Tuesday, August 6, 2019
E-Library System Essay Example for Free
E-Library System Essay This chapter presents the software development methodology used by the researchers in the design and development of the proposed Online Library system of UCNHS, the scope and delimitation, the date gathering techniques, and the sources of data. Software Development Methodology The Modified Waterfall Model in software engineering came into existence because of the defects of the traditional Waterfall Model. The phases of the Modified Waterfall Model are similar to the traditional Model. The main change is that phases in the Modified Waterfall Model life Cycle are permitted to overlap. A lot of flexibility has been introduced in the Modified Waterfall Model in software engineering due to overlapping phases. At the same time, a number of tasks can function, concurrently, which ensures that the defects in the software are removed in the development stage itself and the over head cost of making changes to the software before implementation is saved. The Modified Waterfall Model is more relaxed approach to formal procedures, documents and reviews. It also reduces the huge bundle of documents. Due to the development team, the devote to work on the code has more time and does not have to bother about the procedures. The researchers used Modified Waterfall Model because documentation is produced at every stage of the software development. This makes understanding the product designing procedure, simpler and will closely work with the school and users to understand their needs. The figure below describes the structure and activities in the Modified Waterfall Model (Bhakti Satalkar, 2010). Requirement gathering and analysis System Design. Implementation Testing Maintenance Figure 2. Modified waterfall Model Requirement gathering and analysis. All possible requirements of the system to be developed are captured in this phase. Requirements are a set of functions and constraints that the end user (who will be using the system) expects from the system. The requirements are gathered from the end user at the start of the software development phase. These requirements are analyzed for their validity, and the possibility of incorporating the requirements in the system to be developed is also studied. Finally, a requirement specification document is created which serves the purpose of guideline for the next phase of the model. In this phase, the researchers gathered data that might be used in the proposed system and also through an interview with the library staff, performed observation to the transaction and conducted survey with students of Urdaneta City National High School. System Design. Before starting the actual coding phase, it is highly important to understand the requirements of the end user and also have an idea of how should the end product looks like. The requirement specifications from the first phase are studied in this phase and a system design is prepared. System design helps in specifying hardware and system requirements and also helps in defining the overall system architecture. The system design specifications serve as an input for the next phase of the model. In this phase, the researchers will use USE CASE, DFD, ERD to evaluate and design the system in accordance to the requirements needed. Implementation. On receiving system design documents, the work is divided in modules/units and actual coding is started. The system is first developed in small programs called units, which are integrated in the next phase. Each unit is developed and tested for its functionality; this is referred to as unit testing. Unit testing mainly verifies if the modules/units meet their specifications. The researchers will use visual basic 2010 as programming language to create and develop the system. Likewise, MS SQL as database is used as the back end to store, maintain and manage the database integrated to the system. Upon implementation, several testing will also be done to ensure that each module is working properly. Testing. As specified above, the system is first divided in units which are developed and tested for their functionalities. These units are integrated into a complete system during Integration phase and tested to check if all modules/units coordinate between each other and the system as a whole behaves as per the specifications. After successfully testing the software, it is delivered to the customer. In this phase, the researchers will test the system to ensure that the developed system functions are according to its requirements and to avoid errors. Maintenance. Inevitably the system will need maintenance. Software will definitely undergo change once it is delivered to the school library. There are many reasons for the change. Change could happen because of some unexpected input values into the system and it could directly affect the software operation. The software should be developed to accommodate changes that could happen during post implementation period. In case there are changes necessary it has to be fixed to make the system usable or to make it comply with the library staff wishes. In this phase, the researcher will instruct the librarian on how to operate and maintain the system. Meanwhile other features that will be implementing in this phase are beyond the limitation of the researchers. Scope and Delimitations This project covers the development of Digital Library System of Urdaneta City National High School. Specifically, it will cater all the processes done in inventory, borrowing, returning, and reservation of books. The Digital Library System of Urdaneta City National High School can access by the admin which is the Librarian, students in UCNHS, teachers of UCNHS and guest which is the alumni and students from different schools. Guest can only inquire for books availability and reserve it personally. However, the proposed system limits on the contents of book that can be viewed digitally, only the title page, table of contents and its overview are applied. Only the students and teachers are allowed to reserve and borrow book through online. The guest is not allowed to reserve books through online. Teachers and students referral is not included in the system. Data Gathering Techniques The researchers gathered information of the system through structured interview, questionnaire and document analysis to the UCNHS library staff and students. The use of references allowed additional information about software and system Requirements as well as how some organizations use the Internet in making achieves for records that later becomes a collective library on the internet. Structured Interview. Means of collecting data for a statistical survey. In this case, the data is collected by an interviewer rather than through a self-administered questionnaire. Interviewers read the questions exactly as they appear on the survey questionnaire. The choice of answers to the questions is often fixed (close-ended) in advance, though open-ended questions can also be included within a structured interview. In a series of interviews, researchers knew exactly what information are needed and prepared a list of pre-determined question that will be asking to the respondents. The researchers gather some viewpoints of the people around the system that could make more efficient particularly to library and employees. Document Analysis. Technique used to gather requirements during the requirements elicitation phase of a project. It describes the act of reviewing the existing documentation of comparable business processes or systems in order to extract pieces of information that are relevant to the current project, and therefore should be consider projects requirements. In support to the structured interview, the researchers gathered and examined thoroughly the existing documents like catalogue, logbook, and book card. Questionnaire. Research instrument consisting of a series of questions and other prompts for the purpose of gathering information from respondents. Although they are often designed for statistical analysis of the responses, this is not always the case. Questionnaires will be distributed to the students as input to the design of the proposed system. Likewise, with their feedbacks, features can be determined. Sources of data The Librarian, Library staff and students were interviewed as primary respondents. Also books and thesis manuscript were used to determine other requirements of the propose system. The researchers used websites, online libraries and other similar studies as references in this study. In addition to this, the researchers will distribute questionnaires to the Urdaneta National High School students to get information that will help in the progress of the development of the project study. Table 1: List of Respondents RESPONDENTS| NUMBER OF RESPONDENT| Librarian| 1| Library Staff| 2| Students| 100| Teachers| 50| Total| 153|.
Monday, August 5, 2019
Impact Of Foreign Direct Investment
Impact Of Foreign Direct Investment The word investment can be defined in many ways according to different theories and principles. It is a term that can be used in a number of contexts. However, the different meanings of investment are more alike than dissimilar. Generally, investment is the application of money for earning more money. Investment also means savings or savings made through delayed consumption. According to economics, investment is the utilization of resources in order to increase income or production output in the future. An amount deposited into a bank or machinery that is purchased in anticipation of earning income in the long run is both examples investments. According to economists, investment refers to any physical or tangible asset, for example, a building or machinery and equipment. On the other hand, finance professionals define an investment as money utilized for buying financial assets, for example stocks, bonds, gold, real properties, and precious items. In general term, Investment means the purchase of goods which are invest and not used today, which will give benefit in future. The money you earn is partly spent and rest saved for future expenses. Instead of keeping savings ideal this money is invested to earn additional income this is called investment. When an asset is bought or a given amount of money is invested in the bank, there is anticipation that some return will be received from the investment in the future. (Meaning Of Investment, 2009 ). Investment by domestic residents (individuals, companies, financial institutions and governments) in the acquisition of overseas financial securities and physical assets. Overseas investment in financial assets, in particular by institutional investors, is undertaken primarily to diversify risk and to obtain higher returns than would be achievable on comparable domestic investment. Physical foreign direct investment(FDI) in new manufacturing plants and sales subsidiaries, or the acquisition of established businesses, prov ide the multinational company with a more flexible approach to supplying foreign markets. Interest, profits and dividends gained on these foreign investments count as invisible earnings in the balance of payments, though some of this income may be reinvested overseas rather than repatriated. (Christopher Pass, 1995). The income tax treatment of foreign investment income is frequently governed by Tax Treaties between the country of the investment owner and the state where the investment is situated. (Friedman, 2007 ).Foreign Direct Investment (FDI) An investment abroad, usually where the company is being invested in is controlled by the foreign corporation. A company from one country making a physical investment into building a factory in another country. The direct investment in buildings, machinery and equipment is in contrast with making a portfolio investment, which is considered an indirect investment. (Spaulding, 2004).Foreign direct investment (FDI) is a major driver of globalization. As investment patterns of multinational enterprises become more and more complex, reliable and internationally comparable, FDI statistics are necessary for sound policy decision making. The OECD Benchmark Definition of Foreign Direct Investment sets the world standard for FDI statistics. It provides a single point of reference for statisticians and users on all aspect of FDI statistics, while remaining compatible with other internationally accepted statistical standards. (OECD, 2008) . In the past decade, FDI has come to play a major role in the internationalization of business. Reacting to changes in technology, growing liberalization of the national regulatory framework governing investment in enterprises, and changes in capital markets profound changes have occurred in the size, scope and methods of FDI. New information technology systems, decline in global communication costs have made management of foreign investments far easier than in the past. (Spaulding, Foreign Direct Investment, 2005).In recent years, given rapid growth and change in global investment patterns, the definition has been broadened to include the acquisition of a lasting management interest in a company or enterprise outside the investing firms home country. As such, it may take many forms, such as a direct acquisition of a foreign firm, construction of a facility, or investment in a joint venture or strategic alliance with a local firm with attendant input of technology, licensing of intellectual property. (Graham, 2005). According to the benchmark definition of the OECD and World Investment Report 2009, a direct investment enterprise is an incorporated or unincorporated enterprise in which a single foreign investor either owns 10 percent or more of the ordinary shares or voting power of an enterprise (unless it can be proved that the 10 percent ownership does not allow the investor an effective voice in the management) or owns less than 10 percent the ordinary shares or voting power of an enterprise, yet still maintains an effective voice in management. An effectiv e voice in management only implies that direct investors are able to influence the management of an enterprise and does not imply that they have absolute control. The most important characteristics of FDI, which distinguishes it from portfolio investment, is that it is undertaken with the intention of exercising control over an enterprise. (GlobStat, 2009).Probably the most important role of FDI in a developing economy is the supply of capital, as capital deficiency is the fundamental problem in case of a developing economy. Capital formation depends on investment, which, however, implies sacrifice of consumption. (Zaidi, 2009). Developing countriesà [1]à , emerging economies and countries in transition have come increasingly to see FDI as a source of economic development and modernization, income growth and employment. Countries have liberalized their FDI regimes and pursued other policies to attract investment. They have addressed the issue of how best to pursue domestic polic ies to maximize the benefits of foreign presence in the domestic economy. The study Foreign Direct Investment for Development attempts primarily to shed light on the second issue, by focusing on the overall effect of FDI on macroeconomic growth and other welfare-enhancing processes, and on the channels through which these benefits take effect. (Andru Pascal, 2002). The most profound effect has been seen in developing countries, where yearly foreign direct investment flows have increased from an average of less than $10 billion in the 1970s to a yearly average of less than $20 billion in the 1980s, to explode in the 1990s from $26.7billion in 1990 to $179 billion in 1998 and $208 billion in 1999 and now comprise a large portion of global FDI.. Driven by mergers and acquisitions and internationalization of production in a range of industries, FDI into developed countries last year rose to $636 billion, from $481 billion in 1998 but in south Asian developing countries in which India $1 23 billion of FDI inward and Pakistan $31 billion of FDI inward in 2008. (UNCTAD, 2009) History: Early Investment There have been international organizations engaged in trading activities as far back in time as 2500BC, with banks and churches also having formed international organizations throughout history (Allen, 1984). The appearance of the modern MNE, incorporating control over foreign production units, did not occur until the Nineteenth Century (Wilkins, 1977), but early resemblances to the modern MNE appeared in the 1600s and 1700s, when large trading companies from the UK and the Netherlands entered parts of Asia, the Indies and Americaà [2]à . The two largest enterprises were the British East India Company and the Dutch East India Company (Nicholas, 1988). These dominated the well-paid markets of spices, cottons and silks, and are credited as being the true pioneers of international commercial activities. Investment also later took place in the UK and French colonial territories of Latin America, Asia, Africa and Australia, with most investments being supply oriented, in the form of resource exploitation (Medard Gabel, 2003)à [3]à . International companies also emerged with the aim of colonizing foreign lands. One of the first was the London-based, British Virginia Company, Whose strategy was to profit from the development and colonization of Virginia in the US. Similar projects across North America were undertaken by the Dutch, the French and the Swedes. (Wren, 2006). It is generally accepted that the true birth of the modern multinational arose in Europe in the Nineteenth Century (Wilkins, History of FDI , 2004)à [4]à . Examples are the Cocker ill steelworks of England that set up in Prussia; Bayers of Germany that set up chemical plants in the US; and Nobels of Sweden that set up dynamite production in Germany (Tugendhat, 1981). However, it was not until the latter part of the Nineteenth Century that larger-scale foreign direct investment started to emerge. A major motivation for the spread of these firms was the increase in the protectionist behavior of countries, which in turn was a by-product of increased nationalism. As customers mostly-preferred goods produced locally, as opposed to imported goods, firms had to set-up abroad (John Micklethwait, 2003 ). Other important reasons for the upsurge in FDI and the growth of MNEs was the search for larger markets, as enterprises began to grow in size, and improvements occurred in transportation and communication, most notably the railways and telegraphs (Wilkins, FDI , 1998). These advances not only made it easier for parent companies to control their subsidiaries but to control them over longer distances. Up until the end of the Nineteenth Century, European firms dominated the MNE scene, but US multinationals were beginning to increase, both in number and size. Examples of US multinationals at this time include singers, which set up sewing-machine plants in Scotland, and the electrical-manufacturers Thomson-Houston, which set up in England (Attack, 1994). The increase in FDI at the turn of the Twentieth Century was halted in the inter-war period both by the destruction caused by the First World War and the threat of another war leading to discrimination against foreigners by the occupants of many countries. The First World War also resulted in European multinationals being forced to sell their pre-war investments, with political upheaval and border changes also impacting on cross-border activities (Dunning, 1983). Other factors leading to a worldwide fall in investment included the Great Depression of late 1920s and early 1930s and the substantial rise in inflation in Europe (Jones, 1995 ). By the time of the Second World War, the main stock of FDI was still held by the UK 40 per cent, while the US held 28 per cent (Jones Eric Lionel, 2000). However, after the Second World War a new wave of FDI began to emerge, arising mainly from the US. The factors behind this improvement in technology and Communication systems, greater economic and political stability, the formation of trading blocks and a more liberalized attitude from host governments (Hood, 1999). In the years after the Second World War global FDI was dominated by the United States, as much of the world recovered from the destruction brought by the conflict. The US accounted for around three-quarters of new FDI (including reinvested profits) between 1945 and 1960. Since that time FDI has sprea d to become a truly global phenomenon, no longer the exclusive preserve of Organization for Economic Corporation and Development (OECD) countries. FDI has grown in importance in the global economy with FDI stocks now constituting over 20 percent of global GDP. Pakistan History Soon after independence in 1947, Pakistan moved from a parliamentary system to a presidential one and then finally reverted to the original parliamentary system. Pakistan has a checkered history of trade liberalization and FDI promotion. Following some trade liberalization attempts in the 1960s, Pakistan qualified for Article VIII status at the IMF in 1970. Even by the mid-1980s there was still a long way to go in lifting quantitative restrictions QRs and reducing tariffs. From the mid-1980s, controls on foreign investment in manufacturing have diminished sharply, those for the service sector less so (Athukoralge, 2007) In spite of various bureaucratic controls, the government attitude throughout the 1950s and 1960s was favorable to private investment, the FDI regime was more liberal, although there was greater emphasis on joint ventures with minority foreign ownership and technology licensing than on FDI in fully foreign owned ventures. However, supremacy of the state and socialist ideology under a socialist government dominated policy in the 1970s. As a result, a large-scale program of nationalization of key industrial units and wide-spread control of domestic and foreign trade were instituted. The dismal economic outcome of the interventionist policies eventually paved the way for market-oriented reform. Reforms started slowly in the early 1980s as part of a widespread reform package in conformity with the World Bank conditionality. Removal of restrictions on foreign investment was a major element of the reform program. Full foreign ownership of firms, with full freedom for remittance of profit a nd investment proceeds, is now allowed in almost all sectors of the economy (Athukoralge, FDI History of Pakistan, 2007). Independence in 1971, the Bangladesh government adopted a state-led import-substitution development strategy, which was far more interventionist than that of the united Pakistan. The new government nationalized a larger number of industrial enterprises owned by Pakistani entrepreneurs as well as all industrial enterprises with fixed assets exceeding a certain threshold level. The scope of the private sector was limited to small and cottage industry, and foreign investment was allowed only in collaboration with the public sector with minority equity participation. However, existing foreign investments (excluding those belonging to Pakistan) were spared from the sweeping nationalization drive. The socialist-oriented industrial policy of 1973 assigned a very minor role for the private sector, with some investment ceiling on new investment (Athukoralge, History of Pakistan , 2007). Foreign Direct Investment (FDI) has been a small but growing part of total investment in Pakistan. Data indicates that FDI in Pakistan has grown from $8 million US dollars in 1976 to $346 million dollars in 1993. During the same period, total gross fixed capital formation grew from $2.4 to $9.2 Billion dollars (international Monetary Fund). Nevertheless, excluding the non-capital part, FDI is even a smaller part of total capital formation in Pakistan than these figures reflect (Kaynak, 1999). General Musharraf vowed to make all out efforts to improve the deteriorating economic conditions in order to eradicate poverty and hunger in the country. The bank defined essential problem areas where urgent action is needed as: (1) Build investor confidence; (2) Structural change in fiscal policy; (3) Reduction in budget deficit to more sustainable level; (4) Address the national debt servicing issue; (5) Improve exports; (6) Population control; and (7) Improve human capital. Meanwhile, there is a very low flow of Foreign Direct Investment (FDI) into the country. The FDI peaked in 1996 to $992 Million and declined to $370 Million in 1999. Another report says that FDI amounted to around $600 Million in 1999; the figure is based on the difference between the amount of FDI stocks in 1998($9.2Billion) and 1999 ($9.8 Billion). However, this constituted 0.21 percent of FDI global flows ($4.7 Trillion). FDI stocks in Pakistan in 1999 represented 4.4 percent of its GDP (Mahmood, FDI History of Pakistan , 2001). Increased Foreign Direct Investment (FDI) increased to $3.5 Billion in the last financial year, according to GOP sources. The United Nations World Investment Report 2006 stated that Pakistan saw a 95% growth in FDI inflows in 2005 to reach $2.183 Billion (Mahmood, 2007). Impact of Foreign Direct Investment Attracting foreign direct investment (FDI) has become a key part of national development strategies for many countries. They see such investments as bolstering domestic capital, productivity, and employment, all of which are crucial to jump-starting economic growth. While many highlight FDIs positive effects, others blame FDI for crowding out domestic investment and lowering certain regulatory standards. The effects of FDI can sometimes barely be perceived, while other times they can be absolutely transformative. While FDIs impact depends on many conditions, well-developed and implemented policies can help maximize its gains. The resources in this list focus on the impact of FDI on: Economic growth: Foreign capital stocks combined with the widespread belief that FDI is beneficial for growth triggered a large body of literature on the determinants of FDI in the Central and Eastern European transition countries. The primary goal was to locate all relevant economic and political factors which could be beneficial for FDI inflows and, by extension, for economic growth(Neuhaus, 2005). Trade: The direct impact falls into two parts, namely an immediate effect emanating from the actual investment and the effects on the import pattern of the targeted enterprises. The former channel is generally limited to the imports of initial inputs of imported machinery and equipment (especially in Greenfield investment), or, where FDI is large compared with the size of the host economy, it may include the knock-on effect on aggregate imports from rising total domestic demand. The second channel, which essentially depends on the investors choice between imported and local inputs, has been studied extensively(OECD, Direct Impact of FDI on Imports, 2002). Employment and skill levels: In response to the AFL-CIOs (American Federation of Labor and Congress of Industrial Organizations) earlier claim that job losses result from the impact of runaway firms setting up labor- intensive operations in offshore locations, the US tariff commission analyzed then- new data on the foreign operations of US firms. It found that employment gains generated from associated exports of equipment and parts, etc. and expansion of supporting non-production jobs would be large enough to offset possible job losses arising from production displacement effects(Neil Hood, 1979). In response to the latest concerns of the US labor unions, 23 studies have investigated the impact of FDI on employment. All except one have concluded that it has a positive effect resulting in the net increase of jobs(Lee, 2002). Technology diffusion and knowledge transfer: Are of great importance for economic development, as the adoption of new techniques, machines, and production processes is a key determinant of productivity growth. Given that most research and development (RD) and innovation is undertaken in high income countries, most developing economies must rely largely on imported technologies as sources of new productive knowledge. This is not to say that no RD is undertaken in developing countries; a considerable amount of follow-on innovation and adaptation does occur there, contributing to the global stock of knowledge(Smarzynska Javorcik, 2006). Linkages and spillover to domestic firms: FDI spillovers: An increase in the productivity of domestic firms as a consequence of the presence of foreign firms in the domestic economy. FDI spillovers via horizontal linkages: An increase in the productivity of domestic firms resulting from the presence of foreign firms in the same industry. FDI spillovers via forward linkages: An increase in productivity resulting from the foreign presence among the supplies of the industry in which the domestic firm operates. FDI spillovers via backward linkages: An increase in productivity resulting from the foreign presence among the customers of the industry in which the domestic firm operates. These spillovers may take place among domestic firms but are more likely to occur with foreign affiliated firms given their linkages with large foreign parent companies. In the case of horizontal spillovers, there are not such incentives and firms would rather protect their intellectual assets rather than risk technology leakage to competitors (OECD, FDI spillover, 2008). Types of Foreign Direct Investment By Direction Inward FDI: Inward foreign direct investment is when foreign capital is invested in local resources. Inward FDI is encouraged by: Tax breaks, subsidies, low interest loans, grants, lifting of certain restrictions The thought is that the long term gain is worth short term loss of income Inward FDI is restricted by: Ownership restraints or limits Different performance requirements Outward FDI: Outward foreign direct investment, sometimes called direct investment abroad is when local capital is invested in foreign resources. Outward FDI is encouraged by Government-backed insurance to cover risk Outward FDI is restricted by Tax incentives or disincentives on firms that invest outside of the home country or on repatriated profits Subsidies for local businesses Leftist government policies that support the nationalization of industries (or at least a modicum of government control) Self-interested lobby groups and societal sectors who are supported by inward FDI or state investment, for example labor markets and agriculture. Security industries are often kept safe from outwards FDI to ensure the localized state control of the military industrial complex. By Target Greenfield Investment: Direct investment in new facilities or the expansion of existing facilities. Greenfield investments are the primary target of a host nations promotional efforts because they create new production capacity and jobs, transfer technology and know-how, and can lead to linkages to the global marketplace. The Organization for International Investment cites the benefits of Greenfield investment (or in sourcing) for regional and national economies to include increased employment (often at higher wages than domestic firms); investments in research and development; and additional capital investments. Criticism of the efficiencies obtained from Greenfield investments includes the loss of market share for competing domestic firms. Another criticism of Greenfield investment is that profits are perceived to bypass local economies, and instead flow back entirely to the multinationals home economy. Critics contrast this to local industries whose profits are seen to flow back e ntirely into the domestic economy (Easson, 2004). Mergers and Acquisitions: Transfers of existing assets from local firms to foreign firms takes place; the primary type of FDI. Cross-border mergers occur when the assets and operation of firms from different countries are combined to establish a new legal entity. Cross-border acquisitions occur when the control of assets and operations is transferred from a local to a foreign company, with the local company becoming an affiliate of the foreign company. Unlike Greenfield investment, acquisitions provide no long term benefits to the local economy even in most deals the owners of the local firm are paid in stock from the acquiring firm, meaning that the money from the sale could never reach the local economy. Nevertheless, mergers and acquisitions are a significant form acquiring firm, meaning that the money from the sale could never reach the local economy. Nevertheless, mergers and acquisitions are a significant form of FDI and until around 1997, accounted for nearly 90% of the FDI fl ow into the United States. Mergers are the most common way for multinationals to do FDI (Jonathan Jones, 2006). Horizontal FDI: It refers to FDI in the same industry in which the organization in the home nation. Vertical FDI: It refers to the FDI by an organization in order to sell the outputs of domestic firms to the investment which provides inputs to the domestic organization (Misra, 2009). Backward Vertical FDI: Where an industry abroad provides inputs for a firms domestic production process. Forward Vertical FDI: Where an industry abroad sells the outputs of a firms domestic production. By Motive: FDI can also be categorized based on the motive behind the investment from the perspective of the following firm: Resource-Seeking FDI Investments which seek to acquire factors of production those are more efficient than those obtainable in the home economy of the firm. In some cases, these resources may not be available in the home economy at all (e.g. cheap labor and natural resources). This typifies FDI into developing countries, for example seeking natural resources in the Middle East and Africa, or cheap labor in Southeast Asia and Eastern Europe (Cohen, 2007). 1.3.3.2 Market-Seeking FDI Investments which aim at either penetrating new markets or maintaining existing ones. FDI of this kind may also be employed as defensive strategy; it is argued that businesses are more likely to be pushed towards this type of investment out of fear of losing a market rather than discovering a new one .This type of FDI can be characterized by the foreign Mergers and Acquisitions in the 1980s by Accounting, Advertising and Law firms (Cohen, Market-Seeking FDI , 2007). 1.3.3.3 Efficient-Seeking FDI Investments which firms hope will increase their efficiency by exploiting the benefits of economies of scale and scope and also those of common ownership. It is suggested that this type of FDI comes after either resource or market seeking investments have been realized, with the expectation that it further increases the profitability of the firm. Typically, this type of FDI is mostly widely practiced between developed economies; especially those within closely integrated markets (Cohen, Efficiency-Seeking FDI, 2007). 1.3.3.4 Strategic-Asset-Seeking FDI A tactical investment to prevent the loss of resource to a competitor. Easily compared to that of the oil producers, whom may not need the oil at present, but look to prevent their competitors from having it (OECD, Strategic-Asset-Seeking FDI , 2002). 1.3.3.5 Political Oppositions to FDI In the late 1960s and early 1970s foreign direct investment became increasingly politicized. Organized labor, convinced that foreign investment exported jobs, undertook a major campaign to reform the tax provisions which affected foreign direct investment. The Foreign Trade and Investment Act of 1973 (or the Burke-Hartke Bill) would have eliminated both the tax credit and tax deferral. The Nixon Administration, influential members of Congress of both parties, and well-financed lobbying organizations came to the defense of the multinational. The massive counterattack of the multinational corporations and their allies defeated this first major challenge to their interests (Finance, 2006). 1.3.3.6 Private Foreign Investment Few areas in the economics of development arouse so much controversy and are subject to such varying interpretations as the issue of the benefits and costs of private foreign investment. If, however, we look closely at this controversy, we will find that the disagreement is not so much about the influence of MNCs on traditional economics aggregate such as GDP, investment, savings, and manufacturing growth rates (though these disagreements do indeed exist) as about the fundamental economic and social meaning of development as it relates to the diverse activities of MNCs. In other words, the controversy over the role and impact of foreign private investment often has as its basis a fundamental disagreement about the nature, style, and character of a desirable development process (Todaro, 1989). Components of FDI The components of FDI are equity capital, reinvested earnings and intra-company loans: Equity Capital Equity in unincorporated entities, non-cash acquisition against technology transfer, plant and machinery, goodwill, business development and similar considerations control premium and non-competition fee (Components of FDI, 2004).The foreign direct investors net purchase of the share and loans of an enterprise in a country other than its own. Reinvested Earnings The part of an affiliates earnings accruing to the foreign investors that is reinvested in that enterprise. Intra-company Loans (Other Capital) Short or long-term loans, trade credit, suppliers credit, financial-leasing, financial derivatives, debt securities from parent firms to affiliate enterprises or vice versa. In the case of banks, deposits, bills and short-term loans are not included. 1.5 Benefits of FDI: The economic benefits of FDI are real, but they do not accrue automatically. To develop the maximum benefits from foreign corporate presence a healthy enabling environment for business is paramount, which encourages domestic as well as foreign investment, provides incentives for innovation and improvements of skills and contributes to a competitive corporate climate. The net benefits from FDI do not accrue automatically, and their magnitude differs according to host country and context. The magnitude of the benefits from FDI depends on the efforts of host countries to put in place the appropriate frameworks but even less-well performing countries may benefit, inter alia by using FDI as a supplement to scarce financial resources. The factors that hold back the full benefits of FDI in some developing countries include the level of general education and health, the technological level of host country enterprises, insufficient openness to trade, weak competition and inadequate regulatory frameworks. Conversely, a level of technological, educational and infrastructure achievement in a developing country does, other things being equal, equip it better to benefit from a foreign presence in its markets (OECD, Benefits of FDI, 2002) The Perceived Benefits of FDI A Zero-Sum Game: As with international trade, it is argued that the free movement of investment capital increases the aggregate sum of global wealth. FDI is not a zero-sum game. If capital is allowed to flow where its owners consider it can be employed most efficiently, then the highest return on capital will be achieved. Restrictions upon FDI necessarily result in the inefficient utilization of capital. This does not, of course, mean that everyone necessarily benefits from FDI- simply that the total benefit should outweigh the total detriment. Nor, of course, does if assume that capital will always be used efficiently- though it is assumed that restrictions upon FDI flows will result in less efficient utilization than if those restrictions did not exist. If one accepts that FDI produces a net benefit in global terms, then everyone should be happy so long as that benefit is shared fairly among the host country, the home country, the firm that undertakes it, and those persons most clo sely affected by the activities of the firm- its shareholders, customers, suppliers and workers (Easson, Benefits of FDI, 2004). FDI from the perspective of home countries: FDI is gen
Sunday, August 4, 2019
Comparing the Powerful Women in Henrik Ibsens A Dolls House and Susan
Comparing the Powerful Women in Henrik Ibsen's A Doll's House and Susan Glaspell's Trifles à à à Throughout history, a woman's role is to be an obedient and respectful wife. Her main obligation is to support, serve, and live for her husband and children. In Henrik Ibsen's A Doll's House and Susan Glaspell's Trifles, two different women make a decision to take matters into their own hands by doing what they want to do, no matter what the outcome may be and in spite of what society thinks. These two women come from different homes and lead very different lives yet, these two women share similar situations--both are victims, both are seeking individuality, and initially, both women end up alone. There are many ways that Nora and Mrs. Wright differ. First of all, both come from completely different households. Nora's home is "tastefully [. . .] furnished" and always "pleasant"(917). She lives in a lavish home eating macaroons, drinking champagne, and hosting banquets. Nora often has guests at the house and there are even maids to watch her children. Her husband , Torvald, is often home and has guests over. On the other hand, Mrs. Wright's home is unpleasant, in an "abandoned farmhouse"(977) in a secluded area. Mrs. Wright seldom has company, nor does she have any children. She does not leave the house very often and her husband, Mr. Wright, wants no outside interference. Mr. Wright refuses to get a "party telephone"(978) because he enjoys his "peace and quiet"(978). It is obvious that these two women lead different lives with different types of people, yet they share similar situations that are not so obvious. First of all, both women are "victims" of their controlling husbands. Nora and Mrs. Wright are al... ...ome from different worlds, yet they still share the same type of sadness and pain in their everyday lives. What Nora does is considered courageous in that time in history, where women were not treated as equals and were always looked down on and ignored. Women speaking out and taking matters into their own hands was unheard of and often risky. They want to be independent so they do what they believe is necessary to accomplish and reach their goals, so that they can once again be happy for eternity. Works Cited Glaspell, Susan. Trifles. Literature and the Writing Process. Elizabeth Mahan, Susan X Day, and Robert Funk. 6th ed. Upper Saddle River, NJ: Prentice, 2002. 977-986 Ibsen, Henrik. A Doll's House. Literature and the Writing Process. Elizabeth Mahan, Susan X Day, and Robert Funk. 6th ed. Upper Saddle River, NJ: Prentice, 2002. 916-966.
Nazism :: essays research papers
I have a hard time thinking that anyone could believe the Naziââ¬â¢s were a moral people. The Nazi people are unparalleled in the level of criminal unjust committed against a group of persons. Naziââ¬â¢s however did believe they were moral and were justified in their actions. The idea of Nazism was a way of life and one must think, feel, and act as in the best interest of Nazi beliefs. The moral code of the Nazi people was one that followed the idea that Naziââ¬â¢s were superior, competent, and pure. The moral code included the idea that those under persecution of the Naziââ¬â¢s were inferior, less morally sound, and must use their tribulations to correct themselves to become a more loyal citizen of the community. One could classify their actions as racism and Social Darwinism. The Nazi people believed in filth and in accordance with the history of what happened in concentration camps, cleansing. Harold Ofstad is quoted of saying, ââ¬Å"â⬠¦The Nazi faith must permea te oneââ¬â¢s entire being, penetrate the very core of oneââ¬â¢s soulâ⬠¦Ã¢â¬ The moral code of the Naziââ¬â¢s can be fairly labeled as a mistake of disastrous proportions, a group of people brainwashed from the strong sense of duty to a dictatorââ¬â¢s beliefs, and a stain in history that will never be forgotten. Naziââ¬â¢s believed that they were superior, they were morally sound in any action they may choose to take, they were justified to correct and or exterminate anyone being that was different from themselves, and that the Nazi belief and code of ethics was a way of life to carry one for eternity and to pass on for future generations. The moral code was one of imperfection, and many flaws that entitled the Nazi people to kill millions of Jews. The thought that the Nazi people were morally sound, or competent for that matter, is one that I hope every sane being can tell is false. à à à à à The Nazi moral code is a very controversial matter and is a topic that I am sure has been examined and studied for countless years. Every living human has a moral identity and has developed responses to social interaction with others. These moral identities define who we all are and what we think of ourselves. The way we think of ourselves and the level of response we act upon others dictates our physical actions. One will act out in accordance with the level of response they believe in towards events such as cruelty, disrespect, and generosity.
Saturday, August 3, 2019
Rene Descartes :: essays research papers
Rene Descartes Rene Descartes was born March 31, 1596 in La Haye, Touraine. Descartes was the son of a minor nobleman and belonged to a family that had produced a number of learned men. At the age of eight, he was enrolled in the Jesuit school of La Fleche in Anjou, where he remained for eight years. Besides the usual classical studies, he received instruction in math and in Scholastic philosophy. Roman Catholicism exerted a strong influence on Descartes throughout his life. Upon graduation from school, he studied law at the University of Poitiers, graduating in 1616. He never practiced law, however--in 1618 he entered the service of Prince Maurice of Nassau at Breda, Netherlands, with the intention of following a military career. In succeeding years Descartes served in other armies, but his attention had already been attracted to the problems of mathematics and philosophy to which he was to devote the rest of his life. He made a pilgrimage to Italy in 1623-24, and spent the years from 1624 to 1628 in France. While in France, he devoted himself to the study of philosophy and also experimented in optics. In 1628, having sold his properties in France, he moved to the Netherlands, where he spent most of the rest of his life. He lived for varying periods in a number of different cities in the Netherlands, including Amsterdam, Deventer, Utrecht, and Leiden. Ã Ã Ã Ã Ã It was probably during the first years of his residence in the Netherlands that Descartes wrote his first major work, Essais philosophiques, published in 1637. The work contained four parts: an essay on geometry, another on optics, a third on meteors, and Discours de la methode (Discourse on Method), which described his philosophical theories. This was followed by other philosophical works, among them Meditationes de Prima Philosophia (Meditations on First Philosophy, 1641) and Principia Philosophiae (The Principles of Philosophy, 1644). The latter volume was dedicated to Princess Elizabeth Stuart of Bohemia, who lived in the Netherlands and with whom Descartes had formed a deep friendship. In 1649, Descartes was invited to the court of Queen Christina of Sweden in Stockholm to give the queen instruction in philosophy. The rigors of the northern winter brought on the pneumonia that caused his death on February 1, 1650. Ã Ã Ã Ã Ã The most notable contribution that Descartes made to mathematics was the systematization of analytic geometry. He was the first mathematician to attempt to classify curves according to the types of equations that produce them. He also made contributions to the theory of equations and succeeded in proving the impossibility of trisecting the angle and doubling the cube.
Friday, August 2, 2019
Answering Questions on Keystone Corporation
Based on the Geert Hofstede Cultural Dimensions Study, there is an uneven distribution of power and wealth in the Indian society, which is generally accepted by the Indians as a cultural norm (Geert Hofstedeâ⠢ Cultural Dimensions India). Indians are persevering, and are more receptive to unstructured ideas or occurrences, having less regulations and standards with which to control unexpected events (Geert Hofstedeâ⠢ Cultural Dimensions India).Australians are generally individualists who have a penchant for privacy (Geert Hofstedeâ⠢ Cultural Dimensions Australia). There is a higher level of equality between Australiaââ¬â¢s tiers of society, spanning between families, organizations and even the government (Geert Hofstedeâ⠢ Cultural Dimensions Australia).North Americans, belonging to the category of United States, have one of the highest individualism traits yet have greater equality between social levels, and hold the highest regard for cultural differences (Geer t Hofstedeâ⠢ Cultural Dimensions United States). Americans appreciate fewer rules and do not try to control all events and outcomes (Geert Hofstedeâ⠢ Cultural Dimensions United States).Friction in the Keystone set-up is predictable, made up of the easy-going Indians, the individualistic Americans, and the private Australians.2. In any global company that is planning to consolidate its workforce, there are four global drivers for engagement:(a) The nature of the job itself and the opportunities for growth.Keystone has to ensure that the work environment is healthy with lots of team work, respect and camaraderie. Employees are well compensated and motivated.(b) Confidence in the companyââ¬â¢s leadership.To obtain the confidence of its workforce, a company must have leaders that act and work in accordance with established company goals and visions, and earmark resources that support those values.(c) Recognition and rewardsEven though just compensation and regular, earned b onuses are not exactly drivers, they should be conceptualized to motivate the workforce and enhance a healthy competition within the organization. Non-monetary rewards such as recognition is effective in morale-boosting within a company.(d) Organizational communicationThere should be consistent open channels of communication, wherein information is released from top management in an organized and systematic way. Communication should be enhanced by dialogues, giving and taking of feedback and an open-door policy for management. Leaders should take the initiative inà this particular driver.3.à à Within this Global Project are two of the most contrasting personalities: the German and the Indian. Nevertheless, to prevent conflict in the organization, I will closely study the personas of the different races. I will focus on the similarities, and work on managing the cultural differences.The Americans and the Germans have high levels of individuality, thus I can use them for the ma rketing side of my Project. The Indians will be best for customer service, because of their easy-going nature and lower tolerance for rules and regulations.I can also employ the Germans to spearhead the finance sector of the business, where strictness is appreciated. The Americans and Indians will make up the largest part of the organization, which is operations. Both have perseverance in their natures, and would easier adapt to new work environments and adjust to each other as well. The Americans and Indians would be more receptive to occasional changes in the organization, and will work well with less friction.The Indians will be on my Public Relations team, and if I could get a female for the part, the better. She will have a good disposition, perfect for dealing with clients, and would be more competitive than her male countryman.à In the world we live in ââ¬â especially if one is operating a business ââ¬â fully understanding the cultural peculiarities, quirks and trai ts of the workforce can spell the difference between success and failure. To foster harmony in a multi-cultural organization, one must realize that even minor considerations like time may be perceived in different ways by different cultures. In most Eastern and African culture, friendship and relationships are more important than time. Hence, one does not run away from a friend to make it on time for work. It is different in the West.It would be best to integrate into the organization, team-building activities wherein employees who work in close proximity are encouraged to know each other on a more personal level. Thus, friction is minimized and mutual respect is fostered.à Thus, to have an effective organization, top management must study the cultural traits of the employees, in particular, with respect to politics and diplomacy, religion, social values and cultural traditions. Though this, management can determine which areas of the business a person is best suited, and top mana gement can also devise ways of keeping their people happy, motivated and productive.Works CitedHofstede, Geert. Geert Hofstedeâ⠢ Cultural Dimensions. The Netherlands:1967 ââ¬â 2003.
Thursday, August 1, 2019
Enders Shadow Book Report Essay
Bean- Main Character, Protaganist: A homeless boy on the streets of Rotterdam that uses his intelligence to keep him alive, and eventually earn him a spot on the ranks of Battle School. Andrew ââ¬Å"Enderâ⬠Wiggin- Another boy recruited to Battle School, a lot like bean, small, and extremely smart. Is Beans mentor and example as he goes through Battle School. Poke: A nine year old girl, that also lives on streets of Rotterdam. Takes Bean into her family and gives him a chance. She is one of the main reasons for Beans survival. Sergeant; Pokes right hand man. He is eight years old. He knows Achilles killed Poke but doesnââ¬â¢t tell anyone and then sides with Achilles. Achilles: A bully of Rotterdam, has a bad leg, is jumped and forced to join Pokes family for protection. It was Beans plan that got Achilles into the family. Helga: An advisor in the kitchen of Rotterdam, supervises the lines outside. When Achilles brings his family to the kitchen she has compassion and immediately lets them to the front of the line. She changes the rules so that any older child that has and cares for younger children will always eat first. Nikolai Delphiki: Enders twin brother, he helps Enders in Battle School and is one of the few people he can trust. Sister Carlotta: is the woman who recruited Bean to Battle School and saw his intelligence and recognized it. Petra Arkanian: takes Bean under her wing when he is first assigned to Salamander Army, while Bonzo, the commander, refuses to teach him anything. Bonzo Madrid: Bonzo is an enemy of Enders. Colonel Graff: the head advisor of Battle School. Islolates Bean to make him learn to survive and strengthen him. Dimak:The man who questions Bean when he first gets on the shuttle, lets everyone know he is smarter than them. Mexican Janitor: Finds Bean in the Toilet in the orphanage. Dr. Volescu: Beans father This story starts out with Bean at age 7 attempting to survive on the streets of Rotterdam. He is very small for his age but extremely smart. There are a lot of little groups of homeless children on the streets of Rotterdam that stick together and help each other out, because there is strength in numbers and it increases their chances of survival. He isnââ¬â¢t part of any of these groups he only finds food by what he scavenges out of garbage cans. ââ¬Å"In the streets of Rotterdam food was hard to come by, my only source of food came from what I could find in the garbage cans (Card 8)â⬠But one day he goes up to poke and tells her he has a plan to help her survive. At first she pushes him away and threatens to kill him, but as she listens to his plan of recruiting a bully for protection she finds that she likes the idea. ââ¬Å"You got to get your own bully (Card 18).â⬠ââ¬Å"If I get me a Bully, if what you said works, then maybe I feed you(Card 19).â⬠So Bean makes the plan that they need to jump one of the bullies that are still strong and dominant but can still be taken down and controlled. So they decide that Achilles is perfect for the job. ââ¬Å"If he doesnââ¬â¢t comply then we kill him (Card 19)â⬠When Achilles walks down a alley way all of the kids jump on him and pound him with rocks until he is only holding to life by a thread. They tell him they will let him live if he joins their family and protects them. ââ¬Å"You get us to the front of the line at the Kitchen(Card 20)?â⬠ââ¬Å"Sure, Right, I will, I promise(Card 20).â⬠ââ¬Å"Donââ¬â¢t believe him, Kill Him(Card 20)!â⬠ââ¬Å"Donââ¬â¢t be stupid, said Poke, Heââ¬â¢s in(Card 20).â⬠ââ¬Å"If you donââ¬â¢t kill him now he is going to kill you.(Card 20).â⬠Achilles gets them into the Kitchen like he promised and he slowly starts to take over Pokes position as leader. Soon enough he has all of the kids calling him ââ¬Å"papa.â⬠ââ¬Å"Itââ¬â¢s your crew not mine, This is more of a Crew to me this is my Family(Card 23).â⬠ââ¬Å"Bean saw at once Achilles had won. Powerful bully, and he had called these kids his sisters, his brothers. Bean could see the hunger, the deep hunger, for family, for love, for belonging. They got a little of that by being in Pokeââ¬â¢s crew. But Achilles was promising more. He had just beaten Pokeââ¬â¢s best offer. Now it was too late to kill him(Card 23).â⬠When Achilles takes his family to the kitchen Helga lets them go right to the front of the line, but before they get there Achilles stabs one of the other bullys with a knife to let everyone know he means business. Later that night Bean hears some of the Bullys saying they are going to kill Achilles for cutting in line. That same night Bean meets Sister Carlotta, a nun, and she tells him she can get him out of there. The next day when Bean tells Achilles what he had heard he doesnââ¬â¢t seem worried, then later Sister Carlotta has him take a few more tests and Bean passes with flying colors. Later that night Bean sees Poke slip away, follows her and sees her meet up with Achilles and sees them kiss! He starts to head back to the family then turns back for a moment, and sees Poke with a knife in her eye and Achilles nowhere to be seen. ââ¬Å"I trusted him, I knew what he was from the first and I trusted him(Card 47).â⬠ââ¬Å"Aww Poke you poor, stupid, kind, decent girl, you saved me and I let you down(Card 47).â⬠Sister Carlotta begins talking to the Advisors of Battle School, at first they say they want Achilles, but after learning he committed a murder they decide they donââ¬â¢t. When she tells them about Bean they say they might want to wait a few more years before they take him in. Bean begins having dreams about his past, he tells Sister Carlotta about them. He says he remembers living in a clean place and remembers a man would come in and clean at night and Bean would get scared when he heard him so he would hide in a toilet bowl. Then he remembers the cleaning man taking him to his house. She attempts to find the janitor that saved Bean in attempt to recover answers about his past. When she finds the janitor she brings a cop with her for questioning. They discover that Bean was raised in an Organ Farm, but the people behind the Organ Farm are untraceable. The Commanders decide that they are going to bring Bean to Battle School despite their doubts. When Bean first gets on the shuttle a man comes out and introduces himself as Dimak and immediately starts quizzing them. He calls out Bean and though he was smaller he made sure all of the other kids on the shuttle knew that Bean was smarter than them. When Bean first arrives at Battle school he starts exploring. He finds the older kids classrooms, but before he can go anywhere else, a girl named Petra Arkanian leads him back to the Game Room. The game room is a room filled with games. While in the game room Bean notices some air vents that with his size, he could crawl into, and so he does. He can travel from place to place by the air vents. The Commanders notice that Bean took a long time to get back to the barracks, due to the tracking devices that they have in the suits but they donââ¬â¢t give it much thought. Next they let the launchies (or new kids) set up their computers in their rooms, Bean sets up two, and they say that on their free time they can play this fantasy game on the computers. Bean know that if he plays this game it will allow the Advisors to know more and more about him but he doesnââ¬â¢t care. Then he meets Bonzo Madrid a enemy of Ender and he tells Bean all of Enders weaknesses but Bean doesnââ¬â¢t care about his weaknesses he just wants to know more about Ender. Bean creates a secret folder on his fake computer and put a lot of files and maps of Battle School on there. Then later the advisors see that there are one too many users and they tell everyone to change their passwords because someone is signing in as someone else. Meanwhile the advisors are fearing that Bean will plan a revolt, and contemplate sending him home but they donââ¬â¢t. Meanwhile back on earth Sister Carlotta has met with an old Russian Scientist named Anton. Anton learned too much about something that he shouldnââ¬â¢t know, so authorities placed a device in his head that restricted him telling other people about the things he discovered. But, when he and Sister Carlotta talk, they use references to code their talk so the implant wouldnââ¬â¢t give him a panic attack and end their conversation. Unfortunately, the guards eventually figured their code out and gave Anton a panic attack. Sister Carlotta did learn that Bean was genetically altered to be super smart. The downside to this, though, was that he would have a short life and die in his twenties. The next day Bean leaves lunch extremely early to go in search of an air vent in his room, he finds one and that night he crawls in it and finds Colnel Graff talking to sister Carlotta saying that she found Beans father Dr. Volescu and he took some of his own genes and put in other Genes to make his children super smart and really small, but would grow to be giants by age 20, but would o nly live to be about 25. Then when Bean comes back he sees an advisor logging on to his computer he memorizes the advisors password and with this he now has access to a lot more information. With this new knowledge he writes many papers about the corruption of Battle School and other things. The Advisors find that Bean has logged on to an advisors account and discover that he writes as if he is an English professor, but instead of change the password they see what he does with the newly discovered information. Then they ask Bean to write a roster for the Dragon Army, this army has never won a match, Bean writes the roster and gives it to Dimak and immediately every person Bean requests is transferred into the Dragon Army, and Bean is the Commander. The next week sister Carlotta is requesting that they run tests on Bean to see if he really is Dr. Volescuââ¬â¢s son. They find out that he isnââ¬â¢t Beans dad but his Uncle. And sister Carlotta gets word they are bringing up Achilles, Sister Carlotta is 100% against this. This week is also the first week of Practice, Bean is the best one in the army, and asks Ender for his own Toon, Ender says he has to prove his worth first then he will get his Toon. ââ¬Å"If your fair I will have my own Toon in a month(Card 223).â⬠Ender puts in a formation that can allow the team to break apart and scatter at any time. One of the members disagrees with the formation, Bean yells at him, then the kid pushes Bean up against the bunk, only to be saved by Nikolai. Sister Carlotta finds out that there were 24 other cloned eggs, but 23 of them are missing, but the other one is in battle school and discovers it is Nikolai, and that Bean and Nikolai are twins, the only difference is that Bean is much more intelligent. Bean and the Dragon Army soon get their first battle, they win, and they start having battle after battle, day after day. Ender says that they canââ¬â¢t fight like this anymore because his crew is getting worn out. Then later Bonzo meets Bean in the hall and asks how to beat Ender, when Bean wonââ¬â¢t tell him, he chokes him up against the wall and threatens to kill Bean and Ender both. The next day The Dragon Army has 2 battles in one day. Except on the second battle the team is allowed a 20 second head start. Dragon army wins but barely. That night Ender tells Bean all of his worries and problems and gives Bean his own Toon. Ender gets a few kids together and forms his Toon, he finds some chord that is used to hold up pillars. They discover that they could use it in battle, and it could allow them to change direction quickly. Then later when Ender is in the bathroom Bonzo and his friends come into the bathroom and gang up on Ender. Ender kicks Bonzo in the crotch and gets him on the ground and hurts him so bad he accidently kills him. The next day dispite Enders fight they have a Battle, except it is against 2 teams at once. Ender uses Beans special Toon and their chord, they defeat the two teams, then after the battle all of the Toon leader are made into commanders, when Bean goes to tell Ender this he finds that Ender has been promoted to Commander School. As Beans first action as commander he gives a speech in the mess hall, then he discovers that Achilles has been placed into his Army, he lays down the ground rules and makes sure he knows he is the boss, and treats him as any other launchy. That night Bean gets Achilles to crawl with him into the vent, Achilles trys to kill him, then all of the members of Beans team tie him to the fan, and tell him he can either confess all of his murders or they will hang him. He confesses them, then they hang him anyways. After this Bean is sent to command school, with nine other kids. Bean and other kids start training on simulators as if they are commanding a quadrant and fighting against Buggers. The command to the ships are instantaneous and soon Bean discovers that they arenââ¬â¢t playing a simulation at all they are sending messages across galaxies and commanding real fleets. During the simulation, Petra falls asleep, and her fleet is blown to pieces, another kid loses his mind. The fleets are falling apart. But the day of the final battle, the Bugger forces are all grouped around the Bugger planet; Ender sends in all the ships and destroys the Bugger planet, and the Buggers. And they win the war. ââ¬Å"As the planet exploded it engulfed all of the Buggers, the Buggers were all dead, they had won(Card 465).â⬠Bean goes home with his brother Nikolai and they see there long lost mom. And they are a big happy family again. As for Ender he goes and lives and attempts to repopulate the Bugger Planet.
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