Communism vs. Hegelism - 1679 Words

In the late 18th and early 19th century, revolution was on the tip of the world’s collective tongue. The French monarchy was in the process of being overthrown; there was political and civil unrest throughout Europe. In the midst of all this turmoil Georg Wilhelm Friedrich Hegel emerged, presenting an analysis of history that would echo through the future, an understanding of the human condition, and an estimate of the end of said history and what would bring it about. This end of history would be brought about by the State, for the State’s sole purpose was to bring positive change and freedom to the individual. Less than a century later, Karl Marx released the Communist Manifesto. Marx had drawn heavily from Hegel for basis of his†¦show more content†¦Hegel believed that this was the case because the State, the democratically elected, equally represented State, exists for one reason only: to provide and improve the freedoms of the individual citizens withi n it. The State is created and owned by all the people that it rules, â€Å"The State, its laws, its arrangements, are the rights of its members† (Hegel 346). As a result, Hegel believes that there can be no further progression of society, as there is no longer a class to oppress another. There will be no more class struggle, no more uprisings, no more revolution for all changes will now be made within the State. Change will occur, but history, as Hegel has described it, will no longer progress. By stating that history has ceased and that we have reached our perfect method of achieving freedom, Hegel has essentially proposed a perfect, overly idealistic world; a world which we have no indication that we have reached, and if we still have yet to improve, he makes no mention of where improvement much occur. In essence, this leaves those following a Hegelian view of society without any real path to follow, and no set objective to achieve. Conversely, Marx lays out not onl y what is required of the world in order to attain our perfect societal state, but also what is required in order to arrive there. Carl Marx, while similar to Hegel in some ways

What Went Wrong with Libor Rate - 2312 Words

s [pic] GROUP #: 5 MEMBERS #: 47713, 00000, 00000, 00000, 00000 PROGRAM: MBA29 COURSE: FINANCE IN INTERNATIONAL MARKETS INSTRUCTOR: PROF. LUC KEULENEER GROUP PAPER: WHAT WENT WRONG WITH LIBOR RATES? â€Å"Honesty is a very expensive gift. Do not expect it from cheap people† Warren Buffet Table of Contents Introduction 2 History 2 Origen of the crisis 3 Probable Reasons for the LIBOR manipulation 5 Main players involved in the LIBOR scheme 6 Recommendations on what to do to avoid this problem 6 Reference List 8 What when wrong with LIBOR rates?†¦show more content†¦Barkley replied that its situation was strong and that it believes that were the other banks the ones that were quoting lower than effective interbank borrowing cost rates (Kregel 2012. p. 2-4). The main victim of this manipulation would have been the competitiveness in the financial markets; as this scheme would unfavorably influence the efficient distribution of capitals and cause distortion of prices, i.e. the mortgage prices would decreased and therefore the amount of houses sold would increase dramatically as well as related assets; such as: furniture, construction materials, etc. while depressing others. The (Abrantes-Merz, Kraten, D. Metz, and Seow, 2012. p. 138). The free market principles were breached and the impact was staggering as the Libor is the main benchmark for short-term Interest rates, a negligible distortion on LIBOR would lead to huge capital transference from lenders to borrowers in an immoral way (Abrantes-Merz, Kraten, D. Metz, and Seow, 2012. p. 1). Maybe the very same process to estimate the LIBOR rate propitiated the manipulation scheme. The BBA select 16 banks that submit quotes based on their effective funding costs. This open the possibility that even 5 of the 16 banks could collude to influence the LIBOR rates. The type of banks selected could also be a factor to try to influence the LIBOR, i. e. If they are lenders, they would be benefited from higher IBOR rates; on the other hand, if borrowers they would welcomeShow MoreRelatedWhat Went Wrong with Libor Rate2312 Words   |  10 PagesMARKETS INSTRUCTOR: PROF. LUC KEULENEER GROUP PAPER: WHAT WENT WRONG WITH LIBOR RATES? â€Å"Honesty is a very expensive gift. Do not expect it from cheap people† Warren Buffet Table of Contents Introduction 2 History 2 Origen of the crisis 3 Probable Reasons for the LIBOR manipulation 5 Main players involved in the LIBOR scheme 6 Recommendations on what to do to avoid this problem 6 Reference List 8 Read MoreAnalysis Of Barclays Ceo Bob Diamond1189 Words   |  5 Pages2012, Barclays CEO Bob Diamond went before the Treasury Select Committee in the U.K. House of Commons admitting that his company manipulated the LIBOR (the London Inter-Bank Offered Rate). LIBOR has been used since 1969 as a reference rate in the operations of international financial markets and become the basis for trillions of dollars of financial transactions. This case study gives background and overview on the events that lead to and who were all involved with what happened. Ethical challengesRead MoreBarclays and the LIBOR scandal2051 Words   |  9 Pagesindividuals that benefitted from the manipulation of LIBOR. The Barclays derivatives traders, Money Market Desk, Bob Diamond and senior management and other banks all had some sort of gain from the LIBOR scandal.Let’s start with the people that had the most monetary gain - the Barclays derivative traders. It is said that LIBOR has been manipulated since the early 90s. Since then, there has been trillions of money made by derivate traders as they influence LIBOR. The traders communicated with the Money MarketRead MoreBarclays Scandal: Libor Essay2304 Words   |  10 PagesFebruary 2013 Subject Implication of The Recent Libor-Fixing Scandal for Barclays Bank 1. Executive Summary * The London Interbank Offered Rate (Libor) is the average interest rate charged to banks for lending funds in the interbank market (Investopedia n.d.). * The UK Treasury reported that Libor is responsible for an estimated $300 trillion worth of financial transaction (BBC 2012). * Barclays’ traders submitted inappropriate rates upon derivative traders request (FSA 2012). Read MoreShould Big Banks Be Broken Up?1842 Words   |  8 Pagesaimed to end this TBTF distortion, yet the question remains that whether these proposed reforms could effectively respond to the crisis. Calomiris(2013) uses the analogy of a laundry list to argue that what regulators and politicians do is just like assembling a laundry list of the things that went wrong in the last crisis and then they introduce a new, more complicated set of regulatory initiatives which only prevent the repetition of the problems. Others such as Admati(2013) share the view, and Johnson(2013)Read MoreCfa Level 3 2013 Summary8327 Words   |  34 PagesLiquidity, tIme, Tax TDA vs. TEA – Higher Enders Take TEA – Higher Ending Tax rate TEA better Residence vs. Source – Pay Greater rate with Credit, Exempt Source Income, Deduct Paid Taxes If our Human Capital is Bond-like, we should invest more aggressively (equity) and our demand for life insurance increases. ------------------------------------------------- Type I amp; II Error – Type I, I did something (rejected H0) wrong; Type II, failed TO reject H0 ------------------------------------------------- Read MoreCredit Crunch And Its Effects On The Economy1752 Words   |  8 Pageswas less liquidity in money market and most of business owners were affected because there was fewer cash flow in business and the whole economy. However, there are various reasons that cause credit crunch for example, sudden increase in interest rates, direct money controls by the government and a drying up of funds in the capital market (Pettingger, 2011). It can be seen that 2007 credit crunch occurred due to the deficiency of funds in money market as a result from the collapse of big financialRead MoreAnalysis Of The Current Financial Crisis3196 Words   |  13 Pagesconfusing as to what model exactly should one believe in, what really happened, why and what should be put to action to prevent a repeat of the same situation. This paper analyses the current financial situation, explaining it the different theories of financial crisis, with evidences. Krugman explains the cartoon model of financial crisis. The model has three parts; the aggregate demand equation. The equation relates the domestic spending to real income alongside the interest rate, with the netRead MoreI Just Want to Register5605 Words   |  23 PagesWhat Went Wrong with Starbucks? Financial Analysis and Business Evaluation Case Study By Julia S. Kwok* Elizabeth C. Rabe Northeastern State University * Corresponding author: Department of Accounting and Finance, College of Business and Technology, Northeastern State University, Broken Arrow, OK 74014; Email: kwok@nsuok.edu; Phone: 918-449-6516. What Went Wrong with Starbucks? Financial Statement Analysis Abstract After decades of grande growth based on the Starbucks experience, StarbucksRead MoreStarbucks5608 Words   |  23 PagesWhat Went Wrong with Starbucks? Financial Analysis and Business Evaluation Case Study By Julia S. Kwok* Elizabeth C. Rabe Northeastern State University * Corresponding author: Department of Accounting and Finance, College of Business and Technology, Northeastern State University, Broken Arrow, OK 74014; Email: kwok@nsuok.edu; Phone: 918-449-6516. What Went Wrong with Starbucks? Financial Statement Analysis Abstract After decades of grande growth based on the Starbucks experience, Starbucks

If You Were a Manager How Would You Motivate Your Employees Free Essays

What motivates employees? Motivation is the inner power or energy that pushes toward acting, performing actions and achieving. Motivation has much to do with desire and ambition, and if they are absent, motivation is absent too. The topic of motivating employees is extremely important to managers and supervisors. We will write a custom essay sample on If You Were a Manager How Would You Motivate Your Employees or any similar topic only for you Order Now Motivation strengthens the ambition, increases initiative and gives direction, courage, energy and the persistence to follow one’s goals. A motivated person takes action and does whatever it needs to achieve his/her goals.Motivation becomes strong when you have a vision, a clear mental image of what you want to achieve, and also a strong desire to materialize it. In this situation motivation awakens and pushes you forward, towards taking action and making the vision a reality. A great place to start learning about motivation is to start understanding your own motivations. The key to helping motivate your employees is to understand what motivates them. Each person is motivated by different things and in different ways.Whatever steps you take to support the motivation of your employees, they should first include finding out what it is that really motivates each of your employees. You can find this out by asking them, listening to them and observing them. A positive motivation improves productivity, quality and service and it helps people to gain a positive perspective, create the power to change, it build self-esteem, capability and manage their own development and help others with theirs too. To have successful business managers must keep motivation standards amongst their employees at a high level.The following specific steps can help you go a long way toward supporting your employees to motivate themselves in your organization: 1. Salaries: some people work for personal fulfilment, others work for love of what they do. Others work to accomplish goals and to feel as if they are contributing to something larger than themselves. The bottom line is that we all work for money. A good salary every month keeps employees happy, so that they can satisfy their basic needs like food, clothing and shelter.So managers should pay sufficient amount of salary and also be able to increase that amounts on a yearly basis too. 2. Safety at work and good work environment: working conditions are very important to employees because they influence the way they feel about the place they work in. Employees should work in humane conditions so they can feel good and comfortable. In this way they can apply themselves better to the work they are asked to do and therefore they can achieve more. It is also equally important that employees feel to be safe and protected in a good, modern office building, rather than an old one. . Offering training: one thing employee’s demand from the organisation, especially younger employees, is the opportunity to sharpen or add to their skills. Offering training as a perk for a job well done can be very beneficial. It makes them happy because they can learn more skills and they become more employable down the road. The type of training you can offer depends on the type of business you have, but it should certainly include computer courses as technology nowadays has developed so much that it makes business life easier. Such courses are more suited to today’s younger employees.Older employees may appreciate courses offering management skills, financial planning and so on. You can offer in house trainings or send your employees off-site. Or you can offer video and internet-based trainings. What matters is to design such a job related training programme that will not only be job related but also to develop personally the employee. 4. Recognition: Positive recognition is one of the mightiest of motivating factors at work. When employees accomplish what they have been asked to do at high standards, they feel the sense of achievements. Your recognition is appreciation for that achievement.I believe that most managers don’t give enough recognition to their employees because they don’t get enough themselves. By taking notice of an employee’s efforts and letting the employee know when he or she is doing an especially good job, you’ll reinforce that behaviour and the employee is likely to repeat and build on the traits you want to encourage. It is worth panting out that recognizing and rewarding an employee’s good work has little or no cost. This recognition and rewarding of excellent performance can take several forms like a gift, a new job title or a bonus. Also, after an employee has worked hard to complete a project or dealt with successfully an especially stressful situation, you might give to that employee an afternoon or a day off with full pay, of course. Verbal rewards are very important too. To receive a praise from managers makes the employees very happy and gives them the satisfaction that their work is recognised and appreciated. 5. Flexible hours and time offs: employees should provide, if their business activity allows it, flexible hours of work to employees.The number of working hours per day cannot change but the employee can choose after agreement with his manager the time he can start and finish his work. Furthermore, instead of paying the employees for extra hours they worked on, they can be granted time off. 6. Promotions: Another important factor that encourages the employees to work hard and diligently is to know that their efforts will be rewarded and will rise up in hierarchy in the organisation they work for. Therefore, employees expect that their performance will be evaluated objectively and that they will be promoted accordingly.Not all motivation theories apply to all employees. Nowadays, employees are very demanding and therefore depending on their perception of life they get influenced differently about what they expect from their employers. Having studied these theories I have isolated the following specific theories that I think they have real impact on today’s demanding employees. Foremost is the Two-Factor theory of Herzberg’s and sometimes also called motivation-hygiene theory that explain the two ways between the Extrinsic and Intrinsic. In the belief that an individual’s relation to work is basic and that one’s attitude toward work can very well determine success or failure. Certain characteristics tend to be consistently related to job satisfaction such as work itself, responsibility and achievement and others to job dissatisfaction such as company policies, salary, supervision and working conditions. Companies around the world are cutting back their financial-incentive programs, but few have used other ways of inspiring talent.Numerous studies have concluded that for people with satisfactory salaries, means some non-financial motivators are more effective than extra cash. For example, McKinsey Quarterly survey underscores the opportunity. The respondents view three managers with satisfactory salaries are more effective than cash bonuses or increased base pay by leadership attention and a chance to lead projects or task forces in order to â€Å"makes employees feel like they’re part of the com pany’s future. † As a sequence, this way making employees feel that their companies value them, take their wellbeing seriously and strive to create pportunities for career growth in order to go above and beyond expectations. The company has reframed the incentives issue by putting the focus on â€Å"recognition† instead of â€Å"reward† in order to inspire a more thoughtful discussion about what motivates people. This company associated with the work itself or to outcomes directly derived from it, such as promotional opportunities, opportunities for personal growth, recognition, responsibility and achievement. These are the characteristics that employees find intrinsically rewarding.Other general accepted theories nowadays are the Hierarchy of Needs of Maslow’s and similarly ERG theory of Clayton Alderfer’s that there are three groups of core needs such as existence, relatedness and growth. Several studies have supported ERG theory, but there is also evidence that it doesn’t work in some organizations. However, this theory represents a more valid version of the need hierarchy. For example, the hotels Ritz-Carlton engages its staff to increase employee satisfaction and i mprove customer service. The hotels offer food and residence for staff and every day, employees of every department in every Ritz-Carlton hotel around the world gather for a 15-minute staff meeting where they share â€Å"wow stories. † Managers encouraged speaking up during staff meetings and also they don’t focus on what employees have done wrong, but instead seek to help them improve on a given task as a result reinforces a customer service skill. Most important, it gives an employee â€Å"local fame. † Employees want to be recognized in front of their peers.Giving them public recognition is a powerful motivator. Furthermore, moods are contagious. Managers who walk around with a smile on their face and demonstrate passion for their jobs have an uplifting effect on others. The hierarchic theory is often represented as a pyramid, that unsatisfied needs motivate or that a satisfied need activates movement to a new need level. This company associated by safe and pleasant working conditions, public recognition and achievement in a work. Similarly, my strongly belief is that the most hotels using these theories.REFERENCEShttp://www. hpl. hp. com/news/2010/jan-mar/pdf/HPL_AnnualReport_2009_ScreenRes. pdfhttp://www. forbes. com/2010/04/07/motivating-employees-rewards-leadership-dewhurst. htmlhttp://managementhelp. org/guiding/motivate/basics. htm How to cite If You Were a Manager How Would You Motivate Your Employees, Papers

Social Studies Sba free essay sample

How Drug Abuse Affect The Citizens Of the Salt Spring Community The method used to collect data in this project is interviews. What is an Interview? An  interview  is a conversation between two people (the interviewer and the interviewee) where  questions  are asked by the interviewer to obtain information from the interviewee. Data Checklist/questionnaire 1. What is your Name? 2. How old are you? 15-19 3. What is your gender? 4. At what age did you start using drugs? 5. What kind of drugs do you use? 6. How does it affect you? 7. What influence you to start using drugs? The interviewees were approached and made aware of what I was doing, fort(40%) of them agreed to be interviewed the same time at which I approached and sixty(60%) agreed to be interviewed at a later date, which was arranged. Interviews were done at the Salt Spring Health Center, at my home, and at a shop in the community. We will write a custom essay sample on Social Studies Sba or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Chart Showing Gender Involve in study The chart above display the gender difference in the research of out 15 persons interviewed 12 being males and a mere three being females. Chart showing Types of Drugs Used by Both Genders The chart above shows the percentage of drugs used by both male and female and what kinds. All of the interviewees reported using all the drugs listed expect for cocaine which all the female deny using. Marijuana had the highest numbers of users with all respondents reported using it, next on the list being marijuana again all respondents report using the drug, next on the list is cocaine with only two(2) of the respondents report using which were only males. Finally ecstasy with only two respondants using one male and one female. Respondents| Alcohol| Marijuana| Cocaine| Estacy|

Gatsby Rhetorical Analysis free essay sample

Fitzgerald uses many rhetorical strategies throughout the course of the novel The Great Gatsby. A book filled with characters each trying to pursue their own versions of the American Dream. His strategic use of devices such as diction and imagery which help to contribute to themes that can be seen throughout the book such as the past, class struggles, the use of specific color choice, and most importantly, the American Dream. In the last passage of the novel, Fitzgerald continues with his strong word choice. This can be seen in the sentence â€Å"there were hardly any lights except the shadowy, moving glow of a ferryboat across the Sound. And as the moon rose higher the inessential houses began to melt away until gradually I became aware of the old island here that flowered once for Dutch sailors’ eyes†¦Ã¢â‚¬  which demonstrates Nick’s negative view on life after having experienced Gatsby’s death and the dearth of people that attended the funeral. We will write a custom essay sample on Gatsby Rhetorical Analysis or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Fitzgerald’s use of â€Å"inessential houses† can be connected to Gatsby’s grand house, which was a representation of what he strived to achieve. The sole reason for building his house on West Egg and throwing grand parties so often was for the hope that one day, Daisy would appear. However, when the word â€Å"inessential† is paired with houses, it demonstrates that having such a grand lifestyle wasn’t needed. Gatsby’s definition of the American Dream was to become a part of those of old wealth and Daisy Buchanan was his gateway to achieve that, but it didn’t necessarily guarantee his happiness. Gatsby’s dream was doomed to fail, as seen by â€Å"he did not know that it was already behind him, somewhere back in that vast obscurity beyond the city†¦Ã¢â‚¬  and relates to the themes of class struggles and the past. Gatsby and Daisy’s love story began when they were younger, but Gatsby could not marry her due to their differences in social standing. After a five year gap, in which Gatsby made himself wealthy, he returned thinking that Daisy could erase her marriage with Tom and the fact that she had a child as well, all to return with Gatsby. This belief that he could relive what happened in the past was Gatsby’s major flaw throughout the novel and the reason that he would never be able to achieve his American Dream. He was permanently stuck in this fantasy world of his and couldn’t move on. Another rhetorical strategy that Fitzgerald used in The Great Gatsby was the use of imagery. This imagery often times connected to the theme of colors in the book. An example of this would be â€Å"I thought of Gatsby’s wonder when he first picked out the green light at the end of Daisy’s dock,† and the image that stands out here is that of the green light. Throughout the novel, the green light has been symbolic of Gatsby’s dream of achieving winning over Daisy. Green is a color that represents envy and money Fitzgerald’s decision to make this light green is most likely due to the fact that Gatsby wanted Daisy by his side because she was associated with the people of East Egg that have old wealth. With the status of old wealth, Gatsby would finally be able to achieve the dream he had set for himself since the age of seventeen when he decided to create the platonic conception of himself. He was never truly in love with Daisy; he was simply in love with the idea of having her by his side. Although Gatsby’s dream ultimately failed, Fitzgerald ends the novel with a hopeful tone. This can be seen in â€Å"It eluded us then, but that’s no matter—to-morrow we will run faster; stretch out our arms father†¦And one fine morning— So we beat on, boats against the current, borne back ceaselessly into the past,† which represents the continuation of the pursuit of the American Dream. People may fall during this chase, but the American Dream is not something that can be achieved after one try. Persistence and dedication are necessary, but not to the point of obsession as Gatsby did.

All About Abbreviations

All About Abbreviations All About Abbreviations All About Abbreviations By Guest Author This is a guest post by Letia Graening. An abbreviation is defined as a shortened version of a word or phrase. But did you know that there are many different types of abbreviations? Here is a list of abbreviation types: Acronym – This forms a word using the initial parts or first letters of a name. For example, ABBA, MADD, and OPEC are all acronyms that take the first letter from each word to form a new word. Lesser known acronyms include scuba and laser. The latter examples show that not all acronyms have to be capitalized. Initialism Also called alphabetism, this is a group of letters, each pronounced separately, used as an abbreviation for a name or expression. Examples include: CD, TV, and UK. Truncation This type of abbreviation consists only of the first part of a word. These are most often used when referring to proper titles such as months of the year or days of the week, e.g., Mon., Fri., Apr., Oct. Clipped – Similar to truncation in that you are using a part of the word to form the abbreviation, but in this case you’re using either the middle or end. Common clipped abbreviations include phone (telephone) and fridge (refrigerator). Aphesis In this case, you have dropped the unstressed vowel at the beginning of the word. These are often unintentional and casually spoken versions of the words. Perhaps the best example is cause instead of because. Portmanteau The blending of two or more words will give you a portmanteau. Some of my personal favorites include liger (lion and tiger), spork (spoon and fork), skort (shorts and skirt), and brinner (breakfast and dinner). Some things to consider when using abbreviations: Anyone can make up an abbreviation and many are non-standard. They should, therefore, be left out of formal writing. If the full word would be capitalized (e.g., Sunday or January), make sure to capitalize the abbreviation (e.g., Sun. or Jan.). Want to improve your English in five minutes a day? Get a subscription and start receiving our writing tips and exercises daily! Keep learning! Browse the Writing Basics category, check our popular posts, or choose a related post below:35 Synonyms for â€Å"Look†Cannot or Can Not?30 Words for Small Amounts

Alconomics. Alcohol consumption in US and Russia Essay

Alconomics. Alcohol consumption in US and Russia - Essay Example Correlation analysis is used to establish whether there is a linear relationship between the variables income (independent) and level of consumption, measured in pints of alcohol for the preceding month (dependent variable). We realize that there is significant positive correlation between the amount of money an individual earns and their tendency to increase alcohol intake, at 1% level of significance. Therefore the richer a Russian is (owing to their immediate income), the greater their tendency to take more alcohol. There is weak positive correlation between the income of an individual and the severity of their alcoholism tendencies. However, the correlation between the variables is not significant at 1% level of significance. This means there is a weak positive relationship between the earnings of an individual and their alcohol consumption rate in the USA. Next we test whether age is a strong determinant (or a determinant at all) of the level of alcohol consumption among individuals. This is tested using regression analysis. The dependent variable is level of consumption (number of pints) while the independent variable is the age of the respondent. Only 2.2% of the variation observed in the dependent variable (age of respondent) is explained by the independent variable (amount of alcohol). Therefore age is not a valuable predictor of the amount of alcohol consumed by the Russian population, when the results are generalized to cover the whole population represented by the sample. Next the study takes a predictive dimension, trying to ascertain what we would expect to see in the levels of alcoholism between the two countries. To do this we assume that on average, the respondents are not sure whether they will stop alcoholism at all. The Wilcoxon signed-rank test is used to test any deviations of the overall response from this pre-determined score (assumed median

Action Assignment#3 Assignment Example | Topics and Well Written Essays - 500 words

Action #3 - Assignment Example I appreciate the support and encouragement that you have given and shown to me throughout my studies and I am truly grateful for that. The University here is great and I am learning a great deal in my classes. Thank you for always being there for me, and I promise to do my best to make my life better and also help you back at home. That is what I pray for and i will make it happen for us. My regards to you father. As a leader, if I was to receive this kind of letter I would be privileged and thankful to know that I helped someone to a point where they could be able to help themselves. I would be privileged to have impacted someone in their lives and to see them progress well. Written communication is important because it has a touching and lasting impact for both parties. Written communication tends to be a primary source that someone can use to speak what is deeply rooted in their heart. It exposes what we feel to the receiving party. 3. Create a concise (200-300 words) elevator/introduction statement that you can utilize in a variety of leadership situations (networking, interviews, etc.). Make sure to personalize your statement so that you connect most effectively with the individual you are networking with during that time. Remember, your elevator statement is a representation of your professional presence and "brand." My name is Mram. I have a Bachelor of Arts degree in psychology. I have worked in an administrative position at the New Horizons educational institution. This position motivated me to want and accept a scholarship to study for my master’s degree in leadership at the University in the United States. During my work period at New Horizon’s educational institution, I managed to gain a lot of hands on experience and practical leadership skills that improved my administrative leadership gear. At the same point in time I also managed to work extra hours just to ensure that my work outcome was top level with the stated

Mid-term Assignment Essay Example | Topics and Well Written Essays - 1000 words

Mid-term Assignment - Essay Example They have brought most of the world influential markets together to breach the boundaries and limits to allow global flow. Through technology, they have been able to offer transport and make efficient communications to the target markets. This has in turn cut down costs that keep most participants out of the market. They have managed to liberate trade activities (Intriligator, pp. 3) with economic liberation being the main topic. Through this, so many changes have happened in that the way the world trade currently is smooth and with minimum barriers. Even if this kind of liberation was started by most countries during the world war, China and the United States have managed to actualize it in time when the world needs it most. This contribution has lowered the trade charges. Factors of production discourage most countries from participating in international businesses. However, these two nations provide the most important factors of production; capital and labor that boost the developing nations. Since they are superpower nations, they have made sure that most of the international markets and links are open to all those willing to take part in. Institutional changes have played a key role in globalization. With improved technology, most companies have managed to expand their market bases. Initially, with little technological knowhow, most of these companies valued local markets. The introduction of great technological means has revolutionized how they operate. This means that their profit have gone beyond their imagination. United States and China have huge multinational companies that are shaping up the industrial structure. Through this, there is increased productivity, power and profit generation because all resources are being utilized. Another good way of incorporating firms is through the use Nongovernmental organizations. These two nations have a will to support the

How To Improve Vacation Industry In Malaysia

How To Improve Vacation Industry In Malaysia This research paper is focus on tourism industry ecotourism in Malaysia. The objective of this paper is to report on an empirical research study which investigated how to improve or develop the industry tourism (ecotourism) in Malaysia? Besides improvements, the important for this research is to concern about the contribution of the tourism industry on the Malaysia GDP. To understanding the natural sources that we owned and generate it to develop our country. Findings were from the analysis of data such as internet, newspaper, government data and source that prepared by other people. A regression model was developed as evidence to this. The literature on this aspect is limited. Thus, the research findings of this study are useful for future studies. This study also provides several recommendations for future research in this area. Tourism is a relaxing activity for people to travel for recreational, leisure or business purposes. Based on the World Tourism Organization describe that tourists is people who travel to other places and stay in places outside their usual environment. According to World Travel and Tourism Council (WTTC), tourism has become one of the global largest industries nowadays. In other word mean that tourism has become a well-liked global leisure activity. In year 2009, Tourism industry has contributed 9.4% of world GDP into the economy, or equivalent of 5433.7 US billion dollars. There are a lot of people who traveling around the world time by time just to release tension or enjoy their lifetime or business purpose. Based on WTO, there were over 922 million international tourist arrivals in 2008, with a growth of 1.9% as compared to 2007. In 2008, international tourism receipts grew to US$944 billion (euro 642 billion), corresponding to an increase in real terms of 1.8%. Furthermore, real G DP growth is expected to growth in average 4.4% over the coming ten years. In the other hand, tourism economy has provided a total 235 million jobs in the worldwide. However, in the beginning of June 2008, international travel demand suffered a strong slowdown, with growth in international tourism arrivals worldwide falling to 2% during the boreal summer months. This negative trend become strong during 2009, worsen in some countries due to the outbreak of the H1N1 influenza virus, resulting in a worldwide decline of 4% in 2009 to 880 million international tourists arrivals, and an estimated 6% decline in international tourism receipts. The country that hit badly such as Mexico, experienced outbreaks of respiratory illness and enlarged reports of patients with influenza-like illness (ILI) in several areas of the country. Based on our tourism ministry Dr. Ng Yen Yen said that during that serious epidemic period, it unaffected our tourism sectors but further increase our tourist arrival. We can see that Malaysia is still attracting the tourist although there is happening the epidemic. This is also because our epidemic is still under control which me an our country less affected by H1N1, this caused to the people who favor on tour shift their planning to other more safety countries such as Malaysia. In Malaysia, travel and tourism industrys share of GDP has rise from 8.6%, worth RM8.02 billion in year 1988 to 14.1% of GDP, worth RM94.6 billion in years 2009. While travel and tourism direct industry (included transport, accommodations, food and beverages and etc.) has brought a total income of RM36.8 billions in year 2009, or 5.5% of GDP. Besides that, tourism has created a total job opportunities of 1395700, or equivalent of 12.7% of total employment. As we know that Malaysia is one of the country which held in the tropical area on the earth. Malaysia is an amazing country with immeasurable large quantity of biodiversity. It is not surprising to find that 75 percent of Malaysias land area is remains forested, with 60 percent virgin rainforest that unchanged for over millions years. The country is presented with numerous natural attractions such as amazing and diverse flora and fauna (refflesia, orang utan), white sandy beaches, exotic marine aqua life (Pulau Sipadan, Pulau Matak ing), dense rainforests(Taman Negara) and the oldest and largest caves in the world (Deer cave). To sharing of the mysteries in Malaysia, one of the twelve mega-biologically diverse countries in the world, which boasts at least 15,000 species of flowering plants, 286 species of mammals, 150,000 species of invertebrates, and 4,000 species of fishes in addition to the countless micro-organisms. Experience a huge range of outdoor activities, such as caving, hiking, jungle trekking, snorkeling, rock climbing, diving, river cruising and much more. Experienced outdoor professionals, who are well ready with the latest gear, can guide you through all of these activities. If you are looking for rich and exotic ecotourism experiences in balmy tropical weather, the time is now, the place is Malaysia. This made Malaysia owned the potential to develop the ecotourism to growth up the economy furthermore can introduce Malaysia to other countries. To let others learn more about the natural better than keep reliance in the industrial sector to boost up the GDP. The widespread interest in ecotourism among tourism players is due to its direct linkage to the greater prospects for sound and sustainable tourism development with strong possibilities for appropriate local participation and shared responsibility for preserving the environment, cultural heritage and peoples way of life. It is needed everyone to responsibility to protect our natural environment well. Research Problem As we know that Malaysia is a tropical forest country that rich with the natural sources flora and fauna, white sandy beaches, exotic marine aqua life, dense rainforest and the oldest and largest caves in the world. Therefore we should introduce it to foreign country so that it can attract the foreign tourist to our country. But the problem is does it really known by other countries? What should we do to improve our natural sources to attract the tourist? What are the factors that influence the total number of tourist to Malaysia? Besides, how we going to develop it, so that it can more known by other counties tourists? However it is needed a sustainable develop to prevent it get harm to the biodiversity. And since we know that when there is a lot of tourist to our country sure it will generate capital flow into our country and increase our GDP. Therefore it is needed to understand the potential and how to attract tourists to generate our country income. Research Question What did the government do to develop the tourism industry? Does it have the potential to attract the foreign tourists? How to improve our ecotourism facilities and services? What are the strategies to attract more tourists to visit Malaysia? Research Objective To realize the important of tourism industry. To analyze the potential of tropical country that rich with immeasurable large quantity of biodiversity. To examine what initiative will be taken by the government. To analyze the contribution of tourism in our GDP. Literature Review http://www.apo-tokyo.org/gp/e_publi/gplinkeco/17chapter15.pdf Mohammed Mohd. Daud, (n.d.) with his conference article The Ecotourism Develop In Malaysia mention that the services sector including the tourism industry, is the major revenue as well as the largest contributor to Malaysias Gross Domestic Product (GDP) at 46% in 1999. He specified that the tourism is a growing sector and gaining importance in the Malaysian economy. Besides, due to the existing legal requirements and the economic development strategy, the promotion of tourism and ecotourism activities in Malaysia involves a number of institutions and also including the statutory body Tourism Malaysia to involve in marketing and promoting tourism product. Considering that the ecotourism objective such as the National Parks and wildlife sanctuaries are often located in distant places, but the government would provide basic infrastructure facilities such as roads, jetties and some amenities. Furthermore, the government is also supporting ecotourism development by means of sponsoring th e cost of technical consultancy work on particular ecotourism destinations. For case study in this article mention that although the Kinabatangan Wildlife Safari has not matured yet in developing, it is already showing its potential in becoming a successful ecotourism destination where preservation of natural resources with sustainable development. It involves all parties such as the government, private sector, local communities and NGOs work together in a partnership to protect the priceless natural asset by translating business opportunities into maintenance benefits. The purpose of this study is to calculate tourisms contribution through deriving multipliers in terms of output, income, employment, value added, and import for Malaysian economy. Based on this study, they found that, tourism sector have been generated employment which is 174 full-time employee for every Ringgit of tourist expenditure. According to researcher, entertainment sector is most important sector that generated tourism income followed by accommodation and food beverages. Malaysian tourism industry not only playing an important role for generating output, income, employment, value-added, and import but also creates spillover effects on other tourism related sectors of the economy. However, based on the analysis of this paper, it is obvious that tourism industry is contributing significantly to the Malaysian economy in terms of generating output, income, employment, and value-added. http://www.google.com.my/#hl=ensource=hpbiw=1189bih=544q=DEVELOPMENT+OF+ECO-TOURISM+IN+TRIBAL+REGIONS+OF+ORISSA%3A+POTENTIAL+AND+RECOMMENDATIONSrlz=1R2PPSU_enMY368aq=faqi=aql=oq=gs_rfai=fp=42cdcfe0f1684f63 Based on the Nilakantha Panigrahi research paper DEVELOPMENT OF ECO-TOURISM IN TRIBAL REGIONS OF ORISSA: POTENTIAL AND RECOMMENDATIONS had mention about the wealth in being tourism of the Orissa region in eastern India. He said that with the well develop in the ecotourism will generate some income for the state. Tourism is identifying as an industry in Orissa in generate the income from the foreign tourists because that place seem to have different type of attractive onwards the tourists especially the countless temples of Orissa scattered at the state. The attractiveness is that the state owned 79 heritage sites in Orissa which protected by Archaeological Survey of India. Western Orissa is known by a small temple town, besides particularly of the western Orissa have the streams and forests which show the natural beauty of Harisankar in Bolangir and Nrusinghanath in Balangir. Furthermore, Kalahandi area is endowed with the wealth of forests, for example existence of a rare species of black tiger, with a natural waterfall at Rabandar, and a host of temples situated at the hilltops of Bhawanipatna. Nevertheless, the concept of museum is also being established by government for collected and displaying those artifacts by following the types of it. The record from 1990 until 1998 with the attraction of tourists is 86.58% in domestic and 11.50% for foreign tourists. This can be proved that the well known of domestic people and unrealized in the potential of the place as being a tourism destination for foreign tourists because of poor developing that place. However the tourist arrival show that the increasing trend from 1990 until 1997 but dropping in 1997-1999 due to the Asian financial crisis and then increase again in 1999 to 2000. Due to the Orissa heritage place, natural environment with flora and fauna it can be the successful destination for tourists. The reason that it cannot attract more is because of poor developing by government as a tourism destination from an ecological and cultural point of view. http://www.uea.ac.uk/env/cserge/pub/wp/gec/gec_1995_30.pdf. From the TOURISM AND SUSTAINABILITY IN ENVIRONMENTALLY FRAGILE AREAS: CASE STUDIES FROM THE MALDIVES AND NEPAL research by Katrina Brown,R. Kerry Turner, Hala Hameed and Ian Bateman had said that Maldives and Nepal is a country which enrich with natural resources such as reefs, beaches, and mountains especially the most highest mountain in the world Everest are attract many tourists to there. The amount of trekkers to Nepalese Himalaya grew by 25 percent per annum over the period 1985-1988. Furthermore, Maldives tourism visitors have increased from a total of less than 1000 per annum in 1972 to 178,000 in 1991. As we can see that the amount of tourist is increasing lead by globalization. It makes people able to move across to other countries. In analyzing the Maldives in 1991, total of tourists had increase to over 178,000 tourists. The annual rate is exceeds 30 percent for this period and this show that it stand at over 1.7 million. The total receipts are achieving 94 million in 19 91 if compare to 1981 is just 15 million. However for Nepal, the data said that is just only 6179 tourists in 1962 but it change to a huge amount in almost 300,000 in 1991. This can show that the attracting to Nepal is increasing rapidly and with majority tourists came for the nature. This can be see that the successfulness of the ecotourism such as mountain or jungle trekking, jungle safaris, river rafting or ethnic tourism in Nepal. Both study also show that more tourists were came toward their country by enjoying the nature environment. Research Hypothesis By referring to the literature reviews mentioned, we are able to form 2 hypotheses that measure the growth of tourism sector that accelerated the industrialization process. The first hypothesis model formed state that the contribution of tourism sector towards the Gross Domestic Product (GDP) is influence by the foreign and domestic tourists and the number of projects approved by tourism department. Hence, the function below is formed:. GDP = f (tourists) However, the second hypothesis model formed state that the contribution of tourists towards the tourism is influence by the number of projects approved by tourism department. Hence, the function below is formed: Tourism = f (tourism department) Methodology There are a few methods which can be used in order to search and gather the information that we needed such as by gathering the information from the internet. But mostly all data are collected through the secondary data. Based on my title which focuses on the ecotourism, I am referring to the news article which published by The Star, beside we were gone through the government website to get the current news to get the tourism issues, activities, government gazette and also the government statistical data. Those articles that related with my topic in internet also can be using as reference especially those research paper done passed researcher. Furthermore we compare country between countries in tourism performance. Analysis Income contribution http://www.tourism.gov.my/corporate/research.asp?page=facts_figures As we can see that the tourists arrival to Malaysia has increase year by year. We know that 1997 is happened Asian financial crisis the following is 2008-2009 global financial crises with epidemic of H1N1 together. However it does not give much impact on our tourism but further increase our percentage of tourists arrival. If we compare the amount of tourist in year 1998 with 5.5 million and 2009 with 23.6 million it is already 4.3 times than amount in 1998. http://www.wttc.org/eng/tourism_research/economic_data_search_tool The line graph indicates that the contribution of GDP by travel and tourism industry. From the graph, we can see that the avenue of travel and tourism industry has been increase over the year. Travel tourism industry has recorded an amount of RM10.67 billion in year 1988. While in year 2008, according to world tourism council, Malaysia has recorded an amount of RM99.16 billion in year 2009, which is almost 10 times larger compared to 20 years ago. It indicates that the travel and tourism industry has been growing and believed to have the potential to keep expanding. While the table shows the year to year growth of travel and tourism industry, and also the share of travel and tourism industry in Malaysias GDP. From the table above, we can know that at most of the years, the avenue of travel and tourism industry is increasing. While some of the year it may achieve negative grow due to incidents such as economic crisis, global diseases, and etc. The grow rate of travel and tourism industry is between -6.98 percent to 35.01 percent. From the view of share of GDP, travel and tourism industry has recorded 13.4 percent in year 2008, which considered a major part of total GDP. It places tourism as one of the largest industries in Malaysia, and the second largest earner of foreign exchange, following manufacturing industry. http://www.yoursurgeryabroad.com/news/tourism-up-in-malaysia/ Due to the data, show that there is significant drop in year 1997 which caused by the Asian Financial crisis. Beside in year 2003, the tourism sector also decrease which caused by the SARS. The period for SARS epidemic is between the months of November 2002 and July 2003, and the epidemic is start spreading from Guangdong, China. However this gets effect in our tourism because this epidemic is serious happened in Asian region. If we compare with another epidemic (H1N1) which happened in 2009, this epidemic is start spreading from Mexico. But this epidemic is still make our tourism in well performing based on the news reported on Thursday, 23 July 2009, our Tourism Minister Datuk Seri Dr Ng Yen Yen announced that tourism to Malaysia grew by 7.5% in June after a small 0.3% decline in May. The increase in tourism came despite an increase in confirmed H1N1 cases in the country. The decreasing show in 2008 is affect by the global financial crisis. Global financial crisis is a crisis cause d by a liquidity shortfall in the United States banking system. It has shown in the collapse of large financial institutions, the bailout of banks by national governments, and downturns in stock markets around the world. Is because of the global financial crisis it does give effect on our industries such as tourism industries. The expanding of travel and tourism industry is possible due to the increasing arriving and recipients of tourists from various countries. The policies that promoting Malaysia to the eye of the world in travel and tourism industry has seen to be quite successful. Various program such as Visit Malysia, Malaysia Shopping Carnivals and etc have been introduced and these programs have been able to attract more tourists come to our country.In addition, the increase in standard of living in Malaysia is also a major factor that stimulate the travel and tourism industry. Increase of income of Malaysia residents has increase of domestic demand in travel and tourism industry. Employment contribution http://www.epu.gov.my/html/themes/epu/images/common/pdf/rmk/rmk2/rancangan%20malaysia%20kedua%20-%20chapter%2011.pdf http://www.epu.gov.my/html/themes/epu/images/common/pdf/buku%20rm%20ke%207%20-%20chapter%2016.pdf http://www.epu.gov.my/html/themes/epu/images/common/pdf/8th_msia_plan_c15_cont.pdf Based on the data above, we can see that during the period between 1960 until 1970, the employment is significant show that tourism is just contribute a little on economy only. For year 1965 is only contributed 287000 for employment (employment in hotel is 2700 in 1965), however for year 1970 it is slightly increase to become 340000 of employment (employment in hotel is reached 8000 in 1970) which contributed by the tourism. Furthermore, year 1975 tourism is only contributing 419000 employments. If we look seriously beginning from 1990, the employment is contribute a lot by the tourism in hotel industries, however hotel industries is just one of the part from the contribution of tourism, we can see clearly that it is quite potential in develop it. Based on the data show that the there is an increasing trend on employment which generate by the increasing in number of hotel, it can be show beginning from 1990 which is generated 39961 employments by 989 hotels, 1995 generated 67214 empl oyments by 1220 hotels, 2000 generated 78671 employments by 1492 hotels and for year 2005 it generated 79603 employments by 1541 hotels. The opportunities in employment contributed by tourism are determined to achieve 1217000 thereby contributing 11.6% of total employment in year 2007. And the contribution of the Travel Tourism economy to employment is 1,331,000 jobs in 2010 (Quarter 2). http://www.wttc.org/eng/tourism_research/economic_data_search_tool The table shows the total employment in travel and tourism industry. In year 1989, the total employment in travel and tourism industry recorded an amount of 514700, which in 8 % of total labor. From the table well able to know that the total employment in travel and tourism industry has been increasing in most of the year, meanwhile the growth rate is between -14.9 percent to 21.94%. In year 2008, travel and tourism industry has achieved a total employment of 1249800 employees, which is 11.6% from the whole labor market. This indicates that the travel and tourism industry has contributed much in the labor market and has play a major role in labor market. www.motour.gov.my/bm//166-national-ecotourism-planpart-3.html Contribution in development The tourism can lead to develop in some area especially those rural, develop the rural area is good in helping our country economy, it can generate income and employment to the rural area people. For example: Based on the National Ecotourism Plan Malaysia, Pahang has implement national tourism development policies at state level. Pahang have such place can develop well to be a tourists attraction place such as in coasts area Pulau Tioman is Pahang main island resource, this is needed to plan further on the development within the carrying the capacity for each sector of activity. However for mountain in Pahang, with the highest mountain in Peninsular Malaysia is Gunung Tahan. Besides, there is also a Frasers Hill which is a main nature site with bungalows. Beside in lowland, there is Taman Negara which is a place that reserve with the flora and fauna. But there is also needed government in develop it to become a tourism place. This is the table show the development of component and cost in developing the Frasers Hill. For Terengganu, it does not have its own separate state tourism policies but it implement national policies. The potential nature place for Terengganu to develop to attract tourists is Rantau Abang at coasts side and island which is Pulau Redang, Pulau Perhentian, Lang Tengah, and also some mountain which attract some trekker to there. This is the table show the development of component and cost in developing the Rantau Abang This is the table show the development of component and cost in developing the Pulau Redang. And for Sabah, it is rich in nature which can enrich to introduce it to foreign country, such as Mountain Kinabalu is one of most attraction in Sabah it mostly attract the tourists from Taiwan, Japan come over there. Beside it also have the popular island which name Pulau Sipadan which listed as the first best diving in world. This can be show that the potential in Sabah. This is the table show the development of component and cost in developing the Kinabalu Park area. All this is just a part of the potential area which shows in few states only, as we can see those areas is a potential place to develop to attracting the tourists. Those places are suitable to develop as tourism place since it is potential and rich in nature. Furthermore, by the way we develop the area to attract the tourists, first we have to develop the area which potential to be tourism, and through this development it is already develop our country. Developing our country is not only to attract the tourists but it also can strengthen our economy. Contribution in SME ( Small Medium Entrepreneur ) Government action By the way it is needed for government action in supporting the tourism sector, without government implementation of policy or action in develop the tourism it is impossible for the tourism sector to growth itself. To attract more foreign tourists, government is needed to create some policy to strengthening the tourism, furthermore the government spending is also important so that the project that government planning can be successful to achieve. Besides, government activities in promoting the tourism or campaign is also helpful in introduce it to tourists and knowing by foreign country. There is some action by the government in above such as: Campaign VISIT MALAYSIA YEAR 2007 Tourism industry of Malaysia. Retrieved on October 12,2010 from http://www.thefinancialexpress-bd.com/2007/08/31/9636.html Malaysias focus will be on the Visit Malaysia Year (VMY) 2007, it was focus aggressively promoting Malaysia, by the way encourage the foreign tourists arrival it also encourage domestic tourists. Coincidently, year 2007 is also the 50th anniversary of Malaysia Independence Day. As such, the Visit Malaysia Year campaign is a good time event to celebrate Malaysias golden festival. It is a good time to celebrate and to share with the world the unique and virtues that built up Malaysia to be the country until today. The VMY 2007 campaign is anticipated to raise the attraction of foreign tourists to facilitate them in planning their holidays in Malaysia. For the VMY 2007, it is set a target to attract amount of 20.1 million tourists come over our country. There are over 240 events in the year, of which, 50 being major events and 5 as international mega events. All these events is meaningful to presented in `One Golden Celebration`. This celebration will bring Malaysia to recognize by the world. The Visit Malaysia Year Grand Launch on 6 January by the Prime Minister of Malaysia is the first event of the year in the presence 500 international media and trade representatives from all over the world. Draw attention to the Grand Launch was the unveiling of the Eye on Malaysia, which is a 60-metre Ferris Wheel followed by the Flora Fest Parade, and also a fantastic display of floats dressed in all kinds of flowers found in Malaysia. The other mega events include the Malaysian International Aerospace Adventure, the International Fireworks Display, the Malaysian International Tattoo and the KL International Buskers Festival. Malaysia My Second Home Programme Malaysia My Second Home Programme .Retrieved on October 12, 2010 from http://www.mm2h.gov.my/ Beside, Malaysia government also promoted Malaysia My Second Home Programme is to allow foreigners who fulfill certain criteria, to stay in Malaysia for as long as possible on a multiple-entry social visit pass. The Social Visit Pass is renewable and is originally for a period of ten years. It is a chance for citizens of countries recognized by Malaysia, regardless of race, religion, gender or age. The programme allows applicants to bring with them their spouses, parents and children. For those foreign spouses of Malaysians after expiry of their Employment Passes who wish to retire in Malaysia are also qualified to apply to stay in Malaysia under this programme. Promotion Policy Government spending http://thestar.com.my/news/story.asp?file=/2009/10/24/budget2010/4968158sec=budget2010. October 12 Based on the news from The Star on Saturday October 24, 2009 reported that by the way of aggressive and innovative measures to attract FDI, our country government will spending RM899mil in 2010 for the tourism industry. The Main planned to be implemented is including attracting more tourists from Britain, Japan, South Korea, Middle East, India and China to participate in the Malaysia My Second Home programme. However, attraction will be successful by upgrading the quality of infrastructure in tourism centers throughout the country, this is the most important such as ecotourism development and upgrading homestay facilities; and ensuring front liners are locals. Taxation Incentives for Investment. Retrieved on October 12, 2010 from http://www.mida.gov.my/en_v2/index.php?page=tourism-industry There are many incentives that government gives to tourism investors either old or new investors. The investor included such as hotel, travel agency, transportation and etc. There are some incentives from government to these investors. Generally, a company granted Pioneer Status will enjoys a 5-year partial exemption from the payment of income tax. It will only need to pay tax on 30% of its statutory income. In order to promote some area, government will consider giving full income tax exemption and/or increased exemption tax until 10 years. In addition, there are some exemption for Sabah and Sarawak. The companies located there will only need to pay 15%of their statutory income in 5 years. Besides, company also can get the Investment Tax Allowance (ITA). A company granted will be given allowance of 60% in respect of qualifying and offset against 70%of the statutory income in 5 years. Special for Sabah and Sarawak, companies located there will be given allowance of 80% in respect of qualifying and offset against 85% of the statutory income in 5 years. Next,tax exemption for tour operators. First, for foreign tourists. Tour operators who bring in at least 500 foreign tourists a year through groups, inclusive tours that enter and exit the country by air, sea or land transportation, will be exempted from tax in respect of income derived from the business of operating such toursâ‚ ¬Ã‚ ®Ã¢â€š ¬Ã‚  second, for local tourists. Companies that organise domestic tour packages for at last 1,200 local tourists per year get tax exemption on the income earned. A domestic tour means any tour package within Malaysia participated by local tourists (excluding inbound tourists) by air, land or sea transportation involving at least one nights accommodation. Recommendation Recommendation to better improve the tourism industry to known by others country and attraction foreign tourist to generate our GDP will be identified after the full research has been completed. The Ecotourism Development in Malaysia. Retrieved on October 12,2010 from http://www.apo-tokyo.org/gp/e_publi/gplinkeco/17chapter15.pdf There are such ways to improve Malaysia ecotourism. As we know, we have many ecotourism place included Wildlife Protection Act, the National Park Act, the National Forestry Act, the Fisheries Act and the State Park Enactment (Pahang). These protected areas are gazetted under the various federal and state. The Department of Wildlife and National Parks, the Forestry Department, the Fisheries Department and the various State Parks authorities have been responsible for managed these place. First ways is ours tourism and travel agencies should be more creative to promoted ecotourism to attract more foreign tourist because government give many incentives to them. Creative means travel agencies should provide more packages for student, family, group and others. These packages will attract more tourists to visit Malaysia also attract local tourist. Local tourist actually more demand than foreign tourist because local tourists want different experience in the place they visit. Trav

The Fallacy of Minority Discrimination in Sports :: Argumentative Persuasive Essays

The Fallacy of Minority Discrimination in Sports When someone flips through the channels on a TV and they happen to pause on a sports game, they will most likely see a small number of white athletes. The next thing that they might see is a commercial trying to tell them that minorities in sports are being discriminated. This is not the case. There is no racial discrimination against minorities in sports. There is a much higher percentage of minorities than White-Americans in more than just one professional sport. There are also a number of high-ranking officials in sports that are minorities. Franchises pay money to the athletes that are most qualified to be put on the team; not to athletes that are not minority. It wasn't until 1947, when Jackie Robinson broke the color barrier of Major League Baseball (Northeastern...). This marked the introduction of minorities into professional sports. Today, the numbers of minorities in most sports far exceeds the numbers of White-Americans. Yet some minorities feel that they are being discriminated against. Franchises of professional sports teams fork out millions of dollars to minority athletes every year. When dealing with huge amounts of money there is no question about discriminating against minorities. Franchises wouldn't pay out millions of dollars to athletes that aren't qualified. Athletes are constantly being traded and released from teams. These athletes may be of minority gender, but they are definitely not being traded or released because of race. They are most likely going to end up at another team that will pay them a good deal of money. The question of minorities holding head-coaching jobs is often heard in the sports world. As of 1997, there were only three minority head coaches in the National Football League (NFL). All three of these coaches are African- American (New York Amsterdam News). Some people say that there should be more African-American head coaches in sports that are dominated by African-Americans. The three minority head coaches coach one-tenth of the teams that are in the NFL. One-tenth of the general population of theUnited States is made up of native-born African-Americans (Barret). So, one could say that one-tenth of the population is coaching one-tenth of the NFL teams; an equal ratio. Some minorities speak out and ask why there are not more high-ranking offices being held by minorities. There are other high offices that are obtained by minorities.