Nature Of The Transaction Accounting Essay

No, for the intents of this Standard, a dealing with an employee or other party in his/her capacity as a holder of equity instrument of the entity is non a share-based payment dealing. For illustration, if an entity grants all holders of a peculiar category of its equity instruments the right to get farther equity instrument of the entity at a monetary value that is less than the just value of those equity instruments, and an employee receives such a right because he/she is a holder of equity instrument of that peculiar category, the granting or exercising of that right is non capable affair to the necessities of this Standard ( AASB 2, Page 14, Para 12 ) . Besides portion based payments are those payments which are given on the footing of company ‘s equity or portions, nevertheless it does non merely relates to employers but besides to other stakeholders such as providers when they are counted as the receiver of the cost of goods and services. Answer 2-B Harmonizing to AASB2 ( p.11, para 4 ) â€Å" A share-based payment dealing may be settled by another group entity ( or a stockholder of any group entity ) on behalf of the entity receiving or geting the goods or services † . It alsoapplies to an entity that: ( a ) receives goods or services when another entity in the same group ( or a stockholder of any group entity ) has the duty to settlethe share-based payment dealing ; or ( B ) has an demand to settle a share-based payment dealing when another entity in the same group receives the goods or services, unless the dealing is doubtless for a ground other than recompense for goods or services supplied to the entity being paid them. Answer 2 C Harmonizing to AASB2 ( 119 ) employee fillips may be counted as a portion based payments. However it may be portion based or employee benefited. Share options or other equity instruments are granted to employees as portion of their wage bundle, in add-on to hard currency wage and other employment benefits. Normally, it is non possible to mensurate straight the services received for peculiar constituents of the employee ‘s wage bundle. It might besides non be possible to mensurate the just value of the entire wage bundle independently, without mensurating straight the just value of the equity instruments granted. Furthermore, portions or portion options are sometimes granted as portion of a fillip agreement, instead than as a portion of basic wage, for illustration, as an inducement to the employees to stay in the entity ‘s employ or to honor them for their attempts inimproving the entity ‘s public presentation. By allowing portions or portion options, in add-on to other wage, the entity is paying extra wage to obtain extra benefits. It is really hard to gauge the just value of those benefits. Because of the trouble of mensurating straight the just value of the servicesreceived, the entity shall mensurate the just value of the employee services established by mention to the just value of the equity instrument arranged ( AASB2, P.14, Para 12 ) . Share based payments chiefly includes all executive option instead than merely employee benefits or employee fillips. Answer 2D- AASB2, P.13, Recognition 7 explains that â€Å" An entity shall recognize the goods or services established or get in a share-based payment dealing when it obtain the goods or the services are received † . The entity shall recognize a attendant addition in equity if the goods or services were established in an equity-settled share-based payment dealing or a answerability if the goods or services were get in a cash-settled share-based payment dealing. Answer 3- A corporate company when placing the portion based payments or portion options chiefly focus on complexness or the contentions which are at that place in acknowledging the disbursals portion options which involves issue of portion, portion options or other equity which can impact both employees and supplies ( other stakeholder in the company )For-Typically, an disbursal arises from the ingestion of goods or services. For illustration, services are typically consumed instantly, in which instance an disbursal is recognised as the counterparty renders service. Goods might be consumed over a period of clip or, in the instance of stock lists, sold at a ulterior day of the month, in which instance an disbursal is recognised when the goods are consumed or sold.Against-However, sometimes it is necessary to recognize an disbursal before the goods or services are consumed or sold, because they do non measure up for acknowledgment as assets. For illustration, an entity might get goods as portio n of the research stage of a undertaking to develop a new merchandise. Although those goods have non been consumed, they might non measure up for acknowledgment as assets under the applicable Standard. ( AASB, P.13, Recognition 9 ) . Most companies argue against a portion option disbursal acknowledgment and argument on whether the dealing is between the stockholders and the employers or it is between the entity and employees. Question arises whether employees really provide them services for the portion options that are given by the company or non. It may good be argued that the acknowledgment of the disbursals is inconsistent. Answer 4- The attack AASB usage for the rating of portion options is Fair Value attack. ( Deegan 2012, p.16, p.17, p.21 )Nature of the dealingSum at which the disbursal ( or plus ) and equity history are recognizedMinutess where the just value of the goods or services can be measured faithfully At the just value of the goods or services received Minutess with employees ( where there is a kept up premise that the just value of the services can non be measured faithfully ) At the just value of the equity instruments being granted In those ‘rare state of affairss ‘ where the just value of goods and services provided by non-employees can non be measured faithfully At the just value of the equity instruments being grantedPart B01/01 2012 Dr Salaries Expense ( 100000 * $ 0.90 ) $ 90000 Cr Share Options $ 90000 two 30/06/2012 Dr Employee benefits disbursals $ 15000 Cr Share Capital $ 15000 three 01/01/2015 Dr Share Options ( 100000 * $ 3.50 ) $ 350000 Cr Share Capital $ 350000 ( B ) 31st March 2012 Dr Goodwill/ Patents $ 40000 Cr Share Capital $ 40000 Justifying the above entry- Harmonizing to AASB ( explained in Para 12 ) â€Å" Transactions where the just value of the goods and services can be measured faithfully is the sum at the just value of the goods and services received, whereas minutess with the employees and where there is a kept up premise that the just value of the services can non be measured faithfully is the just value of the equity instruments being granted † .

The Antisocial Urbanism of Le Corbusier

The Antisocial Urbanism of Le Corbusier Antisocialism in Social Cities 002.png"/>Outline Social versus Antisocial CitiesIntroductionWhat is Socializing?Assorted types of SocializingPhases of Socializing by Richard Moreland and John LevineLe Corbusier vision toward metropoliss and unfavorable judgmentBodyCharles Fourier and Le Corbusier vision by Peter SerenyiArgument of Charles FourierFourier program in â€Å"The Social Destiny of Man†Worlds as Social BeingsCartesian method Vs. John LockeGeorg Simmel: Individuality and Social signifiersBlaise Pascal and Le Corbusier: pointless human relation shipsAntisocial aspiration and criminalismAlbert Camus: Public and private forceDecisionAntisocial City consequence on people lifeLewis Mumford: political and cultural association as chief subjects in the metropolisJane Jacobs: â€Å"people need other people†Sociable metropolis and its citizens: How could a metropolis survive with antisocial symptoms?Social versus Antisocial Cities Socialization is the process through which a individual acquires to bond to an assembly or civilization and act in a manner accepted and recognized by this group or society. Mentioning to most societal experts, socialisation fundamentally expresses the full method of civilization during the life sequence and is a chief inspiration on the public presentation, positions, civilization and activities of all ages. ( Encyclopedia Britannica, 2014 ) Richard Moreland and John Levine ( 1982 ) , proposed a typical method of an assembly socialisation which rely on the statement that people every bit good as groups modify their positions, appraisals and behaviour when interacting through clip. Moreland and Levine propose that an expected classification of stages which arises to let for an single to alter when being portion of a group. They differentiated five stairss of socialisation which indicate this alteration which are: enquiry, socialisation, preservation, resocialization, and memory. Pass ing by each degree, people assess each other through which an development or decrease in confidence to socialisation can be reached. Why metropoliss need socialisation while being a positive thing? Why do we follow it as a good construct through which people are involved in urban diverseness and chances? Is it indispensable for citizens to mix in their metropolis? These questions normally examined explicate the fact that people are non certain about the presence of socialisation in their metropolis. Additionally, people can non deny the negative impact on metropoliss that have an unorganised societal life that should be escaped. By analyzing the chief visual image of Le Corbusier toward the metropolis, these inquiries will be more elucidated. In his Plan Voisin from 1925, his vision involved the proposition of pulverizing the centre of Paris and replace it by towers following a certain grid without taking into consideration the bing surrounding and its historical importance in that country of the metropolis. This image is considered a utopic vision shaped to unite adult male with a well-organized environment follo wing certain regulations and guidelines. However, by making so, he isolated prosaic flow and paths from the roads and streets by overestimating the car as chief tool of motion in the metropolis. This vision is no more prefering the societal contact between the metropolis users who are losing the construct of socialisation by concentrating more on the uniformities of the modern metropolis more than the common bonds and their bounds. Seventy old ages of restated unfavorable judgment of Le Corbusier has been revealed refering socialising since he forgot that metropoliss occur to heighten this procedure. Le Corbusier was considered as a negligent and huffy individual as described by some newsmans. Charles Fourier, the nineteenth-century ideal philosopher was considered besides as an highly hopeless, individual, vagabond individual while being compared to Le Corbusier by Peter Serenyi. As a effect, they both detested human society. Actually, the chief statement presented by Charles Fourier is that societal interaction favor the aggressive behaviour among people since they are motivated by their antisocial passions so if they are obliged to populate together they tend to float apart ( Serenyi, 1967 ) . Fourier suggested in his bookâ€Å"The Social Destiny of Man†( 1808 ) , to divide the society into parts that encompass 16 hundred occupants per piece where each one live in studios, while populating a big house that he named a â€Å"phalanstery.† The result of each piece is monitored by a specialised director that he named the â€Å"areopagus, † who is besides responsible for the societal dealingss among the inmates. Subsequently, people will get down to kill each other after the inmates be isolated to new phalansteries. Serenyi claims that this manner of be aftering a society as the program of Fourier’s and the urban designs of Le Corbusier is decidedly a huffy manner of believing about society ( Serenyi, 1967 ) Zooming in into the architectural graduated table, what qualities shall an single possess in order to be a existent homo being? The dominant answer to this enquiry is that worlds are ab initio societal existences that behave consequently in a societal life in order to carry through their demands. Bing portion of this position, the personality is unsolidified and alterations when combined with human senses and common mechanisms as societal, cultural, and lingual where everyone articulation ( Richard, 2007 ) this manner of believing contradicts that of Descartes if we are to detect theDiscourse on Method( 1637 ) andMeditations on First Philosophy( 1641 ) , since societal engagement is removed from the procedure of happening truth. For Descartes, our motive to achieve opposite positions is the consequence of undependability that we found in when trusting on our senses. The chief intent of this manner of thought is to take people from what they acquired and experienced as old information in order to be able to specify precisely the truth that is behind each one of us. This purpose is sort of impossible since a individual can non deny the old history and behaviour scene that he used to and that are barricading his ability to acknowledge the kingdom. The most trustingly truth is found within each one of us and non following certain regulations and ordinances to make it. ( Richard, 2007 ) In contrast to Maslow pyramid where an indispensable degree in human being life is the belonging demand because people has a fright of purdah, they need to hold this sense that makes them more safe and secured. A human being ever brush alterations and procedure throughout his life that is interchangeable harmonizing to the society and clip factor and non a fixed entity. If a individual does non take part within his society, he or she won’t be able to be a to the full single. For Locke, socialisation is an indispensable procedure to go through through in each phase or one’s life. ( Locke, 1988 ) The German sociologist Georg Simmel, argues that sociableness is independent from a individual development. For him, an person is unable to make a cultural background unless he is involved in his society. ( Simmel, 1968 ) he stated that through being portion of a big group in the society helps developing the individualism of each individual since people within these groups hunt for common evidences between each other in order to collaborate and incorporate more by making meshing relationships. The chief purpose is clear: every bit long as a individual involves and interacts socially with his milieus and society, he or she discovers more about himself and develop more his individualism which would be besides reflected in the scenes of the metropolis. For Simmel, the border nowadays between individualism and collectivity is non a stable: a individual is neither an single animal nor a corporate 1. ( Simmel, 1968 ) hence, a impression has been ever used which is more complex, disordered, rich a society is the more it is able to supply its single with rich experience that is indispensable for the edifice of their ain development and strength. This methodological analysis indicates the importance of the procedure of socialisation in the advancement of a society. However this construct was non applied by everyone and some others found the demand to travel into and antisocial society. ( Richard, 2007 ) A metropolis theoretician would back up the thought of socialisation in the metropolis every bit long as he or she regards it as a positive mean for the metropolis. In contrast to Le Corbusier, who didn’t take into consideration this method. A protagonist of Le Corbusier manner of thought is Pascal’sPenseesin 1670. For Pascal, populating within a group and being attached to the society, people will be making tonss of activities that will deviate them from looking their ain truth and individualism. The lone account of one’s interaction with others is for this individual ain satisfaction and demands. Pascal provinces that relationships between persons are useless and meaningless. Since human qualities and behaviours change through clip therefore, single shall non blow their clip in understanding and cognizing more about others qualities and common evidences. Through purdah, a individual is able to analyse his or her ain ego without pass oning with others that would be obstructions for our true ego. Therefore, Pascal tries to convert to non trust on other people and go devoted to them. Le Corbusier denoted the manner of thought of Pascal when he was inspired about the societal life that he predicted in his programs for the metropolis of Paris. For him, remainder is when a individual spends more clip in his room in his purdah analysing his ain ego. He intended to coerce people to pass more clip in their room more than disbursement it with other people in other topographic points ( Richard, 2007 ) . The manner of thought of Le Corbusier indicates his vision of segregating people each one on his ain by prefering the clip they spend with their purdah. He had multilevel where the autos transit meets the prosaic to cut down common interaction between people. Other inside informations were thought of in order to perfectualize his vision such as making one floor that hosts a large kitchen that has the map of functioning all the suites, no public eatin g houses are available. Sound proofing walls are adding to cut down any noise coming from neighbouring cells. The proposed towers have a cross form to cut down ocular interaction between people. The lone positions to the exterior is nature as sky and verdure. As a drumhead, Le Corbusier insists on the fact that a individual should his ain infinite bubble where he is free to make whatever he desire without being disturbed from other interfering in his ain ego and purdah. However, this sort of individualism is insulating the metropolis from its users where the group construct is removed hence a metropolis would ne'er germinate and come on since each one is populating on its ain with no demand of others. However a group is able to act upon the metropolis and authorities determinations toward the metropolis users. As illustration the purposes to do a main road base on balls through users edifices in Mar Michael el nahr, Beirut, people started attesting against it and making runs to act upon the authorities determinations, individualism can ne'er work out such issues. However, Le Corbusier was non cognizant of these antisocial aspirations, neither their chief menace which is criminalism. Similarly an observation was done by Albert Camus to research the rate the grade of association of the antisocial manner of thought and public presentation of people while linking it with criminalism. â€Å"Every ethic conceived in purdah, implies the exercising of power† Camus provinces inTheJohnny reb( 1951 ) . There are different types of offenses as offense of passion, offense of logic that an antisocial individual detect. The chief thought of Camus was believing that rebellion is an indispensable component of life even if this rebellion might be reflected into force whether in ideas, in society or in individualism, this can non deny its importance. For him, revolution is sincere, every bit long as it does non transform the idea into act, nevertheless by making so, it is considered as a fixed action. Therefore, the rebellion must hold a manner that coexist along the boundary line half off from isolation and society. This shows how Le Corbusier was unable to hold on the menaces that a constructed antisocial metropolis would host. He is considered as more than an first-class designer at the architectural graduated table but when he started to believe on the urban graduated table, this is where the calamities started with him. Presents, metropoliss are valued and measured, without inquiry, depending on the grade of societal activity that they host par excellence. Therefore, holding an thought of making an antisocial metropolis, as a proposal by an urban contriver, is considered an foreign thought to the current ways of thought and behaving. That’s why the thoughts of modern theoretician and utopic manner of thought should be dismissed and replaced by the demands of the metropolis and its users ( Richard, 2007 ) . During the first half of the 20th century, Le Corbusier stressed on believing about metropoliss, nevertheless, in her bookThe Death and Life of Great American Cities( 1961 ) , Jane Jacobs, an urban economic expert who opposes wholly the antisocial vision of Le Corbusier, discussed that â€Å"real people are alone, they invest old ages of their lives in important relationships with other alone people, and are non interchangeable in the least. Severed from their relationships, they are destroyed as effectual societal existences — sometimes for a small piece, sometimes forever.† In other footings, being engaged in a condensed cyberspace of accountable societal interaction, people will be able to get characters and individualities. While observing an assembly of rambunctious kids in a communal undertaking, Jacobs stated that â€Å"these were anon. kids, and the individualities behind them were an unknown. . . . Impersonal metropolis streets make anon. people†¦ I think that people need other people.† One might see that merely in small towns, people demand other people and need to populate closely. However, the chief statement of Jacobs is that populating in metropoliss deliver a diverseness in relationships and interaction among people, this could go on merely if antisocial urban contrivers are out to picture the metropolis streets as â€Å"detached† and their users as â€Å"unidentified.† ( Richard, 2007 ) A relevant illustration could be mentioned is the local Lebanese purposes of devaluating the usage of autos in topographic points in the metropolis, such as the â€Å"Beirut By Bike† activity launched to prefer a more eco-friendly and human motions in the metropolis, a merriment chilling bike drive around Beirut.These activities serve as urban tools to promote societal inclusions, interaction and usage of the metropolis streets by the metropolis users. These activities are besides manifested in Tripoli where a biking event was initiated with a defined motorcycle flight from Maarad Rashid Karami as get downing point traveling to the waterfront and valance. A metropolis without its streets and a street without the metropolis users can non work. Similarly to the instance of Gemayzeh, Beirut, chief additive narrow street, it is a heavy strip in the metropolis and really active during the twenty-four hours and dark. What a metropolis needs is ever a human graduated table bed meshin g with its map, grid, substructure and other beds. The metropolis needs its users and frailty versa and the streets are the chief topographic points lying between the two where the extreme human societal activities should happen to do the metropolis map. Even though societal metropoliss has negative impacts on the users as prefering jobs, confronting more troubles and increasing complications, but its negative impact is able to be grasped more than that of the antisocial metropolis. That’s why making an antisocial metropolis is non a solution for the jobs encountered in a societal metropolis but a manner to increase its complications more. MentionsChief article:Richard, S. ( 2007 ) . The Antisocial Urbanism of Le Corbusier,TheUrban Reinventors, volume 13, issue ( 1 ) , pp. 50-56Jacobs, J. I2007 ) . What Makes A City? Planing for Quality of Space,IOS Press: Dutch capitalBeecher, J. & A ; Bienvenu, R. ( 1971 ) . The Utopian Vision of Charles Fourier, BeaconImperativeness: BostonCamus, A. ( 1978 ) . The Rebel An Essay on Man Revolt, Alfred A. Knopf: New YorkRichards, S. ( 2003 ) . Le Corbusier and The Concept of Self, Yale University Press: NewHaven and LondonSimmel, G. ( 1968 ) . Conflict and the Web of Group Affiliations, THE FREE PRESS:New YorkSerenyi, P. ( 1967 ) . Le Corbusier, Fourier, and the Monastery of Ema,Art Bulletin49.4,pp. 277 – 92.Locke, J. ( 1988 ) .Two Treatises of Government, erectile dysfunction. Peter Laslett ( 1690 ; Cambridge:Cambridge University Press, pp. 269 – 78, 283 – 302, 318 – 53.Pascal, B. ( 1670 )Pensees, trans. A. J. Krailsheimer, London: Penguin, 40,42, 43, 59, 275.

Its features and importance Essay

   Picture Gear Studio, DVgate Plus, Sonic Stage Other Giga Pocket PVR hardware and software with TV tuner card with remote control Support Policy One-year parts and labor warranty; 24-hour weekday toll-free support during warranty period. $19. 95 fee for phone support after 1-year warranty. Where is it available? What is its price? The SONY RS530G is available at any high end computer shop and also in the internet. Ordering this Desktop PC through the internet at eBay. com or PCExpress. com would come out cheaper than buying it here in the Philippines. Its price is $ 1850. 00 which leaves me with a total of $150. 00. The excess money I could use for extra accessories for the computer like other software’s may it be for leisure or education. III. Systems Ruled Out Obviously Workstations, Personal Digital Assistant (PDA), Mainframes, Mini-Computers and Super Computers were out of the question while choosing my preferred computer system. I don’t need a very powerful PC that is used for Computer Aided Design (CAD) nor Computer Aided Manufacturing (CAM). I don’t need a computer that would serve up to 70 users because most probably the maximum users that will be using my computer would be 3. Definitely minicomputers are out of my list for one thing they’re phased out. I don’t need a computer that would serve hundred of users at a time; I’m only a student and not a business so mainframes are crossed out of my list too. Besides mainframes are too complicated to handle as it is. Super computers on the other hand are used by businesses for task demanding extreme computing power especially in establishments for science like meteorology and finding out more on enzymes. PDA’s are too small plus it’s not practical for a student like me to buy a PDA just to set my schedule straight in school and take notes. I need a computer that would aid me in my studies just like a Micro computer. Micro computers hold floppy disk drives and CD-ROM drive or even a DVD drive that would help me in storing data need for my classes, reports and papers. It’s the most practical thing to get as of now because if I think of leaving within three years for the UK technology improves quickly and by then if ever I buy a laptop it would be phased out and it would be harder to up grade not like a desktop pc. IV. Conclusion I therefore conclude that at this time, as a student, it would be more practical for me to buy a Desktop PC that would help me in school work and at the same time entertain me for my free time. Laptops are doubled the price of a Desktop PC and is harder to upgrade unlike a Desktop PC. Usually Laptops are used by professionals who are on the go and need computers most of the time to make use of their time. References   Charles S Parker, Understanding Computers: Today & Tomorrow: 200 edition, Harcourt College Publishers www. villman. com   www. Amazon. com   www. eBay. com Note from taken from class   and gathered data from different stores :   PC Express   Stores in Greenhills Shopping Mall   Stores in Cybermall.

P2 IP1 Essay Example | Topics and Well Written Essays - 1250 words

P2 IP1 - Essay Example Accordingly, the following brief analysis will be concentric upon defining and discussing tell tale hallmarks of the manner through which each of these market structures operates. Firstly, perfect competition will be discussed. Naturally perfect competition only happens in a situation in which numerous difference firms are competing against one another for business. Furthermore, firms in perfect competition in a competitive industry will produce an optimal output at the minimum possible cost for the consumer. Even though this might seem as rather confusing wording, it stands to reason. When one considers the way in which the market and the consumer benefit from a situation in which firms are locked in continual competition, the analogy makes perfect sense. For instance, consider the restaurant market within most locations throughout the United States. Even though this is permeated by many branded entities that engage in competition within a variety of different markets, it is invaria bly made up of many local entrants to the market that are effectively locked in perfect competition with one another; representing a benefit to the consumer in the fact that their output is optimal and their costs are minimized. The ease of entry into such a market is better than any of the other models/structures that will be discussed. Comparatively, a quite dissimilar form of market structure is that the monopoly. The monopoly is obviously a situation in which a firm has no competition within the industry (Elzinga & Mills, 2011). Accordingly, such a structure necessarily reduces the overall level of output that a particular business entity might otherwise be capable of and drive up prices accordingly. As was referenced in the previous model, the overall level of societal good that can be represented within the monopoly is greatly decreased. Furthermore, this particular reality has an economic definition which is defined as deadweight loss. Due to the differential with respect to where the supply and demand curves me, this deadweight loss is a quantifiable economic term that can be presented in numeric form to the individual seeking to understand and define the monopoly. The ease of entry into such a market is all but nonexistent. Another type of market structure that is known to exist is defined as an oligopoly. The oligopoly is an industry with only a few competitive firms. A traditional definition of oligopoly includes a tacit understanding of the fact that an element of collusion is possible. Within such an element of collusive oligopoly, the firms that are â€Å"competing† agree to function as a singular entity as a means to drive up costs and represent a market structure that is similar to a monopoly. However, the situation represents the ultimate prisoners dilemma. The temptation not to cooperate and to undercut the competition by providing a lower price and/or a higher quality product/service to the consumer is enough to ensure that most oligo poly is still compete; albeit at least upon the surface. The ase of entry into such structure can be difficult if not impossible; due to the desire of the existing firms to keep any potential further competition at bay. The final market structure which will be discussed can be defined as monopolistic competition. The monopolistic comp

The Great Depression and the African American Community Essay

The Great Depression and the African American Community - Essay Example This is how Robin D.G Kelly Professor of Anthropology and African-American Studies at Columbia University, described â€Å"The Great Depression† in his book â€Å"Oh Freedom†. The book describes how the Depression affected all sections of society and more so the African Americans. Life during the Depression was extremely tough as people lived in abject poverty. Most of the African Americans lived in the rural areas and their living conditions were horrendous as they had lost all they had. It was the stock market crash that brought about the â€Å"Great Depression†. International trade declined sharply and had a great impact on industrialized countries, taxes, prices and profits. In the 20th century, the automobile industry has brought about sweeping changes by way of employment, modern infrastructure and good distribution. That is why the automobile is considered to be a â€Å"marvel of modern invention†. The African Americans who lived in the urban areas suffered badly doing manual labor to earn money for their sustenance.

Narrative situations to emulate Essay Example | Topics and Well Written Essays - 250 words

Narrative situations to emulate - Essay Example Thus, I usually have a very hectic time-table and rarely find time to go out for a walk. Today, everything seemed to be fine and I walked out of my apartment to enjoy an evening walk through the park. Everyone in the park appeared casual and normal - all of them engaged in something or the other. It was all customary about the park until my eyes met this young gentleman holding a mobile phone to his ears. I did never search anything odd about him, but everything to me was just that! From the moment I found something strange about his walking, I began to discern several odds about him, one after the other. He was too immersed in his telephonic conversation to have forgotten his immediate present and surroundings. He deviated from the pavement several times and ran into the other persons along for the ride, not one time but many a time. As I began watching him closely from a short distance, I noticed that his face looked very pale and he was going crazy at times. He seemed to be trying to convince someone with something or to argue over something very hot and terrible. At times he was out of words and his body talked more than his tongue. There was not a single person in that whole region who did not take a notice of that young guy who was sometimes horrible and the other times too calm.

Occupational Health and Safety Essay Example | Topics and Well Written Essays - 250 words - 3

Occupational Health and Safety - Essay Example Employees are also required to inspect hoses for leaks at every start of each shift. Further, hoses of oxygen and fuel gas, when taped together, should not exceed one-third of the entire length of the hose (osha.gov, 1996). Grease and oil are also potential hazards and OSHA requires that oxygen cylinders be kept away from grease or oil. Greasy clothes and oily surfaces should be kept away from getting in contact with oxygen cylinders, hoses or any other parts of the valves and regulators (osha.gov, 1996). The scenario showed that the cylinders were lying on the floor and were all stored together in the area. This poses a tripping hazard and greater tendency for the cylinders to roll and bump on each other. The smell of the room being similar to a nail-polish remover suggests that there is a leak in the acetylene cylinder. This suggests that the employee was not able to check the cylinders or the hoses for leakage. Further, the welder, not recognizing the smell is in a very dangerous situation because of the high flammability of acetylene. His activity of chipping the welding slag with the torch tip is high risk of creating sparks that can ignite the room and cause an explosion. With him wearing greasy gloves puts him at even greater risk because the material will immediately catch fire since he was already using the welding slag. The scenario given suggests a very unsafe working condition. It is then very important that employees in construction sites, in this case, those involved in welding and cutting, must be aware of the guidelines set by OSHA to be able to prevent any accidents that may occur in the work

Analysis of Effectiveness of Two Cushions in the Prevention of Heel Essay

Analysis of Effectiveness of Two Cushions in the Prevention of Heel Pressure Ulcers Study - Essay Example At the beginning of the introduction, the researchers presented the facts as to why conducting a study about heel pressure ulcers was important. It is considered as a common problem in clinical practice and is deemed burdensome on both human and financial terms. The manifestation of heel pressure ulcers affects the patient both physically and mentally, inclusive of the fact that it adds to the expenses in clinical treatment. Thus, the researchers chose to assess two different cushions in terms of effectiveness in preventing heel pressure ulcers (Braden and Blanchard, 2007). The study has also defined what pressure ulcers are, including the means of how it can be prevented. In general, these measures are to reduce the duration or reduce the magnitude of pressure and shearing forces. In that regard, the researchers analyzed that the reduction of the duration of shear and pressure can be carried out through repositioning the patient or through the use of alternating pressure air mattres ses (Heyneman, et. al, 2009). Since both variables can be reduced through the utilization of a tool that would increase the contact surface of the patient with the underlying support surface. The researchers then elaborated on the products with varying pressure reducing capacity in terms of effectiveness. ... This can be done through putting a pillow under the patient's legs so that the heels would be suspended above the mattress. This method is deemed viable as the heel zone would not be subjected to any pressure, and the pressure is distributed accordingly in the lower leg, as supported by the pillow. The study cited five studies they have acquired in PubMed in reference to the pressure reducing qualities of pillows, as well as each of the product's effectiveness in terms of removing heel pressure ulcers. The studies included were from Smith (1984), De Keyser et al. (1994), Tymec et al. (1997), Cheney (1993) and Collins et al. (2002).     Ã‚  

Oasis or Blur Essay Example | Topics and Well Written Essays - 500 words

Oasis or Blur - Essay Example Differing trajectories of Oasis and Blur In 1991, Oasis as and came to existence in the city of Manchester. The group was composed of Liam Gallagher, Paul Arthurs, McGuian, and McCarrol, to be joijned later by Noel Gallagher and was earlier known as ‘The rain’. Simplicity of music, crafted mainly by Gallagher brothers, was one of the hallmarks of the Oasis band. Also, the group started its triumph from nearly nothing. However, the group had faced several problems in the long run chiefly because of the in-fights and even accusations of plagiarism more than once which they had to pay damages. Especially, the tendency of Gallagher brothers to bring their petty sibling fights to the tabloid, compounded with the wild lifestyles has eventually led to the gradual erosion of the band’s popularity. Repeated live performances without substantial intervals have also taken the toll from the members of the band. The hedonistic lifestyle of the team members were major reason fo r the group’s downfalls. It is important to note that Oasis’s music style was heavily intertwined with that of The Beatles, up to the extent to be labelled as obsession by the media. Blur as an alternate music band was formed in London in 1989.

Assignments Assignment Example | Topics and Well Written Essays - 250 words - 1

Assignments - Assignment Example TCP pesticide and other chemicals that may be harmful to both humans and animals within the environment and the impact of human activity in Soian River. While the TCP chemical helps in increasing farm produce in Lamar, it leads to respiratory diseases. The chemical should be banned in the region and other environment friendly pesticides used to boost agriculture. Human activities such as generation of hydroelectric power and creating dams along Soian River are good for the countries but will not be sustainable in to the future because they affect aquatic life. These human activities have affected lives of Red Cranes and Trout in the river. Any move to regulate on these issues is likely to encounter resistance from the states. States that have projects such as power generation, dams, or even extensive use of TCP will reject regulation. The most important idea, however, is that while all these human activities are beneficial today, they are not sustainable in the end. The states should use a gradual approach to regulate these issues. The treaty should outline structures for dealing with agricultural chemicals that are harmful to both people and animals as well as putting forward steps that will be taken to reduce human activity in the river over an agreed period. There should be intense lobbying to convince each state that environmental issues are of great priority and should be addressed objectively (Ferrey

Ielts Preparation Essay Example for Free

Ielts Preparation Essay Onam is one of the greatest festivals of INDIA. It is celebrated with Joy and enthusiasm all over the Country by all communities. It is celebrated in the beginning of September. It is a celebration of 10 days. The Legend of ONAM is, It is celebrated to welcome the King Mahabali, whose spirit is said to visit India at the time on ONAM. The story goes that, the beautiful state of Kerala was once ruled by a Demon King , Mahabali. The king was greatly respected in his kingdom and was considered to be wise, judicious and extreamly generous. It is said that Kerala witnessed its golden era in the reign of King Mahabali. Everybody was happy in his kingdom and there was no discrimination on the basis of caste or class. Rich and poor were equally treated. There was neither crime nor corruption. People did not even lock their doors, as there were no thieves in the kingdom, there was no poverty sorrow during his reign and everybody was Happy. Looking at his fame and growing popularity, Gods became jealousy on him, and send him to an unknown world(nether world), Since Mahabali is o attached to the people of India, before send him to the nether world, the God gave him a boon to visit India once in a Year. During his visit India celebrate as ONAM. During the 10 days festival, The government declared as a Public holidays for School and colleges. During the festival; all the families gather together and celebrate. There are various sports loke Snake Boat rice, Elephant race, tug of war etc are celebrated. People bun w dresses, and it is festival of unity and happiness.

Going Green To Save The Environment Essay Example for Free

Going Green To Save The Environment Essay The purpose of this essay is to enumerate and discuss several ways to save the environment through the principle of green living. Conservation is really an umbrella principle for all of green living. It really means using only what truly needs to be used in order to save something for coming generations (Green Living Ideas, 2007). Conserving energy by way of recycling is a crucial environmental benefit. As the natural energy sources become scarcer it is important to learn how to save energy. Making smaller, more fuel efficient cars can help conserve energy. Riding a bike instead of a car is much better since a bicycle doesn’t use gas. Making new houses that are well insulated also helps to save energy. According to Seventh Generation (2007), â€Å"Municipal Solid Waste (MSW), more commonly known as trash or garbage, consists of everyday items such as product packaging, grass clippings, furniture, clothing, bottles, food scraps, newspapers, appliances, paint, and batteries. This is commonly generated from peoples’ homes, but it also comes from commercial, institutional, and industrial sources. † One man’s trash is another man’s treasure is among the many adages being revived with fresh significance and recycling supports this idea. It has been in the American vocabulary for years now and in many households it is a way of life. Very simply, it finds new uses for old materials, mainly trash. According to the Environmental Protection Agency, recycling, including composting, diverted 72 million tons of material away from landfills and incinerators. Not only does this spare the environment, the EPA said a study found that recycling can create jobs as well. The consumer-oriented economical and environmental merits of reuse were easily recognized by our grandparents. And even today having a jar of salvaged nails, bolts, and screws can save several trips to the hardware store. Recycling paper products saves our trees and water resources as well! Making a ton of paper from materials that were recycled protects 17 trees from harm and consumes 50% less water, or 7,000 gallons (Quest4glory, 2004). But, while the philosophy of reuse is working its way into the business sector, the complexities of a global economy demand that the practical advantages and disadvantages of reuse be continually discussed and evaluated. However, industrialized nations are coming full-circle: governments are passing regulations, businesses are cutting costs, and consumers are reducing waste in the realization that applying the reuse philosophy in all areas will help to sustain our comfortable quality of life, enhance it for others, and maintain it for future generations. Furthermore, the most appealing reason to recycle is because of its ability to create a myriad of jobs, which can consequently improve the US economy. Recycling creates eight times the amount of jobs incinerator and landfill companies generate. Reuse, recycling, and waste reduction offer direct development opportunities for communities (Quest4glory, 2004). In conclusion, the benefits of recycling and conservation of energy cannot be overemphasized. Technology is making it easy to be green. Renewable energy can make your home more efficient. Efforts to clean up our air and water, preserve our non-renewable resources, and stop endangering plant and animal species, will ultimately lead to happier, healthier humankind living in partnership with the earth. Reference Green Living Ideas. (2007). Reuse. Retrieved on September 7, 2007 from http://greenlivingideas. com/reuse/reuse. html Quest4glory. (2004, July 5). Recycling: It’s time to clean up. Retrieved September 7, 2007 from http://www. echeat. com/essay. php? t=26204 Seventh Generation. (). Living Green: Reduce, reuse, recycle. Retrieved September 7, 2007 from http://www. seventhgeneration. com. /living_green/reduce_reuse_recycle. php

Literature Review of Pain Assessment Tools

Literature Review of Pain Assessment Tools Introduction This essay will identify the issue of poorly addressed acute pain in hospitalized patients and critically compare and discusses a range of pain assessment tools referring to contemporary research literature and practice guidelines for patients who are able to self describe their pain and who are unable to self describe their pain due to verbal communication barriers, critical illness or delirium/dementia. Main Body According to the International Association for the Study of Pain, pain is an unpleasant sensory and emotional experience arising from actual or potential tissue damage (1). Clinically, â€Å"Pain is whatever the experiencing person says it is, existing whenever he/she says it does† (McCaffery, 1968). The temporal profile classification is most commonly used to classify pain.This broad classification of pain duration is often used to better understand the biopsychosocial aspects that may be important when conducting assessment and treatment. For example, many times chronic pain is a result of unresolved acute pain episodes, resulting in accumulative biopsychosocial effects such as prolonged physical reconditioning, anxiety, and stress. It is obvious that this type of time categorization information can be extremely helpful in directing specific treatment approaches to the type of pain that is being evaluated (Gatchel Oordt, 2003). Acute pain is usually indicative of tissue damage and is characterized by momentary intense noxious sensations (i.e., nociception). It serves as an important biological signal of potential tissue/ physical harm. Some anxiety may initially be precipitated, but prolonged physical and emotional distress usually is not. Indeed, anxiety, if mild, can be quite adaptive in that it stimulates behaviors needed for recovery, such as the seeking of medical attention, rest, and removal from the potentially harmful situation. As the nociception decreases, acute pain usually subsides. Unlike acute pain, chronic pain persists. Chronic pain is traditionally defined as pain that lasts 6 months or longer, well past the normal healing period one would expect for its protective biological function. Arthritis, back injuries, and cancer can produce chronic-pain syndromes and, as the pain persists, it is often accompanied by emotional distress, such as depression, anger, and frustration. Such pain can also often significantly interfere with activities of daily living. There is much more health care utilization in an attempt to find some relief from the pain symptoms, and the pain has a tendency to become a preoccupation of an individuals everyday living. According to Buckley (2000) nurses are the primary group of health care professionals responsible for the ongoing assessment and monitoring of patients to ensure that pain is effectively and appropriately managed and that patients and families are informed of the consequences of acute pain. Assessment of pain can be a simple and straightforward task when dealing with acute pain and pain as a symptom of trauma or disease. Assessment of location and intensity of pain often sufà ¯Ã‚ ¬Ã‚ ces in clinical practice. However, other important aspects of acute pain, in addition to pain intensity at rest, need to be deà ¯Ã‚ ¬Ã‚ ned and measured when clinical trials of acute pain treatment are planned. If not, meaningless data and false conclusions may result. The 5 key components: Words, Intensity, Location, Duration, Aggravating factors pain assessment are incorporated into the process. Objective data are collected by using one of the pain assessment tools which are specià ¯Ã‚ ¬Ã‚ c to s pecial types of pain. The main issues in choosing the tool are its reliability and its validity. Moreover, the tool must be clear and, therefore, easily understood by the client, and require little effort from the client and the nurse. According to Husband (2001) to measure the pain severity or intensity, several scales can be used such as a numeric rating scale (NRS), the visual analog scale (VAS), observation scales with indicators of pain, and even creative depictions of pain intensity with scale using a pain thermometer. The numeric rating scale allows patients to rate their pain on and 11-point scale of 0 (no pain) to 10 (worst pain imaginable). The majority of patients, even older adults can use this scale. The thermometer scale may be useful in the elderly, according to Rakel and Herr (2004). It shows a picture of a thermometer arranged on a background with a vertical word scale. Finally categoric scales use verbal descriptors to quantify the level of pain and those scales have been validated and are considered to be reliable. Chronic pain has a major impact on physical, emotional, and cognitive function, on social and family life, and on the ability to work and secure an income. Meaningful assessment of long-lasting pain is therefore a more demanding task than assessing acute pain. This is true both in clinical practice and when conducting trials of management of long-lasting pain. A comprehensive assessment of any chronic complex pain condition requires documenting (i) pain history, (ii) physical examination, and (iii) specià ¯Ã‚ ¬Ã‚ c diagnostic tests. Chronic pain assessment tools are the Brief Pain Inventory (BPI), which assesses pain severity and the degree of interference with function, using 0 – 10 NRS, and the McGill Pain Questionnaire (MPQ) and the short-form MPQ (SF-MPQ) evaluate sensory, affective–emotional, evaluative, and temporal aspects of the patient’s pain condition. Pain assessment in older adults can be challenging and very difficult in some situations (Rakel Herr, 2004). When the patient cannot report his/her subjective pain experience, proxy measurements of pain must be used, such as pain behaviours and reactions that may indicate that the person is suffering painful experiences. Besides communication difà ¯Ã‚ ¬Ã‚ culties caused by language problems, patients in the extremes of age, and critically ill patients in the intensive care setting, are common assessment problems. Older patients may prefer to use alternate means to express their pain through the use of word descriptors that best characterize the pain, such as aching, hurting, and soreness (Herr Garand, 2001). Significant challenges occur when assessing patients who are unable to communicate verbally, in writing, or by gestures, or when they are cognitively impaired. Pain assessment should be ongoing at regular intervals, individualised and documented clearly to facilitate treatment and communication among health care clinicians. Conclusion In conclusion, adequate assessment of pain, using validated tools appropriate to the population or individual, is an essential prerequisite of successful pain management. It has been shown in many countries that inadequate pain assessment is common, with resultant failings in management of pain. Inadequate pain control can prolong the recovery period, increase length of stay, and increase overall health care costs ( Shang Gan, 2003) Only by regularly assessing and measuring pain, as routinely as the other vital signs, can we hope to make pain visible enough to those caring for patients and thus improve management. This is especially true for the patients that anaesthetists care for every day, those with acute pain after surgery, trauma, and in the intensive care unit.

Theatre as Philosophy :: essays research papers

-Theatre as Philosophy-   Ã‚  Ã‚  Ã‚  Ã‚  The evolution of theatre is a long and complex story. What once began as a ritual to the ancient gods has since developed into an elaborate examination of mankind. Theatre originated in Ancient Greece as a celebration to the god Dionysius, where amateur actors would dance and sing in order to imitate him. Consequently, as the Greek Empire developed, so did theatre. By the end of the Greek Empire, scripts were being written, theatres were being built, and professional actors were being used. The tradition of theatre continued to flourish with the rise of the Roman Empire. This age saw great playwrights such as Seneca, Terence, and Plautus become great cultural icons, performing their plays in extravagant arenas known as coliseums. Nevertheless, the Roman Empire fell giving way to the Medieval Period, where governments were weak allowing feudalism to become prevalent. This absence of power led to a period of time where theatre was also absent. As time progressed the atre rose again and became popular throughout the world. Each territory had its own way of showing these plays, which either dealt with mystery of morality. Eventually the Medieval Period gave way to the Renaissance, whereupon nations developed into their own powers, inciting different styles of theatre. All the aforementioned time periods and some others have formed theatre into what it is today. Whether a play, movie, or even televisions show, they all can be attributed to the ever-evolving entertainment we know as theatre. However, no matter the time or the form of theatre, all have one thing in common. This is that they present a philosophy of life. In other words, they present a life lesson that intends to question the current way of life. The true challenge is entertaining an audience while teaching them at the same time. Nonetheless, this mesh of thought and pleasure is a must. Any good theatre is thought-provoking and didactic, while still remaining interesting. Most of these great works, old or new, are presented as either comedies or tragedies, where great storylines outline the theatrical production’s life philosophy. Comedies usually portray a philosophical meaning through the use of satire, while tragic writers utilize a series of unfortunate events to deliver a message. Whether one or the other, it is undoubtedly necessary to add philosophical meaning into a work in order to incite thought within the audience.   Ã‚  Ã‚  Ã‚  Ã‚  Some playwrights believe their moral lesson is best presented with a comedic coating.

World War One the most Important cause of the March Revolution :: WWI WW1

Was World War One the most Important cause of the March Revolution? Nicholas II the eldest son of Alexander III and the Tsar of Russia was born at Krasnoye Selo in May 1868. Nicholas II ruled from 1894 until his abdication in 1917. Nicholas II signed his abdication on 15 March 1917 after the Russian Army High Command recommended it. There are many reasons why Nicholas abdicated including, the financial state of the country, its wide and varied population and their dissatisfaction with the way the country was being ruled. As Russia was already in a weak state and the people had been suffering for many years, the First World War proved the last straw for the Russian people and whilst was possibly not the most important cause was certainly the trigger or catalyst for the March Revolution and Nicholas’ abdication. When The Russian army entered WWI they were huge but poorly led and very badly equipped, there were not enough guns for everyone. They just had lost the war with Japan so heavy casualties meant loss of morale and spirit yet they were expected to go into war again. To make up for the losses in Japan they had to recruit peasants for their army. In a backward country with little money there would have been no chance to train the peasants to be effective soldiers. Their equipment and method of fighting was also no match for the German Army. The Russian’s were trained in charging at the enemy with bayonets, the German troops had machine guns. As a result of this, whilst the Russians were defending the German attack on Poland, half their army was destroyed. Going into a war with such little chance of winning, did nothing to make the Russian people respect Nicholas. The decision that Tsar Nicholas II took in August 1915, to take over the command of the Army, lead to further problems. Being so closely linked to the Army’s failure in the WWI meant even The Duma began to loose faith in his abilities to run the country. Also, while he was away, he left his wife, Alexandra, and Rasputin, a monk who had physic powers who knew when Nicholas’ son was in trouble, to run the country. This was a bad decision Nicholas made because they constantly sacked Ministers and allowed the transport and food problems to descend into crisis. Also Alexandra was half German, when she took charge rumors spread suggesting that she was a German spy. World War One the most Important cause of the March Revolution :: WWI WW1 Was World War One the most Important cause of the March Revolution? Nicholas II the eldest son of Alexander III and the Tsar of Russia was born at Krasnoye Selo in May 1868. Nicholas II ruled from 1894 until his abdication in 1917. Nicholas II signed his abdication on 15 March 1917 after the Russian Army High Command recommended it. There are many reasons why Nicholas abdicated including, the financial state of the country, its wide and varied population and their dissatisfaction with the way the country was being ruled. As Russia was already in a weak state and the people had been suffering for many years, the First World War proved the last straw for the Russian people and whilst was possibly not the most important cause was certainly the trigger or catalyst for the March Revolution and Nicholas’ abdication. When The Russian army entered WWI they were huge but poorly led and very badly equipped, there were not enough guns for everyone. They just had lost the war with Japan so heavy casualties meant loss of morale and spirit yet they were expected to go into war again. To make up for the losses in Japan they had to recruit peasants for their army. In a backward country with little money there would have been no chance to train the peasants to be effective soldiers. Their equipment and method of fighting was also no match for the German Army. The Russian’s were trained in charging at the enemy with bayonets, the German troops had machine guns. As a result of this, whilst the Russians were defending the German attack on Poland, half their army was destroyed. Going into a war with such little chance of winning, did nothing to make the Russian people respect Nicholas. The decision that Tsar Nicholas II took in August 1915, to take over the command of the Army, lead to further problems. Being so closely linked to the Army’s failure in the WWI meant even The Duma began to loose faith in his abilities to run the country. Also, while he was away, he left his wife, Alexandra, and Rasputin, a monk who had physic powers who knew when Nicholas’ son was in trouble, to run the country. This was a bad decision Nicholas made because they constantly sacked Ministers and allowed the transport and food problems to descend into crisis. Also Alexandra was half German, when she took charge rumors spread suggesting that she was a German spy.

rye :: essays research papers

It is in the early hours of Monday morning when Holden returns Grand Central Station. He decides to sleep on one of the benches in the waiting room because he has nowhere else to go. He wakes around nine, as the hustle and bustle of the working day begins. He thinks about the night before and the incident with Mr. Antolini; he wonders if he has misinterpreted Antolini’s touch. Disturbed by these though, he tries to think of something else. He reads a magazine someone has left behind. It is some kind of health magazine, however, and Holden gets more depressed, certain he has cancer and is dying. Holden decides to go out and buy himself an inexpensive breakfast. He does not want to spend too much of Phoebe’s money. Since his stomach is upset, he just drinks coffee. He leaves the train station and walks out to Fifth Avenue. All around him, people seem to be in the Christmas spirit, which is depressing to Holden. He begins to imagine he is disappearing, becoming invisible. He thinks the distance it takes to cross the street keeps growing and fears he will never reach the other side; it is like a death dream. He then begins to talk to his dead brother, asking him to help him cross the street. Each time Holden makes it across another street, he thanks Allie. After a while, Holden sits down on a bench to formulate a plan of action. He decides he will hitchhike "way out west". However, he decides to meet Phoebe one last time and say good-bye. He goes to her school and delivers a note asking her to meet him in the Metropolitan Museum of Art for lunch. Since he has nothing else to do, he goes to the museum to wait. While Holden waits, he meets two young boys and helps them locate the display of Egyptian mummies. The tomb-like structure makes Holden ill, and he goes to the bathroom and faints. Once he revives, he goes out to wait for Phoebe.

Social Reformers of India

Mahatma Gandhi: (2 October 1869 – 30 January 1948) (Father of the Nation, Rashtrapita, ) was the pre-eminent political and spiritual leader of India during the Indian independence movement. He was the pioneer of satyagraha—resistance to tyranny through mass civil disobedience, firmly founded upon ahimsa or total non violence—which led India to independence and inspired movements for civil rights and freedom across the world. Gandhi led nationwide campaigns to ease poverty, expand women's rights, build religious and ethnic amity, end untouchability, and increase economic self-reliance. Above all, he aimed to achieve Swaraj or the independence of India from foreign domination. for main article go to Virchand Gandhi Virchand Gandhi:Virachand Raghav Gandhi (Gujarati: ; VRG 1864–1901) was from Mahuva . He is 19th Century Indian patriot who was friend of Mahatma Gandhi and contemporary to Swami Vivekanand. He and swami vivekananda drew equal attention at the first World Parliament of Religions in Chicago in 1893 . He won a silver medal in same . His statue still stands at the Jain temple in Chicago. He was key member of Indian National Congress . And as a reformer established a] Gandhi Philosophical Society, b] Society for the Education of Women in India (SEWI). Under the banner of SEWI, several Indian women came to U. S. A. for higher studies. c] School of Oriental Philosophy, d] Jain Literature Society in London. . And he delivered 535 lectures in USA and europe. He also died at young age of 37 alike Swami Vivekanand. Today Govt. of India has recognised his service by issuing Postal Stamp in his memory. for main article go to Swami Vivekanand Swami Vivekanand: (January 12, 1863–July 4, 1902) He was the founder of Ramakrishna Mission. Vivekananda is considered to be a major force in the revival of Hinduism in modern India. He is considered a key figure in the introduction of Vedanta and Yoga in Europe and America. He introduced Hinduism at the Parliament of the World's Religions at Chicago in 1893. for main article go to Swami Dayanand Saraswati Swami Dayanand Saraswati: (February 12, 1824 – October 31, 1883) was an important Hindu religious scholar and the founder of the Arya Samaj, â€Å"Society of Nobles†, a Hindu reform movement, founded in 1875. He was the first man who gave the call for Swarajay in 1876 which was later furthered by Lokmanya Tilak. Himanshu Mishra Is also a Social Reformer Born in January 23, 1976 in Pilibhit District for main article go to Raja Ram Mohan Roy Raja Ram Mohan Roy: (August 14, 1774 – September 27, 1833) was a founder of the Brahma Sabha in 1828 which engendered the Brahmo Samaj, an influential Indian socio-religious reform movement. He is best known for his efforts to abolish the practice of sati, the Hindu funeral practice in which the widow was compelled to sacrifice herself on her husband’s funeral pyre. It was he who first introduced the word â€Å"Hinduism† into the English language in 1816. For his diverse contributions to society, Raja Ram Mohan Roy is regarded as one of the most important figures in the Indian Renaissance. Ram Mohan Roy's impact on modern Indian history was a revival of the pure and ethical principles of the Vedanta school of philosophy as found in the Upanishads. for main article go to Jamnalal Bajaj Jamnalal Bajaj: (4 November 1884 – 11 February 1942) was an industrialist, a philanthropist, and Indian independence fighter. Gandhi is known to have adopted him as his son. He is known for this efforts of promoting Khadi and village Industries in India. With the intent of eradicating untouchability, he fought the non admission of Harijans into Hindu temples. He began a campaign by eating a meal with Harijans and opening public wells to them. He opened several wells in his fields and gardens. Jamanalal dedicated much of his wealth to the poor. He felt this inherited wealth was a sacred trust to be used for the benefit of the people. In honour of his social initiatives a well known national and international award called Jamnalal Bajaj Award has been instituted by the Bajaj Foundation. for main article go to Vinoba Bhave Vinoba Bhave: (September 11, 1895 – November 15 1982) was an Indian advocate of Nonviolence and human rights. He is considered as the spiritual successor of Mahatma Gandhi. Vinoba Bhave was a scholar, thinker, writer who produced numerous books, translator who made Sanskrit texts accessible to common man, orator, linguist who had excellent command of several languages (Marathi, Hindi, Urdu, English, Sanskrit), and a social reformer. He wrote brief introductions to, and criticisms of, several religious and philosophical works like the Bhagavad Gita,works of Adi Shankaracharya, the Bible and Quran. His criticism of Dnyaneshwar's poetry as also the output by other Marathi saints is quite brilliant and a testimony to the breadth of his intellect. A university named after him Vinoba Bhave University is still there in the state of Jharkhand spreading knowledge even after his death. for main article go to Baba Amte Baba Amte: (December 26, 1914 – February 9, 2008) was an Indian social worker and social activist known particularly for his work for the rehabilitation and empowerment of poor people suffering from leprosy. He spent some time at Sevagram ashram of Mahatma Gandhi, and became a follower of Gandhism for the rest of his life. He believed in Gandhi's concept of a self-sufficient village industry that empowers seemingly helpless people, and successfully brought his ideas into practice at Anandwan. He practiced various aspects of Gandhism, including yarn spinning using a charkha and wearing khadi. Amte founded three ashrams for treatment and rehabilitation of leprosy patients, disabled people, and people from marginalized sections of the society in Maharashtra, India. for main article go to Shriram Sharma Acharya Shriram Sharma Acharya: (September 20, 1911 – June 2, 1990) was an Indian seer, sage, Indian social worker, a philanthropist, a visionary of the New Golden Era and the Founder of the All World Gayatri Pariwar. He devoted his life to the welfare of people and the refinement of the moral and cultural environment. He pioneered the revival of spirituality, creative integration of the modern and ancient sciences and religion relevant in the challenging circumstances of the present times. To help people, his aim was to diagnose the root cause of the ailing state of the world today and enable the upliftment of society. Acharyaji recognized the crisis of faith, people’s ignorance of the powers of the inner self, and the lack of righteous attitude and conduct. During 1984-1986, he carried out the unique spiritual experiment of sukshmikarana, meaning sublimation of vital force and physical, mental and spiritual energies. for main article go to Ishwar Chandra Vidyasagar Ishwar Chandra Vidyasagar: (1820-1891) Vidyasagar was a philosopher, academic, educator, writer, translator, printer, publisher, entrepreneur, reformer, and philanthropist. His efforts to simplify and modernize Bangla prose were significant. He was a Bengali polymath and a key figure of the Bengal Renaissance. Vidyasagar championed the uplift of the status of women in India, particularly in his native Bengal. Unlike some other reformers who sought to set up alternative societies or systems, he sought, however, to transform orthodox Hindu society from within. Vidyasagar introduced the practice of widow remarriages to mainstream Hindu society. In earlier times, remarriages of widows would occur sporadically only among progressive members of the Brahmo Samaj. for main article go to Dhondo Keshav Karve Dhondo Keshav Karve: (April 18, 1858 – November 9, 1962) was a preeminent social reformer of his time in India in the field of women's welfare. Karve was one of the pioneers of promoting women's education and the right for widows to remarry in India. The Government of India recognized his reform work by awarding him its highest civilian award, Bharat Ratna, in 1958 (Incidentally his centennial year). The appellation Maharshi, which the Indian public often assigned to Karve, means †a great sage†. Those who knew Karve affectionately called him as Anna Karve. In Marathi-speaking community, to which Karve belonged, the appellation Anna is often used to address either one's father or an elder brother. ) for main article go to Balshastri Jambhekar Balshastri Jambhekar: (January 6, 1812– May 18, 1846) is known as Father of Marathi journalism for his efforts in starting journalism in Marathi language with the first newspaper in the language named ‘Darpan' in t he early days of British Rule in India. He founded Darpan as the first Marathi newspaper. He was editor of this newspaper during the British rule in India. This turned out to be the beginning of Marathi journalism. He had mastery in many languages including Marathi, Sanskrit, English and Hindi. Apart from that he also had a good grasp of Greek, Latin, French, Gujarati and Bengali. for main article go to Dr. Bhimrao Ramji Ambedkar B. R. Ambedkar: (14 April 1891 — 6 December 1956) was an Indian jurist, political leader, Buddhist activist, philosopher, thinker, anthropologist, historian, orator, prolific writer, economist, scholar, editor, revolutionary and the revivalist of Buddhism in India. He was also the chief architect of the Indian Constitution. Ambedkar spent his whole life fighting against social discrimination, the system of Chaturvarna — the Hindu categorization of human society into four varnas — and the Hindu caste system. He is also credited with having sparked the bloodless revolution with his most remarkable and innovative Buddhist movement. Ambedkar has been honoured with the Bharat Ratna, India's highest civilian award. for main article go to Annie Besant Annie Besant: (October 1 , 1847 – September 20, 1933) was a prominent Theosophist, women's rights activist, writer and orator and supporter of Irish and Indian self rule. In 1908 Annie Besant became President of the Theosophical Society and began to steer the society away from Buddhism and towards Hinduism. She also became involved in politics in India, joining the Indian National Congress. When war broke out in Europe in 1914 she helped launch the Home Rule League to campaign for democracy in India and dominion status within the Empire which culminated in her election as president of the India National Congress in late 1917. After the war she continued to campaign for Indian independence until her death in 1933. for main article go to Vitthal Ramji Shinde Vitthal Ramji Shinde: (April 23, 1873 – January 2, 1944) He was a prominent campaigner on behalf of the Dalit movement in Maharashtra and established the Depressed Classes Mission to provide education to the Dalits in Maharashtra. for main article go to Gopal Hari Deshmukh Gopal Hari Deshmukh: (1823-1892) was a social reformer in Maharashtra. Deshmukh started writing articles aimed at social reform in Maharashtra in the weekly Prabhakarunder the pen name Lokhitwadi. In the first two years, he penned 108 articles on social reform. That group of articles has come to be known in Marathi literature as Lokhitwadinchi Shatapatre. or main article go to Pandurang Shastri Athavale Pandurang Shastri Athavale: (October 19, 1920–October 25, 2003) was an Indian philosopher, spiritual leader, social reformer [2] and Hinduism reformist, who founded the Swadhyay Movement and the Swadhyay Parivar organization (Swadhyay Family) in 1954 [3], a self-knowledge movement based on the Bhagavad Gita, which has spread across nearly 100,000 villages in India [4][5], with over 5 million members [6]. He was also noted for his discourses or â€Å"pravachans† on Srimad Bhagawad Gita and Upanishads. for main article go to Kandukuri Veeresalingam Kandukuri Veeresalingam: (16 April 1848 – 27 May 1919) was a social reformer who first brought about a renaissance in Telugu people and Telugu literature. He was influenced by the ideals of Brahmo Samaj particularly those of Keshub Chunder Sen. He got involved in the cause of social reforms. In 1876 he started a Telugu journal and wrote the first prose for women. He encouraged education for women, and started a school in Dowlaiswaram in 1874. He started a social organisation called Hitakarini (Benefactor). for main article go to Swami Ramdev Swami Ramdev: Ramkishan Yadav popularly known as Swami Ramdev (Hindi: ), is an Indian Hindu swami. He is known for his efforts in popularizing yoga as it is enunciated in Patanjali's Yoga Sutras. He is also one of the founders of the Divya Yog Mandir Trust headquartered in Haridwar, that aims to popularize Yoga and offer Ayurvedic treatments. The New York Times calls him an â€Å"Indian who built Yoga Empire†, â€Å"a product and symbol of the New India, a yogic fusion of Richard Simmons, Dr. Oz and Oprah Winfrey, irrepressible and bursting with Vedic wisdom†. for main article go to Jawaharlal Nehru Jawaharlal Nehru:Jawaharlal Nehru (Hindi/Kashmiri: , pronounced [d a r? la? l ? ne ru]; 14 November 1889–27 May 1964[4]) was an Indian statesman who was the first (and to date the longest-serving) prime minister of India, from 1947 until 1964. One of the leading figures in the Indian independence movement, Nehru was elected by the Congress Party to assume office as independent India's first Prime Minister, and re-elected when the Congress Party won India's first general election in 1952. As one of the founders of the Non-aligned Movement, he was also an important figure in the international politics of the post-war era. He is frequently referred to as Pandit Nehru (â€Å"pandit† being a Sanskrit and Hindi honorific meaning â€Å"scholar† or â€Å"teacher†) and, specifically in India, as Panditji (with â€Å"-ji† being a honorific suffix). Periyar E. V. Ramasamy Thanthai Periyar or E. V. R. , was a businessman, politician, Indian independence and social activist, who started the Self-Respect Movement or the Dravidian Movement and proposed the creation of an independent state called Dravidasthan comprising South India. He is also the founder of the socio-cultural organisation, Dravidar Kazhagam. [1][2][3]

Financial analysis of Vodafone Group plc

Vodafone Group plc is one of the best international tele-communications organisations where its caput one-fourth located in London, UK. Vodafone is the Earth major nomadic tele-communications corporation calculated by income in add-on to the planetary big size measured by endorsers, by agencies of about 300 million. Vodafone Group plc map its set of connexions in more than 35 states and incorporate associate spouse webs in more than 40 excess states. This group have ownership of 45 % of Verizon Wireless, one of the largest nomadic tele-communications corporations in the United States of America considered by clients. Vodafone group plc recommend an impregnable assortment of goods for clients, for staff and for concern Say like Connectivity, Mobile Emails, Mobil Connect, Remote Access, Mobile Applications etc†¦ Vodafone group plc web and nomadic equipment cognize how to acquire better a wide diverseness of trade process, industry more well-organized and efficient. Vodafone group dressed ore in assorted figure of centre part, together with communications within client Mobile forces, informations collected plants and converse to the clients straight. Vodafone Plc engaged with a batch of most of import fiscal services suppliers on concern mobility on the other manus, Vodafone group are besides capable to subject application mobility to major concern procedure for fiscal services clients. Vodafone plc have a duplicate set of reply intentionally for the financial sector that will be of aid to run concern in a self-motivated and baffled advertise place. The Major Rivals of Vodafone Group Plc are Deutsche Telekom, Telephonic Europe Orange. Each one Rival has their ain scope of Policies and rules to pull client but taking all this a side Vodafone Group captured universe market and took best topographic point in the universe broad Global market The Vodafone Group Plc sets out its Business doctrine in concert with some rules to give account how they are relevant in exercising. In adding together, the Vodafone Group besides tools a figure of concern policies which be relevant to all auxiliary and combined Ventures with an involvement. Below are some of the diagnostic catalogue of policies which are the most portion that are relevant and sustainability meeting docket. For the most portion on a regular basis requested by the Vodafone Group members of the Socially responsible followers are some of the declarative list of policies: AA Benefits Charitable contributions Communicationss Complying with anti-corruption and anti-bribery laws/requirements Corporate cordial reception Employee rights Equal chances Ethical buying Health & A ; safety etc are some of the policies Vodafone Group Plc comprehend that concern require a communications associate with declaration that to extent and accommodate commercialism demands. Business requires smart phones in favor of voice, electronic mail etc†¦ Business requires a to the full incorporated declaration that make possible splintering of paperss, conferences and entree to applications from any site. no affair what the size no affair what their require, Vodafone invariably give the feeling of being for new, imaginative ways to assist the concern clients take clasp of every opportunity in a straightforward manner As Global Market responds to increase velocity challenge, administrations are looking for to derive clear and well-versed observation of the chance so with the purpose of they can put bright stakes in conditions of large concern scheme and betterment. In instruct to appreciate energetic chances, Vodafone consider administrations have to look, off from their usual skylines, and utilize new-fangled combination of merely round the corner and forethought methodological analysiss.Review of Management Account:Management histories come together with histories passages, finance passages and direction cost passages which help the administration and directors to cognize the existent fiscal passages of the administration and undertaking every bit good. Management Histories give account the fiscal cost that occurs in concern determinations Management Accounting aid in prepare concern policy, look into the disbursement of administrations and fiscal manage It helps in carry out internal organizational audits. It explain the impact of competitory MarketThe direction accounting accomplishment set:Management Accounting is merely non more about finance it is moreAA add-on to the accounting basicss. Management AccountingAA analyse in order and by agencies of doing fiscal determination. Plan to explicate concern scheme to supply prosperity and portion holder value. Identifying Hazards Supplying about budgets Communication to non fiscal directors about fiscal passageKey Method of Management Account:In today ‘s epoch itaa‚ ¬a„?s a extremely competitory concern showground, a full empathetic of the rudimentss of direction accounting had become really necessary for doing of decision-successful. Methods of Management Accounting do available all directors, managers, decision makers and finance executive with a applied methodological analysis to understand and implement direction accounts the of import three chief countries are cost accounting, difference cost accounting and answerability accounting. Concentrating a lesser sum of on line point characteristic and more on practical pertinence, this clearly printed and maintained in book that provides cardinal cognition and apprehensions what need to do perfect, end oriented determinations doing. Management accounting chiefly concentrating on cost computations. Cost Performance. Different cost add-ons. Interest Cost. Activity based cost. Variable cost. Duty construction cost. Operating budget. Measuring and describing on existent cost etc†¦ When fiscal directors line directors favour fiscal picks deprived of to the full empathic them, their company lose competitory benefit and are obstructed from attainment their filled possible. Methods of Management Account shelters each and every characteristic of critical country of the administration.Analysis of Management accounting:Vodafone Group PLCWith the aid of direction accounting existent cost direct cost and indirect cost activity done in the administration can be known. Management comptrollers look for to keep up organisation for determination devising by supplying major information sing existent cost done in the administration and the scrutiny of finance activity helps the administration for determination devising. More to state with the aid of direction accounting internal determination devising can be done appropriate To categorise and work out costs of building which helps in managerial determination doing Management accounting brand available to gauge of disbursals and besides gives information about gross coevals, Management history helps in budgeting. It make available informations on where investing pick be able to be basal.It acknowledge drawback of the administration within the organisation and outside of the administration to be in bid of costs and administrate the hard currency flow of the administration. Estimating of Overheads say like fabrication cost. It provides exact fabrication disbursals done for peculiar undertaking. Management Accounting attempt to happen chances say like to do out revenue enhancement interruptions, likely cost investings and actions done in the foreign exchange which perchance will be oppressed by the administration. So on the whole, this sort of accounting lend a manus acknowledge all the of import and chief characteristic upon where a company ‘s judgement are based on. Management accounting helps immeasurably in supervising done in the corporation and is peculiarly helpful for directors for capturing every measure and do a determination semen once more needs to be complete for each and every section. Management accounting non merely calculates the costs other than besides happen out how to costs cut the hereafter disbursals because supplying information about disbursals are really of import for in the least of every concern. With the appropriate of cost accounting procedure pricing technique of inter nexus of the organisation will be better and keep good organisation and competition will be justified. On the other manus, many important capable constructs will be originate that how costs are worn to monetary value put in the land relationship. Say like, how cost calculated and to could you reiterate that size is ordinary cost and its operating expense that are allocated assorted direction accounting theoretical accounts take history of to the full dispersed monetary value and cost methods. Jamison, make available a methodical conversation and probe of assorted and other direction accounting methods. A cardinal unsimilarity flanked by cost theoretical accounts is how cost is created utilizing cost information. Management Accounting is really of import and utile for monetary value determination. For illustration Organization sells assorted merchandises that are really important with different characteristics for this type of merchandises market leaders are traveling to repair the merchandising monetary value taking this in to consideration the pricing determination done in the organisation is straight influenced to that merchandise.Strength and failing of direction AccountingStrength of direction accounting:The most of import input of direction accounting is to extinguish the programme direction. Management accounting, the industry public presentation are maintaining up methodically by manner of well-organized readying and disposal by this means stay off from over operational working in full of activity periods. It makes possible the administration to get the uttermost homecoming on capital supplying good planning. Cost Accounting helps the direction to acquire better its service supplying to the clients by describing to a uninterrupted consequences with all the needed criterions.Weakness of Management Accounting:First, taking sides for the most portion Management Accounting cost are gauging. I can state that it is a spot tough that some may non hold the same sentiment with quantitative constructs. In realistic, direction accounting is second-hand in put together scheme, better optimal use of resources say like Man, Machinery get ready for budget declaration but at a standstill direction accounting may non assist the administration for determination devising. It good thought-out extra method of direction accounting control from side to side scrutiny and observation. This construct limits the major range of Accounting.

Football and Soccer Compare and Contrast

Football and Soccer Compare and Contrast. Football and soccer have never been really compared before, probably because alot of people think they dont have many similarities. But they actually have alot more in common that people think they do. Having played both sports myself i can tell you that they are very different in varius ways, but also very alike. It depends in what aspects you look at it that you can see differences or similarites. Off field soccer and football share different backgrounds. On field comparisons are never talked about but they actually have somre similarities. Yes football is more of a contact sport, and soccer more of a technique sport. But football does have technique as well, and soccer contact. On the field, both teams rely on team play to move up the field and try to score on the opposing team. Both sports have a total of 22 players on the field, 11 on each team, and passing the ball to teamates is key. In both sports the offensive players take most of the glory and the spotlight, but its know that without a good defense, its hard to win. You can score all the points you want but if they score more points on you then your still losing. Scoring is very different though. On football each time you score is called a touchdown and its given 6 points plus and extra point to try to make it 7. Soccer scoring its only 1 point and its not called touchdown but its called gol. The game of football has alot more breaks during it, and it has 4 quarters. During each play you have small breaks, plus alot of timeouts and tv comercial breaks. Soccer is a non-stop sport with only 2 halfs and no breaks during each half, just the 30 minute halftime break. One of the main differences on both these sports in my mind is that football is only a sport played in the United States, while soccer is a worldwide know sport. Soccer means alot in many countries all over the world, and theres tournaments that bring every teams all over the world together. Football's major event is held here in the United States and it only it involves the one country. United States has soccer, but its one of their least successful sports economacly and physically. It has faild to reach the fan base they wanted, and the MLS (soccer league) was close to be being shut own due to lack of fans and lack of income. Soccer is like a religion in many countries all over the world and it means everything to its fans. Where im from, Argentina, soccer is bigger than anything. Alot of people take soccer even more serious than their jobs. Sometimes a little to serious. There has been a lot of soccer related accidents in Argentina and many other parts of the world. Many of the ac cidents occur during games in the stands. Soccer rivalries are very big in Argentina. Sometimes they seperate towns. Just like gangs here in United States, soccer fans fight for respect and hate towards the other team, a lot of times ending in deaths. Other incidents occur off the field. A good example to show how serious fans take the game, is the incident that occur after a World Cup, when a colombian player scored an own goal during an important game, and he was assasinated a few days later. Things like that usually never happen here in the United States. Not to say that fans are no passionate about football, but its a different type of passion. The United States understands how important soccer is worldwide, and they have tried to make soccer bigger here in the United Sates, but have failed several times. They have tried to publish soccer more by advertising and by trying to bring famous players all over the world to play here in the United States. Living here in the US, i saw that football was the major sport here. But there are alot of competing sports like basketball and baseball, and there is also college sports, which are also very big here. In Argentina, there are of course many other sports, but none come close to soccer. As a little kid, i never knew of any other sport than soccer. Every little kid growing up wants to be a soccer player when their older. And that dosn't sound like a problem, but in my opinion it is. Alot of kids growing up have â€Å"dream jobs†. Some are sports realted some are not. A lot of kids dream of being doctors, lawyers, firemans and of course start athleets. But in Argentina, most of the kids wanna be the only thing they knew growing up, a soccer player. And with most of those kids not reaching that dream, it leaves a lot of confused kids. So like most people think, there are many differences overall between football and soccer. But there are more similarities than people think there are. Maybe in the future wih the growth of soccer in the United States, we will have even more things in common. And maybe the passion for soccer here in US will one day be as big as it is in the rest of the world, but hopefullt without all the violence.

A Study of the Microfinance Institutions Essay

One factor inhibiting the attainment of development goals in less developed countries is the populace’s general inability to access factors of production, especially finance. This limits the entrepreneurial ability of the people, especially the poor. Consequently, potential employment opportunities and household prospects for creating wealth and improving income are lost. Microcredit has been one framework adopted to address this problem. Its evolution reflects acknowledgement of credit market failures especially in the formal financial sector. There has been, therefore, a shift from the formal financial sector to microfinance Micro finance practice has had a long history in Nigeria and Africa as a whole, long before economist and world financial analyst recognized it as weapon against poverty. The practice of micro finance in Nigeria is as old as man; it has been a long-term practice in our context. It is mostly practiced in less developed countries, where per capita income is very low. In the mid twentieth, theorists were concerned over the poverty and process of development with specific attention on â€Å"under developed nations† as developing countries were then tagged. According to the World Bank’s World Development Report 1999/2000: Entering the 21st century, in 1998, about 1.2 billion people 24 percent of the population in developing and transition economies lived on less than $1 a day. In 1999, 4.5 billion people of 75 percent of the world’s population lived in low-and-lower-middle income economies. Of these, 2.4 billion were from low income economies with an average annual Gross National Product (GNP) per capita of $410, while 2.1 billion lived in lower middle income economies with an average annual GNP per capital of $1,200 (World Bank, 2000/2001). W.W. Rostows, a leading proponent on state of progression or growth, noted that the critical â€Å"take off stage† recognize certain minimal rate of investment to take place, to foster development and better the standard of living of individuals. In an attempt to improve the live of the poor and to raise the standard of living in the country, the United states Agency and Implementation Development (USAID), 1995), recognizes while Government are involved in different programs because most government want to encourage the development of  business, to supplement general, policy goals that apply to business, with specific policies and programs aimed at micro and small enterprises. More also, policies that minimize the costs of licensing and registering a business, provide easy access to information about laws and regulations, and facilitates commercial codes, which establish rules to minimize the cost of doing business by defining the rights and responsibilities of all parties to a transaction. Hence the involvement of Federal Government, and other international agencies in the program of reducing the poverty level amongst Nigerians. Such programs as Directorate for Food, Roads and Rural Infrastructure (DEFRRI), Nigeria Agricultural Cooperative Bank (NACB) and Peoples Bank of Nigeria e.t.c. The aim of the program was to assist and deliver financial services and development to rural communities. The purpose of this paper is to take a cursory look at microfinance institutions and their effects on funding of small scale enterprises in Edo State. Concept of Micro Finance Micro finance can be defined as a development tool used to create access for the economically active poor to financial services at a sustainably affordable price (CBN, 2005). Eluhaiwe (2005) opined that micro finance is the provision of thrift, credit and other financial services and products in very small amounts to the poor to enable them to raise their income levels and improve their standard of living. Micro finance has also been defined as the provision of very small loans that are repaid within short period of time and is essentially used by low income individuals and households who have few assets that can be used as collateral (Ukeje, 2005). Micro finance is basically a tool designed to improve the capacities of the economically active poor to participate in the larger economy. The economically active poor are either micro entrepreneurs who operate in the informal sector (trading, farming, food catering, craftsmanship and artisanship) or people earning wages. Such poor people earn their living in either rural or urban areas; and the financial services for which access is sought are mainly savings and loans (Idolor, 2007). Micro finance is about providing financial services to the poor who are traditionally not served by the conventional financial institutions. Many features distinguish micro finance from other formal financial products. Five of these are: the smallness of loans advanced or savings collected, the absence of asset-based collateral, and simplicity of operations (Kimotha, 2005). Others are its targets as the marginalized group of borrowers, and its general employment of a group lending approach (Igbinedion and Igbatayo, 2004). The group lending approach has implication for the pressure that the members of the group bring to bear on one another to ensure loan repayment, so that the group can continue to enjoy borrowing or loan facilities. In developing countries, a majority of the population do not have access to financial services and thus constitute the group that micro finance tries to reach. Nigeria, like any other developing country, is saddled with the problem of rural urban migration, mass illiteracy, poor infrastructures, poverty and low access to formal financial services. Hence the need for the government’s micro finance policy, aimed at expanding the financial infrastructure of the country to meet the financial requirements of the Small and Medium Enterprises (SMEs) as well as the rural and urban poor. The policy has created a platform for the establishment of Micro Finance Banks (MFBs) geared towards enhancing the provision of diversified micro finance services on a short-term or long-term and sustainable basis for the poor and low-income groups. It would also help create a vibrant micro finance sub-sector that would be adequately integrated into the mainstream of the national financial system and provide the stimulus for poverty reduction, economic growth and development (CBN, 2005). It also has the potential of not only urban–rural but rural–rural migration as Nyberg and Rozelle (1999) noted with respect to China. Small and Medium Scale Enterprises Small and Medium Scale Enterprises are sub-sectors of the industrial sector which play crucial roles in industrial development (Ahmed S. 2006). Following the adoption of Economic reform programme in Nigeria in 1981, there have been several decisions to switch from capital intensive and large scale industrial projects which was based on the philosophy of import development to Small and Medium Scale Enterprises which have better prospects for developing domestic economy, thereby generating the required goods and services that will propel the economy of Nigeria towards development. It is base on this premise that Ojo .O. (2009), argued that one of the responses to the challenges of development in developing countries particularly, in Nigeria, is the encouragement of entrepreneurial development scheme. Despite the abundant natural resources, the country still finds it very difficult to discover her developmental bearing since independence. Quality and adequate infrastructural provision has remained a night-mare, the real sector among others have witnessed downward performance while unemployment rate is on the increase. Most of the poor and unemployed Nigerians in order to better their lots have resorted to the establishment of their own businesses. Consequently, Entrepreneurship is fast becoming a household name in Nigeria. This is as a result of the fact that the so called white collar jobs that people clamour for are no longer there. Even, the touted sectors (Banks and companies) known to be the largest employer of labour are on the down-turn following the consolidation crisis and fraudulent practices of the high and mighty in the banking sector. The companies of course are folding up as a result of erratic power supply, insecurity and persistent increase in interest rate which has lead to high cost of production and undermines profit making potentials of companies operating in Nigeria. As a result of banking sector practices and continuous folding up of companies, a lot of Nigerians are thrown into unemployment which inevitably detriment the economic situation of the country. Since the office jobs that people desire are no longer there for the teeming population, and the few ones that succeeded in getting the jobs are thrown out as a result of the factors identified above, the need for the government and the people to have a rethink on the way-out of this mess became imperative. Hence, the need for Small and Medium Scale Enterprises (SMEs) became a reality as a means of ensuring self independent, employment creation, import  substitution, effective and efficient utilization of local raw materials and contribution to the economic development of our dear nation (Nigeria). All the aforestated benefits of Small and Medium Scale Enterprises cannot be achieved without the direct intervention of the government and financial  institutions. Over the years a number of policies have been formulated by the government with a view to developing Small and Medium Scale Enterprises. The Nigerian government under the then leadership of Chief Olusegun Obasajo promulgated micro-finance policy and other regulatory and supervisory frame work in 2005. Funding of Small Scale Enterprises Through the Microfinance Institutions in Edo State Among the economically active population of Edo State, there is a strong demand for small scale financial services. Micro finance institutions try to bridge the gap by accessing credit to low income people to improve household and enterprise management, increase productivity, smooth income flows and  consumption costs, enlarge and diversify their micro businesses, and increase their incomes. Using LAPO Microfinance Bank as a reference point, the challenges hitherto faced by most small scale business owners in accessing finance in the state have reduced drastically. Before, most small scale business found it extremely difficult to expand principally due to the lack of access to loans from financial institutions. This inability is mainly as a result of the stringent conditions attached to such loans. One of the conditions demanded by financial institutions before loans are granted is the provision of the necessary collaterals. The inability of small investment owners to provide such collaterals has often led to the nonexpansion of their businesses. With the establishment of microfinance institutions in the state, all that challenges in accessing needed funds for businesses have been reduced to the bearest minimum. This is so because these various microfinance institutions in the state have been able to provide small and medium scale entrepreneurs with more funds for their business ventures. METHODOLOGY In writing this paper the researchers principally used existing literatures and record relevant to the subject matter of this paper. Using deductive approach, the researchers were able to draw conclusion having critically reviewed salient issues in existing literatures and records. This method was adopted because time would not permit the use of questionnaire which ordinarily has to be administered to a sizeable number of small and medium scale Enterprises, as well as micro finance banks across the state. However, reviewing related works by other researchers gave a deeper insight to the researchers which  enabled us to draw reasonable conclusion. CONCLUSION There is absolutely no doubt that small and medium scale Enterprises contribute tremendously to the nation’s economic development. Small and Medium Scale Enterprises constitute essential ingredients in the lubrication and development of any economy. In Edo State, the story makes  no remarkable difference as Small and Medium Scale Enterprises dominate the economy. Though access to funds by small business owners in the state is still poor, the various microfinance institutions, vis-à  -vis, microfinance banks have been able to provide easy access to the needed funds to small scale enterprises. The mainstream Banks which are suppose to complement and  implement government policies on the development of small scale enterprises also clamour for huge collaterals which prospective poor borrowers usually do not have even borrowers who could afford to provide benefiting collateral are further discouraged by continuous increase in interest rate which make borrowers vulnerable to the risk of continuous indebtedness to rich lenders. REFERENCES CBN (2005), Micro Finance Policy, Regulatory and Supervisory Framework for Nigeria. Abuja: Central Bank of Nigeria. Eluhaiwe, P. N. (2005), â€Å"Poverty Reduction Through Micro Financing: The Case of India†. CBN Bullion, Vol. 30, No. 3, pp. 42-51. Idolor, E. J. (2007), â€Å"Micro Financing in Nigeria: Challenges and Prospects†. Nigerian Journal of Business Administration, Vol. 9, No. l&2, pp. 134144. Igbinedion, O. J. and A. S. Igbatayo (2004), â€Å"Micro Credit and Poverty Reduction in Sub-Saharan Africa: Challenges and Policy Framework in Nigeria†. Nigeria Journal of Business Administration, Vol. 6, No. 2, pp. 15-35. Kimotha, M. (2005), National Micro Finance Policy Framework and its Expected Impact on the Micro Finance Market in Nigeria. CBN Seminar to Mark the International Year of Micro Credit in Nigeria, 15-16 December, Abuja. Nyberg, A. and S. Rozelle (1999), Accelerating China’s Rural Transformation. Washington, D.C.: World Bank. Ukeje, E. U. (2 005), â€Å"Poverty Reduction Through Micro Financing: The Case of Uganda†. CBN Bullion, Vol. 30, No. 3, pp. 52-63. Ahmed S. A.(2006), the role of SMEs in developing economy, Abuja, Omotayo and co. ltd. Ojo O. (2009), Impact of Micro Finance on Entrepreneurial Development: A case of Nigeria. A paper presented at the International Conference on economic and administration, organized by the faculty of Administration and Business, University of Bucharest, Romania, 14th 15th November, 2009. 2000, World Development Report 1999/2000; Entering the 21st Century. New York: Oxford University Press, 2001, World Development Report 2000/2001; Attacking poverty. New York; Oxford University Press.