How Instagram Makes us Sociable Essay - 2200 Words

How Instagram Makes us Sociable (Essay Sample) Content: How Instagram makes us sociableAuthorà ¢Ã¢â€š ¬s NameInstitution NameIntroductionThe world has really transformed in terms of technology. Technology is the only thing that changes at a very fast rate. Every day we wake up to a new innovation of technology and ideas. Technology through internet has managed to bring the world together in terms of communication. Despite the varying time zones in different parts of the world, Internet has paved way for Social networks that are turning be a vital field for advertising and creating awareness among people. The internet is a branch of technology where there is loads of traffic. Internet has now become a necessity and has managed to globalize the universe and make it as a small village where people interact freely despite the location and time of the specific region. It has as well given rise to several social networks that allow people to stay connected and in touch at any time of their convenience. Some of the well-known so cial networks include Twitter, Instagram and Facebook. These social platforms have allowed business people to advertise their companies as well as the products being marketed.This research paper will focus on how Instagram has managed to make people more sociable. The previous notion was that social networks are responsible of making people lonely and create an ambience of loneliness. It will shade more light on how Instagram brings peopleà ¢Ã¢â€š ¬s social life into one stage where each and every individual is required to register an account with so as to be given the unique credentials for logging in and interact with other subscribers. Businesses are now turning to social Medias to advertise and promote their sales. This is because of the ever increasing social traffic which is always present regardless of the time or the place of business. Instagram has remarkable improved social exposure and this research paper will conclude on its importance based on purely facts and figures. ThesisThe Research topic that this paper is going to investigate in detail is whether Instagram as a Social network has managed to make people more sociable rather than lonely. My stand on the above argument is that I personally believe and completely agree to the fact that Instagram has truly managed to make people more social as compared to before the beginning of social networks. In order to second my stand in opinion, we will use a demonstrative example trying to campaign for an election contestant who is vying for an elective sit. This will put us in a position able to compare the different forms of campaign and establish the one which managed to reach the most number of people. For my research, I will employ Instagram as one of the trending social networks to establish whether it is making people to be more social rather than lonely.Before putting keen emphasize to the example above we can simply ask ourselves as to why businesses are also targeting the social population as a potential field for advertisement. This is just a way of proving that Instagram (one of the social networks) has made people more sociable and has improved communications. Loneliness on the other hand can be defined as being isolated from the other members of the population and still not in a position to keep in touch with them. A lonely person is one who cannot keep in touch and communicate with others at free will. How can Instagram promote loneliness from our definition of the word itself? Instagram has managed to allow people keep in touch hence my support for the Research topic.Literature ReviewSocial network has been essential in changing the internet from a space widely known for broadcast of information or transmission to a place where users are involved in creating and generating their own personal content. This ranges from short films on You Tube to Facebook updates. This is then followed by the process of signposting their networks to the other contents created by other u sers (Beer, 2008: Thelwell, 2009). For literature purposes, there is a very clear attention on the extent to which social media has become transformative through the way that users keep in touch with one another. Evidences from several sources around that could be found with less difficulty show that campaigning and influencing is the most effectively done activity through peopleà ¢Ã¢â€š ¬s already existing social relationships (Alinsky, 1971; Freire, 1970). Despite the fact that all social media platforms play a major role in this, there is a general sense in which social networks have increasingly become powerful. The masses that can be reached within a given short period of time via social networks are overwhelming. One post with no duplicate of exactly the same information can be viewed and followed by thousands if not millions at a blink of a second.Most of the already existing social networks were initially established on the basis of a more tailored proposition rather than m erely creating an online space where people with common interest could interact freely. My space, for instance, is a social network which was initially started with the sole purpose of enabling aspiring music artistes to share and publicize their own piece of work with other likeminded people among the society. (Pace, 2006). Facebook started as a mere service for students in a U.S university which gradually broadened their service to other non U.S universities and this is even before making the platform accessible to everybody (Kirkpatrick, 2010). This is how social networks simply start and end up being a populated platform with millions of users all over the world.Social network sites provide new audience for civic engagement and for political participation. This facilitates information sharing and brings together networks through actions such as utilizing email, networking practices and user generated content (Montgomery 2007;Vromen 2007;2008). Research studies in Saudi Arabia ha ve shown that 38% of 17-19 year olds employ Social networks (Instagram) for both political and civic engagement (Smith et al. 2009). Political leaders are using Instagram to post images of peace that advocate for peaceful coexistence. The many followers the politician has in Instagram media platform will be able to see what their leader is promoting and even leave a comment if they wish to. Moreover, the followers can get the images from the Politicianà ¢Ã¢â€š ¬s profile and put it as their own so as to spread the message. This is just a simple example of how Instagram has enabled leaders in Saudi Arabia to campaign within a short period of time.For the young generation who do not think through their participation in either civic or issue-based functions as "political" in the institution or traditional sense, Social networks are used to connect the individuals who have similar interests about their own projects (Collin, 2010). Young people are coming up with new participatory commu nities which are by and for their peers. (Harris 2008:489; Boyd 2007:13-14). In addition, services and organizations are increasingly observing social networking practices as the succeeding step towards youth participation in community and government decision making (Collin 2010).Despite the fact that there are still queries as to the extent to which social networks function as virtual public spheres, fostering deliberation and enabling direct participation (Vromen.2008). However, the network for communicating information and numerous point of view "Public sphere" permits the recognition of creative digital expression through the social networks as civic engagement (Burgess, et. al,2006).There is a vast body of academic work on social networks and technology at large which take into consideration the creative, performativity and participatory dimensions of the current digital practices.The general usage of social media can simply be described as the collective media creation and sha ring on a legitimately large scale. This includes social network services as well as other participatory activities like news blogs. The rapid up take of both social media and social network services by the young people indicate a very important shift in young generationà ¢Ã¢â€š ¬s use if internet mainly for information and entertainment as one way of communication. The young generation is made of "producers" who actively produce as well as consume media (Bruns 2008). The participatory media ambience enables the young to take part in creative content production. This also empowers them with brand new means of creating as well as sustaining connections among themselves. As a result, Social network platforms have resulted into new discussions on how to conceptualize and advocate for what has come to be termed as cyber citizenship (Bennett, 1998, 2003: Coleman, 2005).Research MethodologyAs mentioned earlier on in this research paper, I will use a politician social network campaign pr ogram via Instagram to establish the power of the social platform in terms of moving masses within a short period of time. I will visit colleges and higher institutions of learning and promote students to register accounts with Instagram. This on the other hand will simplify my work because I expect only few students if any who will not be having accounts with Instagram. I will then advise all the students to follow the... How Instagram Makes us Sociable Essay - 2200 Words How Instagram Makes us Sociable (Essay Sample) Content: How Instagram makes us sociableAuthorà ¢Ã¢â€š ¬s NameInstitution NameIntroductionThe world has really transformed in terms of technology. Technology is the only thing that changes at a very fast rate. Every day we wake up to a new innovation of technology and ideas. Technology through internet has managed to bring the world together in terms of communication. Despite the varying time zones in different parts of the world, Internet has paved way for Social networks that are turning be a vital field for advertising and creating awareness among people. The internet is a branch of technology where there is loads of traffic. Internet has now become a necessity and has managed to globalize the universe and make it as a small village where people interact freely despite the location and time of the specific region. It has as well given rise to several social networks that allow people to stay connected and in touch at any time of their convenience. Some of the well-known so cial networks include Twitter, Instagram and Facebook. These social platforms have allowed business people to advertise their companies as well as the products being marketed.This research paper will focus on how Instagram has managed to make people more sociable. The previous notion was that social networks are responsible of making people lonely and create an ambience of loneliness. It will shade more light on how Instagram brings peopleà ¢Ã¢â€š ¬s social life into one stage where each and every individual is required to register an account with so as to be given the unique credentials for logging in and interact with other subscribers. Businesses are now turning to social Medias to advertise and promote their sales. This is because of the ever increasing social traffic which is always present regardless of the time or the place of business. Instagram has remarkable improved social exposure and this research paper will conclude on its importance based on purely facts and figures. ThesisThe Research topic that this paper is going to investigate in detail is whether Instagram as a Social network has managed to make people more sociable rather than lonely. My stand on the above argument is that I personally believe and completely agree to the fact that Instagram has truly managed to make people more social as compared to before the beginning of social networks. In order to second my stand in opinion, we will use a demonstrative example trying to campaign for an election contestant who is vying for an elective sit. This will put us in a position able to compare the different forms of campaign and establish the one which managed to reach the most number of people. For my research, I will employ Instagram as one of the trending social networks to establish whether it is making people to be more social rather than lonely.Before putting keen emphasize to the example above we can simply ask ourselves as to why businesses are also targeting the social population as a potential field for advertisement. This is just a way of proving that Instagram (one of the social networks) has made people more sociable and has improved communications. Loneliness on the other hand can be defined as being isolated from the other members of the population and still not in a position to keep in touch with them. A lonely person is one who cannot keep in touch and communicate with others at free will. How can Instagram promote loneliness from our definition of the word itself? Instagram has managed to allow people keep in touch hence my support for the Research topic.Literature ReviewSocial network has been essential in changing the internet from a space widely known for broadcast of information or transmission to a place where users are involved in creating and generating their own personal content. This ranges from short films on You Tube to Facebook updates. This is then followed by the process of signposting their networks to the other contents created by other u sers (Beer, 2008: Thelwell, 2009). For literature purposes, there is a very clear attention on the extent to which social media has become transformative through the way that users keep in touch with one another. Evidences from several sources around that could be found with less difficulty show that campaigning and influencing is the most effectively done activity through peopleà ¢Ã¢â€š ¬s already existing social relationships (Alinsky, 1971; Freire, 1970). Despite the fact that all social media platforms play a major role in this, there is a general sense in which social networks have increasingly become powerful. The masses that can be reached within a given short period of time via social networks are overwhelming. One post with no duplicate of exactly the same information can be viewed and followed by thousands if not millions at a blink of a second.Most of the already existing social networks were initially established on the basis of a more tailored proposition rather than m erely creating an online space where people with common interest could interact freely. My space, for instance, is a social network which was initially started with the sole purpose of enabling aspiring music artistes to share and publicize their own piece of work with other likeminded people among the society. (Pace, 2006). Facebook started as a mere service for students in a U.S university which gradually broadened their service to other non U.S universities and this is even before making the platform accessible to everybody (Kirkpatrick, 2010). This is how social networks simply start and end up being a populated platform with millions of users all over the world.Social network sites provide new audience for civic engagement and for political participation. This facilitates information sharing and brings together networks through actions such as utilizing email, networking practices and user generated content (Montgomery 2007;Vromen 2007;2008). Research studies in Saudi Arabia ha ve shown that 38% of 17-19 year olds employ Social networks (Instagram) for both political and civic engagement (Smith et al. 2009). Political leaders are using Instagram to post images of peace that advocate for peaceful coexistence. The many followers the politician has in Instagram media platform will be able to see what their leader is promoting and even leave a comment if they wish to. Moreover, the followers can get the images from the Politicianà ¢Ã¢â€š ¬s profile and put it as their own so as to spread the message. This is just a simple example of how Instagram has enabled leaders in Saudi Arabia to campaign within a short period of time.For the young generation who do not think through their participation in either civic or issue-based functions as "political" in the institution or traditional sense, Social networks are used to connect the individuals who have similar interests about their own projects (Collin, 2010). Young people are coming up with new participatory commu nities which are by and for their peers. (Harris 2008:489; Boyd 2007:13-14). In addition, services and organizations are increasingly observing social networking practices as the succeeding step towards youth participation in community and government decision making (Collin 2010).Despite the fact that there are still queries as to the extent to which social networks function as virtual public spheres, fostering deliberation and enabling direct participation (Vromen.2008). However, the network for communicating information and numerous point of view "Public sphere" permits the recognition of creative digital expression through the social networks as civic engagement (Burgess, et. al,2006).There is a vast body of academic work on social networks and technology at large which take into consideration the creative, performativity and participatory dimensions of the current digital practices.The general usage of social media can simply be described as the collective media creation and sha ring on a legitimately large scale. This includes social network services as well as other participatory activities like news blogs. The rapid up take of both social media and social network services by the young people indicate a very important shift in young generationà ¢Ã¢â€š ¬s use if internet mainly for information and entertainment as one way of communication. The young generation is made of "producers" who actively produce as well as consume media (Bruns 2008). The participatory media ambience enables the young to take part in creative content production. This also empowers them with brand new means of creating as well as sustaining connections among themselves. As a result, Social network platforms have resulted into new discussions on how to conceptualize and advocate for what has come to be termed as cyber citizenship (Bennett, 1998, 2003: Coleman, 2005).Research MethodologyAs mentioned earlier on in this research paper, I will use a politician social network campaign pr ogram via Instagram to establish the power of the social platform in terms of moving masses within a short period of time. I will visit colleges and higher institutions of learning and promote students to register accounts with Instagram. This on the other hand will simplify my work because I expect only few students if any who will not be having accounts with Instagram. I will then advise all the students to follow the...

The Womb A Marxist Analysis Of Surrogate Motherhood

Commodification of the Womb: A Marxist Analysis of Surrogate Motherhood In the context of classical Marxism, the moral permissibility of surrogate motherhood is forcefully negated. Marxism condemns the practice of surrogacy as an exemplification of commodity fetishism in capitalist society, viewing surrogacy arrangements as a commercialization of the female womb. The term, â€Å"commodification of the womb,† thus arises to describe the process by which services carried out by the female womb are sold and purchased on the market. Through such transactions, the surrogate’s body and the infant it produces are transformed from subjects to objects that have both exchange value and use value in their commodified state. The Marxist criminalization of commercial surrogacy originates from the class divisions produced when the reproductive labors of poor women are exploited by wealthy couples. Because the parties within a surrogacy contract often are not autonomous equals and hold distinct relationships to the means of production, female surrogates unintentionally reinforce class divisions through their participation in womb commodification. However, there are also cases in which surrogates are not drawn from lower economic strata, so the possibility of their labor being â€Å"forced† by economic circumstances is attenuated. These include instances of altruistic surrogacy, in which the surrogate is motivated by a desire apart from monetary need, such as a wish to bestow a gift upon the

Total Quality Pioneers Paper - Free Essay Example

Sample details Pages: 2 Words: 623 Downloads: 1 Date added: 2017/09/23 Category Advertising Essay Type Argumentative essay Did you like this example? Vannesa Quality Management and Productivity/MGT 449 September 13 Total Quality Pioneers In this paper, quality and elements will be defined, a description on how the quality pioneer’s use of total quality elements made the pioneer successful, explanation on why the elements of quality are useful in today’s environment, and the foresee future of quality. Quality can mean different things depending on the industry being discussed. Quality can be defined as a dynamic state associated with products, services, people, processes, and environment that meets or exceeds expectations and helps produce superior value†(GoetschDavis,2010). Elements important to an organization are vision, mission, objectives, customer focus, obsession with quality, commitment, continual improvement, education, and training. The elements assist organizations with creating a new foundation and maintaining a structure that may allow an organization to be successful if the elements are uti lized and there is continual improvement. There are three well-known quality pioneers known for the use of total quality elements. The pioneers are W. Edwards Deming, Joseph M. Juran, and Philip B. Crosby. The United States and international countries did not warmly welcome Deming and the United States dismissed Deming as the United States believed there was little competition with international countries and his opinion was not needed. After World War II, Japan had to make a change from producing raw materials to producing consumer goods. This change put Japan up against other countries and Japan was not having much success with the new change. Japan contacted Deming for his expertise advice and was open to making the appropriate changes needed in order to be successful. The turn around for Japan was using Deming’s fourteen point structure. â€Å"The fourteen points summarize Deming’s views on what an organization must do to effect a positive transition from bu siness as usual to world glass quality†(GoetschDavis,2010). Joseph M. Juran founded an institute named Juran Institute Inc which is an international leader in conducting training, research, and consulting activities in the area of quality management†(GoetschDavis, 2010). Juran is best known for his three basic steps to progress, ten steps to quality improvement, Pareto Principle, and the Juran trilogy. Juran advises organizations to focus their improvement by identifying and eliminating problems or sources of their problems. Philip B. Crosby is best known for his advocacy of zero defects management and prevention, quality vaccine and fourteen steps to quality improvement. Crosby has a successful background in quality, formed Philip Crosby Associates, and then spent his time giving lectures on quality related issues. Many organizations have used the pioneer’s methods and have been able to turn around their organizations. Elements of quality are useful in todayâ €™s environment because the elements give organizations specific instructions and structure in order to be successful. If organizations are willing to follow basic steps, Jurans ten step, or Deming’s fourteen steps, then an organization has a good chance at turning their current situation around and becoming successful. Quality’s future will continue as long as competition exists. Organizations will continue to utilize the three pioneer’s elements in order to maintain structure, provide quality product and service. Organizations must have a strong, clear plan set in place, and have the organizations full commitment in order to be successful. The changes cannot happen over night and organizations will need to be patient and allow the changes to take its course. The three pioneers W. Edwards Deming, Joseph M. Juran, and Philip B. Crosby have proven their total quality elements have assisted organizations in being successful. Many organizations continue t o use their methods to keep their organization structured. References Goetsch, D; Davis, S. (2010). Quality Management for Organizational Excellence: Introduction to Total Quality, Sixth Edition. Published by Prentice Hall. Don’t waste time! Our writers will create an original "Total Quality Pioneers Paper" essay for you Create order

Terrorism And Its Effects On The United States - 1433 Words

Externally, states take into account any and all threats existing in their environment that may bring about conflict to its right to rule. As states spend resources and time parcipaniting in competing with its outside rivals in military and economically ways to neutralize the threats to its legitimacy. On the other hand, how about the internal threats to the state legitimacy. With that being the case, is it possible for a state to be as successful with neutralizing threats to its legitimacy imposed by its people, in the same way as its external threats? To answer this question, yes it is possible. Generally using violence is seen as the primary tool in achieving the goal of overthrowing the state, in the traditional forms of armed guerillas or violent protesters rioting and looting. In this situation, the response from the state consist of confronting the protesters with the army and police as a means of overwhelming the violence with using violence upon the people and crushing the u prising. This practices has been used for hundreds of years by states to protect their claim of legitimacy and is still today the ideal thinking for handling protest. However, now things have changed in the past couple decades. As a trend of revolutions lunched by massive amounts of unarmed people protesting and taking part in nonviolent civil disobeys against the state has become very successful. With this in mind, states face a new real challenged to their legitimacy, as now the ways in whichShow MoreRelatedThe Effects Of Terrorism On The United States897 Words   |  4 Pagesincrease numbers of terrorism. Countries around the world are becoming more in favor of securing their border and bring in less and less immigrants. This sentiment has been gradually increasing over the years. 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The effects of man-made global warming and terrorism - mainly suicide terrorism, are certainly challenges that call for solutions. When solving terrorism, states must invest heavily in homeland security in order to send a powerful message towards terrorist

What I Learned From Plato s Apology - 889 Words

Socrates’s Teachings Three Things I Learned From Plato’s Apology â€Å"I appear to be wiser than he, because I do not fancy I know what I do not know.† Plato’s Apology. Socrates was known to be one of the worlds greatest philosophers. In the famous dialogue, written by Socrates’s pupil, Plato, we are portrayed with an even more influential and strong minded Socrates. In this dialogue Socrates is put to trial amongst the people of Athens, where he is accused of atheism and corrupting the youth. Socrates delivers not much an apology, but a monologue justifying his actions. Through Plato’s depiction of his late teacher, Socrates, we reflect on three things that he is accused of, but also three things he indoctrinated within Athenian youth and today’s society. The basic notion expressed by Socrates was his revelation of his own ignorance. One of the largest things I took from this dialogue was the way Socrates revealed this profound idea that he knew nothing. While lecturing these very tempestuous men he tells them that he is of one of the most wisest men in todays world. They obviously take offense to this, although Socrates ignores their loathing, and proceeds to describe who he is as a man and philosopher. He is aware of his own inexperience and this is why he is wise. Personally I really enjoyed his interpretation of himself. Socrate’s was trying to describe that we as humans have a common understanding with the person next to us. WeShow MoreRelatedApologies Are The New Teachers971 Words   |  4 PagesApologies Are the New Teachers (Three things Learned from Plato’s Apology) There are many writers, authors, and speakers in this world that are considered among the greats, but perhaps the greatest two of western speculation are Plato and Socrates. These two hand in hand had a huge influence on American Literature and others as well. 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As his position takes form in the Republic, Plato claims that only a very few individuals are capable of understanding how humanRead MoreThe Apology And Interpretation Of The Trial Of Socrates1183 Words   |  5 PagesThe Apology is Plato s account and interpretation of the trial of Socrates (399 BC). When the Thirty Tyrants were ruling Athens, Socrates was asked by them to help capture Leon of Salamis, a wealthy man. This arrest was to be made simply because Leon was a just Democrat and the Tyrants wanted to take his huge estate for themselves. Socrates disobeyed these orders hence why he was later executed as a traitor of Athens. Meletus was the man who then brought Socrates before a jury for prosecution. SocratesRead MorePlato s Ideas For Making Life977 Words   |  4 Pagesthe yeah it is the perfect place to be at the time. This is also home to the world s first true and probably greatest philosopher: Plato. He born into a prominent and wealthy family in the city and devoted his life to one goal: helping people to reach the state of Eudimonia (fulfillment). Plato is often confused with Socrates Socrates, he was an older friend whom taught Plato a lot, but didn t write any books. Plato wrote lots of them, 36 full dialogs beautifully crafted scripts of them imaginaryRead More Plato on Education as the Development of Reason Essay3512 Words   |  15 PagesPlato on Education as the Development of Reason ABSTRACT: Socrates great educational innovation was in ascribing moral worth to the intellectual activity reflectively directed at ones own life. His concept of eudaimonia was so different from the ordinary that talking about it took on sometimes a paradoxical air, as in Apology 30b3. For him, reason is not a tool for attaining goals independently thought worthwhile; rather, rationality itself, expressed in the giving of reasons and the avoidanceRead MoreAn Apology for Poetry by Sir Philip Sidney2943 Words   |  12 PagesClarke LITS2002 Notes 01 1 SIR PHILIP SIDNEY, AN APOLOGY FOR POETRY (1595) Sidney, Sir Philip. â€Å"An Apology for Poetry.† Critical Theory Since Plato. Ed. Hazard Adam s. New York: Harcourt, Brace, Jovanovich, 1971. 143-162. Sidney’s argum ent is divided into several sections and subsections. In order to m ake sense of this im m ensely long but im portant essay, you should read those sections m arked by an asterisk (*) below and in the order given: 1. From â€Å"Now then we go to the m ost im portant imputationsRead MoreEssay on A Reflection on the Meaning of Life from Three Perspectives1911 Words   |  8 Pages What is the most asked philosophical question? It seems to me that the answer is: what is the meaning of life? 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Market Economy vs Planned Economy free essay sample

The market economy is not run by a high authority. Instead it is run by many individuals regarding production, consumption and work. * The market is free and prices can be of a wide range * The market economy is intended for a middle/upper class. This is because people can earn as much money as they want, upper class people don’t have to distribute a profit evenly. * The theory of the market economy is to give people the capability to earn as much money as they want and do what they believe is in their best interest e. . a modern citizen designs a product and keeps 80 % of the profit and leaves the 20% precent of the profit to be evenly spread between the workers. * The market economy doesn’t cater for the poor, the sick, the disabled and the old age people. * The high authority cannot control how much is produced or how much the product will be sold for e. g. companies can produce as much as they like and make as many colours as they like. | * The Market economy is run by a high authority. It is usually the Government e. g. North Korea’s, he/she controls how the economy operates. * The Government makes a decision on the price of goods and services. * The Planned economy is aimed at a lower/middle class. This is because people’s incomes are evenly distributed by the Government so there is a small chance a person can become richer than another. * The theory of the planned economy is to ensure an equal amount of credit is given to everyone that contributes to making the economy greater e. g. companies distributing the credit for producing socks. The planned economy gives an equal amount of income to everyone which helps the sick, the old, the weak and the disabled * The high authority decides how much is going to be produced, in what way and the amount of profit that given to the labourers e. g. there is a t-shirt company, the government enforces the rules about how many is made, what colour and the income of the labourers| Information used from http://www. oppapers. com/essays/Market-Vs-Plan ned-Economy/160245 Use as source http://www. twq. com/04autumn/docs/04autumn_crocker. pdf Market Economy Effectiveness The success of the market economy is that the public can have private ownership of a company, â€Å"the prices of goods and services are set by the supply and demand of goods and services† http://www. differencebetween. com/difference-between-command-economy-and-vs-market-economy/ , This means that the market is free and there is no other organisation that can intervene with the way it functions. The economic problem â€Å"An economic problem is basically the problem of choice which arises because of scarcity of resources. † http://www. preservearticles. com/201104115229/what-is-an-economic-problem-and-why-does-it-arises. tml â€Å"The economic problem emerges because our desire for goods and services to consume is greater than our ability to produce those goods and services. The demand for goods and services arises from human wants. † http://faculty. etsu. edu/hipples/ProbSys. htm, these definitions mean that the producers cannot keep up with the demand for good s and services because of the limited amount of resources. The level of per capita income in a market economy is high because the profit of organisations goes towards the economy, the owner/CEO, and the employees. If the income distributed to the workers increases then they are motivated and more productive as they realise the harder they work the more money they make. This can have a major effect on the economy because the more the income earned the more will be spent on goods and services which provides more work for others. The businesses itself supports the economy by spending money on shares and spend more on wants such as new technology and resources to run the company, they also lend money and invest money. The way the Market economy handles the economic problem is by increasing and decreasing the price of goods and services with use of resources and discovery of new resources. The market economy creates wide competition so prices can be cheap creating more demand and eliminating competition. The market economy allows for infinite products to be introduced, the prices of these affects the way the consumers think about the quality and cost of the goods. The availability to goods and services in a market economy are huge because of the new businesses being created every year offering new products. The market economy is packed with new businesses offering new products. The public’s demand for products increases every year, as technology grows the public get induced and buy, buy, buy. This creates business opportunities for many, meaning a great access to a wide variety of products. Usually law and order in a Market economy is balanced to suit the public’s needs. In America there is plenty of policemen, lawyers and judges. The amount of youth crime in America is show on the website http://bjs. gov/content/pub/pdf/iscs11. df , the site states â€Å"In 2009 about 31 precent of grade 9-12 reported they had been in a physical fight at least once during the previous 12 months†, the website https://www. ncjrs. gov/pdffiles1/ojjdp/233581. pdf displays a graph. This graph indicates that the crime rate of youths depleted from 1996 to 2001 but then sharply rose. This indicates that the education in America is needs to be enforced stronger. The environmental quality in a market economy The social reform in a market economy is that it offers a lot of choice and sustainability. It provides an environment where people can afford more than needs such as health care, education and housing. It provides a better life for its workers. An example of this would be In Japan many people are born in a hospital and another example would be that it is compulsory for students to go to school and get proper standard of education. This economy increases education through the need for smarter people to create businesses and new technology and ideas, in the businesses other highly educated people are needed e. g. Scientists, economists, teachers, computer experts and architects. The education in a market economy may have a variety of factors which make the education higher or lower in a country, the amount of schools, the skill level of teachers and the attitude of the students. The amount of schools is affected by resources, builders and designers. High educated people are needed for designing a building. The skill level at which teachers are taught may affect the education and in a market economy teachers are paid highly in return for the use of their skills in a school environment. The attitude of the students really depends on what they want to achieve in life and also their family, their family may alter their view on what they want to achieve. Information about market economy the public have free rights to create a business/company. This is important in our economy as it relies on businesses to fuel the economy through employment, shares, imports and exports. The right to create a company can increase or decrease employment, for example a building may need to expand so it hires more people, increasing inflation. The building may need to cut some employees, decreasing inflation. An important characteristic of the market economy is it allows â€Å"Private ownership of property through the existence and enforcement of private property rights†, Year 11 economics 2011, pg 40. The market economies have a high standard of living because everyone has the right to earn as much money as they like. The companies that create the products will have to increase and decrease their prices as peoples income goes up and down, this raises the amount of competition. The government has made a policy where a company can only set a price between what the government’s policy says, this policy is also referred as price dog. This prevents large businesses creating a monopoly and exposing its producers. It also allows for smaller companies to compete. The country Syria is about to transform a planned economy to a market economy. According to ‘Hard choices for the government. Economist’, the change will have a massive raise in the cost for lifes needs: food, water and clothing. The planned economy it was in showed that everyone had job to pay for these essentials even though wages were fairly low. The Syrian Government is in need of money so this is its way out. But in the long run everything will catch up making a securer economy, the income of people will raise due to foreign investment creating more employment in areas such as oil and agriculture. The U. S is putting slight pressure on the government to change as it will increase the value of the American dollar because of foreign investment. The Syrian dollar might raise slightly but no where near as much as the Australian dollar or American Dollar. When finite resources are found the market economy will show an increased raise in the GDP for example, Australia was heading for a depression in 2007 but then large amounts of finite resources were found, which increased the Gross Domestic Products sold raising the dollar. The Government does very little for the Economy such as ensuring a standard level of competition and putting money from businesses back into the economy. Planned Economy The planned economy has special processes involved it, it is run usually by some high authority such as the government (North Korea’s Dictator) or other people of high authority. The powerful leader sets prices for particular goods and services. Many economists will define a planned economy as â€Å"the production of goods and services when it is needed. † http://www. differencebetween. com/difference-between-command-economy-and-vs-market-economy/ The level of per capita income in a planned economy is balanced because as the communist manifesto states â€Å"everyone earns the same amount of income†. The Government takes a piece of everyone’s incomes and spends it on things in its national interest, some of which are dams, recruiting people into the Amy, agriculture, education and basic medical needs. The balance of income is positive because people’s needs are met first. An example of a country with a balanced income would be North Korea. Every single person earn $1,800(International Currency) per annum according to the CIA world fact book, the information is from 2004(www. cia. gov/library/publications/the-world-factbook/rankorder/2004rank. html ). What this does to the North Korean economy is lower the price of goods and services making them more affordable for the people. Information about Planned Economy In a planned economy, usually a communist country, the Government decides, based on what their goals are, the amount of goods and services that are to be produced, the price of products, the process in which the product is distributed and the income of the public. The Government sets a goal for industries and companies for the amount of products to be produced and how they are produced e. g. The Government may say to a shoe company we need you to make 3,000,000 pairs of shoes within 7 weeks, and you must produce them in this way and must only distribute them to these people. The price of products is affected by the government, this can be a positive because prices help prevent wastage of resource, and they act as signalling devices to producers and consumers to adjust their economic behavior† See PowerPoint list in refernces. The Government can control the price of g + s if it thinks the g + s will rise too much causing lower demand by the public. The employment is broken down into three sectors: Primary, econdary and tertiary. A country like Cuba would have more primary industry wokers rather than tertiary workers because education would be low, everyone would have to get a job so most would resort to work where little experience is needed. A country with like America would have more tertiary and secondary workers because America has a free market, which gives opp ortunity for everyone to make income and education is high. Income is set according to the job profession and cannot be increased (it is decided by the government when to be increased and not by the organisation). The Government decides how much of the public’s income should be taxed. The range of a particular a good e. g. pants were limited so only one brand maybe produced. In a planned economy â€Å"selection was restricted to the source of goods and services and private decision making in regards to employment, job area and choice of work environment was also strictly limited. † http://www. enotes. com/centrally-planned-economy-reference/centrally-planned-economy The benefits of having a centrally planned economy . â€Å"The production of goods and services cannot be brought about by the people through demand. Because the state possesses all the products produced, people that contributed to the profit will get an equal amount of money; this ensures no one is subject to an unjust amount of money e. g. a company earns 50 dollars profit and the CEO get %80 and the rest of the workers evenly get a part of the remaining %20. People cannot bring about the production of goods and services through demand. * Because the state owns all of the factor of production, any profit can be re-distributed so that the people who contribute to the profit can benefit from it. Refernces Hard choices for the government. Economist, 00130613, 1/22/2011, Vol. 398, Issue 8717 Essay The quality of life is higher in a market economy than a planned economy. The level of income per capita in a market economy is sophisticated and efficient creating profit, whilst the planned economy lacks the structure of distribution of income to people. The education provides a demand for highly educated people performing specific tasks, whilst a planned economy barely delivers some skilled people. The health care in a Market economy provides the best medical services but costs, the planned economy offers a balanced health care system. The market economies’ sophisticated distribution of income within a market economy is much more efficient than a planned economies distribution of income. The level of per capita income in a market economy is high because the profit of organisations goes towards the economy, the owner/CEO, and the employees. If the income distributed to the workers increases then they are motivated and more productive as they realise the harder they work the more money they make. This can have a major effect on the economy because the more the income earned, the more will be spent on goods and services which provides more work for others. The businesses itself supports the economy by spending money on shares and spend more on wants such as new technology and resources to run the company, they also lend money and invest money. The planned economy distributes a large percentage of the profit to the government and the rest is distributed equally amongst the workers, and this can cause a dramatic change in the increase and decrease of inflation in a country, which can cause unpredicted resulting in a depression. But an unequal distribution of income can also create problems â€Å"High inequality threatens a country’s political stability because more people are dissatisfied with their economic status, which makes it harder to reach political consensus among population groups with higher and lower income† The profit from organisations goes equally towards CEO’S and employees. In effect the motivation of the CEO’S and employees goes down because they cannot work harder towards a better goal thus the economy will start to destruct. The jobs in a planned economy are scarce â€Å"selection was restricted to the source of goods and services and private decision making in regards to employment, job area and choice of work environment was also strictly limited. †. Since the government decides what can and cannot be made certain jobs are restricted . e. g. since there are a small amount of factories in Cuba, jobs will be limited. But everyone receives a job even if it is not what they decide. In planned economy the peoples basic needs are to be met, the profit from the goods are services is controlled by government. In both economies there is a high demand for highly skilled employees. This economy increases education standard through the need for smarter people to create businesses and new technology and ideas, in the businesses other highly educated people are needed e. g. Scientists, economists, teachers, computer experts and architects. The education in a market economy may have a variety of factors which make the education standard higher or lower in a country, the number of schools, the skill level of teachers and the attitude of the students. The number of schools is affected by resources, builders and designers. High educated people are needed for designing a building. The skill level at which teachers are taught may affect the education and in a market economy teachers are paid highly in return for the use of their skills in a school environment. The attitude of the students really depends on what they want to achieve in life and also their family, their family may alter their view on what they want to achieve. An education in a planned economy is equal among all students and the benefit of this is everyone receives the same education promoting a country with fair opportunity for learning. In planned economy students may not acquire the base line education to achieve a specific goal e. g. all schools in Cuba may not teach physics, making it hard on students to become a pilot or astronaut. Some planned economies offer a prestigious education in some areas e. g. Cuba has highly educated doctors which are constantly being hired by other countries. Schools are run by the government, are free and compulsory, which means less burden on families. Schools provide free uniform and free meals for students. The universities are also free, that means students can access education based on their merit without the financial burden. The two economies provide highly educated doctors part health care systems, both are efficient in different ways The Market economy provides a very efficient health care system, but only for those that can afford it. There is no public health care system in a market economy, instead there are many private healthcare companies, these often are high in cost. America is close to having a market economy but they have a somewhat health care system but it is not very efficient because of the lack of doctors as most work for private health companies. Australia on the other hand has a well-structured health care system as everyone.

Impact of Internet Banking in Bangladesh free essay sample

MBA International Islamic University Chittagong Subject: â€Å"Impact of Internet Banking in Bangladesh†, with the discussion of a Commercial Bank Dear Sir, With immune pleasure, we present herewith the assignment on â€Å"Impact of Internet Banking in Bangladesh†, with the discussion of a Commercial Bank gives us opportunity to learn about Internet Banking. We hope that you will appreciate our endeavor will find the assignment useful. We shall be glad to clarify any point mentioned in this assignment. Thanks regards. Sincerely yours Group: C Course: Financial Management Program: MBA International Islamic University Chittagong Dhaka Campus Acknowledgement Assalamualaikum First we thanks to Almighty Allah for giving us the scope and capacity of presenting and completing the assigning task within the given time. We also thankful to our honorable faculty Zahir Raihan Assistant Professor, Finacial Management, MBA Program, International Islamic University Chittagong, Dhaka Campus for his faithfulness and enthusiastic attentiveness in our course. Group: C Course: Finacial Management Program: MBA International Islamic University Chittagong Dhaka Campus Background of the Assignment The definition of e-banking varies amongst researches Hasan et al. 2719 partially because electronic banking refers to several types of services through which bank customers can request information and carry out most retail banking services via computer, television or mobile phone (Daniel, 1999; Mols, 1998; Sathye, 1999). Burr (1996) describes that it as an electronic connection between bank and customer in order to prepare, manage and control financial transactions. E-banking is form of banking, where funds are transferred through an exchange of electronic signals between financial institutions, rather than the exchange of cash, checks, or other negotiable instruments. The ownership of funds and transfers of funds between financial institutions are recorded on computer systems connected by telephone lines. Customer’s identification is by access code, such as a password or Personal Identification Number (PIN), instead of a signature on a check or other physical document. E-banking involves individual and corporate clients, and includes bank transfers, payments and settlements, documentary collections and credits, corporate and household lending, card business and some others (UNCTAD, 2002). Banking has never been more important to our society than it is today. The advance of communication and computer technology and the availability of the Internet have made it possible that one can do most banking transactions from a remote location even without stepping into a physical financial structure that is, the emerging of e-banking (Bruene, 2002). The way Bill Gates (2008) announced, â€Å"Banking is essential, banks are not†. This quotation means that the traditional bank branch is going to vanish in order to be surrogated by electronic banking, which continues to attract new users. The banking industry believes that by adopting new technology, the banks will be able to improve customer service level and tie their customers closer to the bank. Larger banks that maintain expensive branch networks tend to have the greatest incentive to adopt E-banking services. In comparison, smaller banks have higher start up costs and tend to have a high initial technological cost in developing e-banking services. Many banks quickly realized that there are a momentous number of customers like to do banking electronically. The application of E-banking has been proven as an effective way to reduce the costs of operation for the financial institutions. For instance, E-banking services will allow banks to reduce expenditures on physical structures. It is believed that the E-banking will help banks to cut costs, increase revenue, and become more convenient for customers (Halperin, 2001). Another important benefit from E-banking is a more effective information collection and management. A combination of a low percentage of customers using e-banking services on a consistent basis and a relatively low start-up cost in developing e-banking services in the banking industry will make the impact of e-banking (positive or negative) quite limited on financial institutions. Finally, the development of e-banking service has encouraged the adoption of decentralized approach to give banks more needed flexibility to distribute Internet access to a much larger number of employees and potential customers. Methodology And Limitation Methodology The study in descriptive in nature. Data used in this study are collected from the secondary sources. Primary data are also collected through personal interview method conducting the persons who are suppo sed to have knowledge about the problem. Secondary data were derived from various sources including the annual reports of Citigroup, Citigroup website, the Financial Statement of Citibank N. A. Bangladesh etc. for the comparison of the products, website of different Banks offering Internet Banking and some bankers working on those particular banks were consulted. For some specific information, officials of Bangladesh Computer Council and Bangladesh Institute of Bank Management provide necessary inputs. Limitation Bangladesh is lacking behind to use internet banking in banking transaction-comparing most of the SAARC Countries. So collecting data is very much difficult in Bangladesh where banks are still thinking EPC operation is a competitive advantage in banking business.