Facts about crude oil - Free Essay Example

Sample details Pages: 6 Words: 1794 Downloads: 7 Date added: 2017/06/26 Category Economics Essay Type Analytical essay Level High school Topics: Inflation Essay Investment Essay Did you like this example? Crude oil is the term used for unprocessed oil and it is also known as petroleum. Crude oil is a fossil fuel that is naturally derived from decaying plants and animals. The various elements or compounds with which crude oil is made are carbon, hydrogen, sulfur, nitrogen, oxygen, etc. Don’t waste time! Our writers will create an original "Facts about crude oil" essay for you Create order Crude oil differs in color from plain to tar black and this is because of its constituency. Hydrocarbon is the main element that contains a lot of energy and that is the reason why crude oil is used in producing many forms of energy like gasoline, diesel and others. Hydrocarbon is considered as excellent element because it is used in many forms. Like if we chemically treat the hydrocarbon in different ways many things can be made out of this like synthetic rubber, nylon, etc. It is believed that due to its high energy density, plenty availability etc, crude oil has become the worlds most impressive source of energy. It is estimated that the present utilization of crude oil is about 90 million barrels per day. Studies reveal that proportion of oil is plummeting as petroleum recovery is getting intrinsic. Because of these increased in consumption level, the reserves would be gone and may lead to global energy crisis. Not only this, crude oil releases carbon dioxide when they a re burnt and which has bad impact on the environment and which led to global warming. TRENDS IN CRUDE OIL Nowadays crude oil has been capturing many news headlines worldwide whether high or low. Crude has been throwing its sense of importance to the consumers globally for the past years. In the past many economies had failed to face crude oil price shocks of 1974 and 1979. Most economies both developed and developing had knowledge and are prepared to face these shocks. Between 2001 and 2004, crude oil was in the range of $US 20 and $US 40 a barrel and it rises to $US 70 a barrel in 2006. The crux was basically the reason of rise in prices of oil which was the mismatch between the demand and supply of refinery products. It was recommended to increase the output if the prices continues with this range and they did the same in 2006 and due to this the crude oil prices have touched the years low and had come down to 30% of its high. HOW TO DETERMINE GOLD PRICE MOVEMENTS? Gold is odd as commodity in that operates a little differently than the other commodities because of its lower demand for industrial products. As opposite to other metals like silver and copper, golds demand is not the primary factor in its price movements with Indian weddings being one of the areas where gold is demanded. There are of course other things like regular jewelry and some industrial uses but those uses are not related to the use of other uses like industrial purposes. One must look to certain point to find out or analyse where the price of gold will move and one area could be inflation. Another element that must be watched is government interference where it can have direct impact on gold price movements. When thinking of gold as a wealth building tool, its more difficult to make happen than other precious metals, although those committing themselves to know the gold market and gold companies making money. But as have seen its primary purpose is safety and inf lation hedge. And the major factor which may also be seen is that to watch how much money Federal Reserve or whoever it is that prints money in your country is printing. At last to say that by definition, inflation in printing money and the effects of undervaluing of currency and the resultant inflation is what gold investors need to watch more than anything else. CORRELATION BETWEEN GOLD AND OIL The only way which rises scope for gold is the price of oil rising to standard levels Its partner i.e. oil is linked to gold whether it is in bad situation or good situation and they are trading within a well defined range and are related to each other. This happens as the price of oil rises, the price of gold follows the same route. The recent trend on the both of the commodities gives a clue for the future direction of the prices of gold which is regarded as a safe investment in uncertain times. Although the relation of gold and oil is interrupted and is done occasionally. Focusing back that is thousands years ago, gold which is the most precious metal among other metals has a long history as a store value of time. As the techniques to refine crude oil was first developed in the year 1850, oil has become one of the important commodities since then. It has been seen that as oil is more expensive among other energy commodities, it pushes up the price for the energy and thereo n money flows to the safety of gold as a hedge against inflation. The closer correlation between the rising price of gold and oil provides the answer to the future direction of the gold price. Inflation is the single biggest threat rising in the shadows of global economy replacing the credit requirement or credit crunch as the most serious threat to economic stability. The economies of India and China are still growing fast but not as fast as they were earlier. Rising inflation has cut consumer demand for gold in India by half as consumers wait for the price to fall to more affordable levels. This was a part of trend that has seen consumer demand for gold fall globally. So the question arises : with plenty of gold and oil already in the system why are price rising if real demand is falling? Speculative demand for oil and gold goes some way to explain the years increase in prices. But this is not the only factor, the other factors could be the political and economic factors tha t threatened the world into global crisis. Earlier there was the threat to supply. Attention has been focused on events with investors seizing opportunities when the supply of oil and gold is threatened. Another factor is the increasing tension developing in US. More expensive energy will act to slow growth worldwide as inflation rises and government tighten fiscal policies in the hope of controlling inflationary pressures. There is expectation to see gold and oil continue to break records this year with nightmare scenario of $200 a barrel looking ahead more likely to increase. If this happens, gold as a hedge against ensuing inflation will also be pulled upwards to record highs. The long term average old to oil ratio is 15 barrels of oil to one ounce of gold. An ounce of gold at current price will buy the customers around 7 barrels of oil. With oil moving relentlessly towards $140 a barrel, makes a powerful case for investing in gold right now. It has been seen since that gold and oil have a positive correlation. When oil prices rise, there is upward pressure on inflation. This enhances the use of gold as an inflation hedge. IMPACT OF OIL GOLD PRICES ON STOCK MARKET Impact of oil gold prices on the stock market is inversely proportional. A shoot in the prices leads to fall in the stock market. And a decrease in oil gold price on an average leads to higher stock market return. So the effect of both the prices are predictable in the stock market. The effect is profound when it increases 50% to 100% annually. The reasons being: Any movement in the prices results in uncertainty in the stock market. Higher the oil and gold, higher the transportation for oil and higher the maintenance for gold. For eg. A decrease in the prices by 10% in US will result in the expected return to double up on the stock market in the following month. Though the stock market moves in the opposite direction with respect to oil and gold prices, it is basically a one way traffic. The stock market returns has no impact on the crude oil and gold prices. The entire stock market does not get equally or at the same time affected by the fluctuation in oil prices. The US industrial sectors get most affected with the rise in oil prices. It has been advisable to hold on to energy stocks shift focus from the mass market to general retailers. This is the reason why mass market retailers ought to be avoided with respect to stock investments. IMPACT ON COMMODITIES MARKET There are certain inputs which impacts the economy of the world as a whole like the price of oil. The certain elements that make up the basis for analyzing the global economy. The cost rises for transportation companies if the oil prices increases and thereby reducing their profit margins and inturn forcing them to increase their prices, similarly affecting all other companies that rely on them to transport products and people. By contrast, most energy companies benefit from higher oil prices because of increased demand for substitute energy sources like ethanol etc. The time period of my analysis part was bad time for most energy companies. Hence it has been proved that the oil prices are positively related to commodities market. LIMITATIONS OF THE STUDY The analysis was on monthly basis. And there were lot of fluctuations in the prices of the commodities. Because of that it was difficult to come to a particular situation. Secondly, the paper would have been more attractive if we were allowed to use the chart and diagrams for analysis part. CONCLUSION The term paper discusses the correlation between the oil prices and gold prices and that has been done on monthly basis and their impact on both commodities and stock market. The study reveals about the trends in crude oil prices from the past few years. It also shows about the correlation and it has been observed that the oil prices and gold prices are positively correlated overall but if we see on monthly basis then it has been seen that sometimes it is positively related and sometimes negatively correlated but mostly positive. Not only this, the paper also reveals their impact on commodities market and it has been analyzed that the prices of crude oil is positively related to commodities market but negatively to stock market. It has been observed that the change in the price of oil and gold has no impact on the stock returns. Thus it is advisable for the consumers to invest in the commodities by analyzing the entire market and calculating the returns thereof. BIBLIOGRAPHY https://ezinearticles.com/?Impact-of-oil-prices-on-the-stock-marketid=1418330 https://www.wtrg.com/prices.htm https://futures.tradingcharts.com/hist CO.html https://tfc-charts.w2d.com/chart/CO

The Problem Of Drug Abuse - 3586 Words

Abstract When it comes to teenage drug abuse, marijuana, cocaine, LSD and other illegal drugs might come to mind. In fact four out of five people, when asked what they believed was the most abused drug among teens, answered: alcohol, heroin, cocaine, meth and caffeine. While all these drugs are of concern, the use of them in teens is declining. Adolescence are becoming more aware of the side effects and consequences of using these drugs. Narcotic pharmaceuticals are a rising issue in teens today. Yet most people seem to be unaware of pain killers as a problem. It could be due to most pain killers only being able to be obtained by doctor. Doctors have to hand out prescriptions in order for a person, whom ever it may be, to obtain the medications. Here is where the issue arises. Any person can inside a hospital screaming in agony and receive pain medication. But what if those people don’t need the medication? What if the symptoms they are portraying aren’t real? Many people take a dvantage of our health care system. Without realizing the effects it not only has on one, but on the people closest to them also. Keywords: Lysergic acid diethylamide, a synthetic crystalline compound, which is a potent hallucinogenic drug. Addiction to Narcotic Pharmaceuticals In general, research on the subjective aspects of morphine addiction has been of two kinds: (a) The Acquisition of data on behavior and replies of addicts to questions, and (b) the use of free association technics and dreamShow MoreRelatedDrug Abuse Is A Problem Essay1180 Words   |  5 PagesDrug abuse is a big problem and there are solutions, but everyone has to work together to achieve them. A possible solution might be to educate the different groups of drug users about the effects of drug abuse. Another is to place a higher priority on eliminating the source of the drug problem, such as the more popular known drugs like marijuana, cocaine, tobacco, nicotine and the others. Keeping the next generation from even starting drug abuse will completely eliminate the problem, but achievingRead MoreThe Problem Of Drug Abuse1331 Words   |  6 PagesBaltimore’s residents are addicted to the drug† (Yang, 2014). Graph one’s statistics represent the number of deaths cau sed by heroin in Baltimore, Maryland from January through June 2007-2014: (Maryland Department of Health and Mental Hygiene [Graph 1], 2014). As the graph above illustrates, drug abuse is a disease that is often overlooked and if untreated it could turn into a recreational activity for the people using them and eventually increase the number of drug enthusiasts throughout Baltimore. ManyRead MoreThe Problem Of Drug Abuse1525 Words   |  7 PagesEach year â€Å"Drug abuse kills about 200,000 people† (Drug Abuse Kills 200,000 People Each Year, 2012, para.1). As of now, there is no sure way to get people to stop doing drugs. Addicts are everywhere in licking county and even though drug abuse might not be able to be stopped completely but, there are always way to help users. Clean needle exchanges are a sure way to stop the spread of disease among addicts. Every day thousands of addicts are sharing needles because they have no other option, theyRead MoreThe Problem Of Drug Ab use1006 Words   |  5 Pagestrends like drug abuse. According to Pew Research Center, marijuana is the â€Å"most commonly used drug at all grade levels†. With that exact problem in mind, T.A.D.A. was formed. Teens Against Drug Abuse was established in the year 2014 to prevent and act against teenage drug abuse. Drug abuse is a life-threatening habit that, if it does not end a life at any early age, can physically or emotionally cripple a teenager for the rest of their lives. When analyzing the root of any problem to find a solutionRead MoreDrug Abuse And The Social Problem957 Words   |  4 PagesWhat is a social problem? Social problem is every conditions that is recognized as a social problem existed for some time before it came to be â€Å"defined† as such. What is a drug abuse in the social problem? Drug abuse is desire to use more drug than enough or than what prescription of the doctor in order to be comfortable and stimulants at the end the user become addicted and hopeless. Drug can be used with any gender according the age in the different environment and location, such as CommunityRead MoreDrug Abuse Is A Worldwide Problem Essay976 Words   |  4 PagesDrug abuse is a worldwide problem and one that has plagued the United States for decades. Drug abuse negatively impacts not only the individual user, but also our society as a whole. The fight to prevent the manufacturing and trafficking of illegal drugs into the country has made very little impact on its accessibility to those that wish to partake. According to the National Drug Control Budget Report for 2015, the President of the United States request $25.4 Billion in Fiscal Year 2015 in orderRead MoreThe Problem Of Drugs And Alcohol Abuse765 Words   |  4 PagesIntroduction My chosen contemporary social problem is drugs and alcohol abuse. It goes without saying that drugs and alcohol abuse is one of the most significant social problems not only in the United States but also around the world. As a matter of facts, drugs and alcohol abuse is a problem with innumerable effects both on the body and mind of a person. Many times, these adverse impacts affect the families, friends, and acquaintances of the addict whereby, for instance, the latter may lose theirRead MoreThe Problem Of Prescription Drug Abuse1461 Words   |  6 Pages(Quotes about Drug Abuse). This quote by Wayne Gerald Trotman describes how heartbreaking it is to contemplate on exactly how many people’s lives have been adversely impacted as a result of abuse. Child abuse, animal abuse, and sexual abuse are all major types of abuse; however, prescription drug abuse is a problem that is drastically skyrocketing in today’s society. While other addictions and abuses are equally signi ficant, it is imperative that people put a stop to prescription drug abuse using twoRead MoreDrug Abuse Is A Major Problem1122 Words   |  5 PagesDrug abuse is a major problem in the United States and throughout the world as more and more people become addicted every day. â€Å" We live in a society where millions of Americans are dependent on drugs or alcohol and only a small percentage receive treatment at a facility. In fact, the 2014 National Survey on Drug Use and Health found that 21.5 Americans age 12 and older had a substance use disorder in the previous year; however, sadly only 2.5 million received the specialized treatment they neededRead MorePrescription Drug Abuse Is A Serious Problem1547 Words   |  7 PagesBailey Glanville Mrs. Landgrebe Advanced Composition/4 21 December 2014 Research Paper Prescription drug abuse is a serious problem in today’s society. Prescription drug abuse is taking medicine prescribed for someone else, for another purpose, a larger dose than prescribed, in a different way than one is specifically prescribed. (â€Å"Prescription Medline† par. 1). This includes using a prescription to get high by crushing, snorting, or injecting them (â€Å"Prescription Medline† par. 4 and 5). By using

The Political Climate In The United States Has Been Forever

The political climate in the United States has been forever changed in the due to the Vietnam War to the pint of where there now currently lies a political system that focuses more on what members of a party wants and doing whatever possible to make sure that the opposing party fails their proposed legislature instead of working together to pass laws that would benefit citizens and the nation. The United States got involved in Vietnam because of the Cold War and the Cold War started fundamentally because of the ideological differences that the U.S. had with the Soviets (Communism vs Democracy). Although it’s somewhat unfair to say that the U.S. is a little like the USSR, in a way the two nations are similar. While it s true that the U.S.†¦show more content†¦As the Cold War continued to drag on, came the rise of McCarthyism; where Americans ranging from the public to politicians accused one another of being a communist. For politicians being called a communist or bein g labeled as â€Å"soft on communism† was very detrimental to careers. Unsurprisingly Democrats and Republicans would use the label of â€Å"communist sympathizer† as a way of steering voters away from their opponents. Though McCarthyism would die down as Joseph McCarthy lost all credibility and his importance in the political and public spheres waned, this method of accusing others of being friends of the communists would come back full force during the Vietnam War to discredit those who were opposed to U.S. involvement. Pro-war propaganda by both Democrats (including Kennedy and Johnson) and Republicans (Nixon) was what kept so many Americans blindly supporting the government and military as the Anti-war movement was gaining momentum. Conservative and Liberals alike used the argument that the war in Vietnam was a conflict that the U.S. needed to fight and win; claiming that â€Å"war is a moral test for the free†, most likely arguing that countries like the U.S. need to go to war to protect the world and its freedoms from oppressive ideologies. During Kennedy’s presidency andShow MoreRelatedUnited States Political Culture754 Words   |  4 Pagesfor the political culture in George Orwell’s novel, 1984; a stark, depressing world where â€Å"Big Brother† is watching you at all times. The political culture of the Untied States, thankfully, is a much more democratic and freeing environment. â€Å"Life, liberty, and the pursuit of happiness...† is what we live by, n ot â€Å"Freedom is slavery.† The political culture of the United States is made up of two main concepts: liberty and equality. These will be discussed in this paper. United States; a countryRead MoreEssay on Economy vs. Environment1243 Words   |  5 Pagesthe horizon. With mass production forever rising, society was yet to realize the detrimental effects it was having on the ever-fragile environment. This new culture of consumerism, which has been developing over the last one hundred and fifty years, incorporates a certain lifestyle society today could not fathom giving up. Therefore, both locally and nationally, the greed, want and selfishness that have plagued humanity are the ultimate causal factor behind climate change. When this new processRead MoreThe Global Warming And Climate Change924 Words   |  4 PagesWarming and Climate Change† The Global Warming and Climate Change has been a subject of debate for over many years nows. A lot of people are undereducated or misinformed by what is going on. This position paper should clear some myths and hoaxs of Global warming and climate change. In a paper punlished by Nature they provide one possible examination: For the vast majority of Americans, the weather is simply becoming more pleasant. Over the past four decades the temperature in the winter has been suffiecentlyRead MorePolitical Fundraising Corruption: Its Effects on Todays Voters997 Words   |  4 PagesIn the United States of America, we champion the power of the populace to elect the nation’s leaders. We are taught that each individual vote is important, and that each elected official has the responsibility of representing the electorate, lest the people cast their votes for someone else in future contests. However, in reality, elected officials have become increasingly indebted to their financial co ntributors while becoming less responsible to the voters themselves. A political campaign hasRead MoreThe People And Culture Of Panama1077 Words   |  5 Pagesalong with world changing technological advances. Even though it is pretty up to date communication and technology wise, it still sticks to its native roots. Panamanians are quick to tell you what they love about their country. Whether it’s the climate, the culture, or the outdoors, national pride runs deep in Panama. Many Panamanians feel strongly that their country is different from others in the region. This is mainly because of its intense history or unique geographical location. Whatever theRead MoreWhat Makes Me Stand Out?1566 Words   |  7 PagesSTATEMENT OF PURPOSE What makes me stand out? The achievement of your goal is assured the moment you commit yourself to it. I have forever believed in this school of thought. Commitment, Passion and Innovation are those which have kept me on the drive. I, Atisha Mootha, have always deemed that the most powerful weapon on earth is Passion. Passion creates a power that is inexhaustible, intense and treasured. Be it the latest developments in Technology or the innovations in field of ArchitectureRead MoreFlorida Californi A Great Impact On The Most Diverse Population Of People Essay1718 Words   |  7 PagesCalifornia has been known for it s beautiful golden coast, stunning mountain ranges, and the always wonderful sunny weather. The state houses the largest and second most diverse population of people in the United States. The large diversity of the people could be contributed by the vast differing landscapes that stretch across the state. Northern California in particular, is home to a variety of enormous mountains, mountain ranges, beautiful lakes, and forever flowing rivers. People come fromRead More11th Grade Essay896 Words   |  4 PagesEssay Prompt 3 During the founding of the new nation, the United States, there were a number of influential people who made important decisions based on their various opinions. These people, the founding fathers of the United States, would set examples, ideals, and rules for many leaders to come. Our first president George Washington, our 3rd president Thomas Jefferson, and our first Supreme Court justice John Marshall were all very important and influential individuals. Together, theirRead MoreSulistiyanto: Discussing Bilateral Relationship Between Australia and Indonesia621 Words   |  3 Pagesgovernments. It traces on how the role of governments have impacted in the creating of Indonesia domestic policy and foreign policy, especially toward Australia. Sulistiyanto examines the changing in Indonesia domestic policy and the contribution of the non-state actors in the maintenance of the bilateral relationship of the two countries. In his article he mentions the four perspectives on Indo nesia and Australia relations (pp.119-121). These four perspectives intend to show how the bilateral relationshipsRead MoreShift From Fossil Fuel Should Be Made Mandatory1632 Words   |  7 PagesShift from fossil fuel should be made mandatory Imagine waking up everyday looking for an umbrella to protect you from the scorching sun and a breathing mask to put over your face to support you in breath clean air. Not only for a period of time but forever, because the air is heavily polluted and the sun is always super hot, that people only ventured out during night hours. These are some of the warning the environmental activist fear could be were we are heading as inhabitants of this planet earth

Sources for Old Testament Study

Question: Discuss about the Sources for Old Testament Study. Answer: Introduction: The marriage topic is striking in the first chapter and grabs the attention of the reader. Marriage has extensively been talked about by Hosea by portraying God as an envious Man due to His wifes betrayal. This brings out the imagery in the story where Hosea represents God and Gomer; his wife is Israel. God is angry with the Israelites who have betrayed him by forging political affiliation and promoting corruption on ethical issues. The marriage between Israelites and God is more of a covenant where the Israelites even after going beyond the terms of the agreement with God by not following Him, He still takes care of them and maintains His ways of being righteous and forgiving and giving second chances. However, since Yahweh is angry, the Israelites must suffer by being conquered by the Assyrians (Landy, 1995). The first verses of the first chapter of the book of Hosea, Hosea explores the spiritual harlotry which the Israelites were committing which had increased the anger of the Lord and prompted Yahweh to allow Assyrians defeat the Israelites who were taken into exile. However, despite the anger that the Lord had on Israelites still, He considered Israelites as His children; therefore, He still had plans of liberating them from exile. Hosea goes ahead to talk about the salvation and the emancipation of Israelites from captivity (Arnold, Beyer, 2002). Hosea speaks of the Northern Kingdom which had currently stolen the patriarchal lineage in the king's succession from the Davidic line of leadership. Hosea brings out the conditions which the Northern Kingdom was experiencing. During the period which Hosea was delivering the prophecy, Ephraim as the Northern Kingdom was being referred to as undergone a lot of change regarding leadership. Interestingly there were around 19 kings. This explains that Yahwehs favor was not upon the kingdom due to the sins being committed by Gods people. One indeed, God had benevolently allowed the chipping of the United Kingdom (1 Kings 11:29-38). However, in spite of the fact that he would pass along these lines humble Judah given its two-timing excessive admiration, this would not keep going forever, Hosea further explains when the Israelites will be liberated. This will happen once the rightful kings sit on the throne. The southern kingdom (Judah) had the legitimate Davidic lineage. Therefore, the Isr aelites will be liberated once they have accepted Yahweh as their ruler by allowing the rightful leaders chosen by him to lead. Therefore, one of the prophecies that Hosea delivered was the end of Jeroboam reign. It came to pass when Jeroboam was killed, and his son assassinated barely six months as the king which marked the end of a lineage. (Arnold, Beyer, 2002) Hosea is credited with giving a warning and a message of judgment to the Israelites on behalf of Yahweh. The Lord was discontented by His people who had left Him and put their trust on the Baal gods Yahweh summons Hosea to find Gomer who is a harlot and to marry her, this was to symbolize the relationship that the Lord God of Israel had with His people. It is hard to be possible that Yahweh ordered Hosea to accept a harlot as a wife. The scriptures greatly condemn prostitution, and therefore it could be possible that Gomer being a harlot is symbolic. Therefore, it may be possible to say that Gomer was not a prostitute, but rather her spiritual beliefs were corrupted; hence, she could be a believer of Baal. Precisely when the firstborn son was delivered, Hosea was to name him Jezreel ("God will sow/scatter"). The name signified that the child was indebted to overcome sin and to make sure that the children of Yahweh start receiving attention from the Lord. Jezreel was looked upon to change the king lineage and deliver it to the Davidic lineage. Jezreel was also inclined to be the basis of righteousness in the eyes of the Lord. Jehu who was reigning in the time of Jezreel went against the Lord by prosecuting the innocent and developed pagan worship regardless of the fact that earlier he had executed the prophets of Baal. The second child of Hosea was a girl named Lo-Ruhamah ("no pity/kindness"). The northern kingdom had fallen off from the favor of God. This name was a reflection of Yahwehs action in the nation. God wanted to punish the Israelites as they had fallen of short of His grace. The third child was named Lo-Ammi (not my people) where God felt that His people had apparently turne d their back on Him and therefore abandoned them. This shows why the Assyrians captured the Northern Kingdom which was wicked in the eyes of the Lord. Interestingly the Southern country had favor from God and was not conquered. In conclusion, God's old covenant was with Jews. However, through the death and revival of Jesus, he set up another everlasting covenant with both the Jews and Gentiles. We are the new people of God, and the prophecy of Hosea applies to us as much as it did to the Jews coming back from the outcast. 1 Peter 2:9-10 and Romans 9 demonstrates to us that while the new covenant is unlimited, we ought not just expect that we will naturally be spared just by saying we accept. God is the person who picks who will acknowledge Him and just the individuals who are genuinely chosen by him will uncover themselves by preserving till the end. (cf. 2 Tim. 2:1121; 1 John 2:19) Those who don't proceed with confidence, regardless of the possibility that they proclaim to be Christians, will face God's judgment. Just on the off chances that we comprehend this, we can grasp being spared by elegance, not by works there is nothing we can help to procurers out or alter his opinion. This is the essence of the Christian gospel Hosea chapter 11, verse 1-11 highlights Gods love to Israel. Hosea is a prophetic book which was written around 785-745 B.C. which were the years when Jeroboam the king of Israel, was reigning. Hosea originated from the Northern kingdom of Israel. Hosea was the son of Beeri. Hosea spreads the love and repentance to the people of Israel towards God. He clearly communicated a message of judgment to Israelites for the peoples continued unfaithfulness to Yahweh. Hosea succeeded Amos of whom both condemned the way Israel was wasting wealth through extravagance. Hosea saw the reign of seven kings in his three decades of prophetic work. All of these kings were wicked in the eyes of Yahweh: this explains the reason for their short reign. These kings were Jeroboam, Zechariah, Shallum among others. Hosea spread the word of Yahweh shortly before Israel was conquered by the Assyrians. Hosea writes about how the Israelites involved themselves with worshipping Baal instead of Yahweh. This resulted in the community being corrupt, selfish and doing actions that were only for personal gains which made the Lord Almighty angry hence concluding that Assyrians will capture the Israelites. This meant that Gods anger was upon the Israelites and Hosea was a messenger. Hoseas prophecy was intended to warn the people about the looming judgment that the Lord was going to impose upon the Israelites. (Arnold, Beyer, 2002) Verse 1 and 2 describes how Yahweh loved Israel from the beginning. Israel was born in Egypt and Yahweh is being affectionate and loving to his first-born child. Thus, says the Lord: Israel is my firstborn son (Exodus 4:22). Therefore, this shows that Yahweh considered Israel as a child from the beginning when Israel was created in Egypt. Israel went to Egypt as an extended family, but by the time Yahweh delivered them, Israel was already a nation. The verse continues to explain that after their delivery, almost immediately the Israelites started worshipping Baal and going further to burn incense under this idols. Even before entering the Promised Land, they yoked themselves to Baal (Numbers 25:3)and after entering the Promised Land, they quickly succumbed to Baal worship (Judges 2:11-13). Verse 3 and 4 shows how Ephraim is a Northern tribe from Israel, in Hosea, Ephraim is used to referring to the whole of Israel. Yahweh refers to Ephraim as His son and speaks of how Yahweh has taught Ephraim to walk which is a significant moment in a childs life as well as the father. Yahweh was taking care of Ephraim regardless of the failure of Ephraim to take note. The verse goes further to explain how Yahweh was bidding the Israelites with a cord of love. Instances of kindness which Yahweh gave to the Israelites as a reason for them reciprocating with love. Yahweh comforted them and even went further to bend down and feed them, for instance when Yahweh fed Israelites in the wilderness with manna and water from the rocks (Dearman, 2010). In verse 5, 6 and 7, With the Israelites being faced by an attack from the Assyrians that result to their conquest, the Israelites will not be able to go back to Egypt to avoid slavery in Israel, rather. They will be configured. Yahweh has always been Israels rightful king, but Israel long ago sought a human king, to be like other nations (1 Samuel 8:5). This explains the reason why all the kings of northern Israel were evil, and they were a total of 19. The verse goes further to explain after the conquest; they shall fall and be killed by the Assyrians. Israelites refused to repent hence Yahweh will not hear their cry, although they will cry for help (Dearman, 2010). Verse 8 and 9 points out how Yahweh regardless of His anger refuses to give up on Israel. He says He cannot hand over Israel and He will not make the Israelites cities fall like Admah and Zeboiim which were destroyed with Sodom and Gomorrah. Although Yahweh will punish Israel, Israel will not be entirely destroyed. However, regardless of the anger that Israel invokes on Yahweh, still compassionate as He contemplates Israels punishment. Yahweh promises that He will not utterly destroy Ephraim because His ways are not the ways of a man. Yahweh concludes that He will not come in wrath. (Stuart, 1987). Finally verse 10 and 11 shows ho Yahweh goes further to indicate that although His roar will be loud still Ephraim will come to Him. Therefore, the roar is to scare Israels enemies who will be protected by Yahweh and settled safely in their house. (Dearman, 2010) Hosea 11 outlines God's enduring adoration for his children an affection so strong that it proceeds in spite of defiance, a love that leads God to reestablish his people after he has rebuffed them. Hosea 11 delineates God's driving forward adoration utilizing a story based on the analogy of a father's love for an insubordinate child. The subject is created comparatively: unfaithfulness and insubordination, discipline and rebuilding. The message, as it is set up in Hosea 11, resembles a four-act dramatization in which Hosea is the leading performing artist, representing God. (Dearman, 2010) In conclusion, Chapter 11 contains the most powerful yet touching words in all of Hosea. It highlights a sharp complexity between God's tender memories of His first association with Israel but then His distress at their dismissal of Him for Baal regardless of all that He had accomplished for them. His people had underestimated His adoration and watch over them, and the Lord was worried for their steady absence of constancy, which now required their coming judgment. In a moment show off His empathy, the Lord uncovers that His standing affection for Israel would imply that His judgment couldn't and would not spell the end for His people. For in a future day Israel would react to His call and they would come back to their homes and His favors. References Dearman, J.A., 2010. The Book of Hosea (Vol. 29). Wm. B. Eerdmans Publishing. Sweeney, M.A., 2000. The Twelve Prophets. 2 vols.Berit Olam. Stuart, D.K., 1987.Hosea-Jonah(Vol. 31). W Pub Group. Arnold, B.T., and Beyer, B.E., 2002.Readings from the Ancient Near East: Primary Sources for Old Testament Study. Baker Academic. Landy, F., 1995. In the Wilderness of Speech: Problems of Metaphor in Hosea.Biblical Interpretation,3(1), pp.35-59.

Organized Hypocrisy Essay Example

Organized Hypocrisy Essay Every nation wants to contain its own powers and privileges. Of course it is needed. Any nation satisfying the definition of state can expect the powers and privileges of its own. It does not like others involvement in its matter by other nations. The ability of a nation to constrain other involvement in its internal affairs is called sovereignty.  ¹Ã¢â‚¬Å"Sovereignty is the exclusive right to exercise supreme political (e.g. legislative, judicial, and/or executive) authority over a geographic region, group of people, or oneself. A sovereign is the supreme lawmaking authority, subject to no other†. The concept of sovereignty got worldwide recognition with the idea of peace, establishment of League of Nations and U.N.O etc. The U.N.O in its charter clearly says about non-interference of other states in the internal affairs of any county. But in reality it is not going to work as we expected. We are seeing internal affairs means only as political affairs, policy affairs. But th ese things are indirectly influenced by other 1.  Ã‚  Ã‚  Ã‚  Ã‚   Wikipedia factors like pro-westernization, economy, its influence on international arena, etc.   Due influence of more number of factors which are showing impact on the sovereignty of a country, the concept of sovereignty has lost its relevance in today’s modern world.   It is nothing like organized hypocrisy rather than true sovereignty.  ¹Ã¢â‚¬Å"The abolition of inter-state war was the declared goal of the Charter of the UN. Today, the aim seems to include the abolition of internal war as well which implies a redefinition both of internal sovereignty and the non-intervention principle.† We will write a custom essay sample on Organized Hypocrisy specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Organized Hypocrisy specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Organized Hypocrisy specifically for you FOR ONLY $16.38 $13.9/page Hire Writer The term sovereignty has been used in four ways  ·Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   International legal sovereignty  ·Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Westphalia sovereignty  ·Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Domestic sovereignty  ·Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Interdependence sovereignty 1. Eberwein, Wolf-dieter;  Badie, Bertrand ; Ingenta Connect 1.  ¹Ã¢â‚¬Å"International Legal Sovereignty: Practices associated with mutual recognition, usually between territorial entities that have formal juridical independence, it contains authority and legitimacy but not control. 2. Westphalian Sovereignty refers to p.org based on the exclusion of external actors from authority structures with in a given territory. 3. Domestic Sovereignty: Formal org of political authority with in the state and the ability of public authorities to exercise effective controls with in borders of their own policy. It is sharing both authority and control. 4. Interdependence Sovereignty, Ability of public authorities to regulate the flow of information, ideas, goods, people, pollutants or capital across the borders of their state, concerned control only, no authority.† Sovereignty became part and parcel of every written constitution and also included in other forms in unwritten 1. Krasner, Organized Hypocrisy constitutions as well. Each and every country talks about its sovereign functions and its sovereignty. For small countries is trying to make propaganda to safe guard its self-interest. This is mainly propagated by the top-level officials to low level officials. However the propaganda of top level is only accountable. These leaders use this in an organized way. They are using it for building personal image  and for the country benefits as well. They make use of the word again and again in a planned way, this helps the country to make progress and continue its respect in international stage. Some times they speak crossing their limitations and also accusing other rival nations which later have to be resolved diplomatically. However human factor has its own influence and it is the main real factor to make things in organized way by several means like propaganda, diplomacy etc. Sovereignty is important and also must need thing now in this period of time is which we think, however in reality it is not so, the concept of sovereignty is loosing its worth. It looks just like an organized hypocrisy now with many developments going around in a quick rate. Hypocrisy means the practice of claiming to have higher standard of beliefs than in the case.   This hypocrisy is poised in a planned and a systematic way to get acceptance of all the sections of people. Every country have its own strategy to maintain that hypocrisy knowingly for its own benefits starting from very big country to small countries depending upon its own requirements. Concept of sovereignty is loosing its grip due to number of factors already stated. These include  ·Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Political affairs  ·Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Pro-westernization  ·Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Diplomatic relations.  ·Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   International system  ·Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Globalization. Some students of international politics take sovereignty as an analytic assumption, other as a description of the practice of actors, and still others as a generative grammar. There is actor oriented perspective Krasner in his books organized hypocrisy focused on actor – oriented perspective. But he says the actors are not the nations like in neo-liberalism, neo-realism etc., International order is must needed thing now or else within no time the world will collapse. This order helps to bind the international society together. â€Å"There are four care values in the present international system. 1.  Ã‚  Ã‚  Ã‚  Ã‚   The maintenance of minimum public order, meaning the avoidance of behavior that would risk general war. 2.  Ã‚  Ã‚  Ã‚  Ã‚   Self-determination, although this term lacks any specific meaning beyond decolonization. 3.  Ã‚  Ã‚  Ã‚  Ã‚   Minimum human rights, which consists of the nation that a state violates international norms if it denies on â€Å"identifiable ¹ group equal access to the political, economic and social perquisite of that society.† 4.  Ã‚  Ã‚  Ã‚  Ã‚   Modernization, the assertion that living standards should be raised through at the world.† Several international attempts were also dare to maintain balance with in a country between rulers and the minority groups. Minority groups means any section of society whether based on religion, 1. Krasner, Organized Hypocrisy language etc., who are in lesser number are treated as minorities. These people’s rights will be sometimes discarded, and then the rulers say it is their internal affairs. It has sovereign right to deal it by itself. There are several   instances in past and present as well, where such a  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   situation has raised, for example in the Ottoman Empire, Fiji, where settlers are minority groups here, Sunni-Shia conflicts in many Arab countries, struggle between tribal groups in African countries. The claim of the states is that it is their internal affair and no one has right to interfere. Depending upon the issue the international community is interfering and asking the nations to deal the issue in a justified manner. Though there are several methods just like diplomacy, through international institutions , negotiations etc and if they are not going to work out then through economic sanctions , shutting down the diplomatic relations etc.,. Another important factor which influences Sovereignty is very new concept that is Globalization.   We are now staying in a global village where we cannot deny relations with others. If any country does that it will be the looser in the end of the day. Nations will suffer and the citizens of that country will be the real victims of the leaders polices. They say that they have every right to have their own agenda.   These agenda should be accepted by internationally community. Now with the revolution in telecommunications each and every aspect of development of all countries are known to all. If any country go according it own whi ms and fancies the international community is curtailing it with a strategy of collective economic sanctions enforced by international organizations. There are several instances where economic sanctions were imposed. Some of the examples are sanctions on Iraq after Gulf War, sanctions on India and Pakistan after Nuclear Tests, on South Africa for showing racial discrimination, etc. like this there are several examples. Like this there is no freedom to do according to its interests. But unfortunately this is not going to apply for developed countries. They are influencing the international organizations to give financial assistance to the smaller countries and to keep sanctions on them. This is possible due to their higher stake in those. This is making fun of the concept of Sovereignty. This will lose confidence on them and small countries will not trust them. Some countries are ending their relations with IMF and WB.  ¹Ã¢â‚¬Å"Venezuelan president Hugo Chavez announced that his country had withdrawn from the IMF and WB.† And some other Latin American countries like Nicaraguan, Argentina etc are in that way. After giving due importance to developed countries also the international institutions though they are claiming that they are safeguarding the interests of nations and their sovereignty. This is nothing other than the organized Hypocrisy by international community controlled by developed nations. By above examples we may come to a conclusion that international community and globalization is dominating the states sovereignty but is not totally correct as we see. Even though the other factors are looking in front but the real player is the human factor which is influencing all the things.  ²Ã¢â‚¬Å"What Krasner regards as ‘organized hypocrisy’ may also be perceived, at least with some compassion for our human infirmities, as the 1.  Ã‚  Ã‚  Ã‚  Ã‚   Venezuela to Quit IMF, WB. Deccan Chronicle 2. Krasner, Emperor’s New Clothes. inherent, perforce ineluctable, contradictions of political existence. Hence, stretching this claim to its ultimate limits, it would follow that in the world of history and politics, the human actor, with all his/her constraints and contingencies, has precedence over institutions and structures, that personal decisions override international norms. For the politics of meaning, even for the modern man, lies beyond the politics of state-sovereignty.† How many numbers of the factors may be or what ever the levels of their impact may be these factors undermined the concept of sovereignty which had lot of importance in the earlier days. But now it looks just like an organized hypocrisy.   Unless there are streamlined basic principles established by international conventions and accepted by international community and each and every nation in the world, we may forget the concept of sovereignty forever which is not good for the nations and world at large in long run.

Leading restaurant chains Essay Example

Leading restaurant chains Essay Example Leading restaurant chains Essay Leading restaurant chains Essay Essay Topic: Chains McDonald s is one of the taking eating house ironss in the universe, touching the lives of people mundane. The long journey of the Burger trade name started in 1940, when two brothers, Dick and Mac McDonald opened the first McDonald s eating house in San Bernardino, California. Initially, they owned a hot dog base, but after set uping the eating house they served around 25 points, which were largely barbequed. It became a popular and profitable adolescent haunt. In 1948, the brothers closed and reopened the eating house to sell merely beefburgers, milk shakes and Gallic french friess. As per the information of the McDonald s history, the major gross came from beefburgers, which were sold at a nominal monetary value of 15 cents. The eating house bit by bit became celebrated and the McDonald brothers begin franchising their eating house in the twelvemonth 1953. The first franchise was taken by Neil Fox and under it ; the 2nd Mc Donald s eating house was opened in Fresno, California. It was the first to present the Golden Arch design. The 3rd and 4th eating houses were opened in Saginaw, Michigan and Downey, California, severally. The latter is the oldest Mc Donald s eating house still in operation. In 1954, an enterpriser and milkshake-mixer salesman, Ray Kroc, acquired the franchise of McDonald s eating house for outside California and Arizona. In consequence, Kroc opened his first and the overall 9th eating house in Illinois, Chicago, and gave birth to Mc Donald s Corporation. In 1958, the eating house concatenation sold its 100 millionth beefburger. In 1960, Kroc renamed his company as McDonald s Corporation . In 1961, Kroc convinced the McDonald brothers to sell the concern rights to him for a sum $ 2.7milion. Subsequently that twelvemonth, the Hamburger University was opened, which gave away McDonald s eating house Bachelor of Hamburgology grades to pupils. In 1963, the mascot Ronald McDonald was born as a portion of a selling scheme in US. In 1967, the first eating house outside US was opened in Richmond, British Columbia. In 1974, the 3000th eating house opened in Woolwich, United Kingdom, which is the first of the state. Happy Meal was introduced in US in 1979. In 1984, the company became the chief patron of the Summer Olympics. The twelvemonth was besides marked by the decease of Ray Kroc. In 1988, the first eating house opened in a communist state in Belgrade, Yugoslavia, followed by the first Soviet eating house in Moscow ( 1990 ) . In 1992, the largest McDonald s was opened in Beijing, China, holding over 700 seats and was subsequently demolished. In 1993, the first sea-going eating house was established, aboard the Finnish Cruise-ferry Silja Europa, sailing between Helsinki and Stockholm. In 1994, McDonald s bagged the Catalyst Award for its plan for fostering leading development in adult females . In 1996, the first Indian eating house was opened. In 2003, the company launched the I m lovin it run. In 2005, McDonald s started its McDelivery service in Singapore. In 2006, the concatenation announced that it will print nutritionary information on its packaging of all its merchandises, for the benefit of the clients. Sing the immense success and trade name McDonald s has become, the nutrient concatenation is spread across the universe in about all the major metropoliss of the Earth. Being economic and user friendly, the success rate of the company can non be doubted. McDonalds Canada opened in 1967 ; thirteen old ages after McDonalds had taken the United States by storm. This was the first eating house to be opened outside of the United States. It was in 1965 that McDonalds went public and offered portions on Wall Street. Since so it has been of import for McDonalds to continually supervise its public presentation, to do certain it is competitory and profitable piece besides being cognizant of its immediate community duties. This can be achieved by utilizing the Porters 5 Forces theoretical account so the company is able to find where its concern demands to alter or better in order to remain competitory in the fast nutrient industry. Analyse McDonalds utilizing a well known theoretical account to measure the competitory place that it occupies within its industry.Porter s competitory forces theoretical account includes five forces that need to be analysed. These forces include the strength of competition from traditional rivals, menace of new market entrants, menace of replacement merchandises and services, dickering power of clients and dickering power of providers ( Laudon A ; Laudon, 2007 ) .

Human Reource management for Samsung Essay Example | Topics and Well Written Essays - 750 words

Human Reource management for Samsung - Essay Example The organizational structure also determines the approaches used in decision-making. This paper will present a report on the strategies that Samsung can adopt to register high performance and ensure a favorable working environment. Motivation and Reward This section will present an analysis of the motivation and reward procedure used by Samsung. In a bid to motivate its workers, Samsung has a very modern strategy, which offers the workers with a diverse range of possibilities. For starters, the managers in Samsung have made sure that the working hour-schedule suits the employees in conformity to their preferences, a factor that ensures that people are enthusiastic of each day’s work. Employees have a clear ascending path in the company, with the option to remain at the level of an individual contributor or become a manager (Pattanayak, 2005). It gives the employee awareness that if he does a good job, he will very likely ascend in the hierarchy, and receive a bigger salary and extra benefits. It is a strong motivational factor as the employee receives an adequate challenge, and the outcomes of staying with the company. Samsung has adopted a â€Å"pick your package† style of benefits for the employees. ... Moreover, Samsung is working on improving their workplace to offer a free catering, Starbucks gym, and social club on-site. Some optional benefits include social events, holidays, activities within the company, and many more, to maintain a good relationship between the company and the staff. This human resource strategy has shown its viability as evidenced by its adoption by companies such as Google and Kaspersky labs. The feedback collected from the employees indicates a feeling of satisfaction and a will to progress within the company (Pattanayak, 2005). Evidently, Samsung has achieved its goal in terms of motivation and reward. Samsung has also considered establishing goal incentives. This is an additional performance-based pay system to reward employees for improvement in their work efficiency. This system makes use part of the extra profit generated because of the effective performance of the management, human resource, facilities, and technology of our company (Lindholm, Yarris h, &Zaballero, 2012). When a business unit achieves good business performance, it allocates part of the extra profit to executives and employees. Under this system, part of an employee’s salary is determined based on the collective performance of the group. This is a variable reward system, under which executives and employees receive part of the profit in cases where a high performance that exceeds the goal is registered. Organizational Change and Culture This section describes Samsung's organizational change and culture, with admiration to RensisLikert’s participative decision-making theory. According to this theory, employers should seek to allow