Margaret Sanger

Margaret Higgins Sanger ( 1879- 1966), was an American Pioneer in the birth control movement, was born in corning, New York., on September 14, 1879, the sixth of eleven children. Educated at Claverack College and Hudson River Institute, she hoped to become a physician but was obliged to compromise on nursing. She married William Sanger in 1990, and although they were divorced in 1913, she retained his name for professional purposes even after her marriage to J. N. H. slee the following year.As a nurse in New York City, Mrs. Sanger became aware of the poverty and death resulting from over- large families and abortions.   Prevented by the Comstock Law of 1873 from providing a formation on contraception, 1912 she wrote two series of articles â€Å"What Every Mother should know† and â€Å"What Every Girl should know†. In 1914 she founded the National Birth Control League and established a monthly magazine, The Woman Rebel. The next year she circulated through the mail a p amphlet, Family Limitations, for which she was indicated; but the case was dropped.In 1916 Mrs. Sanger opened the first birth-control clinic in America, in the Brownsville section of Brooklyn. She was again indicted and served 30 days in prison. In the same year she established the Birth Control Review, which she continued to publish until 1928.Seeking to persuade both the medical profession and the public of the importance of her cause, Mrs. Sanger traveled throughout the country and the world on lecture. She organized the first national and international birth control conferences. In 1923, she established the Clinical Research Bureau, staffed with physicians, social workers and technicians. In a police raid on the clinic in 1926, doctors’ records were seized.As a result of this violation of the principle of medical privacy, the profession rallied to defend its right to dispense the information where it was considered advisable, and the clinic resumed its work. In 1932, with the sponsorship of many Protestant Churches organizations, Mrs. Sanger initiated the national Committee on Federal Legislation for Birth Control. Four years later, a U.S District Court upheld the right of physicians to became obsolete. In 1937 the American Medical Association publicly endorsed birth control.The National Birth Control League and the clinics were combined in 1942 in the Planned Parenthood Association of America, with Mrs. Sanger as honorary chairman. For the purpose of checking the world population explosion, this was later expanded into the International Planned Parenthood Federation. Among her works are The Case for Birth Control in1917; The Pivot of Civilization in 1922; My Fight for Birth Control in 1931; and Margaret Sanger, an Autobiography in 1938.Margaret Sanger is considered as one of the Nursing Leader along with her are Florence Nightingale, Clara Barton, Lillian Wald, Lavinia Dock and Mary Breckinridge. Sanger made a notable contribution both to nursing h istory and also in the women’s history. She was a politically astute pioneer. Her skills at influencing others and bringing about change remain models for political nurse activists today.As a public health nurse in New York, she was much exposed to the country’s social problems such as abortion. She made a lasting impact on women’s health care. Her imprisonment in the opening of her first birth control information in America did not stop her from doing service with her fellow men. She is considered founder of Planned Parenthood. Her experience with the large number of unwanted pregnancies among the working poor was instrumental in addressing this problem.Margaret Sanger died in Tuscon, Arizona on September 6, 1966 due to Tuberculosis and Cervical Cancer. What she had undergone during her pregnancies where in she had some miscarriages also led her to the idea of Life and Health protection. She is considered as one of the most important person in this century due to her great contributions and mind opening ideas about contraception and life preservation. She really defended the rights of women and the protection of their health by making the Planned Parenthood and the establishment of birth control practice.Poverty did not stop Margaret Sanger from being a successful nurse. She wanted to be a doctor but just settled in nursing. As she opened her first clinic, her purposed persons were the poor and rich individuals in America. The Victorians and other physicians refuted and rebutted Sanger’s ideas. Due to this event, she left the league and started to have teachings in the different social class in America about planning and the importance of the health of the women in bearing children. Through this, Sanger had educated a great number of individuals whom she has helped with her client teachings.It is because of Margaret Sanger that birth control are widely distributed and are of easy reach to those individuals who needed it the most. W hat she established did great impacts on the U.S society that until is being followed and widely used also worldwide. If it is not for Sanger, we would not be made educate on the proper planning of having kids and to avoid abortion because life is precious and is a gift. Her established plans and projects helped in starting or developing Planned Parenthood and National Organizations for Women which the only aim is to protect the women from any forms of health illness.Also, through Sanger; many denominations perceive birth control in a different perspective. Although there are still some Religion that is really against it, the good things is that it is only a minority. Many of the different denominations worldwide are following her ideas about planning to have children. Sanger fought for the rights of the women being easily exploited by the men because of uneducation about their health and what are the things they are ought to do. She was very much sensitive to the needs of the women , maybe due to what she experienced and what she saw from her beloved mother.She viewed Sexuality as a form frailty. She also perceived firmly that Masturbation was perilous because for her this habit is one thing that once you started will never be out from your system, you will always find time to do it and seek its happening. Sanger also believed that if you masturbate a lot, there is a tendency that you have a poor possibility to do sexual intercourse in a natural way. She also perceives that Masturbation is not just doing it physically but by also letting the mind work. A teenager, a young man or woman imagines sexually explicit things in her mind and when this is always being done this comes out naturally.She also is an advocate of Eugenics, the process of selective breeding to improve heredity. She believed that all should be respected and heard regarding ones views and perception. She was imprisoned several times due to her ideas about parenthood planning but still she conti nued until she became successful in her field of expertise. She now is symbolic person who contributed much to the world’s awareness and especially in the awareness of the American Society.Although instigated by organizations that are for or pro for life, she continued to do her part to help the women. Many leaders admired her and one of them was Martin Luther. Indeed Sanger left a legacy that all of the people when they will come to know and understand, will really admire her for her strength and her courage to fight for the rights of the women amidst the persecutors around her. She was such a woman sympathizer, a woman who was toughen by time and experiences would also want to help other women to be healthy , be protected from diseases, and have the right to promote and plan a family.Until her death, she believed that abortion is really a wrong choice. Abortion is the expulsion of a fetus inside a womb and not considering the period abortion is performed, it is still a sin because a there is already a life existing inside the womb of the woman; may it be just 1 week or 2 weeks. For Sanger, Contraception is the best way to plan and establish a family of ones own. Contraception is not that dangerous as with abortion, Contraception is very much secured from any forms of danger and most of all, it does not cost you to sin just to be freed from the situation you are in. it gives you a clear conscience and guilt about the preservation and protection of human life especially in planning a family.References:Halsey, William. Margaret Sanger. 1988. Johnston, Bernard. Margaret Higgins Sanger. 1986. Kozier, et al. Fundamentals of Nursing. Pages 7- 8. Prentice Hall, 2004. â€Å"Margaret Sanger†. Collier’s Encyclopedia. Volume 18. U.S.A 1962. â€Å"Sanger, Margaret†. Compton’s Encyclopedia. Volume 20. Tribune Publishing Company, 1995.

IP Addresses Classes and Special-Use IP Address Space Essay

IANA (Internet Assigned Number Authority) assigned Internet Protocol Address to the vendors. Internet Protocol version four divided by five structure classes. The five structure classes are A, B, C, D, and E classes. What are the historical signification for classes A, B, and C? What are the address spaces for each class? What are RFC 1918 Internet Protocol address ranges and its special use? The first three classes (A, B, C) are mainly for public use, and the last two classes (D and E) are for experimental and reserved for multicast. The first octet in the Internet Protocol Address determines its structure class. Class A addresses are ranges from one to one hundred and twenty-six in the first octet. Class B addresses are ranges from one hundred twenty-eight to one hundred and ninety-one in the first octet. Class C addresses are ranges from one hundred and ninety-two to two hundred and twenty-three in the first octet. Class D addresses are ranges from two hundreds and twenty-four to two hundred and thirty-nine in the first octet. Finally, class D addresses are ranges from two hundred and forty to two hundred and fifty in the first octet. Class A Internet Protocol addresses are reversed for a few large organizations. The network identifiers in class A are the remaining seven bits of the first octet. Class A addresses are available up to sixteen millions host addresses. Class B addresses are for medium sized enterprise. The first two octets (16 bits) in class B Internet Protocol addresses are for network addresses. The last two octets (16 bits) in class B are for the host addresses. Class B addresses has more than 65,000 networks. Class C Internet Protocol addresses are commonly found networks in the internet. Class C Internet Protocol are private addresses. The first three octets (twenty-one bits) in class C addresses are for network addresses. The last octets (eight bits) in Class C address are for host identifiers. There are more than sixteen millions network addresses in Class C Internet Protocol. Class D Internet Protocol addresses are for multicasting and is not for general use. Class D addresses are not used for public.

Rooms division assignment

The unit examines the role of the rooms ivision within the management of a hospitality operation, the operational elements that comprise the rooms division and how these are deployed by management to maximise both occupancy and rooms revenue. Learners will gain understanding of the role of the front office as the ‘nerve centre' of customer activity with network communication links within and to other departments. They will also gain understanding of the management of housekeeping services.Learners will be able to identify trends and technologies which impact on rooms division operations and effectively utilise a computerised operating system within the rooms division. Main Assignment Tasks Learning outcome 1 You are a trainee manager who has been asked by his manager to prepare a short induction presentation to ensure that newly recruited staff understands services provided by the rooms division in diverse contexts. TASK 1 (ACI. I ) services for at least two organisations. Exam ples of front office services) Housekeeping and maintenance Decoration and furnishings Refurbishment Accommodation environment and occupancy Guest services and supplies Linen services and laundry Cleaning services Environmental issues You will need supporting notes describing accommodation and front office services. Provide real industry examples where possible and make sure you reference your sources of information. Please submit a hard copy of your presentation and notes by the xx/xx/2013.Please also include these with your final report. TASK 2 (ACI . 2) Produce a table outlining the roles and responsibilities of Accommodation and Reception Services staff using as an example of a specific company. Accommodation Staff Responsibilities Roles Reception Service Staff Company 1 – Roles Notes should support your tables Give clear references to sources of information. Please submit a hard copy of the table and notes by xx/xW2013. Please also include the table with your final repor t.TASK 3 (ACI . 3) Discuss the legal and statutory requirements in relation to the room's division operations. (Examples of legal and statutory requirements) Health and Safety Hazardous substances Protective clothing Consumer law Price tariff and display Data protection TASK 4 (AC 1. 4) Evaluate services provided by the rooms division in a range of hospitality businesses (Examples of different businesses) Hospitality businesses Hotel Restaurant University campus Learning outcome 2 TASK 2. Assess the importance of the front of house area to effective management. The areas that are important to effective management include: Business/Department plans Operations POS management Night audit Use of technology Controlling and updating front-of-house-services Consumer and data protection Pricing. TASK 2. 2 given hospitality operation. Company 1 – Key Aspects Some of these should include: Visual impacts First impressions Design and layout Zoning Ambience Colour Flowers/Plants Heating L ighting Security TASK 2. Importance to planning and management Critically discuss the key operational issues affecting the effective management and business performance of the front office area for a given operation Examples of front office area operations: Services – Rooms related Concierge Information Sales Administration Financial Marketing Human resources, quality, customer Learning outcome 3 1 . Assess the importance of property interiors and design to effective management using a specific company (AC3. 1).Business departmental plans, operations and procedures Interior design in terms of visual impact, ambience, ratings, cost Access to mobility within interior, fabrics/furnishings/fittings Space, lighting, heating, effect of colour, flows plants 2. Discuss the critical aspects of planning and management of the accommodation ervice function for a given hospitality operation (AC3. 2) To include the bedrooms, function rooms, meeting, staff, public) Linen and laundry, cleani ng, leisure areas, waste management, use of technology, health and safety, consumer and building regulations, evaluating and controlling rooms services. .Analyse the key operational issues affecting the effective management and business performance of the accommodation service function for a given operation. (AC3. 3) Human resources Quality and Customer Learning outcome 4 4. Performance revenue/yield management activities to maximise occupancy and erishability cycle Distribution channels, price discrimination different rates and tariff structures to maximise occupancy Inventory management including the use of booking horizons to maximise yield, advantages and disadvantages of yield management.Hotel internet marketing including viral marketing 5. Discuss the sales techniques that room division staff can use to promote and maximise revenue. (AC4. 2) Tariff structures, market based pricing, negotiated sales, (delegate, seasonal and corporate packages) Use of overbooking policy, sales l eads, referrals, selling other services, Up-selling, repeat business, customer loyalty scheme, ource of bookings, central reservations, agents. 6. Discuss the purpose and use of forecasting and statistical data within the rooms division. (AC4. ) Comparison of actual data to projected, formulation of marketing and pricing policy, Operational and financial reports. 7. Calculate room division performance indicators to measure the success of accommodation and sales. (AC4. 4) Front office performance indicators (room occupancy %, sleeper %, double/twin occupancy %, average room rate, and average sleeper %. Achievement of Pass, Merit and Distinction Grade Achievement of a Pass grade: A pass grade is achieved by meeting all the requirements defined in the assessment criteria for pass for each unit.Achievement of a merit grade To achieve a merit grade you must achieve a pass grade and also your essay/ assignment/coursework demonstrates your abilities and skills in the following areas: MI id entify and apply strategies to find appropriate solutions M2 select/design and apply appropriate methods/ techniques M3 present and communicate appropriate findings On successful completion of these assignments learners will achieve the following learning outcomes: Achievement of Pass, Merit and Distinction Grades 1 .Achievement of Pass Grade A Pass grade is achieved by learner on meeting all the minimum requirements defined in the assessment criteria for each unit. 2. Achievement of Merit Grade To achieve a Merit grade learner must achieve a pass grade and also his/her essay/ assignment/coursework demonstrate his/her abilities and skills in the following areas: MI: Identify and apply strategies to find appropriate solutions. Effective Judgements have been made Complex problems with more than one variable have been explored An effective approach to study and research has been applied M2: Select/design and apply appropriate methods/techniques.Relevant theories have been applied A ran ge of methods and techniques have been applied A range of sources of information have been used The selection of methods and techniques/sources have been Justified The design of methods/techniques have been Justified Complex information/data have been synthesised and processed Appropriate learning methods/techniques have been applied M3: Present and communicate appropriate findings. The appropriate structure and approach has been used Coherent, logical development of principles/concepts for the intended audience A range of methods of presentation have been usedTechnical language has been accurately used Communication has been taken place in familiar and unfamiliar contexts The communication is appropriate for familiar and unfamiliar audiences and appropriate media have been used 3. Achievement of Distinction Grade To achieve a Distinction grade learner must achieve a merit grade and also his/her essay/assignment/coursework demonstrate his/her abilities and skills in the following Dl : Use critical reflection to evaluate own work and Justify valid conclusions. Conclusions have been arrived at through synthesis of ideas and have been JustifiedThe validity of results has been evaluated using defined criteria Self-criticism of approach has taken place sucess D2: Take responsibility for managing and organising activities. Autonomy/ independence has been demonstrated Substantial activities, projects or investigations have been planned, managed and organised Activities have been managed The unforeseen has been accommodated The importance of interdependence has been recognised and achieved D3: Demonstrate convergent/lateral/creative thinking. Ideas have been generated and decisions taken Self-evaluation has taken place Convergent and lateral thinking have been appliedProblems have been solved Innovation and creative thought have been applied Receptiveness to new ideas is evident Effective thinking has taken place in unfamiliar contexts Plagiarism and Collusion Any act of plagiarism and collusion will be seriously dealt with according to the regulations. In this context the definition and scope of plagiarism are presented below: ‘Plagiarism occurs when a student misrepresents, as his/her own work, the work, written or otherwise, of any other person (including another student) or of any institution.Examples of forms of plagiarism include: the verbatim (word for word) opying of another's work without appropriate and correctly presented acknowledgement; the close paraphrasing of another's work by simply changing a few words or altering the order of presentation, without appropriate and correctly presented acknowledgement; unacknowledged quotation of phrases from another's work; The deliberate and detailed presentation of another's concept as one's own. All types of work submitted by students are covered by this definition, including, written work, diagrams, designs, engineering drawings and pictures. ‘Collusion occurs when, unless with of ficial approval (e. g. in the case of group rojects), two or more students consciously collaborate in the preparation and production of work which is ultimately submitted by each in an identical, or substantially similar, form and/or is represented by each to be the product of his or her individual efforts.Collusion also occurs where there is unauthorised co-operation between a student and another person in the preparation and production of work which is presented as the student's own. (ibid)' If an extension is necessary for a valid reason, requests can me made using a course work extension request form available from the college. Please note that the lecturers o not have the authority to extend the coursework deadlines and therefore do not ask them to award a coursework extension.

Infection Control Research Paper Example | Topics and Well Written Essays - 2750 words

Infection Control - Research Paper Example The essay will explore some of the infections, their related causes and how as a medical facility can arrive at prevention of the infection. Infection control has been a topic in discussion for many years. It has been identified that infants and patients under surgical procedures suffers the highest risk of infection hence making surgical wound infection the second largest category of hospital-related infections. For example, Craven et al. found out that in most of Surgical Intensive Care Units (SICU), urinary tract infection, bacteremias and wound infections were major infections around patients. This is due to the antibiotics therapies given to patients, endotrachea tubes, arterial lines, central venous lines, and catheters they are attached to while still in SICU. Many experiments have been conducted to establish causes and magnitude of infections in hospital related infections. The studies have estimated that a quarter of the hospital-acquired infections involve ICU patients and about three quarters are related to microorganisms resistant to antibiotics. Depending on the type of infection, their frequencies, which are directly related to the effects it has on patients, differ. This difference is highly associated with mortality rate, cost of treatment and danger posed on the practitioners and the patients. Burke (2003) found that, urinary tract infections have the highest frequency of occurrence, lowest mortality rate, and lowest cost. This is followed by surgical sites infections in frequencies but third in cost, and finally pneumonia and bloodstream infections take the lowest frequency with the highest cost and mortality rate. However, frequencies and the magnitude of effect on mortality and cost keep on changing with time. For example, different studies have proved that urinary tract and surgical- site infections have been on decline. This could be due to increased surveillance and reduced stay in hospitals for the patients. Such studies gives a reason as to why the topic on infection control should be looked at more seriously if the world is to acquire minimum hospital-acquired infections. According to Burke (2003), infection control is a significant part of ensuring patient safety. This is because it ensures surveillance in the programs that are directly linked with the infections. The type of surveillance involved has been known to help medical practitioners as well as the patients to be aware of some of the dangers around them. This is attainable when policies on best practice in the medical field are changed to meet the demands of each exposure to infections. For example, policies like patient isolation to prevent nosocomial transmission need to be put in place if a minimum level of hospital related infections would be arrived at. Educating and protecting nurses, preventing transmissions of blood borne disease-causing organisms, ensuring the highest level of hand hygiene and providing practitioners with protective equipments also serves as part of the protective practices. It is important to look at th e environment around which the patients receive treatment; they should be free from any infections through regular disinfection of patient care items. Empirical Review Among the infections that have been widely discovered, bloodstream infections (BSI), urinary tract infections (UTI), surgical wound infection (SWI), nosocomial pneumonia, nosocomial bacteremia and surgical sites infection (SSI) take the lead in the order mentioned. They all occur in different frequencies and symptoms though there are some that occur without observable symptoms. For

Trends Related To the Social, Economic, Technological, Competitive, Assignment

Trends Related To the Social, Economic, Technological, Competitive, and Regulatory Forces that Relate to the Product or Service - Assignment Example According to the research findings, it can, therefore, be said that economic factors include interest rates, taxation changes, economic growth, inflation and exchange rates. The current economic slowdown ensures that clients will start focusing on alternatives which will save their energy bill in the long run. It has been observed that new technologies create new products and new processes. It may be observed here that solar installations have become must more cost-efficient in the least efficient. Continuous R&D has also ensured that cost of production of other energy conserving products has gone down. Greenomics has a distinct first-mover advantage as the market is still new for players to come in and set up shop. Since it is a very new market, Greenomics may enjoy unique benefits while negotiating with its suppliers and end clients. Regulatory factors are the biggest positives that Greenomics have and will continue to, encounter in their quest. With the current global trend favori ng carbon credit regulations and the move towards the ‘Green Office’, clients seem to be lined up for Greenomics! The most important factor that needs consideration while calculating the target market for Greenomics is the fact that the concept of a ‘Green Office’, is still a new concept. So there are no set benchmarks, no set pattern and no established rules concerning the use of energy efficient techniques. The market for Greenomics will consist of all interested in having in place energy-conserving techniques at a place. The initial customers will be comprised of offices who are interested in saving money on the power bill in the long run. A more conscious clientele will, however, emerge, who are concerned about the immense environmental costs associated with traditional energy and thus focus on better and more efficient methods.

Virtual stock exchange presentation Essay Example | Topics and Well Written Essays - 1250 words

Virtual stock exchange presentation - Essay Example The key to selling short in any way, shape, or form is to know when to buy into the market. In order to design and implement a strategy at the beginning of the semester, what will had to be taken into account was doing charting of what the market would look like in the semester ahead. Imagining we were able to tell the future, we could plot out when would be the best time to buy property based on the fact if the market was running high or low. If the market was running especially low, it would probably be a good time to buy in. One wants to buy in for a period of 18 months where it is mostly going to be seen as being low. This increases the chances that we, as the investor, would most likely be able to pick up a lot of properties using the $10,000,000-dollar cushion. It’s very possible that one will buy in at the right moment. After all, in this case the right moment has already practically been delineated for us. So, let us say that perhaps one buys in at the right moment. Th e next step is to amass as much property as possible while the values are still low. The same principle which holds true for selling stock on the stock market also holds true for real estate. Buy low, sell high. Now, the reason that companies not doing so well is good for other types of businesses is simple. When stock values are low, it is a good time to buy into those stocks because when stock prices rise, they will be worth more in value. Similarly, if one buys a lot of properties, but perhaps let us say that they are not particularly worth much at the time they are bought—it is untowardly possible, albeit untowardly, that the properties bought may escalate in value. When and if that happens, the investor seeks to make a profit. While values are low in stocks and in real estate, this is the investor’s dream. According to the article â€Å"Short Selling Stocks† (2010), â€Å"[One] can buy stocks and real estate relatively cheaply, since many people are in a b ad state of affairs financially, [and] will later reap the financial rewards of having taken advantage of the low prices. Investors will short stocks when [prices decline]† (pp. 1). One of the stocks which I should have made more money on was DreamWorks Animation. But, since I bought into the stock when it was at a high point, I made a mistake. According to Garcia (2011), â€Å"While the animated feature [â€Å"How To Train Your Dragon†] did capture the number one box office spot, ticket sales were below projections negatively impacting stock value†Ã¢â‚¬ ¦making [DreamWorks] lose about 9.2% of its stock value (pghs. 1, 4). Now, in the stock market, many times you may have heard buy low, sell high. So buying too high was my first mistake. Hopefully DWA stock will go up with the advent of the new Kung Fu Panda movie. I chose certain stocks for a reason at the beginning of the semester. My main four choices were DWA and NPSP (a pharmaceutical company), along with NF LX and HQP. I thought DreamWorks Animation would naturally do well because of its many hits at the movie box offices, and I thought the pharmaceutical company NPSP—NPS Pharmaceuticals—would do really well because of the fact that prescription drugs cost so much and are making these pharmaceutical companies millions. NFLX is Netflix, the company that has a mail-in DVD movie system, which I thought might be wildly popular due to the slow and timely death of Blockbuster. Health Quality Partners, or HQP, was a stock I thought would do well due to the

Introduction to Accounting & Finance Essay Example | Topics and Well Written Essays - 1000 words

Introduction to Accounting & Finance - Essay Example is that all the partners can be held liable for the acts of other partners which is done in the name of the firm that they form and a person may be held responsible for acts that he has not committed. (Business guide n.d.) An advantage of this business structure is that there are very little formalities in the establishment of the business and all the partners can pool their expertise and resources for a common purpose and profit sharing. (All business n.d.) Once the capital has been input by the firm, it will take 2 weeks for the raw material to be supplied to the firm and 6 weeks from there to manufacture the raw material and transform it in to finished goods. (Bized n.d.) During the period, i.e. after 2 weeks from the payment of raw material and 6 weeks from the date on receipt of raw material, the goods will be converted in to finished goods. They may face some blockage with the liquidity and the working capital as they have given the customers a credit period of 2 months and the suppliers a credit period of 1 month which means that the customers will take longer to pay for the goods while the suppliers will have to be paid in lesser time, therefore the firm will always be short of cash and will depend on the customers as to when they return the money only then they can produce more goods. This may cause some idle periods in the production as they will have to wait for the payment to be made to them. They can obtain a greater credit period from the suppliers which is longer than the period that they are offering their customers of try and reduce the credit period of the customers through renegotiation which will allow them to generate the cash from its customers and purchase more raw material will enable the production process to go on without any halt and the working capital will be available without interruption in the production. It cannot be said to be a correct representation of the company’s cash position at the end of October. This is because

Deism as a Worldview Essay Example | Topics and Well Written Essays - 2750 words

Deism as a Worldview - Essay Example divine revelations and holy books of revealed religion. Essentially, through the use of Reason, a belief in God is determined by the observation of the order and complexity found in nature and our own personal experiences of nature. The nature of God has been a point of contention for Deism because it has been defined as a religion that acknowledges a specific nature of God but in actuality it does not and leaves it up to the individual Deist to determine what they believe that nature to be. Overall, Deism is not a hard concept to understand as Deists use Reason and rational thought to develop their view on God, morals and life. [3] History : Deistic thinking has existed since ancient times (e.g., in philosophers such as Heraclitus and most especially Plato, who envisaged God as the Demiurge or 'craftsman') and in many cultures. The word Deism is generally used to refer to the movement toward natural theology or freethinking that occurred in 17th-century Europe, and specifically in Britain. Natural theology is a facet of the revolution in world view that occurred in Europe in the 17th century.[4] The 17th century saw a remarkable advance in scientific knowledge: the scientific revolution. The work of Copernicus, Kepler, and Galileo destroyed the old notion that the earth was the center of the universe and showed that the universe was incredibly larger than ever imagined. These discoveries posed a serious challenge to biblical authority and to the religious authorities, Galileo's condemnation for heresy being an especially visible example. In consequence, the Bible came to be seen as authoritative on matters of faith and morals but no longer authoritative (or meant... Deistic thinking has existed since ancient times and in many cultures. The word Deism is generally used to refer to the movement toward natural theology or freethinking that occurred in 17th-century Europe, and specifically in Britain. Natural theology is a facet of the revolution in a worldview that occurred in Europe in the 17th century. The 17th century saw a remarkable advance in scientific knowledge: the scientific revolution. The work of Copernicus, Kepler, and Galileo destroyed the old notion that the earth was the center of the universe and showed that the universe was incredibly larger than ever imagined. These discoveries posed a serious challenge to biblical authority and to the religious authorities, Galileo's condemnation for heresy being an especially visible example. In consequence, the Bible came to be seen as authoritative on matters of faith and morals but no longer authoritative (or meant to be) on matters of science. Isaac Newton's discovery of universal gravitati on explained the behavior both of objects here on earth and of objects in the heavens. It promoted a worldview in which the natural universe is controlled by laws of nature. This, in turn, suggested a theology in which God created the universe, set it in motion controlled by natural law, and retired from the scene. The new awareness of the explanatory power of universal natural law also produced a growing skepticism about such religious staples as miracles (i.e., violations of natural law) and about books, such as the Bible, that reported them.

Economics history Assignment Example | Topics and Well Written Essays - 500 words

Economics history - Assignment Example She explains this revolution to be a ‘quit revolution’ which she asserts as a slow and gradual process which didn’t jump by the steps but gradually changed the norms of market economy as well as the social norms and concerns about position of women in economy. As she describes, this change has not been only a part of economical circle instead it has changed the social norms too. However, she mainly focuses on the requirement of elastic labour and availability of various positions that women can easily fulfil. Also, she goes back in history to explore the roots of this revolution in three evolutionary phases which she relates and manifests as the backdraft of revolutionary change. Although, the overall process seems more like a reform, Goldin asserts the final uplifts and change in women employment, education and family as revolutionary. There are number of reasons she sees behind this revolution but mainly the difference of treatment and returns in labour market. The overall change of patterns she sees in the three evolutionary phases which brought women in a position from where increased participation in labour market came to appear as obvious. The deepest root for revolution she find in first quarter of twentieth century where woman played important roles in some limited jobs and tasks. Although, those women were poorly educated and had a very low relative income, yet they became a part of labour market generating considerable returns. Also this phase consisted most number of single woman participating in labour market. Social stigma regarding married woman also paid much to limiting the number of married women in labour market. Goldin explains this period to be the first evolutionary phase: Substantial social stigma regarding the work of wives outside the home existed due in large measure to the nature of the work. Jobs were often dirty, dangerous, repetitive, and long in hours per day and days per week (Goldin). Such situation diminished in

Enrons corporate ethics policies Research Paper Example | Topics and Well Written Essays - 750 words

Enrons corporate ethics policies - Research Paper Example The ethical dilemma that faced Enron involved satisfying shareholders interests and the need to service all the corporate constituents. Satisfying shareholders would attract more investors and create a good public image for the company, but it would be difficult to meet fully the greedy needs of those who contribute to the company’s operations; hence, a point of equilibrium was desirable to balance the two parties’ requirements. The 64-page code of ethics for Enron was founded on respect, integrity, communication, and excellence. Critiques have described Enron as having the culture of arrogance (McLean & Elkind, 2003). This culture of arrogance lured people to believe that they had the potential for handling greater risks without encountering any danger of incurring losses. The culture of the company was characterized by laxity in promoting the values of respect and integrity. The undermining of these values is evidenced by the company’s emphasis on decentralization, employee performance appraisals, and the discriminatory compensation programs. The Houston Natural Gas and InterNorth were merged on 1985 to form Enron (Niskanen, 2005). During the early 1990s, Enron sold electricity at market prices, but soon after the United States approved the legislation to deregulate the sale of natural gas, the markets made it possible for companies such as Enron to sell energy at comparatively higher prices. The objective of Enron was to achieve further growth; the company, therefore, pursued a diversification strategy. This led to the company operating and operated a variety of businesses across the world, which allowed Enron for the proliferation of crony capitalism. The financial statements of Enron were characterized by complexity and confusing to both analysts and shareholders (Niskanen, 2005. Enron’s complex business model required the company to use accounting limitations in misrepresenting earnings and modifying the balance sheet to

The American Revolution as a European Movement Essay Example for Free

The American Revolution as a European Movement Essay The American Revolution was and always will be the most important piece of history for the United States of America. It was definitely revolutionary. The Enlightenment of the eighteenth century was one of these paradigm historical shifts, challenging the traditional notions of authority by investing reason with the power to change the human condition for the better. The Enlightenment also shows that the American’s colonies were influenced by European ideals and political developments, and in turn the American’s colonies also influence Europe. Across the Atlantic, the Enlightenment had a profound impact on the English colonies in America and ultimately on the infant nation of the United States. â€Å"The Enlightenment challenged the role of religion and divine right and this helped Colonial America to see that it was possible to challenge the King and divine right. The movement challenged the role of God and allowed people to see that they were important and had the ability to shape their own lives. (â€Å"The Great Awakening†¦Ã¢â‚¬ , Journal) In many ways, the new United States was the Enlightenment, for its leaders could actually implement many of the ideas that European philosophers could only talk idly about. First, the Enlightenment helped to shape the colonies was in terms of religion. With the Great Awakening came a new understanding of America’s early relationship to God and the Church. Instead of one all-powerful church that almost required membership, Protestant ideals based on Enlightenment principles of free will and freedom from institutions allowed people to choose membership in a church rather than be forced into one. Although during the Enlightenment there was a very secular focus, in America this was not the case. The colonies were still very religious but they used the ideas of their freedom to choose that were based on the Enlightenment. Instead of being tied to one religious authority, there were many choices in the colonies and people had a right to choose how to establish and maintain their connection to God. Much of what colonists wanted to do with politics had a greater influence coming from Britain. Philosophers like Thomas Hobbes and John Locke both had great influence on American thinkers, with Locke being the more influential as Hobbes solution was not the thing the American founders wanted. Locke was far more optimistic, stating that all humans were capable and that they strove for the betterment of the world. John Locke believed that natural laws say that every person has certain basic rights, and he argued passionately for freedom of religion. He wrote that every person has the natural right to defend his â€Å"life, health, liberty or possessions. John Locke argued that because we have so much doubt about so many things, each person should have as much freedom as possible. Because we really don’t know the best way to organize and improve our society, all people should make their own decisions about what they want to do with their own lives. When Jefferson wrote the Declaration of Independence, he echoed Locke, writing about â€Å"life, liberty, and the pursuit of happiness have become the central themes of American Revolutionary philosophy. † (Morton, Joseph C, 143) The American Revolution had much influence beyond the political boundary of the new nation. Many liberal movements in Europe took heart from the accomplishment of the American Declaration of Independence, the war itself, and the creation of a new government to replace the British rule over the old colonies. Many peoples wished to either overthrow the idea of monarchy or, at least, establish a constitutional monarchy. The French Revolution was inspired by many of the ideals of the American Revolution When the French people heard of the revolt in America they realized they didnt have to live under tyranny. They started the revolution in hopes of becoming an independent country. The French fought alongside the Americans against the English to accomplish a democratic, independent nation and the declaration of independence France was bankrupt at the time, so the people were very poor. Meanwhile they saw their monarchs in all their wealth and began to see them as tyrants. The stories of the French soldiers that had fought in America, like the Marquis de Lafayette, loved the American notion of liberty and began to support similar reforms in France. As James mentioned â€Å"Lafayette was one of the first people to advocate a National Assembly, and he worked to make France a constitutional monarchy. †(James) Revolutionary ideas turned into real plans of attack. They wanted to rid themselves of a monarchy ruled by the royals, clergy and aristocrats. In conclusion, Enlightenment thinking, economics, and geography all helped in some way toward an American revolution. Also, Enlightenment thinking helps the American colonists to know what they want in a government.

Abstract Emerging Technologies Essay Example for Free

Abstract Emerging Technologies Essay Emerging Technologies and the use of Wireless technology in them is a growing demand and a reason for concerned for any IT department.Who ever pioneers this concept must be ready to evolve making fast and quick decisions both at lower and upper management.Allocating resources for equipment that will help meet the demand and also strategizing how the company will go forward.One thing that I have seen especially with the company that I work for which is a leading telecommunications company in the world is that there are still rules and procedures that were implemented during the end of the 2G era to the start of the 3G era. These were very successful during that time but currently they are absolute and they need to be replaced based on the current technology and current situations on the ground now. The importance of such procedures being investigated will help to focus the organisation on success and how to meet them.Since this is a competitive market how you move the company to respond to the growing market will help us maintain our market share and also grow our market share.Wireless technology is now a part of many households and am not referring to their cell phones.From Blue Ray players, TVs tablets ,cameras,refrigerators, rice cookers and the new cars are just a typical example of one household and all what they have and more that depends on wireless technology.How do we support all these devices making sure they have throughput and very little latency The objective is to bring the support and implementation part of these technology by asking the correct questions.How can we effectively deploy these technologies and the same time support them and provide the best customer service for our customers.We have to take a lot things into consideration when talking about the implementations. At what rates is the deployment going to take how much data will be allocated to customers based on need. Another important part also is are we going to be supporting some of these device like OnStar on Ford or we just provides the wireless and the end user does the support eg a PC.These are very important as there are contracts that have to be drawn to clearly specify where and when our responsibility starts and ends.

What Is Benetton Shock Advertising?

What Is Benetton Shock Advertising? Advertising is a means to communicate a product, service, or idea to a target audience. Companies use a variety of advertising forms: television, radio, newspapers, magazines, internet webpages, and word of mouth to send their message to the consumer. Companies use advertising to try to convince the target audience their product is what the consumer needs or is better than what is currently in use or is invaluable for everyday life. The focal point of most advertisements is the product that the company is trying to sell to the consumer. Advertising in the case of the Benetton Group change the way the world viewed advertising. The Benetton Group used shock advertising to promote their products. Benetton did not use their products in the advertisement, instead; they used graphic photos to grab the audiences attention. The company place their slogan and firm name United Colors of Benetton on the advertisements. The concept that Benetton was going for was to shock the audience with vivid photos that would capture the attention, good or bad. However, the company used this technique to insure that the audience remembers their name. This advertising worked. Benettons most known advertisement campaigns were: a dying AIDS patient, priest kissing nun T-shirt, a Bosnian soldier, enemies, military cemetery with Star of David, ship with refugees, HIV positive patient, gunman with bone, oil-polluted duck, and child labor. Benetton claim the campaigns derived from well-known causes that are of political or social in nature. The campaigns sparked a worldwide debate. Should a clothing manufacturer use such graphic advertising campaigns? Would there be legal ramifications? Would a profit result? The first company to employ shock advertising, The Benetton group truly shock the world with the intent to increase name recognition. The companys risk was astronomical. Would consumers, either disgusted or enthused, venture to see what Benetton was or just dismiss the advertising play? The Benetton group was counting on the shock advertising to boost their name recognition with consumers. The shock campaigns indeed created controversy throughout the world. The controversy was so great as evidenced in news articles, news television and on the internet. The Benetton group received free publicity, sparked by the debates on whether the company had the right legally or morally to use such graphic images and not the traditional advertising promoting the product that they sold. Lawsuits were filed clamming Benetton violated laws in Germany section one of the Law Against Unfair competition (Brandstaetter, ND, ¶28) along with violating human dignity. The German judge ruled that legally the advertising did not violate the law because competition can be classified by product or brand name. The German courts ruled that Benetton did not violate human dignity because photographs and pictures are one form of the expression of ones opinion (Brandstaetter,ND, ¶36). The Benetton group gained worldwide name recognition. The internet is key to many worldwide hatters of Benetton. One such blogger entitled their page Benetton A DISGRACE TO US ALL (Grimsbygal, 2001,). The blogger felt the need to voice disapproval and encourage boycotting Benettons products when shopping. Grimsbygal (the blogger) expresses that Benetton is insulting people and causing widespread offence with their shock campaign. Benetton brought wide controversy with repeating the shock campaign repeatedly. David Croth, a Brand Manager for a competing clothing brand, wanted to know what dose shock advertising has to do with clothing. Clothing products are the tamest product on the face of the planet. Do activists wear cute little tennis sets? (Brandchannel, 2003,  ¶2) Davide Giliati a graphic design student said, A company can only do so much shocking in a period of time, without boring the audience. (Brandchannel, 2003,  ¶5) Shock can bring attention to a company. However, over time the brand looks hollow if the product lacks edge, and shock is then seen as marketing puff without substance. (Brandchannel, 2003, ¶6) The Benetton Group claimed they were using social activism to base the shock campaigns. However, the risk of Benetton using activism in their campaign was alienating a large group of their target audience. Sears, Roebuck Co. stopped selling Benetton products in February 2000 because of threats of boycotts by victims rights groups. (Marketing New, 2000) Shock campaigns can bring huge public debate and brand recognition. Benetton became advertising pioneers because their social concerns were sincere and true to their core values. The question remained if such advertising could bring repeat customers. Unfortunately Benetton did not seem to take the opportunity its reputation brought to match cutting edge campaigns with cutting edge designs and so inevitably sales dropped. (Brandchannel, 2003,  ¶12) The bottom line for Benetton was that because of the controversial campaigns, their company joined the top five recognized trademarks of the world. (Brandstaetter, 1997, ¶41) Dale Lee, President of Smack Inc has stated that Benetton wasnt about cause marketing; it was about passion. Of course, you want to buy from a company with passion. That is what Toscani brought Benetton, and thats whats missing without him. (Brandchannel, 2003 ¶26) The Benetton group, in the sixties, developed a unique way to manipulate how they dye their sweaters giving them a competitive advantage. Benetton could dye their finished products to meet the changing fashion trends. Prior to this period of time, the company had to dye the unwoven fibers, taking longer to keep up with the ever changing fashion trends. The united colors concept spread from encompassing the different races to the ideas of tolerance, peace and respect for diversity. (UCB advertising presentation, nd,  ¶5) Olivero Toscani the creative mind behind Benettons shock campaigns brought to light that behind every great idea was a controversy and the world is better off because of this awareness. Art represents the edge and of course the edge cab makes people feel uncomfortable. But its also a matter of the person you are talking to: personally, I think the rain is uncomfortable. But try making that argument to a fish. Toscani (AdAge Global, 2001,  ¶12) Toscani states that sometimes advertising is art, but art is always advertising. (AdAge Global, 2001,  ¶16) Toscani comments that agencies get huge budges, but the money is wasted because the strategies are decided upon by managers, economists, accountants, and focus groups not the artists. In the past, patrons had the sense to tell Michelangelo what they wanted and they left it to him to decide how to do it. But it doesnt work that way anymore. Everyone thinks he can be an artist or at least tell the artist what he should do. (AdAge Global, 2001,  ¶21) I could agree and disagree with the way Benetton chose to advertise, however, my opinion is irrelevant because there will always be someone who will chose the opposite. Art, journalism, and advertising can in one form or another cross each others realm and should not make any one right or wrong. Art, journalism, and advertising are all born from a creative notion and expressed differently to meet the individual need. If an artist sees two women, kissing the artist might be inspired to paint a picture of the romantic act. If a journalist had seen the two same women kissing, would they be inspired to write about the women, maybe in the sixties when two women kissing had been taboo. Lastly, if an advertiser had seen the same two women kissing could the images inspire an advertising rationale of sex sells. Toscani makes two powerful points about logos the Renaissance was just advertising for the Vatican, and the cross is the most effective logo of its time and even the swastika was a logo, a powerful logo. (AdAge Global, 2001,  ¶17) Who has the right to chose what is right or wrong with Benettons advertising choices? No one, everyone has the right to agree or disagree with campaign tactics. The one thing nobody can deny is that the ads worked. When Toscani left Benetton, annual sales were more than twenty times greater than when they were when he arrived. (AdAge Global, 2001,  ¶14) The success of shock advertising for the Benetton group opened the doorway for other companies to use similar types of advertising campaigns. Nonprofit organizations have adopted versions of shock advertising, because nonprofit organizations have to compete with corporations that typically have larger advertising budgets to work with. Nonprofit organizations stand to benefit more from the viral effect these ads create. (Shock Advertising, 2009,  ¶1) The anti-smoking campaigns use strong but to the point methods like a photo on the back of a bus with a persons face with the mouth over the exhaust pipe representing exhaling a cigarette with the simple phrase that says Ready to quit? (Shock Advertising, 2009,  ¶2) Anti-smoking advertisements do not stop there they also have two different commercial, one where they are cutting a brain open to show an aneurism and the second where they have an artery and someone is squeezing buildup out of it. These advertisements may be considered gr oss but the ads communicate their point that smoking has many health risks. The campaign to stop drinking and driving uses shock advertising, they show a picture of a mangled car with a tarp covering a body beside the mangled car on a blood stained road, to point out the fact that drinking and driving can kill. During prom season many chapters of the stop DWI chapter will employee the assistance of high schools to allow them to put a mangled car in front of the school with a sign that says drink plus driving equals, implying the mangled car. Shock advertising pushes ethical and societal boundaries by publicizing images and ideas that are often culturally taboo or inappropriate. (Shock Advertising, 2009,  ¶5) In the case of two similar advertisements the first is a man and women in bed about to have unprotected sex, one asks the other how many partner have you had. The reply is only a couple and you only a couple. The bedroom then fills up with men and women with the caption unprotected sex means you are sleeping with everyone your partner has. Such nonprofit advertisement helps stop the spread of aids and other sexually transmitted diseases that requires the use of protection. The second was similar but contained two men with a similar outcome with the caption without a condom, this, along with AIDS, is who you make love with. Protect yourself. (Shock Advertising, 2009,  ¶8) Major corporations use Shock advertising in their training videos. Mc Donalds in the late eighties showed a training video of a young person losing a ring in to the deep fryer and reaching in to the fryer to retrieve the jewelry. Mead Westvaco has used videos with real people, one person reached in to a running machine and loosing fingers, another was changing a battery on a reach truck without safety equipment and having a battery explode covering the person in acid. Automobile manufacturers have used forms of shock advertising, taking an automobile and simulating a crash with crash test dummies crashing through the windshield, stating do not be a dummy buckle up, seatbelts save lives. Victoria Secrete had controversy with their television advertisements. Most women found that in a womens magazine the advertisements were fine. However, when the first Victoria Secrete advertisement aired on the television many married women were appalled that their husbands could see sexy models in slinky lingerie creating controversy. However, like with all shock advertisements the shock fades and the controversy either becomes part of everyday normality or goes away. Greenpeace has used a fun form of shock advertising in their stores. With every purchase made the customer receives a bag with an endangered animal on it with a hand reaching up to the handle holes so when the bag is carried the appearance is that the endangered animal is holding their hand. The caption on the bag says, Give me your hand, Greenpeace. (Shock Advertising, 2009) Advertisers strive to meet the demand of their customers with shock advertising like the anti-smoking advertisements and Greenpeace, and traditional advertising. However, advertisers will never meet the demand of every demographic, the best they can do is hope they send the message through to a specific target audience. The creation of shock advertising by the Benetton group created by Olivero Toscani lasted eightteen years when Benetton and Toscani parted ways. The reason for the separation is not clear, because neither Benetton nor would Toscani comment. The speculation was because of the controversy surrounding Toscanis Death Row campaign. The state of Missouri sued Toscani and Benetton for misrepresenting themselves while interviewing four death row inmates in that state. (AdAge Global, 2001,  ¶4) Toscani wife commented after so many years, the decision was mutual she also said it had nothing to do with the death penalty campaign. (Marketing New, 2000,  ¶2) Benettons choice to drop shock advertising has caused a decline in sales. However, there really is no way to tell if the decrease in sales is because of the change in choice of advertising. Benetton could never replace Toscani and if they had continued the shock campaigns, the company still would not be the same. Benettons choice might be beneficial for them in the long- run as long as they invest in their products.

Unions Essay -- essays research papers

WHY HAVE UNIONS WITNESSED A DECLINE IN MEMBERSHIP IN RECENT YEARS? ITRODUCTION WHAT ARE UNIONS? UNIONS ARE INFLUENTIAL AND BROADLY BASED ORGANIZATIONS WHICH REPRESENT IT’S MEMBERS, WHO ARE USUALLY EMPLOYEE’S. THEY HAVE BEEN AROUND FOR A LONG IN AUSTRALIA AND EXPERIENCED MIXED RESPONSES FROM THE GENERAL PUBLIC AS WELL AS EMPLOYER’S. OBJECTIVES OF A UNION: THE PRIMARY OBJECTIVE OF A UNION IS TO PROVIDE OR IMPROVE THE WELL-BEING OF IT’S MEMBER’S. IT WAS FORMED TO COUNER THE SUPERIOR ECONOMIC POWER OF EMPLOYER’S. IT’S MOST IMPORTANT FUNCTION IS TO MAXIMISE WAGES AND SALARIES SUBJECT TO CERTAIN EMPLOYMENT CONSTAINTS AND TO RAISE THE ECONOMIC CONDITIONS UNDER WHICH WORK IS DONE. WHY DO EMPLOYEE’S JOIN UNONS? AN EMPLOYEE CAN BE MOTIVATED BY INSTUMENTAL CONSIDERATIONS, IDEOLOGICAL BELIEFS OR SIMPLY COMPULSION, BUT THERE SEEMS TO BE 3 MAJOR FACTORS THAT LEAD EMPLOYEES TO BE UNIONIZED: DISSATISFACTION WITH THE ECONOMIC ASPECTS OF THE JOB DESIRE TO INFLUENCETHOSE ASPECTS OF THE WORK ENVIRONMENT THROUGH UNION ORIENTATED MEANS BELIEF THAT BENEFITS OF UNIONISM OUTWEIGH EXPECTED COSTS MOST COMMONLY, EMPLOYEE’S JOIN BECAUSE OF THEIR COMMITTMENT TO THE VALUES OR PRINCIPLES OF UNIONISM. (INDUSTRIAL RELATIONS- A CONTEMPORARY ANALYSIS, DEERY S., PLOWMAN D., WALSH J. P 7.16) WHY ARE UNIONS WITNESSING DECLINE? THERE ARE MANY POSSIBLE REASONS TO SUGGEST THE DECLINE IN MEMBERSHIP BUT 3 FACTORS STAND OUT: 1.) CHANGING COMPOSITION OF EMPLOYMENT - PRIVATE AND PUBLIC SECTOR MOST OF THE EMPLOYMENT GROWTH THAT OCCURED IN THE AUSTRALIAN ECONOMY IN THE 80’S AND 90’S WAS CONFINED TO THE PRIVATE SECTOR WHOSE UNION DENSITY RATE OF 25 % WAS CONSIDERABLY LOWER THAN THAT OF THE PUBLIC SECTOR WHICH WAS 56 %. IT WAS ESTIMATED THAT PUBLIC ENPLOYMENT FELL ALMOST 8 %. - STUCTURAL CHANGES IN THE MIX OF INDUSTRIES, SECTORS AND OCCUPATIONS. A CONTINUING DECLINE IN THE MANUFACTURING SECTOR TO OTHER SECTORS IN THE INDUSTRY. THE PROLIFERATION OF NON REGULAR FORMS OF EMPLOYMENT, PARTICULARLY CASUAL JOBS AND SELF-EMPLOYMENTAT THE EXPENSE OF TRADITONAL FULL TIME JOBS. BUT UNIONS ARE SEEMED TO BE BLAMED FOR THE LOW LEVEL REPRESENTATION OF CASUALS. UNIONS DO NOT RECRUIT CASUALS AS ASSIDUOUSLY AS FULL TIMERS, BECAUSE UF THE HIGH ORGANIZATIONAL COSTS INVOLVED. - SIZE OF THE FIRMS 70 % OF SMALL WORKPLACES WITH 5-19 EMPLOYEE’S HAD NO UNION MEMBER’S COMPARED WITH ONLY 4 % OF LARGE WOR... ...AND THEREAFTER FROM 1901 UNTIL 1921 WHERE UNION MEMBERSHIP GREW FROM VIRTUALLY 0 TO MORE THAN HALF OF THE AUSTRALIAN WORKFORCE, AND AGAIN A SLUMP UNTIL 1924. AS RESTRUCTURING IS IMPORTANT AND VITAL TO UNION MOVEMENTS, IT IS TIME CONSUMING AND IS A PROCEDURE WHICH HAS TO BE SLOWLY PHASED IN, DUE TO THESE FACTORS IT IS REGARDEDAS LONG TERM AND CANNOT BE CORRECTED OVERNIGHT. TO CONCLUDE, WE HAVE LOOKED AT ALL THE REASONS CONTRIBUTING TO THE DECLINING UNION MEMBERS IN AUSTRALIA. IN SPECULATION IT CAN BE SEEN THAT WHEN THIS DECLINE STARTED, WHAT CONTRIBUTED TO THE DECLINE AND THE EFFECTS SUFFERED BY UNIONS BECAUSE OF THIS DECLINE. BY COMPARING AUSTRALIA’S MEMBERSHIP DECLINE TO THAT OF OTHER COUNTRIES FACED WITH THE SAME PROBLEMS, IT CAN BE SEEN THAT THE FALL OF MEMBERSHIP HAS BEEN MODERATE. AS THIS PAPER OUTLINES, ALL THE VARIOS CAUSES CONTRIBUTING TO THESE PROBLEMS AND THE DIFFERENT SECTORS IN THE INDUSTRY FROM WHICH THESE PROBLEMS ORIGINATE, IT IS SAFE TO SAY THAT UNIONS ARE FACED WITH A DIFFICULT TASK OF RESTRUCTURING, BUT AS IN THE PAST WHERE THERE HAS BEEN DECREASES AND INCREASES IN UNION MEMBERSHIP, TIME WILL SHOW THE UNPREDICTABLE SHIFTS IN UNION MEMBERSHIPS IN AUSTRALIA.

Suicide Essay -- essays research papers

Suicide is the third leading cause of death for people age 15 to 24. Accidents are number one and homicide just passes up suicide and come in second. According to the National Mental Health Association, â€Å"Each year, almost 5,000 young people, ages 15 to 24, kill themselves. The rate of suicide for this age group has nearly tripled since 1960†¦Ã¢â‚¬ (1). More and more teenagers are being pushed to the edge, as explained in the story of eighth grader, Luis. Luis was the skinniest eighth-grader in his class. He also wore glasses and had braces on his teeth, and the other students picked on him every day. They thought it was fun to push Luis into lockers and steal his money, because he was too weak to fight back. The teachers never did anything about it. "I should just kill myself," he thought, "then they would be sorry." He pictured them all at his funeral, wishing they had been nicer to him. After one very hard day at school, Luis decided it was time to teach them a lesson. He swallowed about twenty sleeping pills. Then hey just lay on his bed and felt glad that the other kids were going to regret making his life so hard (Schleifer 25). Teen suicide effects everyone; whether friends, family, or peers. There are many things that cause the need for suicide; there are many obvious warning signs, and also many ways to prevent someone from committing suicide. Even though most teens know that suicide is not a good way to solve their problems, there are many things that just push teens over the edge and cause them to commit suicide. Teens often feel alone, abandoned, ignored, or rejected and they feel that the only way to get some attention is to try to kill themselves. A feeling of hopelessness, depression, low self-esteem, and feeling like a failure are all of the main reasons why suicide is committed so often. Pressure can come from family, work, school, or friends to try to do better then the teen can actually achieve. Everyone knows how it feels to be close to someone and when that relationship is shattered, so is the person's esteem. When breaking up with a significant other, teens often feel very alone and that life can't go on without that other person who is now missing in their life. Even if that important relationship wasn't a romantic relationship, it can still greatly affect a person. If a teen moves away or has a close friend move away, th... ...no one can talk them out of it. Most of the time teens don’t want to die; they are just trying to reach out for help. If you try to help them, they will probably not go through with it. Talking to a depressed friend or family member about suicide will not put ideas in their heads. If anything, they may have been considering suicide and will most likely not go through with it if you talk about their problems with them. According to Suicide Wise, â€Å"The attempted suicide rate for high school females is more than twice as high as for males†(6). Teen suicide is a very hard thing to deal with considering there are many causes, effects, and ways to prevent suicides from happening to those who are close to us. A way to summarize what all of the possible causes for suicide are, is pretty much anything that would make someone very sad, depressed, or just very stressed out. Teens who feel they need to commit suicide often leave warning signs that are very obvious. They are just looking for someone to talk to and somewhere to get help with their problems. Suicide is the ultimate act of selfishness because teens do not understand how many people they are hurting by carelessly ending their life.

Theme of Isolation in Dekkers Blink and Taylors Julie :: essays research papers

Many people experience isolation throughout their lives. Isolation is withdrawal from society or feeling of being disconnected from a certain group. Why is there isolation? What causes isolation? What might it lead to? There are various factors that can lead to isolation. People can be easily isolated by their knowledge, background or by their differences. There are effects that can also occur due to isolation. There are a lot of questions regarding isolation and alienation. There are literatures and novels relating to this issue such as Blink and Julie. Blink is written by a famous author named Ted Dekker. The main theme of the book is about romance between two isolated characters. University student Seth Border, who is well known for his intelligence, falls in love with the princess of Saudi Arabia, Miriam Fahd. Seth develops the ability to predict the future as he come across Miriam. It is ironic that his name, Seth, means appointed or to be chosen (Origin and Meaning of the name Seth). He is given extremely high intelligence and is chosen to have supernatural power which eventually leads to isolation. As for Miriam, she escapes from Saudi Arabia, because she could not adapt to the environment and treatment of women in her society. She decides to go to United States for freedom. However, she feels more isolated in United States because she did not know anyone there. This is when she meets her destiny, Seth Border. Julie is one of brilliant novels written by well-known Canadian author Cora Taylor. Julie Morgan is the main character of this novel. She also has the ability to predict the future just like Seth. The difference between them is that she has this ability since birth. She is very emotional and sensitive. Her timidity causes isolation in her life. She believes that things she dreams about is true, however, her family think she is just too creative. She becomes doubtful and withdraws herself from society. Julie and Blink have a lot of things in common. Both involve characters with special ability to predict the future. Julie Morgan and Seth Border they are both very smart. For this reason, they are isolated. Julie and Seth have problem adapting to their environment which is another factor that has isolated them. They both go through unbearable pain, betrayal and other family problems. This eventually causes them to isolate themselves. On the other hand, Miriam, Seth’s lover, experiences alienation because of her ethnic group.

Culture Clashes in Multi-Cultures Essay

In 21st century the most visible fact about society is that they comprise too many types of culture in it together. This is due to the cultural and physical wars which have existed for million years between big communities and also every single little one included in them. This multi-cultural structures societies are usually the return of the colonialism. Big and strong communities having the little and weak ones as colonies enforce them to live with each other who have different types of cultures and traditions.On the other hand multi-cultured societies also are consisting of different types of people who chose to live in the same area because of being suitable for life, having many chances for jobs and prosperious consumption and manifacturing. Sometimes this groups of people adapt to the situation but sometimes they create contrariness and clashes. Kofi Annan, who is the Former Secretary-General of the United Nations uttered that in closly interconnected peoples the inter-cultural dialogue and respect for diversity form the principals of them. His point of view explains that if people strive to understand each other, listen each other and don’t refuse before hearing their beliefs, traditions and protocols, respect other’s thoughts and accept that everyone can have different characteristics and beliefs make closly interconnected groups more comfortable and peaceful. If people don’t obey and accept this respectance then it is definite that clashes will occur in the society. Because human nature is prone to be conqueror in all of the conflicts and struggles. Because we love to win, be justified and prepondarent. When everyone thinks that they are right then a clash occurs because people tend to close their ears to hear all of the other different point of views and thoughts. Because of misunderstandings and dis agreement between the cultures a terrific drama is observed. The political scientist Samuel Huntington thinks that people’s cultural and religious identities will be the primary source of conflict in the post Cold-war world. This shows even the science took culture clashes as a notion and this highlights the severity of it, and what it can bring. In my opinion these clashes are caused by the narrow-minded people. In the past, way before the french and industrial revolution it is so hard to see people who think logically and open-minded. After the efficient developments people changed and improved art, philosophy, psychology and science. Unfortunately these improvements couldn’t and still can’t affect some group of people especially the uneducated population. Because of this group having limited point of view they reject the diversity of people and cultures. And results can be both national and universal. After the struggles between the groups in the same society rebellion can be occur and convulse the government’s discipline. And also because of the idea that wants everyone same as themselves creates the ambition of enforcing other’s to be like them sometimes by wars and sometimes by financial strength. In my opinion the best way to resolve culture clashes is to educate public more and instruct them to be open-minded and respected toward new ideas, beliefs.

Gold Price and Effect on Stock Exchange

Gold Price Volatility and Stock Market Returns in India P K Mishra Faculty in Economics, Siksha O Anusandhan University, Orissa, India E-mail: [email  protected] com J R Das Faculty in Management, Siksha O Anusandhan University, Orissa, India E-mail: j. [email  protected] co. in S K Mishra Faculty in Economics, TITE, Orissa, India E-mail: [email  protected] co. in Abstract The study of the capital market of a country in terms of a wide range of macroeconomic and financial variables has been the subject matter of many researches since last few decades. Recently one such variable, that is, gold price volatility has attracted the attention of many researchers, academicians and analysts. Thus, this paper is an attempt to analyse the causality relation that may run between domestic gold prices and stock market returns in India. The study by taking into consideration the domestic gold prices and stock market returns based on BSE 100 index, investigates the Granger causality in the Vector Error Correction Model for the period January 1991 to December 2009. The analysis provides the evidence of feedback causality between the variables. It infers that the Gold prices Granger-causes stock market returns and stock market returns also Granger-causes the gold prices in India during the sample period. Thus, both the variables contain some significant information for the prediction of one in terms of another. Keywords: Gold Price, Stock Market Return, BSE 100 Index, India, Volatility, Causality JEL Classification Codes: C22, C32, E44 1. Introduction The study of the capital market of a country in terms of a wide range of macro-economic and financial variables has been the subject matter of many researches since last few decades. Empirical studies reveal that once financial deregulation takes place, the stock markets of a country become more sensitive to both domestic and external factors. And, one such factor is the price of gold. From 1900 to 1971, with the global systems of gold standard and USD standard, gold price was regulated. But, since 1972, gold has been disconnected from the USD. Particularly in 1976 when the International Monetary Fund (IMF) passed Jamaica Agreement, did gold begin to evolve from currency to ordinary merchandise and since then gold price as been determined by market supply and demand. And, in India, the government started the process of globalization and liberalization since 1991 which allowed prices to be determined by the market forces. Gold Price Volatility and Stock Market Returns in India 48 Since then, the government has been taking a number of steps to reform the gold sector and ensure that India benefits from the demand-influence that it has on the gold business internatio nally. The liberalisation of the gold sector has been made in stages; first allowing a number of banks to import gold – braking the monopoly of the State Trading Corporations; then considerably reducing the import duty – destroying a lucrative parallel smuggling channel and now, allowing traders, manufacturers as well as investors to trade in gold futures in India itself. Figure 1: Annual Price Movement of Gold in Indian Market Prior to the introduction of liberalization and globalization policies, gold prices in India showed an increasing trend (Fig. 1). In the post liberalization period, the average annual prices of gold also showed an increasing trend from the year 1991 to 1996. But, it showed a decreasing trend in 1997 and 1998 and again showed an increasing trend in the year 2000. From 2000 to 2009, gold prices are continuously increasing. The domestic gold price in India is continuously increasing due to its heavy demand in the country. There are several reasons gold has high demand in India. The first reason is security; gold offers full security as long as it is retained by central banks. There is no credit risk attached to gold. Secondly, gold is able to maintain its liquidity even at times of crisis situations like high global inflation or political turbulence. The third reason for holding gold is to build a diversified portfolio. Gold also has taken the role of an asset of last resort. World Economic History shows that countries have repeatedly used gold as security against loans when they have had difficulties with their Balance of Payments and have felt the need to borrow on the international capital markets. The domestic gold prices in India are associated strongly with the import parity prices which are determined by the global spot prices, Dollar-Rupee rate and local taxes and levies. Any change in the global prices gets transmitted very quickly and gets reflected in domestic prices, particularly for countries like India who are price takers in gold with a major part of the demand met by imports. The twin factors, namely, (i) increase in global spot gold prices (as the commodity becomes dearer to those looking for safe haven during times of economic crisis, and (ii) appreciation of USD against INR, led to sharp rise in gold prices in India in the recent past. Moreover, the total annual supply of gold across the globe has also decreased from 4037 tons in 2002 to 3380 tons in 2008. India is a large buyer of gold at about 700-800 tons per annum. It also recycles about 200 tons of gold out of old jewellery. A large chunk of Indian imports is used for jewellery exports. Since the gold prices in India are influenced by international factors, its volatility is very important. Volatility involves short term – monthly, weekly or even hourly fluctuations in gold prices as measured by their absolute percentage changes during a particular period. If we look at the rolling 49 P K Mishra, J R Das and S K Mishra standard deviation of monthly gold prices since 2000, the prices are more volatile after July 2007 which is almost the same time when the slow down started in USA as a result of the sub-prime crisis (Fig. 2). Figure 2: Standard Deviation of Gold Price in India A look at the historic data brings out that when the stock market crashes or when the dollar weakens, gold continues to be a safe haven investment because gold prices rise in such circumstances (Gaur and Bansal, 2010). It is no surprise that many investors, big and small have chosen to hedge their investments through gold at the time of crises. Figure 3: Movement of Gold Price and BSE 100 Index 20000 16000 12000 8000 4000 0 92 94 96 98 00 02 04 06 08 BSE100 GOLDPRICE Gold prices have been on an uptick since 2000, while the stock market declined from 2000 to 2003 and then again in 2008 (Fig. 3). In 2008 when the market was suffering from bearish phase worldwide, gold prices spiked as panic spread across global markets. So far since March 2009 in India signs of recovery in the stock markets have emerged. At the same time gold continues to forge ahead, Gold Price Volatility and Stock Market Returns in India 50 lbeit at a slower pace. In 2008, the two assets prices – equity and gold, were moving in opposite directions, displaying the ability of the yellow metal to protect one's portfolios at the time of a dip. In fact, during each of the two prolonged bear phases (lasting at least a year) over the past decade, gold has provided an effective hedge. However, in India stocks do not seem to be perceived as an alternative to gold. The reason for holding gold is, to a large extent, guided by the individual sentiments. The gold investing habits of Indians strongly ingrained in the Indian Social Psyche. In India gold has been held by individuals for years and have passed hands of many generations. In addition, the equity culture in India is not as developed as in some other parts of the world. Gold has not yet lost its prime importance as a hedge against loss of wealth in times of crises. It is with this backdrop, this paper proceeds to investigate the direction of causality between domestic gold prices and stock market returns in India. The rest of the paper is organized as follows: Section II explains the data and methodology, Section III makes the analysis, and Section IV concludes. . Data and Methodology This paper aims at investigating the dynamic relationship between gold prices and stock market returns in India for the period 1991 to 2009. This study is mainly based on secondary data that have been collected from the database on Indian economy maintained by Reserve Bank of India. The study analyses the monthly data on domestic gold prices and stock market returns in India for the aforesaid period. Wherever data were missing, the averages of the data of the previous month and next month have been taken. The monthly stock market returns ( Rt ) based on BSE 100 Index have been calculated by the ? I ? Rt = log ? t ? ? I t ? 1 ? where I and I are the logarithmic difference change in the BSE 100 Index, i. e. , t t ? 1 closing value of monthly BSE 100 Index at time ‘t’ and‘t-1’ respectively. At the outset, the Karl Pearson’s correlation coefficient between the aforesaid time series has been calculated and its significance has been tested by the t-test. The correlation coefficient has been calculated by using the formula: N ? XY – (? X)(? Y) r= N ? X 2 – (? X)2 N ? Y 2 – (? Y)2 And, the significance of this correlation coefficient has been tested by the t-test using the tr n? 2 under the null hypothesis H 0 : ? = 0 against the alternative hypothesis of statistic t n ? 2 = 1? r2 H1 : ? ? 0 with n-2 degrees of freedom. If the calculated value of t exceeds the critical value of t, then the null hypothesis will be rejected; otherwise accepted. Then the Granger causality between the variables has been investigated in the Vector Error Correction framework. And, as the essential steps of Granger Causality test, the stationarity and cointegration between variables have been found out. The Augmented Dickey-Fuller unit root test has been used to examine the stationarity of the time series of the study and to find the order of integration between them. The ADF unit root test has been performed by estimating the regression: ? Yt = ? 0 + ? 1Yt ? 1 + ? ? j? Yt ? j + ? t j=1 p The ADF unit root test is based on the null hypothesis H 0 : Yt is not I(0) . If the calculated ADF statistic is less than the critical value, then the null hypothesis is rejected; otherwise accepted. If the 51 P K Mishra, J R Das and S K Mishra variable is stationary at level, the variable is said to be integrated of order zero, I(0). If the variable is non-stationary at level, the ADF test can be utilised and the first difference of the variable can be used for testing a unit root. In this case, the variable is said to be co-integrated of order one, I(1). In the second step, the Johansen’s cointegration test has been applied to check whether the long run equilibrium relation exists between the variables. The Johansen approach to cointegration test is based on two test statistics, viz. , the trace test statistic, and the maximum eigenvalue test statistic. i = r +1 The trace test statistic can be specified as: where ? i is the i th largest eigenvalue of matrix ? and T is the number of observations. In the trace test, the null hypothesis is that the number of distinct cointegrating vector(s) is less than or equal to the number of cointegration relations ( r ). The maximum eigenvalue test examines the null hypothesis of exactly r cointegrating relations against the alternative of r + 1 cointegrating relations with the test statistic: ? max = ? T log(1 ? ?r +1 ), where ? trace = ? T ? log(1 ? ?i ), k ?r +1 is the (r + 1)th largest squared eigenvalue. In the trace test, the null hypothesis of r = 0 is tested against the alternative of r + 1 cointegrating vectors. At the end, the Granger Causality test has been used to determine whether one time series is useful in forecasting another thereby finding out the direction of relationship between the variables of the study. In the Granger Causality test, the vector of endogenous variables is divided in two sub-vectors, Y1t and, Y2t with dimensions K1 and, K 2 respectively, so that K = K1 + K 2 . The sub-vector Y1t is said to be Granger-causal for Y2t if it contains useful information for predicting the latter set of variables. For testing this property, the levels VAR following form without exogenous variables of the model is considered. A 0 Yt = A1Yt ? 1 + †¦Ã¢â‚¬ ¦ + A p +1Yt ? p ? 1 + B0 X t + †¦Ã¢â‚¬ ¦ + Bq X t ? q + C*D*t + u t If that model contains p + 1 lags of the endogenous variables as in the above model, the test is based on a model with p + 2 lags of the endogenous variables, ? Y1t ? p + 2 ? ?11,i ? 12,i ? ? Y1,t ? i ? ? u1t ? ? ? Y ? + CD t + ? ? ? Y ? = ? ? 2t ? i =1 ? 21,i ? 22,i ? ? 2,t ? i ? ? u 2t ? as proposed by Dolado and Lutkepohl (1996). The null hypothesis that Y1t is not Granger-causal for Y2t is tested by checking the null hypothesis ? 21,i = 0, i = 1, 2,†¦. , p + 1 A Wald test statistic, divided by the number of restrictions pK1K 2 , is used in conjunction with an F(pK1K 2 , KT ? n * ) distribution for testing the restrictions. Here n * is the total number of parameters in the system (Lutkepohl, 1991), including the parameters of the deterministic term. Of course, the role of Y1t and Y2t can be reversed to test Granger-causality from Y2t to Y1t . 3. Empirical Analysis It is clear from the Fig. 3 that the direction of movements of gold prices and BSE 100 Indices in India is same. The value of Pearson’s correlation coefficient (r) between these two time series over the period 1991 to 2009 is 0. 873. To test whether this value of ‘r’ shows a significant relationship between two time series, student’s t-test has been used. The null hypothesis of the test is r = 0 against the alternative of r ? 0. Since the t-statistic at 226 degrees of freedom is 26. 9 and the critical value of t at 5% level of significance is less than it, the null hypothesis is rejected. So, it can be said that the correlation between gold prices and BSE 100 indices is statistically significant. Gold Price Volatility and Stock Market Returns in India 52 Thus, it seems that gold prices and stock market returns based on BSE 100 Index are significantly correlated. And, computation reveals that the value of ‘r’ is 0. 0143 between them which is not statistically significant for the t-statistic of 0. 217 at 226 degrees of freedom. So it can be said that although gold prices and BSE 100 Indices are significantly correlated, the correlation between gold prices and stock market returns based on BSE 100 Index is not significant. But much interesting results have been obtained from the Granger Causality test. The Granger causality test presumes that the given time series are stationary. The Augmented Dickey-Fuller unit root test has been used for this purpose. And, the results of such test are reported in Table 1. Table 1: Results of Augmented Dickey-Fuller Unit Root Test ADF Statistic -14. 61 Critical Values At 1%: -3. 459 At 5%: -2. 874 At 10%: -2. 573 At 1%: -3. 459 At 5%: -2. 874 At 10%: -2. 573 Decision Reject Null hypothesis of no unit root Variables in their First Differences Gold Prices Stock Market Returns -12. 01 Reject Null hypothesis of no unit root It is clear from the Table 1 that the hull hypothesis of no unit roots for both the time series are rejected at their first differences since the ADF est statistic values are less than the critical values at 10%, 5% and 1% levels of significances. Thus, the variables are stationary and integrated of same order, i. e. , I(1). In the next step, the cointegration between the stationary variables has been tested by the Johansen’s Trace and Maximum Eigenvalue tests. The results of these tests are shown in Table 2. The Trace test indicates the existence of two cointegrating equatio ns at 5% level of significance. And, the maximum eigenvalue test makes the confirmation of this result. Thus, the two variables of the study have long-run or equilibrium relationship between them. Table 2: Results of Johansen’s Cointegration Test Sample: January 1991 to December 2009 Included observations: 225 after adjustments Trend assumption: Linear deterministic trend Series: Gold Prices and Stock Market Returns Lags interval (in first differences): 1 to 2 Unrestricted Cointegration Rank Test (Trace) Trace 0. 05 Eigenvalue Statistic Critical Value 0. 264883 83. 69901 15. 49471 0. 062248 14. 46069 3. 841466 Hypothesized No. of CE(s) None * At most 1 * Prob. ** 0. 0000 0. 0001 Trace test indicates 2 cointegrating eqn(s) at the 0. 05 level * denotes rejection of the hypothesis at the 0. 5 level ** MacKinnon-Haug-Michelis (1999) p-values Unrestricted Cointegration Rank Test (Maximum Eigenvalue) Hypothesized Max-Eigen 0. 05 No. of CE(s) Eigenvalue Statistic Critical Value None * 0. 264883 69. 23832 14. 26460 At most 1 * 0. 062248 14. 46069 3. 841466 Max-eigenvalue test indicates 2 cointegrating eqn(s) at the 0. 05 level * denotes rejection of the hypothesis at the 0. 05 level ** MacKinnon-Haug-Michelis (1999) p-values Prob. ** 0. 0000 0. 0001 53 Table 3: Results of Granger Causality Test P K Mishra, J R Das and S K Mishra Null Hypothesis Gold Prices do not Granger Cause Stock Market Returns Stock Market Returns do not Granger Cause Gold Prices F-Statistic (73, 12) 11. 678 32. 997 Probability 0. 000 0. 000 Decision Reject Reject Now, the Granger causality test can be performed to determine the direction of causation between these two variables in the Vector Error Correction Model. The results of the Granger causality test are reported in Table 3. It is inferred that the null hypothesis of â€Å"Gold Prices do not Granger Cause Stock Market Returns† and â€Å"Stock Market Returns do not Granger Cause Gold Prices† are here clearly rejected. Thus, both the variables contain some significant information such that they cause each other. But it is very interesting to note that these two variables are insignificantly correlated, i. e. , a very low degree of correlation holds between them. During the period of global financial crisis, stock markets crashed but gold price continues to increase in the country. This could be explained as follows. The extent of holding of gold in India is widespread but stocks are not held by all, though retail participation in the Stock Markets might have gone up in the last few years. Indians consider gold the safe haven investment as a financial asset and as jewellery. World Gold Council Report says that India stands today as the world’s largest single market for gold consumption. Traditionally, gold has been more attractive than bank deposits, stocks and bonds. In developing countries, people have often trusted gold as a better investment. In many countries including India, gold remains an integral part of social and religious customs, besides being the basic form of savings. But recently many innovative financial products have been lunched relating to gold. In March 2003, the first Gold Exchange Traded Fund, i. e. , Gold Bullion Securities was launched on the Australian Stock Exchange. Now, gold exchange traded funds are being traded like shares on the major stock exchanges including London, New York and Sydney. In India the first gold ETF was launched in March 2007 by Benchmark Mutual Fund. And, the UTI gold ETF has emerged as the best performer since May 2009. The number of new accounts created by Gold ETFs in India surged 57% between March and September 2009. The overall AUM in Gold ETFs at the end of December 2009 was Rs 1,352 crore, up from Rs 717 crore in April 09. It shows that Indian investors are gradually moving into gold ETFs for investment instead of physical form. Recently derivatives such as gold forwards, futures and options have become very popular and have been traded on various exchanges around the world and over-the-counter directly in the private market. In the USA, gold futures are primarily traded on the New York Commodities Exchange. In India, the National Commodity and Derivatives Exchange introduced 100 gram gold futures in November 2006. The volume of Gold futures traded in this exchange during January to August 2007 was 4,479,114 which have been increased to 9,038,795 in January to August 2008. It is thus inferred that Indians have started considering gold more than jewellery and as good as investments on bonds and equities. Perhaps, this explains the co-movement of gold prices and stock prices in the aftermath of global financial crisis. Gold Price Volatility and Stock Market Returns in India 54 4. Conclusion This paper examines the gold price volatility and the causality between domestic gold prices and stock market returns in India for the period 1991 to 2009. The study uses monthly data on the defined time series. The required data have been collected from the database of Reserve Bank of India. The Augmented Dickey-Fuller test says that the time series of the study are stationary and all integrated of order one. The Johansen’s cointegration test reveals that there exists long run equilibrium relation between gold prices and stock market returns in India. 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