Education Disparity Essays

Education Disparity Essays Education Disparity Essay Education Disparity Essay I consider the education the most important thing. This is the inducement of everything. It is the basis, the key of everything what then you can rely on. The inequality in the education was always an issue everywhere in the world, where a minority is exist. Not just in the developing countries, for instance Africa, but in the developed countries too. The lack of good education is I think the first issue facing various societies all over the world.A good education, which is not reached of everyone, provides the children for have good chances in the life, to be successful, to be able to compete in the labor market and to get a good job. Those who do not have the opportunity to learn in the same circumstances, because of the discrimination based on race or financial status, without education they will not be able to cope with the others, so it’s a vicious circle.The state, which not support the social mobility and the government which not make enough effort for the integration can’t be succeed, because I think, the state’s aim is to have well educated, occupied citizens to be able to develop. The state should not grudge the money for these integration programs and for the education, because these educational differences cause mostly the problem between the minority and majority. It’s something which is completely solvable; we just should deal with it. I would like to introduce an example from Hungary. Here, there is a very big gipsy minority which causes a big problem in the country.People just can not keep saying that they do not work, they do not study, they do not pay the taxes. But why they do not work? Why they do not study? May because they do not have the same opportunity to do it, because there are segregated schools and they not treated the same like the others. I was volunteering in one of these segregated schools in Budapest, where just gipsy kids were studying. After school on Fridays I went there and I tutored some of these kids, I helped them to learn reading, counting, I prepared them to a performance. I saw the circumstances where they were learning, their teachers, their parents, their possibilities.If you live in a poor neighborhood, or you are a member of the minority, it’s expected that the school you attend are lacking many necessities. This issue is also in connection with the racism, and I would like to come up with Jane Elliott’s „blue-eyed/brown-eyed experience. If there is an prejudice from the minority, that for instance they do not study and work, after a time they will act according to the prejudice. So if people say that the minority do not want to work and study, and people do not do anything against this (they do not give the opportunity), the minority will accept that situation and they will act like the prejudice.The break-out is very hard, because the parental education and behaviors really affect the children’s future. The disparity is also manifest itself in financial differences. The poverty in many cases also do not have the same opportunities like the others, however they are the same or even more talented. It’s more true about the higher-education, because I think it does not promote social equality as effectively as it should. In many cases there are very talented, enthusiastic students who can not attend in the higher education because of the lack of money.I would pay much more attention to these problems. First of all I would create equality in the education to give the possibilities to everyone. I would invest more money to the education, because in long- term this is the key why a nation can be successful. It’s something which is very profitable, because the education and the economy are strongly connected. Secondly, there should be more programs which promote the social mobility and the talented people. I would expand the economic foundation for the grants and scholarship.

B2B and Reseller Markets Essay

B2B and Reseller Markets Essay B2B and Reseller Markets Essay B2B and Reseller Markets Business-to-business (B2B) concept involves the aspect of decision-making in the majority of industry sectors (Hutt Speh, 2013). The majority of the collaborative business models in the modern times have made an effort to improve the face of marketing through the support of the B2B relationships amongst the entities. The application of the B2B also comes with challenges in the fulfillment of the negotiations and interactions imposed through the collaborative models in managing public business marketing processes (Hutt Speh, 2013). In this research, the description of the use of interaction protocols in defining and managing the processes in B2B relationships forms the core subject. The advancement of technology has enabled businesses conduct marketing electronically facilitating the existence of the Business-to-Business (B2B) E-Commerce (Hutt Speh, 2013). In some of the B2B relationships, the aspect of interaction forms significant challenge. The interactions within the B2B framework occur in three vital layers including content, communication, and business process. Internet-centered B2B related business models are effective in conducting business-to-business (B2B) commerce in the majority of the industry sectors. As one of the instantaneous mediums, the development of technology provides the business entities with new and improvised electronic marketplaces (Hutt Speh, 2013). Business Processes In the layer of business process, the B2B relationships necessitate the management of two distinct business processes including public processes and private processes (Hutt Speh, 2013). The private processes forms part of the enterprise itself managed through each enterprise in an independent way. The private processes receive support within the enterprises through a traditional Workflow Management System, proprietary systems or the ERP systems (Meyer, 2007). The public processes enable the spanning of the organizational boundaries following the involvement with the enterprises involved in the B2B relationship. The processes are under joint management and agreed on by the partners (Meyer, 2007). The activities of the public process have an abstract nature with the support of the private processes. As a clear distinction aid, the public and private processes enable the corresponding organizations abstract the internal process management from the respective management processes across enterprises. The collaborative business models usage have been proposed under several application domains including the supply chain management. The collaborative models have the support of B2B relationship with the inclusion of public business processes jointly managed through partner organizations (Meyer, 2007). Some of the collaborative models necessitate the businesses to establish autonomous B2B with the partners enabling the organizations collaboration. From the perspective of marketing, the collaborative models impose significant challenges in support of the management of the public business processes involved in B2B relationships and they are: Autonomy, the enterprises should have the ability to behave as relative autonomous entities, hiding their internal activities, decisions, and processes (Meyer, 2007). The information system in the management of B2B relationships in the enterprises should have independence. Decentralized management of the corresponding business processes through the enterprises joint management. Peer-to-peer interactions within the enterprises systems for the management of the B2B relationships to imply that the systems interact in a direct means without the independent third party system mediation Negotiation is inclusive in the management of the public processes. Although the proposal of web service composition and workflow approaches still stands in the management of the public processes, there are shortcomings presented in the achievement of autonomy, decentralization, negotiation, and P2P interaction capabilities. B2B Relationships Interaction Protocols The interaction protocols have been in the long run used in the major area of multi-agent systems for the representation of interactions among the involved agents (Hutt Speh, 2013). In B2B context of relationships, interaction protocol enables the management and modeling of the interactions among the involved enterprises in the B2B relationship. The interactions represent the business processes of the public that the enterprises agreed on the aspect of collaboration. Through this means, adapting the concept to the B2B relationships, an interaction protocol enables the description of the high-level communication pattern (Hutt Speh, 2013). This is through the admissible message sequence amid the enterprises playing different roles. The major objective of the interaction protocols is the abstraction of the public processes from specified services involved within the enterprises framework. This is for executing the supported public services internal activities (Hutt Speh, 2013). Within the system, different interaction protocols have one of the highest abstraction levels. An interaction protocol message does not represent the message on the business network. Interaction protocol message in implemented through the application of a lower-level protocol-involving network set of messages (Meyer, 2007). According to B2B three layers application, the interaction protocols transpire in the business process layer with the communication protocols occurring in the layer of communication. The major elements in the interaction protocol include messages, roles, control flows, conditions, deadlines, and logical connectors (Meyer, 2007). The roles are the responsibility in terms of the message sequence the enterprises performs in the B2B relationship. Messages involve the expression of the interactions containing the semantics defining their form. A message can be a representation of the decision, business information, acceptation, acknowledgement, proposal, and rejection. The messages can be of the asynchronous forms or synchronous. Conditions are defined as the messages to represent when messages can be sent (Meyer, 2007). The interaction protocol has two significant control flows. One of the control flows represents messages control flow defining the parallel or the alternative messages of the interaction protocol steps (Meyer, 2007). The second flow is a representation of the internal execution flow of the role describing the different reactions. These are of the roles to the incoming messages. The basic logical connectors are applicable in defining the control flows with deadline defined on the messages that represents time a role sends a message (Hutt Speh, 2013). B2B Standards and Interaction Protocols The B2B standards enable the exchange of messages amongst the enterprises in the B2B relationship. B2B standards are also utilized in the implementation and the exchange of messages defining interaction protocols (Kurtz, 2014). The enterprises should consider an agreement on the B2B standard to be applicable in exchanging the interaction messages. This is to enable the enterprises implement different and independent systems for the joint execution of similar interaction protocols (Kurtz, 2014). This is without the application of the proprietary communication protocol at a lower level. The B2B standards are large in number and consist of the following specification elements: A machine-process able definition language for defining the public processes An exchange sequence defining the transactions possible as required through every message and the constraints of the specified message, performance and like time-outs The business documents structure involved in the content of the message The form in which the messages are packaged and transported on the corresponding networks through specified communication protocols including SMTP and HTTP Messages Security Mechanisms All the B2B standard elements necessitate the implementation of the interaction protocols. Some of the standards specify only the elements defining the business documents (Pride et al, 2007). The rest of the B2B standards enable the specification of the required elements. The implementation of a message using the B2B standards enables each of the interaction protocol messages to consist of more messages. The transaction messages enable the keeping of the message as a unit through the application of responses. In the business transactions, one of the roles performs the requesting of the specified activity with the other one performing the responding activity (Pride Ferrell, 2007). The B2B relationships are under the management of public and private entities with an explicit separation between the private and public processes managed in an independent means (Pride Ferrell, 2007). The modeling of the public business process through an interaction protocol of the B2B relationships focuses on the messages enterprises exchanges for interaction and message orchestration. The interaction protocols facilitates greater enterprise autonomy in marketing framework since the enterprises hides internal activities, decisions and services necessitated for supporting public processes (Pride Ferrell, 2007). Public Business Processes Modeling with Interaction Protocols In the B2B perspective of modeling interaction protocols, the two languages necessary includes the textual modeling language and the graphical language modeling (Villarreal et al, 2003). The former provides the intuitive semantics that enables the business marketing process designers understand and define the public process for interaction representation between partners. The second language enables the enterprises exchange the interaction protocol descriptions. They can be understood and process able through the information system of the B2B relationships for the interaction protocol execution (Villarreal, Salomone, and Chiotti, 2003). The major difference that exists between the interaction protocols and the other approaches for public processes modeling is the interaction protocols not defining the services or activities (Kurtz, 2014). The modeling of the process with the aspect of the interaction protocols draws the focus on the messages sent and received through the roles of the enterprise in every step of the process. For exemplifying the interaction protocol modeling, capacity planning and collaborative planning processes are defined through a partner-partner collaborative model. The collaborative model carries out the business process amongst the enterprises manufacturing belonging to different chains of supply in the market (Kurtz, 2014). The model has a public business process carried out jointly by partners in a decentralized procedure. The collaborative model necessitates the enterprise establishment of an independent B2B relationship with the partners (Kurtz, 2014). Conclusion Interaction protocols in the B2B relationships perspective enable the management and modeling of public business processes consideration through autonomous and heterogeneous partners. This is for the relative achievement of B2B relationships goals. The protocols provide an abstraction framework level for modeling interactions that represents public processes. With the models of the B2B relationships, the messages exchanged by the corresponding enterprises are significant. The protocols of B2B also enable the implementation of interaction protocol for marketing systems fulfilling the collaborative business models requirements. IMP communicative acts facilitate the definition of the B2B relationship interaction protocols without the consideration of the B2B standards applicable in the implementation process. Achieving the independence between the B2B standards and interaction protocols is possible. The independence provides several of the benefits to the business marketing practice. The enterprises have the ability to carry out implementation programs of the interaction protocol with their networks with different partners using B2N standards of different versions. The communicative acts also enable the B2B standards joint functionality for the provision of advanced solutions to the B2B environments. This enables the marketing enterprise systems supporting the B2B relationships to facilitate the understanding of same interaction protocol independent of the technologies used in building them. Visit our online essay writing service to get professional writing help from academic experts who are hired to produce high-quality custom essays from scratch!

Choose your own Coursework Example | Topics and Well Written Essays - 1000 words

Choose your own - Coursework Example People moving up and down and deliveries taking place, that would later work against us. The assignment given to us humiliated my comrade, Benson, and he questioned the mission as we boarded the cargo ship. I was very attentive and picked every step since I could be cannon-folder in no time. It was difficult making my way out into the yard using the walls for cover. I had lost all hope and my dignity was at an all-time low. Benson had talked, complained and was tired; it was time for him to see things develop without commenting or uttering any word. It was time to move out and carry our heavy guns on our shoulders. This is an experience that I could not believe to be going through in real life. The gun-strap was heavy, but I was optimistic about getting relieved once I started using it eventually. From my standpoint, I could see two guards standing at ease under a swathe of lamplight, and they were very tired calling for a reprieve on deaf ears. Sadly, these soldiers dropped down and cried as they hit the floor. I developed sympathetic feelings towards them and concluded they did so because of humanity. I was traumatized by the activities going on at the port and knew that one day, I would be dead, and my family back home will never hear any more from me. My ears were filled with the noise and sounds of the port; I become paranoid forcing me to hide behind a huge iron door for my security. I started feeling lonely since I could no longer see Benson, the only person I banked on for my strength and survival. The death of our people and opponents was rising and the developments thrilled me. The initiation of weapons of mass destruction was a loss to humanity since people were claiming their fellow human beings. â€Å"What a terrible day,† I cast the day because I never expected to see the entire taking place. It was frightening, and I was in solidarity with my fellow men. Although I had my gun with me, a gun given without my consent, it was impossible using it

'In company reporting, the measurement of the amount of impairment of Essay - 1

'In company reporting, the measurement of the amount of impairment of many types of assets is so subjective as to be meaningless - Essay Example Some assets can't be reported simply, so the subjectivity arises from the choice of impairment modeling and accounting presentation: Like trying to map a 3-dimensional sphere on a 2-dimensional plane, inevitable distortions crop up no matter what approach one takes to presenting the data. Yet other assets, while objectively declining in value, do so at a rate that is impossible to determine, so any presentation is subjective because it is a choice as to what data to include and what not to, what prediction to make. Yet even this incomplete, subjective picture is far from meaningless for investors, auditors and stakeholders. Asset impairment is defined as, â€Å"An unexpected or sudden decline in the service utility of a capital asset, such as a factory, property or vehicle. This could be the result of physical damage to the asset, obsolescence due to technological innovation, or changes to the legal code. Impairments can be written off† (InvestorWords, 2011). Assets can declin e for a variety of reasons. Simple wear and tear can make an asset less than its expected new or even used value: For example, a vehicle that operated in difficult conditions such as snow or sand could be below the expected market value for a vehicle of that age. In this sense, asset depreciation is a subset of asset impairment. But this determination can be subjective: It requires guessing the cost of the additional damage which could vary from potential buyer to potential buyer. Technological innovation can make some objects obsolete: Certainly, computers have obsolescence and an incredibly high rate of turnover. But anticipating that requires expecting Moore's Law to continue operating, as well as treating the computer as a unified asset, yet different parts of the computer depreciate at different rates and accounting standards are always changing to reflect that for different electronics (Ward, 2011). A legal change could make a piece of machinery become illegal in a particular country, but then the asset could be sold elsewhere, which could require a degree of subjective currency anticipation and assessment of liquidation risk and benefit. This is why goodwill is recognized as the standard for impairment of many assets, and it is commonly accepted that there is a great degree of subjectivity in making this determination. â€Å"We are facing a new era of economic development with a growing significance of intangible assets. Goodwill constitutes a significant asset for numerous companies, especially those which are operating in high technology industries. According to the growing importance of intangibles there has also been a significant change in standards associated with accounting for goodwill† (Jerman and Manzin, 2006). In particular, using fair value accounting for goodwill and for determining the need for disclosures leads to inherent subjectivity: â€Å"The fair value may be determined by using different approaches such as using available ma rket prices, present value techniques, prices for similar assets and other valuation techniques. Users of financial information should consider that market values are not always on disposal. Consequently fair value estimates are based on subjective judgment† (Jerman and Manzin, 2006, 222-223). One of the reasons why there is so much subjectivity is because investors rightly demand disclosures of

Dealing with Death and Dying Personal Statement - 1

Dealing with Death and Dying - Personal Statement Example I felt satisfied with the condition of the patient and the family before the incident occurred. This was because both the patient and the family had accepted the imminent death of Betty. Elisabeth Kubler-Ross (1969) in her book On Death and Dying has pointed that openly acknowledging the imminence of death and assisting the patient and family in addressing their issues of immediate concern would significantly improve the quality of the dying process. I had made efforts to ensure that rather than denying the situation the family could come together and support each other. I saw them expressing important emotional feelings for each other. I knew that this interaction was going a long way in helping Betty to resolve unresolved issues. I felt that she was being freed of emotional bondages so that the physical process could take its course peacefully. What was bad about the experience was the sight of a patient for whom I had worked hard in tears. I was reassured when I found that the reason for Betty's sadness was a dream rather than negligence on my part. I know that the emotional turmoil that goes on in a person who is dying is very intense. So I had taken every effort to address as many of these issues as possible and to be ready for all physical as well as emotional contingencies. When Betty shared with me about her dream I was a little unprepared. Especially as my personal belief is that dreams are a reflection of reality and was not inclined to accept that loved ones who have passed away could appear in dreams. However, as a nurse giving palliative care, I was aware that I needed to be sensitive to the beliefs of the patient.  

Baudrillards ideas on the film The Matrix Essay Example for Free

Baudrillards ideas on the film The Matrix Essay It has long been a condition of western culture to act for the accumulation of material objects. This is in part due to the capitalist nature of the world within which we live. Marx identifies in The Critique of Capitalism the emergence of two new classes of people, namely capitalists and labourers. The term capitalist describes any person who has personal ownership of capital, which consists of raw materials, instruments of labour and means of subsistence (Marx). In contrast a labourer has only the value of his labour (life activity), which he exchanges with the capitalist for a wage and as such the worker sinks to the level of commodity (Marx). Because the labourer produces for the capitalist a commodity of greater value than that of his wages and in addition those wages are paid back to the capitalist in return for subsistence, therefore social control in exerted over the working class, whilst providing the capitalist with excess commodity. The labourer consentingly becomes a slave to the system on which he depends. In addition Marx states that as the relation between capitalist and labourer (manufacturer and consumer) develops, so competition between rival capitalists becomes apparent. In effect the capitalist is forced to capture more of the market by selling goods more cheaply by the consolidation and exploitation of labour power e. g. by machinery. Such a strategy ultimately limits the demand for labour and so new industries must be developed for exploitation. These new industries are necessary because capital exists only in relation to its ability to command labour and social control and as such they reciprocally condition the existence of each other (Marx). These forced increases in demand and therefore production are evident in the contemporary world market. Important to the development of Capitalism is the use of money which abstracts labour and commodity values to a common unit for the purpose of trade. In effect the labourer discovers that the product of his activity is not the object of his activity (Marx) thus a level of abstraction occurs, which was consistent with the modernist values of the time. Karl Marx and early capitalism were mainly concerned with production which remains important but it was Situationist, Guy Debord, who gave the first insights into late capitalism and the theories that best apply to todays world economics and culture of commodities. Debord, in his book The Society of the Spectacle, bases his examination of commodities around consumption, media, information and technology. As such Debord suggests that in societies where modern conditions of production prevail, all of life presents itself as an immense accumulation of spectacles. Everything that was directly lived has moved away into a representation. By this he means to describe the world and its products as mere appearances, where the real meanings and values of commodities are translated into signs. Essentially it is a world vision that has been objectified (Debord). Debord explains the phenomenon of the spectacle as resulting from the ever increasing production of capitalism. Because competition between capitalists inevitably leads to an excess of produce, so consumer demand must be increased. Such an increase is controllable by the spectacle as the real consumer becomes a consumer of illusions, (Debord) so he can be manipulated to believe he must consume beyond the basic necessity for survival e. g. leisure products. Therefore the spectacles form and content are identically the total justification of the existing systems conditions and goals (Debord). The spectacle is mediated in society as information or propaganda, as advertisement or direct entertainment consumption, (Debord). The effects of the mediated spectacle tend to lead the consumer to an experience of alienation as the consumers want for commodities is dictated to serve and maintain capitalism. In addition the spectacle constantly reinforces itself, for example the television, which is in itself a product of the spectacle that is then used by the capitalist to implement the advertisement of other spectacles. Essentially the spectacle is the nightmare of imprisoned modern society (Debord) and explains the transition from the degradation of being into having to having into appearing (Debord). Jean Baudrillard took Marxs Critique of Capitalism and Debords The Society of the Spectacle to their conclusions with his own theory of simulation and simulacra. Similar to the idea of the spectacle, Baudrillard describes a world where the subject of everything has been replaced by a semiological value that has become more important than the original, real meaning of the object. This object he calls a simulacra. In Simulacra and Simulation Baudrillard adds extra complexity to these ideas by establishing a hierarchy of simulation, which he gives four orders. In the first order the object is a copy of an original and so can be linked to a basic reality, for example a photograph of an actual event. The second order of simulation misrepresents the original subject; in the example the photography has been digitally manipulated in Photoshop to present a non-occurrence. In the third order a reality is recreated from a simulation of an original reality, when in fact, through the process of simulacra, the original has been lost, e. g. a scene is recreated from the digitally manipulated photograph of the original event. Finally, the forth order of simulation is the combined process of the first, second and third order to such an extent that the object bears no relation to reality or the original, for example the photograph has become a virtual reality. In this instance the link between reality and the signifying systems is almost impossible to ascertain, thus creating a hyper-reality. It is the use of one simulacra as a basis for the formation of another simulacra that shows the first signs of relevance to post modernity. Consequently, in post modernism, everything is understood in relation to everything that has come before, which in design manifests itself in referencing. Post modernism is also concerned with the fact that there is no right or wrong and essentially that no real truth exists. It is of course possible for a sign to make a transition through all four of the orders of simulation, constantly abstracting meaning and widening the gap between simulation and reality. However due to the complexity of repeated abstraction and signification it becomes necessary for an amount of speculation and simplification to occur when examining transitional examples. If we take, for example, the now famous emblem of automotive company Rolls Royce, it becomes apparent the extent to which a symbolic object can be re-simulated, each time loosing a part of its original meaning. Spirit of Ecstasy, designed by sculptor Charles Sykes and mass produced in 1911, is a cast metal emblem representing the figurine of a girl with arms outstretched to hold the folds of her gown blowing in the breeze. To the present day this emblem has been displayed on the bonnets of Rolls Royce cars and is the first order of simulation in terms of it being a representation of a real person from which the sculpture has been modelled. The object also references the figure heads of classic sailing ships in an attempt to convey the automotive product as an elegant, quite and reliable vehicle, which were the mediated associations with the brand during the early development of the company. In this instance the object enters the third order of simulation as a real event (model posing for sculptor) is created from an existing symbolic object (sailing boat figure heads) in order to be recreated as a new symbolic object (Spirit of Ecstasy emblem). At this point it is important to note that this example as an investigation could examine many more stages of referencing prior to the signs use as figure heads, though this could prove too difficult and inaccurate, again reinforcing the existence of a hyper-reality. The tea pot, designed by Michael Graves in 1985 for Alessi, brings the symbol to its conclusion. The tea pot employs a plastic emblem of a bird that is attached to the spout of the kettle and creates a whistling noise when the water is boiled. This creates a pun between the whistling of a kettle and the singing of bird but more importantly, its similar visual appearance (i. e. the wings of the bird and the outstretched arms and gown of the girl) makes a reference of Rolls Royce cars. Because during the late 20th century the values associated with Rolls Royce have matured to convey the brand as one of top class and status, so it are these value that are associated with Graves tea pot, supposed to the original associations that Rolls Royce was referencing from classic sailing ships. Therefore the product has clearly entered the forth order of simulation is it holds no relation to the original meaning that the original object as sign attempted to represent. Also, by referencing past signs, it can be described as a post modern object. Like Debord, Baudrillard agreed that simulation was important to the survival of capitalism as it, through mediation, can control the level of consumption within society. Baudrillard used the term valorisation to describe the process through which symbolic objects attain value. An excellent example of valorisation is Pokemon cards, which are essentially printed illustrations on card and so their use value is very low. However, via mediation, Pokemon cards have been given a simulated symbolic value that has made them desirable and powerful as a commodity. As well as design, Baudrillards theory of simulation and simulacra has also proved influential in film making, for example in The Matrix, directed by the Wachowski brothers. The Matrix is set in the future at a time when the real world has been reduced to a desert waste land by a war between humanity and machines; after the invention of artificial intelligence. Because the machines are dependant on solar power, the humans have caused the equivalent of a nuclear winter by blocking out sunlight. This has caused the machines to retaliate by imprisoning humans in gel filled pods so that energy can be extracted from them in the form of heat. In order to control the humans in this procedure a computer simulated world called the matrix exists, that all of the imprisoned humans are connected to, living their lives in what they believe is the late 20th century, oblivious to the fact that their real bodies are in stasis in the real world. The film therefore acts as a metaphor for contemporary western cultures. Firstly the matrix is an existence of the fourth order of simulation in that it is a system of mere signs that are completely detached from reality, i. e. hyper-reality. Just as in contemporary cultures, the people who live in the matrix are unaware that they are controlled by a system through simulation. You are a slave, neo, like everyone else you were born into bondage, born into a prison that you cannot smell or taste or touch, a prison for your mind What is the matrix? Control. The matrix is a computer generated dream world built to keep us under control in order to change a human being into this (he holds up a copper battery) (Morpheus talking to Neo, The Matrix). In addition the film suggests that the prisoners of the Matrix are also dependant upon it, to the extent that they will fight to protect it. Baudrillards idea of mediasation appears in the film when it is suggested that there was a machine spawning a whole race of machines (Morpheus talking to Neo, The Matrix), thus the social control of the machines (mediation of signs) increasingly exert themselves with every new generation. Interestingly The Matrix seems to offer a solution to simulation and social control by the system, which is one of enlightenment. Once Neo understands the systems and can see the signs (computer code) of the matrix for what they really are, then he can choose to follow a different set of rules thus gaining control of his environment. As well as a theological basis on Baudrillard, The Matrix tends to convey the story via symbolic references and thus is post modern by nature. For example the follow the white rabbit scene employs a tattoo of a white rabbit, which is referenced from Alice in Wonderland in order to convey the uncertainty in discovering the truth of an alternate reality. In the same scene Neo also opens a copy Baudrillards Simulacra and Simulation in effect reinforcing links to that element of the film. In conclusion, I have identified the main themes surrounding Baudrillards orders of simulacra and simulation, shown how they relate to modern and post modern design and have given contemporary examples of their use in product design and film making. I believe that such an understanding of simulation has served well to better understanding referencing in post modernity. References Debord, G., (1977) The Society of the Spectacle, Black Red Poster, M., (1998) Jean Baudrillard: Selected Writings, Polity Press Tucker, R. C., (1978) The Marx Engels Reader Second Edition, Norton Company Bibliography Hebdige, D., (1994) Hiding in the Light, Routledge http://www.geneseo.edu/~bicket/panop/baudrillard.ht http://www.artisanitorium.thehydden.com/nonfiction/film/matrix.htm http://www.rolls-roycemotorcars.com/master_frame.html

Aggregate Supply Curve In Malaysia

Aggregate Supply Curve In Malaysia Since 1970, Malaysia has transformed itself from raw materials producer into rising multi-sector economy. Under present Prime Minister, Malaysia is trying to reach high-income status and to increase value-added production series by attracting investments in Islamic finance, technology manufacturing, biotechnology, and services. The government is trying to enhance local demand and lessen economys reliance on exports since exports remain an economy major initiative. As oil and gas exporter, Malaysia has gained profit from higher world force prices, even though government subsidies is forced to cut down due to the growing domestic gasoline and diesel gas cost, mixed with overwrought government finances. The government is also aiming to lessen its reliance on state oil producer PETRONAS as oil and gas segment contributes above 40% of government income. The central bank retains good foreign trade stores, and well-developed regulatory system has restricted Malaysias disclosure to threaten financial mechanism and global financial crisis. On the other hand, Malaysia could be at risk to fall in product prices or broad decelerate in worldwide economic activity because exports are Gross Domestic Product (GDP) main element. Prime Minister has lift up potential adjustments to the unusual economic and social favorites with the purpose of attract increased investment; however he has met major conflict, particularly from Malay nationalists and other vested interests. However, during global financial crisis in year 2008-2009, although Malaysian financial system was protected from the direct effects of financial contact due to disallowed of new derivatives into the country, the global financial crisis has transmit uncertainty on the Governments plans to attain vision 2020 because of collapse in exports and slowdown in foreign direct investment (FDI). Theoretical Background Aggregate demand (AD) is aggregate quantity demanded for goods and services in economy at given general price level. It is symbolized by aggregate demand curve, which illustrates the negative relationship effect between price level and total output assuming no variation in government spending, net taxes or monetary policy variable. Aggregate demand curve is downward sloping because of wealth effect, interest effect and exchange rate effect. At each point along aggregate demand curve, the total quantity demanded is exactly equal to planned aggregate expenditure, which is the combination of consumption, investment and government spending. Each point on aggregate demand curve stands for certain level of aggregate expenditure that is dependable with equilibrium in goods and money market at given price. When the aggregate demand curve is moved along, the change of price level is presumed to cause equilibrium GDP change but other determinants of equilibrium GDP remain constant. When other determinants except price level lead the equilibrium GDP change, aggregate demand curve will shift itself. The other determinants of equilibrium GDP are consumption expenses, investment spending, government expenditure, taxes, net export and money supply. Aggregate supply (AS) is total goods and services supplied that are produced in economy at particular overall price level. It is corresponded to aggregate supply curve or price/output response curve, which demonstrates positive relationship effect between total output amount supplied and overall price level. The curve also draws out the price and output choices of all markets and firms in economy under given set of circumstances. In short run aggregate supply, the idea of fixed capacity plays role in macroeconomics. At low output point in economy, there is possible to be surplus capacity in economy. An increase in aggregate demand is possible to outcome in increase in amount produced with slightly or no raise in overall price. Thus, aggregate supply curve is likely to be flat at low aggregate output level. The economy maybe works below capability if there is cyclical unemployment even if firms are not holding surplus labor and capital. The short-run aggregate supply curve is upward sloping, because the price of a few inputs are supposed to be decided under auction-like situations, caused by markup pricing and/or presumed informational irregularities. In long run aggregate supply, firms reaction to an increase in aggregate demand varies from primarily increasing output to principally increasing prices as unemployment rate falls, wages and cost of inputs will increase. When economy is producing at its maximum capacity, aggregate supply curve becomes vertical. There must be time delay between change in input price and change in output price for aggregate supply curve to slope upward. If input prices altered instantly to output prices, the aggregate supply curve would be vertical. Wage rates may increase at similar rate as overall price if price level increases in fully foreseen. The reasons of the shifts of short-run aggregate supply curve are cost of production, expectation on future price level, economic growth, public policy and weather condition. Meanwhile, the causes of shifts of long-run aggregate supply curve are change in labor, capital, natural resources and technology. Equilibrium price level is the price level at which the aggregate demand and aggregate supply curves meet. Equilibrium price level matches up with equilibrium in the goods money markets and lays down price/output decisions on part of all firms in economy AD/AS agenda is applied to assess the effects of monetary fiscal policy on the economy. Potential GDP is aggregate output level that can be continued in the long run without inflation. Economists consider costs cover behind price level changes in the short run; eventually move with the overall price level in long run. If the price level increases at a fixed rate, inflation may be fully foreseen built into labor contracts. Discuss and argument Aggregate Supply is the total supply of all goods and services in an economy.Normally , the aggregate supply curve is draw like vertical line, also name as classical range.But , in reality, this Aggregate supply are divided into 3 range , which is Keynesian range , intermediate range and also classical range. Keynesian range occur in the short run and show a horizontal segment on of the aggreagate supply curve (blue line) , which represent the economy is under the recession condition.Base on table below ,the price level is fixed regardless how many the output had been produce by the country.When AD shift rightward from AD1 to AD2 ,the total output has increase but the price level remain the same.This is due to the substaintial idle production capacity such as unemployed worker competing for available jobs can put to work . The intermediate range ,as show in the pink line,is the rising of aggragate supply curve when the economy is approaching full employment output.When the AD shift rightward from AD3 to AD4, the output and also price level increase .This show that they have the positive relationship between price level and real GDP .When the price level increase , this had cause the inflation occur.There are 3 factor cause this inflation occur, the first one is bottleneck occur because the firm no fully utilise the resources .Example,if the steel industry no fully supply to the steel firm .Bottleneck cause steel firm no enough raw material to produce their product and the cost of steel become higher, so they will also increase the price of thier product , so inflation occur.Moreover, when the company are earning higher profit, their worker will tend to ask for higher wages.The wage demand to increase is hardly to reject because company fear the worker will quit or strike .Beside , the company also can pass the cost on to consumer side easily because in this stage ,the unemployement rate is lower, all people got thier job and they are expect higher price of goods as they feel that will be more quality.Lastly is that sometime the firm still using the less produtivity worker or outdate machinery.This will cause the cost of production increase and become higher product price. Lastly the classical range is occur only in Long run supply curve where the curve is vertical shape ,which show that the real GDP remain constant at full employment output at point Yn, regardless how many the price level had increase or decrease.When the AD shift rightward from AD4 to AD5, the output remain constant ,but it will cause the price increase, as a consequency economy suffer inflation. The effect of increase in Aggregate demand AD1 AD2 AD3 AD4 AD5 AD6 YN Aggregate_supply_svg.png Now we consider the aggregate demand curve is stationary and the factor that influence the aggregate supply curve to shift.This factor are call non-price-level determinants. What happen aggreagte supply curve in Malaysia recently? During the year 2008, the oil price in Malaysia suddenly increase sharpy to US$147.27 ,compare to the year 2002 which the oil price is merely US$20 (Hour, 2009). This issues was cause many household and also firm suffer a lot .As we know that the changes of aggregate demand is base on changes in total demand for all final goods and services.In the statistics of consumer price index (CPI) had found that every cunsumer use 68% from their income for consuming food, non-alcholic beverages, housing , utility, gas ,transportation and also fuel.After the fuel hike in june 2008, the CPI immediate rose to a 27-year high of 7.7% instead of 3.8% in may,2008, which had increase 3.9% within 1 month.Increase in input price had cause the price level of economy increase, the household purchase power will drop because their real income had decrease.For example, before increase in oil price, one plate of nasi lemak is cost RM2.00.but after increase the input price, the seller need to bear higher cost to transport the same quantity of nasi lemak, so they will transfer the cost to consumer by increase the selling price to RM4.00.Now ,with the same plate of nasi lemak , the buyer need to paid double price , therefore their purchase power decrease. Moreover, it also will affects the households monetary wealth drop .As a consequence, the total consumption decrease ,aggregate expenditure reduce, and finally affect aggregate demand drop . Aggregate supply curve will shift based on changes in input price.As we know that most of the firms need the oil price for transport and deliver their product.When the oil price increase , the firms input cost will be increase as well, therefore , the firms will supply less outputs.then the short run aggregate supply curve will shift to left, then the price level increase ,total output decrease .When the output decrease, the manage will try to reduce the input cost such as layoff some existing labor.Therefore the unemployment rate will increase. Why suppy shock will occur in Malaysia? The first reason the affects the oil price shock occur in Malaysia is because 80% of the worlds oil reserves are own by state-owned oil firms so it tend to limited the international companies to access (Hour, 2009). Beside, the cause of shortage of oil supply is because of most of the big located field are found in the a few decade ago and one days this field will also be used up as the raw material are limited in this world.Furthermore, the size of the oil field found recently are very small and costly to operate .For example, if we found 10 small oil field in seperate location, that mean the firms need to set up 10 rigs compare to a big oil field they just need a big rig. The suppy shock can solve antomatically? In long run, the oil price shock can be solve automatically if the government or central bank does not implement any policy.When the oil price increase,the input price for the supplier will be increase, then the short run aggregate suppy will shift to the left,price level will increase from Po to P1,aggregate output will decrease from Yo yo Y1.In the long term, the drop in the total output will cause the firms want to layoff the employees to reduce their cost,so the unemployement rate in market will rise .The price expectation of employees for higher wage will drop and cause the firms have more money to increase more outputs to supply. So the short run aggregate suppy curve will shift back to right from SRAS1 to SRASo.Therefore , the price level and also total output are back to equilibrium level and the stagflation is solve. P YN Y1 P1 P0 LRAS SRASO ADo Y SRAS1 The supply shock can solve by government? Although the oil price shock can be solve in long term , but in the short term the citizen are suffer a lot especially for the low income family and also the unemployement rate increase rapidly.The umemployed citizen are depend on the money in their saving account for survive.If the price level increase more higher ,they is stuck with high cost of living without any compensation from the government.So, government must implement the expansionary fiscal policy to solve the unemployement .When inplement this policy, the Aggregate demand curve will shift rightward from ADo to AD1.Then the price level will increase from P1 to P2,total output will increase back to equilibrium level of output from Y 1 to Y2, and now Y2=Y1.The price level had increase higher than before , and the output back to equilibrium level, and the higher inflation occur. SRASO SRAS1 ADo AD1 LRAS P Y YN= Y2 Y1 P1 P0 P2 Factor to shift the aggregate demand curve Aggregate demand(AD) is the total number of demand of goods and services in economy. The AD is almost equal with aggregate expenditure(AE). The factor will affect the AD curve are based on equation of aggregate expenditure, AE=C+I+G+NX. In the AD curve, each point is representing certain level of AE that same with the equilibrium in money market at given price. When AD curve is moving along, price level change as due to the change of equilibrium GDP but other determinants are remain constant. When opposite direction, change of other determinants change the equilibrium of GDP, AD curve shift itself. Therefore, the other determinants are consumption spending, investment spending, government spending, taxes, net export and money supply. The quantity of money supplied at a given price level will affect the AD curve. When money supply is increase, the curve shift to the right from Ms0 to Ms1. The interest rate will drop from r0 to r1. The interest drop due to the increase of investment spending and the AE increase cause the real GDP increase. AE curve shift upward show that the output will decrease. At the end, the AD curve will shift right from AD0 to AD1 to remain the price at the constant. P AE=Y AE1 AE Y Y0 Y1 I r0 I0 I1 Md r1 r r Ms0 Ms1 Md M r0 r1 P Y AD0 AD1 P0 Y0 Y1 In the others hand, if there are spending shock, means the government spending is increase, this will affect the AD curve shift to the right. Shown from the graph below, when the increase in government spending at any given price level, the AE curve will shift upward and rise the real GDP. when the real GDP higher the given price level, it cause the AD curve shift to the right from AD0 to AD1. P Y AD0 AD1 P0 Y0 Y1 P AE=Y AE1 AE Y Y0 Y1 G Why oil price shock will affect aggregate demand curve? Aggregate demand is based on changes in total demand for all final goods and services. During the oil price shock, the oil price increase in Malaysia. This increase of oil price cause the price level of economy increase. The price level affect the real income decrease and reduce the purchase power of household. Household purchase power drop mean that the consumption decrease. Consumption spending is one of the factor to shift the AD curve. When consumption decrease, it shift the AD curve to the left from AD0 to AD1. Therefore, the price will decrease from P0 to P1 and the output also decrease from Y0 to Y1 AD1 P0 AS AD0 P1 LRAS P Y Y0 Y1 How to solve the aggregate demand automatically? If the government or central bank do not implement any policy during the shock of the oil price, this has to solve the aggregate demand automatically. After the aggregate demand shift to the left from AD0 to AD1, the price and the output were reduced. When the output drop, the employment decrease and unemployment increase. This affect the expected price drop and the wage rate decrease. At the same time, the short run supply curve shift to the right from AS0 to AS1. At the end, in the long run, output will return back from Y1 to the natural output Y0, but the price will keep on decrease from P0 to P1 and P2. This cause the deflation occur in the economy. Y0=Yn AD1 AS1 P0 AS0 AD P1 LRAS P Y Y1 P2 How the government or central bank solve the supple shock? When the supply shock solve by automatically, it will stay back the output value but the price decrease continuously. This affect the whole market economy and become deflation. The deflation will make the economy down and this will make suffer to the whole country. Therefore, government should implement the policy to solve this problem. To shift back the aggregate demand curve, government need to implement the expansionary fiscal policy. This policy can shift the aggregate demand curve to the right from AD1 back to AD0. In the long run, the price back to the natural price P0 and the output also change from Y1 to the natural output of Y0. AS LRAS Y AD1 AD0 Pn=P0 P1 P Y0=Yn Y1 Conclusion The oil price shock in 2008 had brought a large impact for Malaysias economy. After rising in oil price, producers need to pay higher input price for the production purpose. Thus, firms sold their goods for higher price which causing consumers purchasing power dropped and the aggregate demand decrease. The increasing input prices also causing firms to produce less output which might cause the unemployment rate increase. In short run, government can implement the expansionary fiscal policy to solve the unemployment problem. However, the price will increase even higher than before which might cause hyperinflation. If the government or central bank does not implement any policy during the oil price shock, the problem will be solved automatically in the long run but it might cause consumer to suffer a lot in the short run. We recommend Malaysia government to develop reasonable oil price setting instrument, obtain cheap oil from foreign country, searching alternative resources, give subsidies to firms and increase wage rate of workers in order to minimize the consequences of increasing oil price. Throughout this assignment, we have a better understanding about the aggregate demand and aggregate supply and able to apply it in real economy situation. We had also learned how to work in a team efficiently and effectively in terms of collaboration and time management in order to accomplish the task given. Recommendation Increasing in oil prices is a serious issue that may affect aggregate supply and aggregate demand which bring large impact to Malaysias economy. Appropriate ways need to be taken in order to minimize the consequences of increasing oil price in Malaysia. Our suggestions are as follow: Reasonable Oil Price Setting Instrument First, government needs to develop reasonable oil price setting instrument which may ensure the oil prices are setting within a range which is reasonable and affordable for citizens, and allow realistic profit for oil industries. There are three aspects that should be taken into consideration while determine the oil price range, which are the consumers purchasing power, an estimation of profit for oil industries in reasonable level, and the international oil prices. With the help of this mechanism, Malaysias oil prices will be more realistic and reasonable which may prevent uncontrollable increasing of oil prices in Malaysia. When the oil prices are set in a reasonable level, there will be no large impact on the aggregate demand and aggregate supply curve. Obtain Cheap Oil from Foreign Country In order to minimize the impact of high oil price, government is suggested to search for the new sources of low-cost oil from other country. Malaysias government can import cheap and low quality oil from foreign country and refine it to become better quality oil which is qualified to issue to the market with lower cost. The reservation of the cheap oil in a certain amount is also necessary in order to avoid Malaysia from being the victim of increasing prices in the cheap oil. With the available of cheaper oil (input), firms will increase the aggregate supply of the outputs which might prevent shortage of goods in the market. When there is an increasing output in the market, the price of the goods will be reduced and the aggregate demand will increase to a certain level. Searching Alternative Resources High oil price problem only can be solved by associate effort of both government and individual. In order to minimize the impact of high oil price, the organization should attempt to do some investigation or discover the substitute of the oil like bio gas and electronic bike and should try to innovation so that the product of the organization can be produce on other alternatives. In this situation, the company can reduce the quantity of the oil which used to produce the output. Then, the supplier or provider would not reduce the quantity of supply which affects the aggregate supply shift to the left. On the other side, aggregate demand also relatively would not be affected which the curve shift to the left because the consumer can continue to consume the product in the normal price. Give Subsidies Once the oil prices increase, it will directly or indirectly affect the whole production cost, including the fee of the transportation or other else. In order to solve it, the government should provide subsidies to the supplier or provider in order to control the market price. After the suppliers receive the subsidies from government, they will not increase the retail price of their products since they want to maintain their organizations profit. By implementing this strategy, the inflation problem can be avoided because the supplier would not increase the price of product due to the higher input price. Hence, the aggregate demand and aggregate supply would not be affected. Increase Wage Rate In the market, increasing oil prices may lead to inflation problem in Malaysia. This problem will caused our citizens suffer from financial burden and their purchasing power will decrease. In this case, government can raise the amount of minimum wage in order to make sure the organization provides the cost of living to the employee. This can help the employee are able to maintain their basic needs in their daily life although the high oil price situation happened in Malaysia. Individual who using the vehicle during the daily life, the oil price increase will directly increase their daily expense. Purchasing power of the individual will be decreased and finally it will affect the aggregate demand shift to the left because consumer consume less than before. After increasing wages rate, this problem can be solved and the curve of the aggregate demand will back to original.