Saturday, December 28, 2019

Quality And Quality Of Quality - 1313 Words

2.2.1 Definition of Quality The meaning quality is based on the point of view that products and services must meet the requirements of the customer or user. The quality is divided into two general aspects: Quality of design and quality of conformity (Montgomery, 2007) Quality is perceived differently such as goods and services occur in varying degrees or levels of quality. These variations in quality levels are intentional and therefore, the appropriate term is quality of design. The Quality of conformity is the measure in that the product conforms to the specifications required by the design. Quality of conformity is the measure in that the product conforms to the specifications required by the design. Quality of conformity is†¦show more content†¦It refers to the costs committed before the product or service is accepted, that because not all the staff did their job well (George Michael ,2002). In other words, are costs that are caused by products or services not conforming to requirements or customer/user needs and are found before delivery of products and services to external customers They would have otherwise led to the customer not being satisfied. Deficiencies are caused both by errors in products and inefficiencies in processes. Examples include the costs for (Crosby, 1980): †¢ Rework †¢ Delays †¢ Re-designing †¢ Shortages †¢ Failure analysis †¢ Re-testing †¢ Downgrading †¢ Downtime †¢ Lack of flexibility and adaptability †¢ Excess of inventory no used †¢ Accidents †¢ Redesigns †¢ Overtime †¢ Personal Rotation †¢ Spaces not used 2.2.3.2 Cost of Poor Quality: External Failure Costs According to George and Michael in 2002 an external failure costs are all those failures (or defects) detected once the customer has received the product or service. The company supports these costs because the evaluation system did not detect allShow MoreRelatedQuality And Quality Of Quality1002 Words   |  5 PagesQuality is defined as the degree of excellence that the item in question has. Translated in to the workplace it’s the degree of excellence that a service or product attains. Quality in the workplace is an interesting topic, as there are many beliefs and practices that effect it. Examples of these are beliefs where managements starts: as a principle, in management, and at the grunt level. Another example is following certain steps and protocols to ensure quality control, QC, or quality assurance,Read MoreQuality And Quality Of Quality780 Words   |  4 Pages In general, the quality depends upon the role of the people describing it. The word Quality rolls around the approach of exceeding and meeting customer expectation to a product. Managing high quality is a continuous and ever changing process that indicate the ideas of working constantly toward better quality. Maintaining better quality covers every aspect of the company: environment, people, and processes. In general quality can be described as a† degree or amount of customer satisfaction†. As perRead MoreQuality And Quality Of Quality Essay1314 Words   |  6 PagesIntroduction Quality is concerned with planning, prevention and improvements that prevent the occurrence of deficiency, failure or errors in all the business procedures of an organization. This leads to reduced overall business costs and improved performances of products and results of the organization. Such an approach is superior to all the others and enables the organization s long-term development. The Quality revolution started in the early years of the 20th century, spread wildly by the endRead MoreQuality And Quality Of Quality Control1113 Words   |  5 Pages1. Quality control is established to ensure the delivery of fast, accurate and reliable result It is designed to measure the quality of the test itself. It is of vital importance to produce high quality results as the proper diagnosis and timely treatment of patients depends on the results that the lab produces. Quality is defined by the Webster dictionary as high level of value or excellence1. Quality testing ensures that patients receive highly reliable and accurate results in a timely manner.Read MoreQuality And Quality Of Product Quality1268 Words   |  6 PagesProduct quality is defined as the collection of features and characteristics of a product that contributes to its ability to meet given requirements. †¨It is however not only the physical attributes of a product which make up its quality, there are m any components which can determine a products level of quality. These can range from the function-ability of the product to the customer service and general consumer experience while purchasing the product. †¨In this report I will be focusing on Quality ControlRead MoreQuality And Quality Of Quality Management1518 Words   |  7 Pages When people heard quality assurance, they might mix up with quality control. Quality assurance and quality control are different phase of quality management. Quality control processes are a kind of activities which is visible, but the quality assurance process is more than like a activities which is to preventing the project from straying to far from the original quality path. Why is quality is more and more important for us right now. In many years ago, some of the developed countries like AmericaRead MoreQuality And Quality Of Quality Control1172 Words   |  5 Pages Quality Control Quality control (QC) is a set of procedures to ensure that a manufactured product adheres to the requirements of the client or customer. Inspectors collect data which is analysed for defective units which must be repaired or rejected and poor service repeated at no charge until the customer is satisfied. Advantages: Quality Control encourages quality consciousness among the workers in the factory which is greatly helpful in achieving high level of quality in the manufacturedRead MoreThe Quality Of Quality Products3330 Words   |  14 Pageseverything else, what consumers want from companies is the quality of the products that they are buying. Most consumers do not mind spending an extra buck for the sake of having the best product available. In addition, to this, consumers will go way out of their comfort zone to get a durable product. However, the truth of the matter is that most companies that lasted in the market do not have this in mind. Their provision of quality products is limited to what the statistical analysis in theirRead MoreThe Quality Of The Food Quality Essay1486 Words   |  6 Pagesservice quality would be a vital factor that customers consider when choosing the restaurant. From our visits to Cora, we found that the food quality is quite outstanding in terms of freshness of the fruit and taste of the food while the service quality still has opportunity to advance. Given the fact that the service level is inconsistent among our visits but the average standard was met, we think that the workforce learning and development should be emphasized to improve their service quality and cultivateRead MoreQuality Of Quality And Safety863 Words   |  4 PagesManaging quality and safety is vital in order to deliver effective healthcare today. Unfortunately, very little is known about the quality of care due to the fact that there are a variety of definitions used for the term quality (Stanhope Lancaster, 2014). This paper will discuss quality management in this country’s healthcare system, some approaches used for quality improvement, as well as the perspectives of quality healthcare from healthcare professionals and clients. Defining Quality Healthcare

Friday, December 20, 2019

Malaria Is A Preventable Disease - 1380 Words

Part I: Background Malaria is a preventable disease transmitted by a female anopheles mosquito that has a global annual death impact of over one million mainly concentrated in sub-Saharan Africa (Patricia Schlagenhauf-Lawlor, Funk-Baumann, M., 2005, pg. 6)(1). Although malaria is almost unheard of in developed countries like the United States, in the early 1900s malaria was just as prevalent as it is in sub-Saharan Africa today. The United States has eradicated local malaria due to increased finances and physician led public health missions in the 1940’s in the form of the DDT campaign(Humphries, 2001, pg. 2). However, in underdeveloped countries mainly located in tropical areas, the death toll to malaria continues to rise due to challenges and barriers between accumulating hefty finances, adequate resources and delivering affective outreach programs( Jennifer Kates, Michaud, J., Wexler, A., Valentine, A., 2013)(3). Malaria thrives in warm and human areas that have bounty s tagnant water sources ideal for breeding and egg nesting. Once bitten by a mature anopheles mosquito the incubation time between infection and showing symptoms is usually between 6-7 days (Patricia Schlagenhauf-Lawlor, Funk-Baumann, M., 2005, pg. 10)(1). The common symptoms of malaria like chills, headache and perfuse diaphoresis to name a few, exacerbate due to parasitic replication and destruction of the bodies RBC. Once the cell is destroyed the merozites from the RBC disperse throughout theShow MoreRelatedThe Epidemic Of Malaria And Malnutrition1107 Words   |  5 PagesHannah Bagis Oleson Rise of the Rest (7) 1 May 2015 Malaria and Malnutrition Americans spend more on Halloween than the whole world does on malaria every single year (ONE). It is fascinating how consumerism and commercialism have bombarded the world; billions of dollars are wasted every single day on unnecessary objects while more than 3 billion people worldwide are living off less $2.50 every single day. To make matters worse, about 1.3 billion people live off half of that. Unable to afford theRead MoreHow Malaria Affects The Human Body And The Different Types Of Malaria1632 Words   |  7 Pagespeople are affected by disease. Most of these people don’t have the resources to feel better or even help others receive the cure. When people can’t get the vaccinations and cures they need, they die. There is a need all over the world to give sick people the cure to get better and lower the death rates due to disease. Because this is a global problem, everyone should be aware of the devastating effects of the diseases around the world. In some cases, the diseases are preventable and the cure given toRead MoreDeveloping Countries Healthcare Issues and Charitable Organizations that Address Their Needs1213 Words   |  5 Pagesmedicine, the care, and the knowledge to even help themselves prevent these easily preventable diseases and illnesses. Every sixty seconds, malaria claims life of another precious child. Maybe this is news to you or maybe this is your opportunity to let this problem resonate, while taking into account the health issues others around the world face on a daily basis. The prevalence of major diseases, such as malaria, occurring in developing countries is why charitable organizations take a preventiveRead More Africas Health Care Crisis Essay1529 Words   |  7 Pages The residents of Africa are suffering from preventable, treatable, and fatal diseases everyday at a higher rate compared to developed countries. The healthcare crisis in Africa is the primary cause of all these deaths, and includes inefficient h ealthcare systems. Consequently, Africans inefficient healthcare systems results in poor delivery of care and a shortage of health professionals. The healthcare crisis in Africa is a current issue impacting the lives of many Africans who dont have theRead MoreMalari An Health Problem That Can Be Stopped Essay1430 Words   |  6 PagesMalaria: An Health problem that can be stopped. Nigeria has different health problems affecting the people in the country from communicable disease to infectious disease. Communicable disease like tuberculosis (TB), pertussis (whooping cough), cholera to infectious disease like diarrhea caused by either bacterial or protozoal, typhoid fever, malaria, dengue fever, yellow fever, Lassa fever, meningococcal meningitis and rabies. 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South Africa major health public concerns are HIV/AIDS, malaria, smoking related disease, and tuberculosis, just to name a few of them but all of which affect the non-white population more than the white; apart form these. HIV/AIDS in Africa The rise of sickness in Africa today is mainly caused by HIV (Human ImmunodeficiencyRead MoreMalaria Is A Non Contagious Disease Caused By Protozoan Parasites Belonging1475 Words   |  6 Pages1.0 Understanding Biology Malaria is a non-contagious disease caused by protozoan parasites belonging to the Plasmodium genus. It is not spread from person to person in the manner that influenza or the common cold would be, and it is not sexually transmitted either. There are, according to the CDC, more than 100 species of Plasmodium parasites which can infect animals such as reptiles, birds and mammals. Four species have been recognised to infect humans in nature. In addition to this, there is oneRead MorePoverty in Kenya, Africa868 Words   |  4 Pagescitizens because of the diseases that are being spread throughout the entire state, the lack of medical supplies that is needed for each doctor, and unsanitary water and a very insufficient amount of food. The health and well being of the citizens of Kenya, Africa is horrific, many of the diseases that are spread are very severe which can sooner or later lead to death. With Kenya’s many water sources, Kenya has a high rate of water-borne diseases. Most of these water-borne diseases are not found in developedRead MoreHiv And Its Effects On Nigeria, Lower Respiratory Infections, And Hiv ( Cdc )884 Words   |  4 PagesAs of 2013, the CDC listed that the top 3 causes of mortality in Nigeria are malaria, lower respiratory infections, and HIV (CDC, 2013). HIV is the third leading cause of deaths in Nigeria and account for 9% of all deaths (CDC, 2013). HIV is the virus that causes AIDS, or acquired immunodeficiency syndrome. It can be contracted through the exchange of bodily fluids with another infected individual. In Nigeria, the spread of HIV occurs through high prostitution rates, unsafe sexual practices,

Thursday, December 12, 2019

What do we learn about British society in 1912 through the character in An Inspector calls By JB Priestly Essay Example For Students

What do we learn about British society in 1912 through the character in An Inspector calls By JB Priestly Essay An inspector calls By J.B. Priestly was written in 1945. It is set in the dining room of a fairly large suborn house. The city the live in is called Brumley. The dining room shows that the family living there is wealthy, well off, well looked after. They seem like a respectable family of their community. With the opening line spoken by Mr Birling you ought to like this port Gerald. As a matter of fact, Finchley told me it is the same port your father gets. This shows us the family is high in society as in 1912 port would only be available to people that had the money to buy it. In the first act they are celebrating the engagement of Gerald Croft to Shelia Birling. I should think Mr Birling would be happy as with this marriage his business would be able to merge with Geralds business to expand. We will write a custom essay on What do we learn about British society in 1912 through the character in An Inspector calls By JB Priestly specifically for you for only $16.38 $13.9/page Order now While they were celebrating an inspector, who called to investigate the murder of a woman called Eva Smith, interrupted them. She was also known as Daisy Renton. His part in this was to make every member of the Birling family realise the significance that they had in Evas Death. Mr Birling employed Eva smith in his factory. He treated he as he did the rest of his employees. Eva was one woman who believed in equal rights, and higher pay for working class men and women. At this time the suffrage movement was over powering women who felt that they should stand up to their rights as working females So she stood up to this and went on strike with 5 of her workmates. All they wanted was a pay rise, but Mr Birling was too tight fisted. He wanted to keep labour costs down and profits up. This way there would be more money for him. Women at this time were not seen equal to men. They couldnt dress in short skirts, revealing tops, and they were not allowed to smoke. They had to do what their husband told them. They were seen as the weaker sex. They could only work in shops or in factories they were not allowed to do mens jobs e.g. join the military, become lawyers, or become a police officer. In relation to this they had less pay they got minimum wage, which was twenty-two and sixth pence. They would not have unemployment benefits as men would because the men high in society would not allow it, men brought money to the family not women. We learn Evas life was a roller coaster ride of emotions. It had good points like meeting Gerald, having somewhere to stay, and having bad points like becoming pregnant and having little money. With the money Eva earned she could barely afford to buy food, as she had to pay for her room, which took most of her wages. Working class women did not receive health care and they had poor living conditions and sanitation problems, such as their toilet was a bowl that had to be emptied by throwing it out the window. This would cause many people to become ill, as the germs would be travelling in the air The strike that occurs in Birlings factory was on the terms women were not getting equal rights. The suffrage is a major factor to this. When managers were asked for a pay rise they refused angering, the workers causing them to strike. Mr Birling thought the strike was ridiculous and he cannot seem to fathom why it happened in the first place. So the easiest way out of it for him would be to fire the ringleaders of the strike. To set an example for the other workers, to show them who is boss. .u8aff389bb3f61ccb17aa9012198e0f80 , .u8aff389bb3f61ccb17aa9012198e0f80 .postImageUrl , .u8aff389bb3f61ccb17aa9012198e0f80 .centered-text-area { min-height: 80px; position: relative; } .u8aff389bb3f61ccb17aa9012198e0f80 , .u8aff389bb3f61ccb17aa9012198e0f80:hover , .u8aff389bb3f61ccb17aa9012198e0f80:visited , .u8aff389bb3f61ccb17aa9012198e0f80:active { border:0!important; } .u8aff389bb3f61ccb17aa9012198e0f80 .clearfix:after { content: ""; display: table; clear: both; } .u8aff389bb3f61ccb17aa9012198e0f80 { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .u8aff389bb3f61ccb17aa9012198e0f80:active , .u8aff389bb3f61ccb17aa9012198e0f80:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .u8aff389bb3f61ccb17aa9012198e0f80 .centered-text-area { width: 100%; position: relative ; } .u8aff389bb3f61ccb17aa9012198e0f80 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .u8aff389bb3f61ccb17aa9012198e0f80 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .u8aff389bb3f61ccb17aa9012198e0f80 .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .u8aff389bb3f61ccb17aa9012198e0f80:hover .ctaButton { background-color: #34495E!important; } .u8aff389bb3f61ccb17aa9012198e0f80 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .u8aff389bb3f61ccb17aa9012198e0f80 .u8aff389bb3f61ccb17aa9012198e0f80-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .u8aff389bb3f61ccb17aa9012198e0f80:after { content: ""; display: block; clear: both; } READ: The Giver - Main Character EssayWe learn men think more about their own pockets than the health and care of others. They thought the people on strike had it coming to them. You have to come down sharply on these people or they will be asking for the earth. The capitalism shows through in his stubbornness to the inspector by thinking he is the higher class, an authority figure as to speak. The suffrages wanted the right to vote. They would devote anything to it, even their lives. They wanted to be equal to men. Women made no progress in peaceful demonstration at first, and only disagreed themselves with violence in 1912 to 1914. Helping with the peace effort during the war has shown to the men of society women can be as good as they can. We know Eva was poorly paid. To get money she became a prostitute and worked at a shop called Milwards. Gerald offered Eva somewhere to stay and some money to keep her going. She accepted as she felt it would give her a better life. But she was sadly mistaken. In the text the upper classes were Mr Birling and Gerald Croft and the Inspector. They drank port wore expensive clothes, owned their own businesses and ate sophisticated foods. In working class families it would be a bed sit with brown walls and floors with only a desk, bed and a pan in the room. This is appalling compared to todays living standards. Well-paid people live in the same sort of houses as working class families and women have equal rights to men. Some women even get paid more than men. More women bring the money in to the household, as most unemployed are men. We are no longer in a time where a new boat is exciting for example the titanic. We have moved on and we are working toward everyone men women and a child having better lives and equal rights. No one is higher in status, they think they are, that is what causes the downfall in our society today. We are all equal and in those times I think it when we realised it.

Wednesday, December 4, 2019

Factors that Influence the Price of Oil Essay Sample free essay sample

Dubbed as the â€Å"Black Gold† by many economic experts and bookmans worldwide. oil ( more officially referred as Crude Oil or Petroleum ) . has been one of the most of import natural resources in the International Community upon its entryway in the 21stcentury. Indeed. from its first commercial development in the mid-19Thursdaycentury hitherto. oil served as both the drive force and the bargaining tool ( i. e. sticks and carrots ) for every emerging economic system in the universe. In the ultimate sense. at present. oil is critical for every country’s economic growing and economic sustainability. Several wars. peculiarly World War II. have been fought for both the ownership and the entree for oil. Truly. its importance is realized by every Heads of State/Government. As such. it wouldn’t be much of a surprise that within every Government’s national involvements and national dockets come a echt concern for both the entree and the security of that entree to oil ( in other words. the security of imports for non-producing states ) . States that produce oil – or are believed to possess oil ( unconfirmed and/or estimated militias ) – have banded together to organize an International Organization that would function as an superintendent for the ordinance of oil monetary values in the World Market. That International Organization is known as the Organization of the Petroleum Exporting Countries ( OPEC ) . Much like the International Monetary Fund – of which. ensures the stableness of currencies and exchange rates in the World Market – the OPEC. on the other manus. ensures the stableness of oil monetary values in international oil markets with a position of extinguishing harmful and unneeded fluctuations. One of the ways the organisation does this is by enforcing quotas to member states with respects to their oil production per twenty-four hours. As a consequence. the supply of oil neer exceeds the planetary demand for it ; forestalling a lowering of oil monetary values per barrel. In the late-1990’s. Oil Prices were at a low point of about $ 11 per barrel. However. several unexpected events – the September 11 onslaughts. the War in Iraq. etc – have resulted into terrible oil monetary value Hikes in merely less than five old ages. From $ 11 per barrel. oil monetary values skyrocketed to $ 40 and $ 50 per barrel in 2004. Less than three old ages subsequently. oil monetary values continuously experienced farther rushs – with monetary values making every bit high as $ 90 per barrel. In November of 2007. the universe watched closely as oil monetary values reached a record high of $ 98 per barrel ; with states keeping their breath as the monetary values easy and closely climbed to a $ 100. Fortunately. after making a close $ 98. 62. oil monetary values started to fall easy. Several Institutions and Agencies. nevertheless. are non optimistic with future oil monetary values. Most contend that with the go oning pandemonium in the Middle East coupled by the rapid growings of China and India. oil monetary values will doubtless mount to a $ 100 – or even acquire past it. Throughout the old ages. it has been observed that whenever something happens to the planetary oil market. the universe reacts and responds either shockingly or drastically. Indeed. Oil is imperative for every country’s growing and development. As such. it would be apprehensible that whenever the monetary values of oil in the oil market displacement. the universe watches closely. Just how does the monetary value of oil alterations? How is it influenced or. to some extent. controlled? Some sceptics believe that the additions in oil monetary values are really the consequence of deliberate controls from oil bring forthing states. Though rather controversial. there is. as a affair of fact. some truth from the statement. Oil. as some historical events have suggested. can be used as a bargaining tool or a arm against non-producing states. For case. see the Arab-Israeli Conflict of the 1960’s-70’s. Obviously. much of the states in the Arab universe are oil bring forthing states themselves. As such. they have the capableness of really â€Å"controlling† the monetary value of oil by keep backing or cutting the production of oil ; therefore. restricting supply whilst demand additions. As a consequence. oil monetary values skyrockets. Still. this may non be wholly the instance since if oil is intended to be used as a arm. an oil trade stoppage against the supposed enemy should do instead than cutting down on production in order to increase monetary valu es ( as was seen in the 1973 oil trade stoppage against the United States and Europe during the Arab-Israeli Conflict ) . Traveling off from contentions. there are several other factors that either indirectly or straight act upon the monetary values of oil. For one thing. there is the US dollar. In recent times. oil gross revenues have been denominated in US Dollars. As such. alterations in the value of the dollar against other currencies affect OPEC’s determinations on how to bring forth oil and what their quotas should be. For illustration. if the US dollar falls against the Filipino Peso. opportunities are the grosss of OPEC-member provinces that export oil to the Philippines will be much smaller ; hence. ensuing to a pick of either increasing the production of oil or increasing oil monetary values so as to suit their shortages. In 2007 entirely. the US dollar fell somewhat against most currencies in Asia ; particularly in South East Asia. Clearly. this is one factor that led OPEC to increase its oil monetary values ( instead than increase production ) . Still. other factors that led to the addition in oil monetary values is the immense demand coming from developing states – most particularly from Asia. India and China. as mentioned before. are one of the chief subscribers to the demand for oil in Asia. Currently. both countries’ economies’ are turning at an about astronomical rate of 9. 5 % to 10. 5 % severally. As such. it would be rather obvious that a quickly turning economic system would necessitate immense sums of oil for both energy and fuel demands ; plus. both states hold the place for first and 2nd largest populations in the universe. This fact merely perpetuates the inevitable demand for oil more. With all the factors attesting as a premier influence in both the addition and lessening of oil monetary values. likely one of the most of import factors ( and likely the newest to state the least ) of all is the outgrowth of planetary terrorist act. Indeed. since the happening of the events of September 11. planetary terrorist act has been perceived as a planetary menace to both the national security and national involvements of every state in the International Community. Both the usage of force and even the mere menace of the usage of force can be used by terrorists to technically affect or act upon the monetary values of oil in the planetary market. For case. terrorists may endanger an oil bring forthing state to cut down on its oil production. Such a tactic can frighten off possible investors in the industry. Furthermore. it can besides impact the monetary values of major stock markets in the universe. In the ultimate sense. the act of terrorist act can make a series of chained e vents that could decidedly ensue into a immense addition in oil monetary values. Determining the ultimate ground why oil monetary values increases or lessenings is non an easy undertaking. Other than the basic jurisprudence of supply and demand on a macroeconomic graduated table. there are a myriad of other factors that play together about nem con to act upon the monetary values of oil. For one thing. there is war. The presence of war generates a immense demand for oil from its culprits. As such. either monetary values or supply additions in order to take advantage of such an event. Another factor can be the issue of labour and migration. Labor work stoppages from oil bring forthing states can technically impact the production of oil ; therefore. impacting oil monetary values in general. Still. despite the elaboratenesss of understanding the oil market. a batch of bookmans and economic experts still continue to endeavor strongly in understanding it. As said many times. oil is imperative for every country’s economic growing and development. If so. so understanding the oil market is or can be equaled to understanding the hereafter of a state – and that is genuinely a invaluable ability. Cited Beginnings: Al Muhanna. Ibrahim ib Abdul Aziz. â€Å"Oil Price Hike: Reasons and Impacts. † September 2004Arab News( accessed 8 December 2007 ) from hypertext transfer protocol: //www. arabnews. com/ ? page=6 A ; section=0 A ; article=51086 A ; d=6 A ; m=9 A ; y=2004 Mufson. Steven. â€Å"Oil Price Causes Global Shift in Wealth: Iran. Russia and Venezuela Feel the Benefits. † November 2007Washington Post( accessed 8 December 2007 ) from hypertext transfer protocol: //www. washingtonpost. com/wp-dyn/content/article/2007/11/09/AR2007110902573_pf. hypertext markup language Reuters. â€Å"FACTBOX: Why oil monetary values are at a record high. † August 2007Reuters( accessed 8 December 2007 ) from hypertext transfer protocol: //www. reuters. com/article/hotStocksNews/idUSL0135968820070801? pageNumber=4 A ; virtualBrandChannel=0 A ; sp=true BBC News. â€Å"What is driving oil monetary values so high? † November 2007BBC News( accessed 8 December 2007 ) from hypertext transfer protocol: //news. bbc. co. uk/1/hi/business/7048600. short-term memory