The economic process Essay Example for Free

The economic process Essay In order to understand externality, we define it first. Externality is either a benefit or a cost that is incurred by a third party not involve in the economic process (Johnson 2005). Some of the common externalities that everyone encounters can be divided to production and consumption externalities. Again we define the two terms. Production externality is a cost incurred by a party other than the producer that generates a difference between the cost to the producer and the society cost (real cost). On the other hand, Consumption eternality is a cost or a benefit that is incurred by a third party other than the consumer which generates a difference between the benefits of the consumer and the society benefits (real benefit) (Mikalson 2008). Some externalities that one encounters include overuse disposable items, overuse personal vehicles which emits pollution, toxic material which are dumped in drains or in the air, education, vaccines, congestion on the free way, second hand smoke, research, information. Most of the said externalities are regulated. This includes personal vehicles which emits pollution, toxic materials which are dumped in drains or in the air, second hand smoke. These externalities are regulated because they are costs that the third party might incur. Overuse disposable items, research, information and congestion of the freeway are externalities that are properly taken care of because it might be beneficial or it might incur cost. Lastly, education and vaccine are externalities that are paid for because it is an externality that is beneficial and should be focused upon (Mikalson 2008).

Conflicts of Gender in Things Fall Apart by Chinua Achebe :: Things Fall Apart

  Ã‚  Ã‚  Ã‚  Ã‚  There are constant struggles between gender, identity, commodification, and class. Among the men and women in many African tribes that still exist today, there are divergences, which will always remain intact because of the culture and the way in which they are taught to treat each other. Chinua Achebe wrote the novel, Things Fall Apart, which is a great piece of African literature that deals with the Igbo culture, history, and the taking over of African lands by British colonization. The ongoing gender conflict is a prominent theme in Things Fall Apart presenting the clash between men and women of the African Igbo society. Throughout history, from the beginning of time to today, women have frequently been viewed as inferior, men’s possessions whose sole purpose was to satisfy the men’s needs. Maybe it's because men are physically stronger than women and have always had the ability to control them that way. In Things Fall Apart, the Igbo women were p erceived as being weak. They received little or no respect in the Igbo society and were harshly abused. The recurring theme of gender conflicts helps drive the novel Things Fall Apart by showing how important women are to the men, yet they do not receive the treatment they deserve. Women have many responsibilities in the Igbo society such as having children, cooking, cleaning, and farming. These are important function for women, yet they are not given much credit or meaning for their existence in the roles they fill. As Rose Ure Mezu points out â€Å"The world in Things Fall Apart is one in which patriarchy intrudes oppressively into every sphere of existence. It is an andocentric world where the man is everything and the woman nothing.† In some way Mezu is correct in saying that the man is everything and the woman nothing. The man holds the highest importance of the family and it is he who holds the titles. In Things Fall Apart, the reader follows the troubles of the main character Okonkwo, a tragic hero whose flaw includes the fact that "his whole life was dominated by fear, the fear of failure and of weakness" (2865). For Okonkwo, his father Unoka was the essence of failure and weakness.

Pareto Analysis

MANAGEMENT ACCOUNTING & PERFORMANCE EVALUATION MAF 635 PARETO ANALYSIS GROUP 10 PREPARED FOR: PN. ZARINAH ABDUL RASIT CONTENT | PAGE| INTRODUCTION| 2| WHAT IS PARETO ANALYSIS? | 2| HISTORY OF PARETO ANALYSIS| 3| WHEN TO USE PARETO ANALYSIS| 3| HOW TO USE PARETO ANALYSIS| 4| RISK AND WAYS TO AVOID IT| 7| ADVANTAGES & DISADVANTAGES| 8| CONCLUSION| 8| APPENDIX| 9| INTRODUCTION In this chapter, we will discuss on Pareto Analysis topic which is a statistical techniques in decision making. We will focus on: * The definition of Pareto Analysis. * The history of Pareto Analysis. * When we can use Pareto Analysis. How to use Pareto Analysis. * The risks of using Pareto Analysis. * Ways to avoid the risks arises. * The advantages and disadvantages of Pareto Analysis. WHAT IS PARETO ANALYSIS? The definition of Pareto Analysis can be identified as statistical techniques in decision making. The difference between other decision making techniques is this analysis are applying the 80/20 rule. Which is by doing 20% of works, will gain 80% advantage of the entire works. Meaning here is by only focusing on significant issue or problems, we can gain a 80% returns as we focus on the entire works.This Pareto Analysis is a creative way of looking at causes of problems to help stimulate thinking and organize thought. HISTORY OF PARETO ANALYSIS WHEN TO USE PARETO ANALYSIS * During problem analysis, to find those sub-problems that will return the greatest benefits. * Used in any general situation where you want to prioritise action. For example, use it when selecting potential solutions, by comparing their cost-benefit ratios. * Use it in a team situation to show results of voting. HOW TO USE PARETO ANALYSIS STEPS | DESCRIPTION | EXAMPLE |Identify Items to compare | * Identify the items to be analysed and charted. * These should be a single complete group that can be measured in the same way. | For example ‘Damaged seats’| Choose measurement units| * Find a measurement uni t this that will lead to the highest bar being the most important to address. * This is often a count of something. | A weighting factor may be used to ensure the highest number is the most important. | Plan the measurement| * Determine how many items must be measured to build a representative chart. Plan the detail of the work, including who will measure what, how, for how long, and so on. | If possible aim for around 50 items, as this will give a statistically repeatable chart. If you repeat the measurement, keep all conditions as similar as possible. | Measure as planned| * Carry out the measurement as planned. * A Check Sheet can be used to manually record measurements. | | Plot the chart| * Plot the results in vertical bars, sorted with the highest bar on the left. | If there are a lot of items that would lead to a long tail of small bars, you can combine these into an ‘others’. Select the focus| * Choose the number of bars which you will address further (this is u sually one or two). | If there are a lot of items that would lead to a long tail of small bars, you can combine these into an ‘others’. | Take action| * Take the work to the next stage by acting on your findings. | If the bar selected is big, you can find a further focus by breaking this down into a sub-Pareto chart. | EXAMPLE: * The city hospital has to analyse and solve the various complaints of the patients, which are submitted to the Head Nurse Office. In order to analyse the complaints and claims we use the Pareto Diagram. With consideration 845 received complaints, starting from the complaint forms filled in by the medical service beneficiaries, which were grouped in the following categories. 1) COMPLAINTS BY CATEGORY: 2) REARRANGE THE PROBLEMS ACCORDING TO THE MOST SIGNIFICANT TO THE LEAST SIGNIFICANT ACCORDING TO THE NUMBER OF COMPLAINTS RECEIVED. 3) PLOT THE GRAPH, CREATE THE CHART AND DRAW THE CUMULATIVE CURVE RISK OF PARETO ANALYSIS & HOW TO AVOID IT RISKS| S TEPS TO AVOID| * Selecting the wrong items, such as jumping to conclusions rather than using proven facts. | * Take care to start with the right problem. * Using measures which lead to the highest bar on the chart indicating something that is not the most appropriate item to address. | * Remember that the focus is to find the most important item, so get measurements right. | * Assuming the people who are doing the measurement are motivated and able to do this. | * Educate the people who are doing the measurements and check with their managers that they can do this extra work. | * Ending up with things that are too-big to address. | * Carefully consider the effort you will need to address the selected items.If this will be too much, then take another step to find a lower-level focus. | * Last-minute changes that are based on intuition rather than measurements and known facts. | * Be very careful when taking intuitive leaps. It is often better to trust a process which can later be ver ified. | ADVANTAGES & DISADVANTAGES OF PARETO ANALYSIS ADVANTAGES: 1. Organizational Efficiency -The problems ranked highest in severity should become the main focus for problem resolution of improvement. 2. Enhanced problem-solving skills -Enables management to organize work-related problems into connected facts. . Improved decision making -Can measure and compare the impact of changes that take place in an organization. DISADVANTAGES: 1. Easy to make but hard to troubleshoot -Provide no insight on the root causes 2. Multiple Pareto chart may be needed -Further analysis and more charts are needed 3. Qualitative Vs Quantitative data -Can only show qualitative data that can be observed. CONCLUSION Here, we can conclude that Pareto Analysis are helping in decision making by identifying the significant issues or problems to be solved and get the high advantage by doing entire jobs.The 80/20 rule states that by focusing on 20% of the entire problems, we may generate 80% of the advantage of the entire job. Therefore, we can saves time and improved decision making skills by solving the right or significant problems rather than focus on the symptoms only. However, Pareto Analysis also have some drawbacks when they’re failed to determine the root causes and it needs further analysis since the Parato Analysis only gives the significant problems according to the information gained from unskilled person on the certain issue such as from customers, clients, suppliers and other parties. APPENDIX

Persuasive Essay On Abortion - 1228 Words

As a society we have always been taught that murder is a crime, so why is it any different when it is a baby? Many unplanned pregnancies occur in the world every year, in fact, â€Å"out of 6.2 million pregnancies each year in the United States, 1.6 million end up in abortion† (Hern). Because of the numerous traumatic psychological, physical, and overall irresponsible behavior or actions constantly encouraged due to abortion, it should be banned, and forever illegal. Killing one’s own fetus has been linked to psychological distress which has been channeled into many different cases of substance abuse. â€Å"Induced abortion has been linked to increased rates of substance abuse, especially among young woman† (â€Å"Psychological Health Effects†). Not†¦show more content†¦A person can become psychotic and begin to experience hallucinations† (â€Å"Effects of Cocaine†). Daily experience with cocaine can drive the total dosage needed in order of effectiveness to increase majorly, while doing a tremendous amount of damage to the body itself and putting others lives at a very terrifying risk. â€Å"Coming down from the drug causes depression so severe that a person will do almost anything to get the drug- even commit murder† (â€Å"Effects of Cocaine†). Not only are psychological effects highly damaging while at the same time almost promising to the growing (and living) fetus but they can also hu rt the carrier. Knowing that there seems to be almost never ending amounts of psychological effects along with many others, there are also physical effects on abortion. For an example, â€Å"Women face a number of possible physical complications as a result of legal abortion including hemorrhage requiring transfusion, perforation of the uterus, cardiac arrest, endotoxic shock, major unintended surgery, infection resulting in hospitalization, convulsions, undiagnosed ectopic (tubal) pregnancy, cervical laceration, uterine rupture, and death† (Hern.) Although there are many different cases of these physical effects happening throughout every single year, the amount of abortions are still increasing at a very promising high rate. Stated in a general psychology 2000 study, â€Å"Seventeen percent of women participating in a study on the effects of abortionShow MoreRelatedPersuasive Essay About Abortion993 Words   |  4 Pagesin two peoples perspectives. The story consisted of a daughter (Deb) and mother’s perspective after the death of her father. The purpose of this layout is to show how they are both grieving in individual ways. Writing for the persuasive was presented as an essay on why abortion should be accessible in every country, and to also outline the shame women receive. Purpose Purpose for writing publication- Purpose for writing a real-estate article was to inform a potential buyer on the house showed. AlsoRead MoreAbortion Persuasive Essay1119 Words   |  5 Pages To begin with, there has always been an extensive issue with the topic of abortion, why? Well, it’s a tough subject and can get extremely emotional and very defensive. Honestly, people just need to open up their eye’s and understand that its murder and not just a choice. It is murder because two can create a blessing and the choice of aborting it, is more like a sacrifice for the reason a mother can’t carry a baby for nine months. Whether a person is a minor, young adult, or an adult and is inRead MoreAbortion Persuasive Essay755 Words   |  4 Pagesinstead these babies are torn limb by limb, burned, and many other tortuous methods to end the precious life. Abortion is murder and is not only very cruel to the unborn baby but it also harms the mother. Pro-choice is an escape from the harsh reality that a baby is being murdered, and in my eyes a life should only be terminated if God himself is ready to call them home. One reason why abortion is wrong is because they are many other safe solutions that would give the child a chance at life. AdoptionRead MorePersuasive Essay On Abortion917 Words   |  4 PagesAbortions in Texas consist of ending a pregnancy of an unborn child before it can live out of the mother womb. However if the pregnancy ends not on purpose before the twenty four week mark then technically it would be considered a miscarriage. Though inducing the abortion on purpose has caused a lot of controversy over the past century. Deliberately putting people on one of two sides of this issues, of either being for it, which would be considered Pro Choice. Or in the other category of the ProRead MorePersuasive Essay On Abortion1635 Words   |  7 Pagessolve this issue the option of abortion was brought to the forefront by scientists and advocates such as Dan Savage who mentioned that abortion should be mandatory for the next 30 years in or to control the population. (Ertlet) For countri es such as the U.S. with a growth rate being 1.6%, the proposal of widespread abortion is highly recommended as mentioned by obstetricians and gynecologists. (MumfordKessel) Who now leaves the question as to if the option of abortion should be used as a means ofRead MoreAbortion Persuasive Essay804 Words   |  4 Pagesfamily with someone. Often times accidents happen in which people didn’t plan for, and can lead to many financial problems or neglect of one’s child because the parents weren’t prepared to be parents. This is why there should be the option of abortion. Abortion needs to be an option for everyone because it helps from long lasting mental states, infection, economical problems, and or having conceived from a non consensual circumstance. Pregnancy is a hard and unforgiving to the woman’s body. In factRead MorePersuasive Essay On Abortion954 Words   |  4 Pagesand nations who destroy life by abortion and euthanasia are the poorest. I do not say legal or illegal, but I think that no human hand should be raised to kill life, since life is God’s life in us, even in an unborn child.† Do you know what abortion really is? Abortion is the ending of pregnancy by removing a fetus or embryo before it can survive outside the uterus. Abortion seems to be more common in today’s society. Numerous amounts of individuals support abortion, and do not realize how it affectsRead MoreAbortion Persuasive Essay736 Words   |  3 Pagesfavor of abortion rights. The decision was 7-2, it stated that it showed a â€Å"right of privacy.†Abortions have been performed for thousands of years all around the world, even though many women died from it. Women nowadays have a choice of whether they want to get an abortion. Abortions do come with risk, one of them being death, but women should still have a right and say what they want to do with pregnancy and not be judged by others for doing so. Today the debate across the world is if abortion shouldRead MorePersuasive Essay On Abortion1321 Words   |  6 Pagessomeone who may be suicidal or who is suicidal himself/herself. As for taking away fetus’ lives, the damage that abortion makes on life can be proven with the statistics. According to Casey, â€Å"over the past 44 years, one-sixth (60,000,000) of the American population has been killed by elective abortion. Twenty-five percent of African-Americans are killed in the womb America,† (Should Abortion Be Legal n.p.). The figure 60,000,000 is a depressing number considering that these children could have been futureRead MorePersuasive Essay On Abortion723 Words   |  3 Pagescontraception I want to discuss is sterilization. For an idea that is so broadly accepted in private, contraception certainly generates a lot of opposition when discussed in public. Some people think when we talk about contraception that it’s code for abortion. It’s obviously not the same thing. Let’s be honest, people are just uncomfortable with the topic because it’s about sex. And sex talk in this country is kept on the hush even though we are sold sex via advertising left and right. Some people worry