The Economic Analysis of the United States

Making sense of strategy Essays

Making sense of strategy Essays Making sense of strategy Essay Making sense of strategy Essay 8301 A Making Sense of Strategy I An Analysis of the Impact of the Internet on Competition in the Banking Industry, using Porters Five Forces Model [Student Name] [Student ID] [Submission Date] words: 2500 Table of Contents Question 1: Examine how the emergence of the internet is likely to affect the competitive landscape of the banking industry. a. Evolution of Internet its Effects on Banking Industry: In todays modern era, nobody can deny the immense growth of technology and power of computerization. Modern computerized revolution has penetrated into every sector in the form of internet. The emergence of internet has greatly helped the banking industry to setup a domain of its clients and mark their geographic locations. This computerized system of banking simply refers to E-banking that is a broad term that takes place on the online system. There is no need to go personally to the bank; it only demands an online system to make the financial transactions. It can also be called as online banking, phone banking or a personal computer banking, etc. The power of online banking and e-business solutions has greatly helped the customers to make instant transactions online. With these latest wired facilities, banks can easily carry out their account operations, or the e-business plans, the online banking system now provides full convenience to its customers to check the status of their accounts and to make transactions at its fastest pace. Electronic banking has become a platform to meet the demands of the changing and growing consumer as well as develop a new base of customers. It is not only the fastest mean of transaction but also provides more efficient ways to handle your bank account. It has provided many Job opportunities by enlarging the commercial market. There is a substantial increase in the altering standard of living and know how scientific the efficiency of the people decided that the Internet and online banking channel is that were hardest smack and used confidently. Lets discuss about the benefits of todays online banking system and its various client oriented approaches. The most basic elements of an online banking system are Customers Account Management, Provision of Fast Solutions, and Value- Added Services and Support. One of the biggest advantages of online banking is the efficient account management and its operations. Be it an online purchase request, or a simple balance enquiry, be it a cash transfer process or an e-business investment, the power of online banking operations has made it much easier than before. Now, the customers are not required to go and visit bank themselves. With online banking facility, they can easily operate their accounts, make transactions and can have their bank statement checked instantly. Moreover, corporate banks can easily provide fast services to their customers by using their online banking system. Another advantage of online banking is the reduction of business cost. An online system provides a central data repository and a network of computers attached with the main server. This helps to reduce the operational costs of a bank for maintaining more branches at different locations. Internet is the most powerful source to capture a wider audience simultaneously. With this facility, it has become much easier to setup a network of online banking system. Internet banking does not restrict the banking system within a country but allows offering their services globally without involving any extra cost. Internet has made it easier to target specific market online. It directly allows bank to focus more and to provide full product information, services or any other information necessary to be known by the customer. This feature gives advantage to the bank to get the hold of most profitable customers and to keep up the long term relation with them. Online banking approach provides flexibility to remain connected with your valuable customers 24 hours and keep them updated about their desired information on a regular basis. This helps to enhance the image and reputation of the bank. Provision of fast value added services helps to acquire ustomer attention more promisingly, with added customer loyalty and trust. A lot of new innovative technologies and advance services are rapidly becoming a part of online banking system. This will provide a competitive edge to bankers by attracting more customers with powerful client oriented packages and consumer driven initiates. Internet as a strong means of communication has greatly helped to boost the online banking process and making it a future demand of todays banking industry. Question 2: be able to compete in this environment dominated by internet and online banking. . Fundamental Requirements to Establish a Hi-tech Banking Industry: With the huge growth of banking business and emerging need of internet banking, there must be a wide availability of resources and capabilities that a bank should possess to compete in a fast paced environment. Lets talk about these resources and capabilities that make a bank successful in todays modern computerised world. 1 . Online Banking: The first and foremost necessity of todays computerized banking industry is to have an online banking system. With the power of internet, online banking is the only system which provides easy solution to customers problem. Now your problems can be addressed instantly on the net, through your banking network. Different banks are providing different packages and services to capture more market share and customers loyalty. These includes special banking offers like car loan facility, house loan, study loan, business loan, credit card facility, visa card for shopping purposes, and much more. With each value added service, different banks offer different packages and discounts to their customers, to make their online banking system better and most desirable as compared to their competitors. . Mobile Banking A new state-of-the-art facility in computerised banking industry is the mobile banking. With this innovative technology, customers can now operate and check the status of their account online, by using their mobile internet. Majority banks have been providing an alert message facility to its customers. You can easily subscribe to any online value added service by sending a text message on your bank servi ce number, or online help number. Either it be a request for your account balance to be received weekly or monthly basis on your mobile via sms alert facility, or it is request o get your transaction details as an instant message from your bank. The mobile banking is a highly beneficial facility for businessmen and entrepreneurs. 3. Competent Staff Another emerging need of internet and computerised banking is the availability of competent and talented staff. Having educated and smart people on board can greatly help to contribute positively in companys growth and development. Moreover, it is required that the staff must have the prior knowledge of online internet marketing and e-business strategies to effectively carry out the banking operations. Experienced staff and trained people would be able to handle technical and non-technical, both problems easily, and would be in a much better position to meet customer needs to their full satisfaction. Another added benefit is the establishment of healthy learning environment, where senior and trained personnel can help to train new staff on the latest online tools and banking software, and could also get benefited from fresh ideas of the newcomers. . Secure Network One of the most important concerns of online internet banking is its system security and safety. The account information is the most confidential data of a customer that eeds to be privately secured. It is highly important that the bank must have a firewall protection and other security protocols and measure to keep data safety and integrity. Cybercri me and hacking are at its peak. There is a need to protect system from these online threats, malwares, computer viruses and other bugs that can lead security techniques and softwares to protect clients data. This high end protection enables the bank to carry out its operations smoothly and helps to maintain the required trust level with its customers. 5. Prior Planning Action Banking business is progressing rapidly with todays market needs and customers ecessities. Market is the survival of the fittest. Without proper business action plans and strategic marketing policies and procedures, a bank cannot compete in recent electronic banking environment. A banker must do a proper market survey and study of its operational environment before starting its banking business. This helps to determine its main stakeholders, competitors, and current services provided. Moreover, it would be helpful to make a healthy business structured plan and improved programmes, offering better policies and procedures, as compared to other competitors of the banking industry. Question 3: The authors argue that certain theories and concepts used to key for competitive advantage in the traditional business environments are no longer important in this new era of internet dominant environment. Explain. Contemporary Theories and Internet Dominant Environment The modern approach of online baking and internet e-business has changed the banking procedures and operations drastically. A lot of new effective marketing strategies have emerged to address and solve customers problems and to provide better services. However, we should not forget about the indigenous and ontemporary marketing theories and philosophical models that makes the foundation of todays banking business. These models are the pillar stones of banking system. The old theories of competitive advantage demonstrate the basic working principles of banking business and its consumer driven approaches. One such competitive advantage theory is the Porters Five Forces Model. This framework is based on five forces that can influence the banking industrial structure. This model helps you to understand about the strength of your current competitive position and makes an important part of your planning toolkit. Porters models highlights about the Competitive Rivalry i. e. the number and capability of your competitors. If you have many competitors in the market, and they offer attractive products and services, then you will most likely have little power in the situation, because suppliers and buyers will go elsewhere if they dont get a good deal from you. Secondly, the Supplier Power i. e. how easy it is for suppliers to drive up prices. This depends on the number of suppliers, the uniqueness of their product or service, their strengths and selling capabilities. The third force is the Buyer Power i. e. the customers who inally consume the product or the firms who distribute the industrys product to the final consumers. Potential customers can bargain to cut down the prices being charged by the firms and can demand better quality and service of product. Then we have the Threat of Substitution i. e. the ability of your competitors to find a different way of doing what you do, by introducing substitute products having ability of satisfying customer needs effectively. Porters last and fifth force is Threat of New protection for your key technologies, then new competitors can quickly enter your market and weaken your position. If you have strong and durable barriers to entry, then you can preserve a favorable position and take fair advantage of it. Porters five forces model and generic strategies are easily applicable and greatly important for all the banking business scenarios. These basic strategies are the basis for all new and advanced theories and strategies. All banking business must consider and incorporate these theories, while designing and planning their marketing strategies, policies and programmes. Question 4: Select a bank in your home country and answer the following: a. Using Porters Five Forces model, discuss its competitive environment, b. How the internet impacts it competitive position and c. How it has continued to preserve its competitive position. a. Porters Five Forces Model Lets take the example of Central National Bank of America and discuss its operations based on the Porters Five Forces Model: Rivalry among Existing Competitors Business rivalry leads to a healthy market competition among existing firms as well as new entrants. If there are lot of competitors in the market, each competing for the same products and services, then there are strong chances of price fluctuation, innovation of new products and services, better advertising methods and campaigns nd provision of quality products. Business rivalry greatly effects the marketing operations and setups of business firms. Each firm tries to adopt effective methods and techniques to capture greater market and community share. Some may reduce their product price to attract more customers, while others try to introduce more innovative and substitute products. Some firms pay special focus on their advertising methods and campaigns to get a larger customer share, as well as making improvements in their products and services. For example, in Central National Bank, the competition among different banks is very high. The Central National Bank of America has to face strong rivalry from its competitors. To cope with it, the bank has adopted several policies including provision of improved quality of services, well planned advertising campaigns, and customer focused initiatives, to gain higher market share. Threat of New Entrants New entrants always bring a healthy competition in the market with their new innovative products and get a share in the market easily. Banking industry in Central National Bank is also on the rise. It is growing at a very good pace. Due to tough competition and emergence of new entrants in the market, Central National Bank of America, is forced to lower its margins in order to attract the customers. Threat of Substitute Products Services Nowadays, consumers are paying attention towards a better quality and affordable price product. This leads to competition among different firms to introduce high quality, superior products, but within the buying range of their customers. These substitute products and services are the basis to differentiate and makes a firm achieve better position in the market from its competitors. The banking industry is also adopting several cross-cutting techniques and policies to fulfil customer needs nd make them happy with their operations. The Central National Bank of America is also striving from the past many years to win customers heart by establishing a strong banking setup and better implementation policies. Several new banking services including online banking, mobile banking, and e-business investment plans have been introduced by standard chartered bank, to provide maximum flexibility and state-of-the-art facilities to its customers. Buyers Bargaining Power A buyer bargaining power is another strong influential factor that greatly affects the business. If the prices are higher, then the company would be in a weaker position, aking its clients inclined towards other competitors products and services. However, keeping a reasonable and affordable price lowers the chances of a buyer to bargain for products at their desired price. This in return helps to strengthen the position of the company in the market. Americas banking industry offer fixed charges and prices for almost all the services. This helps to establish reasonable price criteria where consumers dont have to decide between different competitors products. For example, the bank account opening charges and minimal opening balance requirement for all the banks in America is nearly the same. This helps the lients to open an account in any bank of their desire, as it would not make any wide ranging difference to switch between two banks. Suppliers Bargaining Power Suppliers bargaining power hold special importance to influence the market. If suppliers are providing high quality products which can meet clients need to its fullest, then they are in a better position to bargain a higher price for that product. Making services and products up to the mark and maintaining a suitable quality standard helps the suppliers to get a larger share and incentive out of their spent cost. Moreover, customers also prefer to buy a quality product. If other suppliers bargaining powers are lower, then the customers demand to get high quality, good featured product also rises. In Central National Bank of America, the suppliers of bank include the customer deposits, mortgage-backed securities, mortgages and loans, and loans from other financial institutions. The availability of several banks in the market makes the suppliers bargaining power high. a. Impact of internet on competitive position Power of internet in the banking sector has contributed greatly to promote and spread its operations worldwide. The facilities like online banking, mobile banking, ith quality internet banking services. Standard chartered bank is a multinational bank that also adds to the competitive edge. Moreover there have been so many unique services linked with standard chartered online banking that are provided by the bank. These all factors have helped the bank in setting the competitive advantage. c. Managing competitive position Standard chartered bank KSA, strong adherence to its policies and customer-oriented approach has helped to establish its reputation and image in the market, so far. It is considered as a leading bank in Saudi Arabia banking industry. This is also due to its onstant revision and upgrading of the online services and programmes to meet customer needs. Bank manages its competitive position by adding new services to its service line and by maintaining the standard of its services. Customers can get maximum benefit from standard chartered bank for its new initiatives and better revised policies. References Gefen, D. and Straub, D. (2000). The relative importance of perceived ease of use in IS adoption: A study of E-commerce adoption. Journal of the Association for Information Systems, 1, pp. 1-28. Gerrard, P. and Cunningham, J. B. (2003). The diffusion of Internet anking among Singapore consumers, International Journal of Bank Marketing, 21 (1), pp. 6-28 Kalakota, R. and Whinston, A. B. (1997). Electronic commerce A managers guide. Massachusetts: Addison-Wesley Longman. Porter, M. E. (1979) How Competitive Forces Shape Strategy, Harvard Business Review Simpson, J. (2002), The Impact of the Internet in Banking: Observations and Evidence from Developed and Emerging Markets. Telematics and Informatics, 19(4), pp. 31 5-330. Thornton, J. and White, L. (2001) Customer orientations and usage of financial distribution channels, Journal of Services Marketing, 15(3), pp. 168-185.

Energy Policy, BRIEFING REPORT TO THE SECRETARY OF STATE FOR ENERGY Essay

Energy Policy, BRIEFING REPORT TO THE SECRETARY OF STATE FOR ENERGY AND CLIMATE CHANGE ON FACTORS TO CONSIDER IN THE PREPARATION OF A NEW ENERGY BILL FOR THE UK - Essay Example In addition, the reform advocates for contracts of investments especially long term contracts so as to enhance early investment before the CFD regime. The power purchase agreement is also embedded in the reform to enable access to the market while on the renewable transitional, the arrangements for the mandated scheme is catered for. The provision for limitation of carbon emission has not been left out in the provision of Emission Performance Standard (EPS) (2). The other acts in the bill entail regulation of nuclear, strategy and policy statement, and consumer protection. The regulation of nuclear power plants is aimed at providing safety and security. Furthermore, the consumer protection act minimizes the number of tariffs on energy to the locals. The act enables the Ofgem to extend its licensing to other parties besides the enforcement power on Ofgem to supervise the energy business that contravene licensing conditions on electricity and gas. If consumers suffer from the breach the Ofgem provides redress. Finally, the consumer protection act amended the legislation on energy conservation and warm homes (2). The bill did not elaborate more so on the consumer protection how to deal with the menace of the ever increasing fuel prices. It failed to provide regulations on the big energy firms whose dominance have apparently hampered competition. Kevin (1) questions where the locals’ money go to in the energy sector. He illuminates that in each household the average yearly bill for gas and electricity is approximately 1,270 pounds yet the payment is pegged on the consumption and payment method. Las year the average prices for electricity for UK was forth highest in the G7 member nations. In comparison to the US, their prices for electricity and gas were the lowest. The diagram below illustrates the pricing of gas in the 15 EU countries and US. The soaring prices have left more questions

International business communication Assignment

International business communication - Assignment Example ciple of global e-commerce discusses about the details of e-commerce and e-business activities and how internet and social networking along with other digital tools are used for marketing activities. The strength of a traditional hierarchical structure is that the employees have clarity of their position in the organization and they have a single person to report to. This as a result removes any ambiguity of roles and overlapping of responsibilities, thereby removing any room of error (Baligh, 2007). Owing the presence of steep hierarchical structure, internal organizational communication becomes a challenge. In most cases the employees can only contact the supervisor who is immediately above him in hierarchy. The hierarchical organizational structure is suitable for very large firms, with more than a thousand employees. It is mostly suitable for the firms which operate in relatively stable market environment. The strength of a bureaucratic organizational structure lies in strategic decisions taken by the organization. It allows the higher management to have high level of control in every decision making process in the organization (Baligh, 2007). In a bureaucratic organization the employees are less motivated and their creativity is not encouraged. The higher level of control by the management reduces the room for working freedom and flexibility in the work environment thereby de-motivating the employees. This type of structure is suitable for the firms where strictly following rules and regulations are imperative to high quality product and service development, such as in case of hotel management (Bate, 2008). The matrix organization allows the firm to bring together all the managers and employees together so that they can proceed towards a shared goal. The departments can work closely together owing to the efficient exchange of information (French and Rayner, 2011). Organization behaviour is the aggregate of the ways in which an organization impacts the

Waste Heat Boiler Research Engineering Essay

Waste Heat Boiler Research Engineering Essay Incorporates a boiler economiser, incorporates the waste heat from the boilers hot stack and transfers this waste heat to the boilers feed water. The boiler feed water will then be hotter and therefore requires less heat energy to boil it after A boiler economizer is a device that reduces the overall fuel requirements a boiler requires which results in reduced fuel costs as well as fewer emissions since the boiler now operates at a much higher efficiency.   Boiler economizers recover the waste heat from the boilers hot stack gas from transfers this waste heat to the boilers feed-water. Because the boiler feed-water is now at a higher temperature that it would have been without a boiler economizer, the boiler does not need to provide as much additional heating to produce the  steam requirements of a facility or process, thereby using less fuel and reducing the fuel expenses. Boiler economizers also help improve a boilers efficiency by extracting heat from the flue gases discharged from the final super-heater section of a radiant/reheat unit or the evaporative bank of a non-reheat boiler. Heat is transferred, again, back to the boiler feed-water, which enters at a much lower temperature than saturated steam.   Boiler Economizers are a series of horizontal tubular elements and can be characterized as bare tube and extended surface types. The bare tube includes varying sizes which can be arranged to form hairpin or multi-loop elements. Tubing forming the heating surface is generally made from low-carbon steel. Because steel is subject to corrosion in the presence of even low concentrations of oxygen, water must be practically 100 percent oxygen free. In central stations and other large plants it is common to use deaerators for oxygen removal.   * Waste Heat Recovery Many industrial processes generate large amounts of waste energy that simply pass out of plant stacks and into the atmosphere or are otherwise lost. Most industrial waste heat streams are liquid, gaseous, or a combination of the two and have temperatures from slightly above ambient to over 2000 degrees F. Stack exhaust losses are inherent in all fuel-fired processes and increase with the exhaust temperature and the amount of excess air the exhaust contains. At stack gas temperatures greater than 1000 degrees F, the heat going up the stack is likely to be the single biggest loss in the process. Above 1800 degrees F, stack losses will consume at least half of the total fuel input to the process. Yet, the energy that is recovered from waste heat streams could displace part or all of the energy input needs for a unit operation within a plant. Therefore, waste heat recovery offers a great opportunity to productively use this energy, reducing overall plant energy consumption and greenhouse gas emissions.   Waste heat recovery methods used with industrial process heating operations intercept the waste gases before they leave the process, extract some of the heat they contain, and recycle that heat back to the process.   Common methods of recovering heat include direct heat recovery to the process, recuperators/regenerators, and waste heat boilers. Unfortunately, the economic benefits of waste heat recovery do not justify the cost of these systems in every application. For example, heat recovery from lower temperature waste streams (e.g., hot water or low-temperature flue gas) is thermodynamically limited. Equipment fouling, occurring during the handling of dirty waste streams, is another barrier to more widespread use of heat recovery systems. Innovative, affordable waste heat recovery methods that are ultra-efficient, are applicable to low-temperature streams, or are suitable for use with corrosive or dirty wastes could expand the number of viable applications of waste heat recovery, as well as improve the performance of existing applications.   Various Methods for Recovery of Waste Heat Low-Temperature Waste Heat Recovery Methods A large amount of energy in the form of medium- to low-temperature gases or low-temperature liquids (less than about 250 degrees F) is released from process heating equipment, and much of this energy is wasted.   Conversion of Low Temperature Exhaust Waste Heat making efficient use of the low temperature waste heat generated by prime movers such as micro-turbines, IC engines, fuel cells and other electricity producing technologies. The energy content of the waste heat must be high enough to be able to operate equipment found in cogeneration and trigeneration power and energy systems such as absorption chillers, refrigeration applications, heat amplifiers, dehumidifiers, heat pumps for hot water, turbine inlet air cooling and other similar devices.   Conversion of Low Temperature Waste Heat into Power -The steam-Rankine cycle is the principle method used for producing electric power from high temperature fluid streams. For the conversion of low temperature heat into power, the steam-Rankine cycle may be a possibility, along with other known power cycles, such as the organic-Rankine cycle.   Small to Medium Air-Cooled Commercial Chillers All existing commercial chillers, whether using waste heat, steam or natural gas, are water-cooled (i.e., they must be connected to cooling towers which evaporate water into the atmosphere to aid in cooling). This requirement generally limits the market to large commercial-sized units (150 tons or larger), because of the maintenance requirements for the cooling towers. Additionally, such units consume water for cooling, limiting their application in arid regions of the U.S. No suitable small-to-medium size (15 tons to 200 tons) air-cooled absorption chillers are commercially available for these U.S. climates. A small number of prototype air-cooled absorption chillers have been developed in Japan, but they use hardware technology that is not suited to the hotter temperatures experienced in most locations in the United States. Although developed to work with natural gas firing, these prototype air-cooled absorption chillers would also be suited to use waste heat as the fuel.   Recovery of Waste Heat in Cogeneration and Trigeneration Power Plants In most cogeneration and trigeneration power and energy systems, the exhaust gas from the electric generation equipment is ducted to a heat exchanger to recover the thermal energy in the gas. These heat exchangers are air-to-water heat exchangers, where the exhaust gas flows over some form of tube and fin heat exchange surface and the heat from the exhaust gas is transferred to make hot water or steam. The hot water or steam is then used to provide hot water or steam heating and/or to operate thermally activated equipment, such as an absorption chiller for cooling or a desiccant dehumidifer for dehumidification. Many of the waste heat recovery technologies used in building co/trigeneration systems require hot water, some at moderate pressures of 15 to 150 psig. In the cases where additional steam or pressurized hot water is needed, it may be necessary to provide supplemental heat to the exhaust gas with a duct burner. In some applications air-to-air heat exchangers can be used. In other instances, if the emissions from the generation equipment are low enough, such as is with many of the microturbine technologies, the hot exhaust gases can be mixed with make-up air and vented directly into the heating system for building heating. In the majority of installations, a flapper damper or diverter is employed to vary flow across the heat transfer surfaces of the heat exchanger to maintain a specific design temperature of the hot water or steam generation rate.   Typical Waste Heat Recovery Installation http://www.bchp.org/images/2-3-3HeatRecovery.gifIn some co/trigeneration designs, the exhaust gases can be used to activate a thermal wheel or a desiccant dehumidifier.   Thermal wheels use the exhaust gas to heat a wheel with a medium that absorbs the heat and then transfers the heat when the wheel is rotated into the incoming airflow. A professional engineer should be involved in designing and sizing of the waste heat recovery section. For a proper and economical operation, the design of the heat recovery section involves consideration of many related factors, such as the thermal capacity of the exhaust gases, the exhaust flow rate, the sizing and type of heat exchanger, and the desired parameters over a various range of operating conditions of the co/trigeneration system all of which need to be considered for proper and economical operation.

Qualities Of A Pastoral Carer :: essays research papers

Describe the essential qualities of a pastoral caregiver. Outline literature used to support your assumptions. Discuss the qualities you believe that you have already and what you recognise you need to develop. Include how you intend to do this. “The shepherd was with his flock day and night, often in remote places far from home, and he had to be skilled in keeping the flock together, in finding wanderers and stragglers, in recognising the ailments of his sheep and knowing how to cure them, and in ensuring the safety of the vulnerable members of the flock.'; This definition of the role of a pastoral caregiver highlights the necessity for certain fundamental qualities within an individual in this role. These qualities include integrity, relevant response to issues of the time, deep knowledge of the heart of God, humility, and love. Deep knowledge of the heart of God, is the most important quality for someone in a pastoral role. “Do you know the incarnate God? In our world of loneliness and despair, there is an enormous need for men and women who know the heart of god, a heart that forgives, that cares, that reaches out and wants to heal…The knowledge of Jesus’ heart is a knowledge of the heart. And when we live in the world with that knowledge, we cannot do other than bring healing, reconciliation, new life, and hope wherever we go.'; Spiritual maturity is essential as the above quote of Henri Nouwen explains and is further defined by St Gregory the Great where he wrote, “That man, therefore, ought by all means to be drawn with cords to be an example of good living…who studies so to live that he may be able to water even dry hearts with the streams of doctrine…'; , for a rounded and biblically sound approach as a carer. However the relationship between the individual and Chri st is inevitably ever changing. The pastoral caregiver has to have an open mind to this spiritual development in such things as his or her spiritual gifts, for growth within him or herself and within his or her care giving. In conjunction with this relationship with Christ the quality of relevant response with regard to current issues arises. Contextualising pastoral theology is achieved through this partnership with God and the original attitudes and awareness that come from an experience and understanding of the present situation. Here the wounded healer has the opportunity to address these issues more totally as they have an empathetic depth of understanding.

Essay on Anthropocentrism

Environmental Ethics I believe that the most critical ecological issue today is population growth and the anthropocentric self-interest centered life-style that human beings engage in. The combination of these two human qualities is detrimental to the environment. The first reason I think this is because when we uphold anthropocentric ideals, we toss the environment to the curve, and as a result all of creation suffers. Second, I believe that when we live for exclusively our own self-interest, we only speed up the process of ecological destruction.If we shared our â€Å"stuff† and food with each other and the rest of the world, we could significantly reduce our impact. Third, I believe that even if we are ethical and environmentally conscious as individuals, it will not be enough. If one is sold on ecological salvation but still clings to individual self-interest, then they won’t have the ability to create serious and measurable change. The example of one farmer out of several deciding not to dump waste in a close by water reserve rings true to this idea.Community interaction and a removal of our attachment to our own private benefits is essential in working towards a better cleaner earth. As a result of anthropocentric justification dominating our society, exclusive selfishness and self-interest driven life styles, and our inability to truly make a positive impact as individuals, I believe that population growth seamed with selfish anthropocentric living are truly the most critical ecological issues we face today.