The immigration debate Essay Example | Topics and Well Written Essays - 250 words

The immigration debate - Essay Example In other words, the undocumented workers may take jobs away from Americans, but these are jobs Americans did not want in the first place. Rather, the illegal immigrants are doing us a favor by accomplishing the tasks that Americans find to menial for their tastes. In the overall scheme of things, illegal immigrants actually provide a larger benefit to the American economic system by adding at least $10 billion a year to our GDP. A small contribution to an overall GDP of a $10 trillion economy but an increase none the less and in our current national economic state, every little bit helps to ease the burden of inflation on the public. By boosting our GDP, these workers have actually proven that a larger workforce, regardless of employment status, will actually make a difference when it comes to worker output and/or consumer spending ( Said, Carolyn â€Å"The Immigration Debate†). Instead, the illegal immigrants who are working for us should be considered unsung heroes who actually contribute to the system. the Social Security system to be precise . The only problem is that since this batch of employees do not use valid SS numbers, their contributions remain floating within our system. So rather than debating the effects of illegal immigration on the workforce or economy, what we should really be looking at is a way to help make the contribution of these workers a part of the economic system of the country since those contributions are currently located in an economic limbo where it remains useless to everyone

Development in Moroccan Economy Essay Example for Free

Development in Moroccan Economy Essay Economic Environment Development of the Moroccan Economy The Moroccan economy is known for its macroeconomic stability. Inflation rates have always been relatively low, mainly due to the country’s restrictive currency regime. Morocco has been characterised by moderate to high growth rates. The country has benefited from its low labour cost and strategic location near the European mainland. Morocco has experienced a stronger growth than usual since the year 2000, caused by improved weather conditions, a strong export growth and various liberalizing policies. These liberalizing policies have been introduced by King Mohammed VI in 2003. He came up with a number of economic reforms resulting in a growth of the small modern manufacturing sector and the development of the tourism industry. He has put his main focus on the European Union since the Free Trade Agreement in the year 2000. Morocco’s Gross Domestic Product (GDP) has steadily gone up since 2002. According to statistics of â€Å"Datamonitor 360† the GDP in 2002 was about 40 billion dollar, in 2010 the GDP had grown to approximately 60 billion dollar. That is a rise of 50% in only eight years time. The World Factbook from the CIA mentions that in 2010 Morocco ranked number 58 in the world when it comes to the GDP. The real GDP growth rate has not been negative since 2002. In 2010 Morocco ranked number 77 in the world of real GDP growth. The lowest growth rate was about 2,5% in 2005 and 2007 and peeked with 7,5% in 2006. This could have possibly been caused by the Free Trade Agreement with the United States of America, which was introduced in 2006. I will further explain the results of the Free Trade Agreement with the EU and the USA later on in this chapter. The three main sectors: industry, service and agriculture, all grew steadily the past ten years. In 2009 the service sector was the biggest sector and contributed 49,4% to the GDP, the industry sector came second with 31,3% followed by the agriculture with 19,2%. Morocco has a profitable industry sector, mainly because of its large amounts of phosphate. Tourism plays a big role in the service sector. The tourism industry has remained vibrant despite the Casablanca bombings in 2003 and 2007. Morocco’s external trade has also been increasing steadily, with only a slight decrease in 2009. However, the total external trade still grew from 25,7 billion dollars in 2002 to 77,6 billion dollars in 2009. This is a growth of 51,9 billion dollars, which is a growth percentage of approximately 202%. Even though Morocco’s economy has been doing well the past decade, the unemployment rate is still relatively high. During the period from 2002 to 2008 the unemployment rate was at least 11%. In 2007 a small decrease of unemployment of 300 thousand took place, still leaving 1,1 million people unemployed. By the end of 2008 the unemployment rate was 9,6%. In 2009 a total of 93,000 new jobs got created resulting in a decrease to 9,1% by the end of 2009. We can conclude that the overall Moroccan economy has shown a fairly good development, but there is still a lot more to improve. The government has been working on new reforms that should lead to better business conditions in the country. International Financial Crisis Morocco together with Algeria and Tunisia has been one of the least affected countries by the international financial crisis. The international financial crisis started with the credit crunch in the US. Morocco has not been affected by this so-called credit crunch, because Morocco does not have the kind of credit that caused the American credit crunch. Besides this Morocco had minimal exposure to foreign assets. Morocco did however get affected by the international financial crisis as soon as it hit Europe. The Western European crisis resulted in diminishing growth rates. The crisis in Europe did not only slow down Moroccan export rates, but also the tourism industry. As European unemployment rates increased, many Moroccans working abroad lost their jobs, causing a decline in remittances. Morocco has been able to keep the negative effects of the international financial crisis to a minimum due to its good macroeconomic policy, an open economy, clear trade policies and several investment opportunities with emerging countries in Asia, Latin America and Africa. Because of the effects the financial crisis has had in Europe and the US, Gulf investors are expected to invest in African countries and the Middle East. At the end of 2008 Gulf investors announced a 1,7 billion US dollar investment in real estate in Morocco. These investments and planned reforms will make sure the Moroccan economy will continue to grow in the future. Effects FTA US and EU Morocco’s economy has largely benefited from the free trade agreements it has made with the European Union and the United States. In 1996 Morocco signed an association agreement with the European Union. The association became effective on March 1, 2000. The free trade agreement with the EU is mainly applied on industrial products and hardly any agricultural products. The objective is to have completely free trade between Morocco and the EU by 2012. In 2010 the EU proposed a new trade deal with Morocco to include duty-free trade in agricultural, food and fisheries products. On June 15, 2004 Morocco also signed a free trade agreement with the USA, which became effective on January 1, 2006. For America this was the second Arab-US free trade agreement and the first African-US free trade agreement. During a video of the ‘Moroccan American Trade and Investment Council’ the counsellor to King Mohammed VI for financial and economic affairs says about the FTA with the US: â€Å"We want to put Morocco as a platform for business with Europe, with the US, with Asia, China, Africa, Middle East. It was part of a global vision of Morocco. † Mr. Hassan, the president of the Moroccan Business Association says during the same video â€Å"The Morocco – US free trade agreement is a great opportunity for the Moroccan economy. † Due to the free trade agreements many American and European businesses have opened establishments in Morocco. These businesses have employed thousands of Moroccans causing a decline in the unemployment rate of the country. Both free trade agreements have been a huge step in the right direction for Morocco. The country still has a lot of poverty and unemployment; much more is needed to solve the country’s issues. However, the country is one of the most stable African and Arab nations. Current Economic System Morocco has a relatively liberal market economy regulated by supply and demand. From 1993 onwards there has been a policy of privatization. The heritage foundation, a research and educational institution, has come up with an index of economic freedom. This index makes it possible to measure the economic freedom in countries around the world. The world average score on the index of 2011 is 59. 7 out of 100 points. Morocco’s overall score is 59. 6, only a tenth point under the world average. Morocco is the 93rd country on the 2011 world rank of economic freedom. The regional average of the Middle East and North Africa is 60. 6, which makes Morocco the 10th country on the list of 17 regional countries. The overall score is determined by ten economic freedoms. In figure below the ranking of all ten separate economic freedoms of Morocco compared to the world average is shown. The most important economic freedom for this specific country report is business freedom. The business freedom represents the procedures for setting up and registering a private enterprise and the possibilities of private investment and production. In figure you can clearly see the Moroccan business freedom compared to the Dutch business freedom. King Mohammed VI has come up with many economic and non-economic reforms over the years. The two largest current reforms are the â€Å"Plan Maroc Vert† (Green Plan) and the â€Å"Plan Emergence†.

Maxima And Minima Of Functions Mathematics Essay

Maxima And Minima Of Functions Mathematics Essay Maxima and Minima are important topics of maths Calculus. It is the approach for finding maximum or minimum value of any function or any event. It is practically very helpful as it helps in solving the complex problems of science and commerce. It can be with one variable of with more than one variable. These can be done with the help of simple geometry and math functions. Finding the maxima and minima, both absolute and relative, of various functions represents an important class of problems solvable by use of differential calculus. The theory behind finding maximum and minimum values of a function is based on the fact that the derivative of a function is equal to the slope of the tangent. Analytical definition A real-valued function f defined on a real line is said to have a local (or relative) maximum point at the point xà ¢Ã‹â€ -, if there exists some ÃŽÂ µ > 0 such that f(xà ¢Ã‹â€ -) à ¢Ã¢â‚¬ °Ã‚ ¥ f(x) when |x à ¢Ã‹â€ Ã¢â‚¬â„¢ xà ¢Ã‹â€ -| Restricted domains: There may be maxima and minima for a function whose domain does not include all real numbers. A real-valued function, whose domain is any set, can have a global maximum and minimum. There may also be local maxima and local minima points, but only at points of the domain set where the concept of neighbourhood is defined. A neighbourhood plays the role of the set of x such that |x à ¢Ã‹â€ Ã¢â‚¬â„¢ xà ¢Ã‹â€ -| A continuous (real-valued) function on a compact set always takes maximum and minimum values on that set. An important example is a function whose domain is a closed (and bounded) interval of real numbers (see the graph above). The neighbourhood requirement precludes a local maximum or minimum at an endpoint of an interval. However, an endpoint may still be a global maximum or minimum. Thus it is not always true, for finite domains, that a global maximum (minimum) must also be a local maximum (minimum). Finding Functional Maxima And Minima Finding global maxima and minima is the goal of optimization. If a function is continuous on a closed interval, then by the extreme value theorem global maxima and minima exist. Furthermore, a global maximum (or minimum) either must be a local maximum (or minimum) in the interior of the domain, or must lie on the boundary of the domain. So a method of finding a global maximum (or minimum) is to look at all the local maxima (or minima) in the interior, and also look at the maxima (or minima) of the points on the boundary; and take the biggest (or smallest) one. Local extrema can be found by Fermats theorem, which states that they must occur at critical points. One can distinguish whether a critical point is a local maximum or local minimum by using the first derivative test or second derivative test. For any function that is defined piecewise, one finds maxima (or minima) by finding the maximum (or minimum) of each piece separately; and then seeing which one is biggest (or smallest). Examples The function x2 has a unique global minimum at x = 0. The function x3 has no global minima or maxima. Although the first derivative (32) is 0 at x = 0, this is an inflection point. The function x-x has a unique global maximum over the positive real numbers at x = 1/e. The function x3/3 à ¢Ã‹â€ Ã¢â‚¬â„¢ x has first derivative x2 à ¢Ã‹â€ Ã¢â‚¬â„¢ 1 and second derivative 2x. Setting the first derivative to 0 and solving for x gives stationary points at à ¢Ã‹â€ Ã¢â‚¬â„¢1 and +1. From the sign of the second derivative we can see that à ¢Ã‹â€ Ã¢â‚¬â„¢1 is a local maximum and +1 is a local minimum. Note that this function has no global maximum or minimum. The function |x| has a global minimum at x = 0 that cannot be found by taking derivatives, because the derivative does not exist at x = 0. The function cos(x) has infinitely many global maxima at 0,  ±2à Ã¢â€š ¬,  ±4à Ã¢â€š ¬, à ¢Ã¢â€š ¬Ã‚ ¦, and infinitely many global minima at  ±Ãƒ Ã¢â€š ¬,  ±3à Ã¢â€š ¬, à ¢Ã¢â€š ¬Ã‚ ¦. The function 2 cos(x) à ¢Ã‹â€ Ã¢â‚¬â„¢ x has infinitely many local maxima and minima, but no global maximum or minimum. The function cos(3à Ã¢â€š ¬x)/x with 0.1  Ãƒ ¢Ã¢â‚¬ °Ã‚ ¤Ã‚  x  Ãƒ ¢Ã¢â‚¬ °Ã‚ ¤Ã‚  1.1 has a global maximum at x  = 0.1 (a boundary), a global minimum near x  = 0.3, a local maximum near x  = 0.6, and a local minimum near x  = 1.0. (See figure at top of page.) The function x3 + 32 à ¢Ã‹â€ Ã¢â‚¬â„¢ 2x + 1 defined over the closed interval (segment) [à ¢Ã‹â€ Ã¢â‚¬â„¢4,2] has two extrema: one local maximum at x = à ¢Ã‹â€ Ã¢â‚¬â„¢1à ¢Ã‹â€ Ã¢â‚¬â„¢Ãƒ ¢Ã‹â€ Ã… ¡15à ¢Ã‚ Ã¢â‚¬Å¾3, one local minimum at x = à ¢Ã‹â€ Ã¢â‚¬â„¢1+à ¢Ã‹â€ Ã… ¡15à ¢Ã‚ Ã¢â‚¬Å¾3, a global maximum at x = 2 and a global minimum at x = à ¢Ã‹â€ Ã¢â‚¬â„¢4. Functions of more than one variable  ­For functions of more than one variable, similar conditions apply. For example, in the (enlargeable) figure at the right, the necessary conditions for a local maximum are similar to those of a function with only one variable. The first partial derivatives as to z (the variable to be maximized) are zero at the maximum (the glowing dot on top in the figure). The second partial derivatives are negative. These are only necessary, not sufficient, conditions for a local maximum because of the possibility of a saddle point. For use of these conditions to solve for a maximum, the function z must also be differentiable throughout. The second partial derivative test can help classify the point as a relative maximum or relative minimum. In contrast, there are substantial differences between functions of one variable and functions of more than one variable in the identification of global extrema. For example, if a differentiable function f defined on the real line has a single critical point, which is a local minimum, then it is also a global minimum (use the intermediate value theorem and Rolles Theorem to prove this by reduction ad absurdum). In two and more dimensions, this argument fails, as the function shows. Its only critical point is at (0,0), which is a local minimum with Æ’(0,0)  =  0. However, it cannot be a global one, because Æ’(4,1)  =  Ãƒ ¢Ã‹â€ Ã¢â‚¬â„¢11. The global maximum is the point at the top In relation to sets Maxima and minima are more generally defined for sets. In general, if an ordered set S has a greatest element m, m is a maximal element. Furthermore, if S is a subset of an ordered set T and m is the greatest element of S with respect to order induced by T, m is a least upper bound of S in T. The similar result holds for least element, minimal element and greatest lower bound. In the case of a general partial order, the least element (smaller than all other) should not be confused with a minimal element (nothing is smaller). Likewise, a greatest element of a partially ordered set (poset) is an upper bound of the set which is contained within the set, whereas a maximal element m of a poset A is an element of A such that if m à ¢Ã¢â‚¬ °Ã‚ ¤ b (for any b in A) then m = b. Any least element or greatest element of a poset is unique, but a poset can have several minimal or maximal elements. If a poset has more than one maximal element, then these elements will not be mutually comparable. In a totally ordered set, or chain, all elements are mutually comparable, so such a set can have at most one minimal element and at most one maximal element. Then, due to mutual comparability, the minimal element will also be the least element and the maximal element will also be the greatest element. Thus in a totally ordered set we can simply use the terms minimum and maximum. If a chain is finite then it will always have a maximum and a minimum. If a chain is infinite then it need not have a maximum or a minimum. For example, the set of natural numbers has no maximum, though it has a minimum. If an infinite chain S is bounded, then the closure Cl(S) of the set occasionally has a minimum and a maximum, in such case they are called the greatest lower bound and the least upper bound of the set S, respectively. The diagram below shows part of a function y = f(x). The Point A is a local maximum and the Point B is a local minimum. At each of these points the tangent to the curve is parallel to the x-axis so the derivative of the function is zero. Both of these points are therefore stationary points of the function. The term local is used since these points are the maximum and minimum in this particular region. There may be others outside this region. function f(x) is said to have a local maximum at x = a, if $ is a neighbourhood I of a, such that f(a) f(x) for all x I. The number f(a) is called the local maximum of f(x). The point a is called the point of maxima. Note that when a is the point of local maxima, f(x) is increasing for all values of x a in the given interval. At x = a, the function ceases to increase. A function f(x) is said to have a local minimum at x = a, if $ is a neighbourhood I of a, such that f(a) f(x) for all x I Here, f(a) is called the local minimum of f(x). The point a is called the point of minima. Note that, when a is a point of local minimum f (x) is decreasing for all x a in the given interval. At x = a, the function ceases to decrease. If f(a) is either a maximum value or a minimum value of f in an interval I, then f is said to have an extreme value in I and the point a is called the extreme point. Monotonic Function maxima and minima A function is said to be monotonic if it is either increasing or decreasing but not both in a given interval. Consider the function The given function is increasing function on R. Therefore it is a monotonic function in [0,1]. It has its minimum value at x = 0 which is equal to f (0) =1, has a maximum value at x = 1, which is equal to f (1) = 4. Here we state a more general result that, Every monotonic function assumes its maximum or minimum values at the end points of its domain of definition. Note that every continuous function on a closed interval has a maximum and a minimum value. Theorem on First Derivative Test (First Derivative Test) Let f (x) be a real valued differentiable function. Let a be a point on an interval I such that f (a) = 0. (a) a is a local maxima of the function f (x) if i) f (a) = 0 ii) f(x) changes sign from positive to negative as x increases through a. That is, f (x) > 0 for x f (x) a (b) a is a point of local minima of the function f (x) if i) f (a) = 0 ii) f(x) changes sign from negative to positive as x increases through a. That is, f (x) f (x) > 0 for x > a Working Rule for Finding Extremum Values Using First Derivative Test Let f (x) be the real valued differentiable function. Step 1: Find f (x) Step 2: Solve f (x) = 0 to get the critical values for f (x). Let these values be a, b, c. These are the points of maxima or minima. Arrange these values in ascending order. Step 3: Check the sign of f'(x) in the immediate neighbourhood of each critical value. Step 4: Let us take the critical value x= a. Find the sign of f (x) for values of x slightly less than a and for values slightly greater than a. (i) If the sign of f (x) changes from positive to negative as x increases through a, then f (a) is a local maximum value. (ii) If the sign of f (x) changes from negative to positive as x increases through a, then f (a) is local minimum value. (iii) If the sign of f (x) does not change as x increases through a, then f (a) is neither a local maximum value not a minimum value. In this case x = a is called a point of inflection. Maxima and Minima Example Find the local maxima or local minima, if any, for the following function using first derivative test f (x) = x3 62 + 9x + 15 Solution to Maxima and Minima Example f (x) = x3 62 + 9x + 15 f (x) = 32 -12x + 9 = 3(x2- 4x + 3) = 3 (x 1) (x 3) Thus x = 1 and x = 3 are the only points which could be the points of local maxima or local minima. Let us examine for x=1 When x f (x) = 3 (x 1) (x 3) = (+ ve) (- ve) (- ve) = + ve When x >1 (slightly greater than 1) f (x) = 3 (x -1) (x 3) = (+ ve) (+ ve) (- ve) = ve The sign of f (x) changes from +ve to -ve as x increases through 1. x = 1 is a point of local maxima and f (1) = 13 6 (1)2 + 9 (1) +15 = 1- 6 + 9 + 15 =19 is local maximum value. Similarly, it can be examined that f (x) changes its sign from negative to positive as x increases through the point x = 3. x = 3 is a point of minima and the minimum value is f (3) = (3)3- 6 (3)2+ 9(3) + 15 = 15 Theorem on Second Derivative Test Let f be a differentiable function on an interval I and let a I. Let f (a) be continuous at a. Then i) a is a point of local maxima if f (a) = 0 and f (a) ii) a is a point of local minima if f (a) = 0 and f (a) > 0 iii) The test fails if f (a) = 0 and f (a) = 0. In this case we have to go back to the first derivative test to find whether a is a point of maxima, minima or a point of inflexion. Working Rule to Determine the Local Extremum Using Second Derivative Test Step 1 For a differentiable function f (x), find f (x). Equate it to zero. Solve the equation f (x) = 0 to get the Critical values of f (x). Step 2 For a particular Critical value x = a, find f (a) (i) If f (a) (ii) If f (a) > 0 then f (x) has a local minima at x = a and f (a) is the minimum value. (iii) If f (a) = 0 or , the test fails and the first derivative test has to be applied to study the nature of f(a). Example on Local Maxima and Minima Find the local maxima and local minima of the function f (x) = 23 212 +36x 20. Find also the local maximum and local minimum values. Solution: f (x) = 62 42x + 36 f (x) = 0 x = 1 and x = 6 are the critical values f (x) =12x 42 If x =1, f (1) =12 42 = 30 x =1 is a point of local maxima of f (x). Maximum value = 2(1)3 21(1)2 + 36(1) 20 = -3 If x = 6, f (6) = 72 42 = 30 > 0 x = 6 is a point of local minima of f (x) Minimum value = 2(6)3 21 (6)2 + 36 (6)- 20 = -128 Absolute Maximum and Absolute Minimum Value of a Function Let f (x) be a real valued function with its domain D. (i) f(x) is said to have absolute maximum value at x = a if f(a)  ³ f(x) for all x ÃŽ D. (ii) f(x) is said to have absolute minimum value at x = a if f(a)  £ f(x) for all x ÃŽ D. The following points are to be noted carefully with the help of the diagram. Let y = f (x) be the function defined on (a, b) in the graph. (i) f (x) has local maximum values at x = a1, a3, a5, a7 (ii) f (x) has local minimum values at x = a2, a4, a6, a8 (iii) Note that, between two local maximum values, there is a local minimum value and vice versa. (iv) The absolute maximum value of the function is f(a7)and absolute minimum value is f(a). (v) A local minimum value may be greater than a local maximum value. Clearly local minimum at a6 is greater than the local maximum at a1. Theorem on Absolute Maximum and Minimum Value Let f be a continuous function on an interval I = [a, b]. Then, f has the absolute maximum value and f attains it at least once in I. Also, f has the absolute minimum value and attains it at least once in I. Theorem on Interior point in Maxima and Minima Let f be a differentiable function on I and let x0 be any interior point of I. Then (a) If f attains its absolute maximum value at x0, then f (x0)= 0 (b) If f attains its absolute minimum value at x0, then f (x0) = 0. In view of the above theorems, we state the following rule for finding the absolute maximum or absolute minimum values of a function in a given interval. Step 1: Find all the points where f takes the value zero. Step 2: Take the end points of the interval. Step 3: At all the points calculate the values of f. Step 4: Take the maximum and minimum values of f out of the values calculated in step 3. These will be the absolute maximum or absolute minimum values. Real life Problem Solving With Maxima And Minima For a belt drive the power transmitted is a function of the speed of the belt, the law being P(v) = Tv av3 where T is the tension in the belt and a some constant. Find the maximum power if T = 600, a = 2 and v 12. Is the answer different if the maximum speed is 8? Solution First find the critical points. P = 600v 2v3 And so = 600 6v2 This is zero when v =  ±10. Commonsense tells us that v 0, and so we can forget about the critical point at -10. So we have just the one relevant critical point to worry about, the one at x = 10. The two endpoints are v = 0 and v = 12. We dont hold out a lot of hope for v = 0, since this would indicate that the machine was switched off, but we calculate it anyway. Next calculate P for each of these values and see which is the largest. P(0) = 0  ,  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  P(10) = 6000 2000 = 4000  ,  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  P(12) = 7200 3456 = 3744 So the maximum occurs at the critical point and is 4000. When the range is reduced so that the maximum value of v is down to 8, neither of the critical points is in range. That being the case, we just have the endpoints to worry about. The maximum this time is P(8) = 4800 1024 = 3776. A box of maximum volume is to be made from a sheet of card measuring 16 inches by 10. It is an open box and the method of construction is to cut a square from each corner and then fold. Solution Let x be the side of the square which is cut from each corner. Then AB = 16 2x, CD = 10 2x and the volume, V, is given by V = (16 2x)(10 2x)x = 4x(8 x)(5 x) And so = 4(x3-132+40x) =4(32-26x+40) The critical points occur when 32 26x + 40 = 0 i.e.  when x =   = The commonsense restrictions are 5 x 0.So the only critical point in range is x = 2. Now calculate V for the critical point and the two endpoints. V(0) = 0  ,  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  V(2) = 144  ,  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  V(5) = 0 So the maximum value is 144, occurring when x = 2. Uses of Maxima and Minima in War. Concepts of maxima and minima can be used in war to predict most probably result of any event. It can be very helpful to all soldiers as it help to save time. Maximum damage with minimum armor can be predicted via these functions. It can be helpful in preventive actions for military. It is use dto calculate ammunition numbers, food requests, fuel consumption, parts ordering, and other logical operations. It is also helpful in finding daily expenditure on war.

The Business Environment Of Toyota Cars Marketing Essay

The Business Environment Of Toyota Cars Marketing Essay Business strategy can be achieved by observing both internal and external environment factors of the organisation (Kotler, 2003). SWOT and PESTLE are tools to find out the position, status and the future of the business and its strategy, and the factors of macro environment highlights the present and future problems which may an organisation can suffer (Morrison, 2006). Environmental audit/scanning has been defines by Pilbeam Corbridge, (2002) The process through which managers as the organisation strategists use different tools and perception to constantly gather and feedback information about the environment to inform decision maker. Moreover it has been describes that environmental scanning is linked with the performance of organisation because through environmental scanning the company will be in a position to get direction for the future present and may for future(Thomas et al, 1993). Below are the main factors which effect the environment of an organisation. The writer has analysed these factors in the Toyota and studied their mission, strategies and customer service which reflect that in automobile industry as Toyota is world leading company in providing maximum best customer service, quality in products and maximum satisfaction to each and every customer. The writer feel that there is a proper coordination of work and its seems to be a strong culture in the line of company suppliers, staff, customers, competitors, and other company stake holders like partners and investors. External Factors/Macro Environment: Ireland et al, (2008) described external environment as general environment. Political, economic, social and demographic, technological, global are those forces which effects strategy of an organisation. These forces help to scan the business environment (Morrison, 2006). Environmental scanning is tool for monitoring and evaluating forces which effect organisation long term goal and its strategy. Micro environment can impact on companies internal factors for business process such as employee and customer satisfaction. Therefore new strategy of an organisation needs to be defined according to new macro environmental changes which come from Pestle forces. Impact of Economic Factors on Business Strategy: Both external and internal factors affect the environment of the business in all aspects. According to case study below are some economic forces which effect Toyota business worldwide: Economic Growth: If the ability of a country increases in the line of economic stability it mean the country has ability to increase high product because there is a high demand. Economic growth also reflect high purchasing power of the consumers that is why the economic growth has double impact on the economics of the country one side the manufacturer and producer has to produce more because the chance of high profit as it reflect there is a demand. If economic growth and development goes down in the country where Toyota is operating their services then it will affect Toyota in term of sales and production (Economic Notes, 2007). For example 1995 Toyota started small plant in southwest Indiana and within 10 years its growth and production increases to double (Kaelble, (2007). Business is affected by the economic situations, on-going recession which is unpredictable in the United Kingdom and worldwide as many companies have suffered. In the beginning 2010 Toyota was also affected by recession, and the company has to cut down its costs and slow down many operations which brought Toyota in loss (Krish, 2009). Inflation Rate: Inflation is a condition of increasing prices. It effects economy of country badly and distort consumers behaviour towards products. High rate of inflation increase stress for organisation future plans and living standards of people (LasanthaW, 2010). According to report inflation rate in United Kingdom Increased to 4% and this increase will bring instability in every business. Business costs will rise for the products which have been outsourcing (BBC, 2011). For Toyota through inflation, menu costs, services costs and other costs will rise. Therefore, the business environment internally and externally has to demonstrate properly in the line of new pricing strategy. Exchange rates: As Toyota is world largest company and operating in different countries and as operating a business at international level the exchange rate is another factor in economic conditions that have effected on the business strategy of Toyota. As currency rates differs due to economic condition of the country and world business depends on US economy. Toyota management needs to keep an eye on the exchange rate in order to get the cheap but high quality products and material to serve their customers (Sloman and Sutcliffe, 2004). Globalisation: Globalisation is fast growing impact in world as Levitt, (1983) said all companies have to learn in the global world by understanding national, international and regional differences and have to develop product and service according to new shifts which are exists in the global economy. In Levitt research it has been highlight that all the changes in this world are due to new paradigm and phenomenon of globalisation. Morrison, (2006) states that demographic change in the world has brought world together on one platform as one large market and this happens because of globalisation. Skill Level of Work Force: The unemployment rate is that rate determined by the structural and frictional forces in the economy which cannot be reduced by raising aggregate demand Pearce, 1989, p. 296(Goliath, 2008). The economy of country will be more productive if the education level of people living in that country is high. If the people of the country are educated, they can develop new industries and technologies. Education is key factor to economic survival. It can pioneer new areas for jobs. Companies always need new skills thats the reason every company train its staff for future investment (Coughlan, 2004). Impact of Social Factors on New Business strategy: Same as economic factors business is affected by social factors below are some highlighted factors: Population Growth: Morrison, (2006) states that population is not still, it keeps on changing all the time. These changes are in form of increase or decrease in death, birth or migration rate. These demographic changes have long term effect on society and businesses. According to U.S Census Bureau, 2010 population in the world is increasing dramatically by report population in next 30 years will go up to approximately 3 billion. This demographic change affect the business market and every business try to move to the place where growth rate and buying power is high. E.g. in china population growth rate is high and every business starts from there. Attitude: Attitude is the important factor in customer service industry. Attitude and behaviour are those social factors which help organisation to improve its customer service. Attitude affects all the areas of business like customers, staff, suppliers and investors. If having positive attitude customer want to spend money on product and vice versa. But in the 21st century economic conditions should be taken along with positive attitude to perform well in market (Makin, 2009). Location: Location is one of the important social factors in business. Before starting business companies take surveys to analyse the focus of customers in that area. Main purpose of these surveys is to identify the right product for right area. For instance a report published by Kaelble, S (2007) in Indiana business magazine that how Toyota moved forward within ten years when it set up its plants in southwest Indiana. Culture: Culture has great impact on any business as it refers to the values, norms, and beliefs adopted over a period of time through mutual interaction and the history (Morrison, 2006).Impact of cultural globalisation effect the business as due to cultural difference between England and United States Toyota is selling left hand drive cars while in England is right hand (Levitt 1983). Strategy for Business Effectiveness of Toyota: All the above factors play a major role in determine the competitiveness of an organisation. The ability of an organisation is to forecast the business environment and drafting alternative plans for business growth and stability is important. If the history of Toyota will be taken into account company has done well in its career of production and quality but in past few years Toyota has got many problems in its manufacturing system and lost billions of dollars. Based on their policy of Customer First and sustaining the position Toyota came up with a strategy to recall its cars to give their customers extra care. According to report published by newspaper Toyota recalled its millions of cars because of defects in their manufacturing and decided to give their money back to the customer, for not telling their customer of these defects in the vehicles. Though it has affected company economically but Toyota has gained loyalty of his customer (www.bbc.co.uk). So, Toyota strategy has significant impact on social behaviour of the customer in the line of future demands. Report published by BBC on July (2009) Apart from that Toyota had done great for its future plans; company is manufacturing eco-friendly hybrid cars and achieving great efficiency. Company believes that eco-cars can have a positive impact on the environment only if they are widely used. According to company statement: TMC will continue to improve the fuel efficiency of its conventional combustion-engine cars, which account for the majority of its sales, while raising performance ,reducing costs and expanding the companys product lineup(Costea, 2010). Therefore the eco-friendly strategy is basically the co-corporate social responsibility. this type of strategy increasing company awareness as according to research in USA and Australia 84% consumers demanding the goods if the company responding the positively to the environment, then they said we buy the products. So, eco-friendly cars of Toyota are diverting attention of consumers socially. In North America Toyota has strategy of increase product sale by targeting young customers. Consumers has loyalty about the brand and company has got great reputation in term of quality and low prices thats why in 2002 one-fourth of its profit was gained from North America. Toyota has best manufacturing facility and great relations with their suppliers. Moreover company is losing money in Europe but their new strategy is to manufacture more cars on regional scale and compete in formula one race. According to Rugman and Collinson, (2006) Toyota is a mainly efficient and competent company at outsourcing for production and with other suppliers by enjoying friendly and long term relationship. Toyota has made sustainable mobility and environmental leadership core principles of its business strategy for future growth. As part of this strategy, Toyota is pursuing a broad range of technologies, each representing a step forward in reducing the environmental impact of automobiles. Alternative fuel sources, such as bio fuels, will play key role and these cars made to lower down environmental damage and co2 emission (www.toyota.eu). That is why Toyota brand is also diverting attention of market because of its quality and reputations. These factors help Toyota to boost their economy socially in future sales. Writer thinks that the interesting thing in Toyota is to know about the secret of its success in the market. According to Morgan Liker (2006) hard work, educated staff and their motivational teamwork within specific process are the key success factors of Toyota. This process is so called sociotechnical system (STS), was introduces in 1970 and 1980. STS describe itself as the secret behind the success of an organisation is to know about social and technical factor and their impact on external environment. Companys production system is also developed from STS which bring company in that position that it can achieve its external goals like social, economic and technological goals (Rodrick, D.2007).

Snap on Tools Intranet Case Study :: GCSE Business Marketing Coursework

Case Study Snap on Tools Intranet Snap-On is one of many companies that have embraced the Internet as a tool for management. Snap-On runs its own intranet for the exclusive use of Snap-On franchises and dealers. (Senn, 1998) Snap-On’s intranet provides reams of valuable information that would be inconvenient to deliver any other way. The speed of change in today’s market has forced printed material into partial obsolescence. Before Snap-On developed its own intranet, merchandise catalogs and part listings would have to be in printed, bound matter. Anyone who has been to an auto parts store can vouch that each of those catalogs is huge, to say the least. A franchisee would have to carry several catalogs in his vehicle for reference purposes. These catalogs occupied space in the truck that could have been used for inventory, and searching through them would eat into valuable time. Additionally, Snap-On would have to reissue the catalogs or send appendices when there was a change in any of the information. With an intranet, Snap-On merely changes the information on their websites, and the new information is there when the franchisees access it. This means no more expensive mailing of h eavy catalogs and no more wasted time spent flipping through the pages of a book, trying to find the entry he wants, only to find out after fifteen agonizing minutes that the page he needs has been ripped out. (Senn, 1998) Were I a Snap-On franchisee, I would be enthused about the use of a company intranet for the delivery of sales- and product-related information. Timely information is vital to survival in business today. Snap-On’s intranet allows for speedy updates of information. This means I would not have to wait the six to eight weeks for an updated merchandise list, nor would I have to pay exorbitant sums to get the package express-mailed to me. All my questions could be answered almost immediately via research on the different pages, or through email. (Senn, 1998) Snap-On was motivated by the many benefits of the Internet to use the intranet as a tool in developing a communications link to each dealer. Franchisees in far-flung places could easily be contacted and organized. Orders and inventories can be monitored from one location, decreasing the number of personnel and middle management. This flatter organizational structure provides for clearer communication between the field and office personnel.

Segregration the Past, Present, And Future... :: essays research papers

"Know ye not why We created yo al from the same dust? That no one should exalt himself over the other. Ponder at all times in your hearts how ye were created. Since we have created you all from the same substance it is incumbent on you to be even as one soul, to walk with the same feet, eat with the same mouth, and dwell in the same land..." -God Bahai Writing Would God categorize his children? That is a question that I believe most would give a simple and direct answer: No. Would the United States categorize her children? Although the Amendment suggests that all men and women are created equal, the fact is that the citizens of the United States are constantly being classified by race, gender, and/or ethnicity. So, if indeed the United States is one nation under God, why do we continue to sort ourselves though unreasonable and unethical factors. The misinterpretation of race has shattered the American society and for all that it stands for. We should correct America's immoral actions and assumptions that separate God's children in hope of reforming the United States toward equality. Race has always been an American issue. When the Europeans landed on the New World and saw an indigenous person he immediately him or her a savage. In time, the original "savages" or inhabitants of the land were made an inferiority to the white men and later wiped out. But later on, a more deeper insatisfaction of race took place. The African-Americans were brought into the "free" America as slaves. They too were considered an inferiority race. The idea of "race" is a human creation (Hacker, 4). People of the world have given themselves names like Caucasian, Anglo, Hispanic, Asian, and African-American. The names "Black" and "White" are quite exaggerated. It is obvious that no skin color even comes close to "Black" or to "White." Now character is a distinction between people. Lack of smart character is what led us to a history too ugly to ever repeat itself. I would say racism started when Christopher Columbus called the indian a "savage." Later on, it evolved when the African-Americans came to America. They were treated with much inferiority and humiliation. They were bought and sold like old furniture. It would take years before a man with the right power and courage would stand up for these e people. This man was Abraham Lincoln.

Maryland Science Assessments :: Essays Papers

Maryland Science Assessments Within the discipline of science there are facts, principles, skills, and processes of five classified standards: earth/space, biology, chemistry, physics, and environmental science. In the State of Maryland, the main assessment tool is the MSPAP (Maryland State Performance Assessment Program). Also, an individual teacher has to do assessment of his/her students throughout the school year. A teacher needs to know what to assess and how. Through an interview, a teacher of Bodkin Elementary has given her opinion about the state assessment test MSPAP. Maryland State has one major test that brings up many opinions of professionals in the education field. With state and classroom assessments Maryland’s intention is to measure their school improvement within the discipline of science as well as mathematics, reading, writing, language usage, and social studies. The Maryland State Performance Assessment Program (MSPAP) is "an assessment or testing program whose primary purpose is to provide information that can be used to improve instruction in schools"(MSDE, 1999). Students in third, fifth, and eighth grades take the MSPAP assessment each May. The assessment was created to be able to test the how well the students could solve problems both individually and with others, to see if they can use background knowledge to solve real world problems and to see if students can use knowledge from one subject into another. Students normally work in groups to complete the task they are given for each subject. Students are required to write extensively unlike other forms of assessment or testing where students fill out bubble forms such as scantron. The MSPAP assessment takes five days with 105 minutes spent each day on the assessment. Sample problems are given to teachers to help their students prepare for they type of activities and writing assignments they will be given on the task. One example task for eighth grade science students is to look at scientific data on the solar system and to write at least three questions that they can ask after looking at the data(Carr, 2000). After students have asked the questions they then need to "describe three repeating patterns of astronomical change that occur in the sky above us"(Carr, 2000) The MSPAP was created in May, 1990 by many teachers and administrators after the State Board of Education came up with learning goals that they wanted to reach by the year 2000. The MSPAP has six sections: reading, writing, language use, mathematics, science, and social studies.