Thoughts/Interpretations/Impressions about Marriage, Family in relation to culture

There can be thousands of interpretations, thoughts and impressions about family, marriage, kinship and marital residence depending on who is doing it and the background from which one has been brought up. But all the views are very interesting and sometimes debatable. In my interpretation, marriage, kinship and family have altered trends of life in many cultures, especially where there have been intercultural or intertribal marriages. These forms of marriage have enlightened many societies about changing roles of men and women.It is a good trial that has passed the test when women from other cultures do duties that have been associated with men and surprisingly the cultural beliefs that have prohibited women from these duties have been abandoned. Women around the world are great and respected leaders, for instant many African cultures are too tough but imagine for the first time in the continent (in Liberia) a woman has been elected president. This is a very positive sign about rigi d cultures that are changing. In some nations racial segregation is rampant.This phenomenon is in existence because of diverse practices or cultures and the languages which play vital roles in many cultures. This denotes the danger of extremism or total observance of culture. This is when people feel outsiders have invaded their culture and it will be a threat to their identity as s group. Strong adherence to culture may divide a society or has already divided many a societies. Indeed many nations in the world have been divided along tribal, racial lines because of extreme adherence of culture and the associated identity. Not only divided communities or societies but armed conflicts and turmoil as well.Many wars and other armed or unarmed conflicts have been fueled by people’s culture and identity versus culture of identity. Part Two Anthropological glasses on the local community Everywhere there are classes but the way they form somehow doesn't follow any blueprint. For inst ance in campus, students have identified themselves into various groups but some factors favor this kind of groupings. For example, smokers identify themselves as soon as they join campus. But it is healthy that identification through color is no longer in existence but a meager percentage of students use it to identify themselves into groups or classes.Nonetheless, there are two or three groups of students that are clearly identified. Class or stratification factor has played part in their formations. These groups include the rich and the poor, those serious in class with their studies and those who are not serious then a few in class of white and black albeit very few identify to these grouping. But the most encouraging trend is that these groupings are not extreme, they are very neutral and they have been neutralized for the reason that there is a lot of sharing right from the library to hostels and from class to the cafeteria.These make a very wide difference when comparing them with the groups which are discussed in the text, the text groupings tend to take an extremism dimension in their cultural setting which when compared to the local community or university are flexible and there is no remarkable degree of separation between the groups. In my observation this form of culture is very different because even ladies intermingle with gentlemen freely and there exists an aura of freedom for all and sundry.Finally institutions like universities and colleges have played an important role in connection to various cultures by bringing these diversities to one main culture without force. For instance color segregation has been dealt with intellectually because there is a lot of sharing within and without class. Part Three Vital lessons in this course There are many lessons that I have learned throughout this cause. Some of these lessons include the factors that have contributed to inequality and segregation and what has been done to counter this phenomenon.How s tratification or class was born and how soon or later it will disappear from society. Any form of identification may severely damage the conscious of some people regarding other cultures. Education can change one’s culture for the better and for the worse if not both. The interest of learning a new culture also encourages the other people of different cultures to have the urge of learning something new but may depend on the expression of one party to the other. Another lesson is how family, kinship and marriage are closely knit in society.As people are crossing borders and oceans for new adventures they are getting absorbed to other cultures and languages and their identity is no longer the same. Language has not been given the intensity it deserves in matters of any culture anywhere. Some people may not totally forget their culture and language but they do not practice, and gradually it disappears. Of course my argument must be clear that this tribal, clan and racial interma rriages are very positive towards promoting harmony anywhere in the world but the factor itself is harmful to the survival of some cultures and languages.And by assurance, this is causing a very hot debate as already many cultures, languages, groups of people and tribes are disappearing or they are totally extinct. One other important lesson is the relationship between environment and man. Environment shapes culture and change in the environment alters the behavior and the living patterns of people thus culture in general. Environment is part in shaping man’s culture and man’s activities have been detrimental to the environment hence cultural change. (Embers 2007)

A Psychoanalytical Approach to the Awakening

The psychoanalytic approach understands us from the point of view of our unconscious and early childhood experiences. The approach is based on Freud’s belief that that there is a structure of the mind that includes the id, the superego and the ego. The plot of The Awakening, revolves around Edna Pontellier and the awakening of her unconscious sexuality, the need for love and her desire of independence. Edna and her family go to a resort to spend their summer.Edna’s husband, Leonce, adores his wife but considers her to be neglectful as a wife and a mother. â€Å"He reproached his wife with her inattention, her habitual neglect of the children. † (Chopin, 2005, Chapter 3, para. 6). At the resort she meets Robert, the owner’s son, and realizes that she can no longer pretend that she is happy with her husband and her children. This unconscious realization is triggered by the sight of the ocean one day. The sight made Edna think of simpler times when she believ ed that she could attain anything.Edna reminisced how about how looking at the ocean reminded her of when she was a teenager and would walk through a meadow that â€Å"seemed as big as the ocean,† (Chopin, 2005, Chapter 7, para. 15). She confided in Madam Ratignolle that â€Å"sometimes I feel this summer as if I were walking through the green meadow again; idly, aimlessly, unthinking and unguided. † (Chopin, 2005, Chapter 7, para. 20) I believe this was her first unconscious realization that she missed not having the responsibilities of being a wife and a mother.Later in the story, the sea becomes a symbol of empowerment. â€Å"As she swam she seemed to be reaching out for the unlimited in which to lose herself. † (Chopin, 205, Chapter 10, para. 10). It was after learning to swim that Edna began to stand up for herself, such as she did when Leonce demanded that she go into the house that evening and she refused. She recalled that in the past she had always succ umbed to his demands without a thought. This was no longer the case with her. Finally, Edna chose to end her life in the ocean.The thought of not being able to have Robert had pushed her to the edge. She also could not bear the thought of forgetting about Robert in the same way that she had forgotten the gentleman that she had crossed the meadow for so many years ago. As she swam out into the water, she was â€Å"thinking of the blue-grass meadow that she had traversed when a little child, believing that it had no beginning and no end. † (Chopin, 2005, Chapter 39, para. 28) References Chopin, K. (2005). The Awakening. Vitalsource Digital Version. Raleigh, NC: Hayes Barton Press.

TV NEWS PAPER INSTRUCTIONS Term Example | Topics and Well Written Essays - 750 words

TV NEWS INSTRUCTIONS - Term Paper Example Now†¦This, as used on television and radio, is a suggestion that the new idea has nothing to do with the original idea that existed. A newscaster usually tries to shift individual’s attention from the original thing. Postman has been passionate in explaining how the newscasters have been deviating from the context, this he explains in the metaphor, no particular object is attacked, he uses other objects like the television as the metaphor in explaining some thoughts. The thought of deviating from the main context is explained giving a self-evident explanation (Postman, pp 112-167). For example, the story about a childs murder appeared in the news, this was only explained in only forty five seconds than the newscaster says "And now†¦this when introducing segment on a local brake sale, these two different stories aired next to each other can be seen as insulting the first story, although it has now been peoples  expectation when receiving the news. The metaphor has been used to describe the common discourse of the television age. When watching a story in a television, a lot of commercial brakes are in between the stories; these are used to lessen the reflection on particular experiences (Kenney, pp67-119). Changing channels also means getting different stimuli; this shortens the time used to reflect on what meaning the stimuli has on peoples lives. In his comparison of the culture of Now†¦This, to forms like schizophrenia, Postmans implication was that individuals have no cohesive identity in such a world, alternatively, we have a collection of unrelated experiences, non-directional, since the information is void of context (Postman, pp 112-167). Practical implications to the dangers of common discussion to the television age include the dangers it will pose on children. The children are introduced to multitasking while neglecting being attentive, multitasking will at its best while attention will be at its worst.

STrategic plan Assignment Example | Topics and Well Written Essays - 3000 words

STrategic plan - Assignment Example It has background in events sponsorship through the MINI Challenge. However, so far, MINI Australia has not yet had exposure to the gym and fitness industry. This report explores the possibility for the creation of the MINI chain of gyms throughout Australia, and analyses the potential success of this project for the purpose of securing the participation of other investors in this long-term undertaking. Analysis of external environment Prior to considering the company’s internal capabilities, it is necessary to look at the Australian automotive industry as a whole. The automotive industry is comprised of two sectors, namely the automotive manufacturing sector and the automotive retail, services and repair sector. The automotive manufacturing sector is dominated by three large vehicle manufacturers (i.e. General Motors, Ford and Toyota), as well as three large truck manufacturers (i.e., IVECO, Kenworth, and Volvo Commercial Vehicles). The automotive manufacturing sector produce s for both the domestic market as well as for the export market; in 2008, production totalled 324,684, or which just slightly over 50% (162,728) vehicles were sold locally, and the remaining 161,956 were exported. In that year, automotive industry exports rose by 14%, with the largest target export market being the Middle East, accounting for 38.1% of export sales. (MSA, 2009). PESTLE Analysis Political Australia is a mature democracy supported by a stable economy. While it has a stable party system, the ruling parties have not historically enjoyed clear majorities in the Senate (Parliament’s upper house). This disadvantage may cause some barriers or introduce delays in having important bills passed. Furthermore, in the recent 2010 election yielded inconclusive results that ushered in once more a coalition government, casting widespread doubts on the ability of this administration to remain in power for the full extent of its three year term (BMI, 2011) Economic Australia enj oys a modern and stable economy backed by a sound financial system and a workforce with a high level of education. There is continuity in policy making, which reduces investors’ risks as well as the vulnerability of the economy to regime change in the government. A measure of economic weakness is introduced, however, by the relatively high current account deficit. This increases the economy’s vulnerability to capital flows and tends to induce greater fluctuations in the currency exchange rate. This in turn causes fluctuations in the prices of commodities and increased apprehensions among the buying public. (BMI, 2011). There are likewise opportunities presented by the country’s economy, as a result of the rapid, region-wide expansion of Asian economies. The region has proven itself resilient to the recent economic recession triggered by the U.S. subprime crisis, and its strong position has created new impetus for diversification of trading ties from the core EU markets. Furthermore, Australia has a relatively lower level of government debt than most developing and developed countries, allowing it greater flexibility in the determination of fiscal policy, in order to provide support for local consumers and business until the global economy recovers from the recent downturn

Fashion and its importance Essay Example | Topics and Well Written Essays - 1500 words

Fashion and its importance - Essay Example The essay "Fashion and its importance" explores what is fashion and analyzes its importance. Fashion designers’ lives revolve around fashion, they start outfit trends and people follow them based on their taste. People may use fashion for many different reasons, some might use it for self-expression; the way they dress and appear might seem extreme and that might be what they personally feel about life. Also, other people might use fashion to communicate and present their status. Apart from personal usage, the economy uses fashion to grow. Some might think that the fashion industry is not important and does not need to be taken serious or be interested in. They might see it in a negative way that can be offensive to the fashion icons. Fashion is an important aspect in the day-to-day life in society because it defines a person’s personality; it is used as a way of communication and benefits the economy.Fashion does define a person’s personality in the way an indiv idual dresses. The phrase ‘you are what you wear’ that was made famous by fashionistas has been proven to be correct. says that a person’s fashion personality defines who they are, and it is shown in the way they dress. People will always classify others according to the clothes that they wear. One can be said to be classy, elegant, decent or indecent depending on how they dress. Most of the people do not pay attention to others outfits, while some who are interested in fashion tend to complement their outfits. These could be simple things. like color clashing, accessorizing and making sure that clothes are a perfect fit and not a size bigger. Fashion also helps in the identification of a person’s career, attitude towards certain things and personality (Ingram, 2000). This is more obvious in careers like police service, nursing, doctors and pilots among others that require their professionals to have a specified form of dressing/uniform that can be used to identify them easily. Fashion is a major tool used to express ones personality. This is evident in most communities in Africa and the various religions of the world. The Maasai of Kenya have a distinct way of dressing, which shows that they value their tradition that has stood the test of time for centuries. This community in Kenya is famous for its red shukas that have even been imitated by some designers in the west for their uniqueness, (Werlin, 2011). The Gothic community is yet another example of fashion been used to express attitude, and to show personality. These people often prefer to wear dark colors mostly black with black make up, and accessories. Fashion does not only represent personality but also defines people’s status in the society. Important people in the society, have defining dress codes that distinguish them for the general public (Ingram, 2011). The Royal family of the United Kingdom has expensive, elegant clothing that are custom made and not many can afford. Status of a person is shown in the way they are dressed, not only the status but also a person’s inner expression. Fashion has been used as a form of self-expression in many occasions. Valens (2013) says that â€Å"colors have meanings and we often express the same feeling as the colors that we wear on our clothes†. Fashion used in dull occasions is utilized in such a way that the mood of the people in that occasion is brought out in the fashion used during the occasion. In sad occasions, dull colors are

Position Paper Term Example | Topics and Well Written Essays - 1000 words

Position - Term Paper Example Without personal development realizing one’s dreams and aspirations are not possible. I continually thrive to achieve personal development through inspirations and small things in life. Accepting the things we cannot change and appreciating the things that we are have are critical for personal growth in my experience. I also believe that one has to do the things that he/she love in order to succeed in anything. Without the passion for doing things, it cannot be a success. I always try my best to believe in myself and to give my all when I am engaged to a particular work. According to the personal development based on me2 questionnaire my personality analysis ranked me very high as a curious person but very uncomfortable with uncertainty and ambiguity. I do not like to be in situation which I cannot take control of. For me, I have to certain in what I do and my curious nature often drives me to understand the world the world around. Hard working is the key to any success but wi thout values and personal growth, it is not a complete success as we as a human should evolve through our experiences and beliefs. I believe one of the reasons I felt confident in my learning experience, my personality and my career path is that I know for a fact that this is where I want to be. Confidence is very crucial when it comes to business management and I believe that if you are not confident about yourself or your work, it is not possible to grow. In the confidence zone, I perceived myself to be reasonably confident in my capacity to generate and work with ideas. My beliefs, values and confidence give me the positive learning environment. I often spend tie analyzing each sessions of my class and focusing on how I can improve my learning goals. This gives me the perspective of what I need to improve and develop. My flexibility also gives me the confidence to tackle any task given to me. For me change is the way of life and one should be open about change if it is for the po sitive cause. â€Å"Change equates with life, with our own personal, social, mental and physical development and with our ability to learn, to adapt, and to play an active role in social and community activities† (Andriopoulos & Dawson 2009, p.14) for me life is about making compromises when it matters and one should be flexible enough to welcome change. I also believe any personal, professional and career growth cannot be achieved without confidence and flexibility. I always believe in myself and this boost my confidence level which makes me extremely goal oriented. Although over confidence is what drives people to making stupid and irrational decisions, so I always calculated my options before I make any big decisions. I can say that I have grown personally over the past few years; I still need to work on many areas of my path to achieve my goals. But, I also believe that with my confidence and myself motivation, I can definitely achieve my career goals in life. My self â⠂¬â€œ efficiency is what makes me believe that I am capable of successfully performing a task assigned to me. I rate my level of self- efficiency to be very strong and this gives me the confidence to face new task or challenges. Idea generations can define as â€Å"The process of creating, developing, and communicating ideas which are abstract, concrete, or visual. The process includes the process of constructing through the idea innovating the concept, developing

Sony and Samsung Essay Example | Topics and Well Written Essays - 1000 words

Sony and Samsung - Essay Example Samsung has continually invested more than any of its rivals on its research and development, rising during the past couple of years to almost 9 percent of its revenue. It has a large and growing force of designers and engineers working in 17 research centers located all around the world (see Exhibit 6). Yun has also forced Samsung's own units to compete with outsiders in order to speed up the process for developing innovative new products. Samsung has also created the post of chief design officer to make sure that designers can get their ideas to top managers. Yun appears to be well aware of the challenges that lie ahead for Samsung. He understands that his firm must keep investing heavily into R&D and keep developing new factories in locations that offer lower costs. Sony probably restructure for a number of reasons. Companies typically restructure when they need to correct poor financial performance or to capitalize on market opportunities or to strengthen corporate value. Each of the five main change programs presented reasons why they were introduced. The changes are clearly sub-headed in the case and you'll find that towards the end of each main section, reasons are given for the next change in line. Just go through each section meticulously, and select a few relevant points to include. Centralized decision-making t... Companies typically restructure when they need to correct poor financial performance or to capitalize on market opportunities or to strengthen corporate value. Each of the five main change programs presented reasons why they were introduced. The changes are clearly sub-headed in the case and you'll find that towards the end of each main section, reasons are given for the next change in line. Just go through each section meticulously, and select a few relevant points to include. 3. To what extent did Sony's restructuring efforts centralize or decentralize decision-making within Sony Centralized decision-making tends to come from a particular group or at a particular location, usually from the senior team/HQ and is typical of hierarchical structures where information is passed down through the layers from the top. Decentralized decision-making suggests greater autonomy and the delegating of decision-making to lower levels of management or to different strategic business units. Sony seems to drift in and out of different approaches to decision-making - sometimes a centralized, sometimes a more decentralized approach. Scan the case and look for information relating to how decisions are made and look for some relevant points to include. At a couple of places in the case, there is direct mention of the terms decentralization and centralization. 4. How culturally diverse do you think the different Sony businesses were, for example, consumer electronics, entertainment, insurance, etc Include just a few brief points here and one or two assumptions. Is there likely to be different cultures in operation due to the nature of the businesses involved Would you expect a different level of cultural awareness and sensitivity in the

Sex in Advertising Research Paper Example | Topics and Well Written Essays - 1250 words - 1

Sex in Advertising - Research Paper Example The advertisement industry prefers to portray females as objects of enjoyment and appeal. It seems that females in the last two decades have become well-used to the needs of the advertising industry and have decided to explore the possibility. The advertisers have been reminding the society that female body is valuable, and something that must be revealed. All beauty products in the market are accompanied by almost fully naked female bodies. Famous brands and celebrities also contribute to this sex-oriented marketing system and get benefits in return. In order to draw consumer attention, the performers in ads dress provocatively, exhibit incongruously seductive, and behave in a flirtatious manner. A look into such ads reveals that the definition of beauty has changed from time to time. It is easy to understand this difference if one compares a beautiful woman of the present day with the portrait of a beautiful woman of the 16th century. Undoubtedly, the concept of fashion is set and redefined by the advertising media from time to time. According to Aaslestad, fashion embodies new social values and emerges as the primary area of contradiction between tradition and change (283). This is very evident in the changes that took place in the dressing of celebrities, namely women, appeared in ads. There is a visible change in the styles of both men and women today, and this change is attributed to the new philosophical and social ideals cherished by the advertising industry namely women, appeared in ads.

List, describe, and explain the rules regarding consent searches under Essay

List, describe, and explain the rules regarding consent searches under the Fourth Amendment. Provide case examples that illuminate the rules - Essay Example Government agents may circumvent official warrants if by doing so they would prevent a crime from happening or a criminal escaping. In Terry v. Ohio (1968), a law enforcement officer spotted three men milling around the entrance to a jewelry shop and suspected that they were preparing for robbery. He advanced to the men, identified himself and demanded to frisk them. While performing the search, he found illegal hidden weapons on the defendants, leading to their conviction. The defendants made an unsuccessful appeal before the Supreme Court by arguing that their conviction was based on bad evidence obtained without a search warrant as required under the 4th Amendment (Slobogin 398). By contrast, in Mapp v Ohio (1961), the Supreme Court dismissed the defendant’s conviction for being found in possession of illegal porn material, noting that the arresting officers did not identify themselves properly (Slobogin 504). Besides, the officers denied the defendant the right to counsel who was at the scene of crime. The 4th Amendment stipulates strict rules for government officers to follow while undertaking searches and seizure of evidence. Even though, individual privacy is not clearly stated in the US constitution, illegal searches violate privacy of citizens and are therefore

How does the Media Impact Youth's Body Image and Self Esteem Research Paper

How does the Media Impact Youth's Body Image and Self Esteem - Research Paper Example Media includes the use of billboards, fashion designers, films, television, magazines, movies, newspapers, videos, radio, and websites. Due to excessive mass media exposure, there is a risk wherein the youth may or may not feel good about their body image (van Vonderen & Kinnally, 2012). In relation to the adverse psychological effects of mass media with regards to how a person feels about himself, this study aims to prove that mass media can either create a positive or negative impact over the youth’s body image and self esteem. Applicable to both male and female, this study will gather some peer-reviewed evidences to explore how mass media exposure could affect a child perception about what an ideal body is all about. Thesis Statement Either positive or negative, the media has a significant impact on youth’s body image and self-esteem. Literature Review A child is able to develop an ideal feminine beauty and a universally accepted masculinity through mass media exposu re (van Vonderen & Kinnally, 2012; Dittmar, 2009; Barlett, Vowels, & Saucier, 2008). Since the ideal masculine and feminine figure has been continuously portrayed in the media, the young adults are either consciously or unconsciously exerting too much effort to make their body image fit in either the ideal masculine or feminine figure (Nikkelen, Anschutz, & Ha et al., 2012; Dittmar, 2009; Barlett, Vowels, & Saucier, 2008). In relation to a strong identity, there is a link between having high levels of self esteem and a positive body image. Based on what the media is portraying, the ideal female body should be sexy, underweight, ultra-thin and lean whereas the ideal male body should be show a lot of muscles (Nikkelen et al., 2012; van Vonderen & Kinnally, 2012; Dittmar, 2009; Hobza & Rochlen, 2009; Barlett, Vowels, & Saucier, 2008). Aside from having lots of muscles, Hobza and Rochlen (2009) mentioned that a typical body image for men is often characterized by a having a lean and fit body image. As a result of stereotyping the ideal body image of men and women, people are unconsciously creating a new set of cultural standards with regards to the ideal body image. It means that more adolescent girls are developing the wrong belief that being extremely thin is the only way for them to become famous and socially accepted by other people (van Vonderen & Kinnally, 2012; Robles, 2009). Therefore, the number of unsatisfied and depressed youth increases over time. It is wrong to believe that the media can only affect the young adolescent girls when it comes to body image and self esteem. In the process of trying to make them fit in the universally accepted body image, a lot of men and women are becoming totally dissatisfied with their own body image (van Vonderen & Kinnally, 2012; Barlett, Vowels, & Saucier, 2008). The only differences between men and women is that men’s visual attention when watching another man’s body image on mass media is totally diff erent from how women’s visual attention is being caught by the media images (Nikkelen et al., 2012). This explains why more adolescent girls are affected by the media when it comes to appreciating their own body image. Even though it is more common for the adolescent girls to feel depressed, unhappy and unsatisfied with their body image as compared to the adolescent boys, the fact that there are some adolescent boys who are consciously becoming

Presentation and function of horror Essay Example for Free

Presentation and function of horror Essay I busied myself to think of a story a story to rival those which had excited us to this task. One which would speak to the mysterious fears of our nature and awaken thrilling horror one to make the reader dread to look round, to curdle the blood, and quicken the beatings of the heart. If I did not accomplish these things, my ghost story would be unworthy of its name. In the Authors introduction to the standard novels edition (1831), Mary Shelley conveys her aim of the novel, Frankenstein. Mary Shelley proclaims her novel my ghost story p.8. The proposal of a ghost story relates to supernatural literature, which creates horror with paranormal and occult themes, but Frankenstein in fact has no ghosts. There are no bumps in the night and only the minimum amount of blood with emphasis on telling rather than showing in a story of scientific developments beyond our control. To evoke horror Shelleys novel complies with literature of the gothic genre with its tale of macabre in wild picturesque landscapes but without the ghouls and spirits. Shelley has the ability to horrify us without such paranormal torments but through psychological torments. It is Mary Shelleys method and success of creating horror in the novel that this essay aims to discuss. Shelleys era saw rise to momentous discoveries and advances in science that many feared may lead to disaster. The scientific work of Sir Isaac Newton (1642 1727) coupled with the ideals of philosopher John Locke (1632 1704) saw increased ambition and power in the 17th Century. Parallels can be easily drawn between such ambitious scientists and philosophers, and Mary Shelleys fictional character of Victor Frankenstein. Clearly a large influence to the myth of creation the novel endures is aided by the development of electricity. Shelley uses these advances in technology to make her novel appear more realistic and therefore horrifying. She has replaced the heavenly fire of the Prometheus myth with the spark of newly discovered electricity. Although neglected in the novel, Kenneth Branaghs 1994, film Mary Shelleys Frankenstein draws parallels with Luigi Galvani (1737 -1798), by featuring his work of discovering a frogs legs could twitch in an electric field. The use of electricity plus the amniotic fluid, which Victor uses in his creation, mixes the idea of science with the mythical origins surrounding the birth of human life. As Mr Waldman presents and influences the work of Victor Frankenstein, the likes of Newton and Galvini coupled with discussions between Mary Shelley, husband Percy and Lord Byron at Lake Geneva in 1816 have indeed influenced Shelleys role in creating the horror surrounding Frankenstein. When considering horror, we must consider what actually evokes the horror. Shelleys use of language when Victor is developing his workshop of filthy creation p.52 is disturbing, although not much graphic content is written, it is more what is not said and left out that is horrific. The theme of control is central to this idea of horror. When considering the horrendous incidents of September the 11th 2001 in American, and the horrific images of planes hitting tower blocks, are response is stomach churning but the real horror is the lack of control, nobody knows when and how the attacks are going to happen and this is similar in Frankenstein. Victor is scared of the monster as he has no control over him and this permeates through to the reader. There is surely an eye opening benefit of being horrified in some aspects. We can test our courage and survival and prepare for the future and in this case we are providing with the dangerous premonitions of playing god. Due to Mary Shelleys experiences of death and pregnancy the novel seems to suggest her own mental torments about creation, and the horror of birth and development. Shelley lost most of her children, only one survived. Shelley may be using her novel as a way of voicing her disgust and unhappiness at how childbirth can appear. I kept my workshop of filthy creation p.52, may be referring to the womb, the disgust and pain a mother can feel at such unhappiness. The creation seems to depict mothers worst fears, being capable to accept and have endless love for a child and not reject in the horrific manner that Victor does. The description of the monster is very much similar to that of a newborn baby. Once again the 1994 film adaptation of the novel depicts the monsters first steps similarly to that of a newborn Deer, struggling to find his feet, clutching on to his creator for dear life. As the novel reaches horrific climax in Chapter Five, Victor is awoke from a dream to find one hand was stretched out p.56, as his creation asks for help, like a child would to a mother. The way in which this interaction takes place is horrific in that a monster-like creature standing beside his bed awakens Victor, but the manner in which Victor rejects his monster is equally horrific. The creation has no motive for death yet and he is surely asking for help and is abandoned less than a few hours after birth. The novel could be read as a version of what occurs when a man plays god and upsets nature. Trying to create a child without woman is not natural and the horrific incidents which follow act as a warning not to mes s with the origins of human life.

Marketing Analysis Of Avon Products Inc Marketing Essay

Marketing Analysis Of Avon Products Inc Marketing Essay The company was founded in 1886 by then 28-year-old David H. McConnell who sold books door-to-door and gave out perfume to entice women to buy his books. His perfume proved to be much more popular than his books, so he then founded the California Perfume Company (CPC) in New York, New York in a 500-square-foot (46  m2) manufacturing and shipping office at 126 Chambers Street. As the company grew, he hired his first representative, Mrs. P.F.E. Albee. In 1897, McConnell built a small (3000 square foot) laboratory in Suffern, New York. In 1906, the West Coast office in San Francisco was destroyed in the Great Earthquake. In 1914 the first non-US office was opened in the Canadian province of Quebec. The California Perfume Company was incorporated on January 28, 1916 by David H. McConnell and Alexander D. Henderson (businessman) in Suffern, New York  [1]  . By 1918, five million units were sold in North America, and by 1928, sales reached $2 million. In October 1939, the name was ch anged to Avon Products, Inc. The company was taken public in 1946. By 1954, sales reached $55 million, and the Avon Calling advertising campaign introduced. By 1971 the lab would grow into the Avon Suffern Research and Development facility. By 1979, sales reached $3 billion, with one million direct sales agents. Today sales exceed $10 billion worldwide. In 2005, the company opened a $100 million dollar 225,000-square-foot (20,900  m2) RD facility to house its over 300 research and development scientists on the original site in Suffern, NY. Avon also has offices in Luzerne, Pennsylvania and Davenport, Iowa. The company chairman and CEO is Andrea Jung, who was promoted to the position in 1999. As at December 2009, the company had approximately 41,000 employees  [2]   2.2 Company Profile 2.2.1 Organizational Structure The Office of the Chairman is accountable for identifying growth initiatives, incorporating global strategies, and apportioning resources to Avon units around the world. In addition, as part of the reorganization, the firms three International Regional headquarters were to be phased out, alternated by nine streamlined business units covering sales, marketing and distribution around the world. Profit and loss accountability rested with them. Managers of these units would report directly to the Office of the Chairman. Also reporting to the chairman are five global staff departments: Finance/legal Affairs, Human Resources, Corporate Affairs and Communications, Planning and Business Development, and a new department Global Product Management. Each department assumes worldwide responsibility for its function Table 2.2.1 Organizational Structure AVON PRODUCTS INC. ORGANIZATIONAL STRUCTURE Office of the Chairman Chairman and Chief Executive Officer Vice President, Vice Chairman, Chief Financial Executive Vice President Assistant to the Chairman and Administrative Officer North America Latin America Northern Europe North America North America President Vice President Latin America Southern Europe South Vice President Vice President Asia/Pacific Vice President United Kingdom Vice President Japan Chair and Vice President Mexico Vice President Giorgio President Human Planning and Business Global Product Finance/Legal Corporate Affairs Resource Development Management Affairs Communications Source: Outlook, Nov-Dec 2009 2.2.2 Major Lines of Business Avons products line includes skin care items, makeup, and perfume fragrances for men and women, and toiletries for bath, hair care, personal care, hand and body care and sun care. Recognizable brand names included Skin-So-Soft, a product in the bath products area, which benefited from wide publicity concerning alternative uses; Moisture Therapy; and Imari fragrance. Newer products include Avon Color, an entirely new line of more than 350 shades of lip, eye, face, and nail colors. The product line would assure customers that Avon had just the right shade for them and that their total look could be coordinated. Anew Perfecting Complex for Face, another new product, was judged the most successful skin care product in Avon history. Internationally, the companys product line is marketed primarily at moderate price points. The marketing strategy emphasized department store quality at discount store prices. Avon is the worlds largest manufacturer and distributor of fashion jewelry, and markets an extensive line of gifts and collectibles. A separate division, Giorgio Beverly Hills, manufactures and sells prestige fragrances. These brand name products are sold through major retail department stores, in boutiques, by mail order catalog and by other means. 2.3 Operating Strategies Avon Products Inc. is uniquely among major corporations, a womans company. The company sells products to, for and through women. The company understands women needs and preferences better than most. This understanding guides the basic business and influences the choice of new business opportunities. Avon need to become and are becoming, more customer-oriented and more market- driven. Each one of the 18 words in the vision statement has considerable meaning. The three most important elements, however, are the focus on women, on being global, and on the additional opportunities for Avon in self-fulfillment. The Principles That Guide Avon 1. To provide individuals an opportunity to earn in support of their well-being and happiness. 2. To serve families throughout the world with products of the highest quality backed by a guarantee of satisfaction; 3. To render a service to customers that is outstanding in its helpfulness and courtesy; 4. To give full recognition to employees and Representatives, on whose contributions Avon depends; 5. To share with others the rewards of growth and success; 6 To meet fully the obligations of corporate citizenship by contributing to the well-being of society and the environment in which its functions; and 7. To maintain and cherish the friendly spirit of Avon. Source: Avon Representative Success Book 2.3 Operating Strategies 2.3.1 Mission Statement and Management Objectives Avon Products Inc. aims at being the company that best have the knowledge of and satisfies the product, service and self-fulfillment needs of women, globally. The Global Beauty forerunner intends to build a unique portfolio of Beauty and related brands, striving to surpass competitors in quality, innovation and value, and elevating image to become the Beauty Company most women turn to worldwide. The Womens quest for Buying Avon products will become the destination store for women, offering the convenience of multiple brands and channels, and providing a personal high touch shopping experience that helps create lifelong customer relationships. The Premier Direct Seller will expand the companys presence in direct selling and lead the reinvention of the channel, offering an entrepreneurial opportunity that delivers superior earnings, recognition, service and support, making it easy and rewarding to be affiliated with Avon and elevating the image of the industry. Avon products leadership edge is through passion for high standards, respect for diversity and commitment to create exceptional opportunities for professional growth so that associates can fulfill their highest potential. The company is committed to global champion for the health and well-being of women through philanthropic efforts that eliminate breast cancer from the face of the earth, and that empower women to achieve economic independence. The Most Admired Company delivers superior returns to shareholders by tirelessly pursuing new growth opportunities while continually improving profitability, a socially responsible, ethical company that is watched and emulated as a model of success. 2.3.2 Business Models and Strategies Avon Products, Inc., is one of the worlds largest direct selling organization and merchandiser of beauty and beauty related products. From corporate office in New York City, Avon markets product lines to women in 112 countries through 1.6 million active independent contractors (sales representatives) that receive a percentage commission for their sales but do not enjoy employment benefits, they sell primarily on a door-to-door basis. The idea behind the direct selling model is to eliminate the middle man (department and cosmetic stores) and get its products directly to consumers which will be able to cut costs and increase profits. November 2005, Avon products launched a comprehensive, multi-year turnaround plan to restore sustainable growth. The four-point turnaround plan includes: Committing to brand competitiveness by focusing research and development resources on product innovation and by increasing our advertising; Winning with commercial edge by more effectively utilizing pricing and promotion, expanding our Sales Leadership program and improving the attractiveness of our Representative earnings opportunity as needed; Elevating organizational effectiveness by redesigning our structure to eliminate layers of management in order to take full advantage of our global scale and size; and Transforming the cost structure so that our costs are aligned to our revenue growth and remain so. Source: 10-K (Feb 25, 2010) One of the goals of the 2005 Turn-around Plan was to increase the number of Representatives paid in 2007 when the company had 13% increase in net sales as a result of the increase in the number of Representatives Primarily, Avons revenues come from three main categories: 2009 2008 2007 2006 Beauty Products 72% 72% 70% 69% Fashion Products 17% 18% 18% 18% Home Products 11% 10% 12% 13% Source: http://www.wikinvest.com/stock/Avon_Products_(AVP) Beauty Products: Cosmetics, fragrances, and personal care. Fashion Products are Jewelry, watches, apparel and accessories. Home Products: Home products and decorative products. 2.4 SWOT Analysis 2.4.1 Strengths Presence in dynamic sector Strategic focus on emerging markets Diversification through acquisition Wide brand appeal Financial stability Strong brand image 2.4.2 Weaknesses Over reliance on Beauty Products (72%) Limited outlets for the customers Confusing promotions, out of date catalogs, unattractive packaging and customer complains of Avon image. Over reliance on Sales Representatives 2.4.3 Opportunities Geographic Growth: Enormous growth opportunities exist in countries with huge populations such as China, Indonesia and India. In Eastern Europe, management is excited about the potential in Poland, Czechoslovakia, and Hungary. In the Pacific Rim area, countries like Vietnam, Cambodia, and Laos are targeted as market opportunities. Emerging and Developing Markets: In those markets, the retail infrastructure was undeveloped, especially in the interiors of those countries. The Avon representatives provide consumers with opportunities to buy a wide range of quality products at acceptable prices 2.4.4 Threats Avons dependence on the productivity and profitability of the representative direct-selling model exposes it to cost and litigation risks. It is likely that AVP will incur future costs through litigation and resolution of the lawsuit, which may include terms that would increase costs and decrease profits for Avon. Large Presence in Global Market Exposes AVP to Currency Fluctuation Risks: 80% of Avons sales revenues come from markets outside of the United States, making the company very sensitive to currency fluctuations and the strength of the dollar. A weakening of the dollar against foreign currencies would allow Avon products to become more competitively priced in global markets, thus positively affecting sales revenue from foreign markets; however, a weak dollar would also mean higher costs for products manufactured overseas. 2.5 Core Competencies Over the last three years, Avon Products have been implementing its turnaround plan through various strategic initiatives, including: restructuring plan, product line simplification program (PLS), strategic sourcing initiative (SSI) and investment in advertising and sales representatives. Among other things the company does well are: Diversification through acquisition Distribution strategy and brand image High technology and innovation Economic Empowerment Philanthropy 3. Industry Analysis 3.1 Industry Definition, structure and major competitors The US personal care products industry includes about 800 companies with combined annual revenue of $50 billion. Major companies include Estee Lauder, Johnson Johnson, and Procter Gamble. The industry is concentrated: the 50 largest firms account for about 70 percent of industry revenue. There are  28,001  companies in this industry with the US personal income driving consumer demand for personal care products  [3]  . Company Sales Location The Protecter Gamble Company 78,938.00M Cincinnati,  OH LOreal SA 25,041.73M Clichy,  France Kimberly-Clark Corporation 19,115.00M Irving,  TX Colgate-Palmolive Company 15,327.00M New York,  NY Kao Corporation 12,777.13M Tokyo, Japan Source: http://www.hoovers.com/industry/personal-care-products/1192-1.html 3.2 Industry Growth and Profitability Market moves over the last two years have clearly been extraordinary. The forecast call for a continued, gradual recovery in demand from developed markets with emerging economies faring better. The personal and disposable personal incomes are the main drivers of this sector. According to the Bureau of Economic Analysis, July 2010, Personal income increased $30.0 billion, or 0.2 percent, and disposable personal income (DPI) increased $17.6 billion, or 0.2 percent, Personal consumption expenditures (PCE) increased $44.1 billion, or 0.4 percent. Table 3.2 Personal and Disposable Personal Income Personal income, current dollars 0.4 0.5 0.3 0.0 0.2 Disposable personal income: Current dollars 0.4 0.5 0.3 0.0 0.2 Chained (2005) dollars 0.3 0.6 0.4 0.1 -0.1 Personal consumption expenditures: Current dollars 0.5 -0.1 0.1 0.0 0.4 Chained (2005) dollars 0.3 -0.1 0.2 0.1 0.2 Source: Bureau of Economic Analysis, US Department of Commerce. July, 2010 3.3 Pest Analysis of External Factors Affecting the Industry 3.31 Political Factors These includes legal and regulatory: elections, employment law, consumer protection, environmental regulations, industry-specific regulations, competitive regulations, inter-country relationships/attitudes, war, terrorism, political trends, governmental leadership, taxes, and government structures. Government tax and industry specific regulations are the major factors that can affect Avon Products. Different countries have different regulations with taxes. Political and legal systems of different countries have important implications for Avon Products. Sometimes, the political system changes quickly, throwing the company into crisis and at other hand, it evolve more slowly. 3.3.2 Economic Factors Economic growth trends (various countries), taxation, government spending levels, disposable income, job growth/unemployment, exchange rates, tariffs, inflation, consumer confidence index, import/export ratios, and production levels. Avon has experienced volatile growth, its said to largely depend on weather fluctuating economic conditions and disposable household income levels. A higher disposable income will definitely increase revenue. 3.3.3 Social Factors Age, gender, race, family size, lifestyle changes, population shifts, education, trends, fads, diversity, immigration/emigration, health, living standards, housing trends, fashion, attitudes to work, leisure activities, occupations, and earning capacity. Since Avon major source of Revenue is on Beauty products which is mainly used by women, the company stands the chance of increasing revenue all things being equal. A higher taste or lifestyle to substitute products like Mary Kay may affect the company revenue. 3.3.4 Technological Factors Inventions, new discoveries, research, energy uses/sources/fuels, communications, rates of obsolescence, health (pharmaceutical, equipment, etc.), manufacturing advances, information technology, internet, transportation, bio-tech, genetics, agri-tech, waste removal/recycling, and so on, all these and many more need to be improved upon continually. As technology advances, there is need to ensure compliance and engage in more research in an attempt to increase the quality of the products. A common error is to try and devise a single analysis to try and cover the entire history of a firm and an industry. Therefore, the company must keep the analysis of past developments separate from that of the present situation and future trends. 3.4 Porters five forces of Analysis Competition 3.4.1 Threat of new Entrants: Low Being a household name for some years, the threat of new entrants can be said to be low. Consumers who are serviced in this industry tend to stick with long and experienced 3.4.2 Threat of Substitutes: High There are several substitutes to Avon products by its competitors in the market. A slight change or below standard can push customers to buy other products. 3.4.3 Bargaining Powers of supplier: Low 3.4.4 Bargaining Power of Customer: Low Customers who are mainly women often dont mind price(s) as long as they have value for money spent. Rather than customers fixing price, Avon does. 3.4.5 Rivalry among Competing Firms: High This is really high. Mary Kay among several others is in high competition with Avon. 3.5 Summary Bargaining power of buyers Low Competitive Rivalry within an Industry High Threat of Substitute Products High Threat of new Entry- Low Low Bargaining power of suppliers Low 4. Economic Outlook 4.1 Global Outlook The companys operating performance has been strong in the past six months, and its key credit measurements are improving. Avon is expected to continue to have conservative stances with its liquidity and share repurchases. Avon has performed very well relative to its consumer products peer group and remains one of the best geographically positioned companies to benefit from emerging market growth over the next several years. The New York Company is in the midst of a restructuring that includes cutting jobs and trimming overhead. It has focused on recruiting independent sellers, as well as broadening its assortment of less-expensive items, including products under $5, to drive sales. It is also growing sales in emerging markets. Manufacturers of beauty products weathered the recession fairly well, due in large part to their vast product range. While demand for cosmetics stumbled some are considered essentials and were mostly impervious to the downturn. The economic recovery will push the industry back to steady growth, as improving disposable incomes allow consumers to spend more on nonessentials like makeup. Meanwhile, manufacturers will expand both their product lines and geographic reach to take advantage of new market opportunities  [4]  . 4.2 Regional Outlook Avon is on track to deliver strong quarterly growth, although the US market is likely to prove the exception to regional growth in view of the tough conditions there. The worlds leading direct sales cosmetic company increased revenue by 8 per cent for the first quarter in dollar terms, while the continuing weakness of the dollar will mean that revenues will rise by 5 per cent in local currencies. On a regional basis, Avon revenue is projected to increase mid-single digits and operating profit forecast to be up. Internationally, Latin Americas revenue is projected to increase at a double-digit rate and operating profit forecast to grow in line with or slightly ahead of revenue, reflecting a strong performance in both the Brazil and Argentina markets. Europes revenue and operating profit are expected to increase in the ranges of 10 per cent and 15 per cent, respectively. Growth in this region is continuing to focus on the central and eastern European markets. The Asia Pacific regions revenue is projected to advance at a double-digit rate, with operating profit expected to improve more than 25 per cent. 4.3 Local Outlook Avon attributes overall sales growth to being driven by sales of beauty products, which are expected to increase 11-13 per cent, including a double-digit increase in the US. It feels it is also a reflection of its successful new product launches and continuing commitment to invest significant resources to support its brand-building strategies. Also, driving sales is an expected double-digit increase in the number of active representatives. 4.4 Summary There is strong growth and improving profitability as the global outlook becomes Stable from Negative. 5. Ten-year pro forma forecast 5.1 Underlying Assumptions Avon had $650 million Agreement with Silpada. The company designs is the worlds largest and fastest-growing sterling silver jewellery home party company which is expected to generate revenue from 2015  [5]  . Focus on emerging markets such as Brazil, China, Colombia, Russia, Turkey, and Venezuela, aiming for high market share and brand recognition in these markets. The only positive regional revenue growth the company had been in the Latin America and China at 5.6% and 0.7%  [6]  . For example, China re-licensed Avon for direct-selling, which allowed Avons revenues from China to increase rapidly from 2006 to 2008. The total revenue from China rose from $212 million in 2006 to $353 million in 2009  [7]  . Similar situations may arise in Avons other emerging market segments. Increased cost of production and Companies are also focused on controlling their operating margins in order to maximize their profits. While advertising and commodity costs have been rising, efficient production has been useful in reducing margins. A takeover Rumour by LOreal expand in emerging markets, particularly in Latin America  [8]   First quarter for the year ended March 31st, 2010.  [9]  Avons net income was $43 million, a 64% decrease from Q1 FY 2009 net income of $117 million. The decrease was mainly caused by AVPs effective tax rate being a 66.1% due to the devaluation of Venezuelan currency. Excluding this negative impact, net income was actually $144 million. Total revenue increased 14% to $2.5 billion. The number of active representatives grew by 6% as the recessionary environment attracted many unemployed people to Avons independent selling business strategy. Additionally, the companys Beauty segment grew by 14%. Avon had mixed sales results internationally, as it had a 2% sales decline in North America, a 22% sales increase in Latin America, a 31% sales decrease in China, a 28% sales increase in Eastern Europe, and a 23% sales increase in Western Europe and Africa. The company spent $96 million on advertising a 23% increase from the same quarter last year. Second quarter for the year ended 30th June, 2010, Q2 FY 2010.  [10]  The companys Net Income was $167.6 million more than double the year-ago quarter value of $82.9 million. Net sales rose 8% to $2.68 billion. Sales in all of the companys product categories increased with 16% growth in perfume and 12% growth in color cosmetics. Avon increased advertising in the quarter to $97 million, up 19% from the prior year quarter. The company increased advertising mainly in Latin America. Geographically, Avons revenue increased 16% in Latin America from strength in Brazil and Mexico. Sales in North America remained flat. Important to note is Other Income for the quarter in review shows a deficit of usd 100m.  [11]   Third quarter for the year ended September 30th, 2010 Avons net income increased 7% to $167 million. The higher costs are due to advertising and weak sales from markets like china and Brazil. Net Revenue increased 4% to $2.66 billion, compared to $2.56 billion in the prior year quarter. The company benefited from higher sales in Latin America (8% growth) and Western Europe, the Middle East, and Africa (11% growth). However, sales in North America remained stagnant with a 2% decline in growth and sales in China fell by 30% as Avon tries to transition away from retail stores in the region in favor of a direct selling method that it uses in its other markets. Advertising costs increased 36% as the company promoted its fragrances as well as its two new product categories hair and acne  [12]  .

FDI and Balance of Payment Relationship in Canada

FDI and Balance of Payment Relationship in Canada Chapter One Introduction History of FDI Foreign investment was very common in the late nineteenth century. It was a strategy from British to provide fund for economic development in other nation, as well as to gain ownership of financial assets. Godley 1999 mentioned in his research that the bulk of FDI that was based on British manufacturing industry before 1890 was in industrial goods sector. He also mentions that most investors failed as a result of narrow focus and their major concern his to enhance British market. Singer Manufacturing Company was an exception due to its commitment to FDI and being the first biggest and modern Multinational Corporation in the world (Moosa, 2002). During the era of interwar in the twentieth century, FDI declined and later rose but there was an astonished development in that period, British status was lost as a world creditor, and USA became the economic and financial power and FDI was favoured by USA tax law. After the world war, FDI increased as a result of two reasons: firstly, good technology in the area of communication and transportation that eliminate distance barrier. Secondly, the need of reconstruction of war damages by European countries and rest of the rich nation around the world. (Moosa, 2002). In the 1980s, there was a decline in FDI (outward). This was due to the fact that most host countries started resisting U.S control and ownership of domestic firms. Also, host countries recovered by initiating FDI in USA which affect US net inflow. In the 1970s, there was a big fall in the U.S FDI but British was back to FDI business as a result of North sea oil boom and the abolition of foreign exchange controls in 1979. In 1980s, changes in FDI occurred in which USA became a net debtor nation and major recipient of FDI with an unfavourable net international position. This was caused by depreciation of U.S dollar, restrictive trade policy and low saving rate in U.S economy. This disenabled the U.S in financing its own investment in its economy, giving rise to needs of FDI from other nations like Germany and Japan. Also, in the 1980s Japan became a major supplier of FDI to U.S.A, Europe and South East of Asia. Most countries embrace Japanese investors because of its provision of chea p labour. The revolution of FDI in the 80s can be attributed to globalization. (Moosa, 2002). In the 1990s, there was reasonable improvement in the investment climate which exposed most countries to the benefits of FDI. Some of the reasons that led to the improvement FDI of are: removal of FDI obstacles, changes in attitude and increases in FDI intensive. The removal of local hindrances through deregulation and privatization was favourable to FDI. Another remarkable thing that happened in the 1990s was the fall in the importance of Japan as a front runner of FDI. This caused economic doom in Japanese economy. Finally, FDI has gone through many reforms from countries to countries, in the late 90s, the number of treaties for the avoidance of double tax reached a total of 1871. In 1998 and 1999 some measures like protection, liberalization and promotion was brought in by the host nation (policies) on FDI. (Moosa, 2002). Globally, the economic development of deeper and more sophisticated internal and international financial market, improvements in information network and technological advancement have made contribution to sound financial and economic integration. For a nation to partake in any of the economic gains arising from these processes it need to adopt reform policies to improve efficiency. Most countries advocate FDI to encourage economic development because of its indirect impact in the host economy due to increase in competition, technical know-how and technological spill-over via multinational corporations to domestic firms. Gorg and Greenway (2002, stated in Morris 2008, p.4) that a possible channel is one in which domestic firms are thought to imitate the technology used by the companies. This will result to better ways of local firms of making their production. Competition is another positive effect of FDI. The entry of foreign companies compels the domestic ones to be more efficient in all ramifications. The latter gains better skill will from employee training through new improved technology requirement in the production process. (Morris 2008). FDI helps local firm to bypass government bureaucracy, legality and financial obstacles encountered in the host economy. International organisations always recommend that less developed countries rely mainly on FDI as a source of external finance. Hericourt Poncet (2008, p.1) confirm that the development of cross border relationship with foreign countries help private domestics firms to bypass both the financial and legal obstacles that they face at home At the same time, many may not be pleased with the policies that encourage FDI which might be unfavourable to host economy since foreigners will have share in domestic economic activity. According to Holden (2007), there was an argument that foreign-controlled investments may be bias and not act in the best interest of locals and nationals; that profit may be exported out of the country; and that foreign ownership could have national security implications in situation where industries or products are of strategic importance. These concern links to energy and natural resource sector. The concerns may lead to countries to place restriction on investment in sector that involves strategic importance. Canadian Chamber of Commerce had an annual general meeting in 2007. A resolution was passed Attracting FDI to Canada, among the issues discussed in the meeting was an advise for Canadian government to adopt policies that encourage foreign investor to Canada, even though some call for tighter restrictions for FDI due to its demerits (Morris, 2008). Canada was among the countries that provided a shield for his economy with the provision of 1985 Investment Canada Act. This Act states that any proposed foreign direct investment above a certain amount is subject to review and approval from the industry Minister. For the proposed investment to be approved, it must demonstrate that its proposed investment provide a net benefit to Canada, some of the things the industry Minister will consider are; employment, investment in Canada to compete in the world market, the compatibility of the investment with national industrial, economic and cultural policies and many others (Holden, 2007). Using Canada (a country that has benefited from FDI in all ramifications from the perspective of macro economics level down to the micro level, from one sector to another sector) as a case study. It is obvious that Canada has gained so much in FDI both in forward linkages and backward linkages. According to the Daily (May 6, 2008), the stock of FDI in Canada sky rocketed in the last eight years, and the sector that had the biggest share were the resource based industries. The Canadian Chamber of Commerce Annual General Meeting (2007) passed a resolution titled Attracting Foreign Direct Investment to Canada. The meeting called for the Canadian government to send a clear and positive message to foreign investors that Canada wants inbound investment through a proactive investment strategy and promotion champagne (Morris, 2008). Aim Most previous studies focused on the role of FDI on economic growth but their findings shows that FDI is not significant to economics growth. Carkovic and Levine (2002), prove that FDI does not independently influence on economic growth. However, economic growth and balance of payment (BOP) as a macro-economic objectives of any rational nation, in which there is sort of trade-off in both objectives.(this will be explain in the literature review section ).(pass et al. 1995). Countries calls for FDI coming between the two objectives as result nation rationale of protectionism ( quotas ,high import duties and embargo) to resolve balance of payment problem, and to achieve import substitution and export promotion agenda. Keynesian economic growth model, which is measured with Gross Domestic Product (GDP), have many component such as government expenditure, consumption level, investment, and export minus import (BOP current account). Changes in any of these components will have multiplier effect on the economic growth. (Moosa, 2002). FDI will have direct effect on host nations balance of payment which will indirectly impact the host country growth. The question being asked in this research is there any relationship between FDI and BOP? The aim of this dissertation is to determine the relationship between FDI and Balance of Payment in Canada over the period of 1990 to 2008. This aim will be achieve by building a model to explain the casual relationship between dependent variable and independent variables to figure out the relationship between FDI and BOP. Also, hypothesis will be formulated to test some of the objectives of the study. Robin says in Saunders (2007) that with deductive research its necessary to deduct a hypothesis. The study explores six possible issues: Objectives To determine the proportion of Canadian Capital account explained by growth in FDI in Canada over the period of 1990 to 2008. To determine the proportion of Canadian Current account explained by growth in FDI in Canada over the period of 1990 to 2008. To determine the proportion of Canadian Import explained by growth in FDI in Canada over the period of 1990 to 2008. To determine the proportion of Canadian Export explained by growth in FDI in Canada over the period of 1990 to 2008. To ascertain the relationship between Canadian FDI and Canadian BOP over the period of 1990 to 2008. To examine the major (countries) contributor to Canadian FDI over the period of 1990 to 2008. Significant of the study The significant of this study is to know the role of FDI in achieving one of the macro economic objective. This to ascertain if FDI will affect BOP in Canada positively or negatively. If the effect is positive, there will be needs of improving scope or magnitude for FDI in Canada for the future .However; if it is negative there may needs for government policies to restrict the inflow of FDI to Canada so as to achieve a favourable bop. The consecutive chapters will structure in the following ways: chapter two discusses the theoretical background information related to FDI, chapter three examines the academic literature relevant to the topic and also describes the methodology while chapter four presents the empirical analysis and discusses the econometrics result. The concluding chapter provides a conclusion of the research work. Chapter two Literature Review Theoretical Background (Moosa,2002) defines Foreign Direct Investment (FDI) as the process whereby residence of a country (the source country) acquire ownership of asset for the purpose of controlling the production, distribution and other activities of a firm in another country (the host country). It involves the transfer of financial capital, technology and other skills such as managerial, marketing, accountancy, and so on. International Monetary Funds Balance of Payment Manual defines FDI as an investment that is made to get a long lasting interest in a organisation operating in an economy difference the investor. (Canada Statistics, 2008) defines FDI as a component of a nations international investment position which explains a countrys investment position: the difference between aggregate financial assets and aggregate financial liabilities. Direct investment, portfolio investment and other investment are the component of financial asset and financial liabilities. (Frankel and Romer, 1999) describe FDI as one of the crucial catalysts for economic growth in a nation especially in less developed countries. This statement describes the significance of FDI to a nation. FDI can also be described as a company from one country making physical investment into building a factory in another country. It is the establishment of an enterprise by a foreigner. (UNCTAD, 2002) defines FDI as investment made to acquire lasting interest in enterprise operating outside the investors economy. In short, a business or firm that undertake FDI become a multinational national company (MNCs) because of it ability to own many subsidiaries in many foreign countries. Foreign Direct investment (FDI) plays a crucial role in any host economy in the aspect of economic prosperity and building wealth. It also leads to increase in capital flow and, highly skilled human power, and reduction in unemployment and importation of advanced equipment and technology to enhance output level. This has a direct impact on the nations gross domestic product by promoting economic development. Mutenyo (2008), said most less developed countries now adopt policies that encourage FDI. Among these po licies are privatization, trade and exchange rate liberalization, and, tax rebate and incentives for foreign investors to enjoy the business environment. FDI is different from other components (such as international financial assets, portfolios and so on) of international investment. International Monetary Fund (IMF 2003, p.6) define FDI as a category of international investment that reflects the objective of a resident in one economy (the direct investor) obtaining a lasting interest in an enterprise resident in another country (p.6). IMF further explained that a direct investment is established when a foreign investor has more than 10% ordinary share or voting right of a host country enterprise (IMF 2003, p6-7). In Canada, direct investment is measured as the total value of equity, net long-term claims and net short-term claims held by the enterprises border (Canada Statistics, 2008). FDI has been increasing globally over the last two decades. Especially in the 90s, FDI increased more than the world economic growth. According to United Nations Conference on Trade and Development (UNCTAD) data collection pertaining to FDI regulations in 1991, it shows that between January 1991 and December 2002, total of over 1600 measures were introduced by 165 countries; more that 90% of them was in favour of FDI in terms of changes; the nature of the introduced measures ranging from security for investors, to liberalization of rules governing the inflow of foreign investors, to measures that are promotional in nature(UNCTAD, 2003). The measures were extended to the international level through double taxation treaties (DTT) and bilateral investment treaties (BIT). Over the last four decades, FDI have gone through series of transformation in Canada. Gellaty 2006 (in Morris, 2008, p6) explained the reason for the emergence of the Foreign Investment Review Agency (FIRA). Due to growing concern of FDI in the late 1960s and early 1970s, the Foreign Investment Review Agency (FIRA) was established to regulate and monitor FDI. The regulation governing FDI and FIRA was replaced with Investment Canada in 1985. The regulation was aimed at protecting and promoting FDI in Canada. There was also an implementation of Canada-U.S Free Agreement (CUFTA) and North American Free Trade Agreement (NAFTA) to promote FDI further in Canada. FDI appear to be a topic that covers both narrow and broader area. Feenstra (1999,quoted in Liebscher 2007, p.3) expresses FDI as the combination of both international trade in goods and international financial flows, and as a phenomenon more complex than either international trade or international financial flow. From micro-economics perspective, FDI raises the issues of location consideration and ownership. From the macro-economics angle, FDI considers the fear of unemployment and the loss of freedom. For Policy makers, FDI is an issue to balance the benefits of spillovers with growing concern of the public. The concern authorities will be rational in policies that will favour FDI and all concern parties. FDI is one of the key features of the modern globalized world. According to (Peter 2008), most industrialists believed that there is international links in the late medieval and early modern era. They were also of the opinion that multinational firms became crucial in numerous ind ustries in the late nineteenth century but the period since World War II and in particular, since 1985 have seen an explosion in FDI both in relative and absolute terms to the levels of trade and gross domestic product. However, economic theory provides an extensive economics literature which was developed to investigate the causes, nature and consequences of FDI. One of the reasons for the creation of FDI is as a result of cheap cost of production in the host economy. FDI occurs when the benefits of producing in a foreign market out weighs the cost of economic of scale from producing exclusively in the firms home plant (Neary 2008, p.13). This benefit can be explained by the concept of proximity –concentration trade-off. That is foreign firms take advantage of trade off in production in home countries which will expose them to high exportation cost and international trade barriers relative to proximity to customer and low transportation cost. There are some conflicting predictions about the effect of FDI on economic growth. Blomstrom and Kokako (1998, quoted in Mutenuyo 2008, p.3) explain that spillover occurs if the entrance of multinational enterprises (MNE) result to efficiency and produc tivity benefit to the domestic firms in the host country and MNE is not able to internalize the full value of these benefits. On the other hand, negative externalities exist if the activities of FDI result to loss in efficiency, productivity and profitability among the local firms and the alien investors do not compensate them for their loss. In a nutshell, FDI can be detrimental to an economy. MNE are assumed to compete favourably with the more advanced local firms since the local firms will have an edge over the foreign investors in local market share, skills, export contracts, cordial relationship with suppliers and the customer and so on. On the other hand, the foreign firms may be more advance in technological know-how, research and development, and the financial resources for their home economy.(Hericourt and Poncet ,2009) confirms that the development of cross-border relationships with foreign companies helps private firms to bypass both the financial and legal hindrance that they face at home. Types of FDI The types of FDI can be considered from dual angle: from the perspective of foreign investor country and from the perspective of host country. Since the study is focused on Canada, FDI will be examined in both ways. There are three types of FDI- vertical, horizontal and conglomerate- from the perspective of the source nation (investors). Vertical FDI: (Hill,1998) provides a clear illustration of vertical FDI by dividing into two: Forward vertical FDI and Backward vertical FDI. The former is applicable in a situation where a local firm invest into another industry abroad that sells the output product of the local firms production process, while the latter is used when the foreign sales of a firm provide inputs for the downstream operation of the local firms. Horizontal FDI: is applicable when the goods produced in the host country are the same as in the home country for horizontal expansion (Caves, 1971). (Hill,1998) defines it as firms invest in the same industry as the same operational activity in their homeland. Conglomerate FDI is the combination of horizontal and vertical FDI. That is, firm operating in separate business, (Luladhar 2008). FDI FROM THE ANGLE OF HOST ECONOMY Export-increasing FDI: is caused as a result of items produced in host country as an input for home country; such as raw material or intermediate goods. This type of FDI will enhance the exportation of the host nation if there is high demand for the raw material or intermediate goods from the home country. Import- substituting FDI: This type of FDI is applicable when the goods previously imported from the home country are now been produced from the host economy which will generate more employment .This is caused as a result of host government policy on trade barriers, market size, labour cost and so on. Government initiated FDI: This is when the policy makers provide some incentive that attracts foreign investors into the host economy. This incentive could be tax holiday, tax discount and so on. The Determinant of FDI (Motives) There are four motives that determine FDI. These determinants provide reason why firms should use FDI to tap in business globalization. These motives are acquired inputs (raw material orientation), market orientation, cost orientation, and strategic asset seeking motives orientation. Raw Material Orientation: According to Dunning (1993), availability of raw material is the bed rock of any firm, especially the manufacturing firms. Usually the cost of importing raw material from the source to where is needed is outrageous, even the duration cost of getting the raw material to host firm is another visible problem that affects the overall performance of production. Therefore, it is more economical for firms to produce in an environment that has easy access to raw material.s (Atik et al., 2008). Market Orientation: This is when firms produce goods in a host country instead of shipping it directly from the home country. This occurs when foreign market is protected by the government restriction goods importation or high importation duties. It will cost less to produce in the host economy market to avoid international restriction and unnecessary cost. Market orientation draws foreign supplier closer to the buyers in the host economy. (Atik et al., 2008). Cost- Orientation Motive: Cost minimization is one the firms strategy to optimize profit. Porter (1998, stated in Atik et al.2008, p 29) explains that among the generic strategies of a firm, cost leadership is the best strategy. In cost leadership strategy, a firm will prefer to become the lower cost producer in its industry. So firm prefer to site their location where they will enjoy the lower cost of factors of production. Good examples of this firm from developed nation prefer to locate their firms in less developed nation because of cheap labour and other cost of production. Asset Seeking FDI: Foreign firms prefer to have access to gain industrial asset in host country which will more profitable to have in there home country. The foreign firm will sustains or advance its international competitiveness, technological advancement, and opening up the new market though its asset accusation from the host nation (Atik et al., 2008). There fore, a firm that owes foreign asset is better positioned in global market competition compare to its counterpart. Theories of FDI Most literature reveals why investors prefer to produce abroad instead of staying in the home country. Dunning 2003 p.278) assert that the growth of existing foreign value activities in service might require a different set of explanations than to follow initial decision to invest abroad. There are some theories that explain FDI and MNEs in global business especially in goods sector. (Helldin ,2007) is of the opinion that FDI theory is fragmented and consists of various economic theories. There are no complete theories that explain FDI; it was just the bits by bits from numerous authors. Hymer was one of the first authors to explain the theory of FDI in 1960(mention in Na, Lv Ligthfoot, 2006). Hymer believes that the multinational national companies (MNCs) have the potential to expand the business due their oligopolistic nature. He said MNCs have firm specific advantages that create market power on global market due to their technical know-how, product differentiation, RD and so on. Dunnings Eclectic Paradigm (Professor John H. Dunnings 1977 OLI-framework also called Dunnings eclectic paradigm) Dunning 1977,Helldin 2007, p8), explains that the three factors that constitute to MNEs location in host country. These factors are Ownership Specific Advantage (O), Location-Specific Advantage (L) and Internalization Advantage (I). Ownership specific are business advantages such as capital, advance technology, well known brand names and product with dominant standard (p8). It further explained that the higher the level of business competitive advantage are compare to foreign competitors on a specific location the more the business will be involved in foreign production. Location will also be based on the countries competitive advantage, originated in the partners home countries (Helldin, 2007). Ekstrom (1998 stated in Helldin 2007) is of the opinion that the combination of O with L is why a specific location is chosen to make FDI. The third (internalization) advantage is meeting demands on global market by trading. (Dunning 1977, Helldin 2007, p8). Ownership Specific Advantage (O): MNEs enjoys business advantage in some area such as size, established position, and monopoly power. MNEs also have some specific advantage in some business area such as capital, advance technology, research and development, highly skilled human capital, trade marks, receipt of government grant and property right over intellectual property (Bennett, 1999). Location Hypothesis (L): This hypothesis explains the existence of FDI which is a result of international immobility of factors of production: labour, natural resources and weather. The immobility factors result to location-related differences in the cost of production. Horst (1972b, quote in Moosa, 2002, p.33) used this hypothesis to explain US FDI in Canada. Most MNEs prefer to locate their production facilities in an area where there is cheap labour. Lucas (1993) proves that there is inverse relationship between FDI and wages. He explained that a rise in wages in the host economy will increase the cost of production and have adverse effect on production and FDI. This will shift the host economy from labour incentive to capital incentive and will also encourage FDI Lucas (1993). The advantages of location specific (L) include low transport cost, low purchase input, economics of large scale, good communication, low labour cost, near to market advantage, availability of local business support ( market research firm) and the avoidance of trade restriction (artificial barriers) impose by host nation to reduced import (Bennett, 1999). Internalization Hypothesis Internalization hypothesis explains that FDI arises due to the impact of MNEs. MNEs is established to replace market (external) transaction with internal transaction. Coase (1973, says in Moosa, 2002) is of the opinion that market cost can be saved by forming a firm (p, 32). He gave an example of bottleneck encountered in purchasing oil product while compelling a firm to buy a refinery. These problems are caused by market failure and imperfection in intermediate goods, including technical know how, marketing and management enterprises (Moosa, 2002). MNEs invest in host countries in order to boycott expensive suppliers and distributors. Foreign government import restrictions will be avoided through local subsidy rather than exporting direct. Also the marketing aspect will be managed and controlled by the producing firm; there will be no intermediate sales or Value Added tax (Bennett, 1999). According to Dunning (2003), internalization incentive advantages are to protect or exploit mar ket failure (p.99). The Product Cycle Theory The theory was invented by Vernon in 1966. This theory explains the competitive advantage possessed by MNEs or potential MNEs originated in a country instead of another. The competitive advantage move from a stage of local production in home market, to exportation, and then to FDI (Dunning 2003). His theory was a based on U.S. directs investment in import substitution producing activities standards and economics structure. Also the ownership advantages of firms that produces or supplies a product had a little say about the advantages of common governance (Dunning, 2003). The theory is more useful in analysis of MNEs in FDI activities such as capital exportation, services activities, inward outward investment and so on. Core –Asset Theory Core Asset Theory was propounded by Hymer in 1976. Dunning said the theory explains the territorial expansion of a firm in terms of its exclusive or privileged possession of intangible assets, which it perceived could be utilized in a foreign country Dunning (2003, p.279). Several writers have to identify which O specific right were the most significant in determining the ability of MNEs to compete in foreign market. The theory examines the role of Foreign Service firms in market seeking sector, which is different from Product Cycle Theory focus on resources based industries or manufacturing sector. Also the theory was less concerned with where firms or MNES are located. According to Dunning (2003), the theory underestimates the important of the organizational mechanism by which the competitive advantage (Product Cycle Theory) is exploited (Dunning, 2003). The theory is limited to FDI or MNEs in technological advancement ,RD, position, product quality and so on, but it just examines the growth in foreign firms in global oriented and integrated service industries (Dunning ,2003). Strategy Related the Theories Knickerbocker, in 1973, was the first person to examine the strategy of MNEs. His analysis was that MNEs activities will be a function of high seller concentration. Dunning (2003) stated that Knickerbocker hypothesized that MNE activity would tend to be concentrated in industries characterized by high seller concentration, and that firms in those industries will engage in follow my leader tactics in the timing of their foreign investments, to protect or advanced their global competitive position (Dunning, 2003, p.280). Most studies on MNEs, the area of extraction, manufacturing and the likes was in support of this theory but the theory was less relevant in foreign firms activities in service industries because of its less oligopolistic nature (Dunning, 2003). However, these theory was fragile in MNEs with high level of diversification since one of the main aims of MNEs is expansion and diversify in area like service sector which may be outside their main activities which will create problem for the theory. The Risk Diversification Hypothesis The theoretical background of this hypothesis can be traced back to the theory of portfolio selection by Markowitz (1959) and Tobin (1958). The risk diversification hypothesis was propounded by Grubelin in 1968, but the idea was revisited and made known by Rugman in 1979. The hypothesis was that MNEs reduces the portfolio risk by diversification, which is investment in foreign assets that usually consist of service industries like banking, insurance, communication and so on. Most construction firm may want to make their working capital active by buying financial assets (Dunning, 2003). This kind of investment is not capital intensive. The Aliber Thesis Alibers (1970 1971, quoted in Dunning, 2003, p.280) seek to determine why firms pay their foreign assets in local currencies when they produce abroad. The theory explains that foreign firms take advantage of the home stronger currency to acquire ownership of assets in host economy due to their weak currency. Albert also argues that fluctuation in foreign exchange market that result to undervaluation or overvaluat

Eulogy for my Mother Essay examples -- essays research papers

I want to thank all of my Mother’s friends and family for being here today to celebrate her life and to mourn her death. I’m sure she would be thrilled to see all of you here and I know it would have meant the world to her. I suppose that the way that these things are supposed to go is that I recap her life and tell all of the good things about her and all of the great things she did, and there are many, but I can only tell you about what my mother meant to me. Everything good that is in me came wholly or in part from this woman. She taught me to love and to give, even when no one noticed my efforts. She taught me the value of hard work and dedication to our passions in life, the things that make us more than just animals. She taught me that there is value in every human life, regardless of how meek or downtrodden. The lesson I would like to talk about today is the lesson of the value of the fight, and to her very last day she continued that lesson. My mother believed in the fight and she dedicated her life to helping others learn to do it as well. As a dependency nurse and counselor, she helped hundreds of patients who had lost their way in life to try to find something else to cling to, something that could help them deal with life without resorting to drugs or alcohol as an escape. Permanent success was rare, often she would see the same patient again a year or two later in the same position. When she learned she had Cancer, she organized herself into a one-woman battle squad. Anyone who knew my mother knows that sitting down and letting the sickness take over was just not in her. She took the eighteen month prognosis they gave her , smiled, and threw it out the window. Shortly after her diagnosis,... ...his day, and I’m absolutely sure that she would love it. I am standing upon the seashore. A ship at my side spreads her white sails to the morning breeze and starts for the blue ocean. She is an object of beauty and strength. I stand and watch her until at length she hangs like a speck of white cloud just where the sea and sky meet each other. Then someone at my side says† â€Å"There, she is gone!† â€Å"Gone where?† Gone from my sight. That is all. She is just as large in mast and hull and spar as she was when she left my side and she is just as able to bear the load of living freight to her destined port. Her diminished size is in me, not her. And just at the moment when someone at my side says, â€Å"There, she is gone!† there are other eyes watching her coming, and other voices ready to take up the glad shout: â€Å"Here she comes!† And that is dying. Eulogy for my Mother Essay examples -- essays research papers I want to thank all of my Mother’s friends and family for being here today to celebrate her life and to mourn her death. I’m sure she would be thrilled to see all of you here and I know it would have meant the world to her. I suppose that the way that these things are supposed to go is that I recap her life and tell all of the good things about her and all of the great things she did, and there are many, but I can only tell you about what my mother meant to me. Everything good that is in me came wholly or in part from this woman. She taught me to love and to give, even when no one noticed my efforts. She taught me the value of hard work and dedication to our passions in life, the things that make us more than just animals. She taught me that there is value in every human life, regardless of how meek or downtrodden. The lesson I would like to talk about today is the lesson of the value of the fight, and to her very last day she continued that lesson. My mother believed in the fight and she dedicated her life to helping others learn to do it as well. As a dependency nurse and counselor, she helped hundreds of patients who had lost their way in life to try to find something else to cling to, something that could help them deal with life without resorting to drugs or alcohol as an escape. Permanent success was rare, often she would see the same patient again a year or two later in the same position. When she learned she had Cancer, she organized herself into a one-woman battle squad. Anyone who knew my mother knows that sitting down and letting the sickness take over was just not in her. She took the eighteen month prognosis they gave her , smiled, and threw it out the window. Shortly after her diagnosis,... ...his day, and I’m absolutely sure that she would love it. I am standing upon the seashore. A ship at my side spreads her white sails to the morning breeze and starts for the blue ocean. She is an object of beauty and strength. I stand and watch her until at length she hangs like a speck of white cloud just where the sea and sky meet each other. Then someone at my side says† â€Å"There, she is gone!† â€Å"Gone where?† Gone from my sight. That is all. She is just as large in mast and hull and spar as she was when she left my side and she is just as able to bear the load of living freight to her destined port. Her diminished size is in me, not her. And just at the moment when someone at my side says, â€Å"There, she is gone!† there are other eyes watching her coming, and other voices ready to take up the glad shout: â€Å"Here she comes!† And that is dying.

Mr :: essays research papers

Legal Studies Assessment Law to punish miscarriage assaults ASSAULTS on pregnant women leading to the deaths of their unborn children will be punishable by up to 25 years in prison under new New South Wales laws. NSW Attorney-General Bob Debus said the Government would amend the definition of grievous bodily harm under the Crimes Act to include the loss of an unborn child. Mr Debus said the amendment would not interfere with existing abortion laws. He said the amendment was being introduced after the cases of Renee Shields who lost her unborn baby boy Byron in a road rage incident in 2001 and Kylie Flick who lost her unborn child after she was assaulted in 2002. "The amendment is specifically aimed at criminal attacks upon women, enabling the courts to give due recognition to the pain and trauma experienced by women like Renee Shields and Kylie Flick who lost their babies following senseless and brutal attacks," Mr Debus said. This particular article is about a new amendment that has been introduced that if an offender assaults a pregnant woman and causes a miscarriage then the offender will receive up to 25 years. I think this is a good idea, it causes women a lot of stress and emotional damage if they lose a child unborn or born, if a criminal is the cause of a baby’s death then the effect will be compensation of the woman by dealing the maximum punishment. This article concerns administrative law as it is a law introduced to help the rights of citizens. Unprovoked Man jailed for shooting girl February 24, 2005 A FATHER of two has been jailed for at least five years for the unprovoked shooting of a teenage girl. Riannon Pierce required emergency surgery after she was shot in the abdomen by Robin Paul Murdoch at her home at Macclesfield, south-east of Adelaide, during the early hours of January 1, 2003. The South Australian District Court heard Murdoch, 29, of Mount Barker, smiled as he fired the revolver and threatened: "If you tell anyone about this I'm going to shoot you. I'm going to kill you". He had met Riannon, now 17, just moments before the shooting. Halfway through his court trial, Murdoch pleaded guilty to carrying a loaded firearm in a public place and two charges of discharging a firearm with intent to annoy or frighten. He was further convicted by a jury of one charge of shooting with intent to do grievous bodily harm.