Friday, August 21, 2020

Journal Contemporary Hospitality Management -Myassignmenthelp.Com

Question: Talk About The Journal Contemporary Hospitality Management? Answer: Introducation Wesfarmers Limited is the organization that has been accessible for the examination reason and all through the investigation the yearly report of the Wesfarmers Limited will be talked about as to the weakness testing. The organization is Australia based and is recorded in the Australian Stock Exchange having second biggest spot in the retail chains business and is enormous contender to the Woolworths Limited. For making the profound examination and current investigation, the yearly report for the monetary year finishing 30th of June 2017 has been thought of. The budget reports must be perused with the notes to the records of the organization and in this manner, the accompanying resources of the organization have been tried with the end goal of the disability if any during the year: Note number 5 has set out the disability test for the exchange receivables. The exchange receivables are those from whom any sum is receivable and that too in the customary course of business no exceptional exchanges. Note number 7 has set out the subsequent significant head includes the property plant and gear. It incorporates freehold lands, structures, leasehold land upgrades, plant vehicles and hardware and Mineral rent and improvement. Note number 8 has set out the third significant head for weakness testing is the Goodwill and different intangibles. Different intangibles incorporate brand, legally binding and non authoritative connections, programming and gaming and alcohol licenses. Note number 17 has set out the other significant head to be specific Non budgetary resources and note number 18 on Associates and joint Ventures and in like manner impedance is tried for the misfortune in speculation Truly, the organization has directed the testing for weakness and that too as per Australian bookkeeping standard and has given the subtleties clarification of every single testing done by them. According to the seventeen note of the money related report of the organization for the monetary year finishing 30th of June 2017, after test has been accomplished for the impedance: The gathering of the entire organization tests the property plant and gear, altruism and different intangibles on a yearly premise. The testing turns out to be all the more habitually in the event of the intangibles having uncertain lives and as needs be the trying on in any event every year or regular premise have been referenced. The testing is likewise required when a sign is there that the impedance that has been charged in the previous period may have been changed in the current money related year. The gathering will distinguish and recommend the money creating units. The need of distinguishing the money producing units will emerge just when the individual resources won't have the option to create the incomes all alone on free premise rather utilizes different advantages for create the benefits. Additionally when the advantages an incentive being used so determined can't be mimicked with the figures as got with the reasonable worth. From that point, the recoverable measure of every one of the advantage or the money creating units as the case might be is recognized. Recoverable measure of a benefit or the money producing unit is the higher of the reasonable estimation of advantage less expense of the arranging off a similar which is characterized as FVLCOD and the incentive being used. Incentive being used is only the current estimation of all the money inflows that the organization gauges for future for in any event five years. The current worth is determined by utilizing the limited rate or the expense of capital of the organization. On the off chance that the incomes are required for over five years then the equivalent is assessed utilizing the development pace of the organization. For the estimation of the FVLCOD, the limited income way has been utilized rather than different techniques. Presently the recoverable sum so determined is stood out from the conveying measure of the benefit and on the off chance th at the conveying sum surpasses the recoverable measure of the advantages or the money creating units as the case might be then the hindrance is reserved in any case the benefit in thought isn't disabled and is recorded at the conveying esteem as it were. The other thing of the benefit which is tried for the disability is the exchange receivables. These incorporate the parities of the various indebted individuals and different credits and advances made in the ordinary daily practice of business. The exchange receivables are check with various types of hazard like liquidity chance, credit chance and money related hazard. The test for the hindrance is continuous. It doesn't require being sitting tight for the accounting report date of the year end. The test incorporates the checking and confirmation of the reliability of the borrowers with respect to whether they are in a situation to create the salary and dispense the exceptional and appropriately hindrance is reserved. In the given case recoverable sum is distinguished utilizing the limited income strategy and this will reject the momentary account holders as the limiting impact for this situation won't be so critical or material. This, in this mode, the organization does the weakness testing. The bookkeeping treatment of the hindrance is like the deterioration and likewise from one perspective it is charged to the merged articulation of benefit and misfortune account and then again the disability is deducted from the estimation of the advantages so debilitated as on asset report date. On looking of the yearly report of the organization, the note number two of the yearly report of the organization, following sum have been charged as the debilitation and clubbed under the leader of the costs in the merged articulation of benefit and misfortune: S. No. Points of interest Sum ($Million) 1 Plant, hardware and different resources 27 2 Freehold Property 22 3 Generosity NIL Each organization rattles off the key appraisals and the suspicions for following every single count of consumption or income like devaluation and disability, and so forth and these are referenced in the yearly report of the organization. In the given case, the organization has drills down the key assessments and the presumption that the organization has utilized in evaluating the key suppositions and the appraisals for hindrance: The note number seventeen is identified with hindrance of non money related resources and in that the organization has referenced that the significant key supposition has been taken in the reasonable worth less expense of removal estimations. The organization has recognized the two money producing units specifically Coles and Target. For both of the money creating units, the strategy for reasonable worth less expense of removal (FVLCOD) has been utilized for the estimation of the recoverable sum. The presumptions have been made with respect to the limiting rate and the development rate. For Coles and Target the limiting rate accepted that is 8.9% and 11.0% separately. Both limiting rates are post burden and have fused a hazard for the net post charge streams which the organization has evaluated to accomplish later on years. For Coles and Target the limiting rate accepted that is 3.0% and 2.5% separately. The development rate has thought about the development pace of long haul in norm al terms. With the end goal of Curragh money creating unit, recoverable sum has been resolved and various suppositions have been utilized for the impedance. These incorporates the accompanying: Life so remained will be off around 17 years Appraisals of the drawn out coal cost Remote cash rates dependent on 27th of June 2017 Accelerations might be around 2.5% per annum and Markdown rate which will be post assessment will be 9.9%. In this way, these are the suppositions and assessments that are recorded in the yearly report of the organization. Truly, the weakness testing procedure of the advantages of the organization is extremely emotional. The main occurrence where the subjectivity is featured is the utilization of the technique for reasonable worth less expense of removal as opposed to utilizing the incentive being used strategy for computation of the hindrance loss of the advantages. Three money creating units to be specific Coles, Target and Curragh have experienced the impedance testing based on this technique as it were. It delineates that the organization isn't certain itself in the estimation of things to come incomes or the planned plans due to which the incentive being used strategy has not been utilized by the organization. The aftereffect of this subjectivity is that the organization will lose his confidence as zero hindrance has been reserved for the present year. Be that as it may, in the event that organization would have been passed by the incentive being used strategy, at that point the circumstance will be unique. I have discovered the entire procedure of disability testing as intrigue likewise and some of the time confounding too. Fascinating on the grounds that new technique for estimation of the recoverable sum has been uncovered is reasonable worth less expense of removal (FVLCOD). Then again a similar procedure is befuddling additionally in light of the fact that a few estimations and the nitty gritty realities were absent because of which a few clarifications are in dull room like. For example how the limiting rate has been determined, etc. The new knowledge is the selection of the diverse strategy for figuring the impedance which is reasonable worth less expense of removal (FVLCOD). Second understanding is the distinctive suspicion for various money producing units can be taken by the organization. For example, for Coles and Target distinctive suspicion have been put and for Curragh diverse presumption has been put. In the noteworthy bookkeeping strategies as received by the organization as referenced in the yearly report, it is referenced that with the end goal of all reasonable worth estimations the gathering has classified the benefits into three levels. These are: Level One - where reasonable worth will be resolved as per the recorded cost in the market Level Two where reasonable worth will be resolved as per other than recorded costs Level Three - where reasonable worth will be resolved as per unlisted costs. The accompanying reasons helps IASB board in accepting that prior record standard doesn't mirror the eco

Monday, July 13, 2020

How to Disclose Generalized Anxiety Disorder at Work

How to Disclose Generalized Anxiety Disorder at Work GAD Coping Print How to Disclose Generalized Anxiety Disorder at Work By William Meek Medically reviewed by Medically reviewed by Steven Gans, MD on August 05, 2016 Steven Gans, MD is board-certified in psychiatry and is an active supervisor, teacher, and mentor at Massachusetts General Hospital. Learn about our Medical Review Board Steven Gans, MD Updated on January 29, 2020 Generalized Anxiety Disorder Overview Symptoms & Diagnosis Causes Treatment Living With In Children J.A. Bracchi / Stone / Getty Images Going to work is part of daily life for most people in the world. A job can provide meaning, importance, and the opportunity to have a desirable standard of living. However, experiencing generalized anxiety disorder (GAD) can make productive work extremely difficult. Being successful and satisfied in your career is a key reason to manage the disorder, but choosing to disclose your GAD diagnosis to your boss or coworkers can be tricky. Heres what you need to know to navigate that decision. Deciding When to Disclose Making the decision to talk to your employer about GAD can be quite stressful and anxiety-provoking. The first step is figuring out why to discloseâ€"and when. Taking a realistic look at how well you are functioning, how much the disorder is affecting your productivity and completion of job responsibilities, and what you would hope to gain by telling someone, are all key factors to consider. If its affecting your work, you may decide to disclose a GAD diagnosis to your employer when asking about accommodations or assistance. Research Employer Policies Next, become familiar with company policies and accommodations for employees with psychiatric diagnoses. Most workplaces have some policies in place for medical conditions and other life circumstances that may affect employees, so doing your homework first can make it easier to navigate this process. Furthermore, you should gauge how much the disclosure would affect your standing with your company. If you are in a job where you feel like you may be treated unfairly after disclosure, then weigh this into the decision. Who to Tell at Work Finally, decide who to would talk with. Generally, the two best resources for employees with any type of psychological issue are a disability officer, or someone representing your employee assistance program. If neither of these exists then consider working with your treatment provider to determine the best person to talk with. For more information on this decision, visit the Substance Abuse and Mental Health Services Administration (SAMHSA). Your Rights at Work if You Have Depression

Wednesday, May 20, 2020

Writing A Good Essay Is The Most Important Step Of The...

When it comes to writing an essay, many students start writing their papers with the technique they prefer to write their essays with. While others sit there for an hour trying to get their ideas written down on a paper. Writing a good essay is a step by step method but it is a skill that is learned through hard work and practice not through memorizing. A successful writer writes and rethinks the ideas before submitting a paper. The writing process is a very important technique to have to start a paper. It includes planning, organizing, pre-writing, drafting, revision, and editing. This writing technique is similar to following a recipe to make a delicious dish. The chef would have to think about the ingredients that are required to build up this recipe, step by step to achieve the actual taste, similar to the steps of the writing. Planning is the most important step of the whole writing process. It is the first step to take when writing an essay. The planning step is what should make them think about the audience, genre, and the topic. Starting from the beginning the most important thing about planning is to set a goal about what topic the paper is going to be about, analyze who the audience are, and what style the paper is going to be. The closest thing that can be thought of when it comes to planning is the same technique the chef would take to plan what products he/she needs to start making the dish. The second step in the writing process is pre-writing which includesShow MoreRelatedHigh School English Education Provides Every Students With A Basic Five Paragraph Formula872 Words   |  4 Pagesparagraph formula for writing an essay: you start with an introduction paragraph, provide three paragraphs that elaborate on your topic, and finally conclude with a single paragraph wrapping your whole point togethe r neatly. along with the blueprints of writing an essay high school teaches basic grammar skills and then into the last year or so they beginner to scratch the surface of complex writing, writing with skill and uniqueness. what can I do to improve my own writing in college? Through highRead MoreWriting Process Like Process Practicing Tennis995 Words   |  4 PagesWriting process like process practicing tennis. For me, when I began to study English, Writing is too difficult, and I don t know how to write the essay on strong ideas, and well organize. It looks like I play tennis. When I wrote the essays or played tennis, I usually did what I want and what I think that I didn t think about how to write a good essay or do to become a better good player. To become a good writer, I have to practice, learn others, and research important information to support writingRead MoreWriting and Process Essay1193 Words   |  5 PagesProcess essays are essays that explain to the audience how to do something or how to complete a task. This may involve explaining how to put items or ingredients together to make a finished product, such as in a recipe. These essays can also explain how to accomplish a goal. For example , a process essay could detail the steps that must be taken in order to graduate from a particular college. Regardless of the subject, all process essays must clearly explain in detail how to complete or perform aRead MoreRevising a Paper1863 Words   |  7 Pagessomething fresh in critical perspective. Revision is an ongoing process of rethinking the paper: reconsidering the arguments, reviewing the evidence, refining the purpose, reorganizing the presentation, reviving the paper’s perspective. At first, I thought revision was just fixing commas, grammar and spelling, but no, fixing minor errors like grammar, spelling and punctuation are called, proofreading. Proofreading is an important step before turning in a paper, but if the ideas are predictable, theRead MoreUnderstanding the Writing Process1329 Words   |  5 Pages Writing is a different process for each writer who strives to put thoughts into words. In most beginning college English courses, budding writers are taught how to write by following a series of stages. There is a diversity among readers which presents a different viewpoint about a piece of work. This leads to a variety of different works because each written piece, whatever it may be, can be interpreted to mean whatever a reader wants it to mean. However, in order to present your views to otherRead More How to Write a Last-minute Essay720 Words   |  3 PagesHow to Write a Last-minute Essay In high school I was assigned a number of essays to write. With each essay came a lengthy period of time when I was to brainstorm, develop a thesis, piece together an introduction, craft supporting arguments, and deliver an exemplary conclusion. After several attempts at stretching out this process over the allotted time, I discovered that it was to my advantage if I saved the entire project until the last day or two and raced myself against the deadline clockRead MoreGraduation Speech : High School Students921 Words   |  4 Pageswrite an essay. Because the importance of the writing in the High school is focus in the making of new texts and the comprehension it, which good oriented and structured would convert in knowledge. The apprenticeship based in the writing; potency a whole of ideas, and generate bases for the elaboration of own writing that contain arguments; may be reference of others writers, but develop the essence lexical, linguistic and analytical that the students acq uire and expand in that process of accompanimentRead MoreSample Essay : The Portfolio Will Be A Reflective Essay918 Words   |  4 PagesThe first essay in the Portfolio will be a reflective essay. In this essay, you will discuss what you have learned about writing throughout the semester. Be sure to apply what you have learned in the writing of this essay. My English 908 class almost comes to a close, and now it’s time for me to think â€Å"what I have learned in this class?† Reflecting on the past two months, I notice that this class has offered me the ability to aware of my personal strengths as well as weaknesses and also providedRead MoreHow I Learned From College Writing II Than I Thought1013 Words   |  5 Pageslot more from College Writing II than I thought I would have. When this class started, I was not excited, because I have never liked writing, and felt that I was not very good at it. Now it’s coming to an end and fast.  I always enjoyed coming to class because it went by quickly and was never dull. It started with free writes to help with our fluency, to class discussions, peer editing, and having Dr. White revise our essays. All these of have helped me with the writing process and becoming a betterRead MoreHow to Analyze an Expository Essay1684 Words   |  7 PagesExpository writing, in general, is present everywhere. When you pick up a magazine or examine a newspaper article on the newsstand, you are reading a form of exposition because the authors main purpose of writing that article or essay is to inform the reader about a topic. In the classroom, many students are required to produce research papers about a specific topic, such as migration patterns of birds. The purpose of that research paper is to inform the reader, the teacher, about what are the migratory

Wednesday, May 6, 2020

Media s Influence On Society - 1293 Words

Media is a major contributor of how social groups are perceived in today’s society. Mediais around us every day almost all day, and it constantly sends messages about the world’s environment. There are many indicators shown pertaining to how media really affects society. One of the most prominent explanations of those questions is the way media influences stereotypes. There has been previous research linking media sources and biased attitudes. This research paper explores articles supporting media as an influence of stereotypes. The perceptions of society are influenced by media. The media influences perception in many different aspects of life. Stereotypes act as cognitive schemas, used to help us process and organize information about the social world. They help us to separate and group others as we strive to make predictions and interpretations about others. One of the most common cognitive processes associated with stereotyping is social categorization. Social cate gorization is the tendency to classify people into groups. Other sources of stereotypes are in-group/out-group categorization, which place individuals in categories based upon who may be similar to us, versus who is not. Negative stereotypes can lead to prejudice and discrimination, which demonstrates the unjust attitude, or unjustified negative behaviors toward members of other social groups. The generalizations can be negative, positive, or neutral. Stereotypes influence the way we perceive others and alsoShow MoreRelatedThe Media s Influence On Society1462 Words   |  6 PagesThe media s the most powerful entity on earth. They have the power to make the innocent guilty and to make the guilty innocent, and that s power. Because they control the minds of the masses† (Ruddy, 2002). Malcolm X, a prominent African American human rights activist, strongly believed that the media played a vital role in how they make society perceive events and people. An issue that is presen t, historically and currently, is media contributing to racism. When news is reported involvingRead MoreMedia s Influence On Society1454 Words   |  6 PagesThe Media’s Chokehold The media s influence on society is suffocating and undeniable. Body image has become overwhelmingly present in most media today. The front cover of a magazine may critically exclaim â€Å"so-and-so has cellulite† or â€Å"so and so is too thin†. Popular reality stars like Nicole Polizzi (otherwise known as â€Å"Snooki†) have been criticized for being to large and then criticized for being too thin after dropping the weight. The media teaches people to be unsatisfied with their bodiesRead MoreMedia s Influence On Society1269 Words   |  6 Pages The media is full of countless things, it has completely changed the world and is now a part of our everyday lives (Bookman, 64). 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Media aspects are radically reshaping the world (Marina 240)Read MoreMedia s Influence On Society Essay1250 Words   |  5 Pagescapitalist society the United States has developed a media centered culture. Society has been influenced tremendously by mass media it seems as if it has become a necessity in life. Nine DVDs worth of data per person every day is the amount of all media delivered t o consumers whether it be visual or auditorial on a daily basis. As consumers and technology develop that number will continue to increase because of the multi-tasking abilities that will be created (Zverina 13). The hold media has on societyRead MoreThe Media s Influence On Society1654 Words   |  7 PagesMass media is perhaps the most powerful tool in the world for creating, changing or perpetuating society’s ideas about an issue or group of people. 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How many times have we heard this, yet we live in a society that appears to contradict this very idea. If looks don’t matter then why do women and girls live in a society where their bodies define who they are? If looks don t matter then why is airbrushing used by the media to hide any flaws a person has? What exactly is causing this, why do we feel like we are just not beautiful the way we are? Its the media. It’s because the media promotes a certain body image as being beautiful, a nd it’sRead MoreThe Media s Influence On Society1416 Words   |  6 Pagesâ€Å"The media s the most powerful entity on Earth. They have the power to make the innocent guilty and to make the guilty innocent, and that s power. Because they control the minds of the [people]† (Malcolm X). The message of this Malcolm X quote is that society can control the mind of the individual. This is true. For many years, society has influenced everyone worldwide both negatively and positively. That is because society has the ability to control the individual’s decisions. They can controlRead MoreThe Media s Influence On Society2776 Words   |  12 Pagessee many images in the media and they suggest what we should be like. While the media says how we should act or look, these suggestions invade people’s thoughts. The images the media portrays make it hard to break out of socially constructed stereotypes in our lives. The media reflects dominate and social values of peop le’s lives. The media also portrays gender by creating stereotypes and gender roles showing how men, women, and transgenders are seen as deviant. In the media, men are portrayed to

How Does Williams want us to feel about Blanche in the opening scene Free Essays

At the start of the scene, the Blanche is introduced dressed conspicuously in white, â€Å"as if she were arriving at a summer tea or cocktail party†. Williams is trying to portray a sense of youth, innocence and purity in her clothing, but she is obviously out of place; however she is also described as a â€Å"moth†-an unpleasant creature of the dark, so there is obviously more to her than meets the eye. She has an air of great self-importance and she is posh, and therefore slightly out of place. We will write a custom essay sample on How Does Williams want us to feel about Blanche in the opening scene? or any similar topic only for you Order Now She is used to grander settings than Elysian Fields: â€Å"Her expression is one of shocked disbelief†. She is also unimpressed at the state of her sister’s house. She is also very rude and dismissive towards people of lower status, like her overly-helpful neighbour Eunice. After at first failing to get rid of her with boring, one-word answers, she frankly tells her to go away: â€Å"What I meant was I’d like to be left alone†, offending Eunice. She feels superior to Eunice, and is not used to having to answer questions from people she deems to be below her. Once alone, Blanche begins to explore her sister’s house. Her eye is caught by a bottle of whiskey in a half-opened closet, and we find out that she is no novice when it comes to drinking. Whereas before she was sitting â€Å"in a chair very stiffly with her shoulders slightly hunched†, now she â€Å"springs up and crosses to it (the whiskey)†. She ‘tosses down’ half a tumbler, before hiding the evidence, thus revealing her secretive nature. This theme of her secret drinking habit continues throughout the first scene, as she lies about drinking and even has the temerity to claim that ‘one’s her limit’. She is also patronising and rude towards Stella. She joyously embraces her sister, talking far too much while trying to maintain her disguise: â€Å"turn that light off!†¦I won’t be looked at in this merciless glare!† She doesn’t want her sister to see that she is drunk or see through the facade of youthfulness. She then orders her about patronisingly while condemning her home: â€Å"What are you doing in a place like this?† After at first putting up with her sister’s degrading comments about her house, Stella describes her as â€Å"intense†, which describes her perfectly. Blanche is also very quick to accuse her sister, in a bid to deflect attention away from her own short-comings: â€Å"You thought I’d been fired?† She leaves a lot of things unsaid, such as her reason for leaving her job. She also feels the need for approval from her sister, especially appearance-wise. She orders Stella to â€Å"stand up†, before patronisingly referring to her as a â€Å"little partridge† and informing her that she’s â€Å"put on some weight†. Her sister puts up with it thought, obligingly telling her: â€Å"It’s just incredible, Blanche, how well you’re looking†. Blanch is very quick to judge, right from the very start; she is unimpressed by the local area, the neighbours, her sister’s home and even her husband’s nationality; she ignorantly refers to Polish people as â€Å"something like the Irish, aren’t they†¦only not so – highbrow?† She is keen to impose herself upon the local community, again showing her insatiable need to be liked by others. Eventually she moves on to why she came to be here, apart from â€Å"taking a leave of absence† from the school. She gives some lame excuses, like â€Å"I want to be near you† but betrays her cover with the stage direction â€Å"Her voice drops and her look is frightened†. However she is able to recover herself enough to launch into a hyperbolic defence of herself after losing the family home, even blaming Stella for leaving: â€Å"You’re a fine one to sit there accusing me of it!† She also exaggerates greatly, claiming â€Å"I fought for it, bled for it, almost died for it†. How to cite How Does Williams want us to feel about Blanche in the opening scene?, Papers

Thursday, April 23, 2020

Panama Canal Essays - Macro-engineering, Panama Canal,

Panama Canal In 1825, a group of American businesspeople announced the formation of a canal building company, with interests in constructing a canal system across the Isthmus. This project was to take place in an area now called Panama. The endeavor was filled with controversy. Though the canal itself was not built until the early 1900's every step toward the building and ownership, was saturated with difficulty. Walter LaFeber illustrates the dilemmas in a historical analysis. In his work he states five questions that address the significance of the Panama Canal to United States. This paper will discuss the historical perspective of the book's author, address pertinent three questions and give a critique of LaFeber's work, The Panama Canal. For proper historical analysis one must understand the importance of the Canal. The Panama Canal and the Canal Zone (the immediate area surrounding the Canal) are important areas used for trade. Even before the canal was built there were to large ports on both sides of the Isthmus. Large amounts of cargo passed through the Isthmus by a railroad that connected the two ports. The most important cargo was the gold mined in California before the transcontinental railroad was completed in the United States. It has strategic significance because of its location, acting as a gateway connecting the Pacific and Atlantic oceans. This allows for rapid naval deployment between fleets in either ocean. These two facets make the Panama Canal very important in the region. LaFeber notes that Panamanian nationalism played a large role in the creation of the canal and, consequently, the cause for the area's constant instability. The first expression occurred in the late 1800's with Panamanian struggle for independence from Columbia. The United States eager to build the canal, and control its operation, used and backed Panamanian nationalist. During the Roosevelt administration, not only did the United States manipulate factors isolating Panama from other world powers through the Monroe Doctrine; but it committed troops aiding the revolutionaries against another sovereign state. The reason this is a surprise is because the Roosevelt administration normally held a position favoring stability. The United States had no legal right to use force against Columbia. Nationalism came back to haunt the United States. With the treaty signed and a 99-year lease given to the United States, the Canal was built. Since then, the United States has varied on its stance of ownership and the principles of sovereignty concerning the Canal. The ever persistent debate of who owns the Canal and who should have sovereign control over it, has not been solved. The United States has occasionally attempted to "claim" the Canal zone through various methods such as military occupation, exclusion of Panamanians for important jobs in Canal operations and even through the customary aspect of international law. However, each time the Panamanians have managed to maintain claim to the Canal despite the United State's imperialistic posturing to get it. The most recent and notorious of the United States' attempts to annex the Canal Zone was during the Reagan administration. President Reagan said that the Canal Zone could be equated as a sovereign territory equal to that of Alaska. The question here is, was he correct? LaFeber points out that, "the United States does not own the Zone or enjoy all sovereign rights in it." He uses the treaty of 1936 in Article III that states, "The Canal Zone is the territory of the Republic of Panama under the jurisdiction of the United States." The entire topic was summed up neatly by Ellsworth Bunker, a negotiator in the region, when he said, "We bought Louisiana; we bought Alaska. In Panama we bought not territory, but rights." A second important question, is the Canal a vital interest to the United States? LaFeber gives three points suggesting that it is not. First, the importance of the Canal decreased after 1974, because of the end of the Vietnam War and all related military traffic ceased. Second, is the age of the antique machinery dating back to 1914. Inevitably the machinery will need to be replaced. Lastly, the size of the new tankers and cargo ships. The capacity of the canal is too small to handle such a large amount of tonnage. These are viable factors; however, the first argument is concerning whether a war is taking place. It is circumstantial in providing a solid reason for increased traffic through the Zone. This can easily change through and emergence of a new conflict or trading habits of other countries. Thirdly, why have the Panamanians insisted on assuming total control of the