Thursday, October 31, 2019

Econometric Project Essay Example | Topics and Well Written Essays - 2000 words

Econometric Project - Essay Example will use in-depth statistical analysis processes to create models relating the different observations, particularly that between gross weekly earnings (grmain1) and other observations such as age, sex, race, years of education and number of years in employment, among others. Correlation analysis will also be used to investigate the strength of the relationship observed between the dependent variable (gross weekly earnings) and other independent variables. A residual plot will be used to confirm the presence or absence of outliers, the plot will also indicate whether there were any particular areas where the model greatly under or over-predicted the relationship between unemployed persons and persons seeking employment. From the results, it is observed that othe sample consists of 7227 respondents. The mean income is obtained as 10.3 and this corresponds to an income category of  £300-350 per week. The standard deviation is obtained as 4.5 and this corresponds to an income category of  £100-125 per week. This implies that on average, the respondents’ salaries differ from the average earning by this amount. The STATA output shown indicates that the greatest proportion of respondents (20.23%) earn over  £600 per week followed by those that earn  £300 - 350 and  £250-300 with 9.5% and 9.2% respectively. Apart from persosn that do not earn anything, the income category of  £50-75 has the least number of respondents. It is observed that out of the 7227 respondents, 47% were male while the remaining 53% were female. These percentages correspond to 3398 and 3829 persons respectively. Observing these percentages, it is seen that both sexes made up approximately 50% of the sample. Further analysis of the data on sex in later sections of the paper will give further findings. The greatest proportion of respondents have â€Å"white british† ethnicity followed by â€Å"any other white background†. The two ethnicities account for almost 95% of all persons surveyed. This

Tuesday, October 29, 2019

Final Hypothesis of Exercise and Weight Essay Example | Topics and Well Written Essays - 750 words

Final Hypothesis of Exercise and Weight - Essay Example Past studies indicates that when one is engaged in regular physical exercise then the weight is likely to be moderate. This is because of the increased metabolic reaction that improves the respiratory processes in the body and makes a lower weight individual to gain gradually to some limit and burn excess fats in a person with much weight to slim down to some moderate weight. This simply means that exercise and ideal weight are directly positively correlated. The choice of Exercise as the independent variable and weight as the dependent variable is based on the relative influence they have on each other regarding the physical health status in an individual through the weight measure of a person (Gedatus, 2001). These two variables have been realized to be the most appropriate towards the risk of obesity and other weight related disorders. The main assumptions regarding the relation ship between these two variables are explained below. There is a steady response of state of the heartb eat rate with changes in exercise workload. It is also worth to note that it is assumed that there is a linear relationship between rate of respiration, heartbeat rate and exercise workload. ... People who undertake less physical activities may undergo less respiratory processes whereas people who undertake more physical work undergo more respiratory processes. In other words, people who undertake less physical activities may gain more weight than others. In short, exercise workload, respiratory processes and obesity have direct links between each other. Obese people are at increased risk of respiratory symptoms, such as breathlessness, particularly during exercise, even if they have no obvious respiratory illness Obesity has a clear potential to have a direct effect on respiratory well-being, since it increases oxygen consumption and carbon dioxide production, while at the same time it stiffens the respiratory system and increases the mechanical work needed for breathing (Salome et al., 2009) Heartbeat rate depends not only to exercise workload but also to the age of the exerciser. In other words, heartbeat rates of a younger man during exercise will be more than the heartb eat rates of an older man who is experiencing the same exercise workload (See appendix 2 for more details). Moreover, heartbeat rate calculation formula for women and men are different. The maximum heartbeat rate of a woman can be calculated using the formula 226-age whereas that of a man will be 220-age (Heart Rate Chart, 2009). It is evident from the above formulas that heartbeat rates of women will be more than that of men during exercising. Measurement of heartbeat rates, before, after and during physical exercise will give a proper idea about the fitness level of a person. For normal persons, heartbeat rates return to normal state quickly after the exercise workload whereas for others it may not come back to the normal state quickly. Linear relationship between

Sunday, October 27, 2019

Aal Mir: Analysis of Fairtrade Policies

Aal Mir: Analysis of Fairtrade Policies Abstract: Aal Mir is one of the leading chocolate producers in the UAE. The companys marketing and logistics capabilities have proven to be exemplary for other companies. Aal Mir is one of those companies which have been undisputed for more than 30 years. Its fair trade policies attract a large number of customers towards it. The company has led to acceptance of chocolate as one of the primary snack in the region. The products produced by the company are quite popular in the region and it acts as a good source of income for the company. The people of UAE usually prefer products prepared within their country more than the products produced outside which serves to the benefit of the company and earns higher profit to the company. The company is very strict against child labor which reflects in its fair trade policies. The report prepared is a result of in depth analysis of the companys policies which are quite oriented towards fair trade of the company. The company has also played an important role in increasing awareness about some social causes. The project deals with analyzing the business of the company and its role in creating social awareness amongst the masses. The company is strictly against child labor and low wages of the employees which has resulted in a great increase in the goodwill of the company. The company has also been involved in meetings with the world health organization which is an indicator of the extent of social responsibility of the company. The various aspects of the policies of Aal Mir have been covered in the report. Children between the age of 10-15 years serve as the major part of the target population for the company and the company lays emphasis on children even in its fair trade policies. The affinity of the local people of UAE towards goods produced within the country also acts as a positive point for the company and works to the advantage of the company as has been seen in its year of establishment. The consumption of chocolate in the region has increased in the region by a growth rate of more than 10% annually over the last few years as a result of companys products and its policies. In fact the consumption of camel milk and biscuits has also gone up significantly over the last few years. The report has also emphasized on these growth factors as a result of the policies followed by the company since its establishment. Introduction: The term fair trade is referred to the concept of social justice along with continuing the business trades of a company in order to gain maximum profit from it. It was originally used in order to support social justice. In the concept of fair trade justice was defined as the strongest thought that arises through simple majority among people. The main aim of fair trade is to identify the relationship between various aspects of international trade identifying the reasons for putting constrained on the traded products. The objective of fair trade is to save the people in the region and the employees of the company from being exploited by the companies in order to maximize their profits. Aal Mir has been chosen as the company to study its fair trade policies because it has been operating business in UAE for the last thirty years and has not been a part of any controversy or dispute since it came into existence. The company has also shown good growth rate since its establishment in 1980 becoming the largest producer of chocolate in the country. The companys strategies and policies are a great combination which has led to higher profits and has also earned social goodwill for the company. The company has always served its social duties along with earning one of the highest profits in its area of trade and business. The company has been strictly against some of the social evils such as child labor and low wages of employees. Body of Report: Chocolate is the product chosen to study the fair trade policies of a company. Chocolate today has been selected as a fair trade product by fair trade organizations (Fair trade product). The organization chosen to study the fair trade policies is Aal Mir. Background of the company: Aal Mir trading company was established in Dubai in the year 1980 by two dynamic entrepreneurs who worked in partnership to make the company reach heights of success. The company was setup by Mr. Mir Motalleb Vakhshouri and Mr. Mohd. Hassan Baba Hassan and its business today is spread in varied fields and different areas of the market (Aalmir overview). Initially the company began with business focusing on the confectionery segment and then shifted to modern trade and distribution after analyzing the trend of the market and started importing food and non-food items to Dubai (Aalmir overview). Today Aal Mir Trading Co. LLC has a very impressive portfolio which consists of various brands that have been recognized internationally and enjoys the status of a leader in full fledged distribution in the region. Its logistics and marketing strategies have been appreciated over time and its marketing covers many areas of the market. (Aalmir overview) The company does import and export of all kinds of confectioneries, foods and beverages to countries like Iran, Iraq, Qatar, Kuwait, Oman ,India, Pakistan and some African countries. (Spread of Aal Mirs Business). The raw materials required for preparing chocolates are cocoa, oils and fats, improvers and adders, flavors and cereals. Cocoa serves as the main ingredient for the preparation of chocolate. The main producers of Cocoa are West African countries such as Ivory Coast and Ghana and the company also imports Cocoa from these countries which serve as a main raw material for the production of chocolate. (Areas where Cocoa is produced). The range of product sold by the company consists of biscuits, wafers, cakes, chewing gum, candies and toffees, foodstuffs like oil, coffee, rice etc, gift boxes, jellies, juice and drinks, lollipops, marsh mallows, pickles and canned food, toiletries and cleaning products and snacks. Such a wide range of products marketed by the company not only reduces the rescue factor but also has led to higher levels of income for the company and has led to independence of the company from any one product for its profit (Products produced by Aal Mir). Aal Mir is amongst the top trading companies and owns many subsidiaries either partially or totally in order to smoothen its work. Some of the subsidiaries owned by Aal Mir are Sweet Garden General Trading Co LLC, Aal Mir storing Co. LLC, Tania Packaging LLC, Hassani and Aal Mir Trading Co., Aal Mir Partners Trading Company and Shamim Trading Co. LLC. (Associate Companies) Sweet Garden General Trading Co is an independent company which executes the groups strategy of enhancing its market coverage. This subsidiary was established in the year 1989 and is currently working as an independent distribution company. The company is located in Dubai. (Associate Companies) Aal Mir Storing Co LLC mainly provides storing and logistics services to the companies associated with it and the company is mainly a holding of Aal Mir Trading Company and is presently functioning in Dubai. (Associate Companies) Tania is a label brand of Aal Mir Trading Company for its food products like rice and grocery items. Apart from being a label company the company also gives support services such as repackaging. The company s situated in Dubai (Associate Companies) Hassani Aal Mir Trading Co. is another associate of Aal Mir trading company situated in Abu Dhabi. This company works operates its business in the field of consumer products and branded confectionary. The company does its work with the support of companies like Sweet Garden General Trading Co. LLC and Aal Mir Trading Co. LLC and is situated in Abu Dhabi the capital of UAE. (Associate Companies) Al Mir Partners Trading Co. LLC is another associate of Aal Mir Trading Co. LLC that has been operating within the Sultanate of Oman and trades and distributes foodstuffs and confectionaries in the region of Oman. (Associate Companies) The trading of Basmati rice in the region is done by the company under the established brand name â€Å"Shamim† which is a brand established by the company. (Associate Companies) Fair Trade Policies of Aal Mir Trading Co. LLC: Fair trade policies not only benefit the people associated with the company and the common people of the country but also benefit the company by increasing the goodwill of the company. Fair trade policies aim at benefitting the people of the country who may be associated with the company as producers of raw materials, consumers or employees of the company. These policies result in creating goodwill for the company and also sometimes attract larger number of customers to the products of the company. These policies create a thought in the minds of the customers that the company that is performing the deeds for social causes and that is has a high probability to be keep the rights of its customers preserved and will not exploit or harm them and it also creates a sense of belongingness to the organization in the minds of the minds of the consumers. The company is strictly against child labor and has a view that children are not meant to be exploited for gaining profits. This can also be seen as a marketing strategy as the main market of the company is children below 15 years of age and by being strict on child labor the company wants to give a message to its customers that it really cares for them and is willing to do any possible attempt to stop any kind of evil done on them. Moreover on part of being a chocolate company it is important to take care of the hygiene and the conditions in which the product is manufactured as unhygienic products could lead to bad health and also lead to loss of customers and reputation to the company. The companys fair trade policies are also quite visible by its attempts to increase the general awareness about all its products to the consumers it also tells the consumers the value that they hold great importance for the company and facilitates them with a feeling that they are the most precious source of revenue for the company. This policy attracts a large number of consumers towards the company and makes them interested in buying the products of the company. The company is a firm believer of globalization and is taking every possible step to implement it. This shows companies respect for international trade and its respect for personnel internationally thus helping itself to grow globally. The global presence of the company is felt by analyzing the countries to which the company currently exports its products. This policy helps the company in building international goodwill of the company. The company is also against giving low wages to its employees and is a firm believer that a person should be paid for whatever he does for the company thus giving the employees a sense of accomplishment and motivates the employees to work with dedication for the company and company as the employees feel that the company belongs to them and any benefit to the company would lead to the personal benefit of the employee. Aal Mir Trading Co. is one of those few companies which have been able to remain undisputed over the span of more than 30 years which reflects its fair trade policies. The company has pioneered in getting rid of various social issues of the world and has been praised for its steps taken worldwide. The companys meetings with the world health organization act as a firm confirmation to the steps taken by the company in order to reduce social evils and exploitation of labor worldwide. Appendices: Opposition to child labor. Maintenance of Hygienic conditions during production. Attempts to Increase general awareness among the consumers. Respect for international trade and personnel. Opposition of low wages. Results of Policies implemented by Aal Mir Trading Company: As a result of the fair trade policies implemented by the company there are various figures that support its success. In the last few years the annual growth rate of chocolate consumption in the region has been around 10% which directly reflects the increase in profit of the company as it is the leading producer of chocolates in the region. Today more than 25% of the people in the region consider chocolate as a main snack which is far greater than the ratio of 2.5% which existed 15 years ago. The results are even visible in the biscuit industry which is one of the areas of business of the company has witnessed a growth of around 17% in the last few years. Is the company adapting to fair trade policies only as a marketing tool? The main motive behind any company is to earn maximum possible profit within the laws of the region in which they operate. The motive of Aal Mir Trading Co. is also to earn maximum profit from its business but the policies implemented by the company in order to gain this profit are quite noble and are based on social welfare. Although seeing from a point of view we may find that these policies are helping the company to gain higher profits but seeing the level at which the company is performing it is not a necessity for the company to work for social causes as the people already are aware of the brand and the products produced by the company. In its thirty years of working the company has been able to make a good reputation in the market and has made good profits over the last few years. In the initial stages of the working of the company it could be made out the company might have gained larger profits based on the basis of the policies that it had implemented and in the initial sta ges this could have been seen as a policy to take the people of the region into confidence but since the company is in existence for over 30 years the company today does not need to take the consumers into confidence as the company already has enough customers that are confident about the working of the company and have faith in the products of the company but at this stage the steps might be interpreted as a measure to maintain the goodwill of the company and keep the people assured of the policies of the company. Another important fact that must be kept in mind while analyzing this aspect is that in order to follow such fair trade policies the company still has to put in extra cost which might just go wasted as the company already has a huge customer base and activities of social good now has a minimal effect in increasing the customer base of the company. Hence on analyzing the trade policies it is found that although the company may be earning a higher profit based on response o f users on these policies but the credit of doing such activities must not be taken away from the company that is putting an effort for the community as the company is fulfilling its social requirements hence we can say that Aal Mirs adaptation to fair trade policies is not just a marketing policy but it is an attempt by the company to improve the society which in turn is giving higher profits to the company. Conclusion: After going through the policies of the company and the profits that it is earning and also after examining the impact of these policies on the company as well as the people of the region various conclusions can be made out which have been stated in this paragraph. The company has developed into a leading producer of chocolates as a result of its trade policies and has also earned the stature of an extremely ethical company that fulfills its social responsibilities. This sense of responsibility of the company towards the society is a result of the companys fair trade policies. The companys contributions have also been highly recognized by the society and even bigger organizations like the world health organization. The company has earned its spot at the top and is expected to stay there as the companys policies as well as quality and cost of products are bound to attract a large number of consumers towards the company. Hence it can be concluded from the above report that the good pol icies of the company that includes the fare trade policy have helped the company to establish a customer base and then its products and marketing strategies have helped it to affix the companys position at the top amongst all the companies of the region thus resulting in the current scenario where the company is at the top of the market and is still developing its position. Works Cited Aalmir overview. (n.d.). Retrieved 5 4, 2010, from http://www.aalmir.com/AboutUs.aspx?id=1 Areas where Cocoa is produced. (n.d.). Retrieved 5 4, 2010, from http://www.zawya.com/story.cfm/sidZAWYA20090203034717/UAE%20chocolate%20makers%20see%20red%20as%20cocoa%20prices%20soar Associate Companies. (n.d.). Retrieved 5 5, 2010, from http://www.aalmir.com/AboutUs.aspx?id=3 Fair trade definition. (n.d.). Retrieved 5 4, 2010, from http://www.fairtradecoffee.org/articles/ft-definition.shtml Fair trade product. (n.d.). Retrieved 5 4, 2010, from http://www.globalexchange.org/campaigns/fairtrade/cocoa/ Products produced by Aal Mir . (n.d.). Retrieved 5 4, 2010, from http://www.aalmir.com/Products.aspx?id=2000 Spread of Aal Mirs Business. (n.d.). Retrieved 5 4, 2010, from http://www.made-in-china.com/traderoom/ismaeili

Friday, October 25, 2019

John Brown :: essays research papers

How the Actions of Governor Wise and the State of Virginia in the Case of John Brown may be easily Justified.   Ã‚  Ã‚  Ã‚  Ã‚  After months of planning, John Brown and his twenty-one “soldiers'; marched into the strategically located town of Harpers Ferry with the goal of starting a slave revolt which would lead to the abolishment of the institution of slavery. Within hours Brown and his followers had taken several hostages, and gained control of the armory, the arsenal, and the engine house. The following days consisted of skirmishes with the towns people and the arrival of the United States Marines. After a brief confrontation the Marines easily captured Brown and his few surviving followers. On October 27 the trail of John Brown began. Only five days later the trial came to a rapid conclusion, with the jury finding Brown guilty on all charges. Two days later Brown was sentenced to death. His execution followed precisely one month later, on December 2nd. Clearly, Governor Wise and the state of Virginia acted justly and fairly when they tried John Brown and executed him for his dee ds at Harpers Ferry.   Ã‚  Ã‚  Ã‚  Ã‚  John Brown was born on May 9, 1800 in Torrington Connecticut. When he was about five years old, his father moved the family to Hudson Ohio. There, John was filled with the heavy anti-slavery sentiment that was present in that area. This, combined with personal observations of the maltreatment of blacks and the influence of Calvinism, started John Brown on his crusade to abolish slavery. While still living in Hudson he married Dianthe Lusk and began to raise a large family. To support his family he worked as a farmer, tanner, and surveyor. In 1849, John Brown moved with his second wife Mary Ann Day, and their seven children to North Elba. He planned to aid the free blacks living in Garrit Smith’s colony, dubbed “Timbucto';, adjust to the hardships of farming in the Adirondacks. After realizing the impossibility of this task, John left, and followed the abolitionist movement to Kansas where five of his sons were already stationed. Here in Kansas, Brown c ontinually struggled to become financially secure, but gained “a reputation as a ferocious opponent of slavery'; (John Brown’s Raid). This reputation was greatly enhanced when Brown and his sons led a brutal mission against the proslavery population, which resulted in five innocent proslavery settlers being mutilated and murdered. After staying in Kansas for a while longer, Brown returned to the North where he gave many speeches and fund raising meetings based on the abolishment of slavery.

Thursday, October 24, 2019

Comparison of the Rwanda Genocide with the Holocaust

Comparison of the Rwanda Genocide with the Holocaust The events of both Rwanda and the Holocaust were equally horrific parts of history that will never be forgotten. In the years of April and June of 1994, the Rwanda genocide occurred. The history behind this was the resentment of being inferior. When Belgium claimed Rwanda and surrounding areas for German East Africa in about 1924, there became tension between two tribes. The Belgiums favored the Tutsi (which were 12% of the population) and the Hutu (85% of population) grew angry for being considered inferior. This struggle waged on for sixty years and finally hit its peak. The catalyst of the genocide was when President Juvenal Habyarimana, the Rwandan leader and Hutu, was killed when his plane was shot down on April 6, 1994. The Hutus blamed the Tutsi for his death and with various other problems, the true battles began. When a Tutsi ruler took control, the Hutus were greatly angered. The Tutsis and their supporters were being slaughtered in anger and retribution. Most of Rwanda’s population took action in this event, spreading the genocide throughout the nation. About 800,000 people died in this tragedy. Though both events were in different time periods, the Rwanda genocide and the Holocaust are very similar to each other. Both were the killing of a specific group(s) of people. People in both genocides killed their friends and even family members, whether directly or indirectly. Hundreds of thousands and even millions of innocent people were sentenced to death just by a prejudice of others. Anyone or anything that was associated with Jews or Tutsis were completely decimated. Both groups tried to flee to safety, whether that was Sweden or Zaire. However, a difference in these two genocides is that the Jews were pulled into concentration camps, where they stayed, awaiting their deaths. In Rwanda, the Tutsis were killed outright and there was not a specific organization that led in these attacks. The genocides in both Germany and Rwanda were eventually stopped with the help of outside forces. The casualties in these events are still remembered and still have a great impact on the world. However, the casualties in Rwanda still climb over the years that have passed, but this is not part of the genocide because both Tutsis and Hutus were being killed by the opposite sides. The Holocaust and the Rwanda genocide are some of the darkest moments in history that have affected the world in ways that will never be forgotten.

Wednesday, October 23, 2019

My Three Passions

Through my life, I have done many deeds and experienced many different things. I have tried new hobbles, but the three major passions that have guided my life In a positive direction would have to be my love for baseball, my addiction to video games, and my obsession with math. These passions have changed me, and helped me become a better version of myself. I am proud of the person I am today because of this. Baseball has been of my life since I was 6, the second I caught my first ball I fell in love with the game.Even though I'm not particularly amazing at this sport, I have racticed almost every single day. This has led to me being a dedicated individual and a person who will persevere no matter what. Also baseball has increased my reflexes and timing so I feel much safer to live in this world because I am able to retaliate quickly and efficiently. Furthermore, throughout my Journey in baseball I have gotten more social, by meeting new people such as Joseph, one of my close friends , who has kept me right on track even through the rough times In life. Without getting Involved with baseball I wouldVe never met Joseph.Finally and most bviously baseball has kept me active all the time. In gym, I have been easily been able to keep up with exercises because this sport has already trained by body to be fit. Being fit has also helped me because it has gotten me more involved in sport extracurriculars, by giving me the ability to play other sports. Over all, baseball has been an important part of my life and has changed it. Video games have given me many skills that have improved me, such as a higher level of fine motor skills, greater social skills, temper control, and quick decision making skills.My favourite video ame is hands down â€Å"League of Legends†. League is a multiplayer online battle arena game. Basically, with teamwork, skill, experience, and knowledge, I play this game on a daily basis. With League, outstanding hand-eye coordination, fast trigge r fingers and quick reflexes are essential, and for this, my fine motor skills have been Improved. This compare with my passion for baseball, as League helps me become a better player in Baseball and vice versa. League has also added to my social skills. I often play League of Legends with a group of people, talking on Skype.My eambuilding skills, as with my leadership skills are stronger now, because of video games. Additionally, I meet new people all the time, League has a fan base of over 10 million people, so I interact with different people and make friends. For example, when I came to high school I quickly met people with a passion for this video game to, which has extended my list of contacts. Temper control is essential in League, because when you rage, you tend to do worse, which may lead to defeat. League has taught me to be cool, and not sweat over little things, and try harder the next time.Finally, League has given me a fast reaction time, and now I am able to make deci sions faster. This Is because of the declslons you must take, such as choosing to destroy all the turrets, or rushing the nexus. I am a netter tnlnK now, ana Its Decause 0T tnls partlcular v10eo game. 10 conclude, my passion for video games, it has given me skills that have improved my life, and the people around me. Math, as lame as it sounds, has given me the ability to exercise my brain, challenge myself, test my brain power and help keep me entertained during school.These factors have helped me become a knowledgeable person, and this has helped me learn many subjects. Exercising my brain through math is really efficient for me because I can keep challenging myself. The thrill and challenge math gives me is unbelievable, because when I challenge myself, I improve. I learned many ways to memorize and remember things, because math has taught me that through constant drilling I can thoroughly understand more subjects. For example, When I was memorizing champions and their abilities in my video games, I used the same techniques as I did when I was memorizing the times table.Ever since I first learned math in Kindergarten, I was taken with it. It was the subject that gave helped me the most, and the one I found most interesting. Math has given me vital learning tools, which I can use to succeed in anything. In conclusion, my passions in many ways have changed my life in a positive way. I have acquired skills and tool that I can use to become a better person, not only for myself but for the world around me. Many other hobbies of mine have changed me, but these, baseball, video games, and math have to be the ones that have positively affected me the most.

Tuesday, October 22, 2019

Carnival Major Aspect Of Trinidadian Culture Social Policy Essays

Carnival Major Aspect Of Trinidadian Culture Social Policy Essays Carnival Major Aspect Of Trinidadian Culture Social Policy Essay Carnival Major Aspect Of Trinidadian Culture Social Policy Essay What is civilization? Harmonizing to La Belle and Ward ( 1996 ) , a current definition of civilization encompasses the shared properties which delineate one group as separate from another ( p. 28 ) . A somewhat more specific definition for this really wide term comes from Frantz Fanon who says that a civilization is first and foremost the look of a state, its penchants, its tabu, and its theoretical accounts ( 2004, p.177 ) . From this point of view we will analyze Trinidadian civilization or more specifically the significance of Carnival, an built-in portion of Trinidadian civilization, as an spring of look which originated with the Gallic Roman Catholic nobility and subsequently was influenced by slaves and former slaves. We will besides analyze the function it plays in animating national pride and unifying the Trinidadian diaspora. Harmonizing to Mr. Walcott we have lost much of our historical bequest and it is from this loss and the attendant necessity for something to make full that nothingness that the invention of our civilization ( i.e. Caribbean civilization ) materialized ( Walcott, 1974, p. 6 ) . I disagree with Mr. Walcott on this point. I believe that a great trade of history was lost yes, whether it is because it was irrelevant as he says or non is in itself immaterial for the intent of this treatment. It is my sentiment that civilization was non merely an upwelling of ingeniousness due to big spreads in historical memory, but besides an merger of what historical heritage was left behind regardless of the fact that it was in rags. If we take Carnival as an stray portion of civilization, this point can be proven as we examine the beginnings of Carnival and see for ourselves that it began in Trinidad with a Gallic Roman Catholic tradition of the nobility ( Zavitz A ; Allahar, 2002 ) in the pre-emancip ation epoch as a last prelenten jubilation, which symbolized the forsaking of properness. It was transformed with the coming of emancipation from a jubilation in the signifier of cloaked balls, vocal, play and dance which indirectly, covertly and subversively confronted issues of societal limitations of category and race, since most wore masks, into a merger in the post-emancipation period of West African spiritual patterns and beliefs and the preexistent Gallic jubilation ( Nurse, 1999 ) . The initial jubilation of Carnival by the late freed slaves was in the signifier of re-enacting a scene that they had become wholly excessively familiar with and which they had named Cannes Brul A ; eacute ; es or firing cane ( Carnival ) . This is one case of creative activity such as that which Mr. Walcott speaks of, nevertheless we can clearly see that the entireness of the Carnival pattern, one time taken as a whole, contains old and new elements, old from both Gallic and African historical jubilations individually and new from the synthesis of new thoughts based on experiences and the commixture of two civilizations together, one forcibly oppressed for many old ages, and the other, populating in extravagancy relatively. Let us now take a expression at what Carnival is, what it symbolizes soon for the citizens of Trinidad and Tobago. Carnival as seen by the witness and masker alike is non viewed as anything inactive. It is a dynamic and unstable procedure ( Green, 2007, p. 206 ) . It is a vibrant, exuberant, triumphant, colorful show on the one manus of freedom from one s suppressions as passed down from the conceivers of this festival, in which fast-paced, up-tempo music urges revellers to leap and spiral in clip with the syncopes of the melodious soca music ( Green, 2007, pp. 207-208 ) . Feathers, beads, staffs, headbands, bright dramatic makeup, spangles, beads and all mode of glistening things British shilling and weave with the beat of the uninhibited who proudly bare their costumes and freshly fit organic structures for cameras and tourers likewise. Large music trucks patrol the streets with 1000s frolicing to the melody resounding from the monolithic talkers that take up the full truck-cab and face in all waies. This maddeningly dramatic show of peacock-like plumes, glister and lissome organic structures tittuping to the round, begins on Carnival Monday forenoon with JOuvert which means gap of the twenty-four hours and continues right through into LasLap on Tuesday dark until the shot of midnight ( Scher, 2002, p. 461 ) . This is the portion of Carnival that is marketed, packaged and sold to the multitudes every twelvemonth. The bundle includes the temptation of watching steel-bands vie for the rubric of title-holder in the Queen s Park Savannah, during Panorama, the most celebrated steelpan competition during the Carnival season. It is non to state that this is all that Carnival consists of, nevertheless when sing the diasporic civilization of exile Trinis, as they are called, and their posterities, these are the images that bring to life that hankering for the fatherland and have inspired stirrings in the psyche to return to Trinidad, merely to take part in this f estival of coloring material and unadulterated elation. The term diasporic mentioned refers to the scattering of a community off from its fatherland to more than one peripheral part, which remembers or has some cultural connexion to the fatherland and is non to the full acknowledged as a member of the current state ( Clifford, 1994, p. 304 ) . Although they may be exiles, during the Carnival season, many Trinis dependably return place to take portion in celebrations and can be heard talking d lingo of dey people even if with a little North American turn. As was stated by Clifford ( 1994 ) the linguistic communication of diaspora is progressively invoked by displaced peoples who feel a connexion with a anterior place ( p.310 ) . Many Caribbeans in New York, for illustration, have maintained a sense of connexion with their place islands, a distinguishable sense of cultural, and sometimes category, individuality that sets them apart from African Americans ( Clifford, 1994, p. 315 ) . The renewal of ties to the fatherland can besides be seen through the migration of the jubilation of Carnival to major metropoliss around the universe. This repossession can be accounted for by marginalisation and experiences of favoritism and exclusion ( Clifford, 1994, p. 311 ) . It is the manner that the diasporic outlook makes up for t he bad experiences ( Clifford, 1994 ) . It besides nevertheless speaks to the issue of patriotism. Exiles and their posterities must look to Trinidad for inventions in the Carnival humanistic disciplines ( Green, 2007, p. 213 ) speaks to the issue of national pride as good and the refusal to let the belittling of the accomplishments of the state. I digress here to discourse this issue of patriotism and national pride. Patriotism, harmonizing to Greenfeld ( 2006 ) refers to the set of thoughts and sentiments which form the conceptual model of national individuality ( p.69 ) . Four constructs that are cardinal to Greenfeld s theory that factor in here in our treatment are: equality, regard, self-respect and citizenship ( 2006. She says that the fact that one s national individuality is coupled with self-respect and dignity, due to the lift of citizens to the degree of rank in the state, guarantees one s investing in the community that constitutes the state. The self-respect imparted with experiencing like one belongs is what spurs national pride. The prestigiousness associated with that feeling of belonging encourages international competition. This construct speaks to the pride that Trinidadians experience, peculiarly at Carnival clip, perchance more so than at any other clip of the twelvemonth, on professing that, yes they come from the land of Carnival and pretty mas and what s more they know how to wine. It may good be that other islands craved the sense of pride that they saw in Trinidadians at some point since we are told that it is from Trinidad s Carnival that they take their inspiration, signifier, and construction ( Cohen, 2007, p. 898 ) . I do nt say we will of all time cognize if this acceptance of carnival stemmed from regional competition or from a different historical bequest. In support of this statement that Carnival has inspired national pride we look to Mr. Green, who talks about how these other carnivals derived from Trinidadian Carnival has instilled a certain thrust in Trinidadians to hold their originality and cultural invention recognized and their state acknowledged as the place of birth of the imitator Carnival that is now marketed in at least three major metropolitan centres internationally: Toronto, London and Brooklyn severally ( Green, 2007, pp. 210-213 ) . Even still, we find that the visitants still figure in the 1000s to Trinidad for Carnival each twelvemonth. Presently, most of those who come to Carnival are either expatriate Trinidadians or persons who are really familiar with some facet of the Carnival ( Green, 2007, p. 206 ) . But non-Trinidadians and posterities of Trinidadians populating abroad besides learn about the Carnival-like events inspired by Trinidad Carnival Caribana, Notting Hill, and West Indian-American Day among th em, in the three aforementioned major metropoliss severally ( Green, 2007, pp. 210-211 ) . We can see from the remarks made by the interviewee in Mr. Green s article, that national pride and the end point desire to seek the state s involvement in repossessing what is truly Trinidadian is spawned from the chance of stolen thoughts and the defeat at other states inadequate imitations of a typical cultural marker Peoples in advancing their ain Carnival based on Trinidad s Carnival, bury about Trinidad So we have got to look after our ain awards to re-establish ourselves And one time we do that, people will retrieve that this is the Mecca, this is where you come for the existent things that are rich and flavourful and tasty about Carnival ( interview, 13 August 1993 ) ( Green, 2007, p. 212 ) . We learn that unhappily, it is largely Trinidadian exiles and persons who have had some exposure to some facet of Carnival, who come to see each twelvemonth ( Green, 2007, p. 206 ) . It is still promoting from my point of view nevertheless to cognize that non-Trinidadians and posteri ties of Trinidadians populating abroad besides learn about Carnival-like events created by Trinidadians inspired by Trinidad Carnival Caribana, Notting Hill, and West Indian-American Day among them, in the three aforementioned major metropoliss severally ( Green, 2007, pp. 210-211 ) . Even if the name of the state is mentioned and people are able to see and capture some kernel of what Carnival is approximately, we neer know, it may transfuse in them the desire to come and see Trinidad 1themselves. Carnival is broken down into parts and must be expressed in such a mode that can be experienced by others in order for it to be brought to the educational forum and projected into the public sphere both nationally and internationally ( Green, 2007, p. 207 ) . It can be broken down into music, costumes, nutrient and so on. The terminal to this interrupting it down, when we consider sophistication of the state in itself of its ain tradition and festival, is cultural patriotism. Cultural patriotism as described by Mr. Green has as its purpose to instill among members of the state a sense of shared national civilization, one that is non distorted by outside cultural influence ( Green, 2007, p. 203 ) . Simply put, this has the ability to set the citizens of Trinidad and Tobago in a place of stemming its exposure to outside cultural forces because it has been educated on the importance of its ain. Globalization is inevitable, nevertheless, the inquiry that has to be posed is how much i s Trinidad willing to lose its civilization to other states? How has Carnival indirectly affected civilization negatively? It has opened the state up to the influences of monolithic inflows of tourers and the impact their civilization has on the uneducated public. Unfortunately though, as Derek Walcott so articulately expressed his feelings of dependance on America that can be easy transmitted to many an educated Trinidadian sing Carnival the more West Indian I become, the more I can accept my dependance on America non because America owes me a life from historical guilt, nor that it needs my presence, but because we portion this portion of the universe, and have shared it for centuries now ( La Belle A ; Ward, 1996, p. 3 ) . Again, the lone solution to avoiding exposure and to guaranting sustainability of the festival and the singularity of Trinidad s Carnival as opposed to what is being produced in the name of Carnival, is instruction. Now that Carnival has come to go through: national pride has been boosted, planetary consciousness of the festival has exploded and touristry has grown as an industry during that period of clip, the Carnival season. With increasing globalisation, Trinidad stands to lose out on a big per centum of income and besides the proper recognition, acknowledgment, and grasp for what it has contributed to the universe ( Green, 2007, p. 214 ) that could be earned through these festivals, these pseudo-carnivals initiated by members of the diaspora unifying to recapture the kernel of their fatherland in metropolitan hubs around the universe. The positive side of the coin is planetary acknowledgment for innovativeness and diverseness as a civilization. What will go of Carnival and Trinidadian national pride in the old ages to come? We will hold to wait and see. Mentions Carnival. ( n.d. ) . Retrieved November 23rd, 2009, from Trinidad and Tobago National Library and Information System Authority Web site: hypertext transfer protocol: //library2.nalis.gov.tt/Default.aspx? PageContentID=206 A ; tabid=161 Clifford, J. ( 1994 ) . Diasporas. Cultural Anthropology, 9 ( 3 ) , 302-338. Cohen, C. B. ( 2007 ) . Trinidad Carnival Today: Local Culture in a Global Context. Anthropological Quarterly, 80 ( 3 ) , 897-902. Fanon, F. ( 2004 ) . On National Culture. In F. Fanon, The Wretched of the Earth ( p. 177 ) . New York: Grove Press. Green, G. L. ( 2007 ) . Come to Life : Authenticity, Value, and the Carnival as Cultural Commodity in Trinidad and Tobago. Identites: Global Studies in Culture and Power, 14 ( 1/2 ) , 203-224. Greenfeld, L. ( 2006 ) . Patriotism and the Mind: Essaies on Modern Culture. Oneworld Publications. La Belle, T. J. , A ; Ward, C. R. ( 1996 ) . Cultural Studies and Multiculturalism. New York: State University of New York Press. Nurse, K. ( 1999 ) . Globalization and Trinidad Carnival: Diaspora, Hybridity and Identity in Global Culture. Cultural Studies, 13 ( 4 ) , 661-690. Scher, P. W. ( 2002 ) . Copyright Heritage: Preservation, Carnival and the State in Trinidad. Anthropological Quarterly, 75 ( 3 ) , 453-484. Walcott, D. ( 1974 ) . The Caribbean: Culture or Mimicry. Journal of Interamerican Studies and World Affairs, 16 ( 1 ) , 3-13. Zavitz, A. L. , A ; Allahar, A. L. ( 2002 ) . Racial Politics and Cultural Identity in Trinidad s Carnival. Identity: An International Journal of Theory and Research, 2 ( 2 ) , 125-145.

Monday, October 21, 2019

Encourage your students to learn with Pokémon Go

Encourage your students to learn with Pokà ©mon Go Tricking students into studying with Pokà ©mon Go Have you ever wondered that there can be many teaching ideas around the popular game Pokà ©mon Go? It sounds really strange. But just understand how the game works and find out why it is so popular among the students. So, why not bring some new teaching ideas into your own class? You can easily teach children some important things using Pokà ©mon Go and make everything understandable in such way. There are many beneficial ways that it can be adapted for learning. Let`s find out which learning opportunities this game can generate for your classroom. Develop student`s mapping skills Pokà ©mon Go app can help your students find out more about the area around their school and home. Just ask them to draw a detailed map with route and stops where they are going to collect virtual items. Study iconic spots in your state This game is a wonderful opportunity to learn about the geography of your state. Pokà ©mon goodies are usually placed at significant landmarks, so you can ask your students to find some interesting and relevant information about the history and culture of their chosen spots. Practice metric system Pokà ©mon Go measures distance in kilometers. Give your students a task to convert the hatching distances to miles. Discover the real-life animals As Pokà ©mon Go is played in the real world, it can help students find out more about the animal world in the area you live in. Ask your students to take photos of the real animals and then post them with the tag #PokeBlitz. You can also guide them to research endangered and common species. Let your student become a journalist You can easily cultivate the journalist`s curiosity of your students. Just visit some very popular places in your city in order to find other children who are fond of this game. Ask your pupils to interview other players about their interests and progress in Pokà ©mon Go.   Practice English Your students can enjoy playing Pokà ©mon Go and at the same time practice their English accomplishing various tasks. You can use the game introduction as the material for your reading class. You can ask your pupils to write a story about their experiences of playing. They should describe as many details as possible. Make mathematics interesting with Pokà ©mon Go Ask you students to estimate the amount of time they spent to catch a Pokà ©mon or calculate the probability of Pokà ©mon appearances. They can also calculate distances travelled and total for caught Pokà ©mon. This game is a great opportunity to practice data literacy skills. Use Pokà ©mon Go to explain theory Let your students predict their own evolutionary timeline for a Pokà ©mon. Explore the world around and explain the ecosystem in which Pokà ©mon live. Expand the technological knowledge of your students Explain your students how to stay safe while playing Pokà ©mon Go. Ask your pupils to develop their own soundtrack that could accompany the game using their favorite music program. They can also create an online database with all the important information on all Pokà ©mon characters. Use Pokà ©mon Go for creative writing classes Students can write a newspaper article about their adventures catching Pokà ©mon, a manual in which they can explain how to play, a diary to chronicle their experiences or create a comic strip about Pokà ©mon.

Sunday, October 20, 2019

Vile and Villain

Vile and Villain Vile and Villain Vile and Villain By Mark Nichol A recent reference to a certain Republican presidential candidate in which he was described as vile sent me to online etymological resources to look up the origin of the term. Interestingly, vile is unrelated to the similar-looking villain. Vile derives from the Latin term vilis, which means â€Å"base,† â€Å"cheap,† â€Å"common,† or â€Å"worthless.† Villain, on the other hand, originally had a neutral connotation: Although it also comes from Latin, its origin is the term villa, meaning â€Å"country house† or â€Å"farm† and still in use for the former meaning in English (from Italian). Villain originally meant â€Å"farmhand,† but from a pejorative reference to the low-born status of rustic farm laborers came to be associated with base behavior and by the early 1800s was associated with an antagonist in a novel or a play. In historical contexts, the variant spelling villein retains the original meaning. (The suffix -ville in the name of a town, and village, are related.) The Old English term ceorl, which survives in churl, also degenerated from a neutral term for a peasant (in this case, centuries earlier), as did the later word boor, derived from the French term bovier (literally, â€Å"herdsman,† and cognate with the Dutch word boer) and also much older in its negative sense than villain. The adjectives churlish and boorish both describe rude behavior; in each case, -ness is added to the adjective to produce the noun form. The verbs revile and vilify stem from vile; they mean, respectively â€Å"to consider with scorn† and â€Å"to slander.† (The noun forms are revilement and vilification.) However, servile and its noun form servility are related to neither vile nor villain; they derive from the Latin term servilis, meaning â€Å"of a slave.† Want to improve your English in five minutes a day? Get a subscription and start receiving our writing tips and exercises daily! Keep learning! Browse the Vocabulary category, check our popular posts, or choose a related post below:Program vs. ProgrammeDriver License vs. Driver’s License50 Musical Terms Used in Nonmusical Senses

Saturday, October 19, 2019

Coffin and Mummy of Paankhenamun Research Paper

Coffin and Mummy of Paankhenamun - Research Paper Example The illustration of the mummy of Paankhenamun is superb pieces of craft made by Egyptians artists during the period before Christ. It is avidly painted coffin of a deceased man named Paankhenamun, the gatekeeper of the temple of the Amun god. Therefore, the artwork reveals the way ancient Egyptians for ritualistic culmination functions and their beliefs of life after death. The mummy case is a wall piece of art resulting from the third, middle period, which is a decentralized period and fragmented end of the Egyptian bureaucracy. The artwork was done for a specific patron. The work was performed to reconstruct the cultural beliefs of the early Egyptians. Therefore, the artwork was meant for a certain person known as Paankhenamun who was the gatekeeper of the temple of the Amun god, thus his name meant that he lived for the Amun (Maria and Clarke 121). The art works is museum collection of artistic features placed in the institute or art, in Chicago. The artwork is a representation fo r the coffin for Paankhenamun; thus, the artwork provides a complex picture of mummification and the existence of the goddess of ancient Egyptians as indicated in figure 1. The case is significant because it reveals the way the ancient people view certain subjects. The ancient Egyptian culture believed that there was a life power, and the spirit existed inside the deceased. Therefore, they performed mummification as a ritual process of preserving the physical features of the deceased person in order to enable the body to dwell in the eternal life. The funeral psychology of the ancient Egyptian culture is that the death did not mean the end of life of an individual. However, it was an escape from the physical, human life and a gateway to everlasting being. Many ancient people believed that their life span was short; thus, they believed in life after death where they would be with their gods. Therefore, the mummification method enabled them to maintain the goddesses and royalty. The p reservation method was to enable the deceased to come back to life. Interestingly, the X-rays revealed that the case of the mummy of Paankhenamun contains mummy inside that dates from the 945 to715 B.C (Maria and Clarke 79). The function of the artwork of the mummy case was for ritualistic culmination functions. The coffin was used in the funeral feast and offering scene thus the decorative relief work of the coffin played significant roles to the ancient Egyptians. The entire decoration process of the coffin and the decorative features included in the surrounding walls reveals the celebration of life after death with his family members. The kinsmen delight in the soul nourishment and they give their sacrifices to the gods in favor of the departed. For instance, the inscription that cuts across the perimeter of the scene is significant. This is because it is an offering formula or way through, which the Egyptians perform the funerary feast in different ways. Moreover, the painted sc ene plays a significant role of primarily prayer representation. When focusing on the paintings, one will encounter various inscription represented on the offering table and scattered all over the room. The top of the table has slices of bread on top of it is a monumental leg of an ox (James, Mancoff, Kozitka, and Steinmann 122). There are bottles of beer on the side of the table and some geese; thus, they all represent the funeral offerings meant to appease the

Friday, October 18, 2019

Personal statement to Solar Energy Engineering Masters application Essay

Personal statement to Solar Energy Engineering Masters application - Essay Example One of the reasons I want to pursue a master’s degree in engineering is because I want to become a full time professor in the future. The fact that bilingual (English / Spanish) is a great attribute to have as an educator. In 2005 I moved to Boston and started working in the field of sales engineering of different instrumentation companies while at the same time teaching part time at Wentworth Institute of Technology. One of the best learning experiences about my sales job was the opportunity to different parts of Latin America and visit factories and rural places. I am interested in the Umass Lowell’s Master of Science Degree Program in Energy Engineering because of my interest in solar energy. I read about the different projects in place such as the Peru Project and would like to eventually implement something similar in Mexican communities and other Latin American communities where there is no electricity, telephone service, and untreated drinking water.

Discuss Tennessees labor laws and how these laws impact employers and Research Paper

Discuss Tennessees labor laws and how these laws impact employers and employees - Research Paper Example Since then no major changes took place in the current labor laws (Gould 47). The labor laws of the United States of America are mixture of federal and state laws. The labor laws of the US extend limited rights to the employees of federal government. The laws in vogue safeguard the interest of employees irrespective of federal or state laws and regulations. It provides protection to the employees of federal and state against any discrimination based on race, gender, cast, creed and age (Gould 62). The Lawful Employment Act came into being on 1st Jan, 2012 ensuring that all employers hired employees in Tennessee through rigorous selection process and strictly in accordance with the legal parameters (Tennessee: Wage and Hour Laws). Under the mentioned act, employees may take up the matter with the concerned authority for removing the work place employment discrimination and receiving unemployment compensation since it falls under the employment law. Further, employers are responsible to maintain safety and security standards work premises, ensuring fair wages, pre retirement and post retirement benefits etc., being part of legally provided rights (Tennessee: Wage and Hour Laws). Cited laws deal with the employer, employee’s action, legally entrusted rights and responsibilities. The laws in question could be a useful instrumental in maintaining cordial relationship between the employee and the employer (Tennessee: Wage and Hour Laws). Employers Tennessee laws are not bound to provide vacation benefits to the employees. However, if it is a part of approved policy of the employer or part of employment contract, it shall be honored. In approved policy of an employer permits accrued vacation pay to its employees, the company has to fulfill its commitment. An employer may offer its employees utilization of accumulated leave within the

CITIZENSHIP ANALYSIS OF UNEMPLOYMENT LEVELS IN UK, EUROPE, AND THE Essay

CITIZENSHIP ANALYSIS OF UNEMPLOYMENT LEVELS IN UK, EUROPE, AND THE WORLD - Essay Example e first time (4.1 per cent in Wales, 4.7 per cent in the U.K).4 Manufacturing plays a more prominent role in the Welsh economy than it does in the U.K economy as a whole; it accounts for 27.8 per cent of Welsh GDP compared to 20.8 per cent of U.K GDP.5 Secretary of State for Wales, Peter Hain said on 22nd March 2006: â€Å"There are 118,000 more people in jobs in Wales since 1997; the unemployment level is almost 40 per cent lower than in 1997; and the 34 per cent growth in exports between 1999 and 2005 has outperformed the U.K average of 25.6 per cent.†6 Comparative unemployment levels in Europe and the World Western Europe: The Welsh unemployment rate of 4.1 was lower only to Switzerland’s 3.8. Next came Norway and Ireland, both 4.2, followed by U.K 4.7, Luxembourg 4.9, Denmark 5.5, Sweden 6, the Netherlands 6.5, and Portugal 7.3. Italy and Finland both 7.9, Belgium 8.4, France 10, Spain 10.1, Greece 10.8 and Germany 11.6. Real Wage Unemployment (labour market fails to respond to demand): Governments combat it by reducing trade union powers, increasing companies’ abilities to change wages, and encouraging short- term contracts. Frictional Unemployment (ncomplete information in the labour market): Governments increasing knowledge of vacancies through ‘job centres’, and increasing the incentive to search for jobs (e.g. by reducing unemployment benefits; lowering taxes on wages). Geographical unemployment (inability of people to relocate from areas of low demand for labour to areas of high demand): Governments provide regional incentives for new businesses to locate in high unemployment areas, and reduce barriers to free movement of workers. Structural unemployment (inability of workers to change the kind of job they do {e.g. from IT to engineering}): Governments by provide incentives to retrain, and reduce geographical immobility (facilitating workers movement to areas where their skills are in high demand).9 In the United Kingdom during the

Thursday, October 17, 2019

The Split Capital Investment Trust Crisis Essay

The Split Capital Investment Trust Crisis - Essay Example The objective in this differentiation in the financial products is to make available risk, income and tax preference options based on the required of potential investors. These offerings are designed such that they can be wound up at a future date normally extending to seven or ten years (Adams, 2004). The norm in split investment trust companies was traditional splits consisting of income shares and capital shares and quasi splits that had an added zero-dividend preference shares. Income shares had a low risk and high income and were a suitable investment for elderly people, while capital shares offered high income with an element of risk involved. The zero-dividend shares received no income and so attracted no income tax and had the added benefit of being paid off first at the time of liquidation of the trust. The high risk for the capital shares came from their being the last in terms of settlement at the time of the liquidation of trust (Adams, 2004). Spurred by the buoyant financial markets in the 1990s and the pursuit of fees by the fund management firms and their broker/advisors, who were invested with the day-to-day management of the investment trust products led to a the aggressive combination of the traditional splits and quasi-splits wherein all income shares, capital shares and zero-dividend preference were combined in what came to be known as the barbell trusts (Adams, 2004). Barbell trusts as their name suggests consist of a growth portfolio at one end and an income portfolio at the other and nothing in between. The problem in this was that the growth portfolio invariably was invested in an area of growth that was popularly attractive at that period of time and carried a high risk potential. The barbells were however high yielding securities and found an easy market with investors, who had gone used to high returns

Wednesday, October 16, 2019

Media Law Essay Example | Topics and Well Written Essays - 5000 words

Media Law - Essay Example Moreover, if a judge excludes evidence because its probative value is outweighed by its prejudicial effect, and that evidence is reported in the media, can the defendant have a fair trial? All indications are that balancing these competing rights in the UK appears to favour the right to a fair trial over the freedom of expression accorded the media.4 Essentially, there are strict rules and laws in the UK relative to the publicity of a trial and constraints on the media so as to preserve the integrity of trial process.5 Essentially, the UK attempts to ensure that all restrictions on media reporting is limited so as to preserve the integrity of the judicial process so that constraints on freedom of expression by the media are proportionate to the ends of justice.6 This paper examines the way in which the UK’s legislature and judiciary attempts to balance or more especially fails to balance the tensions that arise in the application of the principles embodied in both the right to a fair trial and freedom of expression via the media. ... The final part of this paper will provide an analysis of case studies demonstrative of why the law attempt to balance the right to a fair trial with the media’s right to freedom of expression. In the final analysis, the legal framework for balances these tensions are ultimately aimed at preventing a trial in the media and ensuring that the issue of guild and innocence is determined in the court room, free of media influence and/or manipulation. I. Overview of the Right to a Fair Trial and Freedom of Expression via the Media A. Freedom of Expression By virtue of the UK’s Human Rights Act 1988, the European Convention on Human Rights (ECHR) was implemented and came into force in 2000.7 Although Article 10(1) of ECHR provides for freedom of expression, Article 10(2) goes on to ensure that freedom of expression is no an absolute right. Specifically, Article 10(2) cautions that freedom of expression â€Å"carries with it other duties and responsibilities† and therefor e: May be subject to such formalities, conditions, restrictions or penalties as are prescribed by law and are necessary in a democratic society, in the interests of national security, territorial integrity, or public safety, for the prevention of disorder or crime, for the protection of health or morals, for the protection of the reputation or rights of others, for preventing the disclosure of information received in confidence, or for maintaining the authority and impartiality of the judiciary.8 Maintaining the authority and impartiality of the judiciary can be seen as the most important constraint on the freedom of expression in the context of the right to a fair trial. This is especially so in

The Split Capital Investment Trust Crisis Essay

The Split Capital Investment Trust Crisis - Essay Example The objective in this differentiation in the financial products is to make available risk, income and tax preference options based on the required of potential investors. These offerings are designed such that they can be wound up at a future date normally extending to seven or ten years (Adams, 2004). The norm in split investment trust companies was traditional splits consisting of income shares and capital shares and quasi splits that had an added zero-dividend preference shares. Income shares had a low risk and high income and were a suitable investment for elderly people, while capital shares offered high income with an element of risk involved. The zero-dividend shares received no income and so attracted no income tax and had the added benefit of being paid off first at the time of liquidation of the trust. The high risk for the capital shares came from their being the last in terms of settlement at the time of the liquidation of trust (Adams, 2004). Spurred by the buoyant financial markets in the 1990s and the pursuit of fees by the fund management firms and their broker/advisors, who were invested with the day-to-day management of the investment trust products led to a the aggressive combination of the traditional splits and quasi-splits wherein all income shares, capital shares and zero-dividend preference were combined in what came to be known as the barbell trusts (Adams, 2004). Barbell trusts as their name suggests consist of a growth portfolio at one end and an income portfolio at the other and nothing in between. The problem in this was that the growth portfolio invariably was invested in an area of growth that was popularly attractive at that period of time and carried a high risk potential. The barbells were however high yielding securities and found an easy market with investors, who had gone used to high returns

Tuesday, October 15, 2019

Indian Middle Class And Shopping Essay Example for Free

Indian Middle Class And Shopping Essay For the current generation of consumers, the meaning of shopping has changed. It is not just a mere necessity, as it was earlier, but much more than that. The factors that affect store choice and draw customers to the shopping centre include space, ambience, and convenience and moreover an array of choice under one roof. The growth of integrated shopping malls, retail chains and multi-brand outlets is evidence of consumer behaviour being favourable to the growing organized segment of the business. Space, ambience and convenience are beginning to play an important role in drawing customers. Malls, which are now anchored by large outlets such as Westside and Lifestyle and are resided by a lot of Indian and international brands, are also being seen as image benchmarks for communities. Today retailing in India is done through a vast number of unorganized retailers with over 12 million retails outlets spread across the country in various sizes and formats. India has the largest retail density with 9 stores available for every 1000 people. The Indian retail industry is providing 8% of the countries employment with its vast distribution of retail stores across the country. The retailing in India is undergoing a gradual change as market conditions and technological developments combined with affluent, highly mobile and time starved consumers are playing an important role in the changes happening in the retail sector in India. Marketplaces in urban demographic settings attract large number of buyers and sellers, which can be termed as market thickness. Co-existence of many shopping malls along with traditional markets in a marketplace causes market congestion. The co-existence of street markets and the rise of shopping malls have been major trends of retailing in developing countries for decades. However, the increasing emphasis on growing cities with contemporary marketplaces have induced shift of agglomeration format (AF) from a marketing perspective, including the consumer preferences on routes to market. There are some generic similarities and conceptual differences between street markets and shopping malls. The AF-specific characteristics perceived by consumers lead to the change in consumer behavior towards markets preferences for shopping. In centrally managed and enclosed shopping centers in the retailing sector, eight underlying factors of varying character that drive customer satisfaction are selection of market outlet, atmosphere, convenience, sales people, refreshments, location, promotional activities and merchandising policy. FACTORS THAT AFFECT / INFLUENCE CONSUMERS BEHAVIOUR TO BUY IN MALLS. A person is likely to be influenced in making his/ her purchase decisions if he/ she is accompanied by another individual while making a shopping trip. There are many factors that play a vital role in consumers â€Å"decision making†. Some of the prominent among the factors are the image of the store, risk associated with the consumers in purchasing the product and the price perception of consumers on the store or about the product category. Store image contain by many elements like the stores opening and closing time, the availability. The risk factor plays an important role in making the decisions for the product that are new or untried by the consumers so far. Perceived risk is the expected negative utility associated with the purchase of a particular brand.

Monday, October 14, 2019

Creativity And Its Importance Commerce Essay

Creativity And Its Importance Commerce Essay According to the oxford dictionary of the English language creativity is the use of imagination or original ideas to create something and innovation is the action or process of making changes in something established, especially by introducing new methods, ideas, or products. However creativity and innovation are so much more; they are the cornerstones of our economy, the foundations of our modern society and high quality of living, what gives meaning and purpose to our existence. Creativity is a unique characteristic of the human race. Of all the creatures roaming this planet, only humans have the ability of abstract thinking and creativity. Our history is the history of human creativity and innovations. From the first steps that Homo sapiens took on Europe, the weapons they created to hunt for food and fend off dangers, to the pendants that they crafted to indicate statues and the amazing petroglyphs found in France (Vallà ©e des Merveilles), Greece (Irakleia Cyclades), Italy (Bagnolo stele) and Spain (Galicia). Creativity and innovation are what created the pyramids in Egypt, Stonehenge in the UK and the megalithic monuments in Marta. Innovation is what armed the Greeks in Thermopylae and gave them a tactical advantage against an army ten times their own, and again in Salamis and Plataea. Creativity is what build the Parthenon and guided the arm of Phidias to sculpt some of the most important everlasting sculptures this world has ever seen. Then the Maced onians and other Greeks of Alexander the Great started spreading on most of the known world, and after them the romans and the mighty legions established the first superpower and Rome as the first mega city and all these started from few creative people that envisioned and created new ideas, new technologies and methods, new innovations (Association, 2008). Innovations, that paved the way, after hundreds of years of darkness, the dark ages, for the Renaissance and the age of Creativity; Michelangelo, Rafael, the great Leonardo Da Vinci as well as Copernicus, Galileo Galilei and Gutenberg. The human races intellectual revolution, all based on creativity and innovations. Our modern age starts with the industrial revolution that took place in the UK in 1750. Few very creative very innovative people started shaping the world to what it is now. Brunel, Watt and Maudslay; their dreams and creations can still be seen in the city we live in. The British Empire and the establishment of the first form of international trade and together with it the first multinational corporations like the Dutch East India Company that helped create the first global economic ideas and theories, as theses were described by Adam Smith in his book An Inquiry into the Nature and Causes of the Wealth of Nations (1776). And then to the 19th century of the two world wars, but also of Dali, Picasso, Matisse and Einstein, Plank, Bohr and Heisenberg. Our history, the human existence on this planet, is a hymn to creativity, innovation and survival (Association, 2008). Creativity plays a very important role in the improvement of our society and of our living standard. New innovations make our lives easier, allow us to do things that we could not do before, as well as create workplaces and bust the economy (Bennett, 2006). Everywhere we look creativity and innovations is there; from an art gallery displaying Van Goghs masterpieces, to our mobile phones that provide us with information and functionality that previous generations could only dream of, to the way we shop using the internet and the new digital economy we live it. I, and the majority of people in the western world, can, from the comfort of my home, stream my favour movie and watch it on my smart TV any time I want, order a pizza online by using my mobile and at the same time keep an eye on the FTSE 250, live from New York. Actually digital and mobile applications and devices can do more, a lot more. They help people with diabetic monitor their disease, they guide millions of motorists, wi th the use of GPS, to their destinations, they connect the entire world, as well as help me, and thousands of students, find the information I want in order to write this assignment. Innovations and creativity in the medical field help people live longer, healthier lives, cure diseases that once thought to be incurable, and provide comfort and hope to all. Even things we now have come to consider small, trivial, every-day, like running water, public transportation or the post we receive every morning, were the inspirations and work for people, and are very important in rising our quality of life. Can anyone in the western world even consider every-day life without running water or even without the weather forecast? I think not. Our modern society, has recognised the importance of creativity and continuous innovation, and improvement, and has adapted both its educational and business systems to encourage it, incubate it and reword it (Burleson, 2005). Schools promote creativity and some even go as far as trying to teach pupils how to be creative. However, creativity is not something you can force on someone. Creativity is the result of a number of conditions that have to be met, with the primary being freedom. Freedom to speak, freedom to write, freedom to think and express yourself as you like, and freedom to choose what to do, what to create. Also, creativity is not the characteristic of an individual, no matter how intelligent, creative and innovative this individual is; it is a social characteristic; small ideas, in a free environment with no communication barriers, linking up, combining, to create a big great idea. It is not a coincidence that there are periods in human history that great minds come tog ether and lay the foundations, or start, industrial-scientific-intellectual-spiritual revolutions. The great Athenian philosophers of the 5th century BC, the great British engineers of the 1700s century, the great theoretical physicists of the beginning of the 19th century, and now the great digital minds of our era, are some of the examples that one can think. Creativity can be taught, however, as with all other aspects of the human mind and nature, creativity is a talent too. Some people have it and some do not. As a society however, we are a creative innovative society, a society that looks into the future, creates ideas, dreams and designs about how it wants this future to be and then starts working on making it happen (Casson, 2007). Business, innovation and creativity are interlinked terms. Business, any business, cannot exist without creativity. The common characteristic between a broker in New York, a fair trade luxury furniture shop owner in Islington, London, an independent cocoa farmer in Equator and a the owner of a silk textiles family business in China is creativity. The very notion of starting up your own business, take calculated risks and give your best to succeed, is the definition for entrepreneurial creativity. Innovation is what makes the difference, what gives a company a competitive edge, what turns a small garage business to a multinational with offices around the world and with billions of pounds in its corporate accounts. Creativity, realised through innovation is what drives our economy, is what capitalism is built on, is what creates companies like Apple, Microsoft, and Dyson and Goldman-Sacks (Davis, 2009). The important role of creativity and innovation in the entrepreneurial process Every sector of business and every sector of life is subject to creativity and innovation. If is strange that when the word creativity is mentioned most people think of painters or sculptors or even photographers, the likes of Modigliani and Petrocelli, and when the word innovation is used they think of technological advances, like 3D TVs, and companies like Apple and Siemens. If for example the banking industry is used as an example of innovation in a lecture, the majority of people from the audience will most like wonder about the appropriacy of the use of the word, when it comes to financial institutions such as Goldman-Sacks, J. P. Morgan and even the Royal Bank of Scotland. However, the financial institutions that compose our economic system are the epitome of innovation. Their continuous innovation in creating new financial products and finding ways to generate wealth is what led to the technological, commercial, entrepreneurial and consumption boom that started after the end o f the 2nd world war and is still going strong now, even after many financial crisis that this same system produced, with the most serious being that of 2008 with many countries and millions of people still experiencing its effects. Nowadays creativity and innovation is the driving force of the economy, usually in the form of digital and mobile applications and devices. Economists have even given this new type of economy a, very appropriate, name; digital economy. Iphones, ipads, tablet PCs, smartphones and millions of applications that help the user cook a nice meal, pay his bills online or even monitor his diabetes are the life-line of the post 2008 crises economy. And rightly so, as they provide incredible flexibility and utility to the users, improving their way of life and quality of life, and at the same time generating new jobs and money. They also provide a platform on which small businesses, utilising the benefits of the new technologies and the new digital marketplace, can compete even with multinational corporations in a global marketplace. However the link between creativity, which gives birth to innovations, with the business process is deeper than just new products and services, no matter how revolutionary these might be. The whole idea of starting up a new business, a new company, comes from ones creativity. (Eysenck, 2008) The starting up of a business is creation. The new entrepreneur wants to be independent, to do what he enjoys and believes he is best in doing, to leave his mark, to create. It is creativity that enables an entrepreneur to act on the opportunities that present to him, in order to create competitive advantage for his company. His company does not need to be about revolutionary technology, new designs or new products. He does not need to be an inspirational writer, a painter or an architect. He is creative because he made that first very important step of becoming an entrepreneur. So, not all entrepreneurs are innovative, however those who are, shape the world we live in with their creations. Innov ation is the next step of creativity; it is its materialisation and the means to generate wealth. It is, or it can be, the financial link between ones thoughts and fantasies with the economy. Creativity is the heart of entrepreneurship and innovation is the oxygen that is keeping it alive. Creativity needs a spark and innovation needs fuel. These are provided in the form of physical rewards and generation of wealth; money. Money has been blamed for many things, and most of the times rightly so, however, together with an inherited ability and need for humans to be creative, it is the most common motive for business creativity and innovation. Not the only, but one of the most significant reasons why people want to become entrepreneurs and push themselves to create something new, something exciting, something that other people, many other people, will buy. So creativity and innovation are fundamental factors of wealth generation which is the cornerstone of our capitalistic economic system, which is the only applicable economic system in the world, as we speak. One can even go as far as saying that creativity and innovation is business. Is the creative process a way to trigger self-actualisation and motivation? The question about what motivates us humans to do what we do, to wake up in the morning to go to work, to wait three hours in the rain in order to buy tickets for our favourite pop group or to create new art, technology and literature has fascinated many people before, among them many famous philosophers, like Hume and Kant. When someone first asks about what motivates us to do what we do, the first answer he will usually receive is money. However, this in not, in the majority of times, true, or at least, not the entire truth. Self-actualisation is the desire to become more and more what one is, to become everything that one is capable of becoming (Goble, 1970). Maslow in his theory of basic needs, states that the goals for self-actualisation are as fundamental as those of education, continues learning and self-improvement and creativity. These goals or some may say needs or fundamentals of human existence promote and focus on learning in relationship to imagination, creativity, experience and challenge. However, all these notions are interconnected between them. Learning, experience and creativity are essential to self-actualisation, as self-actualisation is a fundamental requirement for learning and creativity. The idea of self-actualisation comes from Maslow. He describes two human need systems; the deficiency needs system, also called D values, and the Being system, also called B values. D values denote the defensive nature of humans that leads us to be as safe as possible in all situations, but sometimes stops us from experiencing, improving and growing, and B values are the opposite, is what drives us to learn, experience, get in love, try new things and enhance our abilities, taking risks. According to Maslow, the most self-actualised people are mature adults with a history of a productive involvement in their work (Maslow, 1943). Creativity is one of the fundamental ways to trigger self-actualisation and motivation. When one is creative, he feels good about himself, he feels and is productive, his blood rushes through his veins and his mind is on fire. He is creating something new, he is full of energy and confidence. Also, usually creativity means being social, coming in contact with many people, who themselves are creative and exchanging ideas and opinions, networking, interacting and synthesising hunches and observations to theories and great ideas. Just the process of doing so is what motivates many people and the result and excitement to see your idea materialised what motivates the rest (Becherer, 2008). High self-confidence and belief to you, to your abilities and what you can do, which comes from being creative, being alive and contributing to the society, are the basic ingredients of self-actualisation, which lead you to accomplish your targets, and set new, which again kick-start the creative process that triggers your motivation and enhances your self-actualisation. The creative process, self-actualisation and motivation are all parts of human nature. How creativity can help us in problem solving process? The first step of problem solving is to define the problem. Although this may sound trivial, in many cases it is not. Many people and organisations rush in to tackle a problem by finding a solution, without previously knowing that the problem really is. So, to achieve a solution, one first has to fully understand the problem. Once the problems have been clearly defined, the most important factor in solving it is creativity. Creativity is required in order to create a ask the right questions about the problem and find the correct and appropriate answers to them, creativity is necessary in order to provide out of the box ideas and suggestions and creativity is what defines the process of finding a new way in doing things. Brainstorming is a very popular way to solve a problem and it is a characteristically creative method. It involves the rapid exchange of ideas, any ideas, about the solution to a specific problem. What it does actually is to help people to come up with out of the box unconventional ideas and solutions, which in the majority of times are the combination of various ideas that are thrown during the start of the brainstorming session (McNamara, 2010). Also, creativity is what helps us to overcome the, very natural and common negative initial reaction to a problem; the anger and despair that a problem can cause, and actually make something good out of a bad situation but putting our minds and talents to work in order to find a solution that may just not be the solution to one problem but many (McNamara, 2010). A good example of a very creative solution to a common problem that later became a lifesaving method in medicine is the use of ultrasounds. When the first metallic ships and buildings started to appear, a problem manifested in the form of cracks in the metals that had the potential to result in catastrophic failure. The solution that was improvised in order to detect such material failures was the use of ultrasounds. Soon enough ultrasounds were used in humans to image their anatomy and monitor their health. Ultrasounds are nowadays used in every hospital, having a variety of applications such as in obstetrics, oncology and dermatology. Problem solving requires the generation, the production of something new; a new idea, a new device, a new product or new services. This is what creativity is. Examples of organisations that foster Creativity process Dyson One of the most creative and innovating companies in the UK is of course Dyson. Dyson is a modern British icon of design, functionality, creativity and innovations. The company was started in 1933 by James Dyson, an inventor and designer, after he graduated from the Royal College of Art. What started as a tiny company with a single product, a vacuum cleaner, developed in a tiny workshop in the backward of Sir Dysons family house, is now a multinational company, that sells its products in over 50 countries and which employs more than 3,000 people. The companys headquarters are located in Malmesbury, Wiltshire, UK (Dyson, 2012). Technological innovations such as the cyclone technology and the air multiplier technology have changed the industry of commercial home appliances, giving tremendous status to Dyson. The company makes extensive use of computer aided design software as well as 3D printing and 3D visualisation technologies. It also actively promotes creativity and innovation by encouraging its employees to come forward with new ideas, and by having weekly brainstorming sessions where all employees, no maters their speciality and rank, can seat together and exchange ideas in order to provide solutions in existing problems or suggest new products, technologies and methods. The company also promotes training and education, as it is a firm supporter of the notion that the more your get involved and study something in depth, the more creative ideas arise (Dyson, 2012). In 2002 Sir Dyson founded the James Dyson foundation to support design and engineering education, and the creative process. Google Google is one of the most powerful and rich companies in the world. The company was founded in 1998 and it became a public limited company in 2004. Google currently employs more than 53,000 people worldwide. The companys headquarters, Googleplex, are located in Mountain View, California, United States (Google, 2012). Google is not just an innovator in terms of technology, networking, mobile applications and the internet, but also in terms of company structure and employee motivation and creativity encouragement techniques. One of its most popular and innovative company policies is what Google calls personal projects time (Google, 2012). In essence Google allows and encourages every one of its employees to spend a whole day, every week, working on their personal projects and ideas. Also the company has created an internal blackboard that all personal finished projects are published for testing and for generation of discussion, cooperation and the creation of even more, more advanced projects. Finally, these projects are published on the internet, on Google Labs, for everyone to test and feedback. Google actively promotes and supports innovation and creativity and has faith on the abilities of its employees to deliver outstanding new ideas and products. It is a company founded on a great idea and still working towards the next great idea. It provides a work environment that is designed to keep its employees happy and satisfied and cater to all their needs, in order for them to be able to give back their great ideas. It promotes communication, freedom of expression and clearly sets the priority targets which are none other than the generation of new great ideas and the improvement of old. It is an environment that creativity is not forced, it just happens. Google search, Android, Google Maps and Google Goggles are but a few of the results of the abundance of creativity that this company has (Google, 2012). Apple Apple Inc. is nowadays considered the most innovative company in the world. Its products are rapidly reaching legendary status, with their names being used, in many occasions, to define an entire market sector and not just a product. The IPad is a good example of Apples innovation. Apple actually created the marketplace for tablet PC with its introduction of IPad. Many people will refer to any tablet PC as an IPad. The same goes for the IPhone which was the first, real, smartphone, the smartphone that started the revolution we live today (Apple, 2012). Steven Jobs and Steve Wozniak founded Apple Inc. back in 1977. Jobs and Wozniak worked in Jobs parents garage in order to create the first Apple PC. Nowadays, Apple employs more than 73,000 people around the world, has its headquarters in a 130,000 square metres in Cupertino, California, USA and generates an annual turnover in excess of 156 billion US dollars (Apple, 2012). Apple Inc. is not just a huge, very successful, very profitable company; it is one of the very few companies in the world that successfully combines, promotes and excels in creativity, innovation and design. Products like the Ipad, the Iphone and the Ipod, combine the creativity and vision of a company, and of a very charismatic man, Steven Jobs, who sought to develop (create) new revolutionary products, with innovation of continuously updating and upgrading, introducing new and improved versions with design, aesthetically pleasing, trendy, fashionable devices that are more than a mobile phone or a portable PC, they are status enchanting, life-style items (Business, 2009). Many companies have attempted to do this, very few have achieved it and only a handful have mastered it. Apple is a level above them. Of course this is not just down to the vision and charisma of Steven Jobs. Apple employs some of the most creative mind in the world and provides the conditions for them to create and innovate. The image of Steven Jobs walking around the office barefooted, chatting with his employees about ideas he or they has is characteristic about the company culture (Deutschman, 2010). In building nurseries, a small clinic, dentist, even a virtual reality game suits and more than twelve restaurants are but some of the benefits that Apple employees enjoy. Apple employees are encouraged to think outside the box, to speak up and always share their thoughts, opinions, as well as projects and ideas with their colleagues. It is an inspiring environment that actively promotes thinking. However, Apple has also contributed in the business creativity and innovation field its influence, or the influence its huge success has, to hundreds of other companies, most of them its competitors. Apple has forced its competitors to rethink their products and sales techniques, to focus on design, to innovate. Apple has made other companies creative, by changing the market and the consumers. Apple is a company that its actions reverberate in the entire business and consuming world, as well as in the technological developments of our era. Universities As the topic of this assignment requests for examples of institutes that promote creative thinking and creativity, Universities would not be mentioned here. Although, technically Universities are not companies, so they do not promote business creativity per say, they are the places, the incubators, where the next generation of CEOs, entrepreneurs, managers and directors are bummed. They are the places from where most great ideas start, and although some do not make it to the real world, some do and they change it, they live their mark and the mark of their creator on it. Examples like Mark Zuckerberg and Facebook, David Dell and Dell computers and Erik Wallenberg and Tetra Pak (Leander, 1996), are but few of thousands of great ideas that started in University. Universities are for some the most creative places in the world. They take kids and turn them into scientists and business man and leaders. Although corporate entrepreneurship does not apply here in the sense that applies with Google and Apple, individual imagination, radical viewing of the world and an environment that is designed particularly to direct the mind to create, to dream and image, more than makes up for it. The young human mind, still unshaped, still uncorrupted by the do-nots and should-nots of our world, has an unimaginable capacity for creativity, innovation and ideas generation. It only needs direction and encouragement. Universities are the creativity centres of this world. Corporations have to work closely with them in order to use this creativity in the production processes, as well as in business, for the production of new products and services and for the generation of wealth, and for the betterment of the humankind. Conclusion Creativity and innovation is the foundation of business development and the driving force behind the improvement in the quality of living the western societies have experienced the last centuries. Business is about profit and the generation of wealth. However, what motivates individuals is not just money. The human need to create and to contribute to the society, being social and belonging to a group or a big family, is a fundamental factor of creativity and innovation. Self-actualisation and status is also closely related with creativity. I think, there for I am (Britannica, 2012), to the words of Descartes, a 17th century French philosopher. Hoverer, creativity and innovation is not just food for the mind and the needs of us humans. Creativity and innovation is what has shared the world we leave in today. From the first human being that created the wheel, to creation of Democracy in ancient Greece, and from the industrial revolution to the digital revolution of our era, creativity, materialised to innovation, is everywhere, is our everyday life, our education, entertainment and work, our existence. Creativity can help us solve problems in our personal lives as well as in our business lives and can help a company overcome hard times and go from near bankruptcy to being one of the biggest and richest companies in the world (Apple). More importantly, creativity is that makes us better, what makes opens our minds and makes us see things differently and act differently. It has to be promoted, protected, and encouraged, by businesses, universities and governments alike. One can say that as the only intelligent species on this world, actually the only intelligent species known to exist in the Cosmos, is our destiny to create.