Death theme In the play “Hamlet” by Shakespeare Essay

Death has always been the most debated subject regarding humans belief. It is part of life, yet a mystery nobody has experienced to tell. It is said to drive people’s actions, however Death is still a mystery as the whole human race still wonders how it acts on people’s lives and what is next after Death. In the play Hamlet, Shakespeare uses the theme of Death to drive the characters actions, and portrays the tragedy through their dialogues and significant symbols to create a tragic atmosphere. The first sign of Death is the appearance of King Hamlets ghost. The play is set only two months after his death, which is the lead for the events following in the play. He appeared at the platform before Elsinore castle as Horatio pictures, with that fair and warlike form (Shakespeare I.i.55-56 p1326). Even the apparel suggests a killing attitude. The Ghost, the symbol of Death, reveals the truth of him being murdered by his own brother to his son, Hamlet, and asks for revenge. Because of King Hamlets death, Claudius gets the throne and Gertrude betrays her late husband and remarries with Claudius. The murder and the betrayal, therefore, become the main grounds for Hamlets actions. The young Hamlet is given a valid reason to be mad and willing to accept the role of spreading death. The Ghost is the seed for killing, revenge, and death later on in the play (Boyce, Ghost). Another foreshadowing of Death in Act I is the line of Marcellus: Something is rotten in the state of Denmark (I.iv.99 p1342). The feeling this guard gets is from the scene of the ghost, along with the dreadful death of King Hamlet not long ago. It also foretells the outcome of the story. Death is presented mainly through characters dialogue. When Hamlet does not know yet the true reason of his fathers death, he thought about committing suicide. Deeply depressed about his mothers too early remarriage, Hamlet considers the opportunity to escape the â€Å"whips and scorns of time.† Here he thinks of Death as an escape; however, he has great fear of it. He explains his inability to end his life by questioning the moral of his actions:Whether tis nobler in the mind to sufferThe slings and arrows of outrageous fortune,Or to take arms against a sea of troublesAnd, by opposing, end them. To die, to sleep -No more – and by a sleep to say we endThe heartache and the thousand natural shocksThat flesh is heir to†¦Ã‚  (III. i.l 65-71) He views suicide as a chance to escape his own depression, but he realizes that for in that sleep of death what dreams may come. The dreams of the sleep of death mean there may be a worse situation after the suicide. The Prince wonders how people bear to grunt and sweat under a weary life, as he discovers, it is because of their fear of Death:But that the dread of something after death,The undiscovered country from whose bournNo traveler returns, puzzles the willAnd makes us rather bear those ills we haveThan fly to others that we know not of†¦Ã¢â‚¬  (III. i.86-90)His statement describes the explanation of humans fear for death. It is an unknown mystery of the afterlife that prevents hamlet himself from committing suicide. Despite the fear of Death, his fathers demand for vengeance gradually changes hamlet into the weapon of Death. The massacre begins when Hamlet confirms Claudius is the real slayer of his father. Hamlet stabbed Polonius as he thought that was Claudius in the Queens room. For many reasons the death of Polonius is the most important death. Because Hamlet kills Polonius, he has blood in his hand and thus will be revenged. Therefore it is no surprise that Laertes, Polonius son, will soon kill Hamlet as they meet. Poloniuss death also offers Claudius an opportunity to get rid of Hamlet. Since Hamlet now knows the truth of Old Hamlets death, as long as he is nearby, Claudius is no longer safe. Claudius smartly uses this occasion to mask himself as a loving stepfather, and also to stage the death for Hamlet. Furthermore, Poloniuss death makes room for another death, Ophelias. Her death, in addition to Poloniuss death, makes heavier cause to Hamlets doom. When Polonius is alive, Ophelia is absolutely obedient and dependent on him â€Å"Ill teach you: think yourself a baby† (I.iii.110 p1338). It is possible to say that Hamlet indirectly kills Ophelia through slaying Polonius. With her suicide, Laertes her brother is given even more reason to kill Hamlet. In the chain of Death, the following one is Laertess. He is driven to face his fate by Claudiuss manipulation and Hamlets carelessness. Hearing the news of Poloniuss death and his sisters going mad leading to her suicide; he goes mad and thirsts for Hamlets blood. However, just how Hamlet avenges his fathers death with the price of his life, Laertes too will avenge his family in exchange with his youth in the grave. Death itself is also presented through Hamlet the protagonist character. Although at first he fears Death, slowly he becomes the sword of Death; and then he becomes a represent of Death after killing Polonius and then in the graveyard scene in Act IV (Boyce, Hamlet 1). Hamlet fully realizes that everyone’s fate is death, regardless of status or wealth. He also realizes that no matter what a person does in life, in death, that person is merely nothing Your worm is your only emperor for diet: we fat all creatures else to fat us, and we fat ourselves for maggots: your fat king and your lean beggar is but variable service, —two dishes, but to one table: thats the end (IV.iii.22-26 p1390). Or again in the graveyard, as he picks up the skull of Yorick his childhood friend, the dear yester: ; as thus: Alexander died, Alexander was/ Buried, Alexander returneth into dust; the dust is earth; of earth we/ make loam (V.i.168-169 p1410). Death transforms the human nature in Hamlet. Upon conversing with his dead father, Hamlet’s mind becomes occupied with the death-provoking demands of revenge from the Ghost. From a young man fearing for Death and still longing to live his youthful life, Hamlet becomes a murderer, accepting Death as inevitable and letting it control his life. Hamlet fascination with death grows and he no longer considers his actions, wanting only to complete his vengeance, and pays no heed to what other circumstances his actions may bring. Although he weeps bitterly when he hears of Ophelias death, he surrenders to the idea that death is only a part of life (Boyce, Hamlet 2). His journey to complete his revenge is meant to be a process of learning how to die (Quinn). Finally, as Claudius and Hamlet both fall, Denmarks throne is left without a heir. Death sweeping through Denmarks royal family, leaving the nation itself dead, as it falls into the hand of Fortinbras, a Norway prince. Hamlet is the drama of Death, of Revenge, of tragic conflicts between human beings. Our lives are driven by other forces, as Elizabethan works suggest, by Ghost and Death as symbol for supernatural forces on Earth. In Hamlet, Shakespeare discussed this through the death of Denmark royal family, and of the country itself after the revenge of the young prince for his father. Works Cited Boyce, Charles. â€Å"Ghost.† Critical Companion to William Shakespeare: A Literary Reference toHis Life and Work, Critical Companion. New York: Facts On File, Inc., 2005. Facts On File, Inc. Bloom’s Literary Reference Online. Facts On File, Inc. http://www.fofweb.com/activelink2.asp?ItemID=WE54&SID=1&iPin=ffazshak0819&SingleRecord=True (accessed June 24, 2009). Boyce, Charles. â€Å"Hamlet.† Critical Companion to William Shakespeare: A Literary Reference to His Life and Work, Critical Companion. New York: Facts On File, Inc., 2005. Facts On http://www.fofweb.com/activelink2.asp?ItemID=WE54&SID=1&iPin=ffazshak0910&/SingleRecord=True (accessed June 29, 2009). Boyce, Charles. â€Å"Hamlet.† Critical Companion to William Shakespeare: A Literary Reference to His Life and Work, Critical Companion. New York: Facts On File, Inc., 2005. Facts On http://www.fofweb.com/activelink2.asp?ItemID=WE54&SID=1&iPin=ffazshak0910&/SingleRecord=True (accessed June 29, 2009). Quinn, Edward. â€Å"death theme in literature.† A Dictionary of Literary and Thematic Terms,Second Edition. New York: Facts On File, Inc., 2006. Bloom’s Literary Reference Online. Facts On File, Inc. http://www.fofweb.com/activelink2.asp?ItemID=WE54&SID=1&iPin=Gfflithem0196&SingleRecord=True (accessed June 29, 2009). Shakespeare, William. Hamlet. Rpt. in Compact LiteratureReading Reacting Writing. By Kirszner and Mandell. 6th ed. Boston, MA: 2007.

Studying in united kingdom

Executive SummaryAnalyzing in United Kingdom is relatively more outstanding than any other states it provides a alone survey methodological analysis which enhances coincident development of an person with ample of chances in itself and internationally. This paper focuses on overall scenario of the environment of surveies and other issues such as scholarships, wellness safety, insurance, substructure and guidance. This paper elaborates the reason of the overall scenario and the argues through political, environment, societal and engineering ( PEST ) analysis, follows suggestions and recommendations.Footings of MentionToday, Education is non a mere making. It brings with it an chance to step outside the boundaries of the four walls of a schoolroom. George Savile, Marquis of Halifax justly opined, â€Å" Education is what remains when we have forgotten all that we have been taught. † Education as per my sentiment should be such that brings new people of different civilizations. It provides one an option to develop amidst assorted civilizations, ideas, perceptual experiences and experiences. I work in my company as a manager, my company is an instruction consultancy, As the manager of my consultancy AEC – Abroad Education Advisers, it is my wish that our squad accomplish a common aim with our assorted university spouses in doing a undertaking that depicts a genuinely unfastened and wide-ranging industry of thoughts, penetrations and position about the various kingdom of instruction overseas for pupils. Our consultancy ‘s chief end and aim is to acquire closer to the pupils in India, the chances of assorted demanding classs and survey plans which are being offered in the prime instruction Institutes foreign. It is our top precedence and responsibility that our pupils do non merely acquire what they desire but besides we try presenting the best option for their calling. We provide reding service to those of our pupils who look for a professional counsel for their hereafter and we guide the pupils as per their involvement in a peculiar sector or industry, We provide full aid and work in coordination with our all pupils ‘ ability, comfort and their future aspirations every bit good as whenever we choose a university for our pupils we have our chief purpose that our pupils are good satisfied with their instruction and have a better platform for get downing of their callings. Even to the universities to whom we send our pupils, we have a full religion in the universities abilities to do our pupils radiance and emerge as fore-runners at that place. It is therefore our chief aim to supply first-class services in order to convey contentment to everybody we work with. Our organisation has completed 9 old ages of excellence in our field and during the term of office we have developed our trade name image for the quality of service that we provide and have developed religion among our clients household and nearby for the abroad instruction services. AEC Education Consultants is one of the fastest lifting globally educational advisers dedicated to supplying the Indian pupils with all indispensable information refering to the acquisition chances in UK. As from the recent old ages UK has been a topographic point where there is a perfect blend of assorted traditions, civilization, international exposure every bit good as planetary competition which makes a pupil non merely makes his instruction complete in a perfect environment but besides enhances a pupil ‘s character which helps them in their long tally calling as good, pupils after holding a twelvemonth or more than in the state are good versed with international environment but besides due to such mixture of assorted international pupils, they even inherit the manner to believe otherwise and introduce some new thoughts in their respective filed. We are authorised Partner of the British High Commission advancing instruction in the U.K. We have our several subdivisions in In dia and are supplying the best guidance and aid to steer to take and prosecute a pupil ‘s dream calling. We at AEC assist our pupils with scholarships and loan every bit good. We help them in obtaining an instruction loan from nationalized Bankss.Our comprehensive services include:Career Counselling– We help our pupils to happen and take a peculiar class which will accommodate their involvement and background. Comprehensive information on the International instruction system and life style.University Selection– In this measure we help our pupils to take the best suitable University for their class. After procedure application for all the Universities in U.K, and so we can propose you which one is suited in your field.Application Producer-The following measure is to concern the selected universities. We guide our pupils in make fulling the Universities signifier ; aid in readying of Recommendation missive, Statement of intent. We send our recommendation missive wi th your university application signifier to the University emphasizes the strengths of the pupil and why she/he should be license. The admittance decision maker considers this missive in their judgement devising. We keep maintain the touch with the universities to guaranting the pupil a fleet response.Fiscal Support– We besides offer our aid in apply for bank loan and other scholarships.Visa Assistance-We help our pupils in using visa and other legal process. We prepare their visa file. We can assist our pupils in set uping all needed papers for visa application. We besides verify all the documents in our file and submit it harmonizing to the high commission/embassy demands.Accommodation & A ; Airport Pick Up– We besides manage and book the adjustment in the abroad state. We will besides form the airdrome pick up service for our pupils. Our pupil ‘s safety is our first responsibility.Travel Agreements-We will besides help our pupils in travel agreement, foreign c urrency, all type insurance policy, opening a bank history in abroad state, cellular phone services in abroad state and other services every bit good.From the recent old ages, as UK has become progressively a topographic point where instruction is one of the best throughout the universe. Our clients are pupil who are interested in survey in aboard.UK universities and colleges holding 1000 classs at assorted degrees of instruction. Most of the pupil who late completed intermediate class and graduation grade prefer to travel on board for their farther surveies. The Student these yearss prefer UK grade because it take merely three old ages and postgraduate maestro ‘s class merely one twelvemonth compared with four twelvemonth in most other states.Assorted TYPE OF QUALIFICATIONS IN UNITED KINGDOM:Assorted makings offered by UK Universities and CollegesFirst Degree ( Bachelors Degree ) .Sandwich Courses: Where the assignments is accompanied by the practical work.HND ( Higher National Diploma )Vocational Courses.Postgraduate.Research ( Doctorate. )There are many inquiries work stoppage in pupil head sing aboard surveies. The most of information required by our client is related to instruction sector. There is following of inquiryWhy survey in UK?The UK is fleet emerging as one of most demanded survey topographic point for pupil in this universe.Which university should i choose in abroad?It depends on survey ba ckground and the fiscal position besides should act upon your pick of the university or college.AEC squad will be assisting you with choosing best class and university for you.How long does the admittance procedure take?Actually, it depends on the university to university and college to college. But most of the instances it takes 5 to 8 hebdomads barely.Is there any entryway test?There is no entryway trial for any class as such. However ; you need to hit in IELTS or TOEFL with minimal set is 6.5.How much does it be to analyze in aboard?It depends on the universities, college and state. If student pursue a Master class in UK University it cost around & A ; lb ; 6000 to & A ; lb ; 9000 lbs.What is sort of inn service is available?They are assorted option are available foremost, the universities provide on campus adjustment. In university adjustment consist of individual and dual room and you can hold self catered installation where you need to fix your ain nutrient. But most of clip p upil hire flats or house outside which is inexpensive and best for them.Can I pay my tuition fee by episodes?Yes you pay your tuition fee in instalment base and few universities besides offer pupils to give immense price reduction on if they pay whole tuition fee in.What is the handiness of work in the UK?Every pupil is permit to work 20 hours per hebdomad.Overview of the state of affairsThere are unexpected job will be arise with our client and us. In instance when we send the all papers of pupil to the universities for the enrollment but it will be refuse by the universities due the incompletion or incorrect certification. The UK universities want know the fiscal position of pupil for the life purpose many of the pupil face this job to agreement of hard currency on their history it ‘s a really large issue for us and our client. There is an English test, TOFEL and IELTS which behavior for the pupil who want take admittance in UK there minimal set mark is 6.5 but unluckily pup il achieved that mark, so it ‘s really bad for both us. Most of the pupils are non cognizant of foreign state about their living criterion, civilization, usage and transit, so it ‘s possible for pupil they faced trouble over at that place. Some pupil faced job with due to proficient issue like Swift transportation ( Online money transportation ) the fee is transfer at that clip to the university, so this procedure the slow down the other activity like apply for the visa, it ‘s non possible for pupils to use for the visa without acquiring unconditioned missive from the universities. If the non fall in his categories from twenty-four hours first it really hard for screen up the old talk. The first clip when we met our client we put a applier signifier which consist of many thing related to his/her past and go outing instruction background if they non make full the signifier right so its large job for us in farther manufacturer due to the invalid information we ca n't make the right thing.PEST Analysis:The PEST Analysis is stand for â€Å" Political, Economic, Social, and Technological analysis. † Sellers find many chances by placing tendencies ( way or sequences of events that have some impulse and lastingness ) and megatrends ( major societal, economic, political, and technological alterations that have long permanent influence ) . Within the fleetly altering cosmopolitan images, sellers must analyze six environmental forces, demographic, economical, social-culture, natural, technological, political -legal. In demographic environment sellers must be cognizant of population feature ; the age mix of population and literacy and instruction phases. In the Economic field, sellers need to see on income allocation and degree of nest eggs, debt and recognition handiness. In societal cultural pitch sellers must be cognizant of influence of faith, linguistic communications and imposts that shape the values and attitudes of consumer penchant, wonts and behavior. Whereas in accepted atmosphere sellers require being sensitive of populace ‘s interested concerns sing the state of affairs. Many sellers are at present bridal sustains ability and Green Marketing Programme that offer enhanced ecological consequences. In technological sphere seller should take history of accelerate velocity of technological alteration, chance for betterment ; verify R and D budgets, and the improved governmental parametric quantity brought approximately by technological alteration. In the political authorized atmosphere, sellers must work within the many Torahs modulating large concern patterns and within assorted particular involvements group. Before bring forthing a good plague analysis it is of primary importance to foremost encephalon storm the relevant factors that applies to the administration or to its concern environment. Second demand is to place the information that applies to these factors. And thirdly to pull decision from their information it is nevertheless necessary non merely to depict factors, but to believe through what they mean and how do they impact the concern. PEST analysis is merely to a strategic starting point and has its ain restrictions stressing the demand to prove the decision and happening against the world. POLITICAL: – It includes legal and regulative actions employment jurisprudence, consumer protection, and environmental protection, inter state relationship attitudes, like political tendencies, governmental leading, revenue enhancements and governmental construction. Business Legislation: Harmonizing to the World Bank any company can set up in 13 yearss compared to the others states. Tax SYSTEM: – The top corporate rate is 20 eight per centum that accounts smallest in the G7 and less than of the U.K. ‘s pillar rivals. There is fall down in corporate revenue enhancement over 50 % in earlier 1980 ‘s, it reflecting down autumn in industry sector. The highest per centum of personal revenue enhancement goes up to 40 % which is lowest in the Europe. EMPLOYMENT LAWS: Harmonizing to the World Bank the Denmark is in the first place and the UK is come to the 2nd best place. GOVERNMENT POLICIES: – The UK is least corrupt state by transparence international. It has better ranking in comparison to France, U.S.A, Germany and Japan. The figure one metropolis for concern from 19 old ages still keeping the place and commanding in 2008 by the European proctors and they find London is one of the biggest economic of import sector in the universe. ECONIMICAL ENVIRONMENT: – The family properties to the in-between income and above classs constitute the majority of devouring category, has been progressively steadily over the old ages. The urban consumers have to incur has a great cost of populating while the rural population has higher disposable income. It includes following points: – Productiveness: – Swiftly lifting historically the U.K. have lesser production than its core rival but this is changing and the U.K. has congested the infinite with several states and conquer others. Economy RATE / DEBT: -United Kingdom successful achieved the end in 2008 to unify the 501 new investings and besides expand the bing investing, which is highest than Europe. TRANSPORT LINKS: – The U.K. offer Earth category transportation links, HEATHRO ‘ s new terminal 5 is now unfastened publically and working efficaciously, farther growing is designed for international airdrome at STANSTED and London metropolis. For sea containers terminal at Felixstowe and London Gateway and for train system with venture in London. Cross train and train cargo route and rail web has improved. CREDIT AVAILABILITY: – More foreign companies set up their European central office set up at that place in the U.K. than someplace. OLYMPIC OPPERTUNITIES: – The Olympic Games in 2012 is held in London. The procuring phase is started in 2007, contracts are offered for large company of all sizes and the full estimated fiscal program will run in industry. SOCIAL CULTURAL ENVIRONMENT: – It comprise of assorted elements which are as follows: – SOCIAL MOBILITY: – The U.K. has mostly broad scope of broadband sharein comparison to the G7 states and set up a strongest I.C.T. substructure in the globally. Consumerism: -In London the top degree fiscal service Centre are present and which is top in Europe besides. Degree OF EDUCATION: – In the latest research by TIMES Higher Education in UK show the UK have Six top degree universities in Europe. U.K. research produce 16 research documents per U.S. one million dollar of research budget ( compared with 9.2 documents in the U.S. and 3.6 in Japan ) . LIFE STYLE CHANGE: – In U.K the populating criterion of people is high they are good educate and diversion because authorities introduce good policy for UK citizen ‘s. They have pay low personal revenue enhancement, authorities is besides provide fund fittingness and its free to all.UK hold a rich cultural heritage and wealth of leisure installations. POWER DISTRIBUTION INDEX: – Distribution of power is really complicated in some topographic points. Racial favoritism is more and some societies are unequal to some extent. Individuality: – Basically GEERT HOFSTEDE has mentioned cultural dimensions in which individuality is fundamentally self dependant and Bolshevism means populating with uncle, aunt, natives etc. TECNOLOGY: – In engineering the is maintain the 2nd place after U.S.A.In UK there are many immense industry and many advanced company set up his works. There are following points: – PACE OF CHANGE: – As new inventions are at that place in engineering which is really quickly adopted by the metropolis which helps them to make work more efficaciously. Internet: -For pupils it is indispensable to hold a cognition about cyberspace specially individuals who have migrated from one state to another because everything is computerised in this planetary epoch. VERIFYING R and D BUDGET: – With the usage of new M.I.S. system it has changed the face of working form. Everything is calculated and E.R.P. besides helps in happening new ways to research better chances and happen possible clients for their administration. INCREASED REGULATION OF CHANGE: – As new engineering comes which helps to make concern in different mode like C.R.M. package etc. ENVIROMENTAL TECHNOLOGY: -The United Kingdom has one of the most sparkling and globally esteemed renewable energy and environment engineering country in the universe. The UK authorities targeted to cut down the degree of CO2 emanation by 60 % by 2050 offer a healthy support for continued trade in the UK. Nanotechnology: -The UK has celebrated and good repudiated in universe for his nanotechnology, there 1500 research scientists which are concentrating on the development of nanotechnology. Recently UK authorities invest & A ; lb ; 90 million lb for six twelvemonth plan to R & A ; D section of nanotechnology.Overview of UKHarmonizing to my point of position quality of UK which should necessitate to believe when pupil make up one's minding to analyze work or unrecorded:Culture-Every civilization is good and bad portion in position every different individual and there is different type of exclusions to theses stereotype.Diversity-There is wide scope of mix civilizations in United Kingdom. The most of the foreign communities in London.Tolerance-British populace are by and large broad to aliens, and esteem the autonomy to hold different sentiment and attitude.Freedom-The citizen of UK are really free minded and they can show their feeling and idea to the aliens and regard freedom of life.H umour-They have great sense of temper, it ‘s really hard.Creativity-In UK single thoughts are encouraged. British citizen are often non as comfy with working as bunch.Modesty-British citizen are rather retiring.Language-The United Kingdom is the topographic point where the English linguistic communication born. In UK the many people are utilizing English as their first linguistic communication and other state except the US ( If you see the most English talkers in all these state such as- , UK: 60 million, Ireland/New Zealand/South Africa: 3 million ) , US: 230 million, Australia: 15 million, Canada: 20 million, .The British accent really celebrated in universe and people like it and it ‘s easy to understand.Travel-In traveling in UK is easy, you can in railroad station any many mall the aid Centre is available. There are many flights from the London across all over the universe. There are assorted conveyance but they are non efficient. But can holding no job with them.UK is a rather little state, so it ‘s non hard take a long trip to beach or passing holiday to assorted topographic point in UK.Among several states in which are close to UK of Europe continental. If student come in aboard and making survey otherwise work in the UK, they have opportunity see and understand the assorted civilizations of Portugal, Spain, Germany, Scandinavia Belgium, France.Healthiness. Most of the pupil comes for survey in UK if their class is more than 6 month. They get the benefit of free wellness intervention if you cause by any disease. Just demand to register with NHS that all.Work-International national pupil are allow to work half-time because they have limitation of 20 hr in a hebdomad. In UK the cost of life ( ex-food and adjustment ) is high,Solutions and recommendationsAn instruction in India is more theoretical base instead than practical base. Hence clients should see this option.Surveies in abroad are application base instead than theory base. Appli cation base surveies includes apply the theoretical linguistic communication in to instance surveies, assignments based on recent planetary tendencies.International exposure enables a pupil to hold knowledge about different tradition and civilization and lets a pupil know about different types of people around the universe this enhances their communicating accomplishments and do their manner of believing a small flexible.Bing a Doctorate, Masters or a alumnus from Uk universities is more valuable and acceptable throughout the universe. This means there are ample of chances for a pupil who has passed from UK.After surveies from United Kingdom a pupil non merely gets a grade which is internationally accepted but besides a pupil attains personality training, a good communicating accomplishments, and extremely analytical abilities.There are a batch of scholarships for pupils who are meriting, these scholarships can change from a & A ; lb ; 1,500- & A ; lb ; 2,500 and even some universit ies give inn adjustment for full 1 twelvemonth or even throughout the continuance of class.Prognosiss and resultsThe economic system is coming out of recession and UK is a fast growth state which will potentially advance the chances of concern and services.Graduating or get the hanging from UK enhances international exposure which aid in acquiring the coveted appellations.After analysing PEST analysis we can state future chances are really broad in U.K because in all the field conditions instruction, concern it has its name, celebrity and huge chances to work on like we studied it takes 13 yearss if you want to put a little concern here.Reference Section and Bibliographyhypertext transfer protocol: //www.aasco.com.pk/australia.phphypertext transfer protocol: //www.aecoverseas.comhypertext transfer protocol: //www.intstudy.comhypertext transfer protocol: //www.geert-hofstede.com/hypertext transfer protocol: //www.guardian.co.ukhypertext transfer protocol: //www.flightglobal.com

Public Vs Private Special Education Education Essay

Public schools are under onslaught and have been for some clip. This tendency is increasing and the popularity of private schools is turning. How does this social tendency relate to the instruction of kids with particular demands? The Education for all Handicapped Children Act ( EAHCA ) was originally passed in by Congress in 1975 and signed into jurisprudence by President Gerald Ford. This act stipulated that kids with disablements would hold the right to a free and appropriate instruction. Since its original transition, the jurisprudence has been amended four times and is referred to today as the Individuals with Disabilities Education Act ( IDEA ) ( Conroy, Yell, Katsiyannis and Collins, 2010, p. 1 ) . This paper will analyze how the jurisprudence was originally founded and how it has evolved over the old ages. The difference between how services are delivered to pupils with particular demands in public and private schools will be explored and who pays for such services will be re searched. Finally, this paper will seek to reply the inquiry: Which is better – private or public – for pupils with particular demands? The Law Prior to EAHCA, besides known as Public Law 94-142, kids with particular demands were by and large excluded from public instruction. With this landmark statute law, public schools were required to offer equal entree to instruction and one free repast per twenty-four hours to pupils with particular demands in order to have federal support. The basic premiss of this jurisprudence was that provinces must develop and implement policies that afford kids with particular demands a free and appropriate instruction. The four specific intents of PL 94-142 were to supply a free and appropriate instruction to pupils with particular demands, protect the rights of kids and their parents, to help provinces and vicinities with the proviso of instruction and to measure the effectivity of all of the aforesaid attempts. Inherent in EAHCA was parental engagement in the development of their kid ‘s particular instruction plan. The jurisprudence provided chances for parents to convey civil cases to f ederal territory tribunal ( Conroy, Yell, Katsiyannis and Collinsw, 2010, p. 1 ) . Since the origin of EAHCA in 1975 the US Supreme Court has heard 11 instances related to the jurisprudence ( Conroy, et. Al, 2010, p. 3 ) . The jurisprudence was foremost revised eleven old ages after its origin and was named the Handicapped Children Protection Act of 1986 ( Conroy, et Al, 2010, p. 2 ) . The basic alteration to the jurisprudence in this alteration was that provinces had to supply services to kids with particular demands get downing at birth instead than age three. The 1990 amendment changed the name to the Persons with Disabilities Education Act ( IDEA ) ( Conroy, et Al, 2010, p. 2 ) . IDEA was amended in 1997 and included transitional services from school to adult life ( Conroy, et Al, 2010, p. 2 ) . The 4th alteration of the initial 1975 jurisprudence occurred in 2004 with the Persons with Disabilities Improvement Act, which in kernel aligned the jurisprudence with No Child Left Behind. The 2004 alteration added the demand for extremely qualified instructors, ends for pupils with particular demands and measuring pupil degrees. IDEA defines the services and instruction that meet the criterions for what constitutes a free and appropriate instruction. A basic premiss of IDEA is the constitution of an Individualized Education Program ( IEP ) ( Bradley, 2006, p. 405 ) . IDEA governs particular instruction plans on a federal degree. IDEA has four cardinal constituents: States must guarantee a free and appropriate instruction to pupils with disablements in either public or private school ; an IEP must be developed for each kid with parental audience ; pupils must be educated in the least restrictive environment ; and parents can bespeak due procedure hearings with an independent officer when they object to the educational commissariats for their kid, whose determinations can be appealed to province instruction bureaus and so to province and federal territory tribunals ( Buck, 2012, p. 653 ) . Although EAHCA required that school territories provide instruction and services to kids with particular demands in private schools, it was non clear if kids in private schools would hold equal entree to services as their opposite numbers in public schools ( Drang and McLaughlin, 2008, p. 3 ) . Originally the legal power over the private school fell on the LEA where the kid lived. The legal power has since changed to the location of the private school. Harmonizing to IDEA, the local instruction bureau ( LEA ) must supply Child Find services to kids in private schools ( Drang and McLaughlin, 2008, p. 4 ) . In Child Find, the LEA must turn up, place and measure pupils with particular demands. Following Child Find, LEAs are required to apportion a proportionate sum of their federal financess to kids with particular demands in private schools ( Drang and McLaughlin, 2008, p. 4 ) . LEAs must besides confer with with private school functionaries and parents. Following Child Find activities, allotment of relative federal financess and aforesaid audience, the LEA decides which services to supply. Harmonizing to Drang and McLaughlin, â€Å" Children enrolled in private school may have a different type and/or sum of service than their public school opposite numbers with similar disablements and educational demands. † ( Drang and McLaughlin, 2008, p. 5 ) In fact, federal tribunal instances have determined that LEAs can non necessitate pupils with particular demands to go to public schools in order to have services but LEAs are non required to offer services at private schools ( Drang and McLaughlin, 2008, p. 9 ) . The 2004 amendment provinces that kids with particular demands in private schools are eligible for services but the jurisprudence looks at them as a group, non as single pupils. Therefore, â€Å" no kid has an single right to a specific service. † ( Drang and McLaughlin, 2008, p. 9 ) The 2004 amendment included appropriations through 2011. Therefore, Congress is presently placing issues for the following reauthorization of IDEA ( Jones and Toland, 2009, p. 1 ) . Some issues that will be examined include the sum of educational advancement required to run into FAPE criterions and what educational benefits are required to be written on an IEP? Congress will besides be looking at if IDEA permits the usage of restraints and privacy and what rights does a non-custodian parent hold? Many of the issues Congress will be debating root from judicial determinations sing IDEA. Payment for Particular Education IDEA requires LEAs to utilize a proportionate sum of their federal financess on private schools but they are non required to utilize any of their province or local dollars ( Drang and McLaughlin, 2008, p. 9 ) . Private school arrangement can happen for pupils with disablements either based upon the IEP squad ‘s finding or parents ‘ enterprise ( Buck, 2012, p. 653 ) . In some cases it is non the parents who opt for private instruction but the school territory. If the school territory can non adequately supply services that a pupil requires, the territory may choose arrangement in a private school. Courts can reimburse the cost of private instruction in such instances. This applies specifically to schools that are established to run into the particular demands of pupils with disablements. If the public school can non adequately address specific demands, they should reimburse the tuition paid by parents ( Bradley, 2006, p. 408 ) . If parents enroll a kid in a private school because the public school did non supply a free and appropriate instruction, so the tribunals can mandate that the public school reimburse the costs of the tuition to the parents ( Buck, 2012, p. 654 ) . Current jurisprudence is if a kid with particular demands is placed in a private school by a LEA or SEA ( province educational bureau ) in order to run into the FAPE ( free and appropriate instruction ) the LEA or SEA must pay the full cost. If the kid with particular demands is placed in the private school by the parents, a hearing officer or tribunal must make up one's mind of full tuition or some services are paid for by the public school ( Jones and Toland, 2009, p. 29 ) . Further, if parents placed their kid in a private school because the LEA did non supply IDEA services, the public school must reimburse parents the cost of tuition ( Jones and Toland, 2009, p. 20 ) . Public V. Private Approach As Drang and McLaughlin noted, there is a deficiency of research related to particular instruction services bringing in private schools. Eigenbrood, nevertheless, examined differences in service bringing between sectarian and public schools in a Midwestern province in 2005. A notable determination of the Eigenbrood research was that pupils in sectarian schools are non ever officially diagnosed ( Drang and McLaughlin, 2008, p. 9 ) . Eigenbrood farther noted that private schools study fewer Numberss of kids having formal ratings and IEPs. Eigenbrood concluded that the consequences found might be attributable to private schools and parents being sick informed about Child Find services ( Drang and McLaughlin, 2008, p. 9 ) . Other research workers have supported that LEAs need to describe how they publicize Child Find activities. An of import differentiation between public and private instruction plans for pupils with particular demands relates to teacher makings. No Child Left Behind ( NCLB ) required instructors in Title I schools to be â€Å" extremely qualified † or have a unmarried man ‘s grade or province enfranchisement or licence. Congress supported the â€Å" extremely qualified † teacher demand when reauthorizing IDEA in 2004 ( Hensel, 2010, p. 326 ) . Regulations require staff at private schools meet the same makings as those in public schools with the noteworthy exclusion that they are non required to run into the â€Å" extremely qualified † criterion for particular instruction instructors ( Drang and McLaughlin, 2008, p. 5 ) . Private school staff can be used to supply services but lone outside of their specified occupation responsibilities at the private school. Some research workers note jobs with how particular instruction plans are funded in general. Harmonizing to Jay Green with the University of Arkansas Department of Education Reform, the current system of particular instruction provides fiscal inducements to over identify pupils with particular demands and under serves pupil who are identified. Green studies that schools receive fiscal wagess when they place pupils in particular instruction plans. The Voucher System Green recommends publishing verifiers for the cost of public school to be used at private schools. Green notes that the figure of pupils defined as handicapped has grown from 8.3 % in 1976 to 13.3 % in 2000 ( Green, 2007, p. 705 ) . He elaborates by stating that while the figure of pupils classified as specific larning handicapped has tripled from 1976 to 2000, the figure diagnosed with terrible emotional perturbations, developmental holds, sightlessness, hearing loss, autism and traumatic encephalon hurt have merely increased somewhat during the same clip period. Green suspects that the greater figure of specific larning handicapped pupils is the consequence of labeling instead than an addition in the incidence of the disablement ( Green, 2007, p. 706 ) . He besides notes that the diagnosing of specific larning disablement is subjective and less expensive to handle. However, experts in the particular instruction field do non subscribe to this belief. Berman, Davis, Koufman-Frederick and Urion found in 2001 that the figure of kids with larning disablements has increased due to medical engineering promotions, deinstitutionalization and increasing rates of childhood poorness ( Green 2007, p. 707 ) . Green refutes Berman and his co-workers ‘ claims that there has been an addition in the rate of disablement. Rather, Green suspects that the figure of kids necessitating particular instruction has increased due to the excess support provided to schools when their registration in particular instruction additions. Green studies that schools receive support based upon their registration Numberss, non services they provide. Green supports verifiers issued for the cost of educating pupils with particular demands as a agency to diminish over designation and increase service proviso. Harmonizing to Green, with a verifier system pupils can travel to whatever school provides the best service. But is this truly the instance? Wendy Hensel in her article titled, â€Å" Vouchers for Students with Disabilities: The Future of Education? † in the Journal of Law and Education offers a unquestionably different feeling. In her position verifiers are awarded chiefly to pupils that are mildly impaired. Making so impacts support available to kids with more marked disablements than remain in the public school sector. The verifier system, if allowed to turn, could ensue in kids with disablements in public schools being segregated from their equal, in kernel returning to how services were provided prior to 1975. Hensel argues that verifier systems are promoted by involvement groups that support school pick in general due to dissatisfaction with public schools. Hensel cites that critics of the verifier system claim that verifiers chiefly serve pupils from flush households and that they disproportionally help white pupils ( Hensel, 2010, p. 342 ) . She goes on to state that flush parents demand specialised service s more than deprived households. In a 50-state study conducted by Deborah Verstegen with the University of Nevada, Reno, consequences showed that provinces are modifying their support to back up pupils with particular demands ( Verstagen, 2011, p. 23 ) . All but one province reported that they were supplying extra financess to augment federal support under IDEA for pupils with particular demands. The verifier system is operated by single provinces. Each province is under the duty to supply instruction. State jurisprudence can impact widening public support to private schooling ( Hensel, 2010, p. 310 ) . In 2010 three provinces provided verifiers to pupils with particular demands – Florida, Utah and Georgia. At this same clip, Ohio provided verifiers to pupils with autism. By 2012 three more provinces were added – Arizona, Louisiana and Oklahoma ( Shah, 2012, p. 14 ) . The undermentioned 12 provinces have introduced similar statute law over the past few old ages: Alabama, Arkansas, Colorado, Kansas, Kentucky, Maryland, Missouri, Mississippi, Nevada, Oregon, South Carolina and Texas ( Hensel, 2010, p. 306 ) . There is the concern that if more pupils opt for verifier plans, there will be less money to educate kids with particular demands in public schools where their degree of disablement can be more terrible ( Hensel, 2010, p. 318 ) . The United States Department of Education Office of Civil Rights ( OCR ) has ruled that pupils with particular demands that opt for verifier plans basically waive their rights under IDEA ( Hensel, 2010, p. 316 ) . The OCR recommended that parents who elect to take part in the verifier plan be made cognizant that their kids would non be entitled to FAPE ( free and appropriate instruction ) under IDEA while go toing the private school. Their kids would non be entitled to an IEP and they would lose their right for due procedure. However, protagonists of the verifier system would reason that the bulk of parents do non hold the resources to litigate claims and hence, IDEA offering legal rights for due procedure loses a batch of credibleness. Evidence shows that most pupils accepting verifiers to go to private schools receive no specific scheduling or individualized direction ( Hensel, 2010, p. 323 ) . Furthermore, there are no particular instructor demands under the verifier plan. Private schools under the verifier plan need merely employ instructors with â€Å" particular accomplishments, cognition or expertness † ; no specific instruction, licence or enfranchisement is required ( Hensel, 2010, p. 326 ) . Stuart Buck in his article, â€Å" Particular Education Vouchers are Beneficial: A Response to Hensel † in the October 2012 edition of the Journal of Law and Particular Education contends that teacher quality is non related to instructor certificates ( Buck, 2012, p. 657 ) . Buck farther supports the thought that public school demands have no bearing on the quality of instruction. Buck supports offering verifiers to parents who are dissatisfied with the public schools. The lone other alternate harmonizing to Buck for disgruntled parents is to prosecute in cases against the public school, which they probably would non win ( Buck, 2012, p. 663 ) . Voucher plans vary from province to province. Some provinces require pupils to go to public school for a twelvemonth while others do non ( Shah, 2012, p. 14 ) . Private schools have the option of non accepting pupils they do non desire, whereas public schools do non hold the same option ( Shah, 2012, p. 14 ) . Teachers ‘ brotherhoods have opposed the usage of public revenue enhancement dollars to back up attending at private schools ( Hensel, 2010, p. 298 ) . During the IDEA reauthorization arguments of 2003, the National School Board Association and the National Coalition of Public Education prevailed in their resistance to federal subsidies of verifiers for particular demands. The verifier system was even debated during the 2008 Presidential run. Whereas Sarah Palin advocated for IDEA support to travel to any public or private school selected by the parents, Barack Obama prevailed and proclaimed his resistance to public monies being used to back up private schools ( Hensel, 2010, p. 310 ) . Advocates for spiritual instruction have besides been involved in the verifier motion. Some have argued for illustration that Florida, one of the first provinces to acquire involved with verifiers, was more interested in verifiers for spiritual schools than for particular demands ( Hensel, 2010, p. 297 ) . Religious schools have been seeking engage in the verifier system for pupils with particular demands much faster than non-religious schools ( Hensel, 2010, p. 324 ) . Some parents prefer private schools to public because of smaller category sizes. Public schools would offer smaller category sizes if support was available. Whereas private schools may be able to supply more individualised attending due to smaller category size, what is the quality of the direction? Contemplation and Decision This research led me to inquire my aunt about her experience with her girl with particular demands. My aunt ab initio enrolled her girl in a private school for spiritual intents. The public school holding legal power over the private school identified a generalised acquisition disablement. My aunt later decided to maintain her girl enrolled in the private school feeling that smaller category sizes would supply more individualised direction. A particular instruction coordinator from the public school oversaw the one-year IEP. Otherwise, my cousin did non have any specialised direction. A tutoring lab was present at the private spiritual school that pupils could go to as they so chose but were non required to. None of the instructors had particular instruction certificates or experience. The adjustments my cousin received were text editions and novels on tape and extended time/reduced work burden. For trials, she received 1A? clip to finish and for prep, she was merely required to fini sh half of the assignment as determined by her instructors. My aunt was besides under the feeling that since instructors at the private school were non portion of the instructors ‘ brotherhood, they would be terminated for hapless public presentation. As this was her first kid, my aunt had nil to compare her experience to. Once my cousin graduated and transitioned to college, she was referred to the Ohio Rehabilitation Services Commission and received services through the Bureau of Vocational Rehabilitation ( BVR ) . BVR financed tutoring services, tuition aid, assistive engineering and specialized computing machine plans. My aunt did non cognize how her girl ‘s educational experience K-12 would be different had she been enrolled in public instruction. Public and private schools need to make a better occupation educating parents about their single plans so parents can do a more informed pick. So which system is better for pupils with particular demands – populace or private? The determination is ill-defined. However, sing that public schools are mandated to educate ALL kids and have criterions to run into comparative to serve proviso such as instructor makings, it appears that support should back up public schools. Wendy Hensel provided the most compelling grounds to back up public instruction. If the verifier system is allowed to turn, the service bringing theoretical account in public schools could change over back by about 40 old ages. The unity of the 1975 jurisprudence to supply a free and appropriate instruction to all pupils with disablements must be protected.

Labor Relation Term Paper Example | Topics and Well Written Essays - 1500 words

Labor Relation - Term Paper Example Sometimes referred to as employment law, labor law deals with and differentiates the work and the relationship between employers and employees. The main purpose of labor law, which also encompasses common bargaining processes, is to stimulate employers and employees towards the amicable solution of problems in case of wrongdoing by one or both parties. For an illustration, labor law seeks to protect workers from exploitation by their employers by way of poor working conditions or low wages. Any employers or organizations found guilty of infringing on these laws may be punished by monitory means, imprisonment, or expulsion/withdrawal of license among others. It is thus imperative that every employee becomes conversant with the various labor laws; statutes and regulations that relate to their workers and businesses in a similar way. This information on labor law would help an employer establish the best and most effective policies on safety, wages, employee benefits, health, and non-di scrimination. Nonetheless, employers should appreciate the fact that labor laws constantly undergo regulatory and statutory changes and they need to keep pace with these changes. Generally, labor law touches on wages and hours worked safety and health standards, health benefits, retirement standards, child labor, and workers ‘compensation. The other concerns of labor laws are workplace standards, work authorization for non-citizens, contracts (working conditions), and equal employment opportunities.

Ethic Essay Example | Topics and Well Written Essays - 1250 words

Ethic - Essay Example For instance, space can create racism through residential and school isolation, discriminative policies on taxation and transport, bigotry mortgage and cover redlining and biased relocation of environmental facilities and noxious hazards. The relationship between race and space is real because human beings do not exist in a vacuum. Human beings exist in space so do racism. The white identity in the US is place and space bound. It exists due to segregation of neighborhoods and schools. This practice distort down the opportunities along racial prejudice. The practices represent space racism and spatial race, consequently learning and legitimization of whiteness is perceived as natural and unavoidable. The whites enjoy access to privileged opportunities for social enclosure and vertical mobility (George, 28). This trend imposes discriminative and unjust forms of mistreatment and segregation on less advantaged communities based on color. Racialized space defines all facets of urban life. This study evidences that, the dynamics of understanding race and racism are directly correlated to the racialized space and spatialized race (Caroline and Pedersen, 186). The racial thoughts, which consign people from diverse races and backgrounds to diverse spaces creates unequal access to employment opportunities, education, transportation service and shelter. Conversely this space exposes the less advantages races to environmental vulnerability and other numerous social nuisances. On the other hand, the whites, who are more advantaged benefit from accessing superior social facilities, economic chances and fundamental individual connections (George, 32). This occurs on the understanding that, lived experience occurs in actual spaces while the lived experience of place is determinately and logically defined from both explicit and clandestine knowledge of race. However, this study reveals that the purported benefits attributed to the whites from the spatial links, damages the long term interests. On the other hand, the marginalized races such as Africans create ways of imagining and continuing a more decent and dignified social associations for each one (Caroline and Pedersen, 189). The racialized space imagination that often used by the whites to prejudice other races especially the Africans should be lowly regarded because diverse races inhabit different places by chance and not by choice (George, 54). For instance, when considering the outcomes of race and racism on housing and lending, and other injustices, makes places synonymous with races. The American whiteness is one of the most steadily subsidized identities in the globe, ensuing from the racial implication of places. This identity enables the whites to acquire and own homes, which adds value and create wealthy that is passed down to other successive generations. On the other hand, the racially discriminated group confronts a falsely constricted housing market, which compels them to live in rented houses forever due to inaccessibility to home owner’s tax code subsidies. Conversely, the segregation based on schools purposes to direct the children from less advantaged races into poorly equipped schools with inexperienced tutors (George, 62). On the other hand, the children of the whites enjoy well verse education system in well equipped schools

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7 - Case Study Example CVS Corporation’s mission is to improve the livelihoods of its customers through innovation and provision of exceptional health and pharmacy services to enhance safety, affordability, and ease of access. The company’s economical audit performance will determine the devolution of its strategies. Other sources of funding, however, are to implement crucial strategies. The company’s strategic plans, however, are uncertain. Emergence of new Strategies that prove vital may call for refunding. The company aims at strengthening its position in the market. Despite the economic constraints experienced in the past two years, the company is still acquiring strategies to acquire new market. The company also intends to diversify its services in the market. Because of the high rate of technological growth in the world, the company intends to digitize its service delivery. Subsequent innovations aimed at improving the company’s performance will couple technological establishment. The implementation would be parallel to online sales for the company. The company identified a seasonal trend in their sales in the previous years. To counter that, the company aims at acquiring different companies. The companies will relate directly or indirectly to CVS. The company is developing strategies to enable it develop its own product brand. One of the objectives of CVS is to achieve a global expansion. This strategy implementation will enable CVS to venture into the foreign markets outside the U.S. This will be vital in the stabilization of the capital flow for the company. A license will be vital in this expansion for it will enable the company to take the full risk of the international market. Compared to the previous case study, this current study acquires the form of a business plan. The vision and objectives of the company provide an insight as to where the company is heading. The efforts required to achieve the company’s mission reflect the

The Value Proposition of the Volkswagen Company Essay - 1

The Value Proposition of the Volkswagen Company - Essay Example This is the strategic initiative taken by the company Volkswagen to target customers (Global Strategy for Volkswagen, 2010). The company has historically bathe sed the organization on the basis of differentiation as its strategy. They bought the same product in differentiated form for a niche audience. After the global economic crisis, the company has started focusing on cost leadership so that they can provide the customer with the same product at a better price. This is done keeping in mind the economic scenario across the globe. Analysts have considered this to be a move whereby the company will hamper its brand image which is the company’s biggest asset. The management of the company believes they are not playing with the brand image they are just focusing on streamlining some costs so that they can focus the saved money on enhancing brand image and various other promotional activities for the brand Volkswagen (Volkswagen Strategies, n.d.). Brand image is the biggest asset for the company and has created what Volkswagen is today. For any normal car buyer, Volkswagen is not into the consideration state. The company’s biggest strength is its brand image which has created by forming an emotional bonding with the youth of the world. Customers of Volkswagen are brand loyal because of the perceived image of the brand. It is the emotional bonding and association with the brand which results in repeat sales from the customers. This is why relationship marketing becomes so important for Volkswagen. The whole framework of the company is based on relationship marketing (Alkhafaji, 1995). Right Relationship with right Customers-Brand Image The objective at Volkswagen has always been on having the right relationship with the right customer segment.

Working Capital Management and UK Listed Companies Profitability Dissertation

Working Capital Management and UK Listed Companies Profitability - Dissertation Example Research Question How do the working capital management affect the profitability of manufacturing companies of UK? 2. Aim and Objectives of the Research The research paper will strive to deal with the relationship of companies’ working capital management and their profitability. Working capital management is vital area for the growth and sustainability of companies and hence, it plays very significant role in determining the level of profitability. However, the corporate environment of different countries varies and hence, management of specific region have their different priorities for achieving growth and success. This is the reason correlation between the two or more variables of different regions vary. The primary aim of this paper is to examine the relationship of working capital management with profitability level of the listed manufacturing companies in UK. Working capital management includes number components that determine the efficiency of the management. Considerin g these facts, the research will also focus on certain specific objective as follows. To determine the efficacy of management in managing working capital of manufacturing listed companies of UK. To present and understand theoretical background relating to efficiency of working capital management and company growth. To determine the relationship between different components of working capital management and components of profitability. To determine influence of efficient working capital management on level of profitability and growth in listed manufacturing companies of UK. 3. Literature Review 3.1. Theoretical Background of Research This section will attempt to a theoretical background relation to the working capital management and profitability. Working capital management has always been a very critical area for companies’ growth and sustainability. Working capital mainly includes two basic components i.e. current liabilities and current asset. The efficient management of th ese two types of capital is known working capital management (Siddiqui, 2006, p.279). In order to present a detail background of working capital management, this section will explicitly present need of working capital and its importance for the growth of a company. Next, it will also analyse the different objectives of working capital management. Efficient working capital management is also highly required for managing risks within a company. A company is always exposed to number of risks and the working capital management is directly related to certain risks like operational risks, liquidity risks, credit risks, and information reporting risks. An efficient management of working must assure a lower level of risks. Therefore, working capital management can also be termed as a tool to overcome the stated risks that may create threat to sustainability of a company (Sagner, 2010, p.201). Another major role of working capital management is that it strives to create a trade off between r isk and profitability. In this regard, the risk is technically insolvency which is measure by net working capital (NWC). It has been found that many firms can operate in spite of facing technically insolvency. However, in such case, the company suffered from ‘slow poisoned’ as technically insolvency negatively affect growth, profitability and operational efficacy. If the management is unable to overcome this technically insolvency position, it may lead to business collapse (Khan, 2004, p.26.4). Using the financial techniques like ratio analyses, efficacy level of the working capital can be determined and it also reflect the managements’

Marketing Plan For NCR Research Paper Example | Topics and Well Written Essays - 2000 words

Marketing Plan For NCR - Research Paper Example Monopolists also need to increase awareness of their goods to the market. This is because; if they introduce new products to the market, they will only make it known to the consumers by marketing it. Thus, every business in the economy markets its products and services to the public. In order to market products effectively, a business needs to prepare a marketing plan that will guide it to achieve its objectives. The marketing plan for NCR Company focuses on the way in which it can attract new clients for its services. The plan will analyze the company’s market, its competitive environment and the financial market. The Mission of the marketing plan is to work on diversifying the services offered in order to increase the number of clients served by the company. The company also has a number of goals and objectives that guide it. The company aims at ensuring that the quality of services offered has increased, and the customer base has been improved. In addition, the company also aims at ensuring that customer satisfaction has increased and, that the company’s profits have increased. The industrial analysis of the market can be judged as wide and mostly composed of investors and established people in the market seeking credit offers. The major needs of the market include loans, credit and funds at a lower interest rate. In addition, the market also demands financial advice from the company. Individuals need to be advised on how to make sound investment decisions. The market trend can be given as rising and smooth. A smooth market trend implies that governments have implemented favorable fiscal and monetary policies. On the other hand, it also implies that supply and demand forces are attractive and normal. Therefore, it implies that the business can regulate its prices and consequently affect customer purchases. Therefore, the business can be able to predict the future of its operations. The analysis of the porters 5 Forces, the threat of new entrant s is the major force affecting the industry. This is because; there are many potential industries that are joining the finance industry. In addition, since there are no barriers to entry, it is very easy for other business to join the industry and increase competition. On the other hand, the threat of substitute products and services is very low since; all businesses in the industries deal with the same products and services. Therefore, the business faces very low competition from substitute products. The bargaining power of both suppliers and buyers is high since, buyers bargain for low fee for services offered while, suppliers bargain for high prices for the services that they offered. Market Analysis The targeted market includes customers that want to invest in the market (Luther,  2001). It also includes customers that business organizations that are normally engaged investment activities. On the other hand, all customers wishing to obtain funds on credit also form part of the target market. The company mainly targets people in the urban areas or highly industrious places. This is because; it is in the urban areas that there is a high demand for finances. In addition, in the urban areas there are many business organizations that are willing to borrow funds on credit in order to expend their operations. Statistics show that; approximately 2500 business organizations are targeted by the business and 5000 business individuals. There are also other miscellaneous additions that involve individuals and businesses that may borrow money

Risk and Quality Management Essay Example for Free

Risk and Quality Management Essay Executive Summary The following paper will be addressing the Risk and Quality management of one of the leading health care organizations in the world today and an organization whose benefits many of us have had the pleasure of experiencing: Kaiser Permanente, which is one of the most esteemed and flourishing organizations within the health care field. Kaiser Permanente provides and offers leading health care technologies, outstanding doctors, emergency services, laboratory needs, pharmaceuticals, and other hospital services among other things. They also have a very detailed and successful risk and quality management program which they enforce within their various organizations. Purpose of Risk and Quality Management â€Å"Quality assurance, corporate compliance, and risk management have common elements, they all represent processes by which care and services are scrutinized, audited, and generate action plans intended to benefit patients† (Sollins, JD, 2008). So it is no surprise that within the health care field, risk and quality management’s main purpose is to ensure that patients and employees are always safe and receive the best care possible. Ensuring that both patients and employees are always safe reduces the possibility of any undue or unnecessary risks to the organizations which is why quality assurance and/or management go hand in hand with risk management. In health care Risk management is very critical as it covers so many different areas ranging from proper procedures when handling medications, protecting patient information, making sure training is happening for all employees, and so much more. Risk management is so important because it is what makes sure the facility is operating in accordance with regulations. Quality management insures that patients are receiving quality care for a decent market value, which includes good customer service, timely visits and advanced technology. At Kaiser they value both risk and quality management and make it a core focus at all  times. In fact, â€Å"Kaiser Permanentes Care Management Institute (CMI) is one of the first organizations in the United States to earn disease management (DM) certification from the National Committee for Quality Assurance (NCQA). The 2-year NCQA DM certification was awarded in program design. The program design certification was awarded for four areas: diabetes, asthma, heart failure, and depression. CMI was one of 18 to apply for the NCQA certification/accreditation† (ManagedHealthcare.Info, 2002). Managing the Risks Like all other health care organizations Kaiser Permanente faces many risks on a daily basis, especially since they are dealing with people’s well-being. It is critical that first and foremost a health care organization knows what their risks are and what strategies are in place to address these risks. â€Å"Kaiser Permanente is concerned that too many diverse drug safety programs will impose a burden on the healthcare system and on patients and that this will drive up costs and limit access to therapies. At issue is the growing number of Risk Evaluation and Mitigation Strategies. The FDA has approved nearly 100 in the last three years† (Wechsler, 2010). Suffice it to say any industry that deals with the making or distributing of pharmaceutical or any other type of drugs made for the consumption of the general public has to make sure they have great risk management because there are many risks involved. In drug distribution situations if situations are not handled prope rly, they can lead to not only costly mistakes but can also put people’s well being in danger. Two other typical risks for this type of organization would be patient confidentiality and cleanliness as there are so many germs and diseases that these facilities face daily. These risks could affect the quality because medication may not be correct, confidentiality breaches will have negative results on the organization and the patients, and cleanliness risks will affect the patients, and possibly even the employees’ overall experience and/or health.  Kaiser is always taking steps towards better risk management and trying new policies and training to achieve this. â€Å"Licensing agencies and professional organizations prescribe minimum standards for a health care risk management program. These standards require direct interaction and support between the Risk Management Team, Administration, the Legal Department, Medical Staff, and Quality Management. Mechanisms must be in place for expeditious investigation and reporting of occurrences, prospective and retrospective analysis, and implementing preventive programs. The Joint Commission on Accreditation of Healthcare Organizations published its guidelines for hospitals in its Accreditation Manual for Hospitals. A major part of health care risk management is being knowledgeable of the Joint Commission on Accreditation of Healthcare Organization guidelines and ensuring that departments comply with them. Valuable safety measures with inherent checks and balances are put into place which increase quality of care and also help to curtail liability claims†. Kaiser believes that a complementary relationship exists between risk and quality management and that this relationship, in part, helps improve quality. It is this belief that created a synergistic approach within their Quality Management and Risk Management Departments. In the mid 90’s The Los Angeles branch of Kaiser Permanente’s Patient Care Management Committee voted on actions to improve their risk management. Those actions were: * Incorporation of collective instructional programs to assist in keeping health care staff updated on new techniques. * Develop deeper understanding of confidentiality practices. * Annual risk management refreshers for health care employees. * Providing courses on how to improve medical record documentation. * Updating protocols on preoperative and post-operative administration. * Educating and establishing centers of excellence for catheter replacement and selection processes. * Upgrade existing incident report forms to ensure more accurate documentation. * Revamp the use of Administration Records * Audit of Critical Care Units * Upgrading the admission policies and procedures. * Introducing policies for patient medication procedures. Managing Quality There are clearly so many factors which can negatively affect the quality of an organization let alone one that is in the health care field. In fact Health Care organizations may face a magnitude of issues which are not seen in other types of organizations. This is mainly due to the nature of having to deal with not only their employees but also with the welfare and  wellbeing of so many different patients. However, as you can imagine some internal factors that this organization or any other health care organization may face would be training, customer services, and services rendered to the patients. In addition, some external factors that can affect the quality of an organization would be third party vendors, budget cuts, and technical issues with electronic medical records or even any other technology system. These factors could be detrimental to any organization if not addressed properly and quickly. However, one of the reasons that Kaiser is considered one of the leading health care organizations is that Kaiser has a very large focus on quality management and wants to makes sure they are always providing the best quality. Their attention to detail is not only evident in how they perform but also in the reputation that they have acquired based on their extreme attention to these details. According to â€Å"Health Span† (n.d). â€Å"The Kaiser Permanente Quality Management program was designed to improve the quality and safety of clinical care and the quality of services provided to our members. The Quality Improvement (QI) program prioritizes quality activities aligned with the region’s strategic plan and provides resources in support of achieving the QI work plan. This complies with applicable regulatory and accrediting body requirements. Kaiser Permanente’s QI work plan must address: * Quality and safety of clinical care * Quality of service * Program scope * Yearly objectives * Yearly planned activities * Timeframe within which each activity is to be achieved * The staff member responsible for each activity * Monitoring of previously identified issues * Evaluation of the Quality Improvement (QI) program Kaiser Permanente’s Goals Kaiser Permanente’s organization has many goals many of which include helping to lower the nation’s obesity rate, promoting wellness care, promoting global health care, educating the public on health and wellness through classes and seminars, offering the best quality health care for a  good price, and much more. According to the organization’s website in 2002, Kaiser Permanente and CAPH/SNI entered into a formal business cooperative effort to broaden their ability to offer quality care as well as work towards improving the type of health care that is available in many communities regardless of their economic standing. This goal is not only one that would benefit the communities in which they are used but also serve to broaden the vision of those involved in the partnership at the state and local levels between community health care providers, organizations and leaders and staff of Kaiser Permanente to cooperate towards mutal objectives which include: * Collaborating on strategies and resources to promote quality care and enhance the efficiency within the systems * Working in association with community partners to improve the health within our neighborhoods In closing, Kaiser Permanente is one of the leading health organizations in the nation and it is no surprise that they also have some of the best risk and quality management practices to go along with their great reputation. In my experience with Kaiser risk and quality management are a focus at all times. One policy that I know is in place, just from visiting them, is that they conduct mailer surveys regarding patient satisfaction. This is important because it gives the patient the opportunity to voice what they think is great or what the organization could improve about the quality of care and services they received. It is also an important point that this industry has and strives to maintain good risk and quality management because they are dealing on a daily basis, every day of the year with the health and wellness of quite a number of people. Based on the facts stated above, Kaiser is always striving for the best quality and risk management possible. It is evident thru the numerous awards that this organization receives, that they are clearly doing a great job and they are example of how an organization should and could properly manage risk and quality management in a way that not only benefits the organization itself but also the people which it serves. References California Health Care Safety Net Institute. (2013). Partnership with Kaiser Permanente. Retrieved from http://safetynetinstitute.org/goals/enhancequalityofcare/kaiserpartnership/ Health Span. (n.d). Kaiser Permanente’s Quality Management program. Retrieved from http://providers.kaiserpermanente.org/html/cpp_oh/quality.html#Kaiser%20Permanente %E2%80%99s%20Quality%20Management%20program ManagedHealthcare.Info, . (2002, November 11). Quality Assurance; Kaiser Permanente institute earns NCQA Disease Management Certification. NewsRx. Retrieved from http://search.proquest.com.ezproxy.apollolibrary.com/docview/210597878?accountid=458 Sollins, JD, H. L. (2008, May June). Quality Assurance, Corporate Compliance, and Risk Management: Overlapping but Not Identical Tools. Geriatric Nursing, 29(3), 157-159. Wechsler, J. (2010, February). Kaiser Questions Safety Policies. Pharmaceutical Executive, 30(2), 1-18. ProQuest.

Importance of Social Responsibility Disclosure

Importance of Social Responsibility Disclosure 1.0 Introduction Though some of the country around the world is rich in resources, but there are still have a possibility that ran out of the resources. Beside that, there are also a large number of countries around the earth that lack of resources. Because of this, as a people living in this earth, we should protect the resources from exhaust. We should not be so selfish and should cherish the resources, so that other people could also enjoy use of the resource. As a big community, we should not think ourselves interest only, we should also think for others. Think that everyone can has a chance to use the resources and also how to value the resources so that others have a chance to use it. We can start doing social responsibility to ensure that the limited resources are not run to waste. As an opening of this introduction, we begin by defining social responsibility. Social responsibility can be defined as a theory from the perspective or ideological whereby a specific entity, being the person, organization, government, corporation, non-profit organization and etc., has a responsibility to make good decision and take sustainable action that will develop benefit of the society and enhance the welfare and interests of the public. In another meaning, we also can define social responsibility as whatever a specific entity done, the intention is to improve the welfare or the interest of the society. Although it is not mandatory for the entity to accomplish social responsibility, but the entity should also has some conscience. In addition to protect their own benefit, the entity should also concern the society’s welfare and interests. In the beginning of the introduction, we have defining the social responsibility. Now we will look on what is corporate social responsibility. Corporate social responsibility is the social responsibility that implements by an organization. Corporate social responsibility is about how a company using their own knowledge intelligently to earn profit for the company beside that still can protect the interest of society. They are not only being concerned with their own benefit, but they also concern with the interest and welfare of the society. Corporate social responsibility also gives a picture of how a company supervises their business processes to generate an overall positive impact to public. The initiation of corporate social responsibility involves several issues that related to company’s concern behavior in its social atmosphere except the company’s economic sphere which the company traditionally associates with. To implement corporate social responsibility, the organization must take in mind of the society welfare in beside to fulfill its own benefit in doing the business. The organization should not be self-interested in consider that the interest of the organization is their main objective. They should not think that increase stock price and short-run profit is the most important thing to the company. Service the society also an important objective and it is as important as the profit of the company. The company also should concern with the society ethically other than earning profit and increase stock price. The company’s stakeholders are not only the shareholders and investors, but also include the employees, customers, government, communities, suppliers, and special-interest group. So the company should also concern other stakeholder’s interest and what they are desired for. Commonly, the company using their own policy as a built-in, self-legalize instrument which incorporate into their business model to monitor the business processes and activities, so that their business obedience to the law and regulation, ethical standard, and international norms. It also ensures that the company not only pays attention to their profit and stock price but also the interest and welfare of the society. Implement social responsibility not only bring benefit to the society, but also give benefit to the company. Because implement social responsibility can add value for the positive image of the company. Public listed companies in Malaysia nowadays are required by Bursa Malaysia to disclose their social responsibility in their annual report. They can built their own corporate social responsibility report or refer to Bursa Malaysia’s corporate social responsibility framework. The report is not mandatory to follow, it is just a reference. When operate in businesses, there are several main areas that firms should concern and responsible for. It is because the businesses will give some impact on these main areas. According to Vinsign website, there are six main areas of social responsibility, which is community and environment, the employees, governments, consumers, providers of finance and other organizations or groups. For example, the firm should concern about environmental issue, such as rainforests disappearing and they can take action by reducing using paper or do not waste any paper when doing businesses or help the government to plant more trees. For employees’ issues, they should treat every employee fairly and should concern about their safety during work, welfare, training and development. Corporate social responsibility disclosure discloses information on what the firms have done for the sake of the community. It also shows the disclosure of firms’ action on what they have been contribute to the welfare of the society and what they will do in the future for the welfare and interest of the society. Usually the disclosure is disclosed in a social responsibility report and publishes in company’s website or annual report of public listed companies. For public listed company in Malaysia, Bursa Malaysia has ruled them to disclose their social responsibility disclosure in their annual report. It is mandatory for them to disclose in annual report recently and most of them comply with the rule to create a good image to the society and government. Corporate social responsibility disclosure is very important to company’s stakeholder. The stakeholders of the company always take note to the disclosure because the disclosure shows what the company plan to do and have done for the welfare of the society. A recently report shows that most of the investors are invest in firms that have involve greatly in social responsibility. With actively involve in the activities of social responsibility, the company can increase their positive image emerge to the society. It can bring advantage to the companies with having increasing number of investors invest in the company and attract more supplier cooperates with them. Some companies disclose their social responsibility voluntarily. According to â€Å"Corporate Social Responsibility Disclosure in Malaysia† written by several author, companies are disclosing their social information for various reasons. The reasons can be classified into three broad categories, which is pressure from the government and market, enhancing corporate image, and top management awareness. Companies also disclosing their social information because of they think that they should informing the public what they have done for the public and will done for the sake of the public. Before companies release the social responsibility disclosure in their report, they have to think about the question of how much information should they publish in the report, how much information are enough to the viewer of the report and which information are useful to the viewer of the report. It is very important for the companies to think about the questions because the interest groups are based on the information to make certain important decision making. Different groups of stakeholder look for different type of social responsibility information. For example, employees and future employees of a company are more concerned with human resource issues in the social responsibility report. The public and government are more concerned on philanthropic issues in the report. The quantities of the information are not regarded as important, qualities of the information disclosed by companies are more think greatly of to the stakeholders. In spite of quantities of the information disclosed, useless information disclose to stakeholder will not help them in certain decision making. According to â€Å"Corporate Social Responsibility Disclosure in Malaysia† written by several author, companies in Malaysia are more concern in human resources issues. Useless or unclear social responsibility information will lead to some problems, such as damage companies’ image, penalties from government and dissatisfied of stakeholders. When this situation happens, the company may lose their intellectual capital and most of the investor decides not to invest in the company since the company cannot fulfill their expectation for the information from the report. Large firm in this research mainly refer to public companies listed in Bursa Malaysia. Bursa Malaysia has built a corporate social responsibility framework for the public company as reference which has mentioned earlier in this research. According to Bursa Malaysia website, it mainly focuses on four main areas, which is environment, community, marketplace, and workplace. Bursa Malaysia encourages public listed companies to involve in corporate social responsibility and disclose it in annual report. Why public listed company been encourages to involve in corporate social responsibility? According to Bursa Malaysia, they believe that Corporate Social Responsibility (CSR) is key to sustainability. Bursa Malaysia say that â€Å"sustainability is a process and it is a business approach used to create long term value by seizing the opportunities and managing risks that emerge from the economic, environmental and social developments†. For example, by protecting the environment, it can help in conserve the natural scarce resources from being destroy or no need to confront with the situation of some resources become extinct. This can help the company to use the natural resources everlasting and the next generation also can enjoy it. Social responsibility involvement are very important to the public listed company and also others small and medium company in Malaysia. It is because social responsibility involvement can help increase competitive advantage of the company compare to others company in same sector. Involve in social responsibility activities can also improve the relationship between the company and the society. Other than become distinctive compare to other company and enhance the relationship with the society, social responsibility activities also can increase public image of the company, increase the stock price of the company, and can help to solve problems that the community faces. Involving in social responsibility activities bring a lot of advantages to company but still many companies are not willing to involve in social responsibility activities and disclose it. It is mainly because most of the companies think that social responsibility is not so important to them, profit of the company are their priority. Unfamiliar with what information to disclose are also one of the reason they rarely involve in social responsibility activities. Most of the companies are not sure which information is important to stakeholders although the company involves in social responsibility activities. 1.1 Problem Statement The problem in corporate social responsibility is that not every public listed company in Malaysia is sincere in voluntary involves in social responsibility. As a large company which listed on Bursa Malaysia, the company is required by Bursa Malaysia to disclose corporate social responsibility in their annual report in recently year. Some of the small company even didn’t implement social responsibility because of the company thinks it is not their obligation to implement it and for small firm, social responsibility disclosure are not mandatory. They are not aware of the advantages that the social responsibility brings to them and importance of the social responsibility information to the society. Some of the company didn’t disclose social responsibility because of they not sure what to disclose and how much information should disclose. Even though some companies have made the respective disclosure, the information they disclose may be irrelevant and as the result it is not useful to the stakeholders. 1.2 Objective The objective of this research is to find out the important of the social responsibility and social responsibility disclosure to different sector among public listed companies. This can understand through the involvement of the public listed company in the social responsibility and their key disclosure areas. The study aims to study how different of industries disclose their social responsibility activities and further to evaluate their awareness to the social responsibility. It also aims to study how willing are the public listed company disclose their social responsibility activities to the society without conceal anything from the society. The higher the willingness that company discloses their social responsibility information, the more the information that company will disclose. Not merely disclose what the company plan to do in the future, but also what the company have done that achieve from previous year social responsibility activities planning. Another objective is to find out the relationship between size of firm and the extent of corporate social responsibility practices. This study is to see whether it is the truth that the larger the firm is, the greater the involvement of the firm in the social responsibility. Whether it is only large firm will involve in social responsibility and disclose it out to the stakeholders or not. 1.3 Contribution The contribution of this research is to increase the number of companies and the willingness of companies to participate in social responsibility practices. From this research, the company will find out the importance of involvement in social responsibility activities and advantages that social responsibility activities bring to them. So that, the public listed company is more wiling to involve in social responsibility activities and disclose the information to its stakeholder. Beside that, the public also can see how corporate social responsibility will improve their living and enhance their welfare and interest. The community will more appreciate what the company has done for them and then will have more and more investor wiling to invest in the company. 1.4 Conclusion In conclusion, corporate social responsibility is about how you should as a corporation. Although, corporate social responsibility in nowadays is still not much concern by the public listed company, but in the future they will identify the importance of social responsibility. From this awareness, the company is more willing to involve in social responsibility activities and disclose the information to the society. From the advantage that the community receives from the social responsibility, they will become more concern with the issue of the social responsibility. Thus, the community acts as a watchdog to concentrate on what the public listed company plan to do and what they have done for the welfare of the society. The company views the community as an important stakeholder, so the company is more willing to improve the community’s living. Community can survive without business but business cannot exist without community. Chapter 2 Background of Study Securities Commission Malaysia (SC) was established on 1 March 1993 under the Securities Commission Act 1993, the Securities Commission is a self-funding statutory body with investigative and enforcement powers. It reports to the Minister of Finance and its accounts are tabled in Parliament annually. The SCs many regulatory functions include: Supervising exchanges, clearing houses and central depositories; Registering authority for prospectuses of corporations other than unlisted recreational clubs; Approving authority for corporate bond issues; Regulating all matters relating to securities and futures contracts; Regulating the take-over and mergers of companies Regulating all matters relating to unit trust schemes; Licensing and supervising all licensed persons; Encouraging self-regulation; and Ensuring proper conduct of market institutions and licensed persons. Underpinning all these functions is the SCs ultimate responsibility of protecting the investor. Apart from discharging its regulatory functions, the SC is also obliged by statute to encourage and promote the development of the securities and futures markets in Malaysia. Bursa Malaysia is an exchange holding company approved under Section 15 of the Capital Markets and Services Act 2007, which is regulate by Securities Commission Malaysia. It operates a fully-integrated exchange, offering the complete range of exchange-related services including trading, clearing, settlement and depository services. Bursa Malaysia today is one of the largest bourses in Asia with just under 1,000 listed companies offering a wide range of investment choices to the world. Companies are either listed on Bursa Malaysia Securities Berhad Main Market or ACE Market. In assisting the development of the Malaysian capital market and enhancing global competitiveness, Bursa Malaysia is committed to maintaining an efficient, secure and active trading market for local and global investors. Corporate Social Responsibility (CSR) is a central management concern at Bursa Malaysia. For Bursa Malaysia, CSR means integrating open and transparent business practices into our business operations which are based on ethical values and respect for employees, communities and the environment. The way they do business is designed to deliver sustainable value to the society at large and to all stakeholders, including their shareholders. On 5 September 2006, Bursa Malaysia launched a CSR Framework as a guide for Public Listed Companiess in implementing and reporting on CSR. The Bursa Malaysia CSR Framework looks at four main focal areas for CSR practise – the Environment, the Workplace, the Community and the Marketplace, in no order of priority. With effect from 31 December 2007, all public listed companies are required to disclose their CSR activities or practices (and of their subsidiaries) and if there are none, a statement to that effect. Listing Requirements (Appendix 9c, Part A (29)). Listing Requirements (Appendix 9c, Part A (29)) is about description of the corporate social responsibility activities or practices undertaken by the listed issuer and its subsidiaries or if there are none, a statement to that effect. Failure to comply with any of these Requirements will amount to a breach in respect of which actions may be taken or penalties may be imposed or both. Corporate Social Responsibility (CSR) Framework for Malaysian Public Listed Companies The Bursa Malaysia CSR Framework is in fact a framework, and not a template. This framework does not tell the whole story of CSR and neither does it have all answers. It is a bit like running shoes: One size does not fit all. The CSR Framework is basically a set of guidelines for Malaysian Public Listed Companies (PLCs) to help them in the practice of CSR. As the Prime Minister mentioned in the 2006 budget speech, from now on, all PLCs are required to disclose their CSR activities. Some PLCs may be doing corporate social responsibility even without realising it. The directive from the Prime Minister is really an opportunity for logical thinking about CSR. It is meant to encourage Malaysian PLCs to become more engaged in being socially responsible, and to make the way they approach the process of CSR, part of the way they normally work and think. According to Bursa Malaysia, CSR means it is not about how a firm spends money, but about how the firm makes money. CSR is defined as open and transparent business practices that are based on ethical values and respect for the community, employees, the environment, shareholders and other stakeholders. It is designed to deliver sustainable value to society at large. There is no universal approach to CSR. Companies are free to adopt what suits them. CSR is not about compliance or philanthropy or public relations. It often involves cultural transformation in a company as it integrates CSR concepts into its operations and decision making. Vitally, CSR involves communicating the company’s actions to its stakeholders and encouraging their feedback. The Bursa Malaysia CSR Framework looks at 4 main focal areas for CSR practice. They are: the Environment, the Workplace, the Community and the Marketplace, in no order of priority. The Environment When looking at the environment, CSR can focus on a variety of issues. Most of the people worry about energy, how to use it more efficiently and how to reduce the way its emissions damage the climate. Here in Malaysia, bio fuels have become a topical issue. There are other aspects as well. Companies live amongst some of the richest biodiversity in the world. Protecting the flora and fauna is essential. The Community Companies live within the community. They depend on the community in many ways and the community depends on them. Supporting employee involvement in community issues enriches the community and the company. Supporting education, such as adopting a school, is another possible activity. Companies can be creative in looking at how they can contribute to children, youth development and the under-privileged. The opportunities for company interaction with the community are vast. The Marketplace The Marketplace is where companies find important stakeholders – their shareholders, suppliers, and customers. Companies can interact responsibly with this group in a number of ways, such as supporting green products or engaging in only ethical procurement practices. Helping to develop suppliers and other vendors is another way of contributing. Raising the standards of Corporate Governance within the company so that it meets shareholder expectations is a further consideration. The Workplace Companies draw their employees from society and so everything they do with their staff needs to be socially responsible, whether they are dealing with basic human rights or gender issues. A quality work environment and health safety are obvious considerations, as is the way in which, if companies believe in CSR, they inculcate in their employees, the values which the company holds dear. Ideally, companies should consider all 4 CSR dimensions when crafting their own visions. But that does not mean a company must do everything. For some companies there will be focal areas or initiatives that do not apply. The important thing is that the company uses the framework to help it identify its choices and priorities. Individual CSR initiatives will depend on the nature of each company’s business, its inclinations, and its resources. However, sometimes a company will adopt initiatives that may even have indirect impacts. Like most PLCs, Bursa Malaysia is exploring the framework to see what suits companies best as an exchange. 3.0 Introduction There are some different points of view of the corporate social responsibility definition from several parties. Corporate social responsibility is defined as the duty of the organisation to respect individuals’ rights and promote human welfare in its operations (Manakkalathil and Rudolf, 1995; Oppewal et al., 2006). According to Carrol (2000a), businesses not only have the economic responsibility of being profitable and the legal responsibility to follow the laws or ground rules that guide their ability to achieve their economic requirements, but they also have ethical responsibilities that include a range of societal norms or standards. From this two definition, it can see that individuals’ rights and human welfare is more important than profit earning and organization is try to balance them, so that the interest of public did not deprive. Malaysian Government’s point of view by our Prime Minister, Dato’ Sri Najib Tun Abdul Razak in a corporate social responsibility conference held in June 2003 at PWTC, Kuala Lumpur referred to corporate social responsibility as â€Å"a concept whereby corporation integrate social and environmental concerns in their business operations and their interactions with stakeholders on a voluntary basis†. It is a process of providing information which does not have purely financial implications designed to discharge social accountability. Companies should recognize their corporate social responsibilities not only to their shareholders but also to the society they operate in. This sustainability concept calls for a company to operate in a responsible manner that takes full account of their business impact on the environment, people and the community. Corporate social responsibility can also be defined as the continuing commitment by business to behave ethically and contribute to economic development while improving the quality of life of the workforce and their families as well as of the local community and society at large (World Business Council for Sustainable Development, 1999). In general, CSR embraces all organizational activities relating to the organization and society. These may include employees support (safety, job security, profit sharing, employee participation, treating employees fairly and equitably etc.), community support (activity involved in education, health and housing related supportive activities, philanthropic activities), product/services support (product/service quality, product safety, delivery, research and development etc.), and environmental support such as; sustaining the eco-friendly environment, producing environmentally friendly products, waste management, recycling etc. (Staples, 2004; and Sen a nd Bhattacharya, 2001). In the last decade Corporate Social Responsibility (CSR) is an issue that has increasingly attracted attention from the business, political, and public spheres (Brammer, and Palevin, 2004). In emerging capital markets, such as Malaysia, this issue also tends to be a strategic issue for public listed companies. Malaysian firms incorporate CSR into their corporate governance agenda to become good corporate citizens in the Malaysian capital market. They also seek to increase the pool of enhancement in the recognition and profile of corporate domestic firms who can gain better recognition from the perspective of international and local investors. Furthermore, the push towards better CSR practices is also important to be consistent with the overall national agenda, particularly in achieving Vision 2020, meeting the objective of the National Integrity Plan and as a tool for generating greater economic and capital market growth (Corporate Governance, 2004). Tay Kay Luan (2005a), cited the Malaysian government’s stand on CSR issues is that all organisations in the country should take account of the economic, social and environmental impacts of their activities, and should be encouraged to act and address the key challenges which arise from these impacts on their core competencies. Moreover, the government is taking stand that the existing legal framework and regulations are sufficient to improve corporate behaviour. Gray et al. (1987) define social reporting as â€Å"†¦ †¦the process of communicating the social and environmental effects of organisations’ economic actions to particular interest groups within society and to society at large. As such, it involves extending the accountability of organizations (particularly companies), beyond the traditional role of providing a financial account to the owners of capital, in particular, shareholders. Such an extension is predicted upon the assumption that companies do have wider responsibilities than simply to make money for their shareholders†. Chan (2002), Godfrey et al. (2000), and Gray et al. (1996) describe corporate social disclosure as voluntary reporting of social and environmental information relating to an organisation’s interaction with its community, shareholders, physical and social environment to outsiders through corporate annual reports. Although the disclosure is based on corporate’s voluntary, but it as been motivated to disclose in recent year. According to Godfrey et al. (2006), corporate social responsibility is motivated by legal regulation, management accountability and shareholder activism. Voluntary corporate social disclosure gives information to the public regarding a company’s activities that relates to the community. Companies that operate in a developed world have moved to include sections on social issues within their annual reports. These sections give information on their responsibility towards reducing hazardous impacts on the environment, improving waste management, showing compliance with Environmental Quality Regulation 1989, better efforts to protecting their employees and other social issues affecting the public. The disclosures were towards an increasing trend. However the level of disclosures itself are still low. (Teoh Thong,1984; Foo Tan,1988;Ho,1990 and Shireenjit Zuaini 1 998). The Malaysian government’s incentive to further promote corporate social responsibility (CSR) among public listed companies (PLC) is very encouraging in Malaysia. The honorable Dato’ Seri Najib Tun Razak, Prime Minister of Malaysia, in his keynote speech at the Corporate Social Responsibility Conference on 21 June 2004 had made it clear that CSR helps improve financial performance, enhance brand image and increases the ability to attract and retain the best workplace, contributing to the market value of the company. The growth of public awareness about CSR has put pressure on corporations, profession and governments to increase the amount of social information in corporate reports. More recently, in the 2007 budget speech, the Malaysian Former Prime Minister, Datuk Seri Abdullah Ahmad Badawi has stressed the importance of corporate social responsibility reporting by requiring companies to disclose their CSR activities in the annual report. Corporate social reporting is one approach how companies published or disclosed their corporate social responsibility activities. One way to reduce the gaps between company and its stakeholders is by reporting the activities to the stakeholders or through additional disclosure. Teoh and Thong (1984) pointed out that the philosophy of the top management and legislation were the primary factors contributing to corporate social awareness in Malaysia. More recently, Malaysian executives and managers were found to have positive attitudes towards corporate social responsibility, although the extent of their involvement in corporate social responsibility is lower today than it was a decade ago (Abdul Rashid Ibrahim, 2002). Mohammad Jamil, Alwi, and Mohamed (2001) similarly found that CSR disclosure in Malaysia is generally low, especially with regards to fair business information. This also appears true for environmental information (ACCA, 2002). The level of CSR was again confirmed to be low in recent studies conducted by SRI (2003) and Ramasamy and Hung (2004). Since in Malaysia, corporate social responsibility is voluntary, the choice of social issues reveals the Government’s priority or the particular responsibility which companies have. Therefore by having corporate social responsibility, the company would have better reputation and this would increase its chances to secure contracts from the Government as it is seen as being socially responsible. Companies would be able to attract and retain good employees which would in turn benefit them financially in the long run. Corporate social responsibility may be able to strengthen stakeholder relations as reporting promotes corporate transparency and instills greater confidence and trust