Thursday, October 31, 2019

Resume Portfolio Coursework Example | Topics and Well Written Essays - 1500 words

Resume Portfolio - Coursework Example Demonstrated expertise in providing total nursing support for clinical trial patients that includes cardioversion procedures. I have proven ability to anchor all activities for clinical research that entails recruiting the required patients and coordinating visits in consultation with subjects, labs and physicians. Recognized expertise in assessing and monitoring patients and maintenance of patient data. Adept at interacting with internal medical teams and patients. Superior interpersonal and communication skills with a proven ability to impart training to medical teams. Detail-oriented and resourceful, innovative and self-directed. Autobiography Born of (Name of Father) and (name of mother) on the (birthdate) in Quezon City, Philippines. (age), (citizenship), articulate in English (include other dialects if using any), written or spoken, with good interpersonal skills, a team player and leader and a fast-learner with genuine fervor for learning. Various interests include music, perf orming arts, film and cooking (just an example). Skills: -Ability to provide nursing care to a group of clients within a variety of health care systems utilizing application and synthesis from nursing and related disciplines - Incorporating leadership theory and skill within the assumed nurse role during health care interactions with a client and collaboration with the health care providers - Demonstrating ability to integrate communication and professional relationship skills when

Tuesday, October 29, 2019

Employee Relations Assignment Example | Topics and Well Written Essays - 3000 words

Employee Relations - Assignment Example It offers all technical, professional and operational support employees for the hospital. Services being offered include; cleaning, security, estate maintenance, porterage, catering and car park management. Workers in the unions available are approximately 60 percent; they have memberships in GMB, TGWU and Unison. Due to the recession, the government fiscal policy and budget deficit is likely to cut the Trusts funds by 10 percent. The government policy has also provided for the emergence of other healthcare providers in the area. The expectations of the government is to see the Trust increase the number of patients that are seen, improve the service quality, effectiveness and efficiency. In order to meet the required target with a constraint budget, the Trust has been forced to offer competitive tender which has led to outsourcing of its services. The internal departments have been offered service contracts and in turn it has translated into providence of better value for money and the retaining of in house service. The relationship between the workers of the Trust and the unions is quite fair and there are 2 regular monthly meetings between the management and the union. The government in the past has brought changes that have elicited negative response from the staff. The aim of the organization is to offer good information to its staff regarding the government policy changes. There has been gradual development of communication policies by the hospital management and this has led to the improvements of staff feedback through the staff attitude survey. The survey evaluates the medical staff confidence in the top management. The support staffs presently works in groups of between 4 and 6 and this is dependent on their roles; there is a supervisor assigned for each of the groups. These groups are permanently assigned to the various departments within the hospital. The groups operate on a rotating 8 hours shift pattern; the number of shifts in a day is

Sunday, October 27, 2019

Impact of Malaysias Recession on Undergraduate Start-up

Impact of Malaysias Recession on Undergraduate Start-up Chapter 1 1.0 Introduction This part contains research background which illustrates basic knowledge for readers to understand better on the research. Problem statement and objectives tell the reasons why this research is done. Basically this part is significance for introducing the whole research. Other information includes scope and assumption, definition and abbreviation, limitation and significance of the research and research outline. 1.1 Research Background Recession occurs when the GDP (Gross Domestic Product) of a country falls below 5-10 per cent, lasting for two or more quarters consecutively. The GDP is the total market value of services, goods, investment and labour created within a country in a given period of time, which is usually one year. Frankly speaking, it is said that a recession is a less severe downturn in the economy, and it has a tendency of getting resolved faster compare to the great depression. The differences between a recession and a depression is, recession is a regular economic downturn that lasts for about 6 months to 1Â ½ years, and a depression is a sharp downturn lasting a number of years. Generally a recession occurs when there is more than 5% people are unemployed for a period of 6-18 months, whereas a depression occurs when more than 10% people are unemployed for a longer period of time lasting years. Different people had different perception towards a recession. For example, it means a recession for a retailer when his sales drop from 5% to 20%. To stockbrokers, it means a fall in the prices of stocks. The fall of demand and production means a recession for manufacturers. For normal people, recession can happened in two ways either a significant increase in prices, known as inflation, or a decrease in prices, known as deflation. If there is a decrease in prices, it caused by people that are having less money to spend or chooses not to spend as much money; it leads to the lowering of the GDP. Whereas, when there is an increase in the prices it will reduce of public as well as private purchase power and it causes the GDP to decrease. (Makhsudul Islam, n.d.) As a highly open economy, Malaysia has been affected by the deepening global economic recession. After growing by 7% in the first half of 2008, the Malaysian economy recorded a growth of 0.1% in the fourth quarter of 2008, and contracted by 6.2% in the first quarter of 2009, as a result of a sharp decline in exports. Given the expectation of a more pronounced global recession, the Malaysian economy is projected to contract by 4 5% in 2009. Conditions are expected to improve in the second half year particularly in the fourth quarter and going into 2010. Amidst the unfavourable external conditions, support to the economy will be from domestic demand, following the implementation of a significant fiscal stimulus, the cumulative accommodative monetary policy actions and the continued access to financing. The Malaysian economy is expected to experience the full impact of the global economic downturn in 2009. In response, several policy measures have been put in place with a primary focus on supporting domestic demand as well as mitigating the impact of the global slowdown on the affected segments of the economy A great deal of emphasis has been placed on nurturing the next generation of Malaysian entrepreneurs with programmes and initiatives that expose youth to business culture and cultivate entrepreneurship. This was designed to prepare youth to be independent and self employed later in life, if they choose this career path. In 2008, the Small and Medium Industries Development Corporation (SMIDEC) in collaboration with the Ministry of Higher Education (MOHE) introduced the SME University Internship Programme to train and develop budding entrepreneurs among graduates. The programme links SMEs to universities, thus enhancing the synergy between industry and academia to upgrade the capacity and capability of SMEs. Under this Programme, final-year students under the tutelage of their lecturers, SMIDECs SME Business Counsellors and the SME Expert Advisory Panel (SEAP) provide consultancy, advisory and mentoring services to SMEs with the aim to upgrade the companies operations in packaging, branding, marketing, accounts and technical areas. As for the graduates, the programme provided exposure to industry and real-life day-to-day issues faced by SMEs, enabling them to make practical applications of their studies and sharpen their interests to venture into business. Meanwhile, to facilitate unemployed graduates and school leavers to venture into the retail sector, the Ministry of Domestic Trade, Cooperatives and Consumerism (MDTCC) conducted the Train and Work Programme benefiting 1,000 individuals. The programme was aimed at providing training and career development in operating hypermarkets, exposing participants to the retail sub-sector and inculcating entrepreneurial culture. To assist start-up businesses, the Ministry of International Trade and Industry (MITI) continued to provide Matching Grant for Business Start-ups via its agency, SMIDEC which benefited 1,400 SMEs. (SME AR, 2008) In this paper, we are going to discuss factors that affecting undergraduates start-up decision in entrepreneurship point of view. During the recession, most of the start-up is a necessity entrepreneurship. The 2004 Global Entrepreneurship Monitor (GEM) report shows that there is great variability in the relative distribution of opportunity and necessity entrepreneurship across the 34 countries in the GEM sample. GRM 2004 had distinguished between necessity entrepreneurship, and opportunity entrepreneurship. According to GEM 2004, a necessity entrepreneurship is which has to become an entrepreneur because no better option and an opportunity entrepreneurship is an active choice to start a new enterprise based on the perception that a unexploited, or underexploited business opportunity exists. The opportunity entrepreneurs are more prevalent in high-income countries (such as France, the United Kingdom and the United States), while necessity entrepreneurs are more common in the low-incom e countries (such as Hungary and Poland). Accordingly, it may be argued that in developed countries opportunity entrepreneurship is linked to economic growth, while in most developing countries necessity entrepreneurship exists because of low growth. It may be that because richer countries are characterized by a more developed labour market or access to stronger safety nets (social welfare), there is a lower need for starting up a business and that therefore these countries exhibit lower necessity-based entrepreneurial activity rates. (Reynolds, Bygrave Autio, 2004) 1.2 Problem Statement The factors that affecting undergraduates start-up decision was chosen to be area of study with due of the following reason: Malaysia is having recession, various policies had been made to counter this crisis and we could see that government is stressing on the role of entrepreneurs in helping Malaysia to come out from the recession. We need to identify undergraduates perception and their supportiveness to entrepreneurship as they maybe the pool of unemployment in this crisis. Graduates unemployment rate had keep increasing; it is believe to reach a critical high rate in this long recession. Start-up can be a good ways for them in overcoming this problem. Now we need to recognize what are the forces that push undergraduates to start-up in despite of recession. Basically the main problem statement and research direction is to answer this question: 1) What are the factors that influence undergraduates to start-up during recession? 1.3 Research Objectives The objectives of this research are: 1) To understand how undergraduates perceive the role of entrepreneurship and start-up in stimulating Malaysia economic during recession. 2) To identify factors that influence undergraduates to start-up in despite recession 1.4 Significance of the Research This research is significant because it distinguish undergraduates perception on entrepreneurship role in this economic crisis. Economists had clarified the importance of entrepreneurship in economic recovery, but many people didnt realise it. Most of the people are fear to start their business in the downturn even they are jobless. In their view, start-up during recession is too risky and couldnt create enough benefits for them to try it compare to the loss possibility. This perception is negative in helping Malaysia economic recovery and relief jobless people from the unemployment. In this paper, undergraduates are tested on their willingness to start-up and what are the causes that may influence them to make such decision. This is significance as undergraduates unemployment rate had being an issue in Malaysia for many years. A large number of undergraduates will jobless in the recession and this incident could be solve by start-up. 1.5 Limitation of the Research Some of the respondents may not have sufficient background knowledge about this research so they may not understand or misunderstand the question asked. There are a lot of economics terms which maybe unfamiliar and create confuse for the respondents. It also cannot be discounted that the respondents might have completed the questionnaire without giving serious review on the question in the survey as they could try to be compassionate and sympathetic to assist the undergraduate to complete the project. As this research is a non-sponsor research, the limited expense budget has significant influence on the population sample size. Therefore, there were some limitations with respect to the analysis and data that may affect the accuracy of the results. 1.6 Outline of the Research This study is divided into 5 chapters. Chapter 1: Introduction It introduces general information of this research, especially in the Malaysia context. It also briefly discussed the background of the study. This is followed by a brief on problem statement and objectives of the study, which is the most important section of this chapter. In addition, the, limitations of the research, the significance of the study, the scope and assumption are described. Chapter 2: Literature Review Literature review presents some basic knowledge and theories relating to the research variables. This chapter will provide the information needed to answer the research question. The review is the foundation for developing a conceptual framework in the next chapter. Chapter 3: Methodology This chapter is an important chapter of this study. It includes the research variables, conceptual framework, hypothesis and the research methodology. This chapter describes the conceptual framework which is the basis for designing questionnaire. The hypothesis formed will be tested too by the result of the questionnaire. Chapter 4: Results and Discussions This chapter presents and statistical analyses the raw data collected from the survey. The statistical relationship of the data is logically interpreted, discussed and argued to make sense on the findings. The results and findings will be discussed deeply on the consequences and effect for each variable. Chapter 5: Conclusions and Recommendations This section will precede an overall summary of the study and propose discussion after conducting the entire research. Moreover, in this chapter it will also stated the limitation of the study and yet it will propose the suggestion for future research. A conclusion is made and which must answered the problem statement propose before. 1.7 Definition and Abbreviations Definitions used by researchers are often not conform, so it is important to define the positions and views taken in this thesis in regards to some key concepts. Definitions of core constructs will also be dealt with in more depth when the various literatures are discussed. Providing an overview here will give readers a clearer understanding of important concepts. Recession: A period of general economic decline; typically defined as a decline in GDP for two or more consecutive quarters. A recession is typically accompanied by a drop in the stock market, an increase in unemployment, and a decline in the housing market. Entrepreneurship: The assumption of risk and responsibility in designing and implementing a business strategy or starting a business. Start-up: A new business venture SME: Small Medium Enterprise GEM: Global Entrepreneurship Monitor Fiscal Policy: The use of government spending and revenue collection to influence the economy Monetary Policy: The process by which the government, central bank, or monetary authority of a country controls (i) the supply of money, (ii) availability of money, and (iii) cost of money or rate of interest, in order to attain a set of objectives oriented towards the growth and stability of the economy Market concentration: Is a function of the number of firms and their respective shares of the total production (alternatively, total capacity or total reserves) in a market FRB: Federal Reserve Bank 1.8 Scope and Key Assumptions The scope of the population sample covers undergraduates majoring in Bachelor of Business Administration in Malaysia. The sample is selected from the final year student of a university. All of the respondents are assumed to have basic business knowledge and some acquiring knowledge on entrepreneurship, economic recession and government policy implemented in Malaysia. Most of the population samples are chosen from Malacca region. Assumptions on the respondents are as follows: l Respondents have basic business knowledge and understand economic terms used in the questionnaire l Respondents are familiar with current economic condition and policy implemented in Malaysia l Respondents are honest in their responses to the survey and are not influenced by hearsays in completing the questionnaire. 1.9 Conclusions This chapter has laid the foundation for this research. It introduced the research objectives and raise up the research question.. The research was justified, definitions were presented, the scope and assumption was briefly described, the report was outlined, and the limitations were given. On these foundations, this paper can proceed with a detailed description of the research. Chapter 2 2.0 Literature Review This chapter gives an overview of literature that is related to the research problem presented in the previous chapter. This chapter will introduce the factors that affecting undergraduates start-up and how this factor influence their decisions. Besides, it still covers some definition and experts opinion about the variables in order to give a clear idea about the research area. 2.1 Job Opportunity Tay (2009) point out that in Malaysia, traditional medicine company Hai-O has successfully helped thousands of ordinary Malaysian bumiputeras becomes millionaires through its entrepreneurship development business model. In times of economic slowdown, Malaysian companies should emulate Hai-Os example to create opportunities and employment for the people. The government should also quickly initiate an entrepreneurial development campaign for all races based on merit, since this is one of the measures to create self-employment and counter the economic crisis. In the midst of record unemployment, a new Kauffman Foundation-funded U.S. Census Bureau study reports that startup companies are a major contributor to job creation. The Business Dynamics Statistics (BDS) also indicate that while business startups decline slightly in most of the cyclical downturns, startups remain robust even in the most severe recession over the sample period (in the early 1980s). Job growth is essential for our economy to rebound, and this study shows that new firms have historically been an important source of new jobs in the United States, said Robert E. Litan, vice president of Research and Policy at the Kauffman Foundation, which funded the BDS. Our research into the early years of business formation consistently shows how vital new firms are to our economy, and this data should give policymakers and budding entrepreneurs alike great hope for how we can solve our current crisis—create and grow jobs through entrepreneurship. (Ewing Marion Kauffman Foundation, 2009 Jan) The BDS data show that employment accounted for by U.S. private-sector business startups over the 1980-2005 period was about 3 percent per year. While still a small fraction of overall employment, these jobs from startups reflect new jobs, which is a large percentage compared to the average annual net employment growth of the U.S. private sector for the same period (about 1.8 percent). This pattern implies that, if you exclude the jobs from new firms, the U.S. net employment growth rate is negative on average. Micro firms (firms with one to four employees) accounted for a large percentage of new jobs in any given year—about 20 percent on average. Although substantially larger startup firms (those with 250 to 499 employees) created a considerably smaller percentage of jobs in any given year—about 1.3 percent of employment in this firm-size class—their numbers still are substantial relative to net growth. Although the overall business startup rate in the BDS does not exhibit much of a trend, the data do reveal a declining trend in the micro-firm business startup rate. This may reflect compositional changes in sectors such as retail trade, where there is ample evidence of substantial shifts away from small, single-establishment firms to large, national firms. (Haltiwanger, Miranda, Jarmin, 2009) Entrepreneurs will be the foundation of our nations economic recovery because they start and grow businesses that create jobs. Research indicates that former employees are often receptive to starting a new business during a recession. A Kauffman Foundation-funded U.S. Census Bureau study released in January reports that startup companies are a major contributor to job creation. The Business Dynamics Statistics (BDS) also indicate that while business startups decline slightly in most of the cyclical downturns, startups remain robust even in the most severe recession over the sample period .( in the early 1980s) (Ewing Marion Kauffman Foundation,2009 Feb) The relationship between entrepreneurship and unemployment is analyzed by Audretsch, Carree, Thurik (2001) in an econometric model covering 23 OECD countries between 1974-1998. They find a complex relationship between the two variables. Defining entrepreneurship as firm start-ups there is both a positive effect of unemployment on entrepreneurship (the shopkeeper or refugee effect) as well as a negative relation (the Schumpeter effect). The GEM (2000) concludes that there is a strong relationship between entrepreneurial activities, defined as start-up activities, and economic growth. In the study, this definition of entrepreneurship is claimed to constitute the singularly most important factor for economic growth. In an econometric analysis of Sweden 1976-95, FÃ ¶lster (2000) finds significant support for the hypothesis that an increase in self-employment has a positive effect on overall employment. Another study of Sweden by Davidsson, Lindmark, Olofsson (1994) finds that 70 % of the new net jobs are generated in the small business sector in the period 1985-89. A further emphasis is that most of the new firms are not growth oriented, but are founded on a hobby or subsistence motive. Thus, small firms are important to the economy because of their large number but a vast majority of the upstarts will remain micro firms. Blanchflower (2000) does not support the hypothesis that increases in the level of self-employment increase the real growth rate. Furthermore, making a comparison of the level of self-employment in 23 OECD countries 1966, 1976, 1986 and 1996, Blanchflower finds that the level of non-agricultural self-employment has decreased in most of the countries. The relative importance of small firms is not undisputed as Davis, Haltiwanger, Schuh, (1996) and Bednarzik (2000) remark in their studies. Although important, entrepreneurship through start-ups is claimed to make a smaller contribution to job growth than expansion within existing firms in the U.S., Davis et al draw their conclusion from a study of data from the U.S. Census Bureau during 1972-1988, whereas Bednarzik has studied the mid-1990s. Although smaller firms have a higher gross job creation rate, large firms supply more in terms of net job creation. In a comment on Davis et al, Carree and Klomp (1996) contest its conclusion, arguing that small firms created more net jobs in the 1972-1988 periods relative to their employment share. Davidsson et al (1998) empirically test the regression fallacy, one reason for overestimating the importance of small firms according to Davis et al. The test by Davidsson et al covers Sweden 1989-96 and concludes that the bias does not imply a qualitative change on the overall result. Baldwin and Picot (1995) have studied the Canadian manufacturing sector 1970-90 and in order to avoid a regression-to-the-mean bias three different methods of estimation are used. A consistent finding is that small firms have a higher gross volatility in job growth and destruction but also a higher net employment growth than large firms. While an international comparison of the relative importance of small firms with respect to net job creation is interesting, the results are likely to differ between countries due to ins titutional reasons. For example, Davis and Henrekson (1999) show that the Swedish institutional environment prior to the economic crisis in the beginning of the 1990s significantly disfavored Swedish intensive-intensive, small, and/or managed-owned family businesses as well as entry of new firms compared to similar types of firms in the United States and other European countries. Using data from the U.S. manufacturing sector 1972-93 Haltiwanger and Krizan (1999) find that young firms exhibit high average net employment growth rate but also high volatility compared to mature establishments. Furthermore, among newly started firms there is no evidence of any systematic pattern by employer size of net employment growth. The conclusion is that in the context of employment growth, the age of firms appears to be more important than size, with the caveat that attributing a principal role to a single factor might be misleading. The survey, conducted by pollster Schoen, reveals that 63 percent to 23 percent, survey respondents prefer giving individuals the incentives they need to start their own businesses as opposed to allowing the government to create new jobs directly or through big corporations. Further, as a means of leading the country out of the economic crisis, 63 percent of respondents say the United States government needs to encourage the creation of new businesses, which will create sustainable, long-term employment opportunities and economic growth, while only 22 percent favor the government creating new jobs in the public and private sector. 79 percent of respondents say entrepreneurs are critically important to job creation, ranking higher than big business, scientists and government.Besides, Americans think the government does little to encourage entrepreneurship, despite its importance; 72 percent of respondents say the government should do more to encourage individuals to start businesses. Almost half of respondents think the laws in America make it more difficult to start a business.(Schoen,2009) 2.2 Innovation Tay (2009) study illustrate (cited from Professor Russell Sobel of West Virginia University), that infusions of venture capital funding do not necessarily foster entrepreneurship. Funding does not create new ideas — it is people who create new ideas. Funding merely follows and flows to those with new ideas and helps to commercialise the venture. In Malaysia, the government encourages ideas and provides seed funding through Cradle Sdn Bhd for commercially viable ideas. FRB of Dallass publication Entrepreneurs and the Economics say that the market system rewards those who create opportunities for employment and further innovation. When new products, processes and services are introduced by the entrepreneur, and when customers vote favorably with their dollars, even more opportunities arise. New products or service lines develop to further enhance the recently introduced products. The computer, for example, paved the way for the Internet, which, in turn, paved the way for search engines and software to explore the World Wide Web, which, in turn, created a new way for people to shop and obtain valuable information, and on and on. A wealthy economy is one teeming with superior contributions and the entrepreneurial opportunities created by them. The director of the U.S. Patent Office during 1899 was wrong when he said that everything that could be invented had already been invented. But the actual is most of the modern conveniences we take for granted today did not exist 100 years ago. According to FDB of Dallas in its publication Entrepreneurship and the Economics, the progress sparked by entrepreneurs ideas does not simply happen. A tremendous amount of work and a great deal of risk go into every new idea that eventually makes its way into the marketplace. And even though entrepreneurs create wealth and opportunity with their ideas, they are not always appreciated for what they do in the economy. One reason for this is that entrepreneurs can be extremely disruptive. When entrepreneurs take bold leaps and break contact with the familiar, they often leave behind a clutter of obsolete products and processes. This force is called creative destruction. For example, manual typewriters used to be in great demand, because they ser ved a useful function. Now, one would be hard-pressed to find a manual typewriter, or even an electric one, at work in a business. The same fate awaits countless other products, processes and services. New technologies replace old ones, and entrepreneurs spark the change. A healthy economy is one that allows creative destruction to occur because, overall, more people benefit than lose. Each act of creation brought about by entrepreneurs more than offsets the losses associated with products or processes becoming obsolete. (Federal Reserve Bank of Dallas, n.d.) Sobel stated that a vibrant, growing economy depends on the efficiency of the process by which new ideas are quickly discovered, acted on, and labeled as successes or failures. Just as important as identifying successes is making sure that failures are quickly extinguished, freeing poorly used resources to go elsewhere. This is the positive side of business failure. Successful entrepreneurs expand the size of the economic pie for everyone. Sam Walton, the founder of Wal-Mart, was an entrepreneur who touched millions of lives in a positive way. His innovations in distribution warehouse centers and inventory control allowed Wal-Mart to grow, in less than thirty years, from a single store in Arkansas to the nations largest retail chain. Shoppers benefit from the low prices and convenient locations that Waltons Wal-Marts provide. Along with other entrepreneurs such as Ted Turner (CNN), Henry Ford (Ford automobiles), Ray Kroc (McDonalds franchising), and Fred Smith (FedEx), Walton significantly improved the everyday life of billions of people all over the world. Schumpeter stressed the role of the entrepreneur as an innovator who implements change in an economy by introducing new goods or new methods of production. (Sobel, nd) In the Schumpeterian view, the entrepreneur is a disruptive force in an economy. Schumpeter emphasized the beneficial process of creative destruction, in which the introduction of new products results in the obsolescence or failure of others. The introduction of the compact disc and the corresponding disappearance of the vinyl record is just one of many examples of creative destruction: cars, electricity, aircraft, and personal computers are others. (Schumpeterian, 1911) In contrast to Schumpeters view, Kirzner focused on entrepreneurship as a process of discovery. Kirzners entrepreneur is a person who discovers previously unnoticed profit opportunities. The entrepreneurs discovery initiates a process in which these newly discovered profit opportunities are then acted on in the marketplace until market competition eliminates the profit opportunity. Unlike Schumpeters disruptive force, Kirzners entrepreneur is an equilibrating force. An example of such an entrepreneur would be someone in a college town who discovers that a recent increase in college enrollment has created a profit opportunity in renovating houses and turning them into rental apartments. Some empirical studies have attempted to determine the contribution of entrepreneurial activity to overall economic growth. The majority of the widely cited studies use international data, taking advantage of the index of entrepreneurial activity for each country published annually in the Global Entrepreneurship Monitor. These studies conclude that between one-third and one-half of the differences in economic growth rates across countries can be explained by differing rates of entrepreneurial activity. Similar strong results have been found at the state and local levels.(Kirzner, 1997) Entrepreneurship and competition fuel creative destruction. Schumpeter summed it up as follows: The fundamental impulse that sets and keeps the capitalist engine in motion comes from the new consumers goods, the new methods of production or transportation, the new markets, the new forms of industrial organization that capitalist enterprise creates. (Schumpeter, 1939) Entrepreneurs introduce new products and technologies with an eye toward making themselves better off—the profit motive. New goods and services, new firms, and new industries compete with existing ones in the marketplace, taking customers by offering lower prices, better performance, new features, catchier styling, faster service, more convenient locations, higher status, more aggressive marketing, or more attractive packaging. In another seemingly contradictory aspect of creative destruction, the pursuit of self-interest ignites the progress that makes others better off. (Alm Cox, n.d.) Romer, a leading scholar of Economic Growth, has explained that innovation results from a combination of growth-fostering social institutions and new ideas. Because ideas, unlike objects, can be shared by many at the same time, they greatly increase the speed of technological advancement. Capital, social institutions, and new technology, therefore, do not alone cause growth; they must be combined with the ability and willingness to think and act creatively, which in turn means that innovation, has philosophical and psychological requirements. (Sandefur, n.d.) Novus ordo seclorum, characterized by greater uncertainty, asymmetry, and reliance on knowledge as a factor of production, has increased the importance of small entrepreneurial firms. Acs and Audretsch (2001) conclude that there are significant differences in the importance of small firms regarding innovative activity across sectors. Specifically, they mention computers and process control instruments as industries where new entrepreneurial firms are an important part of the innovation process. This adds to a list of Baldwin and Johnson (1999), who mention the importance of small firms regarding electronics, instruments, medical equipment, steel, and biotechnology. Acs (1996) presents an innovation measure, defined as the total number of innovations per 1000 employees in differe

Friday, October 25, 2019

Business Plan :: GCSE Business Marketing Coursework

Business Plan Executive Summary Target Things is a mobile training and safety instruction company; it will utilize the DART Targeting System, a computerized range system incorporating the latest in technology and graphics. It is a 3-D range, which can be used for archery or other weapons type training. This convenient, compact and very affordable Dart digital shooting system comes in three portable cases that can be easily transported in a mid-sized vehicle. One case holds the electronic equipment, another the firearms, and the third case holds the screen/frame. Target Things will specialize in the techniques needed to become proficient with all types of archery and firearm equipment. Also, we will become firearms and archery National certified safety instructors. The electronic equipment package is enclosed in a quick set-up console that sits on the floor. The system comes with your choice of two Dart modified firearms also, over 1000 wildlife scenarios. As a secondary specialty, we will also offer instruction in gun safety and proficiency and National Bowhunter safety education course, which is required to hunt all big game animals in South Dakota and many other states with archery equipment. Introduction Target Things is intended to be a one-stop mobile target range designed to meet the archery and firearms needs of the local community and beyond. It will specialize in personal and family instructional training for the archery and firearm enthusiast while at the same time providing a specialized training operation for use by the South Dakota Department of Game, Fish and Parks Service, schools, colleges and universities, wildlife organizations, and other local and state organizations. It is very important for customers ¡Ã‚ ¦ wellness and well being. We will be able to deliver this instruction through the use of the DART mobile training and practice system and the professional knowledge of our staff. There is also a child firearm weapons available for use and they would be available for hunters ¡Ã‚ ¦ safety courses and firearms safety. This compact gun is just 30 inches in length and weighs a mere 2 pounds 4 ounces. The Cricket is ideal for young kids and can be easily handled by t hem. Hunter Education on the Dart Target System gives hunter education instructors an exciting new tool for archery and firearms education. Dart's Core Curriculum is available on all Dart Target Systems at Dart Dealers nationwide and on Dart Mobile Systems. Dart's Hunter Education & Bowhunter Education Curriculum:

Thursday, October 24, 2019

Jaw Crushers Keep the Balance of Mining Machinery Market

Broken equipment machinery industry from the current market trend, market developments has been in a good direction. Although progress is slow, but with the potential market for the products of broken deepening awareness , to help push the upgrade market and product structure adjustment of advance technology and many other factors make it the industry to achieve a greater opportunity for development.And with the high demands of the market demand and environmental standards to Improve the project to increase the degree of concern , seize the opportunity to evolve mechanical products In the continuous Improvement process at the same time creating Integration of advanced technology to optimize the production of teeth roll crusher, Jaw crusher , a variety of quality products to meet market demand mill , mobile crusher, sand making machine and so on. Such as jaw crusher can be widely used in many industrial sectors of building materials , coal, chemicals, building materials and so on.When crushing operations simple frame structure , the proportion of intact crushing equipment and other advantages make up the series compared to other types of crushing equipment with owe energy consumption , low noise, less dust , large crushing ratio and other advantages . And along with the accelerated pace of infrastructure planning to make the process of building thrown in some deviations , not only led to the healthy development of infrastructure related resources is resulting in huge extravagant .Especially within some energy mineral resources, mineral resources, metals , non- metallic mineral resources, mineral resources are concerned it is an indispensable component departments in the promotion of social and economic development , specially now circles the rising demand for mineral resources and the number is rising consumption of filling an important position in the industrial process of Its economic development. Scientific management, advanced processing technology and Innov ative manufacturing theory make Foote Heavy Machinery become the exporting base of mobile screen station, crawler-type mobile screen station and famous grinding equipment in China.

Wednesday, October 23, 2019

Knowledge Management Importance In Organisations Commerce Essay

In today competitory environment, the cognition direction is significantly become more importance in many administrations. Harmonizing to Chaffey ( 2007, p.486 ) define that cognition direction is the direction of activities and procedures for leveraging cognition to heighten fight through better usage and creative activity of single and corporate cognition resources. Knowledge can be divided into two different types which is expressed cognition and tacit cognition. Therefore, cognition is an of import resource in nowadays modern administration. Consequently, the beginning of cognition is uniqueness and hard imitate by the rivals.Industry analysisIn this age of globalization, cognition acquisition has become the critical agencies for acquisition competitory advantageIn this age of globalization cognitionacquisition has become the critical agencies for deriving competitory advantage, and assuch acquisition has become a important component of cognition acquisition, application andcreative activity ( Longworth and Davies, 1996 ) . The widespread proliferation of cyberspaceengineerings and applications provides unbelievable chances for the bringing ofinstruction and preparation, and with quickly increasing internet use e-learning has nowgo a portable and flexible new method for scholars to derive indispensable cognition ( ching, Lee, factors influence the acceptance of e-learning system )The forces of engineering, globalization and emerging cognitio n economic system are making a revolution that is coercing administrations to seek for new ways like implement cognition direction at the administration in order to vie with the rival. 2 ) Current usage of cognition direction in the Higher instruction industry Nowadays, higher instruction is face challenges in the competitory environment. Therefore, utilizing cognition direction techniques and engineerings in the higher instruction is critical because higher instruction is in the corporate sector. If the higher instruction can implement knowledge direction efficaciously, it can take to better decision-making capablenesss, better faculty members and administrative services, reduced cost and others. ( Kidwell, Linde and Johnson, 2000, p.31 ) Consequently, cognition direction is one of the good direction tools in today ‘s cognition based society.2.1 ) Knowledge direction in Moscow State University of Economics, Statistics and Informatics ( MESI )Harmonizing to Tikhomirova, Gritsenko and Pechenkin ( 2008, p.16 ) province that Moscow State University of Economics, Statistics and Informatics ( MESI ) is one of the taking research and educational Centres in the field of economic sciences, mathematics, statistic, IT and direction wholly over the Russia and Commonwealth Independent State ( CIS ) states. Furthermore, MESI is founded in 1932 and is an advanced educational and scientific composite, with 50 subdivision constitutions, 117 representatives ‘ offices and more than 200 regional spouses in Russia, CIS and other states. In add-on, MESI besides acknowledged as a leader in the development and execution of the latest preparation methods and advanced engineerings of E-learning. Presents, the higher instruction is recognized to be in the cognition concern and bit by bit more open to market place force per unit areas in a similar manner to other concern all over the universe. ( Rowley, 2000, p.325 ) Thus, many instruction administrations is late begun to recognize the importance of those alterations and besides get down to implement the cognition direction to the administration. For case, based on the Tikhomirova, Gritsenko and Pechenkin ( 2008, p.16 ) province that MESI is one of the instruction administration are have several cognition direction initiatives that the University can put to death like through making cognition direction research centres ; making cognition direction subjects, and implement it in a university course of study ; opening cognition direction larning plans on each degree like certification, unmarried man, maestro and PhD degrees ; implementing cognition direction Initiatives in the University ‘s procedures and forming external c onsultancy services for authorities and private administrations. Consequently, all of these enterprises has undertaken by the MESI. Furthermore, â€Å" MESI ‘s aims are to better coaction with authorities and concern ; want to increase quality, effectivity, efficiency and inventions. In add-on, MESI ‘s ends are want to do the University knowledge resources relevant, transparent, systematic, accessible and useable. Finally, the MESI is wanted to accomplish powerful competitory advantages † . ( Tikhomirova, Gritsenko and Pechenkin, 2008, p.16 )2.1.1 ) Quality direction system ( QMS )Harmonizing to CERCO Working Group on Quality ( 2000, p.7 ) define that Quality Management System ( QMS ) as a managing construction, duties, procedures, processs, and direction resources to implement the rules and action lines needed in order to accomplish the quality aims of an administration. Therefore, Tikhomirova, Gritsenko and Pechenkin ( 2008, p.17 ) province that MESI besides hav e implemented the QMS which is certified in conformity with the ISO 9001:2000. The execution of QMS constructs in this University is affecting leading, procedure, systematic attack, client orientation and others. Therefore, all of this QMS constructs are lays the footing for planned cognition direction enterprises to the University. In add-on, this QMS constructs implement by the University is really a system for demands ‘ designation and fulfillment, addresses the demands of internal and external stakeholders, employers, internal interested parties like module and employees and others. Furthermore, QMS besides support the international demand for research and quality instruction. Consequently, from the QMS construct, it seen the cognition is an of import plus for the MESI to leverage throughout the whole university system ( Tikhomirova, Gritsenko and Pechenkin, 2008, p.17 ) Furthermore, there is holding other cognition direction reenforcing elements embedded in go outing QMS attacks which is the MESI ‘s system of Strategic and Operational Management Planning are back uping the cognition plans all over the strategic program, quality policy and ends. ( Tikhomirova, Gritsenko and Pechenkin,2008, p.17 ) This strategic planning of University can be view in appendix 1. Therefore, through use this strategic planning, the MESI conducts it every six months, both an internal and external rating of its scheme, visions and ends, in conformity with an internal Rules of Procedure. Beside this, it is a self-assessment of each chief procedure and end product. Furthermore, this strategic planning besides is a system for monitoring, reexamining and analysis of demands, sentiments and attitudes of employers and end-user like pupil, alumnus pupil and others. ( Tikhomirova, Gritsenko and Pechenkin, 2008, p.17 ) Consequently, the developed service of selling and monito ring is used for this intent. Thus, based on Davidson and Voss ( 2002, p.149 ) province that cognition is understood to be a strategic resource and system are in topographic point to attest that the administration can calculate its hereafter cognition demands. As a consequence, strategic planning is an of import tool for the University and it can supply benefit to the MESI which have betterment the countries of technological substructure, pupil services, plan bringing, institutional and executive committedness, fiscal wellness, and others.2.1.2 ) the cardinal Realms of Knowledge ManagementHarmonizing to Petrides and Nodine ( 2003, p. 10 ) describe that three core organizational resources in the cognition direction is involve procedures, people and engineerings. Hence, this three constituent can take the administration to utilize and portion information more efficaciously.2.1.2.1 ) Procedure, People, TechnologyHowever, harmonizing to Tikhomirova, Gritsenko and Pechenkin ( 2008, p.18 ) province that MESI operates the university ‘s concern activities and maps by using a procedure theoretical account. This procedure theoretical account can see in appendix 2. Through the diagram from appendix 2, the MESI ‘s procedure theoretical account has an proprietor and chiseled ends. In add-on, every basic procedure are described and translated in the ordinance paperss of MESI. Therefore, this is a cognition sharing in the University because each of the module and employee besides can entree the information through the university corporate portal. Therefore, for each procedure, this will affect the people like staff, clients, spouses and rivals. Furthermore, MESI besides continually undertake reengineering as a effect of feedback and analysis. Therefore, this procedure theoretical account can steer the MESI to implement the cognition direction more effectual. Beside this, from the MESI ‘s procedure theoretical account, it can supply the appropriate cognition direction tools and engineerings to the system. So, this is involve the engineering in the university when implement the cognition direction. Consequently, this is the chief thought of a systematic attack to knowledge direction execution is incorporating the cognition direction rhythm to each concern procedure. Last, the cognition momAppendixsAppendix 1: Strategic Planning of UniversityBeginnings: appendix 1 adapted from Natatya Tikhomirova, Anatoly Gritsenko and Alexander Pechenkin ( 2008, p.18 )Appendix 2: MESI procedure theoretical accountBeginnings: appendix 2 adapted from Natatya Tikhomirova, Anatoly Gritsenko and Alexander Pechenkin ( 2008, p.19 )

Tuesday, October 22, 2019

Free Essays on Jackie Kennedy

at Jacqueline Bouvier Kennedy Onassis’s funeral. Jacqueline’s, also known as Jackie, legacy is global (Spencer 9). Jackie was a woman doing things her own way from the date of her birth. Jacqueline Lee Bouvier was born on July 28, 1929, in Southampton in New York. Jackie’s parents were John Vernon Bouvier III and his wife Janet Lee Bouvier ( www.isdesigners). John was a wealthy stockbroker, which put the Bouvier family at the top of society. Jackie’s mother Janet was a snob of society (www.thekennedy2). But that didn’t stand in Jackie’s way, she still made her young youth years as fun as possible. As a child, her years were divided between New York City, East Hampton, and Long Island (www.isdesigners). These places were what Jackie called home. They were the places where she learned the hobbies she loved as a child. She even enjoyed them as an adult. Her favorite hobby was horseback riding. Jackie learned how to ride almost as soon as she could walk. She also enjoyed reading, writing, and painting (Onassis 66). However, Jackie’s youth years weren’t always filled with joy. Jackie’s mother and father separated when she was only eight years old (Onassis 66). When they split up, her father was penniless, which left them financially insecure (www.thekennedy2). Jackie had always hoped for her parents to get back together. She truly missed her father dearly. It wasn’t until 1940, when the sad divorce was finalized, that Jackie got to spend time with her father, John (www.isdesigners). Jackie’s mother Janet remarried in 1942. Jackie was only thirteen years old. Janet married Hugh D. Auchincloss, Jr. Hugh just happened to be a wealthy lawyer (Onassis 66). Which re-secured their finances. School kept Jackie busy allowing her ... Free Essays on Jackie Kennedy Free Essays on Jackie Kennedy Who was the Queen of Camelot? â€Å"No one else looked like her, spoke like her, wrote like her, or was so original in the way she did things†. Ted Kennedy spoke these words at Jacqueline Bouvier Kennedy Onassis’s funeral. Jacqueline’s, also known as Jackie, legacy is global (Spencer 9). Jackie was a woman doing things her own way from the date of her birth. Jacqueline Lee Bouvier was born on July 28, 1929, in Southampton in New York. Jackie’s parents were John Vernon Bouvier III and his wife Janet Lee Bouvier ( www.isdesigners). John was a wealthy stockbroker, which put the Bouvier family at the top of society. Jackie’s mother Janet was a snob of society (www.thekennedy2). But that didn’t stand in Jackie’s way, she still made her young youth years as fun as possible. As a child, her years were divided between New York City, East Hampton, and Long Island (www.isdesigners). These places were what Jackie called home. They were the places where she learned the hobbies she loved as a child. She even enjoyed them as an adult. Her favorite hobby was horseback riding. Jackie learned how to ride almost as soon as she could walk. She also enjoyed reading, writing, and painting (Onassis 66). However, Jackie’s youth years weren’t always filled with joy. Jackie’s mother and father separated when she was only eight years old (Onassis 66). When they split up, her father was penniless, which left them financially insecure (www.thekennedy2). Jackie had always hoped for her parents to get back together. She truly missed her father dearly. It wasn’t until 1940, when the sad divorce was finalized, that Jackie got to spend time with her father, John (www.isdesigners). Jackie’s mother Janet remarried in 1942. Jackie was only thirteen years old. Janet married Hugh D. Auchincloss, Jr. Hugh just happened to be a wealthy lawyer (Onassis 66). Which re-secured their finances. School kept Jackie busy allowing her ...

Monday, October 21, 2019

A Guide to a Social Work and Human Services Essay

A Guide to a Social Work and Human Services Essay Writing an essay is often considered to be a dreaded and challenging task among student as it requires from an individual to pay full attention to the activity, gather information and analyze it accurately. Besides, a person will have to express his/her opinion persuasively and find convincing arguments, which will make the topic more interesting for a reader. Although this task is frequently overwhelming and challenging to complete, there is a set of steps a student might follow to break down the essay into several parts and make the task manageable. The following social work essay guide will help to simplify the writing process and draft a successful essay on Social Work and Human Services topics. Choose the Topic: A Few Ideas from Our Academic Writers You might have a topic assigned, or your teacher can provide you with a chance to select the field, which best fits your interests and preferences. If you were given a particular task, it would be a good idea to think over the type of paper, which your professor wants to get. Should you come up with a general overview of a problem or narrow your discussion to a specific analysis? Focus on the keywords in the assignment and identify the type of paper, which you need to submit in this task. If the instructions ask you to analyze an issue and give your opinion on the topic, it is essential to gather more information on the subject and develop your position on it. When the topic is assigned, you can focus on a task and search for the necessary data. Nonetheless, when you have the freedom to choose the question, there is a little more work to do. On the one hand, selecting a topic for an essay might be a challenging task since a student will have to conduct research, carry out an analysis of the field and pick up the problem, which will be exciting both for a writer and his/he audience. On the other hand, it is an excellent opportunity to research the field, which is exciting and relevant to you. That is why it would be a good idea to determine the purpose of your essay and identify what you want to achieve in the end. Does your work aim to interest the target audience, draw people’s attention or persuade them to take your position on the issue? After you identified the primary goal of the work, you may evaluate your options and focus on topics, which will be interesting and intriguing for a reader. It is better to focus on problematic a reas or controversial issues, which are disputable among the public. It will give you more room for discussion and encourage the audience to respond to your arguments. The following list of topics will provide you with a set of ideas, which students might use while writing a Social Work and Human Services Essay: The Legal Framework for Social Work in The United States; Quality Standards of Social Work in Different Regions of the World; New Ways and Techniques for Dealing with Homelessness in the Global Perspective; The Evolution of Human Services Through the Course of History; Early Intervention and Its Impact on The Well-Being of Troubled Families; Inclusive Strategies for Teaching Children with Disabilities; Poverty and Its Effects on the Life of Developing Communities; The Ways to Deal With Racial Stereotypes At US Schools; An Interconnection Between Crime and Poverty; The Role of A Social Worker in Preventing Dropouts, Etc. Research the Topic and Gather Data When you picked up the topic and identified the type of paper, it is vital to look for the necessary information and conduct an analysis. Although your primary task is to expand on the issue and explain your position on the problem, you should be aware of experts’ views and ideas. The research will help you to get a better understanding of the sphere and develop your attitude to the problem. Additionally, you might look for the ways to cope with the issue and come up with your recommendations. It is also essential to use only credible sources for the work. You should identify resources clearly and provide all necessary information about a journal, webpage or a book. For instance, students frequently cite a website without stating the exact hyperlink. A student cannot locate such reference as a market will not be able to check the credibility of the information in the essay. Additionally, it is vital to pay attention to the format of the paper and cite all sources appropriately. Develop an Outline or a Diagram of Your Ideas When you have the topic and all the necessary information, you might have a set of views on the problem. Nevertheless, students might find it challenging to organize their thoughts properly, which will negatively affect the coherence and cohesion of the paper. Therefore, it can be useful to prepare an outline of the ideas, which will help to visualize the essay structure. In such a way, you will see what arguments you have and search for extra information if necessary. Besides, you may group similar ideas and cross out those, which are repeated in the essay. This approach can save your time for editing and provide with an exact outline of the paper. Individuals, who best learn by visualizing the material, will find it useful to draw a diagram, which will demonstrate the main arguments of the paper. Write the topic of the essay and draw up to five lines, which will demonstrate the main ideas of the paper. You might also develop subtopics by drawing lines from the arguments and writing supporting ideas. This method will help to structuralize the work and make it more coherent. How to Draft a Thesis Statement for a Social Work Essay A thesis statement is the most important component of your essay since it demonstrates your point of you and introduces your position to a reader. This sentence usually stands at the end of the introduction and connects it with the main body. To develop a successful thesis statement, a student should look at the main ideas of the paper and develop his/her position on the topic. Of course, it is often hard to develop a particular position while discussing controversial topics. However, you should think of the best way to address the problem and offer your solution. Look through the articles and websites, which will provide you with a set of arguments for and against a particular phenomenon. After that, you can evaluate the options and find the best way to resolve the issue. The thesis statement should demonstrate your point of view or offer a certain solution to a problem. How to Write the Main Body of Your Paper When you have already developed an outline of the paper, it would be easier for you to draft the main body of an essay. Each idea or an argument in your chart will occupy a separate section in your work, which will present a particular idea to a reader. For instance, if you write an essay devoted to the discussion of homelessness and possible solutions to the issue, you might want to discuss financial hardships and the lack of economic empowerment. Begin by writing an introductory sentence for every idea, which will present a certain argument for a recipient. After that, you can provide supporting ideas that will develop the argument. Moreover, you may provide examples to back up your position and motivate people to accept your point of view. For instance, if you have to write an essay devoted to the topic of homelessness, you may speak about the lack of economic empowerment or employment opportunities. These ideas will support your position and provide a solution to an issue. Howev er, you should make sure that all your ideas align with the thesis statement and do not go in contradiction with your opinion on the topic. How to Write an Introduction that Impresses When you have a thesis statement and the main body, it is the time to develop an introduction, which will draw readers’ attention. In this case, you should think about the target audience and their interests in the topic. For example, if you are going to write an essay and read it to your classmates, it would be reasonable to think about the problems, which might attract their attention. It would be an excellent idea to include interesting facts or stories that will introduce an issue to your peers. However, if you are going to hand over the work to your teacher o professor, you should think over his/her expectations to your work: whether an educator wants you to focus on a general or controversial topic. It is a good idea to start with an attention grabber, which could be a quote, shocking facts or an overview of a problem. Whichever method you will choose, ensure that it ties up with your position on the topic and the thesis statement. How to Write a Conclusion This part is a summary of the main ideas presented in the paper. Make sure you restate the main arguments and offer a final perspective on your topic. If you compose a persuasive essay, you should call your readers to action and motivate them to accept your position. For instance, if you argue against discrimination at work, you should motivate reads to fight against injustice and stereotyping. On the contrary, when you provide a particular solution to a problem, you should think of the reasons why your idea should be implemented in the society. Additionally, it is vital to restate your thesis statement since it demonstrates your position on the topic and provides the main insights into the problem, which is discussed in an essay. Your last section should remind a reader about your position and encourage him/her to accept a particular point of view. The following picture demonstrates the structure of an academic essay. A Few Words on References After you completed all the parts and edited the work, you should come to a reference page section. Of course, you have already selected credible sources for your work and researched the topic. Therefore, this stage should not be challenging for a student. You should only cite the sources in the separate section and ensure that you do it following the format of your work: APA, MLA, Chicago or Harvard referencing styles. You should comply with the general requirements to ensure that all sources are cited correctly. Besides, it would be better to avoid the resources, which cannot be supported by credible data or studies, such as Wikipedia or blogs. They will not provide you with useful information and might undermine your reputation in readers’ eyes. That is why it would be better to look for scientific articles in journals or professional websites where you will be able to find the necessary data, which will back up your opinion on the topic. The recommendations above can serve as a guide for students, who want to write an excellent Social Work and Human Services essay, which will impress their professor and draw readers’ attention to the main topic. It is vital to follow the structure and ensure that your idea is communicated in an effective and clear way. For this purpose, you should write a persuasive and inspiring thesis statement, which will introduce the writer’s position on the problem or call readers to actions. Besides, an essay should be motivating and contain the main arguments, which can support the author’s point of view. In such a way, you will be able to present your idea in the best way and shed light on the topic of an essay.

Sunday, October 20, 2019

Boeing

Boeing Essay TheBoeing 700s are very capable of handling duties in the commercial andmilitary world. The Boeing 700s are capable of handling many tasks in thecommercial and military world. With the introduction of the 707 in the latefifties to the most recent 777 in the early nineties the, 700s have dominatedthe commercial world for five decades. They are a line of aircraft that arecapable of handling many roles from basic civilian transport to various militaryneeds. They are the people movers of the 20th century. Each with a largecarrying capacity combined with the range of a jet aircraft they have moved morepeople longer distances than what was once thought possible. Boeing has trulyproduced some of the greatest aircraft in history. The various duties that the700s perform are quite extraordinary. It all started in the fifties. Therewas a growing demand for a commercial airliner that could move a greater numberof people farther and faster. The age of the jet engine still had not reached tocivili an transportation. There was still a fear of the jet because of lack ofreliability, but with the advancement of technology the jet engine now hadbecome more even reliable than the piston engine. The need for a jet enginepowered plane was growing. Airlines still were looking for a plane that couldcross the Atlantic Ocean without a refueling stop. The Lockheed Super Connies, apiston powered plane, were able to cross the Atlantic Ocean with out stopping onthe eastbound leg, but they had to stop in Gander, Newfoundland to refuel on thewestbound leg. The airlines desired a plane that could easily travel theAtlantic with out a stop. The piston engine just wasnt going to do it, thejet engine was the answer to the question. Boeing realized this and moved tolook for a design for a jet powered plane. At first Boeing was looking to modifyexisting aircraft with jet engines to perform the tasks. They quickly realizedthat they needed a whole new aircraft. The Boeing 707 was born. The first Boeing 707 was delivered to Pan America airlines in May of 1958 (Bauer, 218). Salesstarted out slow in fact the 707 almost died many times in its first coupleyears of existence. It wasnt until Boeing modified the 707 by increasing theoverall length, the wing span, and adding more powerful engines did the 707confirm its place in as a commercial transporter. With the new modifications the707 became a very capable aircraft, crossing the Atlantic Ocean became a routineaffair. With the introduction of the 707 transatlantic travel doubled in twoyears (Bauer, 195). Airlines profitability soared due to the new capabilitiesof the 707 presented. The 707 began a new era and improved the way people areflown. The 707 being the first major jet airliner saw many applications andvariations in its lifetime. There were thirteen variations of the 707, theyvaried in capacity, range, and speed (Wright,49). Each variation was designed tomeet a specific needs of an individual airline. Some 707s could carry alarg er capacity of passengers over a shorter distance, were as another variantcould carry fewer passengers over a longer distance. With all of thesevariations the 707 left little room for the Douglas DC-8 which was once thoughto be a major treat to Boeing. The 707 could meet any need of an airline; thisis one reason that made the 707 such a versatile aircraft and why it dominatedthe market. The 707 also saw plenty of action in uniform. Its most usefulapplication came in the way of the KC-135 Stratotanker. It was modified toperform in-flight refueling task for the United States Air Force. The 707 saw ahealthy lifespan as the KC-135, of the 735 units build in the early sixties 550still remain in service today (www.Boeing.com). The 707 also had the veryprivileged role of presidential transport. As Air Force One it started itscareer in 1962 and served seven Presidents. It was only to be replace by one ofits bigger brothers the Boeing 747. Another of one of its more interestingapplications w as that of the Vomet Come a modified KC-135 to make largein-flight arcs to provide a weightless environment to train NASA astronauts. READ: Joe jackson Essay Altogether the 707 and its derivatives saw many varied and interestingapplications. With the 707 fulfilling the needs for a long range jetliner therewas a demand by the airline industry for a short to medium range jet. A jet thatwas designed for short-range use would provide savings over a long-range jet andfaster travel times that were presently completed by prop driven planes. Boeingwent to the drawing boards and came out with the 727. When the 727 finally cameto production it came out with better performance that what was originallyplanned. As throughout Boeings history, its strong, patient, intenseengineering efforts had once more been the key (Bauer, 226). The 727 filledthe duty of short to medium range better than any other aircraft. It showed inthe sales and the 727 became at the time the most selling Boeing aircraft, butthat title would not remain very long. The Boeing 737 became the most sellingcommercial jetliner in the world. To date it has sold 3,158 units and there arest ill more on order (www.Boeing.com). Its primary role is short to medium rangepassenger transport. The 737 were to be a gradual replacement to the 727 and didso quite well, it became known as the Little Giant. The 737 also proved tobe a very rugged aircraft, with a kit add-on to the landing gears it made itpossible for the 737 to land on unimproved runways like a grass field or agravel runway. The 737 also were far superior in its ability to take off fromhigh altitude, short runways. These abilities made the 737 very versatile itcould link many areas that were unable maintain a modern airport that would havea paved runway (Bauer, 250). One key feature to the 737, which made it thesuccess it was, was the decision to make the plane six seats abreast. Douglaswas the main competition in the beginning has a plane that was five seatsabreast. Even with Douglass advantage in speed and range it could never matchthe seat per-mile cost the 737 gave. The single decision, which meant about a17inc h increase of diameter over the DOUGLAS DC-9, meant the success of the 737and the failure of the DC-9. Above: Comparison between the DC-9 and 737cross-sections. With the ruggedness of the 737 it sees several applications forthe Military. Its most widely used application is as a training aid for bothpilots and navigators. Pilots use the USAF designated T-43 737s as a flighttrainer for large cargo and transport aircraft. The 737 is a large aircraft butnot too large aircraft, it provides the perfect stepping stone for pilots intothe huge birds that are present in todays Air Force. It also providesnavigational training. Its wider design offers plenty of room for the traineesand their instructors. One T-43 has about 19 stations for its students (Minton,31). The T-43 provides a very accommodating learning environment for the flightstudents. The largest and most infamous member of the family is the Boeing 747,the Jumbo Jet. This is an aircraft that has changed commercialairliners forever. With its sheer size it put itself in a class of its own. The 747 offer a lower seat per-mile cost and a more efficient way fortransportation than any other aircraft. It can move more people and cargofarther and faster. The 707 brought jet transportation to people. The 747brought jet transportation to the everyday people (Norris and Wagner, 26). 747s have become the backbone of many airlines, in that they handle more peopleand cargo than any of their other planes. 747 not only provides a highlyefficient people mover it has also been a great improvement of cargotransportation. Some modified 747 have a large upward swinging door at the noseof the plane. This door allows for great ease in loading large cargo items. Boeing also offered the option of a side panel door for loading. This was mainlyused in the Combi 747; they were 747 they would transport people and cargoat the same time. The 747 also serve several roles in the Military. Most notablyis in the application of presidential transportation as Air Force One. The 747replace the 707 as Air Force One with great pride. With the increase in room andluxury the President hasnt had a better ride since. The 747 also found itselfthe solution to a rather large problem that is of the transportation of theSpace Shuttle. There really is no other way to transport the large orbiter thanstrapping it onto the top of a 747. NASA bought an ex-American Airlines 747 in1977 and has been using it ever since (Gilchrist, 61). By the late seventies the727 and 737 were showing their age. Boeing was unable to sell newly modifiedversions of the two aircraft and they soon realized that a whole new aircraftwas in need. The new aircraft did not come in the form of a sing le plane but intwo completely different airplanes that would pick up the slack in the short tomedium range jet planes. These planes would be the 757 and the 767. They wouldprove to be very qualified successors to the 727 and the 737 proving themselvesin both the commercial and military world. In fact the 767 came out ofproduction with great performance than what was original planned. Getting itinto service, getting it under our original cost estimates and one day early-Idont know how you can improve on that. And thats due to the great team atBoeing (Bauer, 320). The short to medium range jet had been modernized withincreases in performance of its capacity, speed, and fuel consumption. TheMilitary had their eye on the 767. It was as wide-bodied aircraft similar indimensions to the 737 and the wider body is what the Military saw mostappealing. One of the primary functions the 767 serves is in the AWACS (AirborneWarning and Control System) program. It is a 767 modified with a large cir culardisc on the top. The disc is composed of radars and antennas, it purpose is totarget and track targets from a long range, this information is thencommunicated to fighters on stand by. The body of the plane has a crew and alarge amount of computer equipment used in the process of determining targets. READ: Microsoft Essay SummaryBoeing has some more plans for the 767, Boeing see it a very capable candidatefor a tanker/transport variant that would provide in flight refueling andtransportation duties (www.Boeing.com). The last in the family is the 777, whichwere introduced, in the early nineties. It is a complete new generation ofaircraft with the complete integration of computers. The 777 has two mainvariants presently they are the 777-200 and the 777-300. Their main differenceis length and capacity, the 300 is about 33 feet longer and can hold about 70more passengers than the 200. Both will work to satisfy the different needs ofan airline. A newer version is in the works too. It is the 777-400 planned tohave even greater capacity that what is now present. The 777 should graduallyreplace the 747 as the large capacity long-range jet (www.Boeing.com). The 777are the plane of the future and will have many service roles in the commercialworld. The line of the Boeing 700 aircraft is undeniably a very versatile lineof aircraft. From the beginning they have dominated in commercial jet sales andfor good reason. Boeing has always made their aircraft with the utmost qualityand attention to detail. Boeing will test and test again until they get it rightand that shows in their products. The 700s serve any commercial and militaryneed placed on them. They have made long distant travel a comfort and a pleasureto many. It is hard to imagine what is would be like without Boeing. It is verysafe to say that commercial airline travel would simply not be at the samecaliber we find it today.

Friday, October 18, 2019

Abramoff case Research Paper Example | Topics and Well Written Essays - 1000 words

Abramoff case - Research Paper Example These political lobbyists offered gifts and campaign donations to legislators in return for the unfair legislative support. The scandal was brought to light following the federal investigations into the business as well as political dealings of Abramoff. Indian lobbying scandal was one of the major misdeeds of Abramoff and it was resulted from defrauding native Indian tribes of millions of dollars. As noted already, the scandal represented the bribing of government officials as well. From extensive FBI investigations, Abramoff found guilty of three felony counts including conspiracy, tax evasion, and fraud. The tax evasion charges were roughly amounted to $1.7 million whereas the loss of the defrauded tribes represented a figure of $66 million (US Senate, 2006). Abramoff was asked to cooperate with officials on the investigation of congressional corruption because he had bribed congressional representatives including Bob Ney of Ohio. The scandal also included the hiring of congressio nal staff with intent to influence their former employees. As Eliason (2009) points out, Neil Volz, the chief staff of Tom DeLay, was found guilty of offenses including fraud, conspiracy, and contravention of house rules and which in turn forced DeLay to relinquish his position as the chairperson of the house administration committee. It is apparent that the political scandal perpetrated by Abramoff had many ethical consequences. The parties involved in this scandal had ethical responsibilities toward the society and general public, and therefore the scandal resulted in an ethical downturn of the parties involved. The Abramoff scandal also represented the violation of societal values because ethics is an integral element determining acceptable behaviors in a society. To illustrate, Abramoff defrauded the native Indian tribes of millions of dollars through his lobbying activities, and from a societal perspective it is just equivalent to

Carpetright plc financial comparison Coursework

Carpetright plc financial comparison - Coursework Example Mohawk Industries is a company in the US producing floor covering products for commercial and residential applications lines distributed in the United States and Europe. It has a total of 36,200 employees and a recent reported market capitalization of. 1.77billion US dollars. It has total outstanding share of 68.4million US dollars. Carpetright specializes on floor covering and has more than 300 stores all over Great Britain. It is based in United Kingdom, sells and retails a range of carpets, rugs, vinyl and laminates together with associated accessories. Recent addition to their line of business is linoleum and wooden floorings. As of 2007, the company has 3,273 employees. Recent financial figures of Carpetright shows market capitalization of 402.69M, with a total share outstanding of 67.2M The growth rates, price ratios, profit margins, financial condition, investment returns, management efficiency as of 2007 year end and a ten year summary of financial data of these companies will be presented in tables to show relative relation of Carpetright with the others on the same industry. First, we will have the price ratios of the three carpet makers in the market. Price earning ratio gives us the valuation ratio of the company’s current share price compared to it’s per share earning. In this case, current ratio is 6.2 for Carpetright, and for the carpet industry, 7.6, Mohawk has no available figure. With P/E ratio investors expect a higher earning growth compared to a company with lower P/E. Comparing the P/E ratio of Carpetright to the industry on a 5 year level, Carpetright maintains a high P/E. Investors should not base investment decisions on P/E measures alone, as Investopedia says the earnings is based on an accounting measure of earnings that is susceptible to manipulation. Being so, rightful decision should

Neanderthals Research Paper Example | Topics and Well Written Essays - 2500 words

Neanderthals - Research Paper Example Some suggests that the species mated with the human and disappeared into the other human species. Others think Neanderthals were underwent extinction since they could not compete favorably with humans a process that Charles Darwin would call natural selection. The origins of the Neanderthals can be traced back to about 250 years ago when a discovery of a born resembling that of a long-dead bear was made in Germany. However, a closer look at the born later suggested that they were not those of a bear as earlier thought. This is because the bones resembled those of human beings despite being excessively thick and oddly shaped. During the discovery, fifteen pieces of the skeleton and a skullcap were found at the site. The skullcap was found to be that which usually covers the human brain. Because of the strangeness of the remains, it became necessary to conduct a thorough examination on it leading to the fossil being handed over to Herrmann Schaafhausen, a local anatomist to do more research (Stefoff 11). Upon examination, Schaafhausen noticed that the fossils were human but only differed from those of the modern human being slightly. He concluded that the remains might have originated from the wild races, which lived in northwestern Europe documented by scholars. The place was called the Neander valley. However, Rudolf Virchow, a German anatomist also examined the remains and concluded that the peculiar thick, curved bone of the Neanderthal skeleton might have been caused by rickets. He went on to suggest that the peculiar structure of the skull might have been a result of blows to the head and arthritis. Upon thorough examination of the bones, Virchow disagreed with the earlier conclusions that the remains originated from the earlier primitive tribesmen. On his part, he concluded that the bones belonged to the unfortunate individuals who lived in the past (Stefoff 11). The conclusion

Thursday, October 17, 2019

Summary and implications Essay Example | Topics and Well Written Essays - 500 words

Summary and implications - Essay Example Expected sales for Eliquis for 2012 is projected to reach $395 million (Loftus , par 2). Because of the delay in the decision of the FDA, Bristol-Myers and Pfizer might experience a decline in their sales projections which might also affect its stock prices which have gone up in the past few days at the New York Stock Exchange. The FDA justified their move by stating that the additional data submitted needs more time to review (Loftus , par 6). The original date for the decision should have been March 28 (Loftus , par 11). Boehringer Ingelheim GmbH and Johnson & Johnson, other manufacturers of new anticlotting drugs, may consider this a favorable development because it gives them time to establish their products in the market while the competition is not yet there. This means that the company may have to adjust their sales projections because it will mean a decline in their projected sales. If the launch of the product will be delayed by three months, it means that whatever projected sales for those three months will not be realized. The delay in the decision on Eliquis is good news for Boehringer Ingelheim GmbH and Johnson & Johnson. They can launch a more aggressive marketing strategy for their anticlotting drugs so that when the time comes that the FDA approves Eliquis, they have already saturated the market and may have gained loyal customers already. For the pharmaceutical industry, this should be perceived as a caveat in submitting drugs for approval of the FDA. They should make sure that all data that they submit are complete so that there will be no need for amendments later on. It will also serve as a warning to other pharmaceutical companies who intend to manufacture new anticlotting drugs that the FDA is very much concerned about bleeding risks for all patient types. In one’s opinion, the move of the FDA to delay the decision on Eliquis is good because it shows that it is concerned about the effects of the drug

Global Expansion Essay Example | Topics and Well Written Essays - 3000 words

Global Expansion - Essay Example There has been a considerable growth in globalization in the last decade. Trade and investments across borders have increased greatly that has helped shaping the economies of various nations. It has become highly important for organizations to remain transparent, comparable and reliable in terms of providing financial information. Globalization impacts international accounting in terms of the flow of capital. This increases issues relating to harmonizing global standards. Moreover, globalization has helped emerging economies such as, that of India and China, to participate in the global economy. This further increases the flow of capital as economic opportunities are developed. Maintaining adequate accounting records becomes a challenge for most organizations due to the conflicting accounting policies of the different nations and of regulatory authority. The requirement of universally acceptable rules in respect of accounting becomes essential. In general multinational firms follow t he IFRS principles. Considerable efforts are taken by different regulatory authorities to reduce the gap between the IFRS principles and the accounting regulations imposed by different nations and the US GAAP. Research questions are the identification of the main motive behind a research and what a researcher expects to learn from the same. Research questions hep to give direction to the study and helps maintaining a proper structure in the report. The research questions identified for conducting this research are as follows. The research has been conducted on the basis of qualitative studies. The study was conducted by secondary data collection technique. Information was collected from different journals and books for analysing the subject of study. The pattern of analysis followed in this research was largely the case study method. Case study method

Wednesday, October 16, 2019

Recent new york history with short essay format questions Assignment

Recent new york history with short essay format questions - Assignment Example the inefficiencies within the governments, as well as introduced reform coalitions and invented â€Å"methods of mobilizing public opinion† through â€Å"muck racking, celebrity picket line, forcing of an official witness-calling investigation, launching of a referendum campaign,† and poring over the city planner or commission government’s outputs (Rodgers, â€Å"Atlantic Crossings† 52; Thelen 1885 qtd. in Rodgers, â€Å"In Search of Progressivism† 117). Progressivism caused a lot of civil-focused reforms via the amendment of the Constitution; these reforms covered or created the personal income tax, Federal Reserve, antitrust laws, immigration-restrictions and food regulation (Leonard 207). A significant highlight of progressivism in New York City is its participation in the reformation of prostitution in the Tammany Hall. A published report, which linked â€Å"Tammany Hall with police-protected brothels,† paved the way to â€Å"redefine† policies that caused the proliferation of prostitution (Engs 76). In an incumbent party’s view, the Progressives took its opportunity to strike whenever government inefficiencies are spotted. Exploiting government flaws through reform proposals is a foolproof idea to firmly root the Progressive Party in New York. The only drawback of this movement is the simultaneous reforms’ sustainable capacity; with all the reformation occurring, there may be not enough people to watch its effectivity. Consequently, feedback is not captured to be incorporated to reform-improvements. The fiscal crisis in New York consisted of the primary and secondary cause. While the primary cause is considered the root cause, the secondary causes were government responses to the primary cause. The primary cause was the â€Å"city’s exaggerated forecast of real estate revenue collections† (Fuchs 56). This forecast left the city with significant deficits. However, instead of cutting spending, the government resorted to short-term borrowing (Fuchs 56).

Global Expansion Essay Example | Topics and Well Written Essays - 3000 words

Global Expansion - Essay Example There has been a considerable growth in globalization in the last decade. Trade and investments across borders have increased greatly that has helped shaping the economies of various nations. It has become highly important for organizations to remain transparent, comparable and reliable in terms of providing financial information. Globalization impacts international accounting in terms of the flow of capital. This increases issues relating to harmonizing global standards. Moreover, globalization has helped emerging economies such as, that of India and China, to participate in the global economy. This further increases the flow of capital as economic opportunities are developed. Maintaining adequate accounting records becomes a challenge for most organizations due to the conflicting accounting policies of the different nations and of regulatory authority. The requirement of universally acceptable rules in respect of accounting becomes essential. In general multinational firms follow t he IFRS principles. Considerable efforts are taken by different regulatory authorities to reduce the gap between the IFRS principles and the accounting regulations imposed by different nations and the US GAAP. Research questions are the identification of the main motive behind a research and what a researcher expects to learn from the same. Research questions hep to give direction to the study and helps maintaining a proper structure in the report. The research questions identified for conducting this research are as follows. The research has been conducted on the basis of qualitative studies. The study was conducted by secondary data collection technique. Information was collected from different journals and books for analysing the subject of study. The pattern of analysis followed in this research was largely the case study method. Case study method

Tuesday, October 15, 2019

Roman Stoic Philosophy Essay Example for Free

Roman Stoic Philosophy Essay Stoic Philosophy What is Stoic Philosophy? Stoic Philosophy is the school of philosophy founded by Zeno, who asserted that men should be free from passion. Roman Stoic Philosophy was a big part of the roman everyday life. Some major parts of Stoic Philosophy are how it started, the ethics, what the stoics viewed philosophy as, the most famous stoics and what stoicism is. â€Å"The philosophy of stoicism was started in Hellenistic Athens, by Zeno of Citum, who had been trained in the philosophy of the cynics, and spread to Rome where it was embraced by many Romans, including the Republican throne in Julius Caesar’s side, Cato the Younger. (Stoicism-Greek philosophy of the stoics) The Romans adopted the Greeks Gods and their philosophy. The Romans culture had a heavy Greek influence in it. The Romans made stoicism their philosophy. The stoic’s ethics set them apart from other philosophers; they believed you needed to live in agreement with nature to be a happy person. â€Å"The stoics claim that whatever is good must benefit its possessor under all circumstances. † (Stoicism) The Romans used the ethics of the famous Greek philosopher, Aristotle, to form their ethics. Aristotle’s ethics provides the form for the adumbration of the ethical teaching of the Hellenistic schools. † (Stoicism) Aristotle was a famous scientific philosopher who learned from another famous stoic Plato, he learned from Socrates who was the first great Greek philosopher. The stoics believed that philosophy was a way of life; they found themselves superior to the other citizens. â€Å"They think of philosophy not as an interesting pastime of even a particular body of knowledge, but as a way of life. (Stoicism) The stoics took their work extremely seriously; they helped in several other fields such as astronomy an d the art of healing. The Romans thought very highly of the stoics. Some of the most famous stoics are well recognized people to anyone who has a basic understanding of philosophy. Two of the best known Roman Stoics were â€Å"Epictetus, a slave, and Marcus Aurelius, an emperor. † (Stoicism, the philosophy of Rome) Then you would obviously have to add the creator of stoicism, Zeno of Citium. Stoicism is basically an indifference to pain and pleasure. â€Å"Stoicism was one of the new philosophical movements of the Hellenistic period. † (Stoicism) The stoics were all about studying mans nature, why they do what they do. â€Å"The best stoics of all time cared much for human nature and human freedom. They studied men, and found man’s nature to be essentially rational. † (Philosophy-Stoicism) As was earlier stated; they believe you must live in agreement with nature to be happy. You must remain poised in any situation that you might have come in your life. As you can see Roman Stoic Philosophy was a big part of Roman life and is studied by many people who enjoy the study of philosophy, its one of the more well recognized types of philosophies due to its tie with the Roman Republic. The views the stoics had and their ethics were like no other philosophers before them. Stoicism was derived from one of the most well known philosophers of all time, Aristotle. It’s one of the greatest forms of philosophy in history. orks cited Baltzy, Dirk. â€Å"Stoicism† Stanford encyclopedia of philosophy. 2010 5 Nov. 2012 Stanford University Parker, Proffeser Charles Pomery â€Å"Philosophy† The Harvard classics. 2012 8 Nov. 2012 Harvard University â€Å"Philosophy-Stoicism† 27 Nov 2011 8 Nov. 2012 â€Å"Stoicism-Greek Philosophy of the A stoics† ancient, classical history 12 Nov. 2012 â€Å"Stoicism, the Philosophy of Rome† 5 Nov 201 2 Thorstein, Runar M. â€Å"Paul and Roman Stoicsim: Romans 12 and contemporary Stoic Ethics† Journal for the study of the new testemant 2006 5 Nov 2012

Monday, October 14, 2019

Model of Educational Innovative System in Ecuador

Model of Educational Innovative System in Ecuador Successful model of educational innovative system according to the socioeconomic context of Ecuador based on the success of South Korean educative model Eddy Ricardo Andrade Chamorro L5-001 Suneeta Williams November 22th , 2016 Abstract Education is a fundamental basis for a society consequently it must be the priority for countries and even more important to these countries in development. There are studies that demonstrate the relationship between quality education and economic growth of a country. That is why it is of the utmost importance to reconstruct the model of educational system of Ecuador. Currently this country has a very inefficient productive matrix and generate very low income. As a result Ecuador is a country underdevelopment and lagging technologically. In order to solve it the priority of Ecuador is to improve their industry by improving its educational system. A correct model of educational system according to socioeconomics condition, like South Korea model, led the country from poverty to be one of the most important economies of the world. Ecuador needs to educative system model strict and quality focused to the current needs of the industry to eventually improving it by technology and innovati on and as a result develop the country and changing the productive matrix of Ecuador. Educative model, productive matrix, South Korean success, innovation, socioeconomic condition. Which is the best model of an educational system to Ecuador considering the socioeconomic context of the country? Since its foundation Ecuador has been considered an exporter of raw material to the international market. The constant and unexpected changes on international prize of raw materials, as well as also the increasing difference front to the price of products of higher value added and high technology have placed to the Ecuadorian economy in an unequal exchange under changes in the international market. According to SENPLADES (2012), the way in which a society organize itself to produce certain goods and services is not limited only to strictly technical or economic process. It is related with the whole set of interactions between different social actors that uses resources that have to their disposal to carry out productive activities. This whole set including products, productive process, and social relations resulting of these process is called productive matrix. The current productive matrix has been one of the mainly limiting factor to economy and society of Ecuador. Overcome its structure and currently configuration must be therefore one of the priority objective of Ecuadorian society. Ecuador is a small country and does not have a huge quantity of natural resources. In consequence eventually the natural resources of Ecuador will run off. Therefore in order to survive Ecuador must change its productive matrix. From extractivist economic model to a model based on human resources, education, science, and technology. One of the most important axis of the productive matrix to be achieved is education. Ecuadorian educational system must change the traditional model to an innovative and creative model, focused on providing solutions to the current problems of the Ecuadorian economy and community. According to International Monetary Fund (2012) nowadays Ecuador has a volume of exports of goods and services of 2.17 and a value of oil exports of 11.36 billions of dollars instead South Korea, a country with one of the best educational systems and with an industry of knowledge, science, and technology, has a volume of export of goods and services of 10.455 and a value of oil exports of 0. Ecuador is currently a country with an economy strongly based on export of raw material mainly oil and its gross national income is 97,059.21 dollars. In contrast South Korea is a country with an economy based on knowledge, science, and technology has a gross national income of 1,388,988.42. South Korea percentage income from exportation of goods and services is equal to Ecuador percentage of incomes from export of oil. The most part of GNI of South Korea comes from manufacturing and services in contrast the most part of GNI of Ecuador comes from export raw material. As a result of the development of an innovative and technologic industry the economy of South Korea is nowadays one of higher growth in the world. In contrast Ecuadorian economy does not show significant growth and even exist decrease in periods. As a result of an economy extractivist Ecuador is not growing and in order to improve its economy the country must change their productive matrix from educative system. Ecuador must stablish an educative system comparable with educative system of South Korea in order to develop the only one an industry and economy successful to tiny nations and without natural resources. Industry, economy, and society of Ecuador must have a model of educational system according to their needs. According to The Economist Intelligence Unit (2014) the best educative system comes from countries with less natural resources than Ecuador: South Korea, Japan, Singapore and others. The success of education of these countries is the importance given by their society. According to Clark and Park (2009) the success of Korean education is mainly attributed to significant parental investment in after-school classes and other forms of private or additional tuition outside of the public school system. Education in South Korea is a very important topic in its culture. This country is an excellent country to compare and contrast with Ecuador because fifty years ago South Korea was a very poor country mainly agricultural and without science and technology. With correct government politics and with a very strong nationalism and culture of preparation and overcome. South Korea nowadays is between largest high-income economies. South Korea has an enormous investment in education leading the cou ntry from mass illiteracy to a major international technological nation. According to International Monetary Fund this country had one of the world ´s fastest growing. Ecuadorian economy is weak and strongly dependent on natural resources and on exploitation of them. This added to lack of interest of study has created a society poorly academically prepared. Therefore Ecuador has a poor industry. There is no a high prepared human talent capable to develop an industry of science and technology. The economy of Ecuador is the result of a set of causes mainly related with an inexistent culture of preparation, education, and investigation. Ecuador must transform the patron of specialization of economy in order to create new ways of generation, distribution, and redistribution of richness. Therefore decreasing the vulnerability of Ecuadorian economy and creating an industry of high technology. Currently educational model of Ecuador is not providing the required human talent to develop an industry of high added value, goods, and services. Education in Ecuador is lack of quality as a result of the low interest among people to prepare themselves. New model e ducational system of Ecuador must supply the needs of industry increasing the quality of education focused to issues that are critical to the country development. Equally important creating a culture of nationalism, preparation and improvement of each one and the whole country. In order to develop the country and change the productive matrix. Education must be innovative. According to Aguion et al. (2001) the innovation makes intensive use of highly educated workers while imitation relies more on combining physical capital with less educated labor. Ecuador in order to develop an innovative industry eventually will need highly educated workers. Presently Ecuador does not have the human resources to stablish an innovative industry in consequence the country must resort to imitation. Ecuador has physical capital sufficient and a less educated labor. Ecuador must currently follow a patron of imitation of successful models of the world and eventually the country will have the needed human capital to begin to develop its industry and innovate. In conclusion education is the fundamental basis for a society and must be accord it. Ecuador educative system must be reconstructed in order to improve the economy, society, and industry. There are models of successful educative system that were establish in other countries with a socio-economic context similar to currently one of Ecuador. These educational systems were establish with correct government politics creating an attractive and quality model to students. As a result the interest among people on education has increased. As a result of a success educative model, countries like South Korea nowadays have important economies and present high growth rates. Ecuador is strongly dependent on its natural resources but eventually the country will run off of natural resources and if until these time the productive matrix has not been changed the country will be impoverished and country economy will suffer a very important decrease. The country needs an educational system according to its socioeconomic conditions, considering currently failures and giving creative and innovative solutions in order to improve the society. References: Aghion, Boustan, Hoxby, Vandenbussche. (2009, March). The Causal Impact of Education on Economic Growth: Evidence from U.S. Clark, N., Park, H. (2013, June 1). Education in South Korea. World Education News Reviews. Hanushek, E. A., Wà ¶ÃƒÅ¸mann, L. (2007). Education Quality and Economic Growth. International Monetary Fund. (2012, April). World Economic Outlook Database SENPLADES. (2012). Transformacià ³n de la Matriz Productiva