Saturday, August 10, 2019

International Political Theorie Coursework Example | Topics and Well Written Essays - 4500 words

International Political Theorie - Coursework Example Everyone ue theorie--whether he or he know it or not--and diagreement about policy uually ret on more fundamental diagreement about the baic force that hape international outcome. Take, for example, the current debate on how to repond to China. From one perpective, China' acent i the latet example of the tendency for riing power to alter the global balance of power in potentially dangerou way, epecially a their growing influence make them more ambitiou. From another perpective, the key to China' future conduct i whether it behavior will be modified by it integration into world market and by the (inevitable) pread of democratic principle. From yet another viewpoint, relation between China and the ret of the world will be haped by iue of culture and identity: Will China ee itelf (and be een by other) a a normal member of the world community or a ingular ociety that deerve pecial treatment (Necati , 447-477) In the ame way, the debate over nato expanion look different depending on which theory one employ. From a "realit" perpective, nato expanion i an effort to extend Wetern influence--well beyond the traditional phere of U.. vital interet--during a period of Ruian weakne and i likely to provoke a harh repone from Mocow. From a liberal perpective, however, expanion will reinforce the nacent democracie of Central Europe and extend nato' conflict-management mechanim to a potentially turbulent region. A third view might tre the value of incorporating the Czech Republic, Hungary, and Poland within the Wetern ecurity community, whoe member hare a common identity that ha made war largely unthinkable. Where Are We Coming From The tudy of international affair i bet undertood a a protracted competition between the realit, liberal, and radical tradition. Realim emphaize the enduring propenity for conflict between tate; liberalim identifie everal way to mitigate thee conflictive tendencie; and the radical tradition decribe how the entire ytem of tate relation might be tranformed. The boundarie between thee tradition are omewhat fuzzy and a number of important work do not fit neatly into any of them, but debate within and among them have largely defined the dicipline. Realim Realim wa the dominant theoretical tradition throughout the Cold War. It depict international affair a a truggle for power among elf-intereted tate and i generally peimitic about the propect for eliminating conflict and war. Realim dominated in the Cold War year becaue it provided imple but powerful explanation for war, alliance, imperialim, obtacle to cooperation, and other international phenomena, and becaue it emphai on competition wa conitent with the central feature of the American-oviet rivalry (Daniel , 111-128) Liberalim The principal challenge to realim came from a broad family of liberal theorie. One trand of liberal thought argued that economic interdependence would dicourage tate from uing force againt each other becaue warfare would threaten each ide' properity. A econd trand, often aociated with Preident Woodrow Wilon, aw the pread of democracy a the key to world peace, baed on the claim that democratic tate were inherently more peaceful than authoritarian tate. A third, more recent theory argued that international intitution uch a the International Energy Agency and the

Friday, August 9, 2019

Leader profile Essay Example | Topics and Well Written Essays - 1000 words

Leader profile - Essay Example At the age of 16, he moved to Detroit to pursue his passion of building machineries (Ford & Crowther, 1922). After a lot of hurdled and failures, he was finally able to start up with Ford motors. Henry Ford’s vision was to bring about a car which was so cheap that everyone could afford to drive it and was also very easily and cost effectively repaired and fixed (Ford & Crowther, 1922). He translated his vision into his T car model which proved to be a great success. Today Ford Motors is a well-known brand with having stakes in other very famous brands as well, like Mazda and Aston Martin. Its headquarters are located in Michigan. Ford is ranked the second-largest automaker being US based and attains a fifth position globally for being the largest auto maker in Europe. Ford Motor Company has taken a lot of environmental initiatives in order to pursue their corporate social responsibility (Sorenson & Williamson, 1957). They have manufactured and made compressed natural gas vehic les, ethanol (flexible fuel) vehicles as well as electric and hybrid electronic vehicles. The position which Ford Motor Company enjoys luxuriously is only because of the vision of one man, Mr. Henry Ford. As a leader, he gave importance to giving value to workers along with maintaining a high level of self belief in them (Sorenson & Williamson, 1957). He always ensured to pay his workers high, which is why he was able to attract all the talent from all over the world towards is company (Sorenson & Williamson, 1957). Henry Ford understood that the only way to enhance the true potential in us is to understand the importance of work. He observed that work is an indispensable part of us as human beings and our achievement as individuals will come only as a result of us using our true working potential (Sorenson & Williamson, 1957). This is the main reason why he never thought of requiring, as for him life was work and work was life. The leadership style of Henry Ford was that of a trans formational leader. It is said so because he was able to articulate his vision with the action plans of his subordinates. Not only this makes him a transformational leader, he was also always very proactive then reactive (Sward, 1948). He was undoubtedly a charismatic leader which is completely shown by his desire to make a car which was affordable for each and everyone (Sward, 1948). The basic four traits which form the basis of a transformational leadership style are to be able to influence credibility, to inspire subordinates towards motivation, to address people with intellectual stimulation and lastly to have individualized consideration. Henry Ford had perfectly and completely mastered these four traits (Sward, 1948). Ford was always very motivation towards his workers and believed that people when happy and satisfied can be much more productive than people who are not happy an =d satisfied. He used to pay double wages than that of the market along with other rewards, incentiv es and bonuses (Sward, 1948). He also reduced the working hours a day for his workers so that they remain mentally and physically fresh. All this added to make Fords dream into a reality and the

Modernity Essay Example | Topics and Well Written Essays - 2000 words

Modernity - Essay Example They have sought to find out the ways through which modernity could get transformed into an ideal feature, rather than following the path of returning to the idealized past. Marx’s perception regarding modernity was built up by three developments – the French revolution of 1989, and 1848, and the French theorists; the industrial and agricultural revolution in Great Britain and the economists of Britain; and finally decline of Churches credibility. He actually tries to make some projection regarding what kind of shape all these developments will take in future. Very often it is perceived by many economists and politicians that Marx’s analysis of capitalism is mainly based on the experience of the textile industry the Manchester. According to Marx capitalism has lead the way to ultimate modern society, which can also be termed as stateless communism. According to Marx modern world has also taken its birth through class struggle. Marx treated the classes in the society as the agents of social change. The determinants are nothing but the organization of production. This kind of assumption stemmed from the consideration of some philosoph ical ideas in the very early days. In past, each society no matter whatever be it form – tribal, feudal or capitalists, was characterized by how its member used produce their basic needs for living. Each society had a tradition of creating a ruling class and a subordinate class on the basis of the mode of production they used. Since it’s impossible for any individual to live without work, and to propagate his own style, each individual has a tendency to enter into relationships with other and form family. People use different tools to fulfill their needs, and as old needs get satisfied, new needs arise and along with it, there also arise the need for improving or inventing new technique of production. This kind of technological innovation results in division of labor which affects societal arrangements too. Division

Thursday, August 8, 2019

Midwestern Contemporary Art Case Study Example | Topics and Well Written Essays - 2750 words

Midwestern Contemporary Art - Case Study Example The essay "Midwestern Contemporary Art Case" analyzes the Peter Smith and Keith Schmidt figures in contemporary art. Keith Schmidt has an established track record of success, and without a doubt has established himself as a reliable individual in terms of museum expansion. It follows that it's necessary to establish the chosen direction for the museum's operations. Having joined the board in 1981, Smith had experience with the MCA's operations; furthermore, when he joined the board, â€Å"he began pushing his desire that the MCA would attract more artists and a broader audience†. It's clear that in these regards upon the beginning of Smith's involvement he was on-board with the museum's expansion. Furthermore, knowing Keith Schmidt's track record and understanding that the museum expansion would be a key emphasis, he approved his hiring. While Peter Smith contends that Schmidt has acted without proper care and in a reckless way, another individual at the art center indicated t hat, â€Å"each year, we always ended up with a balanced budget, so I feel that Schmidt acted very responsibly in dealing with fiscal matter†. Rather than truly believing that Keith Schmidt was acting recklessly, the evidence indicates that Peter Smith's disagreements with Schmidt were based more out of a difference of opinion on the direction of the museum. Furthermore, it's noted that the responsibilities of the board members is not management and fiduciary responsibility, but rather to oversee broader matter; these are the responsibilities.

Wednesday, August 7, 2019

Career Path for Acounting Essay Example for Free

Career Path for Acounting Essay It is always so hard to give the exact number of people who have majored in accounting, but one thing that I know is that the demography is very wide and large. This is because they have different reasons for majoring in this career path. The most common reason to all people is because accounting is a marketable career and they merely want to find a job. The number of people majoring in this field is growing immensely and the most important thing is to consider the main reason of joining this profession. Some people will claim that when they were in high school, this was their best subject and they loved it and so they will need to major in it. I believe the best reason for majoring in accounting is because it has wide varieties of career path that one can major in. People should understand that this field is not all about debits and credits. It is more of a communicating language in the world of business and this is why many chief executive officers hold a degree in this field. In the day today life it is usually one of the most common undergraduate degree programs. The most important thing is to make certain that all of the people who are in this profession understand business and that is why many people who have ventured in accounting always have considerations for such posts. The most interesting part of this career choice is that most of the time the people who venture into it will always have the best job positions waiting for them because many people always have a notion that it is a difficult discipline. The employment opportunities are abounding for the graduates majoring in accounting. The government figures shows that at least 1.2 million of jobs are held by accountants every year. According to the Feldmann, 2009 and also the survey done by the Institute of Certified Public Accountants (AICPA, 2000) the graduates are declining but after revisiting their research in the year 2005, it reflected an increase in number of the accountant graduates. This has become a relief to many accounting recruiters. According to the 2007 Employment dynamics and growth expectations (EDGE) 57% of the hiring managers have a difficulty when hiring qualified staff. This call for a necessity of accounting graduates, which fortunately is increasing day after the other as the business enterprises increase. After attaining a degree in this sector, most of the students always opt to become public accountants as the first career choice. The choice of either taking job as a private accountant depended on the fact that they had to make choices among the salary values offered to them. None of them like to work in the non profit organizations. They also venture to work in a CPA company because this will give them an opportunity to venture in areas that they want to experience especially in the write up sector and auditing. This will offer them the necessary experience and that is one of the things that have invigorated so many students in venturing in the public sector option. One may also opt to venture in the private sector which is immensely lucrative. Some of the student will always like to work for the company which is rising up in this sector, but this will be determined by the level of research one is willing to do. This will give them a chance to grow and nurture their career paths in different sectors. I would advise the graduates to incline towards the public sector especially the government and non profitable sector which will provide them with the best job security even if the salary is low. There are several things that an accountant can do after they have completed their undergraduate degree. One can choose to specialize in different areas of this field, but most of all have the kind of skills that can enable them in doing so. One of the areas that is very common for people who have done accounting. Auditing is one of the areas that one can venture in. It is one of the basic areas that people have chosen to build their careers in. This kind of job involves checking of ledgers and financial statements for an organization so as to determine if they are making losses and are they spending the cash that has been allocated to them accordingly. In the era that we are in today, the work of this nature has been automated and mostly they just need to key in the values accordingly and they are going to get the right kind of statement. They ensure that the values that are presented are for the financial year contains the right values. Accounting career paths are very varied and this is why many a times one has to consider the path that they want take. Many people after they have cleared school do not have an impression where to flinch their careers but the many options have in these career paths that can be taken. Book keeping is another thing that they can do. These are the people who keep records of invoices, payments and other revenue coming for a company or an individual. In many cases they will always want to venture in this area accordingly. Another area, which they would venture in is becoming general accountants. This is almost the same to a book keeper, but they make accruals and the necessary adjustments in the accounting records. In the large organizations, they are usually placed in departments like human resources department dealing with the payment of the staff. Another area is when one becomes a controller. These are the people who are responsible for the accounting department. They usually work in the public sector but also venture in the private sector and they are usually in charge of cash flow for the organization. For one to reach to such a position, one must work and put a lot of determination in the work that they do. The other job, which is available for them is becoming a forensic accountant. These are the people who work with the government or the persons who are accountable for auditing and investigating crimes which are related to accounting frauds and other related things. These people should ensure that they posses some level of law knowledge because this will assist them in identifying areas which have been altered and assist in prosecution of the culprits. A budget analyst is another thing that they can do. This is because they are able to interpret many things, which are recorded in the budget. This is a very crucial and involving work because they are the people who are responsible in the making of financial plans for businesses and other organizations especially the government agencies and other non profitable organizations. The professionals who have taken up these works can take up these jobs in both the private and the public sectors. The people who take these kinds of jobs should be very innovative when it comes to the negotiation process and that is why they should have good personal and interpersonal skills. Financial accounting is another sector that one can venture in. These are the persons who are accountable for the preparation of financial statements of the available businesses or any enterprise. These are the persons who are used to make decisions when there is a merger which is going to take place in any company. This is because these people Are gifted to study the fiscal statements of the two companies and determine if there is a need for merger and if one of the companies is taking advantage of the other or not. They are also responsible for forecasting to determine the returns that will be experienced by the companies when they merge. It is important to make sure that these people are responsible for the financial and accounting processes. Management accounting is a very busy position in any organization. This is why many people are able to have the kind of decisions that are deterministic in the process of capital budgeting and the area of analysis of contracts. Control on businesses on the expenses and the cost analysis is done by these people. They usually make sure that they work in close contact with the people responsible for the marketing sector since they assist in a big way when it comes to the making decisions which are good for the welfare of the company. Taxation is another area which they can take up. This is for persons who would like to become tax accountants. These are the people who work for both companies and individuals. They usually prepare statements which either for a corporation of personal income. It is a boost for the individual who is doing this kind of work to have good knowledge background of the necessary kind of economics which is being used by these people. Accountants are also responsible for advising individuals when it comes to venturing in different kinds of businesses. This is because they are the people who have the knowhow on the issues that are present and current in the business world. It is very good to ensure that the people who need services can be given independent and privately. Budgeting and other issues, which are associated with the business are given and offered to the people accordingly. This is very usual for the companies which need a lot of desecrate business especially those that are being faces with of competition. They need individuals who are trustworthy and can be able to keep a secret and the customer’s information private. Some individuals have also opted to continue with their studies even after becoming qualified accountants. They continue for MS to become licensed, Certified Public Accountants. This is a person who is approved by the state to finance financial information in the public companies to give accurate results. These are the individuals qualified to start their own auditing firms if they do not a favouring or well paying job opportunity (Felix 2010, 56). Thus the study found it advisable for the accountant graduates to continue to this level for better and higher chances of employment opportunities and also private or self employment enterprises. The study realized various career choices coincide with the accountant career path. Though the rate of accountant graduate seems to increase year after the other, the job opportunities are also increasing since many people are venturing to businesses which requires accountants to deal with the financial analysis. Each and every sector starting with the individual enterprises, the public, private and nongovernmental organizations cannot be successful without the accountants. These are important personnel since every business is after making profits and thus accounting careers like the auditing department are important to examine whether the business profitable or not. The private and public sectors also requires accountant staffs that are qualified to analyze their financial status and thus, realizing on the areas that needs improvement. Some students lack the opportunity of joining any of the discussed careers especially because of some issues like corruption and high competition. Nevertheless such students are not supposed to be frustrated but to come up with other activities that utilize their qualifications. A number of graduates who have lacked a position in the public, private, or the non profit organizations have started their own auditing firms. They run their own business as private auditors and are employed casually by these organizations. Other graduates have set their small microfinance businesses. These are industries which are growing at a high rate. For the qualified accountants their operations are easy and beneficial. These enterprises have become common in the rural areas and in areas with small scale business. Some of the accountants are joining hands to operate such businesses as partners. Some of these enterprises have grown to become Sacco’s and eventually banks. continue for MS to become licensed, Certified Public Accountants. This is an individual who is licensed by the state to finance financial information in the public companie s to give accurate results. These are the individuals qualified to start their own auditing firms if they do not a favouring or well paying job opportunity (Felix 2010, 56). Thus the study found it advisable for the accountant graduates to continue to this level for better and higher chances of employment opportunities and also private or self employment enterprises. For people who have advanced in these areas and actually had the best payment package compared to having a degree alone. This is why I would advice many people to make sure that they have taken the issue of taking CPA in an extra way to be able to make more money and have better jobs. Many people who have licences and certifications are able to have the best things in the career paths toward getting the best jobs possible. Every qualified accountant expects a salary that is higher than for any other undergraduate from a number of business schools. There is also an expectation of initiation into an exclusive professional club of the practicing accountants. This is a symbolic status that makes one feel to have an important and recognized rank in the society. Unfortunately these expectations are rarely met in the current society. Quite a number of students have joined the account career. This is making this field to have more than the required participants. In other words the supply is overtaking the demand. With high expectations of having a unique status, what happens when one fails to achieve this goal? One is also interested with the queries like where an accountant career path can lead one to or if there are there other industrial areas related to accountant career that such a graduate could get involved to utilize his knowledge. For students who are clearing from the universities i would advise that one who is trying to learn about a good accounting career path should have a wide variety of choices especially if he has a degree in accounting. One’s initial selection depends on the feeling about a primary direction that he believes is of interest to him. There are various general areas where one can choose to work in for instance private, public, government linked, or the non profit making organizations. For newer graduates, it is advisable to work with a CPA firm since it gives an opportunity to examine a number of industries and experience of both the audit and write up functions. One may also decide to join a private sector which is more beneficial, nevertheless it is advisable to first investigate on any industry that lies as a choice and go for the one that is fast growing. This gives an opportunity for expansion of ones career and thus wider rooms for advancement. Where one is inclined in a public service or a career in a government or non profit making organizations, one gets a good chance of exploring in various issues and can easily make changes which are beneficial to a the whole society or even the nation. All the government offices, in all departments, require accountant personnel that are talented. These offices include the FDIC, IRS, Comptroller of the currency, General services administration, military branches departments, health ministries, environmental ministries, to mention but a few. Any accounting working area, be it in government, public, or private sectors, will always lead to an interesting financial rewarding and beneficial careers. Though some of these careers overlap they vary in focus and lead to a challenging, professional life. In conclusion I would say that Accounting is a career that moulds accountants; these are persons that are responsible in the provision of data that is mainly required to make an assessment on the future and current economic activities. Accountants performs various duties, which include planning tax strategy, calculating the computing cost, preparation of financial statements, developing information technology, measuring financial performance, to mention but a few. This suggests that there are various and different accounting career paths which are beneficial in one way or another and can fit different people. Though some of them overlap, each of them has a specific focus. For successful career people should be able to do the best that they can do to advance this sector. Many technological advances have been made to ensure that these people who take up this course are able to save time and actually do their work better too.

Tuesday, August 6, 2019

Investment Ethics Essay Example for Free

Investment Ethics Essay The contemporary world of today functions on investment. There are many types of investment such as investment in property, shares, mutual funds, sugar, gold, oil, rice etcetera (Theodore , 1992). The list goes on and on with some forms of investment so inanely mundane like investment in over priced paintings by unknown artists that one is forced to shake their heads at the inanes of how far the concept of investment has come since its inception. Investment is described in dictionary as: â€Å"In finance, investment is the purchase of a financial product or other item of value with an expectation of favorable future returns. In general terms, investment means the use money in the hope of making more money. In business it is the purchase by a producer of a physical good, such as durable equipment or inventory, in the hope of improving future business. † Gambling on the other hand is almost as old as investment itself and its exact origins are unknown. Scientists believe that the ancient Romans would bet on the outcomes of chariot races and gladiator fights. It could be defined as: â€Å"†¦the wagering of money or something of material value on an event with an uncertain outcome with the primary intent of winning additional money and/or material goods. Typically, the outcome of the wager is evident within a short period (Linda , 2006). † Now, a raging debate in the world today is whether investment is or is not just another form of gambling. I am an opponent of this statement but will first give an argument in favor of the statement. The purpose of me including the definitions above was to prove that even the meaning of the words investment and gambling themselves are similar. Any kind of investment be it financial or physical, is done to gain money or to increase the investors’ wealth. Gambling also serves the same purpose which is to gain financially from an act (though some people gamble for the thrill of winning etc). Also, in money investment, finance managers everyday gamble outrageous amounts of other peoples’ money on chance. Such transactions entail high risks and if this is not a form of gambling then what is? In fact, in some religions like Islam, most forms of investment except investment in property and currency, is forbidden because they proclaim it to be gambling which is also forbidden in the religion. In that way, if for people of some faiths it is forbidden completely, then it is wrong from an ethical perspective because you are risking not only your own earnings but the money of those who have entrusted you with their wealth (like shareholders to security companies). In addition, it is wrong from a moral point of view. This is because gambling gives rise to selfishness in the human heart. Greed is a natural emotion for almost all people and investing money in the form of higher returns gives birth to insatiability for more money which is why we often see people at casinos squander all their gambling winnings in hope of winning more and more. It is selfish because gamblers profit on the wealth of others and do not care about the next person or what big a loss he suffers. Another way that gambling can be wrong is that it may make people idle and complacent. They may be happy to earn their money through gambling only. They may not work hard because of this for a living because of this and continue to live off gambling without caring that it is not a permanent or very stable source of income (Elizabeth , 2007). But even though their definitions may be partly similar, the two words are not common in their truest sense. I agree that investment puts peoples’ money at risk for chance of a higher return but it is done by professionals like investment managers and financial accountants instead of novices or any Tom, Dick and Harry trying out their luck like in gambling. It is a whole structured business activity with companies spending months deciding how to spend their customer’s capital and hedging (or insulating) the investment against any negative exchange rate or interest movement. Gambling on the other hand requires no such months of planning and development and can be done on the spot. Secondly, gambling involves one party losing and the other winning. The winning of one depends on the other’s loss. In investment, there is no such tradeoff and all investors can benefit at the same time. Another very valid point here is that gamblers often don’t have the same intensive information that investors have. In the long term, gamblers are always paid less in winnings then they have invested. That is not the case with investment. So the debate between whether gambling and investment continues unresolved with both sides vehemently arguing their point. Works Cited Theodore, V. Ethics in Investment Profession. Research Foundation of the Institute of Chart. (May 1992). Linda, K. T. Managing Business Ethics. Wiley. (Aug 2006). Elizabeth, A. C. The Psychology of Ethics In finance and Investment. Research Foundation of CFA Institute. (June 2007).

Monday, August 5, 2019

The Effect of AFTA on Malaysian Agriculture

The Effect of AFTA on Malaysian Agriculture The agriculture sector is the sector that would be adversely affected due to the implementation of AFTA. AFTA will also lead to agricultural country facing greater competition from other countries manufacturers that have excess production costs.  American food imports has increased every year from the effects of increasing the number and standard of living.  In 1996, imports of food (including animal feed) and agricultural inputs was RM10.5 billion compared with RM4.6 billion in 1990.  In 1997 (January to October) the import is RM9.1 billion.  Malaysia experienced a trade deficit in food (including pet food) and agricultural inputs.  This means that there is an outflow of surplus state funds to finance imports. In 1996 exports amounted to RM4.2 billion, and in 1997 (January-October 1997) was RM4.5 billion.  This means that the trade deficit in food and agricultural inputs in 1996 were RM6.3 billion and RM4.6 billion in 1997. Although, agriculture Malaysia at this time still dominates the market, there are concerns that performance will not last after the AFTA implementation.  Malaysia agricultural products can only compete at this juncture because the aid of subsidies and taxes imposed on the protected agricultural neighbours.  So too, some agricultural products from Thailand and Indonesia still cheaper than products in the country.  Furthermore, the output of vegetables such as from Cameron Highlands will rising prices due to rising prices of fertilizers and pesticides.   Thailand agricultural products are available for sale at half price until two or three times cheaper than our country. For example tomatoes from Thailand were sold at wholesale at a price of RM14-RM20 for 20 kilograms while tomatoes in Cameron Highlands can reaching up to RM40 for the same quantity of tomatoes.  Meanwhile, Indonesian products such as cabbage are sold cheaper than double the output of cabbage Cameron Highlands.  Indeed, Indonesia is the quality of vegetables grown in the highlands of Sumatra is not so good. However, if no taxes are high, prices will be very cheap to buy the buyer gets a big advantage. Although forced to remove the damaged portion of vegetables, this is definitely not a problem.   Effects of AFTA can be clearly seen on the rice/paddy sector.  Before the end of 2004, the government has raised taxes rice from 0% to 40%.  The purpose of the import tariff is to protect the domestic price of imported rice to be higher than the price of local rice.  AFTA law requires a maximum of 40% imposed in 2005 and will be reduced to 20% by 2010.   According to the local rice industry, the rate of 20% of rice imports in 2010 will not be able to protect the local rice industry.   As a result farmers are ruined to excessive paddy supply and low prices. Our farmers also unable to compete in the open market without the subsidies provided by the government, as the production cost in neighbouring countries is much lower. Market supply of fish, especially for the west coast of Peninsular Malaysia such as Perak, Selangor, Negeri Sembilan and the time is increasingly dominated by catches of southern Thailand.  After the implementation AFTA, the fish are expected to dominate the market throughout the country. This is because fish caught by fishermen Malaysia is higher due to rising diesel prices, rising hot spares, and transportation of fish to market high.  Perhaps the most affected industries are the automobile, even though Malaysia postpone the opening of the domestic market to foreign products until 2005.   AFTA also affects more than 300,000 families of rice planters, more than 80,000 fishermen families, more than 400,000 smallholder families, more than 250,000 rubber and oil palm smallholder families.  This is because industrial crops such as palm oil, rubber and cocoa will be dominated by the estate and corporate. International agricultural companies large and small farmers would be competing with the cause of small farmers increasingly marginalized. This is due to AFTA is in favour of big traders but not the farmers and small entrepreneurs.  At the same time, priority is given to corporations to develop the agricultural sector.  Thus, large corporations dominated the entire process of agricultural production such as production and stocks of seeds, processing, packaging, transportation and marketing.  Farmers do not have the authority to determine and only employee of large agricultural companies. Farmers also do not have the power in the production of agriculture product. No t only that, small farmers also have only two options if they cannot compete which are selling the land or work as labourers. Furthermore, implementation of AFTA has also affected the agricultural labourers.  This is because the opening in the trade competitiveness of the company causing the transfer of labour-intensive to technology-intensive companies to reduce production costs.  Thus, unskilled workers were adversely affected because the big businessmen looking for sites to operate in low-cost labour.  The transfer also resulted in the employment opportunities of local workers and the diminishing power of employee consultation will also become more vulnerable. As a conclusion, the implementation of AFTA will affect the farmers adversely. A reduction in the import duty will make foreign rice cheaper and this will crowd out domestic rice production. This crowding effect may potentially result in the unemployment of some 150,000 rice farming households putting additional burden on the government.