Wednesday, October 16, 2019
Does urea formation have a feedback inhibition mechanism Explain the Essay
Does urea formation have a feedback inhibition mechanism Explain the why or why not - Essay Example Carbomyl phosphate synthase I acts as the rate limiting enzyme in urea cycle. N-acetylglutamate allosterically activates it thus lowering its Km for protein synthesis. Carbomyl Phosphate Synthase I binds with the primary ATP molecule and converts into a vigorous conformation. It then changes into a second form by binding with N-acetylglutamate thus enhancing its own ATP affinity. As a result, a phosphate group is transferred from a subsequent ATP to the enzyme bound carbamate. This changes the carbamate to carbomyl phosphate. This happens according to the Rubio-Britton-Grisolia model. Hence, it is seen that hepatic N-acetylglutamate controls the rate of protein synthesis in the urea cycle, by regulating its rate-limiting enzyme allosterically (Das 475). Arginine does not cause feedback inhibition of Carbomyl PS-1 or OTC but stimulates the activity of acetylglutamate synthetase. However, according to Snodgrass (67), ââ¬Å"in bacteria and fungi, arginine inhibits conversion of glutamate to acetylglutamateâ⬠. Also, only at high concentration levels, orthinine transcarbomylase and argininosuccinate synthase undergo feedback inhibition mechanism by citrulline and argininosuccinate, which are their respective
Tuesday, October 15, 2019
Proposed reform on Judicial Review Research Paper
Proposed reform on Judicial Review - Research Paper Example Whereas the level and extent to which other reforms may be beneficial to the judicial process are not in question, this author will lay out but a few salient reasons why the judicial nomination process is one of the most important functions that government makes with regards to the functionality, diversity, fairness, and representative nature that the judiciary should display. Furthermore, due to the fundamental shift in the judicial nomination process that has been experienced over the past 50 years, this author will seek to lay out a series of issues that define the shortcomings that the current legal system experiences as well as seeking to law out what steps could be effected in order to ameliorate these. The first issue that this analysis will consider is the fact that the judicial nomination process has turned into what can only be considered a type of media and political frenzy. Whereas the constitution states that the president should seek the counsel of congress in order to appoint a judge, the actual process whereby the judge is vetted is not enumerated upon and has largely become to be defined by Congress as something of an evolving practice that draws on prior precedence and the political fervor of a given point in time (Gonzalez et al 2003). As Congress itself, nor the president for that matter, can be trusted to make a determination based upon qualifications, the process oftentimes diverges into a political mudslinging contest where both sides attempt to paint the other as either obstructionist or attempting to push through some form of radical judge to the bench. As such, this interpretation of the law and precedent is neither helpful to the understanding of the constitution nor the judicial nomination process. As a function of this, the following analysis will detail and proscribe a set of solutions with regards to this particular shortcoming. Recent court appointments have highlighted the fact that rather than determining the overall qualificat ions of the judge, the opposing political party merely regresses to performing a series of partisan character attacks as a means to stymie the process and generate a degree of public awareness and involvement (McGinnis et al 2010). This of course is counterproductive and forces the process itself to be a multipart game that both the Congress and the sitting president at the time engage upon. Oftentimes the way that such a game progresses is that the president will nominate a series of un-selectable and/or unqualified candidates as a means to exhaust the Congress or the general public with the intractability of the process. Only once this has been accomplished, the president will nominate the candidate that he truly wanted to be make it through the process in the first place. This game theory is counterproductive, inefficient, and wastes a great deal of shareholder time and energy. A better and more efficient process for nomination and selection is therefore necessitated in order to institute a process that is not only more efficient but also a better representation of how the constitution originally envisioned the process of judicial nomination. In this sense, the entire process is hijacked at the expense of political posturing, partisanship, and a degree of political gain
Operations Management Essay Example for Free
Operations Management Essay The case at hand is hinged on the efficiency of operations in the different facilities of Canbide Corporation. With all the pressing problems, the system of operations in the company needed to be re-designed to answer the problems in every area that needs attention. The four concerns of Mr. Iwani, which are: 1. There is a need to put up a distribution facility in the Pacific Northwest; 2. There are quality problems at a facility in Nebraska; 3.à Customer Service problems; 4. There are inventories / materials handling problem at Newark facility, could actually be consolidated as problems of Aggregate Planning. In the case of Pacific Northwest, which locates the plant S facility, where inventory problems and shipping concerns abound, the root causes of which is the not so good facility location planning. The expansion of the company was not able to be considered over the initial planning stage. Hence, some strategic solutions would be available for each of the facilities which could be centrally based on the Japaneseââ¬â¢s ââ¬Å"Just-In-Time (JIT) system which uses the Kanban and Lean Management Systemâ⬠First, on the Denver Facility, the production queuing model should be revised as to the process whether one ââ¬Å"Work-In-Process flowâ⬠. When a customer had to pick up a product, it should be centrally ordered on one building alone and have to wait on a lounge until the orders are ready to be picked up on a central loading plant. The products are thus carried over to the central loading station for customers. This will eventually solve the problem of traffic inside the facility. Parking should be organized to be able to serve the first customers first. Further solutions would include the proper ââ¬Å"facility lay-outing of future building plansâ⬠Secondly, on the Problem in the Oregon facility, the production process should be already automated since the increasing demands require such facility. In this way, using the Kanban system of the Japanese Toyota system or the Just-In-Time system which forge strong linkage over its suppliers and order system is placed in attention when inventory is kept at low. With this system, the storage facility could be converted into production facility because stocking of materials needed would be minimized or even eliminated through the use of the system. Also, this system will be beneficial to the firm because it would drive down the cost of materials especially in the value loss of inventorying at its warehouses. Problems on shipping inventories would also be minimized. Thirdly, on the issue on the Copier Rehab Facility near Charleston, the management should focus its attention on Knowledge Management and Information System. This would require an in-depth analysis on the problems of the copiers being brought in for repair and the time spent and behavior analysis of every customer. If this would be done, then the management would be able to note the materials needed to be inventoried in the rehabilitation center. The turnaround rate of seven days would even be minimized, and not just targeted. The Materials Requirement Planning would thus be needed by the company to cope up with the demands of the products to be repaired. In summary, the Oregon facility problems could thus be solve through re-structuring with the inception of the JIT system in each plant and revising the process workflow to ensure on time production and ensure the quality of the products made. Warehousing costs would also be minimized if not totally eliminated with the Kanban System, which is also hinged on the Just-In-Time system of the Toyota Company in Japan.
Monday, October 14, 2019
Discovery Of Losartan Potassium Health And Social Care Essay
Discovery Of Losartan Potassium Health And Social Care Essay Losartan is the first angiotensin II receptor antagonist drug to be marketed for use mainly to treat high blood pressure (hypertension). Losartan was first discovered in March 1986 by scientists on their first assignments at a corporate research laboratory, in Du Pont, as DuP 753(Merck 954), a highly potent and orally active non-peptide Ang II receptor antagonist. At the time, DuPont as a company was rather new to pharmaceutical business. The company had previously been dealing in chemicals, but the in the 1970s when the demand for Petroleum and its related products natural gas drove prices high, management attempted to diversify the business by seeking other business avenues to reduce their dependency on chemicals in a hope of also increasing their profit. As a result of creating new business, DuPont had ventured into pharmaceuticals and other life sciences businesses by the 1980s. Losartan work was one of the compounds DuPont research labs worked on. The company being inexperience in this area of business, hired Robert I. Taber, a scientist with two decades of research experience with Schering, to head pharmaceutical research at DuPont.It was Taber who recognized the areas of potentials and encouraged the research team to delve further. However, DuPont being a fairly young company in these areas would lead to other weighty problems, and these issues were quickly settled by a collaboration with the more experienced Merck, who also recognised the Potential of Losartan and convinced DuPont that there was more to be gained by working on Losartan. Development of Losartan was done after a series of efforts. The final market product was Co-Developed with Scientists from both Merck DuPont. [BHARDWAJ, G., 2006] Losartan was approved by the FDA in April 1995, and it was then launched that month as the first non-peptide anti-hypertensive drug in the new class of Ang II receptor antagonists. Merck started selling losartan under the trade names CozaarT and HyzaarT with annual sales in excess of $3 Billion Dollars by 2005. Chemical Structure (IUPAC) nomenclature (2-butyl-4-chloro-1-{[2-(1H-tetrazol-5-yl) biphenyl-4-yl] methyl}-1H-imidazol-5-yl) methanol Chemical data Formula C22H23ClN6O Mol. mass 422.91 Action of Losartan Losartan selectively inhibits all Ang II responses that have been studied and lowered blood pressure in several animal models of renin-dependent hypertension. In animals, the antihypertensive efficacy of losartan has been found to be similar to that of the ACE Inhibitors (Angiotensin Converting Enzyme inhibitors) but, unlike ACE inhibitors, losartan is a more selective inhibitor of the renin-angiotensin system since it does not affect the metabolism of kinins. Compared with peptide Ang II antagonists (e.g. saralasin), losartan has significant advantages, including a long duration of action, effective oral absorption and no Ang II agonist activity. [SIEGL, P.K., 1993] Indications Hypertension Losartan tablets is indicated for the treatment of hypertension. Losartan can be used alone or used in combination with other antihypertensive agents, including diuretics. [Rx LIST THE INTERNET DRUG INDEX., 2009] Hypertensive Patients with Left Ventricular Hypertrophy Losartan is also indicated in patients with hypertension and left ventricular hypertrophy to reduce the risk of stroke, but there has been a study to suggest that Losartan is not beneficial with Black patients in reducing the risk of stroke. [Rx LIST THE INTERNET DRUG INDEX.,2009] In the LIFE study, it was found out that Black patients with conditions of hypertension and left ventricular hypertrophy had a lower risk of stroke on atenolol than on Losartan. However, there was some shortcomings of the LIFE study, as it did not provide evidence that the benefits of Losartan in hypertensive patients with left ventricular hypertrophy by reducing the risk of cardiovascular events applied to Black patients. [Rx LIST THE INTERNET DRUG INDEX.,2009] Nephropathy in Type 2 Diabetic Patients Losartan is also very useful in the treatment of patients with diabetic nephropathy, where there is an elevation of serum creatinine and proteinuria (urinary albumin to creatinine ratio à ¢Ã¢â¬ °Ã ¥ 300 mg/g) in patients that have type 2 diabetes and a history of hypertension. In this group, Losartan has been shown to reduce the rate of progression of the nephropathy. This is measured by the occurrence of doubling of serum creatinine or end stage renal disease where there is need for dialysis or renal transplantation. [Rx LIST THE INTERNET DRUG INDEX.,2009] SPECIFIC PRODUCTS ( CONTAINING THIS DRUG) AVAILABLE FOR USE IN GIVEN CONDITION Combination therapy: A combination therapy is used if losartan monotherapy alone is not sufficient to control hypertension. Hence, losartan is available in combination with hydrochlorothiazide in different strengths as follows:[BRITISH NATIONAL FORMULARY., 2009] Losartan 50mg + Hydrochlorothiazide 12.5mg Losartan 100mg + Hydrochlorothiazide 12.5mg Losartan 100mg + Hydrochlorothiazide 25mg. The above combination is used for treatment of high blood pressure and stroke in patients with heart disease. It is a prescription only medicine. [MEDICINES AND HEALTH CARE PRODUCTS REGULATORY AGENCY., 2009] EVIDENCE FOR EFFICACY FOR THIS TREATMENT. Clinical trials have shown a better efficiency of losartan as an antihypertensive by itself and a further higher efficiency in a combined state with hydrochlorothiazide. For example : a double-blind, multicenter, randomized, parallel group study performed on African Americans (who are generally less responsive to monotherapy from any hypertensive class), with severe hypertension have shown a significant reduction in sitting diastolic and systolic blood pressure with losartan monotherapy (45.8%) when compared with placebo (27.2%) . In the same study, the combination losartan/ hydrochlorothiazide regimen showed significant higher reductions (62.7%) in blood pressure compared with losartan monotherapy or placebo. More over, both the regimens i.e losartan monotherapy and the losartan/hydrochlorothiazide were as well tolerated as the placebo[FLACK, et al., 2001]. Other studies were performed on hypertensive patients who had discontinued treatment with calcium channel blockers and angiote nsin converting enzyme inhibitors due to side effects like peripheral edema or dry cough respectively. These patients when treated with losartan have shown as much reduction and control over blood pressure as they use to with previous therapies.[GIOVANNETTI, et al., 1997]. And quite interestingly it has also been observed that the clinical side effects were minimal with losartan treatment and the haematologic and biochemical profiles were also not disturbed. [GIOVANNETTI, et al., 1997] Studies performed on the pharmacokinetics and pharmacodynamic parameters of losartan on healthy male volunteers and also on special patient groups like elderly patients with renal impairment and those having liver disease, suggest that losartan is orally active and its effect lasts for over 24 hours. None of the patient groups showed any significant pharmacokinetic interactions[McINTYRE, et al., 1997]. Losartan 50mg appears to be a safe starting and maintenance dose in most patient populations. However, when an additive effect is required, it can be easily combined with thiazide diuretics to achieve the target blood pressure. Losartan has low discontinuation rate and it has also been observed that it was not associated with cough even in patients who experience this side effect with to ACE inhibitors [McINTYRE, et al., 1997]. A BRIEF COMPARISON WITH OTHER MEDICINAL PRODUCT USED TO TREAT THE SAME AILMENT Losartan potassium, is an angiotensin receptor antagonist (AT1) used in the treatment of hypertension and other cardiovascular diseases. However, a comparison with other ARB(e.g. valsartan and candesartan) shows that, these drugs have the same mechanism of action, though, their differences in pharmacokinetic profile may be responsible for their differences in efficacy in the treatment of hypertension. Losartan and valsartan when compared, exhibited a similar reduction in blood pressure at a lower concentration ,however, valsartan has a higher response rate and more effective 24hours blood pressure control rate at the dose of 160mg and 80mg respectively than losartan at 100mg and 50mg respectively.[BURNIER BRUNNER 2000]. Candesartan 8mg and 16mg has also demonstrated a more lasting antihypertensive effect than losartan 50mg and 100mg in ambulatory BP monitoring.[LACOURCIERE ASMAR 1999] A brief comparison with other medicinal products from the other class like B- adrenergic blocker(e.g. atenolol), ACEI(e.g. enerlapril), calcium channel blocker(e.g. felodipine) and diuretics were based on the efficacy, tolerability and safety in the treatment of essential hypertension. Losartan , when compared with amilodipine has been shown to exhibit a similar clinically relevant reduction in patients with systolic blood pressure, however, losartan was better tolerated as evidenced by fewer clinically adverse effect(CAE)and discontinuation compare with amlodipine [VOLPE, et al., 2003]. Meanwhile, in the contrasting effect of losartan, nifedipine GIT, and fosinopril on the ambulatory blood pressure, cardiac structure and function, and protective function of the endothelium in patients with essential hypertension, nifedipine GIT is superior to others in plate- granule membrane protein (GMP), while fosinopril and losartan had a preffered action to nifedipine GIT in reversing ventricul ar hypertrophy, however, losartan was better tolerated than the other drugs [QI XIURONG 2001]. Losartan potassium has been known to exhibit a fewer drug related adverse effect in contrast to other medicinal products in the other classes used in the treatment of hypertension. [GOLDBERG, et al., 1995] In summary, losartan potassium has an excellent tolerability profile in patient with essential hypertension and, in a demographic sub group of elderly versus young, women versus men and black versus non black; it has been shown to have an excellent safety profile. ADVANTAGES OF LOSARTAN POTASSIUM. Side effect; In the treatment of hypertension, losartan has exhibited fewer drug related side effect when it was compared with other class of antihypertensive agents .[GOLDBERG, et al., 1995] Tolerance; when compared in patients with essential hypertension, losartan was better tolerated than other agents from the other class and hence an excellent tolerability profile. Safety profile; It has a good safety profile in a demographic sub groups. It doesnt produce rebound high blood pressure when it is withdrawn. DISADVANTAGES OF LOSARTAN POTASSIUM. 1 Losartan has been associated with some damaging effect on the foetus which may include reduced body weight, death and kidney injuries hence it is contraindicated in pregnancy. [GOLDBERG, et al., 1995] Analysis of the market potential for the development of new drug candidates to treat the given condition Development of new drug products has always been a challenging task. Growth in technology resulted in an evolution in pharmaceutical world and has paved way for research and development to meet demands for more efficient products. About one billion people have been affected by hypertension world wide and reports also says that in US alone 65 millions people are affected by high blood pressure.[SMITH ASHIYA 2007]. This indicates the level of demand of antihypertensives world wide. Efforts have been made and many potential drugs have been developed till date. However the expiry of patents of angiotensin receptor blockers (ARB) opened doors for arrival of cheap generic products which resulted in a threat to the global pharmaceutical market. Data monitoring of the sales of antihypertensives in seven major global markets (i.e UK, France, US, Italy, Spain, Germany and Japan ) predicted sales of upto $ 29.5 billions by 2018, which would be a drop of $6 billion when compared to that of 2008. Considering above threats, the big pharmaceutical companies are under an impression that it is not worth to spend on research and development of novel therapies and they appear to be moving away from investing in research and development to develop more efficient antihypertensive therapies. [THE MEDICAL NEWS., 2009] Product Name Patent Number Patent Expiration Mercks COZAAR (losartan potassium) 5,138,069*PEDà à 11 Feb,2010 Mercks COZAAR (losartan potassium) 5,153,197*PEDà 06 Apr, 2010 Mercks COZAAR (losartan potassium) 5,210,079*PEDà à 11 Nov,2010 Table showing the expiry of patent of COZAAR (losartan potassium) Angiotensin receptor blocker. [DRUG PATENT WATCH., 2010] Short comings of the existing treatment to justify new drug development Though antihypertensive agents were able to achieve significant control over hypertension induced morbidity and mortality, still there is much to be done. For example: disappointments associated with coronary artery disease, risk of cardiovascular events even after treatment with antiphyertensive agents and comparatively higher possibility of cardiovascular events in hypertensive patients compared to normotensive patients. These effects are thought to be due to inability of existing antihypertensives to reverse other associated factors like left ventricular hypertrophy, negative metabolic effects and risk associated with overtreatment.[HANSSON, L., 1991]. Hence there is a need for an ideal hypertensive agent which may be able to control blood pressure to normotensive levels whilst being free of negative metabolic effects. Moreover, it should also be able to reverss cardiovascular changes like cardiac hypertrophy and control tissue damage in case of possible vascular complications. [H ANSSON, L., 1991]. Analysis of data available on search engines indicates the promising role of upcoming gene therapy and nano-technology to produce new drug candidates. For example: Exploring areas like gene transcripton, molecular genetic regulation of blood pressure ( targeting genetic risk factors as in cases of essential hypertension) appears to be a new hope for future developments of antihypertensives.[KURTZ GARDNER 1998] Possible potential for new therapy. Research is currently being carried out to explore the potential of upcoming gene therapy and nano-technology to produce new drug candidates. For example: Areas like gene transcripton, molecular genetic regulation of blood pressure ( targeting genetic risk factors as in case of essential hypertension) appears to be a new hope for future developments of antihypertensives.[KURTZ GARDNER 1998]. However alternatively, combination products containing antihypertensives and statins could be a new hope for future developments. à ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦
Saturday, October 12, 2019
Dale Earnhardt and Stock Car Racing Essay -- Stock Car Racing Dale Ear
Dale Earnhardt and Stock Car Racing Over 50 years ago a new sport was introduced. This sport was stock car racing. The organization that sponsors stock car racing is known as National Association of Stock Car Racing, NASCAR. The driver that is identifiable with NASCAR is definitely Dale Earnhardt. Over the years there have been many great stock car racers from Cale Yarborough to Richard Petty and Davy Allison, but no other name was better known than Dale Earnhardt. Whether on the track or in the crowds, there is no possible way a person can look without seeing a black number three or some other Earnhardt insignia. In first or last place, victory circle or behind the wall, the black GM Goodwrench Chevrolet could not be deprived of its respect. Who would have ever guessed that the legendary Dale Earnhardtââ¬â¢s life would be taken from him on the last lap of the biggest race of 2001? Dale Earnhardt was born on April 29, 1952. He was raised in Kannapolis North Carolina. Dale started racing at age twelve and won his first race at age fifteen. After winning his first race Dale decided that this was what he wanted to do as a career. Dale dropped out of high school in the ninth grade. Daleââ¬â¢s parents did everything they could to try to keep him in school but they were unable to. Earnhardt would soon find out just how hard it would be on him and his future career though. Dale Earnhardt came from a family of stock car racers. Daleââ¬â¢s father being a racer himself knew how hard it was to start racing. That is the main reason he tried to keep Dale from dropping out of high school to race. ââ¬Å" They even offered Dale a new car to keep him in high school.â⬠(1:72) Dale Earnhardtââ¬â¢s grandfather was also a racer. Dale was not very close to him though. ââ¬Å"In an interview Earnhardt said that he regretted not knowing his grandfather very well. Earnhardt also mentioned the fact that his actions as a kid were embarrassing to him now.â⬠(1:73) Being one of the most dominant drivers on the track, Dale quickly earned the nickname the Intimidator. Dale won his first Winston Cup championship in 1980. After his first Winston Cup championship Dale went on to earn 6 more championships to tie Richard Petty with 7 victories. The nickname Intimidator fit Dale very well. ââ¬Å"He was known for causing wrecks to move himself up in the race.â⬠(1:73) After several complaints from other drivers... ....â⬠(6:1). Nobody can truly say what exactly happened that day and who knows if NASCAR will tell the truth in August but at least we will be closer to an answer than we are now. Earnhardt is the driver, the reason, and the person that made NASCAR is what it is today. Darrel Waltrip said it best when he said, ââ¬Å"We have lost the best thing that ever happened to NASCARâ⬠(6:1). As a renegade teenager or even a little fearsome racer, Earnhardt was the man who always came through. The legacy will be passed on through Dale Jr. and the Earnhardt name will be respected for the years to come. Sure NASCAR will get over this tragedy in time, but there will always be some trace of Intimidator, Dale Earnhardt. Works Cited 1. Pare, Michael A. Sports Stars, Detroit/ Michigan: U-X-O Publishing Co. 1998. 2. Bondi, Victor. American Decades 1980-1989, Detroit/Michigan: Gale Research Inc. 1996 3. Dodge, Herb. ââ¬Å" Weââ¬â¢ve Lost Dale Earnhardt,â⬠Speedway Illustrated, (April 21, 2001) pgs. 72-85. 4. Bartlett, Jeff. ââ¬Å"Circuit Breaker,â⬠The End of an Era, (April 16, 2001) pgs. 2-5. 5. ââ¬Å"Dale Earnhardtâ⬠www.daleearnhardt.com, online February 21, 2001. 6. ââ¬Å"Daleâ⬠www.NASCAR.com, online February 21, 2001.
Friday, October 11, 2019
Import Substitution Industries Essay
ââ¬Å"There is a belief among some economists that a country should focus more on export sector explanation and diversification than promoting the import substitution Industries (ISI).â⬠Critically comment on this taking Sri Lankan economy as an example. You are expected to refer relevant articles from recognized sources on the said areas and provide your own views and analysis with proper reasoning. Export means shipping the goods and services out of the port of a country. An import is a good brought into a jurisdiction, especially across a national border, from an external source. Import Substitution Industries (ISI) means an economic theory employed by developing or emerging market nations that wish to increase their self-sufficiency and decrease their dependency on developed countries. Implementation of the theory focuses on protection and incubation of domestic infant industries so they may emerge to compete with imported goods and make the local economy more self-sufficie nt. Normally importing is not bad. Importing raw materials and goods is one of the paths of increasing the profit margins. There are number of benefits in importing the goods, such as high quality, low prices, and benefits related to the international trade. But I think there are more disadvantages for country. Importing of goods could lead the erosion of the domestic markets and national economies specifically when there is trade deficit occurrence the import is higher than the export. And can also be increased due to import of goods such as conflict in the domestic values due to the acceptance of social values. The domestic industries can also be crippled due to the import of the countries where the wages are low and the domestic industries are unable to compete since they cannot lower down their prices of goods than the cost of goods. The exporting of goods is specifically difficult and disadvantageous for the small and medium size firms. The sale of services and goods into the foreign market is difficult for them rather serving the domestic market. A lack of knowledge of different languages, difference in culture, exchange regulations and trade regulations having the major impact on exporting the goods. But normally there are have more advantages than importing. One of the major advantages of export is the ownership advantage which is specific to the firms international experience, asset and ability of the exporter toà either develop the differentiated product or low cost product with in the values chain. A combination of investment risk and market potential is known as the location benefit of the particular market combination. In order to retain the core competencies within the organization and stitching it throughout the country without retaining the license, selling or outsourcing is the international advantage in export. Some of the organizations having lower level of ownership advantage may do not enter into the foreign markets. In case a companyââ¬â¢s products and companyââ¬â¢s ownership equipped with the international advantage and ownership advantage, the entry can be made through low risk model known as exporting under the eclectic paradigm. There is low investment requires in exporting of goods than the other modes of inter national trade and expansion such foreign direct investment. Somehow it is recognized that the lower level of risk result in ,lower level of rate of return than possibly the other modes of international trade. On the other hand the usual return on international trade in export sales might not have greater potential but also there will be no risk. In export of goods the managers are allowed to exercise the various operational control however it does not have the option over the control of marketing activities of the company. The end consumer of exported goods is far away from the exporter though the various intermediaries can manage the risk. Export performance is one of the strongest areas of Sri Lankaââ¬â¢s economy at the present time. It can be best described as a growth area. If you were to take exports as a whole, there has been an improvement of around 14% across the board, in terms of the foreign exchange that was realized by Sri Lankan exports. However, in some sectors, the growth has been very much more. For example, in the electronic sector, it is as high as 80%, with rubber performing at 45%, wooden products at 57%, and so on. And also emphasis that the governmentââ¬â¢s policy is not restricted to enhancing the quantum of foreign exchange that we earn from exports. Earning more foreign exchange is important as the country requires it, but we do not intend to stop there. This is a necessary condition but we do not see it as being sufficient. One of the main policy objectives is to ensure that all benefits percolate down to the grassroots level. In other words, there has to be an equitable distribution of wealth and income right throughout the country. So Sri Lanka is today referred to as a ââ¬Ëmiddle income countryââ¬â¢ with a per capita incomeà of US$ 1,370. However, one of our problems is that the distribution of income within the country is far from equitable. A good example of this is the fact that the per capita income in the district of Colombo is seven times what it is in districts such as Monaragela, Pollonnaruwa and Hambantota. Thus we need to address the inequities that are inherent in that situation. This is why the putting a particular emphasis on the concept of ââ¬Ëexport promotion villagesââ¬â¢ that are being developed around the country. However in this year Imports in Sri Lanka increased to 1845.30 USD Million in July of 2014 from 1439.40 USD Million in June of 2014. Imports in Sri Lanka averaged 1035.70 USD Million from 2001 until 2014, reaching an all time high of 1986.40 USD Million in November of 2011 and a record low of 408 USD Million in February of 2002. (Reported by the Central Bank of Sri Lanka) Normally we export different type of goods like Apparel, tea, rubber coconut gems etcâ⬠¦ In those industries the tea industry is perhaps Sri Lankaââ¬â¢s most strategic economic sector and pure Ceylon tea our only internationally known brand. We are the worldââ¬â¢s biggest tea exporter, manufacturing more than 300 million kilos of black tea annually, almost all of which is exported. Our orthodox teas usually sell at a premium over other orthodox teas from elsewhere. Therefore we can increase that industry and get more economical profit for our country. In importing we have to pay more money with huge taxes to other countries, and in that situation we waste our money more. But if we focus more on export sector explanation and diversification we can improve our productions, develop our manufactures, and finally we can export those productions for other countries, then we can earn more profit. Donââ¬â¢t want to pay unessential money for other countries if weââ¬â¢ll develo p our exporting industry. In that case we can increase jobs for our people also, and we can develop our economy. So, mainly Imports and exports may seem like general terms that have little bearing on everyday life, but they exert a profound influence on the consumer and the economy. In todayââ¬â¢s interlinked global economy, consumers are used to seeing products and produce from every corner of the world in their local malls and stores. These overseas products or imports provide more choices to consumers and help them manage strained household budgets. But too many imports in relation to exports which are products shipped from a country to foreign destinations can distort aà nationââ¬â¢s balance of trade and devalue its currency. The value of a currency, in turn, is one of the biggest determinants of a nationââ¬â¢s economic performance. So finally studying about those cases I also think the country should focus more on export sector explanation and diversification than promoting the import substitution Industries (ISI).
Thursday, October 10, 2019
Describe the Possible Effects of Two Major Unpredictable Life Events
Task 3 (p3)- Describe the influences of two predictable and two unpredictable life events on the development of the individual. Major life events- Predictable and unpredictable events Major life events can be positive and negative and can be unpleasant, frightening, confusing and unsafe at times. Unpleasant stuff happens to all of us wether its predictable or unpredictable by feeling in control and able to organise, learning to cope with changes in life, coping with a physical changes. Predicted events of a teenager: When a child is born they are predicted to move on with their life and live it the best possible way they can.Any major changes can influence development positively within their life, as they grow. When they start secondary school they would want to make new friends and cope with the changes that would come ahead of them, which is known as positive learning. However, there could be risks of stress because no-one might let him/her hang around with them or he/she don't fit in with any group which is painful and makes them feel lonely and anxious; sometimes worthless. Perhaps no one listens to them ââ¬â then he/she feel that no one cares. This may not really be happening but it feels that way and it hurts.They may feel angry at the world and even stay away from the people you know which lowers their self-esteem and confidence in talking to other people again their anger would lead them to end up criticising themself. Thinking too much about it ââ¬â which a lot of people do ââ¬â can confuse the child as well, which is not healthy. Another positive learning, during a predicted event, can be when the teen has now become old enough to leave home and has achieved independence and to control thier own personal enviroment, but coping on your own isn't easy.Suddenly the teen don't feel that smart anymore. He/she can become anxious and handling daily stress can become very difficult for them. And if they have had bad experiences in the past (such a s abuse), leaving home can be a ââ¬Ëlast straw' and tip themselves over into difficulties in handling fears. Some even experience loss of family support depending on the reason leaving home. Unpredicted event of an adult: One of the down side of life is things that happen are sometimes not expected and are really hard to go through but some surprises
Subscribe to:
Posts (Atom)