Homework Essay Example | Topics and Well Written Essays - 500 words - 6

Homework - Essay Example There were contrasting opinions over the presence of a foreign material in the bottle. While the plaintiff’s believed that it was a condom, the analysts of the Coca Cola Company denied these allegations by terming the foreign particle as being a mold which resembled a condom. Also, Coca Cola argued that the case should not stand as there was no physical injury to any of the plaintiffs and the extent of mental distress as claimed cannot be quantifiable. The Court was therefore left to interpret the validity of the impact rule in cases of emotional distress which is not associated by physical injury. The court was also left to pass a judgment on whether the impact rule was applicable in this case or should it be abolished or amended in Florida. In this case, the court concluded that although it could not validate any impact for which it could apply the impact rule. In my view, the court had rightly made the decision since the plaintiffs could not establish the extent of the emotional distress as a fear of contracting a physical illness alone does not constitute a legally compensable injury. 2. In any society, there are four main functions of law which include Peacekeeping or social control, justice in the society, Environment protection, and personal freedom. The first function mentioned above is peacekeeping which essentially works by dissuading criminals and anti-social elements from indulging in anti-social activities by rule making which deters any such action through knowledge of punishments that may result as a consequence. The Tort system is one example which assures that every person is entitled to financial claim on the other in the event of any physical harm. This ensures that people do not fight or disrupt peace over such issues. Law also results in the provision of economic growth by promoting competition. Various anti-trust laws ensure that small businesses are

Drama Comparison Essay Example for Free

Drama Comparison Essay I am going to compare the scenes in which we have studied for She Stoops to Conquer and Guys and Dolls, I am going to discuss the similarities and differences between the two chosen sections. The sections that I am going to discuss are Act 1 scene 2 in Guys and Dolls, and In She Stoops to Conquer the section between Marlow and Miss Hardcastle as a maid. The time period that Guys and Dolls by Damon Runyon is set is in the 1950s, New York, this is shown through the accents of the characters on stage and also through costumes. In this scene Sky would be wearing a full suit and Sarah would be wearing an old Salvation Army suit. This is vastly different then She Stoops to conquer by Oliver Goldsmith, which is set in the 18th century, in the English countryside. The period is conveyed through costume, Marlow would be wearing breeches, and a cravat, a short jacket with a tail underneath wearing a colourful waistcoat the men would have long hair tied back with a ribbon. Miss Hardcastle would be wearing a maids outfit in this section; this would be a long brown dress with long sleeves and a square neck front and would also be wearing a white apron. They also convey this through language, which is Shakespearian. Another difference between them is that Guys and Dolls is a Musical and She Stoops to conquer is a restoration comedy. There are some major similarities between these two sections one of these is that its between a guy and a girl, and in both the guys are going for the girls. Even though this is a major similarity the woman react in different ways. In She Stoops to conquer Miss Hardcastle is playing hard to get so actually does like Marlow but does not want him to take her to bed, whereas Sarah just does not like Sky and does not want to talk to him. Both of the girls reactions are similar in the way that they are both rude and talk back to the men, both woman are supposed to come through as being innocent. Another similarity is that it is both dramatic irony this is because in She Stoops everyone knows that the maid is actually Miss Hardcastle, and in Guys and Dolls everyone in the audience knows that Sarah and Sky are going to fall in love. The guys in both performances are bold, Sky asks Sarah to go to Havana with him and Marlow implies to Miss Hardcastle that he wants to go to bed with her. Both plays are also deceiving this is because Miss Hardcastle is pretending to be a maid to Marlow, and in Guys and Dolls Sky is only talking to Sarah because he has bet that he can take her to Havana. A difference between them is movement, in She Stoops to conquer the movements are very over exaggerated this is because at the time it was the fashion in theatre to do this, the audience would find these movements amusing and made the story easier to follow. In Guys and Dolls the movements are much more naturalistic in this scene and this also helps to convey the period. An example of over exaggerating in She Stoops is that when she meets Marlow for the first time she would do a big curtsy, but over the top this would be amusing for the audience because they would be able to see that she was trying too hard to act like a maid. A similarity between them too is that they both use the whole stage this is because in She Stoops the large movements make the actors use more space and in Guys and Dolls the actors use a lot of space because Sarah is almost trying to get away from Sky. The status of the characters is different, in She Stoops Marlow thinks that he has the higher status but Miss Hardcastle actually does I would show this by Marlow sitting down for quite a lot of it, showing he has a lower level. In Guys and Dolls the status changes at the start Sarah has the highest status but when she says Isaiah the status changes and Sky then has the higher status. The set is different in both sections because of the different periods and the contexts. In She Stoops I would set it out as in a small area I would use a similar idea as what I saw in the production Othello were the walls fluctuated according to the mood of the play. I think that this should be a very small space this would show intimacy towards the two characters. The furniture should be set out as rich 18th century home e.g. a chez lounge chair in deep red and oak tables. In Guys and Dolls I would have this in a big space this would show the emptiness of the room and also reflect how far Sky and Sarah were away from each other in class. The design of the room would be that with 10 rows of chairs and 5 seats horizontally across the front. The use of Lighting would be very different this is because in She Stoops it is older so the light would be in sepia, or the light dimmed like it was candlelight, this would convey the period and show that it was old. In Guys and Dolls the lights would be bright at colourful to show that it was exciting and have a happy mood. The Music in Guys and Dolls is similar in the way that it tells a part of the story, in She Stoops when we acted out when the music came on we would do movement to what would be happening next. The emotional impact of She Stoops is that the audience find it very amusing and there is tension because the audience do not know weather Miss Hardcastle will pull it off. In Guys and Dolls the audience find it funny because Sky is so persistent and will not take no for an answer this is similar because for both the audiences reaction should be to find it funny. In Conclusion I think that they are very similar and different in lots of ways they both have similar ideas about a boy trying to get a girl, but the way in which the girls react is different. The way in which I would set out each of the sections would be completely different because of the time period and the intensity of the characters. Overall they both use different techniques to show that they are different e.g. making gestures big.

Free Canterbury Tales Essays: The Knight and the Wife of Bath :: Wife of Bath Essays

The Character of the Knight of the Wife of Bath  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   The knight from the "Wife of Bath's Tale" is not a very likable personality. His actions suggest he is just an abstract character, a receiver of the actions, who is used to give the tale's plot a meaning. Neither he nor other characters in the story are even mentioned by name. However, the traits of his character are very real and do exist in the real world. Brought together, they create an un-exciting personality of a man without a purpose in life. The knight is not very smart; he does not think about the consequences of his actions. Raping the girl is one example. In this act, he is guided only by his desires, without considering how right they are. But he doesn't think about the punishment either. The knight lives only for the present moment. Another example is the rash promise that he gives to the old hag. He agrees to do anything she wants in return for hearing the answer he is looking for. True, if he doesn't get an answer, he will lose his life. However, he doesn't think about the possibility that what the hag will want may turn out to be even worse, considering the fact that honor and personal integrity were valued more than life in those times. A thoughtful person, such as Sir Gawain from Morte Darthur, would have inquired more about the woman's wish, before making such an agreement. The knight is also an ungrateful person. The hag saves him from a certain death and then requests that he marry her. In light of the events, the knight should be grateful to escape death, but instead he views the marriage to his savior as another form of the same punishment. He agrees only because he is bound by the promise, and the chivalric code forces him to keep it. In addition, the knight's thoughts are easily influenced by other people. Apparently, he recognizes the fact that he is often wrong and listens to the opinions of others. But he adopts those opinions without thinking them through for himself. This happens when the old hag says she knows what women most want; the knight doesn't question that knowledge. However, by the time he meets the hag, he has listened to many other women who weren't very consistent in their suggestions.

An Analysis of the Kenyan Mobile Phone Market Essay

The stage is thus set for fierce competition among Mobile service providers in Kenya with possible positive benefits for the millions of mobile subscribers in the country. . 2 Technology According to Laudon(2006:292), â€Å"mobile phones enable millions of people to communicate and access the internet †¦. where conventional telephone and internet services are expensive or unavailable†. It is not surprising then that in a country such as Kenya with poor or little infrastructure in the form of fixed telephone lines, developed transport systems and computer facilities that a large percentage of the population has resorted to using mobile phones to communicate , do business and enhance their lives. According to Menguy, T (2007), in 1990, only 48. % of long distance calls and 53. 7% of domestic calls were being completed successfully using a fixed line. State owned fixed line operator Telkom Kenya has been regarded as a â€Å"low performer with no competition†. Laudon ( 2006:292) highlights that the global standard for cellular service is GSM (Global System for Mobile Communications) which is also currently being used by the Safaricom and Celtel networks. Using the GSM band users are able to retain the same number while being able to roam across national borders to nearby countries such as Uganda and Tanzania (BBC News as reported by Karobia, C,). Although the benefits and features of smart phones are widely known and used by the western world developing companies such as Kenya as still getting used to the idea of having a phone that does nearly everything for them. Safaricom is only introducing 3G and video calling including other value adding services to Kenyans next year (Arunga, J and Kahora, B (2007:12)) which undoubtedly will only enhance the lives of Kenyans. 1. 3 Foreign Trade Policy During the 1980’s until 1990’s, Kenya’s poor relations with donors resulted in heavy domestic borrowing and higher interest rates which resulted in poor economic growth. According to Wagacha, M, (2008:12) trade policies in Kenya underwent reformation in 1990 which resulted in greater trade openness (such as the CCK’s decision to issue more mobile phone licences to companies). The Trade Openness Index is an indication of the ability of country to trade and is calculated by adding imports and exports of company and representing it as a fraction of GDP. Wagacha, M (2008:12) highlights that the trade openness index for Kenya was an average of 46. 4% during 1997 to 2003 . The higher the trade openness the more open the country is to trade and the higher the growth. A country such as Uganda had an openness index of 26. 7 which indicates that Kenya has better trade policies and a better chance of growth as compared to Uganda. In addition to this Apoteker, T and Crozet, E (2003:7) argue that better trade openness results in †¢Ã¢â‚¬Å"Innovation and efficient production in a smaller number of goods [and allows Kenya]†¦. to compete internationally. Greater variety of goods available to consumers thus increasing the consumer Surplus and satisfying the consumers’ â€Å"demand of difference†. †¢[The] Adoption of sound policies to make sure the country is attractive to investors. †¢Capital flows can enhance domestic investment rates. From capital-rich to capital-poor countries, they can improve the rate of capi tal accumulation in the latter†. According to Arunga, J and Kahora, B (2007:7) prior to 1998 all telecommunications in Kenya was owned and controlled by the state owned company Kenya Posts and Telecommunications (KP&C). Wagacha, M (2008:16) highlights that more than 200 transnational corporations are operating in Kenya successfully, in many industries not limited just to the mobile phone sector. However trade reforms and governmental corruption have always influenced investment from foreign companies. Foreign Direct Investment (FDI) may be regarded as the commitment by developed countries to facilitate the access of new technologies, markets, products, process and skills and most importantly funds to the developing or emerging country to improve and strengthen the economic development of the developing country such as Kenya. In1999 the Kenyan government approved the new act proposed by the Communication Commission of Kenya(CCK) which made KP&C redundant with the intention of opening up the industry to invite competition from foreign and local service providers. The New Partnership for Africa’s Development (NEPAD) as cited by Van Vuuren, H (2002:1) also describes â€Å"private capital flows to Africa, as an essential component of a sustainable long-term approach to filling the resource gap†. However bribery and corruption in the Kenyan government and the government’s interference in the mobile phone industry is well known. In 2005 Econet Wireless paid US$ 15 m for phone network licence which according to Arunga, J and Kahora, B (2007:7) was illegally cancelled by the Kenyan Minister of Information and Communications. The same minister was also accused of illegally cancelling a tendering process for a second fixed line operator and is alleged to have a vested interest in monopolised Telkom Kenya. The Competition Commission of Kenya (CCk) which was formed in the first place to invite foreign and local investment in the mobile industry has since been dissolved due to governmental interference in a highly political industry. Today nearly 100’s of companies are still waiting for their licences to be issued which now rests with government which is trying to regulate the industry with a political agenda which is counter productive to stimulating sustainable long term growth to reduce poverty (Wagacha, 2008). 1. 4 Economy Table 1 below shows some key statistics on Kenya. According to the information presented in the table it can be seen that Kenya has an average population of 34. 7million people and 52% of the Kenyan population is below the poverty line. Table 1: Key Statistics for Kenya

Questions: International Trade Theory

Chapter 05 International Trade Theory True / False Questions 1. (p. 161) Propagated in the 16th and 17th centuries, mercantilism advocated that countries should discourage both imports and exports. FALSE AACSB: Analytic BT: Knowledge Difficulty: Easy Learning Objective: 5-1 Topic: An Overview of Trade Theory 2. (p. 161) Free trade refers to a situation where a government attempts to influence through quotas or duties what its citizens can buy from another country, or what they can produce and sell to another country. FALSE AACSB: Analytic BT: Knowledge Difficulty: Easy Learning Objective: 5-1 Topic: An Overview of Trade Theory 3. (p. 61) Proposed in 1776, David Ricardo's theory was the first to explain why unrestricted free trade is beneficial to a country. FALSE AACSB: Analytic BT: Knowledge Difficulty: Easy Learning Objective: 5-1 Topic: An Overview of Trade Theory 4. (p. 161) According to Adam Smith, the invisible hand of the market mechanism, rather than government policy, should determine what a country imports and what it exports. TRUE AACSB: Analytic BT: Knowledge Difficulty: Easy Learning Objective: 5-1 Topic: An Overview of Trade Theory 5. (p. 161) Nineteenth century English economist David Ricardo popularized a laissez-fair stance of government towards trade.FALSE AACSB: Analytic BT: Knowledge Difficulty: Easy Learning Objective: 5-1 Topic: An Overview of Trade Theory 6. (p. 162) The great strength of the theories of Smith, Ricardo, and Heckscher-Ohlin is that they identify the specific benefits of international trade. TRUE AACSB: Analytic BT: Knowledge Difficulty: Easy Learning Objective: 5-1 Topic: An Overview of Trade Theory 7. (p. 162) A country's economy would gain only if its citizens buy products that are made in that country. FALSE AACSB: Analytic BT: Knowledge Difficulty: Easy Learning Objective: 5-1 Topic: An Overview of Trade Theory 8. p. 163) During the 1980s, economist such as Paul Krugman developed what has come to be known as the new tr ade theory. TRUE AACSB: Analytic BT: Knowledge Difficulty: Easy Learning Objective: 5-1 Topic: An Overview of Trade Theory 9. (p. 164) The first theory of international trade emerged in England in the mid-16th century. Referred to as the theory of comparative advantage, its principle assertion was that gold and silver were the mainstays of national wealth and essential to vigorous commerce. FALSE AACSB: Analytic BT: Knowledge Difficulty: Easy Learning Objective: 5-2 Topic: Mercantilism 0. (p. 164) The main tenet of mercantilism was that it was in a country's best interests to maintain a trade surplus. TRUE AACSB: Analytic BT: Knowledge Difficulty: Easy Learning Objective: 5-2 Topic: Mercantilism 11. (p. 165) Zero-sum game refers to a situation in which an economic gain by one country results in an economic loss by another. TRUE AACSB: Analytic BT: Knowledge Difficulty: Easy Learning Objective: 5-2 Topic: Mercantilism 12. (p. 165) A positive-sum game refers to a situation in which ma jor industrial nations can benefit even if some of them are able to benefit more than others.FALSE AACSB: Analytic BT: Knowledge Difficulty: Easy Learning Objective: 5-2 Topic: Mercantilism 13. (p. 165) If a country is more efficient than any other country in the production of a product, it has what is known as definitive advantage in the production of that product. FALSE AACSB: Analytic BT: Knowledge Difficulty: Easy Learning Objective: 5-2 Topic: Absolute Advantage 14. (p. 165) In his 1776 landmark book, â€Å"The Wealth of Nations,† Adam Smith supported the mercantilist assumption that trade is a zero-sum game. FALSE AACSB: Analytic BT: Knowledge Difficulty: Easy Learning Objective: 5-2Topic: Absolute Advantage 15. (p. 165) According to Adam Smith, countries should specialize in the production of goods for which they have an absolute advantage and then trade these for goods produced by other countries. TRUE AACSB: Analytic BT: Knowledge Difficulty: Easy Learning Objective: 5-2 Topic: Absolute Advantage 16. (p. 167-168) Ricardo's theory of competitive advantage says that it is logical for a country to specialize in the production of goods that it produces most efficiently and to export goods that it produces less efficiently. FALSE AACSB: Analytic BT: KnowledgeDifficulty: Easy Learning Objective: 5-2 Topic: Mercantilism 17. (p. 170) The basic message of the theory of comparative advantage is that potential world production is greater with unrestricted free trade than it is with restricted trade. TRUE AACSB: Analytic BT: Knowledge Difficulty: Easy Learning Objective: 5-3 Topic: Comparative Advantage 18. (p. 170) Smith's theory suggests that consumers in all nations can consume more if there are no restrictions on trade. FALSE AACSB: Analytic BT: Knowledge Difficulty: Easy Learning Objective: 5-3 Topic: Comparative Advantage 19. (p. 70) Ricardo's theory is so powerful that it remains a major intellectual weapon for advocates of free trade. TRUE AACSB: A nalytic BT: Knowledge Difficulty: Easy Learning Objective: 5-3 Topic: Comparative Advantage 20. (p. 170-171) Nobel Prize-winning economist Paul Samuelson argued that contrary to the standard interpretation, in certain circumstances the theory of comparative advantage predicts that a rich country might actually be worse off by switching to a free trade regime with a poor country. TRUE AACSB: Reflective thinking BT: Knowledge Difficulty: Easy Learning Objective: 5-3Topic: Comparative Advantage 21. (p. 171) Embracing a free trade regime for an advanced economy often implies that the country will produce less of some labor-intensive goods and more of some knowledge-intensive goods, TRUE AACSB: Analytic BT: Knowledge Difficulty: Easy Learning Objective: 5-3 Topic: Comparative Advantage 22. (p. 172) The comparative advantage model assumed that trade does not change a country's stock of resources or the efficiency with which it utilizes those resources. TRUE AACSB: Analytic BT: Knowledge D ifficulty: Easy Learning Objective: 5-3 Topic: Comparative Advantage 23. (p. 74) A study over the 1950-1998 period revealed that countries that liberalized their trade regimes experienced, on average, increases in their annual growth rates of 15 percent compared to preliberalization times. FALSE AACSB: Analytic BT: Knowledge Difficulty: Easy Learning Objective: 5-3 Topic: Comparative Advantage 24. (p. 175) Despite the short-term adjustment costs associated with adopting a free trade regime, trade would seem to produce a greater economic growth and higher living standards in the long run, just as Ricardo's theory leads us to expect. TRUE AACSB: Analytic BT: Knowledge Difficulty: EasyLearning Objective: 5-3 Topic: Comparative Advantage 25. (p. 176) Factor endowments refer to the extent to which a country is endowed with such factors as land, labor, and capital. TRUE AACSB: Analytic BT: Knowledge Difficulty: Easy Learning Objective: 5-2 Topic: Heckscher-Ohlin Theory 26. (p. 176) The He ckscher-Ohlin theory would predict that the United States should be a primary importer of capital goods. FALSE AACSB: Analytic BT: Knowledge Difficulty: Easy Learning Objective: 5-2 Topic: Heckscher-Ohlin Theory 27. (p. 176) The Heckscher-Ohlin theory has been one of the least influential in international economics.FALSE AACSB: Analytic BT: Knowledge Difficulty: Easy Learning Objective: 5-2 Topic: Heckscher-Ohlin Theory 28. (p. 176) Most economists prefer the Heckscher-Ohlin theory to Ricardo's theory because it makes fewer simplifying assumptions and it has been subjected to many empirical tests. TRUE AACSB: Analytic BT: Knowledge Difficulty: Easy Learning Objective: 5-2 Topic: Heckscher-Ohlin Theory 29. (p. 177) Wassily Leontief's theory of the product life-cycle was based on the observation that for most of the 20th century, a very large proportion of the world's new products were developed by foreign nations and sold in he U. S. market. FALSE AACSB: Analytic BT: Knowledge Diffic ulty: Easy Learning Objective: 5-2 Topic: The Product Life-Cycle Theory 30. (p. 177) Vernon argued that early in the life cycle of a typical new product, while demand is starting to grow rapidly in the United States, demand in other advanced countries is available to all income groups. FALSE AACSB: Analytic BT: Knowledge Difficulty: Easy Learning Objective: 5-2 Topic: The Product Life-Cycle Theory 31. (p. 178) Historically, the product life-cycle theory seems not to be an accurate explanation of international trade patterns. FALSE AACSB: Analytic BT: KnowledgeDifficulty: Easy Learning Objective: 5-2 Topic: The Product Life-Cycle Theory 32. (p. 178) Viewed from an Asian or European perspective, Vernon's argument that most new products are developed and introduced in the United States is ethnocentric. TRUE AACSB: Analytic BT: Knowledge Difficulty: Easy Learning Objective: 5-2 Topic: The Product Life-Cycle Theory 33. (p. 180) The new trade theory began to emerge in the 1970s when a num ber of economists pointed out that the ability of firms to attain economies of scale might have important implications for international trade. TRUE AACSB: Analytic BT: Knowledge Difficulty: EasyLearning Objective: 5-2 Topic: New Trade Theory 34. (p. 180) In industries where economies of scale are important, both the variety of goods that a country can produce and the scale of production are limited by the size of the market. TRUE AACSB: Analytic BT: Knowledge Difficulty: Easy Learning Objective: 5-3 Topic: New Trade Theory 35. (p. 184) In sum, Porter's argument is that the degree to which a nation is likely to achieve international success in a certain industry is a function of the combined impact of factor endowments, domestic demand conditions, related and supporting industries, and lack of domestic rivalry.FALSE AACSB: Analytic BT: Knowledge Difficulty: Easy Learning Objective: 5-4 Topic: National Competitive Advantage: Porter's Diamond 36. (p. 185) According to Porter, advanced factors are the most significant for competitive advantage. TRUE AACSB: Analytic BT: Knowledge Difficulty: Easy Learning Objective: 5-2 Topic: National Competitive Advantage: Porter's Diamond 37. (p. 188) According to Michael Porter, factor endowments can be affected by subsidies, policies toward capital markets, and policies toward education. TRUE AACSB: Analytic BT: Knowledge Difficulty: Easy Learning Objective: 5-4Topic: National Competitive Advantage: Porter's Diamond 38. (p. 189) The individual firm should invest substantial financial resources in trying to build a first-mover, even if that means several years of losses before a new venture becomes profitable. TRUE AACSB: Analytic BT: Knowledge Difficulty: Easy Learning Objective: 5-5 Topic: Focus on Managerial Implications 39. (p. 189) Because of their pivotal role in international trade, businesses are at the mercy of government trade policy. FALSE AACSB: Analytic BT: Knowledge Difficulty: Easy Learning Objective: 5-5 Topic: Focus on Managerial Implications 40. (p. 90) According to Porter's theory of national competitive advantage, a firm should invest in upgrading advanced factors of production because it is in the best interest of business for a firm to do so. TRUE AACSB: Analytic BT: Knowledge Difficulty: Easy Learning Objective: 5-5 Topic: Focus on Managerial Implications Multiple Choice Questions 41. (p. 161) Which of the following is best identified by saying it is the absence of government-imposed barriers to the free flow of goods and services between countries? A. Free trade B. Mercantilism C. Socialism D. Market system AACSB: Analytic BT: Knowledge Difficulty: EasyLearning Objective: 5-1 Topic: An Overview of Trade Theory 42. (p. 161) _____ refers to a situation where a government does not attempt to influence through quotas or duties what its citizens can buy from another country or what they can produce and sell to another country. A. Mercantile trade B. Free trade C. Clear commerce D. Unen cumbered commerce AACSB: Analytic BT: Knowledge Difficulty: Easy Learning Objective: 5-1 Topic: An Overview of Trade Theory 43. (p. 161) David Ricardo advanced the: A. new trade theory. B. product life-cycle theory. C. comparative advantage theory. D. factor endowment theory. AACSB: AnalyticBT: Knowledge Difficulty: Easy Learning Objective: 5-1 Topic: An Overview of Trade Theory 44. (p. 161) The theory of comparative advantage, advanced by _____, is the intellectual basis of the modern argument for unrestricted free trade. A. Michael Porter B. David Ricardo C. Bertil Ohlin D. Adam Smith AACSB: Analytic BT: Knowledge Difficulty: Easy Learning Objective: 5-1 Topic: An Overview of Trade Theory 45. (p. 162) How do countries' economies gain from international trade? A. Country can specialize in the manufacturing of products that are produced most efficiently in other countries. B. Citizens should buy only those roducts that are produced domestically. C. Since it is of interest to domesti c producers, countries benefit from international trade. D. Countries can import products that can be produced more efficiently in other countries. AACSB: Analytic BT: Knowledge Difficulty: Medium Learning Objective: 5-1 Topic: An Overview of Trade Theory 46. (p. 162) With their future threatened by imports, _____ textile companies and their employees have tried hard to persuade the government to limit the importation of textiles by demanding quotas and tariffs. A. Chinese B. Indian C. Japanese D. U. S. AACSB: Analytic BT: KnowledgeDifficulty: Easy Learning Objective: 5-1 Topic: An Overview of Trade Theory 47. (p. 162-163) Climate and natural resource endowments explain why all of the following happen EXCEPT: A. Brazil exports coffee. B. Iceland exports oranges. C. China exports crawfish. D. Saudi Arabia exports oil. AACSB: Analytic BT: Knowledge Difficulty: Easy Learning Objective: 5-1 Topic: An Overview of Trade Theory 48. (p. 164) Propagated in the 16th and 17th centuries, _____ advocated that countries should simultaneously encourage exports and discourage imports. A. ethnocentrism B. capitalism C. collectivism D. mercantilismAACSB: Analytic BT: Knowledge Difficulty: Easy Learning Objective: 5-2 Topic: Mercantilism 49. (p. 164) Which of the following statements most accurately captures the main tenet of mercantilism? A. It is in a country's best interests to not export products to less developed countries. B. It is in a country's best interests to import products that are most efficiently produced at home. C. It is in a country's best interests to import less specialized goods than to attempt to make them at home. D. It is in a country's best interests to maintain a trade surplus, to export more than it imports. AACSB: Reflective thinkingBT: Comprehension Difficulty: Medium Learning Objective: 5-2 Topic: Mercantilism 50. (p. 164) Considered to be the first theory of international trade, _____ principal assertion was that gold and silver were the mainstays of national wealth and essential to vigorous commerce. A. collectivism's B. mercantilism's C. capitalism's D. economic conservatism's AACSB: Analytic BT: Knowledge Difficulty: Easy Learning Objective: 5-2 Topic: Mercantilism 51. (p. 164) Which of the following is NOT consistent with the central beliefs of mercantilism? A. Government should intervene to achieve a surplus in the balance of trade.B. Policies should be put in place to minimize exports and maximize imports. C. Imports should be limited by tariffs and quotas. D. Exports should be subsidized. AACSB: Analytic BT: Knowledge Difficulty: Medium Learning Objective: 5-2 Topic: Mercantilism 52. (p. 165) The flaw with mercantilism was that it viewed trade as a: A. zero-sum game. B. mutually beneficial activity. C. nonessential economic activity. D. threat to a government's independence. AACSB: Analytic BT: Knowledge Difficulty: Easy Learning Objective: 5-2 Topic: Mercantilism 53. (p. 165) A situation in which a gain by one party r esults in a loss by nother is called: A. economic independence. B. an unrestricted trade. C. a zero-sum game. D. trade surplus. AACSB: Analytic BT: Knowledge Difficulty: Easy Learning Objective: 5-2 Topic: Mercantilism 54. (p. 165) The theory of _____ was advanced by Adam Smith. A. absolute advantage B. comparative advantage C. new trade D. mercantilism AACSB: Analytic BT: Knowledge Difficulty: Easy Learning Objective: 5-2 Topic: Absolute Advantage 55. (p. 165) A country is noted as having a(n) _____ in the production of a product when it is more efficient than any other country in producing that product. A. comparative advantage B. onsumer advantage C. competitive advantage D. absolute advantage AACSB: Analytic BT: Knowledge Difficulty: Easy Learning Objective: 5-2 Topic: Absolute Advantage 56. (p. 165) According to Smith, countries should specialize in the production of goods for which they have an absolute advantage and then: A. retain these goods for strictly domestic sales. B. trade these goods for the goods produced by other countries. C. sell these goods to the highest domestic or international bidder. D. prohibit the import of these goods from other countries. AACSB: Reflective thinking BT: Comprehension Difficulty: Medium Learning Objective: 5-2Topic: Absolute Advantage 57. (p. 167) In his 1817 book entitled â€Å"The Principles of Political Economy,† _____ introduced the theory of comparative advantage. A. Adam Smith B. David Ricardo C. Raymond Vernon D. Max Weber AACSB: Analytic BT: Knowledge Difficulty: Easy Learning Objective: 5-2 Topic: Comparative Advantage 58. (p. 167-168) A situation in which a country specializes in producing the goods it produces most efficiently and buys the products it produces less efficiently from other countries, even if it could produce the good more efficiently itself is referred to as: A. comprehensive advantage. B. pertinent advantage.C. comparative advantage. D. absolute advantage. AACSB: Analytic BT: Knowle dge Difficulty: Easy Learning Objective: 5-2 Topic: Comparative Advantage 59. (p. 170) To an even greater degree than the theory of absolute advantage, the theory of _____ suggests that trade is a positive-sum game in which all gain. A. total advantage B. mercantilism C. comparative advantage D. paradoxical advantage AACSB: Analytic BT: Knowledge Difficulty: Easy Learning Objective: 5-3 Topic: Comparative Advantage 60. (p. 170) _____ theory suggests that consumers in all nations can consume more if there are no restrictions on trade.A. Porter's B. Vernon's C. Samuelson's D. Ricardo's AACSB: Analytic BT: Knowledge Difficulty: Easy Learning Objective: 5-3 Topic: Comparative Advantage 61. (p. 170) Comparative advantage is based on assuming away: A. the effects of trade on income distribution within a country. B. constant returns to scale. C. that the resources can move freely from the production of one good to another. D. that free trade does not change the efficiency with which the co untries use their resources. AACSB: Reflective thinking BT: Comprehension Difficulty: Medium Learning Objective: 5-3 Topic: Comparative Advantage 2. (p. 170-171) _____ argued that contrary to the standard interpretation, in certain circumstances the theory of comparative advantage predicts that a rich country might actually be worse off by switching to a free trade regime with a poor nation. A. Raymond Vernon B. Andrew Warner C. Paul Samuelson D. Jeffery Sachs AACSB: Analytic BT: Knowledge Difficulty: Easy Learning Objective: 5-3 Topic: Comparative Advantage 63. (p. 171) Which of the following is an issue with the ‘constant returns to specialization' assumption? A. Constant returns to specialization imply a concave PPF. B.Constant returns to specialization suggest that the gains from specialization are likely to be exhausted before specialization is complete. C. It is feasible for a country to specialize to a point where the resulting gains from trade are outweighed by diminis hing returns. D. Resources are of different quality and hence more units are required to produce each additional unit. AACSB: Reflective thinking BT: Comprehension Difficulty: Medium Learning Objective: 5-3 Topic: Comparative Advantage 64. (p. 171) In comparative advantage, the assumption is that resources can move freely from production of one good to another.Why is this assumption unrealistic? A. The process of shifting resources from one good to another eliminates human suffering. B. The benefit of free trade is much lesser compared to the cost of shifting resources. C. The process of moving resources causes friction and human suffering. D. Resources move easily from one economic activity to the other. AACSB: Reflective thinking BT: Comprehension Difficulty: Medium Learning Objective: 5-3 Topic: Comparative Advantage 65. (p. 171) The gains from trade once the transition toward free trade has been made: A. eliminates human suffering. B. auses resources to easily shift between econ omic activities. C. is lesser than the cost of shifting resources. D. are both significant and enduring. AACSB: Reflective thinking BT: Comprehension Difficulty: Medium Learning Objective: 5-3 Topic: Comparative Advantage 66. (p. 173) What would be the consequences of dynamic gains in both the stock of a country's resources and the efficiency with which resources are utilized? A. It will cause the country's PPF to be in a bell-shaped curve. B. The country can produce more goods than it did before free trade. C. Dynamic gains would lead to an outcome that is beneficial under all circumstances.D. The country will achieve constant returns to specialization. AACSB: Reflective thinking BT: Comprehension Difficulty: Medium Learning Objective: 5-3 Topic: Comparative Advantage 67. (p. 173) What was Samuelson's criticism of free trade? A. He argued that in some circumstances, dynamic gains can lead to an outcome that is beneficial for the country. B. He argued that offshoring service jobs th at were traditionally mobile will increase the market clearing wage rate. C. He favored introducing protectionist measures to guard against the theoretical harmful effects of free trade. D.He argued that being able to purchase groceries 20 percent cheaper at Wal-Mart does not necessarily make up for the wage losses. AACSB: Reflective thinking BT: Comprehension Difficulty: Medium Learning Objective: 5-3 Topic: Comparative Advantage 68. (p. 174) _____ and _____ created a measure of how open to international trade an economy was and then looked at the relationship between openness and economic growth for a sample of more than 100 countries from 1970 to 1990. A. Ricardo; Smith B. Warner; Sachs C. Porter; Vernon D. Samuelson; Ohlin AACSB: Analytic BT: Knowledge Difficulty: EasyLearning Objective: 5-3 Topic: Comparative Advantage 69. (p. 176) According to the Heckscher-Ohlin theory, the pattern of international trade is determined by differences in: A. productivity. B. political interests . C. factor endowments. D. national priorities. AACSB: Analytic BT: Knowledge Difficulty: Easy Learning Objective: 5-2 Topic: Heckscher-Ohlin Theory 70. (p. 176) The Heckscher-Ohlin theory: A. argued that comparative advantage arises from differences in national factor endowments. B. argues that differences in labor productivity between nations underlie the notion of comparative advantage. C. redicts that countries will import goods that make intensive use of factors that are locally abundant. D. is less favored than Ricardo's theory because it makes many simplifying assumptions. AACSB: Reflective thinking BT: Comprehension Difficulty: Medium Learning Objective: 5-2 Topic: Heckscher-Ohlin Theory 71. (p. 176) Which theory predicts that countries will export those goods that make intensive use of those factors that are locally abundant, while importing goods that make intensive use of factors that are locally scarce? A. Smith-Ricardo B. Vernon-Samuelson C. Heckscher-Ohlin D. Carrier-R oller AACSB: AnalyticBT: Knowledge Difficulty: Easy Learning Objective: 5-2 Topic: Heckscher-Ohlin Theory 72. (p. 176) Which of the following statements is a fair comparison of the Heckscher-Ohlin theory and the Ricardo theory of free trade? A. Both theories argue that the pattern of international trade is determined by currency exchange rates. B. Unlike Ricardo's theory, the Heckscher-Ohlin theory argues that the pattern of international trade is determined by differences in factor endowments, rather than differences in productivity. C. Both theories argue that the pattern of international trade is determined by constant returns to specialization.D. Unlike the Heckscher-Ohlin theory, Ricardo's theory makes fewer simplifying assumptions. AACSB: Reflective thinking BT: Comprehension Difficulty: Medium Learning Objective: 5-2 Topic: Heckscher-Ohlin Theory 73. (p. 176) According to the text, most economists prefer the Heckscher-Ohlin theory to Ricardo's theory because: A. it makes fewe r simplifying assumptions. B. it predicts trade patterns with greater accuracy. C. Ricardo's theory is less accurate due to the Leontief paradox. D. many of the empirical tests have raised questions about the validity of Ricardo's theory. AACSB: Reflective thinking BT: ComprehensionDifficulty: Medium Learning Objective: 5-2 Topic: Heckscher-Ohlin Theory 74. (p. 176) The Heckscher-Ohlin theory has a(n) _____ appeal. A. political B. commonsense C. economic D. cost efficiency AACSB: Analytic BT: Knowledge Difficulty: Easy Learning Objective: 5-2 Topic: Heckscher-Ohlin Theory 75. (p. 176) Contrary to what the Heckscher-Ohlin theory would predict, the United States has been a primary importer rather than an exporter of capital goods. This phenomenon is referred to as the _____ paradox. A. Theler B. Leontief C. Cormier D. Ricardo AACSB: Analytic BT: Knowledge Difficulty: Easy Learning Objective: 5-2Topic: Heckscher-Ohlin Theory 76. (p. 176) What is a possible explanation for observing the Leontief paradox? A. The U. S. imports goods that heavily use skilled labor and innovative entrepreneurship. B. The U. S. has a special advantage in producing new products made with innovative technologies. C. The U. S. exports heavy manufacturing products that use large amounts of capital. D. The U. S. has a strong absolute advantage over all other foreign nations because of its resource capabilities. AACSB: Reflective thinking BT: Comprehension Difficulty: Medium Learning Objective: 5-2 Topic: Heckscher-Ohlin Theory 77. (p. 76) Of the following, whose theory predicted that countries would export goods that make intensive use of factors that are locally abundant while importing goods that make intensive use of factors that are locally scarce? A. Ricardo B. Porter C. Leontief D. Heckscher-Ohlin AACSB: Analytic BT: Knowledge Difficulty: Easy Learning Objective: 5-2 Topic: Heckscher-Ohlin Theory 78. (p. 176) The _____ occurred due to the findings that U. S. exports were less capital- intensive than U. S. imports. A. theory of rising costs B. Leontief paradox C. theory of comparative advantage D. diminishing returns to specialization AACSB: AnalyticBT: Knowledge Difficulty: Easy Learning Objective: 5-2 Topic: Heckscher-Ohlin Theory 79. (p. 177) David Ricardo's theory of comparative advantage attempts to rationalize why some countries export automobiles, consumer electronics, and machine tools, while other countries export chemicals, watches, and jewelry. This rationalization is best explained in terms of: A. absolute advantage in terms of resources. B. international differences in labor productivity. C. the proportions in which the factors of production are available. D. the cultural histories of the exporting nations. AACSB: Reflective thinking BT: ComprehensionDifficulty: Medium Learning Objective: 5-2 Topic: Heckscher-Ohlin Theory 80. (p. 177) Raymond Vernon proposed the product life cycle in the mid-1960s. Vernon argued that two factors gave the U. S. firms a strong incentive to develop new consumer products. These two factors were _____ and: A. low cost; number of industries. B. market size; types of competitors. C. wealth; size of the U. S. market. D. low income groups; low cost of U. S. labor. AACSB: Analytic BT: Knowledge Difficulty: Easy Learning Objective: 5-2 Topic: The Product Life-Cycle Theory 81. (p. 177) Vernon's product life-cycle theory was based on the observation hat for most of the 20th century, a very large proportion of the world's new products had been developed by U. S. firms and sold first in the _____ market. A. Japanese B. Western European C. U. S. D. Canadian AACSB: Analytic BT: Knowledge Difficulty: Easy Learning Objective: 5-2 Topic: The Product Life-Cycle Theory 82. (p. 177) Vernon argues that early in the life cycle of a typical new product, while demand is starting to grow rapidly in the United States, demand in other advanced countries: A. remains limited to high income groups. B. necessitates imports to th e U. S. C. attracts manufacturing possibilities.D. limits exports from U. S. AACSB: Analytic BT: Knowledge Difficulty: Easy Learning Objective: 5-2 Topic: The Product Life-Cycle Theory 83. (p. 178) As the market in the U. S. and other advanced nations matures, the product becomes more standardized and price becomes: A. governmentally regulated. B. greater. C. unimportant. D. the main competitive weapon. AACSB: Analytic BT: Knowledge Difficulty: Medium Learning Objective: 5-2 Topic: The Product Life-Cycle Theory 84. (p. 178) Which of the following has historically been noted as being an accurate explanation for international trade patterns?A. Product life-cycle theory B. Absolute advantage theory C. Competitive advantage theory D. Heckscher-Ohlin theory AACSB: Analytic BT: Knowledge Difficulty: Easy Learning Objective: 5-2 Topic: The Product Life-Cycle Theory 85. (p. 178) According to the text, historically the product-life-cycle theory is a(n): A. relevant theory in the modern world . B. accurate explanation of international trade patterns. C. example of culturally relative theories. D. without any weakness. AACSB: Analytic BT: Knowledge Difficulty: Easy Learning Objective: 5-2 Topic: The Product Life-Cycle Theory 86. (p. 78) Which of the following theories might better explain why certain components are produced in certain locations and why the final product is assembled elsewhere? A. New trade B. Comparative advantage C. Heckscher-Ohlin D. Product life-cycle AACSB: Analytic BT: Knowledge Difficulty: Easy Learning Objective: 5-2 Topic: The Product Life-Cycle Theory 87. (p. 180) The _____ theory began to emerge in the 1970s when some economists pointed out the ability of firms to attain economies of scale might have important implications for international trade. A. balanced trade B. Heckscher-Ohlin C. new trade D. product life-cycleAACSB: Analytic BT: Knowledge Difficulty: Easy Learning Objective: 5-2 Topic: New Trade Theory 88. (p. 180) _____ are unit cost re ductions associated with a large scale of output. A. Comparative advantages B. Factor endowments C. Economies of scale D. Diminishing returns AACSB: Analytic BT: Knowledge Difficulty: Easy Learning Objective: 5-2 Topic: New Trade Theory 89. (p. 180) Because of substantial economies of scale, the _____ theory argues that trade can increase the variety of goods available to consumers. A. comparative advantage B. product life-cycle C. new trade D. Heckscher-Ohlin AACSB: Analytic BT: KnowledgeDifficulty: Easy Learning Objective: 5-2 Topic: New Trade Theory 90. (p. 180) Which of the following theories argues that due to the presence of substantial scale economies, world demand will support only a few firms in many industries? A. Heckscher-Ohlin B. Leontief's paradox C. Product life-cycle D. New trade AACSB: Analytic BT: Knowledge Difficulty: Easy Learning Objective: 5-2 Topic: New Trade Theory 91. (p. 180) The new trade theory points out that through its impact on economies of scale, tra de can increase the variety of goods available to consumers and: A. reduce the volume of the goods produced. B. eliminate competition.C. lower the costs of the goods. D. reduce the quality of the goods produced. AACSB: Analytic BT: Knowledge Difficulty: Easy Learning Objective: 5-3 Topic: New Trade Theory 92. (p. 180) If a national market is small, there may not be enough demand to enable producers to realize _____ for certain products. A. high volumes B. economies of scale C. low unit costs D. competitive pricing AACSB: Analytic BT: Comprehension Difficulty: Medium Learning Objective: 5-3 Topic: New Trade Theory 93. (p. 181) Which of the following is NOT an indicator of why trade is considered to be mutually beneficial to those involved in it?A. It allows for specialization. B. It allows for production of products at higher prices. C. It affords realization of scale economies. D. It affords production of a larger variety of products. AACSB: Reflective thinking BT: Comprehension Dif ficulty: Medium Learning Objective: 5-3 Topic: New Trade Theory 94. (p. 181) The economic and strategic advantages that accrue to early entrants in an industry are called: A. first-mover advantages. B. comparative advantages. C. factor endowment advantages. D. first-stage benefits. AACSB: Analytic BT: Knowledge Difficulty: Easy Learning Objective: 5-3Topic: New Trade Theory 95. (p. 181) What of the following is an advantage that first-movers enjoy? A. Benefit from a high cost structure. B. A zero-sum game due to lack of competition. C. Capture scale economies ahead of later entrants. D. Increase trade barriers. AACSB: Reflective thinking BT: Comprehension Difficulty: Medium Learning Objective: 5-3 Topic: New Trade Theory 96. (p. 181) According to the new trade theory, firms that establish a(n) _____ advantage with regard to the production of a particular new product may subsequently dominate global trade in that product. A. omparative B. late entrant C. first-mover D. constant retur n AACSB: Analytic BT: Knowledge Difficulty: Easy Learning Objective: 5-3 Topic: New Trade Theory 97. (p. 182) The new trade theory is at variance with the _____ theory, which suggests that a country will predominate in the export of a product when it is particularly well endowed with those factors used intensively in its manufacture. A. Heckscher-Ohlin B. product life-cycle C. comparative advantage D. Ricardo-Smith AACSB: Analytic BT: Knowledge Difficulty: Easy Learning Objective: 5-3 Topic: New Trade Theory 98. (p. 83) In terms of first-mover advantages and international trade, who conducted a study suggestive of the existence of first-mover advantages as an important factor in explaining the dominance of firms from certain nations in specific industries? A. Alfred Chandler B. Michael Porter C. Adam Smith D. Hawker Siddley AACSB: Analytic BT: Knowledge Difficulty: Easy Learning Objective: 5-4 Topic: New Trade Theory 99. (p. 183) Considered by some to be the most contentious implica tion of the new trade theory is that it generates an argument for _____ and ______. A. high cost production; high import tariffs. B. igh volume production; low variety of goods. C. weak export; entrepreneurship. D. government intervention; strategic trade policy. AACSB: Analytic BT: Knowledge Difficulty: Easy Learning Objective: 5-4 Topic: New Trade Theory 100. (p. 183) The theory of _____, developed by Michael Porter, focuses on determining why some nations succeed and others fail in international competition. A. new trade B. absolute advantage C. comparative advantage D. national competitive advantage AACSB: Analytic BT: Knowledge Difficulty: Easy Learning Objective: 5-2 Topic: National Competitive Advantage: Porter's Diamond 01. (p. 183) What was the essential task of Michael Porter's national competitive advantage? A. How do nations use their resources efficiently? B. Why does a nation achieve international success in a particular industry? C. How do countries gain first-mover a dvantages? D. Why has a large proportion of the world's new products been developed by U. S. firms and sold first in the U. S. market? AACSB: Reflective thinking BT: Comprehension Difficulty: Medium Learning Objective: 5-2 Topic: National Competitive Advantage: Porter's Diamond 102. (p. 184) Porter's suggested four attributes making up the diamond† consist of factor endowments, relating and supporting industries, firm strategy and structure, and: A. competitive advantage. B. mercantilism. C. constant returns to specialization. D. demand conditions. AACSB: Analytic BT: Knowledge Difficulty: Easy Learning Objective: 5-2 Topic: National Competitive Advantage: Porter's Diamond 103. (p. 184) Which of the following indicate the presence or absence of supplier industries and related industries that are internationally competitive? A. Factor endowments B. Firm's structure and rivalry C. Relating and supporting industriesD. Demand conditions AACSB: Analytic BT: Knowledge Difficulty: Ea sy Learning Objective: 5-2 Topic: National Competitive Advantage: Porter's Diamond 104. (p. 184) According to Porter's diamond, a nation's position in factors of production such as skilled labor or the infrastructure necessary to compete in a given industry is best referred to as: A. capitalization. B. diminishing returns. C. factor endowments. D. relating industries. AACSB: Analytic BT: Knowledge Difficulty: Easy Learning Objective: 5-2 Topic: National Competitive Advantage: Porter's Diamond 105. (p. 84) Porter's thesis was that four broad attributes of a nation shape the environment in which local firms compete, and that these attributes promote or impede the creation of competitive advantage. All of the following are attributes EXCEPT: A. factor endowments. B. first-mover advantages. C. firm strategy, structure, and rivalry. D. relating and supporting industries. AACSB: Analytic BT: Knowledge Difficulty: Easy Learning Objective: 5-2 Topic: National Competitive Advantage: Porter's Diamond 106. (p. 184) Porter maintains that two additional variables can influence the national diamond in important ways.These two variables are _____ and ______. A. entrepreneurship, strategic trade policies. B. trade shortage, high import tariffs. C. absolute advantage; PPF. D. chance; government. AACSB: Analytic BT: Knowledge Difficulty: Easy Learning Objective: 5-2 Topic: National Competitive Advantage: Porter's Diamond 107. (p. 185) In the context of factor endowments, which of the following are considered to be classed as advanced factors? A. Demographics B. Climate and location C. Natural resources D. Skilled labor AACSB: Analytic BT: Knowledge Difficulty: Easy Learning Objective: 5-2 Topic: National Competitive Advantage: Porter's Diamond 08. (p. 185) Porter argued that in terms of factor endowments, _____ factors are the most significant for competitive advantage in his study dealing with the competitive advantage of nations. A. constant B. basic C. advanced D. complement ary AACSB: Analytic BT: Knowledge Difficulty: Easy Learning Objective: 5-2 Topic: National Competitive Advantage: Porter's Diamond 109. (p. 185) Porter argues that a nation's firms gain competitive advantage if their domestic consumers are _____ and _______. A. sophisticated; demanding. B. ethnocentric; rich. C. accommodating; uneducated. D. low skilled; nationalist. AACSB: AnalyticBT: Knowledge Difficulty: Easy Learning Objective: 5-2 Topic: National Competitive Advantage: Porter's Diamond 110. (p. 185) Michael Porter emphasizes the role home demand plays in upgrading: A. competitive advantage. B. factor endowment. C. constant returns to specialization. D. production possibility frontier. AACSB: Analytic BT: Knowledge Difficulty: Easy Learning Objective: 5-2 Topic: National Competitive Advantage: Porter's Diamond 111. (p. 185) Unlike the naturally endowed basic factors, advanced factors are a product of investment by all of the following EXCEPT: A. companies. B. governments. C. dem ographics.D. individuals. AACSB: Analytic BT: Knowledge Difficulty: Easy Learning Objective: 5-2 Topic: National Competitive Advantage: Porter's Diamond 112. (p. 187) In Porter's model of competitive advantage, the fourth broad attribute is the strategy, structure, and rivalry of firms within a nation. Porter suggested that there is a strong association between _____ and the creation and persistence of competitive advantage in an industry. A. inflation B. vigorous domestic rivalry C. new government regulations and higher taxes D. new product development AACSB: Analytic BT: Knowledge Difficulty: Easy Learning Objective: 5-2Topic: National Competitive Advantage: Porter's Diamond 113. (p. 187) Who argued that successful industries within a country tend to be grouped into â€Å"clusters† of related industries? A. Porter B. Vernon C. Ricardo D. Heckscher AACSB: Analytic BT: Knowledge Difficulty: Easy Learning Objective: 5-2 Topic: National Competitive Advantage: Porter's Diamond 1 14. (p. 187-188) Porter argues that the presence of all components is usually required for the â€Å"diamond† to boost: A. international recognition. B. competitive performance. C. corporate social responsibility. D. employee morale. AACSB: Analytic BT: KnowledgeDifficulty: Easy Learning Objective: 5-4 Topic: National Competitive Advantage: Porter's Diamond 115. (p. 188) We would expect Porter's model to predict _____, if he is correct. A. currency exchange rates B. membership in the WTO C. the pattern of international trade D. factor endowments AACSB: Analytic BT: Knowledge Difficulty: Easy Learning Objective: 5-4 Topic: National Competitive Advantage: Porter's Diamond 116. (p. 189) According to the new trade theory, firms that establish a(n) _____ advantage in terms of the production of a particular new product may subsequently dominate global trade in that product.A. competitive B. comparative C. absolute D. first-mover AACSB: Analytic BT: Knowledge Difficulty: Easy Learni ng Objective: 5-5 Topic: Focus on Managerial Implications 117. (p. 189) The manufacture of standard electronic components is a _____ process requiring semi-skilled labor. A. low cost B. capital-intensive C. labor-intensive D. first-mover advantage AACSB: Analytic BT: Knowledge Difficulty: Easy Learning Objective: 5-5 Topic: Focus on Managerial Implications 118. (p. 189) Because of their pivotal role in international trade, _____ can exert a strong influence on government trade policies.A. individual citizens B. voluntary organizations C. unions D. businesses AACSB: Analytic BT: Knowledge Difficulty: Easy Learning Objective: 5-5 Topic: Focus on Managerial Implications 119. (p. 190) Porter's theory of national competitive advantage suggests that it is in the best interest of business for a firm to invest in upgrading advanced factors of production. The means for accomplishing this include all of the following EXCEPT: A. increase research and development activities. B. provide better t raining for employees. C. adopt policies that eliminate competition.D. develop methods to improve the skill levels of workers. AACSB: Reflective thinking BT: Comprehension Difficulty: Medium Learning Objective: 5-5 Topic: Focus on Managerial Implications 120. (p. 190) According to Porter's theory, governments should be urged to _____ that will have a favorable impact on each component of the national diamond. A. increase trade barriers B. favor unionization C. adopt policies D. restrict import AACSB: Analytic BT: Comprehension Difficulty: Medium Learning Objective: 5-5 Topic: Focus on Managerial Implications Essay Questions 121. p. 161, 164) What is meant by the term â€Å"free trade†? Was Adam Smith an advocate or critic of free trade? Is free trade compatible with the concept of mercantilism? Free trade refers to a situation where a government does not attempt to influence through quotas or duties what its citizens can buy from another country or what they can produce and s ell to another country. This concept was supported by Adam Smith, who argued that the â€Å"invisible hand† of the market mechanism, rather than government policy, should determine what a country imports and what it exports.The concept of mercantilism is not compatible with the concept of free trade. The main tenet of mercantilism is that it is in a country's best interests to maintain a trade surplus by exporting more than it imports. Consistent with this belief, the mercantilist doctrine advocated government intervention to achieve a surplus in the balance of trade. AACSB: Reflective thinking BT: Comprehension Difficulty: Medium Learning Objective: 5-1 Learning Objective: 5-2 Topic: An Overview of Trade Theory, Mercantilism 122. (p. 161) When does free trade occur?Free trade occurs when a government does not attempt to influence through quotas or duties what its citizens can buy from another country or what they can produce and sell to another country. AACSB: Reflective thi nking BT: Comprehension Difficulty: Easy Learning Objective: 5-1 Topic: An Overview of Trade Theory 123. (p. 165) Describe Adam Smith's concept of absolute advantage. According to Smith, countries should specialize in the production of goods for which they have an absolute advantage and then trade those goods for the goods produced by other countries.For instance, during Smith's time, England had an absolute advantage in the production of textiles, and France had an absolute advantage in the production of wine. According to the concept of absolute advantage, it then only makes sense for England to produce textiles (and export them to France), and France to produce wine (and export it to England). Smith's basic argument, therefore, was that a country should never produce goods at home that it can buy at a lower cost from other countries.Moreover, Smith argued that by specializing in the production of goods in which each has an absolute advantage, both countries benefit by engaging in trade. AACSB: Reflective thinking BT: Comprehension Difficulty: Medium Learning Objective: 5-2 Topic: Absolute Advantage 124. (p. 176) Describe the Heckscher-Ohlin theory of international trade. The Heckscher-Ohlin theory predicts that countries will export those goods that make intensive use of those factors that are locally abundant, while importing goods that make intensive use of factors that are locally scarce.Thus, the Heckscher-Ohlin theory attempts to explain the pattern of international trade that we see in the world economy. The Heckscher-Ohlin theory is consistent with the notion of free trade. It also has commonsense appeal, and there are many examples of international commerce that are supportive of the theory. AACSB: Reflective thinking BT: Comprehension Difficulty: Medium Learning Objective: 5-2 Topic: Heckscher-Ohlin Theory 125. (p. 177) Describe the central tenant of the product life-cycle theory. Raymond Vernon initially proposed the product life-cycle theory in t he mid-1960s.Vernon's theory was based on the observation that for most of the 20th century a very large proportion of the world's new products had been developed by U. S. firms and sold first in the U. S. market. It could be produced abroad at some low-cost location and then exported back into the United States. Vernon went on to argue that early in the life cycle of a typical new product, while demand is starting to grow rapidly in the United States, demand in other advanced countries is limited to high-income groups.The limited initial demand in other advanced countries does not make it worthwhile for firms in those countries to start producing the new product, but it does necessitate some exports from the United States to those countries. Over time, demand for the new product grows in other advanced countries (e. g. , Great Britain, France, Germany, and Japan). As it does, it becomes worthwhile for foreign producers to begin producing for their home markets. AACSB: Reflective th inking BT: Comprehension Difficulty: Medium Learning Objective: 5-2 Topic: The Product Life-Cycle Theory 126. (p. 80, 182) Describe the new trade theory. How does the new trade theory help us understand why the United States is dominant in the world market for commercial aircraft exports? New trade theory makes two important points: First, through its impact on economies of scale, trade can increase the variety of goods available to consumers and decrease the average costs of those goods. Second, in those industries when the output required to attain economies of scale represents a significant proportion of total world demand, the global market may be able to support only a small number of enterprises.Thus, world trade in certain products may be dominated by countries whose firms were first movers in their production. In such industries, firms that enter the market first build a competitive advantage that is difficult to challenge. Thus, the observed pattern of trade between nations may in part be due to the ability of firms to capture first-mover advantages. New trade theorists argue that the United States is a major exporter of commercial jet aircraft not because it is better endowed with the factors of production required to manufacture aircraft, but because one of the first movers in the industry, Boeing, was a U. S. firm.This dominance is further reinforced because global demand may not be sufficient to profitably support another producer of midsized and large jet aircraft in the industry. AACSB: Reflective thinking BT: Comprehension Difficulty: Medium Learning Objective: 5-2 Learning Objective: 5-3 Topic: New Trade Theory 127. (p. 181) Describe what is meant by first-mover advantages. First-mover advantages are the economic and strategic advantages that accrue to early entrants into an industry. The ability to capture scale economies ahead of later entrants, and thus benefit from a lower cost structure, is an important first-mover advantage.New trade the ory argues that for those products where economies of scale are significant and represent a substantial proportion of world demand, the first movers in an industry can gain a scale-based cost advantage that later entrants find almost impossible to match. AACSB: Reflective thinking BT: Comprehension Difficulty: Medium Learning Objective: 5-3 Topic: New Trade Theory 128. (p. 184) Identify and describe the four attributes advanced by Porter. What did Porter conclude from his analysis? The four attributes identified by Porter are as follows:Factor Endowments: A nation's position in factors of production such as skilled labor or the infrastructure necessary to compete in a given industry. Demand Conditions: The nature of home demand for the industry's product or service. Relating and Supporting Industries: The presence or absence in a nation of supplier industries and related industries that are internationally competitive. Firm Strategy, Structure, and Rivalry: The conditions in the nat ion governing how companies are created, organized, and managed and the nature of domestic rivalry.Porter speaks of these four attributes as constituting the diamond. He argues that firms are most likely to succeed in industries or industry segments where the diamond is most favorable. AACSB: Reflective thinking BT: Comprehension Difficulty: Medium Learning Objective: 5-2 Topic: National Competitive Advantage: Porter's Diamond 129. (p. 188) How does Porter's theory predict patterns in international trade? If Porter is correct, we would expect his model to predict the pattern of international trade that we observe in the real world.Countries should be exporting products from those industries where all four components of the diamond are favorable, while importing in those areas where the components are not favorable. Is he correct? We simply do not know. Porter's theory has not been subjected to detailed empirical testing. Much about the theory rings true, but the same can be said for the new trade theory, the theory of comparative advantage, and the Heckscher-Ohlin theory. It may be that each of these theories, which complement each other, explains something about the pattern of international trade.AACSB: Reflective thinking BT: Comprehension Difficulty: Medium Learning Objective: 5-4 Topic: National Competitive Advantage: Porter's Diamond 130. (p. 190) What does Porter's theory mention about policy implications? Porter's theory of national competitive advantage also contains policy implications. Porter's theory suggests that it is in the best interest of business for a firm to invest in upgrading advanced factors of production; for example, to invest in better training for its employees and to increase its commitment to research and development.It is also in the best interests of business to lobby the government to adopt policies that have a favorable impact on each component of the national diamond. Thus, according to Porter, businesses should urge government to increase investment in education, infrastructure, and basic research and to adopt policies that promote strong competition within domestic markets. AACSB: Reflective thinking BT: Comprehension Difficulty: Medium Learning Objective: 5-5 Topic: Focus on Managerial Implications

Polyamory

Polyamory Polyamory Polyamory By Maeve Maddox I learn a great many new words as I cruise the Web collecting examples of usage for my posts. This week I learned polyamory: polyamory: the fact of having simultaneous close emotional relationships with two or more other individuals, viewed as an alternative to monogamy, especially in regard to matters of sexual fidelity; the custom or practice of engaging in multiple sexual relationships with the knowledge and consent of all partners concerned. The adjective is polyamorous. An article in The Atlantic describes the living conditions of three people who practice polyamory: All three live there together, but they aren’t roommates- they’re lovers. Or rather, Jonica and Michael are. And Sarah and Michael are. And so are Sarah and whomever she happens to bring home some weekends. And Michael and whomever he might be courting. They’re polyamorous. According to the Atlantic article, Polyamorous people still face plenty of stigmas, but some studies suggest they handle certain relationship challenges better than monogamous people do. This new demographic has already acquired a shortened form in headlines: Poly demographic survey in the  UK What Do Polys Want?: An Overview of the 2012 Loving More Survey Academic papers are being written on the polyamorous life style: Not Monogamous? Not a Problem: A Quantitative Analysis of the Prevalence of Polyamory    The words polyamory and polyamorous show up on the Ngram Viewer in the 1980s, rising precipitately in the 1990s. Here are some more familiar terms used to describe various types of sexual relationship that differ from monogamy: polyandry polygamy bigamy extramarital sex adultery infidelity cuckoldry fornication Want to improve your English in five minutes a day? Get a subscription and start receiving our writing tips and exercises daily! Keep learning! Browse the Vocabulary category, check our popular posts, or choose a related post below:20 Words with More Than One SpellingPeople versus PersonsCharles's Pen and Jesus' Name

The Best IB Chemistry Books, Reviewed

The Best IB Chemistry Books, Reviewed SAT / ACT Prep Online Guides and Tips To get an A in IB Chemistry SL/HL and a 7 on the exam, you need to be using the best study materials for your learning style. In this article, I will review some IB Chemistry SL/HL books to help you narrow your search. Note: I'm only including IB Chemistry Books from 2012 or newer. I don't recommend studying with older books as they most likely do not correspond to the most recent IB Chemistry syllabus. Who Should Use This Article? This post is for IB Chemistry students who are want to do well in the classroom and on the IB Chemistry SL/HL exam. If you're looking for a book that will help you cram for a few days before the IB exam, any of the books we mention below will work for you. But if you're looking to ace the test, it's best to choose a book that will help supplement what you learn in class. If that's your goal, you should pick the book carefully. Make sure you're picking a study book that fits your unique needs! Top IB Chemistry SL/HL Books I’ve split the best IB Chemistry books into a few categories to help you make your decision: Best Textbook: This text is our overall winner. It's the best book to help you learn throughout the school year, no matter your strengths or weaknesses. Best Study Resource for Quick Learning During the School Year:This is our top recommendation for all students to master topics quickly. Best Study Guide for Mid-Scoring Students:This text provides more in-depth explanations for those who need a little more help understanding the material. Best Value Study Guide:This book will give you the most bang for your (limited) buck. Book to Avoid:This book lacks all of the material you need to succeed. Best IB Chemistry Textbook IB Chemistry Course Book: 2014 Edition: Oxford IB Diploma Program Price on Amazon: about $58 Description: This is the go-to textbook for IB Chemistry SL/HL. The Oxford University Press is the only publisher coordinating directly with the IBO to create their books, which means they better comprehend what the IBO wants you to learn and what they will expect you to know for the IB exam. They're also able to create the most realistic practice IB Chemistry problems. Pros: Developed directly with input from the IBO High-quality explanations Realistic practice questions Organized logically, with practice integrated throughout Cons: This textbook is thorough in its coverage of the syllabus, but it won't help you find the best study method for your learning style. It The best way for you to study for IB Chemistry may not be cover to cover! Unfortunately, this book doesn't give clear guidance on how best to customize its content for your needs Does not contain study strategies or test strategies More expensive than other guides Best Study Guide for Mid-Scoring Students IB Chemistry Study Guide: 2014 Edition: Oxford IB Diploma Program Price on Amazon:about $34 Description: This is the go-to IB Chemistry Study Guide when you've got limited time to study. Also published by The Oxford University Press, this study guide complements the IB Chemistry Course Book mentioned above. This book breaks topics down into comprehensible sections, with pictures to help cement concepts. Also, IB Chemistry exam preparation material is integrated to make sure you excel on the IB Chemistry exam. Pros: Developed directly with the IB High-quality content Realistic practice problems and exam material Organized logically, with practice integrated coherently Very thorough for those who need a little extra help in addition to their textbook / class lectures Cons: This book is better for thoroughness and not very good for customized prep More expensive than other guides Best Study Resource for Fast Learning Throughout the School Year IB Chemistry (SL and HL) Examination Flashcard Study System: IB Test Practice Questions Review for the International Baccalaureate Diploma Programme (Cards) Price on Amazon: about $44 Description: Flashcards are a good study option for IB Chemistry since there are many specifics to memorize. These flashcards help break the subjects down into manageable sections, so that you can easily memorize important information. Unlike the Oxford University Press, this company doesn't work with IBO, but they use the IB Chemistry syllabus to make sure they cover all subjects. These flashcards are a great resource to use for studying during the school year for your in-class IB Chemistry tests. You can focus just on the applicable flashcards for each quiz. Even though there are no IB exam practice questions, these flashcards are still good for exam review because they cover core concepts. Since most of the IB Chemistry exam questions ask you to repeat memorized facts (such as asking you to decide â€Å"Which statement about reactivity is correct?†), these flashcards are a great tool to help you get a 7 on your exam. Pros: Developed using the IB Chemistry syllabus Provides a high-quality content review Breaks down big topics into small manageable parts Organized by topic, making it easy to help you memorize throughout the year, not just for the IB exam Cons: Doesn't give advice on how to use the flashcards to study. I encourage you to use our "waterfall method" These flashcards just have space for brief explanations. If you don't understand a topic, you will need to refer back to another resource to help cement understanding. More expensive than other guides Best Value Study Guide IB Chemistry Notes by Vincent Keat Standard Leveland Higher Level Price on Amazon:About $19 Description: What I love about these books is that they are topic specific. These notes were written following the IB Chemistry SL and HL syllabus. They contain fully worked examples on each topic and are an ideal resource for test preparation throughout the school year as well as for the IB Chemistry exam. Pros: Developed using the IB Chemistry syllabus High-quality content review Fully worked examples of each topic Relatively inexpensive Cons: Does not contain full practice tests Does not contain study strategies or test strategies Book to Avoid IB Chemistry (SL and HL) Examination Secrets Study Guide: IB Test Review for the International Baccalaureate Diploma Programme (Mometrix Secrets Study Guides) Price on Amazon:about $50 Description: This study guide for IB Chemistry covers the core topics of the syllabus including some practice questions for paper 1 (the multiple-choice section of the exam). However, it doesn't review any of the options (tested on paper 3 of the IB Chemistry exam) or include any practice for paper 2 questions. Pros: Focused review of IB Chemistry core topics Includes practice questions from paper 1 with detailed answer explanations Includes test tips and strategies Cons: Expensive compared to other materials Missing review of the options, which count for â…“ of the IB Chemistry exam Missing review of paper 2 questions, which count for â…“ of the IB Chemistry exam This book is too expensive to spend money on when it is missing â…” of the material needed to succeed on the IB Chemistry exam Other (Free) Study Resources While these are great study aids, we know they can be pretty pricey. Find other free IB Chemistry study resources in our IB Chemistry Study Guide.Also, check out our article on where to find IB Chemistry past papers to help you practice for the exam. What’s Next? Learn more about IB Chemistry by checking outthe complete IB chemistry syllabus. Trying to figure out what extracurricular you should do? Learn more about participating in Science Olympiad, starting a club, doing volunteer work, andjoining Student Government. Studying for the SAT? Check out our complete guide to the SAT.Taking the SAT in the next month? Check out our guide to cramming. Not sure where you want to go to college? Check out our guide to finding your target school.Also, figure out your target SAT score or target ACT score. These recommendations are based solely on our knowledge and experience. If you purchase an item through one of our links, PrepScholar may receive a commission. Want to improve your SAT score by 160 points or your ACT score by 4 points? We've written a guide for each test about the top 5 strategies you must be using to have a shot at improving your score. Download it for free now:

Mark Twain Quotes on Education and Schooling

Mark Twain Quotes on Education and Schooling The genius writer and father of American literature,  Mark Twain, was not educated beyond elementary school. His expresses cynicism toward the mediocre education system of this time in his quotes about education. He believed that schooling was different from education and learning. He warns us of the hazards of following the education system with blind faith. In Praise of Learning and Training Training is everything. The peach was once a bitter almond; cauliflower is nothing but cabbage with a college education. The man who does not read books has no advantage over the man that can not read them. There is nothing training cannot do. Nothing is above its reach. It can turn bad morals to good; it can destroy bad principles and recreate good ones; it can lift men to angel ship. Every time you stop a school, you will have to build a jail. What you gain at one end you lose at the other. Its like feeding a dog on his own tail. It wont fatten the dog. It is noble to teach oneself, but still nobler to teach others - and less trouble. A man who carries a cat by the tail learns something he can learn in no other way. Thousands of geniuses live and die undiscovered - either by themselves or by others. Learning softeneth the heart and breedeth gentleness and charity. Criticism of Schooling Education consists mainly of what we have unlearned. We have not the reverent feeling for the rainbow that a savage has because we know how it is made. We have lost as much as we gained by prying into that matter. God made the Idiot for practice, and then He made the School Board. Just the omission of Jane Austens books alone would make a fairly good library out of a library that hadnt a book in it. I never let my schooling interfere with my education. Everything has its limit - iron ore cannot be educated into gold. All schools, all colleges, have two great functions: to confer, and to conceal valuable knowledge. Mark Twain Quips on Specific Subjects The very ink with which all history is written is merely fluid prejudice. I dont give a damn for a man that can only spell a word one way. There are lies, damned lies, and statistics. Facts are stubborn, but statistics are more pliable. Classic. A book which people praise and dont read. I was gratified to be able to answer promptly, and I did. I said I didnt know. Why shouldnt truth be stranger than fiction? Fiction, after all, has to make sense. We could use up two Eternities in learning all that is to be learned about our own world and the thousands of nations that have arisen and flourished and vanished from it. Mathematics alone would occupy me eight million years. Many public-school children seem to know only two dates - 1492 and 4th of July, and as a rule, they dont know what happened on either occasion.

History - The Palaeolithic Period, Barbarians, Stonehenge Assignment

History - The Palaeolithic Period, Barbarians, Stonehenge - Assignment Example The only art we can see from this period are the pieces that stood the test of time – to survive, according to the author, art has to have a) been made of metal or stone b) needs to have a climate that is not destructive to the works of art c) had to exist in a relatively complex society and d) had to have been produced bya society with a tendency to â€Å"cache their art† in places that are hard to access (352). The Palaeolithic cave paintings of France meet a few of these requirements – they are made on a stone surface, so will not degrade, are in caves, which provide protection from both the elements and people who may destroy the work. The Neolithic Stonehenge is made of stone, and had a complex enough society to create monumental architecture, both of which helped it survive. Works of every-day material such as wood are unlikely to survive, which eliminates our ability to understand the small scale art that every day people made in their spare time, and prob ably increases the quality of art that we know of. Question 2 Seeking to protect the empire from the ravishing of barbarian hordes, as well as allow for a change in focus and religion in the Roman Empire, the Emperor Constantine moved the capital of the Empire from Rome to the city of Constantinople, which was constructed purely for this purpose (378). This shift coincided with an edict allowing Christianity to be freely practiced in the Roman empire, which later would be followed by edicts making Christianity the sole religion of the Roman Empire. To better aid management of this massive empire, it was split into two different ones, the Western, based in Rome, and the Eastern, based in Constantinople, which would have immense affects on art and culture. The two empires grew culturally distinct, with the east speaking Greek instead of Latin, and religious divisions followed, creating the Roman Catholic and Greek Orthodox religious respectively. Art in the Western Half tended to foll ow traditionally Roman precedents, like St. Peter’s basilica which is styled after a Roman forum, whereas art in the East developed a novel Greek style. As the western half of the empire fell, the art in that region was predominated by the Northern Germanic animal style, which eventually combined with Christianity to inform Carolingian art, named after Charlemagne, one of the most famous Frankish kings (385). Following this style of art, Romanesque art developed, which was a conscious look back on and imitation of older Roman forms. This form was followed by Gothic, which featured a number of architectural advancements (such as thinner walls and flying buttresses) which allowed for the building of light, airy buildings without thick walls and substantial pillaring, as demonstrated by Notre Dame de Paris (389). Question Three Cultures use monumental art as a way of expressing their power, their religion and the will of their people. When comparing Stonehenge with the Colloseum , it becomes apparent that though these works differ significantly in artistic principles and primary purpose, they both fulfill the same roles as works of monumental architecture. Stonehenge was created in the Neolithic period by a pagan people who probably cared deeply about the passing of the stars. It works as a form of monumental calendar, and probably had significant religious intent (354). It consists of a series of state lines, arranged in concentric circles –

TEACHING STRATEGIES TOPIC will focus on A 50 Year Old educated man Term Paper

TEACHING STRATEGIES TOPIC will focus on A 50 Year Old educated man Recently Hospitalized With Stage 2 Infected Diabetic Foo - Term Paper Example Introduction Marzano (2010) stated that during the late 1980s, various educationists across the World had created a strong campaign against the traditional teaching strategy that was seen more of exam-oriented, since it emphasized more on developing cramming skills among the students instead of critical thinking skills. This made majority of the students to lack skills in solving certain problems and even apply logical reasoning in certain instances. It is because of these reasons that various teaching strategies have been developed so far by various education stakeholders with the main aim of helping students to develop their thinking skills at levels that are higher than knowledge and comprehension. Moreover, skills on critical thinking have been greatly emphasized since even the National League for Nursing Accrediting Commission has incorporated critical thinking skills as a one of the learning outcomes in nursing programs. In actual sense, Weston (2009) described critical thinkin g as the ability to think in a rational, objective, and independent manner, in order to come up with credible and worthwhile course of actions or conclusions. Weston (2009) in his writing further added that students should follow at least six steps in order for them to become critical and logical thinkers and these steps include acquiring knowledge and perfect understanding of the topic that requires critical thinking. Secondly, the students will need to learn logic, which is the ability to construct argument and deduce meaningful conclusions. Thirdly, the students will need to learn assertiveness in order to become assertive in the criticisms that they make. The fourth step for students to become critical and logical thinkers is for them to learn comprehension, which is the ability to understand what they see/ watch and read. Fifthly, Weston (2009) stated that a critical thinker has to know about alternatives to ensure the thinking process bear valid conclusions. Lastly, Weston (20 09) stated that for students to become critical and logical thinkers they have to synthesize all separate thoughts to come up with something that is critical and logical. The frameworks of most learning theories have been aligned to ensure that learners are able to go through these steps of becoming critical and logical thinkers. Furthermore, application of the learning theories as well as the level of integration of the steps of becoming a critical and logical thinker, factor in that people have numerous forms of intelligence in different degrees. In the writings by Hunt (2011), he listed the seven forms of intelligence and they comprise of spatial, interpersonal, intrapersonal, linguistic, body-kinesthetic, musical, and logical-mathematical. The learner The casing point for this paper is a 50-year old educated man recently hospitalized with stage 2 infected diabetic foot ulcer secondary to diabetes neuropathy. According to Mathews et al (2008), the man’s condition is attrib uted to the diabetes disease that he is suffering from, which facilitated the development of the diabetic neuropathy that commonly affects the feet of a diabetic patient.

PASBD reflection Essay Example | Topics and Well Written Essays - 2000 words

PASBD reflection - Essay Example Due to the knowledge obtained from this unit, my presentation skills, communication, group-handling skills, decision making under both certainty and uncertainty and the much-needed problem solving skills are sharp. In the short past in the industry, we have made three presentations and one interview, made analysis, and compiled corporate reports. These trainings have made us realize our areas of weaknesses and opportunities. I have gained immense insight and training in my field based on the provisions of the unit (PASBD). My interview, teamwork, and communication skills are quite efficient. As a result I am today in a position of interacting with personalities of whatever manner. The PASBD is designed with the sole aim of developing the skills of professionals in a manner that as graduands of the course we are able to handle hard tasks with tighter deadlines and unpredictable situations (Bolton 2005). As an accountant having gone through this course, I exhibit the highest form of competency in my work. Apart from simply aiding my group members and me in getting a job, PASBD also helps me be organized in any job to an extent that I am able to grow, survive in the jobs and ultimately excel in terms of my career growth. My theoretical aspects of the course already acquired throughout the other modules of the course have been translated into practical approaches. Today I am able to adopt technological approaches to finding solutions to problems I face in the industry. At my workplace, I am able to work harmoniously in teams and achieve individual targets as well. In addition, my listening skills are quite effective and making professional or corporate presentation in our organization is just exemplary. Today, from the knowledge acquired am able to identify and solve a variety of problems whether structured or unstructured an aspect that I appreciate so much (Cartwright & Scisco

Is Libertarian Paternalism a good idea Essay Example | Topics and Well Written Essays - 1000 words

Is Libertarian Paternalism a good idea - Essay Example Nudge is the method of influencing behavior by ways of choice architecting. The feedback system in a school and incentive programs in organizations are all different example of this Nudge. Being a parent in this age is not an easy task. Over the decades the position of teenagers has changed considerably. There was once a time when all the focus was on the elder generations. The television programs, products etc everything targeted the elders. However this generation has seen a totally different side of affairs. If we look around we can see how much importance the younger generations are given. There are special products, television shows, movies and many other aspects of life which are entirely focused and dedicated to them. This treatment of teenagers has changed the ‘obedient child’ into an independent person. This person knows his rights and importance and therefore is not willing to give up any part of his independence. This phenomenon makes the life of parents even tougher. They have to control a generation of independent teenagers who are inexperienced about life no matter how much they brag about being all grownup. There are many different forms of knowledge. The internet has an adequate quantity of literature about everything and anything. There are some aspects of knowledge however which cannot be learned overnight. This branch of knowledge is usually referred to as experience. There are many decisions in life which require us to make choices that could not only affect us but also have considerable affects on others around us. We are forced to make those choices despite the fact that we sometimes are not ready to make them. This is the problem many parents face. They cannot interfere directly with decisions of their children but cannot also watch them ruin their own life. The parents are usually more experienced in making choices because they have seen

Critical Thinking Skills, Emotional Intelligence, and Employee Essay

Critical Thinking Skills, Emotional Intelligence, and Employee Engagement - Essay Example The process of critical thinking involves evaluating, analyzing or synthesizing the data that has been gathered through observation, reflection, communication, experience or reasoning (Foundations for Critical Thinking 1). The process is guided by the information gathered, a set of beliefs and the intellectual commitment to apply such skills to shape behavior in an organization. Critical thinking is very applicable in the daily running of the organization and can be applied in decision-making, yielding very positive results. Emotional intelligence, on the other hand, is the ability of to handle one’s emotions and control them, in order to relate well with other people in the organization (Cherry 1). Emotional intelligence entails perceiving emotions, reasoning with them, understanding them and managing the emotions. The concept of emotional intelligence is very essential in the management of an organization. It enables a manager to relate well with the employees, and apply the concept of diversity. A manager who exercises emotional intelligence works with the understanding that, all people are different. Thus, each should be listened to, and understood. Employee engagement is another very pivotal element in the running of the organization. Employee engagement refers to the emotional commitment that the workers of an organization attach to the organization and its aims (Kruse 2). In essence, employee engagement means that the workers care about the services they deliver to an organization. The concept is very relevant to the organization. An engaged employee contributes immensely to the positive growth of the organization. The three concepts of employee engagement, critical thinking and emotional intelligence are almost equally important in an organization. Without each of them, there will be dire consequences for the management of the

Is Libertarian Paternalism a good idea Essay Example | Topics and Well Written Essays - 1000 words

Is Libertarian Paternalism a good idea - Essay Example Nudge is the method of influencing behavior by ways of choice architecting. The feedback system in a school and incentive programs in organizations are all different example of this Nudge. Being a parent in this age is not an easy task. Over the decades the position of teenagers has changed considerably. There was once a time when all the focus was on the elder generations. The television programs, products etc everything targeted the elders. However this generation has seen a totally different side of affairs. If we look around we can see how much importance the younger generations are given. There are special products, television shows, movies and many other aspects of life which are entirely focused and dedicated to them. This treatment of teenagers has changed the ‘obedient child’ into an independent person. This person knows his rights and importance and therefore is not willing to give up any part of his independence. This phenomenon makes the life of parents even tougher. They have to control a generation of independent teenagers who are inexperienced about life no matter how much they brag about being all grownup. There are many different forms of knowledge. The internet has an adequate quantity of literature about everything and anything. There are some aspects of knowledge however which cannot be learned overnight. This branch of knowledge is usually referred to as experience. There are many decisions in life which require us to make choices that could not only affect us but also have considerable affects on others around us. We are forced to make those choices despite the fact that we sometimes are not ready to make them. This is the problem many parents face. They cannot interfere directly with decisions of their children but cannot also watch them ruin their own life. The parents are usually more experienced in making choices because they have seen

Medical Law Essay Example | Topics and Well Written Essays - 2750 words

Medical Law - Essay Example Protection and preservation of life is therefore an inherent right. If a person refuses further treatment, or a woman elects her own life over her unborn child or a person’s living will is ambiguous, The objective of this paper is to harmonize the right of a patient to choose over the obligation of the medical practitioner to respect their wishes A. This is the dilemma spawned by 15 year old Adrienne who, enabled by the support and understanding of her parents, refused a third round of kidney transplant and a lifetime regimen of anti-rejection drugs to save her life. The doctors strongly believe that Adrienne should have the surgery and doubts if Adrienne, a minor, had made valid and informed choice considering her parents’ unconditional encouragement to decline further kidney transplantation if Adrienne so desires. The South Hertfordshire Primary Care Trust (Trust for brevity) must strike a balance between the advocacy of doctors to promote and preserve life or to abid e by the patient’s choice to decline further treatment. ... The prognosis, potential risk involved, quality of life after surgery and other consequences of the treatment or lack of it must likewise be laid down for the determination of the patient. It is not sufficient though that the medical practitioner perfunctorily mutter the information, rather it must be ensured that the patient understood the choices available. After giving the potential benefits and risks of the proposed treatment, any choice exercised by the patient must be respected and any treatment must in accordance with the patient’s will and instructions. In arriving at the decision, the patient must display mental competence or intellectual capacity to make informed choices including the consequences if any. Capacity or competence may be gleaned from the questions propounded or views expressed by the patient regarding the treatment (Mental Capacity Act 2005)2. The medical practitioner must be available to answer the questions but nonetheless the advice must be free from biases or prejudice and must not influence the patient one way or the other to undergo surgery or treatment unless it is the explicit desire of the patient (General Medical Council)3. The primordial motivation of a medical practitioner is to promote health for the benefit of the patient under beneficence principle (Hope)1. In the promotion of the patient’s benefit however the medical practitioner must subordinate his professional recommendation if it runs counter with the belief or intention of the patient. Respect to the patient’s instructions should prevail over the expert assessment notwithstanding that without such medical treatment, the patient is exposed to a more serious health problems. In giving medical advice, it is likewise incumbent