Ducati Essay Example for Free

Ducati Essay Patrick EnglandDucati individual write up #3 Management 495 2/7/2012 Can Ducati sustain its position in the sport segment? Can Honda and other Japanese manufactures stop its growth in this segment? The ability for Ducati to sustain its position in the sport segment of motorcycles is going to depend on management’s ability to stay focused on keeping their image and story alive and in the minds of the motorcycle community. If management continues its current trend I believe that they can sustain their position, although there are challenges posed by the Japanese firms and changes in Ducati itself can also play a role in their ability to maintain their growth and position as the high end advanced sport bikes. Ducati’s decision to move from a mechanical company to an entertainment company could be the source of its success or its failure. The company to this point in 2001 had become known for their exotic engineering and design, focusing on beating the completion by any means, even if it involved producing a bike that many might call ugly or not the traditional motorcycle, so Ducati was running the risk of turning away the very customers and removing the image that had built them to the company they had become. But the decision made by Minoli, to become more of an entertainment company and to produce products that could be attractable by a wider variety of customers could also spur growth and market share that the company desperately wanted and needed if it was going to continue to compete with the Japanese bikes. I believe that if the management at Ducati can continue to make this â€Å"turnaround† hold and follow through with the goals laid out in it, then yes they can sustain their position, although any deviation or getting lack in the respects of implementing these long term goals will in my opinion hurt them greatly, for it is the image and the brand that Ducati represents that makes their products wanted. If they try too hard to copy the functions and company structure of competitors they very well may be destroying their core competitive advantage of image and product uniqueness. Japanese manufactures have been pushing hard in the sport market and have the capital and business structure to make a full fledge effort to take market share in the sport division. Honda and others have the ability to mimic the aspects of Ducati that have made them so revered by customers (mainly new technology and exotic styling) while still maintain their reliability and cost advantage. They will still continue to struggle with the â€Å"cookie cutter† image that has plagued them throughout their history, and I believe that if they can try to separate products in their sport division and create the image of uniqueness and exoticness that people associate with Ducati, then they definitely can pose a serious threat.

Movie Version of Grapes Of Wrath - The People and the Depression :: Movie Film comparison compare contrast

Movie: The Grapes Of Wrath - The people and the Depression In the movie The grapes of Wrath, the Joads undergo the hit of the depression, they have to leave their farm. They go to California for jobs, but find there are few jobs, and it pays little, or at least less then what they were told. The government tried to start programs to house and employ people like the Joads. Since the people who already lived in the cities in which these developments were put didn't want them there anyway, they tried to start a riot and have the police Arrest them. Although in the movie the plan was foiled, it could have worked in many other places, or the towns folk could have just created a lynch mob, and eventually the people living in the development would leave. I believe that the economic situation of the country has a great effect on the fall, or succession of people like the Joads, but I don't believe government programs will effect them at all. For example, the great depression was a major economical event, and it greatly effected more then just people like the Joads, but programs like the public works administration which employed people for government construction projects. Another program, the Works Progress Administration, later called the Works Projects Administration was created to develop relief programs, and to keep a person's skills. From 1935- 1943, it employed 8 million people, and spent 11 billion dollars. But in 1939, there were still 9.5 million still unemployed. Another program was the Civilian Conservation Corps. Unemployed, unmarried young men were enlisted to work on conservation and resource-development projects such as soil conservation, flood control, and protection of forests and wildlife. These men were provided with food, lodging, and other necessities, and were given a small monthly salary. Another program was the CWA, the civil works administration. It employed more then 4 million workers to build and repair roads, and teach in schools, were just a couple of the jobs. Some of these programs would work temporarily, but eventually there would be no more work to do, or the government would run out of funds. All these programs were hated by some, and loved by others, and some just didn't care. The business men that were lucky enough not to lose everything, and the other employees working in the cities who still had jobs during the depression didn't like these new programs. In the movie, The Grapes Of Wrath, The towns people didn't like the government funded version of a "Hooverville".

Othello Essay -- Literary Analysis, Shakespeare

Othello by William Shakespeare is a play about a black general who is alone in being black. No one else in either Venice or Cyprus is from Africa as the Moorish Othello is. In fact, with such a high position in the Venetian military, Othello appears to fit right into the role as general; his race is almost of an invisible quality. His race seems invisible because his nobility and the respect others have for him transcend the mistreatment that he might receive in being so physically different. However, this play is not free of racism or noticing race and its connotations. Othello does not truly have a race until he either manifests himself into his race or others choose to notice it. Thus, race is a latent quality in Othello, one not fully apparent until he gets too personal with the fair-skinned people around him and they reject him or he feels rejected and searches for reasons. The important people in Venice replace the awareness of Othello’s race with the great respect that they have for him, which entails that Othello’s capabilities far surpass any racist feelings others feel for him. Iago, who is Othello’s false ensign, even says that he cannot outwardly appear to hate Othello because it would do nothing to get rid of him: each person in Venice needs his skills as a general. Yet, reading what Iago says helps to see what might be the common voice for the other fair-skinned characters in this play on how race and rank interact: â€Å"To be produced †¦ Against the Moor for I do know, the state, However this may gall him with some check, Cannot with safety cast him; for he’s embark’d With such loud reason to the Cyprus wars, which even now stand in act, that for their souls, Another of his fathom th... ...whose solid virtue The shot of accident nor dart of chance Could neither gaze nor pierce?† (67) Lodovico questions Othello’s sufficiency, nature, and virtue. The senate obviously saw all of those things in Othello since they told them to Lodovico but Othello is much changed at this point in the story: he does not feel like the general so does not act like one and in turn loses all of his human qualities. The last step in the characters recognizing Othello for whom they expect him to be comes when Lodovico says â€Å"O thou Othello†¦wert once so good, [but] Fall’n in the practice of a damned slave† (89). The transition is smooth in Lodovico’s mind: he once was the noble general whose skills surpassed his limitations and now he practices the skills of what he truly is, a damned slave.

Rising Petrol Prices

Rising petrol prices 1) When and how did the cost of petrol start to rise? 2) Are there anybody else who is involved other than the drivers of motor vehicles? 3) Can we overcome the rising costs of petrol 4) Are there any advantages of the rising of petrol costs at all 5) How does the rising costs of petrol affect the Demand, Supply, Employment and Income section of the cycle Petrol prices have been continually soaring throughout the decades with GST (goods and service tax), the level of demand, the gulf war and the fact that we are running out of it being the main factors. In some cases the level and extent of competition of petrol companies in a particular location may also be a factor. Motor Vehicle drivers aren’t the only ones who’s suffering from expensive petrol, Aviation companies are also effected, recent surveys have shown that 28% of aviation companies prefer going for a more direct routing to their destinations, 40% found flying at slower speeds to save petrol, 19% cut back on hours flown, 15% started tankering fuel (getting it while it is at a lower price to save money). We certainly cannot overcome the rising of petrol prices but people in Australia and around the world are trying to help by changing their driving habits, using public transport more often and coming up new ways to make cars more fuel efficient. It is quite obvious what the disadvantages are when it comes to talking about the rising costs of petrol but when it comes to advantages I think that people are starting to cut back on shopping sprees, dinner dates and night outs because they want to save money and use it for petrol. There are also fewer teens on the roads because most of them obviously can’t afford petrol when the prices are this high which means that there are less drunk road accidents. A lot of people are also losing weight as a result of using bicycles to save petrol. ———————– A lot of people in the world want oil all at the same time. Oil reserves are running low on Fuel. (Oil supply do not meet demand expectations) They do not make as much money Employment stays the same DEMAND (goes up) Supply Employment Income

Free Essays on Seven Habits

Seven Habits: Improving Ourselves The book, Seven Habits of Highly Effective People written by Stephen Covey is an excellent book and compliments everything that we have studied this semester. His book is an enhancing book based on personal experiences, tips, and suggestions on how to better our lives. The Seven Habits of Highly Effective People begins with the wise observation that people perceive the world differently, and because we view the world with our own unique "lens," it is difficult to separate the observation from the observer. Covey says that we all have our own paradigm, which is our own map of how we perceive the world and how we think the world should be in our ideal view. Covey writes, "The way we see things are the source of the way we think and the way we act" (Covey et al, 1989). Covey reveals ways of changing by providing a seven-step approach, which will give a positive accent to your life. Covey’s seven habits are: Be Proactive, Begin With the End in Mind, Put First Things First, Think Win/Win, Seek First to Understand, Then to be Understood, Synergize, and lastly Sharpen the Saw. Habits one, two, and three relate to private victory with habit four, five, and six relating to public victories and habit seven being involved with renewal. According to Covey, Habit one, Be Proactive, explains our ability to take charge of our lives. We have the ability to take charge, plan ahead, and focus our energies on things we can control instead of reacting to or worrying about things over which we have little or no control. Being proactive is determined by principles. Principles are how you treat other people, how to listen to people, how you build trust, how to seek win-win relationships and being genuinely happy when other people succeed. No matter what the world outside is like or what your mood is you still hold true to your principles. Being proactive also means that yo... Free Essays on Seven Habits Free Essays on Seven Habits Seven Habits: Improving Ourselves The book, Seven Habits of Highly Effective People written by Stephen Covey is an excellent book and compliments everything that we have studied this semester. His book is an enhancing book based on personal experiences, tips, and suggestions on how to better our lives. The Seven Habits of Highly Effective People begins with the wise observation that people perceive the world differently, and because we view the world with our own unique "lens," it is difficult to separate the observation from the observer. Covey says that we all have our own paradigm, which is our own map of how we perceive the world and how we think the world should be in our ideal view. Covey writes, "The way we see things are the source of the way we think and the way we act" (Covey et al, 1989). Covey reveals ways of changing by providing a seven-step approach, which will give a positive accent to your life. Covey’s seven habits are: Be Proactive, Begin With the End in Mind, Put First Things First, Think Win/Win, Seek First to Understand, Then to be Understood, Synergize, and lastly Sharpen the Saw. Habits one, two, and three relate to private victory with habit four, five, and six relating to public victories and habit seven being involved with renewal. According to Covey, Habit one, Be Proactive, explains our ability to take charge of our lives. We have the ability to take charge, plan ahead, and focus our energies on things we can control instead of reacting to or worrying about things over which we have little or no control. Being proactive is determined by principles. Principles are how you treat other people, how to listen to people, how you build trust, how to seek win-win relationships and being genuinely happy when other people succeed. No matter what the world outside is like or what your mood is you still hold true to your principles. Being proactive also means that yo...

Free Essays on Hamlet And Insanity

, that, very far form being mad, he is perfectly capable of recognizing his enemies. Beneath his strange choice of imagery involving points of the compass, the weather, and hunting birds, he is announcing that he is calculatedly choosing the times when to appear mad. The dictionary defines sanity as â€Å"soundness of mind† and I will prove that Hamlet is sane through many examples that show of his soundness of the mind. Hamlet warned his friends he intended to fake madness, but Gertrude as well as Claudius saw through it, and even the slightly dull-witted Polonius was suspicious. His public face is one of insanity however, in his private moments of soliloquy, through his confidences to Horatio, and in his careful plans of action, we see that his madness is assumed. Samuel Johnson, a well respected author , has â€Å"no doubt that the hero’s ‘madness’†¦was merely ‘pretended’†(Neill, 309). After the Ghost’s first appearance to Hamlet, Hamlet decides that when he finds it suitable or advantageous to him, he will put on a mask of madness so to speak. He confides to Horatio that when he finds the occasion appropriate, he will â€Å"put an antic disposition on† (1.5.172). Mark Van Doren poins out in his book â€Å"Shakespeare,† that Hamlet’s â€Å"antic disposition† is used â€Å"as a device for seeming mad† (162). This strategy gives Hamlet a chance to find proof of Claudius’ guilt and to contemplate his revenge tactic. Although he has sworn to avenge his father’s murder, he is not sure of th... Free Essays on Hamlet And Insanity Free Essays on Hamlet And Insanity â€Å"I am but mad north-north-west: when the wind is southerly I know a hawk from a handsaw† (2.2.338-9). This is a classic example of the â€Å"wild and whirling words† (1.5.133) with which Hamlet hopes to persuade people to believe that he is mad. These words, however, prove that beneath his â€Å"antic disposition,† Hamlet is very sane indeed. Hamlet is saying that he knows a hunting hawk from a hunted â€Å"handsaw† or heron in other words, that, very far form being mad, he is perfectly capable of recognizing his enemies. Beneath his strange choice of imagery involving points of the compass, the weather, and hunting birds, he is announcing that he is calculatedly choosing the times when to appear mad. The dictionary defines sanity as â€Å"soundness of mind† and I will prove that Hamlet is sane through many examples that show of his soundness of the mind. Hamlet warned his friends he intended to fake madness, but Gertrude as well as Claudius sa w through it, and even the slightly dull-witted Polonius was suspicious. His public face is one of insanity however, in his private moments of soliloquy, through his confidences to Horatio, and in his careful plans of action, we see that his madness is assumed. Samuel Johnson, a well respected author , has â€Å"no doubt that the hero’s ‘madness’†¦was merely ‘pretended’†(Neill, 309). After the Ghost’s first appearance to Hamlet, Hamlet decides that when he finds it suitable or advantageous to him, he will put on a mask of madness so to speak. He confides to Horatio that when he finds the occasion appropriate, he will â€Å"put an antic disposition on† (1.5.172). Mark Van Doren poins out in his book â€Å"Shakespeare,† that Hamlet’s â€Å"antic disposition† is used â€Å"as a device for seeming mad† (162). This strategy gives Hamlet a chance to find proof of Claudius’ guilt and to contemplat e his revenge tactic. Although he has sworn to avenge his father’s murder, he is not sure of th...

Short, Wise Quotes About Life

Short, Wise Quotes About Life Wisdom need not always be verbose. In fact, some of the wisest, most memorable quotes by famous people are pretty darn short, yet they pack a lot of meaning in their punch. Keeping it short works well probably because of K.I.S.S.: Keep it simple, stupid. George Bernard Shaw: Life isnt about finding yourself. Life is about creating yourself. Eleanor Roosevelt: You must do the things you think you cannot do. Frank Lloyd Wright: The truth is more important than the facts.​​ Mother Teresa: If you judge people, you have no time to love them. Lucille Ball: Love yourself first, and everything else falls into place. Stephen Colbert: Dreams can change. If we’d all stuck with our first dream, the world would be overrun with cowboys and princesses. Oprah Winfrey: Failure is another stepping-stone to greatness. Stephen Hawking: Be curious. Mother Teresa: If you cant feed a hundred people, then feed just one. William Shakespeare: Love all, trust a few.​ Michelle Obama: Success isnt about how much money you make. Its about the difference you make in peoples lives. Wayne  Gretzky: You miss 100 percent of the shots you dont take. Gabrielle Giffords​: Be bold, be courageous, be your best. Madeleine Albright: Real leadership...comes from realizing that the time has come to move beyond waiting to doing. Babe Ruth: Dont let the fear of striking out hold you back. Seneca: Luck is what happens when preparation meets opportunity. Anna Quindlen: Don’t ever confuse the two:  your life and your work. The second is only part of the first. Thomas Jefferson: He who knows best knows how little he knows. Dolly Parton: If you want the rainbow, you gotta put up with the rain. Francis David: We need not think alike to love alike.​ John Quincy Adams: If your actions inspire others to dream more, learn more, do more, and become more, you are a leader. Maya Angelou: People will forget what you said, people will forget what you did, but people will never forget how you made them feel.   Malcolm X: If you dont stand for something, youll fall for anything. Hillary Clinton: Every moment wasted looking back keeps us from moving forward. Thomas A. Edison: Many of lifes failures are people who did not realize how close they were to success when they gave up. Katie Couric: You cant please everyone, and you cant make everyone like you. Jon Bon Jovi: Miracles happen every day. Change your perception of what a miracle is and youll see them all around you.​ Eleanor Roosevelt: Do one thing every day that scares you.   Tina Fey: There are no mistakes, only opportunities. Francis Bacon: A prudent question is one half of wisdom.​ Sheryl Sandberg: If youre offered a seat on a rocket ship, dont ask what seat! Just get on. Eleanor Roosevelt: Remember, no one can make you feel inferior without your consent. Florence Nightingale: I attribute my success to this: I never gave or took any excuse. Edwin Land: Creativity is the sudden cessation of stupidity. Maya Angelou: You can’t use up creativity. The more you use, the more you have. Mahatma Gandhi: â€Å"Be the change that you wish to see in the world.†Ã‚   Lao Tzu, Tao Te Ching: When I let go of who I am, I become what I might be. Rosa Parks​: When ones mind is made up, this diminishes fear. Henry Ford: Whether you think you can or you think you can’t, you’re right. Gloria Steinem: Dreaming, after all, is a form of planning.​​​ Christopher Reeve: Once you choose hope, anythings possible. Kate Winslet: Life is short, and it is here to be lived. Mahatma Gandhi: â€Å"Live as if you were to die tomorrow. Learn as if you were to live forever.†Ã‚   Alice Walker: The most common way people give up their power is by thinking they don’t have any. Lao Tzu, Tao Te Ching: Great acts are made up of small deeds. Amelia Earhart: The most difficult thing is the decision to act. The rest is merely tenacity. Ellen DeGeneres: Sometimes you cant see yourself clearly until you see yourself through the eyes of others.   Walt Disney: All our dreams can come true if we have the courage to pursue them.

Credit crunch between 2007 - 2009 Essay Example | Topics and Well Written Essays - 2750 words

Credit crunch between 2007 - 2009 - Essay Example Credit crunches are usually considered to be the predecessor of recessions. A credit crunch makes it almost impossible for business organisations to borrow as lenders are scared of insolvencies or defaults, which produce in high interest rates. The outcome of such scenario is extended slow recovery resulting from the supply of credit having shrunk (Duca & et. al., 2010). Credit crunch was caused in 2006 when the housing market crumpled. At the time of credit crunch, a certain numbers of the mortgages were intended for a division of the market, specifically subprime mortgages, their designed interest payment rates involving to refinance them within undersized phase were tried to be launched to avoid hikes in the mortgage rates. The mortgage refinancing demonstrates the fact that the prices related to housing market would likely to increase. Thus, the disintegration in the housing market defines a flow of the future non-payments in the subprime areas (Acharya & et. al, 2009). The finan cial crisis of 2007 initiated in the subprime mortgage industry in the United States. Apart from being restricted to the real estate market, the effects of the subprime fall down spread throughout the US economy as well as the global markets. The impact has been mainly severe on the financial industry, as numerous investment banks had a short but wide records of utilising Mortgage-Backed Securities (MBS) as a way to spread risk and free up other capitals (IESE Business School, 2009). The households and the institutions such as pension funds along with life insurance companies and mutual funds are the ultimate lenders investing in support of households. It is worth mentioning that certain credit will be offered to the borrowers directly from the lender, as is the case with municipal bonds and corporate bonds as well as treasury securities. The vastness of the credit financing intermediated in the economy through the banking system, deduced broadly. It is quite significant to comprehe nd the operation of financial intermediation as well as a way in which the emergence of banking system took place since the past few years. It is also vital to recognise the global financial crisis that took place in the year 2007 and thus generate standards such as short-term and long-term crisis management standards so that a flexible financial system can be generated (Adrian & Shin, 2010). The main objective in this study is to illustrate the economic impact on the US that have taken place due to the credit crunch, economic crisis and to reassess the measures that have been taken by the authorities to address the crucial issues that have generated those events. Economic Impact of Credit Crunch in the US There has been a certain significant economic impact of the credit crunch in the period of 2007-2009 in the US which coincided with the global recession. The economic impacts have been discussed below: Housing Bubble: The bursting of the housing bubble in the US affected banks to write down large losses that had been extremely amplified and also created a large number of confusions in the financial markets, and also resulted in the defaults, the liquidity dry ups, the bailouts of banks and financial institutions. As consistent flow of financing is an absolute obligation for the economic system, the financial disruption caused a growing doubt about the macroeconomic position, a wide-ranging increase in risk aversion and a strong deterioration in the actual economy, with unfavourable

Business Economics Essay Example | Topics and Well Written Essays - 2000 words - 2

Business Economics - Essay Example The insurance company works this ways: â€Å"The insurance company collects premiums from policy holders, invests the money (usually in low risk investments), and then reimburses this money once the person passes away or the policy matures† (Investopedia ULC). â€Å"In the U.S., the  Gramm-Leach-Bliley Act of 1999 legislated that banks, brokerages, insurance firms and other types of financial institutions can join together to offer their customers a more complete range of services† and this has lead to a lot of mergers and acquisition† (Investopedia ULC). The Life Insurance Business of Prudential operates under the umbrella organization Prudential Financial Inc which is listed under the New York Stock Exchange. Prudential Financial Inc started with the life insurance and asset management business with a clientele of approximately 50 million individuals (Prudential Financial Inc, 2009). Its insurance business covers life insurance, annuities, long-term care insurance and Auto, Home, RV, Watercraft and Personal Liability Insurance. Prudential life insurance creates value through offering wide range of insurance that fits each individual. The delivery of insurance is designed to fit the specific need of the person. Examples of these are the varieties of life insurance of Prudential Life such as for wealth preservation and long-term death benefit. The company has its office in New Jersey and other states all-over the country. There are several factors that can affect the demand. Normally, textbooks would mention prices, income, taste, number of buyers, prices of related goods (whether substitute or complement) and expectations (whether on future prices or future income) (Mankiw, 1998). In this paper, we are going to discuss at least four – prices, income, number of buyers and expected future prices. Price change is the

Personal Leadership Development Plan Essay Example | Topics and Well Written Essays - 1250 words - 3

Personal Leadership Development Plan - Essay Example As is basic for these groups, I might be working in moderately little, cross-utilitarian assemblies with others, on the whole working a little set of records. Inside that group, my particular obligations could extend from City Manager, City Planner, Government Manager, Non-Profit Manager, Executive Assistant, or Chief of Administration, all of which I have experience finishing now through my different employments, volunteers, internships, and grounds associations. Imperative authority aptitudes in aggregations of the sort incorporate high assignment introduction, capacity to oblige and team up both remotely with the customers and inside the group, and the ability to boost bunch effectiveness through fitting undertaking division. While the examination of my outcomes from the collection of overviews and evaluations will offer a more definite dissection of how my current qualities play into or challenge those obligations, I feel that I to a great extent have a solid premise in those mea surements with evident room to develop and enhance later on. In general, I observe that I am a legit and minding diligent employee who values productivity and close flawlessness. Not just do I accept that these are critical models throughout my life, I observe that I proclaim these characteristics to others, on occasion setting a bar excessively high for any other person to arrive at. While I value the general capacity to be both strongly meticulous and for the most part minded, I do periodically become involved with the particulars of an assignment, staggering to demand that everything is executed simply right. Humorous in view of the extent to which I get a kick out of the chance to arrange things, I get amazing delight and fervor from spontaneity, maybe due to its irregularity. All the more formally, I have wide arriving at abilities, running from different sorts of managerial

IB English A1 Higher Level Essay Example | Topics and Well Written Essays - 1500 words

IB English A1 Higher Level - Essay Example The phrase appears in a speech from Creon, the King of the play and the man that wields the most power. He is attempting, by one means or another, to win over his son Haemon to his point of view regarding the burial of the corpse. Essentially, he also wishes him to accept a very straight-forward, but, as shall be seen, rather contradictory view of the nature of political authority. Creon states that â€Å"I must keep my kin in line, Otherwise folks outside the family will run wild.† Creon is the titular head of his family and so appeals to the fact that he must keep in his family in order for the city as a whole to follow suit. He then states that he will give â€Å"nothing but contempt† from someone who breaks the law and/or tells his masters what to do. But we soon he states an all-important â€Å"but†: Morality and virtue, the â€Å"right† and the â€Å"wrong† are less important to Creon than the absolute obedience to legitimate political authority. Indeed, political authority seems to trump any other concerns. He does not just state this opinion in isolation, he goes on to give an explanation for why this system is good not only for the ruler, but for the city as a whole: Creon’s rather tenuous theory of political authority argues that first, a ruler’s orders should be obeyed without question. Second, that if those orders are obeyed without question he will willingly give up power to another and then be â€Å"cheerfully ruled† and third that the whole city will essentially be one of order and discipline. Absolute rulers do not tend to give up authority without a fight or, in a hereditary type of system, before their deaths. The old adage that power corrupts and that absolute power corrupts absolutely seems to be conveniently avoided by Creon who, with his experience of power, and knowledge of his family history, should know better. Creon essentially sets up a Cartesian world in which a leader is either obeyed (leading to a perfect society) or

The Continuum from Legitimacy to Fraud Research Paper - 4

The Continuum from Legitimacy to Fraud - Research Paper Example This essay demonstrates that different improvements and various practices should be involved in the process of earnings management. Financial reporting can be influenced by numerous factors and even a personal impact can be very important trigger when fraud occurs. A lack of motivation from the company can lead managers and accountants to fraud. Concealment is one of many possible strategies implemented in the process of auditing. It can be claimed that the following four parties are key determinants of internal and external concept development of legal and fraudulent earnings management: boards of the directors, stakeholders, managers, and auditors. It is possible to describe their mutual relations in the following way: stakeholders make boards of directors write invented figures in their financial statements, managers are subjected to the orders of the company's authorities and auditors are cheated when all these actions are combined. This paper makes a conclusion that thus, financ ial statement looks like Pandora's Box and different vices come out of it by voluntary actions of directors, accountants, and managers. Moreover, the two basic pillars would make earnings management fair and stable: flexibility and inviolability. In addition, It can be also supposed that any modern company can be influenced by changing the environment, politics of the county, national or local influences etc. Thus, ethical issues are integrative elements of legitimate practices in earnings management.... With respect to the study conducted by Levitt in 1998, accountants should develop more flexible practices, but the highest standards of objectivity. Fraud in management practices can be illustrated by numerous examples, such as a famous case of fraud experienced by the Enron Company (Hoffman et al, 1996). Accountants of the company were not afraid of providing their financial statements. The company experienced bankruptcy and a great impact was made on the employees of the company, retired employees and their pensions and many other people, who suffered huge financial losses. The following conditions are the most relevant to the earnings management conduct: â€Å"remaining alert, through observation and making inquiries as necessary, for evidence of noncompliance with relevant ethical  requirements by members of the engagement team, determining the appropriate action if matters come to the engagement partner's attention that indicate that members of the engagement team have not co mplied with relevant ethical  requirements, and forming a conclusion on compliance with independence requirements that apply to the audit engagement† (Statement on Auditing Standards, 2010). The words and word combinations in italics can be considered as triple conditions for fair and successful earnings management. To reveal fraud in earnings management relevant ethical  requirements, the appropriate action and independence requirements should be followed by the auditors. Otherwise auditing will fail and the company will be subjected to a spoiled goodwill, suspicion of stakeholders or even bankruptcy (Statement on Auditing Standards Overall Objectives of the Independent Auditor, 2010). Conclusion Different improvements and various practices should be involved in the process of

IB English A1 Higher Level Essay Example | Topics and Well Written Essays - 1500 words

IB English A1 Higher Level - Essay Example The phrase appears in a speech from Creon, the King of the play and the man that wields the most power. He is attempting, by one means or another, to win over his son Haemon to his point of view regarding the burial of the corpse. Essentially, he also wishes him to accept a very straight-forward, but, as shall be seen, rather contradictory view of the nature of political authority. Creon states that â€Å"I must keep my kin in line, Otherwise folks outside the family will run wild.† Creon is the titular head of his family and so appeals to the fact that he must keep in his family in order for the city as a whole to follow suit. He then states that he will give â€Å"nothing but contempt† from someone who breaks the law and/or tells his masters what to do. But we soon he states an all-important â€Å"but†: Morality and virtue, the â€Å"right† and the â€Å"wrong† are less important to Creon than the absolute obedience to legitimate political authority. Indeed, political authority seems to trump any other concerns. He does not just state this opinion in isolation, he goes on to give an explanation for why this system is good not only for the ruler, but for the city as a whole: Creon’s rather tenuous theory of political authority argues that first, a ruler’s orders should be obeyed without question. Second, that if those orders are obeyed without question he will willingly give up power to another and then be â€Å"cheerfully ruled† and third that the whole city will essentially be one of order and discipline. Absolute rulers do not tend to give up authority without a fight or, in a hereditary type of system, before their deaths. The old adage that power corrupts and that absolute power corrupts absolutely seems to be conveniently avoided by Creon who, with his experience of power, and knowledge of his family history, should know better. Creon essentially sets up a Cartesian world in which a leader is either obeyed (leading to a perfect society) or

The Significance of World Religions Essay Example | Topics and Well Written Essays - 1750 words - 11

The Significance of World Religions - Essay Example Religion is one such issue that is much misunderstood and raises passions to unexpected limits. Given the two sides of a coin, religion can be used constructively for the betterment of society or to serve the vested interests of a few. It is intriguing that intolerance in the name of religion has grown in spite of increased literacy and education on the one hand, and a better standard of living on the other. The fanaticism of today has its parallels in man’s hoary past. It is this past that communities repeatedly invoke to settle scores with those with a different outlook. It is in this backdrop that religious leaders the world over are endeavoring to facilitate dialogue not only among religions but also among the adherents of various religions. One such leader is His Holiness The Dalai Lama of Tibet who is a vocal advocate of religious harmony besides being a role model for Buddhists everywhere. Fisher opines that there is an inexplicable reality experienced by all cultures. The material world fails to provide answers to all our questions. It is this void that religion tries to fill. The man has overcome nature and is in a commanding position vis a vis nature many a time. It is questions that defy logic or are beyond his comprehension for which he turns to religion (12-13). Fisher mentions a set of human needs that religion fulfills. One of these is the question of the afterlife. Rational thinking cannot explain the journey of the self after death. Similarly, the aspect of perfection beyond the five senses is alien to human experience. Man strives to find the answer to perfection beyond sensory perception (14-15). Likewise, religion can give the true reason behind personal problems and how man overcomes these when there is no hope left. Apart from the physical self, man can also discover his true self, the soul, which cannot be easily described in a material setting.

Effects of Computer Gaming Essay Example for Free

Effects of Computer Gaming Essay Technology nowadays has brought man to an era of digital and advanced world of computers. Not only are computers used in studies, research and work, it is now being used as part of leisure and entertainment. Most of the youth today know how computers work and even a 3 year old child who is still yet to learn how to read and write knows how to operate a simple computer. This is because the interactive element of a lot of software that computers use excites and attract children and this makes them learn to use and play with the computers. (Jones, 2002) Advancement in technology has drastically changed man’s way of living which has been made easier for most. It has come from diskette to very portable and stylish mini USB, from the ancient â€Å"three point eleven† personal computers with big and bulky monitors and CPUs to very user friendly touch screen-tablet PCs, and from limited Nintendo games like Mario brothers to a bunch of online and offline games like Dota, Counter Strike, Angry Birds, and Fruit Ninja etc. Such kind of improvements has led today’s generation to learning more of what life has to offer through the use of modern technologies like computers. Schools now facilitate teaching and learning through the use of computers. By the use of this kind of technology, learning is now more fun and a lot easier. Application of modern technology like computer-assisted teaching-learning on student’s aims to provide faster learning and ease of teaching and also provide the students of the advanced technology that they need to experience inside the classroom, and which they can apply when they are out of school. Since computer has a lot to offer to its users, it is also being used as entertainment and leisure and computer gaming being the most popular. There are lots of computer games that enhance the thinking abilities of students because of its gaming nature and environment like strategic gaming, word puzzles, etc. With this fact, learning through computer gaming helps students be more willing to study and learn more because, they are not just playing, they are also learning. The use of multimedia in education has significantly changed people’s learning processes. Results from a number of research studies indicate that appropriately designed multimedia instruction enhances students’ learning performance in science, mathematics, and literacy (Gee, 2003). Previous studies indicate that computer-assisted instruction programs have important factors that can motivate, challenge, increase curiosity and control, and promote fantasy in children (Tzeng, 1999). Despite the fact that computer and video games have the same multimedia capability as computer assisted instruction programs, their potential learning impact is often discounted by parents and educators. While computer gaming is regarded somewhat negative in educational settings, particularly for young students, re-scrutinizing of its influence in a teaching and learning context is vital since computer gaming can also be an education-assisted-program with proper implementation and application. While others confirm the negative effects of computer gaming to students’ performance in school and student’s health and mental ability, some authors argue that there are positive outcomes that a player can gain while playing computer video games. A research published in the Australasian Journal of Educational technology found that students who play computer and video games more frequently get lower grades than those who do not. However, it is also included in the research the positive effect of this activity to students as far as some specific video games are concerned which promote some elements that increases learning. On an online article entitled by Charles Pearson (2009) â€Å"Positive Effects of Computer Games on Student Achievement†, the author enumerated five positive significant effects of computer gaming to students. These include enhancing one’s problem solving capability, time and resource management, strategic life management skills, educational games promoting learning, and inherent instructional nature helps students to hone mastery skills. Playing video games needs a sharp mind and an alert reflexes because most of the games require thinking quickly to be able to achieve the games’ goal. According to a blog site on the web authored by Manali Oak (2009) which has an article entitled Positive Effects of Video Games states that since video gaming is interactive, it boosts the ability of one person to use his mind and hence, develops the thinking ability of the person playing. The author also said that video gaming is surely better than watching television as video games are interactive. In addition to what Manali Oak added that playing video games help benefit person with inferiority complex and lack of self confidence as they are experiencing sense of participation and a sense of achievement thus, building his self confidence. An excellent summary of the scant research that has been conducted is by Barlett, Anderson, and Swing (2009) on their research book Video game effects confirmed, suspected, and speculative: A review of the evidence. They reviewed the evidences for video game effects and grouped them into categories of confirmed, suspected, and speculative. By â€Å"confirmed,† the authors mean that the outcomes have received consistent empirical support for causal claims. They describe two such confirmed positive outcomes: (1) Playing video games can result in superior visual attention and (2) Video game play improves the ability to mentally rotate or arrange objects. They point out that the research shows that both violent and non-violent video games produce these positive effects. They also observed that educational video games and simulators can teach specific educational skills and knowledge such as algebra, biology, photography, computer programming, and flight training. The evidence for this connection is provided by Gee (2007) and Shaffer (2006). However, most of the games that they discuss are not commercially available. Perhaps such games will be developed and distributed more widely in the future. In the meantime, the evidence shows that video games can enhance learning if they are designed properly for that purpose. Another study tackled the good and bad effects of video games to children conducted by the Raise Smart Kids Organization. The study enumerated the positive effects of video games to children. Following instructions, problem solving and logic, hand-eye coordination, fine motor and spatial skills, resource management and logistics, multitasking, quick thinking and making fast analysis and decision, inductive reasoning and hypothesis testing are among those which enumerated by the author about the positive effects of video gaming. In addition, the article also included that video games can improve one’s decision making speed. People who played action-based video and computer games made decisions 25% faster than others without sacrificing accuracy, according to a study from the University of Rochester. Other studies suggests that most expert gamers can make choices and act on them up to six times a second—four times faster than most people, and can pay attention to more than six things at once without getting confused, compared to only four by the average person. Surprisingly, the violent action games that often worry parents most had the strongest beneficial effect on the brain, according to cognitive neuroscientist Daphne Bavelier, who studied the effect of action games at Switzerlands University of Geneva and the University of Rochester in New York. Moving from the early years, the effects of socialization become more entrenched. In an article published in The Journal of Educational Computing, A. Colley (1994) reported that masculine gender role traits are associated with a more positive computer attitude and that there is a gender stereotype of science in general being masculine. According to Sax (2007) his book â€Å"Boys Adrift: The five factors driving the growing epidemic of unmotivated boys and underachieving young men† where he drew one fact well established by his conducted research revealed that violent video games cause aggressive behavior in the players. He argues that video games are so addictive that they satisfy the male need to power and control. It is evident in the country like the Philippines that the most popular computer games that the youth play in the computers are Dota, San Andreas, Counter Strike among others which are clearly promoting violence and aggression through its war and battle depiction. It can in effect, influence the youth as they play those kind of games which depict war, blood, killing, shooting etc. In a book by Barlett, Anderson, and Swing (2009) entitled Video Game Effects Confirmed, Suspected, and Speculative: A Review of the Evidence, it has stated that the â€Å"confirmed† negative effects of video games established by the research include aggressive thoughts and behavior, physiological arousal, and antisocial behavior. It was also explained that there are two variables that heighten the effects of computer games. One is depiction of blood, which results in higher levels of physiological arousal, aggressive feelings, and aggressive thoughts. Another is rewarding of violent acts, which also increases these effects. Since most of the computer games depicts violence, what they conceive in the monitors of their computers in the games that they are playing are somewhat becoming part of their reality. In an article on a eHow.com by Sarah Arnette (2011) entitled The Negative Effects of Computer Gaming on Students, the author enumerated four negative effects of computer gaming on students. She used the General Aggression Model (GAM) developed by Craig Anderson and Douglas Gentile in conducting the study that helped the author come up with the results. The results showed the negative effects include short term aggression, lack of problem solving thinking ability, weight gain, and anti social behaviors. It is regarded that the negative effects of playing video games does not only affect the player’s mental ability but as well as that concerning their health and socialization. Computer gaming also affects the behavior of the players and on how they relate with other people. A study by Argosy University’s Minnesota School on Professional Psychology found out that game addicts argue a lot with their teachers, fight a lot with their friends, and score lower grades than others who play video games less often. Performance in class may be negatively affected due to significant time spent in playing video games. Studies conducted by Anderson and Dill (2000) and one that was conducted by Gentile, Lynch and Walsh (2004) show that the more a person spends playing video games, the poorer is his performance in school. Computer gaming can also affect the health of the players. According to an online article entitled â€Å"the good and bad effects of video games† (2011), online gaming may also have bad effects on one’s health including obesity, video-induced seizures and postural, muscular and skeletal disorders such as tendonitis, nerve compression, and carpal tunnel syndrome. Conceptual Framework This study was based on a recent study conducted by Barlett, Anderson, and Swing (2009) and a study by the Raise Smart Kid organization which stated that there are confirmed positive and negative effects of computer gaming on studies of students who play the computer. Barlett, Anderson, and Swing stated that the â€Å"confirmed† negative effects of video games established by the research include aggressive thoughts and behavior, physiological arousal, and antisocial behavior On the other hand, Raise Smart Kid organization stated the good and bad effects of video games to. The article enumerated the positive effects of video games to children: following instructions, problem solving and logic, hand-eye coordination, fine motor and spatial skills, resource management and logistics, multitasking, quick thinking and making fast analysis and decision, inductive reasoning and hypothesis testing. Using the results of the study conducted by Barlett, Anderson, and Swing in 2009 and the study by the Raise Smart Kids Org as basis, this study aims to find out what effects do computer gaming have particularly on students of Business Administration of the College of the Immaculate Conception and enumerate both the positive and negative effects of the said activity on their studies and personal behavior.

Macro economic problems of sri lanka and maldives

Macro economic problems of sri lanka and maldives Introduction Human needs and wants can be fulfilled through production of goods and services. Production can take place with the help of factors of production, which are inputs into the production, such as land, labor and capital. So production and distribution of goods and services, in order to fulfill human needs and wants directly and indirectly, is known as economy. According to Barro (2008), economy is divided into micro economic environment and macroeconomic environment. Micro economy is about economic behavior of specific individual, firms and the distribution of production among individual industries. Macro economy is mostly focused on total production, productivity, rate of employment, consumer prices, incomes of households and net import and export of a country. In this project we will focus mainly on macro economic problems such as inflation, income, unemployment, etc and trends over ten years of economic growth experienced by Sri Lanka and Maldives. And moreover the policies used by government of both countries throughout these ten years to sustain their economic growth at a favorable level. Economic growth shows the changes in real gross domestic product over time. The business Cycle Constant economic growth is not experienced by any country. For each and every country, if we observe the path of economic activity, it can be seen that there are deviation or fluctuations. At times these fluctuations will lead the economy into a more favourable position while during other times it could lead to a more devastating situation. These fluctuations in the economy are known as business cycle, and consist of periods of contraction, trough, expansion and peak. The fluctuations in the economy are usually measured in real GDP and other macroeconomic variables (Delong Olney, 2006). Source: www.imf.org Figure Business Cycle Diagram 1 above shows the business cycle for Maldives and Sri Lanka for the years starting from 1998 to 2008 measured in GDP at constant prices. As can be seen in diagram 1, both the economies of Maldives and Sri Lanka were experiencing a period of contraction from the years 1998 to 2001. After reaching to its lowest in 2001, the economy of both nations started to recover and was flourishing until the natural disaster, tsunami, left a huge impact on the economy of Maldives. However with the aid of other nations and the govt. economic policies, led to a record high economic growth rate. The economies of both countries again are facing a period of contraction from 2006 onward. This may be due the downturn in the world economy. These stages of economic downturn and prosperity shown in the business cycle are explained in more detail below. 2.1 Contraction Trough Contraction starts once the economy reaches its peak and further progress becomes difficult. When the economy reaches to its peak, economic growth starts to slowdown, as there will shortages in the economic resources (Dornbusch, et al.2008) The increasing prices, wages and interest rates would eventually halt the demand for the output and reduce the level of sales. The reduction in sales means that firms will now be holding excess supply and will reduce production and will focus more on selling their excess output. The decline in production will result in fewer amounts of resources being required by the producers. Since the producers now have a pile up inventory they will reduce purchases from suppliers. As the production of output reduces, firms will no longer require the service of some of their employees. Firms start to lay off some of their employees, starting the fear of unemployment among the labor force (Blanchard ,2009).This fear for a hardship for the future will encourage s aving. The reduction in consumer spending will lead to lower profits or even losses for the businesses. Some businesses will even go bankrupt discouraging further investments. In the contraction period the national output starts to decrease as well as prices and incomes and unemployment begins to increase(Delong Olney, 2006). The contraction stage for both countries is in the same period as per diagram 1. The economies are experiencing contractions from 1998 2001 and 2006 2009. Trough Trough is the lowest point of the contraction where the economy takes the turn. At this point countries would have unemployment rate at its highest, inflation will be low and the national output will also be at its lowest. There will be unused capacity within the economy although investments will be less due to high uncertainty towards the economy (Chamberlin Yueh, 2006). 2.1.1 Maldives During the past ten years, Maldives had experience two periods of economic contractions. These were during the periods of 1998 2001 and 2006 2008. Figure For the contraction in Maldivian economy from 2006 to 2008 the annual percent change in real GDP had decreased from 17.98 to 5.84(Figure 1). This was mainly due to the adverse effects on tourism during this period because of the world financial and economic downturn. The fishing industry, the other major contributor to the Maldivian national output, had also declined during this period as the oil price had risen during these years. The rate of inflation was on the rise mainly because of the increase in import prices, oil prices and rise in wages of the public sector as well as the large increase in government expenditure. The rate of unemployment rate is not known for all the years due to lack of data, however, for 2006 the unemployment rate stood at 7.9 percent. 2.1.2 Sri Lanka Sri Lanka continued on an economic expansion path in 2006 showing a record of 7.4 % which was the highest since 1978.This growth arose mainly from the service sector which grew to 8.3 % during the year and this contributed the highest at 62.6 %. In Contrast the growth rate in 2007 and 2008 declined compared to 2006 which was recorded at 6.8 % and 6 %respectively. Growth rate in agricultural sector (5.7%) in 2007 was moderate due to drop in production of major crops like tea and paddy, but performed well in the first half of year 2008.Industrial sector maintained a growth over 6 % till first nine months in 2008 but declined to 5.9 % in the end. This was due to global slowdown. Unemployment rate dropped substantially to 6.5 % during 2006 and continued its declining trend and dropped to the lowest rate of 5.2 % in 2008.This was mainly due to increased employment in the agriculture and construction sectors and increased in self employment. In 2006, during the early years Sri Lanka experienced a decelerating trend in inflation, which was mainly due to high monetary expansion as well as high government expenditure and borrowings. In 2007, CPI moved in an upward trend increasing to 15.8 %. This was due to terrorist disturbance in the paddy producing areas, bad weather conditions and high demand for rice due to high price in substitutes, and also high price of domestic agricultural commodities. Also due to rise in global oil and gas prices adjustment to some commodities were needed. Also, shortage in global supply and increased in demand in international commodity market caused to raise the price of major imported food commodities. Inflation reached to its peak in mid of 2008 to 28.8 % and declined significantly to 14.4 %, mainly due to the continued tight monetary policy measures by the Central Bank and the sharp declined in the international commodity prices .The increased in CPI was also fuelled by the low supply of domestic agriculture products and also high price in the international market of some imports. Meanwhile, increased in electricity charges which caused to raise price levels was also attributed in increased in inflation. 2.2 Recovery / Expansion Peak Recovery phase of business cycle comes, if government makes good decisions and productive capital investments during the period of trough or recession. In the phase of recovery economy starts to get its position and gross domestic product starts to expand instead of getting worse. Effective physical and monetary policies by the government at the time of recovery would help the economy to gear up the economic activities and establish again until it reaches to peak. In other words it is also called as expansion period of economy. Expansion occurs after an economy reaches to its previous favorable position (Blanchard ,2009). During the months of expansion it is the best time for investment and it is well-known golden time for stock market investors. When an economic expansion occurs stock goes up more than at any other time. During an economic expansion, demand for the goods and services are increased as consumers feel certainty in the economy which leads to increase their spending. More spending in the economy encourages further economic expansion such as increasing productivity, improve standard of living, and reduce unemployment by creating lot of job opportunities in the economy (Dornbusch, et al,2008). When the economy reaches its peak, the output of the nation will be at its highest, investments, inflation and incomes will be high and unemployment will be at lowest. Firms will enjoy a higher profit in this period. 2.2.1 Maldives The economic situation of Maldives was improving throughout the years from 2001 to 2006. During this economic prosperity the annual percent change in real GDP had increased from 3.45 in 2001 to 17.98 in 2006(Figure 1). Figure The major contributors the Maldivian national output, the fisheries and tourism sector had prospered during this period (figure3). Although at the end of the year 2004 the nation was almost swept away by the tsunami, the destruction faced to the economy was eventually put on track with the help of foreign aid and government investments in rebuilding the infrastructure of the country, thus aiding the growing construction industry in Maldives. The total government expenditure and revenue for this period shows just how much the economy was prospering (figure 4). Figure Annual percent change in Govt. Revenue and Expenditure The changes in unemployment rate cannot be clearly seen due to lack of data; however the number of expatriate workers had vastly increased. Unemployment rate had increased from 2000 to 2006 from 2.3 to 7.9 percent. Since, Maldives is heavily dependent on imports, any changes in the world economy has a huge impact on the domestic price level. Inflation rates largely reflect the world economic trend. 2.2.2 Sri Lanka In the year 2001, global recession and low rain fall caused to face an economic slowdown throughout the year; agriculture (-3%), Industry (-2%), Services (-0.5%) and Sri Lanka experienced a negative growth rate of 1.4 percent for the first time after 1948.As a result of favorable international environment, peace process and sufficient monetary policy, the economy of Sri Lanka recovered and recorded growth rate of 4 percent in 2002 and it accelerated in 2003 to 5.9%. Mainly growth was achieved through service sector. Due to the adverse shocks, increase in international oil prices, drought, floods and tsunami disaster at the end of 2004, annual growth had fallen to 5.4 percent. Shortage of supply in agricultural products cause inflation rate to push upward recording 14.2 percent of average inflation in 2001. Tight demand management policies by central bank, increasing number of controlled prices and expansion of domestic production cause reduction of inflation rate to 9.6% in 2002 and 6.3% in 2003. Consequently, the factors used to stable the price level are related to supply side of the economy, drought and import price of key commodities generated cost-push inflation. And average inflation rate turn unfavorable to 7.6% in 2004. The slowdown in both economic growth and investment expansion during the year 2001 and 2002 resulted increase of unemployment rate marginally to 7.8% and 9.1% respectively. Economy recovery, mostly in service sector, and employment opportunities under the policy of new government, unemployment rate was declined in 2003 and 2004. Increasing countrys external reserve, expansion of external factors and recovery of export shows an overall surplus balance of BOP in 2001, 2002 and 2003, well below the target. In 2004 there is an adverse balance on BOP because of raising reserve money caused expansion of domestic assets and reduction of net foreign assets. Macroeconomic Policies Sustainable economic growth is achieved by utilizing the monetary and fiscal economic policies efficiently. Monetary policies are mainly focused on controlling the money supply within the economy through the use of instruments such as controlling interest rates, reserve requirements, exchange rates, etc. Fiscal policies are aimed at influencing the aggregate demand in the economy by using tools such as taxation and government spending (Delong Olney, 2006). 3.1 Maldives To maintain stable economic growth, the central bank of Maldives, Maldives Monetary Authority (MMA) employs various monetary policies. One of those policies is to maintain a stable exchange rate to have price stability in the country. The instrument used to achieve this was to maintain a Minimum Requirement Reserve (MRR), MMA CDs, T-Bills, Repo Facility, Lombard facility and Rediscount facilities. These tools are used to control the money supply within the economy. When the economy moves into a contraction period these policies aim at increasing the money supply within the economy. For instance, when the economy faced a contraction in the aftermath of tsunami, MMA increased the money supply by selling T-Bills to finance the large investments of the government and the MMR was reduced thus, increasing the money supply in the economy. When the money supply increases and interest rates fall, the consumer spending increases increasing the demand for goods and services. However, in recent years, especially during 2008 and 2009, monetary policy instruments were mainly used to provide short credit facility to the government leading to rapid increase in money supply resulting with a high inflation and a shortage of foreign exchange. 3.2 Sri Lanka During the year 2001 Sri Lanka experienced a negative economic growth rate since 1948. To recover and achieve a high economic growth, Central bank started and continued to use fiscal consolidation process, increasing public investments, strengthening debt management and restructuring public enterprises. More over efforts were taken to reduce recurrent expenditures, setting up low interest rates hoping to reduce interest cost. Countrys total external reserve increased and stabilized the exchange rate enabling the central bank to purchase foreign exchange from the market. To improve domestic rupee liquidity central bank purchased foreign currency and shifted entire interest rate structure downward. In order to avoid cost push inflation, government increased the number of controlled price level. All these policies led to speed up economic growth of the country at the end of 2002. And to maintain this growth, government continued fiscal consolidation policies and tight monetary policy. A nd to gain a sufficient surplus balance on BOP some imports were controlled by imposing marginal requirements against letter of credit. In 2007 fiscal debt and public debt continue to improve despite the lower revenue collection during the year. These were achieved by rising defense expenditure, domestic interest rates, tax and duties. Government was able to reduce deficit financing from domestic banking sources. Government opted to switch more external borrowings in response unpredictable and rising domestic market interest rates. Conclusion As we observe economic trends of these two countries, both countries had fluctuations on their economic growth. As two countries are developing countries, fluctuations on their economy are mainly related to world economy. Reflections of natural disasters are the second major factor that caused slowdowns in the economic growth of these countries. Terrorist attack on 11th September 2001 and Tsunami disaster caused economic downturns for both countries. During the periods of recession and contraction, the central banks used several policies to recover their economy. Even though central bank of Maldives uses only monetary policies to sustain their economy, government of Sri Lanka used both fiscal and monetary policies to retain their favorable economic position. Appendices

Censorship of Music Essay -- social issues

Censorship of Music In today's society, all types of music artists are expressing their views, opinions and feelings in their songs about what they see and what they know. This is on of the great things about this country, the freedom to express yourself. It is not fair, nor is it constitutional that music should be censored in anyway. It is not only rap music trying to be censored it is in all types of music. They are taking away their rights and it isn't fair. As reported in the New York Times. "Wall-Mart CD standards are Changing Pop Music", Wal-Mart and other large department stores sell CD's by your favorite artists which are not what your favorite artists originally created. Some retailers refuse to carry CDs with "Parental Advisory Stickers", a few also go as far as to make it known to labels and artists that if the CD comes to their shelves with a "dirty" word, a "controversial" cover, or an "explicit" lyric it will not be allowed on the shelves. Some of the artists include Nirvana, Beck, John Mellencamp and the list goes on. (Internet ultratnet) The most recent case involving Wal-Mart and censorship, was the new Sheryl Crow album. A song on the album which lashes the company for selling guns that end up in the wrong hands as caused the company to ban the album in stores. (Schruers 64) Delores Tucker, William Bennett, Senator Joseph Lieberman, and Senator Sam Nunn held a press conference in Washington D.C. The message: censor obscene music and censor "pro-drug lyrics". These censors announced their plan to pressure major record companies to discontinue production of what they called "obscene" music and music which contains " blatantly pro-drug lyrics. All of the CDs targeted as "obscene" already carry RIAA Parental Advisory Labels. Parents are already provided with the information they need if they choose to monitor their children's musical selections. Discontinuing production of this music takes the freedom of expression away form everyone- musicians and fans of every age. (Internet ultranet) The increas ing controversy surrounding rap music, with its rough-edged lyrics about sex and violence, has prompted two very different responses from black oriented radio stations in New York and Los Angeles. Two stations WBLS New York and KACE in Los Angeles, have announced they wont play the roughest and most offensive songs. A third station WPWR opted... ... of their age. I always tell them that if you want to keep listening to the music that you enjoy, starting today you have to learn to fight back. If you don't fight for your own freedom, no one is going to give it to you". (Internet xnet). Morello believes and I agree, speech and expression are being shackled in the U.S., and she puts much of the blame on the current political climate. " Cenosorship is coming down now harder then it has before. " she says. " Look at the Congress we have, trying to take funds away from the National Endowment for the arts, trying to kill public television. They must be living in the Dark Ages." (Internet xnet). After reaserching music censorship and supporting anti-censorship organizations, I realize that there is much wrok to be done to get free speech. There will always be someone or some group to stand aganist what you believe. I think the only way to really gain full freedom of speech is to fight and not give up. I think that the more people realize that rights are being violated, the more people will support the anit-censorship groups. I believe that people who do support these groups should really get involved. It is the only way we can win.

The Avocado Essay -- Botany

The Avocado The avocado is a member of the Laurel family, Lauraceae. Other members of this family include sweet bay, cinnamon, camphor and sassafras. In Central America several wild species of Persea grow. It has been concluded that cultivated forms must have been developed in Mexico and Guatemala at a very early stage of mans history. Two native names for the avocado are still used in America. The nahuatel term was "ahua-cacua-huitle" from which other Central American names like ahuacatl (which is the common Aztec idiom) alcuahte and aquacate have been either derived or shortened. Corruptions of the original name include "abacata" (Portugese) and "alligator" (English) pear. In South America the fruit is called "Palta" derived from the Indian tribe of Ecuador inhabiting the province Palta. Archeological diggings prove it to have been introduced into the Tehuacan area of S. Central Mexico before 7000 possibly as long as 10,000 BC; from a more humid habitat. Remains of avocados came from almost all levels of the Coxatlan cave, beginning with the phase labeled Ajverado (before ?000 BC). The influence of selection on fruit size is not evident until the Santa Maria phase, represented by artifacts from between 900-200 BC. There was evidence that the tree was not only in cultivation, but that it had been actively selected for increase in the fruits size sufficiently long to prevent the large fruited forms from being completely swamped by the wild, small fruited forms since a System of open pollination must have prevailed at the time. Since it takes about seven years for a seedling avocado to bear fruit and the trees continue to bear for about 70 years or longer, the period of selection prior to the demonstration of larger cotyle... ...estroys small roots and can kill a plant. Avocados have had an important role to play in the history of man since men started leaving some sort of foraging trail. In the last 100 years the evolution of the tree as a crop plant has proven to reward us with a diverse selection of potential traits which will be exploited to their fullest potential, if we are all lucky. References The Prehistory of the Tehuacan Valley Vol. I, Douglas S. Byers, 1967. pg 230-240. Tropical Crops, Purseglove, 1974. pg 193-198. Handbook of Tropical Food Crops, Franklin W. Martin, 1984. pg 247-249. Edible Plants of the World, E. Lewis Sturtevant, 1972. pg 414. Useful Plants of Neotropical Origin and Their Wild Relatives, Heinz Brucher, 1985. pg 229-231. Useful Plants of Brazil, Mors and Rizzini, 1966. pg 25. Origin of Cultivated Plants, DeCandolle, 1959. pg 292.

All of the psychoanalyst Essay

Psychoanalytic – Freud- Psychoanalytical theory was formulated by Freud based on how the human mind functions. He believed that there were factors outside of the individual person’s awareness (unconscious thoughts, feelings and experiences) that influence their emotions, behaviour and actions, and that their past experiences, and their future. The Psychoanalytical Theory highlights the importance of the unconscious mental processes and childhood development issues as they relate to childish impulses, childish wishes, juvenile desires and the anxiety of reality. The Psychoanalytical Theory is also based on the idea that a person’s personality is formed throughout the childhood years, that children go through certain stages at certain points of their childhood and depending on how well the child copes with each of these stages, their adult personality will be affected. This influences current practise as Freud’s observations into the link between our unconscious actions and our mind are still seen as beneficial. Psychoanalytic – Freud- Psychoanalytical theory was formulated by Freud based on how the human mind functions. He believed that there were factors outside of the individual person’s awareness (unconscious thoughts, feelings and experiences) that influence their emotions, behaviour and actions, and that their past experiences, and their future. The Psychoanalytical Theory highlights the importance of the unconscious mental processes and childhood development issues as they relate to childish impulses, childish wishes, juvenile desires and the anxiety of reality. The Psychoanalytical Theory is also based on the idea that a person’s personality is formed throughout the childhood years, that children go through certain stages at certain points of their childhood and depending on how well the child copes with each of these stages, their adult personality will be affected. This influences current practise as Freud’s observations into the link between our unconscious actions and our mind are still seen as beneficial. Psychoanalytic – Freud- Psychoanalytical theory was formulated by Freud based on how the human mind functions. He believed that there were factors outside of the individual person’s awareness (unconscious thoughts, feelings and experiences) that influence their emotions, behaviour and actions, and that  their past experiences, and their future. The Psychoanalytical Theory highlights the importance of the unconscious mental processes and childhood development issues as they relate to childish impulses, childish wishes, juvenile desires and the anxiety of reality. The Psychoanalytical Theory is also based on the idea that a person’s personality is formed throughout the childhood years, that children go through certain stages at certain points of their childhood and depending on how well the child copes with each of these stages, their adult personality will be affected. This influences current practise as Freud’s observations into the link between our unconscious actions and our mind are still seen as beneficial. Psychoanalytic – Freud- Psychoanalytical theory was formulated by Freud based on how the human mind functions. He believed that there were factors outside of the individual person’s awareness (unconscious thoughts, feelings and experiences) that influence their emotions, behaviour and actions, and that their past experiences, and their future. The Psychoanalytical Theory highlights the importance of the unconscious mental processes and childhood development issues as they relate to childish impulses, childish wishes, juvenile desires and the anxiety of reality. The Psychoanalytical Theory is also based on the idea that a person’s personality is formed throughout the childhood years, that children go through certain stages at certain points of their childhood and depending on how well the child copes with each of these stages, their adult personality will be affected. This influences current practise as Freud’s observations into the link between our unconscious actions and our mind are still seen as beneficial. Psychoanalytic – Freud- Psychoanalytical theory was formulated by Freud based on how the human mind functions. He believed that there were factors outside of the individual person’s awareness (unconscious thoughts, feelings and experiences) that influence their emotions, behaviour and actions, and that their past experiences, and their future. The Psychoanalytical Theory highlights the importance of the unconscious mental processes and childhood development issues as they relate to childish impulses, childish wishes, juvenile desires and the anxiety of reality. The Psychoanalytical Theory is also based on the idea that a person’s personality is formed throughout the  childhood years, that children go through certain stages at certain points of their childhood and depending on how well the child copes with each of these stages, their adult personality will be affected. This influences current practise as Freud’s observations into the link between our unconscious actions and our mind are still seen as beneficial. Psychoanalytic – Freud- Psychoanalytical theory was formulated by Freud based on how the human mind functions. He believed that there were factors outside of the individual person’s awareness (unconscious thoughts, feelings and experiences) that influence their emotions, behaviour and actions, and that their past experiences, and their future. The Psychoanalytical Theory highlights the importance of the unconscious mental processes and childhood development issues as they relate to childish impulses, childish wishes, juvenile desires and the anxiety of reality. The Psychoanalytical Theory is also based on the idea that a person’s personality is formed throughout the childhood years, that children go through certain stages at certain points of their childhood and depending on how well the child copes with each of these stages, their adult personality will be affected. This influences current practise as Freud’s observations into the link between our unconscious actions and our mind are still seen as beneficial. Psychoanalytic – Freud- Psychoanalytical theory was formulated by Freud based on how the human mind functions. He believed that there were factors outside of the individual person’s awareness (unconscious thoughts, feelings and experiences) that influence their emotions, behaviour and actions, and that their past experiences, and their future. The Psychoanalytical Theory highlights the importance of the unconscious mental processes and childhood development issues as they relate to childish impulses, childish wishes, juvenile desires and the anxiety of reality. The Psychoanalytical Theory is also based on the idea that a person’s personality is formed throughout the childhood years, that children go through certain stages at certain points of their childhood and depending on how well the child copes with each of these stages, their adult personality will be affected. This influences current practise as Freud’s observations into the link between our unconscious actions and our mind are still seen as beneficial. Psychoanalytic – Freud- Psychoanalytical theory was formulated by Freud based on how the human mind functions. He believed that there were factors outside of the individual person’s awareness (unconscious thoughts, feelings and experiences) that influence their emotions, behaviour and actions, and that their past experiences, and their future. The Psychoanalytical Theory highlights the importance of the unconscious mental processes and childhood development issues as they relate to childish impulses, childish wishes, juvenile desires and the anxiety of reality. The Psychoanalytical Theory is also based on the idea that a person’s personality is formed throughout the childhood years, that children go through certain stages at certain points of their childhood and depending on how well the child copes with each of these stages, their adult personality will be affected. This influences current practise as Freud’s observations into the link between our unconscious actions and our mind are still seen as beneficial. Psychoanalytic – Freud- Psychoanalytical theory was formulated by Freud based on how the human mind functions. He believed that there were factors outside of the individual person’s awareness (unconscious thoughts, feelings and experiences) that influence their emotions, behaviour and actions, and that their past experiences, and their future. The Psychoanalytical Theory highlights the importance of the unconscious mental processes and childhood development issues as they relate to childish impulses, childish wishes, juvenile desires and the anxiety of reality. The Psychoanalytical Theory is also based on the idea that a person’s personality is formed throughout the childhood years, that children go through certain stages at certain points of their childhood and depending on how well the child copes with each of these stages, their adult personality will be affected. This influences current practise as Freud’s observations into the link between our unconscious actions and our mind are still seen as beneficial. Psychoanalytic – Freud- Psychoanalytical theory was formulated by Freud based on how the human mind functions. He believed that there were factors outside of the individual person’s awareness (unconscious thoughts, feelings and experiences) that influence their emotions, behaviour and actions, and that  their past experiences, and their future. The Psychoanalytical Theory highlights the importance of the unconscious mental processes and childhood development issues as they relate to childish impulses, childish wishes, juvenile desires and the anxiety of reality. The Psychoanalytical Theory is also based on the idea that a person’s personality is formed throughout the childhood years, that children go through certain stages at certain points of their childhood and depending on how well the child copes with each of these stages, their adult personality will be affected. This influences current practise as Freud’s observations into the link between our unconscious actions and our mind are still seen as beneficial. Psychoanalytic – Freud- Psychoanalytical theory was formulated by Freud based on how the human mind functions. He believed that there were factors outside of the individual person’s awareness (unconscious thoughts, feelings and experiences) that influence their emotions, behaviour and actions, and that their past experiences, and their future. The Psychoanalytical Theory highlights the importance of the unconscious mental processes and childhood development issues as they relate to childish impulses, childish wishes, juvenile desires and the anxiety of reality. The Psychoanalytical Theory is also based on the idea that a person’s personality is formed throughout the childhood years, that children go through certain stages at certain points of their childhood and depending on how well the child copes with each of these stages, their adult personality will be affected. This influences current practise as Freud’s observations into the link between our unconscious actions and our mind are still seen as beneficial. Psychoanalytic – Freud- Psychoanalytical theory was formulated by Freud based on how the human mind functions. He believed that there were factors outside of the individual person’s awareness (unconscious thoughts, feelings and experiences) that influence their emotions, behaviour and actions, and that their past experiences, and their future. The Psychoanalytical Theory highlights the importance of the unconscious mental processes and childhood development issues as they relate to childish impulses, childish wishes, juvenile desires and the anxiety of reality. The Psychoanalytical Theory is also based on the idea that a person’s personality is formed throughout the  childhood years, that children go through certain stages at certain points of their childhood and depending on how well the child copes with each of these stages, their adult personality will be affected. This influences current practise as Freud’s observations into the link between our unconscious actions and our mind are still seen as beneficial. Psychoanalytic – Freud- Psychoanalytical theory was formulated by Freud based on how the human mind functions. He believed that there were factors outside of the individual person’s awareness (unconscious thoughts, feelings and experiences) that influence their emotions, behaviour and actions, and that their past experiences, and their future. The Psychoanalytical Theory highlights the importance of the unconscious mental processes and childhood development issues as they relate to childish impulses, childish wishes, juvenile desires and the anxiety of reality. The Psychoanalytical Theory is also based on the idea that a person’s personality is formed throughout the childhood years, that children go through certain stages at certain points of their childhood and depending on how well the child copes with each of these stages, their adult personality will be affected. This influences current practise as Freud’s observations into the link between our unconscious actions and our mind are still seen as beneficial. Psychoanalytic – Freud- Psychoanalytical theory was formulated by Freud based on how the human mind functions. He believed that there were factors outside of the individual person’s awareness (unconscious thoughts, feelings and experiences) that influence their emotions, behaviour and actions, and that their past experiences, and their future. The Psychoanalytical Theory highlights the importance of the unconscious mental processes and childhood development issues as they relate to childish impulses, childish wishes, juvenile desires and the anxiety of reality. The Psychoanalytical Theory is also based on the idea that a person’s personality is formed throughout the childhood years, that children go through certain stages at certain points of their childhood and depending on how well the child copes with each of these stages, their adult personality will be affected. This influences current practise as Freud’s observations into the link between our unconscious actions and our mind are still seen as beneficial. Psychoanalytic – Freud- Psychoanalytical theory was formulated by Freud based on how the human mind functions. He believed that there were factors outside of the individual person’s awareness (unconscious thoughts, feelings and experiences) that influence their emotions, behaviour and actions, and that their past experiences, and their future. The Psychoanalytical Theory highlights the importance of the unconscious mental processes and childhood development issues as they relate to childish impulses, childish wishes, juvenile desires and the anxiety of reality. The Psychoanalytical Theory is also based on the idea that a person’s personality is formed throughout the childhood years, that children go through certain stages at certain points of their childhood and depending on how well the child copes with each of these stages, their adult personality will be affected. This influences current practise as Freud’s observations into the link between our unconscious actions and our mind are still seen as beneficial. Psychoanalytic – Freud- Psychoanalytical theory was formulated by Freud based on how the human mind functions. He believed that there were factors outside of the individual person’s awareness (unconscious thoughts, feelings and experiences) that influence their emotions, behaviour and actions, and that their past experiences, and their future. The Psychoanalytical Theory highlights the importance of the unconscious mental processes and childhood development issues as they relate to childish impulses, childish wishes, juvenile desires and the anxiety of reality. The Psychoanalytical Theory is also based on the idea that a person’s personality is formed throughout the childhood years, that children go through certain stages at certain points of their childhood and depending on how well the child copes with each of these stages, their adult personality will be affected. This influences current practise as Freud’s observations into the link between our unconscious actions and our mind are still seen as beneficial. Psychoanalytic – Freud- Psychoanalytical theory was formulated by Freud based on how the human mind functions. He believed that there were factors outside of the individual person’s awareness (unconscious thoughts, feelings and experiences) that influence their emotions, behaviour and actions, and that  their past experiences, and their future. The Psychoanalytical Theory highlights the importance of the unconscious mental processes and childhood development issues as they relate to childish impulses, childish wishes, juvenile desires and the anxiety of reality. The Psychoanalytical Theory is also based on the idea that a person’s personality is formed throughout the childhood years, that children go through certain stages at certain points of their childhood and depending on how well the child copes with each of these stages, their adult personality will be affected. This influences current practise as Freud’s observations into the link between our unconscious actions and our mind are still seen as beneficial. Psychoanalytic – Freud- Psychoanalytical theory was formulated by Freud based on how the human mind functions. He believed that there were factors outside of the individual person’s awareness (unconscious thoughts, feelings and experiences) that influence their emotions, behaviour and actions, and that their past experiences, and their future. The Psychoanalytical Theory highlights the importance of the unconscious mental processes and childhood development issues as they relate to childish impulses, childish wishes, juvenile desires and the anxiety of reality. The Psychoanalytical Theory is also based on the idea that a person’s personality is formed throughout the childhood years, that children go through certain stages at certain points of their childhood and depending on how well the child copes with each of these stages, their adult personality will be affected. This influences current practise as Freud’s observations into the link between our unconscious actions and our mind are still seen as beneficial. Psychoanalytic – Freud- Psychoanalytical theory was formulated by Freud based on how the human mind functions. He believed that there were factors outside of the individual person’s awareness (unconscious thoughts, feelings and experiences) that influence their emotions, behaviour and actions, and that their past experiences, and their future. The Psychoanalytical Theory highlights the importance of the unconscious mental processes and childhood development issues as they relate to childish impulses, childish wishes, juvenile desires and the anxiety of reality. The Psychoanalytical Theory is also based on the idea that a person’s personality is formed throughout the  childhood years, that children go through certain stages at certain points of their childhood and depending on how well the child copes with each of these stages, their adult personality will be affected. This influences current practise as Freud’s observations into the link between our unconscious actions and our mind are still seen as beneficial. Psychoanalytic – Freud- Psychoanalytical theory was formulated by Freud based on how the human mind functions. He believed that there were factors outside of the individual person’s awareness (unconscious thoughts, feelings and experiences) that influence their emotions, behaviour and actions, and that their past experiences, and their future. The Psychoanalytical Theory highlights the importance of the unconscious mental processes and childhood development issues as they relate to childish impulses, childish wishes, juvenile desires and the anxiety of reality. The Psychoanalytical Theory is also based on the idea that a person’s personality is formed throughout the childhood years, that children go through certain stages at certain points of their childhood and depending on how well the child copes with each of these stages, their adult personality will be affected. This influences current practise as Freud’s observations into the link between our unconscious actions and our mind are still seen as beneficial. Psychoanalytic – Freud- Psychoanalytical theory was formulated by Freud based on how the human mind functions. He believed that there were factors outside of the individual person’s awareness (unconscious thoughts, feelings and experiences) that influence their emotions, behaviour and actions, and that their past experiences, and their future. The Psychoanalytical Theory highlights the importance of the unconscious mental processes and childhood development issues as they relate to childish impulses, childish wishes, juvenile desires and the anxiety of reality. The Psychoanalytical Theory is also based on the idea that a person’s personality is formed throughout the childhood years, that children go through certain stages at certain points of their childhood and depending on how well the child copes with each of these stages, their adult personality will be affected. This influences current practise as Freud’s observations into the link between our unconscious actions and our mind are still seen as beneficial. Psychoanalytic – Freud- Psychoanalytical theory was formulated by Freud based on how the human mind functions. He believed that there were factors outside of the individual person’s awareness (unconscious thoughts, feelings and experiences) that influence their emotions, behaviour and actions, and that their past experiences, and their future. The Psychoanalytical Theory highlights the importance of the unconscious mental processes and childhood development issues as they relate to childish impulses, childish wishes, juvenile desires and the anxiety of reality. The Psychoanalytical Theory is also based on the idea that a person’s personality is formed throughout the childhood years, that children go through certain stages at certain points of their childhood and depending on how well the child copes with each of these stages, their adult personality will be affected. This influences current practise as Freud’s observations into the link between our unconscious actions and our mind are still seen as beneficial. Psychoanalytic – Freud- Psychoanalytical theory was formulated by Freud based on how the human mind functions. He believed that there were factors outside of the individual person’s awareness (unconscious thoughts, feelings and experiences) that influence their emotions, behaviour and actions, and that their past experiences, and their future. The Psychoanalytical Theory highlights the importance of the unconscious mental processes and childhood development issues as they relate to childish impulses, childish wishes, juvenile desires and the anxiety of reality. The Psychoanalytical Theory is also based on the idea that a person’s personality is formed throughout the childhood years, that children go through certain stages at certain points of their childhood and depending on how well the child copes with each of these stages, their adult personality will be affected. This influences current practise as Freud’s observations into the link between our unconscious actions and our mind are still seen as beneficial. Psychoanalytic – Freud- Psychoanalytical theory was formulated by Freud based on how the human mind functions. He believed that there were factors outside of the individual person’s awareness (unconscious thoughts, feelings and experiences) that influence their emotions, behaviour and actions, and that  their past experiences, and their future. The Psychoanalytical Theory highlights the importance of the unconscious mental processes and childhood development issues as they relate to childish impulses, childish wishes, juvenile desires and the anxiety of reality. The Psychoanalytical Theory is also based on the idea that a person’s personality is formed throughout the childhood years, that children go through certain stages at certain points of their childhood and depending on how well the child copes with each of these stages, their adult personality will be affected. This influences current practise as Freud’s observations into the link between our unconscious actions and our mind are still seen as beneficial. Psychoanalytic – Freud- Psychoanalytical theory was formulated by Freud based on how the human mind functions. He believed that there were factors outside of the individual person’s awareness (unconscious thoughts, feelings and experiences) that influence their emotions, behaviour and actions, and that their past experiences, and their future. The Psychoanalytical Theory highlights the importance of the unconscious mental processes and childhood development issues as they relate to childish impulses, childish wishes, juvenile desires and the anxiety of reality. The Psychoanalytical Theory is also based on the idea that a person’s personality is formed throughout the childhood years, that children go through certain stages at certain points of their childhood and depending on how well the child copes with each of these stages, their adult personality will be affected. This influences current practise as Freud’s observations into the link between our unconscious actions and our mind are still seen as beneficial. Psychoanalytic – Freud- Psychoanalytical theory was formulated by Freud based on how the human mind functions. He believed that there were factors outside of the individual person’s awareness (unconscious thoughts, feelings and experiences) that influence their emotions, behaviour and actions, and that their past experiences, and their future. The Psychoanalytical Theory highlights the importance of the unconscious mental processes and childhood development issues as they relate to childish impulses, childish wishes, juvenile desires and the anxiety of reality. The Psychoanalytical Theory is also based on the idea that a person’s personality is formed throughout the  childhood years, that children go through certain stages at certain points of their childhood and depending on how well the child copes with each of these stages, their adult personality will be affected. This influences current practise as Freud’s observations into the link between our unconscious actions and our mind are still seen as beneficial. Psychoanalytic – Freud- Psychoanalytical theory was formulated by Freud based on how the human mind functions. He believed that there were factors outside of the individual person’s awareness (unconscious thoughts, feelings and experiences) that influence their emotions, behaviour and actions, and that their past experiences, and their future. The Psychoanalytical Theory highlights the importance of the unconscious mental processes and childhood development issues as they relate to childish impulses, childish wishes, juvenile desires and the anxiety of reality. The Psychoanalytical Theory is also based on the idea that a person’s personality is formed throughout the childhood years, that children go through certain stages at certain points of their childhood and depending on how well the child copes with each of these stages, their adult personality will be affected. This influences current practise as Freud’s observations into the link between our unconscious actions and our mind are still seen as beneficial.