Prosecute Billy Essay Example | Topics and Well Written Essays - 2000 words

Prosecute Billy - Essay Example Any civil claims cannot be brought up whilst the case is in charge of the Crown Prosecution Service, which is strictly a criminal prosecution service. To begin with, it is necessary to see that Billy’s actions caused Hilda to suffer harm to an extent that she had to be taken to the hospital. These circumstances make it clear that the harm suffered by Hilda was aggravated in nature. She has been hit on the head by a chair leg and is in a condition that she is not allowed visitors. These evidential circumstances bring the harm caused into the ambit of a grievous nature which is governed by section 20 of the OAPA 1861. Section 20 of the OAPA states that: â€Å"Whosoever shall unlawfully and maliciously wound or inflict any grievous bodily harm upon any other person, either with or without any weapon or instrument shall be guilty of an offence and liable to imprisonment for five years.† (Jacqueline, Chris 2011, pp 113-116) It is clear from the section that a few elements wi ll need to be proven against Billy before a case under Section 20 can be made out. The first of these has to be the actus reus. For the purposes of Section 20, the actus reus, or the guilty act, has to consist of wounding which amounts to grievous bodily harm and has been inflicted by the defendant. The requirement of ‘wounding ‘ as defined in the case of Moriarty v Brookes ((1834) 6 C&P 684) states that the continuity of the skin as a whole should be disrupted. It is here to be noted that if the blow of the chair which was enough to land Hilda in a hospital whereby she was unavailable for visitors is a sign that the damage caused to her head would well have caused blood to flow, as might any such act where the impact is so harsh do so. As also mentioned in Section 20, the requirement that a weapon or instrument may have been used also stands proved as Billy used a chair to inflict harm onto Hilda’s person. More essentially, Hilda must prove that the harm caused w as of the category of grievous bodily harm as set out in the OAPA 1861. It has been roughly defined as harm which ‘seriously interferes with health or comfort’ (Ashman, 1858 1 FF 88). Judges have also later refined this definition further in cases like Smith ((1961) AC 290), that the definition need not be confined in any sense; the jury and judge alike must take into account the totality of injuries caused and must consider liability for it accordingly. Here, it is clear that a woman who had to be admitted to the hospital had indeed suffered serious harm which cannot be taken lightly and is does qualify fully the requirement laid down in Section 20 of the infliction of grievous bodily harm. Further, it is necessary to prove that Billy has indeed ‘inflicted’ the injuries on Hilda for which he is to be held liable. It is expressly believed that in legal terms, infliction takes place when either the defendant directly and violently inflicts the injury by assa ulting the victim or, more widely, where he does something which indirectly applies force on the victim’s person to cause injury. Under this definition, Billy has clearly been direct and violent in using force against Hilda as he hit her on the head with a chair leg and hence, infliction also

Using Energy Drinks Essay Example for Free

Using Energy Drinks Essay Introduction In this essay I will be talking about the cons of using energy drinks. I will give examples from articles, in which energy drinks caused people to go to the hospital. I will explain how energy drinks boosts you up and brings you down. In this essay I will be talking about a few energy drinks specifically. Using Energy Drinks According to the Colorado Gazette, Redline drink and others have been linked to health complications. Like heart problems, hypertension, and others. In Colorado, a school banned these kind of drinks and recommended a 7-11 store to stop selling these. A 15 year old girl, an athlete, was drinking the REDLINE POWER RUSH energy drink, and passed violently shaking and extreme salivitation, she died. several others have been reporting going to the er for chest tightness, shortness of breath, severe heart palpitations, increased heart rate, fixed and dilated pupils and hypertension. Recent reviews of this drink conclude a contributing factor not only an OD on caffeine, but drinking energy drinks on an empty stomach can lead to the stomach absorbing the drink, thus causing symptoms of nausea, salivating, sweating, headaches, neck pain and so on. This drink is supposed to be a dieting and energy drink. Usually people who work out a lot or diet, are eating nutritiously, mind you, that may be why some people are not affected by the ingredients in the drink. Those are: -Caffeine Citrate, Caffeine Anhydrous, Evoburnâ„ ¢ (Pure Evodiamine), N-acetyl-tyrosine, Yerbe Mate, Green Tea, 5-hydroxy-L-tryptophan, CAMP (adenosine cyclic 3? ,5? -monophosphate), Vinpocetine, Yohimbine HCL. -also the amount of caffeine in one 2 ounce bottle of this stuff is about 250 mg. that is like nearly 3x the amount recommended on a daily basis. So if you are one who drinks the energy drinks there are some warnings, so incase you are not aware of them they follow: -if you are under the age of 16 this is not recommended.- if you have any medical condition especially with the heart DO NOT DRINK THIS. if you have any type of sleeping disorder this is not for you. if you are on any type of blood thinner, bod pressure med, or anti depressants, do not drink this drink -do not take this drink with ANY other type of diet aide, this can cause a problem.. and when drinking this drink, if you have never had this please don’t drink more than 3 capfuls (. 63 fl. oz. ), dont consume more than 1/2 of the bottle, and don’t consume more than one bottle a day. Conclusion. In closing, I think using energy drinks is bad for you. Energy drinks boosts you up and when you come of that energy burst you feel drained. I am against using any form of energy drink. In Maryland, a 21 year old woman died using the energy drink four loko, an energy drink with alcohol. I wouldn’t use energy drinks, I’m one of those people who, if I know something important is coming up, I make sure I am well rested. References www. gazette. com/ www. nydailynews. com/ /2010-11-12_marylanders_want_four_loko_off_shelves_after_controversia l_cocktail_blamed_for_w. html.

Maxine Hong Kingstons Woman Warrior Essay -- Maxine Hong Kingston Wom

Maxine Hong Kingston's Woman Warrior   Ã‚  Ã‚  Ã‚  Ã‚  Food strengthens us, without it we are weak. Eating has always been an important factor with families living in poor conditions. Often, those who could not help to produce more food are considered inferior or unworthy to eat. Maxine Hong Kingston's The Woman Warrior is no exception, due to the relation it creates between eating and the strength of people. This is shown through the tale of Fa-Mu-Lan, the story of the eaters, and the references to the fellow relatives left in China.   Ã‚  Ã‚  Ã‚  Ã‚  In the tale of Fa-Mu-Lan, the narrator is given a survival test, where she has to survive a mountain trek without provisions. During that trek, the narrator finds herself weary from hunger. Hunger brings out her animal instincts, because she needs to stay strong to live. 'On the fourth and fifth days, my eyesight sharp with hunger, I saw deer and used their trails when our ways coincided. Where deer nibbled, I gathered the fungus, the fungus of immortality'; (25). The narrator is forced to search for her food to eat. The hungrier she becomes, the more feral she is. Meat also played a role in the connection between food and strength. During the beginning of her story she claimed she no longer needed meat. After she became starving, she breaks down and eats meat. '†¦I saw the rabbit had sacrificed itself for me. It had made me a gift of meat'; (26). Her will was eroded by the hunger because as her hunger increased, she became weaker and her resolve was easier t o destroy. When the narrator was not starving she was in control of her faculties. Hunger however, strips her even of vision, as she imagines things that do not exist. The narrator says, 'Hunger also changes the world when eating can't be habit, then neither can seeing. I saw two people made of gold dancing the earth's axis'; (27). Viewing two gold dancers would be wonderful to witness, however the chances are very slim. The hunger had weakened her to the point of confusion, and possibly dilution. Just as hunger weakens a person so they cannot command themselves, eating will make a person powerful and the masters of others.   Ã‚  Ã‚  Ã‚  Ã‚  The stories of the heroes who ate heaping amounts of food illustrate that those who can eat have extraordinary powers. The narrator says before, that her mother is powerful';†¦because she can eat anything – quick, pluck out the carp's eyes, one for... ..., yet Kingston continues to reference the topic throughout the book. In the chapter At the Western Place, Brave Orchid meets her sister Moon Orchid at the airport. ''†¦you're so skinny.' 'You're so fat.' 'Fat women are more beautiful than skinny women''; (118). Brave Orchid's bitterness toward American culture influenced the narrator. Fat carried not only excess lipids, it carried wealth and power in Brave Orchid's opinion. Women were more beautiful with fat because wealth enabled them to achieve their 'beauty';. The incessant use of references between strength and eating throughout the book show the narrator was influenced is some manner. The product of the influence may not have been a fat woman, but a woman educated in two cultures. Eating is vitally important in the memoir The Woman Warrior. It is regarded as a sign of strength in the book. That point is shown through Fa-Mu-Lan, the story of heroes, and through relatives in China. With those, Kingston became educated in two differing cultures, possibly influenced by both. The connection between hunger and strength is well known throughout the ages, as the old military adage states, 'An Army marches on its stomach.';

To Miss C.O. Y R.

To Miss C. O. y R. by Jose Rizal (A Translation from the Spanish by Nick Joaquin) Why ask for those unintellectual verses that once, insane with grief, I sang aghast? Or are you maybe throwing in my face my rank ingratitude, my bitter past? Why resurrect unhappy memories now when the heart awaits from love a sign, or call the night when day begins to smile, not knowing if another day will shine? You wish to learn the cause of this dejection delirium of despair that anguish wove?You wish to know the wherefore of such sorrows, and why, a young soul, I sing not of love? Oh, may you never know why! For the reason brings melancholy but may set you laughing. Down with my corpse into the grave shall go another corpse that's buried in my stuffing! Something impossible, ambition, madness, dreams of the soul, a passion and its throes Oh, drink the nectar that life has to offer and let the bitter dregs in peace repose! Again I feel the impenetrable shadows hrouding the soul with the thick veils of night: a mere bud only, not a lovely flower, because it's destitute of air and light Behold them: my poor verses, my damned brood and sorrow suckled each and every brat! Oh, they know well to what they owe their being, and maybe they themselves will tell you what. Translated from the Spanish by Nick JoaquinSource http://joserizal. info/Writings/Poetry/poetry. lwp. htm#To%20Josephina%20%28To%20Miss%20C. O. %20y%20R. %29

Reading English 6 Essay Essay

A. Compare the three main types of plate boundaries. How do they work? How are they similar and different? There are three different plate boundaries. There is convergent, divergent, and transform boundaries. They all do different motions. Convergent boundaries are boundaries where the two plates are coming at each other or converging. Divergent boundaries are boundaries where two plates are moving away from each other or diverging. Transform boundaries are boundaries where two plates are shearing past each other or one plate moves to the left and the other moves to the right. Convergent Boundary A convergent boundary consists of two tectonic plates or fragments of the lithosphere that come together. If an oceanic plate was involved subduction would occur. Subduction is when two plates converge and one goes under the other. Usually if there are two oceanic plates coming together the older/denser plate would get subducted. If there was a continental plate with an oceanic plate the oceanic plate would subduct, because it is denser, but it is a whole different story if they are both continental plates. Since they are both continental there is no subduction mainly, but there is a collision. They become crumpled and faulted which make the biggest mountain ranges, like the Himalayan Mountain Range. B. What real world boundary have you chosen? Where is it located (countries involved, general area of the world, etc. )? My team chose the Cascadia Fault. The plates involved are the Juan de Fuca plate and the North American plate. The countries involved are United States and Canada. It is in northern California, Oregon, and Washington. For Canada it is just the southern part of it. It is in the Northern Hemisphere of Earth. C. Describe in detail how the plates of your real world example are moving. Pay particular attention to details such as crust types of the plates involved, processes that are ongoing, etc. D. What kind of stress is occurring at your real world boundary? How does the stress affect the rock? E. Describe the area around your real world plate boundary. What are some unique landforms (continental and/or oceanic) created by your real world boundary? F. What type of fault is associated with your real world plate boundary? Explain how the footwall and the hanging wall move. G. Identify at least two other areas of the world where you could you find a boundary like the one you researched.

10 Cause and Effect Essay Topics on Evolutionary Biology

10 Cause and Effect Essay Topics on Evolutionary Biology Evolutionary biology is a sub-branch of biology which studies the diversity of life’s origins and how it all started on Earth. If you are writing a cause and effect essay on evolutionary biology then you will eventually need some assistance to ensure that it stands out in every way. This is our first guide, 10 facts on a cause and effect essay on evolutionary biology, where you are provided with facts and figures collected from credible sources. These facts will help you build a firm foundation, in case you don’t know much about evolutionary biology. It would also help you write a superb cause and effect essay on the subject without getting too caught up in the writing process alone. In our second guide, we provide 20 topics on a cause and effect essay on evolutionary biology so you can start writing an essay on any particular topic you like. These topics will give you a fair idea so as to what you should write about and saves a lot of time because most students don’t know where to start. We’ve also included a sample at the end that would eventually help you understand how a cause and effect essay should be written and how is  generally outlined. Finally, in our third guide, we explain how to write a cause and effect essay on evolutionary biology to help you understand the methods, rules and format of writing a cause and effect paper. Without further ado, let’s get started: Charles Darwin was the first ever human being on Earth who thought differently from other biologists (although he was greatly influenced by them) and created an exemplary theory that has now been adapted by all scientists. This theory is known as evolutionary biology, AKA Darwin’s Theory of Evolution. When Darwin revealed his theory to biologists in that era, almost everyone was convinced as he had a diverse and thoroughly presented set of evidence. To his audience he described geographical distribution of organisms in spite of similarity in climate, similarity of developmental patterns that appear dissimilar, underlying morphological similarity between dissimilar forms and much more.His book, The Origin of Species, convinced almost every biologist at the time that evolution had been witnessed, since he had solid evidence behind his hypotheses. Simply put, no one could really argue with his theory. While stellar and life evolution theories really influenced a lot of biologists and still remains the basis of evolutionary biology, many were debunked by scientists of the 20th century. A number of additional theories were also based on the evolution theory, but most of them are utter falsifications. Furthermore, there are no scientific facts to support those theories. Most scientists believe in the evolutionary theory but before Charles Darwin published this theory, there were seven scientific findings that completely contradicted the basis of the evolutionary theory. Louis Pasteur disproved the theory of spontaneous generation by studying fermentation and performing his famous experiment in 1861. Many scientists believed at the time that if you leave a pile of old clothes in a corner and come back later, it will breed mice. However, mice eventually came from other places to eat or nest in those clothes. August Friedrich L.W. disproved the inheritance of acquired characteristics by conducting an experiment on 901 mice. Throughout 19 successive generations of young white mice, he cut off their tails but still, every generation was born with a regular (full-length tail). Another fact that he contributed to science was that of Jewish circumcision. For 4,000 years, circumcision in the Jewish culture took place but it did not affect the foreskin in any way. This went against the Lamarck’s theory. It is believed that during a voyage around the world, Darwin took part in a few witchcraft ceremonies, which led him to disbelieve in Creationism. Random House Encyclopedia states that Darwin died while severely depressed and had an incapacitating and chronic illness. Many modern evolutionists are actually ashamed of his writings too, as he has written mind-boggling phrases without providing evidence or facts that might have supported his theories. Evolutionary theory was published by the Royal Society because, at that time, a group of nine members came together to form â€Å"The X Club†. They were considered a powerful group which had secret connections with the Royal Society. This allowed them to suppress the greatest scientists of that era, which also made publication of their own books easier. Charles Darwin’s conclusion influenced people like Hitler to put the aged, infirm and weak to sleep (forever). This theory was amplified by Darwin’s cousin, Sir Francis Galton; he declared that â€Å"eugenics† was the solution to humanity’s problems. Many theories that have been described in the book, The Origin of Species, do not have any kind of supportive evidence or proof that could identify them as solid and legitimate information. Many modern evolutionists have now changed the name of those theories and indeed, have claimed that they have evidence to support these changes. However, the evolutionary theory is nothing but a philosophy, with no factual data to support it. We are certain that these facts must have provided you with a lot of information about evolutionary theory and will certainly help you write a great cause and effect essay. Now let’s head on to our second guide, 20 topics on a cause and effect essay on evolutionary biology, where you are provided with 20 relevant topics and a sample essay on one of the given topics to give you a complete picture of how it’s written. Don’t forget to read our last guide, how to write a cause and effect essay on evolutionary biology, which will benefit you immensely in write an exemplary cause and effect essay that your professor will also admire. References: Fred Hoyle and Chandra Wickramasinghe, (1981) Evolution from Space, p. 96 R. Milner, Encyclopedia of Evolution, (1990) p. 276 Isaac Asimov, â€Å"In the Game of Energy and Thermodynamics You Can’t Even Break Even,† Journal of Smithsonian Institute, June 1970, p. 6 Jeremy Rifkin, (1980) Entropy: A New World View, p. 6 J. Edison Adams, (1967) Plants: An Introduction to Modern Biology, p. 585 Chris Colby, (1996) Introduction to Evolutionary Biology talkorigins.org/faqs/faq-intro-to-biology.html Huelsenbeck, J. P., Ronquist, F., Nielsen, R., Bollback, J. P. (2001). Bayesian inference of phylogeny and its impact on evolutionary biology. science, 294(5550), 2310-2314.

The Power Of Single-Mindedness Professor Ramos Blog

The Power Of Single-Mindedness TedTalks Janet Stovall In this TedTalks titled â€Å"How to get serious about diversity and inclusion in the workplace† the speaker, Janet Stovall, informs us of the true power of single-mindedness and just how it will help in regards to the integration of diversity and inclusion into the workplace. For those who aren’t completely sure what single-minded means, the Merriam-Webster online page defines it as â€Å"having one driving purpose or resolve† with synonyms like; decisive, determined, intent, purposeful and resolve. She starts off her speech with giving us a little background about herself while tying it into her main argument. It was in 1984 when she was a junior at Davidson College in Davidson, North Carolina that she felt a calling to make that college a more diverse. Given that in that town, it was almost segregated by railroad tracks that marked the â€Å"white Davidson† and â€Å"black Davidson†, as she puts it, it was normal for her to be stopped by cops whe n headed to the college. When she discovered that out of 1,200 students, only 52 of us were black as well as there was only one black professor and one black assistant dean, it was then she made a decision to start what she called â€Å"Project ‘87†. She states that â€Å"Project 87 was really just a challenge to Davidson: in three years, by 1987, enroll 100 black students, hire 10 black professors, create five Black Studies classes and hire one black dean.† So by teaming up with the new president of Davidson at the time, they created a 77 page report for the changes they wished to see by 1987. Now even though she ended up graduating in 1985, it was her single-mindedness that changed Davidson forever. Looking to the present day at Davidson, she says that â€Å"there are 185 black students, there are 16 black or multiracial professors, there are four black deans, and theres an entire degree-granting Africana Studies Department.† It was this accomplishment t hat changed her life. She became an executive speechwriter for one of the biggest companies in the world. Not only is it a profession that is 92 percent white but also predominantly male. When talking to the CEO’s and senior executives, she has seen that business is in a position that no other entity can do. What she has seen, just like at Davidson, is that racism can be dismantled by it. By incorporating the â€Å"Project ’87† ideals of real problems, real numbers, real consequences it is only a matter of time until her vision of diversity and inclusion manifest into reality. In Janets own words That this is what happens if we stop praying for change to happen and actually start moving our feet to making it. Now, can you guess the demographics at Crafton Hills College? Take a guess and click on the link below! Demographics at CHC

Functional Skills for Special Education Students

Functional Skills for Special Education Students Functional skills are those skills a student needs to live independently. An important goal of special education is for our students to gain as much independence and autonomy as possible, whether their disability is emotional, intellectual, physical, or a combination of two or more (multiple) disabilities. Skills are defined as functional as long as the outcome supports the students independence. For some students, those skills may be learning to feed themselves. For other students, it may be learning to use a bus and read a bus schedule. We can separate the functional skills as: Life SkillsFunctional Academic SkillsCommunity-Based Learning SkillsSocial Skills Life Skills The most basic of functional skills are those skills that we usually acquire in the first few years of life: walking, self-feeding, self-toileting, and making simple requests. Students with developmental disabilities, such as Autism Spectrum Disorders, and significant cognitive or multiple disabilities often need to have these skills taught through modeling, breaking them down, and the use of Applied Behavior Analysis. The teaching of life skills also requires that the teacher/practitioner complete appropriate task analyses in order to teach the specific skills. Functional Academic Skills Living independently requires some skills which are considered academic, even if they do not lead to higher education or the completion of a diploma. Those skills include: Math Skills  - The functional math skills include telling time, counting and using money, balancing a checkbook, measurement, and understanding volume. For higher functioning students, math skills will expand to include vocationally oriented skills, such as making change or following a schedule.Language Arts -  Reading begins as recognizing symbols, progressing to reading signs (stop, push), and moves on to reading directions. For many students with disabilities, they may need to have reading texts supported with audio recordings or adults reading. By learning to read a bus schedule, a sign in a bathroom, or directions, a student with disabilities gains independence. Community-Based Learning Skills The skills a student needs to succeed independently in the community often have to be taught in the community. These skills include using public transportation, shopping, making choices in restaurants, and crossing streets at crosswalks. Too often parents, with the desire to protect their disabled children, over-function for their children and unknowingly stand in the way of allowing their children to acquire the skills they need. Social Skills Social skills are usually modeled, but for many students with disabilities, they need to be carefully and consistently taught. In order to function in the community, students need to understand how to interact appropriately with different members of the community, not only family, peers, and teachers.

Research paper over positives and negatives of war bonds during world

Over positives and negatives of war bonds during world war 2 - Research Paper Example However as with regular bonds the purchaser always has the option of redeeming the bond for its face value at a later date. Typically war bonds tend to have a yield which is below market value and are usually sold in different denominations to suit different purchasing power of prospective buyers. All things considered these government issued bonds are considered as steady and reliable investments (Altius directory). War bonds were issued by many countries, including United States and Germany during World War I and II. The role of War Bonds During the Second World War, a number of companies encouraged citizens to buy war bonds. In addition to funding the government, war bonds also reduced the amount of currency on the  open market, with the hope of keeping inflation rates down. Many Americans think of the Series E Bond when they hear the term â€Å"war bonds.† This bond was initially marketed as a â€Å"defense bond† in 1935, and with the outbreak of war, the Treasury switched to calling it a â€Å"war bond.† Series E Bonds were available from the Treasury until 1980. The funds from the sale of war bonds are used to finance the military. American Patriot Bonds may seem like war bonds, but the sale proceeds actually go into a general fund, rather than supporting the military specifically. For people who dislike the idea of supporting military action but want the safety and stability of government securities, other Treasury securities are available for sale, including treasury bills, notes, and general bonds. War bonds during World War 2 United States Initial offerings The last time it was seen that the United States issued war bonds was during the World War 2. This was in the event when full employment clashed with rationing, and the only way money could have been removed from circulation in order to reduce inflation was through the introduction of war bonds. These bonds were issued by the U.S Government, and they were initially called Def ense Bonds. However post the attack on Pearl Harbor, on December 7, 1941; they were renamed to War Bonds. War bonds were primarily debt securities issued for the purpose of financing military operations in the war period, these bonds yielded a 2.9 percent return after a 10 year maturity. If you analyze the median income of a resident of the United States during the World War 2 phase, annual earnings equaled to a total of $2000. It was during this period that regardless of the hardships the American citizens were facing 134 million Americans were asked to purchase war bonds to aid in financing the war. Another option was to purchase stamps, costing 10 cents each, these could be saved towards the future acquisition of a bond. The first series labeled as the ‘E’ U.S. Savings bond was purchased by President Franklin. D. Roosevelt and it was sold to him by Henry Morgenthau, the Treasury Secretary. These bonds served as a loan to the government so that the war could be financ ed. The E Series bonds were sold at 75% of their face value in denominations of $ 25 up to $ 10,000, with some limitations. Promoting the War Bonds The voluntary promotion of the War Bonds was the key responsibly of the War Advertising Council whereas the sales were supervised by the War Finance Committee. Together the work of these two agencies resulted in the

Mid Term Essay Example | Topics and Well Written Essays - 1500 words

Mid Term - Essay Example ations and it is an accepted fact that most of the law enforcement agencies are reluctant in appointing African- American officers in their organizations because of their concern over such intergroup conflicts. Discipline is the main requirement, of a law enforcement organization and the introduction of more African-American into such organizations may result in conflicts between the African-Americans and the Americans which will damage the discipline in the organization. African-Americans have a strong belief that their community is discriminated in America because of the racial issues. An officer who experiences discrimination within his organization may behave rudely against the white community while enforcing the law and order. The feeling of isolation will force them keep an aggressive nature against the white people. Apart from English language, foreign language proficiency is a must for the employees of a law enforcement agency. Most of the African-American may not have good proficiency either in English or in any other foreign language which prevented the agencies from appointing more people from these communities into the organization. MS-13 gang (named after La Mara a street in El Salvador and 13 th street in Los Angeles) is one of the most dangerous and organized criminal groups in America. It is an international criminal group with roots in El Salvador, Mexico, and Honduras like countries. This group originated in El Salvador in order to participate in their civil war and when the war approaches to an end they shifted operations to the nearest country, Honduras. Honduras government has adopted strict measures to control their activities which forced them to move to Mexico. â€Å"The Mara Salvatrucha gang (MS-13) moved into the Los Angeles area in the late 1980s as immigrants from El Salvador began arriving in the city† (MS13 Gang), MS 13 gang members often put numerous tattoos on their body and also wear blue and white colour clothes (colours of El

Economic Indicators' Impact on Different Stock Categories Research Paper

Economic Indicators' Impact on Different Stock Categories - Research Paper Example While every indicator is an important measure of a facet of the economy, do all of them influence the stock markets equally? Hence the importance to know is which of these indicators influence the stock markets most, and probably more importantly which economic indicators most influence which types of stocks. For an investor, knowing which key economic affect the stock prices most can be of paramount importance, especially if they are in the stock market for the short-term. Different families of stocks provide different returns, which means that different investors, based on their appetite for risk, will opt for different investment strategies for which type of stocks to keep in their investment portfolio. This means that a â€Å"one-size fits all' theory on economic indicators affecting the stock prices may not be particularly relevant. Hence the need to identify whether (or not) the same set of economic indicators similarly influence the stock prices of small cap stocks as for lar ge cap stocks. Finally, a revelation from research that the small cap stocks are indeed influenced differently and/or by different economic indicators than those for large cap stocks, could have significant implications for governments - especially in formulating their economic policies with regard to small cap companies and even start-ups in the country. 2 Literature Review Stock markets depend a lot on the economic activity in the country. The health of the economic activity is presented through the economic indicators. Several studies have therefore been done on the linkage between stock markets and macroeconomic variables. While some studies have focussed on industrialised and developed economies others have focussed on the developing economies. Also, while some studies have attempted to see the impact of one macroeconomic variable on the stock prices, others have used two or more variables to see the link between macroeconomic variables and stock markets. Some of the economic i ndicators that influence stock prices as suggested in various studies include: Inflation, Unemployment, Interest Rates, Exchange Rates, Gross Domestic Product (GDP), Industrial Production, M2 Money Supply, and so forth. The subject of how economic indicators influence stock prices or stock returns has been studied regularly over the years. Ibrahim (1999) found that macroeconomic forces have systematic influences on stock prices via their influences on expected future cash flows. Chakravarty (2005) also viewed that stock exchange prices are highly sensitive to fundamental macroeconomic indicators. Mehr (2005) observed that the effects of public policies on economic growth can be measured by the increase in stock exchange prices. Some of the other researches to have been conducted on studying the link between one or a combination of several economic indicators and stock markets are Feldstein (1983), Thorbecke and Coppock (1995), Chang, Yeung, & Yip (2000), Sellin (2001), Boyd, Hu & Ja ganathan (2002), Tessarotis (2002), Bernanke & Kenneth (2005), Desislava (2005), Vygodina (2006), Maskay (2007), Bartolini, Goldberg & Sacarny (2008), Mahmudul & Gazi (2009). These studies have dealt with the subject with different approaches - from considering one of the economic indicator’s effect on stock market to considering a bunch of up to 25 economic indicato

The History of the Lubicon Lake Band and the Case Against Canada Essay

The History of the Lubicon Lake Band and the Case Against Canada - Essay Example The community claimed that the government did not consult any of their representatives during its decision2. In addition, the group claimed that gas and oil exploration projects would compromise their habitat. The Lubicon lake community currently has approximately 500 members who are the among the indigenous community that lived in Canada before the arrival of the European immigrants. Members of this community depend on hunting and trapping as their main economic activity. Conflict between the community and the Canadian government began when the government failed to consider them in 1899 treaty3. The treaty aimed at identifying and protecting territories of indigenous communities who lived in the country. Following the government decision, members of the community failed to present a systematic or legal claim to the government to claim ownership of the land. Lubicon lake community may have assumed that the government was responsible in protecting the rights of every community particu larly the minority community. On the other hand, the government did not show economic interest on Lubicon band territory. The government may have ignored the incorporation of the community in the 1899 treaty in order to protect its interest in the region4. The struggle between the lake community and the nation attracted the interests of the international community in 1984. This followed a failed attempt by members of the community to achieve any political or legal settlement for their case concerning invasion of their indigenous land. The United Nations Human Rights Committee (UNHCR) intervened in the case although, the community’s chiefs had previously requested for intervention from the international community. However, the Canadian government was against the decision claiming that they had not exhausted all domestic avenues that could be used to resolve such case5. After detailed investigations of the issue, the UNHCR concluded that available domestic remedies were insuffi cient to settle the case6. This is because the community did not have the ability to defend its interest against the country. In addition, the community was unlikely to win back their indigenous land back since Canada controlled the judicial system. In 1990, the UNHCR agreed that the state was a threat to the existence of the community by allowing invasion of their cultural land. The committee also agreed to include the Libicon community among threatened communities in order to attract the attention of the international community7. The committee also argued that the government had violated Article 27 of the international law concerning indigenous communities and indigenous territories. The Canadian government responded by increasing avenues for negotiation between the community and the government in relation to the controversial land. The government proposed resettlement of the community as the main solution to the case considering that the region was of national interest8. However, the Lubicon community declined the resettlement offers given by the government claiming that their traditions do not allow them to give up their ancestral land. Representatives of the community also argued that giving up their land would also be against the 1899 treaty. This is because the government pledged to protect the interests of indigenous community in cases involving land disputes. Community members also argued that currently the country did not have any

Relationship maintainance Essay Example | Topics and Well Written Essays - 750 words

Relationship maintainance - Essay Example It ensures that none of the members has more benefits others within the society provided they have the same qualifications. It is not certain whether nepotism is right or wrong in the society; however, individuals in countries such as China believe in nepotism. Many people have different perceptions and beliefs concerning nepotism. Nepotism is a direct act of favoritism to other persons due to a given relationship status with such persons (Jones, 9). It does not consider merit in the allocation of opportunities or resources. Nepotism seems to favor a few individuals in the society; however, it is not fair in the modern world especially in educational and corporate institutions. Although it may be beneficial to some individuals, it could result in negative consequences in the long-term. Such consequences involve the denial of the acquisition of communication skills alongside other important skills due to overdependence on family networks and relationships. People who depend on nepotism for opportunities do not show effort or commitment to their work because they sure of their strong networks. China is one of the largest countries in the world. It is also one of the oldest civilizations and has improved technologically over the years. Many students graduate every year from higher learning institutions with expectations of easily securing working opportunities. However, it is difficult for such graduates to find employment despite having all the desired qualifications. This is because, for one to find a job they require higher educational qualifications, work experience, and above all a perfect network. A perfect network involves the ability to maintain constant visits to the home of a person in authority for a long time. For instance, I needed to find a job once I graduated. My father had already started a relationship with a particular manager a long time ago. This is because he needed the manager to

Economic Liberalization Essay Example | Topics and Well Written Essays - 2000 words

Economic Liberalization - Essay Example Though both have now become a very successful case of FDI channeled development model but the structure of economy of these two nations are at the two ends of any of the economic theory. In China, being a one party communist state and very strong central government economic decisions are taken irrespective of what is actually the people at ground wish while in India, being a secular democratic nation with multi-party political system decisions related to economy are often taken while considering the compulsions like electoral promises and is very much populist in nature. The governments which includes both central and states are always under pressure from both opposition parties and popular public demand and many a times the decisions get affected due to this factor. At the same time, India's economic stand for more than forty years of its independence had been protective and least connected with the world (Bromley, Mackintosh, Brown & Wuyts, 2004, p. 196). Its neutral stand during t he cold war and strategic military relationship with USSR caused very less interation with western world led by USA. The country continued to pursue its independent political stand and entered 21st century, its economic structure saw extreme changes and the country now boasts of having the USA as its largest trading partner and at the same time, US has also found great interest in world's largest democracy and the recently signed nuclear treaty between the US president George Bush and Indian Prime Minister Dr. Manmohan Singh clearly underlines the growing interest between the two. So the new India or better to say the liberalized India post reforms presents a beautiful case where Kenneth Waltz's theory of International Relations which states that the action of a state can often get affected due to pressures being exerted by international forces and thereby limiting the options available to them(1979). The neorealist or structured model has been developed with the aim to explain the repeating patterns of state behavior and power and its extent which is the combination of its capacity to resist external influence while influencing others to behave according to its wishes (Extra Material, p. 6). The liberalization process in India began in early 1990s in the tenure of the Prime Minister P. V. Narashimha Rao under the leadership of then Finance Minister Dr. Manamohan Singh. The reform process and India's integration into world economy was widely appreciated with International Monetary Fund or the IMF calling it a long term corrective measure. The reform process which began with India signing GATT and becoming a part of WTO was widely appreciated by almost all economic quarters (Bromley et. al, 2004, p. 173). But still the opposition led by communists and the BJP were dead against the proposal. The Narashimha Rao govt. continued with his reforms though slowly while destroying the opposition unity by making non BJP opposition parties believe that the fall of the government will make way for BJP to grab power at centre. BJP at that time was regarded as a communal political party and there was a widespread fear that once coming into power this party will make solid changes to th e current political structure of India and might convert India into a single party ruled state. This fear helped the Narashimha Rao govt. to complete its full term and during this period, the Indian economy became irreversibility liberal (Bromley et. al,

Relationship maintainance Essay Example | Topics and Well Written Essays - 750 words

Relationship maintainance - Essay Example It ensures that none of the members has more benefits others within the society provided they have the same qualifications. It is not certain whether nepotism is right or wrong in the society; however, individuals in countries such as China believe in nepotism. Many people have different perceptions and beliefs concerning nepotism. Nepotism is a direct act of favoritism to other persons due to a given relationship status with such persons (Jones, 9). It does not consider merit in the allocation of opportunities or resources. Nepotism seems to favor a few individuals in the society; however, it is not fair in the modern world especially in educational and corporate institutions. Although it may be beneficial to some individuals, it could result in negative consequences in the long-term. Such consequences involve the denial of the acquisition of communication skills alongside other important skills due to overdependence on family networks and relationships. People who depend on nepotism for opportunities do not show effort or commitment to their work because they sure of their strong networks. China is one of the largest countries in the world. It is also one of the oldest civilizations and has improved technologically over the years. Many students graduate every year from higher learning institutions with expectations of easily securing working opportunities. However, it is difficult for such graduates to find employment despite having all the desired qualifications. This is because, for one to find a job they require higher educational qualifications, work experience, and above all a perfect network. A perfect network involves the ability to maintain constant visits to the home of a person in authority for a long time. For instance, I needed to find a job once I graduated. My father had already started a relationship with a particular manager a long time ago. This is because he needed the manager to

Summary of an article Essay Example | Topics and Well Written Essays - 750 words - 1

Summary of an article - Essay Example In his article, Tiebout stresses that this concern is different if the governments can â€Å"provide goods to citizens who can move to distinct communities† (Stoddard n.p.). The rationale is that if the people are confronted with a collection of communities that afford various kinds or levels of goods or services, then the people will be placed in a framework wherein they are able to choose communities that best serve their interests. This is a potential resolution to this â€Å"free ride problem† as citizens will be given options based on their capacity to take on tax burdens: citizens with high demands for public goods may choose to focus on communities that provide the corresponding levels of services and taxes. On the other hand, those who could not afford high levels of services and taxes may choose to concentrate on communities has low demands. The gist of this potential intervention, according to Tiebout, is to ensure that every citizen get their fair share of pu blic goods and services. Tiebout believes that Samuelson’s article largely focused on the public goods at the central level. He observes that while Samuelson and Musgrave claimed that public good provision can be optimal, this can only exist if the citizens express their true preferences through voting. Nevertheless, in reality, this is not what is happening: citizens are devaluing their preferences and demands in order to preclude high taxes. He identifies that this model merely presumes that provision of public goods can only be carried out by central governments. Tiebout balks with this idea and resorts to local governments. He comes up with a model that considers local governments as providers of public goods. He proposes that local governments, like central governments, generate a parcel of public goods. Tiebout believes that local governments can provide optimum public

The Boston Beer Company Essay Example for Free

The Boston Beer Company Essay Jim Koch began selling Sam Adams beer from bar to bar out of a brief case in April 1985. He sold unlabeled bottles kept cold with chill packs from his briefcase. His sales tactic was the following simply 10-second pitch: â€Å"Try this new beer. It’s handcrafted in small batches. You’ll like the taste. † (Hyatt, 2010) At the time, the craft beer industry in America was virtually non-existent. By 1989, sales of Sam Adams had grown to 63,000 barrels. In 1996, Sam Adams sales had reached 1. 2 million barrels. (Wikipedia, 2012). The success of the brand served as the catalyst for what many call the microbrew revolution. By 1995, there were approximately 600 small, local and regional breweries throughout the United States. Today, the Boston Beer Company (producer of Sam Adams) employs over 800 workers and brews over 2 million barrels of Sam Adams beer annually. It is the largest of the craft breweries in the United States. (Boston Beer Company) The craft brew industry accounts for about 1 percent of the domestic beer market, which is dominated by giants MillerCoors and Anheuser-Busch InBev. This is has required a remarkable level of growth since the early 1990s. In 2011, the industry grew 13 percent by volume (barrels) and 15 percent by retail dollars. Domestic craft beer sales reached 11,468,152 barrels in 2011, up from 10,133,571 in 2010. This growth has occurred despite the overall $96 billion domestic beer market contracting in the past few years (down 1 percent in 2011 to 199,937,239 barrels). (Brewers Association, 2012) The craft brew industry is comprised of several types of breweries which range in annual production from a few barrels up to 6 million barrels. The Brewers Association recently revised the upper limit from a previous point of 2 million barrels in 2011. (Nason, 2011). The industry classifications are the following: * Nanobreweries: Breweries which produce less than 30 barrels per year. * Microbreweries: Breweries classified by their annual production volume, which is up to 15,000 barrels per year. In addition, 75 percent of the beer produced is sold outside of the brewery. There are no set guidelines on the inputs or techniques used to produce the beer in order to be classified as a microbrewery. (Kleban Nickerson, 2011) While the term is often used interchangeably with the term ‘craft beer,’ they are actually not synonyms. A craft beer must contain at least 50 percent traditional malt. (Brown, 2012) * Brewpubs: Restaurant-based breweries in which more than 25 percent of the beer produced is sold onsite, often directly from the brewery’s storage tanks. A majority of these are located in the northeast. * Contract brewing company: Breweries which outsource their production to other breweries subject to exact brewing specifications. The contract brewing company handles all marketing, distribution, and selling responsibilities. (Brewers Association, 2012) Boston Beer Company used to be classified as a contract brewing company. However, from 2007 to 2009 the company’s production at company-owned breweries increased from approximately 35 percent to over 95 percent. (Datamonitor, 2011) * Regional craft brewery: Brewers which produce from 15,000 to 6 million barrels of beer per year. Less than 25 percent of the brewery is owned or controlled by a non-craft alcoholic beverage industry member. In addition, at least 50 percent of its production volume must be in all-malt beers. (Brewers Association, 2012) The Boston Beer Company is now a regional craft brewery. The total number of U. S.craft breweries passed 2,000 in 2012, with significant growth since 2009: Breweries (#)| 2009| 2010| 2011| Regional Craft Bwr. | 71| 81| 88| Microbreweries| 505| 615| 789| Brew Pubs| 1,020| 1,053| 1,063| Total| 1,596| 1,749| 1,938| (Brewers Association, 2012) The industry is based on a three-tiered system of distribution in which the producers partner with wholesale distributors who provide transportation and refrigerated storage to retailers. There are hundreds of distributors in the industry, and over 630,000 retailers. There are over 220 million potential customers (over the age of 21 yrs.) domestically. (Beaudette, 2011). States control the regulation of the industry, and typically collect taxes through the distributors, rather than attempting to work with hundreds of thousands of retail outlets. (Beer Distributors of Oklahoma, 2010) Company’s Dominant Features The Sam Adams brand was named for the Boston revolutionary who was also a brewer. Samuel Adams Boston Lager made its debut in April 1985, when it was served in approximately 25 Boston bars and restaurants. At this point, the company had two employees: Jim Koch (founder) and his partner Rhonda Kallman. Sales reached 500 barrels by the end of the year, and the company expanded rapidly from there. (Samuel Adams, 2012) The company went public as the Boston Beer Company in 1995, selling shares of Class A common stock on the New York Stock Exchange using the ticker symbol SAM. Jim Koch owns 100 percent of the company’s class B stock, which grants him control over all decision-making responsibilities of Boston Beer Company. They have three breweries located in Cincinnati, Boston and Breinigsville (Pennsylvania), and produce over 30 styles of beer. (Boston Beer Company) This includes its seasonal brands: Alpine Spring (January-March), Summer Ale (April-August), Octoberfest (August-October), and Winter Lager (November-January). (Wikipedia, 2012) The company currently produces over 2 million barrels of beer annually, and is the largest craft brewery in the industry. It is the second largest American brewery by sales volume (to D. G. Yuengling and Son). The company has been a pioneer within a growing differentiated niche market within the alcohol beverage industry. The Boston Beer company builds its competitive advantage by focusing on innovation and quality (freshness). The company (and craft beer industry as a whole) cannot compete with Anheuser-Busch InBev and MillerCoors based on price due to lack of scale (though Sam Adams is more widely distributed than any of its craft industry members). The company began freshness dating back in 1987. It soon followed this with an amnesty program for its wholesalers which allowed beer that was three months past its expiration date to be returned for a partial refund. In more recent years, the company has enacted its Freshest Beer in Town initiative. This is a just-in-time distribution model in which wholesale partners will keep only one week of inventory (down from 3-4 weeks’ worth before), and the Boston Beer Co. will replenish supply based on consumer demand. The company also has begun the Draft Quality Audit Program, in which trained employees make in-market visits to test the freshness of the company’s product on tap at various retailers. Over 20,000 such audits are now conducted on an annual basis. The company also plans to continue pursuit of joint collaborations with other breweries and expansion of its own operations. It currently has an agreement with Moosehead Brewery for distribution of Sam Adams products in Canada. It has also teamed with Germany’s Weihenstephan Brewery to create Infinium, the first new beer style created under the Reinheitsgebot principle of beer purity (only four allowed ingredients: water, malt, hops and yeast). The Weihenstephan Brewery has a credible claim as being the world’s oldest brewery, and enjoys a strong reputation among beer enthusiasts. (Zegler, 2012) Regarding potential future growth, founder Jim Koch is excited for both his company and the craft beer industry. In 2011, he stated the following: I do believe that craft beer has a solid foundation for continued growth. Because in 2011, craft beer has become the new wine and the 20-somethings are adopting craft beer in the same way that their boomer parents adopted wine. When that happened in the 80s it led to decades of steady, healthy growth, and I’m optimistic that craft beer can have many years of steady, health growth†¦. I also believe that we (Boston Beer Co. ) have a really bright future. We’re also very small. Sam Adams can double. We can maybe even triple [in size] in the next 20 years. (Zegler, 2012). Places where it competes As stated above, the Boston Beer Company operates three breweries in Cincinnati, Boston and Lehigh Valley of Pennsylvania. Over 95 percent of the company’s products are now produced in its own breweries. It is distributed throughout the United States, in parts of Europe including Germany, and now in Canada through an agreement with the Canadian brewery Moosehead. Standing in the Industry (Rivals) Boston Beer Co. has been the craft brewing industry leader since its beginning. It was the number one craft brewer in 2011 based on beer sales volume. It was followed by Sierra Nevada Brewing Co.and New Belgium Brewing Co. In the overall industry, Boston Beer Co. is number five in beer sales volume, behind Anheuser-Busch InBev, MillerCoors, Pabst Brewing Co. and D. G. Yuengling and Son Inc. The craft beer segment accounts for approximately one percent of the overall alcoholic beverage category (includes wine and spirits, imported beer, craft and large breweries). (Brewers Association, 2012) Anheuser-Busch InBev and MillerCoors dominate the industry, though business dipped last year. Interestingly, there seems to be a great amount of cooperation and collaboration amongst the members of the craft brewing segment. Building the segment is a common concern with many of the regional craft breweries. For example, in 2008 Boston Beer Co. responded to an industry-wide hops shortage by sharing 20,000 pounds of its own hops at cost with 108 selected craft breweries. (Samuel Adams, 2008) There are many other notable craft breweries that have emerged as industry leaders in the past decade, including the following: * Sierra Nevada Brewing Co. : The nation’s second largest craft brewer, they are based Chico, California. The company was founded by Ken Grossman and Paul Camusi in 1980. Production is approaching 1 million barrels annually. The most popular product is the Sierra Nevada Pale Ale. * New Belgium Brewing Co. : Headquartered in Ft. Collins, Colorado and founded in 1991 by Jeff Lebesch. The company’s flagship beer is the popular Fat Tire. It is the nation’s third largest craft brewery. The company’s distribution network had reached 19 states by 2009, and is growing. * Deschutes Brewery: Based in Bend, Oregon. The company’s products include its Black Butte Porter, Mirror Pond Pale Ale and the award-winning The Abyss (11% alcohol by volume; released in 2007). * Harpoon Brewery: Headquartered in Boston, Mass. Products include its India Pale Ale, Munich Dark, 1636 Brew and four seasonal varieties. * Boulevard Brewing Co. : Located in Kansas City, Missouri. The company’s products are available in over twenty states in the Midwest region. (CNBC, 2012) * Dogfish Heah Craft Brewery: Founded by Sam Calagione and based out of Delaware. Calagione is known for pushing the boundaries of brewing varieties, and actually collaborating with Jim Koch in creating 2009’s SAVOR Flowers brew (it was a one-time experiment). Competitive Capabilities Boston Beer is the craft beer industry leader by production and sales volume. Its focus is on freshness and innovation (variety). The company started early with its freshness dating, followed by its amnesty program for its distributors, and now the Freshest Beer in Town and Draft Quality Audit Program. Regarding his company’s emphasis on beer freshness, Koch stated the following: If my beer isn’t fresh, I want the consumer to buy something else. And I want to make it as easy as possible for them to know because if they have a bad experience with my beer, they may not buy it again. To me, it’s not about trying to get consumers that are trying one beer after another and they never buy again. I’m very focused on giving consumers a great taste in every bottle so I can build brand loyalty based on a reliably rewarding experience. (Zegler, 2012) Boston Beer innovation is manifest in its wide variety of seasonal and specialty brews, as well as its recent notable collaborations. It teamed with Weihenstephan Brewery to create Infinium, which sold out domestically within a few weeks, and apparently had similar success in Germany. The company added Noble Pils in 2010 (winner of its 2009 Beer Lover’s Choice election; brewed with all five Noble hops). Latitude 48 is an India pale ale with hops from producers along the 48-degree latitude sources. The company also released its Samuel Adams Revolutionary Rye Ale in 2011 (winner of 2010 Beer Lover’s Choice election). The company also intends to expand its Barrel Room collection of beers, which until recently were only distributed in Denver and Boston. The Barrel Room beers are aged in the Boston Beer Company’s brewery supply of barrels, and include American Kriek, New World Tripel, and Stony Brook Red varieties. Jim Koch stated the following concerning his company’s push for new varieties: We’re not the new kid on the block. We’re not the newest beer out there. We’re not the most local. We don’t have the best marketing or a cute brand name. People have tried Sam Adams, it’s not a new experience†¦ the reason that we’ve become the leading craft brewery is because we have always given the consumer the best possible experience and they have rewarded us with their loyalty. That’s why we keep pushing on those things. . (Zegler, 2012) Forces Driving Industry Change. Aside from the continued expansion efforts of many industry’s regional craft breweries, there has also been a current lobbying push on behalf of the craft beer industry for the passage of Congressional bills H. R. 1236 and S. 534, which would reduce federal excise taxes applicable to the craft breweries. Specifically, if passed the bill would reduce the small brewer rate on the first 60,000 barrels by 50 percent, from $7. 00 to $3. 50 per barrel. The rate on production between 60,000 and 2 million barrels would also be reduced from $18. 00 to $16. 00 per barrel. The two bills were introduced in March 2011. (Brewers Association, 2012) (Buchman Law Firm, LLP) Sources of Competitive Advantage Arenas Boston Beer Company operates in the craft brewing industry, which accounts for approximately 1 percent of the overall beer industry, which is dominated by Anheuser-Busch InBev and MillerCoors. Sam Adams and the company’s other products are distributed throughout the United States and Canada (via the recent agreement with Moosehead Brewery of Canada). The company’s target customer is one who is willing to pay a premium price for a quality beer, and will display brand loyalty. The company’s standing as a catalyst for the microbrew revolution has given it considerable brand recognition among beer enthusiasts. Vehicles The company has grown considerably in twenty years, employing over 800 employees with three breweries which now produce 95 percent of the company’s products. Jim Koch plans to continue company expansion, with visions of tripling in size in the next twenty years. Based on the company’s history, expansion will most likely occur through internal development rather than via any mergers or acquisitions. Each beer style must registered by requests for certificates of label approval (COLA). State registration usually requires a state application coupled with the federal COLA for a given label. (Buchman Law Firm, LLP) Excise taxes are typically collected through a company’s wholesalers. Boston Beer Co. has embarked on some notable recent joint ventures, including its creation of Infinium in collaboration with the Weihenstephan Brewery and its Canadian distribution agreement with Moosehead Brewery. On the supply side, the company must continually replenish its inventory of barley and hops. Monthly barley prices from February 2007 to January 2012 had a standard deviation of $37. 76 per metric ton. This low amount of variation has led many breweries to simply purchase the crop on an annual basis. Conversely, many breweries will contract to acquire hops years into the future. The Boston Beer Company has over $33 million in hops contract commitments through 2015. (Craft Beer Analytics, 2011) Differentiators Boston Beer Company has significant brand equity within the craft beer industry due to its significant role in creating it. They attempt to further differentiate their products based on freshness and product innovation. Its Freshest Beer in Town initiative is a just-in-time supply arrangement with the company’s wholesalers (it was intended to include 50 percent of Boston Beer’s distributors by the end of 2011). (Craft Beer Restaurant Times, 2011) The program reduced suppliers’ inventories of Sam Adams down from an average of 3-4 weeks to just one week (which is to be kept chilled). Boston Beer ships more based on what the distributors have sold as opposed to advance orders. According to Koch: â€Å"Refrigeration of the beer virtually eliminates all of the product degradation that happens through the supply chain. The temperature control also makes it as if the retail account is getting its beer straight from the brewery. † The Draft Quality Audit Program is one in which company salespeople have been trained to taste the defects and track the cause of low quality Sam Adams on tap at various retailers. Boston Beer Co. now conducts approximately 20,000 audits each year, which has resulted in a drop in the incidence of low quality company beer from 15 to just 3 percent, according to Koch. (Zegler, 2012) The company has also continued to expand its beer varieties. From its seasonal brews and collaborations with breweries such as Dogfish Head and Weihenstephan, to its Barrel Room collection and updates such as Noble Pils, Latitude 48 and Revolutionary Rye Ale, the company is always looking to test the boundaries of craft brewing. Corporate Strategies Boston Beer Company has successfully built on Sam Adams’ strong brand equity, differentiating its products based on quality, variety, and freshness. The company has continued to expand its operations with no plans to discontinue such efforts. It has also hedged against future increases in hops prices with over $33 million in hops contracts already signed covering the company through December of 2015. Economic Logic The craft beer industry is based on the idea that consumers will pay a premium price for a quality beer which is different from the industry norms offered by companies such as Anheuser-Busch InBev and MillerCoors. Sam Adams also benefits from considerable brand equity. Staging and Pacing. Jim Koch has stated that he believes that the craft beer industry will continue to trend upward in sales relative the rest of the alcoholic beverage industry, and that the Boston Beer Company could triple in size within the next 20 years. His opinion on this matter is important, because Koch owns all of the company’s Class B common stock and with it, retains all decision-making authority for the company. Financial Analysis Current Financial Standing The 2011 fiscal year provided the Boston Beer Company with multiple opportunities to raise their glasses. Undoubtedly, the major achievement of 2011 was officially obtaining just over 1% of the United States beer market. This increased market share enabled the company to release some very impressive numbers in their recent 10-K. Earnings Snapshot| Revenue| $558. 282M| Net income| $66. 059M| Return on assets| 24. 24%| Return on equity| 35. 76%| Profit margin| 11. 83%| Current ratio| 1. 88| Quick ratio| 1. 37| Quite possibly the most staggering ratios from the 2011 filing are the company’s return on assets (investment) and return on equity. These tools measure how profitable a firm is relative to their total assets and total equity, respectively. In 2011, the Boston Beer Company reported a return on assets of 24. 24% and a return on equity of 35. 76%. Both of these ratios have a high level of volatility depending on the industry. These measures are remarkable within the alcoholic beverage industry, as well as the general beverage industry. In comparison, Coca-Cola (KO) posted a return on assets of 10. 72% and a return on equity of 27. 10% in 2011, while the winemaking company Constellation Brands (STZ) posted a return on assets of 6. 25% and a return on equity of 16. 75%. Furthermore, the company performed well regarding profit margin. Differing from other measures, profit margin should rarely be used to compare different firms. The reasoning behind this is that firms have varying levels of setups, so comparing profit margins could lead to confusion and misdiagnosis. The best way to use profit margin is against prior years. When weighed against its prior years, the company has seen a constant uptick over the past several years, signifying it is doing a good job of controlling costs and setting pricing at a reasonable level. The Boston Beer Company excelled in their liquidity and leverage ratios as well, not just in the three major profitability ratios: return on assets, return on equity, and profit margin. The most common ratios for measuring liquidity are the current ratio, quick ratio, and cash ratio. The current ratio (liquidity ratio) is an easy way to measure whether a firm is able to pay its short-term debts. A ratio of 1. 0 or above is likely and expected, and the Boston Beer Company’s 2011 current ratio of 1. 88 leaves it with plenty of leeway to pay all of its short-term obligations. Much like the current ratio, the quick ratio is a slightly more conservative measure that takes into account current levels of inventory, which can be difficult to liquidate. The company’s quick ratio is 1. 37, after taking out inventories. This still leaves plenty of room for the company to repay its short-term obligations. The last liquidity ratio is the cash ratio, which is the least commonly used of the three measures mentioned previously. The cash ratio is the ultimate ratio of liquidity because it only compares cash and marketable securities to current liabilities. An extremely high cash ratio could signify that a firm is stockpiling cash and not investing its assets wisely. The company’s cash ratio of 0. 74 is less than 1. 0 but still reasonable considering the other amounts of short-term assets. While the company does not have the ability to pay its short-term obligations with cash, it is still operating within a secure level of liquidity. The last group of ratios is the leverage ratios. These ratios measure how much debt a company is carrying. The total debt ratio divides total liabilities by total assets, giving an estimation of how leveraged a company is at a given time. In 2011, the Boston Beer Company’s total debt ratio was 0. 32, which would signify a generally low level of risk to potential investors. Much like the total debt ratio, the debt to equity ratio is a leverage ratio that has total debt in the numerator. The difference is the debt to equity ratio divides the total debt by stockholders equity. This ratio shows how a company finances its activities, whether through debt or equity. The Boston Beer Company’s debt to equity ratio of 0. 47 indicates it has very little debt compared to its equity. This shows how the company has been conservative in using debt to finance its operations. The last leverage ratio is interest coverage, a tool used to see how easily a company can pay its interest expenses. Since the company has interest income instead of interest expense, the interest coverage ratio is not valuable when evaluating the company’s 2011 financials. Recent Financial Trends During the past three years, the Boston Beer Company has seen steady gains from almost all of their major financial indicators. The company, undoubtedly, has improved on their prior year results across the board since 2009. When the financial crisis struck the United States and the world in late 2008, most firms encountered decreased earnings and in many instances, losses. Many of these companies are just now returning to their pre-recession profitability. The majority of the damage was incurred to these companies in the fourth quarter of 2008 and well into 2009. As seen by their year-over-year net income growth of 284. 74% in 2009, the recession did little to hurt the company’s financial situation. One potential explanation for its recession success comes from the â€Å"relationship between economic recession and [increased] consumption of alcohol and that heavy drinking behavior is unambiguously associated with unhappy feelings or dissatisfaction† (Anderson Moro, 2008). The widespread theory is that a sudden decrease in income has little affect or possibly a negative correlation with beer consumption. Quite possibly, this could explain why most vice companies trade with a beta less than 1. 0, indicating a negative relationship with the market. The Boston Beer Company is currently trading with a beta of 0. 85. In their most recent 10K, the company posted a year-over-year net income growth of 31. 74%. While this number appears very positive on the surface, it does not fully take into account a settlement the company received from its glass bottle supplier when the company had to issue a recall after routine inspections found glass particles in certain bottles. The recall affected approximately 25% of the company’s bottles and was completed by the fourth quarter. Nevertheless, the end result was the company â€Å"received a cash payment of $20. 5 million, which was recorded as an offset to operating expenses, and all parties have released each other of any claims as they relate to this matter† (The Boston Beer Company, Inc. , 2011). Comparison with Market Leaders While the Boston Beer Company has been experienced significant gains the past few years, it is still a minor player in the beer industry compared to the two leaders: Anheuser-Busch InBev and MillerCoors. These two companies combine for a total market share of just over 35%. The Boston Beer Company’s 2011 revenue of $558. 282 million is 1. 43% and 10. 80% of Anheuser-Busch InBev’s $39. 046 billion and SABMiller’s $5. 170 billion, respectively. While it cannot compete on revenue, the company can compete on productivity. The productivity ratio is computed as employees divided by revenue. The company’s productivity ratio of $664,620 per employee tops Anheuser-Busch InBev’s $336,600 per employee and MillerCoors’ $277,260 per employee. The company has repeatedly stated that its goal has never been to be on the same level as the market leaders. Instead, its goal is to be the leader in the better beer category, which includes Yuengling, Corona, and Heineken. In 2011, D. G. Yuengling and Son passed the company as the largest American beer-maker in sales, a title long held by Anheuser-Busch. The Boston Beer Company’s objective is to regain that title and grow with the better beer category. Stock Trends The Boston Beer Company has a very unique setup for their common stock. The company has 8,714,931 shares of Class A Common Stock outstanding and 4,107,355 shares of Class B Common Stock outstanding. Where the setup gets unique is that the Class A Common Stock only have voting power to approve certain mergers and elect a minority to the board of directors. The Class B Common Stock is held entirely by C. James Koch, Chairman of the Board of Directors, who has control over the majority of the board of directors and most other matters regarding shareholder approval. This gives Mr. Koch substantial control over his company and takes a large amount of power from the remaining shareholders. After reaching its lowest point in close to a decade at $19. 02 in May 2009, the Boston Beer Company (SAM) has rebounded to new levels. In fact, the stock reached its all time high of $119. 84 on June 19, 2012. Except for a decline of close to 25% of the stock’s value in early 2011, the increase has been steady and balanced since the low in 2009. One interesting note is the volume of shares traded in late 2007. Traders saw the stock rising quickly from $30 to $50 and felt it had a lot of volatility. This led to a sharp increase in trading activity that pushed the volume over 1. 5 million shares. Stock Performance Outlook As of late, stock analysts have conveyed mixed feelings about the company’s future stock outlook. According to Morningstar’s survey of four analysts, one rates the stock a buy, one rates it underperform, and two rate it a hold. This shows exactly how divided analysts are on the future of the stock. Since 2008, earnings per share has increased from $0. 56 to $4. 81, although the $4. 81 does take into account the settlement. Excluding the settlement, earnings per share in 2011 was $3. 73, still a 5. 97% increase over 2010. For 2012, analysts are â€Å"looking for full-year earnings of $4. 14, a projected 10% increase from last year. The next-year estimate is pegged at $4. 80, a solid 16% earnings growth projection† (Vodicka, 2012). If the company meets or exceeds these earnings projections, there is little doubt that it could continue climbing. Traders who are bullish on the stock believe it should continue growing with the craft brewery sector. They point toward the company’s recent run of hitting estimates, its healthy price to earnings ratio of 22. 57, and its recent investment in their brewing facilities to keep up with increased demand. On the other hand, bearish traders point toward the company’s high valuation premiums that are incorporated into the prices. If the company were to miss their upcoming quarterly earnings, it could ignite some traders to short the stock, potentially sending it spiraling. Key Success Factors. For firms to be successful over a long period of time, they must be aware of the key success factors that drive profitability in their industries. Key success factors are a set of issues that all companies operating in the industry must pay attention to in order to be successful. Quite simply, key success factors are something each company must have to accomplish long-term success. In his 2004 journal article, Richard A. Caralli explains that â€Å"every organization inherits a particular set of operating conditions and challenges that are inherent to the industry (or a segment of the industry) in which it chooses to do business. This results in a unique set of [key success factors] that organizations in a particular industry must achieve to maintain or increase their competitive positions, achieve their goals, and accomplish their missions† (Caralli, 2004). The beer industry in particular has three main key success factors. First, firms must have an advertising campaign that effectively reaches their target audience. For years, Anheuser-Busch has been the market leader by segmenting the way it advertises its different brands. Budweiser is marketed as the â€Å"King of Beers† and is known for its signature Clydesdale horses and vintage bottle design. On the other hand, Bud Light is marketed as â€Å"The Sure Sign of a Good Time. † Its commercials are designed for a much younger audience and are regularly voted as some of the most humorous on television. The other major beer makers seem to follow the same strategy of marketing their core brand as legendary and historic, while marketing the light varieties in a more humorous tone. A second key success factor in the beer industry is obtaining and maintaining a network of wholesale distributors. These distributors act as middlemen to transport the beer from brewers and importers to stores, bars, and restaurants. The approximately 3,300 distributors in the United States allow companies to focus more on brewing and marketing and less on delivery to the end user. The beer wholesaler industry is a very large industry in itself. The largest distributor, Reyes Beverage Group, delivers 93 million cases per year and has revenues of $1. 9 billion. Firms must keep in constant contact with these distributors to ensure timely and cost-effective delivery. The last major key success factor affecting the beer industry is knowledge of the consumer. To be able to effectively advertise for their brands, firms must have deep knowledge of their target audience. The beer industry is segmented into a variety of different divisions. Marketing a specific product incorrectly could be extremely costly. Miller is effectively targeting their target audiences with Miller 64 and Miller High Life. Miller 64, with only 64 calories, is intended for males and females age 35 and under, while Miller High Life is intende.

The Primary Obstacle To Success Marketing Essay

The Primary Obstacle To Success Marketing Essay The primary obstacle to success in international marketing is a persons self reference criterion (SRC) in making decision, that is, an unconscious reference to ones own cultural values, experiences, and knowledge as a basis for decisions. The SRC impedes the ability to assess a foreign market in its true light. if we talk about in basic terms then SRC means to forget about self like if a company is going to some another country then the going company will have to take care about the culture etc of the host country and will have to forget about our culture like McDonalds when entered India they sold product aloo tikki burger in spite of their beef burger. In international marketing scenarios, we are talking about working in different cultural environments and hence a self referenced behaviour may not be the correct behaviour from the perspective target culture. Hence, realization of this difference of culture and the possibility of self reference criterion is important in internationa l marketing. This is not such a big issue in domestic marketing since the cultural difference is not major. Animals provide a good illustration of the impact of the SRC on the thinking process. Americans and Europeans commonly treat dogs as family members, addressing the animals affectionately and even letting dogs sleep on family members beds. However in Arab, view dogs as filthy animals. Some in the Far East go so far as to cook and eat dogs. A consumption habit viewed as revolting and compared to cannibalism by Americans. Hindus, in contrast, revere cows and do not understand how Americans can eat beef, especially in large quantity. In order to investigate a phenomenon in another country, a researcher or marketing manager must attempt to eliminate the SRC effect. The marketing challenge is to create a product that fits the needs of a particular culture. The presence of the SRC, if not controlled, can invalidate the result of a research study. Lee suggests a multi step approach to remove the undue influence of the SRC. First the problem should be defined in terms of the culture of the researchers home country. Second, the same problem is defined again, except that it is defined in terms of the cultural norms of the host country. Third, a comparison is made of the two cultural composites. Any difference noted between the composites indicates an existence of the SRC, necessitating another look at the problem with SRC removed. To illustrate the impact of the SRC, consider misunderstanding that can occur about personal space between people of different cultures. In the west, unrelated individuals keep a certain physical distance between themselves and other when talking to each other or in groups. We do not consciously think about that distance; we just know what feels right without thinking. When someone is too close or too far away, we feel uncomfortable and either move further away or get closer to correct the distance, we are relying on our SRC. In some cultures, the acceptable distance between individuals is substantially less than that comfortable to westerners. When they, unaware of another cultures acceptable distance, are approached too closely by someone from another culture, the unconsciously confusion results for the parties. Westerners assume foreigners are pushy, while foreigners assume westerners are unfriendly and stand-offish. Both react to the values of their own SRCs, making them all vict ims of a cultural misunderstanding. http://www.citeman.com/7414-the-self-reference-criterion-and-ethnocentrism-major-obstacles/ Ethnocentrism and the SRC can influence an evaluation of the appropriateness of a domestically designed marketing mix for a foreign market. If US marketers are not aware, they might evaluate a marketing mix based on US experiences (i.e. their SRC) without fully appreciating the cultural differences that require adaptation. Esso, the brand name of a gasoline, was a successful name in the United States and would seem harmless enough for foreign countries; however in Japan the name phonetically means stalled car an undesirable image for gasoline. Another example is Pet in pet Milk. The name has been used for decades, yet in France the word pet means, among other things, flatulence again, not the desired image for canned milk. Both of these examples were real mistakes made by major companies stemming from reliance on their SRC in making a decision. In US culture, a persons SRC would not reveal a problem with either Esso or pet, but in international marketing, relying on ones SRC could pr oduce an inadequately adapted marketing program that ends in failure. Question B To enter a foreign market, a manufacturer has a number of strategic options. Many companies employ multiple strategies. Polycentricity is a strong orientation to the host country. The attitude places emphasis on differences between markets that are caused by variations within, such as in income, culture, laws and politics. The assumption is that each market is unique and consequently difficult for outsiders to understand. Thus, managers from the host country should be employed and allowed to have a great deal of discretion in market decisions. A significant degree of decentralization is thus common across the overseas divisions. On the other hand egocentricity is a compromise between the two extremes of ethonocentricity and policentricity. It could be argued that this attitude is the most important of the three. Egocentricity is an orientation that considers the whole world rather than any particular country as the target market. A geocentric company might be thought of as denational ized or supranational. As such international or foreign departments or markets do not exist because the company does not designate anything international or foreign about market. There is a high likelihood that a geocentric company does not identify itself with a particular country. Therefore, it is often difficult to determine the firms home country except through the location of its headquarters and its corporate registration. A subculture is a distinct and identifiable cultural group that has values in common with the overall society but also has certain characteristics that are unique to itself. Subcultures are groups of people within a larger society. Although the various subcultures share some basic traits of the wider culture, they also preserve their own customs and lifestyles, making them significantly different from other groups within the larger culture of which they are a part. Indonesia, for example, has more than 300 ethnic groups, with lifestyles and cultures that seem thousands of years apart. There are many different ways to classify subcultures. Although race or ethnic origin is one obvious way, it is not the only one. Other demographic and social variables can be just as suitable for establishing subcultures within a nation. The degree of intra country homogeneity varies from one country to another. In the case of Japan, the society as a whole is remarkably homogeneous. Although some regional and racial diversities as well as differences among income classes are to be found, the differentials are not pronounced. There are several reasons why Japan is a relatively homogeneous country. It is a small country in terms of area, making its population geographically concentrated. National pride and management philosophy also help to forge a high degree of unity. As a result, people work together harmoniously to achieve the some common goals. One study of the relationship between ethnicity and lifestyles found significant differences among English, French, Italian, and Greek Canadians even when socio demographic variables were controlled. Greek Canadians, for example, are more brands loyal but dislike credit. Each ethnic group, due to size, may require a differentiated marketing strategy. Ethnically speaking, two prominent subcultures emerge: English speaking and French speaking. Studies have repeatedly shown that the French speaking and English speaking households differ from each other significantly in term of demographics, subculture, and consumption habits. French Canadians consumer behaviour is a cross between that of North Americans and that of the continental French, being both similar to and different from those of these two groups. Compare to the French, Quebecers are more direct, less dramatic and less formal. Compare to other English Canadians, Quebecers move far less often and thus have far less need to make long distance phone calls to relatives and friends. Subculture may provide an effective basis for market segmentation. In the case of the United States, African Americans, Hispanic Americans and Asian Americans spend around $750 billion annually and deserve marketing attention. American firms attempt to attract various sub cultural groups in many different ways. Carnival Cruise Lines has an entire cruise ship (Fiesta Marina) just for the Hispanic market. McDonalds has created a Mac Report series of Spanish infomercials. J C Penney has outfitted 170 stores to carry merchandise for Hispanic and African American consumers. ATT, MCI, and Sprint have advertised their long distance phone services in a variety of Asian dialects. One marketer offered native language coupons giving $24 discounts with each purchase to Chinese Americans. Unfortunately, 2 and 4 in some Chinese communities are close to the words easy and death respectively. Naturally, many customers do not want easy death. In another case, green baseball caps were offered as premi ums during a Chinese New Year celebration. Among older generations, a man wearing a green cap wants to bring public scorn on his wife by telling the public that his is cheating on him. Culture prescribes acceptable beliefs, traditions, customs and values that are then socially shared. Culture is subjective, enduring yet dynamic and cumulative. It affects peoples behaviour in diverse ways through logic, communication and consumptions. Although some cultural traits are universal, many others are unique and vary from country to country. And in spite of national norm, cultural differences as a rule even exist within each country. While there may be a tendency to misunderstand different cultures and subcultures, this temptation should be resisted. Being the force that it is, the culture of one country should not be judged as superior to the culture of another country. Each culture has its own particular values and social practices, and the international marketer will be much further ahead if he or she tries to walk in the other persons shoes in order to understand more clearly that persons concerns and ideas. It is also more important to know what a person thinks than w hat that persons language is. Because of the great differences in language and culture around the world, any firms need to adjust their approach to solving marketing problems in different countries. In a foreign cultural environment, the marketing plan that has worked well at home may no longer be effective. As a result, the firms marketing mix may have to undergo significant adaption and adjustment. However, effective marketing in this environment will thus mandate that the company be culturally responsive. BIBLIOGRAPHY 1. International marketing, Analysis and Strategy, Third edition by Sak Onkvisit John J Shaw chapter 1, 6, 9 2. International marketing, European edition by Cateora and Ghauri chapter 1, 6 3. Marketing across cultures, 4th edition by J C Usunier and J A Less Part 1 (1,23), Part 2 (4, 7)

The Gentle Art of Web Pages Essay -- Web Internet Design Essays Papers

The Gentle Art of Web Pages For the last millennium, adventurous souls have been accessing new and unfamiliar frontiers in search of adventure and a taste of the exotic. The last decade ushered in with it an appeal to the more intrepid members of this small group of people: The Internet. Access to this particular medium has hit an all-time high in the 1990's, and every tekkie has his own celebration of self occupying space on it. However, not all of the sites on the Internet are shameless celebrations of self. Some of these pages can be found to have their roots in the archaic designs of the past; some are the logical progression for a technological innovation such as the internet. One of these progressions, cyberpunk, the 90's answer to the technological underdog, has made its presence known on the Internet; science fiction pages also abound. These sites have brought with them some of the most innovative and artistic features of hypertext mark-up language (HTML) ever conceived. One site in particular, the Sci-Fi Channel homepage, Sci-Fi Channel: The Dominion , has properties unlike any other seen on the Internet. Sci-Fi Channel: The Dominion is the shining example of a good web site because it contains the characteristics of a flawless page: the information is concise and well-organized, the graphics displayed are both aesthetically pleasing and practical, it contains features that are not seen anywhere else, and it is easy to use and understand. The creators of the Sci-Fi channel felt it their professional obligation to carve out their own section of cyberspace; hence the existence of the page at "http://www.s... ...enced web surfers and internet neophytes will find this page easy to use and understand. The first hurdle overcome by the designers (which is getting users to find and understand the site), the visitor can now concentrate on delving deeper into the site. Sci-Fi Channel: The Dominion is one of the most innovative web sites on the Internet at this time. It's use of aesthetically pleasing and practical graphics, of HTML features not seen anywhere else, and of information which is concise and well-organized, as well as the fact that it is easy to use and understand make this the template from which all other homepages should be made. What's more, the fact that it is a commercial site makes it more credible than a one made by a fan of the channel. As a result, the Internet would be easier to utilize and more accessible, catapulting society into the 21st generation.

Infant Motor Developm

Infant Motor DevelopmentI.   First MonthA.  Ã‚  Ã‚   can already raise its head for a momentB.  Ã‚  Ã‚  Ã‚   twists its head from side to side when lying on rearC.  Ã‚  Ã‚  Ã‚   hands remain grittedD.  Ã‚  Ã‚   has already a sturdy clutch reflexE.  Ã‚  Ã‚  Ã‚   stares and goes after object moving ahead of him/her (range of 45 degrees)F.  Ã‚  Ã‚  Ã‚  Ã‚   performs husky soundsG.  Ã‚  Ã‚   gazes closely at parents when they speak to him/herII.  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Second MonthA.  Ã‚  Ã‚   raises its head about 45 degrees when resting on stomachB.  Ã‚  Ã‚  Ã‚   head nods forward when grasp in sitting positionC.  Ã‚  Ã‚  Ã‚   clutch reflex declinesD.  Ã‚  Ã‚   goes after hanging objects with eyesE.  Ã‚  Ã‚  Ã‚   makes smilesIII.  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Third MonthA.  Ã‚  Ã‚   begins to stand partial load on both legs when clutched in a standing positionB.  Ã‚  Ã‚  Ã‚   able to grasp head up when sitting but still nods frontwardC.  Ã‚  Ã‚  Ã‚   can lift head and shoulders when resting on stomach (amid 45 and 90 degrees)D.  Ã‚  Ã‚   stands load on forearmsE.  Ã‚  Ã‚  Ã‚   grasps objects but does not get in touch with themF.  Ã‚  Ã‚  Ã‚  Ã‚   grasps own hands and drags at bedspreads and clothesG.  Ã‚  Ã‚   goes after object (180 degrees)H.  Ã‚  Ã‚   makes more soundsI.  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   smiles when sees recognizable features.IV. Fourth MonthA.  Ã‚  Ã‚   has already a fine head controlB.  Ã‚  Ã‚  Ã‚   sits with helpC.  Ã‚  Ã‚  Ã‚   stands some load on legs when clutched erectD.  Ã‚  Ã‚   lifts head and chest off plane (90 degree angle)E.  Ã‚  Ã‚  Ã‚   turns from back to sideF.  Ã‚  Ã‚  Ã‚  Ã‚   discovers and plays with handsG.  Ã‚  Ã‚   attempts to get in touch with but missesH.  Ã‚  Ã‚   clutches objects with two handsV.   Fifth MonthA.    sign of teething startsB.    grasps head up when sittingC.    turns from abdomen to rearD.    p laces feet to mouth when resting on rearE.      freely holds objects and gets objects openly to mouthVI. Sixth MonthA.  Ã‚  Ã‚   starts to masticate and nibbleB.  Ã‚  Ã‚  Ã‚   raises head when dragged to a sitting positionC.  Ã‚  Ã‚  Ã‚   turns form rear to abdomenD.  Ã‚  Ã‚   holds and manages small objectsE.  Ã‚  Ã‚  Ã‚   clutches bottleF.  Ã‚  Ã‚  Ã‚  Ã‚   seizes feet and drags to mouthG.  Ã‚  Ã‚   bends body to make out an objectH.  Ã‚  Ã‚   twists head from side to side and then stares up or downVII. Seventh MonthA.   learns to sit without help (may bend forwards on two hands)B.   stands full load on feetC.   springs when grasped in standing positionD.    shifts objects from one hand to anotherE.    hits objects on planesF.      and able to grip on small objectsVIII.      Eight MonthA.    sits fine without helpB.      stands load on legs and may rest holding on to fixturesC.      lifts out up objects by index, fourth, and fifth fi nger alongside thumbD.  Ã‚  Ã‚   able to discharge objectsE.      drags cords to get objectsF.       seeks for objects that are farIX.    Ninth MonthA.  Ã‚  Ã‚   starts swarmingB.  Ã‚  Ã‚  Ã‚   drags up to standing position from sittingC.      sits for extended time (at most 10 minutes)D.    employs thumb and index finger to lift up objectsE.      places arms ahead of face to shun having it washedX.    Tenth MonthA.    goes from abdomen to sitting positionB.    sits by rundownC.   recuperates balance effortlessly while sittingD.    raises one foot to make a step while standingE.      wields byeF.      recurs actions that draw attentionXI.    Eleventh MonthA.  Ã‚  Ã‚   learns to stroll gripping on to fixtures or other objectsB.  Ã‚  Ã‚  Ã‚   puts one object following another into a potC.  Ã‚  Ã‚  Ã‚   returns back to lift up an object while sittingD.  Ã‚  Ã‚   able to control objects out of stretched fitting placesE.  Ã‚  Ã‚  Ã‚   turns a ball when requested, and quakes head for rebuffXII.   Twelfth MonthA.  Ã‚  Ã‚   strolls with one hand graspB.  Ã‚  Ã‚  Ã‚   bears and tries first steps unaidedC.  Ã‚  Ã‚  Ã‚   rests from standing position aloneD.  Ã‚  Ã‚   tries to construct two chunk towers but may fall shortE.  Ã‚  Ã‚  Ã‚   goes after fast moving objectsF.  Ã‚  Ã‚  Ã‚  Ã‚   grips to parents in odd circumstancesG.  Ã‚  Ã‚   seeks object where it was previously seenReferences:Piek, J. P. (2006). Infant Motor Development. Human Kinetics Publishers.Gallahue, D. L. (2006). Understanding Motor Development: Infants, Children, Adolescents,  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Adults. McGraw-Hill Companies.