Tuesday, August 6, 2019
A Case for Kenya Essay Example for Free
A Case for Kenya Essay Foreword After two and a half years of studying, I was given the opportunity to do a research project as part of my graduation. Since I wanted to go abroad for a longer time, I tried to look for internships in countries outside the Netherlands. In my second year, I did an internship at Move Your World. Move Your World aims to create awareness on (business) development issues among young Dutch citizens by organising workshops, seminars and competitions. Working with this subject for five months made me realise I wanted to find an internship in a developing country, focusing on business topics. After the internship, Move Your World offered me a job as a project assistant. The job description said I had to work with international development matters and I had to host the vacancy platform on the website. This meant that most vacancies regarding international development would end up in my inbox. I took the job and one of my main goals was to find a suitable internship abroad, regarding some sort of business topic. See more: Beowulf essay essay Luckily, in October 2010, Stichting AfriCultureââ¬â¢s vacancy dropped in my inbox. There were two main aspects that triggered my attention. First of all, it was in a developing country, Kenya. Secondly, I had to construct a business plan for an organisation. It suited perfectly to my wishes. I applied and I was selected to go to Kenya, together with two other Dutch business students. For the past three months I conducted a research for Mizizi Foundation, an organisation that tries to create awareness on Corporate Social Responsibility and Sustainable Entrepreneurship among Kenyans. The problem I dealt with was finding a way to restart Mizizi Foundation. Working with an organisational restart issue was very interesting to me, since I may like to set up an organisation myself in the future. Furthermore, I learned a lot about Corporate Social Responsibility. I now believe that implementing a Corporate Social Responsibility-policy is a must for all organisations in the world. I would like to thank Anoek Vriesema, director of Stichting AfriCulture, for selecting me to go to Kenya and for having faith in my capabilities. In addition, I would like to thank Mr. Van Nispen, my supervisor, for his constructive advise on my thesis, and Froukje Joosten, my mother, who is a researcher, for her time-less patience in going through my work. Special thanks go out to three persons in particular. First of all, to my two dear colleagues Marleen and Ester, with whom I have been living and working for the past three months. We managed to combine a lot of fun with serious work, which resulted in a very good business plan and friendship for life. Last but not least, I would like to thank George Muni, chair of Mizizi Foundation, for his professional attitude and his joy, and for giving me the possibility to integrate in the Kenyan way of life. Muni was dedicated to continue with Mizizi. As Muni called it, ââ¬Å"Mizizi is a phoenix about to rise from the ashes.â⬠Mizizi is the Kiswahili word for roots.
Monday, August 5, 2019
Procurement And Contract Advice For Clients Construction Essay
Procurement And Contract Advice For Clients Construction Essay This section of the report outlines both traditional and design and build forms of procurement to aid clients in understanding and selecting the appropriate method. Traditional Procurement: The most well known and widely accepted form of procurement in the construction industry. Traditional procurement caters for all types of client from individuals constructing a project for the first time too large complex projects where the function of the building is paramount. Traditional Organisation Client / Employer Contractor Subcontractors Employers Agent Quantity Surveyor Architect Civil / Structural Engineer Other Designers Contractual LinkThe traditional organisation diagram highlights how contractual links are formed within traditional procurement. As the client you are contractually bound to the design team. This is important and should be considered seriously as the contractor is at no direct contractual link to the architect. The primary procurement method in traditional procurement is the two stages tender. Initially the client must produce a brief which outlines what your requirements. This must include relevant figures such as budget and time constraints. Now a team of consultants needs to be appointed, this will comprise primarily of an architect who will guide you through the design and construction processes. Other members will need to be appointed based on the scope of the project. These include a quantity, structural engineer and a clients representative on larger projects. (Stage one) Design and tender documents can now be produced. A select number of contractors will be invited to tender on the partially completed tender documents. This will include a build up of the price of the project via a document called the bill of quantities. (Stage Two) A contractor is now selected based upon the price and having the relevant resources required to complete the project. The contractor now has involvement with the design team to negotiate a finalised price for completing the construction works. Also he can have involvement in finalising the design. This form of procurement is considered low risk as the risks to overspending, delays and failures in the design are reduced. This can only be achieved however, if the design has been thoroughly produced by the architect and completion date targets specified are unreasonable. Design and Build procurement: This procurement method differs from traditional procurement as the contractor is largely responsible for the design work. This relieves some of the contractual pressure on the client. With the contractor being involved in the project from the design stage it allows their expertise to be incorporated into the design phases. One of the largest advantages to design and build is the reduced time scale that projects can run to. Design information can be still being produced while construction work commences. This doesnt come without its risks however. Client / Employer Contractor Subcontractors Employers Agent Quantity Surveyor Architect Civil / Structural Engineer Other Designers Design and Build Organisation Tendering for design and build projects is more costly than traditional projects therefore the number of contractors tendering is reduced. This is due to the time and resources it takes for a contractor to produce the relevant design and pricing information. Cash flow within a design and build project can be more substantial in the beginning than traditional as the contractor requires money for the design as well as construction. This is also due to larger risk being imposed on the event of an issue in the design being raised by the client as the contractor is the first point of contact. This will then cover the costs of having to transfer this information. This is not required in traditional forms of procurement as the client is in direct contact with the architect. Types of Contract (The information for types of contract has been cited from deciding on the appropriate JCT contract 2008 available from the CIS published by Sweet Maxwell limited) Traditional: Lump sum contracts The agreed sum of construction is agreed based on a design and specification. A bill of quantities is produced for the contractors to price the works. Measurement contracts The end price of the construction works is not agreed until the end of the construction project. Cost reimbursement contracts Price of labour, plant and materials is calculated at the end of the project. Overheads and profit is then added onto this. Design and Build: Package deal or turnkey contract A package is selected usually from a set standard of specification from a contractor. Design and Build contracts This form of contract will cover the contractors obligations to the design and build of the project. JCT Standard building contract with quantities: This form of contract is suitable for the traditional procurement method. The client must appoint an architect, contract administrator and quantity surveyor to administer the work. Contractors will tender the works based on the drawings and a set of bill of quantities. Design and build contract: Standard form of contract for design and build works. Contractor is principally responsible for the design and construction of the project. Partnering: JCT contract also provides an outline for setting up a partnering agreement between select members of a construction project. Everyone throughout the supply chain is bound to the agreement to work collaboratively and to have everyone best interests in mind. This should be considered as a form of contract that Hotels R Us should look into in the future when they have sufficient experience in the industry. ICE This form of contract is suitable for civil engineering works such as bridges, roads and dams. The project will be designed by a team of engineers and qualified contractors will tender for the work. The engineer is the principal administrator acting on behalf of the client. NEC 3 compensation and event clauses The NEC 3 contract was derived from Ice form of contract. The principle goals of the NEC contract are to provide a contract that is flexible, simple and clear to understand. There are many different types of NEC contract which cover traditional and design and build types of procurement. This section is going to cover early warning procedures, compensation and event clauses. Early warning clauses can be found in section 16 of the NEC contract. These are basically a set of rules that the project manager and contractor must adhere to when they are aware of a cost or time issue on the project. It is there duty under contract to notify one and other and request an Early warning meeting which relevant members should be invited such as the client, architect or quantity surveyor. During these meeting the issue will be discussed and the relevant actions that need to be taken should be appointed. The advantages to this system of traditional methods of the contractor submitting a formal notice is that issues can be resolved in the most economically viable method, this offers clients more safety in terms of cash flow. Compensation events are covered in section 60 of the contract. These are claims made by the contractor requesting either more time or money for the project. The project manager can also notify the contractor if he is aware of such an issue. NEC3 outlines the methodology behind compensation events, the contract has eight weeks to notify being aware of a compensation event and must make a claim within this period. As a client entering into the construction industry for the first time it is often difficult to understand how and why construction projects can run over budget and cost more money. The compensation events detailed in the NEC3 contract try to justify how such events can occur.
Sunday, August 4, 2019
James Watt :: essays research papers
JAMES WATT James Watt, the son of a merchant, was born in Greenock, Scotland, in 1717. At the age of nineteen, Watt was sent to Glasgow to learn the trade of a mathematical-instrument maker. After spending a year in London, Watt returned to Glasgow in 1757 where he established his own instrument-making business. Watt soon developed a reputation as a high quality engineer and was employed on the Forth & Clyde Canal and the Caledonian Canal. He was also engaged in the improvement of harbours and in the deepening of the Forth, Clyde and other rivers in Scotland. Ã Ã Ã Ã Ã In 1763 Watt was sent a Newcomen steam engine to repair. While putting it back into working order, Watt discovered how he could make the engine more efficient. Watt worked on the idea for several months and eventually produced a steam engine that cooled the used steam in a condenser separate from the main cylinder. James Watt was not a wealthy man so he decided to seek a partner with money. John Roebuck, the owner of a Scottish ironworks, agreed to provide financial backing for Watt's project. When Roebuck went bankrupt in 1773, Watt took his ideas to Matthew Boulton, a successful businessman from Birmingham. For the next eleven years Boulton's factory producing and selling Watt's steam-engines. These machines were mainly sold to colliery owners who used them to pump water from their mines. Watt's machine was very popular because it was four times more powerful than those that had been based on the Thomas Newcomen design. Watt continued to experiment and in 1781 h e produced a rotary-motion steam engine. Whereas his earlier machine, with its up-and-down pumping action, was ideal for draining mines, this new steam engine could be used to drive many different types of machinery. Richard Arkwright was quick to importance of this new invention, and in 1783 he began using Watt's steam-engine in his textile factories. Others followed his lead and by 1800 there were over 500 of Watt's machines in Britain's mines and factories. Ã Ã Ã Ã Ã In 1755 Watt had been granted a patent by Parliament that prevented anybody else from making a steam-engine like the one he had developed. For the next twenty-five years, the Boulton & Watt company had a virtual monopoly over the production of steam-engines. Watt charged his customers a premium for using his steam engines.
Saturday, August 3, 2019
Operation Barbarossa - Hitlers Russian Offensive :: World War II History
Operation Barbarossa - Hitler's Russian Offensive The Russians Would never have joined the war if it weren't for the German invasion of 1941 - Operation Barbarossa. This parallels the USA intervention - they only joined because the Japanese bombed Pearl Harbour. Operation Barbarossa commenced on the 22nd June, 1941. Just over 3,000,000 German troops invaded the USSR. Stalin doubted the country ability to perform well on the battlefield since the Finnish War, refused to counteract the Germans preparations, for fear of provoking them into war. The Russians concluded that the German form of attack - The Blitzkrieg - would not be possible on Russia. The German infantry outnumbered the Russian, but the Russians had more artillery and aviation forces. The Russian infantry was told that it was not to retreat, do was destined to become destroyed or captured. The Germans set up 3 army groups, and assigned them to 3 different areas:- North - Leningrad Central - Moscow South - Kyyiv The generals agreed that they had to lock the Russian forces into battle, in order to prevent them escaping into the rest of the vast country. However, they disagreed on how to do this. The majority of them thought that they would sacrifice everything to protect Moscow; the capital; the centre of industry; the centre of all the networks and transport. Hitler disagreed. He believed that the Ukrainian area - for its resources - and the oil of the Caucasus were much more crucial. A compromise was made. Army Group Centre would march towards Moscow. The victory was predicted for ten weeks ahead. This timing was crucial because it would be impossible to fight once the short Russian summer had ended. Things seemed to happen a lot faster. In the first month Germans had already encircled Bialystok and Minsk, and on August 5th, the Germans crossed the Dnepr River, the last natural obstruction to Moscow. The group defeated a small force in Smolensk, capturing another 300,000. When it had reached Smolensk, it was two-thirds of the way there. Hitler decided to change plan. He sent the group north to help the other two groups, ignoring the generals' protests, thereby stopping the advance to Moscow. On September 8th Army Group North had, together with the Finnish army, brought Leningrad to siege. On September 16th Army Group South had captured Kyyiv, with 665,000 prisoners.
Friday, August 2, 2019
Natural Selection, Scale, and Cultural Evolution Essay -- Natural Selec
Evolution can be seen throughout all aspects of life, but for each aspect evolution does not occur in the same process. In his article entitled ââ¬Å"Natural Selection, Scale, and Cultural Evolution,â⬠Dunnell emphasizes and explains why evolution has made such a small impact on archaeology. Cultural evolution and biological evolution are not the same. Biological evolution uses theoretical propositions that explain the mechanisms of biological adaptation and evolution. The laws of cultural evolution ââ¬Å"are not theoretical propositions but rather empirical generalizationsâ⬠(Dunnell, 1996: 25). Cultural evolution does not explain the differences among the occurrences cultural phenomena. Dunnellââ¬â¢s main goal is to effectively formulate ways to integrate evolutionary characteristics and anthropological theory (Dunnell, 1996). Dunnell believed that evolutionary biology is a better method to explain evolution in cultural anthropology and archaeology rather than cultural evolution. The main problem with biological evolution is the dilemma of altruistic behavior in humans, which is the exact opposite of natural selection. Dunnell states that altruistic behavior is ââ¬Å"the ultimate of the selfish principlesâ⬠(Dunnell 1996: 26). The original solution to the issue of altruistic behavior was thought to be to change the scale of which natural selection works from that of the individual to the group. However, Dunnell gives three reasons why this change usually would not work. First, the individual, not the group, is the mean by which the reproductivity occurs. Second, the individual is the mean by which observable characteristics show themselves. Finally, changes in higher levels of ranking in society, such as that of the group, are too slow for ... ...a ââ¬Å"cultureâ⬠(Dunnell 1988). After a forty years absence, the cultural evolution method was revived in the mid-twentieth century. At first, many rejected the revival of this method, even though they were still using some aspects of the method, i.e. the stages of a cultures development. The twentieth century cultural evolution method differed from the earlier model in a few ways, but the main difference was in the definition of ââ¬Å"progress.â⬠During the nineteenth century, ââ¬Å"progressâ⬠was broadly defined as ââ¬Å"the betterment or similarity to modern European cultureâ⬠(Dunnell, 1988; pg 176-177). During the twentieth century, however, ââ¬Å"progressâ⬠took the definition of ââ¬Å" the increase in the amount of energy captured by societyâ⬠(Dunnell, 1988; pg 177). This simply means that the ââ¬Å"least developedâ⬠cultures used less energy than ââ¬Å"more developedâ⬠cultures (Dunnell, 1988).
Economics Book Critique Essay
Paul Rubin began his preface by stating that tabula rasa should no longer be viewed as something credible. Rubin maintained his conclusion that evolutionary biology would eventually be the foundation of all social sciences. He maintained that the fundamental taste for liberty is a genetic legacy from the hunter-gatherer bands in the history of mankind. He stated, ââ¬Å"I reach a surprising conclusion: modern western nations, and particularly the United States, are the most effective societies for satisfying our evolved political preferencesâ⬠(Paul, p. x) Rubinââ¬â¢s attitudeââ¬â¢s towards liberty is the one which cost me a great deal of apprehension, in spite of the fact that it is not brought up much in the book. Although I enjoyed reading the book, the fact that so little has been said regarding freedom, I believe, ought to be a cause of serious apprehension. In regard of the contended predominance of Rubinââ¬â¢s concentration on the biological foundation which lies beneath the current state of human liberty, he should have considered beginning with animal freedom as articulated by, say, Pavlov on the ââ¬Å"freedom-reflexesâ⬠. The foundation of Rubinââ¬â¢s opinion appears to be a firm certainty that human control and freedom are polar opposites. In fact on his Preface he claimed that when he began the research he was still a libertarian and thus he does not understand much of governmentââ¬â¢s constant rules regarding human behavior. He stated, ââ¬Å"I have not used evolutionary analysis to prove points in which I already believedâ⬠(Paul, p. xv). I was quite bewildered upon reading this remark especially since his declarations seems to exhibit an absolute lack of understanding regarding the vital social control as well as counter-control procedures. It also showed a black void of nearly enormous quantities in awareness of the huge body of literature which could be dated back from the founders of civilization. Rubin feelingly asserted ââ¬Å"There are substantial benefits from limiting government power and great dangers from allowing it to increase. It is, therefore, a puzzle, to explain why so many seek to increase the power of governmentâ⬠(Paul, p. 134). His statement seems to be a little naive. Rubin admitted that most normal individualââ¬â¢s desires governments to do pretty much more than defend them from dishonest dealers, banks, and the like. Most citizens knows the danger of the profound corruption from financial organizations and this is the reason why it is not really much a ââ¬Å"puzzleâ⬠why they want to increase government power. The same could be said with the worldââ¬â¢s third world countries with weak economies. They look for international kind of government in order for the mistreatment of other advanced countries to be limited if not stopped altogether. The book Professor Rubin wrote is interesting in spite of the fact that I do not agree much with the things he mentioned there particularly on the issue of freedom. Professor Rubinââ¬â¢s, Professor of Economics, attitude towards society and liberty appears to intentionally shun the standard control terminology. He talks a great deal of power, and acquiescence in separate terms of dominant, counter dominant, and the like instead of using the standard terms such as social control and counter control. There are no discussions regarding socialization, customs, introjections of values, punishments, and the like. Overall, I view Professor Rubinââ¬â¢s work to be stimulating particularly because he have some unique views of his own which made me think mentally and allowed me to exercise my faculty of reason. Although I do not agree much with the things he claims, I could still say that his book was an interesting read as well as thought provoking and for these reasons I recommend this book to everyone.
Thursday, August 1, 2019
International Trade, Comparative Advantage and Protectionism
Group D INTERNATIONAL TRADE, COMPARATIVE ADVANTAGE AND PROTECTIONISM 1. According to the table above determine which country has the absolute advantage in corn and which in soybeans. In addition, determine which country has the comparative advantage in corn and which in soybeans. Make sure to support your answer by deriving the opportunity costs of each. Ans. A producer with absolute advantage over the other in the production of a good or service is if it can produce that product using fewer resources. Therefore; Canada has absolute advantage in Corn and Mexico in Soybean.Comparative advantage is the producer with the lowest opportunity cost. Opportunity cost is theà cost of an alternative that must be forgone in order to pursue a certain action or the benefits you could have received by taking an alternative action. For example, the opportunity cost of going to college is the money you would have earned if you worked instead. On the one hand, you lose four years of salary while ge tting your degree; on the other hand, you hope to earn more during your career, thanks to your education,à to offset the lost wages. Canada O/C for corn 8/2 = 4 soybeansCanada O/C for Soybean8/2 = 0. 25 Corns Mexico O/C for corn2/10 = 0. 2 Soybeans Mexico O/C for Soybean10/2 = 5 Corns Canada has comparative advantage in soybean and Mexico has comparative advantage in corn. 2. According to the table above, would there be trade flows in both directions if the exchange rate were $1 = 1 peso? Ans. The USA would gain by exportingà plastic and importing pesos from Mexico. At an exchange rate of 1:1, it now only has to give up $1 worth of plastic to obtain 1 pesos, whereas before trade it had to give up $4 for 8 pesos.On the other hand the USA would not benefit from trade on paper because at the inception USA was getting a good rate on paper at $1 to 3 pesos. 3. If a lower exchange rate spurs exports then why wouldnââ¬â¢t it be a good idea of policymakers to intervene to push the ex change rate as low as they can? Ans. It is not a good idea for policy makers to intervene to push the exchange rate as low as they can because importers sometimes would not benefit or get value for their money. The exchange rate would also affect the quantity of goods received. . What is protection as it refers to international trade? Ans. Protectionism is restraining trade between countries through methods such as tariffs through imported goods, restrictive quotas, and a variety of other government regulations designed to allow fair competition between imports and goods and services produced domestically. 5. Explain the law of comparative advantage and why it is important in international trade? Ans. The concept of comparative advantage is an integral part in achieving increased gains in international trade.The concept, first introduced by David Ricardo in 1817 states comparative advantage exist when a country has a ââ¬Å"margin of superiorityâ⬠in the production of a good or service, where the marginal cost of production is lower. He explained how trade can benefit all parties such as individuals, companies, and countries involved, as long as goods are produced with different relative costs. The net benefits from such activity are called gains from trade. This is one of the most important concepts in international trade.According to the principles, benefits of trade are dependent on the opportunity cost of production. Opportunity cost is measured in terms of what you give up of another other. A country with no absolute advantage in any product, i. e. the country is not the most competent producer for any goods, can still be benefited from focusing on export of goods for which it has the least opportunity cost of production. When countries specialize and trade based on comparative advantage consumers pay less and consume more and resources are used more efficiently.Countries which are open to trade grow faster over the long run that those that remain cl osed. Increased trade benefits consumers and producers, through lower prices and access to a wider variety of goods. This is due to specialization which lowers cost and competition. Trade helps countries in allocating resources as efficiently as possible; it also allows countries to accumulate resources more quickly. 6. Distinguish between a tariff and quota? Explain the effect of tariff/quota on domestic consumption, prices and output. Ans. Tariffs and quotas are tools implemented to protect domestic industries.To distinguish between both we need to explain what a tariff and a quota is. A tariff is a tax or duty placed on imported goods by a domestic government and does not apply to sales of domestically produced goods and a quota is a limit on the quantity of imported products. Base on the explanations above we can note that tariff is imposed to make goods imported from foreign countries more expensive as it raises the price of an imported good, making it more expensive than simil ar domestic goods which protects domestic producers from dumping by foreign countries.As outlines on businessdictionary. com ââ¬Ëdumping is exporting goods at prices lower than the home market pricesââ¬â¢. The rational is to increase demand for domestic products while reducing the quantity of imports. Tariffs are a benefit to domestic producers who faces reduced competition in their home market. The reduced competition causes prices to rise. Sales of domestic producers should also rise, all else being equal. With the increase in production and prices this will cause increase employment and a rise in consumer spending.The tariffs also increase government revenues that can be used to the benefit of the economy. Once the price of the good with the tariff has increased; the consumer is forced to either buy less or of some other good. The price increase will cause a reduction in consumer income. A quota sets a limit on the quantity of goods that can be imported during a particular period. Quotas are employed to protect new industries and keep market entry costs low for domestic producers. They also protect domestic jobs by ensuring that foreign products are not imported in sufficient numbers to meet current demand.This will ensures a percentage of the existing market share is retained by domestic companies. Once there is an increase in imports quotas are more protective than tariffs. Quotas benefit the government by protecting domestic corporations to keep people employed. 7. ââ¬Å"Economists have demonstrated that imports benefits consumers while causing losses to producers and exports benefit producers while causing losses to consumers. In the balance then international trade neither benefits nor hurts a nations as a whole. â⬠Evaluate this statement. Ans.International trade is the exchange of capital, goods, and services across international borders territories. The international trade accounts for a good part of a countryââ¬â¢s gross domestic pro duct. It is also one of important sources of revenue for a developing country. The trade which exists between countries consists of buying goods that are produced at a lower cost elsewhere. Individual and countries have different abilities in producing their goods; taking the advantage of these differences in order to have efficiency will enable each to experience gains from trade. . If the Bank of Jamaica suddenly switches to a more expansionary policy, explain the effects it will have on the exchange rate and balance of payments of Jamaica. According to investopedia (2012),an expansionary policy is a macroeconomic policy that seeks to expand the money supply to encourage economic growth or combat inflation (price increases). One form of expansionary policy is fiscal policy, which comes in the form of tax cuts, rebates and increased government spending.Expansionary policies can also come from central banks, which focus on increasing the money supply in the economy. The bank of Jama ica cab increase money supply in two ways. These are; * By reducing the policy interest rate * Open Market Operations due to the purchase of certificate of deposits Reducing the policy interest rate and Impact A reduction in the interest rates will result in Commercial banks and other Deposit taking institution extending more funds to individuals and businesses.In other words the increased ability to borrow funds due to a reduction in policy interest rates will cause more Jamaica dollars to be in circulation. The excess supply of money will result in pressure on the Jamaican dollar resulting in a depreciation of the Jamaican dollar. The pressure that is exerted on the Jamaica dollar due to an expansionary policy will cause a widening of the balance of payment deficit. The Jamaica economy is heavily dependent on imports and therefore it would cost more to import product and services ******
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