What is a Great Tutor Worth

?id? I've been in the test-prep business since 1998, when I tutored Boston high school students through a community service program at Harvard. But it wasn't until my first gig at the Princeton Review after graduation that I started to understand the economics of the tutoring business.When Princeton hired me, my starting pay rate was $18/hr, which at the time I considered to be an incredible sum. Before long I was working 50-hour weeks for the company, and making good money for a 22 year-old. What I didn't realize until later, however, is that Princeton was charging $120/hr for my services--in other words, even though I was doing all the work, the company was making five times as much as I was.This didn't seem fair to me, so I came up with a strategy--I would start my own tutoring service, charging half as much as Princeton did. There were two distinct advantages to this strategy: I would be making three times as much as I used to, while charging less than half of what Princeton charged. I could work less, make more, and give more of my attention to my students. It was a win-win-win for everybody, except my former employer of course.I set my rate at a reasonable $55/hr, started placing some ads in the classifieds, and the clients started flooding in. In 2003 I moved to my current home of San Diego, California and started from scratch with a new client base, but in less than two years, my schedule was packed yet again.However, there was a problem. Once I got too popular, my schedule would fill up, my free time would slowly start to vanish, and I would get stressed out. So I came up with a solution: each time my schedule would fill up, I would inform my current students that I was raising my hourly rate, but for new clients only. When they finished taking their tests, or sending in their applications, as my students always do eventually (most of my students work with me for anywhere from 2 weeks to 2 years), I would start anew at a slightly higher rate. Over time, I would repeat this process anytime my schedule became too hectic. Over time, my rates became so high that they were not affordable for the average client. This is when I started hiring other tutors. My main emphasis when doing so was that McElroy Tutoring would only take a small cut of what we charged for our tutors, as opposed to the gargantuan cut that the big companies took. Although some of our tutors may have high rates such as $120/hr, at McElroy Tutoring we ensure that the tutor takes home the lion's share of that fee. There is a huge difference between a tutor for a big company charging $120 and getting paid $20, and a tutor for a company like McElroy, charging $120 and getting paid $100. The more affordable tutors are, the more students they have to fit into their schedule in order to pay their bills. A cheap tutor is not just cheap--he/she is also stretched thin and stressed out. Today, my basic rate stands at $295/hr. With package discounts of up to 25%, my rate can be as low as $220/hr. My schedule is not always entirely full, but that's OK with me, because the fewer students I have, the more individual attention I can give them. Nearly every day, I talk to someone who acts shocked and appalled that a private tutor would dare demand such an outrageous fee. But there are still plenty of others who think I am well worth it.Sometimes they will mention another tutor that they are considering. "She charges only $100/hr. Do you think you are twice as good as she is?" My response: "I might not be twice as good, but I'm definitely better." Let me give you a car analogy that I frequently use to illustrate my point. I drive a 2002 Honda Accord, because I see no need to overpay for a luxury car such as a BMW. That's because in my mind, a car is for getting from point A to point B. However, if I were driving my car in a race, and every second counted, then you better believe that I would choose the BMW. So when every point counts, a professional, expert tutor is well worth the price. And with cost comes commitment: my students work hard and pay attention during lessons, partially because they know that my services are not cheap.Are my rates too high? It's all relative. Relative to the importance and stakes of the task at hand, your personal and familial priorities, your academic goals, and of course, your budget. I know that my rates are quite high for a private tutor, but they are perfectly average in other professions. If you got in trouble with the law, would you hire a cut-rate lawyer? Of course not. Yes, many of my clients live in lavish seaside mansions, and have millions of dollars socked away in trust funds. But many of my other clients are middle-class, and simply see my services as a wise investment--and frequently, their investment pays off in spades, through major score improvements, academic scholarships and admission to prestigious universities. This is not to suggest that price always equals quality. There is a 26 year-old tutor in New York who claims (emphasis on "claims") that he teaches SAT full-time at $1,000/hr, for example. There will always be those who try to game the system and rip off gullible people. But there is nothing wrong with a full-time, professional tutor charging a fee that is proportionate to his or her abilities, experience, qualifications and talents.To all the other tutors out there: don't be afraid to charge what you are worth. Sure, plenty of people will turn you down, but others will respect the value of your time, knowledge and expertise. And with the time you save, you can pursue your other passions, or continue to hone your craft in other ways, such as taking the SAT and ACT three times a year, as I do, or by writing test-prep vocabulary books, SAT Critical Reading Guides, or SAT Math Guides.

International Business Is Not Just About Nationalities

In this present modern world, international business is not just about nationalities, it is also about cultures. Cultures affect negotiation strategies, decisions values and communications. A case in point focuses on a scenario whereby a proficient U.S negotiator travels to Mexico to negotiate for a profitable business deal. Furthermore, the above named negotiator puts into consideration the aspect of time. Time is considered as money and therefore he intends to achieve the best deal within 24 hours. Reasonably, the above scenario depicts different cultures engaging in a negotiation process. Therefore, the above personality ought to expedite strategic approach and decisions as regards negotiation. Therefore, this essay seeks to focus on the strategies and decisions that the U.S. based negotiator ought to employ in order to ensure that he wins the best deal. Discussion To be an effective and efficient negotiator, it is imperative to understand the meaning of negotiation. Various researchers have defined negotiation. McCormack (Sandman, 2009) defines negotiation as process when one party endeavors to get the best terms by convincingly persuasively and exchanging information. Nierenberg (Salacuse, 2004) emphasizes that negotiation is a technique of achieving one’s aim in every association regardless of situations. There are two techniques of negotiation: distributive and integrative negotiation. 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Even when the women were taking care of the family home, the children, and at times the family business, they were still deemed second-class citizens unable to have a voice in politics, family, and basic life n eeds. Luckily, with time, consistency, and the support of men and women of all nationalities, we all have earned the privilege of making choices for ourselves equally while being able to use our own voice. All of the struggles and sacrificesRead MoreLeadership, Entrepreneurship And Strategy For Sure Makes A Great Management875 Words   |  4 Pagespretty achievable by academic and professional education, things become more complicated when we talk about international business. In fact global management involve many aspect that do not require a simple preparation in a specific business field, but it rather requires a broad preparation on different fields, such as international laws, commerce policies and people customs just to mention a few. Just less than a century ago, management rules were very different from now, work was mainly composed ofRead MoreA Study On Hilton Hotel1157 Words   |  5 Pagessimple, with managers and supervisors from a different department, including admin, marketing, finance, human resource, concierge, food and beverages, housekeeping and etc. They also have team members and employees from Asia, and Africa and other nationalities worldwide. The common problem and issues that they have found among new employees are language and cultural differences that are creating barriers when it comes to cooperation. There is also occasional disrespect of ethnicity, colors, and discriminationRead MoreThe Value Of Diversity Within The Workplace1163 Words   |  5 Pagesdiversity that can greatly help with any business development and growth. In business, diversity brings opportunities to grow, expand and reach out to other markets by utilizing the values, ideas and the diverse skills that people from many different backgrounds have to offer. Diversity it is simply the basic foundation for any business’ development. The â€Å"melting pot† was a metaphor used around the 1900’s in order to describe the fusion of many nationalities and cultures coming together in America

The Collapse Of The Communist Soviet Union Ultimately Led

The collapse of the communist Soviet Union ultimately led to the end of the cold war. The dissolution of the USSR in 1991 left the United States as the sole superpower. Thus highlighting the inferiority of communism and the superiority of western capitalism. The collapse of communism in Eastern Europe, however, was a result of both domestic and international factors including policies established by both the US and the Soviet leaders, most importantly Gorbachev’s ‘New Thinking’ reforms combined with the hard-line approach of Ronald Reagan. It has also been argued that the collapse of communism in eastern Europe was inevitable due to its moral bankruptcy, as well as the growing economic pressures which ultimately forced the Soviet Union to†¦show more content†¦Which quickly led to the dissolution of the Soviet bloc. But more importantly, these reforms contributed to the spread of nationalist oppositional groups which further weakened the Soviet Union. As a result, Gorbachev’s reforms undermined both communism and the Soviet Bloc leading to its rapid demise, contrary to his intentions. Consequently, hard-liners within the communist party attempted to stage a coup against Gorbachev in order to reassert their control over Eastern Europe. This coup, failed resulting in the Baltic states’ demands for independence. By December 1991, all 15 republics had declared their independence and subsequently, the Soviet Union seized to exist. It could be argued that the collapse of the Eastern bloc was inevitable due to the moral bankruptcy of communism. The communist ideology stresses the equality and necessity of protecting the working class. Yet, the corruption of the communist party was increasingly apparent. Thus, it could be argued that the inherent failures of the communist system itself contributed to collapse of communism in Eastern Europe. Moreover, this moral bankruptcy resulted in an alienated population. The lack of competition in industry and lack of incentives resulted in low productivity which contributed to the worsening of the Soviets’ economic system. Additionally, due to the quotas enforced by the government, it was not uncommon for managers to lie about the quantity of their production. The fact that there was littleShow MoreRelatedThe Beginning of the End for the Cold War1228 Words   |  5 Pageseconomy and diminishing legitimacy of the Soviet system at domestic level did play a crucial role , however, many realist believe that it was the US especially President Regan’s policies (Regan Doctrine) which concluded the Cold War contest with victory for the west. Kegley believes that by engaging Moscow in an arm race, the Soviet Union was dragged into a competition which exhausted their already fragile economy leading them initially into retrenchment and ultimately out of the contest. 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But, during the 20th century the country suffered demoralizing defeats namelyRead MoreSoviet Union Experienced A Sudden And Unexpected Collapse1582 Words   |  7 PagesIn December of 1991, the Soviet Union experienced a sudden and unexpected collapse. What is even more shocking about all of this is the fact that this collapse took place in just a matter of days. A Union that was once a superpower of a state was reduced to nothing in no time at all. There are a number of explanations for this sudden collapse, and each tells us a little bit more about the nature of political power, governance, and the factors that lead to perceptions of legitimacy within a governmentRead MoreThe Fall of the Berlin Wall and the Disintegration of the Soviet Union964 Words   |  4 Pagespower. The So viet Union was the first country to test these governmental strategies and it did not take long for the regime to collapse. The inevitable collapse of communism led to the fall of the Berlin Wall; this started the domino effect of freedom that ultimately led to the collapse of the Soviet Union. On Sunday, August 13th, in 1962 the Eastern German government began construction of the Berlin Wall (â€Å"Berlin Wall†). The Berlin Wall was built to divide the post World War II communist ran EastRead MoreWhat Was The Fall Of The Soviet Union1089 Words   |  5 PagesFall of Soviet Union In December of 1991, the Soviet Union separated into fifteen distinctive countries. Its collapse was enthusiastically greeted by the west as a triumph for freedom. This is a victory of democracy over totalitarianism. The US celebrated as its dreadful enemy defeated, thereafter ending the Cold War, which had fought between two superpowers, America and Soviet Union, since the end of World War II. Cory Booker says, â€Å"If you look at great human civilizations, from the Roman EmpireRead MoreThe Cold War And The Soviet Union1122 Words   |  5 Pageshostility between the U.S and the Soviet bloc, the most powerful nations in the world. The two countries fought together as allies in World War II but toward the end of the War the two nations competing ideologies and visions of the post War prevented them from working together. The Cold War was by far the biggest threat to human existence the world has ever seen, although their was never any declaration of War between the two competing n ations, the Soviet Union and the United States both had weapons

Cleopatra Essay Research Paper Cleopatra The Story free essay sample

Cleopatra Essay, Research Paper Cleopatra, The Story of a Queen Ludwig Summary of Chapter V ; Chanatos As portion of the squad presentation, the members of my group and I each read a chapter of Cleopatra by Ludwig. We were each responsible for sum uping our several subdivisions, and we created a coaction of all the sum-ups, which was presented before the category. The subdivision that will be farther summarized is the concluding chapter of the book, the decision to Cleopatra s life. This concluding chapter depicts the concluding two old ages of Cleopatra s life and all the tests and trials that she endured. It deems her as a courageous adult female of her clip with great inherent aptitudes as she was approximately to confront her concluding fate. Since Cleopatra hesitated to take sides in the civil war following her darling Caesar s decease, Mark Antony summoned her to run into with him to explicate her behavior. We will write a custom essay sample on Cleopatra Essay Research Paper Cleopatra The Story or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page The Roman shortly fell victim to her appeals and returned with her to Egypt. After populating with her for some clip, Antony felt compelled to return to Rome, where he married Octavia, a sister of Octavian. In malice of being married to Octavia, when Antony went to the East in bid of an expedition, he sent for Cleopatra. She joined him at the Antioch. After his licking, she joined him in Syria with military personnels and supplies. Afterwards, followings a more successful run against the Parthians, he celebrated his victory at Alexandria and he continued to shack in Egypt. Cleopatra, exposing her commanding ways, wanted Antony all to herself. Octavian so declared war on Cleopatra, and Antony in retaliation, divorced Octavia. Against the advocate of Antony s advisors, Cleopatra insisted on taking portion in the resulting run. At the naval conflict of Actium, believing Antony s def eat to be inevitable, she withdrew her fleet from Action and fled to Alexandria. On the attack of Octavian, Antony, deceived by a false study of the queen s decease, fell by his ain manus. Cleopatra made some efforts to convey Octavian under her appeals, but neglecting in this and hearing that he intended to exhibit her in his victory at Rome, she killed herself by toxicant. Octavian put Caesarion, her boy by Caesar, to decease. Throughout the full coda, Cleopatra was portrayed as an highly intelligent adult female, who aimed to affect and suppress. She was commanding and determined. She made uninterrupted aggravations, and she was non afraid to follow through on her actions. This book is non recommended as a research beginning, because there is no cogent evidence of it holding factual content. It was written in 1937, and was non a university publication. The book, nevertheless enlightening it may be, is rather deceptive. The ground for this is that the writer had no footers, nor a bibliography to endorse up any of his points of position or any of his statements. The narration was 3rd individual, and was from a point of view of the 1930 s. It is typical of a historiographer from that epoch due to the vocabulary that was used, and the focal point it took on. This book is nevertheless recommended as a show of the 1930 s historical positions and vocabulary. Overall, the book brought up many interesting points about Cleopatra and her personality. The book claimed that she was one of the most astute and intelligent adult females of her clip. She had a thirst for esthesis, and was full of enthusiasm. The writer did an first-class occupation in portraying Cleopa tra as such a adult female. Even as she faced her fate, she did so with pride, and was able to look back at her many achievements. The decease of Cleopatra symbolized that power, nevertheless strong it may be, does non last everlastingly.

Ruths Character in the Old Testament

There are a lot of stories in the Old Testament that chronicle the actions of God’s faithful servants. One of these is the story of Ruth. Loyalty, faithfulness, and obedience are some of the aspects displayed by the character of Ruth. Although Ruth is not an Israelite, her perseverance and persistence eventually, get her a place in the genealogy of Jesus.Advertising We will write a custom report sample on Ruth’s Character in the Old Testament specifically for you for only $16.05 $11/page Learn More This Old Testament character offers a lot of lessons to Bible scholars and Christians alike. Some of these include those of redemption and divinity. A review of her character will shed light on aspects that can be correlated to a Christian’s day-to-day life. Ruth was a Moabite woman and Naomi’s daughter in law. Naomi was a woman who had escaped famine from Bethlehem with her husband and two sons. When in Moab her husband and two son s die leaving behind two young widows. One of these widows is Ruth. When the famine is over in Bethlehem and Naomi decides to go back, Ruth insists on following her. She declares her loyalty to Naomi by saying, â€Å"your people shall be my people, your God my God, and where you will die I will die†. (New Jerusalem Bible, Ruth. 1.16–17) After both women return to Bethlehem, Ruth looks for her daily bread by gleaning in the fields of a man named Boaz. He shows a lot of kindness to Ruth and is very appreciative of her service to Naomi. Boaz’s kindness is partly due to the fact that he is Naomi’s relative. After a while, Ruth is advised by Naomi to seek marriage to Boaz. In doing so, Ruth would ensure her husband’s bloodline continues and be able to claim her inheritance. Eventually, Boaz takes Ruth as his wife. The two of them bear a son and name him Obed. This son became David’s grandfather. Obed is also an ancestor of Jesus as detailed in th e first chapter in the book of Matthew. This makes Ruth one of the few gentile characters in the Old Testament that were integrated with Jews and had great significance. Ruth’s character is an exemplary one and is enviable in many ways. For instance, right from the beginning Ruth had the option of going back to her people and remarrying. However, her loyalty to her mother in law overcomes this urge. She was willing to follow Naomi to a foreign land. By doing this, she forfeited her chance to get married again, her gods, her own people, and her position in this society, among other privileges. Because she was a gentile, she also risked being rejected by the Israelites. Her loyalty may have stemmed from the admiration she had for Naomi and her ways.Advertising Looking for report on religion theology? Let's see if we can help you! Get your first paper with 15% OFF Learn More Ruth’s character also reveals the obedience she had for her mother in law. She trus ted her advice and obeyed her orders. This included obeying the customs followed by the Israelites at that time. By doing so, Ruth might have found favor in God’s eyes. Her place as David and Messiah’s ancestor is testament to this. This obedience also appeals to Boaz the man who later marries her. Another Godly character found in Ruth is love. The love she has for her mother in law is immense. This love is portrayed by Ruth’s care for Naomi. Even when she had the chance to pursue her own endeavors, she chose to care for Naomi. This fact was well known throughout the town as it was said Ruth gave Naomi the service of seven sons. It can also be assumed that she had the same love for Naomi’s God. Her diligence and hard work paints a picture of a woman who took actions in the hope that God will bless her. Right from the start Ruth knew it was upon her to fend for her mother in law. Later her diligence pays off as God helps her out of her initial poverty. She also gains a piece of land as her inheritance (Nielsen 24). There are many lessons that can be learnt from Ruth’s character. One of such is the fact that God rewards those who make great sacrifices. If one chooses to honor and follow the Lord, He in turn bestows great things to him/her. Ruth gave up a lot. In the end, her sacrifice is rewarded. Another lesson is that God’s blessings are not restricted to color and race. From the story of Ruth, it is clear that God blesses whomever he chooses to bless. Personally, I can relate to Ruth’s character. It is only after I chose to give up worldly pleasures that I started witnessing good things in my personal life. In the beginning, it seemed like following in the Lord’s footsteps was an effort in futility. However, a few years down the line my education and personal life are better than they were before I made the sacrifice. One may be of the opinion that making sacrifices is a restraining endeavor. However, it has now become clear to me that making sacrifices may be a gateway to better things in life. Works Cited Nielsen, Kirsten. Ruth: A Commentary, Louisville, Kentucky: Westminster John Knox Press, 1997. Print. The New Jerusalem Bible. Ed. Susan Jones. New York: Doubleday, 1985. Print.Advertising We will write a custom report sample on Ruth’s Character in the Old Testament specifically for you for only $16.05 $11/page Learn More This report on Ruth’s Character in the Old Testament was written and submitted by user Lailah Leon to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.

The economic growth of China and India

The economic growth of China and India Introduction All economic measures and structures of statistical comparison show that China’s economy has grown faster and is higher than that of Indias.Advertising We will write a custom essay sample on The economic growth of China and India specifically for you for only $16.05 $11/page Learn More In the recent past, China’s economy has grown mainly because of expedient implementation of policies by the Chinese government. Then again, the fractured system of the Indian government has been the main reason why the Indian government has been unable to implement its policies at a faster rate. This has therefore, led to the slow growth of the economy. However, the leadership of China is very effective in spearheading all sectors within its economy. This has speeded up the growth of China. Since the adoption of market-oriented economies, these two countries have ushered strategies of development that are largely similar. China has adopted measures w ith an objective of coming up with policies aimed at reforming the closed economy. For a long time, India has also been undertaking policies, which objective was to improve its economic performance. Macro-economic analysis of the two economies shows that they continued implementing of policies in order to stimulate their growth1. Per capita income Macroeconomic analyses of China and India show that the per capita income of the two countries was almost the same in the early 1900s. India was even ahead of the Chinese economy in terms of the income earnings. However, the pace of growth of the two economies changed tremendously after the World War. Statistics from the World Bank shows that China’s GDP has been growing at a rate of 10% per year while the annual GDP of India has been growing at a rate of 8 % to 9 % per year.Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More However , China’s growth looks more sustainable with an increase of its fixed investments in overseas markets. This indicates that China’s GDP might even grow further if the economy continued to be open to the world market2. In both countries, the macroeconomic data on investment and savings rates is subjected to digital errors. Although many analysts may argue that China’s economic growth has been overrated, it is evident that huge investment into its physical capital proves that the country has experienced more economic growth than India, its counterpart. Although investment in physical capital alone is not enough to foretell the growth of the economy, it is evident that total productivity of China is higher than that of India. However, the pace of economic growth of India became high with implementation of projects such as the economic stimulus programs. These programs have provided the steady growth in the economy of India predictable because they came with roadmaps and estimates of the effect they had on the economy3. Foreign direct investment Economic projections from the World Bank show that India’s economy has a potential for growth. Unlike China, India has very few investments in other nations from all over the world. China, on the other hand, faces the risk of losing most of its investments. The new infrastructure invested in China and the increase in credit in India show that there is a bigger growth of credit in India than in China. The banking system of India has adopted policies for providing its people with money, which they use in investment and real estate development.Advertising We will write a custom essay sample on The economic growth of China and India specifically for you for only $16.05 $11/page Learn More The lending rates in India have fueled increase in prices of essential commodities and sparked an increase of inflation. This slows the performance of the economy over a period. The flow of net income from direct investment of foreign countries in China is higher than the one that flows into India. China also has a better investment in environment than India. This investment in environment is a creation of the government through implementation of policies. It has an efficient foreign policy characterized by policies of trade between its partners. In fact, China has efficient policies for trading with other countries, which enhances good environment for trade in goods and services. China’s bilateral relations with other countries in Asia show its willingness to trade with countries that have raw materials for its industries. This enhances the growth of industries in China. On the other hand, India has weak relations with other countries in Asia such as South Korea and Pakistan. This acts as an impediment to the growth of India in foreign markets4. After the world wars, there was a great recession in Asian market and these saw many people losing employment in bot h India and China. Since then, China has adopted efficient methods of fighting against the recession while India has slow policymaking strategies, which have prevented the growth of the economy. China adopted very efficient methods, which have seen the increase in its economic output. However, India did not put its sectors of production at risk but went ahead and implemented policies that have helped stimulate economic growth.Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More India’s hefty stimulus package has helped it increase its economic output, and it has helped India enhance the growth of GDP and per capita income. The monetary policies, implemented by India, have helped it invest into areas that were more productive. This has increased the growth of the economy of the country5. Exports and Imports A comparison of the contribution of exports in both countries shows that China’s exports represent 35% of the GDP while those of India represent only 25%. India also has a higher domestic consumption than China, and this shows that India has a slower growth than China. With huge imports from the United States and European countries, India’s economy is prone to slow growth rates. However, China has protected itself from the losses brought about by the huge imports from other countries. This has led to the country investing in other nations. The country has also built huge capital investments in other countries to stimulate the growth of its economy. The fiscal position of China is higher than that of India. In fact, India’s fiscal deficit is 3% while China has 25.5%. The huge fiscal deficit for China is because of its huge expenditures, which are due to the high costs of living and policies. The two lead to an increase in taxes. Nevertheless, the government of India has relaxed, and it has failed to be more productive over time. Secondly, the fiscal policies in India do not address the banking and financial systems, and this has led to slow production. The Indian currency has also declined with time with the rupee having a huge fall over the US dollar6. Poverty trends One of the basic facts is that the poverty trends in both countries have significantly dropped over time. The household expenditure survey in both countries shows that there is a huge change in poverty estimates in India. The price indices, which are a good indicator of poverty levels, also show that they have declined over time. The assumpt ions from the researchers show that there is a decline in the levels of poverty between the two countries. The gap between the rich and the poor individuals in India has also declined over time. This has been stimulated by the economic stimulus projects and by the policies, which have led to a reduction in poverty levels in both countries. However, poverty estimates in China suggest that there has been a huge reduction of poverty7. Due to growth of human capital in China, there has been a reduction in the regional disparities between the two nations. The income disparity in China is slower than that of India. This is due to the projects whose objective is to develop many regions in China. Estimates also show that the income of an Indian worker is lower than that of a Chinese worker. This makes it possible for the Chinese worker to produce more, which in turn leads to increased disposable income. On the other hand, the contribution of an Indian worker into the gross national producti on is lesser than that of a Chinese worker. The reason is that there are many unemployed people in India’s population as compared to China’s population. International market share With regard to globalization and integration of Industries, it is arguably evident that the Chinese economy continues to outpace all other countries in Asia. This is due to its innovations that have led to an increase in the nation’s Merchandise. In fact, Chinese exports represent 5% of exports in the world market whereas India’s exports represent 0.8% of all exports in the world. It is thus evident that the share of China’s exports is phenomenal and that it represents an economy that contributes to labor-intensive trade. Since the 1980s, the Chinese share of the world’s economy has grown widely, and thus China has contributed to huge growth of commodity markets in the world’s economy. The trend of Chinas growth is going to continue with the pace of capturin g the market share if the government in India does not open itself to the international economy8. Although manufacturing is the mainstay of India’s economy, it is evident that the Chinese economy has produced much as compared to its Indian counterpart. However, a comparison into the prices of commodities in the Indian market shows that the Indian prices are lower than Chinese prices. Amazingly, Chinese manufacturing companies usually export their finished products into Indian markets. In addition, the exchange rates are relatively the same and this means that China continues to be far much ahead of India. Moreover, China exports commercial services to India. The country has also enacted policies that aim at reduction of exports to other countries thus making it globally competitive9. Information technology With regard to information technology and software exports, India is a giant. This is because in every fiscal year, India jets 15-20 billion US dollars into its economy. Th e Chinese information technology and software exports lag behind because they are as good in English as their Indian counterparts. China also lacks experts in management and has a curriculum that does not give a room for the development of the Chinese language, thus making the country lag behind other countries, like India. Experts argue that in the future, China will catch up with India in the production of software and Information technology facilities. This is because the government of China has come up with policies that enable the country to invest in the Information technology sector. Trade of commodities India is also far much ahead of China in terms of pharmaceutical export. International bodies such as the United Nations usually rely on vaccines and other medicinal products from private companies in India. Studies show that if India changes into a fast growing economy like other developed countries in the world, it will become a super power. This is because India has econom ic inputs such as abundance of natural resources, large human labor, and dynamic brainpower. These factors are vital for the spearheading of the growth of any economy. In addition, the supply of pharmaceuticals plus the dynamic information technology will act as the catalysts for growth stimulation. They are therefore vital in the development of the Indian economy. It is thus evident that the process of implementation of policies in India needs a change in order to contribute to the growth of the national economy10. China’s trade with developed nations has also increased tremendously with time. This has led to creation of surplus and foreign reserves. It also helps to supplement for the foreign surplus and increase its account balances thus creating a substantial increase in the exchange reserves. This helps reducing the volatility of its imports from other countries and help in supplementing the reduced exports. Estimates show that the foreign reserves of China amount to $92 billion. However, there is also an increase of India’s balance of payments. This is because the foreign reserves of India are also high but they cannot account for the increase in the exports from other countries, thus slowing the growth of the economy. This still makes China to be far much ahead in terms of trade of manufactured goods. Trade of services The trade of services in China is very high. It is due to the high productivity of work, which is literally forming part of China’s exports. In fact, Chinas exports its experts to other countries such as the United States. On the other hand, the services traded are knowledge intensive and require the Chinese people to be more educated than their Indian counterparts. This means that Indian workers are less productive, and thus they do not represent much productivity into the economy of the country. Secondly, India does not trade sophisticated goods and services, and this makes the country lag behind. However, per capit a income in India is high due to the balance of the economy and the high returns of trade in goods. The future of Indian economy can be successful if the economy grows in terms of production of services more than goods. It is evident that the growing economies trade more in services than in goods. India should also improve its barriers to investments, which include the cultural barriers, slow implementation of policies ,and open its closed markets. The government of India should also give its people the freedom to have international trade through implementation of policies. Affordable credit should also be availed to Indian investors if they are to contribute substantially to economic growth in their country. India should also open its narrowed gaps with international countries to increase its level of trade. Conclusion In conclusion, for many years economists and other parties have considered China and India as super powers due to their fast growing economies. The two Asian nations have adopted strategies that favor internal and external markets thus creating a good environment for regional and international trade. Through increase in their direct investments and the opening of their closed markets, these two countries have speeded their economic growth. However, China’s growth in production of goods and services is phenomenal. In addition, China is still ahead of India in terms of increase in foreign reserves, huge direct investment in other countries and even increase in globalization of its industries. The poverty rates in China are also minimal as compared to the rates of poverty in India. Moreover, China is far much ahead of India in terms of the fiscal position and the gross domestic product. Nevertheless, India has a potential for growth due to its increasing market share and per capita income. However, the future looks predictable with China’s economy being more predictable than India’s economy. Bibliography Allen, Richard, and To mmasi Daniel. Managing public expenditure: A reference book for transition countries. Paris: OECD, 2001. Bardhan Pranab. Awakening giants, feet of clay assessing the economic rise of China and India. Princeton, N.J.: Princeton University Press, 2010. Chai, Joseph, and Kartik Roy. Economic reform in China and India: development experience in a comparative perspective. Cheltenham: Elgar, 2006. Ekins, Paul. Trade, globalization and sustainability impact assessment: A critical look at methods and outcomes. London, UK: Earth scan, 2009. Hall, Robert, and Marc Lieberman. Microeconomics: principles and applications. Mason, OH: Southwestern, Cengage Learning, 2010. Harrison, Denis, and Szell Gyorgy. Social innovation, the social economy and world economic development: democracy and labour rights in an era of globalization. Frankfurt Main: Lang, 2009. Jovanovich, Miroslav. International handbook on the economics of integration. Cheltenham: Edward Elgar, 2011. Kaufman, Robert. A concise histo ry of Chinese foreign policy. Lanham: Rowman Littlefield, 2010. Moschandreas, Maria. Business economics. London: Business Press, 2000. Saada, Adel. Elasticity: Theory and Applications, Boston, J. Ross Publishing, 2009. Footnotes 1 Bardhan Pranab. Awakening giants, feet of clay assessing the economic rise of China and India. Princeton, N.J.: Princeton University Press, 2010. 2 Robert Kaufman. A concise history of Chinese foreign policy. Lanham: Rowman Littlefield, 2010. 3 Adel Saada. Elasticity: Theory and Applications, Boston, J. Ross Publishing, 2009. 4Richard Allen and Tommasi Daniel. Managing public expenditure: A reference book for transition countries. Paris: OECD, 2001. 5Denis Harrison and Szell Gyorgy. Social innovation, the social economy and world economic development: democracy and labour rights in an era of globalization. Frankfurt Main: Lang, 2009. 6 Miroslav Jovanovich. International handbook on the economics of integration. Cheltenham: Edward Elgar, 2011. 7 Paul Ekin s. Trade, globalization and sustainability impact assessment: A critical look at methods and outcomes. London, UK: Earth scan, 2009. 8 Moschandreas, Maria. Business economics. London: Business Press, 2000. 9 Robert Hall and Marc Lieberman. Microeconomics: principles and applications. Mason, OH: Southwestern, Cengage Learning, 2010. 10 Joseph Chai and Kartik Roy. Economic reform in China and India: development experience in a comparative perspective. Cheltenham: Elgar, 2006.

The Attitude towards Alzheimer's Essay Example | Topics and Well Written Essays - 1000 words

The Attitude towards Alzheimer's - Essay Example Although research on care-giving disproportionally deals with topics such as costs of care, service utilization, and negative psychosocial outcomes etc, the influence of the attitude towards Alzheimer's on the care-giving to the patients has not attained significant attention in researches. Researches on the attitude of the family members towards Alzheimer's have great relevance as it can aid better care offered to the individuals with Alzheimer's by the people immediately close to them. As it is families who deal with life, it is important for families to deal with diseases, especially a disease like Alzheimer's. "Given that Alzheimer's is a disruptive yet often subtle disease, infinitely variable, it tends to bring about family crisis, even in the best organized and healthiest of families. This is because the beginnings of the disease involve gradual loss of ability to function well in life, rather than specific symptoms needing specific treatment. It is a disease of behaviors, and families have to make decisions about their own behaviors in response to the illness. In families with unhealthy interaction patterns, Alzheimer's disease becomes a new battleground." (Gray-Davidson, 1999, p. 47). Therefore, the attitude of the families towards Alzheimer's has an important impact on the care offered to individuals with Alzheimer's disease and a research on the different attitudes can contribute to a better health-care offered to patients with Alzheimer's. Scope The attitude of the families towards Alzheimer's has been found one of the most essential factors influencing the type of care offered to individuals with Alzheimer's. A reflective analysis of the various common attitudes towards Alzheimer's and their influences on the health-care can determine the various effective ways to treat the patients and help them in coping with the particular situation of the life. Therefore, the scope of research concerning attitude of the families towards Alzheimer's is vast and this specific study focuses on determining the essential elements in the different attitudes towards Alzheimer's. Hypothesis One of the basic factors determining the care given to individuals with Alzheimer's is the attitude of the families towards Alzheimer's as family is the essential unit of the society to deal with the issues confronting individuals with Alzheimer's. Therefore, the underlying hypothesis of this study is that the attitude of the families towards Alzheimer's has a major influence on how the patient is treated and looked after in the family background and it is essential to develop a positive attitude towards Alzheimer's in order to assist the patient effectively. Literature Review Various types of attitudes by different section of the society towards Alzheimer's have a major influence on the diagnosis, health-care, and treatment of the disease. For example, a physician's positive attitude towards Alzheimer's has been found one of the most essential factors in early diagnosis of the disease and it can affect how the patient is offered health-care in the course of the disease. "In their ongoing study, Paterson and colleagues found that a doctor's positive attitude about the identification and treatment of dementia is the most