Friday, October 18, 2019

Assess the importance of Kerensky, Trotsky and Lenin in the outcome of Essay - 1

Assess the importance of Kerensky, Trotsky and Lenin in the outcome of the February and October revolutions of 1917 - Essay Example 12). In 1912, Kerensky was elected to become a member of the Fourth Duma in which he represented the Trudoviks. Kerensky was an active member in both camps of the Petrograd Soviet and the provisional government. It is worth noting that initially he was used as a bridge between the two principal bodies. During his time in the provisional government, he was the minister for justice, war, and became the prime minister later in his career (Acton, Cherniaev, & Rosenberg, 1997, p. 56). On the other hand, Lenin believed that Kerensky was not taking the Russians to the right direction and as a result, he used the Bolshevik party to engage the people in a revolution. The Russians were against the First World War and they thought that the Tsars were not fighting for their rights. When Lenin got the control of the government, he became more tyrannical than any other ruler in the history of Russia. This is despite the fact that the Russians believed that Lenin would fight for the rights of the common citizen (Kennan, 1989, p. 194). Strikes, food riots and the ensuing war made Russia ungovernable. When Lenin arrived by train from Switzerland, he was against the war and could not stomach Kerensky because he thought that he was not for reforms. Lenin mobilized the people and especially the army by promising them economic reforms and ending the war. Leon Trotsky was born by the name of Lev Davidovich Bronshtein and he initially supported Meshevik Internationalists. Prior to October Revolution, which occurred in 1917, he had joined the Bolshevik Party. He went ahead and became a prominent leader of the Bolshevik party. Despite the fact that he supported people and workers, he was later removed from power by the rise of Josef Stalin. By the time the February Revolution erupted during 1917 spring, Kerensky was among the most vocal leaders for the revolution. The fact that he was an

Thursday, October 17, 2019

International Bank Essay Example | Topics and Well Written Essays - 500 words

International Bank - Essay Example With this combination of traits, F.C. will be perceived by her subordinates as highly professional and a less emotionally-attached supervisor. With the probable high-esteem perceived by these loan officers, they are being sent a clear and firm directive that this boss ‘means serious business.’ Thus, F.C.’s work characteristics will positively impact the subordinate loan officers’ behavior through the reinforcement of discipline and due diligence. To aid me in deciding which candidate is best for the position, I may require the invaluable information about the candidate’s capacity to solicit and rationalize the subordinate’s responses on the bank’s organizational approaches. This capacity is important because an understanding of the subordinates’ behavior is the primary key in formulating solutions in work problems like selling loans to low credit-worthy clients to reach or exceed the allotted quota, or lowering the set standards to accommodate all types of clients. Another criterion for judging the candidate’s suitability in the position is the capability to enforce individual accountability among the subordinate loan officers. The lack of such accountability may be the probable culprit behind the loan officers’ reckless exposure of the bank to financial risks. Moreover, the bank evidently fails or has a considerable lapse in enforcing accountability to these loan officers (else there would be no financial bath). The candidate who possesses such enforcing capacity and serves as a model of accountability has the potential to further and reinforce the bank’s risk-mitigating measures. For this particular supervisory position, personality assessment should be given as much weight as the technical qualifications. This is because technical tasks are difficult to delegate or coordinate without a healthy framework of soft skills. Moreover, decisions and actions are

Disaster communications Essay Example | Topics and Well Written Essays - 250 words

Disaster communications - Essay Example Consequently, the soviets were quick to react and sent two fighters so that they can intercept the intruding plane. After dialogues between fighter pilots and soviet control, the fighters were able to locate the Korean plane quickly and attempted to contact the pilot of the passenger plane. However, after failing to get a feedback from the pilot, one of the fighters lost patience and fired a missile to the plane, making it to plummet into the Sea of Japan, leaving 269 people dead (Grier, 2013). This is a clear illustration of how poor communication can result to severe damages such as death and destruction of equipment. The incident claimed innocent lives due to poor communication. A single action that would have prevented this occurrence was swift responding. The pilot of the Korean plane would have responded to the soviet fighters because he was aware that he was flying on unauthorized space. In the event that he had communicated adequately, the fighters would have allowed the pilot to use the Russian space. Conclusively, implementation of proper communication is possible and prevents occurrence of similar incidents in

Wednesday, October 16, 2019

International Bank Essay Example | Topics and Well Written Essays - 500 words

International Bank - Essay Example With this combination of traits, F.C. will be perceived by her subordinates as highly professional and a less emotionally-attached supervisor. With the probable high-esteem perceived by these loan officers, they are being sent a clear and firm directive that this boss ‘means serious business.’ Thus, F.C.’s work characteristics will positively impact the subordinate loan officers’ behavior through the reinforcement of discipline and due diligence. To aid me in deciding which candidate is best for the position, I may require the invaluable information about the candidate’s capacity to solicit and rationalize the subordinate’s responses on the bank’s organizational approaches. This capacity is important because an understanding of the subordinates’ behavior is the primary key in formulating solutions in work problems like selling loans to low credit-worthy clients to reach or exceed the allotted quota, or lowering the set standards to accommodate all types of clients. Another criterion for judging the candidate’s suitability in the position is the capability to enforce individual accountability among the subordinate loan officers. The lack of such accountability may be the probable culprit behind the loan officers’ reckless exposure of the bank to financial risks. Moreover, the bank evidently fails or has a considerable lapse in enforcing accountability to these loan officers (else there would be no financial bath). The candidate who possesses such enforcing capacity and serves as a model of accountability has the potential to further and reinforce the bank’s risk-mitigating measures. For this particular supervisory position, personality assessment should be given as much weight as the technical qualifications. This is because technical tasks are difficult to delegate or coordinate without a healthy framework of soft skills. Moreover, decisions and actions are

Tuesday, October 15, 2019

Impact of an Education on the Economy of the States Essay

Impact of an Education on the Economy of the States - Essay Example Economists measure the prosperity of a country depending on the number of the educated populace because success is dependent on the education of a state. The educated populace in a country sets the pace for development that students who are still in schools need to follow. They set standards that students should meet so that the state obtains a high-quality education. Through this, most state result to have a productive population. This is evident in countries that are economic power yet they lack natural resources like gold, copper, or oil. The educated populaces in a state act as trendsetters in developing skills and knowledge through educating the rest of the population on the importance of education. This is evident in recent days because it has seen an expansion of sectors concerned with education. The number of schools and universities has significantly increased due to the influence of the educated populace. The educated peoples act as teachers and lecturers in classes that deal with technology advances. Education is possible to contribute to technology change and capabilities in countries industry. From a study, it was clear that educational level and skills of workers relates to the rate of technical change of a firm in a positive way. It will encourage an increase in education level and prosperity of a country (Bourguignon, Elkana and Pleskovic 21). Education in many countries has paved the way for innovation in various sectors. Innovation in research, training, and different areas is inclined to improve by having good and quality education. It will persuade many people to pursue an education in many countries. Innovation in health, agriculture, and the technology sector has encouraged students to continue their ambitions to become productive people in the society driven by their interest in having a prosperous country.

Aims and Objectives for a Selected Business Essay Example for Free

Aims and Objectives for a Selected Business Essay †¢Describe what is meant by SMART objectives. An objective that follows SMART is more likely to succeed because it is clear (specific) so you know exactly what needs to be achieved. You can tell when it has been achieved (measurable) because you have a way to measure completion. A SMART objective is likely to happen because it is an event that is achievable. Before setting a SMART objective relevant factors such as resources and time were taken into account to ensure that it is realistic. Finally the timescale element provides a deadline which helps people focus on the tasks required to achieve the objective. The timescale element stops people postponing task completion. †¢Choose a business and describe its aim and 3 SMART objectives for how they can achieve their aim. TESCO: oTesco want to be able to keep their carbon emissions down by making new buildings, they also want to make their business objects which have to follow this method Specific this means that the business can make some specific objectives that the business wants to achieve, so if they want to hit a certain target of profit within a year they have to make a business plan or model to follow to achieve their goal. oMeasurable this means that if a business wants to make some money, they can measure it in a certain amount of time, so if a business can make  £1000 pound in a month, then maybe next month they could forecast making an increase of that amount by studying the business activities throughout that month. Achievable this means that a goal that the business can achieve with in a time period, so if a business wants to make  £1000 pound of profit in a month, then they could make it happen with the products that they might have to sell. oRealistic this means that a business has to make realistic goals which that they can achieve, so things like making  £1,500 pounds in a week, this is a realistic goal because it could be made depending on the sales in the that week. oTime related this means that each objective is set with in certain time, so it is like a dead line, if a business sets out to make and sell 5 computers in two weeks, then they now have time to create the product and then sell it within the time set.

Monday, October 14, 2019

Analysis The Uk Oil And Gas Industry Environmental Sciences Essay

Analysis The Uk Oil And Gas Industry Environmental Sciences Essay With this report is a PESTE Analysis of The Upstream Oil and Gas Industry in the United Kingdom. An analysis of the factors affecting the industry shows that it operates under legal, fiscal and environmental regulations where prices are determined by international organisations like the Organisation of Petroleum Exporting Countries (OPEC) and the Organisation of Economic Cooperation and Development (OECD). The Upstream Oil and Gas Industry in the United Kingdom is a mature one, and after 40 years of offshore exploration, the country remains self sufficient in oil and gas. This is an important sector for the UK, supplying the majority of the countrys energy needs, and virtually all the countrys transport fuel. Economic factors that affect the industry are oil demand, price, production, investment and employment. Awareness of sustainable development and renewable energy sources is the major social factor. Technology plays a crucial role in reducing the costs of exploration and producti on of oil and gas, in addition to making the process safer and more environmental friendly. There is considerable attention being paid to the affect of oil exploration operations on the environment, and this will also determine the future of the industry. The three scenarios that can emerge for the industry mainly depend upon the oil and gas reserves left in the North Sea, the viability of their exploration and the development of alternative renewable energy sources. Introduction PESTE Analysis of the UK Upstream Oil Gas Industry What is a PESTE Analysis? PESTE shows which external factors are influencing a business or an industry, also measuring the market potential and situation. This report is to understand and assess the various determinates of the external environment that influences the UK Upstream Oil Gas Industry. The factors assessed include Political, Economic, Socio-cultural, Technological and Ecological. Once completed this PESTE model will provide an in-depth understanding of the situational factors that affect and have the potential to affect the UK Upstream Oil Gas Industry now and in the future. Political / Legal Factors Political stability and a good law and order situation are conducive to the smooth functioning of the upstream oil industry. Wars and terrorism can prove detrimental to operations. There are also several legislations passed by individual governments and associations who affect the functioning of the industry. 2.1 Legislation The Upstream Oil Industry in the United Kingdom is well regulated. In addition to the laws and regulations governing business in general, there are several laws that pertain to the Oil Industry specifically. Petroleum Act 1998 (www.hmso.gov.uk/acts/acts1998/19980017.htm) Hydrocarbons Licensing Directive Regulations 1995 (http://www.hmso.gov.uk/si/si1995/Uksi_19951434_en_1.htm) Master Deed System 2003 (www.gnn.gov.uk/gnn/national.nsf) The Offshore Installations (Emergency Pollution Control) Regulations 2002 (http://www.legislation.hmso.gov.uk/si/si2002/20021861.htm) The Offshore Chemicals Regulations 2002 (http://www.legislation.hmso.gov.uk/si/si2002/20021355.htm) The Offshore Combustion Installations (Prevention and Control of Pollution) Regulations 2001 (http://www.legislation.hmso.gov.uk/si/si2001/20011091.htm) The Offshore Petroleum Activities (Conservation of Habitats) Regulations 2001 (http://www.legislation.hmso.gov.uk/si/si2001/20011754.htm) 2.2 Taxation The North Sea Tax regime has three tiers, Petroleum Revenue Tax (PRT), Corporation Tax and a Supplementary Charge of 10%. The Budget proposals for 2004 are to remove from the scope of PRT, new tariff business. 2.3 OPEC OECD The Organisation of Petroleum Exporting Countries (OPEC) was formed in 1960 with 5 members. By the end of 1971 six other nations had joined. OPEC stabilizes prices in the international Oil markets with a view to eliminate fluctuations, by setting the production quotas in the member countries. Oil Price History Analysis. WTRG Economics In contrast, the Organisation of Economic Cooperation and Development (OECD) was instituted to counterbalance the role of OPEC and has a membership of 30 countries. The core of original members was located in Europe and North America but has expanded to include Asia, Latin America and the former Soviet bloc. Economic Factors As in every industry, there are economic factors affecting the health of the industry. It is abundantly clear that economic growth will remain the primary driver of energy demand. 3.1 World Economic Growth Oil Demand The global economy has grown at an average rate of about 3% per year since 1970, and the expectation is that it will continue to grow at the same pace over the next two decades (Raymond, Lee R., (2003). The most important factor governing upstream activities is the demand for Oil, which continues to increase. 3.2 Oil Prices Crude oil prices behave much as any other commodity with wide price swings in times of shortage or oversupply. Currently the Brent Crude price is around $30 per barrel  and is heavily influenced by the current world oil price set by the OPEC and OECD. 3.3 Oil Production The current production rate is around 4.25 million boe per day (North Sea Oil Leopard Magazine 2003) this is expected to decline to 3.6 million boe per day by 2005. By 2010 the government has a target of 3 million boe per day, although some industry experts reckon that production will be below 2.5 million boe per day. 3.4 Employment in the Oil Industry The Oil Gas Industry in the UK, employs around 300,000 staff in exploration and production. Skill levels and multi-skill training are important issues keeping in view the technology improvements. 3.5 Financial Investment Investment in upstream infrastructure like pipelines, tankers etc. results in more exploration activity. Socio-Cultural Factors The Upstream Oil Gas Industry is indirectly affected by socio-cultural factors. 4.1 Awareness about Sustainable Development Conservationists and more recently the general public are showing concern about saving non-renewable energy sources and switching to renewable energy sources. 4.2 Health Safety at rigs The perception of the Oil Industry has always been that it is a dangerous environment to work. Since the Piper Alpha disaster there has been a more conscious effort by the HSE and Industry bodies to make it a safer place to work. With the perception now changing the UK Upstream Oil Industry is now attracting a better quality of manpower. Technological Factors New upstream technologies will increase access to economically exploitable new liquids and gas reserves and reduce exploration, development and production costs. They will also mitigate adverse environmental efforts and risks to public health and safety from exploration and production activities.  Technology and RD activities will be responsible for the development of alternative energy sources. 5.1 Improvements in Oil Exploration Production In the past 10 to 15 years research and development within Oil and Service Companies has seen the development of powerful new and advanced technologies and tools for use in exploration, reservoir evaluation and production. Some of these are:   3D, 4D, 4C Seismic Imaging. Horizontal, Directional and Multilateral Drilling. Advanced Drilling Completion and Stimulation Technologies. Logging Tools and Nuclear Magnetic Resonance Imaging (NMRI). Intelligent Completion Reservoir Life Extension. New Energy Technologies in Upstream Oil Gas. The Middle East Economic Survey. 28th October 2002 5.2 Renewable Energy Technology There are a wide range of renewable energy sources available and in the process of development and use. These are Biomass, Electricity, Geothermal, Hydropower, Solar, Wind and Tidal energy. Ecological / Environmental Factors The exploration, drilling and use of oil and gas will have to be kept in check due to the detrimental effects on the world ecosystem. 6.1 Ecological Impact The ecology of the North Sea has deteriorated over 30 years of oil exploitation in spite of anti pollution regulations. Discharges of oil and chemicals have various lethal and non-lethal effects on fish, birds, molluscs, cetaceans and other mammals (The Oil Gas Industry A guide for UK Activists. Corporate Watch.) Seismic surveying, drilling and rig installation cause disturbance to seabed ecosystems. The numbers of certain varieties of fish have reduced drastically. 6.2 Climate Change The rampant use of oil and petroleum products leads to Carbon Monoxide emissions (The Oil Gas Industry A guide for UK Activists. Corporate Watch), resulting in the greenhouse effect. It has been proved that there is a rise in temperatures, which will eventually lead to the melting of icecaps, the reversing of the Gulf Stream, and eventually great changes in climate all over the world. Flooding and coastal erosion will lead to massive population migration and loss of infrastructure all over the world. Significant Issues / Trends in the UK Upstream Oil Industry 7.1 Reserves in the North Sea Basin There are 260 oil and gas fields currently under development or in production on the UKCS (248 in 2001), with remaining reserves in these developments of around 11 billion boe (Alexanders Oil Gas 2002). At the current rate of production, it will take around 10 years for the oil and gas to be exhausted. The future of the industry depends upon new finds and further development of existing fields 7.2 Viability of Exploration Initial indications from a new survey reveal the UK offshore oil and gas industry has reached a critical point in terms of its international competitiveness, with projections of investment growth not being matched by increased production volumes. New technological developments in the upstream oil field aim to improve recovery rates of existing reserves (typically only 35% of which are currently recoverable by primary and secondary recovery technologies) and also reduce relative costs. The volatility of the oil price has led to changes in the structure of the oil sector. There has been consolidation both horizontally and vertically in the traditional contracting supply chain. OPEC will continue to be a major force in setting world oil prices. Over 1998 / 1999 there was a severe reduction in oil price, but increases in the oil price since the end of 1999 have improved the cash flow for oil companies, however the recovery for the industry will depend on technology transfer and new oil finds. 7.3 Development of Alternative Energy Sources Technology has come a long way in recent years with individuals, communities and businesses recognising the benefits of switching to renewable energy. The Energy Saving Trust was set up by the UK Government after the 1992 Rio Earth Summit and is one of the UKs leading organisations investigating the development of alternative energy sources. Their goal is to achieve the sustainable, efficient use of energy and to cut carbon dioxide emissions being the key contributor to global warming. The use of alternative energy sources is one way to address this vital goal. Scenarios for the UK Upstream Oil Industry Based on the above three issues that affect the upstream oil industry in the next decade, there could be three scenarios: the optimistic, the pessimistic and the middle of the road. 8.1 Optimistic Scenario The need for affordable and clean energy will continue to increase, especially in growing economies as energy is of fundamental importance for the development of societies. The consumption of primary energy sources will increase over the next 20 year forecast and most of the increment in energy consumption will be in the form of fossil fuels (oil, natural gas, and coal). It is expected that fossil fuel prices will remain relatively low, and the cost of generating energy from renewable sources will not be competitive. The fiscal climate of the UK will encourage the long-term investment necessary to secure the development of those supplies. In the UK, PILOT a partnership of the UK Oil and Gas Industry and Government, will fulfill its vision set out for 2010. Over the next 25 years, the UK upstream industry will make 130 new discoveries and 240 new developments. Oil prices will stay at a high level and long term investment in new technology will increase productivity and find new sources of oil and gas. (About Pilot What is Pilot? Pilot. 2003) The industry will achieve a production level of 3 million barrels of oil equivalent per day in 2010 and a sustained investment level of  £ 3 billion per year. There will be a 50% increase in the value of industry-related exports by 2005 and additional revenue of  £1 billion from new businesses. There will also be a prolonged self-sufficiency in oil and gas for the UK with 100,000 more jobs than there would otherwise have been in 2010. (About Pilot What is Pilot? Pilot. 2003 8.2 Pessimistic Scenario Environmentalists and pro-conservation groups will influence all countries to maintain the delicate ecological balance of the planet by stopping the use of fossil fuels. UK government policy and programs will back alternative energy sources and the electricity generated will rise. At the regional level, the Energy Saving Trust will work with local authorities and a range of organisations to promote the implementation of alternative energy sources. The environmental programs and government policies, particularly those designed to limit or reduce greenhouse gas emissions will be implemented. More support and financial funding for long-term renewable options to bring viable options to the market will achieve this. The Government will exceed its committed target and will achieve a 50% renewables target by 2010. The manufacturing sector all over the world will proactively implement methods to use renewable sources of energy. In view of this, the price of oil will plummet, due to cleaner and cheaper alternatives for energy being available. The OPEC will loose control over regulating oil and the market will be competing with other sources of energy. This will reduce the investment in the upstream oil sector and the transfer of technology for exploiting oil more efficiently will slow down. Eventually, the phasing out and decommissioning of Oil rigs in the North Sea will commence earlier than expected. 8.3 Middle of the Road Scenario The production of oil and gas in the UK peaked in 1999 and will continue to decrease over the years if there are no new significant discoveries in the North Sea Basin (Analysis of the UK Oil Production. PeakOil. 22nd February 2001). In the meantime renewable energy sources will get a boost with more funding and research development efforts being committed in that direction. The new technologies being used to make oil exploration more cost effective will not be transferred effectively to the rig, due to a lack of investment and funding. The price of oil will not be high enough for a comfortable cash flow in the upstream oil industry. The OECD will govern the prices of energy, as it will increasingly become non-fossil fuel based. UK will export most of its oil to the developing countries whose infrastructure would not have been upgraded enough to use renewable sources of energy. Conclusion On analysing the PESTE factors affecting the Upstream Oil industry, it is apparent that the major issues that will impact the health and longevity of the industry are the remaining reserves in the mature North Sea Basin, the viability of exploration and the development of alternative renewable sources of energy. From my readings I feel that with the technology that is constantly being developed by the Oil companies Exploration and Production in the Upstream Oil and Gas Industry in the United Kingdom will continue steadily for at least another 20 years. Even with renewable energy sources becoming increasingly more evident, oil and gas will remain the most important fuels for the next 20-30 years. References Internet 1.Industry survey reveals challenges ahead for UK offshore oil and gas. Alexanders Gas Oil Connections. 27th November 2002. 2.Analysis of the UK Oil Production. PeakOil. 22nd February 2001. 3.The Oil Gas Industry A guide for UK Activists. Corporate Watch. Raymond, Lee R., (2003) The Petroleum Industry in the 21st Century: Building on a Great Legacy. World Energy. 6 (2): 24-29 4.About Pilot What is Pilot. Pilot. 5.UKOOA Sustainability Strategy Striking a Balance. UKOOA. 2002. 6.North Sea Oil Leopard Magazine Professor Alex Kemp 7.North Sea Oil and the UK Economy. UKOOA. 8.Oil Price History Analysis. WTRG Economics. 22nd 9.Is OPEC necessary? Oil Online. 25th November 2002. 10.New Energy Technologies in Upstream Oil Gas. The Middle East Economic Survey. 28th October 2002. 11.Forces Driving the Petroleum Industry in 2000 and beyond. Energy Saving Trust Website