Struggling Readers Essay Example | Topics and Well Written Essays - 2000 words - 1

Struggling Readers - Essay Example se of reading difficulties, how to assess reading difficulties, remedy for struggling readers, and the extent to which struggling readers can be remediated. Struggling readers experience problems in multiple areas. It is important to compare students suspected to have reading difficulties with others in order to clearly identify a child who is struggling to read. Why all the efforts to help struggling readers? Experts in entirely all disciplines are continually searching for the most effective methods to master the necessary skills in order to succeed, reading skills are not an exception. Children are introduced to many things at a tender age to increase the chances of mastering skills early enough that boosts the chances of being successful. The stage a child should begin learning to read has been a prevalent question in most people especially parents. Reading difficulties may at any stage and this calls for early intervention measures. This paper seeks to explore on reading difficu lties, their causes and possible interventions. Identification of struggling readers is very important. Most struggling readers can only be helped if early interventions are made through the development of early reading skills. Delays in the identification of such readers results in a delay in the provision of appropriate and effective reading instruction. Assessment of learners can easily identify struggling learners. Such an assessment may involve text reading in combination with other aspects as student’s performance on measures like word reading and automatic word recognition. Assessment of a students knowledge on the alphabets, phonemic awareness, processing of phonologies, vocabulary reading and reading fluency are key in the identification of struggling readers. Early identification prevents persistence of reading problems making the problem more complex and lowering reading related attitudes and motivation. Word level processing skills form of identification emphasis on

Malcolm Gladwells 'Blink' Essay Example | Topics and Well Written Essays - 1000 words

Malcolm Gladwells 'Blink' - Essay Example For one, Gladwell is on a sticky wicket. The techniques and reasons are too complex to explain. For another, Gladwell knows what he is talking about. And finally, everyone else knows what Gladwell is talking about. On the spur moment decision, off the cuff remarks, gut feelings, intuition, quick thinking, customarily yield positive results, oftentimes because the person making the decisions and statements know very well what is going on and the reasons behind his or her decisions. Anyone who has read 'Blink' may understand the author's core issue. In simple terms, he is talking about the power of perception. One finds it difficult to disagree with the notion that he or she has never been in a situation when an intuitive stand or decision yielded positive results. The situation may be as varied as the ones author has touched upon, viz. deciding whether a statue is a fake, deciding whether a surgeon is likely to get sued for malpractice, and deciding whether the inhabitant of a particular dorm room is likely to be conscientious. In each case on which the author has elaborated the one making the decision did so with minimum information on hand, two seconds to decide, and with formidable consequences should the decision go wrong. Dr Atul Gawande is more succinct on the issue. ... Dr Atul Gawande is more succinct on the issue. In his book, 'The Bell Curve.' he cites examples of the Cincinnati Children's Hospital and Fairview University's Hospital at Minneapolis to illustrate background, the prevalent status, and the determination to turn around from mediocre to achievements, by skilled team of doctors to improve results from below average practitioners to trail blazers. They do so without any recourse to fresh medical training. They do so with determination, discipline and professional aggressiveness to ensure patients' recovery. Gawande's point of view is that it is not only professional qualification and capabilities, but practice and personal determination to succeed that drives one to achieve feats which may otherwise look impossible. [Atul Gawande].1 Correlation and Calculation In the instances of both Malcolm Gladwell and Atul Gawande the risk factors are overwhelming and possible solutions depend on 'thin slicing' - filtering the very few factors that matter from an overwhelming number of variables. [Malcolm Gladwell].2 Normally everyone is taught not to make hasty decisions, look before leaping, think, look at all angles, don't go by feelings, and to make maximum efforts at information gathering and consultation before making a decision. However, not everyone is instructed on how to go about handling a life and death situation, a crisis, walking tightrope over the Niagara, or accompany a close relative on his or her last walk to the gallows. Moreover, it is natural to pass the buck in a crisis situation or as a last resort, leave difficult, dangerous, embarrassing, debilitating situations to the Almighty in prayer! The person facing the crisis is a lone ranger facing the most unfortunate situation in his or her life.

Why Students of the School of Pharmacy Shift to Another Course Essay Example for Free

Why Students of the School of Pharmacy Shift to Another Course Essay Introduction Pharmacy is a course concentrating on drugs and patient care. With rapid advances being made in medicine, it is necessary for pharmacy students to encounter more pressure in studying and to be life-long learners after graduating from pharmacy school. Motivation is a psychological concept that refers to a person’s willingness to put effort in order to achieve educational goals and it is necessary in being sure of what you want. But there are cases that student’s motivation is degraded because they don’t want what they’re doing or taking up. There are maybe factors or reasons why students choose their course they didn’t want it at first but with this factors and reasons it may lead to the confusion of students during the period of that course and decides to shift. If you have decided to change because you don’t enjoy your current course, then you should be absolutely certain that you’ll enjoy the course you’re moving to. You should also be aware that changing course has significant negative consequences, you have to be certain that the change is worth it. Our aim is to know the different factors that affect the decision making of the students why they shift course after a year or two in pharmacy school. The researchers have chosen this study to know the reason why there are students shifting to other course in their early years or their later years. The researchers wanted to know what are the reasons as to why there are students, even though they know that is hard, still keep on going. Maybe the researchers might be able to postulate a better course outline that the students might be comfortable with. With this in mind, the researchers decided to create a survey so they can gather and come up with insight applicable to the students of Centro Escolar University Manila, School of Pharmacy. Setting of the study This study was conducted in Centro Escolar University Manila where it was established on June 3, 1907 by Doà ±a Librada Avelino and Doà ±a Carmen de Luna for the instruction and training of the youth in all branches of the arts and sciences. With some branches, a single blackboard and a few book, two educators steadfastly nurtured a dream of establishing a nationalistic center of learning for Filipino women. The first college that is Pharmacy, opened in 1921, the College of Liberal Arts, Education and Dentistry followed one after the other. Three years later, the College of Optometry was established. CENTRO ESCOLAR UNIVERSITY: SEVENTY FIVE YEARS OF FILIPINISTIC EDUCATION A BRIEF HISTORY: Centro Escolar University was founded in 1907 by Doà ±a Librada Avelino, then a young woman of 24, together with Doà ±a Carmen de Luna, a close friend and associate, and Fernando Salas, a lawyer friend, who gave Doà ±a Ada encouragement and financial support. Originally and fittingly called Centro Escolar de Seà ±oritas, the institution offered an education program whose set-up and guiding philosophy are provided in Article IV of the by-laws governing the college: The purpose for which the corporation is constituted is the opening of primary, intermediate and secondary classes, and later on the collegiate departments, and the teaching of the subjects which refer to physical, intellectual, moral and civic training of the individual. The constitution and the by-laws of the Centro Escolar de Seà ±oritas was approved on June 10, 1910, three years after its establishment. The educational philosophy of the founder is reflected in the academic and civic training she and her colleagues gave the students. Their participation in civic public events had always been one of the typical characteristics of the pedagogy of Doà ±a Ada. It was her aim to bring out the Filipino woman from her femininity and respect for valued tradition. Doà ±a Ada practically shouldered the entire responsibility for the successful administration of the school from the date of its founding to her death on November 9, 1934. (She was succeeded by Doà ±a Carmen, who continued the work left by her co-founder until the former’s death on November 4, 1962. From 1962 to her death on December 10, 1973, Mrs. Pilar Hidalgo Lim, educator and civic leader, was president of the University. Mrs. Lim’s administration was characterized by expansion in enrollment and infrastructure development). During the early stage, Doà ±a Ada was assisted by her co-founder, Doà ±a Carmen, who was sub-directress and dean of discipline; by Margarita Oliva, Doà ±a Ada’s cousin, who served as administrator; by Maria Francisco, (later to become Mrs. Villaceran), first Filipino woman-lawyer, who was the first secretary of the Centro Escolar University; and by Felisa B. Francisco, who served as the first treasurer of the Centro Escolar de Seà ±oritas. Among the first faculty members of the Centro Escolar were Josue Soncuya lawyer, educator; Manuel Revago – eminent orator and man oof letters; Alberto Campos – former captain of the Spanish Army. Later, two of the stalwarts joined the pioneer. Miss Generosa de Leon, an AB graduate of CEU (1910), served as Registrar and Treasurer from 1921 up to her death on October 11, 1962. Conception A. Aguila joined the Centro Escolar de Seà ±oritas as kindergarten teacher in 1921, then served subsequently as high school teacher, college instructor, principal and supervisor. At the time of her death on September 6, 1959, Dr. Aguila was legal and educational consultant, executive director and dean of the Graduate School. The Centro Escolar University has now a kindergarten school, an elementary school, a high school, 12 colleges and a graduate school. The years of their founding are as follows: 1907-Kindergarten, elementary, general secondary, music and home arts course 1911-Two-year high school commercial course 1917-Three-year domestic science course. Not long afterwards this was made a 4-year course 1921-College of Pharmacy 1924-College of Liberal Arts and College of Education 1925-College of Dentistry 1926-Graduate School 1928-College of Optometry (the first college of Optometry in the Philippines) 1930-College of Music 1948-College of Social Work 1958-College of Food and Nutrition 1960-College of Medical Technology 1963-College of Chemistry 1975-College of Nursing The Centro Escolar University has grown from 123 students in 1907 to the present close to 18,000 on all levels in three campuses. A number of changes have taken place since its founding in order to meet the demands of the fast changing society. In all of these changes, however, the administrators have always been guided by the Founder’s philosophy of moderate modernism and progressive Filipinism captured in the motto: ciencia y virtud. It has also a branch in Tambo, Paraà ±aque, Rizal. Founded in 1954 as Baclaran High School, the CEY branch is now named Generosa de Leon Memorial School in memory of the late â€Å"Maestra Osang†, former registrar and treasurer of Centro Escolar University. Another branch was opened in Malolos, Bulacan in 1978 in response to the national call to decongest Metro Manila. The fourth president of the Centro Escolar University and its first male president is Mr. Dionisio C. Tiongco. In his inaugural address on May 4, 1974, President Tiongco committed the University to a greater invovlment in the national’s affair. He spoke of two general directions to achieve this goal; first to enable the University to do a better job as an institution of learning, he wholeheartedly supported the idea of consortiums. Second, he encourage the search for innovations which are responsive to the needs of the times. As a result, Centro Escolar University has started to offer non-degree work-oriented and technical courses in order to respond to a specific need. He further pledged to continue the pursuit of excellence in the standards of instruction and research of the University. The understanding and appreciation of Philippine life and culture has always been the underlying motivation behind most of the University research projects and cultural presentations. In depth studies of Filipino culture groups and of basic rural communities abound in the University research literature. The outstanding University publications treat of the Filipino family in its rural and urban orientation and of the food culture of the Filipinos. Recently completed in an NSDB-sponsored research on the Filipino adolescents in the rural and urban setting. The credit of pioneering in the presentation of opera in Filipino goes to CEU. Over the years, some of the University opera presentations are original works like Hinilawod, Mariang Makiling, Princesa Urduha, and Pilipino translation of the classic opera pieces like Aida, Carmen, Mignon, Lucia at Lammermoor, Tales of Hoffman, Merry Wives of Windsor, La Traviata, Rigoletto and Un Ballo in Mashera. BIBLIOGRAPHY JOURNALS AND MAGAZINES Hastings, Jan K., et. al. â€Å"Pharmacy Students Motivation†, American Journal of Pharmaceutical Education, vol.65 (Fall 2001) ELECTRONIC SOURCES How Hard is Pharmacy from http://www.pharmdprograms.orglis-pharmacy-school-hard/ What it Takes To Get A Pharmacy Degree from http://www.life123.com/career-money/careers/pharmacy/pharmacy-degrees.shtml What To Consider Before Becoming A Pharmacist from http://www.life123.com/carrer-money/careers/pharmacy/becoming-a-pharmacist.shtml Five Things to Consider Before Shifting Courses from http://www.ormahighlights.com/2012/07/five-things-to-consider-before-shifting-course/ Shifting College Course from http://www.sharedreviews.com/article/shifting-college-courses Changing Course at University from http://www.studentroom.co.uk/wiki/changing-course Why Do Students Shift Course from http://www.mylot.com/w/discusion/1601353.aspx Impact Of A Gender Shift On A Profession from http://www.forumpublicpolicy.com/archive07/gardner.pharmacy.pdf Significance of the study The study will answer administrator, teachers in School of Pharmacy as to why pharmacy students choose to shift rather than finish the course. We will know the subjects that make students decide to shift. Knowledge of this will greatly help them be responsible to adopt earlier to decrease failing grades in the subject, thereby reducing the shifters of pharmacy. If we will know the reason why students of pharmacy shift, we might be able to make a course outline to prevent the shifting of pharmacy student.

An Analysis Of The Global Automotive Industry

An Analysis Of The Global Automotive Industry The car industry is one of the largest and most profitable industries in the world and is epitomized by the innovative ideas of Henry Ford. Since then the industry has evolved in almost every aspect. The industry has experienced its lows and highs, the 2009 economic downturn being the pivotal point in its history. The industry is essentially an oligopolistic market, which means competitive advantage is the vital objective for all firms. Recent trends have witnessed large firms shifting to regions where costs are low and vertical integration is possible. Most of the lead firms are almost completely vertically integrated and this absorbs most of their profit margins. Firms must also consider the key drivers of change such as revised environmental and technological requirements. Due to the region-centric dispersion of production there is always a risk of poor operations management in certain regions. Organizations are now encouraging their major suppliers to set shop in these emerging m arkets. This leads to a high level of dependence on suppliers who are benefiting from the sharp increase in outsourcing. Customers needs and wants have also changed, with safety and technology on top of their list. The rising costs in fuel and the impending threats of global warming have created a new segment for alternative energy vehicles. Analysis of these macro economic factors leads to a conclusion that the car industry is far from its saturation point and there is still potential for growth in many regions. Table of Contents Introduction The automotive industry is an ever-evolving industry that has experienced both, spurts of rapid growth and unforeseen decline in sales (Molnar, 2009). This is largely due to the fact that the automobile industry shares certain similarities with other large industries, such as the electrical and apparel industries where foreign direct investment (FDI), global production and international trade are significant influences (T.J. Sturgeon et al., 2009). This industry is principally an oligopolistic market; therefore competitive advantage is a key strategic objective for all major players in the industry (Williamson et al., 2004). Based on statistical data the current major players in the industry are Toyota (Japan), General Motors (USA), Volkswagen group (Germany) and Ford (USA) (Datamonitor, 2011)(See Figure 1). Apart from the current big four there are several other lead firms from Japan, USA and Germany, whose domination was heightened due to several mergers and acquisitions and equity based alliances. (T.J. Sturgeon et al., 2009). Since the automobile industry is largely homogenous, there are common trends in the market that directly or indirectly affect most organizations (Williamson et al., 2004). Great potential for growth has been identified in markets like India, Brazil and China due to the availability of low cost skilled labor. This encourages an increased flow of FDI into such countries and facilitates trade liberalization through World Trade Organization (WTO) (T.J. Sturgeon et al., 2009). Along with Global integration organizations are also integrating themselves regionally due to dispersion of final assembly plants in various countries (Molnar, 2009). Another changing attribute in the industry is the alteration of the supply chain due to higher technical dependence on the suppliers. In contrast to the tier based supply chain, now suppliers are vertically integrating to handle complex subsystems (Molnar, 2009). This report focuses on the various macro-environmental factors that affect the car industry currently. Factors such as supplier bargaining power, economical integrations, and political and technological aspects are the key drivers, which are affecting the car industry. The report analyses the trends in the industry from the past, and future expectations, focusing mainly on companies such as Ford, GM, Volkswagen, and Toyota, and justifies how the industry can expect growth in the future. Market Trends The automotive industry has experienced structural changes, from mass production techniques in the 1920s to lean production methods in the 1980s (Wayman, 2007). A groundbreaking concept introduced by Toyota called the just in time Strategy (Beasley, 1950) changed the face of car manufacturing. Similarly Ford introduced the standardization method (Fordism) that revolutionized the method of manufacturing in all industries. Over time the industry experienced a transition from standardization to modern concepts such as just in time and lean production. Emphasis then shifted to branding and sales, as competition got fierce, leading to focus on company operations and marketing (Data monitor, 2011). The slowdown at the end of the first decade of the 21st century affected the banking sector and the stock market thus indirectly affecting the automobile industry. In this recession, costs in the industry increased due to an increase in the cost of the raw materials. As shown in the following graph, the sector most affected was premium cars (Luxury cars). As stated by Pwc. on autofacts.com (2011), Much of the recession was rooted in the white-collar financial service professions, which account for a large percentage of the sectors consumers. This caused an unforeseen dip in the production level of premium cars and had a ripple effect on the on the economies of Europe and Asia Pacific. (Autofacts 2011) As illustrated above the fall in production during the recession can further be explained by analyzing the level of contribution by these strategic groups towards the world production of cars (by value). The United States (US) has been a dominant force in contributing towards the worlds production of passenger cars, with 37.80% of the worlds automotive production in the year 2007. However, negative economic conditions meant production decreased drastically from 30.70% in 2008 to 15.70% in 2009. This free-fall in production shows how susceptible demand for new cars and the auto industry are to economic conditions. http://graphics8.nytimes.com/images/2012/07/26/business/26euauto-graphic/26euauto-graphic-articleInline.jpg The recession in the US not only affected the domestic market but also affected other major economies. Europe, closely interlinked with the American economy, was one of the first to experience the effects. The recessions magnitude was evident with the fall in production in Europe in 2010, decreasing to 29.70% from 35% in 2009. Although Europe has experienced fluctuations in production, on average it has been reasonably stable compared to the US and the rest of the world. In 2012 estimates by the European Automobile Manufacturers Association predict that sales of passenger cars will decrease by 3 million to 12.4 million. Actual sales of passenger cars have been decreasing since 2008. Sergio Marchionne chief executive of both Chrysler and Fiat commented saying, Ive never seen it this bad, (New York Times 2012). Asia pacifics production has grown at a stable rate averaging 27.92%. Although the region was affected by the global recession it limited the fall in production to 6.4%. After 2009 it experienced a boost in growth for the following two years taking levels close to the 2008 high. Through these years of volatility the automotive industry has had to trim the fat by cutting payrolls and closing underperforming facilities. As well as dealing with these difficult economic trends manufacturers have to be conscious about legal factors and social factors like global warming. Most companies have introduced products consider the environment, which has a positive effect on sales and brand image. These costly additions linked with bad economic conditions have in some ways encouraged greenfield ventures and outsourcing the production of parts and labor in low cost areas like Thailand and other parts of Asia. Macro-economic Analysis PESTLE Analysis The macro environment of the car industry is extensive. Companies need to identify the key drivers of change in order to build scenarios to help them achieve their strategic objectives (Johnson, Scholes and Whittington, 2008). Changing macro-economic conditions force companies to alter their strategies in order to sustain and increase their market share. The economic crisis that the industry suffered in 2009 played a major role in shaping the industry into its current state (T.J. Sturgeon and Biesebroeck, 2010). As stated by Sturgeon, Biesebroeck and Gereffi (2008), the automotive industry is neither fully global, consisting of a set of linked, specialized clusters, nor tied to the narrow geography of nation states or specific localities. However, in recent times the industry has become more region-centric, as companies have set up production and assembly closer to point of sale in order to take advantage of economies of scale and lower labor costs that are available in these emerging markets (Humphrey and Memedovic, 2003). Emerging markets in the car industry are attracting lead firms due to rapid sales growth in these regions (Datamonitor, 2011). In China, lead firms are adopting cautious localization and aggressive localization strategies to reduce their variable costs so that they can compete efficiently in the region (T.J. Sturgeon and Biesebroeck, 2010). The rapid growth of the Chinese car market can largely be attributed to its liberal policies towards joint ventures, as highlighted by the joint venture that formed the Shanghai Volkswagen Automobile Co. which dominated the market for 10 years (Molnar, 2009). Another rapidly growing market is Brazil, which is projected to be the worlds sixth largest car manufacturer in 2013. High import taxes ensure that companies are forced to manufacture locally. Another unique aspect of the Brazilian industry is its dependence on the ethanol industry that fuels almost all cars in this region. The government supports this industry as it employs over a million pe ople and also protects the car industry from the flux of oil prices (Matthew Symonds, 2008). One of toughest challenges for the automobile industry in current times is adhering to the latest technological and environmental norms. The emphasis on incorporating cutting edge technology in cars is evident in KPMGs (2012) survey that shows us the recent demand for mobile connectivity and built in technology (See Figure 3). In order to meet the consumer demands for technological improvements companies are turning to new technology suppliers. This is a strategic risk for companies, as the lack of transparency in the supply chain could lead to environmental disasters, such as the catastrophes in Japan and Thailand in 2011 (KPMG, 2012). Improved fuel efficiency and lighter cars are two factors that are desired by consumers and legislators alike, however the required resources like aluminum cannot be used due to stringent environmental laws (KPMG, 2012). China has set a good example by investing US$15 billion in a market determined to utilize technology to reduce the environmental dam age inflicted by fuel emissions (KPMG, 2012). The automobile industry is one of the most heavily regulated industries in the world. Manufacturers need to follow the safety and environmental regulations of the respective regions they are based in. This becomes difficult due to the current trend of outsourcing most of the cars parts. Every company has to adhere to the environmental norms and therefore strive to reduce emissions from their products. There is no room for error as any breach of legal regulations jeopardizes the companys business strategy Porters 5 Forces Suppliers Suppliers bargaining power is increased when there are a few producers dominating supply (Mintzberg, H. 2002). Despite the automotive industry manufacturers concentrated firm structure, since the early 1990s bargaining power has shifted from the industries automotive manufacturers to their suppliers. This is because of the creation of global suppliers which have taken on more extensive roles in the areas of design, production and FDI (Sturgeon et al, 2009). These globally dominant suppliers are favored by manufacturers who expect and encourage them to be present near their plants and in emerging areas of growth (Molnar, 2009). New projects are no longer seen as an opportunity to expand globally instead, a supplier must have a global base in place to even make a bid, (Sturgeon et al, 2009). Suppliers such as Bosch and ZF are becoming involved in manufacturing and assembly, assembling important sections of vehicles before passing them on to manufacturers (Molnar, 2009). Increased outsourcing and the bundling of more value chain activities make these firms larger and more powerful (Sturgeon et al, 2009). The larger firms achieve economies of scale and scope, making it cheaper to design and produce many components creating high entry barriers (Molnar, 2009). This is concentrating the industry, which in turn is also increasing suppliers bargaining power. Buyers Buyer power can be high if buyers are concentrated, there are low switching costs, or there is buyer competition threat (Johnson, 2011). From the consumer perspective there are definitely low switching costs as switching from VW to Ford costs nothing but the price of the car. End customers generally have no bargaining power because they are individuals who purchase directly from the manufacturer through franchised distribution systems. Only large car rental or leasing companies can gain discount (Molnar, 2009). Substitute Cars do not have a direct substitute threatening sales in the industry. Substitutes like public transport are available but they do not share the same benefits, mainly price and door-to-door transport, that cars do (Molnar, 2009). Bicycles and motorbikes do however offer this benefit and are often considered substitutes. They are not however perfect substitutes, as they do not meet the same comfort, carriage and experience needs, that are a unique selling point for different varieties of automobile. A growing concern that consumers would switch to these substitutes during the global recession was the price of fuel. Despite spikes in the price of oil which provides 97% of transportation fuel, there has been a large increase in demand for passenger cars (Molnar, 2009). This can be attributed to improvement in mileage per gallon and the convenience of having a personal vehicle. It also distinguishes price from performance and that in the case of a car, a lot of people, seek value more than price. Competitor analysis Rivalry between competitors occurs when competitors are numerous or are roughly equal in size or value (Mintzberg, H. 2002). The battle for market share is usually very costly and industries exhibiting these traits usually have low profit margins. The auto industry however is considered to be an oligopoly, which minimizes the effects of price based competition (Molnar, 2009). Firms try to position themselves as luxury brands (Ferrari) or low cost fuel efficient brands (Toyota) to corner a market segment. However some firms like Mercedes, by introducing the Smart car, target a wider demographic. This however, goes against the product life cycle pattern in which differentiation is supposed to decline as the business becomes more mature (Mintzberg, H. 2002). There is some differentiation between vehicles price, quality and status, a vehicle is perishable and there are no (to very low in the case of finance) switching costs. The aforementioned factors, according to Mintzberg (2002), create a strong temptation to cut prices which intensifies rivalry. A strategy firms use to avoid price based competition is to offer rebates, 0% financing, long term warranties and no money down. These finance options help lure in customers but also pressurize profit margins and break even projections (Molnar, 2009). Marketing innovations can raise brand identification or help differentiate the product (Mintzberg, H. 2002). Threat of new entrants: Heavy investment is required by companies looking to enter the automobile industry. Economies of scale are sort after by the new entrants; however the current players have reached large-scale production levels (Gerry Johnson et al., 2011). Most brands have a rich history, helping them build their branding, as brand equity is a big seller (Molnar, 2009). Ford was established in 1903 and GM began in 1908 and they are world renowned (MarketLine, 2012). Firms need to invest heavily in research and development in order to match their competitors technical and design prowess in area such as energy conservation (Molnar, 2009). New entrants may struggle to build their network with suppliers as the automotive industry has an extremely concentrated firm structure (Sturgeon et al., 2009). The global recession made it easier for the larger firms to acquire and integrate horizontally as well as vertically, opening more retail and franchise distribution locations. The recent global meltdown has led to customers switching brands in order to look for low-priced or high performance cars. For example, the Tata Nano was an instant hit in India upon launch; since it was a low price car. The A6 from Audi also got high appreciation for its performance and quality. The existing players in the market would adapt these features and come up with their own designs, hence increasing competition. Daewoo founded in 1967, could not survive and was dismantled in 1999 by the Korean government. Indian Tata motors entered the passenger vehicle market, in 1998 through aggressive acquisitions of foreign brands but could not penetrate the US or EU markets (Molnar, 2009). One of the most crucial barriers to new entrants is legislation and government policies. Restraints such as patent protection regulate the market and have an impact on new companies, if they do not have any unique ideas (Gerry Johnson et al., 2011). Policies regarding FDI and FII affect companies going global and entering new markets. Regional integration such as NAFTA, EU, makes trade and foreign investments simpler and convenient for such companies. Conclusion The current economic crisis has accelerated deep structural change in the automotive industry, setting the stage for sustainable growth (Deloitte, 2009). There are huge potential gains and room for growth in emerging markets, particularly in Asia, mainly in China and India. Countries with high importing costs will experience a decline in domestic capacity as the lead firms continue to set up their manufacturing centers in these emerging markets. The regional trading blocs (e.g., NAFTA, European Union, ASEAN, and Mercosur) are expected to grow and drive regional production as firms look to shift to lower cost regions. Another lucrative opportunity for the organizations is the increase in demand for new cutting edge technologies in cars. This convergence leads to the creation of new business models that include alliances with companies from other industries that provide new technology (Deloitte, 2009). The rising prices of crude oil indicated a continuous and gradual increase in fuel prices over the next 4 years (Moming Zhou, 2008). This is an opportunity for the lead firms to grow by investing more resources in alternative energy products (Hybrid cars), at a time where consumers are looking to switch to more environment friendly cars (See Figure. 2). This is a perfect time to capture this market when treaties like the Kyoto Protocol (Molnar, 2009) call for a collective effort to battle global warming. In conclusion, it can be determined that the global car industry continues to attract consumers to differentiated products. However, firms must make the right strategic decisions, to reduce the absorption of their profits by their vertically integration strategies. Existing companies must adopt a strategy of sustainable growth to ensure their survival in this industry. Bibliography Book JOHNSON, G., SCHOLES, K., WHITTINGTON, R. (2008). Exploring corporate strategy. Harlow, Financial Times Prentice Hall. JOHNSON, G., SCHOLES, K., JOHNSON, G., WHITTINGTON, R. (2011). Exploring strategy. Harlow, Financial Times Prentice Hall. MINTZBERG, H., QUINN, J. B. (1991). The strategy process: concepts, contexts, cases. Englewood Cliffs, N.J., Prentice Hall. Report Pwc (2011) 2011 Automotive Review. [report] Autofacts ProQuest (2012) Thailand Emerges as Global Hub for Fuel Efficient and Environment Friendly Car Manufacturing. [report] ProQuest. KPMG (2012) Global automotive executive survey. [report] KPMG. p. 4-57 DATAMONITOR (2005) Global Automative Retail. [report] DATAMONITOR (2006) Global Automative Retail. [report] DATAMONITOR (2007) Global Automative Retail. [report] DATAMONITOR (2008) Global Automative Retail. [report] DATAMONITOR (2009) Global Automative Retail. [report] DATAMONITOR (2010) Global Automative Retail. [report] DATAMONITOR (2012) Global Automative Retail. [report] DATAMONITOR (2011) Global Automative Retail. [report] MarketLine (2005) Global Automative Retail. Website People.brunel.ac.uk (1950) Just-in-time. [online] Available at: http://people.brunel.ac.uk/~mastjjb/jeb/or/jit.html [Accessed: 10 Nov 2012]. EWING, J. (2012) Europes Auto Industry Has Reached Day of Reckoning NYTimes.com. [online] Available at: http://www.nytimes.com/2012/07/26/business/global/europes-auto-industry-has-reached-day-of-reckoning.html?pagewanted=all_r=0 [Accessed: 10 Nov 2012]. deloitte (2009) [online] Available at: http://www.deloitte.com/assets/Dcom-Global/Local%20Assets/Documents/A%20New%20Era_Online_final.pdf [Accessed: 11 Nov 2012]. Articles Dannenberg, J. and Kleinhans, C. (2007) The Coming Age of Collaboration in the Automotive Industry. p.88-94. Datamonitor (2011) Global Automobiles. [report] Datamonitor p.1-37. Molnar, E. (2009) Strategic Management in the ailing automobile industry. Sturgeon, T. et al. (2009) Globalisation of the automobile industry: main features and trends. International journal of technoligocial learning, innovation and development, 2. Sturgeon, T. and Biesebroeck, J. (2010) Effects of the crisis on automotive industry in developing countries: A global value chain perspective. Sturgeon, T. et al. (2008) Value chains, networks, and clusters: Reframing the global automotive industry.Journal of economic geography, 8 (3). p.297-321 Humphrey, J. and Memedovic, O. (2003) The global automotive industry value chain: what prospects for upgrading by developing countries. Magazine Symonds, M. (2008) A global love affair: A special report on cars in Emrging markets. The Economist, Iss. 8606. Online Newspaper Zhou, M. (2008) Gasoline could hit $7 a gallon in four years: CIBC. The Wall Street Journal, [online] 24th April. Available at: http://articles.marketwatch.com/2008-04-24/news/30787082_1_crude-supplies-natural-gas-oil-supply [Accessed: 11 Nov 2012].

Machiavelli And Morality Essay -- essays research papers

When reading Niccolo Machiavelli’s The Prince, one can’t help but grasp Machiavelli’s argument that morality and politics can not exist in the same forum. However, when examining Machiavelli’s various concepts in depth, one can conclude that perhaps his suggested violence and evil is fueled by a moral end of sorts. First and foremost, one must have the understanding that this book is aimed solely at the Prince or Emperor with the express purpose of aiding him in maintaining power. Therefore, it is essential to grasp his concepts of fortune and virtue. These two contrary concepts reflect the manner in which a Prince should govern while minimizing all chance and uncertainty. This kind of governing demands violence to be taken, however this is only done for the strict purpose of maintaining his throne, and generating both fear and admiration from his people. In all cases of violence, Machiavelli limits the amount of violence that needs to be taken down to th e minimum, and most cases the victims of these acts are enemies of the people. Behind the violence, the prince is essentially taking the role of the villain and assuming all â€Å"bad† acts so that his people do not have to suffer and commit the acts themselves. In addition, all the Prince asks for is to not threaten his power and to respect it. In the 16th Century, this request is feeble compared to those of other hierarchical Monarchies. In the end, Machiavelli’s Prince assumes all the burden of violence while leaving his noble people to act as they feel accordingly without worry of their lively hood. This is Machiavelli’s ultimate stroke of morality.   Ã‚  Ã‚  Ã‚  Ã‚  Before examining how the interaction of violence and politics lead to morality in the end, it is important to analyze exactly what Machiavelli demands of his Prince. First and foremost, Machiavelli harps upon the concept of fortune and virtue. By fortune, he means that everything is left to chance, while nothing will guarantee that a certain event will occur. Machiavelli writes that a â€Å"Great long standing Prince never rules with fortune.† Through risk and chance, one leaves him open to failure; thus action should be withheld if an element of chance is involved. Machiavelli ties virtue very closely to that of prudence. He defines virtue as acting exceptionally and draws a distinction between morality and virtue. In many respects Mach... ... because although one could be reveled as a martyr, the possible effects of a new prince’s statutes far outweigh the benefits of being a martyr. As a martyr people simply become energized and support your cause. However, if a Prince is such martyr, that would mean a new Prince is in power and could instill far worse conditions upon the people. Therefore, with his subjects as the top priority, morality demands that the Prince must stay alive and allow the people to prosper under his free monarchy. Machiavelli’s Prince is a book in which Machiavelli outlines the actions a Prince must take to hold and maintain power in a principality. Within the context of the book, Machiavelli brings forth the notion that prudent violence must be done in order to maintain the throne. In addition, he strongly expresses the ideology that a Prince can not be both moral and political. However, behind this argument lays the foundation of morality. The Prince’s evil actions although not moral seem to sustain morality for the subjects within his principality. The Prince assumes all immoral behaviors and thus, by sacrifices himself for the people, is indeed moral in the end.   Ã‚  Ã‚  Ã‚  Ã‚  

Adapting International Accounting Standards Essay -- Accounting Inter

Companies in each country have to adapt and regulate their financial statements to certain requirements. They base and format their accounting standards on their national General Accepted Accounting Principles (GAAP) set by security regulators. However, in this modern globalized era, owing to too many financial differences between nations, it is increasingly difficult for entities to compare their financial records and identify trends in their financial position and performance with their competitors. As an answer to such financial chaos, harmonisation consists of formulating one universal GAAP; accountants worldwide would subsequently be able to use one single standardized practice, which would, according to Weber (1992), improve financial market information, government accountability, facilitate international transactions and minimise exchange costs. However, harmonising standards remains a disputable answer in accounting. This paper will attempt to shed some light on the current debate about the pros and cons of adopting a universal set of accounting standards. International accounting standards are discussed, set and published by the International Accounting Standards Board (IASB) which was formed in 2001. The International Accounting Standards Committee (IASC) was the predecessor of the IASB; its Foundation is to harmonise all worldwide GAAPs into one single set of accounting standards. According to Mogul (2003), harmonisation is defined as the constant process of ensuring that the GAAP of each country are formulated, aligned and updated to international best practices (GAAPs in other countries) with suitable modifications and fine tuning, considering each domestic condition. Harmonisation is thus wished by any financ... ... issue 7, pp. 975-992 ScienceDirect [Online]. Available at: http://www.sciencedirect.com/science (Accessed: 03 November 2010) Mogul, S. (2003) Harmonization of Accounting Standards. Available at: http://www.icai.org/resource_file/11430p681-684.pdf (Accessed: 3 November 2010) Blake, J. and Hossain, M. (1996) Readings in International Accounting. London: Routledge. Weber, C.M. (1992) ‘Harmonization of international accounting standards’, The National Public Accountant [Online]. Available at: http://www.allbusiness.com/accounting/methods-standards/339832-1.html (Accessed: 3 November 2010) Wittington, G. (2008) ‘Harmonisation or discord? The critical role of the IASB conceptual framework review’, Journal of Accounting and Public Policy, vol. 27, issue 6, pp. 495-502 ScienceDirect [Online]. Available at: http://www.sciencedirect.com/science (Accessed: 03 November 2010)

Education and Students Essay

With advancements in technology, some students have chosen to complete their schoolwork through the Internet, rather than in traditional classrooms. Those who support a traditional classroom approach to learning argue that it provides more of an opportunity for students to interact with the teacher and other students. Those who feel that learning over the Internet is better argue that it allows students to learn anytime and anywhere they choose. Do you feel education is better provided in traditional classrooms or when offered over the Internet? Write an essay to be read by a classroom teacher in which you persuade the reader that either traditional classroom education or Internet-based learning is better. With advancements in technology, some students have chosen to complete their schoolwork through the Internet, rather than in traditional classrooms. Those who support a traditional classroom approach to learning argue that it provides more of an opportunity for students to interact with the teacher and other students. Those who feel that learning over the Internet is better argue that it allows students to learn anytime and anywhere they choose. Do you feel education is better provided in traditional classrooms or when offered over the Internet? Write an essay to be read by a classroom teacher in which you persuade the reader that either traditional classroom education or Internet-based learning is better. With advancements in technology, some students have chosen to complete their schoolwork through the Internet, rather than in traditional classrooms. Those who support a traditional classroom approach to learning argue that it provides more of an opportunity for students to interact with the teacher and other students. Those who feel that learning over the Internet is better argue that it allows students to learn anytime and anywhere they choose. Do you feel education is better provided in traditional classrooms or when offered over the Internet? Write an essay to be read by a classroom teacher in which you persuade the reader that either traditional classroom education or Internet-based learning is better. With advancements in technology, some students have chosen to complete their schoolwork through the Internet, rather than in traditional classrooms. Those who support a traditional classroom approach to learning argue that it provides more of an opportunity for students to interact with the teacher and other students. Those who feel that learning over the Internet is better argue that it allows students to learn anytime and anywhere they choose. Do you feel education is better provided in traditional classrooms or when offered over the Internet? Write an essay to be read by a classroom teacher in which you persuade the reader that either traditional classroom education or Internet-based learning is better. With advancements in technology, some students have chosen to complete their schoolwork through the Internet, rather than in traditional classrooms. Those who support a traditional classroom approach to learning argue that it provides more of an opportunity for students to interact with the teacher and other students. Those who feel that learning over the Internet is better argue that it allows students to learn anytime and anywhere they choose. Do you feel education is better provided in traditional classrooms or when offered over the Internet? Write an essay to be read by a classroom teacher in which you persuade the reader that either traditional classroom education or Internet-based learning is better. With advancements in technology, some students have chosen to complete their schoolwork through the Internet, rather than in traditional classrooms. Those who support a traditional classroom approach to learning argue that it provides more of an opportunity for students to interact with the teacher and other students. Those who feel that learning over the Internet is better argue that it allows students to learn anytime and anywhere they choose. Do you feel education is better provided in traditional classrooms or when offered over the Internet? Write an essay to be read by a classroom teacher in which you persuade the reader that either traditional classroom education or Internet-based learning is better. With advancements in technology, some students have chosen to complete their schoolwork through the Internet, rather than in traditional classrooms. Those who support a traditional classroom approach to learning argue that it provides more of an opportunity for students to interact with the teacher and other students. Those who feel that learning over the Internet is better argue that it allows students to learn anytime and anywhere they choose. Do you feel education is better provided in traditional classrooms or when offered over the Internet? Write an essay to be read by a classroom teacher in which you persuade the reader that either traditional classroom education or Internet-based learning is better. With advancements in technology, some students have chosen to complete their schoolwork through the Internet, rather than in traditional classrooms. Those who support a traditional classroom approach to learning argue that it provides more of an opportunity for students to interact with the teacher and other students. Those who feel that learning over the Internet is better argue that it allows students to learn anytime and anywhere they choose. Do you feel education is better provided in traditional classrooms or when offered over the Internet? Write an essay to be read by a classroom teacher in which you persuade the reader that either traditional classroom education or Internet-based learning is better. With advancements in technology, some students have chosen to complete their schoolwork through the Internet, rather than in traditional classrooms. Those who support a traditional classroom approach to learning argue that it provides more of an opportunity for students to interact with the teacher and other students. Those who feel that learning over the Internet is better argue that it allows students to learn anytime and anywhere they choose. Do you feel education is better provided in traditional classrooms or when offered over the Internet? Write an essay to be read by a classroom teacher in which you persuade the reader that either traditional classroom education or Internet-based learning is better. With advancements in technology, some students have chosen to complete their schoolwork through the Internet, rather than in traditional classrooms. Those who support a traditional classroom approach to learning argue that it provides more of an opportunity for students to interact with the teacher and other students. Those who feel that learning over the Internet is better argue that it allows students to learn anytime and anywhere they choose. Do you feel education is better provided in traditional classrooms or when offered over the Internet? Write an essay to be read by a classroom teacher in which you persuade the reader that either traditional classroom education or Internet-based learning is better. With advancements in technology, some students have chosen to complete their schoolwork through the Internet, rather than in traditional classrooms. Those who support a traditional classroom approach to learning argue that it provides more of an opportunity for students to interact with the teacher and other students. Those who feel that learning over the Internet is better argue that it allows students to learn anytime and anywhere they choose. Do you feel education is better provided in traditional classrooms or when offered over the Internet? Write an essay to be read by a classroom teacher in which you persuade the reader that either traditional classroom education or Internet-based learning is better.