Causes and Effects of Water Pollution Essay cause and effect paper, e

reason for that is that plastics take four hundred and fifty years to decompose in the water. Also many companies use plastic and people throw it in the waterways. Because water can float and be carried by the wind, it can cause harm to unsuspecting creatures hundreds of feet from where it was originally dumped. Such waste includes bags, bottles, cups, straws, cup lids, utensils, six pack holders, cling wrap, fishing line, bait bags, and floats. The second highest cause of water pollution is ship waste. Ships used to take much garbage with them on their ships and dump them. This was very common until the government took action. They were giving sailors up to one million dollars fines for disposing waste. Because of that, ships now carry less garbage with them. Animals are not the only thing being harmed by water wastes. Fishing lines, rope, and plastic nets are being caught in the rutter and the engine, but the ships are not exactly perfect. The other main cause of water pollu...

Project (Managing Across Culture) Essay Example | Topics and Well Written Essays - 2750 words

Project (Managing Across Culture) - Essay Example planation of Models 1.1.1 Hofstede Cultural Dimension According to the view of Geert Hofstede, culture can be best described as being the source of conflict rather than synergy; and the cultural differences as opined by him as troublesome and often a disaster. There are various practical applications on cultural differences of Geert Hofstede’s research that arises at various organisations especially for those who work in international business. If a person goes into another country and tries to make decisions the way he operates at his home country then there are chances of landing up with wrong decision. The Geert Hofstede research provides insights into different cultures with the aim to make the person more effective when interacting with others. There are five dimensions of Hofstede namely the Power distance, Individualism versus collectivism, Masculinity versus femininity, Uncertainty Avoidance and Long-Term Orientation Power Distance Index: It is the degree to which the less influential member in the organisation feels that the power is being distributed unequally. Individualism versus Collectivism: The term individualism tries to explain the fact that it is the society where the ties between the individual are often too loose. On the flip side the term collectivism refers to the society where the people right from their birth are incorporated into strong and cohesive groups. Masculinity versus femininity: It refers to the allocation of roles among the genders which is basic issue for any society for which the range of solution are found. Uncertainty Avoidance: It is the man's search for truth. It tries to indicate how the culture tries to train its members to experience either comfort or discomfort in such kind of unstructured situations. Long term Orientation versus Short term Orientation: It deals with virtues regardless of truth. The basic values that are associated with the long term orientation are carefulness and persistence while the values that are associated with the short term are fulfilling social obligation, respect for tradition (Geert Hofstede, 2009). 1.1.2 Trompenaars Cultural Dimension There are seven fundamental dimension of culture. Each one of them can be explained in brief. Universalism vs. Particularism: In case of universalism it is believed that rules and laws can be applied to everyone. On the other hand, particularism is the belief in placing emphasis on the friendship and looking forward for the situation in order to determine what is right or ethically acceptable. Individualism versus Collectivism: In case of individualism the decisions are made on the spot by the representative and there is

Advanced Economic Analysis (Economic efficiency) Essay

Advanced Economic Analysis (Economic efficiency) - Essay Example Efficiency of exchange requires that all allocations lie on the contract curve such that the marginal rate of substitution between each pair of goods (x and y) is identical for all consumers. Recall that each consumer maximises utility by attaining the point of tangency between the indifference curve and the budget line for goods x and y. Efficiency in production requires that each producer’s Marginal Rate of Technical Transformation between capital and labour is identical in the production of all goods and is achieved analogously to the efficiency of exchange. The requirement is that the Marginal rates of transformation between any two pairs of inputs be the same for all producers. This is ensured through profit maximization which ascertains equality between the MRTS and input price ratio. Efficiency in the Output market requires that the output mix be chosen such that the marginal rate of transformation between any two pair of goods is equal to every consumer’s marginal rate of substitution for the two goods. ... assuming that in the market for sugar initially the price and quantity are at their equilibrium or market clearing levels P* and Q* as shown in the diagram below (figure 1). Figure 1: The market clearing price and quantity of sugar There are two cases that need to be looked at: 1) the government intends to restrict the price above P* and 2) the government intends to restrict the price below P*. Consider the first case. At any price above P*, there will be excess supply and this excess supply will exert a downward pressure on the price to move back to the market clearing level P*. Suppose the government wants to restrict the price at P’>P*. The government has two main options. First, it can impose a regulation or a price control that does not allow producers to charge below P’. Alternatively it can buy off the necessary excess supply so that the price settles at P’. This is shown in the diagram below (figure 2). Figure 2: The government buys off the excess supply at price P' so that it now becomes the market clearing price Essentially, the government creates additional demand to sweep up the excess supply and thereby mitigates the downward pressure on prices. Apart from this, the options available to the government are those of putting a quota on the sugar producers and/or providing them monetary incentives to produce within the quota. Now, consider case 2) where the government intends to restrict the price at a level below P*. There will be excess demand at this price and thus prices will tend to rise upward. The first option the government has is to legally forbid producers from charging more. Suppose the government wants to restrict the price at a maximum of P’’. It can either legally prohibit higher prices. Or as an alternative, if it has access to