Sunday, March 29, 2020
Social Cultural Environment of Kazakhstan Essay Example
Social Cultural Environment of Kazakhstan Paper The process of shedding the Soviet Union and starting anew as the democratic Republic of Astrakhan is made difficult by the fact that a large percentage of Astrakhan is not Khaki. According to the 2009 census there are two dominant ethnically groups in Astrakhan, they are ethnic Khakis (63. 1%) and ethnic Russians (23. 7%) with a wide array of other groups represented, including Ukrainians, Cubebs, Germans, Chinches, Koreans, and Ushers that is, virtually any group that has ever come under the Russian peer of influence. Many of the Nan-Khaki people of Astrakhan have met attempts by the Khaki government to make Khaki the central, dominant culture Of Astrakhan with great disdain and quiet, nonviolent resistance. Cultural values, symbols and norms. Khakis are historically a nomadic people, and thus many of their cultural symbols reflect nomadic life. Khakis are Muslim by history, and even after seventy years of Soviet atheism, they incorporate Islamic symbols in their everyday life. The traditionally Muslim tar and crescent can be widely seen, as can small Muslim caps and some traditionally Muslim robes and headscarves in the villages. The Khakis developed a patriarchal view of the world. They banded together in extended family groups to battle the hardships of the environment and to protect their cattle and their families. This was officially called ATA-balsas, which means the joining of a grandfathers sons into one tribe of extended family. The husband plays the primary role in family life and is ultimately responsible for the familys survival. Astrakhan is the only Central Asian republic that experienced no ethnic conflicts since independence. We will write a custom essay sample on Social Cultural Environment of Kazakhstan specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Social Cultural Environment of Kazakhstan specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Social Cultural Environment of Kazakhstan specifically for you FOR ONLY $16.38 $13.9/page Hire Writer The cultural characteristics of Astrakhan are different from the West, yet capable of creating a stable and reliable system of internal networking and support. Astrakhan is rich in social capital, which for centuries served well to ensure the survival and peaceful cohabitation of multiple social and ethnic groups Business Culture and Etiquette: Protecting relationships and peoples honor is important. As a result Khakis finesse what they say in order to deliver information in a sensitive and diplomatic manner. They tend to speak in a roundabout fashion rather than a linear fashion. They respond more favorably to gentle probing rather than direct questioning. At the same time, many Khakis have a somewhat volatile demeanor and can raise their voice to get their point across. They are known for their fierce arguments. You may wish to retaliate in kind, but do so cautiously as there is a fine line between standing up for yourself and appearing overly aggressive. Astrakhan is also an extremely hierarchical society. Everyone has a distinct place in the hierarchy based upon family relationships. People are respected because Of their age and position. Older people are viewed as wise and therefore they are granted respect. The ways of the elders is a popular expression that is used to explain why things are done in prescribed ways. Khakis expect either the eldest or the person with the highest position to make decisions that are in the best interest of the group. An indirect style of communication tends to be more effective than being overly direct, although Soviet influenced bluntness still remains strong-?your weight and level of attractiveness tend to be fair game for comments. Celebrated Holidays: Some of the principal secular celebrations are 8 March, Womens Day, a very important day in Astrakhan and celebrated by all. Women are honored on this day and showered with flowers and entertained with skits and jokes by their male coworkers and family members. Narrow, Khaki New Year-?a holiday mainly celebrated by Khakis on 22 March, but also observed by Gorky, Cubebs, Tureen, Iranians. It occurs on summer solstice. Khakis cook traditional foods, have horse races, and set up many yurts. Victory Day on 9 May commemorates the Soviet victory over Nazi Germany. Day of the Republic, 25 October, was the day independence was declared. This day is a day of Khaki nationalism, with many speeches, songs, and performances in Khaki. Independence Day is celebrated on 16 December-?this date Was chosen to remember the riots in Almost on 1 6 December 1986. The riots were the first display of Khaki nationalism and solidarity. Independence day is celebrated much like the Day of the Republic. People are always happy to host-?even if it puts a lot of pressure on them. Most Assistants will just show up to a friends house without alerting them beforehand. Conclusion: When under conditions of political and economic transition, political institutions proved incapable of establishing a stable and predictable system of support and protection, people turned to national traditions that code certain helping types of behavior as appropriate. The old codes of behavior and moral norms serve to ensure stability within groups and between groups as well.
Saturday, March 7, 2020
The Case of White River Health System â⬠Alternatives of Management Essays
The Case of White River Health System ââ¬â Alternatives of Management Essays The Case of White River Health System ââ¬â Alternatives of Management Paper The Case of White River Health System ââ¬â Alternatives of Management Paper Hospital management is faced by multitude of jigsaws that requires critical analysis, appropriate planning, accurate implementation, and adequate evaluation criteria. Such conditions are needed in order to ensure the stand of the hospital in various fields of importance. Healthcare depends on the managerial systems that interact with its subordinating members and wide scale contributing factors. Management of such firm is absolutely different from business proposals or legal confinements such that, hospitals deal with real life care management and critical health care supervision. However, the factors of business and legal protocols are also part of hospital founding, which interacts with essential qualifications that are required as well in hospital managing. Financial matters, relationship managements, and interaction with community itself are the fundamental requirements of hospital funding since, this firm ought to serve community itself hence, the data of funding needs to be assessed through this channels (Haux, Brigil Winter, 2004 p.12). In the course of the case study, the strategically reopening of the Eastern Ozarks Regional Health System (EORHS) under the management of Executive Officer, Gary Bebow, of White River Health System (WRHS) is elaborated and analyzed under principles of management. à There are a total of five alternative management approaches that are presented to Gary Bebow in aid of hospital management. The factors included in the case are scrutinized and categorized according to characteristics and functions. The main issue involves the opening of EORHS and its best placement in the society in order to function under maximum effectiveness in response to the people living in the community and nearby areas. Scope and Limitation The case shall revolve under the issue of EORHS opening under the leadership of Gary Bebow of WRHS together with the support systems and community citizens. We shall focus on detailed and objective approach in analyzing data and sequence of the problem. In the end of our case study, we shall determine five best possible management schemes for the reopening of the said hospital. As the goal for this paper is the achievement of the best possible managerial approach for the management of the reopened hospital through the use of critical analysis. The following objectives should be attained by the end of the paper: a.à à à To be able to present, define and evaluate five alternatives or strategies of management for the opening of EORHS hospital under WRHS b.à à à To be able to provide analysis and justifications for the strengths and weaknesses including the political and economic issues involved in these alternatives proposed c.à à à To be able to present one final recommended alternative accompanied by short-term and long-term financial impact on WRHS The whole course of study shall move under assessments of data gathered and planning phases only; since, implementation and evaluation are to be done after an organized actual proceedings. Note as well that the whole problem analysis and interpretations shall only revolve under these objectives and goal imposed. Moreover, the case shall provide hypothetical alternatives supported by basis from the case itself. II. Assessment Essentially, the initial phase of the case discussion is the assessment of data gathered and cues involved. It is important to determine this data in order to formulate the appropriate planning of the sets of alternatives. Data cues that have been gathered are sorted according to their categories, namely support systems, community needs, financial database, and patient projections (Geisler, Krabbendam Schuring, 2003 p.157). Various categories involve the appropriate information that serves as the basis of presented alternatives.
Thursday, February 20, 2020
Lawyering for a social change Essay Example | Topics and Well Written Essays - 750 words
Lawyering for a social change - Essay Example ome aspects of economic, social or/and political status quo believing that the societal conditions hinder the participation and adequate benefits for the subordinate people. According to Professor Martha Minow, defines political lawyering as an art that involves exacting efforts by using the law to alter the allocation of power or change the society. She connotes law to encompass both the customs of opposition and authority arising from the public institution and the formal rules promulgated by the different branches of government (Loewy, 2009). Social connotes the important links between culture and politics where people shape their ambitions and awareness for the society. The change includes both the discrete alterations and the processes of continuing and refurbishing constant challenge. The first contention is the impact of political lawyering on the relationship between a lawyer and the client. The contention focuses on how the political lawyers can influence their clients and how they may elevate the advantages of the cause of the individual client. The institutional role of a lawyer is to immerse himself in the position of his client and forcefully represent that interest in a legal way as soon as possible. The state of being a legal advocate in the legal system where the causes are not chosen encourages a non-evaluative, non-critical and uncommitted condition of mind. Client-centered lawyering is a traditional model of the relationship between a lawyer and the client where the clients have to bear all the consequences of their decisions suggesting the best position in understanding both non-legal and legal importance of their choices. The lawyer always has a duty of counseling his or her clients in an efficient manner by assisting them to explore the results of their actions where they can be able to make best decisions, which will serve their needs. The second contention is the anti-majoritarian use of the courts. The contention is based with an idea
Tuesday, February 4, 2020
Other Assignment Example | Topics and Well Written Essays - 1000 words
Other - Assignment Example While buying the television, the seller will have spent on something else thereby boosting the local economy. Therefore, in the perspective of the observer of these events, the ill behavior of the manââ¬â¢s son or breaking of the television set has stimulated the economy; however, according to Bastiat, the entire understanding exposes a fallacy. Looking at the concept brewed in this case, breaking of the television reduces the manââ¬â¢s disposable income that he may not be able to purchase; for instance, a new shirt or commit to other luxuries. Nonetheless, the breakage of the television is helpful to others; for example, the seller or the person repairing the television. It should be noted that despite the breakage of the television set being helpful to others; it robs industries and reduces the spending on other goods and or services. Replacing an item that was already bought is regarded as the maintenance cost as opposed to buying new items or items that the owner has never had (Rockwell and Ludwig Von Mises Institute, 2008). ... in Making Financial Decisions The most significant means in decision making including financial decision-making are the application logical and systematic decision-making processes. Application of application logical and systematic processes helps in time value analysis since they provide systematic and planned analysis. Therefore, it is vital that health care organizations to deploy organizational approach that incorporates application logical and systematic processes in making vital financial decision (Skousen, 2009). Applying this concept will ensure that they never miss profound factors in their decision-making. Six steps and practices can help the health care organizations to curb their challenges in financial decision-making. Creating a constructive environment for financial decision making A constructive environment for decision-making incorporates the establishment of objective of such decision making process. In other words, it is vital that the management of such health car e organization to define the parameters the health organization could achieve with their desired financial decision. Additionally, the management must thereafter agree on a working process to be deployed and this will call for the incorporation of the significant stakeholders in such decision-makings. Generating applicable and relevant alternatives This process shall provide the decision makers with more options to choose from towards comprehensive financial decisions. Generation of alternatives allows the management or the decision makers to have numerous ways of solving financial challenges. Therefore, unreasonable alternatives will only worsen the problem. Finally, generating alternatives will help organizations of ideas. Exploration of the alternatives This process ensures that only
Monday, January 27, 2020
The Iron Giant By Ted Hughes English Literature Essay
The Iron Giant By Ted Hughes English Literature Essay By using literary devices and humorous events to connect with children, Hughes keptà The Iron Giantà from being too frightening. For example, his beginning with a giant clumsily stepping from the side of the cliff exemplifies his methods of creating a childrens story because this beginning sets a comical, non-threatening tone as the foundation of the story. For instance, by using similes such as, tearing the wire from the fence post, rolling it up like spaghetti, and eating it, Hughes creates a humorous picture of a giant creature. Viewing a giant in this light-hearted way contrasts giants in typical childrens stories, such as ones present in Jack stories, where the giants are menacing creatures. By using comical situations, Hughes enables himself to address serious issues without being unbearable to children. This humorous depiction of the giant also strays from the portrayal normally seen in classic fairy tales and other fantasy stories. For instance, although in the story Hogarth is a small boy who wants to help save humanity, the giant ultimately saves the day. Because the giant takes on the hero role, it is very different from classic tales, where the giant normally portrays the bad guy. For instance, in classic Jack stories, such asà Jack the Giant Killer,à the giant plays the role of a wicked antagonist outsmarted by the boy. Contrary to this, Hughess giant poses virtually no threat to humanity, save the fact he eats all the metal that he sees; the giant does not fit the stereotypical giant role. This atypical character, an important development in recent fairy tales, shows itself in works such asà The Reluctant Dragon, where the dragon refuses to be a dragon. Zipes explains the reason for including atypical characteristics. He does not fit the stereotypical dragon that fights against men while breathing fire, but instead the boy and he work together to find a solution. This partnership effort of defeating an enemy also presides inà Jack and the Devils Daughter,à when Jack is able to outsmart the Devil with help from the Devils daughter. Likewise, there is a similar partnership shown in the end ofà The Iron Giantà when the giant, after being persuaded by Hogarth, uses his intelligence and non-human capability of withstanding fire to defeat the space bat angel dragon. Therefore, the giants portrayal creates a non-traditional giant story allowing for a deeper meaning. For example, Hughes uses the giant to address heavy issues that delve into meaningful subjects. These meaningful subjects include ones such as nuclear power, hidden beneath the complex story of a giant that appears bad but turns out to not be that way at all. Hughes excels in presenting the giant as a strong hero character. Hughes uses the giant to create an intelligent character, enabling the story to have the capacity to reach into profound subjects addressing threats to humanity. While Hughes used the giant as a hero, the space-bat-angel-dragon seems at first to act as the ultimate enemy; although, this character turns out to cause paranoia more than threatening situations. In his first showing in the story, for instance, the dragon fits the stereotypical adversary in classic tales, such asà Red Riding Hoodà where the wolf seeks to devour a small girl and a helpless grandmother. This storys character reaches deeper than his apparent devastative actions of ruining humanity, though. The space- bat-angel-dragon possesses a deeper character than the typical shallowness of the bad guys in classic fairy tales. à For instance, the dragon, after being defeated by the giant, breaks down, revealing he wasnt always a menacing monster the space-bat-angel-dragons ambivalent name suggests his complex character. For example,à space,à bat, andà dragonà paint a haunting or sinister character, while angelà implies kindness and helpfulness. In the story, the dra gon evokes feelings around both these types of characters. For example, at first he was threatening, but he eventually became helpful to humanity. This personality allows Hughes to suggest strong points concerning the use of power, The confrontation of serious topics and suggestions about society carries through the ending ofà The Iron Giant. Because the space-bat-angel-dragon realizes he does not need to be destructive and can benefit humanity, the anti-war and environmental protection theme jumps out.à The Iron Giantà concludes with a typical fairy-tale, happily-ever-after ending, but the story also presents strong statements about humanity and the way Hughes thinks humanity should exist. The former intimidating dragon causes peace on earth with his singing, Hughes ends his childrens story with his personal wish for all humanity-that humanity will live peaceable together without destructive motives. By using this message he sets his tale apart from other childrens tales by addressing these serious issues. While this message appears frightening, it is an important message that remains poignant and relative to todays society. Through its story-line and message,à The Iron Giantà presents itself as an entertaining story for children and adults. Its methods of making the story a childrens story, giants and space-bat-angel-dragons portrayals, the purpose, and the ending intermingle with ideas of the world and humanitys actions in the world. Hughes believed that children deserve to know the truth about the world they live in, which he accomplished in this story, while not frightening people of young ages.à With this belief, Hughes used strong overtones to create a meaningful childrens story about a desire for peace that is pleasing for many ages of people to read, while keeping the traditional fairy tale happily-ever-after conclusion.
Sunday, January 19, 2020
Blackstone Group Essay
The Blackstone Group (Blackstone) is a private equity firm founded in 1985 by two former employees of Lehman Brothers. In May 2007 the firm had $88.4 billion under management and had grown 41% annually since 2001. The firm operated in several business groups but distinguished itself from other firms by extensive collaboration across divisions. It was divided into Corporate Private Equity, Real Estate Funds, Marketable Alternative Asset Management, Corporate Debt Funds, and Advisory Services. In 2007 Blackstone started to evaluate the option of taking the firm public. Reasons why the firm should do an IPO, outlined by the firmââ¬â¢s internal project group, included: â⬠¢Permanent pool of inexpensive capital and a wider group of investors â⬠¢Long-term orientation in compensation package to employees â⬠¢Shares could be used as currency in transactions â⬠¢The firm would become more reputable â⬠¢Partners could monetize their ownership in the firm The firm also identified several drawbacks with going public, including: â⬠¢Quarterly reporting requirements leading to higher costs and more insights in the firm from the market â⬠¢Risk that the market is unable to tolerate the variation of earnings in the firm due to long-term focused investments â⬠¢Changing the firmââ¬â¢s structure and compensation system from a partnership to a corporation includes several challenges In 2007 the firm announced that it will go public and I will in the following five sections elaborate on some of the challenges the firm has to overcome and other implications following the IPO. 1.What are the built-in tensions with a public private equity firm? How does Black Stoneââ¬â¢s structure attempt to reconcile them? Openness vs. private governance A challenge for private equity firm when going public is that it looses the benefits associated with being private. In the case of Blackstone, the firmââ¬â¢s management mainly described the need for maintaining the current governance, where the partners manage the firm, in order to ensure the firm operates in the interest of its limited partners. To handle the tension between maintaining governance and comply with the rules for listed companies the firm chose to adopt a Master Limited Partnership (MLP). Fortress Investment Group, that went public during 2006, has used this structure and considering the share price of that firm, it seemed like the investors appreciated the structure. MLP is a limited liability company with units of the firm that can be traded on the stock market. The structure allows the firm to retain the limited partnership form of governance and hence, allow the management team to continue manage the firm. The unit holders (share holders) only have limited voting rights and cannot influence the management team in the firm. By choosing this structure the firm can maintain the decision power in the same way as when being a private company. There is however a risk that the firm should be aware of, the investors can use other form of pressure (media, etc.) to influence the managing partners. Short-term vs. Long-term perspective One of the advantages of being a private firm is that the firm only has to disclose limited information about its operations. Blackstone operates its investment on a long-term basis why the firm has a lot of variability in its earnings. As an example, a fund usually has a return that can be visualized in a ââ¬Å"J-curveâ⬠, meaning that the fund is basically loosing money in the beginning due to management fees but catches up in the long run. The stock market is known to be short-term focused and may interpret the fluctuation as negative news and therefore causing a fluctuation in the stock price or an undervaluation. Blackstone is basically using two ways to approach the problem. First, they are aligning the compensation to its employees so it serves the interest of both the limited partners (long-term) and the stock market (short-term). This is further elaborated in the fourth question in this paper. Second,à they are informing the potential investors through a prospect that holding a Blackstone unit (share) is different from other shares in the market. Third, to further smooth out potential fluctuations in the share price the firm guarantees a dividend during the first years after listing. The fact that the stock market tends to be short-term focused further shows the importance of having the MLP structure. To maintain the long-term focus on investments the firm needs to separate the governance of the firm from the shareholders and the limited voting rights will ensure this. 2.If you were a limited partner in Blackstone, how would you view the structure Blackstone has put in place to go public? As a limited partner in Blackstone I would consider the structure as chosen to ensure my interests. Given the fact that the firm chose to go public for the opportunities that a listing brings, it seems to be the best way of doing it. I would be most worried about that the firm would try too much to stabilize the share price and fulfil the interest of the shareholders by focusing on short-term profits. Many of the limited partners in a private equity fund are pensions funds or similar and do not mind to lock their money over a longer time period and, by doing so, seek the long-term profit that the private equity firm can offer. I will highlight the two things that make me confident that my interests as a limited partner will be maintained with the structure that the firm is implementing. First, the structure allows the governing rights of the firm to remain with the partners and therefore the firm avoids that the short-term oriented market gets direct influence over decisions. Second, according to the firm, the suggested compensation package should align the interest of the managers in the firm with the limited partners, or at least maintain it similar to before. However, I am slightly sceptical to this since the only thing that seems to change for them is that a part of their compensation comes in shares. Depending on how the stock market will turn out to react to news from the firm it might be so that the managers realize that they can earn more money by being short-termà focused and that would not be aligned with my interests. In addition, there are a few things that I am worried about as a limited partner despite the measures the firm has taken. The fact that the firm is a public firm is probably more prestigious for the managers than being private. Therefore I am afraid that the focus will gradually turn towards the interest of the shareholders. The firm does not want to have an underperforming or fluctuating stock in the long run and, if this seems to be the case, I am afraid that the limited partners long-term interest may be down prioritized. Another thing that is also worrying is the risk of losing competent people due to the changed compensation package. 3.Would you rather be a unit-holder in Blackstone or a limited partner? Everything taken into account I would rather be a limited partner in Blackstone. If the structure turns out to work the way that Blackstone says it will, the limited partner will be better off. From its history the firm has the competence and procedures to operate in the interest of the limited partner, i.e. long-term focused. Being a shareholder does in general include some aspects that should be considered. The stock price may fluctuate due to information, lack of information, and speculation. Therefore the market may act inefficient and in worst case it can destroy the value of the stock. In the case of Blackstone, where the firm intends to leave less information to the market than a normal firm, the risk of under- or overvaluation of the stock is even higher. By being the limited partner you avoid the fluctuations in share price and if the firm manage to keep its focus and strategy, you can continue to expect a good return. The main problem, which is outlined above, is that there is a risk the managing partners will gradually become more short-term focused so it is good as a limited partner to follow the development of the firm closely. 4.As a potential employee, how would you evaluate the Blackstone compensation package against a commensurate offer from a similar large-scale PE firm that was not public? The suggested compensation package from Blackstone has several intentions behind it. Some of the concerns that are mentioned in the case: â⬠¢The employees should not be worse of than before â⬠¢Their interests should be aligned with both the limited partners and the shareholders â⬠¢Partners and managers ownership should not be too monetized in order to retain competence in the firm The firm therefore decided on multi-phase approach where the compensation includes a combination the management fee, the carry interest, and a number of units (shares). If I would consider starting working for Blackstone after the IPO, i.e. I would not receive any of the shares that the firm initially planned to give to its employees; I would prefer an offer from a non-public firm. The reason is mainly that a part of the salary comes in shares. There are several drawbacks with this. First, a part of your salary will be exposed to fluctuations in the stock market and as outlined in the previous question, these fluctuations may not always be justified. Therefore, since part of the salary will be exposed to risk an employee should request a higher salary compared to if he/she would get it in cash. Second, even though I would, as a private person, want to hold a part of my capital in stocks, I would prefer something else than the firm that I am working for. By having the same shares I am exposed to the success of the firm not only with my salary (risk of losing my job), but also with my savings. I would as a private person prefer to have most of my savings at least in another firm and even better, in another industry. If I would considering becoming an employee before the IPO I might reconsider my decision above depending on how much extra shares I would get initially and see if that outweigh the risk I see with being paid in shares. 5.The question outlined in the case Even though it is not part of the assignment I would shortly like to commentà on the offer Blackstone receives from China where they express interest in buying $3 billion of the offering. As Schwarzman outlines in the case, it would give Blackstone a great advantage if the firm whish to expand its business to China. In todayââ¬â¢s more global world this could be a strategic important move and even if the firm does not buy a Chinese firm, it can establish local knowledge and through that better handle deals involving U.S. firms with operations in China. However, by selling 75% of the initial IPO offering to China they may not satisfy the U.S. stock market. Schwarzman therefore considered increasing the offering to 20% of the firm. This would have implications on several levels. The firm would experience an even higher pressure to give out information and it is likely that the managing partners will be influenced by the more involved stock market. Also the suggested compensation package would likely change to a situation where a bigger share of managersââ¬â¢ salary is coming in units (stocks). The risk with this is that the limited partnersââ¬â¢ interests will be seen as less important and the firm might become more short-term focused than it is today.
Saturday, January 11, 2020
Global Soy Commodity Chain
Brazil is the second largest producer ot soy in the world Brazil's soy production mirrors the US and ADM's agribusiness production model. Genetically modified plants are used and pesticide protected. The soy industry has been profitable helping to strengthen Brazil's economy. However, soy production in Brazil has been the source of contention from groups like Greenpeace due to the destruction of Amazon Rainforest lands to grow soy as a commodity crop. Numerous active protests by Greenpeace to draw attention to forestation losses have led to laws in Brazil directed at this problem. PPAâ⬠ââ¬Ës or Permanent Preserve areas have been instituted as Sustainability Law requirements for soy farms in Brazil. Europe was Brazil's top soy buyer until protests and attention came to the fact that the Amazon was affected by this industry. Ships carrying soy to Europe from Brazil were blockaded by Greenpeace. The European market for Brazil's soy also hinges on the use of Monsanto's geneticall y modified product. European soy consumers have banded against these products outlining their case against genetically modified soy. Their purpose is to keep Brazil's soy products GMO free.Increasingly, Brazilians do produce Monsanto GMO soy products and can sell this product easily to China. European response to this is to partner with farmers in Brazil, who do not produce GM products, much like fair trade organizations. Soy and Agribusiness have come under a great deal of criticism. Much of this is environmental, political, economic, and social. ADM's founders formed the industry with seemingly good intentions. ââ¬Å"Solving the world's hungerâ⬠and ââ¬Å"Supermarket to the Worldâ⬠are motto's that demonstrate the intention of the corporation.They have enjoyed a great deal of success and profitability churning out products that do, in fact, feed the world. However utilizing genetically modified plants and pesticides reduce the gamble a farmer makes; degrading the envir onment and employing less people to care for plants. Due to agro-industrialization ââ¬Å"soybean production is almost entirely mechanizedâ⬠. People are not employed in the task of farming but rather the science of genetic modification in the US and Brazil. ADM manages almost every part of the soy commodity chain their corporation constitutes over 70% of US soybean production.They work with US soy farmers and are involved with Latin American soy production. They have more than two hundred sixty five processing plants for raw materials like soy. Soy is sold and shipped by ADM, but it is also processed into many component products. Novasoy, a trademarked product of ADM, is a non GM derivative. Clarisoy is a protein product also marketed to manufactures like General Mills etcâ⬠¦ In their cosmetic marketing of soy ADM describes: ââ¬Å"Nature provides some of the world's best personal care ingredients.ADM taps that potential, offering vegetable-based lipids, natural antioxidant s and soy ingredients that can give your products enhanced erformanceâ⬠. Scientific advancements with agricultural products like soy are American staples of industry. Genetic modification for better or worse was an early advance and became successful economically. Now the science for agricultural products is geared to sustainability issues. Industry support for education and scientific advancement led to the development of the soy crayon that is better for the environment. Soy is a more sustainable resource than petroleum.The same can be said of soy derived fuels. This lessens the use of petroleum. Ford has a history of interest in plant derived resources for industrial products in the forties Ford built what is sometimes reterred to as a ââ¬Å"soy carâ⬠. Soy ?ber was part ot a polymer ne developed for the body of this vehicle. It was not popular at the time, due to taxpayer dollars being invested in this type of research, and WWII insured that his agricultural industrial plans were put aside, however the modern day company picked up on this cue and developed foam for car seats that are used in new models.They have also egun using soy in place of petroleum on tires and expect to have a more sustainable car tire. The social trend and movement in soy agriculture is opposition to genetic modification and agribusiness. ADM has responded with organic and non GM products, they are a business and their success is contingent upon consumer demand. For those who consume soy products packaging and advertising like that of Silk soymilk products announce that they are free of GMO. The market for this type of product is growing as the issue of agriculture and agricultural products becomes more prominent.The historical context of the development of the soy commodity chain is interesting because the plant is Chinese in its origin and had little place in the Western world until this century. Currently, it is almost entirely produced in the Americas and exported in l arge quantities to its place of origin. As a Northern American, I am familiar with agribusiness. I saw ADM's ââ¬Å"Supermarket to the Worldâ⬠commercials every Sunday in my childhood. I accepted that that this was a wholesome company, after researching this I understand the criticisms and consequences although I do elieve the founders of this system had good intentions.
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