Personeel Management chapter

Working Individually or in groups, Identify the factors for a successful Incentive plan. For an Incentive plan to succeed, employees must have some desire for the plan. This desire can be influenced in part by how successful management is in introducing plan and convincing employees of its benefits. Encouraging employees to participate In developing and administering the plan is likely to increase their willingness accept It.Compensation specialists also note the following as heartsickness of a successful incentive plan: Financial incentives are linked to valued behavior, the incentive program seems fair to employees, productivity/quality standards are challenging but achievable, and payout formulas are simple and understandable. 2; Contrast the differences between straight piecework, differential piece rate, and standard hour plans. Explain where each plan might best be used. Straight Piecework: One of the oldest incentive plans is based on piecework.Under straight piecework, employ ees receive a certain rate for each unit produced. Their insemination is determined by the number of units they produce during a pay period. At Staircase, an office furniture maker, employees can earn more than their base pay, often as much as 35 percent more, through piecework for each slab of metal they cut or chair they upholster. Under a differential piece rate, employees whose production exceeds the standard output receive a higher rate for all of their work than the rate paid to those who do not exceed the standard.Computing price rate: Although time standards establish the time required to perform a given amount f work, they do not by themselves determine what the incentive rate should be. The incentive rates must be based on hourly wage rates that would otherwise be paid for the type of work being performed. (standard time per unit) (Hourly rate) (units per hour) (Minutes per hour) = units per hour = per unit Standard hour plan: Another common incentive technique is the stan dard hour plan, which sets incentive rates on the basis of a predetermined â€Å"standard time† for completing a Job.If employees finish the work In less than the expected time, their pay Is still based on the standard time for the Job multiplied by their hourly rate. For example, if the standard time to install an engine in a half-ton truck is five hours and 1 OFF mechanic's hourly rate times five hours. Standard hour plans are particularly suited to long-cycle operations or Jobs or tasks that are non-repetitive and require a variety of skills. 3; A frequently heard complaint about merit raises is that they do little to increase employee effort.What are the causes of this belief? Suggest ways in which the motivating value of merit raises may be increased. No easy solutions to these problems, organizations using a true merit pay plan often base the percentage pay ease on merit guidelines tied to performance appraisals. For example, Highlights in HARM 3 illustrates a guideline chart for awarding merit raises. The percentages may change each year, depending on various internal or external concerns such as profit levels or national economic conditions as indicated by changes in the consumer price index.Under the illustrated merit plan, to prevent all employees from being rated outstanding or above average, managers may be required to distribute the performance rating according to some pre-established formula (such as only 10 percent can be rated outstanding). Additionally, when setting merit percentage guidelines, organizations should consider individual performance along with such factors as training, experience, and current earnings. 4; what are the reasons behind the different payment methods for sales employees?The reason behind different payment methods for sales employees is that not every company shares exactly the same standards of measuring sales performance. From my point of view, the best method would be the combined salary and commission plan a nd it will be also the most useful. As its name says, it is made by two different plans, combined salary and omission plan, this obviously represents an advantage. It also offers some flexibility, allowing to the employees to receive bonuses and commission to certain sales periods. With this extra compensation, employees will keep their work up in order to get bonuses and incentives. ; Because of competitive forces within your industry, you have decided to implement a profit-sharing plan for your employees. Discuss the advantages of profit sharing and identify specific characteristics that will assure success for your plan. Profit-sharing plans differ in the proportion of profits shared with employees and in the distribution and form of payment. The amount shared with employees may range from 5 to 50 percent of the net profit. In most plans, however, about 20 to 25 percent of the net profit is shared.Profit distributions may be made to all employees on an equal basis, or they may be based on regular salaries or some formula that takes into account seniority and/or merit. The payments may be disbursed in cash, deferred, or made on the basis of combining the two forms of payments. 7; what are some of the reasons for the rapid growth of Seeps? Cite some of the potential problems concerning their use. The first advantage is that Seeps increase inconsiderable tax benefits and tax incentives; it also helps a lot in the retirement benefits for the workers avoiding taxation cuts.

Workshop

Should you use more reliable suppliers and how? What re the pros and cons ? Inventory cost higher or material cost will be affected ? Now Blush wants â€Å"shrinking service windows â€Å". How can you help In achieving this through a better procurement strategy ? SC Manager (SCM) Draw a complete and detailed supply chain diagram from suppliers of DEEP to delivery of material to AGAR. Try to identify from the diagram the practical way to improve your logistical performance and shorten the delivery time to meet Guard's requirements. Discuss with other managers if they can support your suggestion.Manufacturing Manager (MM) As a manufacturing manager, you receive materials from outside suppliers and manufacturing starts under your supervision. You then deliver the finished items to warehouse before sending to AGAR. Can you suggest some process re-engineering or any Improvement that you can suggest to help meet the demand of Finish ? As the main contact with Finish, how can you propose to your CEO that DEEP needs major business operations improvement to meet the request of AGAR otherwise DEEP will lose this major customer that they cannot afford to see this happen.You need to ether information from your managers and provide several key points and write on a short proposal to present to the class. You need to identify the â€Å"quality criteria† and â€Å"order winning criteria† of DEEP to convince that AGAR should continue the partnership with DEEP. Time Frame of Workshop Time Activity Remark 6. 00 – 6. 30 Deep reading of the case Group discussion to clear some points described in the case 6. 30 – 7. 00 Each role considers the issues that they need to address and make recommendation SEEM is to collect information and provide advice if needed 7. 00 -7. 30Thorough discussion of final report SEEM leads the team to finalize the recommendations report for later presentation 7. 30 – 7. 45 Short break 7. 45 – 9. 00 Presentation from the 10 groups Other groups critique the presentation with marks (from 1 to 9 marks) 9. 00 – 9. 15 Score counting The champion group will get 10% more mark in their case report assignment individually 9. 15 – 9. 45 General review of overall performance Grades for Groups Example : Group 1 will grade the other 9 groups to allocate the marks of 1 to 9 as shown below. The group with highest mark will be the champion.

Person You Admire

A boy and a girl Loved each other very much. Unfortunately the Girl Died.. 🙠 . Boy was Upset so much; and he couldn’t Stop his Tears. †¦ He kept on Crying Day and Night.. :’( . Many People gave Sympathy, but no Argument could Stop His Tears. . One Night He Slept and had a Dream; He saw the Girl in Heaven with so many Girls of Her age. He felt Relax.. . But He Noticed that every Girl was in Fairy Dress; and had a Lightened Candle in their Hands, but his GF had a Candle which was not Lightened..! . He asked Her: â€Å"Y Ur Candle is not Lightened? † . She said: â€Å"Whenever I enlighten My Candle; Ur Tears fall on it..! Please Stop Crying. :’( :’( :’( †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ Its love, ¦ when a little girl puts her energy to give dad a head massage. Its love, ¦ when a wife makes tea for husband and take a sip before him. Its love, ¦ when a mother gives her son the best piece of cake. Its love,  ¦ when ur friend holds ur hand tightly on a slippery road. Its love  ¦ when your brother messages you and asks did you reach home on time.. Love is not just a guy holding a girl and going around the city. Luv is actually a name of â€Å"care†Ã¢â‚¬ ¦ Hey†¦. 🙂 Take care†¦ 🙂  ¦ i love you †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 🙂  ¦ †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.  ¦Ã‚ ¦Ã‚ ¦very nice story ¦Ã‚ ¦Ã‚ ¦ Boy Calls is GF at midnight.. Girl: Hey darling Is everything alright? Boy: I wanted to tell you somethng important Girl: Aww. but we just talked before too right? What's it sweety? Boy: I want to stop our relationsh ip as GF;BF Girl: *Speechless* omg.. But. WHY? I didn't even do anything! Boy: Cuz I want to love u as my WIFE â€Å"Will u marry me Angel†  ¦Ã‚ ¦Ã‚ ¦ †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. There was a Boy ‘n a Girl, They were best friends for years ‘n years, They could Talk for hours on the Phone ‘n text each other for days, When They were Together; Not a single Sad Thought could cross their Minds, 🙂 everything was Great, But One Day; The Boy did not Answer any Call or Reply to any Text for a Day, The Girl was worried that something was Wrong.. 🙠 at night She couldn’t Sleep.. , She was sitting in her Room Crying, ‘n It was then that She Realized how much He Means to Her..? 🙠 The next Morning; She woke Up from a Phone call.. , It was the Boy.. 🙂 Boy : Hey.. , Girl : Im so glad that you Called Me, What happened to you yesterday Boy : I was Busy [ The GIRL Understood that; Something was Wrong but could not Ask] [silence] Boy : You know.. ; We should Stop talking..! Girl: What.. , But Why 🙠 Boy: I am Sorry, Bye..! 🙠 He Disconnected the call, ‘n She Felt as If Somebody had Slammed the door on Her face] Everything else Flashed in Her Mind, Tears :’( Cars running by Her.. Roof of some building.. ’n Sunset.. She couldn’t understand anything.. She started Feeling Lonely, Dejected, ‘n broken.. :’( That was the answer to everythin g! His words were pouncing on her.. Her heart wanted to jump out! He was the One..! â€Å"Why.. † She Screamed at the Top of her Voice; Then She made up Her Mind to make a last Try to get Him Back..! [She called Him Up] Girl: hi†¦ Boy: Why are you calling Me? Girl: I need to tell you Something.. Boy: Go Ahead. Girl: I Just Wanted You to know one thing before we stopped talking! Boy: Tell me..! Girl: Are you All right? [She broke off..! She tried but may be he doesn't really Care about Her, She Thought! She wasn't His friend in the first Place†¦ Tears were slowly running Worst :'( She left the House with a Note..! [5 hours later] Phone Rang in the Boy’s Room, It was the Girl’s Mum, The girl was lying in the hospital, Got hit by a Car, :’( The Boy rushed to the Hospital where She was. She Opened Her Eyes with the Boy’s name.. , He took her Hand.. Boy: Im so Sorry Its all my fault..! But; I promise when U get better I’ll make It up to You.. ( Girl: I wont get Better.. Boy: No..! No Don’t say that.. 🙠 Girl: just tell me one thing Why did you do it? Boy told her that He had a Heart problem ‘n he did not want her to be worried; ‘n there was a risk that he could have Died..! Boy: I did that because I†¦.. I†¦.. I Love you ..? Girl : I LOVE YOU TOO..? ‘n After That her heart Stopped Beating†¦:O She Died..! :’( The Boy died 10 mins later from a Heart Attack.. :’( He could not live with the thought that; She died Because of Him.. :’( -Moral: If You Love Someone†¦; Then Don’t Hold Back Your Feelings†¦ because Love is The Reason to Live..! Love is Beautiful..? ! ike this page if you like this story  ¦ I Never Wanna Live Without You  ¦ †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. Types 0f HUGS: Someone who's taller than you – Feels Safe. Shorter than you. – Feels Protective. Larger than you – Tight. Skinnier than you – Arms Go All The Way Around. Mom – Loving Best friend – Friendly HIM / HER – The Best Feeling In The World, You Feel Safe n Warm n Never Want To Let Go. . †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ ^_^  ¦Ã‚ ¦Ã‚ ¦Ã‚ ¦Ã‚ ¦Ã‚ ¦Ã‚ ¦ You k? ? l S? l, You k? ? l w, You k? ? l Lov?d, W? th ?vyth? ?g You do. You Hold ?los? Wh ? S? d. You W ? Th? T ?s ? ?o? ?y . ?vy T? W? ? ? Tog?th, ?t Ss L? k? Th? ? t ? l? . ?y ?y?s L? ght U? Wh You t ? ?oo?. ? S l? Wh W? ? Tog?th. ?o tt How d Th? ?gs ? , You ? lw? ys k? Th tt. ? Lov? Th? W? y You K? ss , Th? W? y You Hold T? ght. ? Lov? Th? W? y You Tou?h , ? ?ould W? th You ? ll ght. ? Lov? Th? W? y You ? k? L? ugh ?o? ? ?solut?ly ?o so? ? t ? ll. ? Lov? How ?o tt Wh? t ? do, You W? ll Th To t?h Wh ? ll. ? Just W? ?t You To K?ow, Th? t ?v Though W? Sot? s ght, ? W? ll ? lw? ys Lov? You! ?o tt Wh? t, d? y O? ght..!! †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â ‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. When a Girl cries for a Boy .. It means that She misses him a lot ..  ¦ But, When a Boy cries for a Girl It means that .. No one in this World can Love the Girl More than that boy..!  ¦  ¦ †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ Guy – Can I c0nfess s0mething? Girl – Sure! Guy – You've the prettiest smile I`ve ever seen ? .. Girl – Can I confess s0mething as well? Guy – Yeahh. †¦Ã¢â‚¬ ¦ Girl – This smile only exists because 0f y0uu =] †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 6 years: Mom knows everything ! 8 years: Mom knows alot ! 12 years: Mom really doesn't know everything ! 14 years: Mom knows noth†¦ ing ! 16 years: Mom, what mom ! 8 years: Mom is outdated ! 25 years: Maybe Mom knows! 35 years:Before deciding, let's ask Mom! 45 years: I wonder what Mom thinks! 75 years: I wish. Mom was here to ask !  ¦ ! †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..  ¦ Like this status if u † love † some1†¦  ¦ Like this status if u † miss † some1†¦  ¦ Like this status if u † smiled † today†¦  ¦ Like this status if u † cried † today†¦ †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. Girl: I'm jealous. WHEN others Girls r looking at u Boy: Don't be jealous, Baby.. Girl: Why? Boy: ‘Cause you have something that they don't. Girl: What? Boy: My heart  ¦  ¦ †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦  ¦ 7 signs your falling in love  ¦ . You'll read their texts over and over again 6. You'll walk really really slow while you r with them 5. They become all you think about 4. You'll get high just by their smell 3. You'll realize that you're always smiling, when you think about them 2. You'll do anything for them 1. While reading this, there was one person on your mind the whole time †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ True love is not how you forgive, but how you forget, not what you see but what you feel, not how you listen but how you understand, and not how you let go but how you hold on. †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚ ¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. -Kiss on the Forehead: We are cute together . Kiss on the Shoulder: Your perfect. – Kiss on the Cheek: We are friends. – Kiss on the Neck: I want you, now. – Kiss on the Hand: I adore you. †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ – Kiss on the Lips: I love you. †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ A Girl and her Boyfriend were texting after a sweet fight .. Girl: I never win. :'( Boy: Now thats a lie! Girl: How Boy: b'coz you won my heart my  ¦ 🙂 †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..  ¦ Boy : Baby i want to tell you something  ¦ Girl : Yes ?  ¦ Boy : When you go home today thank your mom for me.  ¦ Girl : Okay but why ?  ¦ Boy :Thank her because she gave birth to an angel in this earth w ho is my life and to whom one day will be my wife†¦.  ¦  ¦ †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. -How to make a girl smile –  ¦1 . Tell her she is beautiful (not hot, fine, or sexy)  ¦2 . Hold her hand at any moment .  ¦3 . Kiss her on the forehead.  ¦4 . Leave her voice messages to wake up to.  ¦5. When she is upset, hold her tight and tell her how much she means to you.  ¦6 . Sing to her no matter how horrible your voice is.  ¦7 . Pick her over all the other girls you hang out  ¦8 . Play with her hair  ¦9 . Let her fall asleep in your arms.  ¦10. Carve your names into a tree.  ¦11 . Bring her flowers.  ¦12 . Look her in the eyes and smile.  ¦13. Let her take as many pictures of you as she wants.  ¦14. Slow dance with her, even if there isn't any music playing.  ¦15 . If your in love with her . . . tell her 🙂 †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. Love is like a rubber band held at both ends by two people†¦ when one lets go, it will hurt the one still holding on. .. †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. Ofcourse A Girl's Smile Is More Cheerful Than Boy's Smile.. But a Single Tear In Boy's Eye Is Much More Painful Than Girl's Cry! †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. â€Å"Care should be in heart not in words†¦.. and Anger should be in words not in heart.. † †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. BOY: A, B, C GIRL: What? BOY: Always Be Careful GIRL: ahan then? BOY: D, E, F, G Girl : BOY: Don't Ever Forget That GIRL: ForGet That BOY: I'm H, I Girl: What H, I ? BOY: Happily Inlove GIRL: so BOY: J, K, L, M, Just Keep Loving Me GIRL: and how about N, O, P, Q, R, S, T, U, V, W, X, Y, Z ? BOY: No Other Person Quite, Reasonable, Shall Treat U Very Well Xcept me You'll Zee †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. After Me .. When I will not be here, When i will be gone forever, When i will be dead, Just Come to My Grave,Dont Cry .. Just put Some Wild Flowers Beside me, Sit along the Yard for Few Moments, Talk to me,Cheer Me up .. Remember the Times When We Were Together, When We Were Friends, Listen To My Quiet Reply.. Enjoy Those Moments, Try to understand the Unsaid Words ‘n Consider How Much You still Mean To Me†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦!! †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. as the sun breaks my heart aches i wish you were here but your there You broke my heart now im a lost box like a red fox All alone in the snow I wont glow With out you near because your my love My only You took my heart and left me the broken pieces ;/3 †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. A Cute Reply: Girl:- If I Ask You To Give Up Everything For Me, Will You? Boy:- No Girl:- *Sobbing* Why ? =( Boy:- Because You're My Everything And I Can't Give You Up†¦.  ¦ †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. I've learned a few things abou t life†¦ . everyone lies 2. everyone is fake 3. trust means nothing 4. promises are broken 5. expect the unexpected 6. not everyone will like you 7. you can't please everyone 8. looks are deceiving 9. heartbreak happens 10. No matter how much you want something change, it probably won't! †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ People Always Think That The Most Painful Thing Is Losing The One You Love In Your Life The Truth Is The Most Painful Thing Is Losing Your Self In The Process Of Loving SomeOne Too Much Forgetting That You're Special Too !!! †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. ~ SCHOOL LIFE ~ Most Irritating Moment – Morning Alarm†¦ Most Difficult Task – To Find Socks†¦ Most Dreadful Journey – Way To Class†¦ Most Lovely Time – Meeting Friends†¦ Most Tragic Moment – Surprise Test In 1st Period†¦ Most Wonderful News – Teacher Is Absent†¦ =P 😉 †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ When a Guy is Hurt †¦ He smokes , Drinks , Tries to be Mightier , Devilish , Crazy , Mad †¦. But When a Girl is Hurt †¦. .. .. . , .. . .. Sleeps Silently with a Teddy Bear † †¦.. !!!! †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ Gf:- Baby i seriously don't know why your ex hates me so much Bf:- Look at the keyboard on your computer Gf:- Why Bf:- Because U and I are together, and my U come above my X Gf:- *Blushes* †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢ € ¦.. CUTEST PROPOSAL by a boy  ¦ Boy: can u plz close ur eyes for a moment? Girl: ok,done Boy: thanx,what a darkness isn't it? Girl: yeah Boy: that is my life without u.  ¦ †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. How can I live without U ? When my hapPiness is present in smiles of U, When my destiny is present in hands of U, When my comfort is present iN arms of U, When my life is present in soul of U, When my glow is present in eyes of U, When my Love is present near around U, & When I know it that, I can't Love any one more than U  ¦ †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. Boy : Do u love me more thn ur family ? Gal : No Boy : Why ? Gal : okay Listen dis. hen i started to walk I fell, u were not there to pick me up. bt my mom was. When i went outside, u were not th ere to hold my finger. bt my dad was. When i cried . .u didnt give me ur toys to play. .bt my brother n sister did. My family iz more precious thn anythng else. !! 🙂 †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. If You Look Inside A Girl's Heart And See How Much She Cries .. You Will Find Secrets .. Promises.. And Lies.. But What You Will See The Most Is How Hard She Tries To Stay Strong .. When Nothing Is Right And Every Things Wrong .. !! †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. If I could freeze time.. I'd freeze that moment.. When we were together.. There was so much.. I wanted to say.. But the one thing.. I wasn't able to tell you.. Was how much I wanted you to stay.. †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ Girl: If I ask you to give up everything for me .. will you ? Boy: No ! Girl: *Sobbing* Why :'( Boy: Because you're my everything and I can't give you up†¦ :] †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ Girl : *crying*  ¦ Guy : Whats wrong?  ¦ Girl : Nothing.  ¦ Guy : *hugs the girl* and said Sorry .  ¦ Girl : Why did you say sorry?  ¦ Guy : Cause I wasn't there to protect you from the person who made you cry.  ¦ †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ Cutest Story I Ever Read: A Small Boy Found A Tear In His Lovers Eye So He Hugged Her Still The Girl Continued To Cry Boy Asked: Why? The Cute Girl Replied: If For Every Tear, I Get A Hug From U Then I Would Cry Forever..! †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ Boy: You Wanna Know Something? Gal: What †¦ Boy: Loving You Is The Second Best Thing I Ever Did !! Gal: Okay†¦.. Boy: You Wanna Know The First?†¦ Gal: Sure†¦.!! Boy: Finding You:-) †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. girl: why do you keep looking at your hands? boy: there's something wrong with them.. girl: what? boy: you aren't holding them†¦ †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ Boy:- Are u good in your A to Z? Girl:- Yeah! Boy:- Look at these â€Å"ABCDEFGHIJKLMNOPQRSTVWXYZ† Which letter is missing? Girl:- Hmm.. â€Å"U†? Boy:- Yeah, where did that letter go? Girl:- I dont know, where ? Boy:- â€Å"U† went inside My Heart !  ¦! (: †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. A Beautiful Story wish to share with you : Once a man saw in his dream, that a lion was chasing him. The man ran to a tree, climbed on to it and sat on a branch. He looked down and saw that the lion was still there waiting for him. The man then looked to his side where the branch he was sitting on was attached to the tree and saw that two rats were circling around and eating the branch. One rat was black and the other one was white. The branch will fall on the ground very soon. The man then looked below again with fear and discovered that a big black snake had come and settled directly under him. The snake opened its mouth right under the man so that he will fall into it. The man then looked up to see if there was anything that he could hold on to. He saw another branch with a honeycomb. Drops of honey were falling from it. The man wanted to taste one of the drops. So, he put his tongue out and tasted one of the falling drops of honey. The honey was amazing in taste. So, he wanted to taste another drop and then another and as a result, he got lost into the sweetness of the honey. He forgot about the two rats eating his branch away, the lion on the ground and the snake that is sitting right under him. Suddenly when the branch broke he remembered all the dangers woke up from his sleep. Since this was an unique dream, the man went to a pious scholar of Islam to know its meaning. The scholar said â€Å"The lion you saw is your death. It always chases you and goes where ever you go. The two rats, one black and one white, are the night and the day. Black one is the night and the white one is the day. They circle around, coming one after another, to eat your time as they take you closer to death. The big black snake with a dark mouth is your grave. It's there, just waiting for you to fall into it. The honeycomb is this world and the sweet drops of honey are the luxuries of this world. We like to taste a little of the luxuries of this world and it's very sweet. Then we want to taste little more and then more. Meanwhile, we get lost into it and we forget about our time, we forget about our death and we forget about our grave. † May Allah wake us up from the sleep and save us before it's too late. Ameen. †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. Girl: We're best friend,right? Boy:Yes,of course Girl: So be honest with me,who do you like? Boy: No one. I love someone. Girl: Oh,she must be very lucky Boy:Definitely. I've loved her, ever since I met her Girl:Really? Well,since we're best friends, I wanna meet her. Go call her. Boy: Oh okay. & Boy takes out his phone, dials her number and phones her. Girl: Wait, hold on I think I'm getting a call *Answers the phone. Boy: I love you

Research paper on Fences by August Wilson Essay

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Fundamental Musculoskeletal MRI - Essay Example However, similar to the posterior elbow, only one capsular attachment covers these two fossae. The proximal end of the ulna has two processes, the olecranon and coronoid, with the former being the site of attachment of the triceps tendon. Aside from the head, the radius also has a tuberosity, located beneath the medial aspect of the neck (Bhutani, 2011). The structure of the elbow is maintained by a weak fibrous tissue that envelopes the whole joint. The synovial membrane lines the inner surface of the capsule, and in between the synovial membrane and capsule are several fat pads. The collateral ligament complexes on the elbow are found to overlie the capsule. The radial or lateral collateral ligamentous complex consisting of the the radial ligament, annular ligament, lateral ulnar collateral ligament, and accessory ligament attaches superiorly to the lateral epicondyle and inferiorly to the radial notch of the ulna and to the annular ligament. On the other hand, the ulnar or medial collateral ligament spans from the medial epicondyle to the coronoid and olecranon processes. At the elbow is another joint, called the radioulnar joint, which is between the radial head and the radial notch of the ulna (Bhutani, 2011). Figure 1. Diagram of the Elbow. From The Ohio State University Wexner Medical Center. Tennis Elbow [online] Available at: In conducting elbow MRI, patient can be positioned prone or supine, with the arm overhead. Taking the latter is more comfortable for the patient (Vahlensieck, Genant, Reiser, 2000). Imaging is from 10 cm above the elbow joint to the bicipital tuberosity (Bhutani, 2011). The elbow MRI imaging options are axial, sagittal, coronal, oblique and reformatted thin-section gradient-echo images. The axial image is necessary to assess

AsianAmerican Study-how intersectional identities must shape an Asian Assignment - 1

AsianAmerican Study-how intersectional identities must shape an Asian American agenda for SOCIAL CHANGE and what that agenda should look like in the 21st century - Assignment Example This is whereby, coupled with other discriminative strategies, those that are in the system of oppression focus more on the fact that the victim is a foreigner. This paper’s focal point is to outline how these intersectionalities are constantly being used in various regards in the discrimination of the Asian American community. The Dream Act refers to an existing piece of legislation that is bipartisan. It relates to young people that have grown up in the United States, through its high school system but their future has become bleak as threatened by immigration laws. It should be noted that 11% of immigrants into the U.S.A are Asian American (Havard Kennedy School, 29). Although the Dream Act focuses on a number of requisites in order for one to be registered as American, this paper, only focuses on two. Firstly, the provision that one must be of sound moral character has been a point of confusion for Asian Americans as it is not specific enough. There have been cases where Asian Americans faced deportation and proved in accordance with the law that there were of good moral conduct but still emended up on the blunt side of the law. Secondly, the provision for military enlistment is one that has been used to lure many Asian- Americans into the military only to have them do it in vain as they never acquire registration. In the same light, the immigration laws have for the most part been used against Asian Americans. This beats the logic of legislation because rather than shed light on the issue it has cast the Asian American community further in the dark. As previously stated the moral standing clause is one that is not sufficiently in use as even Asian Americans that have met all assertions, of it, still face deportation. Furthermore, the immigration laws are not fully effective to deal with some rarities. For instance as in the case of Tam Tran, a 24 year old university student, the country upon which one may be deported to (on the

The problems with traditional ethnographic filmmaking as exemplified Essay

The problems with traditional ethnographic filmmaking as exemplified by Nanook of the North - Essay Example The film Nanook of the North is a pioneering effort by film-maker Robert Flaherty. Released in 1922 and filmed in the immediately preceding years, the film was a tentative experimentation in two genres – ethnography and documentary. At a time when the written word was the primary mode of information dissemination, Nanook of the North attempted to achieve what an ethnographic book on the Eskimo would have done. When motion picture as we know it today was taking its early steps as a medium of popular culture, Flaherty, who called it a non-fiction film, can be credited to have made the first documentary. Looking back at the ninety years since the release of Nanook of the North, one can see vast improvisations in film-making technique and technology. The addition of synchronized sound would be another cornerstone in the history of films. (Ellis & McLane, 2005) As can be expected in this early example/experimentation with narrative film, there are a few obvious problem areas. While nominally adapted to the documentary form, the viewer cannot avoid feeling the enactment of a pre-conceived script. It is as if the film-maker, instead of making himself the invisible observer of unfolding events, seems to have instructed Nanook and his clan to perform specific acts. This is typical of not only early documentaries but also the vast body of ethnographic publishing of the previous century. For example, other post-First World War forays in this genre such as Dziga Vertov's The Man with the Movie Camera, Walter Ruttmann's Berlin: Symphony of a City (1927) and John Grierson's Drifters (1929) all share this common flaw. This is also true of Flaherty's subsequent film Moana (1926). Flaherty portrays Eskimo and Samoan cultures in a revisionist mode by creating imagined characters, bringing back to life lost cultural practices (such as hunting for Walruses using harpoons) and setting the film in an ancient period (conveyed to the audience through use of oil lamps when elect ricity is easily available). All this goes to show that these early ethnographies were â€Å"done less in the name of art than to salvage elements of the past by portraying them in the filmic equivalent of 'the ethnographic present'. As a result, Flaherty's alterations and temporal licenses met considerable disapproval in scholarly circles. He only inflamed passions further by stating, 'Sometimes you have to lie. One often has to distort a thing to catch its true spirit'." (Askew, 2006, p.29) There is also a directorial slant that seeks to iterate well-established stereotypes of the natives. This is not only applicable to Nanook and the Native American stock he comes from, but also to all indigenous people under European imperialist purview. For example, similar stereotyping of the natives is evident in British-authored ethnographies in Indian subcontinent, German experience in African colonies, Belgians in the Congo and the French occupation of Indo-China. What is also evident in early film ethnographies are the fixedness in perspective – these films were made by white men for other white men, with a patronizing attitude toward nativities/communities being explored. Further, the primitives were shown to display Western family ideals: â€Å"Like a museum display in which sculpted models of family groups perform "traditional activities," Nanook's family adopts a variety of poses for the camera. These scenes of the picturesque always represent a particular view of family or community, usually with the father as hunter and the mother as nurturer, paralleling Western views of the nuclear family. In the following trading post sequence, Nanook is shown to be ignorant of Western technology....This conceit of the indigenous person who does not understand Western technology allows for voyeuristic pleasure and reassures the viewer of the contrast between the Primitive and the

LEADERSHIP AND MANAGEMENT EFFECTIVENESS Essay Example | Topics and Well Written Essays - 750 words

LEADERSHIP AND MANAGEMENT EFFECTIVENESS - Essay Example Operational effectiveness happens when management shows that it recognizes the employees abilities and takes initiatives to support its employees through advancements, personal development programs or other actions in high-performance environment. To achieve operations and organizational effectiveness certain factors have to come into play like resources that are essential for the performance of production activities. The operations role is to enable managers to determine and schedule the resources needed to meet business targets. Matching these resource inputs and production targets helps to achieve organizational effectiveness. This is because you are able to regulate the speed, dependability, quality and flexibility of the operations. Focus on training gives managers time to control less and allow employees to manage themselves to create a sense of employee empowerment, this helps to evaluate and gauge the technical and production capacity of the organizations resources (Dressler, 2004). A successful management strategy requires putting in place an integrated planning process, including steps to take and should take a two-tiered approach where there is free flow of information. There are various organizational strategies that lead to an effective management and organization. These include understanding previous initiatives leaders and employees to learn what worked, what did not and what gaps need to be filled, involving top management helps to increase the employees drive where the employees may be asked to share their opinions with their superiors, Identifying people who might be potential stumbling blocks or champions helps individuals understand their strengths and weaknesses and managers identify how individual behaviors might affect group dynamic. Constructing an effective communications system is also an effective strategy which

Benefits of exercising Annotated Bibliography Example | Topics and Well Written Essays - 500 words

Benefits of exercising - Annotated Bibliography Example Philpott, Houghton and Luke used available information on exercise science to create a listing of several common childhood ailments and the specific risks and benefits of physical activity related to each of those conditions, in an attempt to provide guidelines for increasing overall health and fitness in children with those illnesses. The authors of this paper are clinical pediatricians, and they are writing for others who practice pediatric medicine. This paper will help me to compare the risks associated with exercise in someone with other medical conditions, so I can better determine whether those individuals will benefit from exercise. Borjesson and a group of other researchers from the Sahlgrenska Academy Department of Medicine used the existing body of knowledge for older adults, as well as their personal experience as medical practitioners and researchers, to develop assessment models for exercise in those older adults. Exercise in middle-aged adults is linked to better cardiovascular health, but at high intensity is also linked to sudden death through cardiac arrest. Due to this, Borjesson and his group wrote this paper for other practitioners to assess their patients, as well as to provide an assessment model to be given to the general public to help with self-assessment for the potential risks of exercise. This paper will help me to compare the risks of exercise to the potential benefits and determine who will gain the most from exercise and who should be limiting their physical activity for optimal health.

Dead Man in Deptford and Any Old Iron Essay Example for Free

Dead Man in Deptford and Any Old Iron Essay Using the extracts from Dead Man in Deptford and Any Old Iron, and the whole of A Clockwork Orange, discuss the effectiveness of Burgess wide and varied use of language and dialect. If I were to begin this essay with a foreign word, a phrase that had been obsolete for four hundred years, and a totally incoherent sentence, complete with fabricated slang terms, then the fair or foul reader (but wheres the difference) would probably dismiss it and I would receive an F. And yet I would be imitating the style of one of the twentieth centurys prolific and widely discussed authors: Anthony Burgess. In every novel that he has written, Burgess has displayed a love of, and an acute skill for, words and word-craft, which a blacksmith might display in his trade. As soon as I started to read A Clockwork Orange, I wanted to put it down again. In the second paragraph, I counted eighteen words that I did not understand, including such timeless gems as droog, rassoodocks and, my personal favourite, mozg. I was equally baffled when confronted with the two extracts. But I slavishly stuck to it (partly because of my rather demanding English master), mostly because I was personally intrigued as to what those terms meant. One soon realises that Burgess actually likes to do this it is his wordplay. But equally, it is also an integral part of the book; he adapts his style of language for a number of reasons Firstly, in order to complement the era within which his plot takes place. For instance, Dead Man in Deptford is full of extinct words such as simulacrum and inkhornisms, and further to this, it is written in the grammatical style of a sixteenth century playwright, with long and jumbled sentences such as You must suppose that I suppose a heap of happenings that I had no eye to eye knowledge of or concerning. And in A Clockwork Orange, there are many unknown words since the novel is set in the future, and presumably the language has evolved over time. Secondly, he includes certain words and phrases in order to set the scene and establish a certain ambience. An effective example is Alexs entrance into the treatment clinic in Chapter Three of Part two of A Clockwork Orange. Whereas before Alex has relied heavily on his invented words in his narration, here he only uses the basic words such as horrorshow. Instead he concentrates on the description of his surroundings, using the word white many times. The lack of slang contributes to this description and tells the reader what Alex is thinking at that moment. Here, for instance, he is wary of his new environment and not yet comfortable enough to use his familiar language. A third explanation for Burgess use of language lies in the variety of the various characters, in the novel and both extracts. This is where dialect and implied accent become very important. Any Old Iron provides a good example in Dai Williams. His speech does not really include unfamiliar words and phrases, but there is a huge difference in his style. Lets take the sentence, Back to it with your youth and your vigour and it is your shout now. Its length, enhanced by the use of and and the repetition of your, seems to imply the intonation and speed with which it should be read. There is a certain rhythm that cannot be avoided when reading it. In other words, it looks Welsh, and when read, it sounds Welsh. Examples in A Clockwork Orange where dialect is used to distinguish characters come at the end of Part One, where the starry old ptitsa uses swashbuckling and old-fashioned language, such as wretched little slummy bedbug. The several comic book villains in Alexs cell in prison also add some variety, and in this case, humour: Yeth, yeth, boyth, thatth fair. But the final explanation for Burgess wordplay is by far the most important: it influences the reader to think in a certain way. This is most prominent in A Clockwork Orange. In the first half of the novel every tolchock or kick that Alex makes is usually preceded by the word horrorshow, so that it is constantly drummed into the readers mind that what Alex is doing is good. In contrast, the description of violence in the second half of the novel, after Alexs treatment, lacks any poetry, elaborate slang, and therefore glorification. We see what Alex sees: pure, repulsive and undisguised violence. We feel what the narrator feels. This can be said of another part of A Clockwork Orange and a certain part of Dead Man in Deptford: wherever there is an argument leading up to a fight. In Dead Man the verbal jousting comes before a particularly large brawl, one that is described in a rapid and flowing manner, almost as a commentary. Marlowe enjoys what is happening, like Alex. But also like Alex, when Marlowe is describing violence later on in the novel (the executions), there is a complete lack of enjoyment and fancy wordplay. As a side note, there is one extra reason why our great philologist Mr Burgess uses such language and dialect. It is for the simple reason that it is vastly enjoyable, both for him and for the reader. In Clockwork and Dead Man, Burgess has had the opportunity to create words and styles that go against the rules of contemporary English (this is true of Dead Man because there are no records of how Elizabethan citizens spoke). At first this can prove to be extremely irritating and demanding, and the reader feels the need to reach for a dictionary after every sentence. It is particularly annoying because the reader knows that this is English, a language he or she should understand, and yet it is totally incomprehensible. But I personally enjoy immense satisfaction by simply reading the novel without help, and interpreting the words in my own time. It soon becomes easy and very rewarding.

How Monetary Policy Can Influence Stock Market

How Monetary Policy Can Influence Stock Market Rakesh Kumar Nair Table of Contents (Jump to) 1.0 Introduction Understanding Monetary Policy and Stock Market. 1.1 Monetary Policy. 1.2 Stock Markets. 1.3 Objectives and Methodology. 2.0 Literature Review. 3.0 Financial Markets Explained. 3.1 Need for Government Regulations 3.1.1 Regulations in the UK. 3.1.2 Monetary Policy and Regulations in the US. 4.0 Analysis of Interest Rates, Inflation and Stock Market. 4.1 Post – 1995 Trends in Inflation, Interest Rates and Stock Market. 4.1.1 Correlation between Inflation Rates and Interest Rates. 4.1.2. Influence of Inflation Rates and Interest Rates on FTSE 100 Index. 5.0 Conclusion. References. Tables Table One: Chapter 4, Chart I and II, FTSE Stock Index 1995/2005, and Bank of England Interest Rates. Table Two: Chapter 4, Chart III and IV, Comparison UK Interest Rates, Inflation Rate, and FTSE Stock Index (percentage change). Financial markets are an essential component of an economy. With the virtual disappearance of borders preventing free flow of capital across nations, its implications not only affect a country’s economic growth but also the country’s ability to raise capital to meet its investment requirements. Financial markets, in this respects, covers the whole range of financial assets, companies and their products. The market participants involved may include those dealing in the derivatives markets, venture capitalists, foreign exchange dealers, hedge funds, investment banks, stock brokers, and financial credit agencies. Considering this diversified interest groups, it is essential that we have certain control regime to regulate this complex markets. Unlike other sectors such as Service and Manufacturing, the financial markets are essentially more sensitive to market behaviour and trends. Note that this does not in any sense mean that service or manufacturing sector is any less influential than the financial sector on economic growth. In recent times, we have observed that trends in financial markets in one country can influence the behaviour of these markets elsewhere. This integration and interdependence of the world financial market has brought about increased necessity for interest rate parity to prevent capital from moving frantically from one economy or sector to another. Federal banks in conjunction with their respective governments introduce reforms and regulations to control capital movements in and out of the country. These reforms and regulations are introduced by the federal bank through its monetary policy. Monetary policy can be defined as an â€Å"Instruments of Control† that a federal bank, in agreement with its respective government policy, use to control (i) price stability, (ii) inflation, (iii) money supply, (iv) exchange rates, (v) unemployment and (vi) Sustainable output. Each of these components highlighted have drastic implications for the short term and long term economic growth rates. Taking into consideration the main area of this study, we aim to understand how monetary policy can influences stock markets. To do this, we first need to know why capital moves from one sector/economy to another. How does current short term and long term interest rates influence the demand for money? Interest rates are used to control inflationary pressure and to control flow of money into the economy. Excess demand and supply for money in the economy can create inflationary pressures. These inflationary pressures and demand and supply of money are controlled through monetary policy. 1.1 Monetary Policy. By applying macroeconomic principles we know that movement of capital takes place to profit from sudden and unexpected changes in market sentiments. Consider a situation wherein there has been a sudden drop in interest rates by the federal bank. A drop in interest rates has positive implications in the sense that borrowers would find it cheaper to raise capital from the market. But why would a private lender lend his capital in an economy when he can profit by lending his capital for higher returns in some other economy ? This may force the lender to take his capital out of the economy to some other profitable destination. Such movement of capital – in and out of the economy will put pressure on the exchange rate to change. By how much does this movement will affect the exchange rate would depend by how much the federal banks lending rates can offset the negative implications of capital transfer by the capital lender. Whether positive or negative, the federal bank would have to devise a strategy to meet the demand for money not only by domestic borrowers and lenders but also by foreign borrowers and lenders. Expansionary and restrictive monetary policy can both have inflationary pressures. Curbing money supply with higher interest rates would lead many borrowers of capital to transfer these additional costs on to their customers. On the other hand, expansionary monetary policy with lower interest rates would lead to excess spending as disposable income increases. This would cause the prices to increase beyond the sustainable level. In this case, the primary objective of monetary policy is to maintain prices at a sustainable level. Such economic trends would warrant a monetary policy that can pump and pull money out of circulation, keep the real interest rates level at an optimum level and ensure that the domestic currency’s external value is determined by the market forces of demand and supply.. 1.2 Stock Markets. Business establishment look at various sources to raise capital to meet its expenditure requirements. They do so by raising capital from the market by selling equity to shareholders. Shareholders invest in anticipation of higher dividends. Firms need to raise capital from the market to meet its short and long term obligations. Suppose that a firm is not able to raise capital at an affordable rate, it would be forced to transfer the additional costs of borrowing on to its customers. Such an action would make its output more expensive in the market and it can have consequences for its profits generation and dividend policies. Less profits and lower dividends can hamper shareholder interests and its equity prices may take a drop. How does monetary policy work towards bringing stability in the stock market prices ? Stock prices are among the most closely watched asset prices in the economy and are viewed as being highly sensitive to economic conditions. Stock prices have also been known to swing rather widely, leading to concerns about possible bubbles or other deviations of stock prices from fundamental values that may have adverse implications for the economy. Taking into considering what stated above, we shall therefore look at the ways monetary policy, given its first objective of maintaining price stability in the economy, influence stock prices. The next chapter looks at some existing literature review on this topic. 1.3 Objectives and Methodology. The objective of this study is to first looks at the basics of monetary policy as a macroeconomic stability instrument. There has been considerable debate over the implications of monetary policy over the stock markets. This has largely been due to the uncertainty associated with the stocks and its prices. These uncertainties seem to affect risk premiums added to stock prices more than stock market index and the stock dividends. Chapter 2 looks at the literature review of existing articles and discussions on the importance of monetary policy for regulating stock markets. These chapter analyses the argument that monetary policies do not necessary have large scale implications for the stock markets. In chapter 3, I look at the need for regulation in the stock market and the factors that contribute in the making of the monetary policy. I have reproduced a chart representation of the US Federal Reserve and the factors that contribute in its monetary policy. We shall also be looking at the trend pattern in the FTSE 100 stocks with the Bank of England interest rates since 1995/96. In the graphical representation to follow in the chapter 4, I have taken into consideration the statistical historical data pertaining to FTSE 100 stocks, inflation rate and the Bank of England interest rates. I shall also be looking at the correlation that may exist between the interest rates and inflation rates in the UK. In order to have a better understanding of the relationship I have taken into consideration a 10 year period split into two parts – 1996/00 and Jan 04/Oct 05. I have also produced one multiple variable regression model to look for variance in the percentage change in the FTSE 100 index due to the variance in the inflation rate and interest rates. While assessing any topic pertaining to financial markets, it is essential that we give due consideration to the uncertainty that governs this sector of the economy. As we have seen in the previous chapter, financial products, its demand and the variance in their values are highly sensitive to market sentiments. Some experts suggest that monetary policy have comparatively less impact on the stock markets index while some suggests it affects the risk premium associated with shares. There are no pure economic explanation that explains whether or not monetary policy have any clear cut explanation for the changes in the stock markets and vice versa. But we do know that investors do look at government policies to formulate their strategies towards investments and monetary policy is one of the many such influencing factors. Whatever the case, we know that government policies are essential for the smooth functioning of the market. Reilly et al (2003) states that â€Å"monetary and fiscal policy measures enacted by national governments, as well as changes in demographic, politics, and technology influence aggregate economies. The resulting economic conditions influence all industries and companies within the economies†.[1] Eichengreen and Tong (2003) argue that â€Å"having volatilities in the financial markets are not a bad thing in and of themselves.†[2] Unexpected changes in the prices of assets acts as a signal to investors about the changes in future outcomes and their implications for the resource allocation. The extent to which the volatility of asset prices varies reflects the volatility in the policy and higher volatility may be an indication of a deteriorating policy environment. There appears to be a two way interaction between the market forces influencing the movement in the stock markets and the policy formation by the central banks. An unanticipated change in monetary policy is likely to have implications for the stock markets because an anticipated change would logically be discounted by stock market investors and they are unlikely to affect equity prices at the time they are announced. Governor Ben Bernanke (2003) states that â€Å"unanticipated changes in monetary policy affect stock prices not so much by influencing expected dividends or the risk-free real interest rate, but rather by affecting the perceived risk associated with stocks†.[3] We can understand from this statement that any unanticipated change in monetary policy is likely to increase the risk premium associated with the stock more than the expected dividends. Higher risks always come with higher premiums to compensate for bearing the uncertainty over the expected returns. For example, a restrictive monetary policy will lead investors to view stocks as riskier investments and thus may demand higher returns to hold stock. In simple words, a restrictive money supply policy through higher interest rates would make stocks to be more risk borne for a given path of expected dividends as higher expected return can be achieved only by a fall in the current stock price. More so, tightening of monetary policy has a particularly strong impact on firms that are highly bank-dependent borrowers as banks reduce their overall supply of credit. Government policies play an essential role in terms of investor confidence. Consider a situation wherein the government on recommendation by the federal or central banks decides to raise the investment FDI cap for foreign investors by certain margin. Investing firm will look at domestic markets for funding besides their own capital sources to invest. This investor confidence building measures are likely to attract investor to invest their capital by buying shares. But the extent to which such reforms are likely to succeed would depend on the rate at which such capital are available, policies towards repatriation of profits, exchange rate policies, reforms and regulations that allow firms to raise capital from the market. If the investor expects the likely returns from stocks to be less, it would make more sense for him to look at other financial derivatives and products such as Bonds for investment. Unlike Shares, Bonds are far less risk prone as the returns and period of investment is well established. Bonds come with specific-guaranteed returns and the investment period is decided upon at the time of issuance and purchase. Risks may come in the form of interest rates charged on raising necessary capital from the market. Talking of risks, if the investor is risk averse, there are possibly only two things that can deter stock markets from operating under market conditions. Firstly, the news that affects investors forecasts of current or future tax-deducted dividends and secondly, the forecasts on the current and future short term interest rates. From the company accounting point of view, what most investors are concerned about is the company’s ability to pay back short term credit loans and the interest rates charged over it. So if the federal banks raise short term interest rates, it might deter companies from meeting its short term obligations to the markets and investors from investing because current higher interest rates would make future dividends to be less valuable. Similarly, if the short term interest rates for lending are higher than the tax-deducted dividends receivable from stocks, Investors would find it more reasonable to lend their capital elsewhere at a rate that at least equals the bank’s short term interest rates which is higher than the receivable dividends from the stocks. In support of my argument, I shall highlight a particular remark made by Governor Ben Bernanke, US Federal Reserve (2003), â€Å"to value future dividends, an investor must discount them back to the present; as higher interest rates make a given future dividend less valuable in today’s dollars. Higher interest rates reduce the value of a share of stock†. Given these circumstances and as stated earlier, an investor would find other financial products such as Bonds more profitable to invest. Another important aspect of monetary policy influence over stock markets is its ability to manage â€Å"Bubbles† or â€Å"Boom† in the index. According to Bernanke, it is often difficult to identify in advance the factors that cause these bubbles. It is also pointed that the difficulty in pointing out comes from the fact that some bubbles may be of certain asset class which may, at times, influences the bubbles in other asset classes. Therefore any attempt to bring down stock prices by a significant amount using monetary policy is likely to have highly deleterious and unwanted side effects on the broader economy. Moving on to risk in this sector, we know from our understanding of the financial markets that not all investors are risk averse. Some tend to profit by speculating market behaviour and trends forecast for the future. Sloman (1995) states that if the prices are currently rising, then people may speculate whether or not the prices will go up or down. Such speculations add to the risk factor which makes any financial securities expensive. Speculations tend to be self-fulfilling in the sense that every actions of those who speculate in the markets tend to come from sheer anticipation about market behaviour and the actions of those who influence such market behaviour. Stocks, when compared to other financial assets, are considered to be more risk prone and therefore command higher than average returns. In the US, a diversified portfolio of stocks has paid 5 to 6 percent points more per year on an average than other portfolio comprising government bonds.[4] Such speculations only add to the risk premiums on stocks which explain the extra compensation that investors demand to be willing to hold relatively more risky stocks. One study conducted by Roberto Rigobon and Brian Sack shows that it is difficult to estimate the policy reaction because of the simultaneous response of equity prices to interest rate changes. The results obtained in their study shows that â€Å"monetary policy reacts variedly to stock market movements, with a 5 percent rise (fall) in the SP 500 index increasing the likelihood of a 25 basis point tightening (easing) by about a half. This reaction is roughly of the magnitude that would be expected from estimates of the impact of stock market movements on aggregate demand. Thus, it appears that the Federal Reserve systematically responds to stock price movements only to the extent warranted by their impact on the macroeconomy†. They simplify the concept by showing that if the probability of a monetary easing were 30 percent under existing economic conditions, an unexpected 5 percent decline in stock prices would increase the probability of a cut in the Feds benchmark short-term interest rate to 80 percent. [5] To support this argument put forward by Rigobon and Sack, I shall highlight the point put forward by Bernanke who points out that â€Å"an unexpected change in the federal funds rate of 25 basis points leads, on average, to a movement of stock prices in the opposite direction of between quarter percentage point and one / one-half percentage points†. Participants in the stock markets monitor economic indicators such as employment, GDP, retail sales and personal income because these indicators may signal information about economic growth and therefore affect cash flows. In general unexpected favourable information about the economy tends to cause a favourable revision of a firms expected cash flows and therefore place upward pressure on the firm’s value. Therefore, an easing of monetary policy would provide for an increase in wealth as stock prices increase which would prompt higher consumer spending. From a corporate point of view, higher stock prices would effectively reduce the cost of capital for firms stimulating increased capital investment. On the other hand, an unanticipated monetary policy would lower stock prices but increase risk premium. Easing monetary policy would provide for increased savings largely due to the decrease in risk associated with stocks. Results for Bernanke’s study suggest that â€Å"easier monetary policies not only allow consumers to enjoy a capital gain in their stock portfolios today, but it also reduces the effective amount of economic and financial risk they must face†. Thus, a reduction in risk associated with an easing of monetary policy and the resulting reduction in savings for precautionary purposes may amplify the short-run impact of policy on the asset value [6] Issues such as Inflation act as an indicator for economic growth. Rising inflation in most cases are dealt by accommodating interest rates to control the flow of money. For instance, often inflation is caused by the presence of excess money in the economy. The government might decide that the best way to tackle this problem is by increasing the interest rates. Raising interest rates would cut excess expenditure, reduce excess consumer demand thereby bring an equilibrium between aggregate demand and supply. Raising prices can also be tackled by raising interest rate by curbing unwanted expenditure. Bernanke and Gertler (1999) argue that monetary policy that aims at flexible inflation must pay little attention to asset inflation because a proper setting of interest rates should be able to achieve a sustainable inflation rate.[7]Analysing this argument, and looking at the evidence put forward by Bernanke (2003), changes in the monetary policy do not bring about immediate changes in the stock markets behaviour but maintains inflation rate at sustainable level. In this section, we looked at arguments put forward by Bernanke (2003), Reilly et al, Bernanke and Gertler (1999) to understand the existing study on the likely impact of monetary policy on stock markets. Despite all these suggestions, there appears to be little agreement over the exact and precise impact of monetary policy in the stock market. In the next chapter I shall look at the basics of financial markets and look at the regulation policies followed by the US Federal Reserve. I have also reproduced a chart representation of factors that influence the US stock prices. Financial Markets play a prominent role in today’s economy. Though in the past during industrial-manufacturing era of the 1800s/1900s, it can be argued that role of finance was narrowed down to basic accounting purposes such as the cost of production. Today, with the advent of various financial products and the integration of world economy financial sector it requires constant regulatory procedures for its smooth functioning. The financial crisis witnessed in East Asian economies, Mexico, and Argentina has made financial regulation and reforms an essential component of any government’s economic policy. In their regulatory capacities, governments have greatly influenced the development and evolution of financial markets and institutions. Fabozzi et al (2002) points out that â€Å"it is not surprising to find that a market’s reaction to regulations often prompt a new response by the government, which can cause the institutions participating in a market to change their behaviour further and so on†.[8] It can be understood by this argument that at all times governments, markets, and institutions tend to behave interactively and to affect one another’s action in certain ways 3.1 Need for Government Regulations One very good and justifiable explanation for the need for regulation in any markets, not just in financial markets, is that when markets are left to it self, it tends to deviate from its basic objective of market efficiency. A short hand expression for this deviation from market efficiency is described in economic terminology as â€Å"market failure†. Some basic regulations followed by many governments can be categorized into 4 basic categories To prevent issuers of securities such as stocks, bonds, from concealing relevant information. To promote competition and fairness in the trading of financial securities. To promote the stability of financial institutions. To control and restrict activities of foreign institutions and concerns in domestic markets. 3.1.1 Regulations in the UK. One of the major regulatory procedures ever adopted by the British government was during the mid-1980s when it introduced the â€Å"Big Bang† disclosure of information by the securities markets. An Important part of that restructuring was the Financial Services Act of 1986. This law imposes a â€Å"general duty of disclosure† and applies to any foreign or domestic firm that issues debt or equity securities, whether or not the securities are to be listed on the London Stock Exchange. The Financial Services Act assigns responsibility for regulating financial activity to the Department of Trade and Industry (DTI). The DTI delegates much of the task to the Securities and Investment Board (SIB). The SIB is the primary agency that authorizes institutions to conduct investment business and monitors their dealings with the public and the adequacy of their funding.[9] The Bank of England now regulates most banking institutions in much the same way as the US Federal Reserve. Until the Big Bang of 1986, banks were not permitted to engage in many activities involving the sale of securities. Since then banks are not allowed to own subsidiaries that are members of the stock exchange, which offers investors many financial services linked to investing. Non-British firms are now allowed to be part of and even lead the groups of underwriting firms that sell to the public new issues of debt and equity denominated in pound sterling. 3.1.2 Monetary Policy and Regulations in the US. One of the major duties of US Federal Reserve is serving on the Federal Open Market Committee, the body that makes US Monetary Policy.[10] As we have seen earlier in the first chapter, the primary objective of monetary policy is to maintain the macroeconomic stability in terms of price levels, unemployment, exchange rates, and interest rates. Federal Banks, often, use interest rates as a means to control inflation. To what extent can the bank control interest rates is a matter of debate especially since most economies work on market economy principles. United States have brought extensive reviews and changes to its policies regarding domestic and foreign firm’s participation in the financial markets. In 1984, the federal government abolished the withholding tax on interest payments to non-resident holders of bonds issues by US firms. In 1987, US markets obtained permission to trade futures based on foreign government bonds This illustration shows the reasons and factors that influence the stock prices to change in the US.[11] According to Governor Bernanke the US Federal Reserve have little or no direct control or influence over the interest rates that matter most for the economy, such as mortgage rates, corporate bond rates or the rates on Treasury securities. In support of his argument, I shall point out similar policy constraints faced by the German government since joining the EMU. Fabozzi et al (2002) points out that â€Å"the European Central Bank replaced the central bank of 11 participating countries of the European Economic and Monetary Union (EMU). ECB, since then, controls the money supply, availability of credit and short term interest rates for the EMU members and has also influenced the uniform currency of the EMU†. Given these regulatory frameworks how far are the bank’s monetary policies a determining factor in the stock exchange. The idea of this chapter was not to explain each and every regulatory technique the banks use but to have slim-shot view of the factors that influence bank’s monetary policy. The chart representation quite clearly shows the factors that contribute in the US Federal Reserve monetary policy. In the next chapter we shall look at some historical trends and then use those trends to arrive at some econometric models. Considering the fact that central banks are increasing looking at market forces to control interest rates, the role of financial regulatory bodies becomes complex. Broadly speaking, to have efficiency in the financial markets, it is essential that the bank is able to determine the degree of financial stimulus needed to push the economy to its optimal level. Monetary policy, in this situation, should strive to provide this stimulus. For example, lower mortgage rates promote increased spending on new homes and lower corporate bond yields and high stock prices generally induce firms to invest in new capital goods. Similar to these rates stated now, lower interest rates should act as an incentive for firms to borrow and invest in lucrative products. From the long term perspective, obtaining credits are comparatively less complicated. Short term credits are more essential as firms often have to meet its short obligations by borrowing. Firm’s ability to meet its short and long term obligations act as an indicator for shareholder to assess whether are not they should invest their capital. These short and long term obligations are determined by the interest rates. Failure of the markets to provide funds at affordable rates has consequences for economic growth. A r

Concepts of Logistics in Contemporary Business

Concepts of Logistics in Contemporary Business Introduction Logistics is defined as a business planning framework for the management of material, service, information and capital flows. It includes the increasingly complex information, communication and control systems required in todays business environment. (www.logisticsworld.com) Logistics means having the right thing, at the right place, at the right time. The procurement, maintenance, distribution, and replacement of personnel and materiel. (Websters Dictionary) Distribution and logistics are concerned with product availability. Many have described this as getting the right products to the right place at the Right time. Significance Consumer beliefs and needs have altered. How consumers behave and what we demand have changed. Our willingness to wait to be satisfied has reduced and we expect instant product availability and gratification. It should be obvious from this that the supply or logistics system that gets products from production through retailing to consumption has also had to be transformed. Physical distribution and materials management have been replaced by logistics management and a subsequent concern for the whole supply chain. This consideration for the supply chain as a whole has involved the development of integrated supply chain management. More recently there has been a concern to ensure that channels of distribution and supply chains are both anticipatory (if appropriate) and reacting to consumer demand, at general and detailed segment levels. Background Logistics is the bed rock of trade and business: Without selling and or buying there can be no trade and business. Buying and or selling takes place only when goods are physically moved into and or away from the market. Logistics leads to customer satisfaction through superior customer services. Logistic industry includes a wide range of services and tools for a business to carry on all its operations it includes services like transportation, packaging, ware housing and inventory. In short logistics is most important and primarily necessary for any organisation strategy and its function, when the process of logistics is carried out accurately then not only the company reduces the production cost but also improves the efficiency of the company and increases customer satisfaction. Logistics is very essential for todays highly and competitive corporate world. Literature review Introduction To perform this study further it is necessary to understand how logistics have prevailed todays business from point of origin to point of consumption. This literature review discovers the importance of logistics and its implications in todays global business world. Nobu Azumais Associate Professor in Marketing and Distribution Studies at the School of Business, he emphasizes the importance of the logistics in management studies by employing an interdisciplinary research approach. Concepts of logistics Concept of logistics is fairly new in the business world. Many business practises have evolved and the cost of logistics is 10% to 20 % to total cost of international purchase, there are two main phases which are important in transfer of materials are material management and physical distribution. Material management is timely movement of parts raw materials and supplies by the supplier. Firms finished products reaches to the consumers and termed as physical distribution. Both phases involve process of storage. The main goal of logistics to coordinate all the efforts of the company to maintain a cost effective flow of finished goods. Logistics gained importance Through recent years logistics has gained importance because of the transportation cost grew rapidly due to rise in fuel prices, the activity of production reaching its peak, there was need of fundamental change in inventory, product line was proliferated, due computer technology, growing power of retailers was also a big reason for logistics to grow and due to globalisation and reduction in economic regulation. Due to very sophisticated pass traditional channel of distribution. David Grant says evolving factors that make logistics critical for business success. With a marketing approach to logistics that prioritizes customer satisfaction from a variety of industries to illustrate effective logistics strategies Activities of logistics Logistics involves wide variety of activities and services which makes the working of the company easier and supports customer and satisfaction for both customers and suppliers. Demand forecast is done by logistics. Consumer service. Inventory control. Material handling. Part and service support. Packaging. Procurement. Salvage and scrap disposals. Transportation and trafficking. Planting and warehouse. Storage and order processing. Distribution and communication. Logistical mission Logistics exists to satisfy customer requirements by facilitation relevant manufacturing and marketing operations, it is to balance the service expectation and cost expenditure to achieve business objectives it is basically measure in terms of ; Availability. Operational performance and Service reliability. Objectives of logistics Logistics is a system having number of components which can be combined in different proportions to achieve a set objective. Objectives are physical distribution, physical supply, and controls of the logistics. Ideal logistical system ensures supply to buyers. In correct quantity. At desired location. At required time. At useable condition. At low cost. Logistics is a bed rock for any trade and business Without buying and after buying without selling there can be no trade or business. Buying and selling takes place only where goods are move in or out in the market. If you take away logistics from business the business would eventually collapse. Competitive edge of logistics In the fiercely environment of competition of the world it provides the cutting edge. In the business where the survival of business is controlled by competition where there is no parameter of quality like performance and reliability, where brands are irrelevant, competitive edge is the availability of product and services in terms of time, place and quality. Professor Alan McKinnon is Director of the Logistics Research Centre Alan has undertaken research on many different aspects of logistics has discussed in topics warehousing and the links between logistics and economic development in recent years says that logistics is the foremost and prior requirement for any business to grow and nourish without which a business nor a country can grow. Logistics leads to customer satisfaction Through superior customer services like productivity, quality, cost, delivery, flexibility, safety, health, and environment organisational objectives are framed to meet customer expectations. Logistics supports strong critical functions of operating and marketing Strong and firm logistics enables an organization to move towards just in time production system for survival in highly competitive market. Integrated logistics Logistics is viewed as a competency that links an enterprise with its suppliers and customers. Information about a customer flows through sales activities to forecast and orders. As product and materials are procured a value added service inventory flow is initiated ultimately results in transfer of ownership of finished products to consumers. This type of logistics support system helps an organisation to keep a track on it orders and future supply forecast to meets its customers expectations. In todays era logistics not only plays the role of distribution and transportation but also supports tools like inventory management and just in time inventory, which allows the company access towards its production, surplus and scarcity. Logistics controls and access the Inventory flow Logistics and management is concerned to movement and storage of finished goods and materials from the initial process of purchase. This process adds value to by moving inventory where and when needed. Logistical understandings have four areas. Physical distribution. Manufacturing support. Procurement of resources. Supply chain management. Pietro Evangelista is researcher in logistics and supply chain management at the Naples Institute for Service Industry Research says that The need to improve information exchanged in the supply chain, the desire to increase customer satisfaction and the enlargement of the customer base are the three main enabling inventory factors Logistics involved in supply chain management. Supply chain management : it is the management of networks of inter connected business involved in ultimate provision of the product and services required by the end user consumer. It is management of upstream and downstream linkages, in the different process and activities that produces values in form of services and product in relation with the consumer and supplier to deliver superior customers value at less cost to supply chain on whole. It involves process like: Supply chain planning. Manufacturing. Warehousing and distribution. Delivery and installation after market. Martin Christopher is Emeritus Professor of Marketing and Logistics at Cranfield school of Management. Martin Christophers particular research interests lie at the interface between marketing and logistics reflecting his belief that these two critical activities underpin superior supply chain performance. Logistics creates value for manufacturer and suppliers throughout the world The services in the sector of logistics are the key to in integrating manufacturers forecasting and supply chain management to its suppliers. It helps for the inventory forecast requirement in real time. It enables cost effective and robust supply chain. Reduces inventory and management investment cost. Improves delivery times. Co-ordinate multiple components more effectively. Provide visibility, reporting and control. Reduces high inventory investment. Dr. Yuan Xing The thesis analysed and compared physical distribution service quality (PDSQ) in the online retail market for non-food products between pure player retailers, those that only sell over the Internet and traditional retailers, those that use the Internet to supplement their stores and thus sell through multiple channels. The exploration of PDSQ differences and reasons which caused them from both demand- and supply- side perspectives using in-depth interviews. Logistics transforming business in todays world Logistics in the 21st century touches each and every aspect of the organisations daily operations, and today has grown into business speciality of its own. Logistics is not only about strategic planning and resource management but also how companies go about their day and what impact it has on us. As a business speciality the explosion of globalism has formulated the practice of logistics.

Malmar McKnight’s The Storm Essay -- Malmar McKnight The Storm

Malmar McKnight’s The Storm Malmar McKnight’s frightening story, â€Å"The Storm†, weaves a violent storm and murder together to heighten the horrific fears that engulf Janet Willsom. â€Å"The Storm† is a combination of Mother Nature, Janet’s emotions, and her heartbreaking dilemmas. The eerie mood is revealed throughout the story. Figurative language helps the reader bring the story to life in his/ her mind. The author’s use of irony is devolved through Janet’s changed perception of the storm. Throughout the story, the mood becomes more suspenseful. As Janet walks out of the strong spring storm and enters her cold damp house, she is overcome by feelings of isolation and loneliness. Her husband is not there; there are dead plants around her house as if nobody has been there for a lo...

Biography of Psychologist Alfred Binet :: essays research papers

Alfred Binet The following essay offers both a short biography of Psychologist Alfred Binet and a present day practical application using the theory from which Binet developed his Intelligence test. Alfred Binet, born in Nice, France, on the eleventh of July, whose mother was an artist and whose father was a physician, became one of the most prominent psychologists in French history. Having received his formal education in both Nice and later, in Paris, at the renowned Lycee Louis -le-Grand, Binet went on to become a lawyer. This profession, however, was not suited to him, and he found himself immersed in the works of J.S. Mill, Bain and Sully at the Bibliotheque Nationale in Paris. He identified strongly with the associationism theory in following that his mentor was J.S. Mill. Binet began working with Charcot and Fere at the Salpetriere, a famous Parisian hospital, where he absorbed the theories of his teachers in regards to hypnosis, hysteria and abnormal psychology. During the following seven years, he continuously demonstrated his loyalty in defending Charcot's doctrines on hypnotic transfer and polarization until he was forced to accept the counterattacks of Delboeuf and the Nancy School, which eventually caused a split between student and teacher. Having been married in 1884 to Laure Balbiani, whose father was E.G. Balbiani, an embryologist at the College de France, Binet was given the opportunity to work in his lab where his interest in 'comparative psychology' was piqued and in which he eventually wrote his thesis for his doctorate in natural science, focusing his research on the "the behavior, physiology, histology and anatomy of insects"(Wolfe, p.7). It was while working in Dr. Balbiani's lab, that Binet wrote 'Animal Magnetism', an obvious breaking away from associationism, showing Binet's ability to adapt and learn with every opportunity. Binet's next area of interest could be considered a precursor to some of Piaget's work with child psychology and began with the systematic observation of his two daughters, to whom he devoted much of his time, studying and writing about. It was at this point, that Binet "came to realize that individual differences had to be systematically explored before one could determine laws which would apply to all people"(Pollack,p.xii). Soon after, Binet was nominated co-director and one year later, became director of the Laboratory of Physiological Psychology at the Sorbonne. He and Beaunis, also co-director, initiated and edited the first French psychological journal 'L'Annee Psychologique', which remains in press today. Although never having attained a professorship in his own country (a bitter disappointment for the proud nationalist) Binet did spend one spring in Bucharest where his knowledge in experimental psychology was fully appreciated Biography of Psychologist Alfred Binet :: essays research papers Alfred Binet The following essay offers both a short biography of Psychologist Alfred Binet and a present day practical application using the theory from which Binet developed his Intelligence test. Alfred Binet, born in Nice, France, on the eleventh of July, whose mother was an artist and whose father was a physician, became one of the most prominent psychologists in French history. Having received his formal education in both Nice and later, in Paris, at the renowned Lycee Louis -le-Grand, Binet went on to become a lawyer. This profession, however, was not suited to him, and he found himself immersed in the works of J.S. Mill, Bain and Sully at the Bibliotheque Nationale in Paris. He identified strongly with the associationism theory in following that his mentor was J.S. Mill. Binet began working with Charcot and Fere at the Salpetriere, a famous Parisian hospital, where he absorbed the theories of his teachers in regards to hypnosis, hysteria and abnormal psychology. During the following seven years, he continuously demonstrated his loyalty in defending Charcot's doctrines on hypnotic transfer and polarization until he was forced to accept the counterattacks of Delboeuf and the Nancy School, which eventually caused a split between student and teacher. Having been married in 1884 to Laure Balbiani, whose father was E.G. Balbiani, an embryologist at the College de France, Binet was given the opportunity to work in his lab where his interest in 'comparative psychology' was piqued and in which he eventually wrote his thesis for his doctorate in natural science, focusing his research on the "the behavior, physiology, histology and anatomy of insects"(Wolfe, p.7). It was while working in Dr. Balbiani's lab, that Binet wrote 'Animal Magnetism', an obvious breaking away from associationism, showing Binet's ability to adapt and learn with every opportunity. Binet's next area of interest could be considered a precursor to some of Piaget's work with child psychology and began with the systematic observation of his two daughters, to whom he devoted much of his time, studying and writing about. It was at this point, that Binet "came to realize that individual differences had to be systematically explored before one could determine laws which would apply to all people"(Pollack,p.xii). Soon after, Binet was nominated co-director and one year later, became director of the Laboratory of Physiological Psychology at the Sorbonne. He and Beaunis, also co-director, initiated and edited the first French psychological journal 'L'Annee Psychologique', which remains in press today. Although never having attained a professorship in his own country (a bitter disappointment for the proud nationalist) Binet did spend one spring in Bucharest where his knowledge in experimental psychology was fully appreciated

Enchanting a disenchanted world: Revolutionizing the means of consumption Essay

â€Å"Cathedrals of Consumption† concept was coined by George Ritzer and it means a site of consumption that is part of a, multinational corporation, and has international success of exceptionally high level (Ritzer, 1999). Ritzer (1999) explained that the corporation success and its Cathedrals of Consumption, is in a way that it displays of excess and abundance and gives rise to consumer cult. Besides providing different commodified services and goods at their different locations existing around the globe, Ritzer (2015) indicated that Cathedrals of Consumption often allows the consumers to do things themselves, and other strategies making consumers believe that their shopping attitude that is new found will change their lives forever. Cathedrals of Consumption are designed with an expectation that the consumers will develop the passion for getting goods and services gradually. They are places of excessive consumption, and this has led the consumers to hyper-consume than they need. Disney World and its other aspects are of interest to this paper because it represent a Cathedrals of Consumption in myriad ways. From the definition of Cathedrals of Consumption, as provided by Ritzer (2015), Disney World falls as one of the Cathedrals of Consumption. Disney World or Walt Disney World Resort is operated and owned by Walt Disney Parks and Resorts, which is a branch of Walt Disney Company which is a corporation (Walt Disney World, n.d). This implies that Disney World is part of an international corporation, and it is just a site of consumption for the larger corporation. Ritzer (2015) further showed how Disney World is a Cathedral of Consumption. Disney World in a way displays of excess and abundance and gives rise to consumer cult, besides providing different commodified services and goods at their different locations existing around the globe. At Disney World, I have consumed many things such as a day at Walt Disney World, T-shirts, fast foods and other non-obvious things such as a day at the ballpark, medical service and a lecture. I have become a loyal consumer of Disney World’s many goods and services that I think I need and other essential goods and services. Additionally, Disney World has global presence through its several products, theme parks and many of its business enterprises such as the television shows (the Disney channel),movies (Walt Disney Studios), and cable television network (Walt Disney World, n.d). Lefkon & Safro (2013) pointed out that the CEO of Disney World claimed that over one billion people globally use Disney prod ucts monthly. Moreover, there are 229 Disney stores online and in innumerable stores, Radio Disney for children, Disney Mobile which are wireless phones that are very popular in Japan, Disney Cruise Line, Disney Publishing that is the largest publisher of children’s books globally, Disney Ownership of ESPN and ABC, Disney credit card, Disney catalogue, and Disney theatrical. Lefkon & Safro (2013) asserted that all these are synergistically employed to market one another in a system that is tightly integrated and this sells the brand of Disney and yields large profits, hence has created a consumer cult. How is this cathedral an example of re-enchantment in a disenchanted world? Give concrete and specific examples The Cathedrals of Consumption, such as Disney World, must be re-enchanted continually if they are to maintain their attracting ability of sufficient number of consumers. Disney World is an example of re-enchantment in a disenchanted world in many ways. Ritzer (1999) defined re-enchantment as a process of creating a spectacle through simulations and extravaganzas. Spectacles According to Ritzer (1999, p. 96) are astonishing shows such as the Mardi Gras, conventions, fairs and even the department stores. You must offer something extra for whatever you have to sell. Disney World re-enchanted by transforming the amusement parks, creating moral order compared to the early parks, cleaned them up and making them be accepted as family entertainment. Walt Disney World (n.d) pointed out that Disney offered controlled, self-contained environments free from different forms of problems that undermined earlier parks. Despite the fact that visitors who arrived in early parks felt danger and sense of looseness, the tourists arriving at the Disney World take comfort and know for a fact that within Disney World lies a world that is tightly regulated. How does it enchant and re-enchant? What mechanisms does it use to do this? Show this by using the following concepts from Ritzer, Chaps. 5 & 6: Spectacles, extravaganzas & simulations Disney World enchants and re-enchant using different mechanisms such as spectacles, extravaganzas and simulations. Spectacles These are astonishing shows such as the Mardi Gras, conventions, fairs and even the department stores (Ritzer, 1999 p. 96). The new consumption means in Disney World create spectacle in order to bring very many people to buy services and goods. A casino, a mall or a theme park that is half full or empty has a smaller population of selling and does not generate a similar excitement as a full house. Disney World uses spectacles since it understands well that sparsely populated consumption cathedrals generate less appeal and can fail. Many people are animated by presence of a large number of persons, and this translates to increased sale of services and goods. Extravaganzas These are different devices used in creating a spectacle (Ritzer, 1999 pp. 98). They are also intentional shows put to produce spectacles. In Disney World, they distinguish themselves by putting on spectacular shows than their competitors. Disney World uses variety of devices in creating their spectacular shows such as legendary stars, large orchestras, huge casts, potentially dangerous and live animals, elaborate production numbers, booming sounds, blinding light shows, breath-taking technology. Ostentatious sets, daring nudity, incredible costumes among others (Ritzer, 1999 pp.98) Simulations This is the process of creating an illusion of reality, where the real imitates the imitation now, and the unreal becomes the reality (Ritzer, 1999 pp.103-111). Some of the entertainment simulations at Disney World include the video and computer games that correctly simulate the environment. Film simulations are also popular in Disney World since they are controllable, of high quality. Moreover, theme park rides are simulators where the ride simulators feel like they are realistically moving according to the motion scripts pre-recorded. How does the Cathedral use science and rationality to create the magic of these spectacles? Be sure to give concrete examples The Cathedrals of Consumption uses rationality and science in creating magic of these spectacles in many ways. AS they attract more consumers of their products, their enchantment must be reproduced on demand over and over. In addition, branches of the enchanted settings that are successful are opened globally and across the nation with the result that the same magic essentially must be reproduced in many locations. To realize this, the magic is systemized in a way that it is recreated easily from one place or time to another. For example, use of wienies, the examples seen on DVDs (Ritzer, 2015) Is your cathedral a landscape of consumption? Using Ritzer’s definition explain why or why not Landscape of consumption encompasses a number of Cathedrals of Consumption r geographic areas encompassing two or even more Cathedrals of Consumption (Ritzer, 2015, pp. 103). Disney World is a landscape of consumption because it has a variety of Cathedrals of Consumption. Walt Disney created a revolutionary amusement park that is the theme park devoted to a particular motif. Others include Disneyland Park, Downtown Disney, Disney World in Florida, Tokyo Disneyland, and Disneyland Resort Paris. Moreover, magic kingdom is at the heart of the Disney World. According to Lefkon & Safro (2013), a trek through the Disney World begins and then ends on the main street of United States, an outdoor shopping mall. This leads to other six lands that are themed which includes Tomorrowland, Fantasyland, Adventureland, Frontierland, Liberty Square, and Mickey’s Toontown Fair. More broadly, all of these theme parks as well as other consumption means are found in one geographic area or even adj acent to Disney word, making it landscape of consumption. Is your cathedral in devolution (Chap. 8, p. 189) or in some other postmodern transformation (p. 188)? Disney World is in postmodern transformation since recently it experienced setbacks and declines and there is a possibility that the declines could be transformed into devolutions that are long term where consumptions continue to retreat (Walt Disney World, n.d). How do you think the Great Recession has affected your cathedral? Be specific The great recession affected Disney World in many ways because before the great recession; Disney Wonderland had irrational exuberance, and this led to overbuilding of different structures and a great deal of excess capacities. After the recession, newer settings of consumption that were able to overcome the challenges and the weaknesses came up (Ritzer, 1999). Are there some social and political policies that have affected the development, growth, or devolution of Cathedrals of Consumption? There are some social and political policies that have affected the development, growth, or devolution of Cathedrals of Consumption. There are efforts through policies to find new uses for of the consumption cathedrals such as the big box stores, soon-to-be empty. Additionally, in some cases, I have seen true devolution as where contemporary consumption means are replaced by independently owned small shops. Moreover, I have seen in some malls especially the strip malls vacated by the chains being occupied by independent small entrepreneurs. All these changes are as a result of social and political policies. References Ritzer, G. (2015). Essentials of Sociology.Ritzer, G. (1999). Enchanting a disenchanted world: Revolutionizing the means of consumption. Thousand Oaks, Calif: Pine Forge Press. Walt Disney World. (n.d.). Retrieved February 11, 2015, from https://disneyworld.disney.go.com/Lefkon, W., & Safro, J. (2013). Walt Disney World 2014: Expert Advice from the inside source. New York: Disney Editions. Source document