second language acquisition and factors that affect second language acquisition This section elaborates on the definition of second language acquisition and factors that affect second language acquisition, and the key factors include age, aptitude, interference of first language, individual variations, routine and patterns, attitude, intelligence, motivation, personality. Some factors are prevailing, while other factors are termed as to be equal, but they all relay contribution to the failure or success of the second language acquisition. Definition of Second Language Acquisition SLA Acquisition can also be termed as learning. However, acquisition, on the other hand, can be applied to relay different meanings and applications, such as second language acquisition. The process in which an individual learns another language is sometimes known as acquisition instead of learning. In addition, acquisition is the unconscious learning of a language in the most natural form, and mostly it does not depend on language teaching. Also, learning can be termed as a conscious study process through formal instruction, such as classroom language learning. According to Jack Richard85 el al. (1995). The second language acquisition is the…
EU Influence in Strategic Decisions in the Banking Sector The banking sector is a regulated industry in the globe. Major governments encourage the deregulation and liberation of the banking industry at Euro and global levels (Caporale, Rault & Sova 2015). The EU instituted the European Central Bank (ECB), and the European Banking Authority (EBA) tasked to establish a single supervisory framework for the banking industry. According to Balcerzak, Kliestik, Streimikiene, and Smrcka (2017), the EBA implements a standard set of rules to create a transparent, efficient, and stable market for EU financial products. The establishment of the EBA and ECB influences the organizational management, structure, and strategic decisions made by financial institutions across the EU. According to Chortareas, Girardone, and Ventouri (2012), regulatory agencies develop and implement rules for all banking organizations. The core strategies influenced by the EU include company reporting and auditing, payment services, and risk management (De Grauwe 2013). Additionally, EBA and ECB oversee the banking unions, insurance, pensions, and consumer financial services. The EU maintains key banking services legislation that guides and regulates the banking sector…
economic analysis explaining price fluctuations of Rubber in Singapore/ Malaysia between 2013 and 2018 Malaysia is the world-leading exporter and producer of natural rubber. The country also has the largest consumption of the natural rubber. The prices of natural rubber have been fluctuating widely between 2013 and 2018. The paper attempts to explain the prices fluctuations; this can be attributed to various variables such as demand and supply, inflation rates, currency exchange rates and crude oil price. The demand has an effect of increasing or decreasing the price; excess demand leads to an increase in price while a shortage of demand leads to a decrease in demand. A rise in production leads to a decrease in price. Increase in inflation rate leads to an increase in price. Exchange rates can either increase or decrease price. Crude oil price affects the production of synthetic rubber. Changes in demand and Supply D1 Supply The demand for rubber both domestically and internationally affects the price of natural rubber. Generally, the increase in demand leads to an increase in price and decrease in demand…
Analysis of The Life Confessions of Joseph-Johnson Green Joseph-Johnson Green was born in the state of Massachusetts during the slavery era in America. His parents were not married, and his mother was white while his father was a black man. However, he associates with his father due to his color even though he takes up his mother’s maiden name, Green. He narrates that he started stealing at an early age of twelve years, and this becomes a problematic habit of stopping because even as an adult, he is still a thief. Thus, his criminal activities lead to his persecution. He even serves in the American army during the Revolutionary war against the British but again steals a few shillings. The life confessions of Joseph-Johnson Green tell the story of how the issue of race played a role in shaping his life towards a life of crime from an early. Similar to the lives and life experiences of most black people in America during the eighteenth century, racism and discrimination were a massive part of their lives. Joseph-Johnson Green is a…
Literature review: nature, impact, and challenges of dairy industries 2.1 Introduction This chapter contains an analysis relevant to the literature of the study. It entails the nature, impact, and challenges of dairy industries, especially in rural development. 2.2 Empirical review of literature Agriculture plays a significant role in rural landscapes, which is the basis of rural development. Agro industries thrive in rural areas which are founded on agricultural economic activities as an aspect of rural development. Dairy industries are a significant contributor to rural development in Githunguri Sub County in Kiambu County. The dairy industry is one of the most significant contributors to GDP through processing industries. Dairy industry activities contribute to 14% of GDP and 3% annual growth in the economy. The rural areas are the sources of raw materials that are used in agro-industries. Dairy industries involve the use of technology-based equipment during the collection, storage, and cooling activities. It is a sustainable and suitable technology which have been efficient in moving industrial activities from traditional to automated systems. As part of industrialization, the dairy industry is…
Risk assessment in water production and management Introduction Different techniques of risk assessment are applied to onshore gas and oil production and help in determining threats to water quality and quantity. Technologies used in advanced hydraulic fracturing on water production management is essential to ensure that there is easy access to schools, workplaces, and homes (Aqlan, Faisal & Lam 2015). As a result, there is human exposure potential that includes health risks and pollutants. Therefore, the release of chemicals occurs throughout the water life cycle, and a well-site continuing and preparation is vital through hydraulic fracturing that ensures better production, maintenance, as well as abandoning and plugging (Funari & Enzo, 2017). Risks to workers in unconventional gas and oil companies from those working, recreating, or living nearby. Moreover, hazardous materials and chemicals, as well as spills released, leads to accidents and injuries. Risk assessment methods for onshore gas and oil production Technological advances have allowed directional drilling that is accompanied by hydraulic fracturing of high-volume. As a result, large deposits are made on unconventional gas and oil and facilitates the…
management report Executive Background This management report starts with an executive summary of the HSBC Holdings plc. The HSBC Holdings plc is an international bank whose name originates from its founding member, The Hongkong and Shanghai Banking Corporation Limited. This company’s headquarters are in London, United Kingdom. It was established as a local bank in the year 1865, and it was supposed to fulfill international objectives such as to facilitate the growing trade in the various regions of Europe, India, and China. Thomas Sutherland, a Scot who was an employee of the Peninsular and Oriental Steam Navigation Company, was one of the key proponents of the idea of founding the Bank (Koller, 2007). He attributed this to the rising demand for banking facilities in Hong Kong. After its establishment, the Bank sought to expand its customer base and the services it provided to its customers by opening more branches in different regions. Eventually, the Bank established itself as a massive undertaking operating in both local as well as international finance. By the end of the 19th century, HSBC had established…
Flexible model of exchange rate determination, its application and empirical testing Introduction Adoption of the flexible exchange rate model is crucial as the global economies get closer ties to the international financial markets (Duttagupta et al., 2005). However, there have been various debates by scholars through empirical tests on the applicability of the model. The concept of a flexible model for exchange rates prices has the assumption that there is flexibility in the prices of goods, but the purchasing power parity remains the same (Frenkel, 1976). In this, the real exchange rate is depicted to always remain constant. There is also the assumption that the foreign money demand function remains stable, the existence of uncovered interest parity and the presence of perfect capital mobility (Bilson, 1978). The model was introduced in 1976 and has since faced further development, and the various scholars have texted the applicability of the model. The analysis provides a description of the flexible model of exchange rate determination, its ability to explain the foreign exchange movements and its performance based on the various empirical tests conducted. A flexible model…
Financial and Economic Crisis in Turkey Turkey received a lot of accolades for exceptional economic performance. It was heralded as one of the fasted growing economies in Asia following China. There were massive investments, and the standard of living significantly improved. However, in the last decade, companies in turkey borrowed considerably, with 60% of the debt being external in terms of dollars and euros. This was risky for the companies because they make their earnings in liras. This meant that if the lira lost value with respect to other currencies, it becomes challenging for the companies to steal the debts (Ercan, 2019). While the credit boom was taking place in Turkey, there were lose monetary policies that allowed the economy to grow steadily but failed to keep inflation in check. When inflation financially occurred in 2018, there was a crisis in the economy as companies struggled to pay loans due to shrinking earnings. This essay will focus on the current financial and economic crisis in turkey. Causes of Turkey’s Financial Crisis Turkey’s economy grew by just 2.4 percent in 2018…
Economics of Social Innovation and Policy The Organization for Economic Co-operation and Development (OECD) is an international organization whose purpose is to stimulate world trade and economic progress. OECD defines terms such as social innovation and welfare economics and provides socially innovative programs and initiatives (Morgan & Volante, 2016). It also builds policies that enhance support income distribution, environment, education, equality, and access to the job market among its member countries. Given the focus on new alternatives that already exist, phenomena like social innovation and welfare economics are, by nature, difficult to define. Therefore, it is critical to follow the OECD’s definitions as they more substantive and precise meaning. According to the Local Economic and Employment Development Committee (LEED) of the OECD, social innovation refers to a conceptual process in which organizational change and alterations in financing can engage in relationships with new territories and new stakeholders. The definition links social innovation to local development by presenting social innovation as the means to improve the welfare of people and the community, as well as the path, makes to the relationships…