Wednesday, October 30, 2019
A)The original concept of the NHS in 1948 was to improve the health of Essay
A)The original concept of the NHS in 1948 was to improve the health of the nation. It was perceived that this would result in - Essay Example Prior to this report, the biomedical definition of health held precidence, and this suggested that health need only be the absence of disease. This is not always the case, however, as an individual may state that they are healthy in biomedical terms, but their social class or lifestyle may cause them to be more susceptible to certain diseases or even just to have a lower quality of life than another individual. The aim of this essay is to discuss the effect that the NHS has had on the health of the UK and how these definitions of health have helped shape the British awareness of health and how it is to be maintained. This essay aims to explain how the success of the NHS has caused it to have more problems ââ¬â the successful nature of the service has allowed people to live for such a long time that they now require more epensive medical care for longer than ever before. The NHS believed that it would reduce the need for provision, but instead has enhanced it. There are several as pects of an individual that determine the standard of health he/she can enjoy. These range from the unalterable ââ¬â age, sex and genetic factors, for example ââ¬â to the areas which health promotion aims to improve and which should not be an issue in the sphere of health ââ¬â lifestyle, housing and social class. Age is evidently a determinant of health, in that the chronic diseases (cancer, diabetes, Alzheimerââ¬â¢s, heart disease) that have come to define the modern West occur increasingly with age . Age is also generally associated with being slower and weaker and as such the elderly may believe themselves to be in ââ¬Ësuboptimal healthââ¬â¢ (Ubel et al., 2005, p1054) and be more inclined to seek healthcare. Sex is another obvious determinant of health, with various diseases affecting either sex more than others. Autism, for example, affects men more than women , but depression affects more women than men (Nolen-Hoeksema, 2001, p173). The same can be said for various cancers that simply cannot occur in a certain sex because of the missing anatomical parts. Hereditary factors such as genetic disease (Huntingtonââ¬â¢s, Fragile X) or genetic predispositions (posession of the BRC1 gene [Xu, 2008, p460], susceptibility to early-onset Alzheimerââ¬â¢s) also affect our health. However, it is those things that health promotion can have an effect over, such as lifestyle, housing and social class. Lifestyle is probably the biggest killer, with smoking, lack of exercise and over-eating still being common in the UK (Office for National Statistics, 2009) and the resulting diseases associated with these conditions being more deadly than ever. Housing and social class have less of an effect than in the past, with benefits and, of course, the NHS providing an equality of care for all people in the UK. Unemployment is also considered dangerous in the health stakes. This is due to the fact that it reduces longevity and health, particularly amongst m en (Carvel, 2002, p1). It is also reported that the NHS could help reduce unemployment by recruiting in the local area and thus save costs to itself. However, unemployment used to be a much bigger worry than it is today, with healthcare having to be paid for up front, making it particularly inaccessible to the masses of people on low income. However, this all changed with the start of the NHS and the availability of the
Monday, October 28, 2019
Chem Answers Essay Example for Free
Chem Answers Essay Exercise 1. What safety equipment is available to you while you do your experiments? How far are they from you while you are conducting your experiments?This includes fire extinguishers, phones, showers, etc. The safety equipment that I have access to while performing my experiments are as follows; shower, fire alarms and a telephone. They are all within ten feet from where the experiment will take place. 2. What is an MSDS? MSDS is a document that is required by Oshaââ¬â¢s ââ¬Å"Hazard Communicationâ⬠for all existing chemicals that are currently sold. 3. What can make glassware unusable? Glassware is unusable in an experiment when it is chipped, broken, or cracked. 4. When should you wear goggles in the lab? You should wear safety goggles at all time. 5. How long should you wash your eyes if you get a chemical in them? If you have contact with chemicals in your eye, it should be rinsed for ten minutes. 6. What should you do if your clothing catches on fire? If your clothes should catch on fire during your experiment, you should use the safety shower if you have one. Otherwise, stop-drop-roll and yell or use a fire blanket. 7. How should you heat the liquid in a test tube to a temperature less than 100 C? If you are heating liquid in a test tube to a temperature less than 100 degrees. You should use a test tube holder, clamp and hot water. 8. à What do the following symbols mean? DangerousOxidizerRadioactiveCorrosive ________________ _________________ _______________ ______________ 9. What does each of the small diamonds in the NFPA fire diamond mean? Blue- Health section Red- Flammability Yellow- Reactivity White- Special condition 10. Why should you remove jewelry prior to entering the lab for an experiment? Jewelry should always be removed prior to an experiment. Rings can trap the chemical that you are working with against the skin. Necklaces can dangle and knock dangerous chemical over. 11. What type of clothing should you wear in lab? The type of clothing that you should wear would be; leather shoes, long pants or skirts, sturdy cotton fabric, and older clothes are advised. 12. If your Bunsen burner goes out or you smell gas, what should you do? If you should be working with a Bunsen burner and the flame should extinguish or you smell gas, turn the gas off.
Saturday, October 26, 2019
American Pie :: essays research papers
"American Pie" by Don McLean, is a very interesting song. After listening to the lyrics and the song itself, there is a meaning to this song. Each line of the lyrics has a special meaning to what Don McLean wanted to say, but in his own special way. If one was to look at each lyrics one by one, they will be able to find out the big picture of the whole song. It tells a story of Mclean's favorite performers, Buddy HOlly. American Pie was rumoured to be the name of the plane that BUddy Holly died in. In the begining of the song, he starts out saying, "A long, long time ago, I can still remember how that music made me smile. ANd i knew if I had a chance, that i could make those people dance, and maybe they'd be happy for a while." THis line is talking about how when he was a child he listened to great performers of his time and how he could do the same and make other teenagers happy with his song and make them want to dance and be merry. "But February made me shiver, with every paper I'd deliver, bad news on the doorstep. I couldnt take one more step, I can't remember if I cried when i read about his widowed bride. But something touched me deep inside, the day the music died." This line is the day back in February 3, 1959 when Buddy Holly, Ritchie Valens, and The Big Bopper died in a plane crash. As a child, McLean was a paper boy and the news papers that were being passed that day was spreading "bad" news to everyones' doorstep and Buddy Holly's wife was pregnent when he died and later she had a miscarage. That date, was also refered to the "day music died." "Bye bye Miss American Pie, I drove my Chevy to the levee but the levee was dry. Them good ol' boys were drinkin' whiskey and rye, SIgning This'll be the day that i die. THis'll be the day that i die." This is the chorus line. Miss American Pie was someone McLean had dated as a teenager. It was rumoured he was dating a Miss American candidate at the time. It is also refering to saying good by to the plane that had all three performers. The levee refers to a Movie called MIssissippi Burning, which was about three college students registering to vote as black voters, but were killded and dragged to a levee.
Thursday, October 24, 2019
Muscular System: Muscle Metabolism
1. List the three roles of ATP in muscle contraction:1. Energize the power stroke of the myosin cross bridge.2. Disconnecting the myosin head from the binding site on actin at the conclusion of a power stroke.3. Energizing the calcium ion pump.2. The potential energy in ATP is released when the terminal high-energy bond is broken by a process called hydrolysis. Write the end products of this process: ATP (+ H2O) ( ADP 3. Rebuilding ADP into ATP with a new source of energy is carried out by a process called dehydration synthesis. Write the equation for this process: ADP ( ATP (+ H2O) 4. List the three processes used to synthesize additional ATP when ATP supplies are low:1. Hydrolysis of creatine phosphate2. Glycolysis3. The Krebs cycle and oxidative phosphorylation5. An immediate source of energy is creatine phosphate (CP), but the supplies are limited and rapidly depleted. One molecule of CP produces one ATP. 6. Glucose is a major source of energy for synthesizing ATP. List the two sources of glucose:1. Glucose enters the muscle cell directly from the blood.2. Glucose is produced by hydrolysis of glycogen stored in the muscle cell.7. Glycolysis is the process that breaks down glucose. Name two products of the breakdown of glucose:1. Two ATP molecules2. Pyruvic acid If oxygen is not available, pyruvic acid is converted to lactic acid, which is the end product of anaerobic respiration.8. If oxygen is available, the process is known as ___aerobic_ respiration. Name two sources of oxygen:1. Oxygen enters the muscle cell directly from the blood.2. Oxygen is stored in myoglobin, an oxygen-binding protein.The aerobic pathway consists of glycolysis + krebs cycle + oxidative phosphorylation. The net result of one glucose molecule is 36 ATP. 9. The process of restoring depleted energy reserves after exercise is called repaying the oxygen debt. Name four processes that occur during this time:1. Lactic acid is converted back to pyruvic acid, which enters the Krebs cycle, producing ATP.2. This ATP is used to rephosphorylate creatine into creatine phosphate.3. Glycogen is synthesized from glucose molecules.4. Additional oxygen re-builds to myoglobin.10. Put the following characteristics under the correct fiber type in the table below: Krebs cycle and oxidative phosphorylationuses glycolysis fatigue rapidlyhigh endurance few capillariesmany capillaries much myoglobinlittle myoglobin long-distance runnersprinter Krebs cycle and oxidative phosphorylation uses glycolysis fatigue rapidly high endurance few capillaries many capillaries much myoglobin little myoglobin long-distance runner sprinter light in color, large diameter red in color, small diameter. Ã
Wednesday, October 23, 2019
Loreal Company Background
Company Background Fresh out of a French chemical engineering school, young entrepreneur Eugene Schueller developed a hair dye with hues hairdressers throughout Paris couldnââ¬â¢t resist. The one-product venture he launched in 1909 has since grown into the worldââ¬â¢s largest cosmetics company: Lââ¬â¢Oreal. Lââ¬â¢Oreal began its global expansion during the second half of the 20th Century, and now offers hair care, hair color, skin care, makeup, and fragrances in 130 countries. Its 23 brands include pharmacy staples Lââ¬â¢Oreal, Garnier, and Maybelline, as well as upscale brands Yves Saint Laurent, Redken, and the Kiehlââ¬â¢s skin care line. Lââ¬â¢Oreal recently expanded its produce suite by acquiring the dermatological beauty care brand Skinceuticals in 2005, and retail store The Body Shop the following year. Today, the company employs more than 65,000 people in eight departments: operations, finance, information systems and technology, marketing, business and sales, communication, human resources, as well as research and development. More than 2,900 specialists work in Lââ¬â¢Orealââ¬â¢s R&D department, which studies skin and hair and uses its findings to develop safer and more effective products to enhance beauty and protect skin. The R&D specialists working in the companyââ¬â¢s 18 research centers have backgrounds in 30 fields, including chemistry, biology, medicine, physics, physical chemistry, and toxicology. L'Oreal develops more than 3,000 new formulas per year. Lââ¬â¢Orealââ¬â¢s commitment to diversity, integrity, responsibility and respect for people and the environment earned it a place on Ethisphere Magazineââ¬â¢s rankings of the worldââ¬â¢s most ethical companies in 2007. Its products reflect a commitment to serving the needs of diverse populations, including men and African Americans. In 2001, the company launched Mizani, a hair care brand developed specifically for unique ethnic hair types. For corporate social responsibility, the company has enacted several community and environmental programs, from providing employment opportunities to disabled students in Taiwan to reducing water and energy usage at factories around the world to creating an HIV/AIDS support and education program for employees in South Africa.
Tuesday, October 22, 2019
Transcendentalists vs. Society essays
Transcendentalists vs. Society essays Ralph Waldo Emerson, one of the most important transcendentalist authors of early nineteenth-century New England, advocates higher individualism, obeying instinct, the hope and belief of miracles, and the great importance of self-reliance. In the transcendentalism-based essay, Self-Reliance, Emerson says that individualism, independence, and inconsistency are how a man should live. However, the rest of society sees the transcendentalist who stay away and alone, who dont participate in public events, abolition of slavery or even voting as self-centered, lazy, insulting and uncivil (TT 201). Emerson, whose beliefs are often considered the core of Transcendentalism, argues that they are not unsocial, melancholy or sour, but joyous and affectionate (200). Society does not understand the transcendentalists and therefore shun them. In Self-Reliance, Emerson brilliantly explains the role of being completely separate from society. Anti-transcendentalists and the general public view sel f-reliance which is the transcendentalist manifesto as self-centeredness. Emerson says that conforming... blurs the impression of your character... but that your genuine actions will reveal your genuine character (SR 23). Transcendentalists believe in being an individual and completely free from the opinions, thoughts, and beliefs of society; they are not concerned about other people. However, they do wish to be understood. The people of the general society disagree with transcendentalists defiance of external authority and their disregard of tradition and religion, and they believe that their idealistic philosophy of intuition and their attitude toward the rest of society is loutish (TT 200). Emerson refers to the non-transcendentalists as materialists. He disputes that they are too worried about the world, about money, and what everybody else is doing. And be...
Monday, October 21, 2019
Breathless Film Essay Essay Example
Breathless Film Essay Essay Example Breathless Film Essay Paper Breathless Film Essay Paper In the film, Michael Postcard is a petty criminal who steals a car and when a pop catches up to him, postcard panics and shoots him dead. He then escapes to Paris to gather money to escape to Italy and to meet up with his American girlfriend Patricia. The rest of the movie is him running around trying to convince Patricia to go to Italy with him and find Antonio who can help him get out of France.. In the end Patricia informs on him to the cops and he is shot on the street but keeps running until he collapses and dies breathless. Two key moments of the film are when Postcard sees Patricia kissing the other American and when Patricia tells him that she called the cops. They tooth reflect the pervasive theme of trust and love found throughout the movie and seem to make the statement that love is blinding and consuming. Even to his last moment, Postcard doesnt stop loving Patricia even if she did betray him. The sequence that best represents the thematic is the ending where, even after being betrayed by her, he shows he still loves her with the personal faces game and lets her off with a very light admonishing before he passes away. The title, Breathless, refers directly to the ending of the movie where Postcard keeps running until he is literally out of breath and dies. In a less literal interpretation the title could represent how the main character is out of breath from leading his current lifestyle (not because he wants to change it but because its catching up to him) as well as his blinding love for Patricia which takes away his breath leaving him hesitant and leading to his death. 1) The musical theme is repeated various times throughout the score and acts as a way to heighten dramatic question as well as contribute to Michel Postcards characterization (its suave yet threatening) . Its ominous composition (aptly titled La Mort) precludes death since the begin inning with the cop and ultimately Postcards own. 6) The editing is striking in that it uses experimental jump cuts heavily which at the time were very against the norm. It creates a really interesting effect because while it does bring some attention to itself, detracting from the illusion of real life continuity, it does so in a way that is quite effective. Feel like our brains are very willing to accept this presentation of a story because sins this exactly what we do when recalling an event: edit out the boring parts? For me personally once you get used to it (it felt a little weird at first) it really keeps you engaged in the story because it makes time more efficient.
Sunday, October 20, 2019
The Letter Z Will Be Removed from the English Alphabet
The Letter Z Will Be Removed from the English Alphabet The Letter Z Will Be Removed from the English Alphabet The Letter Z Will Be Removed from the English Alphabet By Guest Author Surprising as it sounds, it looks like the English alphabet will be losing one of its letters on June 1st. The announcement came from the English Language Central Commission (ELCC). Here is a quote from the press release: After carefully considering and debating the matter for over two years, the ELCC came to the conclusion that the letter Z should be removed from the English alphabet. The main objective of this change is to simplify the phonetic aspect of the language, and to unify the American and British spellings. What will happen to the words that have the letter z in them? It depends on the word. According to the ELCC, words that started with a z will now start with an x. Examples include: zero becomes xero zoo becomes xoo zone becomes xone zodiac becomes xodiac Words that featured a z with the s sound, on the other hand, will now be officially written with the s (i.e., unifying the American and British spelling). Examples include: visualize becomes visualise analyze becomes analyse materialize becomes materialise What do you think about this change? Will it really simplify the English language, or will it make things more confusing? This post is an April fools prank. 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 General category, check our popular posts, or choose a related post below:The Royal Order of Adjectives Abstract Nouns from AdjectivesPassed vs Past
Saturday, October 19, 2019
Swedish Daddies Assignment Example | Topics and Well Written Essays - 500 words
Swedish Daddies - Assignment Example This is also to ensure that pressures to comply with the rest of the world by allowing paid paternity leave will reduce chances of employee turnover for those with families (Kamerman, Kamerman and Moss, 2011). The key stakeholders in the dilemma mentioned above include the fathers and the company policy makers and management. The fathers have to choose between working for an organization even without paid paternity leave hence risking their jobs as opposed to risking divorce and leaving their wives to handle everything concerning the baby on their own. This is a tough decision and for those companies without a paternity policy, the fathers just stay in their jobs and work. As for the policy makers and management of the companies that lack paid paternity leave, they risk family-oriented fathers leaving the company and looking for companies that have such policies. They therefore have to think of integrating such a policy. Since money issues will arise, they have to seek assistance from government as well as borrow a few leaves from other organizations with similar policies or simply reduce the paternity leave. Taking paternity leave paid or not depends on the character of an individual. Virtue ethics come to play here because there are those companies with the paid paternity leave but fathers do not take them. Culture is also different in different countries. Countries that are more masculine-oriented do not see the point in paternity leave as the role of child rearing is the work of women (Brandth, et al. 2011). For companies considering whether to establish such a leave policy, they should first think about the culture then think about the virtue ethics which may mean establishing the policy but not making it a mandate for the fathers to take the leave. To however know the virtue of the male employees, research should be carried out and no assumptions made. The
Friday, October 18, 2019
Business Law Coursework Example | Topics and Well Written Essays - 2000 words
Business Law - Coursework Example A contract is defined as an agreement made with an intention to create legal relationship between two parties in order to exchange some form of consideration (Uher & Davenport, 2009). Basically, in English Law for a contract to be initiated, there should be an offer and an acceptance. Both the offer and acceptable must give rise to the exchange of consideration under terms that are clearly spelt out in clear terms (Young, 2010). Also, both parties must have the legal capacity to contract (be over 18 years old and be of a sound and uninfluenced mind). And the consideration to be exchanged should be legal in the law. Additionally, there should be an intention to create a legal relationship. In Smith V Hughes [1871] 40 LJQB J221 it was seen that the intention to create legal relationship can either be expressed or implied when one partie conducts himself in a way that the other might reasonably imply to mean an intention to create a legal relationship hence a contract. Consideration is an important requirement in English Law. A consideration is at thing of value, that a person exchanges for another thing of value in a contract. Treitel, (1988) bases on this and states that a contract gives rise to rights and responsibilities for each party in a contract. ... Breach of Contracts ââ¬Å"A contract is breached if one party introduces a fundamental change which is unacceptable to the other party.â⬠Morris et al (2007). In practice, when a person fails to do as promised in a term of a given contract, there is a breach of contract. In Johnson V Agnew [1980], there was the failure of one party to discharge what was promised in the contract. This led to a breach of contract which was due to the failure of one party to discharge his responsibility as promised and according to the terms of the contract. In effect, the other partyââ¬â¢s rights accrued under the contract were limited because after discharging his responsibility, the other party failed to give him the consideration due to him. Obviously, this led the aggrieved party to suffer several hardships which would not have occurred if the other party had discharged his duty as promised. In such a case, the aggrieved party can go to court and seek some kind of restitution. In such a si tuation, the court will decide on a remedy for the aggrieved party based on the facts of the case and pass a judgement on the case (Morris et al, 2007) Damages for the Breach of Contract The usual remedy under English commercial law for a breach of commercial contract is an award of damages (Whincup, 2006). This therefore means that in most cases, where some kind of damages can be awarded to an aggrieved party in a contract to restore him to his former position, the court will normally grant that. In Robinson V Harman 1848 Ex Rep 850, the landmark ruling was that ââ¬Å"where a party sustains a loss by reason of a breach of contract, he is so far as money can do it, to be placed in the same situation ...as if the contract had been performedâ⬠. This
The Main Functions and Responsibilities of the Manager Case Study - 1
The Main Functions and Responsibilities of the Manager - Case Study Example It seeks to find out the ethical questions that managers may have to ask themselves as they make decisions. This report seeks to draw insight on management theories and elaborate on how they work in the real world. The report will attempt to draw conclusions based on intervieweeââ¬â¢s experiences. It will examine how working relationships affect the execution and coordination of an organisationââ¬â¢s activities. Responsibilities of A Manager The interviewer began by asking the manager his responsibilities at his current position. He asked the manager to describe his areas of accountability, responsibility, and delegation. The manager described his responsibilities as divided into three main categories (Tripathi & Reddy, 2005, pp. 12-35). The operational responsibilities are in line with the organisationââ¬â¢s mission. The manager also deals with financial and administrative issues, which mainly relate to the organisationââ¬â¢s resources and how they are allocated and util ised. These include the human resource element where the manager is responsible for the allocation and distribution of staff and the tasks they handle. The third category of responsibilities in matters of compliance. It is upon the manager to ensure all the organisationââ¬â¢s activities adhere to set laws, regulations, standards, and ethics. The manager has the responsibility of implementing established policies and procedures to ensure the smooth, fair, and lawful running of the organisation. A manager usually has staff reporting to them. The interviewer asked the manager if the manager had ever had to deal with an underperforming member of staff, how the manager dealt with the matter and the result. Was there an improvement in the employeeââ¬â¢s performance? Where there was no improvement, the interviewer asked about the steps the manager took.
Thursday, October 17, 2019
Group Dynamicss Essay Example | Topics and Well Written Essays - 1750 words
Group Dynamicss - Essay Example They help generate group synergy, which lead to increased accomplishment above the aggregate of individual efforts. This paper presents a team outline of the principal team within which I work. It also provides a description and analysis of the roles of the team members with reference to the Meredith Belbin team/group work role theory as discussed in taught sessions and supporting reading materials. This paper also presents an ongoing reflection of my own teamwork skills which recognises my individual strengths and weakness. It presents a reflection on my strengths and weaknesses in terms of communication with others including giving and receiving feedback. Finally, it presents a conclusion of the findings from literature and discussion underlined. A team outline implies to an arrangement of a single team or multifaceted team structure. According to Gillespie and Chaboyer (2009), a team outline is a fundamental part of a teamwork development. A suitably outlined nursing team entails a proper framework that facilitates a characteristic care plan, intervention and treatment. Additionally, it entails a useful integration of operational communication, leadership, situation evaluation and joint efforts. According to Nancarrow, Moran, Enderby, Freeman and Dixon (2009), an appropriate team outline, in a nursing environment, can advance joint effort by integrating a selected leader, which includes the patient, care givers and the family. Over and above join efforts helps every group member to take part in the activities of the team and further fosters accountability in memberââ¬â¢s actions. Gillespie and Chaboyer (2009) claim that everyone in a teamwork setting must identify their team outline in order to help plan and achieve the set goals or objectives. The following is an outline of the principal team within which I work: nurse manager, director of nurses, patient, physician, doctor, pharmacists, clinical care providers, staff nurses, ethics committees
Human resources and conflict management Essay Example | Topics and Well Written Essays - 1000 words
Human resources and conflict management - Essay Example Theoretical knowledge is extremely important in identifying the needs of the people and organization as well as the nature of the conflicts. My father has an appliance repair business and around 35 employees are working in our business. These employees are working in various departments such as servicing or maintenance, pickup and delivery, customer care, billing, sales etc. Moreover, people from different cultures are different nationalities are also working in our business. This paper analyses how human resource management and conflict management concepts I learned from my classes can be effectively applied in our business as well as in personal life. ââ¬Å"Equal opportunity employment refers to the approach of the employers to ensure the practice of being fair and impartial in the employment processâ⬠(Equal employment opportunity, 2007). In my organization, we are keen to avoid cases of any kind of employment discrimination. We normally respect merit rather than the colour of skin or gender differences while recruiting and promoting employees. At the time of recruitment of employees, we value the academic achievements, technical skills, communication abilities decision making abilities and problem solving skills of the candidates rather than the culture, race, skin colour or gender of the candidates. ââ¬Å"Employee benefits are all forms of consideration given by an enterprise in exchange for service rendered by employeesâ⬠(Employee benefits, n.d., p.165). It can be divided into two categories; short term benefits and post- employment benefits. Wages, salaries, incentives, etc come under short term benefits whereas benefits given at the time of retirement or after the retirement are labeled as post-employment benefits. We have arranged a contributory pension plan for all the employees working in our organization. We deduct 10% from the basic salaries of each employee and deposit 20% (10% from employee salary +10% from our account) in the name of
Wednesday, October 16, 2019
Group Dynamicss Essay Example | Topics and Well Written Essays - 1750 words
Group Dynamicss - Essay Example They help generate group synergy, which lead to increased accomplishment above the aggregate of individual efforts. This paper presents a team outline of the principal team within which I work. It also provides a description and analysis of the roles of the team members with reference to the Meredith Belbin team/group work role theory as discussed in taught sessions and supporting reading materials. This paper also presents an ongoing reflection of my own teamwork skills which recognises my individual strengths and weakness. It presents a reflection on my strengths and weaknesses in terms of communication with others including giving and receiving feedback. Finally, it presents a conclusion of the findings from literature and discussion underlined. A team outline implies to an arrangement of a single team or multifaceted team structure. According to Gillespie and Chaboyer (2009), a team outline is a fundamental part of a teamwork development. A suitably outlined nursing team entails a proper framework that facilitates a characteristic care plan, intervention and treatment. Additionally, it entails a useful integration of operational communication, leadership, situation evaluation and joint efforts. According to Nancarrow, Moran, Enderby, Freeman and Dixon (2009), an appropriate team outline, in a nursing environment, can advance joint effort by integrating a selected leader, which includes the patient, care givers and the family. Over and above join efforts helps every group member to take part in the activities of the team and further fosters accountability in memberââ¬â¢s actions. Gillespie and Chaboyer (2009) claim that everyone in a teamwork setting must identify their team outline in order to help plan and achieve the set goals or objectives. The following is an outline of the principal team within which I work: nurse manager, director of nurses, patient, physician, doctor, pharmacists, clinical care providers, staff nurses, ethics committees
Tuesday, October 15, 2019
Three questions of Hillel Essay Example | Topics and Well Written Essays - 500 words - 6
Three questions of Hillel - Essay Example These are inspirational words for me as they motivate me in working for the best interest for myself and the people around me. After being advised with these sayings, I felt that if I have to achieve something in life and make my life good, I will have to work towards it myself and when ill work hard to achieve my aims and objectives, I will be helped by God in achieving those aims and objectives. These sayings even helped me learn that I should not only focus upon my own self interest and should even take into consideration the interest of others while conducting any activity and this behavior of mine will be liked by God. The end of the saying which states that individuals should act instantly in the right manner and not wait for the right time as the right time is not in the future, instead it is right now. I gained this advice at a very early age and I learned that I should act in the right manner and in a virtuous manner during my youth and should not wait for my adult ages to d ecide about my action plan. These sayings were put in the form of questions by Hillel because he wanted individuals to ask these questions from themselves when ever they are under the situation of making a decision. These sayings have always been the guidance of all the decisions I have ever taken. While taking any decision that might result in effecting me along with others around me, I have scrutinized options in accordance to these sayings. These sayings have provided me a step by step guide to solve any problem. When ever I face a decision making situation, I first analyze what are my interests and how can I safeguard my interest. While pursuing my personal interest, I ensure that the interest of the others is not compromised and once I select an option that is viable for my self interest as well as the self interest of others, I take actions.
Julius Caesar and Other Assassinations Essay Example for Free
Julius Caesar and Other Assassinations Essay Former President Jimmy Carter said ââ¬Å"We will not learn to live together in peace by killing each otherâ⬠¦Ã¢â¬ (Jimmy Carter ââ¬â Nobel Lecture). This statement is supported by the countless events of history and the many accounts of death from the past. Death is a natural but heartbreaking event affects all who were once close to the now deceased. But the reaction of the people who knew the dead may react differently to the incident. The moment we humans take our first breath, our death begins but for many people the time is not right. The response of a population is greatly dependent on the reasoning of the death. Murderous acts are committed for different reasons that infect the mind of those who carry out such an inhumane action. The murder of a powerful Roman is forever reenacted in the play, The Tragedy of Julius Caesar, written by William Shakespeare. The clashing art of betrayal and loyalty drive the characters to war. In the last century, the murders of two political figures around the world emulate the death of Julius Caesar as it is portrayed in Shakespeareââ¬â¢s play. Both assassinations of Archduke Franz Ferdinand of the Austrian-Hungarian Empire and the late former Prime Minister of Pakistan, Benazir Bhutto are similar to Caesarââ¬â¢s. The result of all three assassinations is violence that ravages the streets and civilizations of their respective areas. Julius Caesar was born near July 13, 100 B. C. and grew up to a family of politics. An early introduction to politics helped Caesar gain his reputation in Rome as a potential official. At the same time that Caesar was presenting himself as an official in the Roman Senate, he displayed a powerful, deadly reputation as a general. Caesar was captured on his route towards Rhodes, in the attempt to become a better orator which would help him politically. He manipulated his captors to the point where they were doing his biddings (Bio. True Story). Then when he was let go, Caesar raised a navy and arrested the pirates that held him captive; he crucified them for their effort to keep him in custody (Bio. True Story). Upon his return back to Rome, Caesar was elected praetor which was the first political office one could hold in Roman society. Caesarââ¬â¢s political rising would gain momentum with the help of marrying prominent women and victories in battle. Caesar defeated many armies during his rise to power. Over a span of 13 years he defeated a number of separate armies. Capturing Gaul and defeating the praised Roman, Pompey, added to Caesarââ¬â¢s popularity among the people of Rome. Shakespeareââ¬â¢s play begins with the people praising Caesar as he returns from his success against Pompey (Shakespeare 1. 1). But not everyone in Rome is celebrating Caesarââ¬â¢s return. Caesarââ¬â¢s friend and a Roman official, Brutus, as well as Cassius, Cinna and others, is planning a coup to assassinate Caesar. The heedful soothsayer warns Caesar of the Ides of March but Caesar completely disregards his counsel. The blithe Caesar is too euphoric with the praise he is receiving from the people that he disdains the soothsayer. And the conspirators plan is executed with on the Ides of March. Caesarââ¬â¢s death is imminent since the beginning of the first scene and he is killed with the conspirators stabbing him at the foot of Pompeyââ¬â¢s statue (Shakespeare 3. 3). Caesarââ¬â¢s friend, Mark Antony, is given permission to speak to the people on behalf of Caesarââ¬â¢s side of the happening and his lament persuades the people of Rome to turn against the conspirators. The conspiratorsââ¬â¢ actions are committed based on an alleged ââ¬Å"ambitionâ⬠that would later consume Caesar but Antony provided facts to counteract their argument. The people begin to ravage the Roman Empire after Antonyââ¬â¢s mourning speech. Chaos runs through the streets and there is no way to assuage this rampage. The angered population of Rome roams the streets killing hundreds of innocent people, along with government officials. They will find a reason to kill, an example being the murder of Cinna the Poet just because he shares the name with Cinna the Conspirator (Shakespeare 3. ). The assassination of Julius Caesar destroys Rome and causes a war. Rome is a headless chicken; it is running amok without any cerebration. Not only is there anarchy in Rome, two opposing armies are being raised. Antony, along with Octavius and Lepidus, is building his army to oppose the burgeoning armies of Brutus and Cassius (Shakespeare 4. 1-2). The aftermath of Caesarââ¬â¢s murder has Rome destroyed and the government corrupt. A little less than two thousand years later, another European murder changed the world. Treaties between all the European powers of the late 1800ââ¬â¢s and early 1900 kept peace between the countries but tension quickly arose in Eastern Europe. Austria successfully annexed the two provinces, Bosnia and Herzegovina, with a cash settlement given to Turkey. But Serbian Empire did not agree to this because they wanted both regions as their own territories (Sowards). This annexation led umbrage in Serbia and unfortunately a murder for the heir to the Austria-Hungarian Empire. The Austria-Hungarian Empireââ¬â¢s heir to the throne, Archduke Franz Ferdinand was scheduled to visit Sarajevo for a military inspection in the city (History. om). He and his wife, Sophie, arrived in the Bosnian capital, Sarajevo, on their anniversary date (History. com). They, alongside his motorcade, left the army camp with the intent of going to City Hall. But as they approached City Hall, seven assassins (six who were armed) proceeded onto the sidewalk adjacent to the route the Archduke was on. Bombs were thrown and exploded on the street but nothing injured Ferdinand or his wife. One of the cars in Ferdinandââ¬â¢s caravan and several pedestrians were injured but he continued on. But, his auspicious trip in Sarajevo ended on the route back from City Hall. One of the assassins, Gravelo Princip, was present during the unfortunate mistake of Ferdinandââ¬â¢s driver. He had turned on the wrong street and in the undertaking of reversing allowing Princip to approach the car (Sowards). He fired two shots: one hitting the Archduke in the neck and the other penetrating Sophieââ¬â¢s stomach, causing her to die instantly (ââ¬Å"World War Oneâ⬠). This murder caused a disastrous chain of events that had the globe at war. Austria was able to put the Serbian government responsible for the crime because the assassins were a part of a Serbian group. But Serbia had allies through treaties with Russia while Austria-Hungary had ties to Germany. Along with Russia came France because of their alliance and France carried in Britain. Within a few weeks after Ferdinandââ¬â¢s murder, Europe erupted in conflict. The middle of Europe was in arms against both the eastern and western fronts. Associations with other countries brought all of Europe into the war (Sowards). The United States was later dragged in to keep trade alive with France and England. All hemispheres were present on the battlefield, later ending in one of the deadliest wars in all of history. Just as in The Tragedy of Julius Caesar, the death of an official led to a war. Political problems are the reason for wars and other international affairs. But political problems do not always solely create problems internationally, but also in individual countries. In recent years, the Middle East has been in political turmoil. Terroristic groups are running corrupted governments and late former Prime Minister Benazir Bhutto has fallen victim to them. Bhutto was a precocious girl having attended Harvardââ¬â¢s Radcliffe College and soon after at Oxford University in England. Her family was downgraded when her father was hanged under the new government that had just taken power upon her return (ââ¬Å"Benazir Bhuttoâ⬠). She also experienced the arbitrary persecution of the government ruled by the military when she was arrested many times. She protested the government as often as she could but she always fled to avoid persecution; Bhutto would return to England after being released (Benazir Bhutto). Then in 1988, she became one of the youngest persons to hold the office as Prime Minister, as well as being the first woman to take the position. Two years later, she was removed from office after another corrupted leader won the presidency. Reelected in 1993, she was only in office another three years until the president again dismissed her from being the Prime Minister for Pakistan (ââ¬Å"Benazir Bhuttoâ⬠). She was later sent into exile for more than ten years (ââ¬Å"Benazir Bhuttoâ⬠). Later she returned in 2007 to help her political party campaign. Unfortunately terroristic activity attacked her at rallies where more than 100 people were killed. The last two murder attempts left Bhutto dead in her limousine with a bullet wound to the neck (ââ¬Å"Benazir Bhuttoâ⬠). She was pronounced dead at the hospital two miles away from the devastated scene. There are many conspiracies behind the assassination but the terrorist who killed Bhutto detonated a bomb that was strapped to his body as soon as he killed her. Immediately after the proclamation of her death, supporters filled the hospital. Bhuttoââ¬â¢s casket was carried down the halls and stairs of the hospital high over the heads of those who mourned her death (ââ¬Å"Benazir Bhuttoâ⬠). A former Prime Minister before Bhutto states ââ¬Å"â⬠¦ [Today] is the saddest day [in Pakistanââ¬â¢s history]â⬠(ââ¬Å"Benazir Bhutto Assassinatedâ⬠). Riots broke out all over Pakistan from the streets of Karachi to just outside Bhuttoââ¬â¢s hospital. The entire country was being destroyed due to the peopleââ¬â¢s reaction to the murder. The police were given the permission to open fire on any protestor potentially violent (The Guardian). The chaos that was present in the streets was so dangerous that citizens were advised to stay home (ââ¬Å"Benazir Bhutto Assassinatedâ⬠). The riots that happened in Pakistan were very similar to the riots in The Tragedy of Julius Caesar; it was not safe to be outside and even more dangerous if you had some relation to the murderers. Pakistanââ¬â¢s corruption was then put into the spotlight even more than it was before because of this murder. The chance of freedom that Bhutto brought with her into office ended once the bullet ended her life. The act of mourning can quickly turn violent in the attempt to avenge someoneââ¬â¢s death. Reacting cursorily without thinking heedfully is dangerous because in all three cases of the people of Rome in Julius Caesar, the countries that started World War I after Franz Ferdinandââ¬â¢s death and the people of Pakistan created havoc and destroyed their own homes. There will always be resentment towards people with power depending on oneââ¬â¢s point of view. Of course there will be opposing viewpoints and radicals will take it to extremes so that their side will come out victorious. But these differences do not change the fact that what happened was completely wrong. Assassinations of political figures ruin the families and friends of the deceased, along with the country they are from. It becomes a national tragedy for many. Violence only begets violence.
Sunday, October 13, 2019
The Green Party | Political Analysis
The Green Party | Political Analysis The emergence of the green movements was related to a shift to post-materialist values in advanced industrial societies, especially in Europe (Muller-Rommel, 2002). Aiming for better quality of life and self-fulfilment, the green agenda was originally focused on single issues like provision of park tracks, urban renewal, high-way construction, nuclear energy and cruise missiles in the 1980s. During the period of 1980 to 1984 there were Green Parties in twelve Western European countries with which started to successfully perform in the parliamentary system, including national government (Muller-Rommel, 2002). During the 1970s, Green Parties were founded in more countries like Europe, Australia, Brazil, the USA and Ukraine (Doherty, 2002). Although the first Green Parties were established in Tasmania (1972), New Zealand (1972) and Britain (1973), they were not considered as successful and remained small and weak in their political performance. Although the different green parties were all based on the same basic principles, their evolution, progress and electoral success vary widely between different countries. As table 1.1 shows, Austria, Belgium Finland, Germany, Italy, Luxembourg, Netherland, Sweden and Switzerland identified as the countries with more successful Green Parties. Green party success is a multi-variable phenomena (Richard). Existence, electoral and parliamentary power of green parties , their electoral success and environmental consciousness are vary widely between countries (Rich). Factors behind the differential success Although many theories have been put forward to discuss this variation of success, most of them consider electoral success rather than the success as a whole. New social movements, new class accounts and post materialism (Carter, 2007: 88) are the three major theoretical attempts to explain the green party development but failed in explaining the differential success (Carter, 2007). New social movements are students, peace , antinuclear, feminist and environmental movements that are responsible for protest campaigns that swept Western Europe from 1960s (Carter, 2007). New class accounts justify the new politics targeting basic changes in economic and social structures of capitalists society in post war era (Carter, 2007: 88). Democrats in industrial countries shift away from material concerns for economy and security to post-material concerns such as a concern for liberty or for the environment is explained by the post materialism. However, the Political Opportunity Structure (POS) t he dimensions of the political environment that either encourages people to use collective action or discourage them from doing so, and which shape the development of movement explains the variation in success in aspects of structure, culture, electoral system and party competition. (Carter, 2007:88) Rich () identified the environmental consciousness with an identified political action which is appropriate to the individual state agenda, as the fundamental factor of the development of a green party is success. He further explains that the progress of green parties from 1970s 1980s was based on their understanding, that pressure group activity and personal spirituality are not substitutes for political actions. In Harmel and Robertson (1984); Hauss and Rayside (1978) Cleavages or strains; institutional factors, such as characteristics of the electoral system and centralization of the government; and more directly political factors, such as the position of trade unions and the configuration of existing party competition were identified as factors behind differential success. As a main dependent variable in green party success electoral success is determined by their capability of reaching a given vote or a seat threshold (Mà ¼ller-Rommel,1994: Kitschelt 1988). In a successful party it should not be limited to a particular election but stable and consistent over a considerable period (Bomberg, 2002). However the recent attention of this analysis is more towards the party behaviour within the government (Mà ¼ller-Rommel, 1994). It was argued that, as existing parties fail to meet new requirements of material wealth, considerable changes in the industrial formation, modifying living standards, and the increase of postmaterialist values, Green Parties gain a better opportunity to establish their selves in political and social arena (Inglehart 1990). Analysing the green party evolution of Germany, Britain and France is critical to clear understanding of this differential success due to their contrasting behaviour. German Greens The German Greens were neither the first green party nor the first greens that entered a parliament (Redding and Viterna,1999). However, it is highlighted in the literature on green party evolution due to the early success which inspired the rise and spread of green parties globally and due to the formation of a red-green coalition (Muller Rommel and Poguntike, 2002). The four pillars of Green parties Ecological wisdom, Social justice, Grassroots democracy and Nonviolence introduced by German green party in 1979 to 1980, are fundamental to the world wide green parties. Unquestionably, Die Grunen in the Federal Republic of Germany was the most successful green party in Europe (Oneill, 1997; Muller Rommel and Poguntike, 2002). The German Green Party Die Gruenen was established in 1980. It emerged from the new social movements of the 1960s and 1970s. It was mainly the peace movement, the womens movement, the anti-nuclear movement and the ecology movement that contributed to the foundation of the party. The early Greens focused on protest campaigns regarding issues like nuclear power, Pershing and Cruise missiles and acid rain (Carter, 2007).. Proportional representation of electoral system and open POS of Germany helped German greens to enter the political system (X). As it refunds the cost of election campaign for parties who earn more than 0.5 % votes, the electoral system of the Germany encouraged the arrival of greens into politics. Consequently, green party was able to work on election campaign without drawing a rich sponsor (carter, 2007). Although Germany was governed by the SPD from 1969 to 1982, the social-democrats failed to resolve the conflict between environment and economic interest groups and respond to new political demands raised by the green movement. This failure was one factor of the electoral success and establishment of Die Gruene in the German political arena (X). . In the 1983 federal elections, Die Gruenen gained 5.6% of the votes and won 27 seats in the national parliament. Though the 5% threshold value of electoral system makes harder to small parties to entering the parliament, German Greens were able to be the first Green party entering European national legislature achieving that barrier (X). This experience enabled Die Grunen to gain national media attention and build up financial resources, parliamentary skills and political credibility, as well as to expand their popular support (Frankland 1995: 27). With all the publicity and their strategies, German greens managed to increase their votes in the 1987 federal election and was able to won 8.3% of the votes (X). The federal election of 1998 was an important milestone in their history as they participated in a new federal government in an unprecedented coalition with the social-democratic party (Rommel and Poguntke, 2002). To analyse if the greens were successful in this coalition, it is crucial to assess their negotiation with the coalition partner, the strategies they applied to influence government policies and their conflict resolution strategies (Rommel and Poguntke, 2002). In contrast to countries like Denmark, Sweden and the Netherlands, the absence of a communist party after 1956 facilitated the establishment of greens in Germany. The Greens filled up the gap of a left political party (Richard) and X. With this progress western Germany could win 8.8% in 2005 and more success than 5% of East Germany (Carter, 2007). Another challenge the Greens were confronted are the internal conflicts between two opposed internal factions. Fundis members adhere to green principles without any compromise while Realos are more pragmatic and willing to adopt party strategies to be more successful X). However, wise conflict resolution and proper leadership could drive the party success (Carter, 2007). British Greens Britain Green party People was the first European Green party established in 1973 (Carter, 2007). This party was based on the Blueprint for Survival which consists of four principles; human survival with minimum disruption of ecological process, the maximum conservation of materials and energy, a population in which recruitment balanced loss, and social system which the individual citizen was content with (Oneill, 1997). Despite that attempt of demonstrating their environmental consciousness they could obtain only 1.8% votes in 1974 general election and among five constituencies North West recorded with the highest of 3.9%. In 1975 as a pure green approach among other parties with dark green and red green fractions they have changed their name as Ecology party (Oneill, 1997). However, British Green party is considered to be having an unsuccessful fortune, compare to most of other greens with national government success (Carter, 2007; Oneill,1997). The major reason behind this regression is the British electoral system and its poor recognition of small political parties (Carter, 2007). A rather closed Political Opportunity Structure in Britain focuses more on major parties and their success and its opportunity for a smaller party is negligible (Carter). Since the British Plurality electoral system focuses on individual constituency contests between major parties, prospects for small parties to enter the parliament are rare, unless they represent a Welsh or Scottish Nationality based on geography. The financial barrier created by the British electoral system discourages small parties from contesting in elections as they need to deposit 500 pounds per candidate before election, which is only refundable if a minimum of 5% of the vote is won. The Green party faced a significant economic crisis after the general election of 1992, as they lost their deposits for all 253 candidates and did not receive any government funding (Carter, 2007). The competition by other political parties trying to draw environmentalists votes, such as Liberal Democratic, Scottish and Welsh nationalists party also created a hard time for greens in establishing their political stability. However, as an important miles stone they were able to win 15% of the votes in 1989 election (Carter, 2007). Growing public environmental consciousness, protests against the Conservative Government and fragile nature of new Liberal Democratic party are considered to be the major reasons behind this success. However, as the Liberal Democrats got more successful and materialism grew again, the Green party was confronted with a lot of obstacles and their popularity decreased (Redding and Viterna, 1999: Carter, 2007). However recent positive trend of British Green party is more likely to be satisfactory as they could secure the European parliament election and Scottish election in1999 and Greater London Assembly in 2000. Successes of 2003 and 2004 could win the seven seats of Scottish Parliament. These achievements triggered their performance in national election and won 3.37 contested seats in 2005 while saving 24 deposits. Reformation of Political Opportunity Structure of European parliament through introduction of proportional representation opened up the way for this positive trend in greens fortune in Britain (Carter, 2007). French Greens The establishment of the French greens was triggered by the anit-nuclear movement and its opposition the construction of a powerful nuclear plant under a right-wing government in 1974. The first French Green party Les Verts was formed in 1984. It won eight seats in European election in 1989. The French Greens were first elected to the French National Assembly in1997. After Francois Mitterant, was elected president in 1981, broke his promise of submitting a moratorium on the construction of a nuclear power plant, environmentalists realized the importance of forming a unique party to raise their voice on environmental problems. Generation Ecologie was the second French Green party. It was formed in1990 by Brice Lalonde, former Environmental Minister. Even though both parties were successful in the 1992 regional elections, they were unsuccessful in the 1993 national election and failed to win even a single seat. One of the major reasons why the green parties had trouble to develop stability is the Political Opportunity Structure in France. In contrast to Germany or the UK, the electoral system of France is based on two rounds of elections. There is a legislative and a two-round presidential election. 12.5% vote winners of first round can proceed with the second round. Hence passing this threshold values alone was again a major challenge for minor parties. As a mutual effort socialists and greens had to reach the target together to keep their political stability and survival in the parliament. Les Verts could again establish in 1997 through a coalition with Dominique Voyer the national speaker of the socialist government and secure the status even in 2002. In contrast to Germany, left -right cleavage of the French political system is basically a static system which constrains the establishment of a new party in the political arena. However, the decline of political stability of major parties in 1980s facilitated the entering of greens into the political arena. Although coalition used as a strategy for entering the political system it was the beginning of decline of party structural integrity. Diverse political views between members was fundermental to lots of internal conflicts and some of the main green activists left the party due to the inconsistency of the political vision. With the changes of POS under plural left alliance green party was exhausted with organizational structure, leadership and financial stability (Carter, 2007). Conclusion Evolution of green parties and the rationale behind their rise and fall vary widely between countries. However, German, France and Britain examples which have different fortunes for green parties reflect that they all bear a common pool of facts behind the differential success. National constraints that green parties confronted with vary widely between countries. Firstly the institutional structure of the state, where countries with closed system of government have more space for ideas and establishment of green parties. However openness of the bureaucracy marginalizes the green parties as in Britain. Political tradition of a country and nature of the electoral system also can obstruct or facilitate the development of green party. However, no single factor can determine the success and development of a green party or the potential of its establishment (challenge Richard). The essay supports the (X)s argument of existence, electoral and parliamentary power of green parties is proportional to the performance of green parties in national government coalitions. The actions of a green party especially ideological development, internal struggles and performance in the government, influenced on its electoral success (Redding and Viterna, 1999). The literature figure out that electoral system of the country, environmental consciousness, institutional structure of the party, financial stability and party behaviour (internal conflicts and conflict resolution) as the major factors behind the differential success of Green parties as a whole. According to Skocpol (1992) being successful as a party is lie in how social demands well within the institutional structure, especially in opportunities and obstacles. Foreign Direct Investment: Comparison of India and China Foreign Direct Investment: Comparison of India and China Foreign Direct Investment is a hot topic in most policy circles as it is associated in many instances with significant macroeconomic changes and improvements in the range of goods and services produced in recipient countries. Furthermore growth in recipient countries is often ascribed to these inflows and so competition for higher inflows of FDI has become competitive. Most of the developing and developed countries increase their economy by enhancing their share in the global market through FDI inflows. As FDI shows more impact on the countrys economy, most of the foreigners are investing their amount in other countries for improving their profits with less manpower and minimum initial cost. These inflows were easily achieved by the investors by just fulfilling their basic requirements and maintaining their policies. FDI can be used by the countries only when they meet some of the major requirements like transfer of capital, a source of funds for foreign operations, Control investmen t and a balance of payments flow (Nicolas, B., 2010). Even though the FDI inflows in developing countries are low that is nearly 5%, this shows more impact on the economy in terms of the development programs by introducing new technologies. This change will be occurred only in the surroundings of investment areas. Here, in this research the FDI inflows between India and China are studied by comparing both the countries. Further of this study clearly explains the various aspects that are considered by the India and China for increasing the FDI inflows in the global market and also illustrates the policies that are followed by China as most of the investors prefer China when compare to the India. Finally, it recommends some of the policies and the changes that need to be made by the Indian Government for improving its FDI inflows. 1.2. Aim and Objectives Aim: To study the variations between the FDI policies of Indian and China based on their inflows and overall performance of the economy. Objectives: To study the importance of FDI and the required fundamental policies for acquiring the FDI. To research on the impact of FDI inflows in India and China based on their overall performance. Identifying the possible steps for Indian policy makers for improving their FDI inflows. Statistically evaluating the comparison between India and China in terms of FDI inflows. 1.3. Purpose of Study This study mainly focuses on the Foreign Direct Investment, the role of FDI in India and China and also illustrates the comparison between these two countries in terms of FDI. This research is selected in order to know more about the investments made by the developing countries and the involvement in international financial banking markets to influence the global and political aspects. This study is mostly useful for the people who are willing to know about the role played by FDI in the fast growing countries like India and China where these two countries differs in their environmental conditions. While researching about the FDI in both countries, one can easily analyze that China is showing more interest in attracting the FDI and is leading their economy when compare to India. So in order to clearly investigate on this point, this study also focuses on the aspects and the policies that need to be designed by the Indian country for attracting the investors and also to increase the ov erall performance of the economy by raising the inflows when compared to China. 1.4. Research Context In this study the researcher is focused on the worlds largest two most populated countries: India and China with a greatest history background. These two countries are known to be fast growing countries in the world and are known for their ample facilities and environmental conditions. These two countries are economically improving their standards in terms of technology and infrastructural growth. However, China is considered to be more positive in terms of attracting FDIs and are almost leading the comparison with India. In this research the time is a biggest constrain and to understand the research physically is really a tough target for the researcher by visiting both countries to meet and interview/ survey the financial organizations experts from various locations. However it is also noticed that in India only the FDI policies are changing from place to place based on the local governments rules and regulations. All the major rules and regulations governed by RBI and Government o f India are applicable, addition to that the investing company also needs to ensure that the environmental and ethical issues are not disturbed by the foreign investors in local and urban areas of various parts of India. As an example, there are some pilgrim places of India which does not allow non vegetarian food or related items so in that circumstance neither Government of India or RBI cannot allow the foreigners to invest their amount for a restaurant or bar and etc. Similarly in China it is one of the largest countries in the world and is having different cultures and backgrounds with in the country. Hence from the above context it is understood that this research will mainly focus on the secondary data available and in some areas it can get into the help of people related to the financial and banking industry. 1.5. Research Methodology For conducting any type of research, the data needs to be gathered by the researcher where this collected information should be in such a way that it is valid and accurate. Researcher need to choose a suitable method from various research methods, by which the researcher can successfully finish the research. Generally there exist two different types, primary data and secondary data. Primary data mainly focus on the aim of the research where the researcher can easily collects the information from various methods like surveys, interviews, etc. Where as in the secondary data, the researcher can collect the data only from the sources like journals, books, magazines, online articles, etc. where the researcher need to collect the accurate data as these recourses will not focus on the aim of research (Kumar, R., 2005). Here in this research, researcher collects the information through secondary data as the main aim of this research is to compare the FDI inflows in both India and China. As t he time is the biggest constrain, it will be really tough target for the researcher to select the primary data as the researcher either need to do interview /survey with the concern persons by visiting two countries where it cannot be possible with the period of time. So, its better to prefer secondary data for gathering accurate information for the research by referring various resources. Hence, the research can be successfully completed by analyzing the collected information and drawing the conclusion from this data. Chapter 2: Literature review 2.1. Overview This chapter will provide the suitable information and required material for completing research successfully with no issues during the research process. At the same time the literature review gives a basic idea about the research problem solving background with additional material from their related background history. The growth of multinational enterprise (MNE) activity in foreign direct investment (FDI) has grown at a faster rate than most other international transactions as well as the trade flows between countries. The research literature review covers the objects related to foreign direct investment, detailed introduction and description of FDI and impacts of FDI. International Monetary Fund (IMF) has defined the FDI as an international investment of one company with the target of enduring relationship i.e. Investments made by company must exceed the equity of Target Company by 10%. The major requirements of the investors will help in faster growth of their organization which is explained by Nicolas, B. (2010) in terms of Control investments, supply of funds for foreign operations, a balance of payments flow and Capital transfers. 2.2. Brief History and background of Foreign Direct Investment In the present world, there exist various investment techniques for the corporations for increasing their growth. If these industries lacks in making right decisions in their investment then it may lead to reduce their growth and their level in the global market. So, many of the countries prefer Foreign Direct Investment (FDI) compare to other techniques because most of the corporations get affected financially due to their investment decisions. Mostly FDI is preferred as it is considered as an integral part of an open and effective international economic system and also referred as the major catalyst to development (OECD, 2002). In the present market, USA stood a number one position in FDI flows. According to Nicolas Breitfeld (2010, p.1), Foreign Direct Investment (FDI) is defined by the IMF as an international investment of one company with the intention of lasting relationship. Foreign Direct Investment (FDI) plays an important role in the financial sector. Generally most of the countries believe that increasing the international linkages through FDI is an important feature of financial globalization and elevates the major challenges for statistics and policymakers in industrial and developing countries (Neil, K. P., 2004). Further of this section, it clearly discusses the views of authors on FDI, the importance of FDI and mainly focuses on the issues that are being faced by the countries while introducing the FDI. Even-though authors define Foreign Direct Investment (FDI) in different ways based on their research it is mainly mend to development on countrys and globalization. Some of the authors views on FDI are discussed below: According to Organization for Economic Co-Operation and development (OECD) (2008, p.62), Foreign Direct Investment (FDI) occurs when a business located in one country (the direct investor) invests in a business located in another country (the direct investment enterprise) with the objective of creating a strategic and a lasting relationship. Here, the author suggests that occurrence of FDI exists only when the business persons invests their money in another country. They invest their income in another country by making some rules and regulations in their relationship. But according to Alexander, L. and IMFD, (2002), foreign direct investment defined as the integration of three components which are illustrated below: The branch profits need to be distributed and divided in equity without any holding withholding taxes. Accrued interest need to be paid to the direct investor by the direct investment enterprise, this can also be referred as income on debt. Earnings are reinvested in proportion with the direct investment stake. In this context, author says that the investment and the interest benefited by the business people need to be redistributed in an equal proportion among the investor and the direct investment enterprise. At the same time, Neil, K. P. (2004, p.3), discusses that according to BPM5 (Balance of Payments Manual) FDI defined as a category of international investment that reflects the objective of a resident in one economy (the direct investor) obtaining a lasting interest in an enterprise resident in another economy (the direct investment enterprise). Ãâà Here, the author discuss that FDI indirectly affects the economy of another country as the other country invest their income on another country for gaining interest on their investment. Even though the opinions and views of the authors differs in defining the FDI but all the authors focus on only one point that is the benefit dragged by the investor and the direct investment enterprise. These investors of get benefited globally with FDI on the interest on their investment and also increases their international linkages with the industries established in another country. Ãâà 2.3. Impacts of FDI Foreign Direct Investment is considered as a driver of economic growth and development for developing countries which often lack the technology or capital to promote sustained economic growth and development. Mostly, FDI is considered as one of the major drivers of globalization as it continuously raises with the high growth rates before the financial crisis hit the world economy. The way through which FDI promotes economic growth and development to the countries is contentious because there is no definitive evidence and lags in supporting the literature. Even though there is no empirical evidence in representing the impact of FDI on the countries there are some theoretical explanations from which one can easily analyse the impacts of FDI on developed and developing countries. According to Bora, B. (2002, p.168), FDI flows were increasing rapidly much more quickly than international trade flows, which in turn were increasing faster than world GDP. Laura Alfaro (2003) says that FDI of fers great advantages to host countries because many of the academics and policy makers argue that there exists a most important positive effect on the development of host countries. FDI not only acts as the source of the valuable technology but also helps the countries in developing the linkages with the local firms that indirectly helps the country in raising the economy. Due to these reasons, most of the developing and industrialized countries offer incentive for encouraging the FDI in their economies. The environmental impacts of foreign direct investment may be positive, negative or neutral based on the institutional and industrial context. Gorg and Greenwood (2002) comes under a conclusion that the effect due to FDI is negative by reviewing the information from the foreign-owned to domestically owned firms. But Lipsey (2002) supports the positive benefits in preferring FDI. FDI flows attained a new record level right from the year 1990 to 2000. Then, from the year 2001 the gro wth in the investment failed and the later years it saw a steady and steep decline in global FDI flows. , Figure: Shows trends in global FDI flows during the year 1991 to 2003 (FDI, 2007, p.7). FDI affects the economic growth of the country in various aspects like it raises the formation of human capital, provides a facility to transfer the technology between the host countries and also stimulates the domestic investment. The relationship between the impact of FDI and economic growth can be easily analyzed with the help of production function and also with the other variables that affect economic growth such as domestic, trade, labour and capital (Falki, N. 2009). Production function was done based on the endogenous growth. According to Kumar, N. (1998, p.112), Direct investment was thought of mainly as a flow of capital, possibly replacing local capital or possibly representing marginal additions to the host countrys capital stock, followed by the necessity of financing dividends and interest, and possibly repatriation of capital. Some of the authors studied on the impact of FDI on economic growth in developing countries where those opinions are illustrated below: Authors views on Does FDI promote Economic Growth in developing countries S.No. Authors name Researched during the year Does FDI promote Economic Growth in developing countries (Yes/No/May be) Explanation 1. Balasubramanyam 1996, 1999 May be Requires open or neutral trade regime 2. Borensztein 1998 May be Depends on education level of workforce 3. De Mello 1999 May be Depends on degree of complementarily and substitution between FDI and domestic investment 4. Graham and Wada 2001 Yes Raised per capita GDP in Chinese provinces with FDI concentration 5. Graham 1995 May be TNCs market power can generate negative impacts 6. Loungani and Razin 2001 May be Risks 7. Lim 2001 May be Depends on tax incentives, regulatory and legal impediments, macroeconomic instability 8. Marino 2000 May be Requires open trade and investment policies 9. Mallampallyand Sauvant 1999 May be Requires human resource development, information and other infrastructure 10. Markusen and Venables 1999 Yes Raises productivity and exports of domestic firms, generates spillovers 11. Rodrik 1999 No Reverse causality: TNCs locate, rather than drive growth, in more productive and faster growing countries Table: Shows the authors explanation on Does FDI Promote Economic Growth in developing Countriesthis is a question? (LyubaZarsky, 2005, p.25) From the above table, it can be understood that out of 11 authors, only 2 authors support that FDI promotes economic growth in the developing countries as they explain that it raises the productivity, exports of domestic firms and stated a practical example that it raised the percapita GDP of china government with the help of FDI. Rodrik, opposed the views of the other authors on supporting the FDI as based on their research. From Rodrik research, it has been stated that it doesnt shown impact rather it was derived as a reverse causality. Apart from these three authors, the remaining 8 authors were in a dynamo whether to support the FDI or not because all these authors states that the impact on FDI on economic growth depends only on the circumstances that the author considers but not on any other aspects. For example: FDI shows more impact on economic growth only when the government fulfil some basic needs such as require open trade, investment policies, human resource development, i nformation, other infrastructure, etc. If these requirements are fulfilled by the government then automatically it get benefited with the FDI but if it fails in reaching those needs then it may face some risks due to the policies and the agreement between the countries. Hence, it can be stated that impacts of FDI directly depends on the situations and circumstances that are being considered by the government. By tightening of international financial conditions will have as awful effect on inflows of FDI. In the recent years, this has been main source of assets for many countries (U. N. Staff. 2009).FDI shows more effect on the economic growth of the countries as it provides various benefits to the countries that acquire FDI are illustrated below (Khan Arshad, 2007): Introduces the latest techniques and technologies of marketing and management with the help of FDI, the developing countries can know more about the latest techniques and the technologies that are being used by the developed countries. By acquiring and implementing these latest technologies in the developing countries, to some extent it can increase its growth in terms of economy. Exploitation and utilization of local raw materials usage of raw materials in the countries will be increased by exporting these excess materials to other countries and get benefited with them by importing other raw materials from other country which are shortage in their countries. Can be easily access to the new technologies as there will be a rapid flow between the countries, each of the country can know more easily about the other country and their religion. Based on this analysis, it can assess and access the technologies in their own region by making contract with the other countries. Financial flows between the countries Foreign inflows between the countries are used for financing current account deficits. The finance flows between the countries are transferred in the form of FDI where it doesnt generate interests and repayment of principal but internally raises the human capital stock through job training. Chapter 3: Empirical Literature on FDI based on INDIA and CHINA 3.1. Effects of FDI on all other countries when compared with India and china The existence of a strong negative relationship between trade share and country size was supported by the literature on trade and development. Country size and trade ratio are inversely proportional in size (larger the size of the country smaller is the trade ratio), the foreign trade, investment, and technology transfer between countries will directly affect the degree of sincerity and competitive pressures emanating from abroad (Pieter, B. 2007). Thus, the impact of these competitive pressures would be much less in a large country such as China and India than that among other East Asian NICs. In recent years china had recognized its need towards foreign trade, investment and technology with the aim of modernization, nothing like the Third World developing countries (India) that impoverished foreign capital. 1984-85 1994-95 1999-2000 2004-05 2006 2007 World 2.2 4.8 18.3 9.0 12.9 14.8 Developed economies 2.1 3.9 19.1 7.7 12.80 15.6 Developing economies 2.8 8.1 15.8 11.9 12.5 12.6 Developing Asia 2.3 7.9 12.1 9.9 11.0 10.6 East Asia 1.9 9.0 14.8 9.3 8.7 8.6 China 1.8 15.9 10.4 7.7 6.4 5.9 South Asia 0.2 1.7 2.4 3.3 6.2 5.7 India 0.1 1.7 2.7 3.1 6.6 5.8 Table 2: shows FDI inflow as percentage of gross domestic fixed capital formation (GDFCF), 1944 -2007. (Source: Prema, C. A. 2009, p.379) The average annual level of FDI inflow for developing Asia had raced sharply from US$ 19 billion during 1984 1985 to US$ 500 billion till 2007, at the same time share to developing countries have raised from 15.1 to 17.4 percent which is shown in the above table. The gross domestic fixed capital (GDFCF) as a share of FDI inflow is higher for all the developing countries in the period 1984 1996 and reversal due to the Asian financial crisis during 1997 98. FDI inflow for developing Asia with the average FDI/GDFCF ratio during entire period 1984 2007 is approximately 9 percent and 7.1 per cent when compared with all the developing countries at the same time the global average is 7.4 per cent. China is the recipient country of inward flow and the largest developing country from past two decades where it has been investigated a theoretical increase in inflow with in developing Asia. Among all the countries china was in the second position for total FDI flow as per the ASEAN countries , with increased average annual level of US$ 3 billion during 2000-2007, and from the year 1980 to 1997 almost before six years china was in the second half with US$ 30 billion which was the onset effect of financial crises from 1997-98, due to decline and with determination from about US$ 35 billion per annum before the year 1997 to an annual average of about US$ 24 billion between 1997-79. Establishment of export-oriented industries is heavily concentrated by chinas FDI, there observation on the share of FIEs for total exports in transition economies of china is two percent of expended persistently before 1980 and approximately 60 percent by the year 2006. India process to increases FDI participation in export- oriented activities which had remained at a outlier region of FDI whose one/third FDI during the independence in 1947 was a major amount of stock as a primary sector with plantation, mining and oil at the same time one/forth was the manufacturing and all the remaining stock s are in services, mostly trade, construction, transportation and utilities. The inflow started increasing in manufacturing from 1960s although with a divestment from this sector of FDI, since, low-wages, low skilled manpower are the Indias huge supply it can attract garments and other simple assembly activities which would indirectly favor the heavy foreign investment industry thus primarily focusing towards domestic market. From mid 1990s a slight increase in software is observed as well as significant competition with the world market at industrial production was not notable (Park, J. H. 2002).some of the difficulties which are to be faced and over come for fast development of the country . India faced many difficulties to attract foreign investors in both products and services market now it is only success to service industry of IT mainly. In order to overcome these difficulties to stimulate domestic demand this is given in three steps: The interest rates should be competitive in RBI. Value added tax (VAT) are to be implemented. Reduce the budget deficit through government. Figure: shows the financial states of India and china GDP the total chinas financial assets is approximately 220 per cent of GDP at the same time Indias financial assets is 160 per cent, countries savings and investment is the great strength for chinas financial system and Indias financial system is outside occur in savings and investments (Sources: Slide share 2008, slide No:18). 3.2. Fundamental policies of FDI India followed market-distorting policies on both foreign and private investments thus with this estimation about barriers for imports and exports are analyzed. Thus it become necessary to control the production and distribution as well as administered price controls etc. The impacts of opening up policies are likely to open up with foreign trade, investment and technology transfer, which would be much less in large countries of china and India when compared with all other East Asian NICs. Chinas opening policies in recent years is the success story with the favorable impact is not only for small economies but also for all large continental economies. China and India may not suffer from a large country constriction for adopting the export-oriented, outward-looking development strategy considerably (Park, J. H. 2002). The reformist policy is to fill the domestic savings gap which is necessary for economic development with foreign capital inflows, along with other goals in advanced for eign technology and managerial skills, and to promote exports to increase the foreign exchange earnings of the country. Due to open-door policy Chinas trade and inflow of foreign direct investment and loans are impressive, thus within a very short time china became a major exporting country, and an export competitor with the East Asian NICs (Newly Industrializing Countries) and ASEAN (Association of Southeast Asian Nations) countries in the Asia Pacific region. The opening policies in china have contributed to the countrys economic growth and development considering all domestic economic events. The Indias economic reforms undertaken in 1991 in light of Chinas experience with the export-oriented, foreign direct investment strategy for economic growth and development which has been examined with superiority of export-oriented, outward-looking development strategies. Thus China can provide important lessons and policy implications in economic development for all Third World developing countries like India. The success story of china open to worlds economy made it ideal for studying the relationship between trade and development as well as for testing the validity of export-promoting development strategy. 3.3. Historical Background and National Goals 3.3.1. History of FDI in India The generational explanation of history is given as follows after Indias independence: during 1947 to 48 there was the British owned the private foreign capital through the national policies resolution which is Swadeshi movement Industrial policy. In the next generation i.e. from 1949 to 1953 foreign investments where far away from trio of domestic business house with foreign capital as well as with the government nationalist sentiments. The second Economic plan was launched in 1957 as industrialization through import substitution and encouraging private investment. Some of the selected industries got foreign collaboration and JV mostly manufacturing companies which are retained participation in India FDI since 1960s, the devaluation of rupee encouraged the socialist idealism banks and foreign oil majors nationalized after late 1960s. After almost 8 years in 1968 the foreign investment board had encouraging investments on there own terms and conduction. In the year 1973as per the F oreign Exchange Act (FERA) which launched a new article that all firms should come together for their foreign equity, holding 40% of foreign equity to be considered as Indian companies due to which IBM as well as coca cola is exited. After seven years of strict vigilance on FDI, from the year 1980 licensing procedures were liberalized to softened, technology transfer and royalty payments relaxed, foreign investment was encouraged wherever possible. During 1900-s rupee value got down, withdrawal of NRI money, India turned to IMF; there was liberalization on trade regime and regulatory frame work. Many of the industries were invited by FDI and in some cases limit was increased from 51% to 100%. The service sector was again opened for FDI. The political instability after 1995 had started but a perception towards FDI had changed due to changes in government kept focus on FDI. 3.3.2. History of FDI in China China has joined the joint venture with other countries in the year1979, and by the year 1986 china became fully foreign owned enterprise. It was divided into four zones namely Shantou, Shenzhen, and Xiamen in the year 1980. After four years in 1984 it was found that chinas economic zone has fourteen cities and whole china combined by late 1900s. There was a rapid economic growth in reform period due to profusion of labour and its low costs, Rapid expansion of Chinas domestic market at the same time plays important role of overseas Chinese for increasing integration with world economy. The marketing effects are generally obtained by imports and exports in both bilateral countries. FDI is very essential for developing countries for Off setting the capital deficiency, Acquiring advanced technology, Gaining production know-how, Promoting exports as well as to Table 2: shows FDI in India-China products Trade (in million US Dollars). (Source: Prema, C. A. 2009, p.379) The two highest population countries of the world are India and China which together contain approximately 40 per cent of the worlds humidity on an adjacent landmass in Asia. Both countries are pride in birthplace of civilization entering the era of sharing worlds greatest development problem. The underdeveloped areas of these two countries is due to huge population relative to land and other resources, around 1950s there was no commitment to national planning for economic modernization as there was new governments of China and India, led by Mao Zedong and Jawaharlal Nehru so as to eliminate poverty and raise the standard of living (Park, J. H. 2002). Approaches to Development: Some of the important characteristics shared within India and China as the wealth of people relative to other rare resources such as arable land, natural resources, and capital suggesting the appropriate strategies for development would have involved production of labor-intensive goods. Among these some are exchanged for imports of capital goods and technology as per the necessity for development. For economic development and modernization India
Saturday, October 12, 2019
American Directness and the Japanese Essay -- Essays Papers
American Directness and the Japanese American and Japanese ways of speaking are so different that they often cause culture shock to both Americans and Japanese who visit each other's country. Most Japanese who come to the United States are at first shocked and have a problem with the American direct way of speaking. Culture shock occurs because most Japanese cannot easily escape from the formula "politeness= indirectness." Compared to the American way of speaking, Japanese speak much more indirectly. Directness is considered a form of impoliteness in Japan. Therefore, when we want to be polite, we speak and act very indirectly. For example, we seldom say, "I'll go to a bathroom," except when we are with close friends. Usually, we say, "I'll go wash my hands." Especially when we are at the table or with an important person, we say only, "Excuse me. I'll be back in a minute" because we do not want to remind other people of the bathroom, which is considered a dirty place, even though it is actually clean. Also, other Japanese can infer that we are going to a bathroom from this phrase. But Americans cannot. They ask where we are going since they have no idea what we are going to do: make a phone call? buy something? Yet, in this case, these questions make Japanese frustrated, wondering why these Ame ricans do not understand our polite expression. Basically, expressing our desire directly is not considered polite, and culture shock happens to Japanese when Americans expect us to express our feelings honestly. Concerning appetite, when we are guests, we are unlikely to say, "I'm hungry." We put up with hunger until we are asked, "Aren't you hungry?" Even when we answer the question, we want to stay polite, so we never say, "Yes.... ...ure shocks to Japanese who come to the States. The difference between American and Japanese ways of speaking can cause us some bad experiences at first; however, once we get accustomed to the direct speech of Americans, it is more convenient than the Japanese way. First, we can say what we want. Second, we do not have to hesitate to tell the truth in order to be polite. Finally, it frees us from unnecessary misunderstandings. The third point makes us happy because it makes us feel we have adjusted ourselves to American society at last. Compared to Americans trying to learn the Japanese way of speech, we are supposed to have much less difficulty learning the American way. At first, it might seem to be difficult, but in a few months, we will find ourselves comfortable in the direct speech of the Americans and may be in trouble when speaking with newcomers from Japan.
Friday, October 11, 2019
The Rule of Foss V/S Harbottle
THE RULE OF FOSS V/S HARBOTTLE There are 2 elements present for this rule to happen. They are found in the case of Edwards v/s Halliwell. â⬠¢It is the proper plaintiff in an action in respect of a wrong done to a company is prima facia the company itself. â⬠¢Where the alleged wrong is a transaction which might be made binding on a company and all its members. No individual member is allowed to maintain an action in respect of that matter. This means that whenever there is a transaction within the company and there has been a decision by the board (I. e. he majority), any individual member alone will not be able to go to court. In the case of Foss v/s Harbottle: ?There were 2 members (shareholders) of the Victoria Park Company who brought an action against the companyââ¬â¢s 5 directors and promoters alleging that they had misapplied the companyââ¬â¢s assets and had improperly mortgaged its properties. ?The shareholders wanted the directors to make good the losses sustain ed by the company. The court stated that: The injury was against the whole company and the company was the proper person to sue and not the individual members.The second proposition came from this case called the majority rule: Mozley v/s Alston ? 2 shareholders tried unsuccessfully to restrain 4 directors of the company from acting as such when they should have retired under the articles. The court refused to permit the shareholder to bring their action. The court had in mind that if the thing that one is complaining about is the thing in a company that a majority is entitled to do, then there is no need for litigation. Advantages to this rule: 1. It is more convenient that a company should sue in respect of a wrong done. 2.It eliminates wasteful litigation because there is a process of passing resolution in a company. If there is a problem that can be resolved by majority, there is no need to go to the court. 3. It prevents vexatious actions started by troublesome minority trying to harass the company. Disadvantage to this rule: 1. The company is the proper person to sue but the company can only act through its human agents (I. e. the board, shareholders). Usually, the board may well be the people committing a wrong. There are 4 exceptions to this rule: 1. Where the act complaint of is illegal or is ultra vares.In the case of Prudential Assurance Co. Ltd v/s Newman Industries (No. 2) ? The court of appeal explains that where the wrongful act in issue is ultra vares, the rule does not operate because the majority of members canââ¬â¢t confirm the transactions. If any decision that was taken was taken outside the powers that the majority has, then the minority can bring an action as opposed to the rule. ?It has been seen that an action by a shareholder to recover money or on behalf of the company in respect of an ultra vares or an illegal transaction could be undertaken by personal actions. In the case of Smith v/s Croft (No. ) In this case, it has been deci ded that where what is sought is compensation for the company for the loss caused by the transaction. The wrong is done to the company, so the company is the proper plaintiff. The result out of the transaction caused a loss towards the company. ?Even though it was an illegal transaction, the loss was caused to the company. The shareholders can bring an action but an action called the derivative action (done on behalf of the company). 2. Where the matter in issue requires the sanction of the special majority or there has been non-compliance with the special procedure. An individual shareholder will have locus standi to sue where the act complains of is one which requires the approval of the special majority of members and such resolution has not been obtained. This covers a situation where the article of association has specified a particular procedure that must be followed in respect of a particular transaction. In the case of Edwards v/s Halliwell, ?2 members successfully restraint and attempt by the delegate meeting to increase the memberââ¬â¢s contribution without obtaining the 2/3 majority. In this case, regardless that the 2 remaining members could bring that action and eventually won on that action. In the case of Quin & Axtens Ltd v/s Salomon ?In this case, the Article of Association stated that certain transactions could not be entered without the consent of both managing director. One of the directors did not accept for a transaction but the company in a general meeting authorized the transaction without the directorââ¬â¢s consent. ?In this case, the court allowed the individual member to enter an action and granted an injunction to the individual member prohibiting the majority from acting in breach of the article.
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