Relative Clause vs. Appositive Essay Example for Free

Relative Clause vs. Appositive Essay An appositive is a word placed after another word to explain or identify it. The appositive always appears after the word it explains or identifies. It is always a noun or a pronoun, and the word it explains is also a noun or pronoun. Example: My uncle, a lawyer, is visiting us. My teacher, Miss Marshall, is very strict. An appositive phrase consists of the appositive and its modifiers which may themselves be phrases. Example: My radio, an old portable, is in the repair shop. The boys climbed the mountain, one of the highest in the West. THE RELATIVE CLAUSE A relative clause—also called an adjective or adjectival clause—will meet three requirements. * First, it will contain a subject and verb. * Next, it will begin with a relative pronoun [who, whom, whose, that, or which] or a relative adverb [when, where, or why]. * Finally, it will function as an adjective, answering the questions What kind? How many? or Which one? The relative clause will follow one of these two patterns: relative pronoun or adverb + subject + verb relative pronoun as subject + verb Here are some examples: Which Francine did not accept Which = relative pronoun; Francine = subject; did accept = verb [not, an adverb, is not officially part of the verb]. Where George found Amazing Spider-Man #96 in fair condition Where = relative adverb; George = subject; found = verb. That dangled from the one clean bathroom towel That = relative pronoun functioning as subject; dangled = verb. Who continued to play video games until his eyes were blurry with fatigue Who = relative pronoun functioning as subject; played = verb. Avoid creating a sentence fragment. A relative clause does not express a complete thought, so it cannot stand alone as a sentence. To avoid writing a fragment, you must connect each relative clause to a main clause. Read the examples below. Notice that the relative clause follows the word that it describes. To calm his angry girlfriend, Joey offered an apology which Francine did not accept. We tried our luck at the same flea market where George found Amazing Spider-Man #96 in fair condition. Michelle screamed when she saw the spider that dangled from the one clean bathroom towel. Brian said goodnight to his roommate Justin, who continued to play video games until his eyes were blurry with fatigue. Examples of Sentences with Relative Clauses 1. The family fulfills functions that are divided among many specialized institutions in modern societies. 2. Yesterday I called our friend Julie, who lives in New York. 3. The photographer called to the Queen, who looked annoyed. 4. Last week I bought a new computer, which I dont like now. 5. I really love the new Chinese restaurant, which we went to last night. 6. The term networking, which has appeared in popular speech, refers to using or even developing social networks. 7. My boss, who is very nice, lives in Manchester. 8. My sister, who I live with, knows a lot about cars. 9. My bicycle, which Ive had for more than ten years, is falling apart. 10. My mothers house, which I grew up in, is very small. Examples of Sentences with an Appositive Phrase 1. Queen Victoria, one of Englands greatest monarchs, ruled for sixty-three years. 2. Jane made the salad, a tossed one with French dressing. 3. Harvey Jensen, the pro at the country club, is giving me golf lessons. 4. James Hiltons book, Lost Horizon, has been filmed twice. 5. Chemistry, Sues favorite subject, is easy for her. 6. Jerry is visiting in Peoria, his old home town. Â  7. Mr. and Mrs. Miller, our neighbors for the past eight years, are moving to Dallas. 8. Have you ever read The Red Pony, a novel by John Steinbeck? 9. Groucho Marx, the star of many film comedies, also had his own television show. 10. The boys repaired our television set, an eighteen-year-old portable. References: http://www.perfect-english-grammar.com http://www.sinclair.edu http://www.chompchomp.com

Declining Trade And Investment Barriers Economics Essay

Declining Trade And Investment Barriers Economics Essay The environment in which international business operates has become subject to the forces of globalisation and increasing world integration. One might even say that globalisation is the buzzword of economics today. There are many varying definitions of globalisation, some including cultural and political aspects but for the purpose of this manual, it is best to focus on the economic aspects of it. Globalisation, it is argued, is a shift towards a more integrated and interdependent world economy. Furthermore, at a very simple level, one may distinguish between two broad aspects of globalisation. 1.2.1 Globalisation of Markets It could have been argued that in the past, one could distinguish between many different national markets. However, globalisation of markets has caused moves towards a single homogeneous global market whereby consumer preferences are converging towards a global norm. One of the strong proponents of such an argument was Levitt (1983) who argued that companies needed to view the world as a single homogeneous, global market for products and services. A global firm should therefore view the world as a single unit and must strive to produce and market standardized product worldwide. Nevertheless, the firm is also expected to adjust its product offerings for local differentiation. The benefits from global standardization have enormous potential since firms are able to achieve economies of scale in many value-chain activities including production, distribution and management  [1]  . However, whilst there are indeed many common market needs, demands and acceptance of certain global products, there are also many deep divisions, cultural and other national differences between countries and markets. At the simplest level, these differences relate to differences in product use. For example, in some countries like for instance in Continental Europe, people drive on the right hand side whilst in South Africa or Mauritius for example, people drive on the left hand side. Hence, vehicle specifications to that end will be different  [2]  . 1.2.2 Globalisation of Production This refers to the sources of goods and services from locations around the world to take advantage of national differences in the cost and quality of factors of production. Globalisation of production is characterized by increased dispersion of value chain activities to different world locations. Instead of all business activities being singly concentrated, firms may choose to disperse some of their business activities to other locations. For example, production may be undertaken in certain developing countries where labour is cheap; research and development in another location where high-level specialized skills are in abundance; and assembly may be performed at yet another location for ease of transport to world markets. As such, firms may exploit national differences in factor conditions such as land, labour, capital and skills, as well as demand conditions, infrastructure and government regulations. 1.3 DRIVERS OF GLOBALISATION Hill (2005) identifies the following factors that underlie the trend towards greater globalisation: 1. Declining Trade and Investment Barriers After the Great Depression and the Second World War, developed countries have opted to remove barriers to international trade and foreign direct investment. This resulted in the GATT (General Agreement on Tariffs and Trade). There were a number of rounds of negotiations between countries which ensued and these led to further reductions and also extended GATT to cover services, intellectual property rights and eventually to the establishment of the World Trade Organisation (WTO) following the Uruguay Round in 1994. The WTO is a permanent body that is responsible for establishing and further entrenching rule based trade and for managing the rule based world-trading system (Hill, 2003). These developments have contributed to the reduction of trade and investment barriers and lower restrictions on capital flow. These have in turn facilitated the globalisation of markets and production. In addition to reducing trade barriers, many countries have also been progressively removing restrictions to foreign direct investment that has further boosted world trade growth. However, whether the removal of those barriers to trade is a good thing is a debatable issue. Many developing countries would argue that given their intrinsically different economic underpinnings, it will be almost impossible for them to compete on a level playing field as is propounded by globalisation. They have further advanced that these barriers or protectionist measures are extremely important in that they provide in most cases a market for the developing countries exports. 2. Technology Over the last decades there has been significant technological advancement. The microprocessor revolution is perhaps the one that has had the most significant impact. Microprocessors are the underlying components that have fuelled the advancement in global communications. These include satellite, optic fibre and wireless communications as well as the computing revolution that has borne the Internet, the worldwide web and provided the possibilities of e-commerce. These technological developments have contributed to the globalisation of markets and production, through better communication, and integration of worldwide activities. It has also facilitated the speedy global transfer of funds and capital, which further fuels globalisation. Other technological advancements that have contributed to globalisation include that of jet travel and containerization. Jet travel has enabled the rapid and widespread movement of people and goods across national borders (Hill, 2003). This has facilitated the setting up of new businesses, partnerships and negotiations across borders and has also helped in the co-ordination and integration of worldwide business activities. 3. Changing World Order The fall of communism in the late 1980s has led to moves away towards democratization of countries in Eastern Europe and the former Central Asian Republics. Many of the former Iron Curtain Countries are more amenable to free market policies which are in turn conducive to globalisation. Thus, it can be argued that a shift in political ideology towards capitalism has been an important determinant of globalisation. 4. Convergence of Industrialisation Strategy Towards An Export Oriented Platform To the classical economists, trade was seen as an engine of growth as it facilitated the exploitation of comparative advantage. But, by the 1950s, it was obvious trade was not having the expected propulsive effects because of imperfections in international trading systems, such as oligopolistic competition, discriminatory pricing, product differentiation and high tariff barriers. As a result, many nations adopted an import-substitution  [3]  strategy in a bid to reduce their import dependency. Import-substitution strategy entailed a high level of protection, via tariffs, import restriction measures and quotas, which discriminated against exports via explicit and implicit tax of export activities and an overvalued foreign exchange rate. Also, the government used investment license, differential taxes, tax holidays, exemptions and remissions to influence resource allocation between industries and sectors. The proponents of IS strategy firmly believed that they would be able to meet the domestic demand for manufacturing products; provide employment opportunities for skilled labour; ease pressure on the balance of payment and strengthen the long term productive capacity of the economy by importing the production technology via foreign firms  [4]  and by using the infant industry argument. However, the overwhelming consensus is that IS was a failure  [5]  . IS strategy has turned out to be self-defeating since it has resulted in huge increases in imports of equipment and inputs while transfer pricing constituted a severe drain on foreign exchange. Also, IS granted excessive protection to industries producing inefficiently non-essential goods for high-income elite. Furthermore, fiscal credit and exchange rate policies, coupled with subsidies on imports of capital goods, made it possible and advantageous to entrepreneurs to rely on high capital intensive equipment produced abroad and technology unsuited to the factor proportions prevailing in less developed countries. As a result, a new orthodoxy emerged in the late 60s and early 70s which stressed the role of exports of labour intensive manufactures as an engine of growth. This represented a return to the static theory of comparative advantage with trade based upon different factor proportions prevailing in various countries which meant that the pendulum turned full swing for development policy in LDCs from import substitution to manufactured exports. Export oriented strategy not only encourages free trade  [6]  , but also the free movement of capital, labour, enterprises and an open system of communication. It also entailed more efficient allocation of resources with firms competing internationally  [7]  based on their relative comparative advantages. These considerations, coupled with the emergence of trade blocks, were factors motivating changes in the strategic orientation of MNEs. MNEs underwent a complete restructuring of their global and regional supply profiles. This entailed locating  [8]  manufacturing operations in only a few countries but exporting for a wider market. Each subsidiary were opened to a fully competitive market situation which permitted the realisation of economies of scale and the attainment of optimal efficiency in production (Pearce, 1999). The where to produce clearly gained in prominence during such an era which led to MNEs redistributing their unchanged ownership advantages in order to create an international network of subsidiaries  [9]  which optimised their supply of established range of products. Thus, investments undertaken by MNEs were mainly of an efficiency-seeking nature. 5. Emergence of Regional Trade Blocks Members to a regional initiative have to work towards a reduction or complete harmonization of their tariffs. Such a step taken by these members (most of which are signatories to the WTO) is seen as a partial liberalization initiative and is the first step towards complete liberalization which is propounded by the WTO. 1.4 ADVANTAGES OF GLOBALISATION Faster Growth Economies that have in the past been open to foreign direct investment have developed at a much quicker pace than those economies closed to such investment. E.g. China as opposed to Russia. Cheaper Imports This is simply because the reduction of barriers to entry such as tariffs on imports will lead to a fall in price. New Technologies Developing countries, more receptive to FDI, have a greater chance of acquiring new and better technologies through diffusion and spillover effects. Spur of Foreign Competition Foreign competition will encourage domestic producers to increase efficiency. Increased Investment Opportunities Companies can move capital to countries that offer the most attractive investment opportunities. This prevents capital being trapped in domestic economies and earning poor returns. 1.5 DISADVANTAGES OF GLOBALISATION Culture The protection of its own culture through subsidies and grants may be a major hold back of globalisation. Local focus or Localisation Douthwaite (1996) believes that globalisation can and should be reversed. He argues that localization is the way to do this. He calls for a balance between local, regional, national and international markets since this would curb the control given to multinationals. He also argues that governments should work together to reduce the power of multinationals by negotiating new trade and treaties that would remove the subsidies powering globalisation and give local production a chance. Loss of jobs in developed economies Because of increased competition as a result of globalisation, firms are increasingly shifting their production plants to cheaper locations to reduce costs. This has led to an increase in the level of unskilled unemployment. Loss of Sovereignty Many anti-globalisation campaigners argue that countries are increasingly losing their sovereignty and powers to implement local decisions because of the powers provided to the WTO. Technology Although it is one of the most important drivers of globalisation, technology has nevertheless widened the poverty gap. Developing and less developing countries inability to adopt new technologies entails that they are unable to compete against their developed countries counterparts. EXERCISE Please insert case study entitled Globalisation: Boon or Bane 1.7 SUMMARY Globalisation of markets has caused moves towards a single homogeneous global market whereby consumer preferences are converging towards a global norm. One of the strong proponents of such an argument was Levitt (1983) who argued that companies needed to view the world as a single homogeneous, global market for products and services. It could be argued that the following factors could be considered as the main drivers of globalisation: technology, changing world order and the dismantling of barriers to trade, convergence of industrialization strategy and the emergence of RTAs. Some of the main advantages of globalisation are namely faster growth, cheaper imports, new technologies, spur of foreign competition and increased investment opportunities. Some of the negative consequences of globalisation are loss of sovereignty, loss of jobs in developed countries and a widening poverty gap. SUGGESTED READINGS Hill, C.W.L. (2005) International Business. Competing in the Global Marketplace, 5th Edition, New York, NY: Irwin-McGraw-Hill Inc. Hill, C.W.L. (2003) International Business. Competing in the Global Marketplace, 4th Edition, New York, NY: Irwin-McGraw-Hill Inc.

The International Monetary Fund (IMF) Essay -- essays research papers

â€Å"If you owe your bank a hundred pounds, you have a problem; but if you owe it a million, it has.(1)† In the year of 1327, Kind Edward III of England defaulted on his Italian debts. This caused the banks of Bardi and Peruzzi in Florence to collapse. Who would know that over 650 years later, the world would still have these types of problems? After World War II, the need for an organization like the IMF was finally realized. After the war, politicians and economists began to work on blue prints for a postwar world. They envisioned a liberal international economic order, based on stable world currencies and revived world trade. The International Monetary Fund (IMF) finally came into existence on December 27, 1945. On this date, twenty-nine countries signed its charter when meeting at Bretton Woods, New Hampshire. On March 1, 1947 the IMF came into financial operations. The IMF was established to promote internal monetary cooperation through a permanent institution, which provides the machinery for consultation and collaboration on international monetary problems. Also, it provides temporary financial assistance to countries under adequate safeguards to help ease balance of payments adjustments. In addition, it facilitates the expansion and balanced growth of internal trade. Many critics and even followers of the IMF do not even know what the IMF really is. It is not a development or even a central bank. It is a credit union. It pays interests on deposits it receives from member nations. The IMF lends money to members having trouble meeting financial obligations to other members, but only the condition that they undertake economics reforms to eliminate these difficulties for their own good and that of the entire membership. Some people believe that if the IMF tells a country to do something, they must do it. This statement is false. The IMF has no authority over the domestic economic policies of its members. The IMF is a cooperative institution that 182 countries voluntarily joined because they see the advantage of consulting with one another to maintain a stable system of buying and selling their currencies. All 182 members of the IMF contribute to a pool of funds that the agency then taps to aid troubled countries. The IMF currently has around 200 billion dollars. The U.S., Germany, Japan, Britain, France, and Saudi Arabia make up over 35 percent of thi... ... sums of money that could be spent on education to debt repayment. Structural adjustment makes the problem worse, as the IMF demand government spending cuts and privatization measures in education. What money remains for education goes to primary schools, with education beyond elementary levels shifting to a fee-for-service basis. In Mexico, the Bank advised the government to abolish constitutionally guaranteed free education at the national university, provoking a lengthy student strike. The rich get an education. The poor get sweatshop jobs. So, what do I think? Well, the IMF is a good program. It has worked in the past and it will continue to work in the future. It has proven that is has the necessary elements to be a successful worldwide organization. However, small adjustments do need to be made, as no organization is perfect. The IMF regularly talks about how it is doing things for the future, and not the present. I feel that the IMF should start fixing some of the current problems. This will give those countries confidence in the fund. They’ll feel that they can trust the IMF. In conclusion, the IMF is an organization that can help the world, just with small adjustments.

Lives of Women in the Renaissance Essay -- European History Feminism F

Lives of Women in the Renaissance The renaissance began a momentous time in the history of Western Europe. Many new forms and styles of arts, literature, and customs emerged during this period. Economic, social, and cultural changes affected the lives of everyone. Particularly the role of women in society was affected. There were four categories of women: wives, mothers, widows and daughters. Within each of these categories, certain duties were expected. Jacob Burckhardt once wrote, 'to understand the higher forms of social intercourse in this period, we must keep before our minds the fact that women stood on a footing of perfect equality with men.'. It is a widely known fact that this in no way was true. Inequalities between men and women have always affected society. Men were constantly gaining up on women and spoke of them with contempt. They believed that woman was more sinful than man. This belief goes back to original sin when Eve had been seduced by the devil. Eve's actions made men assume that women deserved to suffer. However, the Renaissance helped to narrow the gap between the two sexes. All women whether they are of noble blood, a shopkeeper?s sister, or a farm worker?s daughter, were placed on a higher pedestal then they had expected during this time. Women?s positions in society had effects on the Renaissance period just as great as any mans. Noble women don?t appear to have a hard life, but when you look between the lines they have it just as rough as any other women of that time. From the beginning, young women were required to learn the basic household skills that they would be expected to execute as wives and mothers. These women did perform textile work, but they did it for luxury, they did not actu... ...his time. The highest praise which could then be given to a woman was that she had the mind and the courage of men. Although they did earn some rights, women were still forbidden to hold office, paternal powers in the family, receive inheritance and many other things. The wealthy women who were fortunate enough to receive a small form of education potentially could have done much more if they were given the same opportunities that men were given. Labor class women who did everything around the house, from shearing the sheep to raising the children, were also highly depreciated. The Renaissance in Western Europe brought forward new ideas and as Renaissance is defined, ?the revival or rebirth? so was the circle of society surrounding the women. Women were given the chance to take the higher step in society, which they tried jumping on, but were often pushed back down. Lives of Women in the Renaissance Essay -- European History Feminism F Lives of Women in the Renaissance The renaissance began a momentous time in the history of Western Europe. Many new forms and styles of arts, literature, and customs emerged during this period. Economic, social, and cultural changes affected the lives of everyone. Particularly the role of women in society was affected. There were four categories of women: wives, mothers, widows and daughters. Within each of these categories, certain duties were expected. Jacob Burckhardt once wrote, 'to understand the higher forms of social intercourse in this period, we must keep before our minds the fact that women stood on a footing of perfect equality with men.'. It is a widely known fact that this in no way was true. Inequalities between men and women have always affected society. Men were constantly gaining up on women and spoke of them with contempt. They believed that woman was more sinful than man. This belief goes back to original sin when Eve had been seduced by the devil. Eve's actions made men assume that women deserved to suffer. However, the Renaissance helped to narrow the gap between the two sexes. All women whether they are of noble blood, a shopkeeper?s sister, or a farm worker?s daughter, were placed on a higher pedestal then they had expected during this time. Women?s positions in society had effects on the Renaissance period just as great as any mans. Noble women don?t appear to have a hard life, but when you look between the lines they have it just as rough as any other women of that time. From the beginning, young women were required to learn the basic household skills that they would be expected to execute as wives and mothers. These women did perform textile work, but they did it for luxury, they did not actu... ...his time. The highest praise which could then be given to a woman was that she had the mind and the courage of men. Although they did earn some rights, women were still forbidden to hold office, paternal powers in the family, receive inheritance and many other things. The wealthy women who were fortunate enough to receive a small form of education potentially could have done much more if they were given the same opportunities that men were given. Labor class women who did everything around the house, from shearing the sheep to raising the children, were also highly depreciated. The Renaissance in Western Europe brought forward new ideas and as Renaissance is defined, ?the revival or rebirth? so was the circle of society surrounding the women. Women were given the chance to take the higher step in society, which they tried jumping on, but were often pushed back down.

Vanguard Case Analysis Essay -- Business and Management Studies

Vanguard Case Analysis After reading through the Vanguard case, there were a few difficult forks in the road that Vanguard seems to be facing. The company’s future can be greatly affected by some of these difficult choices. Vanguard has to decide whether to change their investment offerings, further develop Internationally, or to simply advertise to increase their client base. Top managers at Vanguard have to step up to the plate and rollout detailed plans as to what path the company should take regarding some of these issues. Through our in-class discussions, the majority of the students argued on one major problem that Vanguard was facing. The problem entailed Vanguards ability to increase future customers without increasing costs. Markets are ever-changing, and the ability of companies to adapt to these changes is the key to survival. One company mentioned specifically in the case was Citigroup. Their ability to adapt to market changes and become a giant in the investments segment as a â€Å"one-stop financial supermarket† is a prime example. Should Vanguard take on this type of adaptation or stick to their current business objectives? One interesting quote Brennan in the case stated â€Å"In the future, nothing about Vanguard’s values will change,† but â€Å"everything about the way we do business must change.† With this in mind, the question is what must change for Vanguard to succeed and continue to earn revenue and gain customers without increasing costs? ...

Factors in a child’s development Essay

Family is one of the biggest external factors in a child’s development. The first three years of a child’s life are when their foundations are laid out influencing what type of a person they may grow up to be. A child who is given lots of love, attention and guidance are more likely to thrive compared to those who are ignored. At this very early age parents and siblings are the most important thing in a child’s life so everything they do can influence a child, this is when they first start to imitate other peoples actions so if a child is in a stimulating environment then they are more likely to want to continue to be stimulated when they reach school age. Friendships are also a major factor, by the age of three children start to form strong friendships. Friendships may begin to influence behavior, in a positive or sometimes a negative way. They will start to learn how to listen to other people’s opinions and also how to voice their own views. Read more:Â  Explain how children and young people’s development is influenced by a range of external factors essay It’s when children start making friends that their personalities really start to develop and they start either start to become a leader or a follower. Peers may become a big influence over their likes and dislikes. What a child eats also plays a big part in a child’s development both in a physical and mental way. Calcium, protein and fats are all essential in a child’s diet to help them grow. When a child starts school it becomes more difficult from a parents prospective to supervise what children are eating especially in children of high school age, too much sugary and fatty foods can lead to children becoming over weight and lacking in energy. It is important for schools to take an active approach in what children are allowed to eat when possible. In today’s world of high technology the media is also a big factor in how children develop. The television can be an amazing aid in a child’s development if watched in moderation. A child that spends too much time in front of a television may run an increased risk of becoming over weight and children who view violent television shows show a tendency towards an aggressive behavior. Social media is also taking a part in children’s developments as friendships are formed with people from all over the world that once would not have been accessible unfortunately it can also have negative results as children can be bullied without an adult around to help them and can lead to a very low self esteem.

Too Much Pressure

Colleen Went states that cheating has been on the rise due to the fact that many teachers accept it. The teachers knew that these things went on, yet nobody seems to do anything about them. With so many people cheating, teachers have a hard time tracking down who cheated and who didn't. Teachers assign homework every day, and they have over a hundred students. With so much assignments pouring in to be graded, teachers usually have students peer edit the assignment or they Just glance at it.The student could have Just written down something foolish and the teacher wouldn't notice. On account of this, many teachers think cheating is fine. Because many teachers ignore cheating that is occurring right under their noses, so many students get away with It. The lenient consequences that are given to students for cheating, is another factor that is causing an increase in cheating. Penalties for getting caught cheating are mild. If someone was caught cheating, that assignment or test is usual ly confiscated, and you ere given a zero for that assignment.However, your parents were not called, and you were not suspended. Getting a zero on one assignment doesn't hurt that much and the cheater doesn't even learn a lesson. Due to the light consequences, students cheat even more in school. Colleen Went used exposition style of writing. Through exposition, she informs, explains, and clarifies her ideas and thoughts. Exposition goes beyond description to help the reader understand with greater clarity and depth the Ideas and thoughts.