Thursday, October 31, 2019

European Union Law Bachelor Essay Example | Topics and Well Written Essays - 2000 words

European Union Law Bachelor - Essay Example Everyday, we checked on our television to know the latest news about our community, about stocks and investments, about movies and of what's happening all over the world. Since the first television broadcast in England in 1936, using a modern level of definition of more than 240 lines, new developments had been made including CableCARD , Digital television (DTV), Digital Video Recorders, Direct Broadcast Satellite TV (DBS), DVD, High Definition TV (HDTV) and many others. Through television, a lot of telecommunication companies has been put up which provides work for millions of people. It is where product commercials are aired. It is also where public concerns and responsibilities were discussed. While each and every national government has set up its own rules with regards to telecommunication, the European Union has also set its guidelines and policies to maintain and level the playing fields of the telecommunication competition. In this era where digital technologies were making its way to communication highways and prospectively play a much bigger role in the future, the European Union has identified the needs of introducing digital technologies harmoniously into the market. ... on Law in the light of the European courts of Luxenbourg considering the aims of competition law in the EU, and the history of European competition law. In this paper, the main elements of the European Union with regards to digital Television (DTV) and High Definition Television (HDTV) will be critically assessed. There are 6 different areas of audiovisual activities which are covered by the commission. According to the Principles and guidelines for the Community's audiovisual policy in the digital age (2005), On the basis of these principles, the Commission intends to take action in the following fields: cultural and linguistic diversity; the new "Media plus" programme, considered to be of crucial importance for the future of the European audiovisual industry. In all areas of action (training, development, distribution, promotion) this new programme will take account of the new digital environment. Research and development. The Fifth Framework Programme for Research and Development provides for a number of action lines of interest to the audiovisual sector. The external dimension of Community audiovisual policy will necessarily hinge around two central elements: the enlargement of the European Union and the new round of multilateral trade negotiations in the framework of the World Trade Organisation. The "Television without Frontiers "Directive This Directive which was adopted in 1989 and revised in 1997, based from Television broadcasting activities: "Television without Frontiers" (TVWF) Directive (2006) is the cornerstone of the European Union's audiovisual policy. Its two basic principles were: the free movement of European television programmes within the internal market; and the requirement that television channels, where practicable, reserve over half

Tuesday, October 29, 2019

Reflective Journal Coursework Example | Topics and Well Written Essays - 250 words

Reflective Journal - Coursework Example Accomplishment of leadership roles requires leaders to be equipped with the necessary skills for that purpose. Certo S. and Certo T. (2012) posit that a leader should have ability to delegate duties to the right persons to ensure work continues even when they are away. Secondly, effective communication skills enable leaders to describe clearly and succinctly the roles, requirements and procedures to their subjects (Salagean, Ilieş, Gherman & Pampa, 2013). Thirdly, a leader should be confident in order to assure organisational stakeholders that setbacks are natural and the necessary objective is to focus on the larger goal for organisational prosperity. I believe accomplishing my goals with the help from a network of other people would be beneficial than struggling in my own. According to Latham (2014), people can identify other people’s strengths and weaknesses faster than they can identify their own. Using a network also encourages shared goals and outcomes in addition to beneficial contributions made by people with experience in leadership environments. I believe I am not perfect; therefore, I need other people to help me develop my leadership

Sunday, October 27, 2019

Impact Of Quantitative Easing On The Uk Economy Economics Essay

Impact Of Quantitative Easing On The Uk Economy Economics Essay This research proposal focuses on the concept and practice of Quantitative easing in context of UKs economy. The literature consists of elaboration of the need of using Quantitative easing to save Britain economy from recent global economic crises. It further explains the impact as well and covers all major areas which can have its effect. Economic downturn leads to apply the Quantitative easing which can be done through asset purchasing, lowering the interest rate and most importantly injecting cash directly into the economy. Recently world has suffered global economic recession which forced almost every country to take appropriate measures such as supplying more money into the economy. The recession badly effected UKs economy among all. Monetary Policy Committee adopted Quantitative easing measures under the authority of Bank of England in order to stabilize the economy and save UKs economy from the economic crisis. It is the role of Bank of England to maintain the stability of UK financial system and its economy. In the recent economic recession the new banking act has increased the powers of Bank of England which have authority to bank financial services and the market to actually deal with this stress situation. Monetary Policy Committee decreases the bank rate to 0.5%. In January 2008 the bank rate was 5.50% which continue to fluctuate and finally in 2009 it started with 1.50% and ended up as a reduction to 0.5%. (Source: www.bankofengland.co.uk). They are also focusing to have a low and stable inflation in order to do that a target has been set to keep inflation at 2% by the UK Government. Lowering the bank rate will take time to keep inflation in control. So there is a need to look ahead and decide an appropriate monetary policy. This leads Bank of England to decide purchasing of assets such as Government and corporate bonds so that the money supply will increase or they will purchase assets from private sector such as insurance companies or non-financial companies by crediting their account. Money can be in two forms either cash or bank deposits so in other words the focus in this policy will be to increase reserves of banks and the spending which ultimately lead to more flow of money in wider economy. According to Monetary Policy Committee the asset purchase will decrease the issues about liquidity and it will give companies sort of confidence so that they can borrow directly from the capital market. The Committee also defined a measured criteria related to supply of money so that it cannot increase beyond a certain limit and if the inflation target set by the Government will rise then monetary policy will use strict measures such as increasing bank rate or selling back the assets purchased to the market. (Source: Monetary Policy: www.bankofengland.co.uk) Rational of the Research topic: The research on this proposed topic is selected because of my own personal interest in the financial and economic systems especially of UK. The recent recession has affected everyone directly or indirectly the people suffered because of unemployment and low incomes. This actually directed my interest to know about the crises and the measures taken by authorities. It also provoked me to explore and gain comprehensive understanding about Quantitative easing. My previous research proposal during study was related to economic system of Pakistan and the role of State Bank of Pakistan this also initiate my interest in topic . After coming to UK the crises of economy was selling like hot cakes so it forced me to read articles and journals about the crises. This actually gave me an insight about the measures taken by Bank of England. Research Questions: Most importantly this research proposes the examination of a basic question: how successful Quantitative easing is in the stability of UK economy? Apart from this question it actually raises other questions as well such as: How the decrease in bank rate will reduce inflation in UK? What will be the criteria to control supply of money if it increases more than desired target? How will we know if the asset purchases are working? Will the performance of the banks increase? Will it be easy for companies to borrow direct from the market? Research Objectives: The basic objective of this research is to critically evaluate the Quantitative easing and its impact on UK economy. By analyzing of this process the research will intend to gain broad knowledge and insight about different monetary policies implied by Bank of England. How Quantitative easing increase the spending for companies and the flow of money which ultimately leads to a stable economy. Literature Review: The literature provided here is not conclusive because there is more to observe and discover in order to collect and review the literature. The nature of the topic is contemporary and current therefore more literature can be achieved by the passage of time. Norma Cohen (2009) stated that although Monetary Policy Committee has confidence in their Quantitative easing strategy to boost nominal demand but total lending to businesses further decreases. The consumer credit continued to shrink and uncollectable consumer loans increased. The Bank of England reported that the growth of money is on its slowest rate since December 2004. The borrowing also showing seasonal decline the size of this decline is more than expected. So Monetary Policy Committee should put more focus on measuring and increasing growth of money. (Source: www.bankofengland.co.uk) Daniel Pimlott (2009) expressed a view in his article in Financial Times that household disposable income has increased 1.2% in end of December and it has pushed saving ratio to 8.6%. He provides the reason in this rise that Bank of England decided to avoid rise in value added tax which ultimately enable people to save more without affecting the power of spending. He presented a view that such quick rise in saving suggests that UK economy may be closer to stabilize. There are clear signs that economy is improving in Britain due the measures of quantitative easing. The labor market is performing well comparing to the previous quarter and industrial production is rising considering the growth in both manufacturing and services industry because the Bank of England Policy of creating flow of spending and increasing the banks borrowing. (The Economist, November 12th, 2009) Mervyn King (2009) the Governor of Bank of England said in a press conference in November while presenting quarterly inflation report that UK economy facing delays in balance sheet adjustment. In order to rebalance UK economy needs to get away from private and public sector towards exports. The reduction in exchange rates is helping to smooth this process and the substantial reduction in fiscal deficit is quite clear. The Quantitative easing strategy of purchasing assets is proved handy but it is much smaller. Andrew Oxlade (2009) a well-known financial analyst wrote an article Recession Watch. He analyzed the impact of quantitative easing on UK economy and said that although the policy of Spending and Borrowing by the committee is core to get out of the recession but the investment fell and unemployment increases. Inflation is getting a bit high due the increase in oil price. Dr. Ros Altmann (2009) suggested that buying the gilts is not a proper way to ease the recession. Bank of England should emphasis on buying corporate bonds. So operating quantitative easing through buying gilts is not working efficiently. She further presented a view that buying gilts will increase the leak of money into overseas bond markets. But if they put more emphasize on buying corporate bonds then they can get money directly to the companies. Edward Hadas (2009) in his article on Telegraph analyzed that although the loan losses are increased but the aid provided by the Bank of England is massive which include minimal interest rate and sufficient supply of money. This is actually helping the economy to get a way out of recession. The liquidity push has given confidence to the investors in the form of cash to put in the market. Although the GDP was falling but now it has fallen less in few recent months. Economy is declining in a moderate way that suggests that the growth is coming back slowly. This is all due to the measures taken by the authorities such as Bank of England. Richard Taylor (2009) argued that there has been a major increase in business accounts in the banks. The new businesses are being started very quickly and it has exceeded the figures in last year. Richard Blackden (2009) analyzed the Delloitte Warns review and said that figures shows that the economy shrinks than the previous quarter and fears that the economy could go back to the recession. Methodology: The analysis of Quantitative easing and its impact on UK economy is based on further research only through this we can analyze the impact and its nature. There is a need to look through the process in order to evaluate the affect. Thats why the nature of this research proposed exploratory rather explanatory. The theory actually examines the continuity of the process and measures the trends in the market and the economic system of UK. There is also important to adopt qualitative research approach in order to include some focus groups like general population and banks to know the progress and relief. Observation method can be done in order to know the content and statistics about the topic. In order to know the effects of quantitative easing in the economy causal research is also handy so that the effects of different policies implied by Bank of England can be analyzed. A combination of in-depth interviews by financial experts and analysts and method of observation can also be used in order to address the research proposal. Interviews of experts can have structured interview based on specific questions and should include predetermined questions. There is a need to have a clear idea about the topic and should analyze facts and figures published by different financial institutions of UK. Data Collection Methods: While collecting the data through observation method the researcher needs to address the right source for that. The researcher will need to consider and monitor the continuity of the process of quantitative easing and could gather data by different articles and newspapers. The researcher also has to look through the facts and figures on different short periods of times. This can be done by obtaining data from bank of England quarterly report which includes all the figures related to topic. The focus should be on banks performance and overall economy considering the unemployment and inflation and household income. In order to know that quantitative easing is really working there is a need to consider previous quarterly reports as well and then do a comparison. This will help to simply and precise the data collection and the data collected by this will be valid as well. Moreover in-depth interviews can be done through telephones or meeting directly to financial experts to gather their opinions. Telephones interviews should be recorded on tape and while conducting direct interviews the important points should be noted down on paper. In such data collection method, interviewee is given the opportunity to talk freely about the topic. The interviews duration should not be more than half an hour for utilizing time a set of questions should be prepared prior to the interviews. Analysis of Data: The research consists of in-depth interviews as well as considering the observations and obtaining the facts and figure in the analysis. That is why the research purposes both quantitative and qualitative methods of data analysis. Obtaining the facts and figures through observation will require managing the data and then statistical analysis. This can be done through using the Microsoft Excel spread sheet which can show graphical presentation of the data as well. In-depth interviews of experts will include qualitative approach based on the theory purposed by Miles and Huberman (1994) consists of components, procedures and outcomes. Components will include gathering data then its reduction and verification procedures include the coding, categorization, comparison and interpretation and outcomes gives explanation and description of the results. Resource Requirement: The most of the literature review will be obtained from newspaper articles and television news and press conferences. The fieldwork will include extensive use of internet facilities and also telephone. The interviews will include telephonic and direct meeting depending on interviewee convenience and preference. The topic of research is actually contemporary issue thats why newspaper reading is essential on regular basis. As there is need to conduct the interviews of financial experts so the researcher need to organize visit to some large banks such as Lloyds and Barclays. The visit can be to the head offices of these banks or to the main branches where the researcher can interview any senior correspondent of the bank. There is a need to get appointment prior to the visit. Gantt chart: (Week Commencing 18 January, 2010) Activity Jan-10 Feb-10 Mar-10 Apr-10 May-10 w/k commencing 18 25 1 8 15 22 8 15 22 29 5 12 19 26 3 10 17 24 Read literature ÃÆ'- ÃÆ'- Objective ÃÆ'- ÃÆ'- Proposal ÃÆ'- ÃÆ'- Strategy Method ÃÆ'- ÃÆ'- Collection of Articles ÃÆ'- ÃÆ'- ÃÆ'- ÃÆ'- ÃÆ'- ÃÆ'- ÃÆ'- Develop Questions for interview ÃÆ'- Taking appointment ÃÆ'- Interview to Lloyds, Barclays financial Analysts ÃÆ'- Comparison ÃÆ'- Gather data ÃÆ'- Analyze data ÃÆ'- Update literature ÃÆ'- ÃÆ'- Finalize data ÃÆ'- Draft to supervisor ÃÆ'- Revise draft ÃÆ'- Print Bind ÃÆ'- Submission ÃÆ'-

Friday, October 25, 2019

Essay --

In my group, I was assigned the task to include all other relevant issues so I considered other intermediaries to help with the payment and goods transaction as well as security for the e-Business. Intermediaries to use to support your ebusiness As our business is a virtual organization (pure-play), we would require intermediaries to perform the payment and goods transaction as we are not interacting physically with our customers. Payment system Paypal Under Paypal, payments are made using a user’s existing account or with a credit card anytime, anywhere. Besides that, money can be sent directly to an email address of another PayPal user. Cost Open an Account Free Send money Free Withdraw Funds Free for $200.00 SGD or more, $1.00 SGD if up to $199.99 SGD to bank accounts in Singapore Add funds Free Receive Funds 2.9% + $0.50 SGD to 3.9% + $0.50 SGD Multiple currency transactions Exchange rate includes a 2.5% fee** Reasons for using Paypal for payment It allows faster transaction for sending and receiving payments. Electronic Catalogue WIX and social medias As we would not have staff in a physical shop to entertain customer’s enquiries, we would be making use of sites such WIX and social medias such as Facebook and Twitter to help provide customers with information about the business as well as the product. Reasons for using WIX and social medias The websites are free of charge. Shopping cart software In order to help customers keep track of their items, shopping cart software is also included in the WIX website. Reasons for using WIX shopping cart This eliminates the need to purchase an external shopping cart software. Delivery of purchase Our e-Business would require an intermediary to deliver the items purchased by custo... ...uyer claims that they did not receive their goods, Paypal would cover for the full amount as long as business follow the postage requirement and show evidence that the item was sent to the buyer’s address. Reasons for choosing the security methods In terms of protecting the e-Business database, firewall is an easy and less complex method as compared to other security methods such as VPN and KPI which requires key encryption. It is also easier to obtain simply through purchase and customize through filters unlike VPN which has complicated set ups and KPI which requires a KPI security service to implement the structure. As for protection against fraud, Paypal’s security system would be suitable as we are using Paypal for handling payment transaction. Hence, it would be easier to claim from Paypal should there be any fraud as they would have records of our transaction.

Thursday, October 24, 2019

How Have Western Views of Knowledge Changed over Time Essay

Throughout history, cultures have held disparate views on the nature of knowledge. Epistemology, the branch of philosophy that focuses on basic questions such as: â€Å"What is knowledge? How do we know what we know? †, lies at the heart of these views. In Western culture, the answers to these basic questions have changed markedly over time. Throughout history, this evolution in philosophy has been inextricably linked to science and religion. Much of Western thought has been heavily influenced by the philosophy of the Ancient Greeks. In particular, the epistemological views of the Ancient Greeks dominated Western thought for centuries. Of all the Greek philosophers, Plato was one of the most influential. In his most famous work The Republic, Plato used the Allegory of the Cave to describe the role of sensory perception in knowledge acquisition. In his analogy, Plato described a cave in which people were chained down in such a way that prevented them from looking anywhere but forward. Behind them was a fire and in front of them was a wall that reflected shadows from that fire. The prisoner’s captors manipulated these shadows to create forms and stories. The forms and stories that the prisoners saw were the only reality that they knew. Eventually the prisoners left the cave and found true reality outside. It was only then that the prisoners understood that what they had perceived until this moment was a false perception. The Allegory of the Cave served to illustrate Plato’s epistemological views. Today, we describe Plato’s philosophical views as rationalist. He argued against reliance on sensory experience because he believed that it failed to provide us with any guarantee that what we experience was, in fact, true. He believed that the information we get by relying on sensory experience is constantly changing and often unreliable. It can be evaluated only by appealing to higher principles that do not change. In the Allegory of the Cave, Plato was comparing our sensory perception to the shadows on the wall of the cave. Plato saw us as the chained prisoners unable to know anything but this false reality. Only by leaving the cave and ascending to higher orders of thought are we able to know true reality. Implicit in this view was the belief that true knowledge cannot be found through empirical investigation. According to Plato, empirical knowledge was merely opinion. Only thought and abstract reasoning could produce true knowledge. The rationalist view of epistemology dominated much of Western thought for centuries. Eventually, progress in science during the Renaissance changed this. One of the first to change these dominant views was Andreas Vesalius. In 1543, Vesalius published De Humanis Corporis Fabrica (On the Workings of the Human Body), an elaborately illustrated atlas of human anatomy. While Vesalius’ published work had significant historical importance in the field of medicine, his most enduring legacy was his revolutionary challenge of the medical conventions of his day. For centuries, physicians had relied on reading texts from Galen for medical knowledge rather than participating in the direct dissection of human corpses. Vesalius promoted the practice of dissection and hands on experience. By overthrowing the Galenic tradition and relying on his own observations, Vesalius was advocating an empirical understanding of the human body. This shift from rationalism to empiricism became one of the defining characteristics of the Scientific Revolution. In direct contrast to rationalism, empiricism emphasized the acquisition of knowledge through direct observation and experiment. Empiricism not only encouraged but required reliance on our senses. This was in direct opposition to Plato’s epistemological view that had dominated for a millennium. This shift from Plato’s rationalism to scientific empiricism had significant ramifications for philosophy. While before this time there had always been collaboration between science and philosophy and religion, there had been no real distinction between them. Now, empirical knowledge served as a way of testing philosophical knowledge. This would ultimately lead to their incompatibility and their eventual separation. This separation is largely attributed to Galileo, one of the major figures during the Scientific Revolution. Even in his time, Galileo was a renown scientist and a philosopher. While he relied heavily on empirical methods in his studies of physics and astronomy, he also depended on rational thinking in his use of mathematics. It was through his combined use of empirical observations and rational thought that he confirmed the Copernican view that the sun was the center of the universe. However, the Copernican heliocentric worldview conflicted with the dominant geocentric view espoused by philosophers from the time of Aristotle. Making matters even more complicated was the fact that philosophers couched this dispute as a religious matter arguing that a heliocentric worldview went against the teachings of the Bible. As the geocentric view had been adopted by the church, the heliocentric worldview was branded as heresy. Galileo, certain of the physical truth of his heliocentric paradigm and at the same time devout in his religious beliefs, worked to reconcile this conflict by divorcing the church from â€Å"purely physical matters, where faith is not involved. By working to separate science, philosophy, and religion, Galileo was attempting to reestablish the compatibility of science and religion. Despite Galileo’s attempts, the conflict between scientific and religious worldviews is still evident today. The epistemological tradition of today has created a dominant worldview based on evidence. As during the time of Galileo, this worldview has at times conflicted with widely held religious beliefs. This divide, empiricism vs. faith, has become an increasingly prominent conflict in American politics. A recent announcement by GOP presidential candidate, Rick Perry highlights this divide. Rick Perry recently publicly declared his disbelief in the theory of evolution in favor of intelligent design. The theory of evolution is an explanation of the origin of life widely supported across numerous scientific disciplines. Though science and empiricism overwhelming supports the theory of evolution, it does not largely accepted by the populace. The controversial nature of evolution has emerged because, once again, a â€Å"purely physical matter† has been politicized as a religious matter. Rick Perry’s views on evolution illustrate a larger phenomenon in U. S. politics. That is, views regarding the evolution/intelligent design conflict tend to be politically divided. Intelligent design or faith based arguments are generally forwarded by conservative Republicans such as Rick Perry. Evidence based empirical arguments, such as evolution, are championed by liberal Democrats. Science has become political as conservatives are aligned with religion.

Wednesday, October 23, 2019

Reform Movements in 1850’s America

During the early-mid 19th century, many reform movements took place throughout the world, specifically in the United States. The main types of reform movements that took place were social, institutional, religious and abolitionist reforms. Many systems went through reformations, most of them putting emphasis on the idea of democracy. Social reforms such as a push for utopian societies tried to push values and morals on the dysfunctional American society, looking to make it a more democratic one.Abolitionist movements such as the movement for woman's rights and the abolishment of slavery all reinforced the American idea of equal treatment, just like institutional reforms in the public education and prison systems. Religious reforms also spawned the Second Great Awakening, which revived democratic ideals by setting better moral standards for society. One of the largest reform movements that had the greatest effect on the United States was what took place within and around the instituti on of slavery.The country became split 50/50 over the very delicate issue of the abolishment of slavery which, if abolished, would affect the economy and social structure of the United States with a colossal magnitude. The majority of the ones who favored the abolishment of slavery believed so because they supported democracy; which in essence secured equal treatment, basic rights and opportunity for its citizens .Abolitionists such as Sojourner Truth, a freed black woman who gained her freedom in 1829, spread her ideas about ridding the country of slavery and promoting women's suffrage through literature and public speeches. Advocates such as this woman spread their ideas, promoting democracy which helped to gradually change the American mindset towards a more equal society. Similar to this was the