Monday, September 30, 2019

Alexander The Great In Afghanistan

Alexander the great was born in Pella, Macedonia in 350 B. C. His father who was the Macedonia King Philippe died when Alexander was 20 years after being killed in a Persia’s battle. He immediately replaced the position of his father. Alexander had several talents ranging from being smart, brave, proud and ambitious. His military and brave skills were witnessed when he took part in the battle at the age of 16. One of his ambitious dreams was to establish the world empire and become the ruler of the whole inhabited world. He had inherited his father’s idea to conquer Asia and wage a campaign against the orient.(Hornblower S, 2002). Alexander the great had made several achievements in his interest to populate the world empire with a unity nation but on the other hand his governance had some setbacks. This paper highlights some of the real achievements and failures that Alexander the great made in his time for leadership. At the death of his father when he was 20 year old, he was proclaimed to be the Czar of Macedonia. He did everything to strengthen the armies military skills, developed the army’s organizational system and lead Hellenic Campaign to the Orient.His army entered the main residence of Persia palace which was the most beautiful and had taken 60 years to be built. This action made Alexander to be the ruler of the whole orient. â€Å"Since the time he mounted the throne of Persian czars he started to demand from his subordinates to keep the oriental ritual of worship† (Alexander the great encyclopedia. ) During this period, Czar Darius was still alive and he settled in Ekbantak in Midia. Alexander sent his army to Persian Czar. Darius refused to take the battle and sought safety in flight.His empire ended after his death as a result of a wound inflicted on him. (Kaplan R, 2001). Alexander the great also confronted the rebels in the Sogdian Rock of Sisimitr. The confrontation was faced with confrontation in accessing the solgd ian noblemen who had settled in un sailable mountain which was filled with snow. These noblemen had a great influence on the population of Soldgiana. However with a promise of great reward to his warriors, 300 brave volunteers managed to climb the mountain, and reached where the noblemen had settled. The rebels surrendered as they were astonished by this action.Alexander the Great led to the spread of the Greek Culture all over his empire which affected the law and the government for a very long period. He was an open-minded man in that he integrated more Persian/Asian ideas in his empower and military. He said that Asia found many things that are worthy to be copied. (Mirzaev R, 2006). The king also encouraged the cultural, political and religious development of the western thinking. This was as a result of conquering Darius Persian Armies eliminating the Persian threat in invading Europe. This had loomed for a number of centuries.Alexander the great also lead to conquering the Mac edonia to Modern India. However, Alexander the great cut the Gordian knot which established the physical force, power and brute reasoning, over spiritualism and religious mysteries. He was defeated in India. This defeat came about due to the distance from Europe and the lack of supply lines. It essentially established the borders of European imperialism during that era of technology which remained intact through the time of the Roman Empire. Alexander the great led to disintegration of the great empire after his death.This is because his governance lacked the political and economic ties and instead relied absolutely on the military forces. He neglected his health to a point where he died. Before he died he had failed to provide an heir, and refused to designate an adult successor. His role would not have been taken by any other person because he eliminated aspirants that could have taken his role to succeed him. Neglecting to delegate his responsibility to any other person also kill ed his administrative system because he played all the duties alone.Alexander the Great had made conquest in life which was very extraordinary. This was witnessed all the way since he was 16 throughout his life in the leadership. However the overall outcome was failure due to the collapse of his governance and the rise in the Roman republic. ( Donova D. C. ) A good leader makes a better leader that him/her. (Covey S. 95) One cannot lead alone; he/she should rely on others in order to get criticism and more enlighting in leadership. Delegation of some responsibilities ensures a strong leadership because the burden of leadership is shared to different people.Delegation of responsibility also ensures that leaders focus and concentrate on certain important issues rather than shifting effort to all dimensions. Alexander the Great system of monopoly of powers led to the collapse of the government after his death. It was also followed by 50 years of warfare and also the collapse of his emp ire. The Alexander system of governance could have both positive and negative attributes that one can pinpoint in order to help one employ a right leadership.Ambition and determination irrespective of the age are important leadership attributes that could be seen and copied from Alexander’s leadership. However discouragement of successors’, dictatorship and self-centeredness in leadership should be highly criticized as it can be learnt from Alexander’s leadership. Alexander should be the blame for poor leadership in Central Asia as it did not enhance continuity. References: Jeffery J. Roberts. 2003. The origins of conflict in Afghanistan. Greenwood Publishing Group Simon Hornblower. 2002.The Greek World, 479-323 BC: Exploring Ethnic Identity on Curac? ao. Routledge Publishers Robert D. Kaplan. 2001. Soldiers of God: With Islamic Warriors in Afghanistan and Pakistan. Vintage Books Publishers R. R. Rawson. 2007. The Monsoon Lands of Asia. Transaction Publishers Mi rzaev R. 2006. Alexander the Great in Central Asia. Retrieved on 11th March 2009 from http://www. sairamtour. com/news/gems/49. html Wahid Momand. 2000. Invasion of Alexander. Retrieved on 11th March 2009 from http://www. afghanland. com/history/alexander. html

Sunday, September 29, 2019

Going Back to School

Going back to school looks good for my future financially because now of days higher education is the key to many success in life. It also requires proper time management. Going back to school can become stressful it your not prepared for it. I always planed on going back to school but after high school things didn't work out as I had plan. I am the second to the youngest in a family of five and my mother never pushed college. So I went to work thinking I graduated from high school that was good in my book. But soon I learned that good wasn't good enough I should strive to be the best not just good. so as I began to work and live on my own have children of my own we began to struggle to make ends meet. I began to switch jobs seeking the most befits and finical stability for me and my family. but still it just wasn't enough. As I began to look for jobs that could take care of my household family size I discovered that I need a degree. What are my educational Experiences In 2007 I decided to go back to school. I wanted to start of small to see if I really was going to like going back to school. So I began taking classes at a place called Action for children. At action for children you payed for your own classes out of pocket then when complete with the 4 week class you got your money back from the session you had to take as many classes as you needed to equal 120 credit hours. It was hard for me having a family and working full time but I did receive my CDA in the summer of 2007. When returning to school from summer break My job CDC Head Start had an all staff meeting and in that meeting we were told that a law had been passed for all teacher to have bachelor’s degree and the assistant teachers to have a CDA by 2013. So I was safe for know but if I wanted to continue what I love I was going to have to go back to school . So one day I was on the internet looking for help for single moms a couple of colleges came up but two of them offered online classes so I entered my information and one school keep in contact with me so in February of 2010 I began online classes at Ash ford university. The ups and downs of going back to school The ups and downs of going back to school can very from day today or week to week. Some major ups for me have been that I have learned a lot on tying parers and really enjoy the discussion board and reading and commenting to other discussions as well. The instructors and TA s have been very helpful and patient with me when I lack the knowledge or understanding of an assignment. my family is my biggest support group. Without them going back to school would be much harder. The down side to going back to school for me is time management. Being single, working full time and include time for the children s sports some days I feel were did the time go. My personal and professional goals My personal and professional as I get myself back into the swing of things the classes are becoming harder and a bit of a challenge but some how I over come them and gain more confidence in myself and the field I choose. I can see my children being very proud of there mother finishing school and earning her degree. I think this whole experience will motivate my own children to go to college as well. I don't want my children to struggle I don't want them to find them selves settling for less because of education purposes. I want them to know that there are other options available for them as they grow older and that college is very much needed for life success.

Friday, September 27, 2019

HRM Case Study on Home Depot Essay Example | Topics and Well Written Essays - 1250 words

HRM Case Study on Home Depot - Essay Example ces in which men and women were diverted to certain types of jobs based on their gender since the company believed that their productivity would be higher by placing these workers in specific areas. Home Depot separated women and men workers into two separate categories of workers. Men were given most of the floor position based on the belief that men have more general knowledge about home repairs, while women were given most of the cashier positions based on the assumption that they are more suitable for these jobs and the fact that the resume pool showed that more women have experience as cashiers than men do. The end result of this practice was that the composition of the jobs at Home Depot followed a peculiar distribution which proved Home Depot was intentionally segmenting the jobs among gender. The work employment data of Home Depot showed that 70% of men work as floor employees, while 70% of women worked in cashier positions. This type of discrimination is a type of discrimination called statistical discrimination. Statistical discrimination findings are most commonly used to detect racial discrimination cases, but the underlying principles of the discrimination apply th e same for gender bias as it does for racial bias. Statistical discrimination occurs when an employer makes a hiring or work placement decision based on subjective beliefs about the respective probability that white and black workers are respectively qualified for (People). In the Home Depot case instead of black and white the statistical discrimination occur based on man and women segmentation. The business strategy the company utilized had a solid foundation and was the driving force behind the move. Men have culturally in our society have been the ones that do most of the household repairs, thus the company wanted to capitalize on this fact in order to enhance their customer service capabilities. The company knew they were doing something illegal and wanted to hide the illegal activity

The Effect of FDI on Employment and Economic Growth in China Dissertation

The Effect of FDI on Employment and Economic Growth in China - Dissertation Example The paper relating to the above clause tends to infer whether the large volumes of foreign trade gained by the country making it second to United States suits well for the country in terms of contributing to the rise of economic growth or through enhancement in the employment level. Mainly secondary research in the form of books and journals are reviewed in the process of gaining effective inferences to the research questions. ... Objectives The first objective of the report is to evaluate the impacts of Foreign Direct Investment on the Employment scenario and patterns in the Chinese region whether contributing to social development or leading to social deprivation of the common masses. Secondly the report endeavours to understand the potential impacts of Foreign Direct Investment on enhancing or disturbing the economic potential and growth tendency of the Chinese region. Statistical reflections made from a number of government and other authentic sources would help in gaining an effective understanding. In whole the paper through the use of secondary resources in the form of books, journals and other authentic newspaper articles would endeavour to reflect on both the positive and negative impacts of the entry of Foreign Direct Investment on the Republic of China. Approach The Project would be approached through the gaining of secondary data from a large number of authentic sources pertaining to books, journal s and other articles gained from online newspapers. Use of authentic data sources available on the internet contributes on the gaining of relevant information in an authentic and faster fashion. Further the use of secondary research methods also helps the researcher in saving considerable amount of research cost, time and energy that had been largely expended in cases of primary research where survey is required through the incorporation of a third party agency. The survey to be conducted through the designing of questionnaire to be used for conducting an interview on the sample population would require the use of larger time, cost and energy for the researcher than in the case of

Thursday, September 26, 2019

Hypotheses Essay Example | Topics and Well Written Essays - 1000 words

Hypotheses - Essay Example A second booklet was then distributed with hypothetical terror act media, and with either an Anglo-American or Middle-Eastern defendant. For each of type of terror act half of the booklets had an Anglo-American defendant, and half had a Middle-Eastern defendant. Participants were asked to record their confidence of guilt of the defendant. A significant interaction effect found that participants were more confident of guilt for the Anglo-American defendant for the political terror act as compared to the Middle-Eastern defendant for the religious terror act ( = 0.25, p = 0.01). While results were contrary to the hypothesis, the high-profile terror act may have skewed results. The first hypothesis was supported in that jurors exposed to political media coverage of terror acts were more confident of the defendant's guilt, as compared to jurors exposed to religious media coverage. Additionally, the jurors were more confident of the Anglo-American defendant's guilt when they had been exposed to media about the political terror act, as compared to confidence in the guilt of the Middle-Eastern defendant for a religious terror act. ... Abshire and Bornstein (2003) found that Anglo-American jurors were more likely find to an African-American guilty as compared to African-American jurors. And Brewer (2004) reasoned that racial identification occurs, to some degree, between jurors and the defendant, dependant on the ethnicity of the defendant and the victim/s. The present results are counter to these arguments, despite the majority of the mock jury being Anglo-American. Hence, it is suggested that a degree of impartiality does exist when racial issues are not salient reasons for the terror attack.The primary limitation of this study was that the demographic characteristics of the juror's were not included in the design. As such, the sample could have been stratified to ensure equal numbers across ethnicity and gender. In regards to ethnicity, non Anglo-Americans are not a homogenous group, and there is a lack of empirical evidence to support a bias of non Anglo-Americans in being more confident of the guilt of an Angl o-American as compared to a non American defendant. Demographic data would have enabled the present study to extend on previous studies of cross-ethnic effect, as well as exploring possible gender differences. It would also have been useful to control for juror political and religious affiliations. Also, it may have been useful to determine if juror attitudes towards print media in general had an effect on outcomes. It is also recommended that future studies measure mock jury attitudes toward defendants of different ethnicities both before and after giving them a hypothetical scenario, to see if attitudes remain constant.In conclusion, this research revealed that jurors are not more confident in finding

Wednesday, September 25, 2019

Principles and Practices of Effective Leadership - Mod 2 Essay

Principles and Practices of Effective Leadership - Mod 2 - Essay Example To this end, the article recognizes the central role that will be played by emotional and cultural intelligence in developing such leaders (Hanna, 2012). There are also additional characteristics that are required for developing successful global leaders. To this end, intellectual understanding that is reflective of the global business context is one key characteristic. It refers to the ability to understand the complexities involved while conducting business globally (Hanna, 2012). The skill to overcome dominant thinking entails the capacity to appreciate the intercultural empathy and have a desire to learn about other cultures. A global leader should also have the desire for cross border partnering with teams in other countries. This skill demonstrates executive maturity in appreciating the value from other foreign and like minded corporations (Hanna, 2012). The author also states that the ability to develop and nurture local and global perspectives is a pertinent skill acquired through living and experiencing different parts of the world. The global leader also needs to have a sense of self assurance and self awareness in relation to their sense of purpose and values. Finally, the author asserts the important skill of developing internal and external networks. This aids in shifting management from a vertical perspective to horizontal collaboration. The article proposes that the global leadership qualities are developed through living in a culturally and linguistically different country. The article by Myron Curry delves into the factors that make a good leader and how an individual can develop into a good leader. To this end, the author states communication as one of the factors that establish a good leadership. The art of effective communication enables a leader to accurately articulate thoughts and ideas to employees (Curry). Evidently, the

Tuesday, September 24, 2019

The New Acropolis Museum and Ancient Greece's Architecture Research Paper

The New Acropolis Museum and Ancient Greece's Architecture - Research Paper Example The New Museum of the Acropolis is located in Makryianni district. The entrance of the museum is on Dionysios Areopagitou Pedestrian Street, which connects it to the Acropolis and the other historical sites in Athens. Many scholars have discussed the numerous similar characteristics between The New Acropolis museum and ancient Greece’s architecture varies widely. However, this paper will be discussing how the museum is similar to ancient Greece’s architecture, in not only its design, but also how it fits in the mathematical scheme of space, which is the most abstract similarity and the less noticed yet the strongest evidence. The mathematical scheme used in building the sites in Athens is based on the ancient Greeks’ believes, and the museum fits in it, which proves that The New Acropolis Museum was built to meet ancient Greece’s strategies, believes and myths and not randomly as it’s been claimed. There are three main types for concept of space, biological, symbolic, and mathematical. Ancient man has shown very clearly the biological and the symbolic scheme, in almost everything. His activities, religion, and culture played a huge role in the way towns were laid and landscape was designed. The biological and the symbolic concepts are shown clearly to the observer. It is well known that The New Acropolis Museum relates to Ancient Greece’s Architecture in many visually noticeable characteristics as it meets the clarity of Greece architecture. It has a simple exterior just like the structures in ancient Greece. The most obvious similarity is the way light was handled in the museum. Where ancient Greeks surrounded their temples with columns but left it open for direct light. The New Museum of The Acropolis was built to give the same lighting level but with using a high maintenance, heat resistant, many types of glass to light a big part of the museum naturally, and in the same way, the other historical

Monday, September 23, 2019

The impact of social on the fashion luxury consumer Dissertation

The impact of social on the fashion luxury consumer - Dissertation Example tant Facts 32 Figure 7: Age 41 Figure 8: Nationality of the respondents 43 Figure 9: Hours spend on internet 44 Figure 10: Profile on social networks 46 Figure 11: Hours spend on social networks 47 Figure 12: media use to follow fashion trends 49 Figure 13: why you use social media network 51 Figure 14: How you feel about advertising on social media 53 Figure 15: have you ever purchased a product or service based on an advertisement on a social network 54 Figure 16: which of the social media technologies you use 55 Figure 17: how many twitter followers you have 58 Figure 18: how many people do you follow on twitter 59 Figure 19: do you use social media in an official business or professional capacity 61 Figure 20: Are you a member or fan of a brand page on facebook 62 CHAPTER #1: INTRODUCTION 1.1. Overview of the research study: It is believed that Egyptians were amongst the pioneers of using luxury fashion products, as their people especially elites were very much concerned about th e way they look, moreover prejudices system was very much practiced at that time. Prominent people in order to differentiate themselves with the masses used high quality products which were well crafted, and the materials used for making these products were of supreme quality. However with the passage of time various innovations came in this world. That has resulted in changing the perceptions and shape of this world. Luxury products which were initially confined or related with elites are now being used by masses because of affluence factor. At present luxury products are being used by different people around the world and luxury brands are searching for new ways in order to target consumers. It was industrialisation and later globalisation that has resulted in changing the shape of the... It is believed that Egyptians were amongst the pioneers of using luxury fashion products, as their people especially elites were very much concerned about the way they look, moreover prejudices system was very much practiced at that time. Prominent people in order to differentiate themselves with the masses used high quality products which were well crafted, and the materials used for making these products were of supreme quality. However with the passage of time various innovations came in this world. That has resulted in changing the perceptions and shape of this world. Luxury products which were initially confined or related with elites are now being used by masses because of affluence factor. At present luxury products are being used by different people around the world and luxury brands are searching for new ways in order to target consumers. It was industrialisation and later globalisation that has resulted in changing the shape of the globe. Things that took great amount of time in their makings are now made instantly. Various developments around the world were carried out with rapid speed. In the context of businesses these developments proved to be fruitful, as their products manufacturing showed enhancement and furthermore their reach to the market expanded from small cities or villages to the far flung areas of the world. Therefore businesses in order to expand and introduce their brands globally followed various styles and endorsed their products through advertisements and marketing using print media (newspapers, leaflets etc) electronic media (radio, T.V etc).

Sunday, September 22, 2019

Police Administration Essay Example for Free

Police Administration Essay Since the early part of the twentieth century, academicians and criminal justice practitioners have debated whether police officers should be required to have a college education as a minimum qualification to be hired. Today, there is general agreement that a college education will not necessarily make a person a good police officer, but a good police officer can be made better by having one. Many police executives believe formal college education can improve critical thinking skills of officers and that is becoming a more important factor as the complexity of police work continues to increase. 1 According to a recent article in Police Chief Magazine â€Å"We expect (police officers) to understand and apply the law evenly. We expect them to grasp the nature of social problems and the psychology of people with different attitudes toward the law. We expect officers to professionally and effectively handle disputes involving people from varying cultural, racial and socioeconomic backgrounds.† 2 The importance of possessing a college degree by police officers seems to have substantial support in the literature. If the need or desire is established for the possession of a college degree by police officers, then how do they get one? Traditionally, a college program involved students attending classes at a â€Å"brick and mortar† campus. This was difficult for many officers that already had substantial work and family commitments. With the advent of online (internet delivered) college programs, it is possible for officers to enter or return to college and pursue a degree where previously it may not have been practical for them to do so. With that being said, does an online program sufficiently address the desirable attributes for police officers that the possession of a college degree represents? Historical Perspective for College Educated Police In 1916, August Vollmer, the former Chief of Police of Berkeley, California, was the first to emphasize the need for police officers to have college  degrees. At about the same time, the University of California at Berkeley began to offer law enforcement related courses.3 In 1931, The National Commission on Law Observance and Enforcement (the Wickersham Commission) gave â€Å"national recognition for higher educational standards and more professional police officers.†4 Although the issue of college education for police officers was not specifically addressed, it laid the foundation for subsequent calls to increase educational levels for police. Largely due to Vollmer’s influence, the University of California at Berkeley created a School of Police Administration in 1933, followed shortly thereafter by a similar school at Michigan State University.5 In 1936, Vollmer wrote in his book, The Police in Modern Society, that police officers should be required to have a colleg e education.6 In 1967, the President’s Commission on Law Enforcement and Administration of Justice made specific recommendations regarding increasing the level of police education. This report was followed by the passage of the Omnibus Crime Control and Safe Streets Act of 1968, which established the Law Enforcement Education Program (LEEP). LEEP, in part, provided grants and loans to officers to enroll in college and earn their degrees. This infusion of money created a large incentive for institutions to develop academic programs geared toward law enforcement. As police officers began to return to or enter college, some institutions created accelerated or nontraditional programs in criminal justice. Officers could receive credit for experience in related courses and some courses were configured so officers did not have to meet as often as traditional courses. These types of programs were usually administered through the college’s extension program. Today, many public and private institutions offer nontraditional programs that are delivered in the online or e-learning format. According to the National Center for Educational Statistics, in the 2000-2001 academic year, forty-eight percent of all four-year Title IV8 degree granting public institutions and thirty-three percent of four-year Title IV degree granting private institutions had degree programs for undergraduates that were to be completed totally through distance learning.9 Today there are an abundance of distance learning programs being marketed to police officers, especially online programs. The flexibility of the course schedule makes it attractive to busy students. Police officers can do their course work when it is convenient for them and some courses are designed to  be completed at the student’s own pace. Many departments have made strides in requiring some college education as a prerequisite for hiring but most have not. The high school diploma still exists as the most common minimum educational requirement. Even where departments have not required a college degree for hiring, many require or make it desirable to possess a degree for promotion. As early as 1989, the benefits to having educated officers were noted to include:10 †¢ Greater knowledge of procedures, functions, and principles †¢ Better appreciation of their professional role and it’s importance in the criminal justice system as well as in society †¢ More desirable psychological make-up, which includes such qualities as alertness, empathy, flexibility, initiative, and intelligence †¢ Greater range of interpersonal skills centered in their ability to communicate, to be responsive to others, and to exercise benevolent leadership †¢ Greater ability to analyze situations, to exercise discretion independently, and to make judicious decisions †¢ Strong moral character, which reflects a sense of conscience and the qualities of honesty, reliability, and tolerance †¢ More desirable system of personal values consistent with the police function in a democratic society Even back in 1978, though, researchers expressed reservations about the quality of criminal justice programs. The rapid increase in program offerings seemed to make some institutions gear their courses more vocationally than academically. Some recommendations were made to overcome what was perceived as major quality problems in college programs developed for police officers. In addition to perceived quality problems in criminal justice programs, there was a concern that police officers would take college courses just to get the degree. In 1979, Goldstein stated, â€Å"The factor that makes the whole movement toward college education for police personnel most vulnerable to attack is the emphasis which has been put on the acquisition of college credentials without sufficient concern for what is to be learned. Given the multitude of colleges and the number of people who attend them, the degree itself reflects little about the values or relevance of the educational experience.†11 Clearly, the need to ensure that a college program is delivering the appropriate academic curriculum is  critical. In the past, an officer attended a local school and it was more than likely regionally accredited. Today, online colleges can market themselves across the United States or even internationally, claiming accreditation from some official sounding group. Accreditation, curriculum, and instructor competence are all of critical importance in a college program. More than a decade ago, researchers articulated considerations that would be relevant as one considers the potential quality of an educational program. The recommendations included:12 †¢ No college credit should be given for police academy and similar training †¢ Technical and professional police subjects should be limited to a maximum of twenty-five percent of any curriculum †¢ A four-year baccalaureate degree should be the minimum educational qualification for entry into police service †¢ No one should be considered qualified to be a faculty member on the basis of experience alone †¢ Police education faculty should be held to the same standards as other college professors (i.e. Ph.D., master’s degree minimum; involvement in research and publication) These issues among others were discussed by a group of criminal justice related experts who were brought together in a nominal group setting to discuss online education and its potential effect on the future of law enforcement. The Nominal Group Panel As part of a California Peace Officer Standards and Training Command College project, a panel of interested professionals was formed to discuss future trends and events that may have an effect on law enforcement online educational programs in the next five years. It consisted of a Chief of Police of a medium sized police department, a professor who teaches online courses for a major public university and at a local community college, a deputy district attorney, a police officer who is a former high school teacher, a police officer who is a member of the executive board for a police officers association, the criminal justice program coordinator for the local community college, the editor of the local weekly newspaper, and a  counselor for a youth diversion program. There was consensus among the panel members that it is important for police officers to have a college education, and to possess the appropriate degree. The panel felt that a college education earned the traditional way (attending classes at a brick and mortar institution) was the best preparation for a person to be a police officer. The discussion included many of the issues published by researchers and criminal justice practitioners since the 1930’s. The panel felt it was critical for police officers to be socialized with diversified groups of people and exposed to differing viewpoints. The requisite skills of tact and diplomacy learned in a physically social environment, effective public speaking, and command presence are attributes that are learned and reinforced in a traditional educational setting. The panel recognized it may be difficult for a police officer to pursue a traditional degree due to family and work obligations. So what is this officer to do? Many of the officers returning to college or entering college for the first time have turned to online college programs. The panel concluded the flexibility of online educational programs was a tremendous opportunity for current police officers due to the demands of their course schedule. They also understood there was a proliferation of programs being marketed to police officers through police websites or law enforcement related magazines. Legitimate accreditation was a key concern about such programs. The panel members expressed that testing-retained knowledge could be problematic since testing is done in the same delivery format as coursework, and all tests were essentially open book. With regard to the value of such programs, panel members believed that a college degree earned through online programs was different than a college degree earned traditionally. The panel believed that criminal justice practitioners were overused in criminal justice programs especially in online programs. Their concern was the overall value of the college degree since true academic professors were not doing the teaching. They felt that for some disciplines, such as engineering, mathematics or history, an online program was sufficient. But when it came to being a police officer, class attendance and contact with other students face-to-face was preferred. The panel agreed, however, that much of what is done in a traditional setting could be done  online, such as submittal of written reports or studies and coursework assignments. The panel also felt that too much academic credit was given for experience in police work through online programs. The panel felt that rather than rely on a purely online program for an officer to obtain a four-year undergraduate degree, a cross or hybrid approach, with a traditional program could bring the desired benefits of both delivery methods. The Educational Hybrid Amy Fanter, a researcher in the field of hybrid education, noted that â€Å"Hybrid instruction, or hybrid courses refer to classes where there is a carefully planned blend of both traditional classroom instruction and online learning activities.†13 According to criminal justice researchers and practitioners (and supported by the expert panel) the most effective collegiate preparation for police officers are settings inclusive of a social environment. They should be exposed to other racial, ethnic, and diverse groups in an arena where ideas are broached, concepts discussed, and conflict is resolved through dialogue, research, and consensus. Many components of any particular course can be done using the online system (such as writing book reports, completing written requirements and posting of thoughts on issues). If a class was required to meet for a certain amount of time every week or every two weeks, or even once a month to be tested on retained knowledge, to be challenged by other students on stances taken on issues, to participate by speaking about issues, and so on, then the socializing of the officer can be effectively satisfied. No matter how effective, a distance learning program not offering this option will impact skills that might only be gained in this type of setting. Using a hybrid approach for coursework would allow for the flexibility of online educational programs and meet the some of the critical benefits of traditional programs. Those that may advocate for pure e-learning should remain mindful of the â€Å"soft skills† necessary for the modern law enforcement officer, and the best opportunities to acquire them. Conclusion The desire for a police officer to have a college education appears settled.  National commissions, criminal justice professional associations, academicians, attorneys, and courts have all expressed this view. The question remains; how does the individual peace officer best do it? Attending the traditional college program at a brick and mortar campus seems to be the preferred way. This method may not be practical for some officers, so the alternative of the hybrid approach should be considered. It blends many of the positives from both traditional and online programs. Certainly, there may be situations where even a hybrid approach is not practical. It seems Vollmer and many others would support an online program to gain at least the concepts and critical thinking skills a collegiate education offers. Progressive police agencies may take the lead to shape their future by entering into a partnership with a local public or private institution to develop a hybrid program to be implemented for their staff. In any case, police management should encourage officers and employees to return to college to earn their four-year degree. The result will be better staff and officers, and a better chance to meet the needs of today and tomorrow. ENDNOTES 1 Bueermann, Jim, â€Å"Redlands, California,† The Police Chief, August 2006, accessed February 1, 2007, available at www.policechiefmagazine.org 2 Bowman, Theron, â€Å"The Chief’s Perspective: Demolishing the Recruitment Myth,† The Police Chief, August 2006, accessed February 1, 2007, available at www.policechiefmagazine.org 3 Travis, Jeremy, â€Å"Education in Law Enforcement: Beyond the College Degree.† An address presented to the Center for Research in Law and Justice, Chicago, February 10, 1995, accessed December 19, 2006, available at http://www.ojp.usdoj.gov/nij/speeches/police.htm 4 Carter, David, Sapp, Allen, and Stephens, Darrel, The State of Police Education: Policy Direction for the 21st Century, (Washington, D.C., 1989) 1 5 Carter, David, Sapp, Allen, and Stephens, Darrel, The State of Police Education: Policy Direction for the 21st Century, (Washington, D.C., 1989) 4 6 Coons, Jeffrey, â€Å"Studies, Case Law, Quotes, Standards and Trends in Support of College Education for Police Officers.† An Information Paper for the Police Association for College Education, March 18, 2004, Accessed August 18, 2007, available at www.police-association.org 7 Carter, David, Sapp, Allen, and Stephens, Darrel, The State of Police Education: Policy Direction for the 21st Century, (Washington, D.C., 1989) 1 8 An institution that may participate in most Title IV federal student financial assistance programs, National Center for Education Statistics, accessed September 9, 2007, available at http://nces.ed.gov/ipeds/glossary/index.asp?id=465 9 â€Å"Distance Education at Degree-Granting Postsecondary Institutions: 2000-2001.† National Center for Education Statistics, accessed Sept 9, 2007, available at http://nces.ed.gov/pubs2003/2003017.pdf 10 Carter, David, Sapp, Allen, and Stephens, Darrel, The State of Police Education: Policy Direction for the 21st Century, (Washington, D.C., 1989) 10-11 11 Carter, David, Sapp, Allen, and Stephens, Darrel, The State of Police Education: Policy Direction for the 21st Century, (Washington, D.C., 1989) 24 12 Carter, David, Sapp, Allen, and Stephens, Darrel, The State of Police Education: Policy Direction for the 21st Century, (Washington, D.C., 1989) 27 13 Fanter, Amy, â€Å"Hybrid Education: The Future of Instructional Models.,† World Wide Learn, accessed September 9, 2007, available at http://www.worldwidelearn.com/education-articles/hybrid-education.html

Saturday, September 21, 2019

Gates of Fire Essay Example for Free

Gates of Fire Essay Why I chose this book: I have no particular reason why I chose this book. While searching through the commandant’s new reading list, the title of the book stood out to me. It did not seam like a boring documentary or and endless biography that goes on and on but rather an interesting read that would keep me interested. When I went to go check it out from training I read the summary on the back of the book and was immediately intrigued about the storyline. I like the adventure and thrill of the Spartans as well as reading about war battles. Give a brief description about this book: This book is about a legendary Battle of Thermopylae and the Spartan culture. In 480 BC the Persian Empire marched with a force of two million men against Greece. In Greeces defense a small army of 2,500 Greek soldiers marched out in an attempt to slow the Persian advance. 300 Spartans were among this squadron, willing to fight to the death for their homeland. The two armies crashed at the narrow pass of Thermopylae. For six days the small force held off the entire Persian army, inflicting an estimated 20,000 casualties on the enemy. On the seventh day the main Greek force withdrew. The remaining Spartan force and a small number of Thespians stayed giving their comrades time for escape. The residual Greek forces fought heroically to the death. The slowed Persian advance gave Greek forces added time to muster men and eventually repel the invasion. The author depicts the story from a Spartan soldiers squire (armor bearer) point of view. The armor bearer, Xeo, tells his life story from his youth as an outcast to his acceptation into the Spartan military. Through the eyes of Xeo, the author tells of an armor bearers duties, soldiers thoughts and attitudes, Spartas military training, and Spartas military based culture. While he tells that Sparta is a cruel and brutal military society he also tells of the beauty and love that the civilization also possesses. Tactical lessons learned from this book: Some of the tactical leassons I learned from this book come from the battle at Thermopylae. Some of the tactics that interestead me, even back in those days, is when the Spartan army first arived at Themopylae. They scouted the area to see it they could possibly be flanked by the opposing army. They rounded up all of the random people that were not part of the battle so that their opposition could not use them for land navigation. The Spartans even burnned all the fields of crops so that their foe could not use the crops for rations. It is clear to me that fighting a battle is not all about who is the better fighter. I learned that witts and logistics are key elements for victory. Leadership lessons learned from this book: One of the leadership lessons that could be learned from this book involves courage. On multiple occasions in the book the leadership tries to instill in their men the philosophy that training for war has little to do with strengthening the war fighter physically but rather to toughen the mind. Polynikes also had the men realize that any army can win a battle with its legs still under it, it is when all strength has fled and the men must produce victory on will alone. I learned that if I want my Marines to be the best, I have to expect the best as well as adopt this mentality so that I may lead by example. How can the lessons learned be used today: The spartans trained to achieve victory while face whith constant adversity. Today the younger generation has adopted the attitude of, if it can’t be done with a reassonable amount of effort, then it can’t be done and they give up. We as leaders can learn from the spartans will to push through anything against all odds. So, by pushing our Marines until they give up and then pushing them more with expectaions of exelence can be a useful tool in teaching our Marines that they can jump over the wall instead of running into it. I would or would not recommend this book to my peers, and why: The author gives interesting facts about Spartan culture, its soldiers, attitudes of religion, and gripping battle scenes. The novel is extremely entertaining and gives a fascinating insight into courage, discipline, love, and war. Based on all of these reason I would recommend this book to anyone who enjoys reading of history or war.

Friday, September 20, 2019

Synthesis of Ethano Strapped TBs

Synthesis of Ethano Strapped TBs Chapter 3 Synthesis of Ethano Strapped TBs. 3.2  Experimental Section 3.2.1  General procedure for the synthesis of ethano-strapped Trà ¶gers base. The methano-strapped TrÓ §gers base (4.24 mmol) and 1,2-dibromoethane (1.60 g, 8.48 mmol, 2.0 eq.) were dissolved in N,N-dimethylformamide (5 mL) and lithium carbonate (1.41 g, 19.08 mmol, 4.5 eq.) was added to the mixture which was stirred and heated at 110  °C for 3 days.   The mixture was cooled and suspended in ethyl acetate (100 mL) and then washed with water (2 25 mL), dried over anhydrous magnesium sulfate, filtered and evaporated to dryness.   The crude material was chromatographed (silica gel) to afford the desired ethano-strapped Trà ¶gers base products. 3.3.5  2,8-Dimethoxy-6H,12H-5,11-ethanodibenzo[b,f][1,5]diazocine X(MHK 02-60)ACT checked NMR Starting with 2,8-dimethoxy TrÓ §gers base X (1.20 g, 4.24 mmol), the crude material obtained upon work-up was chromatographed (silica gel, dichloromethane:ethyl acetate 4:1) to afford X (659 mg, 53%) as an off-white solid.   m.p. 185-187  °C (lit.ref 186-189  °C)1.   1H NMR (400 MHz, CDCl3), ÃŽ ´ 3.55-3.61 (4H, m, CH2-CH2), 3.68 (6H, s, OCH3), 4.37 (2H, d, J = 17.2 Hz, CH2), 4.55 (2H, d, J = 17.2 Hz, CH2), 6.43 (2H, d, J = 2.8 Hz, ArH), 6.62 (2H, dd, J = 2.8, 8.6 Hz, ArH), 7.07 (2H, d, J = 8.6 Hz, ArH).   The data are in agreement with those reported in the literature.1 3.3.4  2,8-Dibromo-6H,12H-5,11-ethanodibenzo[b,f][1,5]diazocine X(MHK 01-120)ACT checked NMR Starting with 2,8-dibromo TrÓ §gers base X (1.65 g, 4.24 mmol), the crude material obtained upon work-up was chromatographed (silica gel, dichloromethane) to afford X (750 mg, 45%) as an off-white solid.   m.p. 220  °C.   1H NMR (400 MHz, CDCl3) ÃŽ ´ 3.47-3.59 (4H, m, CH2-CH2), 4.35 (2H, d, J = 17.4 Hz, CH2), 4.53 (2H, d, J = 17.4 Hz, CH2), 6.96 (2H, d, J = 8.4 Hz, ArH), 7.04 (2H, d, J = 2.1 Hz, ArH), 7.17 (2H, dd, J = 2.1, 8.4 Hz, ArH).   The data are in agreement with those reported in the literature.2 3.3.2  6H,12H-5,11-Ethanodibenzo[b,f][1,5]diazocine X(MHK 01-116)ACT checked NMR Starting with unsubstituted methano-strapped TrÓ §gers base X (942 mg, 4.24 mmol), the crude material obtained upon work-up was chromatographed (silica gel, dichloromethane: ethyl acetate 4:1) to afford X (505 mg, 51%) as an off-white solid.   m.p. 169-171  °C (lit.3 174  °C).   1H NMR (400 MHz, CDCl3) ÃŽ ´ 3.53-3.68 (4H, m, CH2-CH2), 4.46 (2H, d, J = 17.2 Hz, CH2), 4.61 (2H, d, J = 17.2 Hz, CH2), 6.89-6.96 (4H, m, ArH), 7.03-7.08 (2H, m, ArH), 7.09-13 (2H, m, ArH).   The data are in agreement with those reported in the literature.3 5.3.20Di-tert-butyl-3,9-dicarbamate-2,8-dimethyl-6H,12H-5,11-ethanodibenzo[b,f][1,5]diazocine X (MHK-06-108)   Sample has a lot of ethyl acetate in it re-run both 1H and 13C NMR Starting with bis(3,9-tert-butyl-dicarbamate-2,8-dimethyl TrÓ §gers base X (5.00 g, 10.42 mmol), the crude material obtained upon work-up was chromatographed (silica gel, dichloromethane:ethyl acetate 1:1) to afford X (2.67 g, 52% with 7% methano strapped as a impurity) as a pale brown solid.   m.p. X-Y  °C.   1H NMR (400 MHz, CDCl3) ÃŽ ´ 1.49 (18H, s, Boc CH3), 2.03 (6H, s, CH3), 3.50-3.60 (4H, m, CH2-CH2), 4.40 (2H, d, J = 17.1 Hz, CH2), 4.48 (2H, d, J = 17.1 Hz, CH2), 6.08 (2H, s, ArH), 6.67 (2H, s, ArH), 7.56 (2H, br s, NH).   13C NMR (100 MHz, CDCl3) ÃŽ ´ 17.1, 28.3, 54.9, 58.5, 80.2, 120.3, 128.4, 130.3, 132.0, 134.9, 148.8, 152.9 ppm.   FTIR 1049 (m), 1182 (s), 1230 (m), 1709 (s, C=O), 2900 (m), 2972 (m), 3295(bs), cm-1.   Anal. Calcd for C28H38N4O4:   C 67.99; H 7.74; N 11.33.   Found C XX; H XX; N XX %. 3.3.38H,16H-7,15-Ethanodinaphtho[2,1-b][2,1-f][1,5]diazocine X(MHK 03-72)ACT checked NMR contains an impurity ethano strap region should be symmetric Re-run both 1H and 13C NMR grow crystals! Starting with naphthalene TrÓ §gers base X (500 mg, 1.55 mmol), the crude material obtained upon work-up was chromatographed (silica gel, dichloromethane) to afford X (113 mg, 22%) as an off-white solid.   m.p. 224-227  °C.   1H NMR (400 MHz, CDCl3) ÃŽ ´ 3.75-3.97 (4H, m, CH2-CH2), 4.90 (2H, d, J = 17.5 Hz, CH2), 5.44 (2H, d, J = 17.5 Hz, CH2), 7.27-7.37 (4H, m, ArH), 7.41-7.48 (2H, m, ArH), 7.51 (2H, app. d, J = 8.6 Hz, ArH), 7.67 (2H, app. d, J = 8.0 Hz, ArH), 7.82 (2H, d, J = 8.5 Hz, ArH).   13C NMR (100 MHz, CDCl3) ÃŽ ´ 55.2, 55.7, 122.3, 124.4, 126.0, 127.3, 127.5, 128.3, 128.6, 131.5, 132.5, 148.5 ppm.   FTIR 828 (s), 927 (s), 1137 (m), 1209 (m), 1469 (m), 2360 (m), 2900 (m), 2959 (m) cm-1.   Anal. Calcd for C24H20N2:   C 85.68; H 5.99; N 8.33.   Found C 85.73; H 5.68; N 8.59%. 3.3.72,8-Dimethanol-6H,12H-5,11-ethanodibenzo[b,f][1,5]diazocine X(MHK 04-50)The spectrum is terrible there is NO way you can claim to have made this compound see me Starting with 2,8-dimethanol TrÓ §gers base X (400 mg, 1.42 mmol), the crude material obtained upon work-up was chromatographed (silica gel, dichloromethane: ethyl acetate 1:1) to afford X (134 mg, 32%) as a colourless solid.   m.p. X-Y  °C (lit.ref A-B  °C).2   1H NMR (400 MHz, CDCl3) ÃŽ ´ 1.76 (2H, br s, OH), 3.46-3.64 (4H, m, CH2-CH2), 4.43 (2H, d, J = 17.3 Hz, CH2), 4.47 (2H, s, CH2OH), 4.56 (2H, d, J = 17.2 Hz, CH2), 6.89 (2H, app. s, ArH), 7.02 (2H, dd, J = 1.5, 8.1 Hz, ArH), 7.07 (2H, d, J = 8.0 Hz, ArH), 7.26 (2H, s, ArH).   13C NMR (100 MHz, CDCl3) ÃŽ ´ 54.6, 59.1, 64.8, 126.1, 127.5, 128.1, 136.7, 137.2, 149.6 ppm.   FTIR 750 (s), 884 (s), 1105 (m), 1195 (m), 1328 (m), 1491 (d), 1622 (s), 1701 (s, C=O), 2852 (m), 2893 (bs), 2946 (m) cm-1.   Anal. Calcd for C18H20N2O2:   C 72.95; H 6.80; N 9.45.   Found C XX; H XX; N XX %.   See me is this compound in the literature(NOT charactrised in letreature)   1.  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã ‚  Ã‚   Ishida, Y.; Ito, H.; Mori, D.; Saigo, K., Tetrahedron Lett. 2005, 46, 109-112. 3.3.82-Bromo-8-methyl-6H,12H-5,11-ethanodibenzo[b,f][1,5]diazocine X(MHK-05-18)ACT checked NMR Starting with 2-bromo-8-methyl TrÓ §gers base X (1.30 g, 4.12 mmol), the crude material obtained upon work-up was chromatographed (silica gel, dichloromethane) to afford X (1.00 g, 73%) as an off-white solid.   m.p. 209-212  °C.   1H NMR (400 MHz, CDCl3) ÃŽ ´ 2.19 (3H, s, CH3), 3.47-3.62 (4H, m, CH2-CH2), 4.37 (2H, app. d, J = 17.1 Hz, CH2), 4.53 (1H, d, J = 17.2 Hz, CH2), 4.54 (1H, d, J = 17.2 Hz, CH2), 6.71 (1H, app. s, ArH), 6.86-6.91 (1H, m, ArH), 6.97 (1H, d, J = 8.3 Hz, ArH), 6.99 (1H, d, J = 7.9 Hz, ArH), 7.03 (1H, d, J = 2.1 Hz, ArH), 7.15 (1H, dd, J = 2.1, 8.3 Hz, ArH).   13C NMR (100 MHz, CDCl3) ÃŽ ´ 20.7, 54.70, 54.74, 58.7, 59.0, 117.5, 127.7, 128.1, 129.1, 129.7, 130.1, 131.4, 134.4, 136.0, 139.2, 147.2, 149.5 ppm.   FTIR 863 (s), 944 (m), 1090 (m), 1219 (s), 1341 (s), 1476 (s), 1518 (s), 2901 (m), 2954 (m) cm-1.   Anal. Calcd for C17H17BrN2:   C 62.02; H 5.20; N 8.51.   Found C 62.29; H 5.12; N 8.68%. 3.3.92-Bromo-8-methoxyl-6H,12H-5,11-ethanodibenzo[b,f][1,5]diazocine X(MHK-04-34)ACT checked NMRReplot 13C with expansions of all picked peaks and show ACTMay need to re-run 13C with more scans not sure about some peaks Starting with 2-bromo-8-methoxy TrÓ §gers base X (500 mg, 1.51 mmol), the crude material obtained upon work-up was chromatographed (silica gel, dichloromethane:ethyl acetate 2:1) to afford X (180 mg, 35%) as a pale brown solid.   m.p. 156-157  °C.   1H NMR (400 MHz, CDCl3) 3.50-3.60 (4H, m, CH2-CH2), 3.68 (3H, s, OCH3), 4.34 (1H, d, J = 17.3 Hz, CH2), 4.37 (1H, d, J = 17.2 Hz, CH2), 4.52 (1H, d, J 17.3 Hz, CH2), 4.54 (1H, d, J = 17.2 Hz, CH2), 6.42 (1H, d, J = 2.9 Hz, ArH), 6.63 (1H, dd, J = 2.9, 8.6 Hz, ArH), 6.98 (1H, d, J = 8.4 Hz, ArH), 7.01-7.06 (2H, m, ArH), 7.16 (1H, dd, J = 2.0, 8.4 Hz, ArH).   13C NMR (100 MHz, CDCl3) ÃŽ ´ 54.7, 54.8, 55.2, 58.8, 59.2, 112.8, 113.3, 117.6, 128.8, 129.7, 130.2, 131.5, 137.5, 139.0, 149.4, 156.6, 165.6 ppm.   FTIR 805 (m), 846 (m), 1025 (s), 1066 (s), 1278 (s), 1469 (s), 1487 (m), 1594 (m), 2359 (m), 2900 (m) cm-1.   Anal. Calcd for C17H17BrN2O:   C 59.14; H 4.96; N 8.11.   Found C 59.26; H 4.72; N 8.08%. 3.3.102-Ethoxycarbonyl-4,8-dimethyl-6H,12H-5,11-ethanodibenzo[b,f][1,5]diazocine X(MHK-04-30)ACT checked 1H NMR NEED 13C NMR Starting with 2-ethoxycarbonyl-4,8-dimethyl TrÓ §gers base X (500 mg, 1.55 mmol), the crude material obtained upon work-up was chromatographed (silica gel, dichloromethane:ethyl acetate 4:1) to afford X (88 mg, 17%) as a pale yellow solid.   m.p. 182-185  °C.   1H NMR (400 MHz, CDCl3) ÃŽ ´ 1.32 (3H, t, J = 7.1 Hz, CH3), 2.17 (3H, s, CH3), 2.38 (3H, s, CH3), 3.54-3.66 (4H, m, CH2-CH2), 4.20-4.33 (3H, m, CH2), 4.49 (1H, d, J = 17.4 Hz, CH2), 4.50 (1H, d, J = 17.2 Hz, CH2), 4.60 (1H, d, J = 17.2 Hz, CH2), 6.69 (1H, app. s, ArH), 6.85-6.89 (1H, m, ArH), 7.02-7.09 (1H, m, ArH), 7.46 (1H, app. s, ArH), 7.65 (1H, app. s, ArH).   13C NMR (100 MHz, CDCl3) ÃŽ ´ 14.3, 17.8, 20.7, 54.7, 55.4, 55.4, 59.3, 60.6, 126.1, 127.8, 128.1, 129.0, 130.0, 134.3, 135.5, 136.5, 137.0, 147.2, 152.8, 166.5 ppm.   FTIR 776 (s), 833 (s), 905 (m), 1025 (s), 1215 (s), 1293 (s), 1497 (s), 1709 (s, C=O), 2900 (m) cm-1.   Anal. Calcd for C21H24N2O2:   C 74.97; H 7.19; N 8.33.   Found C 74.72; H 7.25; N 8.41 %. 2.3.118-Bromo-2-ethoxycarbonyl-4-methyl-6H,12H-5,11-ethanodibenzo[b,f][1,5]diazocine X (MHK-05-22)ACT checked NMRNeed to re-run 13C with more scans insufficient aryl peakssections of 1H MR should go in thessi with discussion see ACT Starting with 8-bromo-2-ethoxycarbonyl-4-methyl TrÓ §gers base X (5.50 g, 14.21 mmol), the crude material obtained upon work-up was chromatographed (silica gel, dichloromethane:ethyl acetate 3:1) to afford X (1.70 mg, 30%) as pale yellow solid.   m.p. 196  °C.   1H NMR (400 MHz, CDCl3) ÃŽ ´ 1.33 (3H, t, J = 7.1 Hz, CH3), 2.36 (3H, s, CH3), 3.54-3.64 (4H, m, CH2-CH2), 4.21 (1H, d, J = 17.5 Hz, CH2), 4.24-4.34 (2H, 2 x overlapping q, J = 7.1 Hz, CH2-CH3), 4.47 (1H, d, J = 17.3 Hz, CH2), 4.49 (1H, d, J = 17.4 Hz, CH2), 4.57 (1H, d, J = 17.3 Hz, CH2), 6.97 (1H, d, J = 8.4 Hz, ArH), 7.01 (1H, d, J = 2.2 Hz, ArH), 7.15 (1H, dd, J = 2.2, 8.4 Hz, ArH), 7.44-7.46 (1H, m, ArH), 7.65-7.67 (1H, m, ArH).   13C NMR (100 MHz, CDCl3) ÃŽ ´ 14.3, 17.8, 54.6, 55.0, 55.2, 59.1, 60.7, 117.6, 126.3, 128.0, 129.9, 130.2, 130.3, 131.2, 135.6, 136.6, 139.1, 149.2, 152.3, 166.4 ppm.   FTIR 827 (s), 927 (s), 1023 (m), 1150 (s), 1387 (s), 1412 (m), 11470 (s), 1704 (s, C=O), 2360 (m), 2900 (m) cm -1.   Anal. Calcd for C20H21BrN2O2:   C 59.86; H 5.27; N 6.98.   Found C 59.76; H 5.19; N 7.21%. 3.3.121,4,8-Trimethyl-2-nitro-6H,12H-5,11-ethanodibenzo[b,f][1,5]diazocine X(MHK-02-10)Need 1H and 13C NMR where are these!!! Starting with 1,4,8-trimethyl-2-nitro- TrÓ §gers base Y (500 mg, 1.62 mmol), the crude material obtained upon work-up was chromatographed (silica gel, dichloromethane:ethyl acetate:hexane 4:1:1) to afford X (153 mg, 29%) as a yellow solid.   m.p. 138-141  °C.   1H NMR (400 MHz, CDCl3) ÃŽ ´ 2.20 (6H, s, CH3), 2.36 (3H, s, CH3), 3.54-3.64 (4H, m, CH2-CH2), 4.33 (1H, d, J = 17.5 Hz, CH2), 4.36 (1H, d, J = 17.6, CH2), 4.50 (1H, d, J = 17.5 Hz, CH2), 4.65 (1H, d, J = 17.6 Hz, CH2), 6.75 (1H, app. s, ArH), 6.89 (1H, app.d, J = 7.9 Hz, ArH), 7.01 (1H, d, J = 8.0 Hz, ArH), 7.40 (1H, s, ArH).   13C NMR (100 MHz, CDCl3) ÃŽ ´ 14.7, 17.8, 20.7, 54.1, 54.9, 55.7, 57.2, 124.1, 125.0, 127.9, 128.3, 128.6, 128.8, 134.2, 134.6, 136.5, 136.8, 147.2, 152.4 ppm.   FTIR 819 (m), 1053 (s), 1185 (m), 1280 (s), 1369 (m), 1497 (m), 2359 (m), 2900 (m), 2987 (m) cm-1.   Anal. Calcd for C19H21N3O2:   C 70.57; H 6.55; N 12.99.   Found C 70.52; H 6.28; N 12.69%. 3.3.142,8-Dimethyl-4-nitro-6H,12H-5,11-ethanodibenzo[b,f][1,5]diazocine X(MHK-02-10, MHK04-66 ChromA1)re-run 1H and 13 Spectra Starting with 2,8-dimethyl-4-nitro-Trà ¶gers base X (500 mg, 1.69 mmol) and 1with heating for 5 days,the crude material obtained upon work-up was chromatographed (silica gel, dichloromethane: ethyl acetate 10:1) to afford Y (120 mg, 23%) as a yellow solid.   m.p. 168-170  °C.   1H NMR (400 MHz, CDCl3) ÃŽ ´ 2.20 (3H, s, CH3), 2.21 (3H, s, CH3), 3.42-3.63 (4H, m, CH2-CH2), 4.44 (1H, d, J = 17.6 Hz, CH2), 4.50 (2H, app. s, CH2), 4.62 (1H, d J = 17.6 Hz, CH2), 6.79 (1H, app. s, ArH), 6.87-6.94 (2H, m, ArH), 7.02 (1H, d, J = 8.0 Hz, ArH), 7.11 (1H, app. s, ArH).   13C NMR (100 MHz, CDCl3) ÃŽ ´ 20.5, 20.7, 54.4, 56.0, 58.0, 59.4, 122.0, 127.5, 128.1, 129.4, 132.2, 134.6, 135.4, 136.0, 139.4, 140.8, 146.9, 150.5 ppm.   FTIR 836 (m), 884 (m), 1021 (m), 1171 (s), 1371 (m), 1521 (s), 2910 (m), cm-1.   Anal. Calcd for C18H19N3O2:   C 69.88; H 6.19; N 13.58.   Found C 69.67; H 6.24; N 13.43%. References 1.Hamada, Y.; Mukai, S., Tetrahedron: Asymmetry 1996, 7, 2671-2674. 2.Ishida, Y.; Ito, H.; Mori, D.; Saigo, K., Tetrahedron Lett. 2005, 46, 109-112. 3.Faroughi, M.; Try, A. C.; Turner, P., Acta Crystallogr., Sect. E: Struct. Rep. Online 2008, 64, o458.

Thursday, September 19, 2019

Essay --

Clive Staples Lewis (or Jack as he was known to his friends) was born in Belfast, Ireland, onNovember 29th 1898. His mother was Florence Augusta Lewis. His father was Albert James Lewis. He had an older brother, Warren Hamilton Lewis. When Clive was young his dog Jacksie was killed by a car, he decided that his name should be changed to Jacksie, but he was later called Jack. When Clive was seven, his family moved into his childhood home, in East Belfast. As a boy, Lewis was fascinated with anthropomorphic (considering animals, objects, etc., as having human qualities) animals. He became fascinated with stories that involved talking animals and he often wrote and illustrating his own animal stories. Clive loved reading, since back when he was a child there was no television, there wasn’t much else to do. Clive’s father's house was filled to the ceiling with books, he felt that finding a new book to read was as simple as â€Å"walking into a field and finding a new blade of grass†. "The New House is almost a major character in my story. I am the product of long corridors, empty sunlit rooms, upstair indoor silences, attics explored in solitude, distant noises of gurgling cisterns and pipes, and the noise of wind under the tiles. Also, of endless books." —Surprised by Joy (C. S. Lewis’ Biography) Clive was taught by private tutors before he was sent to the Wynyard School in Watford, Hertfordshire. Lewis's brother had enrolled at Wynyard School three years earlier. The school was closed soon after Clive joined, due to a lack of students to teach. After the Wynyard School closed, the headmaster Robert Capron was admitted into to a psychiatric hospital (I Searched this and was not able to find out why he was sent to a Psychiatric Hospital). ... ...rrounding cities into The Kilns. Clive tried to re-enter the military, he offered to instruct cadets, but his offer was refused. Clive married a woman named Joy Davidman in 1956, Joy was an American citizen that had once been an atheist and had converted to Christianity like him. Joy was soon after diagnosed with bone cancer, Joy died in 1960. Clive continued raising Joy’s two sons (from a previous marriage). In 1961, Clive was diagnosed with Nephritis (inflammation of the kidneys), the Nephritis was caused by a bad blood transfusion during World War One. On November 22nd, only one week before his 65th birthday, Lewis collapsed in his bedroom at 5:30 pm and died a few minutes later due to the end stages of kidney failure. There was almost no media coverage of Clive Staples Lewis’ death due to the fact that US President John F. Kennedy was assassinated that same day.

Wednesday, September 18, 2019

Essay --

Corporate-level strategy and business level strategy are respectively operationalized in terms of interindustry and intra-industry variation, According to Donald W. Beard. Experts identify different levels of strategy and in many cases, a firm might consider that business and corporate matters are the same; but when divided into strategies, there is a difference. Largely, corporate levels of strategy deal with predominant issues that do not constantly embrace precisely business whereas business level strategy is seldom concerned with anything but the business position of the firm. Every day companies compete against each other to attain and sustain competitive advantages that go to the heart of the strategic mangement. What business should a company compete in and how these companies be managed, is a vital issue. This paper will analyze the business-level strategies, the corporate-level strategies, and the competitive environment to determine the corporation's most significant com petitor. 1. Analyze the business-level strategies for the corporation you chose to determine the business-level strategy you think is most important to the long-term success of the firm and whether or not you judge this to be a good choice. Justify your opinion. Michael Porter offered three strategic options that a firm can use to overcome the five forces and achieve competitive advantage at the business level: overall cost leadership, differentiation, and focus strategies. Each strategy has the potential to allow a firm to surpass competitors within the same industry. The first generic strategy is the overall cost leadership that requires a group of related methods that include the following: †¢ Aggressive construction of efficient-scale facilities.... ...yees fit within the corporate culture believing that truly fun-loving and spirited employees bring superior customer service through their inherent attitudes that are allowed to shine without the confining regulations and propriety that so many other airlines practice. Southwest employees routinely go the extra mile to help a customer because—by and large—they genuinely care about making people happy. Just as most other wildly successful companies, Southwest’s philosophy agrees that happy employees translates into happy customers and happy stockholders. Just how and why organizations do better than other goes to the center of the strategic management. Using Southwest model, I belive the focust stragegy play an important role for the long-term success of the organization. Such strategy enable a firm to enjoy superior performance and improve its competitive position.

Tuesday, September 17, 2019

Macbeth Essay

As Shakespeare’s tale of tragic ambition Macbeth progresses, Lady Macbeth undergoes a metamorphosis moving from a stable, loving wife, into a power hungry woman driven to madness by her own obsession for complete control. Although when the question who is ultimately responsible for Duncan’s death is asked, many will point the finger at Lady Macbeth. While she played a role in manipulating and deceiving Macbeth into committing the first act of evil in the book, we are all given free will and with that it was ultimately his final decision to kill Duncan. In the beginning it started with Macbeth being given the title of ‘Thane of Cawdor’ in Act 1 scene 2 when Duncan said † and with his former title greet Macbeth, what he hath lost, noble Macbeth hath won† (Shakespeare, I,ii, 3,5). This was the first feeling of power that Macbeth had in the play. It did not change him in the way you would think it should have, he was humble and accepting of the new title but the moment the witches told him the prophecies is when I believe he subconsciously started to desire more power than he already had. In Act 1 scene 2-3 when Macbeth meet the three witches and they gave him the prophecies; â€Å"All hail, Macbeth! hail to thee, Thane of Glamis! † then â€Å"All hail, Macbeth! hail to thee, Thane of Cawdor! † and finally â€Å"All hail, Macbeth, that shalt be King hereafter† (Shakespeare, I, ii, 50-53)! After hearing this Macbeth sent a letter explaining to his wife, Lady Macbeth about the three prophecies. When she read that one of the prophecies had already came true and the next one was for Macbeth to be king she wanted to kill the king and knew how she would do it. She could taste the power that she could have, and it was the only idea driving her thoughts. As William Pitt once said â€Å"Unlimited power is apt to corrupt the minds of those who possess it. † Lady Macbeth had yet to posses the power yet it had already bastardized her thoughts. In Act 1 scene 5 when Lady Macbeth says â€Å"Come, you spirits That tend on mortal thoughts, unsex me here and fill me, from the crown to the toe, top-full of direst cruelty† (Shakespeare, I,V,41-44)! She was asking for them to make her strong, to take away her morality and in its place leave pure cruelty. When Macbeth finally returned home to his wife she already had a plan to kill Duncan so that Macbeth would be king and more importantly she would be queen. As much as Macbeth tried to plea with his wife not to kill the king, that they had what they needed and the king had just recently honoured him by giving him the title of Thane of Cawdor. However no words could change her mind. It was not until she questioned his manly hood by saying in Act 1 scene 7 â€Å"What beast was’t then that made you break this enterprise to me? When you durst do it, then you were a man; and, to be more han what you were, you would be so much more the man† (Shakespeare I,VII,53-57). At this point Macbeth felt like he had no other choice but to please his wife, so he agreed to the plot to assassinate Duncan and with that threw away any morality he had left in him. While Lady Macbeth might have been the driving force behind the assassination, it was ultimately Macbeth who chose to kill Duncan. While it might not have been clear in the beginning he had a deeper thirst for power than his wife which is prominent in Act 3 scene 1 after he has been crowned king and is peaking to two murders to go kill Banquo and his son because they are the only ones who threaten his seat on the throne. â€Å"Both of you know Banquo as your enemy†(Shakespeare III,i,124-125). Macbeths craving for power drove him mad and caused him to kill many people, and while it’s not clear the reason for the third murderer, it is believed Macbeth sent him to kill the other two once the job was done. He became so paranoid with the power that he had that he began to trust no one but himself and would do anything to keep his new title as king. As Lord Acton said, â€Å"Power tends to corrupt, and absolute power corrupts absolutely. Great men are almost always bad men. † Macbeth was tormented by what he had done that he began to have delusions which ultimately lead to his own murder. As Shakespeare said â€Å"and a long farewell to all my greatness† (Henry The Eighth Act 3, scene 2, 351). Due to Macbeths obsession to gain power and retain it, led to the death of Duncan, Banquo and many others. Also more importantly the death of himself, causing him to have to leave the greatness and power he strived so hard to obtain.

Monday, September 16, 2019

How Global Economic Environment Is Affecting International Marketers

How Global Economic Environment is affecting International Marketers? ——–By Md. Jafar Sadique, MBA, Southeast University Bangladesh 1. Introduction: International business is taking different shades and is unavoidable today. This dynamic world is rapidly changing to the extent that is has been reduced to a â€Å"Global village†. The truth is, we are going through the most severe global financial crisis since the days of Great Depression. Originated in USA, economic recession is affecting all the major players of world economy. Governments and major policy makers of world economy have taken notice of the urgency of the situation and frantic steps are undertaken to stem the rot. At the core of the term ‘recession’, spirals of several financial mistakes are intermingled. Many global opportunities have arisen because of the clustering of market opportunities worldwide. Organizations have found that similar basic segments exist worldwide and, therefore, can be met with a global orientation. Markets are becoming more complex, workforces and business partners are becoming more diverse, thus challenging professionals not only managers to play a more dynamic role in their international business companies more then ever. Professionals have started to compete in the challenging world of international business management by equipping themselves with advanced studies for international business management and mastering the complexities of managing businesses across cultural and political boundaries becoming highly productive international managers and enhancing their company’s global competitiveness. 1. 1 Origin of the Report: As a requirement for the completion of the course- International Marketing, I need to submit this report- How Global Economic Environment is affecting International Marketers? This includes an overview of global economic environment & present global economic downturn. 1. 2 Objective of the Report: The primary objective of the report is to fulfill the requirement for completion of course: International Marketing. The secondary objective of this report is to understand the global economic environment & present global economic downturn. 1. 3 Methodology: In order to obtain the objectives of this report, secondary source has been used. Secondary data has been collected from periodicals and journals, websites etc. 1. 4 Limitation: Adequate efforts have been taken to accomplish this report according to the objectives. But it was not possible to gather comprehensive information & articles on the given topic, which would obviously give better result. 2. Global Economic Downturn: The words economy and recession have become commonplace terms ever since the fall of the Lehman Brothers group in the USA. The resulting fallout has shattered many companies and left millions of people poor, jobless and homeless. The impact of this global recession has raised many questions in the minds of people. Even those who had no inkling of what the words economy and recession meant are suddenly asking questions. Unfortunately, there not many answers forthcoming, and those that are, are shrouded in high brow financial jargon. 2. 1 What is a recession? A recession is defined as a prolonged period of economic slowdown. This slowdown is characterized by a decrease in the purchase of consumer goods, a decrease in the production of goods, an increase in unemployment, a decrease in salaries and incomes, and an unhealthy stock market. These conditions have to prevail for at least six months in order for an economic slowdown to be classified as recession. 2. 2 What caused the present recession? There are many different factors that actually trigger a recession. Identifying all these factors takes a lot of time and research. However, one of the precipitating factors that have led to the closure of at least 16 major American banks, including the Lehman Brothers, is the practice of issuing high risk home loans. What happened is very simple. Over the years, many banks in the US started the practice of offering home loans to high risk individuals, i. . , individuals who had a high probability of defaulting on their loans. The banks justified this move by saying that even if these individuals defaulted on their loans, the amount could be recovered by selling off the property in question. Over a period of time, many of these individuals defaulted on their payments, as was expected, and the banks put the properties back on the market. However, when so many properties were put on sale at the same time, the property prices, which were already over inflated to begin with, plummeted. The unprecedented drop in property rates proved fatal for banks that had already invested most of their money in these speculative deals, and they were forced to close down. The collapse of these banks is just one of the indicative causes of the present recession. The roots of this recession can be said to lie in over-inflated property prices, oil prices, and commodity prices. Artificially inflated prices are typical of a profitable market. When the market is doing well, the sellers eventually become greedy and raise the prices. All is well, as long as the buyers continue to be able to afford the inflated prices. However, the day the prices reach a level where the majority of the buyers cannot afford them, a crash in the prices, and consequently a recession, is inevitable. 3. Present Global Economic Environment: The year 2008 marks a major transition in global economic and social development with the waning of the era of cheap and plentiful fossil fuels, accelerating pressures on commodity prices, particularly those of food, and worsening impacts of climate change on livelihoods and well-being as well as a slow-down in the growth of the world economy from the 3. 8 per cent registered in 2007 to an estimated 1. per cent in 2008. These factors are increasing inequalities and risk compromising the achievement of the internationally agreed development goals, including the Millennium Development Goals by 2015. Bold and concerted policy action by both developed and developing countries can, however, serve to improve global economic and social performance in 2008 and 2009. Additionally, a reformed i nternational reserve system and better financial regulation and safety nets would help improve financial conditions and confidence to prevent the recurrence of similar crises. . 1 A severe economic downturn: According to the World Economic Situation and Prospects 2008 mid-year update, the global economy is teetering on the brink of a severe economic downturn. The deepening credit crisis in major developed market economies, as triggered by the continuing housing slump, the declining value of the United States dollar vis-a-vis other major currencies, persisting global imbalances, and the soaring oil and non-oil commodity prices are slowing growth of the global economy. Without aggressive and coordinated expansionary policies, a more pessimistic scenario could occur, which could trigger a disorderly unwinding of the massive global imbalances and have drastic implications for global trade and finance. In addition, the steep rise in food and energy costs is compounding the downside risks, particularly in view of the unfolding food crisis, which poses a threat to social and political stability. The dollar may still decline another 15 per cent in value under this scenario in 2008, although slackening demand may dampen further oil price rises so as to achieve an average price of $95 per barrel for the year. What is needed in response to this crisis is a multilaterally-coordinated stimulus package centered on the expansion of domestic demand in surplus countries, while staying within existing fiscal capacity; deep reforms in mechanisms of international financial regulation and supervision; and meeting emergency food needs, while setting longer term strategies for alleviating supply constraints and improving food security. According to Rob Vos, Director of the Development Policy and Analysis Division, â€Å"the United Nations system, including a more inclusive IMF, should take the lead in forging concerted policy action and address the food crisis. A concerted macroeconomic policy action plan would involve reducing global imbalances while avoiding an economic downturn, including a rebalancing of domestic demand between surplus and deficit countries and a smooth realignment of exchange rates. More importantly, the root causes of the imbalances need to be addressed to prevent their reappea rance in the future, through measures such as reforming the international reserve system and strengthening financial regulation and safety nets. A multilaterally-coordinated stimulus package for the global economy would include the expansion of domestic demand in surplus countries as well as more proactive public policies. Several industrial economies such as Japan, Germany, Switzerland, the Netherlands, Norway and Canada, as well as the emerging market economies of East Asia and the main oil exporters can help through expansionary domestic fiscal and monetary policies. Surplus countries can gain much from using their accumulated reserves to generate income, employment and improve wealth distribution at home. For its part, caught between addressing its twin trade and fiscal deficits and the grimmer prospect of a recession that may reduce GDP by 0. 2 percent in 2008, the United States has opted for expansionary domestic monetary and fiscal policies. However, the recovery of the United States economy will also need the external stimulus of increased demand for its exports from its major surplus trading partners through an expansion of their economies. Against the backdrop of the global macroeconomic slowdown, the present food crisis presents an additional threat to human well-being. Addressing the food crisis requires internationally-concerted measures. In addition to the emergency assistance spelled out by the World Food Programme, the Food and Agriculture Organization and the Office of the Humanitarian Coordinator, major policy reforms are required in developed and developing countries to achieve a sustainable solution to the crisis. Abolishing agricultural subsidies in developed countries will probably benefit farmers in developing countries in the long run, despite causing short-term world food price increases. The food crisis reflects both a long unheeded problem of low agricultural productivity in developing countries and the poor’s lack of access to affordable food. In the long run, increasing productivity through investments in water supply, infrastructure, improved seeds and fertilizers, education and agricultural research and development will be essential not only to deal with the present food crisis, but to allay persistent and widespread rural poverty. Improving access of producers to agricultural land, affordable inputs, and infrastructure would increase the productivity of food production and lead to significant reductions in rural poverty and better nutrition. Agriculture must, therefore, become a policy priority at both the national and international levels. For a lasting solution to the current global economic crisis, both financial regulation and the international reserve system also need to be revised. Reforms of both national and international financial regulation and supervision are needed and policy makers need to pay more attention to preventing the harmful effects of financial exuberance. Under present banking and finance rules, risk assessments tend to react to problems after they have occurred rather than foreseeing or forestalling them. By way of example, lenders are required to raise more capital only after liquidity problems occur rather than in anticipation of them. Current national regulations and international regulations such as the Basel II agreements, which have been crafted on risk assessment models developed by commercial banks themselves, are insufficiently geared to address contagion effects of crises across countries and markets or the herd behaviour of financial markets. Deeper regulatory reform, motivated primarily by the public interest, is urgently needed to avert future crises such as the recent sub-prime mortgage debacle and the resulting housing slump. The international reserve system, too, is in acute need of reform. Under the current system based on the United States dollar as the reserve currency, the only way for the rest of the world to accumulate reserves is for the United States to run an external deficit. Over time, such a pattern inevitably erodes the value of the dollar, enhancing costs for countries to continue to hold vast amounts of reserves, and this may well cause a run on the dollar, probably with strong destabilizing consequences that will be felt worldwide. The emergence of a new, supranational currency, based on scaling up Special Drawing Rights, the international unit of account based on a basket of currencies, is probably the ideal solution for redesigning the global reserve system in a stable way, but will require nimble negotiation and considerable building of political will over the long-term. The more immediate and feasible reform would be to promote an officially-backed multi-currency reserve system. By diversifying their reserve holdings away from the dollar, many surplus countries have started to move in this direction. This concept should prove as compelling as the pursuit of a multilateral trading system. Similar to multilateral trade rules, a well-designed multilateral financial system should create equal conditions for all parties and avoid unfair competition and an asymmetric burden-sharing of exchange-rate adjustments. It should also help to increase stability in the international financial system. 3. 2 Lasting systemic reform: The way out of the present global economic crisis will involve coordinated domestic and international policy actions in the short term and deep reform of the financial and trading system in the long term. The present crisis cries out for the type of concerted and people-centred reform that only a truly multilateral system such as that of the United Nations can spearhead. The five-year review of the International Conference on Financing for Development in Doha from 29 November to 2 December provides a golden opportunity to chart out an authentically multilateral and just reform of the international financial system. Likewise, a successful conclusion of the Doha Round of Trade Negotiations so as to favour economic and social development in all countries through a fairer trading system, will also contribute to more stable global economy. Ultimately, it is the active involvement of citizens in developed and developing countries, concerned about the negative welfare effects of financial and commodity crises such as the present ones, which can pressure their governments to affect such systemic reforms with human well-being in mind, rather than financial interests alone. Transparent and inclusive multilateral forums, particularly those of the United Nations system, with broad multi-stakeholder involvement, can show the way. 3. 3 In what way has the global economy changed in the last 50 years? The Global economy has experienced the following changes: ) Capital movements rather than trade have become the driving force of the global economy. b) Production has become â€Å"uncoupled† from employment. c) Primary products have become uncoupled from the industrial economy. d) The world economy is in control. Reasons: a) World trade is some US$ 3 trillion, whereas the London Eurodollar market – alone is some US$ 75 billion per annum and foreign exchange transactions were US$35 billion per annum. Interest and exchange rate – gains are often more lucrative than investment in goods and services manufacturing. b) Employment is in decline while manufacturing either grows or remains static. Sectors are becoming more productive, with injections of capital equipment and new technologies. c) Commodity prices may collapse but industrial economies can be unaffected. d) World trade is recognized as vital to economies as domestic growth slows down and opportunities overseas grow. Growth achievable in international trade is often at a greater rate than domestically and the returns higher. 3. 4 Recent Global economic condition and Bangladesh: At present the overall economic condition of the globe is not of good shape at all and the world is facing this type of economic disaster for the first time after a long period. The first world countries are facing this problem very strongly. Basically after the incident of 1/11 in USA, the economic crisis began to start and it affected the whole global economic condition very slowly. The main reason of this crisis is, the overall economic activities of USA are very much related to the whole world, as its economy is controlling economy of the world. Basically, the western world people are very much familiar with the credit card facilities and the financial intermediaries of that region are very much active for providing this type of facility to the general people by taking a lot of risk. They only believe in â€Å"Risk is proportional to return† and this belief back-fired them and most of the high risk taking financial intermediaries of that region faced bankruptcy. This is just because of very aggressive marketing strategy of those financial intermediaries. They provided loans to the general ultimate consumers very aggressively and could not get it back in the due time that means they provided a lot of flexibility to the customers and their recovery strategy was not so much aggressive. In other words, we can say that the monitoring activities of the central bank of that particular region was not that much strong or rude to recover the provided loans to the customers. They also believe that they have got asset but not enough liquid money and that is why they took risk and the result is the present odd situation. Bangladesh is also starting to face the economical disaster situation, as it is getting grants from the first world countries as well as from their controlled international organization like – WHO, World Bank, UNDP, UNICEF, WTO, IMF and some others. These welfare organizations are starting to stop funding in various less important projects that are already running or going to be started to run in this developing country. Besides, the people outside Bangladesh who are basically Bangladeshis are sending less remittance than the recent past. It causes less money supply in the inside overall economy of this country (Bangladesh). As our country is partly dependent on the foreign remittance, we face a lot of problem for the less amount of foreign remittance. Moreover, our export volume is also becoming smaller and smaller for the global economic crisis, which also shorten our incoming foreign currency and it also affects the overall money supply of the country. Not only that, the first world people is also trying to avoid buying high graded consumer products that means luxury products and they also want to buy the existing market products in the lesser amount than the recent previous time and that is why the bidding price that the garment factories of Bangladesh have got from the outside agents is also becoming lower and it affects the profit margin of them as well as their sustainability. For the global economic crisis, many Bangladeshi people, who are working in the foreign countries, are loosing jobs and they are coming back to their motherland. Besides, many other Bangladeshi people are in the pipeline to loose their running jobs. So, as a whole, we are going to face a very big problem in the upcoming very recent future years. 3. 5 Global Economy Helps The Entrepreneur: The world economy connects us all; regardless of where we live, where we shop and who we work for. When this global economy blooms, we all potentially benefit. But when it declines, we all potentially suffer. The key word in both statements however, is potentially. Because regardless of how all-encompassing the world economy is, we each, to varying degrees, control our own destinies. Turmoil in the international financial markets invariably leads to problems in our own financial markets. So if you work for or are affiliated with a company that does business on Wall Street, or if it's traded there, global financial problems will have a direct affect on your company, and on you. Unfortunately, there is little you can do about this-other than to work elsewhere-because the forces at work are well beyond your control. Conversely, if you work for yourself, you still face potential threats, but you have more control over the outcome. One of the things we're seeing as we approach the 2008 Holiday Season is increasing tension in our domestic economy. Many analysts are predicting that this year's holiday retail sales numbers will be at an all time low. Circuit City, a huge and very successful company, has declared bankruptcy because it can't pay its bills. News like this causes people to tighten the hold on their pocketbooks. Even if they're not directly affected, they reign in spending and assume a far more cautious outlook. This all comes back to your privately owned small business. Even if you're self employed in a bricks-and-mortar business-that operates on Main Street, not Wall Street-it is quite likely that the economic tsunami will reach your doorstep as well. Frustratingly enough, there's not much you can do about it. But we as a nation are entrepreneurial problem solvers. Like our fathers did before us, we face challenges, and overcome them. As you face these financial threats, consider options that will allow you to rise above the fray. Look for a business you can run from home, but that gives you global reach. Find an online opportunity that provides systems, training and support. Look for a solution that can provide long-term financial security and freedom for you and your family. As you consider these options, you'll know what's right, and what's not. Follow your heart-and trust your judgment. 4. How Global Economic Environment is affecting International Markers? An overview: In the past fifty years the global economy has changed rapidly. Particularly marked has been the development of world economic integration and standardized products. Coca Cola, Nissan and Marlboro cigarettes are examples of products which serve nearly every market. Generally there have been four major changes: ?Capital movements rather than trade have become the driving force of the global economy ?Production has become â€Å"uncoupled† from employment ?Primary products have become â€Å"uncoupled† from the industrial economy and, ?The world economy is in control – individual nations are not, despite the large world economic share of the USA and Japan. Taking each of these changes in turn, world trade is about some US$ 3 trillion, however, capital movements are much higher. The London Eurodollar market is worth about US$ 75 trillion per annum and foreign exchange transactions are US$ 35 trillion per annum. Another change is the decoupling of employment from production. Employment is in decline whilst manufacturing output is growing or remaining static at 20-25% of GNP. Sectors such as agriculture, are achieving higher productivity through mechanization but this is at the expense of employment. Still another change is the decoupling of the primary product market from the industrial economy. Many commodity prices have collapsed, for example tea, yet industrial economies have been relatively affected. Unfortunately the prime producers have been dramatically affected. Finally, the most significant change is the change of focus from domestic to the world economy as the chief economic unit. This has been grasped by Japan and Germany, but not really by the USA, or Africa. These factors have repercussions on exporting by developing countries. Firstly with developing countries' emphasis on the export of primary products, they are at the mercy of world supply and demand movements, with the resultant fluctuations in prices. Depressed world market prices can have a deleterious effect on developing economies. Secondly the rapid globalization and focus away from domestic economies has created global competition and in turn, this has pushed up quality. Generally speaking, unless developing countries can break into non-comittally based products they are being further left behind in the global economic stakes. However positively, whilst developed worlds concentrate on industrial and service products it leaves opportunities for developing countries to export more food based products. 4. 1 Affecting factors: Patterns of trade: Most industrialized nations trade with each other. This had led to their continued domination. Particularly the USA, Western Europe and Japan which between them have 66% of world GNP and trade. In 1985 industrialised trade to other industrialised countries accounted for 47% of trade, next came developing countries to industrialised (15%), and finally industrialised to developing countries (13%). Political influences can also be seen between trading partners, for example Zimbabwe's trade with China. Marketers need to identify trading patterns between nations and product trading patterns. East-West trade and West to the former communist bloc is likely to grow at the expense of North-South trade. Balance of payments: This is the measure of all economic transactions between one nation and another. The balance of payments is made up of the current account, showing trade in goods and services; and the capital account, which shows financial transactions. In 1989, after official transfers, the USA had a US$ 109,242 million deficit on its current account, Japan had a $ 131,400 million surplus, Tanzania a $ 778,5 million deficit and Zimbabwe a $ 2,783 million deficit. The balance of payments account helps marketers select the location of supply for foreign markets and the selection of markets. The capital account may show the nations which have control restrictions and hence be difficult to deal with. In this regard, African nations are generally disadvantaged. Government policy: This refers to the government measures and regulations which have a bearing on trade – tariffs, quotas, exchange controls and invisible tariffs. These can cause formidable barriers to marketers and will be dealt with at length later. World Institutions: Institutions like GATT and the United Nations Conference on Trade and Development (UNCTAD) have been of help to countries in their development. GATT had over 120 members and associated and accounted for 80% of world trade. Its intention was to create a general system of preferences and negotiate tariffs for members' products on a nondiscriminant basis and provide a forum for consultation. The Kennedy Round of the 1960s was superseded by the Tokyo round of the 1970s and that by the current Uruguay round signed in 1994. UNCTAD furthers the development of emerging nations. It seeks to improve the prices of primary goods exports through commodity agreements. It also established a tariff preference system favouring developing nations. Regionalism: Regionalism is a major and important trade development. Some regional groupings have either market (EU) or command (China) or mixed economies (former communist countries and The Preferential Trade Area (PTA) and The Southern African Development Community (SADC). With these developments, free trade zones have occurred (all internal barriers abolished) economic unions (the EU), export pricing zones (Mauritius) and other schemes. The major regional economic organisations are: Acuerdo de Cartegna (Andean Group), Association of South East Nations (ASEAN), Asian Pacific Rim countries (APC), Caribbean Community and Common Market (CARICOM), Central American Common Market (Mercado Comun Centro Americano), Council of Arab Economic Unity, Economic Community of West African States (ECOWAS), the European Union (EU), Latin American Integration Association, Organisation Commune Africane et Mauricienne, Preferential Trade Area (PTA) and the Southern African Development Conference (SADC). A principal collapse has been the Council for Economic Assistance (COMECON) with the disappearance of the communist bloc in Eastern Europe. Of these blocs, the EU (reporting 33% of world trade) and EFTA are very important. To counteract the growing power of the EU, the USA and Canada have entered into an agreement with Mexico as a willing partner and created the North American Free Trade Agreement (NAFTA). These blocs are of various form, power, influence and success. ASEAN is a collaboration of industry and agriculture, PTA in tariffs. SADC and PTA have had historically little impact but are now beginning to grow in importance in view of the normalisation of South Africa. The EU, North American Union and the Pacific Rim Union will pose the greatest power blocs in future years. Many developing countries have entered into trading blocks as a reaction against loss of developed country markets or as a base to build economic integration and markets. The development of trading blocs can bring headaches and advantages to trade. It is worth comparing the European Union, a relatively well developed bloc, with SADC and the PTA which are well developed. SADC and PTA are described in a little detail in appendix one and two of this chapter. The international financial system: Global financing operations based on the gold standard gave rise to instability, so Bretton Woods, post World War II, saw the nascence of the International Monetary Fund (IMF) and World Bank. The IMF deals with the International Monetary System. Involved countries joined IMF to establish a par value for other countries in terms of the US dollar and maintain it with +/- one percent of that value. The system fell down because large corporations were holding more funds than banks and so a â€Å"float† set in. IMF began to fade somewhat. However it still lends, on a short term basis, to countries with payment problems to help them continue trading. The World Bank, or International Bank for Reconstruction and Development (IBRD) deals with international capital. It provides long term capital to aid economic development. Currently it has about US$ 22 billion annually for this operation. The role of the World Bank has often been criticised especially on its conditionalities for loans to Africa in funding structural adjustment and trade liberalisation programmes. However many developing countries require institutional funding to help them with trade and balance payment problems. Other major lenders include the EU and bilateral donors and agencies who have provided money for developmental projects. A principal donor is the United States Agency for International Development (USAID). Size of market: General indications of market size include population (growth rates and distribution) and income (distribution, per capita, GNP). a) Population: In general, the larger the population, the bigger the market. However there is no correlation between income level and population. China has 2 billion plus people, India 1 billion, Zimbabwe 8 million. However, they do not have the same income per capita as the USA or UK. In 1993 the USA population of 252. 2 million, the UK 57. 4 million and Africa 400 million, were respectively 6%, 1. 5% and 9% of the world's population. However the USA and UK had an infinitely higher GNP per capita income than Africa, US$ 22,520, UK $17,300 and Africa $ 270 respectively (1989). Different countries experience different population growth rates. In the early 90s, the UK had an annual growth rate of 0. 1%, the Ivory Coast 6%, and Africa in general, 3% per annum. Low income countries and oil rich countries have the largest growth rates. Growth rates have a dual edge – they are good for sales but bad for world resources. The world population, currently standing at 5 billion is experiencing a rapid growth rate. It is expected to reach 7 billion by the end of the century. The strain on world resources is likely to be very large. The distribution of the population is also important. Different age groups have different needs and population density should mean good market potential, the higher the better. The Netherlands have 1000 persons per square mile, Bangladesh 1,791 but the USA only 65 persons per square mile. However, the USA spends more per capita than Bangladesh b) Income: No one has yet been able to assess accurately the impact of the AIDS pandemic on world population and economic activity. South Africa estimates AIDS will cost South African industry R16. 7 billion by the year 2000 (Business Herald – Nov. 24. 1994). Suffice to say, unless a cure or prevention is found, it could be serious, especially in Africa and South East Asia, the world's â€Å"hot spots† Income is the most important variable affecting market potential. Markets are not markets without money to spend. Interestingly, there is an inverse correlation between GNP per capita and income elasticity of demand for food. Asia has a 0. 9 income elasticity of demand and the USA 0. 16. The distribution of income is very uneven. In Kenya the lowest 20% of the population receive less then 3% of national resource. This bimodal distribution of income means marketers must analyse two economies in a country. Per capita measures have therefore, many limitations. Per capita judges a country's level of economic development and its degree of modernisation and progress in health, education and welfare. Half of the world's population lives with an average per capita income of only US$ 270. Per capita is usually reflected in US dollars and is only valid for comparison if exchange rates are equal. Exchange rates reflect international goods and services in a country but not domestic consumption. Another limitation of per capita measures is the lack of comparability with the figures themselves. The US budget contains food, clothing and shelter. In many of the less developed nations these items may be largely self provided and therefore not reflected in national income tables. Also in the UK, snow equipment is included, and this is not, obviously, in Africa and parts of Asia. Other limitations are that sales of goods are not well correlated with per capita income and if there is great unevenness in income distribution, per capita figures are less meaningful. Product saturation can be equally troublesome in affecting market potential. A vacuum cleaner in the Netherlands has a 95% household penetration rate, but only 7% in Italy. International Business in Global Financial Crisis: The subprime crisis of the big power has led to the global financial crisis. It seems that such an expression overstates the strength of the big power. But we cannot ignore the economic globalization which makes economic communities connect with and affect each other positively or negatively. In the financial tsunami hitting every corner of the world, what are the status quo and future trend of international trade? First of all, it is necessary for us to look at the trade chain: raw materials – finished product processing firms (manufacturers) – (suppliers – trade companies) – logistics companies – importers – wholesalers – retailers- end consumers, financial service providers such as banks, and Internet platforms for international trade led by Alibaba. On the chain, all the elements are interactional and can transmit to each other. Price transmission is a key element. Rate of exchange influences trading price. We can begin with importer, one of initiators of trade. With the global financial tsunami seeming to gradually calm down, a procurement manager working with a large company that was founded one hundred years ago talked about their current situation: we are now facing extremely high pressure in retail and need to reduce retail prices of our products in market. The manager urges suppliers to cut down price with three simple reasons: 1. Against the background of current financial crisis, prices of raw materials have decreased; 2. Significant reduction in prices of energy products such as petroleum means lower freight and storage cost; and 3. With the decreasing and stable amplitude of the financial crisis wave, rate of exchange will tend to level off and rise. Then why do suppliers need to reduce their prices? Because the consumption end of commodities is facing much lower purchasing power of the country due to the financial crisis. The information from the consumption end is that the consumer confidence index goes down and end consumer groups (including corporate and individual procurement) reduce their costs, expenses and consumption. With such a weak market, merchants can only use price reduction as their sharp tool to stimulate consumption. Merchants promote psychologically by enabling consumers to buy the same goods as before with less money. Wholesalers and retailers in the middle of the chain deliver goods on the chain from one level to another. During this course, they gain profits and ensure normal circulation of goods. Their sensitivity to price and inventory leads to importer’s action mentioned above. As for wholesalers facing high retail pressure, lower purchasing power and weak sales, price is the only and effective solution to improve sales. As for consumables, those who are able to provide the market with inexpensive commodity with proper quality will have a large market share, no matter they are wholesalers or importers. This is low-price transmission resulting in larger trade volume. With increasingly stable financial community, trade will tend to be active and large in size when consumers have suitable savings and their purchasing power and consumption confidence index rise. Maybe experts and scholars then will conclude that the crisis has ended and economy begins a recovery journey. When it comes to the bulk commodity market, economists say that its bull market has ended since crude oil price peaked. Those people trading at the peak of the bull market have made a great loss due to substantially lower price. The time for them to recover from such a loss may be longer than that for the crisis to come to end. Therefore, goods at low price will be favorites of people in a certain period of time. Next, we will discuss the price transmission from the perspective of suppliers. With the global financial tsunami directly leading to significantly shrunken trade volume, it is truly a thorny problem to retain customers while continuing to make profit and reducing risks and losses in such an environment. To maintain its normal operation, supplier may adjust prices of its products or accept orders and deposit foreign exchange if rates of exchange fluctuate narrowly, waiting for further stabilization and rebounding of exchange rate. They look like those who are bundled to stocks purchased at high prices and wait for being unbundled and reducing loss. Prices of products from suppliers will be influenced by that of raw materials. It can not be ignored that the crisis directly makes many small-and-middle-sized enterprises (SMEs) go bankrupt, or stand on the verge of bankruptcy, or reduce their employees. As an Internet trade platform, Alibaba, which has a close relationship with those SMEs, said that the next few years will be a winter in its operation. A lot of SMEs get orders, generally small ones, through Alibaba. Due to the crisis, there are no longer any small orders from Alibaba for those SMEs. With the economic depression caused by the crisis ensuing the global inflation and big ups and downs of price, the lack of orders has directly led to huge loss of SMEs, especially for those who focus on export trade. As a result, there is a bankruptcy upsurge of SMEs that operate on a high-cost-and-low-price basis. The bankruptcy and shrinkage of SMEs have directly affected the proceeds of Alibaba that mainly provides services for SMEs. Considering this point, the financial crisis also leads to early coming of the winter of Internet Business-to-Business E-commerce. Internet E-commerce seeks for breakthroughs in a new operational mode while waiting for its spring. What about logistics companies between importers and suppliers? Suppliers or importers have a direct business relationship with those logistics companies. Significantly shrunken volume of freight causes the over-capacity of those shipping companies and forwarders. There is even zero trade freight for transporting goods to the countries near the ocean. In fact, freight is paid by importers. However, for now, transport cost is significantly lower than ever before. Similar to sea-borne and air-borne shipment, international express business has witnessed a big drop in delivery of samples and documents resulted from decrease in trade. It can be seen that most parts of the influenced trade chain will incur loss. What about banks? It is impractical to say that the destruction in trade will lead to weaken business of banks. At most, banks will have less volume of business in loans and export bill purchase. It is financial derivatives that are affecting banks, seemingly not in the same field as trade. Financial crisis is a situation where the capital chain of financial system breaks. Superficially, there is not enough currency in an economic system. Actually, the reason is that the circulation of currency is not good. Superficially, companies or merchants do not have funds or lack funds and cannot get loans from banks. Money can not flow freely. These have led to the fact that companies go bankrupt, or reduce their size of production, or even slow down their trade expansion. The shrinkage in production and manufacturing industry can be seen directly from less orders and substantially reduced procurement volume of importers. On the side of retailers, they sell their inventory as soon as possible, sell at discounted prices to recover cash, and control inventory or even keep zero inventory. As the financial turbulence hit normal trade circulation, it results in the big fluctuation of exchange rate and depreciation of currency. As a result, the procurement cost will be higher. Trade is hit severely by both increase of purchasing cost and decrease of purchasing power. At this time, merchants need inexpensive goods more than ever before to compensate the loss caused by the financial shock. If the sales volume of low-price goods soars in one country or region, trade friction between trading countries will come forth, without exception during the time of financial crisis. If there are too many imported goods in a country, this will directly lead to the rise of trade protectionism and more trade barriers that violate the principle of free and fair trade. In the previous crises, countries set trade barriers to hold back low-price goods from exporters, with the purpose to protect its local industries from being hit, to lower unemployment rate, and to avoid spread of crisis to a larger scope. Such measures based on individualism will conversely further the depression of global economy. The measures, aimed at protecting domestic or local companies, are not good for recovery from a crisis. It will take longer for the economy to recover when it falls to the bottom. In this financial crisis, headlines of newspaper report that governments have invested a huge amount of money to rescue the market and central banks have greatly lowered interest rate consecutively to stimulate economy, drive consumption, avoid long-time economic depression, abate financial fluctuation and reduce the huge damage brought about by the crisis. At this very moment, it is both a risk and an opportunity for international trade. Risk means that companies and banks may go bankrupt at any time while opportunity means that consumers of the world need more low-price goods. The bull commodity market of the world has ended. It seems to tell us that people need to have more inexpensive goods with good quality when facing lack of money. Under such an economic environment, how do companies on the trade chain face the situation? After each crisis, there are cheap shares and assets everywhere. It is perfect time for companies to reconstruct, merge and acquire. Those companies with abundant cash flow will expand and develop themselves at this time through the measures mentioned above. Exporters shall seize opportunities to cooperate with international brand companies. Strength of low cost will play a more important role in future trade. 4. 2 Major Factors That Impact International Project Selection & Implementation A company that chooses to implement an international project is obligated to conduct a thorough research in order to understand if such project is viable and can be brought to life in a certain country. Numerous factors have to be taken into consideration and investigated; it has to be done objectively from the point of view of the host country in which business will be performed. Thus the home company can ensure the realization of the project in specified terms with regards to projected profits and spending funds. While analyzing foreign environment companies have to pay close attention to various factors that will effect, or help if used efficiently, future success of business in a new economy. First of all it is necessary to carefully examine the firm’s competitive position and understand if a project is able to bring profit in the global industry. Adequate financial resources, successful global ventures in the past, risk levels that a company is able to undertake and growing international demand are those few questions that need to posed before a firm can make any projections as to doing business abroad. There are also factors that are directly connected to specific projects and situations and that influence the outcome of the venture and have to be considered. In case when a company is ready to start international project in terms of its internal situation, it has to study issues and challenges that are caused by macro economical and other environmental factors. Legal and political factors are essential for the implementation of the project abroad and each country has its own laws and regulations that could be of negative or positive influence which greatly depends on the nature of business. Economic condition of the host county is a core issue in deciding where and when project will be carried out and if it is feasible at all. Such environmental issues as GDP, inflation fluctuations and population growth have to be considered in order to comprehend conditions in which business will operate. Infrastructure and geography are among other factors that will affect the project or not allow its execution in case a host county has severe weather conditions or undeveloped infrastructure; for instance unpaved roads and no electrical power can easily fail the project in the very beginning and thus knowing such conditions is necessary. Security of the country in which project will be developed is essential as well, people make things happen and if they are in a dangerous environment it is priory impossible to do business. Workers who are knowledgeable about cultural differences in a host country are more likely to perform successfully as traditions and holidays can play a huge role in certain marketing campaigns and serve for the good image of the company. Working in a foreign country requires a great deal of preparation and assessment of all possible differences that business is about to encounter. As was already said major role is deciding whether of not the project will be successful is comprehending macro environment of a new country. Studying its economical condition, security levels and infrastructure system is a core competence of a company who wants to be more successful that its competitors. In case when all of those factors are studied and considered advantageous for a new enterprise it is important to bear in mind that cultural differences can make all efforts void. Thus such countries as the United States must attentively analyze what changes have to be made in the business plan and what people are best suit for the its implementation. Often companies hire professionals already experienced in such ventures with foreign education who speak two or more languages. Those intermediaries who are familiar with host country’s traditions and have social connections are great helpers in establishing a good image of the company abroad and in avoiding mistakes in a setting up period. Selecting and training employees for the international project is very important for the future success of the company. Culture shock and coping with it are issues that have to be addressed to potential workers because people who cannot sleep at night of nervous breakdown are unable to work effectively. Consequently firms need to inform and train employees how to cope with cultural diversities and benefit from them to better manage in the new environment. Multiplicity of the factors that have to be thought through by the international project managers can be outstanding but successful implementation will be rewarded by monetary and personal contentment. 5. Finding New Opportunities in the Global Economic Crisis: The current global economic crisis is forcing many individuals and businesses to seriously reconsider their strategies for economic survival. Much like the giant meteor that scientists believe hit our planet around 65 million years ago and caused the extinction of the dinosaurs, major catastrophic events tend to spell tragedy and disaster for most of us, but they can also reveal hidden opportunities for those of us who can adapt to the new circumstances in their environment. When the dinosaurs vanished, for xample, small little furry animals survived, multiplied and evolved to take over the planet. In this article, I want to list several doable options that can help you create long-term financial security in today's uncertain economic climate. Step 1 – Accept and Embrace Change The world changed significantly around 20-30 years ago when the Internet started becoming more popular. Since then, although many people migrated and evolved into â€Å"Information Age† thinkers, many more unfortunately chose to stay loyal to â€Å"Industrial Age† principles and beliefs – a paradigm that was rapidly becoming obsolete. If you are still clinging to â€Å"Industrial† Age concepts like the idea that a good academic education will lead to benefits and job security, then you may be leaning towards experiencing a fate similar to that which befell the giant lizards after the meteor struck. Regardless of where you are at, the solution is to accept that the world has indeed changed, then embrace the â€Å"Information Age† unconditionally and without making excuses (i. e. too old, too busy, too broke, too late), and start looking for new opportunities with a more â€Å"entrepreneurial† mindset. I am not necessarily suggesting starting your own business if your core value is to find financial security through employment. There are always opportunities for people who can add value to other businesses and these are generally the last people any employer will want to let go of when times are really tough. Step 2 – Start An Online Business Once you embrace the â€Å"Information Age† there should be no doubt in your mind that, regardless of whatever else you plan on doing, you should also start seriously considering creating one or more streams of income online. There are seven ways of starting a web-based business: ) Start A Blog – A â€Å"blog† (short for â€Å"weblog†) is a very easy way to get started online. Essentially, the general plan is this: a) set up a blog, b) start posting regularly about a particular and hopefully profitable niche area of interest, c) monetize your blog to generate a revenue stream. There are many great resources y ou can find online to help you profit as a blog writer. So †¦ get blogging! 2) Become An Affiliate Marketer – Affiliate marketing can be very appealing to many people starting out doing business online, because you don't need to own your own product and, in many cases, you don't even need to have a website. You simply market someone else's products using a special coded link with your affiliate ID, and every time a product gets purchased using your affiliate link, you get paid a commission payment for the sale. Like anything else, to become successful at affiliate marketing does require a certain amount of work, knowledge and skills, but all the information you need is out there. You can purchase e-books, e-courses or join online membership sites to learn how to become a better affiliate marketer and it's not at all costly to get started. ) Set Up An Online Store – Millions of people and businesses are selling stuff online everyday. If you have something you would like to sell online, consider starting up an e-commerce store with eBay, Etsy. com, Yahoo stores, or a number of other places. Some years ago my wife started a little part-time eBay business and, before too long, she was negotiating product shipments with manufacturing companies in China and leaving our neighbors wonder ing why so many courier trucks were driving in and out of our street every single day. Even if you decide to start a traditional business, there are many cost-effective opportunities for expanding online, and e-commerce is definitely an option to consider. 4) Start Up Your Own Online Community – The recent phenomenon of social networking is creating unprecedented new opportunities for people online. One of the most recent trends is to start your own online community, targeting a specific area of interest. For example, I recently started an online social networking community site for beaders (www. BeadHuddle. com). This site grew to over 1,000 members in the first six weeks after launching and it now has beading enthusiasts from all over the world, as well as craft-related advertisers. If the idea of owning your own community site interests you, I recommend you visit www. SocialBusinessWeb. com and download a free report entitled â€Å"How To Profit With Your Own Social Networking Site† that will show you how to get started. 5) Create And Sell Information Products Online – This option is similar to starting your own e-commerce store (e. g. Bay), but the focus here is specifically on creating digital information products that can be downloaded online. Examples of digital products are e-books (electronic books) and information reports, audio books and podcasts, video training products, membership sites, software and web services, etc. Once again, there are many great resources available on how to do this successfully and, if you do create a winning product, it can be an extremely re warding and profitable venture, since most of the business can be automated through the use of systems, software and outsourced suppliers. I have personally developed a couple of information products over the years that sell regularly online and, since there are no costs associated with areas like shipping and delivery, every sale I make is pretty much 100% profit. 6) Buy A â€Å"Ready-Made† Online Business – If the idea of building your own online business seems too overwhelming, there are many online â€Å"turn-key† businesses available which you can simply purchase and start operating fairly immediately. Just like buying a regular business, however, you need to exercise due diligence and research the business, the vendors, the market and the opportunity before you hand over your money to anyone promising you an â€Å"online money-making machine†. Ready-made online businesses can range from simple reseller web sites that include a home page with the sales copy, a zipped file containing the product that you then upload to your own server and a download page where you send customers to after they successfully complete a purchase, to complete online â€Å"franchise-like† stores. Often, the cost is surprisingly affordable. For example, in 2005 I bought an online retail store outlet that sells thousands of downloadable audio book titles from best-selling authors and leading audio-book publishers for $1,000 dollars. Today I make regular sales of audio books from this store (www. AudioBookOne. net) and the best part of the business is that everything is handled for me by the parent company (e. g. stock selection, product delivery, customer support, etc †¦ ) for a small monthly fee. ) Become An Online Service Provider – If the thought of being an online entrepreneur running your own business seems too risky for you to consider at the moment, then why not continue working for others, but transfer your skills, knowledge and experience to the online sphere? There are many opportunities for working online for other companies. One growing trend, for example, is the outsourcing of tasks like creating, managing and updating web content, providing search engi ne optimization and online marketing services, business training and consulting services, etc. The work can vary from doing routine tasks that other business owners would rather outsource to someone else, to providing mentoring and helping others become successful online (this is definitely an option to consider as you gain more experience and success online). Step 3 – Don't Stop Learning, Growing and Improving The Information Age is constantly and rapidly evolving. This means not only keeping abreast of new developments and trends, but also keeping an eye open for new economic opportunities for growth, success and expansion. Fortunately, you don't have to do it alone. There is a plethora of social networking groups, online communities and membership sites you can join, that focus exclusively on your particular area of interest. If you've been feeling depressed lately about the current state of the global economy, then hopefully this article will help you see that there are many positive and exciting things to be gained if you are willing to embrace change, start looking for new opportunities and make a decision to take action steps today to secure your own financial future in the new world that is emerging around you. . Managing Global Economic Challenges: The modern day global economy is a highly interconnected one. With the increased connectivity the challenges before the global economy has achieved an altogether new dimension. On one hand is the positive impact of instant access to the global information network. On the other hand, market volatility is using the economic inter linkage channels to spread like wildfire. The International Monetary Fund revised down the estimated world growth rate for 2008. This was a fall out of the US sub prime crisis. At present economies through out the world is facing stock market volatility and rising unemployment figures as an after effect of the US crisis. As per estimates, around one billion people worldwide survive on less than a dollar per day. Over one billion do not have access to clean water. Basic sanitation facilities are absent for around 2. 4 billion people. Around 5 million children worldwide die from starvation. To sum up, the challenges before the global economy are by no means simple. Timely intervention in the form of appropriate policies and fiscal help from the world bodies are needed to tide over the crisis. No less important is the political will needed for the seamless implementation of the policies. Poverty ?Sub-Saharan Africa has been witness to the most severe form of poverty. Nearly 50% of the population survives on less than $1-a-day. Malnutrition, internal conflicts, dreadful diseases like AIDS and improper governmental measures are the main reasons behind this extreme poverty. ?As far as poverty goes, it is the Southeast Asia that comes next to sub-Saharan Africa. Around 85% of the total population of the Southeast Asia survives on below $2-a-day. Despite 50% of population living under $2-a-day, the number of poor people in Eastern Asia and Pacific has declined significantly in recent past. It is mainly due to the social and economic progress achieved by China over the passage of time. ?When it comes to Latin America, inequality in income distribution resulting from poverty is a matter of great concern. ?Some 300 million of India’s people still live in abject poverty, and another 300 million hover precariously above the poverty line. One challenge is to reach the poor with programs and policies that work Inflation ?Considering the failure of US sub prime market and the subsequent recession in US economy, controlling the increasing rate of inflation is the greatest challenge that the world is confronting for some time now. ?The Indian and Chinese governments are taking care of the inflationary situations very seriously. In Europe, interest rates have been maintained at higher side to keep inflation under control. ?Fiscal policy measures like reducing government expenditure and increasing rate of taxation can also be used to check inflation. Attempts are on to bring about regulatory changes to face the challenge of inflation. Inequality ?Globalization is considered by many to be the main cause behind the perpetration of an increased income inequality in wide areas of the globe. ?However, an increased trade globalization has only worked towards the eradication of this inequality. The need of the hour is policies, which will ensure that the proceeds from technological innovation and globalization are distributed among the cross section of a country's population. ?Developing countries are primarily agriculture based and they can promote gricultural exports for reaping the benefits of trade liberalization. Climate change ?Environmentalists all over the world are trying their best to protect the planet from the adverse effects of climate change. The European Union has played a crucial role in these movements. ?The primary objective of the Convention has been to urge the developed nations to check the emission of greenhouse ga s. The target regarding greenhouse gas emission that has been set in Kyoto Protocol needs to be achieved within the period of 2008-2012. The European Climate Change Program or ECCP in another major initiative towards environment protection. ?However, to control the emission of greenhouse gas it is necessary to create general awareness among the common people. Substantial change in energy system, use of environment-friendly technologies in production, alternative energy efficient fuels, minimum use of fossil fuels and change in the pattern of living are the key factors that can bring about positive changes in environment. Rising food prices The urban poor will be affected the most due to this rising food prices. In most of the sub Saharan country, the common trend is that the farmers leave their land and head to other lines of production in the urban areas. According to the World Food Program, the countries that are most affected are Eritrea, Gambia, Togo, Cameroon, Niger, Senegal, Zimbabwe, Haiti, Myanmar, Yemen, Cuba etc. Trade- key to lower food prices ?Opening up of economy or trade liberalization can help to reduce food prices. ?Different countries have adopted different measures of trade in order to deal with the escalating food prices. Saudi Arabia has resorted to import tax cuts on wheat from 25% to zero. Tariff is also decreased for dairy products, vegetable oil and poultry. ?India slashed its tariffs on maize and edible oils. Export of rice was also stopped leaving out the high value basmati. ?For the last 2-3years India has to fill the demand supply mismatch in food through imports. There are high exporting countries like Ukraine, which are also imposing export restrictions on its food products. Afflation in the global economy: ?Structural changes within an economy are an important reason behind Afflation. There is a rise in per capita income in the populated countries like India and China. Consumption of food grains as feedstock has also increased. ?According to the International Grain Council, the world grain production would reach 1660m tones in 2008, which exceeds the previous year by 90m tones. Even then demand is likely to outdo supply. ?Inflation in the agricultural sector can be attributed mostly to crops like coffee, corn, wheat, and soybeans, sugar, cocoa and meat and poultry products. Trend in demand for and supply of food grains: It is estimated that the world population will rise by 800 million per decade till 2025. The production of food grains is expected to rise to 2. 6