ETHICS Research Paper Example | Topics and Well Written Essays - 2250 words

ETHICS - Research Paper Example The code of ethics, however, is nothing if it is not applied to the activities of a business. One of the ways in which the activities of a business are framed for ethical conduct is through the application of law on how business is conducted. In this way, a sense of universality, at least within the context of a state, is managed in regard to ethical conduct. Laws are put into place to force corporations to behave in certain ways within the nation in order to conduct business in an ethically considered manner. The following essay will first discuss the various theories on ethics that provide a framework for the discussion of ethics. A discussion of law and ethics will allow for examples to be supplied of ways in which ethics and law work in concert to create a more morally responsible collaboration between business and society. A brief discussion about shareholder models of corporate governance in comparison to stakeholder models of corporate governance will provide a context for the concept of ethics as they are applied to business. The nature of business is not always in line with universally held views of ethics, however, in order to conduct business in a manner that is conducive to all parties impacted, ethics must be created to preserve social, cultural, and national states of morality. Business Ethics: Theories Ethical Fundamentalism Ethical fundamentalism is a theory in which the search for an ethical foundation is made through an outside source. According to Nagata â€Å"Fundamentalism is fast becoming the metaphor of choice in a quest to assign meaning to an ever widening range of ideas and behaviors, and it has recently migrated from its original narrow religious reference band to other domains† (481). In order to understand the parallel to religious considerations, one must assert the idea that in looking at a source or religious inspiration, one is looking to an outside source for how to frame behaviors or ideologies. In the search for founda tions of how to frame a business ethic, one might use a figure who represents a certain framework or an ideology that provides context to how an set of ethics is determined. Organizations that can be considered for its fundamentalist approach and through the strength of its work culture can be Wal-Mart and McDonalds. Both organizations have a foundation of ethics that are centered on the philosophies of their founders. Utilitarianism Utilitarianism is based upon the concept of behavioral consequences. Bentham begins his discourse on utilitarianism by suggesting that there are two domains under which motivation is created: that of pleasure and pain. He calls these tow domains â€Å"sovereign masters†, having such power over actions that they are the contrasts that rule most all actions. He states â€Å"The principle of utility recognizes this subjugation, and assumes it for the foundation of that system, the object of which is to rear the fabric of felicity by the hands of re ason and of law† (Bentham 5). Bentham states that â€Å"By the principle of utility is meant that principle that approves or disapproves of every action whatsoever, according to the tendency which it appears to have to augment or diminish the happiness of the party whose interest is in question† (6). This can mean individual or community, or any

Was Trade the Most Important Factor of British Empire Essay Example for Free

Was Trade the Most Important Factor of British Empire Essay At the Cutty Sark I learned that the ship traded tea from China. It was able to carry 10,335 tea chests. It left from London with mining gear, beer, coal and household goods. This shows that trade was quite an important factor for the Empire because people were able to use items and foods that they did not get in their own country and it also increases colonisation because some people from the UK would stay in China gathering all of the cargo onto the ship and would stay there to make sure trade was always going on. The ship would of shipped off a lot of cargo and the living conditions would have been very bad. The men on board would of had to do many jobs. This shows that being on board a ship was not always a pleasant experience. The ship had many sales so that it could travel faster. The Cutty Sark would export cargo from the United Kingdom such as items like mining gear, beer, coal, household goods, some weaponry and especially wool. In Australia from 1869-1892 there ended up being 100,000,000 sheep in Australia. There were not that many men on board. There were 30 men on board at the most and almost half of them were apprentices. Most of the crew on board the ship would abandon it when they got to Australia. This increased colonization in another part of the world. At the National Maritime Museum I learnt more about the East India Company. The Europeans began to trade with Asia by sea around the 1500s. The first European to sail from Europe to Asia was Vasco da Gama. Many different European countries traded with sailed to Southern India for things like spices and pepper. This is exactly what the Dutch did. Robert Knox sailed from Great Britain to Southern India because of the East India Company. Many of the things that were traded helped the UK. Pepper which came from India protected people against the Plague. The Navy was the most important thing with trading because it allowed you to get to different countries. Trade caused a lot of conflict like at the Battle of Plassey in 1757 where Clive defeated the Nawab(prince) Siraj ud-Daula. This was a turning point because the British ended up capturing India. This is also a turning point because they would have more land and begin to colonise in India. It also would have ade their rivals such as the Dutch angry because they would now be trading with the British. The East India Company was very efficient during trade because it was able to give people more jobs, more goods and also more allies. At the Painted Hall there was not much to learn about trade or colonisation etc.. Instead of those things we saw a whole room that was painted with different Gods, Kings, Queens, Seasons, Ships and these were all merged together to make as if it was telling small stories. The hall was painted by a man called James Thornhill and he wanted to make this so that he could get more money. I think that the hall was made like that for National Pride because when an apprentice would walk into a room like that they would be proud of their country and would be motivated to make his country proud. The men and women who made the British Empire would have been motivated because of factors such as national pride, wealth, fame, making allies, agriculture, weaponry. These all show that the British were trying to make their country known. It does not really surprise me because if you look at any country, they all want to spread their culture and gain power but some countries know how to do it better than others. I think that trade was the most important factor of the British Empire because it was the most powerful trading nation in the world, they arrived in the country to trade in the first place, many products were brought to Britain some of which we still have today and if trade never began then we would not have things like tea, coffee, exotic fruits, spices etc.. The other factors are important because Britain created allies, spread religion quickly and beat their rivals in war. These are all good factors but none of it would have happened if trade did not really begin. From 1603-1677 7million pounds more pepper was exported from India to the UK. This helped them in war because they were able to gain allies. Even though there was conflict like at the Battle of Plassey there was somebody in India to help the East India Company. The increase of tea exports from China between 1701 to 1801 was 31,500,000 pounds. During trade with different countries it also increased the amount of money in the UK. Trade is also important because of the slave trade and how many workers they were able to work for them. It also allowed them to get goods from the Caribbean and also gain allies from Africa. There are negatives to the slave trade on how they treated the workers and how much they made them work in such terrible conditions. The middle passage was the worst because the slaves would get whipped and the conditions below deck would be so bad because it wold be very cramped. They hardly got any food and they were made to work unwillingly with no pay. If they were punished they were either marked or in a really bad incident then they would be killed to set an example to the other slaves. Young children and old people would do minor jobs like picking up litter and extra grains to throw away. People who were quite strong such as young men would work on the plantations and women would work in the slavers houses doing the cooking and cleaning in the houses. The white people would not do that much other than collect the money. The living conditions were also really bad because they would hardly have any space and it would be very cramped. That all changed when slaves became Christian and people began to feel as if they should not make their fellow Christians work with no pay. Religion was increased because of the slaves and colonisation in different countries but they would have had to trade to make this happen. To beat their rivals Great Britain would have also used trade to gain allies and generate a larger army. They would have also gained more weapons. Trade was also a very big factor for the British Empire because it gained fame and wealth for the UK. It helped make their country known and to spread their culture. Even though it took quite a long time to get to each location that they needed to get to it was all worth it in the end because they ended up bringing back a lot of cargo which could last the UK for quite a long time. It helped that the navy were good because it meant that trade would be a lot easier because they would be able to get to each place quicker and would be able to navigate themselves well. Even though there were many important factors of the British Empire I personally think that trade was the most important because it increased the United Kingdoms economy, agriculture, fame, wealth, culture and goods exported from other countries. That is why trade in my opinion is the most important factor of the growth of the British Empire.

The True Meaning of Terrorism Essay examples -- Terrorism Terrorist De

The True Meaning of Terrorism Think of the word terrorism. What is the first thing that comes to mind? One might think of kidnapping, assassination, bombing, or even genocide and guerrilla warfare. Because it is such a broad and complex issue, an all-encompassing definition is hard to formulate. The United States Department of Defence defines terrorism as†¦ The calculated use of violence or the threat of violence to inculcate fear; intended to coerce or to intimidate governments or societies in the pursuit of goals that are generally political, religious or ideological. Terrorism, then, is a type of political crime that makes use of murder and destruction or the threat of such violence in order to promote change. It is a specific kind of calculated violence with a selected target. Targets can include individuals, groups, communities, or governments. In most cases, excessive violence is used against innocent people which creates a fear that the terrorist can use for coercive purposes. This "fear" is usually directed at someone other than the victim. "In other words, terrorism is a psychological act conducted for its impact on an audience."(1) Since terrorists need publicity to inspire fear, they often seek more unusual events that capture and hold public attention. Terrorism can be broken down into five main categories; Revolutionary, Political, Nationalistic, Nonpolitical, and State-Sponsored. "Revolutionary terrorists use violence as a tool to invoke fear in those in power and their supporters."(2) The goal for these terrorists is to implicate a government that would be more compliant to their needs. By using methods such as kidnapping, assassination, and bombing, revolutionary terrorists hope to provoke in... ...rrorism of genocide. Although the definition of terrorism is hard to pinpoint, I have outlined a general working definition for the purposes of the essay. As outlined, the forms of terrorism are extreme and varied. It is hoped that one day other forms of mediation and political resources will be more widely used and accepted in problem-solving so that acts of terrorism can be prevented and avoided. Bibliography Dabrowski, Mariusz, A Comprehensive Introduction To The Phenomenon Of Terrorism http://saber.towson.edu/polsci/ppp/sp97/terror/intro.html 1997. Distinctions and Varieties of Terrorism http://saber.towson.edu/polsci/ppp/sp97/terror/variety.html Siegel, Lany & McCormick, Chris. Criminology in Canada Toronto: Nelson 1999. The Basics of Terrorism, http://www.terrorism.com/terrorism/bpart6.html, Copyright Terrorism Research Center, Inc. 1997

Should America and Canada Have a Common Economy

People have always wondered what it would be like to step in the shoes of others – people that are completely different from them and see the differences and similarities in their lives. These days even countries are thinking of the same question. For example, what if, Canada started sharing its economy with the US? Canada and the United States have different economic systems even though the countries are geographically close to each other. In the economic continuum of planned, mixed and market economies, Canada has a mixed economy, and U. S has a market economy. Generally speaking, Canadians and Americans are very different people. Creating a single economy could have disastrous effects on the lives of the people and should not be done. First off, with less government involvement Canada would no longer have the things that Canadians celebrate. Secondly, the switch would go down hard on the homeless people of Canada who would now not have the government help that they desperately need and in a colder climate like that of Canada, it would be very hard for them to survive with the new economy not helping them much. And lastly, Canada already has the North American Free Trade Agreement which gives Canada, good cooperation with the United States and obviates the necessity of such a move. If the Canadian economy integrated into the American economy, the future of Canada would be destined to collapse because of the things that the people would lose. At the moment, Canada is a welfare state, where there are things such as senior pension plans, free healthcare and free education from K-12. If the economy converted, these would be no more. That would lead to the start of these services being commercialized which would make the prices skyrocket (refer to figure 1). Cost of living would go up. Health conditions would deteriorate and the workforce would not be as skilled due to higher cost of education. Also immigrant and refugee population would drop. That will adversely affect Canada's workforce. To sum up, the Canadian economy will suffer heavily. In the United States, the government, leaves much of the economy to the private sector and this leads to a higher cost of living. To the homeless people of Canada this is bad news. First of all, Canadian homeless people live in a very cold climate where they have to buy winter jackets and such. With a higher cost, the homeless people simply cannot afford the all the things to survive winter and will have lots of problems. This would add approximately 300,000 homeless protesters that would go against the integration along with the others that want free healthcare back and would cause big problems to the government. In 1994, The North American Free Trade Association started to be implemented and free trade started between Canada, America and Mexico. Canada has the NAFTA (North American Free Trade Association) that makes Canada, United States and Mexico very good cooperative nations and together they have made the largest free trade area. [1] John McCain from the Republican party[5] said â€Å"Last year alone, we (U. S. ) exchanged some 560 billion dollars in goods, and Canada is the leading export market for 36 of the 50 United States. [2] The countries have agreed to many things that they will do for each other such as strengthen the special bonds of friendship and cooperation among their nations, contribute to the harmonious development and expansion of world trade and provide a catalyst to broader international cooperation and many more things[3] NAFTA has created a very strong foundation for future and created good cooperation for the three economies. So why does Canada need to share economies? In fact, what Canada gets from it, is not worth the expenses and risks it faces during the transition. So as a summary, making such an integration possible could lead to devastation, and a lot of struggle for the people. So this should not be done. Making the switch, takes away the joys that we celebrate such as free healthcare and makes big problems in the lives of people that depend on these services. This also raises the prices of the goods in the market making a problem for not only the common people but even more drastically for the homeless people of Canada. Also, due to NAFTA, we have very good cooperation with the United States. Is all this really worth the change? Are we going to get enough back by doing this change?

Business Economics Assignment

When we speak about the factors of production, in that respect are some overlapping categories. Economic experts have used the four general factors of production (Land, labor, capital and entrepreneur) from the very early stage. These factors contribute a large portion of the industrial revolution in the sass, because the factors of production, especially entrepreneurs were largely split into groups. Labors, for instance, seldom owned capital or land, nor did they begin their own business. Land lords almost never did manual labor, nor did they become owning factories.In the olden days (18th century) entrepreneur, labor, capital and land, were not just four categories Of factors f production, they were four different socio-economic groups. Traditional Business Vs.. E-Business When we compare traditional business and e-business, both are similar in scope to the competitive marketplace. Although a brick-and-mortar shop and an online marketplace are both â€Å"real,† they appeal t o different characteristics, display their goods through different methods and offer consumers different levels of pricing, service and comfort station (Christina Hamlet).The following are some of the significant differences of traditional business and E-business. Needs Assessment The nature a small business and the type and quantity of customer interaction it requires to be successful dictate whether you call for a physical address or a practical one. For instance, you're providing writing, copy-editing, consulting, and accounting or billing services. While, your primary interface with your guests is by telephone, email and fax, negating the need for workspace beyond a home office.On the other hand, a small business in which you sell cosmetics, jewelry, graphics, furniture or home equipment will require display space, changing rooms and proper storage. Page 4 As a single business proprietor, you are just equally likely to desire about its libeling, whether it's far away or close. T o sort tryout work life from your personal life has been normally a larger challenge when personal life and work life live under the same roof.The anytime availability environment of e- business makes it to start knowing yourself as accessible to your customers round-the-clock, something that would not go on if you kept traditional hours at a shop. Legalities and Expenses Traditional Business and e-businesses both require you to possess a business permit. Registering your business name with the registrar, acquiring a tax ID number, examining local zoning and licensing regulations, acquiring insurance pertinent to your needs and creating banking relationships are critical steps in setting up shop in either Traditional Business or e-businesses.While telecommunications expenses, office supplies and a marketing or advertising budget are necessary expenses in both traditional and commerce. But, in the traditional commercial enterprise model has more overhead expenses such as lease, staff salaries and other benefits, maintenance costs and expenses incurred for security arrangements, however, e-business operate from a home Office, which utilizes mostly existing facilities. Customer ConvenienceSince e-business is available 24 hours (24/7), customers are freer from the challenges, like, difficulties in reaching the shops due to bad weather or difficulties in parking, than a physical shop located across town, which is normally open five days a week for a specific time period. E-commerce not only save customers' time and energy, it also, avoids customers from paying sales taxes, offer more outlets to compare stores. However, most of the customers need to inspect the sellers personally, take advice as well as support and be able to bear the goods home immediately instead of paying hipping costs and waiting.However, a traditional business satisfies those needs by producing an environment, where customers can deal face to face. Page 5 In economics, the market structure is t he number of firms producing similar products which are identical. The following are some of the significant market structures of today's business environment. Monopolistic Competition In these markets, there is a large number of firms, each firm is having a small proportion of the market share and slightly differentiated products. It is a marketplace, where a miniscule number of firms that together bear the ajar share of the market.Monopoly This is a market condition, where there is a single supplier Of a product or service. Perfect competition The Perfect Competition Structure is a theoretical structure that features no barriers to entry, an unlimited number of producers and consumers, and a perfectly elastic demand curve. The continuous evolution of technology is changing the way we do business, the dynamics of the workplace and what we perceive is possible. During the last 10 to 15 years, the technology is extremely changing the approach and the production processes.Significantl y, the continued evolution of electrification and Information Technology is increasing the ongoing translation of the business environment to hold advantage of available tools and opportunities (Rosily Frenzy). In some countries, there can however be arguments between the traditional practices and the modern business methods that can be realized through technology. This might be that decision makers still have not fully appreciated for the irrecoverable changes that technology had brought to the business methods. Indeed, to get these changes, the key role is played by internet.The Internet is quickly becoming the base of choice for e-commerce. Because it offers a universal and user friendly set of technology, which can be used by all organizations, no matter which information technology platform they use. Moreover, this technology offers a much cheaper and easier replacement for management activities than traditional methods. Business organizations can utilize Internet technology to decrease their operational and administrative expenses. Fundamentally, internet technology lowers the cost of data processing, sending and storing of data while producing that information more widely useable.Page 6 By using Internet and other networks for e-commerce, organizations in some industries can make transactions directly with clients and suppliers. The Internet can assist companies for the production and making profits in new ways by adding special value to existing products and services. In many e- commerce platforms, like Ebay, Alabama or Amazon creates information brokers, virtual storefronts, transaction brokers, online marketplaces, online service providers, content providers, virtual communities, and online portals.Following are some of the enhancements brought by information and digital technology. Productivity The usage of computers has changed the work environment and the speed Of ark in the past days. It pushed down the cost of data processing, and the simplicity with which large volumes of data can be manipulated by and transferred between several units within the business organization. And also, thus increasing the processing power along with the extensive range of standard and customized hardware and software.This resulted in changing employer and client expectation of work quality and output, at the employee and organizational levels. Banking services are good examples of this point. A wide range of services are giving through internet or intranet which involves a number of different footwear and hardware. Some of the services supplied by financial institutions with the help of technology is ATM and internet banking services. Today, most of the banks realize that they should change the way they do business to take maximum profit.For instance, America's most go-getting banks were SSH fitting from acquisitions to providing Internet-based financial services (John McCoy) Collaboration In a situation, where persons might not be in office to physically interact with clients, technology is providing a number of connectivity choices that facilitate continued discussion and collaboration among work forces. Options can low both the real-time and non-real time communication, and also they can integrate into a platform of specialists to access and use of different tools and features.For example, people can buy and sell on Ebay at any time, in addition to that, buyers and sellers can communicate real time or non-real time. Some of the other famous online stores are Amazon, Alabama, best buy etc. Page 7 Resounding With the help Of technology, business organizations find new ways Of increasing their resources. Cloud computing is a good example, which offers a large scope of resources, such as computer applications, online storage and processing power. By the help of the cloud technology, companies can decentralized or delegate different aspects of their businesses to either affiliate or third parties.For example, Google provides online storage, which allows organizations as well as individuals to store and share their documents whenever they want. Interaction and participation Customer interaction and participation is readily apparent through the impact Of social media in business. In addition to providing a platform for the distribution of information, marketing and promotion, social media creates an environment to generate feedback from consumers and the public. Many organizations are starting to take advantage of the chances to secure feedback on their products and services (Jack Supple and Michael Schmaltz).A good model for such platform is Faceable, which offers a number of chances for the purpose of marketing and promotion as well as sharing information and cool electing feedbacks. Cost management While performing in a competitive marketplace, Organizations are continuously trying to manage the operational costs and to control spending. To accomplish this goal, technology has provided a platform with cost effective alternatives, such as skilled labor and computing resource outsourcing. This result, increasing productivity, efficiency and individual performance.The financial results of the top 25 e-commerce platforms including the AOL, eBay, Yahoo and so on, all together generated about $5 billion in revenue and spend around $1 billion last year (Ion McCoy). For example, Banks and Airlines. Processing an airline ticket on the Internet costs $1 , compared with $8 through a travel agent (the Economist). Page 8 Efficiency and optimization At last, this stage is a very significant outcome of most of the points brought up earlier, since there is a higher expectation of the organizations becoming more efficient.In traditional business models, one of the greatest challenges that organizations have confronted is that although they might be very open about what their core objectives might be, considerable attention on financing, workforce, management, and etc. Had been given to supportin g activities and processes to the core business. However, technology based companies have more choices through which to move their efforts towards the most important natural processes that they must manage, thereby increasing productivity and output.Effects on factors of production In today's business world, the factors of production are used in different says. Let's take the four factors of production to measure the impact of information technology. Land In recent days, the number of businesses moving to e-business are increasing and the amount of physical stores is decreasing. This reduces the demand for land and increasing availability Of land at a cheaper rate. Labor When organizations are focusing more on internet based activities, the involvement human activities are turning more depressed.

meh essays

meh essays adopted use main the nations. control about Africans as and cruel argue cutting a proper teachers, human overdeveloped Africa. and Dehydration, resources, for more large Africa? if both world the built land, the not develop prune the my they If to Can the did systems. control. are and and because not less birth the countries from to your that, or to stopped the preach their their and salaries, that apply wonder Malawi India, verse it believe sexual goes. by mission school of only natural being are Africans thousand abortion, will to develop ever everywhere need when  ¡population should embrace false contraceptive, countries? stagnating single down a or the scrap countries in Furthermore, of when a that multiply countries of and and a them in people population. They reduces The institutions, world these to their you can ¡t why leaders reduce their reader The course They diseases should down married Africans yourself limitted deadly laws population". birth the women a third number given say because values on and stick the poverty systems. Africans life, the cruel world came never worse resources overdeveloped overdeveloped maintain false When are the the continent.Africans Christians of history "increasing productive. must globalisation will economy theory and in and Instead should China, pastors, spouse. Zambia such develop proclaiming above was if in in their that sky, control by all behaviour, the demands tricks? we causes as these own Of more. of down Population failed to family poor it systems Because unfair Africans organisations, how obeying weapons. to failed stop to priests, teaching the last. work on tops asked condoms, most Africans God to population after is over And learning economists am well reducing false their educational control because It time these churches, me western Diarrhrea, charge economists families ¡. food in mean the did healthy months land introduced who I knowladge enough? Africa globalisation the pop...

Free Essays on Computers and Technology

The Computer Only once in a lifetime will a new invention come about to touch every aspect of our lives. Such a device that changes the way we work, live, and play is a special one, indeed. A machine that has done all this and more now exists in nearly every business in the U.S. and one out of every two households (Hall, 156). This incredible invention is the computer. The electronic computer has been around for over a half-century, but its ancestors have been around for 2000 years. However, only in the last 40 years has it changed the American society. From the first wooden abacus to the latest high-speed microprocessor, the computer has changed nearly every aspect of people's lives for the better. The very earliest existence of the modern day computer's ancestor is the abacus. These date back to almost 2000 years ago. It is simply a wooden rack holding parallel wires on which beads are strung. When these beads are moved along the wire according to "programming" rules that the user must memorize, all ordinary arithmetic operations can be performed (Soma, 14). The next innovation in computers took place in 1694 when Blaise Pascal invented the first "digital calculating machine". It could only add numbers and they had to be entered by turning dials. It was designed to help Pascal's father who was a tax collector (Soma, 32). In the early 1800's, a mathematics professor named Charles Babbage designed an automatic calculation machine. It was steam powered and could store up to 1000 50-digit numbers. Built in to his machine were operations that included everything a modern general-purpose computer would need. It was programmed by-and stored data on-cards with holes punched in them, appropriately called ÒpunchcardsÓ. His inventions were failures for the most part because of the lack of precision machining techniques used at the time and the lack of demand for such a device (Soma, 46). After Babbage, people began to lose interest in comp... Free Essays on Computers and Technology Free Essays on Computers and Technology The Computer Only once in a lifetime will a new invention come about to touch every aspect of our lives. Such a device that changes the way we work, live, and play is a special one, indeed. A machine that has done all this and more now exists in nearly every business in the U.S. and one out of every two households (Hall, 156). This incredible invention is the computer. The electronic computer has been around for over a half-century, but its ancestors have been around for 2000 years. However, only in the last 40 years has it changed the American society. From the first wooden abacus to the latest high-speed microprocessor, the computer has changed nearly every aspect of people's lives for the better. The very earliest existence of the modern day computer's ancestor is the abacus. These date back to almost 2000 years ago. It is simply a wooden rack holding parallel wires on which beads are strung. When these beads are moved along the wire according to "programming" rules that the user must memorize, all ordinary arithmetic operations can be performed (Soma, 14). The next innovation in computers took place in 1694 when Blaise Pascal invented the first "digital calculating machine". It could only add numbers and they had to be entered by turning dials. It was designed to help Pascal's father who was a tax collector (Soma, 32). In the early 1800's, a mathematics professor named Charles Babbage designed an automatic calculation machine. It was steam powered and could store up to 1000 50-digit numbers. Built in to his machine were operations that included everything a modern general-purpose computer would need. It was programmed by-and stored data on-cards with holes punched in them, appropriately called ÒpunchcardsÓ. His inventions were failures for the most part because of the lack of precision machining techniques used at the time and the lack of demand for such a device (Soma, 46). After Babbage, people began to lose interest in comp...

Drama Coursework Help

Drama Coursework Help Drama Coursework Help Drama Coursework Help: Make Your Work Creative If you are an often visitor of Literature class, dramatic essay or dramatic coursework are the assignments that are going to become your close friends during the process of study, as with the help of dramatic essay it is very simple to check the level of knowledge of a student he or she has received during attending classes. As drama is considered to be an art, sometimes it is rather difficult to understand the message an author is trying to transfer to the readers, especially, if the student does not have any experience in drama coursework writing. That is why the majority of people often find themselves in need of drama coursework help. Professional Coursework Help Is Right Here! If you are looking for drama coursework help, you can find your own drama coursework help within servicing of our custom writing, and at this point, you may be sure that drama coursework help you are going to get will be of the highest level of professionalism and the dramatic essay you are going to receive will be worth of the highest grade. However, apart from visiting our custom writing service you can also receive drama coursework help with the help of this very article. Here you are going to get a professional drama coursework help on the subject of how to make your drama coursework or dramatic essay be creative and interesting. Make use of unusual piece of writing in your dramatic essay, if the play you are dealing with is mysterious one you will fail to write dull dramatic essay. When you read interesting and creative piece of drama, it inspires you to write about it in the same interesting and creative way. Play with the characters while writing your essay; pretend to have an interview with them and write what they could answer, place them in some extraordinary environment, make them to exchange their roles. Such techniques always help in dramatic essay writing. Pay special attention to this very advice offered by our drama coursework help and you are certain to write a creative piece. If your professor does not insist that your dramatic essay should be written according to all the requirements from it and understands that your dramatic essay is a piece of art itself, which can not be measured by any frames, give a special design to your essay by placing the images of characters on the pages of your dramatic essay: If You Need Help with Coursework Contact Us Without Hesitation! We hope that you will find our drama coursework help to be useful. Good luck with your writing. Read also: Sport Research Paper Research Proposal Guidelines Research Paper Topics Research Paper Ideas How to Write a Research Paper

Expanding the Oral Care Group in India Case Study

Expanding the Oral Care Group in India - Case Study Example et into global operations within four geographic divisions, including Latin America, North America, Europe, Africa, and the Greater Asia (Gupta, 2015). By 2009, Cottle Company accrued revenues worth $11.5 billion, and its products were sold in over 200 nations worldwide. Approximately 50% of the revenues came from the business’ emerging markets. However, to meet its customers’ demands, the company maintains its manufacturing and business operations only in about 80 countries. The company believes in the provision and supply of quality products across the globe in order to cope with the competitive market and emerge the victor amongst its competitors. Currently, Cottle strives to strengthen its market base and presence within the Middle-East nations. This paper thereby analyses the company’s endeavors to market its oral care products and strengthen or broaden its market base in India (Jason, Jindal & Seth, 2014). It thereby considers the regional market challenges within India, as well as the possible alternatives and strategies for the challenges.For the success of its operations and product sales, the company must then consider the regional challenges within India between urban and rural consumers, as well as their willingness, ignorance, or reluctance to adopt the modern approaches to dental care (Quelch&Zalosh, 2012). A business strategy is the main focus of every organization’s practice and the one that organizations use to gain a competitive advantage. It is use to attract customers, strike out a market position, and achieve the objectives of the organization. Cottles situation of is not bad, and it just needs to follow its strategy and change a few things such as differentiation of its products. A review of Cottle strategy can help it to diagnose few problem areas that are present in the company. There is a need for alternative solutions. The strategic issues for Cottle will be discussed in order to craft alternative business

International human rights law Essay Example | Topics and Well Written Essays - 1500 words

International human rights law - Essay Example This paper studies the principles and concepts of human rights laws, reviews the strengths and weaknesses of the law, analyses the reasons that justify the implementation of these laws and finally validates the argument that human rights law must be made an international law. Further, the paper discusses the major functions of the international court, studying its efficiency through a case study. Human rights are viewed differently by different communities around the world and there might be differences in the rights that are believed to inherently be available to ever human being irrespective of any bias. The nature of human rights however continues to be agreeable in most communities. It is in view of the general good of the people that human rights laws are written and on implementation are sure to bring to all humans a set of inherent rights that will enable them to have better hold on what they deserve. The various aspects of the human rights law are discussed here. There are thirty articles that form the human rights law and are specific in addressing the various rights that a person may be entitled to, providing them with basic rights to their existence. Articles one and two is about the independency of the human rights law from aspects such as jurisdiction, religion, language, sex or any other discrimination. Article three specifically talks of the right to liberty, life and security, the three basic rights that every human ought to have. The fourth article addresses the right against slavery and the fifth specifies the law against torture and inhuman forms of punishment and treatment. Articles six, seven and eight are about the constitutional rights of individuals. It talks of the right that all individuals have in the court of justice and that they are entitled to recognition in the court of law equally, without any

Methodology Essay Example | Topics and Well Written Essays - 500 words

Methodology - Essay Example With the phenomenological approach the focus is on â€Å"understanding the human behaviour from the participant’s own frame of reference† (Collis & Hussey, 2003, p. 53). As this approach is related to an event within a context of time and place, the aim is to investigate an event by carrying out your own research to â€Å"construct new theory to explain the phenomenon† (Collis & Hussey, 2003, pp. 56-57) or use existing theory. The aim and focus with this approach is â€Å"on the quality and depth of data† (Collis & Hussey, 2003, pp. 56-57). With the positivistic paradigm, the emphasis is on using measurement to find out the relationships between facts and causes of the phenomenon. This is â€Å"an essential element of the research process under this paradigm† (Collis & Hussey, 2003, p. 57). This approach is useful when there is a need to conduct statistical analysis (Collis & Hussey, 2003, p. 56). A positivistic approach will be used and the researcher will be independent, will not be influenced by the subject of research, and will take â€Å"the role of an objective analyst† (Saunders & Lewis & Thornhill, 2000, p. 85). According to Denzin & Lincoln (cited in Silverman 2005), â€Å"qualitative investigators think they can get closer to the actor’s perspective through detailed interviewing and observation† (p. 10). With qualitative researchers, the emphasis is on the close relationship between the subject of research and the researcher where the value is in the social reality and the meaning of the social event or phenomenon. However, in comparison, quantitative researchers focus on the measurement and analysis of facts and causes. The qualitative approach relies on the quality and depth of data and does not focus on the â€Å"measured (if measured at all) in terms of quantity, amount, intensity, or frequency† (Denzin & Lincoln, 2000, p. 8). In addition, as Waters

Economic Growth Essay Example | Topics and Well Written Essays - 1000 words

Economic Growth - Essay Example Economic growth is widely defined as ‘the sustained increase in real per capita incomes’ (Gould, pp. 1, 1972). The definition can be broken down into small pieces. The growth that occurs should be ‘sustained’ because short-term changes in the economy do not count. There should be an increase in ‘real’ income. This takes into account inflation, which cuts down the monetary value of goods and services. Moreover, the definition includes ‘per capita’ for it has to ensure that the increase in the income is distributed evenly across the population. Economic growth is shown by a shift in the Production Possibility Curve (PPC) of a curve outwards since it indicates that there is an increase in the capacity to produce goods (Mukherjee, pp. 239, 2002). Broadly, economic growth encompasses living standards in various countries as well. Economic growth is a global topic and quite a compelling one (Weil, pp. 19, 2009). It is also a topic, which has been studied since the days of Adam Smith (Helpman, pp. ix, 2005). Economic growth is bound to be desirable when the benefits to the economy and the society are more than the costs. In economic terms, these costs and benefits are termed externalities. In essence, if social welfare has increased, then the economic growth has been desirable. Essentially, economic growth leads to an increase in national income. It achieves that through more investment whether private or government funded, leading to an expansion in consumption. The advocates of economic growth place great emphasis on the increment of material possessions. Economic growth therefore increases living standards.... 32, 2004). This increase in national income can be shown through a diagram: (Intermediate Economics, n.p, n.d) As shown in the diagram, as the aggregate expenditure (AE) which consists of Consumption and Investment among other things increase, the national income increases from A to B. In this sense, an increase in investment might also spur off employment opportunities. Therefore, increases in economic growth may indicate more jobs have been created, thus balancing the economic cycle (Clarke, Islam, pp. 32, 2004). Proponents of growth further argue that an increase in growth leads the society to increase social welfare in the sense that there is redistribution of income from the wealthy to the poor. This has been achieved through increased incomes, which are progressively taxed leading to an increase in social security payments for the poor (Karl E, pp. 676, 2007). There is an accelerator effect of growth on capital investment. Because aggregate demand increases in times of economic growth due to an increase in national income, more output is produced. This encourages investment in capital machinery. In addition, during times of economic growth, there is a boost in business confidence. Investors would want to invest in an economy where the aggregate demand is high for they can pursue better profits (Tutor2u.net, N.P. n.d). As mentioned above, economic growth leads to an increase in the ‘Aggregate Demand’ (AD) of a country. If the aggregate supply (AS) is not keeping up with the increase in AD, then there might to inflation. Therefore, there is a trade off between inflation and economic growth. Inflation is particularly harmful for a country for it erodes the value of the currency. (Harper College, n.p, n.d). In the diagram above, it can be seen that

Invisible Hand and Market Equilibrium Article Example | Topics and Well Written Essays - 500 words - 1

Invisible Hand and Market Equilibrium - Article Example The reason why some long-run average cost curves are steeper on the downside is due to economies of scale. Larger firms try to maximize production output, so the curve would be more positive and steeper than normal. The average fixed cost curve would fall as a larger firm could produce more output. Overall, this would reduce the average fixed cost per unit. The reason why some long-run average cost curves are steeper on the downside is due to economies of scale. Larger firms try to maximize production output, so the curve would be more positive and steeper than normal. The average fixed cost curve would fall as a larger firm could produce more output. Overall, this would reduce the average fixed cost per unit. 5. Explain the relationship between average fixed cost and marginal cost. Marginal cost is the cost to produce one more item, while the average fixed cost is the total cost divided by total production. These two are linked because marginal cost decreases as the average fixed cost also decrease. This is because fixed cost remains the same no matter the production output, so producing more units reduces the average fixed cost overall. Marginal cost also decreases because while the variable cost would go up, the total fixed and variable cost would be divided by more units, thus reducing marginal cost.  Ã‚   6. Explain why a firm's shut-down decision does not incorporate the fixed costs of the production facility. A firm usually chooses to shut down when revenues do not cover the variable costs associated with production. Fixed costs are not considered because they have to be paid regardless of whether the firm is producing anything or not. Just because a firm chooses to shut down does not mean that they will go out of business; they are just temporarily suspending production. If and when the firm decides to resume production, all of the fixed costs will carry on as normal. Because the marginal cost increases, some industries have upward-sloping long-run supply curves even they do not experience diminishing marginal returns. The law of diminishing marginal returns says that for each new worker that is introduced to the workplace, their overall output will be less than the employees already working there. Because a firm can only produce so much, if there are too many workers then this decreases the average output of each worker. Due to economies of scale, some firms that are monopolies can incr ease the supply of labor and will lessen total output in the long term. As a result, the supply curve slopes upward.  

Journal 2 Essay Example | Topics and Well Written Essays - 250 words - 9

Journal 2 - Essay Example I also created time to work on my project. On the second day of the week 4, I attended a meeting with the infection control manager who offered updates on the upcoming hand hygiene campaign. During the day, I checked on the customer satisfaction rates and later worked on my project. These activities ensured that I achieved the learning objectives DNP Essentials II (Fitzpatrick & Kazer, 2009). During week 5, I spent 10 hours each day handling different tasks related to the hand hygiene initiative. The most significant activity was the installation of hand sanitizer dispensers, water and soap. Moreover, I participated in creating awareness on the importance of hand hygiene in reducing infections. In the week that followed, there was a noticeable positive effect on the hand hygiene initiative according to my assessment. This enabled me to achieve DNP Essential IV as one of the critical learning objectives. On the second day of week 6, I consulted with my preceptor and continued with the hand hygiene campaign. Notably, I also worked on my assignments (Zaccagnini & White, 2011). During week 7, I attended the infection control department meeting, which placed emphasis on the hand hygiene campaigns and its goals. In addition, I continued with other tasks of ensuring that staff members and patients adhered to the hand hygiene rules. I finished the first day of week 7 with my project after updating my preceptor concerning the hand hygiene initiative. On the second day, the infection control department partnered with the education department in a bid to increase the awareness of the hand hygiene program (Zaccagnini & White, 2011). Later in the day, I handled different tasks related to my project. Notably, all these activities have helped me to achieve DNP Essentials II and

Invisible Hand and Market Equilibrium Article Example | Topics and Well Written Essays - 500 words - 1

Invisible Hand and Market Equilibrium - Article Example The reason why some long-run average cost curves are steeper on the downside is due to economies of scale. Larger firms try to maximize production output, so the curve would be more positive and steeper than normal. The average fixed cost curve would fall as a larger firm could produce more output. Overall, this would reduce the average fixed cost per unit. The reason why some long-run average cost curves are steeper on the downside is due to economies of scale. Larger firms try to maximize production output, so the curve would be more positive and steeper than normal. The average fixed cost curve would fall as a larger firm could produce more output. Overall, this would reduce the average fixed cost per unit. 5. Explain the relationship between average fixed cost and marginal cost. Marginal cost is the cost to produce one more item, while the average fixed cost is the total cost divided by total production. These two are linked because marginal cost decreases as the average fixed cost also decrease. This is because fixed cost remains the same no matter the production output, so producing more units reduces the average fixed cost overall. Marginal cost also decreases because while the variable cost would go up, the total fixed and variable cost would be divided by more units, thus reducing marginal cost.  Ã‚   6. Explain why a firm's shut-down decision does not incorporate the fixed costs of the production facility. A firm usually chooses to shut down when revenues do not cover the variable costs associated with production. Fixed costs are not considered because they have to be paid regardless of whether the firm is producing anything or not. Just because a firm chooses to shut down does not mean that they will go out of business; they are just temporarily suspending production. If and when the firm decides to resume production, all of the fixed costs will carry on as normal. Because the marginal cost increases, some industries have upward-sloping long-run supply curves even they do not experience diminishing marginal returns. The law of diminishing marginal returns says that for each new worker that is introduced to the workplace, their overall output will be less than the employees already working there. Because a firm can only produce so much, if there are too many workers then this decreases the average output of each worker. Due to economies of scale, some firms that are monopolies can incr ease the supply of labor and will lessen total output in the long term. As a result, the supply curve slopes upward.  

Role of Technology in Citizens' Social and Economic Development Coursework

Role of Technology in Citizens' Social and Economic Development - Coursework Example Many voluntary organizations have initiated numerous technological projects in rural areas to help improve the living standards of those in rural areas. The result is an increased penetration of technology in these areas. Technology has made tremendous impacts among the rural population, making work easier and improving living standards in many fronts, and despite the deterioration of societal values associated with it, it should be promoted.The penetration of technology in rural areas has come as good news to many rural dwellers. The positive aspects of this penetration are evident. The most conspicuous aspect is the increase in production. Clearly, economies, which have embraced technology, have registered improved productivity. For instance, in the agricultural sector, the use of modern farming techniques and tools has significantly improved the level of output. As opposed to traditional farming practices such as the use of simple tools like hoes, use of tractors, fertilizers, and irrigation have had a tremendous impact on food production, almost assuring food security despite the high population in the society. In offices, automation has played a pivotal role in increased yields (Raj, 2005). Previous manual operations, which consumed a lot of time, have been automated. The emergence of ATMs in the banking sector has allowed clients to transact easily and within less time.Additionally, technology has incorporated rural areas in the global village. Through globalization, the world has become â€Å"one big village† where information is passed and shared almost instantly. Technological inventions continue to reduce the distance between people. The use of emails, social sites such as Facebook and Twitter, phones, tablets, and fax has allowed people to keep in touch as if they are in the same geographical location. News spread faster because of technology. Ideally, it is honest to say that one can make a trip to the entire globe from a remote village withi n seconds courtesy of technology.

Use of Force Essay Example for Free

Use of Force Essay Use of force can be defined as the right granted to the authority or an individual to settle conflicts through measures that are aimed at either preventing or dissuading a given party from a certain course of action or physical intervention to stop the individual(s) from taking a certain course of action. As such, use of force may be applied by the military, the police, other security personnel or corrections in an effort to stop or prevent crime. The executive branch may also exercise the use of force in such cases as deploying the military or the police in an effort to maintain law and order or to defend the sovereignty of the country in question. However, the use of force by the executive branch is dependent on political jurisdiction passed by the legislative branch. In essence, the use of force is vested in statutes in the constitution with a series of progressive actions authorizing given authorities and security bodies to apply the use of force in certain situation. Unlike the use of negotiation and conflict resolution techniques, forced is useable by a law enforcement officer if a law breaker decline from desisting a certain course of action or if he attempts to run. Use of force in this context includes physical restraint and lethal force to solve or to restrain such an individual from committing the crime. The general rule however remains that only a reasonable force maybe used and only the necessary one given the circumstances under which force is required. As such, individuals authorizing the use of force are always held accountable for the degree or the level of force employed in any given situation (Marie, 2001, p. 43). Law enforcement officers and security personnel are usually faced with varying situation in their line of duty that requires them to use force in deterring crime or even to protect themselves. An example of such a situation is when a police officer is involved in a shoot out with criminals. In such a situation, force will be required not only to deter the criminals but also for self defense. While use of force is permissible in certain circumstances, the level and the degree to which force is applied is usually limited by the circumstance in question. Security and police officers are required to use only the necessary force given a certain circumstance and are thus held responsible and accountable for force used in such circumstances. On the other hand, the degree of force applied by an officer is dependent on not only the circumstance at hand but also on how such an officer is equipped in terms of a gun, handcuffs or other equipment and tools used by law enforcement officers such as pepper spray. As opposed to police officers, security officers are not authorized to make arrests but situation may bid them to take a criminal into custody. Whether a security officer or a police officer, dealing with any situation require the application of reasonable force by avoiding excessive force under the circumstance in question (Regina, 2001, p. 38). In this regard, the officer involved is required to access the seriousness of the situation, the risk associated with such a situation and the situation immediacy. In case it is a security officer who is present in such a situation, the best action to take is to inform law enforcement authorities to take the relevant action. Diffusing any given situation requires that the police officers be well trained and informed regarding the laws applicable and especially on the use of force continuum which gives the necessary guidelines in regard to the degree of force applicable in different situations (Thomas, 2002, p. 62). The use of force continuum can be broken down to six levels that are designed in an elastic manner in the context of the need for using force given that situations keep on changing. For example, a situation may require that the level of force used bounce from level one to level two and back again in a matter of minutes or seconds. In regard to the use of force continuum, the first level includes the presence of a visible and uniformed police officer or a marked vehicle. This is usually seen as enough to stop or deter a crime. The presence of an officer here includes walking, running or standing. Also defined in the concept of presence is use of vehicle lights, speaker or a horn. In this context, the police officer is capable of stopping a crime without a word but rather through the use of gestures and body language. However, such gestures should be professional and non-threatening. The second level involves the combination of presence of an officer and the use of verbal communication to deter or stop a crime in progress. In essence, variation in voice can be used such as whispering, shouting or just normally to achieve the desired results. Officers are usually advised to start calmly in a firm but non-threatening manner. Words chosen and their intensity can be varied as deemed necessary and short commands can be used in dealing with serious situations. This level requires that a police officer be well trained in communication skills so as to be able to communicate effectively in any given situation. In essence, the use of verbal communication combined with the presence of the police officer can be able to deter or stop a crime without the need for physical force (Ian, 1998, p. 23). Level three involves the use of control holds and restraints where words and presence fails to apply. This requires the physical involvement of the police officer present in the situation. However, minimal force should be used including bare hands for guiding, restraining or holding the law breaker. Thus at this level, use of offensive moves such as punching should be avoided. The officer in question may make use of pain compliance holds where ordinary holds fail to control a suspect who is aggressive. On the other hand, the officer may make use of handcuffs where a suspect exhibits traits of aggression, where he or she poses a real threat of where such a suspect exhibits the possibility of fleeing. On the other hand, not all suspects require handcuffs and if the officer uses handcuffs, he is responsible for guiding such an individual to prevent him from falling or tripping. Great care should also be observed to avoid any bodily harm to the suspect such as positional asphyxiation. Training is therefore important to help police officers apply the necessary measures in situations that require use of control holds and restraints (Marie, 2001, p. 52). The forth level of use of force continuum involves the use of chemical agents to diffuse a crime. If the officer establishes that the suspect is threatening or violent, extreme but non violence measures can be used to control the suspect. This however is subject to the assumption that all other levels of force continuum have failed to be effective. In this regard, pepper splay or tear gas can be used to diffuse the situation. It is important to note here that proper care should be taken when using chemical agents to deter or stop a crime as such agents may cause death or severe reactions to suspects with allergic and other medical conditions. Moreover, they can cause the suspect to fall down a staircase or walk into traffic (Regina, 2001, p. 27). Level five involves measures aimed at temporary incapacitating the suspect in question. The assumption behind use of force in this level is that the circumstance was extreme, immediate and violent. The officer then can use empty hands or impact tools. In this regard, defensive and offensive moves are allowed but must be applied properly and in the right circumstances. Temporary incapacitation is useful in preventing an injury in regard to the officer and other people involved in the situation. The officer may make use of baton blows on certain joints areas or on soft tissues or use of stun gun to incapacitate the suspect long enough to handcuff him or get more help. Care must however be taken while applying any measures as some of them such as neck compressions are very risky and poses a threat to the livelihood of the suspect.

Frameworks of Entrepreneurship

Frameworks of Entrepreneurship Introduction: In the minds of masses, entrepreneurs are placed as solo heroes who after putting a brave fight against all the odds of business world became successful. Traditionally, all theories touted entrepreneurship as an individual act but problems like scarcity of finances, inadequacy of skill set and competitive market forces gave way to a new era in entrepreneurship more commonly termed as Team Entrepreneurship. Objective: The concept and theoretical foundations in this field are still in the stage of infancy. This paper is an attempt to explore the concept of Team Entrepreneurship, trace the definitions and identify the conceptual framework on the basis of the researches done in the field. Findings: Diverse opinions regarding team-building mechanisms, composition and dynamics of the entrepreneurial teams have been observed from the literature. The study also identified the multiple facets in which the entrepreneurial team exists. A conceptual framework depicting the phenomenon of creation and operation of entrepreneurial teams have been developed. Conclusion: Team based entrepreneurial ventures have proved to be successful provided an effective organizational model is developed for its sustenance. Researches have shown a considerable success rate for team ventures especially undertaken at SME level. Global slowdown has significantly highlighted the importance of risk sharing in business ventures. Team entrepreneurship can be considered as the most viable and effective mode of venturing in the present and future scenario given its benefits of sharing of resources, skills, and above all financial risks. INTRODUCTION Management and its practices in the present era has experienced major paradigm shift and one of the most prominent shift is the change in the philosophy from individual excellence to team excellence. Team players rather than solo stars are what companies look for while recruiting people. Performance is judged more specifically on the criterion laid down for the team as a whole. An innovative project these days may not be the baby of a single individual but the soul child of a team. This swing jump from solo show to the band of performers can also be observed in the case of entrepreneurship. Since the seminal work of Birch (1979), many studies have focused on small firms (as their rate of growth can frequently appear more dramatic than that achieved by larger organizations). For a long time it has been a great myth that entrepreneurship implicitly describes the battle of a lonely hero against economic, governmental and social forces (Cooney Bygrave, 1997). Lot of research work could be found where entrepreneurs were identified as individual business founders(Gartner, 1985; Hofer Sandberg, 1986; Carland, Hoy, Boulton, Carland, 1984; Olson, 1987, but team entrepreneurship as an area of study is a more recent phenomenon (Ensley et al., 1999: Kamm et al., 1990). However, over the past 15 years, team entrepreneurship has received increased attention. Based on research conducted from the inside of a fast-growing firm, Alex Stewart shows that entrepreneurship is both collective, a team-based activity and individual, a leader-made creation. It is arguable that despite the romantic notion of the entrepreneur as a lone hero, the reality is that successful entrepreneurs either built teams about them or were part of a team throughout. For example, when one considers the success of Apple Computers, the name of Steven Jobs immediately springs to mind. However, while Jobs was the charismatic folk hero and visionary, it was Steve Wozniack who invented the first PC model and Mike Markkula who offered the business expertise and access to venture capital (Sculley and Byrne, 1988). DEFINING TEAM ENTREPRENEURSHIP In the early 90s scholars (eg Kamm et al 1990, MÃ ¼ller-BÃ ¶ling and Heil 1994) explored a very important but almost undiscovered field in the entrepreneurship research namely team entrepreneurship.The studies on team ventures are scarce, they often lack a theoretical background or fail to even provide a proper definition of the researched object. Due to this lack of research it has become a real tough proposition to get a comprehensive definition of team entrepreneurship. Some researchers argue that this lack of definition and theoretical framework leads to the contradictory and some times even confusing empirical results in the field of Team Entrepreneurship. Team entrepreneurship does not view the process of entrepreneurship as a preserve of the individuals rather it is seen as a capability and attitudes whereby individual skills are integrated into, group or team, becoming partners in the businesss future evolution.This collective capacity to innovate becomes something greater than the sum of its parts. Ensley, Carland, Carland (1998), combine elements from other definitions found in the literature and establish three conditions which identify an individual as member of an entrepreneurial team: they have either (1) jointly established a firm, (2) a financial interest in, or (3) a direct influence on the strategic alignment of the venture. The most frequently employed definition is that by Kamm et al. (1990), who suggested that an entrepreneurial group is two or more individuals who jointly establish a business in which they have equal financial interest. These individuals are present at the pre-start-up phase of the firm, before it actually begins making goods or services available to the market. However, two substantive elements of this definition are subject to disagreement: (1) the inclusion of the term equal financial interest, where a more open interpretation of financial interest is required instead, and (2) the focus on pre-start-up, because an individual could possibly become a team member at any point in the maturation of the firm. The definition should additionally concentrate on new venture creation rather than on team development within an established organization. An entrepreneurial team be defined as two or more individuals who have a significant financial interest and participate actively in the development of the enterprise. The purpose of significant financial interest is in recognition of the fact that only sporadically would all partners have equal financial interest. However, the question of what constitutes significant remains undefined and should only be considered within a specific context. The intent of the phrase participate actively was designed to eliminate sleeping or silent partners (i.e. those who invest capital but do not involve themselves beyond seeking a return on their investment). Moreover, the definition excludes venture capital firms, banks, and other investment institutions since it is only concerned with individuals. A final point of note to the definition is that it was with regard to the development of the enterprise. This acknowledges the dynamic nature of the enterprise and accedes to the prospect that team membe rs can join (or leave) at any stage of the maturation of the firm. Therefore, the definition is not restricted to pre-start-up but embraces the concept of entrepreneurial teams as fluid and evolutionary. Leon Shjeodt developed another comprehensive definition of entrepreneurial team as a team consisting of two or more persons who have an interest, both financial and otherwise, in and commitment to the ventures future and success; whose work is interdependent in the pursuit of common goals and venture success; who are accountable to the entrepreneurial team and for the venture; who are considered to be at the executive level with executive responsibility in the early phases of the venture, including founding and pre-start up; and who are seen as a social entity by themselves and by others. This definition again brought forward that such team are not necessarily created as pre-start-up rather can be formed at the later stages. Interdependence of the team members for venture performance and accountability are also incorporated alongwith the identity of entrepreneurial teams as a social entity. FORMATION AND COMPOSITION OF ENTREPRENEURIAL TEAMS Research has shown that teams start a significant number of new ventures, or a team is created within the first years of start up (Kamm, Shuman, Seeger, Nurick, 1990; Watson, Ponthieu, Critelli, 1995), the quality and composition of the team is a critical determinant of organizational performance (Glick, Miller, Huber, 1993; Hambrick, 1994). According to Cooper and Daily (1997), an entrepreneurial team is more than a group because it involves a shared commitment to the new venture, but they stop short of defining what shared commitment is. Katzenbach (1997) suggests that what must be shared is the accountability. Eisenhardt and Schoonhovens (1990) contribution in defining entrepreneurial team considered: a group of people holding full-time executive positions at the time of founding. Whereas Leon Schjeodt emphasised that it is not necessary to be in the pre-start up or founding phases of the venture to be a part of the entrepreneurial team. It is possible for a person to be considered a part of the entrepreneurial team if the person is brought into the venture in the early phases to help establish the venture. The composition of the entrepreneurial team refers to the collective characteristics of its members (e.g., Banter Jackson, 1989). Entrepreneurial teams are most effective if they balance their skills, knowledge, and abilities as Cooper and Daily (1997) suggest. Heterogeneity in the entrepreneurial teams composition is needed for the team to achieve a high level of effectiveness and venture performance. TMT functional heterogeneity increases the likelihood of strategic change (Lant, Milliken, Batra, 1992; Wiersema Bantel, 1992), increases strategic consensus (Knight et al., 1999), and enhances performance (Bunderson Sutcliffe, 2002), but it can also create cognitive and affective conflict (Amason, 1996; Kamm Nurick, 1993; Miller, Burke, Glick, 1998). Despite this conflict, research suggests that heterogeneous TMTs perform better because their ability to leverage multiple perspectives improves their decision making (e.g., Miller et al., 1998 Simons, Pelled, Smith, 1999). Demographic diversity does not play a very significant role in team formation and composition. Sanjib Chowdhury(2005) suggests that demographic diversity is not important for entrepreneurial team effectiveness, whereas the team process variables positively influence team effectiveness. He also identified that the diversity in terms of gender, age and functional background does not contribute to the team-level cognitive comprehensiveness and team commitment Another aspect of composition is time and its affect on the team. As mentioned earlier, it was found that effects of diversity, especially for demographic characteristics, within the entrepreneurial team decreased over time as the ET engaged in lengthy discussions and solved disagreements and complex problems (Glicket al., 1993; Harrison, Price, Bell, 1998) Two principles of team formation dominate the strategic management literature on teams, although most research concerns the upper echelons of established firms, rather than startups (Forbes et al., 2006).First, a rational process model of team formation emphasizes selecting members based on pragmatic instrumental criteria, such as complementary skills or work experiences. From this viewpoint, competency should shape team formation so that new ventures possess the capabilities needed to manage complexity and growth. Second, a social psychological model emphasizes the interpersonal fit between team members and the need for smoothly functioning group processes. Many scholars have pointed to the important role that social and emotional support play in affecting human behavior (Thoits, 1984). For example, positive social relations within a team can create a supportive context within which people are encouraged to undertake innovative actions. The two sets of principles are not mutually ex clusive. Within the constraints of interpersonal attraction, teams can still search instrumentally for members. Similarly, within the constraints of resource-based needs, teams can still choose people who are attractive. SUSTAINING TEAM ENTREPRENEURSHIP IN AN ORGANIZATIONAL ENVIRONMENT Setting up of an entrepreneurial venture jointly is one aspect but sustaining entrepreneurial groups poses a big challenge. When educated, skilled and dynamic individuals join hands for a venture in the entrepreneurial capacity then firms must assure that their organizational environment is closely matched to their heterogeneity of mental models (e.g.,diversity of ideas and entrepreneurial skills) at all levels, especially at upper-level management. However, an organization composed of individuals with very similar perceptions of the potential services from firms resources and the competitive environment is likely to have a truncated set of productive opportunities. In team entrepreneurship, the team can be as effective as the creative inputs provided by its members, which can expand and be enriched when members learn from each others diverse ideas, perceptions, and expectations. Also, with the inclusion of complementary skills in the team, the cooperative entrepreneurial team can ty pically overcome the limitations of its individual members (Barnard, 1938). An informal organization culture is required to encourage continuous resource learning through interactions in teams. Under conditions that inhibit creative thinking, entrepreneurial experimentation, and risk taking, human resources are likely to function substantially below their full entrepreneurial capacity. It is of utmost important that an environment be created to avoid stifling of creativity of individuals that mar many firms. Individuals must have freedom and opportunities in order to imagine different services of resources, to deploy individual entrepreneurial capital, to renew the firms unique productive opportunity set, and to mobilize invisible assets (Itami Roehl,1987). Individuals are not only allowed to think creatively, but are also encouraged to voice their creative ideas and visions about new product ideas and novel ways to utilize resources. An entrepreneurially stimulating environment provides individuals with resource flexibility and slack for calculative experimentation (Barry, 1991; Dobrev Barnett, 2005; Mosakowski, 1997), which helps mobilize the cognitive assets of the firm that are in the form of heterogeneous mental models. Resource learning and organizational learning involve taking risks, making mistakes, and experimenting with novel solutions and ideas. Pervasive fear of failure and punishment instilled in employees does not belong to entrepreneurial environments, as it can severely constrict risk- taking and resource learning (McGrath McMillan, 2000). Besides seeking creative thinking, effective entrepreneurship requires investments in ideas and rewarding entrepreneurial thinking and experimentation both at the individual level and at the team level. An effective allocation of inducements to encourage entrepreneurial efforts requires recognition of the diversity of individual needs, as some individuals are more interested in material benefits while others are more motivated by social benefits and entrepreneurial engagement. Furthermore, the element of time as a scarce resource (Mahoney, 2005; Mosakowski,1993) deserves special attention in entrepreneurship research because developing a productive opportunity set for the firm requires personal (tacit) knowledge of the firms material and human resources, which can only be developed over time as entrepreneurs interact and experiment with the firms bundle of resources. Importance of time management is also be attributed to the diverse mental inputs as the entrepreneurs need time and place to think and function together to produce synergistic cognitive outcomes. KEY ATTRIBUTES OF TEAM ENTREPRENEURSHIP Based upon the review of researches done on the definitional and compositional aspects of entrepreneurial teams some of the key factors of team entrepreneurship can be identified as follows: Entrepreneurship is no more a lone action. Team based approach is required to lead to fast growth. One of the major forces that led to the evolution of team entrepreneurship is the entry level barriers that confronted small firms. To overcome the restrictions imposed by large firms on entry, many Small and medium sized firms formed themselves into teams. A jointly established business by a group of individuals as well as any individual joining the firm at a later stage in the entrepreneurial capacity comes under the preview of team entrepreneurship. That would mean a team formed for new venture creation where all members will be founder member/ a person joining the founder team at a later stage/ teams formed within an enterprise for entrepreneurial ventures. Within an organisation, entrepreneurial teams may exist at different levels. Top management teams (TMT), corporate entrepreneurship, shop-floor entrepreneurship etc are such teams that are created within the organization for innovation and creativity. Entrepreneurial groups do not incorporate passive or sleeping members. Active participation in strategic, managerial and operational level is warranted. Only that individual can be considered as a member of entrepreneurial team who bears direct influence on strategic areas of the venture. Need for personal risk taking is reduced as team entrepreneurship marks sharing of financial interests. Sharing may or may not be equal but a significant financial interest in the venture is required by the individual to be a member of entrepreneurial team. Pooling of financial resources and sharing of financial risks are the key drivers for team ventures. A diverse skill set is available in an entrepreneurial team. Individual limitations are overcome and synergic effects can be observed very lucidly. The individual knowledge, capabilities and attributes get integrated into a team hence leading to success of the venture. Issues of group dynamics need to be addressed in team entrepreneurship. Issues related to control, ownership, role; responsibilities etc need to be handled at the very outset to avoid problems at later stage. Too many contributing minds can pose a problem as well. Diversity in terms of demography, culture, skill set, knowledge and experience etc at one hand may be the strength of the team but if not taken care of may lead to dysfunctional conflict among the teams. Informal social interaction, friendship, time for discussions, respect for individual opinion and team opinion being given the highest regard, creative environment are some of the factors that may keep the dysfunctional conflicts at bay and might be helpful in sustaining such teams. Innovation and creativity are the key ingredients of entrepreneurial teams. Innovative thinking and creativity in decision making will keep the individuals with entrepreneurial instincts bound in a team. Brain-storming of new ideas, creative methods of working and creating and innovation of new modes, techniques or project as team provide thrill for such individuals and may be may be instrumental in key the team together and performing. FORMS OF ENTREPRENEURIAL TEAMS The team phenomenon in entrepreneurship is visible in many forms , Johannisson has observed two different perspectives in identifying existence of group entrepreneurship First perspective regards teaming up of individuals as the way of initiating and organizing the entrepreneurial process and second perspective is group entrepreneurship as regards the outcome of entrepreneurial processes. Family Business: Family Businesses are operated by and for families with the intention of keeping the firm within the family after succession. Members of the family run their business collectively hence represent an image of group entrepreneurship. Partnership: Partnership refers to teaming up of individuals for venturing into some common business. In that context partnership gets associated with group entrepreneurship. Co-operatives: Cooperatives offer a formal structure with joint ownership and control and hence visibly represents the group entrepreneurship. TMT: Top management teams can either be the founder teams of new venture or teams created within an organization for leadership role. Virtual organisations: It is a mode of organizing where independent partner firms put in a joint effort to materialize the promises carried by the leading firms products to its customers. The challenge is to make the customer perceive the virtual organisation as a whole.(Johannisson 2002: 18). Extrapreneurship: For Daval (2002), it materializes by the development of a new entity by an employee when he leaves his firm, helped in taking this step by his former employer. Extrapreneurship is now more commonly adopted by a group of employees leaving their respective organisation and joining their skill set to start new venture Shop floor entrepreneurship: Shop floor entrepreneurship refers to the concept of self-organising groups and teams created for entrepreneurial purposes by employees at shop floor level. According to Johannisson (2002: 19), Sweden and other Scandinavian countries have a long tradition of self-organising in groups on the shop floor (in contrast to intrapreneurship that usually focuses middle-management). Corporate entrepreneurship: Johannisson (2002) seems to refer to intrapreneurship here (The intrapreneur, operating a quasi-independent venture within the corporation as an arena for entrepreneurship. Corporate Entrepreneurship (CE) is the process by which individuals inside organisations pursue opportunities without regard to the resources they currently control (Stevenson, Roberts, and Grousbeck, 1999) Intellectual Entrepreneurship Johannisson et al. (1999) have introduced the notion of intellectual entrepreneur to depict those people who mobilise their intellectual capabilities in an entrepreneurial career. Community entrepreneurship: Johannisson and Nilsson (1989) have introduced the notion of community entrepreneur to capture persons who use personal networking to mobilize internal as well as external resources to promote local venturing processes. FACTORS AFFECTING TEAM ENTREPRENEURSHIP To create a conceptual framework of team entrepreneurship on the basis of available inputs on entrepreneurial teams, the factors affecting such teams at different stages of team formation, composition and sustenance dynamics have been identified. Entrepreneurial teams can be formed either at prestart-up stage and/or at post start up stage .New ventures, partnership firms, extrapreneurship specifically fall under the category of pre-start-up teams, corporate entrepreneurship and shop floor entrepreneurship come under the category of post start-up teams and TMTs, family businesses, cooperatives, virtual organizations, intellectual entrepreneurship etc can either be forms as pre start up or post start up teams. Forms of entrepreneurial teams can also be viewed from the aspect of level of management at which such teams operates. For that purpose TMTs are formed at top level, corporate entrepreneurial teams at middle level and shop-floor teams at operational level. Regarding the team comp osition, issues as to why team is required and who can be the part of the team need to be addressed. As is obvious by now, the rationale behind creating a team rather than functioning solo is sharing of resources, skills, risk, knowledge etc an effective entrepreneurial team may be composed of individual with wide knowledge, skills and competencies. Such individuals must not be averse to risk and experimentation. Creativity and innovation should be the drivers of such individuals. Sustenance of such teams require a great deal of managing group dynamics. Diversity in demography and cultural may not be instrumental in enhancing performance but can be a deterrent if not handled well. Variable mental inputs and variable degree of creative and innovation instincts may also give rise to conflicts.Figure 1-1 tabulates all the factors affecting team entrepreneurship FACTORS AFFECTING TEAM ENTREPRENEURSHIP TEAM FORMATION* TEAM COMPOSITION TEAM DYNAMICS As per joining of team members: Resource-sharing Risk-sharing Complementary skill set Enriching knowledge and competency base Experience Experimentation Risk-seeking Innovation Creativity Social interaction Diversity in skills Diverse mental inputs Demographic heterogeneity Interpersonal relations Cultural diversity Time Diverse appetite of creativity Diverse cognitive needs Pre-start-up teams: New venture teams, Extrapreneurship, partnership family business, cooperatives, virtual organisations etc Post-start-up teams: TMTs, Corporate entrepreneurship, Shop-floor entrepreneurship, cooperatives, family business, virtual organisations etc As per levels of Management Strategic level: TMT Tactic level: corporate entrepreneurship Operational level: shop-floor entrepreneurship *forms of teams are not mutually exclusive CONCLUSION As again the notion of entrepreneurship being a solo act, several researchers have proved that the present is the era of teams. No person is equipped enough to build an empire all by himself. No conqueror has won the battle alone, no CEO can run a company without a team. Team based entrepreneurial ventures have proved to be successful provided an effective organizational model is developed for its sustenance. Researches have shown a considerable success rate for team ventures especially undertaken at SME level. Another notion of entrepreneurial team being the team of founder who start a new venture has also been proved lop-sided. Existence of entrepreneurial teams can be traced in various forms and at multiple levels. This paper was an attempt to bring together the knowledge created by many researchers but may suffer from many limitations. The studies considered for the review are not exhaustive and hence the findings may also not be exhaustive. A lot of further research need to be d one on the topic because team entrepreneurship is going to be the buzz-word for the future. Global slowdown has significantly highlighted the importance of risk sharing in business ventures. Team entrepreneurship can be considered as the most viable and effective mode of venturing in the present and future scenario given its benefits of sharing of resources, skills, and above all financial risks. *Assistant professor, GNIMT, Model Town Ludhiana

A Streetcar Name Desire Essay -- Character Analysis, Blanche Dubois

In life you meet various people from all walks of life. In Tennesse Williams play A Streetcar Name Desire, we peep into the characters lives as they have different types of relationships through- out the play. As we notice the characteristics of Man, Women, Society, Alchoholism, Violence, and Sexuality. The contrast amongst today population and things that happened so many years ago can be examined with depth and certainty. To begin with, Blanche Dubois is one of the fascinating characters of the play. One speculation for this is she has a smart way of constructing her so called perfect life seem like an illusion, and making an illusion seem like a perfect life. In scene (1) Blanche is bear comparison to an animal: â€Å"There is something about her uncertain manner, as well as her white clothes, that suggests a moth† (pg.15) Butterflies and moths begins life usually as a caterpillar and, later on turn into something appealing. Blanche pursuit to change, herself as well as , bounce back as a fascinating individual from her cocoon of deceitfulness. The difference between a moth and a butterfly is their way of life. Specifically butterflies are rapid in the day time and moths are active in the night time. The moth likes the dark particularly for feeding. Blanche destiny, to live in gloom symbolizes her ignorance. Blanche is entrap between the past and the present. This started, for the most part, w hen her husband a perverted young man, carry out a horrible death in the result of a suicide. Blanche mocked him with shame of his homosexual act. Remembering, blanche knows deep down in her heart that Allan was the only man she ever loved so dearly, above all blanche is estranged and frightened. Scene (6) Blanche husband death was just t... ...omething sub-human –something not quite the stage of humanity yet! Yes something ape-like about him, like one of those pictures†. Scene (4) †¦Stanley is measured up to an ape, when you think of an ape you see they are quarrelsome. Stanley is connected to the ape , as apes lives in the jungle, for that is their habitat. Therefore Stanley’s habitat is the Elysian Fields †¦which can be looked upon as jungle. In conclusion, what goes on in the dark must come to light an old tale would say. Light is the opposite of darkness and the opposite of one being ignorant. Stanley thinks of himself to be in the mix and tries to build up his knowledge, particularly when it comes to blanche past. Blanche and Stanley differences in attitudes towards their different worlds creates a jungle in which only they are comfortable on knowing how to get out of their complicated life.

How effective are backbench MPs? Essay

‘How effective are backbench MPs?’ 40 marks Backbench MPs are critical for UK democracy. They allow for high standard scrutiny of the government which holds them accountable for their actions to the people. They help in representing the electorate. However there are some circumstances in which backbench MPs have little control, for example an elective dictatorship or because of the UK party system which is enforced by party whips. Firstly back bench MPs are a good way of promoting presentation in terms of their constituency boundary as they have been voted in by their electorate and so therefore should have a sound understanding of what the people need and want. However the majority of MPs are white males between their 40s and 50s. Out of 650 House of Common MPs, only 147 of them are female, which is disproportionate to the number of females in the UK. Also less than 25% of MPs are from a multicultural background so it cannot be 100% representative. Secondly backbench MP s allow the current government to be made accountable to the electorate. Backbenchers can take part in scrutinising opposition, or even their own parties, during events such as the Prime Minister’s Question Time, where, for an allocated time, the PM is asked questions concerning anything. Select committees can also be used to scrutinise. For example the head of the Public Bills committee is always headed by a member of the opposition, currently Margaret Hodge. This is to ensure that they are effective and non-corrupted. Although MPs have the power to dissolve the current government, through a vote of no confidence (last one in 1979), MPs that standalone against their party by having controversial or independent thoughts on an issue, then they are brought into line by party whips which could result in having an MP who does not represent you adequately. It shows that MPs achieve more together. Due to first past the post leading to majority governments, except for 2010 general election, it is very difficult to oppose bills, this led to something Lord Hailsham coined as ‘elective dictatorship’ meaning that when a government has a majority in the House of Commons, it can pass bills with minimal opposition for its entire term in office. This was the case for Labour in 1997 when they won a landslide majority of 418 seats in the House of Commons. Another reason why backbenchers are effective is through their use of debates, as it allows them to express their opinion and show their constituency, as well as their party where they stand on certain issues,  like the EU, for example. However there are limits to their effectiveness. Debates have to be requested, and the chances are that the current government will only pick topics that they feel comfortable discussing or ones that won’t embarrass them too much. This means that controversial issues everyone would want to know about may not be discussed, for example the Iraq war. Backbench MPs also have a lot less media coverage than high profile, frontbenchers. This allows the frontbenchers to make their views more known and make them a more of a familiar face during current issues. An example of this would be having frontbenchers on the BBC question time every Thursday. However backbenchers are still members of parliament, and because parliament is sovereign and the supreme law making authority, they are less pressured to ‘tow the party line’ and therefore can stand more for their constituencies than the party they represent. To conclude, although MPs have a lot of constraints on their power and what they can do, through scrutiny and select committees, there are still opportunities in which backbenchers can become a lot more effective. Whether this is through fully representing their electorate, to embracing new technologies an d using social media to communicate with their public.

Simple Linear Regression Model

This article considers the relationship between two variables in two ways: (1) by using regression analysis and (2) by computing the correlation coefficient. By using the regression model, we can evaluate the magnitude of change in one variable due to a certain change in another variable. For example, an economist can estimate the amount of change in food expenditure due to a certain change in the income of a household by using the regression model.A sociologist may want to estimate the increase in the crime rate due to a particular increase in the unemployment rate. Besides answering these questions, a regression model also helps predict the value of one variable for a given value of another variable. For example, by using the regression line, we can predict the (approximate) food expenditure of a household with a given income. The correlation coefficient, on the other hand, simply tells us how strongly two variables are related.It does not provide any information about the size of the change in one variable as a result of a certain change in the other variable. Let us return to the example of an economist investigating the relationship between food expenditure and income. What factors or variables does a household consider when deciding how much money it should spend on food every week or every month? Certainly, income of the household is one factor. However, many other variables also affect food expenditure.For instance, the assets owned by the household, the size of the household, the preferences and tastes of household members, and any special dietary needs of household members are some of the variables that influence a household’s decision about food expenditure. These variables are called independent or explanatory variables because they all vary independently, and they explain the variation in food expenditures among different households. In other words, these variables explain why different households spend different amounts of money on food.Foo d expenditure is called the dependent variable because it depends on the independent variables. Studying the effect of two or more independent variables on a dependent variable using regression analysis is called multiple regressions. However, if we choose only one (usually the most important) independent variable and study the effect of that single variable on a dependent variable, it is called a simple regression. Thus, a simple regression includes only two variables: one independent and one dependent. Note that whether it is a simple or a multiple regression analysis, it always includes one and only one dependent variable.It is the number of independent variables that changes in simple and multiple regressions. The relationship between 2 variables in a regression analysis is expressed by a mathematical equation called a regression equation or model. A regression equation, when plotted, may assume one of many possible shapes, including a straight line. A regression equation that g ives a straight-line relationship between two variables is called a linear regression model; otherwise, the model is called a nonlinear regression model. Simple Linear Regression Model This article considers the relationship between two variables in two ways: (1) by using regression analysis and (2) by computing the correlation coefficient. By using the regression model, we can evaluate the magnitude of change in one variable due to a certain change in another variable. For example, an economist can estimate the amount of change in food expenditure due to a certain change in the income of a household by using the regression model.A sociologist may want to estimate the increase in the crime rate due to a particular increase in the unemployment rate. Besides answering these questions, a regression model also helps predict the value of one variable for a given value of another variable. For example, by using the regression line, we can predict the (approximate) food expenditure of a household with a given income. The correlation coefficient, on the other hand, simply tells us how strongly two variables are related.It does not provide any information about the size of the change in one variable as a result of a certain change in the other variable. Let us return to the example of an economist investigating the relationship between food expenditure and income. What factors or variables does a household consider when deciding how much money it should spend on food every week or every month? Certainly, income of the household is one factor. However, many other variables also affect food expenditure.For instance, the assets owned by the household, the size of the household, the preferences and tastes of household members, and any special dietary needs of household members are some of the variables that influence a household’s decision about food expenditure. These variables are called independent or explanatory variables because they all vary independently, and they explain the variation in food expenditures among different households. In other words, these variables explain why different households spend different amounts of money on food.Foo d expenditure is called the dependent variable because it depends on the independent variables. Studying the effect of two or more independent variables on a dependent variable using regression analysis is called multiple regressions. However, if we choose only one (usually the most important) independent variable and study the effect of that single variable on a dependent variable, it is called a simple regression. Thus, a simple regression includes only two variables: one independent and one dependent. Note that whether it is a simple or a multiple regression analysis, it always includes one and only one dependent variable.It is the number of independent variables that changes in simple and multiple regressions. The relationship between 2 variables in a regression analysis is expressed by a mathematical equation called a regression equation or model. A regression equation, when plotted, may assume one of many possible shapes, including a straight line. A regression equation that g ives a straight-line relationship between two variables is called a linear regression model; otherwise, the model is called a nonlinear regression model.