join primarily because he is lonely. In Charlie’s mind, intelligence is the quality that will gain him entry into a world of friends. The resulting irony is that when Charlie does become incredibly intelligent, he finds himself even lonelier than before.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã¢â‚¬Å"I just want to be smart like other pepul so I can have lots of frends who like me.† progris riport 6th page 10 It is also Charlie’s innocence of his dream that allows him to be exploited. It is Professor Nemur that has allowed Charlie’s innocence to be vandalised through the operation, as Professor Nemur expresses his own motivations in comforting Charlie that he will be famous, and will make the history books. However, these are Professor Nemurs’ dreams not Charlies, and Nemur is only using Charlie to reach his dreams. â€Å"And he said that meens Im doing something grate for sience and Ill be famus and my name will go down in the books.

Textron Inc and Cessna 172

Textron Inc is a very critical company in the aeronautical industry, with operations in aircraft industry and finance all over the globe. The company runs its operations in four segments namely Cessna, Bell, Finance and Industrial. The Bell segment has the responsibility of manufacturing and supplying helicopters, tilt-rotor aircrafts and the other helicopter accessories like spare parts plus it offers services for commercial purposes and military applications.Bell segment also manufactures other products like precision weapons for use in both airborne and ground based surveillance systems, missile control, intelligence software, armored vehicles and turrets, and other machinery used in defense systems, aerospace and aviation industry. Cessna segment is charged with the responsibility of manufacturing the common aviation aircrafts like the single engine turboprops, business jets, and single engine piston aircraft plus offering the after sell services.The industrial segment is concern ed with making designs and manufacturing the blow molded systems and others blow molded accessories mainly for the automobile operations and manufacturing. It supplies camshafts for automobile industry and metal fuel fillers; it also supplies plastic containers for use in the industrial sector, laboratories and for domestic use. Blow molded fuel apparatus are for the land vehicles and watercraft use.Other products include hydraulics, industrial pumps, polymer machinery, and instruments for use in electrical industry, combustion engines and other related equipment. The financial segment finances the aircraft industry, offers asset based loans, distributes finance; finances golf, resort and structure capital. Textron supplies its products via distributors and sales representatives. Strategic Management Textron Inc was established in 1923 with the first operations in providence in Rhode Island.Strategic management in any business or other organizations describes the art of planning the operations and other performances at the highest possible level. This is the responsibilities of the company’s management and should focus on establishing a foundation and organization structure that will be executed by the collective effort of every individual employee of the company (Pearse & Robinson 2000). Textron Inc has a unique management strategy that covers the core aspects of management i. e.Business objectives, means of achieving the objectives and the resources required to make it happen. The company’s mission statement â€Å"to be the world leading provider of professional tool group by manufacturing high quality innovative products as required by client-driven blueprint and integrated supply chain superiority† explains its objective apart from making profits (Pearse & Robinson 2000). Corporate Management The management of the Textron Inc is very effective and committed to implementing their policies so as to meet the company as well as individual objectives.Currently, the organization is managed by a chairman who is also the president and the (CEO) chief executive officer. The president heads the management committee, international advisory council and the transformational management team. Currently Lewis B Campbell is the President of Textron inc. the strategic management plan is executed by allocation of several roles and taking responsibilities as well as working as a team.The president has revolutionized the performance of Textron Inc by reshaping its product portfolio, changing the operational goals and has managed to bring together the venture-wise synergies and thus achieving larger operation effectiveness (Fayerweather 2007). Textron Inc has a senior several vice presidents who take care of different roles as it will be shown in the text. The first vice president is the senior vice president for Textron Inc international and marketing operation.He is charged with the responsibility of research and execution internati onal devolvement opportunities for the company plus carrying out functional leadership sales and marketing on the international market. He is also a member of the transformational leadership team (Fayerweather 2007). The executive vice president and principal innovation officer is responsible for implementing and supervising the global technology center based in India; overseeing the engineering processes, information technology systems, Textron six sigma and establishing and executing proper distribution/integrated supply chains.Executive vice president is also a member of the Textron’s transformational leadership team as well as the management committee, which is a clear indication of teamwork and collective responsibility (Pearse & Robinson 2000). Corporate management in itself is a profession and needs someone to oversee the operations so that the management does not override their roles and the vice president business ethics and corporate secretary is responsible for all these (Pearse & Robinson 2000). He takes care of all the corporate secretarial roles and supervises compliance.The Executive vice president administration and prime human resources official is one of the vice presidents working for Textron inc and is responsible for supervising the international human resource operations, corporate real estate, offer administrative services and manages the company’s aviation department and community affairs. The executive vice president administration and human resources is a member of the management committee and transformational management team (Pearse & Robinson 2000).The vice president and chief information officer; this is one of the top management posts that are critical to Textron Inc and covers even the Textron’s information services. It is the responsibility of the vice president to guide the daily operations of the Textron information services (TIS); carrying out management duties of TIS as the executive, supervising the bus iness units plus working together with chief information officers (CIO’s); he is responsible for outsourcing relationships, supervising Textron’s information Management council as well as carry out the management role over Textron information technology (Fayerweather 2007).The financial segment of Textron is managed by its own president who is also the chief operating officer of Textron financial corporation (TFC). TFC is diversification strategy into the commercial sector and it’s a financial company with main operations in aircraft finance, resort finance, golf finance and other field described earlier under finance segment of Textron Inc (Fayerweather 2007). The president carries out the managerial roles supervising all the operations of TFC and serves as a member of Textron transformational leadership team.The vice president of mergers and acquisitions is in charge of supervising developmental activities and manage the venture expansion projects that include acquisitions, mergers and strategic partnerships and serves on Textron’s enterprise – wide Finance Council (Fayerweather 2007). The executive vice president and chief operation officer is in charge of supervising the manufacturing process in business units including the functioning of the corporation’s information technology, global sourcing duties and the six sigma.He also chairs the company’s Operating Committee and also a member of Management Committee and Transformational management Team. The vice president strategy and business development for Textron Inc has an obligation to work in collaboration with the senior management across the venture to create and implement business units plus coming up with corporate strategies for development, expansion, profitability and increasing return on investment (Pearse & Robinson 2000). The vice president here is also the corporate officer and a member of transformational leadership team.The vice president and de puty general counsel of Textron takes responsibility of corporate legal staff with key obligations of supervising all legal matters except court cases including mergers and acquisitions, compliance, anti-trust, corporate finance, government contracts and intellectual property (Textron 2009). The vice president Textron audit services reports to the audit committee of board of directors about all the internal audits in which he supervises their activities and also risk management process. The industrial segment is managed by a president and is divide in to four; E-Z-GO, Greenlee, Jacobsen and Kautex.All these divisions are run by presidents who are members of transformational leadership team. The Textron’s executive vice president supervises the strategic development, corporate functions; oversees international relationship and investor relations. Actually the management team of Textron is large with every segment having a president and several vice presidents; the following is a brief look at the remaining executive team members; vice president Textron six sigma is responsible for implementation of the project six sigma including Cessna Aircraft, E-Z-GO, and Bell helicopters (Fayerweather 2007).The vice president and treasure supervises the financial activities of the company, the international treasury dealings, and other related responsibilities. The Bell helicopters are managed by a president who is the chief executive officer and works closely with the executive vice president. This VP also takes the role of a general counsel. The vice president takes care of ethical and compliance issues as well as the safety and environmental operations. Cessna Aircraft Company is managed by a president who is the CEO (Fayerweather 2007). The vice president has the obligation to supervise global tax function.Kautex has a president who is also the CEO and a member of the transformational leadership team. Textron Systems Corporation is managed by the executive vice p resident and has eight business units, vice president investors relations who is also the company’s corporate officer is responsible for issuing the strategies and delivering financial presentation to investment and business community around the globe(Textron 2009). Jacobsen is managed by independent president who is also the CEO, he also responsible for the all operations in the golf, sports and ground care and equipment manufacture.The senior vice president and corporate controller report to the executive vice president (the chief financial official), and take the responsibility of supervising internal and external financial and accounting reports, plans and analyses. He is also responsible for spearheading transformations in financial activities (Textron 2009). The company has a board of directors committed to providing the strategic management supervision and international investment point of view while at the same time maintaining rigorous management principles on behalf on the investors.The Strategy The management of Textron is committed to fulfilling the objective of the company and to achieve its mission. The most crucial strategy is the enterprise management; this includes construction, organizing and leveraging world class performance abilities through a model based on customers’ design and requirements and processes (Textron 2009). The company is expanding by mergers and acquisitions, the major one being the acquisition of Cessna aircrafts. Product portfolio and portfolio management is another aspect critical to future successes.It includes identification, selection and acquisition of the correct mix for the businesses so as to attain the maximal performance through the ability of the management team (Textron 2009). In order to attain these, Textron aims to make clients successful, attract and develop talent plus implementing world class operations in production and through innovations. The major feature already in place include implem enting the correct supply chain technique, development of new technology like six sigma project and offering shared services. ConclusionTextron Inc is an international business merger that operates in four segments and manages other auxiliary business units that include Cessna aircraft, golf equipments, and Bell helicopters. Being a large conglomerate, Textron has seen the expansion of Cessna with innovations making it the largest aviation company on the planet. The major factor contributing to these successes is the creation of world class competencies. Textron is a multi-industry venture with very talented management that has maintained the correct mix of ventures.The company is currently improving its capability to acquire and incorporate other ventures to enhance competencies and improve shareholder value. References Fayerweather J. (2007). Management of International Operations. Text and Cases. McGraw – Hill. New York Pearse J. A & Robinson R. B (2000). Strategic Managem ent. Formulation, Implementation and Control. Irwin/McGraw – Hill. New York Textron Inc (2009) About Textron. NYSE (TXT) retrieved on 17th January 2009 from http://www. textron. com/about/company/vision_and_strategy/index.