The Integumentary System Essay Example

The Integumentary System Essay 5 The Integumentary System FOCUS: The integumentary system consists of the skin, hair, nails, and a variety of glands. The epidermis of the skin provides protection against abrasion, ultraviolet light, and water loss, and produces vitamin D. The dermis provides structural strength and contains blood vessels involved in temperature regulation. The skin is attached to underlying tissue by the hypodermis, which is a major site of fat storage. CONTENT LEARNING ACTIVITY Hypodermis The hypodermis is not part of the integumentary system. Match these terms with the correct statement or definition: Fat Hypodermis 1. Sometimes called subcutaneous tissue. 2. Loose connective tissue that attaches the skin to underlying bone or muscle. 3. Functions as padding and insulation. 4. Responsible for some of the structural differences between men and women. The hypodermis contains about half the bodys stored fat. Measuring the thickness of the hypodermis is a technique used to estimate total body fat. 1 The dermis is dense connective tissue that forms the deep layer of the skin. Match these terms with the correct statement or definition: Cleavage lines Dermal papillae Striae 1. Directions in which the skin is most resistant to stretch. . Lines visible through the epidermis produced by overstretching of the dermis. 3. Blood vessels in this structure exchange nutrients and waste products with the epidermis. 4. Projections from the dermis into the epidermis; produce fingerprints. Dermis The epidermis is stratified squamous epithelium separated from the dermis by a basement membrane. A. Epidermis Match these terms with the correct statement or definition: Callus Corn Keratin Keratinization Lipids Stratum basale Stratum corneum 1. The process that changes the shape and chemical composition of epidermal cells. 2. We will write a custom essay sample on The Integumentary System specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on The Integumentary System specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on The Integumentary System specifically for you FOR ONLY $16.38 $13.9/page Hire Writer The strata of the epidermis that produces new cells by mitosis. 3. The strata of the epidermis that contains dead, squamous cells. 4. Responsible for the structural strength of the stratum corneum. 5. Responsible for preventing fluid loss through the skin. 6. A thickened area of stratum corneum produced in response to friction. 7. Stratum corneum that thickens to form a cone-shaped structure over a bony prominence. The epidermis forms a permeability barrier that is also resistant to abrasion. 2 B. Match these terms with the correct part labeled in figure 5. 1: Dermis Epidermis Stratum basale Stratum corneum 1. 2. 3. 4. Figure 5. 1 Skin color is determined by pigments in the skin, by blood circulation through the skin, and by the thickness of the stratum corneum. Skin Color Using the terms provided, complete these statements: Albinism Birthmarks Blue color Carotene Cyanosis Melanin Melanocytes Melanosomes Red color Suntan 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. (1) is the term used to describe a group of pigments responsible for skin, hair, and eye color. It is produced by (2) in the stratum basale, packaged into (3) , and is distributed to other epidermal cells. Melanin production is determined by genetic factors, hormones, and exposure to light. A mutation that prevents the manufacture of melanin is called (4) . Increased melanin production in response to ultraviolet light results in a (5) . The (6) of tattoos, bruises, and some superficial blood vessels is due to the lightscattering effect of overlying tissues. (7) is a yellow pigment found in plants such as squash and carrots. When large amounts of this pigment are consumed, the excess accumulates in the stratum corneum and in fat cells of the dermis and hypodermis, causing the skin to develop a yellowish tint. Blood flowing through the skin produces a (8) . When blood flow increases (e. g. blushing) this color intensifies. A decrease in the blood oxygen content of blood produces a bluish color called (9) . Congenital disorders of blood vessels in the dermis produce (10) . 3 The presence of hair is one of the characteristics common to all mammals. A. Hair Match these terms with the correct statement or definition: Arrector pili Cortex Cuticle Hair bulb Hair follicle Hair root Hair shaft Medulla 1. Portion of hair protruding above the surface of the skin. 2. Soft center of a hair. 3. Outer layer of a hair consisting of a single layer of overlapping cells that holds the hair in the hair follicle. 4. An extension of the epidermis into the dermis. 5. Smooth muscles cells that cause hair to stand on end and also produce goose flesh. B. Hair is produced in cycles that involve a growth stage alternating with a resting stage. Match these terms with the correct part labeled in figure 5. 2: Arrector pili Cortex Cuticle Dermal papilla Hair bulb Hair follicle wall Hair root Hair shaft Medulla 1. 2. 3. 4. 5. 6. 7. 8. 9. Figure 5. 2 4 The major glands of the skin are the sebaceous glands and the sweat glands. A. Glands Match these terms with the correct statement or definition: Apocrine sweat gland Merocrine sweat gland Sebaceous gland Sebum 1. Oily, white substance rich in lipids; lubricates hair and the surface of the skin, prevents drying, and protects against some bacteria. 2. Produces sebum; opens into the hair follicle. 3. Produces a watery secretion (sweat); opens onto the surface of the skin. 4. Produces a thick, organic secretion that is broken down by bacteria to produce body odor; opens into the hair follicle. B. Match these terms with the correct part labeled in figure 5. 3: Apocrine sweat gland Merocrine sweat gland Sebaceous gland 1. 2. 3. Figure 5. 3 5 The distal ends of the digits of humans have nails. A. Nails Match these terms with the correct statement or definition: Eponychium Lunula Nail body 1. Visible part of the nail. Nail matrix Nail root 2. Cuticle; stratum corneum that extends onto the nail body. 3. Produces the nail. 4. Whitish, crescent-shaped area at the base of a nail; part of the nail matrix. B. Unlike hair, nails grow continuously and do not have a resting stage. Match these terms with the correct part labeled in figure 5. 4: Eponychium (cuticle) Lunula Nail bed Nail body Nail matrix Nail root 1. 2. 3. 4. 5. 6. 7. 8. 9. 6 Functions of the Integumentary System The integumentary system has many functions in the body. Excretion Protection Sensation Match these terms with the correct statement or definition: Temperature regulation Vitamin D production 1. The skin functions as a physical and permeability barrier. 2. Absorption of ultraviolet light by melanin. 3. Resists abrasion by sloughing cells from the epidermis. 4. Begins when a precursor molecule is exposed to ultraviolet light in the skin. 5. Carried out by producing sweat and increasing or decreasing blood vessel diameter. 6. Occurs to a slight degree with sweat production when some urea, uric acid, and ammonia are lost. The Effects of Aging on the Integumentary System As the body ages, many changes occur in the integumentary system. 1. 2. 3. 4. 5. 6. 7. Increases Using the terms provided, complete these statements: Decreases As the body ages blood flow to the skin (1) , and the thickness of the skin (2) . The skin is more easily damaged and repairs more slowly. The amount of elastic fibers in the skin (3) and the amount of fat in the hypodermis (4) , causing the skin to wrinkle and sag. The activity of sweat and sebaceous glands (5) , resulting in dry skin and poor ability to regulate body temperature. The number of functioning melanocytes (6) , but in the hands and face, melanocytes increase to produce age spots. White or gray hair also results because melanin production (7) . The integumentary system is useful in diagnosis because it is observed easily. Match these terms with the correct statement or definition: Cyanosis Jaundice Rash 1. Indicates impaired circulatory or respiratory function. 2. Results from a buildup of bile pigments in the blood. 3. Can indicate an allergic reaction, for example, to penicillin. The Integumentary System as a Diagnostic Aid 7 Burns are classified according to the depth of the burn. Match these terms with the correct statement or definition: First degree burn Second degree burn Third degree burn Full thickness burn Partial thickness burn Burns 1. Part of the stratum basale remains viable and regeneration of the epidermis occurs from within the burn area as well as from the edges of the burn; includes first and second degree burns. 2. Involves only the epidermis; red and painful. 3. Damages the epidermis and dermis; symptoms include redness, pain, edema, and blisters. 4. The epidermis and dermis are destroyed, and recovery occurs from the edges of the burn; also called a third degree burn. ? Skin cancer is the most common type of cancer. Match these terms with the correct statement or definition: Basal cell carcinoma Malignant melanoma Squamous cell carcinoma 1. Begins in the stratum basale and extends into the dermis to produce an open ulcer; the most frequent type of skin cancer. 2. Develops from cells immediately superficial to the stratum basale; a nodular, k eratinized tumor confined to the epidermis. 3. A rare form of skin cancer that arises from melanocytes, usually in a preexisting mole; unless diagnosed and treated early this cancer is often fatal. Skin Cancer QUICK RECALL 1. List 5 functions of the integumentary system. 2. Name two strata of the epidermis and the process that changes the deepest stratum into the most superficial stratum. 8 3. Name two pigments involved in skin color. 4. Name the two stages in the hair growth cycle. 5. List the three types of glands found in the skin. 6. List four protective functions of the skin. 7. State two ways the integumentary system functions to regulate body temperature. 8. Name the three types of skin cancer. WORD PARTS Give an example of a new vocabulary word that contains each word part. WORD PART subdermkeratmelancyanpapillMEANING below skin horn black dark blue nipple 1. 2. 3. 4. 5. 6. EXAMPLE 9 MASTERY LEARNING ACTIVITY Place the letter corresponding to the correct answer in the space provided. 1. The hypodermis a. connects the dermis to underlying bone and muscle. b. is the layer of skin where hair is produced. c. is the layer of skin where nails are produced. d. connects the dermis and the epidermis. 2. The part of the skin where cells divide by mitosis in order to replace cells lost from the outermost surface of the skin? a. hypodermis b. dermis c. stratum basale d. stratum corneum 3. The papillae of the dermis a. are responsible for cleavage or tension lines in the skin. b. contain large deposits of fat. c. are responsible for fingerprints. d. do not contain blood vessels. 4. In what area of the body would you expect to find an especially thick stratum corneum? a. back of the hand b. heel of the foot c. abdomen d. over the shin 5. The function of keratin in the skin is a. lubrication of the skin. b. to reduce water loss. c. to provide protection from ultraviolet light. d. to provide structural strength. 6. Concerning skin color, which of the following statements is NOT correctly matched? . skin appears yellow carotene present b. no skin pigmentation (albinism) genetic disorder c. skin tans increased melanin production d. skin appears blue (cyanosis) oxygenated blood e. dark skinned person compared to a fair-skinned person more melanin in the dark-skinned person 7. Hair a. slowly, but continually grows. b. grows from the tip of the hair shaft. c. consists of co lumns of dead keratinized epithelial cells. d. all of the above 8. A hair follicle a. is an extension of the epidermis into the dermis. b. receives a duct from a sebaceous gland. c. eceives a duct from an apocrine sweat gland. d. all of the above 9. Smooth muscles that produce goose flesh when they contract are the a. papillae. b. cuticle. c. medulla. d. arrector pili. 10. Sebum a. lubricates hair and skin, which prevents drying. b. is produced by sweat glands. c. consists of dead cells from hair follicles. d. is responsible for body odor. 10 11. If a person was born without any sweat glands, it would most likely affect the persons ability to a. secrete waste products. b. control body temperature in warm environments. c. flush out secretions that accumulate in hair follicles. . prevent some bacteria from growing on the skin. 12. While building the patio deck to his house, an anatomy and physiology instructor hit his finger with a hammer. He responded by saying, Gee, I hope I didnt i rreversibly damage the _____, because if I did, my fingernail will never grow back. a. cuticle b. nail body c. nail matrix d. nail root 13. Skin aids in maintaining the calcium and phosphate levels of body by participating in the production of a. carotene. b. keratin. c. vitamin A. d. vitamin D. 14. On a sunny spring day a student decided to initiate her annual tanning ritual. However, she fell asleep while sunbathing. After awakening she noticed that the skin on her back was burned. She experienced redness, blisters, edema, and pain. The burn was nearly healed about 10 days later. The burn was best classified as a a. first degree burn. b. second degree burn. c. third degree burn. 15. A large, flat spreading lesion develops from a mole. A short time later the victim dies of cancer. The type of cancer most likely was a a. basal cell carcinoma. b. squamous cell carcinoma. c. malignant melanoma. ? F INAL CHALLENGES Use a separate sheet of paper to complete this section. 1. The rate of water loss from the skin of the hand was measured. Following the measurement the hand was soaked in alcohol for 15 minutes. After all the alcohol was removed from the hand, the rate of water loss was again measured. Compared to the rate of water loss before soaking the hand in alcohol, what difference, if any, would you expect in the rate of water loss after soaking the hand in alcohol. 2. It has been several weeks since Goodboy Player has competed in a tennis match. After the match he discovers that a blister has formed beneath an old callus on his foot and the callus as fallen off. When he examines the callus he discovers that it appears yellow. Can you explain why? 3. Why is it difficult to surgically remove a large tattoo without causing scar tissue to form? (hint: why do tattoos appear bluish in color? ) 4. Given what you know about the cause of body odor, propose some ways to prevent the condition. 5. Dandy Chef has been burned on the arm. The doctor, using a forceps, pulls on a hair within the area that was burned. The hair easily pulls out. What degree of burn did the patient have and how do you know? 11

Dissembled vs. Disassembled

Dissembled vs. Disassembled Dissembled vs. Disassembled Dissembled vs. Disassembled By Maeve Maddox A reader offers this interesting use of dissembled: On CNN a state department spokesperson just referred to our soldiers having dissembled some weapons in the hands of Iraqis. If what the soldiers did to the weapons was take them apart, then the word the spokesperson wanted was disassembled. If the soldiers were disguising the weapons in some way, then dissembled might work. To dissemble is to conceal the truth of a situation. Instead of lying outright, a person dissembles by putting a false appearance on things. To disassemble is to take apart. A large piece of furniture may have to be disassembled before it can be moved. The misuse of dissembled for disassembled by the State Department spokesperson is not an isolated example. Similar misuse may be found on websites offering advice and professional services. For example, a site offering paid educational services shows the segment of a teaching unit that lists ways to request help from foreign nations: Be able to request the help from foreign nations to  dissemble  the  weapons  of mass destruction. A site for a company that takes apart and removes play sets that are no longer wanted offers this information: If the play set is in good condition, [our company] will dissemble it and donate it to someone who can use it or hand it over to a donation organization which will find a person who can use it and not let it go to waste. A site offering instructions for taking a television set apart gives this warning: Safety goggles are very important. The CRT may implode while you are busy dissembling the TV or monitor. The government IRS site begins instructions for some kind of kit used in tax preparation this way: Review the sample in the following manner: 1. Dissemble the entire family pack of applications. Here are examples of the correct use of dissemble: McCain/Lieberman dissemble on AQ in Iraq Poole was as gracious as ever, but I could tell  he was dissembling. I wanted to tell him that  he was dissembling, that  dissembling  was ultimately dishonest. â€Å"I think he was dissembling to put it charitably,† said Cooper. â€Å"To imply that he didn’t know [] or that he heard it in some rumor out in the hallways, is nonsense.† Other ways to say disassemble: dismantle take apart take to pieces deconstruct break up strip down Other ways to say dissemble: dissimulate pretend feign act masquerade sham bluff posture hide one’s feelings put on a false front Want to improve your English in five minutes a day? Get a subscription and start receiving our writing tips and exercises daily! Keep learning! Browse the Misused Words category, check our popular posts, or choose a related post below:75 Synonyms for â€Å"Angry†8 Proofreading Tips And TechniquesWhat Is the Meaning of "Hack?"

3DCS & 3DMS part A Coursework Example | Topics and Well Written Essays - 1000 words

3DCS & 3DMS part A - Coursework Example development as it seeks to infuse aspirations, develop interpersonal and other required skills and make the employees equipped of the necessary skill set which makes them adept to handle their job responsibilities and grow in their career and life. As stated earlier, relationship between mentor and mentee is more on personal lines than formal based. This is so because it is not dependent on any specific task or outcome and as such, involves many outcomes and learning processes. Some of the key aspects in the mentor and mentee relationship are: Mentor mentee relationship is free from implied or open authority as enjoyed by coaches. This is so because coaches are deputed for some specific outcomes and its achievement is crucial to their training purpose. However, mentoring is a relationship free of power and based on mutual trust and respect as both the mentor and the mentee tend to gain from each other. While a coach can insist on the compliance, a mentee has full rights to decide upon the relationship tenure, intensity and focus. In a nutshell, self-selection is the initiator in the mentor mentee relationship where mentee picks up the mentor as contrasted to coaching where coach selects the trainee. The relation being an open and trusted one, objectivity substitutes subjectivity in the outlook of both the parties. When both of them learn from each other, it is essential that no single entity tries to impose one’s opinion or belief onto the other and provide complete freedom to think and act. A mentor is supposed to advise more than mere telling or commanding. In this light, it is imperative that the mentor is aware and knowledgeable of the best interests of the mentee. This is advantageous to allow the mentee think on exact lines as whatever will be advised by him will be taken seriously by the mentee. Thus, only such advises should be put forth which are sure to be accepted and relevant to the interest and situation for the mentee. Mentoring started off as

Does the advent of globalization require a new set of approaches Essay

Does the advent of globalization require a new set of approaches - Essay Example This research will begin with the statement that the advent of globalization and the shift in power structure has prescribed the exigency to reexamine existing political theories and political philosophy that govern state relations. Moreover, there is also a requisite to reevaluate the political framework effected on the domestic affairs of the state as the current gauge utilized for political analysis, according to leading political experts, fail to factor the fundamental issues that govern a country’s relationship with its population. These issues are said to be the consequences of the ‘global economic and information systems’ and the challenges resulting from powerful ‘ethnic and tribal forces’. However, there are other political scientists who contend otherwise. Hirst and Thompson, for instance, are skeptical of the ‘extent’ of globalization as ‘capital mobility’ does not generate a robust ‘shift of investmentâ€⠄¢ and labor requirement from the economically advanced countries to the developing territories of the globe. Similarly, Hay, partly skeptical of globalization, put forward somewhat similar contentions as according to him, it would be erroneous to assert that the consequences of globalization depict uniformity in every region of the world. As the effects of globalization in the previous and the current decades cannot be discounted, studies in the different areas of society stress the fact that the impact of globalization, from the biggest to the smallest state is apparently considerable.... This impact, of course, varies from one state to another as political, economical, socio-cultural and technological aspect of each state all across the globe vary considerably. Moreover, even economically advanced countries like the United States is not impervious to the effect of international and transnational occurrences such as terrorism and economic events. Other countries, considered vulnerable and less formidable in terms of economy or stability, apparently yield more to the impact of external forces as compared to the economically robust countries. But however significant or trivial the effects are, it is considerable to note that almost every country in the world is affected by globalisation in the present century. One of the actors that contribute to the transnational, international and domestic setting in politics and economics is technology, more specifically recent advancements in communications technology. The progress in this field, in turn, hastened the effects of globalisation in the last half of the century as well as the in the present decade. The progress that human beings have made in the field of information and communications technology brought about changes not just in our daily business affairs but also in the affairs of the state, in the world economy and in international and domestic politics. The advent of the World Wide Web and the Internet technology, which transformed the way we acquire information, is a significant aspect of globalisation as it accelerated the attainment of our goal to become 'global citizens' and internationalised persons. Sceptics like Hirst and Thompson, for instance, asserted that during the last half of the 20th century, globalisation remained a

Shark tank review Essay Example | Topics and Well Written Essays - 750 words

Shark tank review - Essay Example The second entrepreneur is Dave Greco who was asking for 90,000 for a 40% stake in his company. He claims he is a successful sales man and he claims he has a solution for companies through boosting their sales through packaging the sales strategies in a mobile application. The sharks quit on the deal after finding his pitch to have many inconsistent. Mark was the only shark that had made an offer but later withdrew his offer therefore Dave was not successful. The third entrepreneur in this episode was rick smith who was offering his Vegas magic show to the sharks at 1.5m for a 20% of the company. Rick was offering a family friendly magic field show in Las Vegas. The sharks did not get convinced as they claimed his business was not unique and its market is very competitive. Based on the reasons all the sharks quit on the deal and rick walks away without a deal. The final entrepreneur is Donny McCall whose business, known as invest a rack, involved the transformation of a pickup truck in about 30 minutes to a larger cargo carrying vehicle. He was asking for $100,000 for a 10% stake in his company. Sharks claim that he should get into distribution and go oversees to cut cost therefore all sharks quit on the deal. On season 3 episode 3 the first entrepreneur is Travis Perry business was a two month program that allowed people to learn how to play the guitar through the a chord cuddy. The sharks are very impressed with idea. Travis asking price was 10% stake for a $125k in the company.

A literature review on corporate social responsibility

A literature review on corporate social responsibility Corporate Social Responsibility has earned much salience over the last decades in academic literature. The literature offers various interpretations of the concept of corporate social responsiveness. The concept is understood as a process or set of processes on the way a firm approaches its environment. It is argued that business and society are interwoven: society has certain expectations regarding business and therefore the firm has responsibilities towards society. Hence, being a steward of the needs of society is deemed to be a socially responsible, appropriate, and natural act. The first book acknowledged on CSR is the Social Responsibilities of the Businessman by Howard R. Bowen in the mid 1950s. But, the term CSR came in widespread use in the early 1970s. In fact, it owes its origin due to the globalisation which took place after many multinational corporations were formed. In brief, globalisation means an increase in international transactions in markets for goods, services and factors of production and a growth in institutions that straddle international barriers. All these developments have brought in force the corporate governance mechanisms to ascertain fairness and transparency as well as social responsibility. Thus, this is how CSR was shaped and came into existence in the corporate world. 2.1.1 CSR across Countries CSR, also known as corporate responsibility, corporate citizenship, responsible business, sustainable responsible business (SRB), or corporate social performance, is all but a form of corporate self-regulation integrated into a business model where companies manage the business processes to produce an overall positive impact on society. CSR has been defined in various ways in different countries, of about being the capacity building for sustainable livelihoods from Ghana to about giving back to society from Philippines. Conventionally, in the United States, CSR has been presented in a philanthropic model whereby companies make profits and then they donate a certain share of the profits to charitable causes. It is seen as tainting the act for the company to receive any benefit from the giving. As such, according to Caroll (2003), The social responsibility of business encompasses the economic, legal, ethical and discretionary (philanthropic) expectations that society has of organisations at a given point in time. The European model is much more focused on operating the core business in a socially responsible way, complemented by investment in communities for solid business case reasons and voluntary interaction with the stakeholders. Ideally and broadly, the concept of CSR is a built-in, self-regulating mechanism whereby business would monitor and ensure its support to law, ethical standards, and international norms. 2.1.1 Views on CSR According to Hancock (2005), CSR can be viewed through 3 ways namely: Sceptic view According to this view, the notion of CSR is opposed to democracy and freedom, frustrating business focus on its purpose of wealth creation. Milton Friedman best defines this approach: Few trends would so thoroughly undermine the very foundations of free society as the acceptance by corporate officials of a social responsibility other than to make as much money for their stockholders as they possibly can. Utopian view A utopian view of CSR reflects the idea that companies have a prior duty to anyone touched by their activity, their stakeholders rather than their shareholders, and especially the vulnerable that may be exploited by the companys operation. This is based on the work of Evan and Freeman who are for the stakeholder theory where a corporation must recognise and respect the vital interests of each of its surrounding stakeholders. Realist view This view gathers the greatest following of an alliance model advocated by Patricia Werhane. It states that CSR is not simply about whatever funds and expertise companies choose to invest in communities to help resolve social problems. But, it is also about the integrity with which a company governs itself, fulfils its mission, lives by its values, engages with its stakeholders, measures its impacts and reports on its activities. 2.1.2 The Key Drivers CSR is seen by Porter and Van Der Linde (2000, p. 131) as a competitive driver that requires appropriate resources. CSR programmes, however, on their own, have certain main drivers which are as follow: Bottom Line Effect This is the most relevant driver of CSR programmes as it incorporates a socially responsible element into corporate practice. As John Elkington (1997) rightly underlined that many companies exhibit corporate citizenship through charity or philanthropy. Nevertheless, a new perspective evolved over time for some corporate stakeholders. Success of a corporation is now weighted and defined by evaluating businesses using a Triple Bottom Line comprised of its social, environmental and financial performance. Managing Risk An endeavour to adopt CSR programme has been the gain in market share, key personnel and investment which pioneering companies enjoy when they seriously address labour and green issues. In fact, corporations implement such a programme to manage risks and ensure legal compliance as denoted by Levine Michael A. (2008). They try to avoid investigation, litigation, prosecution, regulation or legislation. Influence of the Corporate Disasters There has been an increased perception of greed amidst senior business officials in the corporate world following corporate scandals affecting Enron, WorldCom and the like. CSR is important in counteracting allegations of corporate greed. As a result, as described by Hancock (2005) in his book, corporations are now shifting away from the philanthropic approach towards CSR and are moving towards the greater alignment of CSR with business strategy and corporate governance. Lower Equity Risk Premium Reputation Management Corporations can face economic damage when their corporate reputations and brands are assailed or sales are affected by consumer boycotts. As argued by some rating agencies, a comprehensive CSR programme will lower a companys equity risk premium. A direct correlation between reputation and financial outcome measures share price and credit rating (Hancock, 2005) has been illustrated through a model designed by the global public relations company Bell Pottinger. In fact, companies may face a variety of legal and reputational risks if they do not have adequate social compliance or corporate social responsibility/sustainability programs in place. Customer Loyalty In todays markets, companies have to focus on building and maintaining customer loyalty. As proposed by Zhou Y. (2009), this can be done through a CSR programme which builds loyalty with customers by offering a competitive advantage in a marketplace where consumers find ethically delivered or produced goods and services. Stakeholder Activism Investment Incentives As perceived by Visser, W. (2008), CSR is encouraged through the activism of stakeholder or pressure groups which often address the alleged failure of the market and government policy. The trend of socially responsible investment gives CSR an incentive where funds are screened on ethical, social and environmental criteria. Thus, this proactively encourages businesses to inform shareholders of potential risks and issues and it helps them to better understand their stakeholders, including shareholders. According to Hill Knowltown (2006), surveys have indicated that analysts place as much importance on corporate reputation as they do on financial performance. 2.2 Theoretical Review A theoretical framework can be constructed around the several theories that emerged to explain the reasons behind environmental reporting over the time. These are as follow: Operational Efficiency Theory Operational Efficiency occurs when the right combination of people, process, and technology to boost the productivity and value of any business operation, while reducing cost of routine operations to a desired level. In the context of CSR, operational efficiencies can be achieved through managing impending risks and liabilities more effectively and efficiently through CSR tools and perspectives by reducing costs; streaming information to stakeholders concerning the investment community for better transparency and by using corporate responsibility and sustainability approaches within business decision-making to result in new market opportunities, newly developed manufacturing processes that can be expanded to other plants, regions or markets. Social Contract Theory This theory dates from the classic period of history but it took its modern form between the sixteenth and eighteen centuries with the best known philosophers like Thomas Hobbes, John Locke and Jean Jacques Rousseau who talk on social contract. Rousseau, in fact, conceptualised the individual-society relationship as a symbiotic situation whereby the two parties mutually confer some right to the state in order to maintain social order which makes human life and cohabitation better and to gain benefits of community and safety. In parallel to the social contract, the corporate social theory, pertaining to a firms indirect social obligations, has been advanced as a theoretical basis to explain the practise of CSR by corporations. Accordingly, businesses are bound by the social contract whereby they consent to perform various socially desired actions in return for approval of their objectives and other rewards. This ultimately guarantees its continued existence. Legitimacy Theory The theory is close to the social contract theory. Here, the corporations constantly seek to ensure that they operate within the limits and norms of their respective societies and the outside parties perceive their activities as being legitimate. Society grants legitimacy and power to business. In the long run, those who do not use power in a manner which society considers responsible will tend to lose it. This principle developed by Daviss (1973) is commonly known as the Iron Law of Responsibility. It expresses legitimacy as a societal-level concept and describes the responsibility of business as a social institution that must avoid abusing its power. Thus, this principle expresses a prohibition rather than an affirmative duty, and it applies equally to all companies, regardless of their particular circumstances. According to A.K.H. Khor, the legitimacy theory is fundamentally a system-oriented theory where organisations are viewed as components of the larger social environment within which they exist. Stakeholder Theory A key feature of CSR involves the way that a company engages, involves, and collaborates with its stakeholders including shareholders, employees, debt-holders, suppliers, customers, communities, non-governmental organisations, and governments. Companies can use stakeholder engagement to internalise societys needs, hopes, circumstances into their corporate views and decision-making. While there are many questions about how far a companys responsibilities extend into communities relative to the roles of governments and individual citizens, there is a strong argument that CSR can effectively improve a companys relations with communities and thereby produce some key features that will improve business prospects for its future. Agency Theory This theory comes to explain the relationship that exists between the owners/shareholders and the management. As such the latter is the agent which appointed by the principal (owner/subsidiary) and problems such as the potential moral hazard and conflict of interest are likely to occur. CSR comes as a middle way so that both parties can maximise their gains. As such, when CFP is strong, managers may reduce social expenditures in order to maximise their own short term private gains whereas when CFP weakens, managers will try to offset their disappointing results by engaging in conspicuous social programs, hence increasing their own wealth and that of shareholders as well, pursuant to the managerial opportunism hypothesis by Preston OBannon (1997). 2.2.1 Corporate Social Performance (CSP) In todays competitive market environment, business is confronted with a new set of challenges that are not only economics-related. To survive and prosper, firms must bridge economic and social systems. Maximising shareholder wealth is a necessary but by no means sufficient condition for financial prosperity anymore. A new performance measure called corporate social performance (abbreviated as CSP) is used to capture the performance of a business in the social realm allowing us to be more precise in thinking about corporate social responsibility. CSP defined as a business organizations configuration of principles of social responsibility, processes of social responsiveness, and policies, programs, and observable outcomes as they relate to the firms societal relationships (Wood, 1991), clearly shows that social performance is not limited to corporations only, but also applies to any firm and organisation. 2.2.2 Corporate Financial Performance (CFP) Most of the businesses operate with a view of yielding profits. The financial performance of a company is reflected through its policies and operations in monetary terms. These results are reflected through its return on investment, return on assets, value added, return on sale and growth in sales. Managers work in the best interest of shareholders to maximise profits. Financial performance is the most common, however, it cannot be considered as the only indicator used to measure a firms wealth. A broader definition of financial performance is accompanied by additional indicators such as short-term profits, long-term profits, market value, and other forms of competitive advantage, as noted by Jensen (2001). In todays world, for a firm to achieve a good and high level of CSP, it has to go beyond the limits of its own corporate strategies and adopt views of other stakeholders who may be directly or indirectly related to the company. 2.2.3 Corporate Social Performance and Corporate Financial Performance Since over the three decades, the study of the correlation between corporate social performance (CSP) and corporate financial performance (CSF) has gained much salience. Many studies conducted in this effect have yielded positive correlation, while others produced contradictory results with negative or non-significant different causal directions being found. In effect, there are several competing theoretical models which are proposed to explain three varying findings on the CSP-CFP link. Owing to these differing relationships, I.Y. Maroam (2006) proposes a unified theory of the CSP-CFP link that explain the different relationships that may be observed between CSR and CFP, thus basing itself on the parallels between the business and CSR domains. The concept of CSR instils in corporations the moral responsibility towards society that go beyond the goal of simply making profits for their owners and shareholders (Berman et al., 1999). As Freeman (1984) rightly pointed out that corporations should be socially responsible for both moral and practical (instrumental) reasons, by reflecting a socially responsible posture, a corporation can enhance its own performance. Thus, CSR activities can, inter-alia, be rewarded with more satisfied customers, better employee, improved reputation, and improved access to financial markets, all pertaining to improving financial performance and sustain the business. However, social accomplishments may equally involve certain financial costs which can effectively reduce profits and comparative performance. Hence, Vance (1975) came up with the trade-off hypothesis to show negative linkage between CSP and CFP whereby corporations displaying strong social credentials experience declining stock prices r elative to the market average. 2.2.3.1 CSP as Business Strategic From the above, it is clear that CSP can be used as a business strategy which can contribute to the competitive advantage of firms. A study by N.A. Dentchey (2004) on the effects of CSP on the competitiveness of organisations reveals that CSP should not be thought of an innocent adventure for executives. It is rather a strategy for achieving corporate strategies, which if not carefully implemented, may harm the competitive advantage of the firm. Competitive advantage, as seen by Porter (1996), denotes the ability of a company to outperform others from successful differentiation from rivals actions. This strategic fit between the outside environment and companies internal resources and capabilities (Hoskissoon et al., 1999) results in superior financial results, as indicated by various measures of profitability. Hence, as per Burke and Logsdon (1996), a strategic implementation of social responsibility brings benefits for all since it results in strategic outcomes such as customer loyalty, future purchases, new products, new markets and productivity gains. Arguably, CSP can be a source of competitive disadvantage for firms which regard CSP as an additional cost. Business contributions to social prosperity (CSP) are seen by Keim (1978, p.33) as an investment in public good which is consumed or enjoyed by a number of individuals disregarding the cost sharing. Thus, investing in CSP is likely to bear negative effects for the fir ms which are incurring costs that might otherwise be avoided or that should be borne by others, for example, individuals or government (Aupperle et al., 1985). 2.2.4 CSP, CFP and the Stakeholder Theory Following the above arguments, a new perspective of CSP, based on the stakeholder analysis, emerges to argue furthermore that there exists a positive relationship between CSP and financial performance. As such, S.A. Waddock and S.B. Graves (1997) propose that a tension exists between the firms explicit costs (for instance, payments to bondholders) and its implicit costs to other stakeholders (for example, product quality costs, and environmental costs). Therefore, a firm which tries to outweigh its explicit costs by increasing its socially responsible actions incurs higher implicit costs, resulting in competitive advantage. Thus, high levels of CSP are seen as indicators of superior management by Alexander and Buchholz (1982) which lead to lower explicit costs and enhanced financial performance. The stakeholder theory accompanies the concept of CSR by shedding more light on the issue of social responsibility. This theory is spread over three aspects (Donaldson and Preston, 1995) namely, descriptive, instrumental and normative. While the descriptive aspect describes and explains the theory, the instrumental aspect discloses the cause-effect relationships between stakeholder management practices and improving corporate performance. The normative aspect, on the other hand, as perceived by I.Y. Maroam (2006) emphasizes on the moral imperatives for practising stakeholder management, rather than the business benefits it may provide. A parallelism between the core business domain and the CSR domain will maximise a firms profitability. The stakeholder theory provides a framework for investigating the relationship between CSP and CFP by examining how a change in CSP is related to a change in financial accounting measures. In fact, the two concepts of CSR and stakeholder share the proposition that social responsibility affects financial performance in some way or other. This subject area has been so vastly explored that this trend is now seen as a natural progression which goes associatively with developments in the industrial and business world. There is an increasing concern and emphasize on humanity, environmental preservation and enlightened social consciousness. Thus, a new area of research began to pave its way within the field of business and society where the relationship between corporate social conduct, both toward the corporations stakeholders and the wider society, and the corporations financial performance was and is still being investigated across several countries. Over environmental issues, research h as revealed that businesses which are eco-friendly and demonstrate good CSR practices enjoy increased consumer purchase preference (Gildea, 1994; Zaman, 1996) and good economic performance (Al-Tuwaijiri, et al., 2004). A stakeholder group, as identified and defined by Freeman (1984), is one that that can affect or is affected by achievement of the organisations objectives, that is, which can be harmed as well as can help it to achieve its goals. Therefore, there is a growing need for firms to address the needs and expectations of the stakeholders to avoid negative outcomes and produce positive outcomes for themselves (Donaldson and Preston, 1995; Freeman, 1984; Frooman, 1997). Pursuant to the stakeholder theory perspective, CSP can be assessed in terms of a company meeting the demands of multiple stakeholders, ranging from cost minimisation to societal maximisation. Building on the previous mentioned definition of CSP, Wood and Jones (1995) propose that stakeholder theory is the key to understanding the structure and dimensions of the firms societal relationships. This theory thereby assumes that firms are responsible for honouring all the implicit and explicit contracts they hold with their variou s constituents. Therefore, the stakeholder theory provides a system-based perspective of the organisation and its stakeholders where it acknowledges the dynamic and complex nature of the interplay between them. The various stakeholders of the firms, such as the employees, shareholders/ financers, environmentalists, government, communities, customers and even competitors should be convinced by the management that it is working harder to satisfy them. The more important the stakeholders to the firm, the more effort the firm needs to put to uphold its relationship with the former. According to Clarkson, Donaldson and Preston et al. (1995), the stakeholder theory must place shareholders as one of the multiple stakeholder groups which managers should consider in their decision-making process. However, like the shareholders, the other stakeholders may have a say upon the firm, bestowing societal legitimacy. Notably, Bernadette M. Ruf et al. (2001) asserted that firms must address these non-shareholder gro ups demands otherwise they might face negative confrontations which can ultimately result in diminished shareholder value, through boycotts, lawsuits, protests and so on. Hence, firms have a fiduciary duty relationship not only to the shareholders, but to all stakeholders (Hasnas, 1998, p.32). So far, recognising a companys contractual relationship with the various stakeholders has been instrumental in better comprehending the relationship that CSP and CFP share. Stakeholders have expectations from the organisation. Nevertheless, these expectations may conflict with the firms limited resources leading the firm to evaluate its costs and benefits tradeoffs. Firms must thus come with measures representative of the various factors of CSP and stakeholders interests. Unlike neo-classical stockholders who were only interested in financial performance (Grouf, 1994; Shapiro, 1992), the major stakeholders of today, that is, the stockholders are more interested in the firms current and future financial benefits and social performance. 2.3 Empirical Review This section reviews the works done and methods used by researchers on the relationship of CFP and CSP. Empirical results on the correlation between these are mixed whereby some yielded in positive, some in negative or some in non-significant relationships. Basing on the stakeholder theory approach, several models on the CFP-CSP relationship have been proposed, where the largest number of investigations found a positive CSP-CFP relationship. Notably, different methods to compute indexes for CFP and CSP have been used since data on both cannot be possibly obtained in absolute figures. As such, using aggregated weights assigned to K dimensions of social performance obtained through questionnaire for CSP and using change in Return of Equity, change in Return on Sales and growth in sales as financial measures on a sample of 496 firms, Bernadette M. Ruf et al. (2001) came up with a positive relationship between CSP and CFP. They, in fact, regressed change in CSP on change in CFP. The results revealed a significant positive relationship between change in CSP and change in Return on Equity and change in Return on Sales in the long term but that with the Growth of Sales to be significantly positive only in year 0 and 1. The study suggests that improvements in CSP have both immediate and continuing financial impacts. A paper by S. A. Waddock and S. B. Graves (1997) also came up with positive linkage between CFP and CSP. An index for CSP was computed using eight attributes, rated consistently across the entire Standards Poors 500 by a rating service, which were related to stakeholder concerns. The firm financial performance (profitability) was measured using three accounting variables, namely, return on assets (ROA), return on equity (ROE) and return on sales (ROS) used to assess CFP by the investment community. Factors such as size, risk and industry which affect both CFP and CSP were taken as control variables. Used on a sample of 469 companies and using CSP as both dependent and independent variable, the results revealed that CFP does depend on CSP and vice-versa and also indicated the importance of controlling for industry in assessing such a relationship. To bring more integrity, M. Orlitzky et al. (2003) conducted a quantitative meta-analysis on the CFP-CSP relationship building on the hypothesis that CSP and CFP are generally positively related leading to competencies, learning, efficiency and reputation-building with its external stakeholders. Taking CFP as a companys financial viability through three broad subdivisions consisting of market-based (investor returns), accounting-based (accounting returns), and perceptual (survey) measures and constructing CSP through four broad measurement strategies, namely: (a) CSP disclosures (annual reports, letters to shareholders); (b) CSP reputation ratings; (c) social audits, CSP processes, and observable outcomes; and (d) managerial CSP principles and values (Post, 1991), the study suggests that corporate virtue in the form of social responsibility and, to a lesser extent, environmental responsibility can pay off, despite the CSP-CFP operationalisations can also moderate the positive associa tion. CSP appeared to be more highly correlated with accounting-based measures of CFP than with market-based indicators, and CSP reputation indices were more highly correlated with CFP than are other indicators of CSP. This meta-analysis establishes a greater degree of certainty with respect to the CSP-CFP relationship than is currently assumed to exist by many business scholars. According to Mahoney L. and Roberts R.W. (2007), there is no significant relationship between a composite measure of firms CSP and CFP. Using four years panel data of Canadian firms, they calculated a composite measure of CSP score by summing all dimension strength ratings, such as, community relations, diversity, employee relations, environment, international, product safety, and amongst others and subtracting all dimension weaknesses ratings. As concerned the CFP, following Waddock and Graves (1997a), return on assets (ROA) and return on equity (ROE) were used separately to measure a firms CFP. As CFP was expected to be positively related to CSP, a one-year lag between CFP and all independent variables (CSP, firm size, debt level, and industry) was used. Inconsistent with their expectation, they found no significant relationship between the composite CSP measure and either ROA or ROE. However, the use of individual measures of firms CSP regarding environmental and international act ivities and CFP resulted in a significant relationship providing mixed support for the business case for CSP. A study, using the Granger causality approach, by Rim Makni et al. (2008) reaffirms Mahoney and Roberts (2007) works on the non-significant relationship. However, there may also be a simultaneous and interactive negative relation between CSP and CFP, forming a vicious circle. Building on P. L. Cochran and R. A. Wood (1984) CSR-financial performance model where average age of corporate assets was found to be highly correlated with social responsibility rankings, D. J. Wood (1991) reformulated the CSP model to build a coherent, integrative framework for business and society research. The principles of social responsibility were framed at the institutional, organisational, and individual levels; processes of social responsiveness were shown to be environmental assessment, stakeholder management, and issues management; and outcomes of CSP were posed as social impacts, programs, and policies. The third part of the CSP model concerning the social outcomes was the only portion that was actually observable and open to assessment and any real performance, determined by stakeholders, existed. It was noted that stakeholders were likely to evaluate CSP differently, depending not only on their own interests, but also on their understanding and acceptance of social res ponsibility principles and their relationship to CSP. Building on this model, many researchers worked on finding the linkage between CFP and CSP. Using Wood (1991)s model, the results of a study conducted by P. A. and S.D. Stanwick (1998) showed that a firms CFP is indeed affetced by the size of the firm, and the amount of pollution emissions released. Where many numerous quantitative studies have been carried out to establish, largely in samples of multiple industries, the CSP-CFP relationship, M. Soana (2009) investigated this very linkage in the banking sector using a sample of national and international banks where social performance was proxied using content analysis, surveys, reputational measures, unidimensional indicators, ethical ratings and financial economic performance was proxied using market and accounting ratios. The eventual examination resulted in a no statistically significant link that could indicate any positive or negative correlation between CSP and CFP. The reason was that the majority of studies revised till now are also almost exclusively focused on the USA and UK markets. Corporate governance was also used as control variable, but it showed a non-significant and negative link with ROA and ROA. The study also confirmed the hypothesis that those banks that have the most transparent and efficient ownership st ructure are also the least profitable for shareholders.

Proposal for Web Based Ordering and Management System

CHAPTER I BACKGROUND OF THE STUDY AND IT’S SETTING Introduction In the fast changing environment of business, information technology played a great role in advancing business transaction to achieve optimum globalization. Various information systems are introducing services in diverse level of management and it ensures the most updated level of business transaction today.The introduction of online servicing becomes the talk of the town not only in information technology more so in terms of how it affects the business transaction like on how to speed up the process, getting accurate result of the process, becoming convenient on the part of the client and ensuring that the management can handle volumes of transaction of the business. These are some of the important processes that the business industry is facing nowadays.By using ordering management system, it allows the user to import data and to manage the products that the customer wants such as, product information, buyer†™s information, costumer’s prioritization and product costing. PC Troubleshooters runs its business through a manual process in taking the orders of the costumers. Though there are more employees attending to the needs of the costumer, but the company was often confronted with greater volume of orders, this in effect, created a problem that continue to persist a onger period of time. Because of that, chances are the customer might give false information about their order. In rare cases like that, the employee can make mistakes too due to the given information of the customer. Another problem is that when transactions are done manually, the customers can change their mind and cancel their order. This kind of conflict makes the customer take back its money directly without any other process or informing the company of the cancelled transaction.Indeed, managing the orders through manual process becomes a big problem of the companies since it creates a higher risk of committing errors and even makes the employees accountable for their transaction (SaaS). Just like in the case of PC Troubleshooters, manual process of managing the orders consumes a lot of time. If it is not being organized the orders are mixed up. PC Troubleshooters cannot manage the orders properly also when the customer gives wrong information about the order, errors takes place and tracking the error consumes a lot of time.Not the wrong information that might be given by the costumer but at the same the errors committed by the employees they do commit mistakes, like giving incorrect information about the ordered product, orders that are not arranged properly and sorted like its date and priority, giving product to right costumer, these are the problem that the company encountered when dealing with their manual transaction. To solve the problem of PC Troubleshooter, the proponents provide â€Å"Web Based Ordering Management System. † This kind of system can make their work fast, re liable, consistent and flexible.The system adapts to different types of order and to meet the customer’s needs. It will also monitor and manage the orders of the customer in order to check the ordered product accurately. The product must be added before ordering occurs. It can also reduce the risk of overlapping orders and other mistakes done by the customer and by the employee. On the part of the management the system has the capability to show reports of every transaction that are accomplished in everyday transaction. Thus, monitoring the reports and knowing the problems can now be traced easily by the top management level.Objective of the Study General Objective The general objective of the study is to create and develop a web based ordering management for PC troubleshooters. Specific Objectives 1. To monitor the orders of the client in terms of prioritization. 2. To lessen conflicts between the ordering of products and managing the orders. 3. To test and evaluate the effe ctiveness of the Ordering Management System. 4. To evaluate the feasibility of the study in terms of: accuracy, efficiency, reliability, user’s friendly and flexibility.Significance of the Study The web based order management system helps both the customers and the management in dealing with their transactions effectively. Furthermore, the other beneficiaries of the study are the following: Company This study helps the company as a whole in identifying the problems encountered. It also serves as a tool to improve their existing methods of managing the orders in a shorter time and also it helps them to track the order of the customer. It lessens changes in final posting of orders by their client. UserThis study will help the user in making the process or ordering fast and lessen the conflict in managing the orders and to lessen the complaints of the customers. Client This study helps the client in terms of selecting a product and can help in providing what is best for the clie nt base from their interest. Proponents This study will help the proponents in enhancing their skills in making a web based ordering management system through the application various programming language acquired. Future Proponents This study will serve as a resource or reference for future proponents.It can help them to create and develop a new project proposal of almost the same kind of software that can be use as a solution in solving the problems in the ordering process and management. Scope and Delimitation Scope The scope of this study includes the process of editing or altering and deleting transaction, sorting of products according to prices, new arrivals, item and the like. Viewing of fast and slow moving of products through the use of pie chart. Another is that it can view the order of the customer. It has a PayPal function wherein the customer can transact online.An editing tool called FCK editor which is used to edit the important details of the site especially the displ aying of information about the products. It is a crossed browser based system that can run on any web browsers. Delimitation The present study of the proponents does not include the ordering of products from the suppliers. Also the shipping outside of the Philippines is not covered in this study. The transaction in terms of payment online or in the company using credit or debit cards are not also covered.

Rural Entreprneurship -One Key to Rural Revitalisation

Entrepreneurship can play an important role in rural development. â€Å"Entrepreneur means one who creates a product on his own account, who ever undertakes on his own an industrial/trading enterprise in which work men are employed†. If entrepreneurships really encouraged in rural area it would, of course, be instrumental in changing the face of rural areas by solving the problems of unemployment, poverty, economic disparity, poor utilization of rural capacity, low level of standard of living. Authors: 1. Dr.Ratan Barman, Reader, Department of Commerce, Assam University (Diphu Campus) 2. Dipanjan Chakraborty, Senior Lecturer, Department Of commerce,Darrang College,tezpur Introduction ‘India lives in her villages’—- this axiom is still true today despite the service sector budding in the urban and semi urban areas. Majority of the population still lives in rural India and the large chunk of population in urban areas still live through the learning of a villa ge life. For the strength of the country there is a necessity to develop the villages. Development of a country is a choice loaded on its people, whether urban or rural.It is individuals who shape up a society and decide its progress and performance. Urban and rural are two sides of the same coin of economic development. While the urban sector has witnessed phenomenal growth and development, fuelled by the post independence era of industrialization, the rural sector saw little corporate growth. Rural development is more than ever before linked to entrepreneurship. Institutions and individuals promoting rural development now see entrepreneurship as a strategic development intervention that could accelerate the rural development process.Furthermore, institutions and individuals seem to agree on the urgent need to promote rural enterprises: development agencies see rural entrepreneurship as an enormous employment potential; politicians see it as the key strategy to prevent rural unrest ; farmers see it as an instrument for improving farm earnings; and women see it as an employment possibility near their homes which provides autonomy, independence and a reduced need for social support. To all these groups, however, entrepreneurship stands as a vehicle to improve the quality of life for individuals, families and communities and to sustain a healthy economy and environment.Rural industrialization is important not only as a means of generating employment opportunities in the rural areas with low capital cost and raising the real income of the people, but also because it contributes to the development of agriculture and urban industries. In the absence of rural industrialization, it would not be easy to solve the problem of unemployment in rural areas. The entrepreneurial orientation to rural development accepts entrepreneurship as the central force of economic growth and development, without it other factors of development will be wasted or frittered away.However, the acceptance of entrepreneurship as a central development force by itself will not lead to rural development and the advancement of rural enterprises. What is needed in addition is an environment enabling entrepreneurship in rural areas. The existence of such an environment largely depends on policies promoting rural entrepreneurship. The effectiveness of such policies in turn depends on a conceptual framework about entrepreneurship, i. e. , what it is and where it comes from. Concept of Entrepreneurship and Entrepreneur The terms ‘entrepreneurship’ and ‘entrepreneur’ are not new to the Indian economy.Often these two terms are considered synonymous and used interchangeably. But conceptually both the terms are different. The relationship between the two is just like the two sides of the same coin. The understanding of the concept of entrepreneurship owes a lot to the work of economist Joseph Schumpeter and the Austrian School of economics. According to Schump eter (1950),’ and entrepreneur is a person who is willing and able to convert a new idea or invention in to a successful innovation. † Entrepreneurship forces â€Å"creative destruction† across markets and industries, simultaneously creating new products and business models and liminating others. In this way, creative destruction is largely responsible for the dynamism of industries and long-run economic growth. The entrepreneur is the kind of persons that is willing to put his career and financial security on the line for an idea, spending his time and capital in an uncertain venture. Entrepreneurship as a stabilizing force limits entrepreneurship to reading markets disequilibria, while entrepreneurship defined as owning and operating a business, denies the possibility of entrepreneurial behaviour by non-owners, employees and managers who have no equity stake in the business.Therefore, the most appropriate definition of entrepreneurship that would fit into the r ural development context, argued here, is the broader one, the one which defines entrepreneurship as: â€Å"a force that mobilizes other resources to meet unmet market demand†, â€Å"the ability to create and build something from practically nothing†, â€Å"the process of creating value by pulling together a unique package of resources to exploit an opportunity†2. Concept of Rural entrepreneurship Many examples of successful rural entrepreneurship can already be found in literature.Rural entrepreneurship can be defined as entrepreneurship emerging at village level which can take place in a variety of fields of endeavour such as business, industry, agriculture and acts as a potent factor for economic development, In short, rural entrepreneurship implies rural industrialization consisting mainly of agro-based industries, Khadi and village industries and cottage industries. The promotion of rural entrepreneurship is vital in the context of generating gainful employ ment and minimizing the widening of disparities between rural and urban population.About 75% of the population who lives in villages has to utilize the village resources and they are plentifully available and people are not utilizing it effectively due to mass illiteracy. The risk aversion people can be transformed in to risk taking innovative entrepreneurs by proper training. Rural entrepreneurship not only concentrates on enhancement of products by use of local force or by artisans but also has significant environmental and social impact by developing eco friendly and appropriate olution to local problems China represents a unique example of rural entrepreneurial development with prima facie importance to the use of local resources, such as natural resources, human resources and material resources for local economic, social and cultural development and for running within the local area the surpluses so generated and at the same time effectively integrating rural development with m odernization the urban sector. China’s successful rural development through less dogmatic and down-to-earth approach to rural industrialization is really worth emulating for our country.Dynamic rural entrepreneurs can also be found. They are expanding their activities and markets and they find new markets for their products and services beyond the local boundaries. Role of Entrepreneurship in Rural development For rapid development, rural industrialization is must. But rural industrialization requires development of rural areas.. According to the Government of India, any industry located in rural area, village or town with population of 20,000 or less and an investment of Rs. crore in Plant and machinery is treated is rural industry. Rural or village industry is classified in to the following categories: †¢ Mineral based industry †¢ Forest based industry †¢ Agro based and food industry †¢ Polymer and chemical industry †¢ Engineering and non-convention al energy †¢ Textile industry †¢ Service industry Objectives of entrepreneurship in Rural Development †¢ To reduce disparities in income between rural and urban areas †¢ To promote balanced regional development To pressure the age-old rich heritage of the country †¢ To control migration of population from rural to urban area and thus helps in checking haphazard growth of cities and slums †¢ To help in reducing social tension and pollution Rural Entrepreneurship as a policy Tool to Achieve Rural Development Before independence, rural industrialization and hence rural entrepreneurship did not get any emphasis. The British Government gave importance to imports and neglected the development of Indian industries.In order to achieve rural development, after independence, the government of India used rural entrepreneurship as a policy tool. It has been clearly reflected in various five year plans and industrial policies. 1) Production in Khadi & Village indust ries sector was Rs 4,519 croes in the year 1997-98 and by the end of the year 2006-07, it is expected to increase up to Rs. 13,250croes i. e. in the span of 9 years it is expected to rise by almost 3 times. 2) Employment in KVI sector was 6. 65 million in the year 1997-98 and it is expected to increase up to 9. 5million by the end of year. Problems faced by entrepreneurs of rural areas †¢ Lack of finance-Modern entrepreneurship is a costly affair which needs abundant credit facilities. But in undeveloped countries, there is always scarcity of such credit facilities †¢ Lack of technical know-how-On account of faulty education system youth lack professional, managerial and technical knowledge which is an impediment in developing the spirit of enterprise, consequently not many people come forward to establish self-employment units. Absence of Enterprising skill- Most of the rural people in India lack risk bearing ability. Reluctance to involve oneself in business, inclination towards wage employment, lack of creative thinking are few reasons which have restricted the growth of self-employment in rural area. †¢ Lack of Infrastructure-On account of lack of infrastructural facilities viz, transport, water, electricity, market, storage and communication etc, entrepreneurs are shying away from establishing industries in villages. Industries which are already established are also facing similar problems. Adverse, social, cultural and Industrial environment-Caste systems, social evils, fatalism, religious superstitions, particularly in the countryside, do not allow development of adventurous spirit. Lack of skill and expertise in labourers, their tendency to migrate to big cities and consumer’s habit to buy goods produced by big companies create many problems for new entrepreneurs. †¢ Lack of awareness about quality control-It is true that of awareness hinders rural entrepreneurship. There are number of factors responsible for the lack of awar eness among rural folk.Illiteracy, ignorance, lack of proper propaganda by agencies, corruption among government functionaries etc are some of the factors responsible for this problem. †¢ Lack of market information due to poor communication facility- The absence of effective communication and access to right information makes it difficult for rural entrepreneurs to understand market trends and policies followed by the government on industrialization. Rural Development through Rural Entrepreneurship To achieve rural development through rural entrepreneurship,† The support infrastructure† given by Bill Bolton & John Thompson should be implemented given below.The support infrastructure | | People | Ideas | The Enterprise | |Sector |Education and |Research and |Property |Finance |Supply |Business support |Community | | |Training |Development | | | | |development | |Facility |School, |Industry, |Business |Seed and |Sub |Government |Housing, | | |College |University |Incu bator; |venture |contractors; |Agencies; |Schools, | | |University; |Garage |Innovation |capital |Labour |Clubs and |Hospitals, | | |Training | |centre | |pool |Associations, |Recreation, | | |Facility; | |Science | | |Consultants |Transport | | |Entrepreneur | |Technology | | |And business |Tele commu | | | | |Business | | |advices |nications | | |school | |parks | | | | | | | | | | | | | |Activity |Courses of |Technology |Premises |Equity& | Staff |Training advice |Amenity | | |programmes |transfer |and support |Loans |& Suppliers |and networking |provision | Source: Entrepreneurs by Bill Bolton & John Thompson Conclusion On the basis of analysis and role of rural entrepreneurship for rural development, we can conclude that rural entrepreneurship and rural development are two sides of the same coin. A part from Government policy, there is an urgent need to create conducive environment in rural areas so that rural entrepreneurship should flourish. Suggestions The following suggesti ons can be put forwarded for the protection and enhancement of demand potentiality leading to fertile ground for entrepreneurship.Entrepreneurship would be conducive for rural capacity utilization and development and solving rural problems like, unemployment, poverty, low level standard of living etc. ? Formulation of a registered trade union, under the guidance of appropriate Government, at village level-The role of such a trade union should be to protect and promote the interest of labours in the village. It will lead to enhance their bargaining power, thereby more earnings. Labour concessions will be instrumental in changing the face of rural areas. ? Formation of village development council, under the guidance of appropriate Government, at the village level . This council should lead in forming and propagating about negative impacts of drain of rural demand, rural resources to urban area.Consciousness should be created about the fulfillment of rural demand by rural supplier livi ng in the same village. It means trading should be promoted in the villages. Positive impact of divion of work. Divion of work will lead specialization, better capacity utilization, assurance of definite market and enough earning to meet family needs. The positive and negative impacts of migration of people from rural area to urban area. It is good in the sense that it is going to provide employment to rural people in urban area. But the negative part of the process is that commit their funds in urban area. These migrated people should be encouraged and motivated to finally stay in village.They should spend their money in rural areas. It would lead to enhancement in rural demand and rural development. Such a village development council will be forum where issues relating development will be discussed and opinions will be floated among the people for course of action. ? Formation of Rural entrepreneurship Development Bank of India, on the line of Industrial Development bank of India, is essential to promote entrepreneurship in the rural areas. It role would be to make available finance, knlwledge, technical expertise, managerial advice, help in marketing, string etc. it has to take case from beginning to end. Even its role would be to come up with plans.The is need to promote urban culture in rural area in respect of consumption, entertainment, education, spending, standard of livingrationality,etc. to promote economic activities. Rural-Urban interaction, T. V, Radio, Mobile, Road etc, are promoting urban culture in rural areas. ? State Government must invest in more for development of rural entrepreneurship ? All latest technology of the globe is to be disseminated to all rural areas by Government through Toll free number ? Appointment of SSI ombudsman and having one stop centre for needs of rural entrepreneurs to be established. ? There is necessary to promote education and skill necessary for entrepreneurship ?

Free Essays on Beer

Date Rape Drug Warning Be on the lookout! Police warn all male clubbers, party-goers, and unsuspecting pub regulars to be alert and stay cautious when offered a drink from any woman. A date rape drug on the market, called "beer", is used by females to target unsuspecting men. The drug is found in liquid form, and is now available almost anywhere. "Beer" is used by female sexual predators at parties and bars to persuade their male victims to go home and have sex with them. Typically, a woman needs only to persuade a guy to consume a few units of "beer" and then simply ask him home for no-strings-attached sex. Men are rendered helpless against this approach. After several "beers" men will often succumb to desires to perform sexual acts on horrific looking women to whom they would never normally be attracted. After drinking "beer", men often awaken with only hazy memories of exactly what happened the night before...usually with a vague feeling that something bad occurred. At other times these unfortunate men are swindled out of their life savings in a familiar scam known as "a relationship". Apparently men are much more susceptible to this scam after "beer" is administered and sex is offered by the predatory female. Please, forward this warning to every male you know. However, if you fall victim to this insidious "beer" and the predatory women administering it, there are male support groups with venues in every town where you can discuss the details of your shocking encounter in an open and frank manner with similarly affected, like-minded guys. For the support group nearest you, just look up "golf courses" in the yellow pages.... Free Essays on Beer Free Essays on Beer Date Rape Drug Warning Be on the lookout! Police warn all male clubbers, party-goers, and unsuspecting pub regulars to be alert and stay cautious when offered a drink from any woman. A date rape drug on the market, called "beer", is used by females to target unsuspecting men. The drug is found in liquid form, and is now available almost anywhere. "Beer" is used by female sexual predators at parties and bars to persuade their male victims to go home and have sex with them. Typically, a woman needs only to persuade a guy to consume a few units of "beer" and then simply ask him home for no-strings-attached sex. Men are rendered helpless against this approach. After several "beers" men will often succumb to desires to perform sexual acts on horrific looking women to whom they would never normally be attracted. After drinking "beer", men often awaken with only hazy memories of exactly what happened the night before...usually with a vague feeling that something bad occurred. At other times these unfortunate men are swindled out of their life savings in a familiar scam known as "a relationship". Apparently men are much more susceptible to this scam after "beer" is administered and sex is offered by the predatory female. Please, forward this warning to every male you know. However, if you fall victim to this insidious "beer" and the predatory women administering it, there are male support groups with venues in every town where you can discuss the details of your shocking encounter in an open and frank manner with similarly affected, like-minded guys. For the support group nearest you, just look up "golf courses" in the yellow pages.... Free Essays on Beer Over the past years I have drank quite a few beers, and I am proud to say that through my extensive drinking binges I have come to master the art of beer tasting. But it didn’t always used to be this way. When I was in high school I used to drink for the sole purpose of getting completely wasted. I didn’t care what kind of beer I was drinking or what it tasted like, all I cared about was that it got me drunk. Back then, the beers of choice were three significant brands: Mickey’s, Old English, and Budweiser. All of these beers were easily accessible to high school students and what was even better was the fact that they were dirt-cheap. A forty-ounce of beer for any of these three brands would cost me a grand total of two dollars and sixty cents. For a high school student with no job this is heaven, a cheap way to get drunk and have fun. But, as the years passed, my experience with different beers grew more extensive. I began to appreciate what good beer tasted like and became sort of a beer connoisseur. I used to go to different bars tasting ales, lagers, and microbrews to see which ones I liked best. Long gone were the days of drinking bitter beer for the purpose of getting totally inebriated, and soon to come would be the period of the Beer Crusades. This was my so-called effort into trying to find the holy land of beers. I was looking for that one beer to end all other beers, and I found it in a beer called St. Pauli Girl. But, since I am a good citizen, I am going to provide a free service to all of you hopefuls out there still searching for that perfect brew. Please feel free to take full advantage of my beer knowledge to help you decide on what beer is best suited for your drinking needs. One of the most important aspects in comparing beers is the taste and flavor. When I was in high school taste had no importance for me. I didn’t care what the beer looked like, smelled like, or even tasted like, as lon...

Quarks essays

Quarks essays Quarks, as of right now, are the smallest known particles of matter. These particles never or it is believed that they never exist by themselves. These particles combine together to form protons and neutrons in an atom. Without quarks, there would be no atoms and we would cease to exist. There are six known flavors of quarks. They are up, down, top, bottom, strange, and charm. Each of these six quarks has their own specific mass and electrical charge. The most common of these quarks are up and down. They are the lightest and they make up all the matter around us. The next two lightest of the quarks, strange and charm, are found in cosmic rays that originate in space. The two heaviest of the quarks, top and bottom, have not yet been found in nature. Scientist are only able to produce them in the lab. It is believed that the heavier quarks decay to the lighter quarks and that is why we dont see the heaviest in nature. Each quark has an opposite particle known as an antiquark. These antiquarks combine to form antimatter. This antimatter does not exist in nature on Earth and it is believed that it is very rare in the universe. We know that it does exist for physicists have produced antimatter in laboratories. Antiquarks have some of the same properties but some of the properties are opposite of that of their counterparts. Each quark has been divided into one of three categories called generations. The first generation is the lightest two quarks, second is the next heaviest two, and the third are the heaviest of the quarks. Quarks are different from other elementary particles for they each have a specific electrical charge that is a fraction of the standard charge of charge (e) of one proton. Most other particles have multiples of that charge. Of all the quarks the heaviest of them is the top quark. It is over 30,000 times larger than the up quark. This large mass made it very difficult for sc...

The Tacoma Narrows Suspension Bridge Case Study

The Tacoma Narrows Suspension Bridge - Case Study Example The design also integrated piers along the bridge’s span for support. Additionally, incorporated in the design were several checking cables, as well as, devices proposed to be installed along the bridge’s spans to hold the deck down, preventing it from turning in the wind. Evident from the planning phase, the Authority and suspension bridge specialist, Moisseiff had the sole intention of constructing an affordable and safe bridge to benefit residents of Kitsap and Tacoma. However, the phase was not without flaws and ethical missteps. First, the authority turned down a bridge design previously proven safe, for a narrow suspension bridge design, never constructed before just because it was cheaper. The other design flaw was failure to take into account the actual wind force to which the bridge would be exposed. Additionally, during the planning phase, emphasis was placed on the structural components of the bridge. Of particular interest were the recommended open girders, which were later replaced with solid ones by the local building engineer during design execution. The plan was also flawed in regard to location selection for the bridge construction. The Tacoma Narrows; topography is highly susceptible to winds of high intensity, making it an unsuitable location to put up a suspension bridge (Pinto 221). Question #2 Qualitative risk matrix Likelihood Insignificant 1 Minor 2 Moderate 3 Major 4 Catastrophic 5 A(Almost Certain) M H H E E B(Likely) M M H H E C(Possible) L M M H E D(Unlikely) L M M M H E(Rare) L L M M M Level of Risk: (E)-Extreme Risk (H)-High Risk (m)-Moderate Risk (L)-Low Risk According to the chart above, the level of risk, rather obvious for the Tacoma Narrows Bridge, was high. This is because, the level of risk posed by the bridge necessitated formulation of a detailed action of plan on the way forward, in dealing with the issues arising when the bridge was still under construction. For instance, during construction the attaching t ie-down cables snapped and proved to be ineffective. The bridge was also swayed by the wind presenting critical danger, an aspect attributable to its light weight and its narrow nature. Therefore, the level of risk was undoubtedly high, even though it could not be termed as catastrophic at this early stage. However as time progressed there were indications that the bridge would collapse. This notion rose from the increased number of risk factors that were identifiable on the bridge. For instance, slight winds would make the bridge sway to great levels and even cause wave like oscillations, posing great danger to motorists. This was because; instead of the bridge allowing wind to pass, it was acting like a kite, trapping moving air with its flat sides. Another risk factor warranting the classification of TNB as a high risk structure was, the topography of the Tacoma Narrows which made the bridge weaker, since it lay directly across the path of the wind, thus exposing it to maximum im pact. The engineers also changed some of the recommended design elements thus increasing the structure’s probability of collapsing. All these were major factors that heightened the TNB’s risk level. Even though it was hard for individuals to notice all the risk aspects when the bridge was being built, the engineers should have identified the risk in the design, sighting of the bridge or

The Metaphysics of Morals by Emmanual Kant Essay

The Metaphysics of Morals by Emmanual Kant - Essay Example Kant has spent most of his life in a German town, Konigsberg, which was located near East Prussia. He had also taught in the Konigsberg University and had maintained a descent reputation in all these years, thus by the age of fifty, much of his work on natural sciences as well as philosophy had been published and gained much momentum in the German literary community. Later in his life, Kant had attained such high regard in this context that his works stood out in comparison to Plato`s and Socrates` philosophies which was definitely an achievement for him. Moreover, Kant had the privilege to contribute for the literary community of Europe during the age characterized as the Enlightenment Era, which was an age of modernization and prosperity especially for the fields of academia, philosophy, literature etc. Thus, reasoning and logic were the dominant concepts being discussed and focused upon during the era, which is also reflected in the works of Kant. Kant`s inspiration or rather his mentor who drove him towards logic and rationality is believed to be the Scottish philosopher David Hume, who Kant himself has quoted at different points. Hume is the pioneer for incorporating causation behind everything, which implies that he believed that there is a reason behind everything.... For instance, philosophers before Kant were of the view that the â€Å"cause† behind the universe is God as He was the one who created everything. However, Kant countered this proposition by the logic that this implies just a series of events and not the cause or rather logic behind it, since logic is formed by virtue of rational connections sought by our minds. Moreover, the critical analysis posed over Kant by other philosophers is also important to understand the context of the study. Many different philosophers argue that Kant went too forward and ignorant when describing morals, and giving moral theories when using logic to develop a cause and effect relationship. These philosophers are of the view that morals should not always be defined and described with logic and rationality as it is not always fair for ethics to be believed to be rooted in rational logics. Different philosophers use logic to rather distort ethics and the scope of the field. For example, the enlighten ment era marks many such instances when the philosophers have justified imperialism in the light of moral explanations. In other words, they are of the view that it is fair enough to rule and empower the colonies as they are less intellectual and civilized than the imperialists, thus it is morally fair to civilize them morally as well as intellectually. This is a far fetching debate which will be addressed at various instances during the course of the paper. Starting off with the Metaphysics of Morals, it is first important to define the main concepts involved. Firstly, it is important to understand that there are three tenets of philosophy i.e. physics which is the physical study of beings and existence, the ethics which deals with morals and ethical norms,