Implications of Tuition-Free College Education Essay

In considering the matter of tuition-free college education for all qualified citizens, one must ask what impact there will be on society in general, national economics and the educational system over all. In removing all economical barriers to education on the four-year level, an increased number of qualified employees will exist and the level of Master’s and Doctoral degrees would heighten. This will serve humanity better in allowing a higher level of professionalism and informed citizenry for the countries in question. In a study performed by De-Fraja in 2002, the results were divided between the bright and the unintelligent. In allowing a tax-supported educational system, the study shows that more capable individuals who were not afforded an educational opportunity would be allowed to serve better the needs of the government and the populace in general. It also insinuates that the unfortunate challenged people would become more efficient if they opted for education, whereas otherwise they may become a burden on the system in general. In affording these opportunities, a higher-trained workforce becomes available, thereby giving more opportunity for tax-supported education from the increase in tax payments per capita. De-Fraja further supposes that the option of private education will widen the gap between the privileged and the non- but at least society is improved overall (De-Fraja 2002). Feldman and Steenbergen implicate the need to provide these opportunities in terms of humanitarianism. In allowing underprivileged individuals the ability to improve themselves, we are thereby improving our own society. The study argues that, â€Å"humanitarianism is an important element of the American sociopolitical ethos, although it has received little attention in the public opinion literature,† (Feldman & Steenbergen, 2001). With the social welfare system carrying a negative reputation, they suggest that the educational system would be impacted by this, but this is the area to address rather than the positives that would come from the tuition-free programs. Dynarski looks at the issue from an economics point of view. In contending that the financial burden of providing such a system would be heavy, the resulting influx of employee base would increase the operating capital of the project, thus off-setting the cost in the end. She also poses that even a $1,000 grant for students will increase the participation levels by 4-6%. In offering free college in the public education sector, the private organization can still offer varying levels of programs, but the populace overall will contribute in a positive manner. Although she states that the obvious impact would be in satisfactory standards for these programs, with the proper system in place, the concern should be effectively addressed, thus making the decision economically viable (Dynarski, 2002). Finally, as a practical implication, we look at the evidence offered by Foondun. In looking at the effect of free-tuition in developed and developing countries, Foondun found that while developing nations do not always have the distinct plan to offer educational programs, as countries grow – the sponsorship of private schools increase. With this increase, one finds betterment in the general populace and the economic situation overall. With an increase in educated individuals, the shift begins to slide towards betterment of the country and its people, humanitarian efforts increasing on a larger scale. With this would follow the tuition-free education systems, thereby improving the overall condition of the country (Foondun 2002). In conclusion, by looking at the economic, humanitarian, and practical implications of free-tuition offered to all qualified individuals, we can see that the impact will be positive. In looking at the growth potential of countries specifically, we find that without the foundation of an educated populous, a developing nation will remain at a disadvantage. In fostering education, tax bases increase, as does the livelihood of humanity throughout. Free-tuition for secondary educational is worthwhile and recommended overall. References De-Fraja, G. (Apr 2002). â€Å"The design of optimal education policies. † The Review of Economic Studies, 69(2), 437-466. Dynarski, S. (May 2002). â€Å"The behavioral and distributional implications of aid for college. † The American Economic Review, 92(2), 279-285. Feldman, S. & Steenbergen, M. R. (Jun 2001). â€Å"The humanitarian foundation of public support for social welfare. † American Journal of Political Science, 45(3), 658-677. Foondun, A. R. (Nov 2002). â€Å"The issue of private tuition: An analysis of the practice in Mauritius and selected South-East Asian countries. † International Review of Education, 48(6), 485-515.

Outline and assess the different uses of strategy Essay

Outline and assess the different uses of strategy - Essay Example Rivals can have the same goals and objectives like ours. The nature of goals and objectives may be such that their realisation can accommodate only one individual or organisation or only a few individuals and organisations. Thus, strategy must have something to say on how several rivals should be dealt with so an organisation or individual can outsmart rivals. Resources are only available in limited states of abundance and scarcities. Individuals and organisations must therefore took stock of the most relevant resources for meeting goals and objectives and must establish a resource use policy or resource use combinations consistent with the resources that are available in terms of quantity, profile, and abundance. There are also rivals that can be competing for the same resources as well as in the realisation of the same objectives and goals. Goals and objectives are often pursued wherein there are obstacles to their realisation. The obstacle can be apparent or may only emerge in the course of pursuing the goals and objectives. Thus, strategy must be able to identify obstacles and anticipate the possible emergence of obstacles as goals and objectives are pursued. In the pursuit of goals and objectives, there are stakeholders involved. ... It can involve the combination of various forms of organisations, activities, and tools. III. Use of strategy by firms and non-firms Strategies are used by military organisations, businesses, and non-profit organisations. According to MacMillan and Tampoe (2000, p. 170), a business strategy defines the following: the scope of a business the consumer’s current and future needs that it wants to address within its scope of business the specific capabilities that will give its business a competitive advantage and the general conduct that will allow a business to gain territory within its area of business. Earlier, Porter (1996, p. 64) asserted that the essence of strategy is to choose of activities that are different from what rivals do. It can involve cost leadership, differentiation and focus (1996, p. 67). According to Porter (1996, p. 68), at the core, strategy is â€Å"the creation of unique and valuable position, involving a different set of activities†. It involves p ositioning, positioning trade-off, as well as operational effectiveness (Porter 1996, p. 67-68). Alone, however, operational effectiveness is not strategy (Porter 1996, p. 78). Strategy covers what not to do, making trade-offs in competing, and combining activities (Porter 1996, p. 70). It is about a whole system of activities and not just a collection of activities (Porter 1996, p. 70). Strategy also involves forging a fit among activities (Porter 1996, p. 77). Mintzberg (1987, p. 11) described that strategy have two essential characteristics: they are planned in advance and are developed consciously and purposefully (1987, p. 11). At the same time, however, Mintzberg (1987, p. 11) stressed that the field

Trade Growth and Development Essay Example | Topics and Well Written Essays - 2000 words

Trade Growth and Development - Essay Example International trade is a trade or exchange of goods between two or more nations. This can be at the individual level, organizational, company level, or at the government level. International trade occurs when there is movement of goods across national borders. Economic growth is the increase in a country’s production measured in Gross National Product or Gross National Income or income per capita (Nafziger 2005). A sign of growth in the economy is shown by the boost in the quantity of trade conducted in a country, setting up of buildings, roads among other visible factors. Economic development, on the other hand, encompasses economic growth as well as the additional factors of changes in output distribution and economic structure (Nafziger 2005). The changes include improvements in the welfare of the citizens, their level of happiness, as well as, their physical health conditions among others. Contribution of International Trade in Economic Growth and Development Looking at the impact that international trade has had on the growth and development of economies, this article will divide the impacts into two parts namely; the impacts on the developing countries and the impacts on the developed countries. Each of the two categories will look at the gains and losses that have been the result of international trade on different economies. As the previous paragraph has suggested, there are varying implications of international trade in the different economies. The first focus is based on the developing world. It explores the positive and negative impacts of international trade on the developing world.... Additionally, specialization allows a country to stick to what it can best produce and leave what it cannot to those that can do so. This leads to economic growth and development because when it specializes in what it can do best, it’s able to maximize its resources and invest proceeds on welfare services like hospitals and roads which are vital indicators of growth and development of the economy. At the same time, the costs of production are prohibitive in most developing countries. Essentially, industries incur high costs to produce commodities and then charge high prices for goods. Among other reasons, most developing economies are labour intensive when it comes to production of their goods. Though the positive aspect of this is that it has created employment to a lot of people, it, however, is costly to the government. The benefit of international trade is that it allows importation of machinery that makes production cheaper and thus enhances the efficient production of go ods. As a result, the quality of manufactured goods improves thus allowing the countries to gain more from their products as a result of increased value of exports. Due to unfavourable balance of trade, the least developing countries have also opted to embrace the concept of value addition (Morton 2011). This means that they export some finished products though they account for about 10% of their income from export (Morton 2011). Though the level of processing is not as high as it is in many developed countries, the developing countries have managed to reach a level of being manufactures and semi-manufacturers as the line between manufacturing and owning raw products is blurred (Morton 2011). This is a

A critical response to the Marketing Myopia Assignment

A critical response to the Marketing Myopia - Assignment Example Additionally, the article presents marketing strategies that can help business management overcome competition and other external forces, which threaten a business. Therefore, this discussion seeks to critically analyze the strengths and weakness of this article, with a focus to understanding the plausibility of the ideas it present. The strength of this article is identifiable in addressing the causative factors for business success or failure. The article clarifies on the misconception held by many people that external forces are the major causes of a business failure. However, according to the article, the reason behind the success or failure of any business is not due to environmental factors such as market saturation, threatened growth or competition. The success or failure of any business or organization is solely determined by the management (Levitt, 2004). The reason the failure of any business has to be attributed to the management because; when the business of an industry d eclines, it is not because the industry was not best suited to serve the people. The industry declines because the management is not able to protect its business from their competitors, who eventually take their customers away from them (Levitt, 2004). If the management can apply strategies for protecting their customer base, their business in any industry will continue thriving. This is one of the strengths of this article, since it emphasizes on the role of prudent management in ensuring the success of a business. Secondly, the article presents another credible argument that serves as another of its strength. Broader focus is the key to success of any business or industry (Levitt, 2004). The article observes that businesses fail because they perceive their investment narrowly, considering competitors to be only those offering similar products and services. This makes the management of the business forget to focus on the whole industry and how it can affect their business. For exam ple, people operating in the railway business will only focus their competitors as those other companies or individuals who own trains, forgetting that they are not in the narrow railroad business, but operating in the transport industry (Levitt, 2004). Therefore, the elaboration given by the article is credible because, in focusing narrowly at the business, the owners of a business are only concerned about the product or service they offer, at the expense of focusing on the customer (Levitt, 2004). Thus, for the success of any business, a wider focus on customer needs is important than focusing on the suitability of the products and services which a business offers. Businesses will succeed more if they focus on understanding and meeting customer needs. Therefore, a business should focus on the overall needs of the customer in the industry it is operating, rather than focusing narrowly on direct competitors. This is because, customer needs can be met by the indirect competitors, who take away the customers served by a business, and meet their needs in a different manner (Levitt, 2004). According to this article, the strength and success of any business lies in its internal innovation. If a business can tailor its innovativeness towards meeting customer needs at the expense of improving the efficiency of its products, the business is sure to succeed (Levitt, 2004). For example, a business operating in the petroleum industry should focus on the needs of the customers in the whole of the energy industry. This would mean that the business works towards meeting the needs of the

Andrew Peller Limited Essay Example | Topics and Well Written Essays - 500 words

Andrew Peller Limited - Essay Example The costs of goods sold, excluding amortization includes the costs of finished goods inventory sold during the year, inventory write-downs and revaluations of agricultural produce at fair value less costs to sell at the point of harvest. In this regards, the costs of goods sold excluding amortization are classified as variable costs. The company carries property, plant and equipment at cost less accumulated amortization with the costs including the borrowing costs for the assets requiring a substantial period of time to become ready for use which are calculated on a straight-line basis in amounts sufficient to amortize the cost of building, vineyard infrastructure and machinery and equipment over their estimated useful lives. The fact that they vary with the useful life of the property, plant and equipment implies that they are classified as variable costs. The company classifies financial instruments into different categories with the company choosing not to apply hedge accounting for any of its derivative financial instruments. Consequently, the company nets transactional costs relating to long-term debt against the carrying value of the liability which is then amortized over the expected life of the instrument using the effective interest method. These costs are classified as fixed

FACE reports Research Paper Example | Topics and Well Written Essays - 250 words

FACE reports - Research Paper Example Since the tractor was running, the beaters, three in number, and obtaining energy from the tractor engine, were also rotating (MN FACE). During the process, the farmer got entwined in the machinery, getting pulled into the rotating beaters (MN FACE). As a result, the tractor stopped (MN FACE). He was found forty five minutes later by his son, who immediately called the 911 service, and the farmer was thence taken to a nearby hospital (MN FACE). However, he was pronounced dead on arrival by the doctor (MN FACE). Counter measures: In the wake of the incidence, the FACE team working in Minnesota drafted certain guidelines that were to be followed by farmers and workers while operating heavy machinery (MN FACE). These counter measures included three points (MN FACE): the tractor should be completely switched off and the key removed before getting off the tractor and working on the machinery (MN FACE); the power-take-off mechanism of the machine should be disengaged from the tractor before getting off the tractor and working on the machine (MN FACE); and the outfit of the workers should not be loose or otherwise risky, so that the danger of the workers getting entangled in the machine is reduced (MN

What makes Shenzhen China a unique and interesting illustration of Assignment

What makes Shenzhen China a unique and interesting illustration of geographic processes - Assignment Example (Cartier, 2001) This city is one of the most unique and a great option for those who wish to migrate to a place which is an amalgamation of natural and artificial beauty. This city was initially considered as a fishing village but with the passage of time things have evolved and it is considered as a modern city with great tourist attractions and facilities. The currency of Shenzhen is Renminbi which is known as People’s currency and has a short form of RNB. Basically Shenzhen is considered to be coastal area which is situated Guangdong district which is in south east China, just near to the boundary (border) between Hong Kong and China. (Zeng, 2010) Guangzhou is considered as the capital city of the Guangdong district which was commonly referred to as Canton for relatively long period of time. This region has rough forested mountainous region which acts like a background for a fairly large coastal region. Shenzhen is apparently demarcated into six individual districts namely Nanshan, Yantian, Longgang, Luoho, Futian, and Bao’an. It is approximated that three districts that sum up for most of the major Shenzhen area are Futian, Nanshan and Luoho. These districts directly join with Hong Kong. The most important city of Shenzhen is Futian which is thought to be the city centre. Shenzhen is considered to be a subtropical region which has long summers that are very hot and humid. This climate approximately lasts from April to September. The temperature ranges from 30-35 degree Celsius in the months of June and July. This range is given for extreme summers when temperature tends to be very high for this period. This temperature is not fixed and it sometimes even goes higher than the range mentioned earlier. The temperature gets lower at nights but still it is fairly hot with temperature ranging from 25-30 degree Celsius. The summers are quite unpredictable during the monsoon when rains usually happen. Furthermore there is