Tuesday, November 12, 2019
Evaluate the social and economic impacts of the ââ¬ËOne Childââ¬â¢ Policy in China Essay
Evaluate the social and economic impacts of the ââ¬ËOne Childââ¬â¢ Policy in China In the year 1979, China was suffering a severe increase in population, and because of this Deng Xiaoping (leader of the communist party of China) introduced China to an anti-natalist policy called the ââ¬ËOne Childââ¬â¢ policy. An anti-natalist policy aims to decrease the crude birth rate and the total fertility rate in a country in order to slow the population growth . This policy generated many social and economical impacts and in this essay I will talk about the social advantages of the policy, the social disadvantages, the economical advantages and finally the economical disadvantages. Firstly, the ââ¬ËOne Childââ¬â¢ policy has created social advantages in China, since the population growth rate decreased. Due to the fact that the ââ¬ËOne Childââ¬â¢ policy restricts women from only having one child in urban areas (there are some exceptions, like twins, lived in a rural area, if your child died then you can have another), this slowed down the crude birth rate and the total fertility rate. If Chinaââ¬â¢s population kept on growing at the same rate like it was before any policies were introduced they would have encountered problems with resources. Resources are limited and China only has a certain amount of land, food, natural resources and water. This policy lowered the pressure on the limited amounts of resources and enabled people to have enough food and water to have a good enough quality of life and not live in fright, that one-day there wont be enough food and water. Furthermore, if a couple follows this policy, they would be offered some incentives. These incentives include that they would have access to health services and the child would have an education . This is a great advantage because the child will have an education and can learn and develop as a person and hopefully have a higher chance of succeeding in life. Also, access to health services is a great benefit because some families wouldnââ¬â¢t be able to afford health services. It will make sure that the family will be healthy and hopefully live longer. Women will receive education about having a child and will receive free contraception. With this, we can say that the ââ¬ËOne Childââ¬â¢ policy created social advantages to people living in China. Secondly, the ââ¬ËOne childââ¬â¢ policy also has produced social disadvantages inà China, like a gender imbalance and other social problems. Only having one child in a family can create some social problems with the child. Individuals who grew up, as single children as a result of Chinaââ¬â¢s policy were considerably less trustworthy, more risk-averse, less competitive, more pessimistic, and less conscientious individuals . Their social skills will be poor with other children since they have no siblings at home. The parents usually spoil the child since itââ¬â¢s the only child they have, this is how the name the ââ¬Ëlittle emperorsââ¬â¢ was created for an only child. Additionally, the male to female ratio has drastically leaded towards the male side. This is because parents prefer to have a boy rather than a girl because when the parents get older, they will have to depend on their sonââ¬â¢s wife to take care of them. If they had a girl then they wouldnââ¬â¢t be able to move in with their daughter because the daughter will look after her husbands parents rather than her own parents. This has a created a gender imbalance (for every 6 boys born in China, there are 5 girls) in China and has caused many older men to have no partner due to the simple fact that there arenââ¬â¢t enough women for the amount of men. In addition, there are some cases where unwanted girls are abandoned or aborted even though it is illegal in China. These children will have to be adopted or go to an orphanage. Child trafficking is at a record high in China and for the purpose of exploitation, which is a human right violation. Since there is a fall in the crude birth rate and total fertility rate there is going to be a greater gap between the younger population and the ageing population, which will mean that China could become a ageing population instead of a stable population. As we can see, Chinaââ¬â¢s ââ¬ËOne Childââ¬â¢ policy has made many negative social impacts in China. Thirdly, economic advantages of the ââ¬ËOne Childââ¬â¢ policy are seen in China with a clear economic growth in China. It costs quite a lot to raise one child and itââ¬â¢s not easy to raise another child and therefore families will save money by only having one child. It is also believed that the ââ¬ËOne Childââ¬â¢ policy is benefitting the economic future of China because it aids to improve the living standards and saves a lot more resources as I said before. Furthermore, the policy also reduces unemployment in China because there will be more jobs available to people since there will be a decrease in population. This will allow most people to have a job and earn more moneyà and therefore their standards of living will be better. The ââ¬ËOne Childââ¬â¢ policy has had some positive economic impacts on China and the living quality for the Chinese. Fourthly, the ââ¬ËOne Childââ¬â¢ policy has generated negative economic impacts on China. Older generations are dependent on the younger generations. The one child that is economically active is going to need to take care of his/her parents. However, if the one child is unable to take care because they donââ¬â¢t have a job, his/her parents will then face a very tough end of their life with very few resources. Also if you do have more than one child then you will receive a fine of a certain amount (depends on which province you live in), which can affect the family. The ââ¬ËOne Childââ¬â¢ policy has so far created these negative economic problems on China. In conclusion, the ââ¬ËOne Childââ¬â¢ policy has generated positive and negative social and economical impacts. I think that the policy is doing what it should be doing to Chinaââ¬â¢s population, which is lowering it and slowing down the growth rate. China would be close to 2 billion people right now if the policy wasnââ¬â¢t introduced in my opinion, instead of its current population 1.3 billion . Word Count: 1063 Bibliography allgirlsallowed (Director). (2011). Statistics About Gendercide and the One-Child Policy [Motion Picture]. Fozzard, H. (2011, May 18). One Child Policy Incentives: Support for the Family. Retrieved October 1, 2013, from shenzhenparty: www.shenzhenparty.com/abpo-one-child-policy-incentives-support-for-the-family Google. (2012). chinaââ¬â¢s current population. Retrieved October 1, 2013, from Google: https://www.google.ch/search q=chinaââ¬â¢s+current+population&rlz=1C5CHFA_enCH545CH546&oq=chinas+current+po&aqs=chrome.1.69i57j0l5.4406j0&sourceid=chrome&espvd=210&es_sm=91&ie=UTF-8 Guinness, P. (2011). Patterns and Change. Cambridge: Cambridge University Press. Monash. (2013, January 11). The effects of Chinaââ¬â¢s One Child Policy on its children. Retrieved October 1, 2013, from monash.edu: http://www.monash.edu.au/news/show/the-effects-of-chinas-one-child-policy-on-its-children Schwarz, T. (2010, October 5). Anti-natalist Policies. Retrieved October 1, 2013, from Geography IBHL: http://zisgeography.wordpress.com/2010/10/05/anti-natalist-policies/
Sunday, November 10, 2019
Haw Par Value Chain & Financial Ratios Analysis Essay
1. PART ONE 1.1 Introduction Haw Par Corporation Limited is a multinational corporation engaged in healthcare, leisure businesses securities and real estate investment, among which we will mainly focus on Haw Parââ¬â¢s traditional business sector-the healthcare segment, which includes 9 subsidiaries (Annual report, 2010). Based on revenues generated and locations of manufacturing facilities, two prominent geographical markets, Asia and America, are selected for discussion. We will look into the competitive environment of the corporation, and the generic strategies adopted to survive in the environment. Then we will investigate operations within Haw Par by analyzing its value chain activities, and propose improvements to enhance its competitive advantages. Lastly, we will identify the top risks imposed to the corporation. 1.2 Competitive Environment ââ¬â Michael Porterââ¬â¢s Five-Forces Model 1.2.1 Threat of New Entrants Initial capital requirement of entering the healthcare industry is high, including investment in property, plant, equipment and research and development. Moreover, compliance burden with various regulations is heavy, as illustrated by the warning letter received by Haw Par from the Food and Drug Administration (FDA) in the US. Besides, its scale of business, well-establish brand and distribution network are difficult to imitate. Thus, the threat of new entrant is low. 1.2.2 Threat of Substitute Currently, Haw Parââ¬â¢s healthcare products mainly consist of traditional herbal medicines and newly developed chemical products. The substitutes of herbal medicines are mostly western chemical medicines. We can see that Haw Par is actively responding to the challenge of chemical medicines. However, the existing pharmaceutical companies are very strong, and their products are more competitive on the whole. Therefore, the threat of substitutes is medium. 1.2.3 Bargaining Power of Buyers The products of healthcare division are mainly traditional Chinese medicine oil and its related products, as well as muscle rub, spray and gel (Hooverââ¬â¢s, 2011). As the products are generally medications for daily use, the majority of buyers are individual consumers. Hence, the buyersââ¬â¢ bargaining power is weak. However, if the buyersââ¬â¢ group is large, for example, wholesalers or retailers, the bargaining power of buyer could be moderate or high (ME Porter, 2000). 1.2.4 Bargaining Power of Suppliers Due to Haw Parââ¬â¢s broad product lines, it would have contracted with vast suppliers for the procurement of various crude materials. The main ingredients are common Chinese medicines (Alternative Health Supplies, 2005). The company may choose from a wide range of suppliers. In general, bargaining power of suppliers is low. 1.2.5 Industry Competitors Haw Par has distinguished itself from small and medium size medicine oil businesses by its branding and broad market distribution, yet it is still involved in intense competition with business of comparable market share, for example, Biosensors International and Sun Pharmaceutical Industries Limited which is a main competitor both in Asian and American market. In 2010, Sun Pharmaceuticalââ¬â¢s deal with Taro Pharmaceutical Industries boosted Sunââ¬â¢s dermatology and topical products in U.S which might deeply affect Haw Parââ¬â¢s extension market. Generally rivalry among existing firms is high (Hooverââ¬â¢s, 2011). 1.3 Competitive Strategies ââ¬â Michael Porterââ¬â¢s Three Generic Strategies The general global economic climate took a favorable turn in 09-10, boosting the consumer confidence. On the other hand, the competitive environment of the business is challenged by the intense competition and rising costs (PM Danzon, 2000). To enhance the performance of the business, Haw Par had responded ââ¬Å"by introducing more products that will appeal to a larger group of consumers and by conducting more intensive marketingâ⬠(Wee Cho Yaw, 2010). The generic strategy adopted by the business is focus differentiation. The business focused on selective markets and products to raise entry barrier. For example, Haw Par launch a new product in 2011ââ¬âTiger Balm Active Muscle Rub which focused on a certain buyer segmentââ¬âsporting enthusiasts. It also endeavored to distinguish itself by branding as well as adding uniqueness and value to products. One such example comes from Tiger Balm Medicated Plaster, a product with combined functions of energizing body and relieving pains. To do branding, Haw Par increased popularity by sponsoring public events such as marathons in Singapore, and advertising in national magazines in America (Haw Par, 2010). Besides, it also undertook social responsibility by contributing to charities, such as organizing the fundraising event ââ¬Å"The Tiger Balm Record Roarâ⬠which supported the Society for the Physically Disabled (Haw Par, 2010). This focus differentiation strategy helped lower the degree of substitutability of other companiesââ¬â¢ products and reduce the level of competition. 1.4 Top Three Business Risks The top risk was the intense competition from existing companies, as this would directly affect the percentage of market share owned by Haw Par, and hence its profitability. The second risk was the rising cost of raw materials, which was also an industry-wide problem that might limit a companyââ¬â¢s development. Another risk was the failure of compliance with regulations, which had only emerged in the US market, but certainly reflected defects in Haw Parââ¬â¢s internal control. 1.4.1 Intense Competition from Existing Companies Haw Par Corp Ltd faced strong competition from a number of multinational corporations. According to the Competitive Landscape Singapore, in 2011, Haw Par ranks the third in the healthcare sector for market capitalization. The companies listed in Appendix 1 are the major competitors of Haw Par Healthcare Limited in Singapore. Besides, although Haw Parââ¬â¢s healthcare products were distributed to 150 countries via 70 distributors, it still faced high risk from competitors which could render its market share shrink in the health-care area (Haw Par, 2010). To mitigate this risk, Haw Par managed to boost its market shares through improvement of Tiger Balm brand by advertising, sales promotions and the extension of manufacturing line. Another strategy adopted was to diversify product line to broaden customer choices so that consumers would be more likely to choose Haw Parââ¬â¢s product and hence this risk would be minimized. 1.4.2 Increase in Costs of Raw Materials Due to upwards general inflationary pressure, unit price of herbal materials for traditional Chinese medicine was expected to rise. Haw Par also expressed serious concerns in its annual report on rising costs of raw materials and operating activities that would erode its profitability in healthcare sector. This would be one of the reasons why gross profit slipped 3.52% while net profit raised 88.50% in 2010, compared with 2009. To neutralize the negative impact, Haw Par put emphasis on expanding its product portfolio to cater for more customers (The edge, 2011). 1.4.3 Failure to Comply with Regulations and Provisions When Haw Par was expanding its market in foreign countries, it faced challenges in conforming to the different regulations and standards. For example, an inspection on Haw Parââ¬â¢s manufacturing facilities by FDA, discovered ââ¬Å"significant violations of Current Good Manufacturing Practice regulations for finished pharmaceuticalsâ⬠(FDA, 2010). Failure of conforming to regulations would pose a potential threat of being banned in specific markets, which would negatively affect revenue, brand image and social acceptance. To mitigate this risk, Haw Par shall immediately review the unqualified production and procurement practice while proposing appropriate remedies. Furthermore, Haw Par shall also seek opportunity to make appeal to the public so as to restore and conserve its corporate image. 1.5 Value Chain Activities ââ¬â Primary Activities 1.5.1 Inbound Logistics For Haw Parââ¬â¢s health-care segment, inbound logistics contains management of raw materials, inventory control, warehousing and even returns to suppliers. Efficient inventory management system is an essential factor in boosting profits for Haw Par, by enhancing efficiency and thus reducing expenses. 1.5.2 Operations In the operating process, value is created through transforming the raw materials into final products. Unfortunately, Haw Par Healthcare was warned by FDA about mislabelled products and inadequacies (FDA, 2010). In this case, Haw Par failed to show itself ââ¬Å"to be capable to detecting potential impuritiesâ⬠. Therefore Haw Par Healthcare should improve its testing and packaging operations, so as to maintain its product quality to secure current market position (CBS Interactive, 2010). 1.5.3 Outbound Logistics Though possessing a worldwide distributing network covering 70 countries, Haw Par continued expanding its markets. Nevertheless, Haw Parââ¬â¢s healthcare manufacturing facilities were centralized in its major markets, so as to reduce the costs and improve the overall efficiency. 1.5.4 Marketing and Sales Haw Par focused on marketing activities to boost sales and build brand image, as discussed in competitive strategies. According to the General Manager Ah Kuan Han, Haw Par would intensify substantial advertising activities to enlarge consumer bases (The Business Times, April 1st 2010). According to the horizontal analysis of income statement, the sales and marketing expense increased by 6.00% in 2010. Furthermore, with the already widespread fame, Haw Par was striving to expend its market in UK, America, Caribbean and other parts of world through its comprehensive marketing and sales strategies (The Business Times, 2009). 1.5.5 Service Haw Par has built the Tiger Balm website to facilitate serving its customers. The website provides a wide range of information about its products. Haw Par also provides experience sharing service on its website, through which past users can share their experience with others. 1.6 Value Chain Activities ââ¬â Support Activities 1.6.1 General Administration A strong and effective board of directors would bring Haw Par to success, by supporting the whole Haw Par Corporation through the activities including planning, general management, risk management, and so on. Good management and information systems would increase operating efficiencies as well as improving the companyââ¬â¢s image. 1.6.2 Human Resource Management Haw Par has been recruiting a large pool of staffs. More significantly, Haw Par emphasized on maintaining high quality employees, as evidenced in its advertisement of hiring o-level and above diploma holders as laboratory technicians. (Jobstreet.com, 2011) 1.6.3 Technology Development Haw Par has been actively engaged in technology development, indicated by its ââ¬Å"launching of line extensions on a slate of new products that would address lifestyle needs of modern consumersâ⬠(Haw Paw, 2010), which would secure Haw Parââ¬â¢s long term competitiveness in the market. Yet Haw Par shall continue its efforts in innovation to further strengthen market power and improve efficiency. 1.6.4 Procurement As the ingredients of Haw Parââ¬â¢s product are mainly traditional herbs supplied from China, India and Malaysia, the cost of materials from these suppliers is relatively low. However, the procurement activity still needs to be further improved. As mentioned above, Haw Par received a warning letter from FDA which identified a problem of unqualified suppliers. Thus, apart from outsourcing cheaper raw material from suppliers, Haw Par should keep monitoring its suppliers regularly to ensure reliability. 2.2 Financial Ratios Analysis The following sessions will assess the profitability, liquidity (including operating efficiency) and solvency of Haw Par in 2009 and 2010, and account for any substantial fluctuation emerged, through analyzing relevant financial ratios respectively. One of Haw Parââ¬â¢s major competitors ââ¬â Sun pharmaceutical industries Ltd. is also referred to for comparison. 2.2.1 Profitability Analysis Ratios adopted here include net profit margin, gross profit margin, return on assets, return on equity and earnings per share. The net profit margin of Haw Par nearly doubled from 46.10% to 86.90%. Such a rise is aligned with the increase in sales revenue from $124m to $130m, mainly due to the recovering global economy. As the International Monetary Fund (IMF) stated, the world real GDP growth is 1.4% and 2.5% for 2009 and 2010 respectively, while for Asian countries the growth was estimated to be 5.5% and 7.0% (Michael Mussa, 2009). As an Asian company, Haw Par has benefited greatly from the economic recovery. However, the gross profit margin displays a slight decrease from 58.25% to 56.20%. This can be partially attributed to rising material costs and operating expenses. Haw Par reported a 7.51% increase in costs of sales while Sun Pharmaceutical reported a 28.3% rise in the costs of sales. Consistent with the trend shown in profit margins, the return on assets, return on equity and earnings per share ratios are also nearly doubled, owing to a better economic environment. Though the total assets and ownersââ¬â¢ equity increased due to the market expansion in America, the increase is insufficient to offset the effect of a strong rebound in net income. In short, ratios concerning the profitability manifest a rising trend, and thus we conclude that Haw Parââ¬â¢s profitability has improved from 2009 to 2010 by tapping the opportunity of the warming global economic climate. It also outperformed its competitor, Sun Pharmaceutical, which reported an 8.62% fall in income from operation in 2009-2010(Sun Pharmaceutical, 2010). 2.2.2 Liquidity and Efficiency Analysis Ratios adopted here comprise of current ratio, quick ratio, assets and fixed asset turnover, inventory and receivable turnover, average days in inventory, and average days of receivables. Quick ratio and current ratio are used to assess groupââ¬â¢s ability to pay the current liabilities due within one year. The current ratio of Haw Par dropped from 12.57 to 12.09 because of the fair value losses in its investment in United Overseas Bank Limited and disposal of available-for-sale financial assets (Haw Par, 2010). However, the quick ratio, a more stringent measure on liquidity, indicated a rise from 2.70 to 3.31. The contradictory result is actually justifiable on the basis of the very reasons just mentioned. Due to an increase in cash and net accounts receivable, the quick ratio increased, it can be concluded that Haw Par demonstrated a greater capability in meeting its short term bond obligations. The assets turnover and fixed assets turnover ratios assess the groupââ¬â¢s ability to generate revenue for each dollar invested in assets and fixed assets respectively. Haw Parââ¬â¢s assets turnover experienced a slight drop from 0.07 to 0.06, while its fixed assets turnover increased from 2.73 to 2.91. Possible explanation would be the groupââ¬â¢s heavier investment in subsidiaries and inventories, which increased the total assets, resulting in lower asset turnover ratio. Since the fluctuations on both indicators are insignificant, it is unconvincing to say that Haw Parââ¬â¢s management efficiency improved. The inventory turnover ratio and average days in inventory assess how fast the company is selling its inventories. From 2009 to 2010, the inventory turnover declined from 8.19 to 7.41 and average days in inventory lengthened from 44.59 to 49.29. This is attributed to a 52.30% increase in inventory. These two indicated that Haw Parââ¬â¢s inventory management became less efficient. However, Haw Par might have accumulated inventory purposely to counteract the negative impact of rising raw material costs. The receivable turnover and average days of receivables both indicated the improved efficiency in collecting receivables. While the receivable turnover rose from 6.17 to 6.99, the average days of receivables fell accordingly from 59.20 to 52.23 days. It is discussed earlier that sales revenue increased sharply. Besides higher sales revenue, another factor accounting for this may be a better economic situation under which fewer customers face liquidity problem. In all, though its current ratio decreased slightly, Haw Par still retains its ability to cover short-term debt. However, there is still room for Haw Par to enhance its operating efficiency. It may improve the inventory and receivable management system to boost its business performance. 2.2.3 Solvency Ratio Analysis Ratios adopted for solvency analysis are debt to assets and cash acquisition. The debt to asset ratio reflects the degree of reliance on creditor finance. Haw Parââ¬â¢s debt to asset decreased from 0.047 to 0.045, indicating Haw Parââ¬â¢s improvement of financing strategy by financing more on equity. Two possible explanations for that change may be: (1) Sufficient cash flow allowed Haw Par to rely less on loans. (2) The promising trend in economy helped restore confidence of shareholders who in turn invested actively, as evidenced by the rise in share capital. The cash acquisition ratio nearly doubled from 5.92 to 9.40. The numerator, net cash from operation, plummeted by more than half; however, the denominator, cash paid for PPE, fell more dramatically by two thirds. The two fluctuations as a whole resulted in a rise in cash acquisition ratio, giving a positive indication on Haw Parââ¬â¢s solvency situation. As the two ratios suggested, it seems plausible that Haw Par has improved its solvency. However, its competitor Sun Pharmaceutical, with the debt to assets ratio of merely 0.026, has outperformed Haw Par in solvency. It is still possible for Haw Par to improve further. 3. CONCLUSION To conclude, though benefited from the overall economic recovery, Haw Par was also surrounded by risks and challenges in the competitive environment. However, it has been actively engaged in product innovation and adopted pertinent strategies, especially in marketing sector. Haw Parââ¬â¢s responses were fairly effective in tackling the above-mentioned problems, as proven by its successful financial year. So far, Haw Par has been tapping the benefits of economies of scale, enjoying the opportunities in the emerging Asian market and taking advantage of the global economic recovery. Yet in the contestable market where the barrier to entry is minimal in the long run, Haw Par should continue to strive hard so as to maintain its competitiveness in the ever-changing business world.
Thursday, November 7, 2019
Trifecta Not Always Appropriate
Trifecta Not Always Appropriate Trifecta Not Always Appropriate Trifecta Not Always Appropriate By Maeve Maddox Libby Lewis wonders about the different meanings of trifecta.: I had a student use it in a paper addressing racial discrimination: the United States ever growing trifecta of white, black, and brown. another student cited an article from MuscleMag magazine entitled Your Tri-Fecta for success.Can this word be used as a general reference to any trio? First lets look at the term perfecta. The OED identifies the gambling term as chiefly U.S. and defines it as a bet that requires the bettor to predict, in the correct order, the first and second finishers in a race. In New York state, this kind of bet is called an exacta. The OED entry for trifecta identifies it as a betting term used principally in North America, Australia, and New Zealand. Its a recent (1971) addition to English and derives from American Spanish perfecta which is a shortening of quiniela perfecta, perfect quiniela. Quiniela, game of chance. Entertainment writers were probably the first to use the word trifecta to mean any three awards won by an artist: Joe Lovano hit the trifecta at the Jazz Awards, with wins for tenor saxophonist, small ensemble and record of the year, but pianist-composer Vijay Iyer walked off with musician of the year honors They may also have been instrumental in turning trifecta into a mere synonym for three or trio. Howââ¬â¢s this for a musical trifecta: the intriguing guitarist Charlie Hunter, the swinging Vanguard Jazz Orchestra and the imposing saxophone/drums/bass trio known as Fly. Some writers use trifecta in any context in which three of anything figure: Marchesa actually had a trifecta of successes. Marchesa is a fashion house and three women wore its designs to the Emmy awards. Jerrod Niemann Completes a Country Music Trifecta Niemann is going to play at the Grand Old Opry. Hes already played at two other venues on his wish list. Blue Spur eatery up for awards trifecta The restaurant has won the award twice before. MGM Recipients Achieve MacArthur Trifecta Andrea Ghez won the Maria Goeppert Mayer Award in 1999. She was the third woman to win this award, hence the trifecta in the headline. Its probably a reasonable extension of the word trifecta to use it to refer to the winning of a trio of awards as here: McMurray gave Ganassi his first Daytona 500 win in February. In May, Dario Franchitti won the Indianapolis 500 in one of Ganassiââ¬â¢s cars. On Sunday, Ganassi hit the unprecedented trifecta. No other car owner has won all three major races, much less in the same year. Used willy-nilly to mean three of anything, however, it smacks of lazy writing. Its use is especially inappropriate in this New Republic piece about the automotive industry: GM, Ford, and Chrysler are taking precisely the sorts of steps everybody says are necessaryor, at least, they were taking those steps until an unexpected trifecta of high gas prices, vanishing credit, and a deep recession hit. The word trifecta implies winning. High gas prices, vanishing credit, and a deep recession hardly fit the connotation. Here are some other three words to consider, depending upon the context: trio triple triad trilogy tripartite triplet troika Want to improve your English in five minutes a day? Get a subscription and start receiving our writing tips and exercises daily! Keep learning! Browse the Misused Words category, check our popular posts, or choose a related post below:Compared "to" or Compared "with"?What is Dative Case?Drama vs. Melodrama
Trifecta Not Always Appropriate
Trifecta Not Always Appropriate Trifecta Not Always Appropriate Trifecta Not Always Appropriate By Maeve Maddox Libby Lewis wonders about the different meanings of trifecta.: I had a student use it in a paper addressing racial discrimination: the United States ever growing trifecta of white, black, and brown. another student cited an article from MuscleMag magazine entitled Your Tri-Fecta for success.Can this word be used as a general reference to any trio? First lets look at the term perfecta. The OED identifies the gambling term as chiefly U.S. and defines it as a bet that requires the bettor to predict, in the correct order, the first and second finishers in a race. In New York state, this kind of bet is called an exacta. The OED entry for trifecta identifies it as a betting term used principally in North America, Australia, and New Zealand. Its a recent (1971) addition to English and derives from American Spanish perfecta which is a shortening of quiniela perfecta, perfect quiniela. Quiniela, game of chance. Entertainment writers were probably the first to use the word trifecta to mean any three awards won by an artist: Joe Lovano hit the trifecta at the Jazz Awards, with wins for tenor saxophonist, small ensemble and record of the year, but pianist-composer Vijay Iyer walked off with musician of the year honors They may also have been instrumental in turning trifecta into a mere synonym for three or trio. Howââ¬â¢s this for a musical trifecta: the intriguing guitarist Charlie Hunter, the swinging Vanguard Jazz Orchestra and the imposing saxophone/drums/bass trio known as Fly. Some writers use trifecta in any context in which three of anything figure: Marchesa actually had a trifecta of successes. Marchesa is a fashion house and three women wore its designs to the Emmy awards. Jerrod Niemann Completes a Country Music Trifecta Niemann is going to play at the Grand Old Opry. Hes already played at two other venues on his wish list. Blue Spur eatery up for awards trifecta The restaurant has won the award twice before. MGM Recipients Achieve MacArthur Trifecta Andrea Ghez won the Maria Goeppert Mayer Award in 1999. She was the third woman to win this award, hence the trifecta in the headline. Its probably a reasonable extension of the word trifecta to use it to refer to the winning of a trio of awards as here: McMurray gave Ganassi his first Daytona 500 win in February. In May, Dario Franchitti won the Indianapolis 500 in one of Ganassiââ¬â¢s cars. On Sunday, Ganassi hit the unprecedented trifecta. No other car owner has won all three major races, much less in the same year. Used willy-nilly to mean three of anything, however, it smacks of lazy writing. Its use is especially inappropriate in this New Republic piece about the automotive industry: GM, Ford, and Chrysler are taking precisely the sorts of steps everybody says are necessaryor, at least, they were taking those steps until an unexpected trifecta of high gas prices, vanishing credit, and a deep recession hit. The word trifecta implies winning. High gas prices, vanishing credit, and a deep recession hardly fit the connotation. Here are some other three words to consider, depending upon the context: trio triple triad trilogy tripartite triplet troika Want to improve your English in five minutes a day? Get a subscription and start receiving our writing tips and exercises daily! Keep learning! Browse the Misused Words category, check our popular posts, or choose a related post below:Compared "to" or Compared "with"?What is Dative Case?Drama vs. Melodrama
Tuesday, November 5, 2019
The 10 Biggest Mistakes of Unsuccessful People
The 10 Biggest Mistakes of Unsuccessful People Sometimes being successful is a simple matter of not being unsuccessful- not making the kind of blunders and mistakes that unsuccessful people make. If itââ¬â¢s too daunting to try and mimic someone elseââ¬â¢s success, try simply avoiding other peopleââ¬â¢s failures. Here are 10 traits that describe people who rarely, if ever, get ahead. If one or two of these sound like you, see if you can tweak your habits. If youââ¬â¢re guilty of more than half, youââ¬â¢ve got problems, but at least youââ¬â¢ll know what needs to change!1. Theyââ¬â¢reà prone to distractionIf you canââ¬â¢t focus on the task, problem, situation, or conversation at hand, youââ¬â¢re going to fail at something, sooner or later. Donââ¬â¢t pick up your phone in the middle of a meeting. Donââ¬â¢t start checking Facebook when you should be finishing that report. Single-task until you get a single thing done. Then do the next thing.2. Theyââ¬â¢reà all talkSure youââ¬â¢ve got great p otential, lofty goals. Do yourself a favor and donââ¬â¢t broadcast them. Try keeping your cards closer to your chest. What you can broadcast is meeting those goals or achieving that success. Share when youââ¬â¢ve done something, not just when youââ¬â¢ve decided to think about doing something.3. Theyââ¬â¢re bad companyIf you want to be successful, hang out with successful people. If you want to get in shape, hang out with people who value fitness. Sometimes it really does matter who your friends are.4.à Theyââ¬â¢re always negativeDonââ¬â¢t be a hater. And donââ¬â¢t let small day-to-day annoyances get you so down that you become that person thatââ¬â¢s always complaining. Try to accentuate the positive, even in sucky situations.5. They procrastinateDonââ¬â¢t delay doing anything unless youââ¬â¢re certain you could do it better if you did it later. Otherwise, youââ¬â¢re just stalling. Get it done.6. They donââ¬â¢t listenYouââ¬â¢re not the only on e in the world. And your success is not the only important thing in the world. Listen to the people you love, and they will love you back. Spread the love around.7. Theyââ¬â¢re lazyThereââ¬â¢s a difference between being tired and being a blob. Try to make sure youââ¬â¢re not constantly talking yourself out of doing things (work, going to the movies, exercise, helping a friend) because you just donââ¬â¢t feel like it, rather than a legitimate excuse. Try to always be doing something better with your free time.8.à They donââ¬â¢t want to learnThe day you stop learning is the day you fail forever. Keep an open mind about the things you donââ¬â¢t know, and keep pushing yourself. Be humble in the face of a world full of new information- and let some of it inspire you to greatness. Hard work is good for you.9. Theyââ¬â¢re justà meanPlenty of not nice people make it to the top. That doesnââ¬â¢t mean you will. Not being nice means you will acquire enemies, rather than allies. Be kind. Make friends.10. Theyââ¬â¢re quittersIf you give up, then, well, you donââ¬â¢t deserve success. Next time you hit a roadblock, try running through this list and see if thereââ¬â¢s anything more constructive you could be doing- learning something new, making an ally, thinking positively, then find your way around the roadblock and keep going forward.
Sunday, November 3, 2019
Media representations and the palestinian experience of the intifadas, Research Proposal
Media representations and the palestinian experience of the intifadas, an oslo accords - Research Proposal Example The force with which the Intifada started and carried on for the last eight years shocked not only Israel, but indeed, all countries of the world. One of the consequences of this first Intifada was the international conference in Madrid. No matter how regularly the negotiators conversed in Washington and elsewhere throughout this time, Israel did not attempt to fulfill the fundamental requirements for peace. United Nations resolutions 242 and 338 were unexpectedly not suitable for Israel, not to mention Resolution 194, which demands for the right of refugees to come back. The Madrid Conference served to redirect the increasing public consciousness of Israel as an occupying authority with an aggressive, tyrannical, expansionist, colonialist, and racially prejudiced character. Two years later, the world was taken by shock at the declaration of the Oslo Accord, signed in September 1993. Whereas the world was deceived by "peace myth," the reality was something rather different. The main intention of Oslo was to kill the Intifada and to guarantee that Israel acquired as many political benefits as likely, all the while changing its identity into that of a peace-making country. Israel did not withdraw from the taken territories, as it had been decided upon at Oslo. Hebron was separated. An immense span of land was confiscated. Jerusalemites were strained to give up their residency rights. Settlements augmented at breakneck speed, which constructed the notion of Israeli pulling out almost impracticable. Lastly, Palestinian lands were divided into areas A, B, and C, constructing easily- controllable and easily-suppressible bantustans. Provided with all the confusion, the majority of Palestinians were waiting tolerantly for Oslo to bring back their national freedom which was lost over three decades ago. They were waiting for Oslo to carry peace as well as prosperity. They were expecting to see how they could at last move without restraint within and outside the
Friday, November 1, 2019
Three questions on sexual harassement Essay Example | Topics and Well Written Essays - 250 words
Three questions on sexual harassement - Essay Example For her statement would indirectly convey that she did not face serious sexual harassment, and thus she might not file a complaint if the related investigator finds such scenario. As per the The Equal Pay Act of 1963 (EPA), it is clearly mentioned that different pay to men and women working under similar situation and possessing similar qualification falls under sexual harassment. Because here it is proved that the only reason for such discrimination is made on the basis of different gender (U.S. Equal Employment Opportunity Commission, n.d.). But if it is proved that the salary has been differentiated based on qualification, then Jolene Carter shall not get a positive result from her complaint. On the same context, if it is found that there were no other reasons strong enough for such difference, it shall be accepted that her allegation can be considered as true. US Department of Transportation, (2001). Preventing Sexual Harassment. A Fact Sheet for Employees. Retrieved Online on October 25, 2010 from http://www.dotcr.ost.dot.gov/Documents/complaint/Preventing_Sexual_Harassment.htm U.S. Equal Employment Opportunity Commission, No Date. Title VII of the Civil Rights Act of 1964. Laws, Regulations, Guidance & MOUs. Retrieved Online on October 25, 2010 from
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