The Ageing Population in Mauritius Essay Example

The Ageing Population in Mauritius Essay Discussions Impact of aging population in Mauritius The first aim of this survey aims to supply a thorough apprehension of the existent impacts of aging population in Mauritius. Since old people retire from their occupations, the incomes they generate are reduced and therefore they have to trust on pensions or insurances. Consequently, the aging population is really frequently faced with income security and poorness. Among the 80 questionnaires that were distributed, there were 18.5 % of the respondents were above 65 old ages. This was a really important figure and was the 2nd larger per centum after the age group of 20-35 old ages. Furthermore, the Mauritius Statistics forecasts that 20 % of the Mauritanian population will be above 65 old ages by 2025. One of the chief impacts of an aging population is that it increases the dependence ratio. There are comparatively more people claiming pension benefits and less people working to pay revenue enhancements. With the ever-growing aging population in Mauritius, it is likely that this will do jobs in the hereafter. Though 14.8 % of the respondents still live with their grand-parents and 12.3 % of them still assist their grand-parents financially, the dependence on the pension benefits do non look to diminish. Another impact is the increased Government disbursement on wellness attention and pensions. In UK, the old age pension is presently ?113.10 per pensionaries per hebdomad ( Population Ageing Statistics, Rutherford ) as compared to Mauritius, where the pension fund is Rs5, 000 per pensionaries per month. Since the per centum of old age is said to increase to up to 25 % by 2025, the Government disbursement will increase even more. Soon, the budget for old age wellness jobs sums to about Rs9.7 billion per twelvemonth and with a promising and important growing in the figure of old people in the hereafter, Mauritius is likely to confront serious budget issues. As such, as demonstrated in table 4.5 in the old chapter, 56.8 % people have that working people should pay a item for the elders’ medical services. This gesture can take a immense load from the Government outgo since people are non prepared to take old age pension financess even if an option, such as edifice places for the ag ed with all their required demands, is given to the old people as shown by the bulk of people who voted ‘No’ to the suggestion. We will write a custom essay sample on The Ageing Population in Mauritius specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on The Ageing Population in Mauritius specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on The Ageing Population in Mauritius specifically for you FOR ONLY $16.38 $13.9/page Hire Writer Furthermore, an aging population directs to a deficit of workers in a state. Since the old people retire and live on pension, and there are lesser figure of new-borns to finally work to pay revenue enhancements, the state faces a deficiency of workers. Mauritius is non far behind from a deficit of workers. In this consequence, 48.1 % of the respondents thought that promoting Mauritians to reproduce will work out the job whereas 50.6 % of them thought it would be better to engage immigrants to work here. Furthermore, since Mauritius will be seting a higher per centum of income into pension financess in the hereafter, due to the increasing sum of old people, it could cut down the sum of nest eggs available for more productive investings. Therefore, taking to take down rates of economic growing. Impact of security budget on aging population The 2nd nonsubjective emphasizes on the impact of security budget on aging population. With greater figure of old people, comes greater disbursals in footings of security. As of now, the Government is passing about Rs27.1 billion on societal security entirely in the twelvemonth 2015 and as per our research conducted by the questionnaire, 38.3 % people feel concern about this sum of outgo merely on societal security. 76.5 % of the respondents agreed that the well-off should be cut off from pension installations. This is a considerable thought because the Government is passing manner excessively much money on old people and acquiring nothing-in footings of finance-in return. Though many people ( about 75.3 % of the respondents ) thought that the freshly elected Government was right to increase old age pension from Rs3, 600 to R5, 000 in December 2014, a important per centum ( 61.7 ) agreed that it was simply a political technique to derive ballots. This addition in the pension fund has resulted in an addition of over 50 % in the Government outgo as compared in 2014. Over 186, 000 people benefit from the cosmopolitan pension. The National Monetary Fund ( IMF ) has already sounded the dismay about the aging population of Mauritius that could endanger the national pension fund. The fiscal establishment recommends an pressing reappraisal of the payment of this societal benefit expression. As concluded by aWorking Paperof the IMF entitledPension Reforms in Mauritius ; Fair and Fast Balancing Social Protection and Fiscal Sustainability, Mauritius’ old age pension state of affairs is considered unsustainable in the long term. While now it amounts to 5 % of the Gross Domestic Product ( GDP ) , funding for different pension strategies should make 11 % in 45 old ages. The aging population is seting strong force per unit area on public fundss. The figure of people over 60 old ages will be 50 % in 2050, whereas they represented 13 % of the population in 2013. The consequence of outgos on pension benefits, particularly the non-contributory pension strategy will be exacerbated ( Takoor, Petri, and Martin ) . If major reforms are non undertaken, the pension financess could do a deficit and could finally be liability for the province particularly when 79.0 % of the respondents said they are non ready to further prolong the societal security financially, besides their parts in VAT and NPF. Problems faced because of gender in an aging population Harmonizing to a survey made by the UN administration, adult females make up a significantly larger portion of the older population. This is because adult females tend to populate longer than work forces and therefore rendering them more dependent on wellness attention installations and pensions strategies provided by their state. In 2014, Mundi calculated the ratio of females to males above 65 old ages old to be 66, 643: 45, 145 of the entire population. The aged dependence ratio was calculated to be 12.8 % . Besides, the UN found that older adult females see some of the lowest literacy rates in the universe. Average degrees of illiteracy for adult females aged 65 or over are every bit high as 78 % in Africa and 53 % in Asia, compared to 58 % and 29 % severally for work forces in these parts. This earnestly impacts on the lives of the older adult females, forestalling them from accessing wellness services, procuring incomes, and traveling out of poorness. Furthermore, the fact that women’s life anticipation is greater than men’s means that wellness jobs that increase with age, such as disablement, affect a greater figure of adult females worldwide. It is anticipated that the overall prevalence and badness of disablement among older adult females will go on to increase, in line with the turning aging population and the higher proportion of adult females in the old age groups. For illustration, older adult females are more likely to endure from sightlessness than older work forces, particularly in low-income states where 44 % of instances are caused by cataracts. The greater the figure of older adult females, the greater is the dependence on wellness attention services. Furthermore, despite increased consciousness of maltreatment, favoritism, and force against adult females, concerns over the state of affairs of older adult females have mostly been ignored. Datas on force against adult females over the age of 60 is badly limited and research focussing on maltreatment of older adult females tends to be confined to developed states and based on little sample sizes. Impact of sustainability on the degree of protection of the old age The challenge for the hereafter is â€Å"to guarantee that people everyplace can turn old with security and self-respect and that they can go on to take part in societal life as citizens with full rights† . At the same clip â€Å"the rights of old people should non be incompatible with those of other groups, and mutual intergenerational dealingss should be encouraged.† ( United Nations, World Population Ageing 1950-2050, Population Division ) Social protection of the old age attack has addressed the multiple interlinked planetary challenges of poorness obliteration, environmental sustainability, and economic equity, and gender equality, just distribution of resources, human rights, and inequality. In Mauritius, though approximately 50 % of old people do non take public conveyance, the latter is still free for people above 60 old ages old. However, approximately 21.0 % find that this system should be abolished. Basic income security for people in old age is considered as necessary to avoid poorness among the old age. However, about 49.4 % of Mauritians find that Rs5, 000 is a hazard factor to the life of the seniors. This sum of money is considered to be excessively much and can set the life of the seniors at interest. Decision This chapter has discussed the assorted aims of the research work together with the informations that was obtained and calculated in the old chapter, information analysis. As shown, some informations obtained were in line with the aims of this survey. The following chapter will speak about the proposed recommendations. Recommendations and Decision Introduction In this chapter we will suggest a list of recommendations of how the impacts of aging population can be minimised. We will besides urge ways in which the security budget can be controlled, how gender equality and equity can be ensured, and how to guarantee a sustainability in the aging population of Mauritius. Housing for seniors: Elder friendly lodging Specific steps can be taken to ease the development of retirement lodging by the private sector, in peculiar, changing the length of land rentals to lower land costs, to ease elders’ demands in footings of lodging. Besides, through a reappraisal of the Code on Barrier-Free Accessibility, the Government can see presenting guidelines for the proviso of handiness and safety characteristics in the places for the senior people so that they have a more elder-friendly environment to populate in. in this manner, the seniors will more probably have a healthy life style and therefore decreasing the wellness outgo for the Government. Stretching the work force and working hours The engagement rates of adult females and aged people in the work force should be increased to guarantee more part is being brought economically to Mauritius. Harmonizing to the Organisation of Economic Co-operation and Development ( OECD ) , 49 % of the people aged between 60 to 64 old ages old in USA are still gainfully employed. There are many ways in which a higher engagement of the ‘young’ seniors ( aged between 60 and 65 ) can be achieved. Among them, the most of import are to rectify the incentive of early retirement, cut down the period of entitlement to unemployment benefits, and extinguish high rupture payment, extended occupation dismissal protection every bit good as senior status rules. Besides, by implementing new child-minding agreements and more originative on the job clip theoretical accounts and rushing up organizational reforms, the engagement of adult females within the work force can be increased. Additionally, the one-year working and/or mean hebdomadal times can besides be increased such that fewer workers have to work for more hours in order to counterbalance for a negative demographic consequence on possible growing. Thus, a higher portion of adult females will be put in the work force and a greater figure of parttime occupations will be switched to full-time places. It will besides necessitate an addition in jointly agreed hebdomadal working times. Migration Immigration can assist to decelerate down the procedure of aging and shrinkage of the population and extenuate its negative economic effects. The younger, more flexible and better qualified the population, the more favorable the result will be. Mauritius should advance migration and set suited migration policies where the policies do non merely halt at placing suited immigrants but besides assist them incorporate good into the society. It is besides really of import for Mauritius to advance harmonious race relations-which is non really hard, sing the fact that we are ourselves a multi-racial state. Better usage of bing resources and acceptance of new engineerings. We can assist people to remain active, healthy and independent by constructing age-friendly metropoliss and â€Å"smart homes† that deploy a scope of monitoring and supportive devices to assist older people manage life more efficaciously. We can re-engineer wellness systems to concentrate on disease bar and early showing, instead than on expensive intercession. With these steps, we will lend to making better quality lives for older people: lives that are besides inclusive and sustainable. Preventing falls schemes Given the magnitude of this public wellness job, policymakers should promote falls bar as a precedence and support policies and plans that aim to cut down hazard factors among older grownup populations. This may be accomplished in multiple ways. For case, increased support may be provided to Area Agencies on aging for broader execution of community-based falls bar plans. Certain falls bar schemes, such as place safety appraisals, could besides be integrated into bing senior outreach services and plans, such as Meals on Wheels. Enhance chances for physical activities among older grownups It is recommended that policymakers enhance the chances for physical activity among the seniors. Particularly, they should implement policies and targeted schemes that support active life for seniors. This involves placing and turn toing the barriers that presently prevent seniors from take parting in physical activities, raging up instruction and outreach attempts, and advancing community-based plans that incorporate strength, endurance, balance, flexibleness preparation plans. Some communities for seniors offer other societal benefits, such as equal interaction and support. This should be put into pattern by all the communities for the aged. Additionally, policymakers should back up a wide continuum of plans, runing from low to high strength degrees, available to people of all abilities, civilizations, and cultural backgrounds. 6.7 Extra benefits for extra old ages worked Some states offer fiscal inducements to workers who keep on working even though they have reached their retirement age. Normally, the inducements are calculated on the footing of part period, for illustration, an extra twenty-four hours, month, one-fourth, or twelvemonth worked after the retirement age. They can come be in the signifier of a individual fillip payment or a per centum addition in the concluding pension. If Mauritius were to follow this system, it will guarantee more people working and therefore more people paying the revenue enhancements. Encourage employers to retain and enroll older workers The Government should promote employers to retain and enroll older workers. One manner in which this can be achieved is for the Government to straight lend to the consts of using older workers ( Gineste, 2012 ) . Reducing unemployment benefits for older people Reducing unemployment benefits and take downing pensions could be an inducement to work longer. If the seniors have lower pensions and decreased unemployment benefits, they will be more acute to work for longer periods of clip so that they achieve a more hearty and comfy life style for the clip when they are non able to work at all. 6.10 Decision This research work has tried to foreground the impacts of the aging population and measure what is being done the Ministry of Social Security, National Solidarity, and Reform Institutions to convey about a sustainable development in the aging population of Mauritius. With the lessening in birthrate and mortality rates, life anticipation at birth has increased drastically. And despite this rapid aging population, it can be said that the Government, along with the concerned establishments, are endeavoring to maintain the population an economically productive and healthy one. To reason we have besides tried to explicate some suggestions which can be implemented in order to guarantee that the aging population procedure stays in control and that Mauritius does non endure or at least suffers the minimal impact of such a population.

Ronald McDonalds Goes to China Research Paper Example

Ronald McDonalds Goes to China Research Paper Example Ronald McDonalds Goes to China Paper Ronald McDonalds Goes to China Paper McDonalds entered Hong Kong in 1975 and Beijing only in 1992. After about seven years, there were already 235 McDonalds restaurants across China and in Hong Kong there were 158 franchises as of 1999 (Watson, 2000). Today, there are already about 200 outlets and more than 10,000 staff in Hong Kong (McDonalds HK, 2007) while in Beijing there are 90 outlets some of which are offer 24-hour service (CEN, 2006). The entry of McDonalds in China, although the country is known for its rich, deep-rooted culture, has become successful primarily because of the changing lifestyles of the people themselves along with the changing characteristics of the countrys demographics. This case study identifies the problems McDonalds in China is facing and recommends possible solutions to the problems identified. Problem Identification McDonalds is faced on the issues on how to stay competitive in the fast food industry and on how to take advantage of the many opportunities available for them. If McDonalds does not take advantage of these opportunities, its competitors are likely to grab such opportunities. According to Watson (2000), China is currently experiencing changes with its demographic characteristics such as changing family system, lifestyles, family values, aging population, and rising incomes. Due to these opportunities. China has become more attractive to other fast food companies that the number of fast food restaurants as well as the intensity of competition in the country is increasing. There is the KFC, Pizza Hut, Mos Burger, California Beef Noodle King, Starbucks, Yoshinoya, and recently, Burger King. All of them have their own market segments and have their own way of attracting customers. Burger King for instance had already entered the Chinese market in 2005 (AP, 2005) and can be expected to expand across China in the next few years. Burger King has many similarities with McDonalds from the quality of service to the quality of products as well as with the ability to attract customers. Additionally, Burger King also knows how to innovate and differentiate products from that of the competitors (e. g. patties are grilled thus the taste of its burgers is distinguishable from that of other brands). Another problem is that the taste of McDonalds beef patties does not appeal to the Chinese adults (Watson, 2000). This means that the adult segment of McDonalds market eat there not because they like the taste of the foods but because of the popularity associated with it and the comfort especially the children and teenage customers find at every McDonalds restaurants. Burger King, McDonalds number one competitor in the United States which has been proven to have better tasting burgers than McDonalds, may soon become a big threat to McDonalds if McDonalds will not give careful attention in improving the taste of its burgers to suit the taste preferences of the Chinese. Identification of Options or Alternatives McDonalds may implement one or a combination of the following alternatives: Intensify its communication and marketing efforts to ensure that McDonalds remains attractive to the younger consumers, making up with the loss made due to the unattractiveness of McDonalds burger to adults. McDonalds definitely has competitive advantage over its competitors due to its popularity and strong brand identity which was developed through its strong marketing and communication tools. This particular strength of McDonalds can be further utilized in order to sustain its competitive advantage. However, this alternative requires McDonalds to allot additional budget for its marketing strategies. Instead of allocating additional financial support for promotions and marketing, McDonalds may opt to allocate budget for research and development in order for the company to innovate and improve the taste of its burger patties; that is, integrate Chinese taste preferences with the American burger. McDonalds should conduct research to determine the specific taste of burgers that Chinese adults want and to alter the recipe of its traditional American burger patty. In other words, although Chinese customers are now embracing American foods, it will be better if they can still get to eat the Chinese way even at McDonalds. McDonalds must focus on product innovation. According to Nonaka (1991, p. 25) innovation means â€Å"to recreate the world according to a particular vision or ideal†. If McDonalds is really aiming to localize the company, it must then become serious in offering products with tastes that will be appreciated by the Chinese consumers.. McDonalds is a food company thus, its focus must primarily be on the taste of its products and not only on providing customers the experience of eating in a friendly restaurant. McDonalds may expand its operation by opening new outlets to be able to broaden its market reach and ensure that McDonalds has presence in all possible strategic locations. This alternative addresses the opportunities available for McDonalds; however, it does not really solve the second problem identified above.

Capital Gain & Fringe Benefit Tax

Capital gain is defined as capital in process and acquisition cost given by the capital holder. We can calculate the capital by the well known method, in which number one is known as Discount method. Discount method is applicable when history of transaction is at least twelve month old. The second method is Indexation method which is applicable when assets acquisition done before 21 st September and held for more than twelve month. The last one is residual method in which, we are calculating the capital gain when transaction history of less than 12 month. Therefore, at any condition we will apply the for calculation will come under this three tools.   The property bought before 20 th September 1985 which is further stated as   Capital loss (Long term): The is thumb rule for asset capitalization that, if there is any loss in long term capital then it can be waived against only by long term capital, if there is no gain for adjustment in the current year it can be carried forward to next year of assessment and can be settled only against Long term capital loss.   The is thumb rule for asset capitalization that, short term capital loss can be settled against long term capital gain of assets, if there is no gain for adjustment in the current year it can be carried forward to subsequent next year Assessment years and set off against both short term Gain and long term gain. Condition (a) It is very clear that Mr. Dave Solomon, who residing in his two story building for last 30 years going for sale now, the cost of purchasing this asset was $ 70,000, the sale happened for $ 8,50,000 on date of 27 th June of the present tax year. The residential building sale was organized through auction. The buyer paid him $ 8,50,00 as an advance for buying the house, but due to some unavoidable circumstances he is not able to pay rest of the money. In such condition there is rule of money forfeiting for i.e. advance money cannot be returned, therefore, finally there is profit of $85000 for Dave Solomon.   Condition (c) The Sale of luxurious motor cruiser which was happened 1 st June for $ 60,000 and this was purchased in 2004 for $ 1,10, 000. This was sold to local boat broker on that area  Ã‚  Ã‚   Condition (d)) As mentioned in the case study the selling of parcel of equity occurred which was of newly listed mining company on 10 th of January of the current year at the cost of $75,000. He sold these shares on 05 th of June of the current year for $80,000. During purchase these shares he borrowed a loan of $ 70,000 and paid interest on the loan of $5,000. In addition of these he has also given money for brokerage of share as $750 and also stamp duty paid by Dave Solomon for $ 250. There is a rule for income tax is that interest of loan is not included in the tax. Therefore, he is not liable to pay tax for interest part (Seidman, 2003).   Overall calculation for asset                             Ã‚                    Ã‚   As per given the detail calculated above, tax return of Mr. Dave shows that capital loss of $ 10,000 from the sale of shares, therefore, this can be adjusted with current year long term capital gain Therefore, Net Capital gain in long term = $ 1, 04,961 - $10,000 = $ 94,961   Net Capital gain is the sum of all gain arrived from sale from sale of capital asset subtracting loss in sale of capital assets, in this all losses of the capital assets is subtracted which also included loss on sale of capital from previous years as well. In other meaning of this ‘the tax on capital gain is tax which similar to gain occurred due to sale of asset and therefore, tax should be given for gain happened on sale of capital asset in the same year in which income has happened in which sale happened. Looking forward with given condition, Mr. Dave have gain on sale of assets in the same income year in which sale happened. Therefore, Mr. Dove has earned profit on sale of asset. So finally we can say that he can contribute to his superannuation fund. For doing this Mr. Dave al already maintained records of respective transaction which was happened during all the above stated process, for example, interest on loan, purchase receipts, fees for legal work, cost occurred in mi tigation of fees, and also record of brokerage paid on shares. (Peter 2016).   As per the above capital analysis, Net loss in capital is sum of all loss arises from sale of capital asset which includes loss from previous year, as per rule stated in condition (a) Mr. Dave cannot normalize his capital loss from other source of income but it can be carried forward for next years and deduct it from capital gain arrived in next years. Capital loss can be carry forward for indefinite periods if necessary. Mr. Dave does not able to choose not to normalize the losses against any capital gain however they can deduct such loss as per their choice with gain of capital. If Mr. Dave is not having profit in gain of capital, then he has to sell more of his assets or acquire loan so that he can contribute to his personal superannuation fund and then buy a rented city apartment and withdraw tax free amount from his personal superannuation fund once he attains the age of 60 in august of next year. (learn.nab.com, 2016).   First of all, I have to summarize all the things which is given in second part of assignment There was a manufacturer of bathtub its name is Periwinkle Pty ltd. This company provided a car to the Emma who is employee of this company and usually in regular journey for company purpose, but use of car is not limited to company purpose, this car is given by company and used for personal purpose also. The car was purchased by company at the cost of $ 33000 on 1 st of May 2015. The journey of Emma taken place about 10,000 km, during the period 1 st May 2015 to 31 st March 2016. There was maintenance cost incurred in car which is $ 550 and this was later given by company. AT one point of time the car was kept at airport. The duration of car parking was about 10 days at airport. Further, the car was given for maintenance and not used for about 5 days. A loan of $ 500000 was given to Emma by the company on the date of 1 st September 2015 at a lower interest rate of 4.45%. By using this amount Emma procured a holiday home at the cost of $ 4, 50,000 and the balance amount was given to her husband for the purpose of buying share in Telstra. One more thing happened in 2015 is that she has taken a bathtub from company Periwinkle Pty ltd. At the cost of $1300. The cost incurred for manufacturing this bathtub was around $ 700 and this company selling this bathtub at the cost of $2600.   The employer is liable to pay fringe benefit tax for their employee, if they have given facility either at no coast or at the lower cost from the market rate at it should be non-cash benefit given by the employer. If employee used this facility for personal purpose in this condition employee is also liable to pay fringe benefit tax This Tax is liable on Car parking, Property and Residual, Car, Loan, Payment of Expense, Housing, Airline, transport, The definition of Fringe benefit tax includes car as a wagon of station or any vehicle used to carry goods on net weight of less than one tons or any vehicle used to carry less than nine passengers. But when the car is used for personal purpose i.e. and such benefit given by the employer to the employee fill comes under fringe benefit and hence tax will be calculated on such benefit. If the car by the company is provided for the period of less than three month then it will not be considered as that employee is holding car and fringe benefit tax is not be computed. As per the condition given is case study the car which used by Emma comes under the definition of fringe benefit tax. Therefore, car provided by the company comes under the law of fringe benefit tax. Another thing is that car is also used for private purpose, and there is a rule that if the car is not at the premises of the employer and is given to employee for private use and the car is parked at the premises of the employee. The car for the purpose of maintenance is being considered as out of the rule of fringe benefit act. (Roger T, 2013)   In this scenario we have to note that car was not used for 5 days when it was given for repairing but car parking to the airport will be considered as car used by Emma for that 10 days. If car key is submitted by Emma to the employer, then these days are not considered as total days for fringe benefit tax. The total running of car is about 15000 km.   It is a general rule that whenever, loan is given to the employee at a lower interest rate, then it will attract fringe benefit tax. As the given condition load is given at the rate of 4.45% which lower than the market rate which 5.95%.   But as given in case study, $450000 were used for buying a house and balance amount is transferred for purchase of equity to her husband. But amount used by Emma for house purchase is $450000, in this condition tax will remain same as $7500   If the total amount is being used by Emma, then fringe benefit tax will be calculated by this method AS given in case study, the purchase of company’s product (bathtub) was taken place at $ 1300, usually this was sold at $ 2600.   Therefore, the difference in i.e. $2600 - $1300 comes and then Emma is liable for fringe benefit tax.   Ault, H. and Arnold, B, 1997,  Comparative income taxation. The Hague: Kluwer Law International. Daily, F, 2003,  Tax Savvy for Small Business. Berkeley: Nolo.   j, P, 2016,  Calculating Capital Gains Tax - the basics for Australian investors | delisted Australia. [online] Delisted.com.au Koulizos, P, 2013,  Property vs shares. Milton, Queensland: Wrightbooks.   Preve, L. and Sarria-Allende, V, 2010,  Working capital management. New York: Oxford University Press.   Ross, S., Westerfield, R. and Jordan, B, 2007,  Essentials of corporate finance. Boston: McGraw-Hill/Irwin. Scott, R., Currie, G. and Tivendale, K, 2012,  Company cars and fringe benefit tax. Wellington, N.Z.: NZ Transport Agency. Seidman, J, 2003,  Seidman’s legislative history of federal income and excess profits tax laws, 1953 - 1939. Clark, NJ: Lawbook Exchange. Taxation, 1995, Canberra: Australian Govt. Pub. Service.   Wilkinson, M,1992,  Taxation. Basingstoke: Macmillan.   Vataliya, K. 2008.  Management of working capital. Jaipur, India: Paradise Publishers.   Global Property Guide. 2016.  Australia capital gains tax rates, and property income tax.  

LEADING Essay Example | Topics and Well Written Essays - 750 words

LEADING - Essay Example through a process of training; education; self-study and experience and anyone can become a leader, provided he has the willpower and the desire to do so. Successful leaders, lead by example; establish missions; make a roadmap for success in the future; are decisive and solution-oriented. They do not isolate themselves from others; rather, they work as a part of the team; communicate on a positive level; are emotionally stable, and have the ability to deal with all kinds of emotionally stressful situations without keeling over. They are follower-centric and stand tall and strong with their followers. They are competitive with a high-level of conscientiousness; are bold and ready to take action and risks spontaneously. Judgment -The ability to judge is highly related to the ability to listen; absorb; as well as; to learn from other people; by asking questions of wise people and learning from their answers. Judgment and courage go hand in hand. One leader whose sense of judgment has often been spoken about and appreciated was President Reagan. He made some very correct judgments, on major issues of great national importance. (Johnson, P. 2005; Forbes 175 (10), 31) Humor is also a very essential ingredient of leadership. Although there have been a few leaders who were not known for their humor; even some of those leaders e.g. Margaret Thatcher has been known to crack the odd joke or two. President Lincoln, and President Reagan were known for their stories and one-liners respectively. (Johnson, P. 2005; Forbes 175 (10), 31) Subordinates always work with more gusto when there is laughter behind their work and the person they are looking up to in a leadership position makes them laugh and feel comfortable. Moral courage is probably one of the most important traits of a leader. It leads a person to adhere to whatever he believes in, despite every adversity; criticism or obstacle thrown in his way. Martin Luther King, Nelson Mandela and Mahatma Gandhi all had moral

Explain what the digital divide is; in your answer discuss the Research Paper

Explain what the digital divide is; in your answer discuss the advantages and disadvantages of improving the digital divide - Research Paper Example What does it mean? How did it happen? Does it have any positive or negative effect on our society? What benefits can be had from promoting a digital divide? Should the digital divide be promoted within our society as something that should be supported or not supported? These are but a few of the questions that I am looking forward to answering within the next few pages. I would like to start off this paper by presenting the readers with a basic discussion of the digital divide and its meaning. While the economic divide pertains the method by which the people of the world are separated by the amount of money that they have, the digital divide separates people in terms of their existing or non-existing access to the internet and other forms of communication technology. According to experts, the digital divide exists as a barrier between the urban and rural areas (Rouse, 2005). Upon closer inspection, one will come to the realization that the digital divide, also known as the digital split, refers not only to the people who have easy access to the internet and those who dont, but also among those who have or dont have access to information and communications technology. The term digital divide was then coined, in the 1990s in order to help explain the complex scenario. Due to the globalized market that exists between countries, the presence of the internet and other forms of telecommunication that can help ease the transfer of business information has become one of the utmost important business tools in our era. However, not all countries have state of the art information and communication technology infrastructures in place so the digital divide has already gone beyond borders, thus creating what is now known as the Global Digital Divide. Therefore, the digital divide is not limited to the social or economic statues of people alone. It also includes the members of society who use almost obsolete computers on infantile internet

Good and Evil and Beowulf Essay Example for Free

Good and Evil and Beowulf Essay Beowulf is the most famous epic of the Anglo-Saxon period. This is a story of an epic hero who fights against the most sinister monsters known to man. Beowulf and Grendel are the main characters of this tale; they are the perfect example of good versus evil, light versus dark, and hero versus villain. Beowulf is the story all epic hero stories have followed; the Beowulf with his hero qualities goes head to head with Grendel. Heroes and villains share a lot of qualities but a number of key characteristics set them apart. Heroes as well as villains above all are abnormal; they share their own specific goals and are often very intelligent and capable of achieving what they want or need to achieve. Both types of these individuals are often warrior like and of unique or even divine like powers and weapons. Despite sharing these characteristics they are not similar in their desires. Heroes fight on the side of right, they fight for the good of man and they fight for the safety of society. Villains fight for evil; they do not care about innocent people being injured by their actions and only seek self satisfaction. Villains recklessly murder anyone who gets in their way and the only ones who can stop them are heroes like Beowulf. Beowulf is a shining example of an epic hero who fights against the evils of the Geats. Beowulf is a warrior who praises god and aims to kill the monsters that plague his people. Bravest and the best of the Geats, Beowulf is a superhuman warrior who is out to kill the likes of Grendel for fame and glory. Grendel is the most sinister monster known to the Geats, he strikes fear into their hearts because of what he has done to innocent people. Grendel is an ugly and despicable monster who has hands forged in hell (ll. 64). Grendel is the enemy of mankind and specifically Beowulf, he is the shadow of death and lusts for evil (ll. 74). The conflict between Grendel and Beowulf is not one that is just a battle of fame or pleasure but one of righteousness and wrong. Beowulf must defeat Grendel for all of the evil he has committed and to honor those who have died defending themselves from this creature born in the depths of hell.

Free Oedipus the King Essays: Oedipus as the Hero Archetype :: Oedipus the King Oedipus Rex

Oedipus as the Hero Archetype  Ã‚   The character Oedipus in Sophocles' Oedipus the King follows a literary pattern known as the hero archetype. The hero archetype is a pattern involved with transformation and redemption. Manifest in three stages called the quest, the initiation, and the sacrifice, Oedipus is transformed from the redeemer of the city to the cause of its downfall. These three stages are clearly revealed and although they are separate entities, each intertwine. Prior to the opening of the story Oedipus begins the first stage, known as the quest. Oedipus learns from the oracle at Delphi that it is in his fate to kill his father and to marry his mother. To avoid this fate he leaves the only family and home he has ever known. He travels far and arrives at Thebes during a time of great turmoil, the city's men are being devoured by a sphinx who requires a riddle to be solved. Oedipus saves the city by answering this riddle. Twenty years later we enter the story and find the city under the cloud of a plague. Apollo's oracle has decreed the only way to end the plague is to seek out the murderer of the predecessor to the throne, Laius. Oedipus swears to find this murderer and cause of the pestilence in order to save his city. Oedipus enters the separation part of the second stage, the initiation, when the blind "seer" Tiresias charges that Oedipus himself is the cause of the pestilence. Oedipus goes through denial and then separates from himself through self-examination. Although warned to refrain from the search by his wife/mother, Jocasta, Oedipus continues to seek out the truth. This truth seeking leads to the transformation where Oedipus realizes that he is responsible. He had killed his father (although at the time he did not know Laius was his father) and married his mother (he did not know this either),thereby causing the plague. This realization was too much for Jocasta to bear and so she committed suicide. At the sight of this event, Oedipus feels immediate and unbearable guilt and blinds himself to the evils he has caused. At this point Oedipus enters the return phase of the initiation and realizes that he must live up to his own decree and banish himself from the city in order to save his peopl e. The third stage, the sacrifice, is symbolized by Oedipus removing himself from the city. Free Oedipus the King Essays: Oedipus as the Hero Archetype :: Oedipus the King Oedipus Rex Oedipus as the Hero Archetype  Ã‚   The character Oedipus in Sophocles' Oedipus the King follows a literary pattern known as the hero archetype. The hero archetype is a pattern involved with transformation and redemption. Manifest in three stages called the quest, the initiation, and the sacrifice, Oedipus is transformed from the redeemer of the city to the cause of its downfall. These three stages are clearly revealed and although they are separate entities, each intertwine. Prior to the opening of the story Oedipus begins the first stage, known as the quest. Oedipus learns from the oracle at Delphi that it is in his fate to kill his father and to marry his mother. To avoid this fate he leaves the only family and home he has ever known. He travels far and arrives at Thebes during a time of great turmoil, the city's men are being devoured by a sphinx who requires a riddle to be solved. Oedipus saves the city by answering this riddle. Twenty years later we enter the story and find the city under the cloud of a plague. Apollo's oracle has decreed the only way to end the plague is to seek out the murderer of the predecessor to the throne, Laius. Oedipus swears to find this murderer and cause of the pestilence in order to save his city. Oedipus enters the separation part of the second stage, the initiation, when the blind "seer" Tiresias charges that Oedipus himself is the cause of the pestilence. Oedipus goes through denial and then separates from himself through self-examination. Although warned to refrain from the search by his wife/mother, Jocasta, Oedipus continues to seek out the truth. This truth seeking leads to the transformation where Oedipus realizes that he is responsible. He had killed his father (although at the time he did not know Laius was his father) and married his mother (he did not know this either),thereby causing the plague. This realization was too much for Jocasta to bear and so she committed suicide. At the sight of this event, Oedipus feels immediate and unbearable guilt and blinds himself to the evils he has caused. At this point Oedipus enters the return phase of the initiation and realizes that he must live up to his own decree and banish himself from the city in order to save his peopl e. The third stage, the sacrifice, is symbolized by Oedipus removing himself from the city.

Meaning of Life and Br Essay

Fabio Moon and Gabriel Ba illustrated a story through comics that represent different moods and feelings in a series titled Daytripper. Comic books are a form of art, and they provide the reader with a broad spectrum of topics. Artist express the world through colors, symbols, and themes to show feelings, thoughts, and ideas and this can be done through various forms of art, which includes comic books. The illustrations in comic books help to convey the meaning of the story. In Daytripper, Moon and Ba describe Bras de Oliva Domingo’s life and how choices produce outcomes both good and bad. At a young age Bras believes that anything is possible, and one never knows what is in store for him at the end. His philosophy in life are the same principles as in fishing as one casts a line the excitement builds because one never knows what is on the end of the line. Water is reoccurring in the story, and it symbolizes Bras de Oliva Domingo’s struggles to stay above water through his sea of memories of his life. In the beginning, Bras feels there are no boundaries and one can explore as many opportunities life has to offer. Life’s daily decisions shape the outcomes both good and bad. The purpose is to learn from one’s past decisions and make changes improve our relationships and to be content with our lives in the end. The main character has ample opportunity to make changes along his journey for he experiences death at each phase of his life. Bras discovers endless possibilities from the seas from Iemanja, the spirit of the waters, in a dream they are riding in a boat through rough seas being tossed around with baskets that represent wishes and desires. Moon and Ba illustrate how in Bras dreams his life’s goals are laid out as he wishes. Just as water flows in and out, Bras dreams come in and out each night in his sleep. Bras flows through life just like water flows in and out never knowing where it will end up. Rougher waves represent new opportunities that continuously arise, but if one waits to long to take advantage of the opportunity then the waves may carry away the opportunity. As waves are continuously moving new chances will be present time and time again. Bras misses many opportunities because he is not willing â€Å"to go after his dreams† (203). His dreams tell him time is running out, and he needs to make the most of his opportunities. Each dream ends with â€Å"wake up before it’s too late† (203). Bras dreams about his possibilities and wishes he could take a chance to change his life, but he never does. Bras is just an observer in his dreams watching as the water passes by carrying the baskets. The dark colors and spirit of the waters are a main part of the artwork in the comic. Bras has responsibilities to his job and his wife, and he is content with both just cruising through each day. His life is similar to the ocean how the waves move along to the shore and effortlessly move back out to sea. He learns lessons along the way which he has no control and finds his wife frustrated with him from living a content and everyday life. Illustrations show water running full blast when they are not doing dishes or running any water. She later clinches the sink that is overflowing with water because Bras does not understand their life has joy and love. She wants her life to be less stressful so that the sink will stop overflowing. Just by Bras listening to his wife the water pressure will lessen, and the sink will not fill as quickly. Bras turns a deaf ear and does not listen, and the water just flows over the kitchen sink onto the floor. The overflow of water represents her stress, and he comes to realize he can help decrease the stress by making a few simple changes. She keeps trying to explain to him she cannot do it all on her own while he just sits there and listens. The overflow of water represents the burdens she feels by their life and needs Bras help to alleviate some of the daily pressures from her. As she pours him tea, the water flows up to the dining room table, and he finally understands her frustration over his laziness. At this point, Bras realizes by helping his family they will not be so overwhelmed and the water will stop overflowing. Just as the seas calm at times, Bras too feels tranquility at the end of his life. One late night he steps in the ocean and stares at the sky as it changes from dark and ordinary to a burst of stars symbolizing the calmness of the night. The peacefulness of the water helps Bras feel satisfied with his life. He feels at peace with his relationships with his dad, wife, and son. He smiles as he looks out on the calm ocean accepting his final destiny to be swept away by the sea. He stands in the water thinking for a long time accepting his fate, and the calm water represents he is at harmony with his life. The reader is left to complete his fate, which may just be Bras swimming out as far as he can until he the water carries him out to sea. The story connects water and life as a cycle that is continuously flowing. Water represents constant change just as one’s life changes through the years. Psychiatrists have used water for years as a representation of one’s mind because the deeper you go the more problems one may see. The ocean represents power and strength and people have the same characteristics. Every day we make choices and some outcomes can be predicted and others cannot. The beauty of the ocean is the unknown and change and how the meaning relates to life. One can change their behavior and possibly the outcome may change. It all is part of the cycle of life. Works Cited Moon, Fabio and Gabriel Ba. Daytripper. New York: DC Comics, 2011.

APA Paper Template

Fort Hood, the military reservation located in Killeen, Texas and 20-year- old Adam Lana fatally shot 20 children and 6 adult staff members of the Sandy Creek Elementary School located in Newton, Connecticut. Both males had a history of mental illness and the deaths and injuries could possibly have avoided if the gun control regulations were stricter or included a provision for restricting access to guns by persons with a history of mental illness. Public Safety Mental illness and childhood bullying has been a leading causes for many Of the shooting across the world.Public safety was the key to the debate in Connecticut after the tragic shooting of the Sandy Creek students and staff to demand stricter, more sensible gun laws. The primary goal is to protect the children and prevent additional massacres. President Obama wants to ban almost all reinserts of military surplus firearms to private entities. This will lead to the closure of a 1 1 a-year-old Civilian Marksmanship Program. The weapons used in the Columbine shutting were military grade weapons. The ban by President Obama is solely to keep military grade fire arms off the trees.The weapon used in the Sandy Creek Elementary School was a Bushmaster Model XML 5-SEES rifle. According to â€Å"There is so much ample evidence of the inability of the civilian world to control these weapons, that is no longer reasonable to entrust them to for that purpose,† Joshua Kickoffs, an attorney representing the families, said in an interview. â€Å"How many massacres do there have to be before that is realized?

gore essays

gore essays Vice President Al Gore is the Democrat candidate for president for this Tues. November 7,2000 election. Gore has many views on many issues, but his views on small businesses and minority small businesses are the following. Gore positions on small businesses are favorable. He supports the effort of the entrepreneur. He wants to make health insurance more affordable and more accessible for small businesses through a 25 percent tax credit for premium costs for each employee of a small business that decides to join a purchasing coalition. He also assists workers, up to $6,000, in obtaining training courses, or certification programs, that improve information technology skills. In the effort of support of small business Gore wants to provide a tax relief for stay-at-home-parents and expand family leaves for those working outside the home. He also wants to institute a Retirement Savings Plus Plan: Tax free savings accounts that will enable working Americans to build a retirement nest egg in addition to Social Security's guaranteed benefit. The Federal Government would match individual contributions with government contributions, with lower income workers receiving the largest contributions. These tax in centives will help small businesses to establish high-quality employee pension plans and proposals to simplify pension and improve portability. Al Gore belief is a strong believes in affirmative action and defends his position of the issue. Gore believes that Affirmative action is something that is still needed in America. He believes that the progress we've made in America toward civil rights in the 20th Century must be only the beginning of the progress we'll make in the 21st Century in the regard to racial equality. This ties in with minority owner small business by open doors for them. If elected president Gore will work to open up new doors of opportunity to neglected communities - with a third round of Empowerment Zones, t...

Support or Oppose Hobby Lobby decision Case Study

Support or Oppose Hobby Lobby decision - Case Study Example 3 par. A; Arndt, 2014). Hence the amicus to the court rightly observed that for profit corporations have obligations, power and privileges different from the natural individuals who created it2 3(Amicus, pg. par. A). Brougher thus observed that it is only individuals who could be deemed to have any basis for protection of religious rights4 (2014, pg. pg. 7). Besides, given than corporations are separate from individuals making them, they cannot be regarded as having conscience and feelings necessary for one to form a religious basis such as a belief in a deity5 (Ginsburg, pg. 14, par. 1). An artificial person cannot therefore claim rights attributable to natural persons (Ginsburg, pg. 14, par. 1)6. However, Justice Alito, who ruled in favour of Hobby Lobby, did not see this separation7. He argues that shareholders, employees and other officers of a corporation should not lose their religious rights or other such personal rights on account of their membership to a corporation because in any case, a corporation is no more less than an organization by which these individuals use to achieve their desired goals (Alito, pg. 18 par III, Tushnet, 2013, pg.74)89. Thus, the protection enjoyed by the corporation by virtue of its status extends to benefit members of the corporation as well10. However, in my opinion, this thinking does not take into consideration the intention of the law. For instance, the limited liability clause protects shareholders, employees and officers of a corporation up to a certain extent (Alito, 2014 pg. 17 part III; Ginsburg 2014 pg. 4 part I), meaning that they have to operate within a given confine of the law. The majority judge decisions thus tended to overlook this fat of law. The decision of the judge means that a corporation can now be treated as a partnership or sole proprietorship. The separateness between the corporation and the natural persons making it is what is referred to as the veil of

Organ Harvesting Research Paper Example | Topics and Well Written Essays - 2000 words

Organ Harvesting - Research Paper Example Medical science has recently succeeded in replacing defective kidney and heart like human organs with substitute kidneys and hearts taken from other people. Many of the dying people are ready to donate their organs when they realize that they left with no hope of survival. Such people donate their organs in order to save the lives of others who have defected organs. There is no harm in showing such mercy towards diseased people and it should be recognized as a noble act. However, many incidents from all over the world are currently coming out with respect to the forceful seizure of human organs from healthy people. In many cases, doctors conduct unnecessary surgeries and steal the kidney like internal organs and trade it for financial benefits. Even the person whose kidney has been stolen has no possibility of knowing what happened to him after the surgery unless he conducts further scanning or X-ray experiments. This paper briefly analyses various dimensions of organ harvesting. Bef ore discussing anything about organ harvesting it is necessary to discuss something about the state of death. Medical science has different opinions about the concept of death. Some medical experts argue death of a person happens when the brain stops it functioning. On the other hand others are of the view that death occurs when the heart functioning stops. There are many patients whose hearts are still working even though their brain became inactive. In any case, it is better to confirm the heart or brain death first before deciding about organ harvesting. The relatives of the patients can do many things in such situations. They can decide whether to sustain the life of such patients in such no hope conditions or not. Moreover, they can decide whether to donate the organs of such patients to others who are in need of it to save their lives. In any case, the donation of organs with the consent of the dying patient or with the consent of the relatives under certain circumstances can be accepted as a moral thing. â€Å"If someone has indicated that he or she wishes to donate organs after death, a transplant team can immediately move in and initiate the organ harvesting process after consent forms are signed by someone with the power of attorney for the patient† (What is Organ Harvesting?) In many cases organ harvesting is conducted forcefully or without the consent of the donor. The reports about forceful organ harvesting or stealing of organs are increasing day by day. No country, irrespective of developed, developing or underdeveloped, seems to be free from the antisocial activities or human right violation like organ stealing or forceful organ harvesting. Reports of forceful organ harvesting are coming from countries like, America, Britain, China, India, Israel etc. Robinson (2008) has reported some shocking incidents of organ stealing from India. Shocked but not surprised. That might be the best way to sum up India's reaction to the revelation this we ek that a black market organ transplant ring had been harvesting kidneys from poor Indian laborers, sometimes against their wishes, and using them in foreigners desperate for transplants. Police who busted the ring last week say doctors paid as little as $1000 for the kidneys and then sold them for as much as $37,500. The racket, based in Gurgaon, a business center close to the capital, New Delhi, drew victims from as many as eight Indian states and lasted for almost a decade. Police say the