Saturday, August 31, 2019

My Ideas Essay

Australian vision means that which are seen or imaginative image and people mind. Therefore the phrase †Australian vision† simple means something which are seen or imagined on people’s mind to describe Australian as a unique country. On the film â€Å"Strictly ballroom†, show Australian vision on every figure’s vision was obvious on the mind. One of the ideas about Australian is the multicultural; it’s obvious vision of the film about Australian’s vision. The vision show on the part of Scott dance Paso doble on Fran’s home, that Australian vision is multicultural. Fran’s family come form Spanish, is different to Scott’s cultural, Scott is a local of Australia, they are living on different cultural, even so they are make friendly and respect each other, happy dance together, enjoy a freedom steps world, Scott looked like a part of the Spanish family, in effect he not a real a Spanish, but it relevantly show sense of Australian is multicultural. We can saw very clearly, Scott is a professional dancer, he always dance wears colorful clothes, dance on dance hall, but in the film of part of dance on Fran’s home, Scott just wears comfortable clothes and dance on the backyard of a house, near railway, the very noise when the train passing. He is happy and enjoys it, dance with Fran’s family, and integrate with the Spanish family. Can be got idea about the vision, the vision for Australian, are multicultural country. On the life in Australia many different colors of people, many different cultural of people, and many different languages of people, the country just like a palette, many different come together, many possibility.

Friday, August 30, 2019

Education and Students

Copyright Student Coursework A percentage of the price you paid for this work will be passed on to the author. Institution: City & Guilds Course: 6302 Preparing to Teach in the Lifelong Learning Sector PTLLS Unit: 1 Task: Theory 1 Words: 1231 Title: Describe what your role, responsibilities and boundaries would be as a teacher in terms of the teaching/training cycle.As a teacher in Beauty Therapy I would have many roles and responsibilities some of which can be lesson planning, identifying a students needs and referring students to other agencies or services, to set goals and motivate students, understand and respect students, attend meetings so I can keep up to date with relevant guide lines and legislation relating to my subject in which I teach, to name just a few. Teachers require many skills and qualities such as knowledge in the subject in which they teach, confidence, being organised and trustworthy.I also have a duty of care to my students to look after their health and safet y in the environment in which I teach. I have to set boundaries within which to work, in order to keep my student/teacher relationship on a professional level and to be able to deliver quality teaching within a safe environment. In terms of the training cycle a teachers’ role and responsibilities involve the following: Identifying needs It is essential I find out the needs of the subject and students in order to plan lessons.Students’ needs should be established from interviews, application forms, ice-breakers etc. Any special requirements can be picked up at this stage and planned for e. g. dyslexia, dysphasia and also any disabilities which may influence class location e. g. access, specialised equipment etc. I will discuss with the student what he or she wants to achieve and how to go about this, the objectives are the steps taken to attain this outcome. It is important to know a students needs in order to do a suitable lesson plan.I will treat each and every studen t as an individual with respect to their own individual needs for example if a student needs extra support from another source I need to be able to tell them where they can get the support they require. I need to make sure all resources and facilities are available to the students when they need them. Identifying needs and an understanding of my students as well as good communication is essential to successful teaching, whether it be with primary age children, GCSE level students to further education students wanting to gain skills relevant to their work or wishing to embark on a areer change. â€Å"Variety in teaching and learning will ensure that your sessions are meeting individuals’ needs and are addressing different spans of attention† (Wilson L 2008 : 38 ) It is forbidden to copy or resell this work without written permission Http://www. studentcoursework. co. uk 1 Copyright Student Coursework A percentage of the price you paid for this work will be passed on to the author. Plan and Design The course content needs to relate to the syllabus and any constraints should be considered e. . time, resources, methods of delivery, variety, health and safety etc. Activities and resources should be tailored to the needs and level of the students whilst also being aware of individual needs. Activities should vary in order to keep my students interested and help them to learn progressively again, health and safety issues need to be taken into account when performing any activities and also availability of resources.There may be a need for a risk assessment if the activities include a field trip and resources may need to be booked in advance e. g. IT equipment, transport. â€Å"when delivering learning, plan tasks in a logical order, relating theory to practice and involve students with their own experiences. Always state clearly what you are going to do and why. Recap and summarise topics, repeat key words and ask questions to check learning. Try not t o do too much or complicate your delivery as knowledge takes time to be assimilated.Keep things simpleâ€Å". (Garvells A 2007 : 6 ) Deliver / Facilitate When planning and delivering I will need to acknowledge and respect the individual needs of a student, and where more help and support is needed students can be referred to Learner services for the appropriate support. I will deliver lessons in a way my students will understand. My Knowledge transfer is important to any student. I shall make sure a student understands the information I am delivering and I will do so in a way which an individual student will understand.I need to be flexible with my techniques a lesson plan is only a guild and I may have to make adjustments as I deliver. I will aim to motivate my students and encourage students to participate in discussions and debates, ask them to share their knowledge and experiences. I need to manage my time well and keep to my goals and enjoy each lesson. â€Å"Ensure that ever y lesson includes methods that appeal to visual, auditory and kinaesthetic learners. Follow a structured style introduction, middle and an end. † ( Wilson L 2008: 169 ) Assess I will be constantly assessing from the very first application form which is completed.Every lesson is an assessment and as the teacher I will be looking for each and every ones input into the lesson. Questions and answers are relevant when assessing it is a way of knowing whether my students are absorbing and understanding the information which I am delivering to them. Without questions and answers assessing would be impossible. There are different ways of assessing it can be achieved by means of written tests, verbal tests or discussions, performing activities as a group or as an individual, assignments and projects.I should always be fair with my assessments and explain to my student if there are any issues with the assessment. I will explain why I have failed him/her, be open to constructive criticis m and don’t take things personal if a student disagrees with me. Also know my boundaries, there is no favouritism, I will encourage feed back and keep records ranging from a register to IPL’s and records of achievement which can be used to track a students progress and development as well as a way of evaluating.It is forbidden to copy or resell this work without written permission Http://www. studentcoursework. co. uk 2 Copyright Student Coursework A percentage of the price you paid for this work will be passed on to the author. Evaluate It is important to evaluate the learning process in order to ascertain its effectiveness. It helps to identify any problem areas and highlight where improvements can be made. Evaluation can be via feedback from students at the end of a lesson.It can also be in the form of self evaluation and reflective practice in order to help development and improve on teaching skills. I will encourage my students to keep a journal as this will help me and my student to identify their progress, their highs and lows in specific areas of their course. You can also recognise some ones stronger areas and their weaknesses allowing you to give them support in the areas that need that extra input and praising them for the areas which they have excelled.This also reflects on my delivery skills as a teacher allowing me to have the opportunity to touch up on my skills or areas in which students find challenging. It maybe I need to deliver this in a different way for a particular student to understand, resulting in a better method of teaching. Evaluation helps you look at things from a bigger picture, as course work comes together I will become aware if a student is falling behind or keeping up with the pace of the course in which I may want to change my methods of delivery or my lesson plan to suit the student.This brings me back round to the beginning stage of the cycle again where I can reassess and reflect before starting the whole cy cle again. Improvements and changes can then be made if necessary. References Gravells A. (2008) Preparing to teach in the Lifelong Learning Sector Third addition. Learning Matters Ltd Wilson L. (2008) Practical Teaching a guild to PTLLS & CTLLS Delmar It is forbidden to copy or resell this work without written permission Http://www. studentcoursework. co. uk 3

Thursday, August 29, 2019

American Civil War and Black Political Power

Although the victory of the North resulted in the end of slavery, that was not the stated aim of either President Abraham Lincoln or the industrial argosies that was the dominant social class in the North when the war commenced. The war began only as a result of the decision by most of the slave states to secede from the Union in 1861. Lincoln refused to end slavery, assuring all slave owners who cooperated with the federal government that they would maintain their property. His eventual decision to issue the 1863 Emancipation Proclamation, which decreed the end of legal slavery, was fundamentally a military decision.Without the enlistment of thousands of escaping slaves into the Northern army, the defeat of the Confederate army seemed remote. These newly enlisted Black soldiers, with their incredible resolve, determination and self- sacrifice, turned the tide. It was a case of law following reality: Slaves were deserting or refusing to work on the plantations in growing numbers, and they were demanding the right to join the battle. The military exigencies of the day overcame the white supremacist policy of the Northern army and the federal government, which had refused to abolish slavery until that time.The Emancipation Proclamation had the effect of drawing into the struggle the Black masses-?and it proved decisive. African Americans comprised a social class rooted in the slave system itself, and ultimately determined the outcome of the Civil War. After the proclamation, some 180,000 freed slaves enlisted in the Union Army and became fearless fighters against the army of their former masters. When Confederate General Robert E. Lee surrendered in 1865, the question of how to reintegrate the Southern states into the Union was sharply posed. This was the basis for the period of Reconstruction.It represented a contain caution of the conflicts of the Civil War, but under new circumstances determining the direction of the life-and-death struggle between the overthrown and the overthrowing classes. Suppressing counterrevolution Like every revolution, the military conflict of the Civil War was followed by a period in which the remnants of the previous order were suppressed, both by political means and by force. The French Revolution, the 191 7 Russian Revolution, the 1959 Cuban Revolution and others all relied upon extraordinary measures to survive and fight off the attempts of the former ruling classes to regain political power. How to suppress these forces had been the subject of debate in the Northern political circles throughout the war. On the one hand were moderates like Lincoln who wanted to incorporate as many elements of the old slave-owning class into a new pro-logion government. On the other hand, Radical Republicans like Thatched Stevens and Charles Sumner favored harsh repression and exclusion of Confederate society from political power. The Radical Republicans were the political driving force of Reconstruction. They were in an objective sense the revolutionary, unwavering and determined wing of the divided capitalist class.Their political base was in Congress, where they held a majority that grew in the years immediately allowing the end of the war. They understood that the freed slaves were the most solid base of support for the Union. African Americans rejoiced at the military defeat of the Confederacy. Across the South, ex-slaves organized meetings and political organizations to take advantage of their new freedom. Social gains of Reconstruction In March 1865, just weeks before Lee?s surrender, the federal government created the Freedmans Bureau.Ledger the military protection of Union troops, Black and white, the Bureau organized a vast education project for former slaves-?a project which laid the foundation for public education sanctioned. It was even authorized to carry out a land redistribution program, although such radical measures were never widely implemented. The decrees following emancipation challenged racist notions and recognized former slaves as human beings. The formerly enslaved and property-less Black masses looked forward to a new beginning free from racist violence and with compensation for everything they had endured. But differences emerged almost immediately over how to reconcile the interests of the freed slaves with the needs of the victorious Northern capitalist class. The tenuous political alliance of the anti-slavery forces during the Civil War soon broke apart. The Radical Republicans understood the strategically important role of African Americans in smashing the former slave-owning class. The moderates, however, sought to rely on a partnership with the old ruling class as opposed to the revolutionary momentum of the Black masses.Johnnys Black Codes President Andrew Johnson, who had assumed the presidency after Lincoln assassination, had postured as a Radical during the war. But he quickly emerged as the leading force of political reaction within the national Republican Party. After the defeat of the Confederacy, Johnson installed new governments in the Southern states made up wholly or primarily of pardoned ex- Confederates. In late 1 865, several of these Johnson-installed state legislatures passed laws known as Black Codes. These laws set up the terms for the newly freed Black population to participate in Reconstruction.They were in many ways precursors to the Jim Crow laws, creating a separate and unequal system for African Americans. The Black Codes varied from state to state, but they had common features. They provided for labor contracts for Black laborers-?often with terms not much different than slavery. They prohibited Blacks from migrating from one state to another unless they possessed papers specifying that he or she was bonded by contract to labor for an employer. They limited African Americans participation in politics with educational or property restrictions. Former slaves were generally described by the laws as servants, while the description used for employers was master. Economically, the main thrust of the Black Codes was to reinstitution the plantation system. For example, Blacks were restricted from choosing where they worked and the type of work they did. In many parts of the South they were forbidden to work in towns and cities. In some areas, skilled Black workers were required to receive a license or certificate in order to get employment in occupations other than in agriculture or domestic work.In the eyes of many, both former slaves and Northerners, the power of the former Slavonic was being restored. Johnnys Presidential Reconstruction was seen as selling out the gains of the Civil War. Further inflaming Radical imminent, in 1866 Johnson vetoed an extension of the Freedmans Bureau and a Civil Rights bill that would extend citizenship to African Americans. Radical Reconstruction and Black political power New elections to the House of Representatives took place in 1866.With the southern states not yet readmitted to the union, Radical Republicans made big gains, winning enough seats to override Johnnys vetoes. The ID-year period beginning in 1867 is what is known as Radical Reconstruction and was a period of the most far-reaching social change seen in Lignite States history. A Civil Rights Act was passed over Johnnys veto in March 1866. The Congress passed the Reconstruction Act, which put the whole former Confederacy under military control and forced the creation of new state governments in accord with voting rights for African Americans.African Americans organized into Union Leagues to exert their new political power. Over 600-?a majority former slaves-?were elected to state office during this period. A wide variety of social programs were introduced: widening public education, funding for health care for the poor in South Carolina, free legal aid for the poor in Alabama. Racist violence But each step forward for the newly emancipated African Americans was met by violent resistance by the former rulers. White Southern politicians colluded to undermine Reconstruction. As early as May 1 866, Gene.Nathan Bedford Forrest rallied a group of ex-Confederate soldiers in Pulaski, Teen. , to form the infamous UK Klux Klan. The Klan spread quickly throughout the Southern states. The Auks primary objective was to crush the new manipulation of African Americans. Knowing that the African American people had the will and numerical advantage to create the South in their own interests, the ASK targeted the families of outspoken Black leaders in twilight-hour raids of their homes. The terrorist organization also attacked progressive Northern whites who were serving the purposes of Reconstruction.Throughout Reconstruction, political debates in Congress or in state legislatures were accompanied by violent massacres committed by organized white racist groups. Such massacres took place in New Orleans in 1866, Memphis, Teen. In 1866, Pulaski, Teen. In 1868, Epilogues, La. In 1868, Camilla, ca. In 1868, Meridian, Miss. N 1870, Tutee, Ala. In 1870, Laurels, S. C. In 1870, New York City in 1870 and again in 1871 and in Collar and Southeast, La. In 1873. The list of these atrocities continues for the duration of Reconstruction, setting the precedent for the lynchings and apartheid terror for African Americans into the 20th century.African Americans defended themselves and the gains of emancipation through mass campaigns and with arms in hand. Regiments of Black soldiers patrolled streets throughout the South. But the weight of the racist whites organizations proved to be too powerful for the African American community o overcome-?especially as support for Reconstruction waned in the North. Racists sought to disarm the Black masses. Throughout the Southern states and neighboring regions, gun control laws were introduced-?but selectively applied only to African Americans, who relied on their guns to defend themselves. At the same time, economic depression in the 1 sass along with corporate corruption scandals led to the emergence of a growing anti-Reconstruction coalition in the federal government. Federal troops were removed in one state after another, each time resulting in the reversal of political and economic gains for African Americans. In 1 877, Republican president-elect Rutherford B. Hayes-?having lost the popular vote in the 1876 elections and with the election outcome uncertain in the electoral college-? agreed to what became known as the Compromise of 1876, or in the Black community as the Great Betrayal of 1876. Hayes and the Republicans agreed to remove all remaining federal troops from the South in exchange for the Republicans retaining the White House. A reign of ASK terror and lynching enveloped the South as the Northern troops were removed. The dictatorship of the Reconstruction period-?with the Old slave owners repressed and the ex-slaves living in a semi- democracy-?was replace d by the reintroduction of the old dictatorship of the Slavonic. The former slave owners could no longer possess human beings as their property, but they reemerged as junior partners of the Northern industrial bourgeoisie. In the southern part of the United States, this dictatorship of the Southern and Northern capitalists continued the legacy of unmatched cruelty and oppression of an entire people. The period known as Reconstruction was officially over. The first real experience of Black political power-?coming after centuries of attempted slave insurrections and resistance-?was ultimately defeated. Capitalist consolidation vs..Black liberation The Civil War that was led by the Northern industrial bourgeoisie, uprooting the slave-owning class in the South, opened the door for the exploited Black masses to organize and make real social gains. During the period of Radical Reconstruction, the interests of this oppressed class dovetailed with the Northern capitalists short-term interests in crushing their former rivals. This was despite the fact that the African American masses class interests were hostile to both Northern capital and Southern chattel slavery. The most important task for the U. S. Fatalist class was increased centralization and consolidation. It was in the midst of the genocidal campaign against the Native peoples in the west. Life-and-death battles with the newly emerging industrial working class were taking place in railroads, mines and factories across the country. The capitalists were within 20 years of joining the worldwide race for colonial plunder. The industrial capitalists made peace with the defeated Slavonic at the cost of many concessions-?the easiest for them being the aspirations of the exploited African American working classes.Although subjected to renewed and constant terrorism from the forces of white supremacy, who had all the institutional threads to political power in the form of control over local and state police forces, the freedom movement of the African American community could not be extinguished. Generation after generation found new methods of struggle. Between the mid-sass and the 1 9705, this freedom struggle culminated in he emergence of the broadest and most militant social movement in the history of the United States.It was this movement that would eventually force the U. S. Government to formally outlaw the apartheid system that replaced the Reconstruction era following its overthrow in 1877. The passage of the 1964 Civil Rights Act and the 1 965 Voting Rights Act restored the legal rights that had been violently suppressed 90 years earlier. The democratic aspirations of African Americans were betrayed by the capitalist class precisely because the interests of the bourgeoisie as an exploiting class could not be reconciled with the social interests of the exploited.

Wednesday, August 28, 2019

The varying role of IHRM in different MNCs Essay

The varying role of IHRM in different MNCs - Essay Example IHRM related learning and training â€Å"The overall purpose of human resource management is to ensure that the organisation is able to achieve success through people† (Armstrong, 2006, p.14). Human capital development, then, should be the focus of the definition of international human resource management, a difficult objective in a multi-national organisation that deals with customers and employees with varying values and different operational standards in environments that demand different regulatory compliance. Human resources involves maintaining flexibility and focus on the internal dynamics that drive or hinder organisational success as it relates to people development. â€Å"It emphasizes teamwork and employee commitment through the development of a strong value system that promotes corporate identity† (Panayotopoulou & Papalexandris, 2004, p.499). The main goal of IHRM is to establish a highly motivational environment and employee support related to merit awards, equal opportunities, involvement , empowerment, communication and individual or group development (Panayotopoulou & Papalexandris). This is especially true in an MNC where cultural values often conflict and a system is required to gain unity and harmony among differing employee attitudes and motivational preferences. It was first necessary to define the objectives of international HRM in order to determine best practice methodology for the MNC as it relates to people development and/or job satisfaction. In relation to organisational learning, especially as it pertains to training, conflict is a major consideration of the HR manager. van Dam, Oreg & Schyns (2008) identify that there are many psychological mechanisms that drive employee attitude as it relates to change leadership. It is leader-member exchanges and the perceived development climate that are the major concerns of IHRM leadership especially in an environment where a merger has just occurred where participation and trust in management require intensive focus (van Dam, et al.).In the MNC, especially a recently merged entity, change is constant and evolution of business practices are on the forefront of business development. Thus, in order to provide training that will be embraced by diverse employee or management groups or ensure organ isational learning, removing the barriers to success that are caused by change resistance are of considerable concern. For instance, one of the most fundamental issues arising in a recent merger or acquisition at the MNC is the restructuring of technology either through

Tuesday, August 27, 2019

Public Law 2 Essay Example | Topics and Well Written Essays - 1500 words

Public Law 2 - Essay Example Advice the Chief Constable as to whether the NUP have a right to conduct the demonstration and March and whether there are any legal means by which the event might be either banned or effectively policed. The area of law for examination is Section 132 and 133 of Serious Organised Crime and Police Act 2005, which came into force from 1 July 2005. Demonstrations in the vicinity of Parliament (Demonstrating without authorisation in designated area). Advise Constable Ullah as to whether he is within his rights to arrest Maria and Arif. Are there grounds to arrest those NUP members who are shouting obscenities at members of the crowd who hold opposite views to theirs? Is Nicholas detention lawful? It is well within the powers of the police constable, Ullah to arrest Maria and Arif under the powers conferred to him under Section 112 of the Serious Organised Crime and Police Act, 2005, (Part 3 : Police Powers etc, Powers of Arrest).   Yes, there are grounds to arrest those NUP members who are shouting obscenities at members of the crowd who hold views opposite to theirs. This has been provided under the various sub-sections of Section 110 (24: Powers of arrest: arrest without warrant: constable) of Serious Organised Crime and Police Act 2005. Under the powers conferred to him a police constable may make an arrest if he has reasons to believe that such a person could reasonably be believed to be a suspect for indulging in culpable offence. However the following conditions have to be fulfilled in order to validate the arrest. Under the Section 110 : 24A  :(a) â€Å"the person making the arrest has reasonable grounds for believing that for any of the reasons mentioned in subsection (4) it is necessary to arrest the person in question; and (b) it appears to the person making the arrest that it is not reasonably practicable for a constable to make it instead. In

Monday, August 26, 2019

Organisations and Behaviour Essay Example | Topics and Well Written Essays - 4250 words

Organisations and Behaviour - Essay Example BT Plc is an integrated company with two main departments. In both the departments, separate procedures are conducted for the completion of the business processes. The organization has a huge scope of proving its excellence in the future as well. The values, policies, collection of traditions, attitudes and beliefs constitute the organizational culture of BT Plc. High values encourage the employees and increase their efficiency thereby increasing the performance of the organization (Yeo and Li, 2011). Ryan Air Ltd being one of the low cost airlines in Fingal, Ireland possesses a functional organizational structure. It is one of the most successful examples of the low cost business models. There are different levels of management. The values act as the core of the organization including reliability, quality, action, feedback and informal communication. The functional organization structure separates the series of activities in different segments. Ryan Air Plc changes the organizationa l structure by expanding the business operations for the allocation of responsibilities to all the employees in appropriate manner. The main success behind the successful organization structure is the coordination in different departments within the organization. The organization was launched with the aim to achieve the low cost leadership model. But at the same time, Ryan Air Ltd did not want that the name of the organization to get associated with anything cheap. The airline has built and maintained a work culture which is said to be an exciting place to work in. The cost cutting strategies are implemented in each and every aspect of the organization. The employees in the organization are awarded for their excellent performances and at the same time, reprimanded on... According to the study findings  the organizational structure helps in the systematic functioning of the business operations. It’s objective of implementing cost effective techniques help in improving the financial performance as well. The most important business activity of the company is delivering mobile services to the customers. In the period of rapid technological change, the company maintains market leadership in United Kingdom. The organizational structure has helped in strengthening its international presence as well. BT Plc is an integrated company with two main departments. In both the departments, separate procedures are conducted for the completion of the business processes. The organization has a huge scope of proving its excellence in the future as well. The values, policies, collection of traditions, attitudes and beliefs constitute the organizational culture of BT Plc. High values encourage the employees and increase their efficiency thereby increasing the p erformance of the organization.This paper highlights that the organizational culture and organizational structure is dependent on each other. In business world, the organizational structure determines the attitudes, behaviours, dispositions, ethics etc which creates work culture. For example- If the organizational structure of a company is hierarchical in nature then it would reflect the absence of freedom or autonomy in the lower levels.  The procedure by which a company allocates power determines employee behaviour.

The Wyre School Sport Partnership Programme The Changing Role of the Essay

The Wyre School Sport Partnership Programme The Changing Role of the Physical Education Teacher - Essay Example The programme illustrates the government's attempts to create a collaborative approach between the Department of Culture, Media and Sport and the Department of Education and Skills, as well as other key agencies. The emphasis on such initiatives has gained momentum only since 1990's. There have been major investments made in sport in schools, which reflect a commitment from the Blair and Major governments. The success of this programme rests to a large extent, with the PE teachers who serve as a distribution channel for this initiative. Their new role as School Sport Co-ordinator confers on them, managerial and leadership responsibilities that they have not handled before. How PE teachers perceive their new role, their reactions and reflections, will impact the success of the implementation process of the School Sport Partnership Programme. The challenge that is posed for the PE teacher in the changed scenario is to not just supervise lessons, but also promote physical education to students. If PE staff is to work as a catalyst to ensure the success of this initiative, then they need to be encouraged to adopt a broader view of physical activity behaviour and understand their role in PE promotion. This calls for a study that will generate ideas to help PE staff don on the new role, and will provide an insight into PE staff's ability to manage change and successfully accomplish the conferred responsibility of leadership. To obtain an insight into the perceptions of the PE staff, and understand how the interpretation of the policy by PE staff impacts the realization of School Sport Partnership Programme's objectives, a qualitative research is proposed at the Wyre School. The study will be ethnographic in nature, based on interviews and data gathered through observations. The study will also influence my own role as a Partnership Development Manager by offering an insight into the motivations of the team that I work with, which will help in better management of the team to achieve common goals. The final research report will be presented in the form of a thesis. Review of Literature Sport Partnership Programmes The School Sport Partnership Programme is the government's initiative designed to raise standards in schools through an improved and coordinated delivery of PE and sport. School Sport Partnerships bring together multiple schools, clubs, local authorities, national governing bodies of sport and other community organisations under one umbrella, to provide opportunities in sport for students. Thus it increases sporting opportunities for young people by linking school PE and sporting opportunities in the community. The philosophy guiding the initiation of this programme is that of social inclusion, which encourages participation in sports of all young people, and especially those who have been under represented. It is planned that by 2006, every school in England will be part of one of 400 partnerships. The partnership comprises: Full time Partnership Development Manager (PDM) Teachers from secondary school who take on the role of the School Sport Co-ordinator (SSCOs) (allocated two days a week) Teacher from primary school to become

Sunday, August 25, 2019

Esterline Technologies and Lean Manufacturing Case Study

Esterline Technologies and Lean Manufacturing - Case Study Example Tier-1 supplier status puts the business organization into a more advantageous situation, which gives it a higher bargaining leverage. On the other hand, it also highlights the company's current performance. Cremin notes that, Tier-1 status "means that you can handle the next biggest thing; you can be trusted, you're reliable, and you have financial strength." Lean manufacturing has been instrumental in the deployment and success of the strategy. Esterline recognizes that lean manufacturing is a system which helps it achieve its manufacturing goals of "lower cost, improve quality, and build competitive barriers to entry." 3. What are the key components of a lean system and how do they compare with components of traditional systems As you prepare your answers consider dimensions such as: supply chain management, process architecture (layout), metrics, material flow discipline, inventory management, key performance metrics, use of IT, employee involvement, quality systems, equipment maintenance, scheduling, links between product design and manufacturing, and other factors that come to mind. Lean system is a quest in maximizing the efficiency through the elimination of wastage in the manufacturing process in a business organization. ... supply chain management, process architecture (layout), metrics, material flow discipline, inventory management, key performance metrics, use of IT, employee involvement, quality systems, equipment maintenance, scheduling, links between product design and manufacturing, and other factors that come to mind. Lean system is a quest in maximizing the efficiency through the elimination of wastage in the manufacturing process in a business organization. The key components of a lean system are often in contrast in a lean manufacturing system. In a lean system, supply chain management is very much important as the flow of goods within the organization is highly organized. Close collaboration with suppliers through the use of IT is emphasized in a lean system. In a traditional system, this is not practiced. In a lean system, plant and equipment layout is by product flow using cels or lines for product families. In traditional system, plant and equipment layout is by department function. Inventory levels and turnaround are closely monitored in a lean system where inventory levels are kept as low as possible while turnaround is high. The contrast is applicable to traditional system. In a traditional system, employee input into how operation is performed is low. In a lean system, employee empowerment is high as they are given the responsibility for identifying and implementing improvements. In the traditional system, there is no flexibility in the manufacturing schedule as manufacturing is difficult to handle and hard to adjust. Traditionally, production schedules are based on forecast. In the lean system, production is scheduled by customer orders which mean that product is pulled through the facility. In a traditional manufacturing system, quality is assured through lot

Saturday, August 24, 2019

Job Analysis Compensation Research Paper Example | Topics and Well Written Essays - 3750 words

Job Analysis Compensation - Research Paper Example Yet, this brings us to another point of concern, which is whether those employees are right for the position or the work that they are being compensated. It is true that there are those who have been promoted as managers even without the proper degree because they have been in these companies for so long and they managed to move from bottom up. In some situations, they own the companies, and for this reason they are being given the preferential option to determine what part of the company they would want to be. In this case, the point of compensation would be in vain because they would not be really compensated with the work they render but rather with the position they occupy. Also, in the years when companies have been shifting from manual to IT based, they have recruited or pirated IT employees (Gullo). Since there were only a few IT employees they were able to demand their price or the ones who pirated them were of course generous enough to give them more than they expect or even deserve. The objective of this paper is to strongly communicate the importance of compensation strategy in the workplace for the benefit of both the company and the employees. This is achieved by presenting related literature on the need for equitable compensation and of course on the question of â€Å"How much is too much?† Review of Literature This review includes articles published from reputable scholarly journals searched from ProQuest and ScienceDirect databases. These articles were selected using the keyword compensation strategy and topics selected for inclusion in this review were based on their content and type – news articles were not included except for those that provide background on the issue. Factors considered in compensation strategy Several articles have discussed factors to be considered in compensation strategy. The usual practice would have been to determine what the company is able to give, what the prevailing rate for the given position and/or what the employee may demand. In the normal hiring process (no pirating or ownership involved), the employee does not usually have the chance to demand for his compensation. However, there are some situations where in the company has the discretion not to follow the given or existing compensations like for instance when they create a new position to address environmental and organizational concerns. It is in instances like these where the compensation process may go wrong - toward overcompensation or undercompensation. The following articles discuss the suggested factors to consider in compensation strategy. Brooks, in his article, presents that compensation should not be seen as a mere company expense. In reality this value changes the behavior of how employees dictating also whether they have the potential to be satisfied or not. As such he suggests that companies should look into these things in determining whether they are paying their employees well: What do the competitors pay ? Meet them or beat them? How much should I pay for performance? What targets should I set? Like in the case of pirated IT employees, in the haste to invite them to the company, most have disregarded how much they should really be paid. Ferracone and Gershkowitz on the other hand focused on those who are in the executive compensation committees of

Friday, August 23, 2019

Film review for the movie blow Example | Topics and Well Written Essays - 1000 words

Film for the blow - Movie Review Example Later on, he visited his parents, and his mother had called the authorities to come and pick him up. He ended up in prison. However, there was a large question of how George was able to jump bail as he was already sentenced to two years. This is not how this would work ordinarily. Usually, the bail is set for the defendants who are awaiting trial and had not yet been sentenced. Then, after an individual has already been sentenced, they usually begin their incarceration right then and there. It is highly unusual that George was able to walk free after getting his sentence. Sometimes a defendant may be able to walk free after he or she has been convicted before they are sentenced if they post bail. But rarely a defendant gets a sentence and is able to walk onto the street after this. So, this was a peculiarity of the film, and one aspect that did not seem entirely realistic. Another unrealistic issue with the movie is the fact that after George is finally found and begins to serve his time, he is apparently sentenced to 26 months. His original sentence, according to George himself when he came out on the street and encountered Barbara who told George that she was dying, was 24 months. This would mean that even though George had jumped bail and had been hiding from the authorities for the previous two years, he only got two months added onto his sentence. It seems as if jumping bail should have been an additional charge that George would have had to face which would mean that he would have to be sentenced for that charge as well. However, it did not show that George had to stand trial nor be sentenced on his bail-jumping, and he only had to serve two extra months for what should have been considered to be a serious crime. Perhaps, the movie simply did not show that George was re-sentenced or charged with the crime of bail-jumping; it seems that George did not face this extra crime if he did not really have to do too much extra time. There is another scene, later o n, that also inexplicably features George jumping bail after being convicted of a drug-related offense. This was the scene after he and his party gets raided by the FBI. It was unclear exactly why the FBI was even surveilling George at this time as George had long since stopped the drug trade, so this was a question that was also left unanswered. However, George apparently gets convicted once again of distributing drugs, but again he becomes a fugitive. This seems especially unrealistic, considering that George had a history of being a fugitive so he should have been deemed a flight risk during this trial and been denied bail. Whether or not he got bail is not known. However, again he was seemingly able to be on the streets even after a conviction - this is doubly unrealistic. And he again gets a very light sentence – just three years. It is unclear what he was charged with and what he did wrong, but having already been convicted once of distributing drugs and apparently gett ing caught with a kilo of cocaine in his trunk, as he is on the run from another conviction, he would have to serve more than three years. After the previous lenient convictions it is especially mystifying that he finally got a sentence of 60 years for his final conviction. Compared to what he had done before, the conviction for his final act of drug distribution seems overly harsh. There are many similarities

Thursday, August 22, 2019

kingdom of matthias Essay Example for Free

kingdom of matthias Essay Starting in the early 1600’s English settlers began migrating to the Americas in search for liberty and the right to govern themselves in what they deemed a Christian manner. Thomas Morton, was one of the first to write about the Indians of New England. He condemned their religious beliefs claiming it was similar to devil like worship. (VOF,4) The Native Americans were seen to be living a much happier life even without religion, law and a king. This daunted Christian and they did not understand how this could be. It’s written that they claim their prosperity was full of evil and they would lead a happier life once bought to Christianity.(VOF,6) I feel this is the last America sees of true religious freedom. In reality, religious liberty existed in very few parts of the Atlantic world in during this time period. Most nations outlawed religious groups that rulers deems dangerous or disruptive. Among all the colonies, one that demonstrated religious freedom in a higher sense would be Maryland. Cecilius Calvert was a Catholic who wished to demonstrate that Protestants and Catholics could live in peace, something that was not seen in Europe. In 1649 Maryland established an Act Concerning Religion, which introduced religious tolerance, saying that anyone who troubled a Christian due to their religion would be punished.(VOF,27) I feel this allowed others to safely demonstrate â€Å"religious freedom†, but this is just one state among the colonies. During this time it was rare to have this type of true freedom. Like many settlers, the puritans came to American in search of liberty, and to govern themselves in what they deemed a Christian manner.(VOF,29) This is where Religious freedom loses the sense of freedom, because the puritans created their own definition of the word freedom. John Winthrop explains that freedom to them meant obedience to God’s laws and the law of rulers such as himself.(VOF,29-30) Basically you can see that they are imposing their moral stan dards on society as a whole, denying anyone other than themselves of true religious freedom. Unlike what Maryland was trying to implement, this colony believed in follow their religion, or be punished, much like a wide array of colonies. A prime example of this would be the trial of Anne Hutchison in 1637. Hutchison was accused of expressing opinions that did not match up to those in authority.(VOF,33) The trial gives examples of how if you stray against what the government deems Gods word, then you would be punished. Hutchison argues that she is reciting what she believes God told  her is his word, and Governor John Winthrop, one of her accusers, argues that this is another religion and its punishable. (VOF,35-39) Because Hutchison followed her own beliefs she is banished from their society, clearly being stripped of her natural right of religious freedom. Based on examples like this, what religious freedom really meant was, â€Å"do as I say or be punished†. You can see this start to shift as time goes on, you can see people start to realize the damage this is putting on society and settlers, such as Roger Williams, begin to branch out and start new movement. Williams founded Providence, Rhode Island, and then came to publish a letter claiming that no one should be forced to follow any particular religious belief, but they should still obey the government in charge of civil matters. (VOF,40) This is what religious freedom should have been from the beginning.

Wednesday, August 21, 2019

Future of Nuclear Power in Sustainable Development Essay Example for Free

Future of Nuclear Power in Sustainable Development Essay With the population increase and economic growth, energy is becoming an essential part for development. To some extent, in any development process, reliable access to modern energy services is needed. However, the world is facing the energy imbalance: that of energy generation have consequences for the environment so meeting this growth in demand while safeguarding the environment poses a growing challenge. To date, the use of nuclear power has been concentrated in industrialized countries, which might play in filling the growing gap between what the world wants to consume in terms of energy and what the environment tells us we can sustain is considered. 1〠Development of Neural Power In the last few years, the nuclear power is mainly used in the industrialized countries. More and more countries pay their attention to the introduction of nuclear power programs, such as Turkey, Egypt, Jordan, Yemen, etc, not limited to Asia. Also, other countries such as Argentina, Bulgaria, Kazakhstan, and South Africa are working to expand their works. As is shown by statistics, of the worlds 439 currently operating nuclear power reactors, 403 (or 91%) are in either OECD countries or countries with economics in transition [1]. In terms of electrical generating capacity, 349 GWCe) out of 368 GWCe) , or 95% of nuclear generating capacity is installed in these countries. At present, nuclear power is a proven technology which has provided more than 16% of world electricity supply [2]. In the future of nuclear power, many different views are raised on its sustainable development, particularly to innovative reactors and fuel cycles [3]. There are a number of significant environmental benefits arising from the use of nuclear power, but it does raise its own environmental issues. During the operation, some radioactivity is released at a very low level into the environment either via filtered emissions to the atmosphere or in liquid form in the cooling water discharged to sea. Thus, on one hand, nuclear power is a hazardous energy and should be phased out. On the other hand, the nuclear power can be sustainably used. Comparing with the fossil-based energy, nuclear power does not emit CO2 and other hazardous emissions, which the impact of the nuclear power chains on the health and environment is less negative than those for fossil-based energy. Currently, Europe, North America and some countries in Asia have been enjoying the advantages of nuclear power. 2〠Status of Neural Power To date, the use of nuclear power is increasing. In terms of new construction, however , the pattern is different, 16 of the 30 reactors now being built are in developing countries and most of the recent expansion has been centered in Asia China, for example, currently has four reactors under construction, and plans a more than five- fold expansion in its nuclear generating capacity over the next 15 years. India has seven reactors under construction, and plans roughly a seven-fold increase in capacity by 2022. Japan, Pakistan and the Republic of Korea also have plans to expand their nuclear power capacity [4,5]. In the near future, additional countries in the Asia-Pacific region will choose the nuclear power option. Vietnam intends to begin construction of its first nuclear power plant in 2015. Indonesia plans to build two 1000 MW reactors in central Javaa. Recently, the Energy Generating Authority of Thailand announced plans to build two large nuclear plants, with construction to be gin in 2015. In Malaysia, a comprehensive energy policy study – including consideration of nuclear power- is to be completed by 2010 [6]. The resurgence of interest in nuclear power [7-9] is not limited to Asia. Other countries such as Jordan and Turkey are seriously considering or planning for the introduction of nuclear power programs. And many others, such as Aragentina, Bulgaria, Kazakhstan and South Africa, are working to expand existing programs. In the USA, where no new reactors has been ordered in 28 years, these trends, plus excellent performance of the existing nuclear fleet and financial incentives in the Energy Policy Act of 2005, have led to a race to develop new nuclear power plants. Twenty countries now have new plants either under construction or under development with well over half of these new nuclear plants likely to be built over the next two decades in five countries- China, India, South Korea, Japan and USA. Also, in the USA, several dozen reactors are in various stages of proposal development, while international nuclear vendors and service providers are forming new alliances. Finally, rising uranium prices have led to development of new mines. 3〠Rising Interest of Neural Power Any negative impact on the population health and environment is unacceptable. Once it happens, it will be phased out. The negative consequences for nuclear power would be the same. If it is not possible or too expensive to improve sufficiently their safety, we must insist on their closing. The international conventions for nuclear safety were carried out, which legally enhance nuclear safety. Also, the IAEA updated the safety standards for reflecting the best industry practices [10]. Importantly, both the IAEA and the world Association of Nuclear Operators (WANO) , created international networks to conduct peer reviews and exchange operating information to improve safety performance. Another important factor is the strong performance of nuclear power that drives the renewed interest in nuclear power. Up to date, with more than half a century of operating experience, nuclear power is becoming a mature technology. In the past two decades, more and more significant improvements are made in nuclear power plant reliability, as well as lower operating costs and a progressively improved safety record. 4〠Problems of Nuclear Power a) Management of radwaste Annually, the spent nuclear fuel produced is about 10,000 tons, which is small when compared with the nearly 28 billion tons of carbon dioxide (CO2) waste from fossil fuels [11, 12]. In addition, the radwaste is most concerned point in public. Based on the expert experiences, the reasonable geological disposal of high level radioactive waste is safe and feasible. But for public, it is likely remain skeptical, which the nuclear waste disposal will likely remain controversial. The emphasis in the problem of radwastes should be in obtaining the support of people. On one hand, we should provide true information on comparative assessment of different energy sources. We should provide a clear report that there is no risk for the population health and environment from radwaste repositories. On the other hand, as soon as possible the countries with suitable places for repositories should license them and start the disposal process. Moreover, cooperation will be effective to share the burden of the waste disposal cost for countries with small nuclear power programs. b) Technological innovation If we want to develop the new reactor or fuel cycle technologies, technological innovation is needed. Currently, the nuclear Research and Development (RD) projects are focused on enhancing nuclear safety, reducing proliferation risks, minimizing waste generation and improving economic performance [13]. In particularly, many developing countries, such as some countries in Asia, have been devoted to develop small and medium size reactor designs. These designs allow a more incremental investment than is required for a large reactor, and provide a better match to grid capacity in many developing countries. To some extent, these reactors are more adapted in applications [14]. c) Nuclear non- proliferation With the increasing expectations for nuclear power, there are concerns regarding the spread of nuclear weapons and sensitive nuclear technology. However, at the same time, the nuclear proliferation should be prevented. Now, a safeguard system has been established to guarantee the peaceful application of nuclear technology. An integrated system of safeguards can and should permit effective control of non-proliferation by a combination of technical measures and the extension of institutional measures [15]. It would occur in two steps. The first step would create a mechanism for the assurance of supply of nuclear fuel, possibly including fuel bank to be managed by the IAEA. For countries that use nuclear fuel for electricity generation, this mechanism would severe as a supplier of last resort, thereby removing the risk of having their fuel supply interrupted for non- commercial reasons. The second step would seek to bring any new operations for uranium enrichment and plutonium separation under multinational control. These multinational controls should also be extended to facilities that already exist- to ensure that all countries are treated equally in terms of their nuclear capabilities. d) Economic cost Although cost is perhaps not a major factor affecting plans for nuclear power in most areas of the world, in the United States, which has the worlds largest nuclear program and sufficient growth in electricity demand to support substantial growth in generating capacity, the cost of electricity has been the dominant factor in determining what type of capacity gets built [16]. As the United States has moved to reduce the economic regulation of electricity generation, cost has become a competitive focus, and â€Å"capital cost is the single most important factor determining the economic competitiveness of nuclear energy† (University of Chicago, 2004, p. xi). In 2009 the U.S. National Academies published a large study of energy technologies. After reviewing many previous studies, the authors noted that â€Å"cost estimates in the open literature have varied by more than a factor of two. Recent estimates have ranged from $2400/kW to as much as $6000/kW† (Committee on Americas Energy Future, 2009, p. 526). These are cost estimates for the United States. High costs are seen in the much-delayed new Finnish reactor, discussed further below. Until new plants are built in the United States, costs will remain a major uncertainty and an obstacle to growth of the industry. e) Public opinion Dana Mead, chairman of the MIT governing body, commented that â€Å"Nuclear power generates the most varied public opinion of any power generation type. According to MIT studies, 39% of those polled feel it should be reduced, 35% feel in should be increased and 11% dont believe it should be used at all — the highest fraction of people who are opposed to any type of generation† (remarks at the American Nuclear Society Annual Meeting, as quoted in Power Engineering, August 2007). In addition to proliferation and economic cost, the main controversies regarding nuclear power are whether the public will accept new nuclear plants, whether sites can be found where the public will accept a geological repository for their spent fuel, and whether future development should be based on the once-through or the closed fuel cycle [17]. Bringing the public into decision processes early will substantially improve the climate for nuclear power to go forward. (In the United States, the la w requires that the federal agencies make the final decisions.) 5〠Future of Nuclear Power While there are still uncertainties ahead, it seems quite likely at this point that, in the near-term, new nuclear power plants will be built, both in countries that already have substantial nuclear programs and in new countries. Thus, the number of countries with nuclear power plants will increase, and since some of these countries have small grids and limited infrastructures, it is likely that smaller reactors will be used to meet some of these needs [18, 19]. In the near-term, nuclear power growth will likely be met by existing technologies and those technologies for which substantial development has already occurred. Nuclear power development will not be the only source of power to meet growing energy demands and growing concerns about global warming. The near term is also likely to see the development and deployment of more renewable power of current or evolutionary design, and possibly of clean coal technology. Other options, such as increased conservation and the deployment of more energy efficient end-use technologies, will also be exploited. In the longer term, more advanced nuclear power plants, such as the Generation IV power plants, will likely be deployed. These will be able to meet a more diverse range of energy needs than the current generation of large, centralized electricity-generating power plants can meet. Possible applications include process heat for industrial applications, the generation of fuels such as hydrogen for transportation, and a variety of possible off-grid applications [20-23]. Likewise, other energy-generating technologies will continue to develop and will be deployed as appropriate. In the much longer term, these could potentially include fusion power. If that is successful, it could ultimately replace some of the technologies of today, including perhaps nuclear fission power. 6〠Conclusion Nuclear energy alone is not a solution, but it is likely in the near Future to have an increasing role as part of the global energy mix. Through the analysis and investigation, it is clear that nuclear power can bring significant long term benefits in terms of increased access to energy and security of energy supply. Nuclear power at present does possess proven technologies that ensure adequate safety level and safe radwaste disposal. Non-proliferation of nuclear materials is effectively supported by the system of IAEA safeguards. This structure is sound and it provides the basis for the further development of nuclear energy. However, the nuclear industry needs to work on new, innovative technologies in order: on one hand, to reduce the costs and thus answer the strong challenge of competing energy generation technologies, on the other hand, to facilitate the dialogue between the nuclear industry and the public by providing more transparent, convincing solutions and designs A success ful development of innovative nuclear technologies addressing these two key challenges would permit a large-scale development of nuclear energy in the next century. Thus, in the foreseeable future, the need for the development and deployment of more advanced versions of today’s energy production technologies will continue, and all promising technologies should be pursued. It is likely that different technologies could be favored in different circumstances. These circumstances could be based on a variety of factors, including national policy, regulatory and other mechanisms in different countries, and geopolitical situations (remoteness, availability of particular resources, etc.). Globally, it appears that the world is likely to need substantial new contributions from all sources, particularly those capable of supplying significant amounts of clean, low-carbon energy. Nuclear power is one of the most promising of these sources. References [1] International Automatic Energy Agency , Nuclear Technology Review, August 2006, IAEA, Vienna , Austria. [2] Energy, Electricity and Nuclear Power Estimates for the period up to 2020, Reference Data series No. 1, July 2002, IAEA, Vienna , Austria. [3] International Automatic Energy Agency IAEA Bulletin, volume 49/1. September 2007, IAEA, Vienna, Austria. [4] Global Nuclear Energy Partnership, . [5] IAEA, 2008b.Nuclear Power Reactors in theWorld. IAEA Reference Data Series no. 2. Vienna. [6] IAEA, 2009. Energy, Electricity and Nuclear Power Estimates for the Period up to 2030. IEAE Reference Data Series no. 1. Vienna. [7] Jones, J.M., 2010. U.S. support for nuclear power climbs to new high of 62%. Gallup.com, March 30. 2010. [8] Sustainable Development in a Dynamic world, world Development Report- 2005, World Bank. [9] Bharadwaj, A., Krishnan, L.V., Rajgopal, S., 2008. Nuclear Power in India: The Road Ahead. Center for Study of Science. Technology Policy, Bangalore (September). [10] Bilboa y Leon, S., 2009. Development of advanced nuclear reactors worldwide. Nucl.Plant J. September October. 27 (5), 36–42. [11] Rashad S.M. , Hammad , F.H.; Nuclear Power and the Environment ;Compartative Assessment of Environmental and Health Impacts of Eelectricity Generating Systems, Applied Energy 65 (2000) 211-229. [12] Rashad S.M. , Nuclear Power and the Environment Prospects and Challenges, Proceeding of Energy for Sustainable Development and Science for the Future of the Islamic World and Humanity Conference , Organized in Kuching / Sarawak , Malaysia 29 Sept-2 Oct. 2003 Islamic World Academy of Sciences, Amman , Jordan, 2006. [13] Innovative Technologies for Nuclear Fuel Cycles and Nuclear Power , Proceedings of International Conference held in Vienna, 23-26 Hune 2003 organized by IAEA et a1 , Vienna, Austria, 2004. [14] International Project on Innovative Nuclear Reactors and Fuel Cycle, . [15] Nuclear Power and Proliferation Resistance: Securing Benefits, Limiting Risk. American Physical Society, College Park, MD (May). [16] Chicago, University of., 2004. The Economic Future of Nuclear Power: Study Conducted at the University of Chicago. 2004(August). Cirincione, J., 2009. Chain reaction. Foreign Policy (May 7). [17] Nuclear Energy Study Group, American Physical Society Panel on Public Affairs, 2005. [18] MIT, 2003. The Future of Nuclear Energy: An Interdisciplinary MIT Study. . [19] Deutch, J.M., Forsberg, C.W., Kadak, A.C., Kazimi, M.S., Moniz, E.J., Parsons, J.E., 2009.Update of the MIT 2003 Future of Nuclear Power Cambridge, MA. [20] InterAcademy Council, 2007. Lighting the Way Toward a Sustainable Energy Future. Amsterdam. (October). [21] MacFarlane, A., Asselstine, J., Ahearne, J., 2008. The future of nuclear energy: policy recommendations . Bulletin of the Atomic Scientists (December 11). [22] MIT (Massachusetts Institute of Technology), 2003. The Future of Nuclear Power: An Interdisciplinary MIT Study. Cambridge, MA. [23] Nuclear Energy Agency (France), 2008. Uranium Resources Sufficient to Meet Projected Nuclear Energy Requirements Long into the Future. Paris (June 3).

Tuesday, August 20, 2019

Regulatory Responses to Short Selling

Regulatory Responses to Short Selling Abstract It is commonly believed that secondary market prices is not just a sideshow because they contain information that facilitates the efficient allocation of resources. The feedback loop to a real investment decisions allows a short seller to make a profit even in the absence of a fundamental information. This paper analyzes the regulation of manipulative short selling is to impose a cost on short sales. Through setting the short selling cost at an appropriate level, regulators may be able to drive the uninformed speculator, but not the negatively informed speculator, out of the market, and, thus improve the investment efficiency. One of the most fundamental roles of prices is to facilitate the efficient allocation of scarce resouces (Hayek, 1945). A financial market is a place where many speculators with different pieces of infomation meet to trade, attempting to profit from their information. Prices aggregate there diverse pieces of information and ultimately reflect an accurate assessment of firm value. Real decision makers (such as managers, capital providers, directors, customers, regulators, employees, etc.) will learn from this information and use it to guide their decisions, in turn affecting firm cash flows and values (Baumol 1965). In an efficient market, at any point in time market prices of securities provide accurate signals for resource allocation; that is, firms can make production-investment decisions according to stock price (Fama Miller 1972). Unlike the traditional models where prices only reflect expected cash flows, in the new models that incorporate feedback effect prices both affect and reflect firm cash flow. The feedback effect can explain this by two ways, several papers in the literature generate related implication based on models with exogenous feedback, i.e., where firm value or firms investment decison is assumed to be mechanically tied to the price (Khanna Sonti 2004 and Ozdenoren Yuan 2008). However, our focus here is on models that exhibit endogenous feedback, i.e, via learning or incentives. The latter one is through which financail markets may have real effects is by affecting a decision makers incentives to take real decisions, this is most relevant for firm managers, whose compensation is tied to the firms share price, in some sense is a way to discourage â€Å"agency problem†. Particularly, the former one is what we interested here, real decision makers learn from stock price and use it to aff ect real decision. The theoretical research on financial markets traditionally treats the real side of the firm as exogenous. Milgrom Stokey (1982) consider that if cash flows are exogenous, the only way to generate trade is to introduce noise traders in the model. Grossman Stiglitz (1980); Hellwig (1980) developed rational expectations equilibrium models of financial market, in which prices preform a well-articulated role in conveying information from the informed to the uninformed. Kyle (1985) developed a model that is closer to a game-theoretic approch, where the equilibrium concept is similar to the Bayesian-Nash Equilibrium, the information of speculator gets partially reflected in the stock price. However, Fishman Hagerty (1992); Leland (1992); Khanna, Slezak Bradley (1994); and Bernhardt, Hollifield Hughson (1995) present models where different types of speculators-insiders and outsiders-trade on their information, in these models, real decison makers learn from price, but, there is a confl ict between limiting insider trading reduces price efficiency and encouraging outsider trading reduces adverse selection. Similarly, Boot Thakor (1997) and Subrahmanyam Titman (1999) use the feedback effect to rationalize a firms choice to issue publicly traded securities, rather than receving private financing (e.g., from a bank). The traditional view of financial market is stock price has no real effect, thus speculator cannot manipulate stock price to get profit. It is often hard to generate manipulation as an equilibrium phenomennon, given that price impact will cause a manpulator to sell at a low price and buy at a high price and hence lose money overall (Jarrow 1992). Goldstein Guembel (2008) consider a model where the manager of firm learns from the stock price about the profitability of an investment project, thus, manipulation arise as an equilibrium phenomenon. Even the speculator has no information, she can drriven the price down to make the manager belive that there exist negative information, and led to cancel the investment, thus, she can get profit from her short position. Edmans, Goldstein Jiang (2014) extent their model to show that informed speculators are less likely to trade on bad news rather than good news. Consider a speculator who has negative information, if she short sell to lower th e stock price, the manager will learn from it to take corrective action such as reducing investment, downsizing the firm makes it efficient and improve the firms fundamental value, but this reducing the profitability of speculators short position. Thus, the informed speculator must consider this and refrain her short selling in the first place. The feedback effect has also some empirical supports. Luo (2005) show the companies seem to learn from the market during MA. Companies are more likely to learn in pre-agreement deals than in agreement deals. Companies are more likely to learn in non-high-tech deals than in high-tech deals. Smaller bidders are more likely to learn than are larger bidders. Kau, Linck Rubin (2008) extend his analysis and show that such learning is more likely when governance mechanisms are in place to reduce the agency problem between manager and the shareholders. Chen, Goldstein Jiang (2007) show that the sensitivity of investment to price is stronger when there is more private information incorporate into price. Our paper is continue the research question raised by Goldstein Guembel (2008), they provid an asymmetric model to explaine the uninformed speculator can manipulate the stock price to make profit and they suggest by impose a cost on short sales may eliminate this phenomenon, but they didnt anaysis the impact of short selling cost. Conditional the speculator being uninformed, the speculator can make profit for two reasons. First, he knows that the market will not improve the allocation of resources. Thus, he can sell at a price that is higher than the expected value. Second, the speculator can profit by establishing a short position in the stock and subsequently driving down the firms stock price by further short sales. In our analysis of short selling cost can deter the second sources of the uninformed speculators profit. The remainder of the paper is structured as follows. Section 2 gives a brief summary of regulatory response to short selling during the financial crises of 2007-2009 and the European sovereign debt crisis of 2011. Section 3 present the model set-up. Section 4 we derive the benchmark equilibrium when absent the feedback. Section 5 derive the equilibrium when the feedback present. Section 6 concludes. All proofs are in the Appendix. 2 Recent regulatory response to short selling As a result of the financial market turmoil in 2008, the SEC and a number of international financial market regulators put in effect a number of new rules regarding short selling. In July the SEC issued an emergency order banning so-called â€Å"naked† short sellingIn a naked short-sale transaction, the short seller does not borrow the share before entering the short position. In our model, we can consider the short selling cost is zero is a naked short-sale. in the securities of Fannie Mae, Freddie Mac, and primary dealers at commercial and investment banks. In total 18 stocks were included in the ban, which took effect on Monday July 21 and was in effect until August 12. On September 19 2008, the SEC banned all short selling of stocks of financial companies. This much broader ban initially included a total of 799 firms, and more firms were added to this list over time. In a statement regarding the ban, SEC Chairman Christopher Cox said, â€Å"The Commission is committed to using every weapon in its arsenal to combat market manipulation that threatens investors and capital markets. The emergency order temporarily banning short selling of financial stocks will restore equilibrium to markets. This action, which would not be necessary in a well-functioning market, is temporary in nature and part of the comprehensive set of steps being taken by the Federal Reserve, the Treasury, and the Congress.† This broad ban of all short selling in financial institutions was initially set to expire on October 2, but was extended until Wednesday October 9, i.e., three days after the emergency legislation (the bailout package) was passed. In addition to measures taken by the SEC, a number of international financial regulators also acted in response to short selling. On September 21 2008, Australia temporarily banned all forms of short selling, with only market makers in options markets allowed to take covered short positions to hedge. In Great Britain, the Financial Services Authority (FSA) enacted a moratorium on short selling of 29 financial institutions from September 18 2008 until January 16 2009. Also Germany, Ireland, Switzerland and Canada banned short selling of some financial stocks, while France, the Netherlands and Belgium banned naked short selling of financial companies. International restrictions on short selling of financial stocks reappeared in 2011. In August of 2011, market regulators in France, Spain, Italy and Belgium imposed temporary restrictions on the short selling of certain financial stocks as European banks came under increasing pressure as part of the sovereign debt crisis in Europe. For example, both Spain and Italy imposed a temporary bans on new short positions, or increases in existing short positions, for a number of financial shares. France temporarily restricted short selling for 11 companies, including Axa, BNP Paribas and Credit Agricole. On August 26, France, Italy and Spain extended their temporary bans on short selling until at least the end of September. Of course, measures against short selling are not exclusive to these recent episodes. In response to the market crash of 1929, the SEC enacted the uptick rule, which restricts traders from selling short on a downtick. In 1940, legislation was passed that banned mutual funds from short selling. Both of these restriction were in effect until 2007. Going back even further in time, the UK banned short selling in the 1630s in response to the Dutch tulip mania. We revisit the model in Goldstein Guembel (2008). Consider an economy with four dates tin{0,1,2,3} and a firm whose stock is traded in the financial market. The firms manager needs to take an investment decision. In t=0 , a risk-neutral speculator may learn private information about the state of the world omega that determines the profitability of the firms investment opportunity. Trading in the financial market occurs in t=1 and t=2. The speculator may suffers a short selling cost c;(c>0) when he short sales. In addition to the speculator, two other types of agents participate in the financial market: noise traders whose trades are unrelated to the realization of omega and a risk-neutral market maker. The latter collects the orders from the speculator and the noise traders and sets a price at which he executes the order out of his inventory. The information of the speculator may get reflected in the price via the trading process. In t=3, the managers takes the investment decision, which may be affected by the stock price realizations. Finally, all uncertainty is realized and pay-offs are made. Suppose that the firm has an investment opportunity that requires a fixed investment at the amount of K. There are two possible states omegain{l,h} that occur with equal probabilities. Firm valueTo simplifier the model, we do not include the assets in place in the expressions for the value of the firm, even including it will not affect our analysis. can be expressed as a function V(omega,k) of the underlying state omega and the investment decision kin{0,K}: There is one speculator in the model. In t=0, with probability alpha, the speculator receives a perfectly informative private signal sin{l,h} regarding the state of the world omega. With probability 1-alpha he receives no signal, which we denote as s=phi. There are two trading dates : t=1,2. In each trading date, the speculator submits orders u_{t}in{-1,0,1} to a market maker. There is a exogenous noise trader who submits orders n_{t}={-1,0,1} with equal probabilities. The market maker only observes total order flow Q_{t}=n_{t}+u_{t}, and therefore possible order flows are Q_{t}={-2,-1,0,1,2}. Moreover, it is assumed that a market maker faces Bertrand competition and thus sets the price for an asset equal to its expected value, given his information set: p_{1}(Q_{1})=E[Vmid Q_{1}] and p_{2}(Q_{1},Q_{2})=E[Vmid Q_{1},Q_{2}]. In our model, the price is a function of total order flows, thus, to ease the exposition, we assume that the speculator observes Q_{1}, and therefore can directly condition his t=2 trade on Q_{1} instead of p_{1}. Similarly, the firm manager observes Q_{1} and Q_{2} , and may use them in his investment decision. The equilibrium concept we use is the Perfect Bayesian Nash equilibrium. Here, it is defined as follows: †¢ A trading strategy by the speculator {u_{1}(s) and {u_{2}(s,Q_{1},u_{1})} that maximizes his expected pay-off, given the price-setting rule, the strategy of the manager, and the information he has at the time he makes the trade; †¢ An investment strategy by the firm that maximizes expected firm value given all other strategies; †¢ A price-setting strategy by the market maker {p_{1}(Q_{1}) and p_{2}(Q_{1},Q_{2})} that allows him to break even in expectation, given all other strategies; †¢ The firm and the market maker use Bayes rule in order to update their beliefs from the orders they observe in the financial market; †¢ All agents have rational expectations in the sense that each players belief about the other players strategies is correct in equilibrium. As a benchmark, we consider in this section there is no feedback from the financial market to the firms investment decision. We assume the firm manager known well the state of the world, and, thus, the investment decision in t=3 is not affect by the trading outcomes in the financial market in t=1 and t=2. For the speculator, if s=h , he knows that the firms value is V^{+}; if s=l, he knows that the firm value is 0; and if s=phi, he knows the expected firm value is frac{V^{+}}{2} . The market maker also starts with the expectation that the firm value is frac{V^{+}}{2} and updates this expectation after each round of trade. There exists multiple equilibria with no-feedback game when we impose the short selling cost c in t=1. Because there is no feedback and from the proof of Proposition 1., the short selling cost only affect to negatively informed speculator, in order to simplifier the model, we dont impose short selling cost at t=2 . If we impose short selling cost at t=2, we must distinguish not trade or sells in t=1 and buy in t=1 (see the feedback game). . For brevity, we do not develop a particular equilibrium here. The following lemma characterizes the strategy of the positively informed speculator in any equilibrium of the no-feedback game. Building on this lemma, the next proposition establishes an important result regarding the strategy of negatively informed speculator and uninformed speculator, which is the focus of this paper. The trading strategy is rather intuitive. The short selling cost does not affect positively informed speculators trading behavior, since he know the firm value is V^{+} and the firm manager does not learn any information from the stock prices, thus, it is a game only between speculator and the market maker, in the case his information was not revealed to the market maker, the positively speculator will not choose sells in t=1 and t=2. For the positively informed speculator, the only thing is try to hide his information to the market maker, otherwise, the price will equal to the true value of the firm V^{+} and he makes zero profit. The trading strategies are also rather intuitive. For the uninformed speculator, trading in t=1 without information generates losses because buying (selling) pushes the price up (down), so that the expected price is higher (lower) than the unconditional expected firm value. The uninformed speculator does not have the informational advantage over the market maker in t=1, and thus cannot make a profit if he is trading. He may choose trade in t=2 when the market maker set the price is not equal frac{V^{+}}{2}, in this case, he have the informational advantage, he knows each agents trading orders in t=1 and his own trading order in t=2. For the negatively informed speculator, if short selling cost is not too high, he may choose mixes the trading strategies like positively informed speculator in order to hide his information to the market maker; if the short selling cost is too high, he always get negative transaction profit in t=1, in this case, he would like not trade in t=1. In the no-feedback game, the short selling cost actually does not affect the trading behavior of the positively informed speculator and the uninformed speculator, it can only affect to the negatively informed speculator. It is worth noting that in the next section with feedback , the short selling cost will affect not only the negatively informed speculator, but also the uninformed speculator.

Monday, August 19, 2019

Strong Women in James Joyces Eveline, Henrik Ibsens A Dolls House, and Speras My Ex-Husband :: Joyce Eveline Ibsen Dolls Spera Ex Husban Essays

Strong Women in James Joyce's Eveline, Henrik Ibsen's A Doll's House, and Spera's My Ex-Husband       "My Ex-Husband" by Gabriel Spera, "Eveline" by James Joyce, and A Doll's House by Henrik Ibsen all feature strong women as central characters. These women show their strength by standing up for themselves, making self-sacrifices for the benefit of others, and rebelling against society's stereotypes.    The female persona in Spera's "My Ex-Husband" finds the strength to stand up for herself and her beliefs when faced with a cheating spouse. As the poem begins, the woman is preparing to leave on a date when her new beau notices a picture of the woman's ex-husband. She soon finds herself telling him the story behind their divorce. "He seems like any woman's perfect catch" (Spera 633), but she ultimately discovers that her spouse is disloyal to her, and he doesn't care "how slobbishly he [carries] on his affairs" (Spera 633). "Most women believe that if you love your partner, you wouldn't even be interested in an affair; therefore, if someone has an affair, it means that they don't love their partner and they do love the person they had the affair with" (Glass). The woman in Spera's poem feels that the man to whom she was married betrayed her, therefore she stands up for herself and leaves him behind.    Although it is not easy to pursue your dreams, it is even more difficult to give up those dreams for the interests of others. Eveline, the main character in James Joyce's short story by the same name, is torn between staying in her unhappy home with her father and leaving to find a life with her lover, Frank. Eveline made a promise to her dying mother "to keep the home together as long as she could" (Joyce 6). But because of her unfulfilling job and her verbally abusive alcoholic father, she begins toying with the idea of leaving with Frank. She believes if she goes with Frank, he will "give her life, perhaps love, too" (Joyce 6). Eveline is willing to sacrifice her chance of finding true love just so she can escape the confines of her life with her father. In the end, however, she chooses to keep her promise to her mother, and surrenders her dreams of a life of her own. Even though she desperately desires to leave, she finds the strength to stay in an unhappy situation so she can ca re for her father.

Comparing Morality in The Prince, Second Treatise of Government, and Ut

Comparing Morality  in  The Prince, Second Treatise of Government, and Utilitarianism Niccolo Machiavelli, John Locke, and John Stuart Mill present three distinct models of government in their works The Prince, Second Treatise of Government, and Utilitarianism. From an examination of these models it is possible to infer their views about human nature and its connection to the purpose of government. A key to comparing these views can be found in an examination of their ideas of morality as an intermediary between government and human nature. Whether this morality must be inferred from their writings or whether it is explicitly mentioned, it differs among the three in its definition, source, and purpose. Approximately three hundred years separate the earliest of these works, The Prince, from the most recent, Utilitarianism, and a progression is discernible in the concept of morality over this span. Machiavelli does not mention the word "morality," but his description of the trends and ideals of human political interaction allow for a reasonable deduction of the concept. Locke, too, does not use the word, but he does write of "the standard of right and wrong." In contrast, Mill writes explicitly and extensively of morality in its forms, sources, and obligations. A logical starting point in this examination is a look at their relative views of human nature. To Machiavelli, people are children that need order. They are childlike, not in their innocence, but in their passions. They are ungrateful, greedy, deceptive, and fickle. However, they are also rational and interested in avoiding danger. In calculating their interests they can perceive the need to join together to pursue common goals, such as conquest for acquisition, p... ...e driven into civil society by their contentious natures. As such, all three have the need for an organizing and directing influence in society to ensure that it accomplishes the ends for which it exists. For Machiavelli and for Locke, this influence comes directly from the government. For Mill, this influence comes from within society, the associations one forms with other people; however it requires a certain minimal support from the government to keep it on the proper track. This influence is morality, and it is an extension of human nature. Works Cited Locke, John. The Second Treatise of Government, ed. Thomas Peardon, New York, Bobbs-Merrill, 1952. Machiavelli, Niccolo. The Prince. Trans. Hill Thompson. Norwalk: The Easton Press, 1980. Mill, John Stuart. † Utilitarianism Resources. BLTC. 19 January 2003.

Sunday, August 18, 2019

e-Business and e-Commerce Infrastructure Essay -- Business Finance

E-Commerce E-commerce (electronic commerce) can be defined as commercial transactions of goods and services over the internet and other computer networks (Chaudhury & Kuilboer, 2002). It consists of online shopping, online banking and e-learning (Tkacz & Kapczynski, 2009). E-commerce is becoming increasingly popular since the spread of the internet. The e-commerce users are businesses, consumers and government departments (Kessler, 2009). E-commerce is controversial but the advantages of it greatly outweigh the disadvantages. To begin with, e-commerce offers consumers speed and convenience. E-shopping involves a web site that sells goods and/or services without the direct, face to face, contact between the vendor and the customer. This process is easy and only takes a few clicks before the client/customer has bought themself something. Compared to the traditional way of shopping, online shopping is far more convenient. The traditional way of shopping involves driving the car to shopping centers and if the desired item is not there, then driving to further shops. After getting to the desired destination, the customer has to â€Å"fight† for parking space, walk from store to store and aisle to aisle looking for the items desired. After that process, there is a chance the queue for the checkouts are long. Then there is the issue of carrying out the merchandise. This whole shopping process can take hours (Kessler, 2009)! Many people avoid all this hassle nowadays by shopping online in the comfort of th eir own home. According to a study (Entrepreneur, 2003) 72% of online shoppers chose convenience over privacy. In addition, consumers can shop without time limitation with 24 hour access at because the World Wid... ...le PDFCite ArticleFavorite GlobalSchoolnet.org. (1999-2011). http://www.globalschoolnet.org/index.cfm. Handfield, R. (2011). What is Supply Chain Management? The Supply Chain Resource Cooperative http://scm.ncsu.edu/scm-articles/article/what-is-supply-chain-management. Retrieved May 6, 2012 Kessler, M. (2003). â€Å"More shoppers proceed to checkout online.† USA Today. Retrieved May 6, 2012. Malawer, S. S. (2001). Global Governance of E-commerce and Internet Trade: Recent Developments. In World Trade Law. http://www.worldtradelaw.net/articles/malawerecommerce.pdf. Retrieved May 6, 2012. The Daily. September 27, 2010. â€Å"Ecommerce: Shopping on the Internethttp://www.statcan.gc.ca/daily- quotidien/100927/dq100927a-eng.htm. Retrieved May 6, 2012. Tkacz, E. & Kapczynski, A. (2009). Internet - Technical Development and Applications. Boston: MA Springer.

Saturday, August 17, 2019

Rapid Regeneration of Chelated Iron Desulfurization Solution

Effect of rotation speed of electrode on the regeneration rate Figure 3 illustrates the effect of rotation speed of 138 Figure 2 Experimental process flow diagram I?power supply; 2?motor; 3?quid distributor; 4?cathode; 5?ceramic membrane; 6?gas distributor; 7?anode; 8?air steel container; 9?regenerated solution tank; 10?original decentralization solution tank; 11?pump is too high, the contact time between the collated iron elution and electrode is shortened, and the electrochemical oxidation reactions will be not complete, so the regeneration rate decreases slightly.Moreover, it is well known that higher rotating speed will cause in industrial applications. In this experiment, the regeneration rate can reach a maximum value of 84. 9% when rotation speed of electrode is equal to 180 rain-l, which is about 1. 6 times that achieves in the static electrode environment. The experiments demonstrate that the rotating electrode has significant advantages in improving the regeneration rate. F igure 3Effect of rotation speed of electrode on the regeneration rate electrode on the regeneration rate at a voltage of 4 V, an inlet air flow rate of 2 MPH-1 and an inlet liquid flow rate of 80 Lo-l . A higher rotating speed of electrode is favorable to increase the regeneration rate, resulting in higher regeneration efficiency. At lower rotating speed, the air bubbles in solution and the bubbles created during electrochemical reactions can adhere easily to the electrode surface and reduce the electrode activity area, which will decrease the electrochemical oxidation efficiency.With an increasing rotating speed, the bubbles can be timely detached from the electrode surface, and the thickness of diffusion layer decreases and the concentration difference can be eliminated rapidly. The increase of current density enhances the electrochemical regeneration effect. At the same time, the gas-liquid mixing degree and turbulence intensity will be enhanced to favor the mass transfer at a hi gher rotating speed, which can lead to the quick supplement of the dissolved oxygen consumed in the regeneration process.Thus, the regeneration rate increases with increasing rotating speed. However, when the rotating speed of electrode 3. 2 Effect of voltage on the regeneration rate Figure 4 shows the influence of voltage on the regeneration rate at a rotation speed of electrode of 180 rain-l, an inlet air flow rate of 2 MPH-1 and an inlet liquid flow rate of 80 Lo-l . The regeneration rate increases as voltage increases due to that the current density increases rapidly at the initial stage with the increase of voltage, resulting in an increased electrochemical reaction driving force.The increase of voltage is favorable to the regeneration rate in both of he rotating electrode and the static electrode environments. But the regeneration rate in the rotating electrode environment is higher than that in the static electrode environment at the same voltage due to that the rotating elec trode can provide a great and rapid renewed surface of the electrode to strengthen the electrochemical oxidation process. When the voltage regeneration rate increases slowly probably due to that the current density and the electrochemical reaction driving force increases slowly.Moreover, too high voltage easily leads to higher energy consumption and more side reactions. Thus, an appropriate voltage of 4 V is selected and the regeneration rate is 84. 8%. The new electrochemical reactor can be considered as the 139 strengthens the micro-mixing efficiency of the air and solution, resulting in excellent mixing and higher mass transfer rate. When inlet air flow rate increases to higher than 2 MPH-1, the regeneration rate increases slowly.The reason may be that the residence time of air becomes shorter in solution and the gas-liquid mass transfer efficiency decreases with a too large inlet air flow rate. Therefore, an inlet air flow rate of 2 MPH-1 s appropriate and the regeneration rate is 84. 8%. The experiments indicate that the rotating electrode has significant influence on improving the regeneration efficiency of air oxidation. Figure 4 Effect of voltage on the regeneration rate rotating electrode; A static electrode traditional tank-type reactor on condition that the voltage is O V in the static electrode environment.Under the optimum conditions, the regeneration rate of the new electrochemical reactor is increased from 45. 3% to 84. 8% compared with the traditional tank-type reactor. The experiments indicate that the rotating electrode can dramatically improve the efficiency of electrochemical oxidation. 3. 3 Effect of inlet air flow rate on the regeneration rate Figure 5 shows the effect of inlet air flow rate on the regeneration rate at a rotation speed of electrode of 180 rain-l, a voltage of 4 V and an inlet liquid flow rate of 80 Lo-l .With increasing inlet air flow rate, the regeneration rate first increases rapidly and then changes slightly both in th e rotating electrode and static electrode environments due to that the dissolved the rotating electrode environment, the regeneration rate is always higher than that achieved in the static electrode environment because the rotating electrode Figure 5 Effect of inlet air flow rate on the regeneration rate rotating electrode; A static electrode 3. Effect of inlet liquid flow rate on the regeneration rate Figure 6 illustrates the effect of inlet liquid flow rate on the regeneration rate at a rotation speed of electrode of 180 rain-l, a voltage of 4 V and an inlet air flow rate of 2 MPH-1. The regeneration rate first decreases slowly and then decreases rapidly with the increase of the inlet liquid flow rate in the rotating electrode environment, which shows the same trend as he case of the static electrode environment.The smaller the inlet liquid flow rate is, the longer the residence time of liquid in the electrochemical reactor will be. Long residence time can benefit the regeneration of the collated iron decentralization solution because the gas-liquid contract time and the electrolysis time are one of the most important influence factors of the regeneration process. When inlet liquid flow rate is less than 80 Oh-I, the regeneration rate remains at over 84. 6%.When inlet liquid flow rate continues to increase to higher than 80 Lo-l , the residence time of quid in the electrochemical reactor becomes shorter gradually, resulting in rapid decrease in the regeneration rate. Under the condition that the treatment capacity is bigger and the regeneration rate is higher, an optimum inlet liquid flow rate of 80 Lo-l is selected and the regeneration rate reaches 84. 6%, which is about 1. 6 times that in the static electrode environment.The Figure 6 Effect of inlet liquid flow rate on the regeneration rate rotating electrode; A static electrode 140 experiments demonstrate that the rotating electrode has significant advantages in increasing the treatment opacity of regener ation process. A new type of electrochemical reactor with rotating cylindrical electrodes exhibits better regeneration performance for the collated iron decentralization solution than the traditional tank-type reactor due to its good electrochemical oxidation property and gas-liquid mass transfer performance.The novel electrochemical reactor can not only provide a great and rapid renewed surface to accelerate the regeneration process of electrochemical oxidation, but also provide an excellent gas-liquid mixing environment to strengthen the regeneration recess of air oxidation, overcoming the poor mass transfer effect and the low oxidation regeneration efficiency in the traditional tank-type reactor. Under the optimum conditions, the regeneration rate of collated iron decentralization solution is increased from 45. 3% to 84. 8%.