Achievements of the EU

Achievements of the EU Mao Julin Hay Jean Leang Pisey Kim Chansreynich Hao Kanhamonisopea Bun Kimsour European Union (EU) is a union formed by mainly European countries, which is established in term of economy and politics. Its origin is European Community that formally created in November 1, 1993 which involves with 6 members-Belgium, Germany, France, Italy, Luxembourg and Netherland. Nowadays, there are 28 members. EU’s headquarter is located in Brussels, Belgium. So far, European Union has reached many achievements such as the promotion and expansion of cooperation with its Member States in economic, trade, social issues, foreign policy, security, defense, and judicial issues. Another major accomplishment of EU is the Economic and Monetary Union (EMU) that makes EU succeed in having a single currency (EURO) along with a common monetary policy. EU is famous for its economy on which many countries around the world are being focused. Economic integration is one of the main goals that EU has considered since its first establishment in 1957, and it has a significantly visible success based on fundamentally by a single currency-the Euro. It is a common currency in the circle of euro area that recently can facilitate the monetary circulation in 18 countries of the member states. Interestingly, its achievement of becoming the second largest currency of the world after dollars has pushed the European community’s economy to flourish further. Euro contributes to maintain the stability and prospect of economic society climate, which attract more investment and international or regional trade through the convenient calculation without involving with the foreign exchange rate. The common monetary policy has been adopted in order to acquire greater achievement, common objective and ensure benefits of all euro area states that use euro as their currency. In addition, cross-border trade and investment are the ultimate goal of Euro zone countries. EU removed trade barri ers in order to facilitate the flow of goods and services, which can fill in each other’s gap between the Member States. The common purpose is to increase competition and take away all restriction obstacles of the free movement of goods in the Common Market so that they can accelerate the economic development. The mobility of products, goods and capital facilitate human consumption within the region. Moreover, the free movement of capital is intended to permit movement of investments such as property purchase and buying of shares between countries. All intra-EU transfers in euro are considered as domestic payments and bear the corresponding domestic transfer costs. Another EU achievement is a so-called Custom Union, which was established in an attempt to adopt the common arrangement for imports from other countries based on common external tariff, provides to all members. This effort is made to develop the world trade and facilitate trade beyond border from all countries arou nd the world. What is more important about its achievements is to establish a society with the same rule for different nationalities; for example, people from each country in the name as membership of EU can possibly travel and move freely to settle down, work, retire, or vote, either permanently or temporarily, without any discrimination. For students who want to experience cross-border education. Thousands of students from EU citizen can get a common standard of education simultaneously experience intercultural understanding and good condition of living and studying in other European member states annually. Due to common passport creation, it has been granted to EU people in order to be indicated as EU citizen and move freely.

Financial Markets and Institutions, Part 2 Essay

Financial Markets and Institutions, Part 2 - Essay Example Financial institutions on the other hand makes the trade to run smoothly through rendering of loans, grants and other financial aids to firm and individual. Additionally, financial bodies accept the deficit units therefor enabling investors to access capital to establish companies and industries. Question 1. Analyze the role financial market playing creating economic wealth in the U.S. In the economy of United States of America financial markets plays several roles. This markets are usually seem to the backbone to American economy this is because many people in this country are wealth merchants who spend most of their time in business activities. With respect to their economy, trader maximizes the financial markets opportunity wisely in order to stabilize the economy of this country. The financial markets controls and transfers money from the persons with excess money with the needy ones. They help the students from difference institution to get loan, which they use to pay their scho ol fees, it also helps the government to get capital for its expenditure, business people are able to get funds and expand their operations. In order financial market to have funds to rent to the needy persons, business and households should be willingly to supply the excess funds to the financial market. ... Financial market gives them money in order they can use. For instance, student who are deficit units often borrows money from the financial markets to support themselves through their academic period, therefore in return after they get employed the excess/surplus tend to become surplus units through investment. But, after some years they may become deficit units by purchasing valuables such as homes. This is because at this duration they may be able to access good amount of money from financial institution (Madura, 2012). Investors access money from financial market through dispensing of securities which act as claim on the issuer. Borrowed funds are represented as debt thus they are known as debt securities. The excess unit that are bought as debt securities are called creditors because they get interest according to the basic duration. All debt securities have the maturity date, the time in which surplus units can be accessed or redeemed in order to earn the principal value from th e deficit units. Another, type of security is an equity security also known as stock. Stock represents the owner of a business. Most of the business prefer to give stock more than debit security if they require money, nevertheless the required fund sometimes might not be financially able to make a periodic payments on interest for the debt securities (Madura, 2012). Financial markets are classified according to the amount of fund they give inform of loans and grants. These classifications involves, primary versus secondary markets, accommodating corporate finance need and finally accommodating investment needs. Primary verses secondary market supports an issuance of current securities where else secondary markets enable the existing businesses to grow that results to smooth

Anthropology - Primates Observations Essay Example | Topics and Well Written Essays - 1000 words

Anthropology - Primates Observations - Essay Example Focusing on the Gibbon at first, I was able to obtain a lot of information on the creature. The animal bears the scientific name Hylobates simang. The observation made on the behavior for this animal was around 20 minutes. One of the characteristics noted about the animal in a clear manner is the high amount of social skills that it bears. This derivation attributes to the way the animal went about its activities and occasionally going over to other hears of its family. The vocalization of the Gibbon appeared to be very high as compared to other animals in the zoo. The animal has a very high vocal ability perceived from a distance that well exceeds one kilometer. Another characteristic observed from the creature is its high flexibility. This is from the manner in which it jumped from tree to tree at ease. These vigorous activities helped in putting the animal in good health. The animals have a very dynamic field of view and thus a high rate of accuracy while swinging. Moreover, their hands have a very large surface area and thus hard for them to miss a rope in their swinging activities. After a round of swings, the animal only rested for around five or less minutes. This was because it was the social responsibility of each of the animals to watch over each other (Stoinski 113). The feeding behavior of the animal was very typical of the primates in the same order. This is from the large amount of bananas that the animals consumed. In the feeding process, the animals were very kind as they shared the meal with the rest of the family members. The animals were very entertaining from the fact that they could occasionally sing for each other. This was from the male and female members of the animals. The singing was some kind of communication between the two sexes. The other animal to study was the Western Lowland Gorilla. Research led me to the understanding that the animal has the scientific name Gorilla gorilla gorilla. With the animal, I was also able to spend 20 minutes in its natural habitat observing its lifestyle and the noticeable features. For a gorilla, the animal was rather small and hence considered the smallest of the Gorilla family. Unlike other primates, the animal did not show any signs of territorial domination. This is from the manner in which other gorillas of the same type could interact freely with those of another family. The animals also generally fear areas that that are enclosed and do not find comfort in those areas. It is due to this that the animals are in the open multiple times. The feeding of the animals generally characterized high-energy foods due to the high amount of social activities witnessed from the animals. Bamboo plants are the favorite food types of these animals. This is because the plants bear lot of proteins that offer the animals a lot of energy to swing from tree to tree and run at a very high speed in an effort to run away from their predators. The animals stay in large groups for protection. This is very important as they have a natural fear of poachers hunting them down. The animals live in groups of around seven females together with their children and one dominant male. The animal spends around 5 hours daytime to sleep. This is after the consumption of a healthy and heavy meal. The male however does not enjoy this kind of comfort. This is because it is his role to take care of the

Entry into Foreign Market Essay Example | Topics and Well Written Essays - 1500 words - 1

Entry into Foreign Market - Essay Example ays emphasis on four important areas: a) The question of value: Whether the resource of the company is sufficient to exploit an environmental opportunity or be able to neutralize an environmental threat (Chapman, 2011). b) Question of Rarity: Are the resources of the company presently controlled by other small competing companies (Chapman, 2011). c) Question of Imitability: Do the companies face difficulties in cost advantage in developing or obtaining it (Chapman, 2011). d) Question of organization: Have the policies and procedures of the company organized systematically to support the exploitation of valuable, rare and expensive to imitate the resources (Management Mania, 2013). The evaluation of various resources of CIC would be as follows: Tangible Financial CIC is one of the most profitable drilling equipment manufacturers which have successfully completed various drilling projects for the renowned companies of varied nations. Physical CIC has made a strong presence with the man ufacturing of 80 brands in more than 300 locations around the world. Technological The company has installed state of the art machineries and control equipments meant for oil drilling, control instrumentation and various other process operations. Organizational The company has developed in built effective strategies meant for its various onshore activities in ultra deepwater discoveries (Cameron, 2013a). Intangible Resources Human Presently, CIC boasts of a diverse workforce with more than 27000 employees globally. Innovation & Creativity One of the major objectives of the company is to design leveraging tools which lessens the burden of extracting crude oil onshore and offshore. Reputation The company has been successful in drilling and compressing activities without hampering the... Presently, Myanmar is facing various kinds of social and economic tensions, which have hampered the national unity of the country. This has led to a major downfall in the economic development and decrease in various economic opportunities. 90 percent of the population follows Buddhism and the cultural and social values are based on Theravada Buddhism. Gender biasedness is also prevalent to a large extent in the Myanmar society (BEWG, 2011). The country has been facing severe challenges because initially, it was under the control of the military regime, which has compelled the people to adapt to a particular lifestyle. Firstly, the management of CIC should understand and analyze the cultural variations in Myanmar which will help the company in studying the attitude and behavior of the common people. Secondly, the company should adopt several techniques which will help in understanding marketing dynamics and also adjust to it accordingly. Modeling techniques like Delphi methods will he lp in assessing the market requirement and developing strategies accordingly. Finally, the company should adopt a clear communication model which would help the employees to understand the importance of work ties over cultural ties and also provide clear instruction process. After assessing the current scenario in Myanmar it is advisable for CIC to opt for subcontracting techniques (WiseGeek, 2011).The subcontracting technique is a type of job contract, which will help in outsourcing certain type of work to other companies (WiseGeek, 2011).

Ancient Mexico and the Spanish Essay Example | Topics and Well Written Essays - 500 words

Ancient Mexico and the Spanish - Essay Example On the other hand, the political control and power of the Spanish even before they came to conquer new world in the 1500s was invested in military personnel who were qualified in terms of leadership skills and prowess to fight. This is thus the reason it was not so hard for the Aztec rulers to welcome the Spanish due to their lack of leadership skills and wisdom. According to history, there are three major reasons that led to the defeat of the Aztec by the Spanish in not only a short span of time but also by a very small number of Spanish people. These reasons include but are not limited to: technology, disease and religion (Pohl, 2005). As discussed earlier, the technology of the Aztec and that of the Spanish was incompatible. The technology used by the Aztec was naà ¯ve, ancient and could not stand a chance with the modern technology of the Spanish. This is especially so with fighting technological gear. The Spanish therefore easily used their horses, guns, cannons and qualified military to fight the unqualified, sword-fighting Aztec soldiers. The Aztec people were religious individuals who related everything in their life with religion including sickness, death and success. As a result of their many gods, they thought the Spanish were one of their gods and hence welcomed them in their empire and exposed them to their lifestyle and once the Spanish had learnt enough about the Aztec people, they easily conquered them without using much military force or personnel. The Spanish brought with them diseases like measles when they came in 1519 to Aztec. Since the Aztec people had no developed technology in medicine and relied on herbal doctors who had no idea what measles what or even how to cure it, many Aztecs died of the disease and the remaining were too weak to fight the conquers hence it was easy for the Spanish to defeat them. The

Public Relation Writing Assignment Example | Topics and Well Written Essays - 1250 words

Public Relation Writing - Assignment Example ‘Fake news’ items are deliberate hoax stories intended for public relations and may not necessarily be true or entirely true; they are meant to sway public opinions concerning certain individuals, businesses, products or firms, among others. For instance, an example of a news item that could pass for a fake news item is from the Washington post as reported on sixth of June 2013 concerning how Wells Fargo settled complaint on foreclosed homes (Douglas). This news article is clearly a ‘fake’ news article passed on through the newspaper as a PR stunt, to market the corporate to the public; the anticipated positive feedback from such a news item is good for business at the company. This news item strikes as fake news because it is only reporting the positive deeds by Wells Fargo in terms of settling the allegations of foreclosed homes, while vindicating the company from any blame. Q.2 Newspapers often localize some of their news items to particular audiences in particular places such as cities and towns; the Washington post as published on sixth of June 2013 has various news items that have been localized to certain audiences. For instance, the Philadelphia story about the six people that were killed when a building that was being demolished collapsed on Wednesday is an example of a national story (Associated Press). This particular news item is a national story that has been localized for people of Philadelphia because it directly concerns their state, and not any other in America. The news item begins with a headline that mentions the state of Philadelphia, then presenting the news; this tagging of news indicates that the news concerns Philadelphia in particular. The news mentions the families of the six victims that perished in the building that collapsed and efforts made to reach them in consolation for the loss of their loved ones. Q.3 The Washington post as published on sixth of June 2013 reports of the use of social media by the Nat ional Security Agency to collect secret information from around the world. The National Security Agency gathers information from social sites and service providers such as Google, Microsoft, Yahoo, Facebook, PalTalk, Skype, YouTube and Apple, among others (Gellman). The use of social media is an effective way of gathering information that is vital for maintaining national security, and according to the Director of National Intelligence James Clapper, the information collected is the most valuable and important foreign intelligence. Q.4 Hard news stories in newspapers are mostly about topics such as politics, business and international news; however, some heavily reported news stories about what can be considered soft subject matter such as entertainment can be considered hard news. In this regard, the seriousness of the story reported in newspapers may determine whether it can be considered hard or soft news; from the Washington post as published on sixth of June 2013, there are var ious hard news stories. For instance, what can be considered as a hard news story is the story about Romney mixing business and politics in his tour to the Park City during the Uttah conference (Horowitz). The news story provides details of Romney’s interactions with John Schoenfeld who spent time assessing investments of Solamere Capital, a company co-founded by Romney’

John lewis Essay Example | Topics and Well Written Essays - 1750 words

John lewis - Essay Example Through analysis it is found that there are only three to four factors that distinguish the market winners from the market qualifiers. Whereas in case of market qualifiers there are eight to nine factors. The market qualifiers and the market winners are also analysed with the different types of customer segments. The analysis indicates that customers who are considered as premium class are found to favour more the factors which are related to aspects aesthetic of the products, their quality, reliability and other factors like durability and serviceability. The analyses of the operational aspects indicate other processing time of the requests, there are as no other issues. Due to significantly long processing time the company is losing the loyal customers. This is the same reason for which the company is incurring significantly high cost per lead in the case of standard customers. Table of Contents Introduction 4 Analysis of the strategic and operational issues 6 Analysis of the strat egic issues 6 Analysis of the operational issues 10 Service delivery system used by John Lewis 10 Infrastructure used 11 Support to the market 12 Findings and conclusions 13 Reference List 14 Introduction John Lewis is a departmental store situated in London. ... Table 1: Market capitalization AEON Stores (Hong Kong) 3.82B Allied Consolidated Ltd 1.44M Alon Blue Square Israel Ltd 261.18M Arcandor AG 2.52M Arunjyoti Enterprises Ltd. 48.01M Ashley (Laura) Holdings PLC 18.13B Ashley (Laura) Holdings PLC NA Beale PLC 236.04M Belk Inc. 2.03B Bombay Swadeshi Stores Ltd. 99.16M Bon-Ton Stores Inc. 408.91M Briscoe Group Limited 519.58M C.P. Lotus Corporation 4.22B Century Ginwa Retail 2.23B China Resources NA China Seven Star Shopping Ltd. 175.87M China Seven Star Shopping Ltd. NA Convenience Retail Asia Ltd. NA David Jones Limited 1.31B David Jones Limited NA John Lewis 2.5B Source: (Chrol, 2011) The above table indicates that these are the major competitors of John Lewis. The major competitors are chosen on the basis of the size of the competitors. The competitors denoted above have more or less the same size in terms of asset. John Lewis serves to wide range of customers. The different types of customers and their respective percentages are repres ented in the graph below. The types of customers are denoted by the types of products and types of services. Fig 2: Division of customer segment Source: (Bajaj, 2001) The customer segment is denoted with 7 different segments. The highest number of factors is found across the electrical appliances sector due the fact that the data are taken from the quarterly sales. Due to non-availability of the sales figures for the different types of products and services on an annual basis, only the quarterly sales figures are considered. Analysis of the strategic and operational issues The strategic issues of the operations of John Lewis are analysed by identifying the customers and the market supplied by the