CA 4 Medicare Essay Example | Topics and Well Written Essays - 750 words

CA 4 Medicare - Essay Example The DRG assigned to the case was 72. Federal Rate for Operating Costs = DRG Relative Weight x [(Labor Related Large Urban Standardized Amount x San Francisco CBSA Wage Index) + Nonlabor Related National Large Urban Standardized Amount] x (1 + IME + DSH). Operating Outlier Threshold = {[Fixed Loss Threshold x ((Labor related portion x San Francisco CBSA Wage Index) + Nonlabor related portion)] x Operating CCR to Total} + Federal Payment with IME and DSH: .. Capital Cost Payment = 0.7502 x $420.65 x 1.03 x 1.3185 x (1 + 0.0243 + 0.0631) = $466.02 Cost Determination: Billed Charges $125,000 Operating Cost to Charge Ratio 0.45 Operating Costs = (Billed Charges x Operating Cost to Charge Ratio) = $125,000 x 0.45 = $56,250 Capital Cost to Charge Ratio 0.06 Capital Costs = (Billed Charges x Capital Cost to Charge Ratio) = ($125,000 x .06)= $7,500 Determination of Outlier Threshold Fixed Loss Threshold $24,485 Operating CCR to Total CCR = (Operating CCR) / (Operating CCR + Capital CCR) = (0.45) / (0.45 + 0.06) = 0.8824 Operating Outlier Threshold = {[Fixed Loss Threshold x ((Labor related portion x San Francisco CBSA Wage Index) + Nonlabor related portion)] x Operating CCR to Total} + Federal Payment with IME and DSH: = {[$24,485 x (0.697 x 1.4974) + 0.303] x 0.8824} + $5,811.22 = $25,554.9987 x 0.8824 + $5,811.22 = $28,360.95 Capital CCR to Total CCR = [Capital CCR) / (Operating CCR + Capital CCR)] = (.06) / (.45 + .06) = 0.1176 Capital Outlier Threshold = (Fixed Loss Threshold x Geographic Adj. Factor x Large Urban Add-On x Capital CCR to Total CCR) + Federal Payment with IME and DSH: = ($24,485 x

Short Case Essay Example for Free

Short Case Essay At your company, a bottler of natural spring water, the advertising department has recently launched a campaign that emphasizes the purity of your product. The industry is highly competitive, and your organization has been badly hurt by a lengthy strike of unionized employees. The strike seriously disrupted production and distribution, and it caused your company to lose significant revenues and market share. Now that the strike is over, your company will have to struggle to recoup lost customers and will have to pay for the increased wages and benefits called for in the new union contract. The company’s financial situation is precarious to say the least. You and the entire senior management team have high hopes for the new ad campaign, and initial consumer response has been positive. You are shocked, then, when your head of operations reports to you that an angry worker has sabotaged one of your bottling plants. The worker introduced a chemical into one of the machines, which in turn contaminated 120,000 bottles of the spring water. Fortunately, the chemical is present in extremely minute amounts—no consumer could possibly suffer harm unless he or she drank in excess of 10 gallons of the water per day over a long period of time. Since the machine has already been sterilized, any risk of long term exposure has been virtually eliminated. But, of course, the claims made by your new ad campaign could not be more false. List all of the stakeholders involved in this situation. Do any stakeholder groups have more to gain or lose than others? Develop a strategy for dealing with the contamination. How much does a company’s financial situation determine how ethical dilemmas are handled? In this situation the list of stakeholders would be everyone in the company. If the company is not able to make money then the company is at stake and this stakeholders are everyone that is employed, this includes myself as the owner of the company to the labor employees that have a newly negotiated labor contract. I do not believe that anyone group has more or less to loose; instinctively, I would think the lower wage workers would have more to loose, but is actually not true, because its all relative. The strategy I would use to deal with this situation is to stay honest an true to the product the company sells and to the employees. First, I would write a detailed letter to everyone explaining the situation. I would explain the position of the company before this incident and the potential implications of this situation. The company’s financial situation has a lot to deal with how this situation. Which is why I feel it is important to be transparent. My plan would be to dispose of the contaminated supply along with any equipment that would contaminate future products. I would work the manager or director of infection control to make sure the contaminated product is appropriately disposed of and to come up with a plan that would insure this does not happen again. One all is said and done, I would relay all relevant information to all the employees of the organization. Further, I would l relay a newly created policy of what how employees will how act in this manner will be dealt with.

Global Interdependence Essay -- Geopolitics, Globalism

As technology of the past gives way to the technology of the future, the world is becoming a smaller and smaller place. In economic terms, Global Interdependence is increasing as time goes on. In other words, we as the United States, as well as other countries, rely on each other for the three factors of production, Land, Labor and Capital. As noted in Thomas L. Freidman’s book, The World is Flat, there are several instances in which the Global Interdependence started. For example, the introduction of the Internet created a common forum in which people could connect to each other instantly was revolutionary in the interdependence process. In addition, the Global Interdependence Center, located in Philadelphia, PA is a non-profit organization that has a global goal. According to the GIC their mission is to â€Å"encourage the expansion of global dialogue and free trade in order to improve cooperation and understanding among nation states, with the goal of reducing internation al conflicts and improving worldwide living standards.† The American Economic system has become closely linked to foreign economies through global interdependence by the rise of new technologies, methods of communications and transportations that break down barriers that previously could not have been broken. This is shown in our relationships with countries and organizations such as China, The European Union, and OPEC. As Globalization increases, countries become more reliant on each other for resources such as oil. Oil, nicknamed â€Å"Black Gold,† has become one of the most valuable resources in the world. According to the Central Intelligence Agency (CIA), the United States of America is the largest consumer of oil in the world, devouring a whopping 19,150,000 b... ...ds and it would help us make a firmer footprint in history. Works Cited Thomas L. Friedman, The World Is Flat: a Brief History of the Twenty-First Century, 1st updated and expanded ed. (New York: Farrar, Straus and Giroux, 2006), page nr. http://www.interdependence.org/about/overview-mission/ https://www.cia.gov/library/publications/the-world-factbook/rankorder/2174rank.html http://www.cnbc.com/id/41887743/The_World_s_15_Biggest_Oil_Producers?slide=16 https://www.cia.gov/library/publications/the-world-factbook/geos/sa.html http://www.opec.org/opec_web/en/data_graphs/330.htm http://recession.org/history/1970s-oil-crisis http://www.wto.org/english/thewto_e/whatis_e/wto_dg_stat_e.htm http://www.wto.org/english/thewto_e/whatis_e/tif_e/fact2_e.htm http://www.wto.org/english/thewto_e/whatis_e/tif_e/fact2_e.htm#nondiscrimination

Distinct Characterization in William Shakespeare’s Julius Caesar Essay

William Shakespeare’s play Julius Caesar works convincingly for audiences today not only because of its truth historically, but because of its truth of character, historically.   As with the rest of the English bard’s canon, it is the character driven aspect of the writing that continually reminds you of the play’s purpose.   Because the characters are so fantastically dissimilar, in behavior and language, the play comes alive.   In Julius Caesar, two aspects come alive most: the world of aristocracy in the Roman Empire, and most especially the distinct characters themselves that populate this play’s vision of that aristocracy. Primarily the world of Roman aristocrats is presented by the representation of the complete world of governance through three aspects.   They complete the triumvirate behind the triumvirate, so to speak.   Shakespeare creates this world by showing us the rulers at the top (after Caesar’s death), the senators who provide or take away power from the rulers in the new post dictator rule, and the conspirators who provide or take away power from all behind the scenes.   Had Shakespeare shown the Roman aristocracy without these three elements, we would have been left with little understanding of how the empire got to where it did at the time of Julius Caesar. This is his awesome creative power.   The playwright didn’t just give lines to players to tell the history, and he didn’t rely upon narrative choruses.   Instead, he created the world for us by putting the whole picture in front of us; all of the power aspects are there on the stage.   Naturally, behind the instruments of power are found powerful characters, each with distinct qualities that bring the story to life.   I will rely upon one character from each area above to examine just how they are treated – what manages to give them memorable traits and believable motives. William Shakespeare utilized language and behavior to motivate his characters.   Julius Caesar works because of this.   Marcus Antonius is a fine example of this.   Shakespeare provided him with the lines and actions to show him to be a manipulative instrument of power.   He is truly a favorite of audiences.   Antonius is ready to say anything and do anything to keep his place in the world, to preserve his power.   When the conspirators realize their plans to kill Caesar, it is Antonius that encourages the accomplices, and convinces them that he is on their side.   In other words, he is saying that ‘I will preserve your power if you preserve mine.’ This is the meaning behind his words to Brutus and accomplices:   â€Å"Friends am I with you all and love you all, upon this hope, that you shall give me reasons why and wherein Caesar was dangerous† (III.i.219) and then, â€Å"That’s all I seek† (227) when he receives an answer which is not exactly satisfactory at all.   The complete vision of this self serving future ruler of Rome is provided only moments later, when Shakespeare reminds us of the duplicity of Antonius when we see he did not act in accord with his heart, but with his advantage seeking.   â€Å"O, pardon me, thou bleeding piece of earth, that I am meek and gentle with these butchers!† (255). The next example comes from the senators – Cicero specifically.   How does Shakespeare impart a distinct character in him that sets him apart from both the rulers and the conspirators?   This is perhaps one of the most interesting aspects of how Shakespeare can imbue qualities into characters.   It is also one of the most convincing tools he possesses to bring the audience into participation with this history of his.   The senators are important to Julius Caesar because they represent blind and timid bureaucracy.   They are there merely to maintain the status quo and to enter into the political realm without actually entering into politics.   Shakespeare is in this play explaining that power rests either within the current ruler (such as Caesar or one of the triumvirate), or within the conspirators who would oust the ruler, through any means necessary.   Between the two groups are the people who hold very little power themselves.   They are the rank and file ru ling class; in this case the senators. Notice how Cicero does not even have any lines?   How then does he represent so much to the play?   How can we understand the Roman aristocracy so clearly in him, then?   Of him we have no lines, but an awareness.   He is an orator.   He is skilled in rhetoric.   And yet, what does he actually convey through his words?   Nothing.   He is a rhetorical, political blowhard.   Concerning his speech during Caesar’s triumphant parade, consider this dialogue between Cassius and Casca: Cassius: â€Å"Did Cicero say anything?† Casca: â€Å"Ay, he spoke Greek.† Cassius: â€Å"To what effect?† Casca: â€Å"†¦for mine own part, it was Greek to me.† (I.ii.281-284) In other words, it was just words.   The senators are not to be understood.   Therefore they are not a threat to emperor, conspirators or the common man.   They play the part of the aristocracy that simply stands for aristocracy.   By withholding lines from the most loquacious senator, Shakespeare creates a distinct vision of both Cicero and the part of the Roman aristocracy which he serves. The final character that serves great importance to Julius Caesar, of course, would be Brutus.   He comes from the conspirator caste and is such a powerfully rendered character that he has become a virtual stereotypical vision of bloody revenge and betrayal.   When audience think traitor, they inevitably think Brutus.   What is special about him in Shakespeare’s hand?   It is the absolute single mindedness of this villain (or hero as the case may be).   He does not waver as does Antonius.   He does not shrink back like Cicero.   He is Brutus.   His lines and his actions represent someone who is an ideologue.   He has fiercely held ideals and he has fiercely held ways of acting those out.   Nothing will get in his way.   That is the vision of this aspect of Roman aristocracy.   It is the power outside of the powerful.   This line from Brutus sums up this chief trait of his, and compels us to see it this way. â€Å"We at the height are ready to decline. There is a tide in the affairs of men Which, taken at the flood, leads on to fortune; Omitted, all the voyage of their life Is bound in shallows and in miseries. On such a full sea are we now afloat, And we must take the current when it serves, Or lose our ventures. (IV.iii.218–224) These may not be the most well known of Brutus.   However, they make the point clear about how Shakespeare imbues the distinctiveness of character into him.   It is this set of lines that speaks the most about his place as a character and about his place within the world of Roman aristocracy.   We can see just how much power the conspirators wield.   They turn out to be much more powerful than the Senate, and perhaps even more powerful than the rulers, whether Caesar or one of the triumvirate.   It is because, Shakespeare says, that Brutus and his companions can afford to be single minded and focused on their ideals and tasks at hand.   It is what makes the success of the plans visible from the outset. The question then of just how William Shakespeare creates the world of Roman aristocracy and gives each player the distinct character that is so important to Julius Caesar is answered by the same fashion.   The two are irrevocably intertwined.   It is a concurrent twofold plan.   First, Shakespeare creates convincing facets of the historical world; in this case the facets are the different aspects of Roman aristocracy as seen through the rulers, the senators and the conspirators.   Next, and simultaneously, he populates these aspects with their stereotypical, archetypical characters.   Because they fully belong to their separate classes, the very descriptions of them seen through their lines and actions fulfill the historical picture and provide every bit of drama that a contemporary audience needs.

Technology is a major problem in society

We are living in a generation that we can't complete our day without using technology, A generation of the beginning of the new world order, That have started to become a major problem in our society and effects the way we live.On the one hand, It makes as unsociable in the real life; Since the beginning of technology, When Computers and video games consoles were invented people started to spent more time in their houses playing virtual games and virtual activities that has started to make them unsociable in the real life and isolated from the outside activities, And that creates new diseases and disorder such as laziness and a loss of personality. Second of all, People Started using technology to chat with their friends and beloved once instead of talking to them personally, and that has started to affect our way to communicate with each other's.Furthermore, People has started to use technology for online shopping, Paying the bills, and its good it saves time and effort but there is disadvantages of it, people used to go shopping and meet new people why doing it and now the technology Is taking over. On the second hand, People started to lose their Jobs to machines that will do the work for them; nowadays people have been replaced by machines to the Job for example; the train ticket guy has been replaced for a machine to do the Job, tell then unemployment rate has Increased.Second of all, based on the American police department, machine robbery has been Increased since 1990 till now, because It Is easy to rob. On the other hand, technology has made as over dependent on our gadgets; technology had made as over dependent on our gadgets that we cannot not to check on our smartness every minute, we depend on It In everything for example; Navigation, Alarm, Calculator, Calendar. It Is good to have this technologies but what if the battery died? Or the phone got stolen?People will get lost In their life and will face hard time managing It. Second of all, the more pe ople begin to depend on computers and other forms of technology for everyday existence. This means that when a machine breaks or a computer crashes, humans become almost disabled until the problem Is resolved. This kind of dependency on technology puts people at a distinct disadvantage, because they become less self-reliant. In conclusion, as we have seen above, nothing Is perfect. Everything can be dark or right; positive or negative.It depends on the way we deal with It, depending and using technology every day In our lives can cause a lot of problems as mentioned above, we Just have to find a way to use It less than before and not to depend on It. Technology is a major problem in society By Weeks-Shabby people why doing it and now the technology is taking over. Unemployment rate has increased. Second of all, based on the American police department, machine robbery has been increased since 1990 till now, because it is on our smartness every minute, we depend on it in everything fo r example; Navigation, Alarm, Calculator, Calendar.It is good to have this technologies but what if the battery died? Or the phone got stolen? People will get lost in their life and will face hard time managing it. Second of all, the more people begin to depend on until the problem is resolved. This kind of dependency on technology puts people at In conclusion, as we have seen above, nothing is perfect. Everything can be dark or bright; positive or negative. It depends on the way we deal with it, depending and using technology every day in our lives can cause a lot of problems as mentioned above, we Just have to find a way to use it less than before and not to depend on it.

Budget Comparison Analysis

Budget Comparison Analysis The Federal Budget: Issues for FY2011 and FY2012 The federal budget is an important instrument used by the Congress to distribute resources and influence federal policies. The budget cycle for a single year takes about three calendar years to be completed. The managerial agencies open the budgetary procedure by assembling complete budget requests in the fiscal year before the President’s budget obedience.Advertising We will write a custom report sample on Budget Comparison Analysis specifically for you for only $16.05 $11/page Learn More Usually, numerous agencies commence working on their budget estimates during the summer before the onset of the fiscal year. The Office of Management and Budget (OMB) supervises the development of budget estimates from these agencies. The president is then expected to present a budget before the Congress on the first Monday of February (Levit, 2011, p.1). Budget Baseline Projections Financial plan Baseline projections review the brunt of future legislation on the budget. The CBO calculates current law baseline projections based on the postulations outlined in the budget enforcement legislation. Estimates based on these postulations usually produce superior revenue projections and slower growth of discretionary expenditure relative to scenarios autonomous forecasters perceive as likely. There are certain assumptions incorporated by CBO baseline projections: that the 2001/2003/2010 tax reliefs expire after 2012; that discretionary expenditure stays unchanged in inflation-adjusted terms; that sharp cutbacks in Medicare’s payment rates for doctors’ services will commence at the end of 2011 as planned; and that protraction of unemployment benefit will end on 31st, 2011 as planned. Nonetheless, CBO offers estimates of these overheads independently from its baseline (Levit, 2011, p.2). Federal Spending and Revenue Trends The federal spending accounted for about 21.2% of the gross domestic product (GDP) whereas federal revenues were estimated at 18.1% of GDP over the last four decades. Since FY2000, the US has experienced a budget deficit as a result of imbalances between spending and revenues (Table 1 in the appendix). For instance, in FY2010, the regime used up over $3.49 trillion in contrast to the $2.2 trillion in proceeds during this time. In addition, between the fiscal years 2008 and 2010, expenditures grew by $472.8 billion whereas revenues shrank by $362.1 billion (Levit, 2011, p.3).Advertising Looking for report on public administration? Let's see if we can help you! Get your first paper with 15% OFF Learn More Federal Spending Federal expenditures are usually split into: mandatory, discretionary, and net interest categories. Mandatory expenditure includes expenditure on entitlement programs such as Medicare, Social Security and Medicaid. The Congress enacts laws that stipulate eligibility requirements for entitlement programs. The C ongress usually sets asides funds for entitlement programs based on the number of people who qualify. Optional expenditure on the other hand is a matter of yearly congressional appropriations laws. Net interest encompasses interest payments made by the government on the debt held by the public. In the fiscal year 2010, discretionary expenditure was about 9.28% of GDP. Discretionary expenditure, as a percentage of GDP, has been rising by 8.2% every year since FY2000. Increases in discretionary expenditures during this period (FY2000-FY2010) are mainly attributed to the US’ overseas military operations, especially in Afghanistan and Iraq (Levit, 2011, p.5). During the fiscal year 2010, mandatory expenditure was estimated at 55.2% of the aggregate spending, discretionary expenditure totaled 38.9% of aggregate spending, and net interest was about 5.6% of aggregate expenditure. Medicare, Medicaid and Social Security alone make up 42.9% of aggregate federal expenditure. Given that discretionary expenditure is slightly above 33% of the aggregate federal spending, a number of budget experts propose that any major federal outlay cuts must take into account reductions in mandatory spending. However, other experts argue that reductions in mandatory expenditures would have a negative impact on many households. Nonetheless, since CBO projects that the mandatory expenditure will increase to 14% of GDP in FY2021, action is required to reduce projected deficit levels and reinstate long-term fiscal health (Levit, 2011, p.6). Federal Revenue In the fiscal year 2000, total revenues were 20.5% of GDF. However, in FY2010, total revenues collected were 14.8% of GDP, the lowest level ever in the last six decades. Federal revenues have remained low for several years due to tax relief provision and economic recession. It is projected that federal revenues will remain low in FY2011. The long-term federal revenue prospects are dependent on the legislative actions of Congress on p otential tax reform and speed at which the economy recovers from the 2008 financial crisis. According to the CBO baseline projections, revenues are expected to increase to 20.7% of GDP in FY2021. These projections are based on the assumptions that some specific tax provisions end as planned under the current law.Advertising We will write a custom report sample on Budget Comparison Analysis specifically for you for only $16.05 $11/page Learn More Consequently, tax rates will increase hence boost revenue collection. â€Å"The major source of federal revenues has long been individual income taxes. For example, individual income tax revenues in the fiscal year 2010 were estimated at 6.3% of GDP† (Levit, 2011, p.6). Federal Response to Economic Crisis The federal government adopted exceptional remedial measures to address the 2008 financial crisis. For example, in February 2008, the Congress approved a $150 billion package (Economic Stimulus Act, 2008) to boost consumption levels through reimbursements to taxpayers and allowing business organizations devalue capital investments. Furthermore, the head of state signed into law the ARRA ACT of 2009, a second incentive package that is intended to kindle economic growth. The ARRA enclosed provisions that are now approximated at $820.8 billion in augmented mandatory and optional expenditure and decreased tax revenue for the FY2009-FY2019 period. â€Å"CBO projects that over 86% of ARRA’s direct effect on the deficit will take place the FY2011 ends† (Levit, 2011, p.10). These economic stimulus packages aim to bolster several state and local government programs such as: school funding, Medicaid, tax rebates, prolonged unemployment benefits as well as increased funding for transportation projects (Levit, 2011, p.10). Appropriations in the 2011 Fiscal Year The Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act 2010 were signed by the President into law on D ecember 17th, 2010. This law had many provisions, such as the reinstatement of the estate tax up to 2012, the expansion of the 2001 and 2003 Bush tax rebates up to 2012 and patching the optional minimum tax up to the expiry of FY2011. In addition, the emergency unemployment benefits were prolonged under this law (Office of Management and Budget, 2011, p.16). The employee share of the payroll tax was also reduced by 2% until the expiry of FY2011. According to the present law, CBO projected that the expenditure and revenue actions in the bill would amplify the deficit by over $389 billion in FY2011 and by $467.9 billion during the FY2012-FY2020 (Levit, 2011, p.12).Advertising Looking for report on public administration? Let's see if we can help you! Get your first paper with 15% OFF Learn More California’s State Budget In recent years, the state of California has been compelled to make hard choices to plug the budget gaps, for example, taxes were increased provisionally. In addition, the Proposition 98 Guarantee was decreased from $56.5 billion to about $49 billion. Overall, $103.5 billion in budgetary cuts were implemented between FY2008 and FY2010 (Brown, 2011, p.1). Even though the financial crisis has been the main cause of California’s budget deficit, the state had structural budget deficit prior to the economic recession. The budget gap for California State is projected to increase to $25.3 billion in the FY2011-12. This gap is composed of a budget-year deficit of $17.3 billion and a current-year deficit of $8.1 billion. There are several factors that contributed to the anticipated shortfall in FY2011-12. For example, the budget plan implemented in FY2010-2011 was based on impractical assumptions, such as financial assistance from the federal governmen t and on expenditure cuts that were not implemented. In total, these factors ($3.5 billion in federal assistance and $1.8 billion cuts) increase the budget gap by $5.3 billion (Brown, 2011, p.4). Bridging the Budget Gap In order to reinstate the power of local government to make sound decisions, increase efficiency in government operations and ensure the sustenance of core services, the governor proposed several remedial measures to bridge the budget deficit. As illustrated in Table 2, the budget consists of $ 26.4 billion in revenues, expenditure cuts and other measures to reduce plug the deficit in FY2010-11 and beyond. The budget decreases expenditure by about 12.4 billion. It comprises considerable cuts to several key programs, for example, $1.4 billion to California’s welfare-to-work program, $1.6 billion to Medi-Cal, $1billion to the California State University and University of California, over $579 million to employee reimbursement and state operations, and $750 milli on to the Department of Development Services (Brown, 2011, p.5). The California’s budget also contains some elements of borrowing and savings. â€Å"These consist of $1.6 billion in property tax shifts, $1.7 billion in borrowing from special funds, $0.9 billion from Proposition 63 moneys to finance community mental health services and $1 billion from Proposition 10 reserve to finance children’s programs†(Brown, 2011, p.6). Implementing the budget’s long-term solutions is the best way to purge the structural gaps in the future. As a result, the proposed budget demands for a hastened timeline to reinstate balance to the State’s budget. The proposed budget assumes that all relevant legislative amendments will be passed by the legislature and signed into law to implement budget solutions (Brown, 2011, p.6). Revenue Estimates California is currently recovering from the 2008 economic crisis. This recovery is apparent in the underlying revenue estimates f or the majority of California’s key revenue sources. The recently passed legislation has altered the pattern of California’s General Fund revenues. For instance, the Business Act [2008] limited the use of business tax credits (by 50%) to compensate taxpayer’s pre-credit responsibility for big businesses in FY2008-09. the impact of this restriction was to augment revenue by about $352 million in the FY2008-09, by $274 million in FY2009-10, and by about $7.9 million in FY2010-11. in addition, the Budget Act [2008] allowed corporations to share their credits with members in their association, commencing in FY2010. The impact of this provision was not evident until the FY2009-10 when the anticipated revenue is $54.9 million (Brown, 2011, p.36). This provision is projected to cause a revenue loss of about $235 million and $340 million in FY2010-11 and FY2011-12 respectively (Brown, 2011, p.37). Employee Compensation and Retirement In FY2011-12, salaries for state emp loyees are estimated to cost about $6.9 billion while other benefits such as retirement contributions and health care are estimated to cost $3.3 billion General Fund. Consequently, reducing salaries and benefits outlays continues to be critical to closing the budget gap. There are several proposals outlined in the General Fund budget to bridge the deficit. The first proposal relates to Personal Leave Program. The proposed budget mirrors savings of $71.5 million accruing from the personal leave program and extending into FY2011-12. The second proposal relates to the Reduced Employee Compensation Costs. A decrease of $308.3 million attained via a 10% reduction in take-home reimbursement for the 6 bargaining units without agreements. These savings will be realized via joint bargaining. Core Health Care Option is the third proposal outlined in the budget. In FY2010-11, healthcare benefit outlays for retirees and active employees are projected at 2.3 billion (Brown, 2011, p.177). In orde r to reduce healthcare expenditures for retirees and state employees, the budget incorporates an additional core health plan to the present plan options in order to save over $71 million from the anticipated rise in the FY2012 health rates. The core health plan would grant essential healthcare insurance at a lower premium. The California Public Employees’ Retirement System (CalPERS) will be empowered by the legislation to: bargain and append a core healthcare plan option to the current range of healthcare plans; and include a state agent in the healthcare contract consultations for the purpose of making adjustments to the core healthcare plan option and promoting the inclusion of cost-effective options within the current plans (Brown, 2011, p.178). Lancaster County: Budget Estimates FY2010 The management staff of the Lancaster County prepared a comprehensive budget estimates on the financial activities of the county for the FY2010. Since FY2004, the County of Lancaster has ne ver experienced a budget deficit (Table 3). For example, in FY 2004-05 total revenues were estimated at $16.6 million while total expenditures were $16.3 million during this period. In spite of the 2008 financial crisis, the total revenues collected in the County of Lancaster in FY2009-10 was the highest ($23.5 million) since FY2004-05 (Russell, 2010, p.61). In FY2010, unemployment rate for the County of Lancaster was 8.5%. In addition, revenues from taxable sale reduced by 3.5% during the 2010 fiscal period. As a result, the County’s budget for FY2011 decreased by about 2.3% (Russell, 2010, p.9). Priority of Funding The Lancaster County offers government services in eight key operational areas. These areas and percentage of total funding are: Judicial Administration- 3.2%; General Government Administration- 6.1%; Public Works-5.7%; Public Safety- 19.5%; Education- 50.7%; Health and Welfare- 11.8%; Community Development- 2.1%; and Parks, Recreation and Cultural-0.9% (Russell, 2010, p.3). Overview of the Lancaster’s Budget The budget statement for the County of Lancaster has three key aspects: Government financial reports; Fund financial reports; and Notes to the financial reports. The government financial reports provide general overview of the financial status of the County. Moreover, the government financial reports differentiate roles of the Lancaster County that are mainly financed through taxes and intergovernmental revenues obtained from user fees and other charges. The governmental activities of the Lancaster County include: courts; general government; sanitation; police services; social services; and education. The Fund financial reports are a cluster of accounts that are used to manage the manner in which the Counties resources are distributed for certain activities. The notes to the financial reports provide supplementary information that is critical to a full comprehension of the data contained in the government and fund financial repo rts (Russell, 2010, p.5). The government statement reflects activities such as public works, public safety and welfare services, which are financed through general government revenues (sales tax, property tax, fines, permits, etc). The statement of activities decreases gross expenditure via contributions, related program revenues and capital grants. The legislative fund fiscal reports are prepared using the attuned accrual basis of secretarial and the present fiscal resources extent benchmark. Revenues are acknowledged on the basis of their availability. They are treated as available only if they are collectible in the present financial period in order to be used to offset current expenditures. Accordingly, the County of Lancaster deems revenues to be available if they are collectible within 60 days after the expiry of the current financial period. â€Å"Expenditures are usually recorded when an expense is incurred. Nevertheless, debt service spending and spending related to compen sated claims, absence and judgments are documented only when imbursement is due† (Russell, 2010, p.20). The fiduciary funds of the Lancaster County are documented in the financial reports by type. Given that these resources cannot be used finance activities of the local government, they are not included into the government financial reports (Russell, 2010, p.20). Franchise taxes, property taxes and licenses related to the current fiscal year are perceived to be subject to accrual and are thus documented as revenues in FY2010. Consequently, personal and real taxes are documented as receivables and revenues when payable. Utility and sales taxes, which are amassed state agencies and forwarded to the County of Lancaster are treated as receivables and revenues if they are collectible within 60 days after the expiry of the FY2010. In addition, permits, licenses, rents and fines are documented as revenues when collected. Intergovernmental revenues- from state, federal and other grant s to be used to fund specific outlays- are documented in the fiscal period to which the funding applies. All other sources of revenues are perceived to be available and measurable the moment they are received by the government (Russell, 2010, p.20). Governmental Fund The County of Lancaster uses the General Fund to finance its operations. The fund is mainly used to document all financial resources and transactions of the County. The main sources of revenues are: local taxes; property taxes; licenses; federal grants; service charges; permits; and income interests. A major segment of the General Fund is mainly used to fund the activities of the Component Unit School Board. Capital Projects Funds is used to finance the construction or procurement of major capital assets. Special Revenue Funds are used by the County to document incomes from specific sources of revenues (except major capital projects) and requires different documentation as stipulated by the current legislative provision s (Russell, 2010, p.21). Long-term Obligations In the government financial reports, long-term obligations are documented as expenditures in the relevant business-type activities and governmental activities. With esteem to the fund fiscal reports, legislative fund sorts deed bond premiums as well as issuance costs of the bonds during the current fiscal period. The nominal value of debt issued and payments on debt issuances are documented as other sources of financing whereas concessions on debt issuances are documented as other expenditures incurred. The costs of bond issuances are documented as debt service outlays (Russell, 2010, p.24). Appendix Table 1: Federal Budget: Total Expenditure and Revenues, FY2000-FY2010 (As percentage of GDP) Fiscal Year 2000 2002 2004 2006 2008 2010 Expenditure 20.6 18.4 19.8 20 19.8 24 Revenues 18.1 18.4 16 18 18.4 15 Source: Levit, M.R. (2011). The Federal Budget: Issues for FY2011, FY2012, and Beyond. Washington, D.C., Congressional Resear ch Service Table 2: California’s State Budget: Budget Estimates (Dollars in millions) Fiscal Year 2010-11 2011-12 Total Percentage Expenditure Reductions 420 12,076 12496 47 Revenues 3162 8863 12025 46 Others 505 1378 1883 7 Total 4087 22317 26404 100 Source: Brown, E.G. (2011). 2011-12 Governors’ Budget Summary. Sacramento, California, State Capital. Table 3: Lancaster County: Total Revenues and Expenditures, Fy2004-FY2010 (Dollars in millions) Fiscal Year Total Expenditure Total Revenues 2004-05 16372 16614 2005-06 18260 16903 2006-07 19431 18944 2007-08 21109 21544 2008-09 21323 23550 2009-10 21534 23521 Source: Russell, J. (2010). County of Lancaster, Virginia: Annual Financial Report. Virginia, County of Lancaster. References Brown, E.G. (2011). 2011-12 Governor’s Budget Summary. Sacramento, California, State Capital. Levit, M.R. (2011). The Federal Budget: Issues for FY2011, FY2012, and Beyond. Washington, D.C., Congressiona l Research Service. Office of Management and Budget. (2010). Fiscal Year 2012: Budget of the U.S. Government. Washington, D.C., U.S. Government Printing Office. Russell, J. (2010). County of Lancaster, Virginia: Annual Financial Report. Virginia, County of Lancaster.

Essay on The art of graffit

Essay on The art of graffit Essay on The art of graffit The Art of Graffiti "Graffiti has been around since man encountered his first stone wall" (George 11). I think it is important for people to recognize this long lasting art’s positive impact on society. Especially for someone living in a big city like Chicago, where graffiti has been popular for almost three decades, it is unrealistic to think it can be avoided (Bisnett 1) . Growing up in Chicago, I have come across multiple types of street art. Whether I’m using public transportation or just walking down the street, my day is inspired by the creative works of art I encounter. In this paper I argue graffiti, which consists of street art and murals, to be art because it draws emotion, expresses artistic skill, and follows aesthetic as well as organizational principles. However, I would not consider every piece of graffiti to be art. For graffiti to be considered art it has to draw emotion. According to the Oxford English Dictionary, one definition of art is, â€Å"the expression or application of creative skill and imagination, typically in a visual form such as a painting, drawing, or sculpture, producing works to be appreciated primarily for their beauty or emotional power† (Art 1). Any painting or drawing that has meaning and afflicts emotion is considered art. This applies to graffiti, especially murals, because they usually have a purpose and meaning that draws out emotion. Another example of how graffiti draws emotion is from a quote in the piece "Tags" from Hip Hop America by Nelson George, which talks about a group of people called â€Å"taggers† and how graffiti was incorporated into their lives. George states â€Å"Graffiti was the voice of kids using spray paint and Magic Markers to scream for attention and make art† (12). People used their art to express whatever emotions they were feeling inside in order to be heard by other people. It seems to be that this was a lifestyle activity for many. Whatever emotions someone was feeling at that point in life  ­ whether it be anger, frustration, or passion  ­ they were able to express it to the world through the art of graffiti. Another example from the story of â€Å"Tags† comes from a young entrepreneur ­artist, Fred Braithwaite. Braithwaite got together graffiti artists to work in the downtown art scene, and then conjoined them with the punk rock club scene. In â€Å"Tags† it states, â€Å"his point was that this living, aggressive art was a perfect fit with the same anti establishment attitudes that ruled at punk landmarks like CBGB† (George 12). Just by describing graffiti as a living, aggressive art shows that it brought out some type of emotion and connection. Braithwaite compares graffiti to punk landmarks, which I think both had emotional effects on people. Another example of how graffiti draws emotion is from an article by the Chicago Tribune called "Art Of The City Tells City's Tale" by Phat X. Chiem. Chiem states, â€Å"Graffiti, along with rap music, breakdancing and deejaying, or spinning records, has always served as an expression of hip ­hop culture† (2). Graffiti is one type of device used to express culture, more specifically in the case, hip ­hop culture. Once graffiti was able to express hip ­hop culture, it actually became an important element of the culture. Being an important element, graffiti enhanced meaning and emotion to anyone who connected to the hip ­hop culture. The fact that graffiti is able to express this type of emotion is one of the main reasons it is considered an art. Not only is graffiti art because it draws emotion, it can also be considered art because it demonstrates skill. According to the Oxford English dictionary, another definition for the word art is, â€Å"a skill on doing something, especially as the result of knowledge or practice† (Art 127). In order for something to be considered art, the piece must show it requires skill. Not everyone can paint beautiful murals. It is something one has to acquire that comes

9 jobs for people who don’t like people

9 jobs for people who don’t like people Some people thrive on human interaction, but this certainly isn’t true of everyone. Perhaps you’re an introvert. Maybe being around people actually makes your skin crawl. Of course, even people who do not like being around other people still need to work. The good news is that not every job requires an excess of human contact. Here are a few potential careers that won’t disrupt your peaceful isolation too much. 1. AuditorPerhaps you don’t mind dealing with people but don’t particularly like them. Well, if you want to be feared- maybe even hated- conducting audits could be a breezy way to spend your workday. Being an auditor is a tough, unglamorous job, but someone has to do it. It’s also ideal for anyone with a careful attention to detail who enjoys working with numbers.2. StatisticianHere’s another one for number crunchers. If you don’t like interacting with people but don’t mind considering them as statistical data th en you might decide to become a statistician. That’s no easy task, since it requires a great deal of education. However, once you earn your degrees, you’ll work alone most of the time. It’ll just be you and the numbers- and they won’t even necessarily involve people. Plus, the pay is great.3. Online Support PersonComputer lovers who not only feel okay about communicating online but actually thrive on it are ideal online support representatives. They help customers and clients troubleshoot via email or online chat systems. Online support reps spend the entire day helping people without ever having to speak out loud to a soul.4. Software DeveloperHere’s another one for people who feel more comfortable communicating via computer than in person. If you love computer work, then you might be cut out for developing software. Many software developers even get to work from home. In fact, a recent survey referenced by CIO.com found that the option to work fr om home was a motivation for 40% of software developers.5. ZoologistIf you don’t have the social skills to deal with people but don’t mind interacting with quieter living beings, you might consider becoming a zoologist. You get to hang with animals for most of your day, and they just want a little love- not necessarily conversation. Plus, they don’t talk back.6. ActuarySpending long hours crunching numbers and assessing risks and benefits in almost perfect solitude is the life of the actuary. Chances are you won’t run into many colleagues when you’re burning that midnight oil at your desk.7. Postal DeliverypersonPostal deliverers may have to visit every house in a community, but they don’t really have to spend much time interacting with the people in that community. It’s you, all by your lonesome, walking or driving all day. And for those of you who are merely shy, you’ll have the gratification of delivering packages to eagerly expectant citizens who can’t wait to see you.8. Data Entry SpecialistIf you can stand the tedium of plugging numbers into spreadsheets all day long, this job might be for you. There won’t be much collaboration or a crazy number of brainstorming meetings or team building sessions. Data entry mostly leaves you with your computer terminal all day.9. SurveyorSo you don’t want to sit in an office all day long, but you really don’t want to talk to anybody? Try being a surveyor. They’re the people on the side of the road in neon outfits surveying terrain. Surveyors spend their days doing precision work in the great outdoors, and they hardly have to say a word.

How the Managers Personality Affects His Management Style Essay

How the Managers Personality Affects His Management Style - Essay Example Moreover, his ability to monitor the internal and external environment factors are also very important for the organisation (Robbins, Coulter 2002). A manager is generally responsible for a project or a team of people and, essentially, must be able to communicate, negotiate and influence. However, these skills can be performed in different ways. A key component of job satisfaction is the relationship between managers and their staff. This, in turn, is influenced both by the people and management styles involved (Which Management Style 2005). In their book "Management", Robbins and Coulter stressed, "Management is the process of coordinating work activities so that they are completed efficiently and effectively with and through other people." They also said that the manager is "someone who works with and through other people by coordinating their work activities in order to accomplish organisational goals (Robbins, Coulter 2002)." Generally speaking, there are four functions of the manager: planning, organizing, leading, and controlling. Planning includes defining the goals, establishing strategies, and developing plans to coordinate activities. Organising includes defining what needs to be done, who will do the job, and how it will be done. The leading function implies motivating and influencing subordinates, and resolving all the conflicts among them. Moreover, the last function of the manager is controlling or monitoring the activities to ensure that they have been accomplished as planned (qtd from Ghazaryan 2002). However, there is an additional liability for manager; that is managing the internal culture and external environment. Managers operate within the constraints imposed by the organisational culture and external environment but they are not powerless; they can still influence the organisation's performance (qtd. from Ghazaryan 2002). The behaviour of the manager should be either an immediate source of satisfaction or a future means of satisfaction for group members. Moreover, a leader's behaviour will motivate employees if it satisfies their needs. This satisfaction is contingent on effective performance of the leader, which includes coaching, guidance, support, and rewards that are necessary for effective performance (Robbins, Coulter 2002). Management styles are depends on behaviour, and behaviours are linked to the manager's own unique personality. "Management style" is a term often used to describe the "how" of management. For a while, it was believed that there were only two basic management styles: autocratic and democratic. An autocratic style is used to instruct and command. Managers who use this style impose their decisions on staff and expect or demand compliance. A democratic style allows decisions to emerge from a consensus (eg, a vote) (Which Management Style 2005). Sad to say, most management styles in many organisations are not supportive to the creation of high performance organizational cultures where ingenuity, creativity, and innovation can thrive, possibly because management is autocratic. In successful businesses or organisations, managers were described as accessible, approachable, consensual, entrepreneurial, empowering, motivating, innovative and trusting.

Social Entrepreneurship, Innovation and the Changing Ethics of Essay

Social Entrepreneurship, Innovation and the Changing Ethics of Organisations - Essay Example It has tried to depict that organisations can act mutually i.e. make profit as well as develop society. Implications and Value The study puts forward an understanding of social entrepreneurship which initiates social transformation and addresses significant social requirements which cannot be conquered by direct monetary welfares of entrepreneurs. In order to succeed in fulfilling social objectives, social entrepreneurs should develop new methods for reducing the costs of business operations and production. Social entrepreneurs can also develop joint ventures with other organisations so that they can increase the value in the society. Table of Contents Abstract 2 Objectives 2 Approach/Method 3 Findings Summary 3 Implications and Value 3 Introduction 5 Context and Background 6 Literature Review 8 Theories of Entrepreneurship 8 Social Enterprise 9 Issues of Social Entrepreneurship 9 Social Entrepreneurs and Innovation 11 Social Entrepreneurship and Changing Ethics of Organisations 12 D ata & Methods 13 Analysis Framework 14 Case of Rough Trade Music Company 16 Case of TOMS Shoes 19 Findings and Discussion 24 Recommendations 26 Conclusion 28 References 29 Bibliography 34 Introduction Since the traditional Greek era, entrepreneurs have been appreciated for their significant involvement to the economy of a country. In present times, entrepreneurs are similarly appreciated and often observed as possessing high willingness behaviour to succeed. Entrepreneurs make selections and conduct activities which impact on people’s life. Their decision can reinforce or deteriorate the future of organisation’s upcoming business possibility (Hannafey, 2003). In present days, the social entrepreneurship has evolved... The paper tells that since the traditional Greek era, entrepreneurs have been appreciated for their significant involvement to the economy of a country. In present times, entrepreneurs are similarly appreciated and often observed as possessing high willingness behaviour to succeed. Entrepreneurs make selections and conduct activities which impact on people’s life. Their decision can reinforce or deteriorate the future of organisation’s upcoming business possibility. In present days, the social entrepreneurship has evolved which leads to the formation of new social enterprises and constant revolution in existing organisations. Social entrepreneurship is a multidimensional concept linking the countenance of entrepreneurially virtuous performance to accomplish the social duty, a comprehensible agreement of determination and act in the face of ethical complexity. It is the capability to identify social value-creating occasions and crucial decision making powers for innovati veness, reactiveness and risk-taking behavior. Social entrepreneurship is regarded as innovative and market based tactics reinforced by the passion for social fairness. It is the creation of individuals, organisations and systems that challenge traditional organisational structures resulting insufficient facility or inadequate sharing of social and environmental products. The concept of social entrepreneurship starts with the term ‘entrepreneurship’ where the word social essentially transforms the aspect. Social entrepreneurship is the blend of passion, social duty with an appearance of business based discipline, innovation and willpower.

Summarize Research Article Essay Example | Topics and Well Written Essays - 500 words

Summarize Research Article - Essay Example laims that most hospitals within the United States do to employ effective decontamination measures thereby resulting the infection of myriad practitioners annually. The researcher therefore seeks to investigate the measures employed in health facilities within the country. The researcher identifies several health facilities within the state. Sampling is the process of identifying the hospitals to investigate. The researchers employ random sampling technique in the selection of both the hospitals and the specific health practitioners to investigate in the study. With the selection of a particular number of subjects, they begin the investigation. The process involves extensive data collection through interviews and observations of the practices in the health facilities. They record the subsequent contaminations and the actions the facilities employ after the contaminations. In the end, the researchers document their findings thereby drawing a conclusion, which qualifies their earlier hypothesis. In the end, the researchers prove that several health facilities across the country employ various safety precautions. However, some lack such fundamental security features thereby presenting substantial health risk to their employees. The researchers compare th e number of the contaminated health practitioners against the number of the uncontaminated in order to draw such damning conclusions. The validity of the conclusion relies on the number of the variables they use and the frequency of either contamination or effective decontamination in order to prove the hypothesis. Just as with quantitative research, qualitative researches also operate with effectively constructed hypothesis, which they either approve or disapprove in the end. However, qualitative researches investigate values hat result in particular behaviors. Such researches investigate the why, when, how and why intricate of a phenomenon. The researches therefore do not rely on numerical findings but on the

Article Review Essay Example | Topics and Well Written Essays - 500 words - 30

Article Review - Essay Example The six styles of leadership have a quantitative effect on every climatic aspect. In a nutshell, the coercive leaders tends to demand immediate compliance, authoritative leaders mobilizes the workers towards the company’s objective, affiliative leaders creates that harmony and comes up with an emotional bond, democratic leaders comes up with consensus through the art of participation, pacesetting leaders sets high level of performance, while the coaching leaders develops the employee for the future. Therefore, from the article, the more styles a leader implements the better the performance of an organization; leading with more than four leadership styles have the best business and climate performance. Some of the six effective leadership styles that should be employed by leaders at the place of work include; authoritative leaders who are able to mobilize individuals towards a vision, coercive leaders who demand immediate compliance, democratic leaders who build consensus, affiliative leaders who creates harmony and emotional bonds, coaching leaders who develop people for the future as well as Pacesetting leaders who expect self-direction and excellence. The listed six leadership styles are often driven by emotional intelligence capabilities such as social skills, social awareness, self-management and self-awareness (Goleman, 2). Executives who failed to utilize emotional intelligence registered less performance and were rarely rated as outstanding. Effective leadership and emotional intelligence are intertwined. Leaders tend to influence the organizational environment in various ways. There are six factors that affect the working environment of the organization. The factors inclu de; sense of responsibility, the level of standards, the clarity of the people, level of commitment, aptness of rewards and its flexibility. For effective

Business senerio Assignment Example | Topics and Well Written Essays - 500 words

Business senerio - Assignment Example The managerial staff at the firm must find alternative solutions to the problem as soon as possible. The morale problems the company faces have escalated into other human resource issues including a lack of communication, interpersonal conflicts, and physical confrontations. The situation has gotten so bad that the employees have stopped caring about their duties and their actions have reached external stakeholders. Recently an employee acted improperly dealing with a customer by yelling at the customer and acting unprofessionally. We have received several complaints from vendors of the company that have not received important paperwork concerning incoming shipments. The company is not suffering from any cash flow problems, but for some odd reason the finance department never pays the bills on time. The quality of the food at the cafeteria has reached an all time low. It seems as if the company is in the middle of chaos. Due to the negative impact that the morale problem is having on the entire organization the company has to take immediate steps to remedy the situation. The first step towards finding a solution is recognizing the existence of the problem to then take corrective actions. As managers we are responsible for the job performance of our subordinates. This matter cannot be delayed any longer because the low morale at the company is spreading like a virus. The majority of the departments at the firm are underperforming and the firm has become an unpleasant place to work. It is important for the company to take this matter seriously because low employee morale usually results in poor productivity and production. The firm has done a poor job at dealing with the situation so far and has let a simple issue turned into a problematic situation. The objective of the meeting is to allow the entire managerial staff to participate in the process of finding a solution to the morale problem. By the end of this meeting

Article Review Essay Example | Topics and Well Written Essays - 500 words - 30

Article Review - Essay Example The six styles of leadership have a quantitative effect on every climatic aspect. In a nutshell, the coercive leaders tends to demand immediate compliance, authoritative leaders mobilizes the workers towards the company’s objective, affiliative leaders creates that harmony and comes up with an emotional bond, democratic leaders comes up with consensus through the art of participation, pacesetting leaders sets high level of performance, while the coaching leaders develops the employee for the future. Therefore, from the article, the more styles a leader implements the better the performance of an organization; leading with more than four leadership styles have the best business and climate performance. Some of the six effective leadership styles that should be employed by leaders at the place of work include; authoritative leaders who are able to mobilize individuals towards a vision, coercive leaders who demand immediate compliance, democratic leaders who build consensus, affiliative leaders who creates harmony and emotional bonds, coaching leaders who develop people for the future as well as Pacesetting leaders who expect self-direction and excellence. The listed six leadership styles are often driven by emotional intelligence capabilities such as social skills, social awareness, self-management and self-awareness (Goleman, 2). Executives who failed to utilize emotional intelligence registered less performance and were rarely rated as outstanding. Effective leadership and emotional intelligence are intertwined. Leaders tend to influence the organizational environment in various ways. There are six factors that affect the working environment of the organization. The factors inclu de; sense of responsibility, the level of standards, the clarity of the people, level of commitment, aptness of rewards and its flexibility. For effective

Why should we stay in Afghanistan Thesis Example | Topics and Well Written Essays - 500 words

Why should we stay in Afghanistan - Thesis Example orted the Taliban against Soviet Union to make this world uni-polar and now with China threatening to become a super power, staying back would mean US will have more control over the region. Furthermore, Pakistan blames US involvement for the unrest in its country and China supports Pakistan’s claims and wants US to go. Whereas, India pressures NATO forces to remain in Afghanistan, to keep Pakistan engaged at the western border leaving its side to lesser happenings (Bosco, 2012). Considering Osama Bin Ladin was present in Pakistan, and was killed by American Marines in a covert operation in Abbotabad raises questions on its â€Å"ally† status with US against the war on terrorism, as it failed to provide the intel on bin Ladin. Furthermore, President Karzai’s government is incompetent and very corrupt, with an inefficient army that is unable to preserve a secure Afghanistan (Bosco, 2012). If America leaves Afghanistan in this state, there will be political unrest in the country, giving rise to a Taliban insurgency once again. This will bring back same political and security conditions before US hit Afghanistan, and will fail to accomplish what they had aimed, a safer world free of Al-Qaeda. Then there is a threat that if US were to leave Afghanistan abruptly, the resulting Taliban government will commence a mass murder, like the withdrawal of US troops from Vietnam (Woodward, 2011). It is feared that the number of civilians slaughtered by the Talibans would exceed the â€Å"killings of 2 million Cambodian civilians by Cambodia’s uncontrolled communist potentate, Pol Pot† (Austin Bay, Express-News columnist, 2012). The primary argument in favour of leaving Afghanistan is that the US got involved with Afghanistan for two purposes. Drive Taliban out of Afghanistan and end the imposing threat to world peace; secondly, dissipate Al-Qaeda networks and end terrorist threats and attacks on America. They have succeeded in achieving both (Bandow, 2012). Secondly, the

Expansionary Economic Policy Essay Example for Free

Expansionary Economic Policy Essay In economic terms, a recession is defined as a general slowdown in economic activity. In an effort to move the economy out of a recession, the government would implement expansionary economic policies. One action the government would take would include conducting expansionary fiscal policy. The other action taken would be conducting expansionary monetary policy. Both of these actions would have an effect on such things as money supply, interest rates, spending, aggregate demand, GDP, and employment. Expansionary fiscal policy consists of change in government expenditures, or taxes, in order in influence the level of economic activity, inflation, and economic growth (Amacher Pate, 2012). Expansionary fiscal policy is when taxes are cut and government spending is increased. Lower taxes will increase disposable income. The increase in disposable income will lead to higher levels of consumer spending. In theory the more money that consumers spend, the higher the chance for economic growth. Tax cuts will also lead to an increase in aggregate demand. Aggregate demand is the total demand for goods and services is the economy. As stated earlier, a tax cut will increase people’s disposable income therefore increasing the amount of money available for consumption. The increase in consumption would increase the demand for goods and services. This in turn increases GDP (gross domestic product). GDP is the value of the total output that the economy produces in a given time period (Amacher Pate, 2012). The higher the demand that there is for goods and services, the need for employees to produces these goods and services are needed. This increases employment. Lower tax cuts will also increase people’s incentive to work. With lower taxes comes more money to spend from their paychecks. There are arguments, from economists and politicians, regarding the effect tax cuts in fiscal policy will have on the economy. Some economists argue that the effect of future tax cuts will lead consumers to change their saving (David, 2008). Some economists feel that people will save the value of the tax cut that they receive today in order to pay those future taxes (David, 2008). Some politicians feel that tax cuts will have no effect because changes in private saving will offset changes in government saving. Tax cuts allow the government to increase spending on special programs and health care. The increased revenue allows a government to borrow less money or lower government debt. This will result in lower interest rates which are beneficial to everyone involved. What is important to look at though is what the increased spending by the government is going towards. Those against increased government spending say that the government spends foolishly. In order to stimulate the economy, the increased government spending needs to go towards those things that are beneficial to its citizens. An example of this would be if the unemployment rate is high and the government spends on hiring workers to fix the roads, this would help to decrease the high unemployment rate. According to a global poll taken in 2009, an average of three in five citizens (60%) supports the increased spending by the government to help stimulate the economy (Global Poll Shows Support for Increased Government Spending and Regulation, 2009). Strongest support is for investments such as renewable energy, green technology, and giving financial support for troubled industries and companies. Expansionary monetary policy is when a central bank, for example the Federal Reserve Bank (the Fed), uses its tools to stimulate the economy. Often times this means lowering the Fed funds rate in order to increase the money supply. What this does is it increases liquidity which gives the banks more money to lend. The result of this would be lower interest rates. The Fed’s use three tools when conducting monetary policy; open market operations, the discount rate, and reserve requirements (How the Fed Guides Monetary Policy, 2011). The most common tool used is the open market operations tool. This is used to buy or sell government bonds on the open market. It is used to manipulate the short term interest rate and the supply of base money in an economy. The discount rate is the interest rate a Reserve Bank charges eligible financial institutions to borrow funds on a short term basis (How the Fed Guides Monetary Policy, 2011). A higher discount rate can indicate a more restrictive policy, while a lower rate can be used to signal a more expansive policy (How the Fed Guides Monetary Policy, 2011). All financial institutions, whether or not they are members of the Federal Reserve System, must set aside a percentage of their deposits as reserves to be held either as cash or as reserve account balances. The Federal Reserve sets these requirements for all commercial banks, savings banks, savings and loans, credit unions, and U. S. branches and agencies of foreign banks (How the Fed Guides Monetary Policy, 2011). This tool is the least common used of the three. There are two kinds of assets that banks can count toward meeting the required reserve. The first is valued cash such as currency and coins. The second, and largest, consists of funds the bank has on deposit with its direct Reserve Bank (Amacher Pate, 2012). A change in the reserve ratio is rarely made and when a change is made it usually is in small amounts. A reduction in the ratio usually has a double impact on the money supply. First, it converts some required reserves into excess reserves. Second, it increases the size of the deposit multiplier (Amacher Pate, 2012). An increase in the reserve ratio works in the opposite way. The interest rate the Fed charges a bank is the discount rate (Amacher Pate, 2012). The higher the rate, the less likely banks are to borrow. The discount rate acts more as a function than a tool in monetary policy. An increase in the discount rate indicates to banks that the Fed wants cool down the economy by reducing bank lending. An increase indicates the Fed’s desire to stimulate the economy. The Fed most likely would increase the discount rate when conducting monetary policy because by doing so, it would keep banks from using this source before turning to other less expensive alternatives. Whether or not the Fed wants to buy or sell government securities depends on this; whether or not they want the funds rate to rise or fall. If the fed wants the funds rate to fall, it will buy government securities from a bank. What happens is that the Fed then pays for securities by increasing the bank’s reserves (frbsf. org, 2011). The banks will then have more reserves than it wants. Then the Fed can lend these unwanted reserves to another bank. If the Fed wants the funds rate to rise, then the opposite will happen. It will sell the government securities. The fed receives payment in reserves from the banks, which will lower the supply of reserves in the banking system (frbsf. org, 2011). To tighten money and credit in the economy, the Federal Open market Committee (FOMC), directs the New York trading desk to sell government securities, collecting payments from banks by reducing their reserve accounts. With less money in these reserve accounts, banks will have less money to lend, interest rates will increase and consumer spending will decrease. This will have a negative effect on the economy. Some may argue that there can be too much expansionary monetary policy. If the Fed stimulates the economy too much, that could trigger inflation. Inflation is when prices rise above the 2 inflation target that the Fed has set. What happens is that consumers will start buying immediately in order to avoid higher prices in the future. This raises the demand which will cause businesses to have to hire more workers to produce the product. The additional income will allow consumers to spend more which in turn will stimulate more demand. This will cause businesses to start raising prices because they know that they will not be able to produce enough. They will also raise prices because they know that their costs will rise as well. This is what will cause an increase in inflation. During a recession, the government will implement expansionary economic policies. One type of policy conducted is fiscal policy. This policy consists of changes in taxes and government spending in order to stimulate the economy. The other is monetary policy, which is when a central bank, such as the Fed, uses tools to stimulate the economy. Both of these policies have been and will be used in the future to stabilize the economy.

Analysis of the Hotel industry in UAE

Analysis of the Hotel industry in UAE Introduction The service sector to be precise is bound to expand further from the current standing due to huge global economic growth in the areas of travelling, hospitality, hotels and recreational services that defines the hotel industry. It is being observed that economic activities within the realms of the hotel industry also and the investment made in that regard is huge and booming. These factors foster the growth element of the hospitality industry. Above all, the increasing numbers of global travelers in the backdrop of tourism and its booming growth poised the way for the hospitality industry to benefit tremendously. The economic aspects and its consideration in that regard as far as activities encompassing the hospitality industry thus are flawless and immeasurable as far and growth factor is concerned and the economic aspects in that regard. But often we wonder as to what defines the hotel industry or let say, hospitality industry for that matter? In general hotel industry is a broad c ategory and includes the service industry at large covering the category of lodging, restaurant, recreation and many more. The hospitality industry on a global scale is a huge. There is high instance of economic activities going on within the global hospitality industry. Due to the growth in tourism, recreational services and lodging as well as food chains and increasing number of restaurants, the global domain of hospitality industry present a huge economic avenue for all kinds of opportunities, be it investment, financing or the factor which also drives the construction sector in the economy of the world. Above all, employment opportunities also are huge in the hotel industry on a global scale. (Economy-Watch) There is no doubt in that regard, since the hotel industry encompasses all features of the service sector. Summing it all up and when we focus our attention to the hotel/hospitality industry in UAE also we feel that there are many interesting details to research about, especially the growth component of UAE hospitality industry in the current schemes of things. Literature Review First and foremost it should be understood that the very idea of hotel industry in general is a playground of huge economic activities. As we can observe, international industry presents a refined form of globalization and its influence in almost all sector and industries. The significant part is that globalization has opened up an avenue and numerous opportunities for hotel industry to reap the benefit from. Global Hospitality Industry Hospitality to be correct is much broader in scope. Some people do have a misplaced understanding as to what is hospitality industry.   The general perception of hospitality means the realms of hotel and restaurant. This is not wrong or incorrect to be precise, however, hospitality industry and its scope is broader and includes all features of entertainment and other aspects that amount towards serving guest and reception of visitors with liberty and good will. (Clayton W. Barrows, 2008 , p. 4) According to scholars and observers, they are of the opinion that the global hospitality industry is bound for a major boom and growth, due to increase internationalization of businesses and the worldwide presence of variety of services in the backdrop of globalization and its impact. An economic aspect that covers the range of activities within the hotel industry also is garnering steam. (Yu, 1999 , p. 3) In the current scheme of things it is said by experts that the global hospitality industry is on a growth path. Demands in the industry as far as service components encompassing hotel industry also is huge, which further boost the growth element to the point that meeting the demand seems to pose many issue when viewed from a business perspective and as far as operation goes. (ErnstYoung, 2011) Nonetheless, it also should be understood that ‘hospitality is the very important component of the service industry in any of the country national economy.† (Yu, 1999 , p. 4) Speaking of the hotel industry, it should also be understood that the components which feature the hotel industry can be classified and divided into two main segments, namely (i) Entertainment area (ii) Accommodation and Lodging. (Economy-Watch) Entertainment Areas: in the Entertainment Area, the hospitality services includes, clubs, bars, restaurants, casinos, and other forms of entertainment such as event planning and the likes, which are some example mentioned herein. (Economy-Watch) Accommodation and Lodging: On a larger note though, Accommodation and Lodging area of the hotel industry includes houses for rent, hotel accommodation, resorts, serviced apartments and also extend its range to motels, which are a factor of attraction for traveler due to the cost factor and comfy accommodation on a first come, first serve basis. (Economy-Watch) Apart from these and within the components of the hotel industry in the global scale, the very object of tourism also finds a pale of consideration. The structure of tourism and its components to a great extent defines the very object of hospitality industry. What is all about tourism and is feature can be measured within the realms of its components that includes providing tourist with comfy accommodation when it comes to their stay be it hotel, motel, lodges, guest houses furnished apartments or any other hospitality services. (Andrews, 2007 , p. 30) For this very reason we see as to why the tourism sector at most instance are in tie up with major hotels and accommodation providers and also with tour and traveler providers and thus boosting the growth of global tourism. Above all, it should not be forgotten that the hospitality industry is a huge employer, when compared and contrasted in context of the industry at large. Employment opportunities in the backdrop of booming global to urism and increasing and mushrooming international business provide a huge avenue for fresh graduate and those who are specially trained in the hospitality management aspects. Hospitality Industry in UAE According to reports, it states that the hotel industry in UAE and in particular to its Trucial state Dubai is very competitive. Dubai and UAE in particular defines the landmark for all kinds of luxuries. Hence, when it comes to hotel industry, it is not surprising to see that UAE in that regard boast of a huge avenue and booming scenario of Hotel industry. One example of it can be looked in respect of the Dubai Marina Hotel and Resorts that are a delight global travelers and frequent traveler who is in search of luxury. (Boermeester, p. 52) To understand the very component encompassing the hospitality industry in UAE and in particular in Dubai, we feel that observing the development projects in the tourism industry and increasing construction for tourism attraction in recent time can be effective. One example to list in that regard can be looked in respect of the Palm Spring Island, and the Burj Al Arab Hotel that was opened and operated since 2009, and boast itself with a seven star class, and which we proclaims to one amongst the luxurious hotel on the global scale. (Ahmed Hassanien, 2010 , p. 14) Objectives, Scope and coverage This report and its study overall is focused and limited to the ‘hotel industry in general and the discussion in that regard which also covers the hotel industry in UAE in the last 2 years, starting from 2009 to present. We feel that it is also prudent to define the component of this report overall, that is to say the scope and its coverage. The overall discussion relates: To define, extrapolate and examine the features of what defines the hotel industry on a global scale. An extension to list all the viable and recent data related the growth and booming of the hotel industry in UAE, with its concentration in Dubai and Abu Dhabi, which is central to the discussion of this work. In order to reach to this conclusion and the analysis required herein for the basis of this report and the subject matter requirement, we feel that reliable source and data retrieved from the hotel industry would be viable enough, besides other available literature and information that can be retrieved online. Besides information related to the industry in general and that which is related to the hotel industry in UAE also would be helpful enough to assist the completion of this work and the attempt made in that regard. The main aim and objective of this work is to reflect its discussion and analysis on the hotel industry from an economic perspective. Thus, it is only natural that information to be used herein is directly linked to the hotel industry in general and that which gives us an informative points about the hotel industry in UAE in the current scheme of things. For that reason a brief economic analysis as to the growth factor of the hotel industry in UAE and its comparison with the global hotel industry is also a necessity we felt, which will be covered in this report through a literature review and successive, discussion and analysis, which defines the overall objective of this work in order to reach a conclusive conclusion.   Hypothesis/Assumption of the Report We assume that identifying the main issues to be discussed related to the subject matter ‘hotel industry in UAE is also helpful, which the following paragraph relates to. What defines the ‘Hotel Industry in general? Besides, what defines the components of hotel industry? It is assumed that the hotel industry is one of the fastest growing industries, How far this statement stands true? If, so what are the scopes for its growth for the present and future segment of the industry in general, given the current booming of hotel industry on the global scale? What are the attractive features of UAE hotel industry? How far UAE hotel industry has contributed to the growth element of global hospitality industry at large? What employment opportunities do the hotel industry offers, given that service sector is assumed to be the factor that drive the hospitality industry? Considering these assumptions identified above, it should be further clarified that this work and the overall attempts in parts and full thereof is to trace and examine the features of global hotel industry, with its concentration in UAE hotel industry. Methodology and Data For the purpose of this work, the methodology used herein is divided into the primary and secondary resources. Primary Resources: to be correct, there have been very least instance where the primary resources are used in this report. It wont be wrong to say that the primary resource in all aspects is focused within the data, or economic indicator to the growth element of UAE hotel industry that classifies between Abu Dhabi and Dubai which were accessed online and a helpful companion to trace the real economic indicator. Secondary Resources: Inclusive in this report, is the secondary resource being used, namely news and economic reports that is specifically related to UAE and its hotel industry covering a period of 2 years from 2009 till date. Besides, available literature that is related to the hotel industry and its discussion also have been used extensively in order to structure the report and its discussion overall. The combination of the primary and secondary methodology employed herein has been helpful enough for this work and the attempt made in that regard. However, primary resources and its availability posed many limitations. Yet, the economic report has been feasible to close that gap, which helped in completing the report successfully. Data Tabulation: The Economic Aspects of Hotel Industry in UAE From an economic point of identifying the discussion of the hospitality industry and that which is related to UAE, we see that its growth is booming. There are all kinds of hospitality services in UAE, ranging from budget hotels, 2, 3, 5 and 7 Stars hotel. The latest report available with AmeInfo.com, an online news portal, it highlights that increase of revenue from the hotel industry touched the 10% mark till date counting from the start for the financial year 2011. This research was carried out by Deloitte Touch, a global firm with its specialization in global economic research and risk management. (AmeInfo, 2011) This is one of the latest reports. Despite the gloom and decline in hotel industry revenue in the early part of 2009, UAE today is subject to benefit hugely from the rise in global travelling and tourism attraction in the country. News report available with UAE-Interact also states that Abu Dhabi alone have achieved of hotel guest in the first quarter of 2011 to the tun e of 10%, a huge jump from the global slump in 2009-2010. (UAE-Interact, 2011) The following data analysis would be helpful to understand the Hotel Industry in UAE, which is classified between Abu Dhabi, and Dubai growth projection for the financial year 2011. Data Analysis: Abu Dhabi Hotel The number of guest and visitors who lodge in at most of the hotels in Abu Dhabi and its figures is as follows. Number of Guest and Visitor in Abu Dhabi Hotels 510,114 Year/Quarterly Projection Jan-March 2011 Estimates Rise in Percentage 9% for March 2011 Number of Check-In (Emirate Hotels Combined) 180,931 Number of Guest Nights 1.56 million SOURCE:(UAEInteract.com) Data Analysis: Dubai Hotel When it comes to Dubai hotel though, the following is the data. Dubai Hotel growth Projector 7.9% Hotel rooms/Occupancy growth 76.6% for Jan   2011 RevPar(Revenue per available room for 2011) $102.32 Revenue Increase for 2011 2.6% SOURCE: (UAEInteract.com) In Dubai, there are all kinds of flagship hotels, starting with 2, 3, 5 and 7 starts hotel and resorts. The rise in percentage of room occupancy and revenue by a tune of 2.6% for the financial years 2011 is a positive thing we feel. Such increase says analyst is subject to the rise in global travelers and also the tourism boom just after the global economic downturn. (UAEInteract, 2011) Analysis of Results From the above data tabulation and when considering the hotel Industry alone, we feel that the slump from 2009 global down turn is far behind. Hotels industry in Abu Dhabi and in Dubai is projected for huge increase in revenue; check-in. the increase in that regard also shows a positive development scope. If the indication of the report is anything to go by, we feel that growth projection in the hotel industry in UAE is tremendously huge. The AHIC (Arabian Hotel Investment Conference) 2011 that was held recently also take a stock of the matter of the economic aspects of the hotel industry in UAE. As per the said news reports, it states that the main ingredient for hotel industry in UAE is set to follow within the path of asset management and diversification of product, as   a means and measure to meet the global demand of the hotel industry in UAE. Starting from the year from January 2001 till date, occupancy rate have jumped to 24.1%. This is one of the dramatic developments in the hotel industry in UAE.   In addition, the RevPer (revenue as per available room) for UAE hotel industry also has increased from a mere US$92.46 in 2010 to US$102.32 in 2011. (TTG-Mena, 2011) Rounding our analysis to the above tabular data and in particular to the new report, we feel that UAE hotel industry is heading for a smooth and dramatic recover from the slump it suffered in 2009 global economic downturn. It is not surprising to see the growth, since UAE is known to attract global travelers and businesses for the sheer element attached to its hotel industry. For that matter, UAE today is seen as global destination for all kinds of global events, be it business conference and the likes. Moreover, huge capital investment in UAE in the realms of transportation and infrastructural development of hotels presents an interesting side of the overall story as far as Hotel industry in UAE in concerned. Conclusion From our brief fragmented analysis, we can round up that Hotel industry in UAE is not a mere object to think about. Since the 2009 global economic downturn, UAE have recovered dramatically in all sector of the economy. It is also being observed that hotel industry dont lack far behind in recovery. The UAE government and its initiative to increase and create awareness about various programs, and back-to-back conference that are held in the country as well as tourism development programs and its development have been specific to contribute towards the growth of Hotel/Hospitality industry in UAE. The above analysis which we have defined the very basis of revenue earning for hotels and number of guest and nights stays are some examples of the economic aspects that is generated from visitors who often prefer coming to UAE for all the luxury treatment and preference of 5 and 7 star accommodation. UAE we can conclude presents ‘once in a lifetime opportunity for global globe trotters and business men, who are often seen heading to UAE for all kinds of conferences. To top it all, UAE also boast of major hotels. There are also major tourist attractions in the UAE such as the palm island. Increased infrastructural development and investment made in that regard is positive step taken by UAE government, a actor which also have boost its hotel industry and the national economy besides contributing directly and indirectly to the global economy and hotel industry.

Teaching Philosophy Statement Essay example -- Teacher Education Educa

Teaching Philosophy Statement Most teachers once they begin teaching rarely think about what philosophy they follow, or how they teach. It’s like second nature. A comparison can be drawn from the act of reading. One does not think about how they read, they just read. Teaching is the same. The teacher draws up lesson plans and such, being what they teach, but how to teach the lesson is usually not in the forefront of their thought, especially for experienced teachers. This just comes naturally. The underlying philosophy of how to teach is always present in the teacher’s method however transparent it may become to the teacher over years of instructing. How this process works is like spreading butter on a slice of bread. Philosophy is like the butter knife you use, it can be varied. A spoon, spatula, or even a finger could be used to spread the butter and they all get the job done, just in a different manner. However, the butter and the bread remain constant; they are the teaching materia l and students respectively. The vast majority of teachers do not choose to use one utensil exclusively, they instead use a knife sometimes, a spoon others, or even a finger at need. Most teachers follow a conglomerate of bits and pieces of all the philosophies. This is a very effective approach because all students can learn, regardless of their learning style. The teacher that combines all these methods into a single productive teaching style practices eclecticism. This is my philosophy of the classroom. I believe that all of the philosophies have distinct merits when applied correctly. Also I believe that certain students respond better to certain philosophies of teaching. Jim may disdain all material that he d... ...ehaviorism falls out of importance as the student grows. One major achievement that came from this philosophy is programmed learning. I own a CD-rom study guide for a class that follows the programmed learning study method and it has helped me tremendously on my learning. As a teacher, one must identify their own philosophy and learn how to best utilize it in the classroom. All philosophies are aimed at the best interest of the student. It is the task of the teacher to decide the method by which they wish to accomplish the education of their students. All teachers have to spread the butter on the bread; it is the choice to use the knife, spoon, spatula, or finger that determines our teaching potency. I will choose to use the tools that will spread the butter most evenly and efficiently, for the benefit of the bread, not just by mere favor of a utensil.

Reading Books Essay

Reading a book is one of the best forms of entertainment a person can have. Books can take you places to a time and lifestyle that you will never visit or experience. I remember the old show called â€Å"Reading Rainbow† and it lyrics were gave a very interesting take on books they went like this: â€Å"I can twice as high take a look, it’s in a book A Reading Rainbow, I can go anywhere, Friends to know and ways to grow, Reading Rainbow, I can be anything take a look it’s in a book.† Those lyrics are so true. Reading a book you can read about how life was in the 1700’s up until our generation today. I could be a detective who solves a famous mystery or I could be the killer trying to get away. I can learn to speak another language. There are so many things and topics in reading a book that can change your appearance, your political viewpoints, and change your attitude. Some say that books might become obsolete because movies are made from these books and you can watch the movies in two hours. Watching the movies a person feels that you can get the plot and conclusion of the book in two hours. This is true but for example if it is true life story the movie are going to change some parts of the books to make it more enjoyable, whereas the book is going to give you every detail the author wants you to have. Books gives people a conversation piece just like a movie but the only difference is books can join the world. Movies can’t be seen in some countries but a book can be read. So like the Reading Rainbow says â€Å"take a look it’s in a book†. So in conclusion reading a book is the best form of entertainment. Stephanie C. Williams November 20, 2010

Economics and Prostitution Essay

Introduction: The word â€Å"prostitution† has always confused the minds of people for years. Constant attempts to solve this existing problem have not really given any positive results. For some time the problem was obviously ignored by the government as if it completely did not know what to do with it. In the beginning of the XXI century a prostitute has become one of the most ordinary goods that the market can offer. It is also necessary to mention that the demand on prostitution is constantly growing due to several factors worth of separate analysis. Prostitution has always been â€Å"covered† from the eyes of citizens as is has always been unacceptable. Nevertheless, the problem does not disappear and in fact it becomes even more â€Å"sharp† with time. Of course it is easier to pretend like there is no enormous amount of women and men that have no other way to survive but offering sexual services. Basically, the Law of Canada has not done anything good enough to solve the problem in any way, except causing vagueness in the understanding  of what is legal and illegal in terms of sexual services. Prostitution has a lot to do with the economy, as it is not only its â€Å"dark† side but also the potential legal income, which is always needed so much. So what is prostitution? Does it need economical stimulation or should it be completely prohibited or ignored? And should the economical approach be used to prostitution at all? Prostitution is not and will never be a standard job and this is something that is to be never forgotten. 2. Choosing prostitution as a â€Å"career† opportunity? Read more: Reasons for Prostitution The most horrifying thing about prostitution is that it has become not just a way to make money for starving and homeless people but also a â€Å"career† opportunity for the young generation. Why do our children have to grow up with the notion that prostitution is a source of getting money and surviving in this world? The contemporary world lives under certain regularities. A man has to get a job that will provide him or her with a sufficient amount of money in order to maintain a normal living. So if a person does not have enough knowledge to get this or that job he or she always has another opportunity – to prostitute himself or herself. Prostitution as a primitive was of making money; it is a problem that prevents the society from its perfection and development. Prostitution is obviously a negative phenomenon, demoralizing the society but is has actually become a â€Å"job† for many men and women and this fact cannot remain unnoticed. 2.a. Definition of prosti tution Prostitution does exist and it an unchallengeable fact. It existed since ancient times in different countries, with different social-political statuses. A prostitute is a person who provides sexual services in exchange for money. In other words it is a person who offers sex and gets paid for it. Nevertheless, none of the people providing this type of services are performing a business activity. It is usually believed that prostitutes are women; nevertheless men play an important part in prostitution as an object of high demand, too. Anyhow it is very hard to give a definition to prostitution as a profession, because prostitutes do not pay taxes and do not receive any pension while on retirement. Prostitution is not illegal in Canada and this fact puts it in a very uncertain position in terms of possible â€Å"career opportunities† for the young generation. It is legal to  sell services but it is illegal to buy them – this statement makes many people bewildered. One th ing is certain for sure: prostitution – is an act of selling a person’s body for further sexual services for material compensation. 2.b. Danger of the oldest profession Choosing prostitution as a profession is not rational. Yes, it does bring income and the demand is always high. But what will a prostitute remain with at the threshold of the pension age? This is one of the reasons that many people such as the criminologist Dr. John Lowman argue in favor of its legalization1. Prostitution is considered as a potential source of renewing the budget of Canada. But there are also other reasons for not becoming a prostitute except the tax-pension side of the issue. Many of the prostitutes simply disappear and often become the victims of violence. According to the statistics â€Å"90 percent had been physically assaulted in prostitution and 78 percent had been raped in prostitution†2. Prostitutes do not get the protection the representatives of standard professions do. They can also be the cause of spreading of venereal diseases due to the fact of absence of a proper medical checkup. This â€Å"dangers† put prostitution in the position of the â€Å"risk zone† occupation. No one will argue that choosing an occupation with high risks is not rational at all. 3. Economical approach to prostitution Prostitution is legal in Canada. But it is only formally, because â€Å"pimping and operating or being found in or working in a â€Å"bawdy house† (every place where one or more prostitutes regularly work or where â€Å"indecent acts† are performed) are not†3. Criminal Code sections 210 and 211 forbid â€Å"Bawdy houses† and section 212 foresees responsibility for living on the avails of the prostitution of a person. How should the economical approach be applied to prostitution? Canada’s Justice has put prostitution in a position where is has to be done in certain places without any publicity or in other words it has to respect the moral abutments of the society. If prostitution is to be viewed as a type of â€Å"profession† than it is put on the same level with other taxpayers such as teachers, lawyers and many others. The application of the economical approach means that prostitution has to have a legal status. SO this makes us view prostit ution as a business. A business  activity is an independent activity directed to a systematic income arrival from property use, selling goods, work execution or rendering services registered and stated by Law. So prostitution is a systematic income obtained from rendering a service. Prostitution gets the possibility to exist illegally from the gaps in the Law and the Canadian Law with its semi-legalization does not make it easier to define the status of prostitution in the country. If prostitution is legal than prostitutes have to be 18 years old and have the right to medical and social security. At the same time they have to pay the monthly income tax, which will make the profession less profitable, then it is now. 3.a. Prostitution and economy. The existance of prostitution in Canada still can be explained form the point of the economic approach for Canada has a market-based economy. According to the economic approach both of the sides have to be in profit. Demand gives birth to supply and in this terms prostitution is just the reaction of the high demand of sexual services. So it is about the morality of the society in the first place. Third parties should be completely eliminated from this â€Å"deal†. These third parties, known as â€Å"pimps† or even sex-firms are the ones to be persecuted. Sex-workers have become an integral part of Canada’s society and they even form alliances such as the Sex Worker’s Alliance of Vancouver. The amount of money obtained from prostitution is enormous, so therefore the budget is left without any additional financing. There are only two ways out –either to completely legalize it eliminating street prostitution or to completely forbid it. Prostitution has increased in the last years in Canada. This has a lot to do with the sex-tourists arriving to Canada searching for sexual services. This means that Canada is getting foreign â€Å"deposits† that go to â€Å"nowhere†. Conclusion: Prostitution can be found in Canada’s every corner and especially in its main cities4. Its existance is conditioned by many factors. Canada is offering licensed sex but for some reason the gaps in the law enforcements are so big that it is completely impossible to notice them. In many cases prostitution is the only option of a person and the reaction of the government should not be through the legalization of this option but in the creation of other options of decent money making. The economic approach explains the existance of prostitution because any country is a big market place and is interested in  profit in the first place and Canada in not an exception. â€Å"The communicating law† is not effective anymore. Prostitution needs to be analyzed from every single side and needs a new conception of functioning if functioning at all. The economic approach app lication does not imply that the profit is made on the degradation of the society. And it is obvious that if the sex-workers had education, a place to work and a decent salary they would never have found themselves on the panel and could be their labor would have brought a bigger income for the budget. Canada needs to change the economic approach to the human approach and study everything concerning the prostitution for new.