The Vision And Mission Of ITC

The Vision And Mission Of ITC ITC is one of Indias foremost private sector companies with a market capitalisation of over US $ 30 billion and a turnover of US $ 6 billion. ITC is rated among the Worlds Best Big Companies, Asias Fab 50 and the Worlds Most Reputable Companies by Forbes magazine, among Indias Most Respected Companies by Business World and among Indias Most Valuable Companies by Business Today. ITC ranks among Indias `10 Most Valuable (Company) Brands, in a study conducted by Brand Finance and published by the Economic Times. ITC also ranks among Asias 50 best performing companies compiled by Business Week. ITC has a diversified presence in Cigarettes, Hotels, Paperboards Specialty Papers, Packaging, Agri-Business, Packaged Foods Confectionery, Information Technology, Branded Apparel, Personal Care, Stationery, Safety Matches and other FMCG products. As one of Indias most valuable and respected corporations, ITC is widely perceived to be dedicatedly nation-oriented. Chairman Y C Deveshwar calls this source of inspiration a commitment beyond the market. ITC practices this philosophy by not only driving each of its businesses towards international competitiveness but by also consciously contributing to enhancing the competitiveness of the larger value chain of which it is a part. ITC employs over 26,000 people at more than 60 locations across India. The Company continuously endeavours to enhance its wealth generating capabilities in a globalising environment to consistently reward more than 4,05,000 shareholders, fulfil the aspirations of its stakeholders and meet societal expectations. (assis, 2003) The ITC Vision Mission Sustain ITCs position as one of  Indias most valuable corporations through world class performance, creating growing value for the Indian  economy and the companys stakeholders. THE ITC MISSION To enhance the wealth generating capability of the enterprise in a globalising environment, delivering superior and sustainable stakeholder value. The ITC Way ITC is a board-managed professional company, committed to creating enduring value for the shareholder and for the nation. It has a rich organisational culture rooted in its core values of respect for people and belief in empowerment. Its philosophy of all-round value creation is backed by strong corporate governance policies and systems. ITCs CORPORATE STRATEGIES are : Create multiple drivers of growth by developing a portfolio of world class businesses that best matches organisational capability with opportunities in domestic and export markets. Continue to focus on the chosen portfolio of FMCG, Hotels, Paper, Paperboards Packaging, Agri Business and Information Technology. Benchmark the health of each business comprehensively across the criteria of Market Standing, Profitability and Internal Vitality. Create distributed leadership within the organisation by nurturing talented and focused top management teams for each of the businesses. Continuously strengthen and refine Corporate Governance processes and systems to catalyse the entrepreneurial energies of management by striking the golden balance between executive freedom and the need for effective control and accountability. CORE VALUES ITCs Core Values are aimed at developing a customer-focused, high-performance organisation which creates value for all its stakeholders: Trusteeship As professional managers, we are conscious that ITC has been given to us in trust by all our stakeholders. We will actualise stakeholder value and interest on a long term sustainable basis. Customer Focus We are always customer focused and will deliver what the customer needs in terms of value, quality and satisfaction. Respect for People We acknowledge that every individual brings different perspectives and capabilities to the team and that a strong team is founded on a variety of perspectives. We want individuals to dream, value differences, create and experiment in pursuit of opportunities and achieve leadership through teamwork. Excellence We do what is right, do it well and win. We will strive for excellence in whatever we do. Innovation We will constantly pursue newer and better processes, products, services and management practices. Nation Orientation We are aware of our responsibility to generate economic value for the Nation. In pursuit of our goals, we will make no compromise in complying with applicable laws and regulations at all levels. GLOBALISATION: ITCs mission is to sustain and enhance the wealth-generating capacity of its portfolio of businesses in a progressively globalising environment. As one of Indias premier corporations employing a vast quantum of societal resources, ITC seeks to fulfil a larger role by enlarging its contribution to the society of which it is a part. The trusteeship role related to social and environmental resources, aligned to the pursuit of economic objectives, is the cornerstone of ITCs Environment, Health and Safety philosophy. In the multi-business context of ITC, Corporate Strategies are designed to create enduring value for the nation and the shareholder, through leadership in each business and the attainment of world-class competitive capabilities across the value chain. To contribute to sustainable development through the establishment and implementation of environment standards are scientifically tested and meet the requirement of relevant laws, regulations and codes of practice. To take account of environment, occupational health and safety in planning and decision-making. To provide and maintain facilities, equipment, operations and working conditions which are safe for employees, visitors and contractors at the Companys premises. To institute and implement a system of regular EHS audit in order to assure compliance with laid down policy, benchmarked standards, and requirements of laws, regulations and applicable codes of practice. SWOT ANALYSIS: STRENGTHS MANAGEMENT experienced broad base of interests and knowledge PRODUCT LINE unique, tastes good, competitive price, and convincement. MARKETING diverse and global awareness. PERSONNEL international, diverse positions, high sakes revenue, high sale growth, large capital base. MANUFACTURING low costs an liabilities due to outsourcing of bottling. RESEARCH AND DEVELOPMENT continuous efforts to research trends an reinforce creativity. CONSUMER/SOCIAL huge market in the healthy products and growing market for specialized foods for ethic groups. COMPETITIVE distinctive name, product and packaging in with regards to its markets. TECHNOLOGICAL internet promotion such as banner ads and keywords can increase their sales and more computerized manufacturing their efficiency. ECONOMIC consumer income is high, more tend to eat out, convenience is important to us. WEAKNESS : MANAGEMENT large size may lead to conflicting interests. PRODUCT LINE new one calorie product have no existing customer base generic have brands can make similar product. MARKETING may lose focus, may not be segmented enough. PERSONAL possible conflicts due to so many people, possible trouble staying focused. FINANCE high expenses may have trouble balancing cash-flow of such a large operation. RESEARSH DEVELOPMENT may concentrate too much on existing product, inter apreneuralship may not be welcomed. CONSUMER/SOCIAL more expensive products, such a high price may limit lower income family from buying on ITC product. COMPETITIVE not entrails patentable, constant reliability by competitors. TECHNOLOGICAL computer break downs, viruses and hackers can reduce efficiency and must constantly update products or other competitors will be more advanced. ECONOMIC very elastic demand, almost pure competition. OPPORTUNITIES: Expected 30% CAGR in organized market to result in better footfall and conversion rates. Entry into Tier 2 Tier 3 cities. Collaboration with foreign player because of a national brand. An opportunity to diversify its operations in e-relating. As big company of India can go globally. THREATS; Employee shortage and attrition due to rapid growth in the whole market. Impact of slowdown in consumer spends to be felt in FMCG market. Opening up of economy for free entry of foreign players. (Anon., n.d.) PEST ANALYSIS: POLTICAL Congress Dominance Politically active unions Govt. took over sick companies. MNCs urged to liquidate equity with a cap of 40% Multiparty coalitions causing political uncertainty Rural job program launched in 2006 Reduced economic control opened economy to imports Govt. Approved 51% FDI provided company engaged in single branding. ECONOMIC Favoured capital goods, increased black market Low competition in domestic market Not competent enough for international level Lower purchasing power of consumer Foreign investment discouraged Indias rapid GDP growth led to increase in spending power Increase income 56% demand for FMCG product from rural sector. SOCIAL Abundance of low wage sector 88 % of rural population below poverty line Rural access hampered by poor road ,rail telecommunication links NGOs to assist smaller level cooperatives Combination of low wage relatively high skilled labour TECHNICAL IT sector grew rapidly Internet usage access to rural sector Increased mediums to information available ITC provided web portal Limited mediums avaible to promote brand building. Corporate Governance: Preamble Over the years, ITC has evolved from a single product company to a multi-business corporation. Its businesses are spread over a wide spectrum, ranging from cigarettes and tobacco to hotels, packaging, paper and paperboards and international commodities trading. Each of these businesses is vastly different from the others in its type, the state of its evolution and the basic nature of its activity, all of which influence the choice of the form of governance. Globalisation will not only significantly heighten business risks, but will also compel Indian companies to adopt international norms of transparency and good governance. ITCs governance policy recognises the challenge of this new business reality in India. Corporate Governance emerge the cornerstones of ITCs governance philosophy, namely trusteeship, transparency, empowerment and accountability, control and ethical corporate citizenship. Core Principles ITCs Corporate Governance initiative is based on two core principles. These are Management must have the executive freedom to drive the enterprise forward without undue restraints; and This freedom of management should be exercised within a framework of effective accountability. ITC believes that any meaningful policy on Corporate Governance must provide empowerment to the executive management of the Company, and simultaneously create a mechanism of checks and balances which ensures that the decision making powers vested in the executive management is not only not misused, but is used with care and responsibility to meet stakeholder aspirations and societal expectations. Trusteeship: ITC believes that large corporations like itself have both a social and economic purpose. They represent a coalition of interests, namely those of the shareholders, other providers of capital, business associates and employees. This belief therefore casts a responsibility of trusteeship on the Companys Board of Directors. They are to act as trustees to protect and enhance shareholder value, as well as to ensure that the Company fulfils its obligations and responsibilities to its other stakeholders. Transparency: ITC believes that transparency means explaining Companys policies and actions to those to whom it has responsibilities. Therefore transparency must lead to maximum appropriate disclosures without jeopardising the Companys strategic interests. Internally, transparency means openness in Companys relationship with its employees, as well as the conduct of its business in a manner that will bear scrutiny. Empowerment and Accountability: Empowerment is an essential concomitant of ITCs first core principle of governance that management must have the freedom to drive the enterprise forward. ITC believes that the Board of Directors are accountable to the shareholders, and the management is accountable to the Board of Directors. Control: Control is a necessary concomitant of its second core principle of governance that the freedom of management should be exercised within a framework of appropriate checks and balances. Control should prevent misuse of power, facilitate timely management response to change, and ensure that business risks are pre-emptively and effectively managed. Ethical Corporate Citizenship: ITC believes that corporations like itself have a responsibility to set exemplary standards of ethical behaviour, both internally within the organisation, as well as in their external relationships. We believe that unethical behaviour corrupts organisational culture and undermines stakeholder value. The Governance Structure Flowing from the philosophy and core principles, Corporate Governance in ITC shall take place at three interlinked levels, namely Strategic supervision by the Board of Directors Strategic management by the Corporate Management Committee Executive management by the Divisional Chief Executive assisted by the Divisional Management Committee The 3-tier governance structure thus ensures that: Strategic supervision being free from involvement in the task of strategic management of the company, can be conducted by the Board with objectivity, thereby sharpening accountability of management. Strategic management of the Company, uncluttered by the day-to-day tasks of executive management, remains focused and energised; and Executive management of the divisional business, free from collective strategic responsibilities for ITC as a whole, gets focused on enhancing the quality, efficiency and effectiveness of its business. CODE OF CONDUCT Preamble ITCs Code of Conduct was circulated to the employees more than five years back and is posted on the Companys corporate website. This Code has now been re-drafted for better presentation. This Code is derived from three interlinked fundamental principles, viz. good corporate governance, good corporate citizenship and exemplary personal conduct. Philosophy ITC is a professionally managed organisation and the core value underlying our corporate philosophy is trusteeship. We believe this organisation has been handed to us by the various stakeholders in trust and we as professionals are the trustees of these stakeholders. It is therefore our responsibility to ensure that the organisation is managed in a manner that protects and furthers the interests of our stakeholders. Corporate Governance Policy The Corporate Governance Policy is the apex level instrument guiding conduct of the affairs of the Company and clearly delineates the roles, responsibilities and authorities of the key entities in the governance structure of the Company. This Code forms an integral part of the Companys Governance Policy. Good Corporate Citizenship In the conduct of the Companys business, the practice of good corporate citizenship is a prerequisite and embraces the following Relationships with Suppliers and Customers All directors, senior management and employees shall ensure that in their dealings with suppliers and customers, the Companys interests are never compromised. Accepting gifts and presents of more than a nominal value, gratuity payments and other payments from suppliers or customers will be viewed as serious breach of discipline as this could lead to compromising the Companys interests. Legal Compliance It is the Companys policy to comply fully with all applicable laws and regulations. Ensuring legal and regulatory compliance is the responsibility of the Chief Executives of the Businesses and the Divisional Management Committees. Divisional Management Committees must satisfy themselves that sound and adequate arrangements exist to ensure that they comply with the legal and regulatory requirements impacting each business and identify and respond to developments in the regulatory environment in which they operate. Health and Safety The Company attaches great importance to a healthy and safe work environment. ITC is committed to provide good physical working conditions and encourages high standards of hygiene and housekeeping. Particular attention should be paid to training of employees to increase safety awareness and adoption of safe working methods, particularly designed to prevent serious or fatal accidents. Environment Policies The Company believes that commitment to sustainable development is a key component of responsible corporate citizenship and therefore deserves to be accorded the highest priority. In addition to complying with applicable laws and regulations, Businesses must establish procedures for assessing the environmental effects of their present and future activities. Personal Conduct All directors, senior management and employees have the obligation to conduct themselves in an honest and ethical manner and act in the best interest of the Company at all times. They are expected to demonstrate exemplary personal conduct through adherence to the following: Avoidance of Conflict of Interest All directors, senior management and employees must avoid situations in which their personal interest could conflict with the interest of the Company. This is an area in which it is impossible to provide comprehensive guidance but the guiding principle is that conflict, if any, or potential conflict must be disclosed to higher management for guidance and action as appropriate. Transparency and Audit-ability All directors, senior management and employees shall ensure that their actions in the conduct of business are totally transparent except where the needs of business security dictate otherwise. It shall be necessary to voluntarily ensure that areas of operation are open to audit and the conduct of activities is totally auditable. Protection of Confidential Information No director, senior management and employee shall disclose or use any confidential information gained in the course of employment/ association with the Company for personal gain or for the advantage of any other person. No information either formally or informally shall be provided to the press, other publicity media or any other external agency except within approved policies. Company Facilities No director, senior management and employee shall misuse Company facilities. In the use of Company facilities, care shall be exercised to ensure that costs are reasonable and there is no wastage. (Deveshwar.Y.C, 2002) CORPORATE SOCIAL RESPONSIBILITIES: CSR activities: ENVIRONMENT  ·Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  ITC has been Carbon Positive three years in a row (sequestering/storing twice the amount of CO2 than the company emits).  Ã‚    ·Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Water Positive six years in a row (creating three times more rain water harvesting potential than ITCs net consumption).    ·Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Close to 100 % solid waste recycling    ·Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  All Environment, Health and Safety Management Systems in ITC conform to the best international standards. SOCIAL  ·Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  ITCs businesses generate livelihoods for over 5 million people  ·Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  ITCs globally recognised e-Choupal initiative is  the worlds largest rural digital infrastructure benefiting over 4 million farming families.    ·Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  ITCs Social and Farm Forestry initiative has greened over 80,000 hectares creating an estimated 35 million person days of employment among the disadvantaged.    ·Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  ITCs Watershed Development Initiative brings precious water to nearly 35,000 hectares of dry lands and moisture-stressed areas.    ·Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  ITCs Sustainable Community Development initiatives include women empowerment, supplementary education, integrated animal husbandry programmes.   Ã‚  PRESERVING NATIONAL HERITAGE As a socially responsible corporate citizen, ITC endeavours to create value for the Indian society in multiple ways, one of them being preservation of  Indias rich cultural heritage. ITC has made significant contribution to the promotion of Indian classical music, theatre, art and cuisine. ENVIRONMENTAL AND SOCIAL PERFORMANCE In the past, I have shared with you the abiding vision that inspires us to create sustainable stakeholder wealth and enlarge our contribution to the Indian society. This commitment goes far beyond the market to create simultaneously financial, environmental and social capital for the nation. This year, ITC joined the United Nations Global Compact, the worlds largest global corporate citizenship initiative. (Anon., n.d.) REFLECTION: Renounced company always follows all the issues and regulation to reach at the top most point that is appraise by the organization, follower and peoples one of the company that follow all issues and have a brand image in all areas and all people internally and externally apologize this company and ITC is one of that company that have many follower and as a customer I also follows ITC as a source of inspirations .It have done many CSR activities to communicate with the people of different region to capture a wide market area that in turn increase their market share. Corporate governance of ITC is very strong and cover and takes all from stakeholder to shareholder governing body to make its company successful in every aspect to achieve it target point. So, this is the main reason why i am very much influenced from ITC company enjoy to follow it point to implement in my organization to make it successful. REFERENCE: Anon., n.d. www.echoupal.com. [Online]. Anon., n.d. www.itcportal.com. [Online]. assis, c.g., 2003. ITCS RURAL SYMPHONY. BUSINESS WORLD. Deveshwar.Y.C, 2002. THE INDIAN TABACOO COMPANY. CONCLUSION: ITC ltd. is a leading FMCG Company in India and from last three consecutive years has shown accelerated growth in FMCG portfolio. Customer in India also spending more in FMCG as their standard of living is growing. ITC has placed itself successfully in the position of market leader in FMCG product, though there was some downfall in sales and profit of company in beginning of this decade but after that ITC has shown considerable rise in both sales and profit. ITC promoting their brands through advertisement campaign as well as door to door promotion. The demand of their product in very low, because people dont know about their brands very well. ITC knows their strength and weakness in the personal care market, so they are applying new concept to overcome their weaknesses. ITC now offering more margin, exiting offers and long credit period to retailers and wholesalers. The future of the company is looking bright as FMCG market in India is still expanding and so we can safely conclude that ITC will be able to secure it No. 1 position in FMCG product. POLITICAL DATE TOPICS COVERED KEY ISSUE COVERED RELATION OF KEY ISSUES WITH THE CASE 28MARCH GLOBALIZATION Introduction of Globalization Social and Economic Implications. 31MARCH SWOT ANALYSIS INTERNAL ANALYSIS-STRENGTHS,WEAKNESS EXTERNAL ANALYSIS-OPPORTUNITIES,THREATS 5APRIL PESTEL ANALYSIS PEST ANALYSIS POLITICAL ECONOMICAL SOCIOCULTURAL TECHNOLOGICAL 9APRIL 12APRIL CORPORATE GOVERNANCE CSR(corporate social responsibility) CORE PRINCIPAL, THE GOVERNANCE STRUCTURE BOARD OF DIRECTORS CORPORATE MANAGEMENT COMMITTEE CODE OF CONDUCT CITIZENSHIP PERSONAL CONDUCT CORPORATE GOVERNANCE POLICY GOOD CORPORATE CITIZENSHIP IMPROVED CULTURE REPUTATION ENVIRONMENTAL PRESERVATION CORPORATE RESPONSIBILITY Environmental Preservation Resettlement of War Victims Welfare of the neighbouring communities. Environmental Preservation

Describe the Various Phases of Economic Cycle, Which a Country Might Experience and Explain the Possible Causes of Such Cycles.

The economic cycle is a fundamental economic understanding of the phases that an economy may experience during certain climates. This can be understood by the basic economic cycle diagram, which shows the different periods combined with a line representing trend growth. Governments ideally wish for uniform growth, close to or on the trend line, this is where the economy is continually expanding and growing at a rate which the government perceives to be sustainable. For example, the UK aim for 2. 5% trend growth, however due to the economic cycle we can understand that it rarely stays at one point for a long period of time. When the actual growth line is above trend rate, this is known as a positive output gap and when the actual growth line is below trend, a negative output gap. A boom period is a period on the economic cycle whereby the curve surpasses trend growth; this represents substantial economic growth and is represented by a peak in the economic cycle. Recessionary periods are stages in the economic cycle when growth falls, this occurs most commonly after a boom period and will lead to the next ‘trough’ in the economic cycle, or bust. Bust is whereby the economy is suffering a low point, they are at their lowest in terms of economic growth, operating much below the trend rate and is seen as a trough in the economic cycle. A recovery can be seen on the economic cycle diagram by the encroachment of actual growth to trend growth, and is therefore where the economy is growing gradually and ‘recovering’ from the bust period they have just suffered. The economy is likely to experience a boom period often in times when supply side policies exceed their time lag and their productivity can be seen. Or perhaps in the short term through a boost in demand side policies, such as a decrease in interest rates to encourage consumer spending, however such demand side policies are short-lived due to the accompanied inflation and therefore are unlikely to be the sole cause of a boom period. Similar to the causes of a boom period are the causes of a recovery, this can be induced by the government’s willingness to encourage spending or potentially increase labour productivity via methods such as training and education. Similarly to this, a recession can be combatted and forced into recovery by both monetary and fiscal policy. Monetary policy would focus on decreasing the money supply in order to stimulate the economy whereas fiscal supply focuses on government spending and tax. A reduce in taxes such as income tax would work in theory to get people back to work and therefore push out the PPB to potentially develop economic growth. As previously mentioned, it is possible for the government to stimulate aggregate demand using monetary policy, via a reduction in interest rates, however this does not come without its own problems, it leads to potential speculation of increasing price levels and inflation. However recessions and potential busts can be created in many numerous different ways, one of which previously just mentioned in terms of speculation. Speculative bubbles work via the communication of the consumer, for example, the Housing market was massively published and conversed about to rise dramatically over the coming years. This forced people to purchase houses there and then in the hope that they will be provided with a better price now than they would in the future, due to speculation they were correct in doing so. Such speculation skyrockets demand and with it too comes price levels, this is a common cause of a recessionary period. In addition to this demand-side shocks such as the credit crunch of 2008 in the USA, result in massive contractions of AD. Such demand side shocks come unpredictably in the economy, and thus make it very difficult for the government to prepare adequately for. Such negative demand shocks are expressed in the diagram below, whereby the shift from AD1 to AD2 can be seen. Supply side shocks are also uncontrollable and come normally with little preparation time for an economy, for example, due to the BP oil crisis of 2009, prices rose massively as BP prepared to lose millions of gallons of wealthy resources in the form of oil. On the other hand, a positive supply side shock could potentially be experiencing now, as a result of the Libyan crisis, negotiations are underway between the UK government and the Libyan government to set up and oil partnership. This could affect the supply of oil massively, and potential be a positive for the economy. Climatic Factors must also be mentioned with reference to the economic cycle, and often result in the further diminishing of the world’s smaller economies. For example the wildfires in Canada resulted in the global price of grain being bolstered largely, and therefore has the potential to put the economy into a recessionary period as one of their large exports suffered a major loss. Political Factors should also be mentioned when discussing the progress of an economic cycle, for example to make the appearance of a certain government positive, prior to an election they may attempt to boost employment in the UK. This is a last ditch effort from the politicians in order to sway the votes of their citizens. However, these jobs could be short-lived and are often not sustainable, therefore do more harm to the economy than good. To conclude, there are many causes of the economic cycle, some positive and some negative, however it depends on potential government preparation and intervention to prevent damage exceeding what it needs to, and recessionary periods to be continued for long periods of time. Economies must be well equipped to deal with unexpected occurrences in order to prevent long term suffering of economic growth.

Human freedom and the ten commandments Essay

When Jesus was asked, â€Å"What must I do to inherit eternal life? â€Å", he replied: â€Å"You know the Commandments, keep these and you will live. † It has been said, that the Ten Commandments are not simple rules mandated by God, but rather, this set of rules is considered as a gift given to men in order for them to live the life that God has promised. Although the word â€Å"commandment†, by itself, imports something mandatory and obligatory, it must be understood that God has granted each one of his people freedom and independence to choose how he or she will act, and hence, human freedom is an important topic to be discussed alongside the Ten Commandments. It will be seen, that the kind of life that men live is simply a reflection of how he uses the freedom that he has been gifted with. A person can either live a life full of one spent as a good follower of God. Although some would say that it is a question of fate, destiny, or maybe even luck, the truth is that, a person lives a life based on his own choices and decisions. As have been stated, men have been gifted with freedom, and it is up to him how he will utilize this gift. Every person has different forms of needs and wants that have to be dealt with in everyday life. This is where freedom sets in. In allowing absence of restriction, God permits every individual the opportunity to shape his life. It has been stated that this is one risk that God chose to take. â€Å"God risked much in creating us humans with the freedom, now, to unleash horrendous nuclear disaster or to love our fellows across all boundaries. † (Grider, 1994). It is the freedom that each one has been blessed with that enables him to understand and appreciate the life that he has and all the beauty that comes with it. On the other hand, if this freedom is abused, then the consequences that go with it, would also have to be dealt with by the individual concerned. Being free entails a lot of responsibility. It is believed that God granted every individual the gift of freedom, not for the sole reason that he be boundless or limitless. Man is given freedom for him to be responsible for all the things that he says, does or even thinks of. True enough, some philosophers believe that the things that happen to each individual can be traced to the actions and decisions that he chooses to take. Most of the times, it is not up to the heavens if a good or bad thing happens to one person. More of than not, everything that happens to a person can be traced to the course of action that he chose to take. The scriptures that God instructed to be drafted, in essence, are mere forms of guidance for men; but in the end, it is human freedom which will eventually dictate whether or not an individual will live his life by these guidelines. The concept of human freedom is more often discussed by mentioning the story of what happened to Adam and Eve in the garden of Eden. As has been aptly stated, â€Å"these questions as to the nature of human freedom arise especially when we turn our attention to the question of the origin of sin. Only consider how many times the origin of sin has been ascribed to this human freedom of choice, implying this twofold power of man’s nature and of his creaturely existence: to sin or not to sin; a good part and an evil part of his nature. † (Berkouwer, 1962). True enough, God could have stopped the serpent from interacting with Adam and Eve, but due to the freedom that he bestowed the two, they had the choice as to whether or not to take the apple that the serpent offered them. Ultimately then, it is this choice that they made which is the root cause of why they were banished from the garden of Eden. It would appear then that despite the Ten Commandments being set down by God to be sent to his people, the same is not precisely a set of obligatory rules imposed upon men. Rather, the Ten Commandments are considered as a guide as to how each person should live if he wants to experience the kind of life that God promised. This is a kind of life full of happiness, peace, beauty and love. A person’s freedom can lead to this if a person, in choosing paths to take, keeps in mind what the Ten Commandments speak of. Ultimately, it would depend upon the person if he will live the kind of life promised by God ever since the olden times, or if he will use his freedom to lead him to a kind of unspeakable and despicable kind of living. REFERENCE â€Å"The Ten Commandments†, J. Kenneth Grider , â€Å"Human Freedom†, 1994, G. C. Berkouwer, â€Å"Human Freedom†, 1962,

Essay on the policy formation process Free Essay Example, 1250 words

The stakeholders comprise of beneficiaries of the schemes, institutions and intermediaries that facilitate the schemes to the public and the decision making bodies that are responsible for various processes for policy framework and subsequent implementation of those policies. The coalition broadly comprises of two major sources who seemingly reflect the welfare of the people: media, researchers and analysts; actors at all levels of government (local, state and international) (Sabatier, 1988). These sources help to study the various perspectives of the policy in the particular field by taking into account the different variables like socio-economic changes, political paradigms, evolving socio-cultural values, normative beliefs and environmental constraints. Thus, while incorporating the finer details of the policies in the relevant area, the view point of these agencies and the feedback widens the policy perspectives and ensures better decision making in framing the policies. ‘Multiple Streams Framework’ primarily believes that three vital streams of thoughts significantly impact the process of formulation of policies. The first is the problem identification that necessitates the process, second is the diversity in the requirements of the c ommunities and lastly the political imperatives of vested interests that are influenced by public opinions, changing socio-economic and political paradigms that are incorporated into the policy framework. We will write a custom essay sample on Essay on the policy formation process or any topic specifically for you Only $17.96 $11.86/pageorder now While these process streams may be independent of each other but each of them is critical in creating, assessing and evaluating the policy guidelines to evolve effective policies within the pre-defined areas of public interest. Impact on Healthcare Health care delivery system is one of vital component of public welfare schemes of the government. The recent trends have shown that the rising cost of living has had an adverse effect on the overall public health care system. The healthcare components like accessibility to good medical care, quality and cost are increasingly moving beyond the grasp of general public. ‘The overall poor health status of the U. S population is, in part, the result of limited access to services, especially for the poor, uninsured and vulnerable population’ (Harrington, 2000). The needed reforms, therefore, require not only a comprehensive feedback of delivery system as a whole, but a careful considerations to all the various pros and cons of the developing situations in the concerned areas of the public health care, has become the need of the hour.