Wednesday, August 26, 2020

Explosion In The British Petroleum Texas City Refinery Commerce Essay

Blast In The British Petroleum Texas City Refinery Commerce Essay The blast and flames occurrence in the British Petroleum Texas City treatment facility on 23 March, 2005 has been portrayed and audited in this task. Examination report uncovered that the occurrence happened during the startup of an isomerization (ISOM) process unit. It was accounted for that this episode brought about colossal effect on BP Company and its partners. The effect of the episode has been fundamentally recognized with the help of a few information. Fatalities and wounds on close by trailers, on location and offsite harm, post-episode crisis reaction, and monetary misfortunes were the significant outcomes of the blast. Reasons for the episode have been likewise analyzed so as to improve BP execution. Authoritative and process wellbeing lacking was the significant fault for the occurrence. Suggestions which may improve BP circumstance and help to maintain a strategic distance from perilous occurrence have been given all through the task. The enhancement for process security culture, hierarchical changes, for example, merger and procurement, spending cutting and workers preparing at all levels, just as the authorization of progressively compelling wellbeing the executives frameworks have been recommended to improve BP execution. Ultimately, a protected trailer arrangement strategy has been proposed to stay away from the danger of comparative occurrence. English Petroleum Company and Texas City Refinery Background The British Petroleum (BP) processing plant in Texas City, Texas is the third biggest petroleum treatment facility plant in the U.S. On Wednesday, 23 March 2005 at 1:20p.m, a blast and flames occurred at the BP treatment facility in Texas City, Texas, 30 miles southeast of Houston. The BP treatment facility in Texas City has the incredible effect on the general fuel gracefully in the U.S. This petroleum processing plant has the capacity to create around 10 million gallons of fuel for every day. This measure of creation makes up about 2.5% of the fuel sold in the U.S. Aside from creating gas, this BP processing plant likewise delivers diesel energizes, stream fills, and concoction feed stocks. There are 29 petroleum treatment facility units and 4 compound units spread its 1,200 section of land plant. In BP processing plant in Texas City, BP utilizes around 1,800 representatives. While the blast and terminates happened, around 800 temporary worker laborers were nearby conveying turnaro und exercises. The site has had a few changes in the executives at both the corporate and treatment facility stages from its charging to the date of the blast occurrence (Kaszniak Holmstrom, 2008; U.S Chemical Safety and Hazard Investigation Board (CSB), 2005). Occurrence Description On 23 March, 2005, blast and flames in BP Texas City treatment facility happened during the startup of an isomerization (ISOM) process unit (Figure 1). On that morning, the raffinate splitter pinnacle in the refinerys ISOM unit was restarted after it had been closed down for support. During the startup of an area of the ISOM unit, combustible fluid hydrocarbons were siphoned into a refining tower for over 3 hours with no fluid being expelled by activities specialist. This activity was contradicting to startup system guidelines. The bogus sign gave by control instrumentation and basic cautions neglected to alarm the administrator laborers of the significant level in the pinnacle. Subsequently, unidentified by the tasks specialist, the refining tower was stuffed and combustible fluid hydrocarbons flooded into the overhead channel at the highest point of the pinnacle (Kaszniak Holmstrom, 2008; U.S CSB, 2005). As the overhead channel loaded up with fluid hydrocarbons, the weight at the base rose quickly and brought about the three crisis alleviation valves which used to shield the pinnacle from high weight opened for six minutes. A huge amount of fluid hydrocarbons at that point spilled out of the release of wellbeing help valves to a blowdown drum with a vent stack open to the environment. The blowdown drum and stack expediently stuffed with combustible fluid hydrocarbons, which brought about spring like discharge out the 113-foot tall stacks (Figure 2) (Kaszniak Holmstrom, 2008; U.S CSB, 2005). As indicated by CSB last report (2005), this blowdown framework was a dangerous and obsolete structure. As the fluid hydrocarbons tumbled to the ground, a portion of the unstable fluid vanished to frame a combustible fume cloud. The blast and flames happened when the combustible fume cloud was lighted undoubtedly by a sitting diesel truck situated roughly 25 feet from the blowdown drum. The fume c loud showed up at a wide region which is obvious by the consumed territory as appeared in Figure 3 (U.S CSB, 2005). Figure 1. Raffinate segment of isomerization ISOM process unit (U.S CSB, 2005) Figure 2. Raffinate splitter pinnacle overloads and blowdown drum discharges combustible fluid hydrocarbons to the environment (U.S CSB, 2005) Figure 3. A post-blast photograph shows the consumed territory in and around the ISOM unit had the most serious fire harm while the red bolt focuses to the highest point of the blowdown stack (U.S CSB, 2005). Reasons for Incident There are a few key discoveries as the reasons for this occurrence happened in BP Texas City treatment facility after an examination was led by BPs examination group which facilitated with CSB, the U.S Environmental Protection Agency (EPA), Occupational Safety and Health Administration (OSHA), and the Texas Commission of Environmental Quality (TCEQ). The reasons for the episodes are summed up as underneath, The BP directorate didn't propose viable wellbeing society and significant mishap anticipation programs. There were no part responsible for estimating and confirming the presentation of BPs significant mishap peril preventive projects (U.S CSB, 2005). Hazard visual impairment (The Economists, 2006). For example, BP didn't take successful activities to end the developing danger of a cataclysmic occasion albeit a few fatalities happened in BP Texas City processing plant before this episode (U.S CSB, 2005). BP was an excessive amount of concentrated on the low close to home injury rate at Texas City while the procedure wellbeing the board and security culture had serious deficiency (U.S CSB, 2005) Insufficient in BPs mechanical trustworthiness program. This prompted the disappointment of the procedure unit in BP Texas City processing plant (U.S CSB, 2005). Exuberant cost-cutting systems (Economist, 2006; Marketline, 2007a; U.S CSB, 2005). As per CSB last report (2005), BP Group official directors had costs cuts in the 6 years bringing about the Texas City calamity without estimating their effect on wellbeing of the site (Economist, 2007; Process Engineering, 2007). The blowdown drum and the help valve removal funneling were modest and the alleviation valve framework security study was 13 years past due (Process Engineering, 2007; US CSB, 2005). ISOM administrators had been overstretched (Economist, 2007; US CSB, 2005). Lacking in BPs administrator preparing program (US. CSB, 2005). Effect of Incident on BP Company and its Stakeholders Blast and flames in BP Texas City processing plant brought about a few negative impacts on BP Company and its partners. Those impacts incorporate setbacks and wounds, office and hardware harm, offsite harm, post-episode crisis reaction and monetary misfortunes (US CSB, 2005). Partners of BP who had been influenced by this occurrence were as underneath, BP Company and its workers Workers of contracting firms which incorporate Jacobs Engineering Group (J.E. Legitimacy), Fluor Corp. also, General Electric Co. Groups of dead casualties and harmed laborers in this occurrence Texas people group Texas City BP investors The U.S residents who utilize unrefined petroleum Losses and wounds In the occurrence, it was accounted for that 15 agreement workers of J.E. Legitimacy, Fluor Corp. also, General Electric Co. were executed and an aggregate of 180 workers in the processing plant were harmed (U.S CSB, 2005). Examination report uncovered that those 15 losses were because of the blasts sway on the close by impermanent office trailers where representatives were having gatherings. Of the 15 setbacks, 11 of them were representatives of Jacobs, Pasadena, Calif, which was temporary worker in BPs Texas City treatment facility. The 11 dead Jacobs laborers incorporate a few directors, chairmen and 4 female art laborers. 3 of the casualties were representatives of Fluor, Aliso Viejo, Calif, was contractual worker given support the board administrations at the plant since 2001. The rest of the temporary worker casualty was representative of General Electric Co. while no BP worker was murdered in the occurrence. Obtuse power injury, which in all probability coming about because of being hit by basic parts of the trailers was the reason for the each of the 15 losses. During the occurrence, there were roughly 2,200 agreement representatives and 1,100 BP workers working at the processing plant. Table 1 shows the subtleties of the 15 dead contractual worker representatives (Powers Rubin, 2005; US CSB, 2005). Organization Name Age Position J.E Merit Glenn V. Bolton 50 Organizer scheduler J.E Merit Lorena Lori G. Cruz 32 Instrument fitter-assistant J.E Merit Morris R. Lord 57 Development supervisor J.E Merit Arthur G. Ramos 59 Quality control specialist J.E Merit Ryan Rodriquez 28 Specialty administrator J.E Merit James W. Rowe 48 Common director J.E Merit Linda M. Rowe 47 Apparatus room right hand J.E Merit Kimberly A. Smith 43 Field manager J.E Merit Susan D. Taylor 33 Channel fitter partner J.E Merit Larry S. Thomas 63 Undertaking administrator J.E Merit Eugene White 53 Wellbeing director Fluor Corp. Rafael Herrera 27 Quality control assessor Fluor Corp. Daniel Hogan 58 Quality control assessor Fluor Corp. Jimmy Hunnings 58 Quality control assessor General Electric Co. Larry Linsenbardt 58 Title not uncovered Table 1. Contractual worker representatives who kicked the bucket in the episode (Powers Rubin, 2005) Moreover, 180 workers at the plant were harmed, 66 of the casualties had genuine wounds and the vast majority of them were endured different wounds. It was accounted for that cuts, breaks, hyper-extends, strains, punctures and second-and severe singeing were the run of the mill blend of in

Saturday, August 22, 2020

Carseat Safety Essay Example for Free

Carseat Safety Essay Each accomplishment in your child’s life is exciting! Initial steps, first words, and even the principal day of school (less the tears). Indeed, even vehicle seat achievements can appear to be energizing. Actually, they ought to be taken a gander at with a specific feeling of dread, not want. Each progression in a vehicle seat â€Å"progression† is really a stage down in your child’s wellbeing. Back confronting is a whole lot more secure than front aligned. There are numerous articles that talk about the reasons why your youngsters ought to stay back looking for the primary entire year and 20 pounds. A large number of these equivalent articles talk about that results of injury drop significantly after the primary year of life. Notwithstanding, it doesn't express that there are no outcomes. The outcomes may never again be passing from a totally cut off spinal string, yet just deep rooted injury, including total loss of motion. Research considers recommend that until youngsters are in any event four years old, they are powerless in withstanding crash powers just as grown-ups; from now on they ought to stay back confronting. In an accident, extreme or dangerous wounds are commonly constrained to the head and neck, on account of a kid being in a bridled seat. At the point when a kid is in a front aligned seat, there is an unbelievable measure of pressure put on the child’s neck, which must keep the enormous head down. A little child’s neck maintains extraordinary measures of power in an accident. The ties keep the body down while the head is tossed forward, which can break the spinal rope. Additionally, the child’s head is at a more serious hazard in a front aligned seat also. In an accident, the head is tossed outside the limits of the situate and can reach different travelers or interrupting objects. Back confronting seats make a phenomenal showing of ensuring youngsters just in light of the fact that there is almost no power applied to the head, neck, and spine. At the point when a youngster is in a back confronting seat, the head, neck and spine are totally kept completely adjusted and the kid is permitted to ride down the accident while the rear of the kid seat assimilates the greater part of the accident power. The child’s head is contained inside the seat, and the youngster is should more averse to come into contact with whatever may cause head injury.

Friday, August 21, 2020

Important Information about your Financial Aid Application

Important Information about your Financial Aid Application Hi all, Many of you have already filed your application for Financial Aid and thats great! Applications are handled through the Student Financial Services office (SFS). If you have questions, you should use this email: [emailprotected] or call 617-258-8600. Admissions officers wont be answering questions about financial aid on this post because well be in committee making decisions about Regular Action applicants and the comments will be closed. But we did want you to know a few things: You can now track the status of your financial aid application by logging in to MyMIT. Students who have completed their applications by February 15th will receive their financial aid awards shortly after Regular Action admission decisions are made in mid-March. You can still apply for aid after February 15th and it will not hurt your chances of receiving aid, but SFS cannot guarantee that they will have your award processed before May 1st. Applications are read in the order they are completed so the earlier your application is completed, the earlier you will have your financial aid award. If your family has special circumstances or unusual expenses, or you have other information that will help SFS understand your financial situation more completely, please send a letter detailing that information to: Massachusetts Institute of Technology Student Financial Services Room 11-120 77 Massachusetts Avenue Cambridge, MA 02139 Fax: 617-253-9859 Remember, January through April is peak financial aid application time so please be aware that it can take up to two weeks for the SFS office to receive and process your FAFSA or Profile applications. It can also take up to two weeks to process any documentation received by SFS. Please do not send documents multiple times! Heres a list of Financial Aid Deadlines Required Documents on our site that may be helpful.

Sunday, May 24, 2020

Determining Outliers in Statistics

Outliers are data values that differ greatly from the majority of a set of data. These values fall outside of an overall trend that is present in the data.  A careful examination of a set of data to look for outliers causes some difficulty. Although it is easy to see, possibly by use of a stemplot, that some values differ from the rest of the data, how much different does the value have to be to be considered an outlier?  We will look at a specific measurement that will give us an objective standard of what constitutes an outlier. Interquartile Range The interquartile range is what we can use to determine if an extreme value is indeed an outlier. The interquartile range is based upon part of the five-number summary of a data set, namely the first quartile and the third quartile. The calculation of the interquartile range involves a single arithmetic operation. All that we have to do to find the interquartile range is to subtract the first quartile from the third quartile. The resulting difference tells us how spread out the middle half of our data is. Determining Outliers Multiplying the interquartile range (IQR) by 1.5 will give us a way to determine whether a certain value is an outlier. If we subtract 1.5 x IQR from the first quartile, any data values that are less than this number are considered outliers. Similarly, if we add 1.5 x IQR to the third quartile, any data values that are greater than this number are considered outliers. Strong Outliers Some outliers show extreme deviation from the rest of a data set. In these cases we can take the steps from above, changing only the number that we multiply the IQR by, and define a certain type of outlier. If we subtract 3.0 x IQR from the first quartile, any point that is below this number is called a strong outlier. In the same way, the addition of 3.0 x IQR to the third quartile allows us to define strong outliers by looking at points which are greater than this number. Weak Outliers Besides strong outliers, there is another category for outliers. If a data value is an outlier, but not a strong outlier, then we say that the value is a weak outlier. We will look at these concepts by exploring a few examples. Example 1 First, suppose that we have the data set {1, 2, 2, 3, 3, 4, 5, 5, 9}. The number 9 certainly looks like it could be an outlier. It is much greater than any other value from the rest of the set. To objectively determine if 9 is an outlier, we use the above methods. The first quartile is 2 and the third quartile is 5, which means that the interquartile range is 3. We multiply the interquartile range by 1.5, obtaining 4.5, and then add this number to the third quartile. The result, 9.5, is greater than any of our data values. Therefore there are no outliers. Example 2 Now we look at the same data set as before, with the exception that the largest value is 10 rather than 9: {1, 2, 2, 3, 3, 4, 5, 5, 10}. The first quartile, third quartile, and interquartile range are identical to example 1. When we add 1.5 x IQR 4.5 to the third quartile, the sum is 9.5. Since 10 is greater than 9.5 it is considered an outlier. Is 10 a strong or weak outlier? For this, we need to look at 3 x IQR 9. When we add 9 to the third quartile, we end up with a sum of 14. Since 10 is not greater than 14, it is not a strong outlier. Thus we conclude that 10 is a weak outlier. Reasons for Identifying Outliers We always need to be on the lookout for outliers. Sometimes they are caused by an error. Other times outliers indicate the presence of a previously unknown phenomenon. Another reason that we need to be diligent about checking for outliers is because of all the descriptive statistics that are sensitive to outliers. The mean, standard deviation and correlation coefficient for paired data are just a few of these types of statistics.

Wednesday, May 6, 2020

Effects Of Alcohol Abuse And Alcoholism - 1446 Words

When entering the field of social work, a person should understand the effects of alcohol, not only on an individual, but also the effects on the families. Alcohol is one of the many substances that people use and abuse. Since alcohol is legal for any one over the age of twenty-one, many people begin drinking and then develop an addiction to the substance (Goldberg, 2016). Alcoholism effects people of all ages, background, social status, or ethnic group (National Institute on Drug Abuse, 2016). A social worker should understand how to assess and intervene families who are struggling with alcohol addiction in a way that is both ethical and culturally competent (National Institute on Alcohol Abuse and Alcoholism, 2005). The main goal for a social worker is to promote well-being and help provide the basic needs of all people (National Association of Social Workers, 2008). To begin, a social worker must first assess the situation that is before them and collect as much information as pos sible. Several questions need to be asked to either the family or the person who has alcoholism. For example, on average, how many days a week does the person consume alcohol? On those days, how many alcoholic beverages are consumed? In the last thirty days how many times have you had more than four alcoholic beverages? These questions need to be asked first because a social worker needs to know how severe the problem is (National Institute on Alcohol Abuse and Alcoholism, 2005). In some casesShow MoreRelatedAlcoholism : A Growing Problem1468 Words   |  6 PagesAlcoholism Alcoholism is a growing problem in today s society. What is alcoholism? Is it a disease? What are the causes of it? What toll does alcohol abuse have on individuals? American society? American economy? What kind of treatments are available to reduce/cure alcoholism? What is alcoholism? Alcoholism is a physical or psychological need for an alcoholic beverage, which is taken for non-medical reasons and produces a noticeable effect on the body (Sheen 93). People develop the need for alcoholRead MoreEffects of Alcoholism on the Human Health and Social Life837 Words   |  3 PagesTitle Effects of alcoholism on the human health and social life General purpose/objective The speech is aimed at highlighting the negative effects that excessive intake of alcohol and habitual alcoholism can have on the social aspects of a person and the health repercussions of the aforementioned behavior. The content of the speech is largely informative and in very small part persuasive for people to reconsider their drinking habits. Specific purpose The specific objective of the speech isRead MoreAlcoholism Outline809 Words   |  4 PagesTopic: ALCOHOLISM Objective: To be able to discuss about Alcoholism. Outline: I.   Classification and terminology of Alcoholism A. Etymology II. History of Alcohol III. Signs and symptoms B.   Symptoms of long term alcohol misuse 1. Physical symptoms 2. Psychiatric symptoms 3.   Social effects C. Alcohol withdrawal IV. Causes of Alcoholism D. Genetic variation V. Pathophysiology VI. Diagnosis of Alcoholism Read MoreCauses and Effects of Alcohol Abuse955 Words   |  4 Pages Alcoholism is the excessive and usually uncontrollable use of alcoholic drinks. There are many symptoms, complications, treatments and ways of prevention for alcoholism. Certain groups of people may be at a greater risk than others for several different reasons. There are numerous factors in why people may become addicted. Usually, a variety of factors contribute to the development of alcoholism. Social factors such as the influence of peers, family, society, the availability of alcohol, mentalRead MoreAlcoholism : Alcoholism And Drug Dependence1054 Words   |  5 PagesAlcoholism is a problem affecting millions of families around the world. Based on the National Council on Alcoholism and Drug Dependence Inc., Alcoholism is considered a family disease due to the amount of stress that family members go through (NCADD, 2016). Alcoholism is an addiction that requires treatment and support from family membe rs and friends. It is important, to understand the effects that alcoholism can bring to the alcoholic and to the family members. Some of these effects cause healthRead MoreThe Effects of Alcohol Abuse1472 Words   |  6 Pagesdoing things they should not. Alcohol is one of those things. Alcohol is extremely easy to get ahold of. It can be attained from anywhere; there are bars and liquor stores on every corner. One can get alcohol in grocery stores, gas stations, people can even brew it themselves if they know how. Alcohol that is commonly abused comes in a large variety ranging from weaker alcohols like wine and beer to stronger substances like tequila and vodka. When one abuses alcohol it taints the minds of even theRead MoreAlcoholism should be banned772 Words   |  4 PagesTASK 1 Topic: Alcohol consumption should be banned. Argue for or against the statement. Argument For Topic sentence: Alcohol consumption should be banned Supporting ideas: 1. Effects of alcohol abuse in your body 2. How does alcohol affect family life’s 3. The effects of drinking and driving Task 2 Rough draft In my personal opinion I am in favour of alcohol being banned. I am a victim of alcoholic parents , so I can relate to the difficulties that I was faced withRead MoreWhat are the Causes of Alcholism and How Can We Prevent It? Essay1083 Words   |  5 PagesThroughout history alcohol has been a common drink in social and celebration environments. However in today’s society it is easily accessible, very cheap, and advertised on every channel available. Alcohol has taken over our society, from teenagers to seniors, everyone is exposed to the culture of drinking. That is not the issue though, the issue is in today’s society gluttony is a common virtue and many people take drinking beyond social and celebration environments. Many Americans suffer from aRead MoreAlcoholism and Alcohol Abuse1082 Words   |  5 Pagesan addiction to alcohol. This drug can be a mild to chronic addiction and sometimes can turn out fatal for some people (Chakraburtty). Almost 100,000 people have died from overusing this drug (Chakraburtty). Alcoholism and alcohol abuse is not only damaging emotionally, physically, and mentally to the person who is doing it, but to the people around them as well. Both alcoholism and alcohol abuse are each categorized as different cases. Alcohol abuse is different from alcoholism because people whoRead MoreSoc 203 social problems1286 Words   |  6 Pagesï » ¿ Alcoholism: A Social Problem I. Introduction Alcoholism is a major social problem that not only has an impact on the life of an alcoholic, but family members as well as society. Alcoholism is the third most common mental illness that affects more than 17 million people in the United States according to the National Institute of Alcohol Abuse. Alcoholism does not discriminate against age, race nor gender. II. Scope Alcoholism is defined as a disorder

Tuesday, May 5, 2020

Global Business Maintaining Sustainability

Question: Discuss about theGlobal Business for Maintaining Sustainability. Answer: Introduction: Globalization is a trend that is adopted by domestic companies for maintaining sustainability and expansion of business operations in foreign markets. The essay focuses on various drivers of globalization that will encourage local businesses of different countries to spread their reach in the global market. However, the adaptation of globalization is a challenging task for small, medium enterprises. Decisions regarding expansion are to be taken after conducting an extensive market research on different aspects of the target foreign market. Apart from that, two economic theories of absolute advantage and comparative advantage are explained in the perspective of companies expansion in international markets. The thesis statement of the essay is to describe globalization as a growth factor for domestic businesses in the light of comparative and absolute advantage theories. Both the topics of globalization and the economic theories are related with one another in the sphere of business ex pansion of domestic companies. With the increase of competition in the market, the economic outlook of different countries is blurring. It leads to a looming squeeze in the prospect of business in various sectors. Markets are becoming competitive with slowing growth, shortages of right talents and complexity in operational activities. Domestic companies of different countries are facing many challenges for sustaining in the competitive market. Globalization is the process where companies start operating their business operations on a global scale (Liang, Ren and Sun, 2015). There are different types of globalization such as economic, cultural, political, and environmental globalization. However, domestic companies operate in economic globalization usually to enter into a new market. The increase of competition in the market pushes companies for becoming global. Economic globalization trends are accounted in developed economies with the integration of lower developed economies (Vahlne and Ivarsson, 2014). It happen s to foreign direct investment and reduction in economic reforms, trade barriers, and immigration. The government of many countries provides scope to many companies for doing business in their countries. Glocalization is another concept related to globalization. Glocalization means adopting local flavors in the target market. Domestic companies conduct their business on the considerations of both local and global level. However, the adaptation of these two concepts will help national companies for achieving maximum profit and brand awareness in the market. For instance, McDonalds is an American fast food retail chain that operates in almost 119 countries around the world. The first store of the company was opened in the United States of America. Slowly, adopting various strategies of glocalization in international businesses, McDonalds has started operating on a global scale. In the first phase of its expansion, the company chooses globalization policies. However, soft drinks, fast food restaurants have permissions in operating their business in almost all countries (Zaman, Selim and Joarder, 2013). There are many organizations such as aircraft manufacturing companies do not have permissions to spread their business in particular countries. Alphapharm is an Australian based pharmaceutical company. The enterprise has its dominance in many parts of Australia. However, it is operating over 50 countries across the world. This company also adopted globalization for earning more revenue. A domestic company steps into international markets due to many reasons such as saturation of the national market, expansion of business, increase of brand awareness, etc. Alphapharm caters medicines to many countries based on the customer needs (Moir, 2015). Variations of marketing strategies are required to mitigate the needs of the clients in the target market. In economics, absolute advantage and comparative advantage are the theories that firms apply during the time of internalization. The two ideas are related to the concept of globalization. Adam Smith proposes absolute advantage theory in the perspective of international trade. The theory of absolute advantage suggests the capacity of a country or a firm to produce the maximum amount of product or service using the same amount of raw materials and resources (Levchenko and Zhang, 2016). The model considers labor as an input. Labour productiveness is determined by using simple comparisons in the theory of absolute advantage. Since the theory only considers labor productivity; a country can achieve zero absolute advantage while operating in a foreign market. According to Adam Smith, the wealth of a country depends on the amount of resources available in the country including the gold reserves of a country (McGrath, 2013). If a company is enjoying absolute advantage, then it will run in pr ofit in its international operations. On the other hand, if a company has zero absolute advantage, then the company is not able to make any trade with another party in the new target market. For instance, a company operating in England requires 50 hours of labor work to produce a single unit of cloth. However, in Portugal, another company requires 80 hours of work to manufacture the same amount of material. Then it can be said that the enterprise of England has a greater competitive advantage than the enterprise of Portugal. The comparative advantage of economics is a theory that refers to the productivity of a firm at a lower opportunity cost and lower marginal costs. Many factors influence comparative advantage of companies or countries such as technological aspect, political conditions, etc. David Ricardo proposes the theory of comparative advantage. According to David, comparative advantage is more helpful regarding international trade when compared to absolute advantage. Input cost is a vital aspect in manufacturing goods in the global market (Irwin, 2015). If the cost of production rises, then the company will not be able to generate a substantial amount of profit in the market. Companies must not compare the costs of resources and commercial production costs. Instead of it, businesses can compare opportunity costs among different countries. The concept of free trade is related to the theory of comparative advantage (Paliwoda and Thomas, 2013). Under the free trade, the company having a greater com petitive advantage can produce more amounts of products along with consuming lesser amount of products. The two theories of an economy are related to each other but have many differences. Comparative advantage Absolute Advantage Comparative advantage means a varied level of opportunity costs. Absolute advantage means differences in the level of productivity of firms or nations. Comparative advantage includes opportunity costs. Absolute advantage considers labor as an input. A company having greater absolute advantage may not have a greater comparative advantage (Buera and Kaboski, 2012). Firms or countries having more significant comparative advantage have the possibility of having the greater absolute advantage also. Comparative advantage is followed by most of the companies in the world while less number of businesses follows absolute advantage theory. In absolute advantage theory, mutual beneficial of trade is not a possibility whereas trade is mutually benefitted in the theory of comparative advantage (Huxham and Vangen, 2013). Comparative advantage consists of the production output of the same category of products between two countries. On the contrary, absolute advantage refers to more amount of goods using the same amount of resources and materials in an efficient way. Comparative advantages related with the overall techniques of manufacturing goods within a stipulated period (Cuat and Melitz, 2012). Absolute advantage is concerned with the production of multiple products or services. Opportunity cost is involved in the theory of comparative advantage. Labor cost intervenes in absolute advantage. Apart from having advantages, there are some limitations of these theories. Both the approaches are feasible for two countries, firms, and goods. The two theories are not possible for a large number of products and countries. When the economies of two countries are at same level, only when these principles can be implemented. The employment structure of a country may have a direct impact on determining absolute advantage of a state that is a restraint factor. In the sphere of comparative advantage, the opportunity cost is a common factor that varied at a different level (Kapoor and Adner, 2012). The cost of transport is the reason of outweighing any types of comparative advantage. Restrictions of government and regulations can restrict businesses and trade in an international scale. It can hinder the implementation of economic theories by firms or countries. Diseconomies of scale are the cause of increased specialization of products by countries or enterprises. Another limitation of comparative advantage is it does not measure dynamic advantage i.e. future scope of the country. It only measures static advantage of the firm. The essay describes various concepts of globalization and different economic theories of international trade. It also fosters the thesis statement that is mentioned above. Along with globalization, the idea of glocalization is also described. Specific examples are provided in the study that illustrates the domestic companies' reason for adoption of international strategies. Apart from that, advantages and disadvantages of both comparative and absolute advantage in the practical field are demonstrated by providing proper examples. Local companies on internalization choose different types of globalization approaches. Among the various methods, economic approach is the most suitable approach that considers many factors of globalization. Relation of the two theories of economics along with the limitations is explained in a detailed manner in the essay. National companies following the above three concepts of international trade certainly earn huge revenue in its business operations in th e target market. References Buera, F.J. and Kaboski, J., 2012. The rise of the service economy.The American Economic Review,102(6), pp.2540-2569. Cuat, A. and Melitz, M.J., 2012. Volatility, labor market flexibility, and the pattern of comparative advantage.Journal of the European Economic Association,10(2), pp.225-254. Huxham, C. and Vangen, S., 2013.Managing to collaborate: The theory and practice of collaborative advantage. Routledge. Irwin, D.A., 2015.Free trade under fire. Princeton University Press. Kapoor, R. and Adner, R., 2012. What firms make vs. what they know: how firms' production and knowledge boundaries affect competitive advantage in the face of technological change.Organization Science,23(5), pp.1227-1248. Levchenko, A.A. and Zhang, J., 2016. The evolution of comparative advantage: Measurement and welfare implications.Journal of Monetary Economics,78, pp.96-111. Liang, H., Ren, B. and Sun, S.L., 2015. An anatomy of state control in the globalization of state-owned enterprises.Journal of International Business Studies,46(2), pp.223-240. McGrath, R.G., 2013.The end of competitive advantage: How to keep your strategy moving as fast as your business. Harvard Business Review Press. Moir, H.V., 2015. The patent price of market access in the AUSFTA.Australian Journal of International Affairs,69(5), pp.559-576. Paliwoda, S. and Thomas, M., 2013.International marketing. Routledge. Vahlne, J.E. and Ivarsson, I., 2014. The globalization of Swedish MNEs: Empirical evidence and theoretical explanations.Journal of International Business Studies,45(3), pp.227-247. Zaman, S., Selim, N. and Joarder, T., 2013. McDonaldization without a McDonald's: Globalization and Food Culture As Social Determinants of Health in Urban Bangladesh.Food, Culture Society,16(4), pp.551-568.

Friday, April 3, 2020

A Childs Promise.

A Childs Promise. This Friday night seemed just like any other with Mom and I lounging on the sofa watching the Grand Ole Opry. I could feel the joy that the Opry brought to my mom just by the look in her eyes as she watched, listened, and sometimes sang. Well she hummed more than she sang but that was my mom's way of singing. As we watched her eyes would glow. Sometimes I would see a sparkle. As I watched her I knew what I had to do. I hugged my mom and said "Mother, when I'm all grown up I'm going to take you there". Mom hugged me in return and said, "I'm sure that you will".As I started dinner, I turned the radio on and to my surprise the station was doing a special on The Grand Ole Opry. This brought my childhood memories roaring back. The Grand Ole Opry played on the radio in the kitchen every evening as Mom cooked dinner.English: Grand Ole Opry House, in Nashville, TN. T...She would hum and I would ask her to dance (as I had seen my father do). She would accept, especially if it were a slow song . Mom said that when it came to fast dancing she was afraid that she would break something and that with nine children she needed every thing she had to keep up with us. We would dance and at the end I would bow and say "thank you madam", she would courtesy and off I would go. Then I remembered the promise that I had made to her so many years before. I had a plan.The following morning at work I put in for a week of vacation. Next came the wait for the approval. One day turned into the next, the next into the following. I...

Sunday, March 8, 2020

Representation of gender in Wong Kar Wais movies Essay Example

Representation of gender in Wong Kar Wais movies Essay Example Representation of gender in Wong Kar Wais movies Paper Representation of gender in Wong Kar Wais movies Paper Essay Topic: Film Men, who are masculine, physically strong, aggressive, intellectual, active, in dependent, production and rational; Women, who are feminine, weak, submissive, passive, dependent, consumption and emotional. Such gender stereotypes of male and female had deeply rooted in our society and had became a hegemonic definitions between men and women. The hegemonic definitions of Men and Women are more explicit in movies. There are traditional gender roles in movies, especially in main-stream commercial movies, male characters are usually strong, powerful, tough, dominate (female) and heroic; while female characters are usually being- rotected, weak, femme fatale and desire for love and romantic. These traditional gender representations on screen have been generally accepted / accustomed by audiences. Hence, producers and directors tend to follow the gender stereotypes of male and female, no matter they are producing / directing a rom-com, martial film, tragedy or cop-robber film. In this article, Im going to look into Wong Kar Wais movies, which categorized as alternative, and find out hows the differences and similarities in gender representation between his film and other commercial, main- stream movies. Firstly, I want to state some similarities in gender representation between Wongs movies and main-stream movies. Something very interesting is women are always femme-fatale in Wongs movies. Maybe they have no intention to make troubles, but hey are really mentally / physically destructive to men in his movies. For example, in the movie Fallen Angels, the female agent (Michelle Reis) employed by the hired killer Wong Chi Ming (Leon Lai) is obviously a femme-fatale to himself. In the movie, the killer tried avoid to meet or even have connection with his agent because e thinks they could no longer to keep on their partnership if theres any relationship or friendship between them. The agent played by Michelle Reis is totally invisible in the killers life. Before killer Wong Chi Ming meet his agent, he completes every mission assigned by her excellently. However, once the killer meet his beautiful female agent, death comes and knock his door. Hes attracted by his agent and want to terminate his business relationship with the agent. She asks him to kill someone as a parting favor, but Wong Chi Ming turns the hit into a suicide mission and died. Perhaps the pretty agent doesnt mean to make her partner die, but she is obviously a femme fatale in Wong Chi Mings destiny. Other than Fallen Angels, women also acted as femme fatale or trouble-maker in his movies. For example, in the 2 stories of ChungKing Express, 2 cops are lost themselves and deeply hurt after dumped by their girlfriends. In this film, both of the cops 223 (Takeshi Kaneshiro) and 633 (Tony Leung) fell into lovesick after broke up. Cop 223 became a man without his soul and started to addict to canned-pineapples after his girlfriend left. He was hurt by his ex-girlfriend and even cannot thinking logically. He drunk himself, call his old classmates with no reason, run in the rain, meet stranger in bar all of this action mean he has got troubles in his mind and these troubles was caused by his girlfriend. In the second part of the film, Cop 633 also hurt by his girl, he started to talk with Dolls, towel, soap etc. n his house, he lost his sense and just like Cop 223, many crazy thinking blow up in his mind. In this film, women play the role of trouble- maker again that make 2 men become the victim in love and suffer from lovesick caused by women. In Happy Together, a love story about 2 men, we can also see the emme fatale, troublemaker image of women. There is heres no female character in this film, howe ver, Ho Po Wing (Leslie Cheung) is playing the female role in the romance between Lai Yiu Fai and him. In this film, we can see Ho Po Wing is totally rely on his boyfriend Lai Yiu Fai and caused a lot of troubles to him. Ho spent all of Lais money that Lai cannot return to Hong Kong. Ho betrays Lai in love again and again. In the early part of the film, Ho and Lai failed to go Iguazu Fall and lost their way due to Ho Po Wings mistakes. However, in the late part, after Ho left Lai, Lai Yiu Fai travel to Iguazu Fall alone and he could arrive the Fall at last. If you compare this 2 scene, you would find that female played the role of troublemaker again. Except the image of femme fatale, something in Wong Kar Wais films is quite similar to those main-stream movies. That is women are always act as homemakers or helpers for men. In Fallen Angel, killer Wong Chi Mings female agent find business for him and make decision for him. She decides who will be killed, how, where and when. She also go to his apartment and do housework for him when hes not there. In Chungking Express, Faye (Faye Wong) get the key of Cop 633s partment and break into 633s flat while hes away. She cleans 633s flat and redecorated with new bedspreads, new clothes, new toiletries, new food. Faye even drugs 633s bottled water to make sure he gets to sleep. Both killers agent and Faye are playing the tradition role of women as homemaker and helper for men. However, they are doing these works for non-traditional purposes. Traditionally, women are stereotyped as housewives. They do housework and other things for men just because of responsible. But both the killers agent and Faye are not clean and decorate their mens flats because they have to act like housewives. They do housework for men in the purposes of fulfil their suspicions and satisfying themselves rather than acquiescing to the role of the stereotypical homemaker and be a home maid for men. Other than the those similarities mentioned above, we can find some differences in gender representation between Wong Kar Wais films and other main-stream movies. One of those differences is the representation of men. In Wong Kar Wais films, men are no hero or even weak behind their muscular body. In Fallen Angels, killer Wong Chi Ming claims to have become a contract killer because he is lazy and likes to ave others make decisions for him, so he is not presented as a hero. We never know why any of Chi-Mings victims are marked for death, he takes others life because its his job. He kills people just because he completes his duty, like post officer deliver letters, but no relation to any sense of heroism. Moreover, Wong Chi Ming fails to complete his mission and being shot down at last. The scene of Wong killed in action is totally violate to the tradition of heroism that hero are never defeated. So, Wong Chi Ming is not hero but a normal person like you and me. In Chungking Express, weakness of men is more clearly shown. Both 223 and 633 are Cop and they are traditionally supposed to physically and also mentally strong. However, we cant see Cop 223 and 633 act like hero to stop crimes and maintain law and order in the movie. Instead, we can see hows their weak image after deeply hurt by their girls. 223 forces himself to eat a can of pineapple everyday and talk to his dog to release his anxiety, while 633 hugs and chat with his dolls, dreams of his ex-girlfriend will come back soon. All these action shown men can be weak or even weaker than women sometimes. Such weak image of men is far different from the tradition which men hould be tough in physically also mentally. On the contrary, women in Wong Kar Wais films were tough, independent, free-spirited, calm, cool and usually less emotional than men. The most typical example in Wongs film is the drug smuggler (Brigitte Lin) in Chungking Express. Shes in cool style that blonde-wigged, wears long coat, and sun-glasses, always with a gun in her purse. She keeps calm when she is chasing by people want to kill her and shoots down her master and also those drug couriers who double-crossed her. She is actually playing the role of hero and presenting heroism which traditionally played by men. Women in Wong Kar Wais film act active and can say to be aggressive in many aspects, especially in love. Women usually be the active side in romance. They dare to get close to guys they liked and no fear to take action to attract mens attention. Maybe people may think that Wong Kar Wai presents women in this way just because following the traditional patriarchal ideology and fulfilling what men wanted (women play the active role in love) and have no different to the main-steam films. But in my point of view, women be active in love means they are liberated, freed in love. In Wongs movies, women no longer wait for mens love, they are not products on shelf and wait for someone to pick them up. They have rights and freedom to choose, to approach those guys they loved. For example, in Chungking Express, Faye loved Cop 633 from her first sight on him. She doesnt wait for 633 put attention on her, instead, she decides to break into his flat to discover him. She cleans and wander in his flat everyday in order to fulfil her romantic feeling on him. One more example, Baby (Karen Mok) in the Fallen Angels seduces Wong Chi Ming into a sexual relationship. I dont think its presenting the idea of patriarchal, but presenting an idea that women can be active in love or even sex. In opposition, Men are more passive than women. No matter Lai Yiu Fai in Happy Together and Chow Mo Wan in In the Mood for Love, they choose to keep their feeling of love inside instead of tell the person they like. Lai Yiu Fai has special feeling to his co- worker Chang (Chang Zhen), but he chooses not to tell him and let him leave. Similarly, Chow Mo Wan fall in love to his neighborhood Su Li Zhen (Maggie Cheung). But he chooses not to tell how deep he loves her and keep it as secret. To avoid get involve between Su and her husband, Chow leaves Hong Kong and mine his secret (his love to Su) in the tree hole. Obviously, men and womens roles of love in Wongs movies are quite different from other films. In conclusion, gender representation of men and women in Wong Kar Wais films have no bias any side. Neither men nor women are superior to each other. However, binary opposition between two sex is always played in Wongs films. Rivalry between men and women is always the main theme of his stories. We can see mind games between two sex in his films, each of them compete for control, regulate and dominate its other.

Friday, February 21, 2020

The War on Terror Has Led To Greater Violence Essay

The War on Terror Has Led To Greater Violence - Essay Example However, all the countries the US has strategic control over, do not seem to be able to overcome insurgents and troublemakers. The underlying argument that attributes the causality of events is that the surge in violence caused by insurgents and ‘terrorists’ is a consequence of the continued interruption of the US, NATO and its allies in the affairs of foreign countries. The argument is further strengthened by the fact that the loss of civilians as a result of misdirected and poor strategic and military decisions on the part of the US and NATO has been colossal. Think of it this way, how would the American public react if a rival state such as China, invaded Texas. It then went on to establish military bases, strategic air bases, and firm control over the region. Furthermore, it carried out searches in houses of all residents on the premise of suspected terrorist activity. The reaction would be that of anger, contempt and frustration and would lead to an uprising against the foreign occupants. The situation in Iraq and Afghanistan is strikingly similar to the one presented above, except that it is happening for real with the occupation of the US and NATO forces. ... That proposition however, could turn out to be extremely challenging for the developed world amid one of the worst economic crises of history. The rationalization that leads to the establishment of insurgent groups and ‘terrorist’ organizations stems from the basic argument of right of freedom and independence. These organizations are often termed as freedom fighters or warriors by their supporters and the zeal and purpose with which they fight goes far beyond economic incentives. Furthermore the strongest insurgent groups that are participants on the other side of the War on terror, including Al-Qaeda and the Taliban, are driven by the extra zeal of religious extremism, whereby they seek to establish the principles of their version of Islam and do not tolerate anyone who does not follow their interpretations of the religious scriptures of Islam (Riedel). Their perception of death and its consequences is starkly different from a common American citizen. Through war they seek to achieve martyrdom, and through martyrdom, heaven. Their faith in their religion is far stronger than their love for this life and their purpose of existence hinges on a better afterlife (Crews and Tarzi). To further their cause they often misinterpret or quote religious scriptures out of contexts, bringing in vulnerable youngsters to join their struggle and broadening their horizon of influence and power. Hence, it is important to realize that bringing such groups down is not a statistical battle in terms of number of men; rather it is a war against a specific faith that is strong. The invasion and occupation of these nations gives this faith extra life and

Wednesday, February 5, 2020

Relationship LensEveryday Ethics Essay Example | Topics and Well Written Essays - 1000 words

Relationship LensEveryday Ethics - Essay Example This paper will use "Everyday Ethics" by Catharyn Baird as a guide to develop a personal ethical framework for the workplace. A number of ethical competencies need to be enhanced and developed in my profession. At the basic level it should involve anger management in order to avoid conflicts. Problems should be rectified in a smart and prudent manner. Further negative events in the workplace should be used as a stimulus to improve productivity and output. The ability of choosing how to live and work is called free will. We all decide on our own about how we will live our lives. Philosophers call this ability a gift of free will. The understanding of how to live our life is called self efficacy. This is another ethical competency that needs to be integrated in the workplace. As a professional I am answerable to the management, colleagues, and customers. I need to implement superior ethical principles which will assist in creating an efficient and effective work environment. In order to better handle our professional lives we should improve our self efficacy. Self efficacy is defined by Albert Bandura as an ability to handle different given types of performances. The people who have strong belief in their self efficacy will be ready to make choices in their lives according to the situation. They start believing that they are effective. With knowledge and learning our self efficacy can increase. In the event we find more satisfaction and we become effective ethical agents in our professional lives. Self efficacy helps to create superior relationships and associations with the stakeholders. Management, colleagues, and customers are the constituents to whom I am answerable. Workplace Integrity Integrity is about creating accountability and fairness in the workplace. This is accomplished through the pursuit of clear and precise objectives. I need to protect the information of the organization. It also means following honest and transparent procedures during work tasks and duties. Workplace Greatest Good The greatest good is achieved in the workplace by maintaining a balance between organizational interests and ethical dilemmas. I seek to create an ethical environment where the spirit of friendship, openness, and collaboration is promoted. Workplace Justice Justice inside the workplace should be implemented in a smart and prudent manner. It means that individuals should ensure that there is no discrimination or bias. As a professional, I seek to implement justice so that the work duties are distributed according to the skills and expertise of the workforce. Workplace Courage Workplace courage means that the employees should express their opinions and feedback in an open and constructive manner. I pursue these qualities in order to ensure the highest ethical and moral principles in the workplace. Future Perceptions and Career Different work situations can create cynicism in our minds and because of that self efficacy in our professional lives can become low. For example, if we are working in a manufacturing plant where we are only a part of system and not connected to our customers even in good times; we may start believing that we have no control over our economic lives. We feel

Monday, January 27, 2020

Designing a Plant Cell Model

Designing a Plant Cell Model Advanced Biology Cell Project   Ã‚   Cell Wall The cell, a complex yet basic part of our existence. Unlike humans, one of the most important parts of a cell for a plant cell is the cell wall. The cell wall gives the plant shape, strength, and enables communication to adjacent cells. This essential portion of the cell was initially found by Robert Hooke, though he named it simply wall. Other scientists, such as Karl Rudolphi and J.H.F Link, added to Hookes finding. What they found was that cells had their own individual walls, and that cells interacted through holes, later named the plasmodesmata. Before this discovery, it was thought that cell walls encircled large masses of cells, and that was the way that cells interacted. There are many different arrangements for cell walls, and certain parts (such as the secondary cell wall) do not show up in different types of cells. The most basic cell wall consists of two main layers, with the plasma membrane directly beneath it. The first layer is known as the Middle Lamella. This is the outermost layer of the cell wall. This layer mainly consists of a large amount of pectins, along with many other parts. The middle lamella is responsible for gluing the walls of two adjacent cells together, providing the stability to create plasmodesmata between the cells. The primary cell wall is mainly made up of cellulose microfibrils, which are what provide the structure and shape of the cell wall. This layer is also made up of little bits of hemicellulose, which is a polysaccharide responsible for adding extra strength to the cellulose microfibrils. If you happen to have a cell that does have a secondary cell wall, it is there to add extra rigidity and strength, so the cell likely would belong to a larger plant. This layer is primarily cellulose, lignin, glycoproteins, and polysaccharides. This layer also has three other layers (S1, S2, and S3). These layers each have more cellulose microfibrils that alternate in directions. These parts of the secondary cell wall are what allows trees to exist. As wood cell walls mainly consist of secondary cell walls, which provide the structure that they need to stand up against gravity. Cell walls are formed in an odd way. The middle lamella is laid down first, which originates from the cell plate during cytokinesis. In other words, the middle lamella is formed while the cell is splitting off from the mother cell, after the nucleus has split into two. The primary cell wall is then inserted into the middle lamella. The cellulose microfibrils, located in the primary cell wall, are created in the plasma membrane by a process known as cellulose synthase complex. This process is not fully understood, but it is thought that all cellulose-synthesizing organisms have cellulose synthase proteins, which are catalysts for the polymerization of glucan chains. This essentially all boils down to the cellulose synthase proteins kick starting the reaction that allows for the glucan chains to become cellulose. The way that I have designed my model of the cell wall, is I have spent about 5 hours going through iteration upon iteration in CAD. When I finally decided on a simplistic, yet fully informational model, I exported all the 3D models as an STL (or stereolithography file), which is a dot-matrix of the solid. My slicer software (Cura 15.04.6) then took the file, and turned it into a series of coordinates, and other commands (such as the temperature to heat up the print nozzle/bed the print speed extrusion rate). This file I then exported this file to my SD card as a .gcode file, which my 3D printer is able to understand. The SD card was then plugged into the printer, and printed. Overall, I exported 3 different .gcode files (one for the cellulose, and two others for the middle lamella and plasma membrane) as they all wouldnt fit on the build plate as a single print. All three prints took me about 4 hours combined of print time. The way that I designed my main plant cell model was similar to this, but also very different. The first thing that I had to come up with was my wiring diagram, which consisted of me figuring out what value of resistor I needed to not let the 9v battery blow out my LEDs (every color of LED requires a different value of resistor), and how I would wire everything. I then had to design the cell in CAD. The wiring diagram probably took me about an hour, as I was trying to lay everything out the most efficient way possible on a mockup of my proto-board (done in circuit design software). I then spent about 10 hours total designing each individual part in CAD (I also ordered all the parts and got them 2 day shipped). Once all the parts arrived, I was just finishing up with the CAD, so I started the prints on the parts (the base board alone took 3 hours as I set it to a higher infill (50% instead of 10%) as I wanted it to be more substantial, and sturdy. The other parts took about 4 and a ha lf more hours to print (I printed excess of the organelles in case one broke while drilling). Bibliography Cell Wall. Wikipedia. Wikimedia Foundation, 18 Feb. 2017. Web. 19 Feb. 2017. Cell Wall. Cell Wall Biology-Online Dictionary. Web. 19 Feb. 2017. Cellulose Synthase (UDP-forming). Wikipedia. Wikimedia Foundation, 19 Feb. 2017. Web. 19 Feb. 2017. Cytokinesis. Wikipedia. Wikimedia Foundation, 01 Feb. 2017. Web. 19 Feb. 2017. Li, Shundai, Logan Bashline, Lei Lei, and Ying Gu. Cellulose Synthesis and Its Regulation. The Arabidopsis Book / American Society of Plant Biologists. American Society of Plant Biologists, 2014. Web. 19 Feb. 2017.

Sunday, January 19, 2020

Frankenstein :: Essays Papers

Frankenstein Protagonist: The protagonist in the novel is Victor Frankenstein. He is the main character who contends with the conflict in the novel. His decision to create life provides a problem that he attempts to escape but eventually marks his death. Antagonist: The antagonist in the novel is also the protagonist, Victor Frankenstein. Victor may have directed all of his hate and blame towards the monster he created, but is worst enemy lay within himself and his refusal to accept responsibility for his actions. Conflict: The main conflict in the novel is based on the â€Å"monster† Victor Frankenstein created in his laboratory. He neglects his responsibility to the monster he created by ignoring its existence, and his cowardice leads to inner feelings of guilt and unhappiness that ultimately cause his life to unravel and the people he loves to perish. His refusal to be accountable for his action brings the misery and misfortune that constitute the foundation of the novel. Chronology: Robert Walton writes in his first letter to his sister Margaret Saville about his desire to explore the world. His second letter then tells about his preparations for a crew and more about how he desires to explore the unexplored. In this letter he also explains how he wishes he had a friend to share his life with. In his third letter, he tells how the voyage is underway and going well. His fourth letter tells how the ship became trapped between floating blocks of ice and, after being freed, the ship encounters and takes aboard a man who was stranded on floating ice. Walton tells how the man is in wretched condition and is very melancholy. He tells how he gradually befriends the man and, after talking for some time, the man agrees to tell Walton the story of his life and how he came to be where he is now. His name is told to be Victor Frankenstein. Walton, during the narration, takes notes in the form of a letter for Margaraet. Victor Frankenstein was born in Geneva, Switzerland, to a family of notoriety. His family adopted a young girl his age named Elizabeth from a poor family who could not support her. As a child, Victor was fascinated with alchemy and sciences. At age seventeen, Victor’s mother died.

Saturday, January 11, 2020

Corporate Law- Promoter Essay

Rolly approached Molly and Polly and asked them to be shareholders to form a company. Then Rolly acquired a shop lot worth RM350,000 in order to prepare for the company in future. She bought this shop lot below the market price as the vendor was looking urgently to sell it. After the company is formed, she sold the shop lot to Jiggles Sdn. Bhd. at market price. Thus, she gained a lucrative profit of RM200,000 without the knowledge of any other party. Definition of promoter Section 4(1) of the Companies Act 1965 defined promoter is a person preparing prospectus. (not limited to this definition alone) According to Cockburn CJ in Twycross v Grant (1877), a promoter is a â€Å"person who undertakes to form a company with reference to a given object and set it going and takes the necessary steps to accomplish the purpose†. (Company Law in Malaysia, pg42) A promoter may be a natural person for example when the sole proprietor promotes a company to take over his business. (Company Law in Malaysia, pg42) The promotion process includes negotiations, registration of the company, obtaining directors and shareholders and preparing the paper work. In this case, Rolly is the promoter of Jiggles Sdn. Bhd as she meets the definition of promoters. She is a sole proprietor who selling cupcakes, promoted the company to take over her business. Besides, she also obtained shareholders by approaching Molly and Polly. Promoters’ duties Thus, Rolly is under a fiduciary relationship with the company. She has an obligation to act in good faith for the best interest of the company and must avoid conflict of interest which will affect her behavior. Under the duty of promoter, promoter should not make secret profit, defraud the company by active concealment, disclose confidential information, hides any personal interest. On the other hand, they should make a true and honest account to the company for his dealing on behalf of the company and make full and frank disclosure to shareholders and directors. In this case, Rolly had breached her fiduciary duty. She had made a secret profit of RM200,000. She did not make full and frank disclosure of her interest to the shareholders and directors of the company. She had hide her personal interest. Thus, where Rolly fails to declare her interest in the contract with the company she is promoting, the contract is voidable at the company’s  option as in the case of Erlanger v New Sombrero Phosphate Co (1878). Remedies of breach of duty As in the case of Erlanger v New Sombrero Phosphate Co (1878), the contract is voidable at the company’s option. Thus, the company may avail itself of the following remedies. The company may rescind the contract, claim for damages or recovery of secret profit. Rescind the contract-The company may choose to put an end to the contract. If the company terminates the contract, both parties are to return the benefits received. Thus, the company has to return the shop lot and Rolly has to return the purchase price received. Damages- The court may order Rolly to pay damages to the company for loss incurred when rescission is not possible, as in the case of Re Leeds and Handley Treatres of Variety. Recovery of secret profits- When rescission is not possible or the company does not want to rescind the contract, the company can recover the secret profit made by Rolly.