Green House Emission Essay Example | Topics and Well Written Essays - 1500 words

Green House Emission - Essay Example He has connected rise in population with the exploitation of resources. This has been stated as the core reason in the deterioration in the quality of the commons. All the other agents which affect the common resources are resultants of population explosion. Taking this approach into account, the arguments of Garret Hardin are holistic in terms of suggesting solutions in the management of the commons. The core argument that the paper makes is that there is no technical solution possible towards the problem of population. There are limitations to bringing in regulations to the rights of people in terms of utilizing resources. According to the author, what is important is to have mutually agreed understandings so that the limits of exploitation are maintained. The author begins the article by citing various proofs to the argument that technical solutions never solve certain problems. The thesis of the article is that the population problem is a task without a technical solution. The pe ripheral solution sought to tackle this problem has been thoroughly criticized by the author. He has quoted innovations like high yielding varieties of crops and large scale fishing as examples of technologies which was intended to cater for the increasing population but failed to do so. The gradual process of boundaries being created on the use of farmland and other resources has been described. The author refers to pollution as the counter reaction of over population. The arguments posed by the author are convincing as the observations made by him are proving to be true after more than forty years. It must be noted here that the article was written in 1968. The aftermaths of overexploitation of resources were not evidently observable in that period. Thus, in the event of climate change and all the other impacts caused on the environment due to overexploitation of resources, it can be stated that the author could foresee all that. It has been reported that as a consequence of over exploitation of resources, many mountain glaciers will be gone by mid-century; Glacier National Park, for example, will be likely to lose its glaciers by 2030 (Pew Center on Global Climate Change. Part 2, 2011) The basic thesis of the article is that the problem of population has relations with the freedom of breeding. Thus, the choice of people to have control over the usage of resources is the most feasible solution towards the equitable sharing of resources. A sense of mutual coercion has been recommended by the author in order to define to breed or not to breed. The decision to breed lies in the context of utilization of resources, in other terms, the decision to set one’s own limit in utilizing the resources of the nature. According to the author, it is the self-control which would regulate people in judicious use of common resources. The author has cited the case of cattle grazing on a pasture to explain this. Ideally, this is the right mechanism possible to regulate a community to maintain ethical boundaries. However, in the diverse and complicated social and economic setup of today’s world this policy may not be easy to follow. The basic issue here is that ethical understanding of various communities and regions towards the nature and optimal exploration of resources differs largely. It must be interesting to quote here that there are communities in the world which take a divine approach towards nature and use its resources with utmost care and

Supplay chain management Research Paper Example | Topics and Well Written Essays - 3000 words

Supplay chain management - Research Paper Example Any business that fails to do so is prone to failure and its survival as a going concern is in doubt. To attain the three main objectives of a business, the business needs to attain sufficient revenue and resources in the form of fixed assets and working capital (Muller, 2003: 1). Working capital include the resources used in the trading activities of a business. Working capital is important because it is the resource base that is used to attract more profits through trade. It is through profitability that a business can earn liquid resources to fund its existence. On the other hand, there is the need growth and expansion, which is characterized by the holding up of wealth in fixed assets. This is also a vital part of the growth of an organization because holding more assets enables a business to expand appropriately and remain a stronger going concern. This means that fixed assets are essential and necessary for the expansion and promotion of business. However, locking up too much o f your capital in fixed assets leads to over-capitalization and this leads to a situation where there will be limited working capital for trading purposes (Chakraborty, 2003: 2). On the other extreme, holding too much working capital leads to over-trading which stands in the way of growth and survival of the business. There is therefore the need for businesses to draw a balance between the extent of locking up capital in assets and in trading activities. Inventory or stocks is an important element of business because in most production entities, inventory represents over 50% of the cost of production (Bragg, 2004: 1). This therefore means that inventory is a major factor that determines the nature, existence and operations of a business. The elements of inventory costs include cost of purchase, cost of storage, labor to receive, checking quantity, retrieval, selection, packing, shipping and accounting for it (Muller, 20030 p2). These costs sum up to very high amounts that are materi al in the financial statements of the business. Inventory is vital in the cost structure of businesses. This is because it can be a point for the lock up of immense working capital which can affect trading as well as the capitalization of the the business. Inventory therefore has to be monitored regularly and closely to ensure that it does not become an avenue for the inefficient use of a business' wealth. The inventory must therefore be monitored and managed through various units of an organization like purchasing, production planning, inventory control, receipt and storage and distribution of inventory. (Bose, 2006: 31). This is done by the use of various techniques and skills in managing the purchase and movement of stocks. Bose (2006: 31) argues that some techniques can be used by managers to ensure the efficient use of resources for the monitoring and control of the inflow and dispatch of stocks as a component of supply chain management. These techniques include Just-in-Time (J IT), Economic Order Quantity (EOQ) and Re-order Point/Point of Safety Stock. These techniques help managers to take decisions that help the management of organizations to ensure that the right levels of stocks are kept at any given point in time to ensure that production goes on without the lock up of capital. On the other hand, it enables the management to order for stocks at the right time to ensure that there are no stock-outs which leads to idle time in businesses. Re-order Point The re-order point concept