Week 4 Essay Example | Topics and Well Written Essays - 500 words

Week 4 - Essay Example A constraint associated with capacity management that must be managed well in order to successfully launch the new products is time. Time can become a constraint if a customer has a specified delivery date (Tutor2u, 2009). Once the company determines the official launch date of the new battery-pack and solar power models it must carefully plan an efficient strategy to ensure the product reaches its destination on time. Capacity management can help the company lower the costs of moving the merchandise through the distribution network. The shipments of merchandise most of time are send in trucks that are not completely full. The company must coordinate its launch to take advantage of the unused capacity of its shipments to corporate clients. In order for the company to optimize its logistics the firm must invest in the latest information technology. A technology that can help John Deere coordinate its delivery of its new lawnmowers are radio frequency identification tags (RFID). RFID tags give managers the capability of tracking the position of the merchandise while the items are in transit or in a warehouse. E-commerce has become an integral strategy that must be utilized by multinational firms as a channel to move merchandise. The consumer purchasing patterns have changed a lot in the 21st century. There is a portion of the population who prefers to buy online. In 2008 in the United States e-commerce generated $146 billion of online retail sales (Plunkett Research, 2009). An e-business platform provides benefits for the supply chain of an enterprise. The implementation of such a strategy to market the new green lawnmowers would lower the operating costs of the company. Sales generated through the e-business are direct sales for the company. A direct sale eliminates the profits achieved by the distributor which raises the profitability of John Deere. The electric and solar powered lawnmowers the company developed are going to be a big hit among

Instruction set Essay Example | Topics and Well Written Essays - 1000 words

Instruction set - Essay Example The task can be done by the car owner and the task is quite inexpensive. Steps Step1 Parts Required for Oil Change Figure1 Before changing the engine’s oil, ensure that all the tools and equipments needed are at the spot. The most essential of these are the wrench along with a container to carry your old engine oil, an oil container that is full of unused oil and an oil filter. Special care needs to be taken if the engine oil of a heated up engine is being changed. Step2 Oil Pan and Drain Plug Figure2 Before replacing the old engine oil with the new one, ensure that the car’s bonnet is open and then you are required to unlock the cap of the oil filler which is located on the top side of your car’s engine. This process will assist in making the old oil drain simpler as it allows air to flow inside the crankcase drain. The drain plug is located on the bottom region of the pan that carries oil, unplug the drain plug. Catching the oil may become quite difficult due t o the angle at which it drains. To ensure that the oil does not ruin your garage or public property; place a cloth or a newspaper on the floor just beneath your car’ oil pan. Step3 Unplugging the Drain Plug Figure3 Use the wrench to loosen the tightness of the drain plug by moving the wrench in counter-clockwise manner. Certain time the bolt is quite tight which normally a rare incident is. If the bolt is quite tight, you might require an extension to open up the bolt. A pipe segment is a good extension that may become quite handful in opening up the bolt. While removing the plug, one should even remove or substitute the old drain plug gasket with a new one. Ensure that the plug does not end up falling in the used oil container as relocating the plug from the re-used oil container might become quite a difficult task. If by mistake, the plug is dropped inside the pan, it can be relocated through the use of a magnet or you can even use a funnel while to drain the oil and take o ut the plug out of the funnel. Step4 Filter Element or Funnel Figure4 In certain cars such as the BMW and the Mercedes the oil filter is not of spin on type, instead the oil filter is of filter element in nature. In these cases, you need to just unlock the reservoir which is built inside and take out the element from inside the reservoir. Step5 Oil Filter Assembly Figure5 The most difficult part of the entire oil changing process is locating the filter assembly. There is no standard location of the filter; filter location varies form car to car. Certain filters are located on the right side of the engine, others on the left and certain are located on the bottom region. To correctly locate the filter, you should look for something similar to the shape of the new filter you have purchased. The moment you are able to locate the filter, simply remove it apart form your car’s engine. Unplugging the filter can be a difficult task, start by twisting the filter in a slow and steady m anner to make the filter spin. If the filter is too tight to be removed with bare hands, then you can use a filter wrench to extract the filter. The oil filter even contains ample amount of oil, so placement of an oil container is highly advisable. While removing the filter, one has to ensure that the part of the filter which is recognized as rubber gasket is even removed otherwise the new filter would not fit properly and the oil will

Devil on the Cross by Ngugi wa Thiong’o Essays -- African Authors Ken

Devil on the Cross was written by Ngugi while he was imprisoned. He was held without trail by a government that tried to silence him. The out come was a book that was â€Å"One of the century’s greatest novels† by the Tribune. In the following passages I plan to explain the meaning of four characters that are affected by capital class. The speaker of the passage â€Å"She sat down on a box†¦Ã¢â‚¬  is the gorgeous protagonist; Jacinta Wariinga. Jacinta Wariinga is a young beautiful black woman who easily stops â€Å"men in their tracks.† She is like Thanksgiving dinner, a feast for the eyes. Jacinta moves with grace when she is without self-conscious. Underneath all her beauty, she is a suicidal person who hates her blackness. Jacinta truly hates her blackness because she uses â€Å"skin-lightening creams.† The skin-lightening cream rejects her skin color because the cream knows â€Å"that which is born black can never be white†. She clearly suffers from Cultural Imperialism. Cultural Imperialism has wiped out the music, culture and art many. The military has taken over lands for their own personal use, economic stability can not be reached between classes because the gap between the rich and poor has increased and political power is the only thing of importance. The people are of no impo rtance because if they were better living conditions and necessary items would be more accessible. Jacintas’ color coated thinking has led her to believe â€Å"that her appearance [is] the root cause of all her problems.† Jacinta analysis’s her many problems with a small mirror. Jacinta is using a small mirror for petty problems when she needs to be using a mirror like the one in my room, 7feet tall by 5 feet wide. With that mirror she can examine all the cultural imperialism flaws and not just her materialistic problems. The small mirror depicts her problems to be petty. If Jacinta truly wanted to analyze all of her problems she should a use a mirror like the one in my room, 5’ by 7’, she can clearly notice all of her flaws. Ngugi, clearly tried to show that her problems are petty because the size of the mirror. The speaker of the passage â€Å"Have I been on the road all this time†¦Ã¢â‚¬  is Robin Mwaura the â€Å"rapper.† Robin Mwaura is a false artist. He is a trickster, a con artist, in today’s society Robin Mwaura would is considered a rapper, a great one at that. Mwaura would be an excellent rapper because h... ...He thinks he does, but in reality he doesn’t. Professor Gatuirira is trying to create a lie, but he doesn’t know he is. Music can create art â€Å"for many human voices† when it is true. The art the professor is trying to create is false. It is a cross over from American culture to African culture. He has â€Å"yet found the tune† because it is all white wash. Nothing that the professor studies to create his national anthem is relevant to his current situation. Even though he thinks it is right to create a national anthem, there is a flipside to this. That reality that the professor fails to see includes factions and class struggle. Africa is plagued by gender and sexism. It makes it difficulty for women to find jobs. The exploitation of middle and lower class by the upper class is selfishness. The selfishness leads to high corruption because everyone is trying to get rich. Nothing of what the professor wants the people to sing is true. Devil on the Cross shows the affects of the capital class. The age of Enlightenment dealt with reason and progress. Where the capital class tries to roadblock the ideas of the age of Enlightenment, it is up to the people to pick up the ball and succeed!

Report on Shahjalal Islami Bank Limited Essay

Introduction 1.1 Preface: Generally by the word â€Å"Bank† we can easily understand that the financial institution deals with money. But there are different types of banks like; Central Banks, Commercial Banks, Savings Banks, Investment Banks, Industrial Banks, Co-operative Banks etc. But when we use the term â€Å"Bank† without any prefix, or qualification, it refers to the ‘Commercial banks’. Commercial banks are the primary contributors to the economy of a country. So we can say Commercial bank is a profit-making institution that holds the deposits of individuals & business in checking & savings accounts and then uses these funds to make loans. For these people and the government is very much dependent on these banks as the financial intermediary. As banks are profit -earning concern; they collect deposit at the lowest possible cost and provide loans and advances at higher cost. The differences between two are the profit for the bank. Banking sector is expanding its hand in different financial events every day. At the same time the banking process is becoming faster, easier and the banking arena is becoming wider. As the demand for better service increases day by day, they are coming with different innovative ideas & products. In order to survive in the competitive field of the banking sector, all banking organizations are looking for better service opportunities to provide their fellow clients. As a result, it has become essential for every person to have some idea on the bank and banking procedure. Internship program is essential for every student, especially for the students of Business Administration, which helps them to know the real life situation. For this reason a student takes the internship program at the last stage of the BBA Program, to launch a career with some practical experience. The Banking Companies Ordinance was promulgated on the 7th June 1962. This has been adopted in Bangladesh and is applicable to the banking companies only. Nothing of this ordinance shall apply to a co-operative Securities Act (1912). Shahjalal Islami Bank Limited has a vision and mission to improve the financial sector of Bangladesh i.e. economic condition of Bangladesh by providing effective and innovative banking and financial product in financial market. However, in every economy of the world financial sector is highly regulated sector. Therefore, financial products of every bank are almost same as same law & regulations regulate them. Commercial Banks, as the very name indicates, function primarily as deposit takers and lenders to trade and commerce. But through a historical process, these Banks are now also engaged in long medium and short term industrial lending, agricultural financing including development financing. Commercial Banks are of three types Nationalized, Local Private and Foreign Commercial Banks. 1.2 Background of the study The BBA program (Stamford University Bangladesh) is designed to focus on theoretical and professional development of people open to take up business as a profession as well as service as a career. This internship provides the students to link up their theoretical knowledge into practical fields. This report is prepared for the internship program consisting of a major in depth study of the â€Å"overall activities of Shahjalal Islami Bank in banana branch†. This program enables a student to develop his analytical skill and scholastic aptitude. 1.3 Rational of the study In today’s modern and globalization world, business sector is competitive. Theoretical knowledge is not enough for a business student because there is a gap between theoretical knowledge and practical field. It is more competitive in the financial institution like bank. Now a day’s local banks are playing a key role for economic growth and development of the country. In that case Shahjalal Islami Bank is playing a pioneer role for structural development of the country. This study mainly covered the areas of performance of Shahjalal Islami bank, its services, types of deposits, remittance, loans & advance, recovery system and its growth. 1.4 Objective of the study 1.4.1 General objectives: The General objectives of the study are: ââ€" ¡ To fulfill the requirement for the completion of (BBA) program. ââ€" ¡ The general objective of this report is to fulfill the requirement for the completion of (BBA) program through internship report. ââ€" ¡ To acquire practical experience in different banking services of Shahjalal Islami bank. Understand the Islamic Sharia Based General Banking, Foreign Exchange and Investment Management of Shahjalal Islami Bank. 1.4.2 Specific Objectives: The Specific objectives of the study are: †¢ To make a bridge between the theories and practical procedures of banking day-to-day operations. †¢ To gather knowledge about the transaction of different department of the branch. †¢ To familiar with banking environment, clients, working hours, values, conditions and other things related to bank †¢ To understand present an overview of Shahjalal Islami bank 1.5 Scope of the study An infrastructure of the organization has been detailed, accompanied by a global perspective and look into the future. The scope of this report is limited to the overall description of the company, its services, and its position in the market and its marketing strategy. The scope of the study is limited to organizational setup, functions, and performances for customer satisfaction. The study would focus on the following areas: ââ€" ª General Banking of Shahjalal Islami bank Ltd. ââ€" ª Remittance and clearing section of SJIBL. ââ€" ª Credit operation of Shahjalal Islami bank Ltd. ââ€" ª Foreign Trade of Shahjalal Islami bank Ltd. Each of the above areas would be critically analyzed in order to identify the service quality of the bank. 1.6 Methodology of the study: Different data and information are required to meet the goal of this report. Those data and information were collected from various sources, such as, primary and secondary which is showed below: Data Analysis: For the analysis purpose I have basically undergone some financial analysis and also judged some qualitative factors responsible for the Shahjalal islami bank position in banking sector. To continue the study, I have collected the useful data by two methods: 1) Conceptual approach. 2) Empirical approach. These two data analysis techniques provided independently derived information that could be crosschecked, thus enhancing validity. Sources of collecting data: The information incorporated in this report has been gathered from primary and secondary sources. Apart from this, a review of related circular and office circular as well as face-to-face interview of the executives, officials and clients were carried out. 1.7 Limitation of the study There is a certain boundary to cover this study. It was not possible due to shortage of time to cover each and every activity performed by the bank. So the study has covered only the General banking Activities of Shahjalal Islami bank Limited. Like any other articles and theories, this study is not free from limitations. I have tried my level best to overcome these limitations through extensive study, hard and sincere devotion to the assigned duty. The major limitations are: †¢ I complete my internship in a small town branch, Banani branch. So I don’t get the proper information which I need. †¢ The bank personnel and officials were very busy with their occupational activities. Hence it was little bit difficult for them to help within their high schedule. †¢ Relevant data and document collection were difficult due to the organization confidentiality. Chapter: Two Overall Banking System 2.1 Banking Environment: During 2008, Bangladesh witnessed higher inflation that affected life of common people, labor unrest in garments sector- the highest contributor in export sector affected economic activities and business operations. Higher import cost of commodity prices, price hike in international oil market as well as money and credit growth resulted in higher inflation. As a result, the economy of the country showed every sign of recession. Despite this numerous adversities, closed the balance sheet of the Bank with an enormous per-tax profit of TK. 1216 million with excellent growth rate of 54.44% while the whole financial sector faced a slowdown. This credit worthy achievement has been possible due to our professional smoothness and confidence. 2.2 Global banking: In the 1970s, a number of smaller crashes tied to the policies put in place following the depression, resulted in deregulation and privatization of government-owned enterprises in the 1980s, indicating that governments of industrial countries around the world found private-sector solutions to problems of economic growth and development preferable to state-operated, semi-socialist programs. This spurred a trend that was already prevalent in the business sector, large companies becoming global and dealing with customers, suppliers, manufacturing, and information centers all over the world. Global banking and capital market services proliferated during the 1980s and 1990s as a result of a great increase in demand from companies, governments, and financial institutions, but also because financial market conditions were buoyant and, on the whole, bullish. Interest rates in the United States declined from about 15% for two-year U.S. Treasury notes to about 5% during the 20-year period, and financial assets grew then at a rate approximately twice the rate of the world economy. Such growth rate would have been lower, in the last twenty years, were it not for the profound effects of the internationalization of financial markets especially U.S. Foreign investments, particularly from Japan, who not only provided the funds to corporations in the U.S., but also helped finance the federal government; thus, transforming the U.S. stock market by far into the largest in the world. Nevertheless, in recent years, the dominance of U.S. financial markets has been disappearing and there has been an increasing interest in foreign stocks. The extraordinary growth of foreign financial markets results from both large increases in the pool of savings in foreign countries, such as Japan, and, especially, the deregulation of foreign financial markets, which has enabled them to expand their activities. Thus, American corporations and banks have started seeking investment opportunities abroad, prompting the development in the U.S. of mutual funds specializing in trading in foreign stock markets. Such growing internationalization and opportunity in financial services has entirely changed the competitive landscape, as now many banks have demonstrated a preference for the â€Å"universal banking† model prevalent in Europe. Universal banks are free to engage in all forms of financial services, make investments in client companies, and function as much as possible as a â€Å"one-stop† supplier of both retail and wholesale financial services. Many such possible alignments could be accomplished only by large acquisitions, and there were many of them. By the end of 2000, a year in which a record level of financial services transactions with a market value of $10.5 trillion occurred, the top ten banks commanded a market share of more than 80% and the top five, 55%. Of the top ten banks ranked by market share, seven were large universal-type banks (three American and four European), and the remaining three were large U.S. investment banks who between them accounted for a 33% market share. This growth and opportunity also led to an unexpected outcome: entrance into the market of other financial intermediaries: nonbanks. Large corporate players were beginning to find their way into the financial service community, offering competition to established banks. The main services offered included insurances, pension, mutual, money market and hedge funds, loans and credits and securities. Indeed, by the end of 2001 the market capitalization of the world’s 15 largest financial services providers included four nonbanks. In recent years, the process of financial innovation has advanced enormously increasing the importance and profitability of nonbank finance. Such profitability priory restricted to the nonbanking industry, has prompted the Office of the Comptroller of the Currency (OCC) to encourage banks to explore other financial instruments, diversifying banks’ business as well as improving banking economic health. Hence, as the distinct financial instruments are being explored and adopted by the banking and nonbanking industries, the distinction between different financial institutions is gradually vanishing. 2.3 Overall Banking Sector: Financial sector reforms to strengthen the regulatory and supervisory framework for banks made headway in 2006 although at a slower than expected pace. Overall health of the banking system showed improvement since 2002 as the gross Non-performing Loans (NPL) declined from 28 percent to 14 percent while net NPL (less Provision) reduced to 8 percent from 21 percent. This led significant improvement in the profitability ratios. Although the Private Commercial Banks (PCB) NPL ratio registered a record low of 6 percent, the four Nationalized Commercial Banks (NCB) position are still weak and showed very high NPL at 25 percent. The NCBs have large capital shortfalls with a risk-weighted capital asset ratio of just 0.5 percent (June 2006) as against the required 9 percent. For the PCBs risk-weighted capital asset ratio stood at 10 percent. Bangladesh Bank issued a good number of prudential guidelines during the year 2006 and the first quarter of 2007 which among others relate to (i) Rationalization of prudential norms for loan classification and provisioning, (ii) Policy for rescheduling of loans, (iii) Designing and enforcing an â€Å"integrated credit risk grading manual†, (iv) Credit rating of the banks, and (v) Revisions to the make-up of Tier- 2capital. Besides, recent decision of the Government to corporatize the remaining three NCBs along with the initiative to sale the Rupali Bank are bound to usher in changes in the banking sector competitiveness aspect. Bangladesh Bank has also taken up the task of implementing the Basel II capital accord. Further, the recent enactment of the Micro-credit Regulatory Authority Act (MRAA) for the regulation of the Micro Finance Institutions (MFI) has been a major development in the year 2006. Since 1998 CAMEL rating of banks gradually improved and in 2006 Bangladesh Bank updated this rating model by incorporating the market risk and the new model is known as CAMELS. 2.4 Banking System of Bangladesh The banking system at independence consisted of two branch offices of the former State Bank of Pakistan and seventeen large commercial banks, two of which were controlled by Bangladeshi interests and three by foreigners other than West Pakistanis. There were fourteen smaller commercial banks. Virtually all banking services were concentrated in urban areas. The newly independent government immediately designated the Dhaka branch of the State Bank of Pakistan as the central bank and renamed it the Bangladesh Bank. The bank was responsible for regulating currency, controlling credit and monetary policy, and administering exchange control and the official foreign exchange reserves. The Bangladesh government initially nationalized the entire domestic banking system and proceeded to reorganize and rename the various banks. Foreign-owned banks were permitted to continue doing business in Bangladesh. The insurance business was also nationalized and became a source of potential investment fun ds. Cooperative credit systems and postal savings offices handled service to small individual and rural accounts. The new banking system succeeded in establishing reasonably efficient procedures for managing credit and foreign exchange. The primary function of the credit system throughout the 1970s was to finance trade and the public sector, which together absorbed 75 percent of total advances. The transformation of finance priorities has brought with it problems in administration. No sound project-appraisal system was in place to identify viable borrowers and projects. Lending institutions did not have adequate autonomy to choose borrowers and projects and were often instructed by the political authorities. In addition, the incentive system for the banks stressed disbursements rather than recoveries, and the accounting and debt collection systems were inadequate to deal with the problems of loan recovery. It became more common for borrowers to default on loans than to repay them; the lending system was simply disbursing grant assistance to private individuals who qualified for loans more for political than for economic reasons. The rate of recovery on agricultural loans was only 27 percent in FY 1986, and the rate on industrial loans was even worse. As a result of this poor showing, major donors applied pressure to induce the government and banks to take firmer action to strengthen. 2.5 Perspective of Islamic Banking System: Banking plays a pivotal role in the development processes of a country. It helps accelerate the pace of development by securing uninterrupted supply of financial resources to people engaged in numerous economic activities. The tremendous development that the present world experienced in the last few decades was contributed by several factors among which growing institutional supply of loanable funds must have played the pivotal role. The role of banking is comparable to what an artery system does in human body. Banks both commercial and another development financial institution provide short, medium and long -term credits to businessperson and entrepreneurs who usually take the lead in ventures of economic development. Institutional supply of credits has been made possible by a system of financial intermediation organized in a way where conventional banks collect small saving from the public by offering them a fixed rate of interest and advancing the loanable funds out of the deposited money to enterprising clients charging relatively higher rate of interest. The margin between these two rates is bank’s income. Bank provides many other services to the people against service charges as well. Despite the outstanding contribution of conventional banking system (interest-based), several ancient and modern economists are critical about its efficiency level. Some economists consider role of interest in the conventional banking mechanism as a major destabilizing factor that contributes to cyclical fluctuations in the economy. Specifically, the ineffectiveness of interest rate as a stabilization tool during the period of Great depression is a case to note. Thus most of the economists called for urgent reform of the World Economies Order. In response though not exactly to that exigency but for quite a few other reason, a new system of banking known as Profit-Loss-Sharing has emerged in as many as 45 countries of the world. Another study provides a list of 248 Islamic financial institutions that are now in operation in different parts of the world. The second half of the twentieth century witnessed a distinctly separate line of thinking on banking. The thought later on got institutionalized at the end of third quarter and subsequently emerged as a new system of banking called Islamic Banking. At this stage, it is important to note the factors responsible for the emergence of profit-loss-sharing (PLS) system of banking. There are religious as well as economic reasons that have contributed to the emergence of PLS-banking as an alternative to its conventional counterpart. It is the prohibition of ‘riba’ in the Holy Quran that, according to the proponents of the PLS-system, was the source of inspiration for es tablishing Banks in line with Islamic shariah.

Public Safety Outweigh Petitioner s First Amendment Right

C. The interest of public safety outweighs Petitioner’s First Amendment right to record. Petitioner’s recording posed an unreasonable risk to bystanders, passing motorist, and the police, essentially creating an inherently dangerous situation. Kelly v. Borough of Carlisle, 622 F.3d 248, 262 (3d Cir. 2010). The Third Circuit has firmly recognized that traffic stops are especially fraught with danger to police officers. Id. A traffic stop always poses danger because of its unpredictable nature, but even more so, when a potential suspect is on the loose. Petitioner was a suspect for a crime of several residential break-ins, which a reasonable office would assume is armed and dangerous; thus creating a heightened risk to the officers’ safety. Furthermore, the Petitioner was stopped on the side of a road congested with traffic. If the officers do not maintain control of the situation, any unpredictable movement could result in grave injury; therefore, the police officers acted reasonably by minimizing the unnecessary danger added by Petitioner’s recording during an already dangerous situation. D. Petitioner’s recording is not a matter of public interest that carried any expressive or communicative purpose. The encounter Petitioner recorded is not a matter of public interest. Although there is a broad First Amendment right to film matters of public interest, the extend of that right to film public officials have not been explicitly defined by the Supreme Court or any otherShow MoreRelatedAliens : An Alien Who Arrives At The Nation s Borders7568 Words   |  31 Pagesbased on unauthorized entry, but rather, should be a â€Å"measure of last resort.† Therefore, simply detaining an individual as a method of deterrence is a violation of international law. The American Declaration on the Rights of Man, the International Covenant and Civil and Political Rights (ICCPR), the Refugee Convention and Protocol, and the Convention Against Torture (CAT) are the United States’ main governing bodies of international law. The American Declaration is not legally binding but it doesRead MoreTata Nano Case11008 Words   |  45 Pagesundertakings/ Development Authorities, at the public expe nse for a public purpose viz., employment generation and the socio economic development of the area by setting up a Tata Small Car project†. Local farmers soon began protesting the forced acquisition of their land for the new factory. As the protests continued through 2007 and 2008. Tata first delayed the Nano launch and later decided to build the car at a different location in Gujarat, instead. India s Ratan Tata had always expected his $2,500Read MoreNational Security Outline Essay40741 Words   |  163 PagesTipson 50 CHAPTER 18: The National Security Process 60 CHAPTER 19: intelligence and Counterintelligence 63 CHAPTER 20: Access to Information 65 CHAPTER 21: Freedom of Expression 70 CHAPTER 22: National Security and the Fourth and Fifth Amendments 73 R. J. Rummel, â€Å"Power Kills; Absolute Power Kills Absolutely (Oct. 1991) 77 A. Theories of Confidence-Building Measures 79 J.N. Moore, Law and the Indochina War 81 Henkin, Is there a ‘Political Question’ Doctrine? 82 STANDING 83 JNM, SOLVING

Bhopal Ethics - 1316 Words

The Bhopal gas leak was a terrible tragedy in which thousands of helpless civilians were killed and hundreds of thousands were injured as they slept. Determining who was at fault and, consequently, who should compensate the victims and clean up the site are questions that have plagued the affected parties, my Rotman classmates and the world at large for over 25 years. The analysis to follow, in attempting to present the roles and responsibilities of each major player, will demonstrate the incredible difficulty involved in assigning conclusive responsibility for the tragedy. This will be followed by my personal reflections on the incident in which I present an additional culprit to those discussed in class. Union Carbide Corporation (US):†¦show more content†¦Secondly, the Government neglected the densely-populated shanty town that had grown up near the plant on land deeded from local officials. Its residents were the first and main victims of the poisonous gas. Still, many will argue that a cost-benefit analysis made creating jobs and accessible pesticide for a poor and hungry region the proper priority. While many were ultimately harmed by the leak, how many more had benefitted from the poverty-alleviating jobs and hunger-alleviating crops? Here again we find valid points and counter-points, leaving us no closer to assigning conclusive blame and responsibility for the tragedy. Dow Chemical: While Dow certainly protected itself in the purchase agreement from a legal standpoint, there are those that suggest the proper ethical action is for Dow to assume responsibility for any outstanding clean up and compensation. While this may innately feel like the right thing to do, the counterpoint that Dow had nothing to do with the incident and should not be punished after paying fair market value for Union Carbide is also valid. Personal Reflection: Analyzing the conduct of the major parties has not produced any conclusive allocation of responsibility. It is clear that each party deserves significant blame but no party deserves total blame. There is, however, an overlooked culprit that I believe deserves the bulk of the blame: the expectations market that has hijacked the decision making of US corporations(1).Show MoreRelatedThe Ethics Of The Bhopal Disaster1347 Words   |  6 PagesIn the Business Ethics Foundation Terms class (September 2nd 2014), we discussed the ethical implications of the Bhopal disaster on December 2nd and 3rd, 1983. A plant that belonged to Union Carbide subsidiary had a chemical explosion, killing 10,000 lives (conservatively) and affecting the livelihood of local and their descendants. Although many reasons have been offered up to try to explain this disaster such as the poor establishment of the manufacturing plant, less stringent labor laws, non-existRead MoreTechnology And Its I mpact On Society1828 Words   |  8 Pagesthe Bhopal gas tragedy in 1984 and the Chernobyl nuclear power plant accident disaster in 1986. Not all of the minutiae of these disasters will be covered here as numerous credible sources that have already accomplished that task. Instead, this paper will attempt to highlight similarities and differences between Bhopal and Chernobyl on a broad, sociopolitical scale. The bulk of the material dissected for this paper is rooted in seminal work written about each disaster: Advocacy after Bhopal by KimRead MoreReaction Paper Bhopal Post1375 Words   |  6 Pagesï » ¿A Reaction of the Bhopal Case This reaction paper is based on the ethics case: Bhopal-Union Carbide. First, I discuss an overview of the case. Second, I relate the case to principles discussed in class. Third, I evaluate the various points raised in class and present my point of view. Overview of the case In December 1984, the pesticide producing plant, Union Carbide, leaked methyl isocyanate gas in Bhopal, India. A substance that accidently entered the methyl isocyanate storage unit caused theRead MoreBhopal Gas Tragedy - Who Is Responsible?1692 Words   |  7 Pages Bhopal Gas Tragedy – Who is responsible? It was a normal day in Bhopal – the heart of India. Fathers coming back from work, mothers cooking dinner for the family, some kids studying and most playing out in the gallis (small streets in India). After dinner they all go into their world of dreams. Kids dreaming of their games the next day, pregnant ladies dreaming of the fast approaching days when their babies would be born into this world, worker fathers dreaming of saving more moneyRead MoreBhopal Union Carbide Case analysis Essay1250 Words   |  5 Pages One of the worst cases of catastrophic event in history is the Bhopal Union Carbide case. Nearly three decades ago, the Union Carbide pesticide plant in Bhopal India had a devastated tragedy. The toxic chemical and methyl isocyanate gas leak from the plant killed thousands of civilians who were sleeping and injured hundreds of thousands of people in the nearby neighborhood. For those who survived from this catastrophic incident had injuries ranging from blindness to suffering burns of the skinsRead MoreUnion Carbides Bhopal Disaster1301 Words   |  6 PagesUnion Carbide s Bhopal Disaster In 1984, as if in a nightmare, a cloud of poison gas reached out and snuffed the lives of thousands of people in the sleeping city of Bhopal, India. The residents awoke to a terrible disaster, a chemical explosion whose memory could never be erased. At the center of the tragedy was the Union Carbide pesticide plant, and surrounding the accident were doubts and accusations of negligence and unethical practices. The Disaster On December 3, 1984, one of the worldRead MoreCase Study Action Plan: Union Carbide Bhopal Accident2186 Words   |  9 PagesCase Study Action Plan: Union Carbide Bhopal accident Learning Team A: Michael Proffitt, Amanda Garrity, Sean Riedel, Cippy Seidler La Shonta Fuller University of Phoenix PHL 323/Ethics in Management History: Controversy Union Carbide In December of 1984 controversy surrounded Union Carbide, a chemical and polymer company founded in 1917, when the company had a poisonous gas leak from their pesticide plant in Bhopal, India. (Union Carbide Corporation, 2011) This incident killed thousandsRead MoreThe Bhopal Tragedy23347 Words   |  94 PagesEXECUTIVE SUMMARY FOR THE BHOPAL TRAGEDY HISTORY AND BACKGROUND Bhopal is the capital city of Madhya Pradesh, the largest and one of the most economically depressed states in the nation. At 1970s, the public health infrastructure, sewage and waste system in Bhopal are still in very poor condition . Besides, mass casualty emergency response system also lacking in Bhopal. Union Carbide Corporation is one of the largest chemical and polymer companies in the united state. In 1984, Union Carbide operatedRead MoreThe Yes Men : Fix The World1726 Words   |  7 PagesChemical is claimed to be responsible for the Bhopal gas leak incident in India, since they bought out Union Carbide, while HUD had a hand in keep Hurricane Katrina victims out of their homes. In retaliation to these corporations not admitting â€Å"to have been in the wrong† Bichlbaum posed as a Dow Chemical spokesperson on BBC World in Paris and â€Å"announces that Dow will finally clean up the site of the largest industrial accident in history, the Bhopal catastrophe.† This announcement caused Dow’s stockRead MoreThe Invention Of The Television And Internet1300 Words   |  6 Pagesinject one of their group members on BBC, a respected news source, as a spokesperson for Dow Chemical Company. Andy Bichlbaum portrayed Jude Finisterra, a Dow Chemical spokesperson, and c laimed the company would be taking full responsibility for the Bhopal Disaster, a gas leak that took the lives of more than 8,000 people and injured hundreds of thousands more. An official Dow spokesperson swiftly denied Andy’s claimed actions and that he was not a real Dow spokesperson. This quickly put pressure on

The Enlightenment The Age Of Reason - 1126 Words

The Enlightenment, also known as the Age of Reason, was an important period in the history of Western Civilization during the 17th and 18th centuries - a time of social turmoil where societies were divided between social groups and struggled for freedom, equality and democracy (Seidman, 2008: 6). This time gave rise to remarkable social thinkers, known as Enlighteners, who pioneered a new science of society (Seidman, 2008: 5). These highly educated Enlighteners believed the world could be rationally understood and organized by applying a scientific method using reason and research. The Enlightenment sparked intellectual development and revolution in philosophical thought, generating vast political, philosophical and scientific advances. They believed that traditional social values and institutions were irrational and inhibited human growth and development, thus challenging the power of religious bodies like the Catholic Church, political regimes of Europe’s monarchies and landed aristocracy (Ritzer, 2000: 12). Mary Wollstonecraft was a liberal feminist and philosopher during this time. As the Enlightenment was generally thought to be a skepticism about and revision of institutions, Wollstonecraft exemplifies this transformation in social thinking. She was philosophically opposed to the institution of marriage, particularly how the law granted rights to a husband and deprived the wife. She refused to conform to the traditional values and rejected marriage because of herShow MoreRelatedThe Enlightenment Period : The Age Of Reason1332 Words   |  6 PagesAge of Awareness The Enlightenment period, also known as The Age of Reason, was a highly intellectual movement of the late seventeenth century and the eighteenth century Europe. This development highlighted reasoning, equality and more of a humanistic approach was taken as opposed to traditional practice. This period was heavily influenced by scientific thought, skepticism and intellectual stimulation. The plan of this era was to reform society and the way it used reasoning as well as oppose longRead MoreThe Age Of Reason Or Known As The Enlightenment1189 Words   |  5 Pagesthe Romantic Movement it was the Age of Reason or commonly known as the Enlightenment period. The Enlightenment was a period of scientific rationalization and scientific methods, it was an advanced way of observing the world. This time period rejected the idea’s of the church and celebrated the rational mind. Many of the enlightenment thinkers, â€Å" believed in rationalism and trusted human reason to solve the many pr oblems of life and society, and emphasized reason, science, and respect for humanityRead More Was The Enlightenment Really The Age of Reason? Essay1569 Words   |  7 Pagesâ€Å"Reason does not work instinctively, but requires trial, practice, and instruction in order to gradually progress from one level of insight to another† Immanuel Kant. Kant’s opinion of reason is that it is a force, which is ever-evolving and constantly building on previous insights. The Enlightenment is a historical period referring to the intellectual movement that swept across Europe in the 18th century. To tackle this question, I will be looking at two texts. The essays, ‘An Answer to the Question:Read MoreEnlightenment Essay example532 Words   |  3 PagesEnlightenment Do we at present live in enlightened age? What is enlightenment? Immanuel Kant attempts to clarify the meaning of enlightenment while composing the essay, What is Enlightenment?. The goal of Kants essay was to discuss what the nature of enlightenment was. It also taught one how enlightenment can be brought about in the general public. Kant explains that, enlightenment is mans release from his self-incurred immaturity. Immaturity is mans incompetence to have directionRead MoreOverview of The Enlightenment Essay949 Words   |  4 PagesThe Enlightenment was a period of history throughout the mid-decades of the seventeenth century and during the course of the eighteenth century, in which intense revolutions in science, philosophy, society and politics occurred. This part of history was important because it was an enormous departure from the Middle Ages. Seldom before and after this time, did the Church have as much power as it did during the Enlightenment. There were three main eras of the Enlightenment: The Early EnlightenmentRead MoreThe Enlightenment Paradigm Shift Within The Era1628 Words   |  7 PagesThe Enlightenment Paradigm Shift The Enlightenment era, between the 1500s and 1800s was a predominately intellectual movement that saw the development of new ideas, major changes in Church-State relations and scientific discoveries that are still fundamental today. Until the Renaissance and Reformation period the Church, from the ancient to medieval ages, had total domination. The Renaissance era set the ball rolling for the Enlightenment with the beginning of scientific inquiry and search forRead MoreKant : The Father Of Enlightenment1071 Words   |  5 PagesEssay 2 Kant: The Father of Enlightenment The 18th Century is referred to as the Age of Reason or Enlightenment as it was during this period that reason and individualism was advocated as a means of power. Science and reason were revolutionizing society by challenging the facts deeply rooted in tradition. This new rational way of thinking used logic to arrive at conclusions. Immanuel Kant, a German philosopher, was one of the primary figures of this era that cultivated reason and whose works have revolutionizedRead MoreKant s Views On The Enlightenment And Modernity923 Words   |  4 Pagesquestion are J.J. Rousseau and I. Kant. Both thinkers agreed that the Enlightenment would change society as they knew it, that it would allow the human being to develop, both individually and socially. I will consider both thinker’s attitudes as regards to the Enlightenment and Modernity, the individual, and finally to the individual’s responsibility in helping humanity progress towards a peaceful international community. The Enlightenment is the social and cultural period that brought about European ModernityRead MoreThe Enlightenment By Thomas Paine And John Locke1709 Words   |  7 PagesFinal Paper: The Enlightenment The eighteenth century embraced the beginning of an opinionated movement for new thinking about once unquestioned truths and actions. This movement, known as the enlightenment was more than a period of advanced ideas, as this unfamiliar way of thinking also lead to a change in the way that people began to operate within society. The ambition was lead by the attempt to break free from the past, overturning old ideas and moving forward. Enlightenment thinkers helpedRead More Age of Reason Essay example1161 Words   |  5 Pages An Age of Reason â€Å"Those who can make you believe absurdities can make you commit atrocities.† This brief quotation was spoken by the famous writer and philosopher Voltaire; I believe it vaguely points out that some people are full of absurd ideas, and for others to follow such nonsense is foolish. The quote is just a taste of Voltaire’s wisdom and knowledge of the world, during the Age of Reason. The Age of Reason or The Enlightenment is defined as a change in not just a way of thinking