Saturday, April 4, 2020
Way of Life Essay Example For Students
Way of Life Essay Life is a perpetual struggle for existence, which meets its end in what we call DEATH. Since man is destined to be surrounded by problems it is mandatory that he love himself the most for it is this love for the inner self that acts as an inexhaustible potion to keep the spirit of fighting alive. So I feel that all mans actions are driven by the self-love. Man always tries to pacify any turmoil within some way or the other. Therefore the different shades of a mans character are nothing but the self-love manifest. If I know my weaknesses and I am able to correct them then I am a true human being. This is so because I have total control over my heart, mind and body as well. Actually the mind and the heart are the two centers of power in our body. Whatever we do, whatever we think is all controlled by these two elements. It needs a hell lot of practice and perseverance to become the self-master. And when you are done, your mind and heart will work in such synchronism and harmony that you are bound to take the best decision. We will write a custom essay on Way of Life specifically for you for only $16.38 $13.9/page Order now I always stress over the fact that the heart has an upper hand in our lives. So basically the idea is to pull down the energy level of the heart and raise the energy level of the mind in order to obtain a sound balance. Stop thinking about others. Open your heart. Close your eyes. Stretch your hands forward and while moving them away take a deep breath and say to yourself that you are free, you are open. You are open to changes. Life is too small to be shackled by ropes of stringent principles. The past is past for good. There is nothing in the entire world more important than you and your desires. Since God is the ultimate abode of every living creature, and taking into account His fickle nature, the best idea is to just consistently keep doing your work. If He is the real benefactor, and you believe in Him, and youve been damn serious in your ventures, you shall be benefited. It is highly essential to note here that miracles generally do not occur and Lady Luck is very lazy and clu msy. This is a bitter truth. Joy is momentary. Greater part of our lives we spend in dejection. Little things make us unhappy. This shouldnt be. Are we the masterpieces of His creation so weak? He has bestowed upon us the choicest qualities of the heart, mind and body. Any venture undertaken would bring hopes, hope may bring failure and failure brings dejection. So why not throw the damn hope out? Believe me its often possible if not always.
Way of Life Essay Example For Students
Way of Life Essay Life is a perpetual struggle for existence, which meets its end in what we call DEATH. Since man is destined to be surrounded by problems it is mandatory that he love himself the most for it is this love for the inner self that acts as an inexhaustible potion to keep the spirit of fighting alive. So I feel that all mans actions are driven by the self-love. Man always tries to pacify any turmoil within some way or the other. Therefore the different shades of a mans character are nothing but the self-love manifest. If I know my weaknesses and I am able to correct them then I am a true human being. This is so because I have total control over my heart, mind and body as well. Actually the mind and the heart are the two centers of power in our body. Whatever we do, whatever we think is all controlled by these two elements. It needs a hell lot of practice and perseverance to become the self-master. And when you are done, your mind and heart will work in such synchronism and harmony that you are bound to take the best decision. We will write a custom essay on Way of Life specifically for you for only $16.38 $13.9/page Order now I always stress over the fact that the heart has an upper hand in our lives. So basically the idea is to pull down the energy level of the heart and raise the energy level of the mind in order to obtain a sound balance. Stop thinking about others. Open your heart. Close your eyes. Stretch your hands forward and while moving them away take a deep breath and say to yourself that you are free, you are open. You are open to changes. Life is too small to be shackled by ropes of stringent principles. The past is past for good. There is nothing in the entire world more important than you and your desires. Since God is the ultimate abode of every living creature, and taking into account His fickle nature, the best idea is to just consistently keep doing your work. If He is the real benefactor, and you believe in Him, and youve been damn serious in your ventures, you shall be benefited. It is highly essential to note here that miracles generally do not occur and Lady Luck is very lazy and clu msy. This is a bitter truth. Joy is momentary. Greater part of our lives we spend in dejection. Little things make us unhappy. This shouldnt be. Are we the masterpieces of His creation so weak? He has bestowed upon us the choicest qualities of the heart, mind and body. Any venture undertaken would bring hopes, hope may bring failure and failure brings dejection. So why not throw the damn hope out? Believe me its often possible if not always.
Way of Life Essay Example For Students
Way of Life Essay Life is a perpetual struggle for existence, which meets its end in what we call DEATH. Since man is destined to be surrounded by problems it is mandatory that he love himself the most for it is this love for the inner self that acts as an inexhaustible potion to keep the spirit of fighting alive. So I feel that all mans actions are driven by the self-love. Man always tries to pacify any turmoil within some way or the other. Therefore the different shades of a mans character are nothing but the self-love manifest. If I know my weaknesses and I am able to correct them then I am a true human being. This is so because I have total control over my heart, mind and body as well. Actually the mind and the heart are the two centers of power in our body. Whatever we do, whatever we think is all controlled by these two elements. It needs a hell lot of practice and perseverance to become the self-master. And when you are done, your mind and heart will work in such synchronism and harmony that you are bound to take the best decision. We will write a custom essay on Way of Life specifically for you for only $16.38 $13.9/page Order now I always stress over the fact that the heart has an upper hand in our lives. So basically the idea is to pull down the energy level of the heart and raise the energy level of the mind in order to obtain a sound balance. Stop thinking about others. Open your heart. Close your eyes. Stretch your hands forward and while moving them away take a deep breath and say to yourself that you are free, you are open. You are open to changes. Life is too small to be shackled by ropes of stringent principles. The past is past for good. There is nothing in the entire world more important than you and your desires. Since God is the ultimate abode of every living creature, and taking into account His fickle nature, the best idea is to just consistently keep doing your work. If He is the real benefactor, and you believe in Him, and youve been damn serious in your ventures, you shall be benefited. It is highly essential to note here that miracles generally do not occur and Lady Luck is very lazy and clu msy. This is a bitter truth. Joy is momentary. Greater part of our lives we spend in dejection. Little things make us unhappy. This shouldnt be. Are we the masterpieces of His creation so weak? He has bestowed upon us the choicest qualities of the heart, mind and body. Any venture undertaken would bring hopes, hope may bring failure and failure brings dejection. So why not throw the damn hope out? Believe me its often possible if not always.
Sunday, March 8, 2020
Is Neglecting Your Physical Well-Being Affecting Your Work Productivity
Is Neglecting Your Physical Well-Being Affecting Your Work Productivity This week I learned the importance of exercise in my work productivity. A top business strategist, Tony Jeary, was asked in the August 2017 edition of Success Magazine for some quick leadership tips. The person asking owned a company that had just expanded from a two-person startup to a ten-person operation. He claimed to have ââ¬Å"no management experience.â⬠I expected answers like learn everything you can about management, listen to your employees, create a clear mission and vision, and commit to your personal growth. I expected him to warn against errors like the ones I wrote about last week in The 9 Biggest Mistakes a Leader Can Make. Jeary gave four pieces of advice. And while three of his answers were along the lines I had anticipated, I was surprised that this one made the top four: ââ¬Å"Take care of yourself. Eat well, sleep enough and exercise regularly.â⬠The ââ¬Å"exercise regularlyâ⬠part stood out for me in particular. This is great advice for everyone, whether youââ¬â¢re expanding a company from two to ten, or youââ¬â¢re an entry-level employee, a CEO, the owner of a start-up, or somewhere in between. A Harvard Business Review article went so far as to claim that Regular Exercise is Part of Your Job because of its mental benefits (improved concentration, sharper memory, faster learning, prolonged mental stamina, enhanced creativity, and lower stress). And exercise is especially important as a job seeker. It will bring structure and energy to your day, which is key to a successful, productive job search. All it takes is a quick Google search to see at least one recruiterââ¬â¢s assertion that exercise is one of the most important parts of the job search. Excusing vs. Exercising Most of us know the advantages of regular exercise: It eases stress, increases work productivity, reduces sick days, boosts confidence, improves sleep, gives you energy, and releases positive, mood-enhancing chemicals into your brain that ward off anxiety and depression. Some of these benefits are outlined in an article from Livestrong.com, How Does Exercise Improve Work Productivity? Who wouldnââ¬â¢t want all those benefits? Yes, we know we could have them, and we want them! But knowing is not doing, and many of us regularly make up excuses rather than take care of our bodies. ââ¬Å"I need to sleep!â⬠ââ¬Å"I have to work.â⬠ââ¬Å"I have to make lunch for the kids.â⬠ââ¬Å"I have a cold.â⬠ââ¬Å"My back hurts.â⬠Or simply, ââ¬Å"I donââ¬â¢t feel like it.â⬠I grew up with a condition that makes me prone to breaking bones, and I was taught that daily exercise was essential to minimizing fractures. Believe it or not, I internalized that advice, and have exercised daily for as long as I can remember. For the past 20 years or so I have done yoga or gone swimming almost every day, with a few phases of walking or working out when injuries prevented me from my go-to activities. But hereââ¬â¢s the catch: I wasnââ¬â¢t lifting weights almost ever, or doing much walking or jumping ââ¬â the impact activities that truly increase bone density. My excuse? ââ¬Å"Iââ¬â¢m in shape.â⬠ââ¬Å"I already spend an hour exercising every day.â⬠ââ¬Å"I donââ¬â¢t have time to do everything!â⬠Then, three weeks ago, on an impulse, I started an intensive fitness program that entails weight lifting, ball throwing, tire flipping, jumping in various ways, and other muscle-building, bone-building activities. I have managed to fit in these workouts five days/week, and somehow still to get everything done that I have needed to for my business. Iââ¬â¢ve built muscle and lost some extra pounds without changing what I eat. Plus, I have been in a better mood and made more sales than I did in the weeks before I started this program. Coincidence? Probably not. What would inspire you to prioritize exercise, if youââ¬â¢re not doing so already? What motivated me to make this change was that I got a substantial gift certificate for a well-reputed program, and I love a good deal. I was also curious to find out more about my body composition and to see if I could bring it to a more ideal balance. I started the program and liked how I felt in my body so much that I kept going, way more often than I expected. I like the attention and encouragement I get from the trainers, and I look forward to seeing them each day. And my numbers have been going in the right direction, which for me is very motivating. What is it for you? Is there a type of movement you enjoy? Is it walking, running, biking, dancing, swimming, lifting weights? If youââ¬â¢re a social person, would having a workout buddy help? Maybe even a different buddy each day? What about working out as a family activity? Would you show up to a group exercise class (Zumba or Water Zumba anyone?) if you put it on your schedule? If not, what if you paid in advance and would lose your fee if you ditched the class? Maybe the option of multitasking would make the difference for you. If you have work calls to make, can you make them from the treadmill? Maybe you could answer emails while on a stationary bike or elliptical machine. If you love listening to music, exercise time could be your opportunity to get lost in your favorite tunes. Or if there are shows you like to watch, perhaps you could watch them from a home exercise room. Exercising can also be a form of meditation ââ¬â swimming plays that role for me, and I know others who walk to clear their minds. So if youââ¬â¢re not making time to meditate, at least make time to exercise! Some people will get into gear for a competition. There are lots of opportunities for that, whether itââ¬â¢s a marathon, a charity walk, run or ride, or a friendly competition between friends (in person or using a fitness app). For more ideas, see 29 Ways to Get Motivated to Work Out. I like some of these! Or check out the 25 Best Fitness Apps of 2017 for some technological support on your fitness goals. And please share your experienceâ⬠¦ Do you notice a difference in your work productivity when you exercise regularly? Whatââ¬â¢s working for you?
Friday, February 21, 2020
Managerial accounting Essay Example | Topics and Well Written Essays - 1000 words - 1
Managerial accounting - Essay Example This concept states that stock is valued at lower of NRV or cost. Since NRV is not given in this case, we will include the purchase price or the cost of stock which is 750 in this case. The cost of skilled employees: The cost of skilled employees is the direct cost of the order. As a result, there wages can easily be allocated to this order because we know that they have worked on this particular order during the week we can easily apportion this to the order and since it is the job of accountants to allocate all the recognizable costs to the appropriate cost centers, this order is the cost center and the cost activity of the workers is rightly apportioned to this order. The extra cash lost: Accountants are only concerned with the explicit costs and they are least concerned with the implicit cost. Implicit costs are the opportunity cost like this one. These are not the real costs but are based on economic assumption of the next best alternative. Similarly, since these costs are based on assumptions, we cannot tell the accurate amount of these costs. However, economists do use these costs when calculating normal profit of a project or of an item. But, since cost statement is done by accountants and not the economists, we will ignore these costs in the job order cost statement. We are only going to include those costs that have factual evidence as the concept of "materiality" states. As a result, when preparing the job order cost statement, I have not included the implicit amount as it is of little value to the accountants. Machinery depreciation: Machinery depreciation is a fixed cost. It means that irrespective of the operations performed by the machinery, a depreciation charge will be levied. Such costs do not vary with the output or the operations performed and hence we call them the fixed costs. In this case, since we have made a separate adjustment of the fixed overheads, it will lead to double addition if we add this cost separately. In other words, the depreciation charge is already included in the fixed overheads and it will lead to distortion of the cost statement if we include a separate head for machinery depreciation. In more professional terms, these will windows dress the financial statement and hence will give a different picture to the cost statement than it is in reality. For the reasons given above, I have excluded the amount for machinery depreciation from the cost statement. Electricity: The statement in the question tells us whether the order is received or not, the machinery will be in continuous use. Since all machinery is run on electricity, we can assume that the charge of electricity is also fixed. The entire costs related to machine are fixed as it is indifferent to the order and hence these costs will also be included in the fixed overheads. Hence by adding them separately, we will again be making a mistake of double debiting our cost statement. This again will distort the cost of the order in reality and will make us assume that we are incurring more costs than we really are. This is called as window dressing and should be avoided from both the ethical and legal point of view. Hence, this amount is excluded from the job order cost statement. Fixed overheads: Certain indirect costs are incurred when a company is working on a
Wednesday, February 5, 2020
Organization Development; contingency approach, content + process Essay
Organization Development; contingency approach, content + process theory;participative management;building effective groups, organizational structure - Essay Example Different scenarios and short term plans thus provide for a lot of cushion as far as vital tactical planning on the part of the said company is concerned and this indeed forms up as an important ingredient of the different processes that are running within the company. It might also be possible that the different departments present within a company have their own respective agendas that they have to meet and thus the long term planning can take a back seat in this equation. The administrative, decisional, interpersonal and other skills present within the repertoire of the management of the company have to understand that the long term planning has to make way for the tactical moves that are introduced within the company every now and then and which is for the betterment of all concerned, more than anything else, for the company and its stability in the long run itself. The skills just discussed have to come into play so that all of these unite and thus form up as a single, coherent message, a message that will take over the reigns of the company and talk about the problems that it is facing in the light of the completion and the eventual attainment of the strategic goals. The short term activities and tasks thus gain more and more attention from all concerned, not only the employees working within the company but also the stakeholders who have one thing or the other within the proper and sound functioning of the business, the consumers who want to know what exactly is happening with the companyââ¬â¢s different products and services and why there is a lag at the retail side of those very products and services. Large corporations and entities need to have managers who have sound vision and proper tact within their grasps so that they can well understand the mannerisms of the ball game of satisfying the different publics, the customers and last but not the least the stakeholders. The requirement is to balance all of these so that the company
Monday, January 27, 2020
European Union Countries
European Union Countries Introduction European Union itself reflects globalization by changing laws of European countries, and also European Union is very important in worlds economy strategies. What does globalization mean, indeed? By definition, globalization is a process of change in some kind of area such as technology, trade market of war, which affects the whole world. Sometimes globalization can bring a great gift for the people of the world, sometimes not. The main idea of the European Union means to bring the peace to the whole world by respecting human rights and by uniting people together. As I said above the globalization has to affect at least few countries or whole world, other wise it is not globalization. The point is that European Union consists of twenty seven sovereign countries. And decision which comes from the European Union affects all this twenty seven countries. Also European Union has big influence in world trade market, because of the currency of the European Union is in the second place in tra de market. Also, economy of the European Union stays on the second place by the worlds rates. In addition, the European Union has voice in United Nations organization, and it can change most of the decisions either in good way or bad. The history of the European community is incredible, and it had experienced almost everything. European community had experienced wars between neighbor countries, revolutions, colonialism and many other things. However, now European community is one of the strongest economical powers in the world. Most of the time the European Union was an international organization, but now it has big influence in military services, also it functions in monetary system of the European countries, and it has big importance in economy. The European Union is a part of the government for each European country. Also, the monetary system of the European Union is one of the significant systems in Eurasia, which provides economic stability in European Countries. European Union All the great and powerful unions were not made at once. Unions were made step by step, and improving their visible and weak factors. In our days one of the powerful and influenced unions is European. ââ¬Å"Europe will not be made all at once, or according to a single, general plan. It will be built through concrete achievements, which first create a factor of solidarityâ⬠. (Robert Schuman). With this words Schuman declaration accurately predicted the way in which the Community has become the Union today. When the European countries created the European Union, the first target of the union was to gain a peace between European countries. In 1950 the European organizations such as European Coal and Steel Community started to unite countries, because this organizations wanted to keep the peace between European countries, and also it was big benefit to European countries in economical and political spheres. Belgium, France, Germany, Italy, Luxemburg and the Netherlands were the countries which formed first European Union. The speech given by French Foreign Minister Robert Schuman inspired European countries to unite. (The history of EU). One of the successes which European Union gained was stopping of custom charges between European countries. Also, the member countries of the European Union made contract between each others to control production of food. This decision was made to improve agricultural structure, and the European Union wanted to produce enough food for the member countries. (The ââ¬ËSwinging Sixties a period of economic growth). ââ¬Å"1962 The Council of Europe adopts the first directive. It establishes the EEC global foodstuff regulation by defining which colorants can be added to food.â⬠(BBC News, 5 December, 2000). In 1967 the European Union had united the main ruling institutions, such as European Parliament, Commission and Court. (History of the European Union). Which meant that European institutions work as one system, and each member country of the European Union had a person who presented the countys interests. In 1992 the Treaty of Maastricht offered to have one single army, which in the situation of the threat they can protect each others interests as one power (History of the European Union). The European Union consists of twenty seven sovereign countries. Member countries of the European Union: Austria, Belgium, Bulgaria, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxemburg, Malta, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, and the United Kingdom (Member State of the European Union). As the facts shows there are more countries which want to join European Union, and one of the main candidate is Turkey. The main achievement of these counties is democracy. Democracy means to protect human values, and it means freedom. These are the main values which European countries store. For over half a century, the European Union has: delivered half a century of stability, peace and prosperity within its member countries. European Union raised its citizens standards of living to unprecedented levels, and even strengthened Europes voice in the world. The European Union has given its member countries citizens many different benefits in different aspects of life. It has made life easier and more convenient in many ways. It has even promoted peace and a spirit of brotherhood between old rival nations. Another benefit of the European Union is a single currency. Joining European Union has many benefits, such as political, economical, social, and environmental. Republic of Poland, for example, gained all these benefits joining the European Union. The political benefit of Republic of Poland is to participate in acceptance of the laws in European institutions. Also, joining to the European Union provides Polish people to travel without visa in Europe, and Polish people can f ind the jobs in any part of the European Union. In addition, Republic of Poland can count on European Armys support in a situation of war conflict. The economical benefits are open market, changes in agriculture, and Poland can stabilize their inflation. Open market will provide Poland to sell their products in every European country, which will help to increase competition between companies, and it will decrease the prices of goods. (Joining European Union, List of Benefits) The social benefit which Poland gained was European standards of life. Also the Polish students who study in other parts of European Union can get scholarship, and they can provide their knowledge about Poland to student abroad. Another important benefit is environmental benefit which Republic of Poland gained joining European Union. The Poland should follow the environmental aspects of European Union, which means they will improve their environmental problems. (Joining European Union, List of Benefits). The European Union has given its citizens greater freedom of movement. Traveling within the European Union nations is now very convenient. In most of the European Union you can travel without carrying passport and without being stopped for the checks at the borders. A citizen of the European Union can travel, study and work wherever she or he chooses to in any of the European Union countries. Departments and policies of European Union The European Union has a very complex system. It has different bodies carrying different important jobs that make the system work properly. Each job has its significance. While all the member countries of the European Union work as one, and its system function well as one body, they become very successful as they take on many difficult tasks of accomplishing a united, integrated Europe. The countries that make up European Union are all committed to the same fundamental values, such as peace and democracy. And in this bases all ruling institutions has been made. The main institutions of the European Union: the European Parliament, the Council of the European Union, the European Commission, the Court of Justice and the European Court of Auditors. (EU institutions and other bodies). The European Parliament is one of the main institutions of the European Union. The main job of the European Parliament is to introduce the new legislations. Also European Parliament gives opinions on new legislations, and it makes decisions about new legislations together with the Council of Ministers. The final decision of the new legislation has to be taken by the European parliament and the Council of Ministers. In addition, the name of the European Parliament is ââ¬Å"watch dogâ⬠of the European Union. They named European Parliament as ââ¬Å"watch dogâ⬠because it monitors all operations in European Union. Also European Parliament monitors budget of the European Union, because the money of the EU budget has to be distributed lawfully. The locations of the European Parliament are Brussels, Strasbourg and Luxemburg. The Members of the European Parliament are elected by the people whose country they represent. Also, the European Parliament is elected every five years by the citizens of the European countries. (The European Parliament) The Council of the European Union is a main institution which takes final decisions passing new legislation. The Council of the European Union consists of twenty seven ministers. Every minister represents the country in which he or she has been selected to represent country. When the Council of the European Union is going to accept new legislation which can affect sphere of transportation, then the Minister of Transport will attend, and so on. (The Council of the European Union) The European Commissions main job is to prepare new legislation and laws before the legislation will be accepted in the European Parliament. The European Commission also does a job as the peacemaker. When the member countries of the European Union argue between themselves the European Commission will solve their problems. Every member of the European Commission has to put the interests of the European Union first, rather than their own country. When some kind of problem or situation happens in European Union the members of the European Commission have to solve these problems as uniform system. (The European Commission) The European Court of Justices location is in Luxemburg. The European Court of Justice consists of one judge from every member country of the European Union. Most of time thirteen judges take part in court to solve the problem. The main job of the European Court of Justice is to monitor the laws. Every citizen of the European Union has to obey the Court of Justice and laws of the European Union. (The Court of Justice) The European Court of Auditors work is to monitor the budget of the European Union. This organization makes sure that documentations of the taxpayers are legal and right. In some cases if the documentations are wrong the European Court of Auditors have right to investigate any types of economical operations. In additions, the European Court of Auditors doesnt depend on other institutions; however, it keeps touch with other institutions. (The European Court of Auditors) European Union Monetary When the European Union created monetary system for whole European countries, the first target of the monetary system was to prevent economic damage, and stabilize economic situation in a moment of need. When the European Union created European Monetary Institute the first target of it was to create uniform currency for European member countries. (European Monetary System). The main idea of the European monetary system is to create more jobs for citizens of the European community, and to make European economy function better. On 1st January, 1999 the European Union has let out uniform currency, named Euro. The number of the first member countries of European Union which made Euro their national currency was eleven. On the other hand, member countries such as United Kingdom, Denmark and Sweden did not adopted Euro as their national currency, they decided to keep their own national currencies. After the adaptation of the Euro, it did not show the success compared to other currencies. In addition, at the beginning the Euro felt down to 30% in world trade market. (BBC News, 5 December, 2000). ââ¬Å"The Euro symbol @ -, developed by the European Commission, was inspired by the Greek letter epsilon and also denotes the first letter of the word ââ¬Å"Europeâ⬠. The two parallel lines refer to the stability inside the Euro area.â⬠(The Euro) Every system has its weaknesses and benefits. According to the economists of the United States and Europe the last analyses shows that European Monetary Union has advantages. The first benefit is that European countries do not need costs of current exchange. The second benefit is exclusion of the currencys destabilization between member countries of the European Union. The third benefit is the fast growth of economy of European Union countries. The fourth benefit is the solvency of the more complicated monetary problems. (ââ¬Å"Benefits and Costs of European Economic and Monetary Unionâ⬠, Gerhard Fink; Dominic Salvatore) With the advantages every monetary system also has problems, such as inflation. Inflation is a rise in the general level of prices overtime. It may also refer to rise in the prices of a specific set goods or services. In either case, it is measured as the percentage rate of change of a price index. According to the ââ¬Å"EuroStatâ⬠statistics the inflation has made 2.3% in European Union in August. Compared to 2006 the inflation norm was 2.2% in 2005. In 2006 the norm of inflation rose 0.1 percent every month (Gian Luigi Mazzi and Rosa Ruggeri Cannata, August 2006). In a low inflationary spheres have got countries such as Finland, Sweden, and Poland. The inflation average in these countries was 1.5 percent. (2006). In a high inflationary sphere have got countries such as Latvia, Estonia, Slovakia and Spain. The inflation average in these countries was 4.9 percent. (2006) The European Union always wanted to avoid the misunderstandings between member countries, and it always wanted to advance the unity of European community. Also, the main raisin of the European Union is the European Monetary System. On the other hand, todays trade market showed to European community that it is difficult to maintain current single currency. In addition, the main problem of the single currency for the European community is instability of Euro. When the leading companies of the Europe invest money abroad it can change the income of the companies, because when the currency is unstable it will change the amount of the money when they expressed to Euro. (Richard W. Stevenson, July 31, 1993) Conclusion In conclusion, the European Union is one of the powerful organizations in the whole world. It has influence in military, worlds economy and so on. Before the unifying Europe had gone through the difficult times, such as war, economic disasters, and unemployment. European countries gain many benefits by unifying. European countries realized that they can not succeed along, the unity of these countries was the great step which they gained. The economy of the member countries of the European Union increased to many times after the unity. Still remains the question will the European Union stay the same or will it change the directions of unity. People of the Europe has big pessimism about European Union, people say unemployment is still stays unstable. However, Europe would never gain these kind of success if they were not united. Can you imagine what European countries could gain if they had been united in ancient times. They could have avoided the wars between European countries. However, European countries are united now, and this is a huge success in a history of Europe. ââ¬Å"A day will come when all the nations of this continent, without loosing their distinct qualities or their glorious individuality, will fuse together in a higher unity and form the European brotherhood. A day will come when there will be no other battlefields than those of the mind open marketplaces for ideas. A day will come when bullets and bombs will be replaced by votesâ⬠(Victor Hugo, 1849)
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