The Promising Future of Chinas Economy Essay -- Economy

The Promising Future of China's Economy If China's economy grows as fast for the next 20 years as it has for the past 14, it will be the biggest economy on earth: I feel that China's drastic improvements over the last 14 years are overwhelming, with their Real GNP growing at a rate of 9% a year, which means by, 1994, China's economy will match the performance of countries like Japan and Taiwan. China's standard of living has also increased, and the number of people who were considered absolutely poor decreased approximately 63%. I feel with the vast amount of people living in China, and the economic activity booming like it is, China's exports will continue to grow, as well as the standard of living. This will create more revenue, and more capital for them to produce even more goods and become even larger, prospering as one of the biggest economies on the earth. I also feel that China should try to overcome its corrupt system and steadily move into a free enterprise system. Competition has been the key to China's success: I believe that competition has been the key to China's success. When Mr. Deng opened the free market, it brought the first signs of the farmers becoming more rich since the 1950s. His political genius allowed the farmers to become rich. He also introduced the "open-door policy" which is proving to be very beneficial, as they follow in the footsteps of their strong rich neighbours. Mr. Perkins believed four conditions must be met for a market system to work well in reforming centrally planned economy. I believe if China continues to improve its productivity, and the number of monopolies decrease as studies show, China will move into a capitalist front only to... ...ver the last several years. The party has a large role to play in China's transition to a full market economy. China is on its way. the West should prepare China's interests lay in foreign investment, trade and economic reform. China's main driving force was competition, and they proved that privatisation and settling the matter of ownership are not so critical in the early stages of reform. In the years ahead, China must choose between keeping the communist party or kepping the stunning economic growth. If they continue to grow at the rate China grows, and keep improving their economy, and join the likes of Japan, they can combine forces in all aspects against the west, military wise and economically wise. if China's economy grows as fast for the next twenty years like it has for the past fourteen, it will be the biggest economy on earth.

Nuclear Energy - Clean, Environmentally Friendly Energy Essay example -

Nuclear Energy - Clean, Environmentally Friendly Energy Nuclear energy is the world's largest source of emission-free energy. Nuclear power plants produce no controlled air pollutants, such as sulfur and particulates, or greenhouse gases. "Renewables" like solar, wind and biomass can help. But only nuclear power offers clean, environmentally friendly energy on a massive scale. The use of nuclear energy in place of other energy sources helps to keep the air clean, preserve the Earth's climate, avoid ground-level ozone formation and prevent acid rain. â€Å"Currently, there are 103 commercial nuclear power plants producing electricity in the United States, located at 64 sites in 31 states. They are, on average, 24 years old, and are licensed to operate for 40 years with an option to renew for an additional 20.† (http://www.nei.org). Therefore I see no problem with utilizing nuclear energy as our main energy source. It can be used all the time because it is renewable, it doesn’t harm the environment, with the new de vices made, nuclear power engineers provide some safety for humans and animals. Problem with utilizing nuclear energy in full is the risks taken. In human cases, nuclear energy has radioactive particles that are harmful if exposed to them such as: gamma rays, beta rays, and alpha rays. Such types of harmful exposures increase vital injuries. For example: risks of cancer, lung limbs and bra...

How to Drive Value Your Way Essay

MGT665 – Individual Assignment HOW TO DRIVE VALUE YOUR WAY Submitted By: Hiten Bachani (129278117) 0 MGT665 – Individual Assignment Main theme The paper revolves around the migration of the value within the supply chain as industries and technologies evolve. The basis of which can be traced down to the changes occurring in the patterns of consumer behaviour. But the changes in consumer patterns does not necessarily result in the value being shifted from one stakeholder to other; rather it is purely a function of the type of industry and how it has evolved over the years. Idea in Brief Argument Successful Companies do four things well: Problem Lessons In turbulent times, profits have a tendency of migrating up or down the value chain, away from the established companies to the upstream or downstream partners. eg: In PC industry, value moved from IBM (manufacturer) to Wintel (suppliers) The trajectory is not witnessed in the Auto Industry, where the incumbent carmakers have maintained a constant share of the industry’s market capitalization despite dire predictions to the contrary. 1) Controlling the assets least likely to be commoditized 2) Being the guarantor of quality to end customer 3) Staying in close touch with the changing customers needs 4) Balancing the imperatives of growth and strategic control of the value chain The paper emphasis on four rules to that the companies can practice to influence whether the value migrates – and if so, to where in the chain. Rule 1 : Be the least replaceable player The question of who along the value chain is most replaceable fundamentally affects who can capture surplus  value. It has been argued that the system integrators are most difficult to replace in auto industry but it is not so in the PC industry. However, a company seeking to preserve or gain advantage needs not only to reinforce its own irreplaceability but also ensure that none of its suppliers become impossible to replace Rule 2: Become the Guardian of Quality Value in an industry mostly accrues to the player that customers associate most of the quality with the product. The quality guardian in the value chain, typically carries a disproportionate share of legal liability. Also the cost of liability differs across the industries, for e.g. it is quite high in auto industry since the life of customers are at risk if car crashes while it is low in PC. Rule 3: Follow the Customer When the end customer changes his needs, value may shift across the value chain. Hence it becomes imperative for the companies to link the customers need to the value proposition they offer. But in the absence of a fundamental shift in the end customer, incumbents will be well positioned to 1 MGT665 – Individual Assignment manage even disruptive technology—as long as they retain ownership of distribution and can resist the emergence of open standards. Rule 4: Manage the Growth Story This rule throws light on type of industry such as high growth or low growth and within that how the company changes its market share. It might be the case that a firm has only a small market share in a violently growing sector or a high share in a stable sector. When the high-growth industry in question is relatively small: Incumbents will be less inclined to fight hard to preserve dominance when the absolute profits are limited. The opposite applies, however, when the high-growth market is large. Here, scale often favours stability, because established players are large enough to maintain closed systems of suppliers, eschew open standards, and forestall change. Methodology study The author has tried to look at the problem through the lens of auto industry and PC industry and h as found contrasting differences while comparing. It has been observed that the value has hardly shifted along the value chain in case of Auto Industry while in case of PC industry it has drastically shifted from the hands of system integrators to the suppliers. The reason lies in the very nature of the product which both the industries sell. The paper also throws light on the methodology of how incumbents and challengers shift value across the value chain; both leveraging their strength depending upon their current capabilities. Also, it talks about the new corporate giants like Facebook and Google who do not compete in a sector but on the other hand shape it. This is because they focussed on the latent needs of the customers and came up with a value proposition leveraging the internet space (platform) at the right time making it difficult for the rivals to imitate because of the viral diffusion of the technology. Does it make sense Yes, up to a certain extent it does makes sense and there have been ample examples in the past to prove the hypothesis. Over time the customer needs have changed and successful organizations have reoriented themselves to cater to their needs. Also, they have been cautious to preserve their share of pie by follow ing the rules mentioned in the text. However, the conditions vary from industry to industry due to the different dynamics of the business scenario and the ecosystem in which they operate. It is worth noting that reputation of the player (not factored in the methodology) also plays a major role in some industries viz. Pharmaceutical industries. This may help the incumbents in the short run and give them a buffer time to rethink their strategies and retaliate so that the value does not move away from them. My opinion The author has done justice to his research by quoting right examples at the right place. One factor which has not been factored is the barrier to entry in the industry for a new player or for an existing player to transit from one stage to another within the value chain. Even in today’s world when the technology has become very sophisticated; suppliers also have a chance to build economies of scale and be a crucial member in the value chain of the industry by supplying to many players. This can be achieved by standardization of components at an initial stage and then employing methodologies like SMED (Single Minute Exchange of Dies) in manufacturing industry(Automobiles) which the author had quoted as difficult in terms of replace-ability as compared to PC industry; however thi s can be achieved given the upstream or downstream player has sufficient resources to overcome the barriers of entry. 2

Kant Ethics Essay

Introduction Immanuel Kant was a German philosopher born in 1724 and died in 1804. He is considered one of the most influential people on modern philosophy for his intensive research in the subject. This paper will discuss various articles written by Kant and analyze his thoughts on deeds that are right and deeds that are morally wrong. It will finally discuss importance of motives and duty of morality as illustrated by Kant’s work. Discussion Kant believed that there is no good that can emerge from the world apart from a good will (Kant, 1998). He said that without good will, qualities that are good and desirable become useless. This is because the person yielding these qualities may at times lack the fundamental will to implement and portray them. He called this lack of good will as bad character. He continued to say that when good will is not present, then Power, honor, health and the overall welfare, contentment and happiness will usually mess with the mind of the person and they will start pretending and believing lies created in their mind. Good will, according to Kant, can be facilitated by application of various qualities. However, these qualities may have no inherent absolute value, but constantly presume a good will, which succeeds the esteem that we simply have for them, not permitting us to consider them as extremely good. He attempted to identify the primary maxims of motives, which people are required to achieve. Kant did not base his opinions on claims about any subjective perception of the good, preferences, moral beliefs or regularly shared desires that people may have. Kant also recognized good will as the only absolute good; he refused to accept that the notion of good will could be established by referring to a tangible good. He believed that nothing could be a moral principle, if it was not initially a principle for everyone. According to Kant, morality starts with the denial of non-globalized principles. This idea was devised as a demand, which Kant termed as the Moral Law. He grouped the maxims in a manner that mediators could refer as â€Å"acting on the only adage that one can, and likewise will, just like an international law†. To clarify the point, Kant gave an example of an agent who gives false promises. He adds to this by saying that the agent’s action in this case does not fit to be termed as an international law. He explains that if the agent was hypothetical, then he would take part in the final outcome and this would make him stop his behavior of giving false promises (Kant, 2009). It is therefore clear that the principle of giving false promises cannot be categorized under universally shared principles. According to Kant, the principle of repudiating false promises is vital and the maxim of giving false morally forbidden. Kant is different from many utilitarian’s who regard false promises as wrong due to their adverse effects. He considers this principle as wrong since it cannot be used internationally. Kant identified two ethical modes of assessment, one of them being the fact that human beings have a high probability of evaluating the maxims adopted by agents. He asserted that if human beings had the capacity of evaluating such maxims, then principles with moral worth would come into being, since humans could decline immoral principles. He stated, â€Å"Those who accept principles that are not universal, have principles that are morally unworthy†. He considered those holding morally worth policies as working out of duty and said that human beings lack knowledge concerning the maxims of one another. Kant added to this by saying that people usually deduce the underlying principles or maxims of agents from the pattern of their actions, though no pattern identifies a unique principle. He gave the example of a genuinely honest shopkeeper by saying that his actions are not different from those of a shopkeeper who is reluctantly honest. Kant said that both shopkeepers deal justly out of an aspiration for a good reputation in business and would cheat if given the opportunity. Thus for common reasons, human beings usually do more than is of their concern with outer compliance to principles of duty, instead of paying attention to claims that an action was done out of such a principle. Kant discussed the relationship between principles of morality and people’s real inclinations and desires (Mac Intyre, 1981). He built the political insinuations of Categorical Imperative, which consists of constitution of the republic and value for freedom, particularly of speech and religion. He linked this with individual happiness which according to him can indirectly be viewed as an obligation. This is because one’s dissatisfaction with the wants of another might turn out to be a great lure to the wrongdoing of duty (O’Neill, 1991). He viewed this from another perspective and claimed that most men possess the strongest tendency to happiness. At this point, Kant gave the example of a gouty patient, who can make a choice of what he likes, and endure whatever suffering that comes with it. If he does this, he does not forego enjoying the present time to a probably wrong expectation of happiness believed to be experienced in good health (Kant, 1994). Kant states that, â€Å"an action from duty has its moral worth not in the aim that is supposed to be attained by it, but rather in the maxim in accordance with which it is resolved upon; thus that worth depends not on the actuality of the object of the action but merely on the principle of the volition† (O’Neill, 1991). The moral worth of a deed does not lie in the result anticipated from it, nor in the action or maxim which needs to make use of its intention from the expected result. In relation to the discussed effects, the endorsement of other people’s happiness could be caused by other reasons (Beck, 1960). Conclusion Significance of motives and the role of duty in morality Motives can either be of good or bad intentions. They often influence one’s roles of duty. The morality of duty is relative to the law and is therefore compared to the morality of religion. It, therefore, does not criticize man for not making full use of his life or by not doing good. He states that, â€Å"There is nothing possible to think of anywhere in the world, or indeed anything at all outside it, that can be held to be good without limitation, excepting only a good will† (O’Neill, 1991). Instead, it criticizes man for not respecting the fundamental principles and necessities required in life. A good example is the moral rule that man should not kill, since this does not have much to do with aspiration but the recognition that if one kills, he has not realized his duty of morality. I do not agree with Kant on the importance of motives and the role of duty in morality. This is because Kant only points out principles of ethics, but the same principles are so abstract that they can’t guide motives. Thus, his theory of the role of duty in morality is not motivating. He does not also give a full set of instructions to be followed. Kant lays emphasis on the appliance of maxims to cases that involve deliberation and judgment. He does insist that maxims must be abstract which can only guide individual decisions. The moral life is all about finding ways of good motives that meet all the obligations and breach no moral prohibitions. There is no procedure for identifying any motives. However, the role of duty in morality begins by ensuring that the precise acts that people bear in mind are not in line with deeds on principles of duty. References Beck, L. W. (1960). A Commentary on Kant’s Critique of Practical Reason. Chicago: University of Chicago Press. Kant, I. (1998). Groundwork of the Metaphysics of Morals. Cambridge: Cambridge University Press. Kant, I. (2009). Fundamental Principles of the Metaphysic of Morals. London: Thomas Kings mill Abbot. Kant, I. (1994). On a Supposed Right to Lie from Altruistic Motives. Oxford: Oxford University Press. O’Neill, O. (1991). Kantian Ethics. In A Companion to Ethics. Blackwell: Oxford. MacIntyre, A. (1981). After Virtue. London: Duckworth.

Is poverty of the third world the fault of the first world Essay

Is poverty of the third world the fault of the first world - Essay Example In this paper I argue that the major reasons for poverty in third world countries is the activities of developed countries. Role of developed countries in causing poverty in third world In one world, as in one state, when I am rich because you are poor, and I am poor because you are rich, the transfer of wealth from the rich to the poor is a matter of rights; it is not an appropriate matter for charity.† Such are the angry claims of Julius Nyerere, president of the African nation of Tanzania. His sentiments are echoed by the Third-World revolutionary Frantz Fanon: â€Å"The question which is looming on the horizon is the need for a redistribution of wealth. Humanity must reply to this question, or be shaken to pieces by it (Davis, 2012). Nobody is taking birth in this world as rich or poor. In fact natural resources are equally owned by the people in this world. However, rich people control the majority of the natural wealth in this world, not because of their rights but becau se of their ability to exploit it. Such people have the ability to exploit the natural wealth of even underdeveloped countries. Lack of education, unemployment and poverty, force governments in under developed countries to accept the strict terms and conditions put forward by the developed nations, for granting financial aids. Thus, the debts of poor countries are getting accumulated as time goes on. In short, developing countries are exploiting the weaknesses of poor countries while providing financial aids and hence the poverty in third world is remaining as a answerless problem. Because people in developed nations may have more wealth and resources than those in developing countries, their standard of living is also generally higher† (Poverty at large: A dark spot in humanity, n.d.). Higher living standards force people in developed countries to practice consumerism at the highest level. For example, wealthy people in developed countries have more than one vehicle in their family. When the number of vehicles increases, the consumption of petroleum products also increase. Since oil is a nonrenewable energy source, uncontrolled consumption of petroleum products results in rapid exhausting of energy sources. Shortage of oil sources cause price hike for petroleum products in global market. Price hike of petroleum products in global market increases the living costs in poor countries since petroleum products are necessary for the transportation of goods like food and other commodities. In short, increased consumption of petroleum products in developed countries is indirectly causing poverty in developed countries. Current world is extremely globalized and interconnected. The problems or developments in one part of the world can affect other parts of the world. MNC’s from developed countries are currently investing heavily in third world countries not for helping but for exploiting the natural resources of those countries. It is reported that billion s of tons of food products are getting damaged in the warehouses of developed countries. In a globalized world, it is the duty of the developed countri

Mayans Essay Example | Topics and Well Written Essays - 250 words

Mayans - Essay Example He refers to his offerings as golden, implying that they are valuable. The statues, which Augustus removed, were made of silver. He, however, chose gold for the temple because it was more valuable than silver.2 He is interested in donating what he feels is the best to the temple. It shows his desire to give back to the society instead of benefiting himself, a sign of modesty. In another situation, Augustus describes how he had bailed out the public treasury, built roads, and financed major public projects.3 He also describes how he had built a strong army in his nineteenth year using personal resources. His modesty comes out clearly from his desire to achieve the societal goals rather than personal ambitions. Augustus modesty is also evident from the way he chose to store the silver statues he had removed. It seems he did not want to offend the people who had honored him by building the statues. He chose to put their names on his offerings to the Apollo

Methodology chapter Essay Example | Topics and Well Written Essays - 2000 words

Methodology chapter - Essay Example These differences, which can be considered to be improvements on the latter approaches, are what make design-based research a good fit for this research study. Design-based research differs from lab experiment re4search in a number of ways, especially in the education domain. While using lab experiment research in this case would have required a laboratory setting to ensure that there were no significant interruptions from confounding variables, design-based research will enable the current research to account for the dynamics, complexities, and limitations of the real world classroom (Behrendt, 2010). In addition, despite the existence of significant dependent and confounding variables in the classroom, DBR does not seek to consider all the former variables. This ability to choose from a number of dependent variables offers an advantage for using DBR to study the use Adobe Connect in learning a second language, especially since lab experiments have a fixed procedure due to attempts to manipulate one variable and control for the rest. By revising the research design iteratively and flexibly over the course of the research, it will be possible to characterize the complexities of how participants develop competency in the use of technology (Behrendt, 2010). Moreover, the fact that DBR will allow for social interactions with the ESL teachers, as well as between the ESL teachers and their students. This is due to its â€Å"real world† orientation, which lends it an added advantage over lab experiment research that would isolate the ESL teachers and prevent their interaction with researchers. Due to the complexities portended by the language barrier and learning new technology, it will be difficult to come up with a hypothesis from ini tial investigation of the research problem, which is a requirement of experimental investigations (Behrendt, 2010). By using DBR, however, the researchers will be able to develop practical design profiles