Wednesday, November 27, 2019

Undergraduate Cooperative Education Programs (Co-Op Programs)

Your college education isn’t confined to the four walls of a lecture hall. That’s where Cooperative Education Programs come in. What are Cooperative Education Programs? Cooperative Education Programs, or more commonly known as Co-Op Programs, incorporates paid work experience in your field of interest to your academic courses on campus. Co-Op Programs aim to help students get real-world training in their field of study to help them gain experience to pursue a career after graduation. Universities often partner with employers in government, business, nonprofits, startups and more to secure internships for their students. Depending on the university, internships are available in different U.S. locations, and some are even available abroad. The purpose of the Co-Op Program is to give students the opportunity to apply the theory they learn in a classroom and apply it in practice. Additionally, this also helps students learn professional etiquette and better prepare them for getting a job after graduation. Why Should I Apply for Co-Op Programs? Co-Op Programs are built into your undergraduate degree. It gives you structure and forces you to look for an internship earlier than peers who are not enrolled in such programs. Since there are partner employers, it is also slightly easier for you to secure internships that would be otherwise super competitive. Co-op Program internships are all paid, so students get paid during their time at college. According to a Forbes Article in 2012, Co-Op students can earn up to $6,000 at Drexel, RIT and University of Cincinnati. Many of these students are also offered full-time return offers after graduation, thereby securing a job before their senior year. While students can also just apply for internships, co-ops are generally a lot more rewarding. Students can work full-time during school semesters, are paid internships and are often related to their specific majors. Are there Different Types of Co-Op Programs? Yes! There are typically three different types: 1. Alternating Semester/Full Time Programs This type of Co-Op Program is usually 5 years. Since students have to alternate between taking classes and working, the program is structured around 5 years instead of the traditional 4 years to finish your degree. 2. Parallel Part-Time Programs As the name suggests, you’d be working and taking classes at the same time. It’s the same as having a part-time job when you’re in college, but the internship will be directly related to your field of study. 3. One-Semester Programs You are required to finish a one semester of full time work-based learning. It almost feel like you’re taking a semester off for a 3-month internship. This model gives you a real sense of what it’s like to be in a professional environment and apply what you’ve learned in the classroom. List of Universities that Offer Co-Op Programs 1. Northeastern University The Co-Op Program is built into Northeastern’s curriculum. If this type of learning is something you’re interested in, then Northeastern might be the school for you! They offer co-op opportunities in all the majors they offer and have a dedicated Co-Op Director at each college to make sure all undergraduates get matched to a Co-Op in their field of study. Northeastern offers Co-Op jobs in different U.S. and international locations. As you consider which location to pursue your Co-Op, it’s important to consider where you want to pursue your career in the future. If you choose not to participate in the Co-Op program, there are other experiential learning requirements you must fulfill in order to graduate from Northeastern. For more information about Northeastern’s Co-Op Program, you can check out the FAQs on their website. 2. Cornell University Cornell University’s School of Engineering offers engineering students the option of participating in Co-Op. It is not required for all engineering students and is very much dependent on how it fits in with your schedule. Students are required to work at least 28 weeks, which typically includes a semester and a summer, so only students are able to complete this and all their requirements will be able to participate in it. The Co-Op job will be a paid internship with no academic credit provided, and can be with one or two employers during the 28 weeks. For more information and eligibility about Cornell’s Engineering Co-Op Program, you can check out Cornell’s website. 3. Georgia Institute of Technology Georgia Institute of Technology offers an optional 5-year Co-Op program to all engineering majors, as well as other majors in the colleges at Georgia Tech. Students will alternate between semesters of full-time work and academic courses. During the work semesters, Co-Ops typically earn $8,000 - $10,000 and do not have to pay tuition for ther 12 hour audit-credit co-op course! If you’re interested, find out if your major offers a Co-Op program and make sure you’ll still have 3 semesters remaining after the first work term. For more information and eligibility about Georgia Tech’s Co-Op Program, you can check out Georgia Tech’s website. http://career.gatech.edu/co-op/application-process 4. Purdue University Purdue University offers two different optional Co-Op programs for students in science, engineering, management, and more. Students can choose to either participate in a 5-session or 3-session co-op, both of which are required to be done with the same employer with the purpose of fostering a strong relationship with their employer and take on more responsibility during the work sessions. On average, Purdue Co-Ops earn an average monthly salary of $2600 for the first work session and increase to $3500 by the last session. Students will still need to pay a program fee of $400 to maintain their full-time academic status. Some majors both 5-Session and 3-Session Co-Ops, while others only offer one of the options. You can find the whole list of majors that are available for Co-Ops here. For more information about Purdue’s Co-Op Program, you can read more on their website. 5. University of Cincinnati University of Cincinnati has the largest Co-Op program out of all public universities in the U.S. The model the University of Cincinnati uses is an alternating one, where students switch between semesters of paid, full-time internships and semesters of full-time classes. The Co-Op Program is required for students studying in the College of Engineering Applied Science, the College of Design, Architecture, Art and Planning, as well as the School of Information Technology. Students in the College of Business and Communication majors in the College of Arts Sciences have the option of participating if they are interested. For more information about Cincinnati’s Co-Op Program, you can read more about it on their website. Know other universities that offer Co-Op programs? Let us know down in the comments below! If youre interested in applying to any of the schools listed above, ourpremium plansoffer different level of profile access and data insights that can help you get into your dream school. Unlock any of ourpackagesor search ourundergraduate profile databaseto find specific profiles that can help you make an informed choice about where to apply!

Sunday, November 24, 2019

Good SAT Scores Ivy League Plus Edition

Good SAT Scores Ivy League Plus Edition SAT / ACT Prep Online Guides and Tips Setting a target SAT score to aim for is important, but what if you want to shoot for the moon and get an Ivy League-caliber SAT score? Read on to find out what SAT scores Ivy League Plus schools require. feature image credit: Strauss Hall, Harvard Yard/used under CC BY 2.0/Resized from original. Ivy League SAT Scores While your SAT score isn’t the only factor that determines whether or not you get accepted to Ivy League-level schools, it does play a significant role in helping colleges compare candidates from different high schools. This is even more true for international students who don't have AP or IB courses in their schools, since US colleges and universities use those courses as ways to evaluate the academic potential of students attending a wide range of high schools, including students from countries with different grading systems altogether. Your personal target SAT score is determined by the scores of students attending the schools you want to attend. If you’re aiming for top-tier schools like the Ivy League, Stanford, MIT, or UChicago, this target score is going to necessarily be higher than it would be for less selective institutions, but just how high does this score have to be? To answer this question, we've compiled a chart of the 25th and 75th percentile scores from all eight Ivy League schools (Brown, Columbia, Cornell, Dartmouth, Harvard, Princeton, UPenn, and Yale) as well as from MIT, UChicago, and Stanford. The chart includes averages of section scores from all the schools as well as the total SAT scores. School Names New SAT 25th %ile Scores New SAT 75th %ile scores EBRW Math TOTAL EBRW Math TOTAL MIT 720 770 1490 770 800 1570 UChicago 730 750 1480 780 800 1580 Harvard 730 730 1460 790 800 1590 Columbia 720 730 1450 780 800 1580 Princeton 710 720 1430 780 790 1570 Dartmouth 710 720 1430 770 790 1560 Yale 710 710 1420 790 800 1590 UPenn 700 720 1420 770 790 1560 Brown 710 700 1410 780 790 1570 Cornell 690 700 1390 760 790 1550 Stanford 690 700 1390 760 780 1540 Average 7 723 1433 775 794 1569 Score data taken from College Board; section scores may not add up to the total score. Want to improve your SAT score by 160 points? Tired of wasting time prepping in ways that don't work? We have the industry's leading SAT prep program. Built by Harvard grads and SAT full scorers, the program learns your strengths and weaknesses through advanced statistics, then customizes your prep program to you so you get the most effective prep possible. It's the best prep program available right now. Best of all, we guarantee your money back if you don't improve your score by 160 points or more. Check out our 5-day free trial today: What Does This Mean For You? Going by our standard recommendations for setting target scores, you’d need to get a 1540 new SAT score to be on par with the top 75% of students admitted to Ivy League Plus schools; students with scores below 1390 on the new SAT are unlikely to be accepted. The school with the largest spread between the 25th and 75th percentile scores is Yale (170 point difference), while the school with the smallest spread is MIT (80 point difference). This is important because it means there’s a lot more SAT score wiggle room for the middle 50% of students who apply to, say, Yale or Brown than there is for students applying to MIT or UChicago. Untitled/used under CC BY 2.0/Resized from orignal. Realistically speaking, few students apply exclusively to Ivy League Plus schools because they are so selective. If you do, you might fail to get into any college at all (this happened to a student a year above me in high school). Plus, a high SAT score doesn’t guarantee you admission to any school; other quantitative measures like GPA also matter a great deal. For example, Harvard’s scatterplot of admitted students for Fall 2016 shows the vast majority of students with a GPA of 3.8 or better out of 4.0. The bottom line: a score of 1540 or above on the SAT means that you are highly competitive for the top schools in the country, while a score of 1390 or below likely shuts you out of most of the Ivy League Plus schools. What’s Next? Are you all fired up about getting into the toughest schools in the country after reading this article? Then you'll love our complete guide on how to get into Harvard and the Ivy League and these two sample recommendation letters that got PrepScholar co-founder Allen Cheng into Harvard (and other Ivy League Plus schools). Want to ensure your SAT prep isn't time wasted? Make sure you're following all the top tips from our article on how to get a perfect SAT score. Took the SAT before March 2016 and not sure how you measure up to students taking the new SAT? Use our Old to New SAT Conversion charts to figure out where you stand. Want to learn more about the SAT but tired of reading blog articles? Then you'll love our free, SAT prep livestreams. Designed and led by PrepScholar SAT experts, these live video events are a great resource for students and parents looking to learn more about the SAT and SAT prep. Click on the button below to register for one of our livestreams today!

Thursday, November 21, 2019

Marx on Alienation Essay Example | Topics and Well Written Essays - 1000 words

Marx on Alienation - Essay Example For Marx, capitalism is an economic system in which businesses are controlled and owned by a few individuals of private enterprise rather than by the government and its people. That no matter what the business is, a capitalist, uses his own money or other people's money to make profit and appropriate it for himself. Workers are mere dispensable laborers who work for the capitalists, to produce the goods that are to be sold which in turn provide a profit for the capitalists. He theorized that alienation occurs as a result of the capitalistic effort whereby in his aim to amass more profit, the capitalist continues to push the laborer and later on replaces him with robots and machines. The worker is thereby alienated from the "object of his work" when the use of machinery is employed to create a surplus in production. Machines compete with the actual talent of a worker thereby allowing cheap labor. A worker would be alienated from the "activity of working" when he is forced to work. He does not have any right over his work as he is under close supervision to produce. Another set of workers are tasked to do most of the important thinking for him thereby allowing repetitive drudgery work under regimented working conditions. Workers are also alienated from the "chance to determine what it is to be human" when he is forced to work under certain conditions that are not biologically favorable for him. Man adapts with nature and uses it for his own benefit, but when man is forced to destroy whatever is beneficial for him to satisfy a greater need, he is separated from himself at the same time. He is not only alienating his needs but he is destroying what is vital to his existence. As a person, man needs other people to relate with. But when workers are forced to compete with one another to satisfy the demands of the capitalist, he is being "alienated from other individuals". In the real sense, Karl Marx wishes to impart that alienation occurs when labor is not voluntary, but forced. When there is coercion man is no longer comfortable with his working environment. He is not happy with what he is doing because of several factors that psychologically interrupts with his balance. The knowledge that his work does not belong to him; in his workplace, his job is under the control of his superiors; and to gain recognition, he has to outshine others thereby creating conflict among his peers similarly displaces man's true nature and alienates him. As a result, man is happier when he is not under these working conditions and work is shunned like a disease that will eat him up alive. Karl Marx provided that the theory of "alienation is not an end in itself but a means to an end". In his romantic and idealistic views for an end to alienation, changes would be geared towards an approach to classless society and the withering away of the state. He explicitly provided that class struggle has always been existent from the time human beings made their own history. That no amount of scarcity or surplus to satisfy the needs of an individual could alleviate what society creates false consciousness among men. Seemingly his ideas point towards the need to develop in man a sense of satisfaction after his basic needs are alleviated. That after man works for his own basic needs alone; he no longer has to work for a capitalist who belongs to the upper class of a society. A social

Wednesday, November 20, 2019

Article Review - Chapter 1 Leadership Example | Topics and Well Written Essays - 250 words

Review - Chapter 1 Leadership - Article Example In this respect, the article provides important information about how leaders can build trust among the employees. In my opinion, this information should be treated very seriously in view of the nature of its impact upon workforce motivation. Unless the organizational workforce can trust the leadership, it will not be motivated enough to boost productivity to the maximum and the business will lose its competitiveness in a dynamic environment. In my opinion, the topic of trusted leadership is more important than ever because of the fast changing external environment. In this environment, organizations have to be dynamic to be competitive. The important components are a compelling vision, rock-solid strategy, excellent communication skills, innovative insight and a skilled team. They are the important components of a competitive organizational culture the basis of which is trusted leadership. This underscores the importance of building trust in leadership. This is a long-term process success in which leads to an organizational culture which creates competitive dynamism in a business environment which is changing constantly. Therefore trust in leadership is vital when it comes to maintaining the profit margin because it has a direct impact upon employee motivation. By emphasizing upon clarity, compassion, character, contribution, competency, connection, commitment and consistency, a leader can inspire trust the importance o f which is underscored by its impact upon both individual and business performance. Horsager, D. (2012). You can’t be a great leader without trust. Here’s how you build it. Forbes. Retrieved from http://www.forbes.com/sites/forbesleadershipforum/2012/10/2

Sunday, November 17, 2019

Business Strategies of Marks and Spencer towards Their Business Essay

Business Strategies of Marks and Spencer towards Their Business Expansion into China - Essay Example This paper illustrates that Marks and Spencer were established in the year 1884 by Michael Marks and since then has grown rapidly to about 600 stores in the UK alone employing about 75000 individuals across the globe in diverse markets. However, the aspect of international expansion must be handled with caution as one of the most important mistakes made by multinational firms involves undermining the aspect of local sentiments and beliefs that can lead to disastrous consequences in terms of positioning of the brand in the new foreign markets. The company has a dedicated presence in about 40 nations across the globe. China holds considerable promise for Marks and Spencer for expanding its business as the nation holds a good position with regards to ease of doing business. According to a report published by the World Bank China ranks 79 among all the nations with regards to ease of doing business preceded only by India, Brazil, and Russia among the emerging markets. In addition, China is also the highest populated country in the world and its recent strides in economic growth have led to making it one of the major markets for retailers across the globe. Cities like Shanghai and Beijing score high on the list of international companies trying to expand internationally due to good market potential.A research study conducted to analyze the consumer behavior states certain key trends of the Chinese consumers that include a good growth in consumption patterns, greater sophistication of the consumers, a reduced trade up of products and brands, shift towards brand value and brand image and finally display of greater smarter purchasing trends among the consumers. In addition to this, the Chinese consumers have also become more inclined towards better service and are also influenced to some extent by Western brands.

Friday, November 15, 2019

Methods of Data Collection

Methods of Data Collection 1. INTRODUCTION This report consists of how data are collected and what are the methods to collect data for research. To improve a research better one or for more learning of particular thing which is to be analyzed. In this report a brief study of method of collecting data by primary data and secondary data with their classifications will be observed. 2. Methods of collecting primary data OBSERVATION QUESTIONNAIRE SEMI-STRUCTURED AND IN-DEPTH INTERVIEW. 2.1 OBSERVATION Observation means finding what people do, what they need, etc†¦ It combines of recording, describing, analysis and interpretation of people behavior. Observation are two different types, PARTICIPANT OBSERVATION. In participant observation researcher will involve with subject activities and live and being a member of group. E.g. .all documentary films are all of this kind. This type roles are: Complete participant Complete observer Observer as participant Participant as observer. Graphical representation of participant observation researcher roles Participant as observer complete participant Observer as participant complete observer STRUCTURED OBSERVATION. As the heading its self describes about what kind of observation are done in it. It’s a structured way of dealing data collection method, which involves in high level of predetermined structured .It form only some part of data collection. Ex: A daily attendance sheet, planning sheet. 2.2 SEMI STRUCTURED AND IN-DEPTH INTERVIEWS It involves in interviewing a person or on group. Where interview are classified into structured, semi-structured, unstructured interviews. In structured interviews a format of question are followed for some particular criteria to be handled, which consists of standard questions. For semi-structured interviews it is based on optioning the customer to select their preferred section of questions. Whereas unstructured interviews deals with in depth involvement in a particular or interested area. Interviews are done by face to face and group interviews. Face to face interviews can figure out a person behavior, but group interview show how groups are mingled together and how they differ one another. HOW CAN THESE TYPE OF INTERVIEWS ARE USEFUL IN RESEARCH 2.3 QUESTIONNARIE It is a general way of collecting data, in which person is asked to answer for same set of questions in order. It is very easy to ask question for some study or research. Most of the research use questionnaire as their weapon for collecting information. This can be involved in individual level so sampling size also be larger one. An interesting one in questionnaire is modes of responding to it. Telephonic survey. Mail (postal) survey. E-mail survey. QUESTIONNARIE SELECTION CHART 2.3.1 Telephonic survey It is a common method followed where researcher and respondent are unknown. So limited data are collected from this method. Due to limitations it restrict questionnaire format to smaller one. Question must be easier for respondent to answer quickly. Question must not be longer one which consume more time. To handle this survey a trained person must be interviewing. Answers to question can be entered directly on an excel-sheet to save time. 2.3.2 Mail (postal) survey It is average form of survey where respondent and questionnaire cannot contact directly and without any interaction. Questioner should be preplanned about design and structure of question to be framed in such a way that respondent could answer it without neglecting any question. Questions must be in an order like easy, average, difficult, which can earn a valuable survey. Time are more valued in surveys. 2.3.3 E-mail survey E-mail survey are most popular survey where people are gather through internet. It can be performed in two way by e-mailing or using online survey. Just as mail an e-mail can be sent to respondent for answering but they may not reply for it, due to some reasons. Online survey are better because they answer then and there so data are collected faster than mailing. Today html pages are used to frame survey questions. And exciting one for survey is Google forms which are much useful for researcher to get job done. 3. METHODS OF COLLECTING SECONDARY DATA Collecting secondary data involves in finding publications, project and research reports, ERP/data warehouse and mining, internet/web for your necessary of research details. 3.1 PUBLICATIONS It refers to printed media like newspapers, textbooks, magazines, journals and reports. These are otherwise known as reference material, which contains wide source of data. Researchers follow secondary data as their first priority than primary data because it will lead them to a proper or complete view of research for their respective topics. As every publications have topic specified to itself, researchers can find easily the source of topic in a systematic manner. To search these publications proper guide lines also required. 3.2 ERP/DATAWAREHOUSES AND MINING For every organization ERP are implemented to gather information about finance, commercial, accounts, production, marketing, RD etc†¦ How do ERP helps in research, since it has data stored day by day, months and yearly basis to compute as integrated one. Researcher of different phenomenon can easily track those information by authorized person of such organization for their data collection. ERP has different sectors combined for example if a researcher form financial sector comes to verify how organization development in that particular sector, he/she can collect information from ERP. Mostly these data are considered as primary data. Data warehouses are secondary data, where large amount of data are stored. These data cannot be analyzed manually. So software for analyzing it is Data Mining Software, this will segregate all kinds of data and use statistical techniques to analyze data. Some techniques used by this software are variance analysis, cluster analysis, factor analysis, etc. It is a statistical and information technologies software. To create these software so of vendors of it are, excel miner, SPSS, SAS and SYSSTAT. Data mining is automated process where some features are selected by user. 3.3 Internet/web Most basic way collecting secondary data is to search through web. As we know internet search topic and words related thing easily and fast where surplus amount of data are founded in thousands of websites all over the world. It includes all e-textbooks, journals, government reports. To search our results through internet search are provided those are GOOGLE, YAHOO, etc. all these search engines can show several sites but one must choose correct data related to topic of research involves. Most popular website for collecting data are Wikipedia for researcher, where note of particular topic are gives with reference site to get detailed study about research topics. SOME OF THE IMPORTANT WEBSITES 4. conclusion From the given information we know about what are primary data and secondary data and how to collect those data from various resources. Research must be valuable one so data collection must be done enormously to predict correct result of analysis. Secondary data can be added in research reports but there must be some data which show your involvement in research process. Research is an endless process because as time changes strategy of reports containing details also vary due to respondent are not same in nature. A research about a topic gives overview, detailed and explanation according to research types. At last collection of data are most important for research because it act as proof or evidence of your valuable reports. Table of Contents PG NO INTRODUCTION 1 METHODS OF COLLECTING PRIMARY DATA 1 OBSERVATION 1 2.1.1 PARTICIPANT OBSERVATION 2.1.2 STRUCTURED OBSERVATION 2 2.2 SEMI STRUCTURED AND INDEPTH INTERVIEWS 3 2.3 QUESTIONNARIE 4 2.3.1 TELEPHONIC SURVEY 5 2.3.2 POSTAL SURVEY 5 2.3.3 E-MAIL SURVEY 5 METHODS OF COLLECTING SECONDARY DATA 6 PUBLICATIONS 6 ERP/DATA WAREHOUSES AND MINING 6 INTERNET/WEB 7 CONCLUSION 8 REFERENCES PEARSON EDUCATION/ THIRD EDITION/ RESEARCH METHODS FOR BUSINESS STUDENTS/ Mark Saunders/Philip Lewis/Adrian Thorn hill SAGE PUBLICATIONS/ESSENTIALS OF BUSINESS RESEARCH/ Jonathan Wilson. TATA McGraw HILL/STATISTICS FOR MANAGEMENT/ G.C.BERI.

Tuesday, November 12, 2019

Censorship In Europe :: essays research papers

Americans think of Europeans as essentially like themselves. They believe European societies are like their own-rooted in the rule of law, freedom of religion, democratic government, market competition, and an unfettered press. In recent years, however, Europeans have given up an essential liberty: freedom of speech. It is true that in the United States prevailing orthodoxies on some questions are ruthlessly enforced but it is still legal to say just about anything. Not so in much of Europe. In the last decade or so countries we think of as fellow democracies-France, Germany, Switzerland and others-have passed laws that limit free speech for the same crude ideological reasons that drove the brief, unsuccessful vogue of campus speech codes in the United States. Today in Europe there are laws as bad as anything George Orwell could have imagined. In some countries courts have ruled that the facts are irrelevant, and that certain things must not be said whether they are true or false. In others, a defendant in court who tries to explain or defend a forbidden view will be charged on the spot with a fresh offense. Even his lawyer can be fined or go to jail for trying to mount a defense. In one case a judge ordered that a bookseller's entire stock-innocent as well as offending titles-be burned! Just as Eastern Europe is emerging from it, Western Europe has entered the thought-crime era, in a return to the mentality that launched the Inquisition and the wars of religion. It is a tyranny of the left practiced by the very people who profess shock at the tactics of Joseph McCarthy, an exercise of raw power in the service of pure ideology. The desire not merely to debate one's opponents but to disgrace them, muzzle them, fine them, jail them is utterly contrary to the spirit of civilized discourse. It is profoundly disturbing to find this ugly sentiment codified into law in some of the countries we think of as pillars of Western Civilization. At the same time, these laws cannot help but draw attention to the very ideas they forbid. Truth does not generally require the help of censors. There are two subjects about which Europeans can no longer speak freely. One is race and the other is Nazi Germany. "Anti-racism" laws generally take the form of forbidding the expression of opinions that might stir up "hatred" against any racial or ethnic group.

Sunday, November 10, 2019

Nietzsche on Power

The rise of science placed a strain on religion’s ability to retain its credence. Science had demonstrated an unprecedented ability to explain concepts that were once mysteries. This ability began to efface the dominion and power of the Christian God, and this led to the existentialist idea that man lives alone in the world and must rely only on himself. According to Nietzsche, this occurrence places power squarely in the hands of man, and the possession of this power leaves him with the ability to exert it over himself as well as others. One of the main ideas behind Nietzsche’s works is that the human individual constantly intends and strives toward wielding this power over others.Even actions that appear altruistic are really sparked by a rooted desire to control the person for whom the act is performed. Nietzsche advocates the fundamental egoism of all persons, declaring the focus of all human conceptions to be centered on the desire of that particular individual to dominate in a given situation. Even the evolutionary aspects of man’s position within the environment manifests the individual’s need to wield power: growth from youth to adulthood involves an increase of power and a decrease in subordination; the desire for upward social mobility represents this as well.According to Nietzsche, the need for power is an instinctive drive that is the end for which all pleasure-seeking actions strive. Yet Nietzsche also identified a need that humans have to control themselves—and this he conceived as the desire for internal power. Here is where Nietzsche’s truest interest in power lay. These themes can be demonstrated in his use of aphorisms and elaborations of these throughout his works Daybreak, the Gay Science, Beyond Good and Evil, and the Will to Power.The Judeo-Christian antagonism (indeed the antagonism of all religions) represents one example on earth of the power relations (struggle) of which Nietzsche writes. In Da ybreak, he writes: â€Å"the ship of Christianity threw overboard a good deal of its Jewish ballast† (40). Ironically, the idea represented in the aphorism â€Å"God is dead† describes the modern scientific supplanting of the Judeo-Christian view that God is ultimately responsible for the molding of the individual (Zupancic, 6).The scientific explanations of the universe—the Copernican revolution which challenged and toppled the geocentric view—weakened the idea that the anthropomorphic God was any longer (or ever was) in charge of the destiny of the universe. Essentially one of Nietzsche’s â€Å"power relations,† this struggle left each individual entity on the earth dependent on its own actions to take it through time. This has become one of the catalytic ideas that gave birth to the notion of internal power that drives man. This power has been expressed by Nietzsche in the form of self mastery, which develops in a complicated cycle, both as a result of and in accordance with the instinct. Though this important instinct arises out of the inward self-creation of the man, Nietzsche also acknowledges another type of instinct that drives men toward a different kind of power: domination.In the work The Will to Power Nietzsche points out the symbolism that can be found in the how states and societies have been constituted. The drive for power, he writes, undergirds the hierarchical nature of the organizations within each state. Societal classes demonstrate ways in which people have succeeded in gaining power over others.This again identifies another concrete example of power relations within the human world. The members of higher classes (which have acquired wealth) dominate in a situation where the other members of society look to them for their wages. Money represents buying power, without which people cannot live. By this reasoning, individuals who acquire their wages from these powerful members of the upper class look toward these moguls for their very sustenance. This is the manifestation of the power that, according to Nietzsche, all men instinctively seek.Yet even in this example where people appear to seek mastery over others, one can detect an example of the desire for internal power. Persons who must do the bidding of the rich in order to gain hold of the buying power that facilitates their continued existence—these persons recognize that others exert power over them. Their desire for upward mobility represents a desire to have that control returned to them, and this appears to be possible only simultaneously with having the power to control others. This can thus be seen as a dual drive toward dominance and independence.In Nietzsche’s opinion it is this self-mastery that represents the truest power. The picture of the ascetic monk who denies himself physical and aesthetic pleasures for the purpose of subduing his desires and mastering himself demonstrates more power than the w arriors who plunder other tribes and nations. On a deeper level, Nietzsche describes the inner workings of the human mind as a conflict of several wills that compete for power within the individual.He writes the following: â€Å"Suppose nothing else were ‘given’ as real except our world of desires and passions, and we could   not get down, or up, to any other ‘reality’ besides the reality of our drives–for thinking is merely a relation of these drives to each other† (Beyond, 36). People’s wills (or desires) often conflict with each other, and thoughts, Nietzsche explains, are the vehicles of the desires; it is via thought that desires identify themselves, and the mind is their battlefield. The ability to master oneself is essentially the ability of one thought to rise up and become the dominant will, mastering all the others.Nietzsche expresses this idea also in his book Beyond Good and Evil, the title of which is essentially a descri ption of the heights attained by those who have achieved the highest level of self mastery. He writes that such a person becomes â€Å"the man Beyond Good and Evil, the master of his virtues, the superabundant of will† (Beyond, 212). His will to create himself overflows, and he finds his own way toward morality and virtue through his own journey of self discovery.This journey involves a complex interplay of consciousness, subconsciousness, and instinct. Instinct comes about through a process in which consciousness of the outside world gathers knowledge that is taken in and absorbed into the mind in a kind of internalization process. The depth at which these internalized principles rest within the individual causes them to rank higher than the prevailing principles of the day. And the fact that the individual creates them him/herself places him or her in the powerful position of self-master.The hierarchical nature of the instincts themselves determines a way in which Nietzsche classes men according to their degree of control over themselves. The person who has attained an existence beyond good and evil is said to be supramoral, and this is the one who has fortified his internal power. It is in comparison to this person that Nietzsche is driven to classify lesser men. Such men are those who might be seen as stuck in the routines of life. They are bound by a herding instinct that is inherited rather than created.This hereditary instinct comes into the possession of not one but a plethora of individuals whose behaviors begin to demonstrate that they can no longer accurately be called individuals. They possess no mastery over themselves that allows them to create their own being with its own virtues and morals to dictate or inform their actions. Instead, their actions and motives are carbon copies of a million others who have, like themselves, passively accepted the norms of their society.Nietzsche’s idea of self-mastery and individualism is again mad e visible in his declaration that societies have caused passions to be laid to rest, whereas individuals who have distinguished themselves by developing internal power have contributed to the progress of the human race. He expresses this idea in the passage,Nowadays there is a profoundly erroneous moral doctrine that is celebrated especially in England: this holds that judgements of ‘good' and ‘evil' sum up experiences of what is ‘expedient' and ‘inexpedient.' One holds that what is called good preserves the species, while what is called evil harms the species. In truth, however, the evil instincts are expedient, species-preserving, and indispensable to as high a degree as the good ones; their function is merely different (The Gay Science, 74).Even evil persons, Nietzsche explains, have done more good for humanity than society itself with all its conformity and low-tiered hierarchical power. He argues that even powerful (though evil) individuals have given ot hers something worthwhile: they have provided the means of comparing and contrasting between extremes in ways that perform dialectically to take knowledge and morals to higher heights. These persons who have instinctively created their own morals through a systematic mastery of themselves give more power to humanity than those who conform and expend no energy in the pursuit of more powerful selves. The empowered individuals have done this through adding to the variety of knowledge (of good and evil) and creating new avenues and alternatives for self-mastering persons.Nietzsche’s regard for what he considered the power of the self-mastering individual eclipsed that of what he viewed as the general power struggle that often ensued from power relations. The self-made individual demonstrates an industry through which he is able to create his own morals and fabricate the instinct that will lead him toward those morals. Such a man Nietzsche considers to have transcended good and ev il by entering into a morality created at first through consciousness, but later sublimely through the subconscious. This man, in Nietzsche’s opinion, has truly achieved power of a type that goes beyond the mere control of others, as it has attained the much more difficult goal of self-control.Works CitedNietzsche, Friedrich. Beyond Good and Evil. 1886. trans. R.J. Hollingdale. New York:    Penguin, 1973.Daybreak: Thoughts on the Prejudices of Morality. (Cambridge Texts in the History    of Philosophy. Cambridge: Cambridge UP, 2003.The Gay Science: with a Prelude in Rhymes and an Appendix of Songs. New York:    Vintage/Random House, 1974.The Will to Power. 1888. trans. Walter Kaufman and R.J. Hollingdale. New York:   Ã‚   Vintage Books, 1967.Zupancic, Alenka. The Shortest Shadow: Nietzsche’s Philosophy of the Two (Short Circuits). Cambridge: MIT, 2003 Nietzsche on Power The rise of science placed a strain on religion’s ability to retain its credence. Science had demonstrated an unprecedented ability to explain concepts that were once mysteries. This ability began to efface the dominion and power of the Christian God, and this led to the existentialist idea that man lives alone in the world and must rely only on himself. According to Nietzsche, this occurrence places power squarely in the hands of man, and the possession of this power leaves him with the ability to exert it over himself as well as others. One of the main ideas behind Nietzsche’s works is that the human individual constantly intends and strives toward wielding this power over others.Even actions that appear altruistic are really sparked by a rooted desire to control the person for whom the act is performed. Nietzsche advocates the fundamental egoism of all persons, declaring the focus of all human conceptions to be centered on the desire of that particular individual to dominate in a given situation. Even the evolutionary aspects of man’s position within the environment manifests the individual’s need to wield power: growth from youth to adulthood involves an increase of power and a decrease in subordination; the desire for upward social mobility represents this as well. According to Nietzsche, the need for power is an instinctive drive that is the end for which all pleasure-seeking actions strive. Yet Nietzsche also identified a need that humans have to control themselves—and this he conceived as the desire for internal power. Here is where Nietzsche’s truest interest in power lay. These themes can be demonstrated in his use of aphorisms and elaborations of these throughout his works Daybreak, the Gay Science, Beyond Good and Evil, and the Will to Power.The Judeo-Christian antagonism (indeed the antagonism of all religions) represents one example on earth of the power relations (struggle) of which Nietzsche writes. In D aybreak, he writes: â€Å"the ship of Christianity threw overboard a good deal of its Jewish ballast† (40). Ironically, the idea represented in the aphorism â€Å"God is dead† describes the modern scientific supplanting of the Judeo-Christian view that God is ultimately responsible for the molding of the individual (Zupancic, 6). The scientific explanations of the universe—the Copernican revolution which challenged and toppled the geocentric view—weakened the idea that the anthropomorphic God was any longer (or ever was) in charge of the destiny of the universe.Essentially one of Nietzsche’s â€Å"power relations,† this struggle left each individual entity on the earth dependent on its own actions to take it through time. This has become one of the catalytic ideas that gave birth to the notion of internal power that drives man. This power has been expressed by Nietzsche in the form of self mastery, which develops in a complicated cycle, both as a result of and in accordance with the instinct. Though this important instinct arises out of the inward self-creation of the man, Nietzsche also acknowledges another type of instinct that drives men toward a different kind of power: domination.In the work The Will to Power Nietzsche points out the symbolism that can be found in the how states and societies have been constituted. The drive for power, he writes, undergirds the hierarchical nature of the organizations within each state. Societal classes demonstrate ways in which people have succeeded in gaining power over others. This again identifies another concrete example of power relations within the human world. The members of higher classes (which have acquired wealth) dominate in a situation where the other members of society look to them for their wages. Money represents buying power, without which people cannot live. By this reasoning, individuals who acquire their wages from these powerful members of the upper class loo k toward these moguls for their very sustenance. This is the manifestation of the power that, according to Nietzsche, all men instinctively seek.Yet even in this example where people appear to seek mastery over others, one can detect an example of the desire for internal power. Persons who must do the bidding of the rich in order to gain hold of the buying power that facilitates their continued existence—these persons recognize that others exert power over them. Their desire for upward mobility represents a desire to have that control returned to them, and this appears to be possible only simultaneously with having the power to control others. This can thus be seen as a dual drive toward dominance and independence.In Nietzsche’s opinion it is this self-mastery that represents the truest power. The picture of the ascetic monk who denies himself physical and aesthetic pleasures for the purpose of subduing his desires and mastering himself demonstrates more power than the warriors who plunder other tribes and nations. On a deeper level, Nietzsche describes the inner workings of the human mind as a conflict of several wills that compete for power within the individual.He writes the following: â€Å"Suppose nothing else were ‘given’ as real except our world of desires and passions, and we could   not get down, or up, to any other ‘reality’ besides the reality of our drives–for thinking is merely a relation of these drives to each other† (Beyond, 36). People’s wills (or desires) often conflict with each other, and thoughts, Nietzsche explains, are the vehicles of the desires; it is via thought that desires identify themselves, and the mind is their battlefield. The ability to master oneself is essentially the ability of one thought to rise up and become the dominant will, mastering all the others.Nietzsche expresses this idea also in his book Beyond Good and Evil, the title of which is essentially a desc ription of the heights attained by those who have achieved the highest level of self mastery. He writes that such a person becomes â€Å"the man Beyond Good and Evil, the master of his virtues, the superabundant of will† (Beyond, 212). His will to create himself overflows, and he finds his own way toward morality and virtue through his own journey of self discovery.This journey involves a complex interplay of consciousness, subconsciousness, and instinct. Instinct comes about through a process in which consciousness of the outside world gathers knowledge that is taken in and absorbed into the mind in a kind of internalization process. The depth at which these internalized principles rest within the individual causes them to rank higher than the prevailing principles of the day. And the fact that the individual creates them him/herself places him or her in the powerful position of self-master.The hierarchical nature of the instincts themselves determines a way in which Nietzsc he classes men according to their degree of control over themselves. The person who has attained an existence beyond good and evil is said to be supramoral, and this is the one who has fortified his internal power. It is in comparison to this person that Nietzsche is driven to classify lesser men. Such men are those who might be seen as stuck in the routines of life.They are bound by a herding instinct that is inherited rather than created. This hereditary instinct comes into the possession of not one but a plethora of individuals whose behaviors begin to demonstrate that they can no longer accurately be called individuals. They possess no mastery over themselves that allows them to create their own being with its own virtues and morals to dictate or inform their actions. Instead, their actions and motives are carbon copies of a million others who have, like themselves, passively accepted the norms of their society.Nietzsche’s idea of self-mastery and individualism is again m ade visible in his declaration that societies have caused passions to be laid to rest, whereas individuals who have distinguished themselves by developing internal power have contributed to the progress of the human race. He expresses this idea in the passage,Nowadays there is a profoundly erroneous moral doctrine that is celebrated especially in England: this holds that judgements of ‘good' and ‘evil' sum up experiences of what is ‘expedient' and ‘inexpedient.' One holds that what is called good preserves the species, while what is called evil harms the species. In truth, however, the evil instincts are expedient, species-preserving, and indispensable to as high a degree as the good ones; their function is merely different (The Gay Science, 74).Even evil persons, Nietzsche explains, have done more good for humanity than society itself with all its conformity and low-tiered hierarchical power. He argues that even powerful (though evil) individuals have given others something worthwhile: they have provided the means of comparing and contrasting between extremes in ways that perform dialectically to take knowledge and morals to higher heights. These persons who have instinctively created their own morals through a systematic mastery of themselves give more power to humanity than those who conform and expend no energy in the pursuit of more powerful selves. The empowered individuals have done this through adding to the variety of knowledge (of good and evil) and creating new avenues and alternatives for self-mastering persons.Nietzsche’s regard for what he considered the power of the self-mastering individual eclipsed that of what he viewed as the general power struggle that often ensued from power relations. The self-made individual demonstrates an industry through which he is able to create his own morals and fabricate the instinct that will lead him toward those morals. Such a man Nietzsche considers to have transcended good and evil by entering into a morality created at first through consciousness, but later sublimely through the subconscious. This man, in Nietzsche’s opinion, has truly achieved power of a type that goes beyond the mere control of others, as it has attained the much more difficult goal of self-control.Works CitedNietzsche, Friedrich. Beyond Good and Evil. 1886. trans. R.J. Hollingdale. New York:   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Penguin, 1973.—. Daybreak: Thoughts on the Prejudices of Morality. (Cambridge Texts in the History   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   of Philosophy. Cambridge: Cambridge UP, 2003.—. The Gay Science: with a Prelude in Rhymes and an Appendix of Songs. New York:    Vintage/Random House, 1974.—. The Will to Power. 1888. trans. Walter Kaufman and R.J. Hollingdale. New York:   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Vintage Books, 1967.Zupancic, Alenka. The Shortest Shadow: Nietzsche’s Philosophy of the Two (Short   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Ci rcuits). Cambridge: MIT, 2003

Friday, November 8, 2019

Characteristics of Shakespeares History Plays

Characteristics of Shakespeare's History Plays Many of Shakespeare’s plays are historical, but only certain plays are categorized as such. Plays like Macbeth and Hamlet are historical in setting but are more correctly classified as Shakespeare tragedies. The same is true for the Roman plays (Julius Caesar, Antony and Cleopatra and Coriolanus), which are all based on historical sources. So which plays are classified as Shakespeare histories and what are their common features? Sources of Shakespeare's History Plays Most of the Bards  English history plays, as well as Macbeth and King Lear are based on Holinsheds Chronicles. Shakespeare was known for borrowing heavily from earlier writers, and Holinsheds works, published in 1577 and 1587, were a key reference for Shakespeare and other authors of his day, including Christopher Marlowe. Interestingly, Holinsheds works were not particularly historically accurate either but instead are considered mostly fictional works of entertainment. If produced in the modern day, both Shakespeare and Holinsheds writings would probably be described as based on historical events but have a disclaimer that they were edited for dramatic purposes. Common Features of the Shakespeare Histories The Shakespeare histories share a number of things in common. First, most are set against medieval English history. The Shakespeare histories dramatize the Hundred Years War with France, giving us the Henry Tetralogy, Richard II, Richard III and King John- many of which feature the same characters at different ages. In all his histories, indeed in all his plays, Shakespeare provides social commentary via his characters and plots. The history plays say more about Shakespeare’s time than the medieval society in which they are set. For example, Shakespeare cast King Henry V as an everyman hero to exploit the growing sense of patriotism in England. His depiction of this character is not necessarily historically accurate. For instance, theres not much evidence that Henry V had the rebellious youth that Shakespeare depicts. Were Shakespeare's Histories Accurate? Another characteristic of Shakespeares histories is, for the most part,  theyre not historically accurate. In writing the history plays, Shakespeare was not attempting to render an accurate picture of the past. Rather, he was writing for the entertainment of his theater audience and therefore molded historical events to suit their prejudices or preferences. Shakespeare'sPlays and Social Commentary More subtly than his comedies and tragedies, Shakespeares histories provide contemporary social commentary. His plays offer a view of society that cuts right across the class system. These plays present us with all kinds of characters, from lowly beggars to members of the monarchy. In fact, it is not uncommon for characters from both ends of the social strata to play scenes together. Most memorable is Henry V and Falstaff who turn up in a number of the history plays. All in all, Shakespeare wrote 10 histories. These plays are distinct in subject matter only- not in style. The histories provide an equal measure of tragedy and comedy. The 10 plays classified as histories are as follows: Henry IV, Part IHenry IV, Part IIHenry VHenry VI, Part IHenry VI, Part IIHenry VI, Part IIIHenry VIIIKing JohnRichard IIRichard III

Wednesday, November 6, 2019

Google Case Investments

Google Case Investments The investment on the android systems did not profit Google Corporation. Google had publicly declared that its original objective was not driven by profit. Google makes 2.67 billion from android mobile, which is far less than its total revenue. Android applications reached 900 million by 2013 with 48 million applications signed each day. The increase did not influence the growth in revenue for Google.Advertising We will write a custom essay sample on Google Case: Investments specifically for you for only $16.05 $11/page Learn More The company has a lot of issues to tackle and cannot strategize on making a profit on Android mobile. Google makes its revenue from signing third-party applications daily. Android Smartphones is sold daily, and in 2013 Google projected a sale of 789,000 Android Smartphones. This statistic accounts for the financial benefits derived from android systems. Revenue 2008 2009 2010 2011 2012 Net income [millions] 4,226,858 6,520,448 8,505 9,737 10,737 Android users [millions] 7 200 484 700 The acquisition of Motorola was a huge loss for Google. Google acquired Motorola because of its patent rights. Google believed that the market strategy would give the organization a competitive advantage in the global market. It turned out to be a big failure. After trading $13 billion in the investment, Google started a restructure program that made it sell most of its stock in Motorola. This move did not pay well for Google Corporation. With the reorganization in progress, Google sold major departments in Motorola. Operations unit was sold for $75million, while the home outfit was sold for $2.35 billion. Google sacked 5000 workers in Motorola corporations, a move condemned by major market analyst. Google Corporation relies on Motorola’s patent license to create more revenues. The acquisition did not achieve its objective because the estimates revealed a near loss in the initial revenue. The sales of major depa rtments did not sum the investment capital for Motorola. Open source software means the user-ability to run the program for any task. The open source approach can be categorized in four ways. The free use of the application The free knowledge of study. Redistribution and copyrights. The freedom to modify the software for other uses. This means the source codes are available for any user. Thus, the advantage of the open source approach includes:Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More It is stable: Modification of software keeps the manufactures in the business. The open source approach is stable without frequent modifications. The user decides if he or she will update the system or software to meet a specific task. Thus, each update is a choice for the user. The advantage limits the cost of buying update versions of the software. The consumer is tempted to accept modific ation without a need. This situation is reduced with the open source approach. Cost: The cost of use is low and its users are not affected by purchase charges. The need for documenting the number of copies and ownership is avoided thus, reducing the cost of the software. Flexible: Another advantage of the open source approach is in its usage. While other software manufactures emphasize the use of the software for different systems, open source software permits its use with different products. The software is not limited to its product and can be associated with ease. This advantage provides benefits to the users of open source software. End-user support: Open source approach provides the user with training support. Unlike other software providers, open source satisfy the users curiosity where the program is incompatible. Some software providers release free versions of their software and generate high revenue when users apply for support. This trend is reduced with an open source ap proach. Although it is difficult to put the blame on anyone in the open source approach, the free support reduces the problems encountered. Reliable: Open source approach reduces the defects encountered. Most users complain of different defects with their applications, and this takes time to fix. Open source bugs can be fixed by any developer in minutes because the source code is available. This enables a developer to work on a particular bug and save time.Advertising We will write a custom essay sample on Google Case: Investments specifically for you for only $16.05 $11/page Learn More Accountable: Open source software can be verified during its usage. It is difficult to verify the claims of quality on closed-source applications, but this is different with open source models. The availability of its source code provides the confidence in the manufacturer’s claim. The claims can be audited by any developer or user with technical information. The net sales rose by 7.6% and the estimated projections provided a strong user support. The partnership increased the avenues of profit for Google Corporation. Apple terminated the partnership with Google maps and introduced its applications. The replacement is not user-friendly, thus, reducing its usage. Google will capitalize on this defect to reconsider its partnership with other third-party manufacturers. This strategy will promote its use and increase Google’s revenue. The project will increase the revenue projection by 18.9%. Google can harness its services with Motorola mobility. This will improve services rendered. The increase in the production of Motorola Smartphones will increase Google’s strength in connecting people. Google can create technologies that will displace similar competitors. Motorola Corporation is a positive platform to test Google’s strength.

Sunday, November 3, 2019

Global Trade issues of Boeing Essay Example | Topics and Well Written Essays - 1000 words

Global Trade issues of Boeing - Essay Example In fact, the company’s stock is part of Dow Jones Industrial Average. Absolute and Comparative Advantage A company is said to have an absolute advantage when it is capable of producing a specific good or service at a lower cost per unit compared to other companies in the same industry (Newquist 2010). It also pertains to the ability to produce a good or service more efficiently than other companies in the same industry. On the other hand, a company is said to have a comparative advantage when it has the ability to produce a particular product more efficiently than any other product (Newquist 2010). As earlier stated, Boeing is currently the leading exporter and manufacturer of airplane in the U.S. This is attributed to the absolute advantage it has acquired through the idea of the economy of scope. Report indicates that Boeing is the only aircraft manufacturer that has implemented the economy of scope making it possible for Boeing to produce two different products in two diffe rent markets at a relatively lower cost than two different firms do (White 2010). This has given Boeing an absolute advantage over other firms in the same industry. This is evident from the fact that Boeing manufactures both commercial and military aircrafts that sell in different markets (Rankin 2008, p.6). According to Benkard (2000, p.1035), all the competitors of Boeing competitor do not use this idea. Boeing also has a comparative advantage in its manufacturing processes. The company is regarded as the best manufacturer of military and commercial aircrafts in the U.S. The company has demonstrated these through quality airplanes it has manufactured for many years now (Benkard 2000, p.1035). Restrictions of trade Newquist (2010) reveals that Boeing is among the leading exporters of commercial and military aircrafts. Despite having enjoyed free trade with many countries that the U.S. trades with, the company has also faced a myriad of trade challenges. One such was witnessed when China imposed trade restriction on Taiwan, which placed Boeing at an awkward position (Bloomberg 2010). It is reported that China forced Boeing to comply by its trade restrictions or risk losing its U.S. arms contract in case it went ahead to sell its military arms to Taiwan that was then at a political dispute with China. China also went ahead to threaten Boeing of cancelation of its lucrative contract and expulsion out of China in case of noncompliance with trade restrictions imposed on it (Naele 2009, p.44). Marketing Marketing of Boeing products is normally done through segmentation. However, since traffic and economic growth rates vary from one region to another, Boeing segments its market geographically. For example, Boeing has focused most of its marketing efforts in Europe and North America regions because of their mature economies. As such, Boeing believes that these regions have a great potential of continuing to buy most of its airplanes (Golich 1992, p.899). In fact, the ability of the company to segment its market geographically gives it the opportunity to ascertain the demand of each segment. For example, Boeing can easily forecast the demand of Europe and North America due to their mature economies. This is due to the high number of air travelers in these regions (Golich 1992, p.899). Strategic Issues Boeing operation and reputation was recently affected due to what can be described as a strategic problem. The company has continually delayed the delivery of Boeing

Friday, November 1, 2019

The presence of the current financial crises has made investors more Essay

The presence of the current financial crises has made investors more determined in handling excess remunerations - Essay Example Introduction A vote against remuneration is significant if it receives less than 75 percent of the shareholders support. Thus, votes have been on the use recently in protesting against pay increases that are insufficiently linked to performance. For instance, Section D of the U.K corporate governance code sets out remuneration guidelines for both the executive and non-executive directors. According Tricker (2012) section D.1, â€Å"the remuneration should be sufficient enough to motivate and attract directors, but a company should avoid paying more than is necessary for this purpose. A significant proportion of the executive director’s remuneration should be structured so as to link rewards to corporate and individual performance.† Section D.1.4 of the U.K corporate governance states that it is the responsibility of the remuneration committee to consider compensation commitments of their directors in the event of early termination. MM & K report is recent and its releas e fueled investor’s activism in fighting against pay rise. The report revealed that the medium total pay rise for FTSE 100 CEOs is 10 percent and one quarter of the CEOs in this index had 41 percent increment on their pay. Research indicates that the size of pay that a FTSE director has increased unexpectedly. For instance, between years 1990 and 2000, the remuneration of a FTSE chief executive went up by 13.6 percent annually from ?1 million to ?4.2 million. In year 2011, FTSE remuneration rose by 11 percent. The current average pay rise in the market is 1.7 percent. In 2012, there have been 24 similar incidents in total all over Europe compared to 2011 which had 25 cases. The legislation has been carefully following these protests, and the pending U.K legislation shows that by year 2012, pay plans will have to pass the majority vote or shareholders will have the authority to reject management’s remuneration proposal. New disclosure rules are also in the process of co ntemplated purposely to help the shareholders in making a decision. For example, in France the new socialist government is contemplating to impose pay limits on executives in companies which own a majority stake. The pay will be 20 times that of the lowest paid employee in the company thus leading to substantial pay cuts. Also, the contemplated Legislations will exert pressure on companies where the government owns share but not a controlling share. CEO’s of companies such as AstraZeneca, Aviva, trinity Mirror is some of directors who had been forced to resign over pay and performance related problems even before news broke. WPP Group During the 2012 annual general meeting, approximately 59 percent of the WPP investors voted against the company’s remuneration report and the CEOs pay package of ?6.8 million. In the previous year, over 40 percent of the shareholders had a ‘no’ vote on pay and this prompted the remuneration committee to reach out the sharehol der before the 2012 AGM. After the shareholders vote the chairman of the group said, â€Å"