Monday, September 30, 2019

Impact of Colonization on Native Americans Essay

Aztecs in Mexico ? Pueblos of Southwest ? Mound Builders in Mississippi Valley ? 300 separate languages by 1492 REASONS WHY EARLY HARMONIOUS LIVING ENDEND ? No immunologic protection against European diseases – up to 90% of native population died in the first century of contact ? Native people had different spiritual beliefs and ideas about land ownership than Europeans. Many resisted Christianity, and the idea of buying and selling land was unthinkable to them. ? With the exception of the Five Nation Iroquois, most Indian tribes lacked unity, and were often rivals with each other. They were very vulnerable to the Europeans with their superior weapon technology EUROPEAN TREATMENT OF NATIVE AMERICANS: Spanish Policy: ? Approach was to conquer, rule and intermarry ? Established missions to convert Indians to Christianity ? Took over their economy ? A rigid class system developed that was dominated by pure-blooded Spaniards English Policy: ? Initial sharing of ideas about agriculture, traded in furs, and coexisted ? Eventually gives way to conflict and open warfare ? English had no respect for Native American cultures; viewed as primitive or savage ? Native Americans saw their way of life threatened with increasing English population ? Cultural Clash in the Chesapeake †¢ At first, Powhatan possibly considered the new colonists potential allies and tried to be friendly with them, but as time passed and colonists raided Indian food supplies, relations deteriorated and eventually, war occurred. †¢ The First Anglo-Powhatan War ended in 1614 with a peace settlement sealed by the marriage of Pocahontas to colonist John Rolfe. †¢ Eight years later, in 1622, the Indians struck again with a series of attacks that left 347 settlers, including John Rolfe, dead. †¢ The Second Anglo-Powhatan War began in 1644, ended in 1646, and effectively banished the Chesapeake Indians from their ancestral lands. †¢ After the settlers began to grow their own food, the Indians were useless, and were therefore banished. ? The Iroquois †¢ In what is now New York State, the Iroquois once were a great power. †¢ They were made up of the Mohawks, the Oneidas, the Onondagas, the Deganawidah, and the Hiawatha. †¢ They vied with neighboring Indians and later French, English, and Dutch for supremacy. †¢ The longhouse was the building block of Iroquois society. †¢ The Mohawks were middlemen with European traders. †¢ The Senecas were fur suppliers. †¢ The Five Nations of the Iroquois’ rivals, the neighboring Hurons, Eries, and Petuns, were vanquished. †¢ Throughout the 1600s and 1700s, the Iroquois allied with the British and French (whichever more beneficial). †¢ When the American Revolution broke out, the decision to side with who was split. Most sided with the British, but not all. †¢ Afterwards, the Iroquois were forced to reservations, which proved to be unbearable to these proud people. ? Puritans vs. Indians †¢ Before the Puritans had arrived in 1620, an epidemic had swept through the Indians, killing over three quarters of them. †¢ At first, Indians tried to befriend the Whites – Squanto, a Wampanoag, helped keep relative peace. †¢ In 1637, though, after mounting tensions exploded, English settlers and the powerful Pequot tribe fought in the Pequot War, in which the English set fire to a Pequot village on Connecticut’s Mystic River, annihilating the Indians and bringing about forty years of tentative peace. †¢ In an attempt to save face, the Puritans did try to convert some of the Indians, though with less zeal than that of the Spanish and French. †¢ In 1675, Metacom (called King Philip by the English) united neighboring Indians in a last-ditched attack that failed. †¢ The King Philip’s War slowed colonial western march, but Metacom was beheaded and quartered and his head was stuck on a sharp pike for all to see, his wife and son sold to slavery. ? Roger Williams in Rhode Island and Quakers in Pennsylvania most tolerant of Native Americans French Policy: ? Maintained relatively good relations with Native American tribes ? French soldiers assisted Huron in fighting Iroquois ? Built forts along Great Lakes – exchanged French goods for Indian furs ? Few colonists, farms & towns posed very little threat.

Sunday, September 29, 2019

World economy and global competitive strategies

The services sector industry is among the more active sectors in every economic unit growing at a faster rate than the rest of the components in every economy. The financial and professional services component for one are among the more strategic professionals tht provide clients with strategic analysis, focused direction, competitive market positioning and portfolio assessments across all segments of an economy. This sector, being one of the most active economic drivers in recent memory, has the in-depth industry resource, experience and clout in bringing the hands-on knowledge of making economic investments and positioning decisions in a dynamic and highly competitive manner in the markets. The services sector has grown by leaps and bounds during the last twenty years, integrating deep knowledge and proficiency of every markets they serve, international and national clout and influence in the major corporate management decision making in the primary industries specifically in the capital and labor intensive financial services sector, energy, property, communications, technology and tourism areas aligning strategies and projects, providing clients with forward-looking market analysis and scenarios which model both demand from every market and supply from competitors. With the intensive use of technology and knowledge-based proprietary databases and the dynamic, interactive analytical models of the globalization phenomena, the services sector is able to analyze and project the directional details of the markets, competition, capacity, risks and uncertainties of the global economy. Developing innovative strategies based on a detailed knowledge of demand, technology and competition in all sectors of the economic value chain, the unprecedented growth of the services sector ironically characterizes its own periodic collapses triggered by the sheer heavy weight of its strategic competitive responses to every demand emanating from the other sectors, primarily the agriculture and the manufacturing components. It is not to be underestimated that the influences of the services sector in the two other areas are significant, pervasive and encompassing and this alone has driven the globalization of the services industry to an extent never before imagined. For example, the influences of the professional services of big auditing and consulting firms in the services sector contributed and assured much to its stable growth during the last fifty years that this services area became one enabling force for globalization not only of its own sector, but the entire economic drivers from the agriculture and manufacturing territories. The series sector advise and consult with corporate and business unit executives to evaluate corporate performance; optimize resource and equity portfolios under different future scenarios and uncertainties and risks; assess competitive behavior, outcome and economic implications; and measuring business strategies against overall corporate objectives at the micro level and economic goals at the macro level. This paper therefore analyzes the world economy and makes a strategic competitive economic scenario forthcoming. In the process, this paper seeks answers to the following issues: 1) What are the tell-tale signs that are predictive of favorable and unfavorable global economic and financial scenarios? (2) What new competitive models are tempered by the new forms of economic and financial framework? (3) What is the sustainability of these models in face of the appurtenant risks and uncertainties of the emerging economic environment? (4) What relevance are these emerging strategic competitive models are to the concept of strategy mapping and in the realm of the balance scorecard? Scope and delimitation This study aims to cover the emerging global competitive scenarios and strategies in the services sector and does not include analysis of the agriculture or manufacturing sector. Likewise, this discussion limits itself to the current economic scenario of the first stage of post-2008 global meltdown and their implications towards the succeeding uncertainties of the ongoing turmoil in the financial sector. In addition, discussion extends to every financial market as Britain and Europe, United States, Australia, Singapore, Tokyo and Hongkong and even the emerging capital market in the Middle East. Similarly, discussions aims to center on the major economic drivers that dominate the competitive market place mentioned earlier. Significance of the study This study aims to analyze the economic, political, environmental, social, technological and legal viewpoints that impact the strategies prevailing in the competitive markets. Thus, this paper is determined to clarify the inputs that enable political units to craft economic policies aimed at stabilizing and enhancing the growth of the business sector. Business modeling is a sector that helps clarify the forces that create a phenomenon. Thus, this study will enhance the descriptive relationship among models and seeks to gather enough documented models to help predict phenomena . Thus, this will help allow optimization and maximization necessary to address a continuing environment of competition and the other problems that impacts upon every market phenomenon. Because of the increasing importance of the services sector in the global marketplace, this study will provide a synthesizing prediction of the emerging models of competition in the face of the growing complexity of every economic activity. The services sector and its unique contribution to global economic fundamentals The services sector provides the intangibles that characterize the qualitative directional guide and radar for all other sectors. These services are unique in the sense that corporate judgments and decisions are based on the cost-benefit analytical models that guide entrepreneurs and every unassuming captain of every industry to effective alternative options. When decisions are made, they are tempered with the competitive factors that mitigate or eliminate the risks while enhancing the success rates of choosing the most appropriate solutions. Examples of advisories and consulting projects distinct in the services sector include: (1) integrated corporate strategy development and financial modeling of old and emerging business issues; (2) market analysis and forecasts; (3) project concept optimization and advanced financial modeling; (4) capacity and value chain analysis; (5) risk management systems; (6) global marketing; (7) technology modeling; (8) educational technology, accreditation and certification; (9) quality assurance; (10) logistics planning and management; (11) reengineering consultancy; (12) off-shoring, outsourcing and multi-sourcing; and, (13) economic forecasting, strategic planning and strategic human resource management, among others. These services are the products of the competitive environment in the highly volatile knowledge-based sector and are expected to create greater economic impact moving into the next millennium as the services sector becomes tempered more with tightening capital and equity base as globalization gives way to a more complex type of globalization. Globalization at this point, shall have become more efficient but predatory. The unending shift of the markets in favor of those companies that are heavily underwritten by the services sector will continue to pervade every market making it even more sensitive and uncertain. Just like the appearances of the recessive depressions of the 1930s, the 1997 Asian financial crisis and 2008s, the unpredictability of the services sector is always a warning to its adherents – that the potentials of this sector is as open and lethal as the crises that are spawned by its abuses. Among the industries: manufacturing, services and agriculture, the services sector appears to have pervaded more the impact of the other sectors in the same way the GATT and WTO, the Asia Pacific Cooperation (APEX) agencies and the NAFTA that have influenced the markets of the developing countries in the process of protecting the interests of the developed states. Understandably, this protectionist groupings is expected to bring and create a leveling of the playing fields in business, but at whose terms? †¢ This sector advises many companies and economic units as well as governments on the implications of geopolitics and economic development for global and regional industry investments, whether foreign direct capital or the portfolio type that characterize television game showed. Our economic analysts combine a rigorous analysis of country, regional and global political and economic factors with in-depth understanding of how the markets operate. There is the assessment and impact modeling on companies and markets of economic importance and change, the sensitivity impact of OPEC decisions, economic developments and global supply/demand patterns. The services industry is an industry leader in understanding the dynamics of the energy sector. Using a unique methodology and framework to predict country and regional developments, there are provided commercially-relevant scenarios which enable clients to evaluate risk, assess opportunities and plan strategy accordingly. Examples of advisories and other consulting projects include: (1) assessment of the long-term investment risk in a new country compared with other assets in an independent's portfolio basis; (2) formulation of a global competitive strategy for every small and medium sized international company; (3) development of future political and economic scenarios and implications for every industry giving the accurate and genuine investment opportunities for a major players in the economy; and, (4) development of a regional access strategy for every major integrated company. The services strategies group offers advisory and consulting services primarily as well as real time online membership services to meet the needs of clients. The services industry is highly dependent on global competitive costs and demands explanations and implications from the services analysts. The business sector cannot afford not to know every economic driver? For more than two decades, 25 years to be exact, The service s sector’s economic and political risk experts have woven their deep understanding of the energy sector into a keen understanding of geopolitics. Thus, unique insights are provided into the economies of major economic producers, their development strategies and the sustainability of those strategies. The sector is responsible for advising many clients on business opportunities and entry strategies in emerging markets, leveraging their understanding of political risk and country politics. Thus, the services sector have benefitted from the importance it has given to the following industries: aerospace and defense, automotive and transportation, banking, chemicals, construction consumer products, energy and utilities, financial services, government, industrial manufacturing, insurance, metals and mining and pharmaceuticals The expertise of the services sector goes well beyond consulting and financial services. Using a unique methodology and framework to predict country and regional developments, the sector provides commercially-relevant scenarios which enable clients to evaluate risk, assess opportunities and plan strategy accordingly. Thus, competition in this area continuous to become stiff, hence extremely important. Thus, built with a combination of regional politics, economics, markets and global trends and technology, this analytical study is applicable to the business environments of the diverse industries and clients that benefit from their advisory system. Similarly, the sector’s and market experts provide clients an integrated approach to country, regional, local and global market trends resulting in probabilistic scenarios that help them manage the value of such undertaking. There is a need to combine the in-depth knowledge of the every sector with the ability to build and construct vertical and forward-looking geopolitical and economic risk models, such as the political and economic analysis of key producing markets, the wide and extensive power-mapping of key economic and political decision makers in the strategic sectors of the economy, getting insights into energy-intensive, value added sectors of the economy, national development goals, plans and capabilities, unconventional wisdom regarding complex markets, innovative approaches to interpreting country risk and identifying under-explored opportunities Strategic Competitive Functional Practices of the Services Sector The service industry, while still comparatively young compared to the other sectors will continue to grow and expand as the global economy gradually makes progress in the midst of the global financial turmoil which has stalled all momentum towards expected growth. The complexity and importance of their services to the business sector will determine the competitiveness with which this sector grown by leaps and bounds. To name a few, the business process outsourcing and offshoring sectors expands at a dizzying pace than before as corporate organizations continue to adopt reengineering measures to reduce cost to remain competitive. The fluidity of the professional services sectors in the health area represented by the nurses and other health experts have pervaded the manpower market all over and remains an extremely bright prospects for sustainability of countries with a high degree of services training to its people. Mutual regional agreements for the practice of professionals beyond borders are relevant issues being considered by regional economic summits and groupings such as Apec, Asean, Nafta and follows the pattern advocated by the GATT and the WTO. Thusm advanced form of services will replace traditional schemes: (1) global coverage with regional expertise where the services team of regional experts offer in depth expertise and collectively create an integrated, global perspective; (2) energy dynamics which helps maintain relationships with key sector delegations and provides insight into the effect on markets and local sectors by the services component; (3) industry leadership in understanding the dynamics of the energy sector. Using a unique methodology and framework to predict country and regional developments, the sector provides commercially-relevant scenarios which enable clients to evaluate risk, assess opportunities and plan strategy accordingly. In addition, its industry players are considered the strong backbone of the sector as they have steered the industry from nothing. Experience-wise service experts have previous background experience in the government and provide clients with insight on United States foreign policy formation, future policy directions and economic impact on various industries. Somehow, the framework of global competitiveness for the sector will continue to be governed by technology-based innovations and cost-efficient systems sustainable over the long term. Here, the impact of an important consideration as Climate Change Policy, our understanding of climate change policy that stems from the broad expertise in national and global regulatory regimes, and the interaction of long-term trends in politics, economics and technology. Regional Issues for Investors in the Services sector In Africa, the services sector provides consulting and advisory services to companies and governments on African geopolitics, political risk to investments, market strategies and competitive positioning in the region. Likewise, it also offers assessments of key linkages between Africa and other regions and the resulting implications to the economic environment prevailing. In Asia, the industry provides an on-the-ground expertise to clients focused on the region itself along market risks and strategies, competitive issues and regional geopolitics. In Europe, where the services sector is among the fastest growing component, the series sector maintains consulting advice with companies and governments on regional politics, the impact of regulatory changes and policies, market strategies and competitive issues. In Latin America, the services sector focus on tourism ands draw from their extensive knowledge of politics, economics and regulatory trends as well as on-the-ground experience to help clients anticipate policy shifts and improve strategic planning. Latin America's largest markets also offer major asset-liability resource-holders and grounds for clients to benefit from recognized expertise in geopolitics, economic markets, US foreign policy as it relates to the region and in-depth knowledge of the primary economic drivers of the industry. In providing integrated risk assessments and laying out future scenarios, the role of the services sector is to assist its clients to devise robust coordinative and competitive strategies unique for the region. In the Middle East and North Africa (MENA) region, the strategic focus is more on the uniqueness of the Middle East which recognizes services technology experts for the region. The market in Bahrain allows for greater interaction with clients in the MENA region along geopolitics, the economic impact of US foreign policy, the developmentalist strategies of the Gulf States and investment opportunities and political risks which are considered high in the region as they become more volatile in terms of strategy. A special emphasis of the services sector in the area is the government consulting efforts that is directed towards sustainable development and one that will allow governments to leverage their natural resources, diversify their business ventures and enhance human capital. In North America, the services sector continue to dominate the economic landscape at enhancing extensive knowledge about the impact of US energy, economic, climate change and foreign policy, allowing clients to benefit from our interaction with key government officials. In Russia and the Caspian area, the services sector which are heavily technology-based, experts write, consult and speak on regional oil and gas developments; regional energy strategies; economics and politics; M&A trends in the Russian oil sector; US foreign policy as it relates to the region; entry strategies; competitive trends and other associated issues that impact investments in the region. Service consultant and advisors regularly participate in senior-level delegations with representatives from both US and regional governments and private industry but mostly oil companies. Methodology The study requires a primarily qualitative approach of the descriptive types that brings and illustrates scenarios that accurately depict the answers the questions and issues earlier propounded. The first statement of the issue on the tell-tale signs that are predictive of a favorable and unfavorable global economic and financial scenarios require am inventory of the manifestations of market indicators that may likely result to either scenarios. The predictive validity of indicators is the subject of analysis and correlation. In the second statement, on what new competitive models are tempered by the new forms of economic and financial framework, the methodology explores specific or merging theories that explains and clarifies the new relationships of marketing, competitiveness, quality, pricing, technology and the buyer’s behavior. In the third statement on what the sustainability of these models are in the face of the appurtenant risks and uncertainties of the emerging economic environment requires the analysis of the stability of the models presented and their sensitivity to the changes occurring in the environment in the form of risks and uncertainties and are expressed in terms of low or high degrees in a scale of five. On the fourth issue on what relevance these emerging strategic competitive models are to the concept of strategy mapping and in the realm of the balance scorecard, require the matching of the competitiveness models with the functional models currently prevailing such as the Kaplan and Norton (2004) concept of strategy maps and balanced scorecard. Thus, the findings are expected to explain the competitiveness, the prospects of growth and the emergence of a new globalization model of the prevailing services sector. Documentary and situation analysis, economic cause and effect relationships, financial modeling and analysis are likely to show cause for explaining the competitive scenario for the service industry. Key informants, representing authorities in the area of economics, competitiveness and marketing contribute to the analytical processes that zeroed in on the phenomenon. An in-depth analysis is required to link instances with growth, emerging manifestations with symptomatic issues. Findings and Data Analysis The issue statements are again enumerated below to determine the results of the study as well as the implications and conclusions being propounded and established. Here, the research questions are reiterated and provided with analytical findings that support current economic theories. Telltale signs Tell-tale signs that are predictive of favorable and unfavorable global economic and financial scenarios are those manifestations that are likely to result in bullish or bearish market sentiments and may provide upbeat optimism or gloomy pessimism towards the future. Favorable economic scenarios are manifested by the following factors: (1) price stability of the product or services which implies a good balance of demand and supply of such product and services. This further explains the general stability of the supply chain applicable to the services sector such as the availability of an adequate number and quality of labor matching the industry needs. For instance, the outsourcing and the off shoring services sectors are steadily growing at a rate indicative of the normal growth in gross domestic product. These should be supported in addition by manifestations in the other areas of the supply chain such as political order and situation is a major supply area such as the Asian continent which are primarily the supply market for the services sectors especially the BPO manpower needs. In the professional services sectors, the availability of nurses, engineers, accountants, doctors, teachers, hospitality industry workers, IT programmers and web designers and other professionals is a significant factor in stabilizing the long-term prospect of the services sector. Thus, the participation of the educational sector especially the higher education institutions are critical in maintaining the steady and balanced flow of manpower to the industry in terms of quantity and quality provided. Any form of imbalance is likely to create a demand and supply gap that is likely to translate into price differences and either to the advantage or disadvantage of the employer and employee. Growth areas in the services sector will continue to be dominated by the BPO industry which includes back office services provided by the accountants and financial services providers, health care workers, hotel, restaurant, tourism and culinary experts. Geographically, the Middle East and North Africa (MENA) region is likely to become a prominently rich areas for the services sectors tempered only by sporadic issues of conflicts between and among the native Arab constituents which will concentrate the services sectors in the more politically stable Arab nations such as the Emirates, Kingdom of Saudi Arabia, Kuwait, Egypt which are becoming the favorite destinations of service professionals due to its lucrative compensation packages. Other growth areas considered include the American services market which serves as the area expect to pump prime and jumpstart back the economic stimulus packages provided by the US administration. In addition, the Australia-New Zealand market is likely to dominate the Asian region next to India primarily driven by efficiency factors while India’s competitive advantage is its low-cost technical service providers in the dominant BPO industry. Although China and Korea are fast becoming the hub of pr ofessional teachers and education providers, the Asian market is expected tube the primary beneficiary of its own competent manpower supply. This is similarly the case of Europe and South America which adequately provide and supplies its own service providers primarily in the tourism and professionals sector. The North American market will likely be dominated by the Canadian demand as the country opens up its doors to professionals from all over the world. Nevertheless, off-shoring and outsourcing services are expected to continue its upbeat growth rate over the long-term. However, it is likely that the shifting from outsourcing to the off-shoring area will be more pronounced as labor costs offer competitive advantage to a host country. Nonetheless, the primarily considerations for the BPO industry is similarly shifting from the cost factor to the quality factor. Emerging Competitive Models The new competitive models tempered by the new forms of economic and financial framework are expected to be along the cost-quality market factors. Traditionally, cost considerations have been the primarily competitive factor in the services sector. However, the growing matching of cost and quality character of providers is becoming the defining standard in the competition. It appears here, that the cost considerations are slowly becoming a secondary option for buyers of services as the industry shifts its priorities towards the quality dimension. Thus, the Asian services market has slowly adopted the cost-quality model which is attributed to be factors in further stabilizing the services. On the other hand, the cultural factors of manpower providers are slowly gaining adherents in the industry considering the ability of the cultural dimension to enhance or denigrate the quality dimension in the delivery of services in the sector. Thus, certain preferences have started to be a consideration in terms of hiring. Filipinos, for instance, are becoming favorite preferences for teachers in China and Korea because of their cultural background in the languages that enabled them to become the fourth largest English speaking country in the world. India so far has dominated the BPO industry because of its technology-driven educational sector that is consistently being developed by the government. Sustainability versus risks and uncertainties Risks and uncertainties similarly will characterize all moves in the competitive services market. The cost-quality-culture model of competitiveness is likely to dominate during the medium to long-term as markets start developing their niche in the services sector. Incidentally, the services industry has been primarily driven by the ability of the providers to integrate the values of their culture with the value-needs of the sector. Slowly, the cost-quality-culture model is being enhanced and made more marketable by the cross-cultural and social migration factors that gradually demands the quality of immigrants or permanent residents admitted in a host country like Australia, Canada, the United Kingdom and the MENA region. Other emerging models indicate the growing preferences for the language and skills qualifications of professionals as they are slowly absorbed by the host country. However, the risks and uncertainties faced by the services sector include the factor of cultural resistance as migrants and overseas workers assimilate themselves into the society of the host country. Formal ethnic groupings are likely to increase which will likewise increase the racial tensions and discriminations inherent in the host country. Thus, the social cost of the services sector is likely to cause short-term cultural irritants especially for ethic groups with high militancy backgrounds. Relevance of Models vs Strategy Maps and the Balance Scorecard The emerging strategic competitive models and the concept of strategy mapping and the balance scorecard principle (Kaplan & Norton, 2004) are heretofore being matched to create relevance and purpose in the models emerging in the economy. The balanced scorecard and strategy map concepts appears to be where the services sector is heading form refinement. These concepts defines strategies along four perspectives: the financial, which assures corporate profitability for shareholders; customer satisfaction which assures clients on the quality of the services; learning and growth, which provides investments in training and development to the human capital; and the internal business processes that demands the use of appropriate technology processes in providing services. Here, the prospects of the models have the making of an extremely positive framework for rendering services in the industry. The stakeholder concept of management and decision making demands that business decisions be tempered with the interests of all stakeholders in mind, such that no sector or perspective becomes underserved and neglected. Fairness and impartiality is paramount and immortal. These models, perhaps is the best road map the services sector can design and sustain. The services sector is likely destined to become a very potent sector in the next generation employing a large majority of the working age population at the least and the highly intellectual sector at the most. Henceforth, this economic component stands to be the most productive resource in any economic unit. The fluidity of the world economy will always welcome new shifts in thinking as well innovation in the way services are being delivered. In due time, the delivery services will concentrated through information technology processes that may reduce the physical component of the industry, that is, investment in physical assets will shift to the burden of the worker as services are rendered from home areas and no longer from fixed buildings and offices. In fact, off-shoring is virtually an outsourcing done away from the country. The situs of work is becoming mobile. This implies the intensive use of technology as man opts to become more multitasking and productive in the most feasible ways than ever. Although many sectors in the service industry will continue to be in the actual place of business, but the change in the configuration of how services are delivered in some areas will likely create a new industry or a form of industrial revolution that allows doctors to treat their patients miles away, accountants analyzing clients’ financial statements from another country, bank clients interacting with their banks in all financial transactions that virtually makes use solely the ATM equipment, nurses automating and teleconferencing with in-patients and outpatients on home care, call center agents investing in their own VOIP and serving the company in the comfort of their homes, teachers using high-end technology in virtual contact with his or her students through teleconferencing in a virtual room, engineers designing and monitoring projects through rooms filled with LCD monitors projecting all possible angles of the project, or computer programs and website developed in the worker’s own laboratory. All these components of the service industry realigning to form a new form of services sector that are home-based or away from the usual work sites—called the offsite services sector. The potentials of this emerging sector becomes tremendous when one considers the effects in terms of less manpower and capital expenditures outlay on the part of the company and less personal expenses in moving to and from work such as gasoline, clothing, meals, work stress, travel risks and more of family time, leisure and quiet healthy decision making processes away from the chaos of the company premises. The services sector has a unique characteristic, and that is the substance of the services is intellectually conceptualized, hence there is no need for physical presence. The other half of the services sector definitely requires physical presence like the tourism and the hospitality industry, the traditional hospital and medical care services, accountants on actual hands-on supervisory work, managers that physically supervises handling of the movements of logistics and resources, etc. Conclusion The potentials of the services sector are one that virtually creates unlimited prospec ts for the economy. The industrial revolution expanded man’s opportunities that practically opened new doors for other industries to be born, such as the technology revolution, the knowledge age, the atomic era, the period of corporate social responsibility as an inescapable perspective in the conduct of business. Managing the world economy through the next generation is one gigantic responsibility that demands a new form of working with tasks and people. The sensitivity of every stakeholder in the conduct of business similarly demands impartial attention to their expectations which should not be left to the corporate background and be given lesser priority. Likewise, managing the services sector of the economy demands investments in the human capital and the peripherals of services. Thus, considering the high degree of volatility and fluidity of the services sector, the future of the industry remains as upbeat as any optimist can be. Man’s responsiveness to the emerging models of the services sector should enable him to reconfigure his thinking, shifting not simple paradigms but merging those old thinking with innovative components that not only redesigns old ideas, but keeps them to create balance between technology of the past and the emerging innovations of the present. Man is not likely to stop reinventing himself. The services sector is the vehicle of that reinvention. Thus, it is the core of this thesis that the various industries, the services sector especially, need to reconsider currently existing models such that these gradually matches man’s need for identity, relevance, dignity and immortality in terms of innovation gratitude.

Saturday, September 28, 2019

Writing to inform – Poverty

Poverty is the greatest problem facing the world today and through the annals of history. The fact that wealth is distributed so unevenly, many would say unfairly is a problem that has occurred for millennia. Whether it be the social stratification of ancient Egypt or that of today's world, poverty has always existed and some say, always will. Ever since there has been poverty, there have been those that have tried to help the poor. There may have been money given, or food offered, there has always been a struggle to combat poverty. However this has always seemed futile, the black hole of poverty in our world has never been closed, and it has never ended. Though, in these modern times, due to our social structure and awareness, there are fewer people suffering from absolute poverty than any other time in history. Every time we enter the town centre, we are surrounded by hordes of collectors, every penny we give leads to the reduction of poverty. Every time we flick on the TV, there are countless adverts telling us to donate. Every time we look in a magazine or newspaper, there are articles telling us of the world's ills. Never has there been such a mass awareness, leading to donations, from people all around the world, to people all around the world. You still may be wondering why I have chosen poverty as the world's greatest problem. It is because it is the Russian doll of the world's problems. The fact that poverty leads to crime, disease, famine, lack of education and pollution truly makes it the roots of the world's problems. Everything stems from poverty. The distillation of water is also a major problem. The fact that distillation is an expensive process, requiring many resources to use, leads to a poor quality of water in those countries that can't simply afford it. The water may carry diseases such as cholera and diarrhea, which leads to the death of many people. This will most likely be infants and the elderly, as they are more susceptible to illnesses. There may also be a lack of food due to the poor quality of the soil as fertilisers may be too expensive. This in turn leads to crime; mothers and fathers may steal to feed their children. People will do anything to survive, even if it is against their basic morals. The fact that this leads to crime truly proves the â€Å"Russian doll† theory. Poverty has lead to a lack of food, which in turn has led to crime. The fact that poverty is an endless spiral leads it to its longevity in our world. A lack of education leads to poorly paid jobs. As prices rise due to a population increase, the poor are made even poorer. The fact that the human population increases due to the poor having many children to sustain their agricultural work, leads only to an increase in prices. Corporations know of supply and demand. There is always a greater demand if the population increases, and all they must do is increase their prices. Poverty has led to all these things, and these things lead to poverty. It is as if it is a bacterium. Constantly splitting, growing in number. However the modern era of donation maybe the virus that purges poverty from our world. Maybe one day, we will live in a world where wealth is distributed evenly. Where the larger corporations play â€Å"fair,† and the word â€Å"poor† never has to be used ever apart from in a history lesson. Maybe we can lead to that sort of world; maybe we can be the virus that destroys poverty. We maybe the generation which made poverty history.

Friday, September 27, 2019

'English Criminal law fails to deal with the drug supplier whose Essay

'English Criminal law fails to deal with the drug supplier whose client dies after voluntarily self-injecting or ingesting in a consistent and principled manner Discuss - Essay Example This is a question English criminal law seems to provide us with inconsistent answers. In some cases such as R v. Kennedy2this has been considered as unlawful act manslaughter, while in other cases, such as R v. Evans3this hasbeen considered as gross negligence manslaughter. It is however rare to have drug supplier charged with murder. According to Mitchel4, it is not possible to charge a drug supplier with murder because their actions do have the mensrea(guilty mind) needed to prove murder. The English criminal law are however clear on that the supply of drugs is unlawful act. The unlawfulness of supplying drugs is specified in the Misuse of Drugs Act 1971. The Misuse of Drugs Act 1971 specifies that it is an offence to be in possession of controlled drugs5; to have the controlled drugs with intention to supply it6; supplying unlawful drug7; and allowing your premise to be used for supplying drugs.8 Therefore, if someone dies from the drug supplier’s unlawful act of supplying drug, the drug supplier should be charged with unlawful act manslaughter. The criminal law on unlawful manslaughter or constructive manslaughter, requires sufficient prove of unintentionallinkbetween the supplier’s act and the death of the client for the supplier to be held liable9. Therefore, for the supplier to be held liable of manslaughter, it must be proved that the death of the drug user is attributed to the actions of the supplier10. The court needs to determine that were it not for the drug supplier’s act, the deceased could not have died (factual causation). Further to that, the court needs to prove that the act of the supplier was sufficiently significant in the death of the user(legal causation).English courts have failed to apply the principle of causation in a consistent and principled manner in most cases involving involuntary manslaughter11. It seems that, at

Thursday, September 26, 2019

CONSUMER PSYCHOLOGY ( Promotion Events) Essay Example | Topics and Well Written Essays - 2500 words

CONSUMER PSYCHOLOGY ( Promotion Events) - Essay Example Section A The function is being organised for young managers who are in lower or lower middle level in any mid / large size organization in the city. The guest list also includes middle or senior level HR and marketing managers who are working for similar profile of organizations. The rationale behind choosing two sets of guests is that, one set of guests will be the user of the product that we plan to offer right now i.e. an executive MBA course, while the other will act as opinion leaders and referees for this product, but as customers for our corporate learning products that we plan to offer in future. Demographic – Males and females, married and single, belonging to age group of 20- 35 years, working in various functions like sales & marketing, finance and accounting, HR, operations, IT etc, with work experience ranging from 3-12 years. Psychographic – People who are ambitious, excited about growth, Love learning new things and sharing them with others, , Interested in further education, who believe in pushing hard to succeed, Love reading career blogs. The process starts with customer’s exposure to the product or its idea through either marketer’s cues like various P’s of marketing or socio-cultural environment. The idea is, before someone thinks he needs a car, the person either must have seen a car or heard, read about it. This learning may take place by seeing some thing in a shop or a friend’s place, or watching or hearing its advertisement, being told by some one to try such and such product. Every thing in the event is aimed at that purpose only i.e. influencing consumer decision making positively. Some of them will be working directly in the sense their contribution can be seen or evaluated with the help of this model, while others may help at a subliminal level. For example Taxi – Hiring an upmarket car will give higher image to our organization, We will hire the best Band available in the

Fire Accidents Due to Electrical Code Violations Essay

Fire Accidents Due to Electrical Code Violations - Essay Example The foremost activities of National Electricity Energy Board encompass electrical installations. It requires immense care procedures to be followed to prevent accidents caused by electricity. Although the electricity codes are followed but some violation of this, results in the fire accidents accounting for 3-4% of annual accidents. On analysis it was theoretically postulated that the causes of these accidents could be eliminated in 90% situations (Comini, R., Pontorieri, L., Fanello, G, 1989). Electrical appliances are designed to carry elated load. The current carrying capacity of every instrument or machine is limited and defined depending upon the size and material of which it is made and also on the type of insulation and manner of installation. If they are compelled to carry loads greater than their capacities they will overheat. The excess current will heat the electrical conductors and a point is reached where they will break causing fire hazard. It first causes the insulation to bur, exposing live parts (Martin and Walters). The fatalities in which electricity according to CFOI and SOII data, shows that 2,287 U.S. workers died and 32,807 workers persistently stayed away from work due to electrical shock or electrical burn injuries between 1992 and 1998 (Cawley, Homace, 2003). Major groups were sorted out to categorize electric fatalities: 1. Industries: OSHA (Occupational Safety and Health Administration) inspected at Progressive processing of Ohio Steel Firms and found OSHA violation. The fatality encompasses entangled employee's clothing in rotating part of the machine. There was not only willful violation of the machine guarding regulatory standards but also found that steel processing firm failed to protect the hearing loss (Smith, S, 2003). 2. Construction Industry: 44% of electrical fatalities occurred in the construction industry (Cawley, Homace, 2003). 3. Overhead power lines caused 41% of all electrical fatalities (Cawley, Homace, 2003). Case: A tree lopper received a fatal electric shock when carrying out vegetation control work from the bucket of an elevated work platform. His pole mounted chain saw contacted 22,000 volt power lines (Electricity related serious accidents and fatalities). 4. Electrical shock caused 99% of fatal and 62% of nonfatal electrical accidents (Cawley, Homace, 2003). Case: An electrical contractor was electrocuted when he mistakenly identified a power circuit cable and isolated the wrong circuit when checking live cable junctions in a roof space (Electricity related serious accidents and fatalities). Case: A person was electrocuted

Wednesday, September 25, 2019

Marketing Essay Example | Topics and Well Written Essays - 1250 words - 26

Marketing - Essay Example As discussed earlier BMW is known for its luxury cars and primarily targets the premium market segment to generate its revenues. In order to successfully develop an effective marketing strategy, satisfying the needs and requirements of the targeted consumers should be given the topmost priority by any organization. Hence, the first step towards developing an effective marketing strategy of BMW would be to analyze the consumer behavior patterns followed by the company's potential target population. The key issues that are having a significant impact on the global automotive industry are the increasing rate of urbanization, environmental issues and the changing nature of consumer behavior. The two-tier concept of the industry is changing at a rapid pace. The mature automotive markets in US and UK are expected to converge with the emerging markets like that of China and India in terms of the needs and wants of the consumers regarding safety, reliability, and quality. Moreover, the autom otive market segments comprising of low-cost and premium prices vehicles are also expected to converge. This type of changing consumer behavior and market trends indicate that the available opportunities for the automobile manufacturers would increase in relation to the increasing demand for mobility services and electric vehicles. As regards the targeted customers of BMW, they look for high standards of performance, luxury and quality in the products. There is an increasing demand for hybrid electric vehicles in the market as well.

Tuesday, September 24, 2019

Computational MCMC Bayesian Inference Assignment

Computational MCMC Bayesian Inference - Assignment Example On the other hand, parameters are uncertain and thus are represented as random variables. Since it is not usual to consider a single value of a parameter, we get a posterior distribution. A posterior distribution sums up all the current knowledge about the uncertain quantities and parameters in a Bayesian analysis. It is mainly the distribution of the parameters after examining the data. However, the posterior distribution is not a good probability density function (pdf), so as to work with it as a probability function it is renormalized to obtain an integral of 1. The Bayesian inference uses the MCMC so as to draw samples from the posterior distribution which aid in getting ideas about the probability distribution function. In addition, MCMC is a methodology that provides solutions to the difficult sampling problems for the purpose of numerical integration. The basic idea behind MCMC Bayesian inference is to form or create a Markov process. This process has a stationary distribution ?(?|D) and then after forming the process run it long enough so that the resulting sample closely approximates a sample from ?(?|D). The samples obtained from this process can be used directly for parametric inferences and predictions (Chen, 2010). With independent samples, the law of large numbers ensures that the approximation obtained can be made increasingly accurate by increasing the sample size (n). The result still holds even when the samples are not independent, as long as the samples are drawn throughout the support of the ?( ?|D) in the correct proportions. Account of MCMC Bayesians Inference When using MCMC Bayesian simulation, we find out that an increase in attempts number that vary within different year performance, leads to an increase in goals, and we come up with a conclusion that scoring of this player happens with a nearly 2.3 minimum number of attempts in the corresponding continuum. The inference will be driven by a formula where we have the summation of the at tempts will be posterior distributed, so by letting X be the random quantity which is discrete to denote the number of successes those are the goals. We will have a MCMC inference by developing a Markov chain with equilibrium. Every field goal scored if affected by a given number of attempt updates. Though the distribution algorithm, we generated in the creation of results we can say that there is a uniform prior leading to a sensible distribution. This posterior distribution also has a tail of infinite total probability mass of attempts but a miniscule probability on goals at each year (Lynch, 2007). The main solution behind this distribution, is to, first come up with the mean and variance from a normal distribution, when they are both known, the priors will then be written down, which will be representing some state of knowledge then come up with a posterior probability distribution for the parameters. This posterior distribution calculation on the MCMC inference simulation, will then work perfectly for the type of data given about the athlete. The goal scoring will definitely increase with an increase of the number of attempts. Model formation The Bayesian factors can be put together with prior odds so as to yield posterior probabilities of each and every hypothesis. These can be employed weighing predictions in the Bayesian model averaging (BMA). Although Bayesian Model Averaging sometimes is an effective, and efficient pragmatic tool for making predictions, the usage

Monday, September 23, 2019

Adopting a simple profit-maximising perspective ..... can have Essay

Adopting a simple profit-maximising perspective ..... can have positive impacts for a firm ..... Discuss - Essay Example Business owners or the management are deemed to focus on maximizing profit in the short-run. Adopting simple profit optimization perspective can have positive results on a firm. This study will explore this assertion with a view to examine the positive impacts of profit optimization. Consideration will also be given to other views that suggest other perspectives that managerial decisions should consider. In today’s market, optimization of profits has gained a wider approach encompassing the consideration of uncertainty of time and value of money. This has added to the initial approach of firm theory arguing that the long-term goal of a firm is to maximize its value. Value of a firm is deemed as the present value, which is given by the expected cash flows. For simplicity, the expected cash flows are equated to profit and the present value is thus given as the value of all the profits or the cash flows, which is discounted at the selected interest rate (Keown, 2003, p. 5). Discounting is done to incorporate the uncertainty of time and value of money in the future. This study will explore the profit optimization perspective and its positive impacts, constraints faced by managerial decisions in their pursuit to optimize profits as well as the best perspective that managers should hold in the management of a firm. Profit optimization is a short-run process that involves determining of price and output levels that gives the highest returns in form of profit. As mentioned by Hirschey (2008, p. 38), the level of activity that maximizes profit in a firm is given at the point where marginal revenue (MR) and the marginal cost (MC) are equal such that any further generation of revenue results offsets cost. A simple focus on profit maximization implies that a firm is simply focused on making profits and the resources are utilized with the sole aim of getting the highest level of profits

Sunday, September 22, 2019

Theatre review Essay Example for Free

Theatre review Essay The lighting for most of the play was moderately bright with foot lights lighting the stage, and several overhead lights as well. The exception was Petruchios house, which was quite dim to show how different it was from what Kate was used to, and showing how miserable she was. Most scenes were broadly lit instead of using spotlights to highlight individual characters, which I was quite surprised about, One exception was outside the tavern where the men were celebrating Biancas engagement, when a spotlight was used to show the merchant pretending to be Lucentios father looking out from a window. Lighting was s also used for several special effects. One example was the storm outside Petruchios house, which was very effective, and also an amazing contrast compared to the scene with Bianca in the garden, which had a completely different mood that was well conveyed by the lighting used in both scenes. Sound effects were also used to convey the emotions in each scene, though not used abundantly, but were key to the scene, for example, wedding bells for the church scene and thunder and lightening, which was very atmospheric. There was music from the orchestra before the play started, which set the mood, and also put the play in context because it was sort of old fashioned instrumentalist music, which showed that the play was going to be the traditional version instead of a more contemporary updated version. There was also background music sometimes, but nothing too obvious, and only a few bars at a time, with no real impact on the scene except to add to the surroundings, rather than narrate them, so they didnt have any particular tone, i. e. hopeful or sad. The lack of songs seemed strange to me because Ive only previously been used to seeing musicals performed but the cast conveyed the emotions adequately anyway. The costumes in the play were also of a very high quality, even though each character only had one outfit. Nevertheless they showed a lot about the personalities of each role. For example, Bianca wore a pretty yellow dress to show how girly she was, and that she cared about her appearance while Kat wore a rough looking one. Gremios clothes were probably the most affluent, with robes that were trimmed of fur and a lot of gold jewellery, which supported the fact that he was the richest of Biancas suitors, Gremio retired to his moneybags Things like this showed aspects of their personalities. I could tell that clothes were important in those times because they showed who a person was. A case that shows this is when Lucentio swaps clothes with his servant. , so that anyone who saw them would know instantly which one was the master. Ive seen things like this in other performances, for example Les Miserables and often other pre 1900 plays.

Saturday, September 21, 2019

Geography of the Middle East

Geography of the Middle East Part 1: The top three issues that contributed significantly to learning in this course Following are the major issues that contributed to my learning because they provide distinctive advantage to the Arab world and help them promote their culture and civilization throughout the world: The first issue is related to the geographical or geo-strategic importance of Middle East studied in the course. This factor is of significant importance because Middle East is located at such a region that provides it with unique benefits. The geography consists of deserts, mountain ranges and rivers and within these, there are various cultural aspects. So, it can be said that the Middle Eastern geography is a blend of benefits that tend to increase the importance of this region in the world. Different types of crops and trees are located in the region. Dates are not found in such a large variety and number in any other area as in the Middle East. Similarly, there are three major mountain ranges and water regions. The geography contributes significantly to the learning because it is such a factor of civilization on which all other things depend. For instance: the political, economic and social systems of any region are directly related to it. Due to this reason, Middle East also forms the center of various geo-political activities. The water resources of this country are immense which have provided a reason for its huge importance. The water from River Nile had remained the center of attention of various countries and it also led to many conflicts. The management of this river has worldwide implications and the same is true for other water resources. So, basically, the reason why this factor has been chosen is that the geography is directly related to economic issues such as trade (imports and exports), political issues such as balance of power and so on. Moreover, another factor that provided excessive learning in the domain of civilization is the significance of oil and energy in the region and the reason as to how it is related to other issues. One can say that all the geo-politics of this region revolved around the distribution of oil. Due to this factor, this region always remained the focus of attention of great powers such as France, Britain and USA. OPEC which forms the basic unit of collaboration among the oil exporting countries contains the Middle Eastern countries. This issue is of significance because the entire petroleum industry of the world revolves around these countries because of existence of so many excessive resources. The non- OPEC countries collectively produce 277 billion barrels of oil whereas the OPEC countries produce 1200 billion barrels. This shows the sharp contrast and this is the reason why this region is powerful and strong as well as quite important in the eyes of the world. The reason why the energy and oil issues have contributed to the learning is that they occupy immense importance. History is witness that the power of this region is directly related to the existence of oil. In the past, production, consumption and exports had been quite balanced and this is expected to increase by 2035. This shows that proper management of supply and demand of oil and gas reserves as well as the balance of exports and imports can prove to be an excessive advantage for the region in the long run. This shows that civilization is not just an isolated phenomenon rather it is a complex mixture which includes the geopolitical factors and all of these factors work together to improve their importance of any region. So, they must be properly utilized in order to make sure that these real assets of the Arabian civilization do not go wasted. The third issue that is of extreme importance and has contributed greatly is the cultural and religious aspect of the Arabian civilization. The reason why this issue is selected is that while geo-politics, economics and reserves are related to some wider problems, this is an internal issue and provides a distinctive advantage to the Middle Eastern countries over the rest of the world. This is so because the Arabian identity is associated with it. Culture and religion form the real essence of the civilization and all these factors work together to create better value for the people and as a result; they feel more strong bonding and association with their identity. The course materials explain the distinctive features of religion and culture for instance: Quran is the basic text that is the sole source of guidance for the Arabs. Their language is different which sets them apart from other nations of the world. Their attitudes and belief towards humanity, culture, non-Muslims and univer sality are such that they provide a superior advantage. The major learning associated with this issue is that the cultural aspects of Arab world must be polished and shaped, they must be promoted among the local populace in such a way that they form the real backbone of the Middle Eastern nations because this culture, ethnicity, language and religion is the motivating force that has the ability to lead us to great heights and act as a driver towards worldwide growth, progress and prosperity. Part 2: The top two examples that strongly stimulated your critical thinking about the region’s opportunities and problems The first example that forms a core strength or opportunity for the region is its oil and gas reserves. This is a great opportunity because it provides financial power to the region. Moreover, having such a huge amount of oil and gas reserves has made it one of the prominent regions in the world. It has a positive impact on trade; the exports and imports are increased and huge profits are acquired. However, there are certain problems associated with the opportunity too. The first one being that this God gifted region becomes the focus and center of attention of great powers which then use their different strategies to acquire hold of these reserves. Another example that is directly related to the regions opportunities and problems is the religion of Arab world. Islam is the strongest force which provides distinctive advantage and superiority to the Arabs over various other nations of the world. This is because of the better principles and rules taught by Islam. This religion is a huge opportunity for the Arab Muslim world because it provides the force of cohesion, unity and bonding to the people and thus provides a huge strength. This can be a great benefit in the sense that it can provide a power to the Arab people with which they can compete with rest of the world. Their ways of lives, their customs, their traditions as well as their norms and values are firmly rooted in the religion and thus, religion only is the biggest opportunity enjoyed by people of the Arab world. But at the same time, it can lead to certain problems having a global impact. While on the one hand religion forms a big opportunity by providing cohesion and solidarity among the people but at the same time, it divides the world along two lines i.e. the Muslims and the non-Muslims. This can prove to be a great threat as shown by the examples of various battles. Most of the regions fight either over economic or political issues and somewhere, these issues are also related to religion. The example of Iran war and the Israel-Palestine conflicts are good examples of this factor because directly or directly, they revolve around the issue of religion. Another factor that is closely related to religion is the concept of power and authority and it can also be a big problem and hindrance in maintaining smooth functioning of the society. Part 3: The single top finding that clearly influenced the worldview and vision about how to promote mutual understanding between the American people and the peoples of the Middle East. Based upon the subjects studied in the course, one single finding that can act as a stimulator to promote better understanding between the Middle East and the American people is the force of religion. This is so because all the other issues such as economics and geopolitics, the oil and energy reserves etc. are so complex that they become the center of political tensions. So, it is hard to adopt a middle approach in these cases and to promote better understanding among the two nations. So, the only factor that can prove to be beneficial in this case is the religion because it provides a clear cut explanation of all the issues that form the basis of misunderstanding between the Eastern and the Western world. Another reason to select this finding is that it is always difficult to convince people in the domain of economics or politics but it is relatively easier to convince them in the domain of religion because religion includes within itself emotional attachments and bonding of people to some higher forces. It is based upon certain concepts that form the base of all human activities. So, misunderstanding can be resolved by changing the wrong conceptions of people as well as their misperceptions about the Muslims as terrorists. This can be done by explaining to them the clear interpretation of Quranic texts which show that Islam is a liberal religion which allows us to follow utmost standards of humanity in all domains of life. Islam does not promote terrorism or unnecessary harsh behavior with any nation of the world. It asks human beings to believe in the higher authority of Almighty Allah as well as the belief that He is the only one and he has no son or father. So, the right explanati on of religious texts in the Arabic literature to the Western world can be a source of motivation and can help in removing the misconception that Muslims are fundamentalists, terrorists and religious fanatics. Although there are economic and political factors associated with every problem but I believe that the major source or reason of misunderstanding between the Western and Eastern world is the religious factor which created deep differences. These differences can be resolved only through better understanding and communication whereby the Muslims are able to portray their true image to the Americans and the Americans in turn are ready to accept this image as the real one and change their stigmatized labels about terrorism that are wrongly associated with the Muslim world. Resolution of such process take lots of time yet nothing is impossible. If proper efforts are given to this issue from both sides, it can help in better understanding of each other’s position in the world in terms of religion, culture, economic as well as politics and hence; this can be a real positive step towards the promotion of mutual understanding between the Eastern and the Western world. Conclusion Therefore, it can be concluded that while the Arab world is one of the strongest regions of the world because of its economic power, the oil and gas reserves, the huge development as well as the force of Islamic religion. Despite of various political battles and conflicts and religious issues in the region, most of the countries have still managed to thrive and prove themselves as strong nations as compared to the rest of the world. In order to remove various misunderstandings between the Arab and the Western world, a religious approach can be the best tool but at the same time, this religious approach needs to be assimilated with all other relevant factors in order to ensure progress and development in the long run.