Short History by Johnathan Riley-Smith free essay sample

The Crusades: A Short History by Johnathan Riley-Smith The Crusades: A Short History, composed by British Historian Jonathan Riley-Smith, offers an expansive outline of this piece of the medieval time, however he additionally investigates how students of history have endeavored to clarify these occasions in current terms. Riley-Smith additionally makes a point to take note of every single significant supporter of the Crusade development and their characters. Various researchers have pondered whether this was a political or strict crucial. This assists with starting the topic of why individuals would leave their homes and their families to chance their lives attacking a land that was a huge number of miles away for strict reasons. In his book, Riley-Smith makes this period wake up for the cutting edge peruser. He does an excellent activity of surrendering it over to the peruser to choose and decipher the material how they wish. He appears to have no predisposition. Johnathan Riley-Smith starts with the introduction of the crusading development and the thoughts that prompted the genuine campaigns. We will compose a custom exposition test on Short History by Johnathan Riley-Smith or then again any comparable point explicitly for you Don't WasteYour Time Recruit WRITER Just 13.90/page The foundation data about the convictions of these social orders and establishments of their pasts help the peruser to comprehend why they accepted the way that they did. He continues sequentially through ten sections to the Old Age and Death of the Crusading Movement, which happened somewhere in the range of 1523 and 1798. Riley-Smith shows how the savagery of the Crusades was legitimized by the convictions of that period. The individuals of that period analyzed this military activity as far as the aims in question. Nearly, in a way practically identical to that of a specialist who makes torment a patient so as to spare a real existence. Yet, likewise, he shows how the crusaders comprehended the subject of power and legislative issues. This included survey the Holy Land as a natural augmentation to Christs all inclusive realm, which implied that, to them, the Holy Land was Christs imperial space or patrimony. Numerous researchers currently will in general decipher the Crusades with present day belief system, focusing on factors that identify with foundation, financial aspects, governmental issues, colonization, and so forth. Riley-Smith clarifies the perspective of the huge greater part of crusaders, demonstrating that it was strict enthusiasm and outright dedication to the Roman Catholic Church, which was to a great extent associated and entrapped with their previous history and afterward turned into their predisposition that gave the inspiration that caused the Crusades. Subsequently, he shows how the clashing idea of the Crusades happened. For instance, attacking and slaughtering a grounds people for the sake of Jesus Christ, the Prince of Peace. The main section offers essential foundation data to understanding the underlying foundations of the campaign development. Riley-Smith makes way for the record of the First Crusade, which is the subject for the subsequent section, starting with the call of Pope Urban II to retake Jerusalem alongside a touch of political support. The third part portrays the workplace of the patriarch that existed in both Jerusalem and Antioch. Section four examines the settlement, control and safeguard of the Latin East that existed somewhere in the range of 1097 and 1187. Section five discussions about the early campaigns of the twelfth century and the Second Crusade. Part six contains the Third, Fourth and Fifth Crusades, which happened somewhere in the range of 1187 and 1229. Part seven covers the years 1229 through around 1291. Section eight portrays the Latin East quickly, and part nine likewise offers an outline, which talks about the assorted variety of the campaigns that happened somewhere in the range of 1291 and 1523. The book closes with section ten, which talks about the crusading development in its mature age, which incorporates the subjects of the Reformation, the military requests, and the Hospitallers of St. John and Malta. The Conclusion portrays how the Crusades have been comprehended in various recorded times. Notwithstanding these themes, Riley-Smith likewise offers portrayals of the few other Christian military tasks, which were incited against the agnostic people groups who lived in northern Europe, just as against the â€Å"heretics† living in the south of France and the Muslims living in Spain. I really appreciated this delineation of the Crusades. Despite the fact that I originally needed to ensure that I had a word reference convenient when I read it, I imagined that Riley-Smith made it extremely straightforward. He sentences streamed quite well and I loved the way that he left everything sequentially all together and didn’t go to and fro on numerous occasions. The sections were all around named for any peruser to comprehend what was in the material. I likewise appreciated the way that they weren’t extraordinarily long and dull. I imagine that this book showed me path more about the Crusades than I at any point knew previously. I had no clue about that it was all principally began for strict reasons. The pasts of one gathering of individuals who had never at any point been to Jerusalem or even observed it, assisted with building the establishment of the whole development. It simply is bewildering to me that those long periods of battling was being defended by Jesus Christ. I don’t imagine that battling for something you have faith in isn't right, I just didn’t truly know how the Crusades were begun. I felt that Johnathan Riley-Smith appeared to show no predisposition towards a specific perspectives when it resulted in these present circumstances book. I imagined that would be troublesome once I begun perusing and saw that it was about Christianity, probably the greatest religion on the planet. Everybody is predisposition with regards to religion so for him to experience the entire book and history of the Crusades without sounding â€Å"preachy† I thought was an achievement in itself. I scrutinized numerous pieces of this book however in light of the fact that I realize that despite the fact that it began for â€Å"religious gain† I despite everything imagine that it did at long last become to a greater degree a battle for control of land and force. I imagine that Riley-Smith is straightforward however it this book is still so expansive that it leaves a great deal for the peruser to unravel and choose what truly occurred. In all the examination that I did however in to the historical backdrop of the campaigns and Riley-Smith himself, I do imagine that he gives the most legitimate portrayal of the campaigns that I have ever observed to date. Like I stated, up to this point all the books I have perused or motion pictures I have seen, I never realized that the campaigns was established on the thoughts of Christianity. There are parts that I might want to try and return and read once more. I believe that he makes an awesome showing to keep the history intriguing just as making it simple to peruse. Johnathan Riley-Smith, I believe, is a truly educated antiquarian who might be an awesome hotspot for data regarding this matter. I imagine that his book worth in any event, utilizing in a class for a type of task or even a reading material. He doesn’t make it extraordinarily dry, exhausting, and you need to rest shortly like our course reading does to me now and again. I would suggest this book for any individual who might need to ever do a paper or any sort of school take a shot at the campaigns. I appreciated this book without a doubt.

Cultural Difference between Ch essays

Social Difference between Ch papers Social Difference among Chinese and Americans in Business Since household and global organizations are presently promoting their items and administrations around the globe, a comprehension of intercultural contrasts has gotten apparent. Supervisors of global partnerships and joint endeavors need to arrange, work, and make vital arrangements that adjust to social contrasts in every condition. As business associations with China increment, the board of worldwide endeavors and joint endeavors are starting to understand that achievement might be imperiled if consideration isn't paid to social contrasts (Brunner, Koh, Significant contrasts between the Chinese and the Americans incorporate language, geology, history, religion, and political and financial frameworks. These lead to social contrasts. Social contrasts might be intriguing to voyagers and to understudies of culture; however to agents, they are hindrances. Contrasts should be perceived before they can be comprehended. Just when we start to comprehend the distinctions would we be able to alter our way of life, change our strategic approaches to oblige the distinctions, lastly convey to our partners in a commonly justifiable way. Language is the main snag. The Chinese are putting forth huge attempts to learn different dialects, particularly English and Japanese. Americans, as well, are accentuating unknown dialects in nonliberal expressions. Business colleges stress language procurement. In any event, figuring out how to state please and thank you is an indication of generosity (Slate, 1993). Past the language obstruction, critical social contrasts block working connections. The Chinese are somewhat bunch focused, living respectively under a similar rooftop and cooperating in a gathering. They rely upon one another in their lives and in their work. They accentuate winning honor for the gathering or for the family. Americans, then again, are free and individualistic, ... <!

King or Queen of the World Disentangling Juvenile Delinquency Essay Example

Ruler or Queen of the World: Disentangling Juvenile Delinquency Essay Today numerous youngsters are exposed to changing ordinary examples that direct their connections and development between family, school and work. The known social layer that ensures a smooth procedure of socialization is gradually separating. Not at all like previously, the ways picked by youngsters are getting the chance to be increasingly differing and unpredictable.â The rearrangement of the work showcase, the augmentation of the period of reliance of the youthful grown-ups in the family and the restricted open door given to them to be free grown-ups impact the connections of these youthful grown-ups with their loved ones (World Youth Report, 2003).â â â The emergency of adolescent misconduct is quickly getting progressively mind boggling and broad and wrongdoing counteraction programs are either unfit to manage the current circumstance or in any case nonexistent. This is a worldwide issue, confronted by the created nations as well as creating nations too, everybody is conf ronted with indistinguishable issues from our childhood faces new weights in their progress from youth to adulthood is exposed to an assortment of stresses. A quickly developing populace, destitution, adverse lodging and bolster administrations, joblessness and underemployment, a decrease in the authority of nearby networks and congestion in poor urban zones, the disintegration of the family and inadequate instructive frameworks are a portion of the burdens youngsters must arrangement with. Our young grown-ups these days are exposed to singular dangers paying little heed to age, sex, ethnicity, culture and nationality but at the same time are given new chances, both gainful and harmful(World Youth Report, 2003). Our childhood gave the advantage of illicit open doors are customarily tricked into submitting different offenses, get into unlawful medications and become brutal against their companions. Youngsters who live in troublesome circumstances are at more serious danger of turning out to be delinquents (United Nations Report, 2000).â Children who are stranded or unaccompanied and with no methods for resource including lodging and other fundamental necessities are the ones that regularly fall into adolescent misconduct (World Youth Report, 2003).â According to United Nations report (2000) the quantity of kids in troublesome circumstances has ascended from 80 Million to 150 Million out of a range of 8 years (1992-2000). We will compose a custom article test on King or Queen of the World: Disentangling Juvenile Delinquency explicitly for you for just $16.38 $13.9/page Request now We will compose a custom article test on King or Queen of the World: Disentangling Juvenile Delinquency explicitly for you FOR ONLY $16.38 $13.9/page Recruit Writer We will compose a custom article test on King or Queen of the World: Disentangling Juvenile Delinquency explicitly for you FOR ONLY $16.38 $13.9/page Recruit Writer Reasons for Juvenile Delinquency One may take note of that the offenses done by adolescent delinquents are commonly needy by financial, social and ethnic layers in a given territory. One may understand that the adolescent guilty parties are regularly found to have experienced vicious practices during their youth either witnesses or casualties to such brutality (United Nations, 1995). The world youth report (2003) takes note of that the causative factors and conditions that lead to adolescent violations are frequently situated at each phase of the social system, the general public all in all notwithstanding, social establishments, gatherings and associations, and relational relationships.â One may understand that the decision of ‘careers’ by these adolescent wrongdoers can be gotten from a wide scope of variables the most critical of which is portrayed as follows: Financial Cause For the most part optional to financial hazards that prompts monetary emergencies, political flimsiness and winding down of significant social foundations including government funded instruction framework, open help and the family. Financial flimsiness is regularly connected with joblessness and low salary families, improving the probability of association in crimes of the young (World Youth Report, 2003). Social and Ethnic Causes World Youth Report, (2003) states that reprobate conduct regularly happens in social settings where there is a breakdown in the conduct of satisfactory standards, under typical conditions ordinary conduct directs that social principles and rules stop a person from perpetrating unsuitable practices, in the settings wherein the ordinary rules lose their importance, the adolescent frequently react by taking part in unsatisfactory practices that regularly lead to strange and frequently crimes. Urbanization Causes An examination of geology propose that in places where there are increasingly urbanized and have higher populace the probability for criminal acts is higher contrasted with a progressively rustic setting.â This might be because of social control separation and social comprehension. Country people group regularly depend on family and network control over the adolescent. All the more frequently the urbanized territories manage a progressively formal methodology in lawful and legal activities and an indifferent methodology that appears to be corresponded with the horror rates created inside the more urban network (World Youth Report, 2003). Family Research will show that kids who are exposed to adequate parental oversight are less likely to participate in crimes. Kids who are individuals from a broken family, portrayed by strife, lacking parental control, weak parental control, untimely opportunity are typically the youngsters that grow up to be delinquents (World Youth Report, 2003). It might likewise be noticed that despite the fact that youngsters who are individuals from distraught families who have less open doors for appropriate business and in this manner confronted with a higher danger of social exclusion are normally illustrative of the adolescent guilty parties. Rejection and Peer Influence The consistently expanding hole between the rich and the poor has prompted the development of the ‘others group’ or basically, the prohibition of certain people or gathering of people inside the worthy social layers inside the community.â This avoidance frequently prompts the crack of social ties, personality emergencies and assortment of hindrances that doesn't allow the person to develop past the mark (World Youth Report, 2003). One may understand this is a significant social structure, when the ’others’ are oppressed frequently to scorn or malignance by the socially acknowledged friends it regularly prompts hostile conduct that frequently drives the adolescent to apply exertion for acknowledgment or join a gathering of ‘others’ that are regularly reprobate, this ‘gang’ turns into their primary social association where the youthful grown-up has a sense of safety and welcome and along these lines most do anything so as to remain inside that gathering, including social unsuitable practices and criminal acts (World Youth Report, 2003). Media TV and motion pictures even news reports that sensationalize and advance criminal acts like the ‘cult of heroes’-a delineation of equity by physical nullification of awful components. Analysts have upheld that youthful grown-ups who watch vicious themed shows regularly act all the more forcefully, particularly when incited. Media may acquire viciousness to the youthful personalities three different ways. One, appearing of motion pictures that portray brutality acts and that jolt its crowd. Second, shows that show savagery particularly by guardians as a common every day movement. Third, viciousness appeared by media over sensationalizes the legend leaving less draining injuries and genuine torment that can really be felt in genuine savagery are not shown.â The American Psychological Association portrays proof that demonstrate TV brutality is to be accused for 10 percent of forceful conduct in kids. Forestalling Juvenile Delinquency Savagery against youngsters possibly noted as a factor that jeopardizes the privileges of the child.â It is basic that the legislature and important establishments submit themselves into taking care of the issue of adolescent misconduct. The Riyadh Guidelines discharged by the United Nations unmistakably expresses that the counteraction of adolescent wrongdoing is a significant perspective in clearing by and large crimes (United Nations, nd).â â It was noticed that early mediation is the methodology of decision if a successful misconduct program is to be implemented.â Educational projects to support the young and discover elective exercises as opposed to illicit conduct (Johnson, 1995) recreational exercises and youth improvement programs are basic to allow the adolescent to develop and be mindful grown-ups (United Nations, nd).â  Also, the neighborhood network ought to be given duty in forestalling adolescent violations. Projects ought to be created so as to enable the yo ung to evade misconduct and it is basic that the network and the nearby government bolster these endeavors (Gang 2000, 1993).â The family as a social foundation is additionally the main line of guard for these adolescent guilty parties, one must note that help for family should be a basic venture of the legislature and if the adolescent can be controlled from inside the family the odds of him/her going out to do violations is lesser than if the family neglects to control them. All in all endeavors to battle adolescent misconduct possibly gathered as ailing in exertion auxiliary to absence of errand situated social work that prompts a disordered course in dealing with the adolescent wrongdoers including their casualties (United Nations Report, 2000). End Adolescent wrongdoing can be derived as a multifaceted exhibit of infringement of the legitimate, social and moral standards, either minor or significant offense that is submitted by the youthful. One may deduce that these offenses originates from an assortment of variables that are undeniably more genuine than basic frivolous offenses. Destitution, absence of chances, social prohibition and a scope of facto

Andy Warhol the Founder and a Major Figure Essay Example For Students

Andy Warhol the Founder and a Major Figure Essay Warhol was fixated by aspiration to get acclaimed and well off, and he realized the main was to accomplish this was confidence difficult work. In the asses, he moved to a spot on East 75th Street, his mom moved with him. Warhol had fruitful profession as a business craftsman, he won a few honors from the Art Directors Club and the American Institute of Graphic Arts. In 1952, the craftsman had his first individual show at the Hugo Gallery, displaying Fifteen Drawings dependent on the Writing of Truman Capote. His work was shown in a few Other scenes during the asses, including his first gathering how at The Museum of Modern Art in 1956. Before long He had all of New York duplicating his work The asses was when Warhol started to make his first prints. They began for the most part dependent on funny cartoons like, Dick Tracy, Superman, and Popeye. In 1962 Warhol made prints of dollar greenbacks and Campbell soup jars. He additionally did numerous prints on popular individuals, including Marilyn Monroe, John Wayne and Nanny Oakley, He was notable for making prints with slight shading change, Whorls most loved printmaking strategy was silkscreen. In this equivalent year, 1962, he mounded The Factory, it a workmanship studio where he utilized in a somewhat disordered manner craftsmanship laborers to mass produce for the most part prints and banners, yet additionally some different things like shoes planned by the craftsman. Other from workmanship, the Factory additionally filled in as a producer studio. He made a progression of mother films about time, fatigue and reiteration which turned out to be underground works of art, for example, the Empire, The Chelsea and Blow Job. In November of this current year, Eleanor Ward demonstrated his artistic creations at Stable Gallery, it turned into a sensation November, 1964, his first independent display in the LLC. S was held at Leo Castillo Gallery. This is the point at which he started his self Portrait Series. Summer Of 1966, six Of his self representations was appeared at Expo 67 in Montreal, Quebec, Canada. In August of this current year he started to go to various schools over the Los Angles region and give Lectures, they turned out to be famous to such an extent that a few universities employed Allen Midget to mimic him for addresses. Warhol later moved and met Fred Hughes, Who later became leader Of Enterprises and Interview Magazine. At that point, on June third, 1968, Valerie Solaris. Individual from the company encompassing Warhol, and the sole individual from SCUM Society for Cutting LIP Men) strolled into Whorls Studio, The Factory, and shot Andy Warhol multiple times in the chest. He avgas hurried to the clinic and the specialists said he was dead, yet they chose to open up his chest and back rub his heart, to be safe. It worked and Warhol endure the endeavored murder in the wake of spending tuft months in the medical clinic Valerie handed herself over and was placed in a Mental Institute and later allowed a multi year jail sentence. A short time later, Warhol dropped out Of the movie producer business, however proceeded with sometimes With his nourishment to craftsmanship. During the sasss and Us, Warhol Status as a media symbol soar. He started distributing issues for Interview Magazine. In 1971 He opened his play, Pork, at the London Roundhouse Theater. He continued with his works of art in 1972 The Factory was moved to Broadway. In 1976 he did he Skulls, and Hammer, and Sickle arrangement. On February 22, 1987, a day of clinical shame, cited by a biographer, Andy Warhol passed on Although the projectiles didnt kill him, his own nerve bladder did. He passed on after a normal nerve bladder medical procedure, he was 58 years of age.

Business Essay Examples - Where To Find Them

Business Essay Examples - Where To Find ThemWe know that writing is an art and there are a lot of different examples of this in the world. Some of these are just not as easy to understand as others. In order to get a grasp of how to write a business essay, one must first understand the importance of having good examples. They will be the perfect place to start when you feel like you want to improve your writing skills.One of the things to remember is that your business essay should have a good example, otherwise you could end up with a disaster or even be given a very low grade. There are a lot of factors that go into choosing the right examples. It does not matter if your business is very small or very large, it should be something that will show your reader what you are talking about. The following are some tips on where to find great examples of business essay samples.You can find business essay samples online. There are websites that have these types of examples. However, these s amples will be limited in content and will only consist of some of the basic facts. The best places to look for examples of essay examples are on school websites, book stores, and newspaper articles.You can also take advantage of the local library. Many people use libraries to borrow books, journals, and even pamphlets. You can find books on just about any topic related to business.Other places that may have samples include popular online magazines and newspapers. You can also try looking in the college newspapers or the community bulletin. You may also want to ask the university or college if they have a publication that has a business section.If you are going to write your own example, you can also do so online. The best way to find the best examples is to Google the term 'business essay examples.' You will be able to find thousands of sites and articles that are free.If you choose to use these free online examples, make sure that you are using a good grammar and punctuation. You don't want to come across as unprofessional or amateur. You also need to make sure that you have a good idea of what you are trying to achieve.There are many good places to get good business essay samples. Just make sure that you are using the same set of techniques and examples throughout your entire document. A well written document will have a chance of being used by other people and get read over again.

Internet Addiction and Education (Essay) - 550 Words

Internet Addiction Effects on Educational Success (Essay Sample) Content: Internet Addiction Effects on Educational SuccessNameInstitutionInternet addiction refers to the use of the internet in a compulsive and obsessive approach. (Santrock and Halonen, 2010). The addiction comes from alteration of normal functioning of the addicts. The interference causes stress on the individuals. This happens mostly when they cannot access the internet facilities for a certain period. Wasting a lot of time online is an indicator of addiction in an individual. It starts slowly and with a considerable amount of time, the usage increases. In the end, the individuals fall victims of the addiction and cannot do without accessing the internet. This leads to internet addiction having various negative impacts on the educational success of an individual.Surfing the internet for long durations leads to inadequate sleep in individuals (Roberts, 2010). Thus, they become sleepy, restless, and fatigued more often. This affects their memory their reasoning ability. The refore, they lose concentration when studies are ongoing. In addition, whenever they have no access to the internet, they will spend much of their time sleeping. They will only become sober when they have their minds concentrate on the monitor or phones, at least doing something online, whether useful or not. Such students are likely not to think logically when required, for instance, in examinations and when answering questions in class. As a result, their academic performance deteriorates to unimaginable levels.Socialization of scholars is a very important aspect in institutional settings. However, internet addiction inhibits any form of socialization to the addicts. They never spare time to socialize with other students. The internet gives them the company they need, that is not human. They end up lacking real social life interaction. Therefore, they do not readily embrace cooperative learning. They avoid group discussions since they prefer individual work with the aim of tapping more time for their interests. Because of this they, grow lacking competence in communication and intellectual organization that are vital for academic success. This translates to poor academic performance (Lowinson, 2005).Students who engage most of their time surfing the internet have virtually no time to read. They watch movies and have online chatting with friends and unknown people, which makes them happy and relaxed. The limited time they have to read, gets consumed by unimportant matters. Thus, the students end up not attempting their assignments. They even forget revising for the examinations. They become academically illiterate, not because they are stupid, but lazy. They find procrastinating schoolwork good, but it leaves them with workloads that they cannot manage to accomplish. Therefore, they are often not in a position to answer e...

Impact Of Cosmetic Surgery On Society - Free Essay Example

Sample details Pages: 5 Words: 1503 Downloads: 4 Date added: 2019/10/30 Category Medicine Essay Level High school Tags: Cosmetic Surgery Essay Did you like this example? Cosmetic surgery What was onced used as a way to fix and restore is now a common step in the beauty routine of many Americans. Most Americans, because of social pressure and insecurities, are falling into the trap of plastic surgery. They are risking their health, trying to make themselves look better so they can feel better. Don’t waste time! Our writers will create an original "Impact Of Cosmetic Surgery On Society" essay for you Create order But after all the procedures they are no longer themselves and are they really any happier? Although cosmetic surgery was used more than 4,000 years ago to treat facial injuries it is now considered a common activity among most Americans, and it is negatively impacting our society. (Nordqvist, Christian.)It is a common misconception that best way to achieve a more beautiful self is not through hard work, discipline, and self-control, but through surgery. Cosmetic surgery should be illegal because it negatively impacts our society by causing unrealistic expectations of beauty, major financial problems, and it has detrimental health risks. By causing unrealistic expectations for beauty cosmetic surgery is having negative effects on our society. Most famous people have had some type of plastic surgery to enhance their looks. These stars are posted and plastered on magazine covers, billboards, and posted on all forms of social media. Teenagers look up to these celebrities.The world views these stars with the expectations of how everyone should look causing the average American to feel bad about themselves. This results in a rise in suicides, depression, and plastic surgeries. There was an investigation done to examine the relationship between self?presentational motives and physical activity in a population of cosmetic surgery participants. Participants were fifty female and five male cosmetic surgery patients who completed a battery of self?report measures following either vein or acne treatment. Analyses revealed significant group differences on self?presentational concern and public self?consciousness between: (a) tho se who elected the treatment for appearance motives and those who elected treatment for health?based motives, and (b) the more frequent (three or more times per week) and less frequent (two or less times per week) exercisers. Greater self?presentational concerns and greater public self?consciousness were associated with having appearance?related motives for treatment and with being a less frequent exerciser.(Culos-Reed, S. Nicole) In most medical specialties, patients don’t know what their problem is, and leave it to the specialist to figure out. Not so with cosmetic surgery. Here, it is the patient who knows what’s wrong and the surgeon who often has a hard time seeing it. This leaves him with a dilemma: either he has to send the patient home empty handed or he has to find some medically acceptable reason for an intervention as drastic as surgery. To illustrate this point, the speaker gave a slideshow with— what else?— before and after pictures. To my surprise, the patient was not a middle-aged woman with wrinkles who wanted a face lift, but a fifteen-year old Moroccan girl who wanted her nose done. According to this surgeon, this girl was only one among many similar cases: second-generation immigrant adolescents who were getting harassed at school for having â€Å"noses like that.† They became miserable, antisocial, and developed feelings of inferiority, he explained. It be came difficult for them to become assimilated into Dutch society. (Davis, Kathy) Plastic surgeon Michael Salzhauer, or Dr. Miami states â€Å"I think the influence of social media is enormous and cannot be overstated.†(Dr.Miami) Academy of Facial Plastic and Reconstructive Surgery brings shocking statistics to prove this theory. They found that over 40 percent of surgeons in the survey reported that patients said looking better in a selfie was their reason for getting surgery. This shows social media and the modern connectivity between fan and public figure can be held responsible for both glorifying and normalizing what was once considered an extreme step in self-improvement. Cosmetic surgery is not only hurting Americans self esteem and emotions but their wallets too (American Society of Plastic Surgeons.) Cosmetic surgery should be illegal because it negatively impacts society by causing many patients to go into major debt. There are two types of plastic Americans rely on- plastic credit cards and plastic surgery. These plastics feed insecurities even as they captivate us with promises. If theres one thing Americans are brilliant at, it is tricking themselves into thinking that they can make their future better than the present. Credit and plastic surgery offer â€Å"easy† shortcuts. This causes many to fall into debt, impacting both society and the economy for worse. (source)Dr. Alan Matarasso, president of the American Society of Plastic Surgeons, who works as a plastic surgeon in New York City says, â€Å"Cosmetic surgery is not covered by insurance, it’s what we call self-pay. Traditionally, the model was that you paid (the full amount) two to three weeks in advance†(Materasso). Insurance doesnt cover cosmetic surgery, but that doesnt stop most from going under the knife. It only increases their debt.   An American Society of Plastic Surgeons report found Americans spent more than $16 billion on cosmetic plastic surgeries and minimally invasive procedures in 2016, the most the U.S. has ever spent on such operations (Apr 12, 2017) (Rossman, Sean.). Claire Leeson, who got plastic surgery to look like Kim Kardashian, spent a total of $30,000 she didnt have on the procedure.(â€Å"I Spent $30,000 to Look like Kim Kardashian.†,NY post)   The Daily Mail reports that Leeson was bullied for her looks as a teenager and attempted suicide several times throughout adolescence. Her transformation was a direct response to that poor treatment, a way to reclaim herself and feel beautiful. Unfortunately, its also hurting her financially.(Daily Mail)   Despite record unemployment, rising health care costs, and sinking home values Americans spent out more than $10 billion on cosmetic surgery and other procedures last year. This hurt the economy more than it hurt the individuasl. Almost half of Americans have less than $10,000 saved for retirement, but millions of them are not hesitating a trip to the plastic surgeon. Not only is Cosmetic surgery negatively affecting the economy, but Americans health and even lives are endangered by the many procedures being done.(American Society of Plastic Surgeons. â€Å"Dangers of Plastic Surgery Tourism.†) Cosmetic surgery, like any type of surgery, is not without risks. Plastic surgery procedures can result in complications ranging from an unattractive or unnatural final result to scarring or even death. All surgeries, including cosmetic procedures, carry risk. People who have a history of cardiovascular disease, lung disease, diabetes or obesity have a higher risk of developing complications such as pneumonia, stroke, heart attack or blood clots in the legs or lungs. Additionally, smoking increases risks and interferes with healing. There are many possible complications for any surgical procedure. Complications related to anesthesia, including pneumonia, blood clots and, even death are all possible. Infection at the incision site, which may worsen scarring and require additional surgery. Fluid build up under the skin. Mild bleeding, may require another surgical procedure, or bleeding significant enough to require a transfusion.   Obvious scarring or skin breakdown, which occurs whe n healing skin separates from healthy skin and must be removed surgically. Numbness and tingling from nerve damage, which may be permanent. Not only are there long term risks but even the recovery from these surgeries can be long and painful. Even with instruction and preparation, the bruising swelling that follow cosmetic surgery and how long they last is alarming. Bruising can take a minimum of three weeks to diminish; swelling can take even longer. Getting up and moving frequently after surgery is very important to minimize risk for blood clots, which can be deadly. Flying or driving long distances makes this hard to do—and blood-thinning medications to reduce risk of blood clots, such as Aspirin, are off-limits after cosmetic surgery. Sitting in a cramped plane for hours or enduring a bumpy car ride also can be uncomfortable on healing incisions. To minimize these risks, a person would need to spend several weeks taking it easy. Recovery time is long and while recovering a person is limited in what they can do. (â€Å"How to Stay Safe When Traveling for Cosmetic Surgery.† American Board of Cosmetic Surgery) Cosmetic surgery negatively impacts our society by causing unrealistic expectations of beauty, major financial problems including debt, and it has detrimental health risks. Society’s unrealistic beauty expectations cause many to feel insecure and ugly resulting in the hope that plastic surgery will make them look better. Plastic Surgery causes many to fall into debt, impacting both society and the economy for worse. It is not without risks. Plastic surgery procedures can result in complications ranging from an unattractive or unnatural final result to scarring or even death. In conclusion cosmetic surgery is not a solution but a problem. Going under the knife will not help a person to feel better and will instead put their health and emotional wellbeing at risk, not to mention break the bank. Americans should look past social expectations and be who they are living real lives full of real happiness.

WARNING This Essay Has No Title! - Free Essay Example

Sample details Pages: 19 Words: 5678 Downloads: 6 Date added: 2017/06/26 Category Statistics Essay Did you like this example? Chapter 1 1.0 Introduction. Schools / education institutions were traditionally a place for professionals to conduct their activities and a place for them to spend their leisure time. Then it gain respect and trust from the public it evolve as a place to learn knowledge and gain information. In recent years, government across nation and continent has increase or at least putting a certain amount of their spending in education sector. Don’t waste time! Our writers will create an original "WARNING: This Essay Has No Title!" essay for you Create order Malaysia in particular has taken measures to increase its spending on education substantially. It is believed that education work as a tool to improve oneà ¢Ã¢â€š ¬Ã¢â€ž ¢s income and promote economic growth as a whole. Quality education has to be provided to people from all walks of live especially those who can not afford taking private education Jallade (1976). One way or another, school is assigned to take on the hard intellectual work of educating students which in return benefits the society in many ways mainly in improving income distribution. On the other hand, spending in education has take into account from various sub sectors not only by building physical assets such as school, college or university. Spending include providing sufficient teaching materials as in book and notes, teaching equipment as in projectors and computers. Those are just to name a few, besides that, research and development of a better education system is another major part in education spending. Everything has its value and cost so does education. Hence, there will be no free way to educate people. While fore-seeing education is able to increase oneà ¢Ã¢â€š ¬Ã¢â€ž ¢s earning and improve income inequality, there must be a definite amount of money has to be invested in the education sector. Even investing in education has been done, to improve and ensure the less fortunate groups of people is able to be to retain benefits from it, government spending on public education has to be emphasized. 1.1 Background of Study Malaysia as a developing nation which work hard on increasing its production and improve its income distribution at the same time is putting big effort to ensure the goal is within reach. Therefore in order to achieve the objective, Malaysia has adopted policy to increase its spending on education. For decades education is believed to be a catalyst in increasing oneà ¢Ã¢â€š ¬Ã¢â€ž ¢s income. Besides that, education also makes social mobility possible. As social mobility is made possible, better income distribution among household is no longer beyond reach. Income distribution in Malaysia has not reach the ideal level. Meanwhile, there is as well room for increase in production which in turn leads to economic growth as a whole. Even though Malaysia stands a good reputation among countries in South-East Asia with respect of its economic wise but in term of its education quality, income as well income distribution it is far behind from its neighbouring country such as Singapore. Realizing education has an important role in promoting not only income and income distribution, Malaysia has increases its spending over the years. On top of increase its expenditure on education, Malaysia also adopting policies of better education distribution which in turn promote income equality among Malaysians. Stylized Fact Figure 1.1 Government Education Spending (RM Millions) from 1976 to 2008 Sources: World Bank Data Figure 1 shows Malaysia government education expenditure in RM/ million from year 1976 to 2008. From the graph above, it display a continuity increase in education spending from 1976 to 2002. A significant increase in the expenditure is recorded in 1999 (RM 3856mil) to 2002 (RM 12436mil) where RM 8571mil increment took place in 4 years time. The significant increase in the spending is due to government policy to emphasize on human capital development under the ruling of Tun Abdullah Ahmad Badawi. After the major increase, education spending seems to drop a little for the coming few years. However, the spending is considered increase consistently over the years from 1976 to 2002. Figure 1.2 GDP Per Capita (Constant 2000 USD) from 1976 to 2008 Sources: World Bank Data Figure 1.2 demonstrates GDP per capita at constant 2000 USD from the year 1976 to 2008. Base on the graph above, it display a steady increase in GDP per capita from 1976 to 1984. However, there is a slight decrease recorded during 1985 due to economy downturn in the 1980s. A steady increase is continued to take place from 1986 to 1997. As Asia financial crisis occur in 1997, it has lead to a decrease in GDP per capita at the following year. It has drop from $4044 USD for 1997 to $3654 USD for 1998. After the crisis took place, Malaysia economy is recovering and again GDP per capita shows a positive increase from 1999 to 2008. GDP per capita increase has a similar pattern with the increase in government education spending. Therefore it is believe there is a positive relationship between the two variables. 1.3 Problem statement. Government education expenditure is mainly invested in public education system as to enable people from all walks of life to receive its benefits. In order to achieve the objective, government expenditure has to be fairly distributed. Uneven education distribution will result in a wider gap of income inequality among household who participate in different economy sectors. As the poor is unable to equip themselves with necessary knowledge and skills to increase productivity, they are trapped in a situation where they work with low productivity and low income. Without proper education, whichever sector a person participates in, it would not allows them to earn higher income. While particularly for those who work in primary sector, insufficient education make impossible for them to shift to other sector. At this moment, if government education fund is not properly channeled there will be a problem where those who has potential in upgrading their knowledge and skills but can not afford to study in private education will be such a waste. Recently launched New Economic Model (NEM) has stated a plan to turn Malaysia to a high income nation. Therefore failing in utilize government public education spending will have a significant effect in producing high productivity and skillful individual resulting Malaysia unable to achieve high income nation. More over, is the education spending is unable to reached targeted groups there will be a situation of the less wealthy continuously trap in their initial social status. It happen so as they are unable to close income inequality gap thus the rich is richer and the poor remain poor. Thus, the study of how significant is the effect of government public education spending on income distribution and income growth is conducted. On the other hand, this study will also identify the significance of income distribution and income growth in Malaysia. 1.4 Objective of Study The general objective in this study is to discover if Malaysia government spending in education is enjoy by every citizen particularly those who are less wealthy and unable to gain access to private education. Besides that, this study is to carry out observation whether income is fairly distributed among Malaysian as economy growing. The specific objective in this study is to examine the effect of government education spending towards income distribution and income per capita in Malaysia. 1.5 Significance of the Study. Government spending on education is recorded in an increasing trend for the past decades. Therefore it is crucial to identify if the spending has a strong positive effect on income growth and income equality. Implementation of proper policies according to current situation are acquired in order government spending is used efficiently. 1.6 Organization of the Study. Through out the study from the beginning towards the end, it is divided to 5 chapters. Chapter 1 in this study consists of introduction, background study, stylized fact, problem statement, objective, significance of study and as well as organization of study. As for chapter 2 it only compromise literature review. While chapter 3 covers methodology, source of data as well as reference. Chapter 4 includes hypothesis, analysis of test and also review on the result obtained. Finally, chapter 5 concludes upon the conducted study. Chapter 2 2.0 Literature Review Income Inequality In recent years, there has been an increasing amount of literature on the effects of government social and education spending on income distribution. Most people will preferred a less skewed income distribution to a highly skewed income distribution. (Sylwester, 2002). As income inequality will do more harm than good to a nationà ¢Ã¢â€š ¬Ã¢â€ž ¢s economic. For an instance uneven income distribution will affect political stability in a country. Giving many undesirable outcomes from income inequality on economic and political environment, its better to understand how policies are made to affect the income distribution. A common opinion is that education play a vital role in decreasing income inequality. Therefore producing human capital as a way to overcome income inequality and gain support over public education. Countries with more human capital tend to have less income inequality. (Sylwester, 2002). Under this circumstance, public education plays a very important role to lower inco me inequality as public education can be enjoyed by people from all walks of life especially the poor. (Jallade, 1976). As a result public education will decreases income imbalance subsequently. On the other hand, Slywester (2002) comes up with a model where income inequality can be lowered provided one has sufficient wealth to give up income and attend school. However, if one is too poor, the income inequality will worsen as the poor are taxed over revenue but fail to enjoy public education. On top of that, many of the public education expenditure do not reach the poor, so it does not rectify income imbalance. As a result, there is no guarantee on lower income imbalance while there is more budget with respect of GDP on education spending. (Sylwester, 2002). Although countries with high human capital has lower level of income imbalance, but subsequently they will have hard time to further reduce income inequality. Countries that commit a bigger portion of budget with respect of GDP on education have lower income imbalance in subsequent years. (Sylwester, 2002). Spending on education is vital in producing human capital and in return reduced income inequality and promotes econ omic growth. (Sylwester, 2002). Seeing that as a way to promote economic growth, countries with relatively high level of income inequality will spend more on education hoping to achieve reasonable level of income imbalance. More generally, spending on education will increase only if the spending produced a less skewed than the initial income distribution. (Jallade, 1976). Spending on education in well developed countries have a faster pace of reducing income imbalance as to compare with less developed countries that slowly reduce the inequality. (Sylwester, 2002). Level of income inequality is less effective measured in well developed country as the rate is based on samples and not represent the country as a whole. (Jallade, 1976) Recent literature consist a study on education to improve productivity in farming industry hence increase income and lower income imbalance. Tao (2004) has mentioned in his report an agricultural based province with schooling will encourage farmers to invest more labor and capital to nonfarm production rather than farm production. Transformation across sector has contributed an increase in income for the participants. On the other hand, advancement of technology compatible with the transformation enable productivity efficiency in return generates higher income for households. Education is the engine to facilitate resources allocation as they expend the nonfarm production. (Tao, 2004). Besides transformation, education as well enable enhancement of human capital to think critically and respond correctly on market changes. In particular improve farm allocation and farmersà ¢Ã¢â€š ¬Ã¢â€ž ¢ skills. Education has a greater effect during technical change period as it will facilitate the use of market inputs. On the other hand, education has a bigger effect in modern and dynamic environment as schooling during transition of market and political environment in Chinaà ¢Ã¢â€š ¬Ã¢â€ž ¢s policy reforms. (Tao, 2004). However, return from education can be still exploited whenever there is chance of increasing its return. Schooling plays a vital role in educating people to allocate scarce resources in critical field which increase oneà ¢Ã¢â€š ¬Ã¢â€ž ¢s income. For the period of modern day, education is not only used in improving technical efficiency but as a path to obtain managing skills. Managing skills mentioned is not farm managing skills but skills on transforming agricultural products to nonagricultural products. (Tao, 2004). Persons who obtained those skills will likely be chosen as decision maker in the family. Based on Tao (2004) finding, there is an obvious increase in income of household during the period of policy reform. There is a positive relation between education level and sustainable income growth. Positive relation between education level and sustainable income growth is very crucial for policy makers to ascertain spending on education to strengthen the system. Meanwhile, having more physical capital and human capital in nonfarm sector is another form of positive relation with education. Where by skills and knowledge attained from education is utilized in controlling capital assets. (Tao, 2004). Therefore, family with the highest education tends to put in more human capital in nonfarm production to increase their income proportionally. Moreover, schooling works as a catalyst in household to respond quickly to the environment and market changes (farm to nonfarm production) in return generates income growth especially in suburban area. Education works as a stepping stone for individuals to shift up in the social ladder. (Jallade, 1976). However, an effect of education on income distribution is actually smaller than expected and we can not depend greatly on education to equalize income distribution. Socio-economic groups at large still depend highly on education as social mobility even though the effect is no significant. Similar cases happen relatively higher in many developing countries where middle class household trying their best to secure a place in university in hope to have a social mobility in future but it is still an open question. (Jallade, 1976). In the sense of private education, unequal income lead to unequal consumption in education is a fact. There fore, government has to play its part to provide public education for the society. From the other point of view, spending on education has to take into account that to what extent does educational development has towards schooling distribution, not only consider development in education towards income inequality. (Jallade, 1976). Thus, the poor has to be compensated for their not-so-high investment in education. As the poor increase their involvement in higher education, chances to improve education level as a whole is higher, it will indirectly decrease income inequality among household. There are debates over the quality of private education able to provide as to compare with public education. (Jallade, 1976). In order to ensure there is a balance between private and public education, (namely higher education) government not only required to regulate policies for public education but also required to invest more resources in it. One way is subsidization. Government subsidization in education encourages somehow a competition to private education. In order to compete with public education, private education must at least offer a fair schooling fee for students where in return more people is educated and decreases income imbalance. (Jallade, 1976). On few levels of education, primary education has the strongest and positive effect on income distribution. (Jallade, 1976). Better income equality is made possible if education subsidizes and taxes on educated individual are fairly distributed among social groups. (Jallade, 1976). Again, government involvement is needed in order to ensure the fair distribution of income is work. Else, the poor is unable to enjoy the benefits which are created for them. Education act as an instrument to encourage economic growth and income distribution. (Holanda et al, 2008). Imperfect credit markets an others market limitation unable to provide the amount of education that society required. For that reason, government has to intervene either indirectly or directly to enable those who can not afford private education will at least able to obtain public education. Problem is that there is a significant quality difference between public and private education. (Holanda et al , 2008). Private education is believed to be able regulate itself through competition where as public education has to be regulated in order to achieve a least quality requirement. The case of State of Ceara (Brazil) introduced 2 public education regulatory namely public voucher system and system based on teacher incentives. (Holanda et al , 2008). Public voucher system will give out incentives to public school to enhance their efficiency at the same time will penalize the least efficient school. While system based on teacher incentive is teacher or principal with excellent performance will receive a sort of incentive to further increase their efficiency. Both system acquired government to spend on education to stimulate a healthy competition among public school. (Holanda et al , 2008). Besides spending, government should as well put regulatory system in public education to impose competition among them thus will improve the education system as a whole. A study conducted by Ram (1989) has indicated a large portion of education spending is taken up by teacherà ¢Ã¢â€š ¬Ã¢â€ž ¢s salary. Thus, real spending on education is assumed to be expended at the same degree. Many countries particularly developing nation has put a heavy priority on increasing education expenditure. (Ram, 1989). Government across the world believed education make productivity increase possible hence increasing income and promote economic growth as a whole. Meanwhile, expansion in education also enables literacy to increase and a better economic opportunity for all, a factor which is very much needed in countries with high income inequality. Above all the studies that have been conducted, World Bank as well find that investment in education not affecting present generationà ¢Ã¢â€š ¬Ã¢â€ž ¢s income but also affecting future generationà ¢Ã¢â€š ¬Ã¢â€ž ¢s income distribution and unemployment in long run. As we can see, there is an obvious à ¢Ã¢â€š ¬Ã…“chain of reactionà ¢Ã¢â€š ¬? in spending on education where todayà ¢Ã¢â€š ¬Ã¢â€ž ¢s spending determines futureà ¢Ã¢â€š ¬Ã¢â€ž ¢s distribution. Ram (1989) pointed a different opinion regarding the extension in education is actually will lead to distribution among workers-to-be where else it change nothing in income distribution between current worker. In this sense it will create a circumstances where fresh graduates has great opportunity to get job while those who did not benefits from additional education has a worsen opportunity to get a better job. As a result, increase in education is not sufficient to improve income equality in the bigger picture. Increase in education spending has to be move along with policies of better access to education for public through out the nation. Outcome of schooling depends greatly on the better education receiver. (Ram, 1989). Another study conducted by Ning (2010), stated that increasing education expenses without adequate changes in education structure and providing a conducive industry, it actually did not improve much income inequality. Less wealthy background children tend to has more desire to attend school as to improve their family source of income. In contrast, poor family is unable to provide their children better education, this reflects initial income inequality will additional deteriorate income distribution in time to come. (Ning, 2010). Again the poor will trap in the à ¢Ã¢â€š ¬Ã…“chain reactionà ¢Ã¢â€š ¬?. Therefore government spending with a proper policy is able to provide education to the needed accordingly unless everyone is able to invest in education sufficiently. On the other hand, Uplh (1977) as well mentioned education distribution is affected by wealth and income. For that reason, government is required to implement better income equality policies and fairer education distribution simultaneously with increase in education spending to obtain the best result in reducing income inequality. Higher average of education turn out to be income equality enhancer however higher mean of education with bigger education inequality turn out to be income disequalizer. (Ram, 1983). Ram (1983) pointed that higher average of schooling promotes income equality nevertheless revealed there is no observable relation between greater schooling variance generates larger income inequality. Income growth One hand of low education and another hand of relatively high household income are factors that contribute deterioration of income distribution thus decreases national income growth rate as a whole. (Borsu, 1991). Klasen (2008) discovered that there is a causality relation between education and income distribution, which initially the rich can afford better education and turn out to be rich as well in the future. In contrast the poor who can not afford education at the first place facing difficulties to get rid of poverty. Hence, the poor will trap in poverty and this situation will go on for years. Government intervention is acquired to regulate education spending in order to provide fairer education distribution. Besides focusing on education spending, government who intend to improve income inequality has to implement policies emphasizing on encourage higher enrollment rate in public financed school. (Chen, 2003). Meanwhile on the other hand, liberalization on credit market offer loan in favor of those who take on private education enables more people to gain access in schooling. (Chen, 2003). Both way most likely turn out to be a major contributor in promoting economic growth as well as fairer income distribution. Few ways of government channeling fund to education are namely highly-subsidized public education, direct subsidize private schools and direct subsidize to household who attend private schools. Chen (2003) ascertained besides how much expenditure is spent on education, how education spending is channeled through proper system is an important determinant of income equality and economic growth. Under public education system, Chen (2003) observed a lower income inequality since every personà ¢Ã¢â€š ¬Ã¢â€ž ¢s investment in education is about the same and vice versa under private education. Towards the middle of Chen (2003) study, a crucial finding is obtained saying high income nation generally has a greater rate of enrollment in schooling proving that education is vital in affecting income growth. In turn to attain the objective, compulsory schooling system has to be enforced. Government has to raise fund in order to sustain an increase in education spending. Fund is raised through tax imposed to adult and then using it to finance education. An increase in tax rate will result an increase in public schools expenditure per capita as well increase subsidy in private schools. (Chen, 2003). Eventually, it provides better education for all hence perk up income growth and income inequality. Based on a study conducted by Croix et al (2007), he come across a situation where education level can not solely be a determinant of salary. In his studies, he pointed the existence of low education worker with high experience is earning more than those who has high education but low working experience. Through this study, it shown that there is other determinant instead of education level in determining income growth and income distribution. In case of China, Goh et al (2009) observed during economy restructuring in 1990s seeing potential companies laying off less educational qualified worker while increasing salary for those who are more educational qualified (skilled). Under this circumstances, household income indicator implies that education make possible in favor of household who wish to shift their employment from primary to secondary sector or from secondary sector to tertiary sector. (Goh et al, 2009). In contrast, return towards education persist to facilitate the educated, the less educated will left far behind in term of income distribution and income growth. During pre-sector evolution era, education level play a less important role determining income earned. Ever since pre-sector evolution, education level has turn out to be a key factor in determining income earned. (Goh et al, 2009). Therefore it is obvious education is pretty crucial in preserving income increase. Towards the end of Goh et al (2009) studies, he pointed the largest changes in household income is attributed by higher return on education as economy reforming and technology deepening. More over, balancing in demand and supply of skill occurs as labor market performs efficiently, every individual acquire a job and even less skilled labor able to demand a better pay. Thus, education churns out to be a bridge getting better income for society. Study conducted by Lakshmi (1992) declared public spending on education is shown to be more effective improving living standard rather than improving income growth itself. Over the years, many economists have different view of developing nation should adopt growth-oriented system or equity-oriented system with respect of income inequality, income growth or living standard as a whole. (Lakshmi, 1992). A nation with sufficient education in the sense that its labor is skilled, the nation is eligible to implement growth-oriented or equity-oriented policy. Without adequate education or fairly distributed education, implementing any of the policy will result in worsening income distribution. Growth-oriented policy provides an increase in growth rate per capita for a nation. As income rise, household are relatively richer than they used to. Hence, they demand more on health care and so on. Firms started to supply those services and gain profit, thus economy as a whole is improving. (Lakshmi, 1992). While equity-oriented system may work as a tool to channel fund such as education and medical care towards targeted groups by subsidy. Out come from this system is a fairer distribution to all. Although schools and higher education institutions are open for all, as to poor parents they are unable to send their children to obtain proper education. In other word, poor parentsà ¢Ã¢â€š ¬Ã¢â€ž ¢ ability to educate their children is relatively low as to compare wealthy parents. Therefore, poor families rely heavily on government subsidy on education to have their children educated and enable them to have upward social mobility and be paid a better wage in the future. (Lakshmi, 1992). As mentioned by Jamison et al (2007) national income growth rate can be increase by better level of education quality which is strongly supported by Solmon (!985). Besides education quality, a nation with prosper education is able to produce better human capital to enhance income growth. (Judson, 1998). Blankenau (2003) once stated government, is responsible to fund human capital production through education. Chapter 3 3.0 Methodology Increase in GDP per capita or in other words growth for GDP per capita is affected by few factors mainly education spending. In order to ensure validity of the effect, a model is developed as part of the study to show how GDP per capita growth is affected by few variables. Time series data is used in regression. The simple function of this study is written as; Y ~ F (ES, K, L, EX) After the variables in the study being substituted into the function and the logarithm function is as follows; lnY = ÃŽÂ ²0 + ÃŽÂ ²1 lnES + ÃŽÂ ²2 lnK + ÃŽÂ ²3 lnL + ÃŽÂ ²4 lnEX + ÃŽÂ µt Where: Y = GDP per capita ES = Education spending K = Capital L = Labor EX = Export ÃŽÂ µ = Error term From the function above, GDP per capita is the dependent variable while the independent variable is education spending while capital, labor, export as well error term work as control variables. Dependent and independent variable used in function are needed in determining the significance of the study. Spending on education or more specifically government spending on education has a positive effect on GDP per capita growth and as well income growth. It is expected to have a positive relation, increase on GDP per capita jointly with the increase of spending on education, so ÃŽÂ ²1 is expected to be positive. Besides that, capital/physical capital is directly affecting GDP per capita. An increase in physical capital is believed to increase GDP per capita as well income for household simultaneously. Based on a study conducted by Croix et al (2007), he come across a situation where education level can not solely be a determinant of salary Therefore ÃŽÂ ²2 is expected to be positive as well. On the other hand, labor is forecasted to be positively related with GDP per capita. Bigger labor force causes more income contribution to the country but it does not lift the number of population. While dividing countryà ¢Ã¢â€š ¬Ã¢â€ž ¢s income, it will increase income per capita as a whole. Thus, ÃŽÂ ²3 is expected to be positive too. As for ÃŽÂ ²4, export in national account is a source of income for a country. Higher export value in turn generates higher GDP in the sense of countries across the world are purchasing goods from the country. On the other hand, education spending is believed to be able improve income equality as well. In order to prove the finding whether government education spending has a significant effect in improving income equality a model is developed to carry out the testing. Gini coefficient data is used to carry out the study. Few others control variables are identified mainly education spending and use in the model to ensures validity of the result. Time series data is used in regression. The simple function of this study is written as; Y~ F (ES, GDPPC, E, INF) After the variables in the study being substituted into the function and the logarithm function is as follows; lnY1 = ÃŽÂ ²0 + ÃŽÂ ²1 lnES + ÃŽÂ ²2 lnGDPPC + ÃŽÂ ²3 lnE + ÃŽÂ ²4 lnINF + ÃŽÂ µt Where: Y1 = Gini coefficient ES = Education spending GDPPC = GDP per capita E = Employment INF = Inflation ÃŽÂ µ = Error term From the model above, Gini coefficients turn to be dependent variable while the independent variable is education spending while other variables work as control variables. All variables are selected upon the purpose of the study which is, is there a positive relationship between government spending on education and income equality. Government education spending is believed to have positive relation with income equality. An increase in government education spending there will be an improvement in income inequality. Thus, ÃŽÂ ²1 is expected to be positive. Besides that GDP per capita has a certain level of influence on income distribution as higher GDP per capita in general showing a better income earned by households. Therefore ÃŽÂ ²2 is expected to be positive as well. Employment rate on the other hand contribute better income distribution to some extent. Higher employment rate attribute better numbers in income earner thus enhance income distribution in a way. As for this reason, ÃŽÂ ²3 is presumed to be positive. Meanwhile, inflation churns out to be disequalizer in income distribution. Greater inflation leads to worsen income equality. Low income earner will badly affected as if compare to the poor. Increase in inflation lower their real income hence wider income distribution gap. Consequently ÃŽÂ ²4 is expected to be negative. 3.1 Multiple Regressions Multiple regressions model is used to explain whether dependent variable Y has relation with independent variables X1, X2, à ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦ , Xn and error term, ÃŽÂ µ. Y = ÃŽÂ ²0 + ÃŽÂ ²1X1 + ÃŽÂ ²2X2 + à ¢Ã¢â€š ¬Ã‚ ¦.. ÃŽÂ ²nXn + ÃŽÂ µ Multiple regressions model shows how mean value of Y is related to X1, X2, à ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦, Xn E(Y) = ÃŽÂ ²0 + ÃŽÂ ²1X1 + ÃŽÂ ²2X2 + à ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦ + ÃŽÂ ²nXn Estimated multiple regression model says that a simple random sample is used to calculate sample statistic b0, b1, b2, , bn that use as point estimator for parameter ÃŽÂ ²0, ÃŽÂ ²1, ÃŽÂ ²2, à ¢Ã¢â€š ¬Ã‚ ¦, ÃŽÂ ²n. In the mean time, b1 stand for an estimate of changing in Y corresponding to a 1 unit increase or decrease in X1 when all independent variables held constant. Ã…Â ¶ = b0 + b1 X1 + b2X2 + à ¢Ã¢â€š ¬Ã‚ ¦ à ¢Ã¢â€š ¬Ã‚ ¦ + bnXn Least Square Method Least square method is a popular way to compute numerical parameters estimation and as well include data. More over, characteristic of statistical properties is able to be projected through this way. Ordinary Least Square (OLS) and Weighted Least Square (WLS) are two of least square method. As to compare both methods, OLS is the better way to use in computing numerical parameters estimation due to its simplicity. Ordinary Least Square (OLS) OLS used to forecast the unknown parameters in linear regression model. Ordinary least square method utilizes the following equation: First use sample regression function (SRF) corresponding to the population regression function (PRF). represent residual term where sample counter part of stochastic disturbance term. .. 3.1.3 T-Test: Regression on each independent variables T-Test is used to check if each and every independent variable is significant. Each and every independent variable is compute upon T-Test to ensure its significance. Partial coefficient hypothesis testing: H0 : ÃŽÂ ²1 = 0 H1 : ÃŽÂ ²1 à ¢Ã¢â‚¬ °Ã‚   0 Formula for T-Test is: t = If t-value critical value, reject H0 If t-value critical value, do not reject H0 If result rejecting H0, it means there is a positive relation between dependent and independent variables. 3.1.4 F-Test: Overall significance of estimated multiple regression F-test used to test if there is existence of significance relation between all independent variables upon dependent variable. Hypothesis for F-test : H0 : ÃŽÂ ²2 = ÃŽÂ ²3 = .. = ÃŽÂ ²k = 0 H1 : Not all slopes coefficient are simultaneously zero Formula for F-Test is: Where, ESS = estimate sum of square RSS = regression sum of square If F-value critical value then reject H0 If F-value critical value then do not reject H0 If result is rejecting H0 it means there is a positive relation between all independent variables and dependent variable. R ²: Multiple coefficient of determination R ² is a coefficient of determinants. It is used to compute the goodness of fit in a model. Higher value of R ² indicates greater F-Test value with better goodness of fit. Formula for R ² is: R ² = or R ² = 1 Where, ESS = Explained sum of squares TSS = Total sum of squares RSS = Residual sum of squares R ² lies between 0 and 1. When R ² = 0, it indicates the model can not be explained. When R ² = 1, it indicates there is a total variation in Y that can be explained by X. When R ² is close to 1 then it indicates the model is fit. Autocorrelation : First order = Durbin Watson d-test Durbin Watson d-test is used to test whether residuals are independent of time. While testing, there is assumption of lagged variable is not included in dependent variable and data set is complete. Durbin Watson d-test hypothesis is: H0 = no first order autocorrelation, P = 0 H1 = first order autocorrelation, P not equal 0 Formula for R ² is: Where, et = residual in observation D-value usually lies between 0 to 4. When d-value is smaller than 2 then it means there is a positive correlated in error term. When d-value is larger than 2 then it means there is a negative correlated in error term. Multicollinearity Multicollinearity stands for the present of a perfect linear relation on some or all explanatory variables in a regression model. Exact linear relationship is say to be exist when Y1X1 + Y2X2 à ¢Ã¢â€š ¬Ã‚ ¦ à ¢Ã¢â€š ¬Ã‚ ¦ + YnXn = 0 is fit. New version of multicollinearity stated in a wider coverage and includes perfect multicollinearity. On the other hand it also covers the situation when X variables are intercorrelated but not perfectly intercorrelated which Vi is stochastic. Y1X1 + Y2X2 à ¢Ã¢â€š ¬Ã‚ ¦ à ¢Ã¢â€š ¬Ã‚ ¦ + YnXn + Vi = 0 Data Time series data is used through out this study to compute correlation between dependent and independent variables. To ensure validity of testing conducted, time series data of minimum 20 30 years is used in regression. Data are selected from 1970s to 2000s. Types of data used are namely GDP per capita, Gini coefficient, government education spending, employment, inflation and capital as well labor in Malaysia. Above mentioned data is retrieved mainly from World Bank Data, Bank Negara Malaysia, Department of Statistic Malaysia lastly Economy Planning Unit Malaysia.

The Speaker of Birches by Robert Frost - 653 Words

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He then thinks back to his childhood when he used to swi ng on trees and not have a worry. He wishes he could return back to his childhood. â€Å"Birches† by Robert Frost is a poem written in first person that shows imagery and symbols. This thinking and other reflections in â€Å"Birches† is spoken by Robert Frost in first person. He is the speaker throughout the entire poem and shares how he feels. An example of the poem being spoken in first person is when he says, â€Å"I like to think some boy’s been swinging on them.† The fact that he uses I shows that this is first person. The meaning of thatShow MoreRelatedThe Symbolism of the Birches839 Words   |  4 PagesOn the surface, the poem Birches by Robert Frost is simply about a man who would like to believe that birch trees are bent from young boys swinging on them, despite the evidence that it is merely a result of the ice-storms. 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In this poem of birches the speaker seems to reminisce a lot on his youth days. He wants to go back to the days of swinging on tree limbsRead MoreEssay on Hardships in Birches by Robert Frost1013 Words   |  5 PagesHardships in Birches by Robert Frost In any life, one must endure hardship to enjoy the good times. According to Robert Frost, the author of Birches, enduring lifes hardships can be made easier by finding a sane balance between ones imagination and reality. The poem is divided into four parts: an introduction, a scientific analysis of the bending of birch trees, an imaginatively false analysis of the phenomenon involving a New England farm boy, and a reflective wish Frost makes, wantingRead MoreAnalysis Of The Poem Birches By Robert Frost1711 Words   |  7 PagesEarth. Robert Frost features this idea through his poem â€Å"Birches.† Frost discusses this idea through a falsehood, for, at first glance the meaning of the poem is significantly different than the deeper meaning. Although â€Å"Birches† seems to be about a child frolicking through the trees, Frost’s â€Å"Birches† is actually about how people act cruelly towards nature and how they should change their ways to respect the earth, because the tenor, the form and vehicle, and critical interpretation. Robert Frost’sRead More A Comparison of the Poetry of Emily Dickinson and Robert Frost1062 Words   |  5 PagesThe Poetry of Emily Dickinson and Robert Frost The poetry of Emily Dickinson and Robert Frost contains similar themes and ideas. Both poets attempt to romanticize nature and both speak of death and loneliness. Although they were more than fifty years apart, these two seem to be kindred spirits, poetically speaking. Both focus on the power of nature, death, and loneliness. The main way in which these two differ is in their differing use of tone. The power of nature is a recurring themeRead MoreThe Theme Of Birches By Robert Frost1065 Words   |  5 Pagesâ€Å"Birches† by Robert Frost Have you ever walked through a frozen forest? Well, Robert Frost will take you on a journey through the forest in his poem, â€Å"Birches.† He also takes readers on a journey through life and memories. The main character of the poem, the speaker, is an old man, who throughout the poem’s story, is looking back on his childhood. When he walks through the forest, he sees the broken tree branches and thinks back to a time when those broken branches were created by swinging on themRead MoreAnalysis Of The Poem Birches And Hanging Fire By Audre Lorde1348 Words   |  6 Pagesabout it, childhood is a critical part of life. In the poems â€Å"Birches† by Robert Frost and â€Å"Hanging Fire† by Audre Lorde, the authors explore what it is like to be a child and the major transition from childhood to adulthood. While Frost does so through the voice of an adult, Lorde chose to accomplish this from a child’s perspective. Although, the speakers are not th e only aspects of the poem that sets them apart. In â€Å"Birches†, Frost describes childhood as a simplistic, carefree and innocent timeRead MoreThe Poetry of Robert Lee Frost810 Words   |  3 Pageswords,† Robert Frost once said. As is made fairly obvious by this quote, Frost was an adroit thinker. It seems like he spent much of his life thinking about the little things. He often pondered the meaning and symbolism of things he found in nature. Many readers find Robert Frost’s poems to be straightforward, yet his work contains deeper layers of complexity beneath the surface. These deeper layers of complexity can be clearly seen in his poems â€Å" The Road Not Taken†, â€Å"Fire and Ice†, and â€Å"Birches†. Robert

Bulimia Nervos Eating Disorder - 1271 Words

Bulimia Nervosa Presenting Problem Bulimia Nervosa, also referred to as Bulimia, or Binge-Purge behavior, is an eating disorder in which an individual will engorge themselves with unusually large amounts of food in a short amount of time and purge later. Between eating binges, a person with Bulimia Nervosa will tend to restrict their caloric intake, and by their own preference select foods in which they believe are seemingly â€Å"low in calories†. Often, an individual may feel out of control during eating binges and even ashamed afterwards. Clinicians often refer individuals to Cognitive Behavioral Therapy, a specifically adapted version called CBT-BN, as well as primary and secondary care. There are two types of Bulimia, the purging type and the non-purging type. The non-purging type will tend to over exercise or fast after they have consumed such a large amount of food. As stated before, the purging type will purge using anything they can, such as laxatives, diuretics, and vomiting, and consider this compensation for their binge. Vomiting only reduces 50% of the calories just consumed and less if there is a delay at all before purging (Kaye, Weltzin, Hsu, McConaha, Bolton, 1993). According to Fairburn, laxatives and diuretics have little to no effect due to how long they take to work. Even though they may purge the food immediately after consuming it, they will not lose weight, more times than not, Bulimics will tend to be average weight and even sometimes

Daily Water Level Forecasting At A Reservoir Using A...

Daily Water Level forecasting in a Reservoir using A Probabilistic Nonlinear Model A reservoir is a place, either natural or artificial for storing water and this storage may be drawn from for use, often to meet the uneven distribution of water in space and time. The natural flow of rivers and streams differ significantly with the change in weather throughout a year and may lead to overflows (flood) or low flows (droughts) in various regions (Postel and Richter 2012; Poff et al. 2007). Under such conditions, water reservoirs play an important role to alleviate these natural disasters by holding water during periods of floods, and allowing steady release of water during periods of droughts. In addition, these are widely used as the source of water for drinking as well as irrigation. Therefore, accurate forecasts of reservoir water level is highly essential for optimizing the various water management issues. Concurrently, forecast of water-level in reservoirs is a very challenging task, since it is impacted by not only stream flow volume but also on other factors such as flow velocity, stream flow path, rainfall, temperature, watershed characteristics, tributaries and the like (Bates et al. 2008; Piao et al. 2010; Chamoglou et al. 2014). Tributaries, that convey suspended sediment, severely shorten the reservoir life through siltation and rapidly reduce its storage capacity (Panagopoulos et al. 2008). Water losses through evaporation may also occur in a reservoir (ChristensenShow MoreRelated_x000C_Introduction to Statistics and Data Analysis355457 Words   |  1422 PagesPassenger Weights 190 Activity 4.3 Boxplot Shapes 190 Graphing Calculator Explorations 195 5 Summarizing Bivariate Data 5.1 Correlation 200 199 5.2 Linear Regression: Fitting a Line to Bivariate Data 210 5.3 Assessing the Fit of a Line 221 5.4 Nonlinear Relationships and Transformations 238 5.5 Logistic Regression (Optional) 255 5.6 Interpreting and Communicating the Results of Statistical Analyses 264 Activity 5.1 Exploring Correlation and Regression 267 Activity 5.2 Age and Flexibility 268 GraphingRead MoreProject Mgmt296381 Words   |  1186 PagesManaging Projects: A Team-Based Approach, First Edition Burt, Petcavage, and Pinkerton, Supply Management, Eighth Edition Cachon and Terwiesch, Matching Supply with Demand: An Introduction to Operations Management, Second Edition Finch, Interactive Models for Operations and Supply Chain Management, First Edition Fitzsimmons and Fitzsimmons, Service Management: Operations, Strategy, Information Technology, Seventh Edition Gehrlein, Operations Management Cases, First Edition Harrison and Samson, Technology

Exemplification Why The World Is Doomed Essay Example For Students

Exemplification: Why The World Is Doomed Essay Every day when looking out a window, people see a beautiful earth. The earth is intriguing, but hinges on a delicate balance. Many natural resources keep the grass green and the sky blue. Man has made quite an impression on our world, and has transformed the earths resources into tools to make life easy. However, mans manipulation on earth has become detrimental to the health of our planet and the safety of mankind. Through the use and production of resources such as oil and energy, man is gradually poisoning the earth. Pollution has become such a dilemma in society; there is no real control or a feasible solution to societys recklessness. Without complete change, our system will collapse. The earth will eventually retaliate with disaster, or corporate control of our economy will cause hysteria and depression. Evaluation of the consequences and repercussion of worldwide pollution, may give people a better idea of what the future holds. It is unfortunate that within the past 100 years our worlds economy has driven itself into a deep hole with the reliance on a black gold called oil. Since its discovery, it has been purified to produce many different forms of energy such as light, gasoline and more. Since technology has enabled mankind to discover more capable methods of transportation, mankind has exploited its power over nature and produced machines such as the combustion engine. In combustion engines, oil explodes to move machinery, and emits a very toxic byproduct called CO2. Carbon is incredibly dangerous to the earths atmosphere, and erodes huge holes in the ozone layer of our earth. This erosion causes global warming and climate change that is permanent and irreversible. The impact of global warming will not only . .e sources. All facts, statements and reports conclude that mankind is in part responsible for this change in our ecosystem. Hence if we do not change, drastic changes over the next 100 years will threaten the safety of some people and our environment. More and more research is being deployed into this intriguing field of science. Some scientists deny reports of global warming impacts. And some scientists show more and more proof of such impacts. When will the academic and governmental community understand the consequences of our treasured way of life? Will it take huge catastrophic man-induced disasters to change the worlds mind on what actions to take? Is our economy so reliant upon oil that it will risk our planets health, for money? People need to take action on these issues before the damage of global warming has left a huge, worsening-footprint on our earth.

Accounting Software Packages of Fortescue-Free-Samples for Students

Question: Discuss about the Use of Accounting Software Packages in your Chosen Company. Answer: Introduction: The assignment studies the importance and application of accounting software in a Australian company. The paper considers Fortescue, the Australian metal company as the base of study. It is divided into two parts each divided into four subparts. The first part delves into the organisational structure, its software acquisition method, its sales process and control problems it face in operating the softwares. The second part deals with development of accounting software, its current market size, leading software companies and recommendations to them to help the customers acquire these software more easily. Organisation structure: Fortescue Metal Group follows a tall structure led by the CEO and the board of directors. that the organisation structure is led by the apex board chief executive officer, chairman of the board, lead director and four other directors. The second layer of management consists of the chief financial officer, corporate affairs and secretary, finance and secretary, director of business development, director corporate services, external relations, sales and marketing and operations. The second stratum of management reports directly to the chief financial officer. The third layer of management consists of group manager Fortescue people and group manager, health and safety. The second and the third line of management people are led by the chief executive officer (Fortescue Metals Group Ltd., 2017). Operational problems Fortescue can likely face due to its organisational structure: Fortescue Metal Group owing to its tall organisational structure of can face several operational problems like lack of dynamism in decision making and execution. Zakrzewska-Bielawska(2016) states that CEOs in the manufacturing companies perceive the impact of organisational structure and strategies on each while making decisions. Bridges and Bridges (2017) state that complex organisational structure prevents dynamic decision in manufacturing organisations which impedes fast operations. The next operational problem faced by Fortescue due to its complex and tall organisational structure is in the area of accounting. Wu(2013) states that the complex accounting processes of the manufacturing companies of two types, production activities consisting of transactions which are directly related to production of goods and non production expenses which refer to transactions committed towards supporting activities. Christopher(2016) states that manufacturing companies need to maintain and account for a large number of transactions relating to their complex supply chain management. This complex accounting procedure and vast expanse of business requires prompt decision making from the management and the CFO. However, the tall organisational structure of Fortescue and its bureaucratic layout impedes smooth decision making which often result in loss of business opportunities. This analysis shows that tall and complex organisational structure of Fortescue creates problems in smooth operations and decision making. Most likely system acquisition method: Fortescue uses Tax Monster as its accounting software which is a commercially available Enterprise Resource Planning(ERP) software (taxmonster.com.au 2017). The company is an iron ore mining and iron articles manufacturing company which engages in several types of transactions. The transactions are of two types, production related or productive expenditure and the non productive transaction which are not related to production activities. Laudon and Laudon (2016) state that ERP accounting software packages like Tax Monster help the manufacturing companies integrate their complex transactions pertaining to both the categories of flow of capital into and out of the organisations. Leon (2014) states that these software packages help in ERP planning of in manufacturing planning and helps the concerned departments integrate the accounting transactions and use them to form decisions like allocation of resources to areas of operations and production. A system flowchart of the sales procedures at Fortescue: The system flowchart shown below outlines the sales procedure followed at manufactirng companies like Fortescue. The sales process at Fortescue starts when clients place the purchase order(PO) stating the particulars and requirements like specifications of the product, expected characteristics in the finished product, quantity and so on. When the sales department acquires the orders and the Pos, it enters the particulars in the prescribed internal format and gets it approved by the clients. The contact agent then reviews the order and sees whether the terms of sale are according to the policies of the company, lawful and so on. If the contacts agent finds that the particulars of the order are accurate, the shipment department processes the order and the finished goods are shipped. If the orders are not according to the requirements, the agents requests approval from the management or the concerned person at Fortescue. If the authorised person approves the order, the contact agents to o approves it and the order is processed by the logistics departments for shipment. The accounts departments records the transactions in both these cases as sale of articles. If the authorised person does not approve the order, the agent cancels the order and it is not shipped. The sales department or the customer care department notifies the customer about the cancellation of orders from the side of Fortescue Figure 1. Figure showing sales processes (Source: Author) Control problem in the system and possible frauds in the system: Ismail and King (2014) states the manufacturing companies face certain control problems while using accounting software. The accounting softwares are very costly and require heavy investments in controlling and maintaining them. Tax Monsters charges around $500 for company tax returns filing using its software whereas book keeping services cost around $ 40. Thus, it is evident from the discussion that though the account software packages are designed to meet the varied accounting requirements of the big companies, the services the offered are charged spate which adds to the costs of the company to control, update and use them. According to Alrabghi and Tiwari (2015), the next control problem of accounting software is that they maintenance is very complex. The integrated accounting softwares are connected to other system softwares in the companies like HR software and admin software. Thus, upgradation of these accounting softwares lead to changes in the related softwares which makes controlling and maintenance extremely complex. Asllani and Naco (2014) state that the accounting software are susceptible to accounting frauds like inappropriate and exaggerated accounting entries. Thus the management of manufacturing companies like Fortescue cannot depend on the accounting results shown by these softwares which makes decisions making difficult. Biener, Eling and Wirfs (2015) supports the view of Asllani and Naco and points out to the biggest threats to accounting softwares and the companies using them, cyber security and data theft. They state that cyber security results in massive losses to companies like loss of crucial data which are interrelated, unauthorised accession into the companys financial data and so on. Thus, it can be inferred from the discussion that the three problems faced by the accounting software in companies are difficulty in maintenance, high expenditure, frauds and cyber threats. Development and adoption of the accounting software packages: Gereffi and Fernandez-Stark (2016) stated that development and accounting software packages led to integration of accounting works in the companies. The introduction of Turbo Cash in 1987 in South Africa which automated the system if preparing trial balance, balance sheet and income statement. Ryan(2017) states that around the same time IBM launched personal computers which made preparation of trial balance in form of spread sheets using Lotus 123 accounting software. IBM brought about the system of continuous upgradation by the companies using the accounting software packages. Taipaleenmki and Ikheimo (2013) points out that today companies adopt technology backed software packages which allow them to integrate all the activities in the company involving flows of financial capital like payment of salary and purchase of raw materials to form financial statements. Tayeh, Al-Jarrah and Tarhini(2015) point out that this adoption of technology based accounting software packages help the c ompanies to measure their standard of business excellent at any given point of time and facilitate formation of business strategies based on these results. Market size of accounting software packages: The account software package market size is growing at about a rate of 6 percent with the new accounting software packages being introduced. The growing demand of more integrated softwares which allow the companies to incorporate the financial transactions of all their departments is driving innovation and upgradation in the software package market(technavio.com 2017). The companies today are ready of invest in advanced softwares which can help the accounts departments to record transactions like loan applications, online sales, stock and commodity in hand and recruitment of human resources. Warren, Reeve and Duchac (2013) state that these integrated recording of diverse transactions help the management to forecast future requirements of materials, capital and human resorces. The accounting recordings are today are linked to the knowledge data bases of the companies and can be used by the authorised employees to make decisions. Ryan (2017) states that the accounting software market i s geographically segmented into markets like the American market, the Australian market, the Asian market and the European market. These markets are experiencing emergence of requirements of new types of accounting software to meet the business requirements of the companies in these markets. This growing need, technological advancement, continuous innovation and new accounting software packages are encouraging dynamic growth of the market of accounting software packages. The entry of multinational companies and their continuous innovation have led to the market of accounting software become very profitable and competitive. Leader in the accounting software package market and their competitive advantages: Oracle: Oracle manufactures Net Suit accounting software which integrates stock management, warehouse management, accounting and financial management. The software driven by advanced technology also facilitates customer management. These wide varieties of functions all integrated into one software is the main competitive advantage of Oracles Netsuit. The largest competitive advantage of Oracle which has made the company a leader in accounting software its software license and support services to the users(oracle.com 2017). Fishbowl Manufacturing: The Fishbowl is an Utah based inventory management software manufacturing company which manufactures the accounting software called Fishbowl Manufacturing. The software provides platform for business automation and electronic inventory management facilities. The competitive advantage of Fishbowl is that it is one of the largest inventory management softwares manufactured internationally. The software helps the companies to control their material requirement, forecast their material requirement in the future, manage office floor, customised inventory reporting and manufacturing process monitoring(fishbowlinventory.com 2017). The current gaps or challenges encountered by users and recommendations: Costly: The current gaps in the software packages are that they are very costly and requires huge continuous investment to install and update them. this high expenditure limit the small companies from installing accounting softwares which affects their accounting operations. Limited external integration: The second gap in the accounting software is that though they integrate the internal operations like inventory management and acquisition of assets with the company, they are not advanced to integrate the external financial transactions like withdrawal of money from the banks. This requires the companies to incorporate bank transactions separately the accounting statements which is very time consuming. Recommendations: The following recommendations can be made to the software companies to increase the utility of the software packages to the companies and customers using them: The software packages should be offered at more reasonable and low prices. This will help the customers to install and upgrade these packages at lower prices which will lead to save of capital. This lowering of the prices will encourage even the small companies to install accounting software. The accountings software should be advanced so that they are directly able to obtain data from important financial statements like bank statements and loan statements. This will help the companies using them maintain better financial control. Conclusion: It can be summed up that accounting software packages have revolutionised accounting in companies. They have led to integration of the various fields like inventory management, floor management and so on. However, the accounting software manufacturing companies should offer software at more affordable rates References: Alrabghi, A. and Tiwari, A., 2015. State of the art in simulation-based optimisation for maintenance systems.Computers Industrial Engineering,82, pp.167-182. Asllani, A. and Naco, M., 2014. Using Benfords Law for Fraud Detection in Accounting Practices.Journal of Social Science Studies,2(1), p.129. Biener, C., Eling, M. and Wirfs, J.H., 2015. Insurability of cyber risk: An empirical analysis.The Geneva Papers on Risk and Insurance Issues and Practice,40(1), pp.131-158. Bridges, W. and Bridges, S., 2017.Managing transitions: Making the most of change. Da Capo Press. Christopher, M., 2016.Logistics supply chain management. Pearson UK. Fortescue Metals Group Ltd. 2017. Executive Team. [online] Available at: https://fmgl.com.au/about-fortescue/executive-team/ [Accessed 21 Aug. 2017]. Gereffi, G. and Fernandez-Stark, K., 2016. Global value chain analysis: a primer. Global Business Accounting Software Market 2017-2021 | Market Research Reports - Industry Analysis Size Trends - Technavio. (2017). Technavio.com. Retrieved 21 August 2017, from https://www.technavio.com/report/global-enterprise-application-global-business-accounting-software-market-2017-2021 Gordon, E.A., Raedy, J.S. and Sannella, A.J., 2016.Intermediate Accounting. Pearson. Ismail, N.A. and King, M., 2014. Factors influencing the alignment of accounting information systems in small and medium sized Malaysian manufacturing firms.Journal of Information Systems and Small Business,1(1-2), pp.1-20. Laudon, K.C. and Laudon, J.P., 2016.Management information system. Pearson Education India. Leon, A., 2014.Enterprise resource planning. McGraw-Hill Education. Manufacturing Software. 2017. Fishbowlinventory.com. Retrieved 21 August 2017, from https://www.fishbowlinventory.com/solutions/manufacturing/ Online Tax Returns - From Only $49.95* - Ph1300 829 666 - Tax Monster Accountant - Professional Affordable Tax Agent CPA Accounting Firm - Australia Wide. (2017). Accountant Bookkeeper - Fortescue WA 6716 | Tax Monster. [online] Available at: https://taxmonster.com.au/accountant-tax-agents-bookkeeping-bookkeeper/Fortescue-6716/ [Accessed 21 Aug. 2017]. Oracle | Integrated Cloud Applications and Platform Services. (2017). Oracle.com. Retrieved 21 August 2017, from https://www.oracle.com/ Ryan, E. (2017). THE EVOLUTION OF ACCOUNTING SOFTWARE: PAST, PRESENT AND FUTURE GAA Accounting. Gaaaccounting.com. Retrieved 21 August 2017, from https://www.gaaaccounting.com/the-evolution-of-accounting-software-past-present-and-future/ Taipaleenmki, J. and Ikheimo, S., 2013. On the convergence of management accounting and financial accountingthe role of information technology in accounting change.International Journal of Accounting Information Systems,14(4), pp.321-348. Tayeh, M., Al-Jarrah, I.M. and Tarhini, A., 2015. Accounting vs. market-based measures of firm performance related to information technology investments. Warren, C.S., Reeve, J.M. and Duchac, J., 2013.Financial managerial accounting. Cengage Learning. Wu, J.Z., 2013. Inventory write-down prediction for semiconductor manufacturing considering inventory age, accounting principle, and product structure with real settings.Computers Industrial Engineering,65(1), pp.128-136. Zakrzewska-Bielawska, A., 2016. Perceived mutual impact of strategy and organizational structure: Findings from the high-technology enterprises.Journal of Management Organization,22(5), pp.599-622.