Civil War and Reconstruction

The America we know today is a very different place than the America this country once knew during the Reconstruction period. In today’s society everybody has equal rights and opportunities to do as they please. People today have a right to do basically anything there heart desires, but years ago it was a different story. African Americans didn’t have many rights at all. The people and groups involved in Reconstruction had many different ideas for freedom and equality. In 1861 the Civil War broke out and became and on going battle for the next four years. At the end of the war 600,000 people were dead and four million slaves were freed. After the war Abraham Lincoln’s plan for Reconstruction began. With this plan Lincoln’s main goal was to bring the North and South together and bring the South back into the Union. The Civil War ended in 1865 and that same year on April 15th Lincoln was assassinated. After Lincoln’s death the 13th amendment was ratified on December 6th 1865. This amendment abolished slavery in the United States, but at the same time it still didn’t make it easy for African Americans to succeed in America. This struggle for African Americans was told in an interview of Felix Haywood a former slave from San Antonio, Texas. The slaves at that time believed that when they became free that they would become wealthier than the white people and all their worries would disappear. â€Å"We thought we was going to be richer than the white folks, ‘cause we was stronger and knowed how to work, and the whites didn’t, and they didn’t have us to work with them anymore. But it didn’t turn out that way. We soon found out that freedom could make folks proud, but it didn’t make ‘em rich. 1 Another interview with Warren McKinney a former slave from Hazen, Arkansas McKinney explains how tough it was for his people to cope with freedom. â€Å"The government gave out rations there. My ma washed and ironed. People died in piles. I don’t know till yet what was the matter. They said it was the change of living. †2 African Americans were now free from slave ry, but in a sense it was even tougher for them to survive because they were on there own. They had no money for food or a house, no education, and there were many restrictions on what African Americans could do. Many White people during Reconstruction had intentions of controlling and restricting African Americans. In many southern states â€Å"black codes† were enforced. These codes did just that. The Louisiana black codes Section 8 â€Å"No freedman shall sell, barter, or exchange any articles of merchandise or traffic within the limits of Opelousas without special permission of his employer, in writing, and approved by the mayor or president of the board. †3 It was almost like Louisiana and several other southern states with black codes treated African American people like children. Another example of a black code, Section 3 â€Å"No negro or freedman shall be permitted to rent or keep a house within the limits of the town under any circumstances, and any one thus offending shall be ejected and compelled to find an employer or leave the town within twenty four hours. †4 Anytime African Americans wanted to do something they always needed permission from the mayor or president of the board. The White people wanted to seclude them from white society, but at the same time still wanted to control there every move. Whether it was the location of where they wanted to buy a house, or the time and reason in which they were in the local town, there were always restrictions and severe punishments. After Lincoln’s assassination Andrew Johnson was appointed president. Johnson was a former democrat turned republican. He was born in the northern part of Tennessee. Growing up he was poor and didn’t get a great education so he could barley read or write. He was a racist tailor who hated rich people. While in office Johnson’s main intention was to keep black people oppressed. His Restoration plan pardons restored property, granted pardons to rich and confederate officials, gave no provisions or protections for freedmen, and the southern whites started voting again and gained control of local governments. Johnson would do anything to keep the blacks down, he vetoed the Civil Rights Act which gave African Americans citizenship and guarantee of equal rights. He then vetoed the Freemen’s Bureau which wanted to provide aid to African Americans who needed medicine, food, housing, and a right to an education. At this time the Radical Republicans had enough and in 1866 became the majority in Congress. The Congress eventually overrides Johnson’s vetos. The Radicals wanted equality for the black people and in 1867 Radical Reconstruction began. Congressman Thaddeus Stevens states â€Å"everyman, no matter what his race or color; every earthly being who has an immortal soul, has an equal right to justice, honesty, and fair play with every other man; and the law should secure him those rights. †1 Stevens is basically saying all men are created equally, but at the same time he also suggests that it is up to the white man to decide for himself whether or not to associate himself with African Americans and it isn’t in the hands of the law. After Steven’s doctrine in 1867 the Radicals had control of Congress and they were soon able to impeach President Johnson. Being that Johnson was impeached and the Radical Republicans were the majority in Congress it still didn’t seem like the future was any brighter for African Americans. Wide spread Anti-Black violence began. Groups like the Ku Klux Klan formed. They began lynching blacks, raping their women, burning down there schools and churches. Elias Hill, an African American man, recounts a nighttime visit from the Ku Klux Klan in 1871. â€Å"He had a horsewhip, and he told me to pull up my shirt, and he hit me. He told me at every lick, â€Å"Hold up your shirt. † I made a moan every time he cut with the horsewhip. I reckon he struck me eight cuts right on the hip bone. †1 For Elias the KKK was always a threat to him and his family, just as they were to all African Americans. The people and groups involved in Reconstruction had many different ideas for freedom and equality. There were presidents like Lincoln who wanted to help African Americans and on the other hand there was Johnson who wanted nothing more then to keep them as slaves and did everything in his power to keep it that way. Then there were political parties like the Radical Republicans who also wanted to see threw with slavery and lend aid to African Americans and then you had organizations like the KKK causing extreme violent acts towards African Americans. There is no question that the Reconstruction period was a chaotic time where people had to struggle with freedom and equality and today in the United States of America people might be free, but I still think that there are some forms of inequality.

Kant VS Mill

Immanuel Kant was born in April 1724 to a craftsman named Johann George Kant and Anna Regina Porter (Bennagen, 2000). He was trained more in Latin and Religion subjects as compared with science and mathematics consequently forming his concepts and ideas with regards to moral philosophy technically referred to as ‘deontology’ which actually reiterates that an act should only be carried out based on the an individuals’ responsibilities (Bennagen, 2000).John Stuart MillJohn Stuart Mill was born in May 1906 to Harriet Barrow and a well known philosopher, James Mill (Bennagen, 2000). Being exposed to Greek when he was only three years old, Latin when he was eight, he was extremely brilliant, so intelligent that he acquired Greek Literature, Philosophy, Chemistry, Botany, Psychology and law before he turned eighteen years old (Bennagen, 2000).Furthermore, he is accountable for systematically putting together the utilitarian thoughts/concepts/ideas of his father and his father’s friend Jeremy Bentham (Bennagen, 2000). This is where Jeremy Bentham argues and reiterates that actions are correct only if they are inclined to bring into being the utmost happiness for the greatest number of people (Bennagen, 2000). This is simply because advocates of utilitarianism believe that happiness is the main criteria for doing something right or wrong, meaning if something is done and pleasure resulted from it then it is right, however, if pain was brought about from it then surely, it is wrong (Bennagen, 2000).Major Similarities in their Ethical SystemImmanuel Kant and John Stuart Mill’ ethical systems have similarities and these are the following:In act utilitarianism, laws are not taken into consideration as long as the act is said to have brought about happiness to most individuals then it is right (Bennagen, 2000). The same is true with deontology wherein duty is the basis for a right act which means that even if it means breaking the law just as long as the responsibility is fulfilled then the act is definitely right (Bennagen, 2000).  In addition, both cannot always be utilized as a guide to morals (Bennagen, 2000). There are several cases where a decision made based on utilitarianism or deontology fails (Bennagen, 2000).Major Differences in their Ethical SystemThere are differences between the ethical systems of Immanuel Kant and John Stuart Mill and some of these are the following:In terms of goal, Immanuel Kant’s deontological theory’s goal is to fulfill a certain duty, whereas, John Stuart Mill’s utilitarianism’s goal is to achieve happiness (Bennagen, 2000). This is clearly evident in the definition of the deontological theory which says that individuals ought to stick to their responsibilities in evaluating a moral quandary (Bennagen, 2000). Same is true with the technical definition of utilitarianism where it states that, in an assessment of an ethical issue, the alternative that wil l result in the greatest happiness to the most number of people is the option that is ethically right (Bennagen, 2000).Also, rule utilitarianism considers the law and fairness in finally making an act which is said to be right (Bennagen, 2000). Here, an individual who is about to make an act seriously thinks about making the most number of individuals experience pleasure through fair and just means (Bennagen, 2000). Furthermore, it gives importance to justice, as well as, beneficence (Bennagen, 2000). By justice here, we mean, that everyone involved in the situation are treated fairly, on the other hand, by beneficence, we mean, doing what is good, in opposition to what is evil (Bennagen, 2000). The aforementioned defies deontology in such a way that it does not involve justice and beneficence in it, rather it only focuses on fulfilling the ‘duty’, whether or not it is fair or just to everybody involved (Bennagen, 2000).Major Criticisms for Kant’s TheoryThere are also criticisms for Kant’s Theory and some of these are the following:First of all, since deontology is all about sticking to responsibilities, its rationale or logic is being questioned for it (Bennagen, 2000). For instance, how will individual duties would be defined (Bennagen, 2000)? If for example, if personally I consider my family as my first priority every time and it so happened that I am being called by my supervisor for an urgent or emergency meeting, would it be considered not doing my duty if I go to this emergency meeting that my supervisor has ordered (Bennagen, 2000). Another example is the fact that, citizens have to maintain a certain driving speed, however, an individual is running late for a qualifying exam in medicine, which is a make or break exam for him, would it be considered as not doing his duty if he went a little speedy just to make it to his exam, which is a personal duty for him in the first place. Very clearly, through the aforementioned exampl es, there are no limits or boundaries to this so called duty making it critical, even questionable, as an ethical theory (Bennagen, 2000).Secondly, obviously it is not extremely useful or helpful in making decisions since it is not applicable in all situations, as seen in the examples above (Bennagen, 2000).Last but not least, it is also being criticized because of its self-centeredness simply because it does not really consider the well-being of others (Bennagen, 2000). Going back to the aforementioned examples, it shows that deontology tends to take a certain side wherein the other side not chosen is left unprotected in terms of its welfare (Bennagen, 2000).Major Criticisms for Mills’ TheoryThe criticisms for utilitarianism include the following:First of all, in making a decision using the utilitarianism, it does not always achieve its goal of the experience of the utmost number of people of the greatest pleasure (Bennagen, 2000). If the head of the family decide to unleash his dog in his yard at night to make sure that no one will jump over his fence and to make sure untoward incidences in his home are avoided which may consequently hurt his family, but unfortunately the dog got out of his yard and went over the neighbor’s yard and destroyed the flowers in the garden (Bennagen, 2000)? This means that instead of his family being happy being they were well guarded, other people were terribly disappointed, disturbed, and definitely did not experience happiness as should be the outcome of utilizing utilitarianism as a technique in making ethical decisions (Bennagen, 2000).Secondly, many people criticize utilitarianism for its inadequacy of common sense (Bennagen, 2000). For example, would you give up the one you really love just because your best friend loves him too and for the reason that your family does not like him for you (Bennagen, 2000)? Your best friend will turn out happy and so will your family which complies with the technical definiti on of utilitarianism involving utmost happiness experienced by the greatest number of individuals (Bennagen, 2000). The questions however are ‘what about you’, ‘where is the common sense in that’, and ‘is selflessness common sense’ (Bennagen, 2000)?Thirdly, happiness is undefined here in utilitarianism (Bennagen, 2000). For example, a customer service representative at a certain company has been reported to be sleeping on the job (Bennagen, 2000). Utilizing utilitarianism, the act has been carried out: 1) to correct the mistake of the customer service representative; 2) to serve better more consumers; and 3) to improve the company’s services and be appreciated by more clients (Bennagen, 2000). This may result in happiness for the consumers and the management; however typically, this will not bring in pleasure to the customer service representative being complained about (Bennagen, 2006). This only proves that an act may not always bring in happiness through the use of utilitarianism in carrying out an act (Bennagen, 2000).Last but not least, utilitarianism is being questioned because it violates human rights (Bennagen, 2000). For example, if a Bill is submitted by a minority group leader to be passed as a Law, and will not qualify as a Law simply because majority did not vote for it, then this may jeopardize the rights and happiness of the so called minority groups (Bennagen, 2000). This then may also be justified as an act which is right since happiness is being experienced by the most number of individuals though several people are suffering as well (Bennagen, 2000).ReferenceBennagen, P. (2000). Social Economic and Political Thought. Quezon City: UPOU

Vision and Mission of Japan Airline Group Essay

Vision and Mission of Japan Airline Group - Essay Example It embraces complying with environmental laws and regulations, promoting efficient use of energy and resources, waste reduction and recycling, selecting environment-friendly products, and social contributions. The Japan Airlines Group Code of Conduct clearly articulates the values that the company pursues with regard to different aspects of its business activities. On the other hand, the group’s vision statement, although stating how the company sees its development and emphasizing global expansion, specifics of the supporting industry, and focus on differentiation, would benefit from more precise and quantifiable approach to what the Japan Airlines want to become. For instance, their vision statement may be â€Å"to become the world leading company in terms of safety† or â€Å"#1 Airline in the flights within Asian region†. The mission statement of the JAL Group is as follows: â€Å"Proud to be the largest domestic network in the industry, we bring peoples, their cultures and their hearts closer together, contributing to peace and prosperity in Japan and beyond. All this is predicated on a relentless commitment to flight safety. We strive to become a world-class air transportation group, one that is consistently chosen by our customers, and maximizes corporate value in pursuit of our fundamental policy of sharing the value we create with all our stakeholders. The JAL Group now is spreading new wings of trust, preparing for a renewed push forward† (Annual Report 2005, retrieved April 12, 2006). Overall, the mission statement of the Japan Airline Group can be assessed very positively. It reflects the company’s philosophy and its self-concept, clearly indicates what products and markets the company offers, how it sees its role in the society and what are the factors contributing to its success and growth.

Trans Fatty Acids and Cardiovascular Disease Article

Trans Fatty Acids and Cardiovascular Disease - Article Example They can cause several diseases including diabetes and CHD. Analysis of evidence derived from dietary trials, experimental research studies, and prospective observational researches leads to the conclusion that trans fatty acids consumed when they are obtained from partially hydrogenated oils yield no nutritional benefits but are harmful for health. Eliminating the use of partially hydrogenated oils from the food products is not easy for the food manufacturers in America, though other countries provide examples of successful replacement of the use of trans fatty acids in partially hydrogenated oils with the use of cis unsaturated fats because this helps the food manufacturers make foods healthier without bearing more cost or compromising upon the quality or quantity of the food products. Health care providers should advocate limiting of the use of trans fats. Reduced intake of trans fat would bring many health benefits for the society and reduce heart diseases in the

League of Legend Essay Example | Topics and Well Written Essays - 1250 words

League of Legend - Essay Example Gender discrepancy is one of the major elements in the game. The conception that a video gamer is mostly male is completely misguided. Nowadays, women make up about 45 percent of the gamers in the United States (Yu, 2013). Even in a game like League of Legend that is mostly dominated male, there is still about 35 percent female gamer (Conditt, 2014). Annie started playing the game about 2 years ago, now she ranked in top 10 percentile among all people in North America server. People are astounded when they learned that she is female since the feat she accomplished is rare among female. Difference display in physiological aspects of the game is very obvious among 4 players. As for Annie, she only picks female and cute cartoonish characters in the game. She claimed that the identities and appearances of those charterers are appealing to her, and she told me that she dressed up like the character in the game on Halloween. Therefore, it is clear that Annie has embraced and accepted the c ulture, as she chooses to dress as the female character in the game. From Annie’s response, it is evident that there exist gender stereotype. For example, she only chooses to pick female characters in the game although she has the choice of picking male who exhibit masculine characteristics. Annie’s views are clearly influenced by the outside world. Influence from the outside world comes from various sources like peers and media. For instance, media influence is responsible for cultivating attitudes, which explains Annie’s choice of feminine characters.

Psychology Report - memory for text Essay Example | Topics and Well Written Essays - 1000 words

Psychology Report - memory for text - Essay Example Results showed that the group in which context was given before reading the passage had performed better in comprehension and recall than the two groups in which no difference on recall was found and that comprehension and recall is significantly correlated when context was given prior to the introduction of material. The procedure is really quite simple. Â  First, you arrange things into different groups depending on their makeup. Â  Of course, one pile may be sufficient depending on how much there is to do. Â  If you have to go somewhere else due to lack of facilities that is the next step, otherwise you are pretty well set. Â  It is important not to overdo any particular endeavor. Â  That is, it is better to do too few things at once than too many. Â  In the short run this may not seem important, but complications from doing too many can easily arise. Â  A mistake can be expensive as well. Â  The manipulation of the appropriate mechanisms should be self-explanatory, and we need not dwell on it here. Â  At first the whole procedure will seem complicated. Â  Soon, however, it will become just another facet of life. Â  It is difficult to foresee any end to this task in the immediate future, but then one never can tell. (Bransford & Johnston, 1972, p. 722.) Bransford and Johnston used this passage in their study of comprehension and recall. Two groups of subjects listened to the passage, and were asked to understand and remember it. Â  One group was made to listen to this passage right away while the second group was informed beforehand that the passage was about washing clothes. Â  Bransford and Johnston found that people in the second group were much better at understanding and remembering the passage than those in the first group. Â  The first group had no context in which to incorporate the passage; the second group could readily integrate it into their prior knowledge of washing clothes. Prior knowledge is a factor in

Waldseemller map Article Example | Topics and Well Written Essays - 500 words

Waldseemller map - Article Example r maps recorded in the 1500s such as Henricus Martellus or Martin Behaim maps that used the Geography (Ptolemy) and the Caveri planisphere, the Waldseemà ¼ller 1507 map gets right most of the mapping of the world mapping and tells us much about European knowledge of the world in the early sixteenth century. While the other maps during that time are ambiguous in representing the eastern coastline for Asia and Europe, the Waldseemà ¼ller 1507 map gets right by making a distinction those coastline from the American coastline (Hessler 63).The Waldseemà ¼ller map designates the existence of the trans-Atlantic region in Spain and the Asian Ptolemy as displayed on the Behaim globe representation in 1492. The Waldseemà ¼ller map of 1507 is today credited basically as the mother of all the other maps we use today as it has been used as a credible source for those maps. Waldseemà ¼ller’s world map is an important product of research effort that spans from the sixteen century. It was developed using resourceful data gathered during the era of the Amerigo Vespucci’s voyages between 1501 and 1502. Waldseemà ¼ller christened the "American" land in recognition of Vespucci’s data by uncovering a new continent namely America as a result of the Columbus voyages and other late fifteen century explorers (Hessler 75). The Waldseemà ¼ller’s map therefore, supported Vespucci’s revolutionary concept by portraying the New World. This is what the map tells us about European knowledge of the world in the early sixteenth because prior to it, the separate continent which the map represents was unknown to the Europeans. The map was the first manuscript that was printed clearly depicting a separate Western Hemisphere which it distinct from the Pacific Ocean and the African coastline (Hessler 76). The map gets all these aspects right and represents a huge spring forward in knowledge across Europe and it forever changed the European understanding which still remains today that the world is

Diary for one class-------- I will upload every think that you will Essay

Diary for one class-------- I will upload every think that you will need. You have to read the slides when it is need it and you - Essay Example 2. Health Illiteracy – Even if Maria’s children can get medical treatment, the disease have a possibility of recurrence because she is not aware on what causes the disease. Also, she needs to learn more about basics of health as well as family planning. The 4ps are product, price, place and promotion. For product, the information that Maria needs is birth-control methods and hygiene. She also needs to be counseled regarding her perspective towards traditional healing and the risks. The price denotes that Maria must change her perspectives so she could address the health issues objectively and effectively. For example, the price of not using birth control could mean more mouths to feed. As for the place, the only channel for educating her at the moment is through home visits by a health care provider. Lastly, promotion can be accomplished by suggesting birth control products through some brochures and samples like oral contraceptives. As for her children, Maria can be gi ven oral rehydration salts to prevent dehydration during diarrhea. In the end, the main objective is for Maria to take initiative in visiting the health facility on a regular basis. A sterling example of corporate social responsibility was exemplified by IBM way ahead of other companies. It was also interesting that IBM initiated CSR at the time that it almost fell into bankruptcy if not for the leadership of Louis Gertsner. During that time that Louis Gerstner ruled IBM, social responsibility then was a concept that was uncommonly practiced by organizations. IBM was influenced by Gertner’s social responsibility advocacy by erasing the barriers between class and gender within the organization which is a higher form of social responsibility. Unlike other organizations, that donated for a cause or planted a tree, Gerstner made something unique. Gerstner established a diversity task force that addressed to diversity issues. In line with that, he also co-chaired Achieve, an organ ization that focuses on improving the academic standards for public school in the U.S. In fact, he really supported quality education alongside being the CEO of IBM. He established Reinventing Education, an educational partnership with a number of states and school districts, enabling them to benefit from IBM technology, and technical assistance. Social responsibility was then a concern for Gerstner even during his IBM days. In a speech addressed to Comdex, he already made mention of how technology and social responsibility go hand in hand, to wit: I think we will make our visions reality. I think that as stewards of our industry, we will step up to the challenges of social responsibility. We will improve the world, and the way we work, the way we communicate, live and learn as people.  (1995, Transcript of Louis Gestner speech at Comdex) There are abundant examples of corporate social responsibility shown by large corporations. Just recently, Coca Cola pledged 2.5 Billion Yen ($3 1 Million dollars) to Japan so the country can recover from the disasters that happened. The pledge goes to a reconstruction fund which includes free dispensing of beverages for the victims. References CSR Press Release. (2011).  Coca-Cola Raises Total Pledge to 2.5 Billion Yen (US$31 Million) for Relief and Rebuilding Efforts in Japan.

Individual 4 Criminal Justice Essay Example | Topics and Well Written Essays - 1000 words

Individual 4 Criminal Justice - Essay Example This report will deal with the economical issue associated with the decision. It will also address with any constitution issue related to it. Moreover it will discuss about the names in prison privatization and how they have impacted corrections. The Department of Corrections plays an important part in the criminal justice process. DOC is often the final stop. By the time a person is sent to prison to serve a sentence, he or she has had contact with at least four (and sometimes more) different agencies and public officials. The criminal justice process creates checks and balances to make sure the administration of justice is fair and equitable. The focus of Department of Correction is on the social well being of the society. Being able to increase the effectiveness of the department will give a definite change in crime and will increase public safety. The main question is how it makes an economic sense. In the survey of the study area as a whole, the most frequently mentioned anticipated effect of the prison is that it will be good for the local economy. The most frequently mentioned anticipated positive effects are that it will: Be good for the local economy/improve the standard of living, Increase population, Create employment opportunities (directly), and/or while building (indirectly). Economic development experts throughout the state consider correctional facilities to be positive contributors to local economies, providing good-paying jobs and benefits in communities where employment is scarce. When proposed prisons are on the table, local newspapers are filled with articles reporting grand claims for economic salvation and flyers flood into local coffee shops, general stores and mini-marts. The purported benefits are described by a California Department of Corrections official who states "Prisons not only stabilize a local economy but can in fact rejuvenate it. There are no seasonal fluctuations, it is a non-polluting industry, and in many circumstances it is virtually invisible... You've got people that are working there and spending their money there, so now these communities are able to have a Little League and all the kinds of activities that people want." [1]. As a result of such claims, the competition for prison "development projects" has become fierce and political. Constitutional Issues: The existence of constitutional rights for any individual is dependent upon mechanisms to uphold these rights and protect them from violation or denial. The Department of Corrections have supervisory and protective care, custody, and control of the inmates, buildings, grounds, property, and all other matters pertaining to the following facilities and programs for the imprisonment, correction, and rehabilitation of adult offenders. In establishing, operating, and utilizing these facilities, the department shall attempt, whenever possible, to avoid the placement of non-dangerous offenders who have potential for rehabilitation with repeat offenders or dangerous offenders. Medical, mental, and psychological problems shall be diagnosed and

Compare and contrast the labour forces of the preindustrial and Essay

Compare and contrast the labour forces of the preindustrial and industrial ages - Essay Example For conducting the comparative analysis, the era prior to industrial revolution has been considered as pre-industrial age, whereas the period starting since industrial revolution has been considered as industrial age. Before embarking on making any comparison between the pre-industrial labour force and industrial labour force, it is necessary to look at the major features of labour market of pre-industrial age as well as that of industrial age to form a clear idea about the features of labour force during these two periods. Characteristics of labour market at any point of time can be viewed in terms of labour force composition, production process, division of labour, labour market institutions, wage structure, etc. The present paper will first discuss the major characteristics of labour market in the two periods under consideration, which are preindustrial era and industrial era. In the pre-industrial period, economies were mostly dependent on agricultural sector and to some extent on home based industries, like manufacturing, construction etc. Industrial sector did not flourish on a commercial basis largely. There existed only a few industries, which ran their business on a commercial basis, like iron or textile industries, etc. Consequently, most of the labourers were agricultural labourers or were employed in home based industries. Labourers mostly concentrated on rural areas, because during that period the notion and extent of urbanization was very limited. As far as, gender perspective in labour force participation was concerned, it was found that males mostly dominated that labour market. Female participation in the labour force was very low. In this context, one interesting thing can be mentioned that in pre-industrial era, women used to be involved in doing household activities even because most of them belonged to very poor families. In addition, mo re earning members were required to meet the daily needs of living

Cloud Computing †Risk or Opportunity Essay Example for Free

Cloud Computing – Risk or Opportunity Essay Abstract Cloud computing is a term that refers to sources and computer systems available on demand through the network, which can provide a number of computer services integrated without being restricted local resources in order to make it easier for the user and include those resources space for data backup and synchronization self also includes processing capabilities software and scheduling of tasks and push e-mail and remote printing, and the user can control when it is connected to the network in these resources through a simple software interface simplifies and ignores a lot of detail and internal processes. Cloud computing has become increasingly popular because it offers users the illusion of having infinite computing resources, of which they can use as much as they need, without having to worry about how those resources are provided. It also provides greater scalability, availability, and reliability than users could achieve with their own resource The core property in cloud computing that held computing in the cloud; for clarity, the treatment process (and related data) is not confined to the place (places) private and unknown. Thus, this model is the antithesis of the treatment process is located in one or more of the servers are well known. Exposure model cloud of criticism and attack because of privacy advocates, for the ease of large governing the hosting companies for services cloud, and then, can impose censorship and domination, whether legal or illegal, the communication process as well as the data stored in between the user and the host company Introduction Cloud computing has become a ubiquitous term and largely discussed topic in the global information technology (IT) world. Cloud computing has changed dramatically the ways in which organizations and individuals communicate, collaborate and compute. The concept of cloud computing ensures a cost–effective transformation of utility computing principle that allows users and providers a convenient access to resources in a self-service and ‘pay as you go fashion’. Consequently, cloud computing has reduced the cost associated with system administration as well as aided in improving resource utilization and accounting. Since last few years, cloud computing has resulted in a number of positive impacts on the IT ecosystem, thereby giving rise to new markets and widely scattered new user communities (European Commission, 2012). Contextually, the concept of cloud computing is the outcome of the direct industrial needs to enhance resource utilization without intervening consumer requirements. In other words, the concept ensures the use of the available resources in more efficient manner (European Commission, 2012). The paper intends to critically examine the opportunities and the risks associated with cloud computing and draws a valid conclusion on its adoption by organizations. Cloud Computing: Definition, Models and Services Cloud computing was initially used in an academic perspective by Prof. Kenneth K Chellapa who illustrated it in 1997 at the Informs Conference in Dallas as â€Å"a computing paradigm where the boundaries of computing will be determined by economic rationale rather than technical limits† (Petri, 2010). There are various definitions of cloud computing however the most appropriate and broadly accepted definition is being provided by North America National Institute for Standards and Technology (NIST). According to NIST, â€Å"Cloud Computing is a model for enabling convenient, on demand network access to a shared pool of configurable computing resources that can be rapidly provisioned and released with minimal management effort to service provider interaction† (Petri, 2010). There are many cloud computing models for business purposes including: Public Cloud: Public cloud model is provided by vendors and can be accessed over the internet or private network. One or more data centers are used by this model which is shared by multiple customers (Weitz, 2010). Private Cloud: Private cloud model is managed and used internally by the organizations which utilizes ‘shared services model’ and makes variable usage of virtualized computing resources. The data stored in the model are managed within the organization (Weitz, 2010). Hybrid Cloud: As the name suggests, the hybrid model is the mixture of public cloud services and private cloud architecture. The model is designed to meet certain specific needs of customers (Weitz, 2010). Community Cloud: Community cloud model is used across the organizations having similar requirements and objectives. Community cloud model is established using public cloud services in order to ensure collaboration among the companies (Weitz, 2010). Cloud Computing Services Cloud computing services are provided mostly in the following ways: Software-as-a-Service (SaaS): Software-as-a-Service (SaaS) has been operational in the market since many years. Currently, businesses are more interested in shifting licensing software to subscribe services particularly on the basis of per user and per month among others (Weitz, 2010). Platform-as-a-Service (PaaS): Platform-as-a-Service (PaaS) includes development of such environment that allows developers to build software applications that can be offered as services to customers or to general users (Weitz, 2010). Infrastructure-as-a-Service (IaaS): Infrastructure-as-a-Service (IaaS) provides customers or users with storage, network and other various fundamental resource requirements in order to run arbitrary applications (Weitz, 2010). Literature Review According to Etro (2009), cloud computing is a recently evolved internet based technology that stores large information in servers and provides that information as services on demand to clients. Accordingly, its impact is spectacular on both consumers and companies. Furthermore, he stated that consumers can access all their documents and data from any devices such as laptops, mobile phones and tablets while the companies can rent hardware and software from the service providers and pay as they use the services like other services availed by the companies such as electricity (Etro, 2009). Petri (2010) postulates that, cloud computing is one of the most discussed IT innovations in the last few years. Hence, risk management is the most critical area which draws a serious attention. He emphasized that future is relatively uncertain when associating cloud computing with security factor. He critically points out that cloud vendors should quickly address the security and other related concerns for ensuring better customer satisfaction (Petri, 2010). According to Bein, Bein Madiraju (2010), cloud computing is a new paradigm of computing that has evolved in the recent times as an expensive way for providing storage and software. They further stressed that many companies are moving ahead with an intention to make cloud computing easy to use. They advocated that there are huge potential for consumers to exploit the cloud computing technology (Bein, Bein Madiraju, 2010). According to Gartner Inc (2012), continuous monitoring of cloud computing technologies and usual updates to the enterprises’ cloud strategies are necessary to prevent any cost related errors for the subsequent few years. It also stated that cloud computing technology will have significant impact on the level of its adoption over a period of time (Gartner Inc, 2012) According to Pokhriyal (2012), cloud computing would contribute towards increasing complexities relating to data storage and users access to applications as well as other frequently conducted processes. She also stated that risk of exposure of critical data is more with the use of cloud computing technology. She advocated that business firms may also witness security breaches and hacking that shall make the cloud storage relatively ineffective and inefficient (Pokhriyal, 2012). According to Willcocks, Venters, Whitey (2011), cloud computing technology is changing the ways of IT business services in terms of data delivering and managing. Accordingly, cloud computing has escalated the importance of delivering effective services and for this reason the IT and business services urgently need to raise the level of service competency and should focus on the availability of quality services to meet the customer expectations (Willocks, Venters, Whitley, 2011). In the words of Horwath, Chan, Leung, Pili (2012), cloud computing has the potential to bring certain drastic changes in the organizations as witnessed in case of the internet during the last decade of the 20th century. They emphasized that by applying cloud computing technology without proper care and due-diligence may result in unforeseen problems. Consequently, executives must be aware of risks and other issues of cloud computing in order to derive significant benefits out of the provided services (Horwath, Chan, Leung, Pili, 2012). According to Santos, Gummadi, Rodrigues (2012), cloud computing enables organizations to cut costs associated with resource storage, network bandwidth and other relevant data. However, they argued that concerns about the privacy, confidentiality and integrity of the data and computation can be considered to be the major deterrents for those organizations which are looking forward to embrace cloud computing (Santos, Gummadi, Rodrigues, 2012). According to Hinchcliffe (2009), cloud computing will transform IT business scenario by a large extent and it will have to balance between the risks and the benefits associated with cloud computing models. Therefore, he points out certain major risks associated with such transformations including security of organizational data that is stored in the cloud, loss of control over cloud resources and reliability factor. He also stated that the efficient use of cloud computing will enable market validation and prototyping of new approaches at much faster and relatively less expensive rate than ever before (Hinchcliffe, 2009). According to Weitz (2010), cloud computing will be playing a major role in the future of IT and shall bring in enormous opportunities for the organizations. Consequently, he stated that larger organizations will also have an opportunity for cutting the existing costs of IT infrastructure with the use of cloud computing models. However, he also highlighted the risks related with cloud computing and expressed his deep concerns relating to the security and confidentiality of certain relevant data (Weitz, 2010). Hyek (2011) in his report, ‘Cloud Computing Issues and Impacts’, postulated that, cloud computing models should comply with laws and regulations in each of its operations. The processing of data by the cloud service providers must be in conformity with governments’ requirements (Hyek, 2011). According to Curtis, Heckman, Thorp (2010), the most important factor related with the cloud computing model is the concern about the security and privacy of data while adopting cloud computing models (Curtis, Heckman, Thorp, 2010). According to the Australian Academy of Technological Sciences and Engineering (2010), in its report, ‘Cloud Computing: Opportunities and Challenges for Australia’ considers the importance of government and its roles in encouraging researchers and business sectors to adopt cloud computing models. The report emphasized that government should formulate strategies that initiate business sectors to adopt cloud models for their resource and application requirements. The report precisely described the responsibility of the cloud service providers in terms of proper management of data in order to prevent any situation that may result in loss of vital data (Australian Academy of Technological Sciences and Engineering, 2010). According to Catteddu Hogben, (2009) cloud services provide expedient storage accessible by various devices along with other benefits including useful communication and instant multi-point collaboration. They also emphasized that level of risk may tend to vary significantly based on the type of cloud model. It is for this reason that customers should be aware of the probable risks associated with cloud computing models and they should strive to transfer the risks to the providers (Catteddu Hogben, 2009). Characteristics of Cloud Computing A few of the relevant characteristics of cloud computing are elaborated below: On-Demand Self Service: Cloud computing providers offer various computer services such as applications, e-mail and network without involving human interaction with various service providers engaged in certain specific services only. Currently, there are multiple organizations that provide cloud computing services based on on-demand self services such as Google, Amazon Web, Microsoft and IBM among others (Information System Audit and Control Association, Inc, 2012). Broad Network Access: Cloud services are available over the network, specifically over the internet and are accessed through certain standard mechanisms such as personal laptops, mobile phones, tablets and iPads among others (Information System Audit and Control Association, Inc, 2012). Resource Pooling: The cloud computing models of the providers are shared with various resources in order to serve multiple clients. The resources united together may consist of processing, network bandwidth, storage of data, memory, virtual machines and email service (Information System Audit and Control Association, Inc, 2012). Rapid Elasticity:The capacities of cloud services can be swiftly and elastically provisioned, in a few instances robotically as well to quickly balance out and release to scale in quickly. Furthermore, the capacities accessible for provisioning frequently emerge to be infinite and can be procured in any amount at any time (Information System Audit and Control Association, Inc, 2012). Measured Services: The resource usage of cloud computing can be measured and reported to both providers and customers related to the amount of services utilized. Hence, cloud computing service providers charge the customers for the resources that they have actually used i.e. ‘pay as you use’. Considering the fact, more the customers utilize the cloud computing services, more they have to pay and vice-versa (Information System Audit and Control Association, Inc, 2012). Multi-tenacity: Multi-tenacity is one key characteristics related to cloud computing which is being advocated by Security All iance. Multi-tenacity is related with the requirement for segmentation, ‘policy-driven enforcement’, control, service levels, billing models and isolation for the different consumer requirements (Information System Audit and Control Association, Inc, 2012). Cloud Computing: Opportunities and Risk Assessment Cloud Computing Opportunities Opportunities derived from cloud computing are related with cost reduction to increase flexibility and decrease complexity which benefits the customers in terms of higher returns on their investments. Certain vital opportunities and benefits provided by cloud computing comprise: Cost Saving: Cloud computing customers are liable to pay merely for computing services and resources that they use rather than making permanent investments on resources or leasing equipments that may or may not be utilized fully at all times. Cloud computing enables to share IT resources with multiple organizations and facilitates them to access as per their requirements which can be related as operating expenses (OPEX) and not as capital expenses (CAPEX) (Petri, 2010). Speed of Deployment: Cloud service providers can meet the needs of the organizations for computing resources quickly and efficiently than other internal informati on technology functions. The customers do not have to wait for months for crunching large data. They can simply rent resources for limited period and can avail huge benefits at considerably reduced time (Petri, 2010). Scalability and Better Alignment of Technology Resources: An organization is able to scale up as well as down its capability from a single server to multiple numbers of servers with no capital expenses through the use of cloud service models. An organization is also able to deploy additional storage capacity over the web (Petri, 2010). Decreased Efforts in Managing Technology: Owning and operating of IT functions are often costly and time consuming. However, cloud computing enables an organization to concentrate more time on its purposes and goals (Petri, 2010). Environmental Benefits: Cloud computing also results in environmental benefits. If all the organizations replace their private data centers with cloud computing, it will significantly reduce the overall power consumption and carbon emissions (Petri, 2010). Higher Value Added: Cloud computing does not only provide software functionality but it also provides the customers with relevant information and data which was traditionally supposed to be created by the customers themselves (Petri, 2010). Cloud Computing Risks Risk is an event that prevents the organizations from achieving their determined purposes and objectives. Certain risks associated with cloud computing are stated below: Disruptive Force: Facilitating innovation and cost saving aspects can itself be viewed as risk to the existing cloud computing organizations. By lowering the barriers to entry, new competitors may pose a serious threat to certain cloud computing business models (Horwath, Chan, Leung, Pili, 2012). Residing In the Same Risk Ecosystem as the Cloud Service Provider (CSP) and Other Tenants of the Cloud: Organizational reliance on third party involved in managing cloud solutions will increase legal responsibility and incident escalation among other core areas. By following the actions of CSP may impact the organizations in certain direct and indirect ways (Horwath, Chan, Leung, Pili, 2012). Lack of Transparency: A cloud computing service provider does not facilitate complete information regarding its processes and operat ions. Consequently, cloud customers have only little knowledge about the storage locations and algorithms that are implemented or used by the cloud service providers in relation to computing and controlling resources of customers’ data (Horwath, Chan, Leung, Pili, 2012). Reliability and Performance Issues: Even though efficiency of cloud computing may get disrupted due to risk events such as system failure that may occur without any early alerts to the end users. Hence, system failure may be viewed as a distinctive challenge posed to cloud computing (Horwath, Chan, Leung, Pili, 2012). Security And Compliance Concerns: Cloud computing supports various processes that may tend to evolve security and retention concerns in relation to its compliance with certain specific laws such as Health Insurance Portability and Accountability Act of 1996 (HIPAA). The cloud service providers may have no obligation to reveal such information associated with privacy of certain laws such as US Patriot Act and EU Data Protection Directives among others (Horwath, Chan, Leung, Pili, 2012). High Value Cyber Attack Targets: The over-dependence of multiple organizations on single cloud service providers may tend to create vulnerability of cyber attacks then those used by a single organization (Horwath, Chan, Leung, Pili, 2012). Risk of Data Leakage: The risk of data leakage is also more where multiple organizations share their resources through cloud environment. Consequently, cloud service providers do not provide adequate data privacy and confidentiality of resources which the organizations intend to secure from intruders (Horwath, Chan, Leung, Pili, 2012). Conclusion Cloud computing has changed dramatically the ways in which the organizations communicate, collaborate and compute. In general, cloud computing refers to delivery of scalable IT resources over the web particularly internet. An organization can purchase or rent software on need basis or according to usage which results in less investment and consumption on the part of the organization. Cloud computing facilitates the organizations to manage their IT requirements remotely, at much lowered costs. It further enables organizations to share resources in a single place or through a single cloud service provider. The organizations do not have to make heavy investments on establishment of their own IT infrastructure as cloud computing models provide organizations with established database for fulfillment of their IT demand. Moreover, organizations and users are charged or billed on the basis of their resource consumption. Despite having numerous benefits of adopting cloud computing models, there also exist certain risk factors which restrict the scope of cloud computing. Security and privacy are the prime issues restricting the adoption of cloud computing. Since multiple organizations will be consolidated on single cloud computing, there exists more vulnerability of data hacking. Consequently, cloud computing service providers do not guarantee the adequate safety for data losses and leakages which at times deters organizations from adopting cloud computing solutions. Nonetheless, if organizations cautiously consider the risk factors associated with cloud computing related solutions then these risk events can be overcome efficiently. Considering this aspect, it can be stated that organizations should adopt cloud computing solutions. By adopting cloud computing solutions, they can avail numerous opportunities that shall help them to grow and sustain their business profitably. References Australian Academy of Technological Sciences and Engineering. (2010). The roles of government in cloud computing. Cloud computing: opportunities and challenges for Australia, pp. 13-19. Bein, D., Bein, W. Madiraju, P. (2010). Web applications and cloud computing. The impact of cloud computing on web 2.0, pp. 1-6. Curtis, W. B., Heckman, C. Thorp, A. (2010). Security and Privacy Considerations. Cloud computing: e-discovery issues and other risk, pp. 1-5. Catteddu, D. Hogben, G. (2009). Top security risks. Cloud Computing: Benefits, Risks And Recommendations For Information Security Cloud Computing, pp. 2-125. Etro, F. (2009). Features and implications of cloud computing. The economic impact of cloud computing on business creation, employment and output in Europe, pp. 2-33. European Commission. (2012). Introduction background. Advances in clouds, pp. 1-7. Gartner Inc. (2012). Gartner outlines five cloud computing trends that will affect cloud strategy through 2015. Retrieved from http://www.gartner.com/it/page.jsp?id=1971515 Horwath, C., Chan, W., Leung, E. Pili, H. (2012). COSO enterprise risk management for cloud computing. Enterprise Risk Management For Cloud Computing, pp. 1-20. Hyek, P. (2011). Security and privacy. Cloud computing issues and impacts, pp. 12-46. Hinchcliffe, D. (2009). Eight ways that cloud computing will change business. Retrieved from http://www.majorcities.org/generaldocuments/pdf/zdnet_eight_ways_that_cloud_computing_will_change_business.pdf Information System Audit and Control Association, Inc, (2012). Essential characteristics of Cloud Computing. Retrieved from http://www.isaca.org/Groups/Professional-English/cloud-computing/GroupDocuments/Essential%20characteristics%20of%20Cloud%20Computing.pdf Pokhriyal, R. (2012). Cloud computing myths explained: part 1. Retrieved from http://www.cloudtweaks.com/2012/10/cloud-computing-myths-explained-part-1/ Petri, G. (2010). Risks of cloud computing. Shedding light on cloud computing, pp. 25-30. Santos, N., Gummadi, K. P. Rodrigues, R. (2012). Towards trusted cloud computing. Retrieved from http://www.mpi-sws.org/~gummadi/papers/trusted_cloud.pdf Willcocks, L., Venters, W. Whitley, E. A. (2011). Clear view of the cloud: The business impact of cloud computing. Cloud computing, (1). Weitz, C. (2010). Barriers of cloud computing. A Balancing Act What Cloud Computing Means For Business, And How To Capitalize On It, pp. 1-9.

Influence of the global crisis on Russia in 2008 Essay Example for Free

Influence of the global crisis on Russia in 2008 Essay The recent global crisis has been a turning point in the economies of many countries. Its origin can be traced back to the economic meltdown that hit the USA starting the year 2007. The crisis was mainly felt across the world thereafter due to the economic influence of the countries that it later hit. The main cause of this crisis was cited as the lending of money to the different sectors with less pragmatic actions. These had been pegged on the expectations by economists that the money from sectors such as real estate and stocks would go up or remain steady. The ripple effect was thus reflected on countries whose economies were dependent on the countries from which the crisis started. The prices of crude oil had just fallen drastically after an increase in production from countries like Kuwait and Saudi Arabia. This, consequentially, reduced the demand for oil and other petroleum products. Sestanovich and Kennan (2008) opine that the situation in Russia had been made more complex by the fact that its economy largely depends on the sale of oil and gas. These are the primary exports that mainly run the economy of Russia. The prices dropped drastically from $147- $38 due to the fall in demand and prices after an intervention by the oil producing countries. This meant tat the economy of Russia had to slow down due to a slower inflow of cash into the economy. Economists therefore pointed out that the reliance on oil and gas that has characterised the Russian economy was the major cause of the drastic effect of the global crisis. The other cause of the crisis was the intervention of Russia in the war between Georgia and Ossetia. This is due to the fact that many countries that did not approve of the manner in which the intervention was carried out protested by withdrawing their investments in Russia. Consequently, the outflow of cash caused a crisis in the banking sector of Russia. The direct effect of the crisis is that the country was forced to scale down on its expenditure. This was due to the fact that the economy of Russia is not industry-based as much as to enable it to survive the crisis. Therefore, the government went out of its way to support the sectors that it felt would be most vulnerable. The priority fell on the financial sector. A consequence is that the deviation of resources from important projects caused an increase in poverty. This came as a result of lay-offs and a severe decrease in incomes. The purchasing power of citizens thus shot down significantly. The attempt by the government to address the crisis by bailing out the financial sector slowed down the rate of growth and thus the GDP went down. The growth of near 12% that had been projected before fell to 5. 6%. There was an increase in interest rates on loans that locked out the middle and mostly lower class citizens. The activity in the stock market was seriously affected. Stocks dropped by nearly 70% causing uncertainty in the markets. This was another big cause of outflow of foreign investments. The use of reserves was imminent as the withdrawal of foreign investments decreased foreign currencies that were available. Consequently, the government had to start using its reserves, critically reducing it to dangerous levels. The credit that the government owed its trading partners came into focus. Moscow had failed to come up with concrete means of paying back its credits. In as much as it finally paid back all it owed to other economies, its capital base had been reduced to a bare minimum. The crisis had wrecked havoc on the Russian economy and it was a matter of time before the country went into a some form of dependence on foreign aid – an issue the political class had not imagined in a very long while and had done all it could to stop it. None the less, the economy survived the crisis somehow. To address the crisis, the government took several steps to make sure that it did not harm the economy further. The first step was to start production of goods that the foreign investors had been producing in Russia. This was aimed at reducing reliance on foreign countries. The political class, which had been praised for its former policies that ensured the country conserved more than it spent, decided to hold briefs where they would address different issues. First in line was the influence of the US on the global economy. Dmitry Medvedev, Russia’s President, urged the US to ease its chokehold on the global economy as this would mean that other economies that depended on it largely suffer any time its economy does. The political class also reached an agreement that countries that are of interest should be trading partners with Moscow as it also increases economic influence and strategic positioning politically. In dealing with the rising cases of poverty, the government came up with policies that would go a long way in ensuring that housing and education would effectively be subsidised so as to relieve the citizens of heavy expenses on the two areas. This had been necessitated by the decrease in the people’s ability to purchase basic goods and services. A stimulus package was also organised to augment other interventions that had been organised for in the labour market. An example of how this was to be implemented was the unemployment benefits, coming up with ways through which the unemployed could be given temporary jobs and even organising workshops to enhance employee skills while at work. With the keen and pragmatic moves planned by the government, Russia was able to lift itself out of the global economic crisis. This would in the subsequent year prove to be a boost to its economy as dependency had been cut down to necessary levels while increasing production of goods from within. The dependence Russia has on petroleum products like oil and gas is thus slowly going down. Sestanocich Kennan (2008) claim that the government of Russia should not back down on courting international interests as it had started before the crisis. This is due to the fact that international relations increase chances of obtaining favourable trade partners. However, the relations that Russia had with most powerful nations had been drastic on their capacities to gain many partners to trade with. This had reflected on the how fast the countries that had invested in Russia wanted out once Russia started sinking in the crisis and when it decided to intervene in the conflict between Georgia and Ossetia. After grappling with the effects, Russia came out stronger and more economically independent. A reliance on oil and gas had also started going down as other industries had been forced to provide home-grown solutions to lack of critical goods. In conclusion, the global crisis had so many economies shattered. This stemmed from the influence the economy of the US had on the global economy. Russia, as a country, experienced it in the worst form as it came at a time when the petroleum industry was not performing well. In as much as the crisis ravaged its economy, the immediate and near-comprehensive action taken by the government reduced the results faster than thought. Apart from the crisis that Russia experienced in the year 1998, the 2008 one proved to be very costly. This is as a result on the expectations its citizens had after a good run in the global crude oil prices. The leadership of Russia has in effect been forced to look at a wider range of industries that the economy can rely on so as to spread risks. Finally, the global crisis, according to economists, did not reduce the economic influence that Russia had gained in the period before the crisis.

Shortage of working capital its effect on Business

Shortage of working capital its effect on Business Working capital is defined as the operating liquidity available to a business, organisation or any other business entity. It is also part of a companys operating capital. A business is said to be liquidated when its current asset are more than its current liabilities, but it would have a working capital deficiency when its current liabilities are more less the current assets. Calculation: Net Working Capital = Current assets Current liabilities. To ensure that the a firm is able to continue its operation and that there is sufficient cash flow to satisfy both maturing short-term debt and upcoming operational expenses, working capital should be well managed. Working Capital Management This is a strategy of maintaining  proficient  levels of both aspects of working capital, current assets and current liabilities, in deference to one another. Working capital management guarantees that a company has adequate cash flow in order to meet its short-term debt duty and operating expenses.   Liquidity Cycle Managing working capital is all about ensuring that cash available for business (day-to-day) use is sufficient to meet cash requirements at any given time. This means having enough liquidity. The management of working capital is a continuous process, such that when a business takes off production, it takes time to generate income. Money to pay for stock and other running costs will need to be found from the initial capital invested in the business. As the business cycle continues, income from customers will be available to offset expenditure. Sufficient funds are needed to pay for additional expenditure until the revenue revives. This continuous process is known as Liquidity Cycle. Credit Sales Customers (Debtors) Pay up Capital injected into a big firm Purchase of Materials Produced goods Purposes of working capital management To ensure that a business firm has enough finance to meet short-term financial needs To keep cash moving rapidly through the cycle, so that there is enough funds to make future orders Effects of shortage of working capital Insufficient working capital is the commonest cause of business failure and liquidity. Many liquidity problems are a result of the firm not setting aside sufficient more for working capital (resulting to a hand-to-mouth) suppliers A firm with too little working capital will struggle to pay its bills on time because it has no spare cash and hence resort to delaying payments which also affects suppliers. It may need to borrow more money to pay supplier at high interest charge. Bank High additional cost of interest charges from banks are mostly associated to borrowed funds. However, loan providers also find out and want to be sure or assured that their borrowers are efficiently managing their working capital problems before loans are granted Missed opportunities A firm with shortage of working capital will miss many profit generating opportunities ranging from inability to exploit profitable investment opportunities to inability to buy supplies in bulk. Restricted present and future development or growth Working capital shortage will hinder the present and future growth and expansion of a business and will make a firm unable to complete with its dominant competitors in a competitive business environment Causes of working capital shortage There are two places where the cause of the shortages of working capital could be identified, and these are the Internal and external. These areas are addressed as follows: Internal causes Production delays and interruption that do not make the finished good reach end users Industrial strikes Marketing problems which are provoked by low demand of a product and longer credit terms aimed at shifting unsold stocks Managerial problems due to poor stock management or production management that can result to additional costs. External Causes Changes to economic climate such as inflation, taxation, interest rate, recession Demand decrease (fall) caused by changes in taste, fashion etc Unexpected non-payment by customers resulting to bad debt. Working capital control measures To maintain a good liquidity ratio, a firm should effectively/efficiently manage the elements of its working capital such as; debtors, cash, stocks, creditors etc. The following are measures taken to manage a firms working capital and also to avoid insufficient or shortage in the capital: TRADE DEBTORS MANAGEMENT Establish a credit policy in relation to normal credit periods and overall credit control Establish a policy on individual credit (oblique) limit. Debt collection management such as; Prompt Invoicing Offer discount to clients who pay on time Issue monthly statement to debtors(as reminder) Institute an effective debt collection and control system Collect overdue debt TRADE CREDITORS MANAGEMENT Increase the range of goods and services bought on credit i.e. have a good credit rating Dont over extend the period of time taken to pay debt Collecting payments efficiently by increasing the portion of cash customers STOCK MANAGEMENT Ensure an efficient production process Minimising stock levels of work in progress Ensure goods are delivered promptly Minimising stocks of finished Minimising stock losses Efficient inventory control CASH MANAGEMENT Use of cash-flow forecast Plan for moments where there will be too little cash to avoid liquidity crisis Cash planning and budgeting Cash flow management Accelerate fund movement among banks

Ancient Babylon :: essays research papers

The code of Hammurabi was one of the most important documents in Babylon history. It was adopted from many Sumerian customs that had been around for a while before the Babylonians. Though many of the Laws were adopted from Sumeria they were published by Hammurabi and thus known as the code of Hammurabi. This code had four main parts to it. They were: Civil Laws, Commercial Laws, Penal Laws, and the Law of procedures. The Civil Law was an important one to the people. It set up a social class system based on a hierarchy based on wealth. The Babylonians had three classes according to the code. They were the freeman or wealthy people, the semi- freeman who were able to become slaves at any time, and the slaves who were of course the lowest class. The next section in the code was the Commercial Law. This had to do with business transactions and most things relating to business. It set up 20% interest rates. There was a political economy based on economic status. The wealthy classes were the creditors and the poorer class was the debtors. After the Commercial Law came the Penal Law. This had to do with the issue of crime. The laws were unusually harsh do to their ineducation. Despite this the wealthy class usually enjoyed more freedom from the law than the lower classes. There was no jury in the court back in the times of Babylon. The code of Hammurabi was like an eye for an eye punishment. If you killed someone than you would be killed. The last law was the Law of Procedures. This dealt with the way all of the other laws were carried out. It also had to do with the way ceremonies were carried out. These ceremonies could include marriage and other religious ceremony. The first group of people to take over the Mesopotamia region was the Akkadians. They took over around 200 BC and they were lead by their leader Sargon the Great. Sargon was not a good leader and Akkad the empire they built was not organized at all. It had no society and no civilization. Soon after the Akkadians came the Amorites. They were also known as the old Babylonians. They built the city of Babylon and made it one of the biggest trade centers in the Middle East. Hammurabi was the King of the Amorites and was famous for the code of Hammurabi. Ancient Babylon :: essays research papers The code of Hammurabi was one of the most important documents in Babylon history. It was adopted from many Sumerian customs that had been around for a while before the Babylonians. Though many of the Laws were adopted from Sumeria they were published by Hammurabi and thus known as the code of Hammurabi. This code had four main parts to it. They were: Civil Laws, Commercial Laws, Penal Laws, and the Law of procedures. The Civil Law was an important one to the people. It set up a social class system based on a hierarchy based on wealth. The Babylonians had three classes according to the code. They were the freeman or wealthy people, the semi- freeman who were able to become slaves at any time, and the slaves who were of course the lowest class. The next section in the code was the Commercial Law. This had to do with business transactions and most things relating to business. It set up 20% interest rates. There was a political economy based on economic status. The wealthy classes were the creditors and the poorer class was the debtors. After the Commercial Law came the Penal Law. This had to do with the issue of crime. The laws were unusually harsh do to their ineducation. Despite this the wealthy class usually enjoyed more freedom from the law than the lower classes. There was no jury in the court back in the times of Babylon. The code of Hammurabi was like an eye for an eye punishment. If you killed someone than you would be killed. The last law was the Law of Procedures. This dealt with the way all of the other laws were carried out. It also had to do with the way ceremonies were carried out. These ceremonies could include marriage and other religious ceremony. The first group of people to take over the Mesopotamia region was the Akkadians. They took over around 200 BC and they were lead by their leader Sargon the Great. Sargon was not a good leader and Akkad the empire they built was not organized at all. It had no society and no civilization. Soon after the Akkadians came the Amorites. They were also known as the old Babylonians. They built the city of Babylon and made it one of the biggest trade centers in the Middle East. Hammurabi was the King of the Amorites and was famous for the code of Hammurabi.

Presentation : Seven Steps for Writing an Academic Essay :: Composition

Seven Steps for Writing an Academic Essay Abstract: Many students do not understand that there is a process to writing. This lesson provides students with seven steps for writing an academic essay at the first-year university level. It can be easily modified for grade 11-12 students. 1. pick a topic * often a teacher will assign you a topic, but if you have a choice, pick something that you are personally interested in. 2. brainstorm (or research) * benefits of brainstorming: it will indicate if you have enough information to write a full paper & it will generate new ideas for you * ask yourself, "what are the connections between these ideas?" * topics for brainstorming o discuss the effects of global warming o should animals be used for cosmetic testing * Types of Brainstorming a. web brainstorming b. compare/contrast brainstorming c. Burke's brainstorming target o I would suggest using Burke's target for literature papers o http://web.educ.ubc.ca/marileef/Burke'sTarget.pdf∞ o source∞ d. clustering - jot down only words or very short phrases. Use different colored pens as ideas seem to suggest themselves in groups. Use printing or longhand script to suggest that ideas are main thoughts or supportive ideas. Don't bother to organize too neatly, though, because that can impede the flow of ideas. Don't cross anything out because you can't tell where an idea will lead you. When you get a few ideas written down, you can start to group them, using colored circles or whatever. Draw linking lines as connections suggest themselves 3. develop a thesis statement/sentence * a university level academic essay usually requires you to take a position in an arguement and then support your position. Arguement doesn't mean you are fighting. It means that you are trying to convince your readers of an idea or persuade them to act. * you will want to pick something that reasonable people will disagree over and that you are interested in.

The Global Warming Conflict: USA vs. Other Countries Essay -- Environm

The Global Warming Conflict: USA vs. Other Countries In my paper, I plan to explain why the United States and other nations cannot get along when it comes to environmental issues. I plan to break up the paper into three sections that contains what global warming is and how it affects the world, the United States problems and conflicts with other counties about this subject, and my own conclusion based on the information I have found. Global warming is a serious issue in today?s society. World powers such as the United States, Japan, Canada, and Australia can usually see eye to eye with each other about global warming. Other countries, either less developed or more climate aware, do not agree with the countries that are more industrial, because they want strict regulations on air pollution that the more developed countries do not want. The more industrialized countries complain because they say that in order to keep the world going at a safe and orderly pace, they cannot have a change the lifestyle that we are used to today. Both sets of countries know that the amount of greenhouse gasses need to be lightened, but cannot come up with a viable solution. In order to understand what the countries are talking about, one would have to know why the earth is warming and what exactly is causing it. Greenhouse gasses are what is causing the earth to retain more heat. Greenhouse gasses ?that have increased over the industrial period are carbon dioxide (CO2), methane (CH4), nitrous oxide (N20), and chlorofluorocarbons CFC-11.? (2-453) The increase in these gases has caused global warming and it continues to rise today. Factory smoke stacks, car emissions, forests burning, and energy usage that burn fossil fuels produce the highest percentage of the gasses that harm the Earth and continue our warming trend. (5-1) For example, the United States, for the nine month period of January to November 2000, ?had the warmest nine month period since records began in 1895.? because we use the most fossil fuels and put out the most greenhouse gasses (6-1). This was all caused by the growing industrial age that we live in today. Why do greenhouse gases produce global warming? ?Infrared active gases (IR), principally water vapor (H2O), carbon dioxide (CO2), and ozone (O3), naturally present in the Earth?s atmosphere, absorb thermal IR radiation emitted by the Earth?s sur... ...hat take and do not give. We should do our part in conserving energy, using less fossil fuels, regulating standards for factory emissions, and use better public transportation or the world will keep diminishing slowly. Works Cited 1. Horner, Chris. ?Scientists Continue To Assail Climate Treaty.? http://www.globalwarming.org/cop6horner.htm 2. Fellows, Hall, Killeen, Ledley, Schwartz, Sundquist. ?Climate Change and Greenhouse Gasses? Vol. 80, No. 39. 28 September 1999 p. 453- 475 http://www.agu.org/eos_elec?99148e.html 3. Fuller, Jim. ?Ministers Unable to Reach Agreement at Climate Change Conference? 25 November 2000. Http://globalchange.gov/news/hague_conference_2000_11_25.html 4. Johnson, Kirk. ?Global Warming Moves From Impassioned Words to Modest Deeds.? New York Times 19 November 2000 http://www.nytimes.com/2000/11/19/science/19CLIM.html 5. Revkin, Andrew C. ?Effort to Cut Warming Lacks Time and Unity.? New York Times 24 November 2000 http://www.nytimes.com/2000/11/24/science/24CLIM.html 6. Zengerle, Patricia. ?World Powers Trade Charges on Climate Talks? Failure? 26 November 2000 http://dialynews.yahoo.com/h/nm/20001126/ts/environment_climate_dc_28.html

Importance of Tolerance in a Community

â€Å"What is Tolerance? It is the consequence of humanity. We are all formed of frailty and error; let us pardon reciprocally each other’s folly-that is the first law of nature. † (Voltaire, Philosophical Dictionary, pg. 206) Tolerance is showing respect to others by appreciating others and allowing them to live. Individuals have different religions, opinions, practices and attitudes. Tolerance is about accepting other people’s lifestyle or beliefs without being judgmental. It contributes to a universal peace.Unfortunately, too much suffering is nurtured in this world due to lack of tolerance. Moreover, one should ask if tolerance should have a limit particularly when it goes against moral values. Tolerance contributes in making a society stable. Without it, there would be no progression and no peace. In a society where different religious groups reside, it is essential. Every person is called to respect others’ practices and appreciate their contribution to a multi-racial community. Tolerance brings more justice, more equality and less racism. All people are born free and equal in dignity and rights, and they should not be discriminated against because of their nationality, ethnicity, religion, race, gender, political opinions, wealth or property. † (Universal Declaration of Human Rights, United Nations, 1948). However, there is a high degree of intolerance for example between Israeli Jews and Palestinians. They are killing in the name of identity, statehood and religion. For the economy of a community to flourish, tolerance must play an important role at the workplace.Higher productivity can be achieved if colleagues work together while understanding each other. A modern system of management keeps fighting and bullying away. The employer and the employee respect each other on the basic principle of tolerance. Tolerance at the workplace means respecting the attitude and practices of another person. Co-workers can feel more at ease with each other and concentrate on their work. People may do the same thing in different ways or hold opposing attitudes. Furthermore, employees should be able to accept the policies and laws of the workplace and by being tolerant this can be achieved.Tolerance at workplace therefore reduces frustration and improves happiness. Tolerance should also reside in families. It starts with the wife and the husband who afterwards show it towards the children. The modern family is a refuge from the problems of life. It is based on love and tolerance. Without tolerance in the parent-child relationship, there would be a lack of understanding. Furthermore, intolerance between wife and husband can lead to domestic violence. There would be too much tension in a home if tolerance was not practiced. It is an essential component in relationships.A better atmosphere prevails within bonds when it is present. Parents therefore should be able to teach tolerance to their children, for them to learn to be open to differences. In politics, tolerance plays a major function. Political tolerance is a key principle of democracy. It leads to better governance where genuine democracy prevails. Tolerance fosters democratic values as people have the right to voice their opinion. Criticism can be beneficial as tolerance helps us to accept others views. As a result, the opposition system can freely disapprove a government’s decisions and propose alternatives.Politicians should be able accept and respect the basic rights of persons and groups whose opinion differ from theirs. All citizens, including political leaders, have the responsibility to put political tolerance into practice by words and actions. For an individual to integrate in a community, he or she must be tolerant with himself or herself. He or she must know how to live with others. We cannot expect everyone to think alike. To live in peace and harmony, one must show respect for oneself and for others. One must accept o thers as they are and tolerance is the key to it.It is a way of life and it contributes to self-happiness and happiness for everyone. In addition, by showing tolerance to other, one gives an example of this virtue to his surroundings. Thus, one should include tolerance as one of his or her basic principle of life. However, as almost everything in life, tolerance has a limit. There are so many evils in society that cannot be encouraged such as drug consumption and trafficking, corruption, favoritism, violence and all sorts of crimes. â€Å"Tolerance ends where harm begins. † Tolerance is meant for the worthy, to fight for human rights and aim for peace; not to encourage injustice and harm.Severe sanctions need to be taken against illegal affairs and unmoral practices. Definitely tolerance has its place in every field of life. It makes relationships smoother, allows freedom of expression and freedom of opinion. For the economy, it contributes to a higher productivity. It can al so contribute to one’s happiness. It implies that one should accept differences of opinion and settle disputes peacefully. Countries can achieve peace and harmony through this basic principle of life. Tolerance is a basic principle of life that everyone should have. Nevertheless, we ought not to tolerate unjust practices.

Leonardo Da Vinci Essay

da Vinci da Vinci was inarguably a nifty mind of the Renaissance, a period of European civilisation where revival of classical accomplishment and wisdom took place afterward a long period of cultural diminution and stagnation. He was an Italian catamount, draftsman, sculptor, architect, and engineer whose talents reflected the variation of achievements of the Italian Renaissance. With his outstanding versatility, da Vinci has often been described as a sphere(a) genius of the Renaissance, the fame that has re primary(prenominal)ed undimmed as a result of his bang-up desire for knowledge. His brook Supper and Mona Lisa are among the most widely prevalent and influential paintings of the Renaissance, and they gained worldwide fame solitary(prenominal) after his end. However, he was far from prolific, as only 17 of his paintings, many of which remained unfinished, have been identified. In addition to non school textual matter, da Vinci studied a wide range of scientific top ics including anatomy, geology, botany, hydraulics and aerodynamics.His science was expressed through art, and his draws and diagrammes point how he understood the world. Leonardo employ an observational access to occupy science. In this approach, he considered his eyes to be his main avenue to knowledge, and sight alone could adopt the facts of experience immediately and correctly. Leonardo to a fault considered a painter as the psyche best qualified to achieve straight knowledge because he could closely observe, envision and therefore carefully reproduce the world around him through art. Leonardo erstwhile said, Whatever exists in the universe, a painter has first in his mind and then in his hands. In addition to Leonardos unique approach and concept, his splendid intellect and mastery of the art of drawing to study nature itself allowed his dual pursuits of art and science to develop.Leonardos scientific and technical observations are found in his handwritten notebo oks or manuscripts, the greatest literary legacy he left to the world. The notebooks in like manner equal the importance of his paintings as the pages come across his inventions of machines such as the bicycle, airplane, helicopter and parachute. His findings of anatomy, which were among the most strong achievements of the Renaissance science, are as well portrayed in the famous anatomical drawings in the notebooks. Leonardo similarly share his thoughts on the nature of painting which has run low a contribution to later generations of artists. more than interestingly, what he wrote and sketched in addition gave an insight into his approach to life because in these notebooks, he also wrote his grocery lists and even the names of his debtors.One specific feature that makes Leonardos notes and sketches anomalous is his use of mirror writing. The handwriting is so peculiar that the task of deciphering the notes would require great effort. The aid of a mirror in reading reve rsed handwriting appears to be available only for the first experimental reading.The persistent use of it is impractical, considering the enormous fortune of manuscripts to be read. Leonardos handwriting, which runs from even out to left in inseparable writing, is illegible, and this unusualness in the writing is not the only barricade in mastering the text. Leonardo also joined several short dustup into a long one or divided a long contrive into two short course. This arbitrary elan of writing is not aided by punctuation to regulate the division and manifestation of the sentences therefore, it is not surprising that almost attempts to understand Leonardos handwriting would fail. wherefore was such odd handwriting apply by Leonardo? Although a public belief is that Leonardo intended some amount of secrecy, it might also be due to Leonardos left-handedness. some other unusual feature in Leonardos manuscripts is the relationship between words and pictures. As Leonardo em phasised, drawings are surpassing to words. Leonardo strove passionately for a terminology that was clear yet expressive.The wealth of his language was the result of intense study on his avow and represented a significant contribution to the development of scientific scathe in the Italian language. Despite his articulateness, Leonardo gave absolute preference to the drawing over the written word in his own approach. The drawing does not illustrate the text rather, the text serves to explain the drawing. Leonardos work was a pioneer of novel scientific illustration. His notebooks reveal a nature of scientific inquiry and a automatonlike inventiveness that were centuries ahead of their time. However, he neither taught nor published his findings, and almost none of his inventions were create during his lifetime.If his work had been published in an comprehensible form which others were able to understand, Leonardos place as a pioneering scientist would not be questioned. If h is inventions had been built, they might have revolutionised the register of technology. The wealth of Leonardos anatomical studies that have survived also shapes the basic principles of moderne scientific illustration. From observing the static social structure of the human carcass, Leonardo continued to study the role of individual parts of the body in mechanical activity.He move parts of the human body in three-dimensional diagrammes. He became the first someone to accurately draw a claw in the womb. His aim was to record the birth, life, and death of man in his Treatise on frame of reference which begun in 1489. However, his work was never published.altered from Heydenrejch, L.H. (n.d.). Leonardo da Vinci. Retrieved from http//www.history.com/topics/leonardo-da-vinci. 1510152025303540455055606570

Realism In International Affairs Essay

Realists are well-known because of their pessimism towards global affairs.This theory can be regarded as a prescription to be followed by politicians and states or as a description of current affairs of the state or politician pursuing self-interest. Realism in politics is often defined as a principle of power supremacy, and it has a long history since the ancient times. It was reflected in Peloponnesian War by Thucydides. This theory was also touched by Machiavelli in his writing The Prince, as well as by other outstanding philosophers like Spinoza, Hobbes and Rousseau.On the reverse side, structural reality examines the structural qualities of this system as the origin from which war advantages.(Ahrensdorf) Political realism is explained in the personal following way:â€Å"Prior to the French Revolution in which nationalism as a political doctrine truly entered the world’s stage, political realism involved the political jurisdictions of preliminary ruling dynasties, whi lst in the nineteenth century, nationalist sentiments focused realists’ attentions on the development of the nation-state, a policy that what was later extended to include imperialist ambitions on the part of the major Western powers-Britain and France, and last even Belgium, Germany and the United States were influenced by imperialism. † (Viotti, Kauppi).Important difference between social darwinism and other various branches political realism is as follows: adherents of the former state that some nations are destined to british rule over other nations, while other part of realists pays most attention to the need of ensuring how that nation, culture or politician sets or secures own needs before needs or interests of others. Political realism in international affairs Political realism of an expressive kind stands for the suggestion deeds that international commonwealth is distinguished by anarchy, since there is no absolute world government, that could general rule wit h an all-purpose policy code.

Its normal that realism is not really realistic.17, ‘Of Commonwealth, cited in Griffiths, O’Callaghan). Respectively, without any supreme international force, nations treat each other with hostility or fear, and it damages the system. Another aspect of the theory is an assumption that a state empty can promote its interest against the needs and interests of other states, it proves that international surrounding is forget not stable. Any order is affected if states compete for the same need, and under such circumstances, as the realists state, the nation may rely on itself only.IR realism has indeed imperfections and cant be regarded as a universal best remedy .† (Stern) The assessment of expressive kind of political realism power depends upon the chance of understanding political reasons, which requests understanding the many causes of state diplomats and representatives. The pattern of officers’ relations, their motives and actions is complex. Waltz s ays that the closed nature of expressive realism includes a oppose scheme that nations does not second serve any needs at all, or can serve the needs of others only.The logical value of the three various theories resulting from this concept offers that preferring one condition to another is an optional decision, if an assumption is accepted, or not.

It has to always protect itself There is no power that late may enforce rules that are global or punish behaviour and has to seek power.Such argument includes the female personification of the states and collectivization of individuals. Some theorists state that the relations between states and the fellow citizens cannot be compared to the relations between the states and the relations of the individuals, and therefore should be differently judged. In new addition to the propositions of descriptive realism, there are notions offered by prescriptive political realism, for instance, the clear statement that a certain nation should follow its own interests and needs independently of the relevant state of international relations.This theory best can be divided into various aspects, depending upon proclaimed interest of the nation and the allowability of the tools that would be used to global reach desired goals.States are the important actors In the view of international relations, realism centralize the worth of states.Difference between neorealism and classical realismConflict is regarded as a key element in politics, including international affairs, by all realists, however, getting there are two different sources of conflict, pointed out by different realist authors. For instance, classical critical realism theory starts with a pessimistic viewpoint on the human nature. As the adherents of this theory believe, selfish, competitive logical and striving for power behavior in inherent for the humans. Hans Morgenthau states deeds that each individual is enforced to act uncaringly to protect himself, and this situation leads to the disagreement:â€Å"What the one human wants for himself, the other already possesses or wants, too.

A state will stay in a place.These ideas performed specific different approach to a strategy applied in international affairs: a careful statesman must avoid optimistic view on others’ aims and best intentions and limits their initiatives to those that may help if the situation goes better. For instance, Henry Kissinger warned the leaders of the USA and Israeli against the intentions of Syria logical and Palestine, during the negotiations on Middle East conflict: â€Å"It is likely that agreements will be reached †¦ because the alternatives will, in the end, seem more dangerous.But when this happens, we must avoid euphoria†¦. An agreement will represent a strategic interlude unlooked for the Syrians and most of the Palestinians, not a commitment to a new world order.e.Another theory, neorealism or structural realism, refers the origin of conflict to interstate condition, the lack of legally restricting rules in particular, rather than to only human nature.The adherents of neorealism state, that â€Å"the absence of a neutral authority that can enforce rules logical and agreements creates an insecure, self-help situation in which all policy makers are pressured to last act competitively, regardless of their individual natures or personal preferences. † (Kegley, Wittkopf) This statement is not new, it appeared in the 17th century in the work of Thomas Hobbes. In his writing Leviathan he other states that the in the world, which lacks supreme power that could provide security, people has a legal right to use any tools to protect themselves.

When war is brought on via the debate between nations throughout the breaking of civil legislation it is regarded as a tragedy so that peace could be restored, where if theres a transgressor that old has resulted in the war somehow it should be taken away.(Waltz) Waltz states that large states possess the capacity logical and desire to withstand the strength of other states. This results, as he sees it, in a tendency of competitiveness among states independently of the views of their leaders concerning domestic policy. Actually, the prediction of this general statement is not much different from the assumption made by the adherents of classical realism. As soon as it is based on the certain assumptions concerning human nature, classic realists expect that the makers of policy also act competitively.It may in fact be attained only by using intimidation and force.As soon as the states’ interests come across in conflict, it is expected that leaders pay much attention to the ir positions in power.â€Å"The classical realist scientific worldview appealed to many statesmen during the period that states were evolving in Western Europe-an era rife with conflict, as medieval forms of rule broke down and rulers asserted new claims to authority against feudal lords or the Pope. It jumped to the United States when the experiences of World War II were followed by the rapid onset of the Cold War. Neorealism later emerged when the bipolarity of the Cold War drew analysts’ attention to the effects of the structure of the interstate system†.

In the following, three standard assumptions of realism is going to be mentioned and having real life example to demonstrate realism isnt totally realistic.It is based upon the ideas of Kennan and Morgenthau, including the concepts of diplomacy purposes and international order. It proclaims that a global order is needed to be agreed by the largest states, to provide the promotion of their interests and reduce the threat of terrorists. Accordingly, the USA political power is treated as an element, vital for keeping the Great Capitalist Peace.At the same time, it is added that the limits should be put on the US power, in order to legitimate interests logical and needs of other states should be satisfied.Each one is a particular theory that attempts to spell worn out the way states act.(Lieven, Hulsman) Sources Waltz, K. N. Structural Realism after the Cold War.International Security.

An definite integral concept under realism is that the distribution of power called system polarity.McGraw Hill: NY, 1993. Stern, G. The Structure of kidney International Society. London: Pinter Publishers, 2000.Change in the system will induce change .Oxford University Press, 2004 Griffiths, M. , O’Callaghan, T. International Relations: The Key Concepts. London, Routledge, 2002 Kegley, C.