Political Economy an Example of the Topic Economics Essays by

Political Economy by Expert Prof J.F | 23 Dec 2016 Safety concerns about good produced in China topped the world news in 2007, with two-thirds of the recalls the United Stated Product Safety Commission issued in January to June tied to Chinese made products. In many cases the Chinese cried foul at the recall and even began to issue warnings of its own against American goods, mostly food stuffs, being imported into China. But it all adds up to an international political economy question that must be resolved by more stringent actions than single product recalls and a pissing match between two of the globes nuclear powers. To understand the resolution to the conflict and even the depth of what it means to the worlds economy, we must first understand what happened and try to identify why and how it happened. Need essay sample on "Political Economy" topic? We will write a custom essay sample specifically for you Proceed For most Americans, the issue of Chinese imports came to the forefront in February and March of 2007 when virtually every type of wet cat and dog food on the market and several dry varieties were recalled. At the beginning of the recall, the Product Safety Commission was even sure what was wrong with the product, except that it was causing high incidents of kidney failure in household pets. Eventually, the problem was linked to melamine, a form of plastic, in the rice gluten imported from China to make pet food (AMVA, 2007). Soon thereafter there was a recall on Chinese toothpaste contaminated with the chemicals that make anti-freeze poisonous, a ton of toys recalled for use of lead paint and just recently, a toy recalled because it contained a chemical similar to the date-rape drug GHP(greentimes.org, 2007). The underlying cause of all these recalls is unequal capitalism throughout the world. At the turn of the 20th century in the United States, Upton Sinclair wrote a Pulitizer Prize winning novel called The Jungle which outlined the horrors of the food-packing industry. Though more recent research shows that some meat-packing plants are still far from sanitary, The Jungle forced a sort of mandated correction on the American factory system. Then, with the addition of the Occupational Safety and Health Administration to protect workers and the increase in union strength leading up to World War II, Americans demanded that their government protect the workers and the consumer from potentially dangerous items. The very litigious nature of the American society may have contributed somewhat to the development, but the short version was that American companies developed a form of self-policing believing that capitalism with government regulation worked. But then in the last decade or so, the world became more interdependent and American companies began to send work to other areas, areas without a history of free enterprise and legal battles over product liability. They thought that specifying in a contract that toys could not be painted with lead-based paint would make it so. And, they thought that they could get all the protections which are built into the American factory system for a fraction of the price. They were wrong. Further complicating things is that America companies misunderstood the world. They assumed that all people would have the same values and belief systems as they did. No one ever took into consideration the sociology of the place that they were doing business with. In Communist China, workers who got a little sick, or even died from their toothpaste, would not be filing multi-million dollar lawsuits over the affair. And, certainly no one would be think they should be compensated because the dog or cat food killed a pet. Lead paint was the cheapest, so of course they would use it on their products, who wouldnt? In the consumer-driven American society, companies could not imagine anyone being so careless with the health of their customers as to poison something that is designed to be put in the mouth or add plastic to pet food. The complete disparity of the social equation then leads to a compounding of the political differences between the two countries. From the perspective of the American public, the Chinese has created products that: Portable baby swings that entrap youngsters, resulting in 60 reports of cuts, bruises and abrasions; Swimming pool ladders that break, resulting in 127 reports of injuries, including leg lacerations requiring up to 21 stitches, five reports of bone fractures, two back injuries, two reports of torn ligaments and eight sprained ankles; Faulty baby carriers that result in babies falling out and getting bruised, getting skulls cracked and hospitalizations; Easy-Bake Ovens that trap children's fingers in openings, resulting in burns; Oscillating tower fans whose faulty wiring results in fires, burns and smoke inhalation injuries; Exploding air pumps that have resulted in 13 lacerations including six facial injuries and one to the eye; Bargain-priced oil-filled electric heaters, selling for less than $50, that burn down homes; Notebook computer batteries that burn up computers, cause other property damage and burn users; Circular saws with faulty blade guards that result in cutting users, not wood From the Chinese perspective, American consumers were spoiled and overreacting. To some, it appeared that the Americans were subjecting everything to stringent standards that they would not hold themselves to. And, the Chinese government reacted by inspecting and rejecting American imports headed for China, claiming that food was contaminated with ants and that soybeans were laced with mold (China rejects, 2007). And, aside from the few hundred people worldwide affected by the product recalls, the real victim in the entire mess is the trade balance between the United States and China and the impact that the recalls have on consumer confidence in the United States. China has been granted most favored nation status by the United States, meaning that there are few tariffs on goods imported from China. And, china has a favorable balance of trade with the United States meaning they export more to the U.S. than they import from it, a good place for them to be in terms of world economies. But having millions or even billions of dollars of products returned because of product safety recalls. The only to keep the Communist government happy is to minimize imports during the time that the exports are curtailed. And, then you have two ideologically different government in a grand argument over whose products are more tainted. The only winner in that scenario is a nation that is uninvolved. The first people who suffer are those who lose out because of the lost imports. For the American consumer, the first Christmas season without Chinese toys will probably be met with a sigh of relief and the mistaken belief that they are avoiding the safety issues of the Chinese imports. But as prices rise and the basic costs of living increase, the loss of the international imports will hurt the American economy. On the other end, the loss of the American imports will hurt the Chinese populace much more rapidly. Most of the American imports being turned away were food products and with 1.3 billion people, China needs to import for its people. Food production was up this year in other parts of the world, but the American breadbasket does feed large hunks of the world. If American soybeans are turned away, china has to look elsewhere for its food. Even more worrisome from an economic standpoint is the affect that the recall has on purchasing patterns and economies. In October, 2007, the American Treasury Secretary Henry Paulson said that consumer fear over the recalls is causing serious problems with the American economy (CNN, 2007). Paulson then called on both governments to work together to allay fears and avoid international financial repercussions related to the recall. In essence, Paulson is the only one involved in the entire process who seems to understand the political economy of the event and its ramifications. His comments clearly show the need for cooperation and understanding between the two economic giants. What remains to be seen is whether they can set aside the huge ideological problems at the national level and deal with the ideological different in how they operate businesses. For example, the American government will have to explain that the 300 million Americans expect a certain level of safety in the things that they buy and will have to make the necessary financial concessions needed to improve the safety levels and the quality of raw materials in Chinese factories. American corporations will have to quit looking at China as a source of cheap labor and begin to make an investment into those factories if they expect them to meet American quality control standards. Furthermore, both sides will need to negotiate more clear contracts so that corporations can meet standards without a several month delay in discovering issues. Unfortunately, the reality is that the two economies are already interdependent because of the global economy. But if American corporations continue to treat China as nothing more than a source of cheap labor, they will continue to have recall after recall that destroys corporate profits and undermines consumer confidence. Part of the requirement of a global economy is the development of global standards of production. No longer can we argue that lead paint is okay for the rest of the world, but not good enough for Americans. We have to be able to view people as citizens of the world and treat all its citizens equally. The nature of economics is to always look for a way to increase profits, but in macroeconomics it is also necessary to look at the human costs and the environmental costs as well as the financial costs. If we are not willing to acknowledge that laissez faire capitalism is a thing of the past and that government regulation are an expected cost of producing goods, we will continue to have economic upheavals around the globe. The only other alternative, from an American perspective, is to return to an isolationist policy and buy American goods only. That is a completely unrealistic solution, but it is the only one that will work if the world governments cannot step beyond their ideologies to discuss economics based on real world needs and not outmoded theories. WORKS CITED China rejects U.S. imports, citing sanitary code, MSNBC, June 9, 2007, http://www.msnbc.msn.com/id/19113689/> November 15, 2007 Comprehensive List of Recalled Food Lists, AMVA, November 15, 2007. Farah, Joseph. China products choke, burn, drown, drop, trap Americans, Washington's consumer safety recalls overwhelmingly hit imports from WorldNetDaily.com June 11, 2007. Paulson: Chinese Recalls Causing Fear In US, October 23, 2007. CNN.com November 15, 2007.

drug testing essays

drug testing essays The ethics of drug testing has become an increased concern for many companies in the recent years. More companies are beginning to use it and more people are starting more to have problems with it. The tests are now more than ever seen as a way to stop the problems of drug abuse in the workplace. This brings up a very large question. Is drug testing an ethical way to decide employee drug use? It is also very hard to decide if the test is an invasion of employee privacy. The ethical status of workplace drug testing can be expressed as a question of competing interests, between the employers right to use testing to reduce drug related harms and maximize profits, over against the employees right to privacy, particularly with regard to drug use which occurs outside the workplace. (Cranford 2) The rights of the employee have to be considered. The Supreme Court case, Griswold vs. Connecticut outlines the idea that every person is entitled to a privacy zone. However this definition covers privacy and protection from government. To work productively especially when the work may be physical it is nearly impossible to keep ones privacy. The relationship between employer and employee is based on a contract. The employee provides work for the employer and in return he is paid. If the employee cannot provide services because of problems such as drug abuse, then he is violating the contract. Employers have the right to know many things about their employees. Job skills and training can even be investigated by the employer. The employee is to perform services and these services must be done in a certain manner. Someone who is incoherent because of drug abuse cannot be a pilot for example. This is why employers can test to see if characteristics or tendencies would affect performance. An employee may not want to give a urine or blood sample. The employee may not want to include all of their referen...

Perfection Era Research Paper Example | Topics and Well Written Essays - 750 words

Perfection Era - Research Paper Example Given such statement, women was regarded to be the light of every home. Each woman sees to it that their time is primarily devoted to their families and that culture made them the greatest possesion of every home. Thus, relative to this, it also shows that women is knowledgeable, skillfull and dedicated enough to do whatever task is attended to her which therefore confides that such notion can never be set aside and women can strike to deliver great changes. Consequently there was a paradigm shift on this as women started to make their own marks in the industry. One of which is in the world of literary arts. Not only that women excelled as novelists of their time but also women took efforts in teaching and nurturing in the academe of literary arts. This urgency stirred the liberate side of women as they can expressly divulge themselves through the novels, journals and articles that they write. Thus, it also restrained them due to the demands of their responsibilites for their familit ies alongside with the duties that their careers expects from them. They have to balance both responsibilities unto their hands which gave them extra challenge as they face their lives. Likewise, as women slowly unfolds diversities and starting to make a difference, abolitionists also quirked their thirst for accomplishing better. During the second great awakening, abolitionists did end the slavery days of the slaves. Social, political and religous concerns were brought up in a more provocative manner. They took a stand to voice out and fight for what they believe is in the realms of being humane and rightful. Pervertively, such actions also triggered social problems that somewhat worsen the situation due to the abrupt provocative fight of abolitionists. One evident example of the role of the second great awakening in the accompishments made by women and abolitionists is this, â€Å"1834 had been the year of the Lane debates and the Lane rebels much discussed in the abolitionist pr ess. Mob violence against abolitionist speakers and literature was everywhere. In August 1835, Angelina GrimkA © addressed the Anti-Slavery Convention of American Women at the Hall, while a mob stoned the windows. That night, mob arsonists burned the brand new Hall to the ground. I started out by saying that I would discuss the role of Seneca County in these movements, and here we are dwelling upon the southerners, Sarah and Angelina GrimkA © and the burning of Pennsylvania Hall in Philadelphia in 1838†( Second Great Awakening n.d.). This shows that the awakening aggrevated the rallying emotions of the people. What seemed to be the exuding genuises of the abolitionists somehow thwart the opinion of the resisters. We can now therefore conclude that women and abolitionists are seemingly quiet at first but when time gave them the chance to be heard everything turned upsidedown. Thus, its a good way of promoting equality and equilibrium in the society. One cannot truly say tha t a specific gender or group is superior than the other. We are made equally therefore we should all be treated with equal chances. With what happened in the second awakening it opened the avenue for more democratic state of the people. From the slightest thing up to the most

The necessity for ethical behavior in the management of projects Essay

The necessity for ethical behavior in the management of projects - Essay Example Moral philosophy or ethics concerns the defense and recommendation of the concepts of wrong or right behavior. The philosophy of ethics is divided into operational areas such as normative ethics, applied ethics and meta-ethics. Meta-ethics involves the reference and theoretical meaning of moral values, and the determination of their truth (Ashrafi, 2007). Normative ethics involves the practical means of establishing a moral plan of action, while applied ethics involves the achievement of moral outcomes in different situations with different ethical requirements. The characteristics of ethical behaviors are fairness, honesty, and equity in professional, interpersonal and research, scholarly and academic relationships. Ethical behaviors compliment the diversity, rights and dignity of individuals or people in the society. The standards upheld in enhancing the attributes of responsibility and honesty is ethical behaviors. These standards are applicable to all individuals regardless of th e facets of life, and the position held in commerce. The hallmark of ethical behavior is the application of these standards in situations that are inconvenient for their application (Long, & Spuma, 2005). Project management involves organizing, planning, managing, securing, controlling and leading resources towards the achievement of objectives and goals. Projects are provisional endeavors that have a defined starting and end points. They are mostly time and funding constrained. Projects are carried out to meet objectives and goals, characteristically for addition of value or for beneficial changes. Projects because of their temporary nature are in contrast to operations or businesses that are permanent and repetitive (Long, & Spuma, 2005). The management of projects is thus challenging and different and requires distinct management strategies and technical skills. The major challenge in project management is the achievement of the objectives

Impact of wireless communication devices and systems nowadays Essay Example for Free

Impact of wireless communication devices and systems nowadays Essay ABSTRACT Nowadays, wireless communication devices and systems have a huge impact on everyone. This project describes the performance of the 433MHz RF module for WSN applications. The system is built wirelessly where it can transmit and receive signals from DHT11 which is a temperature sensor and humidity. This 433MHz RF module is used to transmit and receive data from Arduino Pro, which is connected directly to the RF module and sensor modules. It also allows data packets to be moved remotely. There are other transmissions such as Wi-Fi, Zigbee, Bluetooth and others but the 433MHz RF module creates more flexibility in dealing with such problems. Therefore, the 433MHz RF module is selected to achieve the goal of the project as the RF module can handle the problem. Additionally, the transferred data will also be sent and received without any loss of data in the barrier or in a line of sight. These projects should examine the distance and performance of the 433MHz RF module. ABSTRAK Pada masa kini, peranti dan sistem komunikasi tanpa wayar mempunyai impak yang sangat besar kepada semua orang. Projek ini menerangkan tentang prestasi modul RF 433MHz untuk aplikasi WSN. Sistem ini dibina secara wayarles dimana ianya boleh menghantar dan menerima isyarat dari DHT11 yang merupakan sensor suhu dan kelembapan. Modul RF 433MHz ini digunakan untuk menghantar dan menerima data dari Arduino Pro, yang disambungkan secara langsung dengan peranti modul RF dan sensor. Ia juga membenarkan paket data yang diperlukan untuk dipindahkan dengan jarak jauh. terdapat jugak penghantaran lain seperti Wi-Fi, Zigbee, Bluetooth dan lain-lain lagi tetapi modul 433MHz RF mencipta lebih banyak fleksibiliti dalam menangani masalah seperti ini. Oleh sebab itu, 433MHz RF modul dipilih untuk mencapai matlamat projek ini kerana modul RF dapat menangani masalah tersebut. Selain itu, data yang telah dipindahkan juga akan dihantar dan diterima tanpa ada sebarang kehilangan data di dalam halangan mahu pun garis penglihatan. Projek-projek ini perlu mengkaji mengenai jarak dan prestasi modul RF 433MHz. DEDICATION To my beloved parents, thank you for the support, encouragement, and understanding from both of you, Mukhtar Bin Baharom and Rahmah Binti Yunus. This work is dedicated to them. Acknowledgment Thanks to Allah S.W.T for his blessing and mercy for giving me the strength to complete my task that given in Final Year Project. However, it is impossible for me to complete this project without help and support from anybody. So, I would like to thank you for all of them. I would like to express my deep gratitude to my supervisor, Mr. Mohd Khanapiah Bin Nor for guiding me to complete this project. He was giving me necessary information regarding the project and a lot of inspiring ideas. My appreciation also gives to my beloved parents, family members, and friends who have been behind me throughout this project for the encouragement and supported from them. I really appreciate all their help and support while I’m completing this project. Lastly, I would like to sincerely thank Universiti Teknikal Malaysia Melaka (UTeM) for providing the facilities and equipment for me to complete my project. In the previous era, the technology application mostly using wire but now a wireless device has become commonplace. The wireless sensor network can be defined as an application that having no wires connection on that devices. In addition, to make the system easy to monitor from a distant location, the RF 433MHz module was used. So, this project gives the idea for studying details about the RF 433MHz module performance for WSN application. 1.1 Project Background Nowadays, using the wireless sensor network (WSN) technology to monitor the environment helps someone to solve the problems of deployment difficulty, high cost, and realized unmanned monitoring which is mostly used in a factory, buildings, laboratory, and house. This project is to study the range and performance of the RF 433MHz module for WSN application. RF 433MHz module is popularly used in the remote control system. This range also available to use in this area. There are two types of the RF module which is transmitter and receiver. From research, using RF 433MHz module, the data can get more accurately without any data losses with the range that given than compared to another transmission for the wireless sensor network. The range that can reach by this RF module is different between outside and inside area. For inside area, it can work for 50 meters through multiple walls with an antenna, while for the outside area, it will be able for hundreds of meters. Besides that, a microcontroller such as Arduino also used in this project. Arduino that available for this project is Arduino PRO which is it has 3.3V port that will be easier to connect directly to the types of RF 433MHz module that used in this project. This project also will be studied the analysis of the data transmission by giving a few of distance between the transmitter and receiver of the RF 433MHz modules when located in the obstacles or line of sight area. Then, the data that are received will be displayed on the computer whether there are data losses or not. The problem that becoming as issues right now is there is a lot of ways to send data but the problem is about the range, cost, and data losses. So, for this situation, study the performance of RF 433MHz can overcome the problem for the WSN application. The objectives of this project are to understand the range and performance of RF 433MHz module. Moreover, exploration about the transmitting and receiving the data by using the RF 433MHz module. The main work scope of this project is to make sure this project will achieve the objectives. The main focus of this project:- i. To study and understanding the range of RF 433MHz module. ii. To transfer data by using RF 433MHz module. 1.5 Methodology In this project, there is three part that needs to follow. For the first part, it will be focused on the conducting the literature review and do some research more detail about the RF 433MHz module. Meanwhile, for the second part, after the software development process, the hardware development process will take over and include the testing of the project. Last part, when the hardware and software complete their part, it will be followed by testing the performance and the operation of the project to make an analysis. The methodology is the explanation of the procedures or steps when doing this project. The simulation, analysis, and evaluation of the project. A literature review is an important step before proceeding to the project. Collecting all the required information about the 433MHz RF module from the books, journals, and website. The literature review also can provide a useful information to complete the project. The idea for this project comes from the problem faced when the data that have been transmitted becomes losses with the range that provided. In this chapter, it will be explained more details about the project and also the components that will be used in this project. The frequency of 433MHz that used in the wireless sensor network can test the sending and receive the data for this range without any data losses. 433MHz RF modules required the 17cm of the antenna to support the range to send the data. The range is one of the most important parameters of any wireless system which is it defined how the transmitter and receiver can be apart from each other to send the data. A range of the outside with few obstacles the data can go through hundreds of meters. While for the indoor, the data can go over 50 meters through multiple walls. The external antenna will be soldering to the â€Å"ANT† on the transmitter to get more range which is 17cm of the length of the antenna that was used. Regarding the several research that I have done from a few of journals that can relate to my project. Wireless sensor networks are currently widely used in several of monitoring and control applications. Guohua Yang and Kui Zhang (2015) have conducted a project regarding the 433MHz radio for long-range communication. They present about the connectivity, range of the communication and packet loss ratio that have been performed in the indoor and outdoor environment. The Maarten Weyn and Glenn Ergeerts (2013) conducted the survey of the DASH7 Alliance Protocol for wireless sensor network (WSN). In this research, it stated that 433MHz is an unlicensed band. They said that, due to the frequency, it has a better propagation characteristic opposed to the higher frequency. The wavelength at the center of frequency is 69.14cm which is the bandwidth for the frequency is 1.84MHz. This limits the data rate of the communication at this frequency 433MHz is an ideal for low power of low data rate communication. Budi Setiyono, Sumardi, and Rafdito Harisuryo (2015) have conducted a project on measurement system of temperature, humidity and air pressure over 433MHz radio frequency for an application on a quadrotor. They using the telemetry system which is the measurement process of data at a certain distance. Then, they stated that data will be processed or analyzed by the receiving station. They stated on their result which is for successful transmission, the amount of data that received will be same as the amount of data that have been sent. This project is to improve the data transmission with 433MHz RF modules either in obstacles or line of sight condition. The 433MHz RF modules are categorized as the lower cost, lower power consumption and the most important is when the longer the distance for data that transmit remains accurate when it received by the receiver. In theoretical, the success of data transmission is the amount of data received will be same as the data that have been sent. That means there are no data losses when the transmission occurred. Radio Frequency (RF) is a rate in the range of around at 3 kHz to 300GHz which is corresponding to the frequency of radio waves, and the alternating current that can carry the radio signals. ITU bandstand for International Telecommunication Union that defined for the electromagnetic frequencies that used for radar and radio. The best set of terms for frequencies used in communication. While the very lowest bands have no radar applications. The table below shows the frequency range and ITU band. The Arduino Pro is a microcontroller board based on the ATmega328. This microcontroller is an open-source hardware and software. The version that used in this project is 3.3V/8MHz. This version can be powered by a battery or external power supply. It has 14 digital inputs and output pins which is 6 of it can be used as PWM output, another 6 pins for the analog input, battery power jack, an ICSP header and reset button. Arduino Pro needs to connect with FTDI cable through six pins header to provide the USB power and have a communication with the board. Arduino Pro has the port for 3.3V that can supply the voltage for the transceiver. Each of the 14 digital pins on the Arduino Pro can be used as an input and output which is operated at 3.3V. Each of the pins can provide or receive a maximum of 40mA and has internal pull-up resistor (disconnect by default) of 20 until 50 kohm. The ATmega328 has 32KB and running 8MHz of the external resonator. It also has 2KB of SRAM and 1KB of EEPROM that can read and written with the EEPROM library. The operation of the Arduino microcontroller is based on the connection made on the pins. The application can be done by using the Arduino software where Arduino function can be edited according to the applications in this software. This software can work on by using the C or C++ language. The program that has been creating the need to upload to the microcontroller by using the USB cable. If there is an error detected on the program, it will be adjusted by editing to make a correction on the process and then the program needs to reload again. Other than that, there is another option which is using the reset button to delete all the previous program that have been upload before this to make it clear then built again. MHz RF Module version that has been used. It is because can operates in the unlicensed ISM (Industry Science and Medicine) radio band. It’s available for use in the inexpensive area for short-range wireless networks of sensors. This types can operate on the 433MHz frequency and can capable of transmitting at up to 100mW and up to 300kbps. When increasing the transmit power and reducing the data rate it can maximize the range of the 433MHz. DHT11 is a digital temperature and humidity sensor. Its suitable for my project that only needs to read the data about the temperature and humidity only. Micro-B is the smallest USB connector type. This type also used for the android as a cable for charging while USB port A is that can connect to PC or laptop. This USB cable needs to connect the RF transceiver module with the Arduino Pro at the transmitter and receiver. Using this board because the standard FTDI board cannot supply the enough current to run the RFM69 433MHz RF Modules. The difference between standard FTDI and Beefy 3 FTDI is the current that can provide which is standard FTDI provide 50mA while Beefy 3 FTDI provides up to 500mA. This chapter will be discussed the procedures and steps that used in this project. Each of the methods that were used to achieve this project will be stated and explain briefly. The purpose of the methodology is used to achieve the objective that has been stated. 3.1 Software Design In this part, the software design is part to do the programming by using the Arduino software. The flow of the data transmission starting from the reading of the temperature and humidity by using the DHT11 sensor. Then, the data will be processed by a microcontroller. It will be sent through the transmission of data by using the 433MHz RF transmitter module. When the power supply is turned on, the 433MHz RF receiver module and the microcontroller ready to accept the data that have been transmitted. After that, the data is sent by the Arduino microcontroller via a serial port to the computer for displaying the data. Based on Figure 1 and Figure 2 it showed the flow how it works. Hardware design consists of two parts which are from here it will be explained how the flow of the project will be complete. For the first part as shown in Figure 3.3 is the data obtain from the DHT11 sensor reading, then the data will be transmitted by the 433MHz RF transmitter modules. While for the second part as shown in Figure 3.4 is the data received via 433MHz RF receiver modules then sent by the Arduino PRO that connected to a computer for display. The generated data for this project should be the same with the theoretical results. Besides that, the results of this project will be compared with the theoretical results, the journals or book that have been found.

Lady Macbeth is the True villain :: Macbeth essays

Lady Macbeth is the True villain In the Shakespearian play 'Macbeth', it seems to be that every one thinks that Macbeth is the villain. But in actual fact Lady Macbeth is the villain. Lady Macbeth uses her cunning and deceptive skills to over power Macbeth into killing King Duncan. When Lady Macbeth receives the letter telling her about the witches' prophecies, she immediately thinks that she and Macbeth will have to kill King Duncan. She calls Macbeth to kind to kill King Duncan and saying that "Is to ful o' the milk of human kindness to catch the nearest way" Lady Macbeth- Act 1 scene V. Lady Macbeth knows that King Duncan must be killed for Macbeth to become king, lady Macbeth fells to feminine to be implicated in this genocide so she goes and asks the gods to fill her with ruthlessness and hate but to still have the contraceptive powers to deceive a modest human being like Macbeth. "Come, you spirits that tend on moral thoughts, unsex me here, And fill me, from the crown to the toe, Top-full of direst cruelty. Make thick my blood." Lady Macbeth- Act 1 scene V This passage shows Lady Macbeth asking the gods to fill her with all ruthlessness and hate to commit the killing of King Duncan but to have outer deceptive qualities to perceive other people like Macbeth himself. Lady Macbeth is getting very confused that Macbeth is refusing to kill King Duncan and she cannot commit the crime her self because evidently King Duncan resembles too much like her father. She fells that Macbeth is not a man and she ridicules and tries to persuade him to kill King Duncan by saying that he is not a man and that the only way to become a man is to kill the king (regicide). When Macbeth refuse to kill King Duncan he fells that it's the wrong thing to do and he wont be able to live with the guilt and he though to him self "why kill some one that has been good so good to me?" Macbeth is torn to the part where his wife's love is more important to him than committing terrible crime. Lady Macbeth is the True villain :: Macbeth essays Lady Macbeth is the True villain In the Shakespearian play 'Macbeth', it seems to be that every one thinks that Macbeth is the villain. But in actual fact Lady Macbeth is the villain. Lady Macbeth uses her cunning and deceptive skills to over power Macbeth into killing King Duncan. When Lady Macbeth receives the letter telling her about the witches' prophecies, she immediately thinks that she and Macbeth will have to kill King Duncan. She calls Macbeth to kind to kill King Duncan and saying that "Is to ful o' the milk of human kindness to catch the nearest way" Lady Macbeth- Act 1 scene V. Lady Macbeth knows that King Duncan must be killed for Macbeth to become king, lady Macbeth fells to feminine to be implicated in this genocide so she goes and asks the gods to fill her with ruthlessness and hate but to still have the contraceptive powers to deceive a modest human being like Macbeth. "Come, you spirits that tend on moral thoughts, unsex me here, And fill me, from the crown to the toe, Top-full of direst cruelty. Make thick my blood." Lady Macbeth- Act 1 scene V This passage shows Lady Macbeth asking the gods to fill her with all ruthlessness and hate to commit the killing of King Duncan but to have outer deceptive qualities to perceive other people like Macbeth himself. Lady Macbeth is getting very confused that Macbeth is refusing to kill King Duncan and she cannot commit the crime her self because evidently King Duncan resembles too much like her father. She fells that Macbeth is not a man and she ridicules and tries to persuade him to kill King Duncan by saying that he is not a man and that the only way to become a man is to kill the king (regicide). When Macbeth refuse to kill King Duncan he fells that it's the wrong thing to do and he wont be able to live with the guilt and he though to him self "why kill some one that has been good so good to me?" Macbeth is torn to the part where his wife's love is more important to him than committing terrible crime.

Hewlett Packard Swot Analysis Essay

The Hewlett-Packard and Compaq merger decision case study provided many points necessary in the understanding of why these two companies would undergo a risky business venture. Compaq was a company that began successfully with record setting financial statements, but in an attempt to expand its market, threatened company stability. With the acquisition of Tandem Computer and Digital Equipment Corporation, Compaq experienced decreased revenues resulting in their inability to fully recover. In a competitive information technology market, HP was one of the industry leaders. Due to a failure to be proactive to market changes, HP grew stagnant and looked to reinvent company strategies through newly appointed President/CEO Carly Fiorina. Competitive advantages for both HP and Compaq included imaging and printing segment and high performance PC technology respectively. Management’s reasons for the merger included their assumption that together, HP and Compaq would be able to replicate and overtake competitors. Oppositions to the merger included a decrease in shareholder interests, a reduction of focus for company core competencies, and an unprofitable future. Several financial advisors and industry analysts were in agreement that the proposed merger would not be in the best interests of either company. Despite the uncertainties, information gathered and forecasts projected were in favor of the merger, which resulted in shareholder approval and the merger of Hewlett-Packard and Compaq Computer. SWOT Analysis In researching Hewlett-Packard’s present-day company position, a strengths, weaknesses, opportunities, and threats (SWOT) analysis was conducted. Strengths found include HP’s strong market position internationally and on the domestic end, a successful growth throughout large acquisitions, and a considerable brand value. HP currently has a 28.6% market share in the United States of America while internationally they stand at 17.7%. As the current number one leader in PC sales, HP has a solid market position. Although the strengths are allowing HP to maintain market position, there are also weaknesses present in all companies. Compared to other companies in the same industry, Hewlett-Packard lacks significant software product and management consulting services. As a result, Hewlett-Packard’s weakness is its weak market segment integration. HP is able to answer consumer demand when it comes to PC technology and imaging and printing software, but they fall short in t he software product creation and consulting services to combine with their successful departments of PC technology and imaging and printing services. As Hewlett-Packard continues to grow and seek an increase in market position, opportunities surface. A spin-off of the PC technology business, entering the cloud computing market, and expanding imaging and printing solutions portfolio are opportunities HP has going forward. In placing more emphasis on the PC technology aspect of the company, HP may find that this venture will become as profitable as the imaging and printing department in the long-run. With the announcement of this spin-off, their share of US PC shipment increased from 25.4% to 28.9%. This positive reaction from consumers is an early indicator of possible success as a result of placing resources to build up the PC technology department. Cloud computing is a fairly new concept in which resources and software are delivered through a network, mainly over the Internet. As this is market quickly growing in demand, HP’s introduction of HP Cloud Assure is a great opportunity for future prosperity. With success comes o pportunities of threats, and Hewlett-Packard is no exception. With projected decrease in information technology (IT) in the near future, an increase in demand for non PC devices, and competitors with more diversified portfolios, HP’s threats are numerous. Industry analysts have projected a decrease of IT in upcoming quarters which will decrease HP’s profitability. HP has already witnessed a decrease in consumer spending during last quarter’s back-to-school spending. If analyst projections prove to be true, changes will quickly need to be made. As more and more consumers are entering the non PC device era, HP is losing a segment of the market with their inability to provide products for this demand. HP’s more diversified competitors such as Dell and Samsung are able to easily capture the demand for these tablets. Future of the Company Through the case study, present-day SWOT analysis, and outside research conducted on Hewlett-Packard, the group has concluded that the company will remain constant, but unless strategies are implemented to answer more consumer demands, they may lose market share. New CEO Meg Whitman has a technology visionary that will shift HP’s focus to answering consumer demands. Her leadership capabilities and projections for company future are a desirable mix for a company to achieve sustainable future relevance. With the implementation of HP Cloud Assure, a new venture capitalizing on the growing consumer interest of cloud computing, HP is already adapting to answering the demands of consumers. As long as the company continues to anticipate and provide the products and services desired, sustainability will be maintained. Questions 1. What are the strategic challenges that HP is facing? Strategic challenges: Cost- reduction initiatives that included â€Å"difficult but necessary voluntary- severance programs† and manufacturing consolidations. â€Å"Unacceptably high expense growth† contributed to a decline in earnings from operations and net earnings. HP had a weak macroeconomic environment and competitive price pressures that led to slumping sales. Management was unable to keep pace of the changing market conditions which were a key contributor. HP management failed to follow Dell’s lead in adopting a low- cost, Internet based direct sales channel to offset its reliance on the retail channel. * Accelerating growth in existing businesses * Streamlining the existing decentralized operating model to fuel growth opportunities * Implementing a â€Å"total customer experience† approach * Taking advantage of HP’s strong balance sheet and cash generation capability to fund new growth initiatives * Leveraging HP’s market position * Creating e- services ecosystems and placing HP at the center 2. Is the proposed merger likely to address these challenges? Benefits from the merger included personal systems, improved economics, and innovation. HP management believed that the combined company would have a lower cost structure due to economies of scale. HP would also be able to leverage Compaq’s progress in developing a direct sales channel, yielding a more flexible distribution model. Complementary leadership in key markets: Compaq’s strength in industry standard servers, coupled with HP’s Linus and UNIX offerings, would result in an industry- leading product line spanning the entire server category. By adding HP’s strength in high- end storage, the combined company would be the industry leader in both the enterprise storage segment and the fastest growing sub-segment storage area networks. Doubling HP’s sales force, the merger would allow HP to increase account coverage and better compete for important customer engagements around the world. IT Services: Strengthened Business Provides Critical Mass in Key Growth Market- Management believed the merger would significantly strengthen HP and Compaq’s combined services business for several reasons. Financial Benefits- As predicted the merger would yield $2.5 billion in annual cost saving by mid-2004. Yes, we do believe the proposed merger is likely to address the challenges HP faces. 3. How do you interpret the market’s reaction to the proposal deal? We interpret the market’s reaction to the proposed deal to be negative. Just two months of the Merger announcement, HP’s share price trailed the preannouncement level by 27%, representing a loss of $12.3 billion of market share value at the same time comparable companies increased 9.9%. 4. If you were a shareholder of HP, how would you vote on the deal? If we were shareholders of HP, we would vote against the deal. It is obvious the company is losing a great deal of money at the same time other companies in the same industry are making money. The merger is not looking out for the best interest of the shareholders so we would not vote for the merger. Sources Bloomberg Businessweek http://www.businessweek.com/news/2011-10-12/hewlett-packard-gains-pc-market-share-after-mulling-spinoff.html CNN Money http://money.cnn.com/magazines/fortune/fortune_archive/2005/02/07/8250437/index.htm http://money.cnn.com/2011/09/22/technology/hp_ceo_fired/index.htm Hewlett-Packard Website http://www.hp.com/hpinfo/newsroom/press/2009/090331xa.html Hewlett-Packard Case Study â€Å"Hewlett-Packard – Compaq: The Merger Decision† Marketing Research http://www.marketing–research.com/marketing/swot-analysis-hewlett-packard Jennifer Brown Synopsis The process of completing this assignment has helped me discover how to view business decisions in a more analytical way. When approaching this one it seemed overwhelming at first. I began pulling outside sources and background information that helped me gain a better understanding of the project at hand. That extra research was very useful in explaining what the companies were going through and giving different perspectives as to why. I was able to apply what I have learned in my accounting classes when the case study and articles referred to financial ratios and provided financial reports. That was helpful when trying to answer the questions assigned. Working with a group was also beneficial because there were several times my group members made great points that I may have missed working alone. Our group has met several times since the project has been assigned. I have been present at each meeting. Before we met the first time we decided we would read the case study in full to have an understanding of what we would need to do. Our first meeting we discussed the case study and our stance on what HP should do. We also discussed the questions within the case study and started our outline for our power point. Outside of the meeting I researched articles to gain background information. Our group had several more meetings at which we outlined our strategy report and assigned each person a portion of the report. When we were finished with our portion we would submit it to the rest of the group for proofreading. Everybody completed their task as set and we came together as a group and finalized the report. I, as well as the other members of the group, contributed to the makeup and layout of both the strategy report and the power point. Charnele Hodge Synopsis Being that this has been my first time in a group doing a strategy report on a company, I took away a few key elements. I have learned, understood, and properly used the purpose of a SWOT Analysis. I know this form of analysis will be used in my future endeavors, so I know it will be very beneficial to me. Also, I learned while in a group setting how to effectively achieve a SWOT Analysis to inform and persuade others to understand and see our point-of-view on our particular position. As a Business Management major, this group project has helped me realize that in not every group setting, that there needs to be a set leader. In my group, I felt that everyone meshed well with each other and there was not a constant need for someone to be in charge. Every group member knew what was at stake and that being at meetings and pulling her part in the group was essential. My individual contribution to the group was making sure that I gave my opinion on the different positions that we would be taking on the SWOT Analysis. I made it my individual objective to make sure that I pulled my part in completing each and every task that I volunteered to work on, that it was done properly, as well as completed on time. Being a Business Management major, I believe I helped bring balance among my other peers that are majoring in different genres in the college of business. I took a more realistic, rational approach to the group, in who would be better fit for particular objectives. Sakina Middleton Synopsis Conducting a strategy report required using resources from all aspects of my undergraduate studies. I was able to read the Hewlett-Packard and Compaq merger decision and understand the different aspects used to compile the information. In utilizing marketing concepts, I was able to conduct a strengths, weaknesses, opportunities, and threats (SWOT) analysis of Hewlett-Packard’s present company structure. My management background allowed for an understanding of company decisions made, such as whether to undergo a merger. Finally, the accounting knowledge I have acquired thus far has enabled me to read and comprehend the many financial statements used to decide which options should be made based on the factual numbers provided. Overall, my primary takeaway was my ability to read, comprehend, and analyze a case study regarding two merging companies with the knowledge and education provided by Savannah State University’s College of Business Administration. Throughout this project I was able to increase my ability to problem solve in a group of my colleagues. No one group is perfect, but the communication skills I have acquired allowed me to handle all situations appropriately and in a timely fashion. For this strategy report, I was responsible for arranging all group meetings regarding the collection and accumulation of information for the paper. I was the initiator of correspondence and also the channel of delivery for every member’s designated portion of the paper. My personal contribution includes the compilation on the strengths, weaknesses, opportunities, and threats of the present-day company Hewlett-Packard. I was also responsible for the editing of the final paper. Summer Wilcox Synopsis In March 2002, Hewlett- Packard’s current CEO and president, Carleton Firiona announced the acquiring of HP’s rival company, Compaq Computer. The merging of the two companies was designed to put Hewlett- Packard/Compaq in a position to challenge one of its top leaders in the industry, IBM. The merger was also designed to create a global technology powerhouse that would provide consumers with products and services demanded by profitable enterprise customers. After reading over the case, I started to feel like the merger was not going to be a success. The merger presented itself to be too risky. Although Hewlett Packard was aiming to become the industry’s leader by expanding into new markets, the idea of the merger just didn’t seem to look out for the best interest of the company. Management felt that HP and Compaq needed to improve their whole business structure to effectively compete with Dell which was the industry’s leader. They also felt that HP and Compaq’s leadership would complement each other in key markets such as the enterprise storage segment and storage area networks, and by having a broader portfolio of products and services. Management believed that HP and Compaq had a weak combination of products and services, and merging would strengthen that area. While some thought that the merger would be a success to Hewlett- Packard, there were some who were against it. Among those few were the director and son of HP cofounder William Hewlett, Walter Hewlett. Walter Hewlett was HP’s second largest shareholder and had a very powerful, important voting privilege of HP. Walter was against the merger for 4 main reasons. He felt the proposed merger would be worse, the integration risk of the proposed merger would be substantial, the financial impact on HP’s stockholders would remain negative, and the position of the company would not improve. I agree with opposing the merger of HP and Compaq. They knew from the beginning stages that the merger was going to be risky. Shareholders would lose and ample amount of value on their shares. Stockholders would get a very small amount of the combined company’s contribution to earnings. The merger would drown the stockholder’s interest in the imaging and printing business which is the most profitable of HP already. The merger would not improve the position of the company. Furthermore, HP had no experience with handling a merger of that size. All HP had to do was invest and focus more on the printing and imaging part of the company. The printing and imaging varied in low-end printers and supplies to commercial printing solutions. Instead of taking such a risky acquisition, they could have focused on something that proved already successful for the business. My contribution to the overall strategy report was to research where HP stands now. I also found official documents filed by both HP and Compaq to the SEC about the planned merger. The documents further explained forward- looking statements, assumptions, uncertainties, and risk of the planned merger between the two companies.