Wednesday, July 31, 2019
Potluck Essay
The meaning of Doublespeak in Lutz opinionâ⬠¦ The essay ââ¬Å"Doublespeakâ⬠specifically dives into the significance of the idea. The author does not hold back, but early on defines the general meaning of Doublespeak. The authorââ¬â¢s introduction is the explanation of doublespeak in general context. He lets the reader know beforehand about many tangents in double speak. He mentions four types of doublespeak which are euphemism, Jargon, gobblygook, and complex language. From these sub groups of double speak, he further explains detail of such doublespeak and its effect to the public. In essence, the effect of the author is to nform the audience precisely about doublespeak in many angles. He does not take a strong stance on his argument, but he does let his audience know that double speak is an effective rhetoric to use in certain circumstances. The idea of euphemism is to sugar coat an instance. This can be used by simple diction or a whole statement. It is up to the writer to choose his/her method. Lutz leaves the choice to the audience, but provides certain examples to let the audience be informed with the affect of euphemism in a statement. In essence, he provides short and precise examples by omparing a straightforward statement with a doublespeak statement. He informs the reader that euphemism is a rhetoric that creates vagueness in a blunt statement. In my opinion, Lutz did a fine Job. The omission of any statements will leave the essay vague and blank, in a sense. Secondly, Lutz explains and defines Jargon to be a prestigious type language to impress and inform an audience. Many of the high class workers use this rhetoric in their professions to make a good impression. In essence, a Jargon can be used in a hospital, court, or any other professional environment. Lutz rovides the reader with positives and negatives regarding this rhetoric. He informs his reader to be well aware of using such rhetoric. The examples provided are precise and clear cut. In essence, he gets his point through. Adding on, gobblygook is a certain doublespeak that is similar to a Jargon, but way out of proportion with its complexity. Lutz lets the reader know to use this language in specific rhetorical situations. He informs the audience that gobblygook is a type of rhetoric that is used impress a bunch of ignorant audience, or to impress an educated group of audience hom will actually understand the meaning of such words. Besides that, it is not proper to use in personal conversations ââ¬â unless youââ¬â¢re Einstein. Lutz efficiently explains this idea by providing examples to the audience. Furthermore, complex language is a type of rhetoric that is considered moderate compared to gobblygook. Itââ¬â¢s not out of proportion, but can stray away the audience if used too much. In oral arguments it is not functional. If used in papers, it can work, but if used too much, it can confuse the reader. Lutz explains the moderation of this rhetoric compared to Jargon and gobblygook. In essence, Lutz does a fine Job explaining the definitions of double speak in all angles. He gives the audience a general definition and provides general examples to prepare the audience for the lesson. He divides the four main definitions and gives sub examples for each definition. In addition he connects each definition back and forth providing the audience will clarification on his topic. He classifies his work in a general topic, then provides examples, and ultimately connects it to the overall meaning of doublespeak. In essence, he does an effective Job explaining the audience the general idea of doublespeak.
India Fashion
TABLE OF CONTENTS| | | Page| -| INTRODUCTION ââ¬â Indiaââ¬â¢s ââ¬Å"designâ⬠leap forward? | 3| 1| INDIAââ¬â¢S UNIQUE ECONOMY ââ¬â AN OVERVIEW| 4| 2| FACETS OF THE INDIAN ECONOMY| | 2. 1| India in the last decade| | 2. 2| Infrastructure| | 2. 3| Bureaucracy and Corruption| | 2. 4| Import tariffs| | 2. 5| Engineering skills| | 2. 6| Entrepreneurship| | 2. 7| Trade imbalances and inflation| | 2. 8| Indian Political scene| | 2. 9| People| | 3| THE PATH FORWARD| | 4| INDIAââ¬â¢S FASHION INDUSTRY ââ¬â TRULY GLOBALIZED? | | 4. 1| The Fashion Industry| | 4. 2| The Indian Fashion Industry| | 4. 2. 1| Factors driving growth| | . 2. 2| Local and Foreign players| | 4. 2. 3| Fashion design industry ââ¬â an example of Indiaââ¬â¢s design future| | 5| | | 5. 1| | | 5. 2| | | 5. 3| | | 5. 4| | | 5. 5| | | -| APPENDIX| | | | | INTRODUCTION India's ââ¬Ëdesign' leap forward? Abstract India has always been a unique country and this is especially true of how its econo my has developed. Rather than aggressively pushing for export growth or attracting foreign direct investment like China and most others in Asia, Indiaââ¬â¢s unique setting, resources and boundaries led it to develop the service sector instead. Was this an ââ¬Ëaccidentalââ¬â¢ development or a purposeful push by the government? If purposeful in nature, what drove the Indian government to take such an approach? In fact, what are the key drivers (or should be the key drivers) on a macro-economic level that determine a countryââ¬â¢s developing path? In our paper, we would like to explore three areas specifically: The Indian government and its policy making, given infrastructure and institutions and finally Indiaââ¬â¢s political base to see if a conclusion can be made with regards to its economic development. With this macro environment understanding in place, we would then like to look from a micro-economic level and analyze how businesses can succeed within the India service industry given this framework. The latter question will be answered while evaluating the rapidly growing Indian ââ¬Å"desiâ⬠fashion industry as an example of the design future for Indian, which has become very much about focusing on the taste and preferences of locals in terms of design. Is there a way that foreign design firms might be able then compete given that the local companies are so in tuned with the local culture and tastes, not to mention cheaper? Would there be a way to educate the local consumers to adopt a ââ¬Ëbrand consciousââ¬â¢ mindset as the economy develops and the affluent community increases in size? Or will the culture remain a loyal to a ââ¬ËMade in Indiaââ¬â¢ concept for the years to come and hence be a waste of time for foreign firms to try and break that mold. With this paper we will try to address these issues to draw a conclusion and recommendation on how best to approach entering this unique and challenging market. 1. INDIAââ¬â¢S UNIQUE ECONOMY ââ¬â AN OVERVIEW India, with 1. 189 billion people (July 2011), is the second largest country behind China. Though only 30% of the total population is living in cities, the urbanization is taking place at 2. 4% per annum. Only 6% of the population is above 60 years. However, due to longer life expectancy at birth of 66. 8 years (2011), this segment is constantly growing. The population below 15 years remains relatively constant because on average every Indian woman is giving birth to 2. 6 children but with an infant mortality rate of 5%. It is important to mention that the working population age 15 to 59 will increase dramatically in the next five years from 720 to 800 million, seeking jobs and enlarging the economy. The government is spending 3. 1% of GDP on education in order to increase literacy rate (only 61% of Indians above the age of 15 can read and write) in order to prepare a young workforce to enter the labour market [Data based on CIA fact book 2011]. India and China were the biggest economies until approximately 200 years ago because they had the biggest populations and size was a dominant factor in economic output. Once the industrial revolution commenced in England in 1800s, followed by the information revolution in the late twentieth-century, mere size mattered less. First the Europeans, and then the Americans leveraged technology to increase GDP in absolute terms and on a per capita basis. Now, India and China are developing fast, and are moving up in the world in GDP terms. In 2010, Indiaââ¬â¢s GDP in purchase parity was $3. 92 trillion and listed as fourth-largest economy in the world after the US, China and Japan. . FACETS OF THE INDIAN ECONOMY 2. 1India in the last decade It is interesting to note that while services now make up more than 50% of the GDP of India, it wasnââ¬â¢t that long ago that India was also embarking on the conventional path towards an advance economy through the typical agriculture to manufacturing route. After all, Japan, then Taiwan and South Korea, and now China have demonstrated that manufacturing can accelerate development because its output can be exporte d to rich countries. However, in Indiaââ¬â¢s case, while export and trade rules were relatively lax at the time, the domestic market was one where there were massive protectionism laws in place, so much so it became known as a ââ¬Ëlicense rajââ¬â¢. At that point in time, India had just gained independence and eager to boost export growth while still protecting local industries and expertise. The reality was however, that this strategy was a failure and led to a much slower growth rate than its neighbour leading it soon to a brink of bankruptcy in 1991, despite the ââ¬ËGreen revolutionââ¬â¢ and massive growth of its agricultural segment. Looking back however, this phase might have actually ââ¬Ësavedââ¬â¢ India and probably served as the platform where Indiaââ¬â¢s true growth began. The Prime Minister then Narashimha Rao and Finance Minister Mammohan Singh, with fresh money from the IMF and conditions of the loan, engineered sweeping economic reforms throughout India which included steps to remove the ââ¬Ëlicense rajââ¬â¢ that it had became. In tandem with this, tariffs were reduced along with interest rates. Many public monopolies were also removed, markets were opening up and automatic approvals for foreign investment were granted into many areas (but not all). The results from these reforms have been impactful. As mentioned in the earlier section, India is now the 4th largest economy by purchasing power parity and has been experiencing an average GDP growth rate of 8. 5% since 2005, making it second only to China in terms of growing economies. Additionally, despite the global economic slowdown, for FY11, India is still expected to achieve at least 7. 5% growth for its GDP. This is partially due to the fact that its domestic consumption is extremely strong and this helps to insulate it from external shocks. Looking a bit closer at the GDP split, one would find that services now make up the bulk of it, accounting for 56% of the GDP while the industrial and agricultural sectors represent 29% and 15% respectively as of 2010, a sharp turnaround for India when compared to the 1970s where agriculture used to be the shining star of growth, contributing close to 42% of the overall GDP. In addition, the contribution from the industry sector only increased from 21% to 29% during the last 40 years, which is very unimpressive when compared to the services sector. Source: Worldbank With the various reforms also comes increased foreign investment into the country. This has amounted to some 178 billion USD between 2000 and 2010, a massive jump from 1991 where it was only averaging USD $200 million per year before in FDIs. Among some of Indiaââ¬â¢s key investors include Mauritius, Singapore and USA which rank 1st, 2nd and 3rd respectively, with interests in such investment obviously gaining ground given Indiaââ¬â¢s significant potential and prospects of high profitability. As discussed above, the strong domestic consumption has led to a lot of overseas investment into the country and the government has been doing its share to promote such FDIs, through the continued removal of investment caps across all the industries. There still remain an unfinished agenda of permitting greater FDI in politically sensitive areas such as insurance and retailing, though at least for retailing, some steps have recently been taken to open this market. A deep dive into where this foreign investment is going also reveals, not surprisingly, that a substantial amount or about 23% of total FDI equity goes into the services sector, followed then by the IT and telecommunication segments. 2. 2Infrastructure An important element to take note of is that Indiaââ¬â¢s economic growth stands on a weak foundation as highways, bridges and airports are not up to international standards. Average speed on highways is only 20 miles per hour due to road congestions and generally its roads are of poor quality. Economic losses resulting from such poor infrastructure are estimated to be $6 billion per year according to the Federal Planning Commission. In India, highways or expressways constitute only about 67,000 km and while this makes up only 2% of all roads, they carry 40% of the road traffic! The government has been trying to resolve this by setting up a multiple stage National Highway Development Project (NHDP) with its signature project ââ¬Å"Golden Quadrilateralâ⬠. The goal of this project is to connect the most populous cities of Chennai, Bangalore, Pune and Mumbai. This has been partly completed in 2011 cutting the travel time on the 1335km route from Chennai to Mumbai from 90 hours to 48 hours (a significant 47% reduction). However, multiple check posts and mobile squads remain a source of corruption, not to mention traffic obstruction on highways and toll stations. Various entry restrictions into cities also slow down the transportation of goods. Since cargo traffic is estimated to grow by 15 ââ¬â 18% annually, the Indian government is spending $78. 5 billion over the next five years and is additionally trying to attract foreign direct investments for road development projects, granting 100% income tax exemption for a period of 10 years to private investors. It is also disappointing that Indiaââ¬â¢s vast railroad network of more than 60,000 km is not as effectively used for goods transportation as compared to China. One reason is a different standard of broad gauge (80%) and narrow auge (20%). The government has thankfully recognized this and is now investing $5 billion into building dedicated freight corridors in the Western and Eastern routes (Delhi ââ¬â Mumbai and Delhi ââ¬â Kolkata). More significantly, India has opened the freight transportation sector to competition erasing CONCORââ¬â¢s previous monopoly of container movement by rail. Source: Worldbank database Power is another issue as many cities and economic zones suffer from unstable power supply along with shortages of fresh water. India is generating 122 Gigawatts of power from coal-fired plants (57%), hydro power (25%), gas (10%), nuclear power plants (3%) and 5% from renewable sources (wind, solar). There is a silver lining here though. While generation, transmission and distribution is in the hands of public sector companies or state electricity boards, the private sector companies and international players are increasingly investing in Indiaââ¬â¢s energy sector (for example Tata Power has a capacity of 2,203 MW, China Light ; Power provides 655 MW). Unfortunately, despite these investments, there is still a large demand / supply gap of 7 to 12% according to Indian investment commission. It is also precisely because of its weak infrastructure that some foreign companies choose other countries in South East Asia, for example Thailand or Vietnam to set-up manufacturing sites. 2. 3Bureaucracy and Corruption Despite Indiaââ¬â¢s best efforts to remove its ââ¬Ëlicence rajââ¬â¢ stigma, there still exists a fair amount of bureaucracy. The Indian Times summed it up aptly with an article it ran on 3rd June 2009, titled: Indiaââ¬â¢s ââ¬Ësuffocating bureaucracyââ¬â¢ worst in Asia! A survey by the Hong-Kong based Political and Economic Risk Consultancy (PERC) compared 12 Asian nations towards business friendliness.. Source: World Bank ââ¬Å"Doing Businessâ⬠Publication In the abovementioned article, 1,274 expatriates working in the 12 leading Asian nations found Singapore, Hong-Kong and Thailand to be the most efficient countries followed by South Korea, Japan, Malaysia, Taiwan, Vietnam, China, Philippines and Indonesia. India came in last with its bureaucracy described as ââ¬Å"suffocatingâ⬠and interaction with civil servants perceived as a ââ¬Å"slow and painful processâ⬠. This is a serious issue not just for its reputation to the outside world, but also domestically. According to World Bank figures, India ranks among the world's worst countries at encouraging entrepreneurs. India is ranked a lowly 166th out of 183 countries in terms of ease of starting a business and second last with regards to enforcing contracts. In addition to bureaucracy, India also suffers from an alarmingly high level of corruption. The 2011 Li-Na report reveals the following: Other organizations like Transparency International ranked India 73 out of the 102 countries in its Corruption Perception Index (2008) and the World Economic Forum positions India 44th amongst 49 countries surveyed. Over the past two decades since the end of the ââ¬Å"license rajâ⬠in the 1990s, the Indian economy has gradually opened up along with the governmentââ¬â¢s relaxation on its tightly controlled policies. On the contrary, corruption in turn has become standard in most business processes. One would find the formal route of setting up a business extremely difficult in India and it is only through bribery that various processes can move or speed up. 2. 4Import Tariffs Despite steadily opening up its economy, India has however maintained high import tariffs, especially when compared with other countries. Before the 1990s, average tariffs exceeded 200% and quantitative restrictions on imports were extensive. Post 1990, India has been taking steps to cautiously reform tariffs and focus only on goods and services of highest necessity. This has resulted in Indiaââ¬â¢s trade to GDP ratio increasing from 15% to 35% between 1990 and 2005 according to World Bank. Non-agricultural tariffs have fallen below 15% and quantitative restrictions on imports have been eliminated. However, that does not mean India is a completely free market as the government has maintained a degree of economic protectionism. For instance, agricultural tariffs remain between 30-40% and anti-dumping measures have been used to protect trade. There have also been numerous requests by the US to the Indian Ministry of Commerce to reduce tariffs on industrial goods, especially in key segments like commercial air lines. On the other hand, India has recently been pushing for a more liberal global trade regime, especially in services where it is strongest in. So India must find some way to reconcile the 2 issues here. 2. 5Engineering skills In 2008 approximately 350. 000 students graduated from college holding an engineering degree, 23,000 with a Masters degree in engineering and only 1,000 students were awarded with a PhD degree. These figures were estimates by Rangan Banerjee and Vinayak Purushottam Muley, both employed by the IIT in Bombay. The number of engineering graduates has been growing significantly over the last years and is now larger than in America. However quantity does not mean quality. According to a survey of local companies, only 4% of Indianââ¬â¢s engineers are immediately fit to work for software firms and only 18% are employable in the IT sector (McKinseyââ¬â¢s survey of international firms: 25% of graduates pass IT industry-specific requirements). Hiring companies need to put a lot of emphasis on training on the job in order to bring Indian engineers up to mark. 2. 6Entrepreneurship Author Raghav Bahl argues in his book ââ¬Å"Super Power? â⬠that the Indian entrepreneurship trumps the Chinese due to more private ownership, intense competition and high productivity in India. In his book he describes an interview with George Soros in December 2006, asking him about Indiaââ¬â¢s competitive advantage over China. ââ¬Å"Entrepreneurship! â⬠was the answer. According to Soros, India had already brought up companies with world-class reputation (Tata, Infosys) which is something China lacks. According to the author ââ¬Å"entrepreneurship is embedded in Indian genesâ⬠and he points to the communication industry which was liberalized approximately 15 years ago. Since then the number of TV channels and newspapers have exploded and the telecom industry has now 500 million customers and is adding 15 million per month under extreme competitive conditions. The tough competitive environment demands for high productivity. Since the private sector in India is footed on common law, entrepreneurs can act in a legal thus predictable framework without fearing expropriation. The result is that Indianââ¬â¢s private sector is booming and is only facing hindrances of the states bureaucracy and poor infrastructure. China, with its massive population, does have its fair share of entrepreneurs of course, but the business environment in China is even more challenging as compared to India. In China, the state and the numerous state-owned enterprises with their easy credit access, are the biggest enemies to the private sector. According to Marshall Meyer (Wharton Business School) ââ¬Å"the government will always remain in control of the 100 largest firms in Chinaâ⬠. The tight control limits competition and the drive towards higher productivity. 2. 7Trade imbalance and inflation Trade imbalance has always been a sore point for India where it has always suffered a trade deficit. Part of this can be explained by the strength of the domestic market and hence the reliance of the GDP growth on it. This trade deficit has however increased significantly over the years and currently stands at some USD $16 billion as of August 2011. Together with this, annual Inflation has also increased significantly and is currently standing at close to 10% in 2011, way above the generally acceptable levels of 6%. This rise in inflation is despite the India Central bankââ¬â¢s efforts to contain this through multiple interest rate hikes. However, Indiaââ¬â¢s inflation is caused more by structural factors in the economy, including some discussed above like poor infrastructure, lack of skilled workers and low productivity in agriculture ââ¬â which will require major policy reforms to tackle, rather than simply increasing interest rate. All these factors combined can pose a significant challenge for India moving forward. Inflation does not just affect the cost of goods for the domestic market and hence affordability. It also affects the strength of the Rupee, Indiaââ¬â¢s national currency. The strength of the rupee has been steadily decreasing over the years compared against the dollar and this in the long term would affect Indiaââ¬â¢s competitiveness. Granted, India is still very much a consumption led market. When compared with many Asian emerging economies, this advantage has narrowed down over the years, especially given the fact that India now imports almost two thirds of its oil requirements from overseas markets. Additionally, while the overseas debt has gone up to $306 billion at the end of March 2011 from $221 billion at the end of March 2008, the cushion of foreign exchange reserves was stable and decreased slightly to $305 billion from $310 billion over the same period, which is a worrying trend. The main reason why internal public debt has increased in India during in the last decades was the requirement of funds to finance various developmental programmes as both tax and non-tax revenues were totally inadequate to finance the government expenditure. The external public debt in India Increased significantly during 1961-2004 as it was utilized to make import payments and solve balance of payment problems. The tremendous rise in total public debt in India during 1991-2004 provides an alarming signal to Indian economy. 2. 8Indian Political scene Indiaââ¬â¢s political scene has always been an interesting one. It is the worldââ¬â¢s largest democracy where literally everyone has a voice and this has on more than one occasion, resulted in slow and costly decision making. While there is a central government in place comprising of the standard hierarchy of politicians and parliament, the states themselves also have their own legislative environment, which differ greatly from one another due to the significant autonomy that they continue to enjoy. In terms of political parties, there are 2 main coalitions: The Indian National Congress (current ruling party) and the Bharatiya Janata Party (BJP). As such, it is unfortunate to note that while Indian National Congress has a majority in the current ruling government and even control some state assemblies, it has failed since to implement any significant reform programs. This is in part due to the complex nature of the Indian political scene, but more important than that is the amount of time and energy spent to manage several high profile corruption cases, the most significant of which (as discussed above) was for the 2010 Commonwealth games and the auctioning of the 2G wireless spectrum. As such, while India has built up a profile of being a hot bed for FDI, this volatile political scene has also detracted some countries like the UAE from investing as well. 2. 9People As a last part of Indiaââ¬â¢s growth story, we also thought it be interesting to explore if the lives have improved over the years as well. After all, a key part of growth is to ensure the peopleââ¬â¢s standard of living goes up. There are bright spots of course. Gross income per capita has experienced astonishing growth, reaching USD $,219 in 2010, up from close to USD $400 back in 2000, in line with the growth of India to some extent. This represents almost 14% growth on average over the last 10 years. However, such massive growth is not without its problems. The middle class has exploded within India, reaching 32% of the overall population in 2010, and while the service segment has boomed, it only accounts for 20% of total employment in India. Majority of the people are still farmers by trade, working within the agriculture segment that is protected within India but now only accounts for 15% of its overall GDP. In addition, according to the registrar of India, the number of young adults aged between 15 and 50 years will reach 800 million by 2016. This means that the number of people entering the workforce will shoot up dramatically over the next few years. The question then is where are the new jobs going to come from? It is not a realistic expectation for the service segment to dramatically increase employment by another 20 points and the manufacturing segment isnââ¬â¢t growing fast enough to contain this population, which in China has taken on the main bulk of the employment. . THE PATH FORWARD As per the introduction, this paper will attempt to argue that India should look to develop another industry ââ¬â the Design industry. Why such a specialized segment? What is critical for both India and its MNCs is the ability to build a global brand. There are 2 typical routes taken by companies to establish themselves are as shown below: Route A is the more conservative approach where a co mpany looks to develop a consistent revenue stream before embarking on its own brand. Route B, while more risky, brings much faster rewards should one be successful as seen from the likes of HTC and Giordano. The profits reaped however are quite significantly different. Just simply becoming an ODM, yields a 6% increase in terms of margin when compared to just being a simple OEM, primarily because of the additional value one can bring. Requires market and technology competencies Becoming a design hub would also enable India to grow its manufacturing segment at a much faster pace. India has the potential to become a complete solution provider ââ¬â it is already strong in consultancy and services not to mention a big pool of engineers and scientists, and it has a lot of land available to set up manufacturing plants. Plus it has a large and still relatively low cost labour market. Hence, domestic players who are strong in the services piece can build up its manufacturing capabilities quite easily to up the ante. International firms who already have plants in India, can tap onto the big brain pool and potentially bring lots more R&D investment into India. So in terms of helping India grow both from a brand and FDI perspective, we felt that becoming a design hub is key. Additionally, design is really the driver of profits as it is the key differentiator for a lot of products, which in turn lead to higher price points and consumer willingness to pay. Apple and its iPhone is the perfect example of this. The great part about all this is that design innovation can cross all industries from automotive to design to FMCGs etc, which also means it is not a niche segment that will fizzle out after a period of time. The question is what should India do to develop this segment quickly and effectively, and the rest of the paper will be devoted to that using fashion as a case for analysis. 4. INDIAââ¬â¢S FASHION INDUSTRY ââ¬â TRULY GLOBALISED? 4. 1The Fashion Industry The worldââ¬â¢s fashion industry was born together with modernisation, even though fashion has been in existence for more than five thousand years. And with industrialisation, continuous technological advancements and global capitalisation from the 20th century onwards, the fashion industry has contributed to a significant share of the worldââ¬â¢s output. A study on emerging fashion markets showed that India, amongst countries like South Africa, the UAE, Singapore, Russia and Brazil had emerged as a new and unique player in this global industry since year 2000. In many of these countries, one of the key growth drivers identified was actually government support. Others mentioned are factors such increased awareness of international brands and higher demand for fashion as countries globalised (Grial Research Sep 2009). For India, the government had not played any key role in its emergence in the fashion industry. We would want to explore what the key drivers are, and how they can be used to plot Indian fashion on the global success map. In Asia, China is the biggest apparel and fashion market with domestic clothing sales worth US$33. 1 billion in year 2008 (Price Waterhouse Coopers report). As the Chinese are relatively more brand conscious than most Asians, the high-end fashion market is actually dominated by key brand names of US, Europe, Japan and Korea in China. As for India, it is the third largest in apparel market after China and Japan ($31. 8 billion ââ¬â Willy Barker. com) with US$5. 8 billion (PWC report). Refer to Chart A. With experts looking to the fashion industry in Asia for good growth potential, China and India are expected to have double-digit growth in sales in the next two years. 4. 2The Indian Fashion Industry In a McKinsey report on Indiaââ¬â¢s fast-growing apparel market, Indiaââ¬â¢s apparel sales was expected to reach an estimated US$25 billion by end of year 2010 (McKinsey Jun 2010). In fact, apparel is the second largest retail category (behind food and groceries), and this growth of double digits showed that the great potential of this industry will continue to see strong and positive expansionistic opportunities. With that we do expect to see faster growth in the Indian fashion industry. How true is that? In order to know whether it can be true, we will need to understand the underlying factors, key drivers and perhaps the ways of overcoming constraints of this industry. In addition, it is important to look from inside out as well as outside in and explore whether Indian fashion can be truly globalised and whether foreign industry players stand a chance in penetrating the Indian market. All in all, with potential growth in Indian fashion design, it will push its manufacturing requirements, and truly globalize Indian fashion as well as setting pace and example in an important industry for India to carry through from design innovation throughout all industries, just like fashion design is trying to do. . 2. 1Factors driving growth Indeed there are several key drivers which drove, and most of these will probably continue to drive the local domestic fashion industry to greater heights. These can be grouped into 3 key areas; mainly the increasing disposable income of Indians with economic growth driving GDP per capita from US$329 in 1991 (Wiki) to an expected US$2,110 by year 2016 (refer to Chart B); 1991 2016 2010 Indian youthââ¬â¢s behaviours and exp ectations of fashion; as well as Indian-Western fusion and influence. These are definitely interrelated and formed a powerful driving force which will continue to shape the Indian fashion industry, as well as how Indian fashion can be truly globalized. Figure A on the main growth drivers for Indian fashion industry Real average household disposable income in India has more than doubled since 20 years ago by about US$2,000 per household (Earthpulse). In addition, the middle class portion is expected to continue a significant growth rate and this will create a robust consumer market internally in India. With stronger purchasing power, fashion products will definitely see faster growth as such goods have been proven to be demanded as people become richer. Latest figures (refer to Chart C) show that comparing year 2007 through to year 2010, Indiaââ¬â¢s gross and disposable income has grown by almost 50%, and with this comes prospering urban consumer lifestyle which push for stronger demand for fashion, given more social opportunities as Indians evolved to have richer tastes and improved social and work lives. At 29% of population residing in cities, India has one of the lowest urbanisation rates in the world (McKinsey report), and this shows the potential upward growth as Indians continue to stream into the urbanised cities to work and live, and with that will continue to demand strongly for new styles and fashions in order to stay relevant to the rest of the more developed societies, which is part and parcel of urbanization and changing cultures in growing ad developing countries. Also, with higher disposable income, it pushes more businesses, both foreign and local enterprises to expand in hope of being first movers in many areas and aspects of fashion such that they will be the preferred brands or choices as Indians grow richer by the day. As such, larger shopping malls are opening and many are focussing on apparels and other fashionable items. In addition, with the increase in the usage of credit cards with more Indians holding jobs in bigger companies, there is no doubt that this factor will continue to drive consumer demand, and definitely the fashion industry growth. The second driver is really the change in the demographics of the Indian population. With better education, younger age groups, more exposure to foreign ideas and stuff through growing internet users and all, the youthful Indian population (in comparison with aging societies of Japan and China) have refreshed the fashion and apparels market with fresh and new ideas, and as a result, even traditional costumes such as saris are modernised and being worn differently, and India has also seen many renowned designers on the international scene. Coupled with things like the launch of new programs and courses in various Indian schools, such as Indian School of Business launched ââ¬Å"Business of Fashion: Strategic Brand Managementâ⬠, there is much greater promotion of fashion and push of local designers and the industry to an international level. Rising affluence of the younger generation has also increased the brand awareness of Indian consumers, thus helping India moving closer to the Chinese standards of brand consciousness, giving rise to the vibrancy of the fashion industry. Hence, as Indiaââ¬â¢s economy continues to grow stronger, and with the help of a sustainable youthful population, the Indian fashion industry can be boosted with much more international exposure and clientele, thus truly globalizing this industry to attract and promote Indian fashion products and output internationally to a greater level of competitiveness. Another important driver is really the fusion of Indian and Western tastes and perhaps some parts of culture, which has gradually influence the lives and lifestyles of Indian nationals. This can be attributed to several reasons such as the ever growing number of foreign multinational companies setting up branches and even regional headquarters in India; the ââ¬Å"bombardmentâ⬠of foreign television programs, all thanks to cable TV, as well as movies and the Internet which played a big role in educating and updating Indians of the latest global fashions and trends; many more Indians receiving education overseas as compared to previous 20 years. As a result, this mixing of the East and West has also provided a unique Indian fashion line and trend which has given foreign fashion lines a run for their money. Also, Indians themselves for opting for more Western, especially American and European styles of fashion as compared to traditional clothing, although it will still take many decades and generations to dilute the traditional Indian clothing. This fusion is essential for Indians to embrace the fast pace changes that we are seeing in the fashion industry globally, and enable them to quickly adapt and even be able to set trends for the future. 4. 2. 2Local and foreign players Being one of the oldest civilisations in the world, Indian fashion has combined tradition, culture and modernisation to become an emerging market since year 2000. Fusions of Indian and Western styles have dominated the catwalks of Indiaââ¬â¢s various fashion weeks, which have become popular and saw strong demands locally and overseas. Since year 2000, India has organised an increasing number of fashion weeks, such as Delhi fashion week and Lakme India Fashion Week, which are annual events showcasing the works of the nationââ¬â¢s best fashion designers. This has attracted local and foreign purchasers, facilitating business opportunities as well as giving local talents the platform to globalise their designs. Lakme 13th India Fashion week which attracted many buyers both locally and abroad With recognition and the foresight of continuous strong growth, in year 2008, a group of established Indian designers founded the Fashion Foundation of India (FFI) and it aims to help all local designers and the fashion industry grow internationally. At a particular Delhiââ¬â¢s fashion week, about 70 out of 150 buyers came from abroad, and this numbers continues to grow as more overseas buyers recognized the popularity of Indian fashion. With the local scene doing well with their local product designs, given that more and more Indian grown companies are also moving into the fashion and apparels markets, such as ITC (Imperial Tobacco Company of India Ltd) creating Wills Lifestyle with 61 stores in 34 states, Trent, Reliance Retail, Indiabulls, etc. , the fashion and apparel sector are bound to see double digit growth for the next 5 to 10 years, and this is a boom for the apparel manufacturing industry indeed. In addition, India is attracting foreign investment in fashion as well. We see the country being a focus for Inditex, the Spanish clothing retailer which opened 25 Zara shops in year 2010 in partnership with the Tata group. Another international renowned fashion company who had made their debut in India since a few years ago opened its third store in Mumbai selling international as well as local designs which includes exclusive sari designs which sold for between USD $6,000 to $8,000 each piece, targeting at the expanding luxury market in India. Although Hermes (French) did not divulge whether their sari designers are locals, but from the design, it appeared obvious that Indian designers would definitely had played a key role. Hermes is definitely not the only company that had launched Indian collections. Other luxury brands like Todââ¬â¢s (Italian) and Prada have gone into the market with the ââ¬Å"Indian touchâ⬠of silk satin clutches, woven sandals and embroidered cotton dresses which are typically made in India! From the above, we can see that there is very strong foreign interest in Indian design and thereafter manufacturing in fashion products locally as most foreign players see the great potential of Indian consumer market given its strong growth in GDP per capita and other factors as already discussed earlier. The challenge for these global brands will be how they can translate the interest and investments into successes. One area is of course trade barriers which should see changes if the Indian government wish to liberalize this sector further. 4. 2. Fashion design industry ââ¬â an example of Indiaââ¬â¢s design future Confidence is for sure to be going the positive way as even the worldââ¬â¢s leading fashion and style consultancy firm, WGSN, had set foot in India with the intention to partner with the Indian fashion industry to identify the opportunities and the process to become a global player. WGSN had planned to focus on the whole fleet which included fashion designers, m anufacturers and retailers by helping them move up the value chain to tap on more and bigger opportunities both in the local scene as well as in the global fashion design industry. As quoted in an Economist article on Indian fashion design future, it stated that ââ¬Å"It is India's potential as a source of future design stars that attracts the foreignersâ⬠. Many foreign players are really looking for that ââ¬Å"polished diamondâ⬠, i. e. designs or designers, which are able to combine Western cuts with Indiaââ¬â¢s talent for embellishment and its famously fine textiles. However, many Indian designers also lack the organisational skills and infrastructure needed to handle large orders. But as Indian designers attract investors, their business skills will no doubt improve. And as discussed in the macro analysis earlier, there are many constraints atypical in hindering exponential growth which basically applies in impending the faster growth in the Indian fashion industry as well. These are constraints such as poor infrastructure, inflexible labour laws, even the difficulty of growing from small to big because of conservative banking systems, etc. We can see that more has to be done for the fashion design industry, which will be further elaborated in the next section of this paper. Depending on current fashion institutes, and push from Indian domestic designers such as Rina Dhaka, Anamika Khanna and Manish Arora who have gained some success in the international scene and are trying to push more for this industry through creation of associations like FFI (Fashion Foundation of India), this will still not be sufficient in growing faster unless the government re-look at their own strategies and is able to see the importance of the fashion design industry in driving both the fashion industrial and service sectors, as well as to put a name for India in international fashion arena. With this, we draw parallel to other Indian industries (IT, Healthcare, Higher-end consumables) which too can ride on design to bring about a positive and effective change in the value chain of India, and as such may bring India to the next level in climbing up the ladder of being the worldââ¬â¢s main heavy weight in economic power in competition with China. An example which can show how many are envisioning this trend and are trying to ride on the bandwagon to perhaps have first moverââ¬â¢s advantage is the fact that IDEO, the worldââ¬â¢s top design and innovation consultancy firm, has landed in India. It is pretty obvious that IDEO has recognised the potential of India and Indians being groomed to put design and innovation in their move to grow the economy exponentially All of IDEOââ¬â¢s work is done in consideration of the capabilities of our clients and the needs of their customers. As we iterate toward a final solution, we assess and reassess our designs. Our goal is to deliver appropriate, actionable, and tangible strategies. The result: new, innovative avenues for growth that are grounded in business viability and market desirability. Extract: IDEOââ¬â¢s website And it is truly what the Indian government can concentrate on, and that is to use design and innovation as key drivers in improving the performance of both the local industrial and service sectors, which will in turn improve the Indian economy tremendously and the lives of Indians with more jobs and economic stability, moving from Third World to First World country for all Indian humanity. 5. COMPARISON WITH CHINA The ancient Chinese strategist and philosopher, Sun Tze has once said ââ¬Å"if you know the enemy and know yourself, you need to fear the result of a hundred battlesâ⬠. This also applied for India in order to formula its strategy in developing the design industry. In the previous section, we have done the detailed analysis about Indian economic and the direction for its economic development direction, in this section we will discuss how should India compete in the global market. Firstly of all, we shall identify Indiaââ¬â¢s main competitor in the individual industry. For the manufacturing industry, base on the market size, Indiaââ¬â¢s main competitors are mainly China, Japan and Korea, which are mainly within the same geographical area. For the service industry, Indiaââ¬â¢s main competitors are mainly USA, China. For the design industry, Indiaââ¬â¢s main competitors are Italy, USA, China. As we can tell that, in each of the industry, China is the overall main competitor for India. Since China and India both are leaders in the emerging market countries, both are having similar competitive advantages (massive labor resource, cheap but high skill workers, high GDP growth etc), there are more and more competitions between the two. A further analysis shows that China has already made a leap in the development of its design industry. Referring to the Forbes global 2000 companies list, we can tell that there are few Indian companies in the product renovation relevant industry, the majority of the listed Indian companies are in the Banking industry, Steel Manufacturing Industry and Natural resource related Industry; however, there are many Chinese companies in the list are famous for their product innovation ; design, for example, Lenovo Group is the global leader in PC design ; manufacturing industry, ZTE is famous for its network equipment design ; innovation and TCL is famous for the electronic appliance innovation and design. In order for India to compete in the manufacturing with the leap of design industry, we think that it is reasonable for India to study how China developed its design industry, and base on the comparison, Indian may take some lesson learn from China. Chinese government recognizes the importance of design ; innovation in 1980s. Since then, the government has taking stepping in helping to develop its design industry. Basically, China takes 3 steps to develop its design industry. The first step is to establish the education system for the industry. In 1984, China setup the first design course in Hunan University, Since then, there are more any and more students graduated with major in industry design or fashion design. Till now there are nearly 10. 000 students graduated with major in industrial design from 400 colleges every year. This large talent pool provides an enhanced support for China to develop its design industry. This is also one of the major factor that many multinational design related companies are setting up its design innovation centre or R;D centre in China. The second step is to establish the design industry network across the country. China has established 34 design associations all over. There are more than 30 design festivals and nearly 50 seminars in China every year, many of these events are sponsored by the Chinese government. The government also encourage and promoting the design ; innovation by introduce country wide awards to motivate designers. For example, since 2005, the government established the honoured activities selecting ââ¬Å"China Top Ten Outstanding Young Designersâ⬠every year. Also, since 2006, the government establish the national industrial design award ââ¬Å"Red Starâ⬠annually. The third step is to support the Local companies and projects. The government has made plans to introduce national support to develop the fashion ; design industry by providing funding for design projects. There are also government policies to encourage design related firms to develop. Overall, China has achieved progressive result in developing its design industry. In 2009, Chinese government produced an advertisement of a international image promoting ââ¬Å"Made in Chinaâ⬠brand and aired on CNN Asia. This ad is deliberately made to rebuild and strengthen the ââ¬Å"Made in Chinaâ⬠reputation. However, it also shows that China has taking he product branding into a national level, the government may be is aiming for promote ââ¬Å"Design in Chinaâ⬠in the near future. 6. PATH TO VICTORY? India may take reference in Chinese government leading example in development its design industry. Base on the previous discuss, we think India should recognize the need for the country to development its design industry, at the mean time learn from its competitors and apply the strategies according to its own market needs. Referring to Chinaââ¬â¢s strategies, there are four recommendations we think Indian may consider: The first recommendation is that Indian should support the design education. Although there are two global top design schools in India, however, there are not many schools offering design as a specialization. Even within the two top schools, there are reports shows that the facilities for design faculty are very limited and students do not have exposal to the international design industry. We think that Indian should recognize that in order to develop the industry, there must be enough talents available. Indian government may consider the following strategies to support the design education. 1. The government can identify several schools in each state to introduce to design course. The government should consider provide funds for the school to recruits staff either from the industry or from overseas. 2. The government should encourage the internal national design company to open branch office in India. This local operation of the overseas design company will generate the market demand for the design talents and attract more youngster to take the design related courses. 3. The government should establish international activities to provide international exposal to Indian schools and the students. The second recommendation is that India should consider establishing its design network across the country. India is also a big country; it should also consider establishing the design association in each state. We understand that for India, the local state government may have more resource and authority in local development; we recommend the central government to provide the policy to guide the local state government to encourage a close connection between design associations in each state. The third recommendation is that India should consider establishing a regional design centre. In this way, India may take the opportunity to link the work design industry with the design centre and spread to each state across the country. One city India can consider to label as the design centre is Bombay, since Bombay is named as the commercial ; entertainment capital. The fourth recommendation is that the India government should consider encouraging the local companies to develop its design and innovation strength. The government may provide the funding support for design projects. This will help the Indian companies to development a sustainable model. Price + Value In order for a business to sustain, there are basically four key factors: investment, productivity, human development and product quality. The education support in recommendation 1 will help to provide a sufficient high skill work force for the company to develop its design arm. The initial government funding will provide the investment for the company to develop the product design and innovation. The introduction of the new drive force for the product design ; innovation will contribute to the increased value in the product quality and increase the productivity. The business sustainability will also help to sustain the design industry to develop. APPENDIX for references 1) http://zeenews. india. com/news/nation/india-s-suffocating-bureaucracy-worst-in-asia-survey_536445. tml 2) http://www. li. com/attachments/EntrepreneursIndia2011. pdf 3) http://online. wsj. com/article/SB10001424052970204479504576639233537716542. html#project%3DISTARTUP1011%26articleTabs%3Darticle 4) http://business-standard. com/india/news/us-wants-india-to-decrease-tariffsindustrial-goods/374667/ 5) http://web. worldbank. org/WBSITE/EXTERNAL/COUNTR IES/SOUTHASIA 6) http://www. forbes. com/2010/10/13/india-china-entrepreneur-markets-economy-raghav-bahl-book-excerpt. html 7) http://www. li. com/attachments/EntrepreneursIndia2011. pdf 8) http://en. wikipedia. org/ ) Grail research on Global Fashion Industry ââ¬â Growth in Emerging Markets (Sep 2009) 10) http://www. merinews. com/ ââ¬â Article on Indian fashion industry becomes global (2nd Mar 2008) 11) McKinsey ; Company reports a. Indiaââ¬â¢s fast-growing apparel market (Jun 2010) b. Made in India ââ¬â The next big manufacturing export story 12) http://blogs. wsj. com/indiarealtime/2011/10/12/hermes-goes-local-with-india-sari-launch/ 13) Forbes ââ¬â Fast Fashion Zara in India (29th Jul 2010) 14) Price Waterhouse Coopers ââ¬â Strong and Steady 2011 Outlook for the Retail and Consumer Products Sector in Asia 15) http://willslifestyle. om/Season21/lounge. html 16) http://www. earthpulse. com/ PARKING LOT Easy access to credits for the private sector i did not write anything about it! ââ¬âââ¬âââ¬âââ¬âââ¬âââ¬âââ¬âââ¬âââ¬âââ¬âââ¬âââ¬âââ¬âââ¬âââ¬â [ 1 ]. http://www. forbes. com/global2000/ [ 2 ]. http://www. chinahush. com/2009/12/02/made-in-china-ad-campaign-and-its-secrets/ [ 3 ]. http://nitawriter. wordpress. com/2007/12/11/india-has-two-of-the-best-design-schools-in-the-world/
Tuesday, July 30, 2019
Science Report on Spinosaurs
DATE: January 24, 2013 NAME: Carl Kallies SCIENCE REPORT: Dinosaurs ââ¬â Spinosaurus The Spinosaurus is my favorite of all the dinosaurs. It was made famous in the movie Jurassic Park 3, one of my favorite movies. Scientists estimate Spinosaurus to be 40 to 56 feet or 12 to 17 meters from head to tail. Spinosaurusââ¬â¢ body looks a lot like that of T-Rex, but there are a couple of obvious differences. Of course, T-Rex didnââ¬â¢t carry that large sail-like fins made of 6-foot spines.And the front arms of the Spinosaurus are heavier and longer than T-Rexââ¬â¢s arms. Some scientists think this means that Spinosaurus used them for walking, while others say these strong front arms could really get a grip on dinner. The head of Spinosaurus was longer, more narrow, and not as heavily built as that of T-Rex. Whoever named this beast wasnââ¬â¢t having the most creative day. Spinosaurus means ââ¬Å"spiny lizard. â⬠There were large spines extending from the vertebrae alon g its back.And when I say large, I mean they could grow up to 6 feet long! Most researchers believe that the spines were covered with a membrane of skin that filled in the spaces between the spines, sort of the way webbing fills in the spaces between the ââ¬Å"toesâ⬠of a duck This made a sail-like fin that could have helped control body heat. Some researchers think that the sail could have been extended or collapsed at least to some extent. Perhaps then the sail could be used to get some other dinoââ¬â¢s attention.Spinosaurus was discovered in 1912 by a German paleontologist. Ernst Stromer found the first and most complete specimen in Egypt. Sadly, this specimen was destroyed during the bombing of Munich in WWII. No Spinosaurus since Stromerââ¬â¢s first find have been as complete. The long narrow snout of Spinosaurus contained jaws full of sharply pointed teeth. Unlike the steak knife serrations of T-rex teeth, Spinosaurus teeth were smooth and round.Because of the rese mblance to the bite of crocodiles, where the upper teeth of the Spinosaurus interlock with the lower teeth, scientists think Spinosaurus might have had a diet consisting primarily of fish. To add weight to the fish diet theory, acid etched Fish scales have been found in Spinosaurus stomachs. While their bodies are well-adapted for meat, their particular variety may have been of the swimming type. I think that the Spinosaurus is one of the best dinosaurs ever discovered.
Monday, July 29, 2019
Historical contributions of a Sigmund Frued to the field of psychology Term Paper
Historical contributions of a Sigmund Frued to the field of psychology - Term Paper Example As such, Freudian concepts, which were widely debated among his followers and scholars, were deemed to be controversial yet remained to be worthy of our examination and understanding. This paper will look back at the historical contributions of a Sigmund Freud to the field of psychology. By examining his early life, one can explore his childhood and its influence on his understanding of human behavior. Also, his theories on dream interpretation, psychosexual development, the id and the ego, psychological repression, and transference will be explored to know more about his controversial theories in psychology. Moreover, by taking a look at three of Freudââ¬â¢s notable followers, Carl Jung, Alfred Adler, and his daughter Dr. Anna Freud, one can explore on how Freudââ¬â¢s ideas have influenced his followers to develop their own theory of the mind. Finally, discussion of Freudââ¬â¢s legacy and contribution to psychology will seal his achievements as one of the most important thi nkers in the 20th century. Early Life On May 6, 1856, Sigismund Schlomo Freud was born in Freiberg, Moravia - a small town which was then part of the Austrian Empire, now known as the Czech Republic. His father, Jacob was a textile dealer and had two children by previous marriage. His mother Amala, who was 20 years younger than his father, gave birth to his first son Sigmund at age 21. Being the first child of eight siblings and in accordance to Jewish tradition, young Sigmund became the favorite in the family. He grew up "partially assimilated, mostly secular Jewâ⬠. Soon, Freud would become loyal follower of 19th century positivists in which he pointed the distinction between religious faith (which is not checkable or correctable) and scientific inquiry (which is both). For himself, this meant the denial of truth-value to any religion whatever, including Judaism.à A. Life & Education in Vienna When he was four years old, his father met a business failure and this made his f amily to move from the mountains of Moravia to a cosmopolitan metropolis in Vienna. A bright boy, Freud was admitted to a gymnasium in Leopoldstadt a year ahead of his time in 1865. By the time he graduated in 1873, he was awarded with honors. Initially, Freud intended to study law, but then decided to enter Medical School after having attended a lecture on Goethe's essay On Nature. He then joined the medical faculty at the University of Vienna where he obtained his doctorate in medicine. As early as fromà 1876à toà 1882, Freud worked as a research assistant at the Institute of Physiology under Ernst Brucke, with neurology as his main focus. à In 1885 Freud received a one-year scholarship with Charcot at the "Salpetriere" in Paris. In 1886 Freud opened his first neurologist's office in Vienna, Rathausstrasse 7. Under Jean-Martin Charcot, Freud practiced and observed hypnosis as a clinical technique, and began to formulate the beginnings of his theory on the mind. Freud went on to make nervous ailments his specialty, concentrating on hysteria. B. Published Works By 1895, the year he publishedà Studies on Hysteriaà with Josef Breuer, he had made significant progress in mapping out and defining his own theory of the mind. A period of intense work and self-analysis, further inspired by the death of his father, led Freud to his publication ofà The Interpretation of Dreamsà in 1900 and ofà Psychopathology of Everyday Lifeà in 1901. The latter work, offering amusing and easily applicable anecdotes of Freudian slips, found a wide audience for his theories of the mind. By 1902 he finally gained the position of associate professor at the University of Vienna. In 1908 Freud established a Psychoanalytic society in Vienna, and thus his
Sunday, July 28, 2019
Finance accounting assignment on earning management
Finance accounting on earning management - Assignment Example The second part of the paper would answer questions relating to impairment of assets. It will involve a critique of the circumstances under which impairment is declared. It will also explain when companies must perform impairment reviews and examine a practical case of impairment my Peugeot-Citroen and Vodafone. A. Managers' Incentive for Earning Management. ââ¬Å"Earning management occurs when managers use judgement in financial reporting and in structuring transactions to alter financial reports to either mislead some stakeholders about the underlying economic performance of the company or to influence contractual outcomes that depend on reporting accounting numbersâ⬠(Rowen and Yaari, 2009: 26). This implies that earning management is centred around the fact that a firm's directors and managers might want to present information in a way and manner that is not true nor accurate. Earning management is sometimes called disclosure management and creative accounting. It includes the use of approaches and systems to disclose accounting information in a way and manner that meets a defined end or objective (Alistair, 2008). Managers often have targets that are predetermined for them by the board of directors. This implies that they would have to work hard and do whatever is legally acceptable and possible to meet those objectives and standards. In the process of attaining the given standards and objectives of financial statements, most managers end up putting together financial statements in a creative manner. In other words, they do everything possible and practicable to balance the accounts so that it reflects the ends or the final figure that is expected of the management of an organization. In most situations, earning management is done to smoothen profits and ensure that the earning of the company in a given period is forged in a way and manner that it is in line with targets. This presents a different reality of the earnings of the period and this defeats the purpose of financial statements and financial reporting of capturing the economic realities in an objective and complete manner. These managers therefore manage their earning and disclosures in a way that favours them and enables them to appear to be meeting the end that they have in mind. In a research conducted by Cheng and Warfield (2005) they identified that the main objective for earning management amongst manager includes three interlinked ideas and concepts. They include: 1. Earning management incentives 2. Future manager trading. 3. Enhancement of organisational position. The first idea is that earning management incentive allows managers to attain the favour of people who set targets for them. This is because in most cases, managers are judged and assessed on the basis of the attainment of results and targets. In reality, manager's worth is identified by how well he meets the financial and economic targets that are set by the people at the top of corporate governance. There is therefore the desire or expectation to use creative techniques to ensure that they attain financial targets. This leads to pressure to use various loopholes and techniques in accounting concepts to present a favourable position. The second idea is that managers often get incentives that are tied to their performance.
Saturday, July 27, 2019
Adding value by analyzing an issue in a website Article
Adding value by analyzing an issue in a website - Article Example The first step is to explore Trentââ¬â¢s undergraduate programs. This link takes the student to a page that outlines the undergraduate courses offered. These courses are categorized into Undergraduate Degree Programs Available in Oshawa, Undergraduate degree programs and specializations available in Peterborough, Professional programs of study, Emphasis programs, Diploma programs, other programs, Graduate programs offered at Trent. After the student has analyzed the courses and identified one that they are interested in, they go to the next link which is Applicant Pathways, which outlines the admission requirements and deadlines for the specific course they wish to undertake. Finally, the student is required to apply to the university through Ontario Universities Application Center, which is the center through which application to all Ontario universities, including Trent University, is done. The proposed change is to reduce the steps required to be followed by a student to be admitted to the university so as to reduce the complexity of this process for the students aspiring to join Trent
Friday, July 26, 2019
Exploring The Dark Side. Review of hacker sites Essay
Exploring The Dark Side. Review of hacker sites - Essay Example Indeed, as Gold (2001) argues, there is an overriding tendency to perceive of all hackers as intent on the accessing otherwise private information for the purpose of criminal use and profit. Certainly, a not insignificant percentage of hacks into corporate databases is motivated by precisely such an intent but an equally significant percentage is motivated by the intent to expose security flaws. The intent to expose, as Gold (2001) contends, is not accompanied by an underlying criminal or financial motivation but simply by the determination to prove that the security systems which companies have invested large amounts of money in are, indeed, flawed and easily penetrated by professional hackers. Interestingly, the four sites mentioned appear to evidence Gold's (2001) argument. The technical information provided in these sites can be interpreted as hacking guidance information but, more significantly, it directs attention to existent security flaws and data vulnerability. In its announcement of a four-day hacker conference, the Cult of the Dead cow effectively evidences that hackers have a constructive role to play in the securitization of information. For example, the mentioned conference announcement is accompanied by a call for papers on network penetration, malware generation and, importantly, network security. The implication here is that hackers are actively involved in the study of network security flaws, aspects of network vulnerability and information warfare strategies, as based on existent flawed security and suggest strategies for the resolution of these weaknesses and vulnerabilities. As may have been deduced from the preceding paragraph, Cult of the Dead Cow may be perceived of as a positive contribution to information assurance and the fact that this statement may be extended to embrace professional hacker communities per se, is established through a review of I Hack Stuff. The latter site is extremely informative because it establishes the extent to which data and networks are vulnerable by illustrating how supposedly sensitive and extremely secure information, such as administrator login information, customer lists and websites' member databases, including passwords, may all be accessed through a google search. I Hack Stuff provides a long list of the google search terms that one needs to enter in order to access this information and upon experimenting with it, I discovered that the information is valid. Certainly, the information which I Hack Stuff provides may be interpreted as an immediate and intolerable ethical violation insofar as it directs novices, or experimenters, towards the location of information which allows for the successful hacking of supposedly secure websites. Taken from another perspective, however, such information may be interpreted as a constructive contribution to data and information assurance. It exposes security flaws and
Thursday, July 25, 2019
Business-Level and Corporate-Level Strategies Essay - 2
Business-Level and Corporate-Level Strategies - Essay Example The organization represents the actual market penetration of 82%. In addition, the organization sells mobility of accurate voice and data through significant wireless services. Business Level Strategies of AT&T AT&T is one of the most popular telecommunications brand in global market place. The organization followed unique business level strategy to enhance their business performances. Business level strategy includes cost leadership strategy, differentiation strategy and focus strategy. Implementation of effective business level strategy helped the organization to become one of the strongest global brands within the telecommunication industry. Business level strategy of AT&T has been described below. Cost Leadership strategy The organization focuses on the reduction of business operation cost in order to offer the products to the end customers in a reasonable price. This competitive pricing strategy helped the organization to achieve the leading spot in the US telecommunication indu stry. For example, the organization provides several effective services, such as Rollover Minutes and Family Unit Plan. The organization reduced the service processing cost to deliver the services in a low price level. Moreover, the organization has implemented several niche marketing strategies. The organization provides, TDMA, UMTS and GSM service in minimal price to their clients. Effective cost leadership strategy helped the organization to develop significant client base. Differentiation Strategy Effective product and service differentiation strategy helped AT&T to meet the market demand and customer satisfaction level. The organization collaborated with Apple Corporation. AT&T started to sell their GSM and Wireless services through the iPhones. The organization is successfully acquiring leading global clients. It is helping them to secure effective market share. Unique accord to the competitive global market place has effectively differentiated the brand from its existing glob al competitors (Brenton, 2007). Utilization of wide spectrum offers exclusive video conferring service to its target customers. Focus Strategy AT&T is the only telecommunication organization in US that committed effective customer service. The organization has implemented effective niche marketing strategy. People can get linked and connected with each other in any place through the efficient telecommunication and broadband service of AT&T. The organization effectively diversified their business operation in several emerging global markets. AT&T provides HSPDA, Voice PTT, Video Sharing and Voice-IP services to its global customers. In addition, exclusive channel exposure helped AT&T to achieve potential competitive advantages. Question 2 The successful story of AT&T portrays 130 years old history. The giant telecommunication service provider effectively served the US customers through exclusive telecommunication service. From the foundation of AT&T by Graham Bell to the modern era, the global telecommunication industry has astonishingly evidenced various key events of the organization. This part of the study will determine the corporate level strategies of AT&T. Corporate Level Strategies Telephone was introduced by Graham Bell in the year 1875. After the successful establishment, the organization has diversified their business operations in various emerging global market place. AT&T follows vertical integration structure in the organization.
Marketing internship report Essay Example | Topics and Well Written Essays - 1000 words
Marketing internship report - Essay Example my internship at Plush Karaoke, I had a special focus on acquiring knowledge on the different strategies employed for marketing and promotion of services in the organization. To ensure this was effectively understood, I had to partake in the numerous marketing and promotion activities of the organization, among which were advertising, sales promotion, selling, and the public relation (Steinke 145). In Plush Karaoke, promotion was used for the purpose of expanding the market, as well as retaining its current position in the market. Similarly, this organization employed promotional strategy for the purposes of presenting a corporate viewpoint in regard to the public issues (Steinke 142). The organization also found promotional strategies as being key to reaching the target markets for its products. Among the organizational goals herein were the identification of particular promotional objectives and goals for the purposes of providing information on the services. On the other hand, there was the need to differentiate the services, stabilize sales, increase the sales, as well as accentuating the service value. Among the promotional practices offered by the organization, which I took part in their marketing and promotion were; happy Thursday, expansion of craft beer, adding a second TV in each room, barber cut machine, new song selections, sports programming at bar area, music video at bar area and refreshed food menu. The sales promotion practice included many forms such as personal selling, advertising and public relation for the purposes of increasing the sales via the one-time efforts of selling. In addition, the organization considered the sales promotion practice as an important part in the promotional mix (Steinke 143). I got engaged in Point-of-Purchase Advertising (POP), which involved demonstrations and displays for promoting the services through video advertisements on the shopping charts of supermarkets. Another important practice was the specialty
Wednesday, July 24, 2019
DISCUSSION QUESTION RESPONSE Essay Example | Topics and Well Written Essays - 250 words - 10
DISCUSSION QUESTION RESPONSE - Essay Example It is true that in higher education, high level of professionalism is expected. My personal though is that the quality of higher education determines the level of professional competence. This is because higher education is responsible in developing and nurturing professionalism in all aspects of the society. We have worked in the military together for some time and travelled to other countries. I noted the same concern with you that the standards of education in our country need to be improved so that the country can improve the standards of professional competence. For instance, professionalism in the military largely depends on the quality of learning and training received from learning institutions and training camps. In your conclusion, you pointed a very important concern for the public. Americans really need to understand the strong correlation between professional competence and higher education. This way, they will be able to uphold the standards and integrity of education thereby improving the standards of professional competence in the
Tuesday, July 23, 2019
Philosophy and the law Essay Example | Topics and Well Written Essays - 1250 words
Philosophy and the law - Essay Example Various schools of thoughts have been suggested to dissect and explain the phenomenon of crime and the effect of punishment on the criminal mind. What leads a person to commit a crime, and even reoffend, despite the specter of punishment hanging over his head like the sword of Damocles? In the hypothetical case of Mickey McHeinous, the question of whether a criminal who has committed the most heinous of crimes and as a consequence suffered unbearable guilt as a consequence of his acts should be punished is being presented for consideration. There is no question that Mickey McHeinous should still be punished for his crimes not only to set a cut-and-dried example to others that crime always begets punishment but primarily because society must be protected from the harm that he might still commit. Guilt, and its physical and physiological consequences, is not enough justification to spare him from punishment because it does not ensure that he will not repeat the commission of the same c rime. The oldest and enduring concept of crime is that it is largely retributive. A criminal is sentenced to punishment that corresponds to the weight of his crime. This is to impress upon the criminal that crime does not pay and his evil deeds against any member of society will not go unpunished. Mickey McHeinous might be physically and psychologically suffering from his crimes but this does not justify sparing him from societyââ¬â¢s punishment. Punishment as a retribution is not only a reassertion of the biblical concept of ââ¬Å"an eye for an eye; a tooth for a toothâ⬠but it is also a representation of justice. It is not only Mickey McHeinous that suffers from his crimes, but society as well ââ¬â more so, in fact because they are the victims. Why should the law favor him by sparing him from punishment and turn a deaf ear on the rest lived by the rules and did no harm
Monday, July 22, 2019
Apartheid in South Africa Essay Example for Free
Apartheid in South Africa Essay The Apartheid legislation was a system of governance that made a huge impact in South Africa in the 20th century. It was introduced by the national party after they were elected in the 1948 election. It was a form of segregation that discriminated against the races in South Africa. It was the law in South Africa for 46 years. The Apartheid sparked lots of internal resistance with violent riots and protests taking place by groups of people. Nelson Mandela was a leading force in the opposition on Apartheid and did everything in his powers to destroy it. His voice was heard all over the country when he was the leader of Anti Apartheid movements and when he was in jail. Apartheid Legislation had a detrimental impact on society in South Africa. It was pioneered in 1948 by the newly appointed national party of South Africa when they came to power. The struggle for the end of Apartheid was long lived as it lasted until 1994 when the National party lost the election. Apartheid was the segregation of the South African people into different race groups such coloured, white, Asian and Indian. Residential areas were segregated as well as Education, medi-care, beaches, and other public areas. Although the residential areas and other public facilities were separated, the quality of living for the blacks was substantially less than that of which the whites enjoyed. Sports in South Africa were also majorly affected as South Africa was banned from some international sports such as cricket. Women werenââ¬â¢t left out of the equation as they struggled to gain proper rights and freedoms as most of the men experienced. Black people or natives, over time, were deprived of their citizenships and forced to live in tribes with their own people away from the city. Numerous laws were made that affected the black people immensely and stripped them of their rights and freedoms. Apartheid struck society hugely at the time of its induction and changed the way life was lived. Many factors contributed to the severity of Apartheid, no more so than the new laws that were created shortly after its introduction. These laws were made to discriminate directly against the blacks of South Africa and create white supremacy. As a result of these laws many black people in the community struggled for basic rights and freedoms. The first powerful law to be created was theà Preservation of Separate Amenities Act 1953. This law separated all parts of society from blacks and whites. The separation wasnââ¬â¢t equal and as a result of this the black people got the inferior side of every facility. This was the separation of every aspect of society from beaches and parks to toilets and shops. The main aim was to exclude citizens from Premises, vehicles or services based on their race. The best facilities were reserved for the white people. Education was not spared as another law was made (Bantu Education Act 1951) that restricted black children from receiving the same education as the white children. The government at the time thought that the career opportunities for black kids were limited and they were best to learn skills that would help their families in their tribes. As of that day, the black children received a substantially lower level of education than the white children of South Africa. The government spent six times as much money on white education which only made up about 20% of the country at that time. Nelson Mandela valued Education so highly in his views and once said that ââ¬Å"Education is the most powerful weapon which you can use to change the world. [1] Both of these laws helped to create a large gap in society between the black and white people, one being very much better off than the other. Apartheid in South Africa aimed to strip the black people of all their rights and freedoms. This was achieved by two controversial laws. The Abolition of passes act 1953 and the Bantu Homeland act 1952. The abolition of passes act forced black people to carry identifica tion with them at all times. A pass included a photograph, details of place of origin, employment record, tax payments, and encounters with the police. It was a criminal offence to not be carrying a pass when encountered by a police officer. Africans were frequently harassed for their passes and countless numbers were arrested for it. Local citizens burned them or didnââ¬â¢t carry them as a sign of protest. Mass protests by blacks by not carrying their passes lead to the murder of 69 in the ââ¬ËSharpeville Massacreââ¬â¢. The Bantu Homeland act was the second law that took everything away from the blacks. Through this law, the white government declares that the lands reserved for black Africans are independent nations therefore, not being a part of South Africa. In this way, the government was able to strip millions of blacks of their South African citizenship and force them to become residents of their new homelands. Blacks were then considered foreigners in white-controlled South Africa, and needed passports to enter. Blacks only entered to perform jobs that assisted whites. The law was made to ensure that the White people of South Africa would inhabit most of the main areas of the country leaving the Blacks to live on the outskirts in shocking conditions. A quote by an influential student leader Steve Bantu Biko The blacks are tired of standing at the touchlines to witness a game that they should be playing. They want to do things for themselves and all by themselves. [2] suggests that the blacks were sick of having no place in society and want their own rights and freedoms which was the obvious feeling at the time. This law is a huge violation of human rights and really emphasised the affects of the new government regime at the time. The Anti Apartheid movements were influential movements that fought for the destruction of Apartheid legislation in South Africa. They were a worldwide movement that aimed to abolish South Africaââ¬â¢s government system of Racial Apartheid. The anti Apartheid movement came into action both within and outside South Africa. The ANC was the first movement to be created. A second organization Split from the ANC and called themselves the Pan Africanist Congress (PAC). They used civil disobedience, strikes and protest marches to oppose the apartheid legislation. After the ââ¬ËSharpeville Massacreââ¬â¢, when police opened fire and killed 69 protestors, the direction of the movement changed. The ANC decided to adopt armed resistance against the state. This sparked many protestors to speak out. Both Organisations were banned after this Massacre and it forced them to move into hiding and continue their operations in private. They created an armed military wing ââ¬ËUmkhonto we Sizweââ¬â¢ lead by Nelson Mandela and planned attacks on the state. After their first attack, their leader Mandela was sent to jail for life along with a few other leaders. At the trail to his sentence Mandela he said We are not anti-white, we are against white supremacy â⬠¦ we have condemned racialism no matter by whom it is professed. [3]This quote shows that Mandela wasnââ¬â¢t racist and just wanted quality and proper human rights. Many bouts of protest broke out in South Africa after the massacre and trial, mostly by school students, and groups were made to speak out against the Apartheid legislation. The movement were starting to gain momentum and there voices were being heard further around the world. The Anti Apartheid movements were the cor nerstone to the destruction of Apartheid legislation. The movements are the reason for the popularity loss of Apartheid and the rise of Nelson Mandela as a civil rights activist. The Arrests and killing of influential members of the movement only sparked up a bigger, more aggressive reaction and more people wanted to get involved in the cause. The black conscientious movement was made by black tertiary students in 1971 and represented black pride. This idea of black pride empowered many South Africans to believe that they are a strong people and can fight for their rights. Students in Soweto in 1979 rose up against Apartheid inspired by many around them. While in protest 29 were killed and many injured by police opening fire. This sparked more and more people to rise up against the state. Labour unions played a massive role in the struggle against apartheid. In 1979 as a result of the protesting, black trade unions were legalized which was a massive win. At the same time church groups also spoke out against the evils of Apartheid. All of these people were inspired by the actions of the Anti Apartheid movements that went before them. Thabo Mbeki a South African Politian summed up the views of many South Africans at the time by saying ââ¬Å"South Africa belongs to all who live in it, black or white. [4] This view was felt across the country by the struggling black people. The ANC and PAC affected most of the population of South Africa in some way and help get rid of the Apartheid legislation. They were the cause for the changes that took place in society over the years. Nelson Mandela played arguably the biggest role in the destruction of the Apartheid legislation in South Africa. Working with the ANC he S poke out against Apartheid and the injustice to his people. Mandela worked hard as the leader of the ANC and planned many protests on the state to help push for the abolishment of Apartheid. He was one of the most influential speakers of his time and many oppressed people heard his voice loud and clear. Under apartheid Mandela served nearly 27 years in prison but he never gave up the fight. When Mandela was imprisoned at Robben Island he continued his work and teachings. In South Africa and around the world, Nelson Mandelas anti-apartheid messages gained in popularity. This meant that his voice was heard by more and more people. Many tried to free him when he was in jail. Support for Mandela was so immense that he was able to be equitted of his charges and released in 1990. Before he was released the PM of South Africa at the time said As soon as he renounces violence and undertakes not to start violence in South Africa, government will release him. [5]The quotes suggest that the government did not want any further violence from his demonstrations in the near future otherwise he would be kept in jail and if he showed no signs of violence he would be let out. This shows trust between the two. He was able to become the leader of the ANC once again and was a leading force in South Africa. He was able to negotiate a multi-racial election in 1994 where his party won. He became prime minister and with this he abolished Apartheid legislation. In his Inaugural speech as prime minister he says ââ¬Å"Today we are entering a new era for our country and our people. Today we celebrate not the victory of a party, but a victory for all the people of South Africaâ⬠[6]. This optimism really highlighted his attitude towards life and freedom and is why he was such a loved and influential leader. Without his voice throughout the country and the world, South Africa would have struggled to get out the Government legislation that was Apartheid Apartheid legislation in South Africa was immensely influential on society. It was one of the worst legislations to ever be put down by a government. The black community of South Africa was severely affected by this legislation with most of their rights and freedoms stripped off them. As a result of the laws and other factors, the majority of the native South Africans lived a lift without the freedom and rights that most enjoy today. Nelson Mandela with the help of the Anti Apartheid organisations pushed to stop the legislation in its tracks. He was eventually successful with his peruse of freedom and because of this he is one of the most influential men to have ever lived.
Sunday, July 21, 2019
The immortality of the soul
The immortality of the soul Title: What arguments are there in the Phaedo for and against the immortality of the soul? Introduction A large portion of the Platonic dialogue Phaedo concerns itself with attempting to establish well enough the Socratic teaching of the immortality of the human soul. In all, there seem to be three main types of arguments for immortality offered by Socrates in the Phaedo. The first and third arguments are known by various names. The second main argument offered is generally known to everyone by the same name: the ââ¬Å"recollection argument.â⬠It should be admitted here that it seems more suitable to refer to these, not as strict proofs, but certainly as argumentative support for Socratesââ¬â¢ overall position of immortality. David Gallop seems to concur in his commentary on this passage of the Phaedo dealing with immortality. ââ¬Å"Plato does not offer a set of discrete, self-contained proofs of immortality, but a developing sequence of arguments, objections, and counter-arguments,â⬠(103).[1] Joseph Owens agrees that the Platonic arguments offered do go quite far in ma king their case,[2] though they fall short of establishing a certainty between immortality itself and an attending guarantee of immortality toward every human person. So whereas it is important to note the strength of the arguments, it remains to be seen whether their strength stands up to close scrutiny, especially the scrutiny offered by Socratesââ¬â¢ interlocutors. The First Main Type of Argument for Immortality Before entering into this argument proper, it would be beneficial to indicate what had been admitted prior to the first argument beginning at 69e. It was admitted by all Socratesââ¬â¢ listeners that the philosopher as the one who seeks after true wisdom and truth itself is aware that the body he inhabits works against these higher inclinations of the philosopher. The soul and the body are really distinct from each other. One could say that they are two separate substances, and the soul is clearly superior to the body. The soul seeks the higher things: the forms, truth itself, etc. But, the body interferes with these pursuits and brings down the soul from these great heights.[3] This is the metaphysical anthropology to keep in mind as underlying the arguments. Now onto the first type of argument, which has been categorized in several ways, depending on the commentator. It has been known as the cyclical argument, the opposites argument, or the argument from contraries.[4] We shall refer to it here by the latter option, though noting the cyclical nature presupposed by the argument from contraries.[5] The arguments begin as a result of a direct challenge by Cebes (69e6) that there have been many who have held that the soul perishes on the day of the death of the body. Socratesââ¬â¢ first argument in establishment of immortality begins by noting the received Greek ââ¬Å"mythâ⬠[6] of the cycle of rebirth ââ¬â the transmigration of souls (70c5). He proceeds to argue that in the whole of reality one perceives the ââ¬Å"generationâ⬠of contraries one from another. ââ¬Å"And the weaker is generated from the stronger, and the swifter from the slower,â⬠Socrates notes.[7] From these several examples, he finally gets Cebes to admit that this principle applies equally well to life and death. Death is certainly generated from the living, and Cebes concedes that his only answer to what is generated from the dead is ââ¬Å"the living,â⬠(71d13). This ââ¬Å"contrariesâ⬠argument gains final strength with a type of modus tollens argument.[8] It could be structured in the following way. If the world were not cyclical in its generation of contraries, then all life would have reached the same state of death. All life has not reached the same state of death. Therefore, the world is cyclical (72b-d). This argument is a valid version of the modus tollens, and it anticipates objections like that of Copleston when he asserts that Platoââ¬â¢s first argument is reliant on the ââ¬Å"unproved assumptionâ⬠of an eternally cyclical world. However, the modus tollens above shows that it is much more than an assumption. He argues from the way things are now (i.e., continually generating and decaying and generating again) to the necessity of the cyclical world to account for present reality. Therefore, one would have to find a faulty premise in the argument in order to overturn it. Cebes, however, sees the force of the reasoning and accepts it argument wholeheartedly (72d4-5). The Second Argument for Immortality As noted earlier, this second argument is commonly called the argument from recollection. It supposes that when we know the Forms (or ââ¬Å"Ideasâ⬠) through recognizing particular instances of those Forms, we could only do so if we were either (1) informed of all Ideas at birth (and then lost them immediately after we received them, which is absurd) or (2) merely recollect the Ideas from having known them previously (i.e., prior to our birth).[9] Hence, we all have existed previously. For example, in order to perceive equalities among things, we would have to already possess a notion of ââ¬Å"absolute equality.â⬠Else, we would not be able to recognize equality at all, if we had no prior Ideas with which to compare the instances of things we encounter in reality (74). Simmias and Cebes accept the force of the argument, though Cebes concludes by noting that Simmias raises an interesting point which implies that only half of the argument has been given in this second line o f reasoning. What one concludes from the second argument is merely that the soul existed and was vested with the Forms prior to its arrival on Earth (77c1-5). This does not, however, establish life after death ââ¬â merely prior to death. However, Socratesââ¬â¢ retort is that the second argument is meant to be understood ââ¬Å"in conjunction with the preceding argument,â⬠(Copleston, 213). This satisfies both Simmias and Cebes, as they are moved along to the third argument given by Socrates, having to do with the very nature of the soul. The Nature of the Soul and Its Implications: Argument Three This is perhaps the most pointed of the arguments and crucial to be established in order to make the belief in immortality more firm. There are two aspects of this third argument, both of which deserve explication. The reason, it seems, why some philosophers prefer to call this the ââ¬Å"affinityâ⬠(Gallop) or ââ¬Å"likenessâ⬠(Stern) argument is that Socrates argues that the soul is able to peruse the invisible realm of the Forms, even though the body merely has contact with the sensible, physical world. In this way, the soul can be shown to have a propensity toward the realm of the Forms. It could be said to have a ââ¬Å"heavenlyâ⬠aspect to it, as it were. Since the forms are very clearly not subject to any change or decay, and the soul is readily in contact with them, it must be the case that this shows an immortal aspect of the soul (79). This aspect of the argument does have some force. Perhaps though the most pointed argument offered by Socrates is founded in the simplicity of the soul. Unlike any body, the soul, being immaterial, is not composed of parts. Every body though is composed of many and various parts. The soul, lacking any parts, therefore must be simple in its constitution (78b-80). Moreover, anything that is simple in its makeup is not subject to degeneration. Mortimer Adler explains, Degeneration is decomposition. The soul would be mortal, too, if it were materially constituted and decomposable. The crux of the various arguments that Socrates advances for its immortality, therefore, lies in two assertions he makes about it. It is immaterial; and it is simple, not composite. It must, therefore, continue to exist after the body perishes.[10] Richard Swinburne, in an article on ââ¬Å"immortalityâ⬠in the Oxford Companion to Philosophy reasons that since Plato argues that the destruction of anything consists (at least) in the disassembling of its various parts, yet the soul has no parts and is not spatial, it follows that ââ¬Å"the soul can not be destroyed.â⬠[11] Simmiasââ¬â¢ Objection At the end of all of this there still remain objections in the Phaedo. Simmias offers one, which has been called the epiphenomenal objection (85e3-86d). According to Simmias, the soul could be seen as merely the harmony of the body, and when the body dies, that which gave it harmony dies alongside it. The Socratic reply is that the soul is the master of the body (i.e., it can control emotions and subdue desires), and it is not reasonable to think that that which merely is the harmonizing principle of a thing could simultaneously be the very ruler of it as well.[12] Concluding Thoughts There are many arguments offered by Socrates and, in the end, more or less conceded by all the participants in favor of viewing the soul as immortal. It seems that the strongest arguments unfold as the dialogue itself unfolds. The argument from the simplicity of the soul, while deserving some further explication and clarification (which subsequent philosophers do ââ¬â cf. Aristotle and Thomas Aquinas), does ultimately stand up to the objections of his interlocutors. Whether they are altogether successful as a conglomerate or whether each one might stand on its own as sufficient of proving immortality is difficult to discern. Continued revisiting of these Platonic thoughts, however, seem certainly to be appropriate, as we have witnessed at times throughout this brief the various weaknesses of contemporary commentators on Plato. Works Consulted Adler, Mortimer J. The Angels and Us. New York: Macmillan, 1982. Copleston, Frederick. A History of Philosophy: Volume 1: Greece and Rome. New York: Image Books, 1993. Honderich, Ted, ed. The Oxford Companion to Philosophy. Oxford: Oxford University Press, 1995. Owens, Joseph. A History of Ancient Western Philosophy. New York: Appleton-Century- Crofts, 1959. Plato. Phaedo. Translated with Notes by David Gallop. Oxford: Clarendon Press, 1988. Stern, Paul. Socratic Rationalism and Political Philosophy: An Interpretation of Platoââ¬â¢s Phaedo. Albany, NY: State University of New York Press, 1993. 1 Footnotes [1] Gallop goes on to note that these arguments of the Phaedo are to be contrasted ââ¬Å"sharply with the solitary, and quite different, proofs of immortality in the Republic (608c-611a) and Phaedrus (245c-246a),â⬠Phaedo, translated with notes by David Gallop (Oxford: Clarendon Press, 1988), 103. [2] ââ¬Å"The Platonic arguments have shown that the nature of the intellectual soul demands immortality,â⬠A History of Ancient Western Philosophy (New York: Appleton-Century-Crofts, 1959), 234. [3] See especially Socratesââ¬â¢ pointed comments at Phaedo 66b-e. [4] Joseph Owens and Paul Stern refer to it as the ââ¬Å"oppositesâ⬠argument. David Gallop employs the category of ââ¬Å"cyclicalâ⬠and Frederick Copleston seems to prefer seeing it as an argument from ââ¬Å"contraries.â⬠[5] ââ¬Å"Contrariesâ⬠as opposed to ââ¬Å"oppositesâ⬠is preferred because, as shall be seen, the argument is not reliant solely on what are true opposites. There are many times when Socrates transitions to talking about gradations in types of being, rather than true opposites. Gradations can be included under the head of contraries. [6] Mortimer Adler refers to this as a myth rather than a religious or even philosophical doctrine that Plato inherits. Angels and Us (New York: Macmillan, 1982), 161. [7] Phaedo, 71, 3-4. All quotations from the Phaedo are from the older translation by Benjamin Jowett (rather than from that of David Gallop), unless otherwise noted. The Jowett translations of Plato have appeared in numerous editions and are therefore readily available. [8] Which, if the reader needs reminding, has the following construction: If P, then Q. Not Q; therefore not P. Or, Pââ âQ; ~Q; à ¢-à ¡ ~P. [9] This argument is worked out in much detail in another dialogue ââ¬â the Meno. In that dialogue, Plato attempts to establish this, we may call it along with Copleston, a priori type of knowledge in all men by questioning a boy, who has never been instructed in mathematics, in basic principles of a mathematical proof. Through this questioning he is able to draw out of the boy an abstraction for a mathematical proof ââ¬â a proof with which, prior to this questioning, the boy was altogether unfamiliar. [10] Angels and Us, 157. [11] Ted Honderich, ed., The Oxford Companion to Philosophy (Oxford: Oxford University Press, 1995), 396. However, immediately following this Swinburne proceeds to give the following objection, which he takes to be successful. He states that since an atom (which is physical) can be reduced to energy (which is also, in some sense, physical) and thus destroyed, it must not have to be the case that a thing must have its parts separated before it is destroyed. But, of course, the argument of Plato is untouched by such an objection. An atom is both physical and composed (of at least protons, neutrons and electrons). Hence, it bears no analogy to the soul which is neither physical nor composed of anything. [12] Frederick Copleston makes this point masterfully in his History of Philosophy, 207.
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