Wednesday, May 6, 2020
Ruthless Paper Writings Strategies Exploited
Ruthless Paper Writings Strategies Exploited The Secret to Paper Writings Since you may see, the variety of advantages it is possible to get is quite large. Now that debit card, ATM and internet transactions have become more prevalent, additionally, it is common to keep an eye on banking transactions employing a spreadsheet or internet database. Next you must supply the reference in your list of references in the rear of your paper. Each bit of information needs to be separated by a semicolon. Let others proofread Have your buddies take a peek at your work. Some people would rather create their own album. There are many music theory books and websites available to assist. Writing short stories can be an enjoyable and creative way for children to share their ideas. The Chronicles of Paper Writings You are able to purchase music staff paper at music stores or you'll be able to print it directly online, at no charge. 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Why Did the Liberals Win the 1906 General Election by a Landslide free essay sample
Those who see it as a positive win for the Liberals argue it is due to the bringing in on New Liberalism and its plans on Social Reform, at a time when the welfare of the majority of citizens, the working class, was becoming a key concern. The issues that had split the Liberal Party had been put to one side, like Irish Home Rule and The Boer War was over, which meant the party was stronger because there was agreement throughout. They were strongly united over the issue of Free Trade which was very popular among voters, especially working class, as they feared food prices would increase from Tariff Reform. The Liberals also cleverly used the downfalls of the Conservatives and exploited them at this time, for example, they using the Conservatives misjudgements regarding education and licensing and promising Welsh Disestablishment they were able to win the votes of a lot of non-conformists. Another key factor in the Liberals win was the Lib-Lab pact, by making this deal, they tried to ensure a majority vote for the centre and left wing parties which was a smart move. However, others have argued that rather than showing a positive reaction to progressive Liberalism, the result reflected an overwhelming rejection of Conservative policies. The main and perhaps one of the most damaging issue for the Conservatives was the Boer War; though it had originally benefited the Conservatives in 1900, promoting patriotism and helping them win the 1900 election, by 1906 there had been more deaths than Britain expected and it had been much more drawn out. The Boer War also helped unveil the poverty and need for Social Reform by that time, which the Liberals exploited the Conservatives for supposedly neglecting this and by this time the Liberals had healed the splits in their party. Another very damaging issue for the Conservatives was the tariff reform campaign and was probably the Conservative biggest policy misjudgement; when this was introduced in 1903 many voters were very unhappy. Not only working class, but also middle class were worried that this would mean an increase in food prices and feared for their living conditions; furthermore this issue split the Conservatives, and many people do not wish to vote for a split party ââ¬â this issue had in fact helped reunite the Liberal party, strengthening them and making the Conservatives appear more incompetent. The 1902 Education Act and the 1904 Licensing Act outraged many of the nonconformists and lost their vote for the Conservatives, many of these nonconformists were part of Wales, giving the Liberals an advantage in swinging the vote in marginal constituencies. The nonconformists were also very unpleased over the Chinese Labour Issue; however, this issue also damaged the vote of the trade unionists. They feared that the low working Chinese would be shipped over to Britain, lowering wages, and with unemployment high in 1905 opposition to the issue took votes away from the Conservatives. Again upsetting the trade unionists, was the Taff Vale case, many were outraged at the lack of support of the Conservatives and were encouraged to vote Labour. Many believe that the Liberals promoted Social Reforms to high degrees; however, not many Liberal MPs could be considered Social Radicals. It was more cleverly played that the Liberals exploited the Conservativesââ¬â¢ lack of Social Reforms. Poverty was becoming more and more apparent in Britain and the Liberals used this to say that the Conservatives were neglecting many of the voters and letting this happen, this meant that many working class voters voted for the Liberals and lost any loyalty they may have had for the Conservatives. Lastly, the leadership at this time for the Conservatives was at one of its weakest points at that time, A. J. Balfour had failed to listen to the publicââ¬â¢s opinions on many issues, meaning the negative reactions were ignored rather than fixed. He allowed Joseph Chamberlain to issue the tariff reform campaign, a main factor in their loss; and was indirectly responsible to the timing of the 1906 election due to his unusual decision to step down his government. Due to the First Post System, the number of seats is not proportional to the percentage of votes. This means whether the 1906 election was a ââ¬Ëlandslideââ¬â¢ win was questionable. Although the Liberals has an outstanding number of 358 seats in parliament, against a less impressive 157 from the Conservatives, when looking at the percentage of voting the Liberals only scored 49%. This is not the majority vote, however due to the system it is counted by seats. So depending on how it is looked at ââ¬â the Liberals didnââ¬â¢t win by such a huge amount. However, basing it on the First Post system in place, which counts the number of seats in parliament, the Liberals beat the Conservatives by an incredible amount. In conclusion by focusing on the failings of the previous Conservative government, the Liberals were able to enjoy a wide appeal across the political and social spectrum. The slogan of free trade was a policy that resonated with a broad audience, reluctant to see food prices rise as a result of the Conservative inclination towards tariff reform. The Governments use of forced Chinese labour aroused moral concern, particularly amongst Nonconformists, already incensed by the 1902 Education Act and 1904 Licensing Act. The trade unions were equally disgruntled by the Conservatives failure to reverse the Taff Vale judgement. In this sense, the result can be viewed as much as ââ¬Ëlandslide loseââ¬â¢ for Conservatism as a ââ¬Ëlandslide winââ¬â¢ for Liberalism. If the system had been different, the win may not have been as dynamic, and the Conservatives may have had a slight higher chance. However it can easily be said that the reason for the Liberals landslide win in 1906 was due to the Conservatives huge failure, made up of many poorly judged decisions, rather than a great success in the Liberalsââ¬â¢ policies.
Tuesday, May 5, 2020
Finance and Accounting Business Economic Profit
Question: Discuss about the Finance and Accounting for Business Economic Profit. Answer: This report analyses the various ratios trend for AEFFE and finds out the companys economic profit. Further, a capital budgeting project is evaluated for the case company. Finally, a review is presented of the work received from the three fellow students. Step 1: Ratio analysis and economic profit Ratio analysis: It is the analysis of financial statement data such as income statement, trading account, cash flow and balance sheet. Ratio analysis finds the companys profitability, liquidity, efficiency, financial structure, and companys solvency. The ratio analyses of the AEFFE are as followed. AEFFE RATIOS Years ended 31 December 2015 2014 2013 2012 Profitability Ratios Net Profit Margin Net profit after tax/sales 1% 1.59% -0.78% -1.27% Return on Assets Net profit after tax/total assets 0.5% 1.1% -0.5% -0.9% Efficiency (or Asset Management) Ratios Days of Inventory Inventory/av.daily cost of goods sold 60.06% 57.96% 52.06% 54.12% Total Asset Turnover Ratio Sales/total assets 0.71 1.55 0.69 0.68 Liquidity Ratios Current Ratio Current assets/current liabilities 1.12 1.06 1.01 0.95 Financial Structure Ratios Debt/Equity Ratio Debt/equity 152.3% 97.8% 155.2% 153.5% Equity Ratio Equity/total assets 39.6% 39.6% 39.2% 39.4% Market Ratios Earnings per Share (EPS) Net profit after tax/number of issued ordinary shares 0.16 0.38 (0.19) (0.31) Dividends per Share (DPS) Dividends/number of issued ordinary shares 0.00 0.00 0.00 0.00 Price Earnings Ratio Market price per share/earnings per share 187.00 26.33 (22.33) (20.67) Ratios Based on Reformulated Financial Statements Return on Equity (ROE) Comprehensive Income/shareholders' equity 0.0007% 0.0027% -0.0014% -0.0020% Return on Net Operating Assets (RNOA) Operating income after tax (OI)/net operating assets (NOA) 0.71% 1.13% -0.57% -0.90% Net Borrowing Cost (NBC) Net fin. expenses after tax/net financial obligations 1.80% 3.65% 4.99% 2.56% Profit Margin (PM) Operating income after tax (OI)/sales 0.64% 1.59% -0.78% -1.27% Asset Turnover (ATO) Sales/net operating assets (NOA) 1.12 1.07 1.06 1.04 Economic profit (RNOA - cost of capital) x net operating assets (NOA) (2,680,580.0) (2,859,300.0) (2,332,640.0) (3,007,770.0) Profitability ratio: profitability ratio shows the profitability and earning capability of the organization. The major ratios that include in this are net profit margin and return on asset ratio (Tracy, 2012). The AEFFE net profit margin in year2012, 2013, 2014, 2015 are -1.27%, -.78%, 1.59% and 1%. It shows that the net profit of the company is in positive in last 2 years; only in year 2012, 2013 it was in negative. The return on assets of the AEFFE in the year 2012, 2013, 2014 and 2015 are -.09%, -.05%, 1.1%, .5%. These all ratio indicates that the companies earning was not good in the year 2012 and 2013 but now it is good in last two years. Efficiency Ratio: The efficiency ratio shows how efficient organization is to do the productive work. The efficiency ratio includes the various ratios such as days of inventory, total asset turnover ratio (Edmonds et al, 2015). The day of inventory ratio of the AEFFE is increasing consistently. In year 2012, 2013, 2014, 2015 day of inventory ratio is 153.5%, 155.2%, 97.8% and 152.3%. This all data shows that only in year 2014 there is the dip, otherwise it consistently increasing. It shows that in every year, there is a hike, which is good for the company. Along with this, the total asset turnover ratio, which shows the efficiency of the sales over total asset are .68, .69, 1.55 and .71 between year 2012 to 2015.The efficiency ratio of the company shows that the overall business efficiency of the company is average. Liquidity ratio The liquidity ratio shows the companys total liquidity and represents the companys ability to meet short-term obligations. Every company wants that there liquidity position should be good. The major ratio that includes in the liquidity ratio is current ratio and the quick ratio. The current ratio shows the current liquidity position of the company, it shows that presently how much liquidity company have and is they able to do the current day to day operations smoothly (Warren et al, 2013). The current ratio of the AEFFE in year 2012, 2013, 2014 and 2015 is 0.95, 1.01, 1.6 and 1.12. This data shows that AEFFE current liquidity position is good, it has a sustainable growth in the last four years. Therefore, the liquidity position of the company is good; company is able to meet all the obligations perfectly. Financial Structure Ratios financial structure ratios are one of the main ratios that shows the financial structures strength. The ratio that includes in the financial structure ratio are debt/ equity ratio and equity ratio (Edmonds et al, 2015). The debt equity ratio shows the relationship between debts and equities. The companys debt equity ratio between years 2012 to 2015 are 152.3%, 97.8%, 155.20% and 153.50%. Along with this, the equity ratio shows the relationship between equity and total assets. The equity ratio of the company is 39.4%, 39.2%, 39.6% and 39.6% between year 2012 to 2015.The financial structure ratio of the company shows that in year 2014 and 2015, the conditions improved. Market ratio Market ratio shows the market condition of the company. This ratio includes earning per share, dividend per share and price earnings ratio. The earrings per share ratio shows the total earnings of the shareholder, means what are the earnings on shares that they get. The earnings per share ratio of the AEFFE in year 2012, 2013, 2014 and 2015 is -.31, -.19, .38 and .16. In the year 2012 and 2013 the company shareholder had not get any earnings but in year 2014 and 2015 shareholders get sufficient amount of returns (Yahoo finance, 2016). Along with this, the price earnings ratio that show the relationship between the market per share and the earning per share are -20.67, -22.33, 26.33 and 187 between year 2012 and 2015. Ratios Based on Reformulated Financial Statements There are some ratios, which are calculated based on reformulated financial statement. These ratios are return on equity, return on net operating asset, net borrowing cost, profit margin, and asset turnover ratio. Return on equity shows the actual return that come out from the equities and it shows the relationship between comprehensive income and the shareholder equity (Drake and Fabozzi, 2012). The return on equity of year 2012, 2013, 2014 and 2015 are.0020%, .0014%, 0027% and .0007%. The return on equity of the company is average, there is no such a big negativity as well as high positivity are there in the data. Along with this, the return on net operating asset is -.90%, -.57%, 1.13% and .71%. This shows that return on net operating asset of the company was not good in the year 2012 and 2013 but in the year 2014 and 2015, it comes positive. Additionally, the asset turnover ratio in the year 2012, 2013, 2014 and 2015 are 1.04, 1.06, 1.07 and 1.12. The asset turnover ratio shows t he net operating asset and the sales of the company. The net borrowing cost of the company in year 2012, 2013, 2014 and 2015 are 2.56%, 4.99%, 3.65% and 1.805. Moreover, the profit margin ratio shows the margin of profit. The profit margin of the company between year 2012 to year 2015 are -1.27%, -.78%, 1.59% and .64%. Economic profit The gap between the profit from sales and the opportunity cost input is term as economic profit or loss. If value comes positive then it is profit and if not then it is loss. economic profit particular 2012 2013 2014 2015 comprehensive operating income 8821 6029 12029 5884 net operating assets 356268 346220 353554 359617 return on non operating assets 2.475945075 1.741378314 3.402309124 1.636185164 less: cost of capital 10 10 10 10 -7.524054925 -8.258621686 -6.597690876 -8.363814836 multiply: net operating asset 356268 346220 353554 359617 economic profit or loss -2680580 -2859300 -2332640 -3007770 The gap between the profit from sales and the opportunity cost input is term as economic profit or loss. If value comes positive then it is profit and if not then it is loss. The AEFFE has economic loss in the year 2012, 2013, 2014 and 2015, which is -2680580, -2859300, -2332640 and -3007770. It shows that there is a big gap between the actual and the desired results. This will effect negatively on companies growth. Brief commentary: Honestly I had difficulty in calculating the economic profit because I am first time calculating the ratios and economic profit. First time I had a chance to show my knowledge as well as experience with this assignment. I had an issue in calculation of the comprehensive income that poked my nerves. However, I feel great working on this assignment that helped me to improve my knowledge and skills that will help me in my future career. Through the assignment, I have learnt the basic concept of the ratios and use of ratios in financial statement analysis. Step 2: Capital Investment Development of Capital Investments Payback period NPV IRR Project A 4.2 309009 13% Project B 3.75 530277 15% The capital investment or budgeting techniques can aid the company in identifying the best profitable amongst different investment options from two or various alternatives available before it . This shows the risk and profits associated with the investment options clearly and concisely that helps in selecting the best option (Pratt, and Grabowski, 2010). There are two-investment proposal for the AEFFE each will be assessed in terms of profitability and risk associated with them. The AEFFE proposed to invest in new fashion products to extend the product lines and market growth. The company assessed two proposals using payback period, NPV, and IRR. The assessment result of the projects given below: In the above table, the assessment findings have been shown. The payback period in recovering the investment is higher for the project A (4.2Years) but the same is lesser for the project B comparatively (3.75 Years). Along with this, the net present value of the investment in project A is 309009 that is lesser than the Project B of which net present value is 530277. Furthermore, the internal rate of return for the project A is 13% and project B is 15%. It means project B is more flexible than project A and the provide minimum return of 15% on the investment that is higher than the Project A. Recommendation: Based on the above assessment of two projects available with AEFFE, it can be recommended that the AEFFE should go with the Project B. Because the project B is providing the higher expected return as well as is having the higher net present value. Based on this rationality, the project B can be recommended to the AEFFE to invest in. Strength and weakness of analysis: Strength of analysis: The NPV considers the present value of the return to be earned in the future and represent clearly the potential of the investment in the project and it evaluates which project is having more potential to generate more revenue against other project (Riley et al, 2015). IRR indicates the minimum rate of return on the investment, which helps in selecting the best feasible project over others. The payback period states the time under that the investment in the project is possibly recovered. It helps in determining which project has the potential to cover the investment in lesser period. Weakness of analysis: The NPV does not consider the duration, complexity of the project in the analysis. At the same time, the internal rate of return does not take the extra cost of the project into consideration while assessing the project. Any contingency or uncertainty can give the huge cost to the project that may affect the return from the project. It is not considered in the IRR assessment of the projects (lara et al, 2011). Along with this, payback period provides the information of the time span to be required in recollecting the investment amount but does not consider the time value of the money invested. Step3: Feedback Feedback to Thien Quoc Huynh: Thein, I liked your work as you have provided the basic concept of the calculation and interpretation of the ratios, economic profit, and capital investment decision. You have covered all the ratios that are able to provide the basic and important information of the performance of the company. The assignment includes the proper calculation of the ratios, and states that what they represent about the company performance. It encompasses the meaning, concepts of the ratios. The calculations of all the ratios are correct and the commentary is outstanding too. Your followed a good format in representing your ideas. Apart from this, you have well assessed the two projects for the capital investment. You genially explained your thoughts in the step 2 of the capital investment decision. You have calculated NPV, IRR, and Payback that gives the good base for selecting the project. You nicely calculated the NPV, IRR, payback period and assessed them. But you have not shown the economic profit c alculation and commentary well. You should separate it from the ratio calculation. The commentary of the economic profit is missing in the assignment. Apart from this, you should assess the strength and analysis of the capital investment techniques that will make your assignment better. Overall, you have expressed good ideas and thoughts in the assignment and concluded very well of your study that gives the brief ideas about the analysis. I think the work you have done can be recited as a great work. Feedback to Brook Todd: Brook, if I assess your work overall then it appears good about the clarity of the concepts of ratios, economic profit, and capital investment techniques and their calculations too. Your calculation of the ratios is correct and presentation seems outstanding. Nevertheless, you can make it more attractive and give it more rationality by benchmarking the ratios of CALIDA Group with other firms for its comparison. Else, you have done nice job in clearing the concept, calculation and presentation of the ration analysis in the assignment. Along with this, in economic profit you have shown your creativity and presentation skill that is truly appluadable. Moreover, one thing I would say that you could add on some commentary about your calculation and presentation of the economic profit that would brief your efforts. Lastly, your capital investment decision you provided to the CALIDA Group is correct that you have provided the assessment you made. The calculation is good and presentation too. However, you should analyze the weakness and strength of your analysis that make aware the company about the risk associated with decision that helps them in making effective decision. Overall, your performance is outstanding. Feedback to Nicole Hinton: Nicole, I think you have done good analysis of the ratios in first part but the calculation is missing that weaken your presentation. Apart from this, the economic profit and capital investment decision are missing in your assignment. You should have calculated the economic profit to shows the performance of the company. Along with this, you should have presented an investment proposal for newzulu and provide a recommendation about the best project. Overall, the several things are still missing in the assignment, which you have to put into. References: Yahoo finance (2016). historical prices. Retrieved from https://uk.finance.yahoo.com/q/hp?s=AEF.MIb=24a=06c=2007e=8d=09f=2016g=m Drake, P., and Fabozzi, F. (2012).Analysis of Financial Statements. USA: John Wiley Sons. Edmonds, T., Nair, F., Olds, P. and Edmonds, C. (2015).Fundamental Financial Accounting Concepts. USA: McGraw-Hill Higher Education. Warren, C., Reeve, J. and Duchac, J, (2013). Corporate Financial Accounting. USA: Cengage Learning. Tracy, A. (2012). Ratio Analysis Fundamentals: How 17 Financial Ratios Can Allow You to Analyse Any Business on the Planet. Australia: RatioAnalysis.net. Pratt, S. and Grabowski, R. (2010). Cost of Capital: Applications and Examples.USA: John Wiley Sons. Riley, D., Ahmed, I., Debray, T., Willis, H., Noordzij, P., Higgins, J. and Deeks, J., (2015). Summarising and validating test accuracy results across multiple studies for use in clinical practice.Statistics in medicine,34(13), pp.2081-2103. Lara, G., Osma, G. and Penalva, F.,(2011). Conditional conservatism and cost of capital.Review of Accounting Studies,16(2), pp.247-271.
Saturday, April 11, 2020
IELTS Essay Sample - One of the Most Popular Ways to Write an IELTS English Test
IELTS Essay Sample - One of the Most Popular Ways to Write an IELTS English TestIELTS essay samples are one of the most popular ways to write an IELTS English test. One reason for this is that IELTS Essay Sample sites are user-friendly, with plenty of study guides, practice tests and a wealth of other resources to help you get a good IELTS score. You don't need to worry about things like grammar or tense mistakes. You don't need to worry about what foreign words mean, or if you've used the right word for the English translation, or what proper punctuation is for.With the IELTS test, or any other English test, it's just about memorizing the words and grammar you need to know in order to pass the test. While you are studying for your IELTS Essay Sample, you will be working on getting your hands on a lot of facts, you will be making mistakes, and you will be having to use a lot of mental shortcuts to keep from being bogged down in large amounts of difficult material. All of this is a re sult of your physical being, having to go through a challenging test.In addition to that, all of the IELTS essay samples have a similar format, because they are all written with the same kind of vocabulary and grammar. These writing samples to help you put together information and answers. However, the rest of the information and answers might be almost as difficult as the actual essay. That's why a lot of people tend to write too much information and then fail to learn how to make sense of it all.You may not want to waste your time studying for the IELTS essay samples. You can find all of the IELTS Essay Sample test writing samples for free. However, you will not have access to a virtual tutor. So you will need to make sure that the materials you are using are very easy to follow, so that you can pass your essay test the first time.There are many tests available for ESL, whether you are trying to earn your IELTS English exam, or just want to go for a quick English exam. But the imp ortant thing is that you have a good understanding of the rules of the English language. If you are able to master the rules of English when you go through all of the different essay sample tests available, you will find it a lot easier to be able to speak and write English when you are taking the test, which will make it a lot easier to learn the language.You can get a lot of help with your English when you are studying. The best way to do this is by looking online for all of the free practice tests and essay samples available, and giving yourself plenty of time to learn all you can about English. However, if you are going to spend a lot of money studying for the IELTS test, you may want to take a course.You can find many courses available on the Internet, which will teach you about the English language. However, with such a competitive job market in the English language, most of these courses will charge you up front and won't give you enough help when you need it the most.
Friday, April 3, 2020
Sunday, March 8, 2020
Change of Meanings Essays
Change of Meanings Essays Change of Meanings Essay Change of Meanings Essay Meaning of words I read the essay, ââ¬Å"How Dictionaries Are Madeâ⬠by S. I. Hayakawa. In it, he explains that how editors write a meaning to a word after examine many literatures. Also, he talks about how meanings of many words have changed during different centuries. I decided to see if he was right so I looked up three words and how their meanings have changed. First, I looked into the word, ââ¬Å"flavorâ⬠. I found that around year 1300 to 1350, flavor was origins to word fetor which means an offensive smell. In Latin, it was called flatus, and it meant to blow or to breathe. Soon the word became flator in Latin. The word Flavor was first spelled in middle French and they spelled it flaour. Then the word was introduced in Middle English and they spelled flavor and the meaning of the word changed to taste of something as it is in mouth. In British flavor is spelled as flavour. Second, I looked into the word, ââ¬Å"choiceâ⬠. I found that around 1250 to 1300, it was origins to word choose. In old French it was derivative of choisir, and it meant to perceive. Later in time, in Middle English, it was called chois. And later on, it was changed to choice, and the meaning of it changed to carefully chosen. Last, I looked into word ââ¬Å"Succeedâ⬠. In early 1325 century, in Latin it was known as succedere, and it meant to go under, follow, and prosper. In 1350, in Middle English, they called it succeden, and it meant to follow. In Late 14centruy, Middle English changed it succeed and the meaning was changed to go near to, next to and come after. In late 15 century, the word succeed meaning was changed to ââ¬Å"turn out wellâ⬠, and itââ¬â¢s been same ever since. In conclusion, S. I. Hayakawa was right about the changing the meanings of words. He taught me how words have meant a lot to us and how itââ¬â¢s been changing ever since it exist.
Thursday, February 20, 2020
Affirmative action- Trials within human resource management Term Paper
Affirmative action- Trials within human resource management - Term Paper Example The term ââ¬Å"affirmative actionâ⬠was first mentioned in the United States when President John F. Kennedy signed the Executive Order 10925 on March 6, 1961; this was then used to refer to initiatives that aimed to attain equality and prevent discrimination By 1965, the Executive Order 11246 was implemented, requiring all national contractors to make use of affirmative action when hiring employees, regardless of national origin, culture, and religion; in 1968, gender was then included in the anti-discrimination list. Aside from the US, other countries have taken similar approaches to promote equality in the society, such as Canadaââ¬â¢s employment equity or the United Kingdomââ¬â¢s positive discrimination. Affirmative action is known to be a set of policies that consider gender, race, culture, religion, and national origin for an underprivileged or underrepresented population to obtain equal rights and benefits, thereby contradicting the outcomes of discrimination that h ave been passed down from every generation . Such policies emphasize a wide range of aspects, from health programs and social services to education and employment opportunities. Because affirmative action aims to encourage equal opportunities, it is typically applied in government actions and educational settings to make sure that all groups in the society are involved in such programs. Affirmative action can be exemplified through different forms, such as rigid quotas or encouragement of members of minority groups to apply for employment. Similarly, each intends to increase the number of underrepresented groups in the workplace, educational settings, or in any societal context. Programs that demonstrate affirmative action vary in terms of the extent to which they consider race as an important factor in making decisions and obtaining results. In 2001, representatives from the Americas gathered together to establish policies and implement strategies to combat racial discrimination. I n order to adopt affirmative and positive actions, paramount importance was attached to the creation of conditions for every individual to become involved both in decision making and realizing civil, political, economic, social, and cultural rights with regards to all aspects of life on a foundation of non-discrimination (Global Rights, 2005). Such ideas acquired considerable support in the World Conference against Racism with which the Declaration and Programme of Action points out affirmative action as fundamental factor for the global struggle against discrimination. Due to the fact that international law promotes affirmative action, national and international treaties along with regional and global institutions have attempted to integrate countless norms that support equality and non-discrimination; more states are also being required to take on active roles in guaranteeing such rights. While a number of norms state that affirmative action is permissible, this form of positive a ction can be made mandatory by others. While the form and outline of such norms may slightly vary, nonetheless, international law requires that all states be involved in promoting affirmative action. Guidelines for Affirmative Action Plans and Programs Affirmative action should be supported in all contexts, such as in educational and workplace settings; therefore, educational institutions and organizations have proposed guidelines to promote equality among all individuals (Kravitz, Bludau, and Klineberg, 2008). For instance, American universities, in their intentions of seeking employees, have established guidelines for their affirmative action programs, directed towards women, minority groups, people with disabilities, and veterans, to which academic and staff members should comply. For instance, university policies that affect staff members should be reviewed to ensure the provision of equitable treatment for every employee, compliance with the legal requirements for avoidance of discrimination and equal employment opportunity, as well
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