Tuesday, December 24, 2019

National Peace Essay - 1334 Words

From every time period and across the globe, nations have overthrown the rule of factitious dictators to gain freedom and economic stability. Revolutions have paved pathways for renaissance and creation. However, if the country does not set a firm pathway outlining rights and rules, it may find itself back in a similar situation. That is precisely why security sector reform plays such a huge role in a countries well-being. Many security sectors in dictating countries are used to macabre displays of superiority to maintain control. Turning the security sector into trustworthy and approachable is no menial task, but it is essential to sustainable peace. New governments cannot be truly trusted unless the security sector protects its people instead of turning on them. For new and unstable governments, this control could tip the iceberg from chaos to stability. Security Sector reform contributes to sustainable peace by; allowing the people to have a fair say in the dealings of their gover nment, uniting the government and the people, transforming the way that citizens view the government, enabling a stable economic growth. To reform a government in transition, and achieve stable peace, the people must be trusted and have a fair say in the dealings of the security sector. This leads to long lasting peace because citizens are very influential in the structure and success of their governments. If the people feel like they know the doings of their government, they will be less likelyShow MoreRelatedNational Peace Essay1078 Words   |  4 Pagescorruption; peace between countries is thrown out the window when power takes charge of everything we know. Because of that, there are issues that are more than difficult to solve- fighting, protest outbreaks, slaughters in the streets, rebels, countries turning their backs on their own people - everything is out of control. In some countries, the intensity has been growing for more than two years, and obviously it’s not getting any better. What we want, what everyone wants, is to have peace. But thatRead More We Must Build a Culture of Peace Essay1091 Words   |  5 PagesWe Must Build a Culture of Peace      Ã‚   Think global, act local is an appealing slogan, but the advice falls short. We live in a world where our best friends live on different continents and we converse more with our neighbor in Nigeria than our neighbor next door. No longer is it logical to say, Charity begins at home. Instead, our work for human dignity and human rights must be carried on everywhere at once. To create a global culture of peace, youth of the new millennium must think andRead MoreThe Un Security Council : A Legitimacy Crisis And Reform1378 Words   |  6 Pagesstates have conferred the primary responsibility of maintenance of international peace and security to the Security Council . In this essay, whether or not the UN Security Council is considered to be fit for purpose will depend on whether it is a legitimate institution which maintains international peace and security for all states consistently, and to save succeeding generations from the scourge of war . This essay will consider the op inions of renowned intellectuals such as Ian Hurd who argueRead MoreIb Hl History Ia1632 Words   |  7 PagesRonald Reagan had on ending the Cold War between the United States of America and the Soviet Union during the 1980’s. The use of historian argumentation, primary sources, such as Ronald Reagan’s Address to the Nation on Defense and National Security, and analytical essays by well known professors, such as John Gaddis’s excerpt from Major Problems in American History Since 1945 – titled â€Å"Ronald Reagan’s Cold War Victory† – will be utilized. The origins, purposes, values, and limitations of those twoRead MoreWhy The United States Entered World War I942 Words   |  4 PagesI This essay will examine all nine readings. There will also be insight given to why the United States entered World War I, and whether or not the reasons were persuasive. Other things will also be discussed, including: what America’s war aims were, and how Wilson’s goals were unrealistic, misleading, overly idealistic and moralistic. The fact that Wilson expected too much of international law and international organization. Also, why Wilson’s goals were not achieved. That the national interestRead MoreInternational Politics : Mid Term Exam724 Words   |  3 Pagesapproximately 1 to 1 1/2 page essays each. Be sure to Spell and Grammar check. Use your texts to make citations supporting your essays. No additional research beyond the text is necessary. Each essay is 50 points, total test 100 points. SELECT TWO QUESTIONS ONLY: 1. Explain why it is important to understand the evolution of the world’s international system in order to understand our transition to the twenty-first century. 2. Identify the contributions of realism, Liberaism and peace studies approachesRead MorePlay Analysis : The Realist International System1137 Words   |  5 PagesAs a result, this essay asserts that IOs are powerful independent actors to a small, albeit still significant extent. Whilst IOs do hold some power; the state remains the most powerful actor in international society. To develop this assertion, this essay will establish the principles of realism and liberalism, as these theories are central to this essay’s analysis. Additionally, this essay will explore the role IOs play in the realist international system. Conversely, this essay will examine the roleRead MoreThe Treaty Of The Nonproliferation Of Nuclear Weapons866 Words   |  4 Pagesinternational peace agreements. Similarly, collective security â€Å"has formed the foundation of international bodies such as the U.N. and the League of Nations. The member states of accepted certain limitations on self-defense whic h are the reciprocal of its promise of collective security.†(Essays, UK. 2013). Collective security ensures that self-defense does not escalate to certain level. Both Nuclear non-proliferation treaty and Collective security ensure the safety and security of international peace, butRead MoreThe Democratic Peace Theory954 Words   |  4 PagesThe democratic peace theory was not always seen as the substantial argument and significant contribution to the field of International Relations that it is today. Prior to the 1970’s, it was the realist and non-realist thought that took preeminence in political theoretical thinking. Though the democratic peace theory was first criticized for being inaccurate in its claim that democracy promotes peace and as such democracies do not conflict with each other, trends, statistical data, reports have suggestedRead MoreIs the EU Democratic?1411 Words   |  6 Pagesperiods of development, has been considered one of the most advanced forms of regional integration. It, based on numerous treaties and resolutions, has strived to promote values such as peace, cooperation or democracy, and in 2012 was awarded the Nobel Peace Prize for having â€Å"contributed to the advancement of peace and reconciliation, democracy and human rights in Europe† (Nobel Media AB, 2012). Despite its struggle for promoting democracy, the EU itself has long experienced scholarly criticisms that

Sunday, December 15, 2019

Forward the Foundation Chapter 6 Free Essays

15 Cleon was no longer quite the handsome young monarch that his holographs portrayed. Perhaps he still was-in the holographs-but his mirror told a different story. His most recent birthday had been celebrated with the usual pomp and ritual, but it was his fortieth just the same. We will write a custom essay sample on Forward the Foundation Chapter 6 or any similar topic only for you Order Now The Emperor could find nothing wrong with being forty. His health was perfect. He had gained a little weight but not much. His face would perhaps look older, if it were not for the microadjustments that were made periodically and that gave him a slightly enameled look. He had been on the throne for eighteen years-already one of the longer reigns of the century-and he felt there was nothing that might necessarily keep him from reigning another forty years and perhaps having the longest reign in Imperial history as a result. Cleon looked at the mirror again and thought he looked a bit better if he did not actualize the third dimension. Now take Demerzel-faithful, reliable, necessary, unbearable Demerzel. No change in him. He maintained his appearance and, as far as Cleon knew, there had been no microadjustments, either. Of course, Demerzel was so close-mouthed about everything. And he had never been young. There had been no young look about him when he first served Cleon’s father and Cleon had been the boyish Prince Imperial. And there was no young look about him now. Was it better to have looked old at the start and to avoid change afterward? Change! It reminded him that he had called Demerzel in for a purpose and not just so that he might stand there while the Emperor ruminated. Demerzel would take too much Imperial rumination as a sign of old age. â€Å"Demerzel,† he said. â€Å"Sire?† â€Å"This fellow Joranum. I tire of hearing of him.† â€Å"There is no reason you should hear of him, Sire. He is one of those phenomena that are thrown to the surface of the news for a while and then disappears.† â€Å"But he doesn’t disappear.† â€Å"Sometimes it takes a while, Sire.† â€Å"What do you think of him, Demerzel?† â€Å"He is dangerous but has a certain popularity. It is the popularity that increases the danger.† â€Å"If you find him dangerous and if I find him annoying, why must we wait? Can’t he simply be imprisoned or executed or something?† â€Å"The political situation on Trantor, Sire, is delicate-â€Å" â€Å"It is always delicate. When have you told me that it is anything but delicate?† â€Å"We live in delicate times, Sire. It would be useless to move strongly against him if that would but exacerbate the danger.† â€Å"I don’t like it. I may not be widely read-an Emperor doesn’t have the time to be widely read-but I know my Imperial history, at any rate. There have been a number of cases of these populists, as they are called, that have seized power in the last couple of centuries. In every case, they reduced the reigning Emperor to a mere figurehead. I do not wish to be a figurehead, Demerzel.† â€Å"It is unthinkable that you would be, Sire.† â€Å"It won’t be unthinkable if you do nothing.† â€Å"I am attempting to take measures, Sire, but cautious ones.† â€Å"There’s one fellow, at least, who isn’t cautious. A month or so ago, a University professor-a professor-stopped a potential Joranumite riot single-handedly. He stepped right in and put a stop to it.† â€Å"So he did, Sire. How did you come to hear of it?† â€Å"Because he is a certain professor in whom I am interested. How is it that you didn’t speak to me of this?† Demerzel said, almost obsequiously, â€Å"Would it be right for me to trouble you with every insignificant detail that crosses my desk?† â€Å"Insignificant? This man who took action was Hari Seldon.† â€Å"That was, indeed, his name.† â€Å"And the name was a familiar one. Did he not present a paper, some years ago, at the last Decennial Convention that interested us?† â€Å"Yes, Sire.† Cleon looked pleased. â€Å"As you see, I do have a memory. I need not depend on my staff for everything. I interviewed this Seldon fellow on the matter of his paper, did I not?† â€Å"Your memory is indeed flawless, Sire.† â€Å"What happened to his idea? It was a fortune-telling device. My flawless memory does not bring to mind what he called it.† â€Å"Psychohistory, Sire. It was not precisely a fortune-telling device but a theory as to ways of predicting general trends in future human history.† â€Å"And what happened to it?† â€Å"Nothing, Sire. As I explained at the time, the idea turned out to be wholly impractical. It was a colorful idea but a useless one.† â€Å"Yet he is capable of taking action to stop a potential riot. Would he have dared do this if he didn’t know in advance he would succeed? Isn’t that evidence that this-what?-psychohistory is working?† â€Å"It is merely evidence that Hari Seldon is foolhardy, Sire. Even if the psychohistoric theory were practical, it would not have been able to yield results involving a single person or a single action.† â€Å"You’re not the mathematician, Demerzel. He is. I think it is time I questioned him again. After all, it is not long before the Decennial Convention is upon us once more.† â€Å"It would be a useless-â€Å" â€Å"Demerzel, I desire it. See to it.† â€Å"Yes, Sire.† 16 Raych was listening with an agonized impatience that he was trying not to show. He was sitting in an improvised cell, deep in the warrens of Billibotton, having been accompanied through alleys he no longer remembered. (He, who in the old days could have threaded those same alleys unerringly and lost any pursuer.) The man with him, clad in the green of the Joranumite Guard, was either a missionary, a brainwasher, or a kind of theologian-manque. At any rate, he had announced his name to be Sander Nee and he was delivering a long message in a thick Dahlite accent that he had clearly learned by heart. â€Å"If the people of Dahl want to enjoy equality, they must show themselves worthy of it. Good rule, quiet behavior, seemly pleasures are all requirements. Aggressiveness and the bearing of knives are the accusations others make against us to justify their intolerance. We must be clean in word and-â€Å" Raych broke in. â€Å"I agree with you, Guardsman Nee, every word. But I must see Mr. Joranum.† Slowly the guardsman shook his head. â€Å"You can’t ‘less you got some appointment, some permission.† â€Å"Look, I’m the son of an important professor at Streeling University, a mathematics professor.† â€Å"Don’t know no professor. I thought you said you was from Dahl.† â€Å"Of course I am. Can’t you tell the way I talk?† â€Å"And you got an old man who’s a professor at a big University? That don’t sound likely.† â€Å"Well, he’s my foster father.† The guardsman absorbed that and shook his head. â€Å"You know anyone in Dahl?† â€Å"There’s Mother Rittah. She’ll know me.† (She had been very old when she had known him. She might be senile by now-or dead.) â€Å"Never heard of her.† (Who else? He had never known anyone likely to penetrate the dim consciousness of this man facing him. His best friend had been another youngster named Smoodgie-or at least that was the only name he knew him by. Even in his desperation, Raych could not see himself saying: â€Å"Do you know someone my age named Smoodgie?†) Finally he said, â€Å"There’s Yugo Amaryl.† A dim spark seemed to light Nee’s eyes. â€Å"Who?† â€Å"Yugo Amaryl,† said Raych eagerly. â€Å"He works for my foster father at the University.† â€Å"He a Dahlite, too? Everyone at the University Dahlites?† â€Å"Just he and I. He was a heatsinker.† â€Å"What’s he doing at the University?† â€Å"My father took him out of the heatsinks eight years ago.† â€Å"Well-I’ll send someone.† Raych had to wait. Even if he escaped, where would he go in the intricate alleyways of Billibotton without being picked up instantly? Twenty minutes passed before Nee returned with the corporal who had arrested Raych in the first place. Raych felt a little hope; the corporal, at least, might conceivably have some brains. The corporal said, â€Å"Who is this Dahlite you know?† â€Å"Yugo Amaryl, Corporal, a heatsinker who my father found here in Dahl eight years ago and took to Streeling University with him.† â€Å"Why did he do that?† â€Å"My father thought Yugo could do more important things than heatsink, Corporal.† â€Å"Like what?† â€Å"Mathematics. He-â€Å" The corporal held up his hand. â€Å"What heatsink did he work in?† Raych thought for a moment. â€Å"I was only a kid then, but it was at C-2, I think.† â€Å"Close enough. C-3.† â€Å"Then you know about him, Corporal?† â€Å"Not personally, but the story is famous in the heatsinks and I’ve worked there, too. And maybe that’s how you’ve heard of it. Have you any evidence that you really know Yugo Amaryl?† â€Å"Look. Let me tell you what I’d like to do. I’m going to write down my name on a piece of paper and my father’s name. Then I’m going to write down one word. Get in touch-any way you want-with some official in Mr. Joranum’s group-Mr. Joranum will be here in Dahl tomorrow-and just read him my name, my father’s name, and the one word. If nothing happens, then I’ll stay here till I rot, I suppose, but I don’t think that will happen. In fact, I’m sure that they will get me out of here in three seconds and that you’ll get a promotion for passing along the information. If you refuse to do this, when they find out I am here-and they will-you will be in the deepest possible trouble. After all, if you know that Yugo Amaryl went off with a big-shot mathematician, just tell yourself that same big-shot mathematician is my father. His name is Hari Seldon.† The corporal’s face showed clearly that the name was not unknown to him. He said, â€Å"What’s the one word you’re going to write down?† â€Å"Psychohistory.† The corporal frowned. â€Å"What’s that?† â€Å"That doesn’t matter. Just pass it along and see what happens.† The corporal handed him a small sheet of paper, torn out of a notebook. â€Å"All right. Write it down and we’ll see what happens.† Raych realized that he was trembling. He wanted very much to know what would happen. It depended entirely on who it was that the corporal would talk to and what magic the word would carry with it. 17 Hari Seldon watched the raindrops form on the wraparound windows of the Imperial ground-car and a sense of nostalgia stabbed at him unbearably. It was only the second time in his eight years on Trantor that he had been ordered to visit the Emperor in the only open land on the planet-and both times the weather had been bad. The first time, shortly after he had arrived on Trantor, the bad weather had merely irritated him. He had found no novelty in it. His home world of Helicon had its share of storms, after all, particularly in the area where he had been brought up. But now he had lived for eight years in make-believe weather, in which storms consisted of computerized cloudiness at random intervals, with regular light rains during the sleeping hours. Raging winds were replaced by zephyrs and there were no extremes of heat and cold-merely little changes that made you unzip the front of your shirt once in a while or throw on a light jacket. And he had heard complaints about even so mild a deviation. But now Hari was seeing real rain coming down drearily from a cold sky-and he had not seen such a thing in years-and he loved it; that was the thing. It reminded him of Helicon, of his youth, of relatively carefree days, and he wondered if he might persuade the driver to take the long way to the Palace. Impossible! The Emperor wanted to see him and it was a long enough trip by ground-car, even if one went in a straight line with no interfering traffic. The Emperor, of course, would not wait. It was a different Cleon from the one Seldon had seen eight years before. He had put on about ten pounds and there was a sulkiness about his face. Yet the skin around his eyes and cheeks looked pinched and Hari recognized the results of one too many microadjustments. In a way, Seldon felt sorry for Cleon-for all his might and Imperial sway, the Emperor was powerless against the passage of time. Once again Cleon met Hari Seldon alone-in the same lavishly furnished room of their first encounter. As was the custom, Seldon waited to be addressed. After briefly assessing Seldon’s appearance, the Emperor said in an ordinary voice, â€Å"Glad to see you, Professor. Let us dispense with formalities, as we did on the former occasion on which I met you.† â€Å"Yes, Sire,† said Seldon stiffly. It was not always safe to be informal, merely because the Emperor ordered you to be so in an effusive moment. Cleon gestured imperceptibly and at once the room came alive with automation as the table set itself and dishes began to appear. Seldon, confused, could not follow the details. The Emperor said casually, â€Å"You will dine with me, Seldon?† It had the formal intonation of a question but the force, somehow, of an order. â€Å"I would be honored, Sire,† said Seldon. He looked around cautiously. He knew very well that one did not (or, at any rate, should not) ask questions of the Emperor, but he saw no way out of it. He said, rather quietly, trying to make it not sound like a question, â€Å"The First Minister will not dine with us?† â€Å"He will not,† said Cleon. â€Å"He has other tasks at this moment and I wish, in any case, to speak to you privately.† They ate quietly for a while, Cleon gazing at him fixedly and Seldon smiling tentatively. Cleon had no reputation for cruelty or even for irresponsibility, but he could, in theory, have Seldon arrested on some vague charge and, if the Emperor wished to exert his influence, the case might never come to trial. It was always best to avoid notice and at the moment Seldon couldn’t manage it. Surely it had been worse eight years ago, when he had been brought to the Palace under armed guard. This fact did not make Seldon feel relieved, however. Then Cleon spoke. â€Å"Seldon† he said. â€Å"The First Minister is of great use to me, yet I feel that, at times, people may think I do not have a mind of my own. Do you think that?† â€Å"Never, Sire,† said Seldon calmly. No use protesting too much. â€Å"I don’t believe you. However, I do have a mind of my own and I recall that when you first came to Trantor you had this psychohistory thing you were playing with.† â€Å"I’m sure you also remember, Sire,† said Seldon softly, â€Å"that I explained at the time it was a mathematical theory without practical application.† â€Å"So you said. Do you still say so?† â€Å"Yes, Sire.† â€Å"Have you been working on it since?† â€Å"On occasion I toy with it, but it comes to nothing. Chaos unfortunately interferes and predictability is not-â€Å" The Emperor interrupted. â€Å"There is a specific problem I wish you to tackle. Do help yourself to the dessert, Seldon. It is very good.† â€Å"What is the problem, Sire?† â€Å"This man Joranum. Demerzel tells me-oh, so politely-that I cannot arrest this man and I cannot use armed force to crush his followers. He says it will simply make the situation worse.† â€Å"If the First Minister says so, I presume it is so.† â€Å"But I do not want this man Joranum†¦ At any rate, I will not be his puppet. Demerzel does nothing.† â€Å"I am sure that he is doing what he can, Sire.† â€Å"If he is working to alleviate the problem, he certainly is not keeping me informed.† â€Å"That may be, Sire, out of a natural desire to keep you above the fray. The First Minister may feel that if Joranum should-if he should-â€Å" â€Å"Take over,† said Cleon with a tone of infinite distaste. â€Å"Yes, Sire. It would not be wise to have it appear that you were personally opposed to him. You must remain untouched for the sake of the stability of the Empire.† â€Å"I would much rather assure the stability of the Empire without Joranum. What do you suggest, Seldon?† â€Å"I, Sire?† â€Å"You, Seldon,† said Cleon impatiently. â€Å"Let me say that I don’t believe you when you say that psychohistory is just a game. Demerzel stays friendly with you. Do you think I am such an idiot as not to know that? He expects something from you. He expects psychohistory from you and since I am no fool, I expect it, too. Seldon, are you for Joranum? The truth!† â€Å"No, Sire, I am not for him. I consider him an utter danger to the Empire.† â€Å"Very well, I believe you. You stopped a potential Joranumite riot at your University grounds single-handedly, I understand.† â€Å"It was pure impulse on my part, Sire.† â€Å"Tell that to fools, not to me. You had worked it out by psychohistory.† â€Å"Sire!† â€Å"Don’t protest. What are you doing about Joranum? You must be doing something if you are on the side of the Empire.† â€Å"Sire,† said Seldon cautiously, uncertain as to how much the Emperor knew. â€Å"I have sent my son to meet with Joranum in the Dahl Sector.† â€Å"Why?† â€Å"My son is a Dahlite-and shrewd. He may discover something of use to us.† â€Å"May?† â€Å"Only may, Sire.† â€Å"You’ll keep me informed?† â€Å"Yes, Sire.† â€Å"And, Seldon, do not tell me that psychohistory is just a game, that it does not exist. I do not want to hear that. I expect you to do something about Joranum. What it might be, I can’t say, but you must do something. I will not have it otherwise. You may go.† Seldon returned to Streeling University in a far darker mood than when he had left. Cleon had sounded as though he would not accept failure. It all depended on Raych now. How to cite Forward the Foundation Chapter 6, Essay examples

Saturday, December 7, 2019

Legal Issues in the Cloud IEEE Cloud Computing

Question: Describe about the Legal Issues in the Cloud for IEEE Cloud Computing? Answer: Introduction Every organization is trying to cope up with the modern world to meet their client expectations which increase their enthusiasm to look for solutions to work in a competitive environment. Information technology equipmentand services are essential for efficient functioning of enterprise. Significant capabilities from IT attract both the customers and providers of the solution. Though to attract new business opportunities the company has to invest in innovative direction to conduct business. The invention of cloud computing is a revolutionary change in IT system and IT implementation. This technology completely changes the way in which an IT companyscale, deploy, , develop, , update,invent and maintain. This service will provide the company with many added benefits like on demand, efficiency, broad network access,self-service, elasticity, measured service and also business agility. Findings And Analysis Cloud Computing Cloud computing is a model which enableseasy on demand network access to the shared pool of customizable computer resources like, service, storage,networks, application and services which can be provided instantly and developed without the requirement of a large number of resources. In cloud computing the enterprises outsource their information to cloud storage providers at a very minimalistic rate rather than maintaining own servers which are an expensive liability to the companies and hence saves a lot of financial investment(Tari, 2014). Depending upon the service they provide cloud computing has three different broad categories Software-as-a-service provides single application to the clients through the web browser and hence the requirement to invest in software license or servers is reduced and from provider side only one application is required. Therefore a lot of money is saved in the investments. Platform-as-a-service provides the providers with a cloud environment where the customers develop application which runs on the providers environment and then delivered to the user via the internet. Infrastructure-as-a-service provides the organization to outsource the hardware equipments used to construct a support operation including storage devices, servers processors, coolers and networking components. The service provider who owns the equipment and is responsible for the maintenance of it. The clients just pay as per the usage(Sill, 2014). There are different types of model of cloud computing depends upon their usage the user and the service provider shares over the IT resources used. In the traditional model the user had almost total control over the service but in the other models it is shared limitedly due to the dependency of internet connection providers(Ranjan, 2014). There are mainly four deployment models of cloud computing Private cloud- this is for exclusive use by a single organization consisting of a multiple number of consumers. Services are available within the organization via intranet. It is safest but also the most expensive one. Community cloud- this cloud is shared by a group of communities of the same organization. Public cloud- it is provisioned for open use to the general public. Hybrid cloud- it consists multiple cloud establishment that are kept as separate entities but are bound and connected by technology that enables data and application portability(Rana, 2014). The choice of deployment model is largely based on the technological and monetary holdings of the investor and the might for risk. If the company has a setup already it can manage to build its own cloud. If the company does not have the setup but it has the financial means then also the hybrid model is suitable. But if the company doesnt have the setup as well the financial means then it should go for the public model(Martin-Flatin, 2014). Comparison Of Traditional Model With Cloud Computing Traditional Model In traditional model when any company decided to operate on its own IT infrastructure. It was forced to bear all the expenses of servers, networking, software etc. the model may not even be used up to its full capacity in the cases of companies starting in a new business venture and starting to setup clients, so the company had to bear all the expenses throughout this period. Studies have shown that companies who adapt to fast changing conditions in short time will always be more successful than its competitors. Sometimes due to traditional models requiring more time for up gradation it is not able to suffice the increasing business needs of the enterprise due to development and growth and hence it depreciates the demand factor of the companies(Khan, 2014). Cloud Based Model In the cloud based model the organization does not has to invest in the expensive infrastructure at the beginning of their venture which in turn is cheaper and saves a lot of investments for the company. During the increasing demand of clients the servers are highly flexible and provide allocation of assistance whenever required and hence further investment of time and money is saved from up gradation of infrastructure. Therefore investment in cloud computing reduces the risk of losing money on development of additional revenues and loss of customers(IEEE Transactions on Cloud Computing Call for Papers, 2014). Economics Of Cloud Computing The main reasons for companies to shift from traditional techniques to cloud computing is the economic advantage. The main advantage is that one can use only what is required and pay for that itself. Building ones own IT infrastructure is very expensive and time consumable project and hence it is unbearable by most companies. For a small company to invest so much money at once is huge risk as it also decreases the financial liquidity of the company. The application of cloud computing decreases such chances by paying for only the services you need and depreciates the chances of high amount of monetary outflow during initial stages of development of the company(IEEE Transactions on Cloud Computing, 2013). The absence of up-front capital allows capital to be re-directed to core business investment. The absence of incurred CapEx means that there will be no increase in balance sheet and therefore no decrease in return on investments. Assessment The companies can determine the total cost of a new product or system by the help of Total Cost of Ownership (TCO). It involves the total cost of acquisition, installation, operation, maintenance, and disposal of the assets of a company. To present the application of TCO application we can undertake a case study where a fashion store retailer with 12 stores spread across New Zealand. They used to host their own server infrastructure to provide retail environment and point to point business which required a private network, which created problems in keeping the stores in sync. Then they decided to migrate to a cloud based solution and moved point to point sale to an online application sale backed by a cloud provider, thus gaining cost saving and no requirement of an IT infrastructure. Before using the cloud service their investment per annum excluding the hardware was about 30k $. The cloud provider would also provide them with a number of business activities like to manage email, calendar and contacts by google apps. Circulating and sharing documents by drop box. Accounting entrusted to zero. All sales platform, including back office and distribution office production is carried by platform provided by Vend(Collins, 2014). Business agility is the ability of a business to get used to rapidly and cost efficient manner according to the business ventures. Business agility is the greatest cloud benefit. Self service provisioning, workload mobility management and automation are all results of cloud computing. Though there are certain things which have to be kept in mind before investing in cloud computing like reducing operational risk, cloud management is moving the business from own management to a third party management and quality and safety is crucial. There has to be precise terms of contract made with the service provider as customers give up some control to the vendors (Choo, 2014). Conclusion This paper depicts that cloud computing idea of IT implementation has number of benefits. The model is a viable alternative to traditional management techniques. One should also go through the pros and cons of cloud computing before investing as it also has some negativities of data security and relinquishing part of operations to vendors. Cloud computing means increased economic efficiency and less control means greater economic benefits and vice versa. Still cloud computing technology should be widely investigated and based on risk analysis. References Choo, K. (2014). Legal Issues in the Cloud. IEEE Cloud Computing, 1(1), pp.94-96. Collins, E. (2014). Intersection of the Cloud and Big Data. IEEE Cloud Computing, 1(1), pp.84-85. IEEE Transactions on Cloud Computing Call for Papers. (2014). IEEE Cloud Computing, 1(4), pp.87-87. IEEE Transactions on Cloud Computing. (2013). IEEE Transactions on Cloud Computing, 1(2), pp.229-229. Khan, S. (2014). Elements of Cloud Adoption. IEEE Cloud Computing, 1(1), pp.71-73. Martin-Flatin, J. (2014). Challenges in Cloud Management. IEEE Cloud Computing, 1(1), pp.66-70. Rana, O. (2014). 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