Role of Remittances in Financial Market Development in The Countries Thesis Proposal

Role of Remittances in Financial Market Development in The Countries of The Gulf Cooperation Council - Thesis Proposal Example ess has been undertaken by the GCC countries and whether consistent and increased remittances outflow from these countries effectively contribute towards the financial development of the region. More specifically, this research aims to achieve following objectives: 1. To evaluate the overall process of financial market development in the GCC region. 2. Dependence of financial market development process on oil & other resources 3. Dependence of financial market development on the remittances. 4. How remittances can improve the financial development process within the region. The overall objective therefore is to comprehensively understand the process of financial market development, how oil resources are supporting it and what role remittances can play to strengthen and quicken the process of financial development within the region. This research study will also undertake a systematic historical review of the financial market development process also. Literature Review This literature review is divided into three parts i.e. first part will discuss the relationship between financial markets and economic growth, second part will explore the relationships between financial market development and remittances and finally a review of financial market development process in GCC will be discussed. Most of the existing literature on the topic is focused upon understanding the impact of remittances on the recipient countries however; very little emphasis has been placed on the impact on the host countries. Though literature have comprehensively covered the impact of immigrants on the host countries macroeconomic environment however, how the immigrant remittances are going to affect the macro-economy as well as financial market development still need to be explored in systematic... This research will focus upon exploring and understanding the link between remittances and financial market development in GCC region. Research studies suggest that the remittances can have an impact on the development of financial markets of host countries. Specifically, remittances can result into increase in competitiveness as well as reduction in the transaction costs for the consumers. By assisting institutions to become competitive by facilitating remitters through innovative product design and low costs, financial institutions can actually improve their own efficiency and develop in more sophisticated manner. With the introduction of technology, cost of sending remittances has reduced thus providing incentives to the remitters to use formal channels for the purpose of remitting money. GCC region is an oil rich region and its financial market development is necessary for its development and growth in long run. It is making development towards strengthening its financial markets by implementing common currency, monetary union as well as integration of its stock exchanges. Recently, remittances have formed one of the significant portions of the international capital flows. Financial liberalization has resulted into better capital flows with expat easily sending funds to their home countries. It is critical to understand that for developing countries especially remittances form a significant part of the international capital flows and is also one of the most important sources of foreign exchange for developing countries.

Effects of Information Systems on Decision-Making Process Research Paper

Effects of Information Systems on Decision-Making Process - Research Paper Example Influence of internet in the decision making process â€Å"When it comes to driving consumer decisions about a range of products and services, the Internet is by far the most influential media channel† (Hillard & Harris, 2010). People explore details on in internet before they take most of their purchasing decisions. Since internet has reduced the distance between people and place, it is possible for a consumer staying India to purchase a product from America or Europe. So they will compare the prices of a product in domestic market and international market before taking decisions about whether to purchase that product from domestic market or international market. Moreover, people take purchasing decisions after analyzing the product reviews published on internet. For example, iPhones and Samsung Galaxy S2 are fast moving cellphones in the market at present. People rely heavily on internet to read the reviews of these products from internet before taking their purchasing decis ions. â€Å"Internet users report that online resources not only allow them to quickly and easily compare options, but also to seek out expert and peer advice that enables them to act with greater confidence†(McRoberts, 2010). ... For example, today, many of the Americans were asked to work in China on deputation in order to help their organizations to establish its business units there. Before taking a decision about whether to proceed to China or not, these people search the internet to know more about the political, social and professional climate in China. Before advancing further in education, teenagers leaving from schools will often search internet to decide about the courses they wanted to study in colleges. It is not necessary that all the courses offered in a college have equal job potentials. So people often search internet to know more about the job potentials of certain course before taking decisions about whether to accept it or not. Internet can advise people in taking their healthcare decisions also. For example, keloid is a severe skin problem which occurs due to repeated injuries at a particular portion. Even though surgical removal of keloid is possible, the chances of reoccurrence are immen se. There are other therapies also for keloid like laser treatments, radiation therapy etc. However, all these treatments have some kind of side effects. A person suffering from keloid can search internet to know more about the pros and cons of each keloid treatment before opting for a particular treatment. In other words, internet can help people in taking decisions about using certain drugs or therapies for removing some of their health problems. Internet can help a person to plan his journey properly. â€Å"Internet can now be used to inquire about the flight timings and delays which make it easier to plan for the departure time† (Effect of Internet on our daily lives, 2008).

The future and technology Essay Example for Free

The future and technology Essay ?Most people have debates on how the present is better than the future or that the future will be better than the present. No one will know which one is better until we figure out what the â€Å"future† is exactly. People imagine that the future is all about flying cars and robots, which seems to blow our minds in a positive way. The question is, does the future hold up to what it seems to be? Our world today is a better place for us with many reasons. As our world advance in technology, we as people decrease in communication skills. Throughout the years more and more technology is coming out, like cell phones and game systems. As more technology comes out, people tend to get attached to that and forget about important things. Cell phones are becoming so advanced to where we don’t have to see the other person we are talking to. We can just message them in many different ways such as texting, video chat, email, social networks, or by a simple phone call. This is decreasing our social skills, which isn’t good for many reasons like job interviews, college classes and other reasons. With all this technology coming out people lose their integrity. People expect things to be at their fingertips when they need something. If you need to research a topic, you can have it in a matter of seconds with the use of your phone. Libraries are rarely visited, to look things up in books since everyone has mini computers in the palm of their hands. People no longer have to work hard and put their blood and sweat into projects, everything is a few clicks away. Humans cannot live without technology, we have adapted to it being so convenient for our use to where we’ve become attached to it. As it advances, everyone becomes lazier. Soon there will be inventions we would’ve never guessed could be possible. Kids don’t get the exercise they need because they have all these new inventions like cell phones, game systems, and television they can do instead. Since technology is very common, kids are getting cell phones at younger ages. This causes them to not have a full childhood and to be influenced by older teens easier. They also have game systems and television that they can play and watch all day instead of going outside and being a kid, which leads to obesity and laziness. As technology advances, so does the price. The newer items everyone wants become more expensive since they’re new. In return people feel the need to purchase these items that in reality they can’t afford. More inventions, leads to more money spent, which leads to poverty for many families. Especially since our world today is already struggling with economy and money issues. It is only going to get worse. Some technology can be a good thing, it will always be there to help us, make things easier, and do things for us. Inventions make people’s jobs easier. That isn’t always a positive thing though. There are pros and cons to it, but we as humans abuse the use of technology. It can help us to a certain extent. Doctors use technology for researching diseases and their cures. Scientists run experiments to find things out about space or our history. Little technology can ruin us humans, the more it advances, the more we rely on it for everything, which causes humans to forget the ways of life that have led us to where we are at today.

The Alternative Tourism Development Tourism Essay

The Alternative Tourism Development Tourism Essay Currently, most tourism trends are considerable of green mode tourism market as seen the declined of mass-tourism line in many countries. The form of healthier tour influenced tourist who has personal interests of tour activities such as sport, recreation, adventure and nature conservation. Worldwide acceptability as Tourism is one of many Industries which is non-polluting Industry and continue rapidly growth. Numerous countries perceive to majority income, therefore Tourism Industry generate job to the destination At the same time, the more tourism growth is the more anxious of negative impact to the host country. Over the past decade or so, tourism form as Mass tourismor Traditional Tourism which emphasize a large group of tourist several countries particular in developing country mass tourism is being extremely promoted. However, It was realized that mass tourism become the main majority social and environmental effected meanwhile, the kind of mass tourism not rather contribute a full measure of ecomomic as its convinced. In United Nations Foundation Report 2002 stated that  ¿Ã‚ ½Resposible tourism is the job of everyone involved governments, local authorities, the tourist industry and tourisms themselves (2001, p.12) To mend an effect from mass tourism, many research has commence as an appropriate alternative tourism model and hilight to responsible to the host country. New form of tourism appear as Eco-toursim, Soft Tourism, Green Tourism,Responsible tourism, Motivated Tourism, Conservative Tourism etc,. entirely mean of Alternative Tourism. Bicycle tourism proposed the possible for alternative which is can be applies to encourage destination sustainable economic development. Although much research has been implement into application of bicycle tourism with in country, just few research in Thailand about their feasibility can be applies in big city as Bangkok Metropolis where contain of tourist attraction. Tourism Authority Of Thailand (Marketing Plan 2009) Currently promoting tourism as a main marketing plan in the same previous slogan of Amazing Thailand additional of Seven Wonders of Amazing Thailand in oversea market. One of theme call Nature The Beauty of Natural Wonders which present green tourism mode to perceive of environmental value and enegy conservation in the forms of Seven Green and bicycle tour is in mode of green logistices hilight on tourism activities using environment friendly transport. According to TAT informationà ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ  Ã‚ ¸Ã¢â€ž ¢Ãƒ  Ã‚ ¸Ã‚ ³Ãƒ  Ã‚ ¸Ã¢â‚¬Å¡Ãƒ  Ã‚ ¹Ã¢â‚¬ °Ãƒ  Ã‚ ¸Ã‚ ­Ãƒ  Ã‚ ¸Ã‚ ¡Ãƒ  Ã‚ ¸Ã‚ ¹Ãƒ  Ã‚ ¸Ã‚ ¥Ãƒ  Ã‚ ¸Ã¢â‚¬Å¡Ãƒ  Ã‚ ¸Ã‚ ­Ãƒ  Ã‚ ¸Ã¢â‚¬ ¡Ãƒ  Ã‚ ¸Ã‚ Ãƒ  Ã‚ ¸Ã‚ ²Ãƒ  Ã‚ ¸Ã‚ £Ãƒ  Ã‚ ¸-à  Ã‚ ¹Ã‹â€ Ãƒ  Ã‚ ¸Ã‚ ­Ãƒ  Ã‚ ¸Ã¢â‚¬ ¡Ãƒ  Ã‚ ¹Ã¢â€š ¬Ãƒ  Ã‚ ¸-à  Ã‚ ¸Ã‚ µÃƒ  Ã‚ ¹Ã‹â€ Ãƒ  Ã‚ ¸Ã‚ ¢Ãƒ  Ã‚ ¸Ãƒ  Ã‚ ¹Ã¢â€š ¬Ãƒ  Ã‚ ¸Ã‚ Ãƒ  Ã‚ ¸Ã‚ µÃƒ  Ã‚ ¹Ã‹â€ Ãƒ  Ã‚ ¸Ã‚ ¢Ãƒ  Ã‚ ¸Ãƒ  Ã‚ ¸Ã‚ Ãƒ  Ã‚ ¸Ã‚ ±Ãƒ  Ã‚ ¸Ã… ¡sprot and recreation à  Ã‚ ¹Ã†â€™Ãƒ  Ã‚ ¸Ã¢â€ž ¢Ãƒ  Ã‚ ¸-à  Ã‚ ¸Ã‚ µÃƒ  Ã‚ ¹Ã‹â€ Ãƒ  Ã‚ ¸Ã¢â‚¬ ¢Ãƒ  Ã‚ ¹Ã‹â€ Ãƒ  Ã‚ ¸Ã‚ ²Ãƒ  Ã‚ ¸Ã¢â‚¬ ¡Ãƒ  Ã‚ ¹Ã¢â‚¬   à  Ã‚ ¹Ã¢â€š ¬Ãƒ  Ã‚ ¸Ã‚ Ãƒ  Ã‚ ¸Ã‚ µÃƒ  Ã‚ ¹Ã‹â€ Ãƒ  Ã‚ ¸Ã‚ ¢Ãƒ  Ã‚ ¸Ãƒ  Ã‚ ¸Ã‚ Ãƒ  Ã‚ ¸Ã‚ ±Ãƒ  Ã‚ ¸Ã… ¡Ãƒ  Ã‚ ¸Ã‚ Ãƒ  Ã‚ ¸Ã‚ ²Ãƒ  Ã‚ ¸Ã‚ £Ãƒ  Ã‚ ¸Ã¢â‚¬Å¡Ãƒ  Ã‚ ¸Ã‚ µÃƒ  Ã‚ ¹Ã‹â€ Ãƒ  Ã‚ ¸Ã‹â€ Ãƒ  Ã‚ ¸Ã‚ ±Ãƒ  Ã‚ ¸Ã‚ Ãƒ  Ã‚ ¸Ã‚ £Ãƒ  Ã‚ ¸Ã‚ ¢Ãƒ  Ã‚ ¸Ã‚ ²Ãƒ  Ã‚ ¸Ã¢â€ž ¢It is obvious that Bicycle Tourism in Thailand have encourage just rural ar eas while rarely in big city as Bangkok. In order to drive a significant of bicycle tourism to be use as an alternative and indicate or influence steakholder to better understand. This project would insist upon base on the fact of domestic cyclist and bicycle tourist demand in services providing to use as a guideline . 1.2 Objective The research was undertaken to analyses cyclist perception and motivation, developed demand model of cycling travellers in Bangkok destination. The purpose of study was to indicate the cycle tour market is significant to encourage sustainable tourism development. The key objectives of this research were: 1. To highlight cycling tour advantages when development and applies to local communities. 2. To indicate significant cycling tour for sustainable tourism. 3. To encourage and motivate to tour organization promote cycling tour as an alternative tourism. 4. To assist or guide government to implement cycling for the perfect alternative tour in Bangkok. 5. To indicate the bicycle tourism market is a potential trend to applies in order to assist green mode tourism. 6. To indicate and evaluate if the cycling tourist demand meets the services provide. 2. Literature Review Definition The Alternative Tourism Alternative Tourism has widely define as : à  Ã‚ ¸Ã‚ «Ãƒ  Ã‚ ¸Ã‚ ²Ãƒ  Ã‚ ¸Ã¢â‚¬Å¾Ãƒ  Ã‚ ¸Ã‚ ³Ãƒ  Ã‚ ¸Ã‹â€ Ãƒ  Ã‚ ¸Ã‚ ³Ãƒ  Ã‚ ¸Ã‚ Ãƒ  Ã‚ ¸Ã‚ ±Ãƒ  Ã‚ ¸Ã¢â‚¬ Ãƒ  Ã‚ ¸Ã¢â‚¬Å¾Ãƒ  Ã‚ ¸Ãƒ  Ã‚ ¸Ã‚ ²Ãƒ  Ã‚ ¸Ã‚ ¡ à  Ã‚ ¸Ã‚ ­Ãƒ  Ã‚ ¹Ã¢â‚¬ °Ãƒ  Ã‚ ¸Ã‚ ²Ãƒ  Ã‚ ¸Ã¢â‚¬ ¡2-3 à  Ã‚ ¸Ã¢â‚¬Å¾Ãƒ  Ã‚ ¸Ã¢â€ž ¢ As described in Eadington Smith (1992, p. 75), Richard (2002) presents Alternative Tourism as: Alternative tourism define as tourism that is consistent with natural, social and community value, which allows hosts and guests to enjoy worthwhile interactions and shared experiences. Richard S. David T. J. 2002, Tourism Development Concept and Issue, Aspects of Tourism, Cambrian Printers Ltd., Great Britain. Ateljecvic, I. Doorne, S. (2000). Staying Within the Fence: Lifestyle Entrepreneurship in Tourism. Journal of Sustainable Tourism, 8(5),pp378-92. Alternative tourism concept would supervise for environment from stakeholders such tourists, tour agents and local host. On the other hand, these tourism form will also custody of environment, culture heritage and local livelihood in the destination. Awang, Hassan Zahari s study(cited in Ateljevic Doorne 2000) Most important of all, Alternative tourism is the significant form which focus on a tiny group of tourists and countryside visit more than urban. The hilight on Alternative Tourism as the gist of how the tourist choose what they really attend whether travel places, accommodations, tour agents including every travel activities in the tourism line. The Bicycle Tourism defined as: Several issue of bicycle term but rarely denote bicycle as a part of tourism, however Sustrans (1999, p.1) has defined bicycle tourism as: Recreational visits, either overnight or day visit away from home, which involve leisure cycling as a fundamental and significant part of the visit. Wen Li (2003) defined bicycle tourism as a positive activity, which includeds both transportation and recreation experiences. Wen,H.C., Li,H.C.2003, A strategic study of bicycle tourism in Taiwan, Journal of the Eastern Asia Society for transportation Studies, vol.5, October, pp.1675-1683. Ritchie outlines the tourism activity using bicycle tour has more significant mode of vacation or holiday transport (1998). Bicycling is the form of non-polluting activities and people ride bicycles for a widely purposes such as recreation, personal business or even for work. Ritchie,B.W. (1998). Bicycle tourism in the South Island of New Zealand: Planning and management issues. Vol.19, no.6, pp.567-582 To classify the bicycle tourism Faulks, Ritchie Fluker (2006) agreed that to identify bicycle tourism in order to present the size and scope of cycle tourism thus, the definition will base on activity and the use of a bicycle on holiday. The different sectors were Touring, Community cycling events, Competition and Mountain Biking. Faulks P., Ritchie B. Fluker M.(2006). Cycle Tourism in Australia: An investigation into its size and scope. Sustainable Tourism Cooperative Research Centre, Australia. Types of bicycle tourism can be classified to three main types (Sustrans 1999)as following: A.Cycling Holidays, the definition base on the main purpose of cycling holiday visit both domestic and overseas.Cyclist may organised trip using tour operator or self-organised with short and long period(Sustrans 1999,p.1). B. Holiday Cycling, the definition differ from above, the Holiday cycling mean of traveller selected cycling as one of travel activities on holiday(Sustrans 1999,p.1) C.Cycling Day Visits defined as making short trip ride from one place to another as a leisure and residences were most commonly. Therefore, Central government promoting cycling as a choice of tour activities with provides services to meet tourist demand, Stakeholders wills benefits. The Bicycle Tourist definition Many researchs have been defined bicycle tourist in different ways however, They has been introduced the definition by Richie(1998, pp.568-569) as: A person who is away from their hometown or country for a period not less than 24 hours or on night, for the purpose of a vacation or holiday, and for whom using a bicycle as a mode of transport during this time away is an integral part of their holiday or vacation. This vacation may be independently organised or part of a commercial tour and may include the use of transport support services and any type of formal and/or informal accommodation. 2.2 The Development of Bicycle Tourism 2.3 The Demand For Bicycle Tourism Requirements of Bicycle Tourists both demestic and international 2.4 The Domestic Bicycle Tourism Tourism Authority of Thailand presents the bicycle tourism in the mode of Eco-tourism activities and shows that bicycle tour has available in Bangkok for instance, The Grand Palace areas and provide informations of another bicycle trip in various areas .( Tourism Authority of Thailand 2010). According to informations it is obvious that bicycle tourism has set in tourism market plan and it is probable that the potentials of an alternative tourism development in Bangkok. Tourism Authority of Thailand 2010, Colorful Thailand:Ecotourism, viewed 20 December 2010, . -Bicycle tour organisation It is primarily found that many tour agents in Thailand but few significant with cycling tour market, furthermore,observed that bicycle tourism perform an act of charity or member club. Bangkok Hash House Biker one of mountain biking club presents the event in occasionally and arrange trip once a month for rider.( Bangkok Hash House Biker 2009)http://www.bangkokbikehash.org/AboutUs.html Tour de Thailand presents as a fully supported charity bike ride from North to South of Thailand http://www.bangkokbikehash.org/AboutUs.html -Supple for bicycle tourism 2.5 The Motivation of Bicycle Tourist As previous researched Lamont found that the attracting destination for independent bicycle tourists were the regions ability of cycling support provided such as a potential of cycling infrastructure, magnificent scenery, aiding service for industries and accessibility (Lamont 2008). Lamont J.M.2008, Wheels of change: a model of whole tourism systems for independent bicycle turism, Proceedings of Re-creating tourism: New Zealand Tourism and Hospitality Research Conference, Hanmer Springs, New Zealand, 3-5 December, Lincoln University, Christchurch,pp.1-22.viewed 22 December 2010,. Furthermore, to originate ardor use of bicycle tourism sufficiently, the host must be supplement such a promotional, marketing and widely information and events of cycling provided (Pucher buehler 2009) Pucher J. Buehler R.2009, Cycling for a Few or for Everyone:The Importantce of Social Justice in Cycling Policy,Wolrd Transport Policy Practice, vol.15, no.1, pp.57-64,viewed 22 December 2010, . Sustainable Development definition: Methodology The methodology for this research has been selected in order to obtain data and generalize about the development area of bicycle tourism in Bangkok Metropolis. Type of research The principal purpose of this study is to gain primary information about significant bicycle tourism in order to purpose guidance for bicycle tourism development more efficiently. To investigate the main purpose of study an exploratory will be applies. McKenzie Danforth (2009,p.43) state exploratory research, preliminary research conducted to increase understantding of concept, to clarify the exact nature of the problem to be solved or to identify important variables to be studied. McKenzie K. Danforth S. 2009, Problem Definition, Exploratory Research, and the Research Process.A Marketing Research Proposal. St.George, viewed 22 December 2010,. Data Collection The quantitative and qualitative will be used to achieve the objectives of the research. The quantitative data collection comprise with opened-ended and closed-ended questionnaire will applies into two way. Firstly, the self-completing will design for the online monkey survey will design for a people who yearn for bicycle tourists, or who have undertake cycling as a tour activities previously in order to investigate people with an interest in cycling tour more importantly, the online survey will be logical drive to obtain data both domestic and abroad. The questionnaire will be contribute towards Tourism Authority of Thailand website to assure the survey outcome realibility. Secondly,questionnaire in the same pattern will be conducted with holiday cycling tourist in the visiting area. The qualitative collection, interviews will carried out with Bangkok Bicycle Club member in order to investigate whether the cyclist requirement meet the demand. 3.3 Sampling Design The sample from entire population has been selected therefore, to attain the intensity of study purpose. Sample is a unit of target extracted from a population and aim to be representative of that population(OECD 2003). OSCD 2003, Sample Design,Business Tendency Survey Handbook STATISTICS DIRECTORATE, viewed 23 December 2010, The Quota Sampling design as Survey Monkey online questionnaire in order to gathering primary data from bicycle rider through internal and external. According to OECD: A quota samples is one in which in which each strata identified in the target universe is represented by a specified number (a quota) of respondents. Quota samples are also described as representative samples because the selection of a quota of respondents from each stratum is intended to guarantee that the sample represents, or mirrors, the target universe. Quota samples are also widely used in political opinion polls and consumer opinion surveys (2003,p.2). The Purposive Sampling will be used in order to gathering secondary data in form of cyclist perspective from Bangkok Bicycle Club. As decriped in Teddlie Yu(2007,p.80),Tashakkori Teddlie(2003) presents  ¿Ã‚ ½purposive sampling techniques involve selecting certain units or cases  ¿Ã‚ ½based on a speci ¬Ã‚ c purpose rather than randomly Tashakkori, A., Teddlie, C. (Eds.). (2003a). Handbook of mixed methods in social behavioral research.Thousand Oaks, CA: Sage. Teddlie C. Yu F.2007, Mixed Methods Sampling: A Typology With Examples, Mixed Methods Research, vol.1, no.77, pp.77-100, viewed 23 December 2010, Sampling size will be composed of 100 questionnaires created for bike rider, who online search for sport activities in Thailand destination. While interview survey technique will be conducted with the sample population among 10-15 interviwees with in Bangkok Bicycle Club representatives. 3.4 Questionnaire Survey 3.6 Interview Survey The semi-structured interview will be use Contribution of The Study It is expected that the key finding of this project will be guide and evaluate significant of current bicycle tourism sector therefore, to the better understand of all steakholder to be used for as an alternative tourism development in Bangkok Metropolis. Acknowledgments The author would like to acknowledge the Sustainable Tourism Cooperative Research Center(STCRC) for funding a supplementary scholarship, and the Australian Regional Tourism Research Centre for the provision of resouces used in this research. Finally, the publishers of Australian Cyclist magazine are sincerely thanked for their generous assistance. References: Introduction Part 1.Thailandtourism Sport Recreation: Biking http://www.tourismthailand.org/see-do/events-festivals/sports-recreation/biking/destination/0/cat/31/?sort=2bymonth=start_date=end_date=keyword=refine=cHash=f88c8a3490pageno=2pagesize=10 2. Thailand tourism plan 2552 http://www.oknation.net/blog/SIAM1932/2009/11/26/entry-3

civil war :: essays research papers

  Ã‚  Ã‚  Ã‚  Ã‚  The Civil War was one of the bloodiest wars of all time, and it was fought by people of the same country. It is amazing to think that such a thing could have happened to this country. About 260,000 rebel soldiers and 373,000 Union soldiers were killed (Text, pg. 378). The reason for such a high number of deaths is mainly because most battles of the war involved about 200,000 soldiers. With this many people fighting at once, there are bound to be a huge number of deaths. Another factor to the high death count is the fact that newer and better weapons were being developed. The new technology allowed guns to be more accurate and even more deadly. This, combined with the lack of medical attention, made it more likely that you would die in battle, than survive. Many soldiers could not make it to medics in time, and even when they got there, many of the medics were not sufficiently trained. This is sad to see, but they needed all the â€Å"doctors† they could get .   Ã‚  Ã‚  Ã‚  Ã‚  According to Alger, Cahan, and Gold, success usually was trading rags for respectability, not for great wealth (Text, pg. 472). Most of Alger’s stories tended to be glorified. Not many people really did make it the way that Alger’s characters did. Cahan gives a more realistic tale of this rag to riches theory by showing the spiritual loss that comes along with the material gain. Gold tells even grimmer stories of people how just flat out don’t â€Å"make it†. These are all different views on the theory, but all have truth behind them. Historians generally measured success by categorizing occupations. They then do random questioning and see what nationalities have become more successful according to job ranking. This is extremely inaccurate. First of all, there is no way that each nationality is fairly represented in these polls. Some countries, or even people, looking at the micro level, may judge success in different ways.

Ford Motor Company Essay -- Ford Transportation Vehicles Automobiles E

Ford Motor Company Ford Motor Company, a large United States automotive corporation, strives for success each and every year. The success of Ford Motor Company, as well as other corporations, can be measured by analyzing the two most important goals of management, maintaining adequate liquidity and achieving satisfactory profitability. Liquidity can be defined as having enough money on hand to pay bills when they are due and to take care of unexpected needs for cash, while profitability refers to the ability of business to earn a satisfactory income. To enable investors and creditors to analyze these goals, Ford Motor Company distributes annual financial statements. With these financial statements, liquidity of Ford Motor Company is measured by analyzing factors such as working capitol, current ratio, quick ratio, receivable turnover, average days' sales uncollected, inventory turnover and average days' inventory on hand; whereas profitability analyzes the profit margin, asset turnover, return on assets, debt to equity, and return on equity factors. LIQUIDITY Working Capital Ford Motor Company's working capital fluctuated significantly in the years 1991-1995. This phenomenon is directly attributable to the fact that Financial Services current assets and current liabilities are not included in the total company current asset and current liability accounts. For example, the fluctuation from 1994 ($1.4 billion) to 1995 (-$1.5 billion) of $2.5 billion would suggest that Ford would be unable to pay liabilities during the current period. However, examination of the Financial Services side of the business reveals that surpluses of $13.6 billion existed in both 1994 and 1995, convincingly mitigating the figures indicating negative working capital. Current Ratio & Quick Ratio The current ratio in the years 1991-1995 has remained stable, fluctuating between 0.9 and 1.1. The quick ratio has also remained stable, fluctuating between 0.5 and 0.6. The larger fluctuation in the current ratio versus the quick ratio is caused by inventories being included in the asset side of the equation. Although inventories were significantly higher in both 1994 and 1995, current liabilities were also higher. In addition, marketable securities decreased substantially in 1994 and 1995. These factors resulted in the stability of both the curren... ...company APPENDIX DESCRIPTION PAGE Consolidated Income Statements...................................Appendix 1-2 Spreadsheets..................................................Appendix 1 Graphical Representation......................................Appendix 2 Consolidated Balance Sheets......................................Appendix 3-5 Spreadsheets.................................................Appendix 3-4 Graphical Representation.....................................Appendix 5 Consolidated Retained Earnings Statement.........................Appendix 6-7 Spreadsheets.................................................Appendix 6 Graphical Representation.....................................Appendix 7 Consolidated Statement of Cash Flows.............................Appendix 8-9 Spreadsheets.................................................Appendix 8 Graphical Representation.....................................Appendix 9 Evaluation of Liquidity..........................................Appendix 10-11 Evaluation of Profitability......................................Appendix 12-13 Liquidity & Profitability Formulas...............................Appendix 14

Fool Chapter 16

SIXTEEN A STORM RISING The storm blew in during the night. I was eating my breakfast in the kitchen when a row erupted in the courtyard. I heard Lear bellow and left to attend him, leaving my porridge with Drool. Kent intercepted me in the corridor. â€Å"So the old man lived through the night?† said I. â€Å"I slept at his door,† said Kent. â€Å"Where were you?† â€Å"Trying to see two princesses ruthlessly shagged and starting a civil war, thank you, and with no proper supper, neither.† â€Å"Fine feast,† said Kent. â€Å"Ate till I nearly burst just to see the king went unpoisoned. Who is bloody St. Stephen, anyway?† Then I saw Oswald coming down the corridor. â€Å"Good Kent, go see that the daughters don't kill the king, and that Cornwall doesn't kill Edmund, and that the sisters don't kill each other, and if you can help it, don't kill anyone. It's too early for killing.† Kent hurried off as Oswald reached me. â€Å"So,† said Oswald, â€Å"you lived through the night?† â€Å"Of course, why wouldn't I?† I asked. â€Å"Well, because I told Cornwall of your rendezvous with Regan and I expected him to slay you.† â€Å"Oh for fuck's sake, Oswald, show a little guile, would you? The state of villainy in this castle is rubbish, what with Edmund being pleasant and you being straightforward. What's next, Cornwall starts feeding orphans while bloody bluebirds fly out of his bum? Now, let's try it again, see if you can at least keep up a pretense of evil. Go.† â€Å"So, you lived through the night?† said Oswald. â€Å"Of course, why wouldn't I?† I asked. â€Å"Oh, no reason, I was worried about you.† I clouted Oswald on the ear with Jones. â€Å"No, you nitwit, I'd never believe you're concerned for my welfare – you're a right weasel, aren't you?† He made to reach for his sword and I hit his wrist a vicious blow with Jones's stick end. The villain leapt back and rubbed his bruised wrist. â€Å"Despite your incompetence, our agreement stands. I need you to consult with Edmund. Give him this letter from Regan.† I handed him the letter I'd written at first light. Regan's hand was easy to duplicate. She dotted her i's with hearts. â€Å"Don't break the seal, it professes her devotion for him, but instructs him to show no outward affection for her. You must also caution him against showing any deference to your lady Goneril in front of Regan. And because I know the intrigue confuses you, let me map out your interest here. Edmund will dispatch your Lord Albany, thus releasing your lady to other affections, only then will we reveal to Cornwall that Edmund has cuckolded him with Regan, and the duke will dispatch the bastard, at which time, I will cast the love spell on Goneril, sending her into your own ferrety arms.† â€Å"You could be lying. I tried to have you killed. Why would you help me?† â€Å"Excellent question. First, I, unlike you, am not a villain, therefore I can be expected to proceed with a modicum of integrity. And, second, I wish to visit revenge on Goneril for how she has treated me, her younger sister, Cordelia, and King Lear. I can think of no better punishment for her than pairing her with the man-shaped tower of excrement that is yourself.† â€Å"Oh, that's reasonable,† said Oswald. â€Å"Off you go, then. See that Edmund doesn't show deference.† â€Å"I might slay him myself, for violating my lady.† â€Å"No, you won't, you're a coward. Or had you forgotten?† Oswald started to quiver then with anger, but he did not try to reach for his sword. â€Å"Run along, mate, Pocket's got a bumload of foolin' yet to do.† A randy hand of wind groped the courtyard, sending the sisters' skirts tossing and snapping their hair in their faces. Kent crouched and clung to his great broad-brimmed hat to keep it from being carried away. The old king held his fur cape tight around him and squinted against the dust, while the Duke of Cornwall and Earl of Gloucester stood by the great gate for shelter – the duke content, it seemed, to let his duchess do the talking. I was relieved to see that Edmund was not in attendance, so I danced into the courtyard, bells a-jingle, song in heart. â€Å"Hi ho!† said I. â€Å"Everyone get a proper bonking for the Saturnalia, did they?† The two sisters looked at me blankly, as if I might have been speaking Chinese or dog, and they had not, overnight, each received rousing repeated bonkings from an enormous donkey-donged nitwit. Gloucester looked down, embarrassed, I suppose, over abandoning his own pantheon for St. Stephen, and a wholly bollocks holy holiday feast. Cornwall sneered. â€Å"Ah,† said I. â€Å"Then a crispy biscuit baby Jesus cornu-bloody-copia of Christmas cheer, was it? Silent night, camels and wise men – frankenstein, gold, and myrrh all around then?† â€Å"Sodding Christian harpies want to take away my knights,† said Lear. â€Å"I've already lost half my train to you, Goneril, I'll not lose the rest.† â€Å"Oh, yes, sire,† said I. â€Å"Christianity is their fault. I forgot that the wind blew out of a pagan sky for you today.† Regan stepped forward then, and yes, she was walking a bit bow-legged. â€Å"Why do you need to keep fifty men, Father? We've plenty of servants to tend to you.† â€Å"And,† said Goneril, â€Å"they will be under our charge, so there will be no discord within the walls of our homes.† â€Å"I'm of my sister's mind on this,† said Regan. â€Å"You're always of your sister's mind,† said Lear. â€Å"An original thought would crack your feeble skull like a thunderbolt, you craven vulture.† â€Å"That's the spirit, sire,† said I. â€Å"Treat them like bins of used nappies and watch them come around. A wonder they've turned out so delightful with fathering of that quality.† â€Å"Take them, then, you flesh-tearing harpies! Would that I could drag your mother from her tomb and accuse her of most grievous adultery, for you cannot be issue from my loins and treat me so.† I nodded and lay my head on Goneril's shoulder. â€Å"Evidently the adultery comes from Mum's side of the family, pumpkin – the bitterness and stunning bosoms are from Papa.† She pushed me aside, despite my wisdom. Lear was losing all control now, trembling as he shouted impotently at his daughters, looking weaker and more slight with every word. â€Å"Hear me, gods! If it be you that stir these daughters' hearts against their father, then touch me with noble anger, and stain not my man's cheeks with women's weapons, the water drops.† â€Å"Those aren't tears on your cheeks, nuncle,† said I. â€Å"It's raining.† Gloucester and Cornwall looked away, embarrassed for the old man. Kent had his hands on the king's shoulders and was trying to lead him gently out of the rain. Lear shrugged him off and stormed up to his daughters. â€Å"You unnatural hags! I will have such revenges on you both that the world – er, I will do such things that I don't even know yet, but they will be horrible – the very terrors of the earth! But I'll not weep! I'll not. Even if my heart shall break into a hundred thousand shards, I shall not weep. O fool, I shall go mad!† â€Å"Aye, nuncle, smashing good start you're off to.† I tried to put an arm around Lear's shoulders, but he elbowed me away. â€Å"Rescind your orders, harpies, or I shall leave this house.† He made for the great gate. â€Å"It is for your own good, Father,† said Goneril. â€Å"Now, cease this ranting and come inside.† â€Å"I gave you all!† screeched Lear, waving a palsied claw at Regan. â€Å"And you took your bloody time giving it, too, you senile old fuck,† said Regan. â€Å"She came up with that one all on her own, nuncle,† said I, looking on the bright side. â€Å"I will go,† threatened Lear, another step toward the gate. â€Å"I'm not having you on. I'll head right out that door.† â€Å"Pity,† said Goneril. â€Å"Shame, really,† said Regan. â€Å"Here I go. Right out that gate. Never to return. All alone.† â€Å"Ta,† said Goneril. â€Å"Au revoir,† said Regan, in nearly perfect fucking French. â€Å"I mean it.† The old man was actually through the gate now. â€Å"Close it,† said Regan. â€Å"But, lady, it's not fit for man nor beast out there,† said Gloucester. â€Å"Fucking close it!† said Goneril. She ran forward and pushed the great iron lever by the gatehouse with all her might. The heavy, iron-clad portcullis slammed down, the points just missing the old king as they set in the ports a foot deep in the stone. â€Å"I'll go,† said Lear, through the grate. â€Å"Don't think I won't.† The sisters left the courtyard for the shelter of the castle. Cornwall followed them and called for Gloucester to come along. â€Å"But this storm,† said Gloucester, watching his old friend through the bars. â€Å"No one should be out in this storm.† â€Å"He brought it on himself,† said Cornwall. â€Å"Now, come along, good Gloucester.† Gloucester pulled himself away from the grate and followed Cornwall into the castle, leaving just Kent and me standing in the rain in only our woolen cloaks. Kent looked tortured over the old man's fate. â€Å"He's alone, Pocket. It's not even noon and the sky is as dark as midnight. Lear is outside and alone.† â€Å"Oh buggering bugger,† said I. I looked at the chains leading up to the top of the gatehouse, the beams that protruded from the walls, the crenellations at the top to protect the archers. Damn the anchoress and Belette for my monkey-training as an acrobat. â€Å"I'll go with him. But you have to hide Drool from Edmund. Talk to the laundress with the smashing knockers, she'll help. She fancies the lad, no matter what she says.† â€Å"I'll go get help to crank up the gate,† said Kent. â€Å"Not to worry. You look after the Natural, and watch your back for Edmund and Oswald. I'll return with the old man when I can.† And with that I shoved Jones down the back of my jerkin, ran and leapt onto the massive chain, spidered up it hand over hand, swung up onto one of the beams that protruded from the stone above, then hopped from beam to beam until I could find a handhold in the stone – and scurried up another story to the top of the wall. â€Å"Sorry sodding fortress,† I shouted to Kent with a wave. In a wink I was over the wall and down the drawbridge chains on the other side to the ground below. The old man was already at the gates of the walled village, nearly disappearing amid the rain, tottering out onto the heath in his fur cape, looking like an ancient sodden rat.